2022-03-31-accounts

			~PN
Reference and Administrative		Information
Trustees Report			2-8
Auditors Report			9-11
Statement of Financial	Activities		12
Balance Sheet			13
Statement of Cash Flows			14
Notes to the Financial	Statements		15-25

President:	President:		Sir Norman Stoller CBEKStJ DL	Sir Norman Stoller CBEKStJ DL	Sir Norman Stoller CBEKStJ DL	Sir Norman Stoller CBEKStJ DL	Sir Norman Stoller CBEKStJ DL
Trustees		at date report approved:	Christopher Wareing		(Chair)
			John Ainley
			Kashif Ashraf
			Dave Benstead
			Stephanie A Bolshaw
			Ann Ashton (Appointed			29.06.21)
			Janelle M Barker
			Adam J Poyner (appointed				25.05.21)
			Terry Flanagan
			Andrew Milnes
			Jonathan Lloyd
Other Trustees who served during year.			Lindsay Walsh	(resigned		25.05.21)
			Kathryn A Morley (resigned				25.05.21)
Chief Executive (interim):			Lucy Lees
Registered		Office:	Egerton Street
			Oldham
			OL1 3SE
Business		address:	Egerton Street
			Oldham
			OL1 3SE
Auditors:			Wrigley Partington
			Sterling House
			501 Middleton	Road
			Chadderton
			Oldham
			OL9 9LY
Bankers:			Natwest
			10Yorkshire Street
			Oldham
			OL1 1QT
Company	number:		06946098
Registered		Charity number:	1134427

					2022			2021
				Unrestricted	Restricted		Unrestricted	Restricted
			Note	Funds	Funds	Total	Funds	Funds	Total
				6	6	6	8	f	6
INCOME
Donations and legacies			2	653,433	67,749	721,182	962,582	633,343	1,595,925
Chantable activities.
Delivery income			3	134,476	464,722	599,198	25,294	407,138	432,432
Other trading acti wties;
Fundraising	events		4	143,850		143,850	5,484		5,464
Investment income				69		69	157		157
Otherincome				43 394		43 394	345699	500	346 199
Total incoming resources				976,222	532,471	1,507,693	1,339,216	1,040,981	2,380,197
EXPENDITURE
Raising funds			7	77,056		77,056	78,631		78,631
Charitable activities
Youth projects Governance		and activities	7 7	740,439 25,991	670,719 —	1,411,158 25,991	433,619 32,946	953,690	1,387,509 32,946
Tote I expenditure				843,488	670,719	1,514,207	545,396	953,690	1,499,086
Net (outgoing) incoming		resources
before other recognised		gains and losses		131,734	(138,248)	(6,614)	793,820	87,291	881,111
Other recognised gains and losses
Net movement In funds				131,734	(138,248	(6,514	793,820	87,291	881,111
Reconciliation offunds
Total funds brought forward				940,238	5,775,046	6,715,284	146,418	5,687,755	5,834,173
Total funds carried forward			19	1,071,972	6,636,798	6,708,770	940,238	6,775,046	6,715,284

		Note	2022	2021
			6	6
FIXEDASSETS
Tangible assets		12	5,713,656	5,884,656
Total fixed assets			5,713,656	5,884,656
CURRENT ASSETS
Stock		13
Debtors		14	579,272	562,582
Cash at bank and	in hand	15	678,016	675,897
Total current assets			1,257,288	1,238,479
LIABILITIES:
Creditors falling due within one year		16	262, 174	407,851
Net current assets			995,114	830,628
Net assets		20	6,708,770	6,715284
THE FUNDS OF THE CHARITY
Restricted income	funds	19	5,636,798	5,775,046
Unrestricted funds		19	1,071,972	940,238
Total charity funds		19	6708,770	6,715,284

Mahdlo (Oldham Youth Zone)	Mahdlo (Oldham Youth Zone)
STATEMENT OF CASH FLOWS:		YEAR ENDED 31		MARCH 2022
				Note	2022	2021
					F	6
Cash used in	operating activities			24	24,533	586,335
Cash flows from investing activities
Interest income					69	157
Purchase of tangible fixed assets					(22,483)	(244,823)
Sale of tangible	fixed assets					11,620
Cash provided	by (used in) investing	activities			~22, 434	~233,646
Increase/(decrease) in cash and cash		equivalents
in the year					2,119	353,289
Cash and cash	equivalents at the beginning		of the year		675,897	322,608
Total cash and	cash equivalents at the end ofthe year				678,016	675,897

Long leasehold	property	2'/o Straight	line
Property building	works	10~/o Straight	line
Club equipment		33.3'/o Straight	line
Office and electdical equipment		33.3'/o Straight	line
Furniture and fittings		33.3'%%d Straight	line
Motor vehicles		25'/o Straight	line

						Unrestricted	Restricted	Total	Total
						2022	2022	2022	2021
							g	8	F
2	Income from donations		and le		cles
	Patrons programme	and	donations			174,719		174,719	751,784
	DCMS grant re: Community			Match
	Challenge	project							436,076
	Gift Aid recoverable								8,065
	Covid-19 support grants					178,714		178,714
	BBCChildren in Need grant						67,749	67,749
	Local authority grants					300,000		300,000	400,000
						653,433	67,749	721,182	1,595,925
3	Income from charitable		a	tlvities
	Delivery income:
	Performance related	grants		(project	funding)		464,722	464,722	407,138
	Service level agreements					13,342		13,342	12,800
	Cafe and refreshments					28,300		28,300	(418)
	Facility hire Membership, fees and sale			of goods		62,055 30,779		62,055 30,779	6,904 6,008
						134,476	464,722	599,198	432,432
4	Income from other t	din		activl	les
	Fundraising events					143,850		143,850	5,484
						143,850		143,850	5,484
5	Investment Income
	Bank deposit interest					69		69	157
						69		69	157
6	Other Income
	Coronavirus job retention		scheme grant			19,804		19,804	325,936
	Staff secondment					13,820		13,820
	Profit on fixed asset disposal Other income					9,770		9,770	11,620 8,643
						43,394		43,394	346,199

					Charitable	activities
					dd
		.dpi	t	d	td 8 d=e a a tll	OQ	Total 2022f	Total 2021f
Costs directly allocated to activities
Staff costs		55,924			743,779		799,703	898,812
Recruitment and employee costs					14,814		14,814	5,463
Rent and property costs					194,143		194,143	118,163
Stationery and administration					9,074		9,074	8,207
Printing, promotions, advertising	and publicity	5,259			7,915		13,174	16,477
Telephone, data communication	and computer				24,353		24,353	37,562
Professional services
Depreciation					174,135		174,135	136,742
Loss on fixed asset disposal
Project delivery costs					77,809		77,809	88,918
Catering Bad debts					31,822 220		31,822 220	9,647
Fundraising		15,875					15,875	3,086
		77058			1 278,064		1 355,122	1,323077
Support costs
Staff costs					66,960	16,791	83,751	114,539
Recruitment and employee costs					3,703		3,703	1,366
Rent and property costs					21,572		21,572	13,129
Stationery and administration					1,008		1,008	911
Telephone, data communication	and computer				8,118		8,118	12,521
Professional services					8519		8,519	8,226
Audit						9,200	9,200	8,800
Depreciation					19,348	-	19,348	15,194
Loss on fixed asset disposal
Bank charges					3,866		3,866	1,323
					133,094	25,991	159,085	176009
Total expenditure		77,058			1,411,158	25,991	1,514,207	1,499,086

									Total	Total
8	Staffcosts								2022 8	2021
	Total staff	emoluments		for the	year were	as follows:
	Salaries								808,583	936,160
	National Insurance Pension								53,809 21,062	57,927 19,264
									883,454	1,013,351
9	Staff numbers
	The average monthly			head count was 63		staff (2021:79)and the average		monthly
	number of	full-time	equivalent		employees	during	the year were as follows:
									2022	2021
									Numtu¹	ffumber
	Charitable	activities							25	30
	Generating	funds							1	1
	Administration and		support						3	4
	Governance								1	1
									30	36

Net mov	ement in fund	s
					Total	Total
					2022	2021
					K	8
Net movement in funds		is arrived at after charging		/(crediting):
Depreciation oftangible		fixed assets	- restricted		143,708	111,548
Auditors	remuneration:		- unrestricted		49,775	40,387
Operating	Audit ofthe lease rentals	financial statements - Office equipment			9,200 3,541	8,800 4,214

	Long	Leasehold		Office &
	leasehold	Improve-	Club	electrical	Furniture &	Motor
	propertY	ments	Equipment	Equipment	fittings	vehicles	Total
est
At 1 April 2021 Additions Disposals	6,241,174	67,531 9,300	114,252 5,013	72,282 5,572	34,589 2,598	15,885	6,545,713 22,483
At 31 March 2022	6 241 174	76831	119,265	77,854	37,187	15,885	6,568,196
At 1 April 2021 Charge for the period Disposals	514,166 124,823	30,162 5,988	64,128 27,354	39,879 20,299	10,737 11,048	1,985 3,971	661,057 193,483
At 31 March 2022	638989	36150	91,482	60,178	21,785	5,956	854,540
Net Book Value
At 31 March 2022	5,602,185	40,681	27,783	17,676	15,402	9,929	5,713,656
At 31 March 2021	5,727,008	37,369	50,124	32,403	23,852	13,900	5,884,656
						2022	2021
						6	8

		2022f	2021 K
14	Debtors
	Trade debtors	129,065	61,699
	Other debtors	425,610	425,400
	Prepayments	17,097	27,218
	Accrued income	7,500	48,265
		579,272	562,582

	can b	e r	equested back from	equested back from	the trust as	and w	hen required at sho	rt notice.
15	Cash	at	bank and in hand
	Cash Cash	at bank in hand						677,809 207	675,474 423
								678016	675897
16	Creditors		amounts fallin		due within	one	ear
	Trade	creditors						4,905	110,745
	Other	creditors						1,959
	Accruals							84,307	130,871
	Deferred		income					171,003	166,235
								262, 174	407,851
	Movements on deferred			income account:
			Brought forward Released Income deferred		in current year			166,235 (166,235) 171,003	193,130 (193,130) 166,235
								171,003	166,235
17	0 eratin		lease commitments					2022	2021
								6	6
	The total		future minimum	lease payments		under	non-cancellable
	operating		leases are as	follows:
	Office	equipment leases		which expire:
			within one year					577	224
			between two	and	five years			4,796	8,690
			in over five years
								5,373	8,914

Anal I f aritabl n	Anal I f aritabl n	Anal I f aritabl n
Analysis offund movements:
			At				At
			1 April	Incoming	Resources	Gains	31 March
			2021	resources	expended	(losses)	2022
			6	6	6	6	6
Unrestricted funds:
General fund			940,238	975222	843,488		1,071,972
Restricted funds:
Acquisition ofproperty	at
Egerton Street, Oldham			3,695,697		(83,993)		3,611,704
Extension to property	at
Egerton Street, Oldham			2,026,297		(40,730)		1,985,567
Other fixed asset purchases			49,189	5,460	(17,881)		36,768
Fundraising event for
purchase of new vehicle			3,863		(1,104)		2,759
Funding from BBCChildren		In
Need towards new flooring		and
olhei' coals				67,749	(67,749)
Grants for project delivery				454,008	(454,008)
Others				5,254	(5,254)
Total restricted funds			5,775,046	532471	670,719		5,636,798
Total funds			6,716,284	1,507,693	(1,514,207)		6,708,770
An I isofn a s	betwe		f nds
				General	Designated	Restricted	Total
				Funds	Funds	Funds	Funds
				5		6	6
Tangible fixed assets Current assets Current liabihties Net assets 31 March 2022				76,858 1,136,689 141 575 1,071,972		5,636,798 120,599 120,599 5,636,798	5,713,656 1,257,288 262,174 6,708,770

Bedspace Ltd	Bedspace Ltd			63,000
North Ainley				61,250
Mr A Milnes	(Trustee)			61,000
Mr T Flanagan		(Trustee)		6800
The Mahdlo	Endowment		Trust	F425,400
				F431,450

Reconciliation ofn	et	moveme	nt in fund	s o net c	ash flow from o	eratin activ
					2022	2021
					E	E
Net movement in funds					(6,514)	881,111
Add back depreciation		charge			193,483	151,935
Add back (profit)/loss	on fixed asset disposal					(11,620)
Deduct interest income		shown	in investing	activities	(69)	(157)
Decrease/(increase)	in	stock				1,501
Decrease/(increase) Increase/(decrease)	in in	debtors creditors			(16,690) ~446,677	(422,336) ~44, 999
					24,533	586,335

ao (Oldham Yout			one)	For Information	only - not
				part ofstatutory	accounts
DETAILED INCOME AND			EXPENDITURE ACCOUNT:	YEAR ENDED 31 MARCH 2022
					2022	2021
					6	8
DONATIONS AND LEGACIES				2	653,433	1,595,925
INCOME FROM CHARITABLE ACTIVITIES				3	666,947	432,432
INCOME FROM OTHER TRADING ACTIVITIES				4	143,850	5,484
INVESTMENT INCOME					69	157
OTHER INCOME				6	43,394	346,199
					1,507,693	2,380,197
LESSEXPENDITURE:
Staffing costs
Salaries, Nl and Pension Freelance workers	Contributions			8	883,454	1,013,351
					883,454	1,013,351
Premises costs
Utilities					52,367	39,441
Waste management					3,307	2,276
Security Repairs, maintenance and		matedtals			11,567 93,431	6,848 40,865
Cleaning					36,916	23,553
Insurances					18,127	18,310
Loss on fixed asset disposal
Fixed assets depreciation					193,483	151,935
					409,198	283,228
Management costs
Telephone					10,718	14,502
Computer costs Professional fees					21,752 17,719	35,580 17,026
Bank charges Bad debts					3,866 220	1,323
Licences and partnering arrangements Staff recruitment, uniforms, travel and training					23,614 18,517	17,444 6,829
Marketing and communications					11,307	16,477
Administration Patron programme/general		events			10,082 1,867	9,119
Income generation events					15,154	2,374
Fundraising					721	712
					135,537	121,386
Delivery costs
Weekly programme consumables Celebration and promotion events Volunteer expenses					1,774 1,252 54	29,977 15,171 90
Project delivery costs Off site activity costs Catering and retail supplies					48,293 2,823 31,822	23,513 2,723 9,647
					86,018	81,121
TOTAL EXPENDITURE				1,514907		1,499,056
SURPLUS INCOME OVER			EXPENDITURE			881,111
				27