YMCA WHITE ROSE ANNUAL REPORT ANO UNAUDrtED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Company Registration No. 088583 (England and Wales) Charlty R¢glstratlon No. 243410 Iiwn -AEG28ZDS' 25111r2025 COMPANIES FIOUSE A14 *121
YMCAWHITE ROSE LEGAL AND ADMINISTRATIVE INFORMATION Trnst•os MrJCAbel Mrs J L Hough MrPHwh Mrs J E Jones Mr5 E Mussett Revd Canon P J Batchftyd MrT A Cauthom {Appointed 28 January 2025) Charlty number 243410 Company number Reglsternd office kfy Place StAnns Road Rotherham SoLrth S65 1PH Indopondont ¢xamln¢r Chamlxon Acc*)untants LLP Unit 2 Olympi¢ Crt Whitehills 8u5inss Pa LarshIr0 FY4 5GU
YMCA WHITE ROSE CONTENTS Page Trustees. report Independent exaThMnerfs report statement of financaal activrt Balance sheel Notss lo the finanoal statements 7-18
YMCA WHITE ROSE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORn FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual rgport and financi Statements for the year ended 31 March 2025. The financial statements have been Ppared in acwdano with the acc4)untirNJ policies Sel out in note 2 to the finanaal stslements arKI comply the charitys goveming document. the Companie$ kn12006. FRS 102 'The Financial Reportbng SLirKlard applicable in the UK arKI Republic of IreLan antj the Charities SORP "Accounting and Reporb'ng by Charities: Statement of Recommended Praclice applicable to charities preparing their accounts in accordan¢e with the Financsal Repoibng StNJwd applicabk in Ihe UK and Repu$¢ of Irdand IFRS 102}". Obje¢tlvos and a¢tiville$ YMCA While Rose is part of a w0dnde Christian based movement thjr rx)mmitThnI is towards investing our skills and resources in the INes of young peOe so that can beknng, ctsntribute and thrive. Our aim is to enable young people and other Membe of local comrnunths to atheve their full physical. soual. cultural and spiritual potential. We wJrk with dl youw p8Oe regardl of gerthr, failh. ethrwth. ability and sexuallty. We aim to transfoffli people's li¥gs by providmw opwrtunibes for inspirath)n. dwllenge and develo[nt YMCA While Rose supports and develops iTNIdUal$, with a focus on youry poople. By fulfiltsng this vision we Can than9e and enhan live$. YMCA White Rose woths to enable young people to grow to their full ential by providing a suppcrftive ar inclusive community through its various programmes and seryices. The ethos of YMCA Vlhite Rose 1$ based on Tts acoptsnce of the Pa Basis whth requi5 the YMCA to promote.. l. A woddwide association based on the equal walue irf all persons. 11. Respect and freedom fof all. acceptance and undetstanding be08n [*0e of drferent opinions. 111. Aclive cOrM f the needs of the community. The tnjstees have paid due regard to gumjance issued by ts Charity Commission thiding what activities the charity should undertake.
YMCA WHITE ROSE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT> (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achl•vemonts and p•rfornianc• The challenges of both the posl-parKlemic fjrld and economic dimate to impact on the Charity and in P8rtKular the eMplOent market which has limited our capacity to grow ServiS. We continue to manage risk to ensure that we ar8 e(yJnomicalty viable aIcKside debrlering a small ar¥J IMpacth programme of work fwss&J on our local tsjrnmunity and resFJidirYJ to need. Youth and C¢)mmynity Pn>gramm•s We have been able lo continue to build upon our yKJ4rth delNery year with the appointhient of a part time youth wother. Th8y have delivered healthy eatrng workshops in kncal groups, inclutling with th8 local Cubs and Scouts Grwps. KIMbeNrth Park Community Partrwship (Chiett Centrel and a local youth group run by Whiston ParKsh Council. Al the same time. we have been buildiry relationships wrth local schcds and other partners through the Youth Children's and Families Consortium faalitated through Vc4unlary Action Rolherham. We have worked th 53 uniqu8 young p&We during this ar. Alongside our work with Children and Young People, we have also been able to support families and the wider cijrnmunity through providing Fud Bank Vouchern. prowded by the Fuel Bank Foundations. for those struggliNJ to pay Ihgir gas and electric bills. During the year. we have pn)vkJed 46 vou¢hers worth £4,036 through relalionships we have formed wilh bcal peopk. We are pleasèd to be sharing office spac8 al St John's Church with Iheir Cornerstone Proitict Stsff. including their Youth. Chiklren's and Families Worker. This relationship wll enable us to provide more provision lor lo Children, Young People and Families in the local area over the course of the next financial year arKI beyond. YMCA Klmbarworth Park Charlty Shop tradiNJ and donatio have remaird posth8 (lespite the Trnnt economic climate arKI have OLrtperformed targets. The shop is well supported by a team of dedicated voluntee and thiough thjnations of stod( for resale. Our Charity shop is well e5tsblished in the local area and continues lo meet local needs in the ts)mmunity, meeting needs through providing affordable Clothing and trK)mewares whilst promoting sustainabilty and recyding. Through our work in KimbeNorth Park over 57 households rKeived carbon monoxide, priority seNi¢es register, enargy safety and effi¢i8ncy and irK¥Jme maximisation related advi¢e as a resum of the Cadent Sem and Well Communities programme. Thi5 was fvrther supported by th8 Fuel Bank Vouchers whtch were distributed thrOh dropin SesSnS held in the Charity Shop. YMCA 8ulldings Over the past couple of years the Board implemerrted a strategy to add$5 the re(luwl need for our buildings. This has resutsd in both the St Bamabas and My0¢8 Centres being let out to Rothartrn OpFQrtunitig$ College who help young peo¢ aged 1&25 wlh Specral EdLUtional Need5 and Oisabilities (SEND) to realise their full potential a5 they prepare for lrfe beyorMI the da$sM. The Myplac Centre remains available to thè YMCA during evenings, weekerKls and hIdaYS for Youth pwoviston. The Sl Bamabas Centre was vaL3led in March 2025, and bringing th8 site back into vjmmunty use VAII bg a k8y action chanty for the ngxt financial ygar. Plans fgr thg futur• This year we have latd the foundaliots for our new strategy putlN)g children. yourvj pèorAe al families at the heart ol our thinking. ChJr f¢)UT slrategt priorities affj.. PEOPLE.. Our team are at the heart of whal do, we wll invest in mthng YMCA While Rose an employer of Choi within the local communiiies we serve. BUSINESS RESILIENCE: To develop a financially robust org¥Fisation that has effective and efficient pri>cesses to support high qualty ddivery. QUALITY AND IIJPACT: Focus on reignitirb3 delivery of work young people in arga$ connected to YMCAassets and better develop and communute YMCA'S impact wrthin our local communilies. SUPPORT AND INFFIASTRUCTURE.. Ensure that the YMCA has tho right suppNt systems and infrastructure in place to aid delivery of our (rrent and frjture Addilional staff resource has been employed th1oLh Ihe ueation of a Youth and Community Worker wsl which will support the delivery of our strategic aims. Due to th8 work that has been tsken forw8rd lo secure our asset base to aid with future sustsinability along with the continued positive perfomianc8 of the chaiity retail shop and wf(h its finarrial re5er¥es. it is the Boards belief that the Charity rema a going concem.
YMCAWHITE ROSE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Financlal revl•w Tho results for the year show an ¢)verall $urplu5 on athiti8$ b8ft)r8 ponswb schome adjustrnonts amounting lo £13.299 12024 . deficil £28.5781. This o)mprises a sUlUS of £60.314 on unrestri¢ted funds and a dert of £47.015 reStrled fvnds. being due to depreriatKJn c*arged on buildings thal were grant fvnded in prior yea. Totsl fvnds al 31 March 2025 amounted to a surplu$ of £112,868 on unrestrtcled, and a surplus of £2.183,835 on roslricted funds. The suwus on unrestricted fvnds indLKl8s a pension s¢heme adjustment of £7.720. It is tha wllcy of the cha1Y thal Unrestr fvnds ¥thi¢h have r1 been (knignaled for a spèufic use should be maintained at a level equant to btheen three months salary. The trustees consxjer that reseNes al this level will ensure that. in the event of a significant drop in funding. they wll be ae to continue the charivs current activitie5 while consideration is given to ways in which addrtional funds may be raised. This thl of reserves has been maintained throughout the year. The trusteos have assessod Ihe major iisks lo the tharity k8 exp)sed, aro lISfied that Syste are in pla¢8 to mitigate eXFKtsure to the risks. sInturni governan and manag0n1 The charity is a company limited by guarantee. The company was estsuished urvjer a Memorandum of Assoaalion which established the objects and powers of the dwritable company and is govemed under its Arbdes 0fAssociali. In the event of the company beiry wound up, membeT5 are required lo contributo an amount not exceading £1. The trustees. who are also the directo fer Ihe puw of ccryany kaw. and V•tho dLwing Ihe yèar and up to the dale of Signatu of the ffinanrA81 ststements wera: MrJCAbel Mrs J L Hough Mr P ¢gh Mfs J E Jones Mr8 E Mussett Ravd Canon P J Balchford MrT Acauthom {Appoinled 28 January 2025) Any new tNstees are indu¢Xed into the oryanisabon's consblutK)n arKI details of its business plan and annual acc¢JJnts. The charity has a service level agreement Fy4de CoastYNl0 provide Central Support services, and with YMCA Bradld to provide SenK)r Managemenl ser4ices. rt was approved by the Board cl TTUStg9s. MrPH ugh Trustee Dated.. ... OCJfJ bef ao as
YMCAWHITE ROSE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YMCAWHITE ROSE I report to the Irustges on my examinati of the fThncAal slatements of YMCA Vlhite Rose Ilhe charity} for the year ended 31 March 2025. Responsibilities and basis of report As the trustees of the charity {and also its dKe(acrfs for the wOSe$ of tXmP8ny law), you are responsible for the preparntion of the finanoal slatements in aLtsr(la8 with the requirements of the CompaniesAct 2006. Having satisfwl mysew that the ffinarKial statements of the charity are not rgquired to bg audited under Part 16 of the Compani8$ Act 20( and are 8lwJiblo for independent e*xaminalion. I report in resped of my examination of the Charity's finanaal statements carried out under se¢tYJn 145 of th? Charitie$Acl 2011. In carying oul my examination I have followed the Directions given by the Charity CommiSsn urKler sectk)n 1445Kb} (rf the Charities Act 2011. Independent examlnerfs statement I have cometed my examinat. I confim that no mattw5 have Ca)me to my attention in Connection with the examination giving me cause lo belwe that in any material respecl: accounting records wer9 not kept in respect of lh8 tharity as required by Secn 386 of thg Companies A 2006. the financial statements do not accord with those records.. or th8 firnCial statements do not comply with th8 accounting rewirements of Secti¢ 396 of the Companies Act 2006 other than any requ1Ment that the finanaal statements gr¥8 a tft arKI fr yw. which is not a matter conSided as part of an independent examination.. or thg financial statements have not been prepared in acoydance with molhods and prinoples of thg Statement of Recommended Practu for aco)unling and rerting by ca)arith?s applicable to charities preparing their finanaal statements in attordance with the Financial Reporting Standard applicable in the UK and Republic of IreIar IFRS 102). I have no COnmS and ha (>)me acxoss other mattets in )nrthn V•ith the examination to whith attention should be drawn in thK8 ffjport in ordw to enae a pffjpw understsrmjing of the finCial stalenwts to be reathed. Champlon A¢countant8 LLP Unrf(2 Olympic Court Whitghills Business Pa Blackpool Lancashire FY4 SGU ?..4.. hjoy..eAW 20 25
YMCA WHITE ROSE STATEMENT OF FINANCIAL ACTMTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Tolal UnstrIcted Restricl•d funds funds 2024 2024 Total funds 2025 fund$ 2025 2025 2024 Incomg and Ond0¢nts from: Charitable activiknes Other trading actNilies Investments Other income 18.4( 30.958 79,654 1.401 4,292 30,958 79.654 1.401 4,292 1,281 3,789 1.281 3.789 Totsl Incom• 120.069 18,406 138.475 116.305 116,305 Charitable activ¢$ 59.938 65.421 125,359 90,190 59.287 149,477 Net gains on inveslments 12 183 183 4.594 4,594 Net Incomollexpendlturg) 60.314 (47.015} 13.299 30.709 159.287) {28,578) Other recognised galns and lo$$•s: Actuarial gainslltosses) on defined benefit pension schemes (T.7201 (T,720) 30,138 30.138 Nat movem•nt In funds {47.0151 5.579 60.847 {59.287} 1,560 Reconeillatlon of funds: Fund balances at 1 April 2024 60.274 2,230.850 2.291.124 1573) 2.290.137 2.289,564 Fund balan¢o$ al 31 Mah 2025 112.868 2.183.835 2.296,703 60.274 2.230.850 2,291.124 The sL*ement irf finanoal actsvitw includes all gains and le)sses reciyJnised in the year. All incorre and expenditure derive from continuirvJ actsvilies.
YMCAWHITE ROSE BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Tangible assets Investments 14 15 2.134.766 55,584 2.193.617 56,035 2.190,39) 2.249.652 Current assots Debtors Cash at bank and in h8Tr1 16 46.037 132.228 71,081 178.265 137,779 Crnditors: amounts falllng due wlthln one year 17 134.959) 142.736) Net current assets 143.306 95,043 Total a88•ts less cuThent Ilblllti•s 2.333,656 2.344,695 Definéd benefrt penSn liability (36.953) {53.571) Not assets 2.296.703 2,291.124 The funds of the ¢harlty Restricted income frJrKIs Unrestricted ffiJrKIs 19 20 2,183,835 112.868 2,230,850 60,274 2.296.703 2.291.124 The cxffiipany is entitled to the exemptM)n from the audit requirement o)nlained w) seclicAI 477 of the Compantes A 2006, for the year ended 31 March 2025. The directors acknowwge their responsibilitS for complying with the requirements of the Companies Act 2006 with respect lo accounting records and the preparation of finanaal ststements. The memb6rs have not required the wmpany to Obta an a111 of its finanoal 5Litements for the yèar in question in accordanc with seCtn 476. Th&se financial statements have been prepared in aczordance with the prDVi5ions t0p1ble to mpanIeS Subject tothesm mpani regime. The financia approved by the trustees .. Mr P Hough Truslee Company registratrJn number 08583 {EngLand and Wales)
YMCA WHITE ROSE BALANCE SHEET (CONTINUED) ASAT31 MARCH 2025 Critiul a¢¢ounting estimates al judgements In the applutson of the charitys aco)unling policies, the trustees we required lo make judgements, estimates and assumptKJns about the Carrn9 amunl of assets and Iwtmlrties that are not 8¢y11Y apparent from other sources. The estimates and associated assumptsns are tmsed on hEslorical 8xperience and other factors that are wnsidered to be levant Actual resuKs may differfrom these estimates. The eslimales and underfying assump1KS are revitr on an orvJoiry basis. ReVisn8 to accounting eslimales are recognised in the perioj in which the eslimate is revised where the ViSion affects only thal per¢od, of in the pericJ of the revision and future pertcth where the revisKyn affec1$ bolh current and fvture periods. Accountlng poli¢i•s Charlty Inf¢miation YMCA White Rose is a private company limit8d by guarantee wrated in England and Wales. The registered Offi is kty Place. StAnns R(1. Rothertrn. Swth Yorkshire. S65 1PH. 2.1 A¢¢ounling comiention The financial slatements havo been prepad in accordanc Ihe tharitys governing do¢ument. th8 Compan$ Acl 2006, FRS 102 Tr Financial Reporting Stsndard applicable in the UK and Republic of Ireland" and the charib.es SORP "Accounting and Reporbng by Charities.. Statement of Recommended Practicg applicable lo charibes pparift9 their ac£¢urts in aCrdan wth the Financial Reporting Standard applicablg in thg UK and Republ of Ireland IFRS 102).. charity is a Put1¢ Benefit Entity as defined by FRS 102. The charity has tsken advantage of the provfyons in the SORP for chaiitss not to prepare a statement of cash flows. The fin8naal ststements are prepared in sterfiThJ. which 15 the ftional currency of the chaiity. Monetary amounts in these fin8nctJ statements are rounded to Ihe nearest £. The finar181 statements have b8en prepared under the hislorical cg)st txinvention, modified to include the revaluation of listed investments and certain financial instruments at fair value. The principal accounting policies adopted are sel out belvw. The fjnawaj statements ntain inforrnatn YMCA Vlhite Rose as an inthvKlual charity and do not ntsin consolidated financial infomiation as the parent of a group. The ¢hartty has taken the optK)n under Section 398 of the CompaniesAd 2006 not to preparg consolidated finanual statements as a small group. 22 Going ¢onG•rn At the time of approwng Ihe ffinancial ststements, Ihe tNste8s have a eSOnable expeclation that the charity has a¢Jequate resou5 to ntinue in operational existence for the foreseeable future. Thus th8 trustees oJntirhue to adopt the going concem bask8 of aQuntirV in preparing the financial s1alernen . 2J CharlLibl• funds Unrestricted lunds aR available for use at the dtscyetson of the trustees in furtherance of their charitae obj'ectives. Restricted funds a subject to 5pe¢ffic c)nditions by don0 or grantors as to how they may b8 used. The purwses and uses of the restricted funds are set (yJi in the not•s lo the financial statements. Endowment fur5 are sybject to specffic Cx)nditIry by doncKs that thg pital must be maintained by the charity.
YMCA WHITE ROSE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 A¢countlng palldos (Contlnue 2.4 Income Income is reCgnISed when the tharity is legalty ented to il after any performance corKliti0 have been mgt. the amoun15 can be measured lIatsty. and il 15 PrObae that income will be received. Cash don8tion$ aro reojgnised on receipt. Other donation$ arg reo)gnised once the tharity has beon notified of the donalKJn. unless parfrnnce conditK¥ns require deferral of the amount. Inc>)me tax recovera19 in relation to donations recoN•J uTrJer GiftAid or deeds of covenant 15 r9cognised al the time of Ihe donalion. Legac1 are reo)gni3ed on re¢wpt or otherw•ryse rf tharity has been notrfd of an impending distribuiion, tho amount is known, and re¢oipt i% expethd. If the amLxml is not krthwn. tho legacy is treated as a contingent asset Assets for distribulion a reco3nised when distributed. Asgets grven for use by the charity are recognised wh$n receivable. Stod(s of undistribLrted donated gwds are not V81ued for balance sheet purF)ses. Revenue grants are credited as ino)mKYJ resources tn they arn recewed. provN4ed conditiors for elpt have been complied with. and unless they Trlate lo a sperf fvture period in whrch case they are deferred. 2.5 Expendlture Liabilities are recognised as expenditure as swn as there is a legal or nstrUctive cknligation wmmitbng the charity to that expenditure.. it is probable that a transfer of economi¢ bonoffts will be required in sewoment and the amount of the oblBJation can be nwsured ffjliatAy. Expenditure is accounted for on an accruals basi5 and has been classrfÈd under headings that aggregate all $1 felat8d to the ¢at¢90ry. whe costs cannot be directy attributed to parb¢ular headings. they have been alkxaied to aclivihes on a basis consrstent with the Use of resourc£s. 2.6 Tangible flxed assots Tangible fixed assets arg initkalty measur8d at LX>St and $ubs8quently measured at cost or valuatKJn, net of (Jepreciation and any unpaimnt tsses. Depreciation is recognised so as to writo off the cost or valualv)n of ats bss their residual values over their useful lives on the following bases.. Frgehold land and tyjildrys Futures and fitlings Computgls 2% per annum on Cost 25% ter annum on cost 25% per annum on cost The gain or loss arising cffl the disposal clan asset is determined as th• drferen belween Ihe sale proceeds arthj the carying value of the asset. and 1$ rec4)gnised in the statement of finant>J actryitiès. 2.7 Fix•d amet n¥trnents Fixed asset investments are initialty measured at transaL*¢)n price exdudirKJ tranSacft costs. and are subsequently m88sured al fair value at each rep)ng dale. Charyes in fair value are recognised in net ¥)¢omellexpendilurel for the year. Trdnsaction costs are expensed as incurred. 2.8 Impalrmont of Ilxed assets Al each reporting end dats. the tharty reviv4•B the corryiry arrnunts of its t¥rKJie assets to dglermine whether the 1$ any indication that those assets have suffered an impainnent loss. If any suth indicatKJn exists. the recoverable amount of th& asset is estimated in order to datennine the extent of the impaimient loss lrfaryl.
YMCAWHITE ROSE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 A¢Gountlng poki (¢gnllnu•dl 2.9 Cash and cash ¢qulval•nts Cash and cash equivalents indude cash in hand, depts held at call with banks, other short-temi liquid inve51ments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in rrent liabilrtw. 2.10 FSnanclal Instruments The charity has elected to apply the proviskM of Secl4?n 11 'Basic Financial Instwmgnts. and Seclion 12 'Other Financial Instruments I$e$. of FRS 102 to all of its ffinancial instruments. Financial instruments are 09nSe¢j in the ctwitrfs balarte sheet when the carity becomes paty to the contractual provisions of the instrument. Financiol assets and liabiliknes are offset. ith the net arftounts presented in the financial statements, when there is a legally errforceable right to set off the recognise¢J offnts and therg is an intentKin to settle on a net basis or to realise the asset and setue the liaknlty simuhaneously. 8•slc financial •ssets Basic finanoal awts, which indude debtors and cash arKJ bank balances, are initially measured at transaction price including transaction rnsts arml arg $ubsequenlly carried al afttised cost using the effgctive interest method unless the arrangement conslitules a financing tran&tion. where the transaction is measured at the wesent value of the future receipts discounted at a market rate of Intet. Financial assets dassified as receivable wrthin one year ao not arTK)rlised. Bask Iln•ncl•lllablli11os Basic financial liabilities. including cred[tO and bank loans are iimtialty rerxignised al transaction prio unless the arrangement conslthjles a finanang transaclion. where the debt instru1rTht is measured at the present value of the future payments discounted at a market rale of interest. Finanual liabilities dassified as payable thin one year a nol amortised. Debt irtwffnts are swuenly carred al amortised $1. using the effective interest ratg melh(yJ. Trade creditors are OlgationS to pay for goojs or services that have been acquired in the ordinary ts)urse of operations frorn suppliefs. Amounts payab are classified as current Ikibilibes rf payment rs due wtthin one year rfi less. If nol. they ar8 presented as rm)n-curt Ik4llibes. Trade endilors ar& reLI)gnised initially at transaclion price antl subsequenuy measured al arrv)rtised o)st using the effective inleresl melh(NJ. Dern¢ognldon of lInala1 IlablllU•s Financial liabilitses a deCognised the ch¥i¥s )ntr1 obltqatKJns expire or are discharged or cancelled. 2.11 Employw benofts The cost of any unused holiday entiuement is reLxJgni88d in the per in which the empknyee's seNc8s are received. TerminatKsn benefts are )gnised immedialety as an expense when th8 chanty is derrt)ristrably commiited to lerminale the employmenl of an 8mpbyee or lo provKle tem)inatw)n benefrts.
YMCA WHITE ROSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 AauntIng pollcles (Continued) 2.12 Retirement benefits Payments to defined o)ntributn retirement berfit scheme5 we charged as an expense as they fall due. YMCA Ipthile Rose pathpated in a multpemployer penswjn defned plan for employeas of YMCA'S in England, Scoifand and Wales. which was clc6fjd to new membws and acuuals on 30 April 2007. The plan's actuary has advised that it not to separatety idenbfy Ihe assets and liabilib.es relating to YMCA As described in the Tr)tes to the acc(ts. YMCA White Rose has a contracknal obligation to make pwtsion deficit payments of £18.250 per annum ¢)ver the peri(J to April 2027 {2024 .. £18,250 per annuml. accordingly this is shown as a Ikgbility in these acu)unts. In adon. YMCA White Rose is required to contribute £5,768 per annum lo the operating expenses of the ponsion plan arwj these ¢ts a charged lo the statemgnt of finanoal a¢tiviti8s as matje. Incorne frllffl ¢harit•bl• activities Tolal Unrestricted R•strlct•d funds funds 2024 2024 Total funds 2025 funds 2025 2025 2024 Perforniance relate(I grants Charilable rental income 18.4CkS 18.406 30.000 1421 31.OlYJ 1421 31.000 18.4 30.958 30.958 Income fram other tradlng activities Unrnstrfcted Unr•strict•d fvnds funds 2025 2024 Shop income 84.999 79,654 InGOrn• from inveslmènts Unr•strl¢t•d Unre$tricted fund$ funds 2025 2024 Income from Ikstsd investments Olhgr income 1.401 375 1.281 1.401 10-
YMCA WHITE ROSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Olhw Incom• Unrestrlcted unltriCted funds funds 2025 2024 Othor incomo 3.789 4.292 Expendlture on Gharitable aGtivitl Charltable Charitable expenditure expendlture 2025 2024 Direct ¢osts Staff costs Depr8ciatson and impainnent Rent rates & wat6r Light & heat 2S,712 59.433 10.609 1414) 22.020 59,287 18.604 519 L ij Insurance Transport & travel Tglephone Repairs mainlenarKe & security Printing postsge & slati¢)nery Project costs Sundry expenses Bank charges & interest IrTecoverable VAT adjustments & ijther expertses 6,241 328 2,691 1.064 1,472 801 6,988 2.201 7,059 712 17801 300 456 10,343 526 113,2341 95.229 127,805 Sharn of support and 9overnan¢e costs (s•• not• 10) Support 375 21,297 30.130 125,359 149.477 Analysls by fvnd Unrestricted fvnds Restricted funds 59,938 65.421 9).190 59.287 125,359 149.477 11
YMCA WHITE ROSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Nèt mov•m•nt In lund8 2025 2024 The net movem8nt in furbts i8 Stated after dwgn91{c¥editwu): Foes Payab for the irKleperKlent examinalion of the charity$ finans¥l statements Depreciation of owned tsngible fLxed assets 5,075 59,433 2,945 59.287 None of Ihe Irustses lor any lS0 connertgd with them) received any r8munerath)n or bonefits from the ch during the year. 10 Support Costs allOted to activiti 2025 2024 Managment services costs Gov8man¢a costs 375 21.297 30.130 30,130 21,672 Analysad b•tween: Charitable actiwlies 30,130 21,672 11 Ernployees The average m¢)nthly number ofemplO duiwwj the year vras". 2025 Numb•r 2024 Nurnber Employment costs 2025 2024 Wages and salaries Other pension costs 25.197 515 21.570 450 25.712 22,020 The wero no employees whose annual remurratKJn was more than £60.(M)O. 12-
YMCA WHITE ROSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Galns ond losses on Invlments Unrnstrlctod Unrnstricted funds funds 2025 2024 GOIn(lOS$e5} arising ¢)n.' Revaluation of investrnents Sale of investments {2,224) 2.407 4,632 1381 183 4,594 13 Taxation The charity is ex8mpt from taXalL on ils actibry because all ils in(>Jrne 15 applied for charitable purpose5. 14 Tanglblo fixed assets Totsl •nd bulldlng Cost At 1 April 2024 2,964,348 9.582 12.617 2.986.547 582 582 At 31 Marth 2025 2.964.348 13,199 2.987.129 Depreciation and imp•irnient At 1 April 2024 Depreciation charg8d in th8 y8ar 770.731 59.287 9.582 12.617 146 792.930 59,433 At 31 March 2025 830.018 9,582 12.763 852,363 Carylng amount At 31 March 2025 2.134.330 2.134.766 At 31 March 2024 2.193.617 2.193.617 YMCA White Rose has beon given a 40 year lease. free of charge by Rotherham MBC. The building has been inclucjed al st and the tsustees cLJnsHJer this to be appropriate gbven the expected use of the building for oryoing community use. There are reStrts¥e covenants on the propety whh will affect market valuation. No impairnent has been made as the market value is drffiajlt to determin given its current use. 13-
YMCA WHITE ROSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2025 13 Flxgd ass•1 Inv•stm¢nts Cash In Total Cost or valuation Al 1 April 2024 Additi¢Ms Valuakn'on changes Disposals 55,082 12.985 183 (13.335) 56.035 12,985 183 113.6191 (284) At 31 March 2025 54.915 669 55.584 Carrying amount At 31 March 2025 54,915 669 55,584 At 31 March 2024 55.082 953 56,035 Fixed ass•t Inv•stm•nts rmlu•d Listed investments a ststed al market value at the Bal9n She81 date as detemined by Brewin Dolphin Stockbrokers by referen to slock market historic cost of listed investrnents ¥was £54.88412024 . £53,139). 16 0•btovs 2025 Amounts falling due withln on• y•ar. Trade debtors Other debtor5 PrepaentS and accThed income 16.953 29,035 49 42.999 16,077 7.622 46.037 66.698 17 Credltorn: amounts falllng due within one ye•r 2025 2024 Other Lixation and social seojrity Payments received on aw)unt Trade cr8dito Other CdItorS AccnJals and deferred rKome 728 10,417 10,783 10,417 8.981 6.831 8.730 20.808 34,959 42.736 14-
YMCAWHITE ROSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 19 Provisions for liabilities 2025 2024 Retirement benefit Ob1KJans 21 36.953 53.571 36,953 53,571 19 Restricted funds The restricbj knds of the Charity Lyjfflprise the Unexpe bala of {kinatnS and grants held on trust subject to Speerf eonditions by donors as to how they may be used. At 1 Aprfl 2024 Inwjmlng resourc•s Resources At 31 March expended 202S My Place YMCA England Sargent DI donation YMCA England Cadent YMCA England Cost of thing 2.193.617 (59,287) {726) 2,134,330 726 37.233 37,233 4.592 7.680 10.Q)O 15.408) 2.230.850 18.406 (65.421) 2.183,835 Pr•viaus year". Al 1 April Inwning Resour¢es At 31 March 2024 My Place Sargent DI dwatic 2.252.904 37.233 (59.287> 2.193,617 37.233 2.290.137 159,2871 2.230,850 y Place- providing a tlIding for the young people of Rotherham. Saryent DI Donation - A Oonation from an individual for fubjre White Rose YMCAdeveloprrnts. YMCA England Cadent . to deliver th8 Cadent Cost of Li"A9 Fund. YMCA England- support for young pe and c47mmunibes with their menlal wellbeing. YMCA England Cost of Li¥ing- Collaborative Cost of Liwng proiecl partnership. 15-
YMCA WHITE ROSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlcted funds The unrestricted lunds ofthe charity 0)mprise the unexperthd baknces of donations and grants whith a rtol subject lo speeific cg)ndition$ by domrs aThJ grantors as to how they may be used. These indude designated funds which have been set a&de out of unrestrictéd funds by the trustees for purposes. Ineomlng Resources Trnn8fers Galns and At 31 M8r¢h 2024 ff¢sourc¢$ expended losses 2025 General funds 60.274 120.C69 {59,938) (7.5371 112.868 Prevlous or. At 1 Aprfl In¢omlng Resouff¢•8 Transfws 2023 rEsour¢es expended Galns and At 31 March losses 2024 Genoral fimds (573) 116.305 190.1WJl 34,732 60,274 21 Retlr•ment neffl sthemos Definod contribullon schames The charity operates a defined cOntribub" pension scheme for all qualtyng employees. The assets of the scheme are held separatsty from those of the charity in an independently administered fund. The charge to profft or loss in respect of deffined r3)ntrbuirAI sc**mes was £51512024- £450). 16-
YMCA WHITE ROSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 21 ReliTrment b•nefft schemes (Conllnu•d) 0ofin•d b•nofft s¢h¢mos YMCA While Rose participated in a contributsy pension plan prowding defined benefrts b8S8d on final pensionable pay for employees of YMCA'S in England. knuand aThJ Wales. The assets of th8 YMCA Pension Plan are held separately from those of YMCA Whit& Rose and al the year end thèse were invested in the Mercer Dynam D&risknng Sdutson, 65% matching and 35% in the growth porttdm) and Schroder Ipropgrty units only). The most recant compteted three year ValUan was as at 1 May 2023. The assurytions usod which have the most signfficant effect on the results of the ValUatn are ItKtse relating lo the assumed rates of retum on as5e15 4.56%. the increase in pen510ns in PanI of 3.18% (for RPI capped al 5% per annum). and the 8verag8 lrfe expectancy from nomwl relifement age {of 651 for a Trent male penSior of 21.5 years. female 24.0 years, and 23.1 yeats for male p8nsKmers, female 25.7 years. rekn.ring in 20 years time. The result of the valuation showed that tho actuarial value of assets were £103.1m. represented 92% of the bengfits that had accrued to members. The Pension an was dosed ta new Membe and fLrture service accnjal with effect from 30 April 2007, With the removal of the salary linkage for benefits all empw deferred members became deferred members as from 1 May2011. The valuation prepared as al 1 May 2023 shod that ts YMCA Ponsion Plan had a defKxI of £9.1 million. YMCA While Rose has been advised that it will need to make monthly contributions of £1.996 from 1 May 2025. which includes £476 as a nI"bUt10n to plan expenses and are charged lo the Statement of Financial ActivitKgs as made. This amunt is based on tho Curnt actuarial assumptK)ns las ouljined oLx)vel and may vary in the fulure as a resuK of a¢¢ual perfornian of the PensK)n Plan. The current recovery perK)d Is 3 years commencing 1 May 2024. In addith?n, YMCA W7bite Rose may have over time liabilities in the eNwt of th8 rK)n-paymenl by other partifipaling YMCAS of their share of the YMCA PensNJn Plan's defirit. 11 is not p)ssible curn11Y lo quantify the potenlral anx)unt that YMCA Whitg Rose may ¢alW upon to pay in ts future. The total obltgation has been discountgd at a rate of 5.3%12024 ".5.3%1. The total IHbilty is due as foll=. 2025 2024 Rèpayable wthin one year 1-2yèars 2-5year5 After 5 years 18.249 17.331 1.373 18,249 17,331 16,471 1,520 36.953 53,571 17_
YMCA WHITE ROSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 22 Anatysis of net assets be1w¢en funds Restsicted fijnds 2024 Total 2025 2025 2025 2024 2024 Fund balances at 31 March 2025 are represented by-. Tarvaible assots Investments Cuent a5setsllliaknlibes} Provisiorsand pensions 436 2.134,330 2.134,766 55.584 55,584 93.801 143.X 2.193,617 2,193,617 56.035 95.043 56.035 57,810 49.505 37.233 (36.953) (36.953) ($3.5711 153.571) 112.868 2.183,835 2.296.703 60.274 2.230.850 2.291,124 23 Related party transactlons Therè were no disdosable related party during the year12024- rn)nel. 24 Operating lease ¢ommilTn•nts At the reporting •nd date the charity had OLtstandnig c¥)mmitments for luluro minimum lease payments under ncffi-¢8ncellae operaling leases, which fall due as follow&: 2025 2024 Bets¥een two and five yea In over fve years The Charity occupigs St Bamabas Church Hall. Rotherham under a 42 year leas8 from 2007 and the My Place Building on a 40 year base from 2012 at pgppero)m rgnts. 18-