LEVENSHULME Yolml PROJECT FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST IAARCH 2024 REGISTERED CHARtTY NO 1175Q93 COMPANY NO. CE011561
LEVENSHULME YOUTH PROJECT FOR THE YEAR ENDED 31ST MARCH 2024 IMDEX PAGE Trustees Annual Report Independent Examinerfs Report Statement of Flnanci81 Aclivilies 10 Stalèmant of Cash Flows 11 8818nce Sh881 12-19 Notes to the Accounts
LEVENSHULME YOUTH PROJECT Report of the trustees for the Year Ended 31 March 2024 The trustees present their annual report and financial statements of the charlty for the year ended 31 March 2024. The financial statements have been prepared in accordance with the accounting policies Set out in note I to the accounts and comply with the charitvs trust deed, the Charities Att 2011 and Accounting and Reporting by Charities: Statement of Recommended Prattice applicable to charities preparing their account5 in accordance with the Financial Reporting Standard Applicable in the UK and Republic of Ireland published IFRS 1021 leffective l January 20191. Reference and admlnlstratlve Informatlon Charity Name: Levenshulme Youth Project Charity Number- 1175093 Charity Incorporated Organisation Number: CE011561 Trustees Hannah Peake Ichair Paulina Janicka-Peachey (Treasurer) Ffion Evans {Secretaryl Clara Leeming {appointed November 2023, resigned 30 June 2024) Laurie Warburg lappointed November 20231 Euan Davies (appointed November 20231 Mohamed Rashed (appointed November 20231 Samah Rashed lappointed November 2023. resigned October 20241 TH Prlncipal Office 39 Milwain Road Burnage. Manchester M19 2PX Independent Examlners Community Accountancy Service Limited The Grange, Pilgrim Drive Beswltk, Manchester MII 3TQ Banker5 Banco Santander 712-716 Wilmslow Road Manchester M20 6DQ Objectives and actlvltles The purposes of the charity are: To act as a resource for children and young people up to the age of 25 Ilvlng in Leven5hulme and the neighbouring areas by providin8 information, advlce, support and delivering activities as a means of: SupportinE voung people to develop their skills. capacities and capabllities to enable them to partlclpate in society a5 independent and responsible individuals; Advancing personal, soclal, emotional, political and developmental education, Raising aspirations, Providing recreational and leisure time artivity in the interests of social welfare for children and young people who have need by re050n of their youth, status, ethnicity. ability, poverty or social and economic circumstances with a view to increasing their achievement of posltlve outcomes.
LEVENSHULME YOUTH PROJECT Encouraging self-respect, respect for others and the environment. The trustees confirm that they have referred to the Charity Commission'5 guidance on public benefit when reviewing the Charity's aims and objectives, in planning future activities, and setting the policies for the year. The charity furthers it5 charitable purposes for the public benefit through the activities outlined under the objectives and activities section. A review of our achievements and performance.. How our activities delivered public benefit During the year to 31 March 2024, the charity I'LYP") contacted and engaged with 253 children and young people across play and youth work sessions. LYP met its aim of reaching a diverse range of young people from Levenshulme and the surrounding area (participants were primarily from the areas of Longsight, Levenshulme, Gorton and Burnagel and engaging them in meaningful activities through 3 variety of opportunities to interact with each other, LYP staff and the wider community. As in previou5 years. LYP continued to offer a wide and varied programme, through regular weekly groLJPS, school holiday provision and trips and events. The programme created opportunities for young people to learn, live a healthier, more active life, meet new people, make new friends and, of course, have fun. The young people LYP work with have always expressed how important LYP is in their lives and it has been a privilege to hear about the skills they have learned and the confidence they have gained through participation in LYP. The staff team had another busy and fulfilling year working with LYP'S partner agencie5 to deliver a dynamic 3nd responsive programme and support young people. Youth Forum Mondays 4.'00- 6:00pm Arcadia One of main ioles of the LYP Yourh Forum is to ensLire that young peoplc are engaged in decision making processes, particularly around issues whicli affect them as individuals or the community in which they live. Foriim members have eiig3ged in discLJssions on Palestine, focusing on its history, geopolitical conflicts, human rights, the 15raeli-Palestinian conflict, and potential boycotts. They also met the Head ol Youth and play Service5 to discus5 thc role LYP plays in the comniuiiity. They have been ice skating, to a Manchester City's Women's football match and participated in boxing training. They liave 81so spent a considerable amount of time developing their leadership skills. Detached Youth Work- Tuesday 4..00- 6..00pm LYP ackftowledgos that soine ol the Most hard-to-reach yOLJng people struggle to engage with structured activitie5. To meet their needs, our youth workers and volunteer5 connect with them directly in local 5treetS and parks. We offer support through information and advice, develop initiatives where they are, or encourage participation in existing programs, Key themes during these outreach sessions included: raising the profile of our work, community cohesion, cliallenges related to School. Club 95= 4..30- 6:00pm Wednesday Northmoor Community Centre LYP recognises tho role of self-directed play in child devclopiiient cind children's rights. At Club 95, in addition to popular team games, dramz, and sport5, we ve 5uccess*ully delivered art5 and crafts projects, including Roma-Asian relationship initiatives, visits lo 42nd Street, upcycling projects, and music collaborations with local musicians. We also organi5ed School break events to enga%e young people in
LEVENSHULME YOUTH PROJECT P051tive activities, focusing on key themes such as diversity, mental health, and respect, creating an inclusive and supportive environmont. Girls and Young Women Project- 4:30 - 6:00pm Thufsday Levenshulme Inspire Centre This regular session eiigagci young woiiieii .Ib?L,d .1 1-17, ,Icldi-QSSlllLI lJSLieu tl)at allL'ct them in a fur) and interactive Inanner. Participants activoly contribute to plaiiiiing sessions arid 5uggcsl iopics for discussion and exploration, which have included healthy relationships, cominunity event organizing, producing a mental hoalth help bookllal, coinmunity mcals, volunloering at our school holiday activity sessions, cinema trip5, and women-only swirti sessions. Thi5 collaborcitive approach erT)powers youiig women and fosters a supportive cotnmunilv. 13+ 'Drop in, Fridays 6:00- 8..00pm Arcadia Library and Leisure Centre The 13+ Club oiiiis to provide a salo arid i)ositlVQ SPclCC lor young people to meet fi'iends, enjoy activities and games, and connect witli our youth workers. This provision allows our team to build positive relationships with local youth, hclping u5 understiiiid their needs ,Ind siipport ihom in various aspects of their lives. Participants can engaee in sports activities rind a raiigc of learning opporrunities desianed to enhaiice their knowledee and develop personal arid social skills. Projocts durii)g ilio year included niusic-making. black hair care, podcasting, menl<il ho<ilth and Iliere l)ave been trip5 to tlie cinema and laser quest, as well as one-on- one support. Young people (ire regularly consulted oli what they would liko to SQQ ¢)t th@ drop-in e<icli week aiid this has resLJlted in tlie development ol junioi. gym sessi01is, swilmmiiig sessions at the Arcadia pool and the choice of trips tli3t we do. Holiday provision (Holiday Activities Fund) Tlie L YP HAF progranis provide yoiirig poople witli more than just <1 safe space during scliool holidays,, they addi'e55 food insecurity and proniole healiiiy living, Each session ncludes a free, nutritious breakfast (ind lunch. ensiirinp participants have access to b¢il<incod Inea15 when scliool- provided options aro un<ivailable. Iii ridditioii to iiieals, we offer enEclEing activities that encourage healthy lileslyles, such a5 physical fitness sessions, nutrition workshops, and creative activities to promote mental well-being, This initiative fosters physical health, builds social skills, resilience, and cultivates positive habits that extend beyond the l)oliday period. Whilst the fund is primarilv aimed at children who c)cces5 free school meals, l.YP'5 progran) is opel) to ¢ind iiicluded support for other children and young people facing hardsl)ip as tlie Pr'oject's leaders recognizp rhis is important lor a geographical area impacted by high levels ol economic disadvantage, obesity and deprivation. Community Celebration Event - Mental Health Awareness During the yoar, the LYP girls group c uccesslully orLJ¢illi5od a community celebration event focused on wellbeing and mental health, attracting approximately 100 attendees. The event featured workshop5. guest speakers from 42" Street, and resource booths, promoting awareness and open discussions about mental health. Participant5 expressecj Eratitude lor the support and information provided, highlighting the event's positive impact on the community. This initiative demonstrated the leadersl)ip and organizational skills of young people and what they can 3chieve with support. Education Visits and Trips During the year, LYP organised trips to a variety of attractions and parks throughout Manchester, including Aviva Studios, Whitworih Art Gallery, The Football Museum, Etihad Stadium, Vue Cinem8, Museum of Science & Industry, ice skating, laser quest and meals ai local restaurants.
LEVENSHULME YOUTH PROJECT *1 Examples of ourwork Helping Young People Understand the Gaza Conflict". Media Skills and Support During a youth session, some of the young people expressed confusion and concern about the war in Gaza due to conflicting information on social media and the news. They lacked understanding of the history and context. leading to 5tre55. The goal was to provide clear. balanced information to help them better understand the conflict and reduce misinformation. By doing so, we created a safe space where young people could di5CUS5 and learn about the war. The session included trusted news sources, a brief history of the conflict, group discussions to encourage critical thinking, and media literacy skills to help them evaluate
LEVENSHiILME YOLITh PROJEcr news reliability and avoid spreading misinformation. The session led to a better understanding of the conflict. increased confidence in discussing the issue. and reduced anxiety. This approach a150 highlighted the importance of media literary and creating supportNe spaces for young people to process complex global issues. Bulldln8 Confidence: A Young Person's Journey to Leadershlp A young person. recently arrived in the UK. faced confidence issues and culturalllanguage barriers. The goal was to help them transition from a session participant to a young leader. buildlng their confidence and communication skills. To that end, we conducted an informal a55e55rnent to identify their strengths and collaboratively set achievable goals. Confidence-buildin8 activities included peer mentorln& small 8roup dlscusslons, and family engagement to break down cultural barriers. The young person also began fa¢llitatin8 Ice-breakers and developed activities they wanted to lead. with staff support. The young person gained onfidence. improved communication, and began actively contributing to sessions. They formed stronger relationships with peers and the community, helping to break down cultural barriers and foster Inclusivity. Key Partnershlps A6 Partnershlp Last year was the sixth year of The A6 Partnership. the partnership comprising M13 Youth Project. as lead partner, LYP and Anson Cabin Project, which has dellvered play and youth work with Manchester Clty Councll fundlng throughout the year. M13 and Anson Cabln are well established In thelr respective communities and have a lon8 hlstory. LYP trustees and stsff have valued the support and advice they have been 8lven and have sought to embed systems and process whlch mirror these successful projects and are proud to work alongside them. 42nd Streel LYP'S partnershlp with 42 Street continued throughout the year on various projects. This involved the young ambassadors leadin8 on mental health and well-being sessions with young people who attend play sesslons. This led to the development of a well-being measurement tool that was used at LYP'S surnmer HAF sessions. Ar¢adSa LYP continues to be a key player in helping to resolve 'anti-social' behaviour issues at Arcadia. Our input, working in partnership with Arcadia and Manchester Libraries, has involved delivering a programme of detached work to help improve relationships with Arcadia staff and young people. We have also engaged local PCSOS and ASBAT team in our thinking. Levenshulme Insplre Centre LYP pleased to work alongside Inspire and both or8anisations are aiming to work together more In the future. Discussions have taken place regardlng future opportunitie5 and joint funding blds. Groundwork Trust Groundwork Trust has delivered accredited training to our girls, group for them become Climate Change Ambassadors. LYP has worked in partnership with Groundwork Trust to maintain the planters in Greenbank Park. Local Venues LYP runs its activities from various community buildings around Levenshulme, Including Arcadia Library and Leisure, Levenshulme Inspire and Northmoor Community Centre. LYP has developed good, long-term relationships Wlth the orgènisations and people operating these venues and they are all supportive of the work LYP does for young people in the community.
LEVENSHULME YOUTH PROJEcr Flnanclal revlew Total Income for the period was £113,533 and totsl expenditure was £90,963 leaving a surplus of £22,570 12023 deficit of £2,189). ReseNes at the end of the period were £51.312 of which £18,396 were restrlcted reserves. lrniestment powers and polkv The trustees, having regard to the liquidity requlrements of operating the charlty, will seek to keep excess available funds in an interest-bearing deposit account, when reseThes permit. Resebves pollcy and golng concern The balance held In unrestricted reseThes at 31" March 2024 was £32,916 of which £32,258 is free reserves after allowing for fixed assets. The trustees aim to establish free reserves in unrestrirted funds at a level that equates to approximately three months of unrestrirted charitable expenditure. The trustees consider that this level would provide sufficient funds to respond to gaps in funding and ensure that support and 80vernance costs are covered. The Charity's maln source of income is grants. The Trustees consider that It is approprlate to prepare the accounts on a 80ing concern basis and, consequently. the accounts do not include any adjustments that would be necessary If these sources of income should cease. Rlsk m•na8ement The trustees have condurted a revlew of the malor rlsks to which the charltyls exposed and systems have been established to mitigate those risks. Plans for Future Perfods LYP will continue to seek and attract fundlng in order to be able to 8row the team and enable It to be In the best positlon to respond to the needs of children and young people in the community. LYP hopes to reach even more children and young people through Its work, whilst remainlng focused on en8a8in8 and consulting Wlth them on all aspects of its delivery and designlng programmes in partnership wlth them. The trustees believe this approach allows children and young people to build their capaclty and develop skllls for Ilfe. learning and work so that they are able to meet any future challenges they may face. LYP wlll contlnue to develop and maintain effertive strateglc partnershlps that 11 help it meet the needs of the children and youn8 people it works with. LYP is committed to engaging and consulting young people on all aspects of its youth work. By designlng programmes in partnership with thern, we aim to equip young people with the skills they need for Ilfe. learning, and work. preparing them to face futu challenges. The youn8 people who have led on th15 work have been deslgnated as Young Advisers to the charity. During the coming year LYP intends to become an increasingly 'youth-led' project. empowering Your people to take an active role by helping to Identlfy issues and developing solutions. It will also involve collaborating on planning and implementation of initiatives that reflect their interests and needs, fosterin8 leadership skills and personal growth. Recent projects have focused on mental health awareness and community engagement. This approach not only amplifies youth volces but also gwes them a greater sense of ownership of LYP. Using fundlng from Young Manchester. during the year the LYP trustees and manager. along wlth the trustees and managers of the other A6 Partnership organi5ations, began an infrastructure review with the assistance of an external consultant and this will continue over the next 12 months. He is tasked to review and advise on the projecys governance. policies and ProdureS with a view to implementing
LEVENSHULME YOUTH PROJEcr changes to make the projeet more robust for the future. The trustees are also looking to recruit new trustees and to explore the increased involvement of LYP'S Young Advisers in the governance of LYP. Structure. governance and management The Charity is a registered charitable incorporated organisatior) and is constituted under a trust deed and registered on Il" October 2017. Appointment of trustees New trustees are appointed by a resolution passed at a Properly convened meeting of the serving trustees and serve for two yearls after which they may put themselves forward for re-appointment. The Trust Deed provides for a minimum of three trustees with no more than twelve trustees due for re-appointment in any oneyear. At the quarterly trustee meetings. the trustees agree the broad strategy ar)d are35 of activity for the Charitv, including investment, reserves and risk management policies and performance. The day-to-dav administration of the Charity is delegated to the Project Manager. Trustee induction and training The Trustees sought guidance from the Charity Commission resources. New trustee5 are inducted into the organisation, sent regular update emails from local and national organi5ations and are directed to relevant websites and information. Trustees responsibilities in relation to the financial ststements The charity trustees are responsible for preparing a trustees. annual report and financial statements in accordance with applicable law and United Kingdom Accounting 5tandard5 Iunited Kingdom Generally Accepted Accounting Practice). The law applic3ble to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing the financial statements, the trustee$ are required to= Select suitable accounting principles and then apply them consistently,. Observe the method5 and principles in the applicable Charities SORP- Make judgments and estimates that are reasonable and prudent.. State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statement5.' Prepare the financial statements on a going concern basis unless it is appropriate to presume that the charity will continue in business. The trustees are responsible foi keeping proper accounting records that disclose with reasonable accuracy at any time the financial p051tion of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. the applicable Charities (Accounts and Reports) Regulations. and the provision of the Trust deed. They are also responsible for safeguarding the asset5 of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved bv hetr tees on 29" September 2024 and signed on their behalf by= Hannah Peake Chair
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF LEVENSHULME YOUTH PROJEcr REGISTERED CHARITY NO. 1175093 I re)rt on the accounts of ihe charity. for ihe Year Ended i l March 2024 which are set out on pages 9 to 19. Respeetive Responsibilities of Trustees and Examiner The charity's trustees are reswnsible for the preparation of the accounts. The charity trustees consider that an audit is not required forthis year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independenl examination is needed. The charity is preparing accrued accounts and l am qualified to undertake the examinalion by beingw a qualified member of the Institute of Chartered Accounlants in England and Wales. It is my responsibility lo.. examine the accounts linder seclion 145 ofihe ?01 l Act: follow ihe procedures laid doNvn in the general Directions given by the Charity Commission under section 145(b) of the 2011 Acl: and state whether particular matters have come to my attention. Basis of Independent Examiners Report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination include5 a review ofthe accounting records kept by the charity and a Comparison of the accounts presented wilh those records. It also includes consideration of any unusual items OT dis¢105Us in the accounts. and seeking explanations from you as trustees onceming any such matters. The procedures underthken do not provide all the evidence that would be required in an audit, and consequently no opinion is gFiven as to whether the accounts present a'true and fair view and the rewrt is limited io those matters sei oul in the statement below. Independent Examiner's Statement In connection with my examinaiion. no matter has com¢ to my attention: { l ) which gives me reasonable cause lo believe thal in any material respect the requirements: lo keep accounting records have in accordance wilh section 130 of ihe 2011 Act" and to prepare accounis which accord Viith ihe accounlirsg records and to comply with the accounting requirements of the ?01 l Act. have not been met. or (2) to which, in my opinion. altention should be drawn in order to enable a proper understanding of the accounls to be reached. Signed: .. E.L. Anderson Dale: 29, September 2024 Community Accounlancy Service Ltd The Grange. Pilgrim Drive. Beswick. Manchester. M l 13TQ
LEVENSHVLME YOUTh PROJECT STATEMENT OF FINAMCIAL ACTMTIES FOR THE YEAR ENDED 31 MARCH 2024 (indLwJing & eypwditure a11) Yèar Ended 31.03.24 Total Funds Year Ended 31.03.23 Tolal Funds UArestrthJ Reslrictgd Funds Funds INCOME FROM: Donations Ch31i¢obl¢ Income In¢ome from Trading Athvilies Other Income TOTAL EXPENDITVRE ON: 198 112.725 147 65.257 (21 (3} 17,910 94.815 10 18.718 10 113.533 94.815 65.404 Ch•ritsbl• tI¥ll1•s (41 18.542) 182.4211 {W,9631 167,5931 TOTAL NET INCOMING IOUTGOINGI RESOURCES FOR THE YEAR 8.542 82.421 67.593 10,176 12.Ya4 22.570 12,189) Transferd b8iwe¢n fund$ (141 R•concllknllon ot Fund• Total Funds Brought Forward Total Fd$ Catried FoaId 22,740 32.91 6.2 28,742 1.31 30,931 (141 The statwnoni of financial aclrylls inchjdes all gains ond108808 kn thè year. All 1K(Ing resourcey and fgsources expended derive from cwtinuing 8*bryl6è8. The notss on pages 12 to 191orni pgrt ofthese ara>unb.
LEVENSHULME YOUTH PROJECT BALANCE SHEET AS AT 31 MARCH 2024 10 2024 2023 Noles FIXED ASSETS Tangible Fixe(J Assets 19 1.442 607 CURRENT ASSETS Debtois Cash at Bank and in hand 178 51.560 51.738 369 54,418 54,787 LIABILITIES.. Amounts falling due lttin one year {121 11.8681 26,6521 NET CURRENT ASSETS NET ASSETS 49,870 51.312 28,135 28,742 ACCUMULATED FUNDS Unre5trictad Raslri¢led 1141 1141 32,916 18,396 51,312 22.740 6.002 28.742 Approved on bghall of the Trustees Chaif Hannah Peake Treasurer Paulina Janicka-Pea¢hey Dale.. 29th Seplember 2024 The notes on pages 12 10 19 form parf ol the$e a¢¢ounls.
LEVENSHULME YOUTH PROJECT STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31ST MARCH 21124 11 RKonclliation of not movom•nt In fvnds to not rAsh flow from operntlng a¢lfviti 2024 2023 Nel movement in funds Add back depr8Gialion Dre¥Sel(lncre3S&I in slock Decre8$ellin¢raasel in debtors lncreasel1d8cas9l in creditors 22,570 873 (2,1891 1.123 254 9,173 20,820 191 124.7841 Met u•h uB•d In oper•tlng actlvltl•• 1.150 29,181 Cash flows from Invesknont •¢tlvltlw: PuT¢has8 of fixed as8818 11,708) 19111 Net cAsh provlded by Inv••tlng a¢tlvltl•• {1.7081 1911 In?9$elId&Cr98Se in cash and cash gquivolenls durtng th8 year Cash and cath equivalents brought IoM8rd 12,8581 28.270 54,418 26.148 Ca•h and ¢••h •qulvl•rtts ¢rr19d torward 4.418
LEVENSHULME YOUTH PROJECT
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AIARCH 2024
12
1. ACCOUNTING POUCIES
lal B¥$ls of prepatation and ass¢ssm•nt of g0kn9 ¢one•rn
The a¢ts (financial stslements) have tmn prepared under ihe histl¢al cosl convention 1h
items recognis8d at $1 ¢y transaction value unless olhemise stated in the relevant notes to these
))unts. The financial statements have been rwared in ac¢rdan¢e wilh the Statwnent of
Recommended Pr4¢tice'. Accounting and ReFwNbng by Charitss prewny thr accounts in
accordance wth the Finanaal Reporting Standard aFvlrable in the UK and Rewblk of Ireland
{FRS 1021 issued January 2019 and the Financial Reng standa aKats1e in the Unitod
Kingdom and Republ ol Ireland IFRS 102) and Ihe Charl1 Ad 2011.
The tharity ¢onslitules a public benefit ts"ty as d8red by FRS 102.
The truste8$ consider that there are MaIla1 Ihe Clty$ abllty ¢Ml6nue
88 a going con¢¢m.
Ibl Funds stru¢rI
Restricted tur8 are lund$ are lo be used bn accordar vAth spwfic r88trictions imposed by
the donor or Iwst deed. Tre are 9 restricted funds al ygar end.
Unrestricted income lunds comprise those funds vthi¢h th& truslees are free lo use for any purpose in
furtherance ol the ¢harilable obpcts. Unrestricled funds ide designated lunos the truslees,
at th8lr disuelion have cTrated a fund lor a spe(yfic puw.
Further d&talls ol each fund are dis¢losed In nol& 14.
Icl In¢om• rn¢ognltlon
All income is rewniséd Or the (ity h8$ énlil1onI to Income, tt18 wthbbe that the
Ineome w511 bè réceived and thè amnI ol i1me receivable can be measu reliab.
Dmab'ons 8rn re¢ognised when the chawty hès been notsfied ) *Yib"n9 01 r)oth the amount and
8ettlement date. In ihe event thal a donali(M is subject lo condiiions that require a level of p8rforrn4ncè
belore the d)arity is tIlled thè lunds. Ihe income is delwTed and rt recognised uniil either those
condillons are fulty mel. or the fulfilment ol Ihose conditions is vtholly wthin the contrd of the
arily and11 is probable Ihal those condilions wll te luifille
LEVENSHULME YOUTH PROJECT NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 13 111 Tangible fixed ets and deO¢{atiOn Fixe(J assets are induded in the acxounts ai net value. Additions of a single rteffl or a group of similar assets exceeding £500, are liSed at cost Ivaluatson for donated ass8ts1. Dweciation is wo¥ided lo write off Ihe c05t estimad residual vJue of tangiL4e fwj assels over thdr estimated useful lives 85 foll¢yAs:_ 33.33% on cost ljl Credltors and Provislons Cr9ditors and provisions are reccJni5ed Whe Ihe thwty ha$ a present oNallOn resulling a past event Ihal wll probably sU11 in the transfer ol funds to a third party and the amount due to settle the obligation can be measured or eslimaled relTrably. Credrtors and provisions are normalty reo)gnised at their settlement amount after all0¥n9 for any Irède discounts due. {k) Taxatlon Th¢ ¢yganisatJn is exernpl frMI incon tax by reason of ts ¢harilable status. Ir>)me tsx suffered Investsnent irKome is in hdl. Charity is not crrentlY registered for VAT. 111 PenBion$ The charity FrenUY administets n7)UtionS lo an aulo enroknenl pension s¢eme on behaw of individuals. The d)arity has no liatilty beyond makry tts contsibutions and paying across the dedudions for Ihe contribuiKffls. Iml CoDtlngent Ilablllti A contingeni Irabilty is identrfd and disc)sed for those transarAhS resulting from a ptissible obligalvjn which wll only be u)nfimied by the CUrre of ot more utKertain fvlure events nol wFhJlly wilhin the truslees. control. INCOME FROM CHARITABLE ACTMTIES ulwe5trk Restri¢ted Funds Funds Totsi 2024 M13 Youlh Pmied Pather Grnn¢s.' Manchester City Courril HAF Easler Manchester Cty CouncAI HAF Summer MCC Youlh & Play MCC Y&P CEIP Covid Recovery Fund Young Manchester Menlal Health & Wel Levenshulme Inspire Fourbdation CEIP Grealwsport UK Youth UK Youth Cost of tiving MACC Sixrit of Mathr Albert Hunt We Love Mcr GM Cost of Living 13,646 31.866 13.646 31,866 3,744 19,074 3,140 3.744 19.074 3.140 9.210 7,7(KJ 9,210 7,7 650 3,889 94.815 650 3,889 17,910 Premous Year UnrE5trthd RestrKted Funds Funds Totsl 2023 M13 Youth PW Partner Grnnls." Manchester Cty Couneil HAF Easter Manchestgr Cty Cryjnal HAF May Manchester City Councal HAF Summer MCC Youth 8 Play UK Ytsjlh GM Groun¢)Hork GPA Cost of LivirMJ 3.847 3,847 12.188 12.188 36.400 8,373 8.373 1.111 1.111 65,2S7 8.373
LEVENSHULME YOUTH PROJECT NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 Uftrestrtcted Restrl¢tsd Funt19 Fundy 14 Total 2024 Total 2023 INCOME FROM TRADING ACTIVITIES Engagement & PartirApalion Work eoo EXPEMDITIJRE ON CHARITABLE ACTNITIES Unrestdcied Rogtrl¢¢&d Funds Fund8 Totsl 2024 Empknyment Costs DBS Checks Staff Tralnlng Unllomi Hospltalily Volunteer Travel & Expenses Staff Tr8v81 & Subsi8tence Actlvllles Costs & Mal¢rl81s Publicity EnIS Room Hire Support Cost8 Govemance Costs 4,488 56,280 76 80.768 76 369 250 250 145 1,829 733 15.862 173 807 4,754 1,959 830 ,42 878 17,891 173 607 4.189 3.985 830 15051 2.026 Unre•lrtcled Funrjs Reilrlctgd Funtt6 Total 2023 Pr•viou$ Y•ar Employrnenl Costs Hospllallly Youlh Tralnlng Volunt( Travel & Expen8a$ Staff Travel & Subsisl8nc8 Acllvilles Co818 & M•leria18 Publicity Events Room Hir• Support Costs Govemance Costs 3.496 44,012 129 14 521 552 12.677 190 823 588 3.111 6S2 87 47,508 129 14 521 552 13,243 216 623 325 113 4.526 3,436 785 ALLOCATION OF GOVERNAIICE AND SUPPORT COSTS Gengral Sypport Gov•m•nc• Totsl 2024 Basis of Apportlonmenl Premlges Cosli: Insurance Printing, StBllonery & Po$lag¢ Tel¢ph¢)ne & Broadband Minor Equipment & Sofvare AGM Cost$ Trustee Expenses Deprec4alion Book-keeping . Admln & Payroll Accounlgncy FacilitS Uxd FacWNgs Used 410 112 162 457 410 112 162 457 182 48 873 1.971 600 4,815 182 873 1.971 85 830
LevENSHVLME YOUTH PROJECT NOTES TO THE ACCOUNTS FOR THE YEAR EMDED 31 AIARCH 2024 16 ALLOCATION OF SUPPORT AND GOVERNANCE COSTS ¢onl... General Supwl G¢)vemance Previous Year Total 2023 Premises Cost8: Insurance Ptinbng. Stat)nery & Postsge Telephone & Broadband Mlnor Equipment 8 Sollware AGM Costs Trustee Expen8t8 Depwalion Book-keeping , Admkn 8 Payroll Accountan Bank Charges 343 343 62 147 258 172 17 1,123 1,498 576 Fath5 Us&J 147 258 ln 17 1.123 1.498 S76 01 6 STAFF COSTS No employee eamed £60.orJ) per or mtye. The charity considers its key manag8ment personnel eomwses the manogef and Iwslee8. Twst80s have not been paid during lh8 year. Kty managenwnl cosls indudin9 pensitin B £30.163, 12023 £27.5661. The ¢harity employed 11 peoplè during the year. vthh an average of 8.. 2024 2023 The avw•ge number of ¢m0Yea$. expressed 8s lull kn equivalgnls vas.. S•r41c8 Sl•ff Cosl8.' Wages and Salgrfes Pension Costs Serfial Socudty Cog18 58,489 2,279 45,405 2.103 47.508 7 INDEPENDEMT exAMINER FEES 2024 2023 Independent •xaminaliw fees 576 576 8 TRUSTEES. REMUNERATION AND EXPENSES No remunerali¢)n direth or indiiecty oul of the funds ol the dwrity was paid or payabl•, during the period, lo afty truslee or lo any persons knryvn to be connected wlh any of them. No reimbur8em¢nt ol expenses has been made is due lo be m•Je to any of Ihe tru5t88S in respecl of the per.
LEVENSHULME YOUTH PROJECT NOTE8 TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 16 9 TANGIBLE FIXED ASSETS Computer & Audio Equipment Total COST At 1st Aprll 2023 Addibon$ At 31 March 2024 5,4C#) 1.708 7.108 5.400 1,708 7,108 DEPRECIATION At 1st April 2023 Chafge for Year Al 31 March 2024 4,793 873 5.666 4.793 873 NET BOOK VALUE Al 31 Mard) 2024 Al 31 March 2023 1,442 1,442 10 CAPITAL COMM1Th1ENTS 2024 £nil 2023 £nll ConlraGted for bul not provi(18fl 11 DEBTORS Olh8r Dèbtoro Pr•paymenls 21 1S7 21 348 Ré$tricled Unrestrfcted 73 105 17 348 21 12 LIABIUTIES: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Olhar Creditors Olher Tax86 & Social Securfly Costs Delerred Inme Amal8 397 433 339 293 24.613 1,407 26,652 1,038 Reslrlcted Unreslrfct8d 1,184 704 26,515 137 13 DEFERRED INCOME 00ferd incoffle comprises grant and secondmenl f&¢5 in advance Deferred gfanl income brought fomard Released during the ygar Deferred during the year Delorred Inme carrlei1 lomard 2Q24 2023 24,613 124,6131 24.e13 24,61
LEVENSHULME YOUTH PROJECT NOTES TO The Accouiifs FOR THE YEAR ENDED 31 MARCH 2024 17 14 PaoVEmEP IN FUNDS OF THE CHARtr Balance 1st Aprfl 2023 Trnnsler In¢omlDg of Funds Outgolng Balance 31 March 2024 M13 Youth pCts PartnerGffints." cty Counol HAF Easter MCT Cty Councal HAF Summ8r MCC Y&P CEIP MCC Y¢yth & Play COVKI Recovery Fund We Love Manchester Young man$$1¥ Mental H&WB Art Hunt Ywng Mcr. Adveniure Levenshulme Inspire Foundat C Young McT- Curious Minds Gr¢ersport GM Cost of Lmng Copitai M13 Youlh Proie¢l- MCC & Play 1.025 3.940 13.646 {4.9651 112,9231 14.8fj61 {31.8661 17491 16501 111.5491 1.513 31. 3.744 2,995 300 7.525 19.074 1.617 1,617 3.140 13.140) 1480) 17.520) 13,8691 Gater$port 6,CWJ2 94.815 182.421 Genwal Designated FuThI3•Employmerrt Contingency 14,891 7.849 18.718 13.318} 3.318 (8.542) 21,749 11,167 22,740 18,718 32.916 Totsl Funds 28.742 113.533 51, D•talb re 2024 fund$:. MCC Y&P CEIP We Love Manchester MCC Youth 8 Play Covid Recovery Fund - t¢x¥ards organi5ational Strtfft support costs Manchester City Counol HAF towards Easter & Summer and hatf lam) pYscheMes Young Manchester Mental H&W8 - ltyyards mental health aThJ wellbery activities Albert Hunl - twards youth activilies Young Mcr- Advenlure Icwards a residential trip for young people. Levenshulme Inspire FJai - ttr*rnrds youth sessions Gieatersport GM Cosl of Living Contrlbutlon towards: - try+vards youih session5 for gids - towards yweral work actNibes
LEVENSHULME YOUTH PROJECT NOTES TO THE ACCOVIITS FOR THE YEAR ENDED 31 MARCH 2024 18 14 IIOVEMENT IN FUNDS OF THE CHARITY ConL.. Previous Ye Balan¢• 1st Aprll 2022 Transfer of Fund$ Balantè 31 March 2023 IrnIng Outgoing I9> M13 Youlh Proig¢ts Partr Grnnls." cty Couwl HAF Easler M¢r City Counul HAF May Mcr City Council HAF Summer M13 Youth Project- MCC YoLth We Love Manchester Young Manchesler Young M¢r- KCYPS Young Mcr. Adventure Young Mcr- COSA Youn9 Mcr- Curious Mlnd$ GMP-Ari8 GM Cost of Lbving Cala1 M13 Youlh Prop¢l. MCC Yryjth 3,847 2.438 12.188 36.400 (2.822) (2.4381 112,8471 (35,7931 1,025 {60n 5,836 819 1.617 367 15,8361 18191 1.617 (36n 1,e63 11341 807 6.002 Unr•strkl•dFund8 Gener81 DIgnated FUnd5-EmoyrfnI 15.430 3.316 8.520 14,533) 4.533 14.5201 14.891 7,849 18.746 8.$20 4,526 22.740 Tol•lFund• 67.593 8.74 D•tsll• r• 2022 ftsnd•:. Grounthvork We Love M8nthg$ter Young Manchester Young Mcr- KCYPS Young Mcr- Playscheme Young M¢r- Adventu Young Mcr. COSA Young Mcr- Curious Minds GMP Ans Contrlbutlon towanl•: - towards a youth a¢th¢ies wogrmm• - I¢y4V8rd8 98neral yoth woth aGtiviiEs - general youth yk 8Ctivili&s Iowdrds filmiTh3 & phologiaFlii¢ ¢quien1. This fund Is fvlty spgnl. towards Easter 8 Summer aY$ceMes towards a re%dential If4P fLV young peop. towards salary & activity costs Icily of Sc¢ial A¢*on proheca) towafds salary & activity costs ltrairmng & de¥8lopnwnll ltyrdS equipment cosls
LEVENSHULME YOUTH PROJECT 19 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 IAARCH 2024 15 ANALYSIS OF MET ASSETS BETWEEN FUNDS Funds Total 2024 Tangitjle fixed assets Cash at bank and in harvj Other nel current assets Ilia11"e$) 1,442 51.560 {1.690) 51.312 32.961 (703) 32,916 18.YJ9 18.396 unsIred Restricted Funds Funds Prewous Year Tolal 2023 Tangible fixed assets Cash al bank and in hand Other net rrent assets {liabilitiesl 21,608 1.132 22.740 32.810 7.4151 6,Q)2 54.418 26,263 28,742 16 GOING CONCERN The chariVs main sowce of inccme is grant fu11j. The tmslees cnnsider, having regard lo the cash flow for 24rds that it is appropriale to prepare the ao>)unls on a gtiing cOnM basis and. nsequèntty the acexmjnts do not ije any adj'ustments that wrwjd be rcesw if the ti income sources should cease. 17 POST BALANCE SHEET EVEIITS The Tnjslees do r1 consider that there have Y events Sir the balan sheet date that Slgnificandy impact on the finanoal statements.