2022-08-31-accounts - YMCA Taunton

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YMCA TAUNTON Report ond Accounts 31[st] August 2022

Charity Registration Number: -1152585

Accounts prepored by: Karen Nobes BA(hons), ACMA, CTA Pofden Accountants Ltd Poplar Farm Burtfe Rood Burtle Somerset TA7 8NB

YMCA TAUNTON Bringing meaningful chon9e to children, families ond the community by developing innovative, community-bosed solutions to social issues IMPACT REPORT 2021122 At YMCA Tounton, we ore proud that we were oble to have a significant impoct on the communities we represent whilst undergoing extensive refvrbishments to our facilities. YOUNG PEOPLE INTERACTIONS 17.570 Y¢)ung People Attended ktivitie5 1330 Young Perscm Interactions (Youth Club) 35 Yourwj C(Yers gwrted 426 Young Coru InteractKK 62 Prscho(lers EdLKated honkyou for helPW A leom new skills and gain confidence in everythiry she do A has come on lea ond bounds 'cause of you helplng her grow. A will toke all the skills she has learnt in nursery to xhcYJl wlth herf - Prn•Sthool P•i•nt CommunicotM)ns FrierKlly Status 660 Children's Hot Meals 447 Safe Holid(ry Spoces COMMUNITY ENGAGEMENTS 21,000+ Meols tr4 70 Young Carers Seosonal Gift Baskets COMMUNITY HEALTH AND WELLBEING AcnvmES 30 tIffent Sports & Fitne55 Cla55e5 2 ComrrKmity Cooks 3 Mentol Health First AMler5 I ASIST Coregiver INCOME £514,388 7 Volunteers 7 Corporate Portners 11)0% Staff Believe YMCA Taunton Operates In A Socially Acceptoble Monner Yn¢A Here foi young peopl¢ INCA enab5 people to dthk)p their (ntlI in mind. l>)ly spirit H•r• fov ¢ommuniti•s InS'red ty. and foithful to christ* ¥oW Y•e creole SUPFQrtMb. inckn5tve a1 Hire foi you onetyw cOmff#JThls. whefe pjrg WK4e con tnjly beh)rMJ. conlritsjie ¢yx1 ItsTl.

YMCA Taunton Report of the Trustees for the Year Ended 31st August 2022

Welcome to the Annual Report for YMCA Taunton

The trustees present their report with the financial statements of the charity YMCA Taunton for the year ended 31st August 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities, preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1st 5anuary 2022). The legal name of the charity is: YMCA Taunton. YMCA Taunton, originally founded in 1855, is now constituted as a Charitable Incorporated Organisation. This status was established in 2013 and registered with the Charity Commission in England and Wales (CCEW) with charity number 1152585. The trustees of the charity are all individuals.

Our purpose – What we do

YMCA Taunton aims to encourage and nurture the physical, spiritual and intellectual development of young people within the Taunton Deane catchment area, with areas we serve categorised as being within the 20% most deprived in England[‡] . We are a Christian organisation but welcome all religious faiths and beliefs. The trustees have had regard to the Charity Commission's guidance on public benefit, in managing the activities of the charity. As a voluntary Christian organisation YMCA Taunton seeks to transform communities within the borough of Taunton Deane, so that children and young people, can truly belong, contribute and thrive. As a small charity, we feel w are more in touch with our local community and able to react quickly when situations and problems arise. As a member of a National Federation however, we also benefit from the extensive lobbying work carried out by the National Policy and Research Centre and through access to data that this centre is able to provide.

To achieve our objectives, we focus on providing opportunity and challenge to young people within a safe and supportive environment, through four key areas of work:

Family work − We deliver a range of family services, including a preschool and holiday clubs
Support and advice − We support young people during difficult times through a variety of initiatives
Training and education − We seek to support young people through education and skills−based training
Promote health and well−being across a range of programmes and individual tailored work

We also offer support to the wider community through a variety of recreational and other leisure time activities and by developing innovative, inclusive, and community−based solutions to social issues.

We continue to make a difference for the community and young people across the Taunton area. Our strategy has seen a focus on developing income and upgrading facilities that will see the centre delivering community services for many years to come.

We have seen the centre build and flourish following the end of the Coronavirus Pandemic, with perhaps the most significant upgrades in both the property and on site facilities since the centre was first built, these include:

Addressed major structural issues such as the roof valleys which frequently disrupted facilities and undermined the perceived quality of services
Preschool SEN Room – constructed a dedicated room away from the main preschool space. This safe space offers a calming area that allows children to detach, relax and start to exercise 'self−regulation' skills as well as engage in learning through play activities in a quiet place with specific equipment and resources
Preschool and social area flooring replaced
Installed external double glazed opening windows on the viewing gallery to improve ventilation and light levels
Converted an equipment store into a dedicated Fitness Suite specifically designed to appeal and encourage those who may experience barriers to improving fitness in a typical gym environment
Transformed our Social area by installing thermal insulation, double glazed high level panels and double glazed opening windows and doors where previously there were none; improving the social space and creating a Community Café
Installed replacement LED lights in the Sports Hall & Dance Studio to improve client experience and reduce electricity costs
Refurbished and improved the kitchen

Despite the disruption from these improvements, the YMCA Taunton has enabled over 17,000 young person engagements, in excess of 1300 youth club attendances and educated 62 preschoolers over the course of the year.

Over 30 sporting activities are hosted at the centre, our 2 community cooks assisted by one volunteer chef have provided more than 650 hot meals to children, whilst our youth team have delivered open access youth services, supported 35 individual young carers and provided 447 safe spaces with engaging activities during school holidays throughout the year.

Fundraising activities during the year

To deliver our core objectives, to support and nurture the development of young people, YMCA Taunton raises funds through grants, income generated through a range of over 30 different Sports and Fitness Classes and through the hire of a range of rooms and activity spaces.

Recovering from the impacts of Covid has seen overall business income (including grants and donations) for the year ending 31st August 2022 increase 65% to £514,388 compared to £311,818 in 2021, which includes £171,318 of grants towards building renovations.

Operating costs however, have been kept to a manageable level, resulting in a net operating surplus carried forward to reserves of £6,006. Along with our other fund−raising activities, Grants and Donations are a vital source of income. In addition to our 7 corporate partners (ASDA, Co−op, Lidl, Marks and Spencer, Morrisons, Sainsburys, B&Q) we would also like to acknowledge and thank our sponsors for their financial assistance in funding a variety of different initiatives:

Avon & Somerset Police
Co−op
Barclays / SASP
Public Health England
Somerset West & Taunton Council
Arnold Clark
National Lottery Community Fund
Allianz/ BJA
Bridgwater & Taunton College
YMCA South West Trust Fund
Somerset Community Foundation

Financial Management

All financial matters and policies are regularly reviewed by managers and the board of trustees and we continue to look for opportunities to increase our income and manage cash flow. The trustees consider the financial performance by the charity during the year to have been Satisfactory. The association has clear and robust financial policies in relation to expenditure and the security of the associations assets. All financial matters and policies are regularly reviewed by the board of trustees. This financial report was approved by the board of trustees on 23rd May 2023.

Reserves Policy

YMCA Taunton’s Reserves Policy sets out to maintain sufficient levels of reserves to enable normal operating activities to continue over a period of up to 12 months should a shortfall in income occur, and to take account of potential risks and contingencies that may arise from time to time. Excluded from the Reserves Policy is income associated with Endowment and Restricted Funds. In order to make a judgement on the level of reserves required, the trustees have considered the risks in respect of expenditure, unrestricted income, where appropriate restricted income and where funds can only be realised by the disposal of a fixed asset. Also taken into consideration are any external identified potential major risks to income and expenditure. Our reserves policy is reviewed each year and reserves are regularly monitored by trustees. The Board are committed to building reserves up which currently stand as:

Restricted Revenue Funds: £97,435
Endowment Revenue Funds: £105
Designated Funds: £133,035
Funds available for the general purposes of the charity excluding fixed assets: Unrestricted Revenue Funds: £159,135

Total charity funds: £389,710

Staff

We are pleased and grateful that the Covid 5ob Retention Scheme supported us in retaining all of our staff over the COVID period. The Kickstarter Scheme enabled us to give paid work experience with on the job and certificated training to two long term unemployed individuals, one Kickstarter was retained and permanently employed. One apprentice completed their apprenticeship training and has been permanently employed.

Governance and Trustees responsibilities

The trustees are responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity, and which are sufficient to show and explain the charity's transactions and enable them to ensure that their financial statements comply with regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Board of Trustees is made up of individuals who live locally and have expressed a desire to further the work of the YMCA, being in sympathy with its aims and objectives. Trustees meet regularly throughout the year to review the progress of the association in meeting its charitable goals. The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's objectives and in planning future activities for the year. The association will continue in their efforts to increase income and manage cash flow, whilst maximising the impact of activities on the young people in the Taunton Deane area and support residents of all ages within the local community.

Finally, I would like to recognise and thank our team, our employees, our volunteers and trustees. As a charity we rely on your hard work and the support you give us throughout the year. We have a fantastic facility, but it is your efforts that make the building a hub of the community. I am confident with your help; the charity can continue to grow over the coming years bringing meaningful change to the children and young people in our catchment area. Thank you for your efforts.

Antony White

‡English Indices of Deprivation 2019, MHCLG

Registered Charity number: 1152585 Principal address: Lisieux Way Taunton Somerset TA1 2LB

Trustees

The Trustees in office on the date the report was approved were:

A. White (Chair)

Z. Coulson (Vice Chair) N. Low

D. Palmer

The following persons served as Trustees during the year ended 31st August 2021: N. Low (Chair)

A. White (Vice Chair) Z. Coulson

D. Palmer

Independent Examiner

Accounts prepared by: Karen Nobes BA (hons), ACMA, CTA Polden Accountants Ltd Poplar Farm Burtle Road Burtle Somerset TA7 8NB

Independent Examiners Report:

YMCA Taunton

Report of the Independent Accountant to the Trustees of the charity on the accounts for the year ended 31 August 2022

We report on the financial statements of YMCA Taunton for the year ended 31 August 2022, as set out on pages 2 to 26, which comprise the Statement of Financial Activities, the Income and Expenditure Account, the Balance Sheet and the related notes to the financial statements, including a summary of significant accounting policies. In our opinion, the accompanying financial statements of the charity are prepared, in all material respects, in accordance with charity law applicable within the jurisdiction of England & Wales and the accounts have been prepared in accordance with FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, under the historical cost convention, and in accordance with the accounting policies set out on page 8, which framework constitutes the applicable United Kingdom Generally Accepted Accounting Practice.

Respective responsibilities of the directors and the accountant

As described on page 9, you, the charity's Trustees are responsible for the preparation of the accounts.

The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the Governing Document for the conducting of an audit. The Trustees also consider the charity to be exempt from the requirement to be subject to Independent Examination.

Our responsibility is to prepare accounts upon the basis of the information supplied to us, without conducting any formal scrutiny.

No statement of opinion

We have not carried out any audit procedures and have relied upon information supplied to us by the Trustees, and the information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently we do not express an audit or other assurance opinion on the view given by the accounts.

Signed:-

Karen Nobes - Independent Accountant

Chartered Management Accountants

Poplar Farm Burtle Road Burtle Road Somerset TA7 8NB

This report was signed on 20 May 2023

YMCA Taunton - Statement of Financial Activities for the year ended 31 August 2022

Statement of Financial Activities for the year ended 31 August 2022

Current year 45,569 280,094 3,410 292 6,033 Unrestricted Funds 2022 £	Current year 224,559 280,094 3,410 292 6,033 514,388 508,382 508,382 Total Funds 2022 £	Prior Year 99,074 209,852 2,863 29 - Total Funds 2021 £
335,398		311,818
313,771		275,479
313,771		275,479
	6,006 6,006 6,006 383,704 389,710
21,627		36,339
		36,339
21,627 270,543		36,339 347,363
292,170		383,702

The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.

All activities derive from continuing operations

The notes attached on pages 8 to 26 form an integral part of these accounts.

YMCA Taunton - Statement of Financial Activities for the year ended 31 August 2022

YMCA Taunton - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP

Prior Year 45,659 209,852 2,863 29 - Unrestricted Funds 2021 £	Prior Year 53,415 - - - - Restricted Funds 2021 £	Prior Year Prior Year nds - 99,074 - 209,852 - 2,863 - 29 - - - 311,818 - - - 275,479 - - - - - - - 275,479 - - - 36,339 - - - 36,339 - 36,339 105 347,363 Endowment Funds Total Fu 2021 £ 2021 £
258,403	53,415
- 241,010 - - -	- 34,469 - - -
241,010	34,469
- 17,393 -	- 18,946 -
17,393	18,946
17,393 253,148	18,946 94,110
270,541	113,056	105 383,702

All activities derive from continuing operations

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.'

The notes attached on pages 8 to 26 form an integral part of these accounts.

YMCA Taunton - Statement of Financial Activities for the year ended 31 August 2022

YMCA Taunton - Resources applied in the year ended 31 August 2022 towards fixed assets for Charity use:-

for Charity use:-
Funds generated in the year as detailed in the SOFA Net resources available to fund charitable activities	2022 £ 6,006 6,006	2021 £ 36,339
		36,339

The notes attached on pages 8 to 26 form an integral part of these accounts.

YMCA Taunton - Statement of Financial Activities for the year ended 31 August 2022

Movements in revenue and capital funds for the year ended 31 August 2022

Revenue accumulated funds

Accumulated funds brought forward Recognised gains and losses before transfers Closing revenue funds	Unrestricted Funds 2022 £ 270,543 21,627	Restricted Funds 2022 £ 113,056 (15,621) 97,435 97,435	Endowment Funds 2022 £ 105 - 105 105	Total Funds 2022 £ 383,704 6,006 389,710	Last year Total Funds 2021 £ 347,363 36,339
	292,170				383,702
	292,170			389,710	383,702

Designated revenue funds included within the unrestricted funds above

At 1 September Transfer (to)/from revenue accumulated funds At 31 August	Total Funds 2022 £ 133,035 -	Last year Total Funds 2021 £ 108,745 24,290
	133,035	133,035

The purposes for which these funds have been designated are described in Note 20 to the accounts.

Summary of funds


Summary of funds Revenue accumulated funds Revenue designated funds Total funds	Unrestricted and Designated funds Restricted Funds 2022 £ 2022 £ 159,135 97,435 133,035 - 292,170 97,435	Endowment Funds 2022 £ 105 - 105	Total Funds 2022 £ 256,675 133,035	Last Year Total Funds 2021 £ 250,667 133,035
			389,710	383,702

The notes attached on pages 8 to 26 form an integral part of these accounts.

YMCA Taunton - Statement of Financial Activities for the year ended 31 August 2022

YMCA Taunton

Income and Expenditure Account for the year ended 31 August 2022 as required by the Companies Act 2006

*Income* Income from operations Refunds from HMRC on gift aided donations Investment income Interest receivable Other operating income Gross income in the year before exceptional items Gross income in the year including exceptional items *Expenditure* Charitable expenditure, excluding depreciation and amortisation Depreciation and amortisation Governance costs Realised losses on disposals of social investments which are programme related Total expenditure in the year Net income before tax in the financial year Tax on surplus on ordinary activities Net income after tax in the financial year Retained surplus for the financial year	2022 £ 508,063 - 292 6,033 514,388 514,388 491,706 14,676 2,000 - 508,382 6,006 - 6,006 6,006	2021 £ 310,789 1,000 29 -
		311,818
		311,818
		258,803 14,676 2,000 -
		275,479 36,339 -
		36,339
		36,339

All activities derive from continuing operations

In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.

The notes attached on pages 8 to 26 form an integral part of these accounts.

YMCA Taunton - Balance Sheet as at 31 August 2022

SORP

		SORP
	Note	Ref		2022		2021
				£		£
Fixed assets		A
Tangible assets	10	A2		78,431		93,107
Current assets		B
Stocks		B1	100		100
Debtors	12	B2	23,064		18,558
Cash at bank and in hand		B4	450,428		396,276
Total current assets			473,592		414,934
Creditors: amounts falling due within
one year	13	C1	(162,313)		(124,337)
Net current assets				311,279		290,597
The total net assets of the charity				389,710		383,704
The total net assets of the charity are	funded	by the	funds of the	charity, as follows:-
Endowment funds
Endowment Revenue Funds	18	D1	105		105
				105		105
Restricted funds
Restricted Revenue Funds	18	D2	97,435		113,056
				97,435		113,056
Unrestricted Funds
Unrestricted Revenue Funds	18	D3	159,135		137,508
				159,135		137,508
Designated Funds
Designated Revenue Funds	18	D3	133,035		133,035
				133,035		133,035
Total charity funds				389,710		383,704

The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..

The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts.

The Trustees are satisfied that, although the charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

Mr Antony White

Trustee

Approved by the board of trustees on 20 May 2023

The notes attached on pages 8 to 26 form an integral part of these accounts.

YMCA Taunton

Notes to the Accounts for the year ended 31 August 2022

1 Accounting policies

Policies relating to the production of the accounts.

Basis of preparation and accounting convention

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.

All Income and expenses have been included in the accounts in so far as they can be measured with reasonable accuracy and there is a a fair expectation of their value and certainty.

Going Concern

The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. Accordingly, the Trustees have obtained forecasts and, after reviewing the financial forecasts for future periods to 31st August 2023, the Trustees are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements. Other than these matters, the Trustees are not aware of any material uncertainites about the charity's ability to continue as a going concern.

Risks and future assumptions

The charity is a public benefit entity.

Policies relating to categories of income and income recognition.

Nature of income

Gross income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Categories of Income

Income is categorised as income from exchange transactions (contract income) and income from non-exchange transactions (gifts), investment income and other income.

Income from exchange transactions is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser.

Income from a non-exchange transaction is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.

YMCA Taunton

Notes to the Accounts for the year ended 31 August 2022

Income recognition

Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.

Dividends are accrued when the shareholder’s right to receive payment is established.

Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.

All income is accounted for gross, before deducting any related fees or costs.

Accounting for deferred income and income received in advance

Where terms and conditions relating to income have not been met or uncertainty exists as to whether the charity can meet any terms or conditions otherwise within its control, income is not recognised but is deferred as a liability until it is probable that the terms or conditions imposed can be met.

Any grant that is subject to performance-related conditions received in advance of delivering the goods and services required by that condition, or is subject to unmet conditions wholly outside the control of the recipient charity, is accounted for as a liability and shown on the balance sheet as deferred income. Deferred income is released to income in the reporting period in which the performance-related or other conditions that limit recognition are met.

When income from a grant or donation has not been recognised due to the conditions applying to the gift not being wholly within the control of the recipient charity, it is disclosed as a contingent asset if receipt of the grant or donation is probable once those conditions are met.

Where time related conditions are imposed or implied by a funder, then the income is apportioned to the time periods concerned,and, where applicable, is accounted for as a liability and shown on the balance sheet as deferred income. When grants are received in advance of the expenditure on the activity funded by them, but there are no specific time related conditions, then the income is not deferred.

Any condition that allows for the recovery by the donor of any unexpended part of a grant does not prevent recognition of the income concerned, but a liability to any repayment is recognised when repayment becomes probable.

Donated goods, facilities and services

Donated fixed assets are recognised at the current fair value. All such donations are recognised as donation income, and debited to fixed assets.

Donated goods that are not fixed assets are accounted for at a fair value, unless it is impractical to reliably measure the value of the donated items.

In the absence of any direct evidence of fair value of donated goods, then a value is derived from the cost of the item to the donor or, in the case of goods that are expected to be sold, the estimated resale value after deducting any anticipated costs of sales.

If it is impracticable to measure the fair value of goods donated for resale, or the costs of valuation outweigh the benefits, the donated goods are recognised as income when sold, with an equivalent amount being recognised as an expense.

The costs of goods donated for distribution to beneficiaries is deemed to be the fair value of those goods upon receipt. When the goods are distributed freely or for a nominal consideration, then the carrying amount is adjusted at the time of sale, to the value at the point of distribution and the adjustment is shown as a cost of donations made.

YMCA Taunton

Notes to the Accounts for the year ended 31 August 2022

The carrying amount of any stock held for distribution is assessed for impairment at the reporting date. All donated goods are recognised as donation income, and debited to trading stock.When trading stock is subsequently sold, or appropriated to meet an expense, then the carrying value of the stock is recognised as an expense. In accordance with the SORP, goods donated for distribution to beneficiaries, or for consumption by the charity are included in 'legacies and donations '. Goods donated for resale are included in 'Income from other trading activities'

The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt. If the goods held are to be distributed freely or for a nominal consideration, then the carrying amount is subsequently adjusted to reflect the lower of deemed cost adjusted for any loss of service potential and replacement cost. Replacement cost is the economic cost incurred if the charity was to replace the service potential of the donated goods at its own expense in the most economic manner.

Donated services and facilities (including seconded staff and use of property) are included in the accounts on the basis of the value of the gift to the charity.

All donated services and facilities are recognised as donation income when received,(provided the value of the gift can be measured reliably) and recognised as an expense with an equivalent value.

Membership subscriptions

The income and any associated Gift Aid or other tax refund from a membership subscription received by the charity in the nature of a gift, is accounted for on the same basis as a donation.

The income from a membership subscription received by the charity where the subscription purchases the right to services or benefits is recognised as income from charitable activities.

Policies relating to expenditure on goods and services provided to the charity.

Recognition of liabilities and expenditure

A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..

Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.

Allocating costs to activities

Direct costs that are specifically related to an activity are allocated to that activity. Shared direct costs and support costs are apportioned between activities.

The basis for apportionment, which is consistently applied, and proportionate to the circumstances, is :-

Staffing - on the basis of time spent in connection with any particular activity. Staffing - on a per capita basis, based on the number of of people employed within any partiular activity. Premises related costs - on the proportion of floor area occupied by a particular activity.

Non specific support costs - on the basis of the usage of resources, in terms of time taken, capacity used, request made or other measures

YMCA Taunton

Notes to the Accounts for the year ended 31 August 2022

Volunteers

In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity.

However, the trustees value the significant contribution made to the activities of the charity by unpaid volunteers and this is described more fully in Note6.

Policies relating to assets, liabilities and provisions and other matters.

Tangible fixed assets

Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.

Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.

Leasehold premises 2 % straight line Plant and machinery 20 % straight line Improvements to property 2 % straight line

A regular annual review of the likelihood of asset impairment is undertaken.

Accounting for capital grants and fixed asset funds.

Gifts of tangible fixed assets or grants of a capital nature, given for the purposes of acquiring specific assets to be fully utilised in the furtherance of the objects of the charity, are credited to fixed asset funds after the donated asset has been received or sums have been properly expended on the restricted purpose.

Where the terms of the gift require the charity to hold the asset on an ongoing basis for a specific purpose, then the fixed asset fund so created is categorised as a restricted fixed asset fund, and the relevant restrictions are noted in the fixed asset note 10.

Where the terms of the gift are met once the asset is acquired, so allowing the charity to use the asset on an unrestricted basis, including the right to receive the proceeds of any future sale of the asset on an unrestricted basis, then the fixed asset fund so created is categorised as a designated fixed asset fund.

When assets are acquired for the furtherance of the charity's objects, utilising the charity's own unrestricted funds, a transfer is made from unrestricted funds to a designated fixed asset fund.

Whether acquired with unrestricted or restricted funds, the asset acquired is initially shown in the balance sheet at the full cost of acquisition or subsequent revaluation.

As the related assets are depreciated, in accordance with the depreciation policy,in order to reflect the dimunition in the asset,a transfer is made from the relevant fixed asset funds to either unrestricted or restricted revenue funds, as appropriate to the terms of the original gift, if any.

The effect of this policy is that the aggregate of all fixed asset funds shall equate to the net book value of fixed assets.

In the first year that this policy was adopted, a transfer to fixed asset funds was made equivalent to the net book value of the assets.

Any residual liability to the donor arising from, for example, the asset's future sale, is disclosed as a contingent liability unless the event that would trigger repayment of the grant becomes probable in which case a liability for repayment is recognised.

Insofar as this policy relates to Government grants and to the extent that it may be a departure from the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), such departure is justified on the basis that it is in order to comply with the SORP.

YMCA Taunton

Notes to the Accounts for the year ended 31 August 2022

Stocks and work in progress

Stock is valued at the lower of cost and net realisable value.

Debtors

Debtors are measured at their recoverable amounts at the balance sheet date.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulitng from a past event that will probably result in the transfer of funds to a third party an the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at their settlement amount.

Financial instruments including cash and bank balances

Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.

Leasing and hire purchase contracts and commitments

Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the charity, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

Pensions - defined contribution schemes

The charity operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

Fund Accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law.

Endowment funds are funds donated to the charity, where the funds shall be invested and the charity shall enjoy the benefit of the income from the capital fund, but where restrictions are placed on the use of the capital.

YMCA Taunton

Notes to the Accounts for the year ended 31 August 2022

2 Liability to taxation

The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.

3 Winding up or dissolution of the charity

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.

4 Significance of financial instruments to the charity's position

There are no financial instruments that have a significant effect on the charity's financial position.

5 Net surplus before tax in the financial year

Net surplus before tax in the financial year
	2022	2021
	£	£
The net surplus before tax in the financial year is stated after charging:-
Depreciation of owned fixed assets	14,676	14,676
Pension costs	4,506	4,028

6 The contribution of volunteers

The charity depends on the support of its volunteers, which is much appreciated. The charity had 19 Volunteers who donated many hours of their time in various roles across our charity. The arrangements with volunteers are difficult to value precisely in monetary terms and have not been recognised in the Statement of Financial Activities. The volunteers and the charity accept and agree that no contract of employment is created by these arrangements.

7 Staff costs and emoluments

*Salary costs*	2022	2021
	£	£
Gross Salaries excluding trustees and key management personnel	61,694	42,981
Employer's National Insurance for all staff	5,755	4,295
Employer's operating costs of defined
contribution pension schemes	4,506	4,028
Total salaries, wages and related costs	71,955	51,304
The average number of part time staff employed in the year was	12	12
The average number of full time staff employed in the year was	8	7
The estimated full time equivalent number of all staff employed in the year was	14	12
*The estimated equivalent number of full time staff deployed in different activities in the year was:-*
Youth Club and Sports Activities	2	3
Pre-School	9	7
Administration and Support Staff	3	2
*The estimated full time equivalent number of all staff employed as above*	14	12

YMCA Taunton

Notes to the Accounts for the year ended 31 August 2022

Neither the trustees nor any persons connected with them have received any remuneration from the charity or any related entity, either in the current or prior year.

No employees received emoluments (excluding pension costs) in excess of £60,000 per annum.

8 Defined contribution pension schemes

The charity operates a defined contribution pension scheme, the costs of which are shown above.

Any liabilites and assets associated with the scheme are shown under debtors and creditors.

9 Remuneration and payments to Trustees and persons connected with them

No trustees or persons connected with them received any remuneration from the charity, or any related entity.

10 Tangible fixed assets

*Current Year* Cost At 1 September 2021 At 31 August 2022 Depreciation At 1 September 2021 Charge for the year At 31 August 2022 Net book value At 31 August 2022 At 31 August 2021 *Prior Year* Cost 01 September 2020 31 August 2021 Depreciation Net book value 31 August 2021	Land and Buildings Plant & Machinery Motor Vehicles Total £ £ £ £ 133,445 38,469 - 171,914
	133,445 38,469 - 171,914
	31,257 47,550 - 78,807 5,436 9,240 - 14,676
	36,693 56,790 - 93,483
	96,752 (18,321) - 78,431

	102,188 (9,081) - 93,107
	Land and Buildings Plant & Machinery Motor Vehicles Total £ £ £ £ 133,445 38,469 - 171,914
	133,445 38,469 - 171,914
	133,445 38,469 - 171,914

31 August 2020

133,445 38,469 - 171,914

YMCA Taunton

Notes to the Accounts for the year ended 31 August 2022

YMCA Taunton

Notes to the Accounts for the year ended 31 August 2022

11Stocks & Work in Progress Stocks before write downs *Analysis of the carrying value of stocks and work in progress by activities* *Work in Progress* 2022 2021 £ £ *Activity* Preschool - - - - 12 Debtors Trade debtors Prepayments and accrued income Other debtors 13 Creditors: amounts falling due within one year Trade creditors Accruals PAYE, NIC VAT and other taxes Other creditors	11Stocks & Work in Progress Stocks before write downs *Analysis of the carrying value of stocks and work in progress by activities* *Work in Progress* 2022 2021 £ £ *Activity* Preschool - - - - 12 Debtors Trade debtors Prepayments and accrued income Other debtors 13 Creditors: amounts falling due within one year Trade creditors Accruals PAYE, NIC VAT and other taxes Other creditors	2022 £ 2021 £ 100 100
		100 100
		*Stocks* 2022 2021 £ £ 100 100
	- -	100 100
		2022 2021 £ £ 19,716 13,988 2,316 2,627 1,032 1,943
		23,064 18,558
		2022 2021 £ £ 28,313 13,179 123,114 100,396 3,583 3,459 7,303 7,303
		162,313 124,337

14 Loans to trustees included in debtors

There have been no loans to trustees.

15 Guarantees made by the charity on behalf of trustees

There have been no guarantees made on behalf of trustees.

16 Income and Expenditure account summary At 1 September 2021 Surplus after tax for the year At 31 August 2022	2022 £ 2021 £ 383,702 347,363 6,006 36,339
	389,708 383,702

YMCA Taunton

Notes to the Accounts for the year ended 31 August 2022

17 Particulars of how particular funds are represented by assets and liabilities

At 31 August 2022 Tangible Fixed Assets Current Assets Current Liabilities At 1 September 2021 Tangible Fixed Assets Current Assets Current Liabilities	Unrestricted funds Designated funds Endowment funds Restricted funds Total Funds £ £ £ £ £ 78,431 - - - 78,431 243,017 133,035 105 97,435 473,592 (162,313) - - - (162,313)
	159,135 133,035 105 97,435 389,710
	Unrestricted funds £ Designated funds £ Endowment funds £ Restricted funds £ Total Funds £ 93,107 - - - 93,107 168,738 133,035 105 113,056 414,934 (124,337) - - - (124,337)
	137,508 133,035 105 113,056 383,704

18 Change in total funds over the year as shown in Note 17 , analysed by individual funds

*Unrestricted and designated funds:-* Unrestricted Revenue Funds Designated Revenue Funds Total unrestricted and designated funds *Restricted funds:-* Building Fund Projects and Equipment 3G Pitch Fund YIF Fund Total restricted funds *Endowment funds:-* Sundry other funds Total endowment funds Total charity funds	Funds brought forward from Movement in funds in 2022 Transfers between Funds carried forward to 2021 funds in 2023 2022 £ See Note 19 £ See Note 0 £ £ 137,508 21,627 - 159,135 133,035 - - 133,035
	270,543 21,627 - 292,170
	60,754 (15,621) - 45,133 17,362 - - 17,362 27,545 - - 27,545 7,395 - - 7,395
	113,056 (15,621) - 97,435
	105 - - 105
	105 - - 105

	383,704 6,006 - 389,710

YMCA Taunton

Notes to the Accounts for the year ended 31 August 2022

19 Analysis of movements in funds over the year as shown in Note 18

*Unrestricted and designated funds:-* Unrestricted Revenue Funds *Restricted funds:-* Projects and Equipment	Income 2022 £ 335,398 178,990	Expenditure 2022 £ (313,771) (194,611)	Other Gains & Losses 2022 £ - -	Movement in funds 2022 £ 21,627 (15,621)
	514,388	(508,382)	-	6,006

20 The purposes for which the funds as

Unrestricted and designated funds:-

Unrestricted Revenue Funds

Unrestricted Revaluation Reserve

Designated Revenue Funds Designated Fixed Asset Funds

YMCA taunton's Reserves Policy is to maintain sufficient levels to enable normal operating activitioes to continue over a period of up to 12 months, should a shortfall in income occur and to take account of potential risks and contingencies that may arise from time to time.

This fund represents the unrestricted surplus arising on the revaluation of the charity's assets.

This fund represents the unrestricted surplus that has been designated by the Trustees for an essential spend or particular future purpose.

The purpose of these funds is described under the accounting policy 'Accounting for capital grants and fixed asset funds'.

Restricted funds:-

The purpose of these funds is described under the accounting policy Restricted Fixed Asset Funds 'Accounting for capital grants and fixed asset funds'. This fund represents the restricted surplus arising on the revaluation of the Restricted Revaluation Reserve charity's assets. Funds were received towards the improvements to the building which is Building Fund being depreciated on a straight line basis Funds were received towards the replacement of equipment which is being Projects and Equipment depreciated on a straight line basis Funds were received towards the replacement of the 3G pitch which is 3G Pitch Fund being depreciated on a straight line basis Funds were received that directly related to the spending on a youth YIF Fund initiative. - Endowment funds:- The purpose of these funds is described under the accounting policy Endowment Fixed Asset Funds 'Accounting for capital grants and fixed asset funds'. This fund represents the restricted surplus relating to endowment funds Endowment Revaluation Reserve arising on the revaluation of the charity's assets.

21 Ultimate controlling party

The charity is under the control of its legal members.

YMCA Taunton

Detailed analysis of income and expenditure for the year ended 31 August 2022 as required by the SORP 2015

This analysis is classsified by conventional nominal descriptions and not by activity.

22 Donations, Grants and Legacies

Current year Unrestricted Funds 2022 £ 3,850 -	Current year Restricted Funds 2022 £ - -	Current year Endowment Funds 2022 £ - - -	Current year Total Funds 2022 £ 3,850 - 3,850	Prior Year Total Funds 2021 £ 1,390 1,000 2,390
3,850	-
Current year Unrestricted Funds 2022 £ 1,000 - 9,215 - - - 13,498 4,000 10,000	Current year Restricted Funds 2022 £ - 101,546 2,565 7,382 225 2,000 - 62,772 -	Current year Endowment Funds 2022 £ - - - - - - - - -	Current year Total Funds 2022 £ 1,000 101,546 11,780 7,382 225 2,000 13,498 66,772 10,000	Prior Year Total Funds 2021 £ 500 1,700 34,135 8,486 29,708 1,600 - - -
37,713	176,490	-	214,203	76,129

All the grants in the prior year were unrestricted.

YMCA Taunton

Detailed analysis of income and expenditure for the year ended 31 August 2022 as required by the SORP 2015

Revenue grants from government and public bodies - Prior Year analysis

Small grants individually less than £1000 Arnold Clark SWTF Sport England National Council of YMCA Allianz Co-Operative Enter name of donor on the analysis Step 25 Section A1-4 Enter name of donor on the analysis Step 25 Section A1-4 Total private sector revenue grants Prior Year Revenue grants and donations from non public bodies	Prior Year Prior Year Unrestricted Restricted Funds Funds 2021 2021 £ £ 34,635 41,494	Prior Year Endowment - - - - - - - - - Funds 2021 £ - Current year Endowment Funds 2022 £	Prior Year Total Funds 500 5,194 2,500 - - 3,300 - 7,466 - 4,455 1,000 - 2,461 - - - - - 6,461 20,415 2021 £ 76,129 Current year Prior Year Total Funds Total Funds 2022 2021 £ £
	500 - - 2,500 - - - - - - 1,000 - 2,461 - - - - - Current year Current year Unrestricted Funds Restricted Funds 2022 2022 £ £
	3,961 2,500	-

All the grants in the prior year were unrestricted.

Revenue grants and donations from non public bodies (Include Gift Aid donations from subsidiaries) - Prior Year analysis

Prior Year

Prior Year Unrestricted Funds 2021 £ 8,494	Prior Year Restricted Funds 2021 £ 11,921	Prior Year Endowment Funds 2021 £ - Current year Endowment Funds 2022 £ -	Prior Year Total Funds 2021 £ 20,415 Current year Total Funds 2022 £ 45	Prior Year Total Funds 2021 £
Current year Unrestricted Funds 2022 £	Current year Restricted Funds 2022 £
45	-			140

Membership subscriptions as donations

YMCA Taunton

Detailed analysis of income and expenditure for the year ended 31 August 2022 as required by the SORP 2015

YMCA Taunton

Detailed analysis of income and expenditure for the year ended 31 August 2022 as required by the SORP 2015

Total Donations, Grants and Legacies

Total Donations, Grants and A1 Legacies All the donations and gifts in the prior year *Prior year* Total Donations, Grants and A1 Legacies	45,569 178,990	45,569 178,990	-	224,559	99,074
	were unrestricted. Unrestricted Funds Restricted Funds 2021 2021 £ £		Endowment Funds 2021 £	99,074 Prior Year Total Funds 2021 £
	45,659	53,415	-

23 Income from charitable activities - Trading Activities

*Current year* Primary purpose and ancillary trading Youth Club and Sports Activities Pre-School Letting of property for charitable purposes Total Primary purpose and ancillary trading	Current year Unrestricted Funds 2022 £ 61,356 169,438 49,300	Current year Restricted Funds 2022 £ - - -	Current year Endowment Funds 2022 £ - - -	Current year Total Funds 2022 £ 280,094 61,356 169,438 49,300	Prior Year Total funds 2021 £ 209,852 33,195 149,544 27,113
	280,094	-	-

24 Total Income from charitable activities

*Current year* Total income from charitable trading Total from charitable activities A2	Current year Current year Current year Unrestricted Funds Restricted Funds Endowment Funds 2022 2022 2022 £ £ £ 280,094 - -	Current year Total Funds 2022 £ 280,094	Prior Year Total Funds 2021 £ 209,852
	280,094 - -	280,094	209,852

25 Income from other, non charitable, trading activities

Current year	Current year	Current year	Current year	Prior Year
Unrestricted	Restricted	Endowment	Total Funds	Total Funds
Funds	Funds	Funds
2022	2022	2022	2022	2021
£	£	£	£	£

YMCA Taunton Detailed analysis of income and expend SORP 2015 Car Parking Income Income from fundraising events Canteen Sales Total from other activities A3	1,300 - 1,191 - 919 -	- - -	~~as required b~~ 1,300 1,191 919 3,410	1,289 1,245 329
	~~ture for the year ended 31~~ 3,410 -	~~August 2022~~ -		~~y the~~ 2,863

YMCA Taunton

Detailed analysis of income and expenditure for the year ended 31 August 2022 as required by the SORP 2015

26 Investment income

nvestment income
Bank Interest Receivable Total investment income A4	Current year Unrestricted Funds Current year Restricted Funds 2022 2022 £ £ 292 -	Current year Endowment Funds 2022 £ -	Current year Total Funds 2022 £ 292 292	Prior Year Total Funds 2021 £ 29
	292 -	-		29

27 Other income and gains

*Current year* Insurance claims - Revenue items Total other income A5	Current year Current year Unrestricted Funds Restricted Funds 2022 2022 £ £ 6,033 -	Current year Endowment Funds 2022 £ -	Current year Total Funds 2022 £ 6,033 6,033	Prior Year Total Funds 2021 £ -
	6,033 -	-		-

28 Expenditure on charitable activities - Direct spending

*Current Year* Grant Expenditure Total direct spending B2a	Current year Unrestricted Funds Current year Restricted Funds 2022 2022 £ £ 15,811 177,105	Current year Endowment Funds 2022 £ -	Current year Total Funds 2022 £ 192,916 192,916	Prior Year Total Funds 2021 £ 23,827
	15,811 177,105	-		23,827

All the expenditure in the prior year was unrestricted.

*Prior Year* Grant Expenditure Total direct spending B2a	Prior Year Prior Year Unrestricted Funds Restricted Funds 2021 2021 £ £ 19,066 4,761	Prior Year Endowment Funds 2021 £ -	Prior Year Total Funds 2021 £ 23,827
	19,066 4,761	-	23,827

29 Expenditure on charitable activities - Charitable trading

*Current Year* Youth Club Expenditure Pre-School Expenditure Total charitable trading costs B2b	Current year Unrestricted Funds Current year Restricted Funds Current year Endowment Funds 2022 2022 2022 £ £ £ 26,166 225 - 141,020 - -	Current year Total Funds Prior Year Total Funds 2022 2021 £ £ 26,391 25,863 141,020 111,307
	167,186 225 -	167,411 137,170

YMCA Taunton

Detailed analysis of income and expenditure for the year ended 31 August 2022 as required by the SORP 2015

All the expenditure in the prior year was unrestricted. *Prior Year* Prior Year Unrestricted Funds Prior Year Restricted Funds Prior Year Endowment Funds 2021 2021 2021 £ £ £ Youth Club Expenditure 17,360 8,503 - Pre-School Expenditure 110,444 863 - Total charitable trading costs B2b 127,804 9,366 - Support costs for charitable activities Current year Current year Current year *Current Year* Unrestricted Funds Restricted Funds Endowment Funds 2022 2022 2022 £ £ £ *Employee costs not included in direct costs* - - - - Salaries - Administrative staff 61,694 - Defined contribution pension cost - 4,506 - administrative staff Employers' NI - Administrative staff 5,755 - - Training and welfare - staff 150 - - Employers NI Allowance (3,000) - - Travel and subsistence - staff 270 - - *Premises Expenses* Licence fees payable 159 - - Rates and water charges 4,552 - - Light heat and power 6,186 - - Cleaning and waste management 9,381 - - Premises repairs, renewals and 7,319 17,281 maintenance Property insurance 6,596 - - *Administrative overheads* Telephone, fax and internet 2,496 - - Postage 2 - - Stationery and printing 159 - - Hire of equipment 480 - - Sundry expenses 945 - - Clothing - - - *Professional fees paid to advisors other than the auditor or examiner* Accountancy fees other than 664 - examination or audit fees Other legal and professional 4,115 - - Affiliation Fees 1,454 - - *Financial costs* Bank charges 215 - - Depreciation & Amortisation in total 14,676 - - Support costs before reallocation 128,774 17,281 - Total support costs - Current Year 128,774 17,281 -	All the expenditure in the prior year was unrestricted. *Prior Year* Prior Year Unrestricted Funds Prior Year Restricted Funds Prior Year Endowment Funds 2021 2021 2021 £ £ £ Youth Club Expenditure 17,360 8,503 - Pre-School Expenditure 110,444 863 - Total charitable trading costs B2b 127,804 9,366 - Support costs for charitable activities Current year Current year Current year *Current Year* Unrestricted Funds Restricted Funds Endowment Funds 2022 2022 2022 £ £ £ *Employee costs not included in direct costs* - - - - Salaries - Administrative staff 61,694 - Defined contribution pension cost - 4,506 - administrative staff Employers' NI - Administrative staff 5,755 - - Training and welfare - staff 150 - - Employers NI Allowance (3,000) - - Travel and subsistence - staff 270 - - *Premises Expenses* Licence fees payable 159 - - Rates and water charges 4,552 - - Light heat and power 6,186 - - Cleaning and waste management 9,381 - - Premises repairs, renewals and 7,319 17,281 maintenance Property insurance 6,596 - - *Administrative overheads* Telephone, fax and internet 2,496 - - Postage 2 - - Stationery and printing 159 - - Hire of equipment 480 - - Sundry expenses 945 - - Clothing - - - *Professional fees paid to advisors other than the auditor or examiner* Accountancy fees other than 664 - examination or audit fees Other legal and professional 4,115 - - Affiliation Fees 1,454 - - *Financial costs* Bank charges 215 - - Depreciation & Amortisation in total 14,676 - - Support costs before reallocation 128,774 17,281 - Total support costs - Current Year 128,774 17,281 -	Prior Year Total Funds 2021 £ 25,863 111,307 137,170 Current year P Total Funds 2022 £ 61,694 4,506 5,755 150 (3,000) 270 159 4,552 6,186 9,381 24,600 6,596 2,496 2 159 480 945 - 664 4,115 1,454 215 14,676	rior Year Total Funds 2021 £ 42,981 4,028 4,295 35 (3,000) 135 158 1,583 5,767 8,642 13,488 5,978 2,434 44 136 632 2,708 45 1,174 4,728 1,608 207 14,676
128,774 17,281	-	146,055 146,055	112,482
128,774 17,281	-		112,482
			-

30 Support costs for charitable activities

The basis of allocation of costs between activities is described under accounting policies -

YMCA Taunton

Detailed analysis of income and expenditure for the year ended 31 August 2022 as required by the SORP 2015

*Prior Year* Current year Current year Current year Prior Year Unrestricted Funds Restricted Funds Endowment Funds Total Funds 2022 2022 2022 2021 £ £ £ £ *Employee costs not included in direct costs* Salaries - Administrative staff 22,639 20,342 - 42,981 *Support costs before reallocation* 92,140 20,342 - 112,482 Total support costs - Prior Year 92,140 20,342 - 112,482	*Prior Year* Current year Current year Current year Prior Year Unrestricted Funds Restricted Funds Endowment Funds Total Funds 2022 2022 2022 2021 £ £ £ £ *Employee costs not included in direct costs* Salaries - Administrative staff 22,639 20,342 - 42,981 *Support costs before reallocation* 92,140 20,342 - 112,482 Total support costs - Prior Year 92,140 20,342 - 112,482	*Prior Year* Current year Current year Current year Prior Year Unrestricted Funds Restricted Funds Endowment Funds Total Funds 2022 2022 2022 2021 £ £ £ £ *Employee costs not included in direct costs* Salaries - Administrative staff 22,639 20,342 - 42,981 *Support costs before reallocation* 92,140 20,342 - 112,482 Total support costs - Prior Year 92,140 20,342 - 112,482	*Prior Year* Current year Current year Current year Prior Year Unrestricted Funds Restricted Funds Endowment Funds Total Funds 2022 2022 2022 2021 £ £ £ £ *Employee costs not included in direct costs* Salaries - Administrative staff 22,639 20,342 - 42,981 *Support costs before reallocation* 92,140 20,342 - 112,482 Total support costs - Prior Year 92,140 20,342 - 112,482
	92,140 20,342	-	112,482 112,482
	92,140 20,342	-

The basis of allocation of costs between activities is described under accounting policies

31 Other Expenditure - Governance costs

*Current Year* Independent Examiner's fees Total Governance costs	Current year Unrestricted Funds Current year Restricted Funds 2022 2022 £ £ 2,000 -	Current year Endowment Funds 2022 £ -	Current year Total Funds 2022 £ 2,000 2,000	Prior Year Total Funds 2021 £ 2,000
	2,000 -	-		2,000

All the expenditure in the prior year was unrestricted.

32 Total Charitable expenditure

Current year Unrestricted Funds Current year Restricted Funds 2022 2022 £ £ 15,811 177,105 167,186 225 128,774 17,281 2,000 -	Current year Endowment Funds 2022 £ - - - -	Current year Total Funds 2022 £ 192,916 167,411 146,055 2,000 508,382 Prior Year Total Funds 2021 £ 23,827 137,170 112,482 2,000	Prior Year Total Funds 2021 £ 23,827 137,170 112,482 2,000
313,771 194,611	-		275,479
Prior Year Prior Year Unrestricted Funds Restricted Funds 2021 2021 £ £ 19,066 4,761 127,804 9,366 92,140 20,342 2,000 -	Prior Year Endowment Funds 2021 £ - - - -
241,010 34,469	-	275,479

YMCA Taunton

Activity analysis of Income and expenditure for the for the year ended 31 August 2022

This analysis is classsified by activity and not by conventional nominal descriptions.

33 Analysis of income by activity SOFA ref Activity Income from charitable activities Lettings Youth Club and Sports Activities Preschool Total Income from charitable activities A2 Income from other, non charitable, trading activities Fundraising activities Canteen Sales Car Park Total Income from other, non charitable, trading activities A3 *Summary of Total Income, including the items above* Charitable activities A2 Other activities A3 Donations & Legacies A1 Investment income A4 Other income A5 Total income as shown in the SOFA A *Categories of income* Income from exchange transactions	2022 £ 49,300 61,356 169,438 280,094 1,191 919 1,300 3,410 280,094 3,410 224,558 292 6,034 514,388 514,388	2021 - 27,113 33,195 149,544
		209,852
		1,245 329 1,289
		2,863
		209,852 2,863 99,074 29 -
		311,818
		311,818

34 Analysis of charitable expenditure by activity

Activity

Direct costs 2022 £ *Lettings* Direct costs 33,953 Employee costs not included in direct cos - Premises expenses - Administrative overheads - Professional fees - Financial costs - Total Lettings 33,953	Support costs 2022 £ - 12,210 9,059 718 1,097 2,621 25,705	Grant funding of activities 2022 £ - - - - - - -	Total 2022 £ 33,953 12,210 9,059 718 1,097 2,621 59,658	Total 2021 £ 3,074 6,253 4,594 774 969 1,920
				17,584

YMCA Taunton

Activity analysis of Income and expenditure for the for the year ended 31 August 2022

*Youth Club and Sports Activities* Direct costs Charitable trading costs Employee costs not included in direct cos Premises expenses Administrative overheads Professional fees Financial costs Total Youth Club and Sports Activities *Preschool* Direct costs Charitable trading costs Employee costs not included in direct cos Premises expenses Administrative overheads Professional fees Financial costs Total Preschool		Direct costs 2022 £ 42,056 26,391 - - - - - 68,447 Direct costs 2022 £ 116,907 141,020 - - - - - 257,927	Support costs 2022 £ - - 15,124 11,221 890 1,359 3,246 31,840 Support costs 2022 £ - - 42,041 31,193 2,474 3,778 9,024	Grant funding of activities 2022 £ - - - - - - - - Grant funding of activities 2022 £ - - - - - - - -	Total 2022 £ 42,056 26,391 15,124 11,221 890 1,359 3,246 100,287 Total 2022 £ 116,907 141,020 42,041 31,193 2,474 3,778 9,024 346,437	Total 2021 £ 3,765 25,863 7,659 5,627 948 1,187 2,352
						47,401
						Total 2021 £ 16,989 111,306 34,562 25,393 4,277 5,355 10,612
			88,510			208,494

Summary of charitable costs by activity

Total Lettings Total Youth Club and Sports Activities Total Preschool Total Governance costs as detailed in Note 31 Total charitable expenditure	Direct costs 2022 £ 33,953 68,447 257,927 - 360,327	Support costs 2022 £ 25,705 31,840 88,510 2,000	Grant funding of activities 2022 £ - - - - -	Total 2022 £ 59,658 100,287 346,437 2,000 508,382	2,000 Total 2021 £ 17,584 47,401 208,494
		148,055			275,479

The basis of allocation of costs between activities is described under accounting policies

YMCA Taunton

Activity analysis of Income and expenditure for the for the year ended 31 August 2022

The breakdown of this expenditure by type of spending (ie nominal classification) is detailed in note 32

Analysis of support and governance costs by charitable activities

Activity Lettings Youth Club and Sports Activities Preschool Grand Total	Governance 352 436 1,212 2,000	Finance 2,621 3,246 9,024 14,891	Human Resources 12,210 15,124 42,041 69,375	Other Overheads 10,874 13,470 37,445 61,789	Total 26,057 32,276 89,722
					148,055

35 Analysis of non charitable expenditure by activity

Activity

*Governance costs* Other Expenditure - Governance costs as detailed in Note 31	Governance costs 2022 £ 2,000	Governance costs 2021 £ 2,000

The breakdown of this expenditure by type of spending (ie by nominal classification and by fund) is detailed in note 0

36 Carrying value of work in progress analysed between activities

	2022	2021
	£	£
Preschool	100	100