MANCHESTER YOUTH EMPOWERMENT CLUB
(MYEC)
www.myec.org.uk
ANNUAL REPORT & FINANCIAL STATEMENTS YEAR
ENDING 31 MARCH 2025
REGISTERED CHARITY NUMBER: 1187098
MANCHESTER YOUTH EMPOWERMENT CLUB (MYEC) Financial statement | Year ended 31 March 2025
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Contents Page Officers and adviser………………………………………..……….…3 Report of the trustees……………………………………………... 4-11 (Reference and administrative details) Images of 2025……………………………………………….…………...12 Independent examiners report………………………………13-14 Statement of financial activities…………………………………15 ( Incorporating the income and expenditure account ) Accounting Policies……………………………………………… 16-17 Balance Sheet……………………………..………… …………….18-20
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MANCHESTER YOUTH EMPOWERMENT CLUB (MYEC)
OFFICERS AND ADVISERS
The Board of Trustees Olatunji Emmanuel Durowoju (Chair) Adewale Solomon Odegbesan Adeoye Wilson Registered office Suite 523 (Fifth Floor) Spaces Peter House Oxford Street Manchester M1 5AN Independent Examiner Charles Adegoroye FCA, FCCA Xpatlink Accountants Limited 91, Princess Street Manchester M1 4HT Banker HSBC Bank Plc 2-4 St Ann's Square Manchester M2 7HD
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MANCHESTER YOUTH EMPOWERMENT CLUB (MYEC)
TRUSTEES’ REPORT
About Us
Our Club aims to empower young people by fostering activities that enhance their physical, social, and emotional well-being. We utilise sport, music, drama, seminars, and career advice to steer young people away from crime, drugs, and antisocial behaviour.
The Trustees submit their report along with the financial statements of the charity for the year ending 31 March 2025. The financial statements have been prepared in line with the accounting policies detailed on page 13 and adhere to the Charity's Trust deed and relevant legal requirements. These financial statements comply with the Charities Act 2011, the Articles of Association, and the guidelines outlined in "Accounting and Reporting by Charities: Statement Of Recommended Practice" applicable to Charities preparing their accounts under the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS102) (Charities SORP (FRS102)).
The following person served as a trustee during the period:
Olatunji E Durowoju (Chair) Adewale S Odegbesan Adeoye Wilson
Our Objects
The objects of the charity for the public benefit include;
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To promote social inclusion for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society.
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To advance in life and help young people through.
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a) The provision of recreational and leisure-time activities is provided in the
interest
of social welfare, designed to improve their conditions of life;
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b) Providing support and activities which develop their skills, capacities, and capabilities to enable them to participate in society as mature and responsible individuals.
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The prevention or relief of poverty in such parts of the world as the trustees shall decide through the provision of grants, items, and services to individuals in need and/or other organisations working to prevent or relieve poverty.
Our Mission
Encouraging youth empowerment and potential fulfilment through different activities.
STRUCTURE, GOVERNANCE AND MANAGEMENT
MYEC operates as a Charitable Incorporated Organisation under a formal Constitution. The charity is managed by the Trustees listed on page 2. New Trustees are selected by the current board based on their expertise and dedication to advancing the charity's mission and vision.
The Board of Trustees comprises professionals with backgrounds in law, education, social work, and business. They are responsible to the Charity Commission for the prudent use of charitable and public funds received in various forms, ensuring that service delivery meets appropriate performance standards. The Board convenes quarterly to oversee the charity's vision and strategies.
As the charity's activities expand, the need for increased expertise has grown. A capable management team is in place to handle the charity's daily operations. The Trustees listed on page 2 supervise these activities and maintain accountability to the public. They serve in a voluntary capacity and are not remunerated by the charity.
The Trustees remain dedicated to empowering youth intellectually.
PUBLIC BENEFIT
The Trustees are satisfied that the information provided in the report and accounts meet the public benefit reporting requirements.
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RISK ASSESSMENT
The Trustees actively review the major risks the charity faces regularly and believe that maintaining the free reserves stated, combined with reviewing controls over key financial systems carried out annually, will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks and confirmed they have established systems to mitigate them.
ACHIEVEMENTS AND PERFORMANCE
Over the past year, the Manchester Youth Empowerment Club (MYEC) has made remarkable strides in empowering young people and supporting the community. Our achievements include:
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Enhanced Digital Presence :
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Launched MYEC TV, an online TV channel offering educational and inspirational content for young people. o Successfully produced podcasts and music, providing a creative platform for youth expression and learning.
oIncreased engagement through our growing online presence, reaching more young people than ever before. -
Expanded Services and Resources :
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Secured funding from the Postcode Lottery, Heritage Lottery Fund, and Clothworker Foundation, enabling us to purchase a mini bus to enhance access to our programs.
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Increased usage of our services, reflecting our impact in the community.
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Maintained an open-door policy at our office, which remains fully open to the public, serving as a hub for community engagement.
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Youth and Community Programs :
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Provided in-person mentoring and educational support both at our centre and online, benefiting young people aged 14 to 19, especially from immigrant and disadvantaged backgrounds.
oDelivered free African instrument training, drama workshops, and other creative initiatives. -
Successfully delivered youth empowerment programs funded by the Arnold Clark Community Fund and Community Network Group.
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Community Support Initiatives :
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Strengthened our partnership with FareShare, enhancing our food bank services. We now collect groceries from Tesco and frozen chicken from Nando's on a weekly basis, ensuring consistent support for families in need. o Continued the foodbank empowerment program, providing essential relief to vulnerable households.
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Completed Project Evanesce, funded by the Heritage Lottery Fund, and commenced the inspiring Project Vogue.
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- Concluded Project Uplift, a continuation of Project Sanguine, with funding from the National Lottery.
Through these achievements, we remain steadfast in our commitment to empowering young people and uplifting our community, ensuring that everyone has access to opportunities for growth, education, and creative expression.
FINANCIAL REVIEW
The Trustees have prepared the accounting policies for Manchester Youth Empowerment Club in accordance with the requirements of the SORP and best accounting practice.
REVIEW OF THE YEAR
As of 31 March 2025, the Manchester Youth Empowerment Club recorded a total income of £76,126 , primarily generated from donations receivable ( £9,500 ) and grants receivable ( £66,626 ). Combined with the funds brought forward from 31 March 2025 of £19,002 , the total available resources for the year amounted to £95,128 .
The total expenditure for the period was £86,355 , which included operational costs and fixed asset acquisitions.
After deducting the expenditure, the total funds carried forward on 31 March 2025 stood at £8,733, reflecting a net reduction in funds of £10,269 for the period.
The financial position demonstrates the charity's effective allocation of resources while ensuring that funds are utilised to meet its operational and project-specific goals. The prudent management of both restricted and unrestricted funds ensures that the charity remains financially stable and prepared for future activities.
Balance Sheet
The Balance Sheet as of 31st March 2025 was strong, ensuring that the charity has the assets required to deliver its commitments to the young people in the community.
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RESERVES POLICY
The Trustees have adopted a reserves policy aligned with the principles outlined in the CIO constitution of the Charity Commission. This policy is designed to ensure that MYEC remains capable of meeting its objectives and obligations effectively. It also aims to maintain an appropriate balance between free reserves and the level of unrestricted cash expenditure, reflecting prudent financial management.
Definition of Terms :
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Free Reserves : These are defined as the unrestricted funds available after deducting the value of tangible fixed assets.
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Unrestricted Cash Expenditure : This represents the charity’s operating costs for the year, excluding depreciation charges.
MYEC’s financial strategy does not prioritise the accumulation of significant reserves. Instead, the charity relies on the ongoing generosity of its donors to meet future costs and sustain its operations. However, to safeguard against unforeseen financial challenges, the charity aims to maintain a reserve equivalent to three months of operational costs. This prudent approach ensures the organisation can continue its work uninterrupted, even in the face of unexpected expenditures.
RISK POLICY
The Trustees conduct an ongoing review of significant risks as part of their regular monitoring and reporting activities. Internal risks are addressed through established procedures aimed at maintaining robust child protection measures, ensuring fire safety, and performing comprehensive health and safety inspections within all areas where the Charity operates.
To further safeguard the organisation, financial risks are managed through stringent protocols for authorising all transactions. These protocols are reviewed and updated regularly to ensure continued compliance with regulatory standards and to maintain financial integrity.
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PLANS FOR FUTURE PERIODS
Building on our achievements during 2025, the Manchester Youth Empowerment Club (MYEC) will continue to strengthen and extend its activities over the 2025/26 period. Our main priorities are:
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Maximising the impact of the MYEC minibus
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Following a full year of using the minibus funded by The Clothworkers’ Foundation, we plan to schedule more regular pickups from high-need neighbourhoods so that young people who face financial or transport barriers can attend mentoring, homework clubs, heritage workshops, conferences and weekend activities. The vehicle will also be used to support our foodbank collections and deliveries, improving the reach of our community support programmes.
Scaling addiction-prevention and wellbeing programs
We will deepen our work on social media and vaping addiction by increasing the frequency of seminars, workshops and mentoring sessions described on our “About Us”
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and “What We Do” pages. This includes developing more structured small-group programmes that combine education, counselling-style conversations, sport, music and drama as protective factors for young people, especially those from asylum-seeker and refugee backgrounds.
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Extending cultural heritage initiatives and Project Vogue legacy
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After completing Cultural Evanesce and progressing Project Vogue, we will focus on sustaining and sharing the heritage materials already created (films, interviews, performances) and using them as a springboard for new youth-led Yoruba and African heritage strands. In the next period, we intend to develop a further heritage project, subject to funding, that explores traditional family and community ceremonies through oral history, creative arts and film, building confidence and cultural pride among participants.
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Growing MYEC TV and digital youth voice
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We will invest time and volunteer capacity into MYEC TV and related media channels, using them as a home for talk shows, podcasts and youth-led discussions such as the Teenager Talkshow already advertised through partner platforms. We aim to publish more consistent content, give young people editorial and presenting roles, and use digital media to reach those who cannot attend in-person sessions because of caring duties, disability, anxiety or distance.
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Strengthening education, maths and life-skills support We plan to expand our educational support work, including GCSE maths and algebra support, study-skills sessions, and exam-readiness workshops in line with the “Educational Project” outlined on our website. Alongside this, we intend to grow our financial-literacy and employability offer through activities such as the Sanguine finance-focused events promoted on our social media, helping young people understand money, careers, and enterprise practically.
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Developing music, drama and creative pathways
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Building on our existing music production, drama and instrument-training work, we will offer more structured programmes that culminate in live showcases and recorded outputs for MYEC TV. These creative pathways will remain central tools for self-expression, confidencebuilding and positive peer networks, particularly for young people who struggle with mainstream education or who are at risk of exclusion.
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Expanding foodbank and cost-of-living support
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We will continue to strengthen our foodbank, including regular collections from partners such as Tesco and Nando’s, and use the minibus where appropriate to support logistics. Our goal is to keep providing practical support to families on low incomes, reduce the pressure that can push young people into crime, and link food support with mentoring, advice and signposting.
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Improving infrastructure, governance and fundraising capacity Following our move to the Spaces Peter House office and our registration with the Fundraising Regulator, we will improve our systems for monitoring outcomes, handling referrals and communicating with supporters. This includes better use of digital tools, refined safeguarding and data-protection procedures, and work to broaden the charity’s income base through grants, individual giving and corporate partnerships, so that services remain stable and sustainable.
Through these plans, the trustees intend to consolidate MYEC’s role as a safe, trusted and creative space for young people in Manchester, increasing access to opportunity, protecting those at risk, and supporting families who are under financial and social pressure.
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TRUSTEES' RESPONSIBILITIES
Charity Law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of its financial activities for that year, together with its assets and liabilities at the end of the year, adequately distinguishing any material, special trust, or other restricted funds of the charity. In preparing those financial statements, the directors are required to:
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a) select suitable accounting policies and then apply them consistently;
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b) make judgments and estimates that are reasonable and prudent;
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c) state whether the policies adopted are in accordance with the appropriate SORP on accounting by charities and the Accounting Regulations and with applicable accounting standards subject to any material departures disclosed and explained in the financial statements; and
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d) prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue in its activities.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Statements of Recommended Practice and the regulations made under section of the Charities Act 2011.
They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and irregularities. The trustees have the power to invest in such Assets as they see fit.
Date: 30 November 2025
Trustee Name of Trustee: Olatunji E Durowoju
The Trustees declared that they have approved of the Trustees' report above.
Signed on behalf of the charity's Trustees.
Olatunji E Durowoju (Chair)
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Independent Examiner’s Report To the members of
MANCHESTER YOUTH EMPOWERMENT CLUB (MYEC)
I report on the accounts of Manchester Youth Empowerment Club for the year ended 31 March 2025, which are set out on pages 14 to 19.
Respective responsibilities of trustees and examiner
The trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Act and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the Charities Act;
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to follow the procedures laid down in the general directions given by the Charity. Commission under section 145(5)(b) of the Act; and
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to state whether particular matters have come to my attention.
Basis of the independent examiner's statement
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking such explanations from you as trustees concerning any matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in, any material respect:
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accounting records were not kept in accordance with section 130 of the Charities Act or
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the accounts do not accord with the accounting records; or
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- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008, other than any requirement that the accounts give a ‘true and fair’ view, which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Charles Adegoroye FCCA, FCA
Xpatlink Accountants Limited
91, Princess Street Manchester
M1 4HT
Signed: 30th November 2025
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Income and expenditure summary
| Note Income Income from charitable actvites: Operaton of the Charity 2 Fund brought forward (from 31 March 2024) Total income |
31 March 2025 31 March 2024 76,126 52,186 19,002 26,042 95,128 78,228 95,128 78,228 86,395 59,226 8,773 19,002 |
|---|---|
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Expenditure
Expenditure on charitable activities:
Operation of the charity 3
Fixed assets
Tangible assets 4
Total expenditure
Total funds carried forward
Olatunji Emmanuel Durowoju
Chair Trustees
Approved by the board on 30th November 2025
Notes to the financial statements | Year ended 31 March 2025
1. Accounting Policies
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).
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Manchester Youth Empowerment Club meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Going concern basis of accounting
The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves. There are no material uncertainties about the charity's ability to continue as a going concern.
Fund accountng
General reserves are unrestricted funds that are available for use at the Trustees’ discretion in furtherance of the objects of the charity.
Incoming resources
All incoming resources are included in the SOFA when the charity is legally entitled to the income, is reasonably certain of receipt and the amount can be measured with sufficient reliability. In accordance with the SORP, no value has been attributed to the work performed by volunteers, although their work is considered vital to the activities of the charity.
Donations and gifts
Donations and gifts consist of the total donations from individuals, trusts and corporates, along with income from fundraising events.
Resources expended.
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Costs of generating funds are those incurred in seeking voluntary income and do not include the costs of disseminating information in support of the charitable activities.
Grants
Grants to the charity are accounted for as soon as charity is notified of its legal entitlement and the amount due. Resources expended are included in the Statement of Financial Activities on an accrual basis.
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181 Page
MANCHESTER YOUTH EMPOWERMENT CLUB
Balance Sheet as of 31 March 2025
| alance Sheet as of 31 March 2025 | |||
|---|---|---|---|
| Note | 31 March 2025 | 31 March | |
| 2024 | |||
| Current assets | |||
| Cash at the bank and in hand | 5 | 8,773 | 19,002 |
| Total assets | 8,773 | 19,002 |
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| Funds | |||
|---|---|---|---|
| Restricted funds | 846 | 10,752 | |
| Unrestricted funds | 6 | 7,927 | 8,250 |
| Total funds carried forward | 8,773 | 19,002 |
Notes to the financial statements
Year ended 31 March 2025
2 Income - Operation of the charity
| Donatons receivable Grant receivable Total Expenditure - Operaton of the charity Rent Insurance Website subscripton and support Kahoot subscripton Electronic posters Management Exp / sundries Zoom subscripton Bank Charges |
31 Mar 2025 31 Mar 2024 9,500 10,000 66,626 42,186 76,126 52,186 |
|---|---|
| 31 Mar 2025 31 Mar 2024 7,389 6,180 268 160 450 450 73 73 343 260 1,667 896 173 173 75 73 |
3 Expenditure - Operation of the charity
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| Vehicle Insurance/exp Table tennis / Musical Equipment / Musical Producton Road Tax Ofce expenses Projects Clothworker Foundaton Project Vogue/Heritage Postcode Lotery Groundwork Arnold Clark Other project expenses Total 4 Fixed assets Tangible assets Mini Bus Table Tennis Musical Equipment Computer Equipment Total |
2,410 1,530 - 680 - 540 - 323 350 350 853 - - 10,000 55,076 27,638 9,500 9,500 2,653 500 1,000 - 4,115 - 86,395 59,326 |
|---|---|
| 31 Mar 2025 31 Mar 2024 - 10,000 - 680 - 540 853 - 853 11,220 |
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5 Cash at the bank and in hand
| 31 | Mar 2025 | 31 Mar 2024 | |
|---|---|---|---|
| Bank | 8,733 | 19,002 | |
| Cash | 0 | 0 | |
| Total | 8,733 | 19,002 |
During the year, there was no specific appeal for funds toward specific needs. It was classified as restricted and spent as intended from the previous fund balances.
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