Reglstered munber. 14W67• Chvty numbgr. 1204017 BARNSLEY YOUTH ZONE (A ¢ompary Nmltad by waTants•> TRUSTEES. REPORT AND FINANCiAL STATEMEPUS FOR THE PERIOD ENDED 30 JUNE 2024 111 AOYTIBYTrJ 2110312025 COMPANIES HOUSE
P•g• 8-11 12 13-14 Nole5 to thE lknanclal sl*mnts 15-25
(A lkned ty guarare) REFERENCE AND AOAIIIIISTRATIVE DEfAILS 1> THE COMPW4Y. rrs TRUSTEES AND ADSER9 FOR ThE PER ENDED 30 JUNE 2024 Trust••s D Barton lapwmrded 23 Feiwuary20241 T Cave lapp>nbJ 21 ju 2W231 B 8dred lapFXlmted S sept& 20241 M lapF4)vtsl 5 sept2(r24) VLCeety 1¥Fryle6 14 mnber2024l J SandSon 14 Noveffbw 2ff24) Sleplws lappDirte(I S seplwrthr22l) V Hawcrfth Iw¥ntsd 21 2023. Signed 18 Dot 20241 J Ma5rnff {appJinttd 21 JLtn• 2023. Signed 23 FebnJy 20241 numb•r 14949579 Charlty Tegistertd umb•r 1204087 Reghtwod offl¢• Sutie Ge Atri• Spa Road G1 Marthst•r BL14AG Ind•pend•nt Judllor CIL? U.K LLP 3rd ficor 56 Pttw
PARNSLEY YOLrrH ZONE (A Imtted by guar•rt•o1 TRUSTEES REPORT FOR ThE PERIOD EIIDED 30 JUNE 2024 Thè Trustees present thek afin Iwt toge1tr 11 finar4al slatemerts of tre Bamsky Yo Z& (th& Z1 for the perThl 21 ju 2023 to Jure 2LY24. Th¢ Annual reptrt str¥ws the purposes of bckn J Twstee5' report a direcl¢yg' rert under ccryany1g. The Trugtees rnfirM that Ihe Annual wort and ffflanei81 ststernents of the cli CC¢TV)y cornpty the current stsluttyy requlrerrwts. the ¢oquiraxents of the ehart8blÈ ccffiyanys goverring doeLMMnt ond the prv+ty8WYVJ d the Statement of Re¢crntnded Practic£ ISORP) aFltts chanlw preparNy their eourts acet¢d wrfh tha Fmancial Repjrling Stard in Ihe UK and RepLL of kdand IFRS1021 {affedr 1 January 2019}. Sinc• I CurPY qual$ as secSi)n 382 of th• Cryiies Acl X#]6. ts StrategK ryort requffed ef medium l¥ge cenwies Ihtr Cthywies Ad 20(6 (Stra Report and DtrecloTS' Rèwtl Regukts"ons 2013 has be•n omMeJJ. The TrLtstee5. •re a150 DwecicA5 cl ts cryryary, piesent their DKeitss' rwrt for the PU1$e5 of SeCrt 417 ofthe Compantes Aci 2tJ06 and Tnjstees. Anrn R44)rt tortr purpxes cfsection 162 01 Iht ChariliesAct 2011 th? Statemthts of the Charityknthe p•rh>J •ndui9 30 Junts 2024. Barnsley Zon• Ltd was on 21 June 2023 ICL¥npany rng1strK numbtr.. 149495791 as ¢ornpany lrted by gu¥•ilee regtstered 4$ • Ch¥ty 25 223 (Charity regtraliaN number. 1204087). Bamsl•y Y(MJth Zone te • puw bult frjr th• knn'$ 1rj pec aged &19. up lo 25 for those ¥Ah •Jdrfv)rd need& The Yolth Zons bo on Sclwaxsch lknjnd Way. at E8Btwn Gatw to thB trn centr•, Is oypecknl to wmpleie(I n sumrrw 2025. YoLth ZO Sits aongsttla lh8 vdthr tre regenwati¢)n communty spaces aThJ cfjnnxted pes. BarneV Yijth Zone il jw 8 netw of snllar >ryth wtsalions th al 61we the same prinapf8s. by thg Charity OnSKlè Youth Z9¥. ThKh is buthling 21s1 cwttury yDUth faclit¢8s a¢xc th? UK. yth Zer$ bawl w a mc#deL 7hKh has establi5h•d in 5gveral othw tow and cilies acnju th¢ounty. young fr(¥n B$y17 have aG(w to 8 vwRty offanlaslir adivilres fi)r? cost ol onty £5 for anrnwl Melersh * 50p Tre ZorE prowde a safe environment, where young pecpkn can sperd thwr lewe Iv14 hdpry each perBonlo raise thew asp¥wJns. as well as improve Ir phyEKd and menlal heallk Up lo 20 ffierent aebthtes take place nwt. 6uGh as foolball. boxlng, dlThJ, dimb4, Creati ts, #nd •Mphy[l trainwq-all fofhtst Sop per¥tslt. Thtr OnShl• Youth ZO mcthl us•s a partrrship •pprtsa¢h", dr•Hry tOg0thgr tt)• Laeal Authorty. iv¥te sÈctOf busimsws. peop wider kal communty. Thts paftnersfvip apprtsath aims to e5tsbllsh the Ycrtrth Zone riglrt in th2 heart olthE croTYllLmty fry the term, whllst meetlrgthe needs of people today. Preparnb'on Barrtsky Ycth Zonè fr4S teen takwi9 ¢e for ¥ numbtrr of ss, bbith 811 the captta fundir4 in pkce to thelop thv4 f•. and Xp4e rÈ4we knjraisiry carrpaign underway th WAI prowje the nxesswy funds rEqLMred to clale tre YrArth Zone for ts first thrg? yeor¥. F1)wIng the ol Ihe f#unco1 Ixrr•l, ske parationS are c&ryknd. and censtrVci works are prDJressMvJ. Eypeclalims ar• for sn offKAI I)pIng pkn 2026 ¥th•n Bamsws w p&Tle tan begtn to berfft frthn thr Ama2knJ Y¢yJth Zone. Pag• 2
(A ¢•mpany Itrnlt•d ty guarants• TRUSTE&Y REPORT {COIITINUEDI FOR TrIE PERIOO ENDED JO JUME 2024 ¢)vemance •nd Govgmkng dKumeDt 8amsloy Yc4rth Zon is a ctsmpany knrfed by hout rngLrl und¢w th• CCthpaTh$ Ad 2Cth, r•yistrknn number 14949579. The comparty is by ils frAntsrnAdum and of A5s0¢iati¢n dd 21 June 21Y23. IAaemertt of tre thirs i# yest th ¢trThre¢iors. It 1$ • ¢har&y re9i8tered wth the Charty Clwrffii5si on 25 2Q3. In the event ol a LP. tr wesent members and Ilthe hake ceased lo be a member within one ye¥ of sucth an e¥etrt have 9uar4rttd the ofll ¢ompany kn Ihe ¥um ex¢$8diTrJ pounds eath. Th? dir•GtiThlwslees the per)d we.. D tston lappinted 23 FebNary20241 T Cave lapwnted 21 JU 20231 8 Ebed {appOin1 S Sept•rrber 20241 IA Lang larpowited 5 Septernb8r 20241 cFeety {4)pointed 14 N0veIleT 20241 J Sandets¢n {apFoinled 14 ember 20241 M Stephens {WFolnled 5 September 2024} V Haworth l•pDinled 21 June 2023. resv•d 18 D•nkner 2f24} J Klasfaff {wiKrted 21 Jur 2023. resgngj 23 Febwary 24} R•uuthi•nt and ppolntment ofTnth¥ IDlrn¢trysl The fkst DireetC45 Wtre Ihe subscrbers to the memorandwn as rM)tffjd to C¢ryari HJuse as the first Oirectors of the Charity. A pson ¥yointed as a DirECtor thernupon t>gcomes a IAèmb¢r clthe Charty and a Director who ¢e88e8 io W office for any $¢n thereuw ceas0$ lo te a Membor of th? Ch. Director5 have Ihe F&wer to appoint. by resohjicffi. any lo bp a Difert is to xt as Sh. N Direc10 wiu lje recmited xcrydin9 10 needs d the CW Nj the suitatsjty ol p05sbJg c4ndidal•s. A nanincws apwovaj of e$try Oiredors YxAd kadto thwrapp)irrtment. Thè Menm and of Assc¢otM)n states that nLmber of mernb¢rs (Dir) Shall have fits Ma[jM and shall not be thon thrte. At the fitst Annual Gv£raf Meeling al Director5 nWSt retire and segk rthtction. At eath Subseq Annual General MiwwJ cffle Ilwd of thè t'rttors are wuired lo rpkn're by and seek rprthrt wish kn o)ntiw. The Members OF th• Charty e ts Dwedws for the l#ne and th• onty persons 1b to bè lknb8r8 of th• Charity are its t)nct Full dèlaAs of rults arp c¢ytsned in the companl5 Mnorandurn •nd AJ1iEbès of ASal] dated on In[PYatIOTr on 21 W23. maybe inspe¢#ed * thé Bamstyyrth registered Lfte. 8 Remun¢rakn Commleti. The CEO renHins rt$$t4e for the proposal of the Organtsatlon's phye8s rFmuneiation with 019h1 frcrfn the C¢ynmittee. The Cnme$hal be consuRed on the CEO'¥ proposèd tDtal pland a99r89ale emploype Costs for the next rmanryal year. includirg Ihe proposed standard annu81 satsry uplrfl, p( to Ihe sottirvj ofthw annual bud9el. A number may be presented to CommrtieewhKh Conskler econom Gondthon$. irthual and secutyolthtr OryanisatK) Organlsatlonal Slru¢ture BarneY Youlh Zone is gover1d by its Trustee 8owd tich is respmible tr setluy tF str*egic divttts.on of the Organisatv ar¥J Ihe polKy of Chwity. The Trustees cary the uttmate respoNbi&ty for COndt of Pw>3
IA Mmpary Ilffltt•d by ou•rart••J TRusTs. REP(XiT ICOIIT•IUEDI FOR ThE PERM ENOED 30 JUNE 2024 ¢peratw of the Cwganil to Sen1 maro3wnent. any ofts ¢hwity. per¥cffl ry cixnmittee as they sB• frt. Any ¢Mle$ inckmle at least Tntstso. Tho TA1•& Board is independentfrom management. Decisi(Yw are delwrroned by a simpk of In casethat the are eyl. ts Chwlrn oflh Risk maAag•m•nl The TFu61ees have crmsidered Ihe tOThK the Ch 15 ev)d ¢slabIsh $(tsblo ris managem&)t an¢S corrtml pr•dn Relat p•rtytrdn¥a¢iit) Are dLsdoEed In N(ie 1910th8 finwKiat steMe. QbJ•cthi• and xtl¥ltl•s Barndey Youlh 20.$ abj'eds Bre to hdp WKI ed( thL4lrèn ywng people reshlènt in Barn$ ond surrounding areas lewre actkni ty prmting tsir pty8ical and spiritual prrtèntKql in order Ihat they sY(Av to mabjty as dI¥I a1 mwnbers of sc< and their conthfiong of life rnay impro. We are indebted to Ihe w+rtal fundws who carnrnrtted 10 5UPWt the Youth Zone. Bamsky Metropoltian Borough CoLmcl The Br1 Famity FoundalKM. ASOS Found"orL Garfield Weston Fwnd&'on, St Jwnes's PL%e Charitabk FoUn¢jat, Na01 knthJstries, Bunwd Sunky Foundatw. Bamsley TUC Trainin9 Ltd. The Clotlhvorkers F(wndathryn. Mcnisons BP lrtwnaIkal Ltd have commrtled th•ir support to th• 8pW propd The#e fvnders have prnryded al d th• finawm n•aded ftsi the constructin and frt out of the facilty habB been instrunvtsl in drIn9 Ihe kYci¥t forward. Bamsley kletrDFdrtan Bo9h crlI •n(I ASOS hwe atso ple&Jed rebwue wpport cyerMrvJ phe earty of the Youth Zcffjg's t¥eratiM. Z¢)nè. aims to secure a toial of£3.9mto support the fitst thm y•as of ntnning Costs ofth• Youth zo, this will come from a cornbinatlon of supporters at Fourbyer PaToTh1£IOOkl and Patron knvg151£400k}. We are mowrfj positrty twdrts our target of secwirq 34 FouThJer Patr$ WIOT to C9. alongside rAhoT th• W up to rab)n IhrDuWt 2021Q4. the Chwitys Tntstw$ and partners work•d to ensure the prciect remws on cou¢. We grateful for [but suppxt of al the Youth 8arrsley y eryrts the SUPF¢AI of Onsije Zors {lY nb 1125893) in rts de¥ebpw and will becarrn a member olth• gmirwJ thsidg Y(wJth zos. Publi¢ bernfrt l th? adiw't8 ¢f the Clwity (a6 8ummis•d ab)¥el Undertak to further its charabte purposes fv)r pubfK benefit. Tr prry4tsK)n of a town tsolty for youry resporrfjs to a clear. ongong dwnand from youn9 peopk. pwerts and der c(¥m?unth fr)r and bettw places for youThJ people to go. +lJlh¢ugh providing a s¢rvirA tts 1 svjng peryte. Barnslty Ythrth ZO Trh41 focus on attendanc8 )d parti¢ipab'on by wn9 mwnbors across Ihe entme conwnunity 11 be th to eryoy ¥fford*Ae access to all Ih? Page 4
(A Iwhlied ty guarantro) TrUSTEES' REPORT (COIITINUEDI FOR THE PERIOD EMDED 30 JUNE 2024 use of Iheii bISu lirna corwwitty wll hetp reduce nsare * ar81 behaTrIr Ltsngef t•mi public benefts vKiu1e 0Ved heatth. r[8 enhCe and ¥bIlty and 9re8ter COMMlY CoheOn. The TNstèes of 8amsky y1h Zcrt bekn ¢tynplvt wlh the in ion 17 Charits"•skt 2011 to due reqwd to the wknlic t¢n¢fft bythe Chwy cryrUnkloD. Volunteern, ¢ontrlbutlo ThrrA4hout the perlod al mewers of thè Bo¥d thf Tr ffAd• ¥Th¥luab ¥olur¥y eontribukn"on$ to the Chariva work in terrns cl govemance. polessiDnal tsnesS e¥penCe. financ4al ptsnniThJ. fvndrai5iTrJ and leadirg initi8tNes a¢[ the wcixt. Such con1rbutS we. r, eqwBnl to day5 each caleTrJ rrthh. Under thè mémoranduyn al of assocthffi.. the chwa4• h the pw to rnak• ony investment ¥thh the Trustees see fft. Invtstrnents we rnlè whèrt rEquiod to fvrther the aims and objects of thé Clwtiy. The ChwAy does hold any nlments othw cash on depoyt wthh Handet5banken Flnan¢lal r11 A surrnnary ¢fth• 15 5tr bely4r. IncorThn9 $0Yr¢e$ 1,626.579 {42,542) Nel incc•Tng [exCeS 1.584.037 The Charity is SN in IÉ ely If&v4th grants and datlIS bemg vd to fund ts desgn and constructl)n of the Youth Zone. The Charity w"nUeS to eulF4ate furlher to suppfyl fvlure re¥ue •xpenses ff¢m A The Charity had total reser8 of £1.584.037 at 30 June 2tr2 ReseT¥es pollcy The Charlty has secured the fun(f$ lo th• construclion of Iha Youth kne thè Foundèr Patrua (revenuè) cnpahJn i% undew. Tho TnJst•8s have prepa prylbm ol the tspering costs expéded once the f8ciIty 15 opert The Bowd of Trustees of Bamskny Yothh Zono ha$ estaWisld a reser¥e$ poltcy vthich appropriatety rÈlle¢Xs the risks lo Ihe Clwty * wos•l. Qnc• the Youth Zone Is cyernting and in compliance wih such poltcy. ti il reguknty bolh the sum rf Wishos to hokl in rtseN•s in the nStrid•d budget arrfl the basis for th& figure. The Teser¥E8 pc4sy doos t Consithr trxp8rNJilurB is linked to restricted proAt$ by (estthled fiThJs. In rewewing the Fthlial csts thai Cld arr5e Sh a ralucti¢in in income curr0d. the TtePS have de1MIned that Yree.. reseryes shoukj be nwitsined at approximaletyT 3 months runn cosls. Th• is tsa on Ihe costs wtrn tt Youth Zone k% 4)wiwl 1$ not the10T• based on Ihè •xpÈrthJr• in th•se ac¢thJnts. Tot we5er¥es ¥t 30 June 2024 £1,584.037 01 £1.575.254 are restricted reserves and £8.783 n$tricted reserves. £1.575254 of tctsl reser¥es can onPy be reali5ed by dt5POSiNJ OtfLxed asset8. Princrpal funthg soul The Directws wish to record Ihwr thaT*5 to all thow VKlThiduab aThl Or9atTh who have mad& donatn$ pledged thw'r supw to th• wcrt of tre Charity. thts Incl all those IBled abo¥E 5 cther anoTryrnous donors. P4e5
BARNSLEY YoufH ZONE {A comwny 11m1t ty guarant) TrUSTEES' REPORT ICONTIMUEDI FOR THE PERIOD EKIED 30 1£ 2024 We cannot ove the of t1 FjndeT PaIJc c4mutt thwr SL¥)rt to gams Youth ZO so far. In partvJbr. as CC4n0no Pkn. ASOS who hwe sho¥m irmdibfe &nthu$kJsm and 91mSY the wqect, and trir onty •id to Ilw tteth.lty d our to dr•w further SUPFOrt from tre local bJ#ints$•MI phik•thwi¢ coryywnty. Future plans With dl parti•s fvNy commlted to ccnwakn of Bamsl¢y Youth Zw is lTru•n9 to execute th• construction of an nvedibb& faciffty. TrIh F4an5 tts eknte in the internr to pr(Mde 8 koming. hvJh spe¢ and •ttriNe impression to 1 ¥thng ywng peo. As constr0 pr¢)gre55es. thé Youth Zorp wil l¢x to $aniant increaae the sEe of the team v3nF4)yed: the Cl1 Exe¢uth lead on this exe19¢. ueab'ng a lorge defNw arttl siwxt team to both pad staff bt4uftteers. wdl be and inducted r¥ fthp ¢pwin9. At the same f¥ne. th• canya•Jn wil cord¥we to Ihe Yoth Zone's tamty of Founder Patron$ with a laryot of •fisurm9 that the Y¢%th Zow precyw¥ry fits¢ three Yea ol runnffjg costs 4re fvlty lunded. Bamsley Yoth Zone berth frcm a Bo*d rrfexpttd and COMItt TnJsiees. To on thi8 and preparation for full werat. orgaNSathin wdt £ontinue to eyp>J Ihè BO3 of Trust$ induding POrtfolKKs fcf finarKe. al. safeguardry, pecgle. . wh) provide elTe(vo o¥er5ight and suppyt arros the lul Spectrum of Y(xth Thè fiTraal slements ha%e been on a corKem tsa$. as th• twstees there a no mal•ria uncertainb.es w¥thn9 the chantls abilty to contiN op&atirYJ. The construthw of ihe Y¢xth Zorn is PfC43ressing wen, wth prtl c(¥YVtth •xpsd•J in May 2025. thè necessary fvlIng forth& ¢onstrucon The campaign to seawè fvndirKJ for th? cpening aTrJ LYsoin9 iswK¥n olthe Youth Zonè is also well UAdeMay. ilh $fAne IIng alrgady To maximise tr $ceSS of IhFS campaign. the tru¥tees have decided to imploment a aSEd opening dth8 Z. The Trustees {wTr ar• th• of the cLY ts the purFpJses ol ctrfnwy law) • resportsiblè for preparirry the TN8tgps' repyt arwj the nala1 Statern In xCorce ilh Iw4 and United Kingdom kc4wring &and5 (Lknited ntyk¥n GentytePtsd PiCÈ} Comp• Iw Tmsl•es to pffpar8 fffwKial lor eath final pertsl. Und•r eompy w, the Truste must not appnN¢ t fnanual statttnÈnts unb#ss th•y arn satisfied that thty gNe a truè And fair ¥ivw ot the sf4e of affaiT5 01 the Cornpary ol rts inr£¥rrin9 resrceS Bnd appbcion of resourees. irdudirg its and ¢xpendkne. frJr Ihat WI1. In these Ilnand81 atèmerl& the Tntstees are required to.. Obser the rnèthods and pl(BIeS oflhe chafiti.es SORP (FRS 102}: mak•lLments eslins Ihat a reascrfoble 8nd pNdeThtr state whether applcle UK Accounting Starnfards IFRS 1021 boen ft11b. lo any maten.al d¢partures ¢I•ed in thg prepare the slatThrts the going Corn rt 15 wwproprie to prpwme thatthe Cory)wywll in businom. The Truste •r• re8WThSt4e ler k•opvw uate actour"rwJ records thèl suffrAent to sh¢M and explain Companfs tranSactAY TaGy at tyne the financial posfclon of th¢ Company and enab th lo rnre Ihal the ffinanco161alemrt Grynpty the Cthwanies A¢t 20C6. Th#y aro 8160 rnswsiblo ky safeguthr#J the ass crfthe Cryry hce for tth"ThJ reaXyMb slep5 lor the Page 6
(Ac¢xnpany Umlt•d by 9arant•) TRUSTEES. REPORT (coKrwwi FOR THE PERIOD EN[ 30 JIN4E 2024 DI101 of Irdormatyon to 4udit•r E•th ofthe pernor4 w• TNstees atthe IwneTtn Trwlees. W is appr1 has eonfinned ItrAt so far as t Trustee ij w•are, therè is no Rlivant aud infornWh)n ofwhith the chariiys 8udrtor unaware. arh Ihat Trnstee has tak aNll $tepsthatcvJhtto hte) len a¥ a TnTr#o¥ in order to t¢ •wws of Audltor Tho auditor. Cr¢He U.K LLP. has Thlicated his wlYws5 to conbnut in c4fv. d•sw•ted Trustees wil prwse a aPntry aUdA at a methg ofthe Trustees. d by (¥derofth• mwT•rs I)d 19 2025 wd 8i9r*l on their beh811 by.. Stephen P•Je 7
IA compary Ilmlt•d tsy guarWl
On
We audhed Ihe fmancial st8tThrts BwrY¢yth Zon8 0.charl cornpwK) trlhe Ferlod eThJed
30 June 2024 vthich ¢thrise the Stalemert of andal %tiVIt%, tre Balance strttt aNI rekted ncle¥.
incfuding a suftynary of sbJrft•nt 0"ng PolS. Thè fin•ial reporting lrnm•wtsrk Ihat has been applied
In their prtion is appkable l•v unit Jfjrydom Accwntwyj Stsnd8rd$, indudir¥J Finsrtial ReportTh)g
strndd 102 The Rwirwj Starard applKth kn the UK •rxl R¢publr of Irew IUnleLI Kity
Generafy Accemed Accounting Prnctrel.
In wropirwn the finarKial tknrts.'
give a trthi and fail vitrw ol the sl ol the 8ffalr3 •5 •t 30 June 2024 and
ended:
havè been prrperty prepored m ac(x¥d TAth Lknitèd rOrn G•naAIty A(xeptsd AGcountlng
Prndice." and
We e
IA ¢ompany Itffltled by gu•r•nt¢e INDEPENDEKf AuorroR'S REPCIIT TO THE IAEIABERS CF BARNSLEY YOLITH ZONE ICONTINUEDI The other inlomatsn comprises the informthn induded in th• rwt otherthan the financd statemerts d ¢JJr Audrtorfs report therecrt The Tnxstees we rÈspon>llè for the other nfvrnaiDn CL¥rtain8d within Ihè rAo1 report Our epinw on the fin¢il ststements d¢)es cover the Olher infDrrnatKm and. excW to Ihe •xlent thr4¥1 expkouy stknj in our rèport. we (b) not exwess any form of aSsure conclJ5ion thereon. Our rosponsibilty ks to read the other Irf0nr ond. in n9 SO, CLYtsider thether Ihe 0111 w[mation materially incon&$tent the fmants statelts tr ¢)ur kItge Obtain in the Coul of the audit, or othernisè appea lo be misstaiÈd. If wè ent[fy rnkni8J innsi8tenc4ps or #ptnt m¥tgro1 rniS5temerts, we are required to deteThnY wlther thi's gNes rise lo a mBgalement financi¥l stalennts themsee$. If, based on Ihe work we pert4ym4. ctYdud• 1$ a matetsl W? have n¢Jthing lo rwt in Ihi5 re9wd. matt an fpjltich v1• •rn r•qulred lo v•port ty •xception We have rbjlthq to in resp of rn•Y5 Ihe Charfties {Aonts and Roports) RWJlat5 2Cd)e requires us lo rewtto y)u l. In our opinx the lr40nm 9fftn in th• Trystees. report in mat•rio1 resped TAh th• ffirtancial statements". suffiaent aCln9 records hav? noi been kepL" or Ihe finarKial sTrents afft nc4 ift agrernt wilh the a¢crAffllln9 records KI rel or reCed all th• inlom)atKn arrfl explarith wuirp for tr R¢Sp¢xIbllltI•s of truste4 A5 explained more fvlty in the T$te. fWLwlyWiD$ 8twnert. the TnJs¢8•9 {who are •1sothe directors ofthe Charitable company for Ihe purposes cl comp¥by a rnspon$itrAo lor the pieparalion ol the financial gtsternents ané for being satisfied that arnl fair , and for sh Intern controj as the Trustees detem)ine is necessary to enabk the preparaon of fanCi stawn8nts that free from mat•rlal mi$¥atement. v&11 duè to fra4 or error. In pr•parirg the fthan¢kg1 slaterrrts. the Truslees are respxbSIe kn assesswvj lh¥ chitabltr compan(s abllty to tontinue as • wJo)g eorem, thsdosiry as 4pkatlè. mattèrs relaA to 9¢>9 wncèm * Us9 the yiny con¢em basis ot ac£ounting ¢Jnl•ss Ihe Trustees eher interrfl to kiiidate the charitsbb c4npwJy or to cease opefations. e4 have no realLStt aRernave to do so. P4•9
(A¢Y lknli•d ty gLw•ikn•} INDEPÉNDEKf AUtXTOR'S REPORT TO THE 1MBERs OF BAIIMSLEY YOUTHZONE ICONTINUEDI th•Act and relevanl regUM$ made or haV èfftd ther. from mid mi8ststernw vthethw to frwj or and to issu• an Avditofs rop¥)rt that inCdS our in)n. Reasonabl• atalKe s ¥ hwjh of assurarth, a guaRntee that an a11 in accudancfr wilh ISAS (UK) Aill aPays delfft a materi& mi55tstThrt then tt exsts. lffjsstatsm&nts can se from fraud or error a1 or¥ wi$thr¢d matnal rf, Thjmduaty w in the aggre9ate. they could r•aslxbjY b• •xpKt•d to infAlC& the ecrTromK decisits of usets lakan on the baths of these ffinanra stalem?nts. Irre9ulaiits, fr•Jd. arè instsw n¢h7n¢•trth 1•6 aTrJ r4gulation& W• d•Gign prLK•duros in lin8 wr rymined abm, to d•tod mthial Nmsstslemwts in r•speGt ol irwlarili•s, irKluding fraJ. The extent to tlthh are Cyb of dthting irr¢gu19nts. including fraud fis dotsilgd bokny. We c4>tained an d£tIllg dthe k9al 18t frameworks wlhin whith th? company operate5. focusin9 on th¢)se law5 and r8gulatKJns Ihat a dirocl effed crt) ¢Jelerminon of material •m¢unts arn disdosures in the finanryd stements. The regukts.ons we wnsAle in this contextrn tho ConyaniesAct 2. Chale$ Act 2011 and l0taX i51atson. We idenlffjiod areas of laws aTrJ re9al)n$ Ihat couhl reasrythty be expeded to have a materi effecl on the financial statnts from s&tor expenence. through dispJssK>n wrfh the Direcm and frDm Inspection of the Company's board mM)utes artd regul• cDThespondence. We discussed the pol arKI prtuduies regarding wan¢e wth aThJ trth Ch1 ExeurtNe Olker, We assessed the SusWtibty dthe fin•K4 siThr4s to m)ierfd incld frnLKI might oc¢ur, by meet#vJ wllh m¥oJement fm parts oflhe business undw¥tsnd YAlre Managernt c4nsiderad was o suseeptts"ltytr) fra We consJer•d the poten11 lor managennt to mana9e Wé id8rttrfd the 9reatesl iisk of Ma vnpaL fm•Kial stAteM•S from iffègularAi8s, indud¢n9 fraud. to be the owiide ofcorlrots by WKI LYryletw$5 of inDJne thTcgh th¢t"mirYJ ol regnrt of Incom. Eyaluolw ofthe desJn (rfc4)ntrits •stsbhW to th• risks r•la•d to mat•Wbal wragu1¢s in 11 financial Stat$., testin9 manual ioum81 entrw. in PartlariOUrna1 ertrie5 rdat#bJ tts mana9em•nt Evalualth of incclxè r•ccgnrfi)n pcAK4es aTrJ Yia9ertS made aTrd wKome recL¥nknn', rtivthwing aking enquiiies Clrnana3ert'. minLrte$ oftrthrd rrttbls thrcwhout th wb>l: Our audit procedwes ve des3 to respond to iisks of meT44 mBststeffeTht in the finoKo1 statemen recogni51llg that the risk dK"1j a matla1 ff4sstatemenl due to fraud is hwier t1 the risk d tKt detect.ng one sUltin9 from error. as fraud rnay In deh"berate concekn by. for example, lorgery, MiSreprentrtI0Ds orthrotyjh collusw. The a therent Iirnitathy in the procedure$ perfonned and th• fvrther remov•d non<cnpknaKèkn It•S rj"L Ircffi) tr* events aTrJ tr8nsadKffis f•fi•dwJ in the finanoal stst•mants. the les$ likety we are b b8com• of Page 10
INDEPENDEfrrfAUDITOR3 REPORT TO THE PAEMBERS QF BARNSLEY YixrrH ZONE {C¢)NTINUEDI to the limitats wjit, Ihern is iigk Ihat may h•¥e dtet•d soThe material misstalÈmts in the f081 $Lem. eTr tPwh we have Flanned •TrJ petsme¢l (wr audit in acc¢(dan v4Ih a¥Jiting 51arthrds. W¢ ar¥ not wsbke for pTÈ%entiNJ nOn-cance and canrK be ¢ted tr deled nOnlanrA with al Iws and regUlatnS. These inherant lThjlalnS arè partrulty Slgnificant in fv case of mksstment Ul frun fraud as Ihis may sophi$trAted schemes designed to awjid deteclton, w)C1 dabeAt lailur• to rttord trans•?9, co1$>Tr or the FXOVBK?n d intentional misrgpr0s•n.0Tr$. A further descrip11 cf our iesponsbdits ftr th¥ •Ait of the f#)an¢ial statements is bcated on tr FinarKial R¢pOrt1 CthJrKrt$ rbsrt• al." This ¢Jes¢riptwx lornis part of our Authirfs ryJryL U$• •four Thls lert is rn8 solety to the ¢harAal Iwo85. as a tA, xc(Ydanc• v•tth Part 4 of tho Charrts (Accourts and Reports) RegUlat[th 28. Our auth tHryk has und8rtak8n so thal WB might Statè to the charitabl• ¢ompanl$ lrn¥t¢es those rnatters reqwed to state to Ihem in an for no othèr PLwpose. To thè lullest extent peIlled by , we &) wpt assume responsibilly to anycffj? other thè ¢haritabkn nY •vJ Is Thnber. a W. for OLV work. for thrd report. or lor the opinbns Iwe fofftd. uii¥t forand on behOf 3rd Ikrfy Sl Gews HSe. 56 Peter St. planc£11 M2 3NQ 20 March 2025 Crowe U.K. LLP are to ad a5 in terrr* rf 1212 oftr¢CryrywMes Ad 2(K6. Page11
8SLEy Yoimi ZONE IA Gofflpary lkned ty guarantee) STATEIrtENT OF FIPUIKIALACTMfiES IINCORPORATING INCOME APID EXPENDITIffiE ACCOUNTI FOR THE PERIOD E14C)ED 30 JUNE J124 Total tunds 2024 nd8 2024 Income from.. Donabcns and legaths IMS254 61x5 1,626.679 Totsl Incom• 1.575254 61.325 1.626,579 Expendive on". Raisir•3 fvnds Charitabte i¥lies 1,038 41,504 41,504 Total expendltswe 42.$42 1.S76254 1.584,037 R¢tollciliatioTh of funds: Net m0vernt in fvnds 1.5753$4 1.713 1,514,037 1.575354 8.783 1A84,037 Th8 Stalement of ideS al gains*MI b)ss•s (eeogntsed in thè pèrkn Th• rths on pag•s 15to 25forn part d th•s•ffinancLal
IA compwry Srn•d ty 9vannOI AS AT 30 JUNE 2024 2024 Flx¢d assets 11 1,675364 1.575254 12 1.29e,¢ioi 1.298,008 11A89.2251 cdit$.. fath'n9 due ¥thii one y 13 Totsl as•ets l•ss ¢uvY•nl Willilles 1,564m7 N•t ass•ts •xcluding p•nslon •sseQ 1.$84.037 Total net assets 1,584.037 Charity funds Restrited fuTrJs Unlestr•d fvnds 15 15 1.575254 8.783 Totalfvndj 1,584.037 Thè entty was fjntitkd lo exemplion from wAit urKler Sec1# 477 ofthe Companks Act 2Cth. Tho m•mb8fS ha¥• f•quirnd th? •nttyto ¢bl•n fDrthè pèrt In in accordartg wkh $•cln 476 of Ihè Compans Ad 2[. HOWer. authl is requi in secltyx 144 dthe ChartwAcl 2011. The financial 51atwnents ha been weFor•d in darKe prwsw)ns ¥pplrBble to entitkns Bubp£t to ihe small ccffjpanies res¥me. The finanaal stat8m•nts w•r• 4)prwd arth* for issue tythtr TAlets on 19 M8rth 21f25 and Swèd on ther behaw ty. Pag¢13
IA c¢)mpany lknlted ty guarantee) REGISTERED NUER.' 14944679 LANCE SHEET ICONTINUEDI AS AT 30JUNE 2024 Lang Tho Th8$ rm p40$ 15 10 25 frxm pwl d11so stkn*. Page 14
(A cornwny limk•d lry guwantsel 140TES TO ThE FWAMCIAL STATEMENTS FOR ThE PERIOD ENDED 30 JUK 2014 Ggnernl Snfonnatlon Bams yOh z Is 8 c(iwany ffimtsd ty guarant•• in Entyand Wakn. Th member5 of the company are the named on page 1. In the event ol the Ceffiny being wcojnd up, the in resped of is lirnited lo £10 per member Of the ccfflpany. T a&Jress of . the regi&e¥•l offKe is Suit• G• Atria, Spa Ro 80kn. UK. 8L14AG. A¢¢ounllno pollcles 11 B•sl$ otpr•prntlon 4lffin•nci&l ¥t•tMnts The finarKial fjtaternents teen prepared in ¢cce •Ah ts Charitw SORP IFRS 1021- Accanb'r9 and Rewtir¥J ty CharrtM.' stat)ert ol ften Praclice applicabl& to chattt ppaN4 th•w ac¢uJnls in xwdance vAh th• FIla1 Slandard applvble in th¢ UK and Republ ol Irdand IFRS 1021 lafftttr• 1 January 20191, the Fwlanckl Rèpthng &andard itable inthè LN( arxl Republc ol lrnlahy (FRS 102) •rnl the Ccrtra)ieyAci 21. The Companys funclal and pre%eilnalwrrery 15 Bamsky Youth Z m8•1$ th• definitTh of a wblr bth)efit der FRS 102. Assets and abthb'•s ar• indiaty r•cL¥Jni$8d #l htstorKa cost or 3nsxts. ¥alu• uths$ otherwi%• stat•d in I rtlw4ant accn11n9 p¢+¥. A85¢ts •r•J li)ilites are reccsni#ed * hist(¥ cost or trar•ct)n vak uths othemise 12 Gokng coTr¢wn The ItnaKial staÈmEn15 hm teen a goirvj concem as the true5 be5ieve there ¥tè no material LAKertairttie5 regardiw chwitl$ alty to ¢))ntrnue ¢walin9. The conslructior of the Y¢JAh Zone is progressirvj welL wAh praclical clxnpkl1 expected in W 2025. Ihe necessary fuTrJing fr¢lhe ccrfwtr.0n and cOmpki lo an opwat)nal State 1$ fully secwed. The umpa(qn to seoJr• funding fort cpvning and ¢tyorng oper.0 oftPMYouth Zon• is also wdl undeThvay, SO frjnding ¥ady seGured. fo mamise suc8 of this ¢ampat9n. the In 8$3essiw the chwty's to cothue as a concem. the trust$ h? revi84ThJ t I•N offund$ hald ond the Pfoixted incune and eyn¢kn frJr Il 12 months frxltying th• authorisation ofthese financial stments. The budwed inr£#ne and experKliknr&. along Ymth Ihe lev•1 of resor¥ aThJ ¢ashffow, provth sufficrt résources (orthe chanty to 'nue OFrat¥ig a5 a 9oiro concom. Page15
pTEs TO THE FIMANCIAL STATEIIEprrs FOR THE PEllh)D ENDED 30 JUNE 2024 . Accounlwig pulicios {¢oniinwd) 13 In¢om• incorne is vKkKled in V s12leml of Fin8n(¥?l A4p" (SOFA) oKe the u#r@any has titiernent to the inc4yr, after any perfornmnce coThdkns have been met, ft rs that the Fc d¢t)n$ lo be re¢tgnised th• charity w1 been Thlfied cl.the ¢t$ the settl8m•nt dats n wribng. 11 tte condit$ altxhed to the donats ané thÈs requ¥es a l•vel ol performance before gnmlemert then inccffe deferred unffi Ihw COndrth are met ofthose condlws is wthin t the ¢harty it is probablg th Glls ki for dIstribrn incke at vabjaion and rwnised •s income wthon th•y 8re diqtribuknj to the prniects. Grfts &Jnaled lor re5 are in¢lLKled as wKom• when they ar• sold. DIxted lacifi are inckNJetr ai the ¥4fue lo Ihe cornpany ¥&there Ihis on be ¢wantffied and a thlrEI P8ty is bearing ts 1. wInts are YKknbed in Ihe financtat slatw15 for5wiGes donated by 0)rKIrtThs a$Sld thilh the donated it•m hav• bn mot. th• r•c8ipt of nOMIC benefrt frryn the use Of1 co)wwy oflhe rtem is probabbo aml that eccrnfft benefft can be wasured reliabty. volue of Ihtr to tht COrrp 7hich is amovnt the compry K>ukl have teen wlliryj to pay to In 5er¥Kes tr t&ikb"e¥ of •wTrRfent benefft cm ts qJen rnarket." a correspondlng IrKome from tradirvj irKhJd•s incoTh eamed Irom fvndraising events and tradin9 at1 b) raise fvnds for th• dAity. Income r•15d in exthange f SUFPrj gc¢Jds seryKe$ in P3e16
IA ¢onwary Ilm•d tri guaranl••l NOTES TO THE HNANCIAL STATEIEKrs FOR THE PERIOD EIW 30 JUNE 2024 Ac¢tyJnlkn9 pollcies l¢¢)niSnwd) 2A Ex•wNlllurn l ex4efithbj is accoufited for on an accnth basts ar has been ¢lauifd urh1er headings that gresale an costs ieiated tr• the caegory. ExFerth"tur• is recoJnised onc• thtrm .19 ¥ legal or onstnthe cknli9at)n to transfw ec¢rtYnic benefrt to a ttNrd party. it is probable th¥1 a transfer of ecorm?ic benths b• required in seltknent and the )Unt of Ihfr obligatKJn can be rneawred r•liatty. Ewnditure is da$$rfd by aclmty. The cosls d eath are up of th• Ictsl of dir•ct t05ts and shared costs. indudvu srt ¢0sts inbtth in uThdertaking each a¢tivty. ¢t Osts 3ttn.bLrtab to a $irvJle are alk¢ated dtreLy to thot •ty. Shared ¢ost$ wh contrwe to more than adNity and suppwt costs are attrbutabk to a sirsle a¢lvty are apWtion bets¥een Ihoso ac4Nibes cffl a bask8 c01$terrt the use of urceS. Centrdl stsff costs ar• aated oft thè basis of sw( arml duprt dwg•s al¢¢d on lh8 of th¢ oss•t'$ Use. Fundr8i¥ry costs are those incUed in sed(in9 n1Y Cordrit#%1S and do not indude Ih? Costs (rf disserninatiro in(omlKffi in 614wi of the chwlable &vthes. Support c4)st$ arn thosè costs YKurred in swrt of eydrtUre on the "ects ofth8 coffyary. Charit8bf• actNlies and GOVUn cosls S sts incurred on ¢ompanYs charNat4• op•ratrcffis, indthling supput costs and costs reknb"Tra to Wwrhan¢e ofthe ¢oThyany app)itd 15 Gr•nts Incorne from grants arn feco3nis•d at far vakn fien the Ctrty has enNlemÈnt &18r ary plom)an¢• conditn5 ha been m•( It is probabkn the wom• v&ill bè racèived and thè 8rnounl can mtasurnl refobty. is not lnet1tr thesè OUnt$ we deferred. 2.6 Tuaflon 2010 and th¢rÈfc¢• rt rrheets the of a than1k• ccffywny for LK cwp¢rityn tax purp05ts. Accord9, the Cornpary is wenal extrw frcffl taxknn in respecl of income or ¢aptsl g8VIS wdhin catego$ ¢overe<t by Chapter 3 P•¢ 11 of the Ctyporit)h Tax Ad 2010 or SectK)n 2% of the Ta¥atvJn of Chwgee G•ns Acl 1992. to Ihe exlenl such Iorne N gains a aFFli8d •xdkrsrrfi lo Charrtab wrp05ÈS. 2.7 TangilJl•llx•d osmts and dery8¢l•tio TarvJt4e fu8d assets ¢oirKJ £NIL ( are ¢aptased rttL•Jn1d wln luttsrè •conom n•fts ar probth WKI c05t orvak of 45sot ¢an benwutèd r¢lidy. Tangit4e fix•d ets are recognwd iécost. After recogn1#. uTrJr the cost model, tan9ibl• ftxgd assols aw meured at cost tess ¥UL depr•Jth"¢)ffi •rKI any 4¢currwlated impaiThnnt 1055e5. AJI ts YKurred to thng a tsngth fixed asset into b intendgd Mykng condthion should be cluded the ofcosL P¥J817
laTrS TO THE FIMANCtAL STATEMEKrs FOR THE PERJOD eNDED 30 JUNE 2024 Accountkng Wkl•s l¢ontSThu•d} 17 Tangibh •Sf•ts and d•prncSakn IRn•d) Deprecia1K k8 charyed so as to abxale the cost of taigibk tsd ats bess Ihew re8idu¥l v81 over trarestwnaW usolul I. uswy Ih straW-knB method. 2A Delkn Pr•paymènts are valued att pw1 Mt traa dlscounts due. 19 Cash •1 banlt ond In h•nd Ca¥h al bk ar¥1 kn h¥ha irdudas ash and 8fr4¥14enn hi9W vNe8thnts with a short m¥turity' rfthree rr¢rth$ ty leu frrffl th• dth dwuisition ¥y win9 of Ihe deit ry ¥Vnllaratr¥nt. 2.10 Uabllltleg And pyovtslo Liabilknes 8r• rÈtywi8èd te 15 ttslgats.on al Bal• shttl ¢fats as a regult of a past event. it 15 prthble thot ¥ trler ec¢MK#fK will be rUd n setylemenL and lh• anwit LiaNities a recwoed at the Sm(nI th Compry antWe5 rt will pay to sefjle Ihe debt or Pwuvtsions are measured at the best estimate ofthe JrbJuntS Tequred to sètuè thè ebli9atKn. Wher• thé ¢ffèd eflhe Iwne value of 15 mn"al. the ProvOn 1)8sed on the Prese value cdlho5è unts, dnted at the Pfeth th"scrwnl rate that refiects the risks SCrfK to the labilty. The urMfindin9 oflldiScnt is te£red in tre Slatwert dfin8rKial athi11 as afinance c05t. 111 Flnand•l kM¢mm•nts Th• Cemp•ry Iw5"fw%II assets •d fmaKial I1xtIl& of a kind that qufy as bas finan¢AI instruments. Bac fmancwl mstrumnts We initwlty reCnl attransadth value and sub5equenty measureé * ther setderrent wth the exCeptn of bwk knan6 wh¢h are sthgqugntty P4e 18
IA¢ry•Ny by guw4nte•) NOTES TO THE FINANCIAL STATEMEKrs FOR THE PERIOD ENDED 30 JUIIE 2024 AecouTrtino (contlnmd) 112 Fund •£intn9 G¢neral fuThls are Unrestri fvnds whkh arè at diSCr"e of th8 TNstees in fvrtheran¢è of Ihe general thiecbves of the Company and which hw¢ not been desvJngd for ollw puw RestrLtsd frJnd$ are fiw•Js wt¥ch to bè us•d kn acc(e wlh rnStri¢trA irnpostd by donors or have been rnived by tr Ctsryany fu p¥rter PUfP¢)5es. Th¢ costs of raising and administèring funds are Ced against thè specft lurrfl. Thtr #Hn aThl use of each Rstricted fvnd is set oul in thg nths to financol siaterTWts. CiitiE•l •cc¢wntln9 e¥timats> and areas ol judwèTht The prepwth of these finwal Steffts certain e5timales and assuThylkns Ihat 8ffe¢t the pOrted amounts of assets. loti1rt. expenses. Estr"mates and lud9ements we continuaty edluaiod and 9 baa on Pt31 ep¥nc• and othef factors, irduding expertKJns ol CritKal aCtin9 e61Mr*tsB and •s$uMF0S'. The Twstees dderrnined th16 ywrlhere are no SvwlfirtesIIDaleS orjudgenxffils. Incame don•llMs affjd Restrf¢ted unflrI¢led fund$ funds 2024 Z024 Total 2024 DonatK Grants 1.326.590 248,664 51.325 137T,915 .664 1.57S.2S4 Sl.325 1.626,579 Page19
IA ¢ompany Wm11 by gUW•rt••) NOTES TO The FWIAPKIAL STATEMENTS FOR THE PERIOD ENDED JO JUNE X124 Expendre ralslng funds Vnr•strict•d funds 2024 ToLIl 24 l.D38 Analysis of expvndllur• on ¢h•rflable ¥tlIS Summary by fund ty nds 2024 2024 41.5fy1 41.504 Support fun 2024 2024 yOg P¢(p 41.504 41.504 Pay 20
{A Imit•d by guaAnt••} . tK)TES TO THE FIIWICIAL STATEMENTS FOR THE PERIOD ENDED JUNE 2024 AmIy ol expeffidltwe by elhlU q¢ontinued) Anal15 ol*pport costs Totsl lunds 2024 2024 Wages S•lwles P¢nsion wsls 12.789 12.769 18.184 1.473 8,320 18.184 1An ALrtLy$ fee Insurance 232 41.504 41.504 AudJ¢orf$ r•muTrornlitin F•ts payab to the audkn ftr ts •MIit ol thecomparfs ann1 accourts F¢95 payabl8 to Ccryanls in rpsptd rt. All nofv8udtt services not in¢Juded abo¥e 1,320 2024 Wws and 4faries 12.769 12.769 Page 21
IA e•Ay lkn•d ty guarnnts•l MOTES TO THE HNANCIAL STATEME15 FOR THE PERIOD EMDED 30 JUNE 2024 stsff {contlnu•d) The a99re9ate renwnefafion ol the Key PwineL totsled £13.OS7. Kty management During the Fod ended 30 2024. no Tntsiee iwrfed. 11. Tangible fixed a$ts Ass•ts under construdon C4¥St or valuati Additions 1.575,264 At 30 2024 1.678,2S4 P4ot book v•h At 30 JU 2024 1.676.254 Bamsley Youth Zone efftted into a 125 > le wth Metrupakn Borough con to e the land on whKh tr buthrfty15 bdng constr. 12. 0¥• 2024 rkn lthln on• y•ar othet deL*s 1.298,OOB 1.298JIO8 Pw22
IA Company lillwt by gu•rwrt••l S TO ThE FINAMCIAL STATEMENTS FOR THE PERIOD ENDED 30 JU14E 2024 13. Credit4xg: Alr1 fallln9 Yllthln one ye¥ 2024 63.806 1.234.361 1.28922S 1& FthaTrelal Instnmw 2024 Flnanclal ass•ts FlnarKlal assets measured at rtised st 1.298.008 2024 Flnanclal Ilabllieles Othérfinan¢4 lknbblrts mtasured 81 TK%ij cost Pffje 23
BARNSLEY YOLITh ZOKE IA c¢xnpy fwnthl by gu•rn••l NrEs TO THE RNA%CIAL STATEMENTS FIXI THE PEIIIOO ENDED JO AJNE 2ty 15. $tsl¢m•nt ollwKI8 Statsrnentrffunds-cuTh•n¢ pwlod 30 Jun• 2024 e¢)m• Expendlthre lthr•strfcted funds Gen•ral Fw•Js 51.325 141542 8.783 Barns Borough Counc ASOS Four#J BP PIC Garfiekl West&n FouThJabon 2902S0 330m6 706.324 330,016 716,324 1A75.254 1.575354 T¢)tsl ollunds 1M.579 142.542) 1,$04.037 I r¢strfcW fvnda 811 lo receNeLI for wistying YrAth Ztsne. 16. summary olfvnds Summary olfvnd*- eurnnl Iiwlod Bal•nM •t 30 Jun• 2024 Gènafal ReslrKted funds {.542) 8,783 IA7S,254 1W5264 1.fj2fj.Sl• (415421 1.$84.037 P&ae 24
IAcompary VAM•t•d by guaAnt••l IOTES TO ThE RNANCIAL STATEMEpirs FOR THE PERIOD ENDED 20JUNE 2024 17. Totsl funds 2024 lunds 2024 2024 Tgibk fixed assets Curyent assets Creditors duewfttron one 1,57&254 1.228.Q41 11,226.041} 1.575,254 71.987 1.298.008 {63.1841 11.289.225) Total 1.575.254 8,783 1.584,037 The ccffipany Dperales a defined ctythubon penSn $che. The assots of the sch•me are held separat•ty Irom those ol the CorrP In an Th4ep•ndenty alminthred fund. The pgnsDJn cost char9e repentS conlthJtion5 paythk by the c(ryawry to the IwKI 4rKI to £288. There £257 01 c¥Jtstsnding nplw pension contribulk * 30 2024. 19. Rel•t•d party trarraaeti0ft8 D Barton. who is a dKeclor of Bvnsley Yrrtrth Zonè. is a cd the key nvwgement personnel of OnSKle. Ouring the Pen¢ to 30 June 2024. Bamsky Y¢xrth ZO Ltd pa¢d £371.311 to OnSidE by bydy of Project fee. This fee is char9ed in rela1 to OASide's respor6sibilty lor the developmenl and delN¢ry of afi aSpts ol BleY YoJth Zone trn%uding," lthYraW, plarn)rng, constrtion frt buiklty, dwewnertt of partnerships aThJ t£ffimunity •ThJ•Jert rttnAtmeni and trainiTh4 of slaff and volLxth5 and serij the frst 3 re%Enue fiJndin9. 8amsley YvJlh Zcrt has ertwed inlo a 125 lease 7Ailh Bwréley MetrOn Borough Couneil to leasg the Land on wthi¢h the Youth Zone ldIng is b"NJ cortrKted. Bamsley YcArfh Zone has nct beerb ¢har9ed rert in p#JtrJ tr 30 Jul 224. BJn$ Mthpo&8n Bwh CCncIl is d8Èmed a r¥lat•d porty to T C•¥è bw.ng a CounThlbJrvAth lautr4pdan BorDh Cwdl. Page 25