OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-31-accounts

Hideaway Youth Project Limited

A Charitable Company Limited by Guarantee

Report and Financial statements For the year ended 31 March 2023

Company Registration No: 5409204 Charity No: 1110880

Hideaway Youth Project Limited

Financial Statements

For the year ended 31 March 2023

Contents Page
Trustees and Advisers 1
Report of the Trustees 2
Independent Examiner’s Report to the Trustees 13
Statement of Financial Activities 15
Balance Sheet 16
Notes to the Financial Statements 17

Hideaway Youth Project Limited

Trustees and Advisers For the year ended 31 March 2023

Principal Office & Registered Office The Amani Centre,
Quinney Crescent,
Shoreham Walk,
Moss Side,
Manchester
M16 7DG
Chairperson Zahra Alijah
Trustees Niall Cooper
Michelle Williams
John Cotterill
John Ivan Benett
Kevin Daye (appointed 13/9/22)
Eula Miller (appointed 13/9/22)
Reece Hobson (resigned 1/9/22)
Company Accountants Beever and Struthers
St George’s House
215/219 Chester Road
Manchester
M15 4JE
Bankers National Westminster Bank Plc
437 Wilmslow Road
Withington
Manchester
M20 4AJ
Charity Registration Number 1110880
Company Number 5409204

Hideaway Youth Project Limited

Report of the Trustees For the year ended 31 March 2023

Structure, Governance and Management

The Directors (who are also the Trustees) present their Annual Report and Accounts for the Charity for the Year Ended 31 March 2023.

Directors and Trustees

The Trustees of the charity are its directors for the purposes of company law. The trustees who served during the year can be found on page 1. All trustees are inducted into their role and responsibilities prior to agreeing to become trustees.

Risk Management

The trustees have considered the risks to which the charity is exposed and have developed a detailed risk register to manage and mitigate those risks. The risk register is reconsidered by the Board on a regular basis. The charity also has relevant policies in relation to areas of risk such as health and safety, child protection, complaints, and confidentiality and data protection.

Organisational Structure

The structure of the organisation comprises the Board of Trustees, with all nonadministrative and policy decisions made by the Trustees jointly. Administrative and financial management is undertaken by the Trustees in the absence of a Company Secretary. Day-to-day management of the organisation is delegated to the Project Director.

Remuneration Policy

The policy is to pay staff in line with nationally recognised scales subject to conditions agreed with funders.

Public Benefit statement

In accordance with s2 of the Charities Act 2011, we have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set.

Objectives and Activities Background

In Hideaway young people in Moss Side have had a place they have been able to call home since 1965, a safe space where they can learn to believe in themselves, build positive relationships and realise their potential. Our qualified staff are largely drawn from Moss Side. We help young people to develop the skills, knowledge and emotional resilience needed by providing them with a range of support, skills, opportunities and a sense of belonging. Everything we do stems from our motto: Believing in you to Believe in Yourself.

Moss Side is a very diverse community. We have welcomed migrants and asylum seekers for many years, and to this cultural mix we owe much of our community’s vibrancy and

2

Hideaway Youth Project Limited

Report of the Trustees

For the year ended 31 March 2023

flair. As a community, we have, however, also faced a variety of economic hardships: high rates of unemployment, poverty and a general lack of opportunities. In the face of the pandemic and cost of living crisis, issues ranging from identity and belonging through to the deterioration in educational and employment opportunities have found themselves exacerbated, threatening to damage the essential bonds which hold our community together. Yet these crises have helped to reinforce something: the work we do at Hideaway is just as important as ever.

Hideaway helps young people anchor their lives, providing safe spaces for people to express themselves and their voice whilst accessing learning, relaxation and development opportunities. At Hideaway, we recognise and respect differences whilst simultaneously developing young people’s understanding of what they have in common. We provide activities that challenge radicalisation, extremism, sexual exploitation and gang culture through activities, workshops, discussions, support and friendship. We help individuals cope with the everyday challenges they face and so they are more able to achieve at school, college, work and in the community.

Yet our timetable of activities only tells half the story, for it is through the activities and interactions that the real work is done, building relationships and trust. Hideaway’s experienced team of youth and community work professionals assist individuals and the community in a variety of ways to combat the complex challenges of living in an underserved, diverse inner-city area. To give an example, we have been supporting parents and carers who increasingly want our advice and guidance on how to prevent their sons and daughters getting involved in serious youth violence. We want to continue and build on this aspect of our preventative work.

Within our community, there are certain issues that have never gone away. Racism has remained a persistent blight, and whilst the current cost of living crisis has been particularly damaging it’s far from new in our community. Combined with the ever-changing challenges of modern life - from social media and technology to the aftermath of the Covid19 pandemic - anxiety levels amongst our young people are at an all time high. This has added a new dimension to our work.

Throughout all of these difficulties, we have strived to maintain our morale and support as best as we possibly can. We have been looking at new ways of working to deal with the challenges at hand and have noticed a significant change in the ways in which our young people wish to engage with us. Listening to their feedback - something we always take incredibly seriously - we’ve found that smaller groups and more universal activities are increasingly preferred. In the face of the current hardships faced by our community, we see our role as a safe-space and activity provider as more important than ever.

At Hideaway, we believe we have the strength to adapt and the ability to change to meet the changing needs of young people, but in order to do this continued funding is required. Hideaway is finding it challenging to maintain funding in this difficult time and is witnessing reduced income due to lack of funding opportunities.

3

Hideaway Youth Project Limited

Report of the Trustees For the year ended 31 March 2023 Our Offer in 2022/23

The young people of Moss Side and surrounding areas need, perhaps more than ever, to know that they are supported; that their life can be not just one of survival but of achievement in the various forms it may take. For over 57 years, Hideaway has provided safe spaces for young people to build their self-esteem and realise their aspirations through activities that offer opportunities for learning, relaxation and development. The pandemic and now the cost of living crisis has put much of this at risk.

As we witness changes to our sources of funding, we are looking at how we adapt our services to meet changing needs. We are continually adapting our services and working our way through the challenges presented. Our open access provision includes a range of face-to-face activities including sports, dance, cookery, homework support, structured discussions and training on leadership and mentoring. We also offer face-to-face information and advice services.

In 2022/23 we have delivered different weekly sessions including

During the year 2022/23 we have worked with 301 young people. The breakdown is as follows:

Total Number of Participants During Report Period 301
Number of New Participants 66
Aggregate Attendance at All Sessions 3126
Average contact hours (per participant) 65.55
Gender
Male 197 65.45%
Female 102 33.89%
Non Binary 2 0.66%
Ethnicity
Black-African 56 18.60%
Mixed ethnic background 48 15.95%
Black-British UK 42 13.95%
Black-Caribbean 42 13.95%
White-English/Scottish/Welsh/Northern Irish/Irish UK 29
9.63%
Prefer not to say 25 8.31%
Any other Black/African/Caribbean 19 6.31%

4

Hideaway Youth Project Limited

Report of the Trustees
For the year ended 31 March 2023
Other ethnicity group 9 2.99%
Asian/Asian UK-Pakistani 9 2.99%
Asian/Asian UK-Bangladeshi 6 1.99%
Any other Asian background 2 0.66%
Chinese 4 1.33%
Not specified 10 6.32%

Activities in Sessions

Group Discussions

Group discussions are an essential staple of the provision we offer at Hideaway. During these discussions, we listen and respond directly to our young people and support them and their most pressing issues. In discussions, for example, it has come to light that some young people would benefit from support around feelings and emotions as well as mental health well-being and we have endeavoured to help them through this. Other discussions have taken place about education, in particular SATs and GCSEs that some of the young people will be taking. By providing a space to listen directly, we enable our young people to open up about their anxieties and stresses and talk through their emotions.

Cooking and Food

Cooking and food is an integral part of most of our sessions, not only because of the social aspects of a meal but because some of our young people are often hungry and in need of a nutritious, home-cooked meal. In most of our sessions, the young people and the Hideaway staff work together in cooking and preparing the dishes, strengthening their bond as they do so. In our sports sessions, we offer juicing and healthy foods to help fuel them for their exercise.

Sports

Our sports and team games are Hideaway’s most popular provision and are consistently a big attraction for our young people. Not only do they provide a chance to blow off some steam but help to cement friendships and bring people out of their shell.

Partnership Work

Our partnership work has increased in recent years,

and we work closely with local, regional and national partners. The partnership work has also highlighted the need for change. It has made us re-evaluate and re-create our offer, utilising the abilities of young people. We are continually learning and developing our hybrid approach to youth work.

Proctors Youth Club Hulme

Hideaway was approached by Manchester City Council to provide youth work in Hulme. We were asked to deliver two sessions per week in a purpose-built youth centre that now operates as a Pupil Referral Unit (PRU) and has not delivered youth work since 2013. The work began in July 2022 and is planned to continue for the foreseeable future.

5

Hideaway Youth Project Limited

Report of the Trustees

For the year ended 31 March 2023

This has been a new challenge for us and one we have embraced with enthusiasm. As no community or youth work has been offered in the area for many years, we found we had to start from the very beginning to develop youth work and the theory behind it. The young people had to learn that we were not school and their parents had to understand that we were not an authoritative agency. This presented new challenges. We had to set ground rules and explain that we were there on a voluntary basis. Youth workers persevered and are starting to see a change in attitude towards us.

Throughout this period, the young people involved have been consulted about the programme and the activities that they would like to see offered at the youth club. Activities at our sessions comprise of, group discussion, arts and crafts, quizzes, sports such as football, cooking, dance, drama, basketball, badminton, team games and much more. During these activities young people have taken a lead role in organising and delivering the activity. This role empowers and builds confidence in young people.

Street Games Commonwealth Summer Camp

9 young people attended the 5-day camp in Birmingham, developing their coaching, volunteering and leadership skills. These young people also had the chance to attend the Commonwealth Games in person and watch inspirational athletes perform, meeting other people from all around the UK in the process. They experienced camping (mostly for the first time) and challenged themselves with outdoor adventure activities. To support personal development, they also had the opportunity to take part in workshops and Street Games Activator sessions, where they learnt the skills to run Doorstep Sport activities back in their local community.

The camp programme was planned by a group of Young Advisors from across the UK and our young people enjoyed it so much, that 3 of them have expressed an interest in becoming a Young Advisors for 2023 Summer Camp.

Snow Camp Hideaway continues to work with a charity called Snow Camp. This project has culminated in four young people going to Andorra to further enhance their skills in skiing and are now at a level that they can go on to become ski instructors. In addition, this year a young person who completed the course has become a member of the youth board at Snow Camp.

This project is a 12-week programme where young people attend to gain skills in skiing and snowboarding, and we are extremely proud to have involved 12 young people in this project. It is the sort of opportunity not often accessible to members of our community, and without support from Hideaway youth workers this opportunity would not have been possible.

The young people gained skills in mentoring, leadership and team work and then attended a residential in the mountains of Andorra. In the final part of the programme, they put the skills they learnt into practice and began learning how to be an instructor themselves. Not only do the specific, practical skills of our young people improve but their confidence does too. Despite it being a tiring week of travel and exercise, the response to the residential has been very positive, with everyone relishing the opportunity to not only learn but form new friendships with other people from around the country.

6

Hideaway Youth Project Limited

Report of the Trustees For the year ended 31 March 2023

Civact

This is a partnership between 6 partners, 3 in Manchester and 3 in Sheffield. This project started during the Covid lockdown, and aims to offer core funding to Black, Asian and Minority grassroots groups across England working with their communities to raise awareness of the unique challenges facing Black, Asian and Minority ethnic groups. It is run by a collaborative panel of individuals who have understanding and lived experience working with Black, Asian, and Minority Ethnic communities.

Hideaway’s role in the project was to develop youth leadership. This has been partly successful; we have ensured young people have attended consultations and been involved in research, with 2 participants subsequently going on to complete our leadership course and are now employed as sessional young workers here at Hideaway. Young people are struggling to get involved in long term projects due to instability in their lives, but we are continuing to offer and develop this as an option.

In Our Words

This is a local partnership between 3 not for profit organisations, Odd Arts, Hideaway and 84 Youth.

Projects delivered this year have included, theatre trips, working with Kids of colour on colourism with young women, workshops in Levenshulme High School and supporting arts workers with training and understanding youth work.

Peace Together

This is a collaboration between 5 local organisations, Hideaway, Odd Arts, Families against Violence, Rio Ferdinand Foundation and 84 Youth.

Hideaway coordinates the project which is funded through the Violence Reduction Unit. Each partner delivers a specific outcome and every six weeks we meet to discuss our work and how we support each other. Hideaway’s delivery outcome is engaging young people in sport and engaging parents.

This fund supports the community conversations that Hideaway facilitate, the sports work in Proctors Youth Club, provides time for the project director to co-ordinate and facilitate meetings with the Violence Reduction Unit (VRU) and attendance at Greater Manchester Police (GMP) consultations.

Developing Our Future Offer

Hideaway reaches and supports young people other organisations cannot. We do this primarily through the quality of our relationships and the ‘reach’ this gives us.

We are developing a cohort of young people who have the potential to become mentors and leaders in the community. We then want to utilise their skills and understanding to play a central role in developing the new programmes. Through one our collaborative programmes we are developing a young people’s advisory group. In addition, we are continuing to develop the young leaders programme, although the funding for this will end in September 2023. This will offer a model which we believe can assist Hideaway to become more relevant a sustainable in the future.

7

Hideaway Youth Project Limited

Report of the Trustees For the year ended 31 March 2023

Changes required to develop our offer will include:

This will mean:

We believe that our core face to face delivery, based on a mixture of open universal youth work, offering sessions which are open to all young people who wish to attend, and more targeted approaches, inviting specific groups of young people to attend sessions, are the best way forward. We are continually adjusting the balance between “universal open access” and delivering “targeted” youth work, when appropriate. Using a universal youth work approach, we deliver workshops and projects to help young people build positive relationships, increase wellbeing and raise aspirations. This approach enables us in turn to focus on targeted issues such as mental health, sexual exploitation, gang issues, radicalisation, and knife crime and youth violence.

Our programmes respond to the changing needs of young people. Our offer is delivered through:

8

Hideaway Youth Project Limited

Report of the Trustees

For the year ended 31 March 2023

Current Sources of Funding

National Lottery Community Fund

This funding enables young people in Moss Side to have access to information and advice sessions provided by trained youth workers 3 days a week for 40 weeks a year. We also use the funding to provide workshops and projects to enable individuals, groups and those involved in gangs to tackle a range of pressing issues and address negative influences. This funding also enables young people to become positive role models and to develop their potential as leaders within the community through a peer mentoring and leadership scheme.

This funding came to an end in December 2022, our application for further funding has been rejected leaving Hideaway in a vulnerable financial position.

Henry Smith

The Henry Smith funding has been used to provide an ambitious programme that places emphasis on:

This funding came to an end in January 2023

Collaborative Funding

Greater Manchester Combined Authority and the Violent Reduction Unit

Hideaway was approached to lead a collaborative bid being funded through Greater Manchester Combined Authority and the Manchester Violence Reduction Unit. Hideaway is the lead partner in partnership. The Alliance is made up of small local not for profit organisations.

All alliance delivery was built on using learning from the first year of the project. The alliance recognised sport and music is very important to young people. It was also recognised that it is important to work with the wider community and develop their resilience and incorporate training to create sustainability. The alliance has recognised that working together a wider learning platform is created.

It has also been identified that not all young people want to take part in prescribed sessions. This input was taken on board and ensured that fluidity was planned into the project. Whilst still meeting all project outcomes, the alliance wants to be able to be flexible in doing so.

Open access youth provision was delivered at Hideaway and Proctors Youth Club. Families Against Violence deliver the sport element in Hulme and provides 4 nights per week open access provision in Moss Side and Hulme and young people from Rusholme are encouraged to attend.

9

Hideaway Youth Project Limited

Report of the Trustees

For the year ended 31 March 2023

Not all provision will be funded through the Greater Manchester fund, but the fund enhances and ensures safe practice is adhered to. Open access enables other alliance members to engage in these sessions. Hideaway facilitates community conversations and addresses issues parent/carers/community have already asked us to facilitate, including SYV (Serious Youth Violence), knife crime and mental health issues.

In Our Words

Odd Arts is the project lead organisation with two key partners; Hideaway Youth and 84YOUTH. Odd Arts has long term experience successfully partnering both these organisations and all partners have shared values. Hideaway’s role is to ensure that local young are involved in the project and help steer the direction of all projects undertaken.

CiviAct

This consortium is a development project that partners activist organizations across Sheffield and Manchester to explore and support community-led civic action. The project has been undertaken in partnership by representatives from Unity Gym Project (Sheffield), MA Education Consultancy CIC (Sheffield), Faith Star LLP (Sheffield), The University of Sheffield, Kids of Colour (Manchester), Joint Enterprise Not Guilty by Association (JENGbA) (Manchester), The Hideaway (Manchester) and Manchester Metropolitan University.

Hideaway’s role in this is to support the establishment, training and development of the youth advisory and governing board (with support from CiviAct partners).

Conclusions

We are constantly looking at new ways to diversify our funding. We need to support young people in Moss Side and the surrounding areas to build back their expectations and realise their aspirations. The pandemic and the cost of living crisis has not affected all young people equally, the young people of Moss Side have suffered significantly. Hideaway has a unique role to play in supporting these young people to obtain the skills, knowledge, confidence and resilience and to realise their potential in these most challenging of circumstances.

Hideaway is not a school or a college, however, it is an educator. We reach and support young people in ways that other organisations do not understand and struggle with. Our efforts can directly improve young people’s lives and indirectly we help individuals cope and achieve at school, college and with the challenges they face every day. Our influence is not always seen or easily quantifiable. Hideaway endeavours to share its models of working with other organisations and aims to develop new ways of working with young people to meet their changing needs.

Youth work has had to change to the changing needs of young people and as such we have had to reimagine our youth work offer. Following the pandemic and the cost-of-living crisis new challenges have arisen. For some of the young people we work with it has exasperated some of the challenges already faced. Staff and young people have had to adjust, develop new ways of working and learn new skills. As an organisation we have had to continually work very hard, both individually and collectively, to maintain our morale. This has not been easy. The quality of Hideaway’s relationships and our strengths as an organisation has meant that we continue to develop and are now ready to reinvent our offer to meet the next challenge.

10

Hideaway Youth Project Limited

Report of the Trustees For the year ended 31 March 2023

We are now entering a new challenge due to the lack of funding availability. Shrinking budgets at all levels means there is less to go around. We are in competition with many organisations in our sector.

Poverty and the cost-of-living crisis is a real issue, and many of the young people and their families we support are facing economic hardships. Challenges are ever increasing and changing and we are being asked to respond quickly to unpredictable situations and deliver much-needed services. One of Hideaways unique selling points is that we are able to respond and identify underlying issues before they become greater concerns.

As we are the last remaining youth work project based solely in Moss Side there is real pressure on Hideaway to not only survive but also to adapt to the challenges and the changing needs of the young people in Moss Side. This means that as a staff team we need to stay strong and address our own development needs. As a staff team we are striving to adapt our services.

The Hideaway Board of Trustee are extremely proud of all our staff and how they have adapted throughout the past few years. They have pulled together and not only shown resilience and dedication but also a determination to succeed in supporting our young people through a very difficult period of their lives.

Hideaway is an amazing organisation which has been providing youth work in Manchester for over 57 years. With the help of new and existing funding sources Hideaway will continue to support the community of Moss Side and the surrounding areas and provide fabulous support to the young people in the area.

Financial Review and Reserves Policy

The excess of income over expenditure for the year was £3,291. This surplus combined with funds carried forward from the previous financial year shows the net assets position of the charity to have increased to £206,638.

The trustees have continued to designate funds to a project Engaging Youths which recognises that we have agreed to use reserves to supplement grant aided work.

The charity’s unrestricted funds also include specific provision against redundancy of £25,000 (£25,000 in 2022), and a general reserve of £81,812 (£81,812 in 2022) to cover contingencies, including reductions in grant payments.

The reserves policy is to maintain general reserves at a minimum of three months expenditure and a maximum of six months expenditure. Excluding the designated funds, we have general reserves equal to almost 5 months future expenditure.

Covid-19 and general economic downturn

The trustees have been aware that there would be ongoing financial issues which would affect future funding resulting from the economic effects of the unstable global economy. The results of this are now being seen and the organisation has had to take a look at costs and make staffing cuts in order to remain viable. The long-term management of funds has given the organisation the ability to continue to operate in the near future, but long term

11

Hideaway Youth Project Limited

Report of the Trustees

For the year ended 31 March 2023

funding will be required for Hideaway to continue to provide the optimum level of service that the local community needs and expects.

Responsibilities of Trustees

The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the holding 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 of the charity for that period. In preparing these financial statements, the holding trustees are required to:

The holding trustees are responsible for keeping proper 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 Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. The holding trustees 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.

Signed by order of the holding trustees

M Williams Trustee

Date: 18 December 2023

12

Hideaway Youth Project Limited

Independent Examiner’s Report to the Trustees of Hideaway Youth Project Limited For the year ended 31 March 2023

I report on the accounts of the charity for the year ended 31 March 2023 which are set out on pages 15 to 22.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

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

Basis of independent examiner's statement

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

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

have not been met; or

13

Hideaway Youth Project Limited

Independent Examiner’s Report to the Trustees of Hideaway Youth Project Limited For the year ended 31 March 2023

A J McLaren FCA Beever and Struthers, Chartered Accountants One Express 1 George Leigh Street Manchester M4 5DL

Date 18 December 2023

14

Hideaway Youth Project Limited

Statement of Financial Activities for the year ended 31 March 2023

2023 2023 2022
Unrestricted
Funds		 Designated
Funds		 Restricted
Funds		 Total
Funds		 Total
Funds
Note £ £ £ £ £
Income From:
Donations 2 9,027 0 9,027 10,118
Charitable
Activities		 2 98,280 175,737 274,017 324,286
Other income 2,314 2,314 7,121
Investment income 4 0 0 699
Total Income 109,621 0 175,737 285,358 342,224
Expenditure On:
Raising Funds 3/5 163 163 180
Charitable
Activities		 3 60,510 0 221,395 281,905 339,411
Total Expenditure 60,673 0 221,395 282,068 339,591
Net
income/(expenditure)
for the year		 48,948 0 -45,658 3,290 2,633
Reconciliation of
funds
Total funds brought
forward		 95,793 50,360 57,195 203,348 200,715
Transfer between
funds		 10 -37,929 49,466 -11,537 0
Total funds carried
forward		 203,348
106,812 99,826 0 206,638

All of the above results are derived from continuing activities. All gains and losses recognised in the period are included above.

15

Hideaway Youth Project Limited

Balance Sheet Year ended 31 March 2023

2023 2022
Note £ £
Current Assets
Debtors 8 2,983 13,827
Cash at bank and in hand 251,578 319,112
Total Current assets 254,561 332,939
Liabilities
Creditors: amounts falling due
in less thanone year		 9 47,923 129,590
Net assets 206,638 203,348
Funds of the charity:
Unrestricted income funds 106,812 95,793
Designated Funds 99,826 50,360
Restricted income funds 0 57,195
Total charity funds 10 206,638 203,348

The directors are satisfied that the company is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the financial statements for the year by virtue of section 477, and that no member or members have requested an audit pursuant to section 476 of the Act.

The directors acknowledge their responsibilities for:

These financial statements have been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

These financial statements were approved by the directors on 18 December 2023 and are signed on their behalf.

M Williams

16

Hideaway Youth Project Limited

Notes to the Financial Statements For the year ended 31 March 2023

1. Accounting Policies

The financial statements have been prepared under the historical cost convention, and in accordance with the Statement of Recommended Practice - Accounting and Reporting by Charities (FRS102 SORP), effective 1 January 2015. The principal accounting policies adopted in the preparation of the preparation of the financial statements are set out below.

The charity has a restricted income fund to account for situations where a grant, donation or other income is required to be spent on a particular purpose.

The charity also has unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Income received for specific purposes has been credited in total to these funds; expenditure charged has been confined to those items incurred within the aims and objects of the funds.

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is described by activity and where specifically identified items are directly charged accordingly. General costs are allocated upon a consistent basis from year to year.

17

Hideaway Youth Project Limited

Notes to the Financial Statements For the year ended 31 March 2023

2. Income from charitable activities

Unrestricted
Funds		 Restricted
Funds		 Total
Funds
2023		 2022
£ £ £ £
Grants and donations
Tudor Trust 0 0 33,000
National Lottery 81,630 81,630 97,629
Paul Hamlyn 0 0 7,500
Henry Smith 17,356 17,356 69,816
Manchester City Council 20,427 20,427 0
Violence Reduction Unit
Bolton		 32,417 32,417 0
McrActive 23,907 23,907
Other Grants and
Donations		 107,307 107,307 126,459
Other Income 0 0
Total Income 107,307 175,737 283,044 334,404

18

Hideaway Youth Project Limited

Notes to the Financial Statements For the year ended 31 March 2023

3. Analysis of Expenditure on charitable activities

Youth
Project		 Designated
Funds		 Restricted
Funds		 Total
2023		 Total
2022
Expenditure £ £ £ £ £
Salaries 35,315 0 184,029 219,344 234,337
Administration 17,726 0 115 17,841 53,809
Heat, light,
cleaningetc		 0 0 9,892 9,892 7,200
Activities/other 6,203 0 20,958 27,161 33,287
Training 423 0 3,614 4,037 7,553
Travel 1,006 0 2,787 3,793 3,405
Total
expenditure		 60,673 0 221,395 282,068 339,591

4. Investment income

All of the charity’s investment income arises from money held in interest bearing deposit accounts. All investment income is unrestricted.

5. Cost of raising funds

All expenditure on the cost of raising funds is unrestricted.

6. Trustee remuneration

The trustees neither received nor waived any emoluments nor were reimbursed expenses during the period.

19

Hideaway Youth Project Limited

Notes to the Financial Statements For the year ended 31 March 2023

7. Staff costs

2023 2022
£ £
Wages and salaries 209,516 219,701
Social security
costs		 10,427 14,514
Staff pension costs 4,853 4,941
Total 224,796 239,155

Wages this year has been split between:

Workers salaries
Wages included in Heat, light, cleaning etc
 £
219,345
5,451
224,796

The average number of employees, calculated on a full-time equivalent basis, analysed by function was:

2023 2022
No. No.
Youth project 7 8

No expenses or remuneration were paid to the Trustees (2022 - £Nil).

No employee received remuneration of more than £60,000 during the year (2022 - £Nil).

The key management personnel of the charity comprise the trustees and the director.

20

Hideaway Youth Project Limited

Notes to the Financial Statements For the year ended 31 March 2023

8. Debtors

2023 2022
£ £
Accrued income 0 2,560
Other debtors 2,983 11,267
Total 13,827
2,983

9. Creditors

9. Creditors
2023 2022
£ £
Grants in Advance 45,079 105,240
Trade creditors 57 22,538
Other creditors 2,787 1,813
Total 129,590
47,923

10. Statement of funds

Income Expenditure Transfer Brought
Forward		 Carried
Forward
£ £ £ £ £
Project Accounts 114621 65673 -48948 0 0
AspiringLives 51100 74903 50 23753 0
Civiact(Lottery) 30531 30531 0 0
HolidayActivityFund 17356 17998 642 0 0
HenrySmith Open Access 32417 46428 -109 14120 0
Peace Together(VRU) 20427 20068 -359 0
Proctors(MCC) 23908 23169 -739 0 0
Paul Hamlyn 0 8300 -3 8303 0
EngagingYouths 0 0 49466 50360 99826
Redundancyreserve 0 0 25000 25000
General reserve 0 0 81812 81812
Total 290359 287068 0 203348 206638

21

Hideaway Youth Project Limited

Notes to the Financial Statements For the year ended 31 March 2023 11. Analysis of net assets between funds

Restricted
Funds		 Designated
Funds		 General
Funds		 Total
£ £ £
Fund balances at 31 March 2023
Are represented by:
Current assets 0 99,826 154,734 254,560
Current liabilities 47,922 47,922
Total net assets 0 99,826 106,812 206,638

22