Charlty No: 229988
North West Young People's
Development Trust
Report and Accounts
For The Year Ended
31 March 2022
(g mha
MOORE & SMALLEY

NORTH WEST YOUNG PEOPLE'S DEVELOPMENT TRUST
CONTENTS
Page
Charity information
Trustees, annual report
Independent examinerfs report
Statement of financial activities
Balance sheet
Notes to the accounts

NORTH WEST YOUNG PEOPLE'S DEVELOPMENT TRUST
TRUSTEES AND ADVISERS
CHARITY INFORMATION
Trustees who served in the year
Mrs K M Barton JP FCA
Mr N J Clough LLB
Mr M J Hanson BA FCA ACIB
Ms W Priscott
Chair of Trustees
Mrs K M Barton JP FCA
Charity number
229988
Charity administrator
Mr M J Hanson
Honorary Treasurer
Charity address
Mrs K M Barton JP FCA
16 Eden Park Road
Cheadle Hulme
Cheadle
Cheshire
SK8 6RG
Independent examlner
N Mason FCA DChA
MHA Moore and Smalley
Richard House
9 Winckley Square
Preston
Lsncashire
PR1 3HP
Sollcltors
Bromleys Solicitors LLP
50 Wellington Road
Ashton-under-Lyne
Lancashire
OL6 6XL

NORTH WEST YOUNG PEOPLE'S DEVELOPMENT TRUST
TRUSTEES. ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2022
The trustees present their report and the unaudited financial statements of the eharily for the year ended 31
March 2022. The trustees have adopted the provisions of the Statement of Recommended Pracliee ISORPI
Accounting and Reporting by Charities" IFRS1021 in preparing the annual report and financial statements of the
charity.
The financial statements have been prepared in accordance with the accounting policies set out in notes lo the
accounts and comply with the charity's goveming document, the Charities Act 2011 and Accounting and
Reporting by Charities." Statement of Recommended Practice applicable lo charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in
October 2019.
Structure. governanco and managgment
Governing document and history
The Trust was established and regulated by indenture dated 29 September 1856 and subsequently amended by
a scheme of the Charity Commissioners in 1876 and by schemes made by the Board of Education in 1903 and
1925.
In 1903, the Trust acquired land in Poullon-Le-Fylde on which a school was built lo provide for the education
and accommodation of underprivileged young men from the North West area. Additional land was purchased for
agricultural education purposes. In 1973 the propety was taken over by Lancashire County Council who ran it
as a controlled community home until 2006 when il ceased operation.
In 1994 the Trust's powers were extended and the scheme was regi3lered with the Charity Commission on 15
February 1994. The charity's name was changed to North Wesl Young People's Development Trust.
In 2013 the buildings and 54 acres of land were sold for development purposes for £6,091,694 leaving 79 acres
of agricultural land which the Trust retains and receives rental income from an Agricultural Tenancy. It is the
intention of the Trust to retain the exisb'ng, and potential future sale proceeds and to utilise such funds to meet
ils objectives.
OrganiTsatiTon of the charity
The charity and its property are administered and managed by the body of trustees listed on page 1.
The body of trustees consists of 4 co-opted Iruslees, appointed for a term of 5 years by a resolution of the
trustees passed at a special meeting.
The Iruslees meet at least four times a year.
The Trustee Body is responsible for maintaining effective Board succession strategies and for the Recruitment,
appointment and induction and training of new Iruslees. The Trust seeks to maintain the necessary range of
skills and experience within the Trustee Body to ensure that it is effectively managed and meets the charitable
objectives.

NORTH WEST YOUNG PEOPLE'S DEVELOPMENT TRUST
TRUSTEES. ANNUAL REPORT (CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2022
Objectives and activities
The Constitution and Instrument of Management allows for the application of income from the charity being
disbursed for the benefit of young persons under the age of 25 years in the following manner".
in promoting the education (including the social and physical training) of such persons who are in
need of financial assistance in such ways as the Iruslees think fit,.
b for the relief of such persons who are in condition5 of need, hardship or distress either in gifts in
kind or grants of money.
The trustees have embarked on a project of researching, investigating and interviewing to seek out well
slruclured, effective and efticienl Servi￿ providers with a proven track record of helping and developing young
people with a view to partnering with them in sustainable relationships to channel distributions in the future.
Grant making policy
A policy for the assessment and awarding of grants is in place to ensure that grant making activities are relevant
to and contribute to the achievement of the aims and objectives of the charity.
Public benefit
The trustees have considered the Charity Commission guidance on public benefit and are taking this into
account when considering the options available for ulilising the funds. Distributions from income were made
during the year to the organisations set out in note 5 to support key projects in the North West.
Achievements and performance
Main achievements of charity during the year
The trustees have effectively managed the remaining land assets under their control and have prepared and
implemented formalised grant making processes, an enhanced Risk Management Framework and
administrative policies and procedures. Investments are in place to produce a stream of income which can be
distributed lo partners who meet the requirements of OLJr due diligence processes.
Financial review
During the year, the Iruslees invested no additional funds into the COIF Charities Investment Fund. The fair
value of these Investments at 31 March 2022 was £5,787,463. The Trust received dividends of £172,11612021'.
£166,738) on these investments during the year.
The charity has a net surplus for the year before transfers and gainsllosses on investments held of £64,682
12021". £106, 1411. Details are shown on the Statement of Financial Activities on page 6.
The net increase in funds after taking account of unrealised investment gains of £492,148 was £556,830.
The net assets of the charity at 31 March 2022 amounted lo £6,764,54212021." £6,207,712).
Investment policy
The intended benefit of the investment policy is to create sufficient income and Capital growth to enable the
Trust to carry out ils purposes consislenlly year by year with due and proper consideration for future needs and
the maintenance of, and if possible, enhancement of the value of Invested funds whilst they are retained.
The spread of investments and national and world events continues lo be monitored. The Iruslees have agreed
to never commit expenditure prior to receiving income and to continue investing in regulated charitable
investment funds rather than speculatively or via unregulated fund$.

NORTH WEST YOUNG PEOPLE'S DEVELOPMENT TRUST
TRUSTEES. ANNUAL REPORT (CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2022
Resenies pollcy
The general unrestricted reserves as at the year end were £6,764,542 12021.. £6,207,7121. The trustees have
adopted a reserves policy which is in line with the Charity Commission Charity Financial Reserves guidance,
which aims lo protect the Trust from drops in income whilst allowing Il to take advantage of new opportunities.
Tax status
The charity has exempl status through its registration with the Charity Commission.
Plans for future periods
The Iruslees will continue lo support local organisalions by the way of making grants.
This report was approved by the Iruslees on
3010112023
and signed on their behalf by..
Mrs K M Barton JP FCA

NORTH WEST YOUNG PEOPLE'S DEVELOPMENT TRUST
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022
I report to the Charity trustees on my examination of the accounts of the charity for the year ended 31 March
2022 which are sel out on pages 6 to 13.
Responslbllltles and basls of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 I'lhe Acl'l.
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in
Carrying out my examination I have followed all the applicable Directions given by the Charity Commission
under section 14515llbl of the Act.
Independent examlner's statement
I have completed my examination. I confirm that no material matters have come to my allenlion in connection
with the examination giving me cause lo believe that in any material respect..
accounting records were not kept in respect of the charity as required by section 130 of the Act,. or
the accounts do not accord with those records", or
the accounts do not comply with the applicable requirements coneerning the form and content of accounts
set out in the Charities IAccounls and Reports) Regulations 2008 other than any requirement that the
accounts give a 'lrue and fair view, which is not a matter considered as part of an independent
examination.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Nicola Mason FCA DChA
MHA Moore and Smalley
Chartered Accountants
Preston
3010112023

NORTH WEST YOUNG PEOPLE'S DEVELOPMENT TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2022
Unrestrlcted
General
Funds
Total
2022
Total
2021
Note
Income from..
Investments
Other
181.315
355
181,315
355
180,007
382
Total income
181,670
181,670
180,389
Expendlture on:
Raising funds
Charitable activities
2,144
114.844
2,144
114,844
3,089
71,159
Total expenditure
116.988
116,988
74,248
Net surplus before gainslllossesl
64,682
64,682
106,141
Net gainsl{losses) on investments
492.148
492,148
823,400
Net movement in funds
556,830
556,830
929,541
Reconciliation of funds:
Total funds brought forward at 1 April 2021
6,207,712
6,207,712
5,278,171
Total funds carried forward at 31 March 2022
6,764.542
6,764,542
6,207,712
All of the above results are derived from continuing activities. All gains and losses recognised in the year are
included above.
All income and expenditure in the year ended 31 March 2022 and 31 March 2021 related lo unreslricled funds.

NORTH WEST YOUNG PEOPLE'S DEVELOPMENT TRUST
BALANCE SHEET
AS AT 31 MARCH 2022
Unrestrlcted funds
2022
2021
Note
Fixed assets
Investments
5,930.463
5,930,463
5,438,315
5,438,315
Current assets
Debtors
Cash al bank and In hand
836.037
771,210
836.037
771,210
Creditors: Amounts falling due within one
year
11.9581
11,8131
Net current assets
834.079
769,397
Net assets
6,764,542
6,207,712
Funds of the charity:
Unrestricted funds
6,764,542
6,207,712
Total charity funds
6.764.542
6,207,712
All assets and liabilities in the current and previous year relate to unrestricted funds.
This report was approved by the Iruslees on
3010112023
signed on their behalf by..
Mrs K M Barton JP FCA

NORTH WEST YOUNG PEOPLE'S DEVELOPMENT TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2022
Accountlng pollcles
Basis of preparation
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have
been prepared in accordance with Accounting and Reporting by Charib'es." Statement of Recommended
Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting
Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021, the Charities Act 2011
and UK Generally Accepted Accounting Practs.￿.
The financial statements have been prepared lo give a 'true and fair, view and have departed from the
Charities IAccounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair
view,. This departure has involved following the 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 issued in October 2019
rather than the Accounting and Reporting by Charities.. Slalement of Recommended Practice effective
from 1 April 2005 which has since been withdrawn.
The financial statements are prepared on a going concern basis under the historical cost convents'on,
modified lo include ￿rtain items at fair value. The fi'nancial statements are presented in sterling which
is the functional currency of the charity and rounded lo the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all years presented unless otherwise slated.
Going concern
The financial statements have been prepared on a going concern basis and the trustees believe that no
material uncertainties exist. The trustees consider that the Charity has sufficient reserves lo meet
liabilities as they fall due for a period of at least twelve months from the dale of signing the accounts.
Income recognition
All income is recognised once the charity has enlitlemenl to the income, it is probable that the income
will be received and the amount of income receivable can be measured reliably.
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. Dividends
are recognised once the dividend has been declared and notification has been received of the dividend
due. This is normally upon notification by our investment advisor.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or conslruclive 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.
The charity is not registered for VAT,. expenditure is accounted for inclusive of VAT.
Grants payable are payments made lo third parties in furtherance of the charitable objects of the Trust.
Provisions for grants are made when the intention to make a grant has been communicated to the
recipient but there is uncertainly as to the liming of the grant or the amount of grant payable.

NORTH WEST YOUNG PEOPLE'S DEVELOPMENT TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2022
Accountlng pollcles {contlnuedl
Costs of raising funds
The costs of raising funds consist of insurance costs, repairs and maintenance costs associated with
the income receivable on investment properties.
Charitable activities
Costs of charitable activities include grants made, governance costs and legal and professional fees.
Investment propertles
Investment property is held by the charity to earn rental income or for capital appreciation or both.
Investment property is measured at the Iruslees, estimate of fair value based on an online valuation
source.
Fixed asset investments
Investments are a form of basic financial Instrument and are initially recognised at their transaction
value and subsequently measured at their fair value as at the balance sheet dale using the closing
quoted market price. The statement of financial activities includes the net gains and losses arising on
revaluation and disposals throughout the year.
The Ttust does not acquire put options, derivatives or other complex financial instruments.
Realised gains and losses
All gains and losses are taken lo the Statement of Financial Activities as they arise. Realised gains and
losses on investments are calculated as the difference between sales proTreds and their opening
carying value or their purchase value If acquired subsequent lo the first day of the financial year.
Unrealised gains and losses are calculated as the difference be￿een the fair value at the year end and
their carrying value. Realised and unrealised investment gains and losses are combined in the
Statement of Financial Activities.
Fund accountlng
General unrestricted funds represent funds that are not subject to any restrictions regarding their use
and are available for application on general purposes by the charity.
Financial instruments
Financial instruments are classified and accounted for, according lo the Substan￿ of the conlraclual
arrangement, as either financial assets, financial liabilities or equity inslrumenls. An equity instrument is
any contract that evidences a residual interest of the Trust after deducting all of its liabilities.
Significant estimates and judgements
The only significant estimate used in the accounts is the fair value of investment property which is
based on an estimated market value from an online valuation source.

NORTH WEST YOUNG PEOPLE'S DEVELOPMENT TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2022
Investment Income
Unrestricted
2022
2021
Property investment Income
Deposit account Interest
Dividends receivable from COIF investments
8,050
1,149
172,116
11,460
1.809
166,738
181.315
180,007
Other Income
Unrestricted
2022
2021
Substation and wayleave
355
382
355
382
Ralslng funds
Unrestricted
2022
2021
Premises Costs
Property insurance
Repairs and maintenance costs
Subscriptions
Other premises costs
682
356
1,739
558
257
535
1,106
2,144
3,089
-10-

NORTH WEST YOUNG PEOPLE'S DEVELOPMENT TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2022
Expendlture on charltable actlvltles
Unrestricted
2022
2021
Direct costs
Grant paid - Fortalice
Grant paid - Power 2 Ltd
Grant paid - Manchester Carers
Grant paid - The PrIn￿S Trust
Grant paid- Manchester YMCA
Grant paid - MyBnk
Grant paid - Manchester Young Lives
Grant paid - Well Minds
Grant paid - Outward Bound Trust
10,000
10,000
15,000
15,000
25,000
25,000
15,000
15,000
12,680
5,000
22,750
105.430
65.000
Support costs
Legal and professional fees
Website costs
5,862
484
3,248
213
6,346
3,461
Governance costs
Legal and professional fees
Trustee indemnity insurance
Trustee meeting expenses
Bank charges
Independent examiner's fee
449
612
173
54
1,780
367
533
257
1,485
3,068
2,698
114,844
71,159
Governance
costs
Support Total costs Total costs
Basis of
costs
2022
2021 apportionment
Legal and professional fees
Website costs
Trustee indemnity insurance
Trustee meeting expenses
Bank charges
Independent examinerfs fee
449
5,863
483
6.312
483
612
173
3,615 Time spent
213 Support
533 Governance
257 Governance
56
1,485 Governance
612
173
54
1,780
1.780
3,068
6,346
,414
6,159
Indomnity insurancg
Professional indemnity insurance al a cost of £612 was held during the year to 31 March 202212021".
£5331 tts indemnify the trustees against potential claims.

NORTH WEST YOUNG PEOPLE'S DEVELOPMENT TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2022
Related party transactions
There were no transactions with related parties in the current or previous year.
Trustees, remuneration and expenses
No remuneration was paid to the Iruslees in respert of their services as trustees during the year.
Expenses of £17312021. £2571 were incurred in respect of the Iruslees, meeting expenses.
Fixed asset investments
COIF
Investment
Charities
Property Investment
Fund
Total
Fair value as at 1 April 2021
Additions
Disposal proceeds
Nel investment gains
143,000
5,295,315
5.438.315
492,148
492,148
Fair value at 31 March 2022
143.000
5,787,463
5.930.463
Historical cost al 31 March 2022
151,478
3,841,800
3,993,278
The fair value of the investment property is based on the Iruslees, estimate of the market value at 31
March 2022 based on an online valuation source.
10
Debtors due within 1 year
2022
2021
Accounts receivable
-12-

NORTH WEST YOUNG PEOPLE'S DEVELOPMENT TRUST
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2022
11
Credltors.. amounts falllng due wlthln one year
2022
2021
Accruals
1,958
1,813
1,958
1,813
12
Inalienable and historic fixed assets
The Trust owns land at Garstang Road, Blackpool, which is not included in the aceounls. The original
cost of the land is not known. The Trustees consider that the costs involved in obtaining a valuation
would outweigh the benefits that would be derived by users of the accounts.
-13-