CLwpany NunknT.' 05646553
Chwity Rogistration Number.. 1140731
Regulat￿ of &Kial Housing Registration Number.. L4551
Reading Y.M.C.A.
ReFat arnl Fman¢ial ststern￿
Yeai Ended
31 March 2025

Reading Y.M.C.A.
An￿￿1 r•portand flnan¢lal slatemerrts
lor the year •nd•d 31 Ilarch 2025
Contthts
Board of manager1￿rI ret
Report ofthe Ir¥h￿nt a￿11￿¥5
12
Incorne and expeThJiture act￿nI
13
Balarth
15
st•terrenl ol ¢h8nges in reserv
le
Cash fflow Itston￿nI
17
Not•s lorming part of1￿ financlal Stslorr￿nts
Board of M4Mynwnt (dlr•¢tN*)
G M Woouey
P Dick
N Denton
R Williamg
G K Meyje$
Chl•f Ex•cullv¢ om¢•r
D Pouhon
8e¢retsry
G M Woolkny
Comp•ry Nurnlxr
05646553
Charfty Regtstr*11on Numb•r
1140731
R•gul•tor of So¢hl No￿1n9 Roglthllon I￿rnh•T
L4551

Reading Y.M.C.A.
Ann￿[ f•port and Ilnanclil $tstsments
forthe ye¥r ￿￿ed 31 M•r¢h 2025
Regtstsr•d Offlce and PrIn¢l￿1 Plx• of B￿1n•￿
34 Parkspje Road. Reading, B8rkshire. RG30 2DD
Bankers
BarcLqy6 8ank pk, TikhurBL Bwkshire
Solkltors
F￿ld S&ymour Parkw. Rewjing, BerksP*e
Audlto
Jame8 Cowper Krnston Au¢*l, Greenham Businem Path, 2 CmNthallon$ Road, Nowt*ury, RG19 &48

Reading Y.M.C.A.
Rewt ofth• Bo•rd ol Manaynk•nt
for the year end•d 31 IAarch 2025
R8port of the Board of Management for tho year ended 31 March 2025
The Board of Management is pleased to wesent rts ANwl Report togetr*r wth the aLMJited finaneial slatsments for
the period ended 31 March 2025. This report is 4$0 ￿ Diredors. Report rewired by section 417 of the Companies
Act 2006.
YMCA is laryest *KI owjtst charity In Ihe *r¥ld serves more than 85 mlNk*n people 8¢ros$ 120 countries
WOrld4￿de. In Engl￿d PAHI Wales YNCA tntensivety surwt 402.000 youThJ people every year a¢roM 84 YMCAS.
Reading YIACA can trac* bts 0ri9iry6 baGk lo th •*118st d8y8 of th• YA4CA Thw)vemgnt. Th8 fomd meetlng of
Reading YMCA was on 18th Decembgr 1846. ReadirKJ YMCA woudy d•ims to be ono of the olde81 YMCAS In tho
WOTkl.
Evéryon• should have a fair chonceto dlscovervtho ihey are andvthatthèy bocome. YMCA Reading believe in fairne8B
•neJ opportunty. There are the essential builth'ng blocks for a full arKI rewarding lrfe.. A safe home.. acceplanc•,'
guidance., fnend8hlp'. phy8ical and mental ￿￿th.. •cademi¢ support,. employm•nl skills,. and a¢cè$8 lo ro81
opportunrtie8. Many young p•￿Ie have never krKy4V theye tI￿n95. other ￿ople have lost one or moro as they grew up,
but we all need them. All ol us. Ay YMCA Reathng. ws wovld# th•* uitical knJndation8 for • trejh. Jtrong start for
young pooplo and a better quality of life in Ihe commurrity.
Reading YMCA operatès a8 a Registered Charlty. Cthnpany tsmit•d ty Guarantee and Regi8tarèd Provlder ￿th the
Sw•1 Housing Reg￿810￿.
2.1 Hou81ng
R•adlng YMCA provid￿ supported housing lor 40 5eMce users at any one tim• (through its Parkslde Road
accommodation Cenlrel and works closdy wlh Reathng Borough Council's housing department, crimlnal lusllce
agencie¥, substance misuse servitss. employmenl and training partners and other specialist young people's service8.
2.2 Community InVo￿tMent
In addrtlon. Readlng YMCA q>orates a pre-school and a GNle rTr8ile. t4)th treM￿dOuS as8et8 to th• Rèadlng YMCA
Communlty profle. Readlng YMCA Vh)rks in parlnèrship wilh a ran99 of commuth seNlces aThl dubs And dr8ws on a
range of facilitiès to provKl• semces, induding its man a￿mmodatiOn centre (built #i 2008), tho P•thorth Outdoor
Acdvlty C•ntr8, and Its iports facthi8s- t￿ Milwartl Centre.
2.3 Future plan$
Reathng YMCA is looklng lo conlnue to resporwj to Ihe chalenges In it8 local communrty and to meet the needg of
young ￿0P19 in the area. As ￿th Ihe *ider YMCA mtrrtnenl. it 18 taking a m¢)ré holistic 8pproach, wlh a focus on
cr8aling 8 community that is tra[th￿l￿ I￿￿. Crftical to th18 h helplNd Y(￿rtg pwlc+ ￿aY an active aTh1 fvlfilllrvJ role
within their communities.
Wthin thls context, Ihe Msion ol Reaolng YMCA is of ￿ Inchtsive Christian movèrn￿t transfomiing ¢X*mmunNies so
that all young wople can telong. contribute and Ilwive. is underpinned by five strcfflg and distinctive values thot
Ilowfrom YMCA'S Christian eltm:
Page 1

Reading Y.M.C.A.
Report of th• Bo•rd of Ilanag•m•nt
torth• year ended 31 March 2026
Wo $•ok out
We actively look for opportun￿Os to make a tronsf(Ymabve impact ￿ YO￿ Irth In ts communrties where we work,
and believe that every person is of equal
We welcom•
We offer people the spxe thèy r￿d lo feel Se￿￿. respected. he8rd and valued.. and ¥￿ ahvay¥ protKt, trust, hope
and peNvere.
W• Insplr•
We strive to insixre ￿ch Pers￿ ￿ meet to thelr body. mlnd and •F4ri( and to realls8 their fvll potential In all
they do.
W• $p••k oul
le stand up for young people, out on Iss￿5 that affect th￿r lives. and help them to firKI Gonfidence In thelr own
voiGe.
W• ierve oth•r•
W• *r8 commitied lo the welbeing aftr* C￿MunI￿3 in the Pos￿¥a benefrt of partldpaion. locally
ond In thè wid•r *￿Ik1.
To d8llver on this vision and vall￿. Rèwlrq YMCA has recogniled It needs to further change and d&vo10p.
Speciffically, Trt has 801 a numt•r of 8tr•tesiG to be 8thlov•d ovw tho &'fthme ef thls bu86ne88 plan. The88 am..
1. Continue lo deliver high qua16ty supwted acCoMrf￿10n ththlle belThJ recognlsed 88 th8 R8adiny market18¥der In
the dellvery of supported accommodat6on for young PeO￿e.
2. Dev•lop and delNer high qualty communty programmes enabling Fosltfve devebpment ofchlldren and young pwpl•.
3. Work collaboraJvety vlth YMCAS olhw p8rtnerv.
4. Supportlng and enhanclng qu81.ty and good govemance.
5. Lejsening our dependtsn￿ on pu￿1¢ funding.
6. Operate our finances In a prudènt mannw.
3.1 Our Objects
1. To unite those vtho. regaTding J•sus Chrfst as thelr God and Savk*ur aceordirs to thè holy xrlplures, deolr? lo be h18
dlsciples in their faith and in th8lr lif•, and to associate th￿r efforts lor the extension of Hi6 Kingdom.
2. To l•ad yourvJ people to the Lord Je•us ChTl•t •NI to fi11r￿S of lifè ￿ HIM.
3. To provide or a5SiSt in thé ptovlsion in the interests of sodal V**Ware of fathtiej for reueation and other1oi¥ure tlme
occupatlon for mèn ènd wom¢n V*ilh the object of iMpro￿ry their condifj'onty of Irle.
4. To wovidè. improve and manage arKI host* wovtdir4J re81denlial xcommodatlon for men and wom•n of all
ages upon terms aPpro￿ate to th8ir m8ans. And A88oc4atKM) shal Iwe thè following ￿th￿r¥ exerosable in
furtherance of itB said objects but not othe￿7$8 n8mdy:
(al To appty for and thereafter maintwn a Certificate of Affthation to The Nallonal Coundl of Young Mon's Christi
A88ocialion8 Ilncorp)r8ted}.
(bl To eslablish and on b￿￿h8$ oftr* Asw)￿1￿.
le} To prorN)te. provide and carryon (ya￿$t in ￿YWaY ints Ffomotsn, Provisi￿ and cgrrying on Offa￿litIes. 8ou8ties
and Clubs of any ￿nd ￿ to arrange and Ivjld meetings, corrf8rencos, l•ctLfeS ond training courses.
Page 2

Reading Y.M.C.A.
R•port of th• B￿rd ol Mamgenx
forth• y••r•nd•d 31 Ilarch 2026
Idl To Cowoperate with arml 8nter into any tyttercharge of fwlibes and benefft5 With t￿Y YI￿ng Men's Chrlslan
AssocAation wher8v8r established
{e} To provide directy or in a8soaatiQD With ottrms a advlce Se￿Ce for men and womèn of 911 ayes.
lfj To collect and m&ke avalable Infomati￿ related to tIN% n8gds of mon and w(mn￿ of all ages.
(gl To rai59 fvnds and invrte or receNe conlributj'ons for any person or persons whatsoever by way of 8ubs¢ripb'on.
donation and otherv•ise pmmdod Ihat thè Ass¢)oation 8haK nol any pem)anènt tradlng activities In ralsing
funds for its charitable objects.
{hl To purchas•, take on lease or In èxcharwe. hire or olheNi8e acquire r801 Of ￿(SOnal property aThJ any rfghts
privi*e8 and to con8tnxt. m8int8ln and kn bulthws or erectlons.
(il To 8ell. let, mortga98, di&po•e of ry lum to accolrt all or any of the prOr￿ty or 8888ts of tha A8•ocialion subject
to such consenls #s may be reqLArthl by law.
111 To urKlgrtake and exoCUt• any chvila￿e tru•ts *thlch m•y lawr￿ be undertaken by the Aseocfjatlon.
(k) To 801i¢it, and receive and accapl financid ￿$tance donations and 0nd￿mentS. gffts {both Inter vlvos and
testamentary), devises. bequests 8fKI loans of mow, rents, ￿redIt￿￿ts and crther propety vthatsoèv8r rèal or
perBonal and 8ubjoct IY Mt to ony specific charits￿e trusts or condition8.
111 To borrow or ralse money on such terni8 and on such 8•curlty as m•y be Ihoughl fft subject to SLth con8•nts 48
may be required by law.
Im) To inv•st the morw¥ of the Assoaation rMIt Immethatèty wwrod (Y ts purpg8•s in or upon such Inve8trn8nt8,
¥eNirlllety or property as may b• thought fft s￿leCt nev8rdwl•s$ lo such condition81rfonyl and Such con80nts Ilf any)
as Thay for the lime being ￿ irnposed or required by law and 5ul4.ect also as hereinafter provided.
{nl To lend any part of the rnorws of the Association and do ￿th or V*ithwt interest and in the case of a loan not
èxceeding E20 with or withoLrt secuiity 8nd In any ca8e sueh $8eLty as A5s0cialion may reasonably consider
8uffi¢ient, lo enter into guarantees, ￿ntraCt5 of irwJemThty SLwetyBhips of all kiThYJ arKI lo become
seeurfty for any pèr$en$, firms or comp8nie$.
lol To engage and p8y arry tyenl$ and emF4oyees and lo make all reasona￿9 ar￿ nece35ary provision lor the
payment of pensions and supwannuati¢)n lo 8nd on behdf of ern￿oyees, former employeej and Iheir w(knvs and
other dependants.
(p} To establish and support or aid in the establishnont Bupwl of any charfI￿le as8oclatl0￿ or injlituticffls and
to $ub$cribe or guarantee money for cha￿table purpojes.
Iq} To do all such other tringB as are for th• a￿nrr￿rf of the above objects of any ol tsm.
4.1 G￿rnan¢• stNctur•
1.1 R•glstratlon wlth th• Chartty con41￿n
As already notéd, R8ading YMCA is registefed wrlh the Charity Commission. Companies House and the Soc181
Housing R8gulator. Reading YMCA comt4ies *ilh the IW requirements arKI best practice guidance of these ar
other rel8VP￿ bodies by of rt8 d￿leS as an ￿p10Y¢r a recip￿ of govern￿nt fvnds.
Page 3

Reading Y.M.C.A.
R•port ofth• Bo•ftl of Management
lorth• y••r •nded 31 IAwth 2025
4.1.2 Board of Managem•nt
Reading YMCA'S go¥err￿n9 dO￿Thent is Memofarthm and Artlekn of knociabon 2010. Under these. the
Association is admirdster8d by a Board of Management. whose members I￿ are both Directors and Trustees) are
drawn from the ￿der ¢crfnmunity and ￿n9 a COn￿deratIe range ol exp8rienc• and eX￿￿Se lo the admlni$tro1ion of
thè Aggodation. The board opw*es thrOL￿h Its reowlar meetings, and the IKiusing and safeguarding comrnrttee.
4.1.3 Op•rntlofial
v￿Jer the Board of Managem•nt, the strateg￿ mèrwgment erKI th"rectson of the busin888 r8 vested in Ihg Chlef
ExecutNe. Dave Pouhon. Day-trtrday operational H￿51￿9, Support and Facilibes Manggement is Jayne EVa￿on,
G8neral Man8gor. The Parkside Prtrschool is mwged tyAllson B￿nett Human Re80urce8 and fin•nce are 8OLYced
extemally.
Remuneratkjn for th•s• senior roles i8 8èt by a local nalonal benchmarf¢ ol comparable roles. This
banchmarking Pr￿8$ create8 a sd•ry wge and Ihen tha exact remunerailon level i8 set by assés8ing the indfvidual,
P8rfomianco and exwb8nc6.
2 Fundrnl8lng R•gul•llon
Al fundralsing activlty al Rèading YMCA are ca￿le￿ out in 8cCwda￿e with the Fwthai81ng Regulator Cod8 of Practi￿.
Reading YMCA usa no third party JLWler8 for the Purpo￿ ol luthislryJ. all fLTh*4i8ing activit188 arè ¢arri•d out ty
staff and vdunt¢ers.
4.3 Gov•mlnB Docum•nt
The organiution is a chantablo Com￿nY Ilmlted by guarantee, in¢orporated on 8 Dec8mber 2005 and regi8tefed a$ a
hanty wrth the Chanty Commlsslon. The company w86 estat4i8hed under a Memorandum of A580Ciation which
established the objects and pwrs of thè charita￿? company and 1$ gDvemed under its Article5 of Ass¢xiats'on. In Ihe
avent of the company being wound up. mombars are required to conth.bute an amount not ¢x¢8eding £1.
4.4 DlreGtors
Th• direclorn In office during the F4md were 96 lolows..
Mr P &ck, Chair
Mr N Denton
M8 R Wlllan*
Ms G IAeyjes
Ms G W￿leY
4.5 Roerulkn•nt ind Appolnlm*rt ol Tn•*
The directors of Ihg company are al80 chaffty trust••s for It￿ purposes of chartty I￿.
Thè wc*k ofthè ch#rity focuses upon yourwj peo* in need ofsupwl and the trustees seek to en8ur8 that tha86 people
are appropriately represerted through the dversity of Ihe trustoe body. In ryder lo maintain a broad mlx. the existiry
trust￿ are requested lo provide a list of Iheir sk118 and in¢th'vl￿8I$ frcrfn QLrtside are approached to offer themselves
for electlon.
4.8 Trwt•• Indut11on and Trnlnlng
An infomiatlon pac* Is provlded to Intstets. *thich ui¥es infmakn a￿Lrt the tharrty and its rol• vllhin the notlonal
YMCA mov8mwL A copy of the company's Memorandum Artkles and Ihe latest financial ststemenls is also
provided, and rew Truslees we referred to the Ch* Commission's gi*dance ￿0W to be ￿ eff6ctiv¢ Iruslee..
Additionalty. new trustees ara Oncoyraged lo familiarise themselves wilh charity by meeting vlth staff. residents and
communty user groups, by attending a rneeting with Ihe Chair of Tru5te8s and the Chief Executive al which tr
aims and objectives of the tharity *e di$cussgd with a revival ol the fmwKial position. The re8p0nslbl1￿es of
trustees are ajso explalned within this me8ting and a cotty of the Code of Conduct for Trustees 1$ provided on ￿[nIrY4.
Page 4

Reading Y.M.C.A.
Report of the Board of Managen￿l
Iorthe ￿*r+nd￿ 31 2
6 Rlsk Managem•nt
5.1 Introduction
A Rlsk ComrnNt80 m8818¥ery 3 monlhs to id0￿, anty. a8se8B mwitor Top 15 risk$ to ts organlsalion.
Thè Chief Executive reFQrts dirKtty to the Board of Managernent on ri5k# to th8 organlsalion at the bi-monlhty Board of
Management mo8b'ng¥. Tho alms of th* risk manwent proeèm arè."
1. To qui¢kly identify. evaluate and mitigate the effects of 8udden sh)cks and urwdc¢)mè swisés
2. Improved management inlofmationloading to more rrfomed decisron m&king
3. Evldence that the organisation 18 being bffec￿velY managed
4. Ensure that everyone i¥ aware of risk arKI that rlsk manapmènt 1$ thdr rosp￿sIb￿fy
5. Improve skill sots I motivation of staff
8. R￿Ut8 losses ari$ing from workFlace ac¢thnts aThJ ilrfisj
7. Support $trategic planning
8, Achieve cost savings
9. Reassure Intèmal and èxtémal
A Rljk Regi•ter li Ggmpl¢d monitorod and ccffjthins the Top 15 rlsk810 thè or9anlaatton Ind￿lIrtg Rl•k A￿On Plvn8.
5.3 Ma￿1 rl$k8
The lop 3 rf8kg taken from tho Risk R•gthr arKI the controli Cufrenoy In ￿ace to mwe ts rfsk are:
1. L¢yd8 of a key fund?rnun(Ing ¥tre￿n
. key strale9ic priorrty 18 to lessen our d•p•nd•nce on public funds
b. fomalise fundraising strategy
c. Improve suslainabllty of current ¢ommunty proiecls
d. rnainlaining good relationships with Commissionars
. rnalntaln qualrty slandards and Kèy Pèrfomance IrKIKalors
f. form•llse marketing strategy
2. Major health or safely incidenl
a. ensure Health & Safety Poliaes are up lo d818
b. updo1¢ 011 Department Risk Assessments
. sloff refresher couT3es
d. ensure riyk8 ar• insur
3. Board Succession Hannry
a. CEO and Management Board to activity rocruit nTh¥ Boord Members
b. Identlfy 8kThs g4)s
YMCA Reading contwiues to review risks assttSated with Par¥Jemic Disease ba8gd on the latest Govemm¢nt advlce.
Rea(Ang YMCA M￿ntaInS a forni81 Qu• Mryermnt System IQMS),
Thè QMS and Qu4ity Pdicy are regulavty revivwed by Ihe mwmwrtteam urvjer the gTid8nGe oflhe ChielExecuts've
offi￿r. At each annual mwmenl revi￿. ot*es 3nd imFwJvefflents are estaNished and a revlthv of pre¥lous
targets is undertaken.
Page 5

Reading Y.M.C.A.
R•port of th• Board of Manag•mgnt
for the yoar•nded 31 March 2025
P￿p
As already stated, Reading YMCA'S Ser¥￿e mL*Jd 1$ based on higNy-8killed staff, working ￿th higtrwuality sy8tem8
and prtte$ses, and using taHorod, faclitiè5.
The fcvJndatlon of this is the Staff Development aThJ Traning policy wtlch seek8 to enabfe gtsff to..
1. acquire the knovledge skills to enat4e them to perf￿rn effectivdy in I￿r currwrt rdej
2. enhance their p8rfoTmance in their eJJrrènt rdes
3. respond effectivety to the demands placed vpon thgm by lrtemal 8Th1 exlemol chanp dèvèlopment
4. dévelop their careers effecllvety within the AssttialM)n
In meellng theso obj8ctiv•s, ReadiNJ YMCA #eks to W the fc4ltr*ln9 pdNapleg.'
1. that all staff should have a¢￿sS to appropriatè ¢¥l)wluriies for ir4b.al wofe8810n￿ development in thelT lobs, In
aC¢LYdance with th8 Assoctatyon's equal orwtunitie¥ policy
2. that th• tralning and development opportuThtwJ prOvi￿d SI￿￿1 be relevant to thè n8•d8 of staff for their
emF4oymènt Ot the A88ociat¥)n
3. that the training and dgv01owert Opp￿tunItIa8 WOVKled should bo of approwl8te qu411ty
Wthln th• •xl81ing swort Seryice. as a baJdine al staff have exp)erience working th ehlldren and young people, all
have Safèguarding and Some have spe¢lali8ed trainlr4J in area$ such as, d&allng wth ¢*ug #nd alcohol misusa and
$oclal vmrk. In addrtion, all 8taff ￿ cuminuy on wxcla1￿1 CPD prowme• a r8NJo ol rolevanl sublect
areas.
P•n¥lons
As stated In Accounting Pdla8s on pays 17-19 and In Nole 23 on pag& 30 of the accounts, Readlng YMCA
participate8 in the YMCA P•nslon Plan. The company wll m&*e monlhly contriLwtiorffj in respect of its share of thè
d0fiC￿ for the Mxt 8 yèarn.
The YMCA Pen$Son Plan ha$ nthv been ckxed to new member5 and all stsff are enlllled toloSn a conlrlbutory pènsion
Scheme run on ￿hall of Reading YMCA ty the Peoples Pension and Scottlsh Imdows for prtr8xi&ting members.
Reading YMCA conlribules in accordancé with stslutory requirements.
Flnanclal revlew
ReadSng YMCA'S opwatlons demonslrate a consistent perfomancg ovor lirne, dellvenrvJ at breakeven in Ilnè with tho
ch•rftat4e status of thè (￿ganiSatIon. Re¥enL￿ a￿ fOre￿t to stay fairty ftgt in futLn year8 - some docrease may
occur in upcoming ye•rs due lo th￿je$ in Local Govemmènt funding for hou&ng and support.
R•s•r¥•s Pollcy
Reserves are that part of our unrestrfthd fi*)ds that are freety available lo S￿￿1 cn our ch￿table purposes. Rvding
YMCA Beek lo incw8• rfj5erv￿ year on year in order to Ynprove resilierKe. HCh￿ver9fveTh the nature ol oui funding,
generally re$￿tted, there is limiied cwilty for ￿grUfiCWrt aMu81 cash ¢Ontritr￿rt￿7n8 into rnserves. Cash assets are
retained at Ilrnit not below 3 x monlNy ¢w8b'ng cMts.
Reading YMCA own the Freehold at 34 Parkside Road v*there the ddNery ol Prim￿ s¥Nices take place. lthilè
M>mio1ty land assets would be consid8r8d witNn tr* context of reserves. should a sriuation arise where it wa$
nècessary lo access urgent funthng wa would con%der a knan on that freehold lo gel us ttrwough any dffult finandal
period. Sale of land assets 0￿Y b8 conshkne(l in the event oftemird contingency.
Support & Ad¥k•
We were delighted to t• able to negotiate a contract with RBC. covoriMJ the rext ￿ year8. Trls removes the
rtainty of the ye$r-by-year negotiat￿)n. Ihough the resourc￿ have reduced as have the expectatlons of the level
of supporL Staff are b￿rt9 trained in th& newvAy ofwcrfkirKJ. Unde￿lmed ty an amlitsous philosophy. Itwas approved
by RBC September 2024.
Page 6

Reading Y.M.C.A.
Report of the 804rd of Managem•nt
lorthe ￿Ir•nd•d 31 March 2025
Accomm¢datlon
Revenue¥ for the Accomm￿10n seMCO I￿ come from h￿sir¥ b￿effl5 pwd direL* by Reading Borouth CouNyl
to Reading YMCA.
Tralnlng & Educatlon l Oth•r
Parkside Prtrsehool Is Otsled rated 'Good' and 18 a thri￿ng arKI h•¥y Earfy Years Leaming provider for 24 year olds.
Our resld8nts have many training opportunities offered to over the year indu¢fing in hou88 training and external
¢ours85 on a wide variety of both pracbcal skills as VAI as fitness.
R•lat•d Partl
Tho Chief Executive and SOn￿r 81aff maintsin dosè inks wlh Rea￿ng BorcAJgh CO￿￿1 and rnony olhei Intw68lod
parties and community groups to pmwde thè supwt required by yo￿9 people our Wv1￿5.
The 8tsff rnaintain8 dose contact wllh ¢)trw supp￿18￿ tMing provid8r8 in Rèadiry and attend partngrship m•eUng$
rele￿t to respectlve roh8.
In addltion lh• follo*ing OF•ration•l Plan h•¥ been dov•bp•d.
EMP0￿RING YOUNG PEOPLE TO BUILD A STRONGER COMMUNrrY
This plan has b•en dis￿$$4￿ Senior mJnagemerrt ￿ approved by the Board. and s*8 out thè k•y IsBues for 8taff
and board mwnbws overthe nèxt two year8. It ¥hThAd bg road in cor4unction wrth the Oritsinal Strategic plan1202420261.
As agreed by the board this plan will be revithv•d in two years. vA7en we look back to decision lo remain independent,
and tak¢ ¥lock.
Tho kéy priorflies for thls fv￿-yeaI period are..
1. Our work in support and housing is crrticd and generates some 90•h of our funding. We must seok lo
maintain and improvè our standards in this key a￿a. Irb SUPPOrt of that, we seek a closer worklng
relationship with Reading Borough Council and other community partner5.
2. We musl continue to Iwu5 on more pos11ive oulcomes for young people (for example, more NEET moving
into employment and education, and more posilrve moving on by re$iéenlsl. Key lo thi5 will be to continue
lo develop communty programmes wh￿h will help enhanee the lrfe skills, health and well-being of the
young people whom we serve. This will include. but is not limrted to, building on the 8UCC85s of the Cafè,
the Preschool. the Pathvorth Ath'vity Centre and the Sports Cenlre.
3. The CEO and other cdleagues will foster gotsj relatKmship8 wilh networks within the YMCA and the wider
communty. to18aTn more of be51 practiG¢.
4. We will all seek lo maxirrise income and benefits from our ladI￿e8. and to ralse fvrther fvnd8 from
appropriate sources. to grow investment in our core seTVK4S.
5. We will continue to supportthe mentsl health and wel￿being ofourdients arwj slafTr, thelrsafety andwelfare
are key and overr¥Jing priorities for us. Thls wl #)clude an irnproyed programme of staff developm8nt.
The trustees I dlreth have had to giid•rK8 PL*li8hed ty the Charity c￿missiOn on publk beneflt.

Reading Y.M.C.A.
R•port ofthe B￿rd of Managem•nt
eare
Board of M•nag•m•nl's RMpon¥lbllll•s
The Board of Managwnent is respon￿blO fcf th8 preparation of the finandal staternents for eaGh financial yw, whlth
glv8 a tru8 and tsr view of the stste of aff8ir¥ of the company and the group and the Income and èxpèn¢*ture of the
group for that period. In preparing these financFal slat8ments the bowd is required to.'-
• $818d suttabh accoLrting polKies arrtl Ilwi appFy Ilvn con8iStenty
make judgements and estimates th81 Ire reasonable wudent
' state whether applicable accounllng standards hav8 b••n folk)**d, 8uty.ect to any mattriol dèpartures dlJdo8ed and
explain8d in the financi•l stthments
prèpar8 ffin8ncio1 stsleThnts on the gtyng bw's Lrless it Is knappro[￿lts lo presuma that tho group YAII
ontinue on that ba81S.
The Board ol Management ts resp0m1￿8 for malnts1r￿ry propw 8ccountlry records whlch d16c108e ￿th rèasongble
1ccura￿ al any time the flnanual posltoon of the compary and the group to enablè them to ènsure that the ffinandal
ststements comply with the Comp8r4es Ad 20(￿, Financial Reportlry Slarhlard 102 The Financbal Reporting Sland4rd
appllcabla in the UK and Republic of Irelind {FRS 102), the Statement of Rècommended Practice for Soclèl Housing
Provider$ 2018, the Housing and Regeneration Act 2LN)8, the Accounting Direction for p￿vate reglslèred providers of
$oGio1 houjing in England 2019 and comFdy *ith Its c0nsbtu￿On. vtt4ch its 9overThn9 documènt. The board l¥ al
r¢sponsible for saf8gu8rding the assets of thè ¢offlpany ond the group and hence for laklng reasonable st•P8 for the
pr•vènti¢)n and det•ctlM of fraud and ot￿r InB9ul4riti
ststèm•nl •• to dl•clo•urn of Inlorn)atk•n to •udltorn
So far as tho Directors are aware, there 1$ Tr) relevant Infom￿lon ol the charbtable company's and group'8 auditors
aro unaware, and e￿h Oireclor an¢J member of the senior mand9emenl loam have tsken all the 8leps that Ought lo have
been taken to make themselves aware of any relevant audit infonngtion and lo ensure that Ihe company's and group'8
aLKlilors are awarè of that inlormation.
Audltorn
A re¥olutlon lo re-app￿nt Jarn05 Cowper Kreslon as Ihe charltat4e company's and group's auditors wll be proposed al
the forthcoming Board ol Management meetirvJ.
Thi8 report has been prppared in accordaru wllh the provisions of Part 15 of the Companies Act 2006, relating
to 8mo11 enlilie¥.
sign￿ on beham of the 8oerd of
Dat8d'.
Dlract
025

Reading Y.M.C.A.
IndO￿￿ntAIN1to1s. R•portto th• M•m￿rn of RHdlng Y.KCA
for the year ended 31 March 2025
Oplnlon
W8 have audited the financial statwnents of Readkng Y.M.CA {Ihè 'a$8ociatK)n') ft)r the year ended 318t Marth 2025
which compris8 income and expenditure xcourt, balance Sheet. statement of changes in res8rv8s, cash flow
8tatemenl. and notes lo the finorKial statements, induth.ng significant accounting wlioes. The fin￿Cial reportirwJ
framework thal has been ap￿10￿ in their preparation is applicable Lgw and United Kingdom ACCO￿ting Standards,
5ncluding Financi8J Reporting Standard 102 The FinwKld Reporting Siandard appl￿ble in tha UK 8nd Republic of
Ireland (Urlted Kingdom Gener* Accgpt•d Ae£ountl¥J Praetth).
In our oplnlon flnanual statements:
Giv8 8 trLte and fair view olthe state of the C￿parf¥ affalrn as at 31 March 2025 and the Incomé and expgnditwe
for the year than ended,.
Have been kyoporly prepared In acC￿rdanCe ￿ryth Unll8d ￿￿￿00M Generalty Actsptthj Accounting Practice,. and
Have bèan prtyar8d in acc￿dance V•ith tr* fewirements of thg Compari•s Act 2006. the Housing and
Regenerafjon Act 2008 arnl the Accountl￿ tlrection for prlvate r8gi8ter8d providers Lrf 8oGial housing in England
2022.
Ba￿$ for oplnlon
We conducted our audrt In accordancè Internat￿￿ Stsnd•rds on Athlltlng (UK) IISA8 (UK)) and Appliuble law.
Our re$pon8ibilrties under those stsnd¥ds are furttr*r desuibed in the wdit¢Y responsibilities for tt)e audrt of the
fin8ncial statements seth'on of our réport. We are indepondent of the asBociation In accordanc• wth the ethical
requirements that arè relevant to ¢)ur audit of the ffinart481 stslements in thg UK, Including the FRC'S Ethical Standard,
and we have fuffilled our other ethlc81 respon#1￿.1￿1.0& in accordance W*ilh th880 rewirementj. We believe that the aud
evldence we havt obtwn•d 1$ sufficiont and apprcyiale lo provide a b8s1s for our op'nion.
Con¢lu•l0￿ r•latlng 10 golng concern
In audlting the flnanclal slalemenls. we have Conclud￿ thal the Board of Management'$ ￿ of th• golrwJ concem ba818
of accounting in the prepaTab"on ol the financial $talemenls 18 8Fpropriale.
8osed on Ihe ￿+￿rk have perfomed, wè ha¥• not Identified any material uncertèinlies relating to events or condllions
that, individually or colkntively. may cast signrfi￿nI doubl on Ihe company'5 ability lo continue as 8 going con¢&m for
a periad ol at least ts¥elve months from when the financia statements are authorised for issuè.
Our re$ponsibilltle8 and the reSp￿SIbIlbo$ ofthè Bo•rd of MaMgemert ￿lIh respectto su)irwJ ￿ncern are described In
tho r8lavanl sactions of thls report.
Othor lrforniatlon
The other infom)ation comprises the informal￿ I￿￿deli annual rèport4. (ther lh￿ the financial statements and
our auditol8 report thereon. The director5 8r8 responsib￿ for other infomialfion contsined within the annual report4.
Our oplnlon on the financial 8tatemenl# doos not cc¥ver Ihe other InfomatTron WKI, except to the extent otherwise
gxplicltsy stated in our report. we do not èxpre55 ony fotm of as$Lra7ce ￿ndUs1O￿ Iherecffl. Our rosponslbS1ity is lo read
th8 other information aNI. in doing so, c0nsidervh￿ther￿ otr*r inlomalion 18 materially Inconsistentwith the financial
ststements or our knO￿edge obtained in the c4Jursa of the aui*t, (ff olherv*i8e apwrs to bè materlalty misstated. Ifwa
identify s￿h matefial Inconsistencies or apparènt material mi551atements, we are required to deterrnine whethgr this
gives rise to a mat•ri* mis8lalement fmancial statements themselves. If. based on the wiwk we have p8rfomi•d.
we conclud• th#i there is a material missL*mnl (rfthis ollw infcKmatbn, are requlred to report that fact
We have nothing to report in this r•gwd.
Pa9è 9

Reading Y.M.C.A.
I￿•Pond•n1 Aud1￿, R•port ttsthe IAernborn of RMdlng Y.ILCA.
Oplnlon on oth•r matters prvd¢th•d by tho CompAnt•s Act 2fA)6
In tyjr opin￿. based on the wort urklertakon ￿ th• ￿r$e offv
the infO￿a￿.0n given in the Board ofmanagements, rer<¥tfor the financil yearfor %tKh fmnd81
ststsments are prepared 18 conslst•nl thE financial statsments. and
the Board ofManag6n*nts' report has been in wdh 4Flicabl• ltyal Tr]uiremÈnts.
M•tter¥ on whkh w• •r• r•qutnd to r•port by •xc•pl
lft Iwjhl ofthe knovA8dp and ur#Y•rstsrrflr& Of￿ cryany arKI en¥nnnwnl otl•kned kn the
coun8 ol the I￿jrt. we ha￿ not thnthl any mats￿1 rnMtst￿￿nts li the Board ol Managefr*nts' rnpDrL
have nolhlThJ lo report in Thpedoltr* lolrMThJ mthrs *1 r8111K￿ kn *thich the 2LTh requlre8
u$ lo rwrt lo yw rf, in our opinion..
adequate 8¢counts"ng r8COTd8 have not been ktyl.. or
• retums adequate lur our audit hava not t￿n recewl ftom branclw not by UJ,. or
flnanual stalernents are nol in agme￿￿nI ￿th th8 accountrg rerthds and re￿mi.. or
certaln éisdosums ofdirèctors, rwnunerntiM 8PK4fi￿j ty kqw 8rg not m8d8', LV
• ￿ havg not re￿￿d 411 th• knfomial*>n and expkgnatiorA ￿ rtrwlre for our I￿.. (
the Board of Man8gernenl werv not onbded to take a(fvantag8 of the 8rnall ￿l￿n￿$, èxenytion fr¢yn
the mquirem•nl to pfeparè a Str•ttyK Rwrt or in prnpw tho Bogrd of MonageThnf• report.
In additign, wo have n¢thing lo rep¢rt kn r•sK*d of l(knry rnatswhere IM Houslr4 And R•pnornlion Act
f￿uIreS ui lo rvport to you I, in ouropinl)n'.
a 88tt61a¢tory $y$twn ofeorrtrol owr traMacOoff& h# Tr)t moYrtair*d ty tr* cowwny.
R•ipon•lbllltlws of th• Board ol Man•genY4nl
As explained morn lulty in Ihe Bo•rd of M4nag•n*nt's sts1¢Th￿n¢ sel oulon page 8, the Board of
Manage￿nI are rt8ponsible for the preparat￿)n of the finarti￿ 818tem8nts Ind lor ￿lThJ sats'sfied that gwe
true and lair V￿￿, and lor such intEmal conlrd a¥ the Board ol Managemenl dete￿1￿ Is necessary to engbbg
the p￿para￿On ol financial ststements th81 ore Iree Irom materid misstskments whether due lo fravd oi error.
In prèparing thè fin8ndal stst•rrnnts, the Board of kl•nagvm8nt 4r¢ rewn8lbl8 for M8e68ing the compan1$ abllty lo c¢ntinu• as
going concem, disdcBing, o¥ 8pplicablo. m•ttern related lo goiNJ
con￿r￿ and uslng the going ba$L8 of 8¢countrng Un￿ the Board ofmanagemenl emher kntend to
Iv4uidil• compwy orto Ce8￿ 0￿￿￿$, or ha￿ w realth"¢ alemativo but to do ￿.
Audftm, rnspomlbllltkn for th• •utht ofth• flnIne￿I stst•m•nl¥
Our obje¢trves are to obtaln reasonable ouwance abo￿ thè fina￿1￿1 stslemer)ts a8 a whole are free from
m•lerio1 mi8Statemenl, vtt*lher due to frwd or error, arKI to igsue an A￿litOrS. report that includes our opinion.
Reawnablg assurance is 8 high level of asswarKe. bLrt 18 a guarantee that an audrt conductod In occordancè wlth
ISA8 {UKI ah¥ays detect a material mis5tatemenl it exbsts. Mi65tatements can 8ri58 from traud or error and
are consld8red materia rf, iThlrildualy or in the aggregats, they could reason8bly b8 èxpected to infiuenc& the
economk deri￿on5 of user¥ taken Ll) the basil ofthèsè fin*Ki•l Jtatemenl8.
Because of the inhèrent liThwbti0￿ of an audil. there 18 a risk that w& *ill rnt d•t•¢t all Irre9￿artbaS. indlrding th089
18oding lo a malerfal misslatemerrt in the financ4al ststemerrts or nortrcLvnpliance wth regulation. ThL8 risk increas85
the more that compliancewth a IwNor regulabon is removedfrom the events aThJ transactions reflected in the fina￿la1
$tatements, as we VAI be Ikety to b•come ware of instwKes of 1￿c[￿1bpl18nce.
Th6 rtsk is alxi grealer regardlng irre9￿arlIleS (￿C￿1n9 due to fraud rnlhèr than error. a5 fraud
in¥0￿e$ Intenti￿1* Concealm￿t, forgery. cL4won. OmissiL￿ iy misrepre8entatiNL
Page10

Reading Y.M.C.A.
knd•
nd•ntAudltorn' R
to th• Mombws of Readln
Y.ILCA
The spedffc prctaduw for ttus enga￿1￿1 ttwt VR d8sigr*d and pthned to detect maleTial misstatements in
respect ol irregulorthe8. Ind￿11ng frwd, ￿le as fdkA¥s'.
Enquiry ofmanagement and tha[￿d vthh govern￿ wound actLo1 wd potential litlgation ar￿ c1￿M5.
Enquiry ol management and those charg8d vthh gpvemm to identsfy any malerlal instances of non.
compliance with laws and regulations;
Reviewng ffinancia statem6rt di5doswM and testing to 8i¥wbng docu￿tatIOn to a8se$8 compliance YAth
applicable laws and regulati￿5,.
Perfoming audbt to ad(tres8 ts rlsk of Irre￿larItI8s du• to man8g8ment override of controls, Indudlng
lesllng of joumal entngs and other adjustments for appropriatèness. evaluab'ng tha business rationalè of
slgnfficant Iransths I)UtsK￿ rthnal oxne of t•Air*8s 8rKA revi**ing accountsng e8tlmatès lor
èvidence of biti$.
Afurtherd08crlptlon olour r8￿￿11Y11l1el forthe a￿lit01 financkql slatement818 Ictat•d on the Financial Reportbng
Councll'8 w*b8he at.. wth¥.frc.org.LWwJditor8re8pon¥ibilths. Thbs d&6criptlon fonns part of ow Auditorfs report.
U¥• olour rnport
Thls report 18 mad? Jd•ty to the ¢ompanl¥ rnemborn, •s a body. In *￿dInce with Chapter 3 of PpJ1 16 of
the Companle8 Act 2008 and section 137 01 the Housing and R•generation Act 2008. Our audit work has been
undort8ken 80 that we mlghl $18te to the cornpanY8 membèrs those mattor8 wa aro re¢wlred to stslè to Ih?m in an
Auditor#' report and for no other purpose. To the lullest extent permitted by law, we do not accept or assume
re8pon8Ibility lo anyonè oth•r than company and the company's members 88 a body, for our al￿11 wTr*, for Ihl8
report, or for the opinions we hava forrned.
Pe
Alexander Pèal BSclHon51 FCA DChA ISenKJi Stslutory AudNorl
For and on behall ol
James CNper Krèalon Audil
ststutory Auditor and Cha￿red Acwjntants
Groenham Busineu P
2 CornMun￿ItiQnl Roed
Newbury
RG19 &4B
16 D￿mber 2025
Date............
Page11

Reading Y.M.C.A.
Incom• •nd •xpendlluv• atcovnt
for th• ￿*T •nd•d 31 March 2025
Y••r ondod
31 Varch
2026
Y••r ended
31 March
2024
Turnov•r
1,104927
1.121,621
Opernlng ¢osts
11,0S7,0731
(1.014,8971
Op•r•tSw surplu•
37.804
106.924
IMere8t roc•ivabl•
1,105
1,447
Surplus for the year
39,659
108.371
Totsl compr•h•nsh• In¢m for th• y••r
39,669
108,371
All amount5 reLqte to continLlng ac￿￿.
Inujrne e￿dI￿re a￿￿nt indth all r•wrls•J i) iIK• JBJr.
The note8 on pages 17to 301onn part ofllMo finanda sthten￿nts
Pa9è 12

Reading Y.M.C.A
Bahn¢• Sheet
•t31 Ilvch 2026
31 lu¢h 2025
31 2D24
Flx•d •suts
Tangible ass•ls
Hostel buildirvjs
Other tangibb assets
12
13
1320.111
696,076
2,387.444
717.992
3,018,187
3,105,436
Current •ss•ts
D6btor#
Cash at bank in har
15
49.006
406.$92
42.503
381,637
454.597
424,140
Crodltorj: amounts lalllng du•
wlthln on• y•ar
18
133,594)
{67,5601
421,ODJ
356,580
Not current ass•ts
Totsl 481•ts lesi cuTr•nl IliblW•s
3.437,190
3,462,016
Cr•dllors: amounts falung du•
•ftor moT• than on• y•
17
11.924.326)
{1,980,0581
D•llned bon•fft p•nsSon Ilablllty
23
(34,749)
143.5021
N•t asuts
1871,116
1,438,456
RKeThies
Accumulated fvnd
Re8tri¢ted fijnds
Deslgnthl funds
18
19
20
731M12
406.824
339A79
875,434
422.144
340,878
1A78,115
1.438,456
P*Je13

Reading Y.M.CA
Balanc• She•t IContlnu•d)
al 31 #0￿h 2025
Signed on behalf of the Board of Ma
Dick
Dale.. 12 December 202
Th8 r￿ on paw 1710 30
Page 14

Reading Y.M.C.A.
lorth• y•arended J1 lknh 2125
AcGumulat•d R•strkl•d D•slgnat•d
nd
fund
fund
Tt)tsl
At 1 Aprll 2023
067,124
42l175
1,330.086
Total comwehenslve
incomo for the yew
Tr•n8fer8 from
restricted lurKIs
Translers to
d85ign81od funds
108,371
6.031
108,371
(8.031}
{6.092)
6,092
At 31 Matth 1024 Ind
1 Aprll 2024
675M34
421144
340,878
1,438AH
Totsl cornpr•h8n8lve
(loss￿nCorne for tho
year
Tranafers from
de81gn8led funds
54,979
(15.3201
39,659
1,399
11.3991
At 31 March 2026
731.812
4D6,824
339,479
1,478,116
The notu on po9&8 17 to 301m part olthese finanaal slatwnenis
Pap 15

Reading Y.M.C.A.
for th• year Ind￿ 31 I1•￿h 2025
2026
2024
Cash flow from op•r•tlng a¢llvltl•s l$M below)
25,003
137,981
Cash IkNI Irom Invesllng *¢tfvltl
Payments to acqLire fixed assets
534
Cash fl¢)w tknm flnanclng •ctl¥ltl•s
l_oan repayments
(9,6381
N•t Incr¢•s• In cmh Ind Cuh •qulv•l•nts
21986
127,809
C•8h and cash •quJval•nts brought lonnrd
381,637
253,828
Cuh and cash equlval•nts urf•d for¥A
406,693
381,837
C48h and GaSh •qulvalents con8i¥ts of:
Cash al bank and In hand
405,593
381.637
Reconallalion oflkn88y8urp1￿ for the yearto rash from opetab'ng aCtI￿ti
ILoJsllsurplu8 lor the year
Doprgdats'on ol fixed a68el•
Releas• of gronl credrtor
Decreastllincreasel in debtorn
In¢roas•ldecrea801 In credit
Incre88elldècr••sel in defimd b¢n•fft penstcffi
N•t cuh from op•r•llng •GllvlllM
39,659
90,296
108,371
92,604
(66,7321
16,6011
133.9161
155,7321
28,744
10.348
25,003
137.981
Page 16

Reading Y.M.C.A.
Notss formtny pthof th• fimnew $t•teffl•nts
for tho yearerykd 31 2025
1 General Inforniatlon
Reodiry Y.M.CA is • registered thaiity, fAxrpany Imit•a by guarantee and rryistered pmwder the
Homes and CommuThty AgerKy, inc¢xp¢rated in EnglaTrJ and Wakrys. The chanty'8 reg18tered office and
prinap81 pl￿ of bUs1r￿ i8 disclos￿ infr¥mth pago at tho fre￿1 oflhe financi￿ itatèmèrts.
Th6 prinwgl ol Ihe Cha￿ ts lo assffjl local tAxrMnunty arKI tsansforn the INeJ ofyoung people.
2 Atctyjntlng pollcl•A
AccounJng conven
The oGMunts have been prepar•d in accordanee with w41cat48 #ccounling Standards Includlng Finandal
ReporfNJ Stsndard 102 Tho Financial Rep¢rtin9 Stsndard applic4bkn in lh8 UK and RepuNic Df IreIar￿ IFRS
1021, the Statémènt of Roconynended PraciKè for Soci81 HoLLsing Prwdors 2018 8nd Iwlh tho Accounting
Direclon for private rtgislered W1)v￿a￿ of soual ho￿l￿d in 2022. 8c¢ounts 4r• py8red in
4cCordan￿ with the hi81Drical co81 ba81s of accoLfftt"NJ.
Thè company constitute& a pubk t•noft ently ai defft￿d by FRS 102.
Functional andpro￿nI8tr￿ wfferrty
Thè Comp$nl$fvnct¥)nal and prewnlabcnal wThency * GBP. rourylfjd lo the nearest pour￿.
Comp8ny8lalus
Tha comp8ny Is kn)ited by guargnt••. Thè mèmb¢0 ofthe crmnpany are directors. In the event oflhe
conyany being wtyJr¥J up. the knabillty kn re$p8Ct ol th8 guaranlee r4 &mited 10 £1 per mèmter.
Go￿9 conc8m
The Board of Managett￿l hAVe consijered finarKaal posknn ol the company and. based on financial
Iof•c8th, consider the going ¢L￿C•M I￿rI to be 4)pN)pn*.
Fggs roc8Nable
Feel recAivable for thè ptoviion of acco￿￿thI￿ ar#J related amenil*s. fees and grants Ifom k)G
aulhoth 8nd the Tenant Semces ￿ {fom*rty the H(w￿r¥j Cup)rnlh)nl arn acMunt8d for in the
period to whKh they rg111•.
Inveslments
Investments ￿ gYOUP uTrJertakings are stated atc6sL pro¥￿tOr dwninulion In value.
Page 17

Reading Y.M.C.A.
Motrl form1￿9 part ofth• fimnclal ststrments
f¢)r th• y•ar 31 March 2025 IC¢Jntknu•d)
Accounllng pollcles (Confin￿d)
Depreciabon of fved aS￿S
Tongiblg assets are Bts18d at C051 ￿$S accumuLated depreuation. Depreuab'on prO￿d•d ¢M all
tsroible fixed assets so as to off anlh¥•knY Lmeftl Irrfs foll¢y•Ang annual rates
¢n a $tralgh14ine basi6'.
Frqehold bulldi
General equiprnenl
Motor vehides
Furniturè eqiupment
2% pèr 8MUm
12.5% per annL
25% per
125% per enThJm
The carrylrKJ value8 oftsn9iblo 8ssets are rebryvA*d for Nryairment in peric#Js Ilevants or changes in
cir¢urnstanw indlcal• the ￿rryIng valw nk8y not be rec•wrabkn.
Debtors
Trade and Dther debtors are rect>anknd atthe s•llknnl amount after any tratk dixouNI offernd.
Prepayments are recogrNsed al the amount wepaid any discount offwed.
Cr8dth 9ndpro￿lonS
Credltors and Pro￿810n5 are rettgnis&J whèr• Ihe ￿rnpanY hJs 8 prn6enl ￿)￿ation r•suliwg frorn a past
event that will WDbabty in the transfer ol funds to 8 third paty and the p4nount due to satue the
Obligation can be measured or eslimate(I r81iabty. Credrtors wowsb)ns are nomally We￿19n1$¢d at their
8oWerneni amount arter auowing for any trade discounts d￿.
Cash 81 bank Ivnd in hand
Cash al bank and in hand indude$ ￿$h and short term h￿ahlY Iv4UKS investh*nts wth a short rnaturtty ol
Ihrne Mont￿ or frun the dalo olacqurirfl)n or cpniffj of the d¢po$rtor8mik9r4cLount.
grnnl (SHG) and LtrcoWgwls
The SHG and the grant receNed from Offic• ofthe Dgputy Prirrn Mvist•r IOt)PMI are capw grants
rec*ived trmfjrds the rml otacquMThJ ardor bu￿1r￿ *dd*onal propeitm.
The SHG li repayable ¥bJefinrtety unleu fomi4y ab•ted orwafv&l il Gan bg recycled followng
c•rt•in relevant 8vents.
Caytsl gyants are reo)giwsod w a liab*ty ar￿ anYA11￿d obw the u80IJl econrynic Ifo ofth• wlated assèt
Restsicted funds
Restricted funds, whose use is 5p8crfied by Iha donor, arè credrted to irKc¥ne in the year in which they are
receNed. Where amounts are not ¥peciThcaly ¥gainsl expènditure in that wr, the bdance is
ferred and &lded to the ball￿ br¢ughlforwwd Trstthd fund to be used in fuluR yea￿.
Pag&18

Reading Y.M.C.A.
Notes forniln9 Part ofth• fin•rKlal Ststsments
for th• ymf ended 31 IAar¢h 2025 Iconlknwdl
Accounlng pol1cl￿ (conthiuedj
Donalion8, b•qu￿tS and (Ilhgrrncewts
Lknn8knn5 aTrJ beq￿ are acOWn￿ for on a ie¢wts bmn.
Income eamed fmm d8sffgn&tedfvnds
Inm eJrned fr￿n de8ignalod furth is cndned to ts ac¢umulated and is availabb lorynoTal usè.
De8ignaled funds
tkBignatthl funds ar• fuThJ8 for porf[r￿lI[ use ty tho diredorn.
The cornpany lunth to o rnai￿ r•paIr￿nd to eo¥qrluturn major r•pwr eypenditUTe on howing
prO￿r￿eN.
PonSk￿ eosts
Rèading Y.M.C.A. participated in o nwJ1b.we￿WoYfrr defined benefil ￿n8￿)n Flan foi employ•fr8 of YMCAS In
Engl4nd, Scolland and Wares, which was dosed to new membef8 and accNals on 30 th'12007. Due lo
insuffici¢nl inlonnabon. the pian i actuary 8dvvJ•d that rt Is nel F4)SSlt4e lo 5oparatdy hlenlify the ass8ts
and li8bllrties rnlaling lo Readin9 Y.M.C.A.
As descrfbed In note 23, Re&Jing Y.M.C.A. h88 a contract￿1 ¢*ligathon lo mak• penilon dèfial payment8
over the Feriod lo 202712024.. 20271. ¥)xrtlingty is shown •$ • 18blity in Iheie arx0￿th.
Reading Y.M.C.k also Cont￿ule8 lo a stak8h&Jèr FensM sthme erryh)yees. Contr￿UttonS 10 th
scheme are char9ed to tho incom eJyndilyr• ￿￿1 In the year in wh￿h becom poyable.
The assets of Ihe scheme ave held separa*tyfmm those of IheAssocth' n in an indepen(SenUy administered
fund.
Judg•m•nts In •pptylng •¢¢ounthg polclm •Trd kny ¥owces o1•stkTh•Jon ￿￿•￿Il￿ty
The weparation of Ih8 finandal ¥tatemeTrts requires the board lo make judgements. 6stimate$ tynd
assumptr)n8 that affect the amounts r8POrt8d for ass•ts aTrJ liabilities •s 8t the balance sheet data and
•mounts report•d for income 8nd eyn5eo during year. However, Iho natur• of &stim8Jon M￿n$ trot
actual outCc￿5 coukl differ from thosè estimates. The 10kn￿n9 judg￿nts gfjd estwnale3 havo had th8
moot *gnnleAnt effed on amwnls re¢¢griud in the fmarKsal 8t8*ments.
Tanglbl• Ilxod
Tanglble fixed auets are depr8uatsd th8ir taking th account reg*Jual vahjes. whero
¥)prowiate. The INe8 ofthe assets and ru¥Jual may vary on a number olfactNs.
Allocltlon of •xp•ndtur•
there exp8nditur• Is not directy altribLrtable to aclmty categories, costs ar8 apportioned based (m an
85tim8te ol the time 9penl ￿ èach 8dNity or by referen￿ b) the proporbon ofrosourc4s utiliwj.
Page 19

Reading Y.M.C.A.
Not￿ f￿nth9 part ofth• financ1￿ 5tslem•nts
for1h• y•ar •nd•d 31 IA•rch 2025 ICDntknuwdl
4 Tumov•r. op•rntlrq costs and sur￿{d•1￿11)
Y••r•ndod 31 M1￿h 2025
Operntlng
Tr•nsfvr¥
$urplusl b•twMn
(dèllc
funds
Net
surplu81
{deficltl
Owrntlng
¢￿1$
Turn0￿r
Income
and Èxpendrtw
from houslng
786,210
(T4714)
67N96
57,496
Communty
279,023
1300,139}
121.118)
121,116)
Sèa Scou
and W¢otss centro
39,894
138,2201
1h74
1N74
T*>t•l
11,067,073)
37,804
37,864
Year •nd•d 31 IA•rth 2024
Oyrnllng
surplusl
Ideflcbll
Tr•n8fern
betwe•n
fund5
N•t
surplusl
Idoflcltl
Oyratlng
osts
Nole
Turnover
Income
and expenditure
from housing
781,394
1626.912)
134,482
134,482
Community
323.685
1343.8081
(19,923)
{19,923)
Sea Scouts
and Wnycotes centre
144.177)
(7,6351
17.6351
Tot•1
Tumover k8 *tholy attrknthkg to thè aLlr¥#M oftr* YMCA aNI arisos sdety frcffl within th8 Unitt4J
Klngdom.
P4e 20

Reading Y.M.C.A.
Notss lonnlng part oftho firnnGl•l sl•kn*nts
forth• •ndod 31 M•r¢h 2026 IContlnu•dl
Partl¢uhn of In¢omo and •xp•ndltsr• Irom h04Mlng xthiti
YMr•nd•d
31 Il•r¢h
2025
Y•v end•d
31 March
2025
Y￿r end•d
31 Mirch
2024
Y•ir ended
31 Mirth
2024
In¢om• from lettln
Rent receNiabb not of kkntifiatle
le￿rA charges
SeNice chafges recelv4ble
508,032
461.053
33,987
Gro•• rents r•c•lv•bl•
558,632
495.040
VO￿10$181
(57,091>
Il•t rtnts M¢olvabl•
615.123
437,949
Supporting pec$48 qr8nt
271,087
269.250
271,087
269,250
Don81ion6 and 9rants rec•iv8d
54.195
Totsl In¢om• Ir•m l•llln
788,210
781.394
Exp•ndltur• on ho￿1￿8 aetlvfll
Managemènl eypenses and 5t8ff c(4ts
Routine maintenar
Ho8181 dtrprwation
Other dired eYTrJi￿r•
Sinking f
494.470
91411
67W3
74500
460,130
66,215
12,125
80,850
7.592
Tolal •xp•ndltur• on houslng •cIMU•B
C128.7141
(628,9121
Operallng surplus on
ttlng athS11
134,482
Ptye 21

Reading Y.M.CA.
Hotrs fomkng p•rl alth• 4tstsm•nts
for th• y•ar •nd•d 31 Muth 2025 {c￿lIn￿￿)
Cornmunlty
Ye•r•nd•d
31 March
2026
Y•ir end•d
31 Mirch
2025
Y•ar •nd•d
31 IAarch
2024
Y•ar ended
31 Plarch
2024
Inc(
Inecry from actiwlie8
Grants & donatlon$
ExtèmJl ￿ttIng1
137￿17
10<136
37.871
127,048
154.500
42,137
279,023
323,885
Expondlt
man￿Ment e>pen8tt and slaff c
Other direct CNIS
123,618
176￿21
123,718
219,890
{300,1391
{343,6081
Deflclt on Comrnunlty
121,1161
119,9231
S•• S¢outs and Whycvt•i c•ntr•
Y•ar •nd•d
31 M•rc
2021
Y••r gnd•d
31 ltsrch
2024
Incijrne
39,694
36,542
ExperKliture
138.2201
(44.1771
Surpluslld•lklt) on S•• S¢oul* W￿why¢0t•l centr•
1,474
(7,6351
The Inccffle afvj wondilw •bo¥e Te5th Iltt*varvJs sethorA tr￿r$L* arl￿nts, Pl￿ Ihe Group
Accounts ofthe 1 Re8dThJ YMCA Sea Group.
Pap 22

Reading Y.M.CA.
Notrs fonnlng part ofth• hln•n¢thl ststsmonts
forthe y¢•r end¢d 31 ltsrch 2025 {Conlknu•dl
Surplui on ordlniry •dvld•s
Y￿r end•d
31 Ilarch
2026
Y•ar •ndod
31 M•r¢h
2024
The Idefiiity5uWs on ordinary acb¥it*s 1$ 8laled aft•r tharyi¥J.'
AudrtOTS' remunerntl¢)n
DepreuJtsn offixed asséts
9,600
9.100
90.296
92,804
Dlr•¢torn' •molum•rrt•
dk•ctorn •rn defimd al the Board ofmwemrt thè CIMof Executr48 ar•J any olhor
rson reportlng dY8¢Yy to the Chiof Exe¢ubi&* or th'• lo th• Board ￿08e totsl •molurnents exceed
£60.000 per year. Th• Bo•rd reCe￿d no émolmbents •nd therg wern no 6mpb￿al wfrosè total 8moluments
exce&aed £80,CU) in fjrt￿r h cwrenl year CK priory6ar.
1fj Stsff
Y••r ended
31 March
2025
Y•ir •nd•d
31 ￿r¢h
2024
Staff c¢$ts indude tho follthwNJ'.
Wages and sal8ri
Social security costs
Oiher pension ¢o$ts
463,407
37.829
12.626
436,997
35.067
10,983
The average monthly numter ofpernons empw by theknou')JDn durkn9 th6 y•ar exprvslod ai fu￿time
equival•nts w48 a8 T￿￿¥3..
Y•ir •nd•d
31 March
2026
Numbor
Y•ar •ndod
31 M•r¢h
2024
Numb•r
Care
Adminlslrntion
17
Durfng the yeareynws of£nl12024- £nl wern to m*thr5 ofts Boatd of Man8gemenL
No Fenslon8 wem pakl to any cu￿•￿1 or fomier membw5 (lthe Board ofMan•gemenl during the cvrrenl year
or priory9ar. Pen&on r*)nln"butwJns of £1.58212024.' £1.371} paNJ on beha￿01 lh6 Chkfjl Executive this year.
Key rnanagernenl pewnnel of the company c¢ryiises ofthg Board 0fmanage￿I togethèr with the Chief
Execthè, General Manager arvj 8ookngs aTrJ Pthini%trabon M8na9er8r#J Prtrsthool mgngger. Thg total
•mpbymenl b8nefiL%, irKluding employer pensNJn 8rHI nat￿nal inSUTanc• contr*uL#)n& of the key managèment
ppTronnel were £1n,202(￿24.. È130,803).
Page 23

Reading Y.M.CA.
Note• fornilng mofthe fin•nd•l st•tsm•nts
forth• y•ar•ndod 31 IAuch 2025 Iconthuèdl
11 Tax on surp￿ on ordln•ry acllvllles
In ol the ABSQU'alM'5 chant*>fe stat￿% ￿ kblty b UK cwatKrfi tsx arw on any surpkts for tho
year12024- £nlll.
12 Tanglbh fixed •ss¢ts- Hostsl ￿ldIN
Company
Colt
Al l 2024
3.375.465
At 31 March 2025
3.375,465
Deprec￿tion
Al 1 April 2024
Charye f¢r Il* yfrar
988,021
67.333
Al 31 Match 2025
1,055,354
Nel book value
Al 31 March 2025
2,320,111
At 31 March 2024
2,387.4144
Page 24

Reading Y.M.CA.
Notss lomlng ￿01th¢ flnind•l stat•m•nts
lorth• y•ar•nd•d 31 Muth 2025 {Con11n￿dI
13 Tingble fixed a8Mts- Oth
Frn•hold
bulldlngs
General
•qulpmwn¢
Padworth
Cabln
At1 Nprfl 2024
Addttsons
Disposa15
315,448
38,399
1.047
372,767
At 31 March 2025
315,H6
39.446
372,787
Deprn¢lal*
Al 1 Pwl 2024
Charge foryear
Disp￿$
158,978
8,309
38.399
159
79,223
8,746
Al 31 March 2025
163,285
38.558
85,969
Nelbook vglue
At 31 March 2Q25
152.161
286.798
Ai 31 M8r¢h 2024
158,470
293,544
Furnlluve
•quipffl•nt
Scouts
Whycoie8 C•ntr•
At 1 April 2024
Addition8
SP08als
34,789
349,286
1,110.667
1,047
Al 31 March 2Q25
34.769
349286
Dgpwialion
At 1 2024
Charge foryear
Disposals
26,790
2.763
91.287
6.986
392.676
21963
29,553
98273
416,638
At 31 March 2025
Netbook vah
31 M8rc* 2025
896,076
At 31 Marth 2024
717.992
Pa9p 25

Reading Y.M.CA.
Notss forn￿n9 part ofth• Ilmnthl stAtsnwnts
for th• ￿*r*nded 31 Mar¢h 2026 (Conl1n￿dI
14 Flx•d as$•t Inv•stm•nts
Company
Shares In
group
und•rt*klngs
At l April 2024 and 31 Marth 2025
15 Dobtors
2026
2024
Othor debtors
PrepaY￿￿ts und accvued inco
41,338
7,669
7,289
35,214
49.006
42.503
16 Credltors: 4mounts falling due wllhln ¢n• yur
2026
2024
Tr•dci ¢r•drtrws
TaxalioTr and 8o¢Aal 6ecunty co
Accruals ar￿ deferr•J
8.189
14,905
10,600
24,915
10.970
31.675
33,694
67,560
Pap 26

Reading Y.M.CA.
Not•s fornilng pth of th• fln•ncl•l stst•ments
forthe y￿r ended 31 March 2025 Iconllnwdl
17 Crgdltorn: amounts 14llng du• •ftsr mor• th•n y•ar
2026
2024
(>ants
1,924,328
1,980,058
1,924,326
1,980,058
18 Re40Th
AccumulAi•d
Fund
At1 April 2024
Surplu5 for the year
Transfer8 frLNn de$qnaied fvndl
675.434
54.979
1,399
At 31 Morch 2026
731,812
Page 27

Reading Y.M.C.A.
XotK fonThlng of th• Ilnanclal st•kn•nts
for th• Y￿rèndId 31 ￿r¢h 2026 Icontlnuedl
19 R•sem8- R••trlcted fundi
Nurn•ry Fund
SYMCA Fund
J Hought
Workshop Fund Wl8on Fund
At 1 April 2024
Income
Expen¥es
Depreeiab¢)n
21,444
165,000
2.221
4,352
20,000
{1,$881
At Jl Ilarch 2026
15￿56
166,000
2,221
4,362
20.000
S¢outs
C•ntr• Fund
P•thworth Fund
Tot•1
Ch•rly Gr•rt
At l April 2024
Income
Expenses
Depreclation
115.405
93,722
422,144
40,334
{40,334
(15,3201
40.334
(40,3341
(6.986)
16.746)
At 31 Mlrch 2028
108.419
86,976
406,824
Mr J Hcu9hton Award18 to be Ml in rnspect ofyoung peo￿* work.
SYMCA-Ihe fund represenls fund8 donat•J lor the puw ol estat4shing 4 spegfic play Sc￿Me.
SMuts thycotsl Cqntro fvnd rnprelents lunds domltd tr*•rdb Ihe ofthe boat1*￿0. Thè txiathou8• now bg•n
bull io the depreaation b¢ offul eath yw •Jatst tr*1W￿.
The Padworth ftmd mF¢¢i oflhe reb￿j Patrwylh ¢*ii.
Nutwylund h in reiF•dof lh• Oltr￿ nun•ry.
The Ktthihop fvnd ￿ to pm¥lde leaThdTrJ for youw pyknwdhwi the
Th• ￿lOn fund ki to PfDVKle knds in rwpfjcl ofyw pe(*'s w
The Eart8y Chanty Grant fv￿J was re￿Ned yoarlortr• spwts certh roofpro￿. TIMI p￿i.eCt clo8el F4[ma￿nty
a8 al th& morw ￿ BFontand work
Pag• 28

Reading Y.M.CA.
Notss Itwmlng ofth• fln•ncl•l ststern•nts
for the yOAr ended 31 March 2025 Iconlinwll
20 ReMN•s- Dtslgnated lunds
Mr M Brown
Fund
R•*kknW IAaloT r•plr
Fund
Fund
R••ld•nts
Fund
Cov1&19
F￿d
Al 1 Apn'l 2024
Incomè
Exp8n8e8
Transfer
85.804
20,499
207,087
8.550
1.399
11,399)
Al 31 Mirch 2026
86,804
207,087
8,650
Ilurwy
Fund
YMCA
Fund
Total
Fund
At 1 AP￿ 2024
Income
Expenses
3,297
4.418
9,824
340,878
(1,3991
At 31 MITch 2026
3.297
4,411
9,824
339.479
The Mr M Bruwn fvnd L8 in r¢sp8d of(kJnations to be used kn woth wlth young peoe.
A service charge 1$ colled•d mKients for the Purp￿ of wovidiNJ fuNls for fulure reparatiorts, t
bolance ol a8￿cl ¢haiges not •xp•ndod are Ma￿ repair (und.
The surplus funds incoming in Ihe accumulated lund, Jess any unrealisèd gains. have t*en 8lkJcated by Ihe
eoard ol Man•gemenl io IheBe desgnabj luth io er4ur& aFpropw4kn use.
21 C•plt•l ¢ornrnltm•nts: ¢oth¢t•d fw but not pro¥ld•d kn thM• il*t•rn•nts
Comp•ny
2026
2024
22 An1￿1• of ¢h•ng•s In n•t debt
At1 Awl 2024
C•¥h flo
At31 Mar¢h 2026
Calh at bank and In h•n
381,637
23,956
405.693
Pag& 29

Reading Y.M.CA.
Noies fomlng part of the fininclal ¥t•temènts
14r th• y•ar •nded 31 IA•rth 2025 (Cots￿￿￿d)
23 Ponslons
Reading Y.M.CA p&t'apat8d in a cortributory pomion plan INovithrvJ defined benefits b95ed on final
P8nsKinable pay lor empbyees ofYMCK% in England. Scolland and Walas. The assots of Ihe YMCA PensK)n
Plan are helj soparately Irom those ol Readirrfj Y.M.C.A and al the yearw8nd these were inve5tgd in the
Mercer Dynarnic ￿rithng Solubon, 65% malthing pothlo ar#J 35% in th8 groth porffic4kJ and SChr￿je1
IproFety unrts c￿Y).
The most recent Comp￿ three year valuab.oll was as 411 May 2023. The assumptions u50d which have
tha rnosl S19n￿¢•nI effect on the T8$￿ts of the vduation are th088 relth.ng to the assurned Trte8 of retum on
assets ef4.56%. the incrèase in p8n8KJns in payment 013.18% (for RPI rAPFed al 5% p.a.), a¥•r*ge Ime
•XF4Ctancy from normal retlrèmenl age10165} for a cuThonl male Fen8Ther of 21.5year8, f8m419 24.0 yearn.
rJ.1 for a mab pe￿1¢￿, fem& 25.7 yearn. r￿'nry in 20 brn•.
The rwutt ofthe ¥8￿411¢n showed that ts oclwi* vahx olthe a88•ts wae £103.1m. whKh rwesenlèd 92% of
the that had ar£4uèd to n*mt4rn. The Pen8b)n Plan was lo merr*ern and futsjre seNi¢e
I￿rU41 wlth effed froffl 30 Aprf 2LK)7. Vlth Ihe remtr4al o1th6 ul8ry fjnkw for t¢￿fits al thmpbyad deferred
mernber5 t•came deforred memb•rn 08 1 May 2011. Tha prepa￿j # at l May 2023 shDwed th81
the YMCA Pell￿On Plan had a d¢ftit of£9.1 mlkn.
Reading Y.M.C.A has been thised thal rt wil Med lo make montrty ￿tribUtionS 01£1,082 Ircffi 1 May 2024.
Thki I￿￿nI 1$ based on the currvnl aCknan￿ assuMpt￿n$ lai c￿￿ned abowdl and may vary in tho luluRJ gs
rè8utt t4 •ctual pertOmbwnc• (4 the Pfrn$￿ Plon. Th cunenl re￿ry Fertsj li 3 ye8Tr c4mm•nryry 1 May 2024.
In #dJJtion, R•￿Ing Y.M.C.A. may hav• over tlm• liabl1￿ in tr* event of thg non-payment by other
participating YMCAS of their share ol the YMCA Pension Plan's defKrt11 16 not p05sibbe currenlty lo quanlty
the potential amount th81 Reading Y.M.C.A may nged lo pay In the future. The A850ciats'on a150 operates
defined contribution scheme which Y8 available lo al of its employees. Contribut￿)nG are chargad in the
a¢counts as incuffed and there werè no outstanding or proposed centiibutsons 8$ al tha balance ¥heel
dale. Totsl pgnsion costs ¢h8rged to1ho income arbj expenditurè account In Ihe year ￿re £12.62612024
£10,9B31.
24 Contlnq•nt Il•bHIty
R#adiryJ Y.IA.C.A had rne4N•d a HtyAkng Awiation Grant fr￿ Thfj Houiing Corpora1ion {now
1he Tgnanl SeNlc•s AuthorKyl to rnaKrtaln M0rfboff￿￿ H¢Juse prfcv lo its d&molth'on. Tlwg grant was
traMfeTred to Re•Jin9 Y.M.C.A ￿ 1 2011. kn theevanl cl Reading Y.M.CA c895ing to prov*￿ housing
attomrnodation this grant may be kble for rnpaYTr￿l. The vjfuo ol the granlwas £388.12P.
25 Legl8l•tre provlslons
The As8oaation is a Register￿ Landford regthted wih tr* T•nant Semcu Athhority IfomK8rfy the
HousiThJ Corporation). The Assoathn r8 aso a rt￿11ty No 1140731.