REGISTERED COMPANY NUMBER: 09972518 (England and Wales)
REGISTERED CHARITY NUMBER: 1167309
Report of the Trustees and
Audited Financial Statements
for the Year Ended 31 March 2025
for
Chorley Youth Zone
(A Company Limited by Guarantee)
Mcmillan & Co LLP
Chartered Accountants and
statutory Auditor
28 Ealon Avenue
Matrix Office Park
Buckshaw Village
Chorley
Lancashire
PR7 7NA

Chorley Youth Zone
Contents of the Financial Statements
for the year ended 31 March 2025
Page
Reference and Admlnlstratlve Detalls
Report of the Trust8es
2 to 13
Report of the Independent Audltors
14 to 17
Statement of Flnanclal Actlvltles
18
Balanc& Sh@8t
19
Cash Flow Statement
20
Notes to the Cash Flow Statement
21
Notes to the Flnanclal Statements
22 to 36
Detalled Stalement of Flnanclal Actlvltles
37 to 38

Chorley Youth Zone
Reference and Administrative Details
for the year ended 31 March 2025
REGISTERED OFFICE
Inspire Youth Zone
Chapel Street
Chorley
United Kingdom
PR7 1BS
REGISTERED COMPANY
NUMBER
09972518 (England and Wales)
REGISTERED CHARITY
NUMBER
1167309
AUDITORS
Mcmillan & Co LLP
Chartered Accountants and
Statutory Auditor
28 Eaton Avenue
Matrix Office Park
Buckshaw Village
Chorley
Lancashire
PR7 7NA
BANKERS
Handelsbanken
1 sl Floor
Chalsworth House
Ackhurst Park
Chorley
PR7 1NW
INVESTMENT ADVISERS
Rowan Dartington & Co Lld
St James's Place House
1 Tetbury Road
Cirencester
Gloucestershire
GL7 1FP
Website hllp.'Il www.inspireyoulhzone.orgl
Page I

Chorley Youth Zone
Report of the Trustees
for the year ended 31 March 2025
Chorley Youth Zone was incorporated on 27 January 2016 (Company registration number.. 09972518) as a
compaTly limited by guarantee and registered as a Charity on 24 May 2016 (Charity registration number:
11673091
Tradlng name
Inspire
Directors and Trustees
The Directors and Trustees of the Charily who served'during the period are=
Matthew Hirst (Chair)
Heather Aust
David Barton
Julia Bales
Daniel Beaumont
James Carter
Paul Cook
Matthew Currie
Andrew Dunn
Neale Graham
James Morris
Christopher Sinnott
Andrew Turner
Kara Wood
resigned 16 January 2025
appointed 15 January 2025
appointed 15 January 2025
resigned 7 March 2025
appointed 15 January 2025
resigned 15 August 2024
appointed 3 August 2025
resigned 30 June 2024
appointed 15 January 2025
Jaines Carter acted as Interim Chair until Matthew Hirst was appoinled Chair on 1 January 2025.
Chlef Executlve
Janine Blylhe
WHO ARE WE7
Chorley Youth Zone, named 'lnspire' by young people, is a purpose-built facility for the borough's young
people aged 8-19, and up lo 25 for those with disabilities or special educational needs. The Youth Zone is
located in the heart of the town, on the corner of Railway Street and Chapel Street, wilh easy access on foot
and by bus. train and car.
Inspire is part of a network of similar independenl youth organisations Ihat all share the same principles,
developed by the Charity Onside (Charity registration number.. 1125893). Onside's mission is to empower
young people lo lead positive, fulfilling lives by providing access to incredible spaces and exceptional youth
work delivered by oulstanding people, where they are needed the most. Inspire offers annual membership
for only £5 and 50p per visit. ensuring provision is affordable for all. It provides a safe environment where
young people can spend their leisure lime. helping each young person to raise their aspirations, as well as
improve their physical, and menlal heallh. There are up to 20 different activities available each night,
including football, boxing, dancin9. climbing, creative art5, music, drama and employability training.
Inspire follows the sustainable model used across the network, comprising of a unique partnership approach.,
drawing together the Local Aulhorily. private seclor business people, young people and the local community,
This partnership approach aims to embed the Youth Zone in the community for the long term, whilst meeting
the immediate needs of young people.
Pag& 2

Chorley Youth Zone
Report of the Trustees
for the year ended 31 March 2025
OBJECTIVES AND ACTIVITIES
Inspiro Objectives
Inspire (Chorley Youth Zone)'s objects are to help and educate children and young people resident in
Chorley and surrounding areas through their leisure time activities by promoling their full physical and
spiritual potential in order that they may grow to full maturity as individuals and members of society and their
orbditions of life may improve.
Inspire's vision is that every young person in the Chorley Borough and surrounding areas has the opportunity
lo grow up lo be the best they can be. We do this by providing a safe and nurturing environment where
young people can learn, develop, grow, have fun, and gel the support they need, when they need il.
Inspire Youth Zone opened its £4.8m. state-of-the-art youth facility in May 2018. Part of Ihe rapidly growing
'OnSide Network,, Inspire offers a huge range of activities and support that aims lo give young people
sorrewhare lo go, something to do and someone to talk lo. We believe that all young people deserve a high-
quality and inspirational place they can call their own, to make new friends, try new things. and get the
support they need. We also believe this should be affordable to all, which is why annual membership Gosls
jusl £5, and entry to access all facilities and activities, Is just 50p per visit. Inspire is open when schools are
closed, evenings, weekends. and holidays, 52 weeks per year.
Inspire supports young people between the ages of 8-19 years (up to 25 for those with a disability), and also
seeks to support the wider community, providing weekly 'family days, aimed not just at the siblings and
families of members, bul also al the wider community. Adults are encouraged lo attend. as long as they are
accompanied by a childl On these sessions the whole family are encouraged lo participate in activities
together.
Over the pasl year, we have further opened our doors to embed into the community launching "Inspire
Invites" every Friday - our own take on community warm hubs. Rising from three attendees the first day we
launched these sessions to now having over 100 regulars each week who come to us for free activities, food,
and connection.
Our Values
In•plr(rtlonal'.
Supportlve:
we'ro here
when
noeded,
Pfos•nl:
vjè're
èngagDd and
118tenlnH.
whaV*
posslbh.
Inspire Actlvltles
Inspire aims lo ensure that young people have the opportunity lo discover Iheir passion and their purpose.
Wo do this by giving young people from diverse backgrounds access lo incredible facilities in a vibrant,
purpose-built space packed with engaging activities, and the opporlunily to make friends, develop new skills,
unlock their potential and have fun.
Actlvltles
Al Inspire, members can 'Be Inspired, to..
Be Honest - talk about what is going on for them. and sometime5 discuss how our behaviour
impacts others, a place to give and receive help and support
Be Crèative - in our wonderful art. craft and textiles space, trying new and amazing ways of self-
expression
Page 3

Chorley Youth Zone
Report of the Trustees
for the year ended 31 March 2025
Be Fil
in the Inspire gym; high-end, friendly and accessible cardio. weights, free weights and
circuits and box fit - just for members!
Be Comfoitable - sometimes you jusl need a space that's a little quieter and chilled, where you can
read, do homework, play board games (and LEGO)!
Be Adventurous - wonderful climbing wall with qualified climbers (and a bit of healthy competition)
Be Active 2 court sports hall and a programme of activities including basketball, netball, tennis,
badminton, Fulsal, dodgeball and so much more
Be Loud - drums. keyboard. guitar, band practice, radio stah'on, karaoke and lip sync battles and not
forgetting the Inspire YouTube Channel
Be Onside - football, louch rugby and other stuff - in our cix)I, state of the arl. basement pitch
Be Dramatic
street dance, drama games. musical theatre, cheerleading, tumbling and morris
dancingl
Be Transformed
so much more than make-up. nails and hair, this is all about being the best
version of YOU and practicing kindness. acceptance, tolerance, self-esteem, self-confidence and
learning how to be safe in a modern, digital world and get advice and guidance about relationships,
family and friendships (age appropriate).
Makers Zone - developed in 2023124 the Makers Zone allows for the development of codlng skills,
3D printing, laser printing, technical Crafts and making in general. with an enterprise focus helping
to develop skills and creativity for the futurel
Be Tasty - in the Inspire Teaching kitchen. learning essential life skills to prepare for adulthood
Be Refuelled - food, it's importanl. The cafe provides hol and healthy home cooked meals from just
£1 affordable for everyone
Be Social - in the Inspire Recreation Area. the beating heart of the Youth Zone, pool, darts, ping
pong, silly games, play slation battles, dancing and sing offs and a place to relax with fiiends
Inspire also provides targeted holiday and food activity clubs during the school holidays, focused on young
P8ople with disabilities and young people in receipt of free school meals or who are othe￿iSe vulnerable.
Inspire's offer is about far more than just surface level activities though. We offer a future. From climbing lo
coding, music lo mindfulness, art to fitness - everything we do is led by Youth Workers who do so much
more than run sessions.
They become trusted adults, positive role models, and the support system many young people have never
had. They sland shoulder to shoulder with young people through their struggles in school, at home, or with
mental health. They leach real life skills. boost confidence, and help young people see a future they've never
even imagined for themselves.
Page 4

Chorley Youth Zone
Report of the Trustees
lor the year ended 31 March 2025
OBJECTIVES AND ACTIVITIES
Progress agalnst 5 year strategy
The focus duTing the 2024125 financial year has conts-nued to be an incremental return to 'business as usual,
following several years of significant disruption. As expected, we have seen the knock-on impact of the
pandemic and subsequent cosl of living crisis. continuing to affect children, young people and their families.
Social, emotional and physical development continues to be affected, impacting confidence, achievement.
health and resilience. Increasing cost of living and food prices continues to affect our poorest families,
causing food poverty and again, knock on heallh issues. That said. this year has been very slrong in terms of
performance with numbers of young people supported and the number of engagements back to pre-
pandemic levels.
Fiscal uncertainty, the continuing impact of Brexit, rising interest rates and political uncertainty has mad8
fundraising difficult over the last 12 months especially when such a large proportion of income comes from
local private sector businesses.
In the final year of this strategy period, our overall priorities have remained, but with an additional focus on
governanG@, planned refreshment of the Trustee Board, and planning for the next strategy period.
To be financially secure with positive cashflow and robust financial management processes
For Inspire lo be the number one destination for the young people of Chorley
To be a safe and inspiring place for people lo work and young people to enjoy
To Taise awareness and impact of Inspire as a flagship local charity and secure financial support
Irom the business and local community
54.035
3047
12.534
9522
1498
ACTtVll IE¥
'KkC.11 ITA Tfts
LSSIL>14ts
ULLIVLItL
LNtyA£•LMENI'
Flnanclally secure
2024125 continued to present significant challenges auoss the charity sector and Inspire was no exception.
Despite a resilienl approach. the external fundraising environment remained volatile, shaped by ongoing
economic uncertainly and shifting donor priorilies.
Philanthropic giving, corporate partnerships, and community fundraising remain central pillars of Inspire's
fundraising strategy. However, the year saw notable setbacks, including the withdrawal of support from two
major donors due to instability and changes within their respective businesses. While our stewardship efforts
remained strong and helped relain most existing supporter5. the ability to secure new, mulliyear
commilmenls. a cornerstone of our long-term fundraising model, proved particularly difficult, resulting in
significant underperformance in this area.
Investments have not performed as well as hoped. but the Board continues to keep Ihis, and the investment
strategy, under constant review with the aim of maximising Ihe return on this investment for the long-term
security of the charity.
On a niore positive note. grant and contract iticome perfomied in line with expectations, providing a stable
and reliable foundation upon which other fundraising activities could be buill. This conslstency has been vital
in maintaining core service delivery and 5UPPOrting our broader mission during a challenging financial year.
Page 5

Chorley Youth Zone
Report of the Trustees
for the year ended 31 March 2025
OBJECTIVES AND ACTIVITIES
Inspire applied for, and secured. a contract with Cadent on behalf of the Onside Network. The Gontract is
focussed on supporling vulnerable families and individuals, especially those at risk of energy poverty. While
the contract is significant at over £1million over 2 years. in effect, the vast majority of this funding is
dispersed across the Youlh Zone nelwork to 10 other Youth Zones. Inspire effectively acts as a contract
manager for this fund.
Looking ahead. Inspire remains committed to strengthening its fundraising resilience, diversifying income
slreams, and deepening relationships with supporters to ensure long-term sustainability.
Despite the challenges faced in the year, Inspire has continued to manage it's financial resources with care
and discipline. Close managemenl of expenditure, robust financial policies, and a clear long-term investment
slralegy have underpinned our approach to sustainabilily.
A key Gomponenl of thls strategy is the development of a designated sinking fund. established lo support the
plannad refurbishment of our building in the coming years. This forward-looking measure reflects our
commitment lo maintaining and enhancing our premises while safeguarding the Gharity's future.
Number One Desttnatlon for Chlldren and Young People
Consultation with partners has seen Inspire do more in Ihe communily over the last year with detached youth
work largeling some of the most deprived areas in the borou9h and using our 'Scran Van, to ensure access
lo food for young people in the community, especially in the school holidays.
In addition, this year has seen the continuation of delivering intervenlion5 in both primary and secondary
schools, to help support education outcomes by focusing on health and wellbeing prevention and early
intervention programmes with primary aged children and attendance, anxiety and behaviour support in high
schools. This co-ordinated approach is aimed al preventing the escalation of issues that may impact on
health and wellbeing and also school attendance and lo help schools to 'wrap supporl, around ¢hildren and
young people at rlsk.
As a result of the level and complexity of safeguarding issues presented, Inspire has invested in a Targeted
Seivices Manager role that will also act as Designated Safeguarding Lead and key coordinator, focused on
quality, improving reporting and management of safeguarding reporting as well as enabling Inspire lo be
more proactlve in supporting young people and partners.
In this financial year, Inspire has supported well over 3.000 young people, and over 54,000 engagements,
exceeding the largels for the year.
Over 3.000 young people
supported.
54,000 engagements
Page 6

Chorley Youth Zone
Report of the Trustees
for the year ended 31 March 2025
OBJECTIVES AND ACTIVITIES
A safe and inspiring place
Inspire continues to prioritise the safely, wellbeing. and development of everyone who engages with our
sèrvices. We lake our responsibilities around heallh and safely and safeguarding extremely seriously, and
this year we have continued to make further investments in training, systems, workflows and staffing
strLlCture to support effective case management and escalation. Our safeguarding approach is strengthened
through close collaboration with schools, early intervention Se￿ices, and other partners working with children
and young people across the borough.
Our vision and values are now deéply embedded in all inlernal processes which are reviewed annually lo
ensure continued relevance and effectiveness. We place high importance on Iraining and support of our
team, recognising that a well equipped workforce is 8sseniial to delivering safe and impactful setvices.
Ithilst Inspire continues to benefit from high levels of staff commitment, turnover remains higher than ideal,
pariicularly among part lime and sessional staff This trend mirrors patterns seen in allied sectors such as
education, leisure, health, and social care. and appears to reflect broader labouf market challenges rather
than organisational factors.
We are proud to have exceeded National Minimum Wage standards again Ihis year and remain committed to
paying the National Living Wage wherever possible. This reflocts the value we place on our team and our
appreciation of the vital work they do. Encouragingly, we are also starting to see growth in both the quality
and quanlily of volunteering which is a posilive indicator of community engagement and support.
I nsplre . A Ilagship local Charlty
Since opening in 2018, Inspire has supported over 12.000 local young people, makin9 a significant and
lasting impact on children. families. and the wider community. Wilh an average of over 1,000 engagements a
week, we are constantly looking for ways lo exlend our reach even furfher.
Our weekly community day, known locally as 'lnspire Invites. has gone from strength lo strenglh. A 'Warm
Hub, for the local community. this has become a mainstay of local provision as we work closely with local
Partners and the Social Prescribing Service lo provide a valuable service aimed at combating loneliness,
encouraging connections and promoting mental and physical wellbeing for adulls. Sponsored by our key
partner Cadent, this initiative transforms our building inlo a vibrant community cenlre with services including
cooking on a budget, energy advice, carbon monoxide safety, and energy efficiency guidance, helping lo
address practical needs while fostering connection and wellbeing.
Page 7

Chorley Youth Zone
Report of the Trustees
for the year ended 31 March 2025
OBJECTIVES AND ACTIVITIES
Located between two of the most deprived areas in Chorley, Inspire is uniquely placed to offer accessible
stjppoil to those who need il most. This initiative is helping to combat loneliness. improve mental health, and
build a slrongèr, more resilient communily.
Raising Inspire's profile in the local community remains a priority, helping us to reach and support young
people wherever they are and encouraging a whole community response.
The return of communily-led events marks the beginning of a renewed effort to engage local people in not
Just being aware of Inspire's mission, bul supporting it. These events not only help raise essential funds but
also play a vilal role in raising the charity's profile within the community and among local businesses the
more people we can talk to and engage in conversation. the more we can spread the word of our funding
model, our impact and how our Gommunily can help to ensure our survival.
As a stlll relalively young charity, Inspire recognises the importance of building visibility and securing high-
profile support. We are committed lo growing our presence and slrengthening relationships with supporters
so we can both utilise them as a platform lo help spread our messaging and inform, and ullimalely to ansure
we can continue delivering high-quality seivices for children, young people, and families across the borough.
Achlevements durlng the year
Over the past year, we have worked hard lo raise Inspire Youth Zone's profile and cement our position as a
flagship local charity. Our team and young people have allended a wide range of community events from the
Chorley Flower Show and Adlington Carnival to school fairs and local celebrations - meeting new people,
sharing our mission, and inspiring others to get involved.
A key achievement has been the growth of our Community Ambassadors programme. These young people
have represented us not jusl at a local level. but at a national level too. They confidently attend events,
speaking first-hand about how Inspire has impacted Iheir lives. encouraging others to join, and
demonstrating the real value of supporting us.
We have also created plalfonns for young people lo showcase theii talents skills Ihey have developed and
the confidence Ihey have gained through Inspire. From performing at Chorley Live to taking Ihe stage at the
Chiislmas Light Switch On, these moments challenge misconceptions that Youth Zones are "just for naughty
kids" and instead highlight that we are a vibranl. inclusive space for all young people.
Every public appearance, pertormance, and conversation has strengthened our reputation, influenced
percaptions, and helped ensure that Inspire Youth Zone is recognised as a vilal, posilive force at the heart of
the community.
Page 8

Chorley Youth Zone
Report of the Trustees
for the year ended 31 March 2025
OBJECTIVES AND ACTIVITIES
Public beneflt
The Trustees of Chorley Youth Zone believe Ihey have complied with the duly in section 17 of the Charities
Act 2011 to hava due regard to the public benefit guidance published by tha Charity Commission
Inspire Youth Zone is a safe, welcoming Spa￿ where young people (aged 8-19 and up to 25 with additional
needs) can just be Ihemselves, try new things. make friends, and feel supporled, no malter their background
or circumstances.
Membership is just £5 8 year and sessions cost only 50p. And if even that is too much, we'll cover it - no
questions asked.
With over 20 activities every night and incredible facilities like a climbing wall. gym, music room, Makers
Zone, dance sludio. art space, sporls hall and football pitch there really is something for everyone. W8
even serve hot meals for £1, or free if needed, because no young person should ever go hungry.
We're here to level the playing field, build confidence, leach life skills. and offer real support to help young
people thrive This is more than a youth club - this is their space lo grow. feel heard, and belong.
Fundralslng Statement
The Trustees have given due consideration lo Charity Commission published guidance on the operation of
thè public benefit requirement and are satisfied that Ihis requirement is met by carrying out the activities 85
described in this report
STRATEGIC REPORT
FINANCIAL REVIEW
Financlal posltlon
Donalions and legacie5 for Ihe year were £1,818,539 (2024:'£1,288.726), a significant number of which were
grants for new projects undertaken during the year. The associated costs for these new projects also meant
that expenditure increased, leaving a nel defbcil for the year of £128,851 (2024: £72,247).
The value of our investments fell slightly during the year. but these are held for the longer term and our view
15 that Iheir value will conlinue to increase in the future as markets recover from the current economi
climate.
The cash balances as at 31 March 2025 were £705,492 (2024: £847.514) and the closing net assets were
£4,973,498 {2024'. £5.102,349).
Priiicipal f u nding sources
Inspire raises funds by approaching businesses and philanthropic individuals who have an interest in
SUPPOfting young people. We also apply for grants from Trusts that have the same interest.
The charity is regislered with the Fundraising Regulator and complies fully with its code of conduct.
Primarily we work with people who have been introduced to our cause on a one-t¢>one basis and all
fundraising activities are monitored by the Chief Executive. During the period the charity received no
complaints regarding its fundraising activities.
The charity does not door-to-door street fundraise so doe5 not come into contact with vulnerable or other
people who may feel inlruded upon, unreasonably persistently approached or have had undue pressure
placed upon them.
Page 9

Chorley Youth Zone
Report of the Trustees
for the year ended 31 March 2025
STRATEGIC REPORT
Flnanclal review
Investment policy and objectlves
The charity continues to monitor its investments and investment policy in the light of world events. During
this period Inspire has continued its investments with funds not immediately required for operational delivery,
bul for known future cosls related to the building and its contents (sinking fund). The charity continues to
critically review both its income generation strategy and expenditure to ensure it continues to perform well,
taking full advantage of funding opportunilies, securing philanthropic and business support and generating
income while ensuring high qualily and cost*ffective delivery.
A full review of expenditure has been undertaken for the following year (2025126) ensuring that staffing levels
remain optimal and that Ihe charity secures best value for seNices wherever possible.
The cash exponditure of the charity is closely monitored by the executive team. along with the Board's
Finance Committee.
As wilh many charities of this nature, there are significant funding pressures and securing sufficient levels of
funding in-year will be a challenge. However, whilst It is never possible to be ceilain concerning future
events, the Trustees consider that Ihe steps they have taken are sufficient lo maintain the financial affairs of
the charity adequalely to enable it to conlinue ils activities at the current scale.
Reserves policy
The Board of Trustees has established a res8N8s policy which appropriately reflects the risks lo which the
Charity is exposed. In reviewing the potential costs that could arise should a significant reduction in income
be incurred, the Trustees hav6 determined that unieslricted, 'free' reserves should be mainlained at a
minimum of 3 months (with a largel to gradually feach 6 months free reserves).
Total unreslricled reserves at the end of the period were £938,523 (2024.. £994,781).
Operating costs in Ihe coming year are estim81ed lo be around £150k per month, reflecting an increase in
Ihe number of projects and corslracts being delivered Ihroughout the year. This dictates a minimum free
r8serve level of three months at £450k for 202512026 with a target lo retain 4 months (£600kl for this
purpose. The amount of free reserves is calculated and reviewed on a monthly b8SlS to ensure compliance,
with any vaiiance being reported to the Board. The reserves policy does nol consider expenditure which is
linked to restricted projects and therefore covered by reslricled funds.
Given the uncertainty related lo fundraising capability in the coming year the board agreed to a deficit budget
for the coming year, anticipatir¢g that approximately £125k of this year's reserves may be required in year to
enable Ihe full service to continue to be delivered.
The Trustees manage the Youth Zone's finances so that an adequate level of reserves and sinklng fund can
be maintained in compliance with this policy.
Flnanclal aiid risk management objectlves and policlès
The board fully accepts its responsibilities under Ihe Charity Commission's statemenl of Recommended
Practice ISORP). The Trustees have considered the major risks to which the charily is exposed and are
commilled lo ensuring these are effectively managed.
The Chief Executive and senior managers have undertaken comprehensive risk assessment and established
risk registers fiom a business and opefational perspective and have established risk management and
control procedures which are reviewed regularly by the board.
Page 10

Chorley Youth Zone
Report of the Trustees
lor the year ended 31 March 2025
STRATEGIC REPORT
Future plans
Inspire is constanlly evolving to meet the needs of the local communrty, within the context and objects of the
charity. The team has developed a new strategy covering the next 3-5 years, complemented by a Business
Plan and are currently developing a 'Culture Deck, lo sit alongside this. The strategy includes five key
priorities that reflect the ambilion of the organisation over the next three years.
P*IOftITYJ
NURTupiiioixe£u£N¢E
WtsR¥FOICE
PIIOFIts.'
IMCRE•SIMGIMD
IMqEOOINO
RestriGted funds and delivery contracts
£4,034,975 12024.. £4,107,568) will be Garried forward into 2025126 for restricted projects (see note 21).
Robust communication will be priorilised lo ensure that Inspire continues lo be able to meet is obligations for
any current contracts or agreements. We have excellenl relalionships with funders and will work with them to
adapt provision where needed.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governlng document
The charity is controlled by its governing document, a deed of trust. and constitutes a limited company,
Ilmited by guarantee, as defined by the Companies Acl 2006.
Inspire, Chorley Youth Zone is a company limited by guaranlee and is 9overned by ils Memorandum and
Articles of Association dated 27 January 2016. It is a Charity registered with the Charity Commission on 24
May 2016.
In the evenl of the Company winding-up, the members have guaranteed the liabililies of the Company to the
sum not exceeding £10 each.
Recruitment and appointment of new trustees
The first Directors were the subscribers lo the memorandum as notified to Companies House as the first
Directors of the Charity. A person appointed as a Direclor thereupon becomes a Member of the Charity and
a Direcloi who ceases to hold office for any reason thereupon ceases to be a Member ofthe Charity.
The Directors have power to appoint, by ordinary resolLJtion, any person to be a Director who is willing to acl
as such. A person appointed as a Director is also appointed, and registered with the Charity Commission, as
a Trustee.
The nLimber of Direclors should not be less than three and there is no maximum. At the first Annual General
Meeting all Direclors must retire and seek re-election. Dirèctors each commit to 1 year initially, after which a
review is undertaken. If both parties are willing the Director. Ihen commits to a minimum 3 year term. A
Director can commit to a further 3 year lerm (7 years maximum). In exlenuating circumstances the Board
may request a Director lo stay for a third and final term, subject to the needs of the Charity. Each Director
undeilakes an annual reviewlevaluation with the Chair to assess performance and to review plans for
continuing in their role or slepping away and successK)n planning.
The Members of the Charity are its Directors for the time being and the only persons eligible lo be Members
of the Charity are its Directors_
Page 11

Chorley Youth Zone
Report of the Trustees
for the year endèd 31 March 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational structure
Inspire (Chorley Youth Zone) is governed by its Trustee Board which is responsible for setting the strategic
diroclion of the organisalion and the policy of the Charity. The Trustees carry the ultimate responsibility for
the conduct of Chorley Youlh Zone and for ensuring Ihal the Charity satisfies its legal and contractual
obligations. The Trustees may delegate the implementation of their decisions or day-to-day management of
Ihe affairs of the Charity to any employee of Ihe Charity, person or committee as they think fit. Any
committee must include at leasl one Trustee.
Inspire has a number of sub-groups of the Board including Health and Safelyl Premises, Safeguarding, HR
and Remuneration and Income Generation. All groups include al least one board memberllrustee alongside
the operational counterparts. Actions required may be delegated by the board memberllrustee at their
discretion.
A Chief Executive Officer, appointed by tho Board. manages the day to day operations. To facilitate effective
operations the Chief Executive has delegated authority as approved by the Board lor all operational matters
includin9 finance, human resources and operational delivery. The board approves the strategic plan and
annual Business plan and sGrulinises business performance including financial performance as well as
providlng advice to the Chief Executive on operational matters of performance.
The pay of the Chief Executive Officer is reviewed annually by Ihe Remuneration sub-commillee.
benchmaiking salaries against Ihose of similar Youth Zones within the Onside Youth Zone Network and
sector.
Inductlon and tralning of new trustees
Newly appointed Iruslees are provided with comprehensive induction to Inspire Youlh Zone's provision,
including key information about the organisation's development, governance and safeguarding.
STATEMENT OF TRUSTEES. RESPONSIBILITIES
The trustees (who are also the directors of ChoTley Youth Zone for the purposes of company law) are
responsible for preparing the Report of the Trustees and Ihe financial slalemenls in accordance with
applicable law and Uniled Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
PractlC8).
Company law requires the trustees to piepare financial statements for each financial year which give a true
and fair view of the slate of affairs of the charilable company and of the incoming resources and application
of resources. including the income and expenditure, of the chaTilable company for that period. In prepafing
those financial statements, Ihe trustees are required lo
select suitable accounting policies and then apply them consislently.,
observe the methods and principles in the Charity SORP..
make judgements and estimates thal are reasonable and prudent:
prepare the financial statements on the going concern basis unless it is inappropriale to presume that the
charitable company will continue in business.
The Irustees are responsible for keeping proper accounting records which disclose with reasonable accuracy
al any time Ihe financial position of the charitable company and lo enable them to ensure that the financial
statemenls comply with the Companies Act 2006. They are also responsible for safeguarding the assets of
the charitable company and hence for laking reasonable steps for the prevention and detection of fraud and
olher irregularities.
In so far as the trustees are aware..
there is no relevant audit information ofwhich the charitable company's auditors are unaware., and
the Iruslees have taken all steps that they oughl to have taken to make Ihemselves aware of any relevant
audit information and to eslablish that the auditors are aware of that information.
Page 12

Chorley Youth Zone
Report of the Trustees
for the year ended 31 March 2025
AUDITORS
The audilors, Mcmillan & Co LLP, will be proposed for re-appointment at the forlhcoming Annual General
Meeting.
Report of the trustees, incorporating a slralegic report, approved by order of the board of trustees, as the
company directors. on 21 October 2025 and signed on the board's behalf by..
Mallhew Currie - Trustee
Page 13

Report of the Independent Auditors to the Members of
Chorley Youth Zone
Opinion
We have audited the fi'nancial stalements of Chorley Youth Zone (the 'charitable company,) for the year
ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash
Flow Statement and notes lo the financial statements. includin9 a summary of significant accounling policies.
The financial reporting framework that has been applied in Iheir preparation is applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial stalemenls..
give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its
incoming resources and applicalion of resources. including ils income and expenditure, for the year then
ended..
have been properly prepared in accordance with United Kingdom Generally Accepted AcGounting
Practice, and
have been prepared in accordance with the requirements of the Companies Act 2006.
Bas Is for opinion
We conducted our audil in accordance with International Standards on Audiling (UK) {ISAs (UK)) and
applicable law. OUT responsibilities under those standards are further described in the Auditors,
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 Ihal are relevant to our audit of the financial
slalemenls in the UK. including the FRC'S Ethical Standard. and we have fulfilled our other ethical
responsibilities in accordance wilh Ihese requirements. We believe that the audit evidence we have
obtained is sufficient and appropriate to provide a basis for our opinion.
Concluslons relatlng to going concern
In auditing the financial slalemenls, we have concluded that the trustees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not idenlified any material uncertainties relating lo events or
conditions that, individually or collectively, may cast significant doubl on the charitable company's ability to
continue as a going concern for a period of al least twelve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the Iruslees with respecl to going concern are described in the
relevant sections of this report.
Other informatlon
The trustees are responsible for the olhei information. The other information comprises the Information
included in the Annual Report, olher than the financial stalements and our Report of the Independent
Auditors ther&on.
Our opinion on the financial statemenls does not COV8r the other infonnatlon and, except to the extent
otherwise explicitly staled in our report, we do nol express any form of assurance conclusion Ihereon.
In connection with our audit of Ihe financial statements, our responsibility is to read the other information
and, in doing so, Gonsider whether Ihe other information is malerially inconsistent with the financial
statements or our knowledge obtained in the audit or otherwise appears to be malerially misslated. If we
identify such material inconsistencies or apparent material misstatements. we are required lo determine
whether this gives rise to a material misstatement in the financi81 statements themselve5. If, based on the
work w8 have performed, we conclude that there is a material misstatement of this other information. we are
required to report thal fact. We have nothing to report in this regard.
Opinlons on other matters prescrlbed by the Companies Act 2006
In our opinion. based on the work undertaken in the course of the audit=
the information given in the Report of Ihe Trustees for the financial year for which Ihe financial statements
are prepared is consistent with the financial statements., and
the Report of Ihe Trustees has been prepared in accordance with applicable legal requirements.
Page 14

Report of the Independent Auditors to the Members of
Chorley Youth Zone
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in
the course of the audil, we have not identified material misstatements in the Report of the Trustees.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to
report lo you if, in our opinion..
adequate accounting records have not been kept or returns adequate for our audit have not been
received from branches not visited by us., or
the financial statements are not in agreament with the accounting records and returns., or
certain disclosures of trustees, remuneration specified by law are nol made.. or
we have not received all the information and explanations we require for our audit.
Responsibilities of triistees
As explained more fully in the Statement of Trustees, Responsibilities, the Iruslees (who are also the
directors of the charitable company for the purposes of company lawl 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 slatemenls, the Iruslees are responsible for assessing the charitable company's
abilily to continue as a going concern, disclosing, as applicable. malters related lo going concern and using
the going concern basis of accounting unless the trustees either intend to liquidate the charilable company or
to cease operations, or have no realistic allemalive but to do so.
Page 15

Report of the Independent Auditors to the Members of
Chorley Youth Zone
Our responslblllties for the audit of the financlal statement5
Our obieclives are lo obtain reasonable assurance about whether the financial statements as a whole are
free from material misstatement. whelher due to fraud or error. and to issue a Report of the Independent
Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a
guarantee that an audit conducted in accordance with ISA5 (UK) will always delect a material mi5slatemenl
when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in
Ihe aggregate, they could reasonably be expected to influenGe the economic decisions of users taken on the
basis of these financial statements.
Our approach to identifying and assessing the risks of material misstatement in respecl of irregularities,
including fraud and non-compliance with laws and regulations, was as follows=
thè engag@menl partner ensured that the engagement leam collectively had the appropriate
competence, capabilities and skills to identify or recognise non-compliance with applicable laws
and regulations.,
we identified the laws and regulations applicable to the company through discussions with directors
and other management, and from our commercial kno￿edge and experience of the sector;
we focused on specific laws and regulations which we considered may have a direct material effect
on Ihe financial statements or the operations of the company, including the Companies Act 2006,
taxation legislation anrj data protection. anti-bribery, employment, environmental and health and
safety legislation,,
we assessed the extent of compliance with the laws and Tegulalions identified above through
making enquiries of management and inspecting legal correspondence; and
identified laws and regulations were Gommunicalod wilhin the audit team regularly and the team
remained alert to instances of non-compliance throughout the audit.
We assessed th8 suscepiibility of the company's financial statements to material misstatement, Including
obtaining an understanding of how fraud might occur. by..
making enquiries of management as lo where they considered there was susceptibility to fraud,
their knowledge of actual. suspected and alleged fraud; and
considering the internal controls in place lo mitigate risks of fraud and non-compliance with laws
and regulations.
To address the risk of fraud through management bias and override of controls. we..
performed analytical procedur8S to identify any unusual or unexpected relalionships., and
tested journal entries to identify unusual Iransactions.
In I'e5ponse to the risk of irregularities and non-compliance with laws and regulations, we designed
procedures which included, bul were not limited to..
agreeirig financial statement disclosures to underlying supporting documenlation.,
reading the minutes of meetings of those charged with governance;
enquiring of management as to actual and potenlial litigation and claims., and
reviewing correspondence wilh HMRC, relevant regulators including the Health and Safety
Executive, and the company's legal advisors.
There are inherent limitations in our audit procedures described above. The more removed that laws and
regulations are from financial Iransactions, the less likely il is that we would become aware of non-
compliance. Auditing standards also limit the audit proceduies required to identify non-compliance with laws
and regulations to enquiry of the directors and olher management and the inspection of regulatory and legal
correspondence, if any.
A furthèr description of our responsibililies for Ihe audit of the financial slatements is located on the Financial
Reporting Council's website at ww.frc.org.uklauditorsresponsibilities. This description forms part of our
Reporl oflhe Independent Auditors.
Page 16

Report of the Independent Auditors to the Members of
Chorley Youth Zone
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of
Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might stale to the
charitable company's members Ihose mallers we are required to state to them in an auditors, report and for
no other purpose. To the fullest extent permilled by law. we do not accept or assume responsibility to
anyoiie other than the charitable company and Ihe charitable company's members as a body, for our audit
work, for Ihis report, or for the opinions we have formed.
Neil Mcmillan FCA (Senior Slatulory Auditor)
for and on behalf of Mcmillan & Co LLP
Chartered Accountants and
Statutory Auditor
28 Eaton Avenue
Malrix Office Paik
Buckshaw Village
Chorley
Lancashire
PR7 7NA
Dale. 21 October 2025
Page 17

Chorley Youth Zone
Statement of Financial Activities
(Incorporating an Income and Expenditure Account)
for the year ended 31 March 2025
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restricted
fund
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
762,774
1,055,765
1,818,539
1,288,726
Charltable activlties
Youth Zone activities
Catering income
Facilities hire
31,660
32,063
21,587
298
31,958
32,063
57,229
21,251
32,569
42,486
35,642
Fundraising
Iiiveslment income
Other income
101,377
38,552
101,377
38,552
64.827
30,571
98,573
Total
992,801
1 091,705
2 084 506
1,579,003
EXPENDITURE ON
Raisiiig funds
21.100
21,100
25,860
Charltable actlvltles
YoLilh Zone activities
1,023,307
1,153,429
2,176,736
1,627,042
Other
29
Total
1.044,407
1 153429
2 197 836
1652 931
Nel gainsl{losses} on investments
16 521)
15 521)
1,681
NET IhlCOMEI(EXPENDITUREI
Transfers between funds
(67,127)
10,869
161,724)
10 869)
{128,8511
(72,247)
21
Net movement In funds
{56,258)
(72,5931
1128.851)
(72,247)
RECONCILIATION OF FUNDS
Total funds brought fomard
994,781
4,107,568
5,102,349
5,174,596
TOTAL FUNDS CARRIED FORWARD
938,523
4,034 975
4 973,498
5,102,349
The notes form part of these financial statements
Page 18

Chorley Youth Zone
Balance Sheet
31 March 2025
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restricted
fund
Noles
FIXED ASSETS
Tangible assets
Investments
4,131,920
4,131,920
439,844
4,251,193
450,076
16
439,844
439,844
4,131,920
4,571,764
4,701,269
CURRENT ASSETS
Slocl(s
Debtors
Cash at bank and in hand
17
18
2,669
47.704
677,534
2,659
47,704
705,492
2,706
47,495
847,514
27,958
727,897
27,958
755,856
897,715
CREDITORS
Amounts falling due within one year
19
{229,218}
1124,903)
{354.121)
(496,635)
NET CURRENT ASSETS
498 679
96,9451
401,734
401080
TOTAL ASSETS LESS CURRENT
LIABILITI ES
938,523
4,034,975
4,973,498
5,102,349
NET ASSETS
938,523
4,034 975
4 973 498
5,102,349
FUNDS
Unreslricled funds
Reslricled funds
21
938,523
4 034,975
994,781
4 107 568
TOTAL FUNDS
4 973 498
5 102 349
The financial statements were approved by the Board of Trustees and authorised for issue on 21 October
2025 and were signed on its behalf by..
Matthew Currie - Trustee
The notes form part of these financial statements
Page 19

Chorley Youth Zone
Cash Flow Statement
for the year ended 31 March 2025
2025
2024
Notes
Cash flows from operatlng activltles
Cash generated from operations
172,848)
189,501
Nel cash (used in)Iprovidad by operating activities
172,848)
189.501
Casli f lows from investlng activities
Purchase of tangible fixed assets
Purchase of fixed asset investments
Sale of tangible fixed assets
Sale of fixed asset inveslmenls
Interest received
Dividends received
19,077)
15,289)
(34,742}
{9,571)
1,200
,640
27,280
17,850
12,721
Net cash provided byl{used in) investing activities
12,5421
Change In cash and cash equlvalents
in the reporting perlod
Cash and cash equlvalents at the
bgglnning of the reportlng period
(142,022)
176,959
847 514
670 555
Cash and cash equlvalènts at Ihe end
of the reportlng period
705 492
847 514
The notes form part of Ihese financial statements
Page 20

Chorley Youth Zone
Notes to the Cash Flow Statement
for the year ended 31 March 2025
RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2025
2024
Net expendlture for the reportlng period {a5 per the Statement
of FinancSal Activities)
Adjustments for..
Depreciation charges
Lossesllgainl on investments
Loss on disposal of fixed assets
Interest received
Dividends received
Decreasel(increase) in stocks
(Iiicrease)Idecrease in debtors
(Decrease)lincrease in credilors
(128,851)
{72,247)
128,350
8,881
123,572
(1,681)
29
(17,850)
(12,7211
11,4881
59.395
112.492
127,280)
(11,272)
47
1209)
142,514
Net cash (used Inllprovlded by operatlons
172,848)
189501
ANALYSIS OF CHANGES IN NET FUNDS
Al 114124
Cash flow
At 3113126
Net cash
Cash at bank and in hand
847.514
142,022
705 492
847 514
142 022)
705,492
Total
847.514
142 0221
705 492
The noles fom) parl of Ihese financial statements
Page 21

Chorley Youth Zone
Notes to the Financial Statements
for the year ended 31 March 2025
STATUTORY INFORMATION
Chorley Youth Zone is a private company. limited by guarantee, incorporated in England & Wales and
has no share capital. In the event of the charity being wound up, the li8bility in respect of the
guarantee is limited to £10 per member of the charity.
The registered number and registered address can be found on the Company Information page.
ACCOUNTING POLICIES
Basls of preparlng the flnancial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102,
have been prepared in accordance with the Charilies SORP {FRS 102) 'Accounting and Reporting by
Charities: Statement of Recommended Praclice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland (FRS
1021 (effective 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006, The financial statements
have been prepared under the historical cost convention. willi the exception of investments which are
included al market value, as modified by Ihe revaluation of certain assets.
The presentational currency of the charity is pound sterling (£) and the amounts in the financial
statements have been rounded to the nearest £1.
The financial statements have been prepared on a going concern basls. The Trustees have
considefed the future funding position of the charity. and the current reseNes. They have prepared
forecasts which cover a period of 12 months from the bal8n¢e sheet date. which demonstrate that the
Charity will continue to be able to pay ils liabilities as they fall due. A full description of the sleps taken
by the Charity is sel out on page 5 - Financially secure.
Income
All income is recognised in the Statement of Financial Aclivilies once the charily has enlitlemenl lo the
funds, il Is probable that the irscome will be received and the amount can be measured reliably.
Donations, grants and gifts are recognised when receivable. In the event that a donation is sublecl to
fulfilling performance condilions before the charity is entitled lo the funds, the income is deferred and
not recognised until il is probable Ihat those conditions will be lulfilled in the reporting period. Income
from Gift Aid tax reclaims is recognised for any donations with relevant Gift Aid certificates recognised
in income for the year. Any amounts of Gift Aid not received by the year-end are accounted for in
income and accrued income in debtors.
Income from government and othei grants, whether 'capital' grants or'revenue, grants, are recognised
when the ¢harity has enlillemenl to the funds. any performance condilions attached to Ihe grants have
been met, il is probable that the income will be received and the amount can be measured reliably
and is not deferred.
Income received in advance for a future fundraising event or for a grant received relating to the
following yeaf are deferred until the criteria for income recognition are mel.
Interest on deposit funds held is included when ieceivable and Ihe amount can be measLtred reliably
by the charity which is normally upon nolification of the interest paid or payable by the bank.
Dividends are recognised once Ihe dividend has been declared and notification has been received of
the dividend due. This is normally upon notification by our investment advisor of the dividend yield of
the investment porlfolio. Income lax recoverable in relatson to investment income is recognised at the
time the inveslfflent income is receivable.
Sponsorship from events, fundraising and events registralion fees are recognised in income when the
evenl takes place.
Page 22
continued...

Chorley Youth Zone
Notes to the Financial Statements - continued
for the year ended 31 March 2025
ACCOUNTING POLICIES - continued
Expendlture
Liabilities are recognised as expenditure as soon as there is a legal or construclive obligation
ommitting the charity to that expenditure, il is probable that a transfer of economic benefits will be
required in setllemenl and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings that aggregate all cost
related to the category. Where costs cannot be directly atlributed to particular headings they have
been allocated to activities on a basis consistent with the use of resources.
Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities
and services.11 includes both costs that can be allocated directly to such activities and those costs of
an indirect nature necessary to support them.
Governance cost5 include those costs associated with meeting the constitutional and statutory
requirements of the Charity and include the audit fees and costs linked with the strategic managemenl
of the Charity.
Investments
The change in market value of investments during Ihe year comprises all increases and decreases in
the market value of investments held at any time during the year, including profits and losses realised
on sales of investments during the year.
Quoted securities in active markets are valued al the current bid price5 at 31 March 2025, or 8t the
valuation date nearest to the year end.
Tanglble flxed assets
Depreciation is provided al Ihe following annual rates in order to write off each asset over ils
eslimaled useful life.
Long leasehold
Plant and machinery
Fixtures and fillings
Over the term of Ihe lease
250A on feducing balance
330/0 on cost and 2511/0 on reducing balance
Motor vehicles
Computer equipment
25% on reducing balance
330/0 on cost
Fixed assets costing more than £250 are capitalised and included in the balance sheet at cost.
Depreciation methods. useful lives and residual values are reviewed if there is an indication of a
significant change since Ihe last annual reporting dale.
ResidLial value is based on Ihe prices prevailing at the date of acquisition or subsequent revaluation.
Where, because of high estimated residual values, deprRciation is immaterial, no depreciation is
charged bul an annual review lor impairment is performed. Both residual values and useful lives are
reviewed and adjusted, if appropriate. at each financial year end.
The carrying amounts of the Charity's assets are reviewed for impairmenl when events or changes in
circumstances indicate that the carrying amount of the fixed assel may not be recoverable. If any
indication exists, the assets recoverable amount is estimated.
Stocks
stocks are valued at the lower of cost and net realisable value. after making due allowance for
obsolete and slow moving items.
Taxation
The charity is exempt from corporalion tax on ts charilable activilies.
Page 23
continued...

Chorley Youth Zone
Notes to the Financial Statements - continued
for the year ènded 31 MaTch 2025
ACCOUNTING POLICIES - contlnued
Flind accou ntlng
Unrestricted funds can be used in accordance with the chaiilable objectives at the discretion of the
trustees. Designated funds. which are a lype of unrestricted fund, are funds which the Trustees have
set aside lo be used for specific purposes al their discrelion.
Reslrictad funds can only be used foi particular restricted purposes within the objects of the charity.
Reslriclions arise when specified by the donor or when funds are raised for particular restricted
puiposes.
The restricted fund relates to the tangible fixed assets. As Ihe assets are depreciated, there is a
movement from the unrestricted fund lo the restricted fund.
Penslon costs and other post-retlrement benefits
The charitable company operates a defined conlribulion pension scheme. Contributions payable lo
the charitable company's pension scheme are charged to the Statement of Financial AGtivities in the
period to which they relate.
Debtors and credltOTS receivablelpayable within one year
Debtors are creditors with no stated Interest rate and receivable or payable within one year are
recorded al Iransaction price. Any losses arising from impairmenl are recognised as expenditure,
DONATIONS AND LEGACIES
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restricted
funds
Donations
762 774
1,055 765
1.818,539
1288,726
Donations
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restricled
funds
Chorley Council
Founder Patrons
Grants and trusts
Others
Gift Aid
100.000
304.677
177,858
173,640
6,599
100,000
304,677
1,233,623
173.640
6,599
100,000
267,892
669,647
242,818
8,369
1,055,765
762,774
1,055,765
1,818,539
1,288,726
Included in restricted grants and Irusls income is £501,841 {2024'. £nil) re Ihe Network Cadent project.
Page 24
conlinued...

Chorley Youth Zone
Notes to the Financial Statements - continued
for the year ended 31 March 2025
FUNDRAISING
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restricted
funds
Other fundraising
101,377
101,377
64,827
INVESTMENT INCOME
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restricted
funds
Dlvidends received
Deposit account interest
11,272
27,280
11,272
12,721
17,850
38.552
38,552
30,571
INCOME FROM CHARITABLE ACTIVITIES
2025
2024
Activity
Youth Zone activities
Catering income
Facilities hire
Young people
Catering income
Facilities hire
31,9SB
32,063
57
21,251
32,569
42,486
121,250
96,306
RAISING FUNDS
Ralslng donatlons and legacles
2025
Total
funds
2024
Total
funds
Unreslricled
funds
Restricted
funds
Fundraising costs
25,521
other tradlng actlvities
2026
Total
fund5
2024
Total
funds
Unrestricted
funds
Restricted
funds
Bad debts
339
Aggregate amounts
21,100
21,100
25,860
Page 25
conlinued...

Chorley Youth Zone
Notes to the Financial Statements - continued
for thè year ended 31 March 2025
CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
note 9)
Support
costs (see
note 10)
Totals
Youth Zone activities
2,168,594
8,142
2 176,736
All ch2ritable activity costs relate lo the operation of Inspire. This is considered to be the only activity
of Ihe charity.
DIRECT COSTS OF CHARITABLE ACTIVITIES
2025
2024
Staff costs
Insurance
Telephone
Postag6 and stationery
Suiidries
Consultancy costs
Travel costs
Training
Computer cosls
Licences
other staff costs
Legal and professional fees
Marketing and advertising
Recruitment and DBS checks
Onside Network Donation
Activity delivery costs
Premises Gosts
Repairs and renewals
utilities
Depreciation
1,189,938
25,044
1,253
4,690
5,466
991,017
21,197
2,022
4,909
7,906
32,917
6,315
5,436
15,672
8,979
1,462
3,203
5,698
18,157
34,450
259,094
5,716
19,168
53,585
123,572
8,565
5,366
14,773
10,575
5,830
29,586
2,706
2,366
24,999
598.390
7.366
60,619
42,712
128,350
2,168 594
1620,475
Included within activity delivery costs and wages are £465,000 (2024: £nil) and £33,516 {2024.' £nil>
respectively re the Nelwork Gadenl project (see nole 14).
Page 26
continued...

Chorley Youth Zone
Notes to the Financial Statements - continued
for the year ended 31 March 2025
10.
SUPPORT COSTS
Governance
costs
Finance
Totals
Youth Zone activities
2,242
8,142
Support costs, included in the above, are as follows:
2025
Youth Zone
activities
2024
Total
activities
Bank charges
Auditors. remuneralion
2,242
5,900
2,257
4,310
142
6,567
NET INCOMEI(EXPENDITURE)
Net incomellexpenditurel is stated after chargingl(crediting):
2025
2024
ALiditors' remuneration
Depreciation- owned assets
Deficit on disposal of fixed assets
5,900
128,350
4,310
123,572
29
12. TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneralion or olher benefils for the year ended 31 March 2025 nor for the
year ended 31 March 2024.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended
31 March 2024.
13. STAFF COSTS
2025
2024
Wages and salaries
Social security costs
Other pension costs
1,090,982
78,661
915,158
58,965
16,894
1,189,938
991,017
Thè average monthly number of employees during Ihe year was as follows..
2025
108
2024
103
Staff
Page 27
continued...

Chorley Youth Zone
Notes to the Financial Statements - continued
for the year ended 31 March 2025
13.
STAFF COSTS - continued
The number of employees whose employee benefits {excluding employer pension costs) exceeded
£60,000 was..
2025
2024
£60,001- £70,000
£70,001- £80,000
The aggregate remuneralion of Key Management Personnel, comprising the Chief Executive, Office &
Administralion Man2gei, Youth Work Manager, Head of Communications & Marketing, Philanthropy
Manager. Grants & Contracls Manager, Finance Manager and Head of Services, was £317.595, a
significant increase from the previous year due to slaff changes and reslructuring12024 '. £172,100).
14. GRANTS PAYABLE
As part of the Network Cadent project, the charily received £501,841 (2024: £nil) from Cadent to
distribute to qualifying Youth Zones. As a iesult, it made 10 grants (2024: nil) to other Onside Youth
Zones lotalling £465,000. Support cosls of £33,516 weie incurred for grant making activities. An
analysis of the grants payable is shown below..
Grants made to organisalions..
Charity
number
1172247
1173239
1135949
1179712
1134427
1134580
1101086
1134451
1163183
1151247
2025
Barking & Dagenham Youth Zone
Barnel Youth Zone
Blackburn Youth Zone
Einpower Youth Zones Ltd
Mahdlo {Oldham Youth Zone)
The Manchester Youth Zone Limited
Warrington Youth Zone Limited
Wigan Boys & Girls Club
Wirral Youth Zone
Wolverhampton Youth Zone
20,000
35,000
60,000
10,000
60,000
60,000
60,000
50,000
50.000
60,000
Support costs (included in wages)
33,516
498,516
Page 28
continued..

Chorley Youth Zone
Notes to the Financial Statements - continued
for the year ended 31 March 2025
15. TANGIBLE FIXED ASSETS
Fixtures
and
filtings
Long
leasehold
Plant and
machinery
COST
Al 1 April 2024
Additions
4,725,580
10,486
133,123
1,629
At 31 March 2025
4 725,580
134,752
DEPRECIATION
At 1 April 2024
Charge for year
554,014
94,512
7,547
2,621
104,852
8,130
At 31 March 2025
648,526
112,982
NET BOOK VALUE
Al 31 March 2025
4 077 054
318
21,770
At 31 March 2024
4,171,566
2.939
28,271
Motor
vehicles
Computer
equipment
Totals
COST
Al 1 April 2024
Additions
51,570
61,565
4,972,324
9,077
Al 31 March 2025
4,981401
DEPRECIATION
At 1 April 2024
Charge for year
26,859
12,893
27,859
10,194
721,131
128 350
At 31 March 2025
849 481
NET BOOK VALUE
Al 31 March 2025
11,818
4 131,920
At 31 March 2024
23,706
4,251,193
Page 29
continued...

Chorley Youth Zone
Notes to the Financial Statements - continued
for the year ended 31 March 2025
16.
FIXED ASSET INVESTMENTS
Lisled
investments
MARKET VALUE
At 1 April 2024
Additions
Disposals
Revaluations
450,076
5,289
16,6401
Al 31 March 2025
439 844
NET BOOK VALUE
Al 31 March 2025
439,844
At 31 March 2024
450,076
The listed investments are analysed below .
Equities - UK
Equities - Overseas
Bonds- UK
Bonds- Overseas
Other- UK
Cash
82,494
186,191
123,522
7,040
23,507
18.76
42.33
28.08
1.60
5.34
3.89
439,844
100.00
Total overseas investments
193 231
43.93
Cost or valuation at 31 March 2025 is represented by:
Llsted
investmonts
Cost
439,844
17. STOCKS
2025
2024
Stocks
2,706
Page 30
continued...

Chorley Youth Zone
Notes to the Financial Statements - continued
for the year ended 31 March 2025
18,
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade debtors
Prepaymenls and aGcrued income
25,247
22,457
33,370
14,125
47,495
19. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade creditors
Social security and other taxes
Staff salaries
Accruals and deferred Income
73,498
47,439
78,246
154 938
31,140
34,900
67,441
363,154
364 121
496.635
20.
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operaling leases fall due as follows..
2026
2024
Within one year
Between one and five years
1,858
6,811
8,669
21.
MOVEMENT IN FUNDS
Net
movemenl
in funds
Transfers
between
funds
Al 114124
At 3113125
Unrestrlcted funds
General fund
Designated fund
544,705
460,076
{56,8951
10,2321
10,869
498,679
439,844
994,781
(67,127)
10,869
938,523
Restrlcted funds
Restricted fund
4,107,568
{61,7241
{10,869)
4,034,975
TOTAL FUNDS
5,102,349
128,851)
4 973,498
Page 31
continued...

Chorley Youth Zone
Notes to the Financial Statements - continued
for the year ended 31 March 2025
21,
MOVEMENT IN FUNDS - contlnued
Net movement in funds, included in Ihe above are as follows-
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestrlcted funds
General fund
Designated fund
981,529
11,272
11,038,424)
6,983)
(66,895)
10 232)
15 5211
992,801
11,044,407)
(15,521)
167,1271
Restrlcted funds
Restricted fund
1,091,705
(1,153,429)
(61,7241
TOTAL FUNDS
Comparatives for movement in funds
Nel
movement
in funds
Transfers
between
funds
At 114123
At 3113124
Unrestrlcted funds
General fund
Designated fund
588,783
438,824
(59,645)
15,567
544,705
450 076
1.027.607
(48,393)
15,567
994,781
Restricted funds
Restricted fund
A.146.989
(23.854)
(15,567)
4,107,568
TOTAL FUNDS
5,174,596
72,247)
5,102,349
Comparative nel movement in funds, included in the above are as follows..
Incoming
Resources
resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
Designaled fund
1.027,643
12,721
(1,087.288>
3,150)
{59,645J
11,252
1,681
1.040.364
(1.090,4381
1,681
(48,393)
Restricted funds
Restricted fund
538,639
1562,493>
(23,854)
TOTAL'FUNDS
1.579,003
1,652,931)
1,681
72,2471
Page 32
continued...

Chorley Youth Zone
Notes to the Financial Statements - continued
for the year ended 31 March 2025
21. MOVEMENT IN FUNDS - continued
Transfers between funds
The restricted fund relates mainly to the tangible fixed assets. As these assets are depreciated there
is an annual movement from the unrestricted fund to Ihe restricted fund. The remaining balance
relates to the restricted projects ongoing at the year end.
22.
RELATED PARTY DISCLOSURES
During the year. the charity entered into the following transactions with related parties-
£6,250 was received from CG Prolessional Ltd, a company in which Andrew Turner, who
resigned as 8 Trustee in the year, is a director 12024.. £25,000)
£40,000 was received from The Eric Wright Charitable Trust. James Carter, who resigned
as a Trustee in the year is a non-execulive deputy chairman of the Eric Wright Group,
which is wholly owned by The Eric Wright Charitable Trust {2024: £35,000)
£25.000 was received from ESG Global Ltd, a company in which Mallhew Hirst Is 8
director {2024.' £25.000)
£nil was received from Woom Ltd, a company in which Neale Graham is a direclor {2024:
£8,240)
£1,200 was received from family members of the Board of Trustees (2024.. £7,951)
£1,200 was received from family members of the key management team {2024: £1,299)
Page 33
continued...

Chorley Youth Zone
Notes to the Financial Ststements - continued
for the year ended 31 March 2025
23.
RESTRICTED FUNDS
The funds of the charity include restricted funds comprising the following unexpendad balances of
donations and grants held for specific purtM)ses:
Movement In funds
Transfer
between
funds
Balance 1
April
2024
Incoming
resources
Resources
expended
Balance 31
March
2025
Prudence Trust
Network Fired Up
UKSP Employability
Mentorin9 Project
Inspire Fired Up
Reaching
Communities
Detached Programme
Universal & Targeted
H&W
Burberry Foun(Jation
LanGashire Breaklime
PCCS Community
Fund Intervention
Adlington Satellite
HAF Inspire
Onside Makers Zone
Onside Funded
Residenlials
Inspire Cadent
delivery
Network Cadenl
Clarion Young
Leaders
Onside Impact I
Sustainability Fund
Duke of Edinburgh
GA Pel Foods Music
Project
Gosling Foundation
Makers Zone
The Clolhmakers
Foundalion
Gen Al
Percy Bilton Trust
7.560
1,273
21,844
11,456
10,000
73,151
16.701)
(1,273)
(21,7541
(9,349)
(9,062)
(71.997)
{859)
(262)
(90)
(2,107)
(938)
(1,154)
262
20.000
8.205
(19.5941
17,9821
1406)
1223)
15,061
35.714
5.000
(11,184)
(30.965)
{3,551)
(3,877)
(4,749)
{1,4491
9,183
97,741
59,424
6,069
(9,182>
(88,013)
(55,274)
(5,408)
(1)
(9,728)
{7,800)
(661)
25,737
22,087
60.226
(55.076)
(5.1501
501.841
3,419
(498.516)
(2,133)
(3,325)
(1,286)
100,490
(99,595)
895
8,188
9,962
{8,188)
(4,235)
1606)
5,121
20,000
(20,000>
{1,8951
(1,895)
2,500
3,398
(750)
(3.402)
1,750
Tangible fixed assets
Accruals and deferred
income
4,251.193
(169.624)
(128,350)
9,077
44,721
4,131,920
(124,9031
4.107,568
1,091.705
1.153,429)
10,8691
4,034,975
Page 34
continued...

Chorley Youth Zone
Notes to the Financial Statements - continued
for the year ended 31 March 2026
23.
RESTRICTED FUNDS - continued
The reslr¢cted funds are for particular projects specified by the donor as follows
Prudence Trust
Funding via Onside for a lange of Arts Projects across the year
Network I Inspire Fired Up
Co-ordination and management of the Fired Up programme plus
the C￿Ordination and delivery of the Clay Club
UKSP Employabilily
Careers and employability support for young people, fund
managed by Chorley Council
Menloring Project
This project matched volunleer mentors to young people requlring
support, usually with heallh and wellbeing issues. This proiect is
funded by NHSIICB
Reaching Communities Grant
National Lottery programme lo fund work within the community,
whether that is for people living in the same area or people with
similar interests of life experiences
Detached programme
Funding from Chorley Borough Council to support twice weekly
delached provision across the Borough
Universal and Targeled H&W
Funding from NHSICCG to cover emotional well-being courses
EmpowHER and HIMpact throughoul the year
Burberry Foundation
12 month Enterprise and Arts project to include a Senior project
and a Junior project
Lancashire Breaklime Funding Funded by Lancashire Breaktime (LCC), this club provides pre-
bookable inclusion support for limited numbers on Core sessions,
designated projects and closed inclusion sessions on Sundays
PCCS Community Fund
Intervention
Mentoring directed lo Young People al risk of anti social behaviour
Adlinglon Satellite
Funded by Adlington Town Council, Chorley Borough Council and
directed private donations and grants to support weekly delached
sessions in Adlington
HAF {Inspire}
Holiday. Food and Activities programme. Government funded
holiday club with funding routed through Lancashire County
Council via Chorley Council
Onside Makers Zone
STEM focused project Ihat delivers digital and creative skills to the
members. The project is sponsored by BAE and The Onside
Foundation
Onside Funded Residential
Funding provided by Onside to provide a residential trip for some
Inspire members
Inspire
Cadent
Network Cadent
Deliveryl Funding from Cadent lo cover management costs of the nelwork-
wide programme
Clarion Young Leader5
Funding from Clarion Futures to set up a Young Leaders
programme lo plan and deliver social action projects and events
Page 35
continued...

Chorley Youth Zone
Notes to the Financial Statements - continued
for the year ended 31 March 2025
23.
RESTRICTED FUNDS - continued
Onside Impact I Sustainability Funding to support a step change in income generation and
Fund
sustainability within Youth Zones by making grants lo provide
pump-priming resources enabling Youth Zones and Onside to
invest in new. expanded or enhanced income generation and
aligned activity
Duke of Edinburgh
Funding from DCMS to break down the financial barriers and
provide funded places or subsidies for young people from
marginalised backgrounds lo participate in the Duke of Edinburgh
Awards Scheme
GA Pet Foods Music Project
Funding frorn a local business lo specifically support activities to
music
Gosling Foundatlon Makers Funding to support making activities in the Maker's Zone
Zone
The Clothmakers Foundation
Funding to refurbish the Health and Wellbeing room
Gen Al
Via Onside to maximise the. use of Al and develop skills in this
area
Percy Bilton Trust
Capital support of sensory equipment for the Emotional regulation
room (Be Comlorlablel
24.
DESIGNATED FUNDS
Designated funds relate to the investments held for the future refurbishment of the building.
25.
ULTIMATE CONTROLLING PARTY
There is no ultimate controlling party.
Page 36

Chorley Youth Zone
Detailed Statement of Financial Activities
for the year ended 31 March 2025
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restricted
funds
INCOME AND ENDOWMENTS
Donatlons and legaGies
Donalions
762,774
1,055,765
1,818,539
1,288,726
Fundraising
Other fundraising
101,377
101,377
64,827
Investment Incomè
Dividends received
Deposit account interest
11.272
27,280
11,272
12,721
38,652
38,552
30.571
Charitable actlvltles
Young people
Catering income
Facilities hire
31.660
32,063
298
31,958
32,063
57,229
21,251
32.569
85,310
35,940
121,250
96,306
otlier incomg
Olh8r income
98,573
Total Incoming resources
992,801
1,091,705
2,084,506
1,579,003
EXPENDITURE
Ralslng donatlons and legacles
Fundraising costs
21,100
21,100
25,521
other tradlng activities
Bad debts
339
Charltable actlvities
Wages
Social security
Pensions
Insurance
Telephone
Postage and slalionery
SLindries
Consultancy costs
Travel costs
Training
Computer costs
Carried forward
594,760
78.661
20.295
25.044
1,253
4,594
5.414
496,222
1,090,982
78,661
20,295
25,044
1,253
4,690
5,466
915,158
58,965
16.894
21,197
2,022
4,909
7,906
32,917
6,315
5,436
15,672
1,087,391
96
52
7,227
5,117
14,023
756,388
1,338
249
750
498,707
8,565
5.366
14,773
1,255,095
This page does not form part of the statutory financial statemenls
Page 37

Chorley Youth Zone
Detailed Statement of Financial Activities
for the year ended 31 March 2025
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restricted
funds
Charltable activities
BroLighl foiward
Licences
Other staff costs
Legal and professional fees
Marketing and advertising
Recluilmenl and DBS checks
Onside Network Donation
Aclivily delivery costs
Premises costs
Repairs and renewals
Ulililies
Long leasehold
Plant and machinery
FixlLires and fillings
Motor vehicles
Computer equipment
756,388
10,575
5.830
29,586
2,706
2,357
24,999
73,934
7,366
58,712
42,712
498.707
1,255,095
10,575
5,830
29,586
2,706
2,366
24,999
598,390
7,366
60,619
42,712
94,512
2,621
8,130
12,893
1,087,391
8,979
1,462
3,203
5,698
18.157
34.450
259,094
5,716
19,168
53,585
94,512
980
8,717
12,892
6,471
524,456
1,907
94,512
2.621
8.130
12,893
1,015,165
1,153,429
2,168,594
1,620,475
Other
Loss on sale of tangible fixed assels
29
Support costs
Flnance
Bank charges
2,242
2,242
2,257
Governance costs
Auditors, remuneration
5,900
Total resources expended
1,044 407
1,153,429
2,197,836
1,652,931
Net lexpendlturelllncome
73,928)
This page does not form part of the slatutory financial statements
Page 38