Charity rngi*htion number 1129290 (England Ind Walo¥}
Company r9918tr4tlon numb•r 06054333
HARMONY YOUTH PROJECT
ANNUAL REPORT AND uNAuD￿ED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

HARMONYYOUTH PROJECT
LEGAL AND ADMINISTRATIVE INFORMATION
Truit••#
Miss R Crowe
Mr l Read
Mr J Hynes
Mr S Ateha
MrA B Pemborton
Miss L Elcock
Charfty n￿nbor IEngl4nd and
1129290
Company numl)er
06054333
R•ghtsmd offi¢•
101b Bradshwete
Bcllon
Independent examln•r
BadowAndrews LLP
Car￿e House
78 Chorty New Road
Bclton

HARMONY YOUTH PROJECT
CONTENTS
Pag•
Trustees, report
1ndl￿n￿OnI wmlneff$ Rport
Statem•nl of finanrial aclimties
8818nce sheet
Notes to the finanoal statements
6-13
Chairman's Report
14- 15

HARMONY YOUTH PROJECT
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 30 JUNE 2024
The trustees presenttheir annual report and financial statemènts for Ihè yèar ènded 30 June 2024.
The fin8nfi81 stslements have been prepared in accordan￿ wrth thg accountlng policies set out in note one to ttbe
financial 5tatementB arKI compty with chariV$ MÈmorBndum and Articlgs of Association, the Companies Act
2006 and "Ar£ounling and Reportlng by Charitses= Statement of Recommended Pra¢b"cè applicable to charities
preparing their accounts in accordance wlh Ihe Finaniyal ReportSng Standard 8pplicable in the UK and Republic of
Ireland IFRS 1021 {eifeclive 1 January 2019}"
Objoctlv•s and actlvltl•s
Th9 Oblective of the charrty is to provide suprJ)rt through rnedia projects to disadvantaged children In Bolton gn¢J the
surrounding areas. Each year the trustees revièw the oblectfves and adivltles of the tharity to ensurè th81 they
continue to reflect our aims and lo provide public beneffl. In Setting thesè our trustees have glven carelul
¢on$Ml8ration lo the Charity Commission's 98noral guidanc8.
The charity conllnues to pro￿de support lo dlsadvantsggd young poople through g(luCatSo￿tra￿Th￿ng, amateur sport
and other vaiious se55ions that are pro￿de<l lo the young pwle.
Public benefft
The truslee8 have a duty lo ensure that th& a¢tNities of the L*athy ￿ntInue lo provide a public benefit. They org
more than satisfied that by CZTrying ￿t the above 8dMlltrs the ¢h8rity ¢onlinue$ to prowde public benefrt.
The trusl8as have paid due regard lo guidance issued by t￿ Charity Commi88ion in deciding what a¢#lvlUes the
Charity $hould undertake.
Achi￿¢M•nts and ￿rf0MlanCa
Signn7cant actniilies and achievements against obiectives
Hamiony Youth Project has made significant stn'des th1$ year, ¢onlnulng lo support young peop￿ and famili¢$
fa¢ing challenge5 in Bolton. We SLWa8sfUl￿ delivered mulliplp wmrnunity-focused inilialNes, induding arts, musi¢.
gnd youth engagem8nl projects, which f051ered c¥ealivty, (￿lIUral integration, and racial hamiony. Notable
8chlevemènts included a dimate change art exhibTtion and the launch of a housing rights programme lo addfess
youth homalassnass. Our food bank and rgferral servKe5 expanded lo meet the growlng demand from farnilies in
hardship. We al$0 strengthèngd partnerships with local organisalions lo tackle serious youth vidence ar￿ provhle
8UPPOrt for dlsadvantaged chllt1r8n. Through these efforts. we reathed a wider aud19r￿, empow8ring individuals
and building stronger communf(y li¥$.
Th$ ¢harty has Ihm part tim• staff as well as the empkjyment ol session workeTS fvnd8d by th8 grants that are
p￿ded by local authoriti'es and other instriutions.
The charity has r•C&l￿d income of £121,507 (2023.. £142,357) and spent a lolal of £117.384 12023.. £137,789)
resulting in a nel Surplus of £4,123 (2023.. £4.568).
Financial revlèw
The resuAs of the charivs actiwties are shown in the Statement of Flnancial Activities on page 4 of the accounts,
showing nel income of £4.123 across all funds. Un￿$t￿￿ted funds carried forward al ye8r end t¢)tslled £24,244 and
restn'cied funds w¢re £21,599.
The charty has cash and bank account lunds avaSlable of£27,039 an Increase from £11.S01 in the prior year.
The charitvs re$6m policy is detailèd bel¢)w and hold8 frge reserves of£5.44012023'. £11,501).
R8sgtyes policy
It is the policy of the chBrty that unrestricted funds which have not been de$ign8ted for a specrfic us8 should bè
maintained al a ￿Ve1 equivalent 10 Six month's operating expendiiure. The truBtee8 consider that re$eN9$ at this
level wlll ensure that, in the everrt of a significant drop in funding, they wll ￿ able lo continue the char￿5 current
activities while consid0rat￿n is givgn lo ways In wh￿h additional fvnd5 may be raised. On 0￿810n$ our reserves
may be below th* Stat￿ figur•, wh8re fundin9 is pending into the Harmony accounts.

HARMONYYOUTH PROJECT
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
MaJoriisk$
The tnJst•os have assessed the major risks lo which the charty 15 exposed, and are Satis￿ that $yslem3 are in
placg to mitlgole expo¥uie to the major risks.
Pl•n8 for lutur¢ ￿￿0d8
The tharity will continue lo be supported by the grant makers and donors who have fund￿ the ¢harTWs activ￿83
thus far and will ￿ntinUe lo work with disadv8ntaggd young pgople auoss Bolton and Greater Manchester to help
lo improve the liv•$ ol th0￿ in n•8d.
stwctur•. governance and management
Ham)ony Youth Project is a registered charity and a cornpany limited by guarantee and is governed by fts
Memorandum and Artidès of Association. Thè company was In￿rporated on the 16 January 20D7. Dedar8Uon of
trust dalgd 16 January 2007.
Th& charity is an inwporation assorAation.
The tru3lee8. who are a150 the dirBCtor3 for the purFX)se of ￿mpanY1&W, and who 8eryed during the year ond up lo
thé date of signature ofthe financial slatsments were".
Miss R Crowe
Mr l Read
MrJ Hynes
Mr S Alcha
MrA B Pemberton
Miss L Elcock
Rgcwitm•nt and apwnfn￿nl oft￿St8&S
Any new Iruslees are appointsd by Iho trxisting trLK%l••s ol th• ¢harity Subjact lo the necessary background ￿kS
being undertaken.
Thè trustees, reporlwas approved by the Board of Trustee8.
Mr J Hynes
Trusts6
24 January 2025

HARMONY YOUTH PROJECT
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF HARMONYYOUTH PROJECT
I report lo Ihe trusteos on my examingbon of Ihe ffinanGial statements of Harnony Youth Prlect (tha charity } for the
ygar end￿ 30 Jung 2024.
R•sponslbllltlo# and bas1$ of rnport
As the Iruslees of the charity land also ils dirertors for the purposes of company lawl, you are rèsponsible for Ihe
preparation ()f th& financial $lat•m8nl$ in accordan￿ with the requir&manls of th8 CompaniesAct 2006.
Having satisfied my5eW that the financjal statements of the charity are not required lo be audited under Part 16 of
the Companie5 Act 2006 and are eligible for independent examination, I report in respect of my èxamination of the
charity's financial slaternents carried out under section 145 olthe CharilièsAd 2011. In carying out my examSnaO¢n
I have followed the Directions given by the Charity Commission under section 145151(bl gf the Charities Act 2011.
Ind•p•nd•nt •xamln•ff• $tat•mont
I havo completed rny examination. I confim) that no mattèrs have corne to my attent￿ in ￿nnectIOn vAlh the
èxamlnallon giving me rAusg lo ￿lIeVe that in any material Tesped..
ac￿Unting records were not kept in Tesped of the tharty as required by section 386 of the Compani69 Act
2006.
the financial slalements do not J￿rd with thosè rècords., or
the finandal stslemenls do not ¢omply wkh the a¢¢ounting raquirem8nls of se¢tlon 398 of the Compani•s Act
2006 other than any requirement Ih81 the financial $18tOm8nls giv8 8 trua and fair ￿ew, which is not a matter
con5id8¥ed as part of an independent examination., or
the fin8n¢ial $latemenl$ have not been prepared in accordanco wrth th& methods and principles of Ihe
Slalemenl of Recommended Pra¢tic8 for accounting and reporting by charrtles applicable to charits•s
prep¥ring Ih$ir finanual slalaments in accordance with thè Finandal Reporting Standard applicable in the UK
and Republic of Ireland IFRS 102).
I havg no GOn￿mS and have corne across no olher rnatters in connection with the examlnallon lo which attention
should bè drawn in this report in orderto enable a proper understsnding of the Ilnancial stalemants lo be reathed.
Philip Riding FGI
BarfowAndrews LLP
Cadyle House
78 Chort&y Road
Bolton
24 Janugry 2025

HARMONY YOUTH PROJECT
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2024
Unr•strict•d Restiicted
funds
funds
2024
2024
Totsl Unr•strl¢l¢d Rejtrictod
funds
funds
funds
2024
2023
2023
Total
funds
2023
NotgB
Income from:
Donalitsns and grants
Other income
Inveslmenls
26,172
95.129
121,301
31.787
15,499
95,071
126.858
15.499
206
Totsl in¢om•
26.378
95,129
121,507
47,286
95,071
142,357
ExpgnditUT• on:
Charitablg acllvlUo$
43,854
73,530
117.384
42,718
95,071
137.789
Total expendliu
43,854
73.530
117.384
42,718
95,071
137,789
N•t Inet)mel{eyndlturel and
mov•m•nt In funds
{17.4761
21.$99
4.123
4,568
4,568
Reconclllatlon of fund*:
Fund balahr*s at 1 Juty 2023
40,520
40,520
35,952
35,952
Fund balanc￿ at 30 Jun•
2024
23,044
21,599
44,643
40,520
40,520
The statement of financial 8cbvit￿s indudes all gains and108898 reco9ni3ed in year. AJI income and expendf(ure
derfve from conlinulng activities.

HARMONY YOUTH PROJECT
BALANCE SHEET
ASAT30JUNE2024
2024
2023
Notes
Flx•d a8SOts
TangitAe assets
11
18.804
29.019
Curygnt assets
Cash at bank and In hand
27.039
11.501
Creditors: amounts falllng due wlthln
one yoar
12
11,2001
Net ¢unent a￿ets
25,B39
11.501
Total as¥•ts I￿5 currEnt liabilitie•
44.643
40,520
The fvnds Of th• Charity
Restricted income fiJnd5
Unrestricted fvnds
13
14
21,599
23.044
40,520
44.643
40.520
The company is gnlMg¢J to Ihg oxemption from tha audit requirement Contair￿d in se(*ion 477 of Ihg Compan195AL#
20C6. for the y#8r onded 30 June 2024.
The dlr8¢tors acknowledge their re8ponsibilib"¢s ftsr complying wrfh the requiramonts of thè Cornpanie8 Act 20(
with ￿sPeCt to accounltng Teccfds and the preparation of ffinancial stslwignls.
The members have not requlTed the wnpany to obtain on audit of it8 financial 8talemenls for the year In question in
accordance vrith section 476.
These financial statements have teen prepared In ac¢￿￿ne￿ wlth the provlsK*n$ apF41¢ablo to ¢ompanie8 8ubjeca
to Ihe small companies regime.
The fin8ncSal ststgm8nls were approved by the trustees on 24 January 2025
r J Hynes
Trusts•
Company regi51ration number (￿$4333 (England and Walos)

HARMONY YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
A¢¢ounllng pollcSe8
Charfty Infornwtlon
Harmony Youth Projecl is a charity established under a trust d•ad. The registsred office is 101b
Bradshawgats. Bolion.
1.1 A¢¢ountlng ¢onventlon
Thg financial statements have been prepared in a¢cordance wlth tha ch8rlty'$ goveming document. Ihe
Companles AGt 2006, FRS 102 'The Financial Reporting Stsndard applicabk in the UK and Republic of
Ir&l•nd and the Charibes SORP "Accounting and Reporting by Charilie$'. Slalernenl of Recommended
Practl¢e appli¢ablè to ch8ribes preparing their accounts in accordancè with thè Financial Reporting Standard
applicabh in thè UK and Rapubllc of Iraland {FRS 102)", The charity is a Public Benefit Entlty as definad by
FRS 102.
The charity has taken advantage of tho provi$ion$ in Iha SORP for charities not to pr•parg a slalemenl of
cash flows.
Th¥ fnancial statements are prepared in sterfing, which is the fvndional curren￿ of the charity. Monetary
amounts in these financial statements are rounded lo th& nea￿$1 £.
The finan￿al statements have bettn prfjparèd under the histonc*l cost convention.
1.2 Golng concorn
Al the lime of apyowng the finan￿al $ts10rngrsls, the lJuslees have a reasonable expeGtatlon Ihal Ihg chanty
has adequate resources lo ¢onlinuo in opèrational existence for the foreseeable fijture. Thus the Iru$tee$
continue lo adopt the going concem basls of a￿UntIng in preparing the finanual ststemenls.
1.3 Charitsble fund#
Unr¥$trictéd funds ar8 avaiLabl8 for uso at the dig(¥etvJn of the trusle•s in furtherance of their tharitable
oblècbves.
R•slrid•d funds ar8 subj'ect lo specific condit￿￿ by dontys or grantors as to how they may be used. Th
purpo$e¥ and uses of the restricted fijnds are set out in the notes lo the fin8nclal 8talem6nl8.
IA Incom•
Income is recogni$&d wh•n thè charity is18gally an(￿ed to it after any perfornance condibons hava b8en m&1,
the amounts Can be measurèd reliably. and it is probable that income will b8 received.
Cash donations ar• rècognis8d on r8C8ipI. Other donations are recognised once the charity has baen notffied
ol the donation, unless perforniance conditions require deferral of the amount. Incorne tax recoverable In
relation to donallons rocelvod und9r GNIAid or deeds of covenant is recognised at th8 tim• of thg donatlon.
Grants are r&co9nl8ed on receipt or otherwise rf the charity has been notfjfoed of an impending distribution. the
amount is knoym, and th9 recglpl15 gXPg¢ted.

HARMONY YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Accounting policies
IContlnu•dl
1J Expendlture
Liabilities are recognised on an acuuals basi8.
Costs of raising funds relate to *thitiè¥ undertaken lo generate Sncome.
Exp•ndilum on Charttab￿ actThiili8s Is cos15 inCu￿ed by the tharity in the delivery of its adtvitios and s•M¢e$
lo ks benefity8rie$.11 Sncludes both costs that can be allocated diredty lo such activilies and those Costs of an
indirect naturg necessary lo support th9m.
Other 8xpgndMure represents th080 Items not falllng into any other heading.
Govemance costs inc4ude all expenditu￿ dire¢tly related lo the administralFon ¢f the d)arity Including
experiditure incurred in the rnanagemenl of tho charltys assets. organisational. admlnlstration and compliance
with charitable and slalutory requirements.
1.8 Tanglble flx•d assets
Tanglble flxed assets are initially measured al cost and sub5equentty measured at ￿$t or valuafjon, net of
depre¢i¥tion and any impaimènt loss￿.
Depre¢i81Son is re￿nised so as lo write off Ihe cost or valuation of assets less their residual values ¢)ver thelr
u$oful livas on th8 ftsl10￿ng bas•s'.
Fixtures and fittings
Computers
lo.￿ Slraighl Line
10% Straight Ling
The gain or10ss arising on the disposal of an asset is determined as Ihe dtfferen¢e between the sale proceeds
and the carrying value of the asset. and 18 recognised in the slaloment of financial a¢Aiwlie8.
1.7 Impalmi•nt of flxed ¥$$•ts
Al each reportlng end date, the tharity reviews Ihe c4rying amounts of its tsngible o¥sels to determlne
whether there 1$ any Indi¢ation that those assets have SLrffered an impairment loss. If any such Ind￿tIOn
exists, the ￿coVerable amount of the 8ss8t is estimated in order to determine the extent of the Impaimient
loss {rf any).
1.8 C*$h and ¢a•h equlvolènlg
Cash and cash equivalents indude cash in hand.
Basic finaft¢ial as$•ts
Bas1¢ financial assets. which indude ¢xsh and bank balan¢es, ar• initialty measured al transaction prfr
induding transaction costs and are subsequently ¢arrSed at 8mortis•d cost using the effective interest method
unkss the arrangement constilutes a ffinancing transaiaion, where tha transaction is measured at the present
walue of th• lutura r8c8iPts discountsd at a market rale of interest. Finanaal assets clasSif￿d as r8C8ivabl¢
within one year 8re not amortised.
8•si¢ fin•n¢ial liwbilitses
Ba51¢ finanaal liabilities, including cr8dilors are inrf(ially recognised at transaction pric8 unl•s$ the
arrangement constitutes 8 financAn9 transaction, where the debt in81rument is measured at 1he present value
of the fvlu￿ paympnls Jls¢ounled at a market rate of interest. Financial liabilities ¢laS$if￿d as payable within
one ye8r a￿ not 8mortisèd.
Dobl instruments are Subsequentty earri•d at amorbsad cost, using tho efloctiV8 int•re$l rat• method.

HARMONY YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
A¢¢ounlln9 poIIGI•s
Iconllnugdl
D•rn¢ognlllon of finanelal Ilabllftles
Finaniial liabilities are deTecogni5ed when the ch8rty's ¢x*ntra¢iual obligations explre or are discharged or
¢an¢g11ed.
1.9 Employee b•n•fits
The cost of any unused holiday entillemenl is regjgnised in the period in whith the efflployee'g serth are
ro¢eived.
Terminatitsn beneffils are recognlsell Immgdialgty as an 9xpense when the charty Is dgmonstrably commilted
to temiinate the employrrEnl of an emFloy¥* or lo prowde tomiinalion benefits.
Crltl¢al a¢countlng •¥dmato$ and ludg•rn•nts
In the applicalk)n of tha charity's accounting policies, th8 I￿￿tee$ are requlred lo make judgements, esttmates
and 855umpts.ons about thè carryin9 amount of ass8ts and liabilities that are not readity apparant from other
sources. The e8tirnates and 8$SO¢tatgd assumptions are based on historical experience and other factors that
are considered to be relevant. Actual resuts may dlffer from th898 estimates.
The estimatss and undèrfying assumptic•)s *e r￿¢we￿ on an ong(xng ba$ls. Rgvlsion8 to aceounling
&stimalas are ￿CogniSed in the period in which the èstimatè is r8Ms8d wh8ra thè rowsitsn affects only that
p8riod, or in tha pgriod of the revlsion and fLbture wiods where the revision 8ffec4s both ojrrenl and futur8
period$.
Incomo from donatlom •nd gr•nts
Unrestrlctod R•¥trl¢t
fund$
fund$
2024
2Q24
Total Unrg$trletsd R•slrf¢ted
funds
fund8
funds
2024
2023
2023
Totsl
fund¥
2023
t)onalion$ and gifts
26.172
95,129
121,301
31,787
95.071
126,858
Donation• and grants
BBC Children in Need
Warm Spaces
Bolton CVS- Community
and Voluntary Services
Botton al Homo
JD Foundallon
Other Small Donations
TheAshley Famlty
Foundation
Gaffield Weston
Foundation
Main Grants AFA
Other Small Grants
14,879
10,260
14,879
10,260
13,528
13,528
10,L>JO
10,LYJO
6,172
11.000
11.000
lo,￿0
lo,￿0
6,172
31,787
31,787
9,750
9,750
20,000
9,730
44,591
20.000
9,730
44,591
56.462
56.462
28.172
95,129
121,301
31,787
95,071
126.858
Other srnall donatlons and grants Aicbjde any ino)rn8 received kss than £10,0￿.

HARMONY YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
In¢ome from ch•ritable •ctivities
Unrn8trlctsd Unyestrlcted
fund$
fund$
2024
2023
Othèr charitsble Incomè
Other income
15,499
Income from Investments
Unr•strlcted Unre$tri¢ted
funds
funds
2024
2023
Interest receNable
206
Expendltur• on charftsblg adlvltlgs
2024
2023
Dlrect co¥ts
Slaff La)sts
Depreciation
Insurance
Ses5iC>nal work•rs
Sundry •xpens8S
Repairs. renewals and equipment
Other restricted expend(ture
Bank charges
Piof¢$sional fees
21,353
10,215
1.488
61,427
7,264
7.387
6.449
603
1.200
18.812
9,510
1,237
77.209
5,308
15,877
9.270
568
117,384
137.789
Analy•ls by fund
UnrestrKted fund5
ReslrKted fvnds
43,854
73,530
42.718
95,071
117,364
137.789
G¢varnanc8 costs of £1,20012023'. £NiD are induded in professional f•es above. relating to thè preparation
and examination ot the staiulory a¢¢ounts.

HARMONY YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 30 JUNE 2024
Net movement in fundB
2D24
2023
Th¢ not movemènt in funds is slated after tharginty(c¥editing}."
Depreciation of owned tangible fixed as59ts
10,215
9,510
Tru8ts•
None of the trustees {or any persons Connected wlth them) receNed any remuneration or benerrts frcffl th•
charlty during the year.
Employ•
The average monthly number of empltsyees during the year was..
2024
Numbèr
2023
Number
Admln
Employment co•t8
2024
2023
Wages and salarf¢s
21.353
18.812
Thero were no employees whose annual remuneration was more than £60,000.
10 Twtion
The charity is exempl from taxation on its acti￿lIeS ￿e#US• all its income is applied for tharitable PUfPOWS.
10-

HARMONY YOUTH PROJECT
NOTES fo THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
11 Tangible Tix•d assets
FIX￿￿¥￿ and Conyut•r8
Ilttlngs
Cost
Al 1 Juty 2023
100,045
2,095
102,140
At 30 June 2024
100,045
2,095
102,140
Deprncl¥llon and Imp•lmi•nl
At 1 Juty 2023
DepreciatNJn charged in the year
71,3n
10,005
1,748
210
73,121
10,215
At 30 June 2024
81.378
1,9S8
83,336
Carying arnount
AI 30 June 2024
18,867
137
18,8C
At 30 Junè 2023
28,672
347
29,019
12 Cr•dltorn: amounts falling due ￿￿thIn tsno y•ar
2024
2023
Accruals and dèferred incomè
1.200
13 R•strl¢tsd fund$
The restricted fund8 of the tharty comprise the unexpended balances of donalions and grants held C￿ trust
Subjed to speeAfie eondth.ons by donors as to how they may be used.
At l July 2023
In¢<bmlng Resources
résoure
expended
At 30 June
2024
Bolton Together
BBC Children in Need
Warm Spa¢È$
Bolton CVS- Community and Voluntary
SeNiees
Bolton CVS- Suicide Prevention
Small restricled funds
6,720
14.879
10,260
6,720
14,879
{10.2801
13.528
8.650
41.092
{13,5281
18,6501
{41.0921
95,129
173,5301
21,599
11

HARMONYYOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 30 JUNE 2024
13 Regtri¢ted fund$
Icontlnugdl
Prnvlou* y•ar.
At 1 Juty 2022
In¢omlng
r•sour¢tr*
Rèsourcès
•xpend•d
At30June
2023
Bdlon CVS- Community and Voluntary
S8Nlces
The Ashley FBmily Foundalion
Garfield Weston Foundatson
Main Grants AFA
Othèr small r&slrictad fvnds
11,000
9,750
20,000
9,730
44,591
111,000)
{9,750}
120,000)
19,7301
(44.591)
95,071
(95,071)
Bohon Togthr- Grantfor Iho'one Life PrO￿rt
BBC Children in Need - Impro￿n9 th8 lives of disadvantaged children
Warm Spaces- Grant to offer 8 Wam, safe and welcoming space for people in need to spend Ilm& in
Bolton CVS- Community and Voluntsry se￿i¢88- Grant for summ9r hollday adwitie$ and food fund
Bohon CVS- Suicide Prevenlion- Grant to 8UPPOrt the sulclde preventhon ￿mpaIgn
TheA$h¥ty F8mity Foundalion- Support for ctsmmunMes most In need
Garfield Weston Found*ion- Support forw8lfar8 and youth sectors
Main Grants AFA- Support for peo￿? who arg dlsadvantsged or i501aled
14 Unr•strlctsd funds
The unrestrlcted funds of the Charity comprise the unexpended balances of donations, grants and other
income whith ar8 not subject to spacffic conditions ty donors and gr8nlors as lo how Ihey may ba us8d.
At 1 Juty 2023
Incomlng
Esources
R•$our¢os
expond•d
At 30 June
2024
Ggneral funds
40,520
26,378
143,B54)
23.044
Pr•vlouB year.
Al 1 July 2022
Incoming
resourcos
R•sour¢
•xpènd
At30 June
2023
General fjjnds
35.952
47,288
{42.718)
40,520
12-

HARMONY YOUTH PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
1S Analysls of net assets betrhwn funds
Unr•strict•d Rostrktsd
funds
funds
2024
2024
T¢)tal
2024
At 30 Jun• 2024:
Tangible assets
Current assets
18.804
4,240
18.804
25.839
21,599
23,044
21.599
44,643
UnMtrlet¢d
funds
2023
Re$trlct•d
fvnd
2023
Total
2023
At 30 Junt 2023:
Tangible assets
Current assets
29,019
11,501
29,019
11,501
40.520
40,520
16 R•laièd party trangactlons
During the year, one of the trustee's provfded a loan lo the charlly Ihal was fvlty repald in the same Per￿ with
nothing oulslandlng at tho year ond and no intere51 charged.
13-

## **Chairman's Report** 

## **For the Year Ended 30 June 2024** 

As Chairman of Harmony Youth Project, I am pleased to present our annual report for the year ending 30 June 2024. This year has been a remarkable one for the charity, as we continue to fulfil our mission to support disadvantaged young people in Bolton and the surrounding areas through creativity, education, and essential support services. 

## **Our Vision and Achievements** 

Our charity remains steadfast in its commitment to empower young people and their families by addressing the challenges they face through innovative, community-driven initiatives. Over the past year, we have made significant progress in achieving our objectives: 

- **Arts, Music, and Youth Engagement Projects** : These programmes have provided a safe space for young people to express themselves, build skills, and foster cultural integration. They have also promoted racial harmony and creativity within our community. 

- **Climate Change Art Exhibition** : This event highlighted the creativity of young people while raising awareness about critical global issues. 

- **Housing Rights Programme** : We successfully launched an initiative to combat youth homelessness, providing vital support and education about housing rights. 

- **Expanded Food Bank and Referral Services** : In response to the rising demand, we extended our food bank services to help families in hardship. 

- **Collaborations to Tackle Youth Violence** : By partnering with local organisations, we enhanced our efforts to combat serious youth violence and provide support to atrisk young people. 

These achievements reflect our commitment to empowering individuals, strengthening community ties, and ensuring that our activities deliver lasting public benefit. 

## **Financial Performance** 

This year, the charity generated an income of £121,507 and achieved a net surplus of £4,123. This is a testament to our financial stewardship and the generosity of our grantmakers and donors. Our unrestricted reserves stand at £24,244, with £5,440 available as free reserves. 

While the financial climate remains challenging, we are committed to maintaining reserves that allow us to operate for six months in the event of funding disruptions. Our current financial position and cash holdings of £27,039 provide us with a solid foundation to continue our work. 



## **Governance and Risk Management** 

Harmony Youth Project is governed by a dedicated board of trustees who ensure that the charity adheres to its objectives and operates with integrity and transparency. This year, we have conducted a thorough assessment of the major risks facing the organisation and implemented systems to mitigate these risks effectively. 

Our trustees, who bring diverse expertise and commitment, are the backbone of our charity. I extend my heartfelt thanks to each trustee for their service, and I welcome any future appointments who will further strengthen our governance and leadership. 

## **Looking Ahead** 

As we move forward, we remain committed to serving disadvantaged young people and their families across Bolton and Greater Manchester. Our plans for the coming year include expanding our programmes, building new partnerships, and continuing to adapt to the evolving needs of our community. We are deeply grateful to our grant-makers, donors, and volunteers whose unwavering support makes our work possible. 

## **Gratitude** 

On behalf of the board, I would like to express my sincere gratitude to our staff, session workers, and volunteers. Their passion and dedication are the driving force behind everything we do. Together, we are creating opportunities, building resilience, and making a positive impact in the lives of young people and their families. 

As we reflect on the past year’s achievements, we look ahead with optimism and determination. Harmony Youth Project will continue to be a beacon of hope and support, empowering young people to thrive and reach their full potential. 

## **John Hynes** 

Trustee (Chairman) Harmony Youth Project 

Date: 04/02/2025