OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-03-31-accounts

Registered number: 07025561 Charity number: 1134580

(A company limited by guarantee)

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

THE MANCHESTER YOUTH ZONE LIMITED (A company limited by guarantee)

CONTENTS

Page
Reference and administrative details of the charity, its trustees and advisers 1
Chairperson's statement 2
Trustees' report 3 – 10
Independent auditor's report 11 – 13
Statement of financial activities 14
Balance sheet 15
Statement of cash flows 16
Notes to the financial statements 17 – 35

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025

Trustees

Dr Jo Jolliffe, Chair Simeon Livesey Andrew Cooke Cllr Joanne Green Yvonne O’Malley Nicholas Gittings – (resigned 31[st] January 2025) Debbie Wright (Onside Representative) Robert Cregeen Samuel Remi-Akinwale Siobhan Hanley Gwynyth Wilson – (appointed 1[st] January 2025) Colin Bell – (appointed 11[th] November 2024)

Company registered number

07025561

Charity registered number

1134580

Registered office

The Manchester Youth Zone Limited, 931 Rochdale Road, Harpurhey, Manchester, M9 8AE

Chief executive officer

Heather Etheridge (appointed 1[st] April 2024)

Independent auditor

Crowe U.K. LLP, 3rd floor, St George’s House, 56 Peter Street, Manchester M2 3NQ

Bankers

Co-operative Bank, PO Box 250, Delf House, Skelmersdale, WN8 6WT

The chair presents their statement for the period.

1

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

Message from our Chair

Manchester Youth Zone (MYZ) continues to be a beacon of support, opportunity, and inspiration for young people across North Manchester. With every year, our commitment grows stronger, and 2024–2025 marked an exciting new chapter for our charity.

In April 2024, we welcomed our new Chief Executive Officer, Heather Etheridge, whose leadership has already brought transformational change to Manchester Youth Zone (MYZ). Heather has overseen the creation of a new mission statement, alongside the co-design of our MYZ values with staff, young people, and trustees alike. These values, Honest, Respect, Authentic, Proactive, Trust, Driven, Care, and Understanding, are now embedded at the heart of everything we do. They represent not just words, but a shared purpose: to create passion and pathways for every young person we work with.

This year, we also finalised work on our DCMS Youth Investment Fund project, with the capital investment completed in March 2025. This major milestone included significant improvements to our facilities and infrastructure, ensuring MYZ continues to be a safe, welcoming, and inspiring place for our young people. We are thrilled to be planning a full relaunch of the centre in the next financial year, where these changes will be showcased to our community and supporters.

We have worked on strengthening our governance by establishing a new sub-committee structure operating from January 2025, as well as establishing new processes. The Board retains full control of decision making. We are piloting the new sub-committee arrangements for one year, after which there will be a full review. Three sub-committees (Finance and Fundraising, Quality and Risk and Youth Provision), were formed, reporting directly to the Board. Trustees sit together with members of the Senior Leadership Team on subcommittees, allowing detailed scrutiny of the relevant matters, detailed in Terms of Reference. This model is already ensuring sharper accountability, stronger collaboration, and more effective decision-making across our charity.

Looking forward, our newly developed Business Plan 2025–2030 sets a bold and ambitious course for MYZ. It focuses on four clear objectives that will drive transformation and growth:

  1. Youth membership and retention – ensuring more young people join MYZ and stay engaged.

  2. Quality programme development and integration – delivering the best possible services and opportunities. 3. Communication and marketing – raising our profile and ensuring young people and families know how we can help.

  3. Resource allocation and funding strategy – securing the sustainability needed to achieve our vision.

We are excited about the journey ahead and the positive changes already underway. As ever, none of this would be possible without the dedication of our staff, the passion of our volunteers, the commitment of our trustees, and the generosity of our funders and partners. Together, we are building on a strong foundation and ensuring

that Manchester Youth Zone continues to deliver life-changing opportunities for young people in our community.

Dr Jo Jolliffe Chairperson Signed

Date 16[th] December 2025

2

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

The trustees, who are also non-executive directors of the company, present the following report together with the audit financial statements of the charity for the period ending 31 March 2025, having taken advantage of the small companies’ exemptions provided under S415A of the Companies Act 2006.

CONSTITUTION

The charity is registered as a charity company limited by guarantee and was set up by a Memorandum of Association on 27 August 2009 (charity number 1134580). Management of the charitable company’s affairs is vested in the co-trustees.

In the event of a winding up, the present members and those who have ceased to be a member within one year of such an event have guaranteed the liabilities of the company to the sum not exceeding one pound each.

METHOD OF APPOINTMENT OR ELECTION AND INDUCTION OF TRUSTEES

When appointing new Trustees, the Board considers the following:

Upon appointment to the Board, Trustees are expected to attend bi-monthly Board meetings for which papers are submitted a week prior to the date.

The memorandum and articles of association states that the number of trustees shall have no maximum and shall not be less than three.

Full details of the rules are contained in the company’s memorandum and articles of association, which may be inspected at the registered office.

Newly appointed trustees are provided with a comprehensive induction to Manchester Youth Zone through the provision of in-house training and an induction with the CEO covering trustee responsibilities with particular emphasis and context given to Safeguarding and Financial risk.

ORGANISATIONAL STRUCTURE AND DECISION MAKING

Manchester Youth Zone is governed by its board of trustees, which is responsible for setting the strategic direction of the organisation and the policy of the charity. The trustees carry the ultimate responsibility for the conduct of Manchester Youth Zone, and for ensuring that the charity satisfies its legal and contractual obligations. The trustees meet on a bi-monthly basis.

Senior Leadership Team

The Chief Executive (previously Amanda Naylor OBE until 31[st] January 2024, now Heather Etheridge (appointed 1[st] April 2024)) provides strategic leadership in Manchester Youth Zone with the leadership team developing and delivering the 2022 - 2024 Strategy and associated annual business plan.

The CEO is supported by four members of the Senior Leadership Team.

3

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

Executive Summary

The 2024-25 fiscal year has been a transformative period for Manchester Youth Zone. Our continued commitment to empowering young people has led to significant achievements despite numerous challenges. This report encapsulates our journey over the past year, highlighting our successes, financial stability, and future directions.

1. Organizational Overview

Manchester Youth Zone, established in 2012, has grown to become a cornerstone for youth development in Manchester. With a dedicated team of 56 staff and 25 volunteers (including young leaders), we provide a safe and nurturing environment for young people aged 8-25.

2. Mission and Vision

Our mission is to create, purpose, passion and pathways . We do this by creating a space a space where every young person has the opportunity to thrive and achieve their full potential. Our core values include:

3. Key Achievements and Highlights

Community Reach: We have provided a safe and constant service to more children than ever before amidst increasing challenges such as serious youth violence, poverty, and health inequalities. We are proud to have supported 2,949 children this year and also hosted a community fun day which welcomed individuals from the community.

Support Services: We continued to suspend subscription fees, offer a free hot meal to every child and family member, and provide food, care packages, and crisis payments to more families than ever before. We served over 40,789 free meals during the year.

Family Support: Our family support offer, launched in 2022/23, has grown significantly, supporting families through excellent multi-agency collaborations.

We hosted a family Christmas celebration, which welcomed over 100 children and adults for a festive dinner, visit from Santa and reindeers and other festive activities.

Our board have committed to being a Real Living Wage employer, with all staff being paid at least the Real Living Wage.

4. Financial Performance

Manchester Youth Zone has maintained a robust financial position. This year our revenue totalled £3,189,336 with major contributions from Manchester City Council, Car Finance 24/7 and other donors.

The above income is higher than usual due to the inclusion of the Youth Investment Fund (YIF) grant funding at £1,439,642, which was used to significantly improve our building.

4

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

Expenditures were managed efficiently, focusing on program delivery and facility improvements.

5. Governance and Leadership

Our Board of Trustees, comprising of 11 members, has provided strategic oversight and direction. This year, we implemented new governance practice, enhancing our accountability and transparency.

Leadership Changes:

Dr. Jo Jolliffe remains Chair of MYZ, following the previous Chair stepping down after 9 years of service.

We welcomed our new CEO, Heather Etheridge on 1st April 2024, who brings a wealth of experience to the role.

6. Strategic Goals for 2025-30

Objective 1: Youth Membership Growth and Retention.

Objective 2: Quality Program Development and Integration.

Objective 3: Resource Allocation and Funding Strategy.

7. Acknowledgments

We extend our deepest gratitude to our staff, volunteers, donors, and partners. Their unwavering support has been instrumental in our success. Special thanks to Car Finance 24/7 and Paul Baxter from Corptel for their extraordinary contributions.

5

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

KEY FINANCIAL PERFORMANCE INDICATORS

Total income for the year was £3,189,336 (2024: £5,920,475). Of this, £574,610 was from donations, grants, and legacies (2024: £4,374,055) and £2,400,842 was from charitable activities (2024: £1,281,741) and £213,884 was from other trading activities (2024: 264,679).

Total expenditure for the year was £2,159,626 (2024: £2,097,345). Of this 97.4% was on charitable activities (2024: 94.7%).

The net surplus for the year is £1,029,710 (2024: £3,823,130).

The funds carried forward were £5,400,910 (2024: £4,371,200), of which £5,334,074 (2024: £4,227,634) were unrestricted funds and £66,836 (2024: £143,566) were restricted.

Financial review

RESERVES POLICY

The Trustees have set a reserves policy, that the reserve should be between three- and six-months operating costs. Total reserves as at 31 March 2025 stood at £5,400,910 of which £66,836 were restricted. Unrestricted reserves were £5,334,074. Of these, £4,815,990 relate to fixed assets, leaving £518,084 as free reserves.

Three- and six-months’ expenditure represents between £508,212 and £1,016,424 which is in line with the charity’s policy.

PRINCIPAL FUNDING

During the financial year 2024-25 total income was £3,189,336. Voluntary Income (individually stated where over £25,000)

JD Foundation £40,000 Car Finance £145,250 Together £33,795 ANS £25,000 Other Donations £330,565 Total Donations £574,610 Activities for Generating Funds £213,884

Income from charitable activities (individually stated where over £25,000)

OnSide – Health Impact - £150,000 OnSide – Maker’s Zone - £47,362 MCC – Community grant - £139,560 MCC - Network Youth & Play - £112,670 YIF Grant funding – 1,439,642 Employability – Grant funding - £54,000 Financial literacy project - £50,000 Rothschild - King Baudouin Foundation - £41,031 HAF Easter, Summer & Christmas - £30,480 Eric Wright Charitable Trust - Grant Funding - £35,000 Other - £301,097 Total Income from Charitable Activities £2,400,842

Plans for future periods

The trustees have agreed a five-year strategic business plan for the period 2025–2030, which is focused on three main objectives: Youth Membership Growth and Retention, Quality Programme Development and Integration, and Resource Allocation and Funding Strategy.

6

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

The key targets are as follows:

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

Manchester Youth Zone will implement its 2025–2030 plan through targeted outreach with schools, community groups, and partners to support sustained membership growth. The trustees are committed to embedding a streamlined renewal process, delivering inclusive and high-quality programmes with strong youth input, and supporting staff and volunteers through professional development and qualification opportunities.

The organisation will continue to expand and diversify volunteer and corporate engagement, strengthen partnerships to increase income generation and sustainability, and monitor progress against key performance indicators. Regular quarterly reviews and annual evaluations will ensure continuous improvement and measurable impact in line with the objectives set out in the new strategic plan.

Equal opportunities

The youth zone is an equal opportunities employer and aims to create an environment in which all people are fully valued. We are actively working to increase the diversity of our staff team and have a more representative workforce but still have some way to go, particularly in Board and Senior Leadership positions. We have created wider youth voice opportunities and in response to young people’s requests started girl only, BAME only and disabled people only safe spaces sessions as well as inclusive provision. Stats from the most recent staff survey on race, gender and disability demonstrate that;

Our member demographics show that over 65% of our members are from racialised communities, and over 10% have a disability and/or additional need.

Information on fundraising practices

The Youth Zone’s funding comes from a mixture of donations and grants. The majority of donations come from Manchester’s private sector, as opposed to individual donors, however the charity trustees are aware of the need to protect vulnerable people and other members of the public from fundraising behaviour which:

7

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

The Youth Zone has signed up to the fundraising regulator whereby registered organisations agree to demonstrate compliance with the law. The code of fundraising practice outlines the standards expected of all charitable fundraising organisations across the UK. The standards were developed by the fundraising community through the work of the Institute of Fundraising and Public Fundraising Association.

The Youth Zone’s open and accessible complaints procedures are followed if concerns are raised about fundraising, and the Chairman is kept informed of all complaints, however the Youth Zone has not received any complaints regarding our lack of compliance to fundraising standards or scheme for fundraising regulation, nor has anyone acting on the organisation’s behalf for the purpose of fundraising.

The Youth Zone consults the code of fundraising practice when new fundraising is undertaken and is made aware of changes in policy via updates from the Institute of Fundraising.

The Youth Zone references the code of fundraising practice when undertaking any new forms of fundraising.

Public benefit

The activities of the charity are undertaken to further its charitable purposes for the public benefit. The provision of a high-quality facility for young people responds to a clear, ongoing demand from young people, parents and the wider community for more and better places for young people to go. The facility focusses on attendance and affordable access to all the facilities that are provided and will lead to:

Longer term public benefits will include improved health, reduced crime, enhanced learning and employability and greater community cohesion

The trustees have complied with the duty in section 4 of the Charities Act 2011 to have due regard to the public benefit guidance issued by the Charity Commission.

Trustees’ responsibilities statement

The trustees (who are also directors of Manchester Youth Zone Limited for the purposes of company law) are responsible for preparing the trustees’ report 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 financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the situation of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and 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 company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Disclosure of information to auditor

Each of the persons who are trustees at the time when this trustees’ report is approved has confirmed that:

8

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

The trustees have taken advantage of the small companies’ exemptions provided in Section 415A of the Companies Act 2006.

This report was approved by the Trustees, on the 16/12/25 and signed on their behalf by:

Gwynyth Wilson Trustee

9

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025

Appendix 1 – Impact Report

Page | 10

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

Opinion

We have audited the financial statements of Manchester Youth Zone for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

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 Auditor’s 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 other information comprises the information included in the Annual report other than the financial statements and our Auditor’s report thereon. The Trustees are responsible for the other information contained within the Annual report. 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. 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 course of 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 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.

Page | 11

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement set out on page 8, 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.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

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 an auditor’s report 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.

Details of the extent to which the audit was considered capable of detecting irregularities, including fraud and non-compliance with laws and regulations are set out below.

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 auditor’s report.

Extent to which the audit was considered capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Page | 12

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

We obtained an understanding of the legal and regulatory frameworks within which the charitable company operates, focusing on those laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements. The laws and regulations we considered in this context were the Companies Act 2006, Charities Act 2011 and employment legislation.

Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the trustees and other management and inspection of regulatory and legal correspondence, if any.

We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be the override of controls by management and completeness of grant and donation income. Our audit procedures to respond to these risks included enquiries of management about their own identification and assessment of the risks of irregularities, sample testing on the posting of journals, reviewing accounting estimates for biases and sample testing from grant and donation documentation.

Owing to the 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, the further removed non-compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it.

In addition, 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 non-compliance and cannot be expected to detect non-compliance with all laws and regulations.

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s 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 charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

[This report has not yet been signed] om

Vicky Szulist Senior Statutory Auditor For and on behalf of Crowe U.K. LLP Statutory Auditor Manchester M2 3NQ

18th December 2025

Page | 13

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025

Note
INCOME FROM:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
TOTAL INCOME
EXPENDITURE ON:
Raising funds:
Donations and legacies
Charitable activities
TOTAL EXPENDITURE
8
NET BEFORE TRANSFERS
Transfers Between Funds
17
NET (EXPENDITURE) / INCOME BEFORE
OTHER RECOGNISED GAINS AND
LOSSES
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
Restricted
funds
Total
funds
Total
funds
2025
£
2025
£
2025
£
2024
£
574,610
-
574,610
4,374,055
239,998
2,160,844
2,400,842
1,281,741
213,884
-
213,884
264,679
1,028,492
2,160,844
3,189,336
5,920,475
54,833
-
54,833
111,026
1,110,692
994,101
2,104,793
1,986,319
1,165,525
994,101
2,159,626
2,097,345
(137,033)
1,166,743
1,029,710
3,823,130
1,243,473
(1,243,473)
-
-
1,106,440
(76,730)
1,029,710
3,823,130

1,106,440
(76,730)
1,029,710
3,823,130

4,227,634
143,566
4,371,200
548,070
5,334,074
66,836
5,400,910
4,371,200

The notes on pages 25 to 44 form part of these financial statements.

Page | 14

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

BALANCE SHEET AS AT 31 MARCH 2025

2025 2024
Note £ £ £ £
FIXED ASSETS
Tangible Assets 13 4,815,990 3,679,600
CURRENT ASSETS
Stock 14 1,266 1,928
Debtors 15 136,771 133,473
Cash at Bank & In Hand 884,265 681,257
1,022,302 816,658
CREDITORS:Amounts falling
due within 1 year 16 (437,382) (125,058)
NET CURRENT ASSETS 584,920 691,600
NET ASSETS 5,400,910 4,371,200
CHARITY FUNDS
Restricted Funds 17 66,836 143,566
Unrestricted Funds 17 5,334,074 4,227,634
TOTAL FUNDS 5,400,910 4,371,200

The entity was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the entity to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

However, an audit is required in accordance with section 144 of the Charities Act 2011.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

The financial statements were approved and authorised for issue by the Trustees on 16/12/25 and signed on their behalf, by:

Gwynyth Wilson, Trustee

The notes on pages 25 to 44 form part of these financial statements.

Page | 15

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025		 STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
Note
Cash flows from operating activities
Net cash (used in)/provided by operating activities
19
Cash flows from investing activities:
Purchase of tangible fixed assets
Net cash used in investing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents brought forward
Cash and cash equivalents carried forward
20
Net Debt Statement
As at 1 April
2024
£
Cash at bank and in Hand
681,257		 2025
£
1,463,178
(1,260,170)

(1,260,170)

203,008
681,257

884,265

The notes on pages 25 to 44 form part of these financial statements.

Page | 16

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. GENERAL INFORMATION

Manchester Youth Zone is a private charitable company limited by guarantee (Company Number 07025561, Charity Number 1134580). Its registered office is 931 Rochdale Road, Harpurhey, Manchester M9 8AE.

2. ACCOUNTING POLICIES

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with 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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The Manchester Youth Zone Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Company status

The charity is a company limited by guarantee. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member. This applies to members of the charity at the date of dissolution or those who were members within twelve months of the dissolution.

2.3 Going concern

The charity's activities, together with the factors likely to affect its future development, performance and position are set out in the Trustees' Report which also describes the financial position of the charity including its cash, investment and reserves policy.

Manchester Youth Zone has been successful in securing significant restricted funding in the year to March 2025, and have closed with £5,334,074 in unrestricted funds. This takes the reserve position to outside 3-6 months of running costs. After making enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future, being no less than 12 months from the approval of the financial statements. Thus, they continue to adopt the going concern basis of accounting in preparing the annual report and financial statements and there is no material uncertainty in relation to this.

Cash flow and budget forecasts, based on expected funding and revisions to the charity’s operating model, mean it is anticipated that the charity has sufficient headroom to meet its liabilities for the foreseeable future, being at least 12 months from the date of the approval of the financial statements.

Page | 17

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES (continued)

2.4 Income

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor's intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.

Donated services or facilities are recognised when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time of the Friends is not recognised and refer to the Trustees' report for more information about their contribution.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

2.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.

Termination payments are recognised when staff have been notified and amounts can be reliably estimated for the individuals affected.

Page | 18

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES (continued)

2.6 Tangible fixed assets and depreciation

All assets costing more than £500 are capitalised.

A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recognised as impairments. Impairment losses are recognised in the Statement of financial activities incorporating income and expenditure account.

Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & fittings - 3-10 years straight line Land & Buildings - 40 years straight line

2.7 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

2.8 Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.9 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.10 Cash at Bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.11 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges.

Page | 19

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES (continued)

2.12 Financial instruments

The charity 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 with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.13 Pensions

The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the year.

2.14 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

2.15 Critical accounting estimates and areas of judgment

Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Critical accounting estimates and assumptions:

The charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below.

(i) Useful economic lives of tangible assets

The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets.

(ii) Impairment of debtors

The company makes an estimate of the recoverable value of trade and other debtors.

When assessing impairment of trade and other debtors, management considers factors including the current credit rating of the debtor, the ageing profile of debtors and historical experience.

There are no critical areas of judgement.

Page | 20

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

3. DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
Donations
Grants
Total donations and legacies
Donations
Grants
Total donations and legacies
INCOME FROM CHARITABLE ACTIVITIES
Membership Fees
Contract Income
Session Fees
Grants
Catering Income
Membership Fees
Contract Income
Session Fees
Grants
Catering Income		 Unrestricted
funds
2025
£
374,610
200,000

574,610
Unrestricted
funds
2024
£
725,092
200,000

925,092
Unrestricted
funds
2025
£
-
-
8,816
209,454
21,728
239,998		 Unrestricted
funds
2025
£
374,610
200,000
 Restricted
funds
2025
£

-

-		 Total
funds
2025
£

374,610

200,000
574,610
Total
funds
2024
£
4,174,055
200,000

4,374,055
Total
funds
2025
£
-
-
8,816
2,370,298
21,728
2,400,842
Total
funds
2024
£
15
-
12,203
1,248,361
21,162
1,281,741
574,610
Unrestricted
funds
2024
£
725,092
200,000
 574,610 -
Restricted
funds
2024
£
3,448,963
-
925,092
3,448,963







Restricted
funds
2025
£
-
-
-
2,160,844
-




239,998 2,160,844
Restricted
funds
2024
£
-
-
-
1,248,361
-

Unrestricted
funds
2024
£
15
-
12,203
-
21,162










33,380 1,248,361

4. INCOME FROM CHARITABLE ACTIVITIES

Page | 21

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

5. ACTIVITIES FOR GENERATING FUNDS

Fundraising Events
Room Hire
Other
Fundraising Events
Room Hire
Other		 Unrestricted
funds
2025
£
132,611
77,875
3,398		 Restricted
funds
2025
£
-
-
-

-
Restricted
funds
2024
£
-
-

-

-		 Total
funds
2025
£
132,611
77,875
3,398
213,884
Total
funds
2024
£
152,304
107,035
5,340
264,679
213,884
Unrestricted
funds
2024
£
152,304
107,035
5,340
264,679

6. DIRECT COSTS

Advertising
Recruitment
Sundries
Catering
Youth Provision
Wages and salaries		 Operation
of Youth
Zone
£
34,284
-
15,288
39,053
224,651
1,403,254
1,716,530		 Total
2025
£
34,284
-
15,288
39,053
224,651
1,403,254		 Total
2024
£
16,198
1,500
14,262
47,889
395,596
1,210,033
1,716,530 1,685,478

2025 totals all arise from the activity - Operation of Youth Zone.

Page | 22

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

7. SUPPORT COSTS

SUPPORT COSTS
Postage, Printing and Stationery
Insurance
Training, Travel & Subsistence
IT, Website, Software & Phones
Licenses
Consultancy
Premises Costs
Governance
Bad Debt
Depreciation		 Operation
of Youth
Zone
Total
2025
Total
2024
£
£
£
1,257
1,257
1,239
18,142
18,142
10,790
28,597
28,597
38,531
40,978
40,978
45,511
45,037
45,037
36,657
18,836
18,836
31,982
153,990
153,990
184,819
12,480
12,480
14,160
-
-
(6,573)
123,779
123,779
54,751

443,096
443,096
411,867
443,096 443,096 411,867

2025 totals all arise from the activity - Operation of Youth Zone.

During the year ended 31 March 2025, the charity incurred the following Governance costs:



Auditor Remuneration

Auditor's non audit costs

 2025 2024
£
£
10,800 11,760
1,680 2,400
12,480
14,160

Page | 23

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

8. ANALYSIS OF EXPENDITURE BY EXPENDITURE TYPE

Expenditure on raising
voluntary income
Costs of raising funds
Operation of Youth Zone
Expenditure on raising
voluntary income
Costs of raising funds
Operation of Youth Zone		 Staff costs
2025
£
54,833
 Depreciation
2025
£

-		 Other costs
2025
£

-
 Total
2025
£

54,833

54,833

2,104,793
2,159,626
Total
2024
£

111,026

111,026

1,986,319
2,097,345
54,833
1,348,421
-

123,779
-

632,593
1,403,254
123,779
632,593
Other costs
2024
£

-

Staff costs
2024
£
111,026

Depreciation
2024
£

-
111,026
1,099,007
-

54,751
-

832,561
1,210,033
54,751
832,561

9. ANALYSIS OF EXPENDITURE BY ACTIVITIES

Activities
undertaken
directly
2025
£
Operation of Youth Zone
1,716,530
Total 2024
1,685,478		 Support
costs
2025
£
443,096
411,867		 Total
2025
£
2,159,626
2,097,345

Page | 24

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

10. NET INCOME/(EXPENDITURE)

This is stated after charging:

2025
£
Depreciation of tangible fixed assets:
- owned by the charity
123,779
Auditor's remuneration – audit
10,800
Auditor's remuneration - other services
1,680
During the year, no Trustee received remuneration (2024 - £NIL).
During the year, no Trustees received any benefits in kind (2024 - £NIL).
During the year, no Trustees received any reimbursement of expenses (2024 - £NIL).
STAFF COSTS
Staff costs were as follows:
2025
£
Wages and salaries
1,255,068
Social security costs
98,304
Other pension costs
49,882
1,403,254
The average number of persons employed by the charity during the year was as follows:
2025

No.

Fundraising
5
Charitable Services
57

62
Average headcount expressed as a full time equivalent:
2025

No.

Charitable services
40		 2024
£
54,751
11,760
2,400
2024
£
1,085,804
77,878
46,351
1,210,033
2024
No.
4
55
59
2024
No.
35		 2024
£
54,751
11,760
2,400

11. STAFF COSTS

During the year 1 staff (2024: 0) were made redundant, redundancy payments totalled £3,222 (2024: £nil). One employee, the Chief Executive Officer, received remuneration amounting to between £70,000 and £75,000 (2024: One between £55,000 and £60,000).

The CEO is supported by four members of the Senior Leadership Team.

Page | 25

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

During the year, key management personnel received remuneration of £262,627 (2024: £180,966). Key management personnel as at the year-end are the Chief Executive Officer, Head of People & Shared Services, Head of Fundraising, and Head of Youth Services & Impact. Senior Staff pay is set by the Trustees by reference to a benchmark of similar organisations and is well within market rates.

12. TAXATION

Factors affecting tax charge for the year

The charity's activities are potentially exempt from taxation under part 11 of the Corporation Tax Act 2010. No tax charge has arisen in the year.

There were no factors that may affect future tax charges.

13. TANGIBLE FIXED ASSETS

Cost
At 1st April 2024
Additions
Disposals
At 31st March 2025
Depreciation
At 1st April 2024
Charge for this year
Disposals
At 31st March 2025
Net Book Value
At 31st March 2025
At 31st March 2024		 Fixtures,
fittings &
equipment
£
281,426
22,181
(85,118)		 Land
&
Buildings
£
3,629,608
1,237,989		 Total
£
3,911,034
1,260,170
(85,118)
218,489 4,867,597 5,086,086
(201,376)
(33,603)
85,117		 (30,058)
(90,176)		 (231,434)
(123,779)
85,117
(149,862) (120,234) (270,096)
68,627
80,050		 4,747,363
3,599,550		 4,815,990
3,679,600

14. STOCKS

Finished goods and goods for resale 2025
£
1,266		 2024
£
1,928

Page | 26

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

15. DEBTORS

Trade debtors
Prepayments and accrued income
Other Debtors
16.
CREDITORS: Amounts falling due within one year
Trade creditors
Other taxation and social security
Other Creditors
Accruals and deferred income
Deferred income
Deferred income at 1st April 2024
Resources deferred in year
Amounts released from previous years
Deferred income at 31st March 2025
2025
£
101,823
17,712
17,236
 2024
£

131,128

-

2,345
136,771
2025
£
274,489
22,447
28,875
111,571
 133,473
2024
£

22,297

17,435

7,033

78,293
437,382
2025
£
28,112
82,950
(28,112)

82,950
 125,058
2024
£
-
28,112
-

2025
£
28,112
82,950
(28,112)
82,950 28,112

16. CREDITORS: Amounts falling due within one year

As at 31st March 2025 the charity was in receipt of grant income received in advance of entitlement. This is included within accruals and deferred income.

Page | 27

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

17. STATEMENT OF FUNDS

STATEMENT OF FUNDS - CURRENT YEAR

Project Balance 1April 2024 Inc. Exp. Transfer Balance 31March 2025
£ £ £ £ £
UK Plan International 800 15,000 15,800 - -
Regen Me - Jubilee Young Champions 0 - - - -
Oglesby Charitable Trust - Project Management 30,004 - 30,004 - -
ONSIDE - Health Impact 6,000 189,234 173,138 - 22,096
ONSIDE - Maker Zone - 47,362 47,316 - 46
KCYPS - unsecured - 41,070 41,070 - -
Savoy Educational Trust 9,398 - 5 ,039 (4,360) -
Community Safety - Girls and Young women - 20,000 20,000 - -
Rothschlid - King Baudouin Foundation 20,798 41,031 29,980 (1,199) 30,650
We Love Manchester Nebula Project 5,880 - 5 ,880 - -
NCS OnSide - Passport - 21,650 21,650 - -
Hiscox Girls & Young Women Work 20,835 - 20,835 - -
Burberry Arts 2 - Music / Fashion Podcasting 7,066 15,000 21,548 (518) -
Children In Need SYV - Child Exploitation Residentials 7,584 25,828 33,412 - -
Young Manchester - Detached Harpurhey - Girls 7,413 - - (7,413) -
Youth & Play 24-25 (NMN) 2 ,889 112,670 115,559 - -
Meals & More 24-25 - 9,422 7,566 - 1,856
Cadent - Environment - 58,500 58,500 - -
NIF / Parklife - Higher Blackley 24-25 - 10,000 10,000 - -
OnSide - Impact Fund Fundraising 15,489 36,169 51,658 - -
MCRactive - HAF Easter, Summer & Christmas - 25,752 25,752 - -
NIF - Crumpsall Detached 24-25 - 10,000 10,000 - -
North Manchester Development Work 3,490 - 3,490 - -
Calisen - Employability - 26,000 26,000 - -
OnSide Islamic Foundation - Stronger Sisters - 9,000 9,000 - -
Young Manchester - Cheetham Detached - 41,840 41,840 - -
WEA - Employability - 25,540 25,540 - -
Barclays Football - 1,000 1,000 - -
TFGM - Cycle Park - 6,158 - (6,158) -
Young Manchester SEND - 1,400 1,400 - -
MoneyPlus - Financial Literacy Project 50,000 50,000 - -
Henry Smith - Chester Zoo Trip - 2,500 2,500 - -

Page | 28

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

17. STATEMENT OF FUNDS (CONTINUED)

UKFPF MCC Employability
OnSide Barratts Foundation
Hate Crime Awareness
MCRactive October Half term
Our Manchester Cost of Living Grant
John Lewis - Care Experienced
High Sheriff's Police Trust
Crumpsall Detached NIF 25/26
MCC International Womens day
OnSide Holiday Hunger Fund
MCC February Half Term
Our Manchester - Community Grants - Partnership
YIF related costs
Building Costs
YIF - CapEx
YIF - Revenue (unrestricted)
Unrestricted funds
General Funds
Total of funds		 -
-
-
-
-
-
-
-
-
-
-
-
-
5,920
-
-
143,566
4,227,634
4,371,200		 23,040
17,250
500
6,120
15,000
-
2,500
-
500
4,084
6,720
-
-
-
1,243,005
-
2,160,844
1,028,492
3,189,336		 23,040
1 7,250
500
6,120
15,000
-
2,500
-
5 00
4,084
6,720
-
12,912
-
-
-
994,101
1,165,525
2,159,626		 -
-
-
-
-
-
-
-
-
-
-
-
12,912
(5,006)
(1,231,732)
-
(1,243,473)
1,243,473
-		 -
-
-
-
-
-
-
-
-
-
-
-
12,912
(5,006)
(1,231,732)
-
(1,243,473)
1,243,473
-		 -
-
-
-
-
-
-
-
-
-
-
-
-
914
11,273
66,836
5,334,074		 -
-
-
-
-
-
-
-
-
-
-
-
-
914
11,273
66,836

5,400,910

Page | 29

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

STATEMENT OF FUNDS - PRIOR YEAR

Project Balance 1April 2023 Inc. Exp. Transfer Balance 31March 2024
£ £ £ £ £
Charles Hayward Foundation Family Key Worker Y2&3 11,013 - 11,013 - -
Duke of Edinburgh 3,495 - 3,495 - -
Metrolink detached work 4 40,000 40,004 - -
UK Plan International (6,579) 15,000 7620 - 800
Regen Me - Jubilee Young Champions - 9,040 9,040 - -
We Love Manchester - LGBTQ+ 2,121 - 2,121 - -
Burberry - Arts Work - Onside 3 5,000 5,003 - -
Sports England - Together Fund (742) 1,100 358 - -
DWF Foundation 2,000 - 1,377 (623) -
MCC - Crumpsall Outreach 10,000 - 10,000 - -
Charity Service Award 1,150 - 210 (940) -
Oglesby Charitable Trust - Project Management 40,000 30,000 39,996 - 30,004
HAF Easter, Summer & Christmas 19,677 106,233 125,910 - -
MCC - Higher Blackley Detached 10,000 - 10,000 - -
OnSide – Health Impact - 185,163 177,867 (1,295) 6,000
OnSide – Maker’s Zone - 52,030 49,631 (2,399) -
Rank Foundation - 11,000 11,000 - -
MCC – Network Youth & Play - 153,750 153,750 - -
KCYPS – Detached Work in Charlestown YPAC / MYL - 51,070 51,070 - -
MCRactive – Spring Half Term - 16,825 16,824 - 1
Meals & More – Food / Big Day Out - 10,360 10,360 - -
Savoy Educational Trust - 19,584 10,186 - 9,398
MCC Community Safety – Girls & Young Women - 15,000 15,000 - -
National Play Day - 500 500 - -
Rothschild – King Baudouin Foundation - 42,750 20,018 (1,933) 20,798
Young Manchester – Summer Trips - 2,200 2,200 - -
Career Connect – JJJ & RW - 2,500 2,500 - -
National Lottery Millionaires - 9,650 9,650 - -
We Love Manchester Nebula Project - 20,000 14,120 - 5,880
Sport England – Trampoline & Sports Equipment - 6,199 3,505 (2,694) -
MCRactive October Half-Term - 24,794 24,794 - -
NCS OnSide - Passport - 20,250 20,250 - -

Page | 30

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

17. STATEMENT OF FUNDS (CONTINUED)
Young Manchester – Hope For Cheetham Detached Work
Hiscox Girls & Young Women Work
Meals & More – Christmas Party / Books
Blueberry Arts 2 – Music / Fashion Podcasting
Children In Need SYV – Child Exploitation Residentials
Young Manchester – Detached Harpurhey - Girls
OnSide – Holiday Hunger Fund
National Lottery – Cost of Living Grant
Youth & Play 24-25 (NMN)
MCRactive – Feb-Half-Term
OnSide – Impact Fund Fundraising
MCRactive – HAF Easter, Summer & Christmas
North Manchester Development Work
Building Costs
YIF - CapEx
Building
Unrestricted funds
General Funds
Total of funds		 -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
92,142
455,928
548,070		 7,032
30,000
350
17,820
16,375
13,860
12,964
56,908
31,779
22,540
18,350
5,808
3,750
5,920
154,909
3,448,963
4,697,324
1,223,151
5,920,475		 7,032
9,165
350
10,755
8,791
6,447
12,964
56,908
28,890
22,540
2,862
5,808
260
-
-
30,058
1,062,203
1,035,143
2,091,112		 -
-
-
-
-
-
-
-
-
-
-
-
-
-
(154,909)
(3,418,905)
(3,583,698)
3,583,698
-		 -
-
-
-
-
-
-
-
-
-
-
-
-
-
(154,909)
(3,418,905)
(3,583,698)
3,583,698
-		 -
20,835
-
7,065
7,584
7,413
-
-
2,889
-
15,488
-
3,490
5,920
-
-
143,566
4,227,634		 -
20,835
-
7,065
7,584
7,413
-
-
2,889
-
15,488
-
3,490
5,920
-
-
143,566

4,371,200

Page | 31

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

17. STATEMENT OF FUNDS (CONTINUED)

UK Plan International

Funding for a health & wellbeing project for young people.

OnSide - HIP

A 3-year grant (with match funding) to develop a social prescribing programme that aims to increase wellbeing of young people.

OnSide - Maker Zone

A 3-year grant to further develop the STEM programme of work and increase its reach.

MCC – KCYPS

A project to help keep children & young people safe.

MCC – KGYWS

A project to help keep girls & young women safe.

Rothschild – King Baudouin Foundation

Development of art based activities and an MYZ Arts Academy.

OnSide - NCS

Skills development for young people.

OnSide - Burberry Arts 2

Arts-based projects - Music & multimedia.

BBC - Children In Need

Residential work for children & young people.

MCC - Youth & Play

Youth & Play provision commissioning partners from the North Manchester Network.

Meals & More

Holiday hunger & social isolation project.

Cadent - Environment

Family & community project.

MCC - Higher Blackley Detached

Detached work in the community.

OnSide - Impact Fund

Grant to fund MYZ Fundraising Manager.

MCRactive – HAF

Holiday activity clubs.

MCC - Crumpsall Detached

Detached work in the community.

Calisen - Employability

Employability project for young people with additional needs.

Page | 32

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

17. STATEMENT OF FUNDS (CONTINUED)

OnSide - Stronger Sisters

Islamic Relief girls' project.

Young Manchester - Cheetham Detached

Detached work in the community.

WEA – Employability

Employability grant.

TFGM - Cycle Park

Grant for cycle shelter.

MoneyPlus

Financial literacy grant.

UKFPF

Employability grant.

OnSide - Barratts

Grant for core YZ running costs.

MCC - Cost of Living

Our Manchester - Cost of living grant.

OnSide - Holiday Hunger Fund

Holiday hunger fund grant.

YIF – Capital

Youth Investment Fund - Building refurbishment grant.

18. ANALYSIS OF NET ASSETS BETWEEN FUNDS

ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR

Unrestricted Restricted Total
funds funds funds
2025 2025 2025
£ £ £
Tangible fixed assets 4,815,990 - 4,815,990
Current assets 868,098 154,204 1,022,302
Creditors due within one year (350,014) (87,368) (437,382)
5,334,074 66,836 5,400,910

Page | 33

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR

Tangible fixed assets
Current assets
Creditors due within one year		 Unrestricted
funds
2024
£
3,679,600
673,092
(125,058)

4,227,634		 Restricted
funds
2024
£
-
143,566
-

143,566		 Total
funds
2024
£
3,679,600
816,658
(125,058)

4,371,200

19. RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net (expenditure)/income for the year (as per Statement of Financial
Activities)
Adjustment for:
Depreciation Charges
(Increase)/Decrease in Stocks
(Increase)/Decrease in Debtors
(Decrease)/Increase in Creditors
Net cash (used) / generated by operating activities
20.
ANALYSIS OF CASH AND CASH EQUIVALENTS
Cash in hand
Total		 2025
£
1,029,710
123,779
662
(3,297)
312,324
1,463,178
2025
£
884,265
884,265		 2024
£
3,823,130
54,751
(572)
1,272
19,745		 2024
£
3,823,130
54,751
(572)
1,272
19,745
3,898,326


2024
£
681,257
681,257

21. PENSION COMMITMENTS

The charity operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fund and amounted to £49,882 (2024: £46,351). As at 31 March 2025, £Nil was outstanding in respect of contributions (2024: £Nil).

Page | 34

THE MANCHESTER YOUTH ZONE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

22. OPERATING LEASE COMMITMENTS

At 31 March 2025 the total of the Charity’s future minimum lease payments under non-cancellable operating leases was:

Amounts payable:
Within 1 year
Between 1 and 2 years
Between 2 and 5 years
Total		 2025
£
-
-
-
-		 2024
£
2,309
-
-
2,309

23. RELATED PARTY TRANSACTIONS

Siobhan Hanley has been a trustee since 4[th] January 2024. Siobhan Hanley Communications Ltd (of which Siobhan Hanley holds a 100% shareholding) received payment to the amount of £14,580 (£13,680).

Bruntwood is a related party of the charity as Andrew Cooke holds a senior position at the organisation and is also a trustee of Manchester Youth Zone. During the year, Bruntwood charity donated £1,000 (2024: £10,000) and paid £18 (2024: £425) towards a sporting event at MYZ.

MoneyPlus Ltd, a company where Chris Davis (Chair until May 2023) is CEO, provided donations amounting to £Nil (a combination of organisational fundraising events and unallocated client funds) (2024: £6,057.30).

We Love MCR is a related party of the charity as Yvonne O’Malley, a trustee of MYZ, strategically manages We Love MCR on behalf of the council and also acts as board advisor. During the year, We Love MCR provided funding of £nil (2024: £20,000). During the year there was also joint fundraising which had an income value of £nil (2024: £6,000), and We Love MCR provided funding to young people, which MYZ supported.

Manchester City Council is a related party as Yvonne O’Malley is the Head of Leisure, Events and Contracts. MCC has provided £460,370 (2024: £481,228.90) in grants and rent of facilities and paid £9,125 (2024: £Nil).

OnSide is a related party of the charity as Deborah Miller (nee Wright), holds a senior position at the charity and is a trustee at Manchester Youth Zone. During the year, Onside Foundation provided funding of £272,132 (2024:£220,060) and Onside provided funding of £ £73,241 (2024: £310,284.37). Manchester Youth Zone paid OnSide £45,206 (2024: £44,534.45) for services provided.

Young Manchester is a related party of the charity as Samuel Remi Akinwale is the Co-CEO and is a trustee of MYZ (since August 2023). During the year, Manchester Youth Zone received £43,240 (2024: £23,092) from Young Manchester.

JMW Solicitors is a related party of the charity as Gwynyth Wilson is the Finance trustee of MYZ (since January 2025). During the year, Manchester Youth Zone received £7,250 (2024: £23,092) from JMW Solicitors.

Page | 35