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2021-03-31-accounts

Registered number: CE006569 Charity number: 1166873

YOUNG MANCHESTER

TRUSTEES’ REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2021

YOUNG MANCHESTER

CONTENTS

Page
Reference and administrative details of the charity, its trustees and advisers 3
Trustees’ report 4
Independent auditor’s report 19
Statement of financial activities 22
Balance sheet 23
Statement of cash flows 24
Notes to the financial statements 25 - 41

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YOUNG MANCHESTER

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2021

Trustees

Ms Sarah Klueter (Chair) Mrs Simone Finegan Ms Angela Harrington Mr George Whalley Mr Chris Oglesby (resigned 19 November 2020) Mrs Katharine Vokes (appointed 19 November 2020) Mr Tom Russell (resigned 19 November 2020) (Cllr) Mr Luthfur Rahman Mr Bounty Vegan (appointed 19 November 2020) Ms Roukagia Afan (appointed 19 November 2020) Mr Dan Lawes (appointed 19 November 2020) Mr Furqan Naeem (appointed 19 November 2020)

Key Management Personnel

Mr Justin Watson (Director) Ms Imogen Gregg-Auriac (Head of Partnerships) Mrs Faye Turner (Head of Finance)

Company registered number

CE006569

Charity registered number

1166873

Registered office

Centurion House, 129 Deansgate, Manchester, M3 3WR

Principal operating office

Centurion House, 129 Deansgate, Manchester, M3 3WR

Independent auditor

Crowe UK LLP, 3[rd] Floor, The Lexicon, Mount Street, Manchester, M2 5NT

Bankers

The Co-operative Bank, PO Box 250, Skelmersdale, Lancashire, WN8 6WY

Solicitors

Addleshaw Goddard, 1 St Peters Square, Manchester, M2 3DE

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YOUNG MANCHESTER

TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2021

The Trustees present their annual report together with the audited financial statements of the charity for the year 1 April 2020 to 31 March 2021. The Trustees confirm that the Annual Report and financial statements of the CIO comply with the current statutory requirements, the requirements of the CIO’s governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) as amended by Update Bulletin 1 (effective 1 January 2015).

Objectives and Activities

(a) Policies and objectives

Manchester is a young, vibrant, globally-connected city. Over 40% of the population is under 35. Manchester is booming and yet 1 in 3 children live in poverty and austerity measures have impacted heavily on youth and play provision across the city.

Our long-term goal is to make Manchester a world-class city for children and young people, where they are safe, happy and healthy and are able to realise their full potential and prosper from the city’s economic growth.

The objectives of the charity are to act as a resource for young people aged 5 to 19 (25 for young people with additional needs) living in Manchester by providing advice and assistance and organising programmes of physical, educational and other activities. By doing this the charity aims to help young people:

(b) Main activities undertaken to further the charity’s purposes for the public benefit

The Trustees discharge their obligations by making grants to charities and not-for-profit organisations which improve the lives of young people and meet the charity’s objectives. The Trustees look to place funds where they can make a real and measurable impact to the lives of young people.

Social action – such as volunteering, fundraising and campaigning - provides an opportunity for young people to give back to their communities whilst improving their own skills.

Young Manchester is working to embed social action at the heart of the youth and play services in Manchester. The City of Social Action project is currently underway, in partnership with the #iwill fund, and is committed to making social action business as usual for organisations working with children and young people in Manchester. The City of Social Action will provide a platform for young people and organisations to shout about youth social action, youth voice and youth led projects, centring young people making change in their communities.

Public Benefit

The Trustees confirm that they have referred to the Charity Commission’s guidance on public benefit when reviewing the Trust’s aims and objectives and planning future activities.

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TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Grant Making

The charity furthers its charitable purposes for the public benefit through its grant-making approach which aims to:

Manchester is a city of considerable diversity of need, opportunity and people. There are many groups of children and people who are disadvantaged by poverty, inequality, social and physical exclusion. We believe that our grant making should enhance equality of opportunity and challenge to ensure all children and young people across the city have improved life chances.

We aim to support organisations, projects and activities that enhance the equality of opportunity.

Young Manchester recognises that it has a duty to put in place strong safeguarding policies and procedures to protect children and young people according to legislation with regard to beneficiaries, trustees, staff and volunteers. The charity is committed to ensuring that all grant recipients understand and are aware of this duty and must, where relevant, have in place a safeguarding policy that is in line with current legislation and best practice, and procedures for dealing with issues of concern or abuse towards the prevention of risk.

Achievements and performance

The year ending March 21 was one of extreme and unprecedented challenge both for Young Manchester and the whole youth and play sector along with the children and young people it supports. Young Manchester has risen to the challenge of supporting the youth and play sector and wider networks in order to play our part in supporting outcomes for children and young people. Networks and partnerships have been key to keeping the sector informed during the ever changing restrictions. They have also been expanded with more opportunities for the youth and play sector being established. Overall, there have been four main achievements:

  1. With the support of our funding, partners report engaging around 10,000 children and young people through a range of delivery methods. The context of pandemic response drove partners to prioritise engaging children and young people

  2. We have supported the sector during the year through creation of the Creative Engagement Partnership for Young People, continued sharing of information and updates along with signing up to the London Funders response to COVID-19.

  3. We have secured significant new investment in children and young people and the organisations that support them youth and play work in Manchester totalling over £790k in the year alone

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TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

  1. We have secured significant new investment to support children and young people in 2021/22 and beyond, including specific support for young people’s mental health coming out of COVID, tackling violence impacting on young people and a substantial new partnership fund to increase collaboration and impact across the VCSE sector.

Youth & Play Fund

The largest of the funds that Young Manchester commissions is the Youth and Play Fund. This fund is a partnership between Young Manchester, Manchester City Council, the #iwill Fund and Curious Minds, totalling £1.7m for the year ending March 2021, with £1.6m assigned to direct grants to partners. This fund builds on previous investment and our partnership continued to provide foundation funding to the voluntary and community sector in order to provide a varied offer of universal youth and play for children and young people across the city in a number of forms due to the restrictions imposed by Covid-19.

This fund comprises several elements, universal youth and play, arts provision and investment in infrastructure strategic leadership.

Youth and Play

The youth and play fund was designed with particular areas of focus which included; supporting quality, driving inclusion, strengthening partnerships and placing children and young people’s voice and experience at the heart of services.

COVID-19 has presented a profound challenge to the youth and play sector including a significant reduction in scope to engage children and young people with the lack of face to face interaction. However, we are proud to report that, over the last 12 months, achievements included:

Strategic Leadership

Alongside the Youth and Play Fund, Young Manchester commissioned the Strategic Leadership Fund. This is a fund administered by Young Manchester on behalf of Manchester City Council and Curious Minds totalling

£110k over the 12-month period to March 2021. This fund supports VCSE infrastructure supporting capacity building in key areas of practice including detached youth work and play.

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TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Holiday Playscheme

The Holiday Playscheme Fund was designed to complement the all year round play provision offered in Manchester. The aim of this grant scheme was to give children and young people the opportunity to play during the school holidays whilst providing them with access to healthy meals. The Programme supported by Young Manchester formed part of a city-wide approach to the summer, and benefitted from partnership with Kelloggs and FareShare.

The playschemes offered a space for many children to interact with their peers after months of staying indoors; a place for fun indoor and outdoor activities and develop their confidence, whilst also being safe. Our partners provided 1-2-1 support to children with additional learning and behaviour needs and spoke to the children individually and within groups about their experience of the lockdown.

Providing the Holiday Buzz playschemes during the pandemic was particularly important because of the strain of the pandemic put on the low-income households.

Young Manchester was able to support 15 projects over the summer with at least 955 children and young people benefitting from this provision.

Overall, the funding has been able to demonstrate the importance of holiday playschemes in contributing towards the development of children’s confidence, self-esteem as well as positive mental health whilst addressing an important gap in terms of holiday hunger.

Thrive Grants Programme

Following the success of the Thrive grants programme in 19/20, Young Manchester was able to secure further funding from Manchester Health and Care Commissioning totalling £250k in March 2020 on top of the £319,613 secured for the period 1st October to 31st March 2021 to give a total fund value of £569,613. The Thrive Grants Programme aims to improve the mental health and wellbeing of children and young people aged from 5-18 years old (or up to 25 years old for those with additional needs).

The objectives of the grant scheme are:

Due to the oversubscription of the initial tranche of funding, it was agreed that the subsequent funding would be awarded to suitable grantees who had missed out on the initial bid. 8 further programmes have been funded with a range of interventions including mentoring, sports and arts provision all with relevant adjustments to ensure compliance with Covid-19 restrictions. Programmes are well underway and early indications are that this is a valuable complement to the clinical offer in the city.

Highlights from this programme include

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TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Strengthening Universal Services to Support Children and Young People with SEND Fund

Since the initial collaboration in July 2019 between Young Manchester, Manchester City Council’s SEND Local Offer team and GMYN to form a partnership to achieve a joint aim of strengthening universal services to support children and young people with Special Educational Needs and Disabilities (SEND), significant strides have been made towards strengthening the universal youth and play sector to support children and

young people with SEND through developing a number of initiatives including a training and support package for the sector and a small grants fund to pilot new innovative projects.

There were three key objectives to this partnership:

Drawing on the success of the programme in the year ending March 2020, Young Manchester and the SEND Local Offer team developed a further programme of play activities and opportunities for children and young people with SEND and SEMH to access across the city throughout the school holiday periods (summer, February half term and Easter) to continue to achieve our joint aim of strengthening universal services to support children and young people with SEND and SEMH.

COVID-19 has presented huge challenges to children, young people and families in Manchester, and it has been a particularly difficult for parents and carers of children with additional needs. Therefore, activities were developed in close consultation with the Manchester Parent Carer Forum to ensure the programme met their expectations and needs.

Key achievements have included:

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TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

This work is further strengthened by infrastructure support, including by convening a sector wide inclusion and access group.

Keeping Children and Young People Safe Fund

The purpose of the Keeping Children and Young People Safe Fund is to explore and evidence approaches to tackling violence which impacts on young people, including the development and enhancement of current youth and play work practice. The fund seeks to build on current work, harnessing quality practice and development across the youth and play sector, with the aim of creating a long-term viable proposition for attracting further investment and long-term outcomes for children and young people.

Following the success of the initial round of commissioning in the period 1[st] October to 31[st] March 2020, a further £182,000 was received from Manchester Community Safety Partnership to continue the programme which engaged the voluntary, community and social enterprise sector over the period of 1[st] July 2020 to 31[st] March 2021.

This Fund has been a critical support throughout the lockdown periods for children and young people engaged through street based detached youth work. Highlights have included

Creative Engagement Partnership for Young People

The Creative Engagement Partnership for Young People was created in response to the COVID 19 pandemic and sought to bring together organisations providing outstanding opportunities for children and young people in Manchester through youth work, play, arts, culture, heritage and sport.

The partnership is focused on addressing three core challenges for the youth sector

Fourteen work steams were established, led by both Young Manchester and youth and play partners which included: online platform; digital youth work and safeguarding; tools and resources; arts sector/youth sector exchange; referrals and crisis support; communications; inclusion and access; funding and fundraising; leadership development and support; staff wellbeing; learning, legacy and future proofing; new projects; detached youth work; holiday provision.

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TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Initial investment by Manchester City Council of £40,000 led to Young Manchester securing match funding of £10,000 from Curious Minds along with significant donations in kind with a commercial value of £298,250 for the youth and play sector.

Key achievement have included:

Holiday Activities and Food Fund

Young Manchester was able to secure Holiday Activity and Food investment from Manchester City Council totalling £74,744 in order to enable the VCS youth and play sector to support children and young people who experience holiday hunger and a holiday experience gap.

The fund was commissioned over the Easter 2021 holiday period with the following key achievements:

Digital Futures Fund

Young Manchester has secured investment from Cisco and The Princes Trust for Digital Futures, an innovative programme tackling unemployment, and the skills gap. Digital People’s success relies on engaging those who need it most, from groups who have traditionally been unable to access digital careers and is designed around the needs and assets of the learner.

The programme runs from January 2021 to January 2022 with a total contribution from The Prince’s Trust of £198,890 along with in-kind match contribution from Cisco by way of learning delivery, project management, resources, premises and communications to the commercial value of £144,000.

The programme is being run in partnership with HIVE Digimakers, Greater Manchester Youth Network along with other Manchester partners

The programme looks to reach 120 young people in 3 cohorts throughout the year.

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TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Mental Health Fund

New funding for the sector of £345,000 has been secured from Manchester Health and Care Commission to support the VCSE to mitigate the impacts of the pandemic on children and young people’s mental health and wellbeing.

This fund will be launched and commissioned in the financial year ending March 22.

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TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Financial Review

(a) Going concern

The Trustees have assessed the ability of the Charity to continue as a going concern, considering events and conditions that may cast significant doubt upon its ability to do so for the period to March 2023.

Based on its appropriate enquiries the Trustees are satisfied that, at the time of their approval, the Charity has a strong and ambitious plan in place to secure the long term future of the charity.

The repositioning of the charity as a membership organisation supports this plan, with significant external engagement with partners and funders in January 2022 following the formal launch of our membership offer. This work will build on solid foundations already established, including a strong and robust network of local and national supporters and stakeholders, including funding partnerships which the charity will seek to develop and grow.

The organisation has clear fundraising plans in place, delivering a range of income generation tactics, exploring new fundraising opportunities (including community fundraising and consortium projects) and dedicated staff to undertake this work going forward, including recruitment to a Head of Development and Partnership role which will lead on new project and programme development, and work closely with the CEO on income generation.

The Trustees have ambitious plans for the Charity, supported by a renewed vision of the role of Young Manchester in the city and clearly identified needs of the VCSE sector, and children and young people themselves. The Charity’s mission is more critical than ever, framed by the challenges of further reductions in public sector funding and COVID-19, and the Charity is well positioned to respond to these challenges, secure further income and continue to make a difference in the lives of children and young people in Manchester.

With a new CEO in place, and strong partnerships locally and nationally, the Trustees are confident that the future of the Charity is secure and that significant funds will be raised in the coming period. Consequently these accounts have been prepared on a going concern basis.

(c) Review of 2020/21 performance

The effect of the Covid-19 pandemic on Young Manchester alone for the year ending March 2021 relates to our ability to secure further core funding. Although good progress has been made, as discussed below, this has been severely impacted in the year.

The main impact and work which follows relates to Young Manchester partners, as discussed throughout this Trustees’ report.

Overall net deficit for the year ending March 21 totals £129k, with £108k of this deficit relating to restricted reserves and the remaining £21k being in unrestricted reserves. The deficit on restricted reserves is due the timing of receipt of grant funding and distribution to beneficiaries.

Although the effects of the Covid-19 pandemic have severely impacted our ability to raise further core unrestricted funding in the year, a concerted effort to reduce overhead costs in the year coupled with progress in securing new funding, as outlined below, has allowed us to maintain a strong unrestricted reserves position at March 21.

For the year ending March 2021, Young Manchester has made significant progress in attracting new restricted funding. New income, which was not secured at the start of the financial year, of over £700k has been achieved, £300k of which relates to donations in kind secured as part of our digital inclusion work.

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TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Young Manchester has also secured unrestricted income in the year of £234k which has helped us maintain a strong unrestricted reserves position at March 2021.

New funding streams achieved in the year include:

Young Manchester has also secured significant donations in kind for the sector as noted below:

At the end of the financial year, Young Manchester also secured funding as noted below for which the recognition criteria were not met at 31[st] March and is held on the balance sheet.

In kind donations in the year for Young Manchester totalled £27.3k relating to the continuing office space supplied in kind by Bruntwood.

Reserves Policy

The charity’s reserves policy is to maintain a sufficient level of unrestricted reserves to enable normal operating activities to continue over a period of up to three months should a shortfall in income occur and to take account of potential risks and contingencies that may arise from time to time. The level of reserves required to cover normal operating activities over this period is calculated at £80K. The reserves used in the calculation only include unrestricted free reserves

In the year ending March 20, the Trustees were caused to reassess the reserves policy in light of the uncertainties brought about around securing future core funding due to the Covid-19 pandemic. At March 20, £127k, or 5 months running costs, was held in designated reserves as available to draw down in future periods should a shortfall in funding occur.

This prudent approach has proved wise due to the aforementioned difficulty in securing further core funding. At March 21 there has been a transfer from designated reserves of £28k which leaves £98k going into the next financial year.

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TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

The trustees believe that, due to the continuing uncertainties over future core funding and the full extent of the pandemic yet to be established, holding these designated reserves, which equates to just under 4 months running costs at March 2021 is a prudent approach.

The designated reserves will be available to draw down in future periods should a shortfall in funding occur and to mitigate any further impact of Covid-19.


to mitigate any further impact of Covid-19.
Unrestricted Reserves
£		 Designated Reserves
£
Reserves atMarch 2021 51,561 127,000
Reserve transfer to cover shortfall in funding in the
year and to secure reserves position.		 28,439 (28,439)
Final reserves atMarch 2021 80,000 98,561

The amount of restricted reserves held by the charity at 31 March 2021 stood at £1,020,441.

Structure, governance and management

(a) Constitution

Young Manchester is a registered charity, number 1166873, and has the form of a Charitable Incorporated Organisation (CIO). The governing document of the charity is a constitution dated February 2016.

In the event that the charity is wound up, the Trustees of the charity have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.

(b) Method of appointment or election of Trustees

The management of the CIO is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.

New Trustees are appointed for a minimum term of two years by a resolution passed at a properly convened meeting of the existing Trustees. In selecting individuals for appointment, the charity Trustees have regard to the skills, knowledge and experience needed for the effective administration of the charity.

Manchester City Council may nominate and appoint two charity Trustees. The appointment of these Trustees must follow the same process as appointment of all other Trustees and each appointment must be for a term of three years. The Trustees appointed need not be a member of Manchester City Council.

New Trustees may be sought by open advertisement or targeted recruitment.

(c) Policies adopted for the induction and training of Trustees

All new charity Trustees are provided with a current version of the constitution, a copy of the charity’s latest Trustees’ Annual Report and statement of accounts and the last three sets of approved Board minutes.

Upon appointment to the Board, Trustees are expected to attend regular meetings, for which the papers are usually submitted a week in advance.

The constitution provides for a minimum of three to a maximum of ten Trustees.

(d) Pay policy for senior staff

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TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

All Trustees give of their time freely and no Trustee received remuneration in the year. The pay of the senior staff is reviewed annually by the Board of Trustees by benchmarking against industry standards.

(e) Organisational structure and decision making

At the Trustees’ meetings, the Trustees agree the broad strategy and areas of activity for the charity, including consideration of grant making, match funding, reserves and risk management approach and performance.

The day-to-day operation of the charity is delegated to the Director.

(f) Risk management

The Trustees have assessed the major risks to which the CIO is exposed, both in normal operating conditions and those risks created due to the Covid-19 pandemic. The risks are reviewed on a bi-monthly basis by the Risk and Finance Subcommittee and reported bi-monthly to the full board. The Trustees are satisfied that systems and procedures are in place to mitigate our exposure to the major risks, in particular those related to the operations and finance of the CIO.

Young Manchester’s most significant risks and mitigating actions are set out in the table below:

Risk Mitigating Actions
Failure to secure ongoing restricted funding
to cover operational costs.		 The charity has formed strong relationships with funders
and have a proven track record for successful delivery.
Changes to local authority commissioning will significantly
impact on our core budget, requiring further engagement
with a diverse range of funders and supporters supported
by a new fundraising strategy, as well as project
development and communications and marketing work.
Reduction in effectiveness and impact of
team and organisation, reduction in health
and wellbeing of staff.
This is an ongoing concern due to Covid-
19. Constraints on the working environment
and other challenges created by the
pandemic places strain on staff wellbeing.		 The charity offers as much flexibility as possible with
regards working patterns which best fit around home
commitments.
A work, practice and wellbeing paper has been shared with
the team which addresses wellbeing issues and what can
be done to alleviate stress felt due to the pandemic.
Clear team and individual objectives.
Regular one-to-one sessions.
Team building activities.
Work plans in place for each team member so work can be
shared should one staff member be unavailable for a period
of time.
A safeguarding incident occurs within a
project funded by Young Manchester.		 Safeguarding is embedded in Young Manchester’s
commissioning processes including due diligence review of
partners safeguarding policy prior to funding along with on-
going monitoring.
Young Manchester is looking to lead in this area and
ensure all partners are properly trained with compulsory
training and safeguarding conference attendance.

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TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Plans for future periods

Young Manchester remains committed to maintaining our ambitions for children and young people in the city, ensuring that our values and principles shine through, and that Manchester is the best place for children and young people to grow up.

The Covid-19 pandemic has made Young Manchester review the initial strategy which was put in place for 20/21 in order to react quickly and effectively to the significant impact this has had on the youth and play sector. We needed to re-prioritise our aims and ensure that we are meeting the long-term needs of the sector and children and young people.

Changes to local authority commissioning have led to a further review of Young Manchester’s strategy in the long-term, and approach to partnership, grant making, sector capacity building and fundraising.

However, alongside the significant change in local context the charity continues to develop a range of local, regional and national partnerships focused on increasing outcomes for children and young people through investment, capacity building and youth voice.

Key priorities will be:

  1. Transformation to a membership model – following consultation with partners and key stakeholders, we will be seeking to formalise our partner engagement, support and collaboration work through the establishment of a membership offer and related structure at Young Manchester.

  2. Sector leadership and support – we will ensure that our offer meets the needs of the VCSE sector, and places them at the heart of our work (including decision making and governance), focusing on building capacity and sustainability of the sector, especially following the impact of Covid-19

3. Legacy - We will place specific emphasis on the ‘next phase’ of the crisis, and what this means for the youth and play sector and for children and young people. This will include ensuring learning informs future work, supporting wider strategic work towards ‘Building Back Better’, and support the next phase of delivery of services as lockdown restrictions change.

4. Delivery of current funding - We will ensure current funding is spent well, and the sector is supported to make the impact needed, including aligning current funding to wider opportunities. We will engage with partners to support adaptations to planned delivery and meets the evolving needs of children and young people.

  1. Income Generation - Key to all our work will be income generation, both securing core funds for Young Manchester and significant further investment in youth and play provision across the city. This priority is even more significant in the current context.

6. Systems - We will invest in Young Manchester's systems and processes to allow us to better meet the needs of funders and partners, and build a solid foundation for further growth (including project management systems and a grant management system).

7. Youth voice – we will focus on ensuring that Young Manchester is genuinely supporting young people to shape the charity, including through our board of trustees, our staff team and our social action programmes

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Trustees’ responsibilities statement

The Trustees are responsible for preparing the Trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Charity law requires the Trustees to prepare financial statements for each financial year. Under charity law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the CIO and of the incoming resources and application of resources, including the income and expenditure, of the CIO for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the CIO’s transactions and disclose with reasonable accuracy at any time the financial position of the CIO and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the CIO and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Disclosure of information to auditor

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

This report was approved by Trustees on 19.1.22

and signed on their behalf by:

George Whalley, Treasurer Young Manchester

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INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF YOUNG MANCHESTER

Opinion

We have audited the financial statements of Young Manchester (the ‘charity’) for the year ended 31 March 2021 set out on pages 19 to 21. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘the Financial Reporting Standard applicable in the UK and Republic of Ireland’ (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Use of our report

This report is made solely to the charity’s members, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s members those matters we are required to state to them in an Auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its members, as a body, for our audit work, for this report, or for the opinions we have formed.

Conclusions relating to going concern

We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:

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INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF YOUNG MANCHESTER

Other information

The Trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Auditor’s report thereon. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

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

Responsibilities of trustees

As explained more fully in the Trustees’ responsibilities statement, the Trustees (who are also the directors of the charity for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

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

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue and Auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

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YOUNG MANCHESTER

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF YOUNG MANCHESTER

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditor’s report.

Crowe UK LLP

Statutory Auditor

3[rd] Floor The Lexicon Mount Street Manchester M2 5NT

Date: 27th January 2022

Crowe UK LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.

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YOUNG MANCHESTER

STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021

Notes
Income from:
Donations and
legacies
2
Charitable activities
3
Total Income
Expenditure on:
Grants awarded
4
Direct costs
5
Support costs
5
Total expenditure
Net
income/(expenditure)
Transfer between
funds
Net movement in
funds
Total funds brought
forward at 1 April
2020
14
Total funds carried
forward at 31 March
2021
14		 Unrestricted Funds
Unrestricted
Funds
£
Designated
Funds
£
Restricted
Funds
£
Total
2021
£
Total
2020
£
27,324
-
313,850
341,174
37,554
206,367
-
2,263,848
2,470,214
3,017,808
233,691
2,577,698
2,811,388
3,055,362
-
-
2,573,211
2,573,211
3,098,853
155,655
-
85,309
240,964
235,693
120,717
-
5,366
126,083
147,386
276,372
-
2,663,886
2,940,258
3,481,931
(42,681)
-
(86,189)
(128,870)
(426,569)
50,654
(28,439)
(22,216)
-
-
7,973
(28,439)
(108,404)
(128,870)
(426,569)
72,027
127,000
1,128,845
1,327,872
1,754,441
80,000
98,561
1,020,441
1,199,002
1,327,872

The notes on pages 25 to 41 form part of these financial statements.

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YOUNG MANCHESTER

BALANCE SHEET Registered number 1166873 AS AT 31 MARCH 2021

Notes
Fixed assets:
Tangible assets
10
Current assets:
Debtors
11
Cash at bank and in hand
Creditors:
Amounts falling due within one year
12
Net current assets
Total assets less current liabilities
Funds
Unrestricted funds
14
Designated funds
14
Restricted funds
14
Total funds		 2021
£
179,286
2,396,992		 £
1,199,002		 2020
£
451,814
1,031,142		 £
-
1,327,872
2,576,288
(1,377,276)		 1,482,956
(155,084)
1,199,002 1,327,872
80,000
98,561
1,020,441		 72,027
127,000
1,128,845
1,199,002 1,327,872

The Trustees acknowledge their responsibilities for complying with the requirements of the Charities Act 2011 with respect to accounting records and the preparation of financial statements.

The financial statements were approved and authorised for issue by the Trustees on 19 January 2022 and signed on their behalf by:

The notes on pages 25 to 41 form part of these financial statements.

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YOUNG MANCHESTER

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2021 CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2021 CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2021
2021 2020
Notes £ £
Cash flows from operating activities
Net cash (used in)/provided by operating activities (a) 1,365,850 (247,552)
Cash flows from investing activities:
purchase of tangible fixed assets -
Change in cash and cash equivalents in the year 1,365,850 (247,553)
Cash and cash equivalents at the beginning of the year 1,031,142 1,278,694
Cash and cash equivalents carried forward at 31 March 2020 (b) 2,396,992 1,031,142
Note (a)
Reconciliation of net income/(expenditure) to net cash flows from operating activities
2021 2020
£ £
Net income/(expenditure) for the year as per the Statement of Financial (128,870) (426,569)
Activities
Adjusted for:
Depreciation - 3,274
(Increase)/decrease in debtors 272,529 94,652
Increase/(decrease) in creditors 1,222,191 81,090
Net cash provided by operating activities 1,365,850 (247,552)
Note (b)
Analysis of cash and cash equivalents
2021 2020
£ £
Cash at bank and in hand 2,396,992 1,031,142

The charity did not hold any overdraft or loan facilities nor finance lease obligations at the start or during the period covered by these accounts or in the previous accounting period.

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YOUNG MANCHESTER

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) effective 1 January 2015 – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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

1.2 General information

The charity is a Charitable Incorporated Organisation (CIO) and is registered in England and Wales. The charity number is 1166873. The members of the company are the Trustees named on page 1. The principal office is 129 Deansgate, Centurion House, Manchester M3 3WR.

The purpose of the CIO is to act as a resource for young people aged 5-19 (25 for young people with additional needs) living in Manchester by making grants to charities and not-for-profit organisations which improve the lives of young people and meet the charity’s objectives.

1.3 Going concern

The Trustees have closely assessed the impact of Covid-19 on Young Manchester’s ability to continue as a going concern and have concluded that the charity has adequate resources to continue in operational existence for the foreseeable future.

It is the view of the trustees that Young Manchester is well placed to secure further income, develop new programmes of work and continue to deliver our core work beyond March 2022.

The budget proposed for 2022/23 reduces our costs, and alongside modest levels of income generation will see the charity in good financial health until at least Summer 2023.

For these reasons, they continue to adopt the going concern basis in preparing the financial statements and do not consider there to be a material uncertainty in relation to going concern.

1.4 Income

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

Donated services or facilities are recognised when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the charity of the item is probable and that economic benefit can be measured reliably.

Donated goods are recognised at their fair value in stock at the time of receipt and then recognised as expenditure when distributed to beneficiaries.

On receipt, donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent

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YOUNG MANCHESTER

economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

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YOUNG MANCHESTER

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES (continued)

1.5 Expenditure

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

Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management.

Governance costs are those incurred in connection with the administration of the charity and compliance with constitutional and statutory requirements.

1.6 Tangible fixed assets and depreciation

All assets costing more than £500 are capitalised.

1.7 Debtors

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

1.8 Cash at bank and in hand

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

1.9 Liabilities

Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

1.10

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

1.11 Pensions

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

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YOUNG MANCHESTER

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES (continued)

1.12 Fund accounting

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

The Trustees may set aside funds as being designated for particular purposes. These funds are shown as designated funds within the reserves.

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

1.13 Operating leases

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessees are charged to the Statement of Financial Activities as incurred.

1.14 Critical accounting judgements and key sources of estimation uncertainty

In the application of the entity’s accounting policies which are described on pages 21 to 24, the Trustees are required to make judgments, estimates, assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects the current and future periods.

In the view of the Trustees, no assumptions concerning the future or estimation uncertainty affecting assets and liabilities at the balance sheet date are likely to result in a material adjustment to their carrying amounts in the next financial year

2. DONATIONS AND LEGACIES INCOME

. DONATIONS AND LEGACIES INCOME
Grants
Donations
Donations in Kind		 Unrestricted
Funds
£
Restricted
Funds
£
Total
2021
£
Unrestricted
Funds
£
Restricted
Funds
£
Total
2020
£
-
-
-
1,000
1,000
1,000
-
1,000
27,324
312,850
340,174
29,697
6,857
36,554
28,324
312,850
341,174
30,697
6,857
37,554

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

3. CHARITABLE ACTIVITIES INCOME

Grants:
Manchester City Council –
Youth & Play Fund
Manchester City Council –
Strategic Leadership
Manchester City Council –
Holiday Play Schemes
Kelloggs – Holiday Play
Scheme
Big Lottery Fund (#iwill) –
Youth & Play Fund
Curious Minds – Youth and
Play Fund 20-22
Wythenshawe Community
Housing Group – Youth & Play
One Manchester – Youth &
Play Fund
NHS Manchester CCG –
Thrive Grant
Manchester City Council-
Strengthening Universal
Services Fund (SEND)
Manchester City Council –
Keeping Children and Young
People Safe Fund
Manchester City Council –
Outdoor Learning and
Adventurous Activities Fund
Our Manchester Investment
Fund
Manchester City Council –
Partnerships Funding
Manchester University NHS
Foundation Trust – Thrive
Young Person Engagement
Manchester City Council –
Creative Engagement
Partnership
Curious Minds – Creative
Engagement Partnership
Greater Manchester Combined
Authority – Enhancing Delivery
Manchester City Council –
Holiday Activities and Food
The Prince’s Trust – Digital
People
Commissioning Income
Administration Income		 Unrestricted
Funds
£
Restricted
Funds
£
Total
2021
£
Unrestricted
Funds
£
Restricted
Funds
£
Total
2020
£
1,250,000
1,250,000
1,250,000
1,250,000
90,000
90,000
90,000
90,000
100,000
100,000
100,000
100,000
5,000
5,000
-
-
250,000
250,000
750,000
750,000
90,000
90,000
45,000
45,000

-
-
40,000
40,000
-
-
40,000
40,000
-
-
250,000
250,000
127,000
127,000
55,500
55,500
182,000
182,000
135,000
135,000
-
-
20,000
20,000
-
-
34,058
34,058
-
-
20,000
20,000
-
-
22,000
22,000
40,000
40,000
-
-
10,000
10,000
-
-
20,000
20,000
-
-
74,744
74,744
-
-
25,104
25,104
-
-
150,000
150,000
-
150,000
56,367
16,250
-
16,250
206,367
2,263,848
2,470,214
209,003
1,990,613
2,199,616

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

4. GRANTS AWARDED

. GRANTS AWARDED
Restricted Total Restricted Total
Funds 2021 Funds 2020
£ £ £ £
42ndStreet 63,340 63,340 55,000 55,000
4CT 273,889 273,889 434,034 434,034
Active Communities Network 3,468 3,468 - -
All Saints Primary School 1,145 1,145 - -
Armitage Primary School 1,145 1,145 - -
Arts With Heart - - 1,615 1,615
Barlow Moor Community Association 97,608 97,608 118,442 118,442
Barlow Moor Primary School 687 687 - -
Barnardos 13,480 13,480 28,481 28,481
Benchill Community Centre 8,500 8,500 9,905 9,905
Billy and Andy’s Music School 3,945 3,945 - -
Birchfields Primary School 1,832 1,832 -
Breakthrough UK 687 687 -
Bridgelea School - - 4,560 4,560
Brighter Sounds 14,889 14,889 13,394 13,394
Brook Young People 14,946 14,946 -
Burnage Academy School 6,870 6,870 -
Cedar Mount Academy - - 4,884 4,884
Centre for Youth Impact 6,678 6,678 - -
Chatterbox 13,740 13,740 -
CHS South School 7,099 7,099 -
City in the Community Foundation 10,560 10,560 5,000 5,000
Citywise 2,290 2,290 -
Collyhurst and Moston ABC - - 2,000 2,000
Communities For All 11,450 11,450 6,690 6,690
Communities on Solid Ground 31,373 31,373 17,625 17,625
Community Arts North West 2,632 2,632 -
Community Minded Limited - - - -
Contact 19,325 19,325 -
Co-Op Academy School 13,053 13,053 -
E-Act Academy 229 229 -
Emerge - - 2,858 2,858
Empowerment People 5,000 5,000 -
Ethnic Health Forum 4,580 4,580 -
EY Foundation 1,078 1,078 -
Faithlife Centre 9,160 9,160 -
GIFT 6,870 6,870 -
Gligan Fitness 229 229 -
GM Coalition of Disabled People 9,660 9,660 32,930 32,930
GM Youth Network 73,075 73,075 198,669 198,669
Great Places Housing Group 229 229 - -
Greater Manchester Combined Authority 5,000 5,000 -
Greater Manchester Poverty Action - - 16,580 16,580
Greenwich Leisure Limited 9,000 9,000 -
Groundwork MSSTT 52,279 52,279 108,000 108,000
Growth Company 14,885 14,885 -
Hideaway 600 600 -
Total Carried Forward 816,505 816,505 1,060,667 1,060,607

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

GRANTS AWARDED (continued)

RANTS AWARDED (continued)
Restricted Total Restricted Total
Funds 2021 Funds 2020
£ £ £ £
Total brought forward 816,505 816,505 1,060,667 1,060,607
Highway Hope 11,450 11,450
HIVE Digimakers 21,860 21,860
Holy Trinity 14,230 14,230
HOME 51,249 51,249 75,000 75,000
Inside Track Employment 13,740 13,740
Justlife 4,580 4,580
Ladybarn Community Centre 1,695 1,695
Lalley Cebtre 2,290 2,290
Levenshulme High School - - 5,000 5,000
Levenshulme Youth Project 10,312 10,312 5,402 5,402
Libraries, Galleries and Culture, MCC - - 4,000 4,000
M13 Youth Project 159,764 159,764 206,250 206,250
Mad Theatre 1,693 1,693 4,750 4,750
Making Education a Priority 5,954 5,954
Manchester Active 2,290 2,290
Manchester Carers Centre 458 458
Manchester Carers Forum 2,290 2,290
Manchester City Council 1,296 1,296
Manchester Communications 18,750 18,750 6,250 6,250
Manchester Deaf Centre 16,924 16,924 5,000 5,000
Manchester Enterprise Academy 2,290 2,290
Manchester Mind 687 687 9,000 9,000
Manchester Sanctuary 3,435 3,435
Manchester United Foundation 3,829 3,829
Manchester Young Lives 148,921 148,921 664,102 664,102
Manchester Youth Zone 311,760 311,760 186,400 186,400
MEaP Academy Community Education Centre 360 360
Millenium Powerhouse 95,454 95,454
Motiv8 3,435 3,435
Music Stuff 15,000 15,000 21,425 21,425
Nacro 50,000 50,000 53,650 53,650
Newton Poetry Group 3,435 3,435
N-Gage 55,088 55,088 104,100 104,100
North City Nomads 2,290 2,290
North Manchester Black Forum 2,290 2,290
Nurturing Foundations 2,275 2,275
Odd Arts 17,202 17,202 2,500 2,500
OMYOP 59,924 59,924
One Manchester 49,310 49,310
Outward Bound - - 2,223 2,223
Positive Steps Programme 458 458
Power 2 (Teens & Toddlers) - - 163,500 163,500
Rainbow Haven 687 687
Rainbow Surprise 5,725 5,725 7,974 7,974
Total Carried Forward 1,991,185 1,991,185 2,587,193 2,587,193

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

GRANTS AWARDED (continued)

Total brought forward
RAPAR
Reclaim
Reform Radio
Refugees and Mentors
Rethink Rebuild Society
SENDCode CIC
Simply Cycling
Sow The City
St John’s Ormside
St Matthews RC
Start Point
Stepping Stone
Stirling Centre
Street League
The Anson Cabin Project
The CofE Childrens Society
The Conservation Volunteers
The Edge
The Proud Trust
The Therapy Hub
Thrive Manchester
The TLM Centre
Uprising
Venture Arts
Wai Lin Society
Whalley Range Youth Alliance
Whitemoss Youth Club
William Hulme Grammar School
Winning Hearths and Mind
Women’s Voice
Wythenshawe Community Housing Grp
Wythenshawe Community Initiative
Wythenshawe Forum Trust
YES Manchester
YPAC
Z-Arts
Small training grants
Small event grants
Innovation and Development
Leadership Training
CISCO in Kind contribution to digital people		 Restricted
Funds
£
Total
2021
£
Restricted
Funds
£
Total
2020
£
1,991,185
1,991,185
2,587,193
2,587,193
11,450
11,450
-
-
39,435
39,435
20,000
20,000
480
480
8,000
8,000
1,385
1,385
-
229
229
-
7,080
7,080
5,000
5,000
4,200
4,200
6,000
6,000
15,000
15,000
-
-
4,600
4,600
229
229
11,450
11,450
11,450
11,450
4,580
4,580
13,405
13,405
13,405
13,405
4,323
4,323
10,000
10,000
13,198
13,198
13,198
13,198
-
-
2,423
2,423
-
-
5,000
5,000
92,853
92,853
72,153
72,153
6,870
6,870
2,500
2,500
-
-
3,433
3,433
-
-
15,000
15,000
8,300
8,300
5,658
5,658
-
-
37,016
37,016
73,900
73,900
4,580
4,580
2,290
2,290
4,580
4,580
687
687
212,366
212,366
203,162
203,162
7,037
7,037
10,000
10,000
300
300
4,580
4,580
838
838
2,499
2,499
16,946
16,946
9,123
9,123
4,587
4,587
3,693
3,693
-
-
19,279
19,279
-
-
11,792
11,792
17,544
17,544
14,600
14,600
2,573,211
2,573,211
3,098,853
3,098,853

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

5. EXPENDITURE ON CHARITABLE ACTIVITIES

Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds 2021 Funds Funds 2020
£ £ £ £ £ £
Direct costs:
Staff salaries and on costs 154,237 54,164 208,401 113,429 50,944 164,373
Recruitment - - - - 276 276
Marketing and events 1,018 4,414 5,432 - 6,239 6,239
Sponsorships 400 - 400 - 2,065 2,065
Consultancy 5,350 5,350 - 4,800 4,800
Academic evaluation 14,800 14,800 - 44,000 44,000
Database costs 5,664 5,664 - 5,664 5,664
New internal activities - - - 3,276 3,276
Consultancy costs - - - 5,000 5,000
Ambassador Programme 917 917 - - -
Total direct costs 155,655 85,309 240,964 113,429 122,264 235,693
Support costs:
Staff salaries and on costs 64,675 176 64,851 44,265 14,827 59,092
Office space/premises 34,140 - 34,140 33,463 - 33,463
Office running costs 7,716 - 7,716 11,509 - 11,509
Administration expenses 1,799 1,671 3,470 2,161 - 2,161
Travel and subsistence 646 - 646 4,607 4,607
Training (233) 1,791 1,558 - 6,242 6,242
Insurance 3,586 - 3,586 3,049 - 3,049
Digital communication 251 - 251 1,905 1,905
Professional fees 2,700 - 2,700 2,845 6,857 9,702
Governance 4,795 - 4,795 6,005 6,005
Marketing - 1,728 1,728 4,468 4,468
Irrecoverable VAT 642 - 642 1,909 1,908
Depreciation - - - 3,274 3,274
Total support costs 120,717 5,366 126,083 109,813 37,573 147,385
Overall expenditure 276,372 90,675 367,047 223,242 159,837 383,078

Governance costs above consists of auditors remuneration £4,795 (2020: £6,005).

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2021

6. EXPENDITURE

. EXPENDITURE
Expenditure includes:
Depreciation – owned assets
Auditors’ remuneration – for audit
For other services		 2021
£
2020
£
-
3,274
4,795
6,005
150
-
4,945
9,279

7. TRUSTEES

None of the trustees, nor persons connected with them, received any remuneration or other material benefits from the charity or any connected organisation.

8. STAFF NUMBERS AND REMUNERATION

Total Staff Costs:
Wages and salaries
Employer’s national insurance costs
Employer’s pension costs		 2021
£
2020
£
245,118
199,525
19,235
15,799
8,900
8,141
273,253
223,465

The average number of persons employed by the charity during the year was as follows:

Commissioning and partnerships
Administration and support		 2021
2020
7
5
2
3
9
8

Key management personnel consist of the Director, the Head of Partnerships and the Head of Finance. Total remuneration for key management personnel in the year was £146,816 (2020: £141,998).

The number of employees whose emoluments amounted to more than £60,000 during the year was as follows:

2021 2020
£60,001 - £70,000 1 -

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

9. ANALAYSIS OF TOTAL RESOURCES EXPENDED

MARCH 2021

MARCH 2021
Staff Costs Other Depreciation 2021
£ £ £ £
Grants awarded 2,573,211 - 2,573,211
Charitable activities:
Direct costs 208,402 32,562 - 240,964
Support costs 64,850 61,233 - 126,083
Total resources expended 273,253 2,667,006 2,940,258
MARCH 2020
Staff Costs Other Depreciation 2020
£ £ £ £
Grants awarded - 3,098,853 - 3,098,853
Charitable activities:
Direct costs 164,374 71,319 235,693
Support costs 59,092 85,019 3,274 147,385
Total resources expended 223,465 3,255,191 3,274 3,481,931

10. TANGIBLE FIXED ASSETS

Cost:
At 1 April 2020
Additions
At 31 March 2021
Depreciation:
At 1 April 2020
Charge for the year
At 31 March 2021
Net book value:
At 31 March 2021
At 31 March 2020		 Furniture and
Equipment
£
Total
£
5,894
5,894
-
-
5,894
5,894
5,894
5,894
-
-
5,894
5,894
-
-
-
-

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YOUNG MANCHESTER

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

11. DEBTORS

Debtors
Prepayments and accrued income		 2021
£
2020
£
101,000
448,495
78,285
3,319
179,285
451,815

12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Tax and National Insurance
Other creditors
Accruals		 2021
£
2020
£
7,276
7,778
22,885
15,144
1,266,446
65,243
80,670
66,920
1,377,276
155,084

13. DEFERRED INCOME

Deferred income At 1 April
2020
£
Deferred
£
Released
£
At 31 March
2021
£
65,000
81,272
(65,000)
81,272

Deferred income relates to income received from Manchester Health and Care Commission relating to our strategic partnership which had not met the criteria for recognition at 31[st] March 2021. This balance is included in other creditors.

14. OPERATING LEASE COMMITMENTS

At 31 March 2021 the charity had future minimum lease payments under non-cancellable operating leases as follows:

Within 1 year 2021
Office Space
£
2020
Office Space
£
4,200
1,750
4,200
1,750

35

YOUNG MANCHESTER

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

15. STATEMENT OF FUNDS

Unrestricted Funds
Designated Funds
Restricted Funds:
Seed Funding
#iwill Fund
Playschemes
Strategic Leadership
Thrive
Positive Engagement Programme
SEND
The Adventure Fund
The GROW Fund
Keeping Children & Young People
Safe
Our Manchester
Thrive Engagement Programme
Partnerships Funding
Creative Engagement Partnership
Equality, Diversity and Inclusion
Violence Reduction Fund
Holiday Activity and Food Fund
Digital Futures Fund
Young Peoples Foundation Grant
Donations in Kind		 Balance at
1 April
2020
£
Income
£
Expenditure
£
Transfers
£
Balance at
31 March
2021
£
72,027
233,691
276,372
50,654
80,000
127,000
-
-
(28,439)
98,561
288,945
-
52,296
(60,524)
176,125
308,526
1,570,000
1,435,860
-
419,140
-
105,000
88,421
-
16,579
20,392
110,000
112,516
-
17,876
413,886
-
234,973
-
178,913
12,003
5,000
(7,003)
-
12,307
127,000
99,115
-
40,191
2,275
-
2,275
-
-
8,515
(8,515)
-
1,899
182,000
190,902
7003
-
18,097
-
15,869
(2,229)
-
22,000
-
-
-
22,000
20,000
-
-
-
20,000
-
50,000
47,981
2,389
4,408
-
-
550
70,189
69,639
-
20,000
-
-
20,000
-
74,744
45,326
-
29,418
-
25,104
19,219
-
5,885
-
1,000
734
-
266
-
312,850
312,850
-
-
1,327,872
2,811,388
2,940,258
-
1,199,002

36

YOUNG MANCHESTER

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

Purpose of Restricted Funds

Seed Funding

This is funding provided to support Young Manchester to work towards achieving its charitable objectives via a number of areas, for example, business development and continuity, digital communications, match funding to attract new investment opportunities, marketing and events.

#iwill Fund

This funds youth and play with social action, delivered by neighbourhood and city wide Voluntary and Community Sector (VCS) partners to ensure children and young people aged 5-19 (up to 25 for care leavers and those with additional needs) have sufficient good quality access to youth and play services in their local areas and where the needs are greatest.

Playschemes

This fund complements the all year round play offer in Manchester. The funding aims to enable open access play activities, primarily over the summer and Easter holidays, with particular focus on: addressing gaps in provision; increasing the numbers of disabled children accessing universal play services; and increasing children’s opportunities to play outdoors. This is achieved through the delivery of play activities from the Voluntary and Community Sector in Manchester.

Strategic Leadership

This fund is used to support organisations who want to improve their strategic leadership – which will result in significant positive change at a local level.

Thrive

The purpose of the Thrive fund is to improve the mental health and wellbeing of children and young people with emotional health and wellbeing, mental health, learning disability and neuro disability challenges.

Positive Engagement Programme

The purpose of this fund is to engage young people in positive activities in their own environment and on their own terms, with the wider purpose of contributing to the reduction of youth ASB in key areas of the city and to enable young people to progress in to quality mainstream services, ensuring a sustained impact.

SEND

The purpose of this fund is to support pilot projects which demonstrate enhancement to the current provision/service to better accommodate children and young people with SEND to build confidence, reduce anxiety and increase independence. This is hoped to be achieved by: improving access to universal provision for SEND children and young people; increasing attendance of children and young people with SEND in universal provision; improving inclusivity of universal provision to support children and young people.

Adventure Fund

Along with the playschemes, this fund also complements the all year round play offer in Manchester. The funding aims to provide outdoor learning and adventurous activity opportunities for young people aged 8 – 19 years (up to 25 for those young people with a disability) primarily over the summer holidays. The funding aims to build resilience and a sense of adventure among children and young people

Keeping Children and Young People Safe

This fund is used to explore and evidence approaches to tackling violence which impacts on young people, including the development and enhancement of current youth and play work practice. The fund works towards the development of a city-wide strategy and theory of change.

37

YOUNG MANCHESTER

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

Our Manchester

Funding to pay for payroll and training costs of an associate from the 2027 programme. 2027 is a paid training programme that prepares brilliant professionals from working class backgrounds for decision making roles in the grant-giving sector.

Thrive Engagement Programme

The objective of this programme is to ensure that the voices and lived experiences of children and young people inform the development and delivery of the Thrive model in Manchester.

Partnerships Fund

The purpose of this fund is to strengthen partnership working in the youth and play sector in Manchester.

Creative Engagement Partnership

The Creative Engagement Partnership for Young People had the purpose of bringing together organisations providing outstanding opportunities for children and young people in Manchester through youth work, play, arts, culture, heritage and sport during the COVID-19 pandemic. The partnership is focused on addressing three core challenges for the youth sector: safety of young people, business continuity and business transformation.

Equality, Diversity and Inclusion Fund

This fund will be used in a number of ways in order to address the challenges which many children and young people face due to the barriers to their success which are based on deep-seated, structural inequality including racial injustice.

Violence Reduction Fund

The objectives of this fund is to invest in enhancing delivery for children and young people in Hulme, Moss Side and Rusholme. The work will specifically seek to: increase engagement by young people in conversations which explore their aspirations, skills and talents; increase the confidence of young people in having a say in the issues that affect and influence the decisions made about services in their community; increase mutual trust between young people and local service providers.

Holiday Activity and Food Fund

Alongside the universal playschemes funding, the purpose of the holiday activities and food fund is to tackle holiday hunger for children and young people in Manchester during school holidays through the provision of food and enriching activities. This funding is specifically aimed at reaching children accessing benefits relating to free school meals.

Digital Futures Fund

The purpose of this fund is to meet the ongoing need for digital skills among young people in Greater Manchester which has been exacerbated by the Covid-19 pandemic. A new model of human-centred training to equip young people who most need employment opportunities with the most in-demand digital skills, including software development, network engineering, cloud and cyber.

Young Peoples Foundations Grant

A grant awarded by the YPF Trust to be used on staff training, development and support in response to the added pressure created by the Covid-19 pandemic.

38

YOUNG MANCHESTER

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

16. SUMMARY OF FUNDS

Unrestricted Funds
Designated Funds
Restricted Funds:
Total Funds
Unrestricted Funds
Designated Funds
Restricted Funds:
Total Funds		 Brought
Forward
1 April
2020
£
Income
£
Expenditure
£
Transfers
£
Carried
Forward
31 March
2021
£
72,027
233,691
276,372
50,654
80,000
127,000
-
-
(28,439)
98,561
1,128,844
2,577,698
2,663,886
(22,216)
1,020,440
1,327,872
2,811,388
2,940,258
-
1,199,002
Brought
Forward
1 April
2019
£
Income
£
Expenditure
£
Transfers
£
Carried
Forward
31 March
2020
£
166,319
196,947
223,241
(67,997)
72,027
59,003
-
-
67,997
127,000
1,529,119
2,858,415
3,258,690
-
1,128,844
1,754,441
3,055,362
3,481,931
-
1,327,872

39

YOUNG MANCHESTER

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

17. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Unrestricted funds
Designated funds
Restricted funds		 Fixed Assets
£
Net Assets
£
Net Liabilities
£
Total
£
-
108,795
28,795
80,000
-
98,561
-
98,561
-
2,368,921
1,348,481
1,020,440
-
2,576,278
1,377,276
1,199,002

18. PENSION COMMITMENTS

The charity operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fund and amounted to £8,899.91 (2020: £8,140.72). There were no contributions payable at the year end.

19. RELATED PARTY TRANSACTIONS

The charity enjoys a close working relationship with the following entities through existing and former trustees. The nature of the relationships are as follows:

Bruntwood

Chris Oglesby is the CEO of Bruntwood and a was a trustee on the Young Manchester board until 19 November 2020. Kate Vokes is a Non Executive Director at Bruntwood and is a current trustee on the Young Manchester board.

Bruntwood have gifted the office space at Centurion House to Young Manchester, including phone and internet. All board meeting rooms are also provided free of charge.

All income noted from Bruntwood is treated as donations in kind. In the year, gifted office space provided by Bruntwood amounted to a market value of £27,324.

Manchester City Council (MCC)

Angela Harrington is a trustee for Young Manchester and also works for MCC as Head of Work and Skills. Councillor Rahman is the Executive Member for Schools, Culture and Leisure for MCC and is also a trustee for Young Manchester.

In the year ending March 2021, MCC provided the following funding to Young Manchester:

MCC have also entered into a second contract with Young Manchester for the commissioning of Youth and Play in Manchester, for which the charity will receive £150k in the year ended 31 March 2022 in management fees.

40

YOUNG MANCHESTER

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

MCC have committed to providing grant funding to Young Manchester of £1.44m for year ended 31 March 2022.

Home

Councillor Rahman is a trustee at HOME (Greater Manchester Arts Centre Limited) and is also a trustee for Young Manchester.

During the year to March 2021, Young Manchester awarded grants totalling £51,249 to HOME.

42nd Street

Simone Finegan is a trustee of Young Manchester, and is also Chief Executive of 42[nd] Street. During the year to March 2021, Young Manchester awarded grants totalling £63,340 to 42[nd] Street.

Wythenshawe Community Housing Group (WCHG)

Sarah Klueter is a trustee (and Chair) of Young Manchester, and is also Assistant Director at WCHG. During the year to March 2021, Young Manchester awarded grants totalling £212,366.07 to WCHG.

41