Charity registration number 1163183
Company registralion number 09267940 (England and Wales)
WIRRAL YOUTH ZONE
TIA THE HIVE
ANNUAL REPORT AND CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
An Onside
Youth Zone
• xeinadin

WIRRAL YOUTH ZONE
TIA THE HIVE
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Mr C A C Hurst {Chair)
Mr J H Schofield
Mr P J Bibby
Mrs K E Eugeni
Mr P J C GarrvJan
MrMLNoon
Mr J Syvret CBE
Mrs H C Ka[￿KIeS
Mrs S Weir
(Appointed 9 May 20231
(Appointed 9 IAay 20231
Senlor managèment
Mrs J Wlson
Ch￿f Exe¢xrtive Offi￿r
Charity nurnber
1163183
Company number
09267940
RegiSte￿d office
rral YcArth Zone
Bright Sireel
Birkenhead
rral
Merseyside
CH414EA
Auditor
Xeinadin Audit Limited
46 Hamilton Square
Biikenhead
Wirral
Meiseyside
CH41 SAR
Bankers
Handelsbanken
Beech House
0a￿and5 (Yffi(2 Patk
Hooton
Cheshire
CH66 7NZ

WIRRAL YOUTH ZONE
TIA THE HIVE
CONTENTS
Page
Foreword from our Chair
Trustees. report
Statement of trustees. r&Sp￿sibilitIeS
10
Independent auditorfs report
Statement (>f financial aclivilies
14
Balance sheet
1S
Slatemenl of cash llws
Notes to the financial slatemenis
19-33

WIRRAL YOUTH ZONE
TIA THE HIVE
FOREWORD FROM OUR CHAIR
FOR THE YEAR ENDED 31 MARCH 2024
"It's amazing, this place...It affects so many different young people in different way5. Hopefully if I do go for a job
somewhere loixl, they'll be doing something good in the comfflunty- helping to pul a smile on kids fa￿S." Ian, Hive
senior rnernbeT.
Isn't it wonderful to see not just how young people see The Hive. bLrt also how they see the Wrral community in
supporting it?
That Sense of colledive ownership is fundamental to what we do here. The Hive belongs to Witral'5 young people
and the task of ensuring it's here for them and doing vthat they need us to do bek)ngs to all of us.
This year has shown the breadth and depth of the supp(Mt that takes - whith indudes the steadfast support of our
long-term partners, Wtral Counul, and the power of continued investments by grant funders, project
comtmissioners. patrons, Hive 100 members and corporate partners., along wilh the In￿dible fvndraising efforts of
so many people induding ovr young members and Hive supporters. We a￿ so incredibly graleful for all your
support.
l also want to say Ihank you lo our amazing trustees. staff and volunteers. From Ihe ueativity of our youth workers
in designing an engaging, compelling offer so that ylwng people come back again and again to the hours of
dedication from our volunteers and men¢ors in providing incredible support- none of this happens wtthout you.
Thanks to all your efforts in 2023124. we 5UPPOrted more than 2.800 young peop￿ ¢wer 34.ow visits. taking part in
an estimated 50CX) activitiesl An unbeliev8ble achievement.
After seven years we know we continue to a make an impact- and look fO￿ard to a new chapler as we welcome
ovr new CEO Jayne ￿lsOn.
Our final thank you is to ma￿ Easdown. who after seven years of working at The Hive moved onto a new
opportunity-
Charles Hurst
Chair
Date..
L9

WIRRAL YOUTH ZONE
TIA THE HIVE
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present Iheir annual report and ffinanual statements for the year ended 31 March 2024.
The financial statèments have been prepared in aCa)rdan￿ with the accounting policies set (iut in note 1 to the
financ4al slalements and comply with the ¢harity's ATtides ol Association, the Companies Act 2006 and 'Accounting
and Reporting by Charib"es.' Statement of Rewmmended Practice applicable to charities preparing their aCCCTrunls in
accordanee with ihe Financial Reporting Standard applicable in the UK and RepU￿1C of Ireland IFRS 1021"
(effective 1 January 20191.
Oblectives and activiti
rral YoLth Zone, named by young peoplè as Yhe Hrve. is a purpose-built space for young people aged 8 - 19
arKI up to 25 for those with disabilities. Centrally located in Bitkenhead, our £6M centre re￿tlY eèlebrated its 7th
birthday.
Wirral Ywth Zone is part of a growing nelwork of similar independent youth otganisalion8 Ihal all share the same
principles, developed by the diarrty Onside Youth Zones. whKh is creating 21st r£ntury yt)uth spaces in towns and
tie5 acyoss the UK.
Our prov8n m(xJel givès young people from auoss Wrral a(￿$$ to a variety ol fantast￿ aclivities for a cost of onty
£5 for an annual membership and Sop per viyl. The Youth Zone provides a safe environment where young people
Can spend their leisuie tiJne, raise their aspirations and improve their physKal and mental health. Up lo 20 different
activities take place each night induding football. boxing. danting, dimbing, creative arts, musi¢, drama and
employability tratning -all for just 50p per visit. ￿lIst Wrral Youth Z￿e is prcth lo be part of the Onside Ne￿Ork.
we are first and foremost an independent chatty, which ensures we can respond to the needs of the local young
peO￿e and the surrounding c(Knmunity.
Our vision is th81 young petsple are healthier, happier and thrive wthin Iheir communities. ￿ do this by providing
somewhere safe to go. something positive lo do and someone trusted to talk to.
Every young person deserves a safe space wheie they can enjoy themselves and feel supported and valued. The
arnazing equipment and opportunities offéred al The Hive are important. l)ut the real impact comes from the lrfe-
changing youth work and inspiring youth workers who are at the hpart ol what we do.
Our approach is that we:
Help identify and focus on young people's strengths and potential ratherthan ju51 addressing problerns
Engage young people as adive partners tn their development. giving Ihem a voice and encouraging them
to take leadership roles within The Hive and beyond
Focus on Equality and Inclusion we promote human rights. wGial justice. and anti-oppressive practices and
work hard to ensure that our youth WOTk is a￿SSIble and indusive for all young people
Create a fanlaslic environmenl where young people feel safe yel are th8llenged to glow and leam
Continue to develop by regularly assessing and adapting our praCtI￿s, based on feedback from young
people and other stakeholders.
This creates a supportwe fram8work that fosters personal and soual d￿elOpMent. enhances èmployabifty, and
improves overall welkb•ng.
Throughout Dur W￿k, we ernbface five organisational values-.
Young people first.. young people are at the heart of everything we do. inspiring and chalknging us to deliver
eryices that exceed their needs and challenge them to be the best they can be_
Excellènee.. we encourage ourselves and each other to be the best we be through ¢ontinuous learning and
improvement and a fotsjs on fin(fing solutions.
Respect.. we act wilh honesty and integrity. celebrating diversty across Ihe whole organisation and caring about
each other, our youn9 peop5e and the Youih Zone environment.

WIRRAL YOUTH ZONE
TIA THE HIVE
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Arnbition.. we are passionate and driven in taking on new chaI￿nge$. embracang new ideas, and exceeding OUT
ambitions for young people, the Youth Zones and our kKal Commun￿11¢$.
Collaboratron.. we will create and nurture Strong. ueatNe partnetships. working togelher to achieve belter results
and tsutcomes for youn9 people.
To achieve our vision, we worked toward5 five Strateg￿ goals in 2023r24.'
Young people - To ensure thal our offer is rÈlevant and young people see The Hive as a destinats'on ol
choice and we engage as many yourbg peO￿e as possible
Finan¢ial sustainability - To be a sustainable organisalion which can maintain a stale-Df-the-art facilty
and a well-equipped high quality staff team
Embedded in thè community - To be an integrated and respected part oflhe fabrTrc of the Wirtal.
Pèople
To maintain a high calibre of staff and volunteèis Ihrough rtsbusl recwitment procedures and
continuous staff training
Goveman¢e- To ensure robvst govetnance and strict adheren￿ to pofiaes and procedures.
Achièv•ments and perfomiance
Our ye2r in nurnbers..
14,560 hour5 of unNersal youth work. through an eslimaled 5.000 actNitie$
34,000 visits by young people to our sessions
40.000 visits to The Hive when you ￿dUde the addillon￿ Ihou5ands of times young people used our
building with other community partners. schools. colkges. Wttal's youth émployment hub and parent and
ild gioups.
500 food Ènd essentials hampers delivered lo f8milies
10,000 free meals served up over the ¥￿nter months
1,600 holiday club places delivered for children as one of govemment's HolidayActivity and Food partriers
Support for 389 young people acmss sèven primary schools and three secondary schoo15 Ihrr)u9h our Bee
Amazing.. Lemon3d8 wellbeing prDgrÉmme. helping young people to build their resilience skills
100s of Christmas gifts disliibuled
41 volunteers and 21 youn9 leader5 CDnfr]bts-￿n9 3.280 volunteering hour5
37 mentors supporting 40 young pèople.
But what this means is so mu¢h mre.
"Since coming to The Hive, I've become more confident in myself. be myself morè. learned how to be a
DJ..-that confidence has raised me loads."
"I wasn't like the fittest or the most musically talented. but thavs changed since I started coming here."
"It's made a masslv¢ impact on my life."
Our universal offer
We have four unw8rsal sessions per week- lor our youn9er members aged 8-12, and two for DUI seniors aged
13 and over. At each session young people can buy a hot meal for £1 and a¢￿sS over 2CI activities. Our youth
workers work hard to make SU￿ that no two evenings are the sarne- with themes throughout the year to engage
young people thiough sports, arts. rnedia and dis1xJs￿ons.
On average. we have more than 150 young people each session which lasls for at leasl four hours, enabling the
young people to try all th& aCti￿(￿S on offer.

WIRRAL YOUTH ZONE
TIA THE HIVE
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
As well as fun, our sessions indude an element of leamin9 by stealth whether ihat's a fows on health and
wellbeing or teamwort( and communi(xtiOll, as well as skills needed for the fulure_ Our new focu5 on Saence,
Technology. Engineering and Maths activities {STEMI have proved lo be a real hit on Session. with both junior and
senior mernbers. We tailor the approad) to work for every age and il's been fantast￿ to see the fun young people
have had with 'farting' cars. DIY helicopter5, erupting volcanoes. robot hands or balloon parachutes, slime and DIY
hovercraft whilst learning about chemical reacaions. gravity and propulsion_
Science and the enviionment are also key messages behind OLEr environmentally friendly kit car. This year, the
project 15 giving teams ol juniors and seniors Ihe than￿ lo build and race their own car at tracks around the
country. 'Strawbery Dave, as the rar was named - went against 50 olher teams re￿ntlY and although we didn't
win laslesl car. Ihe team was awarded the coveled'spirit ol G￿enpOwer, award by race organisers the Greenpower
Trust.
'Discus5ion5 Wlth a brew. have proved a popular addition on our senior sessions each Friday, exploring issues such
as vaping, phone use, exploitation, coercive control. grooming. gang5 and violence, eating disorders and gambling,
as well as many discussions lo explo￿ equalty and diversity- A combinalion ol short films, exerases and choice
DVDS are used lo generate discussions.
We have worked hard to look at inL¥easing the number of young people altending sessions and joining as members
through an outreach programme lo local %hools and COTnmunity groups. This has halted a decline in numbers, but
we need lo continue to develop this approath.
Our approach to inclusion
Our speryfi¢ inclusion session. Hiveability. continues to be a massive highlight ol our offer. We have Iwo separate
inclusion sessions.. one for young people and their parents and siblings each Sunday, where on average 100 people
attend. This is supported by inclusion workers on our universal sessions. who can support young people with any
adaptation5 needed. We have over 30Yo ol ¢)ur members with addrtional needs who regularly attend all our
sessions. Iri re5ptsnse tts this demand, we also secured funding to run a senior Hiveability session for young people
aged 14 and over, whith focuses on preparation for Independen￿ and has proved partictjlarly popular.
Our specialist support
Our specialist mentoring prograrn￿e continued to match skilled volunteers with young people who are facing
specific challenge5 or want to achieve speafic goals. Thanks lo ihe programme, we saw a number ol young
mentee5 getting back to school and college after experienung hugety challenging times for their mental health. The
programme was there for thern when other support roules had faile(l Of meant long waits for specialisl help.
From volunteering opportunTlies for young people to Programmes whtch helped them gain qualthcalions,
connections, experience and a taste ol the working worfd. we supported many more young people to tool up for
their next steps over the year. Our woth induded team-ups with..
Get it Loud in Libraries- which brou9hl senior members together with Wirral libraries. inspiring facilitators
and music pathway partners in 8 week full of beat-boxing. song-writing. rapping and taking album worthy
5nap5. Young people finished the week with a GCSE-level 8ionze Arts Award to add to their CV, and re31-
world experience of what it's like to get started in the music industry.
NHS Cadets Our partnership continued wth Sl John Ambulan￿ and NHS Wtral Partrsership TIu5t to
deliver this programme, which combines practical skills for heallhcare careers with exposure to tlie huge
range of potential opportunities they open up.
Duke of Edinburgh Our programme
giving young people a different way to complete their award away
from the traditional school route and supporting young people who otherwise may not have the opportunity
to take art in the scheme
saw five young people gain their bronze awards. completing both a trial and
final expedition. putting in hours of volunteering and developing their skills. We ended the year with 17
young people signed up for the next ¥ound of the p¥ogramme.' 3 on bronze. 11 on silver and 3 on gold.
Our Bee Independent". The Lemonade progTatnme continued its work in our centre and out in schools
righl across Wirral, helping small groups ol pupils tts build their iesilienTr skills lo support better mental
heatth_ The proje¢t Covers everything froni healthy eating lo recognising emotions and managing them in
positive way, identfying what makes a good fnend and how we would behave il someone isn't so kind. and
how lo boost our self.esleem. In the last year the project worked with almost 400 young people
whom were put forward by their teachers or oyr youlh wotkers as children who might need to develop their
skills to deal with the challenges lrfe Ihrows at Ihem.

WIRRAL YOUTH ZONE
TIA THE HIVE
TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
'My son has èutism and honesty sftryg￿s all the time, but he Ironestly couldn't sfop falking about how much he
enjoy8d Ihis aclivily and how gre81 il was. Just wanted fo say thank you. because he was re8lly h8ppy." Parent.
Lemonade proj•¢t pupil
'Fmm the start the le8m have been 9￿&t wothng with our needed Cohort tst sturlènfs for their wellbeing. All
stiidenls have enjoyed Ihe session5 and tlpern has ljeen a I>uzz 8mund lh8 classroom with what they hav& leamlor
made.-
Inspiring Futurès Our sm-week programrTE ft)r young people who have disengaged from sd)ool. are too
anxious to go. or are at risk of being exduded ran throughout the year with over 30 young people taking
part. Such is the demand from schools that we've been SUPPQTbng young people every week with an
edu(xtional locus. visits to museums, industry and some funl We firhd out what inspires them and
Éncourage those young people to go back to school to get whal they need tr) reach their aspirations. The
impad is in¢￿[ble.. the most recent cohort saw a signfftant Increase in sch¢Jol attendance.
"Thank you for makjng th8 students, day so happy and positivel 7heyhav8 èll come back lo school so enlhusiasbG
ènd wilh huge smiles on Ih8irfaGes.'
Working wlth our community
Thanks to fvnding from Wrral C(MJncil, ovr parlnership LFC Foundation and the generosty of our ￿rpOrate
partners, we have been able to initiate a new campaign ol wèekly f￿1 ddiveries across the borough to those who
need bt most.
We have been able to prov¢de deliveries eath w&k tts at leasl 20 member5 ranging from individual families lo semi-
independent ¢are leaveis and people in supp(Mled accommodation.
At Christmas wg delivered 90 food hampers and fhen each receNed grfts for each oflheir thildren induthng a
pair ol pyjama5.
We continue to work in partnership with loral groups and organisations in providing the use of our facili(ie5 and
facililaling addilional support for children and young people in Wrral.
This has inGluded'.
A partnership with Progre55 Schools (or altematNe KS3 provision
Hosting Mcrseyside Cornmun¢ty Training to provide a youth eynploymertt hub Ihree times a wéek
Local schools and colleges using our facilities
LFC Foundation basing some of their fantastic programmes here. using The Hwe a5 a satellite hub on the
Wrral.
We have Increas￿ our footfall in Ihe building considerabty and will ¢xJntinue to look at how we maximise the use gf
our buildÈng * all times.
Fundraising statement
All of Wirral Youth Zone's fundraising activty is carried (xrt in line wtth Charity Commission guidelines and
relevant legislation.
There were no complaints made against the charily during the per￿.
The charity approves all requesls fw tundiaising by asses&ng whether it is in line with legislation and best
practice guidan￿. This indudes where and h¢)w the lunds are raised.
All fundraising actNities are structured and in Wrral Youth Zone's (x)ntrol. there is fundraising that is completed
by a third party.

WIRRAL YOUTH ZONE
TIA THE HIVE
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Flnancial review
The Truslees would like to thank all of our patron5, corporate supporters. community partners, Wirral Council and
the variou5 grant-lnaking bod￿ lor their continuèd support of The Hive Youth Zone this year. Ihfithout the support
of all of these key slakeholders. we WOU￿ not have been so succ£sstul.
Financial sustainability
We worked hard tts make sure we conlroifed (yjr expendtbjre whilst maximising incnme. with regular oversight from
the finartcè commrttee to ensure we navigated a difficult year. We made some changes thiou9h restructuring Ihe
team, whilst minimising Ihe impacl on oui services. We also looked at how we could raise more funding. working in
partnership with Onside to secuTe additional ￿sOUrCe to invest in our fundraI￿ng team and grow our income lo
meet our requirements. We have a new income generation stralegy whith wll ensu￿ continue to look al new
income slrearrs whilst c(￿￿"n￿ng to steward our existing partneis.
We reviewed 811 our contracts and uJmF4eted a best value exerose to ensure we were spending our funds wisely,
including bringing some contfacts in house.
Goin9 concern
The Financial Statements are prepared on a goin9 fA)nc£m basis.
At the time of approving the accounts. ihe trustees have a reasonable expectation that the chwity has adequate
[esour￿S lo (x)ntinue in operational existence for the f￿eseeable future. Thus. the Iruslees fA>ntinue to adopt th8
going concem basis of aGGounting in preparing the accounts.
The charsty shows a suiplus at opèrational level (before depreoation of the restriGled asset) for 202>24 and has a
slrong budget for 2024-25 showing an expected operational surplus of £3k and the budget figures ft>r 2025-26 to
the end of September lone year from the date of sKJning the accounts} shows an expected operab"on31 surplus of @
£4k {£8k for the full yew).
The charity has new management and a finan(ial team. which are working on improving the financi81
information to aid decision making in the tharity. The finanaal situation is supervised overall by ihe Finance
Committee. reviewing acwunts regularty arKJ discussing with ihe selli￿ leam.
After careful analysis (rf the Charity's income. expenditure, unfestrided reserves, and foTecasts the Trustees are
confhlent in thè Charity's ability to continue as a going concern. The Trustees do not have any material un￿rtaInlieS
about the Charity's ability to coniinue as a going concem for a timescale ot at least 12 months frotn the date of
signing of the Truslees, Report
Resètves policy
The Board of Truslees ha5 established a reseNes policy which appropriatety reflects the risks to which the charity is
exposed. In compliance with such policy, it will ￿VieW regulady bolh the sum it wishes to hold in reserves in the
unrestiicled budget and the basis for that figuie. The iesetves poliry considers ongoing fixed costs bul excludes
variable costs and any expenditure whith is linked to ￿Stric{ed projects and therefore covered by restricteij funds.
In rewewing the potential costs that could arise should a wgnificant reduction in inccime be incvrred, Ihe Trustees
have detern)ined that unrestricted. 'free'. reserves should be Maintair￿ at approximalely 3-8 months of these day-
to-day running costs. The TrusleÈs agree that the purpose of the unrestricted fund5 ts to support all day-to-day
activities necessary at Wrral Youlh Zone to support the universal youth provision. due consideration has been given
lo Ihese aGtivilies in the annual review of the resetve5 poliLy. As mentioned, the re52rve5 polw considers ongoing
fixed costs and excludes variablè costs and other one-ofl addilionavdiscretionary ilems, during the peritsd. &6
months of fixed costs are delerrnined as £339,549- £679.098.
The Trustees Inanage the tharivs finances so that an adequate level of reserves maintained in compliance
with the reserves policy.. on 31 March 2024 thi5 was £407.984 thi5 amounts lo 3.6 month5. ￿ver.

WIRRAL YOUTH ZONE
TIA THE HIVE
TRUSTEES, REPORT {INCLUDING DIRECTORS, REPORTI {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Rèvlèw of risks
Wirral Youth Zone accepts deg￿$ of risk lo attueve better ￿t￿Me$ for more children and young people. We
cognise thal our risk appetite wll vary, and all our deasions wll be based on the opportunity. completion of
appropriate due diligence and a review of Ihe identifEd risks.
To be successful The Hive must rernain a robust and finanaalEy sustainable organisation with suffiaenl capacity lo
support our members and run our core offer and farAIty and therefore our cnre risks musl be managed.
We also know that our reputal.on Is param(HJnt lo rx)mplete our work and will address situations and take 8ctions
where our reputation is al risk from unacceptaNe behaviors or vayues by our stsff or volunteers.
We have a low to cautious tolerance for rlsk apart from our work wlth young p•opl• when w• hav• no
appetite for risk in terms ofpmtecting them from harni.
The Trustees have developed a risk register which ouyines the major stralegio twsiness and operational risks
whid) thè chaiity faTrs and confirm Ihal systems have been established lo enable reports lo be produced so that
the necessary steps can be taken to miligale the risks_ The risks are reviewed quarterty by the CEO and any
changes or new risks are reported to IhÈ board.
At this stsge the priniipal tisks arè..
Financial
ot being able lo athiev¢ incoTne targets ot controlling expervjiture leading to ￿ductIon in
reserves and cash flow i55ues
We do not support adèquate numbers of YOLW people in our sess>ons, or through the lack of community
and partnership an9agement in Ouf work
We do not SUffi￿ent￿ ¢3plure the IMp￿t of o¥Ji woth lo repNt to funders and we are nol able to inuease
the profile of our work
Safeguarding. accidents or inudents whith would lead to reputational damage
A major building inadent.
Pla￿ for future periods
The board and new CEO. along ￿th input from young people. staff and 5takehokJers developeil a new three-year
strategy which wll be finalised during th8 summer of 2024.
Staying true to the OnSKle ONA, a key element will be focusing on OUT universal sessions with the aim of working
with 3,0￿ young people through 1.fA)O altendances perweek.
Strategic aim. To be 8 safe, high quality unNersal provision whid) is led by young people.. inspiralional and
responsive to their changing nèeds, and to those ofWThal's communittres.
Our goals are..
1.The Hive Youth Zone is safe and accessible lo all. 7 days a week.
have at leasl 28CTrD members.
be supporting al least 800 young people each week
tts run an additional session
to have developed rnore actiMbes utilising our gym. boxing and performing arts area
2_ The Hive Youth Zone is at the heart ol the community. wilh high levels of engagement and attendance Ihrough
high-qualily youth work and events.
3. The Wirnal communtty feels a serise of ownership of The Hive. supporting our Gharity and our vision for young
people.
4. Our offer is refined, agile and continuousty improving to engage and support our young members
5. We will capture the imp8ci of our work and grow our repulalion as a charity which makes a positive. long-lem)
difference.

WIRRAL YOUTH ZONE
TIA THE HIVE
TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Strategic aim
We will strengthen The Hive Youth Zone by Investing in our staff and facli ities. growing our in(X)me generation
through nw)re diverse income streams and by improving wemance - includiThJ representation of young people's
voices.
Our goa15 are..
1. Young people are at the heart ol our degsion making and have a k)ud and clear voice at all levels.
2. Our approach to governance, quality assuran￿ and compliar￿e is conb"nuousty improving
3. We ale an employer of choice. aitradyng and retaining an outstanding teatn of staff and volunteers
4. The Hive has greater financial stabilty through new opportunthes and the growih of our sUPPOrter netwtyk
5. We ale f1nancially responsitAe whilst continwng lo invest in our state-ol-lhe-art building
6. We will have a reputab.on as a tharity creating a W￿ltiVe. lon*tem impacL
Structure, govèmance and management
The Charity is a c£)mpany limited by guarantee and is governed by ils memoiandum and Artides of Assoryabon
dated 18 September 2014. 11 is a thatrty registered wilh the Charity Commission on 18 August 2015.
In the event of the company windinTrup. the members have guaranteed the Iiabiltttes of the company to th8 sum nol
exceeding £10 each.
The trustees. who are also the diiedots for the purpose of company law. and vJho seNed during the year and up lo
the dale ol signature of the finanaal statemenls were-.
Mr C A C Hurst (Chair)
Mr J H Schofield
Mr P J 8ibby
Mrs K E Eugeni
Mr P J C Garrigan
MrMLNo
Mi J Syvret CBE
Mrs H C Kanakides
Mrs S Weir
(Appointed 9 May 20231
(Appointed 9 May 20231
Recruitment and appointment of trustees
Those persons notrfied to the Registrai of Companies as the first d1￿CtOrS of the charity are the fiTsI Iruslees. The
Trustees have power lo appoint any peison to be a truslee. The members may remove or appoint trustees by
passing 8 Speual Resolution and il there is a conflid befvleen the members and the trustees, the members decision
The number of members should nol be less than three and Ihere is no maximum. At the first Annual General
Meeting all directors rÈlired and soughl re-election. At each subsequent annual general meeting one third of the
directors are required lo retire by rotation and seek re-appointsnent rf IhEy wish to Eontinue.
The members are the subscribets to the Memorandum and sud) persons as are approved by the members to
become new members.

WIRRAL YOUTH ZONE
TIA THE HIVE
TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORTI (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Organisational stwclure
rral Youth Zone is governed by its Trustee Board whith is responsible for seting the strategic direction of the
organisation and the poliw of the charity- The Trustees carry Ihe ultimale responsibility for the conduct of Wirral
Youth Zone and for ensuring that the charity satisfies rt5 legal and contractual obligalons. The board is required to
indude a Chair and Vice Chair. Trustees are elected for a temi ol up to three years but may be ie-elected. In
addition to the annual general meeting, the board meets four times a year and can also form sub committees to
provide an additional level ol scrutiny. Currently we have two sub committees. The Finance Committee which
meets quarterly and our newly formed strategy development sub group to start work on the straiegy for the next
three years. Each committee reports to the hjll board on their adivities and any concems.
Decisions are detemiined by a sirnpte rnajotrty ol votes. in the case of an equality of votes the Chair of the meeting
ha5 the casling vote.
Remuneration policy
The rernuneration committee makes recommendations to the board on an annual basis regarding salaries paid,
increase5 and employer benefits. In Order lo reath a recommendalion. the ￿M￿neratIOn committee Iwhi¢h is made
up of representatives trom the board of directors and the CEO) use the wider youth zone network arKI similar third
sector organisations as a benchmark.
Auditor
In accordance with the cornpanrfs artides. a resolution propo&ng that Xeinad¢n Avdit Limited be reappointed as
auditor ol the company wll be put at a General Meeting.
Public benefit
ASI the activities of Ihe charity {as symmari5ed above) were undertaken to lurther its d)aritable purposes for public
benefil. The provision of a high-quality youlh zone for young people respond5 to a clear, ongoing demand frorn
young people. parents ar￿ the wder community fof more and betler pla￿5 for young peopte to go.
The youth zone tsffers universalty accessible activilies to young people aged 8-19 lup to 25 wilh a disability)
regardless of ia¢e, sexual orienlalion. disability, gender
we focus on atlendance and partiapalion by loung
members of surro￿NdIng communilies who ale able lo enjoy affordable access to all tli e opportunities that the youth
zone provides.
The Trustees ol Wirral Youth Zone have complied with the duty in section 17 of the Charities Ael 2011 to have due
regard to the public beneffit guidance published by the Charaty Commission.
Disclosure of inforniation to auditor
Each ol the trustees has confirmed that there is no information of which they are aware wht¢h is relevant to the
audit, bul ol which the auditor is unaware. They have fvrther confirmed that they have taken appropriate steps to
identify such ￿levant informab.on and to ests￿l$h that the audilot is aware of such infomiation.
The trustees, report was approved by Ihe Board ofTru$tees.
MrCA
rst Ichair)
Trustee
Date..

WIRRAL YOUTH ZONE
TIA THE HIVE
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
The tru5t8es, who are also the dwectots of Wrral Youth zor￿ for the purpose of ¢ornpany law. are responsible for
preparing the Trustees, Report and the finanual ststements in acc(Kdance wth applicable law and United Kingdom
Accounting Standards Iunited lingdom GeneraItyAc￿pted Accounting Practice).
Company Law requi￿$ the trustees to prepare financgal slalefferhts for eath financial year which g￿e a true and fair
view of the stale of aflairs of thè charity and of Ihe incoming resources and application of resources, including Ihe
income and expendiiure, of Ihe Charitab￿ o)mpany for th3t yèar.
In preparing these finanaal slatements. the trusiees are iequired to=
- seled suitable accounting policies arKI th￿ appty them consislenty..
- observe the methods and prin¢ipks in the Charibes SORP..
- make judgements and eslirnates that are reasonable and prudenL and
prepare the financial statements on the going ￿)r1¢eM ba&s unless tt is inappropriate lo presume Ihal the charity
will conlinue in operation.
The trustees are responsible for keepiTrJ adequate accounting records that disdose with reasorbable accuracy al
any time thè finanaal posiEion of the chartty and enable Ihem to ensure that the finanrAal statèmenls compty with the
Companies Act 2006. They are also responsitAe for safeguarding the assets of the charity and hen￿ for taking
reasorhable steps for the PreVen￿n and dètèctron of fraud and other iriegul81ibes.

WIRRAL YOUTH ZONE
TIA THE HIVE
INDEPENDENT AUDrroR'S REPORT
TO THE MEMBERS OF WIRRAL YOUTH ZONE
Opinion
We have audited the financial slalernents of Wrral Youth Zon¢ (the 'tharityJ ar￿ ifs subsidiary for the year ended
31 March 2C124 which rx)mpri5e consolidaled s12tement of finanoal &tMbes, the Cons0￿￿ated and charity balance
sheet and the noles to the finanaal statements. induding summary ol significant aco)unting policies The financial
reporting framework that has been applied in their preparation is a￿l¢able law and United Kingdom Accounting
Standards, induding Finanaal Reporting Slandard 102 The Financial Reporting Slandard appliGable in the UK and
RepiibliG oflreland (United ￿tyj￿0M GenerallyAr£eptedAc¢ounting PraGtice}.
In our opinion, the financial statements".
give a true and fair view of the state of the group and charitable company's affairs as at 31 March 2024 and of
ils incoming resour¢es arKI application of reSoUr￿s, induding its income and expenditure, for the year then
ended..
have been properly prepared in accordance with Unrted Kingdom Generalty A￿epted Accourhling Prad1￿..
and
have been prepared in accordance wth Ihe reqU1￿MentS of the CompaniesAct 20[￿.
Basis for opinion
We conducted our audit in accordance wth Inlemational Standards on Auditing IUK) {ISA5 (UK)) and applicable
law. Our responsibiltties under Ihose standards are further described in Ihe Auditorfs TrspOnSi￿li￿es for Ihe audit of
the financial slat8m8nts sÈction of our report. We are nidependenl of the tharity in acwrdance wilh the ethical
requirements that are relevant to our audrt of the finanual statements in the UK. induding the FRC'S Ethical
Standard. and we have fulfilled our other ethKal responsith"lth"es in accordance wilh these requirements. We believe
Ihat the audit eviden￿ we have obtained is suffiuent and appropriate to prowde a basis for our opinicn.
Concluslons relating to going ¢on¢ern
In auditing the finan￿31 statements, we have conduded that the trustees, use of the going ¢x>n¢em basis of
accounting in Ihe preparation of the financjal statements is appropriate.
Based on the work we have perfornied. we have not idenlified any materral uncertainties relating to events or
conditions that, individually or collectively, may cast sygnificant doubt on the charty's ability lo continue as a going
eoncem for a period of al least Iwdve monlhs from when the ffinanaal statements are aLrthorised for issue.
Our responsibilitses and the respK)nsibilthes of the truslees ￿th respect to goiryJ 0)n￿rn are described in the
relevant sections of Ihis report.
Other infomation
The other information comprises the information induded in the anrhual report other than the finanaal statements
nd our auditovs report thereort. The truslees are responsib le for the other inftsm)ation contained within the annual
port. Our opinion on thè financial st8tements does not cover the other inlom)ation at)d, except to the extent
otherwise explicitly stated in our report, we (lo not express any fom ol assuiance conclusion thereon. Our
responsibility is to read the other infomalson and. in doing SD. cA>nsider whether the other informalion is materially
inconsistent with the finanual statements or our knowledge obtained in the couise of the audit, or otherwise appears
to b8 materially misstated. If we identify such material inconsistencies o¥ apparent material misstatements, we are
required to detemiine whether this gives rise to a rllaterial misstatement in the financial statemenls themselves. If,
based on the work we have performed. we condude Ihal there is a maiertal misstatement of this other information,
we are required to report that fact.
We have nulhing lo ieport in thi5 regai¢J.
Opinions on other matters proscribed by the Companies A¢1 2006
In our opinion, based on the work undertaken in the COUT5e of our audit-
the informalion given in the tiustees. repori for the finanaa] year for which the financial statements are
prepared. which indudes the d1￿ctorS. report prepared for the purposes of Gompany law. is conslstenl with the
financial statèments", and
the directors, report induded within the tru5tees' rèport has been p￿pared in a(Lordance with applicable legal
requirements.

WIRRAL YOUTH ZONE
TIA THE HIVE
INDEPENDENT AUDJTOR'S REPORT {CONTINUED)
TO THE MEMBERS OF WIRRAL YoirfH ZONE
Matters on which we are r8quired to report by exception
In the light of the knowledge and Ur￿erstanding of the charrty and environmErt oblained in the ¢ourse of the
audit, we have not identifiéd material misstatements in the diredors. report induded within the Iru5tees' ￿pOrt.
We have noihing to repKJrt in respera of the foll(￿"n9 matters in relation to which the Companies Act 2006 iequires
Us lo ieport to you if, in our opnion..
adeqvale accA>unb"ng records have not been kept. or retums adequate for our audil have not been received
from branches not visited by us.. or
the financial slalements are not in agreement with the accounting records and returns,. or
rtain disclosures of truslees. rernunerab"￿ spectfied by law are not made.. or
we have nol r￿1Ved all the inforrnation arKI explanations we require lor our aUd￿t.. or
the trustees were not entitled to prepare the finarbCi31 statements in accordan￿ with the small CoMpan￿S
regime and take advantage of the small COTnpanies' exemptions in preparing the trustees. report and from the
requ7￿ment ID prepare a strategic repoTL
Responsibilities of trustees
As explained more fulty in the statemenl of Irustees. re5ponsibililies. the Irustees, who t￿ alsts the directors of the
d)arity for the purpose of company law. are responsible for the p￿paratIOn of Ihe financial statements and for being
satisfied that they give a true and lair view. and for suth intemal control as Ihe trustee5 determine 15 necessary lo
enable the preparation Cpf finanaal statements that are freè from material misstatement. whether due io fraud QT
error.
In preparing the ffinancial statements. the ttU51Ees are ￿spOnsIble for assessing the group and Charit￿s ability lo
continue as a going Con￿￿, disd051￿, as applicablè, matters related to going conwn and using the going
concern basis of accounting unless the Irustee5 either Kntènd to IiquKlate the d)aritable company or to cease
operations, or have no realistic allemative tNJt lo do so.
Auditorfs responsibilities for the audit of the financial statements
Our Objectives are to obtain ￿asonable assuiance aboLrt whetheT the finanoal slatements as a whole are free from
material misstatetllenl, whether due to fraud or error. and to issue an audilof s repDrt that indudes our opinion.
Reasonable assurance is a high level of assuran￿ but is not 2 guarantee thal an audit conducted in accordance
with ISAS IUKI will always detsct a material mtsstaternent when it exists_ Miss181ements can arise from fraud or
err￿ and are considered material rf, individually or tn Ihe aggregate. Ihey could reasonably be expeded lo influence
the economic decisions of L￿e(S taken on Ihe basis of these ffnanryal stalemenls.
The extent to which our procedures are capaNe of dete(Xing irregularities. induding fraud. is detailed below.
Extent to which the audit was considered capable of dètecting irregularities. including fraud
our approach to identifying and assessing the risks of material misstatement in reSp￿t of irregukrities, induding
fiaud and ngn-conipliance wtth law5 and regulations. was as follows".
the engagement partner ensured that Ihe engagement team colleclively had the appropriate competence,
capabilities and skills to identify or recognise norKompliance with applicable laws and regulations,.
we identif￿d the laws and regL￿ationS applicable to the group through diScAJss￿nS with Iruslees and other
rnanagernènt, and from our knowledge and experience ol thaiity secEor
we focused on specific laws and regulations whi(* we considtrted may have a direct material eflecl on the
financial Statements or the operations of the gioup, including the Companies Act 2006, Charitie5 Aci 2011.
data protedion, antkbribery, employmenl, food hygiene and heallh and safety legislation-
we assessed the extent ol compliance with the laws and regulations identified above through making
enquiries of rnanagernent team and inspeding legal correspondence,. and identified laws and regulations
were communicated within the audit team regularly at)d the leam remained alert to instan￿$ ol non-
conipli8rice througholrt the audit.

WIRRAL YOUTH ZONE
TIA THE HIVE
INDEPENDENT AUDITOR'S REPORT {CONTINUED)
TO THE MEMBERS OF WIRRAL YOUTH ZONE
We asse55ed the suscepb"bility of (he group's finanoaj slatements to material misslatement. induding obtaining an
understanding of htsw fraud might occur, by..
making enquiries of management team as to where they c¥*nsidered there wa5 SUSC£Ptibiltty to fraud, their
knowledge of actual, suspected and alleged fraud. and
consideiing the internal controls in Pla￿ lo mitigate risks of fraud 8nd non-complian￿ with 18ws and
regulations.
To address the risk of fraud through management bias and override of controls, we=
performed analytical procedures to identify any unusual or unexpected ￿latiOnshipS..
tested journal entrie5 to identify unusual transactions.,
assessed whether judgements and assumpts￿5 made in delermining the accounting estimates weie
indicative ol potential bias.. and
investigated the ralionale behind significant or unusual transathons.
In response to the risk of irregularities and no1￿A)mplianCe wrth laws and regulations, we designed pro￿dureS
whi¢h included, but were not limited to..
agreeing financial ststernent disclosure5 to underlying sUPPOrting documentation",
enquiring of management as to actual and potential litigation and daims-, and
reviewing correspondence with HMRC and relevant regulators.
There a￿ inherent limitabons in OUT audit procedures described al)ove. The more removed that laws and
regulations are from financial transactions. the less likely it is that we would become aware of non£omplian¢e.
Auditing standards also limit the audit procedu￿$ required lo identify nortr-compliance wsth laws and regulations to
enquiry of the dI￿lor& and otheT management and the inspection of regulatory and legal ￿rrespOndencE, rf any.
Material mi5Statements that arise due to fraud can be hardei to detect than those that arise from error as they may
involve deliberate concealtHent or collusion.
A further description of our responsibilities is available on the Financial Reporting Councifs website at." https"./l
www.frc.org.uklauditorsrespon&bilities. This description forms part of OUT auditorfs reptsrt.
Use of our report
This report is made solely to the charitable companrfs members. as 8 body. in accordance w5th Chapter 3 of Part 16
ol the Companies Act 2006. Our audit work has been undertaken so that we tnight state to the charitable company's
members those matters we are required to stale to them in an audrtorfs report and for no other purpose. To the
fullest extent permitted by law, we do not ac£ept or Èssume responsibility to anyone other than the charitable
cornpany and the charitable Company's member5 a5 a body, for our audit work, for this report. or tor the opinions we
have lomied.
Helèn Furlong FCCA ISÈnior Statutory Auditor)
for and on behalf of Xeinadin Audit Limited
Chartered Accountants
Statutory Auditor
46 Hamilton Square
Birkenhead
Wirral
MerseysKle
CH41 SAR
13-

WIRRAL YOUTH ZONE
TIA THE HIVE
CONSOLIDATED STATEMENT OF FINANCIAL ACTMTIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 IVARCH 2024
Unrestricted Restricted
nds
funds
2024
2024
Totsl Unrestri¢ted Restrlcted
funds
funds
2023
2023
Total
2024
2023
Notes
Income and endowments from:
Donations and legacies
Charitable adivilies
other trading activities
Other income
930.7QK)
163.1
4.768
42.689
314.167
1.244.867
163.190
4,768
42.689
951,284
177.041
126,927
39.189
327,591
1,278.875
177.041
126,927
39.189
Total ineome
1.141.347
314.167 1.455.514
1.294.441
327,591
1.622,032
Expenditure on..
Raising funds
Charitable activibes
120.511
994.926
120,511
415.511 1.410,437
99,222
1.095.548
99,222
442.878 1.538,426
Total oxpenditure
1,115.437
415.511
1.530,948
1.194,770
442.878
1.637,648
Net incomellexpendlturè) and
movement in funds
25,910
1101.344)
175,4341
99.671
1115.28n
115.6161
Reconciliation of funds-
Fund balances at 1 April 2023
382.074 4.699.549 5,081.623
282,403 4.814,836 5,097.239
Fund bala4ces at 31 Ma￿h
2024
407.984 4.598.205 5.006.189
2,074 4.699.549 5,081.623
The slalemenl of finan¢ial 8¢tivities indudes all gains and losses recognised in the year. AJI in￿)Me and expendilu¥e
derive from continuing activities.
Th8 notes on pages 19 to 33 fom part ofthese ffinan¢iJ Stalements.
14_

WIRRAL YOUTH ZONE
TIA THE HIVE
CONSOLIDATED BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assels
14
4.564.181
4,680.836
Current assets
Stocks
Debtors
Cash at bank and in hand
15
16
2.5(
141.742
533.216
2,759
72.399
557,642
6T1.464
632,800
Creditors.. amounis falling due within
one year
17
P35.456)
1232.0131
Net current assets
442.008
400.787
Total assets less current liabilities
5,0(￿,189
5.081.623
Net assets
5.OC6.189
5.081.623
The funds of the charity
Restricted inccime funds
Unie5trirted funds
20
4.598,205
407.984
4.699,549
382,074
s,0(￿.189
5,081,623
The notes on pages 19 to 33 form part of Ihesè finanaal statements.
The financial statements w8re approved by the trustees on .
Mr C A C Hurst Ichair)
Trustee
Company registration number 09267940 (England and Wales)
15-

WIRRAL YOUTH ZONE
TIA THE HIVE
CHARITY BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assets
Investments
14
4.564,181
4,680.836
4,564.183
4,680.838
Current asset5
Debtors
Cash at bank and in hand
16
147,555
524,173
69,432
556,085
671.728
625.517
Creditors- amounts falling due within
one year
17
(229,2491
1224,2591
Net current assets
442.478
401.258
Total assets less current liabilities
5,006.661
5,082,096
Net assets
5.006.661
5.082,096
The funds of the charity
Restricted income funds
Unrestricted funds
20
21
4.598.2
408,455
4,699,549
382.547
s.oc￿,661
5,082.096
The notes on pages 19 10 33 forni part of Ihese finanual stalements.
The fina
al statemenis were approved by the Irustees on
Mr C A C Hbrsl ICh8ir)
Trustee
Company regislralion number 09267940 (England and Wales)
16-

WIRRAL YOUTH ZONE
TIA THE HIVE
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Cash flows from operating activities
Cash labsorbed by}Igenerated from
operations
24
(22,4681
119.943
Net cash used In Investlng activitles
Ngt cash usèd in financlng actlvitles
Net Idecreaseyincrease In cash and cash
equ5valents
(22,4681
119.943
Cash and cash equivalents at beginning of year
555.684
435.741
Cash 2nd cash equivalent8 at end of year
533.216
555.684
Rglating to:
Cash al bank and in hand
Bank overdrafts included in ueditors payable
within one ye
533.216
557.642
{1.958}
The notes on pages 19 to 33 fomi part of Ihe5e fin8naal statements.
17

WIRRAL YOUTH ZONE
TIA THE HIVE
CHARITY STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Cash flows from operating activitles
Cash lab50rbed by}Igeneraled from
oper81ions
25
{31,9131
130,8
Net cash in investing aetivlties
Net cash used in financing activities
Net l(Jecreasellincrtase in cash and cash
equivalents
131.913}
130,863
Cash and Cash equivalents al beginning of year
556.086
425,223
Cash and eash equivalents at end of year
524.173
556,086
The notes on page5 19 10 33 form part oflhese financial sialements.
18-

WIRRAL YOUTH ZONE
TIA THE HIVE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Charity information
Wirral Youth Zone is a private company limited by guarantee incotporated in England and Wales. The
rggistered office is Wirral Youlh Zone. Bright Street, Birkenhead, Wirral, Merseyside. CH414EA.
1.1 Accounting convention
The financial slalements have been wepared in accordan￿ wilh the charity$ tgovtrmin9 d¢)cumentl, the
Companies Act 2(X)6. FRS 102 The Finanoal Repor￿'n9 StandaTd applicablo in the UK and Republic ol
Ireland" fFRS 102.1 and the Charities SORP "Accounting and Reporting by Charities.. Slatement ol
Recommended Practice applicable to charities Preparing their accounts in accordance with the Financial
Reportuig stsr￿ard appI￿able in the UK and Republic of Iretand {FRS 1021. {effecbve 1 January 20191. The
charity IS 8 Public Benefft Entily as defined by FRS 102.
The financial ststemenis are prepared in stÈrfing. which is the functional Curren￿ c)f the charity. Munetary
amounts in these financial staternents arè rounded to the nearest £.
The fina)cial statements have been prepared under ihe historical ￿￿Vents"On. The prinupal accounting
policies adopted are set out bek)w.
1.2 Going concem
At the time of appioving the accounts, the trustees have a reasonable expectation that Ihe charity has
adequate Te50urces to continue in operalional existence fot the foie5eeable future_ Thus. the Iruslees
continue to adopt thé going concem baws of accounting in PTeparing Ihe accounts.
The charity shows a suiplus al operational level (before depre(xation of the restrKted assell foi 2023-24 and
has a strong budget for 2024-25 sh(wing an expected opeiational surpkns Cpf £3k and the budget figures for
2025-26 to the end of September lone yeat from the date of signing the attountsl shows an expeded
operational surplus of
£4k {£8k forthe lull yearl.
The chaTlty has new management and a new finan(ial team. which aTe working on improving the financial
infomabon to aid decisK)n making in the tharity. The finanaal situab.on is supeNised overall by the Finance
Committee. reviewing accourts regulady and discussing with the senior team.
After caieful analysis of the Charity's income, expendilure. unrestricled iesetves, and fo￿(￿$[$ the Trustees
are confident in the Charity's ability to continue as a going conr£rn. The Trustees do not have any material
uncertainties about the Charity's abilrty lo continue as a going concem for a timescak of at least 12 months
from the date of signing of thé Tnjstees, Rep)rt
1.3 Charitable fvnds
Unrestricted funds are available for use 81 the discretion of the trusEees in furtheran￿ of their charitable
objectives.
Resillcted funds a￿ subject to sp￿ifiC condrtioDs by donors or grantors as to how Ihey may be used. The
purposes and uses olthe restricted funds are sel out in the notes lo the ffinatKi81 st3tementS.
Endowment funds are subject to specafic conditions by dor￿ts that the capital must be maintained by the
charity.
1.4 Income
Income is recognised when the charity is I￿ally enh.tled lo il after any perforrnance ¢ondition5 have been met,
the amounts ¢an be measured reliably. and rt is probable ihal ino)me will be received.
19-

WIRRAL YOUTH ZONE
TIA THE HIVE
NOTES TO THE FINANCIAL STATEMEKfs (CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Continuedl
Cash donations 8Te recognised on r￿p1. Other donations are recognised once the charity ha5 bèèn notified
ol the donation. unless performan￿ condiliMs require deferral of the amount. Income lax recoverable in
relalion to donations received under Gift Aid orikeds of co¥enanl is recognised at the tim¢ ol the dtsna￿n.
Legaaes are recognised on receipt or oiher4¥ise if the tharity has been notified of an impending distribution.
the amount is known. and re￿Ipt is expecled. 11 the amount is not known. the legacy is treated as a
contingent asset.
Local government gtanls ate recognised on receipt.
Income from trading adNilies, includes incornè frtrm trading activi￿eS lo raise fvnds for the tharity- In¢ome is
iecognised when eamed and the thaTity is entitled to the receipl.
1.$ Expenditure
Expenditure is recognised onr* therè is a lega] w constru¢ai¥e obligation lo trdnsfer economic benefit to
third party, it is probable that a transfer of e¢onomic benefits wll be required in settlement. 8nd the amount of
the obligation can be measured relia14y.
Expenditure is clas&fied by adNity. The costs of eath 8cbvity are made up of the lotsl of direct costs and
sharèd costs, induding support costs involved in undertaking eath activity. Dired CCTrSts attributable to a single
activity are allocated direclly to that actNity. Shared costs whith contribute to n)ore than one activity and
support costs whiEh are not attributable to a single actiW arè apportioned beiween those activities on a basis
cons15tent with the use of reSoUr￿s. Central staff GOSts are alk>¢aled on the basis of time spent, and
deprerialiorb charges are allocated on the portion ol the assel's use.
Raising funds tndudes all expenditure incurreil by Ihe tharrty to raise funds for its chariiable purposes and
inc￿deS costs of all fundiaising actIvi￿e5. events and norKhatitable acltvities.
SupFxJrt costs are those that that assist the WO￿ of the chaiity but are not diredly attributable to the chariiable
activities. Support cosls include office cosls, adminislrative payrotl costs and govemance cost$ which support
the charily's activitEs. W)ere the support costs ￿nn0t be 8tlributable lo a direct actiwly Ih¢y have beon
allocated to the costs of raising funds and chartlable actwibes on a pro-rata basis.
Govemance cnsts represenl r£)Sts assoriated with mÈÈting the conslituti(x)al and statutory requirements ol
the charity and include the audiE fees and costs linked to the strategic management of the charity.
1.6 Tangible fixed assèts
Tangible fixed assets are initially measured at cost and subwuentty rneasureil 8t ¢osl or valuab"tsn. net ol
depreoalion and any tmpaiment losses.
Depreclatlon is recognised so as to write off the cost or v￿￿atiOn of assets ￿5$ their residual values over their
Useful lives on the followtng ba5e5-
Leasehold land and ￿1]ding3
Plant and equipment
Fixtures and fiitings
Computers
2¥0 Straight line
33Yo Straight line
25Yo reduTrng balance
33¥v siraight line
The gain or loss ari￿ng on Ihe disposal of an assel is delermtned as the drfferen￿ be￿e￿n the sale proceeds
and the Eairying value of the assel. and is recognised in the 5taternent of financial actsvilies_
-20-

WIRRAL YOUTH ZONE
TIA THE HIVE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 hlARCH 2024
Accounting policies
(Continued)
1.7 Impaim)•nt ol fixad ass•ts
At each reporting end date, the charity reV￿w$ th8 CArrying amounts of its tangible assets to deterrnine
whether there is any rndtcation that those assets have suffered an imp8irmenl 10$5. If any such Indication
exists: the rewverable amount ol the asset is esb"mated in order to determine the extent of Iho impairment
loss lif any).
1.8 Stocks
StoGks are staled at the lower of cost ènd estimated sdling pri￿ lèss cDsts lo complete and sell. C05t
rx)mpri5es direct materials and, vA)ere applicab￿, direci ￿bOur costs and those overt)eads that have been
incurred in bringing the stc*ks to their present locatH)n and condition. Ilems held for distribution al no or
nominal consideratH?n are measured the lower of ￿P1￿ment cost and cost.
Net iealisable value 15 the estimated selling piice tess all estimated costs of coMplet￿n and cosls to be
incurred in marketing. selling 2nd distritxJtK)n.
1.9 Cash and cash equlvalents
Cash and cash eqvivalenls include ￿5h in hand. deposits held 31 ¢all with banks, other short-lem liquid
investments with original maturities ol three months or le55. and bank overdiafts. Bank overdrafts are shown
within borwngs in current liabilities.
1.10 Flnanclal instruments
The charity has elected to 8pply the provisiDn5 of Sedion 11 'Basic FinarKial Instruments. and Section 12
'Other Finanaal Inslruments15sues' of FRS 102 to all ol Its finanaal instruments.
Financial instruments are ￿Co9n1sed in the charilys balan￿ sheet when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset. with the nel amounts pre5wled in the fina￿al statements. when
there is a legally enforceable Tight lo sel off the iecognised amounts and ther8 3n intention to séttle on a nèt
basis or to reali5e the asset aThJ settle the liabilty simultanÈ￿8ly.
Basic financialassets
Basic financial assets. whith indude debtors and cash and bank balawes. are initially measured at
Iransaction pricè including transaction costs and are subsequently carried at amortised cost using the effective
inteiesl method unless the arrangement conslitules a finanryng transaciion. where the transaction is
mea5uied al the present vslue of the fijlure receipts discounted at a market rate of interest. Finanaal asse15
classified as ￿Ceivable within one year are not ￿n0￿"sed.
Basic financial liabilities
Basic finanoal liabilities, including creditors and bank loans are initially recogni5ed at tl8ns8CtiorTr price unl8ss
the arrangement constitutes a financin9 transaciion. Whe￿ the debt instrument is measured at the p￿Sent
value of the ftrture payments disrDunted at a market rate of interest. Finanual liabilibes dassrfied as payable
within one year are not amorknsed_
Debt instruments are subsequentty carried al amortised cost. using the effectNe interest rale method.
Tiade C￿rt0￿$ a￿ obligations to pay for goods or services thal have been acquired in thÈ ordinary course of
operations suppliers. Amoltnts Payab￿ are classified as current liatslibes if payment 18 due within one
yèar or less. If not. they are presented as nonvcurrenl liabilities. Trade creditors are re￿gnISed initially at
transaction price and subsequenlly niea5ured al amortised c05t U￿￿9 the efiective interest method.
Derecognition olfinancialliabfflities
Financial li8bilities are derecognised when the thawivs contractual obligab.ons expire 01 are discharged or
cancelled.
21

WIRRAL YOUTH ZONE
TIA THE HIVE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JWARCH 2024
A¢¢ounting policies
(Continuedl
1.11 Employee benefits
The wst ol any unused hotsday entitlement is recognised in Ihe pervxl in whith the employee's servicÉs are
receiveil.
Termination benefits are recogni5ed immediatety as an expens8 when the charity is demonstrably committed
IcTr terminale the employment of an employee or lo provide tetrnination benefrts.
1.12 Retirement benèfrts
Payments lo deftned contributKJn rets￿ment benefit schemes are thaig8d as an expense as they fall due.
Critlcal accounting e$timates and judgements
In the application of the charity's accounting policies. the twslees are requiied to make judgements, estirnales
ond assumplions about the carrying amount of assets and babilibes Ihal are not readily apparent from other
sources. The eslimales and as50uated assumptions are based on histOriGqI 8xperience and other factors that
are considered to be relevant. Actual results may differ fiom these e5tirnates.
The estimates and undedying assumptions are reviewed on an ongoing basis. Revisions loi ¥c¢ounling
e5timalES are recognised in the period in which the estimate is ￿vISed where the revision affects only that
period. or in the period of the revision and future periods vthere Ihe revisKJn affeds L¥>th eurrent and (uiurè
periods.
Income from donations and legacies
Unrestrfcted Restricted
funds
lunds
2024
?024
Totrl Unrèstrictèd Restricted
funds
funds
2023
2023
Total
2024
2023
Donations and gifts
GÉnèral donations and
founder patrons
451.999
314.167
766,166
491.670
327.591
819,261
478.701
478.701
459.614
459,614
930.700
314.167 1,244.867
951.284
327.591
1.278,875
Grants receivable for core activities
Wirral Borough Council
2(XJ,000
Olher
278,701
21K).000
278,701
195.1)00
264.614
195,OOCt
264,614
478,701
478,701
459.614
459,614

WIRRAL YOUTH ZONE
TIA THE HIVE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from charftable activities
Unrestricted
funds
2024
Unrestricted
funds
2023
Charitsble A¢tivity
Membership and entry fees
Catering income
Facility hire income
SS,102
59,464
62,475
2,412
163.190
177.041
Income from other tradTng activitiès
Unrestricted Unrestricted
funds
funds
2024
2023
Fundraising events
4.768
126.927
Other income
Unrestricted UnTestri¢led
funds
funds
2024
2023
Other income
Gift aid
Interest re￿Ne￿
5,554
30,0
7,135
3,183
35,667
339
42,689
39,189
Expenditure on raising fvnds
Unrestricted Unrestricted
funds
funds
2024
2023
Fundraising at)d publi¢ity
Fundraising support
Staff costs
30.750
89.761
99,222
12Q,511
99,222
-23-

WIRRAL YOUTH ZONE
TIA THE HIVE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Expenditure charitable aetivities
Charity Trading Co
2024
2024
Total
2024
Charity Trading Co
2023
2023
Total
2023
Direct costs
Slaft costs
Depreciation and
impairment
Advertising
Purchases
397.717
397.717
594,124
594,124
116.655
19,245
3.678
116.655
19.245
e6.056
119,￿3
38,376
11.750
119,633
38,376
82.179
62.378
70,429
537.295
62.378
599.673
763.883
70,429
834,312
Share ofsupport and goveman¢e costs {see note 9)
Support
T16.473
592
Governar
27,414
6.285
777.065
33,699
657.200
40,445
1.029
5.440
658,229
45.885
1,341.182
69.255 1.410.437
1.461.528
76,898 1,538,426
Analysis by fund
Unrestricted funds
Restricted funds
925,671
415.511
69,255
994.926
415.511
1,018,650
442,878
76,898 1.095.548
442,878
1.341.182
69,255 1.410,437
1.461,528
76.898 1,538.426
Support costs allocated to activities
2024
2023
Staff costs
Insurance
Light and heat
Telephone
Post and stationary
Staff travel
Session consumables
Repairs and renewals
Computer costs
Other expenses
Bank charges
GovernanGe costs
374.070
25.￿7
79.106
14.910
4.978
1.886
139,861
70.412
20.765
43,014
2.156
33.699
262,832
24,697
115,123
14,584
7,728
3,531
93,438
53,166
28,880
51,537
2,713
45,885
810.764
704,114
Analysed between:
Charity
Trading Co
803.887
6,877
697,645
6,469
810.764
704,114
-24-

WIRRAL YOUTH ZONE
TIA THE HIVE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support costs allocated to activitie5
(Continyedl
2024
2023
Governance costs comprise:
Audrt fees
Accountancy
Legal and professti)nal
11,505
3,660
18,$34
9.140
2.500
34.245
.699
45.885
10 Net movement In funds
2024
2023
The nel movement in funds is slated after chaTgin￿lC￿dlLlng)'.
Fees payable to the 9roup's audttor_
- for the audit of the group's financial statements
- for other finanGial Services
Depreciation of owned lang11￿e fixed as5els
7,860
3,82Q
116,655
9.140
2.500
119.633
11
Trustèès
None of the truslees lor any person5 connected WI￿ them) receNed any remuneration or benefils from the
charity durin9 the year.
12 Employee¥
The average rnonthly number of employees during the year was..
2024
Number
2023
Numbar
63
Employment Costs
2024
2023
Wages and salari8S
Social se¢urity ctrsls
other pension costs
794,81J4
50.145
16.599
879.172
58,072
18,934
861,548
956,178
There were no employee5 whose annual remunerats.on was Tnore than £60,OtKJ.
-25-

WIRRAL YOUTH ZONE
TIA THE HIVE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
12 Employ88s
Iconlinuèdl
Remun8ration of key mana9ement pèrsonnel
The remuneration of key management personnel was as follows-
2024
2023
A9gregate compensalion
171,867
147,694
Key management personnel are deemed lo LE members of the senior managemenl team, which consists of
the Chief Executive, Head of Youth. Head of Fundraising. Head of Busines5 15tarted in year) and Head of
Comms Istsrted in year)
13 Taxation
The d)arty is exempl from taxation on its activi1￿$ because all its income is applied lor charitable PLJrposes.
14 Tangibl• fixed assets- Group and Charity
Leasehold
land and
bundlngs
ptanl and FIAtur8¥ ¥nd
equipment
Cornputer5
Total
Cost
Al 1 April 2023
5.270,388
100.409
156,458
79.168
S,6(￿,423
At 31 hAarch 2024
5.270,388
1rMI.409
156.458
79,168 5,606.423
Depreciation and impairment
At 1 April 2023
Depreciat*)n tharged in the year
625.925
105.324
1￿.409
123.172
8.244
76.081
3,087
925,587
116.655
At 31 March 2024
731.249
100.4%19
131.416
79.168
1,042,242
Carrying amount
At 31 March 2024
4.539.139
25,042
4.564.181
At 31 March 2023
4.644.463
33.286
3.087 4.680.836
15 St￿k$-GrouP
2024
2023
Raw materials and consumables
2.X16
2.759
-26-

WIRRAL YOUTH ZONE
TIA THE HIVE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
16 Dèbtots
Group
Amounts falling due within one year.
2024
2023
Trade debtors
Other debtors
Prepayments and accrued irKorne
54,103
4.395
83,180
28,028
46,307
141,678
72,335
2024
2023
Amounts falling duè after more than on• year.
Deferred tax asset
64
64
Totsl debtors
141.742
72,399
DebtOT5
Charity
Amounts fallin9 due within one year.
2024
2023
Tiade debtors
Amoun15 owed by subsidiary underta￿ng$
other debtors
Prepaymen15 and accrued income
50.755
6,599
4,395
85,806
19,809
49,623
147.555
e9,432
17 Creditot¥= amounts fallin9 due wthin one year
Group
2024
2023
Notes
Bank overdrafts
Oth* laxation and so¢ial securty
Deferred income
Trade Cfeditors
Other creditws
Accruals 8nd dèfèrrèd incomè
1,958
19,931
97,621
35,837
22,106
54,560
15,525
122,451
16.504
32,241
48.735
18
235.456
232,013

WIRRAL YOUTH ZONE
TIA THE HIVE
NOTES TO THE FINANCIAL STATEMEfrrrs (CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2024
17 CreditOT5'. amounts falllng due wthin one year
IContinu8dl
Creditors: amounts falling due ¥￿1￿ one year
Charfty
2024
2023
Notes
Bank overdrafts
Olhertaxation and social security
Deferred income
Trade creditors
Amounts owed 19 subsidiary undertakings
othér ueditors
Auxuals and deferred income
14.820
122,451
9,029
18,841
97.621
31.384
4,682
22,1Q
51,645
18
30,614
52,335
229.249
224,259
18 Deferred Income- Group and Charity
2024
2023
Other deferred income
122.451
97.621
Defe￿ed inwme is induded in the financial staleff*nts as follows:
2024
2023
Delerred income is included swthin."
Current l¢abilities
122,451
97,621
hrtovetnents in the year..
Deferred Incon￿ al 1 April 2023
Released from previous periods
Resour￿$ deferred in the year
97,621
(97,6211
122.451
88.394
186.394)
97.621
Deferred income al 31 M8rch 2024
122,451
97,621
19 Retirement bènèfit schemes
2024
2023
Defined contrtbution schemes
Charge to profrt or loss in resped of defined contribulton sthemes
16,599
18,934
The Gh81ity operates a defined contribution pension scheme for all qualifying employees. The assets tsf the
scheme ara held séparatety from Ihose of the tharity in an independenlly administered fund.
-28-

WIRRAL YOUTH ZONE
TIA THE HIVE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
10 R•strict•d funds- Group and Charity
The restricted funds of Ihe charity comwise thè unexpended balances of donations and grants held on trust
subject lo sperific conditK¥ns by donors as to how thèy may be used.
At 1 April
2023
Incoming
resources
Re50urce5
expended
Transfers At 31 March
2024
Capital
National Lottery
F￿tball Foundation
Boxing
Spring HAF
Cradle lo Career
WBC Household Support
One Wirral- Digital Indusiex)
Arts & Enterprise Fund
Kitchen Fil Out
HAF Summer FLJnd
Summer HAF +13
Household Fund
Gaming Fund l Mill￿n Hours
HAF Christmas
Sports England
Winter Holiday Hunger Grant-
Onside
Winter 23 Househokl Fund
Easter HAF
NHS C8dets
Onside Foundation
Johrh Lewis
Burberry
4.680.842
{116,655}
{114.762}
{1.323)
1213)
{201
130.5421
{201
11.6491
(4691
(45,0001
111.5071
17201
{10.3711
{4,6961
{2,0301
,5161
4,564,187
114.762
1.323
213
20
16.682
30.685
20
1.649
16.825
45.000
11.507
720
10.371
9,6SS
2.030
11.274
4.959
3,758
12.964
15.988
I12.￿)
115.9881
14.0601
15.0001
113.78n
16.2191
{10.OWI
13,787
14.S95
10.(xJ)
8,476
4,699,549
314.167
1415,5111
4.598.205
-29-

WIRRAL YOUTH ZONE
TIA THE HIVE
NOTES TO THE FINANCIAL STATEMENTS {COTrtfiNUED)
FOR THE YEAR ENDED 31 MARCH 2024
20 Re$tri¢ted funds- Group and Charity
Icontinuedl
Previous year.
At 1 April
2022
Incoming
Resources
expended
Transfers At 31 March
2023
Capital
Football FoundalicTrn
Toytsta Parasport Lottery Fund
Thomas Kirkham FOundat￿n
Magenta- Outread)
Merseyside VRP
National Lottery
Culture of Health
Orsted
Gerald Micklerll Charitable
Trust
Nationa Lottery- Together for
I Planel
Sprbng HAF
Cradle to Carer
Sport England
Bally Thomas
Duchy of Lancaster
DWF
Eleanor Rathbone
Charitable Steel
Rainfofd Trust
Souter Fund
WBC Household Support
One Wirral Digilal Indusitsn
HAF Summer 2022
Youth Diversion Fund
Arts & Enterprise Fund
Halloween
8oxing
HAF Winter Fund
Onside Hunger Grant
WBC ]Mnter Grant
Summer HAF 2023
Medicash
4.8￿.475
{119.633)
4,680,842
1,323
5.616
211
1.043
1.836
2.412
16,659)
12,047)
13,2081
16,4151
197.6631
{11.13n
{10,4491
6.415
97.863
11,137
10.449
12.8461
6.871
(6.8711
19781
151.036}
{5.668}
{4.74S)
{3,9001
{1.000}
{4.436)
110.344)
{1.018)
1400)
110.474}
110.685)
110,0341
1283)
15.531)
(2.000)
{1.749)
{1,312)
127.464)
113,939)
{1.3451
{7.608}
22
16,682
67.718
5.874
4.746
3.900
1.000
4.436
10.344
812
400
10.474
10.685
10.034
283
12061
206
469
211
1.312
27.464
13.939
1.345
7.608
4,814,836
327,591
{442.878)
4,699,549

WIRRAL YOUTH ZONE
TIA THE HIVE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARGH 2024
21 Unrestricted funds- Group
The unrestricted furhds of the tharily comprise the unexpended balances of donations and grants which are
not subject to speofic ccffidittons by donors and grantors as to how they rnay be used. These indude
designated funds which have been sel aside out of unrestricted fltnds by the trustees for specific purposes.
At 1 April
2023
Incoming
re¥ources
Resources At 31 March
expended
2024
General funds
382.074
1.141.347
11.115.437)
407,984
Previous year-
At 1 April
2022
Incoming
r•sources
Resources At 31 March
expended
2023
General ftjnds
282,403
1,294.441
{1.194,7701
382,074
Unrestricted funds - Charity
At 1 April
2023
Incoming
ources
Resource$ At 31 March
expeTuled
2024
General fvnds
382.547
1.075.965
{1.050,057)
408,455
Previous year..
At 1 April
2022
Incoming
r•sources
Rescurces At 31 March
expended
2023
General funds
282,876
1.234.977
11,135.3061
382,547
22 Analysis of net assets bètween funds- Group
UnrÈstrietèd
funits
2024
Rèstrictèd
funds
2024
Totsl
2024
At 31 March 2024=
Tangible a55ets
Currelll asse1510iabilitie5)
4.564.181
34,024
4,564,181
442,008
407.984
407.984
4,598.205
5,()06,189
31

WIRRAL YOUTH ZONE
TIA THE HIVE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
22 Analysis of net assets between funds- Group
(Continued)
Unresthcted
funds
2023
R8strlet•d
fund$
2023
Total
2023
At 31 March 2023-
Tangible assets
Current assetsloiabilitiesl
4.680,836
18.713
4.fj80.836
400,787
382.074
382.074
4.699.549
5,081.623
Analysis of n•t assets between hJnds- Charity
Unrestricted
funds
Restricted
funds
Total
2024
2024
2024
At 31 March 2024:
Tangible assets
Current a$5etsllliabilitiesl
4,564,187
34.019
4,564,187
442,474
408.455
408.455
4.598,206
5,J(K,661
Unrestricted
funds
Restricted
funds
Total
2023
2023
2023
At 31 March 2023-
Tangible assets
Current assètsloiabifities)
4,680,836
18,713
4,680,836
401.260
382,547
382.547
4.899.549
5.082,09S
-32-

WIRRAL YOUTH ZONE
TIA THE HIVE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
23 Related party transaction8
Transactions related parties
During Ihe year the charity entered irrto the followtng tran5aclions with relaled p8ttie8.'
During the year the charity recen￿ donations which in totsl amounled to £50,000 12023 - £25,7891 from
Various trustees of the charity, their 8$50ty8ted foUndab.￿S or from companies in which they have significanl
control.
24 Cash generated from opèrdtl¢)ns
2024
2023
Deficit for the year
175.4341
{15,6161
Adjuslmenls for..
Deweciation and impairment of langible fixe(J assets
116,655
119,633
Movements in wtrrking capiial..
Decreasellincreasel in stocks
Ilnereasel in debtors
(Decreaseifincrease in ueditors
Increase in delerted income
253
{69.3431
{19.429}
24.830
18691
16831
6,251
11,227
Cash (absorbéd byllgèntrat•d from operations
(22.468}
119.943
Cash generated from operations
2024
2023
Deficit for the year
175.435)
(1S.6161
Adjustments for.
Depreaation and impairment ol tangible fjxed assets
116,&55
119.633
lovements in working capit81-.
{Increaseydecrease in debtors
IDeueasellincrease in creditor
In¢xease in defeired income
178.123)
119.840)
24,830
10.550
5.069
11.227
Cash labsorf)ed byllgenerated from operations
131,913)
130,863
26 Analysis of chan9es in nèt funds
The charrty had rK> material debt during the year.