Registerèd number: 06591785 Charity number: 1125893 ONSIDE YOUTH ZONES (A company limited by guaranteo TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 A09 AEIJN3MG• 3111212025 COMPANIES HOUSE #24 ONSIDE YOUTH ZONES. IA company Ilmited by guarantee) CONTENTS Page Reference and administrative details of the Charity. its Trustees and advisers Trusteeg. r•port Ind•pendent audltorfs roport on th• financlal statem•nts Statemont of flnanclal acllviti•s 3-13 14-17 18 Balance sheet 19 Statement of cash flows 20 Notes to the financial Statements 21-43 ONSIDE YOUTH ZONES {A compai)y limite'd by guarantge) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025 Trustee• A Hoult, Chair J Allen A M Headley (resigned 19 August 2024) C W Holroyd CBE OL M Jackson C Mindenhall (resigned 21 Octobef 2025) AMBuwe M Evans H AllenwRobson (resigned 7 July 20251 S Jackson iappolnled 1 October 2024) D C McNicholl (appointed 25 July 2025) C Whittingham lappointed 24 April 2025> Company roglstsred number 06591785 Charlty regl8ter¢d number 1125893 Roglstored offi¢• Suite GE Atria Spa Road Bolton BL14AG Chlef •xo¢Utlvo oificor J Ma$raff Indepondont auditor Crowe U.K. LLP 3rd floor Sl Georges House, 56 Peter St, Manchester M2 3NQ Bank•r8 Handelsbanken plc 6 The Courtyard Calvin St Bolton BL18PB Sollcltors Hill Oi¢kinson LLP No.1 St Paul's Square Liverpool L3 9SJ Page 1 ONSIDe YOUTH ZONES IA company limlted by guarnnto01 REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Bates Wells 10 Queen Street Pl. London EC4R IBE Teacher Slern LLP 37-41 Bedford Row London WC1R 4JH Page 2 ONSIDE YOUTh ZONES IA company limited by guarantQo) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 Alms and ac Itles It's about opportunlty. At Onside we believe potential is everywhero. But while some young people get every opportunity to explore theirs, others don't. We are a national charity determined to make sure that all young people have the opportunily to shinè. The chance to discover th8ir passion and their purpose. We fundraise lor, build, launch and support a netr￿Ork of stat&of-thfrart, multimillioTrpound Youth Zones in the UK'S most disadvantaged areas. These are incfedible spaeks filled with energy, inspiration and highly skilled youth workers who Iruly believe in young people. Thls Is passionate, properly-funded youth provision. A unique partnership betsveen young people and their Community, local authorities and private business leadership, and a growing movement of supporters. Together, we believe that all young people need is a chance lo discover what thelve got and where it could take them. It's about opportunity. PRINCIPAL ACTIVITIES.. Onside's Mission is to empower young people to lead posits've, fulfilling lives by providing access to incredible Spaces arKI excellent youth work. delivered by outstanding people. where they are needed the most. Over the last 16 years, since Onside was first established, we have sought to deliver our Mission by growing and supporting our Ne￿Ork of 15 Youth Zones. undefpinned by strong local, public and private sector partnerships, which in 202415 Collectively invested £30m in young people. The Onside Network has become a national movamenl. supporting over 50,000 young people to flounsh In lif8 in the last year alone. We are proud of our record, but our job has only just begun, with only 90/0 of young people accessing youth centres, mainly as there are too few of Ihem across the UK. This is why we must conlinue to harness further investment in young people, and why, Ihanks to our supportets, we invested a further £28.6m in seven brand new Youlh Zones in 2025126 alone. And by 2035, our goal is lo have developed a flourishing Network of 35 Youth Zones, supporting ovar I SO,000 young people per year. while encouraging the wider rebuilding ol the youth sector. OUR FOCUS: Establish Youth Zone charilies in further towns and crties. with all the foundations they Deed to flourish in the long term. Lead on every aspect of the design, build and operational delivery of the new Youth Zone facilities. Ensure Youth Zone charities are embedded within local communities, so they fit with the loGal strategy for youth provision and are founded on strong, local partnerships. Support the local Youth Zone boards in governance, strategy and dellvery. Strengthen and protect the Onside brand. - Working wilh the wider youth sector to raise the profile of and investment in youth work and youth provision. Provide coordination and support for the Onside Network, a federation of independent Youth Zone chaiities. WE STRENGTHEN THE NETWORK THROUGH". Supporting the use of our unNue Excèllence Framework as a consistènt tool lo continually *nprove delivery. Expanding our family of Onside Nelwork National Partner$ to drive income Yito Onside and the Youth Zone Ne￿ork and achieving a goal of £1,500,000 into the Youth Zone Nehvork Supporting the Youth Zones in the reGwitmenl of key staff - induding stepping into critical vacancies Page 3 ONSIDE YOUTH ZONES IA company Ilmited by guarantse) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 whilst employment is secured. The continuation of the Nefviork-wide Talent Academy programme; delivering training and development opportunities for staff throughout the Youth Zone Nelwork including Chief Executives. Fundraising Managers, Business Admin Managers, Heads of Youth Work and Youth Workers, substantially strengthening Ihe collective capability of the Nelwork Developing the high-level ski118 of Youth Zone Tfuslee boards to ensure excellent slandards of 90vernance. Supporting the crealion of local communication and fvndraising strategies and tools to enable the Youth Zones to raise their public profile and income. Supporting the application of the impact measurement tool used across the Youth Zone Network to enable the Youth Zones lo generate compelling evidence-based impact of their work. Developing youth participation opportunilies Ihioughoul Onside and the Onside Nelwork lo ensure young people are al the heart of eVe￿hIng we do. Supporting and continually enhancing our Notwork-wide business critical systems for membership data, finance and HR I lime recording Facilitating ihe sharing of besl practice across the Network in a wide range of operational and functlonal areas ofthe Youth Zones. OUR VOLUNTEERS.. Throughout Ihè period all rnembers of the board ol Tfuslees madè valuable voluntary contributions lo the Charilys work In terms of governance. professional and business Èxperience. financial planning. lundraising and leading inilialives in individual largel towns and cities across the region. Such contributions were, on average, equivalent to three full days each Calendar month but on occasion are much mor•, Achiov•m•nts and perfomianc• In 2024125. the Onside leam, wilh the strategic oversight and support of Ihe Onside Board, ￿ntInued to make significant progress in delivering our Aims and Activities. The Charity's main achievements during this year were: N•w Youth Zone proloct• 1. Started construction on new Youth Zones in Crewe and South Bristol. 2. Continued wllh the conslruclion of Youth Zones in Barnsley, Grimsby. Preston and Salford, wilh work completed on Salford Youth Zone in March 2025. 3. Completed the capital funding campaign5 for a further new Youth Zone project in Thurrock. 4. Continuing focus given lo delivering the projects and objectives supported by the Youth Investment Fund, where we are responsible for delivering this Government funding across five locations In the UK in package worth up to £41M to the Youth Sector. 5. All these projects will see us reach tens of thousands more young people across Ihe UK in the next two years. Open Network 6. Secured restricted revenue funding worth £6.7M for the growing Youlh Zone Nelwork. 7. Provided the Nefvdork of 15 live Youth Zones with funding, support and guidance. Youlh Zones span the country and are located in.. Barking & Dagenham. Barnel, Blackbum, 8olton. Carlisle, Chorfey. Croydon, Hammersmith & Fulham, Manchester {North}. Manchester (East). Oldham. Wigan. Warringlon. WirTal and Wolverhampton. 8. Supporting the delivery of services to over 50.000 young people who engaged a total of 575,000 limes through the period. illustrating the continuing demand for the Youth Zones, provision. 9. Continuation of the work of our bespoke Talent Academy- providing specialist training and development opportunities to key roles across the Onside Nelmork. covering.. Board Governance. Safeguarding, Aspirin9 Leaders, Fundraisers and Youth Workers via both training modules and formal qualifications. This includes rolling out a five-year youth worker development commitment, working with Sector partners Page 4 ONSIDE YOUTH ZONES IA Gompany limitsd by gu•rants•) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 in response lo the $8Ctor wide challenge of staff recruitment and retentlon. 10. A number of mults'.partner projects co-ordinaled by Onside were delivered in the period., wrth the aim of these projects lo support strateglc youth work programmes and hi9￿qUality youth provision across the Ne￿ork. This funding enables the Netsvork lo offer a variety of projects in direct response to the needs of young people, amongst these wide-rangin9 projects we., 1. delivered the second year of a Nehvork-wide project working with young people on either Enterprise or Creative Arts thanks to the support of the Burberry Foundalion, under the overarching Burbérry framework of Create. Connect and Catalyse recognised Ihe risin9 number of complex safeguarding cases and witnessed the impact of these on youth workers, mental health. Thanks to the Prudence Trust we have invested in a Pfogramme of counselling and other support for the youth workers. maximising their wèllbeing and ensuring staff retention in challenging circumstances is maintained. 3. delivered a one-year project 'Slronger Sisters, supporting young women ages 13-19 from ethnic minority backgrounds to explore their own and peer voices, entrepreneurship and creating positive social change, supported by Islamic Relief. 4. delivered a large s￿le. Network-wide 'winter hungef programme for a second year. supporting young people experiencing the impact on the ongoing cost-of-living crisis through Winter 2024125 thanks to funding from Intermediate Capital Group. Ajaz Ahmed MBE and Ajaz.org. and Mistral Bus. continued to play an active role in the Back Youlh Alliance. a collaboration of senior leaders and youth represènlalives from some of the UK'S leadin9 youth charilies. working logelher to present a Goherent voice to decision-makers with and for young people. Our CEO Jamie Masraff was elected the Chair of the Back Youth Alliance in January 2025. Our Organisation 1. Cultivated and maintained close relationships with representalives from bolh Ihe local prlvate and publlc sectors lo fund. support and promote Ihg Youth Zones, 2. Commenced the delivery of Onside's 202￿27 Strategic Plan, induding developing an allemalive small Youth Zone model to open up further areas of the country, and supporting enhancements to Youth Zones, offer, for example in Al skills and Maker Zones. 3. Established Onside's Youth Advisory Board (YAD). consisling of young people from acr055 the Onside Ne￿Ork, to hold the or9anizalion lo account and act as advocates for the essential nature of youth work. 4. Undertook vital research to demonstrate the value of our work, and youth work more broadly. This included a social return on investment study which demonstrated that for every £1 invested in a Youth Zone there's over £13 social retum on investment. Almost £300m of social value was generated across the Onside Ne￿Ork in 2023-24. S. Continued to deliver our Equity, Oiversity & Inclusion Slralegy, supported by Onside's E, D & l Focus Group, with improvements mado lo our recruitment practices and further staff Iraining deliveied over this period. Financial review Summary financial review 2024125 was a significant year for the Charity., securing funding for 6 new Youth Zones which will See growth of the Network at an unprecedented rate. This momentum was reflected in the finanGial performance ol the Charity with income continuing to incrèase yaar-on-year al £20,829,433 (+109.66°A} and a stable level of unrestri¢led reseNes of £2,446.798 (-1.830/p) at the year end. A summary oflhe income and expenditure for the yearended 31 March 2025 is as follows- Page 5 ONSIDE YOUTH ZONES (A company limited by guaranto0) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Unreslricted Funds 2025 Reslrided Funds 2025 Total Funds 2025 Total Funds. 2024 Total incoming resources 3,842,1 16.993,311 20,835,433 9,934,955 Total resources expended Transfer of Manchester Youth Zone asset Transfers inl(outi Net movement in funds for the year Fund balances at 31 March 2025 {3.994,410) (15,821,542) (19,815,049) (9.499,4981 (3,519.6981 111.809 <111,809) (45,576) 1,059,960 1,014,3 (3,084,241) 2,446,79 2,104,605 4,551,403 3.537,019 After an extended period of slable growth, the unrestrided fvnds have seen a slight decrease this year as we move into an era of new growlh funded by an exceptional level of capilal investmenl. The Chariiy continues to fulfil its reser¥es policy (outlined below). The board hav8 considered the prlncipal risks faclng the Charity which indude: shortage of revenue funding lo meel development aspirations, failing to fvlfil scaling ambitions, substandard perforrnan￿ (or insolvenw) of a main contractor, increasin9 Costs of construction, failure to raise sufficient revenue funds to launch a new Youth Zone project. An extensive risk register is Èstablished with specific mitigating actions,. this register is reviewed by the Strategy Team quarterly and elevated to the board annually and more frequently when consideration of new or changeable risk$ is required. Tha board also considol the relative impact of the mitlgating actions and look to slrenglhen these where required. P￿nCIpal fundlng sources & fundralslng Statement Prin¢lpal fundlng Sources The Trustees wish to record Iheir thanks lo all those Trusts. individuals and companies who have made unrestricted donats'ons to support the work of the Charity. Over the last year this included The Onside Foundation and its supporters, AKO Foundation, Bruntwood, Burberry plc., Charles and Lara Mindenhall. Fidelity Foundation, Peter Cundhill Foundation, Postcode Children Trust, Seroussi Foundation, UBS Optimus Foundation. and The Whinfell Chanlable Fund. addrtionally Ihose donors who wish lo remain anonymous. We are also grateful lo a wlde range of friends who supported us through more general fundraising activities. Project spe¢ifi¢ grant funding for essential grassroots activty delivered across the Youth Zone Nelwork was welcomed from the Burberry Foundation, The Barralt Redrow Foundation, Islami¢ Relief UK Foundalion, NCS Trust, and the Prudence Trust and those donor5 who wish to remain anonyrnous. Trustees would also like lo extend their thanks to all those who have supported the creation of new Youth Zones through gifts either direct to the Youth Zones or lo The Onside Foundation, indudin9 the Gatfield Weston Foundalion and Ihe St James's Place Charitable Foundation. These donations help extend the reach of the Onside Ne￿ork and ensure that many thousands more young people will be supported locally. Together, all funders en$u￿d that front line support for young people could continue and indeed to be stren9lhened, throughout another incredibly challenglng year for young people across the Country. Page 6 ONSIDE YOUTH ZONES IA Gompany limlted by guaranteé) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Fundraising statemont Onside generates ¢apital donations for new YoLrth Zone projects: revenue pledges for new Youth Zones which fund their first three to four years of operation; support for Nelwork-wide delivery proje¢ls in operating Youth Zones.. and income for Onside's ¢ore activities. Capital projects, Nelwork-wide projects, and Onside core operation is prlmarily made possiblè thanks lo major donations from private philanthropic individuals, corporates and corporate foundations, and national charitable trusts and foundations. Revenue donations for new Youth Zone projects are typically received from philanthropic individuals and corporates local to each project., fundraisers are seeking Founder Patrons.. whereby local donors commit gifts of £25,000 or moT8 per yoar foi three or four years and are usually speufically directed to a named future Youth Zone. Charitable trust and grant income and corporate incorne is applied for, usually via bld submission, by members of the Granls Partnership Team. Private individual support is sought through the actions of the Philanthropy team; fundraisers work alongside individuals who express an interest in our work. Occasionally. when an opportunity arises, we will host a large-scale private event that generates Income. The public are not asked lo participat8 in our fundraising, on rare occasions they makè unsolicited gifts having heard about our work. Our campaigns are successful. In the financial year the capital and revenue campaigns delivered income in line with the needs of the projects. The Charity is registered with the Fundraising Re9ulalor and works in a compliant way with the Code of Practice and does not employ third party or commercial participators to undertake our lundraising. The Charity does nol operate mass fundraising campaigns, cold callin9 or street-based collections. We have received zero complaints about our fundraising work. Inv••tmont pow•r8 and pollcy Under the Memorandum and Artlcles of Associalion. the charitable company has the power to make any investment which the Trustees see fit. Investments are made where required lo further Ihe aims and objecls of the Charty. The Charty does nol currently hold any investmenls olher than cash on deposrt with Handelsbanken plc. Reserves pollcy The board of Trustees of Onside Youth Zones has established a resepies policy whlch approprialèly retlects the risks lo which the Charity is exposed. In compliance with such policy, it will review regularfy both the sum it wishes to hold in unreslricled reserves and the basis for that figure. The ieser4es policy considers ongoing fixed eosls, excludes variable costs and does not ￿nsider expenditure which 1$ linked to restricted projects and therefore covered by restricled funds. To achieve clear separation betrween Onside and new Youlh Zone projects. as a projecl goes 'live' Orbside operates a model that results in funds received and expenditure incurred for Ihe development and consliuction of new Youth Zones being held and defrayed by a separat8 charity specific to each Youth Zone project. Due to the continuing uncertainty of the economic climate, rising costs and an increase in demand for our services, the Trustees have agreed that the Charity will continue lo amend the current reserves policy lof 3 months) and carry a higher level of unrestricted reserves throughout the next financial period. Unfeslricted reserves at 31 March 2025 amounted to £2,446,798 equivalenl to approximately 8 rnonlhs cover. The Twstees have considered a period over the next 24 months based on the number of projects expected to be delivered during that period. During that extended period. they expect the level of reseNes to fall baGk to a level cjoser to -the minimum level of reserves determined by the current policy. The Truslees agree that the purpose of the unrestricted reserves is to support all day-ttrday adivities necessary Page 7 ONSIDE YOUTH ZONES IA company limltod by guarnntso) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 at Onside to support the existing Youth Zones along with the development of Prospects.. due consideration has been given to these activities in the annual review of the resenies policy. Consequently, the reserrfes policy considers ongoing fixed costs, excludes variable costs and other one-off additionalldiscrelionary items.. >6 months of oparaling costs are determined as be￿een £1.200,000-£2,400.000. Therefore. we are fL￿filling our ReseNes Policy. The Trustees will continue lo review the amount to be held in reserves during 2025126 and respond approprialety to the changing external environment. Charlty reserves are reported monthly lo the board through Ihe Management ALxounts pack, and Trustees ¢onlinue to monitor income, expenditure and the level of unrestricled reserves. The board of Truslees m81 five times over the last financial period. Going ¢oncem The Financial Stalement5 are prepared on a going concern bashs. The Trustees have revlewed tha abilty of th8 Charity lo continue lo opera18 as a going concem, considerin9 the residual impact of the pandemic, global èvenls and other external environmental pressures in this review. After careful analysis of Ihe Charily's income. expenditure and unrestricted reseNes, Ihe Trustees are Confident in the Chanlys ability to continue as a going concem. Through the Strategy Team, the Trustees continue to maintain light control of the fixed cost base and a clear line of sight of the financial health of the Charily. The Trustees Assèssment is that there are no material uncertainties in relation to the Charity's ability lo continue as a going concern for a timescale of al least 12 months from the date of signing of the Trustees, Report and Financial Statements. The Charity's 2025126 budget has been establishgd in consideration of both the inlemal and exlemal environments and Ihis provides supporting evidence lo the going concern assessment. Plang for futur• pgrladg The aim5 and objectives of the Charity remain the same,. to fund, build, launch and support a netrNork of slate.of- the-art, multimilliorFpound Youth Zones in the UK'S most disadvantaged areas. Given the continued need for Youth Zones. we remain committed to extending our Network to future areas, with 7 new Youth Zones opening over the next two years, and to provide further. essential support to our Ne￿Ork of open Youth Zones. This is only possible thanks to our extraordinary supporters who have risen to the fundraising challenge in 2024125 allowlng both Onside and the Network to continue to offer a full package of support to young people. Beyond this ¢urrent phase of 7 new openings. we are seeking to establish further Youth Zones in new parts of the country. With each new sile identified. our focus moves to raising the capital for each project. and then onto Taising funds to sustain each Youth Zones, vital, year-mund offer for young people. Donors to Onside allow us ID invest In this growth whilst also ensuring that we provide support for the operating Nefviork, helpin9 Youlh Zones to flourish as local charilies. We are on Iwack to delivery our Strategic Plan for 2024-27 whlch focuses on achieving six stralegic goals: 1. Refine our Youth Zone model and offer by: Adapting our 'standard' model for new Youth Zone510 reflect what's working well in the open Youth Zones. Developing an alternalive smaller Youth Zone model to reach morg young people in more area5 of the country- retaining the current Youth Zone model for larger towns and cities. 2. Grow the Onside Ne￿ork by.. Successfully opening eight new Youth Zones by 2026, increasing the reach of the Onside Nehvofk from 55,000 young people per year to 100.000. Page 8 ONSIDE YOUTH ZONES IA company limitod by guaranteel TRUSTEES, REPORT ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Going Ilve wlth new Youth Zones every year. proactively targeting nèw parts of the UK, includin9 in the devolved nations. 3. Strengthen the Onside Nelwork by building on and strengthening the honest, respectlul and mutually beneficial relationships that have been built belween Onside and Youth Zones, as independenl charities within Ihe same family. We will continue lo develop and provide Iransparenl, capability-building SUPPOrt to Youth Zones, while focusing increased efforts on.. Developing talenl across the Nelwork, parti¢ulafly in youth work, fundraising, managemenvleadership development, and volunteering. Income generation for Youth Zones, boosting and supporting the Youth Zones, fvndraising functions by raising more funds for Youth Zones.. Supporting effective governance, by establishing and amplrfying best practice across the Netrwork. Exploring new Nelwork and Youth Zone organisational structures, including single charities to operale multiple Youth Zones, shared CEOS, and shared fundraising teams. Investing in youth participation, by amplifyln9 the voice of young peopl8 and providing opportunlties for th8m to be heard and actively involved in our decisioTrmaking processes, working with partners like the National Youth Agency (NYA). Rebuild young people's engagement in Youth Zones. following the pandemic and the increasing physical isolation this has Caused. We will work with the Network and support all Youth Zones lo meet their own ambitions for young people's engagement, induding support for boosting underrepresented groups of young people like female mefflbers attending senior sessions. Conlinue other Ne•Mtork support, including systems. communications, safeguarding, Netrwork forum groups, facilities. and more through an empowering, capability-building approach. underpinned by regular sharing of Nelwork data, further encouraging transparency and visibility. This will be aided by the development of a new Ne￿ork inlranel, enabling better sharing of leamings and best pracllce. 4. Maintain Onside's financial su51ainability by continuing lo grow our family of Onside supporters, by in5pinng existing supporters to extend and deepen their relationship and continue lo grow Ihe number of Major supporters. We will also maintain our growth into corporate fundraising, through multiyear strategic partnerships that support bolh Onside and our Network fundraising goals, and a Small number of suitable charity partnerships of the year. S. Strengthening Onside's profile and reputallon by.. Investing in our in-house public affairs resource. We will boost our relationships with key policy makers working as a commitled partner of the Back Youth Alliance18YA) to deliver a collective campaign to further engage key decision-makers. Further developing and profiling our monitoring & evaluation expertise. through embeddlng data-led decision-making and use of data insights across the Network and joining seclor-wide data inilialives to create a stronger case for greater investment into the sector. We will contribute to Ihe youth work evidence base, through new research on Youth Zones, impact on formal education oulcomes and the social value crealed by Youth Zones. We will also continue to prioritise demonstrating ihe impact Created by universal, open access youth work across the Network. Further strengthening our external profil8. continuing the positive progress made over the last three years to strengthen our brand. increase our media coverage, and be seen as a credible expert Vol￿ for youth work and the youth sector. 6. Become an employer of choice by.. Embedding our Netréork Values and developing a strong Employee Value Proposition {EVP), ensuring Onside is seen as an attractive employer, offering competitive employee beneffts and a supportive internal development culture. Refreshing and revising Onside's Equity, Dlversily and Inclusion Slralegy with a key focus on the Race at Page 9 ONSIDE YOUTH ZONES {A company limltod by guarantsg) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDEO 31 MARCH 2025 Work Charter. Investing in Onside's systems infrastrudure and data management. including an HR Information System. new Learnin9 Management System (LMS) and Ap￿iCant Tracking System (ATS). R•$trlGted lunds and dollvory ¢ontract• Throughout 2024125 we weTe able to continue the delivery of over 20 restricted projects: which have grown in strength and depth over the last Strategy period. Publlc benèfit & volunt••r8' contrlbutlon I the activities of the Charity (as summarised above) were undertaken lo further its charitable purposes for public benefit. The provision of high-qualrty town and city Gentre facilities for youn9 people responds lo clear, ongoing demand from young people, parents and wider communities for more and belter places for young people to go. We ralse funds lor and build state-of-the-art, mulllmilllon-pound Youth Zones in the country's most economically disadvantaged araas. We train the amazing people that run them. We offer continuing 5UPPOrt and the nalionwide Onside Netbvork where they can18am and grow. share their stories and celebrat8 their success togèlher. When a Youth Zone is established within a city, it becomes a focal point for the community to help support young people through a variety of means, often as volunteers within thè Youth Zon8. Although providing a service lo all young people, each of the facilities lo be buill or developed by Onside will focus on attendance and participation by young members of surrounding communities who will be able to enjoy affordable access to all the opportunities that the Youth Zone provides. Eslablishlng a Youth Zone leads to Improved achievements and enhanced aspirations amongst young members of the local communities. They will be happier, healthier and make more constructive use of their leisure lime which will help reduce nuisance and anti-social behaviour. Longer term public benefits wlll indude Improved health, reduced crime, enhanced learning and employability and greater community coheslon. Because when we really invesl in young people, we all benefil - from who they are now to eVe￿hIng they might become and achieve. The Tru51ees have complied with the duty in section 17 of the Charities Act 2011 to have due i?gard to thè public benefit guidance published by the Charity Commission. Structuro. Governance and Management Govemln9 Documont Onside Youth Zones is a company limited by guarantee without share capital and regi$larod under the Companies Act 1985, registration number 06591785. The company is governed by its Memorandum and Articles of Association dated 9 May 2008, as amended by special resolution dated 8 September 2008. Management of the company's affairs is vested in the CO•directors. The Charity's objects and the company name were amended by a further special resolution on the 18 July 2013. The change of name was lodged with Companies House on the 4 September 2013. In the 8vent of a winding-up. the present members and thosé who have ceased to be a member within one Page 10 ONSIDE YOUTH ZONES IA Company limited by guarant•8) TRUSTEES, REPORT (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 year of such an event have guarant8ed the liabilrties of the company to the sum not exceeding onè pound each, Recruitment and appoinlrnent of Trnstees New Trustees will be recruited according to the needs of the Charity and the suitability of possible candidates. Once the board are made aware ol potential candidales, a thorough vetting process 1$ undertaken lo ensure the suitablllty ol candidates before appointment. The vetting procedure is in line with Ihe Charity Commission guidelines and inGlude5 searches of the insolvency and bankruptcy registers, Companie5 House register of disqualtfied tru51ee5. the completion of the Charity Commission Aulomatic Disqualification Declaralion. an enhanced Disclosure and Barring Services check and a conflid of int8rest disclosurè. Following the satisfactory completlon of all checks, a unanirnous approval of existing Trustees is required to confirm polential candidates, appointment. The Memorandum and Articles of Association states that the number of members shall have no maximuffl and shall not be less than three. Full details of the rule5 are contained in the Company's Memorandum and Articles of Association, daled on incorporation on 15 July 2025, whlch may be Inspected at Onside Youth Zones, premises, Tru5toe inductlon and tralnlng Th& induction of new Trustees may commence ahead ol formal appoinlmènl (which is subject to the salisfaclory completion of the vetting process mentioned above). Potential candidates are provided with various Charity Commission guidan￿ documents (induding Safeguarding, and 'the Essential Trustee, guidance), lo¢al Youth Zone safeguarding. a copy of the most recenl sel of Financial Statements and board packs, Social Media Policies (where applicab18) and a copy of Ihe Memorandum & Articles of Association. Trustees also receive a copy ol Onside's Strategy and the Youth Zone Trustee Handbook. Meetings are arranged with existing Trustees and visits lo Youth Zones take place. Following appointment, new Trustee5 are provided with a comprehensive indudion to Onside Youth Zones through the provision of in-house training. The induction process has been adapted lo include both remote and in person sessions and new Trustees have participated in comprehensive handover meetings, where appropriate. Organisational slructure Onside is governed by ils Trustee board, which is responsible for slialegic direction. driving the vision of the organisalion. governance and policy setting. The Trustees carry the ultimate responsibility for the conduct of Onside and for ensuring that the Charity satlsfies rts legal and conlractudl obligations. Trustees meet five times per year as standard (though they met more frequently throughout the pandemic) and have been supported by the Senior Managefflent Team who, under the guidan￿ of the board. deliver the operational management of the Charity. The Trustee board is also supported by a Finance Committee and a Nominations & Remuneration Committee. with nominated Trustees sitting on each Committee alongside a senior member of the team. The Strategy (Senior Management) team consist5 of the Chief Executive,. the Deputy Chief Executive. Diredors of Finance. Human Resource5, Fundraising, Communications & Brand. and the Head of Ne￿Ork Support. This team meet5 four times a year with a specrfic focus on strategic lopics, supplemented by weekly meetings on more general operations to ensure effective decision making at pace. Page 11 ONSIDE YOUTH ZONES {A Company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 The Trust8e board is independent from management. Related partles Transactions with relaled parties are discjosed in Note 25 to the financial statements and in accordance with section 9 of Ihe Charities SORP (FRS 102) (Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicabl8 in Ihe UK and Republic of Ireland (FRS 102) (effective 1 January 2015)). No Trustee received remuneration or other benefit from their work with the Charity. Any connection be￿een Trustee or senior manager of the Charity with a connected paty (including donors, suppliers and staff) must be disclosed to the full board of Trustees in the same way as any other contractual relationship with a related party. Pay pollcy The Trustees consider the board of Directors, who are the charitls Trustees, and senior employees {Chief Executive, Deputy Chief Executive and Director of Finance) Gomprise the Key Management Personnel of the Charlty. This group is in charge of directing, controlling, running and operating the Charlty on a day-to-day basis. All Directors (Trusle8sI give of their time freely and no Director received remuneration in the year. The remuneration of the full staff team is reviewed annually by the Remunerations Committee and, if financial resources allow, generally increased in accordance with average eamings. Risk managoment The Trustees operate a considered and thorough approach lo identlfylng and managlng the major risks to which the Charity is exposed. The risk register, which has been under regular review thi5 year. is presented and reviewed annually (as a minimum) by the Trustee board.. the Strategy Team review the register quarterty and where a significant change in risk level or type has been identified, will escalate this to the Trustee board more frequently. Tru•te•s' re8pon8lbllltle• In relatlon to th• flnanclal statements The Charitys Trustees are responsible for preparin9 the Annual Report and financial statements in accordance with applicable law and Uniled Kingdom Generally Accepted Accounting Practice. Company law requlres the Charlvs Tnjstees lo prepare financial slatemenls for each financial year that 9ive true and fair view ol the slate of the Charivs incoming resourGes and application of resourGe5 during the period and of its stale of affairs at the end ol the year. In preparlng those Financial Statements. the Trustees are required to: select suitable accounting policies and apply them consistently- make judgements and estimates that are reasonable and prudent- state whether applicable accounting standards and stalemenls of recommended praclice have been followed. subject lo any departures disclosed and explained in the financial statements. and.. prepare the Financial Statements on the going concern basis unless it is inappropriate to assume that the Charty will CODlinue in operation. Page 12 ONSIDE YOUTH ZONES IA company limltod by guarant••) TRUSTEES. REPORT ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The Trustees are r8sponslble for keeping proper accountlng records that disclosè with reasonable accuracy at any time the financial position of the charitable company and enables them to ensure that the Financial Statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the ¢haritable Company and hence for taking reasonable steps foi the prevention and detection of fraud and other irregularitles. The Trustees confirm that so far as they are aware, there is no relevant audit information of which the Charity's auditor5 are unaware. The Trustees have taken all the steps that they ought to have taken as Trustees in order to make Ihemselves aware of any relevant audit information and to establish that the C.harity's auditors are aware of that infomation. SL•tomont a• to dlg¢losur• to our audltorg The Trustees confirm that the financial staternenls comply with current statutory requirements, the requirements of the companl$ Memorandum and Artides of Association and the requiiements of the Charities SORP. Approved by order of the members of the board of Trustees and signed on thelr behalf by: Anabel Hoult A Hoult Chair of Trustees Date.. Nov 27, 2025 Page 13 ONSIDE YOUTH ZONES (A company Ilmited by guarantee) INDEPENDENT AUDITOR'S REPORT TOTHE MEMBERS OF ONSIDE YOUTH ZONES Oplnlon We have audrted the financial ststements ol Onside Youth Zones (the 'charty'l for the year ended 31 March 2025 which comprise the Statement of financial activities. the 8alance sheet. the Statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applièd in their prèparation 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, {Unitèd Kingdom Generally Accepted Accounting Practice). In our opinion thé financial stat8m8nts'. give a true and fair view of the state of the charrtable Company's affairs as at 31 March 2025 and of its incoming resour¢es and application ol resources, including its in¢ome and expenditure for the year then ended., have been properly prepared in accordance with United Klngdom Genérally Accepted Accounting Practl¢8', and have been prepared in accordance wrth the requirements of the Companies Act 2006. Basis for opinion We conducted our audrt in accordance with International Standards on Auditing IUKI {ISAs {UKII and applicable law. Our responsibilrties under Ihose standards are further described in the Audrtor's responsibilrties lor the audrt ol the financial statements section of our report. We are indepèndent of the charitable company in accordancè wrth the ethical requirements that are Televant to our aud rt of th8 financial statements in th8 United Kingdom. including the Financial Reporting Council's Ethical Slandard, 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 togoing concern In audrting the financial stalemenls. we have concluded that the Trustees, use of the golng concern basls ol accounting in the preparation of the linancial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or condrtions that, individually or colleclively. may cast significant doubt on the charitable company's abilty to continue as a going concern for a period of at least ￿e1Ve ff￿nthS from when the financial statements aro authon$ed for issue. Our rèsponsibilrties and Ihe responsibilrties ol the Trustees With respéct to going concern are described In the relevant sections of this report. other information The other information conyrises the information included in the Annual report other than the financial statements and our Audrto¢s report thereon. The Trustees are responsible for the other information contained within thè Annual report. Our opinion on the financial ststements does not cover the other information and, except to the extent otherwise explicrtly stated in our report, wè do not express any form of assurance conclusion thereon. Our responsibilty is to read the other information and. in doing so. consider whether the other information is materially inconsistent with the financial ststement5 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 misststements, we are required to determine whether this gNes rise to a material misstatement in the financial slatements 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. Page 14 ONSIDE YOUTH ZONES (A company limited by guarantee) INDEPENDENT AUDITOR'S REPORT TOTHE MEMBERS OF ONSIDE YOUTH ZONES (CONTINUED) We have nothing to report in this ￿gard. Oplnion on other matters pre•crlbed by the Companles Act 2006 In our opinion. based on the work undertaken in the course ofthe audtr. the inlormation given in the Tru5tees' Report including the Strategic Report for the financial yèar for which the financial statements are prepared is consistent with the financial statements. the Trustees, Report and the Strategic Report have been prepared in accordance wrth applicable18gal requirements, Matters on which we are required to report by exceptk•n In the light of our knowled9e and understanding of the charitable company and rts environment obtained in the course of the audit, we have not identified material misstatements in thé Trustees, Report in¢luding the Strategic Report. We have nothing to report in respect of the following matters In relation to which Companies Act 2006 réqulres us to report to you Sf, In our opinion.. adequate accounting records have nol been kept, or returns adequate lor our audrt have not been receNed from branches not visited by us., or the financial statements are not in agreement wrth the accounb'ng 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. Re8pon•lbllltles of tru•tees As explained More lully in the Trust88s' responsibilities Statement, the Trustee5 (who are also the directors of the charrtable company for the purposes of company lawl are responsible for the preparation of the financial statements and for being sats'sfied that they give a true and fair view. and for such internal control as Ihe 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 financlal statements, the Trust8es are fesponslblé lor assessing the charltable company's abilty to continue as a going concern. disclosing, as applicable. matters relat8d to going concern and using the going concern basis ol accounting unles5 the Truslees erther intsnd to liquidate the charitable company or to cease operations. or have no realistic altemative but to do so Audltofs responsibilitles forthe audit olthe financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from matenal misstatement. whelher due to fraud or error. and to issue an Auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in accordancè with ISAS (UK) will akniays delect a material misstatement when it 8xisls. Misstatemènts can arise from fraud or error and are considered material if. individually or in the aggregate, they could reasonably be expected to influence the econorrmc decisions of users tak8n on the basis of these financial ststements. Irre9ularrf Crowe U.K. LLP Statutory Audrtor 3rd floor Sl Georges Housè, 56 Peter St, Manchester M2 3NQ Date. 247% gozs. Page 17 ONSIDE YOUTH ZONES IA company Ilmlted by guarantee STATEMENT OF FINANCIAL ACTIVITIES {INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlctrd funds 2025 Restrlcted funds 2025 Total funds 2025 Total funds 2024 Not• Income from.. Donation5 and legacies Charitable activities.. New and existing Youth Zone support Feas receivable & shared services NO￿Ork project income Other charilablo activities Fundraising Investments Other income 1,947,980 1,947,980 1,294,845 1S.305,104 15.30S.104 1,751,131 1,688.207 6,000 20,594 116.417 2, 726,448 1, 433,334 4,367,OLX) 1,751,131 1,688.207 6,000 20,594 116.417 13,790 96, 138 3,400 Total Incom• 3,842,122 16,993,311 20.835,433 9,934, 955 Expondltur• on: Raising funds Charilable aclivrties.. Transfer of Manchester Youth Zone building Other charitable activities 5,097 5.097 3,579,698 9,499,498 3,994,410 15.821.542 19.815,952 Total •xpendliur• 3,999,507 15.821,542 19.821,049 13,019, 196 Net {expenditurellln¢ome Transfers between funds (157,385) 111,809 1,171.769 (111.809) 1.014,384 (3,084,241) 18 N•t mov•m•nt In funds {45,576) 1,059,960 1,014,384 (3,084,241) R•conclliatlon of funds: Total funds brought forniard Net movement in funds 2.492,374 (45,576) 1,044,645 1,059,960 3.537,019 1.014,384 6,621,260 (3,084,241) Total funds ¢arried for4vard 2,446.798 2,104.605 4,551.403 3,537,019 The Slalemenl of Financial Activities includes all gains and losses re¢ognised in the year. The notes on pages 21 to 43 form part of these financial statements. Page 18 ONSIDE YOUTH ZONES {A company limited by guarantse) REGISTERED NUMBER: 06591785 BALANCE SHEET AS AT 31 MARCH 202S 2025 2024 Not• Flxed a8sets Tangible assets 14 18,446 20,320 18.446 20. 320 Current ass•ts Debtors Cash al bank and in hand 15 1,188,635 5,623,378 522, 737 4, 602. 693 6,812,013 5,125,430 Current liabllities Creditors: amounts falling duè within one year 16 (2,279,055) (1,608, 731) Not curront asg0t* 4.532,958 3,516,699 Totsl ass•ts1o9* ¢uvr•nt Ilabilitio9 4.551,404 3,537,019 Net assets 4,551.404 3,537,019 Total net assets 4.551,404 3,537,019 Charlty fund8 Restricted funds Unrestricted fvnds 18 18 2,104,605 2,446,799 1,044,645 2.492,374 Total funds 4.551,404 3,537,019 The Trustoes acknowledgg their'responsibililies for complying with the requirements of the Act wlth respect lo accounting records and preparation of financlal staternenls. The financial statements were approved and aulhorised for issue by the Tmstees and signed on their behalf by: Anabel Hoult A Hoult Dale.. Nov 27, 2025 The noles on pages 21 to 43 fom part of thesè financial statements. Page 19 ONSIDE YOUTH ZONES (A company limited by guarantso) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Cash flows from operating •¢tiviti•s Net cash used in operating activities (note 20) 915,836 (632.007) Ca•h flows from Invo•tlng aetlvlllgs Dividends, inlerests and rents from investments Purchase of tangible fixed assets 116,417 {11,568) 96,738 (11.019) Not cash provided by Investing actlvities 104,849 85,119 Cash flovm from financlng aclivitl•s Net cash provided by flnancing actlvilies Change in cash and cash equlvalents In th• year Cash and cash equivalents at the beginning ofthe year 1.020,685 (546,8881 5. 149,581 4.602,693 Cash and ca•h •qulvalant• at the end olthe year Inote 211 5.623,378 4.602,693 The notes on pages 21 to 43 fom part of Ihese financlal statem8nls Page 20 ONSIDE YOUTH ZONES IA company limited by guarantsol NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 General informatlon Onside Youth Zones is a ¢haritable company limited by guarantee incorporated in England and Wales. In the event of the Charity bèing wound up. the liability in respect of Ihe guarantee is limited to £1 per member of the charrtable company. Tha address of th8 registered office is given in the charrty information on page 1 of these financial statements. A¢¢ounting poll¢l•s 2.1 Basls of proparatlon of flnan¢ial statements The financial statements have been prepared in accordance with the Charities SORP {FRS 102) A¢¢ounling 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 Finan¢ial Reporting Standard applicable in the UK and Republic of Iieland (FRS 102) and the Companies Act 2006, Onside Youth Zone5 meets the definition of a public benefit entity under FRS 102. Assets and liabilities are Initially recognised at hislorical cost or transaction value unless othefwise slated in the relevant accounting policy. 2.2 Goin9 ¢oncorn The Trustees hav8 reviewed the ability ol Ihe Charrty lo conlinue lo operate as a goin9 concem, considering global events and other exlernal envlronmental pressures in this revlew. After careful analysis of the Charity's incoffle, expenditure and unreslricled reserves, the Trustees are confident in Ihe Charity's ability lo conts'nue as a going concern. Through the Strategy Team. the Trustees continue to maintain 11ght control of the fixed cost base and a clear line of sight of the financial health of the Charity. The Trustees do not have any material uncertainties about the Chartty's ability lo continue as a going concern for a timescale of at least 12 months fram the date of signing of the Trustees. Report and Financial Statements. The Charitls 2025126 budget has been established in consideration of both the intemal and external environments and this provides supporting evidence to the goin9 COn￿M assessment. 2.3 Income All income Is recognised once the Charity has entillement to the incomè, it 1$ probable that the income will be received and the amount of income receivable can be measured reliably. other income 15 recognised in'the period in which it is receivable and to the extent the goods have been provided or on completion of the ser¥i¢e. Page 21 ONSIDE YOUTH ZONES IA company Ilmited by guaranteè) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policl•g (continuedl 14 Expendlture Expenditure is recognised once Ihere is a legal or constructive obli9ation lo transfer economic benefit to a third party, il is probable Ihat a transfer of economic benefits will be required in settlement and the amount of the obligation Can be measured reliably. Expenditure is dassified by a¢livity. The ¢osts of each activity are made up of the lolal of direct costs and shared costs, induding support costs involved ID undertaking each activity. Dired Costs attributable lo a single activity are allocated directly to that activity- Shared Costs which contribute to more than one activity and support costs which are not altribulable to a single activity are apportioned betsveen those adivilies on a basis consislent with the use of resources. Central staff costs are allocated on the basis of lime spent, and depreciation charges allocated on the portion of the asset's use. Expendrture on raising fund5 include5 all expenditure incurred by the Charity to raise fvnd5 for its charitable purposes and indudes costs of all fundraising activities events and non-charitable trading. Expendiluro on charitable activlties is incurred on dlrectly underta￿.ng the activities which further the Charitys objectives, as well as any associated support costs. AM expenditure is inclusive of irre¢overable VAT. 2.5 Govammont 9rants Government grants relating to lan9ible fixèd assets are treated as deferred income and released to the Slalement of Financial activitles upon the completlon of the relevant performanc&related onditions. Other grants that are nol subjecl to performance-relaled conditions are credited to Ihe Slalemenl of Financial activities as the grant proceeds are received. Grants ￿ceiVed prior to the revenue recognition criteria being satisfied are recognised as a liability, 2.6 Interest re¢•lvablo Interest on funds held on deposit Is included when receivable and the amount can be measured reliably by the Charity., this is normally upon nolificalion of the interest paid or payable by th8 institution with whom the funds are deposited. 2.7 Tangiblo fixed assets and d•preclatlon Tangible fixed assels costing £250 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixèd assets are inilially r&cognised al cost. After recognition, under the cost model, tangible f￿ed assets are measured at cost les5 accumulated depreciation and any accumulated impairment losses. All cosls incurred to bring a tangible fixed asset into its intended working condition should be induded in the measurement of cost. Page 22 ONSIDE YOUTH ZONES IA company limlted by guaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (continued) 2.7 Tanglble fixed assets and depreciation (continuedl Depreclation Is charged so as to allocate the cost of tangible fixed assèts less their r85Idual value over their estimated useful lives. using the straight-line method. Deprecialion is provlded on Ihe following bas8s'. Long-term leasehold propety Fixtures and fitting$ Computer equipment 50 years 3 years 3 years 2.8 D•btors Trade and other debtors are recognised al the se￿ement amount after any trade discount offered. Prepayments are valued at the amount p￿paid net of any trade discounts due. 19 C•gh at bank and In hand Cash at bank and in hand indudes cash and short-term highly liquid investment8 Wlth a short maturity of three monlhs or less from the dale of acquisition or opening of the deposit Of similar account. 2.10 Llabllltlos 4nd provlslons Liabilities are recognised when there is an obligation al Ihe Balance sheet date as a result of a past event, it is probable that a transfer of economic bénefit will be required in settlement, and the amount of the settlement can be estimated reliably. Llabililies afe recognSsed at the amount that the Charity anliclpates it wlll pay to settle the debt or the amount it has received a5 advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligatlon. Wher8 the effect of the lime value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rale that reflects the risks specifi¢ lo the liability- The unwinding of the discount is recognised in the Statement of financial activities as a finance ¢ost. 2.11 Flnanclal Instruments The Charity oth has financial assets and financial liabilities of a kind that qualtfy as basic financial inslrumenls. Basic financial inslruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loan5 which are subsequently rnea5ured at amortised cost using the effective interest method. 112 Operating lea¥e8 Rentals paid under operating leases are charged to the Statement of financial activitie5 Qn a straight- line basis over the lease temi. Page 23 ONSIDE YOUTH ZONES {A company Ilmited by guarant•ol NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policles Icontinuedl 2.13 P•n8ion• The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity lo the fund in respect of the year. The Charty makes eontrlbutions inlo certain Individual employees, personal penslon plans. Contributions paid are charged lo the Statement of Financial Activities in the year in which they relate, 2.14 Fund accounting General funds are unre5trlcled funds which are available for use al the dlscrelion of the Trustees In furtherance of th8 general objectives of the Chanty and which have not been designated for other purposes. Restricted fvnds are funds which are to be used in a¢¢ordan¢e with specific reslri¢lions imposed by donors or which have been ra15ed by Ihe Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each reslricled fund is set out in the note$ to the financial statements. Investment income. gains and losse3 are allocaled to the appropriate fund. Crltlcal a¢counting estirnales and areas of Judgmont Estimates and judgments are continually evaluated and are based on historical experience and other factors, induding expectations of future events that are believed to bè reasonable under the circumstances. Critical accounting estimato$ and assumptions.. The trustees consider that there are currently no significant eslimates or areas of judgemental uncertainty. Incom• from donallon8 and legacl•s Unfestricted fund$ 202S Total funds 2025 Donations OnSi(le supporters donating via The Onside Foundation BnJn￿00d General Donations Donations 811,374 18.696 917.910 200,000 811,374 18.696 917.910 200.000 1,947.980 1.947.980 Page 24 ONSIDE YOUTH ZONES {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Income from donallons andlggacles (continued) Unrestricted fiinds 2024 Total funds 2024 Donatlons Onside supporters donating via The Onside Foundation Brunlwood General Donatrons 778, 600 18,696 497,549 778,600 18,696 497,549 1,294.845 1,294, 845 Incomo from charitable activities Unrestrlcted Restrlcted fund$ funds 202S 202S Total lunds 2025 Barratt Foundation AKO Foundation Fundraising project income Burberry project Burberry Foundation Making Lifelong Memories: The Onside Fdn Prudence Trust Youth Worker project NCS Community delivery project Winter holiday hunger programme Fundraising Sustainability: The OnSid8 Foundation FiredUp4 project income 151amic Relief Project OpsPal System Implementation project Onside Foundation Social Value project Prudence Trust project income UFC Project New and Existing Youth Zone Support Other funds Fees receivable and shared services 300,000 300.000 99,000 99.000 4,000 4,000 295,675 295,675 45,000 45,000 78.355 78,355 125,798 125,798 68.625 68,625 36.417 36,417 59,000 59,000 30,000 30.000 32.240 32.240 65.000 65.000 115,075 115,075 67,518 67.516 15,032,695 15.032,895 538,915 538,915 1,751,131 1,751,131 1,751,131 16,993,311 18,744,442 Page 25 ONSIDE YOUTH ZONES IA company limited by guaranto0 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Unrgstricted funds 2024 Restricted funds 2024 Total runds 2024 Lord Mayorfs Appeal Culture of Health Fidelity Tajenl Academy Burberry Foundation Making Lifelong Memories Amazon Project BP Project Winter holiday hunger programme Gaudio Family Foundation Prudence Trust Islamic Rellef Project Amazon: Volunteer Manager project Prudence Trust Youth Worker project NCS Community delivery project Fundraising suslainability New and Existing Youth Zone Support Fees receivable and shared services 41,070 47,500 119,970 400,000 82,875 50,000 3, 000, 000 702,500 100,000 125,750 2,423 50,000 90, 768 123,061 31,083 2,726,448 41,070 47,500 119,970 4L￿,000 82,875 50,000 3.000, 000 102, 500 loo, 000 125, 750 2,423 50,000 90, 768 123,061 31,083 2,726,448 1,433,334 1,433,334 1,433,334 T,093,448 8,526, 782 Income from other tradlng actlvltles Income from fundraislng events Unre$tricted funds 2025 Total funds 2025 Oonalions through Donorbox 20,594 20.594 Page 26 ONSIDE YOUTH ZONES (A company limited by guarnntee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 202S Income from other trading activitios Icontinuedl Income from fundraising events (continued) Unrestrict8d funds 2024 Total ftinds 2024 Donations through Donorbox 13. 790 13, 790 Inv•slm•nt Incom• Unreslricted funds 202S Total lunds 2025 Investment income 116.417 116,417 Unrnslrict8d lunds 2024 Total lunds 2024 Investrnenl income 96,138 96, 138 Other Incomlng r•8ourc•• Total funds 2025 Other Income Page 27 ONSIDE YOUTH ZONES (A Company limited by guarantsel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Other incoming resources (continuèd) Unrestricted funds 2024 Total funds 2024 Other income 3.400 3.400 Expendlture on rai8ln9 fvnds Fundraislng tradlng •xpong•s Unr¢stri¢led funds 202S Totsl funds 2025 Tolal funds 2024 Fundraising 5,097 S.097 10. Analysis of •xp•ndituro by activlti•s Activities undertaken directly 2025 Support costs Total funds 2025 2025 Youth Zone Development & Prospecting Youth Zone Support Onside Fundraising Onside Administration 16.244,000 823.633 16.867.633 1,054,088 1,054.088 1,053.243 1.053,243 759.674 840,988 81,314 16,325,314 3,490.638 19,815,952 Page 28 ONSIDE YOUTH ZONES IA company limited by guarantse) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 202S 10. Analy$ls of expenditure by activities {continued Aclivilias undortakgn directly 2024 Support costs 2024 Total lunds 2024 Youth Zone Development & Prospecting Youth Zone Support Onside Fundraising Onside Adminislralion 9, 696,668 684, 700 10,381,368 932, 480 932,480 749,819 749,819 874, 793 955,529 80, 736 9,777.404 3,241,792 13,019, 196 Analysis of direct ¢osts Youth Zon• Developme Onside nl & Administratl Prospocting on 202S 202S Total funds 2025 Recruitment Charges Insurance Bank Charges Repairs & Maintenance Legal & Professional Marketing Staff Welfare Slaff Training (including Talenl Academy) YZ Oevelopment Costs Youth Zone Funding $4.61S 13,722 1.005 5.079 54,615 13,722 1.005 5,079 195,202 140,023 6,893 72,036 15,662,604 174.135 195,202 140,023 6,893 72,036 15,662,604 174.135 16,244,000 81.314 16,325,314 Page 29 ONSIDE YOUTH ZONES {A company limited by guarante8) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10. Analygig of oxpgnditur• by activities (conllnuodl Analysls of dire¢t ¢o$ts (continued) Youth Zone Development Onside & Adminislratio Prospecting 2024 Total ftinds 2024 2024 Recruilment Charges Insurance Bank Charges Repairs & Mainlenance Legal & Prolesslonal Marketing Staff Welfare Staff Training (induding Talent Academy) YZ Development Costs Youth Zone Funding Transfer ol Manchester Youth Zone buildlng 52,086 13,469 372 52, 086 13,469 372 4,693 168,408 208, 790 10,116 88,894 5, 331, 062 379,876 3,519,698 4,693 168,408 208. 790 10,116 88.894 5,331,062 379,816 3,519,698 9,696,668 80, 736 9, 777,404 Page 30 ONSIDE YOUTH ZONES IA company limit•d by guarantoo) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10. Analysls of èxpendithre by actlvitios Icontlnuod Analysis of support costs Youth Zon• Developme Onslde nt & Youth Zone Onside Administratl Prospecting Support Fundraising on 2025 202S 2025 2025 Totsl funds 2025 Staff costs Deprecialion Room Hire Computer Costs Telephone and inlernel charges Water and ele¢tricity Rent. Rates & SeNice Charge Publications & Subscriptions Travel, Subsistence & Accommodation Printing, Stationery & Postag8 Govemance costs 555,245 2,632 160 9,035 1.411 702 14.949 5,806 957.318 3.991 278 15,579 2.433 1,085 4,530 10,011 957,318 3.146 276 15,579 2.433 1,085 4,530 10,011 689,271 3,673 199 11,216 1,751 708 3.262 7,207 3.159,152 13,442 911 51,409 8,028 3,580 27,271 33,035 21,062 759 57,557 1.308 57,557 1.308 41,445 942 177,621 4,317 11,872 11,872 623,633 1,054,088 1,053,243 759,674 3,490,638 Page 31 ONSIDE YOUTH ZONES (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10. Analysis of expenditure by activilies (continued Analysis of support costs (continued) Youth Zon8 Development Onside & Youth Zone Onside Adrninislratio Pmspecling Support Fundralsing 2024 2024 2024 Total funds 2024 2024 Staff costs Depreciation Room Hire Computer Costs Telephone and Inlemel charges Water and electricity Rent. Rates & Service Charge Publications & Subscription5 Travel, Subsistence & Accommodation Pnnting, Slalionery & Postage Govemance costs 592,684 2, 759 58 11,422 1,579 926 2,127 3. 783 853,816 3.976 84 16,453 2.274 1, 334 3,065 5,449 686,574 3,197 68 13,230 1,829 1,072 2,464 4,382 801,003 3, 730 79 15.435 2, 133 1,251 2,875 5,112 2,934, 077 13,662 289 56,540 7,815 4,583 10,531 18,726 57, 103 1,119 11,140 44,417 1,612 35, 707 1,296 41,663 1,512 178,890 5,539 11,140 684. 700 932,480 749,819 874, 793 3, 241, 792 11. Auditorfs remuneratlon 2025 2024 Fees payable to the Charity's auditor for the audit of the Charitys annual accounts 9.800 9,250 Fees payable to the Charitys audilor in respect of: All nofvaudil servi￿$ not included above 1.400 1,320 Page 32 ONSIDE YOUTH ZONES {A company limited by guarantoel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 12. Staff costs 2026 2024 Wages and salaries Social security ¢OSts Contribution to defined contribution pension schemes 2.683,514 288,359 187,279 2,491,606 267, 860 174,611 3,159.152 2,934,077 The average number of persons employed by the Charity during the year was as follows.. 2025 No. 2024 Chief Executive Fundraising YZ Development Propety & Construcllon Communi¢alions & Brand NetrNork Support Op•ning & Delivery Support Finance & Admln 15 10 People Team 55 52 The number of employees whose 8mploy8e benefits (excluding employer pension costs) exceeded £60.000 was: 2025 2024 In the band £60.001- £70,1)00 In the band £70,001- £80,000 In the band £80,001- £90.000 In the band £90,001- £100,000 In the band £100,001- £110.000 In the band £110.001- £120,000 Key management personnel include the Chief Execuliveand Deputy Chief Executive. The total salary cost including employers, Nl and employers, pension contribution5 in 2024125 for these individua15 was £236,09512024: £344.737- included Direclor of Finance). Page 33 ONSIDE YOUTH ZONES IA company limited by guarant¢•) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 13. Tfustoos, romuneratlon and expensos During the year, no Trustees received any remuneration or other benefits (2024 - £NIL). Ouring the year ended 31 Marth 2025, no Trustee expenses have been inCu￿ed (2024 - £NILI. 14, Tan9ible fixed assets Office •qulpm•nt Computer •qulpmont Total Cost or valuation At 1 April 2024 Additions 46,968 121.327 11,568 168,295 11,568 At 31 March 2025 46,968 132,895 179.863 Oopreclatlon At 1 April 2024 Charge for the year 46,968 101,007 13,442 147,975 13,442 At 31 March 2025 46.968 114.449 161,417 Net book valu• Al 31 March 2025 18,446 18,446 At 31 March 2024 20,320 20,320 16. D•btors 2025 2024 Due wlthln ono year Trade deblors Olh8r debtors Prepayments and accrued income 1,151,097 348,363 132, 750 41,624 37,538 1,188.635 522, 737 Page 34 ONSIDE YOUTH ZONES IA company Ilmlted by guarantoe) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 16. Creditors: Amounts falllng due within one year 202S 2024 Trade credllors other laxallon and social security Other creditors Accruals and deferred income 476,497 244.186 713,350 845,022 754.415 242, 716 562.426 49,174 2,279,055 1,608.731 17. Flnancial instruments 2025 2024 Flnanclal asjots Financial assets measured al amortised cosl 6,774,475 5,083, 806 2025 2024 Flnancial liabilities Other financial liabililies measufed al amortised cost 1.243.094 1,366,015 Financial assets measured at amortised cost comprise cash at bank. trade debtors and other debtors. Other financial liabilities Measured at amortised cost comprise trade creditor5, Other credrtors and accruals. Page 35 ONSIDE YOUTH ZONES IA company limited by guardntsè) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 18. Statement of funds statement of fund$ - current year Balanc• at 31 Mar¢h 2025 Balanco at 1 April 2024 Transfers inlout Income Expendlture Unrestricted fund8 General Funds 2.492,374 3.836,122 {3,993,506) 111.809 2.448,799 Balanco at 31 March 2025 8al•nce at 1 Aprfl 2024 Transfers inlout Income Expenditure Restrfcted funds Islamic Relief Project New & Exisling Youth Zone Support Burberry Foundatlon Onside Partnership Culture of Health Project Making Lrfelong Memories Prudence Trust UFC Project AKO Foundation Fundraising projed income 8P Project FiradUp4 project income Fundraising 5u51ainability: The Onside Foundation OpsPal Syslem Implementation project Arnazon: Volunteer Manager Project Talent Academy Project 2022- 24 Prudence Trust Youth Worker project NCS Comrnunity Dellvery project Onside Foundation Social Value project Winter Hunger Project Barratt Foundation 30,000 (22,742) {3.000) 4,258 574.243 15,032,695 (14,257,878> 1,349,060 295,675 (221,788) {650) (79,284) (105,975) (38,479) 73,887 4,930 (19.9271 28,694 44.741 5.580 14,337 31.087 15,704 45.000 115,075 67.516 {11,493} 99.000 99,000 109.984 4,000 239.984 (130,000) (50.000> 59,000 {s,000) 36,417 <17,350) 19,067 32,240 {29,370) 2,870 37,382 {28,758) (8.625) (i) 56,017 (10,874) (45.143) 77,505 78,355 (61,670) (7.131) 87,059 (7.194) 125.798 (128,795) (11.917) (22,108) 65,000 68,625 300,000 (37,851) (61,760) (161,500) 27,149 6,865 128,500 (10,000) Page 36 ONSIDE YOUTh ZONES {A company limSted by guaranteol NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 202S Stat•mont of fund8 {contlnuod) ststement of funds - current yèar {continued) Balanco at 31 March 2025 Balance at 1 April 2024 Transfers inlout Income Expenditure Burberry Project 542,915 (376.838) (9.500) 158,577 1,044,645 16,993,311 (15,821.542) (111,809) 2,104,605 Total of funds 3,537,019 20.829,433 {19.815,048) 4,551.404 Page 37 ONSIDE YOUTH ZONES {A Company Ilmlted by guar•nt••) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Statsm•nt ol lunds {continu•d) Capital expenditure on further Youth Zones will be accounted for in the individual Youth Zone chafilies. Purposes of restricted funds l) l$lamlc Rellef Project The yeaf long Stfonger Sisters project supports young women aged 13 to 19 to explore women'$ vol¢es, entrepreneurship and creating positive social thange. lil New & Exlsting Youth Zone Support Funds received and expended in relation to the specific d8velopment of individual new Youth Zone projects. These funds are held. resl(ict8d to the specific projects across the country in the geographies listed. Funds are drawnlsecured and applied as soon as is possible. These projects are ongoing at this time and are in v3rlou5 Stages of development. iii) Burberry Foundation Onside Partnership Three Year programme delivering projects (within universal provisionlsessions) working with young people OD either Enterprise or Creative Arts Ihal fil the aims of the Burberrfs Inspire 'Create. Connect and Calalyse, programme. Approximately three initiatives per Youth Zone per year and support for Onside's Talent Academy. Iv) Cultur• of Health ProJ•¢t A Ne￿Ork-wide health project worklng to embed a true culture ol health and wellbeing across the Youth Zones,. cfrfunded by th8 Oglesby Charitable Trust, Rayne Foundation, Caretech, 29th May 1961 and Fusion 21 v) Maklng Lrfelong Mamori•• Three year funding for up to 12 residenlials per year. each for up to 12 young people who attend a Youth Zone andlor the Onside young ambassadors group vl) Prudence Trust Wellbeing worker project.. provides vital 1.1 conversations enabling Youth Zanes to have a fuller picture of a young person's situat￿n and deliver multiple layers of support through a dedicated youth worker. Creative Arts project, provides an opportunity lo support memberfs mental health ulilising the creative arts offer in the Youth Zone and the skills of local artists. vii) UFC Project Funding from the Ultimate Fighting Championship focused on providing young people with opportunities to try mixed martial arts. This project is designed lo work with the local police teams for referials. vIIITr AKO Foundatlon Fundraising project Incom• Ne￿Ork wide support from AKO Foundation to help London youth zones elevate pan London fijndraislng capability. ix) BP Project Support from BP that includes Onside core mission, capilal projects, and unrestricted support to Youth Zones over 2023124 and 2024125 to help Youth Zones deliver consistent universal services in the face of significant increases in costs. x} FlredUp4 proloct Incom• Support and fundin9 10 install ceramics studios into Youth Zones across the nehvork. xi) Fundraising sustainability: The Onside Foundatlon Page 38 ONSIDE YOUTH ZONES IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 18. Statsmont of funds Icontinuod) Three year fvnding covering four elements.. {1> New social value assessment of the Nelwork. (2) Strengthening govemance through work with a governance ￿)nSUltant, (3) Recruitment and training of new fundraisers (4) Salary, travel & accommodation and all on-costs of a FT impact & data analysis staff member to SUPPOrt Bamet and Carlisle Youth Zone5 xll) OpsPal System Implementation project Funding to purchase and implement a facilities management tool across the whole Nehvork. xlll) Amazon: Volunteer Manager Project Donation to Onside restricted to Volunteer Management coordination as defined by Onside at its di$¢retion. xlvl Tal•nt Acadomy Projoct 2022-24 Two-year support of the 'Talent Academl; a wide ranging training and development programme lo benefrt employees across Ihe Youth Zone network, pioneeied by Onside xvl Prud•nc• Trust Youth Work•r Proloct Three year funding to provide support to youth WOTkers, to help them be able to better handle the pressures of working with young people living in challenging circumstances and with low level mental health challenges. Support ¢omprises of reflective supervision training, 121 counselling available for youth workers to be referred to and monthly online group supeplision sessions for senior youth workèrs. xvi) NCS Communlty Delivery project Two yèar {2023124 and 2024125) Youth Zone Network-wide proj•ct focused on young peoplo achiaving Citizenship Passport through menu of a¢livilie$. xvlll Onslde Foundatlon Soclal Valu• project Funding to undertake research inlo the social value generated through each £1 spend operating the Youth Zones. xviii) Winter Hunger Project Providing free hot meals and free entry lo those members that needed it over the winter period when energy bills were high and food prices on the rise due lo a cost of living crisis. This enabled the Youth Zones to become warm spaces for those that needed it. xlx) Burb•ry Projoct Delivering projects workin9 With young people on either Enterprise or Creative Arts that fil the aims of the Burberry framework- Creale, Connect and Calalyse. xx) Barratt Redrow Foundation Funding to support the sustainabilty of the whole Nelwork. statement of funds - prlor yoar 8alanco at 31 March 2024 Balan￿ at 1 Apnl 2023 Transfers in/out Income Expenditure Page 39 ONSIDE YOUTH ZONES IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ststomont of fund¥ {Gontlnuedl Unr•8trlct•d funds General Funds 2,592,636 2,841, 507 (3, 787,840J 846,071 2,492.374 Restrlcted funds Islamic Relief Project New & Existing Youlh Zone Support Burberry Foundation Onside Partnership Culture of Health Pfoject Makin9 Lifelong Memories Prudence Trust UFC Project AKO Foundation Fundraising project income BP Project FiredUp4 project income Fundraising sustainability: The OnSid8 Foundalion OpsPal System Implementation project Amazon: Volunteer Manager Project Talent Academy Project 2022- 24 Prudence Trusl Youth Worker project NCS Community Delivery project Onside Foundation Social Value project Winter Hunger Project Barratt Foundation Burberry Project Other funds 2,423 (2,423) 171,861 2. 726,448 (2,324, 066) 574, 243 400,000 47,500 82,875 125, 750 (279, 154) (120,846) (48. 598) (20, 114) (63, 594) (4, 944) (121.976) (12.576) (30, 128) (5, 375) 26, 792 5, 580 14,337 31,087 15,704 39,889 51,207 50,000 (47,141) 3,000,000 (2,460,016) 41,070 (9,999) (2,859) (300,000) {41,192) 239, 984 10.121 31,083 (31.083) 5, 181 (5, 181) 50,000 (118) (12,500) 37,382 61.407 119,970 (125,360) 56.017 90, 768 (7. 163) (6,100) 77,505 123,061 (121,205) (9,050) {7, 194) 3.519,697 20, 700 50, 000 71,769 (3,519.697) (99,814) (47, 500) (12,500) 102,500 (23, 386) (2,500) (59,269) (100,000) 100,000 4,028,624 7.093,448 (9.231,356) (846,071) 1.044, 645 Page 40 ONSIDE YOUTH ZONES (A company Ilmit•d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 18. Statement of funds (contlnuodl Totsl of funds 6.621,260 9,934.955 (13,019. 196) 3,537,019 19. Analysls of n•t assets belwaon lunds Analy$ls of net as$•ts betwoen fund$ . Current yoar Unrestrlcted Restrlcted funds funds 2025 2026 Total funds 2026 Tangible fixed assets Current assets Creditors due wiihin one year 18,446 18,446 3,527.361 3,271.280 6,798,841 (1,099.008) (1,166,675) {2.265,683) Total 2,446.799 2,104,605 4,S51,404 Analysls of n•t as••ts betw••n funds - prtor y•ar Unr8strict8d funds 2024 Restricted funds 2024 Total funds 2024 Tangible fixed assets Current a55ets Cfeditofs due within one year 20.320 20, 320 3,032. 730 2,092, 700 5. 125.430 (560.676) (1,048,055) (1,608, 731) Total 2,492, 374 1,044,645 3,537,019 Page 41 ONSIDE YOUTH ZONES IA company limlted by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 20. Reconciliation of net movement in funds to net cash flow from operating activities 2025 2024 Nel incomelexpendlture fof the year (as per Slalement of Financlal Activrties) 1,014,384 (3,084, 241) Adjuslmonts for: Deprec4ation charges Dividends, interesls and rents from investments Transfer of Manchester Youth Zone building {Increase)IDeGrease in debtors Incr6asel(docrease> in Creditors 13,442 (116.417) 13,662 (96, 138) 3, 501,564 (29,492) (937,362) (665.8981 670,325 Not cash provldod byl(ug•d In) op•ratlng actlvltl•g 915.836 (632,007) 21. Analysis of cash and ¢ash equivalents 2025 2024 Cash in hand 5.623.378 4,602, 693 Total cash and cash oqulvalonts 5.623.378 4,602, 693 22. Analysls of changes In net d?bt At 31 March 2025 2024 Cash flowg Cash at bank and in hand 4,602,693 1,020.685 5,623.378 4.602,693 1.020,685 5.623,378 23. Penslon commltments Th8 charitable company operates a defined contribution pension scheme. The assets of Ihe scheme are held separately from those of the group in an independently administered fund. The pension contributions payable by the charity al the balance sheet dale were £23.264 (2024.. £39.373). Page 42 . ONSIDE YOUTH ZONES (A company Ilmitod by guarantO0) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 24. Relatsd party transactlon$ During the year the company received donations that amounted to £722.714 (2024.. £435.600) from TIu51ees of the charitable company or other charities with a shared Trustee. No other Iruslees or other person related to the charily has any personal interest In any ¢ontra¢t or transactions èntered Into by the charity during the year. There are no other material related party transactions that requlre disclosure in the financial statements.. Siinature: Emill: anabel.hoult@which.co.uk Slgnature: Email: vicky.szulist@crowe.co.uk Page 43