2023-03-31-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

Registered	Registered	charity	name	Cardiff YMCA (1910)Trust	Cardiff YMCA (1910)Trust	Cardiff YMCA (1910)Trust	Cardiff YMCA (1910)Trust
Charity registration			number	1163622
Principal	office			YMCA
				The Walk
				Roath
				Cardiff
The trustees
				Mr R Coombs
				MrJ Littlechild		MBE,JP
				MrS Keddle
				Mr M Hales
				Mr G Ashfield
				Mr P Williams
Honorary	President			Mr A Crocker
Chief Executive				Mrs JJohnson
Auditor				Carston
				Chartered accountants			&statutory	auditor
				1stFloor, Tudor House
				16Cathedral	Road
				Cardiff
				CF119LJ
Bankers				Lloyds TSB
				1-4The Globe Centre
				Wellfield Road
				Roath
				Cardiff
Solicitors				Clarke Willmott		Solicitors
				Emperor House
				Scott Harbour
				Pierhead Street
				Cardiff
				CF104PH

				2023	2023	2022
				Unrestricted
				funds	Total funds	Total funds
			Note	6		6
Income and endowments
Donations and legacies			4	23,637	23,637	513,697
Other trading activities			5	96,350	96,350	51,350
Investment income			6	36,934	36,934	35,406
Other income			7			22,000
Total income				156,921	156,921	622,453
Expenditure
Expenditure on charitable	activities		8,9	389,568	389,568	265,747
Other expenditure			12	5,400	5,400	3,950
Total expenditure				394,968	394,968	269,697
Net losses on investments			13	(466,763)	(466,763)	(407,820)
Net expenditure and net	movement	in funds		(704,810)	(704,810)	(55,064)
Reconciliation offunds
Total funds brought forward				4,616,298	4,616,298	4,671,362
Total funds canted forward				3,911,488	3,911,488	4,616,298

31 March 2	023
				2023	2022
			Note
Fixed assets
Tangible fixed Investments	assets		17 18	208 3,599,672	333 4,137,995
				3599880	4 138328
Current assets
Debtors			20	119,479	36,418
Cash at bank	and in	hand		201,929	454,893
				321,408	491,311
Creditors: amounts		falling due within one year	21	9,800	13,341
Net current assets				311,608	477,970
Total assets	less current liabilities			3,911,488	4,616,298
Net assets				3,911.488	4,616,298
Funds ofthe charity Unrestricted funds				3911488	4616298
Totalcharity	funds		23	3,911,488	4,616,298

Year ended 31 March	2023
				2023	2022
					E
Cash flows from operating	activities
Net expenditure				(704,810)	(55,064)
Adjustments for:
Depreciation oftangible fixed assets				125	124
Net losses on investments				466,763	407,820
Dividends, interest and rents	from	investments		(33,465)	(35,406)
Other interest receivable and similar income				(3,469)
Accrued expenses				1,450
Chsngesin:
Trade and other debtors				(83,061)	44,737
Trade and other creditors				(4,991)	7,555
Cash generated from operations				(361,458)	369,766
Interest received				3,469
Net cash (used in)/from operating		activities		(357,989)	369,766
Cash flows from investing	activities
Dividends, interest and rents	from	investments		33,465	35,406
Purchases ofother investments				(358,541)	(2,044,885)
Proceeds from sale ofother	investments			430,101	2,016,617
Net cash from investing activities				105,025	7,138
Net (decrease)/increase in	cash	and cash	equivalents	(252,964)	376,904
Cash and cash equivalents	at beginning		ofyear	454,893	77,989
Gash and cash equivalents	at end ofyear			201,929	454,893

Donations and lega	cies
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2023 6	Funds f	2022
Donations
Donations		563	563
Gift Aid from trading	subsidiary	23,074	23,074	513,697	513,697
		23,637	23,637	513,697	513,697

		Unresbicted	Total	Funds	Unrestricted	Total	Funds
		Funds E		2023	Funds f		2022
Rental	income	96,350		96,350	51,350		51,350

YMCA (19 Investment	10)Trust receives r income	ental income in respect	ofthese propert	ies.
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2023	Funds	2022
		F	6	E
Investment	income	33,465	33,465	35,406	35,406
Interest received		3,469	3,469
		36,934	36,934	35,406	35,406

Other	income
		Unrestricted	Total	Funds	Unrestricted	Total	Funds
		Funds		2023	Funds		2022
		6		6	F		6
Other	income				22,000		22,000

Expenditure on charitable acti	vities by fund type
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2023	Funds	2022
	6	6
Youth Services Support	358,397	358,397	213,406	213,406
Support costs	31,171	31,171	52,341	52,341
	389,568	389,568	265,747	265,747

			Activities
			undertaken	Grant	funding	Support	Totalfunds	Total fund
			directly	of	activities f	costs	2023	2022
Youth	Services	Support	35,505		322,892	31,171	389,568	265,747

Analysis ofsup	port costs
		Total 2023	Total 2022
		6	6
Premises		13,629	6,370
Communications	and IT	692	725
Finance costs		3,850	3,950
Supportcosts		13,000	41,297
		31,171	52,342

Analysis ofgrants
	2023	2022
Grants to institutions
Grants to institutions	322,892	178,706
Total grants	322,892	178,706

Other	expenditure
		Unrestricted	Total	Funds	Unrestricted	Total	Funds
		Funds		2023 f	Funds		2022 f
Audit	fees	5,400		5,400	3,950		3,950

Net losses o	n	Investments
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds f	2023 6	Funds	2022 f
Gains/(losses)		on investment	property	(309,277)	(309,277)	(475,000)	(475,000)
Gains/(losses)		on listed investments		(157,486)	(157,486)	67,180	67,180
				(466,763)	(466,763)	(407,820)	(407,820)
Net expenditure
Net expenditure		is stated afier charging/(crediting):
						2023 6	2022 f
Depreciation	of	tangible fixed	assets			125	124

Staffcosts
The total staff costs and	employee	benefits for the reporting	period are analysed as	follows:
			2023	2022
			6
Wages and salaries Social security costs Employer contributions	to pension	plans	30,675 3,135 1,695	30,075 2,930 1,695
			35,505	34,700

diff YMCA (1910)Trust
es to the Financial Statements	fcanrrnved)
r ended 31 March 2023
Tangible fixed assets
		Equipment
Cost
At 1 April 2022 and 31 INarch 2023		499
Depreciation
At 1 April 2022		166
Charge for the year		125
At 31 INarch 2023		291
Carrying amount
At 31 March 2023		208
At 31 March 2022		333

		Cash or cash	Listed	Investment	Other
		equivalents f	investments f	properties	investments L'	Total
Cost orvaluation
At 1 April	2022	93,570	1,620,146	2,424,277		4,137,995
Additions		245,543	112,998			358,541
Disposals		(251,391)	(174,428)			(425,819)
Fair value	movements		(161,768)	(309,277)		(471,045)
At 31 March 2023		87,722	1,396,948	2,115,000		3,599,672
Impairment
At 1April	2022 and
31 March	2023
Carrying	amount
At 31 INarch 2023		87,722	1,396,948	2,115,000	2	3,599,672
At 31 March 2022		93,570	1,620,146	2,424,277	2	4,137,995

20.	Debtors
					2023	2022
					6
	Trade debtors				4,268	7,640
	Prepayments	and accrued income			276	85
	Other debtors				114,935	28,693
					119,479	36,418
	The debtors above		include the following	amounts	falling due after more than one year:
					2023	2022 f
	Other debtors				101,051	15,000
21.	Creditors: amounts		falling due within	one year

		2023 f	2022
Trade creditors		638	8,893
Accruals and deferred	income	5.400	3,950
Social security and other taxes		3,762	498
		9,800	13,341

							At
		At				Gains and	31 INar 202
		1 Apr 2022 F	Income	Expenditure	Transfers 6	losses f	3 6
General	funds	4,616,298	156,921	(394,968)	(2,115,000)	(466,763)	1,796,488
Investment
Property	Fund				2,115,000		2,115,000
		4,616,298	156,921	(394,968)		(466,763)	3,911,488
							At
		At				Gains and	31 Mar 202
		1 Apr 2021	Income	Expenditure	Transfers	losses	2
			6		9		6
General	funds	4,671,362	622,453	(269,697)		(407820)	4616298
Investment
Property	Fund
		4,671,362	622,453	(269,697)		(407,820)	4,616,298

Analysis ofnet as	sets between funds
		Unrestricted	Total Funds
		Funds	2023
Tangible fixed assets		208	208
Investments		3,599,672	3,599,672
Current assets		321,408	321,408
Creditors less than	1 year	(9,800)	(9,800)
Net assets		3,911,488	3,911,488
		Unrestricted	Total Funds
		Funds	2022
		6
Tangible fixed assets
Investments		4,138,328	4,138,328
Current assets		491,311	491,311
Creditors less than	1year	(13,341)	(13,341)
Net assets		4,616,298	4,616,298

Analy	sis	of	chan	ge	s in net debt
										At
						At	1	Apr 2022	Cash flows	31 Mar 2023
Cash	at	bank	and	in	hand			454,893	(252,964)	201,929