2021-03-31-accounts - Livewire Youth Project

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				sorip nrAnnca
Summary ofIhe purposes ofthe charity as set out in				Pal i 17	Toadvance in life and help young people through:
ils governing			document		(a) The provision ofrecreational and
					leisure time activities including music
					provided in the interest ofsocial welfare.
					(b) Providing support and activities which
					help develop their life skills, capacities
					and capabilities to enable them to
					participate in society as mature and
					responsible individuals.
					Toactas a resource for young
					people up to the age of21 (and 25 for
					young people with Learning Difficulties
					and Disabilities ifappropriate) living in
					Comwall and Devon by providing advice
					and assistance and organising
					programmes ofmusical, educational and
					other activities with a view to
					empowering young people lo believe in
					themselves. develop their individual
					identities and grow m personal
					confidence.
Summary		ofthe main		pars i ir and 1 11	Livewire focuses on support for young
activities		in	relation to		people aged g to 21 oNering a full range
those	u		ses for the		of uat' facilities and acttvNes

					The contribution made by volunteers	to
			Pnr	38	Livewire is significant. While we have	a
Contribution	made	by			number ofpaid staff who provkfe
volunteers					counseling, youth work and music
					services to our young people. we rely
					heavily on volunteers lo support our
					sessions when we are able to hold in
					person sessions. This ensures that there
					are appropriate individuals who can be a
					friendly face and identify where young
					people may need ttrrther support and
					help with the day today operation ofour
					youth evenings. This helps our youth
					workers and counselling team triage the
					need for our mental health and weN
					being services. Our team oftrainee
					counsefiors also enable us to provide	a
					much more extensive counselling service
					under the guidance ofour professionally
					qualNed counsellor and we are able to
					reach more people than we otherwise
					coukl. Volunteers also help us run
					events and manage operations and
					fundraising for Livewire through our
					management committee and Trustee
					board.
					During this financtat year Uvewire has
					had to drastically adapt its service so
					that we were able to continue to provide
					services virtually. This continued to
					require a tot ofvolunteer support to
					check in on our online groups with young
					people and keep the Livewire name in
					the community which helps with
					fundrais

					Livewire is a fully independent charily	Livewire is a fully independent charily
					and	is completely dependent on
					contracts for services supplied.
Summary ofthe main				pnr ro	donations and fundraising organised by
achievements		ofthe			volunteers. trustees and paid stalf.
charity,	identifying the
difference Ihe charity's					The last financia year has, as il has
work has made			to the		been for many. proved to be our most
circumstances		of its			chafienging in terms of finding ways to
benefictaries		and any			deliver our servhes to our young people
wktef benefits		to society			during the Covtd-tg pandemic. However.
as a whole.					in response to these extraordinary times
					we	have:
					t)	Transitioned without interruption from
						a in person4ased servhe from our
						building to a fully onfine servhe for
						the duration of 'lockdown'. This
						included the continued provision of
						music lessons online, a virtual social
						media page where members can
						come along and speak to each other
						as well as the youth workers.
						counsefiors and volunteers.
					2)	Despite the lockdown, we have been
						able to continue to run a hugely
						successful mental health and wefi-
						being support programme whhh has
						ensured own sailing services
						remained available despite
						unprecedented circumstances.
					3)	At the start of lockdown Livewire,
						almosl without interruption, switched
						to an online operation providing a
						point of contact for young people
						through our Facebook and
						Inessengef pages.
					4)	We have provided a specific young
						women's mushtan group whhh was
						operahng throughout the lockdown
						and in person as and when permitted.
					5)	Operated a young men's wel being
						gnwp ofl'ering support to a group pf
						young men.

Financial Review
Review ofthe charity's			This was a challenging year for Livewke.
financial position at the			Although our building was cbsed for perl
end ofIhe period			ofthe time. we were able tocontinue to
			provkle services to young people online.
			For this reason, only some ofour staff
			were furloughed. Cost savings accrued
			by not opening the bufiding were smafi
			and the impossibilily ofprovkling
			chargeable senrices to schools (largely
			dosed for this period) reduced our
			income substantially. However.
			successful fundraising and the
			contdbufion ofthe Government furlough
			scheme payments enabled us to cover
			our costs and achieve a small operating
			surplus. Livewire ended the period in a
			health financial situation.
Statement explaining	the	Pars 1 22	It is the policy of the charily that
policy for holding reserves			unrestricted funds which have not been
stating why they are held			designated for specific use should be
			maintained at a level equivalent to
			between three to six month's
			expenditure. The Irustees consider Ihat
			reserves at this level will ensure that, in
			Ihe event ofa significant drop in funding,
			they will be able to continue Ihe charity's
			current activifies while consideration is
			given to ways kr which additional funds
			may be raised. This level ofreserves has
			been maintained throughout the year.

			Charily funds continue to derive	Charily funds continue to derive	from a
			combination ofonline fundraising		and
The charity's principal			donations	along with specific funding
sources offunds	(including		bids which	relate to the Charity's
any fundraising)			charitable	objectives and current
Investment policy	and	Para 1sl
objectives induding any
social investment	policy
ad ted

Descripfion	ofcharity's	ofcharity's
trusts:
Type ofgoverning					CONSTITUTION ADOPTED 08/11/1957
document					AS AMENDED ON 26O4/1961
lffu' f i,e if	I	'&'u ' ~l f)f	f)		AS AMENDED ON 17/12/1998
					AS AMENDED ON 15/03/2014
					AS AMENDED ON
How is the charily				para 1rs	Unincorporated association
constttuted7
Trustee selection methods					Trustees are identtfied as Indivkfuals	of
including details ofany					standing and with appropriate and
constitutional		provisions			relevant skills which will benefit the
e.g.elecfion		to post or			charity. The new trustee is proposed	and
name ofany		person or			seconded by other trustees and voted to
body entitled		to appoint			the Board by the remaining Trustees	at a
one or more		trustees			lrustee meeting.

Charity	name	Livewire Youth P
Other name	the charity	Livewire, Sallash Boys' Club
Uses
Registered charity number Charity's principal address		300632 ~e Youth Protest Brooke Close
		Be)tosh
		pL12 eEN

					Nome orpereoo lor body) eossod ro ~ tnmree I
	Helen Trethewey		Chair	05/12/19	Tnlst8es
	Anthony	Studden	Truslee	05/12/19	Truslees
	Mark Wilson		Trustee	09IOS/17	Trustees
			(Treasurer)
	Andrew	Jacques	Tfuste8	05/12/19	Trustees
	Anthony	Chiswell	Trustee	11/12/20	Trusl88$
	Peter Bond		Trustee	08/09/20	Triustees
	Geoff Peggs		Trustee	1/11/20	Trustees
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20

				2(I21 f	gag 8
Incomln
Restricted funds				38.703	53,517
Unrestricted funds				93,358	81,161
				132,061	134,678
Activities for generating			funds	21.932	62,201
Other receipts
				153.993	196.879
Less:
Resources ex	nded
Direct costs				(131,289)	(127,711)
Overheads				(18.616)	(23,459)
OPERATING SURPLUS FOR THE YEAR				4,088	46,709
Provision for building		repairs			(15.000)
Provision for work	with		local schookt	(15.000)
Provision for closure		due to covid-19		40,000	(40.000)
NET OPERATING SURPLUS/(DEFICIT)				29,088	(9,291)
FOR THE YEAR
Fund balances at	31"March 2020			333.154	342.445
Fund balances at	31"March 2021			K362.242	K333.154

					gOOQ
					E
FIXEDASSETS			268.802		273.559
C	RENT ET
	Stock	56		91
	Debtors	4,275		9.536
	Cash at bank and in hand	71,001		71,728
	Lloyd bank - reserve account	50.181		41,375
		125.513		122,730
CREDITORS:
	Amounts falling due
	within one year.
	Trade creditors	(2.073)		(8.135)
	Restricted income received
	in advance	(30.000)		(55.000)
		(32.073)		(63.135)
NET CURRENT ASSETS			93.440		59.595
			K362,242		f333.154
					S
	e resented
	Freehold property		250,000		250.000
	Equipment and Furnishings Unrestricted funds		18.802 68.440		23.559 59.595
			f362.242		f333.154

2. FIXE~A/~
	Land 4	FSFS
	Buildings	Equipment	TOTAL
	E	8	8
At Cost:
At 1"April 2020		173.893	423,893
Revaluation in year
Additions		1,511	1,511
At 31"March 2021		175.404	426,404
~De re~latl n
At ts Apdi 2020		150.334	150.334
Charge for the year		6.268	8.268
At31"March 2021		156.602	156,602
~eie eVacua
At31"March 2020		23.559	273.559
At31"March 2021		E18,802	R288,802

				8		E
				38.703		53.517
				03,358		81,181
				132,081		134,878
Evenls					3.888
Char0eable services			21.575		54,726
Membership subscnptions			250		2,752
Venue hint			150		280
Sundry			200		211
				22.175		61,817
Gal(tt(L(ht(- Sales					3.785
	Less	Cost o(sales	243		3.401
Cot(as BarGross	Prossi(toss)			(243)		384
TOTAL INCOME				153,003		198,879
QISELEEEIS Salaries and wa9es			131.280		128.479
Bands and events					1.232
			131,280		127.711
Qmh98(IS; Advs rbsin0					1.352
Buddrn0 rapture			86		301
Consumshies			530		588
Books and pubkcatons			747
Insllrarlce			(8)		3.206
Equipment reparrs )epprecra son	and	renewals	8,070 6,'288		1.582 7.853
Telephone and internet			828		058
Ttlavrsron kcence			158		152
Statkrnery			211		478
Prohesaonat tees			1.000		1,104
Secunty			330		300
Subscnptions					498
Bank char0es			54		318
Sundry expenses			381		319
Travel and entertekrrn0			138		1.334
Ubtrbes			2.058		3.120
			18.616		23.450
				(140,005)		(151,170)
OPERATI)IG SURPLUS FOR THE YEAR				84.068		E48,709