YMCA WHITE ROSE ANMUAL REPORT AND UNAUDttED FINAIICIAL STATEMENTS FOR THE YEAR ENOED 31 MARCH 2024 Company R•9lslrall)n 00088583 (Engl and Wal•s) Charity Registrntion 243410 •IL¥lu4. 20112r2Q4 ComplEs H(WSE A47
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YMCA WHITE ROSE LEGAL AND ADMINISTRATIVE INFORMATION MrJCA MrsJLHou Mr P Hou9h Mrs J E Jone5 Mrs E Mussett Revd caft P J Bdknl Mr J R BltY Charity nUMr 243410 comnY numb•r orx)88583 R•glst•rnd offic• StAnns Road Rothetham Sc#Jth Ythkshire S65 1PH In¢wd•nt examin Unit 2 OlyThyc C¢x V¥hitehills Busuwss Pak Bwpo FY4 5GU
YMCA WHITE ROSE CONTENTS Trustees. rewt Independent examwRf5 repo¥t Statement clfinancaal Balan sheet 7-19
YMCA WHITE ROSE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Thè trustees presenl annual repcrft ar#J fina1¥ staleTr forthe year ended 31 Marth 2024. financial slatements and cowly wrfh the thariVs govemiThJ ¢knMnen( the Corryanres Act 2006, FRS t02 'The Finan¢ial Reports"ng Stsndard ap1¢a in the UK ¥d of IreL4nd" and the Charib"e$ SORP 'Ao))unb"ng and Reporbng by Charittes.. Ststemenl of Re¢aMmer Pracke apFAicable to chanb.ès preparing their ¥ccounl$ in accordan with the FThnoal Rep(¥b'ng Standard awoble fft UK and Rewklic of Ireland IFRS 102)". Objecti¥8s and activOtI8s YMCA Rose is part of a WOTlthvits Christian based nVenrt Our is towaTds in%stir¥J our skiNs and resources in the lives of young Fecyle so that W ran belorvJ. cribUte and thrive. Our aim is to enaue young people afKt other meFwer5 of local co)Ynunbtyes ts) full phy5Kal. xKial, and syritu potenlial. • work with all young people rewdless of gender. fah. ethrioty. alxlrty aThJ Sex41ty. aim to transfom people's Ives by prowdry OpptuNI18s for inspiration. dller ar¥J devebpnnt. YMCA Rose 5WJPOrts and devel¢ps indi¥idu•ls. wilh a fr#xts ywig peo(. By ful111n9 thu8 vision we ran change and enhm Ib¥es. YMCA Vvhite Rose works to enable yourt9 people to w to thew ful Wtial ty pro4iding a supportive and inclusive eommunity through its ¥ariw$ prts3ramme$ and services. The ethos of YMCA Wme Rose is based on its ao¥•Ke ¢f tr Paris Basts the YMCA to promote.. l. Awth1oWe asso¢iab"on based C Ihe equal vaue of all pwscffis. 11. ResFc and freedom for all. aoxpt0n ar#J uThJelstsrth between peopte ofthfferenl Own1$. 111. ALive o)ncern for the needs of Ihe c£¥nnunrty. tru$tee$ have paid due ffjgard ta gurdance issued by the ChrtY CornTh¥ssion in derading what activiltes the tharrty sho1 undertake.
YMCA WHITE ROSE TRUSTEES, REPORT IINCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2024 Achlevomonts and wrforMa0 The d)allenges of both the p)81.pwKJemic worfd and economic dimate continue to irrpact on tharity and in particular the employment market whith has limit our capai?ty to grow ser¥ices. o)ntinue to manage risk to ensure that we are econcrfnI1IY viable alongde deliverirg a sm811 ¥KI iryp•Xful programme of woth IJg$ed on ow local CA%ntNnity and res[¥dIng to need. Youth and Community Progrnmmes Followng a period of pause on CCrfTwnunity [grarIneS due to the len9e5 of reuuib"rKJ SUTtably qualified and ¥xperienced youth workers. we were espeaalty pleased to be able to fe5ume delivery of youth progranmes this year. We have done so throuth thè aPp'ntsIwnt of a part time youth worker DrkirvJ alongside existing youth and comnxmty groups offen"n9 YMCA led inteNthI"ons arourKI emotional Ialth wembeing and slch¥ cooker worf(shops pparing nuth"b"ous and $t meal$ assisti"w with the impac of the cost of living uisis. We have started a (xjnsultation process engaging inltralty iih 27 youThJ people to eStr1$h what they would lik• from the YMCA yOLrth offer gcMThJ foThrnTd. ensuring Y comMentsj exisb.ng youth pmvision ano tn9 in partnership to delrver h9h quatty. impadfid inter¥enti(Th to the needs of young people and their o)mmunty. YMCA lfjmbeThvorth ParfK Chity Sh¢)p Tra¢ng and donations have remained pogth¥e dewe the oJrrent ecorKrfnrc dimate and have 0utperf0md tsigets. The shop is well sijpported by a team of de(tycated vdunteers and through donati(ms of st[K for fesale. Chjr charity shop is well eslablislEd in the loral area and C1)ntin to rrttt the Wl need$ in the ¢¢thmunity, meeting needs through affordatAe dothw homtrares wlH"lst wonxl.ng sustsirwbility an ¢liry. energy safety and effi¢wy iTh)xnt m8xYrisatitin rfated ad¥e as a re5t of Ilie Cadent Safe and Iwdl Communities programnE. YMCA Buildings Ov•r the last couple of years the Board a strgy to address the redwd need br our buildirgs. Thi$ has re$uMed in tsh the St Bamabas and MypLxe Centrès b"n9 let out to Rotrerf)am Opportunrties College who help young people aged 1&25 wilh Spetial Educational Needs and Disabilities (SEND) to realise their fvll F4Jlential as prepare lrfe boyond the ¢lassroom. Tr MyrAace Centre remans available to the YMCA during evenings, weekend5 and hc4thys for youth smis. Plans for th• This year we have laid the foundatiorts for w new strategy wlIv rtithn, yw pewe and fnilie5 at the heart of our thinkin9. Our four strategic pri1beS are.. - PEOPLE.. Ow team a at the lart of7t41 we do. ve 11 wNest makirwJ YMCA Vthite Rose an emptyer of c11ce within the local comrwnities serye. BUSINESS RESILIENCE". To develop a fnan(>alty robust oryanisakn Ihat has effèdive aThJ effits.ent PsseS to support high qualty delivery. QUALITh AND IMPACT.. Fc#Xts on reigniting ddivwy of wilh youThJ Feopk in areas ojrneded to YKqCA assets and better devel¢Jp and communicate YMCA'S tythin loca c>)mmunities. - SUPPORT AND INFRASTRUCTURE.. Ensure that the YMCA has the suprrtyt systems infrastru¢lure in place to delivery of our rreft1 and futLwe thth. The Board re¢ognise the ¢tinUed thallenges as a resLrtt of the nOMiC dimate. Due to the WO that has been taken foTh¥ard to secure our asset base to aid wth fuiure $uslanaÈ41ty, aloThJ vrfith the c4)ntinued positive performance ot the charity relail sw with its finan0¥ reseNes, rt is the 8ods b•li•f thal tr* ctw.ty mains a g¢ing ctyicem.
YMCA WHITE ROSE
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Financial review
The resuwy for the year sPM>v an overan deh>t a¢tMbes beforE pension thme adjuslments anwjunting lo
£28,578 12023 ". defic4t £82.1281. Thi$ u)mprises a 5urpbus of £30.709 on unrestsi(thd funds and a deffiut of
£59.287 on restsicted funds, beiThJ due to deFKeuthn dr9ed on buildings that were grant fvnded in Or years.
Total fulS at 31 March 2024 arrthnted to a SU1(% of £60.274 on ur$tre1. aThJ a surplus of £2,230.850 on
stri¢ted lund$. The surplLbS on Lmrestrided lur#ls indudes a pension xlRme suwplus adjustrnent of £30.138
folltswin9 the latest aduarial ¥Uat Lrf the sctme. It 50 relle
YMCA WHITE ROSE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YMCA WHITE ROSE I report to the trustees on ry examinalirffi of the frw¢'al stmenls ofYMCA R05e lthp tharrtyl frK the year erKled 31 Marth 2024. Responsltsilities and ba818 of rePt As the trustees of the th•nty land also rts ¢kreLtys fty Ihe Nlposes of v)npany lawl. you are responsible for the preparation of the financial stalernerts in ac((rdawKe reqwlements of the CompaniesAct 2006. Having sisfied myself that the financial slatenwts of the charity are not reqwred to be 3Jit80 uThJer Part 18 of the Companies Ad 2006 and are eligib ts iependent examinati. I rep)rt in resFec of my examinab.on of the dwity'$ finantial statèffthts carried ojt urth sedthi 145 oftht Chantses Act 2011. In carying ryjt my exaThHnatK>n I have fc4Iowed the Direthons given by the Charity C0rThritss under Sect 145(5llbl ol the Charkts"esAcl 2011. I have completed my examinattti. I c¥nfimi th•t fto mattws 14qve to attention (leLlIon tr eninatiOn giving cause to believe that in any material re5FeCt a¢&xJnb"ng wrds were not kept Spect of chaiity as requw8d by seclion 3e6 of the Companies Act 2006 the fiftan¢¥al stemenb th not ac(¥yd ryth I)se records.. or the financial statements do not cxxnply with Ihe acojunling requirerrths of seAion 398 of Ihe C(rfnpan AL 2006 othef than any requIreff1 that the finarlat slatements uyve a aThl fair view. is not a nwtter ¢ongdered as part of an depent examinalion,. or the finanrjal ststemerrts ha¥e not been Fyepared act0rdae vAth the melhods and prinoples of the Statement of Recommended Practice lor accounling and repyting by dribeS applicat4e to chavitses preparing their financ4al slatements in accord ith the Financaal RewMtirvJ Standard applicable in the UK and Republic of Ireland (FRS 102). I have no ojncems and have C1)n a¢ross no olher matlers in Qyyn with It examination lo vknich attents.on shguld be drawn in this report in rxder to enawe a F¥oper underS1¥j ofthe 5tstemgnts to be reached. Champion Accountants LLP Unit 2 Olymyc Court rtehill$ Busir$8 Pa Blackpotsl LarKashire FY4 5GU Dale.. .l.q... la.d4.
YMCA WHITE ROSE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AIARCH 2024 Totsl fund8 2023 2024 2024 2024 2023 2023 Donations legac4es Charitable adivrties Olher trading a¢bb"e$ Investments Olher in¢4me 37.233 37,233 4.252 74,272 1.21 2.975 30.958 79.654 1.401 30.958 79.654 1.401 4.292 4.252 74.272 1.218 2.975 Total Incom• 116.305 116.305 82.717 37.233 119.950 Ch8ntsble athvils 90,190 59,287 149,4n 100.456 98.381 198.837 N&t9•bnlID) on I¢$1m1 13 4,594 4.$94 13.2411 (3.241} N•t incom(0XPdltrnj 30.709 159.28n (28.578) PO.9801 161.1481 182.128) Other rp¢ognised gains and losses: A¢tuarial 9ainslllosses) defined benefit 30.138 30.138 {14.739) (14.739} N•t movom•nl in funds 60.847 (5928n {35.719) {61.148) {96,86n R•¢oncili•tton of funds.. Furtd balances ¥11 April 2023 {$73) 2.290.137 2289.564 35.146 2,351.28S 2.386,431 Fund balan¢ at 31 Mh 2024 60.274 2.230.850 2.291.124 1573) 2.29).137 2.289,S64 The statement of fin•Kaal a(vibes Ie5 all 9wrts losses fecwtsed #i Ihe year. All incom and eXperrtlffe deiivo from o)ntinuing acvbties.
YMCA WHITE ROSE BALANCE SHEET ASAT31 MARCH 2024 2023 Fixed assets Tangilje assets Investments 15 16 2,193.617 56.035 2.252,9)4 51.935 2.249,652 2.304,839 Debtors Cash at bar and in hand 17 15.024 181.457 71,081 137.779 196.481 Creditors". amwnts 119 duo wlthin one year (42.736) 1100.813) Not ¢urnlas8•ts 9S.043 95.668 Total assets lsss li•bilili 2.344.695 2.400.507 Deffined bwfft pensbon ($3.5711 1110.9431 2.291.124 2,289,564 Th• funds ofth• charfty Restricted inm fvnd5 UNestri¢led funds 2.230,850 60274 2290.137 1573) 21 2,291.124 2289.564 The company is enblled to the exemption from tt requirement in se¢ion 477 of the Companies Acl 20. for the Ye erKled 31 Marth 2024. Thè directors novledge their re¥w)nsqlthes for clT1r1j with the reqrnts of the Corrpanies Act 2006 with respeca to ac4x)untmg records and the weparation of fvw)cial stmenls. The membèrs have not required ts 0)mpY to Obt wJ(lil of its finatKial state1M ts the year in question in acoydance section 476. Thèse financial stslements have been kyyred in ardtt Wbth the appItsb to companw $uti"ect to the Small mpartieS regirr*. 17.12, MrPH Company registrabon number LYJ088S83 {EnglaTrJ Iwesl
YMCA WHITE ROSE BALANCE SHEEf (CONTINUED) ASAT31 MARCH 2024 Critical a¢¢ounting estimales •nd judg¢m•nts In the apIcall of Ch]S acntIng pokies. th& trustees arn to m¥ke judgements. eslimates and assumpts'ons about the canying anrrt of ass•ts and liakn.lrts that are not readily apparent from other Sour$. The e8tiTnates and assooated assLwnptw a based on histwKal exwienc and thr farAors that are o)nsitJered to be thant A¢hAal Ults may dfftrfrom these egbmales. estimates are recoJnised in the period in whith the esb.mate is revised where th8 rev¢sion affects onty that period, or in the 0d of the rewsKJn ¥rnl future wiod5 kne the reNi>on affecls both current and future periods. A¢¢ounllng Wl¢le8 Ch•rity Infomiation YMCA Vthrte Rose 1$ a pnv•te ctsnpany Iwyrted by guarantee in Ewd and IAtsles. The iSteO offiL is My Place, Stknns Road. Rovwtsm. South Y¢kth"re, S65 1PH. 2.1 Accounting ¢onvertion The finaroal ststerrnts have been prepa in accordar wth the chartys goveming dooJm"ent, the Comparries Aei 2tJ6, FRS 102 Yhe Financial RepDth"ng Stsndard applicat the UK and Rèpublic of Ireland" and the Charities SORP 'Accounts"Th3 and ReFkn"n9 by Chaiities". str1ent of RecommeThJed Praci¢e awlipable to thaniKs sxeparing ts"r uJunts in ao>)rOw with the Finanoa5 ReFJting Stsndard applicable in the UK Reb"¢ of (FRS 102).. Tl thanty 1$ a Public 8en¢fft Entrty as defin by FRS 102. The tharity has taken advge of the FthrySiWSS Wi the SORP for dwthes not to wepare a sLitement of cash flows. The finanaal slatements we prepared in stwlKvJ. Thtsc 15 the fvThaJnal wffenGy of the charity. Monetsry amounts in these finanraal ststements are rw)ded to the nearest £ Tts firwifiJ state1 ha4 been prepared the ho[l¢al r•st C4Jn¥wkn. rrdified to indude the revaluation of listed investrnents and at fair Val. The piinclpal aco)Lmling politses adopted are set 1 telN. The finanrial statements crntan Infolmati atrxjul YMCA VlIe Rose a5 an irKli¥idual tharity and do not cntain consolidated finawKial inforrnthrt as the parent of a grcay. The ¢haiity has laken the option under Sectton 398 ofthe ComparMe5ALt r)t to pyepwe c•daj finath? statern as a small group. 2.2 Going COnM At the bmè of apprOrj the finan¢Tral slatements. the INstee$ have a aSonable expedab.on that the has adequate resoLrn to eothue in oper¥b"r)nal exsstence for tre foreseeable future. Thu5 trustees continue to adcfrt the g)iTrJ ttfflcem basi$ 0falxyjtsftg in weparwwj the fironcaal sLnMIs. 13 Chorllablo funds obj8L¥es. Restricted fvnds are sutyert to speofic by donws or grantots as to how they be used. The purposes and uses of the restncted funds are set (yjt in the notes to the fir1 staternents. charity.
YMCA WHITE ROSE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ounting Wi¢• {ConlSnwd 2.4 Ineem• Income is recognised when tt ¢arity is legalty entitled to it after any perfMancE coThthiion5 have been thg amounts can be measured reliabty. WKI it is prrknable that Ir 11 be rei¥¢d. Cash donab.ons are recognised on recpt. Other donaticffls are recognised once the thartty has been nob"fi•d thè donation. utess performance ca[OnS require deferral of thè anNyJrt Incom8 tax recoverable in relation to donalK rtt&ved under GfftAJd or deeds of covenrt is rewrllstd at the tim• ofthe donation. Legacies are recogrmsed on recwt or 01hep rf the drity has been ncknfied ol impen(Ang distribution. amount is knovm. aThl receipl is expèded. If ts nI is ncé krth4n. ts Wcy 1$ treated as a contiwnt a$seL Assets for distribulKn are re(wised onty when (listn'buted. Assets given for use by the charrty are rer•)gnised vthen receNatAe. Stocks of uThJistribLrted th)nated go&ts a valued for balar $heet wrposes. Revenue grants are rledited as incuning resources ¥&tn they are rN8d. txovmled conditions for receipt have been comF4i8d ith. LeSS Ihey rdate to a speofic fire pgnod case th8y are deferred. 2.5 Expendilur• Liabilib'e$ are recognised as expendrture a$ soon a5 Ihwe is a 149al or 0)rtrUc¥e cligJb"on mMitt1ng the d)arity lo that expendbture., rt is wobat4e that a transfer of et¥)Mmic benefits wll be wuired in sewement a)d Ihe amcKml of the obligation can be rrasured reliabty. ExpertdrtU is accounted for on an ¥etruals basis )d has been das5nled under head95 that agye9ate all cost rdated to ts category. INhere w5ts cannot be Tectly attn'butejj to partiuJl¥ I1r, they have been alocated to on a basts consistent wrfh the Use of resource 2.6 Tan9ibl• fixed ass•ts Tangitjle fixed a38ets are irmlially ffeasured at ca)st 5ubseryrfy measured at ujst or valualion. net of deprecAation and any iryairrrrt losses. Oeprecaaticffi is recognised so a5 t9 WTite off the cost or valLthn of assets less thr residual values over their useful lives on the f(4lowing bayes.. Freehd LWKI and LxJildry$ Fixtures and Computers 25% per annwn on cost 25% On ¢))st The gatn or loss arising on the disS of an asset i8 deterrnln as Ihe dIffe[er befvmen the sale proceds and the Carrying v4ue of the asset. and is ffeo)gnised in the slatement offmancial a(#ivibe$. 2.7 Fix•d asset inv•slm•nts Fixed aet investsnents are i1mlia e3red at transacaicffi exdLidry transxon costs, and we subsequentty Measu * laif value at eath rekxxting date. Changes in f•"r v•lue are reo)gni$ed in r1 incomel(experhiure) fur the year. Transa¢lwb c4)sts ¥e xpertsed as in[re. 2.8 Impalmi•nt of fixed assets Al eath k>th"n9 end de, Ihe chanty fthtyeK the c1rj anwjunts of its tsngth assets to tstemlne ether there is any ind31 that Ihose assets have suffered an impwrment h)ss. If any 5uth ir1c311on loss Irf any).
YMCA WHITE ROSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ounting poli¢l•s (Continued) 2.9 Ca$h and cash •qalents Cash and cash eqwvalents Indje cash in hand, depo%ts at call ba5. other short-lemi liquid wiihin borrwngs in eJJrrent liatjih'ties. 2.10 Financial instrumonts The ¢harity has ele¢ted lo ¥Wy the prw"wn$ of SeLIKm 11 'Basic Finarna¥l Instruments, Secaion 12 'Other Irrstwments Issues, of FRS 102 to all of ils fThTrial inslwrnents. Financial instrurrnts are fecognised in the batanca sheet the ty beoJne$ paty to the contractual provisions of the instrume Financial assets •J li•bihb"es ae offset. with the rt Pfeserted in Ihe ffinawal stalements, wn the is a legally enlor¢eabk ngm to set off the rec¢gnised ants and there 1$ an intentb)n to settle on a net basis orto realise the asset and setue the liablrty $rn. Basic fftjanclal assets 8asi¢ financAal assets. irdude debltys and Lxsh armj bank baLinces. We inib.alty measured at transadion price induding trwsadion costs and are subsequenty carried at arrwylised cost using the effective Inte$¢ method unless the aThwement ¢ffistrtLrtes a financiry Iransadw, where the transaction is measured at the wesent of the ftrture receipts disccxwth at a market Tate of interest. Financial assets Baslc finan¢ial liabilifyas Basic finanoa liabilities, incJdirJ ueditOT3 aThJ bank loans are initially rec4Jgnised at transaclion price unless the ang8ftnt constitLrtes a financirwJ trarbSad1. TAther• the debt instnThnt is measured at the prèsent value of the future payments disc4Junted at a market r of interest. Financtal liabilities dassified as payabl• wtthin cfie yèar arè not amor11s. Debt instnsments are subsequentty carried ai aM098d cosL using the effective Interest rate Met1¥1. Trade tyedrttys a obligalior to pay for gocrfb rx that have be acwired fft th? tyth.nary of owrions from $WlerS. Amounts payaW are dassified as lÉ#bililies rf payment 1$ due within one year of less. If not. they are prèsènted as IIti"4$. Trnde treditors a rÈo)gnised initially at Financial liabiliti.es are derecognised when the (•'s CnIr1 obligatx$ expire or ¥e dischar9ed or cancelled. 111 Employeg benefits The o)st of any unu8eO hd#Yay w7bufit is recwiiged vi tr wiod in whith the wbyee's are f1Ved. Temiinatit)n bgnefits are rec4>gnised immw*atdy as an wense when the tharity is denThinstrably c¢nJnitted
YMCA WHITE ROSE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting polici
(Continu8d)
2.12 R•tirnm•n¢ b•n•fits
Payments to defined c(fftlritJulion retretht tenefft sckn ae dmrged as an expense as they tsll due.
YMCA White Rose p•ttipated in a pensi defined rA&i for empbjyees of YMCA'S in
Ewland, ScotlarKI and lAfias. vthith dosed lo new rnnber5 a¢1815 on 30 April 2007. The F4an's
actuary has advised that Tt 15 rh)t F)5slJe to separately identrfy the assds and liabtltties relating to YMCA
As des¢ribed in the ncles to Ihg artarts. YMCA Whmte Rthe has a c£¥ts¢knl oblgation to make nsion
defiul paymerts of £18,250 pef annum over the F0d to A"1 2027 12023 .. £27,325 per annum lo April
2029). a¢eordingly Ihi$ 1$ $l)wn as a liabilty in these aclUnts. In a¢bj. YMCA Rose is required to
contribLrte £5,817 Fer amum to the operaling expense5 of the pensM)n plan arKI these o)sts are cwed to
the statement of financaa acbvibes as m•Je.
Inc
YMCA WHITE ROSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Dmatlons and 18ga¢i Total Re8tri¢Xed funds 2023 37.233 (Xher Sncome funds 2024 fund5 2023 oitw Ine)) 4.292 2,975 11
YMCA WHITE ROSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expwdilure on charltable acti¥ltl¢s Chvltabl• Char•lable expondiiuro gxpenditur• 2024 2023 Dlrnct costs Staff costs 22,020 59,287 18.604 519 6.988 18.709 59,287 16.020 21.138 6.460 Rent rates & wal8r Light & heat Insuran Transport & travel Telepho Repairs maintenarte & sec¥rity Trnin9 costs Printing poslage & statiwy 2,201 7.059 2,086 20,$45 193 1.054 1.186 162 676 17.475 712 (780) sur txp¢ns¢s Bank charges & interest Other cawitable e¥pendilu 456 10.343 127.805 164.991 Share of$upirt and gOV•rn ¢osts nrt• 10) Support 375 21,297 22.380 149,477 198.837 AD•lytyis by fiwM1 Unrestricted frjnds Restiicted funlts 90,190 59,287 100.456 98.381 149.477 198.837 Net mo¥emwrt In fvnds 2024 2023 The net rnov¢ment in fiJnds bs Statad atr ¢trorgiryl1rxedrg)'. Fees payable for the indepwident exanl ofthe fman> statements Oeprec4ation ofo*ned tsngble fixed assets 2.945 59.287 4.172 59.287 12-
YMCA WHITE ROSE NOTES TO THE FINANCIAL STATEMEKrs IcoKriNUED) FOR THE YEAR ENDED 31 MARCH 2024 10 Support ¢osts all(Kat8d to •clivitl8s 2024 2023 anagment se(vices (xjsts Govemance c4xts 375 21.297 11,466 22.380 21,672 33.846 Analys•d Chanlable a¢b¥rfies 21.672 33.846 11 Thi$t•gs None of the tsu$le•$ (ty any pwsLTh (%r(led ¥th them) [Ved any remuneralion or benefits from the charity during thè ye•r. 12 Employees The average nkn)nthty nwnb8rof enwyees dLWitvJ the ywwas: 2023 Number Number Employm•nt Costs 2024 2023 Wago$ and sakn&s Other pénsion (y)sts 21.570 450 18.317 392 22.020 18.709 13-
YMCA WHITE ROSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 13 G¥ins and losses on I¢1M fund¥ 2024 nds 2023 G•in81(lossesl aiigng .. Revaluation of inve5trw Sate of investrwits 4.632 (38) 13,4381 197 4.594 {3,241) 14 TaxalioTh The charity is exempt ta¥atKffj its adi¥ilw because a# its ir¥>)me rs applied for cknrit>le purposts. 15 Tangiblo fixod assots and bulldknqs At 1 April 2023 2.964.348 9.582 12.617 2.986.547 Ai 31 Marth 2024 2.964.348 9.582 12.617 2.986.547 Deprn¢i•tion and impairnnt At 1 April 2023 Dewets'ation charged in the year 711.444 59.287 12.617 733.643 59,287 At 31 Marth 2024 no.731 9.582 12.817 792,930 Carrying amount At 31 Marth 2024 2.193.617 2,193,617 Ai 31 Marth 2023 2252. 2,252,W yCAlte Rose has been given 3 40 year ltrase, free of Char by Rothertrrdm MBC. The burfdirvd ha5 been in¢Wed at st aThJ the trustees consider this to be 8pprc¥pn" gNèn the expècted use of the builthng for ¢)ngoing communty use. are restricive COnants on Ihe protety whith affect valuat*)n. No irnpairment has been made as the Maet Vall is to dètermine given bts ¢)Jwent use. 14-
YMCA WHITE ROSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Flxed ay¥et inv8skn¢nts Cash in Total Costor valuat•on At 1 April 2Q23 Addit$ Valuation changes Llisp)sals 51.122 3,718 4.594 (4.352) 813 51.935 3.858 4.594 {4.352) At 31 Marth 2024 56.035 Al 31 2024 953 56,035 At 31 2023 51,122 813 51.935 Flxed a$8•t In¥e¥lm¢nts rnvalu List8d imiestmwits are stated at market walue at the BaLwce Sheet date a5 deternined by Brthvbn tknlphin Stockbrokefs by reference to stock market wtts. The histiyic o)st of listed investrnents was £53.13912023 ." £54.074). 17 08btoffs 2024 2023 Amounts f¥lling wrthin one ye*r. Trade detrtor5 otlwr debtors 42,999 16.077 7,622 15,024 66.698 15.024 18 Crnditors: amounts falllry du• wllhin on• 2024 2023 Other taxation and swal swity Trade ¢yedrtors Ar£nS and defeThed income 728 10,783 31.225 926 11,223 88,664 42,736 100,813 15-
YMCA WHITE ROSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Fix•d ass•t inv•slm•nts Cash in portfolio Totsl Cost or valuatlon At I ri1 2023 Athltions WalUati changes DiSpoSS 51.122 3,718 4.594 (4.352} 813 140 51.935 3.858 4,594 14,3521 At 31 Marth 2024 953 56,035 Carrylng amount At 31 Marth 2024 55,082 953 5e,035 At 31 Marth 2023 51.122 813 51.935 Fixed investsnonts Trv•lu•d Listed investments are ststed at mathet Val at the Balae Sheet date as determined by Brewin Dolphtn Sto¢kbrokers by refererte to stoc maet tils ¢osi of listed Investrnts w8$ £53.139 {2023 . £54.0741. 17 D•btovs 2024 2023 Afflounts falling due Tjvithin one yr Trade debtors otheT debtOT5 PPaYMents and 8c£wed inLX)n 42,999 16.077 7.622 15.024 66.698 1 5.024 18 Cffdltors: amounts falllTrJ du• 4th1n ¢)ne ar 2024 2023 Other LiXat ar social swÉty Trade creditors Accruals ar deferred inaNne 728 10.783 31,225 926 11.223 88,664 42.736 100,813 15-
YMCA WHITE ROSE NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 IAARCH 2024 19 Provislons for Ilabmitles 2024 2023 Retirement bfft olgaticS 53,571 110.943 53.571 110,943 20 Rostri¢tsd lunds Thè restricted fund$ of the tharity o)rrryise the urwwwjed balae$ of dLThtions and grants held on trust $ubjeet to speafic condrtions by dorws as to htr4 they may bt used. AllAl IncomlThg Resourus At 31 Mar¢h 2023 rnsourc•s •xp•nd•d 2024 My Place Sargenl DI thnation 2252.904 37.233 (59.287) 2.193,617 37.233 2.290.137 159.287) 2.230,850 Previous year: At 1 Awil Incoming 2022 r•sources Resources At 31 March expgnd•d 2023 My Place Childn in Need SuNlry small 9rants CoronawrLSS Community S4W(rt fvnd Smiles4Miles S¥Agent DI dcMMIi 2.312.191 25.075 970 47 13.(1 ($9.287} {25.0751 19701 1471 (13.0021 2,252.904 37.233 37.233 2.351.285 37.233 (98,3811 2.290.137 IAY Pla¢•- prowdirg a bLllldirvJ fty the yow)g kw)le of Rothetham. Childw•n In N••d . fiJndirwJ the l 8ekng for dNhJren and yOLm9 people. ChildreD & Youn9 Poople Fund- Coyid SUFWI Youth Covid 19 support fund - Cowd surrfjort. Sargent DI l)onat•on . A Donation fmm an indimdual for ftrture lfyffiite Rose YMCA devekpments. 16-
YMCA WHITE ROSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 21 Unrestrictad fvndg Tr unrestriced funds of the chaiity conw8e the Unexp¥ bala$ ofIatrOn$ KI grants wlich are not subj'ect to specific condithMs by donors and grant0 as to Ihey may be used. These indude designated f[S which have been set asde of unr8slrKaed funds by the tmstees for speofic PUFposes. At 1 ApTII Incoming Rejouros Trdnslws G•kn$ and At 31 March 2023 lor¢¢¥ expend¢d 2024 General funds (5731 116.305 (90.190) 34,732 60.274 Pre¥iq>us year: At 1 Aprfl Incoming Resourc•s TrdnBf•rs GalThs and At 31 Mah 2023 G8fteral fvnds 35,146 82.717 {1.456) (17.9801 (573) 22 Retirnment bfrnefft schome# Defined conlributlon sch•m•s The tharity operates a defined pension SC* for all qualifying eees. The a$8ets of the scheme are held separatdy from those of the in an independenty adrrlnistered fijnd. The charge to profft or in rew oldned cmbibubon sthemes was £450 ¢2023. £392). 17-
YMCA WHITE ROSE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 (Continued) Defined bentrfit $ch•m•8 YMCA Whrte Rose partitspated in a o)ntr"twtory pen5Km plan provh'ng defined beneffts based on final pensionable pay for ernpkjyees ofYMCA'3 in EnglarJ. So)land wa$. The assets ofthe YMCA Pension Plan are held separatdy from those of YMCA hite Rose at the year etN1 tlwe We invested in the Mercer In3Th¢ Devrisking soln. 65% matchry •)d 35% in 9r¢wth p0110 S¢hrtrJer {property units (lY). The rnost recent comted three year vakjali was as at 1 May 2023. The assLwnptions used 7•thith have the most significxnt effecl cyt the resulls of ts valuation are those relating to the assumed rates of retum on assets 4.56%. Ihe increase in pengons in payment of 3.18% (for RPI pped at 5% FW annum), aThJ the average life expedancy from normal retirement age lof65} lor a current male pen$ioner of 21.5 years. female 24.0 years, and 23.1 years for mae pensi[s. fema 25.7 years. rets.ring in 20 years time. The resurt of the valuab.on slthved that the value of the asseis were £103.1m. represented 92% of the benefft5 Ihat had acts1 to rrnbgTs. The Penyon Plan was dosed to merré)ers and frJture swvice acCnl wrth effe¢t from 30 April 2007, WI. the removal of the salary nkage for beneffts all empw deferred members becaff deferred members a$ from 1 May2011. The valuab.on wep•red as at 1 May 2023 that the YMCA Pension Plan had a defiat of £9.1 rnillpJn. YMCA Whrte Rosè has been ath.sed that rt will need to make m(Yrthty conthLAJb"on5 of £2.OCfj from 1 May 2024. which indvde5 £485 as a Cthn"bUlrt to plan expenses and are tharged to the Statement of FinanrAal Activities as made. This a)Unt is bawj the current xtuarial assLrytions las cyjtlined above) and may vary in the fulLe as a reSt of xtual erftm of the Pensim Plan. The rrent reWY period 1$ 3 y•ars commenciryJ l May 2024. In athjitiw. YMCA tille Rose hwe over tirne in tr evert of thè nOpaYment by otr¢er rtipatlng YIACAS of their share of the YMCA Ptiisim Ptsrf5 defA>L 11 is rt possible rntlY lo quantify the potsnb.al arrounl that YMCA Ihhite Rose may be Gilled UFrf)n lo pay in the future. The totsl oblation ha5 been disc¢untsd ot a rale of S.3% (2023 '. 3%). The tow liatmlty 1$ dL* as follo:. 2024 2023 Repayable wilhin one year 1-2years 2-5years Afier 5 yea 18.249 17,331 16.471 1.520 18.445 18.445 55,338 18,715 53.571 110,943 18-
YMCA WHITE ROSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUEO) FOR THE YEAR ENDED 31 MARCH 2024 Total 2024 Total 2023 2024 2024 Fund balan¢e$ al 31 Marth 2024 are f¢psented by.. Tangible assets Investrnenls CuTrwrt assetsllliatxlrties) Prowsionwd pensiDns 2.193.617 2.193,617 2,252,904 56,035 51,935 95.043 95,668 {53,571) (110,943) S6.035 57.810 153.571) 37233 60.274 2.230.850 2.291,124 2.289.564 Related party traneti1)n8 The were no ddoSale relthl party durir4 year {2023. Ine1. Operating l•as• commllm•nts At the reporting end date the tharty h•J outsting c1)mft lor firture minMn4wn lease payments under non.¢anceUable ryeralwig leases. fau due as fdltrs". 2023 9*en two arKI five yew¥ In over five years The charity occupies St Bamabas Churth Hall. Rolherham under a 42 yw lease 2007 and the My Plae£ Bull1n9 a 40 year lease from 2012 at peFWCY)m rents. 19-