YMCA Trinity Group Annual Report 2024-25

YMCA TRINITY GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 16. DEBTORS

Group

YMCA

2025

2024

2025

2024

£

£

£

£

Trade and other debtors Rent and service charges receivable

203,282 (36,552) 141,450 494,067

570,512 (251,178) 152,782

203,282 (36,552) 72,968 494,067

570,512 (251,178) 100,661

Less: Bad debt provision

Trade debtors Other debtors

42,723

42,723

Amounts owed by joint ventures Amounts due from group undertakings

- -

- -

383,762

74,409 (74,409) 165,697

Less: provision for amount due from group undertakings

-

Prepayments and accrued income

166,841

171,146

162,322

969,087

685,985

1,279,848

628,415

Long term debtors Amounts owed by joint ventures

240,004

240,004

480,008

480,008

The amount due from group undertakings is due from The Cresset Limited. Following an external review that included an analysis of all TCL's trading areas and produced a business plan which demonstrated that the organisation can be financially sustainable in the medium term with the appropriate actions. This plan is in the process of being implemented and should ensure that the amount due is repaid over a period of time.

17. INVESTMENTS HELD AS CURRENT ASSETS

Group

YMCA

2025

2024

2025

2024

£

£

£

£

Bank deposit accounts Shares in Santander

319,980

315,033

319,980

315,033

130

130

130

130

320,110

315,163

320,110

315,163

18. CREDITORS FALLING DUE WITHIN ONE YEAR

Group

YMCA

2025

2024

2025

2024

£

£

£

£

Bank overdraft Trade creditors Housing loans Business loans

-

-

-

-

596,611

717,394

519,930

654,629

Rents and service charges in advance

-

-

-

-

40,142 71,698 57,305 64,961 137,822 428,801

19,758 67,717 57,305 295,680 113,980 341,238 502,981 10,605 -

40,142 71,698 57,305 64,961 108,812 145,243

19,758 67,717 57,305 295,680 102,341 63,112 366,873 10,605 -

YMCA pension agreement plan

Deferred capital grant

Other taxation and social security

Other creditors

Amounts due to group undertakings Accruals and deferred income Payments received on account

-

-

588,708

371,684

300

300

1,986,348

2,126,658 1,380,075

1,638,020

YMCA Trinity Group 19

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