**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. 

4. 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: 

- Board structure 

- Review of the composition of the Board including the evaluation and balance of skills, knowledge and experience, and diversity and representation of Board members of the communities we serve 

- Consider succession planning for Trustees 

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: 

- Honesty 

- Respect 

- Authentic 

- Proactive 

- Trust 

- Driven 

- Care 

- Understand 

## **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: 

- Recruit and retain 4,000 members annually, ensuring all partners delivering services within the Youth Zone register young people as members, and achieve a 75% membership renewal rate through an automatic renewal process. 

- Ensure all services consistently meet and exceed quality standards, organise 10 large group trips annually across Manchester’s cultural and educational resources, increase the number of qualified youth workers by 50% by 2030, and establish a youth council or advisory board to strengthen youth voice in decision-making. 

- Expand the volunteer programme by 30%, including the development of corporate volunteering partnerships to involve between 4 and 20 corporate volunteers annually. 

- Increase acquisition of unrestricted funds, with 40% allocated to youth programmes, staff development, and facility improvements, while restricted funds will continue to be aligned with projects that have clear and measurable outcomes. 

## **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; 

- Learning disability 15% 

- Physical impairment 11% 

- Visual impairment 3% 

- Medical condition 26% 

- Mental health condition 38% 

- Female 57% 

- Male 43% 

- BAME 23% 

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: 

   - Is an unreasonable intrusion on a person’s privacy 

   - Is unreasonably persistent 

- Places undue pressure on a person to give money or other property 

- The charity does not employ an external fundraiser and monitors the fundraising activities of its staff and thirdparty fundraisers to ensure that standards are met. 

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: 

- Improved achievement and enhanced aspirations amongst young members of the local community 

- Those attending the youth zone will be happier, healthier and make constructive use of their leisure time 

- Greater motivation to succeed, and avoid nuisance or anti-social behaviour 

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: 

- Select suitable accounting policies and then apply them consistently 

- Observe the methods and principles in the charities SORP 

- Make judgements and accounting estimates that are reasonable and prudent 

- Prepare the financial statements on the ongoing concern basis unless it is inappropriate to presume that the charitable company will continue in operation 

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: 

- So far as that trustee is aware, there is no relevant audit information of which the charitable company’s auditor is unaware, and 

8 



## **THE MANCHESTER YOUTH ZONE LIMITED** 

## **(A company limited by guarantee)** 

- That trustee has taken all the steps that ought to have been taken as a trustee in order to be aware of any relevant audit information and to establish that the charitable company’s auditor is aware of that information 

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: 

- give a true and fair view of the state of the charitable company’s affairs as at 31 March 2025 and of its incoming resources and application of resources, including its income and expenditure for the year then ended; 

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and 

- have been prepared in accordance with the requirements of the Charities Act 2011. 

## **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: 

- the information given in the Trustees’ report is inconsistent in any material respect with the financial statements; or 

- sufficient accounting records have not been kept; or 

- the financial statements are not in agreement with the accounting records and returns; or 

- we have not received all the information and explanations we require for our audit. 

## **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**<br>**INCOME FROM:**<br>Donations and legacies<br>3<br>Charitable activities<br>4<br>Other trading activities<br>5<br>**TOTAL INCOME**<br>**EXPENDITURE ON:**<br>Raising funds:<br>Donations and legacies<br>Charitable activities<br>**TOTAL EXPENDITURE**<br>8<br>**NET BEFORE TRANSFERS**<br>Transfers Between Funds<br>17<br>**NET (EXPENDITURE) / INCOME BEFORE**<br>**OTHER RECOGNISED GAINS AND**<br>**LOSSES**<br>**NET MOVEMENT IN FUNDS**<br>**RECONCILIATION OF FUNDS:**<br>Total funds brought forward<br>**TOTAL FUNDS CARRIED FORWARD**|**Unrestricted**<br>**funds**<br>**Restricted**<br>**funds**<br>**Total**<br>**funds**<br>_Total_<br>_funds_<br>**2025**<br>**£**<br>**2025**<br>**£**<br>**2025**<br>**£**<br>_2024_<br>_£_<br>**574,610**<br>**-**<br>574,610<br>4,374,055 <br>**239,998**<br>**2,160,844**<br>2,400,842<br>1,281,741 <br>**213,884**<br>**-**<br>213,884<br>264,679|
|---|---|
||**1,028,492**<br>**2,160,844**<br>3,189,336<br>5,920,475|
||**54,833**<br>**-**<br>54,833<br>_111,026_<br>**1,110,692**<br>**994,101**<br>2,104,793<br>_1,986,319_|
||**1,165,525**<br>**994,101**<br>2,159,626<br>_2,097,345_|
||**(137,033)**<br>**1,166,743**<br>1,029,710<br>3,823,130 <br>**1,243,473**<br>**(1,243,473)**<br>**-**<br>**_-_**<br>**1,106,440**<br>**(76,730)**<br>1,029,710<br>_3,823,130_<br> <br>**1,106,440**<br>**(76,730)**<br>1,029,710<br>_3,823,130_<br> <br>**4,227,634**<br>**143,566**<br>4,371,200<br>_548,070_|
||**5,334,074**<br>**66,836**<br>5,400,910<br>_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**<br>**FOR THE YEAR ENDED 31 MARCH 2025**|**STATEMENT OF CASH FLOWS**<br>**FOR THE YEAR ENDED 31 MARCH 2025**|||
|---|---|---|---|
|**Note**<br>**Cash flows from operating activities**<br>Net cash (used in)/provided by operating activities<br>19<br>**Cash flows from investing activities:**<br>Purchase of tangible fixed assets<br>**Net cash used in investing activities**<br>**Change in cash and cash equivalents in the year**<br>Cash and cash equivalents brought forward<br>**Cash and cash equivalents carried forward**<br>20<br>**Net Debt Statement**<br>**As at 1 April**<br>**2024**<br>**£**<br>Cash at bank and in Hand<br>681,257|**2025**<br>_£_<br>1,463,178|||
||**(1,260,170)**|||
||<br>**(1,260,170)**|<br>||
||<br>203,008<br>681,257|<br>||
||<br>**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<br>Grants<br>Total donations and legacies<br>_Donations_<br>_Grants_<br>_Total donations and legacies_<br>**INCOME FROM CHARITABLE ACTIVITIES**<br>Membership Fees<br>Contract Income<br>Session Fees<br>Grants<br>Catering Income<br>Membership Fees<br>Contract Income<br>Session Fees<br>Grants<br>Catering Income||**Unrestricted**<br>**funds**<br>**2025**<br>**£**<br>374,610<br>200,000<br> <br>**574,610**<br>_Unrestricted_<br>_funds_<br>_2024_<br>_£_<br>725,092<br>200,000<br> <br>925,092<br>**Unrestricted**<br>**funds**<br>**2025**<br>**£**<br>-<br>-<br>8,816<br>209,454<br>21,728<br>**239,998**|**Unrestricted**<br>**funds**<br>**2025**<br>**£**<br>374,610<br>200,000<br>||||**Restricted**<br>**funds**<br>**2025**<br>**£**<br> <br>-<br> <br>-||**Total**<br>**funds**<br>**2025**<br>**£**<br> <br>374,610<br> <br>200,000<br>**574,610**<br>_Total_<br>_funds_<br>_2024_<br>_£_<br>4,174,055<br>200,000<br> <br>4,374,055<br>**Total**<br>**funds**<br>**2025**<br>**£**<br>-<br>-<br>8,816<br>2,370,298<br>21,728<br>**2,400,842**<br>Total<br>funds<br>2024<br>£<br>15<br>-<br>12,203<br>1,248,361<br>21,162<br>1,281,741|
||||**574,610**<br>_Unrestricted_<br>_funds_<br>_2024_<br>_£_<br>725,092<br>200,000<br>|**574,610**|||**-**<br>_Restricted_<br>_funds_<br>_2024_<br>_£_<br>3,448,963<br>-|||
|||||925,092|||<br>3,448,963|||
|||||||<br> <br> <br> <br> <br>|<br> <br>**Restricted**<br>**funds**<br>**2025**<br>**£**<br>-<br>-<br>-<br>2,160,844<br>-<br>|<br> <br> <br> <br> <br>||
|||**239,998**|||||**2,160,844**<br>Restricted<br>funds<br>2024<br>£<br>-<br>-<br>-<br>1,248,361<br>-<br>|||
|||<br>Unrestricted<br>funds<br>2024<br>£<br>15<br>-<br>12,203<br>-<br>21,162|||<br> <br> <br> <br> <br> <br> <br>|||<br> <br> <br> <br>||
|||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_<br>_Room Hire_<br>_Other_<br>Fundraising Events<br>Room Hire<br>Other|**_Unrestricted_**<br>**_funds_**<br>**_2025_**<br>**_£_**<br>132,611<br>77,875<br>3,398|**Restricted**<br>**funds**<br>**2025**<br>**£**<br>-<br>-<br>-<br> <br> -<br>Restricted<br>funds<br>2024<br>£<br>-<br>-<br> <br>-<br> <br> -|**Total**<br>**funds**<br>**2025**<br>**£**<br>132,611<br>77,875<br>3,398<br>213,884<br>Total<br>funds<br>2024<br>£<br>152,304<br>107,035<br>5,340<br>264,679|
|---|---|---|---|
||213,884<br>_Unrestricted_<br>_funds_<br>_2024_<br>_£_<br>152,304 <br>107,035 <br>5,340|||
||264,679|||



## **6. DIRECT COSTS** 

|Advertising<br>Recruitment<br>Sundries<br>Catering<br>Youth Provision<br>Wages and salaries|**Operation**<br>**of Youth**<br>**Zone**<br>**£**<br>**34,284**<br>**-**<br>**15,288**<br>**39,053**<br>**224,651**<br>**1,403,254**<br>**1,716,530**|**Total**<br>**2025**<br>**£**<br>34,284<br>-<br>15,288<br>39,053<br>224,651<br>1,403,254|Total<br>2024<br>£<br>16,198<br>1,500<br>14,262<br>47,889<br>395,596<br>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<br>Insurance<br>Training, Travel & Subsistence<br>IT, Website, Software & Phones<br>Licenses<br>Consultancy<br>Premises Costs<br>Governance<br>Bad Debt<br>Depreciation|**Operation**<br>**of Youth**<br>**Zone**<br>**Total**<br>**2025**<br>Total<br>2024<br>**£**<br>**£**<br>£<br>**1,257**<br>1,257<br>1,239<br>**18,142**<br>18,142<br>10,790<br>**28,597**<br>28,597<br>38,531<br>**40,978**<br>40,978<br>45,511<br>**45,037**<br>45,037<br>36,657<br>**18,836**<br>18,836<br>31,982<br>**153,990**<br>153,990<br>184,819<br>**12,480**<br>12,480<br>14,160<br>**-**<br>-<br>(6,573)<br>**123,779**<br>123,779<br>54,751<br> <br>**443,096**<br>**443,096**<br>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: 

|<br> <br>Auditor Remuneration<br> <br>Auditor's non audit costs<br>  <br>|**2025** _2024_<br> **£**<br> _£_<br>10,800     11,760<br>1,680       2,400<br>12,480<br>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**<br>**voluntary income**<br>**Costs of raising funds**<br>**Operation of Youth Zone**<br>Expenditure on raising<br>voluntary income<br>Costs of raising funds<br>Operation of Youth Zone|**Staff costs**<br>**2025**<br>**£**<br>54,833<br>|**Depreciation**<br>**2025**<br>**£**<br> <br>-|**Other costs**<br>**2025**<br>**£**<br> <br>-<br>|**Total**<br>**2025**<br>**£**<br> <br>54,833<br> <br>54,833<br> <br>2,104,793<br>2,159,626<br>Total<br>2024<br>£<br> <br>111,026<br> <br>111,026<br> <br>1,986,319<br>2,097,345|
|---|---|---|---|---|
||54,833<br>1,348,421<br>|<br>-<br> <br>123,779|<br>-<br> <br>632,593<br>||
||1,403,254|<br>123,779|<br>632,593<br>Other costs<br>2024<br>£<br> <br>-<br>||
||<br>Staff costs<br>2024<br>£<br>111,026<br>|<br> <br>Depreciation<br>2024<br>£<br> <br>-|||
||111,026<br>1,099,007<br>|<br>-<br> <br>54,751|<br>-<br> <br>832,561<br>||
||1,210,033|<br>54,751|<br>832,561||



## **9. ANALYSIS OF EXPENDITURE BY ACTIVITIES** 

|**Activities**<br>**undertaken**<br>**directly**<br>**2025**<br>**£**<br>Operation of Youth Zone<br>1,716,530<br>Total 2024<br>1,685,478|**Support**<br>**costs**<br>**2025**<br>**£**<br>443,096<br>411,867|**Total**<br>**2025**<br>**£**<br>2,159,626<br>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**<br>**_£_**<br>Depreciation of tangible fixed assets:<br>- owned by the charity<br>**123,779**<br>Auditor's remuneration – audit<br>**10,800**<br>Auditor's remuneration - other services<br>**1,680**<br>During the year, no Trustee received remuneration (2024 - £NIL).<br>During the year, no Trustees received any benefits in kind (2024 - £NIL).<br>During the year, no Trustees received any reimbursement of expenses (2024 - £NIL).<br>**STAFF COSTS**<br>Staff costs were as follows:<br>**2025**<br>**£**<br>Wages and salaries<br>**1,255,068**<br>Social security costs<br>**98,304**<br>Other pension costs<br>**49,882**<br>1,403,254<br>The average number of persons employed by the charity during the year was as follows:<br>**2025**<br> <br>**No.**<br> <br>Fundraising<br>5<br>Charitable Services<br>57<br> <br>62<br>Average headcount expressed as a full time equivalent:<br>**2025**<br> <br>**No.**<br> <br>Charitable services<br>40|_2024_<br>_£_<br>54,751<br>11,760<br>2,400<br>2024<br> £<br>1,085,804<br>77,878<br>46,351<br>1,210,033<br> 2024<br>_No._<br>4<br>55<br>59<br> 2024<br>_No._<br>35|_2024_<br>_£_<br>54,751<br>11,760<br>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**<br>At 1st April 2024<br>Additions<br>Disposals<br>At 31st March 2025<br>**Depreciation**<br>At 1st April 2024<br>Charge for this year<br>Disposals<br>At 31st March 2025<br>**Net Book Value**<br>At 31st March 2025<br>At 31st March 2024||**Fixtures,**<br>**fittings &**<br>**equipment**<br>**£**<br>281,426<br>22,181<br>(85,118)|**Land**<br>**&**<br>**Buildings**<br>**£**<br>3,629,608<br>1,237,989|**Total**<br>**£**<br>3,911,034<br>1,260,170<br>(85,118)|
|---|---|---|---|---|
|||218,489|4,867,597|5,086,086|
|||(201,376)<br>(33,603)<br>85,117|(30,058)<br>(90,176)|(231,434)<br>(123,779)<br>85,117|
|||(149,862)|(120,234)|(270,096)|
|||68,627<br>80,050|4,747,363<br>3,599,550|4,815,990<br>3,679,600|



## **14. STOCKS** 

|Finished goods and goods for resale|**2025**<br>_£_<br>**1,266**|2024<br>£<br>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<br>Prepayments and accrued income<br>Other Debtors<br>**16.**<br>**CREDITORS: Amounts falling due within one year**<br>Trade creditors<br>Other taxation and social security<br>Other Creditors<br>Accruals and deferred income<br>**Deferred income**<br>Deferred income at 1st April 2024<br>Resources deferred in year<br>Amounts released from previous years<br>Deferred income at 31st March 2025|<br>||**2025**<br>**£**<br>101,823<br>17,712<br>17,236<br>|2024<br>£<br> <br>131,128<br> <br>-<br> <br>2,345|
|---|---|---|---|---|
||||136,771<br>**2025**<br>**£**<br>274,489<br>22,447<br>28,875<br>111,571<br>|133,473<br>2024<br>£<br> <br>22,297<br> <br>17,435<br> <br>7,033<br> <br>78,293|
||||**437,382**<br>**2025**<br>**£**<br>28,112<br>82,950<br>(28,112)<br> <br>**82,950**<br>|125,058<br>2024<br>£<br>-<br>28,112<br>-<br>|
||||<br>**2025**<br>**£**<br>28,112<br>82,950<br>(28,112)<br>||
||||**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<br>OnSide Barratts Foundation<br>Hate Crime Awareness<br>MCRactive October Half term<br>Our Manchester Cost of Living Grant<br>John Lewis - Care Experienced<br>High Sheriff's Police Trust<br>Crumpsall Detached NIF 25/26<br>MCC International Womens day<br>OnSide Holiday Hunger Fund<br>MCC February Half Term<br>Our Manchester - Community Grants - Partnership<br>YIF related costs<br>Building Costs<br>YIF - CapEx<br>YIF - Revenue (unrestricted)<br>**Unrestricted funds**<br>General Funds<br>Total of funds|-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>5,920<br>-<br>-<br>**143,566**<br>**4,227,634**<br>**4,371,200**|23,040<br>17,250<br>500<br>6,120<br>15,000<br>-<br>2,500<br>-<br>500<br>4,084<br>6,720<br>-<br>-<br>-<br>1,243,005<br>-<br>**2,160,844**<br>**1,028,492**<br>**3,189,336**|23,040<br>1 7,250<br>500<br>6,120<br>15,000<br>-<br>2,500<br>-<br>5 00<br>4,084<br>6,720<br>-<br>12,912<br>-<br>-<br>-<br>**994,101**<br>**1,165,525**<br>**2,159,626**|-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>12,912<br>(5,006)<br>(1,231,732)<br>-<br>**(1,243,473)**<br>**1,243,473**<br> **-**|-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>12,912<br>(5,006)<br>(1,231,732)<br>-<br>**(1,243,473)**<br>**1,243,473**<br> **-**|**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**914**<br>**11,273**<br>**66,836**<br>**5,334,074**|**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**914**<br>**11,273**<br>**66,836**|
|---|---|---|---|---|---|---|---|
|||||||||
|||||||<br>**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)**<br>Young Manchester – Hope For Cheetham Detached Work<br>Hiscox Girls & Young Women Work<br>Meals & More – Christmas Party / Books<br>Blueberry Arts 2 – Music / Fashion Podcasting<br>Children In Need SYV – Child Exploitation Residentials<br>Young Manchester – Detached Harpurhey - Girls<br>OnSide – Holiday Hunger Fund<br>National Lottery – Cost of Living Grant<br>Youth & Play 24-25 (NMN)<br>MCRactive – Feb-Half-Term<br>OnSide – Impact Fund Fundraising<br>MCRactive – HAF Easter, Summer & Christmas<br>North Manchester Development Work<br>Building Costs<br>YIF - CapEx<br>Building<br>**Unrestricted funds**<br>General Funds<br>Total of funds|-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>**92,142**<br>**455,928**<br>**548,070**|7,032<br>30,000<br>350<br>17,820<br>16,375<br>13,860<br>12,964<br>56,908<br>31,779<br>22,540<br>18,350<br>5,808<br>3,750<br>5,920<br>154,909<br>3,448,963<br>**4,697,324**<br>**1,223,151**<br>**5,920,475**|7,032<br>9,165<br>350<br>10,755<br>8,791<br>6,447<br>12,964<br>56,908<br>28,890<br>22,540<br>2,862<br>5,808<br>260<br>-<br>-<br>30,058<br>**1,062,203**<br>**1,035,143**<br>**2,091,112**|-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>(154,909)<br>(3,418,905)<br>**(3,583,698)**<br>**3,583,698**<br> **-**|-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>(154,909)<br>(3,418,905)<br>**(3,583,698)**<br>**3,583,698**<br> **-**|**-**<br>**20,835**<br>**-**<br>**7,065**<br>**7,584**<br>**7,413**<br>**-**<br>**-**<br>**2,889**<br>**-**<br>**15,488**<br>**-**<br>**3,490**<br>**5,920**<br>**-**<br>**-**<br>**143,566**<br>**4,227,634**|**-**<br>**20,835**<br>**-**<br>**7,065**<br>**7,584**<br>**7,413**<br>**-**<br>**-**<br>**2,889**<br>**-**<br>**15,488**<br>**-**<br>**3,490**<br>**5,920**<br>**-**<br>**-**<br>**143,566**|
|---|---|---|---|---|---|---|---|
|||||||||
|||||||<br>**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<br>Current assets<br>Creditors due within one year|Unrestricted<br>funds<br>2024<br>£<br>3,679,600<br>673,092<br>(125,058)<br> <br>4,227,634|Restricted<br>funds<br>2024<br>£<br>-<br>143,566<br>-<br> <br>143,566|Total<br>funds<br>2024<br>£<br>3,679,600<br>816,658<br>(125,058)<br> <br>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<br>Activities)<br>**Adjustment for:**<br>Depreciation Charges<br>(Increase)/Decrease in Stocks<br>(Increase)/Decrease in Debtors<br>(Decrease)/Increase in Creditors<br>**Net cash (used) / generated by operating activities**<br>**20.**<br>**ANALYSIS OF CASH AND CASH EQUIVALENTS**<br>Cash in hand<br>Total|**2025**<br>**£**<br>1,029,710<br>123,779<br>662<br>(3,297)<br>312,324<br>1,463,178<br>**2025**<br>**£**<br>884,265<br>884,265||2024<br>£<br>3,823,130<br>54,751<br>(572)<br>1,272<br>19,745|2024<br>£<br>3,823,130<br>54,751<br>(572)<br>1,272<br>19,745|
|---|---|---|---|---|
||||3,898,326||
||||<br>|<br>_2024_<br>_£_<br>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:**<br>Within 1 year<br>Between 1 and 2 years<br>Between 2 and 5 years<br>Total|**2025**<br>**£**<br>-<br>-<br> -<br> -|2024<br>£<br>2,309<br>-<br> -|
|---|---|---|
|||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