OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-31-accounts

FINANCIAL STATEMENTS FOR THE PERIOD 31 January 2022 to 31 MARCH 2023

M13 YOUTH PROJECT

Registered Charity No. 1197730

Coverdale Lads’ Group Fifth Anniversary Celebrations

M13 YOUTH PROJECT

INDEX

PAGE NUMBER
2-16
17
18
19
20
21-27
28		 CONTENTS
TRUSTEES ANNUAL REPORT
INDEPENDENT EXAMINERS REPORT
STATEMENT OF FINANCIAL ACTIVITIES
BALANCE SHEET
STATEMENT OF CASH FLOWS
NOTES TO THE ACCOUNTS
TRADITIONAL INCOME AND EXPENDITURE ACCOUNT
(FOR MANAGEMENT PURPOSES ONLY

2

M13 YOUTH PROJECT

Reference and administrative information

Charity Name: M13 Youth Project Charity Number: 1197730

Trustees (at the date the report is approved) Maxine Rawlings Chair of Trustees Timothy Craft Treasurer Adanna Lazz-Onyenobi Louise Kenyon Secretary Matthew Harrison Kane Willis (appointed October 2022)

Senior Management Team

Helen Gatenby (Manager) Gabriel Oyediwura (Senior Worker)

Principal Office

35 Portland Crescent Longsight Manchester M13 0BU

Independent Examiners

Community Accountancy Service Limited The Grange Pilgrim Drive Beswick Manchester M11 3TQ

Bankers

Co-operative Bank Triodos Bank 101 Balloon Street Deanery Road Manchester Bristol M60 4EP BS1 5AS

Professional Advisors

NatWest Mentors

More information about our activities can be obtained from the M13 office; 0161 225 0201, via email, info@m13youthproject.org.uk or through our website, www.m13youthproject.org.uk

3

M13 YOUTH PROJECT

Report of the trustees for the period 31[st] January 2022 to 31[st] March 2023

The trustees present their annual report and financial statements of the charity for the period 31[st] January 2022 to 31[st] March 2023. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard Applicable in the UK and Republic of Ireland published (FRS 102) (effective 1 January 2019).

Grove HAF Summer PlayScheme

Introduction – An Old Organisation, a New CIO

“The most important change for me this year has been getting a job and M13 really helped me with that, especially the interview. It’s given me something to do, I really enjoy it and I’m earning legit money. I’ve learned new cooking skills and got my qualification in Food Hygiene. My time management has got better because of the job and I’m much more confident talking with my colleagues at work and customers.” Young man, 16yrs

We are delighted that after 28 years of creative work with young people, M13 Youth Project has transitioned from an unincorporated charity to a CIO, No. 1197730. This change of legal structure (from an unincorporated to an incorporated charity) enables us to better serve the needs of young people through a more flexible, robust and responsive organisation.

The Trustees from the former charity oversaw the organisational change process, seeking agreement from the membership and staff – and they make up the founding Trustees of the new CIO, bringing with them their years of Trustee wisdom and experience, and creating stability during the transition.

The Charity Commission agreed our constitution and granted us CIO status at the end of January 2022. Then began the hard work of getting everything ready for us to start trading as the CIO, including: setting up new bank accounts, transitioning policies and procedures, liaising with funders and partners, re-directing payments, arranging insurance and, with the appropriate consents, transfering all our assets ‘overnight’ – including staff and insurance – from the former charity over to

4

M13 YOUTH PROJECT

the CIO to effect a ‘seamless’ transfer, so as not to interrupt our work with young people. We were very grateful for this.

We ended trading as the former charity at the close of play on 12[th] July 2022 and starting trading as M13 Youth Project, CIO No. 1197730 at start of work on 13[th] July 2022: and no youth work sessions were lost in the handling of the changeover! The Charity Commission actioned our request to close down the old Charity in October 2022.

This report summarises the work done during the eight and a half months from start of trading as the CIO, 13[th] July ’22, through to 31[st] March ’23.

Coverdale HAF Summer PlayScheme – Outdoor Cooking

Objectives and Activities

M13 Youth Project are very proud to have been creatively working together with young people in Ardwick since 1995, fostering fun, learning, action and change. We believe all young people can love, think, create, reflect, enjoy and take action to make a positive difference in the world; and we’ve been privileged to see young people developing these attributes and taking action to support themselves and others through many years of working creatively together. We work from an inclusive Christian value-base, using the principles and practices of youth work and informal education, supported by trauma-informed practices and interventions, to enable young people to: feel safe, reconnect with their worth, develop resilience and resilient networks and to identify and achieve the things in their lives that have value and meaning to them.

M13 YOUTH PROJECT

5

The Project was established by our current founder/manager, Dr Helen Gatenby, to offer inspiring activities, opportunities and vital support to young people in Ardwick. In 1998, we became a Registered Charity No. 1069401, took on more staff and began regular detached youth work, meeting young people in the places in the community they choose to hang out and developing further activities together from there. Through the years, the project has learned and grown: in 2018 taking on city-wide support of young dads and becoming lead partner of the A6 Youth & Play Partnership; in 2020 taking on the role of Strategic Lead for Detached Youth Work in the city; and in June 2022, pioneering detached youth work in Hulme.

Lads’ Residential in the Lake District – Caving and Cooking

Our three main areas of work are:

Our main activities are:

From these relationships and conversations, young people and workers together create:

6

M13 YOUTH PROJECT

These activities and opportunities all meet the needs, interests and concerns of local children, young people and young parents. We work paying particular attention to the Christian principles of love, welcome, grace and justice .

Charitable Objectives

The charity’s objects are:

The trustees confirm that they have referred to the Charity Commission’s 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 its charitable purposes for the public benefit through the development of social, leisure and learning activities for children, young people, and young parents staffed by professional youth workers, which foster community, offer support and guidance and which promote fun, learning, action and change.

M13 YOUTH PROJECT

7

A review of our achievements and performance: Highlights of the period

Relationships, Conversation and Detached Youth Work

Relationships are the heart and soul of our work with young people – spending time in conversation and activity with young people in a variety of settings, developing humansing relationships characterised by trust, affirmation, appreciation, dignity, enjoyment and learning; where we work together on issues that are of importance to young people; and where workers and young people have fun, learn, take action and see positive change lived out, amongst ourselves and our communities.

If our relationships with young people can be described as the ‘heart and soul’ of our work, our ‘engine’ is ‘detached youth work’ – being available in the spaces and places in our communities where children and young people choose to spend their time. Detached youth work is our primary means of engagement with young people: purposefully spending time in our communities every day; meeting, listening to and talking with young people; and from there, developing further activities together, chosen by young people, such as: trips, group work, residentials, projects, workshops, accredited learning, volunteering, personal and community action. All our activities are young people-led; and support their learning about life.

Coverdale Lads’ Group Fifth Anniversary Celebrations & Reflections

During this period, we engaged with 700 children, young people and young parents whose names we know - in detached youth work it’s not always possible or appropriate to collect such information in the very early stages of building a relationship. This can be broken down into 593 unique participants in Ardwick, 93 in Hulme and 14 young dads. Of these, we have worked regularly and/or in some depth with 175 children, young people and young parents through frequent street-contact, significant conversations, weekly support groups and one-to-one support (either online, phone or face-to-face).

Total Contacts: 700

Male identifying: 418

Female identifying: 282

8

M13 YOUTH PROJECT

Age Breakdown:

Breakdown:
0 – 4yrs 1.5%
5 – 8 yrs 16%
9 – 12 yrs 35.1%
13 – 19 yrs 35.4%
20 – 25 yrs 2%
unknown 10%

Ethnicity Breakdown:

hnicity Breakdown:
Asian Heritage 9.6%
African Diaspora Heritage 34%
Mixed Heritage 10.6%
British / European Heritage 18.4%
Prefer not to say 1.2%
Unknown 26.2%

Our weekly timetable

A typical work-week consisted of 10 street-based detached sessions (7 in Ardwick, 3 in Hulme), 4 building-based group work sessions (3 lads, 1 girls), 1 basketball session , 1 football session (JanMar) and 2 young dads’/parents’ sessions . We delivered work through 36 (out of 38) weeks of this ‘year’, averaging 16.25 sessions per week.

Detached sessions were scheduled regularly at times young people were out and about after school and in the evening, at the following times:

Monday – 7pm-9pm Tuesday – 3.30pm-6pm Wednesday – 3.30pm-6pm and 7pm-9pm Thursday – 3.30pm-6pm and 7pm-9pm Friday – 3.30pm-6pm

Through detached youth work and our outdoor play activities, staff spent approximately 1,580 worker hours out and about in our communities this year.

From our street-based relational work, young people have developed the following building-based work together with us:

Monday – Younger Lads Group 4-6pm Monday – Football 5-6.30pm (Jan – Mar) Tuesday – Coverdale Lads Group 4.30pm-6.15pm Tuesday – Brunswick Older Lads Drop-In 7.30pm-9.30pm Wednesday – Basketball 4.30pm-6pm Thursday – Older Girls’ Group 7pm-9pm

Young Dads’ drop-ins were held on Monday afternoons and 1-1 work was arranged at times to suit the young parents.

Over the course of the period we delivered the following:

297 Detached sessions 20 One-to-One support sessions 94 Lads’ Group & Drop-In Sessions 13 Trips 33 Girls’ Group Sessions 11 Football Sessions 30 HAF Multi-Sports & Games sessions 5 Project Sessions 28 Basketball sessions 1 3-day, 2-night lads’ residential 26 Young Dads’ Outreach Drop-Ins

9

M13 YOUTH PROJECT

Girls’ Mental Health Group Trips

Highlights of the Year (in addition to all our detached youth and group work!)

July •
We start trading as the CIO.
•
Our community-rooted detached youth work continues in Ardwick and Hulme,
as does our Young Dads’ Project from the work of the previous incarnation of
M13 Youth Project.
July/
August		 •
Training, preparation and delivery of our Summer HAF Playscheme (Holiday
Activity and Food) Programme in Ardwick, engaging 134 children aged 6-13yrs.
•
Brunswick Summer Pop-up Group
•
Alton Towers cross-area day trip
•
Ardwick Girls’ Group mental health development day and sleepover
•
Gullivers’ World Community day trip
•
Coverdale Lads’ Group 5-yr Anniversary Celebration
•
Brunswick Lads’ Group3-day,2-night Residential in the Lake District
September •
Return to ‘normal’ detached andgroups after all the summer activities
October •
Lads’ Cinema Trip to see ‘The Woman King’, exploring female sterotyping.
•
Brunswick Lads’ Contact Theatre Trip to a Spoken work event, exploring
masculinity, being a black man, racism, Empire, sense of identity.
•
Half-Term HAF Playscheme
•
‘Here and Now’ Immersive/Participative Learning Drama, exploring internet
grooming into radical activities
•
Girls’ Contact Theatre trip to see ‘Halo’, exploring the protection and celebration
of Black hair and hairstyles and young women’s experience in schools in relation
to their hair
•
Brunswick Lads’ Sleepover, planned bythegroup
November •
Girls’ Bonfire Night Fun
•
Older Girls’ Mental Health night: meal out and trip to the Lowry to see Bombay
Superstar

10

M13 YOUTH PROJECT

•
Joint Lads’ and Girls’ trip to Contact to 20 Stories High; exploring the stories of
working class and global majority young people
•
Young Lads’Group trip to the cinema to see Black Panther: Wakanda Forever,
exploring Black emppowerment
•
Joint Girls’ and Lads’ ‘White Ribbon’ Event, campaigning to end men’s violence
against women
December •
Girls’ trip to Hope Mill Theatre to see Cinderella, exploring a new twist on an old
tale
•
Supporting Swinton Grove Community Christmas Lights Switch-on
•
Cross-area M13 Christmas Party, food, drink, games, challenge and thoughtful
seasonalprovocations.
January •
Received Youth Justice Sport Fund 3-month grant to maintain basketball work
and set up weekly football session, supporting vulnerable young men
•
Girls’ group members attended StopWatch event, exploring young women’s
experience of thepolice and criminaljustice system
February •
Brunswick Lads’ Group attend ‘#BlackBoyJoyGone’ event at HOME, opening up
conversations around mental health, trauma and finding strength through
brotherhood.
•
Brunswick Lads’ Karting Trip, planned by the lads
•
Joint Lads and Girls’ trip to The Archertype – an ‘archer Tag’ arena, testing their
nerve, aim and ingenuity
•
Coverdale Lads’ Chess Competition Event
March •
Lots of staff training: MCC Racial Equity Conference; Radequal training
(Safeguarding, Far Right and Incels Ideology awareness; critical thinking around
Fake News and Conspiracy Theories); Youth at Risk NVQ L1 Training; Managing
ChallengingBehaviour.

Young Women’s Mental Health Group Activities: Making Onigiri & Stress-busting

11

M13 YOUTH PROJECT

What Young People Say About Us

M13 Events: Summer BBQ & Christmas Party

12

M13 YOUTH PROJECT

Coverdale HAF Summer PlayScheme – Ready for Winter Detached Work on the Streets

13

M13 YOUTH PROJECT

Strategic Organisational Development

The A6 Youth & Play Partnership

We continue to work with and value our effective and creative partnership with Anson Cabin and Levenshulme Youth Project, founder members the A6 Youth & Play Partnership; supporting each other and developing small projects with each other. We currently have two grants as a partnership: from Manchester City Council’s Youth & Play Fund; and UKYouth’s Thriving Minds fund.

City-wide Strategic Lead for Detached Youth Work

M13 was awarded a continuation grant from Manchester City Council for Strategic Leadership work relating to detached youth work across the city. This has involved convening and leading a steering group of experienced detached youth workers and managers from Manchester projects; meeting to identify areas for learning; sharing our collective wisdom and experience; offering online and inperson training and development to both new and more experienced workers; supporting managers of detached youth work; and offering strategic support around policy and funding at city-wide level. In June 2022, we published the Common Protocols for Detached Youth Work in Manchester, developed in partnerrship with agencies and detached youth workers in Manchester and with Graeme Tiffany. Due to popular demand, we reprinted it in November.

14

M13 YOUTH PROJECT

Financial review

We are pleased to have made the transition from a charity to a CIO, receiving the assets of the former charity, M13 Youth Project, on start of trading on 13[th] July 2022. This included: £195,729 of restricted funds; £147,372 of unrestricted and designated funds; and physical assets to be depreciated (see Note 10), including a minbus and computers, totalling £42,478. We are grateful to our bankers, accountant, funders, supporters and our administrator, Sally Jones, for work done and support given through this process.

We are grateful for another stable financial year, despite the financial pressure many continue to face. This has enabled us to maintain a consistent service to children and young people, offering regular, safe community-based detached youth work, play work and support groups to young people, as well as responding flexibly to young people’s-specific needs.

We have maintained positive funding relationships with grant givers and donors through the transition, liaising with them about our continuation of the work of the former charity.

Consequently, all funders with a commitment to supporting our work prior to the CIO change over have continued their funding relationship with us and we successfully attracted some new, shortterm funding from the Youth Justice Sports Fund, via Street Games UK. Our funders continue to give us positive feedback on our work and reporting, for which we are very grateful.

The transfer explains our somewhat unusual end-of-period position of having an income of £100,534, and a much larger expenditure of £192,077. The ‘deficit’ is offset by the money transferred from the old charity, some of which was restricted grant income for the full year Apr22 – Mar-23, received by the old charity in the months from April – July ‘22 before the CIO started trading. The restricted grants transferred over show as opening balances in Note 15. Our resulting overall end of year fund balances are in line with those reported for the old charity in previous years.

Our largest expenditure was on staffing costs, enabling us to be more available to young people, in line with our principle that our staff are the most important resource we can offer young people. Second to this is money spent on youth and play work activities; and food represents a large portion of this expense.

We have inherited and carry forward Restricted Funds of £107,458, of which £31,415 represents fixed assets to be depreciated (the minibus and computers). Some of this is due to Covid restrictions preventing the previous charity from completing work; and, in liaison with funders, we have made provision to complete spend of these funds in the coming financial years.

In line with our policy, Trustees increased the Designated Redundancy and Notice Fund, to maintain it at the level needed to cover the Charity's obligations in the event of closure. At the period-end, this sat at £60,216. We are grateful once again that we have not had to use it.

In addition, at the end of the accounting period, we have a healthy General Fund balance of £83,884. At just over 4 months of projected annual costs (approx £252,000), this remains within our policy

15

M13 YOUTH PROJECT

level of retaining between 4 and 6 months’ of running costs in general reserves, maintaining the project in a reasonable position to withstand further challenging financial times.

Investment powers and policy

The trustees, having regard to the liquidity requirements of operating the charity, have kept available funds in an interest bearing deposit account.

Reserves policy and going concern

The balance held in unrestricted reserves at 31[st] March 2023 was £83,884 of which all are free reserves, after allowing for funds tied up in tangible fixed assets.

The trustees aim to maintain free reserves in unrestricted funds at a level which equates to between four and six months of charitable expenditure. The trustees consider that this level will provide stability for the project’s work, being sufficient to: maintain the work in the event of an unexpected loss of income; keep workers employed (avoiding having to make quality staff redundant); and giving time to raise further funds.

The Charity's main source of income is grants and fees. The Trustees consider that it is appropriate to prepare the accounts on a going concern basis and, consequently, the accounts do not include any adjustments that would be necessary if these sources of income should cease.

Risk management

The trustees have conducted a review of the major risks to which the charity is exposed and systems have been established to mitigate those risks.

Plans for Future Periods

Subject to satisfactory funding arrangements, the Project will continue to provide detached, development and support work, drawing on the principles and practices of informal education together with children and young people in Ardwick and Hulme, and young parents city-wide, to meet their needs and to foster fun learning, action and change. We have a number of projects in the pipeline for the coming year, including; Summer HAF work, a BBQ, trips, sleepovers and a residential planned by young people and the ChangeMakers Project, in partnership with UKYouth.

Structure, governance and management

M13 Youth Project is registered with the Charity Commission as a Charitable Incorporated Organisation and is constituted under a trust deed dated 31 January 2022.

Appointment of trustees

New trustees are appointed by existing trustees and serve for 3 years after which they may put themselves forward for re-appointment. The Trust Deed provides for a minimum of 3 trustees.

At the quarterly trustee meetings, the trustees agree the broad strategy and areas of activity for the Charity, including investment, reserves and risk management policies and performance. The day to day administration of the Charity is delegated to the Project Manager.

16

M13 YOUTH PROJECT

Trustee induction and training

Most Trustees are already familiar with the work of the charity as a result of either their work within a partner organisation or as a volunteer, or their work in the local community. Additionally, new trustees familiarise themselves with the roles and responsibilities of Trustees as set out by the charity commission. Training is organised as the need arises and when identified.

Trustees responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable 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 trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position 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 assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the trustees on 24[th ] May 2023 and signed on their behalf by Maxine Rawlings:

Maxine Rawlings CHAIR of TRUSTEES

17

M13 YOUTH PROJECT

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF M13 YOUTH PROJECT REGISTERED CHARITY NO. 1197730

I report on the accounts of the charity, for the period 31[st] January 2022 to 31[st] March 2023 which are set out on pages 18 to 27.

Respective Responsibilities of trustees and Examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity is preparing accrued accounts and I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants.

It is my responsibility to:

Basis of Independent Examiner’s Report

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 explanations from you as trustees concerning any such 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 below.

Independent Examiner’s Statement

In connection with my examination, no matter has come to my attention:

AM King FCCA Date: 24[th] May 2023

Community Accountancy Service Ltd The Grange, Pilgrim Drive, Beswick, Manchester, M11 3TQ

18

M13 YOUTH PROJECT

STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 31st JANUARY 2022 TO 31st MARCH 2023

(including Income and Expenditure Account)

Further Details
Income from:
Donations and legacies
(3)
Charitable Activities
(4)
Investment Income
Other
Total
Expenditure on:
Charitable Activities
(5)
Other
(5)
Total
Net income/(expenditure)
Transfers between funds
(14)
Net movement in funds
Reconciliation of funds
Funds transferred from M13 Youth Project 1069401
(14)
Total funds carried forward
(14)		 Total Funds
Unrestricted
Funds
Restricted
Funds
Period
31.01.22 to
31.03.23
£
£
£
2,108
-
2,108
9,582
86,649
96,231
1,943
-
1,943
252
-
252
13,885
86,649
100,534
17,132
174,920
192,052
25
-
25
17,157
174,920
192,077
.
(3,272)
(88,271)
(91,543)
-
-
-
(3,272)
(88,271)
(91,543)
147,372
195,729
343,101
144,100
107,458
251,558

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 21 to 27 form part of these accounts.

19

M13 YOUTH PROJECT

BALANCE SHEET AS AT 31 MARCH 2023

Notes
Fixed assets:
Tangible assets
(10)
Total fixed assets
Current assets:
Debtors
(12)
Cash at Bank & in Hand
Total current assets
Liabilities:
Creditors: Amounts falling due within one year
(13)
Net current assets or liabilities
Total assets less current liabilities
Total net assets or liabilities
The funds of the charity:
Restricted income funds
(14)
Unrestricted income funds
(14)
Total charity funds
Approved by the trustees on 24th May 2023
Maxine Rawlings
Timothy Craft		 2023
£
31,415
31,415
50,134
286,293
336,427
116,284
220,143
251,558
251,558
107,458
144,100
251,558
Chair
Treasurer

The notes on pages 21 to 27 form part of these accounts.

20

M13 YOUTH PROJECT

Statement of Cash Flows for the period ending 31st March 2023

Reconciliation of net movement in funds to net cash flow from operating activities

Reconciliation of net movement in funds to net cash flow from operating activities
Net movement in funds
Add back depreciation
Deduct investment income
Decrease/(increase) in debtors
Increase/(decrease) in creditors
Net cash used in operating activities
Cash flows from investment activities:
Interest
Purchase of fixed assets
Net cash provided by investing activities
Increase/(decrease) in cash and cash equivalents during the year
Cash and cash equivalents transferred from M13 Youth Project 1069401
Cash and cash equivalents brought forward
Cash and cash equivalents carried forward		 Period
31.01.22 to
31.03.23
£
(91,543)
8,646
(1,943)
(50,134)
116,284
(18,690)
1,943
(1,698)
245
(18,445)
304,738
-
286,293

21

M13 YOUTH PROJECT

Notes to the accounts for the period 31st January 2022 to 31st March 2023

1. Accounting policies

(a) Basis of preparation and assessment of going concern

The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

(b) Funds structure

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust deed. There are 25 restricted funds.

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have created a fund for a specific purpose.

Further details of each fund are disclosed in note 17.

(c) Income recognition

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

The charity receives grants which are solely to be distributed to third parties. These grants do not form part of these accounts.

(d) Expenditure Recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. For more information on this attribution refer to note (f) below.

(e) Irrecoverable VAT

Irrecoverable VAT is charged against the expenditure heading for which it was incurred.

(f) Allocation of support and governance costs

Support costs have been allocated between governance costs and other support costs. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to independent examination and legal fees together with an apportionment of overhead and support costs.

Governance costs and support costs relating to charitable activities have been apportioned based on the type of expense.

The allocation of support and governance costs is analysed in note 8.

(g) Costs of raising funds

The charity does not have any costs of raising funds.

22

M13 YOUTH PROJECT

Notes to the accounts for the period 31st January 2022 to 31st March 2023

(h) Charitable Activities

Costs of charitable activities include governance costs and an apportionment of support costs as shown in note 7.

(i) Tangible fixed assets and depreciation

All assets costing more than £500 are capitalised and valued at historical cost. Depreciation is charged on the following basis:

Computers and equipment 33.33% on cost Minibus 25% on cost

(j) Realised gains and losses

All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at the year end and their varying value. Realised and unrealised investment gains and losses are combined in the Statement of Financial Activities.

(k) Pensions

The charity currently administers contributions to a pension scheme on behalf of individuals.

(l) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

(m) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

2. Related party transactions and trustees' expenses and remuneration

The trustees all give freely their time and expertise without any form of remuneration or other benefit in cash or kind. Expenses paid to the trustees in the year totalled £nil.

3. Donations and Legacies

Donations
Gift Aid		 Unrestricted
Restricted
Total Funds
Period
31.01.22 to
31.03.23
Period
31.01.22 to
31.03.23
Period
31.01.22 to
31.03.23
£
£
£
2,063
-
2,063
45
-
45
2,108
-
2,108

23

M13 YOUTH PROJECT

Notes to the accounts for the period 31st January 2022 to 31st March 2023

4. Income from charitable activities

Fees
Income from Young People
Restricted grants:
Manchester City Council - Hulme
Manchester City Council - Radequal
The Pilgrim Trust
Youth Justice Sport Fund
Your Housing Group
BBC Children in Need Additional Grant		 Unrestricted
Restricted
Total Funds
Period
31.01.22 to
31.03.23
Period
31.01.22 to
31.03.23
Period
31.01.22 to
31.03.23
£
£
£
8,538
-
8,538
1,044
-
1,044
-
29,331
29,331
-
3,860
3,860
-
30,000
30,000
-
10,958
10,958
-
12,000
12,000
-
500
500
9,582
86,649
96,231

5. Expenditure

Expenditure on charitable activities:
Employment Costs
Training
External Organisation/Partner Support Costs
Sessional Salaries
Youth Work, Activities and Trips
Publicity
DBS Checks
Hospitality
Subscriptions
Volunteer Expenses
Minor Equipment
Staff Travel and subsistence
Rent
Staff Uniform
Telephone
Insurance
Governance and support costs
Post, Printing & Stationery
Depreciation
Other expenditure:
General expenses
Unrestricted funds
Restricted funds		 Youth
Activities
£
136,980
1,057
3,313
4,340
28,434
231
114
408
132
408
121
531
3,600
195
318
952
1,679
593
8,646		 Period
31.01.22 to
31.03.23
£
136,980
1,057
3,313
4,340
28,434
231
114
408
132
408
121
531
3,600
195
318
952
1,679
593
8,646
192,052 192,052
25 25
25 25
192,077 192,077
17,157
174,920
192,077

24

M13 YOUTH PROJECT

Notes to the accounts for the period 31st January 2022 to 31st March 2023

6. Analysis of expenditure on charitable activities As per note 5.

7. Allocation of governance and support costs

The breakdown of support costs and how these were allocated between governance and other support costs is shown below:

Book-keeping
HR Support
Trustee Hospitality
Accountancy Fees		 General Support
Governance
Total
203
-
203
type of expense
612
-
612
type of expense
-
54
54
type of expense
-
810
810
type of expense
815
864
1,679
Basis of apportionment

8. Analysis of staff costs

Wages and Salaries
Redundancy
Holiday Pay Accrual Adjustment
Social Security Costs
Pension Costs
Support costs
Charitable activities		 Period
31.01.22 to
31.03.23
£
128,834
-
750
4,457
7,279
141,320
-
141,320
141,320

The average number of employees during the period was 9.

The charity considers its key management personnel comprises the trustees and Project Manager. The total employment benefits, including employer pension contributions of the key management personnel were £33,653. No employees have benefits in excess of £60,000.

9. Independent Examiner Fees

Independent examination fees Period
31.01.22 to
31.03.23
£
810
810

25

M13 YOUTH PROJECT

Notes to the accounts for the period 31st January 2022 to 31st March 2023

10. Tangible Fixed Assets


Cost
Transferred from M13 Youth Project 1069401
Additions
At 31st March 2023
Depreciation
Transferred from M13 Youth Project 1069401
Charge for Year
At 31st March 2023
NET BOOK VALUE
At 31st March 2023		 Minibus
Computers &
Equipment
Total
£
£
£
39,950
2,528
42,478
-
1,698
1,698
39,950
4,226
44,176
2,500
1,615
4,115
7,450
1,196
8,646
9,950
2,811
12,761
30,000
1,415
31,415

11. Stocks

The charity did not hold any stocks at the year end.

12. Analysis of debtors

Debtors
Prepayments
Other debtors		 2023
£
46,161
2,713
1,260
50,134

Debtors and prepayments related to unrestricted funds £6,250 and restricted funds £43,884.

13. Creditors: amounts falling due within one year

Creditors
Short-term compensated absences (holiday pay)
Deferred Income
Other creditors and accruals
14. Deferred income
Deferred income comprises grants received in advance
Amount deferred in year
Balance at 31 March 2023		 2023
£
58,409
2,300
54,765
810
116,284
54,765
54,765

26

M13 YOUTH PROJECT

Notes to the accounts for the period 31st January 2022 to 31st March 2023

15. Analysis of charitable funds

Analysis of movements in unrestricted funds

Analysis of movements in unrestricted funds
General Fund
Designated Fund
Name of unrestricted fund:
General Fund
Designated Fund		 Transferred
from M13 Youth
Project
1069401
Incoming
Resources
Resources
Expended
Transfers
Balance at
31.03.23
£
£
£
£
£
90,007
13,885
(17,157)
(2,851)
83,884
57,365
-
-
2,851
60,216
147,372
13,885
(17,157)
-
144,100
Description, nature and purpose of the fund
The "free reserves" after allowing for all designated funds
For redundancy provision

Analysis of movements in restricted funds

Analysis of movements in restricted funds
Manchester City Council Youth & Play
Manchester City Council SL Detached
DCMS Youth Investment Fund
Young Manchester - MCHH Thrive
Young Manchester - COSA Voice
Young Manchester - Holiday Buzz
Manchester Active - HAF
Young Manchester - Adventure Fund
Young Manchester - Covid Recovery Fund
Young Manchester - SL Detached
Young Manchester - Youth & Play
Manchester City Council - Hulme
Manchester City Council - Radequal
The Pilgrim Trust
Youth Justice Sport Fund
John Grant Davies Trust
Peter Kershaw Trust
MCC Youth Fund Small Grants
Your Housing Group
BBC Children in Need
BBC Children in Need Additional Grant
MCC - Public Health
Young Manchester - KCYPS
Youth Endowment Fund		 Transferred
from M13 Youth
Project
1069401
Incoming
Resources
Resources
Expended
Transfers
Balance at
31.03.23
£
£
£
£
£
29,944
-
(29,944)
-
-
12,437
-
(9,392)
-
3,045
41,062
-
(9,647)
-
31,415
3,049
-
-
-
3,049
4,356
-
-
-
4,356
745
-
(745)
-
-
15,747
-
(15,747)
-
-
2,393
-
(1,542)
-
851
9,425
-
(720)
-
8,705
8,824
-
(11)
-
8,813
93
-
(93)
-
-
(920)
29,331
(24,034)
-
4,377
3,231
3,860
(7,091)
-
-
(7,253)
30,000
(22,656)
-
91
-
10,958
(10,958)
-
-
3,000
-
-
-
3,000
3,430
-
-
-
3,430
4,506
-
-
-
4,506
(2,816)
12,000
(8,591)
-
593
7,505
-
(7,505)
-
-
-
500
(500)
-
-
51,585
-
(25,685)
-
25,900
5,327
-
-
-
5,327
59
-
(59)
-
-
195,729
86,649
(174,920)
-
107,458

27

M13 YOUTH PROJECT

Notes to the accounts for the period 31st January 2022 to 31st March 2023

Name of restricted fund:

Description, nature and purpose of the fund

Manchester City Council Youth & Play Manchester City Council SL Detached DCMS Youth Investment Fund

for youth and play work with young people in Ardwick. for work as the Strategic Lead for Detached Youth Work in Manchester. to purchase equipment for use with young people. The balance on this fund represents future depreciation.

Young Manchester - MCHH Thrive Young Manchester - COSA Voice Young Manchester - Holiday Buzz Manchester Active - HAF Young Manchester - Adventure Fund Young Manchester - Covid Recovery Fund

for mental health and well-being youth work with young people in Ardwick. for youth-led activity, youth voice and social action work. for hoiday activities for young people in Ardwick.

for holiday activities and food for children and young people in Ardwick. for outdoor learning activities for young people in Ardwick. for infrastructure development work for the A6 Youth and Play partnership organisations.

Young Manchester - SL Detached for work as the Strategic Lead for Detached Youth Work in Manchester. Young Manchester - Youth & Play for youth and play work with young people in Ardwick. Manchester City Council - Hulme for detached youth work with young people in Hulme. Manchester City Council - Radequal for work with young people in Ardwick around Hateful Extremism. The Pilgrim Trust for work with young people in Ardwick around mental health and well-being. Youth Justice Sport Fund using sport to engage and work with young men. John Grant Davies Trust for work with Ardwick young men around mental and physical well-being. Peter Kershaw Trust for work with young people in Coverdale. MCC Youth Fund Small Grants for work with young people across the A6 partnership. Your Housing Group for work with young people in Grove Village. BBC Children in Need for work with young men in Ardwick. BBC Children in Need Additional Grant additional "cost of living" support grant. MCC - Public Health for city-wide work with young dads and their families. Young Manchester - KCYPS for work to keep children and young people in Ardwick safe from the impact of violence. Youth Endowment Fund for detached youth work support during the Covid Pandemic for young people in Ardwick.

for work as the Strategic Lead for Detached Youth Work in Manchester. for youth and play work with young people in Ardwick. for detached youth work with young people in Hulme.

for work with young people in Ardwick around Hateful Extremism. for work with young people in Ardwick around mental health and well-being. using sport to engage and work with young men.

for work with Ardwick young men around mental and physical well-being. for work with young people in Coverdale.

for work to keep children and young people in Ardwick safe from the impact of violence.

16. Analysis of net assets between funds

16. Analysis of net assets between funds
Tangible fixed assets
Cash at bank and in hand
Other net current assets/(liabilities)
Total		 Unrestricted
funds
Designated
funds
Restricted
funds
Total 2023
£
£
£
£
-
-
31,415
31,415
80,744
60,216
145,333
286,293
3,140
-
(69,290)
(66,150)
83,884
60,216
107,458
251,558

28

M13 YOUTH PROJECT

Income and Expenditure Account Period 31st January 2022 to 31st March 2023

Income
Investment Income
Other
Donations
Gift Aid
Fees
Income from Young People
Restricted grants:
Manchester City Council - Hulme
Manchester City Council - Radequal
The Pilgrim Trust
Youth Justice Sport Fund
Your Housing Group
BBC Children in Need Additional Grant
Total Income
Expenditure
Employment Costs
Training
External Organisation/Partner Support Costs
Sessional Salaries
Youth Work, Activities and Trips
Publicity
DBS Checks
Hospitality
Subscriptions
Volunteer Expenses
Minor Equipment
Staff Travel and subsistence
Rent
Staff Uniform
Telephone
Insurance
Governance and support costs
Post, Printing & Stationery
Depreciation
General expenses
Total Expenditure
Surplus/(deficit for year)		 Period
31.01.22 to
31.03.23
£
1,943
252
2,063
45
8,538
1,044
29,331
3,860
30,000
10,958
12,000
500
100,534
136,980
1,057
3,313
4,340
28,434
231
114
408
132
408
121
531
3,600
195
318
952
1,679
593
8,646
25
192,077
(91,543)