HEART OF ENGLAND YOUNG MEN'S CHRISTIAN ASSOCIATION

1. HEART OF ENGLAND YOUNG MEN'S CHRISTIAN ASSOCIATION 2020-06-02 → present
2. BIRMINGHAM YMCA 2001-03-22 → 2020-06-02
3. CITY OF BIRMINGHAM YOUNG MEN'S CHRISTIAN ASSOCIATION(THE) 1920-10-22 → 2001-03-22

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Board has assessed the organisations viability and have reasonable expectation of being able to continue the operation for the foreseeable future. The Board's focus following Covid-19 is to place a stronger emphasis on liquidity and solvency and ensuring that the Association has adequate resources to continue in operation, meet it liabilities as they fall due, and retain sufficient available cash across all two years without breaching any loan covenant.”

Significant events

• “The successful conclusion of our 10-point Strategic Plan and the introduction of our 5 year strategy for the organisation.”
• “The purchase of 83 units of supported housing in Erdington, Birmingham which has brought them into YMCA's ownership after previously managing these on behalf of Clarion Housing.”
• “The redevelopment of our Coppice Building which was repurposed into a new modern head office facility.”
• “The Creation of 3 new spaces for hire in The Coppice and by moving staff across to our new offices we have freed up an additional 5 spaces to hire which means we now have 8 new spaces available to hire, to help generate valuable revenue for the young people we serve.”
• “The achievement of IIP Silver a significant focus / upgrade from Bronze.”
• “The achievement of the Matrix Standard, a nationally recognised qualification that endorses how well we provide advice and guidance.”
• “Stakeholder engagement has increased by 50%.”
• “The completion of 100% of planned works from our Stock Investment Programme, ensuring that our homes continue to remain safe and compliant.”
• “87% of residents reporting satisfaction with the repairs service they receive”
• “98% of all repairs raised completed within the required timescale.”
• “The delivery of 201 Community Engagement initiatives / events with a total of 2747 people attending these events throughout the year demonstrating very positive engagement and attendance.”
• “97% of young people who have accessed our Youth Services demonstrated an improved attitude, behaviour, response or other positive outcome following their attendance on one of our youth programmes showing the positive impact our services have on young people.”
• “The occupancy rate across our housing schemes maintained at 98% throughout the year, minimising void loss and maximising our revenue from our housing schemes.”
• “We have remained 100% compliant in regards to Health and Safety and regulatory requirements.”
• “Our Tenant Satisfaction rating improve by 8% with 86% of residents stating that they are satisfied with YMCA Heart of England as their Landlord.”
• “Welcomed two new trustees onto the board and have co-opted three.”
• “Successfully delivered against our Operations Service Improvement Plan”
• “Continued to respond positively to our Staff Survey.”
• “Completed our Finance Audit signed off and agreed our Accounts for the Year to March 2024 which reported a surplus of £1,070,994.”
• “Been able to offer a 3% Pay Increase for our valued staff which has been very much welcomed, given the economic challenges and cost of living rises.”
• “Completed our internal audit and positively responding to the recommendations required.”
• “Successfully recruited to our role of Head of Housing and Chaplaincy Support”
• “From March 2024, Eden Café has been run in partnership with 2MuchPassion, which generates a guaranteed rental revenue scheme for YMCA Heart of England.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +4.8%

  £7,181,244 → £7,527,113

• Cash

  -48.5%

  £2,233,805 → £1,150,820

• Net assets

  +12.7%

  £6,615,456 → £7,455,049

• Employees

  +1.1%

  91 → 92

• Operating profit

  -4.4%

  £1,463,911 → £1,399,382

• Profit before tax

  -21.6%

  £1,070,994 → £839,593

• Wages

  +3.8%

  £2,493,583 → £2,589,475

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers