2025-03-31-accounts

Registered nurnber." 00734870 Charity number: 243017 LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limlted by Guarantee) CONTENTS Page Reference and Adminlstratlve Details of the Charity, its Trustees and Advisers Chalmian's Statement Trustee8' Report Indapendent Audltors, Report on the Flnanclal Statements Consolldat•d Statem•nt of Flnanclal Activlt108 Con801idated Balance Sheet Charlty Balance Sheet Con801idated Statement of Cash Flow8 Notes to the Flnanclal Statements 3-15 16-19 20 21 22 23 24-46

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025 Trustees Lady K Wi150n QPM, Chair J Henwood FCMA, Vice Chair C Burke H Crawford (appointed 31 March 2025) N Cucksey (resigned 29 October 2024) N Dewhirst-vickers A Fairweather (appointed 27 January 2025) J Green W HaW¢in (resigned 14 May 2024} A Robson C Roper (appointed 31 March 2025) C Stacey D Thomas (resigned 22 September 20241 J Varlow (appointed 31 March 2025) A Warman (appointed 31 March 2025) Company reg18tered number 00734870 Charlty registered number 243017 Reglstered offlce Lincolnshire Ymca Ltd St. Rumbolds Street Lincoln Lincolnshire LN2 SAR Independent audltors Robert Anderson (Senior Statutory Auditor) Street5 Audit LLP Tower House Lucy Tower Street Lincoln Lincolnshire LN11XW Banker5 NatNest 135 Bishopgate London EC2M 3UR Page 1

LINCOLNSHIRE Y.M.C.A. LTD {A Company Limited by Guarantee) CHAIR'S STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 The Chair of the Board presents her statement for the year. On behalf of the Trustees. l am pleased to present this Trustees Report and Financial Statements for the year ended 31 March 2025. We would like to thank our colleagues, volunteers and donors, Their contribution makes it possible for the Charity to provide services to those that need us most. This year our colleagues have been immensely helpful in refreshing our purpose and values through a programme of activities, to ensure individuals, teams and the organisation as a whole, can be their most effective in delivering on our purpose. Our refreshed purpose is to ensure that people and communities across the County h8ve the opportunity to belong, contribute and thrive, so that they feel safe, valued and fulfilled. It has been a year of challenges and suGcesses. The Charity has, once again, faced some difficult economic conditions, with increases in costs. whilst some were one offs, others are ongoing. In the new financial year Ihere are further cost pressures with the increases in National Insurance rate5 from April 2025. The Charity will continue to explore new funding opportunities, efficiency improvements and other ways to SUPPOrt our beneficiaries. In Lincoln we completed two major development projects. We extended our resSdential property on Sheridan Close, now comprising 16 self-contained apartments, finished to a high standard. We also completed the refurbishment works to our new youth centre on St Giles, a fantastic facility for the young people in that community. Our thanks go to funders, donors and conlractors who helped to make these projects possible. Throughout 2024 our three existing nurseries were all inspected by Ofsted and received 'Good' ratings. We were also excited to take on a fourth nursery at Honeypot Preschool in Gainsborough which has now become embedded into our early years provision. We were pleased to welcome a number of new trustees to the Charity and say goodbye to some who have ably assisted us over time. The changes have afforded us the skills and experiences needed to change our governance arrangements. These are starting to take shape and will stand us in good stead as the Charity explores financially sustainable ways to expand our services across the County to fulfill our purpose. Lady K Wilson QPM. Chair of the board Date.. 7 J LiLr wz Page 2

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report together with the audited financial statements of the Charity for the year ended 31 March 2025. The Annual Report serves the purposes of both a Trustees, report and a directors, report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of Ihe charitable company's governing document and the provisions of the Statement of Recommended Practice {SORPI applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). The purpose of YMCA Lincolnshire is to ensure that people and communities across the County have the opportunity to belong, contribute and thrive, so that they feel safe, valued and fulfilled. Objectives and activities a. Charltable Objectlves Lincolnshire Y.M.C.A I'the company. or "the Charity") is established with charitable objectives and is affiliated to the National Council of the Young Men's Christian Association. It fomis part of the world wide YMCA movement. The Charity, a Christian organisation, provides people of all ages with the provision of facilities for recreation and other leisure lime occupation for men and women with the object of improving their Gondition5 of life. The Charity relieves the poverty of single homeless persons by providing and mainlaining accommodation for such purposes. For the public benefit to advance education by the provision of children's nursery and day care facilitie5 in conjunction with government initiatives for disadvantaged families and the provision of facilities for training and conferences to those in education and involved with young people. The Charity welcomes, serves and works with persons of all religious faiths and of none. The Board's strategy for achieving the Charity's objectives is to deliver a range of youth work, child care, community services and housing across Lincolnshire. Through its trading subsidiary, YMCA Trading Ltd, the Charity also operates a conferencing and evenls centre and café facility for local community use. Profits from the trading company and retail activity are distributed to the Charity for general purposes of the Charity. In setting objectives and planning for activities, the Trustees have given due consideration to general guidance publishecl by the Charity Commission relating to public benefit, including the guidance 'Public benefit.. running a charity (PB2)'. Page 3

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 ObjectiV8s and activities {continued) b. Princlpal activitles Housing We maintain 177 housing units across Lincoln, 22 of these are in our Nomad Emergency night shelter. Our services are offered to those requiring temporary SLtpported Accommodation and we provide wraparound support to vulnerable people in need. Early Y•ars Educatlon Following the acquisition of Honeypot Preschool in July 2024 we operate 4 Ofsted registered Early Years Education settings in Lincoln and Gainsborough. We have approximately 200 children registered acros5 the 4 settings. Community Support The aim of our community development team is to ensure that rural communities across Lincolnshire are stronger where people come together empowered and confident to make change that they feel is important to them. Youth S8rvice8 Our Youth service runs youth clubs and activity programmes across Lincolnshire. These sites include the five RAF bases in the county. Additionally we deliver "Mind, Body, Spirit" personal development courses to schools and provide a facilitated venue and activities for children who are home educated. Health & Fltnes8 In addition to the provision of sports, including parkour through our youth t8am we run Lincolnshire'5 biggest climbing wall which offers training and facilities to experienced climbers, novices and schools. We also support schools Éo assess students studying climbing as part of GCSE PE. Conferenclng & Caterlng We host a range of clients in our conference spaces at our Lincoln site. The client base includes dance schools, business conferences, NHS Blood Donar sessions, and private parties. Retail We operate Charity shops in Lincoln to generate funds for the Charity and Service a social need for affordable clothing, and other goods. Page 4

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) TRUSTEES, REPORT (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Oblectiv8s and activities (continued) c. YMCA Context Lincolnshire YMCA is located in the Midlands region of the YMCA Federation and engages with other YMCAS through the Chief Executives, Ne￿ork, other functional networks and regional committees. On a national level, Lincolnshire YMCA is supportive of YMCA England and bolh gives and receives support via an exchange of information and attendance at the National Assembly and the Annual General Meeting of YMCA England. Lincolnshire YMCA is prominent in the network of local third sector organisations. Staff engage in groups and committees in areas of work such as youth work, housing and childcare. The CEO and senior team maintain professional networks around the city of Lincoln. Lincolnshire YMCA engages with local authorities through housing forums, public health committees and other local action groups when need arises. d. Public Benefit We have referred to the guidance on public benefil issued by the Charity Commission and are satisfied that the Charity's activities as described in our review 2024-25 do provide wider publlc benefit. Board members consider how planned activities will contribute to the aims and objectives they have set for the Charity via review ancl approval in their meetings. strategic report Achievements and perfomiance a. Changes in the Executive Team After seven years as Chief Executive, Caroline Killeavy left the Charity towards the end of 2024. During thal time the Charity has grown and developed in a number of ways. There was a major refurbishment of the Nomad Cenlre, our services continued during the Covid pandemic, the Charity merged with Community Lincs and Just Lincolnshire and thereby broadened our support for vulnerable people across Lincolnshire. As part of a national YMCA consortium, the Charity now supports RAF children and young people Ihrough the Airplay contract. Then in the year to March 2025 two major capltal projects were delivered in the St Giles area of Lincoln., a refurbished 16 bed property on Sheridan Close and a multimillion-pound youth centre renovation at St Giles Community Centre as a new youth provision for the north of the City. The Charity also acquired the new nursery in Gainsborough and all of our nurseries received Good Ofsted ratings. The Trustees are grateful to Caroline for her time as Chief Executive, and wish her well for the future. The recruitment of a new Chief Executive will be concluded over the summer of 2025. The Trustees are grateful to Chris Kirkwood for stepping up as Acting Chief Executive until a permanent appointment is confirmed, Page 5

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarante8) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Strategic report (continued) Achievements and performance (continued) b. Review of activlties Housing We continue to broaden our housing offer, widening the range of quality options for those in need. This will help to minimise risk to the Charity whilst also improving its financial sustainability. During the year we completed the works to extend Sheridan House in Lincoln. This scheme improved the standard of accommodation whilst increasing the number from 8 apartments to 16. We are grateful to Homes England and other funders who have helped to enable this development. Lincolnshire Y.M.C,A. Ltd is a registered social housing provider, it's registered social housing number is H2676. Communlties We have delivered a very active programme of support for communities across Lincolnshire. Our village hall advisory service offers specialist support to more than 100 committees managing village halls and community buildings across the county. We will assist those committees in navigating the challenges of eff&tive management by providing advice and information. Working wlth North Kesteven District Council, using funding from HM Government's UK Shared Prosperity Fund, our employability programme offers free 1-1, personalised career coaching, CV workshops and interview preparation to ensure that parliclpants can present their best self to future employers. In Boston, East Lindsey, and South Holland we supported communities to develop pride in place, resilience and sustainability within these rural areas. We provided support on governance, funding, community engagement, marketing and volunteer recruitment. We have been able to provide community leaders with skills and resources to thrive. Early Years Educatlon We continue to assess opportunities to expand our services and during the year end we took on the services at Honeypot Preschool in Gainsborough expanding our ServI￿S to four settings and approximately 200 registered children. Youth Services We operative a very significant and varied programme of youth engagement across Lincolnshire. In Lincoln we are successfully establishing a youth seNice in the St Giles area. This includes the development of a new Youth Centre in a property provided by the City of Lincoln Council following a successful £2m bid to the Youth InvestsTent Fund. The centre opened in January and activities have included wheelchair basketball, theatre work, football, cricket, alonq with arts and Grafts. Wellbeing and justlce The Safer Streets project was successfully completed in March 2025. During the project we engaged with Page 6

LINCOLNSHIRE Y.M.C.A. LTD (A Company Llmited by Guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 strategic report {continu8d) Achievements and performance (continued) communities in Lincoln, Sleaford, and Spalding to address anti-social behaviour Goncems. The team continue to support and develop the young ambassador prograrnme. Providing expert advice and resources to schools to explore areas including equality, unconscious bias, the recognition of equity, respect and kindness and to equip staff for difficult conversations. Conf8r8nce & Catering At the Showroom in Lincoln we continue to provide conference and event services, alongside our café. Each month we host our popular community meal, EAT (Eat All Together), which is a free meal for all those attending. Retail Our retail locations on Burton Road and Moor13nd Avenue in Llncoln provide funding to support our activities. They also support individuals with access to a range of affordable clothing and other household items. Fundralslng This year, along with our regular fundraising activities such as Sleepeasy the focus has been on securing the final funding for the capital projects at St Giles in Lincoln along with grant funding for large community and youth programmes. We are grateful for ongoing support for our Village Hall programme and rural development work from DEFRA, through our valued membership of ACRE. Page 7

LINCOLNSHIRE Y.M.C.A. LTD (A Company Llmited by Guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Strategic report {continued) Achlevements and performance Icontlnued) c. Value for Money Value for money (Vfm) is considered in all our activilies. In line with Ihe social housing regulatory requirements the required metrics and statements are included below. Our Approach Our approach to delivering Value for Money focusses on providing high quality services to our diverse customer base which are responsive to the needs and aspirations of the people we serve and ensure a positive impact on their lives, A key Strategic ambition is to be a sustainable Charity with a long-term horizon, ensuring that our products and services make a positive contributicn, financially or through social value. Value for Money Statement Housing Highlights of the Year The Nomad direct access homeless Centre provided over 200 people with a safe place to stay and supported them with a range af multiple and complex support needs. Collaborative working with the Holistic Health for Homeless team (HHHI continues. This enables our residents to access on-site medical care as well as HEP-C testing, and Sexual health clinics. Throughout the year, we have facilitaled visits at our Nomad Centre from barbers, opticians, dentists and podiatrists to contribute to the wellbeing of our residents. We have engaged residents in activities at the Oasis garden, a therapeutic garden that we brought into our Charity portfolio in January 2023. Our residents have taken part in a number of social activities including visits to the Lincolnshire coast and local tourist attractions. Residents have also taken part in climbing. parkour activities and cooking lessons al The Showroom. We have continued to commit to the training 8nd development of our staff. Through funding from the Shine Lincolnshire Suicide Prevention Fund, we provided suicide prevention training to our housing team. We have increased the number of housing units we offer in Lincoln through the redevelopment of one of our properties, which has delivered another 8 self-contained apartments and converted 8 existing uni15 with shared facilities into self-contsined apartments. We continue to receive food, toiletries and clothes from the local community and local businesses. Page 8

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Strategic report (contlnued) Achievements and perfomiance (continued) d. Social Housing Metrlcs M8trlc 202&2025 2023-2024 Reinvestment O (net of grant5 received) 1.31'/0 New Supply delivered (social housing units) as a 0/0 of Current Units 9./0 00 New SL5ppIy (non social-housing) as 8 OA of total units O¥0 Gearing 4.40 -22.30 EBITDA MRI interest cover Headline Social Housing cost per unit £18,708 £18,387 Operating Margin (Social Housing) 0.9% 4.10 Operating Margin (Overall) -2.1% 0.60/0 Return on Capitsl Employed 0.3°1. e. Plans for future perlod The current strategic plan for the Charity runs from 2023 to 2028. It sets out the strategic priorities and include: The delivery of high quality accommodation and personal support to those experiencing homelessness, or recovering from abuse, discrimination, trauma or social challenge. Support for urban and rural communities to gain confidence, resources and skills to make positive changes in their lives. Ensuring children and young people are provided with the best possible start in life. Helping people to improve their wellbeing and be happy being who they are, proactivelyworking to eliminating discrimination and exploitstion. The Charity has recently refreshed its statement of purpose and is currently considering its values. All colleagues had the opportunity to contribute to this work. This forms part of a programme of work in 2025 to ensure all colleagues feel valued, included and motivated to provide excellent services to our residents, beneficiaries and customers. During 2025 the Charity is to update the strategy for its residential property, this will then inform future developments, acquisltions and disposals. The strategic plan also has a priority to be financially sustainable in the long term. With changes to the cost base, including the increase in employer's national insurance contributions, the Charity is seeking new sources of funding and improvements in efficiency to ensure this priority is met. Page 9

LINCOLNSHIRE Y.M.C.A. LTD {A Company Limlted by Guarante8) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 Strategic report (continued) Financial revlew a. Going concern The Board members consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements and have identified no material uncertainties as to the Charity's ability to continue as a going concern over a period of at least fvjelve months from the date of approval of the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. b. Reserves policy The Trustees have conducted their annual review of the reserves policy and wish to retsin free reserves, which are unrestricted funds not invested in fixed a55ets, funds designated for a Specific purpose or othe￿ise committed within the range of two to three moiiths of operating costs in service areas that are not already covered by contracted earned income, that is a range of £550,000 to £825,000. At the year end free reserves were £974,000 including an adjustment for a property not in acts've use and was disposed of after the year end. The Charity supports many vulnerable beneficiaries as well as employing permanent staff and in the event of a failure of funding the Charity would want to meet all obligations in this regard. The diversity of the Charity's income streams, and the level on insurance cover held have been factors in arriving at the level of reserves the trustees deem to be necessary. The Trustees have recogni5ed that whilst free reserves are currently above this range, given increasing cost pressures and increased uncertainty of funding the Trustees are satisfied with this overall position. Page 10

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Incom8 Total income for the year was £9,222,863, excluding capital grant funding total income for the year was £5,785,2241£5,016,378 2023124)- an increase of £768,846. Income from housing, including the Nomad Centre, increased by £254,096 compared to 2023124.This 8.20/0 increase reflected an increase in the rent from the local authority along with higher than expected occupancy rates during part of the year. Income from our Nursery Settings increased by £207,605, or 32.30A as the Honeypot Preschool joined the Charity and with a general increase in fees received. The climbing centre at the Showroom had 8 slight fall in income of £6,261 compared to the previous year with an increase in alternative provision in the area, Our Youth support work continued to grow, with an increases income of £220,586 with the Airplay clubs on behalf of the RAF Benevolent Fund at air bases in Lincolnshire continuing through the year and activities in St Giles in Lincoln commencing, funded by the Youth Investment Fund. Income to the Communities and Just Lincolnshire teams decreased by £19,950, with differing grants accounted for in the year. Trading income from conferences and café decreased Significantly with a £125,776 reduction in commercial bookings. The Charity IS aiming to increase bookings through a new marketing campaign in 2025. Donations thi5 year totalled £188,800 which included £120,681 donation received with the transfer of the Honeypot Preschool. Details of funding sources are shown in notes 3 and 4 to the Financial Statements. d. Exp&ndltur8 Total expenditure incurred wa5 £5,905,850 (2023124- £5,527,434); an increase of £378,416. This reflects the expenses of new services, increases in pay levels, along with general inflationary increases together with approximately £150,000 of one off non-recurring items of expenditure. Details of expenditure are shown in notes 7 to 12 in the Financial Statements. e. Net Movement of Funds Net expenditure excluding capital grant funding for the year was £120,626, without the one off item5 noted above, the net income would have been similar to that of 2023124 being £33,358. A planned revaluation of properties was carried out during the year with a downward movement of £5,073,006 of which £3,437,639 related to those funded by capital grants. Page11

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limlted by Guarantee> TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 202S Structure, govemance and management Constitutlon The Charity is constituted as a company limited by guarantee as defined by the Companies Act 2006. It is governed by its Articles of Association as revised in 2023. b. Methods of appolntment or electlon of Trust￿8 The Directors of the Company are also Charity Trustees for the purpose of Charity law and under the Company's Articles are known as governance members. Under the requirements of the Article5 of Association members of the Board are elected each year and serve for a period of three years. Each member of the Board may serve for three terms of three years before taking a break of at least one year. The Board seek5 to ensure that the diverse range of services and activities provided by the Charity are represented by Ihe broad skills mix of ils members. The Board is made up of members who have backgrounds in business, governance, finance, human resources, marketing, public service or experience of working with young people. Appointment of new Trustees is an open process whereby the skills and diverse make up of the Board is considered and a rigorous recruilment process is followed. This is in line with Ihe best practice from the Charity Commission. No other organisation has a right to appoint a Trustee to the Board. The Board seeks to ensure that the diverse range of services and activities provided by the Charity are represented by the broad skills mix of its members. The Board is made up of members who have backgrounds in business, finance, human resources, marketing or experience of working with young people. In the event of particular skills being lost due to retirement, individuals are approached to offer themselves for election to the Board. No other organisation has a right to appoint a Trustee to the Board. Payment of Board Members No fees or remuneration have been paid to any Board member of the Association during the year for their role as Board members. Reasonable expenses which have been incurred in the duties of a Trustee are re-imbursed. Page 12

LINCOLNSHIRE Y.M.C.A. LTD IA Company Limited by Guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Structure, governance and management (continued) c. Organisatlonal structure and declsion-making policles Lincolnshire YMCA has a Board of up to 15 Trustees who have been meeting up to 6 times a year. They are responsible for the strategic direction, governance and policies of the Charity. The Board also has a number of sub-committees. During the year they were.. Finance Committee Risk and Compliance Committee E8ch sub-committee reported to the Board. In addltion, the Board had 'Link Trustees. whereby sm811 groups of trustees work with the directors for Housing and Communities. During the year the committee structure was reviewed with new committees established coming into effect in the new financial year. A Scheme of Delegation 15 in place and the day-to-day responsibility for the provision of services rests with the Chief Executive along with the senior management team. Clear financial rule5 and regulations around limits of financial spend are established. Any decisions at Board level are taken by a vote depending on the nature of the decision to be made. This may be by simple majority or a proportion of the Board present in accordance with our Articles of Association. d. Pollcigs adopted for the InduGtlon and tralnlng of Trustees New Trustees attend a short induction session to familiarise themselves with the Charily and the context within which it operates. These are jointly held by the Chair of the Board and the Chief Executive of the Charity and cover.. The obligations of the Board members. The main documents which set out the operational framework for the Charity, including the Articles of Association. Resources and the current financial position as set out in the latest published accounts and management accounts. The future plans and objectives of the Charity. The Board Members, Handbook. Information and newsletters also provided through the Charity Commission and YMCA England for all Trustees. Additional training for Trustees is encouraged and organised for Trustee5 focussing on Charity law, being Trustee, and finance in particular. Page 13

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limlted by Guarantèe) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Structurei gov8mance and management (continued) e. Risk management The Board of Trustees has conducted a review of all major risks to which the Charity is exposed. The risk register is updated at least quarterly and then presented to the Risk and Compliance sub-committee of Trustees prior to referring the report lo the full Board. Where appropriate systems and procedures are established to mitigate the risks the Charity faces. Policies and procedures are periodically reviewed in response to either external changes in regulation, internal changes to operating policies, or the scheduled review date to ensure they continue to meet the needs of the Charity. Key areas of risk identified are as follows.. The Board of Trustee5 takes its respon5ibilily in relation to the safeguardlng of children, young people, and vulnerable adults very seriously. Members of the Executive are appointed as designated safeguarding leads. We ensure that DBS checks are carried out for all trustees, colleagues and volunteers who have direct contact wth children, young people, or vulnerable adults on joining the Charity and at least every three years thereafter. The health and safety of all stakeholders, including fire risk management, continues to be monitored by the Risk and Compliance Committee with regular reportin9 to the Board of Trustees. The Charity employs a Health and Safety Officer and there is a Health and Safety Forum which meets monthly. Associated with the expansion of services this is a more general risk of ensuring the Charity maintains adequalely resourced, with Suitably qualified and experienced colleague5. Appropriate procedures and policies are embedded to ensure this risk is managed and this was a particular area of focus for the Risk and Compliance Committee during the year with the Committee reassured on this risk. Page 14

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Statement of Trustee8' responsibilities The Trustees (who are also the directors of the Charity for the purposes of company law} are responsible for preparing the Trustees, Report including the Strategic Repoit and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 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 Group and the Charity and of their incoming resources and application of resources, including their income and expenditure. for that period. In preparing these financial statements, the Trustees are required to.. select suitsble accounting policies and then apply them consistently., observe the methods and principles of the Charities SORP IFRS 1021., make judgments and accounting estimates that are reasonable and prudent., stste whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Group will continue in business. The Trustees are responsible for keeping adequate accounting records that are suff icient to show and explain the Group and the Charity's transactions and disclose with reasonable accuracy at any lime the financial position of the Group and the Charity 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 Group and the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Dl8closure of Infomiation to audltors Each of the persons who are Trustees at the time when this Trustees, Report is approved has confimed that.. so far as that Trustee is aware, there is no relevant audit information of which the charitable group's auditor5 are unaware, and that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit information and to establish that the charitable group's auditors are aware of that information. Auditors The auditors, Robert Anderson (Senior Statutory Auditor), have indicated their willingness to continue in office. The designated Trustees will propose a motion reappointing the auditors at a meeting of the Trustees. Approved by order of the members of the board of Trustees on 7 July 2025 and signed on their behalf by.. Lady K Wilson QPM Chair of Board Page 15

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarant88) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF LINCOLNSHIRE Y.M.C.A. LTD Opinion We have audited the financial statements of Lincolnshire Y.M.C.A. Ltd {the 'parent charitable company,) and its subsidiaries (the 'group') for the year ended 31 March 2025 which comprise the Consolidated Statement of Financial Activities, the Consolidated Balance Sheet, the Charity Balance Sheet, the Consolidated Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The f inancial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements.. give a true and fair view of the state of the Group's and of the parent charitable company's affairs as at 31 March 2025 and of the Group's incoming resources and application of resources, including its income and expenditure for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with Inlernational Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibilitie5 for the audit of the financial statements section of our report. We are independent of the Group in accordance with the ethical requirements that are relevant ta our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements, We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our oplnion. Concluslons relatlng to going concern In auditing the financial statements, we have concluded that the Trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating lo events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent charitable companls ability to continue as a going concern for a period of at least bNelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Trustees wtth respect lo going concern are described in the relevant sections of this report. Page 16

LINCOLNSHIRE Y.M.C.A. LTD {A Company Limlted by Guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF LINCOLNSHIRE Y.M.C.A. LTD (CONTINUED) Other infomiation The other information comprises the information included in the Annual Report other than the financial statements and our Auditors, Report thereon. The Trustees are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent othe￿iSe explicitly ststed in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the olher infomiation is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or othewise appears to be materially misstated. If we identify such material inconsistencies or apparent malerlal misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude Ihat there is a material misst8tement of thi5 Other information, we are required to report thal fact. We have nothing to report in this regard. Opinlon on other matters prescribed by the Companie8 Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the Trustees, Report including the Strategic Report for the financial year for which the financial statements are prepared 18 consistent with the financial statements. the Trustees, Report and the Strategic Report have been prepared in accordance with applicable legal requirements. Matterd on whlch we are requlred to report by exception In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees, Report including the Strategic Report. We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report lo you rf, in our opinion.. the parent charitable company has not kept adequate and sufficient accounting records, or returns adequate for our audit have not been received from branches not visited by us- or the parent charitsble company financial statements are not in agreement with the accounting records and return5; or certain disclosures of Trustees, remuneration specified by law are not made- or we have not received als the information and explanations we require for our audit. Page 17

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantea) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF LINCOLNSHIRE Y.M.C.A. LTD (CONTINUED) Responslbilities of trustees As explained more fully in the Trustee5' Responsibilities Statement, the Trustees (who are also the directors of the charitable company for the purposes of company law} are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees detemiine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the Group's and the parent charitable company's ability to continue as a going concern. disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the Group or the parent charitablo company or to cease operations, or have no realistic alternative but to do so. Audltor8' responslbilitie8 for the audlt of the flnanclal 8tatements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material mi5Statement, whether due to fraud or error, and to Issue an Auditors, Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities. including fraud, are instances Df non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detigct material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, includlng fraud is detailed below., the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations; we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the charity and sector in which it operates., we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, SORP 2019 (FRS 1021, Housing SORP {20191, taxation legislation, data protection, anti-bribery, employment, environmental and health and safety legislation; we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence., and identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit. We assessed the susceptibility of the company's financial statements to material misstalement, including obtaining an understanding of how fraud might occur, by.. making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud,. and considering the internal controls in place to mitigate risks of fra(Jd and non-compliance with laws and rggulation6. To address the risk of fraud through management bias and override of controls, we., performed analytical procedures to identify any unusual or unexpected relationships., tested Journal entries to identify unusual transactions., Page18

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF LINCOLNSHIRE Y.M.C.A. LTD (CONTINUED) assessed whether judgements and assumptions made in determining the accounting estimates set out in Note 2 were indicative of potential bias,. and investigated the rationale behind significant or unusual transactions. reviewed Trustee meeting minutes for evidence of appropriate decision-making and management controls. In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to.. agreeing financial statement disclosures to underlying supporting documentation., reading the minutes of meetings of those charged with governance- and enquiring of management as to actual and potential litigation and claims. There are inherent limitalions in our audit procedures described above. The more removed that laws and regulations are from financial Iransactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at.. www.frc.or .uklauditorsre onsibili les. This description forms part of our Auditors, Report. U8e of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we mighl state to Ihe charitable company's members those matters we are required to state to them in an Auditors, Report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed. Robert Anderson (Senior Statutory Auditor) for and on behalf of Streets Audit LLP Tower House Lucy Tower Street Lincoln Lincolnshire LN1 1XW Date.. Iq1081161 Page19

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limlted by Guarantee) CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted funds 2025 Restrlcted funds 2025 Total funds 2025 Total funds 2024 Note Income from: Donations and legacies.. Capital grants Other donations and legacies Charitable activities Other trading activities Investments 3,437,639 3,437,639 282,140 5,273,287 220,263 9,534 282,140 4,587,185 220,263 9,534 209, 080 5, 003,303 346, 039 2,410 686,102 Total Income 5,099,122 4,123,741 9,222,863 5,56Q,832 Expenditure on: Raising funds Charitable activities 220,245 4,984,608 220,245 5,685,605 269, 837 5,257,597 700,997 Total expendlture 5,204,853 700,997 5,905,850 5, 527, 434 Net lexp8ndlture)Ilncome Transfers be￿een funds (105,7311 2,478,813 3,422,744 (2,478,813) 3,317,013 33,398 21 Net movement In funds before other recognised gainslllosses) 2,373,082 943,931 3,317,013 33,398 Other recognised gainsl(losses): Losses on revaluation of fixed assets (1,635,367) (3,437,639) (5,073,006) Net movement In fund5 737,715 (2,493,708) 11,755,993> 33,398 Reconciliation of fund5: Total funds brought forward Net movement in funds 5,267,604 737,715 4,033,581 9,301,185 {2,493,7081 (1,755,993} 9,267, 787 33,398 Total funds carried fomard 6,005,319 1,539,873 7,545,192 9,30t,185 Page 20

LINCOLNSHIRE Y.M.C.A. LTD (A Company Llmited by Guarantee) REGISTERED NUMBER: 00734870 CONSOLIDATED BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note Fixed assets Intangible assets Tangible assets 14 15 5,936 7,286,074 11,873 8,456,832 7,292.010 8, 468, 705 Current assets stocks Debtors Cash at bank and in hand 17 18 4,804 714,177 1,284,976 7, 789 432,069 1,396,670 2,003,957 1,836,528 Creditors: amounts falling due within one year 19 (714,391) (678, 650) Net current assets 1,289,566 1,157,878 Total as8ets less current liabillties 8,581,576 9, 626,583 Creditors: amounts falling due after more than one year 20 (1,036,384) (325,398) Total net assots 7,545,192 9,301,185 Charity funds Restricted funds Unrestricted funds 21 1,539,873 6,005,319 4,033,581 5, 267, 604 21 Total funds 7,545,192 9,301,185 The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial ststements. The financial statements were approved and authorised for issue by the Trustees on 07 July 2025 and signed on their behalf b Lady K Wllson QPM Chair of Board J Henwood FCMA Vice Chair of Board The notes on pages 24 to 46 fomi part of these financial statements. Page 21

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) REGISTERED NUMBER: 00734870 CHARITY BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note Fixed assets Intangible assets Tangible assets Investments 14 15 16 5,936 7,277,802 11,873 8,453, 803 7,283,739 8,465,677 Current assets Stocks Debtor5 Cash at bank and in hand 17 1,131 725,797 1,267.753 1,456 496,63Q 1,306,330 18 1,994,681 1,804,416 Creditors.. amounts falling due within one year 19 (710,1291 (656, 795) Net current a888ts 1,284,552 1, 147,621 Total a88ets le8s curront liabllities Creditors.. amounts falling due after more than one year 8,568,291 9,613,298 20 (1,036,384) (325,398) Total net asset8 7,631,907 9,287,900 Charity funds Restricted funds Unrestricted funds 21 1,539,873 5,992,034 4, 033, 581 5,254,379 21 Total funds 7,531,907 9, 287, 900 The Charity's net movement in funds for the year was £(1,755,993) (2024 - £33,398). The Trustees acknowledge their responsibilities for complying with the requirements of the Acl with respect to accounting records and preparation of financial statements. The financial statements were approved and authorised for issue by the Trustees on 07 July 2025 and signed on their behalf b Lady K Wilson QPM enwood FCMA Chair of Board Vice Chair of Board The notes on pages 24 to 48 form part of these financial statements. Page 22

LINCOLNSHIRE Y.M.C.A. LTD (A Company Llmited by Guarantee) CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Cash flows from operating actlvlti88 Net cash used in operating activities 3,134,253 166,375 Cash flows from Investing activitiès Purchase of tsngible fixed assets Interest Income (3,961,064> 9,534 (91,787) 2,410 Net cash used In investlng actlvltles (3,951,530) (89,377) Cash flows from flnanclng activltles Cash inflows from new borrowing Repayments of borrowing Interest paid 800,000 161,863) (32,554) (47,899) (19,466) Net cash provlded byl{u8ed in) financing activlties 705,583 (67,365) Change in cash and cash oquivalents in the year Cash and cash equivalents at the beginning of the year (111,694) 1,396,670 9,633 1,387,037 Cash and cash equlvalents at th8 end of the year 1,284,976 1,396,670 The notes on pages 24 to 46 form part of these financi81 statements Page 23

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 General infomiatlon As set out in the Trustee's Report, Lincolnshire Y.M.C.A. Limited is an incorporated registered charity in England & Wales. The principal office of the charity is Lincolnshire Ymca Ltd, St. Rumbolds Street, Lincoln, LN2 SAR. The principal objective of the charity is set out in the Trustee's report. Accountlng policie8 2.1 Basis of preparatlon of financial 8tatem8nts The financial statements have been prepared in accordance with the Charities SORP (FRS 1021 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) (effective 1 January 2019), the Fin8ncial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 and the Companies Act 2006. Additional disclosures required by The Statement of Recommended Practice for Social Housing Providers 2018 have also been included where applicable to the housing operations of the charity. Lincolnshire Y.M.C.A. Ltd meet5 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. The Consolidated Statement of Financial Activities {SOFA) and Consolidated Balance Sheet consolidate the financial statements of the Charity and its subsidiary undertaking. The results of the subsidiary are consolidated on a line by line basis. The Charity has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of Financial Activities in these financial statements. 2.2 Going concern The Trustees do not believe that there are any material uncertainties about the Charity's ability to continue. The Charity has cash reserves and the Trustees are confident that funding streams are available to the Charity. The financial stamements have therefore been prepared on a going concern basis. 2.3 Income All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the Consolidated Statement of Financial Activities on a receivable basis. The balance of income recelved for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognikn'on is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable. Page 24

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policles (continued 2.4 Expendlture Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activily. Shared costs which contribute to more than one acknvity and support costs which are not attributable to a single activity are apportioned be￿een those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated an the portion of the asset's use. Expenditure on raising funds includes all expenditure incurred by the Group to raise funds for its charitable purposes and includes costs of all fundraising activities event8 and non-charitable trading. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Group's objectives, as well as any associated support costs. All expenditure 15 inclusive of irrecoverable VAT. 2.6 Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is nomially upon notification of the interest paid or payable by the institution with whom the funds are deposited. 2.6 Intanglble a888ts and amortlsation Intangible assets costing £500 or more are capitalised and recognised when future economic benefits are probable, and the cost or value of the asset can be measured reliably. Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at Cost less any accumulated amortisation and any accumulated impaimient 1055es. Amortisalion is provided on intanglble assets at rates calculated to write off the cost of each asset on a straight-line basis over its expected useful lffe. Amortisation is provided on the following basis: Website Development 33 % straight line Page 25

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limlted by Guarant88) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policies (continued) 2.7 Tangible fixed assets and depreciatlon Tangible fixed assets costing £500 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cosL Afler recognition, under the revaluation model tangible fixed assets whose fair value can be measured reliably shall be carried at a revalued amount, being their fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impaimient losses. Revaluations are made with sufficient regularlty to ensure that the carrying amount does not differ materially from that which would be determined using fair value at the end of the reporting date. Fair values are determined from market-based evldence by appraisal that is normally undertaken by professionally qualified valuers. If there is no markel-based evidence of fair value because of the specialised nature of the tangible fixed asset and it is rarely sold, except as part of a contributing business, a Charity may need to estimate fair value using an income or depreciated replacement cost approach. Gains and losses on revaluation are recognised in the Consolidated Statement of Financial Activities, with a separate revaluation reserve being shown in the Statement of funds note. Assets in the course of construction are included at costs incurred to date. Depreciation on these assets is not charged until they are brought into use. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation 15 provided on the followlng b8SIS-. Plant and machinery 4Vo to 330/0 Straight line 2.8 Investments Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance Sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and 1055es, whether realised or unrealised. are combined and presented as 'Gainsl(Losses) on investments, in the Consolidated Statement of Financial Activities. Investments in subsidiaries are valued at cost less provision for impaimient. 2.9 Stocks Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving Stocks. Cost includes all direct costs and an appropriate proportion of fixed and vori8blo overheads. Page 26

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (contlnued) 2.10 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.11 Cash at bank and in hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 2.q2 Llabilitios and provi8lon8 Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event. it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recogni5ed at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or seNices It must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounls, discounted at the pre-tax discount rate that reflects the risks specific lo the liability. The unwinding of the discount is recognised in the Consolidated Statement of Financial Activities as finance cost. 2.13 Financial instruments The Group only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 2.14 Penslons Lincolnshire YMCA participated in a multi-employer defined benefit pension plan for employee5 of YMCAS in England, Scotland and Wales, which was closed to new members and accruals on 30 April 2007. Due to insufficient information, the plan's actuary has advised that it is not possible to separately identify the assets and liabilities relating to Lincolnshire YMCA. As described in note 26 Lincolnshire YMCA has a contractual obligation to make pension deficit payments of £25,508 per annum over the period to April 2027 (2024: £25,508 per annum), accordingly this is shown as a liability in these accounts. In addition, Lincolnshire YMCA is required to Gontribute to the operating expenses of the Pension Plan and these costs are charged to the ststement of Comprehensive Income as made. Page 27

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limlted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (continued) 2.15 Fund accountlng General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the Specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Investment income, gains and losses are allocated to the appropriate fund. 2.16 Soclal Hou8ing and other capital grants The c05t of housing developments financed wholly or partly by Housing Association Grants have been revalued to their market valuation and the grant value taken to reserves. This is in accordance with The Statement of Recommended Practice for Social Housing Providers 2018. Crltlcal accountlng estlmates and area8 of Judgment Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Critical accounting estimates and assumptions.. Tangible fixed assets are recogni5ed at cost or valuation, less accumulated depreciation and any impairments. Depreciation takes place over the estimated useful life, down to the assessed residual value. The carrying amount of the charity's fixed assets is tested as soon as changed conditions show that a need for impairment has arisen. The Charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below. Page 28

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Income from donations and legacie5 Unrestricted Restricted funds funds 2025 2025 Total funds 2025 Tot81 funds 2024 Grants Capital Grants Donations 3,437,639 3,437,639 282,140 282,140 209,080 282,140 3,437,639 3,719,779 209, 080 Incom8 from charltable actlvltles Unrestricted Rostricted funds fund8 2025 2025 Total funds 2025 Total funds 2024 Housing and Support Nursery The Showroom (including Climbing) Youth Work Other Community Outreach Just Lincolnshire Projects other 3,289,497 844,899 162,730 282,061 7,090 908 52,846 5,283 4,035 270,133 243,376 105,785 3,342,343 850,182 166,765 552,194 260,466 106,693 3,088,247 642,576 173,027 331,608 227, 553 149, 556 79,092 311,644 4,644 4,644 4,587,185 686,102 5,273,287 5, 003,303 Page 29

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Income from other tradlng activlties Income from non charltable trading activltie8 Unrostricted funds 2025 Total funds 2025 Total funds 2024 Activities for generating funds Trading Subsidiary- Income 14,270 331,769 220,263 220,263 220,263 220,263 346, 039 Investment incom• Unrestrlcted R88trlcted funds funds 2025 2025 Total funds 2025 Tot81 funds 2024 Investment income 9,534 9,534 2,410 Expendlture on raising funds Costs of raislng voluntary Income Unrestricted fund8 2025 Total funds 2025 Total funds 2024 Fundraising costs 5,494 5,494 20,085 Page 30

LINCOLNSHIRE Y.M.C.A. LTD (A Company Llmited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on raising funds (continued) Other tradlng expenses Unrestrlcted funds 2025 Total funds 2025 Total funds 2024 Trading - Cost of sales Trading - staff costs 79,958 134,793 79,958 134,793 94, 732 155, 020 Total 2025 214,751 214.751 249, 752 Analys18 of expenditure on charitable actlvlties Summary by fund type Unrestricted Restrlcted funds funds 2025 2025 Total 2025 Tot81 2024 Housing and Support Nursery The Showroom (including Climbing) Youth Work Other Community Outreach Just Lincolnshire Projects other 3,278,480 971,839 253,789 363,646 85,607 14,420 32,846 3,859 4,035 270,136 243,376 117,745 29,000 3,311,326 975,698 267,824 633,782 328,983 132,165 29,000 16,827 2, 960, 376 785,054 266, 780 383, 096 353, 866 166,478 34,862 307, 085 16,827 Total 2025 4,984,608 700,997 5.685.605 5,257,597 Page 31

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10. Analysis of expenditure by activities Activitles undertaken directly 2025 Support costs 2025 Total funds 2025 Total funds 2024 Housing and Support Nursery The Showroom (including Climbing) Youth Work Other Community Outreach Just Lincolnshire Projects other 2,124,938 807,418 131,611 507,570 286,911 115,337 29,000 1,186,388 168,282 126,213 126,212 42,072 16,828 3,311,326 975,698 257,824 633,782 328,983 132,165 29,000 16,827 2, 960,376 785, 054 266, 780 383, 096 353,866 166,478 34, 862 307, 085 16,827 Total 2025 4,002,783 1,682,822 5,685,605 5,257,597 Auditors, remuneration 2026 2024 Fees payable to the Charitys auditor for the audit of the Charitys annual accounts 11,500 8, 000 12. Staff costs Group 2025 Group 2024 Charlty 2025 Charity 2024 Wages and salaries Social security costs Contribution to defined contribution pension schemes 3,143,346 258,759 2, 780, 429 216,796 3,018,464 250,852 2, 625,409 216,796 83,705 83,187 81,701 83,187 3,485,810 3,080,412 3,351,017 2, 925,392 Page 32

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 12. staff costs (continued) The average number of persons employed by the Charity during the year was as follows.. Group 2025 Group 2024 No. Housing & Support Nursery and Childcare The Showroom (including climbing) Youth Work Support Management and support Other Community Outreach Just Lincolnshire 38 30 17 19 36 28 20 22 24 22 138 143 The number of employees whose ernployee benefits (excluding employer pension costs) exceeded £60,000 was.. Group 2025 No. Group 2024 In the band £60,001- £70,000 In the band £70,001- £80,000 In the band £80,001- £90.000 The key management personnel of the charity are the senior leadership team of the Charity. The aggregate amount of emoluments payable in respect of the senior leadership team in the year was £309,680 (2024: £299,070), which includes pension costs of £16,489 (2024: £15,784) in defined contribution schemes. 13. Trustees. remuneration and expenses During the year, no Trustees received any remuneration or other benefits (2024 - £NIL). During the year ended 31 March 2025, expenses totslling £801 were reimbursed or paid directly to 2 TNStees (2024 - £415 to 3 Trustees). These expenses related to travel and accomodation costs all repaid in the year. Page 33

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 14. Intangible assets Group and Charity Website Development Cost At 1 April 2024 17,810 At 31 March 2025 17,810 Amortisatlon At 1 April 2024 Charge for the year 5,937 5,937 At 31 March 2025 11,874 Net book value At 31 March 2025 5,936 At 31 March 2024 11,873 Page 34

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 15. Tangible flxed assets Group Land and Land and Buildings Buildings Land & Plant and (Social {Non Social Buildings Plant and Machlnery Housing) Housing) (My Place) machinery (My Place> Total Cost or valuation At 1 April 2024 Additions Disposals Revaluations 4.830,115 2,340,239 542,863 2,900,000 1,123,378 1,599,789 21,036 (281,196) 601,546 9,997,902 3,961,064 (281,196) {5,073,006) (2,060,364) (1,642,652) (1,370,000) At 31 March 2025 5,110,000 500,000 1,530.000 863,218 601,546 8,604,764 Depreciation At 1 April 2024 Charge for the year On disposals 939,524 57,930 1280,310) 601,546 1,541,070 57,930 (280,310) At 31 March 2025 717,144 601,546 1,318,690 Net book value At 31 March 2025 5,110,000 500,000 1,530,000 146,074 7,286,074 At 31 March 2024 4,830, 115 542, 863 2, 900, 000 183, 854 8,456, 832 Page 35

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 15. Tangible flxed assets (continued> Charity Land and Land and Buildings Bulldings Land & Plant and (Social (Non Social Buildings Housing) Plant and Machlnery Housing) (My Place) machlnery (My Place) Total Cost or valuatlon At 1 April 2024 Additions Disposals Revaluations 4,830,115 642,863 2,900,000 1,118,063 2,340,239 1,599,789 14.182 (281,1961 601,546 9,992,587 3,954,190 (281,196) (5,073,006) (2,060,354) (1,642,652) (1,370,000 At 31 March 2025 5,110,000 500,000 1,530,000 851,029 601,546 8,592,575 Depreciatlon At 1 April 2024 Charge for the year On disposals 937,238 56,299 (280,310) 601,546 1,538,784 56,299 1280,310) At 31 March 2025 713,227 601,546 1,314,773 Net book valua At 31 March 2025 5,110,000 500,000 1,530,000 137,802 7,277,802 At 31 M8rch 2024 4,830, 115 542, 863 2, 900, 000 180,825 8, 453, 803 Page 36

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 15. Tangible fixed assets (continued) All land and buildings were revalued at 18 September 2024 by Eddisons chartered surveyors on an open market existing use basis. The director5 consider the properties values to be accurately stated as at 31 March 2025. The freehold social housing properties provide 177 units of accomodation. The Group h8s adopted a policy of revaluation for tangible fixed assets. Had these assets been measured at historic cost, the carrying values would have been a5 follows.. Group 2025 Group 2024 Charity 2025 Charity 2024 Land and Buildings (Social Housing) Land and Buildings (Non Social Housing) Land & Buildings (My Place) Plant and machinery 7,300,201 2,152,365 4,176,271 146,074 4,959, 962 552, 576 4, 176,271 183,854 7,300,201 2,152,365 4,176,271 137,802 4, 959,962 552, 576 4, 176,271 180, 825 13,774,911 9,872,663 13,766,639 9, 869, 634 16. Fixed asset Investments The Charity owns one ordinary share of a nominal value of £1 in YMCA Trading Company Limited company number 02802232. This is 100 % of the issued share c8Pital of that company. Princlpal subsldiaries The following was a Subsidiary undertaking of the Charity.. Name Company number Holdlng Included In consolldatlon YMCA Trading Company Ltd 02802232 100% Yes The financial results of the subsidiary for the year were: Name Income Expenditure Net assets YMCA Trading Company Ltd 220,263 {220,263) 13,285 Page 37

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 17. Stocks Group 2025 Group 2024 Charity 2025 Charity 2024 Raw materials and consumables Finished goods and goods for resale 1,131 3.673 1,456 6,333 1,131 1.456 4,804 7, 789 1,131 1,456 18. Debtors Group 2025 Group 2024 ChaTIty 2025 Charity 2024 Due withln one year Trade debtors Amounts owed by group undertakings Other debtors Prepayments and accrued income 160,293 160,580 149,091 15,817 10.538 550,351 126, 699 98,442 2,958 550,926 271,489 271,489 714,177 432, 069 725,797 496, 630 19. Creditors: Amounts falllng due wlthin one year Group 2025 Group 2024 Charlty 2025 Charity 2024 Bank loans Trade creditors Other taxation 8nd social security Provisions for pension deficit Other creditors Accruals and deferred income 47,436 243.456 56,492 27,838 11,647 327,522 43, 668 133,970 36,299 48, 804 93,398 322,511 47,436 240,676 56,491 27,838 11,647 326,041 43, 668 127,850 22, 713 48,804 93,398 320,362 714,391 678, 650 710,129 656, 795 Page 38

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 20. Creditors: Amounts falling due after more than one year Group 2025 Group 2024 Charity 2025 Charity 2024 Bank loans Provisions for pension deficit 1,010.681 25,703 276,312 49, 086 1,010,681 25,703 276,312 49,086 1,036,384 325,398 1,036,384 325, 398 The 8ggregate amount of liabilities payable or repayable wholly or in part more than five years after the reporting date is.. 2024 2023 Payable or repayable by instalments 851,000 167,300 A loan was drawn down in October 2014 for £147,000. This 15 payable by monthly instalments with interest bearing at 2.25 % over the base rate of interest. The loan is secured on the charity's freehold property, specificially.. 4 Arboretum View, Lincoln and its associated a55ets 4 Vernon Street, Lincoln and its associated assets -unit 4 Manks Way, Lincoln and its associated assets A second loan was drawn down in August 2016 for £255,000. This is payable by monthly instalments with interest bearing at a fixed rate of 4.860A. The loan is secured on the charity's freehold property, specificially.. 4 Arboretum View, Lincoln and its associated assets 4 Vernon Street, Lincoln and its associated assets -unit 4 Monks Way. Lincoln and its associated assets -Rasen House, Rasen Lane, Lincoln and its associated assets A subsequent loan of £800,000 was drawn down in July 2024. This is payable by monthly instalment5 With interest bearing at 2.5 % over the base rate of interest. The bank loan is secured on 12 Sheridan Close, Lincoln, Lincolnshire. Page 39

LINCOLNSHIRE Y.M.C.A. LTD IA Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 21. Statement of funds Statement of funds - current year Balance at 31 March 2025 Balance at 1 April 2024 Transfers inlout Gainsl (Los88s) Income Expenditure Unrestricted funds Deslgnated fund8 Major Repairs Reserve Major Projects Fund 102,574 247,426 (102,574) 277,472 524,898 350,000 174,898 524,898 General funds General Funds Trading Subsidiary Revaluation reserve 3,134,132 13,285 1,770,187 4,878,859 220,263 (4,984,590I (200,932) (220,2631 2,827,469 13,285 (1,635,367) 2,639,667 2,504,847 4,917,604 5,099,122 (5,204,853) 2,303,915 11,635,367) 6,480,421 Total Unre8trlcted funds 6,267,604 5,099.122 {5,204.853) 2,478,813 (1,635,367) 6,005,319 Restricted funds My Place Grant Nomad Shelter other Restricted Grants Capital grants 2,904,226 899,206 {1,370,000) (899,206) 1,534.226 230,149 686,102 3,437,639 (700,997) (209,6071 5,647 (3,437,639) 4,033,581 4.123,741 (700,997) (2,478,813) 13,437,639) 1,539.873 Total of fund6 9,301,185 9,222,863 {5,905,850) (5,073,006) 7,545,192 Page 40

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 21. Statemant of funds (continued) D8signated Funds orre airs reserve The Trustees had previously designated funds to major property maintenance.The Trustees have designated £524,898 received as a single donation in prior years towards future major property projects or Pro ects Fund The Trustees have designated £524,898 received as a single donation in prior years towards future major property projects. Restrlcted Funds M Place Grant The My Place grant has been received to support the development and operation of The Showroom as a Youth Centre for Lincoln. The funding has been used for the purchase and refurbishment of a former motor showroom on Tritton Road in Lincoln as a major youth activity and training centre. The terms of the grant require Ihe provision of youth services at the site for 20 years from the date of award in 2009. Nomad The Nomad emergency shelter fund represented the value of donations previously raised towards the creation and operation of the shelter. These have been reviewed during the year with £524,898 transferred to a designated fund and the remaining to unrestricted funds as it was demonstrated they had been utilised previousEy. ital Gran Various capital grant5 received in respect of social housing developments at 12 Sheridan Close, Crown. Capital grants also include funding received in resp(>ct of the non social housing development at St Giles, Lincoln. Other restrlcted funds Youth Investrnent Fund Funds provided to create, expand and improve local youth facilities and their services, in order to drive positlve outcomes for young people, including improved mental and physical wellbeing, 8nd skills for life and work- buildlpreserve youth facilities that are fit for purpose in left behind areas. ACREIDEFRA Lincolnshire YMCA is Lincolnshire's representative on Action with Communities in Rural England (ACRE). Acre distributes funding to the Charity to support our rural community work. Transfers Transfers to the revaluation reserve are in respect of properties revalued in the year to which previously had a revaluation surplus. Page 41

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 21. Statement of funds (continued) Statement of fund8 - prior year Balance al 31 March 2024 Balance at t April 2023 Transfers in/out Income Expenditure Unrestrlcted fund8 Designated funds Major Repairs Reserve Major Projects Fund 102,574 247,426 102,574 247,426 350,000 350, 000 General funds General Funds Other Commerical trading Trading Subsidiary Revaluation reserve 3,051,862 72,418 13,285 1, 770, 187 4,349,960 (4, 436,305) 14,270 (3,975) 331, 769 (245, 775) 85,902 3,051,419 82, 713 13,285 1, 770, 187 (85, 994) 4,907, 752 4, 695, 999 (4, 686, 055) (92) 4, 97 7,604 Total Unrestricted fu nd8 5, 257, 752 4, 695, 999 (4, 686, 055) (92) 5,267, 604 Restricted funds My Place Grant Nomad Shelter Other Restricted Grants 2, 904, 226 850,322 255,488 2, 904,226 899, 208 230, 147 56, 622 808,211 (7, 736) (833, 644) 92 4,010,036 864, 833 (841,380) 92 4, 033, 581 Total of funds 9,267, 788 5,560,832 (5, 527, 435) 9,301,185 Page 42

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limlt8d by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 22. Summary of funds Summary of funds - current year Balance at 31 March 2025 Balance at 1 April 2024 Transfers Inlout Gainsl (Losses) Income Expendlture Designated funds General funds Restricted funds 350,000 4,917,604 4,033.68 174,898 524,898 (5,204,853) 2,303,915 (1,635,367) 5,480,421 (700,997) (2,478,813) (3,437,639) 1.539,873 5,099,122 4,123,741 9,301,185 9,222,863 (5,906,850) (5,073,006) 7,545,192 Summary of funds - prior year Balance at 31 March 2024 Balance at l April 2023 Transfers in/out Income Expenditu Designated funds General funds Restricted fund8 350, 000 4,907, 752 4,010,036 350, 000 (92) 4,917, 604 92 4, 033, 581 4, 695,999 864, 833 (4,686, 055) (841,380) 9,267, 788 5, 560, 832 (5, 527,435) 9,301,185 23. Analysis of net assets between funds Analysis of net assets between funds - current year Unrestricted Restrlcted funds funds 2025 2025 Total funds 2025 Tangible fixed assets Intangible fixed assets Current assets Creditors due within one year Creditors due in more than one year 5,751,848 5,936 1,998,310 (714,391) (1,036.384) 1,534,226 7,286,074 5,936 2.003,957 {714.391) (1.036,384) 5,647 Total 6,005,319 1,539,873 7,545,192 Page 43

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 24. Reconctliation of net movement in funds to net cash flow from operating activities Group 2025 Group 2024 Net income for the year (as per Statement of Fin8ncial Activities) 3,317,013 33,398 Adjustments for: Depreciation charges Amortisation charges Dividends, interests and rents from investments Loss on the sale of fixed assets Decreasellincreasel in Stocks Increase in debtors Increase in creditors Movement on pension provision 57,930 5,937 (9,534) 886 2,985 (292,239) 95,624 (44,349> 69,322 17,056 (1, 288) (163,431) 252, 566 (41,248) Net ca8h provided by operating activitle8 3,134,253 166,375 25. Analysi8 of cash and cash equlvalent8 Group 2025 Group 2024 Cash in hand 1,284,976 1,396,670 Total cash and cash equivalents 1,284,976 1,396,670 26. Analysls of changa8 in net debt At 1 April 2024 Cash flow5 At 31 March 2025 Cash at bank and in hand Debt due within 1 year D•bt rJu¥ •ill￿1 1 ypéi. 1,396,670 (154,961) {276,3121 1111,694) 1,284,976 79,687 (75,274) (734,369) 11,010,681 965,397 (766,376> 199,021 Page 44

LINCOLNSHIRE Y.M.C.A. LTD (A Company Llmited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 MARCH 202S 27. Pension commltments Lincolnshire YMCA participated in a contributory pension plan providing defined benefits based in final pensionable pay for employees of YMCAS in England, Scotland and Wales. The assets of the YMCA Pension Plan are held separately from those of Lincolnshire YMCA and at the year end these were invested in the Mercer Dynamic De-Risking Solution, 650/0 matching portfolio and 35% in the growih portfolio and Schroder (property units only). The most recent completed three-year valuation was as at 1 May 2023. The assumptions used which have the most significant effect on the results of the valuation are those relating to the assumed rates of return on assets of 4.56°/o, the increase in pensions in payment of 3.18 % (for RPI capped at 50/0 p.a.), and the average life expectancy from normal retirement age lof 65) for a current ma5e pensioner of 21.5 years, female 24.0 years, and 23.1 years for a male pensioner, female 25.7 years, retiring in 20 years lime. The results of the valuation showed that the actuarial value of the assets was £103.1m, which represented 92 % of the benefits that had accrued to members. The Pension Plan was closed to new members and future service accrual with effect from 30 April 2007. With the removal of the salary linkage for benefits all employed deferred members became deferred members as from 1 May 2011. The valuation prepared as at 1 May 2023 showed that the YMCA Pension plan had a deficit of £9.1m. Lincolnshire YMCA has been advlsed that it will need to make monthly contributions of £2,126 from 1 May 2024. This amount is based on the current 8Ctuarial assumptions (as outlined above) and may vary in the future as a result of actual performance of the Pension Plan. Agreed future deficit contributions have been dlscounted uslng a rate of 5.25 /0 (2024 5,250/0). The current recovery period is 3 years commencing 1 May 2024. Repayable Two to After flve five years years within One to one year two years After more than one year Total As al 31 March 2025 As at 31 March 2024 25,508 25,508 24,236 24,236 1,919 24,850 25,703 49,086 51,663 74,594 Page 45

LINCOLNSHIRE Y.M.C.A. LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 27. Pension commitments (continued) In addition, Lincolnshire YMCA may have over time liabilities in the event of non-payment by other participating YMCAS of their share of the YMCA Pension Plan's deficit. It is not possible Gurrently to quantify the potential amount that Lincolnshire YMCA may be called upon to pay in the future. Following the acquisition of Community Lincs in 2019,. the Charity participates in a multi-employer scheme operated by The Pension Trust. The scheme is a defined benefit scheme in the UK. The Charity is required to fund its share of the deficit of the scheme in respect of employees who were active members of the relevant sections of the scheme with seNice up to October 2001. The scheme was revalued in 2022 and the deficit reduced by £22,649. With no current active members of the Charity a deficit of £2,330 has been recognised with the contribution being made after the year end. Repayable Two to After five rive years years Within one year One to two years After rnore than one year Total As at 31 March 2025 As at 31 March 2024 2,330 23,296 2,330 23,296 28. Operatlng lea8e commitment8 At 31 March 2025 the Group and the Charity had commitments to make future minimum lease payments under non-cancellable operating leases as follows: Group 2025 Group 2024 Charity 2025 Ch8rity 2024 Not later than 1 year Later th£n 1 year and not later than 5 years 113,083 45,711 91,440 59, 344 113,083 45,711 91,440 59,344 158,794 150, 784 158,794 150, 784 29. Related party transactions The Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Charity at 31 March 2025. Page 46