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|Legal and administrative
information|Legal and administrative
information||
|---|---|---|
|Chairman's
report|||
|Trustees' report||3-9|
|Independent
Auditors'|report|10-13|
|Statement
of financial|activities|14|
|Balance sheet||15|
|Statement
of cash flows||16|
|Notes to the financial|statements|17-34|
|Charity|name|name|name|YMCA West Kent||||
|---|---|---|---|---|---|---|---|
|Charity|number|||803529||||
|Company||number||02512960||||
|Registered|||office|YMCA Ryder House||||
|||||1-23 Belgrave Road||||
|||||Tunbridge
Wells||||
|||||Kent||||
|||||TN1 2BP||||
|Trustees||||Mrs Ann Furminger|Chair|||
|||||Lady (Jackie) Evans||||
|||||Mrs Heather
Evernden||||
|||||Mr Mark Farrar||||
|||||Mr 3an Smith||||
|||||Mrs Geraldine
E Wenham||||
|||||Mr Jonathan
Lineker|elected|17 March 2021||
|||||Mr Dominic Scott-Maiden|elected|25 3une 2021||
|||||Mr Nicolas Heslop|elected|313anuary|2022|
|||||Mrs Helen von Trotsenburg|elected|313anuary|2022|
|||||Mrs Gemma
Buckland|elected|313anuary|2022|
|Chief Executive Office||||Mr Steven Osborne|resigned|26 October 2022||
|Independent|||auditor|Lindeyer
Francis Ferguson|Limited|||
|||||Chartered
Accountants||||
|||||North
House||||
|||||198 High Street||||
|||||Tonbridge||||
|||||Kent TN9 1BE||||
|Bankers||||HSBC UK||||
|||||100 High Street||||
|||||Tonbridge||||
|||||TN9 1AN||||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2022|2022|2022|2021|
|||Notes||6|||
|Income from:|||||||
|Donations
and|legacies|2|103,080|81,532|184,612|227,090|
|Gift received from The Bridge Trust||23|1,865,680||1,865,680||
|Corporation|||||||
|Charitable
activities||3|619,149|283,704|902,853|863,562|
|Other trading activities||4|6,595||6,595|5,509|
|Investments:|||||||
|Rental income|||18,850||18,850|12,288|
|Interest|||90||90|69|
|Total income|||2,613,444|365,236|2,978,680|1,108,518|
|Expenditure
on:|||||||
|Raising funds|||283||283|3,697|
|Charitable
activities||5|826,334|356,658|1,182,992|1,094,740|
|Total expenditure|||826,617|356,658|1,183,275|1,098,437|
|Net gains on investments|||28,981||28,981|7,600|
|Net income||9|1,815,808|8,578|1,824,386|17,681|
|Transfers between|funds|16|( 37,838)|37,838|||
|Other recognised|gains /(losses)||||||
|Actuarial
losses||15|(23,084)||( 23,084)|( 55,731)|
|Net movement
in|funds||1,754,886|46,416|1,801,302|( 38,050)|
|Reconciliation offunds:|||||||
|Total funds brought forward.|||1,267,881||1,267,881|1,305,931|
|Total funds carried forward||16|3,022,767|46,416|3,069,183|1,267,881|
##
|||||2022||2021|
|---|---|---|---|---|---|---|
|||Notes||6||6|
|Fixed assets|||||||
|Tangible assets||10||2,436,732||828,211|
|Investment
property||11||409,000||380,000|
|Investment
in subsidiary||12||2||2|
|||||2,845,734||1,208,213|
|Current assets|||||||
|Debtors||13|207,567||154,908||
|Cash at bank and in|hand||407,298||211,364||
||||614,865||366,272||
|Creditors: amounts|falling due within||||||
|one year||14|( 231,250)||( 142,566)||
|Net current assets||||383,615||223,706|
|Total assets less current liabilities||||3,229,349||1,431,919|
|Creditors: amounts|falling due after more||||||
|than one year||15||( 160,166)||( 164,038)|
|Net assets||||3,069,183||1,267,881|
|Charity funds|||||||
|Restricted funds||||46,416|||
|Unrestricted
funds||||3,022,767||1,267,881|
|Total funds||16||3,069,183||1,267,881|
##
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
||||||Notes|E|E|
|Net cash provided
by operating||activities|||A|203,205|137,785|
|Cash flows used in investing|activities:|||||||
|Purchase oftangible assets||||||( 7,361)|( 9,240)|
|Interest receivable||||||90|69|
|Net cash used in investing
activities||||||(7,271)|( 9,171)|
|Change in cash and cash equivalents|||for the year|||195,934|128,614|
|Cash and cash equivalents
at|the beginning|||ofthe year||211,364|82,750|
|Cash and cash equivalents
at the end|||ofthe year|||407,298|211,364|
|Analysis ofcash and cash equivalents:||||||||
|Cash at bank and in hand||||||407,298|211,364|
|A. Reconciliation
ofnet income||to net cash||flow from operating||||
|activities||||||||
|Net expenditure
for the year||||||||
|Asper statement ojfinancial|activities|||||1,801,302|( 38,050)|
|Adjustments
for:||||||||
|Net gains on investments||||||( 29,000)|( 7,600)|
|Less fixed assets transferred|from The Bridge Trust Corporation|||||(1,653,762)||
|Depreciation||||||52,602|40,686|
|Interest receivable||||||( 90)|(69)|
|(Increase)/ decrease
in debtors||||||( 52,659)|93,060|
|Increase
in creditors||||||84,812|49,758|
|Net cash provided
by operating||activities||||203,205|137,785|
##
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##
|Housing||Rent, services and fees for housing
related|support at YMCA Ryder House|support at YMCA Ryder House|support at YMCA Ryder House|support at YMCA Ryder House|support at YMCA Ryder House|
|---|---|---|---|---|---|---|---|
|||and rent ad service charges at the Quaker Meeting House||is|recognised||in|
|||the period to which it relates.||||||
|Training|and education|Income from service
level agreements
for|the provision|of training|||and|
|||education
is recognised
over
the
period|in
which
the||training|and||
|||education
is delivered.||||||
|Supported||Income
is recognised
to the extent
that|the
charity
has||provided||the|
|accommodation||contracted
services.
Licence charges
(from|residents)
are||recognised||as|
|||receivable,
and support
charges (from local|councils) are recognised|||in|the|
|||period
the support
services
are provided|on an accruals||basis,
Income|||
|||received
in advance ofthe provision ofservices is deferred||on a time||basis||
|||until such time as the services have been performed.||||||
##
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|Land and buildings|Between 15to 100years straight|line as per below|
|---|---|---|
|Leasehold
improvements|Shorter of100years or lease term||
|Activity equipment|5years||
|Office furniture|10years||
|Office equipment|5years||
|Motor vehicles|4years||
##
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##
|||||2022f|2021f|
|---|---|---|---|---|---|
|Coronavirus|Job|Retention|Scheme grant|5,556|46,277|
|Other Coronavirus
funding||||8,000|49,943|
|Grants and|donations|||79,762|30,270|
|Grants towards||Youth Work||77,732|90,544|
|Gift aid||||13,562|10,056|
|||||184,612|227,090|
##
|||2022
E|2021f|
|---|---|---|---|
|Housing||597,553|552,282|
|Training and education||278,6S7|311,280|
|Supported|accommodation|26,613||
|||902,853|863,562|
##
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
||||||||E|
|Furniture|stores sales||||||98|
|Other income||||||6,595|5,411|
|||||||6,595|5,509|
|Expenditure|||on charitable activities|||||
|||||Direct|Support|||
|||||costs|costs|Total|Total|
|||||2022|2022|2022|2021|
|||||E|6|6|E|
|Housing||||537,335|253,879|791,214|672,140|
|Training|and||education|182,236|86,103|268,339|305,649|
|Youth work||||57,400|27,120|84,520|116,951|
|Supported||accommodation||26,431|12,488|38,919||
|||||803,402|379,590|1,182,992|1,094,740|
|||||Note 6|Note 7|||
##
##
|6|Direct costs|||||
|---|---|---|---|---|---|
|||||2022|2021|
||Staff costs|||506,663|461,280|
||Staff recruitment|and|training etc.|19,182|9,803|
||Service charges|||115,577|113,039|
||Rent and rates|||50,352|44,452|
||Heat and light|||35,709|19,010|
||Motor vehicle expenses|||4,518|1,392|
||Repairs and maintenance|||44,658|38,116|
||Computer costs|||3,654|8,462|
||Subscriptions|||224||
||Other office costs|||18,576|14,160|
||Telephone|||1,578|637|
||Legal and professional||fees|2,711|175|
|||||803,402|710,526|
|7|Support costs|||||
|||||2022|2021|
|||||g|g|
||Staff costs|||92,986|140,309|
||Staff recruitment|and|training etc.|13,686|9,038|
||Rent and rates|||46,897|58,456|
||Heat and light|||18,844|10,253|
||Motor vehicle expenses|||5,482|1,893|
||Repairs and maintenance|||11,849|7,354|
||Computer costs|||5,117|6,145|
||Subscriptions|||503|441|
||Other office costs|||15,842|5,377|
||Insurance|||17,530|22,027|
||Telephone|||24,461|17,667|
||Marketing||||2,260|
||Bank charges|||452|390|
||Accountancy|||19,108|27,943|
||Legal and professional||fees|37,026|17,951|
||Depreciation|||52,602|40,686|
||Governance
costs|||||
||Fees paid to auditors|||11,000|10,525|
||Affiliation to national||YMCA fees|6,205|5,499|
|||||379,590|384,214|
##
##
|Staff costs|||
|---|---|---|
||2022|2022|
||E|E|
|Wages and salaries|540,291|531,692|
|Social security costs|35,437|42,556|
|Pension costs|23,921|27,341|
||599,649|601,589|
||Average number ofemployees|Average number ofemployees|(headcount|basis'|||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||No.|No.|
||Functional
staff||||41|35|
||Support staff and publicity||||2|2|
||Finance||||1|1|
|9|Net income||||||
||||||2022|2021|
||This is stated after charging:||||||
||Depreciation
oftangible|fixed assets|||52,602|51,020|
||Operating
lease expense||||49,911|101,970|
||Auditors'
remuneration|-group|||8,250|7,900|
||Auditors'
remuneration|- non-audit|||2,750|2,625|
##
##
||||Land and|Leasehold|Furniture
gi|fylotor|Total|
|---|---|---|---|---|---|---|---|
||||buildings|improvements|equipment|Vehicles||
||||g|E|g|g||
|Cost||||||||
|At 1April 2021|||880,524|233,282|241,744|81,528|1,437,078|
|Additions|||||7,361||7,361|
|Transfer - Note||23|1,711,293||42,169||1,753,462|
|At 31March|2022||2,591,817|233,282|291,274|81,528|3,197,901|
|Depreciation||||||||
|At 1April 2021|||234,922|76,396|216,021|81,528|608,867|
|Charge for the year|||24,793|16,033|11,776||52,602|
|Transfer - Note||23|62,233||37,467||99,700|
|At 31March|2022||321,948|92,429|265,264|81,528|761,169|
|Net book value||||||||
|At 31March|2022||2,269,869|140,853|26,010||2,436,732|
|At 31March|2021||645,602|156,886|25,723||828,211|
|Included
within||land buildings|is the cost|offreehold
land of6287,483 (2021:639,000).||||
|Investment|property|||||||
|||||||2022|2021|
||||||||E|
|Fair value at|1April 2021|||||380,000|372,400|
|Change
in fair value||||||29,000|7,600|
|Fair value at|31|March 2022||||409,000|380,000|
##
##
|12|Investments|in subsidiaries|||
|---|---|---|---|---|
||||2022|2022|
||||6|E|
||Investment|in West Kent YMCA Trading Limited|||
||||2|2|
|The results ofboth organisations
are shown below:|||
|---|---|---|
|West Kent YMCA Trading|2022f|2022
6|
|Turnover|231,285|71,307|
|Administrative
expenses|( 310,498)|( 200,566)|
|Other operating
income|40,090|99,274|
|Loss for the financial year|( 39,123)|( 29,985)|
|Capital and reserves|( 63,870)|( 24,748)|
##
||The Bridge Trust Corporation|The Bridge Trust Corporation|The Bridge Trust Corporation|The Bridge Trust Corporation|2022||
|---|---|---|---|---|---|---|
||Income||||208,211||
||Expenditure||||( 324,455)||
||Net gains on investments||||7,375||
||Net loss for the year||prior to transfer ofactivity||( 108,869)||
||Totalfunds||||||
|13|Debtors||||||
||||||2022|2021|
||||||E|E|
||Trade debtors||||81,167|41,552|
||Amounts
owed by|group undertakings|||82,311|57,815|
||Other debtors||||5,772||
||Prepayments
and accrued|||income|38,317|55,541|
||||||207,567|154,908|
|14|Creditors: amounts|falling due within one year|||||
||||||2022
E|2022f|
||Trade creditors||||61,112|21,692|
||Other taxation and|social||security|15,088|18,134|
||Pension
liability|||(See Note 15)|26,127|23,157|
||Other creditors||||18,531|14,697|
||Accruals and deferred||income||110,392|64,886|
||||||231,250|142,566|
##
|Creditors: amounts
falling due after one year|||
|---|---|---|
||2022f|2021
f|
|Pension
liability|160,166|164,038|
|Movements
on pension liability|||
|At 1April 2021|187,193|154,620|
|Payments
made|( 23,984)|( 23,158)|
|Actuarial
losses|23,084|55,731|
|At 31March 2022|186,293|187,193|
|Maturity analysis:|||
|Pension
liability due within one year|26,127|23,157|
|Pension
liability due in more than one|160,166|164,038|
##
##
##
|||||At1|||Transfers|At31|
|---|---|---|---|---|---|---|---|---|
|||||April||Expenditure,|between|March|
|Current year||||2021|Income|gains alosses|funds|2022|
|||||E|E|E|E|E|
|Unrestricted|funds||||||||
|General funds||||272,586|964,384|( 809,794)|( 37,838)|389,339|
|Designated funds|||||||||
|Property fund||||1,182,488|1,649,060|( 11,826)||2,819,722|
|Pensions fund||||(187,193)||900||( 186,293)|
|Total unrestricted|||funds|1,267,881|2,613,444|( 820,720)|( 37,838)|3,022,767|
|Restricted funds|||||||||
|Horizon fund|||||282,000|( 235,584)||46,416|
|8ike project|||||1,704|( 32,754)|31,050||
|Youth Work|||||77,732|( 84,520)|6,788||
|Housing Project|||||3,800|(3,800)|||
|Total restricted||funds|||365,236|( 356,658)|37,838|46,416|
|Total Charity|funds|||1,267,881|2,978,680|( 1,177,378)||3,069,183|
##
##
|||||At1||||Transfers|At31|
|---|---|---|---|---|---|---|---|---|---|
|||||April||Expenditure,||between|March|
|Prior year||||2020|income|gains|l%losses|funds|2021|
|||||E|E||||E|
|Unrestricted|funds|||||||||
|Generalfunds||||261,214|730,778|(|682,146)|( 37,260)|272,586|
|Designated funds||||||||||
|Property fund||||1,199,337|||( 16,849)||1,182,488|
|Pensions fund||||( 154,620)|||( 32,573)||( 187,193)|
|Total unrestricted|||funds|1,305,931|730,778|(|731,568)|( 37,260)|1,267,881|
|Restricted funds||||||||||
|Horizon fund|||||282,000|(|283,077)|1,077||
|Bike project|||||12,796||( 22,572)|9,776||
|Youth Work|||||90,544|(|116,951)|26,407||
|Total restricted||funds|||385,340|(|422,600)|37,260||
|Total Charity|funds|||1,305,931|1,116,118|(1,154,168)|||1,267,881|
##
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##
|Analysis ofnet assets between|funds|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|||2022f|2022f|2022f|2022|
|Fixed assets and investments||2,845,734||2,845,734|1,208,213|
|Net current assets||337,199|46,416|383,615|223,706|
|Creditors: due after more than|one year|( 160,166)||( 160,166)|( 164,038)|
|||3,022,767|46,416|3,069,183|1,267,881|
##
|||2022|2021|
|---|---|---|---|
|||f|f|
|Amounts|due:|||
|Within|one year|74,720|40,417|
|Between one and five years||266,796||
|More|than 5years|84,244||
|||425,760|40,417|
##
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|On 31January 2022 The Bridge Trust Cor
YMCA West Kent. The breakdown
ofthis|poration
enter
transfer
is show|
|---|---|
||E|
|Tangible fixed assets|1,106,179|
|Investments|5,596|
|Current assets|256,297|
|current
liabilities|(49,975)|
||1,318,097|
|Adjustment
for fair value ofproperties|547,583|
|Total value ofgift|1,865,680|
##