## Reports & Accounts 31st August 2025
YMCA Taunton Lisieux Way Taunton Somerset TA1 2LB
ymcataunton.co.uk Registered charity number: 1152585
**Accounts prepared by:** Karen Nobes BA(hons), ACMA, CTA Polden Accountants Ltd Poplar Farm Burtle Road Somerset TA7 8NB
## **OUR YEAR IN NUMBERS 24/25**
**----- Start of picture text -----**
Session interactions We provided
with our young carers
1209 603
340
YOUTH CLUB We supported
Interactions
YOUNG Safe Holiday Spaces
CARERS We provided
56
860
Seasonal gifts were
given to our young
Children’s Hot Meals
112 carers
7334
2498
COMMUNITY Cook at home meals
4544
MEALS
Young People INTERACTIONS COMMUNITY PANTRY
5 EVENTS helped to feed
Youth Clubs, Groups,
Holiday Activities, 300+ [Families]
HAF and Sports
13% increase PRESCHOOL
in the total 13%
number of 28,729
Young Carers Children Preschool
49
we support Educated Education Hours
Different sports Sport Sessions
and weekly for Young
24 1605 474
classes for People
all ages Adult Sport Sessions
Day Support Alt Education Events
We provided space for adults We provided space We held 11 events that
117 625
with learning disabilities to for alternative 11 were open to the whole
hours hours
receive support. education provision. community to enjoy.
**----- End of picture text -----**
19 Staff | 29 Volunteers | 6 Corporate Partners | 2 Community Cooks | 3 Mental Health First Aiders | 1 ASIST Caregiver
INCOME EXPENDITURE **People Supported 15% 15% 150[with the GDN Project]** increase in net Advice, information and support as part of £369,202 £371,776 turnover this collaborate cost of living project.
YMCA Taunton
Report and accounts for the year ended 31 August 2025
Contents
Page
Trustees. Annual Report
Chief Executive Officer's Report
Independent Examinerfs Report
Funds Ststements.'_
Statement of Finanaal Activities
13
Statement of Finanaal Activities- Prior Year statement
14
Movements in funds
16
Income and Expenditure account
17
Balance sheet
18
Notas to th• accounts
19
## **Report of the Trustees**
## **Year Ended 31st August 2025**
## **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 2025. 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**
YMCA Taunton aims to encourage and nurture the physical, spiritual and intellectual development of young people within the Taunton Deane catchment area. 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 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.
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.
The year saw the continued delivery of our transformational Youth Investment Fund programme following the award of £2.1 million funding through the Department for Culture, Media and Sport. This investment, delivered across multiple years, has enabled significant improvements to our facilities and services and will provide lasting benefits for young people in our community for many years to come.
This funding has enabled us to renovate our facility, adding an extra 230m2 of space which will enable us to extend our youth service offer to over 270 young people per week. The refurbishment however, did create major operational issues which impacted the level and depth of the service we were able to provide our local community. Despite the disruption bought about by the building work throughout the year, the charity was still able to deliver 474 sport sessions with young people through for instance Judo, Parkour, and Kickboxing. Over 1500 interactions also occurred through attendance at our youth club and during holiday club activities. In addition, the charity has interacted with young carers on 603 occasions and provided 340 Safe Holiday spaces. Our Preschool provided early years education for 49 young children, and space was allocated to partner organisations to facilitate 742 hrs of alternative education and support for young adults with learning disabilities. To support our local community through difficult times, 860 hot meals were provided to children in the local area together with over 340 children's breakfasts. Our community pantry also provided 7334 free meals together and 2498 “take and make” meal solutions.
## **Raising funds to support charitable activities**
To deliver our core objectives, to support and nurture the development of young people, YMCA Taunton raises funds through grants and room hire and through the income generated from a range of 24 different Sports and Fitness Classes including Badminton, Basketball, Football, Parkour, Judo and Kickboxing. In addition our new climbing wall will be available from winter 2025. Activities to improve strength, balance and flexibility, focused predominantly on adults over 50, are also provided including Aerobics, Short Tennis and Table Tennis.
Overall business income, excluding the grant provided through the Youth Investment Fund (£1,623,607), for the year ending 31st August 2025 was £369,202. This was an increase on the previous year, (excluding the 2024 grant from the Youth Investment Fund - £227,922) of £47,706 or 14.84%. Operating costs were kept to manageable levels, however the cost to provide our charitable services whilst conducting a major refit, resulted in a slight short fall (loss) in the year of £2574. Notwithstanding this small deficit, unrestricted funds increased during the year and the charity maintained a strong cash position.
The Trustees would like to thank everyone who supported YMCA Taunton through fundraising activities during the year. From local businesses and community partners to those attending events, making donations or contributing through collection pots, every contribution has helped us continue our work with children, young people and
families across our community. We are particularly grateful to Pophams Saddlery, Arty Rugs, Bargain Buys Taunton, its customers and all those who supported our bingo events and other fundraising initiatives.
Along with fund-raising activities, Grants and Donations are also an important source of income.
In addition to our 6 corporate partners (ASDA, Marks and Spencer, Lidl, Sainsburys, Morrisons and Co-op) we would also like to acknowledge and thank our sponsors for their financial assistance in funding a variety of different initiatives:
- **Kings College**
- **Pophams Saddlery**
- **Legacy Paul Harper**
- **Somerset Community Foundation**
- **Ridge & Partners**
- **YMCA England & Wales**
- **Tesco Stronger Starts**
- **High Sherriff**
- **Taunton Town Council**
- **Somerset Council**
- **Citizens**
- **YMCA England & Wales Cadent Gas Distribution Network**
- **Youth Investment Fund funded by the UK Government. With thanks to the Department of Culture, Media and Sport and the fund’s delivery partners: Social Investment Business**
## **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. Despite the significant increase in activity associated with the Youth Investment Fund programme, the charity remained financially stable throughout the year. Cash balances remained strong, unrestricted funds increased and the Board remains confident in the charity's ability to continue as a going concern whilst pursuing future growth and development opportunities. This financial report was approved by the board of trustees at the Annual General Meeting on 23[rd] June 2026 **.**
## **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. Whilst current free reserves remain below the Board's longterm aspiration, they continue to provide a solid foundation from which to manage risk and support future development. The Board are committed to building reserves up which currently stand as:
- Restricted Revenue Funds: £55,508
- Endowment Revenue Funds: £105
- Designated Funds: £93,035
- Funds available for the general purposes of the charity:
- Unrestricted Revenue Funds: £243,000
- Including Free Reserves £162,556
## **Volunteers Contribution**
I would like to extend my sincere thanks to the many volunteers who supported YMCA Taunton. During the year, 29 volunteers contributed more than 1,300 hours of their time to the charity. Using the National Living Wage applicable during the reporting period, this represents a contribution valued at over £16,000.
Trustees collectively contributed many additional hours throughout the year through governance, strategic planning, project oversight and attendance at meetings, all on a voluntary basis and without remuneration.
Our volunteers bring a wealth of skills, experience and commitment to the organisation, helping us to enhance our services, strengthen our governance and extend our reach within the community. On behalf of the Board, I would like to thank every volunteer for their generosity, dedication and continued support.
I would also like to recognise the commitment of our staff team, many of whom willingly contribute additional time to support events and activities throughout the year. Their dedication to YMCA Taunton and the people we serve is greatly appreciated.
## **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. These records 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.
Whilst the investment provided will significantly increase the scope and reach of our charitable activities, the refurbishment process would not have progressed without the support of the team, our employees, our volunteers and trustees. Managing to maintain the service we provided was not easy and your hard work, understanding and perseverance throughout the year was very much appreciated. With this work behind us, with your help the charity will continue to grow bringing meaningful change to young people within our catchment area. Thank you for your efforts.
## **Dr Nick Low**
## **Chair**
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:
N. Low (Chair)
- Z. Coulson (Vice Chair)
A. Winch
G. Le Piquet
The following persons served as Trustees during the year ended 31[st] August 2025:
N. Low (Chair)
- Z. Coulson (Vice Chair)
A. Winch
G. Le Piquet
## **Independent examiner**
Accounts prepared by:
Karen Nobes BA (hons), ACMA, CTA
Polden Accountants Ltd
Poplar Farm
Burtle Road
Burtle
Somerset
TA7 8NB
YMCA TAUNTON
Yn¢A
Chief Executive Officer's Report
Year Ended 31 August 2025
The 2024125 year has been one of the most
significant in YMCA Taunton's recent history.
It has been a year of transformation, challenge, resilience
and opportunity, laying the foundations for a stronger and
more sustainable future for the charity and the communities
we serve.
Throughout the year our focus remained firmly on supporting
children, young people and families across Taunton and the surrounding area. Whilst
much of our attention was understandably directed towards the delivery of the Youth
Investment Fund (YIF) project, our commitment to providing high-quality services
and opportunities for our community never wavered.
Following the award of £2. 1 million through the Youth Investment Fund, funded by
the Department for Culture, Media and Sport and delivered through the Social
Investment Business partnership, work commenced on a major refurbishment and
extension of our community centre. This investment represents the largest single
capital project undertaken by YMCA Taunton and will create lasting benefits for
generations of young people and families. The project has delivered significant
im provements to our faci l ities, including increased space, enhanced accessibility,
modernised infrastructure and new opportunities for youth work, sport, health and
wellbeingi training and community engagement.
Whilst the project is ultimately about creating better opportunities for young people,
the journey to achieve this was not without challenge. During much of the year, the
majority of YMCA centre staff operated from a temporary 20-foot shipping container
located in the car park. Working conditions were basic and often difficult, with staff
adapting to limited facilities and significant disruption whilst continuing to deliver
services to the community. Despite these challenges, our team remained focused,
professional and determined to ensure that support remained available to those who
needed it most.
The commitment shown by our staff throughout this period cannot be overstated.
Their resilience, adaptability and unwavering dedication enabled YMCA Taunton to
continue delivering services whilst simultaneously managing one of the largest
projects in the charity's history. I would like to place on record my sincere
appreciation for their professionalism and commitment throughout a demanding and
often challenging year.
Yn¢A
Il•t• y•¥¥ p••pl•
I would also like to recognise the patience, understanding and encouragement shown
by the children, young people, families, partner5 and community groups who
continued to engage with us throughout the refurbishment programme. Their support
reinforced the importance of the Services we provide and demonstrated the strength
of the relationships that YMCA Taunton has built within its community.
Our thanks also extend to Wrencon Ltd, our principal contractor, whose
professionalism, flexibi lity and collaborative approach were instrumental in the
successful delivery of the project. Throughout the programme they demonstrated a
genuine understanding of the operational requirements of a working charity and
worked with us to minimise disruption wherever possible. Their support helped
ensure that services could continue alongside construction activity and contributed
significantly to the success of the project.
Despite the challenges associated with the refurbishment programme, YMCA Taunton
continued to deliver a broad range of services and activities throughout the year.
Across all areas of the charity, thousands of interactions were recorded with children,
young people and families, reflecting both the continued demand for our services and
the dedication of our staff, volunteers and partners. A summary of the charity's
impact and key performance indicators for the year can be found within the Impact
in Numbers section of this report.
Our preschool continued to perform strongly throughout the year and remains an
important part of YMCA Taunton's work with children and families. Building on the
positive outcomes of its recent Ofsted inspection, the team maintained a high-quality,
inclusive and nurturing environment that supports children to learn, develop and
thrive.
Whilst overall child numbers remained broadly consistent with the previous year,
income increased through effective management of occupancy, session planning and
the allocation of funded hours. This reflects a strong understanding that long-term
sustainability is influenced not only by the number of children attending, but also by
ensuring that available places and fu nded provision are managed effectively to meet
both the needs of families and the financial requi rements of the setting.
This achievement is particularly noteworthy given the increasing complexity of needs
within the early years sector. The preschool continues to support a significant number
of ch ildren with special educational needs and d isabilities, requiring enhanced levels
of support, partnership working and specialist expertise. I am extremely proud of the
dedication, professionalism and compassion demonstrated by the preschool team in
ensuring that every child is given the opportunity to reach their full potential.
The preschool's success during the year is testament to the skill and commitment of
the team, whose focus on quality, inclusion and effective management has enabled
the provision to remain both impactful and financially sustainable.
Volunteers remain an essential part of YMCA Taunton. During the year, 29 volunteers,
including members of our Board of Trustees, contributed more than 1,300 hours in
support of our work. Their contribution covered a wide range of activities including
events, photography, videography, information tech nology, public relations,
hospitality, youth activities and practical support across the organisation. Based on
the National Living Wage applicable during the reporting period, thi5 contribution was
valued at more than £16,000. We are deeply grateful for the commitment, expertise
and generosity that our volunteers bring to the charity.
We are equally grateful to our many supporters, donors, funders and local businesses
who have contributed to our fundraising efforts throughout the year. Whether
through attending events, making donations, supporting fundraisi ng initiatives or
contributing through collection pots and community campaigns, every contribution
has helped us continue our work and extend our reach within the community.
would also like to thank our Board of Trustees for their continued guidance,
oversight and support throughout a period of significant organisational change. Their
commitment, expertise and willingness to provide challenge and strategic direction
have been invaluable during one of the most ambitious periods in the charity's
history.
Financiallyi the charity remained stable throughout a year of exceptional activity. The
financial statements reflect a significant increase in both income and expenditure,
primarily due to the phased delivery of the multi-year Youth Investment Fund
programme. This should be viewed as a transformational investment project rather
than a permanent increase in normal operating activity. Despite the scale of work
undertaken, the charity maintained a strong cash position and healthy unrestricted
reserves, providing a solid platform from which to continue developing services and
responding to futu re opportunities.
One of the most important outcomes of the Youth Investment Fund programme
extends beyond the physical improvements to our facilities. Through the support
available alongside the capital investment, YMCA Taunton has been able to
strengthen its organisational capacity, recruit new staff, develop leadership
capabilityi invest in systems and processe5 and undertake significant staff training
and development. The programme has helped us build new skills, expertise and
confidence across the organisation, leaving a lasting legacy that will benefit the
charity long after the building works have been completed.
As a result, YMCA Taunton is emerging from this period not only with improved
facilities, but also with a stronger, more capable and more resilient organisation. The
knowledge, experience and capacity developed through the programme will support
future sustainabilityi Strengthen governance and place us in a better position to
respond to the changing needs of our community.
Whilst the Youth Investment Fund investment has transformed our facilities, it is
important to recognise the scale of the challenge that the project sought to addres5.
At the point the funding application was developed, the build ing required substantial
investment to secure its long-term future. By the time construction commenced,
several years had elapsed and the construction sector had experienced
unprecedented increase5 in labour and material costs, significantly exceeding normal
inflationary pressures.
Through careful planning, strong project management and effective partnership
workingi we successfully delivered the core objectives of the programme and
achieved the outcomes that we set out to deliver. However, as is often the case with
the refurbishment of older buildings, additional works and unforeseen issues emerged
during the project. Whilst contingency funding was built into the programme and
supplemented by investment from the charity's own reserves, the project has not
addressed every aspect of the building that we would ultimately wish to improve.
As a result, there remain areas of the centre that will require further refurbishment
and investment in the years ahead. Whilst these areas do not affect the safe operation
of the building or the delivery of services, completing this work remains an important
objective as we seek to ensure that the entire facility reflects the same high standard
as the newly refurbished spaces. We view this not as a shortcoming of the project,
but as the next stage in a longer-term programme of investment that will continue
to strengthen YMCA Taunton's ability to serve the community for many years to
come.
Looking ahead, our focus will be on maximising the benefits of the investment that
has been made. The enhanced facilities provide opportunities to expand our youth
offer, develop new programmes, strengthen partnerships and increase our impact.
We recognise that achieving this will require continued investment in people as well
as buildings. New services and activities cannot be introduced overnight and we
expect the coming year to bring both opportunities and challenges as we build
participation, develop programmes and realise the full potential of our facilities.
As we reflect on the year, one theme stands out above all others: partnership. The
achievements of the past year have been made possible through the combined efforts
of our staff, volunteers, trustees, service users, partners, funders, supporters and
contractors. Together, we have delivered far more than a building project.
Whilst the refurbishment has transformed our physical environment, its true legacy
extends far beyond bricks and mortar. It has strengthened relationships, increased
organisational capacityi developed skills, created opportunities and esta blished a
platform from which YMCA Taunton can continue to grow and increase its impact for
many years to come.
The year has not been without challenge, but it has placed YMCA Taunton in a
stronger position for the future. With enhanced facilities, committed people and a
clear focus on our charitable purpose, we are well placed to continue helping children,
young people and families to belong, contribute and thrive.
Clare Langley
Chief Executive Officer
10
YMCA Taunton
Report of the Independent Examiner to the Trustees of the charity on the accounts for the year
endgd 31 August 2025
I report to the Trustees on my examination of the financial ststements of the charity on pages 13 to 37 for the year
ended 31 August 2025 which have been prepared in accordance with the Ch8rities Act 2011 (the A¢tl and with the
Financial Reporting Standard 102. (effective 1st J8nU8ry 20161 as modifi'ed by FRS 102 SORP Iststement of
R8cornmended Practice for Accounting 8nd Reporting by Charities) 2015, las am8nd8d by th& Bulletin issued in
October 2018 8nd applicable to all accounting periods binNIng on or 8ft81 1st J8nu8ry 20191. (The SORPI.
published by th8 Charity Comrnission in England & W818s ICCEWI . and und8r th8 historic81 cost convention and
the accounting polici85 set out on pag8 19.
Re$pe¢tlve responslbllltles of the Trustees and the Independent Examlner and the ba$ls of the report
As described on page 7, you, the charitws Trustees, a responsible for the preparation of the financial statements
In accordanTr with the Charities Act 2011 and all other applicable law and wrth Unite(l Kingdom Generally A¢pted
Accounting Practi. applicable to smaller entities, and for being satisfied that the Iinanual statements give a true
and fair view.
The Trustees considerthat the audit qu1ment ol Section 144111 ol the Charities Act 2011 (the Act) does not
apply, and that there is no requirnent in the Governing Document for the conducting of an audiL As a
consequence, the Trustees have elected that the financial statements be subject to independent examination.
Having sat15fied myself that the financial statements are not required to be sudited under any legal prov1510n, or
otherwse, and are eligible for Independent examination, rt 15 rny responsibility to.-
al examine the financial statements of the charity under Section 145 of the Act,.
bl followthe applicabl8 procedures in th8 Diredions given by th8 Charity Comrnission und8r 58ction 14515llbl of
the Act.
Bas1$ of Independent Examlner's Ststement and scope of work undertaken
sin¢ the charity's gros5 incom8 exce8ded £250.000, the charitls examiner rnust b8 a member of a body list8d in
section 145 of the Act. I confirm that l am qualified to undert8k8 th8 ex8mination becsuse l 8m an authorised
member of Ch8rter8d M8nagem8nt Accountsnts. 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
carying out my examination. I have followed all the applicab Directions given by the Charity Commission under
section 14515llbl of the Act setting out the duties of an independent examiner in relation lo the conducting of an
independent examination. An independent examination includes a review of the a¢counts'ng records kept by the
ch8rity and of the a¢county'ng systems ernployed by the charity and a comparison of the fi'nancial statements
presented with those records. It also include5 consideration of any unusu81 items or disclosures in the financial
st8tem8nts, and seeking explanations from you. 85 Trustees. conceming such matters The purpose of the
examination is to establish as f8r as possible that there have been no bre8ches of charity legislation 8nd that. on a
test basis of evidence r81evant to th8 amounts and di5closur8s m8d8. the financi81 statem8nts comply with th8
SORP.
The prOdureS undertaken do not provide all the ev1dern that would be reqUId in an audit, and information
supplied by the Trustees in the course of the examination 1$ 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 assuran that an independent examination cén provide
YMCA Taunton
Cons8qu8nUy. I do not 8xpr8ss an audit opinion on th8 view giv8n by th8 financial stat8m8nt5, and in particular, I
express no opinion as to whetherthe financial statetnents giv8 a true and fair view of the affairs of th8 charity. and
y report 15 litnited to the rnatter5 set out In the statement below.
I planned and performed my examination so as to satisfy myself that the objectives ol the Independent examination
are achieved and before finalising the port l obtained written assuran$ from the Trustees of all material matters.
Independent Examinerfs Statement, Report and Opinion
Subject to the Iimitatlons upon the sCOP8 of my work as detailed above, I hav8 completed my ex8minab"on". snd can
eonfirrn that".-
Th8 gros5 incom8 of th8 chaity in th8 year ended 31 August 2025 appears to exce8d th8 sum sp8cified in Section
145131 of the Act. namely £2500DO, and thst I sm qualified to act as Ind8pendent Examin8r in accordan with that
section by virtu8 of my being s qualifi8d m8mb8r of Chartered Man8g8rnent Accountant5,
This is a report in iespect of an exaTnination carried out undei 145 of the Act and in accordan wth Directions
given by the Chaiity Comtnission under section 14515llbl of the Act which may be applicable,
and that no material matters have come to my attents.on in connection with the examination giving me cause to
believe that in any rnaterial respect".-
accounting records We not kept in respect of the charity as qUired by with Section 130 of The Charthes Act
2011.,
the linanaal statements do not accord with those cOrdS., or
the financial statements do not comply with the applicable requirement5 cOnrning the foim and content of
accounts set out In the Charities (Accounts and Reports) Regulations 2008 other than any reqU1ment that the
accounts give a'true and fair, view, which Is not a matter conSided as part of an Independent examination,"
have not been prepared in awordan wth the methods and principles set out in the FRS 102 SORP
Iststement of R8commended Practi¢ for Accounting and R8POrting by Charities) 2015, las am8nd8d by th&
Bu118tin issu8d in October 2018 and 8pplicab18 to 811 accounting periods beginning on or after 1st January 20191.
ITh8 SORPI.
I have no concerns and have come across no other matters in connection with the examin8tion to which attention
should be drawn in this report in order to enable a proper understanding ol the financial statements to be reached.
Slgn8d.'.
Karen Nobes- Independent Examiner
Charted Management Accountants
Poplar Fa
Burtle Road
Burt18
Somerset
TA7 8NB
This report was signed on 12 February 2026
12
YMCA Taunton - Statement of Financial Activities forthe year ended 31 August 2025
Statement of Financial Activities for the year ended 31 August 2025
SORP
urrentyear
Unrestrlcted
Funds
rront yoar
Restricted
Funds
urrent yoar
endowment
Funds
rrentyear
Total Funds
Prlor Year
Total Funds
2025
2025
2025
2025
2024
Income & Endowments from:
Donations & Legaaes
Charitable activities
Other trading activities
Investments
Other
A1
31,167
300,192
7,067
10,835
1,643,548
1,674,716
300,192
7,067
10,835
252,675
278.939
7.840
9,479
485
A3
A4
Total Income
349,261
1,643,548
1,992,809
549,418
Expenditure on=
Charitable activities
B2
309,908
1,685,475
1.996,383
547,749
Total expendlture
309,908
1,885.475
1.995,383
S47.749
Net Income for the year
39,353
141,9271
12,5741
1,669
Net income after transfe
A-B£
39.353
141.9271
12,5741
1.669
Net movement in fund8
39,353
141,9271
12,5741
1,669
Reconciliation of fund$-.
Total funds brought forward
296,679
97,435
105
394,219
392,550
Total fund8 C8rried fonvard
336.032
55.508
10S
391,84S
394.219
The'SORP Ref indicated above is the classification of income set out in the formal SORP documents. As required by
paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance
Sheet.
A separate Statement of Total Recognised Gains and Losses is not reguld as this statement includes all recognised
gains and losses.
All the prior year transactions We unrestrictsd items, and no further analysis is required
All activities derive from continuing operations
The notes attached on pages 19 to 37 form an integral part of these accounts.
YMCA Taunton - Statement of Financial Activities forthe year ended 31 August 2025
Prlor Year
Prforyear
Prlor Year
Prloryear
SORP
Ut)r8strlctod
Funds
R8strl¢tod
Fund8
Endowment
Fund8
Total Funds
2024
2024
2024
2024
Income & Endowments from:
Donations & LegaeS
Charitable activities
Other trading activities
InvesttnentS
Other
A1
252,675
278,939
7,840
9,479
485
252,675
278,939
7,840
9,479
485
A3
A4
Total Income
549,418
549,418
Expenditure on-
Raising funds
Charitable activities
Other
Tax on surplu5 on ordinary activiti, B3
Other taxation
B1
B2
B3
547,749
547,749
B3
Total expenditure
547,749
547,749
Net gains on investments
B4
Net incom8 for th8 year
1,669
1,669
Transf8r5 between fund5
Net In¢ome after transfers
1,669
1.669
Net movement in funds
1,669
1,869
Reconciliation of fund$-.
Totsl funds brought forward
295,010
97,435
105
392,660
Total funds carried forward
296.679
97.436
105
394,219
All activities derive from continuing operations
A 5eparste Statement of Total Recognised Gains and Losses is not required 85 this 8t8tement includes all recognised
gains and losses.,
The notes attached on pages 19 to 37 form an integral part of these accounts.
14
YMCA Taunton - Statement of Financial Activities forthe year ended 31 August 2025
YMCA Taunton - Resources applied in the year ended 31 August 2025 towards fixed assets
for Charity use:.
2025
2024
Funds generated in the year as detaId in the SOFA
12.5741
1.669
Net resources avallable to fund charltable actlvltles
2,5741
1,669
The nots$ attached on page$ 19 to 37 form an Integral part ofthese accounts.
YMCA Taunton - Statement of Financial Activities forthe year ended 31 August 2025
Movements in revenue and capital funds for the year ended 31 August 2025
Revenue accumulated funds
Unrestrlcts
Re$trlcted
Endowment
Tolal
Last year
Total Fund
Fund
Funds
Funds
Fund5
2025
2025
2025
2025
2024
Aecumulated funds brought forward
296,679
97.435
105
394,219
392,550
Recogni5ed gains and losses before
transfers
39,353
141.9271
12.5741
1.669
336,032
66,508
106
391,646
394,219
Closing revenue funds
336,032
55,508
105
391,645
394,219
Designated revenue funds included within the unrestricted funds above
Total
Funds
2025
Last year
Totsl Funds
2024
At 1 September
Transfer Itollfrom revenue accurnulated funds
93.035
113.035
120,0001
At 31 August
93.035
93.035
The purposes for which these fund5 have been designated are described in Note 21 to the accounts.
Summary of funds
Unrostrictsd
Rastrictsd
Endowmènt
T¢)tal
Last Y8ar
an
Funds
Funds
Fund8
Total Funds
D6signatsd fund8
2025
2025
2025
2025
2024
Revenue ac¢umulated funds
Revenue designated funds
242,997
93,035
55.508
105
298,610
93,036
301.184
93,035
Total fund8
336.032
55.508
10S
391,84S
394.219
Thg not9$ attached on pages 19 to 37 form an Intggral part of those accounts.
16
YMCA Taunton - Statement of Financial Activities forthe year ended 31 August 2025
YMCA Taunton
Income and Expendlture Account for the year ended 31 August 2025 a$ requlred by the
Companies Act 2006
2025
2024
Income
Incotne from operations
1,981,974
539,454
Investment income
Interest re1vable
Other operating in¢ome
10,835
9.479
485
Gro$$ Income In the year befo ex¢eptlonal Items
1,992,809
549,418
Gross Income In the year Includlng exceptlonal Items
1,992,809
549,418
Expenditure
Charitable expenditure. excluding depreaation and amortlS8tion
DeptiatIOn and amortisalion
Governance ¢osts
Reali5ed losses on disposals of social investments which are prograrnme related
1.985.947
5.436
4,000
540.313
5.436
2,000
Total expenditure in the year
1.995,383
$47.749
Net Income before tsx In the flnanclal year
12,5741
1,669
Tax on surplus on ordinary activit18S
Net In¢ome after tsx In the flnan¢lo1 year
12,5741
1,669
Retalned surplus for the flnanclal year
12,5741
1,669
All activities derive from continuing operations
In accord8ncE wth the provisions of the Companies Act 20D6. the headings 8nd 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 19 to 37 form an integral part of these accounts.
YMCA Taunton. Balance Sheet a$ at 31 August 2025
SORP
Note Rof
2025
2024
Flxed 8988ts
Tangible assets
10
80.444
85.880
Currnnt assèts
Stocks
B1
10Q
100
Oeblorts
12 B2
112.034
515.034
42,585
564,581
Cash at bank and in hand
B4
Totsl curront 8999ts
627.168
607,266
Credltors.. amounts lalllng due wlthln
one year
13 C1
1315.9671
1298,9271
Not curronta880ts
311,201
308.339
Tho total not a888ts of th8 charity
391.645
394,219
The total net assets of the charity are funded by the funds of the charity. as follows:.
Endowment funds
Endowmtrnt Revenutr Funds
19 D1
105
105
105
105
Restricted funds
Resthcied Rtrv&nue Funds
19 D2
55.508
97,435
55,508
97.435
Unrestricted Funds
Unr&sirict8d Revanue Funds
19 D3
242.997
203,644
242.997
203.644
Designated Funds
Oesi9nai8d Revenut Funds
19 D3
93.035
93,035
93,035
391,645
93.035
394,219
Total charity funds
The'SORP Ref indic8led above is the c18ssificalion of B8knce Sheet Ilems as sel out in the form81 SORP
documents As required by paragraph 4.60 01 the SORP, Ihe brought foward and camed foThvard funds above
h8vÈ been age to the SOFA..
The Trustees acknowledge their responsibililles for complylw with ts requSr8ments of chsrity kgislallon with
restettto 3XgUnting records and the prepar3tion of acwunls.
Th6 charlly is subject to Independent Examlnallon under charlty legIatiOn. and the report of the Ind&pènd8nl
Examiner is on page 12.
The Trustee5 are satisfied Ihat. ahhough the charity 15 not reyi5tered under the Companie5 Acts. rfil were so
registered. itwould be eligiblè to pfftpare accounts in accordan with thè promsions in Part 15 of the Companies
Act 201. applic8ble lo companie5 subjecl lo the small companies regiwe.
Mr Nlcolas Low
Trustee
Approved by th& board of Imslees on 12 Febmary 2026
Thè noto8 atta¢hed on pages 19 to 37 fomi an intsgral part of th880 ac¢ounts.
18
YMCA Taunton
Notes to the Accounts for the year ended 31 August 2025
1 Accountlng pollcles
Policies relating to tho production of the accounts.
Basis of prepardtion and accounting convention
The accounts have been prepared on the accrua15 basi5, under the hi510nl cost convention, and in accordance with the
Finanaal Reporting Standard 102. (effective 1st January 20161 and'FRS 102 SORP (Statement of Recommended
Practice forA¢counting and Reporting by Charities) 2015. las amended by the Bulletin issued In O¢tober 2018 and
applicable to all accounting periods beginning on or after 1st January 20191, IThe SORPI, publishecl by the Chaiily
Commission in England & Wales ICCEWI effective January 2016. and in accordance with all applicsble18w in the
¢harily'siurisdi¢lion of rl$tration. eXpt that the ¢harify has prepared the financial ststements In a¢¢ordan¢e with the
FRS 102 SORP Istatement of Recommended Practi forAccounting and Reporting by Charities) 2015, las amended
by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 181 January 20191.
(The SORPI. In preference to the previous SORP, tt)e SORP 2005, which has been withdrawn, notwithstanding the fa¢t
that the extant Statutory regulations. the Charities IAccount5 and Reports) Regulations 2008 refer expliady to the SORP
20D5. This has been done to accord with current best practice.
All income and expenses have been included in the account8 in so far as they cAn be measured with reasonable
accuracy and there Is a fair expectation of their value and Trrtainty.
Gf)Ing Con¢ern
The charitable activities are entIlY 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 8treams.
Accordingly. the Trustees have oblain8d forecasts and, after r8viewng the finsncial forecasts forfuture periods to 31st
August 2027, the Trustee8 are satssfied that. at the time of approving the finanual statements, it 18 appropriate to adopt
the going conTrm bas15 in preparing the financial ststemenls. Other than these rnatter5. the Trustees are not aware of
any material uncertainites about the charitls ability to continue as a going concern.
Risk8 and future assumption8
The charty is a public benefit entity.
Poll¢le$ relatlng to categorle$ ofln¢ome andln¢ome re¢ognltlon.
Nature of incom8
Gross income preSentS the value, net of value added tax and discounts, of goods provided to customers and work
carried out in respect of seNices provided to customers
Catsgories of Income
Income is calegorised as incorne from exchange transactions (contract income) and income from non-exchange
transactions Igiftsl, investment income and other income.
Income from exchange transactions is received by the charity for goods or ServiS supplied under contract or where
entrtlement is subie¢t to fu1111ng rforman lated ¢onditions. The income the Charity reiVeS Is approximately equal
In value to the goods or servi5 supplied by the charity lo the purchaser.
Income from a non4xchange transaction is where the chaiity receive5 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.
19
YMCA Taunton
Notes to the Accounts for the year ended 31 August 2025
Income recogniti.on
Incom8, whether from exchange or non exchange transactions, is recognised in the statement of financial activities
ISOFAI on a receivable basis. when a trans8Ction or other event results in an increase In the charity's assets or a
reduction in rt5 Iiabilrties and only when the charity h85 legal entitlement, the income is probable can be rnea5ured
reliably.
Dividends are accrued when the shareholderfs rightto retsive payrnent is established.
Income subject to terms and conditions which must be met before the charity is entided to the re80urc*s is not rewnised
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
Wh8r8 terms and conditions relating to income have not been met or uncertainty 8xist5 as to whether the charity can meet
any terms or conditions otherwise within its control. income is not recognised but 18 deferred as a liability until it is
probable that the terms or conditions imposed can be met.
Any grant that is subjed to perf0mlan-[el)ell conditions 01ve¢1 in advan 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 balan sheet as deferred income. Deferred income is relea8ed to income in the
porting period In bvhich the perfoman¢e-relaled or other conditions that limit rtcognition are meL
When in¢ome 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 15 disdosed as a contingent asset if reipt of the grant or donation is probable
once those conditions are met.
Wh8r8 time related conditions ar8 IrnPOS8d or implied by a funder, then the incom8 IS spportioned to the time periods
conc*med,and. where applicable. is 8ccounted for as a liability and shown on the balance sheet as deferred income
When grants 3re re1Ve in advan of the expenditure on the activity funded by thern, but there are no 5pecilic time
relsted conditions, then th8 income is not deferred.
Any condrtion that allows forthe recovery by the donor of any unexpended part of a grant does not prevent recognrtion of
the incorne Conrned. but a lisbility to any repayment is recogni5ed when repayment becomes probable.
Donated good8, facilities and 8ervice8
Donaled fixed assets are recognised at the Current fair value. All such donations are re¢ognised as donation Income.
and debited to fixed assets.
Donated goods that are notfixed a88ets are accounted for at a fair value. unless it 18 impractic21 to reliably measure
the value of the donated Items.
In the absence of any direct evidence of fair value of donated goods, then 8 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 $91e value after dedu¢ling any anticipated
Costs of sales.
If It Is impra¢li¢able to Measu the fair value of goods donated for sale, orthe Costs of valuation outweigh the benefits,
the donated goods are recogni5ed as income when sold, with an equivalent amount being recognised a5 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 good5 are distributed freely or for a nominal consideration, then the carrying amount 15 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.
20
YMCA Taunton
Notes to the Accounts for the year ended 31 August 2025
The ¢artwng amount of any stock held for distribution is assessed for Impaiment at the porting date. 1 donated goods
are recognised s5 donation income, and debited to trading stock.when trsding stock is subsequendy sold, or
appropriated lo meet an expense. then the carrying value of the stock is recniSed as an expense. In aecordanee with
the SORP. good$ donated for distribution to benefio3ries, orfor consutnption by the charity are Induded in 'legaGies and
donations,. Goods donated for res818 ar8 included in Incom8 from oth8rtrading actiwt18S'
The c051 of any stock of good5 donated for distribution to beneficiarie5 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 8 nomin81 consideration, then the carrying amount
is subsequently adjusted to reflect the lower of deemed cost adjusted for any loss of service potential and replacement
C051. Replament c05t 15 the economic cost incurred If the charity wa5 to replace the servitr potential of the donated
goods at its own expense in the most economic manner.
Donaled $ervi¢es and fo¢ilitie$ (including seconded staff and use of propertyl are included In the a¢¢ount$ on the basis
of the value of the gift to the charity.
All donated services and facilities a ¢nised as don8tion income when received,Iprovided the value of the gift can be
measured reliably) and recognised a5 an expense with an equivalent value.
Membership subscription8
The Income and any assotyated Gift Aid or other tax refunLI from a membership subscription re1Ve by tt)e ¢harrty in tt)e
nsture of a gift, is accounted for on the same basis as a donation.
The incorne from 8 membership subscription reIved by the charity where the subscription purchases th8 right to
seN1$ or benefits 1$ renised as income from Charitable a¢tivities.
Pollcles latIftg to expendlture on goods and sernlces provlded to the charlty.
Rgcognitson of liabiliti85 and 9xpenditure
A liability. and the related expenditure. is rewnised when alal or constructive obligation exists 88 a result of a past
event, and when rt is more likely than not th3t a tr3nsfer of economic benefit5 will be required in settlernent. and when the
amount of the obligation can b8 measured or reliably estirnated..
Liabilitie5 arising from fvture funding comrnitments and constructive obligations, Induding perfOan related grant5,
where th8 timing or the amount of the future exp8nditure requir8d to S8tUe the obligation are uncertain, give rise to 8
provision in the accounts. which Is reviewed at the 2ccounting year end. The provision is Increased to reflect any
Increases in liabilities. and is decreased by the uti115ation of any prov1510n 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 relate$.
Allocating costs to activities
Direct C08ts that are speufitally related to an activity are allocated to that activity. Shared direct C08ts and support cnst8
are apportioned belween activitie5.
The basis for apportionment. which is consi8tenUy applied. and proportionate to the circumstanees, is'_
Staffing- on the basis of time spent in ¢onne¢tion with any particular a¢tivity.
Pr8mise5 related c05ts- on the proportion of income generated.
Non specific 8UPPOrt costs- on the proportion of income generated.
21
YMCA Taunton
Notes to the Accounts for the year ended 31 August 2025
Volunteers
In accordan wth the SORP. and in recognition of the difficulties in plaong a monetsry value on the contribution frotn
volunteers, the contribution of volunteers is not included wthin the income of the charity.
However. the trustees value the signifi¢ant Contribution made to the activities of the ¢harity by unpaid volunteers and this
15 described more fully in Note6.
Policies relating to assets, liabilities andpmvisions and other matters.
Tangible fix8dassets
Tangible fixed assets a measu at their original cost value. or subsequent ValuatIon, or if donated, as described
above. C05t value includes all c051s expended in bringing the asset into its intended working condition.
Depociation has been provided at the following rates In orderto write off the assets to their antiopated residual value
ov&r their estimated useful lives.
Leasehold premise5
Plant and machinery
Improvements to property
010 straight line
20 Ofi straight line
2 Straight line
A regular annual review of the likelihood of asset impairment is undertaken.
Accountlng for ¢apltsl grants and flxed a$$et fund$.
Gffts of tsngible fixed assets or grants of a capital nature, given for the purposes of acquiring specific assets to be fully
utilised in the further8nce of the objects of the charity. are credited to fixed asset funds after the donated asset has been
re1Ve or sums have been properly expended on the restricted purpose.
Where the terms of the gift require the chsrity to hold the asset on an ongoing basis for a specrfic purpose, then the fixed
as8el fund so created is categorised as a re81ricted fixed as8et fund. and the relevant re81rictions are noted In the fixed
asset note 10.
Wh8r8 the terms of th8 gift 8re met once the ssset 15 acquired, so allowing the chsrity to use the asset on an unrestricted
ba8is. including the right to receive the proc*ed8 of any future sale of the asset on an unrestricted basi8, then the fixed
asset fund so ated Is categorised as a designateLI fixed asset fund.
When as8els are acquired for the further8nce of the charity's objects, utilising the charitys own unrestricted funds. a
tffjnsfer Is made from UnStrICted funds to a designated fixed asset fund.
Whether acquired wth unrestricted or restricted funds, the ass8t acquired is initislly shown in the balance sheet at the full
C08t of acquisition or subsequent revaluation.
As the related assets are depreciated, in accordance wth the depreciation policy,in order to reflect the dimunition in the
assel,a Iran$fer Is made from the relevant fixed asset funds to either unresth¢ted or restri¢ted venue 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 thatthis 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 sa, is disclosed a8 a contingent liability
unless the event tt)at would thgger paYment of the grant becomes probable In which case a liability for paYment is
recounised.
Insofar as this policy relates to Govemrnent grants and to the extent that it rnay be a departu from the FRS 102 SORP
(Statement of Recommended Pracliee for Accounting and Reportsng by Charities) 2015. las amended by the Bulletin
issued In October 2018 and applicable to all accounting periods beginning on or after 1st January 20191, (rhe SORPI,
such departure 15 justified on the basi5 that it 15 in order to comply with th8 SORP.
22
YMCA Taunton
Notes to the Accounts for the year ended 31 August 2025
Stock8 and wotl( in progress
stodi 15 valued at the lower of cost and net realisable value.
Debtor8
Debtors are measured at their recoverable amounts at the balance sheet date.
Creditors and provision8
Creditors and provisions are recniSed there the charity has a present obligation resulting from a past event that will
probably result In the transfer of funds to a third party 3nd the arnount due lo settle the obligation can be measu or
estimated reliably. Creditors and provisions are recogni5ed at their settlement amount.
Financial instrurnents including cash b4nk b4lanc95
Cash held by the ¢harity Is included at the amount actually held and counted at the year end. Bank balan$. wheY)er in
credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.
Leasing and hire purchase contracts and commiknents
Assets held under finance leases and hire purcha8e contracts, which are those where substantially all the risks and
wards of ownership of the asset have passed to the ¢harity. are ¢apitalised in the balan¢e sheet and depreciated over
their useful live5. The corresponding lease or hire purchase obligation 15 treated in the balan Sheet as a liability.
The Interest element of the rent81 obligations is Charged to the profit and loss a¢¢ount over the period of the lease and
represent5 a constant proportion of the balan of capitsl repayments outstanding.
Rentals paid under operating aSe$ are Charged to Inrne on a straight line basis overthe lease lem).
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 8theme.
Fund Accounting
Unrestri¢ted funds are available for use at the discretitsn of the trustees in furtherants of the general obje¢tives of the
charity.
Designated fund5 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 8n appeal
or as Implied by law.
Endowment fund8 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 $t[I¢ll0n5 are plad on the use of the ¢apilal.
23
YMCA Taunton
Notes to the Accounts for the year ended 31 August 2025
2 Liability to taxation
The Trustees consicler that the charity sati5fie5 the tests set out in Paragraph 1 Schedule 6 of the Finan Act 2010 for
UK corporation tax purposes. Accordingly. the Charity is potentially exempt from taxation in reSct of income or capital
gains 1Ve within ¢alegories ¢overed by ¢hapter 3 part 11 of the Corpoffjtion Tax A¢t 2010 or Section 256 of the
Taxation of Chargeable Gain5 Act 1992, to the extent that such income or gains are applied exclusively on the 5pecffic
charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is
thefore Included in the relevant ¢osts In the Statement of Financial Activities
3 Wlndlng up or dlssolutlon of tho ¢harlty
If upon wnding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities. the
a55els represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar
obj'ects to the charity.
4 Significance of financial instruments to the charity's position
The a no financial Instruments that have a significant effect on the tharitys financial position.
S Ngt surplus beforè tax in the financial year
2025
2024
The net surplus before tax in the financial year 15 Stated after charging"_
Depreciation of owned fixed assets
Pension costs
5,436
7.722
6.970
6 Thg ¢ontrlbutlon of voluntsers
The charity depends on the support of its volunteers. which is rnuth appreciated. The charity had 29 Volunteer5 lincluding
4 Trustsesl supporting wth events, programs, administration. Contributing over 1,300 hours. Trustees collectively
¢ontribuled many hours through G0veman. All volunteers re¢eive no remuneration. The volunteers and tt)e ¢harity
accept and agree that no contract of employment is created by these arrangements.
7 Staff costs and amoluments
S81&ry cosls
2025
2024
Gross Salaries excluding trustees and key management personnel
Employer's National Insuran for all stsff
Employer's operating costs of defined
contribution pension schemes
284.054
25.581
241.400
17.567
7.722
6.970
Total 8alarie8, wage8 and related costs
317.357
265,937
24
YMCA Taunton
Notes to the Accounts for the year ended 31 August 2025
The average number of part time 8taff employed in the year was
The average number of full time staff employed in the year was
The estimated full time eou1vant number of all staff employed in the year was
14
The e$tlmatedequfv•lentnumber of fvll tlme staff deployedltry dlfferent•¢Uvllle$ ltry theYe•rs...
Youth Club 8nd Sports Activities
P School
Administration and Support Staff
The e$timatedfvll time equi¥alent numberof allstaff employeda$ above
14
14
Salary c03ts relating to the YIF project are induded in the YIF costs reported in note 20
Neither the tru8tses nor any persons connected with them have received any remun8r8tion frorn the charity or any relatsd
entity. erther in the current or prior year.
No employees ceiVed emoluments lex¢luding pension costs) In ex$$ of £60.000 per annum.
8 Dafinèd contribution pansion schamas
The charity operates a defined contribution pension scheme. the costs of which are 8hown above.
Any Iiabilites and assets associated with the scheme art shown under debtors and ¢ditorS.
9 Remuneration and payments to Trustees and persons connected with them
No trustees or persons connected with thern re1Ve any remuneration from the charty. or sny related entity.
10 Tangible fixed assets
Current Year
Land and
Building8
Plant &
Machinery
Molor
Vehicles
Total
C05t
At 1 September 2024
133,445
38.469
171.914
At 31 Augu$t 2025
133,445
38,469
171,914
Depreciation
At 1 September 2024
Charge for the year
47,565
5,436
38,469
86,034
At 31 August 2025
53.001
38,469
91,470
Net book value
At 31 August 2025
80,444
80,444
At 31 August 2024
85,880
85,880
25
YMCA Taunton
Notes to the Accounts for the year ended 31 August 2025
Prior Year
Land and
Buildings
Plant &
Machinery
Molor
Vehicle8
Totsl
Cost
02 September 2023
133,445
38,469
171,914
31 August 2024
133,445
38,469
171,914
Depreciation
02 September 2023
Charge for the year
42,129
5,436
38,469
80,598
5.436
31 August 2024
47,565
38,469
86,034
Net book value
31 Augu$t 2024
85,880
85,880
01 September 2023
91,316
91,316
11 Stock8 & Work in Progre88
2025
2024
StodÉs before write downs
100
100
100
100
Analysls of the carrylng value of stocks and wo** Inprogress by 8Ctlvltles
Work In Progress
2025
2024
Stocks
2025
2024
Actwty
Youth Club and Sports Activities
100
100
100
12 Debtors
2025
2024
Trade debtors
Prepayments and accrued income
Other debtor5
43.595
67,463
976
27.328
14,033
1,225
112,034
42,586
26
YMCA Taunton
Notes to the Accounts for the year ended 31 August 2025
13 Creditors: amounts falling due within one year
2025
2024
Trade credrtors
Accruals
PAYE, NIC VAT and other tsxes
Other creditors
127,984
170.756
9,922
7.303
124,175
160.844
6,971
6.937
315.965
298,927
14 Loans to trustses included in dabtors
ThÈre havÈ been no loans totru8teÈi
15 Guarant88s mad8 by thè charity on behalf of trustoos
Theve havo been no guavarteos iotrust
16 Income and Expenditure account summary
2025
2024
At 1 Septsmber 2024
Surplus aftertax for the year
394,219
2.5741
392,550
1.669
At 31 August 2025
391,645
394,219
17 No related party transactions
There were no transactions with related parties In the yesr.
18 Particulars of how particular funds are represented by assets and liabilities
At 31 August 2025
Unrestrlcted
Deslgnated
funds
Endowment
Restrlcted
Total
funds
fund8
funds
Funds
Tangible Fixed Assets
Current Assets
Current Liabilities
80.444
478,520
1315.9651
80,444
627,168
1315,9651
93,035
105
55,508
242.999
93,035
105
55.508
391,647
At 1 Septsmber 2024
Unrè8tri¢t*d
funds
De8igfbatsd
funds
Endowment
funds
Ro8tii¢ted
fund5
Total
Funds
Tangible Fixed Assets
Current Assets
85.880
416.691
1298.9271
85,880
607,266
1298,927
93,035
105
97.435
Current Liabilitie5
203,644
93,035
105
97,435
394,219
27
YMCA Taunton
Notes to the Accounts for the year ended 31 August 2025
19 Change in total funds over the year as shown in Note 18 . analysed by individual funds
Funds brought Movempnt in
foThvard from
funds in 202S
2024
Transfer5
Funds carried
lorward to
2026
funds in 2025
Se• Nots 20
So9 Noto 0
Unrest*Yctedanddesignatedfvnds.'_
Unrestrictsd Revenue Funds
203,644
93,035
39.356
243,000
93,03S
Designated Revenue Funds
Totsl unrestrlcted and deslgnated funds
296,679
39,356
336,035
Resfrlcted funds...
Buikling Fun
Projects and Equipment
3G Pitch Fund
YIF Fund
45,133
17,362
27,545
7.395
135,0001
11.6041
10,133
15,758
27,S4S
2,072
15.3231
Total re8trictsd fund8
97,435
41,927
55,508
Endowment funds."_
Sundry other fund8
105
105
Total endowment funds
105
105
Total charlty fund$
394,219
12,5711
391,648
20 Anatysis of movements in funds over the year as shown in Note 19
Other
Income
Exppnditure
Gains &
Movement
Lo$$es
In lunds
202S
2025
2025
2025
Unrest*knedanddesignatedfunds.'_
Unre5thcted Revenue Funds
34g,261
1309,9081
39,353
Re$lricted fvnd$.'.
Bu11ng Fund
Projects and Equipment
YIF Fund
135.0001
121,5451
11,628.9301
135,000
11,6041
15,323
1g,g41
1.623,607
1.992,809
1,995,383
2,574
28
YMCA Taunton
Notes to the Accounts for the year ended 31 August 2025
21 The purposes for which the funds
Unrestricted and designat8dfunds.'_
YMCA Taunton's Reserve Policy is to maintsin sufficient levels to ensure
normal operating activities continue over a period of up to 12 months.
should a Shortfall in incotne occur and to take into account potnential risks
Thi5 fvnd represents the unrestricted surplus that ha5 been designated by
the trustees for an essential spend or particular future purpose.
Unrestricted Revenue Funds
Designated Revenue Fund5
Reslrlcted fvnds...
Bu11ng Fund
Funds We 1ve towards the improvements to the building which are
being depreciated on s Straight line basis
Fund5 weR reiVed towzrd5 the replacement of equipment which are
being depreciated on a straight line basis
Funds were received toward5 the r8plac8ment of 3G pitch which are baing
depreciated on a straight line b881S
Funds were received that direclly related to the spending on a youth
Projects and Equipment
3G Pitch Fund
YIF Fund
Endowrnent funds...
Endowment Revaluation Reserve
Thi5 fund represents the restricted surplus relating lo endowment fund5
ari8ing on the revaluation of the charity's assets.
22 Ultimats controlling party
The charity is under the control of its legal members.
29
YMCA Taunton
Detsiled analysis of income and 8XFenditure for the year ended 31 August 2025 as required by the
SORP 2015
Thi5 analysis is cla55sifiedby conventional nominal de5cnplions andnotby actsvity.
23 Donations, Grants and Legacies
Curr¥nty•*r
Uniestricted
Funds
Cuvrèntyèar CUrMt8r Curr¥niy•Èr
Restricied
End*Mern
Toiol Fund5
Funds
Fund5
PritsrY¥ar
Toial Fund5
2025
202$
2025
2025
2024
Oonations and grfts Irorn individuals
Sm811 don8ti0ns IndlvKJually less than
£1000
2.859
2,859
1.785
Totsi donations and 9ift8 Irom
2,859
2,859
1,786
Curr•ntyoar
Unr•strict8d
Funds
Cuvrèntyèkr Curmtlr curr•niar
R8%tric
Edrn•nt
Total Funts
Funds
Funds
PritsrY¥ar
Toial Funds
202$
2029
2025
2025
2024
Revenue grants from govemment and
public bodie5
Sm811 Jr8nts indIvuallY lass th8n £lOOO
990
Sornerset cMunitieS
1,650
3,500
4150
1.400
Somerset CouncAI Young Carers
12,167
9.752
Somersa Coun1
11,570
11,570
Soual Investment BusinessNIF2 D.C.M.S
1.623.607
1,623,607
227.922
Taunton Town Council
4,871
4,871
Taunton Deana Borough c1
1.481
1.481
T¢)tsl publi¢ se¢tor rèvènue ¥Ants
15,288
1,643,548
1.6s8.836
240.064
crn1 year
Unr•¥trjctsd
Fynds
Cuvrentyear
R8¥trj
Fynd$
Currwtyear
Ed0rn9Tht
Fund
Current year
Totsl FunJs
Prloryear
Totsl FunJs
202$
2029
2025
2025
2024
Revenue grants and donatlons from non
publi¢ bodies
Sm811 gr8nts IndivKlually less than £1000
Nationd Grid
1.000
1.000
6,584
South West Trust Fund
2.000
YMCA England
11,520
11,520
1,010
Totsl prlvate sector revenue 9r8nts
12,S20
12,520
9,S94
YMCA Taunton
Detsiled analysis of income and 8XFenditure for the year ended 31 August 2025 as required by the
SORP 2015
eurrfjntye4r
Uniestricted
Funds
Cyvrentyfjar
Restrictsd
Funds
Currwntygar eurrfjntr
End*ent
Total Funds
Fund5
PrforY•ar
Total Funds
2025
202$
2025
2025
2024
Mombor8hlp Subs¢ptI0ns a8 donatlons
1.232
Total Donation5, Grants and Legacies
Totsl Donations, Grants and
Legacies
A1
31,167
1,643,548
1,074,716
252,676
24 Income from charitable activities- Trading Activities
curtYear
Curr•nt y8ar
Unr•striGted
Fynds
Curr8nty•ar
Rg$trithd
Fynds
Curr•ntyoar
End(¥wrnent
Funds
Curr•niy8ar
Total Funts
PritsrY¥ar
Total funds
2025
202$
2025
2025
2024
Prlmary purpo80 and athcillary tsadlng
Youth club and Social ActivilEs
69.185
69,18$
69.415
Pre School
Letting of property for tha[Itab PUTposes
194.266
194,266
158.734
36,741
36,741
50.7gO
Totsl Primary purpose and ancillary
trading
300,192
300,192
278,939
25 Total Income from charitable actNities
¢uryentyear
Uniestricied
Funds
Cuvrentyèar
Restricted
Funds
Currwty¢ar
Endty*dment
Funds
Currnntyear
Totsl Funds
Prloryoar
Currentyear
Totsl Fund*
2025
202$
2025
2025
2024
Total income from tharitabk Iradiw
300.192
300,192
278,939
Totsi from ¢hariiabl8 a¢tlvlU08
A2
300,192
300,192
278,939
26 In¢ome from other. non ¢hariiable. iradlng a¢tlvltles
Current yeAr
Unie$tritted
Funds
Cuvrentyear
Re$tri¢ted
Fund$
Curmtyea
Current yeAr
Totsl FunJs
prtoryear
Totsl Funds
Fund$
2025
202LI
2025
2025
2024
Car Parking Income
2.495
2.49S
2.805
Income from lundr¥ising even15
C8nteen Sales
Profitfrom disposal of assets
3.258
3,258
1.314
1.909
2,381
745
Totsi from otheraciivi
A3
7.067
7.067
7,840
31
YMCA Taunton
Detsiled analysis of income and 8XFenditure for the year ended 31 August 2025 as required by the
SORP 2015
27 Investment income
Curr¥trt yoar
Unr•¥trict8d
Currentyèar
R8%tri
Funds
Curr•ntwar
Endowrnent
Funds
Currorty•ar
Toial Fund5
PriOrY#ar
Toial Fund5
2025
202$
2025
2025
2024
Bank Interest Rewae
10.835
10,83S
9.479
Totsl Inve$tEnt Income
A4
10.835
10,83S
9,479
2B Other incorne and gain5
Currfjntyr Cyvrentyfjar eurrwtygor Currgnty9¥r
Uniestricted
Restric¢gd
Total Futhts
Funds
Funds
PriprY¥ar
Totsi Fund$
Cur*tyear
Funds
2025
2029
2025
2025
2024
Insuran* cL8ims- Revenue Items
485
Totsi other lthcom•
A5
486
29 Expendlture on chatltable actlvltles- Dlrect spendlng
uryent year
Uniestricied
Funds
cuvr9ntyr
Restricted
Funds
urrènty¢ai
End*ment
Funds
Currnntyear PrforY•ar
Totsl Funds
Totsl Funds
Current Year
2025
202S
2026
2025
2024
Grant Expenditure
13.349
1.650.475
1.$03,824
232,831
Totsl direct SP8nding
B2a
13,349
1,650N75
1.663,824
232,831
30 Expenditu on ¢hariiable activities- Charitable trading
current year
Uniestri¢ted
Funds
Cuiremyear
Restricted
Funds
Currentyear
End¢¥m&t
Fund5
Currentyear Prforyear
Totsl FunJs
Totsl
Current Year
2026
202
2025
2025
2024
Youth Club ExndItUre
42,302
42,302
41,336
Pre School Expenditure
1M,546
144,S46
139,644
Total chaiitablo trading costs
B2b
186,848
186,848
180,980
32
YMCA Taunton
Detsiled analysis of income and 8XFenditure for the year ended 31 August 2025 as required by the
SORP 2015
31 Support ¢o$ts for ¢hariiable a¢tivitLes
Current yeAr
Uni**trittqd
Funds
Cuvrentyear
R#¥trittsd
Fund$
Curyentyea
Endowrn•nt
Fund*
Current yeAr POrYear
Totsl Funts Totsl Fund5
Current Year
2025
2Q25
2D25
2025
2024
Employee ¢osts not includedin direct Costs
Salaries Administrative staff
58.576
Defined contribution pension cost-
administrative stsfF
Employers, Nl - Administrative staff
Employers Nl Allowanc8
Travel and subsist8nce- stsff
58,576
58,225
£110
3,862
5.334
4334
110,5001
548
4,085
15,0001
852
548
Premi58s Expenses
LinCe fee5 payable
Rates and water ¢haoes
Light heat and power
C819 and waste managÈment
Premises repairs. new81$ an¢J
maintenance
Property insuran
371
3.396
3.626
7.751
371
3,396
3.626
7.751
310
2,698
3,249
10.169
5.265
35,000
40,265
24,945
8,231
8.231
8,109
A(Iministrative overtJea(ts
Telephone, fax and internet
P081age
Stationery and printing
Equipment exp&ns8S
Hire of equipment
Sundry expen8es
3.782
56
25
706
448
3,782
56
25
706
448
3,297
38
194
523
439
1,279
Professional fees paid to advisors other than the auditororexaminer
Accountancy fees other than
examination or audit fees
664
Other kgal and professional
Affiliation Fees
664
664
4,182
1.600
£182
1,600
6,663
1.497
Fin8ncial costs
Bank eharye8
Depreciation & Amortisalion in total for
393
5,436
393
&436
404
S,436
Support ¢OSts beftsre allOcatIOn
105,711
35.000
140,711
131,928
Totsl support CO$ts- CUrnt Year
105,711
35.000
140,711
131,938
The basis ol allocation of costs beh¥een 8Ctwibes Is described underattounling poliues
AII expenditurè in tha prior yearwas unrasiricted.
The basi5 of allotstion of costs betyfftn activitie5 is described underaruntIn PDlirAes
32 OthÈr Expendlture. fjovernan¢e ¢osts
Currentyear
Uniestricied
Funds
urrentyr
Restricted
Funds
Currèntyear
End+1Ment
Funds
Currentyear
Totsl Funds
PrlorY•ar
Totsl Funds
CtJrrent Year
2028
2026
2026
2028
2024
Independent Exarniner's fees
Auditorf5 fees
2.000
2.000
2.OQQ
2.OQQ
2,OQQ
T¢)tsl Goveman¢È costs
4,000
£000
2,000
33
YMCA Taunton
Detsiled analysis of income and 8XFenditure for the year ended 31 August 2025 as required by the
SORP 2015
All the expendre in the prior yearwas unreskncted.
33 Totsl Charitable 8xpondituro
Curyent year
Uniestricied
Funds
2025
Cyvrentyoar
Restricted
Funds
202$
urronty¢ai
End*Mern
Fund5
2025
¢urr•ntyear PrforY•ar
Totsl Funds
Totsl Fund5
Current Year
2025
2024
Total direct $pendir
Tolsl ch8ritsble trading costs
Total support costs
Total Govemance costs
B20
B2b
B2d
828
13.349
186.848
1.650.475
1.603,824
186,848
140,711
£000
232.831
180,980
131,93B
2,000
35,000
4.000
T¢)tsl charitable expenditure
82
309,908
1,685N75
1,99S,383
$47,749
AII expenditure in the prior yearwas unresthcted.
PrioTYaar
Unrestricted
Funds
PriOryr
Restricted
Funds
PrK)rYgJr
Endowment
Fund5
Prioryfjar
Totsi Fun
prtor Year
2024
2024
2024
2024
Tol81 direct spendiro
Total charitable trading costs
Tol818UPPOrt C0818
Total Govemance c05t5
B28
B2b
B2d
B28
232.831
180.980
131.938
2.000
232,831
180.980
131,938
2,000
Totsi tharltablo 8xp8ndliUV8
82
547,749
547,749
YMCA Taunton
Activity analysis of Income and expenditure for the for the year ended 31 August 2025
This analysis classsified by activityand not by conventional nominal descriplions.
34 Analysis of income by activity
SOFA ref
2025
2024
Actlvlty
Income from charltable actlvltles
Letting
Youth Club and Sports Activitie8
P School
36,741
69,185
194,266
50.790
69,415
158.734
Total Income from charitable
actlvltles
A2
300,192
278.939
Income from other, non charltable, tradlng a¢tlvllles
Fundraising a¢tivit
Canteen Sales
Car Park
Other non charitable activities
3,258
1,314
2,495
2,381
74S
Total Income from other, non
charitable, trading activitie5
A3
7.067
Summary of Total Income, including the items above
Chsritsble activities
Other activities
Donations & Legaoes
Inv8sknenl income
other InMe
A2
A3
A1
A4
A5
300,192
7.067
1.674,715
10,835
278,939
7,840
252,675
9,479
485
Total income as shown in the SOFA
1,992,809
$49,418
Categorles ollncome
Income from exchange transactions
1.2,809
549,418
1,992,809
549,418
35
YMCA Taunton
Activity analysis of Income and expenditure for the for the year ended 31 August 2025
35 Analysis of charitable expenditure by activity
Activity
Direet
costs
Support
costs
Grant
nding of
activities
2025
Total
Total
2025
2025
2025
2024
Letting
Employe& costs not included In direct cos
Premises expenses
Adtnini51rative ovetheads
Professional fees
Finanal costs
7.119
7,802
825
790
7,119
7,802
825
790
11,288
9,005
955
1,606
1,063
715
715
Total Lettlng
17,251
17,251
23.917
Dlract
costs
Support
costs
Grant
funding of
activities
2025
Total
Total
2025
2025
2025
2024
Youth Club andsports Activities
Direct Casts
1.e63,824
42,302
1,663,824
42,302
13,274
14,548
1,538
1,474
1.332
231,999
41,336
15,444
12,320
1,307
2,197
1,454
Charitsble trading costs
Ernployee costs not induded in direct C05
Premises expenses
Administrative overheads
Professional fees
Finanu81 costs
13.274
14,548
1,538
1.474
1.332
Total Youlh Club and Sports
Activitie5
1,706,126
32.166
1,738,292
306.057
Direct
costs
Support
costs
Grant
funding of
activities
202S
Total
Total
202S
202S
2025
2024
Pre School
Charitsble trading costs
Employee costs not in¢luda in di¢1 cos
Prem18es expenses
Administrative overheads
Professional fees
Financial costs
144,546
144,S46
37.674
41,289
4,365
4,182
3,782
140,477
35,292
28,154
3,508
5,021
3,323
37.674
41,289
4,365
4.182
3.782
Totsl P School
144,546
91,292
235,838
215.775
YMCA Taunton
Activity analysis of Income and expenditure for the for the year ended 31 August 2025
Sumrnary of charitable cost5 by activity
Dire¢t
costs
Support
costs
Grant
nding of
activities
2025
Total
Total
2025
2025
2025
2024
Total Letting
Total Youth Club and Sports Activitie5
Total Po School
Total Governance c0515 a5 detailed in
Note 32
17.251
32,166
91,292
17,251
1.738,292
235,838
23,917
206,057
215,775
1.706,126
144,546
4,000
4,000
2,000
Total charitable expenditu
1,850,672
144,709
1,995,381
547.749
The basis of allocation of costs activities is described under accounting policies
The breakdown of thi5 8xpenditure by typ8 of spending lie nominal classification) is detsiled in note 33
Analysls of support and govemance costs by charltable actlvltles
Governance
Finance
Human
Other
Rèsourc8s Ov•rhèads
Total
Actlvlty
Letting
Youth Club and Sport8 Activities
Pre School
728
996
715
1.332
3,782
7.119
13,274
37,674
9,417
17,560
49,836
17.979
33,162
93,568
2,276
Grand Total
4.000
5.829
58.087
76,813
144,709
GonanCe costs
Governance
¢osts
2025
Gov8rnanco
¢osts
2024
Other Expenditure- Governan costs as detsiled in Note 32
4.000
2,000
36 Carrying value of work in progress analysed beeen activities
2025
2024
Pre School
IOD
loo
100
37