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|INDEX:||
|---|---|
|Pages:|Contents:|
|2-7|Trustee'sReport|
|B|lndependent Examiners' Report|
||Statement ofFinancialActivities|
|10|BalanceSheet|
|11|Notes to theAccounts|





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|ObjectivesandAc|tivities||
|---|---|---|
||SORP reference||
|Summaryofthe purposes|Para1.17|To advance inlifeandhelpyoungpeoplethrough:|
|ofthe charity as set outin<br>itsgoverningdocument.||(a)The provision ofrecreationalandleisure time activities<br>including music providedinthe interestofsocial welfare.|
|||(b) Providing support and activities which help develop theirlife|
|||skills, capacities, and capabilities to enable them toparticipate|
|||insociety as mature and responsibleindividuals.|
|||To act as a resource foryoung peopleup tothe age of|
|||21(and 25for youngpeoplewith Learning Difficultiesand|
|||Disabilitiesifappropriate) livingInCornwall and Devonby|
|||providing advice and assistance and organising programmes|
|||of musical, educational, and other activitieswithaviewto|
|||empowering youngpeopleto believeinthemselves, develop|
|||their individual identities andgrowinpersonalconfidence.|
|Summaryofthemain|Para1.17 and|Livewirefocusesonsupportforyoungpeopleaged9to21|
|activities in relationto|1.19|offeringa fullrangeofqualityfacilities and activities,including|
|thosepurposesforthe||musiclessons,guitar,bass,drumsandvocals,rehearsaland|
|public benefit,in||recording studios and a25O-capacitymusic venue,pluscoffee|
|particular, the activities,||bar areawithpoolandgamestablesamongothersocially|
|prolectsorservices||engagingactivities.|
|identifiedinthe accounts.||Livewire continuestoprovideenhanced servicesinrelationto|
|||theprovisionofmental health and well-beingserviceswitha|
|||fully qualified counsellor and team of trainee counsellors under|
|||herexpert guidance. Ouryouthworkers have also builton their|
|||existingprofessional qualificationsbyundertakinganumberof|
|||mental health related training coursestoensurethe bestlevel|
|||ofsupport can be offered toyoung people.8ofour volunteers|
|||completed the Mental healthFirstAid trainingthis yearalone.<br>Livewire providesaconsistentprogrammeofactivitiesand|
|||sessionsforarangeofagegroupsas well asadaptiveand|
|||targeted sessions specificdemographicsas theneedarises,|
|||forexampleouryoungwomen sessionswhich focuson<br>supportingyoung womenwithaviewtoincreasingfemale|
|||representationinthe musicindustry.|
|Statement confirming|Para1.18|\rVhenplanningouractivities, the trustees have consideredthe|
|whether the trusteeshave||duty under Section 17(5) of the CharitesAct201 1tohavedue|
|hadregard tothe<br>guidance issuedby the||regardtopublic benefitguidance publishedby theCharities<br>Commission.The trustees havepaiddueregardtoguidance|
|Charity Commissionon||issued bytheCharities Commissionin decidingwhatactivities|
|publicbenefit.||the Charity shouldundertake.|





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||SORP||
|---|---|---|
||reference||
|||Livewireis afullyindependentcharityandiscompletely<br>dependentoncontractsforservices supplied, donationsand|
|||fundraising organisedbyvolunteers, trustees, andpaidstaff.|
|Summaryofthemain|||
|achievementsofthecharity,||ThesuccessfultransitionbacktoLivewire'sinpersonoperations|
|identifying the differencethe|Para1.20|hasincluded:|
|charity's work hasmade to|||
|the circumstances ofits||1)Successfulyouth sessions on weeknight evenings,including|
|beneficiaries and any wider<br>benefits tosociety.||seniorsessions,juniorsessionsaswellasyoungwomen<br>sessionsonTuesday eveningswhichcontinuestobewell|
|||attended.|
|||2)Mental healthandwell-being supportprogrammeoffered|
|||where young people remainabletoreferthemselvesfor|
|||counsellingservices.<br>3)Livewirehasrun some hugelysuccessfuleventsthroughout|
|||theyearincluding the Stiff Little Fingersgigwhichwasagreat|
|||profile raiser, Rocking bytheRiver4and Metal2 theMasses|
|||which has been verysuccessfulboth in termsofprofileand|
|||fundraising.<br>4)Some fantasticyoung bandsandperformersarebeing|
|||developedandplayingatregular, local, andregional events|
|||suchas theJubileeCelebrations,ttlayfairandRegatta,and|
|||largefestivalBroadmasters. Livewire alsoprovidedateam of|
|||stewardsforGlastonbury2022whichbringsinadditional|
|||revenue,|
|||5)Livewirehascontinuedtoraise fundsandreinvestthemin|
|||equipmentinthe building which helpsus totrain young people|
|||withupto-dateequipment includinganew lightingdesk.|
|FinancialReview|||
|Reviewofthe charity's||Successful fundraising andthegenerosityofour many supporters|
|financial positionattheend||haveenabledus toachieveanoperating surplusfor this year|
|oftheperiod.||despite an increaseinstaff and other costs.Thecharityis ina|
|||healthyfinancialposition.|
|Statement explainingthe|Para1.22|It isthepolicyof the charity that unrestrictedfunds which havenot|
|policyfor holding reserves<br>stating why they areheld.||been designatedfor specificuseshould bemaintainedatalevel<br>equivalenttobetweenthreetosixmonth's expenditures.The<br>trustees consider that reserves atthislevelwillensurethat,inthe|
|||event ofasignificantdropin funding,theywillbe able to continue|
|||the charity's current activitieswhile consideration is given to ways|
|||inwhichadditionalfundsmay be raised. Thislevelof reserveshas|
|||been maintained throughouttheyear.|





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|You maychoosetoincludefu|rther stateme|nts where relevantabout:|
|---|---|---|
|||Charityfunds continue to derive froma|
|||combinationofonline fundraisingand|
|The charity'sprincipal||donationsalongwith specific fundingbids|
|sourcesoffunds(including|Para1.47|whichrelateto the Charity's charitable|
|anyfundraising).||objectives and currentprojects.|
|||The principalrisksfacing the charityarethe|
|||continued availability of appropriateand|
|A descriptionoftheprincipal|Para1.46|relevant grantsforwhich wecan|
|risksfacing thecharity.||successfullyapplyGiventhe current|
|||economicclimateweexpectthesetobe|
|||harder to comebyandharderto secureas|
|||more and more charities seektorelyon|
|||theseincomestreams.However,we|
|||consider thatourtrack recordandsuccessful|
|||deliveryofthe mental healthandwell-being|
|||programme will put usin astrongposition to|
|||secure thesegrants.|



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|Type of governing document|Para1.25|CONSTITUTION ADOPTEDO8/11/1957 AS|
|---|---|---|
|||AMENDED ON26104/1961|
|||ASATVIENDEDON1711211998|
|||AS AMENDEDON1510312014|
|||ASAIVIENDEDON|
|Howisthe charity|Para1.25|Unincorporated association|
|constituted?|||
|Trustee selection methods|Para1.25|Trustees are identified as individuals of|
|including details ofany||standingandwith appropriate and relevant|
|constitutional provisions,e.g||skills which will benefit thecharity.Thenew|
|electiontopost or name of||trusteeisproposedandsecondedbyother|
|any person orbody entitled||trusteesandvotedtotheBoardbythe|
|toappointoneormore||remaining Trusteesat atrusteemeeting.|
|trustees.|||





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|||Trusteename|Office (if any)|Datesactedifnot forwhole<br>vear|Nameof person (or body) entitled<br>toappoint trustee(ifany)|
|---|---|---|---|---|---|
||1|HelenTrethewey|Chair||Trustees|
||2|AnthonyStudden|Trustee||Trustees|
||3|[VlarkWilson|Trustee(Treasurer)||Trustees|
||4|Andrew Jacques|Trustee||Trustees|
||5|AnthonyChiswell|Trustee||Trustees|
||6|PeterBond|Trustee||Trustees|
||7|GeoffPeggs|Trustee(Secretary)||Trustees|
||I|Bryan Baker|Trustee||Trustees|
||I|Andrew Moir|Trustee||Trustees|
|1|0|MichaelSnook|Trustee||Trustees|





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||2023|2022|
|---|---|---|
||€|€|
|lncomingresources:|||
|Donationsand leqacies|||
|Restrictedfunds|73,786|66,950|
|Unrestrictedfunds|52,838|54,170|
||126,624|121,120|
|Activitiesforgenerating funds|72,620|65,200|
|Otherreceipts|||
||199,244186,320||
|Less|||
|Resources expended|||
|Direct costs|(136,330)|(125,221)|
|Overheads|(32,721)|(27,472)|
|NETOPERATING SURPLUS|30,19329,627||
|FORTHE YEAR|||
|Provisionfor buildingrepairs||(15,000)|
|Provision for workwithlocalschools||15,000|
|Provisionforlegal fees-CIO conversion|(15,000)||
|NETSURPLUSFORTHEYEAR|15,193|29,627|
|Fund balances at31"tMarch 2022|391,869|362,242|
|Fund balances at31stMarch 2023|L407,062|f391,869|





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|Notes||2023f||f<br>2022|
|---|---|---|---|---|
|FIXEDASSETS||278,420||267,549|
|CURRENT ASSETS|||||
|Stock|75||122||
|Debtors|4,902||7,728||
|Cashat bankandinhand|109,742||101,269||
|Lloyd bank-reserveaccount|63,237||52,368||
||177,956||161,487||
|CREDITORS:|||||
|Amounts fallingdue|||||
|withinone year:|||||
|Trade creditors|(4,314)||(7,167)||
|Restricted incomereceived|||||
|inadvance|(45,000)||(30,000)||
||(49,314)||(37,167)||
|NET CURRENTASSETS||128,642||124,320|
|||f407,062||t391,869|
|Representedbv:|||||
|Freeholdproperty||250,000||250,000|
|Equipment andFurnishings||28,420||17,549|
|Unrestrictedfunds||128,642||124,320|
|||8407,062||f391,869|





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|2.FIXEDASSETS||||
|---|---|---|---|
||Land&|F&F&||
||Buildings|Equipment|TOTAL|
||E|€|€|
|AtCost:<br>AtlstApril2022|250,000|180,001|430,001|
|Revaluationinyear||||
|Additions||20,344|20,344|
|At31"tMarch2023|250,000|200345|450,345|
|Depreciation:||||
|At1stApril2022||162,452|162,452|
|Chargefor theyear||9,473|9,473|
|At 31"tMarch2023||171,925|171,925|
|NetBook Value:<br>At31"t March2022|250,000|17,549|267,549|
|At31stMarch2023|9250,000|828,420|8278,420|





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||||2023||2022|
|---|---|---|---|---|---|
|INCOMING RESOURCES:||||||
|Donations and Grants:|||€||E|
|Restncted Grants|||73,786||66,950|
|Donations|||52,838||54,170|
||||126,624||121,120|
|Activities foro neratinqfunds||||||
|Events||12,414||7,257||
|Chargeable services||49,928||53,363||
|Membership subscriptions||6,912||3,812||
|Venuehire||48||485||
|Sundry||1,984||200||
||||71,286||65,117|
|CoffeeBar-|Sales|5,814||2,768||
||Less:Costof sales|4,480||||
|CoffeeBarGross Profit|||1,334||B3|
|TOTALINCOME|||199,244||186,320|
|Less:RESOURCES EXPENDED:||||||
|Directcosts||||||
|Salaries and wages||129,570||123,200||
|Bands and events||6,760||6,021||
|||136,330||129,221||
|Overheads:||||||
|Advertising||1,8'16||96||
|Building repairs||3,079||1,'113||
|Consumables||745||1,220||
|Books and publications||290||555||
|lnsurance||4,632||4,843||
|Equipment repairs and renewals||1,769||4,955||
|Depreciation||9,473||5,850||
|Telephone and internet||751||1,O22||
|Television licence||160||159||
|Stationery||462||863||
|Professional fees||'1,981||t,Jzo||
|Security||653||1,248||
|Gifts and donations<br>Subscriptions||1,019<br>184||^^;||
|Bankcharges||||||
|Sundry expenses||1,063||572||
|Travel and entertaining||869||674||
|Utilities||3,713||2,677||
|||32,721||27,472||
||||(169,051)||(156,693)|
|NET OPERATING SURPLUS FOR THE YEAR|||€30,'193||t.29,627|