YPAC MANCHESTER LTD FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Registered Charity No. 1133626 Company Registration No. 07039253 YPAC MANCHESTER LTD INDEX PAGE NUMBER CONTENTS TRUSTEES ANNUAL REPORT INDEPENDENT EXAMINERS REPORT STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET STATEMENT OF CASH FLOWS 10.20 NOTES TO THE ACCOUNTS FOR MANAGEMENT PURPOSES ONLY 21 TRADITIONAL INCOME AND EXPENDITURE ACCOUNT YPAC MANCHESTER LTD Report of the trustees for the year ended 31 March 2025 The trustees present their annual directors, report and financial statements of the charity for the year ended 31. March 2025 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and the Accounting 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 1021 (effective l January 2019), Objectives a nd activities The purposes of the charity are: To advance In life and help young people, particularly those who are socially or economically dlsadvantaged, through,. a, the provislon of retreational and leisure tlme actlvitles provided in the Interest of soclal welfare, designed to improve thelr conditions of life. b, providing 5UPPOrt and activities which develop their 5k1115, capacities and capabilities to enable them to participate in society as mature and responslble individuals. The main activities are: Informal education through open access youth sessions Informal Education through Detached Youth work Term time play sessions and playschemes Supporting school pupils including transitions Health and well-being programmes Supporting Young Peoples employability The trustees confirm that they have referred to the Charity Commi55ion's guidance on public benefit when reviewlng the Charity'5 aim5 and objectives, in planning future activities, and setting the policies for the year. The charity furthers its charitable purposes for the public benefit through: Youth Work Programme Detached Youth work Employability support for 16-25 year olds Summer and holiday sessions Play work pro8ramme. A revlew of our achievements and performance Despite the challenges of ongoing reductions in public sector spending and increased competition for funds the charity has been able to maintain its services and continues to offer youth and play work in the areas of Ancoats, Miles Plattingi Newton Heath and Collyhurst. We continue to support local young people through 3 key strand5 of work., l. Young People in the Community 2. Young People at Home 3. Young People achieving and succeeding. YPAC MANCHESTER LTD We have continued our Youth and Play clubs and detached work this year. We made a decision to stop our play play provision to focus on youthwork delivery aimed at year 6 onwards. We have continued to develop our detached work around the Newton Heath and Philips Park areas of Manchester as well as consolidating our established work in Collyhurst and Miles Platting. Continued support for a group in Harpurhey. We have continued to work in Clayton and Openshaw as part of our detached work offer, partnering with Manchester Young Champs. Our developmental work has included Residential work, youth voice work, engaging educational activities, social action projects and art5 projects. Financial review In 2024-2025 our income decreased from the previous year by approximately £9,000. This reflects the change in funding around detached work, funding to support our additional youthwork sessions, increased funding for social action and our position as Lead organisation in a funded partnership. This year, our expenditure decreased by around £20,000 reflecting that our overall costs decreased. There was approximately £10,000 depreciation on various assets. We have a surplus of £16,426 compared to the surplus of £5,804 in the previous year. We are continuing to use surplus funds to ensure additional delivery. We will continue to assess the organisational expenditure during the year. Impact of Covld Pandemlc We are still working with the long-term impact of the covid measures on young people, workin8 With mental health, behavioural and emotional issues with some young people, though these have lessened greatly In the last year. Investment powers and policy The trustees, having regard to the liquidity requirements of operating the charlty, have kept available funds In a n interest-bearing deposit account. Reserves policy and golng concern The balance held in unrestricted reserves on 31" March 2025 was £93,903 of which all are free reserves, after allowing for f unds tied up in fixed assets. The trustees have reviewed the reserves policy in view of the financial performance for 2024-25 and agreed the following: Reserves Polic YPAC needs reserves to: Meet contractual liabilities should the organisation have to close. Thi5 includes redundancy pay and notice and amounts due to creditors. To meet unexpected costs like breakdown of essential office machinery, staff cover for illness, maternity leave, parental leave and legal costs defending the charities interests. To replace equipment as it wears out. Ensure that the charity can continue to provide a stable and quality service to those who need them. Within this context to minimise recruitment, staff training, staff induction and marketing costs by avoiding the need for redundancies caused by financial crisis. To provide working capital when funding is paid in arrears. YPAC MANCHESTER LTD From time to time funding has certain restrictions which mean that by law it must be held in a restricted reserve until it is spent in line with the funding agreement. The charity aims to maintain a general reserve of approximately 3 months running costs (approximately £70,000 in 2024-2025) and aims to do so by generating a Small surplu5 of £5000 per annum to go into the general reserve, The charity also aims to hold designated funds for potential redundancy or closure costs and working capital of approximately £IO,000- this figure to be reviewed annually subject to our potential redundancy liabilities. There are no funds that are materially in deficit. Income from funders does process over tax years. Therefore, and as mentioned, the Charity's expenditure for the reporting financial year can be more than its income. When the balance from the previous financial year is included, the charity has a cash surplus. The Charity's main source of income is grants. The Trustees consider that it is appropriate to prepare the accounts on a going concern basis and, consequently, the accounts do not include any adjustments that would be necessary if these sources of income should cease. Risk management The trustees have conducted a review of the major risks to which the charity is exposed, and systems have been esta blished to mitigate those risks. Plans for Future Perlods YPAC finalised a Business Plan for 2025-28 onwards focussing on increased youth work services. Further fundlng will be sought from other funders over the next financial year to secure the Charity over the next three years. Trustees are reviewing and revising the business plan and funding strategy. Structure, governance and management YPAC Manchester Ltd Iformerly Youth Project @ Apostles, and Cuthberys) is a company limited by guarantee governed by its Memorandum and Articles of Association dated 13 Oct 2009. It 15 registered as a charity with the Charity Commlssion and is constituted under a trust deed dated 20 January 2010. After a review In 2019-20, we refocussed our work on our Objectives. Appointment of trustees As set out in the Articles of Association trustees are elected annually by the members of the charitable company attending the Annual General meeting and serve for a period of one year upon whlch all trustees must be re-elected. Trustee Induction and tralnlng Trustee's start on the Board as non-executive members. This forms part of their induction and training. Appointment as full Board Members is made up to 12 months later. The exception to this induction process is for trustee5 who have knowledge and experience at holding a post of Trustee and Director elsewhere and/or significant knowledge and experience of YPAC. All trustees take part in 'Away Days, to learn more about the Charity. YPAC is a member of 2 infrastructure organisations who provide Trustee trainlng which include5, finance, governance, policy and procedures and law. YPAC MANCHESTER LTD Organisation The board of trustees adminlsters the charity. The board normally meets every two months. A Manager is appointed by the trustees to manage the day-to-day operations of the charity. Related partie5 and co-operation with other organisations None of our trustees receive remuneration or other benefit from their work with the charity, Any connection between a trustee or senior manager with any service providers must be disclosed to the full board of trustees in the same way as any other contractual relationship with a related party. In the current year no such related party transactions were reported. Reference and admlnlstrative information Charity Name: YPAC Manchester Ltd (Youth Project @ Apostles, and Cuthbert's) Charity Number: 1133626 Company Registration Number, 07039253 Directors and trustees The directors of the charitable company (the charity) are its trustees for the purpose of charity law. The trustees and officers serving during the year and since the year end were as follows: Key management personnel: Trustees and Dirertors William Orr Chair Tracy Sparkes Treasurer Claire Evans Hannah Brownhill Yolande Lerov (resigned November 2024) (resigned July 20251 Youth Work Manager Chris Macintosh Registered Offlce St Georges Youth and Community Centre Bothwell Road Manchester M40 7NY Independent Examiners Hilton Jones t/a Community Accountancy Service Hollinwood Business Centre Albert Street Oldham OL8 3QL YPAC MANCHEsfER LTD Bankers Co-operative Bank plc Balloon Street Manchester Trustees responsibilities in relation to the financlal statements The charity trustees (who are also the directors of YPAC Manchester Ltd for the purposes of company lawl are responsible for preparing a trustees, annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to Prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing the financial statements, the trustees are required to.. Select suitable accounting principles and then apply them consistently; Observe the method5 and principles in the applicable Charities SORP; Make judgments and estimates that are reasonable and prudent; State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statement5; Prepare the financial statements on a going concern basis unless it is appropriate to presume that the charity will continue in business. The trustees are re5pon5ible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. By order of the board of trustees William Orr Chair Date: 3, December 2025 Independent examiner's report to the trustee5 of YPAC MANCHESTER LTD I report on the accounts of the company for the year ended 31 Maich 2025, which are set out on pages 7 to 20. Respective responsibilities of trustees and examiner The trustees (who are also the dii'ectors of the company for the purposes of conipany law) are responsible for the pieparation of the accounts. The trustees consÉdei that an audit is iiot requii'ed for this year under section 144(2) of tlie Chai'itkes Act 2011 (the 201 l Act) and that an iiidependent examination is needed. The charity is required by company law to pi'epai'e accrued aLcounts and I am qualified to undertake the exaniination by being a qualified membei of 'l'hc Association of Chaitei'ed Cei'tified Accountants. Having satisfied myself that the charity is not subject to audit under company law and is eligible foi. independent examination. il is Iny I'esponsibility to: examine the accounts undei. section 145 of the 2011 Act ' to follow the procedures laid down in the general Directions given by the Charity Commission under section 145{b) of the 201 l Act; and to state wlietlier particular matters have come to my attentioi). Basis of independent examiner's report My examinatioii was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those recoi'ds. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations fA'om you as trustees concerning any such matters. The procedures undertakeii do not provide all the evidence that would be I'equii'ed in an audit and consequently no opiiiion is given as to whether the accounts pi'esent a 'true and fair view, and the i'epoit is limited to those matters set out in the statement below. Independent examiner's statement In comiection wilh my examinalion. no matter has come to my attention: ( l) which gives me i'easonable cause to believe tliat in any matei'ial i'espect the requii'ements to keep accounting recoi'ds in accordance with section 386 of the Coinpanies Act 2006. and to prepare accounts which accord with the accouiiting i'ecoi'ds, coniply with the accouiiting requii"ements of section 396 of the Companies Act 2006, and with the methods aiid princAples of the Statement of Recommended Pi'actice: Accounting and Reportiiig by Chai'ities have iiot been mel. Ol. (2) to which, in my Oplliion, attention should be drawn in order to enable a proper undei'standing of the accounts to be l'eached. James Hilton Jones Hilton Jones t/a Community Accountancy Service Hollinwood Business Centre, Albert Street, Oldhani OL8 3QL Date: 3, December 2025 YPACMANCHESTER LTD ATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 eondEx Includln Total Funds Total Funds Yèar En(led 31 March Year Ended 31 2025 March 2024 Unrestricted R•strlctèd Fund5 Funtls Further Delalljj Income from= Donations and 18gBdea Charftable Activities Olh6r Trdding Act1￿lIeS Olher Income Totsl 131 141 (51 319 39.430 12.550 135 51425 310 267.617 12,550 135 280,612 1,20D 288,09D 674 228,1B7 228.187 289.864 Expgndllum on: Charitablè AclivSlles (61 6,767 257.419 264.186 284.060 Toial 6,767 257.419 264,186 284,060 Net lncomellox￿￿dIlUIel 45.658 129,2321 16.426 Transfèrs be￿*•n ltsnds 11SI 17821 782 Net mov&m•nt In fund8 44,876 128,4501 16,426 5,804 Reconclllatlon of lunds Tolel funds brought forward Total fund8 carrled lorwofd {15} {151 59,027 103.903 74.624 46,174 133,651 150,077 127,847 133,6SI The ne8atlve unrestrlcted expendlture Is the rÈsult of the balance of HMRC employment allowance. The $lalement ol linanclal aclimlies Includèa All galns and loss￿ retogfitsad y881. Al kncome and expeThlilufe dorive Irom Contin￿n9 a¢tiwUe$ The on page$ 10 to 20 form part ol Ihege ￿￿￿711. YPAC MANCHESTER LTD BALANCE SHEeT AS AT CH2 Company Registratlon Number: 07039253 2025 2024 Notes Flxed assets.. Tang114e assèts Ttstsl flxfjd assel 9,740 9.740 19.925 19,925 Curr•nt assets-. Debtors Cgsh at Bank & in Hand Total currenl assets 112) 5,203 186.885 192.088 6,938 160.599 167,537 Llabllltles: Credllors.. Amounls falllng due wlthln one ye 113) 51,751 53.811 Net cuirent assets Or118￿11110s 140.337 113.726 Totsl assets leBs ¢urrenl li#bililio$ 150.077 133.651 TofBI net 80oet6 or IlabllllS 150,077 133,651 Th• fund8 ol thè charlty: Restrlcted incorne lunds 115) 46.174 74.624 Unrestrlcted Income funds 115 103,903 59,027 Total charlty fund$ 150.077 133.651 For the year In quesiion the company was entitled to the exernpllon from audlt under sectlon 477 01 the Companle5 Art 2C¥J6 felatln8 to small companles. . Ihe members have not requlred The company to obtaln an audlt of Its accounts for thè year In qtsèstlon In accordance wlth sectlon 476. - The dlrectors acknowledge thÈlr rèsponslbll1t1￿ for ci)mplwn8 wlth the ieqvlrementsof the Actwlth respect to accountln8 records and Ihe prepafatlon ol account& These accounts have beèn piÈpared In accordance wlth the p￿slOn5 appll¢able to companles subject to the small companles, rÈ81rnè. Approved by the tru5teES on 3rd Detember 2025 Otr ChAtr The nole6 on pa9￿ 10 lo 20 fomi pArt of thw *cwnts. YPAC MANCHESTER LTD ststèmènt of cash Flows ffx the year endlng 31 March 202S Y￿r Endod Yèar Ended 31 March 31 March 202S 2024 RecoTrclllatlpD of net movement In funds to net f35h flow from operailng a¢tlvltles Net movement In lund5 Add back depreclation Decreaselllncreasel In debtors Increasellde£reasel In tredltors 16.426 10,185 1,735 12,OSO) S,804 13,877 2,376 5,395 Net £ash used operatln8 actlvltles 26.286 27,452 cash flows from InveJlrn•nt •ctlvltl•s: Purchaso of asse16 15791 N•t cash provlded by Invg$tln9 Octlvltl 579 Inerè&8èJldÈerèas•l In cash 8nd cash equiv8lenls durfrrtJ Ihg year 26,286 26,873 Cash and eash •quIVa￿nIS t)rought forward 160.$99 133.726 C¥8h and caAh equlv•l•nt8 carrlod fon¥grd 186,885 160,599 YPAC MANCHEsfER LTD 10 Not￿ to accounts lorthe yeorended 31st March 2025 l. Accounting PDlicie5 lal Basls of preparatlofi and assessment of goin¥ con¢ein The accounts Iliftanclal statements) have been prepared under the historkal cost conventlon wlth Items recognlsed at cost ortran5aCtion value unless otherwise staled in the rdevant note5 to these accoun15. The financial statements have been prepared In accordance with the Statement of Recommended Pract4ce'. A(counting and Reporting by Charlties preparlng thelr a£cour*ts In accordance with the FinaFKial Reportin8 Standard applltkble in the UK and Republlc of Ireland IFRS 1021 Issued on 1st January 2019 and the Financial Reportlng Stand3Td applkable in the United Kln8dorn and Republic ol lieland IFRS 1021 and ihe Chariiies Att 2011. The charlty ionstltutes a publlc benefit entity as defined byFRS 102. The tiustees consSder that there are no materlal uncertainties about the tharity's ability to tontlnue as a golng con£ein. Ibl Fund8 Btructure Restricted f¥nds are funds which are to be used In accordance with specillc re5trktlon5 impD5ed bythe donor Of trust deed. There are 40 restricted lund3. Unrestrlcted Income funds comprise those Ivnds whlch the trustees a￿ Iree to use for any purpose In furtherance of the charltable objects. Unrestrlcted luods Include desi8n3ted lund¥ where the trustee5. ?t their dlscrEtion, have created a fund for 3 speelllc purpose. Further detalls ol each fund are dlsdosed In notÈ 15. ¢¢1 Inwme r¢w6nlllon All Income Is recognlsed once the chaTlty has entltlernent io the Income, It Is probable that the Income wlll be retelved and the amount ol Income receivable can be measured iellablv. Donatlons are recognlsed when thE charlty has been notihed In wrStln8 of both the amount and settlement date. In the event that a donatSon 55 subject to condltlons that require a level ol performance before the charlty Is entitled to the funds. the Income15 deferred and nDt reco8nlsed untll elther those conditiDn5 are fvlly met. or the fullllrnent ol those condltlonsls wholly wlthlTr the control of thE charlly èNI It Is probable thal those coDditloDs wlll be fulliiied In the reportln8 perlod. Interest on fund5 held on deposlt Is Included when recelvable and the arnount can b? mea5wed rellably by the charlty,. thI51s nofmally upon notlllcatlon of the Interest pald or payable by the bank. Dlvldends ère reco8nlsed once the dlvldend has been declared and notllkatlon has been re¢elved of the dlvbJeThJ Idl Expendlture RÈco8nltlon Llabllltles are recognlsed as expendlture as soon as there Is a legal or construttlve obll8ailon commlltlD8the charlty to thai expenditure, It Is probable that sett5ement wlll be requlred and thè amovnt ol the obligation can be rnèasurèd All expendlture Is accounted lor on an aicruals basls. All expenses lTrcludlnR SUPPOrt COSts and governance costs ère allocated or apportloned to the appllcable expenditure headlngs. For mole InloTmatlort on this altributlon refer to note In below. (el Irrecoverable VAT Irrecoverable VAT15 charBed agalnst the expendlture headlnK lor whlth 11 was I￿￿1red. If) Allocatlon of support and 8oveinance (Nts Supptsrt costs have bèén allocated between 8overnance costs and other sUPPQrt msts. Governance costs comprlse )11 costs InvolvlnB the publlc accounlabillty ol the ch3rlty and tts compllance wlth re8ulatlon and good practlce. These cosis In£lL*de costs related to independÈnl Èxamlnatlon and legal fees tO8ether wfjth an app0rtfonme￿t ol overhead and support ctssts. Governance costs and support COSIS relating to thwltable actlvltles have been apmloned based on type of expense. The allocatlon of support and 8overnance costsls analysed in note 8. 181 Charltable ActSvltle5 Costs of charltable actlvltles Snclvde 8overnance c05tsand an apportionment of support costs as shown In note 7. YPAC MANCHEsfER LTD li Notes to the a¢n scherne on behalf of lTrdl¥ldval5. The charlty ha5 no Ilablllty beyond rnakin8 Its contrlbuiion5 and paylng across ded￿tIOnS for the employee's contributlons. Ikl Debtors Trarte and other debtors are recogniied at the seltlement amount d[￿ after any trade dls¢ount offered. Prepayrnents are valued at the amount prepald net of any trade dlscounis 111 Credllors and provlslons Credltors and provlsltsns are recognlsed where the charlty ha5 a present obllRatlon resultlnglrom a past event that wlll probabty fe5uIt In the transfer of fundsto a third party and the amount due to settle ihe obll8atioo can be measured w estlmated rellablv. Credltors and provlslons are normally recognlsed at ihelr settltrnent amount aftei alhJwin8 tor any trade dlscountsdue. 2. Related party Ir8n¥acllon8 0nd Iru8t•ss' èxp•n8o8 and remunerallon The trustees all 8Sve freely thelr tlme and expertlse wlthovt any foim ol femuneratlon or other benefit In cash or klnd 12024.. £nlll. Expenses pald to Ihe trusiees In the year totalleis £nll12024: Enlll. Dlrector and Trustee C141re Evan5 was the CEO Of4￿ whkh lsaTh or8anlsallon re5ponslble loi dlstflbutlng Young Manchester 8rants. 3. Donatlon8 And L•gael Unr•8lrlct•d Ro8trfct•d Total Fund8 Total Fund8 Y•ar Endfrd Yè#r Endèd Y•8r Endod 31 Mar¢h 31 March 31 Morch 2026 2025 2024 Y•ar Endèd 31 Meich 2025 Donation$ 310 310 310 310 1.200 1,200 prevlous reportln8 PErlod Unr•strlcted R08trlet•d Total Fund8 Yeor Ended Ye8r Ended 31 March J1 March 2024 2024 Y•or Ended 31 March 2024 Donalbns 1.2C 1,200 1,200 1.200 YPAC MANCHESTER LTD 12 Noits to the a¢counts the yearended 3tst Marth Z025 4. Income from ¢horltsbl• aetlvltles Unrestrletad Rostricted Total Funds Totsl Funds Year Ended Yoar Endad Y•ar Ended 31 March 31 March 31 March 2028 2025 2024 Year Ended 31 March 2026 Unrestrlcted grant5'. 4CT- CRF 4CT- HAF EMYPP Playschemes Reclalm FEC Developmeni Mana8ement Morgan Sindall UK Youth P£ARS Rèslricl&iS granls.. Garfield Weston Manchester Clty Counc4- Ywlh ar¥J Play 4CT Llmiled. KCYPS Eas¢ 23 4CT- KCYPS 4CT- HAF 2023 4CT- HAF Summr 4CT L?miled- YoLAh ond Play East Hedley Foundation Manchesler Youth Zone GM Navigator Jlgsaw ManFhosl8r Clly Gouncll. Youth Bank Manche31er Youth Zono- KCYPS North Manche8ler Youth Zone- Youth and Plgy North The Nalkjnal Lotlery Manchesler City Coun¢il- Third Party Grants Young M8nchesler- Youlh Led Glrl$ Young Manch•81or- Youlh Led Thur8day Hanry Smllh Tudor Tru81 1,430 1,430 1.500 1.000 19,000 38.000 38.CQD 20.000 18.409 49,780 39.987 39,987 18,230 12.075 12.075 25,800 2.500 2.500 s.ooo 30,000 10,027 11,9B8 4,610 30,000 10.027 10.027 81.098 81.098 8.200 5,900 22,$00 30.000 288,090 45.fy)0 2.500 228.187 45,000 2,500 267,617 39,430 YPAC MANCHEStER LTD 13 Notes to the a￿OUnts fortheyearended 31st Mar¢h Z025 4. Inctsme frorn charitable xti￿tIeS Previous ￿pOr￿ng period Unreslficted Re5tricied Total Furtds Year Ended Year Ended 31 Mar¢h 31 March 2024 2024 Year Ended 31 March 2024 Unr85tricled grants.. 4CT- CRF Reclalm FEC Developmenl Manaoemenl Morgan Sind411 UK Youth PEARS Re$trlcled grants.. Garfield Weston Manchester Clly Council- Youlh Flay 4CT Limiled- KCYPS East 23 4CT- HAF 2023 4CT Llmiled - Youth and Play East Manche5t8r Youlti Zone GM Navlgalor$ Jlgsaw M8nch•sler Cfty Co¢Jncll. Youlh Bank Manch951er Youlh Zont. KCYPS North Manchester Youlh Zone. Youth Play North Tho N8llono1 Loltery Yo(tng Man¢he318r- Yotslh L8d Gids YoL*ng Manchester- Yovih Led Thursday Henry Smllh Tudor Trust 1,350 1.350 296 1,500 19X 19,000 20,¢CtyJ 18.409 49,780 16.230 25.800 20.0 18.409 49,780 16,230 25.800 5,OC4) t,S(M) 5.OCKI 30,0 10.027 11,986 4,610 8.200 5.900 22,500 .000 288.OXI 5,000 30,000 10,027 11.988 4.810 8.200 5.900 22,$00 30,000 264.944 23,146 S. Income fiom olh•r Iradlng aetlvltl&s Unrè8trftt•d R•strlti•d Total Fund8 Total Funds Yethr Endéd Year Ended Yoar Endod 31 Mèrch 31 March 31 M)Tch 2025 2026 2024 Year End?d 31 March 2025 Generated Income 12,550 12,550 12,550 12.550 574 574 Prevlo¢Js reportln8 perlod Unre8trl¢t R•slrlct•d Total Fvnds Year Ended Yo¥r Endgd 31 March 31 Marth 2024 2024 Yoor Ended 31 March 2024 Generated Income 574 574 $74 574 YPACMANCHESTER LTD 14 Notes to the a¢count$ for the ¥earended 31st Marth 20Z5 6. Expendlture Youth aTKI Year Ended Year Erthd Communlly 31 March 31 March Work 2025 2024 Expendlture on charltablo actlvltle8: Employmer*l Costs Recruilm8nl Training Freelance Fe Monltorfng System Consultancv Youth acliwty costs Thlrd Party Grants Pak1 Travel expense5 Equlpmenl eank Charges Mlnlbus Expens08 Telephone Rent Insur8ncè G0veinar￿a cos18 Posl, Prlnllng & Stationery Oepreclatlon 142.318 517 2.971 142,318 517 2.971 166,206 286 8.698 5,000 1,386 1.440 2,617 3e,351 38,968 758 1,440 2.617 38,351 38,968 758 82,475 425 3.272 73 1.102 2,721 14,925 1,378 1.735 502 13,877 284,060 284,080 2S 2,927 2.069 15.570 1,342 1.661 1,$62 10.185 264.188 264,186 2.927 2.089 15.570 1.342 1.661 1.562 10,185 264.186 264.186 Total Expendlture Restrlcted funds Unrestrlcted funds ZS7,419 8,767 2a4.ies 275,558 8,S02 264,080 7. Analysls ol expèndltur• on ¢harlt8ble ortlvllSe5 A8 per note 8. YPAC MANCHEStER LTD 15 Notes tolht atcounis lorthe yearended 31st March 2025 8. ANocatlon of govefll3nre and support cost5 The b￿akdOWn of support £ost5 and howthese were allocated between governan￿ and oiher support costs is shown below.. General Support 602 Govemanc• Total 2025 8a$18 of apportlonment 602 type ofexpense type ofeynse 65 type of expense O typ• ol exwse 1.661 Payrdl gureau Prol883lono1 Fees TnJstee Tiaining & AGM Costs Ac¢vuntsncy Fees 85 960 1,025 Genernl Support 602 13 Govemonce Total 2024 8a515 of apportEonrnent 602 type of expBnse 13 ty￿0( expense 160 type of 6xpen88 960 type of experts 1.735 Payroll 8ureau Professional Fees Trustee Tr8lnlng & AGM Costs Accountancy Fees 160 615 1.12D 9. Analys15 of staff costs Y•ar Ended Y•ar Ended 31 March 31 March 2026 2024 W89es and Salari•8 Redundancy Sotla1 Securlty Cos13 Penslon Costs 134,244 155,938 4,222 3,852 142.318 S.749 4,519 1e8,206 Ch8rll8ble O¢ilvlll08 Support CO915 142,318 166,2CK8 142.318 166,208 The average number of emWoyees durtng yoafWOS 11 ¢W￿0u1 yèar. 14). Thè charfty con8lder8 513 key management perBonnel eompilses the Irustees and Youlh Work Manag•r. The lolal employmènt benellts. IncludSn8 ernployer pension and NIC contributions ol the key management personnel wefe £41,092 Ipr8WOU8 yèar.. £41,298, includlng ernployer Fonsion c0nlrtbu1i(￿8l. Nts ern￿Oyee has benefils In exts$$ or £eo,OOD Ipr•vK)us year.. nonel. 10. Independont Examln•r F•0• Y•ar Endod Year Endèd 31 Ma￿h 31 Mareh 2026 2024 Ind8pen¢Jent exominalon lees 980 960 980 960 11. Tanglble Flxed Assuts Motor V•hlclo8 Equlpment Total C05t At l April 2024 Addltlons Al 31 March 202S 38,188 24JJ33 62,221 38.188 24,033 62.221 Depreclatlon Al 1 April 2024 Charge for Year At 31 March 2025 19,094 9.547 28,641 23,202 638 23,840 42,296 10.185 52,481 NET 800K VALUE At 31 March 2025 At 31 Mar¢h 2024 9547 19.094 193 831 9.74tl 19,925 YPAC MANCHESTER LTO 16 Notfr8 lolhg 8e¢our*s forthe year ended 31st March 2025 12. Analysls of debtors 2025 2024 Prepayments 6,938 6,938 5.203 Debtors and prepayments related to restrlcted fund5 £5,07812024: £6.8261 and unrestrlcted fund5 £12512024= Er4111. 13. Credltors: amounls folllng due wlthln one y￿1 2025 20 Creditor8 short.lerm cornp8ngoted absences IMld8y payl Oth8r credilois and accru81s Deferred income Taxation and social ¥wrlly costs 5.048 S,652 1,084 45.619 44,000 3,199 53,811 51.751 14. 0•1grrod In￿m0 Deferred Income compil8eJ gr8nls recdved In thanco. Balan￿ as at 1 Apill 2024 Amount released to Incc¥ne eained Irom charilaue Seb￿lIeS Amount detérred In year Bal8nc8 At 31 March 202S 44,000 144.0001 45.619 45.619 16. An8ly618 of charlt¥bl• lund8 Analy6lB ol movgmènt8 In unre8trlct•d lund$ Balanc¢ ¥t 1 Aprll 2024 Incomlng R•sourc•8 R•$ourtè* E¥pond•d Balanc• at 31 M)rch 202S Tran•f•r8 General Fund D•signaled Fund 29,527 29.500 59.027 S2.42S 16.7e71 18.778 19,500 782 93,903 10,000 103,903 52,425 8,7671 PrèvlDus ￿portIn& perlod 8alanc• at I Aprll 2023 lrt¢omln9 R•8our¢•8 R•sources Expgnded Balance at 31 March 2024 TTan8fpr8 G$neral Fund Deslgnaled Fund 7,494 29,500 36,994 24.920 la,5021 6.615 29.$27 29.500 59,027 24.920 .502 5,Bl5 Nornè ol unrostrlcl•d lund., General Fund D•slgn¥led Fund Descrlptlon. n8tur• and purpose of th• lund The'yree reserves" afler allo*ing lor all designated fundg For lUlU￿ fédundancy and dosui8 uJs18 YPAC MANCHESTER LTD 17 Notes to the account5 forthtyearended 31st March 2025 IS. Analy51$ of charitable funds Analy81s of movement8 In r$8trlctèd fund 8alan¢è at 1 Aprfl 2024 Incomong ResourceB Resources Expended Balance at 31 March 2026 Transfèrs Adaclus Housing- Jlgsow BBC Chlldren in Need Youth Inveslmenl FLM¥J Coltyhursl Big Local Canal & Rlver Trust Cyde and Slrfde 4CT Llmited- Health antt Wdlbe*g Fund Manchester Clty Counci1- Youlh and Play 4CT Limited- KCYPS East 23 4CT- KCYPS 4CT. HAF 2023 HAF 2024 4CT Llmtted- Work and Ski118 4CT- HAF Sumrner 4CT Llmhed- Youth and P18y Ea$1 Hedley Found81itsn Manchestef Youth Zone GM Nav￿alor$ Jlgsaw Manchester Clly CourKil- Y¢ulh Bank Man¢hg8l¢r Yo¥lh Zone- KCYPS North Manchester Youlh 2on¥- Youth and Play Nc¥th Th6 Nallonal Lollery Manchester Yothh Zone. KeeplryJ Children S8f6 (Northl NM Lollery GM Na¥￿81019 Oldharn Hub Manchestèr Clly C¢)uncU- Thlrd Poty Grants Young M8nehésier- Youth Led Thursday Henry Smith HMG Manchester Cily Cl￿ncl Manchester City Coun¢ll Publlc Health Monehesler Clly Councll EYMPP Young Manche$16r- Playseheme Youth Bank Mancheslor Youth Zone- CMC Man¢heiter Youth zOn￿YoUng Manche$lei NL¥ Manchester Youth Zone- EYSA North Manch8gter Youth Zone- Holiday A¢liwty Fund North Tudor Tru51 We Love M&nchè5ter sirow¥r Communftks 226 19,229 2.207 14341 19.5471 18521 (3101 12081 9.682 1.355 491 282 96 282 1.051 299 1.888 19551 771 1.070 {1.6881 {39,8351 {831 39.987 852 soo (s￿) 112.0751 {4571 12.5001 {3501 {1051 13,2411 122.44#1 {9.8171 12.075 7YJ 2.5￿) 350 105 1,759 21,800 210 635 14.249 30.0ty) 10.027 635 24 2.256 305 1241 18311 12501 12781 181.0981 16591 {66.3351 1,427 270 81.098 1,317 14,769 509 1.698 432 244 434 3.163 833 400 1.579 233 3.769 172 74.624 856 3,424 509 15 45.000 11,6831 1432) 12391 14341 13,163) 1280) 14001 3S3 1,679 12331 {6,2121 172 257.4191 57 228.187 782 46,174 YPAC MANCHESTER LTD Nolesto the ac¢ountsfor theyearended 31st March Z025 15. Analy515 of charltable funds An•lysls of movements In restrÉ¢ted lund$ Prevlou5 reportlng perlod Balance at 1 Aprll 2023 Incomlng Re8ourco8 R95OU￿0￿ Expended Balanc8 at 31 March 2024 Tran$l•rg Adaclus Hwslng. Jlgsaw Jlgsaw BBC Childffjn In Need Youlh Investment Fund Collyhurst Big Local Canal & River Trust Cycle and Str￿fj 4CT Llrntted- Young Man￿5¢er East 4CT Limrted- Keèplng Children Safe IEa$t) 4CT Llmlled- Health and Wellbeing Fund 4CT Llmiied- EYSA East 4CT Limited - EYSA East 22123 M8nehester Youth Zon8- EYSA North Manche819r CNY Counc41- Youth and Play 4CT Llmlled - KCYPS East 23 4CT- HAF 2023 HAF 2024 Manchesler Youth Zono- Holiday Activity Fund North 4CT Llmi18¢J. HolhlayAclSwty Fund SLtmmer Xmas 22 4CT Llmiled- MCR AclSve 4CT Limited- VRU 4CT LSmiled. Woth Skllls 4c7 LimllÉd- Youth and Play East Manchester Youth Zon•. HAF October North Manchester Youth Zontr GM NavKaalorg Menchesler City Coundl- Youth Bank Mgnchesler Youlh Zone- KCYPS Norlh Manche81er Youth zOr￿- Wollbeirtg Manchester Youth Zone- Y¢Juih and Pl¥y N(xlh The Nallonal Lollery P￿tcode Loll6ry Manche81er Youth Zw. Kee￿￿9 Children sa￿ INorthl NM Lollery GxrNèld Waston GM Navig81or5 Oksham Hub Young Man¢h85¢er- Ycutt Lad Glls Young Monchester- Yotjlh Led Thursday Henry Smith FtMG M8nch6sler Clly COU￿11 Manchester City Cosjncll Public He8tth Manchester Clly Council EYMPP Vb¢19 UK Youlh Young mar￿he81er- Foolball Young Manche8ler- PlayEcheme Yoltlh Bank Manchester Youth Zone- CMC Manchesler Youlh Zon8lYoung Manchester Manche51er Youlh Zone - EYSA Norih Mancheslei Youlh Zone- Holiday Adi*ily FuThJ Norfh Ronk Foundatio Tudor Trust Tudor Trust Siall Supporl Furwj We Love Manchester Stronger Crynmuniti8s We Love Manchester 1.130 {9021 15.0031 111,5481 228 30,777 2,207 4.524 2,180 1.783 1,903 1,919 1.929 1.138 173 19,229 2,207 801 282 (3.7231 {1.8781 (1,7631 {1.9031 18681 1,OSI 11.92g} 11.138) 11731 118.1101 148.092 116.1471 18.409 49.780 16.230 299 1,68B 83 593 1BO 15931 11801 171 12,6591 13751 127.251} 17} 14,650) 11,3951 115,7S11 110,0271 (2,0001 112,0351 14.5661 {3,7081 2.659 875 2.174 500 723 2S,8rAs 350 106 14,249 30.000 10,027 11.988 4.610 635 24 3,708 2,258 315 17 2,288 305 1101 {20.017) 20.OLKI 278 8.2CKI 5.900 22,50D 18.2CKJl 14.5831 112.8031 1,317 14.769 509 1,698 432 244 5.182 1.698 540 11081 12401 1881 (001 1701 (801 14.9741 12031 18291 {3901 70 514 8.137 434 3.163 B33 400 1,579 233 1.229 1,969 233 682 2,668 10 172 347 90.853 {682) 128.91n 110) 30.￿0 3.769 172 13471 275.558 264.944 15,615) 74,624 YPACMANCIIESTER LTD 19 Notes to the attounis lor the year ended 315t March 2015 IS. Analysis olcharitable funds Analysls olmowements In re5trlcted fu#d5 N8rn0 of restrlcied lund: Adactus Houslng-Jlg53W BBC Chlldren In Need Youth Investment FurKI Collyhurst Blg Local Cènal & Rlvei frust Cycle and Stride 4CT Llmlted- Health and Wellbelng Fund Manchester Clty Councll- Youth and Play 4CT Limlted- KCYPS East 23 Descrlptlon, nalurè and purpose of the fund ror lemi-linw weekly Playmjrk sè$sions towards salary costs ancl Fxoiect work with Ihe Jwilor You ror delivery of Sch¢￿1 V*Y)rkshops and school sessions lor a ts"-weekty cycling session until Auws12023 ror Ihe purchase of ¢y￿￿g •]uiprftenl forcyde prciect lor delivery ol Play PbJ5 healih and weN)eing Sessi￿ for 8.12 year old8 lo deliver Youthwork acb"%Aties be￿￿en January aThd Marth 2024 lo dellver delached in fvliles PlalliThJ. Newton Heath. CLayton aiKJ Openshw tr) de11verdel￿hed in N*leg Plai￿Tra. Nemion Healh, CLayloTr and Openshaw to provide a trmjklay r4ay$th8me (hjring Easter. Sunwner arKI Chrlstmas holdays to provth 8 Iw)￿Y F4aystheme thjriro Easter, SunThf Chilllmas holdoys 4CT Limlted- Work and Skllls for delivery of a NEET empbyatshly ¥oSslon bnUI June 2022 4CT- HAF Summer to provid8 a hoknjay I￿ayS¢heMe durfng Sumrner holidays 4CT Llmlted- Youth and Play Easi for )wlhv4Y)rk ¢osl$ in East Manche51gr Hedley Foundatlon for an outd(*)r educallonal re$lderflg1 Manchester Youth Zone for dÈlivèry of delaehed wcwk GM Navl8atoTs I￿ar¢S detscth￿ and 1..1 prO￿S￿)ft Jlgsaw r lrips and acliwlies fcfj ywng peopte in Mlles Plalling Manchestèrclty Councll. Youth 8ank lor young people to dellver a grant giving proGr8mme Manchester Youth Zone- KCYPS North lor detache(J YO￿h￿rI￿￿ kn Cdtyhurst and Miles Platting Manchester Youth Zone-yothh and Plty North lo delivw dela¢tsl in Coljyhurst and Harwr The Natlonal Lottery MthK)n H¢Jurs lunding for sunwner aclrvlle8 Manchester Youth ZonÈ- Keepln8 ChlldreTr Sale INorthl lor devdowg a knile ¢rima fo80u￿t NM Lottery Io PVOVK1e eswillal equiprnent for irbJWu#l ywng peO￿e durfng the Cowd Ixkdo* lof dellvery ol T￿lDIng aTrJ Ywlh knyjrk InlervenUcffi5 In 22123 lof oranls for Ih*d parfes 81 aclion pr(Jecl for TM*r8day dub Iow*d$ $810ry ts)sl$ ft*th& Sooal Enlerprfse 1¢* 0 10 we•k lafgeted Y￿th support proieci to deliver Trauma Informed Youth wort in 22123 to deliver a phot¢gr8phy proiécl across East Manch881er lor delivery of a stsmmer p￿Y5¢hOMe young people to dellver a granl Fwramme to supporl ￿entIf*d young pd>ple oth 0 1-1 bgsSs to provK1e 1-1 support lor young people 81 iiyk Ihfough krill• crime and 8erDu$ youlh wo16￿6 to deliver detached w￿k in Collyhurst and H￿P￿heY ror delSvery ol delached I￿)rk and lo¢>J prow8￿ kn Coltyhsjrnt and Newton Healh towards salary costs lo provide sw)wJrt lor year 11 young pgople1g¥ving sch)ol post pandemlc 4CT. KCYPS 4cr- HAF 2023 HAF 2024 GM Navl8ators Oldham Hub Manchester Clty Councll- Thlrd Pèrty Grants Young Manchester- Youth Led Thursday Henry Srnlth HMG Manche5terClty Council Manchester Clty Councll Public Health Manchestercity Councll EYMPP Young Manchester- Playscherne Youth 8ank Manchester Youth Zone- CMC Manchester Youth Zoneftoung Man¢hester North Manchesteryouth Zone- EYSA North Manchester Youth Zone- Hollday Aciivlty Fund North Tudor Trust We Love MEnchester StronBer Communities YPACMANCHESTER LTD 20 Note$to the actèunts lor the year ended 31st Maich 202S 16. Analysis ol net assets between fund¥ un￿$traCted Designated funds funds Restricted funds Total 2025 Tangible fixed assets Cash al bank and in hand Other nel current assetsllllabtlllie51 Tot41 9,740 83,108 148,6741 48,174 9.740 186.885 {46,5481 150.077 93.777 126 93.903 10.CIX) 10,000 Prowou? retx)rtlng pe￿d Unr•strtct fvnds Deslgnated lund$ Reslrlcted funds Tot¥1 2024 Tanoible fixed assets Cash ai bank and in hand Othèr nèl oJrr•nt ass6lsllliablliliesl Total 19.925 56.724 12.0251 74,624 19,925 160,599 146.8731 133,651 74,375 144.8481 29.527 29,500 29.500 17. Flnanclal Instrum•nls The ¢h8llty only has flnancl81 a5sel3 arKJ li8bililles of 8 kin¢J thal qualify as bask financlal Instruments. Basic financjal Instruments are inltlally recognLsed on a transacti￿ Value subsequenuy w¥ured al Ih8ir setuement value Ihe èxcgplion of bank loans which ar& sub3equentty m¢a5uied 8t an 8mortlsed c081 uslry the effeclive Interest mglhtsd. YPAC MANCHESTER ITD 21 rome and Éxpenditure Accourrt Y&r Ended Year Ended 31 Mardb 31 mS￿h ZO25 2024 Income Donations Other Income Unrestritted grants: 4CT- CRF 4CT- HAF EMYPP Pliyxhemes Retlalm FEC Devplopment Management Morgan SSnd811 UK Youth PEAMS Restricted 8rants'. Garfleld Weston Manchester city Countll- Youth and Plty 4CT Llmiied- KCYPS Ea$t 23 4CT- KCYPS 4CT- HAF 2023 4CT- HAF Svrnrner 4CT Limlted- Youth and Play East Hèdley Foundation Manchester Youih Zone GM Navl6ators Jl8SaW Manchester aty Councll- Youih Baftk Manchester Youth Zone- KCYPS North anchestef Youth lone. Youth afid Play North The Nafional Lottery MJn¢hester Clty Councll- Thlrd Paity Grants Yovna M&nthester. Youth Led Glr YouD8 Manchester- YDUth Led Thursday Henry Smlth TudorTrust Generated Incorne Total Intome 310 135 1200 1.420 1,OC(I 19.000 38.000 20.0 18.409 49.780 39.987 16.230 12.075 25.8NJ 5,000 5.OtL) 30.0 10.027 5,000 10.027 11.988 4,610 81.098 8.200 5.900 22,500 30.000 574 289￿84 45.ODO 12,550 280,612 Expendllvre Employment Costs Recrullment Tralnln8 Freelance Fees Moniiorln8 System CoNulianry Youth attlvity tosts Thlrd Parly Grants Pald Travel expen5E5 Eouipment eank Char6es Mlnlbus Expen5e5 Telephone Rent Insurance Govein8nce costs Post, Prlntlns & 5tatlonery Deprecl81Son YotBI Expendlture 142,318 517 2.971 18e.2 285 8.699 2.617 38.351 Je.968 758 82.475 425 3,272 73 1.102 2,721 11.925 1.378 1,735 502 13.877 284.060 2.927 2.089 1S.570 1.342 1.661 1.562 10.185 281.186 Surplv5lldElldt lor yearl 16.425 5.804