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2024-03-31-accounts

NDEX:
aoes:
&rterils:
2-9 Trustee's Report
10 lndependentb(aniners'Report
11 Statement ofFinancialActivities
12 BahnceSheet
13 Notes to theAccounts

Objectives andActiviti es
SORPrEererr
SummaryoftheF$posesof
thecharity as sel out in ils
govemingdoqrment
ka1.17 Toadnanceinfifuandhelpyourg
peo$ethrough:
(a)Theprovbiofiofrecrealimala.dlei$rre
tinediviliesircfu<tingmrsbprwifedh
the inGrcstofsocblwdfare.
(b) ProvUhS supportardactivitbswtri*t
heh derebp8!eirlibslils,caFacitiesand
caFb&IFsb en*lettEmtopafEpatein
society as mature andresporsibb
individuab-
ToactasalesorrceforFung
people..pto theage of2'l(r}d25for yq.mg
peopbwitrLeamingClifficutliesand
Dsatittiesifappropriate)living inConrwall
ardDe\ron byprovilirgadvbeild
asistrreandorganishgprograrrneof
musi:d,edtrcalixdarddEractiyitieswifr
aview roempoflerirgyoung peopleto
belie\rehthemselvs,deYeloptheir
ifffivitrdireflliliesandgr*hpersonal
confidence-
Summaryofthemain
activities inrelationto lhose
purposes forthepr6$c
benefh,inparticular,the
P*a1.17ald
't.19
Livanircfucusesonsupportforyoung
people aged10to21ofrringafullrangeof
qualdyfuctitbsandactivities,including
musiclessons,guilar,bass,drumsand
activities, projectsorservices vocals,(ehearsalandrecordingstudbsand
identifiedintheaccounts. a z)Oc4acityrnr.rsictemre,pluscoffee bar
ireawithpooldldgafrEslabhsamong
othersocialtyengeging activities.
LiveryirecofltiruestoproviJeenhanced
servbesin lelation totlleprovbionofmental
heatthand $elFbeingserviceswithafully
cpffiedlead counselqandteamof
qualifiedardtrainee counsellors underher
expertguirance.Our teamofqualifiedand
trairEecoJnsellors havealsobuiltontheir
exbtingprofessional qualificationsby
rrndert*irEanurberofmefltalhealth
relatedtrahing@ursestoensurethebest
levelofsupportcan beofferedtoyoung
peode.
Livewire provklesaconsistentprogrElmmeof
activitiesandsessionsforarangeofage
groupsasudlasadaptativeardtargeted
sessions specific demographicsas theneed
arises,forercmpleouryoungwomen
sessaonswhicfiioolsonsupportingyoung
wornenwithaviewtoincreasingfemale
refies€fitalbnhlhemrsbindustry.
Statement confirming Far_a1.18 \,\,hen planningouractivities,thetrustees
whether the trustees have have given consireEltiontothedutyunder
hadregard totheguklance
issuedbythe Charity
Commissiononpublic
benefit
Seclbn17(5)ofttpCharitesAct 201'lto
havedueregardtopublbbenefitguidance
pubfistEdbytleCtraritbsCommbsion. The
trustees have paiddleregad toguidance
issuedbytheCharitiesCommissionin
ffirE
whatactiviliesfheCharitysholrld
underteke.
SOR Pre{erence
The conbibtrtionmadeby volunteerslo
P-. 1.3a Livflrilecontinues tobesignificant. While
Contributionmadeby wehaveanumber ofpaidstafflvhoprovide
volun{eers couEeHirE,youthrmrftardmusb servbes
toouryoungpeople,werelyheavilyon
volunteers to support oursessions.This
efisures that thereareappropriate
individualswtlocanbe afrbndlyfaceand
id€rfiry uAere young people may need
further support andhelpwith lheday to day
operationofouryouthevenings.Thbhelps
ouryouth u,orkersandcoLrEeIir€team
triage theneedfor ourrnentalheallh and

Achievenrents and Pe rformanc€
SORPretererEe
Livewireisafu[yindependent charityandis
cofipHdydependerdoncontractsfor
servilessupplied, donations and fundraising
Summaryofthe main
achievementsof$edarity,
P*a1m organisedbyvoluoteers, fLrsteesandpaid
staff-
identifying the difference the
charity'srwrkhasmade to Mdn achkvementstt$syearhaveirrcluded:
the circumstances ofits
beneficiaries andanywider
benefitsto socie{yasa
whole.
1)Successfulyouttsessions.on\,t€eknight
serings,irddiflgseniorsessions,
juniorsessions as$rellasyoung women
sessionsonTuesday eveningswhich
@{ilhuesto bereIdtended.
2)Mentalhealhanduell-beingsupport
Flgrannneofieredwtrere yotrng people
reIrrainabbbreferthemselvesfor
counsellingservies.
3)Liverrke hasruns{rrEhugely successful
eventsthroughouttheyearincluding
Edfest,Rockir€bytheRiver andMetal 2
theM6sesudtichhave beenvery
successfulbothintermsofprofileand
tundraising.
4)Afuraspoffddlatbntoinvestinour
PAsystem Livewirc installedastate of
theartsystemwhitwasafantastic
r$g,-
atdenerres weareabbtonot
onvput oneventswilhthebestsound
qualityhnabotrain our youngpeople
witrqttingedge technology.
5)Themost mernorabb evenl ofthisyear

FinancialReview
Review of the chariqy's Successful fundraisingandthe generosityof
financial posifionatthe end
ofthe period
ourmarysupportersha\reenabledus to
achhv€an operalingsurdusforthis year
despite an increaseinstaffand othercosts.
The
bin ahealthy financialposition.
Statement explainingtfle
policyfor holding reserves
PaIa1.72 Itisthepoliqofthe charity that unrestricted
funds wh:chhavenotbeendesignated for
statingwhy they are held specificusesholdbermhtainedatalevel
equivalenttobetweenthree tofourmonth's
expenditure.Thetrusteescrnsiderthat
reseryesatUdsldelwillensurethat,in the
eventof asignificantdropinfunding,they
willbeabbtocontinuethe charity's cunent
aclivities whileurgent considerationisgiven
to wa)6inufiichadditbnal tunds maybe
raised.Thislevelofre3erveshasbeen
maintained throughout the year.

You
chocetoindudefur

therstateme
rtswtte erelevantabout
Charity funds continue toderivefroma
combinatbflofonlinefundrabingand
Thecharity's principal donatirns abngwith specificturdingbids
sourcesoffunds (including Para1.47 whichrelate tothe Charity's charitable
anyfundraising) obie(lwesand@nentproiecls.
The principalrisksfiacingthe charityarethe
conthudaydabilityofappropriate and
Adescriptionofthe principal Para1.,16 relevantgrantsfiorwhirrvvecan
risksfacingthecharity successfu[yapp]y.Given thecunent
ecmombcllnabrrexpe€tthesetobe
hardertocorne byand hardertosecure as
morcardmorectaritiesseektorelyon
tlleselrcoanestreams- Floirever, we
consider thatourhackrecordand successful
detveryofthe mentaltcdlhandwell being
programmewill put usinastrong positionto
secure thesegrants.

Reference andAdmini strative details
Charity name LiveurireYouth Project
Othernamethe charity uses Livevrire,Sallash Boys' Club
Regbtered cfiaritytxrrber 3m632
Charity'sprincip€taddress LiEnieYdthftqect
BrmkeCle
Sea!
PL124EN
Namesof thechar itytrusbeswtrormna gethecharity
Trustee name Offce{if any) DaEsebditnotlbrwllob
Far
l,larEotpeEon(or body)enti[ed
bTfr-*tss&e(ifany)
1 Helen TrethaA/ey Chair Trustees
2 Anthony Studden Trustee Trustees
3 MarkWilson TrusteeOrcasurer) Trustees
4 AndranrJacques Trustee Trustees
5 AnthonyChis\rrell Trusiee Trustees
6 PelerBond Trustee Trustees
7 Geoff Peggs Trustee(Sesetary) Trustees
8 Bryan Baker Trustee Trustees
I Andrew Moir Trustee Trustees
10 Michael Snook Trustee Trustees
11 JoCann Trustee AppointedOln3l2t24 Trustees
'12
13
14
tl
15
16
17
18
19
20

2024 2023
Es@:
Donationsand leoacies:
Restrictedfunds 60,393 73,786
Unrestrictedfurds 51,O59 52,838
111.452 126,624
Activities for generating funds 80,346 72,620
Other receipts
191,798 199,244
LeSs:
Resources expended
Directcosts (149,495) (136,330)
Overheads (65,e80) (32,721|
NETOPERATINGSURPLUST{DEFICIT}
FOR THEYEAR
123,677j30,193
Provision forbuiklingreparrs-conpleted 30,000
Provision forwork withlocalschools
Provisionforbgalfees-CIOconersion s,ooo(15,000)
NETSURPI-US FOR TI{EYEAR 11,323 15,193
Fund balancesat 31d March 2023 407,62 391,869
Fundbalancesat 31d March 2024 t418,385 8407,62
LIVEWIRE YOUTH LIVEWIRE YOUTH PROJECT
A
BAI-ANCE SHEET
iStsr*encnzoz+
Notes 2024
t
2023
f
FIXEDASSETS 2 289,440 278,420
CURRENT ASSETS:
Stock
DebtoE
Cashatbtrs(andinhafid
100
6,'104

48,840
75
4,902
109,742
HSBC/Lloydsbank-reserve accounts84,245 63,237
139,289 177,956
CREDITORS:
ArnountsfailE€drre
withinoneyear
Trade creditors (344) (4,314)
Provisionforconversbn
toCIO (10,000) (45,000)
{10,3a41 {49,314)
NETCURRENT ASSETS 128,945 128,642
e418,385 t407,062
Reoresen&dby:
Freeholdproperty 250,000 250,000
Equipment and Fumishings 39,440 28,420
Unreskicted funds 128,945 128,&2
8418,385 t407,062

2.FXEDASSETS
Land & F&F&
Buildings Equipmcrt TOTAL
s
At Cost:
il"tnpritzoza
250,000 200,345 450,345
Revaluationinyear
Additions 24,166 24,166
At31d March2024 25O,0OO 224,511 474,511
Deoreciation:
ATi-nprirzozg 171,925 171,925
Chargefortheyear 13,146 13,146
At31d March 2024 185,071 185,O71
NetBook Value:
At31-Marctr2023
25o,ooo 28,420 278,420
At31"tMarch2024 s250,000 t39,44o c289,40

2021 2023
INCOMING RESOURCES:
Donations and Grants:
Restncted Grants 60,393 73,76
Donations 51,059 52,838
Activitiesfo. iunds 111,452 1,624
Ev6nts 12,089 12,414
Chargeaue services 54,208 49,g28
MembeIship subscriptions 7,O70 6,912
Venue hire 230 48
lnterest received 2,194
Sundry 2,O15 1,984
77,W6 71,26
CoffeeBar- Sales 7,565 5,814
Le€s:Costofsales s,025 4,480
CoffeeBarGmss Proftt 2,540 1,334
TOTAL INCOME 191,798 1992U
Less:RESOUfTCESEXPEM)ED:
Pitrs!-sts
Salaries and wages 145,635 1?9,570
Bands andevenb 3.860 6,760
149.495 136,330
O\r€rheads:
Advenising 1,889 1,816
Building repairs 26,663 3,079
ConsumaUes 560 745
Books andpuHications 149 290
lnsurance 4,923 4,632
Equipmentrepairsand renewals
Depreciation
2,019
13,146
'1,769
9,473
Telephone and intemet 1,088 751
Televisaonlicenc€ 159 160
Stationery& ofncecosts 1,703 4d2
Professionalfees 5.618 1,981
SecuW 312 653
Giftsand donations
Sub6criptions
Bankcharges
734
575
89
1,019
1U
62
Sundryelpenses
Travel andetrtertairmg
Lltilities
636w
5,369
1,063
869
3,713
65.980 32,721
(2',t5,47s' (169,051)
NETOPERATING SURPLUS'(DEFICMFOR THEYEAR ee3sf7) e30,193