YMCA TRINITY GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
19. CREDITORS FALLING DUE AFTER ONE YEAR
Group
YMCA
2025
2024
2025
2024
£
£
£
£
Long term housing loans Long term business loans
1,315,042
865,083 635,921 110,432
1,315,042
865,083 635,921 110,432
554,773 52,044
554,773 52,044
Long term YMCA pension agreement plan
Long term deferred capital grant
8,232,806
3,561,336 8,232,806
3,561,336
10,154,665
5,172,772 10,154,665
5,172,772
Amounts included above which fall due after five years are as follows:
After five years by instalments
1,500,446
1,500,446
The five (2024: five) housing loans are repayable by instalments, the last instalments falling due in 2053, 2054, 2036, 2047, 2027 and 2039 respectively. The interest rates in force for the year ended 31 March 2025 were 9.5%, 6.635%, 7.43%, 6.2%, 6.43% and 8.32% respectively.
The bank loans are payable in monthly instalments, over 10-15 years, at a mixture of fixed and variable rates of interest ranging from 3.30%-6.35%.
The housing loans are secured by fixed charges on the individual properties. Bank loans are secured on the investment property, Haywood House.
20. RESERVES - Group
(Deficit) / Surplus for the year
As at 1 April 2024
As at 31 March 2025
Transfers
£
£
£
£
Income & expenditure reserves
11,237,842
245,586
246,996 11,730,424
Restricted reserves Respect Youth Investment Fund Total restricted reserves
10,094 311,309 321,403
- - -
(10,094) (311,309) (321,403)
- - -
Total reserves
11,559,245
245,586
(74,407)
11,730,424
RESERVES - YMCA
(Deficit) / Surplus for the year
As at 1 April 2024
As at 31 March 2025
Transfers
£
£
£
£
Income & expenditure reserves
11,389,696
476,589
321,403 12,187,688
Restricted reserves Respect Youth Investment Fund Total restricted reserves
10,094 311,309 321,403
- - -
(10,094) (311,309) (321,403)
- - -
Total reserves
11,711,099
476,589
-
12,187,688
YMCA Trinity Group 20
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