REGISTERED COMP.4Tr*Y NUMBER: 116331726 ffttgl*Dd and ￿,41¢$)
REGISTERED CHAIUTY Tr4LMBER.. 1102656
REPORT OF THE TRL'STEES
UYAUDITED FI￿￿￿CIAL STATEMEliTS
FOR THE YEAR E%DED 31 DF.CF.MBF.R 2023
FOR
DROP ZOliE YOL TH PROJEcfs LTD.
IA CO%IPA%Y I.IMITF.D BI. GUARATr*TF.EI
JFHornby&Co
Chartered Accountan
Thc Towrr
Ihltongaie Busine&s Centse
Daltonga
UINrr510tt
Cumbria
LA12 7A1

DROP 7A)f*E VOLTh PROJEcfs LTD.
CO)T£NTSOF THE FINAICI.*L ST.4TE%IENTS
FOR THE I'EAR ENDED 31 DECE￿IBER 2023
P*ge
Reference and AdministT*tiYe Det*lls
Report of the Trnst¢es
lrtdepeDdtnt EiamiDeT'5 Report
Statement of Finantial Aetivlrfes
Bxlanee Sbeet
9 ￿ 10
Notes to tht Financial Statemellts
11 ￿ 16
Det*li¢d St*temeDt of Finantial Activities
l? w 18

DROP 7A)I%E YOUTH PROJEcfs LTD.
REFEREICE ADMLNISTRATIVE DETA￿5
FOR THE I'EAR ENDED 31 DECE￿IBER 2023
TRUSTEES
Mr M C Cummin
MT R OfonTW)r
Mr D Cov¢nl•le
Mr A Callist¢r
Mrs C Vernon
REGISTERED OFFICE
Lakeland House
Abbey Ro#d
Barr0￿ in Furness
Cumbria
LA14 IXL
REGISTERED COMPANY
P*UMBER
I￿332726 IEn8land and Wales)
RECISTERED CHARITY P4UMBERI 102656
INDEPENDb.NT F.XAMIliER
JFHornby&Co
Chanered A¢¢ounw
Tr Towrr
D￿t0￿￿OI¢ Business C¢rbty¢
Daitongale
Ulv¢r5to
Cumbria
LA12 7PJ
BANKERS
HSBC Bank plc
104 Duke Sveet
Barrow in Furness
Cumbn"a
IA14 Oui
SE%IOR MAP*AGEMENT
Sue JohThwn
Youth & Fitwi¢e Manager
Cath Corkill
Ed*ation Manager
Pa8e I

DROP ZOI4E YOUTH PROJECTS LTD.
REPORT OF THE TRLSTEES
FOR THE I'E.4R E.%DED JJ DEcE￿]BER 2023
The tswte¢s who arc aJ50 directors of the cb8n.ty for the putW5es of the Compaw¢$ kn 2006, pr¢s¢nl theiT rewrt with the
financial Statements of ihe ¢han"ty for the year ended 31 DwemEtr 2023. The ￿￿tr¢s have adopted the provisiotts of
A¢¢oulliJng and Reporlin¥ by Chan'iies.. Statement of Recomrnffl￿ P￿11¢¢ applieable ￿ chan'iie5 prepanng their accounts
in A¢¢ordance with the Financial Reporting Standard applicable in the UK aTwJ Re￿blic of Ir¢land IFRS 102) lefftctive I
January 2019).
OBJECTIVES AYD ACTIVITIES
Obj¢¢tlveJ #nd %lrns
The Obj￿¢S of the charity. OS Contsined within th¢ rnemorandwn and aruclcs of asso¢)atiotL is to educatr youn8 people
thTuu¥h th¢ir l¢isure time activities 50 to develop physKal. nYDtsl and Spiritu￿ capaEitse$ thai they may gTOW to hll
maturity as individuals and memEtr5 of society.
Thc Charity aJ50 works ¢losely s¢hools and children'$ ￿TrICes to emble the charity to reach young people who are
ideniified as being ai risk of exclusion or are noi currenily on roll ai s¢knl. An al*maiive educaiion facility i5 a150
provided. which has identLfie4 th11 th1$ group of young people bavc limitcd %ce$5 to sw)ns 3*)d reLreaiion faciliiics and
often have complex nttds Including men¢al health iss￿. The charity aims to support young people W* und¢Tsrand triggers
and the pressure of their daily lives which in SO￿ ClmLnLswK¢s can bc chaotic a￿1 io icach $tress man8g¢m¢ni
meihods.AdditioMlly, &¢tivities are promoied ￿ rais¢ th¢ &8pirauons of youn8 r*ople. helpin8 them to 8&in access io
jerviceg. advice and 8u]dA[￿¢.
Publl¢ b¢D¢flt
Th¢ trustees corlfirm ih&i thcy have complied with their duty under s¢ciion 4121 of the Charities Aci 2011 ￿ have due rc8ard
io th¢ public benefit 8ULdance publis1￿d by the Charily co￿1￿510￿ and ron51d¢r thit tk pursyjt of the &ssociaiion's ain
through the activiiies described ibove i$ consistent therewith.
ACHIEVEMEiYf AI%D PERFORMAI%CE
Ch*rli4ble *¢tlvltle5
In 2093 Drvp Zon¢ l￿d 1907 thteTX¢iOAS with youn8 ￿PIc. took pan in a vari¢iy of ¢d￿￿10n and youth work
projects. All youn8 people finishitt8 ex*TwJed edu¢ation •AIth us in 2023 in*nda destination to move on to.
We were 5uecessfuJ in sccurin¥ fwwjing from V￿louS Stre*￿ts with the TnoA nothble being the Youth Investment Fund, ￿th1¢h
will e￿ble Drop Zone ￿ nkive forward with develop its centre to become a ort I￿p [￿11]ty for youn8 people.
We were also successful in receiving a Garfield We510Th Award ￿th1¢h corrKs 12 monih5 strdlegic support from
Piloilight and we have developcd partnerships with Furness Youth Work Parnhcrship. Bam)w AFC and BarrowfiLI with on¢
of our directorsjoining them on a mp to Kolkata India &8 pan of their Jwe RcA)t proJ¢¢i.
We delivered Furness Pn"de 2023 brin8in8 wgether the community to ¢¢lebrate i￿lUsion 2nd divetsity with • footfAII of
7.000 people ¢njoyin8 th¢ eveni and ¢ontst)ue to ¢0Mt)M￿ty evellts atsd illiiia¢ives su¢h & World Suicid¢ Prcvclllion
Day, Party in th¢ P*t* and th¢ Unity Fe#ivai.
Page 2

DROP ZONE Yoimi PROJEcfs LTD.
REPORT OF THE TRLSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
ACHIEVEMENT AND PERFoR￿l￿NCE
CHAIRMAWS REPORT- as r¢pDrod in January 2024
l aTn ple*s¢d 10 report a￿ther $u¢¢essfvl year foT th¢ Drop Zone. The finwKcs h8v¢ subilised such ar¢ currently in 8
strong p051tion. This i5 no srnall part to the two dirccior5 on thll"r fiJtMI-fdising effon$. A S)￿LficanT award came from the
Garfleld Foundation with ihcir Pilot Lighi Prn￿ which w&8 awwded in the Summer of 2023 bu¢ look some lime to get
¢ked off in carly de¢¢mber. Thi$ is a pytstlpo￿S award whKh wll enable Drop Zone to benefit from thcir eXperi¢￿e in
helping or88nisations achieve goBIs.
With WestmorlarKI and Furness Council IW&FI ¢th"t)8 over from Bmw Borough Council and Cumbria Counry Cowicil.
there has been a bil of di5niption which r¢sulied in the Barrow Borou8h Council bid foT th¢ refiwbishN￿i of iAkeland
HOU￿ comir)8 to the Drop Zone to itnplemeni. Howrver li h&s also resultrd in a 25-year le￿ of Lak¢land Hous¢ which will
inevithbly give stsbility for thc future. Wknl$i kn are s¢v¢ral i4u¢s ￿ wrrk throug￿ il m￿$1 be acknowledged that W&F
have continued io support and believe in the %'ision for Lak¢land H0￿c. The awd for refurbi5hmcnt and youth
organisalion support from the Youih lrtv¢stmeni Fund signifJ¢s ￿ appre¢iaiion for the works thai Drop Zone undert￿¢ in
the arca will provide a very important re8our¢¢ for Furnc55 iti the fvtw¢.
Our financial PTocess¢$ are l￿w 5upponed by an external a8ency. ensuring th¥1 ever>ohin8 is in place for th¢ forthcomin8
investment. OUT OtTi¢e mana8er. alongside trww¢r and mana8emcni are illstrw￿ntI1 in mllna8ln8 all our financial
procedures.
W¢ now have a xttled board of tnL8t¢a who are all very p￿￿tty¢ and a 8Te41 3￿port with each one tskin8 Tespoii8Lbility
for variou5 *spec¢s of th¢ org8nisation.
This yeAr we a8ain held a Pnde eveThi. wthich conlinue$ w gmw year and coniiThues io hAV¢ a ￿sitiVe impact.
ConBrawlaiions again ￿ the for the hard work thcy have wi mAkin8 this evcni the S￿¢¢S$ thal It is.
Finally, and I r￿￿¢ myself every y¢ar. Drop Zone would noi be where it 15 today withou¢ the inspired and excelleTh¢
leadership of Cath Corkn'll arMJ Su¢ JohrwTrn. BeThveeD them epitomix ever)th'n8 8ood aboul the organisation and
continue to driv¢ the or8anisatiott into new and i￿￿￿1ve areas.
Mike Cummit18. Chair
EDUCATION
Our exiended education provision continued to grow. over the l&st 12 nK>trths vrt hive supponed 46 young people. Our
young p¢opl¢ have had a rcally succtssful and posilive ye8r. siiiing 19 fjCSE's alongside FuTKtional Skills Assessmenis. We
Currently have a p&ss r8t¢ of 84qh which is anmzing athl i trstsmem io how hord Staff work.
A]ong5ide our delivery in LAkeside HO￿ we werc also 35ked to ¢oniinu¢ to delivery in Dalion Drill Hall for 3 Dowdale5
Students. Wc conlinue to supwrt IM)me educated youn8 people. w th¢y hav¢ the same opp)nuttities as their peers. Alongsidc
C55elltial 5ubJ¢¢t$. we have continued to Icaeh youn8 people ¢55erhtial, trnnsf¢r&ble life skills 50 thcy arc prcpar¢d for
posi-10 provision. All ow year I 1$ wlk) left ￿ in the of 2023 htve 8e¢urtyJ intend￿1 d¢suDAtions in emplowt
trainmg. apprenticcskn'p$ And ¢oll¢g¢.
Pa8e 3

DROP ZONE YOUTH PROJECTS LTD.
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBEK 2023
ACHIEVEMENT AND PERFORMANCE
The organisation has becn through NCFE m(>deration and an annual monitorin8 reNiew. Both were successfvl, which
showcases how importani it is for us as an ¢du¢dtion provision to adh¢r¢ lo everything our awarding body requircs. Due to
this we were able to add new qualifications io OUT timetable,. Level l Award in Heajih & Social Care dnd Level 2 it) Sexual
Health Awarene55. Both these were identified by out young people as qualifications they wanted to achieve. We were also
able to offer a Level 2 Food Hygjene qualification foT 2 of our young people who w¢re Jnierested in put5uing a ¢areer in
¢aiering. We striY¢ to offer ollr young people the same oppommities as young people who are in schools, so continually
invite external agetKi¢s into our session io educate around a numb¢r of differ¢nt tOPlC5. Last year we were able to work with
a 14¢al artist Thljo supported OUT young people in a pritlting project and their canvases were showcased al Printfcst in
Ulverston. Jessica from th¢ Wildlif¢ Ttusl worked with our young p¢opl¢ aFound (he cnvironmenl and due 10 this they were
ble to achie￿e the John Muir AwaTd. We also supported young people in gainin8 work experience plaecmcnrs, pan time
eiJ]plo)ryn¢Dt and a volunl¢er P05Ltion at our local radio SLrytion. A5 always we are exiremely grateful to all our schools and
Lo¢al Authoriry for their coniinued support and belicf in what we do Attd look forward io coniinuing to wojk alon8side theTn
0￿r the coming years.
We have ¢ontinued lo deliveT Knife Crime ¢dllcaiion in local schoo15, altsngside edllcaiion around vaping. In June 23 we
deliVe￿d on the Junior Ciiizenship ScheTn¢ w]th local pa￿er5 to 700 pritnary children from across Furn¢s5. This was a
really positive piece of work ihat 5UPPOrt5 young people's trhnsiiion from year 6 to 7. Topics covered were hate crime,
vaping. 0￿1￿¢ safery, Vdter 5af¢ty, fire safety and anti-social behaviour. As always we value the continued support from
local schiK>ls, the Lo¢81 Authority, parents and partner organisations. Our next gencration des¢rv¢ 2 range of opportunities
and this was 5how'ca$ed in 2023.
YOUTH WORK
Our youth work d¢liv¢ry Continued to address ihe 8rowing need a¢Toss the local area and w¢ have been involved in a
number of initiatives to support, educatc and develop youn¥ people. Our Support in Barrow AFC'S ground ¢(>rttinued but due
to 50Tne funding COn￿raints we have had to pause at the end of the year. We have. how¢v¢T. continued tg SUPPOrt the club
and recertily sponsored a So Lcgal event. presented 10 2 range of aiiendees and showcased our organisaiiort. Throughout the
year we had 1,907 iDterdCtions with young people through the PCC and Ed8¢ NE, however, the funding ended and Isn't
continuing. However, we have submirted a collaborative bid to the Lot*ry and W AF to plug thss gap. so hopefully our
capacity Mryll in¢reas¢ again in 2024. We celebrated Natio]]al Youth Work week irl November 23 and hosted an amazing
inforn￿tIOn even¢ at Lakeland Housc wilh our 15 panner8. We welcomed the Police, fi]nders, health repres¢ntativ¢s and the
High Sheriff. Events lik¢ thi$ are really Impor￿n1 io showcase what is otl off¢r in the local area alld how uniqu¢ Barrow is LII
the way we work 108ether. We d¢liTr¢red acr055 Furn¢s5 with PTOV15ion in Barrow, Orn￿8111, Dalton and A5kam offering a
rang¢ ofpToje¢t$ for ehildren and young people from 8 Y￿r$ up.
COMMUNITY
Our coTnTnullity work continues and we have supported a number of events lo¢ally. Barr0￿S contribution to the Unity
Festival, WoTld Suicide Preveniion Day. Party in th¢ Park lan alcohol free am'artnegs evertil, Dalion Day and aitended some
of OUT partners AGMS. In Febntsry 23, one of our directors trav¢lled io Koikata, India, along51de BaT[o￿l, Women's
Community Matters and local ¢￿atIveS. This trip was to creatively explore Barrows historic links to the Jute trade. Whilst
there we were able to make link$ with some amazing organisaiions includin8 All Bengal Wo￿¢￿,$ Union, Si jam￿,$ School,
Destiny Foundation and FutUTe Hope. We hosted our secottd face to face pridc event in May 23 which attracted over 7,000
peoplc. Our aim around prid¢ is to eduraie and 2023 saw an increase ill requesis for LGBTQ+ and Traus AwaretL¢5S
trainingy folloMryn8 on from the eveni. Fourteen performers ¢nienained th¢ crowds alongside two art exhibitions, a Thethodist
5¢rvic¢ and a talk about sum)8acy. We hosted over 14 Inforn￿tIon and advice stalls: the library facilitated pride themed
art5. crdfts and storytelling; emergency vehicles were prcseni and all rhe icch was covered by Cando FM. Diversity and
inclu$i(>n is so imporiani across all our communities. so w¢ arc proud ihat th¢ event 15 growing aDd ¢duratin¥ a¢ioss th¢
County. We became a patron for th¢ Love Barrow Awards which reco￿lS¢S all ihe amazing work that local organisation5
deliver and feel by supportin8 this event we ean build new and stren8then current partnerships.
Page 4

DROP ZONE YoirrH PROJEcfs LTD.
REPORT OF THE TRLSTEES
FOR THE I'EAR E.YDED 31 DECE%IBLR 2023
FIYANCIAL REVIEW
Financial positlOD
The levcls of restncte(L desi8tiat¢d and UrWe5rric￿d funds ar¢ dewled in no* 12 ro the accounts. Urtrestri¢ted rescrvc levels
allow to have som¢ fl¢xibility wthilst pursuin8 new
Restricted fimds are held to fidfil the rquirenxnLS of fiumk
De5i8naied fijnds of £90.fKrf> have beetl implemen*d by the trusTees thi5 year w includ¢ £45k support programme
development and n¢w salary w costs ar¥J £45k io compluwtt the Youth Inves¢meni Capital Funds in the renovation of th¢
buÈldin& Other desi8Mi¢d funds of £l.135 rela* 10 doM¢ions bein8 applied to specifi¢ purposes.
Relervtt pollcy
It l5 the trustees policy thai wyL%¢ri¢ted Tes¢Thes should cover thrtt operatin8 COSt& ¢urre#ily ¢alculakd at £1 Isk.
The unresiricted reserves at 31st Ik¢embcr 2023 and 3 Isi De¢anber 2022 exceeded the policy requiremenl.
Colng concern
Th¢ financial st￿ements have b¢¢n prepwed on a 80irt8 toK¢rn b￿1$. No moterial cir¢urnslanc¢5 r¢8arding the
obiliiy to ¢ontinue exiiL
FUTURF. PLA.%S
The fundin8 5ccured from the Youth lnves1rr￿Trf Funds of £607k tosether th¢ fimds desipwted by thc trustccs of £45k
will enable the Tefurbishmeni lo the building ￿ b¢ ¢omm¢nccd in the $umnYr of 2024. This will provide stabilily for our
services io grow and develop eDSLring th•t we comiti￿ to provide & expen¢￿ *Jd oppOrDJniii￿ ￿ the youn8 people in
the Furnesg &r¢a.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Gov¢rnlni do¢umtnt
The company Is i compony limikd by Ku4ran*e Athl a re8iStered ¢hwity. It 1$ govern￿ by its men¥)r￿dUrn and Articl¢$ of
Associaiion.
Each thjslee is a tyKn4xr of the cOmp￿y. Tr memkn hav¢ guaTan*ed tk liability of the cortwkny lo a limit of £1 each.
Recryl¢ment •ttd Appolntrnent of new tru¥tttS
New TA￿1¢¢5 arc appointed by lh¢ i*)ard of trustee$ ai the Ahm￿1 General Meetuw atsl scr¥e until th¢y resign or retire. New
member5 are invited to meet with board and direewTS and uke pffi in an IIMI￿li0ft pr￿¢$$ to en5urc Inforn￿lion is
current and relevant.
Rlyk rnanAg¢n*ni
Thc nsices in ac¢ordan¢e with theirduty have idcntified and miewed risks ￿ th"¢h the charity is exposed and ¢n5ured
appropriate controls are in place to provide 8 reasonable Lwratte winst fra￿ and error. The key risk and ¢he ¢¢)ntrols in
place arc detailed below..
- Safeguarding of youn8 people and vulDerabl¢ people. All of the dire¢tor¥ officers aTrJ volunteer5 hold valid c¢rtifirates
from th¢ Disc105ure and Barrin8 Service.
- Continuity and developmenl of service5 8nd fijnding by h•vin8 8 leas¢ for our Tnain buildin8 which 15 firnished 10 provide
a full ratt8¢ of 5¢rviccs. The chan.ty is curreDily De8Otiatillg a lease the wuncil for LAk¢land House and funditi8 ha5
been se¢ur¢d for the r¢firtitshmeM of th¢ site. which will ¢0mM￿Ce in 2024.
The charity is currentty reviewing the Ch&riry GOv¢ma￿t Codc to irKryrdte good 8overnat)¢e into the or8anisatioNI
prdciices.
Page 5

DROP ZOliE YOUTh PROJECTS LTD.
REPORT OF THE TRLSTEES
FOR THE YEAR EP*DED31 DECEMBER 2023
This report h&% beert Pr￿￿￿ in a¢¢ordan¢e with the spKiai provisions of Part 15 of the CompaDie5 Act 20(￿ relating to
STnall rompani¢s.
Approved by order of the ly)ard of trU￿e¢S OD 3 s￿leMber 2024 and signed on its behalf by..
Mr M C Cumming. Trustee
Pw6

INDEPEP4DENT ELiMINER'S REPORT TO THE TRUSTEES OF
DROP ZO•4E YOUTH PROJECTS LTD.
Independtnt Èxaminer's report to the tn15¢ees of Dn>p T￿tte Y•uth Projects IAd. ('the Company.)
I report lo the ¢harity tnLStces oll my examination of the a￿Ount$ of & Company forthe year end￿ 31 D￿nE￿ 2023.
RespoN$lbUltles and basi5 of report
As the ¢h2ritys I￿81e¢S of the Company laEJd also its direc￿ts for the purposes of company lawl you are T¢5pon5ible for the
paraiion of the aeeounts in accoTdanc¢ with th¢ r¢quirements of the Companies Act 21N)61'the 2(KJ6 Act'l.
Having satisfied myself thai the aCCoL￿ts of the Coryany ate not reqLEtred io be audi*d under Part 16 of the 2006 Act and
¥ft ell￿ble br indepeDdeni examiDation. I reFrf>tt LD resp￿[ of my examination of your charity's accounts as cartied out
UTLder Section 145 of the Charities Aci 2011 Ilbe 2011 Acri. In carrying out t)ry examination I have followed the Direction5
ven by th¢ C]Jarity CoDllDiSSiOtL Utlder Seaion 145{5} {bl of th¢ 2011 Act.
Independent exaJlliner'$ ststetyeot
Since your chariW5 gross inroTne ex¢¢ed¢d £250.0￿ your examincr a member of a listd i￿. I can Confirni thai I
am qualifid to undutake the examinatJ(pn be¢ause l am a nymber of the 1ThslitUTe of Chartered Acrowitartts Jn England and
Wales, which i5 one of the listed bC￿leS_
I have eonjpleted my ¢Kaminatioty l ¢o]Jfwm that no matters have comc to rny atteDtiOD ID collnefflion with the examination
vin8 me cause io believe".
counting re¢ords w¢r¢ not kepi iti ryt of the Companyas required by SecuoD 386 of the 2006 Act., or
the accounts do not arwrd with th05¢ r¢cords," or
the accounts do noT ¢ofDply with th¢ ¥Co￿ting r4uiremethts of Section 396 of the 2(X)6 Aci other than any
requir¢Tn¢nl that th¢ accounts ￿ve • tru¢ aT￿ f•"r vi¢w w4Ji¢h is noi a maller cojjsidered as part of an indep¢ndent
examination" or
the accounts have not b￿￿ prepared in XfOTdaTKe with the Tnethods and principles of the Stai¢meni of
R￿ornIn￿￿ Pra¢ti¢e for account]ng and r¢portJJJg by ¢hariti¢s lapplicable to thatilies preparing their accounts in
accordance with th¢ Financi31 Rwrttng Stsjjdard appliubl¢ th¢ LK al￿ Republic of Ireland {FRS 10211.
I have no ¢oncems and have Come a¢ross no other ma¢¢eJs ir) ¢onnection with the examinatiott io whi¢h attention should be
draw￿ in this re￿rt in or(krto ¢llable a proper undeTSTaDthng of the accoullts to be rearbe
J F Hornby. FCA
J F Horuby & Co
Chan¢r¢d Accountants
The Tower
Daltongate Bu5irKs5 Cetth
Daliong)ie
Uiverston
Cumbria
LA12 7
3 Sept¢mt*r 2024
Pag¢ ?

DROP ZOliE YOUTh PROJECTS LTD.
STATEMETrqT OF FIP*XNCI.4L AcfiviTIES
(INcORPORATI￿G INCOME EXPENDITLRE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2023
31.12.23
Total
funds
31.12.22
Toral
funds
UTW¢StTiC
funds
Restrictcd
funds
No*s
II%COME AND ETr47)OWME%TS FRO.M
Donations and Ic8acies
4.752
4,852
1.961
Charitable activities
Youth Activities and S•vitts
105.187
157.635
262.822
314.613
Other trading xtiviti¢s
Jt)vesttw¢ iTKtsme
5,262
2.331
5262
2.331
1,750
236
TolAi
112.880
162.387
275267
318,560
EXPE￿D1TLRE ON
Charltable *¢thities
Youth Activities atld krvices
102.448
176.682
279.130
296,776
NET INCOMEI{EXPENDrrL'RE>
10.432
105.230
{14,2951
{105,2301
(3.8631
21,784
Transfer5 behTr'een futtd$
12
Net movement In funds
115.662
(119.525)
(3.863)
21,784
RECONCILL4TION OF FUNDS
Total futyjs brou8hi forn
111261
208240
319.501
297.717
TOTAL FbNDS CARRIED FORWARD
226.923
88,715
315,638
319,501
The notes form part of thes¢ fjnancial statemeats
Page 8

DROP ZOT4E YoirrH PROJECTS LTD.
BALANCE SHEET
31 DEcE￿[BER 2023
31.12.23
Total
funds
31.12.22
Total
funds
UnTestric*d
fiu)ds
R¢5tricted
futM15
Note$
FJXED ASSETS
Tan¥ible wets
320
320
CURRENT ASSETS
D¢btor5
Cash at bank and in hand
io
8,019
223,443
2,345
88,405
10,364
311,848
26,038
293,904
231,462
90,750
322,212
319.942
CREDITORS
Amounts f8Jling due one year
{4,861)
12,0331
{6,8941
11,554}
NET CURRENT ASSETS
226.601
88.717
315,318
318.388
TOTAL ASSETS LESS CURRENT
LJABILITIES
226,921
88.717
315.638
319,501
NET ASSETS
226,921
88,717
315.638
319.501
FUNDS
UnrestTjc￿d filnds
Restricted fiLnds
12
226.921
88,717
208.240
TOTAL FUNDS
315.638
319,501
The cbaritsble conjpany is entitled to exernpiion from audit under Section 477 of the Companies Act 2006 for the year ended
31 December 2023.
The members ha￿ not required the company io obthin an audit of its fin2llciAI stsiem¢nts for the year ended
31 DecembeT 2023 in 4CCOTdanc¢ wilh Section 476 tsf the Companies Act 2(M)6.
The trnsi¢es a¢knowledge their responsibiliii¢s for
(al
ensuring that the charitable coJJ4)aDy keeps a¢¢outLting records thai ¢omply Seciions 386 and 387 of the
Companies Act 2006 and
preparing financial statements which give a tDJe al￿ fair view of the state of affairs of the chariiable company as at
the end of each financial y&ir and of its surplus or dcfieit for each financial year in accordanee with the r¢quir¢ments
of S¢ctions 394 395 and Wh￿Ch ¢>th¢r￿￿se comply wilh th¢ r¢quir¢m¢nts of the Companies Aci 2006 relating to
financial 51atemellls, so far as applicable to the chariLqble eomp8ny.
(b}
The notes form part tsf th¢s¢ financig41 statements
Page 9
olltillued...

DROP ZONE YOUTH PROJEcfs LTD.
BALANCE SHEET- contlnued
31 DEcE￿]BER 202J
These fjnancial 8tateTnents have been prepared in ac¢ordan¢e with the provisions appli¢abl¢ io charitsble companies $ubjeei
lo the stnall companies regim¢.
The f￿ancial 51at¢ments We￿ approved by the Board of TTusie¢$ 2Dd auihorised for i55ue on 3 S¢ptember 2024 and w¢re
Si￿ed on its behalf by..
YtL L fJ' &AHJ(L
l Luirr- 4pJ
The JJote$ fomi part of thtse financial stat¢rnents
Page 10

DROP ZONE YOLTH PROJECTS LTD.
OTES TO THE FI%thCIAL STATEMENTS
FOR THE YEAR E.%DED 31 DECEIIBER 2023
ACCOUNTII%G POLICIES
Basis ofpreparing the fiTh*ncial st*te]nents
The fLnanc121 staiemenis of the charitable Company, thich is a ￿bliC bencfit entity under FRS 102. ￿ve been
prcpared in a¢¢ordan¢c Mith the Choniiu SORP (FRS 1021 'A¢¢owtin8 and Reponin8 by Charities.. Sraicment of
Recommended Praetice applicable ￿ chan.ties prepanng their aecounts in accordance the FiTwicial Reporting
Standard appliLable in the UK arml Republic of Ireland IFRS 1021 leffeeiive l January 20191.. Fitwicial Reporting
Standard 102 The Financial RepTrrtin8 Sthndard applicable in the UK ar¥J Rcpublic of Ireland, atyj the Companie$
A¢t 2(M)6. Th¢ financial stai¢ments have b¢¢n prepared ￿r the hLStoncal cosi eonvenrion.
All incorr£ 15 reco￿sed in the Statement of Financia] Activities thc chuity entitlement to the funds, li 1$
probAbl¢ that the i￿ome will be r¢¢¢iv¢d 4NI th¢ *Munt C￿ b¢ reliably.
GrAnts received tre credited to profit aThl10s5 account in the financi￿ on a receivAble btsi5.
TuD￿Ver is the all￿￿11 derived from the provision of 3ervice& nei of VAT.
Exp¢ttdl¢tsre
Li4bilili¢s ￿¢ reco￿1$￿ ts eKpeThditu￿ as soon as there is a Icgal or constnKiive obli8aiion conllnittin8 ihe chariiy
to thai expendiThJre. Ll LS probable th41 a tronsf¢r of ¢¢0￿Mi¢ bet)efits will be requir¢d in settlement and the amoun¢
ofthe obligaiion can be m¢asur¢d r¢liably. Expendit￿ 1$ a¢¢ouni¢d for on b￿15 ar￿ ha5 b¢¢n clwifiLd
under headJn85 thai a88Te8aie all ¢ost r¢lai¢d to the uieBory. Where ¢o$¢s ¢at)t)01 be dire¢dy attributed to pArticuknr
headings they have been illocaied to aciivLiies ort • b•sis ¢Orts1￿¢￿t with the use of r¢sourc¢s.
TaThglble Ilx¢d Awts
D¢pr¢ii41ion 1$ provid¢d ai the followitig wjnual rate5 ID order to write off ass¢t over ity Mimatrd usem life.
Fixtur¢s fittings
Computer equiprt￿t
21P/• on Eos¢
33% on tost
Tattgible fixed a55¢ts ¢05ting nxjre than £5(￿ are capithlixd reco￿ls¢d ecothomic beneflts are
pro￿ble and the cosl of the a5M cm be ￿SUred reliably.
T*xalion
As a charity. DTOP ZA)n¢ Youth ProJKts 1$ exempt from ￿ on i￿>rne and gains falling within 8eciions 472474
of the Corporation A¢t 2010, sttiion$ 478A89 of the corF￿ratiOn Act 2010. or $e¢tion 258 of the T￿allon
of Char8eable fjaitis A¢1 1992 ￿ th¢ cxiclli that tl%se art apphed ¢han"tsble obJec¢s. No lax Charges have arisen
it) the Charity.
Fund •cc•undng
Unrestrici¢d funds ¢an be used in •ttordatKe with the charitable ¢)bjKiiv¢s ￿ the discreiion of the trustees.
Restri¢t¢d ¢w) only bc used for particular res¢ricttd pwposes within the objxts of the charity. iiestrictions
8rise when y¢ifi¢d by the doM)r or when funth are raiseA forpArn¢ular f¢Stri¢ted pwp05CS.
[ks1￿￿*d fithds are U￿r￿triCted fi￿s thai have bttn s¢1 #side by th¢ Tn￿lee5 for a pArn"¢ylar purpos¢.
Pensiott COSts and other pMt-retlr¢m¢nt bentfits
The charitsble company operates a d¢fin¢d Contribution perLsion schcme. ContributlOa5 payable to the charitable
Comp￿￿5 pension scheme are charged to th¢ S￿¢￿1 of Firkancial Aciivities in the penod to which ihcy relaie.
Pagell
continu¢d...

DROP ZONE YOLTh PROJECTS LTD.
OTES TO THE FLI￿NcIAL STATE.%ILNTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2023
tK)NATIONS AND LEGACIES
31.12.23
31.12.22
Donaiiot)$
4,852
1,961
OTHER TRADINC ACTIVITIES
31.12.23
31.12.22
oorn hire
Sundry T￿¢ipts
5,262
1,568
182
5.262
.750
II¥VESTMENT INCOME
31.12.23
31.12.22
Dw$ii ￿CoUnt intere
2,331
236
NET IliCOMEI(F.XPF.liDITLRE)
Nel incOn￿{exP￿￿IluTe) is swed after Chargin￿(¢[¢dItI￿8)'.
31.12.23
31.12.22
Depreeiaiion- owryhed wL8
Deficil on disposal Orr￿ed assets
748
45
2.475
TRUSTEES. REMUNERATION AND BENEFITS
There were no tr￿tte5, OT other benefits for the yezr ¢ThJed 31 December 2023 ￿r for the year end
31 December 2022.
Trustees expen
31.12.23
31.12.22
59
TnLrfce expenses TelAt¢ to travel costs TrillknuT5cd kn one tnL8tee.
Pa8e 12
continued...

DROP ZONE YoiTfH PROJEcfs LTD.
I%OTES TO THE FINLICIAL STATEIIE%TS- ¢(JDtiDv¢d
FOR THE I'EAR ENDED 31 DECEIIBEK 2023
STAFF COSTS
The avera8e monthly nuTtther of employees durin8 the year was a5 follows:
31.12.23
31.12.22
Stsff
No employce5 received tr￿)luD￿nts in excess of £60.1MM).
The key maTthgemeTLi ￿r$Oll￿1 of the cbarity ¢OmPnse th¢ Tru5rce5 and the seDior man2genTht team &$ listed oll
page l. Total key maJJa8emeni petSOtJn¢l remuneratton and benefits lincluding employer pension contributions and
eJnploy¢r nailo￿al i]Jsuratte ¢OOtyitnLtiowl for th¢iT 5¢rvir¢s ￿ the cban'ty was £103.393 (2022: £90,999)
INDEPENDENT EXAMI.YATIO
The prepardrion of accounts atml indeF*ndenL examinauon has been wfom*d by JF HoTnby & Co free of charge as
pan of their eharirable activities.
T￿yGIBLE FIXED ASSETS
FixDJres
Cojnpuier
4uipment
fillings
Totsls
COST
At l January 2023
Disposajs
721
61.860
(9.9821
62.581
(9.9821
Ai 31 Dec¢mber 2023
721
51,878
52,599
DEPRECIATIO
At l January 2023
Ch2T8e foi year
Elimit￿led on th"Spo￿l
432
145
61,036
603
{9,9371
61,468
748
19,9371
At 31 De¢ember 2023
577
51,702
52.279
I%ET B(K)K VALUE
At 31 December 2023
176
320
Ai 31 December 2022
289
824
Pa8e 13
totstthued...

DROP ZONE YOtrtH PROJECTS LTD.
-NOTES TO THE FLNL%CIAL STATENIEJTS- continued
FOR THE I'E.4R EN4DED 31 DECEIIBER 2023
DEBTORS: AMOUNTS FALLP4G DUE ITr'ITHI) 0￿E YEAR
31.1223
31.12.22
Trade d¢btOTS
Oth¢r debtor5
8.103
2.261
26.037
LO.364
26,038
CREDITORS: AMOUD4TS FALLI)G DLTE WITHI% ONE YEAR
31.12.23
31.12.22
Trad¢ cr￿]¢Or$
Acrnwls and d¢f¢rred iTwm¢
3,868
3,026
432
1.122
6,894
1,554
12.
MOVEMENT IN FUNDS
Trdnsf¢rs
beN'een
Ai
31.12.23
At 1.1.23
itj funds
L'nrestricted fullds
Generdl fiand
D¢5ignated fund$- reserves ￿lLeY
D¢51gnat¢d fill￿S- building
Designxt¢d fiLt41$- devcli>p￿￿nI
D¢signat¢d- other
111261
10,935
{5051
1101.4101
115.505
45.(KK
45,0
1,135
20,786
115.OIN)
45.0
45.0(M)
111261
10.430
105,230
226.921
R¢$tr5¢t¢d fMAd$
R¢stricted
Equipment and r¢sour¢¢5
Expanding horizons
Investing in fvttlre development of charity
Improvirt8 health and we]lbe￿g
LGBTW support
SctK>ol holiday provisio
Supponing core costs
98.070
2.560
20,388
198,0701
11721
(4451
3,522
6.021
{20,213}
4.189
14341
16.933)
1.943
23.910
6,021
6.140
10.651
32,939
6,462
434
47J87
(6.586)
1402
40.052
208240
(14,2931
(105230)
88,717
TOTAL FUNDS
319.501
13,8631
315,638
Page 14
continued...

DROP ZONE YOUTH PROJECTS LTD.
FIOTES TO THE FLI￿NC[AL STATE.IfE)TS- eoDtiDu¢d
FOR THE I'EAR ENDED31 DECE.%IBER 2023
12.
MOVEMENT IN FUNDS- ¢Olllittu
N¢t mDv¢ment in fimds, ]￿luded in th¢ above are as follwAS:
Ineoming
Reg)UT¢es
exPej￿1
Mov¢Tnent
in fitnd$
Unrestritttd [￿ndS
G¢n¢ral fLJnd
Desigthated fimds- r¢seThes policy
112.880
101,9451
15051
10,935
1505}
112.880
1102.4501
10.430
Restricted fullds
Equipmertt and resour¢es
Expanding honzons
IDvestw in ￿tsjre dev¢1opn￿i of cbarity
Improving health and wellbeing
LGBTQk SUPTM)rt
School holjday prO￿$10n
Supporting core costs
Other fvnding
6,199
17.575
6.5
399
15.630
21.774
89,226
5.084
(6,6441
114.0531
14791
120.6121
111.4411
122.2081
{96,1591
15,084)
14451
3,522
6,021
120.2131
4.189
14341
16.9331
162.387
(176,680)
{14,293)
TOTAL FUYDS
275.267
1279,1301
13,8631
Comparativu for owvejllellt ID fuDd5
Net
movement
Ai 1.1.22
31.12.22
Unrestrleted fwmd$
General fund
120,233
18,972)
111261
Restrleted furtds
Restricted
177.484
30,756
208,240
TOTAL FUNDS
297.717
21.784
319.501
Pag¢ 15
continued...

DROP ZONE YOtrTH PROJECTS LTD.
NOTES TO THE FI.%LYCL4L STATEf+lENTS- tontinued
FOR THE YEAR ENDED 31 DECEMBER 2023
12.
MOVEMEYT Ir4 FUNDS- eontinued
Compardtive ne( movement in funds, included in the above are a8 follows-.
Incoming
r¢sources
Resource5
expended
Movement
in funds
b'Dr¢$trlcted funds
General fund
88,473
197.4451
18,9721
Rtstrleied fund$
Resrricicd
230.087
1199.3311
30,756
TOTAL FUNDS
318,560
1296,776
21,784
DESIGNATED FUNDS
Dethils on Ihe desi8naied funds currently held are provided below..
Reserve Policy - fi]nd5 Set aside by thc trusttt to rncct 3 month5 8niieipai¢d exper￿j￿re irt line with the reserves
policy
Buildin8 improvements- funds sei 8side 10 support fiiiin¥ and furnishin8s and other costs unable to be 8ranl funded
when th¢ buhldins is redeveloped.
D¢v¢lopment- fund5 set &%ide to support stafflng and proj¢¢t dcv¢lopm¢nt
ij.
RELATED PARTY DISCLOSURES
There w¢re no relit¢d party trinsaclion5 for the yeAT ended 31 Decemb￿ 2023.
14.
GENERAL INFORMATIOY
Drop Zonc Youth Project5 Ltd is a company limited by guarantee and incorporated in En8land. It's re8i$i¢Ted otYic¢
i5 LakclaThd Hou5c. Abbey Road. Barrow In Furn¢s$. Cumbria, Unii¢d Kingdom, LA14 1 XL.
The financial statements are presenied in sl¢rlin8, whJ¢h LS the th¢tional ¢urren¢y of the comparty.
Page 16

DROP ZX)NE YOttrH PROJECTS LTD.
DETAILED STATEMEf*T OF FINANCIAL ACTtVlTIES
FOR THE YEAR ENDED JI DECEMBER 2023
31.12.23
31.12.22
IPICOME AND ENDOwmE￿Ts
Dongtlons gnd leggcles
Donations
4,852
1,961
Other tradlng activities
knom hiT¢
Sundry re¢eipts
5,262
,568
182
5,262
1,750
Investment incorne
Deposit account interest
2,331
236
Charitable attiwitie5
Youth work
Secondment
Grants
105.187
5,084
152,551
84,526
19.366
210,721
262,822
314,613
Totsl incoming resource5
275,267
318,560
EXPENDITURE
Cbgritable activities
Wages
Social security
Pensivns
C2tering
Trdvelling
Youth days and a¢tiwti¢s
Sub-¢ontra¢ioTS
184,154
3,659
3,306
1,745
583
13,923
14,754
184.190
9.421
3.346
717
881
16.916
39.528
222.124
254.999
Support costs
ManagerneDt
Ttusiees, ¢xpenses
Rent and raks
Insurdnce
Light and heat
Telephone
Posthgie and stationery
Carried forward
59
1,251
3,135
18,152
7,842
1.253
31,692
3,848
3,640
7,545
5,146
1.297
21,476
This page does noi forni part of the sts¢utory financial statements
Page 17

DROP ZONE YOUTH PROJECTS LTD.
DETAILED STATEMEliT OF FLNANCIAL ACTIVITIES
FOR THE YEAR EYDED 31 DECEMBER 2023
31.12.23
31.12.22
Management
Brought forward
Adv¢rti5ing
Sundrics
Legal and professional fees
Repairs
Refuse removal
Staff traming
Subscriptions
CoTnpul¢T expenses
Cleaning
Donaiions
Depreciation of fixtures & fit iin8S
Depreciation of compuicr equip ment
on sale of [an￿b]e fjxed assets
31.692
2.610
102
7,524
7.872
21,476
2,072
156
2,864
1,546
119
1.856
2,088
3,683
1,227
2,140
144
2.331
1,438
3,088
705
603
45
56,932
41,702
Finan¢e
Bar￿ charge5
74
75
Total resource$ expended
279.130
296.776
Net leipenditurevintome
(3.8631
21,784
This page does not fonn part of the statutory fJn2n¢ial ststements
Page 18