## **YMCA** TAUNTON
Report and Accounts 31[st] August 2023
**Charity Registration Number:** -1152585
YMCA Taunton Lisieux Way TA12LB www.ymcataunton.co.uk
**Accounts prepared by:** Karen Nobes BA(hons), ACMA, CTA Polden Accountants Ltd Poplar Farm Burtle Road Burtle
Somerset TA7 8NB
YMCA TAUNTON
Bringing meaningful change to children, families
and the community by developing innovative,
community-bosed solutions to sociol issues
IMPACT REPORT 2022123
At YMCA Taunton, we ore proud to provide significant impact to our local community
whilst continuing our facilities refurbishment programme
YOUNG PEOPLE INTERACTIONS
19,135 Y
oung People Attonded Activities
970 Young Person Interactions Iyouth Clubl
47 Young Carors Supported
561 Young Carer Interactions
45 Pre-schoolers Educated
"My son has really grown in confidence since starting
at YMCA. He's made some great friends, hos a
wonderful support network from the staff ond hos
developed in so many woys"
Pre-school Parent
869 Children's Hot Meols
557 Sofe Holiday Spoces
COMMUNITY ENGAGEMENTS
16,469+ Meals
94 Young Carers Seosonal Gift Baskets
COMMUNITY HEALTH AND WELLBEING ACTIVITIES
37 Different Sports & Fitness Classes
2 Community Cooks
3 Mentol Hoolth First Aiders
I ASIST Caregiver
INCOME
£311,666
9 Volunteers
Corporate Partners
100% Staff BelieveYMCA Taunton Operates
In A Socially Acceptable Manner
Yn¢A
Here for young people YMCA erKJbles people to develop their full potentiol in mind, body ond spiriL
Here for communities
Inspired by, and faithful to, our Christion volue5. we create supportive, inclusive and
Here for you
energi5ing communities, where young people con truly belong, contribute ond thrive.
HOUSING
SUPPORT& ADVICE
## **YMCA Taunton**
## **Report and accounts for the year ended 31 August 2023**
## **Contents**
||**Page**||
|---|---|---|
|**Trustees'** **Annual** **Report**||1|
|**Independent** **Examiner's** **Report**||5|
|**_Funds_** **_Statements:-_**|||
|Statement of Financial Activities||7|
|Statement of Financial Activities - Prior Year statement||8|
|Movements in funds||9|
|Revenue Funds||9|
|Income and Expenditure account||10|
|**Balance** **sheet**||11|
|**Notes** **to** **the** **accounts**||12|
## **YMCA Taunton Report of the Trustees for the Year Ended 31st August 2023**
## **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 2023. 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 1[st] January 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**
We are a Christian organisation but welcome all religious faiths and beliefs. The trustees have had regard to the Charity Commission's general guidance on public benefit, when reviewing the charity's objectives and in planning future activities for the year. YMCA Taunton aims to encourage and nurture the physical, spiritual and intellectual development of young people within the Taunton Deane constituency so they can truly belong, contribute and thrive.
As a small charity, we feel we 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.
## **How we make a difference - How our charity's performance has influenced the lives of young people**
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; and
- 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.
The YMCA Taunton has facilitated over 19,000 engagements with young people, which included in excess of 970 youth club attendances and 45 preschoolers educated over the course of the year. Our youth team have delivered open access youth services, supporting 47 individual young carers, and provided 557 safe spaces with engaging activities for young people during school holidays throughout the year. In addition the team delivered a creative music and media project for young carers with Bath Philharmonia and two cricket coaching programmes (‘All Stars’ and ‘Dynamics’) for young people with Somerset Cricket Foundation.
Hosting at the Centre included fortnightly Talking Cafes with the Community Council of Somerset (CCS) providing support and signposting to the Community. NHS Health Coaches also used our facilities to
1
deliver health and wellbeing guidance and activities, and Somerset Activity & Sports Partnership (SASP) provided fun and informal rounders games particularly aimed at mums, grandmothers, families and carers in our sports hall.
In addition to over 35 sporting activities hosted at the centre, our 2 community cooks assisted by one volunteer chef have provided more than 860 hot meals to children. Our Food service provision continued post COVID with a free to access food parcel service providing over 16,000 meals to those in need.
## **Fundraising activities during the year.**
To deliver our core objectives, YMCA Taunton raise funds through a range of activities and room hire, such as, venue hire for training courses and sporting activities, prize bingo, raffles and events. In addition, our Pre-School also provides an important source of additional revenue.
Grants and Donations are also an important source of income. In addition to our 6 corporate partners (ASDA, Co-op, Lidl, Marks and Spencer, Sainsburys, B&Q) we would also like to acknowledge and thank our sponsors for their financial assistance in funding a variety of different initiatives:
- TK Maxx
- Somerset Community Foundation Cost of Living Fund
- Somerset Community Foundation Cost of Living Fund - Foodbanks
- Sainsburys
- Marks & Spencer
- Somerset West & Taunton Council Local Lottery Community Funding
- YMCA South-West Trust Fund
Overall business income (including operational grants and donations) for the year ending 31st August 2023 of £311,666. Included in our results for the previous year (2021/22) were grants received for our major building renovation initiative (£164,318) and the Covid Kickstarter program (£13,498) which were not replicated in this year’s financial results. These grants should be taken into consideration when comparing our results against the previous year’s overall business income, which showed a decrease of £24,906 or -9.3%. Operating costs were kept to a manageable level and as a result, the association’s income generating activities, produced a net operating surplus carried forward to our reserves of £2,840.
Our financial strategy has focused both on developing income to provide our youth services and also upgrade our facilities to ensure that our centre will continue to deliver community services for many years to come.
## _**Examples of improvements:**_
- _Mains electrics upgrade: New fuseboards and wiring alterations_
- _Replacement LED lighting to the Rowlands Room_
- _Replacement of upstairs flooring_
- _Front elevation external painting_
- _New Preschool external signage_
- _Replacement of Preschool external play-surface_
- _New Preschool construction learning zone_
2
## **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 18th June 2024.
## **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: £90,111
- Funds available for the general purposes of the charity excluding fixed assets: Unrestricted Revenue Funds: £204,899
## **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 objectives. The association is committed to attracting new board members and are actively seeking to increase the pool of Governance Members through which future trustees will be sought.
Finally, I would like to recognise and thank our team, that is, our employees, our volunteers and our trustees for their continued hard work and the support they have provided over the last 12 months. 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 the hub of our community. I am confident with your help, the charity can continue to grow over the coming years, broadening the scope of our work with the children and young people within our catchment area. Thank you for your efforts.
Dr Nick Low
3
Registered Charity number: 1152585
Principal address: Lisieux Way Taunton Somerset TA1 2LB Trustees
The following persons served as Trustees during the year ended 31st August 2023:
N Low (Chair)
A White (Vice Chair) Z Coulson
Independent examiner
Accounts prepared by: Karen Nobes BA (hons), ACMA, CTA Polden Accountants Ltd Poplar Farm Burtle Road Burtle Somerset TA7 8NB
4
## **YMCA Taunton**
## **Report of the Independent Examiner to the Trustees of the charity on the accounts for the year ended 31 August 2023**
I report to the Trustees on my examination of the financial statements of YMCA Taunton on pages 12 to 20 for the year ended 31 August 2023 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by 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) , and under the historical cost convention and the accounting policies set out on page 19.
## **Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report**
As described on page 0, you, the charity's Trustees, are responsible for the preparation of the financial statements in accordance with the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.
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. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.
Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-
a) examine the financial statements of the charity under Section 145 of the Act;
b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Basis of Independent Examiner's Statement and scope of work undertaken**
Since the charity's gross income exceeded £250,000, the charity's examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am an authorised member of Chartered Management Accountants, which is one of the listed bodies.
I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charity and of the accounting systems employed by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.
The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide
Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.
5
## **YMCA Taunton**
## **Independent Examiner's Statement, Report and Opinion**
Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-
The gross income of the charity in the year ended 31 August 2023 appears to exceed the sum specified in Section 145(3) of the Act, namely £250000, and that I am qualified to act as Independent Examiner in accordance with that section by virtue of my being a qualified member of Chartered Management Accountants;
This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;
and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-
accounting records were not kept in respect of the charity as required by with Section 130 of The Charities Act 2011;
the financial statements do not accord with those records; or
the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view, which is not a matter considered as part of an independent examination;
have not been prepared in accordance with the methods and principles set out in 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).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
## **Signed:-**
Karen Nobes - Independent Examiner
Chartered Management Accountants
Poplar Farm Burtle Road Burtle Somerset TA7 8NB
This report was signed on 24 June 2024
6
## **YMCA Taunton - Statement of Financial Activities for the year ended 31 August 2023**
## _**Statement of Financial Activities for the year ended 31 August 2023**_
|**SORP**
**Ref**
**Current** **year**
**Income** **&** **Endowments** **from:**
Donations & Legacies
A1
13,829
Charitable activities
A2
278,159
Other trading activities
A3
5,327
Investments
A4
3,901
Other
A5
-
**Total** **income**
**A**
**301,216**
**Expenditure** **on:**
Charitable activities
B2
298,376
Other
B3
-
**Total** **expenditure**
**B**
**298,376**
**Net** **income** **for** **the** **year**
**2,840**
**Net** **income** **after** **transfers**
**A-B-C**
**2,840**
**Net** **movement** **in** **funds**
**2,840**
**Reconciliation** **of** **funds:-**
**E**
**Total** **funds** **brought** **forward**
292,170
**Total** **funds** **carried** **forward**
**295,010**
**Unrestricted**
**Funds**
**2023**
**£**|
**Current** **year**
13,829
278,159
5,327
3,901
-
**Unrestricted**
**Funds**
**2023**
**£**|**Current** **year**
10,450
-
-
-
-
**Restricted**
**Funds**
**2023**
**£**|**Current** **year**
-
-
-
-
-
**-**
-
-
**-**
**-**
**-**
**-**
105
**105**
**Endowment**
**Funds**
**2023**
**£**|**Current** **year**
**24,279**
**278,159**
**5,327**
**3,901**
**-**
**Total** **Funds**
**2023**
**£**|**Prior** **Year**
224,559
280,094
3,410
292
6,033
**Total** **Funds**
**2022**
**£**|
|---|---|---|---|---|---|
||**301,216**|**10,450**||**311,666**|**514,388**|
||298,376
-|10,450
-||**308,826**
**-**|508,382
-|
||**298,376**|**10,450**||**308,826**|**508,382**|
|||||||
||**2,840**|**-**||**2,840**|**6,006**|
|||**-**||**2,840**|**6,006**|
||**2,840**
292,170|**-**
97,435||**2,840**
**389,710**|**6,006**
383,704|
||**295,010**|**97,435**||**392,550**|**389,710**|
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 12 to 33 form an integral part of these accounts.**
7
**YMCA Taunton - Statement of Financial Activities for the year ended 31 August 2023**
## **YMCA Taunton - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP**
|**SORP**
**Ref**
**Income** **&** **Endowments** **from:**
Donations & Legacies
A1
Charitable activities
A2
Other trading activities
A3
Investments
A4
Other
A5
**Total** **income**
**A**
**Expenditure** **on:**
Raising funds
B1
Charitable activities
Other
Tax on surplus on ordinary activit
Other taxation
B2
B3
B3
B3
**Total** **expenditure**
**B**
Net gains on investments
B4
**Net** **income** **for** **the** **year**
**Transfers** **between** **funds**
**C**
**Net** **income** **after** **transfers**
**Net** **movement** **in** **funds**
**Reconciliation** **of** **funds:-**
**Total** **funds** **brought** **forward**
**E**
**Total** **funds** **carried** **forward**|
**Prior** **Year**
45,569
280,094
3,410
292
6,033
**Unrestricted**
**Funds**
**2022**
**£**|**Prior** **Year**
178,990
-
-
-
-
**Restricted**
**Funds**
**2022**
**£**|**Prior** **Year**
-
-
-
-
-
-
-
-
-
-
-
**-**
-
-
-
-
**-**
105
**105**
**Endowment**
**Funds**
**2022**
**£**|**Prior** **Year**
**224,559**
**280,094**
**3,410**
**292**
**6,033**
**514,388**
**-**
**508,382**
**-**
**-**
**-**
**508,382**
-
6,006
**-**
6,006
**6,006**
**383,704**
**Total** **Funds**
**2022**
**£**|
|---|---|---|---|---|
||335,398|178,990|||
||-
313,771
-
-
-|-
194,611
-
-
-|||
||**313,771**|**194,611**|||
||-
21,627
-|-
(15,621)
-|||
||21,627|(15,621)|||
||**21,627**
270,543|**(15,621)**
113,056|||
||**292,170**|**97,435**||**389,710**|
## **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 12 to 33 form an integral part of these accounts.**
8
## **YMCA Taunton - Statement of Financial Activities for the year ended 31 August 2023**
**YMCA Taunton - Resources applied in the year ended 31 August 2023 towards fixed assets for Charity use:-**
|Funds generated in the year as detailed in the SOFA
Resources applied on functional fixed assets
Other applications of funds
**Net** **resources** **available** **to** **fund** **charitable** **activities**|**2023**
**£**
2,840
-
-
**2,840**|**2022**
**£**
6,006
-
-|
|---|---|---|
|||
**6,006**|
**The notes attached on pages 12 to 33 form an integral part of these accounts.**
## **Movements in revenue and capital funds for the year ended 31 August 2023**
## **Revenue accumulated funds**
|Accumulated funds brought forward
Recognised gains and losses before
transfers
**Closing** **revenue** **funds**|**Unrestricted**
**Funds**
**2023**
**£**
292,170
2,840|**Restricted**
**Funds**
**2023**
**£**
97,435
-
**97,435**|**Endowment**
**Funds**
**2023**
**£**
105
-
**105**
**105**|**Total**
**Funds**
**2023**
**£**
389,710
2,840
**392,550**|**Last** **year**
**Total** **Funds**
**2022**
**£**
**383,704**
6,006|
|---|---|---|---|---|---|
||**295,010**||||**389,710**|
||**295,010**|**97,435**||**392,550**|**389,710**|
**Designated revenue funds included within the unrestricted funds above**
|**Designated** **revenue** **funds** **included** **within** **the** **unrestricted** **funds** **above**|||
|---|---|---|
|At 1 September
Transfer (to)/from revenue accumulated funds
**At** **31** **August**|**Total**
**Funds**
**2023**
**£**
133,035
(20,000)|**Last** **year**
**Total** **Funds**
**2022**
**£**
133,035
-|
||113,035|133,035|
The purposes for which these funds have been designated are described in Note 20 to the accounts.
|**Summary** **of** **funds**
**Unrestricted**
**and**
**Designated** **funds**
**Restricted**
**Funds**
**2023**
**2023**
**£**
**£**
Revenue accumulated funds
181,975
97,435
Revenue designated funds
113,035
-
**Total** **funds**
**295,010**
**97,435**|**Summary** **of** **funds**
**Unrestricted**
**and**
**Designated** **funds**
**Restricted**
**Funds**
**2023**
**2023**
**£**
**£**
Revenue accumulated funds
181,975
97,435
Revenue designated funds
113,035
-
**Total** **funds**
**295,010**
**97,435**|**Summary** **of** **funds**
**Unrestricted**
**and**
**Designated** **funds**
**Restricted**
**Funds**
**2023**
**2023**
**£**
**£**
Revenue accumulated funds
181,975
97,435
Revenue designated funds
113,035
-
**Total** **funds**
**295,010**
**97,435**|**Endowment**
**Funds**
**2023**
**£**
105
-
**105**|**Total**
**Funds**
**2023**
**£**
**279,515**
**113,035**|**Last** **Year**
**Total** **Funds**
**2022**
**£**
256,675
133,035|
|---|---|---|---|---|---|
||**295,010**|**97,435**||**392,550**|**389,710**|
**The notes attached on pages 12 to 33 form an integral part of these accounts.**
9
## **YMCA Taunton - Statement of Financial Activities for the year ended 31 August 2023**
## **YMCA Taunton**
**Income and Expenditure Account for the year ended 31 August 2023 as required by the Companies Act 2006**
|**_Income_**
Income from operations
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
Realised losses on disposals of tangible fixed assets held for the charity’s own use
**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**
All activities derive from continuing operations|**2023**
**£**
307,765
3,901
-|**2022**
**£**
508,063
292
6,033|
|---|---|---|
||**311,666**|**514,388**|
||**311,666**|**514,388**|
||319,711
(12,885)
2,000
-
-|491,706
14,676
2,000
-
-|
||**308,826**|**508,382**|
||**2,840**
-|**6,006**
-|
||**2,840**|**6,006**|
||**2,840**|**6,006**|
||||
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 12 to 33 form an integral part of these accounts.**
10
**YMCA Taunton - Balance Sheet as at 31 August 2023**
|**SORP**
Note **Ref**
**2023**
**£**
**Fixed** **assets**
A
Tangible assets
10
A2
91,316
**Current** **assets**
B
Stocks
B1
100
Debtors
12
B2
24,092
Cash at bank and in hand
B4
390,656
**Total** **current** **assets**
414,848
**Creditors:** **amounts** **falling** **due** **within**
**one** **year**
13
C1
(113,614)
**Net** **current** **assets**
301,234
**The** **total** **net** **assets** **of** **the** **charity**
**392,550**|**2022**
**£**
78,431
100
23,064
450,428
473,592
(162,313)
311,279
**389,710**|**2022**
**£**
78,431
100
23,064
450,428
473,592
(162,313)
311,279
**389,710**|
|---|---|---|
||||
|||**389,710**|
|**The** **total** **net** **assets** **of** **the** **charity** **are** **funded** **by** **the** **funds** **of** **the**
**Endowment** **funds**
Endowment Revenue Funds
18 D1
105
**Restricted** **funds**
Restricted Revenue Funds
18 D2
97,435
**Unrestricted** **Funds**
Unrestricted Revenue Funds
18 D3
181,975
**Designated** **Funds**
Designated Revenue Funds
18 D3
113,035
**Total** **charity** **funds**|**charity,** **as** **follows:-**
105
105
97,435
97,435
159,135
181,975
133,035
113,035
**392,550**|
105
97,435
159,135
133,035|
|---|---|---|
|||**389,710**|
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 charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 6.
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.
**----- Start of picture text -----**
Companies Act 2006.
**----- End of picture text -----**
Mr Nicolas Low Trustee Approved by the board of trustees on 18 June 2024
**The notes attached on pages 12 to 33 form an integral part of these accounts.**
11
## **YMCA Taunton**
## **Notes to the Accounts for the year ended 31 August 2023**
## **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 reasoable accuracy and there is 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 2024, 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.
12
## **YMCA Taunton**
## **Notes to the Accounts for the year ended 31 August 2023**
## **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.
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'_
13
## **YMCA Taunton**
## **Notes to the Accounts for the year ended 31 August 2023**
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.
**Premises related costs** - on the proportion of income generated.
**Non specific support costs** - in proportion to income generated **.**
## **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.
14
## **YMCA Taunton**
## **Notes to the Accounts for the year ended 31 August 2023**
## _**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.
An adjustment has been included in the accounts to correct depreciation charges included in the previous year in error.
## **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.
## **Stocks and work in progress**
Stock is valued at the lower of cost and net realisable value.
15
## **YMCA Taunton**
## **Notes to the Accounts for the year ended 31 August 2023**
## **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 resulting from a past event that will probably result in the transfer of funds to a third party and 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.
## **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.
16
## **YMCA Taunton**
## **Notes to the Accounts for the year ended 31 August 2023**
## **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**|||
|---|---|---|
||**2023**|**2022**|
||**£**|**£**|
|The net surplus before tax in the financial year is stated after charging:-|||
|Depreciation of owned fixed assets|(12,885)|14,676|
|Pension costs|6,763|6,608|
|**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.|||
|**Staff** **costs** **and** **emoluments**|||
|**_Salary_** **_costs_**|**2023**|**2022**|
||**£**|**£**|
|Gross Salaries excluding trustees and key management personnel|221,527|206,750|
|Employer's National Insurance for all staff|14,733|12,405|
|Employer's operating costs of defined|||
|contribution pension schemes|6,763|6,608|
|**Total** **salaries,** **wages** **and** **related** **costs**|**243,023**|**225,763**|
|The average number of part time staff employed in the year was|8|12|
|The average number of full time staff employed in the year was|7|8|
|The estimated full time equivalent number of all staff employed in the year was|12|14|
|**_The_** **_estimated_** **_equivalent_** **_number_** **_of_** **_full_** **_time_** **_staff_** **_in_** **_different_** **_activities_** **_in_** **_the_** **_year_** **_was:-_**|||
|Youth Club and Sports Activities|2|2|
|Pre-School|7|9|
|Administration and Support Staff|3|3|
|**_The_** **_estimated_** **_full_** **_time_** **_equivalent_** **_number_** **_of_** **_all_** **_staff_** **_employed_** **_as_** **_above_**|12|14|
## **6 The contribution of volunteers**
## **7 Staff costs and emoluments**
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.
17
## **YMCA Taunton**
## **Notes to the Accounts for the year ended 31 August 2023**
## **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 2022
**At** **31** **August** **2023**
**Depreciation**
At 1 September 2022
Charge for the year
**At** **31** **August** **2023**
**Net** **book** **value**
**At** **31** **August** **2023**
**At** **31** **August** **2022**
**_Prior_** **_Year_**
**Cost**
01 September 2021
**31** **August** **2022**
**Depreciation**
01 September 2021
Charge for the year
**31** **August** **2022**
**Net** **book** **value**
**31** **August** **2022**
**31** **August** **2021**
**11Stocks** **&** **Work** **in** **Progress**
Stocks before write downs|**Land** **and**
**Buildings**
**Plant** **&**
**Machinery**
£
£
133,445
38,469|**Motor**
**Vehicles**
**Total**
**Total**
£
£
£
-
171,914
171,914|
|---|---|---|
||**133,445**
**38,469**|**-**
**171,914**
**171,914**|
||36,693
56,790
5,436
(18,321)|-
93,483
93,483
-
(12,885)
(12,885)|
||**42,129**
**38,469**|**-**
**80,598**
**80,598**|
||**91,316**
**-**|**-**
**91,316**
**91,316**|
||||
||**96,752**
**(18,321)**|**-**
**78,431**
**78,431**|
||**Land** **and**
**Buildings**
**Plant** **&**
**Machinery**
£
£
133,445
38,469|**Motor**
**Vehicles**
**Total**
**Total**
£
£
£
-
171,914
171,914|
||**133,445**
**38,469**|**-**
**171,914**
**171,914**|
||31,257
47,550
5,436
9,240|-
78,807
78,807
-
14,676
14,676|
||**36,693**
**56,790**|**-**
**93,483**
**93,483**|
||**96,752**
**(18,321)**|**-**
**78,431**
**78,431**|
||||
||**102,188**
**(9,081)**|**-**
**93,107**
**93,107**|
|||**2023**
**£**
**2022**
**£**
100
100
100
100|
18
## **YMCA Taunton**
## **Notes to the Accounts for the year ended 31 August 2023**
_**Analysis of the carrying value of stocks and work in progress by activities**_
|**_Activity_**
Pre-School
**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|**_Stocks_**
**2023**
**2022**
**£**
**£**
100
100|
|---|---|
||100
100|
||**2023**
**2022**
**£**
**£**
19,720
19,716
2,114
2,316
2,259
1,032|
||**24,093**
**23,064**|
||**2023**
**2022**
**£**
**£**
8,649
28,313
93,277
123,114
4,385
3,583
7,303
7,303|
||**113,614**
**162,313**|
## **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.
|**Income** **and** **Expenditure** **account** **summary**
**At** **1** **September** **2022**
Surplus after tax for the year
**At** **31** **August** **2023**|**2023**
**£**
**2022**
**£**
389,710
383,704
2,840
6,006|
|---|---|
||**392,550**
**389,710**|
## **16 Income and Expenditure account summary**
19
## **YMCA Taunton**
## **Notes to the Accounts for the year ended 31 August 2023**
## **17 Particulars of how particular funds are represented by assets and liabilities**
|**At** **31** **August** **2023**
Tangible Fixed Assets
Current Assets
Current Liabilities
**At** **1** **September** **2022**
Tangible Fixed Assets
Current Assets
Current Liabilities|**Unrestricted**
**Designated**
**Endowment**
**Restricted**
**Total**
**Total**
**funds**
**funds**
**funds**
**funds**
**Funds**
**Funds**
**£**
**£**
**£**
**£**
**£**
**£**
91,316
-
-
-
**91,316**
**91,316**
207,197
110,111
105
97,435
**414,848**
**414,848**
(113,614)
-
-
-
**(113,614)**
**(113,614)**|
|---|---|
||**184,899**
**110,111**
**105**
**97,435**
**392,550**
**392,550**|
||**Unrestricted**
**Designated**
**Endowment**
**Restricted**
**Total**
**Total**
**funds**
**funds**
**funds**
**funds**
**Funds**
**Funds**
**£**
**£**
**£**
**£**
**£**
**£**
78,431
-
-
-
**78,431**
**78,431**
243,017
133,035
105
97,435
**473,592**
**473,592**
(162,313)
-
-
-
**(162,313)**
**(162,313)**|
||**159,135**
**133,035**
**105**
**97,435**
**389,710**
**389,710**|
20
## **YMCA Taunton**
## **Notes to the Accounts for the year ended 31 August 2023**
**18 Change in total funds over the year as shown in Note 17 , analysed by individual funds**
|||**Funds** **brought**|**Movement** **in**|**Transfers**|**Funds** **carried**|**Funds** **carried**|
|---|---|---|---|---|---|---|
|||**forward** **from**|**funds** **in** **2023**|**between**|**forward** **to**|**forward** **to**|
|||**2022**||**funds** **in** **2023**|**2024**|**2024**|
||||**See** **Note** **19**|**See** **Note** **0**|||
|||**£**|**£**|**£**|**£**|**£**|
||**_Unrestricted_** **_and_** **_designated_** **_funds:-_**||||||
||Unrestricted Revenue Funds|159,135|25,764|**20,000**|**204,899**|**204,899**|
||Designated Revenue Funds|133,035|(22,924)|**(20,000)**|**90,111**|**90,111**|
||**Total** **unrestricted** **and** **designated** **funds**|**292,170**|**2,840**|**-**|**295,010**|**295,010**|
||**_Restricted_** **_funds:-_**||||||
||Building Fund|45,133|-|-|**45,133**|**45,133**|
||Projects and Equipment|17,362|-|-|**17,362**|**17,362**|
||3g Pitch Fund|27,545|-|-|**27,545**|**27,545**|
||Yif Fund|7,395|-|-|**7,395**|**7,395**|
||**Total** **restricted** **funds**|**97,435**|**-**|**-**|**97,435**|**97,435**|
||**_Endowment_** **_funds:-_**||||||
||Sundry other funds|105|-|-|**105**|**105**|
||**Total** **endowment** **funds**|**105**|**-**|**-**|**105**|**105**|
||||||||
||**Total** **charity** **funds**|**389,710**|**2,840**|**-**|**392,550**|**392,550**|
||**Analysis** **of** **movements** **in** **funds** **over** **the** **year** **as** **shown** **in** **Note** **18**||||||
|**19**||||**Other**|||
|||**Income**|**Expenditure**|**Gains** **&**|**Movement**|**Movement**|
|||||**Losses**|**in** **funds**|**in** **funds**|
|||**2023**|**2023**|**2023**|**2023**|**2023**|
|||**£**|**£**|**£**|**£**|**£**|
||**_Unrestricted_** **_and_** **_designated_** **_funds:-_**||||||
||Unrestricted Revenue Funds|301,216|(275,452)|-|**25,764**|**25,764**|
||Designated Revenue Funds|-|(22,924)|-|**(22,924)**|
**(22,924)**|
||**_Restricted_** **_funds:-_**||||||
||Projects and Equipment|10,450|(10,450)|-|**-**|**-**|
|||**311,666**|**(308,826)**|**-**|**2,840**|**2,840**|
21
## **YMCA Taunton**
## **Notes to the Accounts for the year ended 31 August 2023**
## **20 The purposes for which the funds as**
## _**Unrestricted and designated funds:-**_
YMCA Taunton's Reserve Policy is to maintain sufficient levels to enable normal operating activities to continue over a period of up to 12 months, Unrestricted Revenue Funds 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 that has been designated by Designated Revenue Funds the trustees for an essential spend or particular future purpose. _**Restricted funds:-**_
Funds were received towards the improvements to the building which are Building Fund being depreciated on a straight line basis Funds were received towards the replacement of equipment which are being Projects and Equipment depreciated on a straight line basis Funds were received towards the replacement of the 3g pitch which is being 3g Pitch Fund depreciated on a straight line basis Funds were received that directly related to the spending on a youth Yif Fund initiative. - _**Endowment 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.
22
## **YMCA Taunton**
**Detailed analysis of income and expenditure for the year ended 31 August 2023 as required by the SORP 2015**
_**This analysis is classsified by conventional nominal descriptions and not by activity.**_
## **22 Donations, Grants and Legacies**
|**Donations,** **Grants** **and** **Legacies**|||||
|---|---|---|---|---|
|**Donations** **and** **gifts** **from** **individuals**
Small donations individually less than
£1000
**Total** **donations** **and** **gifts** **from**
**individuals**
**Revenue** **grants** **from** **government** **and**
**public** **bodies**
Small grants individually less than £1000
Somerset Communities
Somerset County Council
Young Carers
Coronavirus Job Retention Scheme
Avon and Somerset Police
DWP
Somerset West and Taunton Council
National Lottery Community Funding
**Total** **public** **sector** **revenue** **grants**|**Current** **year**
**Current** **year**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2023**
**2023**
**£**
**£**
3,433
-
**3,433**
**-**|**Current** **year**
**Endowment**
**Funds**
**2023**
**£**
-|**Current** **year**
**Total** **Funds**
**2023**
**£**
**3,433**
**3,433**|**Prior** **Year**
**Total** **Funds**
**2022**
**£**
3,850|
|||**-**||**3,850**|
||**Current** **year**
**Unrestricted**
**Funds**
**Current** **year**
**Restricted**
**Funds**
**2023**
**2023**
**£**
**£**
-
-
6,900
-
-
-
-
9,586
-
-
-
-
-
-
1,000
864
-
-|**Current** **year**
**Endowment**
**Funds**
**2023**
**£**
-
-
-
-
-
-
-
-
-|**Current** **year**
**Total** **Funds**
**2023**
**£**
**-**
**6,900**
**-**
**9,586**
**-**
**-**
**-**
**1,864**
**-**
**18,350**|**Prior** **Year**
**Total** **Funds**
**2022**
**£**
1,000
101,546
11,780
7,382
225
2,000
13,498
66,772
10,000|
||**7,900**
**10,450**|**-**||**214,203**|
23
## **YMCA Taunton**
**Detailed analysis of income and expenditure for the year ended 31 August 2023 as required by the SORP 2015**
**Revenue grants from government and public bodies - Prior Year analysis**
|**Prior** **Year**
**Revenue** **grants** **and** **donations** **from** **non**
**public** **bodies**
Small grants individually less than £1000
Arnold Clark
Allianz
Co-operative
Marks and Spencer
**Total** **private** **sector** **revenue** **grants**|**Prior** **Year**
**Prior** **Year**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2022**
**2022**
**£**
**£**
37,713
176,490|**Prior** **Year**
**Endowment**
**Funds**
**2022**
**£**
-|**Prior** **Year**
**Total** **Funds**
**2022**
**£**
**214,203**
**Current** **year**
**Total** **Funds**
**Prior** **Year**
**Total** **Funds**
**2023**
**2022**
**£**
**£**
**1,000**
-
**1,606**
**6,461**
**606**
500
**-**
2,500
**-**
1,000
**-**
2,461|
|---|---|---|---|
||**Current** **year**
**Unrestricted**
**Funds**
**Current** **year**
**Restricted**
**Funds**
**2023**
**2023**
**£**
**£**
1,000
-
**1,606**
**-**
606
-
-
-
-
-
-
-|**Current** **year**
**Endowment**
**Funds**
**2023**
**£**
-
-
-
-
-||
|||**-**||
**Revenue grants and donations from non public bodies (Include Gift Aid donations from subsidiaries) - Prior Year analysis**
|**Prior** **Year**|**Prior** **Year**
**Prior** **Year**
**Prior** **Year**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**2022**
**2022**
**2022**
**£**
**£**
**£**
3,961
2,500
-|**Prior** **Year**
**Total** **Funds**
**2022**
**£**
**6,461**|
|---|---|---|
24
## **YMCA Taunton**
**Detailed analysis of income and expenditure for the year ended 31 August 2023 as required by the SORP 2015**
||**Current** **year**|**Current** **year**|**Current** **year**|**Current** **year**|**Prior** **Year**|
|---|---|---|---|---|---|
||**Unrestricted**|**Restricted**|**Endowment**|**Total** **Funds**|**Total** **Funds**|
||**Funds**|**Funds**|**Funds**|||
||**2023**|**2023**|**2023**|**2023**|**2022**|
||**£**|**£**|**£**|**£**|**£**|
|**Membership** **subscriptions** **as** **donations**|890|-|-|890|45|
## **Total Donations, Grants and Legacies**
|**Total** **Donations,** **Grants** **and**
**A1**
**Legacies**
**_Prior_** **_year_**
**Total** **Donations,** **Grants** **and**
**A1**
**Legacies**|**13,829**|**10,450**|**-**
|**24,279**
|**224,559**
|
|---|---|---|---|---|---|
||**Unrestricted**
**Funds**
**2022**
**£**|**Restricted**
**Funds**
**2022**
**£**|**Endowment**
**Funds**
**2022**
**£**|**Prior** **Year**
**Total** **Funds**
**2022**
**£**
**224,559**
||
||**45,569**|**178,990**|**-**
|||
## **23 Income from charitable activities - Trading Activities**
|**_Current_** **_year_**
**Primary** **purpose** **and** **ancillary** **trading**
Youth Club and Social Activities
Pre-School
Letting of property for charitable purposes
**Total** **Primary** **purpose** **and** **ancillary**
**trading**|**Current** **year**
**Unrestricted**
**Funds**
**2023**
**£**
75,855
138,087
64,217|**Current** **year**
**Restricted**
**Funds**
**2023**
**£**
-
-
-|**Current** **year**
**Endowment**
**Funds**
**2023**
**£**
-
-
-|**Current** **year**
**Total** **Funds**
**2023**
**£**
**278,159**
**75,855**
**138,087**
**64,217**|**Prior** **Year**
**Total** **funds**
**2022**
**£**
**280,094**
61,356
169,438
49,300|
|---|---|---|---|---|---|
||**278,159**|**-**|**-**|||
## **24 Total Income from charitable activities**
|Total income from charitable trading
**Total** **from** **charitable** **activities**
**A2**
**_Current_** **_year_**|**Current** **year**
278,159
**Unrestricted**
**Funds**
**2023**
**£**|**Current** **year**
-
**Restricted**
**Funds**
**2023**
**£**|**Current** **year**
-
**Endowment**
**Funds**
**2023**
**£**|**Current** **year**
**278,159**
**278,159**
**Total** **Funds**
**2023**
**£**|**Prior** **Year**
**Total** **Funds**
**2022**
**£**
280,094|
|---|---|---|---|---|---|
||**278,159**|**-**|**-**||**280,094**|
|||25||||
## **YMCA Taunton**
**Detailed analysis of income and expenditure for the year ended 31 August 2023 as required by the SORP 2015**
## **25 Income from other, non charitable, trading activities**
|Car parking Income
Income from fundraising events
Canteen Sales
**Total** **from** **other** **activities**
**A3**
**26** **Investment** **income**
Bank Interest Receivable
**Total** **investment** **income**
**A4**
**27Other** **income** **and** **gains**
**_Current_** **_year_**
Insurance claims - Revenue items
**Total** **other** **income**
**A5**|**Current** **year**
**Unrestricted**
**Funds**
**2023**
**£**
1,487
1,992
1,848
**5,327**
**Current** **year**
**Unrestricted**
**Funds**
**2023**
**£**
3,901|**Current** **year**
**Restricted**
**Funds**
**2023**
**£**
-
-
-|**Current** **year**
**Endowment**
**Funds**
**2023**
**£**
-
-
-|**Current** **year**
**Total** **Funds**
**2023**
**£**
**1,487**
**1,992**
**1,848**
**5,327**
**Current** **year**
**Total** **Funds**
**2023**
**£**
**3,901**
**3,901**
**Current** **year**
**Total** **Funds**
**2023**
**£**
**-**
**-**|**Prior** **Year**
**Total** **Funds**
**2022**
**£**
1,300
1,191
919|
|---|---|---|---|---|---|
|||**-**|**-**||**3,410**|
|||**Current** **year**
**Restricted**
**Funds**
**2023**
**£**
-|**Current** **year**
**Endowment**
**Funds**
**2023**
**£**
-||**Prior** **Year**
**Total** **Funds**
**2022**
**£**
292|
||**3,901**|**-**|**-**||**292**|
||**Current** **year**
**Unrestricted**
**Funds**
**2023**
**£**
-|**Current** **year**
**Restricted**
**Funds**
**2023**
**£**
-|**Current** **year**
**Endowment**
**Funds**
**2023**
**£**
-
**-**||**Prior** **Year**
**Total** **Funds**
**2022**
**£**
6,033|
||**-**|**-**|||**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**
**2023**
**2023**
**£**
**£**
881
-|**Current** **year**
**Endowment**
**Funds**
**2023**
**£**
-|**Current** **year**
**Total** **Funds**
**2023**
**£**
**881**
**881**|**Prior** **Year**
**Total** **Funds**
**2022**
**£**
**192,916**|
|---|---|---|---|---|
||**881**
**-**|**-**||**192,916**|
26
## **YMCA Taunton**
**Detailed analysis of income and expenditure for the year ended 31 August 2023 as required by the SORP 2015**
|**_Prior_** **_Year_**
Grant Expenditure
**Total** **direct** **spending**
**B2a**|**Prior** **Year**
**Unrestricted**
**Funds**
**Prior** **Year**
**Restricted**
**Funds**
**2022**
**2022**
**£**
**£**
15,811
177,105|**Prior** **Year**
**Endowment**
**Funds**
**2022**
**£**
-|**Prior** **Year**
**Total** **Funds**
**2022**
**£**
**192,916**|
|---|---|---|---|
||**15,811**
**177,105**|**-**|**192,916**|
**29 Expenditure on charitable activities - Charitable trading**
|**_Current_** **_Year_**
Youth Club Expenditure
Pre-School Expenditure
**Total** **charitable** **trading** **costs**
**B2b**
**_Prior_** **_Year_**
Youth Club Expenditure
Pre-School Expenditure
**Total** **charitable** **trading** **costs**
**B2b**|**Current** **year**
**Unrestricted**
**Funds**
**Current** **year**
**Restricted**
**Funds**
**Current** **year**
**Endowment**
**Funds**
**2023**
**2023**
**2023**
**£**
**£**
**£**
**37,282**
**10,450**
**-**
**162,924**
**-**
**-**|**Current** **year**
**Total** **Funds**
**Prior** **Year**
**Total** **Funds**
**2023**
**2022**
**£**
**£**
**47,732**
**26,391**
**162,924**
**141,020**|
|---|---|---|
||
**200,206**
**10,450**
**-**|**210,656**
**167,411**|
||**Prior** **Year**
**Prior** **Year**
**Prior** **Year**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**2022**
**2022**
**2022**
**£**
**£**
**£**
26,166
225
-
141,020
-
-|**Prior** **Year**
**Total** **Funds**
**2022**
**£**
**26,391**
**141,020**
**167,411**|
||
**167,186**
**225**
**-**||
27
## **YMCA Taunton**
**Detailed analysis of income and expenditure for the year ended 31 August 2023 as required by the SORP 2015**
**30 Support costs for charitable activities**
|**Support** **costs** **for** **charitable** **activities**|**Support** **costs** **for** **charitable** **activities**|**Support** **costs** **for** **charitable** **activities**||
|---|---|---|---|
|**Current** **year**
**Current** **year**
**Current** **year**
**Unrestricted**
**Restricted**
**Endowment**
**_Current_** **_Year_**
**Funds**
**Funds**
**Funds**
**2023**
**2023**
**2023**
**£**
**£**
**£**
**_Employee_** **_costs_** **_not_** **_included_** **_in_** **_direct costs_**
Salaries - Administrative staff
62,594
-
-
Defined contribution pension cost -
4,519
-
-
administrative staff
Employers' NI - Administrative staff
5,289
-
-
Training and welfare - staff
511
-
-
Employers NI Allowance
(5,000)
-
-
Travel and subsistence - staff
663
-
-
**_Premises_** **_Expenses_**
Licence fees payable
159
-
-
Rates and water charges
4,243
-
-
Light heat and power
4,824
-
-
Cleaning and waste management
9,005
-
-
Premises repairs, renewals and
2,753
-
-
maintenance
Property insurance
7,901
-
-
**_Administrative_** **_overheads_**
Telephone, fax and internet
2,790
-
-
Postage
16
-
-
Stationery and printing
198
-
-
Hire of equipment
432
-
-
Sundry expenses
1,123
-
-
**_Professional_** **_fees_** **_paid_** **_to_** **_advisors_** **_other_** **_than_** **_the_** **_auditor_** **_or_** **_examiner_**
Accountancy fees other than
examination or audit fees
Other legal and professional
664
4,045
-
-
-
-
Affiliation Fees
1,100
-
-
**_Financial_** **_costs_**
Bank charges
345
-
-
Depreciation & Amortisation in total for
(12,885)
-
-
**Support** **costs** **before** **reallocation**
**95,289**
**-**
**-**
**Total** **support** **costs** **-** **Current** **Year**
**95,289**
**-**
**-**|||**Current** **year**
**Prior** **Year**
**Total** **Funds**
**Total** **Funds**
**2023**
**2022**
**£**
**£**
**62,594**
**61,694**
**4,519**
**4,506**
**5,289**
**5,755**
**511**
**150**
**(5,000)**
**(3,000)**
**663**
**270**
**159**
**159**
**4,243**
**4,552**
**4,824**
**6,186**
**9,005**
**9,381**
**2,753**
**24,600**
**7,901**
**6,596**
**2,790**
**2,496**
**16**
**2**
**198**
**159**
**432**
**480**
**1,123**
**945**
**664**
**4,045**
**664**
**4,115**
**1,100**
**1,454**
**345**
**215**
**(12,885)**
**14,676**|
||**95,289**
**-**
**95,289**
**-**|**-**|**95,289**
**146,055**
**95,289**
**146,055**|
|||**-**||
The basis of allocation of costs between activities is described under accounting policies
28
## **YMCA Taunton**
**Detailed analysis of income and expenditure for the year ended 31 August 2023 as required by the SORP 2015**
|**_Prior_** **_Year_**
**Prior** **Year**
**Prior** **Year**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2,022**
**2,022**
**£**
**£**
**_Employee_** **_costs_** **_not_** **_included_** **_in_** **_direct_** **_costs_**
Salaries - Administrative staff
Defined contribution pension cost -
administrative staff
Employers' NI - Administrative staff
Training and welfare - staff
Employers NI Allowance
Travel and subsistence - staff
**_Premises_** **_Expenses_**
Licence fees payable
Rates and water charges
Light heat and power
Cleaning and waste management
Premises repairs, renewals and
maintenance
Property insurance
**_Administrative_** **_overheads_**
Telephone, fax and internet
Postage
Stationery and printing
Hire of equipment
Sundry expenses
**_Professional_** **_fees_** **_paid_** **_to_** **_advisors_**
Accountancy fees other than
examination or audit fees
664
-
Other legal and professional
4,115
-
Affiliation Fees
1,454
-
**_Financial_** **_costs_**
Bank charges
215
-
Depreciation & Amortisation in total for
14,676
-
**_Support_** **_costs_** **_before_** **_reallocation_**
**128,774**
**17,281**
**Total** **support** **costs** **-** **Prior** **Year**
**128,774**
**17,281**
61,694
-
4,506
-
5,755
-
150
-
(3,000)
-
270
-
159
-
4,552
-
6,186
-
9,381
-
7,319
17,281
6,596
-
2,496
-
2
-
159
-
480
-
945
-|**_Prior_** **_Year_**
**Prior** **Year**
**Prior** **Year**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2,022**
**2,022**
**£**
**£**
**_Employee_** **_costs_** **_not_** **_included_** **_in_** **_direct_** **_costs_**
Salaries - Administrative staff
Defined contribution pension cost -
administrative staff
Employers' NI - Administrative staff
Training and welfare - staff
Employers NI Allowance
Travel and subsistence - staff
**_Premises_** **_Expenses_**
Licence fees payable
Rates and water charges
Light heat and power
Cleaning and waste management
Premises repairs, renewals and
maintenance
Property insurance
**_Administrative_** **_overheads_**
Telephone, fax and internet
Postage
Stationery and printing
Hire of equipment
Sundry expenses
**_Professional_** **_fees_** **_paid_** **_to_** **_advisors_**
Accountancy fees other than
examination or audit fees
664
-
Other legal and professional
4,115
-
Affiliation Fees
1,454
-
**_Financial_** **_costs_**
Bank charges
215
-
Depreciation & Amortisation in total for
14,676
-
**_Support_** **_costs_** **_before_** **_reallocation_**
**128,774**
**17,281**
**Total** **support** **costs** **-** **Prior** **Year**
**128,774**
**17,281**
61,694
-
4,506
-
5,755
-
150
-
(3,000)
-
270
-
159
-
4,552
-
6,186
-
9,381
-
7,319
17,281
6,596
-
2,496
-
2
-
159
-
480
-
945
-|**Prior** **Year**
**Endowment**
**Funds**
**2,022**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Prior** **Year**
**Total** **Funds**
**2022**
**£**
**664**
**4,115**
**1,454**
**215**
**14,676**
**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**|
|---|---|---|---|
||**128,774**
**17,281**|**-**|**146,055**
**146,055**|
||**128,774**
**17,281**|**-**||
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**
**Current** **year**
**Current** **year**
**Unrestricted**
**Restricted**
**Endowment**
**Funds**
**Funds**
**Funds**
**2023**
**2023**
**2023**
**£**
**£**
**£**
2,000
-
-
**2,000**
**-**
**-**|**Current** **year**
**Prior** **Year**
**Total** **Funds**
**Total** **Funds**
**2023**
**2022**
**£**
**£**
**2,000**
**2,000**
**2,000**
**2,000**|
|---|---|---|
29
## **YMCA Taunton**
**Detailed analysis of income and expenditure for the year ended 31 August 2023 as required by the SORP 2015**
**32 Total Charitable expenditure**
|**Total** **Charitable** **expenditure**||||||
|---|---|---|---|---|---|
|**_Current_** **_Year_**
Total direct spending
**B2a**
Total charitable trading costs
**B2b**
Total support costs
**B2d**
Total Governance costs
**B2e**
**Total** **charitable** **expenditure**
**B2**|**Current** **year**
**Unrestricted**
**Funds**
**2023**
**£**
881
200,206
95,289
2,000|**Current** **year**
**Restricted**
**Funds**
**2023**
**£**
-
10,450
-
-|**Current** **year**
**Endowment**
**Funds**
**2023**
**£**
-
-
-
-|**Current** **year**
**Total** **Funds**
**2023**
**£**
**881**
**210,656**
**95,289**
**2,000**
**308,826**|**Prior** **Year**
**Total** **Funds**
**2022**
**£**
**192,916**
**167,411**
**146,055**
**2,000**|
||**298,376**|**10,450**|**-**||**508,382**|
|**_Prior_** **_Year_**
**Prior** **Year**
**Unrestricted**
**Funds**
**2022**
**£**
Total direct spending
**B2a**
15,811
Total charitable trading costs
**B2b**
167,186
Total support costs
**B2d**
128,774
Total Governance costs
**B2e**
2,000
**Total** **charitable** **expenditure**
**B2**
**313,771**|**_Prior_** **_Year_**
**Prior** **Year**
**Unrestricted**
**Funds**
**2022**
**£**
Total direct spending
**B2a**
15,811
Total charitable trading costs
**B2b**
167,186
Total support costs
**B2d**
128,774
Total Governance costs
**B2e**
2,000
**Total** **charitable** **expenditure**
**B2**
**313,771**|**Prior** **Year**
**Restricted**
**Funds**
**Prior** **Year**
**Endowment**
**Funds**
**Prior** **Year**
**Total** **Funds**
**2022**
**2022**
**2022**
**£**
**£**
**£**
177,105
-
**192,916**
225
-
**167,411**
17,281
-
**146,055**
-
-
**2,000**|
|---|---|---|
||**313,771**|**194,611**
**-**
**508,382**|
30
## **YMCA Taunton**
**Activity analysis of Income and expenditure for the for the year ended 31 August 2023**
_**This analysis is classsified by activity and not by conventional nominal descriptions.**_
## **33 Analysis of income by activity**
|**Analysis** **of** **income** **by** **activity**|||
|---|---|---|
|**SOFA** **ref**
**Activity**
**Income** **from** **charitable** **activities**
Lettings
Youth Club and Sports Activities
Pre-School
**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|**2023**
**£**
64,217
75,855
138,087|**2022**
**-**
**49,300**
**61,356**
**169,438**|
||**278,159**|**280,094**|
||**1,992**
**1,848**
**1,487**|**1,191**
**919**
**1,300**|
||**5,327**|**3,410**|
||278,160
5,327
24,279
3,901
-|280,094
3,410
224,558
292
6,033|
||**311,667**|**514,387**|
||311,667|514,387|
## **34 Analysis of charitable expenditure by activity**
|**Activity**
**_Lettings_**
Grant Expenditure
Employee costs not included in direct co
Premises expenses
Administrative overheads
Professional fees
Financial costs
**Total** **Lettings**|**Direct**
**costs**
**Support**
**costs**
**Grant**
**funding** **of**
**activities**
**Total**
**Total**
**2023**
**2023**
**2023**
**2023**
**2022**
**£**
**£**
**£**
**£**
**£**
-
-
-
**-**
33,953
-
15,841
-
**15,841**
12,210
-
6,672
-
**6,672**
9,059
-
1,053
-
**1,053**
718
-
1,342
-
**1,342**
1,097
-
(2,897)
-
**(2,897)**
2,621
**-**
**22,011**
**-**
**22,011**
**59,658**|
|---|---|
31
## **YMCA Taunton**
**Activity analysis of Income and expenditure for the for the year ended 31 August 2023**
|**_Youth_** **_Club_** **_and_** **_Sports_** **_Activities_**
Grant Expenditure
Charitable trading costs
Employee costs not included in direct co
Premises expenses
Administrative overheads
Professional fees
Financial costs
**Total** **Youth** **Club** **and** **Sports**
**Activities**
**_Pre-School_**
Grant Expenditure
Charitable trading costs
Employee costs not included in direct co
Premises expenses
Administrative overheads
Professional fees
Financial costs
**Total** **Pre-School**
**Summary** **of** **charitable** **costs** **by** **activity**||**Direct**
**costs**
**2023**
**£**
881
47,732
-
-
-
-
-
**48,613**
**Direct**
**costs**
**2023**
**£**
-
162,924
-
-
-
-
-
**162,924**|**Support**
**costs**
**2023**
**£**
-
-
18,721
7,886
1,244
1,586
(3,423)|**Grant**
**funding** **of**
**activities**
**2023**
**£**
-
-
-
-
-
-
-
**-**
**Grant**
**funding** **of**
**activities**
**2023**
**£**
-
-
-
-
-
-
-|**Total**
**2023**
**£**
**881**
**47,732**
**18,721**
**7,886**
**1,244**
**1,586**
**(3,423)**
**74,627**
**Total**
**2023**
**£**
**-**
**162,924**
**34,014**
**14,327**
**2,261**
**2,881**
**(6,220)**|**Total**
**2022**
**£**
42,056
26,391
15,124
11,221
890
1,359
3,246|
|---|---|---|---|---|---|---|
||||**26,014**|||**100,287**|
||||**Support**
**costs**
**2023**
**£**
-
-
34,014
14,327
2,261
2,881
(6,220)|||**Total**
**2022**
**£**
116,907
141,020
42,041
31,193
2,474
3,778
9,024|
||||**47,263**|**-**|**210,187**|**346,437**|
||||||||
|Total Lettings
Total Youth Club and Sports Activities
Total Pre-School
Total Governance costs in Note 31
**Total** **charitable** **expenditure**|**Direct**
**costs**
**2023**
**£**
-
48,613
162,924
-
**211,537**|**Support**
**costs**
**2023**
**£**
22,011
26,014
47,263
2,000|**Grant**
**funding** **of**
**activities**
**2023**
**£**
-
-
-
-|**Total**
**2023**
**£**
22,011
74,627
210,187
2,000|**Total**
**2022**
**£**
59,658
100,287
346,437
2,000|
|---|---|---|---|---|---|
|||**97,288**|**-**|**308,825**|**508,382**|
The basis of allocation of costs between activities is described under accounting policies
The breakdown of this expenditure by type of spending (ie nominal classification) is detailed in note 32
|**Analysis** **of** **support** **and** **governance** **c**
**Activity**
Lettings
Youth Club and Sports Activities
Pre-School
**Grand** **Total**|**osts** **by** **charitable** **activities**
**Governance**
**Finance**
462
(2,897)
546
(3,423)
992
(6,220)
2,000
(12,540)|**osts** **by** **charitable** **activities**
**Governance**
**Finance**
462
(2,897)
546
(3,423)
992
(6,220)
2,000
(12,540)|**Human**
**Resources**
15,841
18,721
34,014|**Other**
**Overheads**
9,067
10,716
19,469
39,252|**Total**
22,473
26,560
48,255|
|---|---|---|---|---|---|
|||(12,540)|68,576||97,288|
32
## **YMCA Taunton**
**Activity analysis of Income and expenditure for the for the year ended 31 August 2023**
**35 Analysis of non charitable expenditure by activity**
|**Activity**
**_Governance_** **_costs_**
**Governance**
**costs**
**Governance**
**costs**
**2023**
**2022**
**£**
**£**
Other Expenditure - Governance costs as detailed in Note 31
2,000
2,000
The breakdown of this expenditure by type of spending (ie by nominal classification and by fund) is detailed in note 36
**36 Carrying** **value** **of** **work** **in** **progress** **analysed** **between** **activities**
**2023**
**2022**
**£**
**£**
Pre-School
**100**
**100**|**Governance**
**costs**
**2023**
**£**
2,000|**Governance**
**costs**
**2022**
**£**
2,000|
|---|---|---|
33