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|||||Page|
|---|---|---|---|---|
|Tiustees' annual
report (incorporating||the|director's report)||
|Independent
auditor's|report to the members||||
|Statement offinancial|actiVities (including||income and||
|expenditure
account)|||||
|Statement offinancial|position|||12|
|Statement ofcash IloiNs||||13|
|Notes to the financial|statements|||14|
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|REFEREN|CE AND|ADMINISTRA|ADMINISTRA|TIVE DETAIL|S|S|||
|---|---|---|---|---|---|---|---|---|
|Registered|charity|name||Cardiff Young|Men's Christian||Association||
|Charity registration||number||1155885|||||
|Company|registration||number|08151485|||||
|Principal office and||registered||Cardiff YMCA|||||
|office||||The Walk|||||
|||||Roath|||||
|||||Cardiff|||||
|||||CF243AG|||||
|The trustees||||Mr D Coles||||Chairperson|
|||||Ms M Ress|||||
|||||Mrs E Powell|||||
|||||Mr DJoyce|||||
|||||Mr A Bell|||||
|||||Mr M O' Brien||||Resigned 31March 2022|
|||||Mr A Maund||||Resigned 23May 2022|
|||||Mrs M Garrod
Mrs8 N Keen|Jones|||Resigned 15June 2022
Resigned 11Ju/y 2022|
|Company|secretary|&|Senior||||||
|Management||||Andrew Templeton|||||
|Auditor||||Carston|||||
|||||Chartered
accountants||&statutory||auditor|
|||||1st Floor, Tudor House|||||
|||||16Cathedral|Road||||
|||||Cardiff|||||
|||||CF11QLJ|||||
|Bankers||||Lloyds TSBBank pic|||||
|||||1-4The Globe Centre|||||
|||||Wsilaeld Road|||||
|||||Roath|||||
|||||Cardiff|||||
|Solicitors||||Morgan Cols|||||
|||||Bradley Court|||||
|||||Park Plans|||||
|||||Cardiff|||||
|||||CF1 3DP|||||
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||Ye|ar end|ed 31March|2023|||
|---|---|---|---|---|---|---|
|||||2023||2022|
||||Unrestricted|Restricted|||
||||funds|funds|Total funds|Totslfunds|
|||Note'||8|8||
|Income and endowments|||||||
|Donations
and legacies
Charitable
activities|||103,908
2450|284,913
110,496|388,821
112,746|719,564
103,999|
|O8ter trading
activities
Investment
income|||202,483||202,483|300
171,826|
|Other income|||16,532||18,532||
|Total income|||325,173|395,409|720,582||
|Expenditure
Expenditure
on charitable|activities|10,11|286,990|510,353|797,343|806,615|
|Total expenditure|||286,990|510,353|797,343|806,615|
|Net (expenditure)/Income
movement
in funds|and net||38,183|(114,944)|(78,761)|189,074|
|Reconciliation
offunds|||||||
|Total funds brought forward|||481,472|696,024|1,177,496|988,422|
|Total funds carried forward|||519,655|581,080|1,100,735|1,177,496|
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|Cardi|f|f Young li|en's Christian Associ|ation||
|---|---|---|---|---|---|
|||Company|Limited by Guarantee|||
|||Statement ofCash Flows||||
|||Year ended 31 March 2023||||
|||||2023
6|2022f|
|Cash flows from operating||activities||||
|Net (expenditure)/income||||(76,761)|189,074|
|Adjustments
for:||||||
|Depreciation oftangible fixed assets||||20,418|22,890|
|Government
grant income|||||(6,029)|
|Interest payable snd similar||charges||682|682|
|Accrued income||||(12,000)|(4,865)|
|Changes/n||||||
|Trade and other debtors||||85I577|11,825|
|Trade and other creditors||||3,591|3,556|
|Cash generated
from operations||||(21,505)|45,317|
|interest paid||||(882)|(682)|
|Net cash from operating
activiTiss||||20,823|216,461|
|Cash flows from investing||activities||||
|Purchase oftangible assets|||||(6,261)|
|Net cash used
in investing|activities||||(6,261)|
|Cash flows from financing||activities||||
|Government
grant income|||||6,029|
|Payments
ofOnance lease|liabilities|||(4,600)|(4,599)|
|Net cash (used in)/from
financing
activities||||(4,600)|1,430|
|Net Increase fn cash and|cash equivalents|||16,223|211,630|
|Cash and cash equivalents||al beginning|ofyear|534443|323,213|
|Cash and oash equivalents||at end ofyear||551,068|534,843|
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|5.|Donations|and legacies||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2023|
|||||6|6|
||Donations|||||
||Donations|- General|3,908||3,908|
||Donations|- 1910Successor Trustees|100,000||100,000|
||Legacies|||||
||Legacies|||||
||Grants|||||
||Grants receivable|||284,913|284,913|
||Government|grant income||||
||||103,908|284,9'l3|388,821|
||||Unreslricied|Restricted|Total Funds|
||||Funds|Funds|2022|
||||6|2||
||Donations|||||
||Donations|- General|3,215||3,215|
||Donations|- 1910Successor Trustees|100,000||100,000|
||Legacies|||||
||Legacies||200,000||200,000|
||Grants|||||
||Grants receivable|||410,320|410,320|
||Government|grant income|6,029||6,029|
||||309,244|410,320|719,564|
|6.|Charitable|activities||||
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2023|
|||||6|6|
||Youth Service level agreement||2,250|110,496|112,746|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2022|
||||||6|
||Youth Service level agreement|||103,999|103,999|
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||||||Unrestricted|Total Funds|Total Funds|Unrestricted|Unrestricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Funds||2023||Funds||2022|
||||||E||E||E|||
||Catering||||||||300||300|
|B.|investment|income||||||||||
||||||Unrestricted|Total Funds||Unrestricted||Total Funds||
||||||Funds||2023||Funds||2022|
||||||E||E||||E|
||Rental income||||202,483||202,483||171,828||171,826|
|9.|Other income|||||||||||
||||||Unrestricted|Total Funds||Unrestricted||Total Funds||
||||||Funds||2023||Funds||2022|
||||||E||E||||E|
||Recharges|to YMCA Housing|||16,532||16,532|||||
||Other Income represents|||the recharges|made to Cardiff||YMCA Housing||Association||for shared|
||costs, in particular||relating|to the merger.||||||||
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||||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|---|
||||||Funds|Funds|2023|
||||||E|E||
|Young People's Services
Plasnewydd
Community
Support costs||Centre|||87,590
158,269
43,131|501,244
9,109|588,834
165,378
43,131|
||||||286,990|510,353|797,343|
||||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds|2022|
|||||||E|E|
|Young People's Services
Plasnewydd
Community
Support costs||Centre|||90,325
157,429
52,754|496,998
9,109|587,323
166,538
52,754|
||||||300,508|506,107|806,615|
|Expenditure|on charitable||activities by activity type|||||
|||||Activities||||
|||||undertaken|Support|Totalfunds|Total fund|
|||||directly|costs|2023|2022|
|||||E||E||
|Young People's Services
Plesnewydd
Community
Governance
costs||Centre||588,834
165,378|35,565
2,966
4,600|624,399
168,344
4,600|611,373
191,612
3,630|
|||||754,2'l2|43,131|797,343|806,615|
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|||||2023|2022|
|---|---|---|---|---|---|
|||||E|E|
|Depreciation
oftangible|fixed assets|||20,418|22,890|
|Operating
lease rentals||||20,540|22,200|
|Fees payable for the audit ofthe||linancisl|statements|3,900|3,600|
|Staff costs||||||
|The total staif costs and|employee|benefits|for the reporbng|period are analysed as|follows:|
|||||2023|2022|
|||||E|E|
|Wages and salaries
Social security costs||||389,930
28,987|468,906
32,116|
|Employer contributions|to pension|plans||26,228|33,510|
|||||443,125|534,532|
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|No trustee expenses hav
Tangible fixed assets|e been Incurred.|||||
|---|---|---|---|---|---|
||Land and|Fixtures and|Motor|||
||buildings|ftsngs|vehicles|Equipment|Total|
|||E||E|E|
|Cost||||||
|At 1 April 2022|599,665|27,027|35,915|17,329|880,135|
|Disposals||(68)|||(88)|
|At 31March 2023|599,865|26,959|35,915|17.329|880,088|
|Depreciation
At 1 April 2022
Charge for the year
Disposals|49,563
13,516|19,526
2,634
(65)|23,315
4,200|17,263
68|109,867
20,416
(68)|
|At 31 INarch 2023|63,079|22,092|27,515|17,329|130,015|
|Carrying
amount
At 31March 2023|536,786|4,667|8,400||550,053|
|At 31 March 2022|550,302|7,501|12,600||570,469|
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|18,|Creditors: amounts|f|alling due within one year|||
|---|---|---|---|---|---|
|||||2023|2022|
|||||E|E|
||Trade creditors|||24,199|18,645|
||Accruals snd defened||Income|10,522|11,177|
||Social security and other taxes
Obligations
under finance leases snd hire purchase contracts
Other creditors|||5,849
768
15,063|6,421
4,600
10,599|
|||||56,201|51,442|
|19.|Cmditors: amounts|falling dus after more than one year||||
|||||2023|2022|
|||||E||
||Obligations
under finance leases and hire purchase contracts||||768|
||Other creditors|||10,000|15,000|
|||||10,000|15,768|
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|Analysis ofc|haritable fu|nds|||||
|---|---|---|---|---|---|---|
|Unrestricted|funds||||||
|||At 1||||At31|
|||Aprs 2022|Income|Expenditure|Transfers|March 2023|
|||E|E|E|E|E|
|Generslfunds||231,472|312,767|(258,077)||286,182|
|Designated
funds:|||||||
|Contingency|reserve|100,000||||100,000|
|Plasnewydd
Centre
Merger reserve||120,000
30,000|12,406|(28,913)||120,000
13,49$|
|||481,472|325,173|(286,990)||519,655|
|||At 1||||At 31|
|||April 2021|Income|Expenditure|Transfers|March 2022|
|||E|E|E|E|E|
|General funds||200,610|481,370|(300,508)|(150,000)|231,472|
|Designated
funds:
Contingency
reserve||100,000||||100,000|
|Piasnewydd
Centre
Merger reserve|||||120,000
30,000|120,000
30,000|
|||300,810|481,370|(300,508)||481,472|
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|Restricted funds||||||
|---|---|---|---|---|---|
||At 1||||At 31|
||April 2022|Income
8|Expenditure|Transfers
8|March 2023
8|
|CCC Community
Bui!ding|795||||795|
|Garlield Weston||||||
|Foundation
The Waterioo Foundation|7,052
41,819||(7,052)
(15,497)||28,322|
|Plasnewydd
Centre
Development|429,535||(9,109)||420,428|
|Vale Young Carers-||||||
|Families First
Youth Innovation
Grants|6,000
24,785|65,500
15,000|(71,500)
(22,452)||17,333|
|YMCA England 8 Wales-
Ys Girls
Vale Young Carers
Plan International
UK|18,417
81,468
7,144|40,714
24,940|(33,454)
(65,772)
(52)||25,877
40,634
7,092|
|YMCA England
&Wales f
All Churches Trust|8,670||(4,405)||4,265|
|Cardiff Council- Young||||||
|Carats Grant|11,645|107,779|(119,424)|||
|Cardiff CC - Families First||||||
|Healthy
Relationships|36,302|110,498|(146,798)|||
|Healthy Relatlonships-||||||
|Children
In Need||10,500|(10,500)|||
|YCYouth Endowment|22,394||(2,293)||20,101|
|Summer of Fun||5,460|(1,049)||4,431|
|Vale Sexual Health||15,000|(996)||14,004|
||696,024|395,409|(510,353)||581,080|
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||At 1||||At 31|
|---|---|---|---|---|---|
||April 2021
f|Income
2|Expenditure
8|Transfers
E|Mamh 2022|
|CCC Community
Building|T95||||795|
|Garfield Weston||||||
|Foundation
The Waterloo
Foundation|25,669
36,184|34,990|(18,617)
(29,355)||7,062
41,819|
|Pears Foundation|113||(113)|||
|Plasnewydd
Centre
Development|438,644||(9,109)||429,535|
|Vale Young Carers-||||||
|Familles First||55,125|(49,125)||6,000|
|The Skiathos Fund|4,416||(4,415)|||
|Youth Innovation
Grants|17,322|15,000|(T,53T)||24,785|
|Lloyds Bank Foundation|13,331||(13,331)|||
|YMCA England
&Wales-
's Girls|2,795|55,eee|(40,234)||18,417|
|Vale Young Carsrs|61,758|45,918|(16,210)||81,466|
|Plan International
UK|6,637|36,129|(34,522)||T,144|
|YMCA England
&Wales(||||||
|All Churches
Trust|20,000||(11,330)||8,670|
|Cardiif Council- Young
Carers Grant|25,000|105,000|(118,355)||11,645|
|Cardiff CC - Families First||||||
|Healthy
Relationships||131,301|(94,999)||36,302|
|Healthy
Relationshlps-||||||
|Children
in Need|3,737|10,000|(13,737)|||
|YCYouth Endowment|42,512||(20,118)||22,394|
|Healthy Relarionships-||||||
|Vale||15,000|(15,000)|||
|CC Mental Health||10,000|(10,000)|||
|Summer of Fun||||||
|Vale Sexual Health||||||
||687,812|514,319|(506,107)||696,024|
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|Phase|1:|Cardiff YMCA (1910)Trust|B10,000|
|---|---|---|---|
|||The Clothworkers'
Foundason|525,000|
|Phase|2:|The Moondance
Foundation|2150,000|
|||GC Gibson|f2,000|
|Phase|3(grant|received year ended 31 March 2019):||
|||Cardiff Council|830,000|
|||The Tudor Trust|850,000|
|||Joseph Strong Trust|21,000|
|||Glamorgsn
Voluntary
Services|B7,450|
|||Cardiff YMCA (1910)Trust|FA0,000|
|Phase|3(grant|received year ended 31 March 2020):
Hodge Foundation|E100,000|
|||Cardiff County Council|F10,000|
|||Cardiff YMCA (1910)Trust|230,000|
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|Analysis ofnet asse|ts between funds||||
|---|---|---|---|---|
|||Unrestricted|Restricted|TotalFunds|
|||Funds|Funds|2023|
|||F|8|6|
|Tangible fixed assets
Current assets||128,833
457,023|421,220
159,860|550,053
616,883|
|Creditors less than 1|year|(56,201)||(58,201)|
|Creditors greater than|1 year|(10,000)||{10,000)|
|Net assets||519,655|581,080|1,100,735|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2022|
|||||8|
|Tangible fixed assets
Current assets||140,139
408,543|430,330
265,694|570,469
674,237|
|Creditors less than 1
Creditors greater than|year
1 year|(51,442)
(15,768)||(51,442)
(15,768)|
|Net.assets||481,472|696,024|1,177,496|
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|Analy|sis ofchanges
in net debt||||
|---|---|---|---|---|
|||||At|
|||At 1 Apr 2022|Cash flows
8|31 Mar 2023
6|
|Cash|at bank and in hand|534,843|16,223|551(066|
|Debt|dus within one year|(4,600)|3,832|P68)|
|Debt|due after one year|(768)|768||
|||529,475|20,823|550,298|
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