**Charity Registration No. 1101086** 

**Company Registration No. 04905398 (England and Wales)** 


**WARRINGTON YOUTH ZONE LIMITED (formerly WARRINGTON YOUTH CLUB LIMITED) (A COMPANY LIMITED BY GUARANTEE)** 

**ANNUAL REPORT AND FINANCIAL STATEMENTS** 

**FOR THE PERIOD ENDED 31 MARCH 2022** 

## **“Inspiring young people to achieve”** 




## **WARRINGTON YOUTH ZONE LIMITED** 

## **LEGAL AND ADMINISTRATIVE INFORMATION** 

|**Trustees**|E P Atkinson F.C.A.||
|---|---|---|
||T D Briggs CVO, MBE, K.St.J||
||M Brocklehurst||
||W Carr||
||J Carter||
||A Jones||
||N Jordan||
||T Jordan LLB (Hons), Solicitor||
||J Masraff||
||C Purslow DL||
||P J Worthington|(Appointed 25 May 2021)|
||S Middleton|(Appointed 23 July 2021)|
|**Charity number**|1101086||
|**Company number**|04905398||
|**Registered office**|Warrington Youth Zone||
||Dallam Lane||
||Warrington||
||Cheshire||
||WA2 7NG||
|**Auditor**|Voisey & Co LLP||
||8 Winmarleigh Street||
||Warrington||
||Cheshire||
||WA1 1JW||
|**Bankers**|Barclays||
||23-25 Golden Square||
||Warrington||
||Cheshire||
||WA1 1TW||





## **WARRINGTON YOUTH ZONE LIMITED** 

## **CONTENTS** 

||**Page**|
|---|---|
|Chief Executive's statement|1 - 5|
|Trustees' report|6 - 13|
|Statement of trustees' responsibilities|14|
|Independent auditor's report|15 - 17|
|Statement of financial activities|18 - 19|
|Balance sheet|20|
|Statement of cash flows|21|
|Notes to the financial statements|22 - 38|





## **WARRINGTON YOUTH ZONE LIMITED** 

## **CHIEF EXECUTIVE'S STATEMENT** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **Greetings from Warrington Youth Club CEO, Dave McNicholl** 

## **A period of agile thinking….** 

I am writing this report reflecting on our longest ever financial reporting period, as we have moved from a financial year of 1[st] October to 30[th] September through to the more traditional April to March, which has resulted in us having an 18 month reporting period. As I think back to October 2020, as a nation we were starting to reopen the world after the lockdowns and also seeing different variants of the Coronavirus surging through our communities. Whilst this had a dramatic impact on everything that we planned to deliver to young people and forced us to amend almost everything we did in some manner, it made us much more adaptable, agile and responsive to the changes which surrounded us on a daily basis. At the beginning of the financial reporting period, we had just concluded a six-month contract providing childcare to the front-line health care workers employed by Warrington and Halton NHS Hospitals. 

The majority of our team members were returning from a period of Furlough and we reprofiled our services to make them Covid Safe. As a result of the pandemic and the ensuing restrictions we were following the guidance on a weekly basis from the National Youth Agency on how to deliver services to children and young people. This involved a significant number of online sessions and the establishment of a comprehensive street-based Youth Work team, which involved Youth Workers engaging young people in parks, streets and communities across the borough. 

We secured funding from the National Lottery Catalyst Programme to develop an Online Youth Club for young people from across Warrington and Cheshire. YOOF the online Youth Club for young people is a safe space for children, young people and young adults to explore digital content and then undertake new activities as a result. Through securing additional funding from Cheshire Community Foundation and Assura plc we were able to employ a full time YOOF Coordinator in September 2021. 

The main focus of the time over the past 18 months has been the development of Warrington Youth Zone and the transition from Warrington Youth Club to Warrington Youth Zone. Although Warrington Youth Zone is the 14[th] Youth Zone in the OnSide Network of Youth Zones, we are the first organisation to transition to become a Youth Zone. 

- 1 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **CHIEF EXECUTIVE'S STATEMENT** 

## _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 


This was a complex process and involved a number of steps, including an extensive consultation period with our existing employees. Whilst some roles were amended and role function reviewed, none of the roles were made redundant through the process. Following some administrative tasks, the organisation undertook a name change. 

The next stage was to review and develop the organisation mission and values, our Mission: _“To Transform the lives of Young People across Warrington, through opportunities and challenges, to inspire young people to lead healthier, happier, more positive lives; raising their aspirations to become caring and responsible citizens with more to offer themselves, their families, the community, and employers'._ 

- 2 - 



WARRINGTON YOUTH ZONE LIMITED
CHIEF EXECUTIVE'S STATEMENT
FOR THE PERIOD ENDED 31 MARCH 2022
OUR VALUES

## **WARRINGTON YOUTH ZONE LIMITED** 

## **CHIEF EXECUTIVE'S STATEMENT** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

To become Warrington Youth Zone, we needed to grow in every possible way, firstly, with the recruitment of a significant number of team members, we increased by 100 people, including a number of functions not in existence in Warrington Youth Club, facilities management and catering. Whilst it has been a very challenging environment in which to recruit post Covid-19, we have managed to fill the majority of roles within the organisation. 

As the world began to readjust and reopen, a significant number of children and young people really struggled to reengage in everyday life with many finding returning to the crowded school buildings unmanageable. To respond to this escalating need we developed a partnership with a range of organisations including Think Therapy, who provide a range of clinical and therapeutic interventions which supported those in the most acute need. By working in partnership with the NHS and CCG we have been able to reduce some of the pressure on the Child Adolescent Mental Health Services, CAMHS. 


In September 2021 we were struck by some shocking news, Nick ‘Hoppy’ Hopkinson, our ex-chair, Mentor, Coach, friend, Fundraiser and Leader passed away suddenly. Nick was the driving force behind the development of Warrington Youth Zone and as well as raising millions of pounds to support young people, he also was the protagonist for cutting through the many challenges we experienced in the 14 year long journey to the Youth Zone. One of the many ways that Nick had raised funds for young people in Warrington and Bolton was through trekking on Kilimanjaro, which he summited 9 times, as a memory to Nick we named the climbing Wall in the Youth Zone, _‘Hoppy Heights’_ . 


- 4 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **CHIEF EXECUTIVE'S STATEMENT** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

As you will note through these accounts there are much high sums of funding than in ‘normal’ years, these are associated with the capital build of the Youth Zone and the fit out of the building, much of which was paid for in the later stages of the reporting period. 

OnSide secured funding from Department for Culture Media and Sport in 2020 which was entitled the Community Match Challenge and Youth Zones could have pledged donations matched. In Warrington we managed to secured pledges of £550,000 which allowed us to secure the same amount through the CMC scheme. There was a stipulation that these funds were spent between 1[st] October and 31[st] March 2021. 

Following the construction period, we were given the keys to the Youth Zone by our contractors Caddick Construction on 28[th] March 2022. We then started a programme of Soft Openings, during which time we invited schools, uniformed organisations, Sports Clubs, Community Groups and our neighbours to see the incredible facilities. Following a community street party for the Queen's Jubilee, we held our Grand Opening on Saturday 2[nd] July 2022. The ribbon was cut by one of the young people, one of our volunteers, the Chief Executive of Warrington Borough Council, Steven Broomhead, and one of our Founder Patrons and Board Members, Chris Purslow. This was to signify the four-way partnership required to make a Youth Zone work, the Private Sector, The Community, The Council and Young People. 


Prior to opening the Youth Zone, we set a target of 5,000 members by the end of our first year of operation, end of June 2023, by the end of 2022 we had 6,898 members. Sessions are going really well with regular attendances of over 200 seniors and 275 junior members. 

On a personal note, the journey from Warrington Youth Club to Warrington Youth Zone has been a 14 year long process with many challenges and opportunities. We have been supported throughout this time by so many incredible individuals, organisations, businesses and companies, who have donated much needed funding to make the Youth Zone a reality. However, many, have provided advice, guidance, motivation and inspiration to the whole team and made the Youth Zone a reality. I would like to pay special thanks to the Board of Trustees of Warrington Youth Club, all of whom have been fully invested in delivering a Youth Zone to the children and young people of the borough. 

Thank you all so much. 

Best Wishes 


**Dave McNicholl** Chief Executive Dated: 24 January 2023 

- 5 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, are pleased to present their annual trustees’ report together with the financial statements of the charity for the period ended 31 March 2022 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes. 

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum and Articles of Assocation, the Companies Act 2006 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 1 January 2019)". 

## **Objectives and activities** 

The charity exists to support young people's social, personal and emotional development, offering them opportunities to increase their skills, self-awareness and confidence, enabling them to make positive life choices. Our guiding values are. 

- Learning 

- Choice 

- Participation 

- Diversity 

## **Covid-19:** 

The pandemic had a dramatic impact globally, we were able to mobilise a childcare service for frontline workers in Warrington and Halton hospitals which was delivered throughout the first lockdown period. 

We experienced a significant amount of fluctuation and change with our fundraising throughout 2020 and 2021. Many funders became very responsive to the pandemic and decisions on funding applications were extremely swift. 

Throughout the pandemic we were building our family of founder patrons and when OnSide secured the Community Matched Challenge funding from the Department for Culture Media and Sport, we were in a prime position to raise significant pledges as many of our donors were very interested in donating at a time that their funding would be match funded. 

We managed to secure £461k of pledged income, from which were able to receive an additional £461k of matched income from the fund. The main stipulation being that the matched funding had to be spent by the end of the financial year to 31[st] March 2021. So, whilst income was significantly above forecast in the budget, as a result of this stipulation the expenditure was also significantly higher. 

Throughout the reporting period we maintained a close dialogue with our funders and explained that we were unable to deliver some of the programmes as a result of the lockdown, some of the funders allowed us to divert the funding to our covid response whilst others allowed us to ‘freeze’ the fund. As a result of the commitment, dedication of the team we have secured significantly more income from Grants and Trusts income against the initial budget as we were able to deliver a broad range of services to those who needed it most. This has resulted in a number of programmes including Buddy Up, funded by BBC Children in Need and The Mentoring Programme, Funded by Reaching Communities of the National Lottery, being extended by 6 months. 

As the world has readjusted post-covid, we have experienced a change in access to funding from Grants and Trusts, with many funders taking a more cautionary approach to the distribution of the funds. As we look forward to the financial pressures brought about by the increasing fuel and overall living costs, we are extremely concerned that our income generation will become ever more difficult with so much pressure on the budgets of those who have supported us so far. 

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. 

## **Main activities undertaken:** 

The work of the organisation is not limited to two categories, but most of our offer falls within Universal or Targeted work with young people. 

- 6 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **Universal Play, Youth and Sports offer:** 

Evening Youth Clubs: were run from the Peace Centre Monday to Thursday, Monday and Wednesday are Junior sessions for 7 – 11-year-olds, sessions ran from 6.00pm – 8.00pm and included a programme of dance and drama, arts, sports and a range of recreational activities. Senior sessions took place on Tuesday and Thursday evenings from 6pm until 9:30pm and were open to young people aged 12 – 19 or up to 25 for those with a disability, until we closed our offer at the Peace Centre in December 2021. 

At the Youth Zone our Youth Clubs are open seven days a week, Mondays, Wednesdays, Fridays and Saturdays are Senior Sessions from 4pm – 9pm through the week and 4pm – 10pm at the weekend. Junior Sessions are 4pm – 8pm Tuesdays and Thursdays and 11am – 3pm on Saturdays. We run a session called Springboard for vulnerable and disabled children and young people on Sundays from 11am – 3pm and our Project Zone sessions are run from 4pm – 8pm each Sunday, allowing children and young people a chance to focus on specific activities in a more structured way. 

Holiday Clubs: are aimed at children and young people aged 7 – 16 years of age, most of our members who attend these sessions are 7 – 13 and families book these sessions through our website. The holiday clubs are registered with OFSTED and delivered in various locations across the town including the Peace Centre, until December 2021. The holiday clubs run through every school holiday, excluding Christmas, from 8.00am – 6pm. The Aspire Holiday Club is funded through a contract with Warrington Borough Council as part of the short breaks offer. This is delivered in the local Special Educational Needs and Disabilities schools, Foxwood and Green Lane schools in Warrington and targeted at children and young people who have SEND. 

We have benefited from a funding stream through central Government entitled HAF (Holiday, Activity, Food) this programme was developed following footballer Marcus Rashford campaigning the Government to provide support to children on free school meals to have access to food and activities during the school holidays. 

Gym and Sports Programme: we had a fully equipped Gym for children and young people based in the Junction in Warrington town centre. Prior to the pandemic the facility was open seven days a week after school from 4 – 8pm and over the weekends for a range of sessions targeted at various groups of children and young people, including: 

- Girls and young women 

- SEND children and young people. 

- Boys and young men 

- Family sessions 

Although we closed the gym in December 2021, the Youth Zone has a fully equipped gym with brand new state of the art equipment. 

Detached and Outreach Programme: Over the past three years we have run a detached outreach programme targeting young people who are congregating on the streets and in parks. Our main aim is to engage with young people and encourage them to participate in more constructive activities and promote services available through Warrington Youth Club. This programme has been delivered through a range of partnerships with agencies including Cheshire Police, Cheshire Fire and Rescue and Warrington Borough Council. We continued delivery of the Detached and Outreach programme throughout the transition period from Warrington Youth Club to Warrington Youth Zone to maintain contact with those young people whom we were already connected, and to build relationships with young people who frequented the town centre and therefore likely to use the gym. The funding for these programmes finished in March 2022 and we redeployed the Youth Workers to roles within the Youth Zone. 

- 7 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **Targeted Offer:** 

Our targeted offer is designed both with young people and for young people to ensure those who need support, information, advice and guidance with a range of issues can receive it clearly, effectively and discreetly. Our targeted offer includes: 

Community Mentoring: This is one to one support from a volunteer adult mentor who will support a child or young person for up to 12 months as a mentor, meeting them on a weekly basis. Over the past year we have: 

- Worked with 78 young people on a one-to-one basis as part of the mentoring programme 

- Trained and supported 47 volunteer mentors 

- Incorporated independent travel training into the mentoring programme where appropriate 

- Further established partnership working to ensure we offer additional support to young and hidden carers 

- Delivered group activities focused on developing effective communication and collaboration amongst mentees 

Buddy Up: This is a peer befriending service established in 2010 which provides one to one support for disabled children and young people from a ‘Buddy’, who is someone their own age, or similar, and provides more social opportunities for both young people. Over the past year we have: 

- Worked with 76 young people as part of the Buddy Up programme 

- Trained and supported over 90 Buddies 

- Readjusted to life post Covid and further strengthened our link with the Children’s Adventure Farm Trust, providing many more disabled children and young people the opportunity to benefit from the incredible facilities and experiences provided by the farm 

- Delivered regular group trips, activities and film nights to encourage children and young people on Buddy Up to socialise and develop alongside their peers 

Employability: We work closely with young people, employers and partner agencies to build young peoples’ skills, 

knowledge and experience to improve life skills and increase levels of employability. Over the past year we have: 

- Developed and delivered The Employability Matters programme; a project providing young people with an Employability Coach who supports them as a group with topics such as budgeting and effective communication as well as on an individual basis with job applications, interview technique etc. 

- Worked with 55 young people as part of the Employability Matters programme 

- Strengthened our links with local schools and colleges who are making referrals to this programme for some school refusers and those deemed to be at risk of NEET 

- Developed a partnership with Warrington Job Centre to offer an Employability Hub; a project their job coaches can refer into, offering individual support to any of their ‘clients’ struggling to gain employment 

- Worked with 133 young people as part of the Employability Hub, including offering tailored, intensive provision for some of the hardest to reach young people 

- 8 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

Personal Development Programmes: This is an umbrella title for a range of programmes we provide to young people, including Tough Minds, a mental and physical health awareness programme for 14 – 19-year-old males and Pretty Tough, a confidence and self-esteem building programme for 13 – 16-year-old females. Over the past year we have: 

- Worked with 134 young people as part of the Tough Minds programme and 112 young people on the Pretty Tough programme 

- Successfully delivered the programmes in schools across Warrington where reporting shows a significant increase in young people engaging with school, improved attendance figures and preferable behaviour 

- Whilst we have not been able to secure further funding for the continuity of the PDP programmes, the Coordinator has been redeployed as the Sports Coordinator for Warrington Youth Zone 

Emotional Health and Wellbeing: With Mental Health and wellbeing featuring as a major issue in young peoples’ lives, we have developed a programme to offer support in this area. Over the past year we have: 

- Developed a team to support the Emotional Health and Wellbeing Lead with new and existing programme delivery 

- Extended the EH&W one to one support available for young people deemed to be in the higher category of need according to our referral system 

- Continued to establish and develop links with external partners and agencies to ensure signposting to alternative services is as effective and relevant as possible 

- Utilised Onside funding for a ‘Culture of Health’ programme to train the staff team in Mental Health First Aid and to develop three of the team further to allow them to deliver both wellbeing drop-in sessions alongside group projects focused on key areas of need support 

- Recently secured a contract with ICS (Integrated Care Systems – formally the Clinical Commissioning Group, part of the NHS) to develop this work to run as a 7-day service in 2023 

National Citizen Service: Warrington Youth Club have been the sole provider of the government’s flagship Youth Programme, NCS, since 2012. The personal development programme aimed at young people in years 11 and 12 normally supports over 600 young people each year in Warrington. In 2021 the programme was very challenging to run as it was still heavily affected by both young people and staff members contracting Covid, we managed to deliver the programme to 300 young people through the year. In 2022 things were more stable and 600 young people completed the programme in the final year of the current contract. We are currently awaiting confirmation of the format of NCS programmes for the coming year. As well as our Summer and Autumn NCS programmes, in the past year we have: 

- Delivered the Skills Booster programme to 236 young people offering a range of workshops and activities to help support Year 11 students with key skills and Employability provision 

- Delivered the Changemakers programme 136 young people encouraging them to design and deliver local action projects supporting the local community 

## **Volunteers** 

Both young people and adults contribute as volunteers to the work of the charity. Attributing an economic value to the volunteers' contributions is not possible and as such has not been included in the accounts. Prior to the pandemic we had an average of 125 active volunteers, including 50 young volunteers. Most of our volunteers isolated during the pandemic and one of our main objectives as we move out of the lockdown is to rebuild our volunteer team. 

Over the reporting period we have split the volunteer recruitment and management into the two areas of Targeted and Universal. We have a full-time volunteer coordinator and a part time (0.6 FTE) volunteer coordinator working on our targeted programmes. 

- 9 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **Financial review** 

During the 18 month period, Total incoming resources have increased to £8,894,864 (2020: £1,983,569) and Total resources expended have increased to £1,870,011 (2020: £1,038,386), resulting in an increased net movement in funds of £7,024,853 (2020: £945,183).  £6,728,052 of the net increase in funds is on restricted funds as the charity moves towards the opening of the Youth Zone in 2022. 

The Trustees have reviewed the reserves policy for the Warrington Youth Zone and in particular have considered the future requirements as it formally moves towards a Youth Zone. This review encompassed the nature of the income and expenditure streams and the nature of the reserves required. The review concluded that to allow the charity to be managed efficiently and to provide an uninterrupted service to our client base, unrestricted free reserves of at least three months running costs is required. For the Youth Zone this requirement is a figure of over £325,000. 

At 31 March 2022 there were unrestricted funds of £560,314, which is sufficient to cover existing Youth Club requirements and, with the expected future cashflows, the charity expects to have the required level of free reserves in 2022/2023. 

## **Principal funding sources** 

The principal funding sources for the charity are currently by way of grants and trusts from several Grant making Trusts including those detailed in the notes to the accounts and donations. 

## **Investment policy and objectives** 

The trustees have taken professional advice relating to the investment of the assets of the charity. 

## **Risk management** 

The trustees have a risk management strategy which comprises: 

- an annual review of the principal risks and uncertainties that the Charity faces. 

- the establishment of policies, systems and procedures to mitigate those risks identified in the annual review. 

- the implementation of procedures designed to minimise or manage any potential impact on the charity should these risks materialise. 

This work has identified that financial sustainability as the charity moves towards a Youth Zone is the major financial risk for the Charity. 

Attention has also been focused on non-financial risks arising from safeguarding of the young people's welfare. This is managed closely via robust policies and procedures, independent checks and regular awareness training of staff. 

## **Future plans** 

Warrington Youth Zone are part of a national Network of Youth Zones. The charity Onside Youth Zones supports the sustainability and expansion of this Network to ensure more young people across the country are supported with opportunities. We will continue to work with Onside for the betterment of the Network and Warrington Youth Zone. 

Finally, as indicated earlier in this report, at the point of writing, the Youth Zone has been open for six months and is developing well. The plan is to continue this development to ensure the Youth Zone provides support to the young people of Warrington for years to come. 

- 10 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **Structure, governance and management** 

The organisation is a company limited by guarantee incorporated 19 September 2003. 

The Company was registered as a charity 8 December 2003, but prior to incorporation the organisation had existed as an unincorporated charity since 2001. On 4 April 2022 the charity changed its name by way of special resolution to Warrington Youth Zone Limited from Warrington Youth Club Limited. 

The Company commenced its activities on 1 October 2003. 

The Company was established under the Memorandum of Association which established the objects and powers of the charitable Company and is governed under its Articles of Association. The Memorandum and Articles of Association incorporated the Trust Deed of the old Club and have been approved by the Charity Commission. 

The charity is a member of the Youth Federation, and has a close relationship with Warrington Borough Council, working with the Youth Service to ensure we can offer complementary services. The organisation became a member of the OnSide Network of Youth Zones in July 2016. 

The charity’s base of operation was the Peace Centre until March 2022, the new base of operation is Warrington Youth Zone, Dallam Lane, Warrington, which is solely occupied and managed by the organisation. 

The charity had a satellite base in a disused training centre on Buttermarket Street in the town centre, entitled ‘The Junction’ which was in operation until December 2021, this venue houses a training room and meeting space and also a gym for young people. Occupation of the Junction is provided free of charge by a private landlord. 

Partnership projects are run with several external organisations including Warrington Disability, in accordance with formal partnership agreements. 

## **Related parties and co-operation with other organisations** 

None of the trustees receive remuneration or other benefit from their work with the charity. Any connection between a trustee or Senior Manager of the charity with its suppliers must be disclosed to the full board of trustees in the same way as any other contractual relationship with a related party. Any such transactions are disclosed in note 21 to the accounts. 

The trustees, who are also the directors for the purpose of company law, and who served during the period and up to the date of signature of the financial statements were: 

E P Atkinson F.C.A. T D Briggs CVO, MBE, K.St.J M Brocklehurst W Carr J Carter A Jones N Jordan T Jordan LLB (Hons), Solicitor J Masraff C Purslow DL P J Worthington (Appointed 25 May 2021) S Middleton (Appointed 23 July 2021) 

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £10 in the event of a winding up. 

- 11 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **Trustee structure** 

There are 12 trustees who are also directors of the organisation, each board member adopts a portfolio of responsibility for which they work with the leadership team and report to the board on progress in their area. A member of the team is aligned with each board member to ensure there is a link between the governance and the operations. 

## **Organisational Chart** 


**----- Start of picture text -----**<br>
President of Warrington Youth Club<br>David Briggs<br>Chair of Warrington Youth Club<br>Mark Brocklehurst<br>Young  Community<br>Legal  Finance  Health and  HR / People  Council  OnSide Rep<br>Tim Jordan  Peter  Nicola Jordan  Safeguarding  William Carr  Marketing  Safety  Angela  Rep.  People  Paula  Jamie  Stuart Links<br>Vice Chair  Atkinson  Chris Purslow  Jones  Jean Carter  Worthington  Masraff  Middleton<br>Team<br>Team<br>Team<br>Team  Member  Team  Member  Team  Team  Team  Member  Team  Team<br>Member  Link  Member Link  Link  Member Link  Member  Member Link  Link  Member  Member<br>Link  Link  Link  Link<br>Head of<br>Marketing  CEO  CEO  Head of<br>CEO  Targeted  CEO<br>and Comms  Fundraising<br>CEO  Youth<br>HR / Office  Programme  Manager  Facilities  HR / Office  Work  Team<br>Book  Manager<br>Manager<br>Manager<br>Keeper<br>**----- End of picture text -----**<br>


- 12 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

The Charity Chief Executive, David McNicholl, provides key strategic leadership to the Club and chairs the Senior Leadership Team meetings every month which provide the opportunity to strategically set goals, review progress against and identify actions that ensure objectives relating to policies, performance and practice, across all sections of the Club. 


## **Induction and training of new trustees** 

New trustees undergo an induction session to brief them on the legal obligations under charity and Company law, the content of the Memorandum and Articles of Association, the committee and decision-making processes, the strategic plan and recent financial performance of the charity. The trustees are offered information on and encouraged to attend external training events deemed to be of relevance to their role. All trustees are issued with a Trustee Handbook which has been developed by the OnSide Network and is updated periodically. All trustees are invited to training pertinent to the role of a trustee annually, they are also invited to attend monthly seminars delivered by the OnSide Network on issues including Governance, Health and Safety, Charity Finance and Safeguarding. 

## **Public benefit** 

The trustees have considered the Charity Commissions guidance on public benefit and in particular, the guidance on the support for young people. The trustees believe this Charity provides a public benefit as its principal activities is to support young people's social developments and well-being, offering them opportunities to increase their skills and confidence, therefore helping them to make positive life choices. 

## **Auditor** 

In accordance with the company's articles, a resolution proposing that Voisey & Co LLP be reappointed as auditor of the company will be put at a General Meeting. 

## **Disclosure of information to auditor** 

Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information. 

The trustees' report was approved by the Board of Trustees. 


**E P Atkinson F.C.A.** Trustee Dated: 24 January 2023 

- 13 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** 

## _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

The trustees, who are also the directors of Warrington Youth Zone Limited for the purpose of company law, are responsible for preparing the Trustees' 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 charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. 

In preparing these financial statements, the trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charities SORP; 

- make judgements and estimates that are reasonable and prudent; 

- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and 

- 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 adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity 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 charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

- 14 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **INDEPENDENT AUDITOR'S REPORT** 

## **TO THE TRUSTEES OF WARRINGTON YOUTH ZONE LIMITED** 

## **Opinion** 

We have audited the financial statements of Warrington Youth Zone Limited (the ‘charity’) for the period ended 31 March 2022 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 _The Financial Reporting Standard applicable in the UK and Republic of Ireland_ (United Kingdom Generally Accepted Accounting Practice). 

In our opinion, the financial statements: 

- give a true and fair view of the state of the charitable company's affairs as at 31 March 2022 and of its incoming resources and application of resources, including its income and expenditure, for the period then ended; 

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and 

- have been prepared in accordance with the requirements of the Companies Act 2006. 

## **Basis for opinion** 

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the _Auditor's responsibilities for the audit of the financial statements_ section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. 

## **Conclusions relating to going concern** 

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. 

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. 

## **Other information** 

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. 

We have nothing to report in this regard. 

## **Opinions on other matters prescribed by the Companies Act 2006** 

In our opinion, based on the work undertaken in the course of our audit: 

- the information given in the trustees' report for the financial period for which the financial statements are prepared, which includes the directors' report prepared for the purposes of company law, is consistent with the financial statements; and 

- the directors' report included within the trustees' report has been prepared in accordance with applicable legal requirements. 

- 15 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF WARRINGTON YOUTH ZONE LIMITED** 

## **Matters on which we are required to report by exception** 

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the trustees' report. 

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: 

- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or 

- the financial statements are not in agreement with the accounting records and returns; or 

- certain disclosures of trustees' remuneration specified by law are not made; or 

- we have not received all the information and explanations we require for our audit; or 

- the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the trustees' report and from the requirement to prepare a strategic report. 

## **Responsibilities of trustees** 

As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. 

## **Auditor's responsibilities for the audit of the financial statements** 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. 

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below. 

Based on our understanding of the charitable company and sector, we identified that the principal risks of noncompliance with laws and regulations related to, but were not limited to, the Companies Act 2006, the Charities Act 2011, employment, pension and health and safety legislation and we considered the extent to which noncompliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006. 

We evaluated management’s incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls) and determined that the principal risks were related to management bias in accounting estimates and judgements and the risk of fraud in revenue recognition. 

- 16 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF WARRINGTON YOUTH ZONE LIMITED** 

Our procedures to respond to risks identified included the following: 

- reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with provisions of relevant laws and regulations described as having a direct effect on the financial statements; 

- enquiring of management about actual and potential litigation and claims, their policies and procedures to prevent and detect fraud as well as whether they have knowledge of any actual, suspected or alleged fraud; 

- performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud; 

- reading minutes of meetings of those charged with governance; 

- obtaining an understanding of provisions and holding discussions with management to understand the basis of recognition or non-recognition of provisions; and 

- in addressing the risk of fraud through management override of controls: testing the appropriateness of journal entries; assessing whether the accounting estimates, judgements and decisions made by management are indicative of a potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business. 

We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit. 

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. 

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report. 

## **Use of our report** 

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed. 


**Lee Warburton BA FCA (Senior Statutory Auditor) For and on behalf of Voisey & Co LLP** 

27th January 2023 

**Chartered Accountants Statutory Auditor** 

**8 Winmarleigh Street Warrington Cheshire WA1 1JW** 

- 17 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

|**Current financial year**<br>**Unrestricted**<br>**Restricted**<br>**funds**<br>**funds**<br>**2022**<br>**2022**<br>**Notes**<br>**£**<br>**£**<br>**Income and endowments from:**<br>Donations and legacies<br>**3**<br>79,947<br>1,282,174<br>Charitable activities<br>**4**<br>1,095,913<br>6,396,310<br>Other trading activities<br>**5**<br>-<br>8,570<br>Investments<br>**6**<br>11,053<br>-<br>Other income<br>**7**<br>20,897<br>-<br>**Total income**<br>1,207,810<br>7,687,054<br>**Expenditure on:**<br>Raising funds<br>**8**<br>88,589<br>-<br>Charitable activities<br>**9**<br>822,420<br>959,002<br>**Total resources expended**<br>911,009<br>959,002<br>**Net income/(expenditure)**<br>296,801<br>6,728,052<br>Gross transfers between funds<br>**17**<br>(222,269)<br>222,269<br>**Net movement in funds**<br>74,532<br>6,950,321<br>Fund balances at 1 October 2020<br>485,782<br>1,489,113<br>**Fund balances at 31 March 2022**<br>560,314<br>8,439,434|**Total**<br>**2022**<br>**£**<br>1,362,121<br>7,492,223<br>8,570<br>11,053<br>20,897<br>8,894,864<br>88,589<br>1,781,422<br>1,870,011<br>7,024,853<br>-<br>7,024,853<br>1,974,895<br>8,999,748|Total<br>2020<br>**£**<br>1,020,870<br>888,784<br>8,270<br>708<br>64,937|
|---|---|---|
|||1,983,569|
|||34,680|
|||1,003,706|
|||1,038,386|
|||945,183<br>-|
|||945,183<br>1,029,712|
|||1,974,895|



The statement of financial activities includes all gains and losses recognised in the period. 

All income and expenditure derive from continuing activities. 

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. 

- 18 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **Prior financial year** 

|**Unrestricted**<br>**Restricted**<br>**funds**<br>**funds**<br>**2020**<br>**2020**<br>**Notes**<br>**£**<br>**£**<br>**Income and endowments from:**<br>Donations and legacies<br>**3**<br>125,101<br>895,769<br>Charitable activities<br>**4**<br>678,575<br>210,209<br>Other trading activities<br>**5**<br>8,270<br>-<br>Investments<br>**6**<br>708<br>-<br>Other income<br>**7**<br>64,937<br>-<br>**Total income**<br>877,591<br>1,105,978<br>**Expenditure on:**<br>Raising funds<br>**8**<br>34,680<br>-<br>Charitable activities<br>**9**<br>655,223<br>348,483<br>**Total resources expended**<br>689,903<br>348,483<br>**Net income/(expenditure)**<br>187,688<br>757,495<br>Gross transfers between funds<br>**17**<br>9,634<br>(9,634)<br>**Net movement in funds**<br>197,322<br>747,861<br>Fund balances at 1 October 2019<br>288,460<br>741,252<br>**Fund balances at 30 September 2020**<br>485,782<br>1,489,113|**Total**<br>**2020**<br>**£**<br>1,020,870<br>888,784<br>8,270<br>708<br>64,937|
|---|---|
||1,983,569|
||34,680|
||1,003,706|
||1,038,386|
||945,183<br>-|
||945,183<br>1,029,712|
||1,974,895|



The statement of financial activities includes all gains and losses recognised in the period. 

All income and expenditure derive from continuing activities. 

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. 

- 19 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **BALANCE SHEET** 

## _**AS AT 31 MARCH 2022**_ 

|**Notes**<br>**Fixed assets**<br>Tangible assets<br>**14**<br>**Current assets**<br>Debtors<br>**15**<br>Cash at bank and in hand<br>**Creditors: amounts falling due within**<br>**one year**<br>**16**<br>Net current assets<br>**Total assets less current liabilities**<br>**Income funds**<br>Restricted funds<br>**17**<br>Unrestricted funds|**2022**<br>**£**<br>**£**<br>6,670,547<br>154,089<br>2,502,370<br>2,656,459<br>(327,258)<br>2,329,201<br>8,999,748<br>8,439,434<br>560,314<br>8,999,748|**2020**<br>**£**<br>**£**<br>886,647<br>259,145<br>1,003,505<br>1,262,650<br>(174,402)<br>1,088,248<br>1,974,895<br>1,489,113<br>485,782<br>1,974,895|**2020**<br>**£**<br>**£**<br>886,647<br>259,145<br>1,003,505<br>1,262,650<br>(174,402)<br>1,088,248<br>1,974,895<br>1,489,113<br>485,782<br>1,974,895|
|---|---|---|---|
||||1,974,895|
||||1,489,113<br>485,782|
||||1,974,895|



The financial statements were approved by the Trustees on 24 January 2023 


E P Atkinson F.C.A. 

**Trustee** 

## **Company registration number 04905398** 

- 20 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **STATEMENT OF CASH FLOWS** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

|**2022**<br>**Notes**<br>**£**<br>**£**<br>**Cash flows from operating activities**<br>Cash generated from operations<br>**23**<br>7,282,572<br>**Investing activities**<br>Purchase of tangible fixed assets<br>(5,794,760)<br>Proceeds from disposal of  investments<br>-<br>Investment income received<br>11,053<br>**Net cash used in investing activities**<br>(5,783,707)<br>**Net cash used in financing activities**<br>-<br>**Net increase in cash and cash equivalents**<br>1,498,865<br>Cash and cash equivalents at beginning of period<br>1,003,505<br>**Cash and cash equivalents at end of period**<br>2,502,370|**2020**<br>**£**<br>**£**<br>913,554<br>(307,569)<br>2,104<br>708<br>(304,757)<br>-<br>608,797<br>394,708<br>1,003,505|
|---|---|



- 21 - 



**WARRINGTON YOUTH ZONE LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **1 Accounting policies** 

## **Charity information** 

Warrington Youth Zone Limited is a private company limited by guarantee incorporated in England and Wales and a registered charity in England and Wales. The registered office is Warrington Youth Zone, Dallam Lane, Warrington, Cheshire, WA2 7NG. 

## **1.1 Accounting convention** 

The financial statements have been prepared in accordance with the charity's governing document,  the Companies Act 2006 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 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102. 

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. 

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 

## **1.2 Going concern** 

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 

## **1.3 Charitable funds** 

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. 

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. 

## **1.4 Income** 

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. 

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. 

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. 

Donated services and facilities are recognised as income when the charity has control over the item, any conditions associated with the item have been met, the receipt of the economic benefit from the use by the charity of the item is probable and the the economic benefit can be measured reliably. 

On receipt, donated services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would be willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt. 

- 22 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **1 Accounting policies** 

**(Continued)** 

The accrual model has been adopted to recognise government grants in the year and are measured at the fair value of the asset received or receivable. Where a grant becomes repayable it is recognised as a liability when the repayment meets the definition of a liability. 

Grant income in the year of £20,897 is in relation to the Coronavirus Job Retention Scheme, all conditions attached to the grant have been met. 

## **1.5 Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to the expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

Expenditure on charitable activities includes the costs incurred by the charity to enable it to fulfil its core operations. 

Other expenditure represents those items not falling into any other heading. 

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

## **1.6 Tangible fixed assets** 

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. 

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: 

Plant and machinery 15% per annum on cost Fixtures and fittings 20% per annum on cost Motor vehicles 20% per annum on a reducing balance basis Assets under construction Nil 

Assets in the course of construction are not depreciated and are in respect of costs for the Warrington Youth Zone Project. 

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 

## **1.7 Impairment of fixed assets** 

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). 

## **1.8 Cash and cash equivalents** 

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 

- 23 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **1 Accounting policies** 

## **(Continued)** 

## **1.9 Financial instruments** 

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. 

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. 

## _**Basic financial assets**_ 

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. 

## _**Impairment of financial assets**_ 

Financial assets, other than those held at fair value through income and expenditure, are assessed for indicators of impairment at each reporting date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. 

If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in net income/(expenditure) for the year. 

## _**Derecognition of financial assets**_ 

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the charity transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party. 

## _**Basic financial liabilities**_ 

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. 

## _**Derecognition of financial liabilities**_ 

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled. 

- 24 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **1 Accounting policies** 

## **(Continued)** 

## **1.10 Employee benefits** 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. 

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 

## **1.11 Retirement benefits** 

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. 

## **1.12 Reporting period length** 

The charity has changed its reporting period end to 31 March from 30 September and consequently these financial statements represent an 18 month period. The comparative amounts presented in the financial statements (including the related notes) may not therefore be entirely comparable. 

## **2 Critical accounting estimates and judgements** 

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. 

- 25 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **3 Donations and legacies** 

|**Unrestricted**<br>**Restricted**<br>**funds**<br>**funds**<br>**2022**<br>**2022**<br>**£**<br>**£**<br>Donations and gifts<br>79,947<br>1,282,174<br>Donated goods and<br>services<br>-<br>-<br>**Donations and gifts**<br>Youth Zone Capital<br>Project<br>-<br>-<br>Other charitable<br>purposes<br>79,947<br>1,282,174<br>79,947<br>1,282,174|**Total**<br>Unrestricted<br>funds<br>**2022**<br>2020<br>**£**<br>£<br>1,362,121<br>40,603<br>-<br>84,498<br>-<br>-<br>1,362,121<br>40,603<br>1,362,121<br>40,603|Restricted<br>funds<br>2020<br>£<br>895,769<br>-<br>300,008<br>595,761<br>895,769|Total<br>2020<br>£<br>936,372<br>84,498|
|---|---|---|---|
||||300,008<br>636,364|
||||936,372|



- 26 - 



**WARRINGTON YOUTH ZONE LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** 

## _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **4 Charitable activities** 

||**Youth work **|**Youth work**|
|---|---|---|
||**2022**|**2020**|
||**£**|**£**|
|Income from charitable activites|7,492,223|888,784|
|Analysis by fund|||
|Unrestricted funds|1,095,913|678,575|
|Restricted funds|6,396,310|210,209|
||7,492,223|888,784|
|**Income**|**£**|**£**|
|Fitness Suite / Gym|5,441|46,927|
|Youth Club|59,325|67,819|
|Buddy Up|73,827|56,948|
|Holiday Club|64,848|44,645|
|Project Metaphor|4,742|10,017|
|Emotional Health & Wellbeing|38,536|33,000|
|Mentoring|105,525|52,625|
|NCS|327,446|331,451|
|Outreach|48,487|23,304|
|New Leaf|-|838|
|Transitions|81,298|-|
|Youth Voice|32,937|-|
|Digital Platform|36,710|-|
|Youth Zone Capital Project|5,901,019||
|Other|712,082|221,210|
||7,492,223|888,784|



Other includes NHS Holiday Club income of £140,854 (2020: £209,695) which is derived from the Youth Club supporting and offering childcare for NHS staff during the pandemic, and £553,873 (2020: £Nil) income from the Department of Culture and Sport as part of their Community Match Challenge programme. 

|**Including the following grants and awards**|**£**|**£**|
|---|---|---|
|Active Cheshire|-|812|
|Austin & Hope Pilkington Trust|-|5,000|
|BBC Children In Need|80,089|64,208|
|Cheshire Community Foundation|2,358|43,175|
|Clarion Futures|-|4,120|
|Derwent Capital|-|10,000|
|DWF Foundation|-|1,650|
|Edward Gostling Foundation|-|9,170|
|Football Foundation|600|300|
|Masonic Charitable Foundation|26,347|2,579|
|National Lottery Community Fund|45,072|60,266|
|Nationwide Community Grants|24,798|20,919|
|NCS|-|42,050|



- 27 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

|**4**|**Charitable activities**||**(Continued)**|
|---|---|---|---|
||StreetGames|7,050|5,650|
||Warrington Borough Council|3,620,019|6,112|
||Onside Foundation|2,150,000||
||Youth Endowment Fund|44,949|3,538|
|||6,001,282|305,973|
|**5**|**Other trading activities**|||
|||**Restricted**|Unrestricted|
|||**funds**|funds|
|||**2022**|2020|
|||**£**|£|
||Fundraising events|8,570|8,270|
|**6**|**Investments**|||
|||**Unrestricted**|Unrestricted|
|||**funds**|funds|
|||**2022**|2020|
|||**£**|£|
||Deposit account interest|11,053|708|
|**7**|**Other income**|||
|||**Unrestricted**|Unrestricted|
|||**funds**|funds|
|||**2022**|2020|
|||**£**|£|
||Other income|20,897|64,937|



Other income includes income of £20,897 (2020: £64,155) received from the Government's Job Retention Scheme in response to Covid-19. 

- 28 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **8 Raising funds** 

|**9**|**Unrestricted**<br>Unrestricted<br>**funds**<br>funds<br>**2022**<br>2020<br>**£**<br>£<br>Fundraising and publicity<br>Other fundraising costs<br>14,471<br>2,042<br>Staff costs<br>74,118<br>32,638<br>Fundraising and publicity<br>88,589<br>34,680<br>88,589<br>34,680<br>**Charitable activities**<br>**2022**<br>**2020**<br>**£**<br>**£**<br>Staff costs<br>1,079,287<br>623,379<br>Other costs<br>157,596<br>37,173<br>Advertising and stationery<br>8,520<br>18,216<br>Bad debt provision<br>(1,151)<br>(17,959)<br>Insurance<br>11,873<br>8,241<br>Office costs<br>22,879<br>16,860<br>Repairs and maintenance<br>21,756<br>1,432<br>Rent<br>58,755<br>116,739<br>Telephone<br>15,640<br>10,384<br>Training and consultancy<br>113,897<br>8,337<br>Travel costs<br>45,292<br>14,909<br>Sundry costs<br>15,783<br>21,491<br>Hospitality<br>7,688<br>4,959<br>1,557,815<br>864,161<br>Share of support costs (see note 10)<br>220,857<br>136,965<br>Share of governance costs (see note 10)<br>2,750<br>2,580<br>1,781,422<br>1,003,706<br>**Analysis by fund**<br>Unrestricted funds<br>822,420<br>655,223<br>Restricted funds<br>959,002<br>348,483<br>1,781,422<br>1,003,706|
|---|---|



- 29 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **10 Support costs** 

|**Support costs**|||||
|---|---|---|---|---|
|Staff costs<br>Depreciation<br>Bank charges<br>Legal & professional<br>Accountancy<br>Audit fees<br>Analysed between<br>Charitable activities|**Support**<br>**costs**<br>**Governance**<br>**costs**<br>**£**<br>**£**<br>174,250<br>-<br>10,860<br>-<br>6,439<br>-<br>8,819<br>-<br>20,489<br>-<br>-<br>2,750<br>220,857<br>2,750<br>220,857<br>2,750|**2022**<br>**£**<br>174,250<br>10,860<br>6,439<br>8,819<br>20,489<br>2,750<br>223,607<br>223,607|**Support**<br>**costs**<br>**Governance**<br>**costs**<br>**£**<br>**£**<br>112,783<br>-<br>7,101<br>-<br>1,871<br>-<br>1,541<br>-<br>13,669<br>-<br>-<br>2,580<br>136,965<br>2,580<br>136,965<br>2,580|**2020**<br>**£**<br>112,783<br>7,101<br>1,871<br>1,541<br>13,669<br>2,580|
|||||139,545|
|||||139,545|



Governance costs includes payments to the auditors of £2,750 (2020- £2,580) for audit fees. 

Both support and governance costs have been reallocated to charitable activities. 

## **11 Trustees** 

None of the trustees (or any persons connected with them) received any remuneration during the period. None of the trustees were reimbursed travelling expenses during the period (2020: £nil). 

## **12 Employees** 

The average monthly number of employees during the period was: 

|Management & finance<br>Fundraising<br>Youth workers<br>Total<br>**Employment costs**<br>Wages and salaries<br>Social security costs<br>Other pension costs|**2022**<br>**Number**<br>6<br>2<br>41<br>49<br>**2022**<br>**£**<br>1,217,131<br>87,799<br>22,725<br>1,327,655|**2020**<br>**Number**<br>6<br>2<br>37|
|---|---|---|
|||45|
|||**2020**<br>**£**<br>705,107<br>49,909<br>13,784|
|||768,800|



The current year wages and salaries figure represents an 18 month period to 31 March 2022. 

- 30 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **12 Employees** 

## **(Continued)** 

The number of employees whose annual remuneration was £60,000 or more were: 

|||**2022**|**2020**|
|---|---|---|---|
|||**Number**|**Number**|
|£60,000|to £70,000|1|1|



## **13 Retirement benefit schemes** 

## **Defined contribution schemes** 

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

The charge to profit or loss in respect of defined contribution schemes was £22,725 (2020 - £13,784). 

## **14 Tangible fixed assets** 

|**14**<br>**Tangible fixed assets**|||
|---|---|---|
|**Assets under**<br>**construction**<br>**£**<br>**Cost**<br>At 1 October 2020<br>851,304<br>Additions<br>5,498,063<br>At 31 March 2022<br>6,349,367<br>**Depreciation and impairment**<br>At 1 October 2020<br>-<br>Depreciation charged in the period<br>-<br>At 31 March 2022<br>-<br>**Carrying amount**<br>At 31 March 2022<br>6,349,367<br>At 30 September 2020<br>851,304<br>**15**<br>**Debtors**<br>**Amounts falling due within one year:**<br>Trade debtors<br>Other debtors<br>Prepayments and accrued income|**Plant and**<br>**machinery**<br>**Fixtures and**<br>**fittings**<br>**Motor vehicles**<br>**£**<br>**£**<br>**£**<br>55,710<br>35,166<br>62,302<br>-<br>296,697<br>-<br>55,710<br>331,863<br>62,302<br>55,710<br>27,141<br>34,984<br>-<br>4,217<br>6,643<br>55,710<br>31,358<br>41,627<br>-<br>300,505<br>20,675<br>-<br>8,025<br>27,318<br>**2022**<br>**£**<br>104,878<br>-<br>49,211<br>154,089|**Total**<br>**£**<br>1,004,482<br>5,794,760|
|||6,799,242|
|||117,835<br>10,860|
|||128,695|
|||6,670,547|
|||886,647|
|||**2020**<br>**£**<br>124,796<br>5,009<br>129,340|
|||259,145|



Included within prepayments and accrued income is accrued income of £34,766 (2020: £101,235) 

- 31 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **16 Creditors: amounts falling due within one year** 

|**Creditors: amounts falling due within one year**|||
|---|---|---|
|Other taxation and social security<br>Trade creditors<br>Other creditors<br>Accruals and deferred income|**2022**<br>**£**<br>19,189<br>122,082<br>6,329<br>179,658<br>327,258|**2020**<br>**£**<br>14,596<br>42,111<br>3,925<br>113,770|
|||174,402|



Included within accruals and deferred income is deferred income of £174,986 (2020: £110,628) which comprises of grants received in respect of later accounting periods. 

The balance brought forward of £110,628 was released to the Statement of Financial Activities in the period. 

- 32 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **17 Restricted funds** 

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes: 

|||**Movement in funds**|**Movement in funds**|||**Movement in funds**|**Movement in funds**|||
|---|---|---|---|---|---|---|---|---|---|
||**Balance at**|**Income**|**Expenditure**|**Transfers**|**Balance at**|**Income**|**Expenditure**|**Transfers**|**Balance at**|
||**1 October**||||**1 October**||||**31 March**|
||**2019**<br>**£**|**£**|**£**|**£**|**2020**<br>**£**|**£**|**£**|**£**|**2022**<br>**£**|
|Buddy Up|18,151|56,948|(41,391)|(18,151)|15,557|79,587|(81,028)|28,044|42,160|
|Young Men's Health Group|-|-|(4,233)|4,233|-|-|-|-|-|
|Digital Platform|-|-|-|-|-|36,710|(22,507)|35|14,238|
|Bubble|-|-|-|-|-|3,459|(4,731)|1,272|-|
|Core Mentoring Programme|8,464|77,981|(74,786)|(8,464)|3,195|110,795|(115,707)|11,489|9,772|
|Youth Zone Capital Project|674,366|300,008|(300)|-|974,074|5,901,019|(501)|-|6,874,592|
|Emotional Health & Wellbeing|31,250|33,000|(27,488)|-|36,762|63,536|(114,680)|63,000|48,618|
|New Leaf|-|838|(2,474)|1,636|-|-|-|-|-|
|Outreach|9,021|23,304|(13,751)|(9,021)|9,553|48,487|(84,859)|26,819|-|
|Zone to Home|-|-|-|-|-|23,604|(36,240)|12,636|-|
|Careers & Enterprise|-|-|(1,756)|1,756|-|-|-|-|-|
|Christmas Meal|-|908|(3,390)|2,482|-|11,678|(17,206)|5,528|-|
|Development Group|-|(206)|(738)|944|-|120|(24)|(96)|-|
|Study Buddies|-|-|-|-|-|5,577|(1,926)|(3,651)|-|
|Get a Job|-|-|(723)|723|-|27,333|(19,457)|8,144|16,020|
|Culture of Health|-|-|-|-|-|2,844|(4,743)|1,899|-|
|Transitions|-|-|-|-|-|81,298|(78,780)|(2,518)|-|
|Youth Zone at Home|-|-|-|-|-|1,000|(4,523)|3,523|-|
|Youth Voice|-|-|-|-|-|33,062|(46,428)|13,366|-|
|Onside Support|-|-|(54)|54|-|-|-|-|-|
|Aspire AG|-|-|-|-|-|8,491|(5,550)|-|2,941|
|Holiday Club - Aspire|-|30,883|(27,393)|-|3,490|64,848|(69,796)|34,138|32,680|
|Making Change (PDP)|-|-|(2,213)|2,213|-|13,772|(45,183)|32,051|640|
|Mentoring - intergenerational|-|-|(2,584)|2,584|-|-|-|-|-|
|Project metaphor|-|10,017|(2,133)|-|7,884|4,742|(2,709)|-|9,917|
|UBS|-|-|(9,377)|9,377|-|9,893|(1,007)|(8,886)|-|



- 33 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **17 Restricted funds** 

|**Restricted funds**<br>YouthWatch<br>YZY0<br>Snowcamp|-<br>-<br>-<br>741,252|1,235<br>570,612<br>450<br>1,105,978|(110)<br>(133,139)<br>(450)<br>(348,483)|-<br>-<br>-<br>(9,634)|1,125<br>437,473<br>-<br>1,489,113|3,707<br>1,151,492<br>-<br>7,687,054|(143)<br>(201,274)<br>-<br>(959,002)|**(Continued)**<br>(4,689)<br>-<br>165<br>1,387,856<br>-<br>-<br>222,269<br>8,439,434|**(Continued)**<br>(4,689)<br>-<br>165<br>1,387,856<br>-<br>-<br>222,269<br>8,439,434|
|---|---|---|---|---|---|---|---|---|---|
||||||||||8,439,434|



## **Transfers between funds** 

Transfers between funds in the year have been made either to ensure there is no deficit on the restricted fund balance at the year-end or to transfer additional costs from the unrestricted funds. 

**Buddy Up** : is a befriending programme for disabled children and young people, matching them with ‘Buddies’, young volunteers, who support the child or young person to access a range of social opportunities, leading to increased confidence and self-esteem. 

**Young Men’s Health Group** : is a personal development programme designed and developed with and for young men to provide a space for them to explore a range of issues which can affect them on their journey to adulthood. Topics include, emotional health and wellbeing, personal hygiene and positive relationships. 

**Digital Platform:** an Online Youth Club for Children and young people across Cheshire and Warrington giving them safe access to high quality digital content and encouraging them to take part in activities to enhance their skills, knowledge and experiences. 

**Bubble:** was an arts programme supporting children and young people with additional needs, the group were supported by professional artists from Theatre, Dance and visual arts to convey their feelings about Covid-19 and the periods of lockdown, the art they produced was displayed at Warrington Disability Partnership and 42[nd] Street in Manchester. 

**Core Mentoring** : the programme provides children and young people aged 7 – 15 with a volunteer adult mentor to support them with a range of issues they may be facing on their transition to adulthood. 

**Youth Zone Capital** : The Youth Zone is currently under construction and the funding for the capital build is included as a restricted income stream. 

**Emotional Health and Wellbeing** : this is a programme that supports children and young people who are facing challenges with their mental health; we provide a range of support including one to one support, group sessions and counselling. 

**New Leaf** : is a funding stream which supports the delivery of a programme to support disabled and vulnerable young people to live more independently with the promotion of a wide range of practical skills. 

- 34 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **17 Restricted funds** 

**(Continued)** 

**Outreach** : this is a programme which involves Youth Workers engaging with children and young people on the streets and in communities: the aim is to divert them from behaviour which could result in less positive outcomes and promote the opportunities available through the Youth Club. 

**Zone to Home:** this was an online Youth Work Programme delivered during the lockdowns and developed into YOOF the digital platform for young people across Warrington and Cheshire. 

**Careers and Enterprise** is a fund that supported the delivery of Enterprise and Employability Programmes with children and young people who are not in education, employment or training to support them with developing skills, knowledge and experience designed to increase their level of employability. 

**Christmas Meal** : this is an annual event which is organised for over 200 people from vulnerable families across Warrington; families receive a full Christmas meal, gifts for the children and each family receive a hamper of food for the festive period. 

**Development Group** : this is a group of young people who work with the staff team to develop the Youth Zone. They are fully engaged in the development of the logo, the theme of the room’s promotion of the offer for young people. 

**Study Buddies:** this was a homework club for children in primary school who were struggling to reengage with school following the pandemic. 

**Get a Job:** is one of the employability programmes the WYC team have delivered to young people across Warrington to support them with securing a place in college, a training course or in employment. This was funded by UBS through OnSide. 

**Culture of Health:** a programme funded by the Oglesby Trust through OnSide to support children, young people, volunteers and team members to become more emotionally resilient. 

**Transitions:** This was a programme to support children and young people who were struggling with the transition back into education following the pandemic, they started as virtual sessions during the lockdowns and then small group and one to one sessions with children and young people in schools. 

**Youth Zone at Home:** this was funded by the CMC fund and was to support the delivery of hampers and activity packs to our members and their families during the lockdowns and following the pandemic. 

**Youth Voice:** this was a consultation group with young people to encourage them to engage in the design, development and delivery of services for them. 

**OnSide Support** : relates to funding that is provided to Warrington Youth Club from OnSide-led fundraising events and activities. 

- 35 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **17 Restricted funds** 

**(Continued)** 

**Aspire** : this is a holiday club for disabled children and young people delivered through a contract with Warrington Borough Council and a range of funding from Grants and Trusts, it is based in the Special Educational Needs school in Warrington. 

**Holiday Club Aspire:** this was a weekly youth club for disabled young people who accessed the Aspire Holiday Club. 

**Making Changes** : this is an LGBTQ+ personal development and social action programme funded by "iwill2019". Due to Covid restrictions, and in agreement with CCF, the programme has been put on hold until the next financial year – it was agreed with the funder that this funding would be used for our Pretty Tough Programme as the programme did not start due to the pandemic. 

**Mentoring Intergenerational** : this programme is a unique mentoring programme that develops a collaboration between young people and older people based on skill sharing: young people educate older people on using technology and new media, whilst older people show young people some of the ‘lost skills’ such as knitting, wiring plugs and baking. 

**Project Metaphor** : This is a Science, Technology, Engineering and Mathematics (STEM) programme aimed at encouraging children and young people to take part in a range of experiments. 

**UBS** : Funding was provider to Warrington Youth Club from UBS Bank via OnSide who secured funding from them to support a range of employability programmes. 

**Youth Watch** : is a programme which was delivered in partnership with Health Watch Warrington to support children and young people to provide feedback on their experience of the Health Care sector. 

**Youth Zone Year Zero (YZY0)** : This is where donors request monies to be spent towards the Youth Zone, including pre-opening costs. The costs are those associated with the work associated with the planning of the Youth Zone and include the salary costs of the Chief Executive and the Major Patron Relationship Manager. Once the Youth Zone is opened, these monies will be transferred to unrestricted funds. 

**Snow Camp** : this is a partnership which was brokered by OnSide to allow young people from across the network to learn how to ski and progress to teaching other people to ski and snowboard. 

- 36 - 



## **WARRINGTON YOUTH ZONE LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

|**18**<br>**Analysis of net assets between funds**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**funds**<br>**2022**<br>**2022**<br>**£**<br>**£**<br>Fund balances at 31<br>March 2022 are<br>represented by:<br>Tangible assets<br>321,180<br>6,349,367<br>Current assets/(liabilities)<br>239,134<br>2,090,067<br>560,314<br>8,439,434|**Total**<br>Unrestricted<br>funds<br>**2022**<br>2020<br>**£**<br>£<br>6,670,547<br>35,343<br>2,329,201<br>450,439<br>8,999,748<br>485,782|Restricted<br>funds<br>2020<br>£<br>851,304<br>637,809<br>1,489,113|Total<br>2020<br>£<br>886,647<br>1,088,248|
|---|---|---|---|
||||1,974,895|



## **19 Operating lease commitments** 

At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows: 

|Within one year<br>Between two and five years<br>**20**<br>**Capital commitments**<br>At 31 March 2022 the charity had capital commitments as follows:<br>Contracted for but not provided in the financial statements:<br>Acquisition of property, plant and equipment<br>**21**<br>**Related party transactions**<br>**Remuneration of key management personnel**<br>The remuneration of key management personnel is as follows.<br>Aggregate compensation|**2022**<br>**£**<br>-<br>-<br>-<br>**2022**<br>**£**<br>344,571<br>**2022**<br>**£**<br>327,534|**2020**<br>**£**<br>25,000<br>12,500|
|---|---|---|
|||37,500|
|||**2020**<br>**£**<br>-|
|||**2020**<br>**£**<br>197,148|



The key management personnel, which were revised during the period, comprise of the Chief Executive Officer, Head of Targeted Programs, Inclusion Coordinator, Grants & Trusts Manager, Head of Youth Work and Business Admin Manager. The current year figure represents an 18 month period to 31 March 2022. 

- 37 - 



**WARRINGTON YOUTH ZONE LIMITED** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE PERIOD ENDED 31 MARCH 2022**_ 

## **21 Related party transactions** 

## **(Continued)** 

## **Other transactions** 

During the period Warrington Youth Zone Limited recognised grant income of £2,358 (2020: £43,175) from Cheshire Community Foundation. T.D Briggs, a director, is the president of the Cheshire Community Foundation. The charity also recognised donations of £50,000 (2020: £25,000) from the Purslow Family Trust and £25,000 (2020: £Nil) from the Stuart Middleton Foundation. C Purslow, a director, is a trustee of the Purslow Family Trust and S Middleton, a director, is a trustee of the Stuart Middleton Foundation. 

There were no other related party transactions in the year. 

## **22 Legal status of the charity** 

Warrington Youth Zone Limited is a company limited by guarantee and has no share capital.  The liability of the members is limited to a sum not exceeding £10 in the event of the charity being wound up. 

|**23**<br>**Cash generated from operations**<br>Surplus for the period<br>Adjustments for:<br>Investment income recognised in statement of financial activities<br>Depreciation and impairment of tangible fixed assets<br>Movements in working capital:<br>Decrease/(increase) in debtors<br>Increase in creditors<br>**Cash generated from operations**|**2022**<br>**£**<br>7,024,853<br>(11,053)<br>10,860<br>105,056<br>152,856<br>7,282,572|**2020**<br>**£**<br>945,183<br>(708)<br>7,101<br>(85,144)<br>47,122<br>913,554|
|---|---|---|



## **24 Analysis of changes in net funds** 

The charity had no debt during the year. 

- 38 -