CASTLEFORD AND DISTRICT YMCA CHAIUTY REGISTRATION NUMBER 504030 TRUSTEES, REPORT AND ACCOUNTS FOR THE YEikR ENDED 31 MARCH 2024 HAIGH & CO Certified Accountants Grange Cottage Womersley Doncaster DN6 9BW
CASTLEFORD AYI D DISTRICT YMCA TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024 REFERENCE AIYD ADMINISTIL4TION Castleford and District Young Mens, Christian Association is an unincorporated association r¢gistered as a charity, number 504030. The r¢gAStered office of rhe cltty is Conmjercial StreeL Castlefor(L West Yorkshire, WFI O I DG. The charity is also known as the YMCA. The Charity Trustees who acted during the year ended 31 March 2024 were'.- Mrs Patricia Ann Baty Mr John Ibbolson Mr Philip Cawser Mr Roy Austin Details of the charity's nlain agents and advisors are as follow¥:_ BANKERS: Barclays Bank plc 5 Market Place Poniefract Wesi Yorkshire WF8 IAG SOLICITORS: Lofthouse & Co The White Hou8e 16 Wesley Street Castleford WFIO IAE 'DEPENDENT EXAMINER: Haigh & Co Certified Accountants Grange Cottage Womersley DN6 9BW PRESIDENT: Mr Roy Austin VICE PRESIDEIYT: Mr lan Instone SECRETARY: Mr Roy Austin TREASURER.. Mr lan Instone STRUCTURE, GOVERNANCE AND MANAGEMENT Th¢ Charity's ¢onstitutional matters are set out in a Trnst Deed dated 2 August 1927. Trustees are appointed as and whcn required by the Committee Membc"r8. who look to appoint an equal share from both internal and external sources. Castleford YMCA, mission is to provide a facility which supports fcllow8hip and health and wellbeing in our local community. We encourage participaiion, teamwork. respect and healthy communication, all as a means to enable individuals to have Lonfidence in their abilities, to feel a positive part of their community and to thrive. Th¢ YMCA is part of a worldwide fellowship based on the cqual value of all persons, respect and frecdom for all, tolerance and under8tanding between peopl¢ of different opinions and active concerns for the needs of the community. AIMS AND OBJECTIVES Our objectives are set to reflect our mission as above. Each year our tru81ees revi¢w our annual objectives and activities lo ensure they continue to Tetlect our aims. In carryingF Out this review the trustees have considered the charity Commission's general guidance on public benefit, the YMCA England Strategtc Plan 2022 to 2030, and the YMCA Membership Agreement Principles of Association which forn] ihe link between individual YMCA'S and the National Council. The YMCA aims to provide a welcome to members themselves in a meeting place which is theirs to share, where friendships can be made and ¢ounsel sought and develop activities which stimulat¢ and challenge its n]emb¢rs in an environment that enables them to tak¢ responsibility and fmd a sens¢ of achievement.
CASTLEFORD AND DISTRICT YMCA TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024 REFERENCE AND ADMINISTIL4TION ACHIEVEMENTS AND PERFORMANCE Castleford YMCA exists to provide opportLmitie8 for th¢ Conmiunity through the provision of activities and facilities at its small premises. The Committee h&8 continued to improve internal facilities in order to attract more members. Further investment and change plans are under consideration for 2025 to strengthen the focus on target audience of the wider YMCA Tnovement. FINANCIAL REVIEW The YMCA consider that the current level of reserves is required to maintain its current activities and to support the property. The Charity's principal source of incorne is derived from the rental of the freehold property. There were no funds mat¢rially in deficit. A professional valuation of the freehold prop¢rty was undertaken by Alison Blaza Property Services on 9 March 2018 and considered the market value of the property at that time to be £600,000. The charity has also extended a temporary rent reduction throughout 2024 of £3,000 each for two of its tenants. This has been to ease their funCIal burdcn during the testing COVID times. in an area of below average incomes. Rents are to be noMLised for 2025. Th¢ trustees are confident that their existing tenants will continue to operate and fulfil their financial obligation8 to the charity and as such ¢nable the charity to continue to op¢rate and maintain its. current level of activities. Approved on behalf ol the Trustees: Signature Full Name 'XS Dated
CASTLEFORD AND DISTRICT YMCA INDEPEIYDENT EL4MIN4ER'S REPORT TO THE TRUSTEES OF CASTLEFORD AND DISTRICT YMCA I report on the accounts of the Trust for the year ended 31 March 2024 which are set out on pages 4 to l O. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The charity's trnstees are responsible for the preparation of the accounts. The charity's trnstees consider that an audit is not requir¢d for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the 2011 Act. to follow the procedur¢s laid down in the General Dir¢ctions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and to state whether particular matters have corne to my attention. BASIS OF IIYDEPEIYDENT EXAMINER'S REPORT My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounring Tecords kept by the charity and a comparison of the accounts presented with those records. It also includ¢s consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trust¢es concerning any such matters. The procedures undertaken do not provide all the eviden¢¢ that would be required in an audit and, consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is IiEnit¢d to those matters set out in the statement below. INDEPENDENT EXAMINER?S STATEMENT In the course of Eny exan]ination, no matter has come to my attention". (i) which gives me Teasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordan¢¢ with section 130 of the 2011 Act. and to prepare accounts which accord with the accounting records and comply with the accounting requir¢ments of the 201 l Act and charities SORF FRSIO2. have not been met. or (2) to which, in my opinioffj attention should be drawn in order to enable a proper understanding of the accounts to be reached. HAIGH & CO DATED .. HAIGH & CO Grange Cottage Womersley Donea$ter DN6 9BW CERTIFIED ACCOUNTANTS AND REGISTERED AUDITORS
CASTLEFORD AND DISTRICT YMCA STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31" IVIARCH 2024 Unrestricted Notes Funds Total 2024 Total 2023 Income and Endowments from: Charitible A¢tivities Investrnents 35,748 35,748 34,968 Total Expenditure on:_ Charitible Activities Total Net movement in funds (3,007) (3,007) (3,568) Reconciliatlon of funds: Total funds brought fonvard 826 646 830 214 Total Fund Carried Forward 823 639 823 639 826 646
CASTLEFORD AND DISTRICT YMCA BALAINCE SHEET AT 31 MARCH 2024 Unrestricted Notes Funds Total 2024 Total 2023 FIXED ASSETS Tangible Assets 609,658 609,658 610.427 CURRENT ASSETS Debtors Cash at Bank Cash in Hand 2,428 219,519 63 2,428 219,519 63 2.373 217,716 191 Total Current Assets 222 010 222 010 220 280 CREDITORS: amounts falling due within one year io Net Current Assets 213 981 213 981 216219 Total Assets Less Current Liabilities 823 639 823 639 NET ASSETS FUNDS OF THE CHARITY urestrICted Funds 230,083 230,083 233,090 Revaluation Reserve 12 593 556 593 556 593 556 TOTAL FUNDS 823 639 823 639 The financial statements were approved by the Trustees on: Signed on their behalf by: Signature Print Name SAgnature Print Name
CASTLEFORD AND DISTIUCT YMCA NOTES TO THE ACCOUNTS AT 31 MARCH 2024 BASIS OF PREPARATION Basis of Accounting These financial statements hav¢ been prepared in accordance with the Statement of Recommended Practice... Accounting and Reporting by Chariti¢s preparing their accounts in accordance with the financial R¢porting Standard applicable in the UK and Republic of Ireland (FRSI 02} (effective I" January 2015) and with Charilies Act 2011. Changes to Previous Accounts No changes have b¢en made to accounts for previous years. ACCOUNTING POLICIES Recognition of Incoming Resources These are included in the Statement of Financial Activities (SOFA) when: - the charity becomes entitled to the resources; - the trustees are virtually certain they will receive th¢ resources. and the monetary value can b¢ measured with sufficient reliability. Incoming Resources with Related Expenditure Where incoming resources have relat¢d expenditure the incoming resources and related expenditure are reported gross in the SOFA. Investment Income This is included in the accounts when receivable. Expenditure This is accounted for on an accruals basis. Tangible Fixed Assets and Depreeiation Expenditure on tangible fixed assets is capitalised in the Balance Sheet at cost. The costs of minor additions or those costing below £100 are not capitalised. Fixtyres and Fittings Equipm¢nt IOO/o reducing balance 10 % reducing balance No depreciation is provided on buildings. Freehold Property A professional va]uation of the freehold propety was undertaken by Abson Blaza Property Services on 9th March 2018 and considered the markct value of the property at that time to be £600,000. Going Coneern At the time of approving the fjnancial statements the truste¢s have reasonable expectatlOlL8 thai the charity has adcquate resources to continue in operational exist¢nce for the foreseeabl¢ ture. Thus the trustees continue to adopt the going concern basis of accounting in preparing the fanCIaL statements.
CASTLEFORD AND DISTRIcf YMCA NOTES TO THE ACCOUNTS AT 31 MARCH 2024 Creditors The charity has creditors which are measured at settlement amounts less any trade discounts. Basie Flnancial Instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic fmancial instnuDents. Basic financial instruments are initially recognis¢d at transaction value and subsequently measured at their settlement value. 2.10 Debtors Debtors are rneasured on initial recognition al settlement amount after any trade discounts or amount advanced by the charity. Subsequently they are mcasured at the cash or other consideration expected to be received. 2.11 Cash at Bank Cash at bank and in hand are basic fmancial ass¢ts and include cash in hand and deposits h¢ld at call with banks.
CASTLEFORD AND DISTRICT YMCA NOTES TO THE ACCOUNTS AT 31 MARCH 2024 Income from:. Charitable Activities Notes 2024 2023 Buffet Rent Receivable Subscriptions 128 34,960 660 34,968 Investments 2024 2023 Bank Interesl r¢ceived Expendlture on:. Charitable Activilies 2024 2023 Buffet Games Expens¢8 Wages Rates and Insurance Light and Heat Repairs and Maintenance Tenancy Repairs Cleaning Telephone, Postage and Stationery Douationb Depreciation Sundry Expenses Subscriptions Independent Examiner's Fees 150 17.160 5,694 2,380 10,513 343 23.361 5,433 2,107 6,264 610 34 70 250 1,069 174 1,283 50 1,127 482 1,053 612 EXPENDITURE Trustee Expenses Truslee expenses of £245 (2023: £Nil) were reimbursed to one (2023.. None) trustee during th¢ year.
CASTLEFORD AIYD DISTRICT YMCA NOTES TO THE ACCOUNTS AT 31 MARCH 2024 STAFF COSTS 2024 2023 Gross Wages Average numb¢r of part-time equivalent employees in the year 2024 2023 Administration Cl¢aning No employee received remuneration of more than £60,000. None of the trnstees have been paid any remuneration or re1Ved any other benefits from an ¢mployment with their charity or a related entity. GRANTMAKING The charity made the following donations:_ Children with cancer 250 TANGIBLE FIXED ASSETS Freehold Pro er Furniture Fittin s Total COST OR VALUATIO Balance Brought Forward Additions Revaluations Disposals 6.153 27,668 3,856 300 631,677 300 Balance caled Fonvard 600 153 631977 ACCUMULATED DEPRECtATION io% 2,887 123 Balance Brought Forward Charge For The Year Disposals 153 18.210 946 21,250 1,069 Balance Carried Forward 153
CASTLEFORD AND DISTRICT YMCA NOTES TO THE ACCOUNTS AT 31 MARCH 2024 8J NET BOOK VALUE Brought Forward 600.000 969 610427 Carried Fonvard 600 000 609 658 REVALUATION The freehold property was revalued on 9th March 2018 by Abson Blaza Property Services who considered the mark¢t value of the property at that time to be £600,0(K). The method of valuation adopted was an approach of capitalising the market rental value of the premises. This w&8 based on the r¢nts in relation to three parts of th¢ property and a hypothetical rent in relation to the premises occupied by the charity. The ITUSt¢es are not aware of any material changes Since the last valuation. DEBTORS 2024 2023 Prepayments io CREDITORS: amounts falling due within one year 2024 2023 AccruaEs and Deferred Income li RELATED PARTY TIL4NSACTIONS There were no transactions to report during the year. 12 REVALUATION RESERVE 2024 2023 Balance Brought Fonvard 593 556 593 556 Balance caled Forward 593 556 593 556 The revaluation reserv¢ is effectively a fijrther balance of unrestricted funds, however it is shown separat¢ly (lue to its size and unrealised nature. -io-