Charity Number: 1166873
Young Manchester
Annual report and financial statements For the year ended 31 March 2025
Doc ID: e6e2798610e4842234e4aa1e8786901b90aed7e8
Young Manchester Reference and
administration information
Charity number 1166873 Registered office and operational address Sister - Renold Building 32a Altrincham Street Manchester M1 7JR
Trustees
Trustees who served during the year and up to the date of this report were as follows:
Sarah Kleuter (resigned 22.11.2024) Bounty Vegah (resigned 21.03.2024) Roukagia Afan (resigned 12.09.2025) Simone Finegan (resigned 22.11.2024) James O'Farrell (resigned 12.09.2025) Jodie McNally
Michael Salmon Stephanie Riches Hassan Bello Dantata Morenike Elizabeth Fatogun Tabasum Khojani
Furqan Naeem Daniel Suba Victor Lawes Craig Barratt
Key management personnel
Samuel Remi-Akinwale Chief Executive Officer Emma Sims Associate Director of Grants and Infrastructure
Bankers
The Co-operative Bank, PO Box 250, Skelmersdale, Lancashire, WN8 6WY
Solicitors
Addleshaw Goddard, 1 St Peters Square, Manchester, M2 3DE
Independent examiner
Patrick Morrello ACA, Third Sector Accountancy Limited, Holyoake House, Hanover Street, Manchester, M60 0AS
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Young Manchester Trustees’ annual report for the year ended 31 March 2025
The trustees present their report and the unaudited financial statements for the year ended 31 March 2025.
Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.
Objectives and Activities
a. Policies and objectives
The trustees review the aims, objectives and activities of the charity each year. This report looks at what the charity has achieved and the outcomes of its work in the reporting period. The trustees report the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the trustees ensure the charity's aims, objectives and activities remain focused on its stated purposes.
Our vision is that 'every child and young person in Manchester can thrive and realise their full potential through outstanding opportunities’. 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:
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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;
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To advance education;
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To relieve unemployment;
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To advance emotional and physical health and wellbeing;
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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 needs by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances.
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b. Main activities undertaken to further the charity's purposes for the public benefit
The Trustees discharge their obligations by supporting charities and not-for-profit organisations which improve the lives of young people and meet the charity's objectives. They do this through strengthening, connecting and championing the non-profit sector for children and young people. The Trustees look to place funds and resources where they can make a real and measurable impact to the lives of young people.
The charity believes in the power of youth social action - such as volunteering, fundraising and campaigning, to transform lives and communities and therefore it is embedded in our work.
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Young Manchester Trustees’ annual report for the year ended 31 March 2025
Young Manchester is embedding social action into the day to day business of organisations working with children and young people in Manchester. The City of Social Action initiative provides 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.
This mission has been maintained through our youth led grants making programme in partnership with the #iwill fund, the Youth Endowment Fund and Manchester City Council.
Beyond this, we have expanded our activities supporting children and young people to influence businesses that impact their lives through consultations and co-design activities centring young people’s voices, insights and leadership.
The Charity had no fundraising activities requiring disclosure under S I62A of the Charities Act 2011.
Public Benefit
The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set.
Achievements and performance
As we reflect on the year ending March 2025, we note that the financial challenges continue 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.
There are four key achievements that the Trustees wish to highlight for the year:
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Co-designing a grants programme for the Arts Council.
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The success of the Youth Consulting business model with Young Manchester securing, Manchester Fort, The University of Manchester and Sister as clients we are supporting to engage young people in their strategy development. This reflects an expansion of institutions we are supporting to share power with young people.
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Securing core funding from the National Lottery Community Fund for our core membership offer.
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The successful delivery of our first participatory budgeting event supporting 130 young people from Cheetham Hill to influence and decide £230,000 of funding alongside 21 youth & play organisations.
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Choose for Cheetham
Young Manchester Trustees’ annual report for the year ended 31 March 2025
A snapshot of key highlights are shared below
Strengthening the Youth & Play Sector
Young Manchester’s free membership programmes work to strengthen, connect and champion the incredible organisations supporting and delivering for children and young people in Manchester. With our wide network of partners, we have continued the growth of our members' networks and supplementary school's partnerships. Benefits delivered for members include:
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Safeguarding training
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LEAD+ leadership training and peer network for youth sector organisational leads
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Member networking events in collaboration with Manchester City Council
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Collaborative fundraising opportunities.
W/ Youth
W/Youth continues to build on the work of ‘The City of Social Action’ to make Manchester the place for youth voice, youth leadership and real change led by children and young people themselves. We have been successful in embedding youth led grant making. W/Youth furthers this by supporting children and young people to influence business practices and strategy through consultations, co-design work. We have found this to be successful in the work we have done with Sister, We Love Manchester and the Greater Manchester Combined Authority.
Sharing Power with Young People and Innovation
We continued our work to ensure Young Manchester is genuinely supporting young people to shape their communities, through our successful participatory budgeting event titled Choose For Cheetham. We also maintained young people’s ability to shape Young Manchester by maintaining our young trustees, young staff team, engagement with ambassadors from across Manchester and our young CEO.
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 January 2027.
There are however material uncertainties within this assessment. Based on its appropriate enquiries the Trustees, at the time of their approval, note that while very immediate funding is secure and a strategy in place, there is uncertainty in the future fundraising climate. This has been a transitional year for the charity, in which we have transitioned our
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Young Manchester Trustees’ annual report for the year ended 31 March 2025
business model, diversifying our partnerships, strengthened as a membership organisation and increased the diversity of our funding base.
This work continues to reinforce and build on the 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).
Although there is a clear and identified need and role for Young Manchester it is not yet fully clear whether this can be resourced in a sustainable way.
In order to further mitigate this risk further, the Trustees are supporting the prioritisation of financially sustainable activities such as our youth consulting activities; grant management and collaborative fundraising.
(b) Review of 2024/25 performance
Our overall net surplus for the year ending March 2025 totals £146K. This progress is related to a conservative approach to spending reflecting uncertainty in the sector as well as progress made in receiving restricted funding that relieves core costs.
We maintain a concerning unrestricted reserves position as of March 2025. Key funding recognised this year includes:
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Funding for supporting children and young people with special education needs and disabilities of £186K and associated management fees
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Funding from the Youth Endowment Fund and #iwill to coordinate the delivery of a £1.6 million community led initiative to support young people from Cheetham Hill to achieve their hopes and ambitions, and that protects young people from violence.
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 five months should a shortfall in income occur and to account for potential risks and contingencies that may arise from time to time.
Should a shortfall in income occur and to take account of potential risks to operating cash flow and contingencies that may arise from time to time. In this scenario, enough money to cover closure of a minimum reserves target based on maintaining a minimum complement of staff and infrastructure for a winding down period. This target is calculated to cover up to three months (12 weeks) of reduced running costs to cover overheads, staffing costs including redundancy and project closure.
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Young Manchester Trustees’ annual report for the year ended 31 March 2025
The level of reserves required to cover normal operating activities over this period is calculated at £100K. The reserves used in the calculation only include unrestricted free reserves. This figure is based on running costs for 5 months, which is appropriate given the ongoing instability in the sector.
On 31 March 2025 the charity's reserves were:
Unrestricted funds (free reserves): £64,729 Restricted funds: £307,505 Total funds: £372,234
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. The constitution was last reviewed in November 2022 and is expected to be next reviewed and amended in the 2025/26 financial year.
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Young Manchester Trustees’ annual report for the year ended 31 March 2025
- (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
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.
With the development of the youth CEO model, the organisation is working to establish strong operational infrastructure to ensure the sustained and agile delivery of our grant making and infrastructure activities whilst further cultivating our youth programmes supporting young people to lead, shape and influence the city they live in.
- (f) Risk management
The Trustees have assessed the major risks to which the CIO is exposed. 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
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Young Manchester Trustees’ annual report for the year ended 31 March 2025
| Failure to secure ongoing unrestricted funding to cover operational costs. |
The charity has formed strong relationships with funders and has a proven track record for successful delivery. Young Manchester has established a diversified income pipeline in place and is being operationalised. There is a healthy pipeline of opportunities from not for profit funders to businesses. The charity is part of a national network of Young People’s foundations who are making the case strategically for the ongoing investment in Local Youth Partnerships. |
|---|---|
| Loss of key staff | Focus on systems and processes in annual plans to support institutional strength, particularly a focus on finance and operations. This practically looks like comprehensive process mapping, automation and the development of process resources. Wellbeing focus of organisation implemented through line management support and culture management. |
| Cash Flow insufficient or Cash flow information too unpredictable to cover/have confidence in meeting monthly running costs |
The charity established a good Cash Flow review system. We are maximising efforts to secure upfront payments towards core costs and advance payments of any future contracts. |
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 all children and young people have outstanding opportunities.
The existential challenges facing the organisation and its members has led to the further reviews and refinement of the organisation business model during this period. Our priorities for the year 2025/26 are:
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Creating and deploying the 1[st] phase of a new strategy – we will listen to young people, our members and partners to shape the future direction of Young Manchester
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Cementing Income Generation - Key to all our work will be income generation, both securing core funds for Young Manchester and significant further investment in the non-profit sector for children and young people across the city. We will continue to diversify income and focus increased attention on pivoting our offer towards corporate engagement.
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Supporting our members and young ambassadors - we will consolidate our membership offer and young ambassadors programme to ensure that we are supporting our sector to thrive and deliver for and with children
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Young Manchester Trustees’ annual report for the year ended 31 March 2025
and young people. We will hone this focus to ensure support for emerging members those working with racialised groups, those operating in youth led or radical spaces.
Statement of responsibilities of the trustees
The trustees are responsible for preparing the trustees’ annual 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 which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing these financial statements, the trustees are required to:
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Select suitable accounting policies and then apply them consistently
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Observe the methods and principles in the Charities SORP
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Make judgements and estimates that are reasonable and prudent
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State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity 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 charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
22 / 01 / 2026
The trustees’ annual report has been approved by the trustees on ____ and signed on their behalf by
Craig Barratt Treasurer
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Young Manchester
Independent examiner’s report to the trustees for the year ended 31 March 2025
I report on the accounts of the charity for the year ended 31 March 2025 set out on pages 11 to 32.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of ICAEW .
It is my responsibility to:
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examine the accounts under section 145 of the Charities Act,
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to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
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to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Other matters
Your attention is to drawn to the fact that the charity has prepared the accounts (financial statements) in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
We understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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which gives me reasonable cause to believe that, in any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
D Worrello
Patrick Morrello ACA
Third Sector Accountancy Limited Holyoake House Hanover Street Manchester, M60 0AS
22 / 01 / 2026
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Young Manchester
Statement of Financial Activities for the year ended 31 March 2025
| Unrestricted funds Note £ Income from: Donations and legacies 3 6,367 Charitable activities 4 53,377 Total income 59,744 Expenditure on: Charitable activities 5 165,476 Total expenditure 165,476 8 (105,732) Transfer between funds 16,073 Net movement in funds for the year (89,659) Reconciliation of funds Total funds brought forward 154,388 Total funds carried forward 64,729 Net income/(expenditure) for the year |
Restricted funds £ 1,500 827,088 828,588 577,083 577,083 251,505 (16,073) 235,432 72,073 307,505 |
Total funds 2025 £ 7,867 880,465 888,332 742,559 742,559 145,773 - 145,773 226,461 372,234 |
Unrestricted funds £ - 137,544 137,544 171,837 171,837 (34,293) - (34,293) 188,681 154,388 |
Restricted funds £ 1,000 657,603 658,603 919,227 919,227 (260,624) - (260,624) 332,697 72,073 |
Total funds 2024 £ 1,000 795,147 796,147 1,091,064 1,091,064 (294,917) - (294,917) 521,378 226,461 |
|---|---|---|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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Young Manchester Charity Number 1166873
Balance sheet as at 31 March 2025
| Note | 2025 | 2024 | |||||
|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | ||||
| Current assets | |||||||
| Debtors | 13 | 84,741 | 132,208 | ||||
| Cash at bank and in hand | 308,653 | 204,145 | |||||
| Total current assets | 393,394 | 336,353 | |||||
| Liabilities | |||||||
| Creditors: amounts falling | |||||||
| due in less than one year | 14 | (21,160) | (109,892) | ||||
| Net current assets | 372,234 | 226,461 | |||||
| Total assets less current liabilities | 372,234 | 226,461 | |||||
| Net assets | 372,234 | 226,461 | |||||
| The funds of the charity: | |||||||
| Unrestricted income funds | 64,729 | 154,388 | |||||
| Unrestricted funds | 16 | 64,729 | 154,388 | ||||
| Restricted funds | 15 | 307,505 | 72,073 | ||||
| Total charity funds | 372,234 | 226,461 |
The notes on pages 14 to 32 form part of these accounts.
22 / 01 / 2026 Approved by the trustees …..................................... and signed on their behalf by:
Craig Barratt, Trustee
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Young Manchester
Statement of Cash Flows
for the year ending 31 March 2025
| Note 2025 £ Cash provided by/(used in) operating activities 18 104,508 104,508 Cash and cash equivalents at the beginning of the year 204,145 Cash and cash equivalents at the end of the year 308,653 Increase/(decrease) in cash and cash equivalents in the year |
2024 £ (234,943) (234,943) 439,088 204,145 |
|---|---|
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Young Manchester
1 Accounting policies
Notes to the accounts for the year ended 31 March 2025
The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
a Basis of preparation
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 Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 - (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 FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.
The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £ sterling.
b Judgments and estimates
The trustees have made no key judgments which have a significant effect on the accounts.
The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.
c Preparation of the accounts on a going concern basis
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 January 2027. There are however material uncertainties within this assessment.
Based on its appropriate enquiries the Trustees, at the time of their approval, note that while very immediate funding is secure and a strategy in place, there is uncertainty in the future fundraising climate.
This has been a transitional year from the charity, in which we have shared power with children and young people, strengthened as a membership organisation, diversified our partnerships, aligned closely with the YPF Trust and increased the diversity of our funding base. This work continues to 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). These plans however are not yet fully tested and though there is a clear and identified need and role for Young Manchester it is not yet fully clear whether this can be resourced in a sustainable way. In order to mitigate this risk, the Trustees are developing options to reduce costs - whilst retaining Young Manchester’s core offer to member organisations - and will be consulting with members and stakeholders in the coming months.
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Young Manchester
Notes to the accounts for the year ended 31 March 2025 (continued)
d Income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Income received in advance of a provision of a specified service is deferred until the criteria for income recognition are met.
e Donated services and facilities
Donated professional services and donated facilities are recognised as income 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 by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised; refer to the trustees’ annual report for more information about their contribution.
On receipt, donated professional services and 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 economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
f Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
g Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of charity.
Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.
Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.
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Young Manchester
Notes to the accounts for the year ended 31 March 2025 (continued)
h Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:
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Expenditure on charitable activities includes costs undertaken to further the purposes of the charity and their associated support costs.
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Other expenditure represents those items not falling into any other heading.
Irrecoverable VAT is charged as a cost against support costs.
- i Allocation of support costs
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charity's programmes and activities.
- j Tangible fixed assets
Individual fixed assets costing £500 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:
Office fixtures and equipment 33%
- k Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
- l Cash at bank and in hand
Cash at bank and cash 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.
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Young Manchester
Notes to the accounts for the year ended 31 March 2025 (continued)
m Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
n 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 with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
o Pensions
Employees of the charity are entitled to join a defined contribution ‘money purchase’ scheme. The charity’s contribution is restricted to the contributions disclosed in note 9. There were no outstanding contributions at the year end. The costs of the defined contribution scheme are included within support and governance costs and allocated to the funds of the charity using the methodology set out in note 6.
- 2 Legal status of the charity
The charity is a charitable incorporated organisation registered with the Charity Commission in the United Kingdom (England and Wales) and has no share capital. In the event of the charity being wound up, the members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.
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Young Manchester
Notes to the accounts for the year ended 31 March 2025 (continued)
- 3 Income from donations and legacies
==> picture [634 x 110] intentionally omitted <==
----- Start of picture text -----
Unrestricted Restricted Total 2025 Unrestricted Restricted Total 2024
£ £ £ £ £ £
Donations 6,367 1,500 7,867 - 1,000 1,000
Total 6,367 1,500 7,867 - 1,000 1,000
----- End of picture text -----
| Income from charitable activities | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total 2025 | Unrestricted | Restricted | Total 2024 | |
| £ | £ | £ | £ | £ | £ | |
| NHS | 3,000 | 3,000 | - | |||
| Gaddun | 4,125 | 4,125 | - | |||
| W/Youth | 6,825 | 6,825 | - | |||
| National Lottery #iwill fund | 184,000 | 184,000 | - | |||
| Amnesty International | 4,000 | 4,000 | - | |||
| Arts Council England - CYP | 13,529 | 13,529 | - | |||
| NHS Asthma | 27,000 | 27,000 | - | |||
| MCC - Supplementary Schools Art Pilot | 1,920 | 1,920 | - | |||
| MCC - Hope for Cheetham | 19,200 | 19,200 | - | |||
| DWP access to work | - | 2,478 | 2,478 | |||
| Children In Need | - | 112,500 | 112,500 | |||
| MCC - North Manchester Review | 12,429 | 12,429 | - | |||
| MCC - Covid Recovery Fund | - | 61,518 | 61,518 | |||
| Total carried forward | 13,950 | 262,078 | 276,028 | 2,478 | 174,018 | 176,496 |
- 4 Income from charitable activities
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Notes to the accounts for the year ended 31 March 2025 (continued)
Income from charitable activities continued
| Unrestricted | Restricted | Total 2025 | Unrestricted | Restricted | Total 2024 | |
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | £ | |
| Total brought forward | 13,950 | 262,078 | 276,028 | 2,478 | 174,018 | 176,496 |
| MCC - Youth and Play | 54,162 | 54,162 | 22,542 | 22,542 | ||
| Young People's Foundation | - | 1,313 | 1,313 | |||
| MCC - Services Fund (SEND) | 143,288 | 143,288 | 193,432 | 193,432 | ||
| HMRC employers allowance | 5,000 | 5,000 | 5,000 | 5,000 | ||
| Administration income | - | 14,258 | 14,258 | |||
| Other charitable activities | - | 329 | 329 | |||
| Esmee | 52,500 | 52,500 | 50,000 | 22,000 | 72,000 | |
| Paul Hamlyn | - | 50,000 | 50,000 | |||
| Oglesby Charitable Trust | 31,000.00 | 31,000 | 20,000 | 20,000 | ||
| YEF | 248,092 | 248,092 | 93,428 | 93,428 | ||
| Home office - windrush | 1,330 | 1,330 | 7,150 | 7,150 | ||
| Greater Manchester Sports Partnership | - | 80,000 | 80,000 | |||
| The Growth Company | - | 3,000 | 3,000 | |||
| MCC - Members Day | 3,000 | 3,000 | 3,700 | 3,700 | ||
| GMYN - EDI Toolkit Development | - | 2,062 | 2,062 | |||
| EY Foundation | - | 3,502 | 3,502 | |||
| Brighter Sound Ltd - WOMEX | - | 4,902 | 4,902 | |||
| Young People's Foundation / LYP | - | 17,033 | 17,033 | |||
| MCC - KCYPS | 20,000 | 20,000 | 20,000 | 20,000 | ||
| YPF Supplementary schools | - | 5,000 | 5,000 | |||
| Other Revenue | - | - | ||||
| Management and contract fees | 11,642 | 11,642 | - | |||
| University of Manchester RIF project | - | - | - | |||
| Manchster Fort | 1,927 | 1,927 | - | |||
| Total carried forward | 32,519 | 815,450 | 847,969 | 137,544 | 657,603 | 795,147 |
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Notes to the accounts for the year ended 31 March 2025 (continued)
Income from charitable activities continued
| Unrestricted £ Total brought forward 32,519 Uni of Manchester Beewell Amnesty International University of Manchester - unrestricted 7,769 ID Manchester 13,089 Total 53,377 5 Analysis of expenditure on charitable activities Grants awarded Charitable project costs Staff costs Engagement and comms Other costs Ambassador programme Governance costs (see note 6) Support costs (see note 6) Restricted expenditure Unrestricted expenditure |
Restricted £ 815,450 10,000 1,638 827,088 |
Total 2025 £ 847,969 10,000 1,638 7,769 13,089 880,465 |
Unrestricted £ 137,544 137,544 2025 £ 409,033 19,329 193,081 34 1,605 17,357 10,559 91,561 742,559 577,083 165,476 742,559 |
Restricted £ 657,603 657,603 |
Total 2024 £ 795,147 - - - - 795,147 2024 £ 707,978 33,329 228,053 5,038 2,166 4,318 9,311 100,871 1,091,064 919,227 171,837 1,091,064 |
|---|---|---|---|---|---|
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Young Manchester
Notes to the accounts for the year ended 31 March 2025 (continued)
6 Analysis of governance and support costs
| Staff costs Office space / premises Office running costs Administration expenses Web development Travel and subsistence Training Insurance Storage Digital communication IT costs Professional fees Consulting Governance Irrecoverable VAT |
Support £ 20,472 13,512 2,255 876 2,741 231 245 5,864 758 1,177 3,577 15,462 17,527 - 6,864 91,561 |
Governance £ 10,109 - - - - - - - - - - - - 450 - 10,559 |
2025 £ 30,581 13,512 2,255 876 2,741 231 245 5,864 758 1,177 3,577 15,462 17,527 450 6,864 102,120 |
Support £ 9,822 16,968 7,952 711 2,620 292 3,312 5,071 680 1,336 3,408 12,222 18,773 - 17,704 100,871 |
Governance £ 6,751 - - - - - - - - - - - - 2,560 - 9,311 |
2024 £ 16,573 16,968 7,952 711 2,620 292 3,312 5,071 680 1,336 3,408 12,222 18,773 2,560 17,704 110,182 |
|---|---|---|---|---|---|---|
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7
Notes to the accounts for the year ended 31 March 2025 (continued)
| Grants awarded | 2025 | 2024 |
|---|---|---|
| All grants were made to institutions, not individuals. | ||
| 42nd Street | - | 9,000 |
| 4CT Limited | 12,500 | - |
| Abraham Moss Warriors | 41,000 | 48,310 |
| Active Communities Network | - | 20,000 |
| Aim 4 Hope | 2,080 | - |
| Bill and Andys Music School | 9,526 | - |
| Cheetham Hill Advice Centre | - | 1,000 |
| Communities For All | 31,518 | 8,629 |
| Contact Theatre | 1,218 | 12,180 |
| Creative City England | - | 5,990 |
| Everyone Can | - | 1,500 |
| GLL | - | 10,920 |
| Goals | - | 5,768 |
| Greater Manchester Youth Network | 111,186 | 162,190 |
| Groundwork | - | 5,280 |
| Hope for Cheetham Guidance Hub | 21,622 | 31,934 |
| Iziko Youth Next Gen | 9,954 | - |
| Kids of Colour | - | 1,232 |
| M13 Project | 9,000 | 35,000 |
| Mad Theatre Company | 22,954 | 11,868 |
| Making Education a Priority | 3,748 | 23,606 |
| Manchester City FC in the Community Foundation | - | 1,585 |
| Manchester Community Central | - | 53,000 |
| Manchester Schools' PE Association | - | 20,000 |
| Manchester Settlement | - | 3,000 |
| Manchester Urban Diggers | 26,024 | 21,467 |
| Manchester Young Lives | 1,700 | - |
| Manchester Youth Zone | 43,240 | 23,092 |
| MGT Youth Group | - | 6,903 |
| Millenium Powerhouse | - | 26,212 |
| New Testament Church of God | 24,769 | - |
| Nurturing Foundations | 9,000 | - |
| Projekts | - | 1,666 |
| Rainbow Centre | 16,000 | 1,000 |
| RECLAIM | - | 40,000 |
| ReflecTeen Hub Organisation | - | 874 |
| Regen | - | 3,182 |
| SENDcode CIC | - | 3,010 |
| Simply Cycling | - | 4,200 |
| Socio-Economic CIC | - | 3,000 |
| South Manchester Down Syndrome Support Group | 1,995 | 650 |
| Sow the City | - | 3,450 |
| Total carried forward | 399,034 | 610,698 |
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Notes to the accounts for the year ended 31 March 2025 (continued)
| Grants awarded continued Total brought forward The Empowerment People The Manchester Deaf Centre The Manners Project Wythenshawe Community Housing Group YPAC Manchester Total grants awarded 8 Net income/(expenditure) for the year This is stated after charging/(crediting): Auditor's remuneration - audit fees Independent examiner's fee - accountancy services Independent examiner's fee - independent exam |
399,034 - - 10,000 - - 409,034 2025 £ - 14,950 450 |
610,698 2,000 10,000 - 2,180 14,100 638,978 2024 £ 2,560 13,985 415 |
|---|---|---|
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Young Manchester
Notes to the accounts for the year ended 31 March 2025 (continued)
9 Staff costs
Staff costs during the year were as follows:
| Wages and salaries Social security costs Pension costs Allocated as follows: Charitable activities Support costs Governance costs |
2025 £ 198,498 19,713 5,451 223,662 193,081 20,472 10,109 223,662 |
2024 £ 218,531 19,816 6,279 244,626 228,053 9,822 6,751 244,626 |
|---|---|---|
One employee had employee benefits in excess of £60,000 (2024: Nil).
The average number of staff employed during the period was 7 (2024: 8). FTE 6
The key management personnel of the charity comprise the Trustees, the CEO and the Head of Partnerships. The total employee benefits of the key management personnel of the charity were £102,974 (2024: £117,106).
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Notes to the accounts for the year ended 31 March 2025 (continued)
- 10 Trustee remuneration and expenses, and related party transactions
Neither the management committee nor any persons connected with them received any remuneration or reimbursed expenses during the year (2024: Nil).
Two members of the management committee received £218 in expenses for travel and subsistence. (2024: £nil).
Aggregate donations from related parties were £nil (2024: £nil).
The charity enjoys a close working relationship with the following entities through existing trustees. The nature of the relationships are as follows:
Manchester Youth Zone
Samuel Remi-Akinwale is CEO of Young Manchester, and is also a trustee of The Manchester Youth Zone Ltd (appointed August 2023). During the year Young Manchester awarded grants totalling £43,240 to The Manchester Youth Zone Ltd (2024: £23,092).
No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2024: Nil).
11 Government grants
The government grants recognised in the accounts were as follows:
| 2025 £ DWP access to work - Manchester City Council - Youth and Play 54,162 Manchester City Council - Schools Art Pilot 1,920 Manchester City Council - Services fund 143,288 Manchester City Council - Hope for Cheetham 19,200 Manchester City Council - Covid Recovery Fund - Manchester City Council - North Manchester Review 12,429 Manchester City Council - Members Day 3,000 and Young People Safe 20,000 HMRC Employment Allowance 5,000 Home Office - Windrush fund 1,330 260,329 |
2024 £ 2,478 22,542 - 193,432 - 61,518 12,429 3,700 20,000 - 7,150 323,249 |
|---|---|
There were no unfulfilled grant conditions outstanding at the time of producing the annual accounts.
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Notes to the accounts for the year ended 31 March 2025 (continued)
12 Corporation tax
The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.
13 Debtors
| Trade debtors Other debtors VAT Prepayments and accrued income 14 Creditors: amounts falling due within one year Trade creditors Accruals and deferred income Other creditors Taxation and social security costs |
2025 £ 32,714 3,580 1,097 47,350 84,741 2025 £ 15,403 4,336 - 1,421 21,160 |
2024 £ 19,314 6,039 269 106,586 132,208 2024 £ 76,725 27,609 389 5,169 109,892 |
|---|---|---|
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Notes to the accounts for the year ended 31 March 2025 (continued)
15 Analysis of movements in restricted funds
| Balance at 1 April 2024 £ #Iwill fund - City of social action 869 Youth and Play 12,687 Mental Health Fund 44,718 Children in Need - MHCC - Covid Recovery Fund 8,518 OCT grant fund 16,399 SEND (2,863) Creative engagement programme 4,357 Youth Engagement Fund - Cheetham (19,228) Young People's Foundation 8,150 Amnesty International (427) Amnesty International 24-25 - Youth Alliance GM (19,820) MCC Keeping Young People Safe 9,371 The Growth Company 825 Windrush 861 YPF LYP - YPF Trust 7,656 Arts Council England CYP Microgrants Pilot - Esmee Fairbairn YM (Funding Plus) - NHS Asthma - MCC- Members Day - MCC North Manchester Review - Total 72,073 |
Income £ 184,000 - 54,162 - - - 31,000 144,788 - 267,292 1,920 1,638 4,000 54,000 20,000 - 1,330 - - 13,529 8,500 27,000 3,000 12,429 828,588 |
Expenditure £ (17,015) - (31,048) (41,950) (1,218) - (6,400) (142,346) - (231,009) (7,345) (260) (951) (40,394) (20,000) (825) (1,697) (7,656) (6,200) (8,340) - - (12,429) (577,083) |
Transfers £ - - - - 1,218 (8,518) - - - - - (951) - - - - (493) 7,656 (7,656) (7,329) - - - - (16,073) |
Balance at 31 March 2025 £ 166,985 869 35,801 2,768 - - 40,999 (421) 4,357 17,055 2,725 - 3,049 (6,214) 9,371 - 1 - - - 160 27,000 3,000 - 307,505 |
|---|---|---|---|---|
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Notes to the accounts for the year ended 31 March 2025 (continued)
Analysis of movements in restricted funds continued
Comparative period
| Balance at 1 April 2023 Seed Funding 19,780 City of Social Action 17,286 Youth and Play 20,355 Mental Health Fund 90,000 Children in Need 107,343 MHCC Covid Recovery Fund - OCT Grant Fund 14,118 SEND 12,516 Creative Engagement Partnerships 4,357 Cheetham - Youth Engagement Fund 41,634 Young People's Foundation 5,308 Amnesty International - Youth Alliance GM - Esmee Fairbairn - GM Moving Youth Alliance - MCC Cheetham Keeping Young People Safe - MCC North Manchester Review - The Growth Company - Windrush - YPF LYP capacity building - Total 332,697 |
Income - 1,000 22,542 - 112,500 61,518 20,000 193,432 - 93,428 5,000 - 22,000 80,000 20,000 - 3,000 7,150 17,033 658,603 |
Expenditure (19,780) (17,417) (30,210) (45,282) (219,843) (53,000) (17,719) (208,811) - (154,290) (2,158) (427) (41,820) (80,000) (10,629) - (2,175) (6,289) (9,377) (919,227) |
Transfers - - - - - - - - - - - - - - - - - - - |
Balance at 31 March 2024 - 869 12,687 44,718 - 8,518 16,399 (2,863) 4,357 (19,228) 8,150 (427) (19,820) - 9,371 - 825 861 7,656 72,073 |
|---|---|---|---|---|
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Notes to the accounts for the year ended 31 March 2025 (continued)
| Name of | |
|---|---|
| restricted fund | Description, nature and purposes of the fund |
| #Iwill fund | Match funding the Hope for Cheetham Youth Endowment Fund (YEF) |
| programme. The funds include programme management costs and grants | |
| funding to distribute. | |
| City of Social Action | A project supporting the voice of Children and young people in the City of |
| Manchester. | |
| Youth and Play | Delivery of Youth and Play service for Children and Young People. |
| Mental Health Fund | Supporting children and young people's mental health as a result of covid 19. |
| Children In Need | 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. | |
| MHCC Covid Recovery | Supporting the voluntary sector to mitigate the effect of the pandemic on |
| Fund | business continuity. |
| OCT Grant Fund | To improve networks in the voluntary sector. |
| 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. | |
| Creative Engagement | The Creative Engagement Partnership for Young People had the purpose of |
| Partnership | 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. | |
| Cheetham - Youth | A 5-year investment into Cheetham Hill for the purpose of delivering the |
| Engagement Fund | community created Hope for Cheetham strategy to change systems that |
| support young people from Cheetham Hill to achieve their hopes and | |
| ambitions and protects young people from violence. | |
| Young People's | A grant awarded by the YPF Trust to be used on staff training, development |
| Foundation Grant | and support in response to the added pressure created by the Covid-19 |
| pandemic. | |
| Amnesty International | Funding to support children and young people to engage in consultations |
| around economic, social and cultural rights. | |
| Amnesty International | A restricted project to deliver human rights training to Manchester VCSE |
| 24-25 | organisation. |
| Youth Alliance GM - | Funding to support the development of a network of youth and play |
| Esmee Fairbairn | organisations across Greater Manchester to strategic advocate and collaborate |
| on issues from a Greater Manchester perspective and build on the success of | |
| #beewell. |
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Notes to the accounts for the year ended 31 March 2025 (continued)
| Name of | |
|---|---|
| restricted fund | Description, nature and purposes of the fund |
| GM Moving Youth | An investment to explore and pilot the role of youth organisations in |
| Alliance | supporting sport and physical activity outcomes for children and young people. |
| MCC Cheetham | A grant to resource programmes that support young people up to the age of |
| Keeping Young People | 19 to engage in recreational activities, develop their skills, advance education, |
| Safe | relieve unemployment, advance emotion and physical health and wellbeing. |
| The Growth Company | A sponsorship of the Manchester’s Supplementary Schools Achievement |
| event. | |
| Windrush | Investment to support a programme of engagement for youth organisations |
| and supplementary schools to increase awareness of the windrush | |
| compensation scheme. | |
| YPF LYP capacity | Funding to cover Young Manchester time supporting the YPF Trust in |
| building | supporting the development of local youth partnerships across the North West |
| of England. | |
| YPF Trust | A restricted project payment to support the delivery of the Manchester |
| Supplementary School Partnership. | |
| Arts Council England - | A project grant to explore/research how the Arts Council could deliver a |
| CYP Microgrants Pilot | microgrants programme for children & young people |
| Esmee Fairbairn YM | Supplemental funding from Esmee Fairbairn to support Young Manchester's |
| (Funding Plus) | development and sustainability |
| NHS Asthma | A commission from Local Care Organisation to deliver an awareness and |
| research project around children's and young people's inhaler use in the | |
| treatment of Asthma | |
| Manchester City | Funding to support Young Manchester's members days. |
| Council - Members | |
| Day | |
| MCC North | A commissioned project to deliver a review of youth organisations and youth |
| Manchester Review | assets in North Manchester, as well as young people's perceptions of the level |
| of provision in their community. |
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Notes to the accounts for the year ended 31 March 2025 (continued)
16 Analysis of movement in unrestricted funds
| Comparative period General fund General fund Name of unrestricted fund General fund |
Balance at 1 April 2024 Income Expenditure Transfers £ £ £ £ 154,388 59,744 (165,476) 16,073 154,388 59,744 (165,476) 16,073 Balance at 1 April 2023 Income Expenditure Transfers £ £ £ £ 188,681 137,544 (171,837) - 188,681 137,544 (171,837) - Description, nature and purposes of the fund The free reserves after allowing for any designated funds. |
As at 31 March 2025 £ 64,729 64,729 As at 31 March 2024 £ 154,388 154,388 |
|---|---|---|
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Notes to the accounts for the year ended 31 March 2025 (continued)
- 17 Analysis of net assets between funds
| Net current assets/(liabilities) Total Comparative period Net current assets/(liabilities) Total |
General fund £ 64,729 64,729 General fund £ 154,388 154,388 |
Designated funds £ - - Designated funds £ - - |
Restricted funds £ 307,505 307,505 Restricted funds £ 72,073 - |
Total 2025 £ 372,234 372,234 Total 2024 £ 226,461 226,461 |
|---|---|---|---|---|
- 18 Reconciliation of net movement in funds to net cash flow from operating activities
| Net income/(expenditure) for the year Adjustments for: Decrease/(increase) in debtors Increase/(decrease) in creditors Net cash provided by/(used in) operating activities |
2025 £ 145,773 47,467 (88,732) 104,508 |
2024 £ (294,917) (4,484) 64,458 (234,943) |
|---|---|---|
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