```
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
```