REGISTERED CHARITY NUMBER: 305243
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
FOR
HASTINGS & ROTHER YMCA
Ashdown Hurrey
Chartered Accountant & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP
HASTINGS & ROTHER YMCA
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
|
|
Page |
|
Report of the Trustees |
1 |
to |
4 |
Statement of Trustees' Responsibilities |
|
5 |
|
Independent Examiner's Report |
|
6 |
|
Statement of Financial Activities |
|
7 |
|
Balance Sheet |
|
8 |
|
Notes to the Financial Statements |
9 |
to |
15 |
HASTINGS & ROTHER YMCA
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended31March2023.Thetrustees have
adoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities
preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and Activities for the Public Benefit
Our Mission Statement is:
"Hastings&RotherYMCAseekstoprovideawelcomingandsafeenvironmentforchildrenandyoungpeopleinour community,
acceptingallinordertoencourageself-worthandpersonaldevelopmentofeachindividualthroughqualitysupportandprovision of
imaginative affordable services."
Toachievethis,weaimtoworkalongsidepeople,bewarm,welcomingandnurturing,toproviderealsupport,to challenge
disadvantageandtorescueyoungpeopleindifficulty.Thecharityfocusesonprovidingarangeofsportsandeducational and
trainingactivitiesforchildren,youngpeopleandfamilies.Thecharityislocatedinanareaofhighdeprivation,withlowincomes and
highunemployment,soitsservicesarefoundedonrecognitionofthesecircumstancesforlocalpeople.Thecharitythereforeaims to
providelowcostandaccessibleservicesforpeopleinthelocalcommunitysothattheycanparticipateinactivitieswhich may
otherwise be beyond their means or confidence to approach.
Public benefit
ThetrusteeshavereferredtotheguidancepublishedbytheCharityCommissionregardingpublicbenefitwhenreviewingour aims
and objectives or planning our future development (section 17 of the Charities Act 2011).
Statement by the Chair - Judith Monk
TheBoardcontinuestoworkhardtomaintaintheCharity'slong-termsustainabilityandstillcloselymonitorsrevenuestreams while
this takes place.
TheYCentre,aswearelocallyknown,ishighlyregardedbythecommunityandthosewhoattendthere.Wereceive regular
compliments on the staff and activities.
Newprojectshavebeendevisedandfundingisactivelybeingsought.Fundingforrefurbishmentisdifficulttoobtainbutwe are
persistent in our efforts as the Board, staff and volunteers pull together.
TheCharitycontinuestobesolventandmovingintherightdirection.Withourdynamicteamofvolunteersandstaff,weare looking
forwardtothefuture.Weareimmenselygratefultoallourvolunteersfortheirloyaltyandhardworkwhichhasoftenbeena lifeline
in times of need.
We are also very grateful to our following funders for the year. You truly do make a huge difference in helping a community in need.
|
£ |
|
|
ASDA |
1,100 |
Groundwork UK One Stop |
750 |
B&Q |
5,000 |
Awards for All |
9,998 |
Hastings Food Network |
4,500 |
The Hedley Foundation |
1,000 |
Hastings Foreshore Trust |
5,883 |
The Knight Foundation |
1,540 |
Lions Club |
500 |
The Dept for Education HAF Funding |
14,860 |
|
|
Total |
45,131 |
|
|
Page 1
HASTINGS & ROTHER YMCA
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023
ACHIEVEMENT AND PERFORMANCE
Achievements
WewereawardedtheQueen'sAwardforVoluntaryService2022,oneofonly244Nationwideandoneofthelastactsof our
much-lovedQueenElizabethbeforeshedied.TheAwardistheequivalenttoanMBEforacharity,sowearejustifiablyproudof this
achievement.TheAwardceremonywascombinedwithagalaeveningtoallowallthestaffandvolunteerstobeproperly thanked.
TheAwardwasgivenbytheLordLieutenantofEastSussex,AndrewBlackmaninthepresenceoftheHighSheriff,thelocalMP and
Mayor of Hastings and other dignitaries.
ThisChristmaswillalsoberememberedfondlyasateamofourskaterswerechosentotakepartintheM&SChristmas TV
advertisement.
Thecharitycontinuestomaintainahealthysurplusintheaccountsandhasbeenabletohavesomestructuralworkdoneon the
building to further our inroads towards being 'greener'.
PartnershipworkingwithotherCharitieshasbeenenjoinedandisworkingwell.TheChairJudithMonkattendsmany local
partnershipmeetingstoensureourcommunitylinksaremaintained.SomecurrentpartnersareSurvivingtheStreetsandthe Art
Shackwhichislocatedwithinourgrounds.TheArtShackenjoyedprimeTVexposureforthegroundbreakingCPP,Crisp Packet
Project created and run by Pen Huston. It is now known internationally!
Performance
Theuseofourfacilitiesandbuildingscontinuestogrow.TheYMCAisopeneverydayfrom9amto10pm.Whenopenmore than
1,000 children, young people and families come to the YMCA each week to attend sports and youth work activities which included:
Rollerskating:Sportsandyouthworkactivitiesarebasedonthisincludingpartieswhichprovidesparentswiththeopportunity to
holdarollerskatingbirthdaypartyfortheirchildwhichisaffordabletofamiliesonlowincome.Trainingopportunitiesforour Junior
Volunteer Crew.
Familyskatingsession:Provideparentswithanaffordableactivitytheycansharewiththeirchildrenandthesesessions have
beenwellattended.Morefamiliesthaneverarejoiningthisactivityandthesessionsarebusywithmanyfamiliesandtheir children
forgingsupportivefriendshipsbothwithinthegroupsandwithCentrestaffandvolunteers.Moreyoungpeoplearealso attending
these events.
AfterSchoolSkate:OnThursdayafternoonhasalsodevelopedandiswellattended.Thisisawelcomerespitesessionfor parents
who are free to leave the children under our supervision or sit and enjoy a coffee from the cafe and chat amongst themselves.
SilentSkateSessions:WehaveaddedsomeSilentSkatesessionseachweekforthoseforwhomnoise,lightsandcrowds are
difficult and include a chance of sport for home educated children.
AdditionalSkateActivities:HavebeenaddedsuchasRollerHockey,RollerDerbyandArtisticRollerskatinganda Sunday
BrunchSkatesession.WehavedevelopedandbegunrunningaRampsandRailssessionforskatersneedingachallenge.The ramps
were built by staff and vol unteers during lockdowns.
SchoolHolidayProjects:Wehavebeenrunningfreeschoolholidayprojectsforupto40childrenadaywhoareonfree school
mealsorhaveotherpersonalorsocialneeds.SomeofthesehavebeenfundedthroughtheDeptforEducation'sHolidayand Food
FundingwhichwerefertoasHAFprojects.Allthechildrenalsoreceivemealsandsnacks.Threeschoolhalftermsarenotfunded by
the Dept for Education so these are fundraised by us to ensure we have continuity of provision for our families.
SupportGroups:WehavearangeoffreetoattendSupportGroupsoperatingincluding;ADHDSupportGroup,Kinship Carers
Support Group and Care for the Carers.
Dance:Wehosttwohighlysuccessfulandwellattendeddanceschoolsprovidingopportunitiesforyoungpeopletolearn,ballet, tap
and street dance skills.
JigsawNursery:WehostoneoftheJigsawGroupofhighlyregardednurserieswhichprovidesuswithasubstantialand stable
amount of revenue per annum and is an excellent high-quality resource for the Community.
Page 2
HASTINGS & ROTHER YMCA
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023
Resourcesforthecommunity:TheYMCA'sbuildingshavebeenwellusedbysportsgroupsincludingmartialarts, five-a-side
footballandfootballtraining,bandpractice,rollerderbyteams,awidevarietyofexercisegroupssuchasPilates,Zumba, Yoga,
BalletFitandAdultballetclasses.AlocalTaxiDrivergroupplayfootballherethreetimesaweektokeepfit!Childrensand Youth
Footballteamstrainindoorswithusforthecoldmonths.LocalNeighbourhoodWatchandResident'sAssociation'shavefreeuse of
meetingroomswithinourbuilding.TheAutisticSocietyalsobringsyoungpeoplewithautismtotheCentreonceaweekfor sporting
activities.TheChristmasbreakisnowusedtoprovidequalityactivitiesfreeofchargeforlocalchildrenandyoungpeople within
HAF.
FINANCIAL REVIEW
Fund-raising
Thecharityiscontinuallyresearchingsuitablefundingstreamsinadvanceofrefurbishmentwork.Muchworkhasbeen undertaken
inthisregardWearestillcontinuingwithapiecemealapproachofobtainingsmallpotsoffundstodominorworks.Weare also
continuingtofundraiserforongoingandnewlargerscaleprojects,oneofwhichwasfundedanddeliveredthisyeartothetune of
£17,000.
Reserves
Thecharityhashadenoughcashonreservetoenableittomeetitsfinancialobligations,butthisisactivelykeptlowtoensure a
maximum spend on maintenance and charitable activities.
The accounts show a surplus of £29,516 for the year.
Accountants
The accountants will be nominated and appointed at the Annual General Meeting.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Risk management
Risk assessments have been undertaken by the Trustees and any risks mitigated.
oTheHastings&RotherYMCAisaregisteredcharitynumber305243andisanUnincorporatedCharity.Firstregisteredon 29th
January 1970, the current constitution was adopted on 17th November 2006.
oTheprincipalactivityofthecharityistoprovidefacilitiesandtheundertakingofspecialisteducationandtraining,community work
and sport.
o The Trustees meet every month and have no subcommittees.
oTrusteesareappointedorre-appointedannuallyattheAnnualGeneralMeetingwhichtakesplaceinNovembereachyear.Some of
the Trustees and Volunteers have been involved with the YMCA for over 40 years. Trustees received no remuneration.
oClientfacingTrustees,staffandvolunteersaresubjecttoDisclosureandBarringService(DBS)checks.Allthestaffmembers and
volunteersaretrainedinsafeguarding,childprotection,foodhygieneandhavefirstaidcertificates.Allpaidstaffaretrained in
health and safety at work. All Policies are reviewed and updated regularly.
oTheTrusteeshaveassessedthemajorriskstowhichthecharityisexposedandaresatisfiedthatsystemsareinplaceorarein the
process of development to mitigate exposure to these risks.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
305243
Principal address
Y Sportscentre
St Pauls Road
St Leonards on Sea
East Sussex
TN37 6RS
Page 3
HASTINGS & ROTHER YMCA
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023
Trustees
S Hazelden
M W Jefferies
V B Bond
J C E Monk
C M Monk
S Hawke
Independent Examiner
Mr S R Sampson BFP FCA FCIE DChA
Ashdown Hurrey
Chartered Accountant & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP
Approved by order of the board of trustees on 22 November 2023 and signed on its behalf by:
J C E Monk - Trustee
Page 4
HASTINGS & ROTHER YMCA
STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2023
ThetrusteesareresponsibleforpreparingtheReportoftheTrusteesandthefinancialstatementsinaccordancewithapplicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
ThelawapplicabletocharitiesinEnglandandWales,theCharitiesAct2011,Charity(AccountsandReports)Regulations2008 and
theprovisionsofthetrustdeedrequiresthetrusteestopreparefinancialstatementsforeachfinancialyearwhichgiveatrue and
fairviewofthestateofaffairsofthecharityandoftheincomingresourcesandapplicationofresources,includingtheincome and
expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charity SORP;
-
make judgements and estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
Thetrusteesareresponsibleforkeepingproperaccountingrecordswhichdisclosewithreasonableaccuracyatanytimethe financial
positionofthecharityandtoenablethemtoensurethatthefinancialstatementscomplywiththeCharitiesAct2011,the Charity
(AccountsandReports)Regulations2008andtheprovisionsofthetrustdeed.Theyarealsoresponsibleforsafeguardingthe assets
of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HASTINGS & ROTHER YMCA
Independent examiner's report to the trustees of Hastings & Rother YMCA
IreporttothecharitytrusteesonmyexaminationoftheaccountsofHastings&RotherYMCA(theTrust)fortheyear ended
31 March 2023.
Responsibilities and basis of report
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewiththerequirements of
the Charities Act 2011 ('the Act').
IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutunderSection145oftheActandincarryingout my
examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattentioninconnectionwiththe examination
giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhichattentionshouldbe drawn
in this report in order to enable a proper understanding of the accounts to be reached.
Mr S R Sampson BFP FCA FCIE DChA
Ashdown Hurrey
Chartered Accountant & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP
12 January 2024
Page 6
HASTINGS & ROTHER YMCA
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023
|
|
31.3.23 |
31.3.22 |
|
|
Unrestricted |
Total |
|
|
fund |
funds |
|
Notes |
£ |
£ |
INCOME AND ENDOWMENTS FROM |
|
|
|
Donations and legacies |
|
34,720 |
41,202 |
Other trading activities |
3 |
157,640 |
113,505 |
Investment income |
4 |
11 |
- |
Other income |
5 |
4,669 |
28,777 |
Total |
|
197,040 |
183,484 |
EXPENDITURE ON |
|
|
|
Charitable activities |
|
|
|
Charitable Activities |
|
144,094 |
143,548 |
Other |
|
23,430 |
8,205 |
Total |
|
167,524 |
151,753 |
NET INCOME |
|
29,516 |
31,731 |
RECONCILIATION OF FUNDS |
|
|
|
Total funds brought forward |
|
206,347 |
174,616 |
TOTAL FUNDS CARRIED FORWARD |
|
235,863 |
206,347 |
The notes form part of these financial statements
Page 7
HASTINGS & ROTHER YMCA
BALANCE SHEET 31 MARCH 2023
31.3.23
Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
10
166,924
CURRENT ASSETS
Stocks
11
500
Debtors
12
3,190
Cash at bank and in hand
90,315
94,005
CREDITORS
Amounts falling due within one year
13
(11,066)
NET CURRENT ASSETS
82,939
TOTAL ASSETS LESS CURRENT LIABILITIES
249,863
CREDITORS
Amounts falling due after more than one year
14
(14,000)
NET ASSETS
235,863
FUNDS
16
Unrestricted funds
235,863
TOTAL FUNDS
235,863 |
31.3.22
Total
funds
£
168,740
500
9,643
67,144
77,287
(19,680)
57,607
226,347
(20,000)
206,347
206,347
206,347 |
|
|
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon22November2023andwere signed
on its behalf by:
J C E Monk - Trustee
The notes form part of these financial statements
Page 8
HASTINGS & ROTHER YMCA
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
1. STATUTORY INFORMATION
Hastings&RotherYMCAisanunincorporatedcharity,registeredinEngland&Wales.Thecharity'sregisterednumber and
registered office address can be found in the Report of the Trustees.
2. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,havebeenpreparedin accordance
withtheCharitiesSORP(FRS102)'AccountingandReportingbyCharities:StatementofRecommendedPractice applicable
tocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKand Republic
ofIreland(FRS102)(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancialstatementshavebeenprepared under
the historical cost convention.
Inpreparingthefinancialstatements,thetrusteesarerequiredtomakeanassessmentoftheabilityofthecharity to
continueasagoingconcern.Thetrusteeshavepreparedacashflowforecastandbudgetsforthecharityandagainst the
backdropoftheCOVID-19Pandemica"reversestress"testhasbeenappliedtotheforecasts,seekingtoestablishthe level
ofliquidityheadroomthecharityisexpectedtohaveduringthe12monthsfromthedateofapprovingthe financial
statements.
Onthebasisoftheseforecastsandthefactthatthecharityhassubstantialnetassets,thetrusteesareconfidentthat the
charityhasadequateresourcestocontinueinoperationalexistenceandtomeetitsliabilitiesastheyfallduefor the
foreseeablefuture.Asaresultoftheabove,thetrusteeshaveconcludedthatitremainsappropriatetoadopta going
concern basis of preparation in these financial statements.
Income
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,itis probable
that the income will be received and the amount can be measured reliably.
VoluntaryincomeisreceivedbywayofdonationandgiftsandisincludedinfullintheStatementofFinancialActivities when
receivable,unlesstherelatedexpenditurewillbeincurredinalaterperiodinwhichcasethedonationswillbe carried
forward as a creditor.
Grants,includinggrantsforthepurchaseofassets,arerecognisedinfullintheStatementofFinancialActivitiesinthe year
in which they are receivable.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommittingthecharityto that
expenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlementandtheamountof the
obligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisandhasbeenclassified under
headingsthataggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticular headings
they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery- 15% on reducing balance
Fixtures and fittings- 15% on reducing balance
Stocks
Stocksarevaluedatthelowerofcostandnetrealisablevalue,aftermakingdueallowanceforobsoleteandslow moving
items.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
continued...
Page 9
HASTINGS & ROTHER YMCA
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
2. ACCOUNTING POLICIES - continued
Fund accounting
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity.Restrictionsarise when
specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Government grants
Inaccordancewiths24ofFRS102thesearetreatedusingtheaccrualsmodelandsoarerecognisedinincomeon a
systematicbasisovertheperiodsinwhichthecompanyrecognisestherelatedcostsforwhichthegrantsareintended to
compensate.
3. OTHER TRADING ACTIVITIES
4.
5.
31.3.23
£
Session fees
72,322
Lettings
32,882
Canteen
25,436
Playgroup and creche
27,000
157,640
INVESTMENT INCOME
31.3.23
£
Interest
11
OTHER INCOME
31.3.23
£
Other income
4,669
Government grants
-
4,669
The entity has received the following from the UK government in respect of COVID 19 grants and reliefs: |
31.3.23
£
Session fees
72,322
Lettings
32,882
Canteen
25,436
Playgroup and creche
27,000
157,640
INVESTMENT INCOME
31.3.23
£
Interest
11
OTHER INCOME
31.3.23
£
Other income
4,669
Government grants
-
4,669
The entity has received the following from the UK government in respect of COVID 19 grants and reliefs: |
|
31.3.22
£
33,853
40,148
13,704
25,800
113,505
31.3.22
£
-
31.3.22
£
2,704
26,073
28,777 |
|
31.3.23 |
|
31.3.22 |
|
£ |
|
£ |
Small Business Grant Fund |
- |
|
18,079 |
Interest settlement in respect of the Bounce Back Loan Scheme (BBLS) |
- |
|
191 |
Coronavirus Job Retention Scheme (CJRS) |
- |
|
7,803 |
|
|
|
|
|
|
|
|
|
- |
|
26,073 |
|
|
|
|
There are no unfulfilled conditions or other contingencies attaching to any of the above amounts.
continued...
Page 10
HASTINGS & ROTHER YMCA
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
6. INDEPENDENT EXAMINERS' REMUNERATION
|
31.3.23 |
31.3.22 |
|
£ |
£ |
|
|
|
Fees payable to the charity's independent examiners for the independent
examination of the charity's financial statements |
1,000 |
1,000 |
|
|
|
7. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2023norfortheyear ended
31 March 2022.
Trustees' expenses
Therewerenotrustees'expensespaidfortheyearended31March2023,fortheyearended31March2022one Trustee
had travel expenses totalling £1,623 re-imbursed by the charity.
8. STAFF COSTS
The average monthly number of employees during the year was as follows:
|
31.3.23 |
31.3.22 |
Administration and centre |
10 |
8 |
No employees received emoluments in excess of £60,000. |
|
|
Staff costs contains the following items: |
|
|
31.3.23
31.3.22
Administration and centre
10
8
No employees received emoluments in excess of £60,000.
Staff costs contains the following items: |
31.3.23
31.3.22
Administration and centre
10
8
No employees received emoluments in excess of £60,000.
Staff costs contains the following items: |
31.3.23
31.3.22
Administration and centre
10
8
No employees received emoluments in excess of £60,000.
Staff costs contains the following items: |
31.3.23
31.3.22
Administration and centre
10
8
No employees received emoluments in excess of £60,000.
Staff costs contains the following items: |
|
|
|
|
|
2023 |
2022 |
|
|
£ |
£ |
|
|
|
|
|
Wages and salaries |
83,583 |
71,004 |
|
|
|
|
|
|
83,583 |
71,004 |
|
|
|
|
|
Employer's contribution to defined contribution pension schemes |
1,139 |
952 |
|
|
|
|
|
|
84,722 |
71,956 |
|
|
|
|
|
9.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
|
|
Unrestricted |
|
|
fund |
|
|
£ |
INCOME AND ENDOWMENTS FROM |
|
|
Donations and legacies |
|
41,202 |
Other trading activities |
|
113,505 |
Other income |
|
28,777 |
Total |
|
183,484 |
EXPENDITURE ON |
|
|
Charitable activities |
|
|
Charitable Activities |
|
143,548 |
Other |
|
8,205 |
|
Page 11 |
continued... |
Page 11
HASTINGS & ROTHER YMCA
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - |
continued |
|
Unrestricted |
|
fund |
|
£ |
Total |
151,753 |
NET INCOME |
31,731 |
RECONCILIATION OF FUNDS |
|
Total funds brought forward |
174,616 |
TOTAL FUNDS CARRIED FORWARD |
206,347 |
10. TANGIBLE FIXED ASSETS
11.
12.
Long
Plant and
leasehold
machinery
£
£
COST
At 1 April 2022 and 31 March 2023
156,633
22,514
DEPRECIATION
At 1 April 2022
-
20,378
Charge for year
-
320
At 31 March 2023
-
20,698
NET BOOK VALUE
At 31 March 2023
156,633
1,816
At 31 March 2022
156,633
2,136
STOCKS
Stocks
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
VAT
Prepayments and accrued income |
Fixtures
and
fittings
£
72,683
62,712
1,496
64,208
8,475
9,971
31.3.23
£
500
31.3.23
£
1,695
300
753
442
3,190 |
Totals
£
251,830 |
Totals
£
251,830 |
|
|
83,090
1,816 |
|
|
|
84,906 |
|
|
|
166,924 |
|
|
|
168,740 |
|
|
|
31.3.22
£
500
31.3.22
£
3,817
300
623
4,903
9,643 |
|
|
|
|
9,643 |
continued...
Page 12
HASTINGS & ROTHER YMCA
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
13. |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
31.3.23 |
31.3.22 |
|
|
|
£ |
£ |
|
Bank loans and overdrafts (see note 15) |
|
6,000 |
6,000 |
|
Trade creditors |
|
3,780 |
9,489 |
|
Social security and other taxes |
|
(1,665) |
725 |
|
Pension |
|
72 |
304 |
|
Accrued expenses |
|
2,879 |
3,162 |
|
|
|
11,066 |
19,680 |
14. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
|
|
|
|
|
|
31.3.23 |
31.3.22 |
|
|
|
£ |
£ |
|
Bank loans (see note 15) |
|
14,000 |
20,000 |
15. |
LOANS |
|
|
|
|
An analysis of the maturity of loans is given below: |
|
|
|
|
|
|
31.3.23 |
31.3.22 |
|
|
|
£ |
£ |
|
Amounts falling due within one year on demand: |
|
|
|
|
Bank loans |
|
6,000 |
6,000 |
|
Amounts falling between one and two years: |
|
|
|
|
Bank loans - 1-2 years |
|
6,000 |
6,000 |
|
Amounts falling due between two and five years: |
|
|
|
|
Bank loans - 2-5 years |
|
8,000 |
14,000 |
16. |
MOVEMENT IN FUNDS |
|
|
|
|
|
|
Net |
|
|
|
|
movement |
At |
|
|
At 1.4.22 |
in funds |
31.3.23 |
|
|
£ |
£ |
£ |
|
Unrestricted funds |
|
|
|
|
General fund |
206,347 |
29,516 |
235,863 |
|
TOTAL FUNDS |
206,347 |
29,516 |
235,863 |
|
Net movement in funds, included in the above are as follows: |
|
|
|
|
|
Incoming |
Resources |
Movement |
|
|
resources |
expended |
in funds |
|
|
£ |
£ |
£ |
|
Unrestricted funds |
|
|
|
|
General fund |
197,040 |
(167,524) |
29,516 |
|
TOTAL FUNDS |
197,040 |
(167,524) |
29,516 |
continued...
Page 13
HASTINGS & ROTHER YMCA
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
16. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
|
|
Net |
|
|
|
movement |
At |
|
At 1.4.21 |
in funds |
31.3.22 |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
174,616 |
31,731 |
206,347 |
TOTAL FUNDS |
174,616 |
31,731 |
206,347 |
Comparative net movement in funds, included in the above are as follows: |
|
|
|
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
183,484 |
(151,753) |
31,731 |
TOTAL FUNDS |
183,484 |
(151,753) |
31,731 |
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
TOTAL FUNDS |
Net
movement
At 1.4.21
in funds
£
£
174,616
61,247
174,616
61,247 |
At
31.3.23
£
235,863 |
|
|
235,863 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
380,524 |
(319,277) |
61,247 |
TOTAL FUNDS |
380,524 |
(319,277) |
61,247 |
continued...
Page 14
HASTINGS & ROTHER YMCA
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
17. CONTINGENT LIABILITIES
TheYMCAPensions&AssurancePlanclosedtonewmembersandnewaccrualswitheffectfrom1May2007.An actuarial
valuationoftheschemewascarriedoutasat1May2005whichidentifiedadeficitwhichtheYMCAEnglandare now
attempting to recover from all participating YMCA's.
ThefinalobligationtobepaidbyHastingsandRotherYMCAwillnotbeknownforsometimeandtheTrusteesare disputing
theexistenceofanyliability.At31March2012,theamountdemandedwas£66,544,howeverthiscouldchangeasa result
of several factors, including the legality of the charge and the basis of allocation between each YMCA.
Intheyearto31March2007,itwasdecidedthattheliabilityshouldbefullyaccruedforwithintheaccountsasa current
liability.TheTrusteeshavenowreviewedthispolicyandfeelthatitisinappropriatetoprovidefortheliabilitywithin the
accounts as it is considered only to be remote. The provision has been fully reversed in the accounts to 31 March 2011.
SinceApril2007,theYMCAPensionPlanhasbeenunabletoprovideanyproofthatHastingsandRotherYMCAhas any
liabilitytothescheme.In2013thePensionOmbudsmanhasmadearulingrelatingtooneparticularareaYMCA, however,
this was inconclusive.
ItisnowbelievedbytheTrusteesthatforthemattertobetakenanyfurther,proceedingswillneedtobeheardinthe High
Court. It is far from clear that this route will be taken.
18. RELATED PARTY DISCLOSURES
ThecharityreceivedrentalincomefromJigsawNurserytotalling£25,800duringtheyear,JigsawNurseryisowned by
Trustee; Mr M W Jefferies.
Page 15