DOCUSI Envelope ID.. FB3EDC2F5gB4FsE-97o6-24I740CD7D4l REGISTERED COMPANY NUMBER: 06944425 (England and Wales) REGISTERED CHAIUTY IYUMBER: 1134451 REPORT OF THE TRUSTEES AND CONSOLIDA TEDAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR WIGAN BOYS & GIRLS CLUB 'AE120963' 2411212025 COMPANIES HOUSE A25 Fairhursl Audit Services Ltd Siatuiory Audiior CharteTed A¢countanls Douglas Bank House Wigan Lan¢ Wigan Lancashire WNI 2TB
Y9n Envebpg ID.. F83EDC2F4)59B4F5E-97D8-241740CD7D41 WIGAN BOYS & GIRLS CLUB CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2025 PAg¢ Report of the Trustees l io 10 Report of the Independent Auditors Con$olldited Statement of Financial Activities 13 Consolld*tes and Charity Statement of Financial Position 16 Conso15dated Statement of Co$h Flow$ 17 Notes to the Consolidated Statement of Cash Flows 18 Note$ to th¢ ConsolhdAted Fin4nciAI StAtement5 19 10 33
Docusign Env?k)pe10: F83EOC2F-05984FSE-97D8-241740CD7041 WJGAN BOYS & GIRLS CLUB REPORT OF THE TRUSTEES ror the Year Ended 31 March 2025 The trustees of the charity, who are also directors of the Company for the purposes of the Companies Aci 2006. present their annual report and con501idaled financial statem¢nts of Wigan Boys and Girls Club for the year ended 31 March 2025. The Irustecs confinn that the annual report and financial slalements of Ihe Company and ils subsidiary comply wilh the current stalulory requirements, the requirements of the Company's governing document and the provisions of the Siatement of Recommended Pra¢lice (SORP) applicable lo charities preparing their accounls in accordance with Ihe Financial Rcponing Siandayd applicable in ihe UK and Republi¢ of Irel8nd {FRS102) (effective l January 2019). REFERENCE AND ADMINISTRATIVE DETAIIS R¢Elslered Company number 06944425 {England and Wales) R¢glstered Ch*rlty number 1134451 Reglstered office Wigan Youth Zone Parsons Walk Wig4n Lancashire WNI IRU Trustees G Speakman - Chainnan N T Finch- Deputy Chaiman G S Foster L M McAllister J Salt P G Farrington C Beck J P Chadwi¢k (resigned 0211212024) C Havers (resigncd 2210412025) L Flymn S J Enlwistle (appointed 0610112025) S J Mccorniack (appointed 3110112025) M R Hilion (appOind 2410212025) Audltorg Fairhurst Audit Scrvi¢cs Lid Siatutory Audiior Chartered Ac¢ountants Douglas Bank Housc Wigan Lane Wigan Lancashire WNI 2TB Bankers Barclays Bank PLC Wigan Brdnch Market Place Wigan Lancashire WNI IQS Senlor Management Team Anthony Ashworth-sieen - CEO Sikander Ali- Head of Operalions Lynsey Heyes- Head of Fundraising Lisa Potter- Head of People Nicola Varley - Head of Youth Work Pa8e I
Do¢uslgn Emf•lop9 ID.. FB3EOC2F4159B4F5E.970&241740C07D41 WIGAN BOYS & GIRLS CLUB REPORT OF THE TRUSTEES for the Year Ended 31 March 2025 OBJECTIVES AND ACTJVJTJES Our Vision Inspire and empower ihc ncxl generalion to r¢ach th¢ir full pot¢nlial. Our Values Community Aspiration Belonging Respect Inclusivity TearnwoTk Objectives The trustees have ref¢ed io the Charity Commission's general guidance on public benefil when reviewing our aims and objeclives and are confident that ihe charity rneels the public benefit requiremenls. Wigan Boys and Girls Club (Wigan Youth Zone). the largest of ils kind in th¢ UK, is on¢ of the leELding providers of youth services in Ihe Wigan Borough. The provision of high-quality services for young people (aged 8-19, up to 25 with SEND) responds lo a clear, ongoing demand from young pcople, paTents and wider communities for positive places for young people to engage with. Although providing a scrvice to all young people, Wigan Youth Zone will encourage attcndance and participation by young members of disadvanlaged communilies who will bc able to enjoy affordable access to all the opportunities that the charity provides. Membership of Wigan Youth Zone is proved lo have a positive impacl on a range of measures including (but nol limiled lo); improved confidence. reduced isolation, improved health, improving life skills and chan¢es and increased aspirations to play a posilive role in society. Alms Provide quality youth PTovision in a safe environment in which young people can take part in a wide range of sports, arts and music aclivilies in which ihey can develop their personal and social skills and qualities needed for learning, work and Ihe transition lo adulihood. Raise young people's aspirations. build their confidence and resilience and provide ihem wiih infomiolion that will assist them in making the right lifestyle Choices - particularly in relation to substance misuse and involvemenl in crime and anti- social behaviour. mprove youn8 people's physical and ernolional hcallh and wellbeing. Make a significant impact on our local community through improved eommunity cohesion. Provide a real '¢ommunity' asset which proTnote5 and f8¢ililaies close parniership working. Give every young pcrson a chance lo succeed by providin8 employment. apprenliceships, cducalion and training skills and opportunilies for all abililies. We re8ulaTly review our work to ensure we are meeting our aims. Page 2
Docusign Enveh)pe 10.. FB3EDC2F415984F5E-97D8-241740C07D41 WIGAN BOYS & GIRLS CLUB REPORT OF THE TRUSTEES for the Year Ended 31 March 2025 STRA TEGIC REPORT A messa e from the Trustee Bo#rd In 2024 our charity sel oul an ambitious Ihrce-year slralegy to respond to the needs of young people across our Community this was developed in conjunction with Youth Zone members, team members, Trustees. partner organisations and SLqkeholders. At the time. the experience8 of young people had been shaped in preceding years by a global pandemic. global uncertsinty and a ¢ost-of-living crisis 11 of which still impact lives of young people in one or more ways, with mental healih challenges. increased isolation, decreased confidence and Teduced hope for the fuftjrc still ever present. Through Ihe PhQMe1)al power of youih work we aimed lo provide vital $paces for young people lo be inspired and empowered to reach their full potential, therefore our strategy aimed io sustain and, where possible, stTengihen Ihese services for our youn8 peopl¢. It is with great pride ihal we can reflect on the first year of delivery against our strategy, having met our three key strategic priorities.. Empowering Tomorrow, Elev4lih8 Eng48emenl dnd Securlng Suslainobility. Empowtring fomorrow (For thousands of young people to continue io enjoy and benefit from Wi8an Youth Zone's offer) We achieved all our iargets as we remained available for young people 7-days a week, reaching over 5,000 young people (2230 new rnembers, up 23 % ) and facililaling over 1,200 visits to our e55enlial services every week. Addilionally, we Tellchcd more young people more often Ihan we did in the prcvious year, which was another of our obj¢¢live$ - as w43 Ihc enhan¢ed support for the SEND community which saw a 120/0 increase in members. Of our membership base, c430/0 ¢#me frorn the mosi deprived parts of ihe borough and we supported those that n¢eded il with free memberships (1,200, up 1650/0), attendance (29,000, up 370/0) and meals (15,000). Last year we reported about the expansion of our youth work provision in Leigh, which we are delightcd has continued over the course of the year- we have 0150 joined an alliance deliveTing programmes for young people in Wor51ey Hall. In lot81. we facilitated 54,390 visits to our services in Wigan. 4.542 in Leigh. 1,331 in Worsley Hall and we engaged young people on the streets, parks estates and shopping centres a lotal of1,695 times. Elevaling Engagemeiil (Promote Ihe power of firs¢1#58 youth work io All current and fvture stakeholders) It was our ambition lo increase our communication channels across all stskeholders- from youn8 people and their fomilies Io OUT leam members hnd funders which we achieved over the course of the ycar. Addilionally, we conlinu¢d our partnership workin8 and are proud to have worked with 150 differeni partners ihis year. Intemally, wc 84v¢ our leAm members oppOrnitieS lo &pply for roles beforc openly recruiting (81 /0 of the lime), emphasising the importance we place on growing our own - this wa5 also demonstraled by inv¢5ting oveT 3,000 hours into training and developmcnl. We ar¢ very cncouTaged that over 80•/• of our team members reported they weTe hAppy in their roles. Securimg suslai114bility (To unlock new fundin8 streams lo sustsin and grow critical s¢ryic¢J) The charitsbl¢ sector conlinues lo face the relentless cornpeling demands of increased demand for 5ervi¢es, and ihe associated increasing cosis, twinn¢d with a comp¢tiliv¢ fundraising climalc. This reality will b¢ no surpris¢ to anyone reading thi5 report who is involved with a charity, but this context is helpful lo understand ihe pressures that Wigan Youth Zone have continued lo experience over the past year whilst aiming lo maintain services at an annual cosl of £2m. Given this context. we are delighted to Teport that the Charity Organically grew income by 300/0 frorn £1.58m in 23124 to £2.04m in 24125 - £109k better than budget. This represented an overall deficit of-£60k including-£94.6k of deprecialion a small cash surplus, which is the sustainable position the Executive and Trustee team have been aiming towards for several years. Pagc 3
Do¥19n Env•lope ID.. F83EDC2F4J5984F5E-970B-241740CD7D41 WIGAN BOYS & GIRLS CLUB REPORT OF THE TRUSTEES for the Year Ended 31 March 2025 STRATEGIC REPORT- continued The Irading company finished with a deficit of -£45k, which was -£40k worse than budget however. by means of contexl, Ihe Trading company made a £52k donation to the charity which was possible due to strong perfonnance in the preceding year. Given such a positive year financially, the Trustees are encouraged with the momentum which needs to keep pace in order to meet the conlinued rising costs of the charity- not least. an expected increase of £170k because of the National Living Wage gnd National In$uran¢e increas¢s. The Truslees also note that thal whilst there was stron8 pcrforn)onc¢ against in¢om¢, the sources varied from budgel which will need to be addressed over the coming year. The outcomes across the Ihree strategi¢ prioriiies Empowéring Tomorrow, Elevating Engagemenl and Securing SNslain4bility - aTC 5ignifi¢8nt as Ihey show a continued demand for OUT 5CTViCCS and a desire fTom the ¢ommuniry to me¢1 th¢ funding requirements of delivering Ihese, for ihe firsi lime in several years. which is an incredible achievement. We also know Ihal the posilivc oulcomes delivered have a tangible financial benefil lo our community, wilh every £ I invested in our charity yieldin8 £15 in social value- that's almosi £29m in the last year alone. Oullook Lookin8 forward, our aspiration is to maintain the levels of service from the pAsl year and to achieve similar outcomes for young people- Ihis would be a si8nificAnl achievement given the significant increase lo our cost base, a5 noled above. Our aspiration5 are a5 follows- Empowering Tomorrow WYZ services lo remain operational 7 days a week 800/0 of services lo be accessible by all young people in our a8e dcmographic (8-19, up to 25 with additional needs) Enga8¢ with 5.000 members Fo¢ilitate an average of1,200 visits a week 350 young people lo attend at least len times in 90-days Percen¢age of m¢mb¢r5 wilh SEND io be a minimum of15Q/o Wcllbeing surveys 10 show 800/0 of rnembers have made progres5 a5 & result of 4nendanc¢ at WYZ Capilal expendilure plan io be executed External funding to be focussed toward5 key aTeas of need for young people Elevaling Engagemenl Impa¢1 lo be regularly monitored and communicated 800/0 of va¢an¢ies to be advertised to WYZ team members only, before Openly sour¢in8 1800 hours to be spcnt on training and developmeni Volunteer hours to total over 8.000 Turnover of tc3m (FTE 0.8 or above) lo be lower than 20*/ts 809/o+ team members lo be happy in their roles Securing Suslainability Su$tsin the level between income and exp¢nditur¢ by unlocking a new stream of income, OT findin8 a savin As in PTeviou5 years, ¢a¢h of these success measures will be monilored by the Board thoroughly, throughoul the year, lo ensure that we are working towards the accomplishment of each. To support the Op¢Tational Team,. two new Truslee portfolios have recenily been added - a Youth Work Trustee and a Governance and Finance Trustee. l am really looking forward to working with the Operalional and Trustee teJm io meet all our succes5 measures to conlinue to offer our life-¢hanging services lo the young people of our borough, as we enter our thirteenth year of inspiring and empowering the next 8eneralion lo reach their full polcnlial. Page 4
Do¢usvJn Envelopo ID.. F83EDC2F-059B4F5E-97DB-241740CD7D41 WIGAN BOYS & GIRLS CLUB REPORT OF THE TRUSTEES for th¢ Year Ended 31 March 2025 STRATEGIC REPORT- continued It is our hope that reading this report cements your view that Wigan Youth Zon¢ stsnds a$ a cClaI community asset. and a living legacy for generations of our Borough's young people. Because ihat's preclsely what we are trying to achieve. Thank you for the vital role you are pl8yin8 in making this a reality. Gary Speakman, Chair Page 5
Oocuslgn Emi•lop• ID: FB3EDC2F415984F5E_97D&241740CD7D41 WIGAN BOYS & GIRLS CLUB REPORT OF THE TRUSTEES for tbe Year Ended 31 March 2025 STRATEGIC REPORT- continued Financlal revlew The Charity and trading subsidiary have adopted a strong budgeting framework and performance against it is monitored monthly by the Finance Committee (comprising of four members of the operational team and three tTUStees) and the wider Youth Zone board. All depathi¢nts are allocat¢d a bud8el for the year and theTe are different meGhanisms in place to ensure that these cannol be exceeded withoul PriOT hpproval. The table (left) provides an overview of the main income and expenditure Streams and the perfomiance of the ¢harity io budget over the course of the year. The main analysis of th¢s¢ rigures are as follows.. Budget tyJ31 Vartarte INCQME 774,04) 425.000 457.155 eo.ooo $13.178 425,CrfJ2 I.13$ L•ÈalAirth•rtiy Au¥m•dT•tslP•tr•n41• In¢•pv 78.204 58,1?5 121.051 62.0 11,515 20.$02 .L796 .1,075 71.051 5uppvrt4vi NoDmNlr••nd Olh•r•undrylvW In¢•m•fw•mY•u•8Pwpl• Glft R1 Tothlb•n hrt•ff* TOTALINCOME 50,aOO 76,013 8.000 Grants and Trusts- continues lo be an excellent source of support with 460/0 of •ll income derived from this source - up from 400/0 in 2023124 and from just 140/y in 19120. Th¢ increased resource we bave put into this area over the past two years has bccn well rewArded. 1515 isi gud VIn£• ExpEP4Drre 1,485,074 18.359 181,559 113,IBB 16,800 k74,162 113.017 147.110 7.397 17l ,iS4 Patronage Income - il was a challenging year for patronage income. due w ihe fundraising team bein8 reduced and the lime it took io bring in new Icam members and bring Ihem up 10 speed. We are expecting 2025126 to yield bett¢r results. ltsn•gemeDIC• Fundr•lilwC• 2&455 .597 -3,351 io?,ooo -10.n8 1031,842 -7.4LiJ ?,427 yJlrn¢nllprV•r•8lli•dG•l IOTALUPENDMJRE TOTALSURPLUS 41,lJl .744 21.a47 Room Hlre and Sundry In¢om¢ over the course of the year we generated close lo £70k in building rental (c£30k more than budget) and we were able to make a £52k donation from the TTadmg Company io the Charity. Ineome from Young People- grant fimding was secured lo give free memberships and entries at various points during the year, which 1$ why there is a negativ¢ variance in this in¢om¢ stream. ari enditur The two main negative variances to budget were salaries and delivery costs- largely due to wa8es increasing -9.80/p due to thc inflationlc05t of living pressures. Additionally, grant funding meant wc started new projects which meant more stsff and delivery costs- but these weT¢ fully ¢overed by the income secured. Surnrna The chariry has Nn a deficil over the pasi few years, which was a pljnned de¢ision by Trustees io ensure Ihai the services foT young people w¢re not reduced while the charlry moved towards a more sustainable positton - a Ix)Id decision al the time. In 22123 the deficil was -£593k, which reduced lo -£261 k in 23124- in 2024125 this figure reduced to -£60k which, excluding depreciation, is a small cash Surplus. The Trading Company made a -£45k Ioss against a budgeted loss of -£1 I k. bul this was after making a £52k donation to the charity as opposed to a budgeted donolion of £IOk due to strong perforniance in the previous year. The GTOUP (Charity and TTading) ha5 £2.101m cash. in the bank or in inve5tmcnts, and hjs fcw trade debtors or ¢Teditors. Page 6
Docuslw Envelope ID.. F83EDc2FS984FSE-97OB-24174OCD7D4l WIGAN BOYS & GIRLS CLUB REPORT OF THE TRUSTEES for the Ye4r Ended 31 March 2025 STRA TECIC REPORT- continu¢d Prin¢ip#l funding sources Grants and TTusIs ¢ontinu¢5 to be the principal source of income for the charity, and we are vcry grateful to all organisations who have supported our work over the past year. Multi-year funding commiiments particularly help with the sustainability of our work and therefore we would like to thank. ARIS. BP. Burberry, CadenL Calisen. Charles Hayivard Foundation, DWP, Eric Wright Charitable Fund. FircdUp4, HAF, Jigsaw Foundation, Onside. Procure Plus. The Gabriel Trusl, The National Lotlery Community Fund (Million Hours Fund), The Onside Foundation, The Prudence Trusi. UFC. UK Youth, WEA (GMCA Community Grants). Wigan Athletic Community Trust (GM Violence R¢duc¢ion Unit). Wigan Council and Youth Music. The charity currcnily receives corc annual funding from the Local Authority, which provides a significant Contribution lo the charity's unrestricted incom¢ - lh¢ Youth Zonc is very grateful for the ongoing partnership. In January 2024, Wigan Council cornmitted lo a new three-year fundiT]g agreement of £425k pla - with an oplion to extend the agreement by a fijrther year. Annu8lly. patrons of Wigan Youth Zone (both individuals and businesses) support the ongoing running of the Youth Zone costs by PToviding unrestricted funds at all levels on a voluntary basis. This Patronage programme, along with an annual fundraising events calendar and community engagement Compaign, is a valuable source of unreslTi¢ted in¢ome. The charity is registered with the Fundraising Regulator, aJ)d all staff are moni¢orcd through supervision to ensure that they are acting in a manner befitting a reputable chaTity. We have received no complaints about our ¢ondu¢l or fundraising cfforts over the past yeAr. Inveslment pollcy and obJe¢tlve$ There vjre no rcsiri¢tions on thc Ch4rily's power to invest. The investrnent strategy is sel by the Trustees and takes account of the objectives of the Charity. Certain funds introduced by the Trusleeslfounder patrons are designalcd os restricted, as they have been applied lo capilal projects, including the costs of building and firting out Wigan Youth Zone and The Venue. Wigan Youth Zone mode an inveslrnent of £250k into the TM New Court Fund, managed by Thesis Unit Trust Management Limited, in 2021. The fund is med-low risk. and Ihe investhienl 1$ liquid. The current valuation {to 31103125} is £284,854. A decision was taken by the Trnslees lo move money oul of the Charity and Trdding bank accounls and deposit it onto the Flagstone plaifomi lo generate greater sums of interest than was being received. Between January '25 and year-end. £1.296m w85 dcposited and it 15 invesied in products ranging from instant access to two-year fixed lemi. Reserves poliey The Board of Trustees has esthblished a reserves policy, in compliance with the Charity Commission guidelines, which it reviews annually- both the sum il wishes lo hold in Tescrves in the unrestricied budget and the basis for thai figure. In reviewing the potential costs thal could aTise should a significanl reduction in income occur, the Trusiees hav¢ detern]ined that 'frec' (unreslricled) reserves should be maintained at a minirnum of 6 months budgeled unrestricted expendilure, which in 2024125 amounted to £0.919m (£0.810m in 2023124). and a maximum of12 rnonths. A$ of 31 March 2025, unrestricted reserves for the Group stood ai £1.934m. Of ihis, £400k is designated for future propety repairs leaving £1.534m free reserves whi¢h is approximalely l O months of unrestTiCted expenditure cover based on the 202516 budget. Page 7
Oo¢uslgn Emf•lop8 ID: FB3EOC2F-05984F5E-97DB-241740CD7041 WIGAN BOYS & GIRLS CLUB REPORT OF THE TRUSTEES for the Year Ended 31 March 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Gov¢rnlng document The company is registered a5 a charilable company limited by guarantee and is governed by a MemoTandum of Association daied 25 June 2009. All Trustees give their time voluntsrily and receive no benefits from the Charity. OrEaDisational structure The Tnlee$ are entitled to hold office on a three-year rolling basis, in line with good governance, unles5 their office is temiinaled in accordance with the Articles of Association. Futtlre Trustees must be appointed by rcsolution of the Trustees. In a¢¢ordan¢e with the Articles of Association the Trustees can hold meetings at any time- at present, Board meetiny are bi-monthly. The Trustees have appoinlcd a suitably qualified Sl0r management t¢am to manag¢ ihe operation41 ¥¢tiviti¢s of th¢ charity. Th¢ CEO is r¢sponsibl¢ for ensurin8 that the charity delivcrs the services specified and that key perforniance indicators are met. The He8d of Operations and Head of Youih Work have responsibility for the day-tipday op¢ralional m8nagernent of the Charity. individual supervision of the staff team and ensurin8 that the team continue to develop Iheir skills and Working practices in line with good practice. The Head of Peoplc ensures that all policies and procedures Ore in place and relevant. The Head of Fundraising is responsible for the income generaiion of the charity. The remuneration policy for Ihe staff is agreed by the Remuneralion and Benefits Committee which meets annually. Th¢ ommillcc has agreed thai it is the aspiration, dep¢ndin8 on affordability, for all staff wages to follow Consumer Price Index meaning that all increases will be in line wilh this 0/0 (using February's figure) as Stsndard, Over and above this, wage increases will also be considered for team members Ihat have fallen out of benchmark or have perfornied exceptionally well. Rlsk minagernent The TNsie¢s have a duty lo identtfy and review the risks to which the charity 15 exposed and to ensure appropriate controls are in plac¢ to provide reasonable assurdnce against fraud and error. The Truslees have completed a risk regisier which lists the major risks the charity is exposed and the sysiems in pl4¢e io mitigate thcse risks. The re8lSter is split into five arcas (FinanciAI. Strategic, Operaiion41. GovernanceiReputational. Facilities) and each risk is scored (out of five- I low, 5 very high) for likelihood and impact- these scores are multiplied together lo give Ihe Gross Risk. After the mitigations, Ihe scores are updaied and multiple together to give the Residual Risk. The scores are RAG raied I-S (low = gTeen), 5-9 (medium = amber), IO+ (high- red). Th¢ following ov¢rvi¢w shows the average Gross and Residual Risk figures for each of ihe fiv¢ arca5'. Fin•nclaL e SGor¢s17 rlsks In lotal) Strateglc Avera8e Scores13 risksin total) OperatloTral Aveiage Scores113 rlsks In lotal) GovernancelReputatlona'l Average Scores18 risks in total) Fo¢llltle5 Average Scores114 rlsks In total) Gross Ilisk Resldu•lHlsk Avera Gross Risk RéslduaLRI Gross Rlsk ReslduaLRisk GrossRlsk ResldualRisk Gross Rlsk ResldualRlsk Page 8
Oocusign Envelope ID: F83EOC2F4J5984FSE-9708-241740C07D41 WIGAN BOYS & GJRLS CLUB REPORT OF THE TRUSTEES for the Year Ended 31 March 2025 Volunteers Our volunieer programme continued the momentum from the previous year- this includes our young leoder's programme whereby oldeT members support our Junior sessions. In addition to ihese volunteer5, w¢ continued to hav¢ several peoplc offering aclivilies for young people, and we benefitled from th¢ lime and cxpertise of our Trustees who volunl¢¢r a constderable amount of their time lo support the organisation. In lolal we benefiied from 8.918 volunieer hours over the year. Wigan Youth Zone received the King's Award for Voluntary Service in 2023. Ihe highest accolade achievable by a charity, in recognition of the Significant impact the volunteering programme has on the chariry and wider community. Relationship to Onside Wig&n Youth Zone is pArt of the OnSid¢ Network - a federated network wilh Youth Zones iround the counry. Th¢ benefit of this relationship has been significant wilh a range of benef)Is including (but not limilcd to), database infraslnjcture, expertise consulialion. shared setvices. joint fundraising ini1181ives, professional developmcnl programmes and collaboraiive fora. This relationship is underpinned by a signed Nettvork Agr¢¢menl which specifies expectstions on both parties and Wigan Youth Zone is compliant with its obligations under this. Pas¢ 9
OoGUStgn Envelow ID.. FB3EDC2F45984FSE-97DB-241740C07041 GAN BOYS & GIRLS CLUB REPORT OF THE TRUSTEES for ¢be Year Ended 31 March 2025 STATEMENT OF TRUSTEES, RESPONSIBILITtES The trustees (who are also Ihe direclors of Wigan Boys & Girls Club for the purposes of Company law) are responsible for preparing the Report of the Trustees and the financial ststements in a¢¢ordan¢e with appli¢abl¢ law and United Kingdom Accounting Slandards (United Kingdom Generally Accepted Accounting Practice). Company law requires the twstees to prepare group financial statements for each financial year which give a true and fair view of the stste of affairs of the charitsble group and of the incorning resources and application of resources, including the income and expenditure, of the charitable group for that period. In preparing those financial Siaiements, the trustees are r¢quired to sele¢1 suitable accounting policies and then apply them consistently; observe the methods and principles in the Charity SORP; make judgements and estimates that are reasonable and PTudent; prepare the financial slalements on the going conceTn basis unless il is inappropri81¢ lo presume that th¢ ¢haritabl¢ group will conlinuc in business. The trustees aTe responsible for keeping proper accounting records which disclose wilh reasonable a¢¢uTa¢y at any time the financial position of the charitable group and to enable them 10 ensure that the finan¢ial ststements comply with the Companie$ Act 2006. They also responsible for safeguarding the assets of th¢ ¢h&ritable 8roup and hence for thking reasonable sieps for the prevention and deleclion of fraud and other irregularities. In $0 far as lh¢ truslees are aware.. there is no r¢l¢vonl audit infomiarion of which the ¢hari¢abl¢ group's auditors are unaware; and the irustees hAve i)ken hll steps that ihey ought lo have taken to make themselves aware of any relevani iudil infornialion and to establish that the auditors arc aware of thal infonnation. Report of Ih&4Wl8Shb'8F25¥¥11*? dMf8iC report, approved by order of the board of truslees, as the company diTeclors, on .............. ...... -an Si8ned on the board's behalf by.. G Speaknian - Trustee Page 10
Do¢u$ign Envelope ID.. FBJEDc2FS9B4F5E-97D8-241740cD7D4l REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF WIGAN BOYS & GIRLS CLUB Oplnion We have audited the financial slalements of Wigan Boys & Gir15 Club (the 'charitable company,) and its subsidiary ('the group.) for the year ended 31 March 2025 which comprise the Consolidated Siatement of Financial Aciivilies, the Consolidated and Charity Sialemenl of Financial Position, the Consolidaled Statement of Cash Flows and note$ to the rinancial stslemenls, including a summary of 8ignifi¢ant accounting policies. The financial reporting fTamework that has been applied in iheir preparation is applicable law and United 'ngdoM Accoun¢ing Standards OJniled Kingdom Generally Accepted Accounting Practice). In our opinion ih¢ financial statements.. give a true and fair view of the state of the charitable company's affairs as al 31 March 2025 and of its incoming resources and application of resources. including ils income and expenditure. for the year then ended. have been properly prepared in a¢cordance with United Kingdom Gcn¢rally Acccplcd Accounting Praclicc. and have been prepared in accordance with the Tequircmcnis of Ihe Compani¢s Aci 2006. Basis for opinion We conducled OUT audit in accordance with Inlernalional Stsndards on Audiling (UK) {ISAs (UK)) and applicable law. Our responsibililies under those standards arc further described in th¢ AuditOTS' responsibilities for the audit of the ffftnancial stalemen15 section of our report. We are independent of the charitable company in accordance with the ethical requiremenls that are Televanl to our audii of the finoncial statements in the UK. in¢luding the FRC'$ Ethical Standard, and we have fvlfilled our other eihical responsibilities in accordance with these requiTcmenls. We believe Ihal the audit evidence we hav¢ obiained is sufficient and appropriatc lo provide a basi5 for our opinion. Con¢luslons relatlng to golng concern In auditing the financial statements, we have Concluded thai Ihe Iruste¢s' use of Ihe going con¢ern basis of accounting in the PTepaTalion of the financial statements IS appropriate. Based on the work we have perfomied, we have not idcnlificd any maicrial uncert8inlie5 relating lo cvenls OT condition$ that, individually or ¢olleclively, may ¢a$l significant doubt on the charitable company's ability 10 Continue as a going concern for a period of al Icasl twelve monihs from when the financial statements are authorised for issue. Our responsibililies and the responsibilities of thc trusiees with respect to goin8 Concern are described in the relevant section$ of this report. Other Inform4tbon The trusl¢e5 are responsible for ihe other inforniaiion. The o¢h¢r inforniation comprises ihe inforniation included in the Annual Report, other than the financial statements and OUT Report of the Independent Audilors Ihereon. Our opinion on the financial statem¢nls does noi cov¢r th¢ other infornialion and. ¢xcepl lo the extenl otherwise explicitly staia in our report, we do nol express any forni of assurance conclusion thereon. In connection with our audit of the financial statemenls, our responsibility is to read the other inforniation and. in doing so, consider wheiher the other infomation is materially inconsistent with the financial statements or our knowledge obiaincd in the audit or otherwise appears lo be materially misstated. If we identify such material tnconsistencies or apparent material misstalcments, we Are required to delennine whetheT this gives rise to a material mis$t#temenl in the financial statemenis ihemsclves. If. based on the work we have perfomed. we conclude that there is a material mi55tatement of this olher infomation, we are required to report thai fact. We have noihing to report in this regard. Opinion$ on other matters prescrhbed by the Companles Act 2006 In OUT opinion, based on the work widertaken in the Course of the audii.. the infonnation given in ih¢ R¢port of ihe Trust¢es for the financial year for whi¢h the financlal stsiements are prepared is consistent with the financial stalernenls. and the Report of Ihe Truslees has bcen prepared in accordance with applicable legal requircmenls. Pagell
Oocuslgn Envebpe ID.. FB3EDC2F45984FSE-97D8-241740C07D41 REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF GAN BOYS & GIRLS CLUB MAtters on which we are required to report by exetption In the light of the knowledge and underslanding of the charitsble company and its environmenl obtained in the course of the audit. we have not idenlifjed malerial misststemenls in the Report of the Trustees. We have nothing lo report in respect of Ihe followin8 mattcr5 where Ihe Companies Acl 2006 requires us lo report to you -f, in our opinion.. adequate accounting recoTds have not been kept or returns adequate forour audit have not been received from branches not visited by us. or the financial staiements are not in agreement with the accounting records and returns. or certain disclosures of trustees, remuneration specified by law are not made, or we have nol receivcd all the inforn)ation and ¢xplanaiions we require for our audit. Responsibilities of tru$tee$ As explained mor¢ fully in the Staiement of Trustees, Responsibilities, the trustees (who are a150 the directors of ihe ¢hariiable Company for the purposes of company law) arc re5ponsibl¢ for Ihe preparalion of the finan¢ial sialemenls and for being satisfied Ihal Ihey givc a Iruc and fair view. and for such internal control as ihe trustees detcmiinc is necessary lo enable Ihe pr¢paration of financial sla¢¢m¢nts ihal ar¢ free from maierial misslatemenl. whether duc to fraud OT error. In preparing ihe financial statements, the trustees are responsible for assessing the choritsble company's ability to continue 85 8 80ing concern. disclosing, as applicablc, matters rcloted lo going concern and using th¢ going concern basis or accounting unless the trustees either intend lo liquidal¢ th¢ ¢haritabl¢ Company or lo cease operations, OT have no realistic allernalive bul to do so. Page 12
Docuslgn Envew ID.. F83EDC2F415984FSE-97D&241740C07D41 REPORT OF THE INDEPEIYDENT AUDITORS TO THE MEMBERS OF WICAN BOYS & GIRLS CLUB Our regponsibilltles for th¢ audlt of the fin4nclAI st*lement5 Our objectives aTe to obtain Teasonable assurance about whether the financial statements as a whole are free from material misslalemenl, wheiher due to fraud or error. and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level ofassurance, but is not a guarantee thai an audit conducted in accordance with ISAS (UK) will always delect a material misslalement when it exisls. Misslatemenls can arise from fraud or error and are considered material if. individually or in the aggregate, Ihey ¢ould reasonably be expected io influence the economic decisions of users taken on the basis of ihese financial slalements. The extent lo which OUT pro¢edures are capable of d¢teclin8 irrcgularilie$. including fraud is dctail¢d below.. - we idenilfied the laws and regulations applicable to Ihe group and company through discus$ioDs with directors and other management, focusing on ihose that had a di[1 effect on the financial statemen15 or thai had a fundamcnlal effe¢t on it's opeTations. Key laws and regulations ihal we identif)¢d included the UK Companies Act, lax legislaiion, employment legislation and Health and Safety regulalions. we enquired of the directors and reviewed corTespondenc¢ wilh HMRC for evidence of non-compliance wilh ltyws and regulalions. We also reviewed controls th¢ directors have in place io ensure compliance. We assessed the susceplibility of the company's financial st&tcmcnt8 to material misstatcmcnl, including obtaining an understanding of how fraud mighi occur, by= making enquiries of maDagement as to where they considered there was susceptibilily io fraud, their knowledge of actual, suspected and alleged fraud.. and Considering ihe internal controls in place to mitigale risks of fraud and non-compliance with laws and r¢gulation5. perfornied analylic81 procedur¢8 lo id¢nlify any unusu81 or unexpecled rclalionships: tested journal entries to id¢nlify unusual iransactions. assessed whether judgements and assumptions made in delenninin8 the accounting ¢slimates were indi¢ativ¢ of potential bias. - we Teviewed financial siatemenis disclosures and iested to supporting do¢umenlation io assess compliance wilh relevant laws and regulations discussed above. we enquired of the director5 aboul actual and potential litigaiion and claims. Due to inhereni limitations of an audit, there is an unavoidable risk ihal we may not have delecled some material misslalements in the financial slal¢m¢nls, even though we have properly planned and perfoTmed our audit in accordance with ouditins slandBrds. For cxarnple. As wilh any audil. th¢re remained a hi8h¢r risk of non-deleclion of IegUlarl11eS, as Ihese may involve collusion. forgery, inlenlional omisstons, misrepresentations, or the override of internal controls. We are not responsible for preventing fraud or non-compliance with laws 8nd regulations and ¢annot be expected to dete¢l all fraud ond non-compliance with laws and regulations. A further description of our responsibililies for the audil of the financial statemenls is located on the Financial Reporting Council's website at www.fr¢.org.uklauditor5responsibilities. This description fornis part of our Report of the Independent Audiiors. Page 13
Oocuslgn Env8k+pfj ID.. FB3EOC2F415984F5E.97D&241740C07D41 REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF GAN BOYS & GlliLS CLUB Use of our report Th>s report is made solely to the charitsble cornpany's members, as a body, in accordance with Chapter 3 of Part 16 of Ihe Companies Act 2006. OUT audit work has been undertaken so that we mi8ht state to th¢ Charitable Company's members those matters we are required lo stale to them in an audilors, reporl and for no other purpose. To the fullest exlenl pernlitted by law, we do not accept or assume responsibility lo anyone other than the charitable company and Ihe charitable company's Members as a body, for OUT audit work, for ihis report, or for ihe opinions we have fonned. Li>uise Webster Bsc BFP ACA (Senior Statuiory Auditor) for and on behalf of Fairhursl Audit Services Ltd Siatutory Audilor Chartered Accountants Douglas Bank House Wigan Lane Wigan LancashiTC WNI 2TB 22 December 2025120.01 GMT Page 14
Docusign Envelope 10-. F83EDC2F4159B4F5E-97D8-241740CD7041 WIGAN BOYS & GIRLS CLUB CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2025 2025 Toial nds 2024 Total funds Unrestricted fi)nds RestTS¢ied funds Nolcs INCOME AND ENDOWMENTS FROM Donations and legacies 938,680 760.778 1.699,458 1,373,800 ChArit4bl¢ A¢tlvltles Youth projects and activities 123,029 123,029 143,202 Oiher trading aclivilics Investment income Other income 313,186 20,502 313,186 20.502 34.686 165.250 12,285 Total 1430 083 760 778 2 190861 1760 600 EXPENDITURE ON Raising fimds 69,127 8,113 77,240 62,6YI Charltable actlvltles Youth projects and activitie$ 1484 579 734 150 2218729 1936 265 Total 1553 706 742 263 2 295 969 1998 956 NET INCOMEI(EXPENDITURE) (123,623) 18,515 {105,108) (238,356) (1,772) Tax on activities Transfers between funds 19 146 000 146 000) Net movement in funds (22,377) (127,485) (105,108) (240,128) RECONCILIATION OF FUNDS Total funds broughi forward ,911,197 6,930,559 8,841,756 9,081.884 TOTAL FUNDS CARRIED FORWARD 1933 574 6 803 074 8 736 648 8 841756 The notes forni part of these financial staiements Pag¢15
Oocuslgn Env•lop8 10: F83EDC2F9B4FsE-97D&24174OCo7D41 WIGAN BOYS & GIRLS CLUB CONSOLtDATED AND CHARITY STA TEMENT OF FINANCIAL POSITION 31 Mar¢h 2025 Group 2025 Group 2024 Charity 2025 Charity 2024 Notes FIXED ASSETS Tangible assets Investments 14 15 6.687.052 284 854 6.811.442 281503 5.004.343 2 284 856 5.094,437 2 281505 6,971,906 7,092,945 7,289.199 7.375,942 CURRENT ASSETS Debtors Cash at bank and in hand 16 234,800 1815 733 210,142 1970 635 314,041 1700 949 274,819 1854 202 2.050,533 2,180.777 2,014.990 2,129,021 CREDITORS Amounts falling due within one year 17 (285 791 (431966 (270 068 NET CURRENT ASSETS 1764 742 1748811 1744 922 1717 961 TOTAL ASSETS LESS CURRENT LIABILITIES 8 736 648 8 841756 9 034 121 9 093 903 NET ASSETS 8 736 648 8 841756 9034 121 9 093 903 FUNDS Unrestricted funds R¢5tri¢ted funds 19 1.933,574 6 803 074 ,911,197 6 930 559 2,372,949 6661 172 2,335,039 6 758 846 TOTAL FUNDS 8 736 648 8 841756 9 034 121 9 093 903 22 December 2025 | 19.'37 GMT The financial statements were approved bythe Board ofTTuslees and authorised for issue on............................................. and were signed on its behalf by.. G Speakman - Truste¢ The notes fonn part of these financial statements Page 16
Docu$r Envelope ID.. F83EOC2F4)59B4FSE-97DBQ41740CD7D41 WIGAN BOYS & GIRLS CLUB CONSOLJDATED STATEMENT OF CASH FLOWS for the Year Ended 31 March 2025 2025 2024 Notes Cash flows from operatlng attivides Cash gen¢raied from operations 170 902) Nti casli used in opeTating activitics 170 902) Ca$h flows from Investing activltles Purchase of tangible fixcd assets Jntercst received {4,S02) (11,219) Nei cash provided by investing activities 16.000 Change In cash ind c•sh equlv#lent$ In thé rtpoytlng perlod Cash ¢ish equivaltnls •t the beginnlng of the reporting perlod (154,902) 9,429 .970 635 961206 Cash and csh equlvalents at the end of the reportlng period 815 733 1970 635 The nos fonn part of these financial slalements Page 17
l)ocuslgn Envelopo ID.. FB3EDC2F-059B4F5E-9708-241740CD7041 WIGAN BOYS & GIRLS CLUB NOTES TO THE STATEMENT OF CASH FLOWS for the Yogr Ended 31 March 2025 RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Net expenditure for the reporting period (as per the Statement of Flnanclal Activliies) Adjustments for: Deprecialion charges (Gain)/loss on investTnenl Interest received Increase in debtors (De¢reaseyincrease in creditor5 (105,108) (238,356) 128,890 (3.351) (20.502) (18.616) 152215 145,481 (33.244) (12.285) (43.655) 190 842 N¢t ¢g$h used In operations 170 902) 8.423 ANALYSIS OF CASH AND CASH EQUIVALENTS 2025 2024 Cash and cash equivalents 1815 733 970.635 Totsl cash and cash cquivalents 815733 970 635 ANALYSIS OF CHANGES IN NET FUNDS At 114124 Cash flow Ai 3113125 Net cagh Cash al bank and in hhnd 1970 635 154902 815733 1970 635 154902 815733 Total 1970 635 154902 815 733 The notes forni part of these financial slalernents Page 18
Do¢usNJn Envelope ID: F83EDC2F-05984F5E-97D8-241740C07D41 WIGAN BOYS & GIRLS CLUB NOTES TO THE FINANCIAL STATEMENTS for tht Year Ended 31 March 2025 ACCOUNTING POLICJES Basls of preprlng the fln#n¢il $tAtement$ The fJnan¢ial statemen15 of the charitable company. which is a public benefit entity under FRS 102, have been prepaTed in accordance wilh the Charities SORP (FRS 102) 'Accounting and Reporting by Charilies.. Stalement of R¢commendcd Practice applicable lo charities prcparing their accounts in accordance with ihc Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l Janu#ry 2019),, Financial Reporting Standard 102 'The Financial Reporting Stsndard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convcnlion, with Ihc exception of investmenis which are included al maTket value. as modified by ihe revaluaiion of Certain asseis. Basis of ¢onsolidatlon The gTOUP financial stAtement$ ¢onsolidJte th¢ financial stsiem¢nls of Wigan Boys and Girls Club and ils subsidiary lo 31 March 2025. The consolidaicd financial slat¢rn¢nt$ include th¢ r¢5uli$ of the activili¢s described in the R¢port of the Trustees, all of which are ¢ontinuin8. Slgnlflc4nt Judgements and estimat¢s Preparation of the financial slalemenls requires management to make signifi¢Jnt judgemcnts And estimAtes. The items in the financial stalements whcre these judgements 8nd estimates have been made include.. (a) Impalrment offixtd asseti Ai each reporting dale fixed assets are reviewed to deierniine whether Ihere is any indication Ihat those asseis hav¢ suffered an impaimient loss. If there is an indication of possible impaimienl, Ihe recoverable amounl of any aff¢¢ted asset is eslimthted and compared wilh its carrying amount. If Ihe recoverabl¢ amount is lower, Ihc caryin8 amount of the assei is reduced io ils Tecoverable amount and an impairnienl loss is recognised immediately in the profil or loss. If an impaimient loss is subsequenily reversed. Ihe carying amount of Ihe assei is increased lo Ihe revised estimate of ils recoverllble 8mount, but not to exceed the amount that would have been detemiined had no impainnent loss been recognised for lh¢ asset in prior periods. A reversal of an impainncnt Ioss 15 r¢co8nised immediately in Ihe profit or loss (b) Useful economlc Ilves The useful economic lives of fixed assets are assessed on an annual basis based on the latest available infornialion. Managemeni believe Ihat ihe usefvl economic lives being used currently are still appropriate. In¢ome All in¢oming resour¢es are included on the Statement of Financial Aclivities when the charity is legally cnliiled to the income and Ihe amounl can be quanlified with reasonjble accuracy. Donaiions and similar in¢omin8 resources are in¢lude41 in the period in whi¢h they are receivable, which is when the charity be¢omcs entitl¢d to the resource. Grants. including grants for the pur¢has¢ of fixed assets, are re¢ognised in full in thc Stalemenl of Financial Activities in the year in which they are receivable, except for those grants which are foT a future specific period, in which case the relevant amount is deferred to thal period. Inveslment income is recognised in the year in whi¢h it is receivable. Expendlture and Irrecoverable VAI Expenditure is accounled for on an accruals basis and has been classified under h¢adings that aggr¢gate all cost related to the category. Where cosls cannot be directly attributed to PaTticular headings they have been allocated to activities on a basis consistent with the use of resources. Expenditure on raising funds are those cosls Incued in attracting volunlary income. and those in¢u¢d in trading aciivilies that Taise funds. Page 19 conlinucd...
DocuBlgn ErweI0 ID.. F83EDC2F4159B4FSE-9708-241740C07041 WIGAN BOYS & GIRLS CLUB IYOTES TO THE FINANCIAL STA TEMENTS- eontlnued for the Year Ended 31 March 2025 ACCOUNTING POLJCIES- continued Expendlture •Dd Irreeoverable vat Chariimble expenditure comprises ihose costs Incued by the charity in ihe delivery of its activities and services, and include both direct and support costs relating to ihese activities. Governance c051s include ihosc Costs associated with meeting the nstItUtIOnal and st8tulory requirements of the charity and include the audit fees. Value Added Tax {'VAT') is not recovcrable by the Charity and the relevant costs are ststed gross in the Staiement of Financial Aclivilie5. Thc trading Subsidiary is registered for VAT. Government Sntome Government income comprises grants and subsidies provided as a direct result of ihe Covid-19 pandemic and is recognised in the period to which il relalcs. TAn8ible fixed a$sets Tangible fixed ass¢ls are stated al cost Ics5 depre¢iation and impairni¢nt. Dcprecialion 1$ provided at ihe following annual ralcs in order to wrilc off each oss¢t over ils e$lim&led useful life. Long leasehold land and building5 IOll/o on cost and l 0/0 on cost Website development ¢osis Fitlin85, furnilure and equipment Motor vehicles Computer equipment Software development IIY/o on cost IOtl/o on cosl 20•/¢ on cosi 25•/0 on cosl 25•/p on cosl Taxgtlon The charity is exempl from corporation tax on ils charitable aclivities. The charity is able to recover iaxation on Gift aid and makes periodi¢ re¢laims, with Ihe credils iaken to Inrne in the period whcn received. Fund accounting Unresiricled funds can be used in accordance with Ihe charitable objeclives at the discretion ol Ihe truslees. Restricted funds ran only be used for particular rcslricl¢d PUTposes within ihe obj¢¢ts of the charity. Rcstriclions arise when specified by the donor or when funds arc raised foT Particular restri¢ted purpose$. Further explanation of the natur¢ and puTrose of ¢8¢h fund is included in nolc 18 to Ihe financial statements, Deslgnated funds Designated funds are sel aside by the Board of TTUStees out of the general funds for Specific fuWr¢ purposes or projects. Flxed asset investments Fixed assel inveslments in share5 in Subsidiary und¢rtakings are slated at cosl. Other inveslrn¢nts ar¢ Galea at fair value in lh¢ balance sheel, with any adjustm¢nlS to the market price of the shares recognised through the Stalemenl of Financial Acliviiies. Flnancial instruments The charitsble group only has financTal assets and financial liabililies of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured al ih¢ir settlement value. Related party loans have no 5tsted inteTCSt raie, aTe payable within one year and are measured at the undiscounted amount due. Page 20 continued...
Oocustgn Env•low ID: F83E0c2F9B4FsE-g7D&241F4oCD7D4l GAN BOYS & GIRLS CLUB NOTES TO THE FINANCIAL STATEMENTS - ¢ontlnued for the Year Ended 31 Marcb 2025 ACCOUNTING POLICIES- ¢ODilnued Legal status of the charlty The Charity is a company limited by guaranlee and has no share Capitsl. The liability of ¢a¢h member in the cvcnl of winding up is limit¢d to £1 O. The summary financial perfomiance of the Charity alone is: 2025 2024 Incoming resources 2 039 899 1575 018 Resources expended Gov¢mance costs 2,079.403 20 278) 1,817,230 Net In¢omingJ{outgoing) resources (59.782) {261,108) Total fund$ brought forward 9 093 903 9355011 Tot41 lund$ ¢arrled fonward 9034 121 9.093 903 Represented by.. Unrestricted funds Restrict¢d funds 2,377,861 6 656 260 2,335,039 6 758 864 Totsl net assets 9034 121 9 093 903 The consolidaied statemeni of financial activities includes the results of Ihe Charity's wholly owned subsid1, Wigan Boys & Girls Club (Trading) Limited (regi$i¢rcd company number.. 08891815 and wilh the same regislcred office as ihe Charity). The company provides a subsidised caterin8 service and provide an entertainment venue for the senior group. The charity owns Ihe cnlire Sharc Capilal of l ordinary shthr¢ of £1, l A ordinary share of £1 and 2,000,000 pr¢feren¢e shares of £ l. A summary of the trading results is shown bclow.. 2025 2024 Turnover Other income Cost of sales and administration costs 64.904 82.707 70,663 81.675 Nei profitl(loss) (45,326) 22,752 Tax Retained in subsidiary The assels and liabililics of Ihc subsidiary were.. Fixed assets Cent assets Current liabilities 1,682,711 119,887 1,717,004 142,144 Totsl net assets 1702 529 1747 855 Aggregate share capital and reserves 1702 529 1747 855 Page21 conlinued...
Do¢uslgn Erbv•lw ID.. FB3EoC2FS9B4F5E-97D8.24lT4OcD7o41 WIGAN BOYS & GIRLS CLUB NOTES TO THE FINANCIAL STATEMENTS - contlnued for the Year Ended 31 March 2025 DONATIONS AND LEGACIES 2025 2024 Donalions Gift aid recoverable Grants 754,765 11,515 933 178 753,739 8,372 611.689 1699 458 373 800 OTHER TRADING ACTIVITIES 2025 2024 Fundraising events Renl received 261,814 116,394 313 186 165250 INVESTMENT INCOME 2025 2024 Deposit account inierest INCOME FROM CHAIUTABLE ACTIVITIES 2025 2024 Activity Membership and club entry fee5 Shop and café income Youth projects and activilics Youth projects and activities 58,125 72,539 123 029 143 202 OTHER INCOME 2025 2024 Other income Gain on revaluation of invcstmeDts 31,335 32,819 34.686 RAISING FUNDS Rgising don•tlon8 and legacles 2025 2024 Fundraising expenditure Shop and café expendilure 26,455 10,744 77.240 Page 22 ¢onlinued...
D¢xusign Envelopè ID.. F83EDC2F-059B4FSE-97DB-241740CD7D41 GAN BOYS & GIRLS CLUB NOTES TO THE FINANCIAL STATEMENTS- eontinued for the Year Ended 31 March 2025 CHARITABLE ACTIVITIES COSTS Direct Support Costs (see Costs (see Note 9) Note l O) 2025 2024 Youth projects and activitie$ 2 187775 30954 2218729 931) 24)5 DIRECT COSTS OF CHARITABLE ACTIVITIES 2025 2024 Staff costs InsurarJ¢e Light and heat Rates and water Telephone Postage and stationery AdvertisiJ)g Sundries Aetivity delivery ¢osis Training and recruilmenl Legal and PTofeSSiOTJal fees Sc¢urTty TTavelling and entertainn)ent CompuieT expense$ Subscriptions Clothing and uniforni$ Rcpairs and mainlenancc Donations paid Deprecialion 1,501,924 36,065 102,288 3,713 3,344 5,960 3,208 3,911 175,932 ,267,916 33,638 129,296 2,765 6,120 4,615 9.293 2.474 173,596 7,526 408 491 5,871 24,076 14,051 1,020 54,525 24,999 145481 3,041 533 7,334 29,832 19,312 3,554 80,970 77.000 128 890 2187775 1908211 io. SUPPORT COSTS Governance ¢oslS Finance 2025 2024 Youth projects and activilies ij. NET INCOMEI(EXPENDITVRE) Nct incomel{expenditure) is stated after charging: 2025 2024 Auditors, remunerAlion Depreciation - owned assets 11,880 128 890 11.350 145 481 12. TRUSTEES, REMUNERATION AND BENEFITS There were no trusiees, remuneration OT oiher benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Tru$te¢s' expenses There were no trustee5' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. Pa8e 23 continued...
DocusSgn Envelope ID.. F83EOC2F4)5984FSE-9708-241740C07D41 WIGAN BOYS & GIRLS CLUB NOTES TO THE FIN'ANCIAL STATEMENTS- continued for the Year Ended 31 March 2025 13. STAFF COSTS 2025 2024 Wages and salaries Social security costs Oiher pension costs 1,380.465 86,808 ,165,381 73.283 1,501,924 1267916 The average monthly number of employccs during the ycar was as follows: 2025 77 2024 67 Charitable activities Generating funds Adminislralion 90 79 The nurnber of employees whose employee benefils (excluding employ¢r pension costs) exceeded £60,000 was: 2025 2024 £60,001- £70,000 £70,000- £80.000 14. TAIYGIBLE FIXED ASSETS Long leasehold land and buildings Fitlin8S. fuTniture Webslte developmcnl costs GROUP equipment COST At l April 2024 Addilions 7,630,723 45,228 681,280 606 At 31 March 2025 7 630 723 681886 DEPRECIATION At l April 2024 Charge for year 930,622 41,359 596,857 AI 31 M4T¢h 2025 1023 906 620 374 NET BOOK VALUE At 31 March 2025 6606 817 At 31 MaT¢h 2024 6700 101 Pag¢ 24 continued..
Docusign En¥ek¥ ID.. F83EDC2F4)59B4F5E-97D8-241740C07D41 WIGAN BOYS & GIRLS CLUB IYOTES TO THE FINANCIAL STATEMENTS - ¢ontlnued for tht Year Ended 31 March 2025 14. TANGIBLE FIXED ASSETS - continued Motor vehicles Compuier Sotlware equiprntnt development Totals COST At l April 2024 Additioiis 18,000 234,637 10,000 8,619,868 At 31 March 2025 18,000 238.533 i 0,000 8,624.370 DEPRECIATION At l April 2024 Char8e for year 18,000 211,590 10,000 1,808,428 128890 At 31 March 2025 220 977 937 318 NET BOOK VALUE At 31 March 2025 6 687 052 Ai 31 March 2024 6811440 Long leasehold land and buildings Fittings, furniture and equipment Website development cosis CHARITY COST At l April 2024 Additions 5.803,203 45,228 528,768 606 Ai 31 March 2025 5 803 203 529 374 DEPRECIATION Ai i April 2024 Charge for year 779,770 41,359 484,680 Ai 31 March 2025 854 457 492 501 NET BOOK VALUE Al 31 MaTch 2025 4 948 746 At 31 March 2024 5 023 433 Page 25 ontinued...
Docusign Envelo ID: FB3EOC2F4159B4FSE-9708-241740CD7D41 WIGAN BOYS & GIRLS CLUB NOTES TO THE FNANCIAL STATEMENTS - ¢ontlnu¢d for Ihe Ye#r Ended 31 March 2025 14. TANGIBLE FIXED ASSETS - tontlnued Motor vehicl¢s CompuieT equipmenl Totsls COST Al l April 2024 Additions 18,000 203,538 6,598.737 At 31 March 2025 18.000 207,434 6.603 239 DEPRECIATION Al l April 2024 Charge for year 18.000 180.491 .504.300 At 31 March 2025 189877 1598 898 NET BOOK VALUE Ai 31 March 2025 5 004 343 At 31 March 2024 5 094 437 15. FIXED ASSET IIYVESTMENTS Other investrn¢nts GROUP Totals MARKET VALUE At l April 2024 Revaluations 281,503 281,503 At 31 March 2025 284 854 284 854 NET BOOK VALUE At 31 March 2025 284 854 284 854 Al 31 March 2024 281503 281503 There were no investment assets outside the UK. Shares in group undenakings Other investments CHARITY Totals MARKET VALUE At l April 2024 Revaluaiions 2,000,002 281,503 2,281,505 At 31 March 2025 2 000 002 284 854 2 284 856 NET BOOK VALUE At 31 March 2025 2 000,002 284 854 2 284.856 At 31 March 2024 2 000 002 281503 2 281505 Pa8e 26 continued...
Docuslgn Envekipe ID.. FB3EDC2F4J59B4FSE-97DB-241740CD7D41 WIGAN BOYS & GIRLS CLUB NOTES TO THE FINANCIAL STATEMENTS - eontinued for the Year Ended 31 March 2025 15. FED ASSET INVESTMENTS - continued Cosi or valuation at 31 March 2025 is represented by- Shares in group undertakings Oihcr investhients Totsls Valualion in 2021 Valuation in 2022 Valuation in 2023 Valuation in 2024 Valualion in 2025 Cost 4,961 8,847 (15,549) 33.244 3,351 4,961 8.847 (15.549) 33,244 3,351 2 2SO 002 2 000 002 2 000 002 284 854 2 284,856 The charity's investhienls at the Sialemenl of Financial Position dale in the share ¢apitsl of ¢ompani¢s include the following: Dlrectllndlreet Hold5ng Sub$idl8ry Prlnclpal Actlvlty °/0 Holdlng Wigan Boys & Girls Club (Trading) Limiied Caierin8 I OOYO Direct 16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR GROUP 2025 GROUP CHARITY 2024 2025 CHARITY 2024 Trade debtors Amounts owed by group undertakings Other debtors 148,486 146,018 143,845 84,345 121,355 90,387 234 800 210 142 314041 274 819 17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR GROUP GROUP CHARITY 2025 2024 2025 CHARITY 2024 Trade ¢r¢diiors So¢ial security and other laxe5 Other creditors Accrua15 8nd deferred income Ta 61,272 34,045 241 190,233 85,332 31,373 4,116 309,373 60,224 26,620 241 182,983 80,417 24,765 3,778 302,100 285 791 431966 270 068 411060 Deferred income 15 ¢ompri5cd of several restricted fimd$ that rcl8le lo periods beyond the financial ye¥r end. Page 27 onlinued...
Oocuslgn Envelopo ID.. F83EOC2F4J59B4F5E-97DB-241740CD7D41 WIGAI¥ BOYS & GIRLS CLUB NOTES TO THE FIN'ANCIAL STA TEMENTS- tontinued for the Year Ended 31 March 2025 18. ANALYSIS OF NET ASSETS BETWEEN FUNDS General unreslriclcd funds 2025 Toial funds 2024 Totsl Funds Designated funds Reslriclcd funds Fixed assets Inve$thienl8 Current assets Current liabilities 6,687,052 6,687.052 284,854 2.050.533 285.791 6.811,442 281,503 2.180.777 431,966) 284.854 1,398,290 149.570) 400,000 252,243 136221) 533 574 400 000 6 803 074 8 736 648 8 841756 Page 28 continued...
Docuslgn Envebptt ID.. F83E0c2F984FSE.97D8-24174Oc07D4l WIGAN BOYS & GIRLS CLUB NOTES TO THE FINANCIAL STATEMENTS - contIned for thc Year Ended 31 M#r¢h 2025 J9. MOVEMENT IN FUNDS Nel movemenl in thnds Transfers between funds Ai 3113125 At 114124 Unre$triettd funds G¢n¢rnl nd Designated Funds ,786,197 125 000 (123,623) (129,000) .533.574 J.911,197 (123,623) 146,000 ,933,574 Restrltted fuDd$ Fixed assets Arts Council Procure Plus NCS Children in Need HAF- Holiday Club Cash4Kids Onside - Wellness Charles HaywaTd Foundalion UK Youth Inspire Future You FiredUp4Clay Burberry Project Leigh Youth Club Eric Wright Haich UK Youth KFC Access Fund Off the GTid You're The Besl Fesi Evenl- Wigan Council Onside Residential Fund Cost of Living Grant - National Lottery Supporting Our Communities- HSBC Lifeskills + (GMCA- WEA - UKSPF) Worsley Hall Alliance - GM VRU DofE - The Award Scheme Milliken Foundation Onside- C4denl Building Conne¢lions- UK Youth Wigan Council February Holiday Club 6,811.442 499 (124,390) 6,687,052 499 27,000 (27,000) 239 951 7,619 708 1,644 239 950 7,619 708 1,646 (i) 1,630 {1,630) (328) 328 3,475 34,568 154 4,953 644 3,475 34,569 (513) 359 (30) (9,638) (40,000) (49,939) 4,923 645 9,639 40,000 41.546 8,393 1,307 6,601 ,307 6,601 3,482 1,913 41,967 1,285 3,344 850 5,617 5,257 41,967 (i) 2,508 (1.941) (440) (98) {1,948) 21,977 (2.508) 1,941 440 98 1,948 (21,977) 6 930 559 146000 6 803 074 TOTAL FUNDS 8 841756 105,108) Designated lunds The Iruslees have dcsignal¢d certain unrestricted funds totalling £41)0.000 (included in the net movement above). foT cssenlial fulure spending. These include monies for specific project$. planned repairs and mainlenance programmes. Any excess T¢sour¢¢$ expended in any one period will b¢ covered by unrestri¢led funds. Page 29 ntinued...
Oocugign Envelow ID.. FB3EDC2F-059B4F5E-970B-241740CD7041 WIGAN BOYS & GIRLS CLUB NOTES TO THE FINANCIAL STATEMENTS- Contlnued for th¢ Year Ended 31 March 2025 19. MOVEMENT IN FUNDS - continued Nel movemenl in funds. included in the above are as follows: In¢orning resources Resources expended Movement in funds Unre$trl¢ted fundi General fund 1,430,083 (1,553,706) (123.623) Restricted funds Fixed asseis Pro¢ure Plus NCS HAF- Holiday Club WYZ Adventure Project- GMCA Cash4Kids Onsidc - Wellness Charles Hayward Foundation FiredUp4Clay Seniors Holiday Hunger Burbe Proj¢¢i Leigh Youih Club Eric Wright Hai¢h UK Youth KFC Youih Music Fund You're The Besi Fest Event - Wigan Council Onside Residential Fund Jigsaw Foundalion Supporting Our Communiti¢$ - HSBC Youih Empowemncnt- Million Hours Life5kills + (GMCA- WEA - UKSPF) Worsley Hall Alliance- GM VRU Onside Foundation DolE - The Award Schem¢ Millik¢n Foundalion ARIS - Skatepark I Sports Hall l Gym Onside - Cadenl UFC Boxin8 Building Connections- UK Youth Shaping Carc Fund - GMCA Miller Homes Community Fund UK Youth Summer Jobs Programme Wigan Council February Holiday Club Aris (PCC) (124.390) (124.390) 27,000 27,000 11.659 59,619 1.264 2.997 27,559 20.000 i 0.000 2,718 13,944 121,163 40.000 45.664 45,297 (11,659) (61,249) (1,264) (2,997) (27,559) (20,328) (10,513) (2,718) (13,944) (111,524) (1,630) {328) (513) 9,639 40,000 41,546 (4,118) {45,297) 5,000 7,968 9,430 6.764 33,433 63,046 20,658 44,497 9.476 7,840 5,961 48,750 12.947 23,400 5.591 202 7.850 4,081 (3,715) (4,624) (9,430) (6,765) (33,433) (60,538) (22,599) (44,497) (9,916) (7,938) (5,961) (50,698) (12,947) (1,423) (5,591) (202) (7,850) (1,576) 1,285 3,344 (i) 2.508 (1.941) (440) {98) (1,948) 21,977 2,505 760 778 742 263 TOTAL FUNDS 2 190 861 2 295 969 105 108 Page 30 continue41...
Oocuslgn Envelope ID.. F83EOC2F-059B4FSE-9708-241740CD7D41 WIGAN BOYS & GIRLS CLUB NOTES TO THE FINANCIAL STATEMENTS - continued for the YeAr Ended 31 Mar¢h 2025 19. MOVEMENT IN FUNDS- continued Comparatives for movement in fumd$ Net movement in fiinds Transfers between fiinds At 3111124 At 114123 Unrestrl¢ted funds General fund Designated Funds 1,994.743 125000 (316,256) 107.710 ,786,197 125 000 2,119.743 (316,256) 107,710 1,911,197 Reglrlcted fund$ Fixed assets Arts Council Procure Plus NCS Children in Need HAF - Holiday Club SHCJ - Inclusion Coordinator Cash4Kids P2P (Year 2) ESF- Sicp Ahead Onside - Wellness Charles Hayward Foundation UK Youth Inspire FutUTe You The Asda Foundation FiredUp4Clay Seniors Holiday Hunger Burberry Project Leigh Youth Club Eric Wrighi Presidenis Cup HAlch UK Youth KFC Access Fund Off the Grid Youth Music Fund You're The Besi Fest Event- Wigan Council Onsidc Residcnlial Fund Cost of Living Grant- Nalional Lottery Jigsaw Foundation Youth Empowcmnent - Million Hours Onside Foundalion 6,945,644 (134,202) 499 6.000 239 {109) 3.849 631 708 (246) 6,811.442 499 2.918 (8,918) 239 951 7,619 1,060 3,770 (631) 708 246 (1,087) 1,087 754 890 {721} 3,475 34,568 ,644 721 3,475 34,568 200 (200) 154 {150} 7,830 38,072 35,000 154 150 {2,877) {37,428> {35.000) (18) (19,655) 4,953 644 18 5,252 ,708 3,500 22,796 (401) 3.101 6,982 8,393 ,307 6,601 (6,982) 3,482 1.913 41,967 {7) (144) 48) 3,482 1,913 41.967 144 48 6962 141 107710 6 930 559 TOTAL FUNDS 9081884 240 128) 8 841756 Pa8e 31 continued...
Docusign Env•lope ID.. FB3EDC2FJJ5984FSE-97D8-241740CD7041 WIGAN BOYS & GIRLS CLUB NOTES TO THE Flh'ANCIAL STATEMENTS- ¢ondnued for the Y¢ar Ended 31 March 2025 19. MOVEMENT JN FUNDS - continued Comparativ¢ net mov¢m¢nt in funds, includ¢d in the above are 8$ follows: Incoming resources Resources expended Movement in funds Unrestricted lunds General fund 1,167,049 (1.483,305) (316.256) Restricted fund$ Fixed asseis Arts Council Procure Plus NCS Children in Need HAF- Holiday Club WYZ Adventure Project - GMCA SHCJ - Inclusion Coordinator Cash4Kids P2P (Year 2) Onside - Wellness Charles Hayward Foundaiion UK Youth Inspire FUre You FiredUp4Clay Seniors Holiday Hunger BuTbcry Project Leigh Youth Club Eric Wnghl Halch UK Youth KFC Access Fund Off the Grid Youth Music Fund You're The Besi Fesi Event - Wi88n Council Onside Residential Fund Cost of Living GTant- Nalional Lottery Jtgsaw Foundalion Supporting Our Communiti¢$ - HSBC Youth Empowemncnt- Million Hours Life5kills + (GMCA - WEA - UKSPF) Worsley Hall Alliance- GM VRU Onside Foundation (134,202) (29.241) (134,202) 499 6,000 239 (109) 3.849 29,740 6,000 6.744 18.761 54,179 4,600 4.343 2,000 <218) 31.101 20.280 11.052 49,098 9,881 4,642 20,356 115,306 35,000 29,221 (6,505) (18,870) (50,330) (4.600) (3,712) (1,292) (28) {30,211) {21,001) (7.577) {14,530) (9,727) (4,792) (12,526) (77,234) 631 708 (246) 890 (721) 3,475 34,568 154 {150) 7,830 38,072 35,000 22.796 {401) 3,101 6.982 (6,425) (401) {399) (38,416) 3,500 45,398 6.000 5,533 59,092 9.333 3,332 .224 7,434 619 (2,518) (3,620) (17,125) (9,340) (3,332) (1.368) (7,434) (619) 48) 48) 3.482 1,913 41,967 (7) {144) 593 551 517423 TOTAL FUNDS 2 000 728 1760600 240128) Designated funds The trustees have de5ignaled certain unrestricted funds lotalling £125.000 (included in the nel movemenl above), for essential future sp¢ndin8. Th¢se includ¢ monies for specifi¢ projects, planned r¢paiTS and mainlcnance programmes. Any excess resources expended in any one period will be covered by unrestricted fvnds. Page 32 ¢onlinued...
Docuslgn Envelope ID.. F83EDC2F4159B4FSE-97D&241740CD7041 WIGAN BOYS & GIRLS CLUB NOTES TO THE FIN'ANCIAL STATEMENTS - continued for the Year Ended 31 March 2025 20. OTHER FINANCJAL COMMITMENTS There is a l¢as¢ relating lo ihe land at Parsons Walk, Wigan with Wigan Borough Council. The lease is for 125 years from th¢ 12 Augusl 2011. The principal rent is an annual sum of one pepperwrn. The property is subject to a lien in favour of the Football Foundation in respecl of a grant made to the charity. 21. RELA TED PARTY DISCLOSURES The charitsble company has taken advantage of exemption, wJdeT ihe tern)s of Finan¢&al Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,, noi io dis¢lose related party transactions wilh wholly owncd subsidiaries within the group. Members of the management board andlor OTgaDisaiions in which they are a part have made donations or raised nds on behalf of the Charity lolalling £56,050 (2024.. £50,000). No other trustee or other person related to the charity had any personal inteTCSt in any contract or ITansaction entered into th¢ charity during th¢ year. There ar¢ no other moieri81 related paty transaclions that r¢quir¢ disclosure in the financi815tatemcnls. Page 33