COMPANY REGISTRATION NUMBER: 07113460 CHARrrY REGISTRATION NUMBER: 1134974 CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 cyz An Onsideyouth Zone David Allen Chartered Accountants & Statutory Auditor Dalmar House Barras Lane Estate Dalston Carlisle CA5 7NY CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE CONTENTS Reference and admlnlstratlve detalls Trustees, report Incorporatlng dlrettors, report 2to16 Independent auditor's report 17to20 Statement of financial activities 21to22 Balance sheet 23 Statement of cash flows 24 Notes to the flnanclal statements 25to49 CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE REFERENCE AND ADMINISTRATIVE DETAILS Trustees Professor J Mennell, DL, Chair Mr B K Scowcroft Mr N S Marshall Mlss L V Graham Mrs D L Miller (reslgned 20 October 2025) Ms M E Reld Fotheringham DL Mr N S McIntyre Mr D J Walker (appolnted 17 June 2024) Mr D Hall (appolnted 20 October 2025) Charlty Reglstratlon Number 1134974 Company Reglstratlon Number 07113460 The charity Is incorporated In England and Wales. Reglstered Offlce Vlctorla Place Carlisle CAI ILR Audltor Davld Allen Chartered Accountants & Statutory Audltor Dalmar House Barras Lane Estate Dalston Carllsle CA5 7NY Investment Advlsors Evelyn Partners 177 Bothwell Street Glasgow G2 7ER Bankers Cumberland Bulldlng Soclety Cumberland House Castle Street Carlisle CA3 8RX CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE TRusfEES' REPORT INCORPORATING DIRECTORS, REPORT The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditor's report of the charltable company for the year ended 31 March 2025. TRUSTEES Professor J Mennell, DL, Chalr Mr B K Scowcroft Mr N S Marshall Miss L V Graham Mrs D L Mlller (reslgned 20 October 2025) Ms M E Reld Fotheringham DL Mr N S McIntyre Mr D J Walker (appolnted 17 June 2024) Mr D Hall (appolnted 20 October 2025) STRUCTURE, GOVERNANCE AND MANAGEMENT Nature ofgovernlng document Carllsle Youth Zone Is a company Ilmlted by guarantee wlth no share capltal. It was IncorForated on 29 December 2009 and the company number Is 07113460. On 16 March 2010 It obtalned charltable status and the registered charlty number is 1134974. The Memorandum and Artlcles of Assoclation are the prlmary governlng documents of the Charitable Company. Membershlp Is open to other Individuals or organisations who apply to the charity In the form required by the dlrectors and are approved by the direttors. The names of the trustees who are the dlrectors of the Charltable Company are glven on page l. CYZ Is part of the Onslde Network of Youth Zones. all Independent organlsation5 who share a set of working prlnclples captured wlthln a shared "DNA" CYZ was the flrst new Youth Zone to open amongst what Is now a growlng network of 22 who are elther open or In development. Recrultment andappointment of trustees When appolnted, trustees are Involved in an inductlon process and have the opportunlty to attend training and information courses as ne￿Ssary, both with CYZ and Onside. Following a Board revlew, Includlng Trustee roles and portfollo asslgnment and a trustee competency assessment (the skllls, experiences and behaviours available to effectively lead and govern the charity) a new trustee was appointed during thls period, with further recruitment ongoing in response to the reviews findings. CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE TRusfEES' REPORT INCORPORATING DIRECTORS, REPORT (CONTINUED) Members, (Trustees/D/rertors) Ilablllty The Ilability of the members is limited. Every member of the charity undertakes to contribute to the assets of the charity, In the event of the same belng wound up while he or she is a member, or withln one year after he or she ceases to be a member, for payment of the debtors and liabilltles of the charity contracted before he or She ceases to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contribution5 among themselves, such amount as may be required not ex￿edIng ten pounds. Rlsk management Risk management 15 led at strateglc level from the Board of Trustees and carried out by the Senlor Leadershlp Team (SLT). A comprehenslve Strateglc Rlsk Register is In place wlth relevant review and reportlng mechanlsms. The reglster records key rlsks and mltlgatlon measures across a number of sector relevant rlsk categorles Includlng Operational Management and Dellveryi Governance, Flnance, Safeguardingi Reputatlon and Relationships, and Legal and Compliance. During this financial period, prlnclpal risks and mltigatlons have Included: the ability to mobilise and deliver existing funded programmes whllst also respondlng to internal and external strateglc developments, mltigated by a clear roles and responsibilities structure, robust plannlng and review cycle, regular monitoring and data review and use of new digital tools such to enhance Informatlon flow and oversight (Operatlonal Management and Dellvery). a deterloratlon of future Income generatlon and Inablllty to fundralse to the requlred levels, mltlgated by the development of a new Income generation strategy that includes dlversificatlon of revenue streams and a r￿launCh of the corporate partnershlp programme alongslde the addltlon of new funded roles to enhance Income generatlon capablllty {Flnance),' and serlous safeguardlng Incidents as a result of ineffective safeguarding measures, procedures and processes, mitigated by a named Deslgnated Safeguardlng Lead of suitable experience and qualification, robust policles and protocols establlshed and embedded ncluding an informatlon management and reportlng system, foundatlonal safeguardlng tralnlng requlrement across all roles, safeguardlng as a standlng agenda Item at Board meetlngs Includlng overslght and revlew, and strong worklng relatlonshlps wlth statutory safeguardlng partners. The charity's activltles expose It to a number of flnanclal rlsks Including cash flow risk, credit rlsk and Ilquidity risk. Rlsks are mitigated through SLT monthly reporting and monitoring* including of future cashflows, revlew of Income generation forecast against actual monies achieved, and review of the Ilquldity of our investments to ensure that we have sufficient cash to meet current Ilabllitles a5 they fall due. Financial reporting Include varlance and reserves posltlon are a standlng Item at each Board meeting and cbsely monltored. Trustees have taken out approprlate Indemnlty Insurance. CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE TRusfEES' REPORT INCORPORATING DIRECTORS, REPORT (CONTINUED) Organlsatlonal strurture Trustees delegate strateglc and operatlonal leadershlp to a Senlor Leadershlp Team (SLT), currently comprising the roles of CEO (Carollne Taylor-Beswick), Head of Business Support (Flona Fergus) and Operations, and Head of Fundralsing and Development (vacant). This continues to be a focused SLT structure shaped by organisational resource and the deci51on to protect / prioritise direct delivery. Together, they lead, manage and oversee the Implementatlon and review of organisational strategy whlch Is currently organlsed across two focused departments.. Buslness Operatlons and Dellveryi Includlng HR and People, Pollcles and Procedures, Health and Safety, Facllltles Management, Flnanclal Pr0￿dUreS, Youth Offer, and Safeguardlng Development; Includlng Income Generatlon, Partnershlps, Communlcations, Impact Reportlngi Inslght and Influence, and Stskeholder Engagement As the refreshed 2025 2027 strategy is operationalised in the comSng year, the Intentlon Is to reestablish three operatlonal departments overseeing business operatlons, dellvery, and development. Day-to-day leadership and management Is fulfilled by an Operatlonal Leadership Team (OLT) who ensure effectlve dellvery of CYZ Youth SeNlces and the Infrastructure and support systems requlred to do so at a hlgh standard. During thls financlal perlod, new roles focused on Communlcations and Impact and Inslghts were Implemented, enhanclng the organisatlons capabilities to capture and communlcate the Impact of our servlces, as well as progress more comprehenslvelyi data Informed decision maklng. Fundlng from the Onslde Foundatlon continues to support and strengthen the capaclty of roles wlthln these leadershlp teams. Our dlrect dellvery wlth young people contlnues to be fulfllled through a range of pald and volunteer roles, as well as through an Increaslng range of partnershlps. Roles Include Senlor Youth Worker, Youth Worker, Mentor, Actlvlty Worker, Buslness Support, Receptlon, Caterlngi Cleanlng and Maintenance. At the start of 2025, the organlsation launched a refreshed approach to gatherlng Insights from the team regardlng thelr experlences of working at CYZ; known as Pulse Surveys. IOOO/o of team member responses sald they 'enJoy thelr work at CYZ,, 'feel proud to work at CYZ,, and that they find their work 'meaningful'. Having clear management structure5 and opportunitles for learnlng and development are Identified as important to team members. CYZ has also slgnlflcantly progressed our commltment to youth volce and partlclpatlon, establlshlng a dedicated strateglc prlorlty to "be a beacon of rlghts-based Youth Partlclpatory Practlce and Leadershlp within CYZ, and In the networks and platforms we hold space In" Thls Includes drawing on The Lundy Model of chlld partlclpation (Space, Voitr, Audience, Influence) to Inform our approach. Withirs CYZ, we have operationalised thls through a new programme called 'Our Rlght to be Heard Everydayt recognising the many and varled ways in which young people want, deserve and are sharing their views and ensuring we act upon on. In addition to enhancing our own commitment to Ilstenlng to young people, we continue to facilitate opportunlties for young people to be heard in thelr communltles and wider platforms. Significantly, thls has Included the co-creation of a Cumbria Youth Co-research Collectlve whlch Is growlng in momentum, as well as facllltating national opportunltles such as Burberry Inspire. CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE TRusfEES' REPORT INCORPORATING DIRECTORS, REPORT (CONTINUED) CYZ can only succeed on the basls of a "sUPPOrted, skilled and knowledgeable team" as conveyed In one of our organisatlonal plllars. Examples of tralning and development opportunitles delivered andlor facllltated durlng thls flnancial perlod are: Formal quallfications; Level 2 Award In Youth Work Princlples, Level 3 Diploma in Youth Work Practice, Level 5 CIPD Associate Dlploma in People Management. Certlficated courses; Mentsl Health Flrst Ald, Safeguarding Children and Young People (Level l and Level 3), Safeguardlng Adults, Evacuation Chalr, Flrst Ald, Food Hygiene (Level 2 and Level 3). Developmental. Unconscious Bias Tralnlng, Trauma Informed Practlce, Contextual Safeguardlng, Youth Participatlon, Health and Safety Awareness. Robust recrultment, selectlon and retention procedures contlnue to be implemented across all roles (pald or voluntary) Includlng,. clear role profiles allgned to fulfilllng the organlsatlons mission robust safer recruitment practlces and selectlon processes that recognlse a comblnatlon of skS11s, quallficatlons, experlence and professlonal values commitment to regular revlews (team meetings, one to one support, appralsal etc.) opportunltles to Identlfy CPD opportunltles ljoth formal and Informal ensurlng that young people have a say (e.g. InteNlew panels, consultatlon etc.) The Board of Trust￿5 set the pay for the Chlef Executlve, and recelves an annual pay and workplace benefits analysis prepared by SLT. The annual review durlng this financial period saw the Board of Trustees maintain a commitment to CYZ meeting the Real Llvlng Wage threshold as a mlnimum for all paid role5. Trustees have regard to the charity commlsslons guldance on publlc benefit, and to the consideratlons of S17 Companies Act 2006 when promoting the success of the company and the likely long term consequences, effect on employees, suppllers, and the envlronment. Equallty, Dlverslty & Incluslon pollcy CYZ recognise that a commitment to equality, diverslty and incluslon (EDI) Is an integral part of achleving our mission. During this financlal period we have consolidated previous developments whlch have seen us strengthen our strateglc EDI accountability at Trustee and Board level and deepen our understandlng of our membership (young people) and our team (includlng Trustees, pald staff and volunteers). The physical space at CYZ Is equlpped with a lift, ramps and dlsabled toilets, and door wldths are adequate to enable wheelchalr access to all maln areas of the Youth Zone. Pollcles are In place to ensure staff and seNice users with disabilities are supported and protecied from discriminatlon, and we will take steps to improve access where reasonable. Our activities for young people are fully Integrated and open to all, and our Incluslon group provides specific additional support as required for Youth Zone members with dlsabilitles or learning difficulties. CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE TRUSTEES, REPORT INCORPORATING DIRECTORS, REPORT (CONTINUED) OBJECTIVES AND ACTIVITIES Alms and Objertlves The charity's objects are to help educate chlldren and young people reslding In the North West of England through their leisure tlme actlvitles, by promotlng their full physical and spiritual potentlal, In order that they may grow to full maturity as indivlduals and members of soclety and that thelr conditions of life may Improve. Of slgnlflcance durlng thls flnanclal perlod has been the comprehenslve revlew of the vlslon, mlsslon and strateglc prlorltles whlch wlll steer the actlvlty and actlons of the charlty towards a sel of agreed long-term goals over the next 3 years. A range of CYZ stakeholders, Includlng young people, Trustees, staff and volunteers have been engaged In the process, establishlng shared ownershSp and a refreshed positlon from whlch to enter the forthcomlng flnanclal year: Vlslon: for young people to feel seen, valued and heard. Mlsslon.. to be a leading example of the power of youth work $0 young people have space, a volce and tlme to dlscover thelr passlon and thelr purpose. Strateglc prlorltles (2025 2027).. Dellver a dynamlc, fun and contemporary youth work offer whlch, alongslde trusted partners, erbgages a diverse and growlng membershlp of young people. Advance our commltment to Incluslon, proactlvely prlorltlslng opportunltSes and action wlth young people experlenclng the impacts of poverty, dlscrimlnation, marglnallsatlon, andlor Injustlce. • Establlsh CYZ as a safe and welcomlng hub of opportunlty and Support for young people and (as approprlate) thelr parents I care glvers, unlting a community of servlces who share our values and vislon. • To be a beacon of rIght￿baSed Youth Partlclpatory Practlce and Leadershlp wlthln CYZ, and In the ne￿OrkS and platforms we hold Spa￿ In. The focus of our delivery remalns anchored In the prlnclples of youth work practlce, Including a commltment to establlshSng and nurturing long-term, reliable and trusted relationshlps be￿een young people and thelr youth workers. At CYZ, thls Is operatlona115ed through a youth offer whlch Is dependable and conslstent, seelng CYZ open 6 days and nlghts a year, 52 weeks a year. Young people l)ecome members of CYZ for Just £5 per year, and then contribute 50p per vlsit. Whilst thls membership and attendance Is heavily subsldlsed, we recognise that for some it may represent a barrler, and free membershlp andlor entry are glven wherever necessary. Our current membershlp Is organised into Junior (7-12), Senior (12-18), and Incluslon categories (7-25; for those with addltlonal needs), and prioritises the inclusion of young people from diverse backgrounds and clrcumstances. CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE TRusfEES' REPORT INCORPORATING DIRECTORS. REPORT (CONTINUED) Our universal youth offer is delivered through 7 Youth Clubs a week, each offerlng at least 20 activltles per session. These act as the gateway through which young people voluntarlly choose to engage and bulld long term and trusted relationshlps with our team of youth workers. Compllmentsry to thls unlversal youth offer Is our Targeted Youth Engagement support. Identlfled through our Youth Clubs or through referrals and our partnershlps, we are able to reach young people who need us the most,. for example we have hosted Young Carers, Sports for All, Child Bereavement UK, Care Experienced and LG8TQ+ groups. Our Targeted Youth Engagement support includes programmes such as Mentoringi Green Soclal Prescrlbingi Holiday Activity and Food and Resllience building projects. The charity Is commltted to dellvering excellent youth work that embodles youth work prlnciples and values. We pay close attentlon to and allgn with the Youth Work Natlonal Occupatlonal Standards, the Youth Work Curriculum (NYA), and the Onslde Youth Work Outcomes Framework. In addition to the gular revlew mechanlsms to ensure thls Is translated In to practlce as Ilsted below, this year, CYZ completed an assessment of the NYA 'Safeguardlng Standards for the Youth Sector,, mapping strengths and areas for Improvement against 'compllance, culture, and culture plus, standards. One resultlng actlon as a result of the process was to co-produce a child frlendly verslon of the Safeguardlng Pollcy with young people. other mechanlsms for regular revlew of quallty pract1￿ Include; Ilstenlng to young people - Informally and through structured feedback U51ng data available on attendantr, engagement and membershlp demographlcs service and project evaluatlon • self-￿fleCtl0n and peer revlew agalnst Onslde Excellence Framework outcome and Impact measurements reviewlng comments, compliments and complalnts • regular consultatlon wlth stakeholders Measurlng the Impact of our work contlnues to be a focus and Is growlng In strength, wlth hlgh quallty Impact storles and the embedded use of the ME App Impact tool progresslng across both universal and targeted youth engagement provislon. Thls is enabllng LSS to bulld a robust and rellable data set and establish greater understanding of our impaci wlth and for young people across 5 themes: Confidence Social skills Emotlonal skllls Health and wellbelng Asplrations and achlevement The ME App tool Is unique to the Onslde Network, deslgned and validated by Klng's College London. It draws on a range of well-accepted youth assessment scales including WEBWBS (Warwick-Edinburgh Mentsl Wellbeing Scale), CYRM-R (Chlld and Youth Resilience Measure), and WFP (Workforce Preparatlon Scale), and see's young people complete a questionnaire alongside their trusted youth worker at different points throughout the year, so we can monitor changes over tlme. CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE TRusfEES' REPORT INCORPORATING DIRECTORS. REPORT (CONTINUED) Volunteers Volunteers remaln integral to the dellvery model and add to the diversity of knowledge, skllls and experlences that young people have access to. Volunteers fulfil roles primarily through our Mentorlng programme, where they are marched wlth a young person to facllltate I:1 support, and through our Youth Clubs where they contribute to delivering focused actlvities. During this financial period, a total of 1,326 volunteerlng hours have been logged across 49 indlvldual volunteers. ACHIEVEMENTS AND PERFORMANCE Thls year, Carllsle Youth Zone continued to deliver Ilfe.changlng opportunlties for young people, achlevlng Increased levels of engagement and Impact through Innovatlve programmes and unwaverlng communlty support. 'There are loads of thlngs l enjoy at the youth club football, young leadlng, playlng pool, worklng towards my Duke of Edinburgh's Award, and uslng the music room."_ current member Thls year we have once agaln dellvered record levels of youth engagement, wlth 3,665 membershlps recorded during the year, 39,505 attendances facilitated, 921 sesslons dellvered and 2,420 hollday club spaces provided. Crucially, our membershlp Includes young people who are dlsadvantaged due to a range of circumstances and Identitles such as 570 young people who are Ilving In areas of high deprlvatlons (IMD scores in deciles l and 2), 651 young people who are in recelpt of free school meals, 336 young people who are from an ethnlc mlnorlty, 459 young people who have a dlsablllty, 101 young people who are looked after, and 92 young people who Identlfy as being a Young Carer. Belng able to balance engagement at thls scale alongslde seelng, hearlng and respondlng to the needs and interests of Individual and smaller groups of young people has been reallsed through our phllosophy of'no child missed,, where we take a whole team approach to knowing and understandlng all of our members well, "I struggled a lot wlth anxlety when I flrst arrived and felt really neNous not knowlng anyone. The staff supported me by taklng tlme to get to know me, chattlng wlth me, and helplng when I needed It. Belng able to talk to staff has really helped me cope wlth thlngs. I love belng at the youth club." current member Allgned w5th our refreshed vlslon, we prlncipally acknowledge and spotlight some of the many contributlons and achievements young people have made durlng thls flnancial perlod,. for themselves, for CYZ, and for our clty and wider communitles, includlng through leadershlpi performance, representation, entrepreneurship and as co-researchers. With support and encouragement, a growlng number of Carllsle's young people are maklng thelr mark, showcaslng the rlch and varled talents that are here, and that wlth bellef, backlng and opportunltles, are ever Increaslng. These Include: A new Youth Co-research Collectlve fomilng with young people (12-17yrs) and Peer Youth Co-researchers (18 - 24yrs) joining with Community and Academic co-researchers to launch a unique research capacity bulldlng programme titled "Get Research Ready With Me" Havlng embarked on their co-research journey, the Collectlve have been commissioned to undertake their flrst research project exploring "How the Petteril community area can be more youth friendly" CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE TRusfEES' REPORT INCORPORATING DIRECTORS, REPORT (CONTINUED) 17 Young Leaders (14-17yrs) who have participated In training, includlng a residential week awayi to become young leaders and ready to volunteer in CYZ Junior Youth Club sessions. Together, thls community of Young Leaders have completed a total of 223 volunteer 'shifts' across 107 sesslons • Young creatives contrlbuting to the cultural capital of our clty, through producing their own theatre performances, formlng bands and puttlng on gigs, and deslgnlng and creatlng public art Installations such as the creative safety bollards outslde the Old Fire Station venue the LGBTQ+ Youth Commlttee have continued to convene a safe and Incluslve space at cyz every month, alongside organlsing a Pride After-Party at CYZ, ensurlng thelr peers and allies had the option of a safe space to contlnue the cltles Prlde celebrations followlng the main communlty event where they had also hosted a stall. The commlttee also completed a 'take over, of the Queer Cumbrla magazine, publishlng a youth focused Issue Young entrepreneurs and performers contrlbutlng to the buzz and success of Carlisle's Teenage Narkets through hostlng trader stalls and showcaslng talents Glvlng presentatlons and speaklng up at events, such as local Community Panels, Cumberland Youth Strategy plannlngi and at an Snternational Burberry Insplrlng Leaders forum These achlevements slt alongslde a breadth of wlder progress and development whlch the charlty has dellvered thls year, all underpinned by the rellable an conslstent youth work whlch is our foundatlon. Some standout examples Include: Recelvlng a Hlgh Sherlff Award In recognitlon of the work CYZ contrlbutes to our communlty. The Award also Included some funding whlch was put towards dellverlng Hollday Clubs at cyz qual Chance Project advanclng from the successful pllot phase In year I, upskllllng young people wlth addltlonal needs wlth employment skllls In preparatlon for them flnlshlng formal educatlon and progresslng Into work and volunteerlng. Thls year the connectlon between our dedicated Incluslon Club and Senlor Club has been strengthened, creatlng a stronger sense of unlty and belonglng New Parent Zone Inltiative launched as part of the Strengthenlng Famllles project, providing parents and carers being supported with space to connect, share experlences and learn from each other. To dates the sessions have covered toplcs such as online safetyi parenting neurodlverse young people and challenges In schools Internatlonal Women's Day celebrated with a Perlod Party, hosted and facllitated in partnership wlth Woman Up and health colleagues. The party provided a fun and engaglng way to challenge stigma and educate young people about female health CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE TRusfEES' REPORT INCORPORATING DIRECTORS, REPORT (CONTXNUED) A Festlval of Belonglng brought new cultural opportunities right into CYZ from partner organisations includlng Tullie, Theatre By The Lake and Blue Jam Arts as well as some amazlng local Independent artists and muslclans. The project gave young people a true sense of pride and showed them what's posslble as well as helplng partnerlng organlsatlons better understand young people's Interests and perspectives too Our annual Communlty Open Day welcomed over 450 young people, famlly members and supporters who joined us in celebratlon of our 13th blrthday and to enjoy a taster of some of the activities and opportunitles whlch are available to Youth Zone members such as sports, art, cllmbing, craft, baking, gym, conservatlon, wellness, performance and muslc "Youth Zone Is Ilke my second home." current member Outcomes Measuring the Impact of our work contlnues to be a focus and Is growlng In strength, partlcularly around embedded use of the ME App Impact tool across all our provislon. After creatlng a ME Zone to complete these personalised surveys last year, we saw a 122 % Sncrease In the number of complete sets (basellne and end polnt) collected. Thls Is enabllng us to bulld a more robust and reliable data set and establlsh greater understanding of our Impact wlth and for young people across 5 themes: Confldence (self-confldence and self-esteem Indlcators) have Improved or malntslned thelr scores where 760/0 of young people surveyed Soclal skllls (soclal skllls and coheslon Indlcators) improved or maintaSned thelr scores where 800/0 of young people surveyed have Emotional skllls (reslllence Indlcator) malntalned thelr scores where 71% of young people surveyed have lrnproved or Health and wellbelng (physlcal health and mental health IndScators) where 76% of young people surveyed have Improved or malntalned thelr scores Asplratlons and achlevement (determlnatlon Indlcator) where 780h of young people surveyed have Improved or maintained their scores io- CARUSLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE TRusfEES' REPORT INCORPORATING DIRECTORS, REPORT (CONTINUED) CYZ were also of externally validated analysis explorlng the Social Return on Investment of Yovth Zones. The research has strengthened our understanding of the Impact generated by unlversal youth work, and demonstrates slgnlflcant improvements to wellbelng for the chlldren and young people who access Youth Zones. In partlculari young people told us the thlngs they value most about their Youth Zone are,,. feellng free to have fun having somewhere safe to go In their spare time and feeling more self-confldent The research also calculated that for every £1 Invested In Carllsle Youth Zone, there Is a Social Return on Investment of over £17 In terms of young people's wellbelng. "The Youth Zone has been a vital part of my Ilfe and growing up it has always been a safe space where I've been able to flnd myself. Without Youth Zone I would not be doing half of what l am doing right now. I have been able to speak at youth conferences and board meetings, havlng a hand In creating actual change for young people through the world of youth work. Youth Zone Is an Incredible place full of amazlng people whlch I thlnk Is needed everywhere posslble" . former member Worklng In partnershlp We continue to conseNe, strengthen and pursue Impactful partnershlps wlth purpose,. where we unlte wlth others who share In our mlsslon and values. We recognlse that worklng together can brlng conslderable benefits to the opportunlties and support made avallable to young people, and ultlmately to the outcomes that are possible to achleve, Includlng wlth: Beaumont College. with CYZ acting as the 'student campus, from Monday to Frlday for young dlsabled adults accesslng thelr speclallst Post-16 Designated College, offering pathways for speclal school leavers and other students as they prepare for adulthood Chlld Bereavement UK who are hosted at CYZ and facllltate a range of youth and famlly centred therapeutlc sesslons for those who are Impatted by loss and grlef Cumbrla Famlly Support (CFS) wlth whom we dellver a project tltled 'Strengthenlng Famllies,. The employed Empowerlng Families Officer is located wlthln the CYZ team, and is provldlng hollstlc support that centres posltlve relatlonshlps within and around the famlly unlt to improve mental health and wellbeing. This role is prioritising support where teenagers are included, and to date has engaged wlth 24 families Cumbrla Wlldllfe Trust wlth whom our green soclal prescrlblng projeci titled 'Nurture Through Nature, continues Carer Support Carllsle and Eden with whom we co-deliver a Young Carers group at cyz, providlng a weekly Spa￿ for young people wlth carlng responslbilities to come together and have fun li- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE TRusfEES' REPORT ZNCORPORATING DIRECTORS. REPORT (CONTINUED) Carllsle Unlted Communlty Sports Trust with whom we partner to dellver football coachlng sessions on a Tuesday and Friday and a Sports for All inclusive sports sesslon also • Manchester United Foundation who dellver thelr Street Reds programme In our Monday nlght Junlor Youth Club Unwln Jones Partnershlp and Brlckststlon with whom we run and annual Lego competition encouraglng creativity and deslgn Carllsle Futsal Club wlth whom we partner to ralse awareness of CYZ vla vislbillty on the team shlrts, and who dellver tralnlng for Carllsle's youth futsal programs In Cumbrla In addltlon, we have enjoyed collaboratlon wlth a wlde range of people and organlsatlons that are able to compliment, expand and enhance our Youth Offer for young people. These have Included (potted summary): Antl Raclst Cumbrla . Woman Up. Carllsle Plckleball Cumberland Councll - Youth Councll, Targeted Youth Support, and Care Experlence, and Communlty teams Cumbrla Pollce State of Mlnd Sport Multicultural Cumbrla Cumbria Development Educatlon Centre (CDEC) People First Queer Cumbrla Tullle Hou Splral Unlverslty of Cumbrla Eden Fllms Soundwave And a wide range of professlonal artlsts, creatlves and facllltators Includlng Somo, Kema Kayi Llttle Inventors, Artscool Carlisle, and Mini Me Yoga An Increaslng number of organisations and stakeholders have also sought to use the unlque space of CYZ to host thelr own tralnlng, events and youth programmes Includlng Cumbrla Youth Alllance, Cumberland Councll Chlldren Looked After and Leavlng Care Team, Progress Schools, The Glllford Centre, Preventlon & Youth Justice Services, Carlisle Adult Learnlngi Cumbria Arts & Culture Network, Northern Health Futures Hub and Carlisle & Eden Mind. 12- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE TRusfEES' REPORT INCORPORATING DIRECTORS, REPORT (CONTINUED) Our Chief Executive, Caroline Taylor-Beswick, has continued to make contrlbutlons to sector wlde developments, both locally and natlonally Including through: An honorary (voluntary) Professor of Prattlce role (Youth Work, ChIld￿n,$ Rlghts and PartlcSpatlon) with University of Cumbrla. Member of the Leading Lundy Natlonal Communlty of Practl Cumbria Climate Assembly Invited speaker Integrated Care Community (ICC) Thlrd Sector Rep for Carllsle NeI￿Ork Steering Group Member for Better Tomorrows Advisory Board Member for Active Cumbrla FINANCIAL REVXEW The flnanclal challenges of the charlty sector are well documented and growlngi Includlng from the Charlty Commlsslon itself who has Identifted financlal resillence amongst the most serlous rlsks faclng charities. Like others, CYZ is navigatlng this context, impacted most 5ignSficantly by rising costs, Includlng employlng staff, energy and inflatlon on goods and resources, alongside Increased demand and a fraglllty wSth regards the levels and rellablllty of Income sources. Unllke other sectors, CYZ d￿S not have the option to transfer Increases In costs onto beneftciaries (young people) and as such to conserve the level of dellvery young people need and deserve, we must raise more to deliver the same, andlor flnd savlngs and efflclencles wlthout compromlslng on quality. Throughout this flnanclal perlod, we have remalned proactlve In our pursult of achlevlng thls goal. We contlnue to have one of the leanest operatlng structures wlthln the Onside Network of Youth Zones, are metlculous in our cost control and commStment to securing value for moneyi and have sought cost savlngs (Includlng the ongolng vacancy of a senlor leadershlp post) where possible. On a strateglc footlng, and as part of the broader strategy refresh, we have also created a new Income Generation Strategy to steer us in respondlng to the need to achleve sustslnable Income growth, dlversify our Income sources and partnerships, ensure adequate proportion of unrestrlcted funding Is secured, and to strengthen our confldence In Income securlty through whlch we can maxlmlse our Impact wlth young people. Slgnlflcantly wlthln thls flnanclal perlod, we secured a grant to Install energy savlng technologles (solar panels and associated battery storage), whlch, alongside contrlbutlng to our envlronmental responslbllltles, are expected to reduce energy costs conslderably for the years ahead. We also applled and were awarded a Deed of Glft as part of the Legacy Partner programme of The Edward Gostling Foundatlon, whlch has provlded capital to Invest and generate Income In order to provlde g￿ater certalnty and flexibility Sn relatlon to funding over the coming years. Thls has resulted in total income for this financial perlod of £1, 150,807 (2024: £1,084,017), although Important to note that thls Includes the t￿0 aforementloned restrlcted grants,. £139,936 from Groundworks UK restricted for spend on capital energy efflciency works, and £200,000 from The Edward Gostling Foundation to be restricted over the next 5 years, with a maximum capltal draw down of £40,000 per annum. 13- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE TRUSTEES, REPORT INCORPORATING DIRECTORS, REPORT (CONTINUED) The proportion of restricted income wlthln the financial period has therefore increased to 590/0 (2024.. 370h) and Income secured for in year operatlonal delivery costs reduced in the financial perlod, resulting In the need to use £77,283 of unrestricted feseNes (£42,000 of which was designated for spend) to brldge an Income vs expendlture gap. Total expendlture for thls flnanclal perlod Is £1,229,901 (2024: £1,068,440). This includes £226,568 accounting for the depreciation of the buildlng value, envlronmental capital works spend, and an Increase Sn staff costs by £74,511 to £592,729 (2024: £518,218). CYZ had a closing cash balan￿ of £603,079 In 2025 compared to £488,339 in 2024. Investments Pollcy As at 31st March 2025, the Investment value was £200,413 (2024.. £196,819). The total reallsed galns for the year are £1,173 (2024: £1,230) and the total unreallsed galns are £381 (2024: £12,559) resultlng sn a net galn on Investments of £1,554 (2024: £13,789). Trustees contlnue to monltor the Investment performance closely, together with the support of Evelyn Partners, to manage the longer-term outcome and to ensure that they provlde the equity and returns the charity requlres to dellver on Its charltable objectives. Trustees have given due conslderation to Evelyn Partners approach to responslble Investlng by default, where they combine a focus on tradltlonal flnanclal risk and signlficant environmental, soclal and governance (ESG) factors, together wlth an actlve steward5hlp programme. Thls Includes comblning the roles of financlal analyst and responsible Investment analyst to ensure that materlal ESG factors are consldered effectlvely wlthln the flnanclal declslon process. Evelyn Partners are also slgnatorles to the Unlted Natlons Prlnclples for Responslble Investlng (UN PRI) and the UK Stewardship Code 2020. Reservespollcy Trustees of CYZ have established a reseNes pollcy whlch approprlately reflects the rlsks to whlch the charlty Is exposed balanced with the need to progress servlce delivery. In reviewlng the potential costs that could arlse should a slgnlflcant reductlon Sn Income be Incurred, Trustees have determlned that It Is approprlate for unrestrlcted, 'free', reserves to be maintained at between 3 to 6 months. The total reserves of the charlty at 31st March 2025 were £3,212,023 (2024: £3,289,563). Of these total rese￿e5 £2,775,644 are restrlcted reserves whlch Include restrlcted flxed assets of £2,387,889 (2024: £2,524,838). At 31st March 2025 the charity has retained unrestricted reserves of £436,679 (2024: £513,662) of which £68,000 remalns deslgnated by Trustees for digital estate (£25,000) and bulldlng contlngency (£43,000). Unrestricted, 'free' reserves of £368,379 (2024.. £403,662) provldes cover for more than 3 months of operating costs, albelt reduced from the previous financlal period. The Trustees actlvely manage CYZ'S finances so that an adequate level of reserves is maintained In compliance with the reserves pollcy. The Charlty wlll revlew regularly both the sum It wlshes to hold In reserves In unrestrlcted funds and the basis for that figure, partlcularly considering the impact of the ongoing economic context. 14- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE TRusfEES' REPORT INCORPORATING DIRECTORS. REPORT (CONTINUED) PLANS FOR FUTURE PERIODS As outlined earller in the report, during thls financial period, CYZ has undertaken a comprehensive revlew of Its vlslon, mlsslon and strateglc prlorities for the next 3 years (2025-2027) setting a number of long-term goals whlch wlll steer the artlons and declslon maklng durlng the next perlod. To monitor and revlew progress, a set of Key performan￿ Indicators have been established. these Include a balan￿ of strategic/longer term metrics alongslde annual markers whlch will monltor progress and assist decision making. The aforementioned investment in an Impact and Insight Officer has asslsted In the creation of tracking process, provlding a vlsual dashboard of progress to Trustees which wlll be revlewed 6 monthly. For the comlng perlod, actlvity will priorltlse member (young people) retentlon followlng the current perlods growth and the development of outreach programmes such as dlgltal and rural engagement projects (strategic prlorlty I; deliver a dynamlc, fun and contemporary youth work offer),. retainlng a dlverslty of members that exceeds baseline demographlcs and Increaslng targeted youth engagement such as LGBTQ+, Dlsablllty, Cared For and Youth Justice (strateglc prlority 2; advance our commitment to Incluslon); establlsh CYZ as a spoke In the emerglng Cumberland Famlly Hub developments (strategic priority 3; establlsh CYZ as a safe and welcoming hub of opportunlty and support),. and embed the Lundy Model of Partlclpation across the team and advance the development of Cumbrla Youth Co-research Collectlve (strateglc prlorlty 4. to be a beacon of rights-based Youth Partlclpatory Practlce and Leadershlp). Trustees recognlse the need to monltor and advance the organlsatlonal foundatlons from whlch the strateglc prlorltles can progress. A set of 4 Pillars have been identifled which wlll underpln developments. These are. a supported, skllled and knowledgeable team., flnanclal reslllence. hlgh quallty facilitleslresourcesjlnfrastructure; and robust governance. For the comlng perSod, activity to sustaln and develop these Pillars wlll prloritlse strengthening team engagement through new Pulse Surveys and half-termly team development sesslons, Implementlng the Income generatlon strategy developed, strengthenlng dlgltal Infrastructure, systems and pollcles, and advanclng the scope and accesslblllty of data and Inslght for declslon maklng. 15- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE TRUSTEES, REPORT INCORPORATING DIRECTORS, REPORT (CONTINUED) STATEMENT OF TRusfEES' RESPONSIBILITIES The trustees (who are also the dlrectors of Carllsle Youth Zone for the purwses of company law) are responslble for preparlng the trustees, report and the financlal statements In accordance wlth appllcable law and Unlted Klngdom Accounting Standards, including Flnancial Reporting Standard 102,. The Financial Reporting Standard appllcable In the UK and Republlc of Ireland (Unlted Kingdom Generally Accepted Accounting Practice). Company law requlres the trustees to prepare flnanclal statements for each flnanclal year. Under company law the trustees must not approve the financial statements unless they are satlsfled that they glve a true and fair vlew of the state of affairs of the charitable company and of the income and expendlture, of the charltable company for that perlod. In preparing these flnanclal statements, the trustees are requlred to: select sultable accountlng policles and apply them conslstentlyi observe the methods and prlnclples In the CharStles SORP. make Judgements and accountlng estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any materlal departures disclosed and explained In the financlal statements. and prepare the financlal statements on the golng concern basls unless It Is Inapproprlate to presume that the charltable company wlll contlnue In busSness. The trustees are responslble for malntalnlng proper accounting ￿ordS whlch dlsclose wlth asonable accuracy at any tlme the flnanclal posltlon of the charitable company and enable them to ensure that the flnanclal statements comply wlth the Companles Att 2006. They are also responsible for safeguardlng the assets of the charltable company and hence for taklng reasonable steps for the preventlon and detectlon of fraud and other Irregularltles. DISCLOSURE OF INFORMATION TO AUDrroR Each trustee has taken steps that they ought to have taken as a trustee In order to make themselves aware of any relevant audit Informatlon and to establlsh that the charlty's auditor Is aware of that informatlon. The trustees conftrm that there Is no relevant Informatlon that they know of and of whlch they know the auditor is unaware. REAPPOINTMENT OF AUDITOR In accordan￿ with sectlon 485 of the Companies Act 2006, a resolution for the re-appolntment of Davld Allen as audltors of the charlty Is to be proposed at the forthcomlng Annual General Meetlng. The annual report was approved by the trustees of the charlty on 15 December 2025 and slgned on Its behalf by: Pr Chair a rustee 16- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CARLISLE YOUTH ZONE OPINION We have audlted the flnanclal statements of Carllsle Youth Zone (the 'charlty') for the year ended 31 March 2025, which comprlse the Statement of flnancial activities, Balance Sh￿t, Statement of cash flows, and Notes to the financlal statements, includlng a summary of signlflcant applicable law and accountlng pollcies. The flnanclal reporting framework that has been applied In thelr preparatlon Is United Kingdom Accounting Standards, comprlslng Charities SORP - FRS 102 'The Financlal Reporting Standard applicable In the UK and Republlc of Ireland, and Unlted Kingdom Generally Accepted Accountlng Practi￿. In our oplnlon the financlal statements., glve a true and falr vlew of the state of the charitable company's affairs as at 31 March 2025 and of Its Incomlng resources and appllcatlon of resources, Including its income and expendlture, for the year then ended, have been properly prepared In accordance wlth Unlted Klngdom Generally Accepted Accountlng Practlce. and have been prepared In accordance wlth the requirements of the Companles Act 2006. BASIS FOR OPINION We conducted our audlt In accordance wlth Internatlonal Standards on Audltlng (UK) (ISAS (UK)) and appllcable law. Our resFM)nslbillties under those standards are further descrlbed In the Audltor's responsibllitles for the audit of the flnancial statements sectlon of our report. We are Independent of the charity in accordance with the ethlcal requirements that are relevant to our audlt of the flnancial statements In the UK, Includlng the FRC'S Ethlcal Stsndard, and we have fulfilled our other ethical responsibilities In accordance wlth these requlrements. We belleve that the audlt evidence we have obtalned Is sufflclent and approprlate to provlde a basls for our oplnlon. CONCLUSIONS RELATING TO GOING CONCERN In audltlng the flnanclal statements, we have concluded that the trustees, use of the golng concern basls of accountlng In the preparatlon of the flnanclal statements Is approprlate. Based on the work we have performed, we have not Identlfied any materlal uncertaintles relating to events or conditlons that, Indlvldually or collectlvelyi may cast slgnlflcant doubt on the charlty's ablllty to contlnue as a golng concern for a perlod of at least ￿e1ve months from when the orlglnal financlal statements were authorised for Issue. Our responsibilities and the responsibilitles of the trustees wlth respect to going concern are descrlbed In the relevant sections of thls report. OTHER INFORMATION The trustees are responslble for the other Informatlon. The other Information comprises the information Included in the annual report including the trustees report, other than the financlal statements and our auditor's report thereon. Our oplnlon on the financial statements does not cover the other Informatlon and, except to the extent otherwlse explicitly stated In our report, we do not express any form of assuran￿ concluslon thereon. 17- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CARLISLE YOUTH ZONE (CONTINUED) In connection wlth our audlt of the flnanclal statements, our responslblllty Is to read the other information and, In doing so, conslder whether the other Informatlon Is materlally Inconslstent with the financlal statements or our knowledge obtained In the audit or otherwlse appears to be materially mlsstated. If we identify such material InconsSstencies or apparent material misstatements, we are required to determine whether there is a material misstatement In the financial statements or a material mlsstatement of the other Informatlon. If, based on the work we have performed, we conclude that there Is a materlal mlsstatement of thls other Informatlon, we are requlred to report that fact. We have nothlng to report In thls regard. OPINION ON OTHER MArrER PRESCRXBED BY THE COMPANIES ACT 2006 In our oplnion, based on the work undertaken In the course of the audit: the Informatlon glven In the Trustees, report whlch Includes the dlrectors, report prepared for the purposes of company law for the financlal year for whlch the flnanclal statements are prepared is conslstent wlth the flnanclal statements; and the Trustees, report Incorporatlng the dlrectors, report has been prepared In accordance wlth appllcable legal requlrements. MAThERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION In the Ilght of our knowledge and understandlng of the charlty and Its envlronment obtalned In the course of the audlt, we have not Identlfled materlal mlsstatements Sn the Trustees, report incorporating the dlrectors, report. We have nothlng to report In respect of the followlng matters where the Companles Act 2006 requlres us to report to you If, In our oplnlon.. adequate and proper accountlng records have not been kept, or returns adequate for our audlt have not been recelved from branches not Vlsited by u5,. or the flnanclal statements are not Sn agreement wlth the accountlng records and returns. or certaln d5sclosures of trustees, remuneratlon speclfled by law are not made,. or we have not recelved all the Informatlon and explanatlons we requlre for our audlt. RESPONSIBILITIES OF TRusfEES As explalned more fully In the Statement of Trustees, responslbllltSes, set out on page 17, the trustees (who are the dlrectors of the charltable company for the purposes of company law) are responslble for the preparation of the flnancial statements and for being satisfied that they give a true and falr vlew, and for such Internal control as the trustees determlne Is necessary to enable the preparatlon of flnanclal statements that are free from material misstatement, whether due to fraud or error. In preparlng the flnanclal statements, the trustees are responslble for assesslng the charity's ablllty to contlnue as a going concern, disclosing, as appllcable, matters related to going concern and using the going concern basis of accountlng unless the trustees either intend to liquldate the charity or to cease operations, or have no realistic alternative but to do so. 18- CARLXSLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CARLISLE YOUTH ZONE (CONTINUED) AUDITOR'S RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS Our objectlves are to obtaln reasonable assurance about whether the flnanclal statements as a whole are free from materlal misstatement, whether due to fraud or error, and to Issue an audltor'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 wlth ISAS (UK) wlll always detect a materlal mlsstatement when it exlsts. Mlsstatements can arise from fraud or error and are considered material If, Indlvldually or in the aggregate, they could reasonably be expected to Influence the economlc decisions of users taken on the basls of these financlal statements. Irregularities, including fraud, are Instances of non-compllance wlth laws and regulatlons. We deslgn procedures in Ilne with our responslbilities, outlined above, to detect material mlsstatements in respect of Irregularitles, includlng fraud. The extent to whlch our procedures are capable of detectlng Irregularltles, Includlng fraud Is detalled below: Our audlt procedures were deslgned to respond to those Sdentlfled risks, Includlng non-compliance wSth laws and regulatlons (Irregularitles) and fraud that are materSal to the flnanclal statements. Our audlt procedures included but were not limlted to: Dlscusslng wlth the Dlrectors and Management thelr pollcles and procedures regardlng compllance wlth laws and regulatlons, Communlcatlng Identifiéd laws and regulatlons throughout our engagement team and remalnlng alert to any Indlcatlons of non-compliance throughout our audlt. and Conslderlng the rlsk of acts by the company whlch were contrary to the appllcable laws and regulatlons, Includlng fraud. Our audlt procedures In relatlon to fraud Included but were not Ilmlted to: Maklng enqulrles of the Dlrectors and Management on whether they had knowledge of any actual, suspected or alleged fraud; Galnlng an understandlng of the Internal controls establlshed to mltlgate rlsks related to fraud; Dlscusslng amongst the engagement team the rlsks of fraud; and Addresslng the rlsks of fraud through management overrlde of controls by performlng Journal entry testing. We are not responslble for detecting fraud and preventlng non-compllantr and cannot be expected to detect all fraud and non-complian￿ wlth all laws and regulatlons. The prlmary responsibility for the preventlon and detectlon of Irregularltles Includlng fraud rests wlth both the management and the Directors. As with any audlt, there remalned a rlsk of non-detection of irregularities, as these may involve collusion, forgery, intentional omisslons, mlsrepresentatlons or the overrlde of Internal controls. A further descrlption of our re5ponsibllities is avallable on the Financlal Reporting Council's webslte at: www.frc.org.uvauditorsresponsibilities. Thi5 description forms part of our auditor's report, 19- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CARLISLE YOUTH ZONE (CONTINUED) USE OF OUR REPORT This report is made solely to the charitable company's members, as a body, In accordance with Chapter 3 of Part 16 of the Companies Att 2006. Our audlt work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an audltor's report and for no other purpose. To the fullest extent permltted by law, we do not accept or assume responslblllty to anyone other than the charitable company and the charitable company's members as a body, for our audlt work, for this report, or for the oplnlons we have fomied. ALISON WELTON (Senlor Statutory Auditor) For and on behalf of Davld Allen Chartered Accountants & Ststutory Audltor Dalmar House Barras Lane Estate Dalston Carllsle CA5 7NY Date: 8 December 2025 20- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 (INCLUDING INCOME AND EXPENDITURE ACCOUNT AND STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES) Total 2025 Total 2024 Unrestrlcted Restrlcted Note Income: Donations, legacles and grants recelvable Income fmm charltable activitles. Youth Club other tradlng actlvltles Investment Income 246,653 682,054 928,707 870,907 60,912 141,577 60,912 141,577 50,429 150,900 Total income Expendlture on: Costs of raising funds.. Ralslng funds Expenditure on chantable activities. Youth Club 468 753 682 054 1150 807 1084 017 {64,869) (64,869) (56,666) 482 353 682 679 1 165 032 1011774 Total expendlture Galns on Investment assets 15 (547,222) (682,679) (1,229,901) (1,068,440) Net (expendlture)Ilncome Transfers between funds (76,915) 368 (625) 368 (77,540) 29,366 Net movement In funds Reconclllatlon of funds (77,283) (257) (77,540) 29,366 Total funds brought forward 513 662 2 775 901 3 289 563 3 260 197 Total funds carrled forward 21 436 379 2 775 644 3 212 023 3 289 563 21- CARLISLE YOUTH ZONE COMPANY UMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) (INCLUDING INCOME AND EXPENDITURE ACCOUNT AND sfATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES) Unrestrlrted funds Restrlrted funds Total 2024 Note Income: Donatlons, legacles and grants recelvable Income fmm charitable act/v/tles.' Youth Club Other tradlng actlvltles Investment Income 474,373 396,534 870,907 50,429 150,900 50,429 150,900 Total Income Expendlture on: Costs of raising funds.. Ralslng funds Expenditure on charitable act/vltles.' Youth Club 687 483 396 534 1084 017 (56,666) (56,666) 436 926 574 848 1011774 Total expendlture Galns on Investment assets (493,592) (574,848) (1,068,440) 15 Net Incomel{expendlture) Net movement In funds Reconclllatlon of funds 207 680 178 314 207,680 (178,314) 29,366 Total funds brought forward Total funds carrled foNard 305 982 2 954 215 3 260 197 21 513 662 2 775 901 3 289 563 All of the charlty's activities derlve from contlnulng operations durlng the above periods. The funds breakdown for 2025 and 2024 Is shown In note 21. -22- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note Flxed assets Tangible assets Investments 14 15 2,428,943 200 413 2,566,395 196 819 2,629,356 2,763,214 Current assets stocks Debtors Cash at bank and In hand 16 17 1,532 87,844 603 079 2,977 121,838 488 339 692,455 613,154 Credltors: Amounts falllng due wlthln one year 18 109 788 Net current assets 582 667 526 349 Net assets 3 212 023 3 289 563 Funds of the charlty: Restrlcted Income funds Restricted funds 21 2,775,644 2,775,901 Unrestrlded Income funds Unrestrlcted funds 436 379 513 662 Total funds 21 3 212 023 3 289 563 These accounts are prepared In accordance wlth the special provlslons of Part 15 of the Companles Act 2006 and are for clrculatlon to members of the company. The financlal statements on pages 21 to 49 were approved by the trustees, and authorlsed for issue on 15 December 2025 and signed on thelr behalf by: Pr Trustee Registration number.. 07113460 23- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Note Cash flows from operatlng actlvlties Net cash (expendlture)/income Adjustments to cash flows from non-cash Items Depreciation Investment income Loss on dlsposal of tanglble flxed assets Revaluation of investments (77,540) 29,366 245,813 (19,611) 3,607 381 243,132 (11,781) 4,159 io 15 151,888 252,318 Worklng capltal adjustments Decreasel(increase) In stocks Decreasel(Increase) In debtors Increase In credltors 16 17 18 1,445 33,994 (1,024) (68,359) 502 Net cash flows from operatlng actlvltles 210 310 183 437 Cash flows from Investlng actlvltles Interest recelvable and slmllar Income Purchase of tanglble fixed assets Purchase of Investments Sale of Investments Income from dividends 15,242 (111,969) (23,711) 20,498 9,205 (16,563) (10,675) 7,320 14 15 15 Net cash flows from Investlng actlvltles Net InC￿aSe In cash and cash equlvalents Cash and cash equlvalents at l Aprll Cash and cash equlvalents at 31 March 114,740 175,300 488 339 313 039 603 079 488 339 All of the cash flows are derlved from continulng operatlons durlng the above periods. -24- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 I CHARITABLE COMPANY STATUS The liability of the members is limited. Every member of the charltable company undertakes to contribute to the assets of the charitable company, in the event of the same being wound up while he or she Is a member, or within one year after he or she ceases to be a member, for payment of the debts and Ilabilities of the charltable company contracted before he or she ceases to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rlghts of the contributions among themselves, such amount as may be required not exceeding £10. The charlty Is Ilmlted by guarant￿, Incorporated In England and Wales. The address of Its reglstered offlce Is: Vlctorla Place Carlisle CAI ILR These flnanclal statements were authorlsed forlssue by the trustees on 15 December 2025. 2 ACCOUNTXNG POUCIES Summary of slgnlflcant accountlng pollcles and key accountlng estlmates The princlpal accounting policies applied In the preparation of these financial statements are set out below. These pollcles have been conslstently applled to all the years presented, unless otherwlse stated. Statement of compllance The financlal statements have been prepared In accordance wlth Accountlng and Reportlng by Charitles: Statement of Recommended Practice applicable to charlties preparlng their accounts In accordance wlth the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland (FRS 102) (effectlve l January 2019) (Charltles SORP (FRS 102)), the Flnanclal Reportlng Standard applicable In the UK and Republlc of Ireland (FRS 102). They also comply wlth the Companies Act 2006 and Charlties Act 2011. Basls of preparatlon Carlisle Youth Zone meets the definStion of a public benefit entlty under FRS 102. Assets and Ilablllties are initially recognised at hlstorical cost or transartion value unless otherwlse stated in the relevant accountlng pollcy notes. The financlal statements are prepared in sterlingi which Is the functional currency of the entity. Monetary amounts in these flnanclal statements are rounded to the nearest £. 25- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) 2 ACCOUNTXNG POUCXES (contlnued) Golng concern The trustees consider that there are no materlal uncertaintles about the charlty's abllity to contlnue as a going concern nor any slgnificant areas of un￿rtaInty that affect the carrylng value of assets held by the charity. Judgements and key sources of estlmatlon uncertalnty The preparation of the flnancial statements requlres management to make Judgements, estlmates and assumptlons that affett the amounts reported. These estimates and Judgements are continually revlewed and are based on experlence and other factors, Includlng expectatlons of future events that are belleved to be reasonable under the Clrcumstances. Actual results may dlffer from these estimate5. Income All income Is recognlsed once the charlty has entltlement to the Income, It Is probable that the Income will be recelved and the amount of the Income recelvable can be measured rellably. DonaUon$ Donatlons and slmllar Income are Included In the perlod In whlch they are recelvable, whlch Is when the charlty becomes entltled to the resource. Grants re¢e/vable Grants are recognlsed when the charity has an entltlement to the funds and any condltlons Ilnked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the Income is recognlsed as a Ilabllity and Included on the balance sheet as deferred Income to be released. Grants recelvable from government and other agencles have been Included as Income from actlvltles in furtherance of the charity's objects where these amount to a contratt for servlces but as donations where money Is glven with greater freedom of use. Donated serv/cEs and fadlltles Donated services and facilitles are only included In income (with an equlvalent amount in expendlture) where the benef(t to the charity is reasonably quantiflable, measurable and material. The value placed on these resources IS the estimated value to the charity of the Se￿iCe or facility recelved. Other tradlng actlvltles Income from trading activities Is recognised when there Is eviden￿ of entitlement, recelpt is probable and Its amount can be measured reliably. Investment Income Investment Income is accounted for In the year In which it is received. -26- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) 2 ACCOUNTING POUCIES (contlnued) Charltable artlvltles Entry fees are Included In the perlod whlch they are recelvable. Expenditure All expenditure Is recognlsed once there Is a legal or constructlve obllgatlon to that expendlture, it is probable settlement Is required and the amount can be measured rellably. Expenditure is recognised on an accruals basls as a Ilability Is Incurred. Expenditure Includes any VAT, which cannot be covered, and Is reported as part of the expendlture to whlch It relates. Ralslng funds These comprlse of those costs dlrectly attrlbutable to ralslng funds for the charlty. Charltable artlvltles Charltsble expenditure comprlses those costs Incurred by the charSty In the dellvery of Its activlties and servlces for Its beneflciarles. It includes both costs that can be allocated dlrectly to such actlvlties and those costs of an Indirect nature necessary to support them. Support costs A5 Outllned earller, Volunteers contlnue to make contrlbutlons across all aspects of our work as part of our One Team approach, most notably vla our Mentorlng Programme and through our Volunteer Youth Engagement and Volunteer Youth Actlvlty roles. Governance costs These Include the costs attrlbutable to the charlty's compllance wlth constltutlonal and statutory qulrements, Includlng audit, strateglc management and trustees, meetings and relmbursed expenses. TJxatlon The charitable company Is a registered charity and as such Is exempt from Income Tax and Corporatlon Tax under the provSslon of the Income and Corporation Taxes Act 1988. Tanglble flxed assets Indlvidual flxed assets costing £500 or more are initlally recorded at cost, less any subsequent accumulated depreclatlon and subsequent accumulated Impalrment losses. Depreciatlon and amortlsatlon Depreciation Is provided on tangible fixed assets so as to write off the cost or valuation, less any estlmated residual value, over their expected useful economlc life as follows.. 27- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) 2 ACCOUNTING POUCIES (contlnued) Asset class Plant and Machinery Flxtures and Fittlngs Offlce EqL*ipment Motor Vehicles Leasehold Property Flxed asset Investments Investments are a form of basic financlal Instrument and are Inltially recognlsed at thelr transactlon value and subsequently measured at thelr falr value as at the balance sheet date us5ng the closlng quoted market price.The statement of flnanclal activitles Includes the net gains and losses arlsing on revaluatlon and dlsposals throughout the year. Depreclatlon method and rate 200/0 reducing balance 200/0 reduclng balance 20 % reducing balance 25 % reducing balance 22 year lease term The charlty does not acqulre put optlons, derlvatlves or other complex flnanclal Instruments. All galns and losses are taken to the statement of flnanclal actlvlties a5 they arlse. Realised gains and losses on Investments are calculated as the difference between sales proceeds and thelr openlng carrylng value or their purchase value If acqulred subsequent to the flrst day of the flnancial year. Unreallsed galns and losses are calculated as the dlfference between the falr value at the year-end and thelr carrylng value. Reallsed and unreallsed Investment galns and losses are comblned Sn the statement of flnanclal actlvltles. All monles Invested durlng the year are unrestrlcted and therefore the asset and any returns all slt wlthln the unrestrlcted reserves of the charlty. The maln form of flnancial rlsk faced by the charSty Is that of volatility In equity markets and Investment markets due to wlder economlc conditlons, the attltude of investors to Investment rlsk, and changes in sentlment concerning equities and wSthln particular sectors or sub sectors. Stock Stocks are ststed at the lower of cost and estlmated selllng pr￿￿ less costs to complete and sell, after due regard for obsolete and slow movlng stocks. Fund structure Unrestricted Income funds are general funds that are available for use at the trustees, dlscretlon In furtherance of the objectives of the charity. Designated unrestrlcted funds are unrestrlcted funds earmarked by the trustees for particular purposes, Restrlcted income funds are those donated for use in a partlcular area or for speclflc purposes, the use of which is restricted to that area or purpose. 28- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) 2 ACCOUNTING POLICIES (contlnued) Penslons costs The charltable company operates a deflned contrlbutlon penslon scheme for employees. The assets of the scheme are held separately from those of the charitable company. The annual contrlbutlons payable are charged to the statement of flnanclal activities. Flnanclal Instruments Classlflcatlon Flnanclal as*ts and flnanclal Ilabllltles are recognlsed when the charity becomes a paty to the contractual provlslons of the Instrument. Flnanclal liabllltles and equity Instruments are classlfled according to the Substan￿ of the contractual arrangements entered into. Recognltlon and measurement All financlal assets and Ilabilltles are Inltlally measured at transaction price (Includlng transactlon costs), except for those flnanclal assets classifled as at falr value through profit or loss, whlch a Inltlally measured at falr value (whlch Is normally the transactlon prlce excludlng transactlon costs), unless the arrangement constitutes a flnanclng transaction. Flnanclal assets and Ilabllltles are only offset In the statement of financlal position when, and only when there exlsts a legally enforceable rlght to set off the recognised amounts and the charity Intends elther to settle on a net basis, or to reallse the asset and settle the Ilabllity slmultaneously. Flnanclal assets are derecognlsed when and only when a) the contractual rights to the cash flows from the flnanclal asset explre or are settled, b) the charlty transfers to another party substantlally all of the rlsks and rewards of ownership of the flnanclal asset, or c) the charity, despite having retained some, but not all, slgnlflcant rlsks and rewards of ownershlpi has transferred control of the asset to another party. Flnancial Ilabilitles are derecognised only when the obligatlon specified In the contract Is dlscharged, cancelled or explres. 3 INCOME FROM DONATIONS, LEGACIES AND GRANTS RECEIVABLE Total 2025 Total 2024 Unrestrlcted Restrlcted Donatlons Prlvate sector support Grants receivable Grants and trusts 200,653 200,653 309,344 682 054 728 054 561563 246 653 682 054 928 707 870 907 29- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) 4 INCOME FROM CHARZTABLE ACTIVITIES Total 2025 Total 2024 Unrestrl¢ted Entry fees Shop Income 45,849 45,849 40,816 5 INCOME FROM OTHER TRADING ACTIVITZES Total 2025 Total 2024 Unrestrlcted Fundralslng events Room hire Sundry Income 55,817 78,271 55,817 78,271 54,513 73,120 141577 141577 150 900 6 INVESTMENT INCOME Unrestrlcted Total 2025 Total 2024 General Dlvldends Investment Interest re￿1vable Bank Interest re￿[Vable 2,871 1,498 2,871 1,498 2,576 1,152 -30- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) 7 EXPENDITURE ON RAISING FUNDS a) Costs of ralslng funds Unrestrlcted Total 2025 Total 2024 General Dlrert COSt$ Purchases Investment management fees Wages and salarles 28,624 1,811 28,624 1,811 25,052 1,604 8 EXPENDITURE ON CHARITABLE ACTXVITIES Unrestrlcted funds Restrlcted funds Total 2025 Total 2024 Purchases Wages, employer's natlonal Insurance contrlbutlons and penslon contrlbutlons Depreclatlon other costs Subcontract costs 13,653 94,839 108,492 45,445 307,878 8,394 152,428 250,417 237,419 100,004 558,295 245,813 252,432 488,207 243,132 202,288 482 353 682 679 1 165 032 1011774 31- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) 9 ANALYSIS OF SUPPORT COSTS Support costs allocated to charltable actlvltles Other staff Admlnlstratlon support costs costs costs Governance costs Total 2025 IT costs Youth Zone 252 297 301570 other Staff Admlnlstratlon support costs costs Costs Governance costs Total 2024 IT costs Youth Zone 223 186 270 497 Governance costs 2025 2024 Trustee tralnlng Audlt fees 936 32- ARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) IONET INCOMZNG/OUTGOZNG RESOURCES Net (outgoing)/lncoming resourtrs for the year Include.. Audit fees Loss on dlsposal of tanglble flxed assets Depreciatlon of fixed assets 202S 2024 6,000 3,607 245 813 5,100 4,159 243 132 IITRUSTEES REMUNERAnON AND EXPENSES during the year. No trustees, nor any persons connected with them, have recelved any remuneratlon from the charity year. No trustees have reoived any relmbursed expenses or any other beneflts from the charity durlng the 12 STAFF cosrs The aggregate payroll costs Were as follows.. Staff costs durlng the year were.. Wages and salarles Soclal security costs Penslon costs 2025 2024 532,420 34,079 467,736 27,110 592 729 518 218 The monthly average number of persons (Includlng senlor management team) employed by the charlty during the year was as follows.. Youth worker Adminlstration and support staff 2025 No 2024 No 33 io 26 li 43 Contributlons to the employ￿ penslon schemes for the year totalled £26,230 (2024 - £23,372). 37 -33. CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 {CONTINUED) 12sfAFF cosrs (contlnued) No employee received emoluments of more than £60,000 during the year. The total employee benefits of the key management personnel of the charlty were £147,193 (2024 £121,500). 13TAXATION The charity Is a reglstered charity and Is therefore exempt from taxatlon. 34- o)0 mr co Ln o ry) CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) 14TANGIBLE FIXED ASSETS (continued) The property from which the charity operates was built by Onside Northwest Ltd with the ald of grant of £4,980,234 from the Big Lottery. On 26 March 2013 Onside Northwest Land and Buildings Ltd glfted the remalnder of the 25 year lease In the property, whlch started on 19 February 2010, to the charlty. The trustees have valued thls glfted property as £4,980,234, belng the value of the Inltlal grant that funded Its development. In the trustees, oplnlon thls value Is reasonable. Secured Assets The property from whlch the charlty operates was built from a grant of £4,980,234 from the Blg Lottery, The grant is held on trust and is repayable if the terms of the grant are not met. The 8ig Lottery has a legal charge on the propety. Included wlthln the net book value of land and bulldlngs above Is £NII (2024 £NII) In respect of freehold land and buildings and £2,265,677 (2024 - £2,492,245) In respect of leasehold land and buildings. 15 FIXED ASSET INVEsfMENTS Other Investments Llsted Investments Total Cost or Valuatlon At l April 2024 Addltlons Revaluation DIsF<)sals At 31 March 2025 196,819 23,711 381 196,819 23,711 381 200 413 200 413 Net book value At 31 March 2025 200 413 200 413 At 31 March 2024 196 819 196 819 Valuations are prepared on the basls of the middle market prlce at the close of business on the valuatlon date, for certain securities the price may be last trade or bid price. The total reallsed galn for the year Is £1,173 {2024 galns of £1,230) and the total unreallsed galns are £381 (2024 - unrealised galn of £12,559), resulting in a net gain on investments of £1,554 (2024 £13,789). -36. CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) 16sfocK 2025 2024 Stocks 17DEBTORS 2025 2024 Trade debtors Prepayments and accrued Income 46,320 88,104 121838 18CREDITORS: amounts falllng due wlthln one year 2025 2024 Trade credltors Other taxatlon and soclal securlty Other credltors Accruals and deferred Income 51,532 8,777 3,132 24,875 8,592 3,341 109 788 2025 2024 Deferred Income at l Aprll 2024 Resources deferred In the perlod Arnounts released from previous periods 36,260 29,636 29,900 36,260 Deferred Income at year end Included In deferred Income Is £29,636 which was received in advan￿ with regards to the raceday event which wlll be held in the next financial year. -37- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) 190BLXGATIONS UNDER LEASES AND HIRE PURCHASE CONTRAcrs Operatlng lease commltments Totsl future mlnlmum lease payments under non-cancellable operatlng leases are as follows: 2025 2024 Other Wlthln one year Between one and tlve years 768 768 768 The total operatlng lea* payments recognlsed as an expense was £768 In the year ended 31 March 2025 (2024: £768), 20 PENSION AND OTHER SCHEMES Deflned contrlbutlon penslon scheme The charlty operates a deflned contrlbutlon penslon scheme. The penslon cost charge for the year represents contrlbutlons payable by the charlty to the scheme and amounted to £26,230 (2024 £23,372). At 31 March 2025, £3,130 was owing to the scheme (2024: £3,341). 38- I tw 0Tr4 Lno fo￿¢0￿}mIxI o) c cLL8 c 515 Ln Oi I m loW￿￿)Lri 27)8￿￿&￿LL1Jg￿ zuz .IloSÉ112 t o rN om￿) ln￿ Ln¢ 8g8% rs Ln mm¢ lu Z (p oj 1] uu(YLLEuu(3¢uF-i/JU to N OiLri f•4 CONtN 0￿ffj Ln Lriu)￿ Ln tN CO Ln CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) 21 FUNDS (contlnued) Flxed assets The building used by the Youth Zone was donated by Onslde North West Llmlted. Other fixtures and fittlngs have also been donated to the Charity. Queens Trust The Youth Zone recelved a grant of £IOO,000 from the Queens Trust in the year to 31 March 2018, whlch Is to be held In reserve as a contlngency emergency fund. The Natlonal Lottery Communlty Fund - Reachlng Communltles Fundlng (over 3 years) to establlsh and deliver a Strengthenlng Families project in partnershlp wlth Cumbria Famlly Support. An Empowerlng Families Officer Is employed to provide hollstlc support that centres posltlve relatlonshlps wlthln and around the famlly unlt to Improve mental health and wellbelng. Chlldren In Need A 3-year grant towards core costs of dellverlng youth work support to children and young people who are Ilvlng In Carllsle. Culture of Health - Ogelsby Charltable Trust (vla Onslde) Concludlng part of a 2-year grant, from Ogelsby Charltable Trust, vla Onslde, to fund a Health & Wellbelng projett and embed a culture of Health and Wellbelng at CYZ. NHS Green Soclal Prescrlblng Development Fund A pilot Green Soclal Prescrlblng Projett working In partnershlp with Cumbria Wildlife Trust and targeted towards young people at rlsk of poor health outcomes. Young people aged 14yrs+ co-design thelr 10-week programme of activlty, ensurlng each group have the maxlmum opportunlty to shape thelr projett and experiences. Onslde Network Projects Grants Included from Onside Network Partners Barratt Homes core fundlng grant, a grant for meals for Young People In wlnter, a residentlal grant for Young People in winter, a residential grant for Young People and a contributlon to upgraded slgnage for the building. Three Monkies Trust Funding towards the salary of our Senior Youth Worker who co-ordlnates our muslc offer, delivering an ambitious programme of music-making and professlonal muslc career opportunltles. Cumbria County Council - Outreach and Detached A grant to provide detached youth work in the Carlisle community. ENW - Off The Grld A grant for youn9 people to dellver an enterprise project focused on energy saving and the promotlon of this to our members. -44- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) 21 FUNDS (contlnued) Cumbrla Offlce of Pollce and Crlme Commlssioner - Property Fund A grant to cover the costs of deliverlng an educat5ve assembly programme known as 'Natural High, In Carllsle area secondary schools. Sport England Small Grants Programme - CYZ Glrls Can Fundlng towards a project whlch provldes opportunltles to try a range of girls-only sports and physical activity sesslons. Cumberland Councll - Carllsle Youth Festlval A grant to asslst In convenlng a group of practitloners and young people to plan and deliver a Youth Festlval for Carlisle. Natlonal Hlghways - Soclal Value Fund A grant for capital equlpment costs to malntaln and enhall￿ our youth offer for young people. Flbrus Play It Forward Fund A grant to purchase a range of equlpment to enhance our sports and physlcal actlvlty offer for young people. Francls Scott Trust Fundlng support towards the Carllsle Youth Zone Arts Co-ordlnator Salary (concludlng year). Four Acre Trust Fundlng of the salary for the MentorSng Co-ordlnator (concludlng year). Hollday Actlvltles and Food Fund (HAF) (Cumberland Councll) Funds hollday places and hot meals for children on free school meals. On average 30 young people per day In the school holldays have beneflted from thls fund. Cumbrla Communlty Foundatlon - multiple funds Funding towards the salary costs of the teamlprovision leader of Junlor Club. Focus Foundatlon A grant to provlde free youth actlvity sessions for young people during the school summer holldays. The Natlonal Lottery Communlty Fund - Communlty Or9anl$atlons Cost of Llvlng Fund A grant towards Increaslng costs of delivering safe spaces for young people to go vla our youth programme, and towards expanding this offer to reach more young people through dellvering a Wlnter Warm Zone. Newby Trust Ltd A grant for core fundlng to support Carllsle Youth Zone youth programmes. -45- CARLISLE YOUTH ZONE COMPANY UMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) 21 FUNDS (contlnued) The Albert Gubby Charltable Foundatlon A 3-year grant contributlng towards the delivery costs of a new Employablllty project, known as Equal Chance, to the Carllsle Youth Zone Incluslon members. Burberry Foundatlon (Onslde Partnershlp) A grant to deliver 3 creatlve or enterprise projects a year. The Duke of Edlnbur9h's Award A grant to enable Carlisle Youth Zone to become a reglstered Duke of Edlnburgh's Award Centre, Including funds towards particlpant places and expedltlon equSpment. The Onslde Foundatlon - Impact Fund A 3-year grant to support a step change In Income generatlon artlvity and 5UStalnabS11ty at Carllsle Youth Zone. The Edward Gostllng Fund A grant providing capltal to Invest and generate Income In order to provlde greater ￿rtaInty and flexibillty In relatlon to fundlng over the comlng years to further Its charitsble purposes. Copeland Communlty Fund - UK Shared Prosperlty Fund (UKSPF) A grant to dellver a project tltled "Belonging at the Cultural Opportunlty Zone" (BeCOZ), brlnglng quallty cultural opportunltles to under engaged youth audlences through a serles of "resldencles" from leadlng Cumberland Cultural Institutlons. Unlverslty of Cumbrla A grant from a seed fund project to establlsh a Youth Co-research Collectlve for Cumbrla, for costs assoclated with Community Co-researchers and payments to Youth Co-researchers. A grant for use of a collaboratlve project to understand the Impatt of Unlversal Credlt on young peoples health through dan￿. The Hadfleld Trust A grant to support upgrades to the Dance and Drama Rooms. The Natlonal Foundatlon for Youth Musl¢ - Trallblazer Fund A grant to support the runnlng of the Youth Muslc programme. Cumberland Councll Petterll Communlty Panel A grant to enable the Cumbria Youth Co-research Collectlve to undertake a research engagement projert exploring how Petterll communlty area can be more youth friendly. Groundworks UK A grant to be used towards financing the costs of Capital Assets eligible under the VSCE Energy Efliclency Scheme. -46- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) 21 FUNDS (contlnued) The Bally Thomas Charltable Fund A grant to be used towards revenue and core costs for Inclusion Club. Together Fund A grant to cover Boxlng Actlvator tralnlng for youth workers and to purchase baslc football klt. st James Place Charltable Foundatlon Fundlng support for the stsfflng costs of the Llbrary and Qulet room. Deslgnated Funds At 31 March 2025 the Trustees had retalned deslgnated £68,000 of the unrestrlcted funds for dlgltal estate (£25,000) and buSlding contSngency (£43,000). 22ANALYSIS OF NET ASSETS BETWEEN FUNDS Total funds at 31 March 2025 Unrestrlcted Restrlcted Tanglble flxed assets Flxed asset Investments Net current assets 41,054 200,413 194 912 2,387,889 2,428,943 200,413 582 667 387 755 Total net assets 436 379 2 775 644 3 212 023 Total funds at 31 March 2024 Unrestrlrted Restrlcted Tangible flxed assets Flxed asset Investments Net current assets 41,557 196,819 275 286 2,524,838 2,566,395 196,819 526 349 251063 Total net assets 513 662 2 775 901 3 289 563 -47- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) 23ANALYSIS OF NET FUNDS At l Aprll 2024 Flnanclng cash flows At 31 March 2025 Cash at bank and In hand 488 339 114 740 603 079 Net funds 488 339 At l Aprll 2023 114 740 Flnanclng cash flows 603 079 At 31 March 2024 Cash at bank and In hand 313 039 175 300 488 339 Net funds 313 039 175 300 488 339 -48- CARLISLE YOUTH ZONE COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) 24 RELATED PARTY TRANSACTIONS During the year the charity made the following related party transactlons: The charlty retrlved event recelpts of £1,800 (2024: £1,800) and £Nil donations (2024: £50,000) from Klngmoor Park Properties Ltd, a company connected to Mr B K Scowcroft (Trustee) and Mr N S Mclntyre (Trustee). A balance of £1,800 (2024.. £51,800) was outstanding from Kingmoor Park Propertles Ltd and year end. The charity received £3,300 (2024.. £6,000) In donatlons plus event recelpts of £1,800 (2024: £1,800) and fund raising of £405 (2024: £Nil) from Armstrong Watson, and donatlons of £600 (2024 - £1,734) from Austin Friars. Both companles are connected to Mlss L V Graham (Trustee). The charlty recelved £18,000 (2024: £22,978) In grants and 1650 {2024:£NII) In donatlons from Cumbria Community Foundation, and a £600 (2024.. £NII) donatlon from Alston Dental Prattice Llmlted. Both companles are connected to Ms M E Reld Fotherlngham DL (Trustee) The Charlty recelved £32,904 In grants and £218 In room hlre from Cumberland Councll, a company connected to Mr D J Walker (Trustee). The charlty recelved £4,412 (2024: £Nil) In grants from the Unlverslty of Cumbrla, a company connected to Professor J Mennell (Trustee). The charity recelved £Nil (2024: £6,000) In donatlons from Flelden Marshall Glover Strutt, a company connected to Mr N S Marshall (Trustee). -49-