Registefyd nUM￿r. 10405820
Charity numbor: 1173107
CROYDON YOUTH ZONE
IA company limitsd by guarantee)
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

CROYDON YOUTH ZONE
{A comp•ny limited by guarnntse)
CONTENTS
Page
Roferoncg and adrninislnliva detalls of the Charity, its Twstees and advisèrs
Ch•irfs statement
Trustees. report
Independenl •uditorfs report on tho financlal statemonts
statèmont of financial ¥¢tlvitlo$
3-11
12-14
15
Balanu sheet
16
Statement of cash flows
17
NotM to th¥ financlal $tstsments
18-33

CROYDON YOUTH ZONE
IA company Ilmlted by guarnnts•)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2022
Trustees
O Adekoya
M Byrne
S Oavies
D Dunlop
D Morris
R Patel
N Sleep, Chair (resigned 11 October 20221
8 Ahmed lappoinled 23 February 20221
G Chizea (appointed 23 February 2022}
M Lewis (appointed 11 October 20221
Company registered
numbor
10405820
Charity r8gistsr•d
number
1173107
Rogl$tgred offlco
Legacy Youth Zone
125 Whitehorse Road
Cryodon
CRO 2LG
Chi•f ax•eutiv• officer
B Shelboume
Independent auditor
Crowe U.K. LLP
3rd )loor
The Lexicon
Mount Street
M8nche5ter
M2 5NT
Bankers
Handelsbanken plc
2nd Floor, Sirnpson House
6 Cherry Orchard Road
Croydon
CRO 6BA
Page 1

CROYDON YOUTH 20NE
{A ¢ompany limitsd by 9uardntse)
CHAIRMAN'S STATEMENT
FOR THE YEAR ENDED 31 MARCH 2022
The chair presents their statement for the year.
'Coming together is a beginning., keeping together is progress,. worting together is success., Edward Everett
Hale.
This staternenl is a great 3ummary of where Legacy Youth Zone is as an organisation. The strength and success
of the charity 15 based on collaboralirjn betrween young people, community. private seetor and the local authority.
This ha5 very muth been demonstrated over the past th￿e years, since the youth zone opened it's doors. It is
the worfd working perfectly and is only the beginning of the great impact Legacy can have in South London.
Between 2021 and 2022, Legacy has had nearly 50,000 visits! That's 50,000 limes young people have walked
through our doors to engage in OUT offer. Over 2500 new mernbers have slgned up over the last 12 months. On
average, we've had a thousand visits per week and we've had over 10,000 members registered Since we
opened. Young people have been on various trips including skiing. trekking through the Scotbsh Highlands, as
well as many others around the county. We launched our partnership with Global Sports Brand UFC and we've
begun a music develop programme wlh Sony Music. Young people have performed in drfferent venues including
Croydon'5 8oxpark, at Croydon's got talent and they've even been put through to auditions for the Wesl End'5
Lion lfjng. Dozens of young people have als¢ graduated through our Empowered employability programme and
Secured a job or a place at ¢ollege or university.
This couldn't have happened and continue to happen without all of the people involved in Legacy Youth Zone,
from our team of staff and volunleerg, tts our incredibly generous supporters Some of whom are listed on the nest
page, who conliriuously go above and beyond to make Sure young people have a bright luture.
As the quote says, 'keeping together is progre5s° and Legacy wll only be able IQ su￿eed and change young
peoples lives rf all the partner5 remain together. This is the biggest challenge of all but we love worknng with all
our supporters lo build long lasting and meaningful relationships, not just transactional ones. Ml the different
individuals who are part of Legacy make it what it IS.
We've managed to make it through Covid's immediate impact, but we're still dealing wth the lasting effect, and
as we contsnue to deal with the cost of living crisis. Legacy will be here for young people. DuTing Covid, and the
various reslriclions, we've been so thankful for the support of our generous donors who enabled us to continue
making Sure Legacy vas providing a safe and inspiring place for young people. Unfortunately, now it is really
becoming more apparent that we are far from being out of the woods, with some of our supporters not able lo
continue wlh us on ourjourney, and so now more than ever, we need more organi5ations and individuals to
become part of the Legacy family. We need to continue to young people ffirst and make sure that their needs
are at the forefront of all we do, they are why we exist and we want to see them thrive and grow. to reach their
potential. It's a simpl¢ ￿ncept and. ifwe get il right, it wll have an enormous impact on our members. lives, on
the communty, and on those around them. Lefs keep going and growng together. to help young people become
the best versions of themselves, and to keep making sure Legacy succeeds in its mission, ah￿ayS being mindful
that it IS 811 of our responsibilitses to equip the next generations wlh the things they need to reach their potential.
and remembering we Can only do it this together.
Ag always thank you for your all your wonderful support, patience, encouragement and trust. and we always look
fDNard to welcoming you lo Legacy to show YDU how much impact your support has on our members. live5.
Rupa Patel
Deputy Chair, Company Director and Trustee
Date.. 12 December 2022
Page 2

CROYDON YOUTH ZONE
IA company Ilmlt¢d by guaiantse)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2022
With special thanks lo our generous supporters who help to impact thousand5 of young people through Legacy
Youth Zone.
A huge thank you to all of our wonderful funders!
ROSSTREE
cx4RI
THE TAYLOR FAMILY
FOUNDATION
SONY
RELIEF
INNEED
CROYDON
WWV4.croydon.gov.uk
REEDHAM
dentsu
Children's
Trust
ni
four acre trust
I MILLWOOD...
CHEQUERS
YOUR LONDON AIRPORT
qa/¢éYcL
OENOVO
MAYOR OF LONDON
VISTRA
IAYL£ 5
APPEAL
+Tr CHARITY
Anonymous
Who we are
Groydon Youih Zone, named 'LegacY by young people. is a purpose-built facility for the borough's young people
aged 8-19, and up lo 25 for those wth additional needs. Legacy is located on Whitehorse Road in Croydon. It
as officially opened in September 2019 to provide a safe and inspiring place for young people, where they can
gain help to reach their potential.
Page 3

CROYDON YOUTH ZONE
(A company limlted by guar•nt•el
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Legacy Youth Zone is part of a network of similar independent youth ¢)rganisations that all share the same
principles. developed by the Charity Onside Youth Zones. Legacy was the third Youth Zone to open in London in
2019 and the fiTSt in South London. Onside has been building 2151 Century youth facilities a¢rc>SS the UK for the
past 12 years. based upon the hugely successful Bolton Lads and Girfs Club model
an organisation
estsblished 125 years ago. Youth Zones have now been established in several other towns and ¢￿'eS across th8
UK and young people from Croydon have access to a variety of fantastic activitie5 for a cost of only £5 for an
annual membership and 50p per visit, as well as having a￿esS to a hot meal for only £1. Legacy provides a safe
enwronment, where young people can spend their leisure time, helping each young person lo raise their
aspirations as well as improve their physical and mental healih. Up to 20 different a¢bvities take place each
evèning, induding football, boxing, dancing. climbing. creative arts. music, drama and cooking. all for just 50p
per visitl The Youth Zone also provides more targeted youth work activities such as employability support and
mentoring. Legacy works in the community in collaborab.on with other local organisations induding s¢hools and
the police.
Legacy Youth Zone began its third operats.onal year as the restrictions of the global pandemic were beginning to
ease. As the pandemic restrictions reduced. the Youth Zone was a￿e to host larger numbers of young peop18
and resume opetating at pre-pandemic levels. We were extremely fortunate to have our patron5 continue lo
support us through the duration Df the pandemic which we're very grateful for. However due to economic
Pfessures as a resurt of the pandemic, some donors were no longer able lo renew their financial support.
Despite thbs challenge, the Legacy fvndraising team have continued to engage with new potential sUPPOrters and
launch new fundraiging inits"ab"veg. We are etemally gratefvl to our patrons who have renewed their support and
Continue to grow wth the charty, helping change the live5 of thousands of young people. The fundraising team
has delivered a programme of fvndraising challenge$ that have engaged the communty, improved the website
to enable easier navigats"on. increase donations, and delivered a number of business breakfasts, as well as
continuing other ftJndr8ising 8cty"vities.
Onside, a national young people's charity, connects the current 14 independent Youth Zones across the UK into
collaborative Ne￿Ork, ￿thIch includes Legacy. Legacy works on variou5 inib"atives wthin the network to
enhance the opportunib.es for young people. expand the reach of the Youth Zones nthork. and improve the
quality of youth support available for young people. Legacy has continued to work wrth Onside lo access
additional finaneial support and has been developing Pan London fundraising inthatives.
Legacy has continued lo promote itself across the community to ensure that as rnany people as possible are
aware of the Youth Zone and what (c has to offer. The Youth Zone has been able to begin developing more
partnerships Wth other Drganisations in the area to enhance youth support services that young people are able
to access. The charity has been able to complement the work of other organisations in the youth work sector. As
well as its core offer the Youtr Zone conb.nued lo provide food parce15 through the year and provided 16000
mea15 With the help of City Harve51 and Fareshare. Babyzone, another ¢ommunty initiative. has proved to be a
great success also and gThien parents and toddlers an amazing opportunty to take part in a range of
development ath'vities wee￿Y wrthin Legacy's facilitie5. The Youth Zone has worked with over 10.000
YI￿n9 people since opening and continues to have an impact on their lives. One of our member5, Camron, let us
know about hi5 experience of attending Legacy .1 didn't know what to expect at the beginning and I felt a bil
neNous, but by the end I was excited. I like the sensory foom as il makes me feel relaxed, it's calming. I've
done lots of activities with Legacy. like sailing. BMX biking and GtrKarting where I was the driver of the day,
an(1 I gol a medal. Thank you for everything.. Camron is just one of many who benefit from attending Legacy,
and it's great to hear that ¥fvhal we provide makes such a significant difference to our members.
StructUf*> govèmance and management
Govèrning Document
Croydon Youth Zone is a company limited by guarantee vthout share capitsl and registered under the
Companies Act 1985, registration number 10405820. The company is govemed by its Memorandum and Articles
of Association dated 22 July 2016. Management of the company's affairs is vested in the Directors. It is a charity
registered with the Charity Commission on 18 May 2017.
Page 4

CROYDON YOUTH ZOIIE
IA company Ilmll•d by guarantgo
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 PAARCH 2022
R•cruikngnt and appointment of TW$tr￿ IDlr8ctors)
The first Directors were the subscribers lo the memorandum as notified lo Companies House as the first
Directors of the Charity. A person appointed as a Director thereupon becomes a Member t>f the Charity and
Director who ceases to hold office for any reason thereupon ceases to be a Member of the Charity. Directors
have the power lo appoint. by ordinary Tesolution, any person to be a Qireetor is wlling to act as such. New
DiTectors will be recruited according lo the needs of the Charity and the sultability of possiblg ¢andidates. A
unanimous approval of existing Dirèctors would lead lo their appointment.
The Memorandum and Articles of Association states that the number of members {Directorsl shall have no
maximum and shall not be less than three. At the fir51 Annual General Meeting all Directors were required to
retire and seek re-electson. At each subsequent Annual General Meeting one third of the Directors are required
to retire by rotsti¢n and seek r￿appoIntMent if they wsh lo continue.
The Members of the Charity are its Directors for the ts'me being and the only persons eligible to be Members of
the Gharity are rls Directors.
Full detsils of the rules are contained in the company's Memorandurn and Article5 of Association, dated on
incorporats'on on 1 OGtober 2016, which may be inspected at the Legacy Youth Zone ￿gistered office.
Organisational Structure
Legacy Youth Zone is governed by its Trustee Board which is responsible for setting the strategic direction of the
or9anisation and the policy of the Charity. The Trustees carry the ulliTnale responsibility for the Conduct of
Legacy Youih Zone and for ensuring that the Charity satisfies its legal and contractual Dbligalions. Trustees meet
approximately every tsvo months and may delegate the implementation of their decisions or day-to-day operation
of the organisation lo senior management. any employee of the Charity, person or committee a5 they see fit. Any
committ88 mu61 inGlude al leavt ono Tru
too. Thc Tiu¥tcc Bogrd is indcpcndent from m8n8gement.
Related Parti
None of our Trustees receive remuneralSon or other benefit from their work ￿rith the Charity. Any connection
betwèen a Trustee OT senior manager of the Charity wth a connected party linduding donors. suppliers an
stam must be dis¢l¢sed to the full Board of Trustees in the sarne w8y as any other contractual relationship wth a
related paty. In the current year no such related party transactions were reported.
The pay of the full staff team 15 reviewed annually and, if financial resources allow, normally increased in
accordance with average eaming5. In view of the nature of the Charity. the Directors benchmark against pay
levels in other similar Char￿e$ in the voluntary sector, as well as across the Youth Zone Netsvork.
Pay Policy
The Directors consider the Board of Directors. who are the Charity's Trustees, and the seniclr management team
comprise the key management personnel of the Youth Zone In charge of directing and controlling, running and
operats.ng the Charity on a day-ttrday basis. All Directors give of their time freely and no Director received
remuneration in the year.
The pay of salarred staff is reviewed once a year. Depending on performance. approval of trustees and rf
finanaal resources allow an in¢￿8$e wl be awarded in line with benchmarked pay levels in other similar
charities In the Voluntary sector, as well as across the Onside Youth Zone Ne￿ork. As a London Living Wage
employer the pay of hourly paid staff is increased in line with guidan¢e issued via the Real Living Wage
Foundation, approval of trustees and rffinancial resources allow.
Risk Management
Legacy Youth Zone utilises a risk register to regularfy review risks associated with the Charity. At every Trustee
Board meeting the risk register is reviewed by the Charity's trustees with deeper reviews scheduled at least ￿lce
a year. The risk register 1$ maintained by the Charity's executive management tearn and updated on a ￿gUlar
Page 5

CROYDON YOUTH ZONE
IA company limitsd by guarnnts•)
TRUSTEES. REPORT ICONTINUED
FOR THE YEAR ENDED 31 MARCH 2022
basis. The risk Teg15teT is divided into the follo¥Aring categories..
Finanaal
Strategi¢
Operational
Governance and Reputation
Facilities
Risks are graded according to the likelihood of occurring and the potential impact to the charity. This is done
both before and after the addition of control measures. Where appropriate new risks are identified or closed in
each se¢liDn and an overall score is allocated 10 Each category to allow the Board of Trustees lo compare the
management of risks lo the charty over a period of time.
Objactives and activities
Legacy Youth Zone's objects are lo help and educ*2 children and young people re5idEnt in Croydon and the
surrounding area through their leisure time activities by promoting their full physical and spiritual potential In
order that they may gTOW to Tnaturity a5 Individuals and active members of 50¢iety and their conditions of life rnay
Improve.
A¢higv8Thents during period
Thank5 to the support of our Patrons and other supporters, the 5tsff team, volunteers. and community, Legacy
Youth Zone has been able to continue to provide ongoing sUPPOrt for young people and the wider ¢ommuntty
during another turbulent second year of Covid-19 pandemic restrictions. Thankfully, as restrictions eased. young
people were able lo begin properly returning to the Youth Zone.
The generous svpport of Lega¢y's donors enabled the team to continue to focu$ its attention on providing
engaging and suppO￿ve provision.
In 202112022, the Gh8rity's main a¢hievements were:
Provided 237 free hot meals and 7,493 £1 hot meal$
Created a new Mission and Visi¢)n statement
Helped launch the Croydon equality and diversity pledge and the George Floyd Race Matters Pledge
Registered over 8,000 member5 Since opening.,
Raised over £1.7 million in voluntary income.
Recruited 6 new Young Leaders110 in totall
Recruited 20 new volunteer5122 in total)
Distributed 5,776 fr&e mea15 (January, 2021-May, 2022)
Hosted 38.483 young people atiendances
Achieved the Bronze London Youth Quality Mark
Continued to provide young people wth Somewhere safe and inspiring lo go Ihroughout the year. including
on Christmas Day.
Young people who attended Legacy said their self-esteem, resilience. physical and mental heahh have
improved.
Worked as a key partner in the community, supporting sthools and other organisations to support young
people.
Launched our new website
Launched our new Media Squad and Young Ambassadors programme
Legaw Youth Zone continues to enjoy the support of Onside Youth Zones (charity number 11258931 and works
in pathership with the network of Youth Zones across the ¢ountry.
Investmènt Actlviti&s
Under the Memorandum and Articles ef As50ciabon, the charitable company has the power lo make any
Page 6

CROYDON YOUTH ZONE
IA company limited by guarantsel
TRUSTEES, REPORT (CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2022
investment which the Trustees see fit. Investments are made Whe￿ required to further the aims and objec15 of
the Charity. CurFently, the Charity does not hold any investments other than cash on deposit with Handelsbanken
plc.
Financial r&vlow
A summary of the results is shown below..
2022
2021
Incoming resource5
Outgoing resources
2J64,53S 1961,760
I I￿52.1231(1,GOS,g56l
Net incomlng resources
212N12
352￿04
The Youth Zone remains in a satisfactory finantyal p05rtion at the end of 31 March 2022. This is due to the
extremely generous commitment and support of its donors. However. some supporters have not been able to
¢ontinue supporting and the fundraising team are continuing to engage with new individuals to explore their
capacty to become donors.
A5 a result of Legacy still not being one hundred percent operational IhroughoLrt 2021122, there was a slight
underspend al the end of the financial year ¢ompared to the budgeted expenditu￿. Courtesy of some
unexpected donalltsn$, Income wa5 above the forecasted amount. Surplu$ fund$ will be alli)¢ated to the reserves
to ensure Legacy continues to meet the revised reserve5 policy lof circa 6 rnonlhs, cover) and are able to
continue as a going concern. Fund5 of £100,000 have been added to a designated fvnd for the building. total
£200,000. to ensure that future major building works Can be undertaken and lo keep the facillty up to dale and
current.
Young people continued to make a contribLrtion through enty fees and membership registration. This has
increased since 2020121 due to the removal of COVID restrictions.
Rosorv8s policy
The Board of Trustees of Legacy Youth Zone has established a reserves policy ￿lch appropriately refflects the
risks to which the Charity is exposed.
In reviewing the potential costs that could arise should a significant reduction in income be incurred. the Trustees
have determined that it is appropriate for unrestricted. free,, reserves to be maintained of 6 months of
anticipated expendrture.
In order to ensure the Charity 18 8190 able to maintain the fixed asset (the Youth Zone) to a high stsndard, a
designated fijnd specifically for major building repairs and renewals has been established.
Total fijnds, including the building, were £7,854,704 of which £6,265,141 were restricted and £200.000
designated. Al 315t March 2022 the Charty has accumulated unrestricted 'free' reserves of £1,389.563,' this
provides cover equivalent to nine months of operating costs. Unrestricted, free reserves exclude the designated
fvnd discussed above. The Trustees actively manage Legacy Youth Zone's finances SO that an adequate level of
reseTves is maintained in compliance wth the reseNes pdicy. The reserves policy does not consider
expenditure which is linked to restricted projests and therefore covered by restricted fund5.
The Charity will ￿VIeW regularty both the sum it wishes to hold in r¥seNos in unrestricted funds, and the basis for
that figu￿, parb'cularfy conslderfng the impact of the cost of living increase.
Page 7

CROYDON YOUTH ZONE
IA COTnpany limited by guarantsel
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
Going Con¢ern
Triistees continued to asses$ the Youth Zone's ability to continue to operate into 2022123 as a going concem.
Much effort has been made throughout the year to stsy in regular contact wlh our supporter5 and keep them
updated regarding the work delivered by the Youth Zone throughout the year. Tfuslees have continued lo be
overwhelmed by, and exiremely thankful for, the generosity of Legacy's supporters in fulfilling their pledges and
improving the lives of young people in CToydon. This 5UPPOrt has allowed Legacy io begin to retUTn tD nomal
operation, followng the reduction in Covid-19 restrictions. and to provide much needed support and activities fof
ils members once more.
The Management Accounts are rewewed at Board meetings and al quartedy Financial Sub-committee meetings
with th& Chair and Treasurer. This ensures that going concem is regularly considered and any future issues
identified and planned for in a timely manner.
To date the Twstees are confident that the Youth Zone will meet its obligations for the next 12 months
12022120231.
Given the current position of the Charity with regards to unrestricted reserves. the succes5 of the initial Founder
P8tron fundraising campaign and the growing fundraising 3¢tivty in new areas, the Trustees are satisfied that
the Charity is fulfilling the criteria Of the going concem principle.
This conclusion 1$ also derived from the regular, detsiled review of the forecast financial impact of the Covid-19
pandemic. We have modelled forecast cash flows for this period, taking account of current cash balances and
expected income and expenses.
The Truslees are able to report that the Charity maintains a posrtive unrestrirted reserve and this alongside
generous pledges by existing and new supporter3 ensures that the Charlty maintain a rauti17us bul positive view
of its finanaal p05rtion.
The Charity conb.nues to identify and develop new funding streams for the future to mitigate the negative irnpact
of the Covid-19 Pandemic and more recent inflationary environment which has affeded the Cost of living.
SumTnary Financial Reylew
The Youth Zone has a satisfactory finanaal foundation after its seGond full year of operation.
The Youth Zone has continued to develop its fundraising model and begin new fijndraising initiatives. These
inibatives ensure that the broader community a￿ able to support Legacy. The Charty also continues lo be
generously 5UPPOrted by Ils dtsnor5, several of whom have ￿neWed their commitment after the expiry of their
initial donation. Legacy is extremely grateful lo them for1.heir continued generosity. The Youth ZDne continues to
develop its relationships Wth its donors to ensure their support is relational and they are able to see the impact tsf
their funding first hand.
The Youth Zone team inclvding the Fundraising Team, Finance Team, Chief Executive, Treasuref and other
Board Member5 will Continue to monitor and review the Youth Zone's financial performance to ensu￿ that rt is
able lo fulfil its objectives. The budget for 2022123 has been drawn up with the view that the Youth Zone will be
able lo operate uninlerrtjpted from restrictions and wth more young people accessing the wonderful
opportunities that are on offer to them.
The Youth Zone ha5 been building ils reputstion wthin the area and is detemiined to ensure that it continues to
embed itself in the ecmmunity as a valued stakeholder.
Princlpal Fundlng Sources
The Directors wish to record their thanks to all those individuals, charities and companies who have made
donations supporting the work of the Charity in 2021122.. The Lord Mayorfs Appeal, Rusknn Square, L&Q, Optivo,
Page 8

CROYDON YOUTH ZONE
IA company lim￿ed by guaranl•é
TRUSTEES, REPORT (CONTINUED}
FOR THE YEAR ENDED 31 PAARCH 2022
Ga￿"ck Airport, CCHA, Day Lewis Pharmacy, Four Acre Tnjst, Maria Marina Foundation, Reedham Children's
Trust, Findlay Charitable Trust, ILS Operations Mcoonalds, The Hesettine Family, The Carter Family, Denlsu.
The Seroussi Foundation lin partnership with The UBS Optimus Foundatitinl, Legal & General. Croydon Council.
Millwood Servicing LTD. M R S¢8ffolding, Crosstree Real Estate, The Taylor Famity Foundation, The Brenley
Trust, The Nelson Family, Immersion Capital, Sony Music Justice Fund, Jack Petchey Foundation. Mayor of
London's Young L¢ndoners' Fund., and to all the Chanty's other funders who have made the project possible
including those who wish to remain anonymDUS.
Future Plans
In the year 202212023. we wll ¢onlinue to focvs on increasing attendance at the Youth Zone through
developrnenl of our delivery programme. We wll be developing our membership joumey so that we can increase
meaningful eng8gements wrth our members. We a￿ developing our Marketing & Communications strategy so
that young people are inspired to attend, and so that the Youth Zone is a recognised charity that individu81$ and
organisab'ons want lo support. We wll continue to develop our fundraising strategy in order to meet our income
target. We will increase the Youth Zone's rentsl capacity outside of core operating hours to establish a passive
income stream.
We w711 conlinue to increase volunteer numbers to provide more opportunities for young people. We continue to
be mindful of making sure tral all we deliver is inclusive and a¢¢essible for members, and our stsff are
representative of the local community, are diverse, and their talents are developed so that we can further inspire
and raise the ambitions of Dur members.
How thè Charlty 15 adapting due to Coronavirus
Throughout the CoMd-19 Pandemic the Youth Zone adapted to the changing restrictions and guidance. The
Pandernic did continue to disrupt our operation into the 21122 financial year, but fortunately we were able to
weather the various challenges that we en¢ountered, induding managing staffing reductions due lo the virus. We
were able to remain open during the Christmas wriod and provide Christmas lunch and presents on Ghristmas
Day. From the beginning of 2022 the pre-pandemic operation began to return and the YoLrth Zone has gradu8lly
become busier and attracted new mernbers. Other community initiatives have continued to be a success, such
as Baby Zone and our free food par¢el distn"bution. We began working with schools more during the day, offering
enrichment activities to enhance the school curriculurn. Athough the Pandernic was a challenge to navigate our
way through, it did provide a chance for team members to refine their craft and build rneaningful relationships
with young people. As a result of this, we had a number of young people who had been Senior members, join us
as paid staff, working wth our Juniors. The hope 1$ that 2022123 vjill be our first full year of uninterrupted
operatsons.
Our reserves remain at the expected level and are reviewed regulaty alongside the rest of the finan￿al
information.
The Management A¢¢ounts will continue to be reviewed and income and expenditure reforecasls made rf
necessary to make sure that the Youth Zone remains financially sustainable and able to meet its objectives. Any
depletion of reseNes will be monitored and measures adopted to look to increase them again.
Restricted funds and dellvfrry contracts
Over the last year there has been fijrther restricted fijnding secured for drfferent programmes which enhance the
Youth Zone's actiwties. This is in addit.on to the Mayor of London's Young Londoners, Fund which covers the
cost of our'Empowere(I' employability programme. This grant was created for young people to receive support in
finding employment or training. Legacy secured funding for a Culture of Health programme lo support young
people's mental health funded by The Prudence Trust. The Youth Zone also launched a Mixed Martial Arts
programme in partnership with UFC and the Mel Police. Jack Pelchey Foundation have continued to support
Legacy through the Jack Pelchey Awards Scheme and their Intern programme. Sony Music began supporting a
rnusic mentoring programme across the three London Youth Zones. Securing funding for more targeted projects
continues lo be an area where Legacy aims to grow lo help contribute lo the costs of provlding young people with
8 safe and inspiring place to go in their leisure time.
Page 9

CROYDON YOUTH ZONE
{A Company Ilmitsd by guarnntse)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
All the activities of the Charity las summarised above) were undertaken to further ils chartsble purposes for
public benefit. The provision tsf a high-quality facilty for young people responds to a clear, ongoing demand from
young people, parents and the wider community lor rnore and better place5 for young people to go. Although
providing a service to all yOkJng people, Legacy Youth Zone focuses on attendance and participation of young
people from disadvantaged comrnunities. These young people are now able lo enjoy affordable access to all the
opportunf(ies that the facilities prowde. Legacy has been able lo remain open, in one form OT another during the
pandemic. This has meant that theTe was a￿ayS a 58fe, engaging place for young people to gts and engage in
positive activities which improved their mental, ernob"ona1 and physical wellbeing. Legacy ha5 also been able to
continup to work with local parthers to ensure that young people in and around Croydon have been able to
access Tvuch needed support, and Legacy has been able to endorse and support other local initiatives.
The Trustee5 of Legacy Youth Zone believe they have complied with thelr duty (set out In sects.on 17 of the
Charities Act 20111 to have due regard to the public benefit guidance published by the Charity Commission.
Our volunteers are an extremely irnportanl part of the life of Legacy Youth Zone, they contribute lo our reception
team, ¢atering team. youth work activ￿.eS team and Board. They are all valued and recognised for their
contribution, and Legacy would not be able to carry out the acb'vilies il does wthDuI them. They have contrlbuted
to the daily operation, enhancing the experience of members. impacted our financial planning. gtsvernance,
fundraising, safeguarding, communication5, health and safety. and helped wlh new inits"atives. Such voluntary
contributions totalled approximately 1.480 hours over Ihe past 12 months. The reducb.on compared lo previous
yeary was as a result of the loss of voluntoors over the pandemic. We ¢ontinue to build back up this vitsl reserve
as restriction5 ease.
Statement of Trust••s' Re$ponsibilltie8
The Trustees Iwho are also the Difectors Df Croydon Youth Zone for tho purpose of company lawl are
responsible for preparing the Tru51ee5 Annual Report and financial statements in aC¢Ofdance with applicable law
nd United Kingdom Ac¢ounting Standards (United Kingdom Generally Accepted Accounting Praclicel.
Comp8ny law requires the Trustees lo prepare financial statements for each financ4al year, whith give a true and
fair view of the state of affair of the charitable Company and of the income and expenditure. of the charitable
company for that period. In preparing these financial s18temen15 the Tru51ees are required lo..
Select suitable accounting policies and then apply them consislenuy.,
Observe the method5 and principles in the Charitses SORP.,
Make judgements and eslimales that are reasonable and prudent;
Slate whether applicable UK Accounting Stsndards have been followed, subject to any material departure5
disclosed and explained in the financial statement5",
Prepare the financial statements on the going Goncern basis unless it is appropriate lo presume that the
charitable company will continue in business.
The Trustees a￿ ￿SponSible for keeping adequate accounting records that disclose vAth reasonable
accuraGy at any time the financial position of the charitable company and enable them to ensure that the
financial statements compty the Companies Act 2006. They are also responsible for safeguarding the
assets of the charitable company and hence taking reasonable steps for the prevention and detection of
fraud and other irregularities.
The Tnjstees confimi that so far a5 they are aware, th￿ is no relevant audit information of which the charity's
auditors are unaware. The Trustees have taken all Df the Steps that they ou9ht lo have taken as Trustees in
Order to make themselves aware of the relevant audit information and to Èstsblish that the charity s auditor5 are
aware of that information.
The financial statements comply with current statutory requirements, the companls Memorandum and Artides
or Asso¢iation and the Char"rties SORP.
Page 10

CROYDON YOUTH ZONE
IA company Ilmitsd by guarantsel
TRUSTEES, REPORT (CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2022
Auditors
In accordan¢e with Section 489 of the Companies Act 2006. a resolution to appoint Crowe U.K. LLP will be
pioposed at the Annual General Meeting.
Approved by order of the members of thè board of TTUSteès on 12 December 2022 and signed Dn their behalf
M Byme
Treasurer, Company Director and Trustee
Page11

CROYDOM YOUTH ZONE
{A company limlted by guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CROYDON YOUTH ZONE
Oplnion
We have audited the financial statements of Croydon Youth Zone (the 'tharitsble company'l for the year ended
31 March 2022 ￿lch comprise the statement of financial activities. the balanee sheet. the statement of cash
flows and the related notes, induding a summary of significant accounting policies. The financial reporhng
framework that has been applied in their preparation is applicable law and United Kingdom Accounting
standards. including Financial Reporting Stsndard 102 The Financial Repotbng Standard applicable in the UK
and Republic of Ireland, IUnf(ed Kingdorn Generally Accepted Accounting Practice).
In our opinion the financial slaternents..
give a true and fair view of the state of the charitsble comp3nls affairs 88 at 31 March 2022 and of its
incoming resources and application of resources, including 115 income and expenditure for the year Ihen
ended.,
have been propedy prepared in accordance wlh United Kingdom Generally Accepted Accounting
PraGtice', and
have been prepared in accordance vdith the requirements of the Charities Act 2011.
Basis lor opinion
We conducted our audit in accordance with IntemJtional Stsndards on Audrting IUKI IISAS (UK)) and applicabl
law. Our responsibilities under those Standards are further described in the Auditor's responsibil((ies for the audit
of the financial statements sectiors of our report. We are independent of the charitable cornpany in accordance
ilh the ethical requirements that are relevant lo our audit of the financial Statements in the United Kingdom,
indudlng the Finaiiuidl RepkTritlng Council'y Ethical Stat)d3rd, and we have ftiifillp.d our other ethical
responsibtlities in accordance with these requirements. We believe that the audit evidence we have obtained is
sufficient and appropriate lo provide a basis for our opinic41.
C¢)nGlusions r8lating to going concern
In auditing the financial statements, we have conGluded that the Trustees, use of the going concem basis of
acctsunting in the preparation of the ffinancial statements Is appropriate.
Based on the work we have performed, we have not identthed any rnaterial uncertainties relating lo events or
condib.ons that. individually or colleclivety, may cast significant doubt on the charitable company'5 ability to
continue as a going concern for a period of at least ￿1ve months from when the financ01 statemenls are
authorised for issue.
Our responsibilities and the respon$ibilVcies of the Trustees wlh respe¢t to going concem are described in the
relevant 5e¢tions of this report.
oth•r infomiation
The other information comprises the information induded in the annual report Other than the financial statement$
and our auditof's report thereon. The Trustees are ￿SponSible for the other information contsined within th
annual report. OUT opinion on the financi81 statements does not cover the other informats.on and, except la the
extent otherwise explicrtly stated in our repr)rt we do not express any form of assuranGe conclusion Ihereon. Our
responsibility is to read the other information and, in doing so. consider whether the other information 15
materially inconsistent the financial statements or our knowledge obtained in the course of the audit, or
Othe￿￿lse appears to be materially misstated. If we identsty such material inconsistenues c+r apparent material
mi55tstements, we are required to Lletermine whether this gives rise t¢) a material misstatement in the financial
Pag¥ 12

CROYDON YOUTH ZONE
{A company limited by guarantsel
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CROYDON YOUTH ZONE ICONTINUEDI
statements themselves. If. based on the work have perfomied, we Condude that there is a rnalerial
mis3ts1ement of this other information, we are required to report that fact.
We have nothing lo report in this regard.
Alatters on whlch wt are required to rnport by •xception
We have nothing to ￿pOrt in respect of the following matters where the Charities (Accounts and Reports)
Regulations 2008 requires us lo report to you if, in our opinion..
the information given in the Trustees. report is inconsistent in any material respect with the finanual
statements., or
$ufficient accounting records have not been kept., or
the financial statements are not in agreement with the accounting records and returns., OT
we have not reraved all the information and explanations we require for our audrt.
Responsibilities ot trustsos
As explained more ftjlly in the Iru5tees' responsibilities statement. the Trustees (who are also the directors of the
charitable company for the purposes of company lawl are responsible for the preparation of the financial
ststements and for being satisfied that they give a true and fair wew, and for such intemal control as the
Tnjslees deterrnine is necessary to enable the preparation r)f financial ststemenls that are free from rnaterial
misstatement, whÈther due to fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the charitsble company's ability
to continue as a going concern, disclosng, as applicable, matters related lo going cOn￿M and using the going
concem basis of accounb'ng unle55 the Trustee5 either intend to liquidate the charitable company or to ¢ease
operations, or have no realistic allemalive to do so.
Audltorf$ r•$pon$ibilities for the audit of the flnanclal $tstsmonts
We have been appointed as auditor under section 144 of the Charitie5 Act 2011 and ftport in accordance wth
the Act and relevant regulatsons made or having effect thereunder.
Our obje¢live$ are lo obtain reasonable assurance about whether the financial $latemenl$ as a vthole are free
from material misstatement, whether due to fraud or error, and to issue an auditorfs report that indudes our
opinion. Reasonable a55urance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS IUKI wll a￿y5 detect a material misstatement when it exists. Misstatements can arise
from fraud or etrgr and are considered material if. individually or in the aggregate. they could reasonably be
expected to influen¢e the economic decisions of users tsken on the basis of these financial ststements.
IrTegularilies, including fraud, are instance3 of non-compliance with laws and regulations. We design procedures
in line with our responsibilities, oudined above. to detect rnaterial misstatements in respect of irregularities.
including fraud. The extent to whi¢h our procedures are capable of detecting irregularibes, including fraud is
detailed below.
We obtsined an understanding of the legal and regulatory frameworks wlhin whi¢h the Gharitable company
operates, focusing on those laws and regulations that have a direct effect on tre detèrmin8tion of mateii81
mounts and disclosure5 in the financial statements. The laws and regulations we ¢on$id¢red in this context
were the Companies Act 2006, Charities Act 2011 and employment legislation.
Page 13

CROYDON YOUTH ZOME
IA company limlt•d by guarantse}
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CROYDON YOUTH ZONE ICONTINUEDI
Aud￿ng standards limit the required audit procedures to identify the non-compliance wth thesè laws and
regulations to enquiry of the trustees and other management and inspection of regulatory and legal
correspondence, if any.
We identified the greatest risk of mgterial impact on the financial statements from irregularities, induding fraud,
to be the override of controls by managernent and completeness of income. Our audit procedures to ￿Spond lo
these risks included enquirie5 of management about their own identsfication and a5$essment of the ri5k5 of
irregularities. sample testing on the posting of joumals, reviewing aG¢ounting estimates for biases and sample
testing from grant and donation docuTnentstion.
I￿ng to the inherent limitstions of an audit, there is an unavoid8ble risk that we may not have detected some
material misststement5 in the financial statements, even though we have properfy planned and performed our
audit in accordance wth auditing standards_ We are not responsible for preventing non40mpliance and cannot
be expeded to delect non-compliance with an laws and regulations.
A fvrther description of our Tesponsibilitie5 for the audit of the financial statements is located on the Financial
Reporb"ng Council's website at.. ￿.
.or
.uklauditorsTe5
onsibiliti
s. This description foms part of our
audrto￿s report.
Use of our report
This report is made solèly to the charf(able Company's members, as a body, in accordance wth Part 4 of the
Charities IAccounts and Reportsl Regulations 2008. Our audit work has been undertaken so that we might state
to the charTtable company5 members those matters we are required to slate to them in an auditorfs report and
for no other purpose. To the fullest extent permitted by law, we do not accepl or assume responsibility to anyone
other than the charitable company and its members, as a body, for uur audit work. foi this report, or for the
opinions we have lonred.
Vicky Szulist
Crowè U.K. LLP
ststutory Auditor
3rd floor
The Lexicon
Mount Street
Manchester
M2 5NT
Date= 14th December 2022
Crowe U.K. LLP are eligible lo act as auditors in tem)s of section 1212 of the Companies Act 2006.
Page 14

CROYDON YOUTH ZOME
IA company limited by guarantèè}
STATEMENT OF FINANCIAL ACTIVITIES IINCORPORATING INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 MARCH 2022
Unrestrictsd
funds
2022
Rgstriclgd
funds
2022
Total
funds
2022
Total
funds
2021
Note
Inc0rn9 from:
Donations and legaciès
Charitable a¢tivities'.
Membership & Session Fee$
Holiday Club
Enterprise Income
Catering Income
Roomlfacility Hire
Investments
Other income
1,520,896
503.063
2,023,959
1,815.301
37,582
31.936
1.229
38,851
15.170
759
37,582
31.936
1,229
38.851
15,170
759
4,270
22,725
140
12.379
9,071
591
97,283
15.049
15.049
Total ineomo
1.661,472
503,063
2,164.535
1.967, 760
Expèndlturn on:
Charitable adivilies
1,3FA,274
59T.849
1,952.123
1,608.956
Totsl gxp?nditur•
1.354,274
597.849
1,952,123
1,608,956
Nat incomellèxpenditurel
Transfers between funds
307.198
111,851)
194.7861
11.851
212.412
352,804
16
Notmovem•nt in funds
295,347
{82.9351
212,412
352,804
Reconclllatlon of funds:
Total fund5 brought forward
Net movement in funds
1.294,216
295.347
6.348.076
82.9351
7,642,292
212,412
7,289,488
352,804
Total fvnd$ carried forward
1.589.S63
6.26S,141
7,854,704
T,$42,292
The Statement of ffinancial a¢tivities includes all gains and losses recognised in the year.
The notes on pages 18 to 33 form part of these financial statements.
Page 15

CROYDON YOUTH ZONE
IA company Ilmited by guarantee)
REGISTERED NUMBER: 10405820
BALANCE SHEET
AS AT 31 MARCH 2022
2022
2021
Note
Fixed assets
Tangible assets
6.201,319
6,338,958
6,201.319
6,338,958
Curront assets
Debtors
Cash at bank and in hand
14
83.772
1.730,845
21,395
1,435, 900
1.814.617
1,457,295
Creditors.. amounts falling due wthin one
year
15
1161,232)
(153,961)
Net current a$$ets
1.653,385
1,303,334
Total nèt assets
7.854,704
7,642,292
Charlty fund$
Restncled funds,.
Restrided fvnds
16
6,265,141
6,348, Q76
Ttstsl restricted fvnds
Unrestricted funds
16
16
6.265,141
1,589,563
6,348,076
1.294,216
Total funds
7,854,704
7,642,292
The T(uslee5 a¢knowledye their responsibilities for complyng with the requirements of the Act wth respect lo
accounting records and preparation of financial ststements.
The finanu31 statements were approved and aulhorised for issue by the Trustees on 12 December 2022 and
signed ¢)n their behalf by..
M Bym•
Treasurer, Director and Trustee
The notes on pages 18 to 33 fomi part of these financial ststemertts.
Page 16

CROYDON YOUTH ZONE
{A company limlted by 9uaranteel
STATEPAENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2022
2022
2021
Nots
Cash IIov45 fmm op•rating activiti•s
Net cash used in operating activitie5
18
379.534
605,717
Cash flows from Investlng activlties
Dividends. interests and rents from investments
Purchase of tangible fixed assets
759
591
(66,235)
185.3481
Not ¢a•h used In Investlng •ctlvltle$
184.5891
{65,6441
Cash flows from financing aetivltl
Net ¢a$h provided by financing activities
Change In cash and cash equivalents in the year
Cash and cash equivajenls at the beginning of the year
294.945
540,073
1,435,900
895,82T
Cash and cash equivalents at the end of the year
1.730.84S
7,435,900
The notes en pages 18 to 33 form part of these financial statements
Page 17

CROYDON YOUTH ZONE
IA company Ilmbted by guarnntse)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Goneral informatlon
Croydon Youth Zone 15 a private charrkable ¢ompany limrted by guarantee, incorporated in England and
Wales. Please see the referance and admini5ttative information on page 1 for the registered addregs.
Accountlng policies
2.1 Basis of prnparation of financial statem•nts
The financial statements have been prepared in accordance %Mth the Charities SORP IFRS 1021
Accounting and Repotting by Charities.. Statement of Recommended Practice applicable to charities
preparing their acrounts in accordance wth the Financial Reporting Stsndard applicable in the UK
and Republic Of Ireland IFRS 1021 {effecb"ve 1 January 20191, the Financial Reporting Stsndard
applicable in the UK and Republic of Ireland IFRS 1021 and the Companie5 Act 2008.
Croydon Youth Zone meets the definition of a public benefit entity undpf FRS 102. Assets and
liabilrties are initially recognised at historical cost or tranS3￿10n valytr unless othernise stated in the
relevant accounting policy.
2.2 Golng conc•m
The Trustees. assessment is that there are SLrfficient funds to maintain operations for at least the
next 12 months. This is based on the lèvel ol the Charty's unrestricted reserves which are in excess
of 12 months. worth Of expendrture. Fundraising networks continue to be developed and the nature 01
operations are such that the cost base can be managed shauld Ilieie liv a sudden drop in income.
The charity have a number of Founder Patrons and fundraising efforts continue wih the local
community.
Based Dn the above, the Trustee5 consider the Charity to be a going concern.
2.3 Income
All Income is recognised once the Charity has entitlement to the income, it is probable that the
income wll be received and the amount of income re¢eivable can be measured reliably.
Grants are included in the statement of financial aclivrties on a receivable basis. The balance of
Income received for specific purposes but not expended during the period is shown in the relevant
funds on the balance sheet. Where income is received In advance of Èntillemenl of receipt, its
recognition is deferred and included in creditors as deferred income. Where entiuemenl occurs
before income is received, the income is accTued.
Other income is recognised in the period in which it is receivable and to the extent the goods have
been provided or on Completion of the service.
Page 18

CROYDON YOUTH ZONE
IA company Ilmlted ty guarnnts•}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Accountlng policies Icontinuedl
2.4 Expendlture
Expenditure is Tecognised once there is a legal or constructive obligation to transfer economic benefft
to a third party, it is probable that a transfer of economic benefit5 will be required in Settlement an
the amount of the obligation can be measuied reliably. Expenditure 15 ¢la5sified by a¢livity. The costs
of each actiwty are made up of the total Df direct costs and shared costs, including support costs
involved in undertaking each activty. Direct costs attributable to a single activity are allocated diredy
to that ath'vity- Shared costs contribute to more than one activty and support costs which are
not attributable to a single a¢livity are apportioned be￿een those activities on a basis consistent wlh
the use of resources.
ExpenditUTe on charrtable activities is incurred on direcuy undertaklng the activhies which further the
Charitys objectives, as well as any associated support costs.
All expenditure 15 inclusive of irrecoverable VAT.
2.5 Intsrest rn¢elvablg
Interest on fvnds held on deposit is included when receivable and the amount can be measured
reliably by the Charity., this is nornially upon notification of the interest paid or payable by the
insts'tution with whom the fvnds a￿ deposited.
2.6 Tangible flxed assets 4nd doproclatlon
Tangible fixed assets costing £250 or more ar¥ Capitalised and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initlally recognised at C051. After recognition, under the cost model. tangible
fixed assets are measured al ¢ost less accumulated depreciation and any accumulated impairment
losses. Al costs incurred to bring a tangible fixed asset into it5 intended workn'ng condition should be
included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less thelr residual value
over their estimated usefvl lives .
Depreciation is provided on the following basis..
Leasehold Property
Motor vehicles
Fixtures and fittings
Computer equipment
over the lrfe of the lease
200A straight line
25.￿ reducing balance
33% straighl line
2.7 Debtors
Trade and other debtors are recognised al the setdement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.8 Cash atbank and in hand
Cash at bank and in hand Includes cash and short-temi highly liquid investments wth a short maturty
of three months or less from the date of acquisftion or opening of the deposit or Similar account.
Page 19

CROYDON YOUTH ZOME
(A company limitsd by guarnnloo)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Accounting poll¢l•s (contlnu8d)
2.9 Uabilltlos and provisions
Liabilities are recognised ￿en there is an obligation at the balance sheet date as a resuli of a past
event. it is probable that a transfer of economic benefit wll be requiFed in settlgment, and the amount
of the settlement ¢an be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipate5 it will pay to settle the debt or the
amount it has received as advanced payments for the goods or seNices It musl provide.
Provisions are megsured at the best estimate of the amounts required to settle the Dbllgation. Where
the effect of the lime value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rale that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the statement of financial activrties as a finance cosL
2.10 Finan¢lal instrumonts
The Charity only has financial assets and financial liabilities of a kind that qual'fy as ba51¢ financial
instruments. Basic financial instruments are inilialy recognised al transacbon value and subsequent
measured at their settlement value with the exception of bank loans whiGh are SLbbsequenUy
measured at amortised co$t using the effective inleresl method.
2.11 P•nsion$
The Charity operates a defined contributron pension s¢h•me and Ihe pension charge represents the
mounts payable by the Charity to the fijnd in rei>pe¢t of the year.
2.12 Fund a¢￿￿nting
General fijnds are unrestricted funds which are available for kjse at the discretlon of the Trustees in
rtheTance of the general objectives of the Charty and vthich have not been designated for other
purposes.
Desgnated funds comprise unrestricted funds that have been set aside by the Trustees for particular
purposes. The aim and use of each desi9nated fund is sel out in the notes to the financial
statements.
Restricted funds a￿ fijnds which are to be uged in acctsrdance wth specffic restrctions imposed by
donors or which have been raised by the Charity for particular purposes. The costs of raising and
administering sucm funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial stalemenls.
Investment income. gains and losses are allocated to the appmpriate fund.
Page 20

CROYDON YOUT14 ZONE
IA Company lIm￿d by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 P41ARCH 2022
Critical accounting 8stimat8s and ar¢a$ of Judgment
Estimates and judgmènts are continually evaluated and are based on historical experience and other
factors, including expectations of future events that are beli8ved to be reasonable under the
circumstsnGes.
Critical accounting estimates and a5sumptions'.
The Trustees do not consider the￿ to be any critical accounting estiamtes Dr assurnplions.
The Charity makes ests'mates and assumptions ¢onceming the future. The resulting accounting estimates
and assumptions wll, by definition, seldom equal the related aetual ￿SUIts. The estimates anrj
assumptions that h8ve a significant risk of causing a matèrial adjustment lo the carrying amounts of
assets and liabilities within the nex* financial year ar8 disGu$sed below.
Crltlcal areas of judgment..
The Trustees do not consider there to be any critical areas of judgement.
Income from donatlon$ and l•ga¢le$
Unrestrictsd Rèstricted
funds
funds
2022
2022
Total
funds
2022
Donation$
Granis, Trusts & Foundations
Local Authority
Founder Patrons
Corporate Donation$
Community Donation$
Other Patrons
Digital Donations
55,505
250,000
1,139,259
26,044
18,026
8,000
24.062
476,100
24,963
531,605
274,963
1.139.259
26.044
18.026
8.000
26,062
2,000
Subtotsl detailed disclosurg
1,520,896
503,OS3
2.023.959
1.520,896
503,063
2.023,959
Page 21

CROYDON YOUTH ZONE
(A company limited by guaranlfjel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
InGom8 from donations and18gacles (continued)
Unrestricted
funds
2021
Restricted
funds
2027
Total
funds
2021
Donatlon$
Don8tions- General
Grants, Trusts & Foundations
Local Authority
Founder Patron$
Cgrporate Donations
Com7nunity Donations
Other Patrons
Digi(al Donations
6,378
71, 157
300,000
810,000
22,333
3,371
15,QOO
8, 754
6,378
649,465
300,000
870,000
22,333
3,371
75,000
8, 754
578,314
1,23S,987
578,314
1,815,301
Incorn• from charitsblo actlvities
Unrestrictad
funds
2022
Totsl
funds
2022
rotal
funds
2021
Income from charitable activ((ies- Operation of Youth Zone
124,768
124.768
48,585
Investment In¢omo
Unr￿triCt￿d
funds
2022
Total
funds
2022
Tol81
funds
2021
Investment income
759
759
591
Page 22

CROYDON YOUTH ZONE
IA company Ilmltsd by guarantso)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Other Incoming resourc•s
Unrestricted
funds
2022
Total
funds
2022
Tolal
funds
2021
Other Income- in¢luding COVID related income
15.049
1S,049
97,283
Analysis of expendlturg on Charitable activltles
Summary by fund type
Unrestrlctsd R9str1¢ted
funds
funds
2022
2022
Total
2022
Operation of Youth Zone
1,354,274
597.849
1,952.123
Unraslnclgd
funds
2021
RestriGtgd
funds
2027
Tolal
2021
Operatson of Youth Zone
929,472
679,484
1,608,956
Analysis of expendituro by activiti0$
Activities
undertaken
directly
2022
Support
costs
2022
Total
funds
2022
Operation of Youth Zone
1,366,237
585,886
1,952.123
Page 23

CROYDON YOUTH ZONE
IA company limitèd by guarants•)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Analy$l$ of oxpenditure by activities Icontlnuodl
Activities
undertak8n
dirpotly
2021
Support
costs
2021
Total
funds
2021
Operation of Youth Zone
7, 177,416
431,540
1,608,956
Analysis of 5UPPOrt costs
Operation
of Youth
Zon•
2022
Total
funds
2022
Total
funds
2021
Depreciation
Other staff costs
Uniform
Telephones
IT, website & software
Professional & consultancy fees
Licences
Other supplieis & sundry costs
Insurance
Printing, photocopying & stationery
H05Pltality
Marketing & communications
Onside Netsvoik donation
Volunteer Costs
Utilitie5
Premises costs
Catering
Ba￿k rharges
Audit fees
222,987
18,770
3.163
6,376
21,853
21,864
12,067
4,678
33.605
8,270
23
222,987
18,770
3,163
6.376
21.8S3
21,864
12.067
4.678
33,605
8.270
23
215,243
6, 789
2,647
6,834
16,228
3,253
10.739
2,045
27,514
5,068
133
26,893
24,705
360
26,893
24.705
360
6,698
12,750
147
48,265
42,797
17,452
668
6,270
54,108
58,128
58,104
1,472
8,460
54,108
58.128
58.104
1,472
8.460
585,886
585,886
431,540
Page 24

CROYDON YOUTH ZONE
IA company Ilmlted by guardntsel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
10.
Auditor's r￿nUn•raIl¢n
2022
2021
Fees payable to the Charitls auditor for the 8udit of the Charitys annual
axount5
6,000
5,500
Fee$ payable to the Charills audrtor in respect of..
All non-audrt services not induded above
1.000
770
11. Staff costs
2022
2021
Wages and salaries
Social Security c03ts
Contribution lo defined Contribution pension schemes
1.131.616
69,886
16.889
7,048,290
57.032
15,324
1.218,391
1, 120.646
The average number of persons employed by the Charity during the year was as follows..
2022
No.
2021
No.
Staff
90
97
No employee received remuneration amounting lo more than £60.000 in either year.
The agg￿gate remuneration of the Key Management Personnel, coFnpri$es the Chief Executive,
Business Adminislralion Manager. Head of Youth Work, Head of Fundraising and Volunteer and Training
Manager al a total Cost of £232,87912021'. £253,010).
12.
Trusteès. remuneration and •xp8ns•s
During the year. no Trustees received any remuneration or other benefits (2021- £NIL)-
During the year ended 31 March 2022, no Trustee gxpenses have been incurred (2021- £NIL).
Page 25

CROYDON YOUTH ZONE
{A company limitsd by gu•rant•el
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
13. Tangible fixad assets
Freehold
property
otor Fixtufès and
v•hicles
ffftings
Computer
equipment
Total
Cost or valuatlon
At 1 April 2021
Addits"ons
6.288,203
7,895
315,436
43.529
73,731
17.494
6,677.370
85,348
16,430
Al 31 March 2022
6,296.098
16.430
358,965
91.225
6,762.718
Depreclation
Al 1 April 2021
Charge for the year
196.716
125,829
102.225
67,620
39,471
27A12
338,412
222,987
2.126
At 31 March 2022
322.545
2.126
169,845
66,883
S61,399
Net book valu•
At 31 March 2022
5,973,563
14,304
189,120
24342
6,201.319
Al 37 March 2021
6.091,487
213,211
34,260
6, 338,958
14. Debtors
2022
2021
Due within ono year
Trade debtors
Other debtors
Prepaymenls and accrued income
78.3S6
5,136
280
6.360
5.250
9,78S
83,772
21,395
Page 26

CROYDON YOUTH ZONE
IA company limitèd by guarantsal
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
15. Creditors.. Amounts falling due withln one year
2022
2021
Trade creditors
Other taxation and social security
Other creditors
33,714
30,180
83.785
13.553
37,321
29.350
80,729
12,561
Accruals and deferred income
161,232
153,961
18. Slatsm&nt of funds
ststement of funds. current year
Balaneè at
31 March
2022
Balance at 1
April 2021
Tran5fer5
Incom• Expgndtture
unrestrict￿ fijnds
Deslgnatod funds
Major Works & Repair
100,000
100.000
200.000
General funds
General Funds- all fvnds
,194.216
1.661,472
11.354.274)
1111.8511
1.389,S63
Total Unrestricted funds
1,294.216
1,661,472 {1.354.2741
111,8511
1.589,$63
Restricted funds
Fixed Assets
Sensory Room Equipment
Ivarious fundersl
Jack Pelchey Intemship
Programme
Jack Pel¢hey Achievernent
Awards
6,190.348
1228.055)
5.962.293
13.339
1956)
12.383
29.142
123,602}
S,540
2,490
20.$44
5,249
{4,5381
{1.6291
3,203
18,915
Big Local Green
Anonymous- Laptop
Computers
Young Londoners Fund
Table Tennis England
1.155
18,070
575
37.161
133,7621
15751
452
21,921
Page 27

CROYDON YOUTH ZONE
IA company limitsd by guarnnt•el
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
16. Stslèmant ol funds Icontinuedl
Statament of fundg - current yoar Ic4)nllnuod
Balance at
31 March
2022
BalanG• at 1
April 2021
Transfvrs
inlout
Income Expendltur•
8abyzone
Jack Pelchey COVID
Queens Comrnonwealth Fund
Anonymous- Fundraising
Initiative
UFC Prolect
Kick Stsrt
HAF ProgTamme Holiday Club
Sony Musi¢
Prudence Trust
Culture of Health
Champions Children Campaign
Menttsring
L&Q
Viridor Beddington Community
Benefit
6.Z27
4992
5.000
100.000
14,974
156,2941
{18.1511
15.ODOI
49,933
1,815
85,338
150.000
1119.1851
11,S181
116.1S1
11,5181
11,851
24,963
36.440
11,851
24,963
100,000
3.325
7,776
163.5601
15.0951
18.6401
1.770
864
2.000
16.622
19601
125.3871
8.765
(5001
Isooi
6.348,076
503,063
(S97.8491
11.BS1
6,265.141
Total of funds
7.642,292
2.164,535
11,952.1231
7.854.704
Page 28

CROYDON YOUTH ZONE
{A company limltsd by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
16. Statèment of funds Icontinuedl
Restricted fvnds at 31 March 2022 comprise the followng..
l. Sensory Room Equipment (various fundersl
A collaborative project with 5UPPOrt received from Wooden Spoon, the Toy Trust and James Tudor
Trust, which enabled us to equip our sensory room with the high qualty resources to support young
people wf(h additional needs.
2. Jubilee Trust
Provided us with funding that en8bled us to purchase tsutdoor cinema equlpmert netball equipment
and football equipment for our young people.
3. Jack Pelchey Achievement Awards
Have helped us to begin to recognise the achievements of young people at Legacy since February
2020.
4. Big Local Bioad Green
Funding to develop a fulty equipped library within Legacy. complete bmth bespoke bookcases, desks,
computers and staffing to support with their sch¢)ol work and general well-being.
5. Anonymous- laptop computers
Donated funds to purchase laptops for young people who did not have access to a device at home
during national lockdowns, lo help support wth their school work and general well-being.
6. Young Londoners Fund
Funding Legacvs employabilty programme ¥Emp¢w￿red', Supportlng young people at risk of
exclusion, social isolation or criminal behaviour to find a job, work èxperience and apprentice5hip5
through tsrgeted workshops.
7. Table Tennis England
Funded outdoor table tennis equipment lo establish a table tennis club for young people at Legacy
8. Babyzone
A grant to develop a free, walk-in mother and loddler group. breaking down barriers for parenls who
may stwggle lo access traditional provision.
9. Jack Petchey COVID
A grant to help us deliver crucial helath and wellbeing sUPPOrt by contributs.ng 200￿ of the project
costs to be delivered be￿een April and Odtsber 2021. Funding the youth wtrrkers that make thi5
possible in the recreational area, wellbeing rooms and through our sports provision.
10. Queens Commonwealth Fund
A grant ¢ontributiong towards our Enterprise offer, sUppO￿ng young people to develop their business
8￿Men in a lun and relaxed 5etling.
11. Arts Council
A grant to sijpport the momentum buim with our ueative offer frjr the young people of Crgydon.
Funding our dedicated art5 worker, lo ensure we could continue to offer young people in our
Community a varied and creative arts and culture offer during lockdowns.
12. CMC
A government grant to support Youth Zones across the Onside netsvork to deliver our essenlial yolrth
work seNices for young people in a posl-COVID world.
13. Sports England
Funding to support our bullding costs during lockdown, including utilities, secunty. Maintenan￿ and
deaning.
14. Anonymou5- Fundraising
A grant to help devdop Legacls fundTaising team through establishing new income streams and
supporting the charitys overall sustainability.
15. UFC Project
A programme to run mixed Ma￿al arts for at rTsk young people. Expenditure was incurred in advance
of the funding being received after the reporting date which generated the deficit on the fund.
16. Kickstart
A government employment scheme aimed at getting young people back into employment.
17. HAF Programme Holiday Club
Page 29

CROYDON YOUTH ZOME
IA company limitsd by guar•nts8)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
16. Statement of funds Icontinuedl
Funding to operate a Holiday Food & Fun club for young people eligible for free school meals.
1 b. Sony Muslc
Funding for a Pan-London music programme aimed at providing opportunifies for young people wth
musical ambitions.
19_ Prudence Trust
Funding for a youth worker wlh a focus on mental health of young people.
20. Culture Df Health
A Project aimed al creating a complete healihy environment at the Youth Zone.
21. Champions Children Campaign Mentoring
To facilitate the recruitment of a Mentoring Co-ordinator.
22. L&Q
Health & wellbeing fvnding with a focus on mentsl heahh support.
23. Viridor Beddington Community Benefit
Funding for a film project promoting young poeple. This film was writien and produced by young
people. Expenditure was incurred in advance of funding being received.
ststèm•nt of funds - prior y¢ar
8alanGe &t
31 March
2021
Balance at
l Apnl 2020
Trnnsfers
irnlout
Income Expenditure
Unrestricted fund8
Dèsignated funds
Major Works & Repair
loo,000
100,000
General funds
General Funds- all fvnds
840,241
1,383,446
(929,471)
(100,000)
1,194,216
Total Unrestricted funds
840,241
1.383,446
(929,471J
1,294,216
R￿trIcted funds
Fixed Aysets
Sensory Room Equipment
IvaTIOU5 fijndersl
Jubilee Trust
Jack Petchey Achievernent
Aw8rd$
Big Local Green
Anonymous- Laptop
Compulerg
Young Londoners Fund
6,405.591
(215,243)
6, 190,348
16, 764
392
(3,425)
(392)
13,339
1,500
(57QJ
{4,456}
2,490
20,544
25.000
25,000
55,741
(23.845)
137,677)
1, 155
18,070
Page 30

CROYDOII YOUTH ZONE
IA company limited by guararrtee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
16. Statement of funds lcontinued)
Statement of funds- prlor year (¢ontlnuedl
Balance at
31 March
2021
BalanGe at
l April 2020
Transfers
inlout
IncL)me Expenditure
Table Tennis England
Babyzone
Jack Pelchey COVID
Queens Commonwealth Fund
Anonyrnous- Fundraising
Inits"ative
Arts Council
CMC
Sports England
1.050
6,227
4,992
5,000
(475)
575
6,227
4, 992
150,000
14,864
303.940
10,000
(64,664)
(14.864)
(303.940)
fto,000)
85,336
6,449,247
578,314
(679,485?
6.348.076
Total of funds
7,289.488
7,961, 760
(1,608,956)
7,642.292
17. Analysls of nol assets ￿tween fund$
Analysis of n•t assots behveen funds- curr•nt y•ar
Unrestrict8d Re$trictsd
funds
funds
2022
2022
Total
funds
2022
Tangible fixed assets
Current 855ets
Creditors due wthin one year
6.201.319
63,822
6,201,319
1,814,617
{161,2321
1,750,795
1161.232)
Total
1,S89,563
6.265.141
7.854.704
Page 31

CROYDOM YOUTH ZONE
IA company limlt8d by guarnnts8)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 IIIARCH 2022
17. Analysis of net assets funds Icontlnued)
Analy51s of net assets betw¢eD funds - prior y•ar
Unresfvcted
ftjnds
2021
Restricted
ftjnds
2021
Total
funds
2027
Tangible fixed assets
Current assets
Creditors due VAthin one year
6,338,958
9,118
6,338, 958
1,457,295
(153,961)
1,448, 177
(153,9671
1,294,216
6,348,076
7, 642,292
Total
18. Reconciliation of net fflov8ment In fund5 ta net cash flow from op•rating activiti•s
2022
2021
Net income for the year las per Statement of Financial A¢tivities)
212.412
352, 804
Adlustftiènts for:
Depreciation charge$
Dividends, interests and rents from investsnents
Decreasellincreasel in debtors
Increase in creditors
222.987
17591
162,377)
7.271
215,243
(591)
15,818
22.443
Not cash PTovldèd by operating activities
379,534
6Q5, 717
19. Analysi$ of ¢a8h and cash equival•nts
2022
2027
Cash in hand
1.730,845
1.435,900
Totsl cash and cash oquivalents
1.730,845
1,435,900
Page 32

CROYDON YOUTH ZONE
IA company limlted by guarantsel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
20. Analysis of chang•s in ntt debt
At l Aprll
2021 Cash flov*8
At 31 March
2022
Cash at bank and in hand
1,43S,900
294.945
1,730,84S
1.435,900
294.945
1,730.84S
21. Capltal commitments
2022
2027
Contracted for but not providèd In thèse financi?1 ststements
Acquisition of tangible fixed assets
82.215
82,215
22.
Pension commitments
The charitable company operates a defined Ggntribulion pension SGheTne. The assets of the scheme are
held separately from those of the charitable company in an independently administered fund. The pension
ost charge repre5ent5 contribution5 payable by the charitable company to the fijnd and amounted to
£3,10612021.' £3,437) were payable tts the fund at the balance sheet dale and are included in creditors.
23.
Related party transactions
The Charty has not èntered into any related party transaction during the year, nor are there any
outstanding balances owing behyeen related parties and the Charity at 31 March 2022.
Page 33