Charlty registration number 1163183 Company registration nwnber 09267940 {England and Walesl WIRRAL YOUTH ZONE TIA THE HIVE ANNUAL REPORT AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Youi}I Zore .J xeinadin
WIRRAL YOUTH ZONE TIA THE HIVE LEGAL AND ADMINISTRATIVE INFORMATION Truste9¥ Mr C AC HUTSI {Chairl MrJ H Schor Mr P J Bibby Mrs K E Eugeni Mr P J C G8trigan MrMLNoon MrJ sre1CBE Mrs H C Kanakides Mts S W¢ir Ms H Robson Mr W P L Roberts {AFwinted 27 April 2025) {AFvoinfed 24 May Z0251 Senlor Management MrsJ Wlson ChEf Executive Offi Charlty numbgr (England and Wales) 1163183 Company number 09267940 Registered office rral Youth Zone Bright Street Birkenhead rral Merseyside CH41 4EA Auditor Xtynadin Audit Limited 46 HaMiOn Square Birkenhead rral MerseysKle CH415AR Bank8r¥ Handelsbanken 4th Floor 10 Duke Street Verpr)I MeTseyside L1 SAS
WIRRAL YOUTH ZONE TIA THE HIVE CONTENTS Page Foreword from our Ghair and CEO Truslees, report 2-10 Statement of trustees. responsi'1rtses 11 IndepEndenl audito¢s report 12-15 Slalemenl of finandal adryities Balance sheet 17 Statement of cash fi(Yws 19 Notes to the f nan(xal stalemenls 21-34
WIRRAL YOUTH ZONE TIA THE HIVE FOREWORD FROM OUR CHAIR AND CEO FOR THE YEAR ENDED 31 MARCH 2025 Foreword fiG our Chalr 'The Hwe has had a massive p05ilive impact on my social and ernotional Melb2ing. I relly apprec4qte the supwt the indusion team has given rne.. Hive member Those words caplure what The Hive is all about. We're hère to cseate safe. supwtNe spaces that help young people thrive wherever they're starting fiom, and whatever they' laang. Thts past year, we supported over 2,750 young people through nearfy 35,QOO visits. Thaf5 not just a number,. il's a mea9Jre ol the trust young people place in us. and a reminder of how vital our work continue5 to be. 11 has also been a year of refiecbon and gratitude. were deeply Saddened Ly the passÈrrtJ ol Stuart 8arne5. rjjr founding CEO. Sluart was in5ttumental in shaping The Hive as a place of p)&8iility, care and ambibon. His legacy lives on in evgry programme. every conversatson. and every young person walks through our dotsrs. For me personally, il has been an enomwus to serve as Chair of tIMs eXptional Organtion for just under five ye8rts. I was fortunate to take over from our first Chair. John Sy¥reL and now l arn equalty hcffioured lo gin lo hand over to Jon Schofield an exp]end and dedicated trustee who I ktlow will with integrity- I'm pleased lo be staying on the board 10 3UPPOrt Jayne, our CEO. and the learn. Bul there's no denying the challenge ahead. A rise in National Insur8n¢¢ antl mIrnuM wage mearbt thal Ihys year we'll need lo find on additional £80,000 jusl to stand still. That's the cost of mre night ol being open a Cost we believe is worth fighling for. Because despite the M90in9 ptessures faced tyycwg peOe and by thg youth Sedor more broadly, the case for invesling in The HNe ha5 never been stronger. For e¥ery £1 invested in our work, as part ol the Onside nèiwoth we generate over £13 Èn sorial value equNaknl to rncKe than £18 million each year It) irnproved wellbeing. mental health and futu OPFM)rtunty auoss rra1. Thank you lo every partner. fund. supporier and volunteer who makes this posgbb as well as our amazing team. Your belief in our vision, your belief in our young people is the foundation onb•knrh al IhL8 impacl is builL Charlès Hurs¢ Chair Foreword from our CEO As Chief EXèctIve, l often say I'm just the caretaker of this inuedibl¢ fathy. I don't lèad il, Wirraf5 young people do. And I do this job because ol them. They are the onès who bring (he pl9 to lrfe, who fill it wth laughler. learnlng, beDef and eneigy. My lob Is to make sure we keep up iheml In thtr last year, The Hive has done what yOLth work does best ifs slepped nto g8p. Khen farnilie5 were struggling. we delivered food hampers and seNed free hot meals lo our ywng peoye. WhÈr8 local services have been ovetwhelmed, we offered menloiing, wellbeing support and trusted relatiDnships. en the cosl-ol-lwing CfiSi5 made 8th'vilies feel like a luxury, we rnadè sure ours remained accessible. aThl padttxl with opportunity. One thing thal's been said lo rne repe8ledty by young people, parents. and )rthrs 15 just brilliant cur team is. Whenev&r we ask young people what Ihey love most about The Hwe. tly almays say the same thing.. the slaff. Frorn the warm welcome at the door lo the kindness, energy and support ihey Ceive thrc459hout the buildirYJ, our team make Ihis place feel safe. fun and full of possibility. We are 30 lutY lohaye Ihem. and l am incredilly proud lo be part of sh a leam. What really struck mo this ye8r is how far our young peoplè are now adirj Il* way. Our young leaders volunteer weekly over 3000 hours last yeai. Our ambassadors host events, inte1 wr staff. represent us al loral and natiDnal forums, and shape our future through our Hear by Right programme. ArYJ nexL year, Ihey've got even bigger plans. Young people don't just allendThe Hive. They lead rt. Every time I walk into a busy session 200 young people Choosing lo spend lhrevenIng here I'm reTrwnded why this work matters. Whether thelre spending time bwth lriends, recording an alwm, plawng five-a-SKle. exploring Al, or just having a quiet ¢verSztion with a youth W0er after a tough week. The HIIE is doing something magical. Thank you for being part of it. J8yne vfilson, CEO
WIRRAL YOUTH ZONE TIA THE HIVE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORri FOR THE YEAR ENDED 31 MARCH 2025 The tiuslees present Iheir annual ieport and financial slalements for the ye¥ er1 31 Mch 2025. The financAal statements have been prèparèd in Èccordan¢x with the accthJThtn9 plyie$ set out in nole 1 to the financial statements and comply with the chaThtys Atkles ofAs$wation, Con)panies Act 2006 and "Accounting and Reporting by Charilies.. Statement of ReuxnmEnded Price 8P1[3 tschwit$ preparfng thwr actounts In accOrdae wrth Ihe Fnanrial Reporng Standard applicab Èn the UK arKI Repubbc of Ireland (FRS 1021. (effective 1 January 20191. Objectives and acfivllies rral Youth Zone, known locally as The Hwe, a nwT dSen by ycAJng pKJflÈ. a purpose L11( faolity desiwed for young people aged 8-19. and up lo 25 foT Ih95e with addthonal need BasL4J in Ihe heart of Birkenhead. we f8(xlltly celeb¥ated our 8th birthday, rA>nb"nuing to provida a vibranl. indusve. and safe envirorbment for Bll young people. are Wrral's Youth Zone. We are pld to be part of the OnSid¢ Youth Zcw Netr[k, a growing rrotht of modern. inde[dent youlh organlsations built on shared princSples. Onside is transforming youth prov6b)n ros5 the UK by devek)ping stol 01 thé 8rt spaces where young people can thrive. we embTace our e in Ihis wider rÈtwork. [[81 Youth Ztsn8 is first and foremtsst an indepen(knt charity, rooled in and respon&ve Dds olour local o)mmunty. Our model ensures thal cost Is rL¢ver a barrier. Forjust £5 per year and 5Q) per ¥istt. yOg people gain ac£ess to mole th8n 20 activities per night. includtng sFths. arts, music. drama, dimbry. employalMIty workshops, and much more. The providés a safe pla( to enjoy leisufe time. build confiderKe. raise aspir8tK)ns, arKI support better menial and physical heath. Our vision is simple yel powerful.. To help young people be heshr. happier. and thrive in their c4)mmunities. We achieve this by providing.. Somewhere safe lo go Something positive to do Someone trusted (o lalk to Vvhile our modem fatik'lies and ex¢iknng opportunrfses are 8 major draw. ifs trsICMatiDna1 youth WO and thè dedication of our inspiring youth wotke15 that tfuty make the drfferen and keep yowg people CL¥ning back again and again. OurApproach We lake a strenglhs4)ased appioach that". Helps young people identify aTK1 build on IheiT Potenbal. not just th proLlems. Empowers young people to be active partnets in Ihelr development. Iv&th a v0e in 5haplng The Hive and taking on leadership ro$. Champions equalty and is1o. promothng human rights and SOLEI ju5ti1 ensuring OUT seryices are acssIble to all. Creates an environmenl Ihal feéls safe yel chauenging, encoLFragirKJ pernal gcoth. Is committed lo conlinuous improvement. guKJed by feedbado fromow y(ungpec*)le and stakeholders. We know this approach works and 5UPPOrts young people in their pefstha aj sociJ development. enhanc85 employabilrty. and irnproves overall wellbeing.
WIRRAL YOUTH ZONE TIA THE HIVE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Qur Values We are guided by five ¢QTe organisalion81 values that shape everything we ¢X)'. Young peoplo first.. young people ale al the heart of everylhing we do, Tnskyring and thallenging us to deliver servicès that exceed their needs and challenge them lo be the L$1 Ihey . Ex¢ellen¢e.' we encourage ouiselves and eaax other lo be the be¥1 we¢an bp Ihrwjh wnb"nuous leaming and improvernent and a focus on finding solutions. Rèspe¢t' we act wilh honesty and inlegrity, celebialin9 diversty aosS the whole organisation and caring 8boul eath other. our young people and the Youth Zone environment Amljltion." we are passionale 8nd drNen ith taknng on new chalenges. embracing 08$, and eXedIng cxjr ambitions for young peoplè. th& YcJth Zones and ow loral ummjnities. Collaboration.. we will create and nurture sttong, creative partnershqis, w(ykn"ng logelher lo aChve better resufts and lcoeS lor ywng people. Ourobiecb'ves for 20225 To achieve our vision of suppOrn9 young people to be happy, safe. healthy al4e to IhTiVè. we worked towards the lolbwing five strategi¢ cl)j¢div Young People - To increase thè reach and relevan of our offer, enring The HNe is a safe, aC$SlIe and inspiratn81 destination of th01 for 1 youtlg pwple in Partnershlp workin9 - To deèpen our role the Ial commurity ty fosleTing strong partnerships. increasing use of our building, and creating a sense ol shared owwstrup and pride irb The Hive. Innovatlon and Impact- To iefine and evolve our unwersal and taTseted provisk, ensuring it mainS relevant and engaging while capturing Ihe measurable drfference ourwDwk makes to young ppople's INes. Youth Leadership and Inelusion- To ensure young people are 2dity AW0e in shayry and leading our work, wilh a strong voice 8(xoss tsur goveinance. planning. anddel.very. Organisational Stngth - To build a more resilient and suslain3Ue organlsalson Ihiough investment In our people, strong finanual management. improved govemance 2nd t dwersificatlDn of income streams. Achievements durlng th$ pèriod -the differen¢p we make A Yearollmpèct In 2024-25. The Hive proved more than ever before that tt Is not jusl a youth faolty. it wa5 a thriving comtnunily powered by hIgh-quaty youth work. creativity, resir1en, and Indusion_ Wth weT 34.000 visits and nearly 10000 rn0 through our partner LlabOratiOns, our reach has grown swJnificanlly. and 30 impad. Evaluation shows Ihat of thè young Fe0 we workwith in thp youth zone.. 80U/o incre85edlmaintained Iheir seif4onfidence 89/4 incre8sedlmaintained thr aspirations From pioneering STEM piolects and locused menloring to arts. dan and programrnes. we supwted young peoplp lo develop vital skllls and belief in their future. More than 240 mentcfw@ sessK)ns gave personalised, life- changing Support lo young people navigating serious challenges. Our Lemonade wellbw"n9 pro9ramme and Inspiring Fulu5 delNered in WErra sc*wts. helped almost 4 pupils bulld r¢8ilience, self.esleem and emotional literacy wilh many going on to IORI The Flve beyond the progiamrne. In a cornmunity wher8 we know food poverty is a reality. w8 provided ow 10DOO free hot meals and around 500 food hampers. We also rnad8 sure that everyone we worke(1 with had a reason to cèlebrate at Christmas. Highlights ineluded bespoke sessiffls for all age groups. a cosy ChristmasEvece5ebration, 8nd Ihe defivery o180+ hampers (with food. gifts and Chrt5tmas pyiamas} lo families. thanks io gJPPIrt from Wlrr81 Counafs Household Support Fund, corpofalc partneTS and the LFC Founda'On.
WIRRAL YOUTH ZONE TIA THE HIVE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The reason we are heTP- our work vrith young OPle Ouruniversal Offer Six days a week, The Hive opened its doors lo young peOe aged 8-25. 0Tr9 foLY core universal sessions I0 lunlor, iwo senior). two dodicated indusion se$sns. plus a packed calend¥ if projects. oulreach and progran)mes across Wrral. With over 20 acliwties each nigm, every session offeied sorNething w, ftom kit car engineeritvJ and Al experiments lo climbin9, debales. drama, an(5 discu8sion sessitsns on l)pics like expbitat¥)n, consent and gambliNJ. Our Bright Sparks Programme drove STEM engagemenL with over 25,000 pwli(¥)atwMs and $lwg PreSentation from both gids and boys. 8150 hme a Greenpower Education Trust vertr9 01 EX]IenCe. one ol the fe youth organSsalions to do so, for our innovative wolk getting y¢)ung people to cesign. bJlkJ and race eledric cars. New projects kept momenturn high.. young people hosted prMIGqsts with IAJsin¢ss leaders, pitthed Al-powered business ideas, and explored idèntity adture Ihrough Creative medi8. Dur arts proJramme induding dance groups. partherships with MD produdions and a Live at The Hwe mu5K stIval. In spcffts we partned with Dallaglio Rugby and the LFC Founéalion. Our rec raves are the highlight of the Ve and the rec challenges keep on coming. Young people loved the impiovemenls, and we supported an addrtional 1TrJ Iwtvj people ead) week compared to 2023124. Incliision.. Embedding Eqtwty in EVerhng Indu510ll 18 central lo The Hive's ethos. We recorded over 4.000 attendarw fr(M Yn9 p¢oplo with SEND, with Hiveability Sundays welcoming 80+ people eath week. We extended our offer with a new 14+ Hiveabilily session focused on incent INing skills like budgeting, cooking. travel, and hwsehold management now regularty attended by over 31 young peop. .1 didn't think I'd ever learn to o)ok on my n. Now I've made M¢S for myfanify. arKt it fee18 amazlng." O¢Jr inclusion team also supported young people wilhin unive[581 sesgwts prDvidirKJ calm spaTrs. one-to-one support and trusted relationships to help overcomè 2nxiety and build cJ)nfthnce. TkEmed events throughtl the sessions Celebrated th"versity and ernpowement, wilh yotmg people prwJJur¥J zs. music 8nd lsual art to express how we a all unlque bul all belong. Mentoiing Over the year, our mentoring programme supwted than 40 young referfed by schools, CAMHS and social earÉ. Every partiapanl showed measuiable gains in wellbeing. Conf( and aspirafton. lo/¢ of young people ieported increased development across all oulcorne areas with tw 0st sigrKficant Improvements In confidence. lead¢yship and mental he W8llb8ing.- The Lefflonadg Proi8cI Thanks to new funding from the Medicash Foundabon, our Lemonade Proj1 a)nlinued lo help young people in school biild em0([al iesiliell, sell-esleem and heatthy relationships. UskigtheME App lo track proeSS.. loo, reported overall improvement 22 /0 ine35e in managing emotions 13 /0 inrxease in self-esleem and awareness 11Yo rise in mental wdlbeing Feedback from teachers and Yth viorkers was oveTh¥helmingly posiitve, 71h clear Irf0¥ementS in engagemenl, mood and p¢eT relationships.
WIRRAL YOUTH ZONE TIA THE HIVE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 InSring Futures This targeted programme helped young peOe at risk of exdusion or sthc#)I r$ to re-engag8 through a mix of edLtcalion, fun and ernployability. Demand has been hiyh. with some coFb)rts shOn9 a crOa$e in school attendance. hank you for makiw the sludent3' day so happy and positive they retumed with huyè smiles.-_Teacw feodbad( Ourcommunlty Wo Wrth 9ver47.000 visits (InduLI"ng those from partner use). The Hive remainsal thfOrthe community. We hosléd Piogress Sthools Ajiernative Provision. ChMHS earfy assessnkni barrts. and I2e$, (aieets fairs and trainin9 providers. offering a safe. vibranl space for engagemerl. SUP and learniny. Vve wort(Èd in P8rtnership wilh local schools to support iran¥idon events. demOnStratr wr cx)rnmilmenl to being a I cornmunity-owned spa¢e. Our outreach teams. supported by Pama Housing and Cradle to Career, kn)k The Hive Outside into streets, parks and neighbourhoods. helping many young pèople become members IhrvLuh firsmime engagem1 as well as supporting communities. Four family lun days, funded by Cadenl. brought together over 1.01)O people for5hared experiences and lebration and a chance for our young people lo show their farrnlies and younger 6iblirys UThJ The Hive. Youth Volce., Lecl by Young People We continuèd to develop our Young Ambassadois programme as they c(xnpldecl the 'Hear by Righf framework, including a residenlial, and presented their ideas to Ihe Board of Tfuslèes. Their Twmmend8lv)ns a leading tts tangible changes, indudin9'. Young people's input into staff recruitment Re5t8rting LGBTQ+ group. Work rt Out Updgting menus and websit6 for better indusion ore visibility for Qui or9anisalional values and what Ihbs means forowTyOWQ people Giealer inpul into strategic plannlng now run regular Junior and Hivèability COUAlS. and our Young Leaders ¢Mtributed o¥er 3.200 hours of peer support and volunteering. M8ny 81$0 gained accrerfitslions in food hygiene. firslaid, dirntrxng 8nd sp8 leadersh, supported by partners like Ihe LFC Found?I'on. Beyond the building, our ambassadors delivered a powerful ath.on rAoièd n hxal caie homes. adapting Hive acbvilies for older residents and breaking down generatn31 barriers. °One person hadn't left their room in months. Ihey 1me down jusl be(w5e they kn the young people were Vtsiling.' Care Homa Staff 'Knowing we made that kÉnd of drfference was amazing.' Geotge, YoungAntss3ador Ourslaff téam 'The tèam that I gel lo work with at The Hive are extremety passionate 8brttIr i() inspiie rne ltr ¢$) the trRst job that I can possibly do. I reel that the cultufe whth has been created is a sdd (ne emphasising a real feeling r)f togelheiness arid teamwork. We know thè work we do with our young people is onty mad8 pN)ssibSe by team ofslaff 8nd volunteeis and we work hard lo create the right environment. In our annual slaff suNey 96% of our slaff wrxjld reCnrnernd WOtkin9 here lo fatnlly and fnends and 870h are 'very happy in Iheir work.. Ive wiu continue to work haid to be an employer of choi.
WIRRAL YOUTH ZONE TIA THE HIVE TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORTI (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Fundr8i&Trg st8temenl All ol Imrral Youth Zone's fvndraising activity is t>rried out in line wl) Charity Comrnission guKlèlines and relevant kgislatson. There were no complaints made against Ihe chadty ¢Juring the petiJ. The charity 8ppfoves 211 requests for fUrraIsIng by aSSesng whdlw itj5 in fine with leglation and $t pradice guidan¢e. This indude5 where and how the funds raised. I lthdralsing a(INil'&s a slruotured arKI in rra1 Youth Zone's conird, ss no fundrnlsing that Is >m¢ted by a third party. Flnaneial revlew The Trustee5 would like lo thank all of our patrons, corporale supwters, carmunify partneis. Wirral Council and the various granl-rNaking bodies for their continuèd support of The Hive Yth Zont this year. Wrthout tha support ol all ofthese kèy 8tskehoJders, we would not have ten able to pyovide wpp¥rt to the ytsJn9 people which we do. Fin8n¢ialsuslainatsli'ty We worked hard IhroughoLrt the year to carefully man89e our expenditure +ile maXints9 income. with regular oversight from the Finance Commitiee to help us navigate a thallenging fin031 erNirwment We 51rerwJthoned our fundraising capalxlity, with Onside F(wlldaln supp(¥t k>pR)wde addrtional inv&tment in our income g$neralion team. This will enable us lo délwèr our ne•4 furtdraisxg stralegy, whith locAJsés btsth on stewardiry our existing partners and diversifying into income streans. I(uding ¢ommvnity giv(ng and corporaté ESG partnerships. We continue to revi6w our contrad5 and suppliers to ensure ihat every p)vnd we spend is used effecliyety- In some cases. this has indudèd bringing conliacts in house lo delivei savings4 tett control. Our strategy remains focused on building Wterm sustainabibty by brOadg Jr SUPFther base, securing rnulli- year funding, and rn8llltaining strong fin8n(ial discipline. This will allow us b)c¥Jnhnue lo imiesl in our seNices and facilitS whilè hokling $uffi¢ienl reserves to ptolecl the futu of ihe tharity. Gn9 ¢onc8 The Financial Stalemenls are Prepared on 3 going concem basi At the time ol appiovtryJ Ihe a¢c4)unts, the truslees have a reasonable eypeciation thal the tharty h85 adequate resources to Gonlinue in operational existence for the foreseeable frjtvre. Thjs. Ihè tsustees continue to adopl the going coneem basis of accounting in preparing the accoLTrTrts. The income of The Hive {restricted and unreslricted) lolalled £1,327,528 vthlst expetxliture totalled £1,457.874 of which £111.624 was depreaalion of our assets. Wlhoul depreaation the charity shows a small operational del1[. W6 havé Sel a budget for 2025-26 lo breakeven operali0na1 and at ar first quarter are on trath. Looking ahead, we are not aware of anything Ihal causes us COnM rel8tirq k)Ihe budgel set. After careful analysis of the Charitls income. expenditure. unrestled rts4¥e5. aNI f¢xecasts the Trustees 81e confident in the Charily's ability to continue as a going concern. The Trustees di not havè any material uncerfaintiès about the Charity's abilrfLy lo continue as a going concem for a timescale (A at leasl 12 monlhs from the d3te of signing of the TIu51¢es' Report
WIRRAL YOUTH ZONE TIA THE HIVE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 ReseryespoliGy The Board of Trustees has estatAish8d a reseNes policy that refiecls the risks to which Ihe charity 1$ exposed. In line with this policy, the level of unrestiicled resee$ and the ba&s for thwr cabdatim aro re¥iewwJ regulady. The policy focuses on ongoing fixed costs. exdudirrfj variablo ¢osts and eyendktute lite(S to restricted projects (which are covered by restricted funds). The Trustee5 have tjetermined that urrestrirted, or'free, reserves shoukl be maintained al a level equwalenl to approximatety monV)s of day.ltrday runniNJ Ca)sts. This eThsurès that the organisation can o)ntinue to operate efteth'vbty in Ihe èvènt of a signikanl ¥i inL¥)me. The purpose ol unrestricted funds Is lo support all daY-tdaY actMtie5 r¢essary lo dèliver our universal youth piovision, Based on the lalesl review. M [nthS ol fixed c£)sts equates to lEn £375,L)(K) and £750,(M)Q. Al 31 March 2025, the ¢hxrity hekl unrèstricied reseives of £404.860. wovidirwJo)vei forapproximately 3.5 Th)nths of fixed costs and in lina wth the reserves kxJliGy. Mbjorrisks rral Youth Zone cecognises that taking carefully considered risks is wmehmes rcessary to achieve better outcomes for children and young people. Our appetste for risk varies dedIng the actwity. bul de¢isions are always underpinned by appropriate due diligents and risk assessmenL Our overarching aim is to remain a financialty iobusl and operationalty resi[rt organBalK)n, with the capaaty lo deliver a high-quality core offer and operate oui lacility effeotively. We a&0 iecognise the cr¢31 importance of maintaining our reputation and will aci wherè this 18 threatened by un3cceptab havioL$ or mi381igned values frorn staff or volunteers. We maintain a low lo <sutious risk tolerance, zero tolerance in safegu¥dry arwj iyotecb.ng young people from harm. The Tiuslees have developed a ¢omprehensive risk reglsler, ourfining the key slrategiG SineSS and operational risks. This is reviewed quarterfy by the CEO. and any new or changed risks are ported to Ihe Board. Current primxpal risks indude: Fin8ncial.. Failure to ryTreet income tsrgets or manage expendttvre. jIg to reducd reserve$ CAsh flow issues. induding the potential loss of local 8Uthorily funding. Operalicnal Disruption.. A major building inudent that Uld inlewnwt vi dek.very or require wbstan81 inve51menl. Reputational Risk.. Low levels of engagement from the commmly or partneE5, resutting in reduced perceived value and standing withln Wrral. Plans for futur6 perlods Building tho slrong foundations of our first evJht years, and with vavat4e input from young pewle, staff. st8kÈholders and partners, we have shaped an amb"th"ous Ihree-yéar slrategy. This plan, finalised in summer 2024, sets out how we will grow The Hive's reach, impad and sustsinablh.twenlng trLk lo the Onside DNA while responding lo the unique needs of young people attoss Wrral. A key focus will continue to be on expandsng our unNersal youth work offer-deIreri ThOTe sessions, en9aging mtsre young people, and continuing to ensure that The Hive is a safe, inspbir¢J $e Spa where every ytsung person can thrive. By 2027 we ale airnin9 lo grow our Members to over 3.500, with moTe Ihan 1,200 weekty attendanS across our sessions and partner woth.
WIRRAL YOUTH ZONE TIA THE HIVE TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 &VARCH 2025 Stratgglc Alm ono- To be a safe, hlgh-qu81ity universal prnvision, ledby youngpeopl&kn insplraflonal a17d responslve to fh8lr changing needs and thosè ol Wirrals eommunlfyes. Our goals in the forlhcomiwvJ year are.. The Hive Youth Z?ne 13 open and accesslble to all. 7 day$ a week By March 2026 we asm lo.. have over 3,000 members reach an average of 1.000 young people perweak delwer eight core sessions acr055 the week ensure mtsst spaS including gym. boxing and performing arts spaoes are open al least five tllnes a week ThÈ Hive is al thè hèart of the eommunlty, with increased reath iitknliry our work in the cornmmity and outreach acbvities, continued partnership use ol the buikling and family ¢Jays delivered weekty. We will c£)rblinue lo explore how we work in pathe15hip Wbth other organis8$ ID Wfirtal. and the wider aty region, including supporting the devekjpmentof Ywth lIance. Wè r•maln Inclusiv• and div8Ys0, coniinuing to Iwk al we (an make our offer affessible arKI Inelu3Ne lo all young people and continue lo refled the demogr$ ol Wirtal. Our yOg people have Klenlified the need to support young peOe from the LGBT+ conimunty a5 wdl make changes to our website and signage lo be rnoie welcoming and inclusive. wiu abo Ldertake ITainitvJ and awareness with the staff team lo ensure we are all adopbrKJ best pratylic¢s. Our offer is contlnuously èvolvintr ensuring we are meetiry needs of our young people and responding lo their feedbad(, with greater use of digit. Al aKI STEM pro9rornming, life sknlls and employability devoFent. and tstgeted support suth 8s m&ntoriThJ and welbeing delwered both in-house and in schools. We capture the Impact of our work. with th6 aim of 2kn of merS partipating in (AJt¢Mie Ira¢knng and regular reporting Ihal helps shape delNery and demonslrales oJrvalLE to sutporters and partners. Stratggle alnz iwo- To strèngth•n The Hive Youth Zon8 by investing In ourp8ople and kcllities, dIveifying Incomè, and énsurFng excellent governancwncluding stmng yguth voice at every level. Our goal& this yeai.. Young Peop #hap• whal we do. Through regularyoulh voth f0MS. Niniu budlyng, indusion counals and the Hear by Righl Iramewod(, we wll faulitate young Peo being acbve at èvery elemÈnl of Ihe organisation from a presence al our Board meelings. Fxogramme desgn and strategy delwery. Our governance is ¥trong and forward-lookiny. Wth a refieshed bDard governance and succ¢5510n plan, all relevant subcornmitlees in place. arKI a dear trustee trainirg and reporting strfftture. We are an employer and voluntser provider of choloe. We wil Cc"nuQ to look how we retsin and develop our staff. We hwll continue to strive lo become a ieal living etnpbyer and ffjviw how else we can value our staff. We will reinvigor?te our ap5mch lo volunlwFvJ, inclJling lod(in9 al how we 12n obtain qualifications lor our young leaders. We are financially stsble and ambitious. We will deliver 8 Ihreyw wmme plan fUsed on mulb-ye8r funding, corporate partnerships, community fundraising and w itilRbves swh 85 a l¢)cal lottery and Hive Heroes d)allenge. W• invest wisèly in our building and resovr¢ès Ensuring Val fw TrKney. iegular rnainlenance. and facilities that match the ambib.on and energy of oui young pefy. We will start wlh 8 dear asset management and replacement Ian. We aro a trusted and vl8ible charity, Tecognised loeAlly and regb)fdly as a Ihoughl leader in youth work and a positive ltsrce for youn9 people acr05s Wrral and beyond. will lake an aciive part ill rnulti-agency partnerships and structures as well as being the lead organisation th)rthe rra1 Youth Alliance. structure. governance and management The charity is a company lirnited by guarantee and is govemed by its nEmorwdum aTrJ Artides of A5soriation dated 18 September 2014 8nd arnended on 27 Jan 2025. It is a charity regierfAI wth the Charity Commission on 18 August 2015. In the event of the company windin*up, the mernbers have guaranteed theli3lM"litss of Ihe cornpany to the sum not exedIng £10 eath.
WIRRAL YOUTH ZONE TIA THE HIVE TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The tiuslees. who ore also the directors for the purpose of company law, during the year and up lo the date ol signalU of the financ4al StatentS were.. Mr C AC Hursl (Chair) Mr J H Schofield Mr P J Bibby Mrs K E Eugeni Mr P J C Garrigan MrMLNoon Mr J Syvret CBE Mrs H C Kanakidès Mrs S Weir M$ H Rob$on MrWP LRoberts (Appointed 27 April 25} (Appointed 24 May 20251 Recmilmentènd appoinlmentof tNste8S Those persons notified lo the Registrar of Compan*s as the first direct of the drity ar¢ the fitsl trustees. The Truslges have power to 8ppoinl any person lo be a trustee. The members may rernove or app(xnt trustees by passing a Special Resolubon and if the is a ¢J)nflKa befvleen the metnbersa)d the trustses,themernbers de$lon The nurnber of diredor5 should nol be less than Ihiee and there no may1unLAI ihe first Annual General Meèting all dir&ctQTS retired and sought re-election. Al each subsequent annual meth.ru third of the directors a required to retire by rotation and seek re-appointrvent rf they w5h lo C'n. The members a the subscribers lo the Memorandum and suth persons as are apwoved by the mberS to become new members. Oo8nisation81 slnjeture Wirral Youth Zone is governed by its Trustee Board. vknich is responsiL4e for setting the organisation's strategic ireclion and establishing ils policies. The Trustees caJry ullimaie res)51b77ty for the charity's condud, ensuring compliance with all legal and wilractual obftyations. The Board indudes a ChaiJ and VI Char. and Trustees are elected for terms of up to three years. with the possitAIty of Tle)n. In addilion to the Annual General Meeting, the Board meets quarterly and mayestaFAish subcommTitees lo provide additional oversight and scrutiny. Currenlty. our sulTrcommittees indude: Finance Committee- meets quartety and reviews monthly finaniial rewls_ Risk Management Commiltee indudes ctropted mernbers frLff. klerseysKk Fwe Biigade to support ongoing irnpiovements in saleguaiding and h¢aYth & safety. Performancè and Scrutiny Committèe- morhitors progress against ¢xff goaLs, partthlarty in terms of 4¢h and Impact with young people. Governan¢e and Nominations Committee-oversees govemance devdopment and succession planning. Eath committee reports to the full Board on its aclivit.es and 8ny concem& DS)nS a made by simple majority volè, in thé case of a tiè, the Chair holds the fAsling vote. ReMunfjr8ln policy This committee piovSdes annu&l iecommendatiorbS to the Board on stafl remunerabon, sabry increases, and eTnployÈr benefits_ Recommendations are informed by benchmatking agairBI vider Onswje Youth Zone network and comparable Ihird-s8dor organisatK)n5. The ¢ommittee comprises Boatd ieprgsenlative5 aThJ th8 CEO.
WIRRAL YOUTH ZONE TIA THE HIVE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Auditor In acwrdance with the company's arbcles. a resolution PTopong Ihat Xwèdin Au(S1 knmited be reappointed as auditor ol the c(Hnpany will be pul al a General Meeting. ThSs report has been prepared in 8(ance wrth the Statewl of ReQ)mmd Praclicr - A¢uJunting and Reporting by Charities and in accord8nce wth thè swal provisions in Part 15 of the Companies Act 2006 relèting to small companies. The financial staternents compty th current stsw requirements. the cOrnpaS mernorartlum and Artides ol Associalk)n and the Charities SORP. Public benefit All the act1w1S of Ihè charity las summariseEI above} were undertaken to its tharitable purposes for public bènèfrt. Thè provisi of a highquality ywth zone for young peopla resporKls lo a dèar. ongoing dÈmand from young people, parents and the wder community for 8rKI better aS foiyoyng peoryh to go. The youth zone offers ur4veTS81ty acce$silAe activslies to young people aFd &19 {up lo 25 with a disability) cegardless of race, sexual orienlalion. disability, gender w6 focus on attendance and particxpalion by young mèmbers ol surrounding CA)mmunilies who are able to enjoy Offdable accessto all the opportunbties that Ihe youth zone piovide$. The Trusteès of Wlfirral Youth Zone have complied the duty in sedKJn 1T of Charities A¢t 201110 have due régard lo thÈ public benefit guidan puIShed by the Charity Commission. Dlsck)sure of Infomiation to audf(or So far as the trustees are aware, there is no relevanl audit informaiion las (kfrTred by sectb)n 418 01 the Companies Acll of which the charitable company's auditgr afe unaware. and each Irusteehastaken all steps that they ought lo have taken lo make themselves aware ofany relevant audit mlIon and to 8slablith that the auditor is aware or that informatKn. The Iruslees, reportwas apwcTrved by the Board of Trustees. Mr C A C Hurst (Chair) Trustee Date.. 10-
WIRRAL YOUTH ZONE TIA THE HIVE STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The Ituslees. who are also the diredDf5 of Wtral Youth ZO for the purpw of cornpany . are respon5ibk lor preparing the Trustees, Report and the finanoal statsments in a(xordance with 4>p&caUe law and United Kingdom Accounting Standards (Uniled ngdoM Gener31tyAcpied A(thunb"ng Pr&ttil. Company law reqthrès the trustees lo prepa finanual statements for each finraLLial Yearth gNie a tNe wd f3ir view ol the state of aflziis of the charity and of the incoming resour ar¥J aFfvat¥Jn of resources, inL4uding the ipcome and expenthture. of Ihe charilable company lor Ihal year. In preparin9 Ihesè finanL¥al stalemenls, the Iruslees a required lo: select sullable accounting polres artd then apY them con$istenUy- - observe the methods and principles in the Charities SORP- make judgements and estimates that are ieasonable and Pdent.. slate whether ap1¢able UK A¢cwnting Stsndaids have been foBrnved. subieci trj any matsrial departurès diselosed and explained in the finan<ial statements,. ar - prepare the financial slalements on ihe going concem basis unless it is Iropwote to pSuM8 thal the rharity will continue in operalion. The Iruslees are reSponsie for keepttag adequ31e a(xounting records that dd0$e with leasaLle accuracy at any lirne the financial position of thè chanty and enable them to ensure Ihatthe InarLial slalemenls (xjmpty with the Companies Act 2006. They are also responsible for safeguarding the assels DI the th8rity and hen for tsklng reasonable steps for the preven.0 ajxl dele¢b'on of fraud and other irregularifje5.
WIRRAL YOUTH ZONE TIA THE HIVE INDEPENDENT AUDrroR'S REPORT TO THE MEMBERS OF WIRRAL YOUTH ZONE Opinion We have audited the financial statements of Wlffal Y(xrth Zone Ilhe 'tharity) and rfs subsid1 for the year ended 31 Marth 2025 which comprise the group statemenl of ffinarrial 8diviUes. be group balance sheel, the chaiity balance sheet. the group slalemenl of cashflows. Ihe charily statement of Ca flfw$ and the notes to the finandal statements, Induding summary of significant accounting Oic4es The finarKlal reportng fraTnewort( Ihal has been applied in their pwaration is applicable law and United Kingdom ACCting Slandards. indltding Finanaal Reporting Standard 102 Th8 Finanu81 Reporting Standard appliGable in the UR And Repubfy"c ol Ireland (United Kingdom GenerallyAccepled Awounling Pracknl. In our opinion. the fin#nt>al $latsments: give a true and falr view of the state of the group and thaiitable comparrfs affair5 as al 31 Maich 2025 and of ils incoming reSoUrS and applicati)n of resources. induding its in£ eXpelture, for the year then ended, have been properfy Fryjared in acu)rdan( wilh United lfjngdom Geraty Apt Accwnling Practice,. and have been prepared in accordance wilh Ihe requirements of the compa Act 2(X)6. Basis for opinion We Gonducled our audil in accordance with Inlomational Slandards on Auctthng (UK) (ISAS IUKII aNI applicable law. Our iesponsibilities undw those standards ale further desLbed in the AJI ditorfs Spon&il"b.eS for audit of lh8 ffftÉncigl sfatéments section of our report. We are independenl ol Ihe tharty in accordance {h the elhir41 reqLrirèmeNts thst ar6 relevant to our audit of the finanual statements hi Ihe UK. inchjding thé FRC'S Elhical Standard, and we have fulfilled our other ethical responsibilrties in accordarce wih these requiremenls. We befieve that the audit eVence we have obtained is sUf"ent and apwopriate to pThits abasLS for our opinion. Conclu51on5 relalJDg to 90ing eon¢em In auditing the finanaal stalements, we havè ujnduded that the trusleeg use of 1he goiry (x)nwn bags ttl accounting in the preparation of the financ4al 51atem&nl$ is appropriate. Based on the work we have performed, we have ngt Identified any materol ertaInlS rolating lo events or condrtions that, individyalty or collectivdy. may cast significanl dtsubt on the ab•ty lo continue as a goirKJ conr for a period of al least iwelve months from when the finanaal statemlS are authorised for issue. Our re5ponslbilitles and the responsibilit of the trustees wth respecl lo gokng conrn a desctibed In the relevant Sectn$ ol this report. other inlDrniation The other information tsmprises the informab'on induded in the annu repot than the financk31 statémènts and oui audittsrfs report Ihereon. The trustees are respon*lile for the olherithrrnatiffl contairÈd withli ihè annual report. Our opinion on the financial statements does Th)t cover Ihe olhe.. informalion and, except kn the extent otheNise explicitty sl8led in our reporl. we do not expiess any forrn of asyJFance cnnclU0n Ihereom. Our responsibilrty is to read the olher information and. in doing so, consKier wer Ihe olher irfomialion is maleri81 inconsislenl with the financial statements or our knovledga obtained in the ¢ce0f the audit. or otherwise appÈArs to be rnaterially misstated. 11 we Identify such material Ineonsistenaes or appgrent material mk8slatements. we aEg requTrÈd lo dètennine whelher this gives rise to a material mlsstatemenl in fillanrial staterrEnts themselves. 11, based on tho work we have performed. we condude Ihat there is a matend misaatemenl of thi5 Other informalion. we are required lo report that fact. We have nothing to report in this regaid. 12-
WIRRAL YOUTH ZONE TIA THE HIVE INDEPENDENT AUDITOR'S REPORT (coKfiNUED) TO THE MEMBERS OF WIRRAL YOUTH ZONE Opinlon5 on olher matters prescribed by th& Companie5 Act 2006 In our opinion, based on the work undertaken in the course olouraud the information gNen in the trustees. report for the finanoal year for ¥hith the financial statemon15 are prepad, which includes the directo, report prepared lorthe purposes ofcoThpBny law, is ton&slentwith the finanGial slaternenls.. 8nd the diredors, report IndUd wthin the Irltee$. repryt has been prepar6d ITr accixdance with appcable legal requirements. Matters on whlch we are rEqulTed to report by exception In Ihe light ol the knowledge and understanding of the charity and its olAained in the course of the audit, we have not identified mateiial missiatemenls in Ihe diredors. port wilhin Ihelrustee$' reporL WÈ have nothing lo report In spe of Ihe folbwryJ mattets in relalion lo wFoth CM1paeS Ad 20{ requires us to report to you if. in Qui opini= adequate accounting records hav¢ not been kep( or retums 8dequate fw ow autht have nol been r1Ved frorn branches not Visited by u5.. QI the finan(xal gtalements ara not in agreement with the accounling rewds retutn%- Certain disclosures of trustees, remuneration spÈtsfied by law are not naje.. gr we have not reived all the information arKI explanaltons we wuire frircNJraudit' or the trusteès wÈré ntst èntivèd to Ffepare t fjnan(xal statemènts in au0rdar with the srnall companies iegtme and take advantage of the small CAHnpanies' exemptK)ns in ptepawvj the I181ee$, report and from the requlrernenl lo prepare a sltalegK report. RE¥ponslbilrtie8 of tTUStges As explained more fully in the statement of truslee5' responsibililEs. thE ttee5, who are 8150 the direclors of Ihe chsrity for the purpose of [panY law. a spOnSible lor the preparation of IIE finanixal stemenls and for being satisfied that they give a true and fair view, and for suth intemal c4>ntrd as the Irustee5 deleirnk)e is necessary lo nable the preparation of finan(#al stalements thal are free material rnisstatemenl, whether due lo fraud or error. In preparin9 the finanoal slalemenls. the Irustees are responsible for assèssng the and charitys ability lo ¢onlinuÈ as a going concem, disdoslng. as applicable. Matters Telated to yJiio Colr and wng the going cnncem basis ol accounting unless the trustees either intend lo liquidate tIE charitaNe company or lo ase operations. or have no realistic aliernalN¢ but to do so. AudIt0S TesponsibS1ltl for the audit of the financlal ststements Our objectivès are to obtain reas0rnab assuran aboui whether thè finaM3] statanenls as a whtsle are fe from material mi581atemenl. whelhei due to fraud or error. and to Issue an aLKldds report Ihal indudes our opinion. Reasonable assurance is 8 high level 91 assurance bul is not a guarantee tha an o)nducled in a¢xordan rilh ISAS IUIQ will always detect a rnaterial misslalernenl when rt axists. NiSstatenlS can arise froTn fraud or eiror and are ronsidered matérial if, indivHlually or in the aggfegate, they reasonably be expected lo inlkjence the economi¢ decisions of users taken on the ba&s ofthese finanaal siatenml The exlenl lo which our procedures are capa¥Ae of deledtng irregularities. iKJthng fraud, is detaiw be. 13
WIRRAL YOUTH ZONE
TIA THE HIVE
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF WIRRAL YOUTH ZONE
Extsnt to which the audit was considered capable of detecting irregularities. including fraud
Our 8pwoach lo identifying alld assessiro the risks ol material misslalemul in $pt ol irregubrth"es. including
fiaud and non-compliancé with laws and regulations, was as folbws..
the eng8gernent partnei ensured that the engagement team had the apprry)rlate competence.
capabilities and 5ki115 to identify or recognise norK0m1an with
WIRRAL YOUTH ZONE TIA THE HIVE INDEPENDENT AUDITOR'S REPORT (CONTINUED> TO THE MEMBERS OF WIRRAL YOUTH ZONE Use of our report This report is made solety lo the c*arilabfe company'8 mernbets. as a body. in accoldancevth Ch8Pter 3 of Part 16 ofthe CompaniesAct 2006. Our audit work has been undertaken so thal we rntghl slale to the charitable companls members those matters we are required lo stale to them in an auditor's rppcyt and for no other purpose. To Ihe fu116sI extent permitted by law. we do not accept or assume responsibirty to anyone other than tho chadtab company and the charitable ¢ompany'$ members as a body. foT our audit Ilus report. or lor opmnions we have lomied. Helèn Furlong FCCA Ise ior Statutory Auditor) For and on behalf of Xeinadin Audit Umited. statlrt0ryAIitor Charter8d Accountsnls 46 Hamihon Square 8irkenhead Wirral Mersey8ide CH41 SAR D8te- .IL?..... 15-
WIRRAL YOUTH ZONE TIA THE HIVE CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restrictod funds funds 2025 2025 Total Unrestrlcted Ro8tricted funds funds 2024 2024 Total 2025 2024 Notès Income and endowments from- Donations and legacies Charitablg actimties Other trading activtb.es Other income 871,155 163,815 84.801 51.246 156,511 1,027.666 163.815 84.801 51.246 930.700 163.190 4,768 2.689 314.167 1,244,867 163,19) 4,768 42,689 Total Incomè 1.171,017 156.511 1.327,528 1.141.347 314.167 1.455,514 Expènditurg Qn.. Raising funds Chaiilable adiviQe$ 113.843 1.059.961 113.843 284,070 1,344,031 120.511 994,926 120,511 415,511 1,410.437 Total •xpondltt]re 1.173.804 284.070 1.457,874 1,115.437 415,511 1.530.948 Net Expenditure 12.787) {127.559) (130.3461 25,910 {101,3441 175,4341 Tr8nsfers between funds {33n 337 Net movement in funds 10 13.124) 1127.222) (130.346) 25.910 (101,3441 175,4341 Recon¢lllalSon of funds= Fund balan9 al 1 April 2024 407,984 4.598.205 S.0(.189 382.074 4,699.549 S.081,623 Fund balanees at 31 Mareh 2025 404.860 4,470.983 4.875.843 407.984 4.598,205 5.006,189 The slatement of finanGial acl'vities indudes all gains and l(vdses recognised inlheyear. All income arbd expendrture derive Irom continuing actmties. The notes on pages 21 to 34 form part of these finanaal slalemerts. 16
WIRRAL YOUTH ZONE TIA THE HIVE CONSOLIDATED BALANCE SHEET ASAT31 MARCH 2025 2025 2024 NDtes Flxed assets Tangible assels 14 4,452558 4,564.181 Currènt assets Stocks Debtrjrs Cash al bank and in hand 15 16 1,959 174.912 534.367 141,742 533,216 711.238 677.464 Creditors: amounts falling due wthin one y?ar 17 1287,953) (235,4561 Nèt currènt alsets 423,285 442.008 Total aB¥ets le¥$ CUTr*nt113bilrtle8 4.875.843 5,006,189 Nel assets 4.875.843 5.008,189 Tho funds of the charity Restricted income funds Restricted fixed a55et fund5 Unréstricted lunds 20 20 18.420 4,451563 494.860 34.018 4.564.187 407.984 4,875.843 5.0(,189 The noles on payes 2110 34 fomi part of these financial ststements. The fin8nriai statenTrents were approved by the Iwslee5 on ¢7 :to.... Mr c A c Hursl (Chair) Trustee Company registration number 09267940 (England 8nd Wales) 17-
WIRRAL YOUTH ZONE TIA THE HIVE CHARITY BALANCE SHEET AS AT31 MARCH 2025 2025 2024 Notes Flxed assets Tangible assets Inveslments 14 4.452.558 4.564,181 4,452. 4.564.183 Current assets Debtor£ Cash at bank and in hand 16 180.689 524,9 147.5S5 524.173 705.679 671.728 Cr£ditOT8: amounts falllng du• wlthln on• year 17 1281.925} (229.249) N?tcurTent assels 423.754 442,478 Total assets less ¢urr¢nt liabilitie¥ 4.e78.314 s,0,861 N•t assèts 4.87fj.314 5.006.661 Th¢ funds of the charity Rèstricted income funds Restricted fixed a5sel fvnds Unrestricted ftjnd 20 20 21 18.420 4.4S2.%3 4)S.331 34.019 4.564.187 408.455 4.876.314 5.0(K.681 The notes on pages 2110 34 ICKM part ol these finanaal statements. The financial stslements were appioved by the trustees on A C Hurst IChair} TrustèÈ Company registration number 09267940 IEn9land and Wa]es) 18-
WIRRAL YOUTH ZONE TIA THE HIVE CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 PIIARCH 2025 2025 2024 Notes Cash flows from operatin9 a¢tivitles Cash generalèd Iromllabsorb6d by) operath)ns 1.151 {22,468} lèt Cash used In Investing aGtivitie5 Net cash used In financing actlvlties Net lncreasel1decasej In cash and $h equivalents 1,151 122,4881 Gash and cash ¢ouivalenls at beginning of year 533216 555,684 ash and c8sh equlvalents at end of yeaT 534.367 533.216 The notes on pages 21 to 34 fom parl oflhese finanoal staternents. 19
WIRRAL YOUTH ZONE TIA THE HIVE CHARITY STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Nots¥ Cash flows from operating activities Cash ggneialed Iroml(absorbed by) operations 25 817 131,9131 Net cash usèd In investing activ6$ NEt cash used In financing activilies Nèt increasèl{decreasel In cash and cash •quivalants 817 131,9131 Czsh gnd cash equivalents at beginning of year 524. 173 556,086 Cash and cash equlvalents at end ol year S24.990 524,173 Thé notes Dn pages 2110 34 fomi part ol these financial statements.
WIRRAL YOUTH ZONE TIA THE HIVE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policles Charity Information Wirral Ycwlh Zone is a private company lityuled by guaranlee incorpcrfaled in England and Wales. The regist&red office is Wrral Youth Zone. Bright Street, Birkenhead. Wrra, MYS1d¢. CH41 4EA. 1.1 A¢¢ountin9 conv?ntion The financial statements have been prepared Èn acCOrdae vth lh2 tharity's gov6mir¥J docuwnenL Ihe Companies Ad 2008. FRS 102 The Financial Reportyng Standard 4Jlicable in the UK and Republic of Ireland" and the ChariliÈs SORP "Ac£ounling and Reporting by CharAies." Slatstnenl of Rèeommended practi 2ppIic8tAe to charities preparing their accounts in a¢coid3n( wthi the Fan81 Repcting Standard applicable in the UK and R¢public of Ireland IFRS 102)". The charity is a Benefit Entity a5 ned by FRS 102. Thè financial statèments are prepared in steding, whth is the funcOx4 currenry ol Ihe charity. Monetary amounts in these financial siatements a ft)unded lo the ne¥st £. The financial $18tsmenls have been prepared under the hIstOral c05t 0tiCl. The windpal accounllng poliaes adDPted are set out below. 1.2 Going concern Al the time ol approving the ac£ounls. the trusteèg have a rea$¢3 expedation thal lh& charity has adequate ie50urcÈs to Continue in opeiational existtnce for the foSee3b1e futu Thus. Ihe Iruslees continue to 8dopl the going concem basis ol attwnling in preparing the counts. The income ol The HNe {restricled and unrestricted) loialled £1.327.528 whilst expendilure totalled £1,457.874 of which £111,624 was depreoabon of our assals. Wrth(xrt dwreaation the charity shows a srnall operabonal deficil. We have set a budget foT 202S-26 to bre8keven operah"On1Y and al end tsf the first quarter are on Irad(. Looknng ahead, we are nol awarè of anylhiFJ9 that causès us concem rektn9 to1he buthJet sel. After carefijl analysis of the Charbty's income. expeThdilure: unTeslricted reserves. and forecasts the Trustees are confident in the Charity's ability to continue as a going concem. The Trustees do not have any material uncertainties about the Charity's abilty to continue as a going Conc fw a timesca ol at least 12 months from the dale of sKJning of the Trusteès. Reporl 1.3 Chayitablg funds Unrestricted funds are available for use al the di$eon ol the Injslees in furtherance ol thr charitable objedive5, Reslri¢ted funds are SU.e lo spÈrAr ¢ondih"ons by donors or glart$ as lo how they may be used. The purposes and uses of the reslricled funds ale sel out in the notes lo the fire1 stalernenls. Endowment fvnds are subjed to specffic COnd.0S by don0 that tlE raptal must be maintained by the charity. 1.4 Income Incorne is reco9nlsed when the charity is legalty entitled to il after anypetbmEnee condilions have been mel, the amounts can be rnEasured reliably, and rt is probaiAe thal incA)rn8vI be receihed. Cash donations are fecognised on receipL OlheT donations ?fe recowls On Ihe thatity has been nolified o the donation, unless perfomance conditions iequire defeii81 of the imount. Income lax recovÈiable in re18tion lo dOrnatns received undei GiftAKI or deeds of covenant is rea)wised 81 the ts'me olthe donation. 21
WIRRAL YOUTH ZONE TIA THE HIVE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Icontlnugdl Legaaes are recognised on receipt or olheThvise if the charity has nolified of an impending distribution, the amount 1$ known. and r¢ceipl is expected. 11 the atwK)unl is k[in. the legacy is treated as a lingent assel. Local govemment grants ¥re recwnised on recei)l. Incorne from trading aCtll1es. includes income from trading adivthes to raise for the charity. Income is recognised when eamed and Ihe charity is enbued to the leipt. 1.5 Expgnditure Expenditure Is regnised once there is a legal or (x>nsttLKtive i)bf¥afion lo transfer economK berefit lo a thircf party, it is probable that a transfor of n0m benefits WAI be reryired n Eeltlement, arTrd fhe amJ1 ol the obligation can be measured Teliabty. Expendituro is Classif by 8cbwty. The costs of ead7 actNtty are rnale of the total of dile costs and shared costs. induding support costs invdved in Undertan9 eac adThAy. Dired costs attributable to a slngle activity ar& allocated directly to that acl(vity. Shared costs whth c(¥iiribule to mor& than one aclniity 2nd support cosls whith are not attTibutable lo a single actNity are appOrtned between t£6 aetivrf(ie5 on 8 basis consistent with the use of resources. Ceniral stsff costs are allocaied on the basi$ of time spenl, and depreuatlon charges are allocated on the poriron of ihe asset's use. Raising fund5 indudes all expenditurè Incrred by the thatity lo rai fdS for tts challlable purp05e5 and indud&s costs of all fundraisin9 actNitses. events and non-tharitable tNe5. Support costs are those that Ihal assist the work of thé (arity bul are r1 dweclty atlribulable lo the chaAlable activities. Support costs indude office costs, adrnini5trative payroll 0151$ and go¥emance costs vthich support the charitys activilies. Where Ihe 5UPW)rt costs (3nnol be attri to a drect athvity they have besn allocated lo Ihe costs of raising funds and tharitable aclivilies on a prtrrata basis_ Governance costs represent costs assou8led vrith rneeting Ihe consththicl and stalutory requireI8 01 the charity and indude the audit fees and rnsls linked to the strategiCnagneTrl orthe rhaftty. 1.6 Tanglble fixed assets Tangible fixed assets are inilialty measuied al cost and subsequenty nRasured al cost or Valtion. Met ol depieciation and any impairment lossas. Depreoalion is iec(¥nised $0 as to wrile off the cost or valualion of asset5 less Iheirresk•Jal values over the¥ useful lives on the follc>wng bases.. Lèasehold n and buildings Plant and equipment Fixtures and fitttngs Computers 2% stravJhl line 33% stra5ght line 25Yo reduang bajan 33Yo straigm line The gain or loss arising on the disposal of an asset is detemined as thed'fferents behveen the sale pr¢xeeds and thè carrying value of the asset. and is reo)gnised in the statement dfinancial activities. 1.7 Impalnnent of fixed assets Al each reporting end dale, the ch8Tty rewews the carrying 8mtsunts of rfs tangible assÉls to delemiine whether Ihere is any indication that those assets have suffered an irwirrneDI loss. 11 any such indication exists, the recoverable amounl ol Ihe asset is estimated in order to d2temine Ihe exlelll ol the impairment loss (If any}. -22-
WIRRAL YOUTH ZONE TIA THE HIVE NOTES TO THE FINANCIAL STATEMENTS (cop1NuED) FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ounting policies {Contlnuedl 1.8 Stoeks Stocks are Stat at the lower ol cost and estimated selfing price les5 costs lo complete and sell. Cost comprlses direct materials and, where applicable, d1ct labouf cos15 and those ovetheads that have been incurred in bringing the slod(s to their presenl loCatn and CAindition tten hehj f distribution al r> or nominal cnsIdera[10n are me8sured the lower of replacement rosl and cc6t Nel realisable value is the estsmaled selling price less all estimated ctsts ol compktion and 5($ lo be inwrred in marketing, sèlling and distribub"on. 1.9 Cash and cash 8qulvalents Cash and cash equivalents indude cash in hand, dèposits held al 1 %*ith banks. other short-temi liquid investments wth original maturities ol three m(x)Ihs or ss. and bank overdrats. Bank overdrafts are shown within borrowings in current liabilities. 1.1Q Financial Instruments The charity has elected to appty the provi&ons of Sedion 11 'Basic Fiwcial In5trurnenis' and Section 12 'Olhèr Financial Instruments Issues. of FRS 102 lo all of finanual i1tnis. Financial instruments are recognised In the charitys b8lance sheet whffi t charity beo)mes party to the ntractual prowisions ol the instrumenL Financial assets and liabiliti.ès are offset. with the net amounts preSert in the finandal statements, when thère a leglY enforceable right lo sel off Ihe recognised amounts trBre is w intention to seiile 8 nel bas1$ or to realise the asset and seEUe the1bIlitY simumaneousty. Basic linanclal assets Basic financial assets, which indude debtors and cash and bark trolatxes, are inrtialty meastsied al Iran5adion pri including Itansacth)n costs and are subsequenlly carriedat a1rftsed cost using ihe effeclive interest method unless the arrangemént ¢onslitu(es a finan(ing trao58d.on, wheré Ihe transactitsn is measured al the present valuè of the future reiptS discounled at a rdle of inte$1. Financial assets dassified a5 le1Vab withtn one year are not amorbsed. Basic finznclal Ilabllltios Basic finanoal liabtlilies. Iruding credrtois and bank loans 8re Initial recognised at transaction price unless thè 8rrangemenl constitutes a financing transaction, wherg the debt ItruMent 15 rneasured at the prèsent value of the future payments discounted al a market iale ol Inlerest. liathfities dassrfied as payable ilhin one yeaf are nol amortised. Debl instrumenls are subsequently Caled al am¢yb5ed ¢osL using effedi¥è intere51 ralo mèthod. Trade creditors are oblig3lions lo pay for goods or seNS thal ha¥ebe• 8Lquired the ordinary ci)urse of operations from SuplerS. Arnounls payable are dassTfied as currert habilitS il payment is due wiltrun one year or less. 11 not, they are presented as n[)nrrent liabilities. Trade credrtors a recogftised initi8Hy at transaction Pn and subsequènuy measured at amorb.sed cost using Ihe effective inteSt method. Derecognttion tsf financial liabilities Finatjcial liabililies are derecognised when the ¢haritys coniractual oblvjalions expite ale discharged or cancelled. -23-
WIRRAL YOUTH ZONE TIA THE HIVE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 thIARCH 2025 ACCOUnng poli¢les IConUnuedl 1.11 Employee benefits The c051 of any unused hodaY entilletnenl is recognised in the pericd in Mhtth the emptoyee's services are received. Teimination benefits ai¢ recognised immediately as an expense when the tha¥ty is dèmonstrabty o)mmitted to lerminale the employment of an èmployee or to provide temijnatk)neffits. 1.12 Retlr•ment benefrts Payments io defined contrlbution retiremenl benefit $¢hemes ale tharyd as 8n Expense as they fall due. Crrtl¢al accounting estimates and judgements In the applrAtron Df the charitys accounting polioes, Ihe trustees are Nured to make judgemenls. éstimates and assumptions about the carrying amount of assets and liabilitse5 at are not readily apparent from other soures. The eslimales and associated assumptions are based on hi&orical experien and other fadors that are Considered lo be relevant_ Actual results may differ from these esbmates. Thè e8timate$ and UndIng assumptions are reviewed on an basis. Revisions to 8ecouTrling estimates aio recognised in Ihe period in whth Ihe estimate is Viled wb.&e the revisvn affects only Ihal perlod, or In the period ol Ihe Tevislon 8nd future peri(xls where the Iwision effects both cuirenl and future pertods. Incom from charitable actlvltiès Unr•strl¢lpd funds 2025 Unrestrleted funijs 2024 Charitsble Activity Membership and entry fees Catering income Fa¢llity hire Income 27,g88 65,168 70.659 35,396 65.382 62,412 163,815 163.190 Income from other tradFng activitiès Unrestrictèd Unrestricted funds fund$ 2025 2024 Fundraising events 84.8D1 4,768 -24-
WIRRAL YOUTH ZONE TIA THE HIVE NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Income from donations and legacies Unrestricted Restrieted funds funds 2025 2025 Totsl Unrestricted Restricted funds fund$ 2D24 2024 Total 2025 2U24 Donalsons and glfts General donations and founder patrons 470.367 156.511 6.878 451.999 314,167 766,166 400.788 400.788 478,701 478,701 871.155 156.511 1.027.666 930.700 314.167 1.244.867 Grants receivablt lor core activitles Vrra1 Borough Covnul 2,000 Other 2C,788 200.000 2(VJ.788 200,0 278.701 200,Cy)O 278.701 4W.788 4.788 478,701 478.701 Other Sncom8 Unr¢$trlcted unrtrIcted fund fund¥ 2025 2024 Other income Gift aid Interest received 8.Q45 29,¥7 13,234 5.554 30.000 7,135 51.246 42,689 Expenditure on raÉsing funds Unr•$trKled Unrestricted funds funds 2025 2024 Fundraising and publiclty Fundraising support Stsff costs 9,645 104.198 30,750 89,761 113,843 120.511 .25-
WIRRAL YOUTH ZONE TIA THE HIVE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on charitable acVItiS ChaTIty Trading Co 2025 2025 Total 202S harity Trading Co 2024 2024 Total 2024 Direct co¥1$ Staff cosls Depreciat and Impairment Adverttsing Purchases 684.530 684.530 397,717 397,717 111.624 111.624 116,655 19.245 3,678 116.65S 19,245 66.056 3,188 55.445 58.633 K2.378 807,328 55.445 862.773 537.295 62.378 599,673 Share of support and govtmance costs (see notè 91 Support 460,393 385 Governance 16.130 4.350 460.T18 20.480 776,473 27.414 777,5 33,699 6,285 1.283.851 60.180 1,344,031 1,341,182 69,255 1,410,437 Analysis by fund Unieslrirted funds Restiicled funds 999.781 284,070 60,180 1.059,961 284,070 925,671 415.S11 69,255 994,926 415,511 1.283.1 60.180 1.344,031 1,341, 182 69,255 1,410,437 Support ¢osts allocated to actlvltles 202S 2024 Slaff costs Insurance Llghl and heal Telephone Post and stalK)nary Staff travel Session consumables Repairs and renewals Computér costs Other expenses Bank charges Go¥ernance ¢051s 113.633 24.921 81.S)3 11,S)2 5,196 1,922 87.160 86,342 31.254 35.eA)7 1,738 20,48LI 374,D70 25,gYJ7 79.106 14,910 4,978 1,886 139,861 70.412 20,765 43.D14 2,156 33,699 481.258 810.764 Analyséd beÉèn'. Charity Trading Co 476,523 4,735 603,887 6,877 481.258 810.764 -26-
WIRRAL YOUTH ZONE TIA THE HIVE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 Support cost5 allocated to a¢tivitig$ IContlnu¢dl 2025 2024 Governan¢e ¢osts comprlse: Audit fee5 AcUntan Legal 8nd professional 10,160 4.700 5.620 11.505 3,860 18.534 20.480 33,699 10 Net movement in funds 2025 2024 The net movement in funds is stst¢d after chargingl(crediting}'. Fees payable lo the group's auditor.. - foT the audit ol the group's finanual statements - foi other finanoal services Depreoation ofowned tangl fixed assets 9,800 4,700 111,624 3,820 116,655 11 Trustsas None of the Iruslees lor any persons o)nnected them) received remuneratiw or benefits from Ihe eh31rfiy duwing the year. 12 Employees The average ThnthLY nuwber of employetrs during thè year wa5.. 2025 Number 2024 Number 65 60 Employrnent costs 2025 2024 Wages and salaries Sooal security costs Other pénsion costs 831.439 53,355 17,567 794,804 50,145 16.599 902.361 861.548 -27-
WIRRAL YOUTH ZONE TIA THE HIVE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Employees Icontlnuèdl The number ofemployees whose annual remuneralion was more than £60,1 is as follows.. 2025 Number 2024 NumbeT £60.0001£70,000 Remuneration of key management personnel The remun$ralK>n of key managemenl pèrsonnel w8s as follows.. 2025 2024 Aggregate ttirnpensation 235.509 171.867 Key m8nagément personnd are deemed to be membÈrs ol the seniLY management team, bvhich consists of Ihe Chief Execulrve. Head ofyouth. Head of Fundrai*ng, Head ol Bu%ness arKI Head of Comms. 13 Taxation The charity is ex¢mpt frorn taxation on its 8Ctivities berau5e all lis incr is appl1 fo- Charitab purposes. 14 Tangible fixtd assets - Group and Charity L•asgfvol¢J 14nd ond bUding$ Plajrtand Fbtu¥8s ènd equipnxnt fillDgs Compuf•Y8 Total Co¥t Al 1 April 2024 5.270.388 100.409 1S6.458 79.168 5,608,423 At 31 March 2025 5.270,388 100.409 156.458 79,168 5.606,423 Depieeiation and impairment At 1 April 2024 Depreoation Charged in the year 731,248 105.396 11x1.409 131,416 6,228 79.168 1,042.241 111,624 At 31 Mar¢h 2025 836,644 100.409 137.644 79,168 1.153,865 Carrying amount At 31 March 2025 4,433,744 18.814 4,452,558 Al 31 March 2024 4.539,139 25.042 4.564,181 1 S Stocks - Group 2025 2024 Raw maleriajs and consumables 1.g59 2,506 -28-
WIRRAL YOUTH ZONE TIA THE HIVE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16 Debtors Group Amounts falling dué within one year. 202S 2024 Tradé dèbtors other debtor$ Prepayments and accrued income 112.027 2,561 fQ,324 54.103 4.395 83,180 174.912 141,678 2025 2024 Amounts falllng duè after morè than one ypar. Dèferrèd tax asset Total d•btor8 174,912 141,742 Debtors Charity Amounts falllng du6 within one year. 202S 2024 Trade debtors Amounls owed by subsidiary undertaknrtgs Other deblors Prepayments and aulued income 107,973 50,755 6,599 4,395 85,806 2,561 70.155 180.689 147,555 17 Creditors= amounts falling due withln one year Gioup 2025 2024 Notos Other taxatK)n and soryal srity Deferred in¢ome Trade credilors Other creditors AcenEals and deferred incorne 17,407 197.846 19.810 30,870 22.020 15,525 122,451 16,504 32,241 48.735 287,953 235.456 -29-
WIRRAL YOUTH ZONE TIA THE HIVE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2025 17 Creditors.. amounts falling due wtthin one year lcontinuadl Croditors: amounts falling due wthln onè yèar Charity 2025 2024 Notss other taxation and sooal securty Def¢rred income TTade creditors Amounts owed lo subsidiary kSndertakings Olher creditots Accruals and deferred income 16.885 197.846 16.659 1,745 30.870 17.920 14,820 122,451 9,029 li 30,614 52,335 281,925 229.249 18 Defeyred income- Group and Charhy 2025 2024 Other defarred income 197,846 122,451 Daferrèd incomè is induded in the financial slalements as follthvs.. 2025 2024 Deferred income is induded within.. Current liabilities 197,846 122,451 Movements in the year. Defeired income at 1 April 2024 Released from previous periods Resour3 delerred in the year 122,451 1122.451) 197.846 97.621 197.6211 122.451 Defetsed In¢ome at 31 Marth 2025 197,846 122,451 19 RebTemgnt benefit schemes 2025 2024 Delined conl¥ibLrtion schemes Charge to profil or loss in rgspec of defined contribution schemes 17,567 16.5 The charity operates a defined contribution pension stheme for all qLAlfyiig empbyees. The essels ol the sGheme aTe held separalety from Ih95e of the charity in an Independtty adninilered luMI.
WIRRAL YOUTH ZONE TIA THE HIVE NOTES TO THE FINANCIAL STATEmErs (CONTINUEDI FOR THE YEAR ENDED 31 AIARCH 2025 20 Restricted funds- Group and Charity The restricted funds ol the Charity comprise the unexpended balances ol&)n*ons atxl grants hskj on trust subjerA to spe(ific ¢ondilions by donors as to they may be used. At 1 April 2024 Incoming ResoLYCg$ resources expended TraThsfer8 At 31 Mareh 2025 Cgpilal Medicash Cradle lo caer Gaming Fund l Million Hours Sports Eng18nd Onside Foundation John Lewis Prima Group Wirral CVS (Step Upl BaallS LFC Powér Up NSBC 4.564,187 {111.6241 13Q485) I37.381 (4,959) {3.7581 (46.221) 18.476) {1Q,800) (8.3201 (9,)0} {7,144> {5,4031 4.452.5e3 13.285 43.750 20.218 16.825 4.959 3.758 337 46.221 8.476 12.392 9,0(M) 1.592 680 9,580 5.850 2,436 447 4.598.205 156.511 1284,0701 337 4.470.983 Previous year: At 1 April 2023 Incoming rèsources Resowces e4knded Transfers At 31 Ilarch 2024 Capit81 Football Fovndation Boxiro Spring HAF Cradle lo Career WBC Househokl Support On& Wirr81- Digital Indusion Arts & Enterprise Fund Kitchen Fil Out HAF SLSmm6r Fund Summer HAF +13 Household Fund Gaming Fund l Million Hours HAF Chrislrnas Sports England Winter Holiday HurYJer Grant- Onside Winter 23 Househ(>bJ Fund Easter HAF NHS Cadets Onside Foundation John Lewis Burbèiry 4,680.842 1.323 213 20 16.682 (116,6551 {1,3231 12131 120) 13Q5421 120> (1.649) 1469) 4,564,187 16,825 20 1.649 11,507 720 10,371 9.655 2.030 11,274 111.50T) 112DI 110,3711 (4,6) (2,030) (7.5161 4,959 3.758 12.964 15,988 4,060 112.9641 115.9881 {4,060} (5.000) 113,787) (£,2191 110.0(XJ} 13.787 14.695 io.o(KJ 8.476 4,699,549 314.167 1415,5111 4.598.205 31
WIRRAL YOUTH ZONE TIA THE HIVE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 21 UnrBslrided fundB- Group The unreslrrcted funds of thè (arily comtHise the unexpÈnded balancè$ of donaiions and grants which arè not subject to speryfic condits'ons by donors and granttsrs as tts how theymay be usd. These indude desi9nated fund5 which hav¢ been sel aside out ol UnreStted fundsty the tfuslees lor speafic purposos. At 1 Aprfl 2024 Incomlng resourc&s Resources xPth Transfèrs At 31 March 2025 Geneial fund3 407.984 1,171.017 11,173.W4) 133n 404,860 Previous y$ar- At 1 April 2023 Incoming Resourc resotsrces expended Transfers At 31 Marth 2024 General funds 382,074 1.141.347 11.115.437) 407,984 Unrèstricted fvnd$- Charlty At 1 April 2024 Incomlng resourtss Resowces eXnId Transfers At 31 March 2025 General funds 408,455 1.124.548 {1.133.144) 399,859 Previou¥ year.. At 1 Aprll 2023 Incomin9 Resowce$ resources exysdèd Transfers At 31 Mar¢h 2024 G&neral funds 382.547 1,075.965 {1,[0.co7> 408,455 22 Analy?Is of nèt assets between funds- Group Unrestrioted Restri¢ted funds 2025 Total 2025 2025 At 31 March 2025.. Tangible assets CurrEllt assetsllliabilitiesl 4.452.558 18.425 4,452,558 423,285 4.470,983 4.875.843 -32-
WIRRAL YOUTH ZONE TIA THE HIVE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 22 Analysis of net assels befven funds- Group Iconlinuedl Unr¢slriGfed R•stri¢tsd fund$ 2024 Totsl 2024 2024 At 31 March 2024.. Tangible assets Cuent assetsllliabih"ties> 4.564,181 34,024 4,564,181 442,008 407.984 407.984 4.598,205 s.0[,189 Analysls of net ats bgtW88n lunds- Charlty UnTeslri¢ted fvrKIs Restrictsd funds Total 2025 2025 2025 At 31 March 2025: Tangib16 assets Current asSe1(lI3b1lI1lesI 4,452,558 18,425 4,452.558 423.756 405.331 405.331 4,470,983 4,876,314 unStrted fvnds Re¥tricted funds Totsl 2024 2024 2024 At 31 March 2024.. Tangible 885et5 Cuiient asselsllliabilities) 4.564.187 34.019 4.564,187 442.474 408,455 408,455 4,5982C S,006,1 -33-
WIRRAL YOUTH ZONE TIA THE HIVE NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED> FOR THE YEAR ENDED 31 MARCH 2025 23 Related party Ifansactions Tran$#ctions wlth related parties Duiing the year the charity entered into the follo%Mng transaclions wth rdated parties.. Peter Bibby, a trustee al Wrr41 Yovth Zone. provides (x)nsu]iancy sewices to NaSe5tar Llterf TIA British Bespoke workwear. In the year. the company Pfowded goods in the ftlni of stafi unifonrts lotalling £82112024 £2,040) Durin9 lh6 year the charity receNed donations whith in total amourlel to £160.000 12024 - £50,000) Fmm various trustees of the tharity, Iheir assooated foundations or from iyjrryaries in which they have signifranl control. 24 Cash gènèrated fffom operatlons- consolid4tsd 2025 2024 Defiol lor Ihe year {130.34n (75.4341 Adjustments for.. Depreciati(In 8nd Impairment of tsngible fixed assets 111.K24 11 $,655 Movements in wothing capital.. De¢ase in stod(5 {Inereasel in debtors {Decieasel in creditors Increasè in deferred income $47 (33,17Ql (22.8981 75,395 253 {69,3431 {19.4291 24.830 C•$h generated fromllabsorbed by) operatlons 1.151 {22,4681 25 Ca$h genfjyated from operations- charity 2025 2024 DeficAI for the year 1131.34n 175,4351 Adjustments lor Depreaalion and irnpairment ol tangible fixed assets 111.624 116,655 Movements in working capital.. {Increase} in debtors {Decreasel In creditors Inuease in defeired income 133.136) 119.719) 73.395 178.1231 119,840) 24,830 Cash goneraied fromllabsorbed by} oporations 817 131.9131 26 Analy515 of changes in nptfunds The charity had no material debt during Ihe year.