REGISTERED COMPANY NUMBER: 06035517 (England and Wales) REGISTERED CHARITY NUMBER: 1121801 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR ALNWICK YOUNG PEOPLE'S ASSOCIATIOLY LIMITED Greaveg Grindle Chartered Accountants ViLloria House BondgatL Within Alnwick NorihLimberland NE6C) ITA ALNWICK YOUNG PEOPLE'S ASSOCIATTON LIMITED CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR EINDED 31 MARCH 2024 Page Report ot the Trustees Independent Examlner's Report Statement of Flnanclal Actlvitles Balanee Sheet Notes to the Flnydnelal Statement5 Y lo 16 ALNWICK YOUNG PEOPLE'S ASSOCIATTON LIMITED (REGISTERED NUMBER: 06035517) REPORT OF THE TRUSTEES FOR THE YEAR EINDED 31 MARCH 2024 Thc Iru%icus whL7 arL ul&u dirLLtor% of thL lhurity for thL Pur￿5￿5 L7f thL Compaiiius Act 2006, pru'&Liit thuir rLport witli thL tinJnciul smiemenls of the charii), for the year ended 31 March 2024. The trustees have adopted the proi'isions of Accounlii)g and Reporiing by C'.harilies.' Siaiemenl of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reportin¢v Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). UHJtr',C'I'IVTr'.5 ANI) AL'I'IVI'I'Ifr'S Objei'tives and aims for the public beneflt The objeLtives of the charitable company are lo provide a safe, supporllve environment %%here young people Lan meet, socialise and discu$5 issues that concern them. To enhance youn&, people'5 developinent iiito responsible adults aiid enable tliein to contribute to their community. To offer infonnal social education opportunities for youn% people. Our Mission 15: Gallery Youth will help young p￿ople feel good about themselves and be valued by their community. We ivill delivei. serviceb and experiences that are %ate and siipportive. Page I ALNWICK YOUNG PEOPLE'S ASSOCIATTON LIMITED (REGISTERED NUMBER: 06035517) REPORT OF THE TRUSTEES FOR THE YEAR EINDED 31 MARCH 2024 ACHIEVEMENT AND PERFOR1￿1¥cE AlnwiLk Yuiing PLoplu s A%suciatiuii LontinuLs t() dulivcr and dcvclop sLrviLLS that cn¥Jgu young puoplL in #ctiYitic& th￿t arL fLIn, challenging and exciling, aiming lo boost their confidence and self-esleein. Our open d(M)r 'Drop in, sessions otTer a safe place for young people io meet and SOLialise with their peers as well as access sUPPOrt from our youth workers. These sessions are often a firsl contact with young, people and as positive relationships build with statt and young people, M'e can build a picture of issues that aflect young people's lives. We believe ihai by creatii)g a wider undersianding of the issues thai affect thein we can enable them to make more infom)ed, healthier lifestyle choices. We advocate on behalf of young people in various forums highlighting the need lo deliver services to them and gret their voices lieard in their own coininunity. Wc hxvc %upportcd young pcuplL through MdviLC and inlorniation un %uLlI as bcncfits. budgLting. dcbt adviLc, employability issues, sub51ance Tnisuse, sexual healih, gender idenlily, housing and homelessiiess. bullyiiig. peer pressure, disability issues as well as referralb for one to one specialist support. De￿elopment Work Onec again wc dclivcrLd a t"oLuscd summLr prograinmL that ran alongsidc tlie drop in scssions. Thcsc includLd sprav art aLli¥ ilics, niaking mosaic5 and wooden sculptures with a focus on environimeni. Parl ot. the prograin was delivered in parlnership with the Alnwick Gai'dens developmeni worker, delivering ouli'eaLh sessions al Ille Freerideis bike traek. W¢ eiigaged with many new young people in Ihe4e %es%ion4. We usii%led in the delivery ot the 'What a woiidert.ul World, environmental weekend held at Alnwick Playhouse continuing to work alongside young people through the Climaie Club in the Duchess's Community High School. Althougli our role as a youtli work agency has not clianged, we recognise thar we have lo continue lo be tlexible in the way w¢ deliver services to support young people. Outreach work has played a crucial role over the past year as a way of engaging with young people and we aim to be tlexible in deliverin¥ servi¢e% in the tuture. Partnerships We have continued to work alongvside Aliiwi¢k Town Council and the Alnwick Town Partnership focusiiigi oli youn& people and liousing issues. Our ideas are being fed baek into a new Alnwick and Denwick Neighboiirhood Plan io highlight the lack of hoiising avdilable io local young people. li 14 envi.%aBed thdt the tinal report will be publi.shed thi% yedr. We continued io work along%ide a local inulii agency parlner%liip group foLusing on subslanee misuse in the local area. One outcome of ihis was Ihe delivery of a public information day highlighting to parents, young people and lo¢al residenlb SUPPOrt services that were available, as well as the dangers and Consequences ot, substance Inisuse can have oli local communities. We huve worked with the lown LounLil L)ver%eein¥ the Freerider5 bike truck lo ensure that Ihe site 1% manuged and tnainlaiiied to high standard. Ot]ce again we Can report back Ihal tlie bike track has b¢en a huge sii¢¢ess and continues lo be a free facility for all in the Loinmunit), 10 use. We have been involved iii a county wide parlnersliip with other youth agencies and are parl of a reaching communities bid which will L'oine to fruitiLin iii the Luming year. Thi.b is b&%ed on key orguni%ulion% aL'ro%% the Lounly working together lo deliver %upport %erviL'e lo young people at a local level. The initial funding will stari from June 2024. It ha5 been another chall¢ngyillg yet rewarding year. Once agrain look tonvaTd and continue to suptK)rt youn(T the surroiinding rural area. by developing ¢ind delivering support on issiies that are relevant 10 Ihem. people in Alnwick and FIINAIYCIAL REVIEW Internal and external f#etors We are a project tunded youth project; w- have to raise funds on a project by project basis. We will continue to Th'ork iowards a 5usiaiiiable level of ¢￿'1jed iiiLOLI)e by Jiveisifyiijg out. iI)¥oii)e sow'les wliei'e po55ible lo eiiaL)le u5 to Lt)Illii)ue opeialiLIg. Reserves polit} Page 2 ALNWICK YOUNG PEOPLE'S ASSOCIATTON LIMITED (REGISTERED NUMBER: 06035517) REPORT OF THE TRUSTEES FOR THE YEAR EINDED 31 MARCH 2024 Ai 3 Ibl March 2024, Ihe chariiable tyonipany's general fund had unreslricied nel current liabilities of £5 l)03 12023.. nel current assets L7f £17,091 }. Thu trustcc& aim to cnsuru that thcsL rcsLrvcs givL thL chtsritabll vuinpuny ts suttiLiLnt fin#ncial bLiffLr #g¢iiiiAI any unforeseen expenditure or reduction in incotne. Since ihe year end. further funding has beet] received aiid Ihe general fund deficii has beeii eliminaied. STRUCTURE, GOVERNALNCE AND MANAGEMENT Governing d￿￿ment Alnwick Young People's Asso¢iAlion is a regisiered charity iio 1121801, a Compai)y Limited by Guaraiiiee no. 060.15517 and is administered and managed in accordanLe M'ith its Memorandum and Articles of AsbocialiorL. Reerultment Ind appointment ofthe management coinmlttee ThL dircLiofs uf IhL Loiniiany arc al40 IhL Lharity trustccs for Ihe i)urpo%LS of Lliurily Idw at]d under IhL' Lomp&ny's ArtiLIc% Ltrc known as Inembers of tlie Maiiagement Committee. TThstee induction Wnd training New Ini8iees ui)dergi) an orienlalion period lo brief Ihem on their legal obligations under chariiy and compaily law. the conlenl of the MLmoranduin and ArtiLlcs of Associatioii, Ihc Lommillcc and dccision-nvaking proLLSSCS, thc bLisincss plan and tlic rcLLnt finanLial pertonnance ot. the coinpany with the assistance of an induction pack. The trustees meet key einplovees and other Iruslees during this peri￿. Truslees are encouraged lo allend brief inieriial training sessions when required where these will facililale the undeTlaking of their rolL. Organlsatlon Tlie bodrd of Irustee4 meet reguldrly lo review the orgdnisalion, itti re.4uItN dnd di.4cu%% &ction required tor the future. The Project Manager is entrusted with the day-lo-day ruiining of Ihe cornpany and is responsible for ensuring tlial the coinpany delivers on ils objeltives. Investment powers and polley Tlie Irustee4 are able to inve%t dnd de#1 with tlie monies ot tlie clillritable con)pany not immediately required in %uch manner they may from time lo lime determine. Aside troni reiaiiiingj a pwdeiil ainount ii) reserves each year most of the charitable company's tunds are to be spent in tlie short term so there are few funds for long term iiivestjnenl. Funds are held in shorl-lenn deposit accoiinls. Risk management The Iruslees nionitor the risks the Lharilable LOLnpany is exposed lo on an ongoing basis and discuss their concerns regularly when tliey meet. There is now a torinal risk manag?einent rA)licy iii pla¢¢. and this is available to the public upon request. Page 3 ALNWICK YOUNG PEOPLE'S ASSOCIATTON LIMITED (REGISTERED NUMBER: 06035517) REPORT OF THE TRUSTEES FOR THE YEAR EINDED 31 MARCH 2024 REFERENCE AND ADMINISTRATIVE DETAILS This company is also known as The Gallery Youih Project. Registered Companv Number 06035517 (England and Wales) Registered Charity Number 1121801 Reg15tered Office RLdf of 39 Bondgatc Within Alnwick Northumberland NE()6 1 SX Trustees and Executlve Commlttee Members Henry Playle ICI)airl Graliam Lockwood Fraiik LytDrd David Archer Lynda WLarn Julia Lytord (Alnwi¢k Town Council) Rothbury & Coqueldale Yc>ung People's Project Si)linter Group (Resigned September 20231 Senior Management lan hlLRa¢ Project Manager Bankers Lloyds Bdnk plc 24 Boiidgale Wiiliin AlnwiLk Northiimberland NEC)6 ITD Independent EAamlner Jdne Htirvey F.C A. Greaves Grindle, C.harI¢￿d Accountants Victoria House, Bondgate Within Aliiwick. Northuniberland NE66 ITA Our CuntaLt Detalls: Web.. www.galleryyouthprojecl.org Email.. gallerydr0poul(￿bilnternet.COM Telephone- 01665 605846 The title to the pruperty, Remr of 39 Bondgate Wiihin, ]% Lurrently held in trust t.or the Lornpany by Anne ML'Phun und Graeine Knox who are prei'ious trustees lo the company. We are in the process of updating the litle deed5. This report has been prepaird in accordance with the special provisions of Part 15 ot. the Coinpanies Act 2006 relating, to small companies. Approved by order of the board of trustees on I l Deceinber 2024 and signed on ils behalf by: H Playle - Tru&lee Page 4 INDEPENDENT EXAIWINER'S REPORT TO THE TRUSTEES OF ALNWICK YOUNG PEOPLE'S ASSOCIATION LIMITED Independent examiner's reportto the trustees of Aln)%'ick Young People's Associatioll Limited ('the Company,) I report to the charity twstees on my exaillination ot the accounts ot, the Coinpany tor the year ended 31 March 2024. Reiiponsibilities and basis of report As the charil} s trustees of the Coinpany (and also ils directors for rhe purposes of company law) you are responsible for (he preparation of the accounts in accordance with the requiremenis of the Companies Act 2006 {'Ihe 2006 Acl'}. Having salisfi-d myself Ihal the accounts of tlie Company are not required io be audited under Part 16 of the 2006 Act and are cligiblL tor IndcpLndLnl L'xaillinutiun, I rLPDrt in rL%pLLI ot my cxamindtion of your Lharity'¥ kiLLounls LarriLd uut undL'I' bLLlion 145 of the Charities Act 2011 ('Ihe 201 l Act,). In carrying out Iny examinalion I have followed Ihe Directions given by the Charity Commission under Seciioii 145{5) (b) of the 201 l Act. Indepeiident examlner's st&tement I havc L'omplelLd my ex￿mInatiO[l. l Lunlirn] thal no mdltcfi have Loinc to my ￿tt￿ntIon in ionncLtion with the Lxaminatiun ¥iving Inc cause ￿ belIe￿e.. accoiintinLy records were not kept in respect of the Company ali required by Sectioii 386 01. the 2006 Act. or the accounts do ilol accord with Ihose records. or the accounts do nol Lomply with Ilic ilLLounling rcquircincnts of Scction 396 of thL 2U06 ALI othLr than any rcquirLmcnt that the accoun15 giwe a true and fair view wliich is not a rnatler considered as part ot. an independent examination; or the aeeounls have not been prep&?red in accordanLe with the Inethods and prIn￿lpLeS of Ilie Stat¢in¢nl of Recominended Pructice tor accouiilingy dnd reporting by chdrities (api)licable to charilie% preparing7 their account% in accar(Idnce willi the Finaiicial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have corne across no other rnatters in connection with tli¢ ¢xamination to whicli all¢nlion should b¢ drawn in this repon in order to enable a proper understaiiding of the accounts to be reached. ,lane Harvey F,C.A. Greaves Grindle Chartered AccDunlants ViLloria Hoube BondgFate Within Alnwick Nurihuniberland NE66 ITA 20 Deceniber ?024 Page 5 ALNWICK YOUNG PEOPLE'S ASSOCIATTON LIMITED STATEMENT OF FINANCIAL ACTIVITIES (IricoRPOIL4TILNG AN INCOME AIYD EXPEIYDITURE ACCOUIYT) FOR THE YEAR ENDED 31 MARCH 2024 2024 Total fu￿dS 2023 UnrLstrictLd funds Rc4triclcd funds Tot¢il funds Notes INCOME AND ENDOWMENTS FROL¥I Donatloiis and legaLies 45,198 8,800 53,998 Other income Total 2,142 106 4L)6 56.056 EXPENDITURE ON Raising funds 18,724 1¥,724 18,694 Charltable actlvltles Gallery Youth Proj¢¢l Total 71,628 19,996 IU4 119 NET IINCOMEI{EXPENDITURE) TrMn%fers bet￿een funds Nel moveinent in funds 124,372) 1..126 (23.046) {Jl,196) {35,568) 2,377 10 (12,522) 135,568} 2,377 RECONCILIATION OF FUNDS Tolal funds broiighi forivard 17,406 33,625 51,031 48,654 TOTAL FUNDS CARRIED FORWARD The notes fonn parl of iliese finaneial statements Page 6 ALNWICK YOUNG PEOPLE'S ASSOCIATTON LIMITED (REGISTERED NUMBER: 06035517) BALANCE SHEET 31 MARCH 2024 2024 Total funds 2023 Total tunds" Unrestricted Reslricled t-unds Noles FIXED ASSETS Tan￿ble asse15 263 21,103 21,366 27,614 CUAiRLN'I' ASSL'I'S C',asli (tl bank and in hand 122 122 26,497 CREDITORS Amounts t"allin¢v due within one year 16,025) (6,025) 13,080) NET CURRENT ASSETSI(LIABILITIES) TOTAI. ASSETS LESS CURRENT LIABILITLES (5,640) 21,103 15,463 51,031 NET ASSETS FULNDS unre￿[rICted tunds RestriLted funds TOTAL FUNDS 5,640) 10 15,640) 17,406 33.625 The Ll)arilable conipaiiv is eniilled 10 exemption from aiidii under Section 477 of Ihe Companies Act 2006 for the year ended 31 March 20?4. TIIL InLmbL'r4 hdVL not rLquirL.d thL Lompany tu obttjin dn audit of ils finMnL'ial .%tdtLlmLnl% fur thL yLar L'iidLd 31 MdrLh 2024 in accordance with Section 476 of the Companies Act 2006. The Iru51ees acknowledge their respon5ibililies for Ln4urir]g that IhL LharitublL Lomp25) 13 025) 44 758) 104 119) {6,9801 {2) (4) (44) ?.057 (91 {7,350) (5611) {1,50Q) (623) 7,570 5.000 1.1,025 17 1061 TOTAL FUNDS 106 496 Restriited funds Properly.. This represents 11)e net book value of the property. The fund balance reduces by rh¢ annual depreciation charge. Oihcr rcslricrLd funds.. Fuiids r¢Leived from the National Lottery and oiher trusty enable the Lompany io meet Lts objectives of supporting the young people of Alnwick. RELATED PARTY DISCLOSURES There were no I'elated purty transaLlions for the year ended 31 MarLh 2024. P¥AEe 15 continued..- ALNWICK YOUNG PEOPLE'S ASSOCIATTON LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR EINDED 31 MARCH 2024 12. ANALYSIS OF NET ASSETS BETWEEN FUNDS Fixed assels Current assets Current Total 2024 To￿1 2023 Unrestricted funds (yeneral tund Totwl unrestricted funds 263 2()3 122 122 6.025)￿5 640) 17.406 17.406 Restrieted funds Properly Holising Projeel Chaiigie Makers YOF Big Lotteiy Fund - Capital Coniimiinity Alloliment Comrnunity ChknS1 Capital Grant Bike Track St Hilda's Trnsi Total restrleted funds 18,127 18,127 23,792 20 209 20 209 24 248 1326 2,736 2,736 3.219 33.625 TotAI t'unds 122 ￿6025) 15 463 13. GOING CONCERN At I l March 2024, the c.harity had an iinrestricled general flind deficit of Lf ,64n. Siiice. the ye.ar end. fiirther fiiiiding has been received iind this delicil h(18 been eliminated. Iiicuine (Ind expendilure 4ire nioiiitored on a regulaT bd%i4 and (ILlion l(Iken where nec¢ssary. Tlie Iruslees will continue lo monitor Ihe positioii lo safeguard the future of Ilie Charity and believe tlial the gL)ing conLern basib is applicable io these aLLounis. 14. LIMITED BY GUARANTEE Alnwick Young People's Association Liiniled is a private coinpany liiniled by guarantee incorporated in England and Wales. The registered office is Rear of 39 Bondgate Within, Alnwick, Northumberland NE66 1 SX. The coinpany has no share capital and in the event of being wound up, the liability in respe¢l of Ilie guarantee is liimiied lo no InurL than ,L I PLr minibir. Page 16 This document was delivered using electronic communications and authenticated in accordance with thc registrar's rulcs relating to elcctronic form, authentication and manner of delivery under section 1072 of the Companies Act 2006.