2025-03-31-accounts - Ripon Young Men's Christian Association

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Ripon YMCA Annual Report 2024-2025 rouTM YO(•yrt WORKER

Everyone should have a fair chance to discover who they are and what they can become.

About YMCA

YMCA believes in fairness and opportunity. There are essential building blocks for a full and rewarding life: a safe home; acceptance; guidance; friendship; physical and mental health; academic support; employment skills; and access to real opportunities. Many young people have never known these things; other people have lost one or more as they grew up, but we all need them. All of us. At YMCA, we provide these critical foundations for a fresh, strong start for young people and a better quality of life in the community.

About Ripon YMCA

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.

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.

In March 2025 we launched a New Strategic Plan . Our goals, vision and mission are simplified and will keep us on track from April 2025 to March 2028.

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 2024 to 2025:

Patron Joanne Ropner LL Chair Ian Varnes Vice Chair Vacant Treasurer Anthony Pitt Board Members Jo Thackwray Rebecca Mian Yvonne Agars Vicky Hogg

CEO: Lucy Downes Bankers: HSBC, 34 Westgate, Ripon, North Yorkshire Auditors: Fortus Ltd, Equinox House, Clifton Park, Shipton Rd, York, YO30 5PA

The Ripon YMCA Board of Trustees can elect up to 10 individuals as trustees. We have a Chair, Treasurer and Vice Chair. 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.

YMCA RIPON Strategic Plan on a page Ethos a dval V•rsion at 0110512023 W• sqok We Speak To remove young people from homelessness through the provision of accomodation and address issues that prevent young people from acheiving their potential such as poor mental health. family breakdown. lack of opportunity and aspirations. We are excited about creating w¢rking partnerships and connecting with the local community We offer all young people the space they need to feel safe. respected. heard and valuled We inspire tenants. young people, partners and stakeholders by having passionate and professional approach to what wedo We advocate on bèhalf of our tenants and young people We are dedicated to serving youn8 people Wision" Ripon is a place where young people Can live safely. securely. fulfilling their potential and beingvalued members of the Community. Strategic Goals for our work betwee Oand20 To provide g¢)od quallty. safe and Secure accomodation in Ripon. helping to ensure the housing need5 of young people are appropriately met To provide our tenants with a Personlaised Support Programme to ensure they achieve their petential To work with others to ensure young people in Ripon have a¢un8 peowe achIe¥e0% tena En848ement In support Moveon rate5 IKrease¢l flnarKlal Independenre rrtbutlon royouthvwk for youn8 pe•pl Rlpon Improved <on15derKe repjrted In young people Irlyrovement In en emplo meni. ucatlon and tra nln8 OPPDrtunlLles prnved 5core5 on our Elben% scales Youn8 Jre safe healthy EEf JPtIty Sesslon olyouth work Communliy Partners Domiiorts and communlty Èttermental heatth CMwiltyPwt•yr5 People and commuttltles are more aymre of youth thDmele55ne&s and155ues ffenin8 youn8 peopl Increased emrAoyablllty Iwea5ed awareness of homelessne551ssues vement In attittu¢*e5 of the local communlty

YMCA RIPON Strategic Plan 2025 to 2028 Our Vision What we want.. Ripon to be a place where all young people feel happy, safe and secure. Honest Our Culture We are: Advocates Caring Creative Supportive Exciting Our Goals l. To provide quality, safe, secure and supported accommodation for young people in Ripon 2. To use our influence and work with others to ensure young people in Ripon have opportunities for a full and rewarding life

Chair’s Report

It has been a truly positive and progressive year for Ripon YMCA, as we have made significant strides against our strategic objectives while staying true to our mission and vision.

At the heart of all we do is our commitment to supporting young people—through high-quality youth work in our local community and by providing a safe, welcoming, and stable home for those who need it most. Our passion remains rooted in not just offering housing, but in delivering the support that enables our tenants to build confidence, develop their plans, and move forward into more independent and fulfilling lives.

Our achievements this year are only possible thanks to the dedication and compassion of our exceptional staff team, the ongoing generosity of our community, and the vital support we receive from local authority and national grant-makers, including the National Lottery Community Fund, Children in Need, and the Lloyds Bank Foundation for England and Wales, among many others. We are deeply grateful for every contribution that helps make our work possible.

As a Board of Trustees, we have focused on strengthening the foundations of our organisation. From securing financial stability and enhancing governance, to ensuring that our staff are well supported—this work has placed us in a stronger position to respond to increasing demand. Looking ahead, we are excited by the opportunity to grow and improve our facilities so we can support even more young people. Our ongoing transition to become a Charitable Incorporated Organisation (CIO) represents a pivotal step forward, enabling greater flexibility and future growth.

I would also like to extend my sincere thanks to Sean McKibben, who stepped down as Chair of the Board of Trustees during the past year. Sean’s leadership and wisdom have been instrumental in guiding Ripon YMCA to its current position of strength, and we owe him a great debt of gratitude.

Of course, the year has not been without its challenges. Yet, I have been consistently impressed by the resilience and problem-solving spirit shown by our tenants, staff, and trustees alike. Their commitment to overcoming obstacles and working together has been inspiring.

As we look to the year ahead, we know it will be both challenging and rewarding. The need for our services has never been greater. And while the pressures remain, we continue to be motivated by the incredible stories of those who move on from Ripon YMCA into the next chapter of their lives—more confident, independent, and hopeful for the future.

Thank you to everyone who has supported Ripon YMCA this past year. Together, we are making a lasting difference for young people.

Ian Varnes – Chair, Ripon YMCA

Staffing Structure as of March 2025:

Services and Activity from April 2024 to March 2025

We have seen a wide range of successes and faced a number of challenges in the year from April 2024.

Our Housing Team continue to develop their professional practice and their capacity to respond to those living with us. We are registered with Ofsted in order to provide housing for 16 and 17 year olds.

Our individualised support package for tenants responds to their needs and aspirations with a significant number of tenants having found sustained employment, education or volunteering opportunities. We find that local authority housing takes time to become available for those ready to move on, and the local private rental sector is too expensive for many.

Our Ripon Youth Matters project funded by the National Lottery Community Fund continues to develop pace. We have an exciting opportunity to learn about the needs and wants of local young people and provide exciting opportunities.

We have a small grant secured from Ripon City Council to support the Ripon Youth Work Partnership, Ripon Youth Volunteering Network and Teen Talk, alongside some community training for partner agencies. Being recognised as the leading youth work providor in Ripon

is positive and continues to contribute to our reputation and the quality of the work carried out.

I would like to celebrate our amazing volunteers, Jonty and Mandy, for their significant contribution to the work of the team. I would also like to thank the whole staff team for their hard work as we continue to flourish and work with many partners to maximise our reach for the young people we serve.

In 2020 we created a Strategic Plan which whilst followed, was far exceeded by 2024. We have now created a new plan for 2025 to 2028 that builds and embeds development and strategy to enable us to move forward.

We continue to work with several advisors to develop our capacity and who keep us striving to be the best we can be. I would like to finally thank the Board who have provided me with unwavering support over the last year, alongside the flexibility to develop and strengthen our team.

Lucy Downes - CEO Ripon YMCA

Staff Feedback – what makes you proud?

“I am proud of how we have grown as an organisation over the past year, how when we set ourselves goals and challenges, we achieve, often exceed, and learn from them”.

“I feel proud to work in an organisation where everyone works towards achieving the same high standards, we all strive to provide better, more effective and efficient working practices within our individual teams for the good of the organisation and of the community around us”.

“One of my biggest achievements this year has been improving tenant rooms and office spaces. These improvements have made a real difference for both tenants and staff, creating a more welcoming and psychological informed environment. The positive feedback from our partners shows just how impactful these changes have been, reinforcing our dedication to continuous improvement”.

“Our culture appreciates that we are all people with responsibilities commitments and feelings. I feel like my goals and ambitions are supported here, opportunities are made to utilise your skills, adaptions are made and compassion is given when needed”.

“I am proud of how the housing team, the youth team and our volunteers work together to provide support for our tenants and young people – specifically for our Cooking Social and You Matter sessions”

“ I'm proud to be part of a team that genuinely cares - for each other and for the young people we work with and support. Over the past year, we've worked together to strengthen youth engagement, creating spaces that feel safe, welcoming and empowering. The support we show one another as colleagues makes a real difference and I think that shines through in everything we do”.

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 1: 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 2024 to 2025:

We provided Supported Housing to 26 young people, 7 young people moved out within the year.
We received 39 enquiries for accommodation in the year.
We negotiated a significant increase in Supported Housing rent via Housing Benefit to include Ofsted registration, increased costs due to inflation and a more sustainable maintenance program.
We applied to Ofsted to become a registered provider for the delivery of Supported Housing for 16 and 17 year olds.
We are working closely with Childrens Social Care, in particular the Leaving Care teams to ensure our work with 16 and 17 year olds is robust and meets Ofsted standards.

ccomrnodation at Ripon YMCA in 24125 Gender New tenants Total tenants Supported Tenants moved out amily breakdown was the reason why 50% of tenants moved in OOOO 16-17 18-20 21-24 25+ Age when tenant moved .into the YMCA 7310 Number of nights accommodation provided Whilst t ey Ive with us 18h ave engaged with Mental Health Services have been employed ave volunteered have been in education or *¥aining r Average length of stay is 18 months 6 tenants moved into a positive housing situa 100% of tenants are registered with doctor and dentist 43% moved into a social housing property io

Goal 2:

To provide our tenants with a Personalised Support Programme to ensure they achieve their potential.

Progress and activity:

In 2024 to 2025:

We provided regular keywork sessions with tenants at the YMCA, weekly group work focusing on developing independent living skills.
Working with tenants we identify that finding a “managing tenancy” is one of the main reasons for contact, with the 2[nd] being “social networks and relationships” then “meaningful use of time”. These topics are taken from the Outcome Star we use with tenants to explore their needs and develop an understanding of how we can help them. It can also be used to track progress, but we don’t see the patterns you may expect (upward trends as tenants move to independence) because of a range of factors. See below for the Outcome Star template.

Housing Outcome Star – Tenants will work with their Keyworker to identify where they sit on the scale against the topics.

Goal 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.

Progress and activity:

In 2024 to 2025:

We successfully applied for several grants, trusts and donors to fund our work and have exceeded our funding expectations in the Strategic Plan.
We have developed a variety of different youth projects and have engaged over 2500 times with young people.
We delivered 166 youth work sessions in the year and staff dedicated over 561 hours of delivery.
We continue to 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.

Goal 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.

Progress and activity:

In 2024 to 2025:

We provide resources and information to local organisations around homelessness, mental health and safeguarding.
We lead and chair the Ripon Youth Work Partnership.
We enabled Teen Talk youth voice feedback and provided it to the Youth Work Partnership and Ripon City Council. A new Youth Council has started in Ripon with our support.
Our Young Leaders Group has been involved in supporting numerous community events and organisations including the Ripon Theatre Festival and Ripon Library.
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.

Youth wotk at Ri on YMCA in 24125 ••2533•• Age of young people attending io% Number of times we engaged with a young person in a session or activity 76% 14% 561 hours of staff delivery time Supported by over 50 volunteer hours We engaged with 200 individual young people in sessions 166 sessions delivered 8 young people met at the Town Hall and formed a new Ripon Youth Council The Ripon Youth Work Partnership have engaged with 48 professionals DKUGS,., DRUGS 100% said they would recommend our training toa colleague &DDI': IAMIII-: 21 people attended our partnership training in Safeguarding and Working with Young People EMPLOYMENT-;" J11101011AITiVIIIIIITYII In¢i 155ues coming up in sessions

We are grateful to the following organisations, funders and partners who have supported our work in 2024/2025.

Angela Portz The National Lottery Community Fund BBC Children in Need NYC locality fund Boroughbridge Dental Services Realitea Charles and Elsie Sykes Trust Ripon Cathedral Chapter Fund Evolve Ripon City Council Farmison Ripon Girls Group HADCA Ripon Piscatorial Association Holy Trinity Church Rotary Club of Ripon Lloyds Bank Foundation for England & Rotary Club of Ripon Rowells Wales Sainsbury’s Ripon M&S Ripon Screwfix Foundation Mary Magdalen’s Chapel, Ripon YMCA Charity Shop, Ripon Morrisons Community Champion Yorkshire Building Society

We are also grateful to the many individual donors and community supporters for their ongoing commitment to our work. We continue to receive many donations in support of our projects and in remembrance. Thank you

Treasurers Report

2024-25 has been another year of sustainable growth, as the organisation continued to build robust foundations and leverage these to grow at a manageable pace. Our housing income has grown as a result of focused work to ensure that our occupancy rates are high and our rents are sustainable.

Our financial position has improved since the prior year; free reserves have increased from £130,465 to £152,320. This means we have met our target level of free reserves, demonstrating that we continue to operate on a sustainable basis.

Total turnover for the year is £517,664 (2023-24 £415,013), this has enabled the organisation to strengthen our staffing position, to maintain and develop our buildings and their fittings, as well as to enhance our programme of activity.

This has been driven by effective fundraising, the continued generosity of the public through donations, and through effective management of costs. This year, we were in a position to buy out our historic pension liability, which puts us on a surer footing over the long term, as well as supporting us to transfer to CIO status next year.

The trustees undertook work to identify an appropriate policy for securing our long-term future, which has resulted in the transfer of £120,000 to designated funds. We now have a Property Development fund of £200,494 and an Organisation Development fund of £40,000. This has been my fourth year at the YMCA as Treasurer. It has been great to see the organisation continue to grow, manage risks appropriately, and move towards CIO status.

Anthony Pitt – Treasurer Ripon YMCA

The next pages to contain the following:

Statement of Income and Expenditure
- Statement of Financial Position

RIPON YMCA STATEMENT OF COMPREHENSIVE INCOMe YEAR ENDED 31 MARCH 2025 Resiated Totsl 2024 Unrestricted Designated Restricted 2025 2025 2025 Total 2025 Note Tumovet 426.744 90,920 517.664 415,013 Operating costs 1287.3361 I12.5() 182.3801 1382.2221 I327,32) Operating surplu5 139,408 {12,5() 8,540 135,442 87,631 Interest reCeNab and sitnil Income 10.623 10,623 369 Surp]{deficrtI fortheyeai on ordinary activitEs 150.031 {12.5() 8,540 146.065 88.(K)O Profrtlllossl on Sa of frKed assets 11171 Gain 1110551 on revaluatK>n 27.577 27,5TI 35,975 Total compr•h•n5iv• incom• Ilexpend*turel for the year 177.491 112,5061 8,540 173,525 123,975 The abcwe figures are derived from C(tinuing operations. Apwoved by the irLtstees on 16 2025 and sioned on their behaw by'.1 16

RIPON YMCA STATEMENT OF FINANCIAL POSITION YEAR ENDED 31 MARCH 2025 Restated 2024 Not• 2026 Tangible fixed assets 425,365 401.919 Current assets Debtors prepayments Cash at bafik arKI in hand 17,487 443.871 15,757 309.909 461,358 325,666 Cieditors." Amounts falling due wrthin one yeaf 116.5831 125.9051 Net current assets 444,775 299,761 Creditors." amount5 falling due afterone year Defined benefft pension liabifrty 10 15,0651 Total n•t a55etS 870,140 696,615 Reserves Income and extEndituie reseTve De5un4ted developtnent fund Deshjnated CIO futKI Re¥UtIon reserve Restricted Fund5 595,025 200,494 40,000 532,384 113,000 20,000 34,621 31,231 Total r•s•trv•s 12 870,140 698,615 The financral statements were approved and authorised for ¥ssue by the trustees on 16 Juty 2025 and signed on their behalf trry.. 17

RIPON YOUNG MEN’S CHRISTIAN ASSOCIATION (KNOWN AS RIPON YMCA)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2025

Charity Number 250986 Housing Association Number LH3651

RIPON YMCA

I N D E X	P A G E
________________
TRUSTEES REPORT	1-5
INDEPENDENT EXAMINER’S REPORT	6
STATEMENT OF COMPREHENSIVE INCOME	7
STATEMENT OF COMPREHENSIVE INCOME – 2024	8
STATEMENT OF CHANGES IN RESERVES	9
STATEMENT OF FINANCIAL POSITION	10
STATEMENT OF CASH FLOWS AND NOTES TO STATEMENT OF CASH FLOWS	11
NOTES TO THE FINANCIAL STATEMENTS	12-23
MANAGEMENT INFORMATION	24
• Detailed income and expenditure account	25

RIPON YMCA

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025

REFERENCE AND ADMINISTRATIVE INFORMATION

Charity Number

250986

Registered Address

4-5 Water Skellgate Ripon North Yorkshire HG4 1BQ

Patron

Jo Ropner LL

Trustees

Chairperson

Sean McKibben (resigned as Chair 20[th] November 2024, resigned as Trustee 2[nd] February 2025) Ian Varnes (appointed Trustee 5[th] June 2024, elected Chair 20[th] November 2024)

Treasurer Vice Chair

Anthony Pitt

Post currently vacant

Additional trustees:

Jo Thackwray Rebecca Mian Yvonne Agars Vicky Hogg

Key Management Personnel

Lucy Downes - CEO

Principal Bankers

HSBC plc 34 Westgate, Ripon, North Yorkshire

Independent Examiner

Frances Howard Fortus Limited Equinox House, Clifton Park Shipton Road York YO30 5PA

RIPON YMCA

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 CONTINUED

The trustees present their report and financial statements for the year ended 31 March 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) for Social Housing Providers 2018 and applicable accounting standards, the details are set out further in the basic of preparation and accounting policies on page 11.

Objectives

The objects of the Association arise from its acceptance of the Paris Basis 1855 incorporated into the National Statement of the Aims and Purposes of the YMCA in England, adopted at the National Assembly of the English Young Men's Christian Associations in the year 2003, namely:

"The YMCA is a Christian Movement which seeks 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 life, and to associate their efforts for the extension of His Kingdom. It welcomes into its fellowship persons of all religious faiths and of none”.

In accordance with its Christian values the YMCA stands for:

A worldwide fellowship based on the equal value of all persons
Respect and freedom for all, tolerance and understanding between people of different opinions
Active concern for the needs of the community
United effort by Christians of different traditions

As the expression of its Christian purposes the YMCA aims to:

Provide a welcome to its members for themselves in a meeting place which is theirs to share where friendships can be made and counsel sought
Develop activities which stimulate and challenge members in an environment that enables them to take responsibility to 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 of the world, of themselves and of one another

Accordingly, the objects of the Association are:

(1) 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 life, and to associate their efforts for the extension of His Kingdom.
(2) To lead young people to the Lord Jesus Christ and to fullness of life in Him.
(3) To provide or assist in the provision in the interests of social welfare of facilities for recreation and other leisure time occupation for men and women with the object of improving their conditions of life.
(4) 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.
(5) To relieve or assist in the relief of persons of all ages who are in conditions of need, hardship or distress by reason of their social, physical or, economic circumstances.
(6) To provide short term residential accommodation for persons of all ages who are in conditions of need, hardship or distress by reason of their social, physical or economic circumstances.

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 currently provides us with additional Supported Accommodation for young people in Ripon.

The trustees have due regard to the Charity Commission’s guidance on public benefit, and ensure that the activities of the organisation meet those requirements.

RIPON YMCA

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 CONTINUED

ACHIEVEMENTS AND PERFORMANCE

The objects of Ripon YMCA are to provide youth and community work within the local area. This is achieved by providing the following quality programme of work in: -

Supported housing for primarily young people aged 16-25.
Programmed projects to develop life skills and employability.
Programmed youth work for young people.

The charity’s management team have continued to build on its performance last year to improve its financial base. The additional capacity of an extended team has enabled us to develop our services in Supported Housing for young adults.

Our Youth and Community work has expanded and continues to develop the range of opportunities for young people in Ripon. Several multi-year projects are now funded providing a secure base for Youth Work in the organisation.

We continue to develop provision and are working towards our new strategic plan for 2025 - 2028.

Our 2020 to 2025 strategic plan identified 4 Goals for Ripon YMCA:

To provide good quality, safe and secure accommodation in Ripon, helping to ensure the housing needs of young people are appropriately met.
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.
Extend our influence in order to raise awareness of youth homelessness and celebrate the positive contribution of young people in our society.

VALUE FOR MONEY METRICS

This is a requirement of the Housing Association:

	2025	2024	NHF*
Business Health
Operating Margin (overall) %	26%	21%	18.2%
Operating Margin (social housing) %	20%	(7%)	19.8%
EBITDA MRI-% of interest cover	0%	0%	128%
Development & Capacity
New Supply–social housing units %	0%	0%	1.3%
New Supply – non-social housing units %	0%	0%	0.27%
Gearing %	(111%)	(82%)	45%
Outcomes
Reinvestment %	1%	1%	6.7%
Asset Management
Return on Capital Employed	14%	11%	2.8%
Operating Efficiency
Headline social housing cost per unit	£13,629	£13,578	£4,586

*figures taken from NHF report 2024

RIPON YMCA

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 CONTINUED

FINANCIAL REVIEW

The charity has made an operating surplus of £135,442 (2024: £87,631). Due to interest received and a revaluation of the buildings, the charity is showing an overall surplus of £173,525. The surplus was achieved through accurate financial planning and additional tracking of spend against grant income. Staffing costs have increased to deliver against project work and occupancy has been higher than expected.

RESERVES POLICY

The trustees have designated an extra £100,000 to the property development fund to cover various capital projects planned.

The trustees have designated an extra £20,000 to an organisation development fund for the charities governance and capacity whilst working towards an incorporation structure (CIO).

The total charity funds at the year-end were £870,140 (2024: £696,615) which includes the revaluation reserve of £nil (2024: £nil). After removing the remaining fixed assets of £425,365 (2024: £401,919), the designated fund of £240,494 (2024: £133,000), the restricted funds of £34,621 (2024: £31,231) and covering commitments of £17,340 (2024; £17,640) , this leaves free reserves at £152,320 (2024: £130,465).

The trustees have decided that free reserves should reflect 6 months of operating costs at £151,712.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Ripon YMCA is registered with the Housing Association (Number LH3651) and is a registered charity (Number 250986).

The charity adopted the model constitution of YMCA as amended 5 October 1981, 6 January 1989, 25 May 1994 and 25 May 2005.

A charitable incorporated organisation (CIO - 1180912) has been registered in November 2018 with the intention to achieve limited liability status, a form that is better suited to the charity’s development. Limited activity has been recorded in the new charity as yet. It is intended that the charity’s assets and liabilities will be transferred to this new organisation on 1 April 2026.

The trustees have undertaken an assessment and confirmed the charity’s compliance with the Governance and Financial Viability Standard.

The charity receives Health and Safety, Governance and Legal support via professional consultants. We also look to Community First Yorkshire, NCVO and YMCA E & W for compliance and governance developments. We have also started to utilise the Trusted Charity Standard.

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 annually 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

RIPON YMCA

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 CONTINUED

Trustee’s responsibilities

The trustees are responsible for preparing the report and financial statements 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 that period.

. In preparing the financial statements the trustees are required to: -
Select suitable accounting policies and apply them consistently;
Make judgements and estimates that are reasonable and prudent;
State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable it to ensure that the financial statements comply with the Housing and Regeneration Act 2008 and The Accounting Direction for private registered providers of social housing in England 2019. They have general responsibility for taking reasonable steps to safeguard the assets of the charity and detect fraud and other irregularities.

Approved by the trustees 16 July 2025 and signed on their behalf by:

…………………………………………….

Ian Varnes - Chair

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF

RIPON YMCA YEAR ENDED 31 MARCH 2025

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2025 which comprise the statement of comprehensive income, statement of changes in funds, statement of financial position, statement of cash flows and relevant notes.

Respective responsibilities of the trustees and reporting accountants

The 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 exempt from an audit. It is our responsibility to carry out procedures designed to enable us to report our opinion.

Since the Trust’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Charities Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW.

Basis of opinion

Our procedures consisted 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 procedures provide the only assurance expressed in our opinion.

Opinion

In our opinion:

the accounts for year ended 31 March 2025 are in accordance with the accounting records kept by the Registered Social Housing Provider under paragraph 135(2)(a) of the Housing and Regeneration Act 2008;
having regard only to, and on the basis of the information 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 audit of the accounts for the year ended 31 March 2025 specified in section 136(3) of the Housing and 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 2022.

Frances Howard Fortus Limited Equinox House, Clifton Park Shipton Road York YO30 5PA

16 July 2025

RIPON YMCA

STATEMENT OF COMPREHENSIVE INCOME YEAR ENDED 31 MARCH 2025

						Restated
		Unrestricted	Designated	Restricted	Total	Total
	Note	2025	2025	2025	2025	2024
		£	£	£	£	£
Turnover		426,744	-	90,920	517,664	415,013
Operating costs	3	(287,336)	(12,506)	(82,380)	(382,222)	(327,382)
		_	_	_	_	_
Operating surplus		139,408	(12,506)	8,540	135,442	87,631
Interest receivable and similar		10,623	-	-	10,623	369
income
		_	_	_	_	_
Surplus/(deficit) for the year on	ordinary	150,031	(12,506)	8,540	146,065	88,000
activities
		_	_	_	_	_
Profit/(loss) on sale of fixed		(117)	-	-	(117)	-
assets
Gain / (loss) on revaluation		27,577	-	-	27,577	35,975
		_	_	_	_	_
Total comprehensive income
/(expenditure) for the year		177,491	(12,506)	8,540	173,525	123,975
		_	_	_	_	_

The above figures are derived from continuing operations.

Approved by the trustees on 16 July 2025 and signed on their behalf by:

……………………………………………. Ian Varnes - Chair

……………………………………………. Anthony Pitt - Treasurer

RIPON YMCA

STATEMENT OF COMPREHENSIVE INCOME YEAR ENDED 31 MARCH 2024

		Restated	Restated	Restated	Restated
		Unrestricted	Restricted	Total	Total
	Note	2024	2024	2024	2023
		£	£	£	£
Turnover		365,833	49,180	415,013	271,986
Operating costs	3	(298,765)	(28,617)	(327,382)	(261,958)
		_	_	_	_
Operating surplus		67,068	20,563	87,631	10,028
Interest receivable and similar income		369	-	369	-
		_	_	_	_
Surplus/(deficit) for the year on ordinary	activities	67,437	20,563	88,000	10,028
		_	_	_	_
Gain / (loss) on revaluation		(56,825)	-	(56,825)	(171,516)
		_	_	_	_
Total comprehensive income /(expenditure)		10,612	20,563	31,175	(161,488)
for the year
		_	_	_	_

RIPON YMCA

STATEMENT OF CHANGES IN RESERVES YEAR ENDED 31 MARCH 2025

	Income and Expenditure	Designated Funds	Revaluation Reserve	Restricted Funds	Total
	£	£	£	£	£
As at 1 April 2024	595,010	133,000	30,174	31,231	789,415
Prior year adjustment	(62,626)	-	(30,174)	-	(92,800)
	______	______	______	______	__
Restated at 1 April 2024	532,384	133,000	-	31,231	696,615
Transfer	(114,850)	120,000	-	(5,150)	-
Revaluation Transfer	-	-	-	-	-
Total comprehensive	177,491	(12,506)	-	8,540	173,525
income for the period
	______	______	______	______	__
As at 31 March 2025	595,025	240,494	-	34,621	870,140

---------------- Restated 2024 -------------------

	Income and Expenditure	Designated Funds	Revaluation Reserve	Restricted Funds	Total
	£	£	£	£	£
As at 1 April 2023	571,948	63,000	1,050,174	10,668	1,695,790
2024 adjustment	-	-	(1,030,350)	-	(1,030,350)
	______	______	______	______	__
Restated at 1 April 2023	571,948	63,000	19,824	-	665,440
Transfer	(70,000)	70,000	-	-	-
Revaluation Transfer	(5,801)	-	5,801	-	-
Total comprehensive	36,237	-	(25,625)	20,563	31,175
income for the period
	______	______	______	______	__
As at 31 March 2024	532,384	133,000	-	31,231	696,615

RIPON YMCA

STATEMENT OF FINANCIAL POSITION YEAR ENDED 31 MARCH 2025

Note
Tangible fixed assets
6
Current assets
Debtors and prepayments
7
Cash at bank and in hand
Creditors: Amounts falling due within one year
8
Net current assets
Creditors: amounts falling due after one year
Defined benefit pension liability 10
Total net assets

Reserves
Income and expenditure reserve
Designated property development fund
Designated Organisational development fund
Revaluation reserve
Restricted Funds
Total reserves
12

Restated
2025
2024
£
£
425,365
401,919
17,487
15,757
443,871
309,909
__
_
461,358
325,666
(16,583)
(25,905)

444,775
299,761
-
(5,065)
_
_
870,140
696,615

595,025
532,384
200,494
113,000
40,000
20,000
-
-
34,621
31,231
_
____
870,140
696,615

The financial statements were approved and authorised for issue by the trustees on 16 July 2025 and signed on their behalf by:

……………………………………………. ……………………………………………. Ian Varnes - Chair Anthony Pitt – Treasurer

The notes on pages Page 11 to Page 21 form part of these accounts.

RIPON YMCA

STATEMENT OF CASH FLOWS YEAR ENDED 31 MARCH 2025

	Note	2025	2024
		£	£
Net cash generated from operating activities	1	135,061	102,946
Cash flow from investing activities
Payments to acquire tangible fixed assets		(11,722)	(13,828)
Interest received		10,623	369
		______	______
Net cash flow from investing activities		(1,099)	(13,459)
Net change in cash and cash equivalents		133,962	89,487
Cash and cash equivalents at 31 March 2024		309,909	220,422
		______	______
Cash and cash equivalents at 31 March 2025		443,871	309,909
Notes to the statement of cash flows
		2025	2024
		£	£
1. Net cash generated from operating activities
Surplus for the year		146,065	88,000
Interest received		(10,623)	(369)
Depreciation and loss on disposal		15,736	30,525
Decrease/(increase) in debtors		(1,730)	(12,065)
(Decrease)/increase in creditors		(14,387)	(3,145)
		______	______
Net cash flow from operating activities		135,061	102,946

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES

Statutory information

Ripon 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 Yorkshire, HG4 1BQ.

Basis of preparation

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 102), the Statement of Recommended Practice for Social Housing Providers 2018, and with the Accounting Direction for private registered providers of social housing in England 2022. The financial statements are also prepared under the requirements of the Housing and Regeneration Act 2008.

The financial statements have been prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling, which is the functional currency of the charity.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. The requirements of the SORP: Accounting by Registered Social Housing Providers 2018 relating to component accounting has not been followed by the trustees as they do not feel that it would add any benefit for the users of the accounts.

Going concern

The trustees are planning to transfer the funds and activities of the charity to the currently dormant CIO, YMCA Ripon Charitable Incorporated Organisation (Charity Number 1180912) on 1 April 2026. This transfer forms part of our strategic plan to enable us to achieve growth. We plan to transfer all staff, systems, services, assets, and liabilities and to continue to deliver our services in operation as a CIO over the long term.

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

Tangible fixed assets and depreciation

Expenditure on fixed assets costing more than £250 is capitalised.

Freehold land is not depreciated. Depreciation of other assets is calculated to write off the excess of cost over estimated residual value evenly over their expected useful lives as follows subject to annual review:

Housing property (inc. land)	2.5%	Straight line
Hall area	2.5%	Straight line
Housing furniture & equipment	25%	Reducing balance
Vehicles	25%	Reducing balance
Hall area furniture & equipment	25%	Reducing balance

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES (continued)

Revaluation Policy

The trustees have decided to obtain a commercial revaluation of the property every 5 years and to perform a revaluation using indices on an annual basis. The next commercial revaluation will take place in March 2026.

Turnover

All income is included in the statement of comprehensive income when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Grants

Income from donations and grants, including capital grants, are included in income when these are receivable, except as follows:

When donors specify that donations and grants given to the charity must be used in future accounting periods, the income is deferred until those periods.
When donors impose conditions, which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred and not included in income until the pre-conditions for use have been met.

When donors specify that donations and grants, including capital grants, are for particular restricted purposes, which do not amount to pre-conditions regarding entitlement, this income is included in income of restricted funds when receivable.

Operating costs

Expenditure is included in the statement of comprehensive income on an accrual’s basis.

Pension

Ripon YMCA participated in a multi-employer defined benefit pension plan for employees of YMCAs in England, Scotland and Wales, which was closed to new members and accruals on 30 April 2007. Due to insufficient information, the plan’s actuary has advised that it is not possible to separately identify the assets and liabilities relating to Ripon YMCA .

In October 2024 Ripon YMCA was able to discharge the liability for this pension. No further liability stands.

New members auto enrol into the NEST pension scheme. The costs are charged to the statement of comprehensive income as incurred.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Designated funds

Designated funds are part of unrestricted 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 reserves but it can be taken through the income and expenditure account. A transfer is then made from designated funds as appropriate.

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES (continued)

Restricted funds

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Our property assets are the most significant and complex balance in our accounts. Given their prominence, over the last two years we have focused on developing our accounting policy towards these, consulting with best practice in the sector. We have adopted a policy of revaluing our properties as a minimum quinquennially using an independent property expert's valuation, and of using the Nationwide House Price Index in interim periods. The trustees are of the view that the comparative / market approach used by the valuer represents the most accurate basis of valuation, given it reflects the economic benefit we could receive if selling the property.

2. SOCIAL HOUSING TURNOVER AND COSTS

	2025	2024
	£	£
Social housing lettings	371,677	276,224
Service charges receivable	3,184	3,250
	_	_
Total turnover from social housing lettings	374,861	279,474
Social housing activity expenditure (note 3)	(299,842)	(298,705)
	_	_
Operating profit/(deficit) from social housing activities	75,019	(19,231)

Void losses during the year were £24,527 (2024: £18,349).

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

3. OPERATING COSTS

Unrestricted
Designated
Restricted
2025
2025
2025
£
£
£
Staff costs
184,065
-
57,947
Management
41,259
-
-
Routine maintenance
11,899
11,334
-
Depreciation
15,736
-
-
Other costs
6,232
533
8,866
Administration costs
12,062
639
15,567
Pension fund deficit
16,083
-
-
_
_
_

287,336
12,506
82,380

Housing expenditure
287,336
12,506
-
Non-housing expenditure
-
-
82,380
_
_
_

287,336
12,506
82,380

Total
2025
£
242,012
41,259
23,233
15,736
15,631
28,268
16,083
_
382,222

299,842
82,380
_
382,222

Included in administration costs is the independent examination fee of £2,524 (2024: £2,309).

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

3. OPERATING COSTS (continued)

Unrestricted 2024 £ Staff costs 173,224 Management 38,781 Routine maintenance 28,058 Depreciation 30,527 Other costs 7,304 Administration costs 25,509 Pension fund deficit (4,638) _ 298,765 Housing expenditure 298,705 Non-housing expenditure 60 _ 298,765 STAFF COSTS Wages and salaries Social Security Pension Pension fund deficit Pension buy out Other costs Total staff costs Average number of employees (FTE) Average number of employees (Headcount)	Restricted 2024 £ 17,727 - - - 8,542 2,348 - _ 28,617 - 28,617 _ 28,617 2025 £ 209,615 12,989 4,564 2,483 13,600 14,844 _ 258,095 6.51 9	Total 2024 £ 190,951 38,781 28,058 30,527 15,846 27,857 (4,638) _ 327,382 298,705 28,677 _ 327,382 2024 £ 170,353 9,727 3,766 (4,638) - 7,105 _ 186,313 5.65 9

4. STAFF COSTS

FTE is based upon 37 hours per week.

There are no employees who received more than £60,000 as their employee package. (2024: no employees)

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

5 . TRUSTEES AND KEY MANAGEMENT PERSONNEL REMUNERATION

No trustees no any persons connected with them received any remuneration for their services to the charity, or reimbursement for expenses incurred during either year.

The total remuneration for key management personnel amounted to £43,288 (2024: £37,830).

The chief executive is a member of a workplace NEST pension scheme; £962 (2024: £920 in pension contributions were made on behalf of the chief executive.

6. TANGIBLE FIXED ASSETS

Housing
Hall area
Freehold
Housing furniture &
furniture
Land
property equipment
Vehicles
& equip
£
£
£
£
£
Cost/valuation
As at 31 March 2024
92,800
380,000
136,941
10,020
37,634
Adjustment
(92,800)
-
-
-
-

__
Restated at 1 April 2024
-
380,000
136,941
10,020
37,634
Additions
-
-
11,062
660
-
Disposals
-
-
(657)
-
-
Revaluation
-
19,331
-
-
-

____
As at 31 March 2025
-
399,331
147,346
10,680
37,634

Depreciation
As at 31 March 2024
-
-
125,306
209
37,161
Depreciation charge
-
8,246
4,754
2,618
118
Depreciation on disposal
-
-
(540)
-
-
Depreciation eliminated
-
(8,246)
-
-
-
On revaluation

As at 31 March 2025
-
-
129,520
2,827
37,279

Net book value
as at 31 March 2025
-
399,331
17,826
7,853
355

Net Book value
-
380,000
11,635
9,811
473
as at 31 March 2024

Total
£
657,395
(92,800)
564,595
11,722
(657)
19,331
594,991

162,676
15,736
(540)
(8,246)
169,626

425,365

401,919

Housing Property has been revalued using the Nationwide House Price Index. The valuation given to us is for land and property combine, where land wasn’t separated. However, previously the land had been valued in the accounts at £92,800. The original cost of the land and property was £453,732.

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

7.DEBTORS AND PREPAYMENTS Gross social housing rent owed Other debtors Prepayments 8.CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Other taxation and social security Accruals Pension deficit liability (note 11) Deferred income (note 9) 9.DEFERRED INCOME At 1 April 2024 Additions during the year Amounts released to income At 31 March 2025	_	2025 £ 4,516 105 12,866 _ 17,487 2025 £ 93 5,602 3,998 - 6,890 ____ 16,583 Total 2025 £ 9,960 6,890 (9,960) 6,890	2024 £ 3,439 95 12,223 __ 15,757 2024 £ 5,305 4,413 3,733 2,494 9,960 ____ 25,905 Total 2024 £ 9,960 9,960 (9,960) 9,960

The deferred income relates to rent received in advance (2024: grants for future period projects).

10. CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR

			2025	2024
			£	£
Pension deficit liability	(note	11)	-	5,065

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

11. PENSION COMMITMENT

Ripon YMCA participated in a contributory pension plan providing defined benefits based on final pensionable pay for employees of YMCAs England, Scotland and Wales.

The pension plan was closed to new members and future service accrual with effect from 30 April 2007. With the removal of the salary linkage for benefits, all employed deferred members became deferred members as from 1 May 2011.

In October 2024 Ripon YMCA accepted the offer to buy out of the remaining liability against this pension plan. Ripon YMCA no longer has any commitment to the scheme.

2025 Within One to Two Two to Five After Five Total After one year years years years more than one year £ £ £ £ £ As at 31 March 2025 - - - - - As at 31 March 2024 2,494 2,445 2,620 - 5,065		Total 2024 £ 5,065 7,559

12. ANALYSIS OF FUNDS

12.ANALYSIS OF FUNDS
	Restated
	Balance b/fwd					Balance c/fwd
	1 April	2024	Income	Expenditure	Transfers	31 March 2025
	£		£	£	£	£
Unrestricted Funds
General Funds	532,384		464,944	(287,453)	(114,850)	595,025
Revaluation Reserve		-	-	-	-		-
Designated Funds:
Property Development Fund	113,000		-	(12,506)	100,000	200,494
Organisational Development Fund		20,000	-	-	20,000		40,000
	______		______	______	______	______
Total Unrestricted Funds	665,384		464,944	(299,959)	5,150	835,519
Restricted Funds
Sainsburys Neighbourly Grants		1,033	-	(1,033)	-		-
BBC Children in Need		-	9,960	(7,072)	-		2,888
NYCC Locality Fund		557	-	(557)	-		-
National Lottery Community Fund;		29,641	72,340	(70,148)	-		31,833
RC Yorkshire & Humber Region
Ripon City Council		-	3,470	(3,470)	-		-
Screwfix Foundation		-	5,150	-	(5,150)		-
NYCC Stronger Communities –		-	-	(100)	-		(100)
Inspire Fund
	______		______	______	______	______
Total Restricted Funds		31,231	90,920	(82,380)	(5,150)		34,621
Total Funds	696,615		555,864	(382,339)	-	870,140

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

12. ANALYSIS OF FUNDS (continued)

The revaluation reserve represented the cumulative effect of revaluation of tangible fixed assets. It is the difference between the net book value of the properties and the cost.

Designated funds

Property Development Fund - funds set aside to cover various capital improvements and purchases.

Room refurbishments and associated items
Large building maintenance projects e.g. re-development of the hall
Professional fees associated with buildings and development

The transfer represents additional funds designated by the Trustees.

Organisation Development Fund – funds for the development of the charity’s governance and capacity. The transfer represents additional funds designated by the Trustees for this project.

Restricted funds

Sainsburys Neighbourly Grants - A grant to support education and provide food support for tenants and vulnerable young people in Ripon.

BBC Children in Need - Funding to deliver a Young Leaders programme for young people who lack opportunities to be active or to access education, skills and training.

NYC Locality Fund - Funds to support approximately 6 months of delivery of our Teen’s drop in sessionsengaging with 12-18 year olds in Ripon to provide an environment they can talk to youth workers about a wide range of issues.

National Lottery Community Fund; RC Yorkshire and Humber Region are providing 3 years of staged funding started in September 2023. The project is delivering a range of activities, early intervention opportunities, and support for young people and young adults in Ripon.

Ripon City Council Partnership Fund - Funding to support Ripon YMCA in the facilitating of 3 projects: Ripon Youth Work Partnership, Ripon Youth Volunteering Network, and the Ripon Youth Forum - Teen Talk, for 4 years.

Screwfix Foundation – Funding to support a building improvement project. The transfer represents the purchase of fixed assets.

NYCC Stronger Communities - Inspire Fund - Funding for the facilitation of a Ripon Youth Council to empower the young people in Ripon to have their voices heard. The negative balance of this fund will be eliminated by future grant income.

YMCA ERF (TCS) (2024 only) - Capacity building grant to support Ripon and Ryedale YMCA to move towards trusted charity status and develop a package of policy which can be shared across the YMCA federation.

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

12. ANALYSIS OF FUNDS (Continued)

Restated 2024

Restated 2024
	Balance b/fwd					Balance c/fwd
	1 April	2023	Income	Expenditure	Transfers	31 March 2024
	£		£	£	£	£
Unrestricted Funds
General Funds	571,948		402,177	(365,940)	(75,801)	532,384
Revaluation Reserve		19,824	-	(25,625)	5,801	-
Designated Funds:
Property Development Fund		48,000	-	-	65,000	113,000
Organisational Development Fund		15,000	-	-	5,000	20,000
	______		______	______	______	______
Total Unrestricted Funds	654,772		402,177	(391,565)	-	665,384
Restricted Funds
Sainsburys Neighbourly Grants		3,032	-	(1,999)	-	1,033
YMCA ERF (TCS)		1,413	-	(1,413)	-	-
BBC Children in Need		1,223	9,960	(11,183)	-	-
NYCC Locality Fund		5,000	1,000	(5,443)	-	557
National Lottery Community Fund;		-	34,750	(5,109)	-	29,641
RC Yorkshire & Humber Region
Ripon City Council		-	3,470	(3,470)	-	-
	______		______	______	______	______
Total Restricted Funds		10,668	49,180	(28,617)	-	31,231
Total Funds	665,440		451,357	(420,182)	-	696,615

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

13. OTHER FINANCIAL COMMITMENTS

At 31 March 2025 the charity had total commitments under non-cancellable operating leases

	2025	2024
	£	£
Within one year	2,606	2,501
Within two to five years	10,356	8,755
Over 5 years	4,378	6,384
	_____	_____
	17,340	17,640

14. RELATED PARTY TRANSACTIONS

£105 is owed by Ripon YMCA CIO (2024: £95 owed by Ripon YMCA CIO)

15. CONTINGENT LIABILITY

In 1986 and 1992, what is now known as Homes England provided grants to fund the conversion of existing property into bedsit accommodation. Homes England have an ongoing interest in the grant funded assets and instruct that they must be retained within an organisation holding Registered Provider status. If the properties were to be sold these grants would become repayable. These amount to £311,943.

16. PRIOR YEAR ADJUSTMENT

During the year it has come to the trustees attention that the property valuation included freehold land so an adjustment has been made to correct the error. (The property is on the land which previously appeared separately in the accounts) This has had the effect of:

Freehold Land fixed asset Value at 31 March 2024 Prior year adjustment Restated value at 31 March 2024	£ 92,800 (92,800) ____ -

Funds Funds at 31 March 2024 Prior year adjustment Restated funds at 31 March 2024	789,415 (92,800) ____ 696,615

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

16. PRIOR YEAR ADJUSTMENT (continued)

2024 Prior year adjustment

During the year it has come to the trustees attention that the property valuation was inaccurate so an adjustment has been made to correct the error. This has had the effect of:

Property fixed asset Value at 31 March 2023 Prior year adjustment Restated value at 31 March 2023 Funds Funds at 31 March 2023 Prior year adjustment Funds at 31 March 2024	£ 1,400,000 (1,030,350) ____ 369,650
	1,695,790 (1,030,350) ____ 665,440

The following pages do not form part of the financial statements

RIPON YMCA

INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2025

		2025		2024
	£	£	£	£
Turnover
Lettings (net of housing benefit claims)	371,677		276,224
Other Income
Room hire	5,558		1,675
Fundraising and donations	44,879		74,903
Other income	4,630		13,031
Restricted grants – non-housing	90,920		49,180
Interest received	10,623		369
		______		______
		528,287		415,382
Operating Costs
Staff costs
Salaries	222,603		180,080
Staff pension costs	4,564		3,766
Staff expenses	3,894		91
Payroll and other costs	10,951		7,014
		242,012		190,951
Facilities Management
Property repairs and decoration	21,045		25,869
Equipment and inspection costs	3,715		5,325
Equipment rental	2,189		2,189
Depreciation and loss on disposal	15,736		30,525
Council tax	10,495		10,093
Gas and electricity	15,250		12,447
Water rates	4,007		4,120
Van expenses	1,465		848
Contract cleaners	7,792		6,796
Other tenant costs	5,239		6,691
Restricted grants expenditure	8,926		8,249
Non housing costs	-		60
		95,859		113,212
Administration Costs
Printing and stationery	449		120
Telephone and IT costs	3,872		3,768
Health and safety	1,423		1,222
Event costs	36		315
Sundries	682		1,891
Insurance	7,857		6,190
Accountancy fees	2,524		2,309
Other legal and professional	11,286		11,881
Bank charges	139		161
		28,268		27,857
Pension fund repayment scheme		16,083		(4,638)
		_		_
Operating costs		382,222		327,382
		_		_
Operating surplus		146,065		88,000
		_		_

RIPON YOUNG MEN’S CHRISTIAN ASSOCIATION (KNOWN AS RIPON YMCA)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2025

Charity Number 250986 Housing Association Number LH3651

RIPON YMCA

I N D E X	P A G E
________________
TRUSTEES REPORT	1-5
INDEPENDENT EXAMINER’S REPORT	6
STATEMENT OF COMPREHENSIVE INCOME	7
STATEMENT OF COMPREHENSIVE INCOME – 2024	8
STATEMENT OF CHANGES IN RESERVES	9
STATEMENT OF FINANCIAL POSITION	10
STATEMENT OF CASH FLOWS AND NOTES TO STATEMENT OF CASH FLOWS	11
NOTES TO THE FINANCIAL STATEMENTS	12-23
MANAGEMENT INFORMATION	24
• Detailed income and expenditure account	25

RIPON YMCA

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025

REFERENCE AND ADMINISTRATIVE INFORMATION

Charity Number

250986

Registered Address

4-5 Water Skellgate Ripon North Yorkshire HG4 1BQ

Patron

Jo Ropner LL

Trustees

Chairperson

Sean McKibben (resigned as Chair 20[th] November 2024, resigned as Trustee 2[nd] February 2025) Ian Varnes (appointed Trustee 5[th] June 2024, elected Chair 20[th] November 2024)

Treasurer Vice Chair

Anthony Pitt

Post currently vacant

Additional trustees:

Jo Thackwray Rebecca Mian Yvonne Agars Vicky Hogg

Key Management Personnel

Lucy Downes - CEO

Principal Bankers

HSBC plc 34 Westgate, Ripon, North Yorkshire

Independent Examiner

Frances Howard Fortus Limited Equinox House, Clifton Park Shipton Road York YO30 5PA

RIPON YMCA

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 CONTINUED

Objectives

In accordance with its Christian values the YMCA stands for:

A worldwide fellowship based on the equal value of all persons
Respect and freedom for all, tolerance and understanding between people of different opinions
Active concern for the needs of the community
United effort by Christians of different traditions

As the expression of its Christian purposes the YMCA aims to:

Provide a welcome to its members for themselves in a meeting place which is theirs to share where friendships can be made and counsel sought
Develop activities which stimulate and challenge members in an environment that enables them to take responsibility to 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 of the world, of themselves and of one another

Accordingly, the objects of the Association are:

(1) 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 life, and to associate their efforts for the extension of His Kingdom.
(2) To lead young people to the Lord Jesus Christ and to fullness of life in Him.
(3) To provide or assist in the provision in the interests of social welfare of facilities for recreation and other leisure time occupation for men and women with the object of improving their conditions of life.
(4) 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.
(5) To relieve or assist in the relief of persons of all ages who are in conditions of need, hardship or distress by reason of their social, physical or, economic circumstances.
(6) To provide short term residential accommodation for persons of all ages who are in conditions of need, hardship or distress by reason of their social, physical or economic circumstances.

Housing Association

The trustees have due regard to the Charity Commission’s guidance on public benefit, and ensure that the activities of the organisation meet those requirements.

RIPON YMCA

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 CONTINUED

ACHIEVEMENTS AND PERFORMANCE

The objects of Ripon YMCA are to provide youth and community work within the local area. This is achieved by providing the following quality programme of work in: -

Supported housing for primarily young people aged 16-25.
Programmed projects to develop life skills and employability.
Programmed youth work for young people.

We continue to develop provision and are working towards our new strategic plan for 2025 - 2028.

Our 2020 to 2025 strategic plan identified 4 Goals for Ripon YMCA:

To provide good quality, safe and secure accommodation in Ripon, helping to ensure the housing needs of young people are appropriately met.
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.
Extend our influence in order to raise awareness of youth homelessness and celebrate the positive contribution of young people in our society.

VALUE FOR MONEY METRICS

This is a requirement of the Housing Association:

	2025	2024	NHF*
Business Health
Operating Margin (overall) %	26%	21%	18.2%
Operating Margin (social housing) %	20%	(7%)	19.8%
EBITDA MRI-% of interest cover	0%	0%	128%
Development & Capacity
New Supply–social housing units %	0%	0%	1.3%
New Supply – non-social housing units %	0%	0%	0.27%
Gearing %	(111%)	(82%)	45%
Outcomes
Reinvestment %	1%	1%	6.7%
Asset Management
Return on Capital Employed	14%	11%	2.8%
Operating Efficiency
Headline social housing cost per unit	£13,629	£13,578	£4,586

*figures taken from NHF report 2024

RIPON YMCA

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 CONTINUED

FINANCIAL REVIEW

RESERVES POLICY

The trustees have designated an extra £100,000 to the property development fund to cover various capital projects planned.

The trustees have designated an extra £20,000 to an organisation development fund for the charities governance and capacity whilst working towards an incorporation structure (CIO).

The trustees have decided that free reserves should reflect 6 months of operating costs at £151,712.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Ripon YMCA is registered with the Housing Association (Number LH3651) and is a registered charity (Number 250986).

The charity adopted the model constitution of YMCA as amended 5 October 1981, 6 January 1989, 25 May 1994 and 25 May 2005.

The trustees have undertaken an assessment and confirmed the charity’s compliance with the Governance and Financial Viability Standard.

RIPON YMCA

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 CONTINUED

Trustee’s responsibilities

The trustees are responsible for preparing the report and financial statements in accordance with applicable law and regulations.

. In preparing the financial statements the trustees are required to: -
Select suitable accounting policies and apply them consistently;
Make judgements and estimates that are reasonable and prudent;
State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business.

Approved by the trustees 16 July 2025 and signed on their behalf by:

…………………………………………….

Ian Varnes - Chair

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF

RIPON YMCA YEAR ENDED 31 MARCH 2025

Respective responsibilities of the trustees and reporting accountants

Basis of opinion

Opinion

In our opinion:

the accounts for year ended 31 March 2025 are in accordance with the accounting records kept by the Registered Social Housing Provider under paragraph 135(2)(a) of the Housing and Regeneration Act 2008;
having regard only to, and on the basis of the information 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 audit of the accounts for the year ended 31 March 2025 specified in section 136(3) of the Housing and 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 2022.

Frances Howard Fortus Limited Equinox House, Clifton Park Shipton Road York YO30 5PA

16 July 2025

RIPON YMCA

STATEMENT OF COMPREHENSIVE INCOME YEAR ENDED 31 MARCH 2025

						Restated
		Unrestricted	Designated	Restricted	Total	Total
	Note	2025	2025	2025	2025	2024
		£	£	£	£	£
Turnover		426,744	-	90,920	517,664	415,013
Operating costs	3	(287,336)	(12,506)	(82,380)	(382,222)	(327,382)
		_	_	_	_	_
Operating surplus		139,408	(12,506)	8,540	135,442	87,631
Interest receivable and similar		10,623	-	-	10,623	369
income
		_	_	_	_	_
Surplus/(deficit) for the year on	ordinary	150,031	(12,506)	8,540	146,065	88,000
activities
		_	_	_	_	_
Profit/(loss) on sale of fixed		(117)	-	-	(117)	-
assets
Gain / (loss) on revaluation		27,577	-	-	27,577	35,975
		_	_	_	_	_
Total comprehensive income
/(expenditure) for the year		177,491	(12,506)	8,540	173,525	123,975
		_	_	_	_	_

The above figures are derived from continuing operations.

Approved by the trustees on 16 July 2025 and signed on their behalf by:

……………………………………………. Ian Varnes - Chair

……………………………………………. Anthony Pitt - Treasurer

RIPON YMCA

STATEMENT OF COMPREHENSIVE INCOME YEAR ENDED 31 MARCH 2024

		Restated	Restated	Restated	Restated
		Unrestricted	Restricted	Total	Total
	Note	2024	2024	2024	2023
		£	£	£	£
Turnover		365,833	49,180	415,013	271,986
Operating costs	3	(298,765)	(28,617)	(327,382)	(261,958)
		_	_	_	_
Operating surplus		67,068	20,563	87,631	10,028
Interest receivable and similar income		369	-	369	-
		_	_	_	_
Surplus/(deficit) for the year on ordinary	activities	67,437	20,563	88,000	10,028
		_	_	_	_
Gain / (loss) on revaluation		(56,825)	-	(56,825)	(171,516)
		_	_	_	_
Total comprehensive income /(expenditure)		10,612	20,563	31,175	(161,488)
for the year
		_	_	_	_

RIPON YMCA

STATEMENT OF CHANGES IN RESERVES YEAR ENDED 31 MARCH 2025

	Income and Expenditure	Designated Funds	Revaluation Reserve	Restricted Funds	Total
	£	£	£	£	£
As at 1 April 2024	595,010	133,000	30,174	31,231	789,415
Prior year adjustment	(62,626)	-	(30,174)	-	(92,800)
	______	______	______	______	__
Restated at 1 April 2024	532,384	133,000	-	31,231	696,615
Transfer	(114,850)	120,000	-	(5,150)	-
Revaluation Transfer	-	-	-	-	-
Total comprehensive	177,491	(12,506)	-	8,540	173,525
income for the period
	______	______	______	______	__
As at 31 March 2025	595,025	240,494	-	34,621	870,140

---------------- Restated 2024 -------------------

	Income and Expenditure	Designated Funds	Revaluation Reserve	Restricted Funds	Total
	£	£	£	£	£
As at 1 April 2023	571,948	63,000	1,050,174	10,668	1,695,790
2024 adjustment	-	-	(1,030,350)	-	(1,030,350)
	______	______	______	______	__
Restated at 1 April 2023	571,948	63,000	19,824	-	665,440
Transfer	(70,000)	70,000	-	-	-
Revaluation Transfer	(5,801)	-	5,801	-	-
Total comprehensive	36,237	-	(25,625)	20,563	31,175
income for the period
	______	______	______	______	__
As at 31 March 2024	532,384	133,000	-	31,231	696,615

RIPON YMCA

STATEMENT OF FINANCIAL POSITION YEAR ENDED 31 MARCH 2025

The financial statements were approved and authorised for issue by the trustees on 16 July 2025 and signed on their behalf by:

……………………………………………. ……………………………………………. Ian Varnes - Chair Anthony Pitt – Treasurer

The notes on pages Page 11 to Page 21 form part of these accounts.

RIPON YMCA

STATEMENT OF CASH FLOWS YEAR ENDED 31 MARCH 2025

	Note	2025	2024
		£	£
Net cash generated from operating activities	1	135,061	102,946
Cash flow from investing activities
Payments to acquire tangible fixed assets		(11,722)	(13,828)
Interest received		10,623	369
		______	______
Net cash flow from investing activities		(1,099)	(13,459)
Net change in cash and cash equivalents		133,962	89,487
Cash and cash equivalents at 31 March 2024		309,909	220,422
		______	______
Cash and cash equivalents at 31 March 2025		443,871	309,909
Notes to the statement of cash flows
		2025	2024
		£	£
1. Net cash generated from operating activities
Surplus for the year		146,065	88,000
Interest received		(10,623)	(369)
Depreciation and loss on disposal		15,736	30,525
Decrease/(increase) in debtors		(1,730)	(12,065)
(Decrease)/increase in creditors		(14,387)	(3,145)
		______	______
Net cash flow from operating activities		135,061	102,946

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES

Statutory information

Ripon 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 Yorkshire, HG4 1BQ.

Basis of preparation

Going concern

Tangible fixed assets and depreciation

Expenditure on fixed assets costing more than £250 is capitalised.

Housing property (inc. land)	2.5%	Straight line
Hall area	2.5%	Straight line
Housing furniture & equipment	25%	Reducing balance
Vehicles	25%	Reducing balance
Hall area furniture & equipment	25%	Reducing balance

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES (continued)

Revaluation Policy

Turnover

All income is included in the statement of comprehensive income when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Grants

Income from donations and grants, including capital grants, are included in income when these are receivable, except as follows:

When donors specify that donations and grants given to the charity must be used in future accounting periods, the income is deferred until those periods.
When donors impose conditions, which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred and not included in income until the pre-conditions for use have been met.

Operating costs

Expenditure is included in the statement of comprehensive income on an accrual’s basis.

Pension

In October 2024 Ripon YMCA was able to discharge the liability for this pension. No further liability stands.

New members auto enrol into the NEST pension scheme. The costs are charged to the statement of comprehensive income as incurred.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Designated funds

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES (continued)

Restricted funds

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Critical accounting estimates and judgements

2. SOCIAL HOUSING TURNOVER AND COSTS

	2025	2024
	£	£
Social housing lettings	371,677	276,224
Service charges receivable	3,184	3,250
	_	_
Total turnover from social housing lettings	374,861	279,474
Social housing activity expenditure (note 3)	(299,842)	(298,705)
	_	_
Operating profit/(deficit) from social housing activities	75,019	(19,231)

Void losses during the year were £24,527 (2024: £18,349).

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

3. OPERATING COSTS

Total
2025
£
242,012
41,259
23,233
15,736
15,631
28,268
16,083
_
382,222

299,842
82,380
_
382,222

Included in administration costs is the independent examination fee of £2,524 (2024: £2,309).

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

3. OPERATING COSTS (continued)

Unrestricted 2024 £ Staff costs 173,224 Management 38,781 Routine maintenance 28,058 Depreciation 30,527 Other costs 7,304 Administration costs 25,509 Pension fund deficit (4,638) _ 298,765 Housing expenditure 298,705 Non-housing expenditure 60 _ 298,765 STAFF COSTS Wages and salaries Social Security Pension Pension fund deficit Pension buy out Other costs Total staff costs Average number of employees (FTE) Average number of employees (Headcount)	Restricted 2024 £ 17,727 - - - 8,542 2,348 - _ 28,617 - 28,617 _ 28,617 2025 £ 209,615 12,989 4,564 2,483 13,600 14,844 _ 258,095 6.51 9	Total 2024 £ 190,951 38,781 28,058 30,527 15,846 27,857 (4,638) _ 327,382 298,705 28,677 _ 327,382 2024 £ 170,353 9,727 3,766 (4,638) - 7,105 _ 186,313 5.65 9

4. STAFF COSTS

FTE is based upon 37 hours per week.

There are no employees who received more than £60,000 as their employee package. (2024: no employees)

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

5 . TRUSTEES AND KEY MANAGEMENT PERSONNEL REMUNERATION

No trustees no any persons connected with them received any remuneration for their services to the charity, or reimbursement for expenses incurred during either year.

The total remuneration for key management personnel amounted to £43,288 (2024: £37,830).

The chief executive is a member of a workplace NEST pension scheme; £962 (2024: £920 in pension contributions were made on behalf of the chief executive.

6. TANGIBLE FIXED ASSETS

Total
£
657,395
(92,800)
564,595
11,722
(657)
19,331
594,991

162,676
15,736
(540)
(8,246)
169,626

425,365

401,919

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

7.DEBTORS AND PREPAYMENTS Gross social housing rent owed Other debtors Prepayments 8.CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Other taxation and social security Accruals Pension deficit liability (note 11) Deferred income (note 9) 9.DEFERRED INCOME At 1 April 2024 Additions during the year Amounts released to income At 31 March 2025	_	2025 £ 4,516 105 12,866 _ 17,487 2025 £ 93 5,602 3,998 - 6,890 ____ 16,583 Total 2025 £ 9,960 6,890 (9,960) 6,890	2024 £ 3,439 95 12,223 __ 15,757 2024 £ 5,305 4,413 3,733 2,494 9,960 ____ 25,905 Total 2024 £ 9,960 9,960 (9,960) 9,960

The deferred income relates to rent received in advance (2024: grants for future period projects).

10. CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR

			2025	2024
			£	£
Pension deficit liability	(note	11)	-	5,065

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

11. PENSION COMMITMENT

Ripon YMCA participated in a contributory pension plan providing defined benefits based on final pensionable pay for employees of YMCAs England, Scotland and Wales.

In October 2024 Ripon YMCA accepted the offer to buy out of the remaining liability against this pension plan. Ripon YMCA no longer has any commitment to the scheme.

2025 Within One to Two Two to Five After Five Total After one year years years years more than one year £ £ £ £ £ As at 31 March 2025 - - - - - As at 31 March 2024 2,494 2,445 2,620 - 5,065		Total 2024 £ 5,065 7,559

12. ANALYSIS OF FUNDS

12.ANALYSIS OF FUNDS
	Restated
	Balance b/fwd					Balance c/fwd
	1 April	2024	Income	Expenditure	Transfers	31 March 2025
	£		£	£	£	£
Unrestricted Funds
General Funds	532,384		464,944	(287,453)	(114,850)	595,025
Revaluation Reserve		-	-	-	-		-
Designated Funds:
Property Development Fund	113,000		-	(12,506)	100,000	200,494
Organisational Development Fund		20,000	-	-	20,000		40,000
	______		______	______	______	______
Total Unrestricted Funds	665,384		464,944	(299,959)	5,150	835,519
Restricted Funds
Sainsburys Neighbourly Grants		1,033	-	(1,033)	-		-
BBC Children in Need		-	9,960	(7,072)	-		2,888
NYCC Locality Fund		557	-	(557)	-		-
National Lottery Community Fund;		29,641	72,340	(70,148)	-		31,833
RC Yorkshire & Humber Region
Ripon City Council		-	3,470	(3,470)	-		-
Screwfix Foundation		-	5,150	-	(5,150)		-
NYCC Stronger Communities –		-	-	(100)	-		(100)
Inspire Fund
	______		______	______	______	______
Total Restricted Funds		31,231	90,920	(82,380)	(5,150)		34,621
Total Funds	696,615		555,864	(382,339)	-	870,140

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

12. ANALYSIS OF FUNDS (continued)

The revaluation reserve represented the cumulative effect of revaluation of tangible fixed assets. It is the difference between the net book value of the properties and the cost.

Designated funds

Property Development Fund - funds set aside to cover various capital improvements and purchases.

Room refurbishments and associated items
Large building maintenance projects e.g. re-development of the hall
Professional fees associated with buildings and development

The transfer represents additional funds designated by the Trustees.

Organisation Development Fund – funds for the development of the charity’s governance and capacity. The transfer represents additional funds designated by the Trustees for this project.

Restricted funds

Sainsburys Neighbourly Grants - A grant to support education and provide food support for tenants and vulnerable young people in Ripon.

BBC Children in Need - Funding to deliver a Young Leaders programme for young people who lack opportunities to be active or to access education, skills and training.

Screwfix Foundation – Funding to support a building improvement project. The transfer represents the purchase of fixed assets.

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

12. ANALYSIS OF FUNDS (Continued)

Restated 2024

Restated 2024
	Balance b/fwd					Balance c/fwd
	1 April	2023	Income	Expenditure	Transfers	31 March 2024
	£		£	£	£	£
Unrestricted Funds
General Funds	571,948		402,177	(365,940)	(75,801)	532,384
Revaluation Reserve		19,824	-	(25,625)	5,801	-
Designated Funds:
Property Development Fund		48,000	-	-	65,000	113,000
Organisational Development Fund		15,000	-	-	5,000	20,000
	______		______	______	______	______
Total Unrestricted Funds	654,772		402,177	(391,565)	-	665,384
Restricted Funds
Sainsburys Neighbourly Grants		3,032	-	(1,999)	-	1,033
YMCA ERF (TCS)		1,413	-	(1,413)	-	-
BBC Children in Need		1,223	9,960	(11,183)	-	-
NYCC Locality Fund		5,000	1,000	(5,443)	-	557
National Lottery Community Fund;		-	34,750	(5,109)	-	29,641
RC Yorkshire & Humber Region
Ripon City Council		-	3,470	(3,470)	-	-
	______		______	______	______	______
Total Restricted Funds		10,668	49,180	(28,617)	-	31,231
Total Funds	665,440		451,357	(420,182)	-	696,615

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

13. OTHER FINANCIAL COMMITMENTS

At 31 March 2025 the charity had total commitments under non-cancellable operating leases

	2025	2024
	£	£
Within one year	2,606	2,501
Within two to five years	10,356	8,755
Over 5 years	4,378	6,384
	_____	_____
	17,340	17,640

14. RELATED PARTY TRANSACTIONS

£105 is owed by Ripon YMCA CIO (2024: £95 owed by Ripon YMCA CIO)

15. CONTINGENT LIABILITY

16. PRIOR YEAR ADJUSTMENT

Freehold Land fixed asset Value at 31 March 2024 Prior year adjustment Restated value at 31 March 2024	£ 92,800 (92,800) ____ -

Funds Funds at 31 March 2024 Prior year adjustment Restated funds at 31 March 2024	789,415 (92,800) ____ 696,615

RIPON YMCA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

16. PRIOR YEAR ADJUSTMENT (continued)

2024 Prior year adjustment

During the year it has come to the trustees attention that the property valuation was inaccurate so an adjustment has been made to correct the error. This has had the effect of:

Property fixed asset Value at 31 March 2023 Prior year adjustment Restated value at 31 March 2023 Funds Funds at 31 March 2023 Prior year adjustment Funds at 31 March 2024	£ 1,400,000 (1,030,350) ____ 369,650
	1,695,790 (1,030,350) ____ 665,440

The following pages do not form part of the financial statements

RIPON YMCA

INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2025

		2025		2024
	£	£	£	£
Turnover
Lettings (net of housing benefit claims)	371,677		276,224
Other Income
Room hire	5,558		1,675
Fundraising and donations	44,879		74,903
Other income	4,630		13,031
Restricted grants – non-housing	90,920		49,180
Interest received	10,623		369
		______		______
		528,287		415,382
Operating Costs
Staff costs
Salaries	222,603		180,080
Staff pension costs	4,564		3,766
Staff expenses	3,894		91
Payroll and other costs	10,951		7,014
		242,012		190,951
Facilities Management
Property repairs and decoration	21,045		25,869
Equipment and inspection costs	3,715		5,325
Equipment rental	2,189		2,189
Depreciation and loss on disposal	15,736		30,525
Council tax	10,495		10,093
Gas and electricity	15,250		12,447
Water rates	4,007		4,120
Van expenses	1,465		848
Contract cleaners	7,792		6,796
Other tenant costs	5,239		6,691
Restricted grants expenditure	8,926		8,249
Non housing costs	-		60
		95,859		113,212
Administration Costs
Printing and stationery	449		120
Telephone and IT costs	3,872		3,768
Health and safety	1,423		1,222
Event costs	36		315
Sundries	682		1,891
Insurance	7,857		6,190
Accountancy fees	2,524		2,309
Other legal and professional	11,286		11,881
Bank charges	139		161
		28,268		27,857
Pension fund repayment scheme		16,083		(4,638)
		_		_
Operating costs		382,222		327,382
		_		_
Operating surplus		146,065		88,000
		_		_