2022-03-31-accounts - Manchester Young Lives Ltd

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Administrative information
Trustees' and Directors'	annual	report	2 —6
Independent Examiners	report to the Trustees
Statement offinancial activities
Balance sheet
Statement ofCashflows			10
Notes to the financial statements			11 —20

FORTHE YEA	R ENDED MARCH S12	022
DIRECTORS		C Duncan
		N J Harney
		R Knox
		G Holmes J Thompson				(appointed (appointed	24/02/22) 17/12/21)
		H H Uddin
		D Atkinson SWilcock				(appointed (resigned	24/02/22) 15/07/21)
		R Miemczyk				(ap pointed	24/02/22)
		Q Shahraz				(appointed	24/02/22)
COMPANY SECRETARY		SCere
KEYSTAFF		P Fletcher				Chief Executive
		SCere				Deputy Chief Executive
REGISTERED OFFICE AND		The Addy Young People's Centre
PRINCIPAL PLACE OF BUSINESS		Woodhouse Lane
		Manchester M22 9TF
Independent	Examiners
		Peter Smith	BA FCA
		DchA
		HGA Accountants			8 Financial Consultants
		Ltd
		t/a Chittenden		Horley - Chartered
		Accountants
		The Wesley	Centre
		Royce Road,	Hulme
		Manchester M155BP
BANKERS		CAF Bank Limited
		25 Kings Hill Avenue
		Kings Hill,
		West Mailing,
		Kent ME194JQ
		Royal Bank of	Scotland
		467 Wilmslow	Road
		Withington
		Manchester M20		9AP
		Shawbrook Bank
		One New Bailey
		4 Stanley St
		Salford M3 5JL

		Unrestricted	Unrestricted
	Notes	General	Designated	Restricted	Total	Total
		Funds	Funds	Funds	2022	2021
INCOME
Donations		14,713		30,000	44,713	110,691
Charitable activities		9,701	403,914	369,338	782,953	'/, 135,670
Other trading activities		87,287			87,287	49,326
Investment income —bank interest		547			547	953
TOTAL INCOMING RESOURCES		112,248	403,914	399,338	915,500	1,296,640
EXPENDITURE
Costs of raising funds		15,459			15,459	15,029
Cost ofcharitable activities		92,293	478,034	419,462	989,789	1,109,011
TOTAL EXPENDITURE		107,752	478,034	419,462	1,005,248	1,124,040
NET INCOME/(EXPENDITURE)
BEFORETRANSFERS		4,496	(74,120)	(20,124)	(89,748)	172,600
TRANSFERS		33,348	(30,000)	(3,348)
NET MOVEMENT IN FUNDS		37,844	(104,120)	(23,472)	(89,748)	172,600
TOTAL FUNDS:
BROUGHT FORWARD		183,388	379,120	122,637	685,145	512,545
CARRIED FORWARD	13	221,232	275,000	99,165	595,397	685,145

				2022	2021
			notes
Cash generated in operating activities			15	(72,310)	142,420
Cashflows	from investing activities
interest and dividends				547	953
Purchase	oftangible fixed assets			(720)	(13,057)
Proceeds	ofsale offixed assets
Payments	to acquire investments
Cash provided by/(used in) investing		activities		(1?3)	(12,104)
Cashflows	from financing activities
Cash used in financing activities
increase	in cash &cash equivalents	in the year		(72,483)	130,316
Cash and	cash equivalents brought	forward		572,838	442,522
Cash and	cash equivalents carried forward			500,355	572,838
Cash and	cash equivalents consist of:
Cash at bank and in hand				500,355	572,838
Current asset investments
				500,355	572,838

O	TES TOTHE FINANCIAL S	TAT	EMENTS FOR	THE YEAR ENDE	D MARCH 3	12022
				2022			2021
			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
2	DONATIONS
	Core funding - Manchester	City
	Donations - Playgrounds			30,000	30,000		30,000	30,000
	Donations - core		5,359		5,359	1,054		1,054
	Job Retention Scheme		9,354		9,354	79,637		79,637
			14,713	30,000	44,713	80,691	30,000	110,691

INCOME FROM CHARITABLE	INCOME FROM CHARITABLE	ACTIVITIES
Playgrounds and related work
Open Access Play and Youth			60,575	60,575		20,681	20,681
Young Manchester	Play and Yt		131,856	131,856		140,144	140,144
Other grants &fees			69,345	69,345	40,000	31,581	71,581
			261,776	261,776	40,000	192,406	232,406
Education
Fees from schools
Pupil Referral Unit		402,499		402,499	599,071		599,071
Other		1,415		1,415	14,112		14,112
		403,914		403,914	613,183		613,183
Youth Engagement
Young Manchester			15,000	15,000		29,000	29,000
The Big Lottery						38,421	38,421
GMP PCC grant
Hidden Talent			24,207	24,207		29,643	29,643
Other Income		9,701	68,355	78,056	118,558	74,459	193,017
		9,701	107,562	117,263	118,558	171,523	290,081
		413,615	369,338	782,953	771,741	363,929	1,135,670

INCOME FROM OTHER TRADING	INCOME FROM OTHER TRADING	ACTIVITIES
Playgrounds	and related work
Playgrounds
Other Youth	work	87,287	87,287	29,786	19,540	49,326
		87,287	87,287	29,786	19,540	49,326

			2022			2021
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		6
Playgrounds	and related work	(21,728)	281,184	259,456	109,698	'/64, 251	273,949
Education		486,798		486,798	557,741		557,741
Youth Engagement		105,257	138,278	243,535	62,780	214,541	277,321
		570,327	419,462	989,789	730,219	378,792	1,109,011
Fund Raising	costs	15,459		15,459	15,029		15,029
		585,786	419,462	1,005,248	745,248	378,792	1,124,040

Charitable expenditure	Direct	Direct	Support
	Staff Costs	Costs	Costs	Total
2021/21		E
Play schemes &activities	180,410	43,459	35,587	259,456
MYL Independent School	281,965	95„533	109,300	486,798
Youth Engagement	166,456	39,071	38,008	243,535
	628,831	178,063	182,895	989,789
2019/20
Play schemes & activities	158,272	51,643	64,034	273,949
MYL Independent School	393,037	101,612	63,092	557,741
Other youth projects	187,733	45,992	43,596	277,321
	739,042	199,247	170,722	1,109,011

MYL Indepe Other youth SUPPORT	ndent School projects &GOVERNANCE	COSTS		393,037 187,733 739,042		101,612 45,992 199,247	63,092 43,596 170,722	557,741 277,321 1,109,011
			costs of	Playg rounds	&		Youth
		Governance	raising funds	related work		Education	Engagement	Total
	2021/21
Staff costs			15,459	23,188		85,023	30,917	154,587
Staff travel	and training costs			149		112	112	372
Professional	&legal fees	7,449						7,449
Office costs		1,024		7,779		5,834	5,834	20,470
Bank charges				52		39	39	130
Depreciation				2,302		12,277	767	15,346
Allocation governance		8,473 ~8,473	15,459 15,459	33,469 2,118 35,587		103,284 6,015 109,300	37,669 339 38,008	198,354 198,354
	2019/20
Staff costs			15,029	55,605		39,826	39,826	150,286
Staff travel	and training costs			758		569	569	1,896
Professional	8 legal fees	9,774						9,774
Office costs		337		2,564		1,923	1,923	6,747
Bank charges				35		26	26	87
Depreciation				2,544		13,569	848	16,961
Allocation governance		10,111 ~10,111	15,029 15,029	61,506 2,528 64,034		55,913 7,179 63,092	43,192 404 43,596	185,751 185,751

NOTES TOTHE FINAN	CI	AL STATEM	ENTS FO	RTHE YE	AR	END	ED MARCH 31	2022
7 STAFF COSTS								2022			2021
The payroll costs ofthe group were			as follows:-								R
Wages 8 salaries								710,996			809,850
Social security costs								57,993			63,842
Pension costs								14,429			15,636
								783,418			889,328
The key management		ofthe charity	comprise	the trustees		and	senior staff as set out on page		1.
The trustees do not	receive any remuneration			for their	services
The total employee	benefits ofother key management				were as		follows:
								123,208			123,208
								Number			Number
The staff salary rates were as follows
Under 660,000								56			59
860,000 - f70,000
The average number	ofemployees		ofthe company was as			follows:-		Number			Number
Charitable activities								52.8			58.2
Support staff								4			4
Governance								0.2			0.2
								57			62.4
8 NET INCOMING RESOURCES BEFORETRANSFERS								2022			2021
This is stated after charging:								f			f
Auditors remuneration:-
Audit fees								3,900			3,900
Accountancy fees								1,550			1,540
Depreciation oftangible		fixed assets						15,346			16,961
Directors' remuneration		8 expenses
9 TANGIBLE FIXEDASSETS				Short
				Leasehold			Playground	Motor	Fixtures	&
				Property			Construction	Vehicle	Equipment		Total
Cost				6
As at April 1 2021				307,559			466,581	3,685	213,595		991,420
Additions									720		720
As at March 312022				307,559			466,581	3,685	214,315		992,140
Depreciation
As at April 1 2021				301,981			352,102	3,685	211,146		868,914
Charge for the year				1,119			11,878		2,349		15,346
As at March 312022				303,100			363,980	3,685	213,495		884,260
Net BookValue
As at March 312022				4,459			102,601		820		107,880
As at April 1 2021				5,578			114,479		2,449		122,506

9	TANGIBLE FIXEDASSET	S (CONTINUED)
					Other
	Fixtures and equipment	are analysed as follows:		Fitness Centre	Fixtures	&
	Cost			Equipment f	Equipment f		Total
	As at April 1 2021			31,724	181,871		213,595
	Additions					720	720
	As at March 312022			31,724	182,591		214,315
	Depreciation
	As at April 1 2021			31,393	179,753		211,146
	Charge for the year				2,349		2,349
	As at March 312022			31,393	182,102		213,495
	Net BookValue
	As at March 312022			331		489	820
	As at April 1 2021			331	2,	118	2,449
				2022			2021
10	DEBTORS
	Trade debtors			68,236			79,847
	Grant and income receivable						30,490
	Staff advances
	Prepayments			19,859			17,562
				88,095			127,899
11	CREDITORS falling due within one year
	Trade creditors			10,316			23,497
	Other taxation and social security			16,014			19,832
	Accruals			44,603			64,769
				70,933			108,098
	All deferred income brought	forward was released	in the year.
12	PROVISIONS FOR LIABILITIES
	At 1st April			30,000			30,000
	Additions
	Utilised
	At 31st March			30,000			30,000

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Within one	year