YMCA Trinity Group Annual Report 2024-25

YMCA TRINITY GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 7. OPERATING RESULTS

Group

YMCA

2025

2024

2025

2024

£

£

£

£

Depreciation on housing properties Depreciation on other assets Loss / (profit) on disposal of fixed assets

226,500 263,440 117,706 33,346

226,755 287,394 (138,532)

226,500 251,175

226,755 271,596

118,384 (138,532)

Operating lease arrangements

41,118

33,346

41,118

Auditors remuneration (including under provision): Audit of parent and group financial statements

27,500 14,500

46,730 8,428

27,500

46,730

Audit of the accounts of subsidiaries

-

-

8. TANGIBLE FIXED ASSETS - HOUSING PROPERTIES - Group and YMCA

Freehold housing properties

Long leasehold housing properties

Property development

Total

£

£

£

£

Cost At 1 April 2024

10,899,178

1,025,000

- - - - - - - - - -

11,924,178

Additions Transfers Disposals

66,432

- - -

66,432

-

-

(62,321)

(62,321)

At 31 March 2025

10,903,289

1,025,000

11,928,289

Depreciation and impairment At 1 April 2024 Depreciation charged in the year

2,737,968 211,818 (39,506)

142,277 14,682

2,880,245 226,500 (39,506)

Eliminated on disposals

- -

Transfers

-

-

At 31 March 2025

2,910,280

156,959

3,067,239

Carrying amount At 31 March 2025 At 31 March 2024

7,993,009 8,161,210

868,041 882,723

- -

8,861,050 9,043,933

Housing Property asset held with a carrying value of £3,122,883 (2024: £3,122,883) have been pledged as security for housing loans.

YMCA Trinity Group 14

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