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Financial Statement

Summary Financial Statements

 

2008/09

£

2007/08

 £

Income and Expenditure Account: Year Ended 31 March 2009

Turnover

3,221,921

3,124,496

Operating costs

(3,064,729)

(3,095,426)

Operating surplus

157,192

29,070

Exceptional item 177,792   -

Interest receivable

73,559

91,686

Interest payable

(29,084)

(42,846)

Surplus for the year

379,459

77,910

Transfer from reserves

48,159

112,446

Transfer to reserves

(86,216)

(83,706)

Revenue reserves brought forward

978,764

872,114

Revenue reserves carried forward

1,320,166

987,764

 

 

 

     

 

 

Balance Sheet: at 31 March 2009

Tangible Fixed Assets

 

 

Housing properties

4,067,112

4,067,112

Less: Housing Association grants

(2,733,242)

(2,733,242)

Less: Depreciation

(478,665)

(445,615)

 

855,205

888,255

Other tangible fixed assets

281,001

316,553

Total fixed assets

1,136,206

1,204,808

 

 

 

Current Assets

 

 

Stocks

2,347

2,007

Debtors

413,860

214,253

Investments

1,652,472

1,587,632

Cash at bank and in hand

324,867

3,410

 

2,393,546

1,807,302

Creditors: amounts falling due within one year

(557,269)

(446,968)

Net current assets/liabilities

1,836,277

1,360,334

 

 

 

Total assets less current liabilities

2,972,483

2,565,142

 

 

 

Creditors: amounts falling due after more than one year

396,761

368,879

 

 

 

Reserves

 

 

Revenue reserves

1,320,166

978,764

Designated reserves

1,255,556

1,217,499

 

2,575,722

2,196,263

 

 

 

 

2,972,483

2,565,142

These summary financial statements are extracted from the annual accounts of YMCA Cambridgeshire & Peterborough, an incorporated charity, and YMCA (Cambridge) Trading Ltd, a limited company, and consolidate the results of those organisations.

For further information, the full annual accounts, the auditor’s report and the Board of Management report should be consulted; copies of these can be obtained from Robert Higginbottom, Director of Management Services/ Company Secretary at Queen Anne House, Gonville Place, Cambridge CB1 1ND.