5 Water Skellgate, Ripon, North Yorkshire, HG4 1BQ Registered Charity 250986 Registered Housing Association LH3651 Ripon YMCA is an Unincorporated Charity called an Association. We also have a dormant Incorporated Organisation called YMCA Ripon CIO. These are the advisors, members and accountants at the end of the financial year: Patron Joanne Ropner LL President Bernard Bateman MBE Chair Sean McKibben Vice Chair Treasurer Anthony Pitt Board Members Kari Munro Jo Thackwray George Dickinson Rebecca Mian Staff: Lucy Gratton Bev Skaife Imogen Moore Lucy Backhouse Paul Matless Jayne Shackleton Bankers: HSBC, 34 Westgate, Ripon, North Yorkshire Auditors: JWP Creers LLP, Chartered Accountants, Genesis 5, Church Lane York, YO10 5DQ The Ripon YMCA Board of Trustees can elect up to 10 individuals as trustees. We have a Chairperson, Treasurer and Vice Chairperson. Individuals who are known to the organisation or via professional networks are recruited with a role description, application and vetting process. A basic DBS is carried out and new trustees have an induction process and are required to read The Essential Trustee. A skills audit of Trustees is carried out every few years to ensure we are meeting the organisation needs. If gaps are identified we will actively recruit via our local infrastructure organisation, or facilities such as www.reachvolunteering.org.uk. Our constitution allows for Board members to be co-opted within the governance year. We are undertaking the self-assessment for the Trusted Charity Status, and continuing to grow, develop and learn. 02 ## **Our Organisation** In 2020 we undertook a full strategic review of Ripon YMCA. Coronavirus lockdowns provided a perfect opportunity to pause, review and develop our thinking for the future. In spring 2022 we continued to develop our provision and employed a Community and Development Manager to help fulfil our goals. ## **Our Vision, Values and Strategic Objectives:** ## **Our vision** Ripon is a place where all young people can live safely, securely and independently, fulfilling their potential, and being valued members of the community. ## **Our mission** To remove young people from homelessness through the provision of accommodation, and address issues that prevent young people from achieving their potential, such as poor mental health, family breakdown, lack of opportunities and aspirations. ## **Our values** **We Seek Out;** We are excited about creating working partnerships and connecting with the local community **We Welcome;** We offer all young people the space they need to feel safe, respected, heard and valued **We Inspire;** We inspire tenants, young people, partners and stakeholders by having a passionate and professional approach to what we do **We Speak Out;** We advocate on behalf of our tenants and young people **We Serve;** We are dedicated to serving young people ## **Our Strategic Goals** **1.** To provide good quality, safe and secure accommodation in Ripon, helping to ensure the housing needs of young people are appropriately met. **2.** To provide our tenants with a Personalised Support Programme to ensure they achieve their potential. **3.** To work with others to ensure young people in Ripon have access to services that support their personal and social development, enabling them to make informed choices about their lives. **4.** Extend our influence in order to raise awareness of youth homelessness and celebrate the positive contribution of young people in our society and community. 03 YMCA RIPON Mission Vision To remove young people from homelessness through the provision of ac(ommodatlon, and address i95uesthat preventyoung people from achlevlng thelr potentlal, suth as poor mental health, farnily breakdown. la¢k tsf Opportunltlés and aspiration& Ethos & Values Rlpon Is a place where all young people can Ilve safelyt securelyand Independently fulfilllng thelr potentlaL and belng valued member5 ofthecommunlty. We seek out Wew me We speak out We serve others We a￿exCIted about creatingy￿rkIng partnershipsand connKtingwf(h the local communty. Wèofferall young We inspireTenants,young Wethateon peoplethe space people, partnersand kehallof ourtenants they needtofeel stskeholders by having a andyoung people. Safe, respected, passionate and profe5- heaidand valued. sional approaih towhat wed We aftdèdicatedto servingyoung peop￿. Our Strategic Goals To provide good quality. safè and sècure accommodatlon In Rlpon. hèlplng to ènsure the houslng nèeds of young people are approprlatèly mèt. To provide ourtenants with a Personalised Support Programme to ensure they achieve their potential. To work with others to ensure young people in Ripon have access to services that support their personal and social developmenL enabling them to make informed cholces aboLrt their Ilve5. Extend our Influence In order to raise awareness of youth homelessnèss and celebrate the posltlve contrlbutlon of young people In our soclety. How do we know we are achieving our goals. Outputs Outcomes Activities Prt+¥lslon of attommoda￿oTh Impact Reduced homeknness Indicators Tenants'Personallsed Support Programme ContrlbLrtlon toyouth workat)d supportforyouny people In Ripon Comrnunity Partner5 Programrne gagernent n support Increased financlal Independen Better mentsl health Increase In p051tlve move o Increased numberof young people who achleve own tenancy Improved Confiden￿ reported In young people Improvementengagement wlth empl¢)ymenL education. and tralnlng opportuThltles Improved scoreson ourwtllbelng scales Move on rates Young peopleare better equlpped to manage thelr Ilves well AtteThdan￿ In educatlon Increased employablllty Increased awarenes50f homelessne￿ Issues EEToptlons Sesslons olyouth work Community partner5 Dor￿tiOnS and community engagement Young peoplearesafeand healthy People and Communltlesare more awareofyouth homelessness and Issues affectlng yout)g people Volurrteers Improvementln attltudes olth@ local otntnunlty ## **Chairpersons Report** It has been another action-packed year for Ripon YMCA, with the continued issues with Covid making life more difficult for tenants and staff. Despite this, it has been a very successful year for the organisation, with real progress being made towards our strategic goals. As well as covid, we faced some other challenges during the year. One of these, was managing the organisation in its day-to-day activities while Lucy took some time off. That we managed so well during this period is testament to the work Lucy has put in to making Ripon YMCA a strong and resilient organisation, and to the quality of the staff that we employ. A special mention goes to Imogen, who stepped up to keep the show on the road, and Dewi Winkle who stepped in to help with day-to-day management and support. Achievements over the year include finishing number 4 so that its first tenants could move in. It has also been a very successful year on the fundraising front, particularly through grantmaking trusts. This has enabled us to focus on developing one of the key strategic aims, to extend the reach of Ripon YMCA beyond the provision of accommodation. Later in the report there is an impressive list of the funders we have delivered with over the last year, demonstrating the positive impact that Ripon YMCA is having on young people in the local community. Ripon YMCA is more than just a place for young people to live, it is also a safe and supportive environment, and this comes from the empathy and dedication of its staff and volunteers. The development and growth of the organisation has seen the creation of some new roles and the recruitment of new team members, including our new Housing Manager Paul, and Jayne, who has taken on the brand-new role of the Community and Development Manager. These positions mean that Lucy is freed up to provide strategic leadership and build external partnerships and will also ensure that we continue to improve the quality of housing and support we provide, as well as explore and develop new opportunities in the community. We have also welcomed on board our new Housing Support and youth workers, Lucy and Bryony, who play an invaluable role supporting young people to find their feet and explore new opportunities. In addition, I’d like to thank our volunteer Jonty, who amongst other things supports our tenants with CVs and benefit applications. We have also said goodbye to a number of trustees and welcomed new ones on board. Leaving us are Nick and Chris, who were both instrumental in getting Ripon YMCA back on an even keel and have been involved in many projects, with Nick as Treasurer and Chris focussing on the buildings and maintenance side. It is thanks to their efforts that No.4 has been renovated from the derelict shell it was and is now a welcome addition to the housing stock for young people in Ripon. Two other valued members of the Board of Trustees have stepped down this year for the time being, Stef and George. Their enthusiasm and energy has been invaluable and we hopefully look forward to working with them again in the future. As Chair, I am very pleased to see the continued development of Ripon YMCA. It promises to be another very interesting year for the organisation as it continues to deliver its core vision of making a difference to the lives of young people in Ripon. Sean McKibben – Chairperson, Ripon YMCA ## **Services and Activity in April 2021 to March 2022** Its been a challenging year for Ripon YMCA. Faced with the ongoing pandemic we have adapted and overcome many difficulties to finish the year in a positive position with a larger team and sustainable funding for Youth Work. Those young people who lived with us during the early months of Covid in 2020 moved on from our accommodation in 2021. The impact clearly seen in the difficulties those young people were having with their mental health, family connections and opportunities to develop independence. We faced some challenges with illness and staff turnover causing significant gaps in delivery, however it also enabled some staff to thrive and respond positively to these difficulties. We have created a strong and supportive culture of learning and development and have a staff team who are inspired to develop, improve and explore new opportunities. Staff welfare and support is at the front of our thinking and we have developed a range of activities to imbed this. In 2020 we created a Strategic Plan which has been progressing. Some areas we have developed significant new provision, in others we continue to explore opportunities. We are excited to have developed the staff team and capacity to invest in our work outside of our Supported Housing for the young people of Ripon. Lucy Gratton - CEO Ripon YMCA Jayne, Bryony, Paul, and Lucy raising funding at the CEO Sleepout in Harrogate. 06 ## **Progress Against Our Strategic Plan** We will respond to each of our strategic goals individually in this report to demonstrate our progress and plans. - **Goal:** To provide good quality, safe and secure accommodation in Ripon, helping to ensure housing needs of young people are appropriately met. ## **Progress and activity:** In 2021/2022 we: - Provided Supported Housing to 51 young people, with 17 continuing to live with us after March 31[st] 2022. - We received 67 enquiries for accommodation in the year. - The reason 52% of tenants moved in was due to family breakdown. 20% had been sofa surfing with 8% having tenancy problems. - 34 tenants moved out in the period. This is higher than previous years (17 in 19/20, 8 in 20/21) Of the tenants who moved out 16 were a positive move, with 4 unsecure and 14 evictions. Evictions occur for a variety of reasons including non-payment of rent, incidents and lack of engagement. As described above we had a challenging period and some instability caused by staff absence and the ongoing pandemic. - Of the tenants who moved out, 18 were male, 16 female with an average age of 21 when they moved in. - Development of policy, procedure and working practices to try and meet the needs of our tenants within our setting. - Maintained an average of 84% occupancy - Negotiated an increase in Supported Housing rent via Housing Benefit - **Goal:** To provide our tenants with a Personalised Support Programme to ensure they achieve their potential. ## **Progress and activity:** In 2021/2022 we: - Provided regular keywork sessions with tenants at the YMCA - Managed an increase of self harm, poor mental health, incidents and challenges faced at the YMCA during the difficult year. - Of the 10 tenants referred by the YMCA to Community Mental Health Services 9 engaged. - 100% of tenants were registered with a doctor when they left us. - At move out 48% of tenants were working part time with 19% of tenants working full time. - Developed a range of tools and recording mechanisms to ensure our tenants receive personalised support. - Managed Covid with limited cases being seen and no outbreaks. Staff and tenants were offered priority vaccines. 07 When tenaiits iiioved in Fan)ily 420/0 of them had a mental .P.'breakdown was health issue, with 40 % of the reason for those having a severe 520/0 of our mental health issue. tenants moving in. While 200/0 had been sofa surfing. Moving on from the YMCA 34 tenants successfully obtained their own accommodation and are living independently 67 % were in part time or full-time work when they moved out. Are you coiiifortakie? Overall tenants gave a score of 3.37 out of 4 Do yoii feel safe at tlie YMCA? Overall tenants gave a score of 3.5 out of 4 "My room is my independence. First time in a long time I feel safe and at ease" Ililitijil, Between April 2021 and March 2022 we had 51 tenants staying at the YMCA YMCA RIPON 2021- 2022 What is the best thing about the "I have gained independence and I can now manage my money" My support worker Its dose to tovm and the p•le are nice new people Therknpported me throwh st my job kdowns when I Ripon YMCA, 5 Water Skellgate, Ripon, HG41BQ U13651 08 - **Goal:** To work with others to ensure young people in Ripon have access to services that support their personal and social development, enabling them to make informed choices about their lives. ## **Progress and activity:** In 2021/2022 we: - Were successful in applying for funding to develop youth work provision and have worked on the street on a weekly basis since October 2020. - We chair Ripon Youth Work Partnership which started in 2021 following an increase in anti-social behaviour in Ripon. The partnership continues to grow and is a resource for the police, local decision makers and providers of Youth Work. - We delivered 65 youth work sessions in the year and staff dedicated over 800 hours to planning and delivery. - We engaged young people over 2000 times during the year with 595 on street-based youth work. - The Red Triangle Drama group has moved online during the year and offered 47 sessions. - We successfully applied to Children in Need, The National Lottery and a number of other grants, trusts and donors to fund this work. - **Goal:** Extend our influence in order to raise awareness of youth homelessness and celebrate the positive contribution of young people in our society and community. ## **Progress and activity:** In 2021/2022 we: - Continue to work alongside Ryedale YMCA to improve our quality and have increased our engagement in the national federation. - We lead and chair the Ripon Youth Work Partnership. - We have worked with Picture News to create a Sleep Easy resource for schools that will build awareness of homelessness issues amongst primary and secondary aged pupils and provide a platform for fundraising. - We have continued to provide a range of community fundraising activity to support our work and build awareness of the challenges faced by young people. - We continue to develop our partnerships and reputation amongst funders and local organisations to ensure we are involved and included in future plans and developments. 09 outh Provision In 202112022 Staff in pl ours ning Total Numbe of times we engaged young people in a sessio r activit dilivery 805 Triangle ma Sessions Age of young people engaged 2046 65 Youth Work ngagements wi ng people on St 959 Engagement on Outreach work Young peoples concerns and topi cover -13 13_16 17+ ne59 exa Young people said they are worried about Anxiety Bodylmage YMCA RIPON 5 Water Skellgate. Ripon. HG4 IBQ tel.. 01765 607609 ern￿1.. youth riponyrnca.org io ## **Case Study – John at Teen Drop In.** The Teens Drop In sessions began at the YMCA on 11[th] May. This is a weekly session for young people age 12+ addressing various well-being topics with discussion and activities. Young people lead the themes through conversation and an anonymous ‘Drop Box’. John who is 13 found out about this session via the street-based youth work taking place. The youth workers talked to John about risk taking behaviour, vaping, cannabis and having nowhere to go. John is known by the police and it was felt that he is on the peripheries of a group who are often associated with anti-social behaviour. John started to attend the sessions and now always turns up early and is keen to attend and helps set up and tidy afterwards. We have responded to a range of topics such as pride month, sexuality and race. John says “This group has really helped me change my life for good. It has helped me to stop getting into trouble and make bad decisions. I thought someone who was different from me was going to be an idiot. But I got to know him here and he is actually a nice guy”. John’s confidence has grown week on week from quietly listening to now actively helping with cooking, setting the table, talking to others in the group. The YMCA Youth Worker spoke to John’s Mum who commented that John is “absolutely loving the sessions and really looks forward to them and his behaviour has improved”. John has now started to attend our newly formed Young Leaders session at the library. **We are grateful to the following organisations, funders and partners who have supported our work in 2021/22. We are also grateful to our individual donors, community supporters and professional partners for their ongoing support and commitment to our work.** Albert Hunt Trust, Charles and Elsie Sykes Trust, Co-op Local Community Fund, Garfield Weston Foundation, Holy Trinity Church, Inner Wheel Club of Ripon Rowels, Knoll Charitable Trust, Mary Magdalens Chapel, Morrisons Ripon Community Champion, Neighbourly Foundation, North Yorkshire Police, Fire, Crime Commissioner Community Fund, North Yorkshire Sport, Ripon City Club, Ripon Girls Group, Ripon Recycling Fund, Rotary Club of Ripon, Sainsburys, Swinton Charitable Trust, Sylvia and Colin Shepherd Trust, The National Lottery Community Fund, The Percy Bilton Charity, YMCA England and Wales Development Grant, York Action on Young Homeless 11 ## **Treasurers Report** This has been a positive year, despite a number of challenges, including the residual effects of the COVID-19 pandemic. Our financial position has improved since the prior year; free reserves have increased from £69,669 to £95,772. This has been driven by effective fundraising, the continued generosity of the public through donations, and through effective management of costs. This is in excess of our targets within our budgets and strategic plan. Total turnover has increased to £283,452 (2020-23 £265,560), and this has enabled us to increase our staffing levels through successful recruitment of a new Community and Development Manager, and to increase hours in other posts. This has enabled us to build a more robust organisation that is better equipped to support our people and to grow in a measured and sustainable way. Housing expenditure has increased in line with our growth, but pleasingly our facilities management and administration costs have remained at comparable levels to the prior year, demonstrating effective management and oversight. The refurbishment of No 4 Water Skellgate was fully completed in 2021-22, being financed wholly from our own resources. This has been my first year at the YMCA and I have been pleased and impressed with the way that management have robust systems and controls in place and with the way that financial performance is closely monitored and reviewed. I look forward to 2022-23, which represents an opportunity to sustain the positive progression and development that I have seen this year. Anthony Pitt – Treasurer Ripon YMCA **The next pages to contain the following:** - **Statement of Income and Expenditure** - - **Balance sheet** 12 RIPON YMCA STATEMENT OF COMPREHENSIVE INCOME YEAR ENDED 31 MARCH 2022 Unrestrictsd Restricted Totsl Total No 2022 2022 2022 2021 TuTnover 228.437 55.015 283.452 2S5.560 Operabng costs 1204.1131 I31.8￿) 1235.9331 1198,8971 Operab"ng surplus 24.324 23.195 47.519 66.663 Interest reteNab* ana similar kncome Surplus frwthe Ye￿ on ordinary athtt￿$ 24.324 23.195 47.519 66.663 Totsl comprehensive income forihe year 24.324 23.195 47,519 66.663 Tr￿ above foures are derived from continumg operations. 13 RIPQN YMCA STATEMENT OF FINANCIAL PoS￿10N YEAR ENDED 31 MARCH 2022 Note 2022 2021 Tangible fix•d a55et5 656,292 662,016 Current assets Debl(x5 an(J prepayrnents Cash at bank and In hand 23.895 178.233 18.058 173.062 202.128 191.120 Credrtors." Armunts falliry due 0[￿ year 116.T121 157.8601 Net Current assets 185.356 133.2 Credrtors. amounts falling due after orE year Defined benerrt ￿n51￿ Iiabilty 10 114.7201 115.8671 Totsi n•t ass•is 826.928 779.409 Res•rv•5 Incotne and expendrture resetve Designated devebpment rund Revaluation resewe R￿1￿cted Fu￿S .669 30,￿0 191,340 40.419 540.345 30.500 191.340 17.224 Total reserves 826.928 T19.409 The financN41 statements were approved and authorised for Bsue by Ihe trustees ￿ 20 Juty 2022 an(J %gned on Iheir behalf by 14 Jfvpc RIPON YOUNG MEN'S CHRISTIAN ASSOCIATION (KNOWN AS RIPON YMCA) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Charity Number 250986 jwp............... Ilp RIPON YMCA INDEX PAGE TRUSTEES REPORT INDEPENDENT EXAMINER'S REPORT STATEMENT OF COMPREHENSIVE INCOME STATEMENT OF CHANGES IN RESERVES STATEMENT OF FINANCIAL POSITION STATEMENT OF CASH FLOWS AND NOTES TO STATEMENT OF CASH FLOWS 10 NOTES TO THE FINANCIAL STATEMENTS 11-20 MANAGEMENT INFORMATION 21 Detailed income and expenditure account 22 RIPON YMCA TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2022 REFERENCE AND ADMINISTRATIVE INFORMATION Charity Numb9r 250986 Registered Address 4-5 Water Skellgate RiF)on North Yorkshire HG4 IBQ Patron Jo Ropner LL Trustees President Bernard Bateman MBE Chairperson S&an McTrQ'bben Treasurer Anthony Pitt (appointed 21 July 211 Nick Bentley Iresigned 21 July 211 Vice Chair vacant Odette Robson Iresigried 21 July 21) Additional Iruslees.. Nick Bentley Georye Dickenson Kari Munro Rebecca Mian Jo Thackwray Stephanie Benson Chris Taylor (resigned 17 November 21} (resigned 27 January 221 Stsff Chief Executive LLtcy Gratton Housing Operations Manager Paul Malless Housing Support Workers Community and Development Manager Senior Youth Worker Finance Administrator Youth Worker Lucy Backhouse Jayne Shackleton aev Scarfe Imogen Moore Holly Gadd Key Management Personnel Lucy Gratton Principal Bankers HSBC plc 34 Weslgate. Ripon, North Yorkshire Indapgndent Examinor Mr N Clemit ACA. FCCA JWPCreers LLP, Chartered Accountants Genesis 5, ChL•rch Lane York, Y010 5DQ RIPON YMCA TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2022 CONTINUED The trustees present their report and financial statements for the year ended 31 March 2022. The trustees have adopted the provisions of the Statement of Recommended Practi￿ ISORPI for Social Housing Providets 2018 and applicable accounting standards. the details are set out further in the basic of preparation and accounts'ng policies on page 11. Obje¢ttvos The objects of tho Association arise from ils acceptance of the Paris Basis 1655 incorporated into the National Slalemenl ofthe Aims and Purposes of the YMCA in England, adopted al the National Assembly of the English Youllg Men's Christian Associations in the year 2003, namely.. "The YMCA is a Christian Movement which seeks to unite those who, regarding Jesus ChrASt as (heir God 8nd Saviour according lo the Holy Scriplures, desire to b8 His disciples in their faith and in their life, and lo associate their efforts for the extension of His Kingdom. 11 welcomes into ils fellowship persons of all religious f8ilhs and of none-. In accordance with its Christian values the YMCA stands for= A woddwide fellowship based on the equal value of all persons Respect and freedom for all, toleran￿ and understsnding betweell people of different opinions Active concern for the needs of the community Un(Éed effort by Christians of different traditions As the expression of ils Christian purposes the YMCA aims lo-. Provide a welcome lo its members for themselves in a meeting place whi¢h is theirs lo share where friendships can be made and counsel sought Develop activities which stimulate and challenge members in an environment that enables them lo take responsibility lo find a sense of achievement Involve all members in the care and work for others Create opportunities for exchanging views so that members can improve their understanding ofthe world, of themselves and of one another Acoydingly, the objects of the Associstion are.. To unite those who, regarding Jesus Christ as their God and Saviour according to the Holy Scriptures, desire to be His disciples in their faith and in their lrfe, and to associate their efforts for the extension of His Kingdom. To lead young people lo the Lord Jesus Christ and to fullness of life in Him. To provide or assist in the provision in the interests of social welfare of facilities for recreation 2nd other leisure time O¢CLJpation for men and women with the object of improving their Conditions of life. To provide or assist in the provision of education for persons of all ages with the object of developing their physical, mental or spiritual capacities. To relieve or assist in the relief of persons of 811 ages who are in conditions of need. hardship or distress by reason of their social, physical or, economic circumstances. To provide short term residential accommodation for persons of all ages who are in cOr￿￿￿JnS of need. hardship or distress by reason of their social, physical or economic circumstances. (21 (31 (4) 15) {61 Housing Association Ripon YMCA is a Registered Provider of Social Housing and has 19 bedsits that were converted in the 1980's and 90's using grants from the agency now called Homes England. We also redeveloped a 3 bedroom shared house on site which became available for use in 2021. This project was self-funded and currenlty provides us with additional Supported Accommodation for young people in Ripon. The Iruslees have due regard lo the Charty Commission's guidance on public benefrt, and ensure that the activities of the organisation meet those requirements. RIPON YMCA TRUSTEES REPORT FOR THE YEAR ENDEO 31 MARCH 2022 CONTINUED ACHIEVEMENTS AND PERFORMANCE The objects of Ripon YMCA are lo provide youth and community work within the local area. This is achieved by providing the following quality programme of work in:. 1. Supported housing for primarily young people aged 16-35. 2. Programmed projects to develop life skills and employabilty. 3. Programmed youth work for young people. The charity's management team have continued lo build on ils performance last year to improve Its financial base, to support necessary refurbishments, and solidify its pos11ion as a meaningful organisation providing supported housing and services for young people in the community. We have continued lo raise funding from Trusts and Founclalions for a range of projects. Some were brought forward in to 21122 given the continued restrictions during the pandemic. We continue to devek)p provision and are working towards our 5-year strategic plan the Strategic plan identified in 2020.. To provide good quality. safe and secure accommodation in Ripon, helping lo ensL¢re the housing needs of young people are appropriately mel. 2. To provide OUT tenants with a Personalised Support Programrne to ensure they achieve their potential. 3. To work with others lo ensure young people in Ripon have access to services that support their personal and social development, ernabling them to make informed choices Sboul their lives. 4. Extend our influence in order lo raise awareness of youth homelessness 8nd celebrate the posllive contribution of young people in our society. VALUE FOR MONEY METRICS This is a requirgm¢nt of the Housing Association.. 2022 2021 NHF. 8usine5s Health eratin Mar overall eralin Mar social housin EBITDA MRI - '/0 of interest cover Develo ment & Ca acl New Su social housin units °/0 New Supply- non-social housing units lo Gearin Outcomes Reinvestment '/0 Asset Mana ement Return on Ca ital Em eratin Efficlenc Headline social housin 25/0 13/. oo/. 240/ts 250/ts 0/0 14° 0/0 0° 1/0 O'/0 28V/o 2710 3°/0 60/. SQ lo ed 3° cost er unil £9,838 £9,539 £3,891 'figures taken trom NHF report 2021 RIPON YMCA TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2022 CONTINUED FINANc￿L REVIEW The charity has made an overall surplus of £47,51912021.. £66,6631- The surplLJS was achieved through higher than expected occupancy, successful fundraising and cost management. It also includes project funding received in 20121 that was delivered in 21122. Staff costs were higher partly through a decision lo invest in Dur own capacity. The 3 bedroom shared house came online with tenancies being offered from July 21. RESERVES POLICY The trustees have designated £15,500 to large scale propety improvements. The trustees have designated £15,000 to finance our complex transition to an Incorporated Organi5alion and the organisational development involved. The total charity funds at the year-end were £826.92812021.. £779,409} which includes the revaluation reserve of £191,34012021.. £191,340). After removing the rèmaining fixed assets of £464,952 12021.. £470.6761, the designated fund of £30,50012021.' £30,500) and the restricted grants of £40,419 {2021.. £17,224) this leaves free reserves at £99,71712021'. £69,669). Following a review the trustees have decided that free reserves should be aiming for a minimurn of £110,000 representing six months operating expenses. This is an increase bul il's lo reflect increase staff costs and general running costs. STRUCTURE. GOVERNANCE AND MANAGEMENT Ripon YMCA Is registered with the Housing Association (Number LH36511 and is a registered charity (Number 250986). The charity adopted the model constitution of YMCA as am&nded 5 October 1981, 6 January 1989, 25 May 1994 and 25 May 2005. A eharitable incorporated organisalion {CIO- 1180912) ha5 been registered in November 2018 with the intention lo achieve limited liability slalus, a fom that is better suited to the charity's development. Limi(ed activity has been recorded in the new charity as yel. It is interTrded that. at some point in the future. the charity's assets and liabilities will be transferred lo this new organisation. The trustees have undertaken an assessment and ttonfirmed the charity's compliance with the Govemance and Finaneial Wiability Standard. The charty uses the essential Iruslee and re￿IVeS guidance from Community First Yorkshire, NCVO and YMCA E & W for compliance 2nd govemance.11 has also started to ulilise the Trusted Charity Standard. The Ripon YMCA Board of Trustegs can 8lecl up to 10 individu21s as trustees. We have a Chairperson, TreaSU￿r and Vice Chairperson. Individuals who are known lo the organisalion or via professional networks are recruited with a role description, application and vettirng process. A basic DBS is carried out and n8W trustees have an induction process and are r9quired lo read The Essential Trustee. A skills audit of Iruslees is carried out aT)nually lo er)sure we are meeting the organisalion needs. If gaps are i(Jentified w& will activ&ly recruit via our local infrastructure organisation, or facilities such as www.reachvolunteerin .or .uk RIPON YMCA TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2022 CONTINUED Trustèe's responsibilities The trustees are responsible for preparing the report and financial $18temenls in accordance with applicable law and regulations. The registered social housing legislation require the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its income and expenditure for th81 period. In preparing the financial ststements the trustees are required to:_ Select suitable accounting policios and apply them consistentty., Make judgements and eslirnates that are reasonable and prudent., Stale whether applicable accounting standards have been followed, subject lo any material departures disclosed and explained in the financial statements., and Prepare the financial statements on a going concern basis unless it is inappropriate lo presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records which dlsclose wlth reasonable accuracy al any lime the financial position of the charity and to enable il lo ensure that the financial statsments comply with the Housing and Regeneration Act 2008 and The Accounling Direction for private registered providers ol social housing in England 2019. They have general responsibility for taking reasonable steps lo safeguard the assets of the charity and detect fraud and other irregularities. Approved by the trustees on 20 July 2022 and signed on their behalf by.. Sean MclQ'bben - Chair INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RIPON YMCA YEAR ENDED 31 MARCH 2022 I report lo the charity trustees on rny examination of the accounts of the charity for the year ended 31 March 2022 which comprise the statement of comprehensive income, statement of changes in funds, ststemenl of financial position, statement of cash flows and relevant notes. Respectlve responslbllltles of the trustees and reporting accountants Th& trustees of the Registered Social Housing Provider are responsible for the preparation of the accounts, and they consider that the Registered Social Housing Provider is exempl from an audit. 11 is our responsibility to carry out procedures designed to enable ug to report our opinion. Basis of oplnlon Our procedures consislod of comparing the accounts with the accounting records kept by the Registered Social Housing Provider and making such enquiries of the officers of the Registered Social Housing Provider as we considered necessary for the purpose of this report. These pro￿dureS provide the only assurance expressed in our opinion. Oplnlon In our opinion.. the accounts for year ended 31 March 2022 are in accordance with the accounting records kept by the Registered Social Housing Provider under paragraph 13512llal of the Housing and Regeneration Act 2008., having regard only lo, and on the basis of the ir)formation contained in the accounting records.. the accounts comply with the requirements of the Charities Act 2011. the Registered Social Housing Provider has satisfied the conditions for exemption from an audrt of the accounts for the year ended 31 March 2022 specified in section 136(31 of the Housing an Regeneration Act 2008., the accounts comply with the requirements of the Housing and Regeneration Act 2008 and the Accounting Direction for private registered providers of social housing in England 2019. emit ACA, FCCA JWPCreers LLP Chartered Accountants Genesis 5 Church Lane Heslington York Y010 5DQ 20 July 2022 RIPON YMCA STATEMENT OF COMPREHENSIVE INCOME YEAR ENDED 31 MARCH 2022 Unr9Strict8d Restrictod Total Total Note 2022 2022 2022 2021 Tulnover 228,437 55,015 283.452 265,560 Operating costs 1204,1131 131,8201 1235,9331 1198,8971 Operating surplus 24,324 23,195 47,519 66,663 Interest receivable and similar income Surplus for the year on ordinary activitl8S 24,324 23,195 47,519 66.663 Total comprohenslve Income for the year 24,324 23,195 47,519 66,663 The above figures are derived from continuing operations. Approved by the trustees on 20 July 2022 and signed on their behalf by.. Sean McKibben - Chair asurer RIPON YMCA STATEMENTOF CHANGES IN RESERVES YEAR ENDED 31 MARCH 2022 Income and Expendlture Designat?d Dgvolopmont Fund Revaluation Rg$tri¢tod R8s#rve Fund$ Total AS al 1 April 2021 540,345 30,500 191,340 17.224 779,409 Transfer Total comprehensive I[￿ome for the pericxj 24,324 23,195 47,519 As at 31 March 2022 564,669 30,500 191.340 40.419 826,928 -2021- Income and Expenditure Deslgnated Development Fund Revaluatlon RestrScted Rg$erve Funds Total As al 1 April 2020 485.656 30.000 197.090 712,746 Transfer 15,777 500 15,7501 110.527} Total comprehensive income for the ￿rI0￿ 38,912 27.751 66,663 As at 31 March 2021 540,345 30,500 191,340 17.224 779,409 RIPON YMCA STATEMENT OF FINANCIAL POSITION YEAR ENDED 31 MARCH 2022 Noto 2022 2021 Tanglble Ilxed assets 656.292 662,016 Current assets Debtors and prepayments Cash at bank and in hand 23,895 178,233 18,058 173,062 202,128 191,120 Creditors-. Amounts falling due within one year 116,772) 157,8601 Net current assets 185,3S6 133,260 Creditors.. amounts falling due after one year Defined benefft pension liability 10 114.7201 {15.8671 Total net assets 826,928 779.409 Reserves Income arTrd expenditure reserve Designated development fund Revaluation reserve Restricted Funds 564,669 30,500 191,340 40,419 540,345 30.500 191,340 17,224 12 Total reserves 826,928 779,409 The financial statements were approved and authorised for issue by the trustees on 20 July 2022 and signed on their behalf by.. Sean McKibben- Chair ny Pitt- Treasurer The notes on pages Page 11 to Page 18 form part of these accounts. RIPON YMCA STATEMENT OF CASH FLOWS YEAR ENDED 31 MARCH 2022 Not8 2022 2021 Net cash generated from operating activities 10,757 116.411 Cash flow from investing activities Payments to acquire tangible fixed assets Interest received 15,5861 142,085) Nel cash flow from investing activities 15,586) (42,0851 Nel change in cash and cash equivalents 5,171 74,326 Cash and cash equivalents at 31 March 2021 173.062 98,736 Cash and cash equivalents at 31 March 2022 178.233 173,062 Notes lo the statement of cash flows 2022 2021 1. Net cash generated from operatlng activlties Operating surplus for the year 47,519 66,663 Interest receivgd Depreciation Decreasellincrease} in debtors (Decreasellincrease in creditors 11,311 15,8371 142,2361 12,473 18,091) 45,366 Net cash flow from operating actlvltles 10,757 116,411 10 RIPON YMCA NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 1. ACCOUNTING POLICIES Statutory informatlon RipDn YMCA is a registered charity in England & Wales and registered with the housing association. The registered address and place of business is 4 Water Skellgate, Ripon, North Yort(shire, HG4 18Q. Basis of preparatlon The financial statements have been prepared in accordance with applicable accounting standards including Financial Reporting Standard 102 The Financial Reporting Standard Applicable in the UK and Republic of Ireland {FRS 1021, the Slalement of Recommended Practice for Social Housing Providers 2018. and with the Accounting Direction for private registered providers of social housing in England 2019. The financial statements are also prepared under the requirements of the Housing and Regeneration Act 2008. The financial slalements have been prepared on a going concern basis under the historical cost convention, modified lo incluée certain items al fair value. The financial slalements are prepared in sterling, which is the functional currency of the charity. The significant accountillg policies applied in the preparation of these financial statements are sel out below. These policies have been consislenlly applied to all years presented unless otherwise ststed. The requirements of the SORP.. Accounting by Registered Social Housing Providers 2018 relating to cornponenl accounting has not been followed by the trustees as they do not feel that il would add any benefit for the users of the accounts. Golng concern Al the lime of approving the financial statements, the trustees have a reasonable gxpectation that the charity has adequate resources lo continue in operational for the foreseeable future. Thus, the trustees continue lo adopt the going concern basis of accounting in preparing the financial ststements. Tangible fixed assets and deprgclation Expenditure on fixed assets costing more than £250 is capilalised. Freehold land is not depreciated. Depreciation of other assets is calculated lo writè off the excess of cost over eslimaled residual eventy over their expected useful lives as follows subject to annual review.. Housing propety Hall area Housing furniture & equipment Hall area improvements Hall ar8a fumiture & equipment Straight line Straight line Reducing balance Reducing balance Reduung balance 2.17/0 250/0 100 250/0 Tumover All income is included in the statement of comprehensive income when the charity is legally enlilled lo the income and the amount can b8 quantified with reasonable accuracy. RIPON YMCA NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 1. ACCOUNTING POLICIES {continued> Operatlng costs Expenditure is included in the statement of comprehensive income on an accruals basis. Pension Ripon YMCA participatod in a Mulli-employer defined benefit pension plan for employees of YMCAS in England, Scotland arid Wales, which was closed lo new members and accruals on 30 April 2007. Due to insltfficient information, the plan's actuary has advised that il is not possible to separately identify the assets and liabilities relating lo Ripon YMCA. As described in note 11 Ripon YMCA has a conlraclual obligation to make pension deficit payments of £2,720 per annum over the period to April 2029, accordingly this is shown as a liability note 11 to these accounts. In addition, Ripon YMCA is required to contribute £732 per annum lo the operating expense of the pension plan and these costs a￿ charged lo the statement of comprehensive income as made. New members auto enrol into the NEST pension scheme. The costs are charged lo the statement of comprehensive incorne as incurr8d. Fund accountln9 Unrestricted funds can be used in accordar￿e w(Éh the charitable objectives al the discretion of the Iruslees. Designated funds Designated fvjnds are part of unreslricled funds which have been earmarked by the board for a particular purpose. Such designations may be reversed by future board decisions. Expenditure cannot be directly set against designated resetwes bul il can be taken through the income and expenditure account. A transfer is then made from designated funds as appropriate. R8$trictod funds Restricted funds are subjected to reslrictioF)s on their 8xpendilufO imposed by the donor or through the terms of an appeal. 12 RIPON YMCA NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 2. SOCIAL HOUSING TURNOVER AND COSTS 2022 2021 Social housing lettings Seryice charges receivable Revenue grants receivable IJRSI Flestricted grants receivable 188,440 2.281 646 26,240 164,722 2.419 6.061 35,064 Total turnover from social housing lettings 217.607 208,266 Social housing activity expenditure 1216,4251 1181,2341 Operating surplu5 from social housing activities 1,182 27,032 3. OPERATING COSTS 2022 Unrestrlcted Restricted 2022 2022 Total 2022 Staff costs Facilities management Administration costs Pension fund defic(t 113.446 73.166 15.196 2,305 21,113 10,707 134,559 83,873 15,196 2,305 204.113 31,820 235,933 Housing expenditure Nonthousing expendrture 204,113 12,312 19,508 216,425 19,508 204,113 31,820 235,933 Induded I￿ administration costs is the independent examination fee of £2,130 (2021- £1,640). 13 RIPON YMCA NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 3. OPERATING COSTS 2021 Unrestricted Restrlcted 2021 2021 Total 2021 Staff costs Facilities management Administration costs Pension fund deficit 88,117 61,804 14,548 1,193 11,426 20,661 1.148 99,543 82,465 15,696 1,193 165.662 33,235 198,897 Housing expenditure Non-housillg expenditure 165,662 15,572 17,663 181,234 17,663 165,662 33,235 198,897 Included in administration costs is the independent ex8minalion fee of £1,64012020.. £4501. 14 RIPON YMCA NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 4. STAFF COSTS 2022 2021 Wages and salaries Social Security Pension Pension fund deficit Other costs 115.570 5.488 2.254 2,305 11,247 92,038 2,953 1,708 1,193 2,844 Total staff costs 136,864 100,736 Average number of employees (FTE} 4.35 3.46 Average number of employe6s There are no employees who received more than £60,000 as their employee package.12021'. no employees) 5. TRUSTEES AND KEY MANAGEMENT PERSONNEL REMUNERATION The tot81 remuneration for key management p8rsornel amounted to £33,17612021.. £33,039). The chief executiv9 is a member of a workplace pension scheme,. £76612021.. £7701 in pension conth'butions were made on behaK of the chief 8xeculive. 15 RIPON YMCA NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 6. TANGIBLE FIXED ASSETS Housing Hall area Housing Hall Area furniture & improve- property equipment ments Hall area furniture &equip Freehold Land Total Costlvaluation As al 31 March 2021 Additions 92,800 470,461 3,618 169,067 135,129 1.969 4,981 37.634 910.072 5.587 As at 31 March 2022 92,800 474,079 169,067 137,098 4,981 37,634 915,659 Depreciation Asat 31 March 2021 Depreciation charge 62,243 4,810 28,831 956 116,280 5,205 4,389 59 36,513 281 248,056 11.311 As at 31 March 2022 67,053 29.587 121,485 4,448 36,794 259,367 Net Book Value as al 31 March 2022 92.800 407.026 139.480 15,613 533 656,292 Net Book Value as al 31 March 2021 92,800 408,218 140,436 18,849 592 1,121 662,016 7. DEBTORS AND PREPAYMENTS 2022 2021 Gross social housing r8nt owed Other debtors Prepayments 10,754 13,141 12,322 700 5.036 23,895 18,058 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 Trade creditors Other creditors Other taxation and social security Accruals Pension defiut liability Deferred income 4.039 16,354 491 9,518 2,720 3,416 6,197 3,114 28,775 note 11 note 9 16,772 57,860 16 RIPON YMCA NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 9. DEFERRED INCOME Under one year Total 2021 Al 1 April 2021 Additions during the year Amaunts released to income 28,775 28.775 128,7751 128,7751 Al 31 March 2022 The deferred income relates lo grants for future perlod projects. 10. CREDITORS.. AMOUNTS FALLING DUE AFTER ONE YEAR 2022 2021 Pension deficit liability note 11 14.720 15,867 11. PENSION COMMITMENT Ripon YMCA participated in a conlribulory pension plan providing defined benefits based on final pensionable pay for employees of YMCAS England, Scotland and Wales. The assets of Ihg YMCA Pension Plan are held separatety from those of Ripon YMCA and at the year-end these were invested in the Mercer Dynamic De- risking Solution, 630A matching portfolio and 37./0 in the growih portfolio and Schroder Ipropety un¥ts only). The most recent completed three year valuation was at April 2020. The assumptions used which have the most significant effect on the results of the valuation are those relating to the assumed rates of retum on assets held before and after retirement of 2.590/y and 1.09VA respectively, the increase in pensions in payment of 2.990/0 (for RPI capped at 5,/0 pa), and the 8verage lrfe expectancy from normal retirement age lo1651 for a current male pensioner of 22.0 years, female 24.4 years, and 23.7 year for a male pensioner, female 26.1 years, retiring in 20 years lime. The resu￿ of the valuation showed that the actuarial value of the assets was £146.1 m. This represented 79'A of the benefits that had accrued to members. The pension plan was closed to new members and future seNice 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 l May2011. The valuation prepared as a11 May 2020 showed that the YMCA Pension Plan had a deficit of £39 million. Ripon YMCA has been advised that it will need lo make monthly Contributions of £223.64 from 1 May 2022. The amount is based on the currerFI actuarial assumptions las outlined above) and may vary in the futur8 as a result of actual performan￿ of the pension plan. Agreed future deficit Gonlribulions have bgen dI￿ounted using a rate of 3'/o12021..30/.l The current recovery period is 7 years commencing 1 May 2022. 17 RIPON YMCA NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 11. PENSION COMMITMENT (contlnugdl Wlthln Ono to Two Two to Flve Aftor Five Total After one year years years years more than one year Total 2021 As at 31 March 2022 2,720 2.606 7,370 4.744 14,720 17,440 As at 31 March 2021 3,114 3,121 9,364 3.382 15,867 18,981 In addition, Ripon YMCA may have over time liabilities in the event of the non-payment by other pa￿.¢1pallng YMCAS of their share of the YMCA pension plan's defiGit. It is not possible currently to quant'fy the potential amount that Ripon YMCA may be called upon to pay in the futu￿. 12. ANALYSIS OF FUNDS Balance blfwd 1 April 2021 Balance elfw 31 March 2022 Income Expenditure Transfers Unrestricted Funds General Funds Revaluation Reserve Designated Funds= Development Fund 540,345 191,340 228,437 (204,1131 564,669 191.340 30.500 30,500 Total Unrestrlcted Funds 762,185 228.437 1204.1131 786.509 Restricted Fund5 Coronavirus Community fund Tackling inequalities fund Works for you project fund NYCC grant fund Co-op local commur)ity fund S8insburys ne￿hboUrlY grant The National Lottery Fund YMCA ERF ITCSI Action for Youth Homelessness NYPFCC 6,436 2,815 6,500 1,100 373 (2,9661 12961 3,470 2,519 16,500 10.000 (1,1001 373 4,427 4,518 3,863 5,000 9,945 5,000 6,240 18,830 15731 (5,4271 {1,1371 {6,2401 114.0811 4.749 Total Rostricted Funds 17,224 55,015 131,8201 40.419 Total Funds 779,409 283,452 1235,933} 826.928 18 RIPON YMCA NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 12. ANALYSIS OF FUNDS Iconllnugdl The revaluation reserve represented the cumulative effect of revaluation of larigible fixed assets. It is Ihe difference between the nel book value ol the properties and the cost. Deslgnated funds Development Fund - funds set aside lo cover various capital projects planned. Re$trlct¥d funds Coronavifus Cofflmunity fund- funés received from Two Ridings Community Foundation for accredite employability Gourses. Tacklin9 inequalities fund - funds received from North YoH Operatlng costs Expenditure is included in the statement of comprehensive income on an accruals basis. Pension Ripon YMCA participatod in a Mulli-employer defined benefit pension plan for employees of YMCAS in England, Scotland arid Wales, which was closed lo new members and accruals on 30 April 2007. Due to insltfficient information, the plan's actuary has advised that il is not possible to separately identify the assets and liabilities relating lo Ripon YMCA. As described in note 11 Ripon YMCA has a conlraclual obligation to make pension deficit payments of £2,720 per annum over the period to April 2029, accordingly this is shown as a liability note 11 to these accounts. In addition, Ripon YMCA is required to contribute £732 per annum lo the operating expense of the pension plan and these costs a￿ charged lo the statement of comprehensive income as made. New members auto enrol into the NEST pension scheme. The costs are charged lo the statement of comprehensive incorne as incurr8d. Fund accountln9 Unrestricted funds can be used in accordar￿e w(Éh the charitable objectives al the discretion of the Iruslees. Designated funds Designated fvjnds are part of unreslricled funds which have been earmarked by the board for a particular purpose. Such designations may be reversed by future board decisions. Expenditure cannot be directly set against designated resetwes bul il can be taken through the income and expenditure account. A transfer is then made from designated funds as appropriate. R8$trictod funds Restricted funds are subjected to reslrictioF)s on their 8xpendilufO imposed by the donor or through the terms of an appeal. 12 RIPON YMCA NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 2. SOCIAL HOUSING TURNOVER AND COSTS 2022 2021 Social housing lettings Seryice charges receivable Revenue grants receivable IJRSI Flestricted grants receivable 188,440 2.281 646 26,240 164,722 2.419 6.061 35,064 Total turnover from social housing lettings 217.607 208,266 Social housing activity expenditure 1216,4251 1181,2341 Operating surplu5 from social housing activities 1,182 27,032 3. OPERATING COSTS 2022 Unrestrlcted Restricted 2022 2022 Total 2022 Staff costs Facilities management Administration costs Pension fund defic(t 113.446 73.166 15.196 2,305 21,113 10,707 134,559 83,873 15,196 2,305 204.113 31,820 235,933 Housing expenditure Nonthousing expendrture 204,113 12,312 19,508 216,425 19,508 204,113 31,820 235,933 Induded I￿ administration costs is the independent examination fee of £2,130 (2021- £1,640). 13 RIPON YMCA NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 3. OPERATING COSTS 2021 Unrestricted Restrlcted 2021 2021 Total 2021 Staff costs Facilities management Administration costs Pension fund deficit 88,117 61,804 14,548 1,193 11,426 20,661 1.148 99,543 82,465 15,696 1,193 165.662 33,235 198,897 Housing expenditure Non-housillg expenditure 165,662 15,572 17,663 181,234 17,663 165,662 33,235 198,897 Included in administration costs is the independent ex8minalion fee of £1,64012020.. £4501. 14 RIPON YMCA NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 4. STAFF COSTS 2022 2021 Wages and salaries Social Security Pension Pension fund deficit Other costs 115.570 5.488 2.254 2,305 11,247 92,038 2,953 1,708 1,193 2,844 Total staff costs 136,864 100,736 Average number of employees (FTE} 4.35 3.46 Average number of employe6s There are no employees who received more than £60,000 as their employee package.12021'. no employees) 5. TRUSTEES AND KEY MANAGEMENT PERSONNEL REMUNERATION The tot81 remuneration for key management p8rsornel amounted to £33,17612021.. £33,039). The chief executiv9 is a member of a workplace pension scheme,. £76612021.. £7701 in pension conth'butions were made on behaK of the chief 8xeculive. 15 RIPON YMCA NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 6. TANGIBLE FIXED ASSETS Housing Hall area Housing Hall Area furniture & improve- property equipment ments Hall area furniture &equip Freehold Land Total Costlvaluation As al 31 March 2021 Additions 92,800 470,461 3,618 169,067 135,129 1.969 4,981 37.634 910.072 5.587 As at 31 March 2022 92,800 474,079 169,067 137,098 4,981 37,634 915,659 Depreciation Asat 31 March 2021 Depreciation charge 62,243 4,810 28,831 956 116,280 5,205 4,389 59 36,513 281 248,056 11.311 As at 31 March 2022 67,053 29.587 121,485 4,448 36,794 259,367 Net Book Value as al 31 March 2022 92.800 407.026 139.480 15,613 533 656,292 Net Book Value as al 31 March 2021 92,800 408,218 140,436 18,849 592 1,121 662,016 7. DEBTORS AND PREPAYMENTS 2022 2021 Gross social housing r8nt owed Other debtors Prepayments 10,754 13,141 12,322 700 5.036 23,895 18,058 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 Trade creditors Other creditors Other taxation and social security Accruals Pension defiut liability Deferred income 4.039 16,354 491 9,518 2,720 3,416 6,197 3,114 28,775 note 11 note 9 16,772 57,860 16 RIPON YMCA NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 9. DEFERRED INCOME Under one year Total 2021 Al 1 April 2021 Additions during the year Amaunts released to income 28,775 28.775 128,7751 128,7751 Al 31 March 2022 The deferred income relates lo grants for future perlod projects. 10. CREDITORS.. AMOUNTS FALLING DUE AFTER ONE YEAR 2022 2021 Pension deficit liability note 11 14.720 15,867 11. PENSION COMMITMENT Ripon YMCA participated in a conlribulory pension plan providing defined benefits based on final pensionable pay for employees of YMCAS England, Scotland and Wales. The assets of Ihg YMCA Pension Plan are held separatety from those of Ripon YMCA and at the year-end these were invested in the Mercer Dynamic De- risking Solution, 630A matching portfolio and 37./0 in the growih portfolio and Schroder Ipropety un¥ts only). The most recent completed three year valuation was at April 2020. The assumptions used which have the most significant effect on the results of the valuation are those relating to the assumed rates of retum on assets held before and after retirement of 2.590/y and 1.09VA respectively, the increase in pensions in payment of 2.990/0 (for RPI capped at 5,/0 pa), and the 8verage lrfe expectancy from normal retirement age lo1651 for a current male pensioner of 22.0 years, female 24.4 years, and 23.7 year for a male pensioner, female 26.1 years, retiring in 20 years lime. The resu￿ of the valuation showed that the actuarial value of the assets was £146.1 m. This represented 79'A of the benefits that had accrued to members. The pension plan was closed to new members and future seNice 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 l May2011. The valuation prepared as a11 May 2020 showed that the YMCA Pension Plan had a deficit of £39 million. Ripon YMCA has been advised that it will need lo make monthly Contributions of £223.64 from 1 May 2022. The amount is based on the currerFI actuarial assumptions las outlined above) and may vary in the futur8 as a result of actual performan￿ of the pension plan. Agreed future deficit Gonlribulions have bgen dI￿ounted using a rate of 3'/o12021..30/.l The current recovery period is 7 years commencing 1 May 2022. 17 RIPON YMCA NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 11. PENSION COMMITMENT (contlnugdl Wlthln Ono to Two Two to Flve Aftor Five Total After one year years years years more than one year Total 2021 As at 31 March 2022 2,720 2.606 7,370 4.744 14,720 17,440 As at 31 March 2021 3,114 3,121 9,364 3.382 15,867 18,981 In addition, Ripon YMCA may have over time liabilities in the event of the non-payment by other pa￿.¢1pallng YMCAS of their share of the YMCA pension plan's defiGit. It is not possible currently to quant'fy the potential amount that Ripon YMCA may be called upon to pay in the futu￿. 12. ANALYSIS OF FUNDS Balance blfwd 1 April 2021 Balance elfw 31 March 2022 Income Expenditure Transfers Unrestricted Funds General Funds Revaluation Reserve Designated Funds= Development Fund 540,345 191,340 228,437 (204,1131 564,669 191.340 30.500 30,500 Total Unrestrlcted Funds 762,185 228.437 1204.1131 786.509 Restricted Fund5 Coronavirus Community fund Tackling inequalities fund Works for you project fund NYCC grant fund Co-op local commur)ity fund S8insburys ne￿hboUrlY grant The National Lottery Fund YMCA ERF ITCSI Action for Youth Homelessness NYPFCC 6,436 2,815 6,500 1,100 373 (2,9661 12961 3,470 2,519 16,500 10.000 (1,1001 373 4,427 4,518 3,863 5,000 9,945 5,000 6,240 18,830 15731 (5,4271 {1,1371 {6,2401 114.0811 4.749 Total Rostricted Funds 17,224 55,015 131,8201 40.419 Total Funds 779,409 283,452 1235,933} 826.928 18 RIPON YMCA NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 12. ANALYSIS OF FUNDS Iconllnugdl The revaluation reserve represented the cumulative effect of revaluation of larigible fixed assets. It is Ihe difference between the nel book value ol the properties and the cost. Deslgnated funds Development Fund - funds set aside lo cover various capital projects planned. Re$trlct¥d funds Coronavifus Cofflmunity fund- funés received from Two Ridings Community Foundation for accredite employability Gourses. Tacklin9 inequalities fund - funds received from North YoH