2021-03-31-accounts

		Page
Trustees' annual report
Independent auditor's	report to the members
Statement offinancial	activities	13
Statement offinancial	position	14
Statement ofcash flows		15
Notes to the financial	statements	16

Reference	and adm	inistrative	details
Registered	charity	name	Cardiff YMCA		(1910)Trust
Charity registration		number	1163822
Principal office			YMCA
			The Walk
			Roath
			Cardiff
The trustees
			Mr R Coombs
			Mr J Littlechild		MBE,JP
			Ms M Salisbury
			Mr M Hales
			Mr G Ashfield
			MrSKeddle				(Appointed	27 January 2021)
			Mr N Corrigan				(Appointed	27 January 2021)
			Mr P Williams				(Appointed	24 March 2021)
Honorary	President		Mr A Crocker
Chief Executive			Mrs JJohnson
Auditor			Carston
			Chartered accountants			&statutory	auditor
			1st Floor, Tudor House
			16Cathedral	Road
			Cardiff
			CF119LJ
Bankers			Lloyds TSB
			1-4The Globe		Centre
			Wellfield Road
			Roath
			Cardiff

			2021	2021	2020
			Unrestricted
		Note	funds 6	Total funds f	Total funds K
Income and endowments
Donations and legacies Other trading activities Investment income		4 5 6	118,121 50,675 41,466	118,121 50,675 41,466	214,048 51,350 46,032
Total income			210,262	210,262	311,430
Expenditure
Expenditure on charitable Other expenditure	activities	7,8 11	173,744 3,950	173,744 3,950	274,843 3,950
Total expenditure			177,694	177,694	278,793
Net gains/(losses) on investments		12	260,627	260,627	(215,491)
Net income/(expenditure)	and net movement	in funds	293,195	293,195	(182,854)
Reconciliation offunds
Total funds brought forward			4,378,167	4,378,167	4,561,021
Total funds canted forward			4,671,362	4,671,362	4,378,167

31 March 2021
			2021	2020
		Note
Fixed assets
Tangible fixed assets Investments		16 17	457 4,517,547	3,955,004
			4,518,004	3,955,004
Current assets
Debtors		19	81,155	59,958
Cash at bank and in	hand		77,989	385,483
			159,144	445,441
Creditors: amounts	falling due within one year	20	5,786	22,278
Net current assets			153,358	423,163
Total assets less current liabilities			4,671,362	4,378,167
Net assets			4,671,362	4,378,167
Funds ofthe charity Unrestricted funds			4,671,362	4,378,167
Total charity funds		22	4,671,362	4,376,167

Cardiff YMCA (1910)Trust Statement ofCash Flows Year ended 31 March 2021
		2021	2020
			6
Cash flows from operating activities
Net income/(expenditure)		293,195	(182,854)
Adjustments for:
Depreciation oftangible fixed assets Net gains/(losses) on investments		42 (260,627)	215,491
Dividends, interest and rents from investments		(41,466)	(46,032)
Accrued (income)/expenses		(1,000)	1,000
Changes/n:
Trade and other debtors		(21,197)	56,067
Trade and other creditors		(15,492)	14,948
Cash generated from operations		(46,545)	58,620
Net cash (used in)/from operating activities		(46,545)	58,620
Cash flows from investing activities
Dividends, interest and rents from investments		41,466	46,032
Purchase oftangible assets		(499)
Purchases ofother investments Proceeds from sale ofother investments		(2,150,411) 1,848,495	(1,973,180) 1,640,785
Net cash used in investing activities		(260,949)	(286,363)
Net decrease in cash and cash equivalents		(307,494)	(227,743)
Cash and cash equivalents at beginning	ofyear	385,483	613,226
Cash and cash equivalents at end ofyear		77,989	385,483

Donations and lega	cies
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2021	Funds	2020
			6
Donations
Donations				1,338	1,338
Gift Aid from trading	subsidiary	118,121	118,121	212,710	212,710
		118,121	118,121	214,048	214,048

		Unrestricted	Total	Funds	Unrestricted	Total	Funds
		Funds		2021	Funds		2020
				E	6		6
Rental	income	50,675		50,675	51,350		51,350

Investment	incom	e
			Unrestricted	Total	Funds	Unrestricted	Total	Funds
			Funds		2021 K	Funds		2020 f
Debenture	interest	received	608		608	3,009		3,009
Investment	income		40,858		40,858	43,023		43,023
			41,466		41,466	46,032		46,032

Expenditure on charitable acti	vities by fund type
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2021	Funds	2020
		6	6	6
Youth Services Support Support costs	139,677 34,067	139,677 34,067	240,671 34,172	240,671 34,172
	173,744	173,744	274,843	274,843

Yea	r ended 31 March 202	r ended 31 March 202	r ended 31 March 202	r ended 31 March 202	1	1	1
8.	Expenditure on charitable				activities by activity type
					Activities
					undertaken	Grant funding	Support	Total funds	Total fund
					directly 6	ofactivities	costs	2021 f	2020 6
	Youth Services	Support			16,877	122,800	34,067	173,744	274,843
9.	Analysis ofsupport costs
							Analysis of
							support costs	Total 2021	Total 2020
	Premises						8,292	8,292	11,946
	Communications	and IT					709	709	712
	Finance costs						3,600	3,600	4,800
	Support costs						21,466	21,466	16,714
							34,067	34,067	34,172
10.	Analysis ofgrants
								2021	2020
	Grants to institutions
	Grants to institutions							122,800	216,392
	Total grants							122,800	216,392
11.	Other expenditure
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds f	2021	Funds 6	2020
	Audit fees					3,950	3,950	3,950	3,950
12.	Net gains/(losses)		on investments
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds f	2021 F.	Funds	2020
	Gains/(losses)	on listed		investments		260,627	260,627	(215,491)	(215,491)
13.	Net income/(expenditure)
	Net income/(expenditure)			is	stated after charging/(crediting):			2021	2020
								6
	Depreciation of	tangible		fixed assets				42

Staff costs
The total staff costs and	employee	benefits for the reporting	period are analysed as	follows:
			2021	2020 f
Wages and salaries Social security costs Employer contributions	to pension	plans	14,253 754 1,695	14,889 863 1,621
			16,702	17,373

Tangible fixed assets
	Equipment
	6
Cost
At 1 April 2020 Additions	499
At 31 March 2021	499
Depreciation
At 1 April 2020
Charge forthe year	42
At 31March 2021	42
Carrying amount At 31 March 2021	457
At 31 March 2020

Investments
	Cash orcash	Listed	Investment	Other
	equivalents	investments	properties	investments	Total
			E	E	E
Cost or valuation
At 1 April 2020 Additions	111,838 1,690,502	1,218,163 185,632	2,625,000 274,277		3,955,003 2,150,411
Disposals Fair value movements	(1,713,288)	(61,713) 187,134			(1,775,001) 187,134
At 31March 2021	89,052	1,529,216	2,899,277		4,517,547
Impairment
At 1 April 2020 and
31March 2021
Carrying amount At 31March 2021	89,052	1,529,216	2,899,277	2	4,517,547
At 31 March 2020	111,838	1,218,163	2,625,000	2	3,955,003

19.	Debtors
				2021	2020 f
	Trade debtors				10,000
	Amounts owed by group undertakings Other debtors			81,155	22,284 27,674
				81,155	59,958
	The debtors above include the following		amounts	falling due after more than one year:
				2021	2020
				20,000	20,000
20.	Creditors: amounts	falling due within	one year
				2021	2020
	Trade creditors			1,836	1,410
	Accruals and deferred	income		3,950	4,950
	Social security and other taxes Other creditors				918 15,000
				5,786	22,278

								At
			At			Gains and	31 March	20
		1	April 2020	Income k	Expenditure f	losses r	6	21
General	funds		4,378,167	210262	(177694)	260,627	4,671,362
								At
			At			Gains and	31 March	20
		1	April 2019	Income	Expenditure	losses		20
			8		K
General	funds		4,561,021	311,430	(278,793)	(215,491)	4,378,167

23.	Analysis ofnet a	sse	ts between funds
						Unrestricted	Total Funds
						Funds	2021
						E	E
	Investments					4,518,004	4,518,004
	Current assets					159,144	159,144
	Creditors less than	1	year			(5,786)	(5,786)
	Net assets					4,671,362	4,671,362
						Unrestricted	Total Funds
						Funds	2020
						E	E
	Investments					3,955,004	3,955,004
	Current assets					445,441	445,441
	Creditors less than	1	year			(22,278)	(22,278)
	Net assets					4,378,167	4,378,167
24.	Analysis ofchanges		in net debt
							At
				At	1 Apr 2020	Cash flows	31 Mar 2021
					E	E	E
	Cash at bank and	in	hand		385,483	(307,494)	77,989