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 lkn*ed ty guarar*e) REFERENCE AND AOAIIIIISTRATIVE DEfAILS 1> THE COMPW4Y. rrs TRUSTEES AND AD￿SER9 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 sept￿2(r24) VLCeety 1¥Fry￿le6 14 m￿￿nber2024l J Sand￿Son 14 Noveffbw 2ff24) Sleplws lappDirte(I S seplwrthr2￿2l) V Hawcrfth Iw¥ntsd 21 2023. ￿Signed 18 Do￿t￿ 20241 J Ma5rnff {appJinttd 21 JLtn• 2023. ￿Signed 23 FebnJ*y 20241 numb•r 14949579 Charlty Tegistertd umb•r 1204087 Reghtwod offl¢• Sutie Ge Atri• Spa Road G￿￿*1 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* finar*4al slatemerts of tre Bamsky Yo Z￿& (th& Z￿1 for the perThl 21 ju￿ 2023 to ￿ Jure 2LY24. Th¢ Annual reptrt str¥ws the purposes of bckn J Twstee5' report a direcl¢yg' re￿rt 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) aF*l￿￿tts chanlw preparNy their *eourts ￿ acet¢d￿ wrfh tha Fmancial Repjrling St*ard in Ihe UK and RepLL* of kdand IFRS1021 {affedr￿ 1 January 2019}. Sinc• I￿ CurP￿Y 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 PU￿1$e5 of SeC￿rt 417 ofthe Compantes Aci 2tJ06 and Tnjstees. Anrn￿ R44)rt tortr* purpxes cfsection 162 01 Iht ChariliesAct 2011 th? Statemthts of the Charityknthe p•rh>J •ndui9 30 Junts 2024. Barnsley Zon• Ltd was on 21 June 2023 ICL¥npany rng1str*K￿ numbtr.. 149495791 as ¢ornpany lrted by gu¥•ilee ￿ regtstered 4$ • Ch¥ty ￿ 25 2￿23 (Charity reg￿traliaN number. 1204087). Bamsl•y Y(MJth Zone te • puw bult frjr th• kn*n'$ ￿1r￿j 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 tr*n centr•, Is oypecknl to ￿ wmpleie(I n sumrrw 2025. YoLth ZO￿ Sits aongsttla lh8 vdthr ￿tre regenwati¢)n communty spaces aThJ cfjnnxted p*es. Barn￿eV Yijth Zone *il jw 8 netw￿* of s*nllar >ryth wtsalions th* al 61we the same prinapf8s. by thg Charity OnSKlè Youth Z￿9¥. T*hKh is buthling 21s1 cwttury yDUth faclit¢8s a¢xc th? UK. y￿th Zer￿$ bawl w a mc#deL 7*hKh has establi5h•d in 5gveral othw tow￿ and cilies acnju th*¢ounty. young fr(¥n B￿$*y1￿7 have aG(w to 8 vwRty offanlaslir adivilres fi)r? cost ol onty £5 for ￿ anrnwl Me￿lersh￿ * 50p Tre ZorE prowde a safe environment, where young pecpkn can sperd thwr lewe Iv14 hdpry each perBonlo raise thew asp¥*wJns. as well as improve I￿r phyEKd and menlal heallk Up lo 20 *ffierent aebthtes take place nwt. 6uGh as foolball. boxlng, d￿lThJ, dimb*4, Creati￿ *ts, #nd •Mphy￿[l￿ trainwq-all fofhtst Sop per¥tslt. Thtr OnShl• Youth ZO￿ mcthl us•s a partr*rship •pprtsa¢h", dr•Hry tOg0thgr tt)• Laeal Authorty. iv¥te sÈctOf busimsws. peop￿ wider kal communty. Thts paftnersfvip apprtsath aims to e5tsbllsh the Ycrtrth Zone riglrt in th2 heart olthE croTYllLmty fry the term, whllst meetlrgthe needs of people today. Preparnb'on Barrtsky Ycth Zonè fr4S teen takwi9 *¢e for ¥ numbtrr of s**s, bbith 811 the captta fundir4 in pkce to thelop thv4 f•. and ￿ *Xp4e rÈ4*we knjraisiry carrpaign underway th￿ WAI prowje the nxesswy funds rEqLMred to cl￿ale tre YrArth Zone for ts first thrg? yeor¥. F￿1)wIng the ol Ihe f#unco1 Ixrr•l, ske p￿arationS are c&ryknd. and censtrVci￿ works are prDJressMvJ. Eypeclalims ar• for sn offKAI I)p￿Ing pkn 2026 ¥th•n Bamsws w p&Tle tan begtn to ber*fft frthn th*r Ama2knJ Y¢yJth Zone. Pag• 2 (A ¢•mpany Itrnlt•d ty guarants• TRUSTE&Y REPORT {COIITINUEDI FOR TrIE PERIOO ENDED JO JUME 2024 ¢)vemance •nd Govgmkng dKumeDt 8amsloy Yc4rth Zon* is a ctsmpany knrfed by **hout rngL*r￿l und¢w th• CCthpaTh￿$ Ad 2Cth, r•yistrknn number 14949579. The comparty is by ils frA*ntsrnAdum and of A5s0¢iati¢n d*d 21 June 21Y23. IAa*emertt 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 9uar4rtt￿d the ofll* ¢ompany kn Ihe ¥um ex¢$8diTrJ pounds eath. Th? dir•GtiThlwslees the per*)d we.. D tston lappinted 23 FebNary20241 T Cave lapwnted 21 JU￿ 20231 8 Eb*ed {appOin1￿ S Sept•rrber 20241 IA Lang larpowited 5 Septernb8r 20241 cFeety {4)pointed 14 N0ve￿IleT 20241 J Sandets¢n {apFoinled 14 ￿ember 20241 M Stephens {WFolnled 5 September 2024} V Haworth l•pDinled 21 June 2023. resv•￿d 18 D￿•nkner 2f24} J Klasfaff {wiKrted 21 Jur* 2023. resgngj 23 Febwary 2￿￿4} R•uuthi•nt and *ppolntment ofTnth¥ IDlrn¢trysl The fkst DireetC45 Wtre Ihe subscrbers to the memorandwn as rM)tffj*d to C¢ryari￿ HJuse as the first Oirectors of the Charity. A p*son ¥yointed as a DirECtor thernupon t>gcomes a IAèmb¢r clthe Charty and a Director who ¢e88e8 io W office for any ￿$¢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 S￿h. N Direc10￿ wiu lje recmited xcrydin9 10 needs d the CW ￿Nj the suitatsjty ol p05sbJg c4ndidal•s. A nanincws apwovaj of e￿$try Oiredors *YxAd kadto thwrapp)irrtment. Thè Men￿￿￿m and of Assc¢otM)n states that nLmber of mernb¢rs (Dir￿) Shall have fits Ma￿[￿jM and shall not be thon thrte. At the fitst Annual Gv£raf Meeling al Director5 nWSt retire and segk rthtction. At eath Subseq￿￿ Annual General M*iwwJ cffle Ilwd of thè t*'rttors are wuired lo rpkn're by and seek r￿p￿rth￿rt wish kn o)ntiw. The Members OF th• Charty *e ts Dwedws for the l#ne and th• onty persons *1b￿ to bè lknb8r8 of th• Charity are its t)nct Full dèlaAs of rults arp c¢ytsned in the companl5 M*norandurn •nd AJ1iEbès of AS￿al*]￿ dated on In￿[PYatIOTr on 21 W23. maybe inspe¢#ed * thé Bamstyyrth registered Lfte. 8 Remun¢rakn Comm*leti. The CEO renHins rt$￿$t4e for the proposal of the Organtsatlon's ￿phye8s rFmuneiation with 0￿￿19h1 frcrfn the C¢ynmittee. The C￿nm￿e$hal be consuRed on the CEO'¥ proposèd tDtal plan￿d 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$. irthual and secutyolthtr OryanisatK*) Organlsatlonal Slru¢ture Barn￿eY Youlh Zone is gover1￿d by its Trustee 8owd *tich is respmible tr setluy tF* str*egic divttts.on of the Organisatv￿ ar¥J Ihe polKy of Chwity. The Trustees cary the uttmate respoNbi&ty for COnd￿t of Pw>3 IA Mmpary Ilffltt•d by ou•rart••J TRusT￿s. REP(XiT ICOIIT•IUEDI FOR ThE PERM ENOED 30 JUNE 2024 ¢peratw of the Cwgani￿l￿￿ to Sen￿1 maro3wnent. any ofts ¢hwity. per¥cffl ry cixnmittee as they sB• frt. Any ¢￿￿M￿le$ inckmle at least Tntstso. Tho TA￿1•& 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 tOT*hK* the Ch* 15 ev)￿d ¢slabIsh￿ $(tsblo ris managem&)t an¢S corrtml pr￿•d￿n Relat￿ p•rtytrdn¥a¢iit) Are dLsdoEed In N(ie 1910th8 finwKiat st*eMe￿. QbJ•cthi• and xtl¥ltl•s Barndey Youlh 20￿.$ abj'eds Bre to hdp WKI ed(￿ thL4lrèn ywng people reshlènt in Barn$* ond surrounding areas lewre actkni* ty prmting tsir pty8ical and spiritual prrtèntKql in order Ihat they sY(Av to mabjty as ￿dI¥*I￿ a￿1 mwnbers of sc<* and their conthfiong of life rnay impro￿. We are indebted to Ihe w+rtal fundws who carnrnrtted 10 5UPWt the Youth Zone. Bamsky Metropoltian Borough CoLmcl The Br￿￿1 Famity FoundalKM. ASOS Found*"orL Garfield Weston Fwnd&'on, St Jwnes's PL%e Charitabk FoUn¢jat￿, Na￿01 knthJstries, Bunwd Sunky Foundatw. Bamsley TUC Trainin9 Ltd. The Clotlhvorkers F(wndathryn. Mcnisons BP lrtwnaIk￿al Ltd have commrtled th•ir support to th• 8pW propd The#e fvnders have prnryded al d th• finawm n•aded ftsi the constructin and frt out of the facilty ￿ habB been instrunvtsl in drI￿n9 Ihe kYci¥t forward. Bamsley kletrDFdrtan Bo￿￿9h c￿r￿lI •n(I ASOS hwe atso ple&Jed rebwue wpport cyerMrvJ ph*e earty of the Youth Zcffjg's t¥eratiM. Z¢)nè. aims to secure a toial of£3.9mto support the fitst thm y•as of ntnning Costs ofth• Youth zo￿, this will come from a cornbinatlon of supporters at Fourbyer PaToTh1£IOOkl and Patron knvg151£400k}. We are mowrfj positr*ty twdr*ts our target of secwirq 34 FouThJer Patr￿$ WIOT to C￿￿9. 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 Zor*s {￿lY n￿￿b￿ 1125893) in rts de¥ebpw and will becarrn a member olth• gmirwJ thsidg Y(wJth zo￿s. Publi¢ bernfrt l th? adiw't*8 ¢f the Clwity (a6 8umm*is•d ab)¥el Undertak￿ to further its char*abte 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 n￿sar￿e * ar￿81 behaTrI￿r Ltsngef t•mi public benefts vKiu1e ￿0Ved heatth. r￿[￿8￿ enh￿Ce￿ and ￿¥bIlty and 9re8ter COMM￿lY Cohe￿On. The TNstèes of 8amsky y￿1h Zcrt bekn ¢tynplvt wlh the in *ion 17 Charits"•skt 2011 to due reqwd to the wknlic t¢n¢fft bythe Chw*y cryrUnk￿loD. Volunteern, ¢ontrlbutlo ThrrA4hout the perlod al mew*ers of thè Bo¥d thf Tr￿ ffAd• ¥Th¥luab￿ ¥olur*¥y eontribukn"on$ to the Chariva work in terrns cl govemance. polessiDnal ts￿nesS e¥pe￿nCe. financ4al ptsnniThJ. fvndrai5iTrJ and leadirg initi8tNes a¢[￿ the wcixt. Such con1rbut*￿S *we. ￿r￿￿, eqwB*nl to day5 each caleTrJ* rrthh. Under thè mémoranduyn al￿ of assocthffi.. the chw*a4• h* the pw to rnak• ony investment ¥th￿h the Trustees see fft. Invtstrnents we rn*lè whèrt rEquiod to fvrther the aims and objects of thé Clwtiy. The ChwAy does hold any ￿n￿lments othw cash on depoyt wthh Handet5banken Flnan¢lal r￿1￿1 A surrnnary ¢fth• 15 5￿tr￿ bely4r. IncorThn9 ￿$0Yr¢e$ 1,626.579 {42,542) Nel incc•T*ng [ex￿CeS 1.584.037 The Charity is SN in IÉ e*ly If&v4th grants and d￿at￿lIS bemg ￿*v*d 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 reser￿8 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) c*npahJn i% undew. Tho TnJst•8s have prepa￿￿ prylbm ol the tsper*ing costs expéded once the f8ciIty 15 opert The Bowd of Trustees of Bamskny Yothh Zono ha$ estaWisl*d 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 ￿n￿Strid•d budget arrfl the basis for th& figure. The Teser¥E8 pc4sy doos ￿t Consithr trxp8rNJilurB is linked to restricted proA￿t$ by (estthled fiThJs. In rewewing the Fthlial c*sts thai C￿ld arr5e Sh￿ a ralucti¢in in income ￿curr0d. the T￿￿tePS have de1￿MIned that Yree.. reseryes shoukj be nwitsined at approximaletyT 3 months runn cosls. Th• is tsa￿ on Ihe costs wtr*n tt* Youth Zone k% 4)w*iwl 1$ not the￿10T• 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￿$tricted reserves. £1.575254 of tctsl reser¥es can onPy be reali5ed by dt5POSiNJ OtfLxed asset8. Princrpal funthg soul The Directws wish to record Ihwr thaT*5 to all thow VKlThiduab aThl Or9￿￿at￿Th who have mad& donat￿n$ 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￿ F￿jndeT PaIJc￿ c4mutt￿ thwr SL¥)￿rt to gams Youth ZO￿ so far. In partvJbr. as CC4n0￿no Pkn. ASOS who hwe sho¥m irmdibfe &nthu$kJsm and 91￿mS￿Y the wqect, and tr*ir onty •id to Ilw tteth.lty d our to dr•w further SUPFOrt from tre local bJ#ints$•MI phik•thwi¢ coryywnty. Future plans With dl parti•s fvNy commlted to ccnwakn of Bamsl¢y Youth Zw is ￿l￿Tru•n9 to execute th• construction of an nvedibb& faciffty. ￿TrIh F4an5 tts eknte in the internr to pr(Mde 8 **koming. hvJh spe¢ and •ttr*iNe impression to ￿1 ¥￿thng ywng peo*. As constr￿￿0￿ pr¢)gre55es. thé Youth Zorp wil l¢x* to $￿ani￿ant￿ increaae the sEe of the team v3nF4)yed: the Cl*1 Exe¢uth lead on this exe￿19¢. ueab'ng a lorge defNw arttl siw*xt team to both pad staff bt4uftteers. wdl be and inducted r¥* fthp ¢pwin9. At the same f¥ne. th• canya•Jn wil cord¥we to Ihe Yoth Zone's tamty of Founder Patron$ 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 rrfexp**ttd 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 fiTra￿al sl*ements 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 pr*t￿l c(¥YV￿tth •xpsd•J in May 2025. thè necessary fv￿lIng forth& ¢onstruc*on The campaign to seawè fvndirKJ for th? cpening aTrJ LYsoin9 isw*K¥n olthe Youth Zonè is also well UAdeMay. ilh $fAne I￿￿Ing 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 cL￿￿Y ts the purFpJses ol ctrfnwy law) *• resportsiblè for preparirry the TN8tgps' repyt arwj the ￿na￿la1 Statern￿ In xCor￿ce *ilh Iw4 and United Kingdom kc4wr*ing &and￿￿5 (Lknited ￿ntyk¥n Gen￿￿ty*￿tePtsd P￿iCÈ} Comp• Iw Tmsl•es to pffpar8 fffwKial lor eath fin￿al pertsl. Und•r eomp*y 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 res￿rceS Bnd appbc*ion of resourees. irdudirg its and ¢xpendkne. frJr Ihat WI￿1. In these Ilnand81 *atèmerl& the Tntstees are required to.. Obser￿ the rnèthods and pl￿(BIeS oflhe chafiti.es SORP (FRS 102}: mak•lL*ments eslin*s Ihat a￿ reascrfoble 8nd pNdeThtr state whether applc*le UK Accounting Starnfards IFRS 1021 boen ft11b￿. lo any maten.al d¢partures ¢￿I•￿ed in thg prepare the slatThrts ￿ the going Co￿rn rt 15 wwpropri*e 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 safegu*thr#J the ass* crfthe Cryry ￿ h￿ce for tth"ThJ reaXyMb￿ slep5 lor the Page 6 (Ac¢xnpany Umlt•d by 9￿arant•*) TRUSTEES. REPORT (coKrwwi FOR THE PERIOD EN[￿ 30 JIN4E 2024 DI￿101￿￿ of Irdormatyon to 4udit•r E•th ofthe pernor*4 w• TNstees atthe IwneT*t*n Trwlees. W is appr￿1 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* $tepsthatcvJhtto h￿te￿) l*en a¥ a TnTr#o¥ in order to t¢ •wws of Audltor Tho auditor. Cr¢He U.K LLP. has Thlicated his wlYws5 to conbnut in c4fv. d•sw•ted Trustees wil prwse a ￿aP￿ntry aUdA￿ at a methg ofthe Trustees. d by (¥derofth• mwT*•rs I)￿d 19 2025 wd 8i9r*l on their beh811 by.. Stephen P•Je 7 IA compary Ilmlt•d tsy guarW￿l O￿n We audhed Ihe fmancial st8tThrts ￿ Bwr*Y¢yth Zon8 0￿.charl￿ cornpwK) trlhe Ferlod eThJed 30 June 2024 vthich ¢th￿rise the Stalemert of ￿andal %tiVIt￿%, tre Balance strttt aNI ￿ rekted ncle¥. incfuding a suftynary of sbJrft•nt ￿0￿￿"ng Pol￿S. Thè fin•*ial reporting lrnm•wtsrk Ihat has been applied In their pr￿￿tion is appkable l•v unit￿ Jfjrydom Accwntwyj Stsnd8rd$, indudir¥J Finsrtial ReportTh)g strnd￿d 102 The Rwirwj Star￿ard applKth kn the UK •rxl R¢publr of Irew IUnleLI Ki￿ty 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 ￿r￿Orn G•naAIty A(xeptsd AGcountlng Prndice." and We eilt￿$ in accordaru vAh these reqwrw*nts. We beheve that the audit e¥idence have obtawvl 15 suffvent aNI approfft to a bw"$k¢ ow opinion. Conclusions rEknting to golrw ¢on¢wn In outhbr#J th• ffinamal Stalw￿rts. tA• ¢¢ndud•d tr￿1 the Tntst•e< of th• conc¥m basr4 of condknons thaL indmduaty ¢* c¢leth*ty. may casl sigftrfKartt d￿￿¥1 on the charitat4e company6 alxlty to contlly￿ a6 a ￿Ing cctt•m for a perbod al al leasl ts¥•fve morts from when t￿ fjnarrial stsl8ments ar• authoNs•J lor 155 Our re5pon8thilth"e$ and of th• Trusts•s tAfjth r•spx* to govwj concun We dexribod in the secl*)ns oftfris rewt Page 8 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 fi￿n¢￿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 aSsur￿￿e conclJ5ion thereon. Our rosponsibilty ks to read the other Irf0nr￿ ond. in ￿n9 SO, CLYtsider *thether Ihe 011￿1 w￿[mation materially incon&$tent ￿ the fmants* statel￿ts tr ¢)ur kI￿￿￿t￿ge Obtain￿ in the Coul￿ of the audit, or othernisè appea￿ lo be misstaiÈd. If wè ￿￿ent[fy rnkni8J innsi8tenc4ps or #p￿tnt m¥tgro1 rniS5t*emerts, we are required to deteThnY￿ wl*ther thi's gNes rise lo a mBgalement financi¥l stalen*nts themse￿e$. If, based on Ihe work we pert4ym*4. 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•Y*5 Ihe Charfties {A￿o￿nts and Roports) RWJlat￿5 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 aC￿l￿n9 records hav? noi been kepL" or Ihe finarKial s*Trents afft nc4 ift agrernt wilh the a¢crAffllln9 records *KI rel￿ or reCe￿￿d all th• inlom)atK*n arrfl explarith wuirp for t￿r R¢Sp¢x￿IbllltI•s of truste4* A5 explained more fvlty in the T￿$te￿. fWLwlyWiD$ 8t*wnert. the TnJs¢8•9 {who are •1sothe directors ofthe Charitable company for Ihe purposes cl comp¥by a￿ rnspon$itrAo lor the pieparalion ol the financial gtsternents ané for being satisfied that arnl fair ￿, and for s￿h Intern￿ controj as the Trustees detem)ine is necessary to enabk the preparaon of f￿anCi￿ stawn8nts that free from mat•rlal mi$¥atement. v&1￿1 duè to fra￿4 or error. In pr•parirg the fthan¢kg1 slaterr*rts. the Truslees are respxbS￿Ie kn assesswvj lh¥ ch*itabltr compan(s abllty to tontinue as • wJo)g eor*em, thsdosiry as 4pkatlè. mattèrs rela￿A to 9¢>￿9 wncèm * Us￿9 the yiny con¢em basis ot ac£ounting ¢Jnl•ss Ihe Trustees e*her interrfl to kiiidate the charitsbb c4*npwJy 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 1￿MBERs OF BAIIMSLEY YOUTHZONE ICONTINUEDI th•Act and relevanl regUM*￿$ made or ha￿V￿ èfftd ther￿￿￿. from m*id mi8ststernw￿ vthethw to frwj or and to issu• an Avditofs rop¥)rt that inC￿d*S our in*)n. Reasonabl• a￿￿talKe s ¥ hwjh of assurarth, a guaRntee that an a￿11 in accudancfr wilh ISAS (UK) *Aill aP*ays delfft a materi& mi55tstThrt *then tt exsts. lffjsstatsm&nts can ￿se from fraud or error a￿1 or¥ wi$thr¢d mat*nal rf, Thjmduaty w in the aggre9ate. they could r•aslx￿bjY b• •xpKt•d to infA￿lC& the ecr*TromK decisi￿ts of usets lakan on the baths of these ffinanra￿ stalem?nts. Irre9ulaiit*s, fr•Jd. arè instsw ￿n￿¢￿h7n¢•t*rth 1•*6 aTrJ r4gulation& W• d•Gign prLK•duros in lin8 wr rymined abm, to d•tod mthial Nmsstslemwts in r•speGt ol irwlarili•s, irKluding fra￿J. The extent to tlthh are Cyb￿ of dthting irr¢gu19nt*s. including fraud fis dotsilgd bokny. We c4>tained an ￿d£￿t￿Illg dthe k9al ￿￿18t￿ frameworks wlhin whith th? company operate5. focusin9 on th¢)se law5 and r8gulatKJns Ihat a dirocl effed crt) ¢Jelermin*on of material •m¢unts arn disdosures in the finanryd st*ements. The regukts.ons we wnsAle￿￿ in this context￿rn tho ConyaniesAct 2￿. Chal￿e$ Act 2011 and ￿l0￿￿taX *i51atson. We idenlffjiod areas of laws aTrJ re9￿al￿)n$ Ihat couhl reasrythty be expeded to have a materi* effecl on the financial stat￿￿nts 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 w*an¢e wth aThJ t*rth Ch￿1 ExeurtNe Olker, We assessed the SusWtib￿ty dthe fin•K4 si*Thr4s to m)ierfd inc￿l￿d frnLKI might oc¢ur, by meet#vJ wllh m¥oJement fm parts oflhe business ￿ undw¥tsnd YAl*re Manager￿nt c4nsiderad was o suseeptts"ltytr) fra￿￿ We cons*Jer•d the poten11￿ lor managen*nt to mana9e Wé id8rttrf￿d the 9reatesl iisk of Ma￿ vnpaL* fm•Kial stAteM•￿S from iffègularAi8s, indud¢n9 fraud. to be the owiide ofcorlrots by WKI LYryletw￿$5 of inDJne thTc￿gh th¢t"mirYJ ol re￿gnrt￿ of Incom*. Eyaluolw ofthe des*Jn (rfc4)ntrits •stsbhW to th• risks r•la•d to mat•Wbal wragu￿1¢￿s in 11 financial Stat￿￿￿$., testin9 manual ioum81 entrw. in Part￿lariOUrna1 ertrie5 rdat#bJ tts mana9em•nt Evalualth of incclxè r•ccgnrfi)n pcAK4es aTrJ ￿Yi￿a9e￿*rtS made a￿￿Trd wKome recL¥nknn', rtivthwing aking enquiiies Clrnana3e￿￿rt'. minLrte$ oftrthrd rrttbl￿s thrcwhout th* wb>l: Our audit procedwes *ve des*3￿￿ to respond to iisks of m*eT44 mBststeffeTht in the finoK*o1 statemen recogni51llg that the risk d￿K￿"1￿j a mat￿la1 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, MiSrepr￿entrtI0Ds orthrotyjh collusw. The￿ a￿ therent Iirnitathy￿ in the procedure$ perfonned and th• fvrther remov•d nonTr or the FXOVBK?n d intentional misrgpr0s•n￿.0Tr$. A further descrip11￿ cf our iesponsbdit*s ftr th¥ •Ait of the f#)an¢ial statements is bcated on tr* FinarKial R¢pOrt1￿ CthJrKrt$ *rbsrt• al." This ¢Jes¢riptwx lornis part of our Authirfs ryJryL U$• •four Thls le￿rt is rn￿8 solety to the ¢harAal* Iw*o85. as a tA*, ￿ xc(Ydanc• v•tth Part 4 of tho Charrt*s (Accourts and Reports) RegUlat[th￿ 2￿8. Our auth tHryk has und8rtak8n so thal WB might Statè to the charitabl• ¢ompanl$ lrn¥t¢es those rnatters reqwed to state to Ihem in an for no othèr PLwpose. To thè lullest extent pe￿Illed by *, we &) wpt ￿ assume responsibilly to anycffj? other thè ¢haritabkn ￿nY •vJ Is Th￿nber￿. ￿ a W. for OLV work. for thrd report. or lor the opinbns Iwe fofft￿d. uii¥t forand on beh￿Of 3rd Ikrfy Sl Gews H￿Se. 56 Peter St. planc￿£1￿1 M2 3NQ 20 March 2025 Crowe U.K. LLP are to ad a5 in terrr* rf 1212 oftr¢CryrywMes Ad 2(K6. Page11 8￿SLEy Yoimi ZONE IA Gofflpary lkn*ed 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 Expendi￿ve 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 m0vern￿t in fvnds 1.5753$4 1.713 1,514,037 1.575354 8.783 1A84,037 Th8 Stalement of i￿￿deS al gains*MI b)ss•s (eeogntsed in thè pèrkn Th• rths on pag•s 15to 25forn part d th•s•ffinancLal IA compwry Srn*•d ty 9vann￿OI AS AT 30 JUNE 2024 2024 Flx¢d assets 11 1,675364 1.575254 12 1.29e,¢ioi 1.298,008 11A89.2251 c￿dit￿$.. 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 $•cl￿n 476 of Ihè Compan*s Ad 2[￿. HOWe￿r. ￿ authl is requi￿￿ in secltyx 144 dthe ChartwAcl 2011. The financial 51atwnents ha￿ been weFor•d in ￿darKe prwsw)ns ¥pplrBble to entitkns Bubp£t to ihe small ccffjpanies res¥me. The finanaal stat8m•nts w•r• 4)prwd arth* for issue tythtr TA￿lets on 19 M8rth 21f25 and Swèd on ther behaw ty. Pag¢13 IA c¢)mpany lknlted ty guarantee) REGISTERED NU*ER.' 14944679 LANCE SHEET ICONTINUEDI AS AT 30JUNE 2024 Lang Tho Th￿8$ rm p40$ 15 10 25 frxm pwl d11*so stkn*. Page 14 (A cornwny limk•d lry guwantsel 140TES TO ThE FWAMCIAL STATEMENTS FOR ThE PERIOD ENDED 30 JUK 2014 Ggnernl Snfonnatlon Bams* yO￿h 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 Ceffi￿ny 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•t*Mnts The finarKial fjtaternents teen prepared in ￿¢c*￿ce *•Ah ts Charitw SORP IFRS 1021- Accanb'r9 and Rewtir¥J ty CharrtM.' stat￿)ert ol fte￿n￿ Praclice applicabl& to chattt p￿paN4 th•w ac¢uJnls in xwdance vAh th• FI￿la1 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 funcl￿al and pre%eil*nalwrrery 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 acc￿n11n9 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 tru*e5 be5ieve there ¥tè no material LAKertairttie5 regardiw chwitl$ al￿ty 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 ma￿mise suc￿8 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 frxlty*ing th• authorisation ofthese financial st*ments. The budwed inr£#ne and experKliknr&. along Ymth Ihe lev•1 of resor￿¥ aThJ ¢ashffow, provth suffic*rt résources (orthe chanty to ￿￿'nue OF*rat¥ig a5 a 9oiro concom. Page15 p￿TEs TO THE FIMANCIAL STATEIIEprrs FOR THE PEllh)D ENDED 30 JUNE 2024 . Accounlwig pulicios {¢oniinwd) 13 In¢om• incorne is vKkKled in V* s12lem￿l 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 w￿1 been Th￿lfied cl.the ￿¢￿t$ the settl8m•nt dats n wribng. 11 tt￿e 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 dIstrib￿rn inck￿e￿ 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. DIx￿ted lacifi￿ are inckNJetr ai the ¥4fue lo Ihe cornpany ¥&there Ihis on be ¢wantffied and a thlrEI P8ty is bearing ts ￿1. ￿ wI￿nts are YKknbed in Ihe financtat slatw1￿5 for5wiGes donated by 0)rKIrt￿Ths a$S￿l￿d thilh the donated it•m hav• b*n mot. th• r•c8ipt of ￿nOMIC benefrt frryn the use Of1￿ co)wwy oflhe rtem is probabbo aml that eccrnfft benefft can be w*asured reliabty. volue of Ihtr ￿ to tht COrrp￿ 7*hich is amovnt the comp*ry K>ukl have teen wlliryj to pay to I￿n 5er¥Kes tr t&ikb"e¥ of •wTrRfent benefft cm ts qJen rnarket." a correspondlng IrKome from tradirvj irKhJd•s incoTh eamed Irom fvndraising events and tradin9 at1￿*￿ b) raise fvnds for th• dAity. Income ￿ r￿•15*d in exthange f￿ SUFP￿r￿j gc¢Jds seryKe$ in P*3e16 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 ¢lauif*d urh1er headings that gresale an costs ieiated tr• the caegory. ExFer*th"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$$rf￿d by aclmty. The cosls d eath are up of th• Ictsl of dir•ct t05ts and shared costs. indudvu s￿rt ¢0sts inbtth￿ in uThdertaking each a¢tivty. ￿￿*¢t Osts 3ttn.bLrtab￿ to a $irvJle are alk¢ated dtreL*y to thot •*ty. Shared ¢ost$ 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 c0￿1$terrt the use of ￿urceS. Centrdl stsff costs ar• a￿￿ated oft thè basis of sw( arml dupr￿￿*t￿ dwg•s al¢￿¢d on lh8 of th¢ oss•t'$ Use. Fundr8i¥ry costs are those incU￿ed in sed(in9 ￿￿n1*Y Cordrit￿#%1S and do not indude Ih? Costs (rf disserninatiro in(om￿lKffi in 614wi of the chwlable &*vthes. Support c4)st$ arn thosè costs YKurred in swrt of ey￿drtUre 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 W*wrhan¢e ofthe ¢oThyany app)it￿d 15 Gr•nts Incorne from grants arn feco3nis•d at far vakn *fien the Ctr￿ty has enNlemÈnt &18r ary p*lom)an¢• condit￿n5 ha* been m•( It is probabkn the w*om• 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 than1￿k• ccffywny for LK cwp¢r*ityn tax purp05ts. Accord￿9￿, the Cornpary is wen￿al￿ extrw frcffl taxknn in respecl of income or ¢aptsl g8VIS wdhin catego￿$ ¢overe and areas ol judwèTht The prepwth of these finwal St*eff￿ts certain e5timales and assuThylkns Ihat 8ffe¢t the ￿pOrted amounts of assets. loti1rt￿. expenses. Estr"mates and lud9ements we continuaty e*dluaiod and *9 ba*a on P￿t￿￿31 e*p¥*nc• and othef factors, irduding expert*KJns ol CritKal aC￿￿￿tin9 e61Mr*tsB and •s$uMF￿0￿S'. The Twstees dderrnined th16 ywrlhere are no Svwlfi￿rtesIIDaleS orjudgenxffils. Incame don•llMs affjd Restrf¢ted unf￿lrI¢led fund$ 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 Expend￿re ￿ ralslng funds Vnr•strict•d funds 2024 ToLIl 24 l.D38 Analysis of expvndllur• on ¢h•rflable ¥￿t￿lIS Summary by fund ty nds 2024 2024 41.5fy1 41.504 Support fun 2024 2024 yO￿g 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) Anal￿15 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 AL￿rtLy$ fee Insurance 232 41.504 41.504 AudJ¢orf$ r•muTrornlitin F•ts payab￿ to the audkn ftr ts •MIit ol thecomparfs ann￿1 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 STATEME1￿5 FOR THE PERIOD EMDED 30 JUNE 2024 stsff {contlnu•d) The a99re9ate renwnefafion ol the Key PwineL totsled £13.OS7. Kty management During the Fo￿d 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 efftte￿d 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: Alr￿￿1￿ 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 lkn*bblrt*s mtasured 81 *TK%i￿j cost Pffje 23 BARNSLEY YOLITh ZOKE IA c¢xnp*y fwnthl by gu•rn*••l N￿rEs 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 ￿81*1 lo receNeLI for wisty￿ing 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 T*gibk 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 penS￿n $ch￿e. The assots of the sch•me are held separat•ty Irom those ol the CorrP￿ In an Th4ep•ndenty alminthred fund. The pgnsDJn cost char9e rep￿entS conlthJtion5 paythk by the c(ryawry to the IwKI 4rKI to £288. There ￿ £257 01 c¥Jtstsnding *nplw pension contribulk￿ * 30 2024. 19. Rel•t•d party trarraaeti0ft8 D Barton. who is a dKeclor of Bvnsley Yrrtrth Zonè. is a cd the key nvwgement personnel of OnSKle. Ouring the Pen¢￿ to 30 June 2024. Bamsky Y¢xrth ZO￿ Ltd pa¢d £371.311 to OnSidE by bydy of Project fee. This fee is char9ed in rela1￿ to OASide's respor6sibilty lor the developmenl and delN¢ry of afi aSp￿ts ol B￿leY YoJth Zone trn%uding," lthYraW, plarn)rng, const￿rtion frt buiklty, dwewnertt of partnerships aThJ t£ffimunity •ThJ•J￿ert rttnAtmeni and trainiTh4 of slaff and volLxth*5 and se￿ri￿j the frst 3 re%Enue fiJndin9. 8amsley YvJlh Zcrt has ertwed inlo a 125 ￿ lease 7Ailh Bwréley MetrO￿n Borough Couneil to leasg the Land on wthi¢h the Youth Zone ￿ldIng is b*"NJ cor*trKted. Bamsley YcArfh Zone has nct beerb ¢har9ed rert in p#JtrJ tr* 30 Jul￿ 2￿24. BJn$* Mthpo&8n Bwh CC￿ncIl is d8Èmed a r¥lat•d porty to T C•¥è bw.ng a CounThlbJrvAth lautr4pd*an BorD￿h Cwdl. Page 25