2021-03-31-accounts - YMCA Indian Student Hostel

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Reference and administrative		details ofthe charity, its trustees	and advisers
Trustees' report				2-7
Independent	auditors' report			8-11
Consolidated	statement offinancial activities			12
Consolidated	balance sheet			13-14
Company balance sheet				15-16
Consolidated	statement ofcash flows			17
Notes to the	financial statements			18-36

			Unrestricted	Total	Total
			funds	funds	funds
			2021	2021	2020
		Note
INCOME AND ENDOWMENTS	FROM:
Donations and legacies		2	30	30
Charitable activities		7	498,290	498,290	1,003,554
Other trading activities:
Fundraising		3	1,624	1,624	30,501
Trading activities		4	274,338	274,338	1,283,113
Investments		5	7,753	7,753	19,001
Other income		6	111,749	111,749
TOTAL INCOME AND ENDOWMENTS			893,784	893,784	2,336,169
EXPENDITURE ON:
Trading operations		4	104,781	104,781	124,520
Charitable activities			1,419,317	1,419,317	2,260,567
TOTAL EXPENDITURE		8	1,524,098	1,524,098	2,385,087
NET EXPENDITURE BEFORE	OTHER RECOGNISED
GAINS AND LOSSES			(630,314)	(630,314)	(48,918)
NET MOVEMENT IN FUNDS			(630,314)	(630,314)	(48,918)
RECONCILIATION OF FUNDS:
Total funds brought forward			4,674,779	4,674,779	4,723,697
			4,044,465	4,044,465	4,674,779
TOTAL FUNDS CARRIED FORWARD

					2021		2020
			Note		E		E
FIXEDASSETS
Tangible assets			13		3,658,105		3,842,947
CURRENT ASSETS
Stocks			15	4,551		11,125
Debtors			16	64,307		71,595
Cash at bank and	in hand		17	793,776		1,153,700
				862,634		1,236,420
CREDITORS: amounts		falling due within
one year			18	(272,107)		(404,588)
NET CURRENT ASSETS					590,527		831,832
TOTAL ASSETS	LESS	CURRENT LIABILITIES			4,248,632		4,674,779
CREDITORS: amounts		falling due after
more than one year			19		(204,167)
NET ASSETS					4,044,465		4,674,779
CHARITY FUNDS
Unrestricted funds			20		4,044,465		4,674,779
TOTAL FUNDS					4,044,465		4,674,779

					2021		2020
			Note		F
FIXEDASSETS
Tangible assets			13		3,658,105		3,842,947
Investments			14		1		1
					3,658,106		3,842,948
CURRENT ASSETS
Stocks			15	4,551		11,125
Debtors			16	199,654		344,531
Cash at bank and	in hand		17	618,034		1,127,872
				822,239		1,483,528
CREDITORS: amounts		falling due within
one year			18	(231,713)		(651,697)
NET CURRENT ASSETS					590,526		831,831
TOTAL ASSETS	LESS	CURRENT LIABILITIES			4,248,632		4,674,779
CREDITORS: amounts		falling due after
more than one year			19		(204,167)
NET ASSETS					4,044,465		4,674,779
CHARITY FUNDS
Unrestricted funds			20		4,044,465		4,674,779
TOTAL FUNDS					4,044,465		4,674,779

					2021	2020
				Note	E
Cash flows from operating		activities
Net cash	(used in)/provided	by operating	activities	22	(273,371)	157,979
Cash flows from investing		activities:
Dividends,	interest and rents from investments				7,753	19,001
Purchase	oftangible fixed assets				(94,306)	(266,614)
Net cash	used in investing	activities			(86,553)	(247,613)
Change in cash and cash		equivalents	in the year		(359,924)	(89,634)
Cash and	cash equivalents	brought forward			1,153,700	1,243,334
Cash and	cash equivalents	carried forward		23	793,776	1,153,700

Freehold property	2% straight	line
Freehold land	Not depreciated
Plant and machinery	20% straight	line
Fixtures and fittings	20% straight	line

			Unrestricted	Total	Total
			funds	funds	funds
			2021	2021	2020
			E		E
Other	fundraising	income	1,624	1,624	30,501
Total	2020		30,501	30,501

Limited will	b	e fil	ed w	ith the Registrar of Companies.
					2021	2020
						E
YMCA ISH	Trading			Limited
Turnover					274,338	1,283,113
Cost ofsales					(149,942)	(843,033)
Gross profit					124,396	440,080
Administrative		costs			(104,781)	(124,520)
Profit on ordinary			activities		19,615	315,560
Distribution	-	donation		to parent company	(19,615)	(315,560)

INVESTME	NT INCOME
		Unrestricted	Total		Total
		funds	funds		funds
		2021	2021		2020
		F	E		F
Investment	income	7,753	7,753	19,001
Total 2020		19,001	19,001
OTHER INCOMING RESOURCES
		Unrestricted	Total		Total
		funds	funds		funds
		2021	2021		2020
					F
Government	grants receivable	111,749	111,?49
Total 2020
INCOMING	RESOURCES FROM CHARITABLE	ACTIVITIES - ANALYSIS	BYTYPE OF	INCOME
		Unrestricted	Total funds	Total	funds
		funds	2021		2020
					F
Accomondation
Room rent		489,829	489,829	988,198
Meals		2,667	2,667		2,894
Membership	fees	3,870	3,870		9,270
Internet income		1,924	1,924		3,192
		498,290	498,290	1,003,554

					Staff costs	Depreciation	Other costs	Total	Total
					2021	2021	2021 E	2021f	2020
Trading operations:
Expenditure		on	trading
operations					37,551		67,230	104,781	124,520
Subtotal trading			operations		37,551		67,230	104,781	124,520
Charitable	activities:
Room rent					439,637	234,483	352,163	1,026,283	1,241,805
Meals					212,160	8,374	71,772	292,306	707,114
Support costs					12,104	36,290	41,292	89,686	288,311
Subtotal charitable				activities	663,901	279,147	465,227	1,408,275	2,237,230
Expenditure		on
governance		(note 9)					11,042	11,042	23,337
Total 2021					701,452	279,147	543,499	1,524,098	2,385,087
Total 2020					930,803	279,194	1,175,090	2,385,087

					Unrestricted	Total	Total
					funds	funds	funds
					2021	2021	2020
					E	F	E
Auditors'	remuneration	-	charity	only	10,850	10,850	10,500
Trustees	expenses				192	192	12,837
					11,042	11,042	23,337

					2021	2020
					E	E
Depreciation of		tangible	fixed assets:
-	owned	by the charitable		group	279,148	279,192
Auditors'	remuneration		- audit		15,500	15,000

STAFF COSTS Staff costs were as follows:
	2021	2020
		F
Wages and salaries	631,810	834,802
Social security costs	49,597	72,106
Other pension costs	20,045	23,895
	701,452	930,803

		2021	2020
		No.	No.
Direct charitable		28	29
Management	and administration	10	11
		38	40

TANGIBLE FIXEDASSETS
	Freehold	Plant and	Fixtures and
	property	machinery	fittings	Total
Group	E		F
Cost
At 1 April 2020	4,642,838	1,548,437	264,971	6,456,246
Additions	2,160	89,464	2,682	94,306
At 31 March 2021	4,644,998	1,637,901	267,653	6,550,552
Depreciation
At 1 April 2020	1,268,639	1,110,409	234,251	2,613,299
Charge for the year	92,715	172,770	13,663	279,148
At 31 March 2021	1,361,354	1,283,179	247,914	2,892,447
Net book value
At 31 March 2021	3,283,644	354,722	19,739	3,658,105
At 31 March 2020	3,374,199	438,028	30,720	3,842,947
	Freehold	Plant and	Fixtures and
	property	machinery	fittings	Total
Company	E			f.
Cost
At 1 April 2020	4,642,838	1,548,437	264,971	6,456,246
Additions	2,160	89,464	2,682	94,306
At 31 March 2021	4,644,998	1,637,901	267,653	6,550,552
Depreciation
At 1 April 2020	1,268,639	1,110,409	234,251	2„613,299
Charge for the year	92,715	172,770	13,663	279,148
At 31 March 2021	1,361,354	1,283,179	247,914	2,892,447
Net book value
At 31 March 2021	3,283,644	354,722	19,739	3,658,105
At 31 March 2020	3,374,199	438,028	30,720	3,842,947

STOCKS
		Grou		Com	an
	2021	2020	2021		2020
	F	E
Stock	4,551	11,125	4,551	11,125

DEBTORS
			Grou		Com an
		2021	2020	2021	2020
		E		E
Trade debtors		11,683	36,878
Amounts owed by group undertakings				138,571
Other debtors			11,623		11,624
Prepayments	and accrued income	52,624	23,094	61,083	332,907
		64,307	71,595	199,654	344,531

CREDITORS:		Amoun	ts falling due withi	n one year
					Grou		Com an
				2021	2020	2021	2020
				E
Bank loans and		overdrafts		49,877		49,877
Trade creditors				120,142	199,707	90,069	141,044
Amounts owed		to group undertakings					315,102
Other taxation	and social security			12,744	28,134	12,744	28,134
Other creditors				8,211	5,718	?,877	5,384
Accruals and deferred			income	81,133	171,029	71,146	162,033
				272,107	404,588	231 713	651,697

			Grou		an
		2021	2020	2021	2020
		F	E
Bank	loans	204,167		204,167

Creditors i	nclu	de amounts not wholly	repayable within 5year	s as follows:
				Grou		Com	an
			2021	2020	2021f		2020 E
Repayable	by	instalments	4,167		4,167

STATE	MENT OF	FUNDS - CU	RRENT YEAR
							Balance at
				Balance at			31 March
				1 April 2020	Income	Expenditure	2021
				F
Designated funds
Designated Fund - Maintenance			fund	1,000,000			1,000,000
General	funds
General	Fund - all	funds		3,674,779	893,784	(1,524,098)	3,044,465
Total Unrestricted		funds		4,674,779	893,784	(1,524,098)	4,044,465
Total of	funds			4,674,779	893,784	(1,524,098)	4,044,465

STATEMEN	T OF FUNDS - P	RI	OR YEAR
							Balance at
				Balance at			31 March
				1 April 2019	Income	Expenditure	2020
							E
Designated	funds
Designated	Fund - Centenary	fund		90,000		(90,000)
Designated	Fund - Maintenance		fund	1,000,000			1,000,000
General Fund - all funds				3,633,697	2,336,169	(2,295,087)	3,674,779

					Balance at
		Balance at			31 March
		1 April 2020	Income	Expenditure	2021
		E		E	E
Designated	funds	1,000,000			1,000,000
General funds		3,674,779	893,784	(1,524,098)	3,044,465
		4,674,779	893,784	(1,524,098)	4,044,465

					Balance at
		Balance at			31 March
		1 April 2019	Income	Expenditure	2020
					E
Designated	funds	1,090,000		(90,000)	1,000,000
General funds		3,633,697	2,336,169	(2,295,087)	3,674,779
		4,723,697	2,336,169	(2,385,087)	4,674,779

ANALY	SIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR
		Unrestricted	Total
		funds	funds
		2021f	2021 E
Tangible	fixed assets	3,658,105	3,658,105
Current	assets	862,634	862,634
Creditors due within one year		(272,107)	(272,107)
Creditors due in more than one year		(204,167)	(204,167)
		4,044,465	4,044,465
ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR
		Unrestricted	Total
		funds	funds
		2020	2020
		F	E
Tangible	fixed assets	3,842,947	3,842,947
Current assets		1,236,420	1,236,420
Creditors	due within one year	(404,588)	(404,588)
		4,674,779	4,674,779

						Grou
					2021f	2020 E
Net expenditure for the year (as per Statement				of Financial Activities)	(630,314)	(48,918)
Adjustment for:
Depreciation charges					279,148	279,192
Dividends, interest and rents		from investments			(7,753)	(19,001)
Decrease/(increase)	in stocks				6,574	(7,729)
Decrease in debtors					7,288	8,660
Increase/(decrease)	in creditors				71,686	(54,225)
Net cash (used in)/provided		by operating	activities		(273,371)	157,979