|||Page|| |---|---|---|---| |Reference and Administrative
Details|||| |Report ofthe Trustees|2|to|11| |Report ofthe Independent
Auditors|12|to|15| |Statement of Financial Activities||16|| |Balance Sheet||17|| |Cash Flow Statement||18|| |Notes to the Cash Flow Statement||19|| |Notes to the Financial Statements|20|to|28| |Detailed Statement
of Financial Activities|29|Io|30| |REGISTERED|OFFICE|Inspire Youth Zone||| |---|---|---|---|---| |||Chapel Street||| |||Chorley||| |||Lancashire||| |||United
Kingdom||| |||PR7 1BS||| |REGISTERED|COMPANY|09972518(England|and|Wales)| |NUMBER||||| |REGISTERED|CHARITY|1167309||| |NUMBER||||| |AUDITORS||McMillan
&Co LLP||| |||Chartered
Accountants||and| |||Statutory
Auditor||| |||28 Eaton Avenue||| |||Matrix Office Park||| |||Buckshaw
Village||| |||Chorley||| |||Lancashire||| |||PR7 7NA||| |BANKERS||Handelsbanken||| |||Winkley Chambers||| |||30Winkley Square||| |||Preston||| |||PR1 3JJ||| ## ## |Directors and Trustees|Directors and Trustees|Directors and Trustees||| |---|---|---|---|---| |The Directors and Trustees ofthe Charity who served|||during|the period are:| |James Carter||||| |Gwynne
Furlong||||| |Andrew
Turner||||| |Matthew
Currie||||| |Stacey Turner|Resigned|2 December 2020||| |Stephen
Hitchen|Resigned|2 December 2020||| |David Barton||||| |Neale Graham||||| |Christopher
Sinnott||||| |Heather Aust|Appointed|10February 2021||| |Anthony
Garner|Appointed|10February 2021||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||||2021|2020| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total|Total| |||||Notes|fund
f|fund
f|funds
f|fundsf| |INCOME AND ENDOWMENTS|||FROM|||||| |Donations
and legacies||||2|835,914|386,770|1,222,684|945,697| |Charitable
activities||||||||| |Youth Zone activities|||||5,409||5,409|59,085| |Catering
income
Facilities hire|||||2,271
24,800||2,271
24,800|48,415
36,903| |Other trading
activities
Investment
income||||3
4|90,590
718|7|90,590
725|53,097
544| |Other income|||||174,576||174,576|30,152| |Total|||||1,134,278|386,777|1,521,055|1,173,893| |EXPENDITURE ON||||||||| |Raising funds||||6|3,860||3,860|12,195| |Charitable
activities||||||||| |Youth Zone activities|||||543,511|514,749|1,058,260|1,044,075| |Total|||||547,371|514,749|1,062,120|1,056,270| |NET INCOME/(EXPENDI||rURE)|||586,907|(127,972)|458,935|117,623| |RECONCILIATION
OF FUNDS||||||||| |Total funds brought|forward||||326,707|4,644,014|4,970,721|4,853,098| |TOTAL FUNDS CARRIED FORWARD|||||913,614|4516,942|5429,956|4,979,721| ## |Balance Sheet
31 March 2021||||||| |---|---|---|---|---|---|---| ||||||2021|2020| ||||Unrestricted|Restricted|Total|Total| ||||fund|fund|funds|funds| |||Notes|F|F|6|5| |FIXEDASSETS||||||| |Tangible assets||13||4,514,115|4,514,115|4,621,020| |CURRENT ASSETS||||||| |Stocks||14|2,094||2,094|1,750| |Debtors||15|35,305||35,305|67,945| |Cash at bank and|in hand||1,135,346|1,927|1,137,273|390,956| ||||1,172,745|1,927|1,174,672|460,651| |CREDITORS||||||| |Amounts
falling due within one year||16|(259,131)||(259,131)|(110,950)| |NET CURRENT ASSETS|||913,614|1 927|915,541|349,701| |TOTAL ASSETS|LESSCURRENT|||||| |LIABILITIES|||913,614|4,516,042|5,429,656|4,970,721| |NET ASSETS|||913614|4,516,042|5,429,656|4,970,721| |FUNDS||17||||| |Unrestricted
funds|||||913,614|326,707| |Restricted
funds|||||4,516,042|4,644,014| |TOTAL FUNDS|||||5,429,656|4,970,721| ## ## |Cash Flow Statement
for the year ended 31 March 2021||| |---|---|---| ||2021|2020| |Notes||| |Cash flows from operating
activities
Cash generated
from operations
1|766,776|208,425| |Net cash provided
by operating
activities|766,776|208,425| |Cash flows from investing
activities
Purchase
oftangible fixed assets|(21,774)|(173,715)| |Sale oftangible
fixed assets
Interest received|590
725|544| |Net cash used
in investing
activities|~29,459)|~77377)),| |Change
in cash and cash equivalents
in the reporting
period|746,317|35,254| |Cash and cash equivalents
at the
beginning
ofthe reporting
period|390,956|355,702| |Cash and cash equivalents
at the end
ofthe reporting
period|1,137,273|390,956| ## ## |year ended 31 M|ar|ch 2021|ch 2021|ch 2021|ch 2021|||| |---|---|---|---|---|---|---|---|---| |RECONCILIA'TION||OF NET INCOME To NET CASH FLOW||||FROM OPERATING ACTIVITIES||| ||||||||2021|2020| ||||||||E|k| |Net income for the reporting
Financial Activities)||||period (as per the|Statement|of|458,935|117,623| |Adjustments
for:
Depreciation
charges
Interest received|||||||128,089
(725)|116,798
(544)| |(Increase)/decrease||in stocks|||||(344)|437| |Decrease/(increase)
Increase
in creditors||in debtors|||||32,640
148 181|(37,916)
12,027| |Net cash provided||by operations|||||766,776|208,425| |ANALYSIS OF CHANGES|||IN|NET FUNDS||||| ||||||At 1/4/20||Cash flow|At 31/3/21| |||||||E||6| |Net cash||||||||| |Cash at bank and|in|hand||||390,956|746,317|1,137,273| |||||||390,956|746,317|1,137,273| |Total||||||390,956|746,317|1,137,273| ## ## ## ## ## ## ## ## ## |||||||2021
f|2020
f| |---|---|---|---|---|---|---|---| |Donations||||||1 222,684|945,697| |Donations|||||||| ||||Unrestricted|Restricted||Total|Total| ||||2021
f|2021
f||2021
f|2020
f| |Donations|through|OnSide|||||| |Foundation|||||||145,000| |Chorley Council|||100,000|||100,000|100,000| |Founder Patrons|||272,829|||272,829|368,406| |Grants and|trusts||416,672|386,070||802,742|130,697| |Others|||46,413||700|47,113|190,449| |Gift Aid|||||||10,945| ||||835,914|386,770||1,222,684|945,697| ## |3.|OTHER TRADING ACTIVITIES||| |---|---|---|---| |||2021
f|2020
f| ||Fundraising
events||16,677| ||Other fundraising|90,590|36,420| |||90,590|53,097| |4.|INVESTMENT INCOME||| |||2021
f|2020
f| ||Deposit account interest|725|544| ## ## |for t|he year en|ded 31 March 2021|ded 31 March 2021|ded 31 March 2021|ded 31 March 2021|ded 31 March 2021|||| |---|---|---|---|---|---|---|---|---|---| |5.|INCOME|FROM CHARITABLE ACTIVITIES|||||||| |||||||||2021|2020| ||||||Activity|||6|| ||Young people
Catering
income
Facilities hire||||Youth Zone activities
Catering
income
Facilities hire|||5,409
2,271
24,800|59,085
48,415
36,903| |||||||||32,480|144,403| |6.|RAISING|FUNDS|||||||| ||Raising|donations|and|legacies|||||| |||||||||2021|2020| |||||||||8|5| ||Fundraising
costs|||||||3,860|12,195| |7.|CHARITABLE ACTIVITIES||||COSTS||||| |||||||||Support|| ||||||||Direct|costs (see|| ||||||||Costs|note 8)|Totals| |||||||||6|E| ||Youth Zone activities||||||1,050,471|7,789|1,058,260| |8.|SUPPORT COSTS||||||||| |||||||||Governance|| ||||||||Finance|costs|Totals| ||||||||E|E|5| ||Youth Zone activities||||||1,459|6,330|7,789| |9.|NET INCOME/(EXPENDITURE)||||||||| ||Net income/(expenditure)|||is|stated after charging/(crediting):||||| |||||||||2021|2020| ||||||||||E| ||Auditors'|remuneration||||||6,330|6,360| ||Depreciation
- owned assets|||||||128,089|116,799| ## ## ## ## ## |year ended 31 Marc|h 2021||||| |---|---|---|---|---|---| |STAFF COSTS|||||| |||||2021
E|2020
f| |Wages and salaries
Social security costs
Other pension costs||||607,703
30,797
9,828|625,205
29,718
8,535| |||||648,328|663,458| |The average
monthly|number|of employees|during the year was as follows:||| |||||2021|2020| |Staff||||81|78| ## ## ## |


Office and
Administration
manager,
Youth
Work Manager,
Head
of Fund
Training
manager,
was 6198,200, an increase of the previous
year due
filled (2020:6159,095).|


Office and
Administration
manager,
Youth
Work Manager,
Head
of Fund
Training
manager,
was 6198,200, an increase of the previous
year due
filled (2020:6159,095).|


Office and
Administration
manager,
Youth
Work Manager,
Head
of Fund
Training
manager,
was 6198,200, an increase of the previous
year due
filled (2020:6159,095).|raising
and V
to the vacant|olunteer
and
position
now| |---|---|---|---|---| |COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||| |||Unrestricted|Restricted|Total| |||fund|fund|funds| |||F|E|6| |INCOME AND ENDOWMENTS||FROM||| |Donations
and legacies||780,777|164,920|945,697| |Charitable
activities||||| |Youth Zone activities||59,085||59,085| |Catering
income
Facilities hire||48,415
36,903||48,415
36,903| |Other trading
activities
Investment
income||53,097
471|73|53,097
544| |Other income||30,152||30,152| |Total||1,008,900|164,993|1,173,893| |EXPENDITURE ON||||| |Raising funds||12,195||12,195| |Charitable
activities||||| |Youth Zone activities||918,166|125,909|1,044,075| |Total||930,361|125,909|1,056,270| |NET INCOME||78,539|39,084|117,623| |RECONCILIATION
OF FUNDS||||| |Total funds brought|forward|248,168|4,604,930|4,853,098| ## ## |for th|e year ended 31 March|2021|||||| |---|---|---|---|---|---|---|---| |12.|COMPARATIVES FOR|THE|STATEMENT OF FINANCIAL ACTIVITIES -continued||||| ||||||Unrestricted|Restricted|Total| ||||||fund
f|fund
f|funds
f| ||TOTAL FUNDS CARRIED FORWARD||||326,707|4,644,014|4,970,721| |13.|TANGIBLE FIXEDASSETS||||||| ||||||Fixtures||| ||||Long|Plant and|and|Computer|| ||||leasehold|machinery
f|fittings|equipment
f.|Totals
f.| ||COST||||||| ||At 1 April 2020
Additions
Disposals||4,725,580|10,486|104,377
18,944
~2,300)|10,801
2,830|4,851,244
21,774
~2,300)| ||At 31 March 2021||4,725,580|10,486|120,961|13,631|4,870,658| ||DEPRECIATION||||||| ||At 1 April 2020
Charge for year
Eliminated
on disposal||175,966
94,512|2,074
1,916|45,808
27,825
~7,770)|6,376
3,836|230,224
128,089
~7,770)| ||At 31 March 2021||2)D,470|3 990|71,863|10,212|356,543| ||NET BOOK VALUE||||||| ||At 31 March 2021||4,455,102|6,496|49,098|3,419|4,514,115| ||At 31 March 2020||4,549,614|8,412|58,569|4,425|4,621,020| |14.|STOCKS||||||| |||||||2021
f|2020
f.| ||Stocks|||||2,094|1,750| |15.|DEBTORS: AMOUN'TS|FALLING DUE WITHIN ONE YEAR|||||| |||||||2021
f|2020
f| ||Trade debtors|||||10,341|53,794| ||Other debtors|||||2,836|6,109| ||Prepayments
and accrued income|||||22,128|8,042| |||||||35,305|67,945| ## ## ## |CREDITORS: AMOUN|TS
FALLING DUE WITHIN O|NE YEAR|| |---|---|---|---| |||2021|2020| ||||F| |Trade creditors||33,689|19,461| |Social security and other taxes||21,713|16,753| |Other creditors||280|2,022| |Staff salaries||43,925|41,438| |Accruals and deferred|income|159,524|31,276| |||259,131|110,950| ## |MOVEM|EN|T|IN FU|NDS|||| |---|---|---|---|---|---|---|---| |||||||Net|| |||||||movement|At| ||||||At 1/4/20|in funds|31/3/21| ||||||6|E|E| |Unrestricted|||funds||||| |General|fund||||326,707|586,907|913,614| |Restricted||funds|||||| |Restricted||property||fund|4,644,014|(127,972)|4,516,042| |TOTAL|FUNDS||||4,970,721|458,935|5,429,656| |Net movement
in fu|nds,
included
in the ab|ove are as follows:||| |---|---|---|---|---| |||Incoming|Resources|Movement| |||resources|expended|in funds| |||E|6|E| |Unrestricted
funds||||| |General
fund||1,134,278|(547,371)|586,907| |Restricted funds||||| |Restricted
property|fund|386,777|(514,749)|(127,972)| |TOTAL FUNDS||1,021 055|~),002,220)|450,025| ## |Comparatives
for|movement
in funds|||| |---|---|---|---|---| ||||Net|| ||||movement|At| |||At 1/4/1 9|in funds
F|31/3/20
f| |Unrestricted
funds||||| |General
fund||248,168|78,539|326,707| |Restricted funds||||| |Restricted
property|fund|4,604,930|39,084|4,644,014| |TOTAL FUNDS||4,853,098|117,623|4,970,721| ## ## ## |Comparative
net m|ovement
in funds,
inclu|ded
in the above are as follow|s:||| |---|---|---|---|---|---| |||Incoming|Resources||Movement| |||resources
f|expended
8||in funds
L| |Unrestricted
funds|||||| |General
fund||1,008,900|(930,361)||78,539| |Restricted funds|||||| |Restricted
property|fund|164,993|(125,909)||39,084| |TOTAL FUNDS||1,173,893|~10562,70)|,|117,623| |A current year 12 m|onths
and prior year 1|2 months
combined
position
is|as follows:|| |---|---|---|---|---| ||||Net|| ||||movement|At| |||At 1/4/1 9|in funds
f|31/3/21
F| |Unrestricted
funds||||| |General
fund||248,168|665,446|913,614| |Restricted funds||||| |Restricted
property|fund|4,604,930|(88,888)|4,516,042| |TOTAL FUNDS||4,853,098|576,558|5,429,656| |||Incoming|Resources|Movement| |---|---|---|---|---| |||resources|expended|in funds| ||||L'|E| |Unrestricted
funds||||| |General fund||2,143,178|(1,477,732)|665,446| |Restricted funds||||| |Restricted
property|fund|551,770|(640,658)|(88,888)| |TOTAL FUNDS||2,694,948|2,)) 738)00576,558|| ## ## ## ## ## ## |for the year ended|31 March 2021||||| |---|---|---|---|---|---| |||||2021|2020| |||Unrestricted|Restricted|Total|Total| |||funds|funds|funds|funds| |||F||6|6| |INCOME AND ENDOWMENTS|||||| |Donations
and legacies
Donations||835,914|386,770|1,222,684|945,697| |Other trading
activities
Fundraising
events
Other fundraising||90,590||99 999|16,677
36,420| |||90,590||90,590|53,097| |Investment
income|||||| |Deposit account interest||718||725|544| |Charitable
activities|||||| |Young people
Catering
income
Facilities hire||5,409
2,271
24,800||5,409
2,271
24,800|59,085
48,415
36,903| |||32,480||32,480|144,403| |Other income|||||| |Other income||19,737||19,737|30,152| |Furlough
grants||154,839||154,839|| |||174,576||174,576|30,152| |Total incoming
resources||1,134,278|386,777|1,521,055|1,173,893| |EXPENDITURE|||||| |Raising donations
Fundraising
costs|and legacies|3,860||3,860|12,195| |Charitable
activities|||||| |Wages
Social security
Pensions||305,601
12,180
4,257|302,102
18,617
5,571|607,703
30,797
9,828|625,205
29,718
8,535| |Insurance||10,872|10,499|21,371|22,833| |Telephone
Postage and stationery
Sundries||1,449
795
857|1,412
3,533
2,079|2,861
4,328
2,936|2,417
3,202
5,107| |Consultancy
costs
Travel costs||86|12,813|12,813
86|2,500
2,713| |Training
Computer costs
Carried forward||362
5,519
341,978|2,989
13,812
373,427|3,351
19,331
715,405|2,717
20,925
725,872| ## ## |Detailed Statement
for the year ended 31|of Financial A
March 2021|ctivities|||| |---|---|---|---|---|---| |||||2021|2020| |||Unrestricted|Restricted|Total|Total| |||funds|funds|funds|funds| |||F|6|6|| |Charitable
activities|||||| |Brought forward
Licences||341,978
5,063|373,427
2,626|715,405
7,689|725,872
849| |Other staff costs||473|4,822|5,295|1,758| |Legal and professional
fees
Marketing
and advertising
Recruitment
and DBSchecks||3,890
1,648
51|53
1,668
2,211|3,943
3,316
2,262|4,084
2,920
2,518| |Onside Network
Donation||24,750||24,750|29,000| |Hospitality
costs
Activity delivery costs
Premises costs||66
101,315
8,564|1 133|66
102,448
8,564|782
60,478
45,346| |Repairs and renewals
Utilities||29,718
18,927||29,718
18,927|13,357
32,845| |Long leasehold
Plant and machinery
Fixtures and fittings
Computer
equipment|||94,512
1,916
27,824
3,836|94,512
1,916
27,824
3,836|92,147
2,074
19,520
3,058| |||536,443|514,028|1,050,471|1,036,608| |Supportcosts|||||| |Finance|||||| |Bank charges||1,459||1,459|1,107| |Governance costs|||||| |Auditors'
remuneration||5,609|721|6,330|6,360| |Total resources expended||547,371|514,749|1,062,120|1,056,270| |Net income/(expenditure)||586,957|~1279727|458,,935|117,623|