## **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|



2 



**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: 

- To advance in life by helping develop their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals; 

- To advance education; 

- To relieve unemployment; 

- To advance emotional and physical health and wellbeing; 

- By providing recreational and leisure activities in the interests of personal and social development with the view to improving conditions of their lives.  This is aimed at children and young people living in the area of benefit who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances. 

## **(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. 

4 



**YOUNG MANCHESTER** 

## **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: 

- Work in an inclusive and open way to ensure the best for Manchester’s children and young people 

- Set out clear grant giving programmes with clear timescales and ensure we stick to them 

- Ask for supporting evidence that outlines the value of services we will support 

- Strive to make a positive and lasting difference to the lives of children and young people and the society in which they live 

- Be innovative and forward-looking, striving to be dynamic and an inspiration to others 

- Ensure that children and young people have a voice and are central to our work 

- Work in collaboration with others to share resources, knowledge and skills to support children and young people 

- Always take care to ensure we are giving grants to genuine organisations and we check that grant funding is spent properly through detailed support and evaluation 

- Provide grant programmes for a wide range of play and youth provision and wider new projects that directly benefit children and young people in line with our purpose. 

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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**YOUNG MANCHESTER** 

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

4. 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: 

- Funding a wide variety of provisions which have needed to be adapted given the multiple lockdowns and restrictions imposed. These included; 1:1 support via different media (telephone, WhatsApp, hangouts), sharing of online content; online closed youth groups, ‘paperbag’ playshcemes and protective street-based youth work. 

- Enabled 8,103 children and young people to access youth and play services in Manchester which is a phenomenal result given the challenges of the year. 

- Extension of the support by partners to the wider family in the form of telephone/door stop check ins, emergency food parcels, and support with printing free school meals vouchers. 

- Enabled children and young people to participate in high quality social action 

- Delivery partners consistently report that provision is increasing opportunities for children and young people and having positive impacts on their lives 

- Young Manchester’s own assessment of current provision confirming it provides a range of quality opportunities.  Partners are demonstrating expertise in their practice, and creativity in their delivery, they have continued to flex their delivery to respond to changing guidance on what is possible and safe – in a context of unprecedented challenge, and funding uncertainty. 

## _**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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**YOUNG MANCHESTER** 

## **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: 

- To enhance and complement the Thrive offer in the city for children and young people 

- To promote uptake in support to children and young people with mental health, learning disability and neuro-disability needs 

- To increase awareness of support to professionals (health, education and social care) children and young people, and families and carers 

- To focus on self-care, enabling our children, young people and families to manage their own health 

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 

- The Proud Trust have engaged 70 young people and are providing over 200 1:1 sessions a quarter, they have recruited parents to a complementary support group and completed a peer review of CAMHS. Their offer has been maintained virtually throughout the lockdown and subsequent periods, with all services adapted. 

- The Children’s Society found that demand for their support has increased hugely, and they have recruited volunteers to respond to this, including, in some cases, daily support to young people. 

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**YOUNG MANCHESTER** 

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

- Street League transferred their delivery to a remote model ‘Head, Body, Future’ simple innovations have yielded positive results, for example a Couch to 5k WhatsApp Group. 

- M13 have maintained virtual groups as well as a detached youth work offer, they have shared examples of young people supporting each other spontaneously and of youth workers learning how to navigate young people’s online world. _“When we messaged our younger girls’ group to talk about setting up a WhatsApp group specifically for online conversations, a 13-yr old member told us she’d ‘beaten us to it’, and would add us workers to their group!;”_ 

## **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: 

- To build the capacity and capability of the youth and play sector to support children and young people with SEND 

- To strengthen the network of support provided to children, young people, parents/carers and support organisations 

- To increase investment in universal youth and play provision which directly supports the equal engagement of all children and young people 

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: 

- Identification of a number of clear barriers that children and young people with SEND and SEMH face accessing mainstream provision, 

- The piloting of possible solutions to overcome identified barriers, 

- Development and delivery of a comprehensive training programme supporting the sector to support children and young people, 

- Support of 7 projects in summer, and a further 11 projects in February and over Easter to enhance the current provision. 

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**YOUNG MANCHESTER** 

## **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 

- Engaging at least 350 children and young people through street based detached youth work, and 1:1 holistic support 

- Deepening understanding of sector in Cheetham to contribute to long term development work 

- Convening a strategic group of leaders to successfully draw together and build a long term strategic approach to tackling youth violence – with social action at its core 

## **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 

- Safety of young people -  how can we support young people to be safe and healthy (physically and mentally) 

- Business continuity - how can organisations ensure that they can stay in business, with significant financial and contractual challenges 

- Business transformation - how can organisations change what they are doing to meet need with restrictions on usual delivery models, using their assets and expertise. 

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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**YOUNG MANCHESTER** 

## **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: 

- Funding of a 1:1 coaching and sector leadership programme benefitting a number of leaders within youth and play. The success of this programme has allowed Young Manchester to secure funding from the Olgesby Charitable Trust of £100,000 over 3 years to continue to provide this training to the sector. 

- Contributing £5,000 towards the Greater Manchester Combined Authority Creative Care Kits along with assisting with their distribution. 

- Formation of a website hub to provide guidance and advise to the sector during the pandemic along with the resources available 

- As part of our digital inclusion work, Young Manchester provided of 67 tablets and 72 laptops to young people to enable them to manage their educational, social and emotional needs during the lockdown, and any transitional period to reintegrate with mainstream Youth and Play services. Along with the equipment, Young Manchester was able to secure 100 BT data vouchers as a donation in kind with a commercial value of £12,000. 

- As an expansion of the digital inclusion work, we worked in partnership with Hubbub to secure 1,250 reconditioned smart phones and 12-month data packages with a commercial value of £286,250 and distributed these via 56 organisations across the city 

## **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: 

- 8 projects funded by Young Manchester delivering 219 sessions 

- 947 children and young people engaged 

- 2,902 separate engagements of children and young people. 

## **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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**YOUNG MANCHESTER** 

## **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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**YOUNG MANCHESTER** 

## **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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**YOUNG MANCHESTER** 

## **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: 

- SEND funding of £127k (attracting a management fee of £13k) 

- Keeping children and young people safe fund of £182k (attracting a management fee of £18.2k) 

- Creative Engagement Partnership funding of £50k 

- Holiday Activities and Food funding of £75k (attracting a management fee of £7.5k) 

- Digital Futures funding of £199k of which £25k has been recognised at March 21 (including a core cost contribution for Young Manchester of £10k) 

- Violence Reduction funding of £20k 

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

- CISCO match funding of £144k as part of the Digital Futures work (of which £15k has been recognised at March 21) 

- 1,250 reconditioned mobile phones and data packages via Hubbub with a commercial value of £286k 

- 100 BT data vouchers as part of our digital inclusion work with a commercial value of £12,000 

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. 

- Mental Health funding totalling £345k from Manchester Health and Care Commission. This funding will be recognised in the year ending March 22. 

- Covid Recovery Funding. £840k of a total fund of £1.04m is held on the balance sheet in creditors at March 21. This fund is being run in partnership with OMVCS to fund both youth and play and adult charities. Income will be recognised on this fund when the criteria are met and where Young Manchester are acting as the principal of the fund. 

- Strategic Partnership income of £81k from Manchester Health and Care Commission. This income is deferred at March 21 but will be recognised in the year ending March 22. 

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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**YOUNG MANCHESTER** 

## **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. 

|<br>to mitigate any further impact of Covid-19.|||
|---|---|---|
||**Unrestricted Reserves**<br>**£**|**Designated Reserves**<br>**£**|
|Reserves atMarch 2021|51,561|127,000|
|Reserve transfer to cover shortfall in funding in the<br>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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**YOUNG MANCHESTER** 

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



15 



**YOUNG MANCHESTER** 

## **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. 

5. **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 

16 



**YOUNG MANCHESTER** 

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

## **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: 

- Select suitable accounting policies and then apply them consistently; 

- Observe the methods and principles in the Charities SORP; 

- Make judgements and accounting estimates that are reasonable and prudent; 

- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the CIO will continue in operation. 

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: 

- So far as the Trustees are aware, there is no relevant audit information of which the CIO’s auditor is unaware, and 

- That Trustees have taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit information and to establish that the CIO’s auditor is aware of that information. 

This report was approved by Trustees on     19.1.22 

and signed on their behalf by: 


George Whalley, Treasurer Young Manchester 

17 



**YOUNG MANCHESTER** 

## **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: 

- give a true and fair view of the state of the charitable company’s affairs as at 31 March 2020 and of its incoming resources and application of resources, including its income and expenditure for the year then ended; 

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

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

## **Basis for opinion** 

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the 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: 

- the Trustees’ use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or 

- the Trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the charitable company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. 

18 



**YOUNG MANCHESTER** 

## **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: 

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

- sufficient accounting records have not been kept; or 

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

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

## **Responsibilities of trustees** 

As explained more fully in the Trustees’ responsibilities statement, 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. 

19 



**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. 

20 



**YOUNG MANCHESTER** 

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

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



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

21 



**YOUNG MANCHESTER** 

**BALANCE SHEET Registered number 1166873 AS AT 31 MARCH 2021** 

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

22 



## **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. 

23 



**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 

24 



**YOUNG MANCHESTER** 

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

25 



**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. 

26 



**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<br>Donations<br>Donations in Kind|**Unrestricted**<br>**Funds**<br>**£**<br>**Restricted**<br>**Funds**<br>**£**<br>**Total**<br>**2021**<br>**£**<br>**Unrestricted**<br>**Funds**<br>**£**<br>**Restricted**<br>**Funds**<br>**£**<br>**Total**<br>**2020**<br>**£**<br>-<br>-<br>-<br>1,000<br>1,000<br>1,000<br>-<br>1,000<br>27,324<br>312,850<br>340,174<br>29,697<br>6,857<br>36,554|
||**28,324**<br>**312,850**<br>**341,174**<br>**30,697**<br>**6,857**<br>**37,554**|



27 



**YOUNG MANCHESTER** 

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

## **3. CHARITABLE ACTIVITIES INCOME** 

|Grants:<br>Manchester City Council –<br>Youth & Play Fund<br>Manchester City Council –<br>Strategic Leadership<br>Manchester City Council –<br>Holiday Play Schemes<br>Kelloggs – Holiday Play<br>Scheme<br>Big Lottery Fund (#iwill) –<br>Youth & Play Fund<br>Curious Minds – Youth and<br>Play Fund 20-22<br>Wythenshawe Community<br>Housing Group – Youth & Play<br>One Manchester – Youth &<br>Play Fund<br>NHS Manchester CCG –<br>Thrive Grant<br>Manchester City Council-<br>Strengthening Universal<br>Services Fund (SEND)<br>Manchester City Council –<br>Keeping Children and Young<br>People Safe Fund<br>Manchester City Council –<br>Outdoor Learning and<br>Adventurous Activities Fund<br>Our Manchester Investment<br>Fund<br>Manchester City Council –<br>Partnerships Funding<br>Manchester University NHS<br>Foundation Trust – Thrive<br>Young Person Engagement<br>Manchester City Council –<br>Creative Engagement<br>Partnership<br>Curious Minds – Creative<br>Engagement Partnership<br>Greater Manchester Combined<br>Authority – Enhancing Delivery<br>Manchester City Council –<br>Holiday Activities and Food<br>The Prince’s Trust – Digital<br>People<br>Commissioning Income<br>Administration Income|**Unrestricted**<br>**Funds**<br>**£**<br>**Restricted**<br>**Funds**<br>**£**<br>**Total**<br>**2021**<br>**£**<br>**Unrestricted**<br>**Funds**<br>**£**<br>**Restricted**<br>**Funds**<br>**£**<br>**Total**<br>**2020**<br>**£**<br>1,250,000<br>1,250,000<br>1,250,000<br>1,250,000<br>90,000<br>90,000<br>90,000<br>90,000<br>100,000<br>100,000<br>100,000<br>100,000<br>5,000<br>5,000<br>-<br>-<br>250,000<br>250,000<br>750,000<br>750,000<br>90,000<br>90,000<br>45,000<br>45,000<br> <br>-<br>-<br>40,000<br>40,000<br>-<br>-<br>40,000<br>40,000<br>-<br>-<br>250,000<br>250,000<br>127,000<br>127,000<br>55,500<br>55,500<br>182,000<br>182,000<br>135,000<br>135,000<br>-<br>-<br>20,000<br>20,000<br>-<br>-<br>34,058<br>34,058<br>-<br>-<br>20,000<br>20,000<br>-<br>-<br>22,000<br>22,000<br>40,000<br>40,000<br>-<br>-<br>10,000<br>10,000<br>-<br>-<br>20,000<br>20,000<br>-<br>-<br>74,744<br>74,744<br>-<br>-<br>25,104<br>25,104<br>-<br>-<br>150,000<br>150,000<br>-<br>150,000<br>56,367<br>16,250<br>-<br>16,250|
|---|---|
||**206,367 **<br>**2,263,848**<br>**2,470,214**<br>**209,003**<br>**1,990,613**<br>**2,199,616**|



28 



**YOUNG MANCHESTER** 

## **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|



29 



**YOUNG MANCHESTER** 

## **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|



30 



**YOUNG MANCHESTER** 

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

## **GRANTS AWARDED (continued)** 

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



31 



**YOUNG MANCHESTER** 

## **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). 

32 



**YOUNG MANCHESTER** 

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

## **6. EXPENDITURE** 

|**. EXPENDITURE**||
|---|---|
|Expenditure includes:<br>Depreciation – owned assets<br>Auditors’ remuneration – for audit<br>For other services|**2021**<br>**£**<br>**2020**<br>**£**<br>-<br>3,274<br>4,795<br>6,005<br>150<br>-|
||**4,945**<br>**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:<br>Wages and salaries<br>Employer’s national insurance costs<br>Employer’s pension costs|**2021**<br>**£**<br>**2020**<br>**£**<br>245,118<br>199,525<br>19,235<br>15,799<br>8,900<br>8,141|
|---|---|
||**273,253**<br>**223,465**|



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

|Commissioning and partnerships<br>Administration and support|**2021**<br>**2020**<br>7<br>5<br>2<br>3|
|---|---|
||**9**<br>**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|-|



33 



**YOUNG MANCHESTER** 

## **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:**<br>At 1 April 2020<br>Additions<br>At 31 March 2021<br>**Depreciation:**<br>At 1 April 2020<br>Charge for the year<br>At 31 March 2021<br>**Net book value:**<br>At 31 March 2021<br>At 31 March 2020|**Furniture and**<br>**Equipment**<br>**£**<br>**Total**<br>**£**<br>5,894<br>5,894<br>-<br>-|
|---|---|
||5,894<br>5,894|
||5,894<br>5,894<br>-<br>-|
||5,894<br>5,894|
||-<br>-|
||-<br>-|



34 



**YOUNG MANCHESTER** 

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

## **11. DEBTORS** 

|Debtors<br>Prepayments and accrued income|**2021**<br>**£**<br>**2020**<br>**£**<br>101,000<br>448,495<br>78,285<br>3,319|
|---|---|
||**179,285**<br>**451,815**|



## **12. CREDITORS:  AMOUNTS FALLING DUE WITHIN ONE YEAR** 

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



## **13. DEFERRED INCOME** 

|Deferred income|**At 1 April**<br>**2020**<br>**£**<br>**Deferred**<br>**£**<br>**Released**<br>**£**<br>**At 31 March**<br>**2021**<br>**£**<br>65,000<br>81,272<br>(65,000)<br>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**<br>**Office Space**<br>**£**<br>**2020**<br>**Office Space**<br>**£**<br>4,200<br>1,750|
|---|---|
||**4,200**<br>**1,750**|



35 



**YOUNG MANCHESTER** 

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

## **15. STATEMENT OF FUNDS** 

|Unrestricted Funds<br>Designated Funds<br>Restricted Funds:<br>Seed Funding<br>#iwill Fund<br>Playschemes<br>Strategic Leadership<br>Thrive<br>Positive Engagement Programme<br>SEND<br>The Adventure Fund<br>The GROW Fund<br>Keeping Children & Young People<br>Safe<br>Our Manchester<br>Thrive Engagement Programme<br>Partnerships Funding<br>Creative Engagement Partnership<br>Equality, Diversity and Inclusion<br>Violence Reduction Fund<br>Holiday Activity and Food Fund<br>Digital Futures Fund<br>Young Peoples Foundation Grant<br>Donations in Kind|**Balance at**<br>**1 April**<br>**2020**<br>**£**<br>**Income**<br>**£**<br>**Expenditure**<br>**£**<br>**Transfers**<br>**£**<br>**Balance at**<br>**31 March**<br>**2021**<br>**£**<br>72,027<br>233,691<br>276,372<br>50,654<br>80,000<br>127,000<br>-<br>-<br>(28,439)<br>98,561<br>288,945<br>-<br>52,296<br>(60,524)<br>176,125<br>308,526<br>1,570,000<br>1,435,860<br>-<br>419,140<br>-<br>105,000<br>88,421<br>-<br>16,579<br>20,392<br>110,000<br>112,516<br>-<br>17,876<br>413,886<br>-<br>234,973<br>-<br>178,913<br>12,003<br>5,000<br>(7,003)<br>-<br>12,307<br>127,000<br>99,115<br>-<br>40,191<br>2,275<br>-<br>2,275<br>-<br>-<br>8,515<br>(8,515)<br>-<br>1,899<br>182,000<br>190,902<br>7003<br>-<br>18,097<br>-<br>15,869<br>(2,229)<br>-<br>22,000<br>-<br>-<br>-<br>22,000<br>20,000<br>-<br>-<br>-<br>20,000<br>-<br>50,000<br>47,981<br>2,389<br>4,408<br>-<br>-<br>550<br>70,189<br>69,639<br>-<br>20,000<br>-<br>-<br>20,000<br>-<br>74,744<br>45,326<br>-<br>29,418<br>-<br>25,104<br>19,219<br>-<br>5,885<br>-<br>1,000<br>734<br>-<br>266<br>-<br>312,850<br>312,850<br>-<br>-|
|---|---|
||**1,327,872**<br>**2,811,388**<br>**2,940,258**<br>**-**<br>**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<br>Designated Funds<br>Restricted Funds:<br>Total Funds<br>Unrestricted Funds<br>Designated Funds<br>Restricted Funds:<br>Total Funds|**Brought**<br>**Forward**<br>**1 April**<br>**2020**<br>**£**<br>**Income**<br>**£**<br>**Expenditure**<br>**£**<br>**Transfers**<br>**£**<br>**Carried**<br>**Forward**<br>**31 March**<br>**2021**<br>**£**<br>72,027<br>233,691<br>276,372<br>50,654<br>80,000<br>127,000<br>-<br>-<br>(28,439)<br>98,561<br>1,128,844<br>2,577,698<br>2,663,886<br>(22,216)<br>1,020,440|
|---|---|
||**1,327,872**<br>**2,811,388**<br>**2,940,258**<br>**-**<br>**1,199,002**|
||**Brought**<br>**Forward**<br>**1 April**<br>**2019**<br>**£**<br>**Income**<br>**£**<br>**Expenditure**<br>**£**<br>**Transfers**<br>**£**<br>**Carried**<br>**Forward**<br>**31 March**<br>**2020**<br>**£**<br>166,319<br>196,947<br>223,241<br>(67,997)<br>72,027<br>59,003<br>-<br>-<br>67,997<br>127,000<br>1,529,119<br>2,858,415<br>3,258,690<br>-<br>1,128,844|
||**1,754,441**<br>**3,055,362**<br>**3,481,931**<br>**-**<br>**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<br>Designated funds<br>Restricted funds|**Fixed Assets**<br>**£**<br>**Net Assets**<br>**£**<br>**Net Liabilities**<br>**£**<br>**Total**<br>**£**<br>-<br>108,795<br>28,795<br>80,000<br>-<br>98,561<br>-<br>98,561<br>-<br>2,368,921<br>1,348,481<br>1,020,440|
|---|---|
||**-**<br>**2,576,278**<br>**1,377,276**<br>**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: 

- £150k for the commissioning of the Youth and Play fund in Manchester 

- £127k for SEND funding 

- £13.2k administration fee for managing the SEND funding 

- £40k grant for the Creative Engagement Partnership 

- £74.7k for the ‘holiday activities and food’ fund 

- £182k grant for the ‘keeping children and young people safe’ fund 

- £18.2k administration fee for managing the ‘keeping children and young people safe’ fund 

- £1.44m grant relating to the youth and play fund 

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. 

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