2024-03-31-accounts

Conwny no.. no". 113C9137 1179712 Empower Youth Zorns Ltd Trustee5' Report and f￿ancIal stsiemehis For theyear ended 31 Mar£h 2024 .4[￿TBRI9# 2811112024 COMPANIES HC￿E 111

17

EMPOWER HIDE OUT

Empower Youth Zone5 Ltd Trustees, Reptyt and fin•oal Stslefflents For the ¥tai ended 31 Matth 2024 CONfEiirs TRUSIEES. REPORT WIKIWEANE 2.1 Obigytsand arti¥itiE5 1.2 A(h1￿MentS durin8t￿periOd 2.3 Finaffltial r￿1v 2.4 RiskMarwemen¢ 2.$ PriKipal Fu￿Ing￿l¢e5a￿d 2.6 Resehspoliry 2.7 Investrnent Pdky 2.8 FuWrEP1￿%&￿j Rttomf 3.1 Roterente anddMih1str•ti¥e de￿1& 3.2 Srrucivre, ILwemancearK4manaBewrt 3.3 Volunteer5. contributhin 3.4 fvJblK benefit 3 5 Staternent 01T￿Slee$, reSMr￿1ti￿￿5 A114NOAisfAIEME1115 13 14 15 1121•St•thtkn•n¢l•l StslemENts 16

Empower Youth Zones Ltd Pa8e2 Trustee5' Report and Fthaty(ial Statements ImdudirStMe8ic Reffil For the yeav ended JI Maith 2014 The Twstees are also ￿rEctOrS for thè ￿rpOse Lrf Cwarry tawl have ￿easUre ih presentini veport ¥Dd the kn3rt1al staternents lor the year ended 31 IA¥th ))24. Tr Tius¢ees hkn ¥thpTed the Stat￿￿N of Ilecommended PractKe ISORPI "A(COuntlw Ch¥It￿ IFIS 1021 Inpr￿￿the#fin￿al rewtandfinancial stementsoltheCharity. I WIIOWEAftE Empower YoLh I￿¢ wares facdw for aTrJ 5rfs pewe aled 8- 19. up to 25 those With additional ￿¢￿$. The existlW'H1¢eO￿ Y¢yJrh is Ixated on Road ITr GNton. Man(hesw ¥AI ¢wed its d￿1Th ￿￿ember x$￿. As¢¢￿￿ vouth I(￿¢Perated by EmpDwerfjS+kntoown in ex￿20?5. Ernpuwer Youth Zones is part of a ￿rr￿L￿r ihara• 51wethe sarne wncWe5, d￿￿)p¢￿ ty tho charlty Onsde Youth Zones IReÉ No" I12W31. The Ytyjth Ztrt5 è safe whEre peo￿￿ un speTrJ their IthsLYe tlme, helpi each ¥oun8 person to iaise their aWM#Jns as well a5 ihE•r thKal and meotsi ￿31th. Up to 10 dilfereTrt ¥￿1 t3e p￿ce each Im￿1, kn¢lydin8fty)thall, ThAi4drTh andemF4ry4atra￿Ytra￿l&-•Ifof1￿￿5OP per7tstl isitstchlldrw •réY(Wn8 pelTr Mwthe5tevaTrJ Satsd x¢ in¥kndto W FeahTrty.hapw, sèts3￿$$￿¢¢eSth1 Ir•es Our mlsykn 15 to enslxe HhJeOL Ycojth lo￿ wr4ides s•fe to 80. to dD SOme￿et￿Sted totalkto. To real1sethis￿￿fi. F￿de0￿rtY￿thzone hasYwoxWtowards4stoieiK coals in 2013n&" I. YOL4G PEOAE. Pttyilethe ￿￿e$l￿W￿ty0IferlOralIC￿￿lTenafyj peL 2. OUR PEOnE. 8ecame3n olth•cefit)th stywahd p￿4711￿¥eMFtrffte5 3. SiISTAIIL4￿l1Tr. 5eothwhithk*s USIO bea￿￿5 arJ F4nwnfx1efiUyirtothefutwe 4. REpurATK1N.￿I¢3kemd¢rS H￿￿urs￿81thpXt1￿l5uC(e￿s

Empower Yotsth Zones Ltd PaEe3 Yrustees. Report ¥nO Fih•h¢i•l Statements{i￿VdIfil Str•teEic RepMI For the year ended 31 Marth 2024 2.1 ObJects4VA4 xtb Emrthyer Youth Zfft's charitalle obj'ects ¥e to hdp and resDJtnt in the CknES cf Manthesttr. 5•Word SLvrowndin8 areas rhrOu8h th￿r l¥sure iimE by pr¢MnwnA ¢heir fvll Phwral Vi¢w31 pwenr•l hi wdw t￿ they hw 8tow ¢0 matvritya5 lndiwdu?￿￿OoEt1Ie member5g1￿￿YIPQV((•diIws¢f bfe mJy#nkYrnE. 2013124th¢¢￿￿w$ maln a￿￿¥•￿￿$h#￿É￿. Securin8 plan￿ni pernlssion forthÈ nÈATSaWardY¢xrth d￿t￿o￿l in 202S. Start￿8th@￿￿￿mtn￿Qf S￿OrdyrArthz￿.tr￿knrqvOund inJarKw2024. Estsbli5hinia y￿rI Pe•￿e V￿e￿K￿￿tGrv￿1￿s0￿dy￿1h1l￿ wWhase￿￿theM￿d￿5I￿and create4 rWnwandb￿j fDrthEyourh th an¢ invcl¥ed Intr￿￿￿T￿and WW￿rd￿nOfth￿ voth XDE. parmpatein ￿￿elen￿aTrj dE¥eknptheir )% mom dEprhYdconwThJnw ￿ the UK 3$ per the IMDranknny175%areinthetup lO%I Prov￿￿n8 ¢n avera80 ow4O)meals perv&*tkwith3 totsl of1￿¢ o¥er ￿￿K03[r￿the>tyr. IciJ%ofttw n•Isve￿ wtyided at no ¢ost ltsi sorne ol¢vMc￿e¥U1wab￿(￿l&J￿tfi and youn8wpIE¢Jnfreexhwlmea& Sewriry over ICts)hoursc4corp)rateKknthefiw 51Wtyt. G¢oine out partnttslip orfw ye¥ ilh 25 bral ￿rtn￿5 a¢ltyS ThIU5L WL 5POrt5. emF4o¥meDi health. ThE5e parniersFwscontNiyeto ytyv¥d enhanceiheofterand ¢reefiffthErpathway5 Ftythl&￿na￿d FeopleattendinBihEYovth knE. FacilitstiDi 9 ¥veek5 of 5chDoI holiday P￿￿sIr￿ with ￿￿50 srafffand Wumeers 10 65 acth)11ts. 2461 were recorded ￿th o¥ef4LJXI hot meats pr￿idedthnrrfthe Scho￿ hc4Jayswprned wa %lc4day ArtNrty FuTrJ'Y￿ts. PirthdSn8 144 fwmal lrairAn6OPPOrtu(4t￿1OSta1ro￿j5thf4US kncknlin8a nvwK>Jers l?youTrz recer¥￿8 Ihwr ￿￿e dEnbw8h 22v￿￿ pe0pleconWetsn¢aurY￿n$ LeadersAward. 0stir4 t￿( third Patr¢￿5 Tlth ratrohs •rrtl 9Jr•Mers a1ffidi￿. The vrtnifp¢ vas ttyhpwv led ty ￿￿Th8 kxwe from t￿ho￿t, thecaiLYlw performarKe¥ttwr% keynote 5wakerset¢ 2.3 FInanc￿l re¥w FthorJ¢lolyJmffjory Aswnrnaryoftheresults s$hownbel￿w.' 2023 InrrynSw resLwrces Outw'w re5tyJr Ne¢i¢•me rtsourceslwtye ihwestmtntAs¥nd10sses) 2J76JM5 246,158 Intomè (oi tF >•t was EaW,4S5 {2023". £I665.8611. Aosirthd the CakM¥ fvojed for the >Yar toial £2.587.645. Patt¢ IrKomE lincluthty Gfft AW for ye3r tthlled E470J6S 12023". £7615921 £￿.[1X) 12023.. £2W.ItI)) rerei¥e¢ trom pkanthester O l kniar4Ys ¢n8thw MnnYustsofthethanty. [￿￿•￿the)￿at£ll).466l2Q23.. EI333821 wa5recerrfed hl the lorm off6￿￿5. Ewhditure for thE year in¢W5ed ro £L6C4AW11023.. £IA19.7(6K with £LIX3.251 IW.. E819,6691 bew4 spent This wa5 Still les$ thaDlheowi bud8erduetovJranue5. Attheend Of1heper￿ Urwestncted Re&e￿t￿ere￿fj6133712o13."£3ffi36XTAJ).

Empower Youth Zones Ltd Pa8E4 Trustees. Ropart and Fifiarscial siatements (h￿￿￿.￿£$11ate1•t koptytl Foi the year ettded 31 Maich 30Z4 2A The Tru5tee5 ha¥e coroklEred the m•Nw nsts tr th¢ is exwsed arAI e$1¥￿ gifable risk m•u8emenr •ThJ wntr•l prcYofd rty Crwncll forthetwin8 SUPPQrt to the Chanty. The rreCtO￿ so thank the f01b￿￿$ ind￿•15 IwsMsses htye ¥so pledied to gJop¢rt the rertnutr <hpai4n lih 20231241.. AF4SGroup, Paul G>Jel Te¢MOW.￿ P4phitsS FlKWMlati￿. 8rufbtw&)d. TheJD FoU[￿at￿n. Beyond Coryxknte3r theTNs Is ManchesterAwards, Steve Malone id famity, Robb Haf8iea¥es afvj fami￿f. fv ManchÈsttr. ÉrKWrht Ch•hi￿TA￿(ro¢¢ther Mor￿, AO Fouftthtson. 5SiOn Mais. HoulihaTh L￿ty, David M RO￿n5¢￿ Ltd, Le￿J￿$t. PeThelope ChÈShI￿ F￿fidat￿￿. Ohsxltr Foundatityi. Man[￿ster Ball. U￿rBr. Infleth. ATW Group, Raheem FwTrdaifjcffi, ￿ i¥hMis Charirawe TftisL Waterlahd, B•nk of New York JIL and Mr In¥eA•. ThE fvrK1tal51Tr5 priority this year has IocuSEd the income porttctho fty Hide￿ Youth Zone aThl ￿nchin$ the Fwhder Patrc campaign for Saword Youth Zone. To a senior PhilantW¥ Manaw and a Fundf•isin8 Manèov were recwiied. The chadrf5 Oirecror ol Funthallw and Cornmunkatpjns W0￿S doselywith th CEO and Chairtsf ZorLes to and m¢￿ItOr pertonnaKe re￿￿& to ths &)mpaw thrcoJÉh a Sub Ctynmittee. [m￿er ¥¢￿ Z¢nes ts wiSte￿d with thE Fyndoiho e8u1a1ty￿d{Offlp￿es ￿th1he FwdrniSiryCoth olPractice. Thecharitydoes ncrt Ltsetmrernal hfv)traW5aTrJthe￿ha¥etttn nocomkNsmletotr(h¥rtYab2ut itsfvndrèis￿me1￿$. lfj Rts•Thts Polky Thteoard ofTNsteESofÉrnwerYothkn5ha5 eStL￿a re5er¥e5pfvPich 4pwowlatelyrefiects￿r￿t0￿th￿h th¢Ch•rity exposed. The¢ury￿ appropfkresefye 1sdeternl¥￿ bycon5tyS¥kll'. The Cuiront PLIn￿d Èm￿￿￿Ufè as we 8r(vM to ha¥È 2 >wth wnE5 fuHy Irom 2025. The C￿￿ent annual ependiturE is cwca É2.3m set to NKre•se to £3.2rn wPeh Yoth Z4)ne eyns in 2025. T￿SteeS ¢M5idEr ttrot thE a¢vowate re5fftS should be in thp of a in tl rary DI l-1.$ •5. tl mrhEad5 i.e. £Yrn 10 £4.5m. IhL4 will create 8 levd of Ènduwment knd lh Could t inve5tod th 8ereMe arnwts d •iwal ffjCOrnE from ihe5e •rNutr￿nf PDrtfd￿5 to reduce relvance¢Jthshort.¢ermfvrKt￿￿wtr5. tur

Empower Youth Zones Ltd P4?5 Tius¢¢es' Report Financlal Slatemehts lindyth•tStrate¥x Rewtl FN iheyearended 31 Mar£h 2024 17 ImwtmEntPo4ry Vnder tho memor•ndum * ¥rKs ol ¢Porita¥e 14$ the p￿T to me any which the Trustee5 Ste frt. InvestmehtsarÈ mad w￿re[e9￿¥rEdt0fvrthPr treawaréotiecr50f trecharity. In 2023114 HeOUrYo￿h lyne ro W In￿5r]Dent portfdiQS t(rtliw £2.750,6SBh or￿A Oowmn Goldent￿ Finahtsal SeThKes PLC. The Charty h￿d5 3 investm￿t FtholA7sacro￿ both Mih Iwith GdthTrTrEel Jn& a5 at 3151 Mwch 2023 thevalue of theInve5tmentwas£2￿9j1fj. Goin8into2024125 isthefim•lye¥dtlOJrrtrtstr•￿kkn pU￿dI))22.2$1we￿ ciffitwMbEtowtowdsow4strawxobJ"ettr¥e5'. YOUNG PEOrtÉ. prth1det￿ W4w¥lityoflerfor4(hlLenaTrJyrrtKqF Wèwill-. 8uildor¢ur l) ofEthfftbw￿ and AQ4wi to¢thrrertifrare50fathvrn broTrzeand ￿￿o￿¥d5. Cthitinwto ddi¥eraiast 35 hwsofopen xcessunwsalkWO￿SW weeWy. Maihtain tr¥e 0120)j￿￿<￿[dewithan 019))wtektyvb •%va8eof113rnh8people ptrsessiw. Oelwer* ￿?51 gweeksof school holkYLMSpJndufirythelèyMthw)to so￿3¢¢$01￿d fretfovtl*)5e on FSM. C¢nDnueto W￿rk¥¥ith local wrtrierstom31Trtsin thteyated amdewawr¥offer. Build Oh our str•tE8K poyrK)nl￿h recard5 w ￿al p3rtw?and safezuafdireforums. Facilrtateat least 3ovemht wden¢l elkW￿ts1w￿nhy5. Ser0ry5and InthJ9ornrn2mivk C4JA PÉOPL&. Be¢¢mean ernrknerofITtsinir% 14anay. SVSTAIIIAIKITy.ACh￿•Q knwierm linanEial 5euKitywPathalrAvS ustobeaffltAtw•￿l F4¥thcwMenVyintothefvtLe rttNAhrtothetxulwffjFwdr•5inKtewn to i￿&Joel DJta1Ds¥￿sM•￿￿ thared ¥AthW￿7yrWJthZoTr￿. Esta￿th a 3.yearlncrmeler￿atiOrt strateTr. Maffltsih and 8rtywiheuYreDt patr￿ sLworteryw for b0￿Sa￿OrdandHn￿￿ti￿ Yolthknes. L3vKh ne¥J ¢orp¢tste8iii18 pr¢8rnm￿. CotibrMJÈw re￿ InveMmRN pcrtlokn tOens￿reWre5t￿aed ros0Th￿ar¢add￿ltyalue1nd are bekn8 kyOte¢￿a￿t￿t8￿1ffj Intsrest res. RecluitFfsèni￿ Finance Mafiaw thai wilotsee EnyywsfinarK￿ m•TraBwrtlurKtion5xrrfisbcrh5ite5. EPUTATION. All stakeholdersare aw￿ of HmleouesTr￿tsF 1TrVtands￿ess Wewill.. E5tabllshyoUth.￿dcornmuThIca1￿)￿s1r￿ Ma￿11r￿T•+Ith(erelfflttWypeO[l￿5 s￿￿Se$&aC1￿￿ernent$. Secure 1-2 ￿￿LIa c97po￿nItieseaChmtsnth. nd dElrder at th4bvut￿edCam￿Insthlte￿tÈt￿ttV(￿tÉs. Gm%Yfo1ltr￿r¥, lThtva¢ti¢ns•nd erp4a4effientsa¢r055￿ srKol metharkts￿sVl1tsrvted andAenUiccrffi￿n￿3tb?Tr gmpaiAn& Secure¢5Award n￿￿nat￿n$. ORO YOLITrI ZONE H05r8r0undbrea￿￿￿drS¢ k#JkwrtrrtsthkystskePthaMI Practical comoerw by1￿endo1Awil lo￿. Crpale ye4r.r0yndop￿Yrtun1t1e5IQrlheYo￿ry Pe￿,5de¥elwnentY0uptOinff￿ •ftdshape deOs•￿￿￿￿￿t￿tO1a¢￿tles desi￿. vecrufftheTht.fundTriyw and wtnersen(38efflent. B￿ld on existiniand d￿0Pn@wkey￿￿tM)rtthip5￿11h V(S. Prf4bcarwJ T￿l￿Se(￿rP￿rtTru5¥Erf￿$saffQr4. Secure20 new patrons tyAwl 2025.

Emp¢)wer Youth Zoftes Ltd Be6 Ywsteos. Report aThd ￿tta￿tIal StstEmtnt5 ljnclu¢fineStreelt Report) For ihe year ended 31 Marth 2014 3 GOVEAIIANCE 3.1 Reltren¢•d •thanlstr•¥¥tthWIJ Empower Yoth Zanes %v¥s IncL¥POrnted rn 13 al18 It￿￿￿ nuDthr. Il>J¥l371 a5 a lin￿e0 by ¥1rnntee and reg15tered a5a ch¥ltyc￿ 29Au8u5t 2018 (Charity iewstrdtw w1n￿r.. 11797111. EmpowerYtyJth Zones HideOIrtYouthZone Salffordyouthzo l ¢JJeen'5AveNe Ma￿heSt￿l M12 5PX Tho thiÉtt0tsarKITr￿t¢eso1thÉ ChArftythOsoY¥ddw￿th￿￿¢fIC￿ldTAf". J Whittsker P Kiistsnek T Pepp J Masra P Medlica V•¢add￿k JAtk15 A Famcker Auditor MichaelGairett FCA Xein3dinAudit ￿mIe0 Bart¥r¢41iSqvare Manchester M230D Handelsbafiken MaDchESterSwnninrfth Br%￿h 4th Floor, 151knSlfftt ManchEMer M3 3HN Barcla lthwchS11 PIKe t14 5HP

Empower Youth Zones Ltd Pa8e 7 Tiustees, Report and Fihahoal Stattffl￿ts IwKWneStralwc Rep￿) Fw ihe yeav ended 31 Marth 2024 Ernpwer y{￿th lo￿$ Ls a twyaoy hmited share capit¥ ￿ re8&le￿ the(Omp3￿e￿kI 1985. rewstrntiw number 11309137. The 15 IMrned ¢5 Mernortndum Artth ol Ass￿￿￿1&•Th dated 21 M¥th 2018 a￿1 upde in JaroJary 1023 Mafi4ernent¢fthe coryarf5 affairs isvesred in thEC￿D￿ettOV> 11 isa￿l￿re￿#￿d with tke chavityc4mmlss￿nty12Y￿jIust 2018. the liabl1iti￿oI thecornpanytothÈsL¥n Thxexteedin8ten r¥xndsexh. The fir5r Oirertry5 were Ihe subxribEf5 to the ffiem￿nd￿ •5 nrrtifRd to CtsryJniES as the firx tsrectL¥5 the Chwty. A person aPPOlDted as a ￿rectOr thereu￿￿ be￿e5 a h4embef ol the Charity arKI a Oitertorwho ￿aSeS io oFfKe lor ajw reas¢Jn thereupon ceases io be a Mernb￿ of the Charty. Oirectors ha4 the to 4V4DL ￿ ¢vthrw any rxyson t• bt a Threctu who is ￿111￿ toxt as Ilew DirectrK5 wll be reciuited accordw ro the Theeds of the Chaity aTrd the SI￿t01￿ of pOS&b￿ candidate5. A uThanirnUS aPkYOV31 of exlstln8 Oireciorswoulo ￿ad tothrapprMrtmEnt. The MEmorandum and Article5 d Assoahin 5tste5 lh thE ryjmber mernbery IDwectiKsl shan hxe no M￿rn￿M and not be kn than three. At firsr Annual Gerwal Meeiins all ￿reCtorS mus¢ and seek re￿￿￿ll. Ai each subseqLnt nnual GEneral VrttSnB OnE thtrd of the Direct￿$•￿e required ￿r￿lre￿¥ r0rath￿ and setkitrapptynvDent rf iknishtOCCf¢tinue. MeMtxr5￿thetharWty areits ￿rettOr$fOrr￿￿rr0 beiwarKI the persry5ehciLIpiD be MembEf50fthe th￿￿11$[￿￿&tor$. Full deiailsofthe rus are contained Intle cornparfs Mernrfin￿rn ofs9Juatkn. dated ¢47 ir￿r9￿a1kn on 21 March 2018, whkh rnay bethspected atihe Ernpo￿ YLwJth Z￿e5r4￿red offKe. I Irk￿lee5 receive a lull iNly¢tion afid traiNn8 of. 5aleguarfiw r& ffianaierfent. fvndraIs￿ r&e ola trvstee svstainabimty ahead of formal apOntment. ar￿ arti￿$ of assOCAtb￿ art s•TEd. Train￿ ¢e¥Bk>witnt n¢ets are rewe¥hed at ￿3stanTh￿l1ty and as arnl¥Jhenatytrnsteesareapwnted arrew. Empower Youth Zones 1$ iyltsTftfytee ¢o•tdwW IK fwsrttin8ts Str4tslc olthe or83hi￿on aTrd polKy or the Chaity The Trust￿ ofry the ￿tinate cty)durt rf EryThver Ywih Zone5 Wid lor th•1 ¢he Charity s•Dsfs 1¢$ legal and ¢¢rtI￿t￿￿ 014ii3b¢nS. Tffwteesmw akwtythatelvertry ￿o￿t￿th5 and may4YeleMt the Im￿•￿1￿8￿￿7 0fthe1rdeo￿￿s Qr day. to4ayor¢ation oftheot8artiwKxbtosènb2r marta8tffi￿t. any mpbtrtofiheChxity, Fofson t¥¢•NvnKteeasthtysee fiLkny committeemutt nclude Itè# one7r￿stee Thefrustee Bo¥d tsk•JeoeTrkntlrtym M•nawwnL DEcNOn5areduEfftw￿d shmaiwof¥ote& In1heu￿01Onelw5tyafV￿e5Ihetha¥Mln0lthe mEet￿Sh￿StheCaSl1Thgwo1t. Tra￿￿￿)￿$ ￿th rebted partsaredisdosed in nIxe￿I¢the￿n3￿A ststewtsarAI in 163 ￿thsOAp1k¢0u￿Itr and repo￿￿1￿chant￿l"SEatWn￿rtl cl Rconh￿r￿WrxtycelSoRp2￿sj. . The Dirertcis ¢onstrJer the boar+J ol ihlErtor5. who are the Charrt￿$ trusw, and the senk?r Manav￿nt team comprise ￿ ke¥ mina8erneni tsonnel of the Yertjrh Zone kn charye of aTrJ (L¥i1r￿￿nL rLmfMf a￿j oper3tYi£ thE ￿arity o day-ttrthy basfjs. Threctois of their time freety and no Dyectw rer￿ne￿wjn in the year. Detats d I￿¢(try5, expertsty and re￿Ied pany transa¢iws are discbsed ote 18 tothe arcoums. The pay ol lull stafl toam bs rts7ewod annw•Uy¥d * alryw. iNTeased ITh Trh G6emmertt flation res t3#M INIO CPI and Apf. In viyw cf the h•tyJrE of the tharity. tr tsenEhmè￿ pDy in •tsr ￿miLlI charitslnthev￿k￿￿ settty, aswdlasa¢rossthEOn5i1eYouthZty

Empower Youth Zones Ltd Page 8 Tru5tee5' Report and Yinantial Slat•nen15 lindudinÉ Strawi¢ Report) For the year ended 11 March 2024 a.J Volunteers'￿￿11￿kn Thmu8htsui Ihe perithl all membef5 olthe tlTntsteesMadelrfA￿4e￿￿w￿¢Qr4riIwjt￿t￿￿ c1gri￿S￿0rk Intern￿ of8Lwrnan eq￿l¥alent to N¥0 fL41 days eKh cakndar momh. IS ru¢Aered ¥ffjhJnteer5 ￿dL￿e0 Jnd Ktrye tre ptrthl pThdini ¢n av¢ra8e l50houisofy￿U0teO￿￿FOlfflofflh. Al the artr¥ities ofthÈCharity las summèrised abrmel wert undertakentofurther rtsthai1￿￿ wrposesforpubkt behefrt. The oroviyoh Ot• hith. qualliv, centrty fur peo￿2 re5p)nds dear. dEmar4 from ￿tent$ and ider (•)￿u￿1[1es for more and better pla￿5 lor peD￿e to go. Althouth a seTrice to al pecyle. Ernpower Youth ZC￿eS will locu5 on attendarKe and wrticipatknn by wun8 mornbers of L¥%ad¥arbt38ed comfflwrtle5 who ablo to enjry affLY&a￿e acce5S to all the cpportuDbtie5 that the faolities %Yill provide. Thiswill lèad to atlidÈmÈntsand enhancod aswrntthsahwytyJns members olthe local com￿Trity. Thty￿l1 happiet. healtht makeffw)re ¢¢nstrucrNe use ¢I￿r kn5urttwTre¥Jtruth ￿1P rethJ¢e hyiyn¢e and antksa¢ial betrwiour. Longerterm pvbfit ￿￿eri¥S￿lI1 I￿Ude irryoved heahh. red￿ed crMne.whaKed ￿rrI￿and emFtybikTY•hdAreater tthxmuhity¢4hesioh.

Emp0werYo￿h Zone5 Ltd PaBE9 Trusiees, Report and Firtancial Stattmohts 511atery ReFXtI Sorlhe year ended 31 M¥r£h 2024 Trustees (who art a150 the thrertory ol Erywer Zfft5 fty the OWPD5e Pdw) Ive respxsle for ￿yepar￿4 thÈ Trv5tee5' Ahnual Report ènd the fmarfial StslEments appkable and Lwted •ActyJnt¥w StaTrJards Iljnlted Kin￿Orn 6enerJltyP4<twed AccountM8 PTrcbc?l. Corryany lav4 trgLMre5 thE Tfltsiees to WEpwe f¥r4¥15tsrenyffltsfrq tath y￿r. whith hirvvw ofthe stale of affaKsof thE thaiit•We ¢onwary¥nd oFthe ￿thed￿n￿tsle ctywryforthat withj. ID prepaMethestfinncKI statenM¥the Try5rEesai@fryuired to.. 5elert YJItsb￿ accounti￿PDl￿sandthen4lVtylhern obseryethe mttwsand 9firfsinthetharitsS￿t￿. nkejUd￿menISaTr#￿IrnB1e5thaI 31e reasonaue and srate twhether P￿￿tle LIK Str￿￿$ teèn lol(vd. to ary Matewial dep•rture5 dtscb5ed Jnd explained in the finwcyal 51atemen￿. prepare t￿finar¢I01S￿eTh￿fftts￿thÈYMr1¢0tthfvbtt51$ wss ti5irtpwiyi•tstoyeswrtthotthetharital¥le conwnytmn in siness. TheTwsttts are lor keeph¥ aoetythrex¢(KMw rEeOTd5ttr•tthsdr wth rea￿¥t atom at the finand P05mon of the ¢horrtablè compaAy that4 theffi to en5Ute that the 5f•tnerrts comthtth ihe ¢￿￿ne5 Act 2￿. They are a150 reSpon￿￿e lor salesu3fL¥w the assets of the ¢haritat4t eornptyty •hd Fonce rE05r&?tde step5 for ihe kye¥￿t¥)n aré detellion of fraL￿ ind 0th2r irreeutsrftle5. The T￿slee$ ate respon￿￿e the mawenarKe of ts cwpwate fir4ndal indudod on the thari¢atye comp3ny's web51te. LeE1￿￿t￿ the Unffed 8￿mir¥I￿ wepar3tts)a￿ statemÈntrhaydrfler frtsm kw$la￿n in other Jur￿lIrtI￿$. Ih sof•r aSt￿T￿￿tee5 areaw•re •tthetimeof apprt%irytyxTntstees' rep¢xt.' There 15 ￿ rel￿an1 1th1ma￿, be•l8 Inf¢nnatK￿ reW audit¢ Al kvepariw rem of the audrt<Y 15 unawa￿. and TheTnJ5tees, h3￿nI madp Dftdw TheCh•'s inth¥kluaty ha￿ eathtaken all steps tkn helsht ts obliied iOt as oltrthtaL¥lrt to e5tabltshthat the awdltori$3ware¢4that inf¢Ymatb acu¥OahtÈ ¥Mth seri￿Tr 414CIIII of thE CofflpwES •xt ikniwc Rowt Crfecicn Repjrtl Rel￿￿)n$ 1011 thp tcrfnpaTry has The lirnarKral staterrtrts With ¢untrt Stat￿# remwEmEnts. the CLryiryls d 01 59XOtioTh and ihe CharitKs 50RP. A wapos•l to teapwintXeiMY￿Aud￿t Lhitedaswthtorolthetharty be wtWthemnuJl GeneThlVttti IheTrnstee$ReF#Irt.￿uthT￿thEsrRteeK ￿e￿rt,￿a$aw￿daThd¥A￿5Yd￿ beh3WdthÈTrustees ty.. I Whknaker Chair, Comp3nyQifoLtsr affld TrnstÈ 24 Octthr 2024

Empower Youth Zones Ltd Pwio Independent Auditor'5 Report to the Members For the year ended 31 March 2024 We haveaydited Ihe fihan¢ial sts¢ements ofEmpw y(xJ¢h2Lwlthe'th•lira￿e¢￿￿￿•rf1Itythe ￿•rended 31 Marfh 2024 which conwrlsethe ststwneni ul Fin•nrial Artr¥the5. 8aknteSPee¢ StaremeDt ol Cash Pw5and Thxes tgthe fifi)nc￿l staknnehts. a summary of 5iinifirant pofvciek ThÈl1￿￿k)I rew)niw framtrwtrk tkn has been apF4iEd wepèratKm is Pdw and Ur¥ted K￿￿0M Atcouniinl Standards. InclL#lini Financwjl Rewniw %andard 102 The Rewthl8 ap￿￿able in the UK and Rep￿￿ of Ireland Iunlted rrfdom Gen￿£C£￿ed￿CouD[#¥ PractKel. In ouropinion ¢￿￿￿￿￿￿arefftetyts'. airuEandlwiyYwththe smeofiheCh3tleCty￿￿rfS￿Il￿sa%XLj1m￿th>J2¥ ￿￿L•ll$￿￿ ￿e￿dIrLye.1or4bEperf0d therlended.. h•ve been prepx¢¢in a¢wt¢arKe¢hthere9wementsalipeCtynp¥SA¢t￿. Wec0Th￿rt¢d ow InaccordanCewhlrtorTha￿31%a￿￿d5{￿A￿ty ILIKIII￿51u￿1)aftd awl¢l ￿. Owrwn9tyNtyeS￿dortho standards are lurther desuw in theA￿j￿0rfs resty)hsibihi￿s ￿ the a￿rt olthefthroèl statements sertion of Our reA)rt. We are indepenoehl ofthe char￿leCOmpanY In KCwdan￿ ¥wth tho ethtcalryL4remonbthat we r¥trant audit¢fthefinèKial ststemerbts inthe UKin¢lwJn8 the FRCS Ethi￿1 Standar4 and WÈ ha¥e fuffilkd ¢Mti other elhal ￿sPOns￿￿1ES in aCCor￿¢t￿1th1htst rewyernents. We b￿Ve thatthe3u4it evMleNewe have obtainediSSUffuntandapwopriatet¥WTr￿dea bassfty4xwowHLffi. In awlitin8 the fwancvdl starements, we thar T￿￿￿e$, ol CCglLern bags af ￿¢￿￿tIn9 in tho prtyaraiion 01 th2 tlr4nualststemEnts i5 apprcyriaie. ased w the w•rk we ha¥e perf￿￿1. ￿ h￿e rdatir4 to e¥eDts or C0Thd￿lr￿s tha¢ indryh4wlfy or tdlernivety. mèv ¢a# Y8n1￿nt on th? Chèritswe alyto (onbw as a a ￿0d ol èt M￿th5 fyomwheh the finahDal ststÈmDryts•te a￿h￿Se0 (crf￿. Ojr res￿$￿11111es 3ndthereswhsHJili￿s0lthèTn￿t¢$mthrt￿￿rf xe¢1exribEd￿ tht re1eAntsec￿rn$Oftr￿s￿t￿t. TheTtvstetsare responsible lorthe (AhetiAf¢rrn•tKffj. ThE ¢thr cryises¥¥lomioTr ￿dl¢edI￿ thèTru#ee< leWr￿h￿r1￿èTr the fih¥(ial ststwwits owautht<VswepDrt￿reOn. Our o¢¥n•on on the finan¢l siemEnts does hO¢cover Ot￿ ev£erttotheeX￿1l¢xherWtre 5ts1ed1Tro￿1[lW￿. we éo weXP￿SsanY f¢rni¢faSswa￿e t￿￿￿there0n. In connertion ¥hth ow èudit ot ttr st•teffents. our res￿$￿￿1$ to re•0 tre rtfier inltyrn•tw and. nl $0. ￿￿der7￿ether the ot￿r Infwmatlon 15 mat4rlally incgnsistont with srxen￿ts yr our &xtswled8e ¢tri￿e￿ in the audrft Or otherw15e appears w be misstated. ff we identify werial •pparwt mattsriil ThM$5tsmem¥ we arewuwEd ro determine whEthEr there Is a material mlsstatewt in the finaThi•l statements or a maltrial ¢hÈ Nryf<YmJ¢kyi. Lf. bbsed on the wtyk WÈ ha¥e pY¢rned.we¢wKhKlethattFwe matwia1thostsr￿￿¢￿thS01￿w￿fxmlM.#e reyedto rewrtthaif We havenothiryio reportinthsrrfard. Opknlorsohothfmatt•rsy•xrtb•d b¥th•C•Y••hiu04t2M6 In Our0p￿￿n, bas￿ on thowothundertaken intts¢tyJtsedtF•LNIit.. the inf￿rnatic4l Ifrth ih ￿ TruStees' ierAt. whith Cedor< IèwpwpLW4 forthe fintyal ythr l￿wh￿h l￿finan￿lI #atwents3tewepètedtsuss#¥fihVfinwKi slareni￿S,. ¥Tr1

Empoweryouth Zones Ltd Pa￿ 11 IhdepndÈNt Auditor's Atport wthe Memberslcontinuodl Foi the year ethded 31 P•lar(h 2024 on In the litht ￿ the kntyJlee wOEf51anthr% ol the eharat4E uwnpwry its emirLmmerf oblairtd ￿ the awr5e of the audir. we hJ¥e Identif￿#Material M￿￿en￿ts intsTruxee< le(￿. W¢ ha¥enothi￿10 reportlnresrttdt￿ t￿l￿£Mattersjhert1￿C￿1Tr￿S￿t ￿wireS￿5tO￿￿tovOts m.li w•pirrifyl: the inlwmatH)n ihttTnth'5Annual Rwrt isin¢tylYStErt in re5P&tTjththeflr4￿llslIIeth¢nts'. 01 theCharitat4eCornpanyha5not ke¥¢ adeqyate tOL￿t￿￿re<ryés.'Or the financi315taternEntsarenotin ayeemefiiwlhtheaurwJnt￿r¢cr#ds andietirn., ¢r we have notroc•¥ed all ar4j+x￿XTrat￿j￿sWe requifflosow ath. ¥411 wmp•nl& rtyortdlty• the re0uwernentt•wep3￿ès￿a￿r￿￿rt. RepM￿￿r￿5Q1T1 A5 eMpL3ined mort lulty in the siatement Trt￿ee¥ Respon5it4itles sei rwJt on p¥e9. theTrnstees Iwtsj are ￿s0 the of Ihe Charitèble CornpaDY forihe ryrF•Jses olcompanv ) We ￿SpOn%￿le fu pr¢paratvJn oltr lkn•Kral ststernerbts and for bel￿s8t1$fied thai they a truE and fair Wew. and lor such ini4fnal contrd a5 the Tn￿le0$ to Èmble tht ytpxatlon of hianci statements thai xe from rnatenal nusstatement,whethertkntofFaLKlorerror. In propar1￿ the finantyal stsreffrtik ihè Trvsrw aty •ssesyrf thÈ dwrtabSÈ (wparfs lny to coniinue as a i14r concern, dis¢losin& 4$ ao01icat4t. matter5 related io ¢(¥r4 ugpz the ba%s of ¥ruuntiDg y￿eSS ihe Tr￿leeS ather Imend to liquidaiettsoltWfinaKHI stateffwty IN¢eularit6R4 IndLdn8 fraL¥I. are insw¢es ol IM afvJ We W￿d￿¢S ￿ Ir with tyjr re¥wl)Iltw. ¢lined aèov4 to drteu mater41 mitsiattmtyits In resperf ￿ irrel￿ar1￿ fvaud. The eA¢eni to wlth f￿r pr￿d￿re5 art ot dete£tiw irreoularitH2S, includ￿ f¥awJ i5det•lEd bkn". IdEntWYlr4￿￿a￿e551ty p0tembalth￿￿l0&¢ol1TeO In Identrfyinoand a552syw ri5k50f rnalw1￿ m1ssfal•f￿I ffj re5pettd frath1and r•JDtsuth ISA% IUKI, we are •tso re9yired ro pertorm speufic procedwesto reS￿d to t￿n5&I￿aN1￿MeTrt CwwfAIe.

Empower yO￿h Zones Ltd Pa8e 12 Indepehdent Audltoi's Rep¢)rtto the MEmbwslcontinuedl Foi ihe year ended 31 Marth 2024 We a150 Obl￿￿d an L￿d￿03ndIn1 ¢1 the Wl and We￿a￿V 1raftw￿k% that the ￿￿11￿bIe Compan¥ werates in. fwJn8 ty) prtylslw or those L4wS re8uLitts)s that had • direct dlett L) dEtenrdnat¥¥) of matwi dtstk)5we5 in the fironcial statements. ThE kev Re8ulion In addiuL47,weccnsAIEred kYNsKffisotothe¥ rryknthat donDt h¥￿a Wetrea￿t￿ thalsrateffents bj1corn￿èr￿￿lh which rnay bekndarnwtal to thC￿T￿a￿sa￿.1Iy¢04slUKI. A fwTther descnptAin of ow re5w￿b￿ltss lor the a￿lit of thE stswts i% on thè kepryb.ry CDuhtYs webytt ai.. hitP5..IlwW.IrC.ory.uVauditwesw￿i￿rt*S. ThisdÈ￿ipt￿*11trrnS ofour4￿litorfS reprt Us• ofoww•port Thi5 report Ss rnadè 501ety ioth• ChaThtys MÈrnt*rs, as a F>2dy. Nl atCL¥dancwrf(hChaptr 3a1 Part 16of the 2CQ6. Out audit w¢rk ha5 been uThYertaken sothate miÉhtstatetothe Chaiitys Trknit•stPthe mattetswe ¥t ￿0vIled to •etothem in aTh auditc<srtwrt and for DD Other purkwxe. To thE t￿*$1 extent pvmitted ty L￿. * do ￿ accew ￿ assLAMe re$pty)S￿ty to an￿¢ Other thai th¢ Ch•Aty the tharitysmÈmbersasa bc<ty,fatOufauthl w(rtfortPis 0rforthtowr￿f￿We h￿fOrn￿￿. MQQaL Mlchad GarrettlSenyJrsiatutoryAudttw} FN andonbEhallctXew4ifinAudil knmiiod Irii8arbirdli Styart Manthest M2 38D 24 Otiobw 2024

Empower yO￿h Zone5 Ltd Pa8e 13 Statement of FiDanoJl Activilies lindudiw Income and ExpenditsfÈ Report) For the yeav ended 11 March 2024 TOTAL TOTAL 2023 INCOME FROM Dcnatknnsd lega Charitawextm￿s Investments 079394 &5V.M5 3W39 174. 174.712 .734 IA04 197.598 63270 TDtsllTrEome 1.665. EXPENOITURE Operatini iosts GoYernance<osts YX+M7 L596 7.830 IAJ3.t%6 6.640 Taial Ewnthiure 320.687 1.419.706 IOYm7 2X958 1376Jb45 246.158 Net 8aths Iloss¢slon in¥estynefits 146 J46JD6 11310181 14etlwm lewdllwl swsi F￿nd balafice4131 Maich 2023 9J15237 F¥nd it)1 lthrth 9.913.377 ThE5taternenEof finanr471 acD¥iiies#%l￿desam p￿sandI￿Se5[Trth￿pV1N1. Al •icomearnd EXpenditwedur￿I1Offt(r￿Dnui￿IattW￿*

Empower Youth Zones Ltd Page 14 alance She As at 31 Mareh 1024 11309137 1179712 2023 T{￿￿b￿a$sets 4%X+34 6,842,016 Stork Debror5 Invertfflents C05h¥t ￿nk￿nd iThh￿d 2.384 120,439 1559.216 61283 327.tss IVJJ.658 4ts443Z2 CrtthttyS'.•Thowntsf•llh¥dwTJ¥hln we￿r 11,641.6151 11,462J611 3,081,%1 IW5.711 9,913.377 FUNDS lthrestrthd fimds Restd(tedfunds 3,631(￿0 6287327 17 44S.71B 9.923J77 Thefinancval 5tsterThwts on pagos 13to21toraF¥Y•A ar4 I￿￿￿¥1￿1$$ye tytheBowdofTnee5and on Its tehawby.. J Whft¢¥ker Cholr. Company ￿rett￿ aThd Tiust Date.. 24 OdclJ8r2024

Empower Youth Zones Ltd Page 15 Statement of Cashllows Forthe year ended 31 Mar¢h 2024 2023 I.615￿84 Interest re<ei¥d Investrnent Incow s￿24 •4h67 1776.6WI 731.S63 11.745,599) Purchaseofinvestmwts Swal ol 1Th￿1r￿ts PayrnEntS￿3qwrEtanW￿el1XedasSerS 11,lJl,4151 1,094,762 16655051 I,OCfj,696 C4sh •nda5h ely￿￿￿¥t1AwIIIo1Y L920.351 913.655 I55L6)P L920351 Short tom dep05tts Cash at bankahd In hd 39Sn J2,QS1 s￿68 1,862,283 S5L639 L920.351 1023 tlet IncO￿l￿rthlyPar DEpreciation IGairtsllknsesw In*sirnehts In¥estm2ntJncorne De¢re3sellincreaselit)st Ilrve•sel/4e¢roasein detlors IKrea5e knuedi W351 Io¢No 112.623 138,018 163.2701 its(n41 949 lu5.2￿} IM654 20,759 l.329.9?5 14Etcasth fltyw ff¢ffi opemiw

Empower Youth zones Ltd Pa8e 16 otes io tho Financial 5taternents Fwthe year ended 31 MaiLh 2024 ErnFcwer Youth Zone. fomerty knLPWrn a5 MarFsterYwth 2cffje- fa￿ ￿ a d￿rit￿e c¢xiwrty Wmited ty 8uarantee kn the United Kin8dom. In rhE event ¢1 ihE c￿rity bdw wound up, the ￿￿litY in respect of iuarantee is iknited to EIO per of the Charity. The address of the resistered offKe is liven in the Charlty 1nfwmatK￿ cffj pa8e I ￿ tw fir0￿41 s¢ainN The ￿•tUre ￿ the Charitys ¢petathns I￿j orinal artN￿¢s￿et0￿jld.dd1v¢fand Slislain aY4yJth 2cth InthÈ East+1•￿￿￿. Th• ChartycoThstiiut95 a benefii onttyas del￿Ed tyFR5 101. The sia1w￿S wepared in accorttance ¥Jlth kcr¥&lti and Reporting b¥ Chaiitie& 9d￿ment ol Re£¢mrn•ided PTrciKe applcable to thaiits wepanw theff a¢¢wAts in accoFd#Ke with the FIna￿lI1 Pepcrtww 51aDdaids UK aTrJ Re￿tI￿ d lidafvj IFIt5 1021 (kiober 2019. the Chwitie5 2011 and UK fnpra Acoplod Prnctke 35(<apF4fm lJarnAry2019. 51501prtwv4tlo YhE linantil 5MemEfflts ire prepd cm a toncErn t4sls ￿ the cost The litsanual statements ère wep￿d In Sterliry whKh isthefLrfKinal currenryc4theCharity. fhE51inifi¢•ht arcolknlting aFvI& hTrthe preptvawclthesefowu¥stsome￿ ￿Se1 These ha¥e ccffj5i5tent toall yeatswEsentEd¥nlessotheThAse stawd i. Fudi Unrestr￿tedIL￿ds are lor T￿￿￿e5 Ml ¢pcD¥e5 ￿ the C￿rI¥ and whith hab fiot been desh8nated atherpvtPDses. Re5triCtedfunds arefuflds are th bo ￿ in a(c<¥daMe re#iKiwimwsod tydtywsotwtrmch been rased tythecharitv for particul¥ purposes. The cort ol rai￿¢ <harytd rfaitthe wifK fvnd. Tr aim arJ u of each restt¢ed fwd Is set out M the notes wthef4ndal stste￿nt& 11. InLoffl¢ I iThcome￿ ￿uded In the&atementol finan0alkti4rits￿ (SoFAIth￿ i% w1tyent￿ed Iotheirf￿al[tr•ftv performan¢e cono￿OnShaWebP4n met. ttarno¥rtnntmeawred relab1Va￿lI iSkvoba14e tro¢¢￿ irwrillte rKeNed. For donakns to be recolnised the Charfty VMII h¥•t been notffied of the amwhts d•tÈ in ￿110￿. If ihert ¥re ￿ndit￿n$ attxhed to the donation and th15 feouffes a W of rorfLYmaro beffme eAbtPernerf tan be 4)bt•Td is deferred yntyl I￿se conditK?ns Jyefulty rnetortho fvlfiknoN oltkdo tL￿dit￿S15w￿hWlthtCtYI1rd0f tFCtsityand itlspr•b•b￿th3f Ihey Wii¢efulfilled. Investmenr incorne rtprtsertsamourts re£er¥e th rtswLt d the wrnd. ihttyTrE is ug ta thE ty•￿¢e $￿et (knThtsln ¢tsnnectth¥￿thth¢iobreIentk7n s¢émeare recwsed inthtperkXlt•wlrfhthew￿ty7'f￿s1a￿1C0$ts reMet¢. . Expendknre ExpEndlture Isreccin15edcffj anuua15ts%&3sa Ivai4liy Ls I￿￿re￿. (hvffitgkleexptnditwe Chaiitat4e expeThdJture cornwises costs incwred ty thè Chw In its actF11t￿S ahd $￿kn%. It ihdth both tosts th•t n bE alkxated directtyto such xrrrfrt￿andthoStCoKS￿aft W￿l￿ect￿l￿￿ nÈcÈssarytO SupF4)rtthtm GOVer￿nCe ¢o#s those ¢v5ts a550CK41ed r￿ling the ar 5WUtNy rewSronnts of the Chailty and thclude th• auditfeesahdt05t5 h"Trked tothe xmryKmawememoftkChain. AM Costs we al￿1ed be￿eeTh thE ewdK(we catwe5 of the Ststemeni of ￿Tran£la1 •xt•#itses on a basis deswd to refiert use ol the $ourte. costsre￿￿#l0a pl￿￿*8C￿￿taoDr4Ied&yecE￿.¢%hersare￿VW¢￿￿d￿naT￿a￿[¥7rOIe bags.

Empower yO￿h Zones Ltd PaBe 17 Notes to the FiMnc1￿ Statements For the year ended 31 Mar(h 2024 TanOWeflMd a55Qts Fixed assetscostin8 1Th)re than £250 Lo￿5d aTrl #thed w the bala￿e at cast. reAett 3TrJ dowelopmont costs￿¢hea$SeI under C4rnCtth. Fixed assets ate éeore¢rdted $0 as to Yite ¢11 the tyst ty valuat•Jn. wa￿ Ive% sub￿1 lo annual reviEw. asfdlc4¥k Leasehokl property P￿tureS •xlfittln8S CL¥nputeroquipmErt Gym equipment CateriniequipmEnt ant & mathA1ery Q.8%b￿0d on al￿￿01 12S ¥oar5 25% ￿alKin1 33%straryhifM 20%strawhll)t 33%5tr4tqht tted InV￿tMents3￿ Ma￿¢t¥￿¥thetrN¢e$￿d•fe. Oebtor5 and creditors Wlith no ￿ated intLYest raie re￿1￿￿￿e{￿ ¥e reuirded at transxw pltt. Arry 10$4 •rtsln8 from irnpaSiment are ￿¢s￿￿ed the#Fendi￿re. IL T TheCh)this an exempt the schedule 3 dthe c￿115 •<12011 to passthetests settyA In par4raw I S¢￿dules Finanty Att20￿3￿j thr¢￿tIt me¢tstFdef￿rt1c4)0tad￿l￿tse crfflpwwforUKcotptyats)n purw5e5. The finèKi staternents ha¥e been prepared on a (c￿e￿ basis 15 Tvusree5 behe¥p th w M•1￿11 ￿￿ert￿nt￿$ QKiSt. Thè TruStoe5 have thÈ lÈ¥tl tsl fuhds W and ÈAwtÈd It￿ of itome Jnd e¥pwditure Icr 12 mwth5 from Jurhonsme these f￿>￿¢1￿1 $¢are￿nIS.The bud8ered Irth￿e •ideApenditure ts 9Jif•itwOthelEwelol rEser¥e51crtsEOwityto bpabtOioDtinuEasa8tyrco￿em. ¢tsiiriMKions ro (Wined •rE rEcryfftised IS an exronse the the rekted serye 15 pro¥￿£d. Prepakl onrritMJrMare rEcoAnisedasan a5￿10(hEeMt￿dth01the prep1v￿l￿￿kadl0aryd￿1 Al fukn*epafftertsoracash refund. TOTAL 2023 Donat￿n$- Capital 550 IZ14574 ?.334 117 141M8 132,092 133.3B2 30 GRnts trtots &toundatThs Onshle F￿J￿Ja￿Qn. KM5Cc4nmunltyMatched LocJlAuihryity F￿Thd￿r patr¢Jns GIft￿d 117M 470J6S 470165 76L592 31272 ImJg1 2Whl5 3.666.939 L404.996

Empower Youth Zones Ltd l8 Notesto the Financial StaterneDts Fov the year ended ai March 2024 4 kn¢omefvomCPaiabf¢kths TOVAL TOTAL 2024 2023 YounE pe￿￿eS3Cb￿ 5e55ir Faolbty hire I￿98$ 86.613 68341 68341 IN.71Z 174782 197.S9B TOTAL 2024 TOTAL Z023 k interest reCth￿d Inctxv Irom insimEnts 8,824 54.446 t4 84.667 .?34 63,270 6 cwratlni¢osts 70TAL TOTAL 2023 aff w￿e$& salarfe5 afltravel eKwrtg¢s Freelance and AyrKystaff Fundraisin8 & Evenr5 Stsffand Volunteèrs W t Staff Uniform lelephf Starbnery Hospital Computer tvsrs oriiCQ svppl Donations Sundry ExpensES Insurance 9)8225 849,699 1.493 5.532 6,910 I￿35 1,643 1.931 83•9 l705 1706 1.342 29,683 33.035 45394 133,0351 (35￿5) 3.893 17.585 4,811 16,982 S.313 &585 4,602 37.362 44.536 160 20.438 173,735 112ffi23 z4n6 26.7B6 3A41 76JOJ MarkEtin8COSts Le8al & yofe5ywal ces x+J 51673 Trninin8 Trlpsand AegdEnrLI15 YDthh w0￿£0st$ Catering>Jppl￿s CateriniÉ41Mprneni Recruitment Premi5esC05rs DEpre¢iation kth•r8¢s lJ14 9394 21611 42092 196 5S •J74 ￿4￿11 •L581 9n 127SI93 1.413M66

Empower Youth Zones Ltd e19 Notts lo the Financial Statemen For the year ended 31 March 1014 7 I1￿ thtLune 2023 Net irKcwnelmwTnt in I￿1$1$51a1ejl￿VCh￿Kry. Oeprecktityl Autht Fee 91.S81 Ill623 l Taxèt EmpMrYouthZone is a rewstered Charity. All ihEUAmparfskncc•me r4ar•kedtOrfts d￿r￿at￿e(•1ecIr￿5a￿ the Comgary¢ is therdore exe under cuttent fesislJtHin Ir¢xTh mostk¥ms c4 taAZI￿)n. 9 St4lf costsandffluThtsers 2023 789.439 473 11,787 Soclal ¢Vfity Pen5ion5 GI￿53 JS5 Im3JSi 849ffi99 )ernplryfftehtd rIWe￿n£71Srt)In thE>ar11023.. £64.5831 ZOZ3 14wnber mbet AboÈe nLynbÈt￿fftFlwe5 The al￿$al¢ raM￿l￿￿tIon d the Kty Mar48ement thtchiof EAetytNe. &Aness Athinlsilat￿Tr Man4eT, Head of Youth Work& Headof Fundrabtywas E215.244{2023' £166.ICIII E¥pensesolENil have been Paidto theTru#eesduw4ihsvr•l IIOZ3." £141 11 lin￿e￿￿eda5%ets Ftwes& MDtor TOTAI AI IAWI 2023 AthJiliLinS Re¢latyfwion D15P053ls 61.692 249.944 7,137,982 L745599 L745599 2214YA) At31 Manh 2024 2,214yJ) 6347395 GL692 ioxwj 8.8￿.581 Oopredèth At l Apri120 Char8e Ir#the￿ar r$F￿al$ 57.1 3.674 295.%6 91￿81 som4 34.197 A¢31 Marth 2024 177 61,692 141291 S,678 387y7 NÈtbDD At31 Marth 2024 93 At i #•riJ2023 6S89.334 6316 6.84Z.016

Empower Youth Zones Ltd P¥Be 20 Notes to the Fith•tytial Ststemehts For the ye91 ended 31 Maith IOZ4 12 c•palty￿fftknl•￿ts CtsitraLtEdf lo.030￿3￿ 13 Inveknni¥ 2024 2023 ThE Chty hès in¥e51ed wWuslwd5¥5kn. Ihterest deposits LiStÈd investrnents I2SO.658 2,OS9,216 1Th1,651 2559,Z16 Z013 At IAWI 1023 Additlons Di5P05als anle iThmarketval 1559.U6 1,131,415 11.094.762) 1138.0181 Atji 2024 2.750.651 2.559.216 2023 7rade¢lebtrffs epavmentsand S6J 270131 16,401 45.970 327.15$ 61371 X123 Trade crethtc Othr(rteAto ACcA￿lS i>èferred i•¢ome 73,316 79,914 53,731 l.256.COJ I8￿1 IB7075 1.64Jts ¥462,%1 16 Mo¥ernwt In lunds T￿ mo¥emert in luTrJsfc¢theyearfjsasldkx¥s.' Unrestrirted Funds 1636ThA) 1539.L16 11283.7231 Restrktedfunds Restrked Funds. FNed a¥ 6.287327 2￿?.645 1320.6VI 554.285 6,287327 ZJ87.645 1320.6871 9.923377 4.126.761 11.6ts1.4101 12A45,m All ofther￿a$Stts re#rktedfwdsrtwesentamTrlts ar0dv￿O￿nto1thEnewyOlrt￿ Zonefacjlj¢*S.

Empower Youth Zones Itd Pa8e 21 Noies to the Firthancial Staternerbts For the year ehded JI Maich 2024 Themovement 1nlundsfgrthewityyearbsasfdh￿' Ch511Jg E¥penthlwr UnreMrKte4 F￿d5 Restricted lunds 3.4B3.287 6.33LVJ> L459.846 Il>J7,Cfj31 3,636fA) 6.287,327 9.815.237 LS17,846 11.419,7061 9,923.377 Totoi fvpd5 fvftd5 Tan8iblpfixEd assets NW cwrènt a$5Ets 8.496,034 58.251 8￿96￿34 3.949.694 6A41016 3x41.361 189L443 3J9W) ItsY.ts5 IL445.ni 9J23.377 Tottsl fvnds fvmds 2023 2022 TanÉiblEfixed assets Ner currenta55ets 6342.016 15S4.6891 6A41016 3.C61,361 6289.134 3,S26.103 3,636 3h36m) 6.287.327 9.92a.377 g￿lS,Z3? Therewt¥e no Re￿Ied Partytran5XtKpMthrir* ttsYeail1023'. 1111 There is nOV￿mIle party.