2024 Annual Impact Statement

Updated February 2025

Key members report for the year ended 31st December 2024

NYCDA Weekly Draw - 2024 Summary of main achievements

Once again, as part of our commitment to our beneficiary partners and stakeholders, as well as our LCCP obligations, the board of NYCDA are pleased to report back on activities relating to the NYCDA Weekly Draw. The board is pleased that progress is being made against a back drop of tough times, with disposable income being greatly reduced, which has seen us work hard to maintain our status. That said, the board see improvement and look forward to changes such as new staff helping further.

Whilst there is a degree of positivity towards the end of 2024, the bulk of the UK continuing to live under higher costs of living and operating businesses. Similarly, NYCDA has experienced a number of cost-based challenges, and requirement to maintain beneficiary donations, which has specifically impacted on the NYCDA Weekly Draw. As in recent years, we once again report that we have met such challenges and continue to make progress. Efficiencies and extra savings have been found with our systems, as well as the introduction of a small admin fee for new memberships.

As always at the front of our mind was to keep all stakeholders including members, staff, and volunteers safe and healthy. As we always reiterate, we value our commitment to maintain beneficiary donation levels and with that in mind, the organisation's focus was to ensure the long-term viability of the NYCDA Weekly Draw, which in turn protected the funds raised for beneficiaries and all the great work they do.

Despite these trials and tribulations, as part of our annual reporting, we are pleased to report that total income from the NYCDA Weekly Draw of £1,123,391.00 was generated over the 52 weekly draws that took place during the calendar year of 2024. This represents an increase on the year before.

As a result of that increase, from that total, we are able to ensure an impressive £618,331.73 (55.04%) was generated to be used by our beneficiaries and good causes for a range of sport, health & wellbeing, youth player development and education-based community projects. Similar to previous years, these projects range from youth academy player development in Blackpool and the support of key support services for Rossendale Hospice, to funding the improvement of community focused match day experience and women's football development in Bury, and rugby league based community development programmes from Leeds to Hull across the whole of Yorkshire.

On top of those funds raised, £96,200 (8.57%) was won by members through the prize fund, with a guaranteed weekly main prize of £1,000 available and £408,859.27 (36.39%) was spent in expenses to ensure all the NYCDA Weekly Draw could take place and related activities could happen.

As reported previously, the weekly prize pot has remained the same, with the board constantly reviewing this. The board record how it is a difficult act to protect beneficiary donation levels, whilst meeting rising cost bases to do so. We all want to increase prizes, but partners want to protect donation levels. That said the board reiterate its commitment to direct more expenses in the way of sales activities. In addition, new resource has been added by way of administrative support to safeguard systems and ensure customer experience remains high.

The cost of delivering these activities has risen once again in 2024, as a result of wage pressure, transport costs and general inflation. In addition, the latest government legislation around minimum wage will be introduced in April 2025. The board is committed to its ensuring all staff receive above the minimum wage and will meet such increases.

NYCDA continues to ensure its cost base stays steady with the efficiencies made this year and last proving useful. For clarity the accounts will show, funds are spent on a variety of activities including staff wages, office rent, travel, direct debit banking portals, microsite platform production, promotional resources, social media graphics, insurance, organisation membership e.g. Lotteries Council and Gambling Commission licences.

Whilst the board is pleased to celebrate an increase in performance, it continues to be watchful in making difficult decisions to ensure the organisation's long-term success and the commitment to raising funds to beneficiaries. Part of this has been a commitment to sourcing none weekly draw incomes and building our reserves pot, which is something we have continued to do once more. Such a surplus will be used to provide comfort and stability for the organisation, as well as targeted growth activities at a time the board sees fit.

For more information on all the NYCDA and the NYCDA Weekly Draw, please do not hesitate to contact us. Alternatively visit www.nycda.co.uk or www.nycdaweeklydraw.co.uk