Charlty Registration No. 100901 Company Registration No. N1069370 INorthern Ireland) LARNE YMCA (A company limited by guarantee and not having a share capital) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
LARNE YMCA CONTENTS Page Trustees, report Independent examinels report Statement of financial activities Balance sheet Notes to the financial 51alements 10-18
LARNE YMCA LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr R Tweed Mr R J Alexander MBE Dr Brian Dunn Mrs Sally Loade Mrs F M Gray Mrs Laura Steele Mr Gareth Hamilton Mrs P Bradley MT R J Elliott Mrs A E McAuley (Appointed 1 June 2023) (Appoinied 1 June 2023) (Appointed 1 June 2023) Secretary Mr Dean Nutt Charlty number 100901 Company number N1069370 Registered offlce 34A Pound Street, Larne Co Antrim BT40 1SD Independent examlner MBS Chartered Accountants 3 High Street Larne Co. Antrim BT40 1JN Sollcltors J W McNln¢h & Son Solicitors 2 Cross Street LARNE Co Antrim BT40 1JP
LARNE YMCA TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2023 The Trustees present their report and financial statements for the year ended 31 March 2023. The accounts have been prepared in accordance with the accounting policies set out in note 1 to Ihe accounts and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities= Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015)" The financial statements have been prepared in accordance wilh the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities". Statement of Recommended Practice applicable to chaTfties prèparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)" Objectives of the Charity The charities Memorandum and Articles, (M&A}, which were originally written in 1972, were reviewed and revised in 2019. The primary reasons for doing this were... 1) To add clarity and make them more accessible lo users through use of plain English and make our purposel objectives as clear as possible 2) To align Larne YMCA'S M&A wilh the M&A of other YMCA associalions to better enable joint project work and work in other geographical areas. 3) To ensure that it is clear that YMCA seNices and projects are open to all individuals and that perceived barriers are removed. 4) To enable membershipldirector roles to be open to anyone over the age of 18 who is in sympathy and agrees with Larne YMCA'S objectives. The charity commission provided consent for the change in the objectives on Ihe 10 May 2019 reference number CW1191089 The charity's objects are.. 1. To provide or assist in the provision of educalion, for people of all ages and in particular young people, with the object of developing their physical, mental and spiritual capacilies. 2. To promote healthy living including emotional, mental and spiritual well-being through the provision of information, education and activities. 3. To promote community engagement and citizenship, for young people, their families and other adults for the purpose of family support, community relations and active citizenship. 4. To relieve or assist in the relief of need experienced by people of all ages and in particular young people, who are in conditions of hardship or distress by reason of their social, physical, emotional, spiritual or economic circumstances. The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
LARNE YMCA TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2023 Achlevements and porformance Accommodation Larne YMCA is based at 34a Pound Street, Larne in purpose built accommodation which was constructed in 2000. Age and increased use have led to growing repair and maintenance demands. The Trustees ensure compliance with portable appliance testing, fixed wiring testing and testing of emergency systems. The premises and activities are appropriately insured with cover reviewed and amended as need be on an annual basis. Direct beneficlaries of Larne YMCA The direct beneficiaries of Larne YMCA are children and young people aged 4 years and above. In the main they are resident within the Larne area with a few travelling from outside the town boundary to access particular projects. Larne YMCA has three main arèas of activity'.- 1. After school 2. Autism support 3. Youth club Details of bèneficiaries and outputs during the period 1 April 2022- 31 March 2023 are outlined below.. After School Aim:. To provide accessible, affordable, high quality childcare for families in the Larne area for children aged between 4 12 years. Objectlves:. To meet the individual needs of each child To encourage diversity, equality and inclusiveness To maintain effective and positive communication with parents To maintain a high standard of service as outlined in Early Years Minimum Standards After School operates 5 days per week,. afternoons during school lerm time and full days during school holiday periods. There were 319 session5 delivered with 10,208 participants between April 2022 and March 2023. CPD included completed child protection and health and safety training. Approximately 450 volunteer hours were provided from work placement students from local High Schools and EA Funded Spark Program. Key partnerships include Parents, Peace players, PSNI, Youth Club and Autism Support. Consultations throughout the year included parents, staff and young people incorporating areas such as billing, fees, programme activities and areas for improvement I development. The service was awarded an outstanding in its annual inspection with only minor policy related recommendations.
LARNE YMCA TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2023 Autism Project Aim:. To provide a social club for young people aged 4 - 18 years in Larne who are either diagnosed as autistic or waiting for a diagnosis, enabling the development of communication, confidence and interpersonal skills. Objectives:. To offer small group sessions across the week catering for developmenlal stages and ability To work off Individual Plans for each participant, maximising support and personal development To communicate regularly with parents to inform individual and programme developments To monitor and record progress to demonstrate outcomes. The programme operales 4 evenings per week and a Saturday afternoon. Between April 2022 and March 2023 the programme delivered 250 sessions. Approxlmately 900 volunteer hours were completed. Youth Club Aim:. To create opportunities for young people aged 7 25 years to meet, connecl, build confidence and develop social. interpersonal and communication skills. Objectives:. To provide 7 generic youlh work sessions each week To consult with young people and other key stakeholders to develop small targeted pieces of work to meet the needs of service users To develop and facilitate a young leader and volunteer programme Youth club operates 5 evenings per week. This project is primarily funded by the Education Authority. 350 sessions were delivered across the year with 6,300 volunleer hours completed.
LARNE YMCA TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2023 INDIRECT BENEFICIARIES OF LARNE YMCA Parentslcarers, families and the local commL¢nity are indirect beneficiaries of Larne YMCA as follows.. A) Parentslcarers and families.. provision of additional recreation and informal education opportunities for their children and young people availabilily of safe recreational space outside the home networking with other parentslcarers opportunities to participate in events and activities access to after school childcare enabling them to work or study access to specific support in times of need B) Local community.. availability of facilities for children and young people in the area provision of Community events, volunteering opportunities, employment opportunities promolion of community action and civic pride networking with other providers, statutory agencies contribution to work in wider community through networking and partnerships support for other groups FUNDING BODIES Larne YMCA would like to take this opportunity to thank the funders of their programmes They have been very supportive over the years and have actively engaged in discussion to improve delivery programs. PUBLIC BENEFIT STATEMENT The Directorsl Trustees of Larne YMCA confirm that they have complied with their duty under the Charities Act (Northern Ireland) 2008 (the Charities Act) and The Charities (Accounls and Reports) Regulations (Northern Ireland} 2015 (the Regulations) to have regard to the Charity Commission's guidance on public benefit and Ihat the public benefit requirement has informed the activities of the Society in the year to 31 March 2023. Financial review It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and Six month's expenditure. The Trustees consider that reseNes at this level will ensure that, in Ihe event of a significant drop In funding, they will be able to continue the charily's current aolivities while consideralion is given to ways in which additional funds may be raised. This level of reserves has been maintained Ihroughout the year. The Trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
LARNE YMCA TRUSTEES, REPORT (CONTINUED){INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2023 Structur81 governanco and management The charity is a company limited by guarantee and acceptable as charitable by HM Revenue & Customs under reference XR22162. The company was incorporaled on 28 May 2008. The company was established under a Memorandum of Association which established the objects and powers of the Company, and is governed by it's Articles of Association. The Trustees, who are also the directors for the purpose of company law, and who seNed during the year and up to Ihe date of signature of the financial statements were.. Mr R Tweed Mr R J Alexander MBE Dr Brian Dunn Dr Sylvia Gourley Mrs Sally Loade Mr Roy Semple Rev. Philip Benson Mr Darren McDonagh Mrs F M Gray Mrs Laura Steele Mr Gareth Hamilton Mr Robert Loade Mrs P Bradley Mr R J Elliott Mrs A E McAuley (Resigned 10 February 2023) (Resigned 13 May 20221 (Resigned 13 May 20221 (Resigned 11 May 2022) (Appointed 16 August 2022 and resigned 22 March 2023) {Appointed 1 June 2023) (Appointed 1 Juné 20231 (Appoinled 1 June 20231 The Directors of the company are also charity trustees for Ihe purpose of charity law. Under the requirements of the Articles of Association, unless othewise determined by the company in General meeting the number of trustees shall not be less than five. One third of the trustees shall retire at each Annual General Meeting based on length of time in office. A retiring trustee shall be eligible for re-election. None of the Trustee5 has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up. The Trustees, report was approved by Ihe Board of Trustees (Directors). Mrs Laura Steele Trustee & Director Dated.. 18 December 2023
LARNE YMCA INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LARNE YMCA We report to the Tru51ees on our examination of the financial statements of Larne YMCA (the charity) for the year ended 31 March 2023. Rosponsibilities and basis of report As the Trustees of Ihe charity land also its directors for the purposes of company lawl you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act). Having satisfied ourselves that the financial slatements of the charity are not required lo be audited under Part 16 of the 2006 Act and are eligible for independent examination, we report in respect of our examination of the harity's financial statemenls carried out undér section 65{31 of the Charities (Northern Ireland) Act 2008 (the 2008 Act). In carrying out our examination we have followed all the applicable Directions given by the Charity Commission under section 6519)Ib) of the 2008 Act. Independent examiner's statemont Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 65 of the 2008 Aot. We Confirm that we are qualified to undertake the examinalion because we are members of Chartered Accountants Ireland, which is one of the listed bodies. We have completed our examination. and confirm that no matters have come to our attention in connection with the examination giving us cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act., or the financial statements do not accord with those records., or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounls give a true and fair view which is not a matter considered as part of an independent examination., or Ihe financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102). We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in Ihis report in order to enable a proper understanding of the financial statements to be reached. S Chartered Accountants 3 High Street Lafne Co. Anlrim BT40 1JN Dated.. 18 December 2023
LARNE YMCA STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 Unrestrlcted Restrlcted funds funds 2023 2023 Total Unrestricted funds 2022 Restricted funds 2022 Total 2023 2022 Notes Income from: Donations and legacies Charitable activities Investments 2,874 125,665 4,895 305,360 308,234 125,665 4,895 10,043 87,758 6,740 304,194 314,237 87,758 6.740 Total Income 133,434 305,360 438,794 104,541 304,194 408,735 enditure on: Charitable activities 162,558 295,360 457,918 122,506 275,529 398,035 Gross transfers between funds Net lexpenditure)lincome for Ihe yearl N8t movement in funds 3,852 (3,852) 129,124) 10,000 119,124) (14,113) 24,813 10,700 Fund balances at 1 April 2022 532,558 38,504 571,062 546,671 13,691 560,362 Fund balances at 31 March 2023 503,434 48,504 551,938 532,558 38,504 571,062 The statement of financial activities includes all gain5 and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
LARNE YMCA BALANCE SHEET ASAT31 MARCH 2023 2023 2022 Notes Flxed assets Tangible assets Current assets Debtors Cash at bank and in hand 10 408,181 425,411 11 17,297 132,300 22,500 130,840 149,597 153,140 Creditors: amounts falllng due wlthln one year 12 (5,840) (7,489) Net current assets 143,757 145,651 Total assets less current liabilitles 551,938 571,062 Income funds Restricted funds Unrestricted funds 48,504 503,434 38,504 532,558 551,938 571,062 The company is entitled to Ihe exemption from Ihe audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2023. The directors acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with seclion 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of ils incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable lo Ihe company. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Trustees on 18 December 2023 Mrs Laura Steele Trustee & Directoy Company Reglstratlon No. N1069370
LARNE YMCA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accounting pollcles Charity information Larne YMCA is a private company limited by guarantee incorporated in Northern Ireland. The registered offi is 34A Pound Street,, Larne. Co Antrim, BT40 1 SD. 1.1 Accountlng convèntlon The financial statements have been prepared in accordance with the charity's Igoverning docLtmentl, the Companies Act 2006 and "Accounling and Reporting by Charilies.. Statemenl of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 2019)" The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions In the SORP for charities applying FRS 102 Update Bulletin 1 not lo prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is Ihe functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cosl convention, modified lo include the revaluation of freehold properties and to include investment properties and rtain financial instruments al fair value. The principal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the financial slatements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of Ihe Truslees in furtherance of their charitable objectives. Reslricted funds are subject to specifiG conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject lo specific condilions by donors Ihat the capilal must be maintained by ihe charity. 1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and il is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of Ihe donalion, unless performance condilions require deferral of the amount. Income tax recove¥able in relation to donations received under Gift Aid or deeds of covenant is recognised at the Ilme of the donation. Legacies are recognised on receipt or OtheiSe if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a ontingent asset. 10-
LARNE YMCA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Accounllng policles (Continued) 1.5 Expenditure Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement conslitutes a financing transaction, where the debt instrument is measured al the present value of the future payments discounted al a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently Caled at amortised cost, using the effective interest rale method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or l&ss. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction prtce and subsequently measured at amortised cost using the effective interest method. 1.6 Tangible fixed assets Tangible fixed assets are inltially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valualion of assets less their residual values over their useful lives on the following bases- Freehold land and buildings Leasehold land and buildings Fixtures and fittings Motor vehicles 20/0 Straight line 10/¢ Straight line 10 % & 33.33 % straight line 250A reducing balance The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net incomel{expenditurel for the year. 1.7 Impairment of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assèts 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). 1.8 Cash and cash equivalents Cash and cash equivalenls include cash in hand, deposits held at call wilh banks, other short-temi liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Inslrumenls, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument, Financial assets and liabilitles are offset, with the net amounts presented in the financial statemen15, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on net basls or lo realise Ihe asset and sellle the liability simultaneously. 11
LARNE YMCA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Accountlng pollciès (Continued) Baslc financial assets Basic financial assets, which include debtors and Cash and bank balances, are inilially measured at transaclion price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the Iransadion is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instrumenls are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If nol, they are presented as non-current liabilities. Trade creditors are recognised inilially at transaction price and subsequenlly measured at amortised cost using the effective interest method. Derecognition of financial liabilitles Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.10 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. Critical accounting estimates and judgements In the application of Ihe charity's accounting policies, the Trustees are required to make judgements, eslimales and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions ar6 based on historical experience and other factors thal are Considered to be relevant. Actual results may differ from these estimates. The eslimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in whioh 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. 12-
LARNE YMCA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Donalions and legacies Unrestricted Restricted funds funds Tolal Unrestricted Reslricted funds funds Total 2023 2023 2023 2022 2022 2022 Donations and gifts Grants receivable 2,874 2,874 305,360 2,540 7,503 2,540 311.697 305,360 304,194 2,874 305,360 308,234 10,043 304,194 314,237 Donations and gifts Others 2,874 2,874 2,540 2,540 2.874 2,874 2,540 2,540 Grants receivable for core activities Northern Health & Social Services Trust Education Authority Children in Need Mid & East Antrim Borough Council Others Wooden Spoon Early Years The Executive Office The Big Lottery 21,224 179,570 23,171 21,224 179,570 23,171 2,500 210,673 29,365 2,500 210,673 29,365 3,761 12,634 10.000 3,761 12,634 10,000 3,073 13,583 3,073 13,583 7,503 7,503 45,000 45,000 10,000 45,000 10,000 45,000 305.360 305,360 7,503 304,194 311,697 Charitable activities 2023 2022 After school fees Youth club income 125,665 87,363 395 125,665 87.758 13-
LARNE YMCA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Investments Unreslricted Unrestricted funds funds 2023 2022 Rental income Solar panels income Interest receivable 3,6013 1,283 12 5,400 1,281 59 4,895 6.740 14-
LARNE YMCA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Charitable activitieg 2023 2022 Staff costs Depreciation and impairment Food & hospitality Rent & rates Materials and equipment Insurance Light & heat Repairs & maintenance Poslage & stationery Telephone Travel expenses Outings & events Sundry expenses Subscriplions Training 284,658 22,255 7,220 1,723 27,777 6,933 11,818 19,692 1,342 1,239 262,387 22,646 10,466 904 19,099 4,939 9,357 11,596 4,360 2,229 116 44,889 163 923 2,028 59,071 7,351 4,871 455,950 396,102 Share of governance costs (see note 7) 1,968 1,933 457,918 398,035 Analysis by fund Unrestricted funds Restricted funds 162,558 295,360 457,918 For the year ended 31 March 2022 Unrestricted funds Restricted funds 122.506 275,529 398,035 15-
LARNE YMCA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Support costs Support Governance costs costs 2023Support cosls Governance costs 2022 Legal and professional 1,968 1,968 1,933 1,933 1,968 1,968 1,933 1,933 Analysed between Charitable activities 1,968 1,968 1,933 1,933 Governance costs includes payments to the independent examiners of £960 (2022- £960) for accountancy fees. Trustees None of the Trustees lor any persons connected with them) received any remuneration or benefits from Ihe charity during the year. Employees The average monthly number of employees during the year was.. 2023 Number 2022 Number 30 29 Employment costs 2023 2022 Wages and salaries 284,658 262,387 There are no employees whose annual remuneration was greater than £60,000. 16-
LARNE YMCA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 40 Tanglble fixed assets Frèèhold land and bulldlngs L9a$ghold Flxtuyes and Motor vehl¢le5 land and flttlngs bulldlngs Total Cost At 1 April 2022 Additions 485,000 2,640 30,000 63,053 2,385 6,250 584,303 5,025 At 31 March 2023 487,640 30,000 65,438 6,250 589,328 Depreciation and impalmient At 1 April 2022 Depreciation charged in the year 106,700 9,700 3,300 300 42,753 12,227 6,139 28 158,892 22,255 At 31 March 2023 116,400 3,600 54,980 6,167 181,147 Carrying amount At 31 March 2023 371,240 26,400 10,458 83 408,181 Al 31 March 2022 378,300 26,700 20,300 111 425,411 11 Debtors 2023 2022 Amounts falllng due within one year: other debtor5 17,297 22,500 12 Creditors.. amounts falling du8 withln one year 2023 2022 Other creditors Accruals and deferred income 4,081 1,759 3,903 3,586 5,840 7,489 13 Analysls of nel assets betwèen funds Unrestricted Restrlcted funds funds 2023 2023 Total Unreslricted funds 2022 Restricted funds 2022 Total 2023 2022 Fund balances at 31 March 2023 are represented by.. Tangible assets Current assetsl(liabiliti8sl 408,181 95,253 408,181 143,757 402,726 145,651 22,685 425,411 145,651 48,504 503,434 48,504 551.938 548,377 22,685 571,062 17
LARNE YMCA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 14 Relatod paty transactions There were no disclosable related party transactions during the year12022 none). 18-