IRIS Accounts Production v18.3.0.592 Other Company accounts True False Pounds 1.4.17 31.3.18 31.3.18 FY S N J Kerry - Chairman N Jackson - Treasurer S N J Kerry - Chairman FRS 102 Audited Large and medium-sized companies regime for accounts Full Charities SORP True True True True True False True False False False True False iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure 03582739 2017-03-31 03582739 2018-03-31 03582739 2017-04-01 2018-03-31 03582739 2016-03-31 03582739 2016-04-01 2017-03-31 03582739 2017-03-31 03582739 ns0:CharitableCompanyLimitedByGuarantee 2017-04-01 2018-03-31 03582739 ns15:PoundSterling 2017-04-01 2018-03-31 03582739 ns0:Trustee1 2017-04-01 2018-03-31 03582739 ns0:Trustee2 2017-04-01 2018-03-31 03582739 ns11:FRS102 2017-04-01 2018-03-31 03582739 ns11:Audited 2017-04-01 2018-03-31 03582739 ns11:LargeMedium-sizedCompaniesRegimeForAccounts 2017-04-01 2018-03-31 03582739 ns11:FullAccounts 2017-04-01 2018-03-31 03582739 ns11:CharitiesSORP 2017-04-01 2018-03-31 03582739 3 2017-04-01 2018-03-31 03582739 ns16:EnglandWales 2017-04-01 2018-03-31 03582739 ns11:RegisteredOffice 2017-04-01 2018-03-31 03582739 ns0:Trustee3 2017-04-01 2018-03-31 03582739 ns0:Trustee4 2017-04-01 2018-03-31 03582739 ns0:Trustee5 2017-04-01 2018-03-31 03582739 ns0:Trustee6 2017-04-01 2018-03-31 03582739 ns0:Trustee7 2017-04-01 2018-03-31 03582739 ns0:Trustee8 2017-04-01 2018-03-31 03582739 ns0:Trustee9 2017-04-01 2018-03-31 03582739 ns0:Trustee10 2017-04-01 2018-03-31 03582739 ns0:Trustee11 2017-04-01 2018-03-31 03582739 ns0:Trustee12 2017-04-01 2018-03-31 03582739 ns0:Trustee13 2017-04-01 2018-03-31 03582739 ns0:Trustee14 2017-04-01 2018-03-31 03582739 ns0:Trustee15 2017-04-01 2018-03-31 03582739 ns11:CompanySecretary1 2017-04-01 2018-03-31 03582739 ns0:TotalUnrestrictedFunds 2017-04-01 2018-03-31 03582739 ns0:TotalRestrictedIncomeFunds 2017-04-01 2018-03-31 03582739 ns0:Activity10 2017-04-01 2018-03-31 03582739 ns0:Activity10 ns0:TotalUnrestrictedFunds 2017-04-01 2018-03-31 03582739 ns0:Activity10 ns0:TotalRestrictedIncomeFunds 2017-04-01 2018-03-31 03582739 ns0:Activity10 2016-04-01 2017-03-31 03582739 ns0:Activity11 2017-04-01 2018-03-31 03582739 ns0:Activity11 ns0:TotalUnrestrictedFunds 2017-04-01 2018-03-31 03582739 ns0:Activity11 ns0:TotalRestrictedIncomeFunds 2017-04-01 2018-03-31 03582739 ns0:Activity11 2016-04-01 2017-03-31 03582739 ns0:TotalUnrestrictedFunds 2017-03-31 03582739 ns0:TotalRestrictedIncomeFunds 2017-03-31 03582739 ns0:TotalUnrestrictedFunds 2018-03-31 03582739 ns0:TotalRestrictedIncomeFunds 2018-03-31 03582739 ns10:WithinOneYear ns0:TotalUnrestrictedFunds 2018-03-31 03582739 ns0:TotalRestrictedIncomeFunds ns10:WithinOneYear 2018-03-31 03582739 ns10:WithinOneYear 2018-03-31 03582739 ns10:WithinOneYear 2017-03-31 03582739 ns10:TotalForAllPensionPlansExcludingMedicalOtherPlans ns0:TotalUnrestrictedFunds 2018-03-31 03582739 ns10:TotalForAllPensionPlansExcludingMedicalOtherPlans ns0:TotalRestrictedIncomeFunds 2018-03-31 03582739 ns10:TotalForAllPensionPlansExcludingMedicalOtherPlans 2018-03-31 03582739 ns10:TotalForAllPensionPlansExcludingMedicalOtherPlans 2017-03-31 03582739 ns10:OwnedOrFreeholdAssets ns10:LandBuildings 2017-04-01 2018-03-31 03582739 ns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2017-04-01 2018-03-31 03582739 ns10:FurnitureFittingsToolsEquipment 2017-04-01 2018-03-31 03582739 ns10:MotorVehicles 2017-04-01 2018-03-31 03582739 2 2017-04-01 2018-03-31 03582739 3 2017-04-01 2018-03-31 03582739 1 2017-04-01 2018-03-31 03582739 1 2016-04-01 2017-03-31 03582739 13 2017-04-01 2018-03-31 03582739 13 2016-04-01 2017-03-31 03582739 ns0:Activity2 2017-04-01 2018-03-31 03582739 ns0:Activity3 2017-04-01 2018-03-31 03582739 ns10:OwnedAssets 2017-04-01 2018-03-31 03582739 ns10:OwnedAssets 2016-04-01 2017-03-31 03582739 ns10:OwnedOrFreeholdAssets ns10:LandBuildings 2017-03-31 03582739 ns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2017-03-31 03582739 ns10:FurnitureFittings 2017-03-31 03582739 ns10:MotorVehicles 2017-03-31 03582739 ns10:FurnitureFittings 2017-04-01 2018-03-31 03582739 ns10:OwnedOrFreeholdAssets ns10:LandBuildings 2018-03-31 03582739 ns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2018-03-31 03582739 ns10:FurnitureFittings 2018-03-31 03582739 ns10:MotorVehicles 2018-03-31 03582739 ns10:OwnedOrFreeholdAssets ns10:LandBuildings 2017-03-31 03582739 ns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2017-03-31 03582739 ns10:FurnitureFittings 2017-03-31 03582739 ns10:MotorVehicles 2017-03-31 03582739 ns10:CostValuation ns10:ListedExchangeTraded 2017-03-31 03582739 ns10:ForeignExchangeDifferencesIncreaseDecreaseInInvestments 2018-03-31 03582739 ns10:CostValuation ns10:ListedExchangeTraded 2018-03-31 03582739 ns10:WithinOneYear 2017-04-01 2018-03-31 03582739 1 2017-04-01 2018-03-31
REGISTERED COMPANY NUMBER: 03582739 (England and Wales)
REGISTERED CHARITY NUMBER: 1070578
































REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 MARCH 2018
FOR
NEWCASTLE UPON TYNE Y.M.C.A.

NEWCASTLE UPON TYNE Y.M.C.A.
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018










Page

Report of the Trustees 1 to 8

Report of the Independent Auditors 9 to 10

Statement of Financial Activities 11

Balance Sheet 12 to 13

Cash Flow Statement 14

Notes to the Cash Flow Statement 15

Notes to the Financial Statements 16 to 26


NEWCASTLE UPON TYNE Y.M.C.A. (REGISTERED NUMBER: 03582739)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2018
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their
report with the financial statements of the charity for the year ended 31 March 2018. The trustees have
adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects as set in the Memorandum of Association are:

Newcastle upon Tyne Y.M.C.A has an organisational culture that is based on the Christian values of the
Y.M.C.A. Movement. It is an inclusive Movement open to all regardless of faith or culture.

Our Mission is "to provide unconditional support to young people" and we achieve this through the application
of our values:

- Equality :- we treat everyone as equals, however, we work to reduce inequalities and allocate our resources
depending on individual needs and circumstances.
- Respect :- we respect individuals for who they are regardless of their circumstances.
- Tolerance :- our culture is non-judgemental and tolerant of different lifestyles, values and beliefs.
- Openness :- our culture is transparent so that all our stakeholders can see the work we do.
- Integrity :- by acting in accordance with our organisational beliefs and values to do the right things, in the
right way a t the right time.
- Sustainability :- We strive for long term sustainability by governing the organisation to ensure its long term
ability to meet the future needs of the young people of Newcastle upon Tyne.

Public benefit
In shaping our objectives for the year and planning our activities, the trustees have considered the Charity
Commission's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. The
young people accessing our services benefit directly through the services and activities we provide. Through
participation in our programmes and activities they develop the skills and confidence to be able to make
positive choices and are able to improve their living standards, health and wellbeing. Working with our staff
they are able to identify barriers to success and develop the skills and strategies to overcome them and
progress into education, employment, volunteering or training. They are able to form better relationships with
peers and families and work towards contributing to the local community in a positive way. Because of this
our work also benefits the local community, families and siblings alike.

ACHIEVEMENT AND PERFORMANCE
Charitable activities
During this reporting period we have continued to provide our core services to young people through our two
youth centres in Walker and Newcastle city centre. We have continued to build the services we deliver from
our community centre and café in Walker which has enabled us to increase the public benefit from our
resources by providing a range of new opportunities and support to a wider group of beneficiaries. We have
also opened a new social enterprise growing speciality mushrooms in empty urban spaces using coffee
grounds that would otherwise have gone to landfill. This enterprise has created new opportunities for skills
development, training and employment.


NEWCASTLE UPON TYNE Y.M.C.A. (REGISTERED NUMBER: 03582739)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2018
ACHIEVEMENT AND PERFORMANCE
The focus of our work
Our work remains focused on providing opportunities for young people in the most deprived communities of
the City to develop themselves in mind, body and spirit and become independent and responsible members
of the local community.

We continue to work with a wide range of organisations and agencies across all sectors to ensure the young
people accessing our services get the most appropriate support to meet their individual circumstances. The
Association's commitment to partnership working remains strong and we will continue to explore avenues for
furthering this in the coming years.

In this reporting period:-

- 2,465 young people accessed our services
- 194 used our crisis support services
- 117 completed independent living skill programmes
- 184 participated in an obesity prevention programme
- 123 used our sexual health services
- 37 completed the Duke of Edinburgh Bronze award
- 24 volunteers contributed 12,636 hours of their time to support us
- 17 young volunteers were recruited as peer mentors
- 69 completed a programme tacking discrimination and gender inequality
- 6 young people became peer work coaches 15 supporters spent a night sleeping rough and raised £5,000
- 161 received direct employability support and 64% secured a job
- 8 individuals started in house apprenticeships or traineeships

We have provided advice, guidance and support in the following areas:-

- Housing crisis support
- Tenancy support services and access to funding for household items
- Relationship breakdown support
- Access to legal advice
- Alcohol and substance misuse information and advice and guidance
- Benefits information advice and guidance
- Finance information and support
- Sexual health information advice and guidance, access to contraception and STI screening
- Connexions service outreach work
- Education Welfare outreach work
- Access to IT

We have provided the following activities and skills development programmes:-

- Education support programme
- Employability skills programme
- Personal and social skills development programmes
- Alternative curriculum programme for excluded pupils
- Sports, recreation and outdoor activities programme
- Healthy eating, diet nutrition and cooking programme
- Sexual health and pregnancy prevention programme
- Risk taking behaviour and strategies to avoid and mitigate risks
- IT and computer skills
- Community events


NEWCASTLE UPON TYNE Y.M.C.A. (REGISTERED NUMBER: 03582739)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2018
FINANCIAL REVIEW
Financial support
Currently 31% of the financial requirements of the charity are met from its own sources (rental income,
interest & dividends from investments and interest from a legacy). The remainder is derived from a wide
range of sources including trusts and grant making bodies and central and local government funding. The
Newcastle Y.M.C.A. acknowledges with gratitude the support it receives from funding bodies and partners:-

Anne Frank Memorial Trust
Big Lottery Fund Awards for All
BBC Children in Need Main Grant
BBC Children in Need Small Grant
Bernard Sunley Foundation
Catherine Cookson Charitable Trust
Christ Hospital in Sherburn Trust
Dr Brand
Garfield Weston Foundation
Guy Readman Endowment Fund (Community Foundation Tyne and Wear and Northumberland)
Heritage Lottery Fund Young Roots
High Sheriff's Award (Community Foundation Tyne and Wear and Northumberland)
Hospital of God at Greatham Charitable Trust
Houghton International
Joseph Strong Frazer Trust
Keyfund
Music for Alice
Newcastle City Council - EIG
Newcastle University Helping our Homeless
NHS Newcastle and Gateshead CCG
Proctor and Gamble Everyday Confidence Fund (Community Foundation Tyne and Wear and
Northumberland)
R W Mann Charitable Trust
Sir James Knott Charitable Trust
St. Hilda's Charitable Trust
St Nicolas's Trust
Stop Loan Sharks
The Andy Fanshawe Memorial Trust
The Barbour Foundation
The Clothworkers Foundation
The Ernest Cook Trust
The Hadrian Trust
The Hedley Foundation
The Rothley Trust
The Shears Foundation
The Souter Trust
Virgin Money Foundation
W.A. Handley Charitable Trust
Y.M.C.A. Douglas Wood Trust
Y.M.C.A. Movement Trust Fund
Y.M.C.A. North East Regional Discretionary Fund
Individual donors from our Man Down and Sleepeasy campaigns


NEWCASTLE UPON TYNE Y.M.C.A. (REGISTERED NUMBER: 03582739)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2018
FINANCIAL REVIEW
Investment policy and objectives
The Memorandum and Articles of Association allows the Association to invest in such investments, securities
or property as may be thought fit. The Association's principal investment asset is a commercial property which
provides a stable source of rental income. This property is currently leased to the University of Northumbria.
This year the Trustees agreed to market this property for sale and to reinvest the proceeds into a more
diverse asset base to improve returns and diversify risk. A sale was agreed subject to contract.

The Association also has a small investment portfolio which is managed by Brewin Dolphin.

The Charity's assets, both property and cash are being held to carry out its charitable objectives. The
application of the Charity's funds continues to be in developing and sustaining work with young people in a
variety of community settings, but with a special emphasis on working with young people living in deprived
conditions, who may find themselves marginalised or in situations of need.

Reserves policy
The Charity currently has a contingency fund which is invested and any interest or dividend accrued is applied
to the work of the charity. At 31 March 2018 the reserves amounted to £165,195 which equates to 3 months
running costs.

Operating Results
The fund balances carried forward at 31 March 2018 show a total of £2,756,856, the majority is represented
by freehold property owned by the Association. The charity also held £829,096 of restricted funds at the year
end.

An operating surplus amounting to £881,416 is shown in the Statement of Financial Activities. The operating
surplus has only been achieved as a result of the increase in market value of the investment property totalling
£1,017,500. Disregarding the increase in market value, an operating loss of £136,084 has been achieved.
This loss was planned and was due to our continued commitment to support young people in need with our
core services and the development and start up costs of our Social Enterprises, Walker Park Café,
Community Centre and Urban Mushrooms.

Insurance
BSIS Corporate Insurance Brokers were appointed as our insurance brokers.

Indemnity insurance
The Charity holds indemnity insurance cover in respect of the Directors of the Charity.

Political contributions
The Charity made no political contributions during the year.

Creditor payment policy
It is the Association's policy, in respect of all suppliers, to agree the terms of payment when entering into a
transaction, to ensure that suppliers are aware of those terms of payment, and that the Association abides by
them.

FUTURE PLANS
The Charity has exchanged contracts for the sale of its main investment asset and during the next reporting
period the charity intends to restructure its investment assets into a diverse portfolio to reduce risk and
increase returns. The trustees will be undertaking market research to identify the priority needs of young
people over the next 3-5 years and will be undertaking a review of the services it will deliver to support them.
It will also conduct market research to identify a further social enterprise and to continue to build the café and
community centre and urban mushrooms social enterprises.


NEWCASTLE UPON TYNE Y.M.C.A. (REGISTERED NUMBER: 03582739)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2018
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited
by guarantee, as defined by the Companies Act 2006.

The charity's full name is Newcastle upon Tyne Y.M.C.A. It is a registered charity in the United Kingdom,
Charity No: 1070578 and a company limited by guarantee, registered in England No: 3582739.

Board of Directors
During this reporting year 13 individuals held the position of Director. There were 9 males and 4 females. The
youngest is 25, 6 are aged between 30 and 40 and the oldest is 66. The average age is 41.

During this reporting year the Board met 8 times and each subcommittee met 6 times. The directors spent
321 hours governing the business of the charity.

Recruitment and appointment of new trustees
Directors may from time to time appoint new directors of the charity, whether to fill a casual vacancy or by
way of addition to the Board, provided that the prescribed maximum term is not then exceeded. Directors are
appointed for three years and are eligible for re-election for further three year term. Three directors resigned
during the year, being Kevin Douglas, Andrew Gordon and Philip Joyce.

When recruiting Directors, the Board looks for individuals with skills and experience which are of value to the
Y.M.C.A. and which may not be represented by existing Directors. Directors are recruited by
recommendation, by personal invitation, application from volunteer web site agencies or from young people
who have previously used the services of the Y.M.C.A. Anyone wishing to become a Director is required to
undergo a check with the Disclosure and Barring Service at enhanced level and sign a declaration that they
are not debarred from holding office. Directors are also required to complete safeguarding training.

Before being appointed, Directors are required to meet with the Chair of Trustees and Chief Executive who
outline the mission, structure, governance and financial management of the organisation and explain the
responsibilities of trustees/directors. New directors are encouraged to visit each operational site to observe
the work done by the organisation. They may become members of the advisory sub-committees.

Organisational structure
The charity is managed by a Board of Directors and a sub-committee structure. The Chief Executive attends
meetings of the Board of Directors and the sub-committees but has no voting rights.

A scheme of delegation is in place and day to day responsibility for the provision of services rests with the
Chief Executive. The Chief Executive is responsible for ensuring that the charity delivers the services agreed
by the Board of Directors and ensuring adequate support and supervision of the staff team.

Officers
At the Annual General Meeting on 20th September 2017, Stephen Kerry was appointed as Chair and Andrew
Gordon was appointed as Treasurer, for the period to the next AGM.

Key management remuneration
The directors consider the Board of directors, who are the trustees of the charity, and the senior management
team comprise the key management personnel of the charity. None of the directors receive any remuneration
for their services. Key management personnel received remuneration totalling £63,309 during the year. The
pay of senior staff is kept under review by the Board of directors.

Related parties
In so far as it is complementary to the charity's objects, the charity is guided by the national Y.M.C.A.
guidance and local and national youth policy.


NEWCASTLE UPON TYNE Y.M.C.A. (REGISTERED NUMBER: 03582739)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2018
STRUCTURE, GOVERNANCE AND MANAGEMENT
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and error.

In this reporting period the Risk Register was reviewed by the Board and the following policies were
reviewed:-

Delegated Authorities manual
Health and Safety manual
Safeguarding policy

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
03582739 (England and Wales)

Registered Charity number
1070578

Registered office
592-596 Welbeck Road
Walker
Newcastle upon Tyne
Tyne and Wear
NE6 3AB

Trustees
S N J Kerry - Chairman
N Jackson - Treasurer - appointed 23.5.18
A T Gordon - Treasurer - resigned 21.3.18
P A Joyce - resigned 20.9.17
K Douglas - resigned 19.7.17
A M Rea - resigned 24.5.17
T D F Lillie
T Scott
N A Quinn - resigned 24.5.17
T A R S Nisbet
J Burns
A English
J Whitell - appointed 20.9.17
A L Gibbons - appointed 1.2.18
S Charalambous - appointed 21.3.18

Company Secretary
N P Hurst

Auditors
Robson Laidler Accountants Limited
Statutory Auditor
Fernwood House
Fernwood Road
Jesmond
Newcastle upon Tyne
Tyne and Wear
NE2 1TJ


NEWCASTLE UPON TYNE Y.M.C.A. (REGISTERED NUMBER: 03582739)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2018
REFERENCE AND ADMINISTRATIVE DETAILS
Bankers
Unity Trust Bank
Nine Brindleyplace
Birmingham
B1 2HB

Solicitors
Sinton & Company
The Cube
Barrack Road
Newcastle upon Tyne
NE4 6DB

Ward Hadaway
102 Quayside
Newcastle Upon Tyne
NE1 3DX

Investment Advisers
Brewin Dolphin
Time Central
Gallowgate
Newcastle upon Tyne
NE1 4SR

Chief Executive
N P Hurst

EVENTS SINCE THE END OF THE YEAR
Information relating to events since the end of the year is given in the notes to the financial statements.

STATEMENT OF TRUSTEES RESPONSIBILITIES
The trustees (who are also the directors of Newcastle Upon Tyne Y.M.C.A. for the purposes of company law)
are responsible for preparing the Report of the Trustees and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true
and fair view of the state of affairs of the charitable company and of the incoming resources and application of
resources, including the income and expenditure, of the charitable company for that period. In preparing
those financial statements, the trustees are required to

- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that
the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy
at any time the financial position of the charitable company and to enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of
the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularities.

In so far as the trustees are aware:

- there is no relevant audit information of which the charitable company's auditors are unaware; and
- the trustees have taken all steps that they ought to have taken to make themselves aware of any
relevant audit information and to establish that the auditors are aware of that information.


NEWCASTLE UPON TYNE Y.M.C.A. (REGISTERED NUMBER: 03582739)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2018
AUDITORS
The auditors, Robson Laidler Accountants Limited, will be proposed for re-appointment at the forthcoming
Annual General Meeting.

Approved by order of the board of trustees on 26 September 2018 and signed on its behalf by:



S N J Kerry - Chairman - Trustee

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
NEWCASTLE UPON TYNE Y.M.C.A. (REGISTERED NUMBER: 03582739)
Opinion
We have audited the financial statements of Newcastle Upon Tyne Y.M.C.A. (the 'charitable company') for the year ended 31 March 2018 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
- give a true and fair view of the state of the charitable company's affairs as at 31 March 2018 and of its
incoming resources and application of resources, including its income and expenditure, for the year
then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditors responsibilities
for the audit of the financial statements section of our report. We are independent of the charitable company
in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK,
including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance
with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to
provide a basis for our opinion.

Conclusions relating to going concern
We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to
report to you where:
- the trustees' use of the going concern basis of accounting in the preparation of the financial statements
is not appropriate; or
- the trustees have not disclosed in the financial statements any identified material uncertainties that
may cast significant doubt about the charitable company's ability to continue to adopt the going
concern basis of accounting for a period of at least twelve months from the date when the financial
statements are authorised for issue.

Other information
The trustees are responsible for the other information. The other information comprises the information
included in the annual report, other than the financial statements and our Report of the Independent Auditors
thereon.

Our opinion on the financial statements does not cover the other information and we do not express any form
of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and,
in doing so, consider whether the other information is materially inconsistent with the financial statements or
our knowledge obtained in the audit or otherwise appears to be materially misstated. If, based on the work we
have performed, we conclude that there is a material misstatement of this other information, we are required
to report that fact. We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Report of the Trustees for the financial year for which the financial
statements are prepared is consistent with the financial statements; and
- the Report of the Trustees has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in the
course of the audit, we have not identified material misstatements in the Report of the Trustees.


REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
NEWCASTLE UPON TYNE Y.M.C.A. (REGISTERED NUMBER: 03582739)
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to
report to you if, in our opinion:
- adequate accounting records have not been kept or returns adequate for our audit have not been
received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of trustees' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit; or
- the trustees were not entitled to take advantage of the small companies exemption from the
requirement to prepare a Strategic Report or in preparing the Report of the Trustees.

Responsibilities of trustees
As explained more fully in the Statement of Trustees Responsibilities, the trustees (who are also the directors
of the charitable company for the purposes of company law) are responsible for the preparation of the
financial statements and for being satisfied that they give a true and fair view, and for such internal control as
the trustees determine is necessary to enable the preparation of financial statements that are free from
material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's
ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using
the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or
to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors
that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an
audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate,
they could reasonably be expected to influence the economic decisions of users taken on the basis of these
financial statements.

A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our
Report of the Independent Auditors.

Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of
Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the
charitable company's members those matters we are required to state to them in an auditors' report and for
no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone
other than the charitable company and the charitable company's members as a body, for our audit work, for
this report, or for the opinions we have formed.



Michael Moran BA FCA (Senior Statutory Auditor)
for and on behalf of Robson Laidler Accountants Limited
Statutory Auditor
Fernwood House
Fernwood Road
Jesmond
Newcastle upon Tyne
Tyne and Wear
NE2 1TJ

11 October 2018

NEWCASTLE UPON TYNE Y.M.C.A.
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2018
2018 2017

Unrestricted
funds
Restricted
funds
Total
funds
Total
funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 3 101,460 214,862 316,322 345,650
Charitable activities 6
Y Eat 33,903 - 33,903 21,729
Sundry/room hire/drop in 16,209 - 16,209 10,062
Space 2 Cafe 7,590 - 7,590 4,196
Other trading activities 4 167,038 - 167,038 586,800
Investment income 5 3,471 - 3,471 5,470
Total 329,671 214,862 544,533 973,907

EXPENDITURE ON
Raising funds
Other trading activities 7 48,793 - 48,793 58,729
Investment management costs 8 1,284 - 1,284 1,344
50,077 - 50,077 60,073

Charitable activities 9
Youth work 452,885 173,655 626,540 489,068
Alternative education - - - 300,436
Total 502,962 173,655 676,617 849,577
Net gains/(losses) on investments 1,013,501 - 1,013,501 13,840
NET INCOME 840,210 41,207 881,417 138,170
Transfers between funds 19 (760,000 ) 760,000 - -

Net movement in funds 80,210 801,207 881,417 138,170
RECONCILIATION OF FUNDS

Total funds brought forward 1,847,552 27,888 1,875,440 1,737,270
TOTAL FUNDS CARRIED FORWARD 1,927,762 829,095 2,756,857 1,875,440

NEWCASTLE UPON TYNE Y.M.C.A. (REGISTERED NUMBER: 03582739)
BALANCE SHEET
AT 31 MARCH 2018
2018 2017

Unrestricted
funds
Restricted
funds
Total
funds
Total
funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 14 384,804 - 384,804 373,903
Investments
Investments 15 77,882 2,461 80,343 86,915
Investment property 16 1,905,000 760,000 2,665,000 1,632,500
2,367,686 762,461 3,130,147 2,093,318

CURRENT ASSETS
Debtors 17 - 31,532 31,532 34,040
Cash at bank and in hand - 35,102 35,102 274,714
- 66,634 66,634 308,754

CREDITORS
Amounts falling due within one year 18 (82,779 ) - (82,779 ) (142,469 )

NET CURRENT ASSETS/(LIABILITIES) (82,779 ) 66,634 (16,145 ) 166,285
TOTAL ASSETS LESS CURRENT
LIABILITIES


2,284,907

829,095

3,114,002

2,259,603
PENSION LIABILITY 20 (357,145 ) - (357,145 ) (384,163 )

NET ASSETS 1,927,762 829,095 2,756,857 1,875,440
FUNDS 19
Unrestricted funds 1,927,762 1,847,552
Restricted funds 829,095 27,888
TOTAL FUNDS 2,756,857 1,875,440

NEWCASTLE UPON TYNE Y.M.C.A. (REGISTERED NUMBER: 03582739)
BALANCE SHEET - CONTINUED
AT 31 MARCH 2018
These financial statements have been prepared in accordance with the special provisions of Part 15 of the
Companies Act 2006 relating to charitable small companies.

The financial statements were approved by the Board of Trustees on 26 September 2018 and were signed on its behalf by:




S N J Kerry - Chairman - Trustee



N Jackson - Treasurer - Trustee


NEWCASTLE UPON TYNE Y.M.C.A.
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2018
2018 2017
Notes £    £   
Cash flows from operating activities:
Cash generated from operations 1 (199,837 ) 140,742
Net cash provided by (used in) operating
activities


(199,837

)

140,742

Cash flows from investing activities:
Purchase of tangible fixed assets (28,746 ) -
Purchase of fixed asset investments - (5,020 )
Purchase of investment property (15,000 ) -
Sale of tangible fixed assets 500 800
Sale of fixed asset investments - 86,366
Interest received 85 119
Dividends received 3,386 5,351
Net cash provided by (used in) investing
activities


(39,775

)

87,616

Change in cash and cash equivalents in the
reporting period


(239,612

)

228,358
Cash and cash equivalents at the beginning
of the reporting period


274,714

46,356
Cash and cash equivalents at the end of the
reporting period


35,102

274,714

NEWCASTLE UPON TYNE Y.M.C.A.

NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2018
1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2018 2017
£    £   
Net income for the reporting period (as per the statement of
financial activities)

881,417

138,170
Adjustments for:
Depreciation charges 13,225 13,427
Gain on investments (1,010,927 ) (13,840 )
Loss on disposal of fixed assets 4,120 2,389
Interest received (85 ) (119 )
Dividends received (3,386 ) (5,351 )
Decrease in debtors 2,507 51,226
Decrease in creditors (59,690 ) (20,230 )
Difference between pension charge and cash contributions (27,018 ) (24,930 )
Net cash provided by (used in) operating activities (199,837 ) 140,742


NEWCASTLE UPON TYNE Y.M.C.A.
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018
1. STATEMENT OF COMPLIANCE

Newcastle Upon Tyne Y.M.C.A. is a company limited by guarantee (company number: 03582739) and
also a registered charity (charity number: 1070578). The registered office is 592-596 Welbeck Road,
Walker, Newcastle Upon Tyne, Tyne and Wear, NE6 3AB.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements
have been prepared under the historical cost convention with the exception of investments which are
included at market value, as modified by the revaluation of certain assets.

The financial statements have been prepared on a going concern basis on the ground that current and
future sources of funding or support will be more than adequate for the charity's needs. The Trustees
have considered a period of 12 months from the balance sheet date and consider no further
disclosures relating to the charity's ability to continue as a going concern need to be made.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise
stated in the relevant accounting policy note(s).

The financial accounts are prepared in Sterling (£).

Significant estimates and judgements
In applying the following accounting policies, the trustees consider that the judgement that has the
most significant effect on the amounts recognised in the financial statements, is the interest rate used
to discount the future pension deficit reduction payments. This has been set at 3.6% in line with the
yield on high quality corporate bonds.

The charity has applied the following accounting policies:

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the
funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings that aggregate all cost
related to the category. Where costs cannot be directly attributed to particular headings they have been
allocated to activities on a basis consistent with the use of resources.

Allocation and apportionment of costs
Costs are allocated between charitable activities and governance costs according to the nature of the
cost.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life.

Freehold property - 2% straight line basis
Leasehold improvements - 10% on reducing balance
Fixtures, fittings and equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance


NEWCASTLE UPON TYNE Y.M.C.A.
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 MARCH 2018
2. ACCOUNTING POLICIES - continued

Investment property
Investment property is shown at the price the building was sold for after the year end. The aggregate
surplus arising from changes in market value has been recognised in the statement of financial
activities.

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight
line basis over the period of the lease.

Employee benefits
Newcastle upon Tyne Y.M.C.A. participates in a multi-employer defined benefit pension plan for
employees of the Y.M.C.A. in England, Scotland and Wales, which was closed to new member's and
accruals on 30 April 2007.
The plan's actuary has advised that it is not possible to separately identify the assets and liabilities
relating to the Newcastle upon Tyne Y.M.C.A., therefore the scheme is accounted for as a defined
benefit contribution scheme.

As described in note 20 to the financial statements, Newcastle upon Tyne Y.M.C.A. does however,
have a contractual obligation to make pension deficit payments of £37,165 pa over the period to April
2027, accordingly this is shown as a liability on the Balance Sheet in these accounts. The liability is
measured at its present value and the unwinding of the discount is recognised as a finance cost in the
Statement of Financial Activities. In addition, Newcastle upon Tyne Y.M.C.A. is required to contribute
£5,745 pa to the operating expenses of the Pension Plan and these costs are charged to the
Statement of Financial Activities as made.

Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and cash equivalents
Cash in bank and cash equivalents comprises cash in hand and current balances with banks and other
institutions, which are readily convertible to known amounts of cash and which are subject to
insignificant risk of change in value. This definition is also used for the cash flow statement.

Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a
past event that will probably result in the transfer of funds to a third party and the amount due to settle
the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised
at their settlement amount after allowing for any trade discounts due.

Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value.


NEWCASTLE UPON TYNE Y.M.C.A.
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 MARCH 2018
3. DONATIONS AND LEGACIES

2018 2017
£    £   
Donations and grants 312,921 341,366
Legacies 3,401 4,284
316,322 345,650

4. OTHER TRADING ACTIVITIES

2018 2017
£    £   
Dilapidation income - 360,000
Rent received 167,038 226,100
Insurance claims - 700
167,038 586,800

5. INVESTMENT INCOME

2018 2017
£    £   
Dividends and other investment income 3,386 5,351
Deposit account interest 85 119
3,471 5,470

6. INCOME FROM CHARITABLE ACTIVITIES

2018 2017


Y Eat
Sundry/room
hire/drop in
Space 2
Cafe
Total
activities
Total
activities
£    £    £    £    £   
Sundry income 33,903 16,209 7,590 57,702 35,987

7. OTHER TRADING ACTIVITIES

2018 2017
£    £   
Purchases 20,335 15,765
Support costs 28,458 42,964
48,793 58,729

8. INVESTMENT MANAGEMENT COSTS

2018 2017
£    £   
Support costs 1,284 1,344


NEWCASTLE UPON TYNE Y.M.C.A.
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 MARCH 2018
9. CHARITABLE ACTIVITIES COSTS



Direct costs
Support
costs

Totals

(See note
10)

£    £    £   
Youth work 415,393 211,147 626,540

10. SUPPORT COSTS



Premises

Phone
Professional
fees
£    £    £   
Other trading activities - - -
Investment management costs - - 1,284
Youth work 76,342 5,595 12,807
76,342 5,595 14,091
Insurance Staff costs Other Totals
£    £    £    £   
Other trading activities - 28,458 - 28,458
Investment management costs - - - 1,284
Youth work 9,444 56,787 50,172 211,147
9,444 85,245 50,172 240,889

11. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2018 2017
£    £   
Depreciation - owned assets 13,225 13,427
Hire of plant and machinery 9,229 8,999
Deficit on disposal of fixed asset 4,120 2,389
Auditors remuneration 4,000 3,798

12. TRUSTEES' REMUNERATION AND BENEFITS

Directors and officers indemnity insurance was purchased to the value of £980 (2017: £920).

Trustees' expenses

Trustee expenses of £91 (2017: £117) were paid during the year to one trustee.


NEWCASTLE UPON TYNE Y.M.C.A.
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 MARCH 2018
13. STAFF COSTS

2018 2017
£    £   
Wages and salaries 390,873 527,208
Social security costs 25,967 36,905
Other pension costs 10,858 7,079
427,698 571,192

The average monthly number of employees during the year was as follows:

2018 2017
Chief executive 1 1
Administration 4 4
Project staff 11 21
16 26

No employees received emoluments in excess of £60,000.

In addition pension payments of £46,048 (2017: £44,368) were paid to YMCA Pension Scheme,
£19,030 of which is reflected in the Statement of Financial Activities and £27,018 of which reduces the
brought forward pension liability.

14. TANGIBLE FIXED ASSETS



Freehold
property

Leasehold
improvements
Fixtures,
fittings and
equipment

Motor
vehicles


Totals
£    £    £    £    £   
COST
At 1 April 2017 386,921 11,796 33,970 18,204 450,891
Additions - - - 28,746 28,746
Disposals - - - (12,069 ) (12,069 )
At 31 March 2018 386,921 11,796 33,970 34,881 467,568
DEPRECIATION
At 1 April 2017 35,133 4,227 25,963 11,665 76,988
Charge for year 7,738 757 2,002 2,728 13,225
Eliminated on disposal - - - (7,449 ) (7,449 )
At 31 March 2018 42,871 4,984 27,965 6,944 82,764
NET BOOK VALUE
At 31 March 2018 344,050 6,812 6,005 27,937 384,804
At 31 March 2017 351,788 7,569 8,007 6,539 373,903
The freehold properties were re-valued on 31 March 2013 by Sanderson Wetherall Chartered
Surveyors and Property Consultants at £275,000. All of the valuations were based on the current open
market freehold value of the premises in their existing condition. Subsequent improvements amounting
to £111,921 have been valued at cost.


NEWCASTLE UPON TYNE Y.M.C.A.
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 MARCH 2018
15. FIXED ASSET INVESTMENTS


Listed
investments
£   
MARKET VALUE
At 1 April 2017 86,916
Increase in market value (6,573 )
At 31 March 2018 80,343
NET BOOK VALUE
At 31 March 2018 80,343
At 31 March 2017 86,916

There were no investment assets outside the UK.

16. INVESTMENT PROPERTY

£   
MARKET VALUE
At 1 April 2017 1,632,500
Additions 15,000
Revaluation 1,017,500
At 31 March 2018 2,665,000
NET BOOK VALUE
At 31 March 2018 2,665,000
At 31 March 2017 1,632,500

The investment properties were revalued on 31 March 2018 by Sanderson Wetherall Chartered
Surveyor and Property Consultants. The valuation was based on the current market open market
freehold value of the premises in their existing condition.

17. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018 2017
£    £   
Trade debtors 9,877 10,271
Prepayments 21,655 23,769
31,532 34,040


NEWCASTLE UPON TYNE Y.M.C.A.
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 MARCH 2018
18. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018 2017
£    £   
Trade creditors 31,395 8,583
Accruals and deferred income 51,384 133,886
82,779 142,469

Accruals and deferred income includes grant income deferred at the year end amounting to £5,151
(2017: £65,604).

19. MOVEMENT IN FUNDS





At 1.4.17
Net
movement
in funds
Transfers
between
funds


At 31.3.18
£    £    £    £   
Unrestricted funds
General fund (23,225 ) (191,872 ) 2,021,156 1,806,059
Revaluation reserve 41,360 - - 41,360
Capital Fund 1,632,500 1,037,365 (2,669,865 ) -
Contingency Fund 166,917 (5,283 ) (81,291 ) 80,343
Youth centre development 30,000 - (30,000 ) -
1,847,552 840,210 (760,000 ) 1,927,762

Restricted funds
Walker Fund 2,787 11,646 - 14,433
Youth Services 7,547 35,594 - 43,141
Youth Work 17,554 (7,554 ) - 10,000
Urban Mushrooms - 1,521 - 1,521
Building Fund - - 760,000 760,000
27,888 41,207 760,000 829,095

TOTAL FUNDS 1,875,440 881,417 - 2,756,857


NEWCASTLE UPON TYNE Y.M.C.A.
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 MARCH 2018
19. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
£    £    £    £   
Unrestricted funds
General fund 308,121 (499,993 ) - (191,872 )
Capital Fund 21,550 (1,685 ) 1,017,500 1,037,365
Contingency Fund - (1,284 ) (3,999 ) (5,283 )
329,671 (502,962 ) 1,013,501 840,210

Restricted funds
Walker Fund 48,344 (36,698 ) - 11,646
Youth Services 104,613 (69,019 ) - 35,594
Youth Work 10,000 (17,554 ) - (7,554 )
Urban Mushrooms 51,905 (50,384 ) - 1,521
214,862 (173,655 ) - 41,207

TOTAL FUNDS 544,533 (676,617 ) 1,013,501 881,417


Comparatives for movement in funds




At 1.4.16
Net
movement
in funds


At 31.3.17
£    £    £   

Unrestricted Funds
General fund (164,929 ) 141,704 (23,225 )
Revaluation reserve 41,360 - 41,360
Capital Fund 1,632,500 - 1,632,500
Contingency Fund 154,421 12,496 166,917
Youth centre development 30,000 - 30,000
1,693,352 154,200 1,847,552

Restricted Funds
Walker Fund 1,612 1,175 2,787
Youth Services 1,132 6,415 7,547
Youth Work 41,174 (23,620 ) 17,554
43,918 (16,030 ) 27,888

TOTAL FUNDS 1,737,270 138,170 1,875,440

NEWCASTLE UPON TYNE Y.M.C.A.
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 MARCH 2018
19. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming
resources
Resources
expended
Gains and
losses
Movement in
funds
£    £    £    £   
Unrestricted funds
General fund 896,834 (755,130 ) - 141,704
Contingency Fund - (1,344 ) 13,840 12,496
896,834 (756,474 ) 13,840 154,200

Restricted funds
Walker Fund 4,813 (3,638 ) - 1,175
Youth Services 30,130 (23,715 ) - 6,415
Youth Work 42,130 (65,750 ) - (23,620 )
77,073 (93,103 ) - (16,030 )

TOTAL FUNDS 973,907 (849,577 ) 13,840 138,170


NEWCASTLE UPON TYNE Y.M.C.A.
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 MARCH 2018
19. MOVEMENT IN FUNDS - continued

General funds
General funds are funds that can be used in accordance with the charitable objectives at the discretion
of the trustees. Within general funds are specific funds that have been designated by the trustees for
particular purposes. These designated funds are as follows: -

Capital fund
This represents funds used to support the charity's investment property.

Youth Centre Development
This represents funds designated for a potential new youth centre.

Contingency Fund
This fund tracks the market value of the listed investments held by the charity.

Revaluation Reserve
The revaluation reserve represents the uplift in value of the properties owned by the charity on
revaluation.

Restricted funds
Restricted funds are funds that can only be used for particular restricted purposes within the objects of
the charity. The restricted funds held by the charity are as follows: -

Walker Fund
This represents funds raised for youth work to be undertaken within Walker.

Youth Services
This represents funds received for other specific youth projects.

Youth Work
This represents funds received from Virgin Money, Sir James Knott Trust and John Lewis, for specific
youth work projects.

Urban Mushrooms
This represents funds received which are reinvested into specific youth projects based around farming
mushrooms in unused urban spaces in the city centre.

Building Fund
A new fund was created during the year as a result of some historic research on donations made to
the predecessor charity over 100 years ago, restricted to investment in property. The new fund has
been transferred from the capital fund and any remaining balance on the capital fund has been
transferred to general funds.

20. EMPLOYEE BENEFIT OBLIGATIONS

Newcastle Upon Tyne Y.M.C.A. participated in a contributory pension plan providing defined benefits
based on final pensionable pay for employees of Y.M.C.As in England, Scotland and Wales. The
assets of the Y.M.C.A. Pension Plan are held separately from those of Newcastle Upon Tyne Y.M.C.A.
and at the year end these were invested in the Mercer Dynamic De-risking Solution, 40% matching
portfolio and 60% in the growth portfolio and Schroder (property units only).

The most recent completed three year valuation was as at 1 May 2017. The assumptions used which
have the most significant effect on the results of the valuation are those relating to the assumed rates
of return on assets held before and after retirement of 3.75% and 2.25% respectively, the increase in
pensions in payment of 3.35% (for RPI capped at 5% p.a.), and the average life expectancy from
normal retirement age (of 65) for a current male pensioner of 22.2 years, female 24.1 years, and 24.0
years for a male pensioner, female 26.0 years, retiring in 20 years time. The result of the valuation
showed that the actuarial value of the assets was £141.2m. This represented 81% of the benefits that
had accrued to members.


NEWCASTLE UPON TYNE Y.M.C.A.
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 MARCH 2018
20. EMPLOYEE BENEFIT OBLIGATIONS
- continued

The Pension Plan was closed to new members and future service accrual with effect from 30 April
2007. With the removal of the salary linkage for benefits all employed deferred members became
deferred members as from 1 May 2011.

The valuation prepared as at 1 May 2017 showed that the Y.M.C.A. Pension Plan had a deficit of £33.6
million. Newcastle Upon Tyne Y.M.C.A. has been advised that it will need to make monthly
contributions of £3,981 from 1 May 2018. This amount is based on the current actuarial assumptions
(as outlined above) and may vary in the future as a result of actual performance of the Pension Plan.
The current recovery period is 9 years commencing 1st May 2017.

In addition, Newcastle Upon Tyne Y.M.C.A. may have over time liabilities in the event of the
non-payment by other participating Y.M.C.As of their share of the Y.M.C.A. Pension Plan's deficit. It is
not possible currently to quantify the potential amount that Newcastle Upon Tyne Y.M.C.A. may be
called upon to pay in the future.

21. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2018.

22. POST BALANCE SHEET EVENTS

After the year end the company sold one of its investment properties with a carrying value of £2.49m.
This property was revalued at the year end to £2.49m reflect the net proceed received after all costs of
disposal were taken into account.