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2023-03-31-accounts

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REGISTERED COMPANY NUMBER: 06944425 (England and Wales) REGISTERED CHARITY NUMBER: 1134451

REPORT OF THE TRUSTEES AND

CONSOLIDATED AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

WIGAN BOYS & GIRLS CLUB

Fairhurst Statutory Auditor Chartered Accountants Douglas Bank House Wigan Lane Wigan Lancashire WN1 2TB

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2023

Page
Report of the Trustees 1 to 13
Report of the Independent Auditors 14 to 17
Consolidated Statement of Financial Activities 18
Consolidated and Charity Statement of Financial Position 19
Consolidated Statement of Cash Flows 20
Notes to the Consolidated Statement of Cash Flows 21
Notes to the Consolidated Financial Statements 22 to 36
Detailed Statement of Financial Activities 37 to 38

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

REPORT OF THE TRUSTEES for the Year Ended 31 March 2023

The trustees of the charity, who are also directors of the Company for the purposes of the Companies Act 2006, present their annual report and consolidated financial statements of Wigan Boys and Girls Club for the year ended 31 March 2023. The trustees confirm that the annual report and financial statements of the Company and its subsidiary comply with the current statutory requirements, the requirements of the Company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 06944425 (England and Wales)

Registered Charity number 1134451

Registered office

Wigan Youth Zone Parsons Walk Wigan Lancashire WN1 1RU

Trustees

G Speakman Chairman R J Ainscough (resigned 1/4/2022) N T Finch G S Foster L M McAllister J Salt H E Taylor (resigned 28/10/2022) P G Farrington C Beck J P Chadwick C Sweeney (resigned 1/6/2023) C H Parker Stubbs (resigned 15/9/2022) C Havers (appointed 29/11/2022)

Auditors

Fairhurst Statutory Auditor Chartered Accountants Douglas Bank House Wigan Lane Wigan, Lancashire WN1 2TB

Bankers

Barclays Bank PLC Wigan Branch Market Place Wigan, Lancashire WN1 1QS

Senior Management Team

Anthony Ashworth-Steen Executive Director Lisa Potter HR/Administration Manager Sikander Ali Youth Work Manager Nicola Varley Deputy Youth Work Manager Lynsey Heyes Head of Fundraising

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WIGAN BOYS & GIRLS CLUB

REPORT OF THE TRUSTEES for the Year Ended 31 March 2023

OBJECTIVES AND ACTIVITIES

Objectives

The trustees have referred to the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and planning our activities, and are confident that the charity meets the public benefit requirements. Wigan Boys and Girls Club (Wigan Youth Zone), the largest of its kind in the UK, is one of the leading providers of youth services in the Wigan Borough. We aim to create a better future for local disadvantaged 8-19 year olds (up to age 25 for those with additional needs) and to instil self-belief and confidence, increased aspirations and greater resilience in our members. We do this by offering a range of activities such as employment support, health and well-being, a first class sport provision and media and arts. We also offer more targeted provision to young people who are most at risk.

Aims

Provide quality youth provision in a safe environment in which young people can take part in a wide range of sports, arts and music activities in which they can develop their personal and social skills and qualities needed for learning, work and the transition to adulthood.

Raise young people's aspirations, build their confidence and resilience and provide them with information that will assist them in making the right lifestyle choices - particularly in relation to substance misuse and involvement in crime and anti-social behaviour.

Improve young people's physical and emotional health and wellbeing.

Make a significant impact on our local community through improved community cohesion and a reduction in crime and anti-social behaviour. Provide a real 'community' asset which promotes and facilitates close partnership working.

Give every young person a chance to succeed by providing employment, apprenticeships, education and training skills and opportunities for all abilities, and provide a strong and sustainable mentoring programme for those who need it most.

Develop our business model by ensuring we have a strong income generation strategy that grows private sector income, maintains and where possible increases a public sector income and develops innovative new funding steams that include all stake holders, our staff, volunteers and members, the community, businesses, their workforces and parents as well as maintaining a robust reserves policy in order to remain sustainable over the immediate and long-term future.

We regularly review our work to ensure we are meeting our aims. To deliver our aims to the best of our ability we partner with local agencies and are working towards a Bronze Award for our youth work under the Ambition Quality national standards framework.

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WIGAN BOYS & GIRLS CLUB

REPORT OF THE TRUSTEES for the Year Ended 31 March 2023

STRATEGIC REPORT

A message from Wigan Youth Zone’s Chair

It will be no surprise to anyone reading this report, that it has been a very difficult year for the charitable sector. Escalating costs twinned with an even more competitive fundraising climate, have added further pressure onto what was an already difficult challenge to raise c£2m a year to sustain our local charity.

We know that all young people, irrespective of background, have challenges growing up and therefore our universal youth services provide an opportunity for young people to engage positively, delivering benefits for them and the wider community. However, we have witnessed that the conditions for some young people we work with have been exacerbated by both the pandemic and the cost-of-living crisis. In the past year 41% (2,606) of young people we have worked with, live within the 20% most deprived areas in England. As a result, this has led to us supporting more young people with free memberships, entry to our services and meals and has also increased the demand for 1-2-1 support sessions for young people who are experiencing challenges in their lives. In total, we have witnessed a significant demand for the services of the charity over the past year with 6,310 individual young people accessing our services 78,605 times.

At the outset of the 2022/23 financial year and against the context of our 3-year plan, the strategic focus was in three main areas; service delivery, organisational sustainability and organisational development – and I am pleased to report that we achieved, or outperformed, the majority of our targets in each of these areas as detailed elsewhere in this report.

Service Delivery

In terms of our service delivery, we achieved the vast majority of our targets as we regularly celebrated the achievements of our members, ran three large-scale community focussed events, strengthened our existing partnerships and forged new ones and expanded our inclusion and employability services.

Organisational Sustainability

The charity has been running at an in-year financial deficit for several years (apart from 2020/21 when we had a significant surplus due to emergency Covid-19 funding) which has been planned, and approved, by the Board in the short-term to maintain our services for young people at a time when they arguably need our support more than ever. However, the aim of the Board is to achieve a break-even position each year to ensure the charity is as sustainable as any charity can be.

Our income targets for the year were mostly achieved with our grants and trusts programme exceeding target, corporate and community fundraising meeting target and Wigan Council maintaining their generous support. New major donor income was lower than budgeted whilst, simultaneously, several Patrons brought their support to an end (or lowered it). All in all, income for the Charity (all figures refer to Charity only unless stipulated otherwise) was £1.375m, just £34k lower than budget of £1.409m which, considering the circumstances, was quite an accomplishment. On the expenditure side, there were large positive and negative variances across the budgeted landscape, for example there were a number of staffing gaps over the course of the year which led to c£137k less expenditure than the c£1.467m budget, whereas the cost of Gas and Electricity, at c£140k, was more than double the budget reflecting macro issues. In total, the charity expenditure was c£1.969m, c£122k lower than the budget.

Taking everything into account the year-end deficit for the Charity was -c£593k - materially less than budgeted, but a deficit nonetheless.

The Trading Company brought in, and cost, more money than budgeted, resulting in an overall surplus of £1.6k against a budgeted surplus of £1k – this was after a £6k donation that was made from the Trading Company to the Charity.

Given the prevailing climate which we expect to continue, our strategy to bring on new, high-level, funders will take time and therefore the road to a sustainable financial position remains a longer one and one which will require more significant revenue investment over the next three years, which the Trustees have approved at a cost of c£495k. This is consistent with our current three-year strategy which, if successful, would see the Charity deliver a small cash surplus in the year to April 2026. To achieve this, we need to both increase our income and reduce our expenditure, whilst carefully monitoring our reserves, which at the end of the financial year remained healthy, representing 10/11 months cover.

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WIGAN BOYS & GIRLS CLUB

REPORT OF THE TRUSTEES for the Year Ended 31 March 2023

STRATEGIC REPORT – continued

Organisational Development

Over and above the direct work with young people and our underpinning finances, there has also been significant investment on our organisational development over the past year. We completed a capital expenditure programme to upgrade further the facilities on offer to young people, upgraded the IT infrastructure of the organisation and expanded our Communications Department. We also conducted a small-scale staff restructure to enhance the overall running of the Youth Zone which was an enhancement of and a redeployment of existing resources, not a cost cutting exercise.

Outlook

We have much to celebrate whilst also aspiring to achieve even more over the coming year and beyond. Our Trustee Board has been reflecting on the Vision and Strategic Roadmap for the Charity covering a 3 year period to 2026, which should be finalised by early 2024 and factored into our shorter term Plans.

I am looking forward to working with the Operational and Trustee team to make this a reality so that we can continue to offer our life-changing services to the young people of our borough, as we enter our eleventh year of inspiring and empowering the next generation to reach their full potential.

Gary Speakman, Chair

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WIGAN BOYS & GIRLS CLUB

REPORT OF THE TRUSTEES for the Year Ended 31 March 2023

STRATEGIC REPORT – continued

Our Vision

Inspire and empower the next generation to reach their full potential.

Our Values

Community Aspiration Belonging Respect Inclusivity Teamwork

Public benefit

All the activities of the Charity have been undertaken to further its charitable purposes for public benefit. The provision of high-quality services for young people responds to a clear, ongoing demand from young people, parents and wider communities for positive places for young people to engage with. Although providing a service to all young people, Wigan Youth Zone will encourage attendance and participation by young members of disadvantaged communities who will be able to enjoy affordable access to all the opportunities that the charity provides. Membership of Wigan Youth Zone is proved to have a positive impact on a range of measures including (but not limited to); improved confidence, reduced isolation, improved health, improving life skills and chances and increased aspirations to play a positive role in society.

The Trustees of Wigan Youth Zone believe they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission.

Last Year at a Glance

Wigan Youth Zone is a charity which inspires and empowers the next generation to reach their full potential - this is achieved through core universal services (accessible for anyone aged 8-19, up to 25 with SEND) and specialised targeted projects. Over the past year, some of our major highlights were as follows:

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WIGAN BOYS & GIRLS CLUB

REPORT OF THE TRUSTEES for the Year Ended 31 March 2023

STRATEGIC REPORT – continued

Last Year at a Glance – continued

Fundraising

At the outset of the financial year, we predicted that the fundraising climate would be a significant challenge, and this was our experience however our income was only short of budget by c£34k, which reflected a fantastic effort by our team and wonderful ongoing support from our stakeholders.

Wigan Youth Zone continued to rely on the support of the Local Authority and the support of Patrons, the local business community and grants giving organisations – without these income streams, the charity would not survive.

The Local Authority support continued at the same level as we have previously received, which is a significant investment each year – we are indebted to their support. In addition to this, we also had a positive variance, to budget, with our grants and trusts strategy (+c£84k). In contrast, our strategy of retaining and growing Patron investment did not come to fruition – in both cases we were unsuccessful with us falling short of our new income target and experiencing a loss of existing Patrons. In total there was a negative variance of c£99k in our Patron income, which had a knock-on effect on the coming year’s budget (23/24) as income had been forecasted in accordance with our targets.

The fundraising at Wigan Youth Zone is conducted by a professional team of four; Head of Fundraising, Corporate and Community Fundraising Manager, Grants and Trusts Bid Writer and the CEO – with support from a fundraising consultant (employed from Sept ’22) and the Board.

We are registered with the Fundraising Regulator and all staff are monitored through supervision to ensure that they are acting in a manner befitting a reputable charity. We have received no complaints about our conduct or fundraising efforts over the past year.

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DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

REPORT OF THE TRUSTEES for the Year Ended 31 March 2023

STRATEGIC REPORT – continued

Financial review

The Charity and trading subsidiary have adopted a strong budgeting framework and performance against it is monitored monthly by the Finance Committee (comprising of three members of the operational team and three trustees) and the wider Youth Zone board. All departments are allocated a budget for the year and there are different mechanisms in place to ensure that these cannot be exceeded without prior approval.

The table (left) provides an overview of the main income and expenditure streams and the performance to budget over the course of the year. The main analysis of these figures are as follows:

Charity Income

Patronage Income – over the course of the year, secured c£65k in new/increased patronage, however our target for the year was £75k. In addition to being c£10k under our targeted increase, we also lost c£89k in existing income – including a £50k donation which we were anticipating. Reasons cited for reducing/stopping support were the longevity of support provided to the charity (and wanting to redistribute philanthropy) and affordability in the current financial circumstances.

Other supporters – the variance of c£30k does not tell the full story, as c£9k of the over-performance in events was part of this income stream. Notwithstanding this, there is room for improvement in the future.

Grants and Trusts – continues to be an excellent source of support and vindicates the strategy to increase resource in this area two years ago.

Charity Expenditure

Salaries – the large underspend to budget of £143k was due to the following reasons: staffing gaps, vacant positions which we decided not to fill on a like for like basis, and a new position that was budgeted but we did not find a suitable applicant.

Premises – the variance of £25k is due to the significant increase in gas and electricity costs (+c£73k variance to budget). A reduction to the anticipated major repairs and replacement works of c£38k (partly due to charity costs being capitalised and partly due to the Trading Company paying for the renovations to the Café), helped to reduce the impact of the utility increase.

Investment – see investment policy and objectives.

Summary

Whilst there was a significant improvement against the budgeted loss, it does not take away from the fact that the charity deficit was still £593k, thereby utilising significant cash reserves to maintain the current service, which is not a long-term sustainable strategy. The Trustees are acutely aware of this and there is both an existing three-year plan and a refreshed strategy being finalised to taper down the reliance of the charity’s reserves through a simultaneous increase of the charity’s income and decrease of the charity’s expenditure.

The Group has £1,961m cash in the bank and has few trade debtors or creditors.

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WIGAN BOYS & GIRLS CLUB

REPORT OF THE TRUSTEES for the Year Ended 31 March 2023

STRATEGIC REPORT – continued

Principal funding sources

Annually, patrons of Wigan Youth Zone (both individuals and businesses) support the ongoing running of the Youth Zone costs by providing unrestricted funds at all levels on a voluntary basis. This Patronage programme, along with an annual fundraising events calendar and community engagement campaign, is a valuable source of unrestricted income.

We currently receive £425k per annum from the Local Authority and we are hopeful that this ongoing commitment will continue for the foreseeable future as this also provides a significant contribution to the charity’s unrestricted income.

The grants and trusts strategy continues to be effective, with excellent performance in the past financial year.

Investment policy and objectives

There are no restrictions on the Charity's power to invest. The investment strategy is set by the Trustees and takes account of the objectives of the Charity. Certain funds introduced by the Trustees/founder patrons are designated as restricted, as they have been applied to capital projects, including the costs of building and fitting out Wigan Youth Zone and The Venue.

During the 2020/21 financial year, Wigan Youth Zone made an investment of £250k, from reserves, into the TM New Court Fund managed by Thesis Unit Trust Management Limited. The fund is med-low risk and the investment is liquid.

Over the course of 2022/23, the value of the fund reduced from c£264k to c£248k – which was not a major surprise considering the extreme financial turbulence we have seen over the past year. On a positive note, the lowest the fund dropped to in the financial year was c£241k (in Q3) and therefore the c£248k (in Q4) indicates that the investment is starting to recover – we have seen this trend continue into the first part of the current financial year. Notwithstanding this, further fluctuations in value would not be unexpected.

Reserves policy

The Board of Trustees has established a reserves policy, in compliance with the Charity Commission guidelines, which it reviews annually – both the sum it wishes to hold in reserves in the unrestricted budget and the basis for that figure. In reviewing the potential costs that could arise should a significant reduction in income be incurred, the Trustees have determined that ‘free’ (unrestricted) reserves should be maintained at a minimum of 4-6 months, which in 2022/23, amounted to £0.990m (and £0.857m in 2021/22), and a maximum of 12 months.

As of 31 March 2023, free reserves for the Group stood at £2.120m which is approximately 10-11 months of unrestricted expenditure cover based on the 2023/4 budget.

In the three-year business plan to 2025/6, the Board have approved the expenditure of up to c£460k to cover the projected shortfall between the income and expenditure during the lifespan of the plan. This decision was made to ensure that the services for young people will be protected as much as possible during a turbulent fundraising and exponential increases to expenditure during economically uncertain times. Note, this is the cash position of the Charity and Trading companies only – and does not include projected growth in investment or expenditure on major repairs and replacements from the Capital Account.

Over the coming year there will be a mixture of ambitious, but realistic, fundraising targets set in conjunction with a series of savings made across the organisation over the next two years, before we hope to be able to make a small cash surplus in 2025/26.

The unrestricted reserve position to the end of 2025/26 is forecasted to be £1.238m (c7 months running costs) which are needed to meet the working capital requirements of the charity and its trading subsidiary. The Trustees are confident that they would be able to continue the current activities in the event of a significant drop in funding, at this level.

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WIGAN BOYS & GIRLS CLUB

REPORT OF THE TRUSTEES for the Year Ended 31 March 2023

STRATEGIC REPORT – continued

Strategic achievements and future developments

In the 2022-25 business plan, we had a number of targets – these are listed below along with some brief narrative as to performance against these:

  1. Sustain 5000 members and average 1500 visits each week and capture the impact through bi-annual social impact reports – achieved (6310 members and average weekly attendance was 1541).

  2. Celebrate the achievements of all our members through awards initiatives and by showcasing their development through case-studies (one a month) – achieved .

  3. Run four large-scale community events either at the YZ or across the borough designed to both increase membership and community awareness each year – achieved .

  4. Strategically identify three new delivery-focussed organisational partnerships designed to expand the membership and/or enhance the programme – achieved .

  5. Expand the inclusion, employability and outreach departments, as well as extend the mentoring programme, by securing external funding – partly achieved . Secured funding for employability and mentoring; part-funding for Outreach.

  6. Conduct an organisational restructure which makes the most efficient use of our resources – achieved .

  7. To raise £75k in new/additional patronage in 2022/23 – partly achieved .

  8. To raise £100k from a new corporate and community fundraising strategy in 2022/23 – partly achieved .

  9. To raise 200k (net) from the grants and trusts programme in 2022/23 – exceeded .

  10. To retain core Wigan Council support at £425k – achieved.

  11. To restructure the fundraising team and to recruit for additional fundraisers (including communications support) – partly achieved. Recruited a fundraising consultant and a Digital Communications Officer, but not a Philanthropy Manager.

  12. To develop a new five-year strategy for 2023-2028 – not achieved . Trustees wanted to pause this strategic exercise in order to prioritise other, more pressing, objectives – and, given the existence of a strategic three-year business plan, it was deemed that this would be a suitable in the interim.

  13. To achieve Cyber Essentials – not achieved. In order to achieve Cyber Essentials, we first needed to improve our IT infrastructure, which was achieved. We will now be working on implementing the necessary policies on order to meet the accreditation thresholds.

  14. To achieve the major capital expenditure works, on time and in budget – achieved.

Our 2023/24 targets are as follows:

  1. Sustain 5000 members and average at least 1200 visits each week, capturing impact through bi-annual social impact reports.

  2. Celebrate the achievements of all our members through awards initiatives and by showcasing their development through case-studies (one a month).

  3. Run four large-scale community events either at the YZ or across the borough designed to both increase membership and community awareness each year.

  4. Strategically review delivery-focussed organisational partnerships, filling gaps as needed, to expand the membership and/or enhance the programme.

  5. Expand the inclusion, employability and outreach departments, as well as extend the mentoring programme, by securing external funding.

  6. Conduct an organisational restructure designed to reduce the cost base of the charity, whilst having a limited impact on services.

  7. To raise £100k from new Major Donors in 2023/24.

  8. To raise £100k from corporate and community fundraising in 2023/24.

  9. To raise £250k (net) from the grants and trusts programme in 2023/24.

  10. To raise £50k from WYZ events in 2023/24.

  11. To retain core Wigan Council support at £425k.

  12. To develop a new five-year strategy for 2023/4-2028/9.

  13. To complete the IT improvements and achieve Cyber Essentials.

  14. To complete the employee journey review, with a view to having all changes operational by September 2023 – this includes the development of a system to ensure that all HR actions are completed, as proposed, the creation and roll-out of dashboards and to achieve our Good Employment Charter Member status.

  15. To go paperless and cashless by July 2023 and to launch an online booking system by January 2024.

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WIGAN BOYS & GIRLS CLUB

REPORT OF THE TRUSTEES for the Year Ended 31 March 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The company is registered as a charitable company limited by guarantee and is governed by a Memorandum of Association dated 25 June 2009.

Recruitment and appointment of new trustees

In 2022/23 there were the following changes to the Board of Trustees:

Resignations

R J Ainscough – resigned on 1[st] April 2022

C H Parker Stubbs – resigned on 15[th] September 2022

H E Taylor – resigned on 28[th] October 2022

Appointments

C Havers was appointed on 29[th] November 2022

N T Finch was elected Deputy Chair in September 2022.

All Trustees give their time voluntarily and receive no benefits from the charity.

Should an appointment need to be made, the process is as follows:

  1. Board of Trustees to approve position.

  2. Trustees asked to provide recommendations of suitable candidates.

  3. Advertise positions (should suitable candidates not surface from Trustee recommendations).

  4. Interview process with CEO, Chair and one other Trustee.

  5. Appointment made (if suitable; if not back to stages 2&3).

  6. Full induction process completed.

Induction and training of new Trustees

New Trustees are inducted according to a defined policy and are invited and encouraged to attend a series of short meetings to familiarise themselves with the charity and the context within which it operates. These will be jointly led by the Chairman and the CEO of the charity and cover: the obligations of trustees; the main documents which set out the operational framework for the charity including the Memorandum and Articles; resourcing and the current financial position as set out in the latest published accounts and future plans and objectives. All new Trustees are DBS checked, receive safeguarding training and receive governance training.

Organisational structure

The Trustees are entitled to hold office on a three-year rolling basis, in line with good governance, unless their office is terminated in accordance with the Articles of Association. Future Trustees must be appointed by resolution of the Trustees. In accordance with the Articles of Association the Trustees can hold meetings at any time – at present, Board meetings are bi-monthly.

The Trustees have appointed a suitably qualified senior management team to manage the operational activities of the charity.

The CEO is responsible for ensuring that the charity delivers the services specified and that key performance indicators are met. The Head of Operations and Youth Work Manager have responsibility for the day-to-day operational management of the charity, individual supervision of the staff team and also ensuring that the team continue to develop their skills and working practices in line with good practice. The HR & Office Manager ensures that all policies and procedures are in place and relevant.

The remuneration policy for the staff is agreed by the Remuneration and Benefits Committee which meets annually. The committee has agreed that it is the aspiration for all staff wages to follow Consumer Price Index meaning that all increases will be in line with this % (using February’s figure) as standard. Over and above this, wage increases will also be considered for top performers in line with the appraisal process.

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WIGAN BOYS & GIRLS CLUB

REPORT OF THE TRUSTEES for the Year Ended 31 March 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT – continued

Organisational structure – continued

In the coming financial year, we will be planning a small-scale restructure whereby we will not be filling the following vacant positions – Philanthropy Manager, Facilities Assistant, Rec Coordinator, Climbing and DofE Coordinator, Dance Coordinator. In the cases of the Rec, Climbing and Dance - the sessional hours that would have been delivered by the Coordinators will be backfilled. Over and above this, departmental hours will be reduced in cases where we do not believe it will have a significant impact on young people. No redundancies are planned as part of the exercise. We will also look to support staff with the cost-of-living crisis, but it is exceptionally unlikely for the charity to be in a position to meet the full CPI increase for the coming year – given we are already forecasting a significant deficit.

Risk management

The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustees have completed a risk register which lists the major risks the charity is exposed and the systems in place to mitigate these risks. The register is split into five areas (Financial, Strategic, Operational, Governance/Reputational, Facilities) and each risk is scored (out of five – 1 low, 5 very high) for likelihood and impact - these scores are multiplied together to give the Gross Risk. After the mitigations, the scores are updated and multiple together to give the Residual Risk. The scores are RAG rated 1-5 (low = green), 5-9 (medium = amber), 10+ (high = red).

The following overview shows the average Gross and Residual Risk figures for each of the five areas:

Volunteers

Our volunteer programme continued the momentum from the previous year - this includes our young leader’s programme whereby older members support our Junior sessions. In addition to these volunteers, we continued to have several people offering 1-2-1 mentoring with young people, and we benefitted from the time and expertise of our Trustees who volunteer a considerable amount of their time to support the organisation.

In total we benefited from 9802 volunteer hours over the year.

Relationship to OnSide

Since the establishment of Wigan Youth Zone there has been a very close relationship to OnSide and the network of Youth Zones around the country. The benefit of this relationship has been significant with a range of benefits including (but not limited to), database infrastructure, expertise consultation, shared services, joint fundraising initiatives, professional development programmes and collaborative fora.

Prior to the pandemic, OnSide formalised the relationship with the Youth Zone via a Network Agreement which specifies expectations on both parties - this was unanimously agreed by our Board. Expectations for Wigan Youth Zone include, as examples, targets of young people delivering to, quality of provision, branding compliance and a pursuit of excellence – all areas where the Youth Zone has a history of high performance.

Wigan Youth Zone is compliant with its obligations.

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WIGAN BOYS & GIRLS CLUB

REPORT OF THE TRUSTEES for the Year Ended 31 March 2023

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Wigan Boys & Girls Club for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare group financial statements for each financial year which give a true and fair view of the state of affairs of the charitable group and of the incoming resources and application of resources, including the income and expenditure, of the charitable group for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable group 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 charitable group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on ............................................. and signed on the board's behalf by: 12 December 2023 | 15:24 GMT

........................................................................ G Speakman - Trustee

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF WIGAN BOYS & GIRLS CLUB

Opinion

We have audited the financial statements of Wigan Boys & Girls Club (the 'charitable company') and its subsidiary (the ‘group’) for the year ended 31 March 2023 which comprise the Consolidated Statement of Financial Activities, the Consolidated and Charity Statement of Financial Position, the Consolidated Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, 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 to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements 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. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Page 14

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF WIGAN BOYS & GIRLS CLUB

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the 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 financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Page 15

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF WIGAN BOYS & GIRLS CLUB

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We assessed the susceptibility of the group's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

Due to inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing fraud or non-compliance with laws and regulations and cannot be expected to detect all fraud and non-compliance with laws and regulations.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Page 16

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF WIGAN BOYS & GIRLS CLUB

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

John B S Fairhurst BA(Hons) FCA (Senior Statutory Auditor) for and on behalf of Fairhurst Statutory Auditor Chartered Accountants Douglas Bank House Wigan Lane Wigan Lancashire WN1 2TB

12 December 2023 | 15:25 GMT Date: .............................................

Page 17

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2023

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
5
Youth projects and activities
Other trading activities
3
Investment income
4
Other income
Total
EXPENDITURE ON
Raising funds
7
Charitable activities
8
Youth projects and activities
Total
NET INCOME/(EXPENDITURE)
Tax on activities
Transfers between funds
19
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
Restricted
funds
funds
£
£
734,825
395,641
134,047
-
216,816
-
1,819
-
39,741
-
1,127,248
395,641
99,596
3,991
1,702,248
308,730
1,801,844
312,721
(674,596)
82,920
-
-
90,061
(90,061)
(584,535)
(7,141)
2,704,278
6,969,282
2,119,743
6,962,141		 2023

Total
funds
£
1,130,466
134,047
216,816
1,819
39,741
1,522,889
103,587
2,010,978
2,114,565
(591,676)
-
-
(591,676)
9,673,560
9,081,884		 2022
Total
funds
£
1,145,002
140,110
159,027
70
34,187
1,478,396
68,119
1,796,271
1,864,390
(385,994)
-
-
(385,994)
10,059,554
9,673,560

The notes form part of these financial statements

Page 18

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

CONSOLIDATED CHARITY STATEMENT OF FINANCIAL POSITION 31 March 2023

Notes
FIXED ASSETS
Tangible assets
14
Investments
15
CURRENT ASSETS
Debtors
16
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
17
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
19
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Group
2023
£
6,945,644
248,259
7,193,903
166,487
1,961,206
2,127,693
(239,712)
1,887,981
9,081,884
9,081,884
2,119,743
6,962,141
9,081,884		 Group
2022
£
6,961,265
263,808
7,225,073
170,676
2,438,020
2,608,696
(160,209)
2,448,487
9,673,560
9,673,560
2,704,278
6,969,282
9,673,560		 Charity
2023
£
5,199,384
2,248,261
7,447,645
230,158
1,873,827
2,103,985
(196,619)
1,907,366
9,355,011
9,355,011
2,681,169
6,673,842
9,355,011		 Charity
2022
£
5,208,128
2,263,810
7,741,938
235,872
2,387,680
2,623,552
(147,169)
2,476,383
9,948,321
9,948,321
3,128,603
6,819,718
9,948,321

The financial statements were approved by the Board of Trustees and authorised for issue on 12 December 2023 | 15:24 GMT............................................. and were signed on its behalf by:

............................................. G Speakman - Trustee

The notes form part of these financial statements

Page 19

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

CONSOLIDATED STATEMENT OF CASH FLOWS

for the Year Ended 31 March 2023

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash used in operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
Net cash used in investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
2
Cash and cash equivalents at the end of
the reporting period
2		 2023
£
(317,620)
(317,620)
(161,013)
1,819
(159,194)
(476,814)
2,438,020
1,961,206		 2022
£
(208,849)
(208,849)
(16,897)
70
(16,827)
(225,676)
2,663,696
2,438,020

The notes form part of these financial statements

Page 20

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

NOTES TO THE CONSOLIDATED STATEMENT OF CASH FLOWS for the Year Ended 31 March 2023

1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net expenditure for the reporting period (as per the Statement of
Financial Activities)
Adjustments for:
Depreciation charges
Loss/(gain) on investment
Interest received
Decrease in debtors
Increase in creditors
Net cash used in operations
2.
ANALYSIS OF CASH AND CASH EQUIVALENTS
Cash and cash equivalents
Total cash and cash equivalents		 2023
£
(591,676)
176,635
15,549
(1,819)
4,189
79,502
(317,620)
2023
£
1,961,206
1,961,206		 2022
£
(385,994)
171,424
(8,847)
(70)
6,277
8,361
(208,849)
2022
£
2,438,020
2,438,020

3. ANALYSIS OF CHANGES IN NET FUNDS

ANALYSIS OF CHANGES IN NET FUNDS
Net cash
Cash at bank and in hand
Total		 At 1/4/22
£
2,438,020
2,438,020		 Cash flow
£
(476,814)
(476,814)		 At 31/3/23
£
1,961,206
1,961,206

The notes form part of these financial statements

Page 21

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the 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 applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Basis of consolidation

The group financial statements consolidate the financial statements of Wigan Boys and Girls Club and its subsidiary to 31 March 2023.

The consolidated financial statements include the results of the activities described in the Report of the Trustees, all of which are continuing.

Significant judgements and estimates

Preparation of the financial statements requires management to make significant judgements and estimates. The items in the financial statements where these judgements and estimates have been made include:

(a) Impairment of fixed assets

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in the profit or loss. If an impairment loss is subsequently reversed, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset in prior periods. A reversal of an impairment loss is recognised immediately in the profit or loss

(b) Useful economic lives

The useful economic lives of fixed assets are assessed on an annual basis based on the latest available information. Management believe that the useful economic lives being used currently are still appropriate.

Income

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Donations and similar incoming resources are included in the period in which they are receivable, which is when the charity becomes entitled to the resource.

Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable, except for those grants which are for a future specific period, in which case the relevant amount is deferred to that period.

Investment income is recognised in the year in which it is receivable.

Expenditure and irrecoverable vat

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Expenditure on raising funds are those costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.

continued...

Page 22

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

1. ACCOUNTING POLICIES - continued

Expenditure and irrecoverable vat – continued

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services, and include both direct and support costs relating to these activities.

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees.

Value Added Tax ('VAT') is not recoverable by the Charity and the relevant costs are stated gross in the Statement of Financial Activities. The trading subsidiary is registered for VAT.

Government income

Government income comprises grants and subsidies provided as a direct result of the Covid-19 pandemic and is recognised in the period to which it relates.

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation and impairment.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold land and buildings - 10% on cost and 1% on cost Website development costs - 10% on cost Fittings, furniture and equipment - 10% on cost Motor vehicles - 20% on cost Computer equipment - 25% on cost Software development - 25% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

The charity is able to recover taxation on Gift aid and makes periodic reclaims, with the credits taken to Income in the period when received.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in note 18 to the financial statements.

Designated funds

Designated funds are set aside by the Board of Trustees out of the general funds for specific future purposes or projects.

Fixed asset investments

Fixed asset investments in shares in subsidiary undertakings are stated at cost. Other investments are carried at fair value in the balance sheet, with any adjustments to the market price of the shares recognised through the Statement of Financial Activities.

Financial instruments

The charitable group only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Related party loans have no stated interest rate, are payable within one year and are measured at the undiscounted amount due.

continued...

Page 23

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

1. ACCOUNTING POLICIES - continued

Legal status of the charity

The Charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £10.

Financial performance of the charity

The summary financial performance of the Charity alone is:


Incoming resources
Resources expended
Governance costs
Net incoming/(outgoing) resources
Total funds brought forward
Total funds carried forward
Represented by:
Unrestricted funds
Restricted funds		 2023
£
1,375,313
(1,950,607)
(18,016)
(593,310)
9,948,321
9,355,011
2,681,169
6,673,842
9,355,011		 2022
£
1,339,072
(1,729,549)
(18,383)
(408,860)
10,357,181
9,948,321
3,128,603
6,819,718
9,948,321

The consolidated statement of financial activities includes the results of the Charity’s wholly owned subsidiary, Wigan Boys & Girls Club (Trading) Limited (registered company number: 08891815 and with the same registered office as the charity). The company provides a subsidised catering service and provides an entertainment venue for the senior group.

The charity owns the entire Share Capital of 1 ordinary share of £1, 1 A ordinary share of £1 and 2,000,000 preference shares of £1. A summary of the trading results is shown below:


Turnover
Other income
Cost of sales and administration costs
Net profit
Tax
Retained in subsidiary
The assets and liabilities of the subsidiary were:
Fixed assets
Current assets
Current liabilities
Total net assets
Aggregate share capital and reserves		 2023
£
64,011
83,565
(145,942)
1,634
-
1,634
£
1,746,259
114,096
(133,480)
1,726,875
1,726,875		 2022
£
63,305
76,019
(116,458)
22,866
-
22,866
£
1,753,137
75,531
(103,427)
1,725,241
1,725,241

continued...

Page 24

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

2.
DONATIONS AND LEGACIES
Donations
Gift aid recoverable
Grants
3.
OTHER TRADING ACTIVITIES
Fundraising events
Rents received
4.
INVESTMENT INCOME
Deposit account interest
5.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Shop and café income
Youth projects and activities
Membership and club entry fees Youth projects and activities
6.
OTHER INCOME
Other income
Government income
Gain on revaluation of investment
7.
RAISING FUNDS
Raising donations and legacies
Fundraising expenditure
Shop and café expenditure		 2023
£
688,649
7,594
434,223
1,130,466
2023
£
172,992
43,824
216,816
2023
£
1,819
2023
£
64,011
70,036
______
134,047
2023
£
39,741
-
-
39,741
2023
£

42,395
61,192
103,587		 2022
£
712,941
15,818
416,243
1,145,002
2022
£
104,994
54,033
159,027
2022
£
70
2022
£
63,305
76,805
______
140,110
2022
£
21,986
3,354
8,847
34,187
2022
£
25,330
42,789
68,119

Page 25

continued...

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

8. CHARITABLE ACTIVITIES COSTS

Direct
Costs (see
note 9)
Support
costs (see
note 10)
£
£
Youth projects and activities
1,970,960
40,018
9.
DIRECT COSTS OF CHARITABLE ACTIVITIES		 2023
2022
£
£
2,010,978
1,796,271
Staff costs
Insurance
Light and heat
Rates and water
Telephone
Postage and stationery
Advertising
Sundries
Activity delivery costs
Training and recruitment
Legal and professional fees
Security
Travelling and entertainment
Computer expenses
Subscriptions
Clothing and uniforms
Repairs and maintenance
Donations paid
Depreciation
10.
SUPPORT COSTS
Youth projects and activities
11.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging:
Auditors' remuneration
Depreciation - owned assets		 2023
£
1,309,566
30,113
182,654
1,324
12,542
5,467
6,731
7,059
87,585
3,660
19,345
192
8,351
26,955
9,350
2,283
50,148
31,000
176,635
1,970,960
Finance
Governance
costs
2023
£
£
£
17,689
22,329
40,018
2023
£
11,050
176,635		 2023
£
1,309,566
30,113
182,654
1,324
12,542
5,467
6,731
7,059
87,585
3,660
19,345
192
8,351
26,955
9,350
2,283
50,148
31,000
176,635
1,970,960
Finance
Governance
costs
2023
£
£
£
17,689
22,329
40,018
2023
£
11,050
176,635		 2022
£
1,210,778
27,679
83,502
2,183
11,941
7,447
1,670
2,411
91,512
2,415
6,550
2,517
5,969
23,001
12,086
4,983
84,794
21,000
171,424
1,773,864
2022
£
22,407
2022
£
11,220
171,424

Page 26

continued...

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

12. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.

13. STAFF COSTS

STAFF COSTS
Wages and salaries
Social security costs
Other pension costs		 2023
£
1,201,501
78,656
29,409
1,309,566		 2022
£
1,111,967
70,177
28,636
1,210,780

The average monthly number of employees during the year was as follows:

The average monthly number of employees during the year was as follows:
Charitable activities
Generating funds
Administration		 2023
72
4
9
85		 2022
72
4
7
83

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

2023 2022
£60,001 - £70,000 1 1

continued...

Page 27

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

14. TANGIBLE FIXED ASSETS

GROUP
COST
At 1 April 2022
Additions
At 31 March 2023
DEPRECIATION
At 1 April 2022
Charge for year
At 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 March 2022
COST
At 1 April 2022
Additions
At 31 March 2023
DEPRECIATION
At 1 April 2022
Charge for year
At 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 March 2022		 Motor
vehicles
£
18,000
-		 Long
Fittings,
leasehold
Website
furniture
land and
development
and
buildings
costs
equipment
£
£
£
7,543,695
45,228
538,788
87,028
-
51,610
7,630,723
45,228
590,398
732,880
33,103
497,311
101,100
4,522
63,890
833,980
37,625
561,201
7,456,333
7,603
29,197
6,810,815
12,125
41,477

Computer
equipment
Software
development
Totals
£
£
£
291,866
10,000
8,447,577
22,375
-
161,013
314,241
10,000
8,608,590
201,017
10,000
1,486,311
3,523
-
176,635
204,540
10,000
1,662,946
109,701
-
6,945,644
90,849
-
6,961,265		 Long
Fittings,
leasehold
Website
furniture
land and
development
and
buildings
costs
equipment
£
£
£
7,543,695
45,228
538,788
87,028
-
51,610
7,630,723
45,228
590,398
732,880
33,103
497,311
101,100
4,522
63,890
833,980
37,625
561,201
7,456,333
7,603
29,197
6,810,815
12,125
41,477

Computer
equipment
Software
development
Totals
£
£
£
291,866
10,000
8,447,577
22,375
-
161,013
314,241
10,000
8,608,590
201,017
10,000
1,486,311
3,523
-
176,635
204,540
10,000
1,662,946
109,701
-
6,945,644
90,849
-
6,961,265
18,000 8,608,590
12,000
3,600		 1,486,311
176,635
15,600 1,662,946
2,400 6,945,644
6,000 6,961,265

continued...

Page 28

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

14. TANGIBLE FIXED ASSETS - continued

CHARITY
COST
At 1 April 2022
Additions
At 31 March 2023
DEPRECIATION
At 1 April 2022
Charge for year
At 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 March 2022
COST
At 1 April 2022
Additions
At 31 March 2023
DEPRECIATION
At 1 April 2022
Charge for year
At 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 March 2022		 Long
leasehold
land and
buildings
£
5,726,897
76,306
5,803,203
618,900
82,825
701,725
5,101,478
5,107,997
Motor
vehicles
£
18,000
-
18,000
12,000
3,600
15,600
2,400
6,000		 Website
development
costs
£
45,228
-
45,228
33,103
4,522
37,625
7,602
12,124
Computer
equipment
£
176,490
22,375
198,865
168,183
3,523
171,706
27,159
8,307		 Fittings,
furniture
and
equipment
£
489,725
36,882
526,607
416,025
49,837
465,862
60,745
73,700
Totals
£
6,456,340
135,563
6,591,903
1,248,212
144,307
1,392,519
5,199,384
5,208,128

continued...

Page 29

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

15. FIXED ASSET INVESTMENTS

GROUP

COST OR VALUATION
At 1 April 2022
Revaluations
At 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 March 2022		 Other
investments
£
263,808
(15,549)
248,259
248,259
263,808		 Totals
£
263,808
(15,549)
248,259
248,259
263,808

There were no investment assets outside the UK.

CHARITY

COST OR VALUATION
At 1 April 2022
Revaluations
At 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 March 2022		 Shares in
group
undertakings
£
2,000,002
-
2,000,002
2,000,002
2,000,002		 Other
investments
£
263,808
(15,549)
248,259
248,259
263,808		 Totals
£
2,263,810
(15,549)
2,248,261
2,248,261
2,263,810

Cost or valuation at 31 March 2023 is represented by:

Valuation in 2021
Valuation in 2022
Valuation in 2023
Cost		 Shares in
group
undertakings
£
-
-
-
2,000,002
2,000,002		 Other
investments
£
4,961
8,847
(15,549)
250,000
248,259		 Totals
£
4,961
8,847
(15,549)
2,250,002
2,248,261

continued...

Page 30

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

15. FIXED ASSET INVESTMENTS - continued

The company's investments at the balance sheet date in the share capital of companies include the following:

The charity's investments at the Statement of Financial Position date in the share capital of companies include the following:


the following:
Direct/Indirect
Subsidiary Principal Activity % Holding Holding
Wigan Boys & Girls Club (Trading) Catering 100% Direct
Limited

16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors
Amounts owed by group undertakings
Other debtors		 Group
2023
£
99,006
-
67,481
166,487		 Group
2022
£
106,557
-
64,119
170,676		 Charity
2023
£
72,477
90,387
67,294
230,158		 Charity
2022
£
84,023
90,387
61,462
235,872

17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Social security and other taxes
Accruals and deferred income		 Group
2023
£
57,801
27,771
154,140
239,712		 Group
2022
£
5,249
25,118
129,842
160,209		 Charity
2023
£
20,210
27,771
148,638
196,619		 Charity
2022
£
3,286
23,387
120,496
147,169

Deferred income is comprised of several restricted funds that relate to periods beyond the financial year end.

18. ANALYSIS OF NET ASSETS BETWEEN FUNDS

General
unrestricted
funds
£
Fixed assets
Investments
-
248,259
Current assets
1,892,718
Current liabilities
(146,234)
1,994,743		 Designated
funds
£
-
-
125,000
-
125,000		 Restricted
funds
£
6,945,644
-
109,975
(93,478)
6,962,141		 2023
Total
funds
£
6,945,644
248,259
2,127,693
(239,712)
9,081,884		 2022
Total
funds
£
6,961,265
263,808
2,608,696
(160,209)
9,673,560

continued...

Page 31

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

19. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Designated Funds
Restricted funds
Fixed assets
Procure Plus
Children in Need
Internet Citizens
HAF - Holiday Club
ESF - Step Ahead
Onside - Wellness
The Skelton Charity
The Asda Foundation
Seniors Holiday Hunger
Burberry Project
Leigh Youth Club
Eric Wright
Presidents Cup
Hatch UK Youth KFC
Access Fund
Off the Grid
Kickstart
TOTAL FUNDS		 At 1/4/22
£
2,579,278
125,000
2,704,278
6,961,265
-
3,903
1,939
-
-
-
1,305
870
-
-
-
-
-
-
-
-
-
6,969,282
9,673,560		 Net
movement
in funds
£
(674,596)
-
(674,596)
(5,592)
2,918
(2,843)
(720)
34,670
1,087
754
(1,305)
(670)
30,433
(2,881)
(412)
16,680
18
6,660
1,708
3,500
(1,085)
82,920
(591,676)		 Transfers
between
funds
£
90,061
-
90,061
(10,029)
-
-
(1,219)
(34,670)
-
-
-
-
(30,433)
2,881
412
(16,680)
-
(1,408)
-
-
1,085
(90,061)
-		 At
31/3/23
£
1,994,743
125,000
2,119,743
6,945,644
2,918
1,060
-
-
1,087
754
-
200
-
-
-
-
18
5,252
1,708
3,500
-
6,962,141
9,081,884

continued...

Page 32

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

19. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Fixed assets
Procure Plus
Children in Need
Internet Citizens
UK Active Youth
HAF - Holiday Club
SHCJ - Inclusion Coordinator
Onside - Culture of Health
P2P (Year 2)
ESF - Step Ahead
Onside - Wellness
Charles Hayward Foundation
Future You
The Skelton Charity
The Asda Foundation
FiredUp4Clay
Seniors Holiday Hunger
Burberry Project
Leigh Youth Club
Eric Wright
Presidents Cup
Hatch UK Youth KFC
Access Fund
Off the Grid
Kickstart
TOTAL FUNDS		 Incoming
resources
£
1,127,248
-
7,000
37,922
-
14,698
80,398
5,469
9,122
39,268
1,194
30,280
19,721
25,455
-
-
11,382
30,641
7,500
34,331
21,500
4,001
9,414
2,845
3,500
-
395,641
1,522,889		 Resources
expended
£
(1,801,844)
(5,292)
(4,082)
(40,765)
(720)
(14,698)
(45,728)
(5,469)
(9,122)
(39,268)
(107)
(29,526)
(19,721)
(25,455)
(1,305)
(670)
(11,382)
(208)
(10,381)
(34,743)
(4,820)
(3,983)
(2,754)
(1,137)
-
(1,085)
(312,721)
(2,114,565)		 Movement
in funds
£
(674,596)
(5,292)
2,918
(2,843)
(720)
-
34,670
-
-
-
1,087
754
-
-
(1,305)
(670)
-
30,433
(2,881)
(412)
16,680
18
6,660
1,708
3,500
(1,085)
82,920
(591,676)

Designated funds

The trustees have designated certain unrestricted funds totalling £125,000 (included in the net movement above), for essential future spending. These include monies for specific projects, planned repairs and maintenance programmes.

Any excess resources expended in any one period will be covered by unrestricted funds.

continued...

Page 33

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

19. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Designated Funds
Restricted funds
Fixed assets
Accenture 'Get a Job'
Pathway 2 Participation
Procure Plus
ESF
EmpowerHer
Children in Need
Sound Creators
Football Foundation
Internet Citizens
UK Active Youth
OnSide - Satellite Holiday Club
HAF - Holiday Club
EmpowerHer - Accelerate Project
Cash4Kids
P2P (Year 2)
Onside - Active Youth
EmpowerHer - Red Cross
WBC Holiday Club
Safer in the Dark
Future You
The Skelton Charity
The Asda Foundation
TOTAL FUNDS		 At 1/4/21
£
2,786,222
125,000
2,911,222
7,115,793
-
9,607
2,808
-
9,240
10,384
-
500
-
-
-
-
-
-
-
-
-
-
-
-
-
-
7,148,332
10,059,554		 Net
movement

in funds
£
(312,544)
-
(312,544)
(154,528)
11,808
(2,198)
5,222
320
(1,241)
(6,481)
2,528
-
1,939
2,247
(2,000)
53,671
662
1,559
510
1,800
2,158
4,812
1,386
2,376
-
-
(73,450)
(385,994)		 Transfers

between
funds
£
105,600
-
105,600
-
(11,808)
(7,409)
(8,030)
(320)
(7,999)
-
(2,528)
(500)
-
(2,247)
2,000
(53,671)
(662)
(1,559)
(510)
(1,800)
(2,158)
(4,812)
(1,386)
(2,376)
1,305
870
(105,600)
-
At
31/3/22
£
2,579,278
125,000
2,704,278
6,961,265
-
-
-
-
-
3,903
-
-
1,939
-
-
-
-
-
-
-
-
-
-
-
1,305
870
6,969,282
9,673,560

continued...

Page 34

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

19. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Fixed assets
Accenture 'Get a Job'
Pathway 2 Participation
Procure Plus
ESF
EmpowerHer
Children in Need
Sound Creators
Internet Citizens
UK Active Youth
OnSide - Satellite Holiday Club
HAF - Holiday Club
WYZ Adventure Project - GMCA
Inspire YZ Pottery Club
SHCJ - Inclusion Coordinator
Onside - Culture of Health
EmpowerHer - Accelerate Project
Cash4Kids
P2P (Year 2)
ESF - Step Ahead
Onside - Wellness
Onside - Active Youth
EmpowerHer - Red Cross
WBC Holiday Club
Safer in the Dark
Future You
TOTAL FUNDS		 Incoming
resources
£
1,112,548
52
18,148
-
14,000
-
601
27,882
2,528
3,000
2,247
(2,000)
124,460
16,810
9,041
14,531
16,524
4,055
1,926
39,050
18,807
20,261
13,442
4,000
10,007
4,100
2,376
365,848
1,478,396		 Resources
expended
£
(1,425,092)
(154,580)
(6,340)
(2,198)
(8,778)
320
(1,842)
(34,363)
-
(1,061)
-
-
(70,789)
(16,810)
(9,041)
(14,531)
(16,524)
(3,393)
(367)
(38,540)
(18,807)
(20,261)
(11,642)
(1,842)
(5,195)
(2,714)
-
(439,298)
(1,864,390)		 Movement
in funds
£
(312,544)
(154,528)
11,808
(2,198)
5,222
320
(1,241)
(6,481)
2,528
1,939
2,247
(2,000)
53,671
-
-
-
-
662
1,559
510
-
-
1,800
2,158
4,812
1,386
2,376
(73,450)
(385,994)

Page 35

continued...

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

20. OTHER FINANCIAL COMMITMENTS

There is a lease relating to the land at Parsons Walk, Wigan with Wigan Borough Council. The lease is for 125 years from the 12 August 2011. The principal rent is an annual sum of one peppercorn.

The property is subject to a lien in favour of the Football Foundation in respect of a grant made to the charity.

21. RELATED PARTY DISCLOSURES

The charitable company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Members of the management board and/or organisations in which they are a part have made donations or raised funds on behalf of the Charity totalling £50,000 (2022: £64,000).

No other trustee or other person related to the charity had any personal interest in any contract or transaction entered into the charity during the year.

There are no other material related party transactions that require disclosure in the financial statements.

Page 36

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2023

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Gift aid recoverable
Grants
Other trading activities
Fundraising events
Rents received
Investment income
Deposit account interest
Charitable activities
Shop and café income
Membership and club entry fees
Other income
Other income
Gain on revaluation of investment
Government income
Total incoming resources
EXPENDITURE
Raising donations and legacies
Fundraising expenditure
Shop and café expenditure
Charitable activities
Wages
Social security
Pensions
Insurance
Light and heat
Rates and water
Telephone
Postage and stationery
Advertising
Sundries
Activity delivery costs
Training and recruitment
Legal and professional fees
Security
Travelling and entertainment
Computer expenses
Subscriptions
Clothing and uniforms		 2023
£

688,649
7,594
434,223
1,130,466
172,992
43,824
216,816
1,819
64,011
70,036
134,047
39,741
-
-
39,741
1,522,889
42,395
61,192
103,587
1,201,501
78,656
29,409
30,113
182,654
1,324
12,542
5,467
6,731
7,059
87,585
3,660
19,345
192
8,351
26,955
9,350
2,283		 2022
£
712,941
15,818
416,243
1,145,002
104,994
54,033
159,027
70
63,305
76,805
140,110
21,986
8,847
3,354
34,187
1,478,396
25,330
42,789
68,119
1,111,967
70,177
28,636
27,679
83,502
2,183
11,941
7,447
1,670
2,411
91,512
2,415
6,550
2,517
5,969
23,001
12,086
4,983

This page does not form part of the statutory financial statements

Page 37

DocuSign Envelope ID: 907F8DBE-AC70-4CD2-B5EB-BF7F32EB35F6

WIGAN BOYS & GIRLS CLUB

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2023

Charitable activities – continued
Repairs and maintenance
Donations paid
Support costs
Finance
Bank charges
Credit card charges
Loss on investment revaluation
Depreciation
Long leasehold
Fixtures and fittings
Motor vehicles
Computer equipment
Software development
Governance costs
Auditors' remuneration
Payroll and taxation
Total resources expended
Net expenditure		 2023
£
50,148
31,000
1,897,912
2,066
74
15,549
17,689
101,100
63,890
3,600
8,045
-
2,092,236
11,050
11,279
22,329
2,114,565
(591,676)		 2022
£
84,794
21,000
1,670,559
1,747
-
-
1,747
96,310
62,306
3,600
7,981
1,227
1,843,730
11,220
9,440
20,660
1,864,390
(385,994)

This page does not form part of the statutory financial statements

Page 38