2024-03-31-accounts - D2 Youth Zone Limited

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D2 YOUTH ZONE LIMITED (A company limited by guarantee)

REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2024

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 2024

Contents	Page
Trustees annual report	1 to 5
Independent examiners report	6
Statement of Financial Activities (including	7
income and expenditure account)
Balance sheet	8
Notes to the financial statements	9 to 16

D2 Youth Zone Ltd

(A company limited by guarantee)

TRUSTEE ANNUAL REPORT (including Director’s report)

For the year ended 31 March 2024

The trustees are pleased to present their annual trustees’ report together with the financial statements of the charity for the year ended 31 March 2024 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, the effects of poverty, difficulty managing school and mental health.

Project Objectives:

To make contact with young people aged 13-25 on Newbiggin Hall Estate.
To develop positive working relationships and base any work on the issues raised by and affecting young people and the wider community.
In partnership with young people and outside agencies both statutory and voluntary to respond to these as quickly and as effectively as possible.
To provide the opportunity for young people to have a greater say in the resolution of these personal and community issues.

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.

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 to the 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

As the Treasurer of D2 Youth Zone, I am pleased to present our financial and operational highlights for the past year. Our commitment to creating opportunities for young people to reach their full potential in a caring and supportive environment remains at the forefront of our mission.

Key Achievements:

• Engagement: We successfully worked with over 100 young people and their families, providing them with the support and opportunities they need to thrive. Our programs are designed to engage, inspire, and empower, especially focusing on those who are most vulnerable in our community.

• Fundraising Success: This year, we raised a total of £113,840. This impressive amount is a testament to the generosity of our supporters and the hard work of our fundraising team. These funds are crucial in enabling us to continue our vital work.

• Significant Grants: We are incredibly proud to announce that we were awarded a share of the Postcode Community Trust, which has provided a substantial boost to our resources. Additionally, we secured multiyear funding from the Ballinger Charitable Trust, ensuring sustained support for our initiatives. Financial Stewardship:

The funds raised have been allocated to enhance our programs and expand our reach. Our emphasis remains on providing quality youth work, particularly focusing on the most vulnerable young people in our community. Through positive activities, preventative help, and one-to-one support for those not in education, employment, or training (NEET), we are making a tangible difference in their lives. Many of these young people face complex issues that hinder their progress, and our tailored support aims to address these challenges effectively.

Looking Forward:

As we move forward, we remain dedicated to our mission. The continued support from grants, donors, and the community enables us to plan and execute initiatives that empower young people to overcome obstacles and achieve their full potential. We are committed to transparency, effective use of resources, and making a positive impact in the lives of the young people we serve.

In conclusion, I extend my heartfelt gratitude to everyone who has supported D2 Youth Zone this year. Your contributions are invaluable, and together, we are creating a brighter future for our youth.

Thank you for your continued trust and support. Sincerely, Ryan Percival Treasurer, D2 Youth Zone

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 £113,893 (2023: £79,054) of which £80,943 was restricted (2023: £76,324) and expenditure of £97,633 (2023: £85,526) of which £70,955 was restricted (2023: £35,891). There was an operating surplus of £16,260 (2023: deficit of £6,472) of which a surplus of £9,989 was restricted (2023: surplus of £40,434).

At 31 March 2023 the Charity had net assets of £109,981 (2023: £93,720) of which £73,012 was restricted (2023: £63,023).

Reserves policy/Going concern

The Trustees consider the level of reserves, £36,969 (2023: £30,698), 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:

Initial risk assessment in terms of impact and likelihood
Initial risk rating
Counter measures
Responsibility / ownership
Timescale
Amended risk assessment in terms of impact and likelihood
Amended risk rating

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.

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

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
	One Strawberry Lane
	Newcastle upon Tyne
	NE1 4BX
Bankers	Barclays Bank Plc

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:

A briefing by the Chair or Chief Executive
An explanation of roles and responsibilities as a Board Member
Copies of the main company documents including the Memorandum and Articles of Association and the Financial Statements
Copy of the business plan and most recent evaluation report
Copies of recent board papers including budgets and management accounts
A copy of the Charity Commission publication "How to be an Effective Trustee"
A copy of the governance structure.

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:

select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

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 11.07.2024 and signed on their behalf by:

R Percival (Treasurer)

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year ended 31 March 2024

I report on the financial statements of D2 Youth Zone Limited for the year ended 31 March 2024, which are set out on pages 7 to 16.

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:

h examine the accounts under section 145 of the Charities Act,
h to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
h to state whether particular matters have come to my attention.

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:

h accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
h the accounts do not accord with such records; or
h the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
h the accounts have not been prepared in accordance with the Charities SORP (FRS102).

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 Fellow Member of the Association of Accountancy Technicians Connected Voice Business Services One Strawberry Lane Newcastle upon Tyne NE1 4BX Date: 11.07.2024

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES

(INCLUDING SUMMARY INCOME & EXPENDITURE ACCOUNT)

For the year ended 31 March 2024

----- Start of picture text -----
Unrestricted Restricted Total Total
Funds Funds 2024 2023
£ £ £ £
Income from:
Donations and legacies 6 32,613 49,743 82,356 33,475
Charitable activities
Grants and contracts 7 - 31,200 31,200 45,518
Investments 8 336 - 336 61
Total income 32,949 80,943 113,893 79,054
Expenditure on:
Charitable activities
Operation of the charity 9 26,678 70,955 97,633 85,525
Total expenditure 26,678 70,955 97,633 85,525
Net movement of funds 6,271 9,989 16,260 ( 6,471 )
Reconciliation of funds
Total funds brought forward 30,698 63,023 93,721 100,192
Total funds carried forward 36,969 73,012 109,981 93,721
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 9 to 16 form an integral part of these accounts.

Charity Number 1048939 Company Number 03085535

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

BALANCE SHEET

As at 31 March 2024

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	£ - 111,073 111,073 ( 1,092 )	Total 2024 £ 109,981 109,981 36,969 73,012 109,981	£ 32,906 62,061 94,967 ( 1,246 )	Total 2023 £ 93,721 93,721 30,698 63,023 93,721

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 9 to 16 form an integral part of these accounts.

These financial statements were approved by the Board on: 11.07.2024

and are signed on its behalf by: R Percival Treasurer

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

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 £36,969 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.

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

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:

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

Analysis of income 6 Donations and legacies 7 Charitable activities Income from grants 8 Income from investments - Postcode lottery - ASDA Foundation NCC Ward Committee BBC Children in Need Ballinger Trust - Newcastle Youth Fund Donations and gifts - LGA Foundation - Joseph Frazer Strong - R W Mann - Newcastle City Council General grants: - Ernest Cook Trust - Your Homes Newcastle - Woolsington Parish Other Bank interest	Unrestricted Funds £ 56 50 1,000 - - - - - 30,000 1,500 - 7 32,613 - - - - 336 336	Restricted Funds £ - 1,500 - 2,000 24,500 - - 5,200 - - 16,543 - 49,743 11,200 - 20,000 31,200 - -	Total 2024 £ 56 1,550 1,000 2,000 24,500 - - 5,200 30,000 1,500 16,543 7 82,356 11,200 - 20,000 31,200 336 336	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

Income was £113,893 (2023: £79,054) of which £32,949 was unrestricted or designated (2023: £2,730) and £80,943 was restricted (2023: £76,324)

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

Analysis of expenditure on charitable activities

9	*Charitable activities* Direct costs Support costs Governance costs Independent examiner's fees for reporting on the accounts Stationery/postage Photocopier Phone/fax IT Membership fees DBS checks Staff training 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	Unrestricted Funds £ - - 1,951 270 - 580 222 17,707 182 221 35 220 1,951 1,104 35 206 1,066 - 45 13 870 26,678	Restricted Funds £ 67,894 3,061 - - - - - - - - - - - - - - - - - - - 70,955	Total 2024 £ 67,894 3,061 1,951 270 - 580 222 17,707 182 221 35 220 1,951 1,104 35 206 1,066 - 45 13 870 97,633	Total 2023 £ 48,884 3,501 3,841 24 205 - 388 21,821 452 95 124 176 2,379 1,056 126 370 978 - - 13 1,092 85,525

Expenditure on charitable activities was £97,633 (2023: £85,525) of which £26,678 was unrestricted or designated (2023: £49,635) and £70,955 was restricted (2023: £35,891)

10 Fees for examination of the accounts

Independent examiner's fees for reporting on the accounts Other accountancy services paid to the examiner	2024 £ 870 222 1,092	2023 £ 1,092 388 1,480

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

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

Salaries and wages Pension costs (defined contribution pension plan)	2024 £ 67,894 3,061 70,955	2023 £ 48,884 3,501 52,385

No employee received remuneration above £60,000 (2023: 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 £39,336 (2023: £35,891).

12 Staff numbers

The average monthly head count was 3 staff (2023: 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	2024 Number 1.9 1.9	2023 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 (2023: £3,501). There was £0 outstanding as at 31 March 2024 (2023: £0)

15 Debtors and prepayments (receivable within 1 year)

Salary holding account	2024 £ - -	2023 £ 32,906 32,906

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

16 Cash at bank and in hand

Short term deposits Cash at bank	2024 £ 28,104 82,969 111,073	2023 £ 28,061 34,000 62,061

17 Creditors and accruals (payable within 1 year)

Accruals Other accruals Independent examination of accounts	2024 £ 870 222 1,092	2023 £ 1,092 154 1,246

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 2024

Unrestricted funds General unrestricted fund Designated funds Contingency Fund *Totals* As at 31 March 2023 Unrestricted funds General unrestricted fund Designated funds Contingency Fund *Totals*	Fund balances brought forward £ 17,144 13,554 30,698 Fund balances brought forward £ 64,049 13,554 77,603	Incoming resources £ 32,949 - 32,949 Incoming resources £ 2,730 - 2,730	Resources expended £ ( 26,678 ) - ( 26,678 ) Resources expended £ ( 49,635 ) - ( 49,635 )	Transfers £ - - - Transfers £ - - -	Fund balances carried forward £ 23,415 13,554 36,969 Fund balances carried forward £ 17,144 13,554 30,698

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

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 2024

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 Ballinger Trust LGA Foundation Newcastle Fund *Totals*	Fund balances brought forward £ 15,995 20,936 1,000 7,146 7,000 4,250 1,120 4,200 1,375 - - - 63,023	Incoming resources £ - 16,543 2,000 - 11,200 - - 5,200 - 20,000 1,500 24,500 80,943	Resources expended £ - ( 27,298 ) - - - - - - - ( 19,157 ) - ( 24,500 ) ( 70,955 )	Transfers £ - - - - - - - - - - - - -	Fund balances carried forward £ 15,995 10,181 3,000 7,146 18,200 4,250 1,120 9,400 1,375 843 1,500 - 73,012

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

D2 YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

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 Big Lottery Fund Ward Committee Ernest Cook Trust Your Homes Newcastle Woolsington Parish Education and Skills Ballinger Trust LGA Foundation Newcastle Fund

To cover the staffing costs of the Project Manager. To cover the staffing costs of D2 Youth Zone Limited. Breaking Bread Project funds. To support young people during Covid-19 pandemic. Funds to support holiday activities. The Green Musketeer Project. Environmental Project. Funds to support holiday activities and hardship fund. Apprenticeship grant. To cover the staffing costs of D2 Youth Zone Limited. Funds for the Christmas Parade.

To cover the staffing costs of D2 Youth Zone Limited.

20 Capital commitments

As at 31 March 2024, the charity had no capital commitments (2023 -£nil)

21 Analysis of net assets between funds

Other net current assets/(liabilities) Cash at bank and in hand	Unrestricted Funds £ 38,061 ( 1,092 ) 36,969	Restricted Funds £ 73,012 - 73,012	Total 2024 £ 111,073 ( 1,092 ) 109,981	Total 2023 £ 62,061 31,660 93,721