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2023-03-31-accounts

D2 YOUTH ZONE LIMITED (A company limited by guarantee)

REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2023

Charity Number 1048939 Company Number 03085535

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

ANNUAL REPORT AND FINANCIAL STATEMENTS

For the year ended 31 March 2023

Contents Page
Trustees annual report 1 to 6
Independent examiners report 7
Statement of Financial Activities (including 8
income and expenditure account)
Balance sheet 9
Notes to the financial statements 10 to 17

D2 Youth Zone Ltd

(A company limited by guarantee)

TRUSTEE ANNUAL REPORT (including Director’s report)

For the year ended 31 March 2023

The trustees are pleased to present their annual trustees’ report together with the financial statements of the charity for the year ended 31 March 2023 which are also prepared to meet the requirements for a trustees’ report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2022, the Companies Act 2006, the Memorandum and Articles of Association, and 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 October 2019)

1. Objectives and Activities

We provide a daily drop-in, group work and one to one work, our work is built on the issues young people bring to us; these tend to be around, drugs and alcohol, sex and relationships, debt, benefits, unemployment, mental health, and family.

Project Objectives:

Public Benefit Statement

The trustees/directors have paid due regard to the Charity Commission guidance on public benefit and are confident that the organisation’s aims, objectives, and activities are in accordance with the guidance on public benefit.

Our activities and achievements as outlined demonstrate our commitment to ensuring that the organisation’s resources and activities maximise the potential benefit to our local community through community youth work projects.

2. Achievements and Performance

We offer a place of safety where young people and their families access the support, they need at the point of need from workers who know them, understand the context of their lives and care about them.

The workers have been around a long time, young people and their families never have to retell their story and they are always greeted by a friendly face. They have told us that they value having us in their lives.

1

We provide support for the whole community, whilst youth work has always been our focus, we have over the years become a valuable and much needed resource for our neighbors. We never turn anyone away regardless of age or circumstance.

We have provided support and access to resources for over 100 local people over the course of the year. We have supported families with benefits claims, looking for work, family support, and we have led on Early Help Plans for several families.

We have worked with over 100 young people over the last year, providing them with group work for up to three groups each evening. Young people learn from the information we provide, and they have fun in the process in an environment that feels safe.

We have provided a detached youth work presence making contact with young people on the streets and working with them in a space of their choosing.

We have provided one-to-one work for vulnerable young people to work with a trusted adult and get the help and support they need, and we have referred young people onto specialist services they need.

We have provided a program of activities in each of the school holidays that keep young people busy, and active and ensure they have at least one meal each day to alleviate holiday hunger.

Fundraising

We have been on the estate for 29 years and we understand young people have become accustomed to having us in their lives. Our team are dedicated and committed to ensuring we remain a constant and consistent source of support.

Trustee Annual Report

Over the course of this past year, our organization has made significant strides in fulfilling its mission to empower and support young people in our community. We are delighted to report on our accomplishments and financial performance.

Key Highlights:

  1. Impact on young people: Throughout the year, our youth project had meaningful contact with over 100 different young people from diverse backgrounds. We provided them with a range of services, including educational support, mentorship, recreational activities, and personal development. Our engagement with these young individuals aimed to empower them to overcome challenges, develop essential life skills, and prepare for a bright future.

  2. Financial Performance: We are proud to announce that we raised a total of £89,811 in the past fiscal year. These funds have been instrumental in supporting our programs and initiatives, enabling us to reach and positively impact the lives of the young people we serve. Our commitment to financial transparency ensures that every pound received is used effectively and efficiently in pursuit of our mission.

  3. Investing in Youth: In line with our commitment to providing opportunities for young people, we have taken a significant step by hiring a former young participant as an apprentice youth worker. This initiative not only demonstrates our dedication to fostering personal growth and career development but also serves as a testament to the impact our project has on the lives of those we engage with.

2

Looking to the year ahead of us, we hope to make just as much impact on the local community through the generosity of our funders and from the dedication of our staff members.

Ryan Percival (Treasurer)

Over the years, I have felt D2 has gone from strength to strength especially following the pandemic.

It is a pleasure to be a director for D2 Youth Zone, the true commitment from team members is so admirable. They have always kept the committee volunteers well informed with a structured format at committee meetings.

It was my pleasure to invite the Project manager and a Youth Work apprentice as speakers to Cramlington Friendship Centre. Their work description was detailed, and club members admired their true dedication to the project and the young people they work with and care about.”

Sylvia Hopper (Director)

3. Financial review

Review of the year

The results for the year and the company's financial position at the end of the year are shown in the attached financial statements.

During the year the Charity had income of £79,055 (2022: £89,811) of which £76,324 was restricted (2022: £54,253) and expenditure of £85,526 (2022: £72,697) of which £35,891 was restricted (2022: £51,094). There was an operating deficit of £6,471 (2022: surplus of £17,113) of which a surplus of £40,434 was restricted (2022: £3,159).

At 31 March 2023 the Charity had net assets of £93,721 (2022: £100,192) of which £63,023 was restricted (2022: £22,589).

Reserves policy/Going concern

The Trustees consider the level of reserves, £30,698 (2022: £77,603), prudent for the Charity at this time taking into account potential liabilities in the event that the charity ceased. Our Reserves Policy is reviewed annually.

4. Risk Management

The Board is responsible for the management of the risks to which the Charity is exposed. A risk register is produced which considers financial, governance and delivery risks.

For each risk, the register identifies:

The Board reviews the risk register throughout the year. Through the counter measures put in place in the risk register and the regular reviews and updates, the Board is satisfied that the major risks identified have been adequately mitigated.

3

It is recognised that this approach can only provide reasonable but not absolute assurance that major risks have been adequately managed.

5. Plans for future periods

We plan to continue our work over the next financial year providing support and a place of safety for young people and their families.

We have received the funding necessary to employ an apprentice youth worker for the next two year and will continue to offer a safe and supportive learning environment.

6.
Reference and administrative		 details of the charity, its trustees and advisors
Registered charity name D2 Youth Zone Ltd
Charity number 1048939
Company registration number 03085535
Registered office 96-98 East Thorp
Newbiggin Hall Estate
Newcastle upon Tyne
NE5 4JD
Trustees and Members of the Board Ian Smith – Chair
Rebecca Tulip – Vice Chair
Ryan Percival – Treasurer
Sylvia Hopper- Director

Chief Executive and Senior staff members Angela Smith - Project Manager

Independent Examiner Doug Maltman FMAAT
Connected Voice Business Services Ltd
One Strawberry Lane
Newcastle upon Tyne
NE1 4BX

Bankers

Barclays Bank Plc

4

7. Structure, governance and management

Governing Document

The organisation is a Charitable Company Limited by Guarantee. The Company was established under a Memorandum of Association, which established the objects and powers of the Charitable Company and is governed under its Articles of Association. In the event of a winding up any member (who is a director) undertakes to contribute to the payment of liabilities, such amount as may be required not exceeding the total of £1.

Recruitment and Appointment of the Board

The Directors of the Company are also Trustees for the purposes of charity law and under the company's Articles are also its members. Under the requirements of the Memorandum and Articles of Association, at the Annual General Meeting one-third of the Directors, who are subject to retirement by rotation, shall retire. Retiring Directors can be re-appointed at the Annual General Meeting.

Trustees are selected on the basis of specialist skills and commitment to the objectives and aims of the organisation.

Board Induction and Training

New Board Members are introduced to the work of the organisation and informed of their legal roles and responsibilities at an induction meeting. The induction and training programme for new Board Members includes:

5

8. Statement of Trustee Responsibilities

The trustees, who are also directors for the purposes of company law, are responsible for preparing the Trustees’ Annual Report 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 incoming resources and application of resources, including the income and expenditure of the charitable company for that year. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and 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.

Approved by the Board on 15.11.2023 and signed on their behalf by:

R Percival (Treasurer)

6

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year ended 31 March 2023

I report on the financial statements of D2 Youth Zone Limited for the year ended 31 March 2023, which are set out on pages 8 to 1 7 .

Respective responsibilities of trustees and examiner

The charity's trustees (who are also directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2022 ("the Charities Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Doug Maltman FMAAT Connected Voice Business Services Ltd One Strawberry Lane Newcastle upon Tyne NE1 4BX Date: 15.11.2023

7

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES

(INCLUDING SUMMARY INCOME & EXPENDITURE ACCOUNT)

For the year ended 31 March 2023

----- Start of picture text -----
Unrestricted Restricted Total Total
Funds Funds 2023 2022
£ £ £ £
Income from:
Donations and legacies 6 2,669 30,806 33,475 33,991
Charitable activities
Grants and contracts 7 - 45,518 45,518 55,818
Investments 8 61 - 61 3
Total income 2,730 76,324 79,055 89,811
Expenditure on:
Charitable activities
Operation of the charity 9 49,635 35,891 85,526 72,873
Total expenditure 49,635 35,891 85,526 72,873
Net movement of funds ( 46,905 ) 40,434 ( 6,471 ) 16,938
Reconciliation of funds
Total funds brought forward 77,603 22,589 100,192 83,078
Total funds carried forward 30,698 63,023 93,721 100,016
Notes
----- End of picture text -----

The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

The notes on pages 10 to 1 7 form an integral part of these accounts.

8

Charity Number 1048939 Company Number 03085535

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

BALANCE SHEET

As at 31 March 2023

Current assets
Debtors
15
Cash at bank and in hand
16
Total current assets
Creditors:amounts falling due within
one year
17
Net current assets
Total net assets or liabilities
Funds of the charity
Unrestricted income funds
Restricted income funds
Total funds
Notes		 £
32,906
62,061
94,967
( 1,246 )		 Total
2023
£
93,721
93,721
30,698
63,023
93,721		 £
21,790
80,354
102,144
( 1,952 )		 Total
2022
£
100,192
100,192
77,603
22,589
100,192

The company was entitled to an exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with the respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the

small companies regime and in accordance with FRS102 SORP.

The notes on pages 10 to 17 form an integral part of these accounts.

These financial statements were approved by the Board on: 15.11.2023

and are signed on its behalf by: R Percival Treasurer

9

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

1 Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

2 Basis of accounting

2.1 Basis of preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with 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 October 2019) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2022, the Companies Act 2006 and UK Generally Accepted Accounting Practice. The financial statements are prepared under the historical cost convention or transaction value unless otherwise stated in the relevant accounting policy note(s).

D2 Youth Zone Limited meets the definition of a public benefit entity under FRS 102.

2.2 Preparation of the accounts on a going concern basis

The charity reported total unrestricted funds at the year end of £30,698 and has already secured a significant amount of funding for the current year. The trustees are of the view that the immediate future of the charity for the next 12 months is secure and that on this basis the charity is a going concern.

3 Income

3.1 Recognition of income

Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliability

3.2 Offsetting

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.

3.3 Grants and donations

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of the provision of a specified service is deferred until the criteria of income recognition are met.

3.4 Volunteer help

The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.

10

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

3.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

3.6 Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the

4 Expenditure and liabilities

4.1 Liability recognition

Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

4.2 Charitable activities

Expenditure on charitable activities includes the costs of work and other activities undertaken to further the purposes of the charity and their associated support costs.

4.3 Governance and support costs

Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

4.4 Irrecoverable VAT

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

4.5 Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

4.6 Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.

5 Assets

5.1 Tangible fixed assets for use by the charity

Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis, the charity does not currently have any tangible fixed assets:

11

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

Analysis of income

6
7
8		 Donations and legacies
Charitable activities
Income from grants
Income from investments
- Sir James Knott
- Ernest Cook Trust
- Your Homes Newcastle
- Woolsington Parish
- Newcastle Best Summer ever
Donations and gifts
- LGA Foundation
- Joseph Frazer Strong
- R W Mann
- Newcastle City Council
General grants:
Other
Bank interest
NCC Ward Committee
BBC Children in Need
Ballinger Trust
- Education and Skills		 Unrestricted
Funds
£
17
1,500
1,000
-
-
-
-
-
-
-
-
152
2,669
-
-
-
-
61
61		 Restricted
Funds
£
-
-
-
1,000
20,936
-
-
4,250
420
4,200
-
-
30,806
7,000
38,518
-
45,518
-
-		 Total
2023
£
17
1,500
1,000
1,000
20,936
-
-
4,250
420
4,200
-
152
33,475
7,000
38,518
-
45,518
61
61		 Total
2022
£
16
-
1,000
4,000
5,405
15,000
3,170
360
700
2,800
1,500
40
33,991
2,300
35,518
18,000
55,818
3
3

Income was £79,055 (2022: £89,811) of which £2,730 was unrestricted or designated (2022: £35,558) and £76,324 was restricted (2022: £54,253)

12

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

Analysis of expenditure on charitable activities

9 Charitable activities
Direct costs
Support costs
Governance costs
Payroll fees
Activity costs
Other expenses
Security
Cleaning, repairs and maintenance
Heat, light and water
Companies House
Insurance
Client expenses
Salaries
Pensions
Sessional workers
Apprentice fees
DBS checks
Staff training
Independent examiner's fees for reporting on
the accounts
Stationery/postage
Photocopier
Phone/fax
IT
Membership fees		 Unrestricted
Funds
£
15,652
842
3,841
24
208
-
388
21,821
452
92
124
176
2,379
1,056
126
370
978
-
-
13
1,092
49,635		 Restricted
Funds
£
33,232
2,659
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
35,891		 Total
2023
£
48,884
3,501
3,841
24
208
-
388
21,821
452
92
124
176
2,379
1,056
126
370
978
-
-
13
1,092
85,526		 Total
2022
£
48,212
3,495
2,495
125
63
25
409
10,908
176
176
-
211
1,719
1,936
84
247
1,099
270
340
13
869
72,873

Expenditure on charitable activities was £85,526 (2022: £72,697) of which £49,635 was unrestricted or designated (2022: £21,603) and £35,891 was restricted (2022: £51,094)

10 Fees for examination of the accounts

Other accountancy services paid to the examiner
Independent examiner's fees for reporting on the accounts		 2023
£
1,092
388
1,480		 2022
£
869
409
1,278

13

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

11 Analysis of staff costs and the cost of key management personnel

Salaries and wages
Pension costs (defined contribution pension plan)		 2023
£
48,884
3,501
52,385		 2022
£
48,212
3,495
51,707

No employee received remuneration above £60,000 (2022: nil)

The key management personnel of the charity, comprise the trustees and the Project Manager . The total employee benefits of the key management personnel of the charity were £35,891 (2022: £31,935).

12 Staff numbers

The average monthly head count was 3 staff (2022: 3 staff) and the average monthly number of full-time equivalent employees during the year were as follows:

Charitable activities
The parts of the charity in which the employee's work		 2023
Number
1.9
1.9		 2022
Number
1.9
1.9

13 Transactions with trustees

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.

Trustees' expenses

No trustee expenses have been incurred in the year.

Transaction(s) with related parties

There have been no related party transactions in the reporting period.

14 Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.

The employer's pension costs represent contributions payable by the charity to the fund and amount to £3,501 (2022: £3,495). There was £0 outstanding as at 31 March 2023 (2022: £0)

15 Debtors and prepayments (receivable within 1 year)

Trade debtors
Salary holding account		 2023
£
32,906
-
32,906		 2022
£
21,790
-
21,790

14

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

16 Cash at bank and in hand

Short term deposits
Cash at bank		 2023
£
28,061
34,000
62,061		 2022
£
27,000
53,354
80,354

17 Creditors and accruals (payable within 1 year)

Independent examination of accounts
Other accruals
Accruals		 2023
£
1,092
154
1,246		 2022
£
1,697
254
1,952

18 Events after the end of the reporting period

No other significant events affecting the Company since the year end.

19 Analysis of charitable funds

Analysis of movements in unrestricted funds As at 31 March 2023

Unrestricted funds
General unrestricted fund
Designated funds
Contingency Fund
Totals
As at 31 March 2022
Unrestricted funds
General unrestricted fund
Designated funds
Contingency Fund
Totals		 Fund
balances
brought
forward
£
64,049
13,554
77,603
Fund
balances
brought
forward
£
50,094
13,554
63,648		 Incoming
resources
£
2,730
-
2,730
Incoming
resources
£
35,558
-
35,558		 Resources
expended
£
( 49,635 )
-
( 49,635 )
Resources
expended
£
( 21,603 )
-
( 21,603 )		 Transfers
£
-
-
-
Transfers
£
-
-
-		 Fund
balances
carried
forward
£
17,144
13,554
30,698
Fund
balances
carried
forward
£
64,049
13,554
77,603

15

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

Purpose of unrestricted funds

General unrestricted fund The 'free reserves' of the charity Designated funds To cover unexpected costs incurred.

Analysis of movement in restricted funds As at 31 March 2023

Restricted funds
BBC Children in Need
Newcastle Youth Fund
R W Mann
Big Lottery Fund
Ward Committee
Ernest Cook Trust
Your Homes Newcastle
Woolsington Parish
Education and Skills
Totals		 Fund
balances
brought
forward
£
13,367
-
-
7,146
-
-
700
-
1,375
22,588		 Incoming
resources
£
38,518
20,936
1,000
-
7,000
4,250
420
4,200
-
76,324		 Resources
expended
£
( 35,890 )
-
-
-
-
-
-
-
-
( 35,890 )		 Transfers
£
-
-
-
-
-
-
-
-
-
-		 Fund
balances
carried
forward
£
15,995
20,936
1,000
7,146
7,000
4,250
1,120
4,200
1,375
63,023

Analysis of movement in restricted funds As at 31 March 2022

Restricted funds
BBC Children in Need
Newcastle Youth Fund
R W Mann
Big Lottery Fund
Ward Committee
Ernest Cook Trust
Newcastle Best Summer ever
Your Homes Newcastle
Woolsington Parish
Education and Skills
Totals		 Fund
balances
brought
forward
£
9,784
-
2,500
7,146
-
-
-
-
-
-
19,430		 Incoming
resources
£
35,518
5,405
4,000
-
800
360
3,170
700
2,800
1,500
54,253		 Resources
expended
£
( 31,935 )
( 5,405 )
( 6,500 )
-
( 800 )
( 360 )
( 3,170 )
-
( 2,800 )
( 125 )
( 51,094 )		 Transfers
£
-
-
-
-
-
-
-
-
-
-
-		 Fund
balances
carried
forward
£
13,367
-
-
7,146
-
-
-
700
-
1,375
22,588

Purpose of restricted funds

Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor.

BBC Children in Need Newcastle Youth Fund R W Mann

To cover the staffing costs of the Project Manager. To cover the staffing costs of D2 Youth Zone Limited. Breaking Bread Project funds.

16

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

Purpose of restricted funds (continued)

Big Lottery Fund To support young people during Covid-19 pandemic.

Ward Committee Funds to support holiday activities.

Ernest Cook Trust The Green Musketeer Project.

Newcastle Best summer Ever Funds to support holiday activities.

Your Homes Newcastle Environmental Project.

Woolsington Parish Funds to support holiday activities and hardship fund.

Education and Skills Apprenticeship grant.

20 Capital commitments

As at 31 March 2023, the charity had no capital commitments (2022 -£nil)

21 Analysis of net assets between funds

Other net current assets/(liabilities)
Cash at bank and in hand		 Unrestricted
Funds
£
( 962 )
31,660
30,698		 Restricted
Funds
£
63,023
-
63,023		 Total
2023
£
62,061
31,660
93,721		 Total
2022
£
80,354
19,838
100,192

17