YMCA TRINITY GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 20. RESERVES (continued)
Youth Investment Fund - capital grant received for the replacement of the roof on the Cresset building. Respect - A 3 year project which supports young people to have an improved understanding of what makes a healthy relationship and what constitutes domestic violence.
21. SHARE CAPITAL
The directors are the only members of YMCA. The company is limited by guarantee, having no share capital and, in accordance with the Memorandum of Association every member is liable to contribute a sum of £1 in the event of the company being wound up.
2025
2024
Number of members: As at 1 April 2024 Joining during the year Leaving during the year As at 31 March 2025
11
11
5
- -
(5)
11
11
22. ACCOMMODATION IN MANAGEMENT
Accommodation owned/rented and managed by YMCA is as follows:
2025
2024
Supported housing: Short stay move on accommodation (3 months) Medium stay supported housing (2 years)
22
22
358 380
365 387
Total
In addition to supported housing accommodation numbers above, 33 units (2024: 33 units) for student accommodation and 26 units (2024: 26 units) for non-social housing were also owned and managed. Overall there was no volume change in social housing during the year.
23. OPERATING LEASES
The future minimum operating lease payments are as follows:
Group
YMCA
2025
2024
2025
2024
£
£
£
£
Within one year
246,374 518,229
215,749 881,935
246,374 518,229
215,749 881,935
Between two and five years
764,603
1,097,684
764,603 1,097,684
In addition to the above, The YMCA's share of commitments entered into by the joint venture company, Kirkgate Street Limited, are £2,535 per annum (increased annually by CPI) for a term of 125 years ending in March 2147.
YMCA Trinity Group 21
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