2021-03-31-accounts - City Of Liverpool Young Men's Christian Association (Inc)

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				Pages
Company information
Strategic report				2 —3
Directors' report				4 —5
Statement ofdirectors'	responsibilities	and internal	controls	6 —7
Auditor' s report				8 —11
Income and expenditure	account			12
Balance sheet				13
Cash flow statement				14
Notes on financial statements				15—26

Vice-Presidents	P Hinton
Directors	M Barker	Chairman	(Appointed		07/09/2020)
	P Shackell	(Retired 07/09/2020)
	IJohnson
	W Lawlor
	M Compton-Rickett
	SAbrams
	JPrice
	R Spowart
	D Lucy	(Resigned		18/01/2021)
	LDouglas
	Revd M Montrose
	BRouse
	C White	(Appointed		07/09/2020)
Secretary and Chief Executive	EMcNeil
Registered Office and	15Leeds Street
Principal Place ofBusiness	Liverpool
	L3 6HU
Bankers	Bsrclays Bank PLC
	48B&50Lord Street
	Liverpool
	L2 1TD
	HSBCUK Bank pic
	99-101Lord Street
	Liverpool
	L26PG
Solicitors	Weightmans LLP
	The Plaza
	100Old Hall Street
	Liverpool
	L39QJ
Auditors	Cowgill Holloway LLP
	Regency House
	45-53 Chorley New Road
	Bolton
	BL14QR

						2021	2020
					Note
Turnover					2,3	6,422,619	5,471,917
Operating	costs					(6,315,372)	(6,013,795)
Operating	surplus/(deficit)					107,247	(541,078)
Interest receivable		and other income				220	2,116
Surplus/(deficit)		after exceptional	and	ordinary
activities	before	and after taxation				107,467	(539,762)

					2021	2020
				Note		8
Fixed assets
Housing pmperties	—depreciated		cost	8	7,092,650	7,172,438
Less: Social housing		grant			(3,100,000)	(3,100,000)
Other grants					(842,931)	(842,931)
					3,149,719		3,229,507
Other fixed assets					244,550		268,693
					3,394,269		3,498,200
Current assets
Debtors				9	355,830	445,6]7
Cash at bank and in	hand				1,968,517	520,375
					2,324,347	965,992
Creditors: amounts	falling due
within one year				10	(1,684,231)	(517,945)
Net current assets					640,116		448,047
Pension Deficit					(93,959)		(113,288)
Net assets					3,940,426		3,832,959
Capital and reserves
Called up share capital Revenue reserves				13 14	3,940,426		3,832,959
Total funds				15	3,940,426		3,832,959

						Note	2021	2020f
Cash generated by/(used	in) operating		activities			20	1,556,987	(219,925)
Cash flows from investing	activities
Sale oftangible assets
Purchase oftangible fixed	assets						(109,065)	(155,421)
Interest received							220	2 216
Cash (used in) investing	activities						(108,845)	(153,305)
Increase/(decrease) in cash and		cash	equivalents		in		1,448,142	(373,230)
the year
Cash and cash equivalents at		the beginning		of	the		520,375	893,605
year
Total cash and cash equivalents		at the	end ofthe year				1,968,517	520,375

urnover
		2021	2020
Turnover comprises:
Residents' charges (see note 3)		2,589,222	2,372,342
Government grants —Supporting	People income	871,617	806,838
Sundry income		2,953,197	2,288,347
Appeal donations		8,583	4,390
		6,422,619	5,471,917

Rent
	2021f	2020 g
Rent charges receivable	776,766	711,702
Service charges receivable	1,812,456	1,660,640
	2,589,222	2,372,342
Rental income relates to 52weeks (2020:52weeks).

Particulars	ofturnover,	operating costs and operating	(deficit)/surplus
			Operating	Operating
		Turnover	costs	surplus/
				(deficit)
2021
Supported	housing	6,422,619	(6,315,372)	107,247
2020
Supported	housing	5,471,917	(6,013,795)	(541,878)

			2021	2020
Costs	ofgenerating	funds
Cost	ofcharitable	activities	(6,315,372)	(6,013,795)
Total			(6,315,372)	(6,013,795)

. Particula	rs ofincome and expenditure from soci	al housing lettings
		2021	2020
		Supported	Supported
		housing	housing
Rent receivable	net ofvoids
and identifiable Service income	service charges	776,766 1,812,456	711,702 1,660,640
Turnover from	social housing
lettings		2,589,222	2,372,342
Government grants Sundry income Appeals donations		871,617 2,953,197 8,583	806,838 2,288,347 4,390
Total Income		6,422,619	5,471,917
Expenditure
Supporting people salaries General salaries		(876,722) (2,668,300)	(677,222) (2,309,700)
Other operating	costs	(2,770,350)	(3,026,873)
Total Expenditure		(6,315,372)	(6,013,795)
Operating Surplus/(deficit)		107,247	(541,878)
Voids losses		(116,515)	(94,894)

perating (deficit)/surplus 31March 2021 (Continued)	perating (deficit)/surplus 31March 2021 (Continued)
This is stated atter charging the following:		2021f	2020
Depreciation —Tangible fixed assets		212,996	292,947
Auditor's	remuneration —in their capacity as auditors	6,700	6,500
Auditor's	remuneration —non audit capacity
Operating	leases —Equipment	28,511	20,258
Operating	leases —Property	690,878	162,199

The directors receive	d no remuneration or	payments	for expenses int	he current or prior	year.
Staffcosts
Aggregate amounts	for staff paid in respect	of:
Wages and salaries				3,177,646	2,753,172
Social security costs				263,627	233,750
Pension costs				103,749	91,657
				3,545,022	3,078,579
				Number	Number
The average monthly	number ofemployees	(full-time	equivalents)
employed during the	year was as follows:
Administration				10	9
Housing				38	37
Support				66	62
Nursery				12	13
				126	121

Fixed assets - Tangible	At				At 31
	IApril				March 2021
Cost orvaluation	2020f	Additions	Disposals	Transfers
Freehold property Fixtures and fittings	7.964,943 1,285,036	12,620 78,216			7,977,563 1,363,252
Computer equipment Motor vehicles	91,497 10,495	18,229			109,726 10,495
Total	9,351,971	109,065			9,461,036
	At				At 31March
	1April				2021
Other grant Futures project funding Empty Homes project funding Our House property donation	2020f (228,962) (334,081) (279,888)	Additions	Disposals	Transfers	f (22S,962) (334,081) (279,888)
	(842,931)				(842,931)
Social Housing grant Leeds Street	(3,100,000)				(3,100,000)
	At				At
	1April	Charged			31March
Depreciation Freehold properly Fixtures and fittings Computer equipment Motor vehicles	2020 (792,505) (1,030,870) (76,970) (10,495)	in year f (92,408) (110,475) (10,113)	Disposals f	Transfers	2021 (884,913) (1,141,345) (87,083) (10,495)
Total	(1,910,840)	(212,996)			(2,123,836)
				At	At
				1April	31March
				2020	2021
Net book value
Freehold property Fixtures and fittings Computer equipment				3,229,507 254,166 14,527	3 149719 221,907 22,643
Motor vehicles
Total				3,498,200	3,394,269

9	Debtors
		2021	2020
	Amounts falling due within one year
	Rental debtors Less provision for unpaid rent charges Other debtors	58,182 98,503	131,645 (38,939) 152,225
	Prepayments	138,616	143,482
	Amounts falling due after more than one year
	Other debtors	60,529	57,204
		355,830	445,617
10	Creditors: amounts falling due within one year
		2021	2020
	Trade creditors Other creditors Accruals and deferred income (see note 12) VAT and social security costs	43,899 36,568 1,600,486 3,278	45,232 61,236 410,411 1,066
		1,684.231	517,945

The latest valuation prepared as at 1 May 2014 showed that th f387million. Liverpool YMCA's share ofthe deficit amounts	e YMCA Pension Plan to8132054(2020:f1	had a deficit of 32054).
The liability will be payable over aperiod of6years at the rate	of619,329per annum,	commencing la
May 2021.
The pension deficit has been classified as follows:	2021	2020
Amounts due within one year	19,329	18,766
(included within other creditors)
Amounts due after one year	93,959	113,288
	1]3,288	132,054

				2021	2020
Deferred income at 1 April				291,017	383,526
Grant income received in the Grant expended in the year	year			1,630,771 (499,239)	647,450 (739,959)
Deferred income at 31March				1,422,549	291,017
Accruals				177,937	119,394
				],600,486	410,411
eferred Income
		At	Grant		At
		1April	Income	Grant	31March
Cost or valuation		2020	Received f	Expended f	2021
Mainstay project funding		58,578	186,332	(205,744)	39,166
Merseyside Police funding			15,000		15,000
Dutch Farm funding YMCA supporter donation		20,111	41,568		41,568 20,111
Rehab service advance funding Domestic violence dispersed funding		149,266	1,038,588 306,801	(230,433)	1,038,588 225,634
Southport nursery advance funding		35,808	42,482	(35,808)	42,482
Rough Sleeper Initiative		24,388		(24,388)
Children in Need		2,866		(2,866)
Total		291,017	1,630,771	(499,239)	1,422,549

Revenue reserves
			2021	2020
At 1 April Surplus/(deficit) for the year			3,832,959 107,467	4,372,721 (539,762)
At 31March			3,940,426	3,832,959
Reconciliation ofmovements	in members'	funds	2021	2020f
Total funds as at 1 April Surplus/(deficit) for the year			3,832,959 107,467	4,372,721 (539,762)
Total funds as at 31 March			3,940,426	3,832,959

payments under n	ich fall due as follows:
	2021	2020f
Expiring within 1 year Expiring between 2 —5 years	30,099 67,541	19,329 54,157
	97,640	73,486
Property leases
	2021f	2020f
Expiring within 1year Expiring between 2 —5years Over 5 years	422,207 937,414 413,400	321,721 738,129
	1,773,021	1,059,850

Bed spaces
	2021	2020
Under management at the end ofthe year:	Number	Number
Temporary move-on accommodation Support contract accommodation Rehabilitation unit Refuge accommodation Stepping Stones accommodation Total	69 121 50 21 6 267	45 121 30 21 14 231

Reconciliation ofne	t movement	in funds to net cash Bo	w from operating activities
			2021	2020
Net movement in funds Depreciation charges Interest receivable Decrease in debtors Increase/(Decrease) in creditors			88,]38 212,996 (220) 89,787 1,166,286	(539,762) 292,947 (2,116) 197,431 (168,425)
Net cash generated	by operating	activities	1,556,987	(219,925)