Registered Charlty Number. 250983
REPORT OF THE TRusfEES AND UNAUDrrED FINANCIAL ￿ATEmENTs
FOR THE YEAR ENDED 31 MARCH 2024
FOR
YOUNG MEN'S CHRISTIAN ASSOCIATION NEATH BRANCH

YOUNG MEN'S CHRIsfIAN As￿)CIATIoN NEATH BRANCH
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Report of the Trustees
IndepeTrJent Examinerfs Rep)rt
Ststement of Finanrial Acbvlbes
Balan￿ Sheet
Notes to the ￿nanCIal statements
7-12
Detailed Ststement of Flnancial Actvittes
L3

YOUNG MEN'S CHRISW ASSOCIATION NEATH BRANCH
REPORT OF THE TRiisfEES
FOR THE YEAR ENDED 31 MARCH 2024
The tru5* present thelr rewrt wlth the financial statements of charfty for the year ended 31 March 2024.
The trustees have a(h¥ted the provisions of the Charl￿5 SORP (FRS 102) Accountlng and ReportlTrJ by
Charities, Ststement of Rec(xnmended pract1￿ applTrble to charities preparing their accounts in a￿ordan￿ wlth
the Flnanclal Re4)orting Standard applicable in the UK a￿( Repu￿￿ of Ireland (FRS 102) (effettive l January
2019).
REFERENCE AND ADMINIsfRATIVE DEfAILS
Reglstered Charlty Number
(England and Wales) 250983
Registered Offlce
Neath YMCA
Lletty Najd
Penydre
NEATH
SAII 3HG
Mr Kevin Lewls - Chalrman
Mr Alun James
Mrs Joanrki Jenkins MBE JP DL- Qwlnnan
Dr Bryn John Cstj DL
Revere￿1 Patrick Baker (Cha￿aIn) {Retlred 30 Novenber 2023)
Mr Clive Ball
Mr Marbn Evans FCA cfA
Cllr Alan Lockyer
Mr Brian Warlow (Resigr￿d 9 August 2023)
Professor Emeritus Dr Dunc3n Lewis [R￿￿ned 15 SepteM1￿r 2023)
Mrs Delyth Lewis
Pastor Lynn Maddocks (AptKJinted 30 NoveJviw 2023)
Mr Emry5 Ellas OBE(ApFK)inted 30 Novern￿r 2023)
Ms Sarah Hemington (Appoirtsd 30 NovemiEr 2023)
Ms Marcia Hughes (Ap￿inted 30 Novunter 2023)

Pa
YOUNG MEN'S CHRIsfiAN ASSOCIATION NEATH BRANCH
REPORT OF THE TRusfEES
FOR THE YEAR ENDED 31 MARCH 2024 Convd
srRucfuRE, GOVERNANCE AND MANAGEMENr
Govemlng docurnent
The charity is Control￿ by its goveming documen¢ the mthyel conslituth)n YMCA.
Related partles
The charlty's related parties include all tr￿tee5 Ii5W alx)ve.
Rlsk management
The trustees actwely rewew the maF)r risks whlch Ihe d)artty frd￿ on a r4ular basis and klleve that by
maintalnlng a reserve, combined with an annual ￿VIeW of the controls over key finaniial systems, this will
provide sufficient resources in event of adverse condtdons. The trustees have also eyAmlned other
operational bLSIr￿ rlsks whKh it fa￿ aThl u)nfimi that tlw have established systsms to mitsgats the
51gnificant risks.
Management commlttee
The management committee Is m* up of trnstees. Ml trustees gfve thelr ttme vduntsrlly and recelved no
remunerati¢)n or frc*n the charity durirKJ the year.
OBJEcfIvES AND AcfivTfiES
Objertives and alms
objectives of the charlty a￿ as folbws:.
l. To lead young men and knys to the Lord Jesus thrist to fijllness of life in him.
2. To provide or asslst In the provislon in the interests cl ￿la1 welfare of facilit￿ for recreational and other
lelsure tlme 0￿￿patIon for young men tws with the obi&t of improving their condition of life.
Charltable actlvttles
In shatxng our objectives and planning our a(JivilJe5, the trustees have considered the Charity Commission's
guidance on publlc benefiL
The main &tivities undertaken for the public be￿ ind￿le.
Youth club and youth events.
Young people's activities such as Juck), Karate, Da￿e etc.
Adult education da5ses.
Partnership worknng with other organi￿li0n$.
ACHIEVEMENT AND PERFORMANCE
In addition to its daily attivities and its contlnued Involvement in the Fthess F*oryi the charlty wlll ￿ntInue to
investigate further Pro]￿ consistent with Tts tharttaNe ain￿.
The charity had a surplus in this year of £23,043 compared wtth a deficit of £22,918 In 2023. The charity has
surplus funds at the end of March 2024 (induding fiEelK)Id property) of £133,440.

YOUNG MEN'S CHRISTIAN ASSOCIATION NEATH BRANCH
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024 Conyd
FINANCIAL REVIEW
Reserves pollcy
The reseNe5 policy of Neath YMCA rawnlw the need to hold r￿eNe5 to ensure fijnds are available to conilnue
the provi8ion or assist in the provlslon, In the Interests of sockl We￿are, of faolities of recreabon artd other
lelsure time should fall. Reserve5 are also requir8J to meet the future malntenance programwE for the
bulldlng, known as YMCA, Penydre thus ensurlng the faaltties offered are kept to a high standard. A minimum
level of reseNes needs to be retsined to e[￿￿ the trustees can 0￿rate the extt strategy and meet its lejal
commltments should the charfty be unable to continue due to a I￿ of a 5ustsinable 1￿me stream. The charlty
Is dependent upon re￿Ipt of activty income, letting fees aTrJ ot￿r income from trust funds. The Trustees have
continued to morbitor the ongolng flnandal sthation do• during 2023-24. fftr the finanaal year, the charTty
continued to demonstrate sound, effecttve finanual managemenL This will o)ntinue and maintainin9 the viability
of YMCA Neath will be a priority during 2024-2025 and beyond.
Unrestricted funds stsnd at £133,440 at 31# March 2024. After bxountiro for tsngible fixed assets, the ch8rlty
currently has fbEe ￿serveS of £72,853 howevw the trustees aim to retsin free reserves of circa 6 nN)nths
operating Lt)5ts whlch would currenuy o]uate to approximatety £60,tI)O as per the Charty Commissions best
practice guidan￿.
The truste￿ wlll monitor and review the reserves pdlcy on a rojular Lkisis or should any other extemal factors
such as the pandemlc occur again.
ON BEHALF OF THE BOARD:
Kevin Lewls- Trus
Date.. 28 January 2025

INPENDErir EXAMINER'S REPORT TO
THE BOARD OF TRusfEES OF
YOUNG MEN'S CHRIStIAN ASSOCIATION NEATH BRANCH
I rewrt to the charity trustees on my ￿MInation of the accounts of the chat7ty for the year end￿ 31 March
2024 which a￿ set out on pages 5 tr) 12.
Responslblllties and basls of report
As the Charit￿$ tnjstees you are wnslble for the preParat￿)n of the accounts In accordan￿ wlth the
requirements of the Chartues Act 2011 Cthe Att).
I report in of my examination of tIE charitys aco)unts carried out under sedlon 145 of the Act and in
carrying out my examination I have folk)wgJ all the applicab￿ Dlrecjjons grven by the Charity Commission under
secknon 145(5)(b) of the ACL
Independent examlnerfs statement
I have Comple￿ my examlnatk)n. l o)rrflmi that no mateiial matters have oJme tu my attention In connectlon
with the examlnation giwng me cause to believe that in any material rW:_
accounting records were not kept in resp&* of the d￿rity as requlred by ￿tion 130 of the Act, or
the accounts do not accord with those r￿O￿lS,. or
the accounts do not compty with the aptAicable requireFnents COn￿rnIng the fom and content of
acccmjnts set out in the Chaikne5 (Accounts arKI Rew)rts) Regutation$ 2(N)8 other than any
uirement that the accounts gNe a YJue arKI fair viewf is not a matter consldergj as part of
an independent examination.
I have no concems and have come across no other matters In cOn￿On wlth the examination to which attention
should be drawn in this report in order to enable a proper utKJerstandiTrJ of the accounts to I￿ reaCh￿J.
Richard Chapple
R. Chapple Bsc FCCA
WBV Limited
Wo(xifield House
Castle Walk
Neath
SAII 3LN
Date.. 28 January 2025

YOUNG MEN'S CHRIsfIAN ASSOCIAfIoN NEATH BRANCH
STATEMEpif OF FINANCIAL AC￿￿TIEs
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024
2024
Total
2023
Total
Funds
INCOMING RESOURCES
Donations and legacie5
Intsmlng ra$oUr￿ frt*n
charltable acll¥ltlas
Other trading artNlties
Incrxne from Investments
Total Income and endowments
7,896
7,896
4,078
7,525
85,680
54,859
62,384
85,680
939
36,536
76,430
40
85
RESOURCES EXPENDED
ExI￿nd￿ure In ralsing funds
Expenditure on charitsble activibes
Other eXt￿ndIt￿re
Total resour￿ expended
82,672
4,533
82,672
49,096
103,214
34,600
NEf INCOME
Trarnsfers ￿een funds
Net movement in funds
12,747
10,296
10 296)
23,043 {22,918)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWAIID
110 397
110 397

YOUNG MEN'S CHRISnAN ASSOCIATION NEATH BRANCH
BALANCE SHEET
AS AT 31 MARCH 2024
2014
21J23
Total
Fund5
Funds
FIXED ASSETS
Tanglble assets
CURREKf ASSErs
Stock
Debtors
Cash at bank and In hand
IOD
7,587
1858
1858
77,351
77,351
50,018
CREDrroRS: amounts falling due within
one year
io
NEf CURREpif ASSErs
TOTAL ASSETS LESS CURREKf UABIUTIES133,440
DefeThed income
133,440
110,397
NEf ASSETS
FUNDS
Unrestricted funds
Restricted funds
Total Funds
li
li
133,440
133,+10
110,397
The flnanclal statements werE apwovd by the Boanl of on 28 January 2025 and were signed on its
behalf by:
Kevin Lewis- TNstee
The rM)t&s fonn part of th&e finanaal ststements

YOUNG MEN'S CHRISTIAN ASSOCIATION NEATH BRANCH
NOTES TO THE FINANCIAL sfATEMEpirs
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POUCIES
Basls of preparatlon and assemM￿t of golng concern
Young Men's Chrfstlan ASS(￿aatK)n N&ith Branch was fouThJ8J urmler Mc¥Jd cOr￿tItu1j0n YMCA in january
1967. The address of the registered Offi￿ is Th)teJ in the charity refere￿e and admInIstrat￿e detalls on
page l of the flnanclal stateff*nts.
The accounts (ffnanclal statements) have been p￿par￿1 in accordan￿ wlth Accounting and RqThting by
*•
Charities: Ststement of Re0)mmend￿j Practi￿ applltsble to charities preparing their accounts In
ac(xJrdance wlth the Financlal Rerx)rtiry sta￿rd applicab￿ in t￿ UK and Republic of Ireland (FRS 102)
(effective l January 2019), Financlal reportlng Stsndard 102'The Financial Reporting Stsndard appllcable
in the UK and Republlc of Ireland, ￿alItieS Art 2011 arKI applicable regulations.
The accounts ￿ve been p￿Pared under ihe hLSton"cal c05t cOnV￿tion with items recognised at cost or
transactlon value unless otherwLse statal In relevant note(s} to these accounts.
Young Men's Chrfstlan Assodauon Neath BraNth meets the thfinition of a publlc entty u￿￿er FRS 102.
Incomlrfj resources
All Incomlng resour￿ are on the Statement of Finanaal Actmtles when the charfty is legally
entitled to the income, the anI￿nt can Ee quandf￿d with ￿aSOnab￿ ac£uracy a￿1 there Is sufflclent
certalnty of recelpt.
Grants, where entiuement is not C￿jI￿nal on the delNery of a spEcifK FwformarKe by the charity, are
reccgnised when the charty tecorr￿S Ur￿nd￿1Ona1IY entttl81 to the grant, Grants which are deFendent
on meeting perfOrn￿n￿ tsnJets are reccNJnised to the extwt that those performance conditions are met.
Resources expended
Expenditure Is accounted for on an acCr￿lS basls and ha5 cla55ifi8J under headings that aggregate
all costs related to the cate9)ry. Where costs cannot ￿ direcily attribut￿ iD particular headings they
have been allocated to activities on a basis consistent with the use of resources. Liabiltties are recognised
as eX￿ndl￿jre as scM)n as there is a kgal or constnJ(the oblvjation committing the charlty to that
expenditu￿, it is probable that settlament will Ik Nuira the amourt of the obligation can be
measured relially.

YOUNG MEN'S CHRIsfiAN ASSOCIATION NEATH BRANCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 Cont'd
Tanglble fixed assets
Depreaation is provided at the followlng annual In order to write off each asset over its estlmated
useful life.
Plant and gym equiFKnent- 15% reduciThJ balaTh2.
Computer 4uipment- 250h reduaThJ balan￿.
In accordan￿ with FRS 102 f￿hold propety is stated at cost. The trustees conslder that no
depreciation should be charyed on ￿hold proFety held by branch due to the continua
investsment in the upkeep of the property 5LKh that its residual value is at Eeast equal to ￿rt and Is not
depreciated.
Taxatlon
The charity Is exempt from corporation tsx on Its djaritab￿ activitw.
Debtors and credltors recelvablelpayable wlthln one year
Debtors and cr&Jthrs recefva￿e1paYab1e wtthln one year are r￿rded at the settlement amount.
Fund accountlng
Unrestrirted ftjnds can used in &ry)rdan￿ with the charitable ob}￿Ne5 at the discretion of the
trust￿.
Restrlrted funds can only be used for particular r*ykthed purFx%es within obJ.￿ts of the charity.
Restrlctions arlse when S￿lTEd by the thrh)r ￿ vthen funds are ra￿ed for particular restricted purposes.
Further explanation of natu￿ aN1 wrwtse of eath fund is in the notes to the financial
Statements.
G(Kng conwn
No matertal Un￿rtaIntieS exist whith affett charities ability to ojnttnue as a goiThJ ccrf￿rn eX￿pt as
disclosed in the'Achievement arKI tErf0m￿n￿, paragraph cf the Ret*Jt of the TrLStees.
Cashflow siatement
A cashflow statement is not prepa￿ in with its 0￿ritIeS SORP (FRS 102).
INVEsfMEKf INCOME
2024
2023
Bank Interest

YOUNG MEN'S CHIUSTIAN ASSOCIATION NEATH BRANCH
NOTES TO THE FINANCIAL sfATEMEKrs
FOR THE YEAR ENDED 31 MARCH 2024 Cont'd
TRUStEES' REMUNERATION AND BENEFITS
There were no tnJstr£es' remuneration or otlw IEneffts for the y8ar end&J 31 March 2024 rtor for the
year ended 31 March 2023.
TNstees' Expenses
There were no trusteeg expenses paid for the year ended 31 March 2024 Th)r for the year ended 31
March 2023.
srAFF COSTS
2024
2023
Wage5 and salaries
Scoal security costs
Employers Fension contributi
81,286
68,845
The average monthty number of emthees during the year was as foll¢)ws:
2024
2023
Admlnlstralive and Proj￿ staff
No employees recew ￿￿OIuMents In excess of £60,1xN) (2023: None).
2024
2023
Key rersonnel remunerations i*nefits
Income from charitable activi
2024
2023
Grants:_ restrlcted
Not CBC 3￿ sector grant
Neath PortTalbot CBC Warmhub
Cook Sts
Sportbtt Grant
Heartbeat Trust
Sported Foundation
Kickstart Scheme
National Grid Wami Spa
4 The reglon - garden prOj￿t
Hlbub Communlty FrfdgelEat your pumpkjn ple
NPT(X ftKKJ poverty
NWt(JC cost of living
YMCA cost of livlng
m(Y)ndan￿ Foundation - uniforn rail
Magic little grants- uniforni
30,IXJO
1,200
7,781
23,394
1,240
900
2,021
4,544
2,000
4,865
3,000
7,000
I,oio
1,940
50
859

YOUNG MEN'S CHRISM ASSOCIATION NEATH BRANCH
NOTES TO THE FtNANaAL sfATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 Convd
2024
2023
Grants:. Ljnrestrkted
Lottery Community fund
Neath Town Council
Groundworkers Tesco
6,2LKI
200
Total
OTHER TRADING AcrIvrrIES- UNREsTricfED FUNDS
2024
2023
Subscrlpdons
Genera1 fundraising
FItn￿ factory
Partnershlp ￿￿[tIeS
14,238
15,426
16,466
15,634
14,166
16,552
(1,396)
1,260
(86)
(6,662)
(1,300)
(5,738)
ALLOCATION OF GOVERNANCE AND OTHER SURPLUS cosrs
The breakdown of support costs and lThi these were alkotsj WVeMar￿ and other 5UPPOrt
Costs is shown in the tsble bdow:
CostType
Tt)tsl
Basi$
Apportlonment
Stsff cos
Premlses cost5
Mis￿lIaneOUS overheads
57,619
15,054
oi
48,619
Estimat￿ stsff time
12,054
ESknmat￿1 usage
l Estimated usage
Governance costs
uCen￿ and professional charges
From support costs
The totsl support cost and 9)VeMar￿ o)5ts attribjted to the acbvities of the charity Is then apportioned
pro rata to the income genernted. The alh)2tion of cost is as follows..
Subscrfptlons to das
Fitness factory
General furKlraising
Partnership artivty
13,075
15,122
14,166

YOUNG MEN'S CHRISTIAN ASSOCIATION NEATH BRANCH
NOTES TO THE FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 Convd
TANGIBLE FIXED ASSEts
Fmhold
Plartt and
Mathln
Total
COST
As l Aprfl 2023 and 31 March 2024
DEPRECIATION
At l April 2023
Charge for the year
As at 31 March 2024
27,376
27,376
NEf BOOK VAWE
At 31 March 2024
At 31 March 2023
DEBTORS: AMOUNTS FALLING DUE WrnIIN ONE YEAR
2024
2023
Debt(Ks
Prepa￿ents and accrued income
2,683
7,412
175
io.
CREDrroRS: Amoumfs FALUNG DUE WrnIIN ONE YEAR
2024
2023
Payments in advatKe
PAYE and &Ktal Securwty
Acuuals
917
1,141
834
373

Pa
e12
YOUNG MEN'S CHRIStIAN ASSOCIATION NEATH BRANCH
NOTES TO THE FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 Convd
ii.
MOVEMENf IN FUNDS
HO￿￿ert
Funds
At 011041
As 31103124
Unrestricted funds
General furKI
Restrirted funds
Restricted funds
TOTAL FUNDS
110,397
23,043
133,440
Net movanent in fun(ts, Ir￿￿d￿l in ts ab)ve are as fdlows:
IrKomlrvJ R￿￿r¢e$ Movement In Trnnsfer Movement In
fvnts b6f•
rKls after
transfer
transfer
Un￿$t￿CEed funds
General furKI
Restrfcted funds
Restric￿1 funds
TOTAL FUNDS
102,040
89,293
12,747
10,296
23,043
23
Iz
PENSIONS AND OTHER posr REfIREMEKf BENEFrrs
The tharity operatss a defined contrlbutions pensH)n plan for Its employees. The arrKJunt recconised as
an expense in the year was £950 (2023 £701).
13.
ULTIMATE CONTROLLifiG PARTY
The charty is controlled by the l))ard cl tnts.

YOUNG MEN'S CHRisfIAN ASSOCIATION NEATH BRANCH
D￿AILED ￿ATEMENT OF FINANCIAL AcrivrrIES
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
INCOMING RESOURCES
Donations and legacies
Legacy
Donatlons
other income
6,798
2,867
other trading activltles
Subscrlptlons
Coffee bar
Fitness factory
16,466
General fundraising, section recharge, sales Etems, speaal dforts, var10￿$ 15,426
Partnership activlties
14,238
13,126
99
13,776
4,377
Investment Income
Bank interest
Incomlng resourqx5 from charftable aLtlvltles
Grants
Total Incomlng resources
RESOURCES EXPENDED
Charftable actlvltles
Wag
Insuran
Llght and heat
TeleFthone
Postage, printlng and stadonery
Repairs, renewals and cleaning
Marketlng
Bank charges and interest
Key holder and cleaning service and S￿rity
Mlscellaneo
Class costs
Water rates
Baby bank
Aff51iation fees
Grant Expendlture
Depredatlon
82,236
4,077
8,621
720
1,500
9,450
230
384
237
5.502
2,860
2,064
1,978
395
11,514
69,546
3,394
9.300
755
816
8,311
709
320
161
3,847
3,472
1,274
1,309
34,600
133 856
Net Surplus