YMCA Exeter Community Projects
(A company limited by guarantee)
Independently Examined Financial Statements for the Year Ended 31 March 2025
Company registration number: 09437425
Charity registration number: 1162431
**YMCA Exeter Community Projects**
## **Contents**
|Reference and Administrative Details|3|
|---|---|
|Welcome and Report on Projects|4 to 9|
|Trustees' Report|10 to 14|
|Independent Examiner's Report|15|
|Statement of Financial Activities|16|
|Balance Sheet|17 to 18|
|Statement of Cash Flows|19|
|Notes to the Financial Statements|20 to 33|
## **YMCA Exeter Community Projects**
## **Reference and Administrative Details**
## **Chair**
Louise Glanville
**Trustees**
William McDermid
Paul Lambdin Lucy Herring Jean Claude Njabou Katte Tom Morrish Emma White Louise Glanville Jonathan Snicker Benjamin Fenton Nicola Buckley
**Charity Registration Number** 1162431
**Company Registration Number** 09437425
**Registered Office** 39/41 St David's Hill Exeter Devon EX4 4DA
**Independent Examiner** Robyn Gifford-England Westcotts (SW) LLP Timberly South Street Axminster Devon EX13 5AD
**Accountants** Westcotts Timberly South Street Axminster Devon EX13 5AD
3
## **Welcome**
Guided by our Christian faith, and through the commitment of our dedicated staff, the generosity of our volunteers, and the consistent support of our donors and partners, we have strengthened our ability to build healthier, more resilient communities across Exeter and the wider region.
Rooted in the example of Jesus, we believe every person is of infinite worth. This conviction shapes the way we welcome people of all faiths or none, creating spaces where young people and families feel safe, respected, and valued. Our faith inspires us to stand alongside those who are struggling, to listen with compassion, and to advocate for young people on the issues that affect their daily lives. We deliver holistic support that nurtures body, mind, and spirit. This enables young people to grow in confidence, develop resilience, and progress with renewed hope and purpose. By staying responsive and adaptable, we continue to meet the changing needs of those we serve, while remaining faithful to the vision and values that guide us.
## **Looking Ahead**
As we move into the new financial year, we do so with gratitude for what has been achieved thus far and with trust in God’s provision for the road ahead. The prayers, resources, and generosity of our community of supporters enable us to extend our reach and further deepen our impact.
This report sets out the milestones we have reached together and highlights how lives have been transformed through our shared work. It also outlines our priorities for the year to come as we continue to create opportunities, strengthen lives, and offer hope to children, young people, and families across our region.
## **Gareth Sorsby**
Gareth began working at YMCA Exeter Community Projects in 2010. After leaving school early, Gareth tried his hand at many professions before gradually working his way up through the ranks to become General Manager at a 4* Cornish hotel, where he led a team of 130 staff. Starting employment at YMCA Exeter as a work coach to help young people and exoffenders into employment, Gareth gradually began to develop and deliver adult education courses within the prison system before turning his hand to youth work. Gareth strongly believes in the importance early intervention, whole-family approaches and programmes, and genuine collaboration.
## **Si Johns**
Si began working at YMCA Exeter Housing Association in 2002 as an Assistant Housing Manager, with a background in youth work and social work. An expert in the benefits system, tribunals and disability training, Si is also a Full Chartered Member of the Chartered Institute of Housing. Si believes that this _“work is all about spotting people’s potential and giving them the time they need to see it for themselves”._
4
## **Projects throughout the Year**
## **Youth Work**
Our open-access youth work in Broadclyst, Westclyst, and Tithebarn has remained a cornerstone of our engagement with young people. Across these areas, we worked with 56 individuals and developed 4 young people into volunteer helpers. Attendance remained steady, with notable growth in regular participation and deeper engagement in sessions.
In Broadclyst, we ran 42 sessions throughout the year, maintaining consistent attendance and introducing popular activities such as cooking and crafts. Family dinners became a highlight, fostering intergenerational connection and practical life skills.
Westclyst saw continued relationship-building, with efforts to secure indoor space at the local primary school. Despite weather challenges and staffing limitations, the youth club grew in numbers and depth of engagement, with activities tailored to young people’s interests and needs.
## **Rural Skills**
Rural skills is the umbrella name that encapsulates all our social and therapeutic interventions within an outdoor environment.
This year marked the launch of three new clinically informed group session interventions: Forging Futures, Whittle for Wellbeing, and Grow for Good—combining blacksmithing, green woodworking, and horticulture with CBT techniques.
These innovative programmes, funded by the Big Lottery’s Awards for All, have supported young 18-25 year old individuals from our housing projects and the wider community in managing anxiety, low mood, and anger.
5
## **Family Minds & Forest Schools**
Family Minds is the working name given to a group of partnering Voluntary, Community and Social Enterprise organisations (VCSE), in which we are a key partner, who are working alongside each other to improve mental health support for children, young people and their families across Devon. We are focused on ensuring that they receive excellent care and support when they need it, where they need it. We work together not because we _**must but**_ because we want to, knowing that the impact our partnerships have is much more than any one of us could achieve alone.
The focus for this year has been assisting schools and the local authority in tackling Emotionally Based School Avoidance, or as more helpfully named, Attendance and Wellbeing.
Our partnership approach has considered all reasons for non-attendance at school and designed a bespoke service to address each area, with 1-2-1 arts therapy from Youth Arts & Health Trust (YAHT) and mental health triage from ‘Heads Up’ for those completely out of school, parental wrap-around support from Parental Minds and support for neurodivergence from the Esteem team.
YMCA’s offering is Forest School interventions delivered on-site to entice young people back onto school grounds or offer an alternative to those struggling in the classroom. Delivered at Honiton Community College and Thomas Hall School, Exeter, feedback from participants has been overwhelmingly positive, highlighting the transformative power of nature-based learning.
6
## **Children and Young People’s Wellbeing Service**
Our team of 5 qualified and 3 trainee therapists supported 132 young people this year, receiving 98 new referrals for 1-2-1 therapy. Our average age was 10 years old, and our youngest client was only 5 years old.
We continue to invest in the professional development of our team, with one practitioner now undertaking a counselling qualification to broaden our therapeutic offer and we are training up team members in clinical supervision skills as Continual Professional Development (CPD). In addition, we have developed and trialled group work interventions to support more young people at once.
Feedback obtained details a 99% satisfaction rate with the service received but the full impact of this service is best illustrated through stories like Matthew’s—an 11-year-old who overcame debilitating anxiety through our support, reclaiming joy and confidence in his daily life.
_Matthew has battled overwhelming anxiety for as long as he can remember. It impacted every aspect of family life and left Matthew unable to enjoy time with his friends for the crippling fear of what might go wrong._
_“I’d constantly worry about the thought of going to school,” says Matthew. “I used to ask constant questions and need to have a complete plan before I joined in anything. I wouldn’t see my friends and I would just say “no” to things._
_“I always thought I’d be a worrier.”_
_Over eight sessions, Georgia worked with Matthew to explore his different anxieties, set clear goals on what he wanted to achieve and learn techniques to equip Matthew with the skills he needed to reach those goals_ .
_“Georgia taught me about worry time,” says Matthew. “It’s a specific time when you allow yourself to think about the worries that you can’t solve. I would do it at the end of the day. The more I practised it, the more I realised that I didn’t have many worries._
_“It was amazing to gradually lose my worries and learn to control them. I always thought I’d be a worrier, but now I’m not, I feel so much happier.”_
_The smile on Matthew’s face as he explains all that he has achieved speaks volumes._
_“I’ve managed to hit all of my goals,” laughs Matthew._
_“It feels like we’ve been given a fresh start,” explains his mum. “We were all living under this tremendous pressure and anxiety. It stopped us from doing fun things together as a family._
_“I do feel amazed by what changes have happened. And it’s all Matthew doing the work. He was so engaged. Matthew now has effective techniques and the tools that he can take anywhere. He has the resources in himself. He is back in control of his own life._
7
## **Family and Community Work Exwick**
The Exwick team, in partnership with Exwick Community Church, had a fruitful year, continuing to deliver impactful work to their Parish and beyond.
Collaborative work with the Children and Families Wellbeing Practitioners (CWP) and rural skills teams has strengthened our holistic approach to family wellbeing, and we have witnessed some excellent cross-department work with housing colleagues to support vulnerable residents access benefits and gain further housing-related support.
Moving onto 2025/26 we will be working with Exwick Community Church to transfer this work over to them as a natural conclusion to the partnership after 6 years.
## **Trinity Church Partnership**
Our partnership with Trinity Church has flourished this year, with the team leading a vibrant programme for young families in Newcourt and Clyst Heath. Despite challenges such as venue changes and limited hours, the team delivered a wide range of interventions, including toddler groups, Messy Church, seasonal events, and the new Begin Well antenatal course.
The success of these programmes has led to a planned increase in contracted hours from September 2025, enabling the team to pilot new initiatives such as peer breastfeeding support, mentoring for families, and school-based interventions at Clyst Heath School.
## **Thank you to our Supporters**
Our success this year would not have been possible without the incredible contributions of our supporters, our staff, who tirelessly dedicate themselves to this work, our volunteers, who give their time and energy so generously, our church partners who see the spiritual effects of the practical work delivered, and to our donors, whose financial support enables us to dream bigger and achieve more. Thank you.
A special thank you to our volunteers who have made our horticultural and youth work programmes possible. Your commitment has transformed lives and created lasting change in our community.
Finally, to all those young people and families who have participated in our programmes, we are deeply grateful for your trust and involvement. You are the heart of everything we do, and we look forward to continuing this journey together.
8
"Y¥J
## **YMCA Exeter Community Projects**
## **Trustees' Report**
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2025.
## **Objectives and activities**
## _**Objects and aims**_
Our Christian ethos is the foundation and inspiration for all that we do, and therefore our Strategic Objectives seek to be more than simply about organisational development; through them we seek to demonstrate the love of Christ to those around us and seek out, welcome, inspire, speak out and serve communities in His name.
## **Remain true to our values and be obedient to God’s calling**
This objective is the core of who we are and will shape all our existing and future work and the way we interact with our colleagues, partners and service users.
## **Value, develop and inspire our staff and volunteers to develop a highly skilled and motivated team**
We recognise that our staff team are our greatest resource. With them empowered and operating at high capacity we will achieve more. YMCA Exeter is committed to high quality training and planning of career progression for all our staff. We will cultivate a reputation as an employer of excellence across Exeter and beyond.
## **Continually listen to our communities to identify needs and work together to meet them**
We will ensure that communities are involved in everything we do, from needs analysis, planning new work, fundraising and delivery to create change from within.
## **Ensure our consistent financial sustainability**
We are committed to ensuring our financial sustainability through first and foremost trusting in God, coupled with developing a wide range of financial models including enterprise, grants, contracts and donations.
## **Grow, expand and deepen our work**
We will strive for excellence in all we do, ensuring all our programmes and services are delivered to the highest possible standard. We are committed to working in partnership with Churches and with other organisations that demonstrate similar values to our own.
## _**Public benefit**_
All our charitable activities focus on helping young people who are exposed to a range of risks or are in some way vulnerable. The trustees have read the Charity Commission guidance on public benefit, are satisfied that these activities further our charitable purposes and clearly demonstrate that the charity is providing a benefit to the public.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
10
## **YMCA Exeter Community Projects**
## **Trustees' Report**
## **Financial review**
Income is generated through several different channels. Restricted funding for specific projects is received from grants and service delivery contracts. Unrestricted funding, which is critical for covering core operating costs, comes through general donations from individuals, churches, organisations and fundraising activities.
Total income in the financial year has increased by £84,472 compared to the previous financial year. Total expenditure has increased by £80,860. The financial performance for the year is a net surplus of £60,949.
## _**Policy on reserves**_
The trustees aim to hold reserves consisting of the following amounts:
- £31,340 for ongoing maintenance of the building.
- £10,000 for set-up costs in new project developments.
In addition, the trustees aim to hold 2 months of overall expenditure in reserve to allow for the peaks and troughs of funding timing. Based on 2025/26 budgets, this is approximately £101,460.
The total amount of reserves the trustees would like to hold is therefore £142,800.
At the year end, net assets were £233,209 of which £44,465 were tangible fixed assets giving net current assets of £188,744. Of this £48,840 was held as restricted funds, leaving free reserves of £139,904. The free reserves level is broadly in line with the reserves policy. The trustees are monitoring the reserves closely.
## _**Investment policy and objectives**_
The Charity has set aside a designated reserve to meet future expenditure on buildings. The Charity has no other reserves for investment as income is used as working capital.
## **Plans for future periods**
## _**Aims and key objectives for future periods**_
The trustees together with the executive team are developing a new strategic plan for the coming 5 years which will be influenced by key societal concerns and issues effecting Exeter. In the coming year we will continue to deliver our current projects whilst striving to improve on outcomes and long-term impact for the people we serve.
## **Trustees and officers**
The trustees and officers serving during the year and since the year end were as follows:
11
## **YMCA Exeter Community Projects**
## **Trustees' Report**
Chair:
Paul Reisbach (resigned 18 November 2024) Louise Glanville
Trustees: Paul Reisbach (resigned 18 November 2024) William McDermid Paul Lambdin Sara Traynor (resigned 23 September 2024) Lucy Herring Jean Claude Njabou Katte Tom Morrish Emma White Louise Glanville Rita Nardone (resigned 23 September 2024) Jonathan Snicker Benjamin Fenton (appointed 23 September 2024) Nicola Buckley (appointed 23 September 2024)
## **Structure, governance and management**
## _**Organisational structure**_
The Association is an incorporated registered charity (number 1162431). The governance of the Association is conducted in accordance with the Constitution registered with the Charity Commission. The business of the Association is managed by the Board, which may include co-opted members, who may not exceed five in number or one-third of the membership of the Board.
The Charity has a Board of up to a maximum of twelve members who meet regularly. They are responsible for the strategic direction and policy of the Charity. One third of the number of members of the Board or three members (whichever is the greater), need to attend each meeting to form a quorum. At 31 March 2025, the board comprised of ten members.
The Board seeks to ensure that members have a range of skills covering business management areas, together with those with experience of working with our primary client groups. Where there is a lack of particular skills or they are lost due to retirement from the Board, individuals with similar skills are sought as replacements.
All members of the Board give their time voluntarily and receive no benefits from the Charity.
## **LEADERSHIP**
Since 2017 we have had a joint leadership model to foster accountability and mutual support in what can often be an isolating role. Our joint CEOs strive to deliver a better, stronger and more effective service for our beneficiaries, our staff and our volunteers.
12
## **YMCA Exeter Community Projects**
## **Trustees' Report**
## **Risk Management**
The Board has conducted a review of the major risks to which the Charity is exposed. Where appropriate, systems or procedures have been established to mitigate the risks the Charity faces.
Internal control risks are minimised by the implementation of procedures for authorisation of transactions and projects. Budgets are produced prior to the commencement of the year to establish the level of funding required and applications are made to cover this expenditure. Much of the expenditure is planned in advance to ensure that it does not exceed the annual income. If funds are not forthcoming, then the work of the Charity is curtailed.
Management accounts are prepared quarterly, and these are compared with the budget to ensure the Charity can maintain its activities. These are presented to the Board who review past performance and plan for the future. None of the projects charge clients for the services supplied, so the Charity is dependent upon a range of funding streams to cover our costs each year. Procedures are in place to ensure compliance with health and safety of staff, service users and visitors to the premises and regular reports are made to the Board. These procedures are periodically reviewed to ensure that they continue to meet the needs of the Charity.
## **Statement of trustees' responsibilities**
The trustees (who are also the directors of YMCA Exeter Community Projects for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
13
## **YMCA Exeter Community Projects**
## **Trustees' Report**
## **Small companies provision statement**
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
The annual report was approved by the trustees of the charity on 22[nd] September 2025 and signed on its behalf by:
Louise Glanville Chair and Trustee
William McDermid Treasurer and Trustee
14
## **YMCA Exeter Community Projects**
## **Independent Examiner's Report to the trustees of YMCA Exeter Community Projects ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner’s statement**
Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of YMCA Exeter Community Projects as required by section 386 of the 2006 Act: or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
...................................... Robyn Gifford-England the Institute of Chartered Accountants in England and Wales (ICAEW)
Timberly South Street Axminster Devon EX13 5AD
Date: .............................
15
## **YMCA Exeter Community Projects**
## **Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total**
**2025**
**Total**
**2024**|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total**
**2025**
**Total**
**2024**|
|---|---|
|**Note**
**£**
**£**
**£**
**£**||
|**Income and Endowments from:**||
|Donations and legacies
3|73,929
128,753
202,682
230,649|
|Charitable activities
4|56,520
320,225
376,745
278,015|
|Other trading activities
5|-
22,794
22,794
2,203|
|Investment income
6|213
-
213
100|
|Other income
7|67,278
-
67,278
74,273|
|Total income||
||197,940
471,772
669,712
585,240|
|**Expenditure on:**||
|Raising funds
8|(79,179)
(1,465)
(80,644)
(52,679)|
|Charitable activities
9|(82,669)
(445,450)
(528,119)
(475,224)|
|Total expenditure||
||(161,848)
(446,915)
(608,763)
(527,903)|
|Net income||
||36,092
24,857
60,949
57,337|
|Net movement in funds||
||36,092
24,857
60,949
57,337|
|**Reconciliation of funds**||
|Total funds brought forward||
||148,277
23,983
172,260
114,923|
|Total funds carried forward
18||
||184,369
48,840
233,209
172,260|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 18.
The notes on pages 20 to 33 form an integral part of these financial statements.
16
## **YMCA Exeter Community Projects**
## **(Registration number: 09437425) Balance Sheet as at 31 March 2025**
||**2025**
**2024**|
|---|---|
|**Note**|**£**
**£**|
|**Fixed assets**||
|||
|Tangible assets
14|44,465
51,313|
|**Current assets**||
|||
|Debtors
15|73,151
48,123|
|Cash at bank and in hand|121,077
77,961|
||194,228
126,084|
|**Creditors: Amounts falling due within oneyear**
16||
||(5,484)
(5,137)|
|**Net current**assets||
||188,744
120,947|
|**Net**assets||
||233,209
172,260|
|**Funds of the charity:**||
|**Restricted income funds**||
|||
|Restricted funds|48,840
23,983|
|**Unrestricted income funds**||
|||
|Unrestricted funds|184,369
148,277|
|**Total funds**
18||
||233,209
172,260|
For the financial year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
## Directors' responsibilities:
- The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The notes on pages 20 to 33 form an integral part of these financial statements.
17
## **YMCA Exeter Community Projects**
## **(Registration number: 09437425) Balance Sheet as at 31 March 2025**
The financial statements on pages 16 to 33 were approved by the trustees and authorised for issue on 22[nd] September 2025 and signed on their behalf by:
Louise Glanville Chair and Trustee
William McDermid Treasurer and Trustee
The notes on pages 20 to 33 form an integral part of these financial statements.
18
## **YMCA Exeter Community Projects**
## **Statement of Cash Flows for the Year Ended 31 March 2025**
||**2025**
**2024**|
|---|---|
|**Note**|**£**
**£**|
|**Cash flows from operating activities**||
|Net cash income||
||60,949
57,337|
|**Adjustments to cash flows from non-cash items**||
|||
|Depreciation
14|6,848
6,581|
|Investment income
6|(213)
(100)|
||67,584
63,818|
|**Working capital adjustments**||
|||
|(Increase)/decrease in debtors
15|(25,028)
8,384|
|Increase/(decrease) in creditors
16|347
(12,913)|
|Decrease in deferred income|-
(3,567)|
|Net cash flows from operatingactivities||
||42,903
55,722|
|**Cash flows from investing activities**||
|||
|Interest receivable and similar income
6|213
100|
|Purchase of tangible fixed assets
14|-
(3,346)|
|Net cash flows from investingactivities||
||213
(3,246)|
|Net increase in cash and cash equivalents||
||43,116
52,476|
|Cash and cash equivalents at 1 April||
||77,961
25,485|
|Cash and cash equivalents at 31 March||
||121,077
77,961|
All of the cash flows are derived from continuing operations during the above two periods.
The notes on pages 20 to 33 form an integral part of these financial statements.
19
## **YMCA Exeter Community Projects**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## **1 Charity status**
The charity is a public benefit entity and a private company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
The address of its registered office is:
39/41 St David's Hill Exeter Devon EX4 4DA
## **2 Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with 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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Basis of preparation**
YMCA Exeter Community Projects meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
## **Income and endowments**
All incoming resources are included in the statement of financial activities when entitlement has passed to the Charity; it is probable that the economic benefits associated with the transaction will flow to the Charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
20
## **YMCA Exeter Community Projects**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## _**Donations, legacies and grants**_
Income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable, and its amount can be measured reliably.
Legacy income is recognised when receipt is provable, and entitlement is established.
## _**Donated goods and services**_
Income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
## _**Income from contracts**_
Income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
## **Expenditure**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
## _**Raising funds**_
Expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
## _**Charitable activities**_
Expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
## _**Other expenditure**_
Other expenditure includes all expenditure that is neither related to raising funds for the Charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shares costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
21
## **YMCA Exeter Community Projects**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## **Tangible fixed assets**
Tangible fixed assets are initially recorded at cost, less any accumulated depreciation and impairment losses.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
**Asset class Depreciation method and rate** Freehold property 2% straight line Furniture and equipment Straight line over 5 years Computer equipment Straight line over 3 years
## **Impairment of fixed assets**
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
## **Debtors and creditors receivable/payable within one year**
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Fund structure**
Unrestricted funds are available for use at the discretion of the trustees to further any of the Charity’s purposes.
Operating reserves are unrestricted cash or working capital. The charity aims to hold unrestricted cash reserves of two months budgeted expenditure.
Designated funds are unrestricted funds earmarked by the trustees for future projects or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds.
22
## **YMCA Exeter Community Projects**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## **Pensions and other post-retirement obligations**
## **Defined contribution plans**
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.
## **Pension costs**
Pension costs for the defined contribution scheme are charged against income as they are due.
## **Financial instruments**
## _**Recognition and measurement**_
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
23
## **YMCA Exeter Community Projects**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## **3 Income from donations and legacies**
|**3**
**Income from donations and legacies**||
|---|---|
||**Unrestricted**|
||**funds**
**Restricted**
**Total**|
||**General**
**funds**
**2025**|
||**£**
**£**
**£**|
|Donations|61,054
61,668
122,722|
|Gift aid reclaimed|12,875
12,535
25,410|
|Grants,includingcapitalgrants;|-
54,550
54,550|
||73,929
128,753
202,682|
||**Unrestricted**|
||**funds**
**Restricted**
**Total**|
||**General**
**funds**
**2024**|
||**£**
**£**
**£**|
|Donations|81,339
29,128
110,467|
|Gift aid reclaimed|26,092
-
26,092|
|Grants,includingcapitalgrants;|5,000
89,090
94,090|
||112,431
118,218
230,649|
|**4**
**Income from charitable activities**||
||**Unrestricted**|
||**funds**
**Restricted**
**Total**|
||**General**
**funds**
**2025**|
||**£**
**£**
**£**|
|Project Delivery Contracts|11,520
270,225
281,745|
|Volunteer coordination and support|45,000
50,000
95,000|
||56,520
320,225
376,745|
||**Unrestricted**|
||**funds**
**Restricted**
**Total**|
||**General**
**funds**
**2024**|
||**£**
**£**
**£**|
|Project Delivery Contracts|-
227,015
227,015|
|Volunteer coordination and support|23,000
28,000
51,000|
||23,000
255,015
278,015|
24
## **YMCA Exeter Community Projects**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
|**5**
**Income from other trading activities**||
|---|---|
||**Restricted**
**Total**|
||**funds**
**2025**|
||**£**
**£**|
|Events income;||
|Fundraising events|22,794
22,794|
|||
||**Unrestricted**|
||**funds**
**Restricted**
**Total**|
||**General**
**funds**
**2024**|
||**£**
**£**
**£**|
|Events income;||
|Fundraising events|2,190
13
2,203|
|**6**
**Investment income**||
||**Unrestricted**|
||**funds**
**Total**|
||**General**
**2025**|
||**£**
**£**|
|Interestreceivable and similar income|213
213|
|||
||**Unrestricted**|
||**funds**
**Total**|
||**General**
**2024**|
||**£**
**£**|
|Interestreceivable and similar income|100
100|
|**7**
**Other income**||
||**Unrestricted**|
||**funds**
**Total**
**Total**|
||**General**
**2025**
**2024**|
||**£**
**£**
**£**|
|Office Rental - City of Exeter YMCA|20,608
20,608
19,320|
|Lease Rental - City of Exeter YMCA|5
5
5|
|Centre Management - YMCA Centres (South||
|Molton)|46,665
46,665
54,948|
||67,278
67,278
74,273|
25
## **YMCA Exeter Community Projects**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
**8 Expenditure on raising funds**
|**8**
**Expenditure on raising funds**|**8**
**Expenditure on raising funds**|
|---|---|
|**Unrestricted**||
|**funds**
**Restricted**
**Total**||
|**General**
**funds**
**2025**||
|**£**
**£**
**£**||
|Fundraising costs
2,216
1,465
3,681||
|Wages & salaries
66,536
-
66,536||
|Employer's NIC
5,766
-
5,766||
|Pension costs
4,661
-
4,661||
|79,179
1,465
80,644||
||**Unrestricted**|
||**funds**
**Total**|
||**General**
**2024**|
||**£**
**£**|
|Fundraising costs|2,657
2,657|
|Wages & salaries|43,542
43,542|
|Employer's NIC|3,430
3,430|
|Pension costs|3,050
3,050|
||52,679
52,679|
26
## **YMCA Exeter Community Projects**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## **9 Expenditure on charitable activities**
||**Therapeutic**
**Horticulture**
**&**
**Youth &**
**Mental**
**Health &**
**Family**|
|---|---|
||**Core**
**Volunteers**
**Family**
**Wellbeing**
**Minds**
**2025**|
||**£**
**£**
**£**
**£**
**£**
**£**|
|Staff costs|45,240
44,813
69,402
210,630
5,998
376,083|
|User costs|654
6,310
2.116
815
32,262
42,158|
|Office costs|1,266
1,395
1,967
6,865
-
11,494|
|Operations|7,294
759
434
15,652
-
24,139|
|Premises|617
240
0
-
-
857|
|Utilities|6,807
300
300
600
-
8,006|
|Governance|4,430
-
-
-
-
4,430|
|Depreciation|4,129
2,029
281
410
-
6,849|
|Management & admin|11,319
6,375
9,517
23,368
-
50,579|
|Fundraising& Publicity|914
443
542
1,626
-
3,525|
||82,669
62,665
84,559
259,965
38,260
528,119|
|Unrestricted Funds|82,669
-
-
-
-
82,669|
|Restricted Funds|-
62,665
84,559
259,965
38,260
445,450|
||82,669
62,665
84,559
259,965
38,260
528,119|
||**Therapeutic**
**Horticulture**
**&**
**Youth &**
**Mental**
**Health &**|
|---|---|
||**Core**
**Volunteers**
**Family**
**Wellbeing**
**2024**|
||**£**
**£**
**£**
**£**
**£**|
|Staff costs|45,312
45,558
40,110
227,680
358,660|
|User costs|-
5,624
1,387
925
7,936|
|Office costs|6,610
734
715
-
8,059|
|Operations|6,974
1,111
96
10,745
18,926|
|Premises|1,687
644
-
6,483
8,814|
|Utilities|8,864
-
-
-
8,864|
|Governance|3,770
-
-
-
3,770|
|Depreciation|4,696
1,475
-
409
6,580|
|Management & admin|7,778
6,331
4,849
31,276
50,234|
|Fundraising& Publicity|541
441
224
2,175
3,381|
||86,232
61,918
47,381
279,693
475,224|
|Unrestricted Funds|86,232
-
-
-
86,232|
|Restricted Funds|-
61,918
47,381
279,693
388,992|
||475,224
61,918
47,381
279,693
475,224|
27
## **YMCA Exeter Community Projects**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## **10 Net incoming/outgoing resources**
Net incoming resources for the year include:
||**2025**|**2024**|
|---|---|---|
||**£**|**£**|
|Depreciation of fixed assets|6,849|6,581|
## **11 Trustees’ remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year (2024: Nil).
## **12 Staff costs**
The aggregate payroll costs were as follows:
|**12**
**Staff costs**
The aggregate payroll costs were as follows:||
|---|---|
||**2025**
**2024**|
||**£**
**£**|
|**Staff costs during the year were:**||
|||
|Wages and salaries|376,549
333,829|
|Social security costs|20,426
20,296|
|Pension costs|24,313
23,279|
||421,288
377,404|
The monthly average number of persons (including senior management / leadership team) employed by the Charity during the year was as follows:
||**2025**
**2024**|
|---|---|
||**No**
**No**|
|The average head count of employees during the year|20
20|
No employee received emoluments of more than £60,000 during the year.
The total remuneration for the key management personnel of the Charity was £82,102 (2024 - £75,074). Employer's national insurance on this amounted to £8,778 (2024: £7,882), and employer's pension contributions amounted to £5,747 (2024: £5,255).
## **13 Independent examiner's remuneration**
|**13**
**Independent examiner's remuneration**||
|---|---|
||**2025**
**2024**|
||**£**
**£**|
|Fees payable to the independent examiner for:||
|
Independent examination of the financial statements|3,725
3,465|
28
## **YMCA Exeter Community Projects**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## **14 Tangible fixed assets**
||||**Horticulture**|||
|---|---|---|---|---|---|
||**Land and**|**Core Furniture**|**furniture and**|**Core Computer**||
||**buildings**|**and equipment**|**equipment**|**equipment**|**Total**|
||**£**|**£**|**£**|**£**|**£**|
|**Cost**||||||
|At 1 April 2024|106,541|11,326|9,474|8,797|136,138|
|At 31 March 2025|106,541|11,326|9,474|8,797|136,138|
|**Depreciation**||||||
|At 1 April 2024|65,376|8,326|4,299|6,824|84,825|
|Charge for the||||||
|year|2,810|1,141|1,895|1,002|6,848|
|At 31 March 2025|68,186|9,467|6,194|7,826|91,673|
|**Net book value**||||||
|At 31 March 2025|38,355|1,859|3,280|971|44,465|
|At 31 March 2024|41,165|3,000|5,175|1,973|51,313|
## **15 Debtors**
|**15**
**Debtors**||
|---|---|
||**2025**
**2024**|
||**£**
**£**|
|Owed by connected organisations - YMCA Centres (South Molton)|11,275
15,102|
|Owed by connected organisations - City of Exeter YMCA|29,748
2,157|
|Prepayments|1,137
1,345|
|Accrued income|16,802
25,000|
|Other debtors|14,189
4,519|
||73,151
48,123|
29
## **YMCA Exeter Community Projects**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## **16 Creditors: amounts falling due within one year**
||**2025**
**2024**|
|---|---|
||**£**
**£**|
|Trade creditors|395
443|
|Accruals|5,089
4,694|
||5,484
5,137|
## **17 Pension and other schemes**
The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £24,313 (2024 - £22,747).
## **18 Funds**
|**18**
**Funds**|**18**
**Funds**|
|---|---|
|**Balance at 1**
**April 2024**
**Incoming**
**resources**
**Resources**
**expended**
**Transfers**
**Balance at**
**31 March**
**2025**||
|
**£**
**£**
**£**
**£**
**£**||
|**Unrestricted funds**||
|**_General_**||
|General Funds
118,937
197,940
(161,848)
(2,000)
153,029||
|Propertyreserve
29,340
-
-
2,000
31,340||
|148,277
197,940
(161,848)
-
184,369||
|**Restricted funds**||
|Horticulture Project
13,905
45,822
(47,642)
-
12,085||
|Volunteer Programme
-
14,000
(12,488)
-
1,512||
|Youthwork - Broadclyst
1,822
47,555
(44,465)
-
4,912||
|Ten:10 Volunteers
-
4,000
(4,000)
-
-||
|Family work - Exwick
4,449
25,500
(24,107)
-
5,842||
|Wellbeing practitioners - Uni||
|of Exeter|-
274,783
(259,965)
-
14,818|
|Trinity Church - Family||
|Work|3,807
15,943
(15,987)
-
3,763|
|FamilyMinds|-
44,169
(38,261)
-
5,908|
||23,983
471,772
(446,915)
-
48,840|
|**Total funds**||
||172,260
669,712
(608,763)
-
233,209|
30
## **YMCA Exeter Community Projects**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
|**Balance at 1**
**April 2024**
**Incoming**
**resources**
**Resources**
**expended**
**Transfers**
**Balance at**
**31 March**
**2025**|**Balance at 1**
**April 2024**
**Incoming**
**resources**
**Resources**
**expended**
**Transfers**
**Balance at**
**31 March**
**2025**|
|---|---|
|
**£**
**£**
**£**
**£**
**£**||
|**Unrestricted funds**||
|**_General_**||
|General Funds
72,500
211,994
(140,847)
(24,710)
118,937||
|Propertyreserve
21,240
-
-
8,100
29,340||
|93,740
211,994
(140,847)
(16,610)
148,277||
|**Restricted funds**||
|Horticulture Project
5,325
50,474
(41,894)
-
13,905||
|Volunteer Programme
2,022
14,000
(16,971)
949
-||
|Youthwork - Broadclyst
1,657
11,581
(11,416)
-
1,822||
|Ten:10 Volunteers
-
4,000
(3,151)
(849)
-||
|Mental Health
-
-
(8,176)
8,176
-||
|Wellbeing Exeter
6,705
66,180
(70,841)
(2,044)
-||
|Family work - Exwick
3,651
21,600
(20,802)
-
4,449||
|Wellbeing practitioners - Uni||
|of Exeter|-
188,265
(198,643)
10,378
-|
|Trinity Church - Family||
|Work|1,823
17,146
(15,162)
-
3,807|
||21,183
373,246
(387,056)
16,610
23,983|
|**Total funds**||
||114,923
585,240
(527,903)
-
172,260|
31
## **YMCA Exeter Community Projects**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
The specific purposes for which the funds are to be applied are as follows:
The Horticulture Project delivers therapeutic horticulture intervention and mentoring support to young people in the community.
The Volunteer Programme recruits and trains volunteers who then assist on our various projects. It is also responsible for our International Volunteer Programme called TEN:10.
Youthwork, Children Services and Family Work run in Broadclyst (commissioned by Broadclyst Parish Church), Exwick (in partnership with Exwick Community Church) and Digby and Newcourt (in partnership with Trinity Church).
Mental Health is the catch-all title for our wide array of programmes and interventions to build personal resilience and wellbeing amongst young people.
Wellbeing Exeter Community Connectors is a social prescribing multi-agency partnership project. Delivered across the whole of Exeter, YMCA Exeter Community Projects provide support to young people aged 18 – 30 years old referred into the service by local GPs and through self-referrals.
Wellbeing Practitioners (CWP) is a clinical focused intervention for children and young people aged 5 – 18 years with common mental health difficulties, particularly mild to moderate symptoms of anxiety, depression and behavioural difficulties.
## **19 Analysis of net assets between funds**
|**19**
**Analysis of net assets between funds**||
|---|---|
||**Unrestricted**
**Total funds at**|
||**funds**
**Restricted**
**31 March**|
||**General**
**funds**
**2025**|
||**£**
**£**
**£**|
|Tangible fixed assets|41,185
3,280
44,465|
|Current assets|148,365
45,863
194,228|
|Current liabilities|(5,181)
(303)
(5,484)|
|Total net assets||
||184,369
48,840
233,209|
|||
||**Unrestricted**
**Total funds at**|
||**funds**
**Restricted**
**31 March**|
||**General**
**funds**
**2024**|
||**£**
**£**
**£**|
|Tangible fixed assets|46,138
5,175
51,313|
|Current assets|106,836
19,248
126,084|
|Current liabilities|(4,697)
(440)
(5,137)|
|Total net assets||
||148,277
23,983
172,260|
32
## **YMCA Exeter Community Projects**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
|**20**|**Analysis of net funds**|||||
|---|---|---|---|---|---|
|||||**Financing cash**|**At 31 March**|
|||**At**|**1 April 2024**|**flows**|**2025**|
||||**£**|**£**|**£**|
|Cash at bank and in hand|||77,961|43,115|121,076|
|Net cash/(debt)|||77,961|43,115|121,076|
|||||**Financing cash**|**At 31 March**|
|||**At**|**1 April 2023**|**flows**|**2024**|
||||**£**|**£**|**£**|
|Cash at bank and in hand|||25,485|52,476|77,961|
|Net cash/(debt)|||25,485|52,476|77,961|
## **21 Related party transactions**
City of Exeter YMCA Housing Association is a company limited by guarantee and is registered in England under the Companies Act 2006, number 2449636 and a registered charity, number 803226. City of Exeter YMCA is registered with the Regulator of Social Housing as a registered provider of social housing, number H3905. YMCA Centres (South Molton) is an incorporated registered charity and company limited by guarantee. The trustees of City of Exeter YMCA, YMCA Exeter Community Projects and YMCA Centres (South Molton) are the same individuals.
Day to day responsibility for the management of the three organisations rests with the Joint Executive Leads of City of Exeter YMCA Housing Association and YMCA Exeter Community Projects supported by the senior management team under a service level agreement between the respective organisations.
During the year, the charity made payments to and received payments from City of Exeter YMCA Housing Association and YMCA Centres (South Molton) for shared costs and services provided. These have been charged at cost, without allowing any discounts due to the connected nature of their relationship.
The Charity charges City of Exeter YMCA for the work carried out by the Joint Chief Executive Officer, volunteer coordinator, international volunteers (TEN:10) and staff running the Horticulture Project. In addition, the Charity charges rental of office space and room. The total charges for the year amount to £115,608 (2024: £70,320). The Charity invoices YMCA Centres (South Molton) a centre management fee for the running of the Centre, £46,665 (2024: £54,948).
The Charity is being charged by City of Exeter YMCA for services provided; cleaning, management and administration, publicity and marketing, resources and communications support and staff supporting the Charity’s project. Other charges include office expenses and provision of accommodation for international volunteers. The charge for the year is £63,977 (2024: £63,674). The amount charged is at cost.
During the year City of Exeter YMCA transferred £3,333 (2024: Nil) to the Charity, being an unused restricted reserve so that it can be spent in the Charity according to the condition of the grant.
At the end of the year £29,748 (2024: £2,157) was owed by the City of Exeter YMCA. An amount of £11,275 (2024: £15,102) was owed from YMCA Centres (South Molton) for funds received on its behalf.
33
## **YMCA Exeter Community Projects**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2025**
||**Total**
**Total**|
|---|---|
||**2025**
**2024**|
||**£**
**£**|
|**Income and Endowments from:**||
|Donations and legacies (analysed below)|202,682
230,649|
|Charitable activities (analysed below)|376,745
278,015|
|Other trading activities (analysed below)|22,794
2,203|
|Investment income (analysed below)|213
100|
|Other income(analysed below)|67,278
74,273|
|Total income||
||669,712
585,240|
|**Expenditure on:**||
|Raising funds (analysed below)|(80,644)
(52,679)|
|Charitable activities(analysed below)|(528,119)
(475,224)|
|Total expenditure||
||(608,763)
(527,903)|
|Net income||
||60,949
57,337|
|Net movement in funds||
||60,949
57,337|
|**Reconciliation of funds**||
|Total funds brought forward||
||172,260
114,923|
|Total funds carried forward||
||233,209
172,260|
This page does not form part of the statutory financial statements.
34
## **YMCA Exeter Community Projects**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2025**
||**Total**|**Total**|
|---|---|---|
||**2025**|**2024**|
||**£**|**£**|
|**_Donations and legacies_**|||
|Donations and legacies|148,132|136,559|
|Revenuegrants|54,550|94,090|
||202,682|230,649|
|**_Charitable activities_**|||
|Youth Work Delivery Contracts|281,745|227,015|
|Volunteer coordination and support|95,000|51,000|
||376,745|278,015|
|**_Other trading activities_**|||
|Fundraisingincome|22,794|2,203|
||22,794|2,203|
|**_Investment income_**|||
|Bank interest receivable|213|100|
||213|100|
|**_Other income_**|||
|Office Rental - City of Exeter YMCA|20,608|19,320|
|Lease Rental - City of Exeter YMCA|5|5|
|Centre Management - YMCA Centres(South Molton)|46,665|54,948|
||67,278|74,273|
|**_Raising funds_**|||
|Fundraising costs|(1,681)|(657)|
|Wages & salaries|(66,536)|(43,542)|
|Employer's NIC|(5,766)|(3,430)|
|Pension costs|(4,661)|(3,050)|
|Publicity|(2,000)|(2,000)|
||(80,644)|(52,679)|
|**_Charitable activities_**|||
|Wages and salaries|(310,013)|(290,287)|
|Social security costs|(14,660)|(16,866)|
|Pension costs|(19,652)|(20,229)|
|Staff costs|(20,705)|(28,595)|
|Staff travel|(1,168)|(1,552)|
|Service user costs|(38,702)|(5,619)|
|Office expenses|(11,988)|(9,124)|
|Computer costs|(15,138)|(10,362)|
This page does not form part of the statutory financial statements.
35
## **YMCA Exeter Community Projects**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2025**
||**Total**
**Total**|
|---|---|
||**2025**
**2024**|
||**£**
**£**|
|Insurance|(4,798)
(4,034)|
|Volunteer costs|(374)
(739)|
|International volunteer costs|(3,457)
(2,317)|
|Professional fees|(1,224)
(1,359)|
|Repairs and maintenance|(617)
(1,577)|
|Premises hire|(9,843)
(7,248)|
|Rates, electricity and gas|(8,007)
(8,864)|
|Independent examiners fees|(4,105)
(3,465)|
|Board training and meetings|(325)
(304)|
|Bank charges|(314)
(281)|
|Affiliation fees|(2,203)
(2,206)|
|Depreciation|(6,849)
(6,581)|
|Payments to City of Exeter YMCA Housing Association|(50,579)
(50,234)|
|Fundraising&publicity|(3,398)
(3,381)|
||(528,119)
(475,224)|
This page does not form part of the statutory financial statements.
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This page does not form part of the statutory financial statements.
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