Charity Reglstratlon number: 700738 Company Reglstratlon number: 1843226 Merseyslde Youth Associatlon Limlted (Limited by Guarantee) Trustees, Report and Flnanclal Statements. for the year ended 31st March 2024
Merseyslde Youth Associatlon Llmited (Limited by Guarantee) Contents Pago Legal and Admlnistratlve Information Directors, and Trustees, Report 4-26 Independent Auditor's Report Consolldaled Statement of Financlal Activiti8s and Income and Expenditure Account 27-29 30 Company Balance Sheet 31 Group Balance Sheet 32 Consolidated Statement of Cashflows 33 Notes to the Financial Statem&nts 34-50
Merseyslde Youth Association Llmlted (Limlted by Guaranteo) Charity Infomiation Charfty Name: Merseyside Youth Association Limited (Limited by Guarantee) Charity Registration Number: 700738 Company Registration Number: 1843226 Governing Document: Memorandum and Articles of Assoclation dated 23 August, 1984 as amended in 1985 and 2000. Registered Offlce: Abney Butlding 65-67 Hanover Street Liverpool L13DY Principal Buslness Address: Abney Building 65-67 Hanover Street Liverpool L13DY Directorsrrrustees: P. Boy¢8 D. Cooke R. T. Dears A. Gibbons (Chairperson) J. C. Lewys-Lloyd (Treasurer) P. Moonan D. R. Swaffield Company Secretary: G. Bainbridge Chief Executive: G. Bainbridge Accountants: Sloan Accountants Limited Chartered Accountants 63 Karslake Road Liverpool L181EY Auditor: Collins & Co. Statutory Auditors and Chartered Accountants Suite 13, Hattersley House 1 Hattersley Court Off Burscough Road Ormskirk L39 2AY Bankers: HSBC plc 99-101 Lord Street Llverpool L2 6PG Barclays Bank plc 48b & 50 Lord Street Livery)ool L2 1TD
Merseyside Youth Assoclatlon Llmlted {Llmlted by Guarantee) Charlty Infomiatlon (contlnued) Solicitors: Brabners Chaff8 Street WorkNest Horton House Woodhouse Exchange Flags Church Lane Liverpool Aldford L2 3YL Chester CH3 6JD Investment Managers: Investec Wealth & Investment Llmlted The Plaza 100 Old Hall Street Liverpool L3 9AB
Merseyslde Youth Assoclatlon Llmltad (Llmlted by Guarantee) Trustees, Report for the year ended 31¥t March 2024 The trustees present thelr annual report and the financlal statements for the parent charity and Its subsldiary und6rtaking for the year ended 31 March 2024. Reference and admlnlstrallve detalls The detalls are set out on page 2. Dlrectors and their Interests The directors of the charilable company (the chartty) are its trustees for the purposes of charity law and throughout this r8port are collectelY refgrred to as the trustees. The directors who acted during the year are as stat8d below: P. Boyce D. Cooke R. T. Dears Gibbons J. R. Gosney (resigned 26 October 2023) l. Khan (resigned 7 September 2023) J. C. Lewys-Lloyd P. Moonan (appointed 18 May 2023) D. R. Swaffield M. W. Wynn (resigned 19 December 2023) D. Swaffield and R. Dears retlre by rotatlon, and, belng eligible, offer themselves for re-electlon. Strudure Governance and Mana emènt Governlng document Merseyside Youth Association Limited is a comiany limlted by guarantee govemed by its Memorandum and Articles of Association dated 23 August 1984 as amended In 1985 and 2000. The company is registered in England. It is a registered charity with the Charlty Commission. Every member of the charity promises, if the charity is dissolved whlle slhe remains a member or within 12 months afterwards to put up to £1 towards the cost of dissolutlon and the liabilities incurred by the charlty whlle the contributor was a member. Appolntment of Trustees The directors of the company are also charity twstees for the purposes of charity law and under the company's Articles of Association are known as the Board of Diredors. Under the requlrements of the Memorandum and Artlcles of Association, the Trustees are 81igible, as th8 Board of Directors, to appoint additsonal trustees. As s8t out in the Artlcles of Association, trustees are elected at the AGM. There will be more than five, but no more than nine trustees. A third of the trustees must retire at each AGM, the longest in office retiring first. The trustees can CcOpt any duly qualified person to be appointed as a trustee to fill a vacancy, but a co-opted trustee will hold offlce only until th8 next AGM. When considerlng the Co-option of a trustee, the Board has regard to th6 requirements of any specialist skills needed. All new trustees will have to complete an application fomi including a skills audit. The Chalr and Treasurer and othar honorary officers will be appointed by the tru8tee3 from among thelr number at the next general meeting after the AGM.
Merseyslde Youth Assoclatlon Limlted (Llmlted by Guarantee) Trustees, Report for the year ended 318t March 2024 (cont.) Trustees induction and training New twstees recelve an induction pack including information on the roles and responslbllllles of tEUSteeshlp. It Includes a copy of the Memorandum and Artlcles of Association, the Executlvo Summary of the Business Plan and a copy of the Satest annual report and accounts. New trustees meet wlth the Chlef Executive to brief them on the operatlon of the Gharfty. Trustees are encouraged to attend appropriate external training &v8nts wherg these facilitate thg undertaking of their role. Organisation The Board of Twstees, whith can have up to nine members, admlnlsters the charity. The Board meet every six weaks. The Board wlll ¢onvane sub groups for specific pUoSe$ e.g. fundraising as and when required. A Chief Executive is appointed by the trustees to manage and strategically devélop the day-to4fay operatlons of the charity. To facilltate effectlve operations, the Chl8f Execulive has delegated authorlty, withln temis of delegation approved by the trustees, for operatlonal matters Including finance, employment and activlty related to the direct worf( wlth young people. Partner organlsatlons The Charity has a close relationship with VS6, which Is a partner8hip of support organ18atlons working with 8600 voluntary, Community, faith and social enterprise groups operating across Liverpool City Region. It works to champion the vltal role of our sector in the future of the clty reglon, seeking to shape local pol¢cy and implementation for fhe benefit of our communitles. Thls Indudes the Combined Authorlty, metro mayor and the LEP. As a member of VS8. we also wort( closely with the local VCS'S and other infrastructure organisations. VS6 has an agreed manlfesto and acfilon plan which OLrtlines a vlslon for the sector including the role of the VCFSE sector In the City Region focused on three key themes.. A Healthy VCFSE Ecosystem, An Economy That Works for All and Championing Our Communitles. The CEO is a trustee of Voluntary Sector North West (VSNW), the regional voluntary sector network for the North West. VSNW ensures that the voluntary, community and soclal enterprise sector, in all its dlversty, tskes its full part in shaping the future of the North West. VSNW'S activlty to support the sector in the North West is currently focused on five areas: Devolution, System Change, Health and Social Care, Supporting Infraslructure, and Economic Development. We continue our partnership with LCVS, S8fton CVS, St Helens and Halton CVA, One Knowsley and Community Action Wffal to coordinate the infrastwcture offer across the city region. The charity is also a member of UK Youth (including the UK Innovators Group) and is a member of Youth Focus North West and Is part of thelr Strategic Leads group. The Charlty has d6veloped strategic links across Liverpool City R6glon, includlng, LCR Employment and Skllls team, ESF Providers Forum and UKSPF Provers group. We have also maintained our dose strategic links wlth the Department of Worf( and Pensions Includlr)g delivering a Youth Employment Hub at MYA'S city centre headquarters, wtth co-l¢xated DWP work coaches. This includ8s membership of the LCR Youth Hub Network. The Charity has strateglc Ilnks wlth CAMHS (including membarship of the Mental Health and Emotional Wellbeing Partnership Board) and is a member of the Sefton Emotional Achievement service (SEAS) consortium which aims to offer emotional wellbeing support for Children, young people, and their families In Sefton.
Merseyslde Youth Assoclatlon Llmlted {Limited by Guarantee) Trustees, Report for the year ended 31st March 2024 (cont.) Partner organlsation6 {contlnued) The Charity has contlnued its work wlth Llverpool City Council in membership of the Falrer, Healthler Liverpool Group, addr9ssing the social determinates of health. We have also been proactive In the Liverpool Clty Council Youth Servlce Review, attending the steering group. MYA has embedded strong and effectlve strateglc and operational partnerships linked to the delivery of Knowsley's Targeted Youth Offer. Thls Includ6s membership of the Knowslay Children and Famllles Board, and partlclpatlon In network meetings In relation to several strategles Includlng Stronger Communttles, Domestic Abuse, Vulnerable Children, Health and Wellbeing, ASB, Care Leavers and Crlme and Communlties toam meetings. We remain members of the Heath Watch Community Engagement Group and the Cheshlre and Merseyside Health and Social Care Leadershlp Group, supporting the engagement of the VCS in the Health agenda across the region, representing the needs and i8sues of young people. The CEO is also a VCFS representatlve on Cheshire and M8rseyside NHS Children and Young people's Committ&e taking a systemlc, multi-disciplinary approaGh to meets'ng the health needs of chlldren and young people. Sho Is also a member of the Cheshlre and Merseyside VCSE CYP Network group which seeks to connect the wlder sector with the ICB and to idendfy and address priority Issues across the ICB f(J)tprlnt. MYA has funding relationshlps with Liverpool City Council (Targeted Youth Support SeNice and Sports and Recreation Servlce), Knowsley CounGiI, Sefton Council, The Youth Futures Foundation, the European Structural and Invesknent Fund (ESFIYEI) (managed through Department of Work and Pènsions), UK Shared Prosperity Fund (managed through the Comblne Authorlty), UK Youth, NHS Cheshire and Merseyside Integrated Care Board, Llverpool Learning Partnership, Arts Council England, Merseyside Vio18nce Reduction Partnershlp, Youth Music, Community Foundafjon Lancashire and Merseyside, Sefton CVS, Liverpool CVS, National Citizens Sorvice ( Open via Youth Fed and targeted} Department of Work and Pensions (Flexibl8 Support Fund), PRS Foundation, VOLA and YPAS. Malmo Café rebranded to become Yonder. They remain a tenant of the building, running a café frorn the ground floor in our city centre base. This arrangement will come to 8 close following their relocation to the Baltlc Quarter, and we wlll be seeking a new café provlder In the next financial year. Cohens Chamist are a tenant at Gordon Youth Centre. Leisure United are providing football and leisure services from Jeffrey Humble Playlng Fields. Each project will have operational links and partnerships with a wlde range of statutory and voluntary agenGles within their communities (induding cornmunities of identlty) to enable a more effective and Co-ordlnated servlce for young people. Talent Match has a number of delivery partners, induding Youth Federation, Listening Ear and The Br81n Charity, procured to deliver targeted servIs, via an SLA. They also micro commission a wide range of organisations who provide personal and social development opportunities for young people. The Charity wholly owns a trading company MYA Youth Limited, and followlng a review has suspended use of the company.
Merseyside Youth Associatlon Llmited (Limlted by Guarantee) Trustees, Report for the year ended 318t March 2024 (cont.} Rlsk management The Charity contlnues to Implement Its established Health and Safety pollcy as well as procedures to ensure that rlsks are minimised for both staff and young people In all other aspects of Its work. Th&se Include Safeguarding and Child Prole¢tlon procedures, risk assessment of activities (on and off site), administration of medication policy and procedure and a separate resldential policy. WorkNe8t provide external Health and Safety advice and undertake annual premises audits and monitor progress against action plans. HR provide regular Health and Safety update briefings to all Project managers and coordinators. Infomation is diss6rninated at th6 Board of Trustees and Senior Management Team meetlngs. Health and safety is a standing agenda it&m on the Board meetings, Senlor Managem6nt Team meetings as well as t6am meetlngg and wthin supervlslon sesslons. A rolllng programme of health and safety trainlng Is dellvered to staff members including risk assessment, first aid and flre marshal tralnlng as well as other modules of the e-Leaming Health and Safely training. The Charity has reviewed its Insurance needs at May 2023 to ensure appropriate cover for all charitsble activities. The Charity has a reserves pollcy, whlch is regularly reviewed by the tTUStees to ensure suslainability, Reserves pollcy It is the long-term intention of the Trustees to build up our unrastricted reserves 80 that they represent the equlvalent of twelve months, worth of runnlng expenses. It is also the Intention of the trustees to hold an additional sum, equivalent to three months, worth of restricted expenditura, in unrestrlcted reserves. These objectives have been met. The total of unrestricted reserves currently stands at £3,200,407 and restricted reserves at the year end date total £46,613. Ob ectivos The objects of the charity are". To provide and co-ordinate in the interests of social welfare facilities for recreatlon and other leisure time occupation for young people in Merseyside who have need for such facilities because of their youthfulness, inflrmlty or dlsablement, poverty or social and economic circumstances as to d8V8lop thelr physical, mental, spiritual capacities that may grow to full maturity as Individuals and members of society. Public Benefit statement When planning our actlvltles ft)r the year, the charity considered tha Charity Commisslon's guidance on public benefit.
Merseyslde Youth Assoclatlon Llmlted {Limlted by Guarantee) Misslon Trustees, Report for the year ended 31 St March 2024 (cont.) Our mission is to ¢o-cre8te positlve and lastlng change in the Ilves of Merseyside's young p80pIe. Vlslon: Liverpool City Region has young peopl& able to learn, adapt and thrlve In their communities with prtde, belief, hope, independence and resillence. Alms: To give overy child and young person the best start in Ilfe To enable a sense of belonging in our young people To inspire our young people to achieve thelr full potentlal To enable all children and young people to maxlmise thelr capabllltles and have control over their lives To contribute to the development of healthy and suslainable places and communitses To build a strong, positive and dynarnlc workforce, creating fair employment within MYA and across children's and young people's servlces Objectives: To deliver a high-quality experienc6 for all young p90ple To co-design a responslv6 curriculum that predicts and responds to n8eds To embed the IDEA framework in all our planning To provide a stimulating and inspirational environment that supports personal development To influence for positive systemlc change wlÉh and for young people and their organlsations and seNices wlth whlch they engage To U11$6 reflective practlco as an employer as well as a provlder To malntain our extemal quality assuran framework Values: Young Person Centred Inclusive, adaptable and Accesslble Responsive and Flexlbl& Friendly and Non-judg6mental Challenging and Rewarding SuptM)rtive and Developmental Effective and Efflcient
Merseyslde Youth Association Llmlted {Llmlted by Guarantee) Trustees, Report for the year ended 31 St March 2024 {cont.} Key Enablers TO BE PEOPLE TO NURTURE TO BUILD AND FOCUSED BELONGING SUSTAIN AND DEVELOP INTERVENTIO ASENSE OF NS THAT IDENTITY RESPOND TO NEED TOBE COMMUNITY BUILDERS TOBE CHANGE MAKERS TO FOCUS ON WELLBEING AND RESILIENCE THROUGH A TRAUMA- INFQRMED LEN5 Needs analysls Our Youthwork offer starts with an analysis on what young people's needs are, and our offer and cUrri[Urn are developed to address them. Our young people's needs include: Feellngs." Social Isolation Identity Feellngs of belonging Feelings of safety Peer relationshlp dlfflculties Anxiety and depression Health anxlety Body image Hopelessness Apathy Fear of the future Behaviours." Unhealthy relationships Risk taklng Vaping Smoking Eatlng difficulties Poor sleeping patterns Wiolent behaviour Criminal behaviour On-llne harm Gambllng Alcohol and substanc8 mlsuse Self-Diagnosis of disabillty or health issues Conflict escalation Lack of structure or purpose
Merseyside Youlh Association Limit (Llmited by Guarantee) Trustees, Report for the year ended 319t March 2024 (cont.) Needs analysls (contlnued) External Issues: Costs ol livlng crisis Poverty Adverse Childhood Experiences FallY issues Social pressure including social media Lad( of support networks Racism Exploitation School dlfficultles Dlfficulties accessing SEND diagnosis Responsive Curriculum Offer: We have undertaken a needs and gaps analysis and have agreed the following priorities In the comlng year: Provide Safe spaces for young people where their basic needs can be met. Provldo projects whlch: Conn6Ct young people to each other ReduTr soclal isolation Create healthy and positive peer relatlonships and leaming Focus on wellbeing, health, positive coping strategles, creatlvlty, resilience building and funl Enable young people to explore their identity Engender a sense of belonglng Promote prOOCAal behaviours, anti4liscrimlnatory practice and dlversty Enhance young people's aspirations and progressions Develop Life skllls Enhance social and emotional development io
Merseyside Youth Association Limited (Llmlted by Guarantee) Trustees, Report for the year ended 31st March 2024 (cont.) MYA Offer •lntonslvo Mwtorfng •IAG •QuallflcatloM and ¥kllls lor ompltsym•nt ohd v•orkpla¢e •Wtyik experlen¢g •EmplOY and Industry eng•gwnont •Duk• ot Edlnhuryh •Matlonal Cltlzen$ Servlco •Creatlvg art¥ d•¥•lopmon 4Youth Emplgymont Hub •Outroa¢h work •8p•clall¥l N•urodlvf programmes •H•alth advocacy •Refjlllenc• resourceg •Therapeutic Support •Men¢#l H•alth Pyomotlon and oampalyns •Partlclpatl•n and Youth Vol<ke •NOW Fostlval •Whole 001 approa¢h to montal health •TralnlDg and Cort$ultan¢y •Trauma Informod practlce •Schotsls work •Peer m•ntors ",hallehglng Stlyma lal emtsllonal klllg dovolopm•nt Skills . Development and Employability Wider determinants of health and Wellbeing •Youth & Play work +D•ta¢hed work •l¥sue Baged and Eqi Oroup Work •SAfe spacg •Drop4n$ •Taxk and finl¥h group Pr8y•r and refeG*lon room •A41vocacy •Youth Volce •S¢J¢Oal acllon •Short Oreaks for dlgabled YP
nd famlllo9
•Hospltal bas•d Youth Work Sdwols work Social Incusion and Equalities Work Creative Personal and Social Development •Group Worfr •1.1 worfr ,Ghool partllorshlp •Po•r Educatlon •Perform•hGO Solf •xpresslon •F•stlval and Evenlg •OutdooY Edu&illon •R•sldentlal8 •Hollday Provl$lon •Ufe skllls •SoGlal Actlon •Conffldence •$elf Egt¢¢ Resilience frameworlc, Safe spaces, Progressive pathways, Pi'ofessional woi'kforce li
Merseyslde Youth Association Llmlted (Llmited by Guarantee) Trustees, Report for the year ended 31 St March 2024 (cont.) MYA Offer (contlnued) MYA'S staff are often the trusted adult in young peop18's Ilves, providing place based, community facing prolgcts that provide: Llfe*changing opportunities From (Yeative workshops to inteNentions, w6 create lrfe-changlng opportunities and transitions, celebratlng and recognising the small outcomes as well as the blg ones. Whole person approach We keep young people at the centre of everythlng we do, with a responsive whole person approach that allows individuals to reach thelr potentlal. Skills that equip them for Ilfe We want to give young people the skills they need throughout their Iiv8s. All our projects are Intended to Instll prlde, bellef, hope, independence and reslli8nce so young people can leam, adapt and thrive. Achlev8ments and erforniance We're committed to our vlslon for Llverpool Cty Region, to be a place where young people are able to learn, adapt and thrive in their communities wlth pride, belief, hop8, independence and resil1en. We want to open doors to an inclusive, flexible, respectful experlence where we c8n create posltive cascading impact that opens eyes, minds and posslbilities far and wlde, The foundatlon to this is building a sense of belonging that can and wlll last a lifetime, empowering chlldren and young people to flnd thelr place In the world. We know from experience how important strong communities are, and that posltlve change is infeclious. By championing children and young people at a personal and societal level, our efforts ripple out, doing good we may never see. So, every interaction - big or small- is another step forward, a Chance to influence the system and seclor as they evolve, a way of growlng our wider community, and of Inspiring and empowering childTen and young people to take ownership over tholr lives. Skills Development and Employability MYA Talent Match celebrated 10 years of delivery, wlth a conference at St George's Hall. This gave U8 a chance to showcase some amazing case studles proving qulte clearly INhat works" We looked back on young people, whos8 Talent Match journeys started some tlme ago, and asked Where are you now? Each one attributed their joumey and their destination to Talent Match and their Intensive Mentor. Films showGased their achievements and mapped how far they had come, demonstrating powerfully the irnpact that Talent Match Can have on young peoples, lives. 12
Merseyside Youth Assoclation Limited (Limlted by Guarantae) Trustees, Roport for the year ended 314t March 2024 (cont.) Skills Development and Employablllty (contlnued) Our ESFIYEI programme was completed In December, wlth th8 following whole programme results: Result$ Inactive partlclpants eng?ged in job-search In trainlng l educatlon upon laavlng Participants galnlng a qualification upon leaving In employment (incl, selfknemployment) upon leaving UnEmploO particlpants whD complete the YEI supportad intsNentioft UneMplod who receive an off8r of employment, education, .apprenticeship or traineeshlp . Unemployed partlclparnts who are in educatlon, tralning, gain a qLtalification or are In Employment, Inttluding seff-emplDymen( upun Ipavlng Long t8rm unemploy8d who complete the YEI supportad inteNention Long term unemployed who re¢8iv& an offer of employmenL education, apprenticeyhip or traineeship Long term unemployed participants who are in education training, galn a qualificatlon or are In employmen( including self-employment, upon leaving Inactive participants who complete the YEI supported intervention Inactive participants who receive an offer of employment, education, apprenceshIp or traineeship Inactlve participants who are in education training, gain a quallfication or are in employment, including S91f-employnTrnt, upon leavlng Target Achleved 342 938 1,513 1,006 Achieved 91./0 104% .98% 95/0 898 1,055 2,403 2,368 99% 1,460 99% 1,960 2,016 1,979 1,959 1,139 1,188 1,620 1,657 801 807 458 470 103'/. 622 663 13
Merseyslde Youth Association Limited (Llmlted by Guarantee) Trustees, Report for the year ended 31st March 2024 (cont.) Skills Davelopment and Employability (continued) We were successful in securfng UK SPF funding frorn the LCR Combined Authority to contlnue our work. MYA Youth Hub Over the last year The Youth Hub has evolved into a hub of action for 18 to 24-year-olds, referred by Job Centre Plus as an altemative offer wlth speclalist 8UPPOrt. The Hub Is Intended to be a welcoming, trusted, and safe space, and that's exactly what it has b8come. We know this from the number of young people who pop In &ven when they don't have an appolntment. Drop-in se88ions encourage social Interaction and group actlvities that explore transferabl8 skllls are always wGlcomed. Our person-centred, Individualised support puts young people in the lead and helps us see Ilfe through Iheir lens. Everyone ref&rred to the Youth Hub also gets access to Neurodiverse Mentor, Marginalised Communities Mentor, DWP Coaches, and partnership work with Talent Match. Taking a partnership approach to our work with DWP has b8en essential to our growlng success. Marketplace events are facllitated jointly and held at MYA, giving young people open access to opportunities wlth employers from tight across tho region. Mental Health and Emotlonal Wellbelng MYA Ralse Team worked with over 2,300 young people this year, delivering mental heaFth and ernotlonal wellbeing support to children, young people, their families and those who support them. We've developed and delivered various projects, including the impactful ROCKET Resilience Champion programme. This one-day resillence-building initiative, delivered in Key Stage 2, has ylelded significant results. Over 870/0 of the children who took part not only gained a deep understanding of resilience but also the necessary tools to foster IL showcasing tha effectiveness of our appToaGh. The 2024 NOW Festlval- ¢entred around the theme of ACES- was a powerful platfomi that brought together 19 schools and community groups from across Mers8yside. Other areas of work have included a project worklng with young asylum seekers, insight work on the 16-25 service and the promolion of safety planning for young people with suicidal ideation. Our Bitesize training has been dellvered to over 3,000 delegates (parents, carers and members of the chlldren and young people's workforc&) Covering a range of mental health themes, from eating disorders and self-harm to sulclde awareness, Adverse Chlldhood Experience8 (ACES), and managing anxiety and low mood. 14
Merseyside Youth Assoclatlon Llmlted (Llmlted by Guarantee) Trustees, Report for the year ended 31$t March 2024 (cont.) Mental Health and Emotlonal Wellbelng {contlnued) MYA Mentors in Vlolence Prevention The RAISE team have successfully dellv6red the Mentors in Violence Prevention Project across 30 Secondary schools throughout the Liverpool City Region, working with 492 Mentors and 4,054 mentees. This is based on the five core components: Adopting an Active Bystander Approach, Developing Leadership, Challenging Wictim Blaming, Explorlng Vlolence through a gender lens and understanding violence. This enables both mentors and mentees to explore a range of scenarios which will support their p8rsonal and soclal skllls development. Soclal Incluslon and Equalltles work MYA Know Another standout in 2023-24 has been our sa¢ond full year of delivery Sin the launch of MYA'S Integrated Youth Service, funded by Knowsley Metropolitan Borough Councll. The project has becom8 8Stablished and then embedded locally within the 8xlstlng structures and mechanisms which are in place. In total we have supportod 1,687 young people in Knowsley with over 18,000 contacts. MYA'S Integrated Youth SeIce is a comprehensive service comprising of. One-to-one intensive mentoring Health Detached Youth Work Partlcipatlon and Youth Voice Each department and area of work is integrated both intemally- to maxlmise opportunities for young people and externally within the wider sector, to ensure value and quality of intervention expertence. Highlights include delivering intensiv8 mentoring support to 133 young people, deliverfng 1,743 hours of detached youth work, wlth 7,147 contacts and 370 young people undertaking planned sessions. Think Heath have delivered 12 health campaigns, delivered school as8embli8g and drop ins to 2,698 pupils and trained 131 professionals in health related topics. 15
Merseyside Youth Assoclatlon Limited {Limited by Guarantee) Trustees, Report for the year ended 31¥t March 20241cont.) Social Inclusion and Equalities work (continued) The Dam MYA'S Outdoor Educatlon Centre, has completed Its the first full year of Independent dellvery uslng our own team of instructors and trainers. Set lakeside in breath-taking surroundlngs wlthln The Lord Derby's Estate in Prescot, Knowsley, 'The Dam, is an exclusive access centre which makes for a remote and magical experience for partlclpants. 1,951 young people have participated in a range of exciting and engaging activlties Includlng: Canoeing Paddle Boardlng Kayaking Raft Building Bushcraft Archery Our highly experienced and qualified instNGtors also provlde a number of professional sector qualifications and accreditations. Over the last year we have tralned 50 professionals, strengthening the local sector and adding further value. MYA Navigators In September 2023, additional Navigators were recrulted. a full staff team of four means that we now have a hlgher presence across th6 hospital sites, increasing staff awareness and knowledge of the project. Promotional drives, along wlth having a full staff team for half of the year, has helped us increase referrals. Navigators successfully worked with these young people, referring and signposting them onto services such as YPAS, Victim Care Merseysld8, Merseysidg Domestic ViolenG8 Service, and MYA projects including SPACE, Noise and Talent Match. MYA Cholces Knowsley This is a Short Break servlce for young people wlth complex needs and dlsablllties. We are fundad by Knowsley Councll (KMBC) and work closely wsth them to provlde the best service for our young people that is safe and enloyable, whllst also provldlng resplte for parents and carers. A varlety of activities are offared across our sessions. We plan each programme in relation to different sensory stimulation and educational tools, so young people can develop new skills and have opportunltles for learning that promote independence and inclusivlty. Holiday sessions Indude swimmlng, blgger venues wlth trampolines, sports rooms, outdoor play ar8as, and lots of space for the young people to enjoy free play, choosing the activity they want to do. 16
Merseyslde Youth Assoclatlon Limited (Llmlted by Guarantee) Trustees, Report for the year ended 318t March 2024 (cont.) MYA Cholces Knowsley (contlnued) This year, we have successfully delivered to 74 young people with 1,619 contacts (an average of 21 sessions per young person). This included 10 weeks of holiday provision and around 40 weekend sessions. One clear achievement is the consistency of our young people, who attend provision each week andlor holklay and aayS come In exclted to attend. Even wlth the new referrals, they have built a strong foundation that incorporates their needs partlcularly Sensory needs into the programme and allows them to express thomsolves fro81y. As our young people have individual complex needs, we need to contlnuing working to a professional standard, providlng new opportunlties in a safe and secure environment. Looking into the new year, we plan to keep increasing referrals whilst making sure safety remains paramount. We also hope to plan more trips and continue creating session plans to incorporate the young peoples, wants and needs, with adaptability and incluslvity. MYA You The MYA You Splice project has had some big changes this year, including leaving our long-tenn venue in Everton and moving to Speke Adventure Playground (The Venny) in May 2023. Our cohort has grown, wlth many young people moving with us and naw referrals settling in and building relatlonships w811. Now we're established, we continua to grow and develop as part of the local communlty. A new youth4ed programme has allowed us to ask Éh8 young people more about what th8y want. We have trlps planned to Hollywood Bowl, McDonalds, and Pizza Hut, which have all helped ald thelr abllity to budget and understand mon8y. New skills have been developed in the fomi of bowling and socialising In the local communlty. Soclalislng can be dauntlng for some, but wlth the SUPPOrt of staff and friends everyone has enjoyed thelr tlm6. Chlldwall Spllce18 stlll running smoothly, and we benefit from ongolng vlslts from a crlcket coach who attends most Wèeks. Thls has brought new young people to the group who stay and soclalise after Ihe sport session ends. We are really proud of how many young people attend each week, some of whom have been part of Spllce for many years. Overall we proved 51 young people with over 9,000 conlacts (an average of17 Sessions per young person). Our aim Is for fhe young people to fe61 safe and happy in a positive envlronment that celebrates thelr dlfferences, bulldlng trustlng relatlonshlps and supportlng them If they need advlce or help. There are so many barrfers for young people with SEND to actsss mainstream services. We want them to f@el 8mpowered to develop n6w skills and promote Induslvty through our servlces, adapting our sessions to meet their needs. Creatlve Personal and Social D6velopmont MYA SPACE SPACE Is based in the Llnacre ward of Bootle where it offers performlng and creative arts and wellbelng as a tool for youth work and informal education, A varfed program of youth work is dellvered, giving over 600 young people opportunitles lo learn new skllls Sn everythlng from dance and drama, to music, singing, musical theatre, script writing, set buildlng, costume making, media and fllm, music production, and band development. 17
Merseyslde Youth Assoclatlon Llmited (Llmited by Guarantee) Trustees, Report for the year ended 318t March 2024 (cont.> Creative Personal and Social Development (contlnued) MYA SPACE (contlnued) We also provlde a strong rnental health and &motlonal wollbeing offgr in schools, offerlng Ilstening ear and programmes to support young people who are struggllng to return or remain in school. OutGom6s for these sesslons Includ6 creating theatre for other young people and the community~ like our fun pantos- band performance5 and dance shows, and other more educational pieces. 'BULLY' was a theatre in education project that young people wrote and performed. 'Behaviour Yourself were short films used for an antisoclal behavlour project, and 'A Lad In Bootle, was our panto with a twist, SPACE have also facilitated mental health and wellbeing projects working in both schools and our centre. These include one-to-one space to talk, projects around stress and exams, advice on relationshlps, gexual health, money matters, drugs and substance misuse, and health and nutrition all of them helping young people to gain knowledge and skills, and build thelr reslllen. Hlghllghts Include gaining YIFfiJnding to refurbish oijr building and funding from The National Lottery for our MIND, BODY & SPACE project, facilitating a wellbeing food offer for young people. We look forward to facilitating all our projects with young people into 2024 - so watch this SPACEI MYA Nolse Partnership working has b8en key for Nolse thls year. Llnklng In with LCR Music Board SIF and Talent Match has enabled Noise to dellver another successful muslc focus8d programme whllst exploring new directions. Through collaborative working, Noise pllotad a Music Wellb8ing Group - a four-week programme with Iwo Nolse staff members and two trained counclllors. Young Artists were invited to attend tWO- hour group counselling sessions to discLJSS the anxieties and stresses that come with a life in music, whilst receiving professional therapeutic and pragmatic guidance and advice. For most in the group this was their first experience wllh any kind of counselling. A new Talont Development activty- Next Gen- was funded by Talent Match and delivered In-house by Noise. The aim was to help young people wtth an Interest In music in 6xplorlng tho industry as an employment or enterprise route for them, providing Innovative ways to up-skill young people and cultivate transferable skills. Record Club is a monthly opportunity for some of our young Artists to meet in the studlo and play new music for each other, before gaining essential constructive feedback. We are up to our 12th Record Club and have a dedicat6d cohort who gain a great deal from these monthly sessions. MYA NCS We successfully delivered our first two NCS Targeted programmes running from January - March 2024 for 14 SEND young people, and Aprll June for 34 young people from the Knowsley and Llverpool boroughs. 18
Merseyslde Youth Assoclation Limited (Limited by Guarantee) Trustees, Report for the year ended 318t March 2024 (cont.) MYA NCS (contlnued) The young people engaged in the 12-week d@velopmenf course, completing sessions around Life Skills, induding a day at MYA'S Th6 Dam, Employability Skills, and delivering a social action project for their local Gommunity. A key SucsS was the retention of the young people, with all 48 young people completing the full 12 sessions on NCS, highlighting how they enjoyed their NCS experience. We have now successfully recruited the full staff team and are Set for a strong Year 2 programme delivery. Outputs The charity has worked wlth 5,277 dlfferent young people, wÉth 120,041 contaots across 6 different local authority areas this year. We worked with 481 more young people this year than last year. Most of our projects work with young people regularly throughout the year, to build relationshlps and feellngs of belonglng. On average, each young person att8nds 22 times per year. Equaltty data: 47Q/tsof the cohort idantify as mal8 51 OA identlfy as female 2 0/0 identify as non-binary. 9 0/0 of our cohort were from Black, Asian and Minoritized Ethnic Communities. 60/0 of our cohort Identlfied at LGBTQ. 159/0 of our young people idenlified as disabled. Age: 39 % of our young people were aged bee@n Qk11 46/0 were aged between 12-16 9% wer& aged 17-21. 6 % were over 21 years. Thls Show8 a shift to working with a younger cohort, which reflects our work in Knowsley and our Holidays and Food programmes in Sefton and Knowsley. We have prcivided training to 3,391 different organisationslprofessionals reflecting our reputation and innovatlon in relation to mental health. We have worked with 479 partner and referral agencies, demonstrating our breadth of partn8rship, again allgned wlth our buslness plan objectlves. Outcomes This year we have enabled 291 young people to enter training, education or work and a further 510 have galned a qualificatlon as a dlrect result of our worf(. MYA creates positive chang8 in the lives of young people. Our work delivers the followlng long-term outcomes: Enhanced employablllty Improved health and emotional wellbeing Increased Confiden and self esteem Enhanced personal and social skills Raised asplration and achlevlng learnlng goals Created Indepondence dlrecÉly through transferrable skills 19
Merseyslde Youth Association Llmlted (Limited by Guarantee) Trustees, Report for the year ended 31 $t March 2024 (cont.) Outcomes (contlnued) In relation to the results from MYA'S Outcomes star, these percentages show the number of young people who have demonstratad increases in the following outcomes for 2023-24: Motlvation - 940/0 Skllls - 94 % Resilience- 93% Aspiration - 93 /0 Belonging- 930/0 SROI For the last 5 years, Ark Consultancy have been undertaking their Social Return on Investment evaluation of the Talent Match Programme. Thls year's social value on outcomes was £26,018,684, an 8verage of £36,086 per partlclpant. The 5-year cumulatlve values of Talent Match is £94,224,501, an average value of £27,141 per programme partlclpant. Further analysis of the data hlghllghted that: 515 participants stated they were suffering from anxiety or depression. With 36Q/o reporting a reduction durlng thelr loumey. 252 of the partlclpants stated they felt they had lacked family support on joining the programme, 450/0 of participants improved thelr family relations during the programme. 70 of the participants had caring or parental responsibility. 77 stated they had problems wlth drugs or alcohol, 51 0/0 of those partlclpants left the programme stating they no Songer had dependency issues. 259 of the participants stated they had a disability. 370 participants stated on Jolnlng the programme they felt a lack of control of th8lr Ilfe, around 72°A of particlpants left the programme feeling more In control of their Ilfe. The health and wellbelng social value interventions and activitias achleved £53m (56 /0) of the total £94,224,501 social value, a slgnlficantly higher value than the other 3 themes, The top 3 categories represent: Those young people whose conlldenca had increased during the programme with a value of £21.2m (40 % ) Young people who experfenced a reduction in anxiety or depression wlth a value of £15.8m (29.8 /0) Young people whose overall health had improved wlth a value of £10.4m (19.70/.) Facilities MYA premises in Hanover Street havo b80n used by over15 different groups in this 12-month period, raising income of £51,933. 20
Merseyside Youth Association Limited (Limited by Guarantee) Trustees, Report for the year ended 316t March 2024 (cont.) Facilities (contlnued) MYA SPACE, our Youth Arts Centre has begun its refurbishment, funded via the YIF Programme. Work has begun on the new wlndows, Ilght6ng, claddlng and ventilation. The programme Is due to be completed In July 24, when the new kitchen and dining area and solar panels will be installed. Our Place In Knowsley has increased their usage and income generation by working in parlnershlp with community organi8ation8, Local Authorfty departmants and public sector partners. Thelr income from facllltles was £43,032, an Increase of £2,767 from last year. The Dam has made £4,400 in hire offacilities and has incom8from sales and programme of £40.970. Finance MYA'S annual income has increased by £619,906 in this financial year and res8rves have Increased by £210,548. Projects have be8n investing in direct work with young people, that increased Income being met with an increase in expenditure of £734,174. The chadtys investment in that direct work has gone beyond that, as projects have spent their reserves brought forward to Incr6ase their reach wlth 8UPPOrt to young people. The rfse In Invejstments, totalllng £286,484, has positively contrlbuted to that increase in reserves. Despit6 a dlfflcult cllmate we hava sought to malntaln a divorso range of income ganeraflon strands. Our"spread' of funding Is such that6801. has come from grants including European fundlng, Charitable Trusts, Foundations and public sector grants. Our Income from Local Authorities has decreased in percentage terms by 4P/o and now represents 23Yo of our total income. Our income from sales (training, project and programme income) and hlre of facllltles has remained consistent at from 8 % of overall income. Hire of facilities alone and tenancy rentals has in(xeased by £12,992 reflectlng the Increased use of our Hanover Street HQ and Our Place facility in KrN)wsley. Income from donations and legacies and from Investments (together) has increased by £2,179, as both categorles of income have increased. Quality Assurance MYA successfully achieved its re-certification of IS09001 (2015) award in May 23. We have also malntalned our IAG Matrix Standard and NHS Data Security and Protectlon Toolklt. 21
Merseyside Youth Associatlon Llmited (Llmlted by Guarantee) Trustees, Report for the year ended 31st March 2024 (cont.) Quality Assurance {contlnued) We have undertaken Data ImpaGt Assessments on all areas of work, and we continue to review our cloud security to ensure we ar8 as compliant and secure as possible. We have re-tendered our external IT supporl and are worklng wlth MRD, which supports our cloud-based systems. We have begun the implémentstion of HR software (Youmanage) that wtll enable MYA to improve the quality and eff8Ctiveness of the HR management processes. Marketing We have launched the new website and have seen a significant increase in traffic through the site, which has positively impacted our hire of facilities. We have rebranded all our external comms and are rolllng out the rebranding of our buildings. Plans for the Future We have embodded the IDEA {In¢luslvity, Dlversity, Equality and Accessibility) framework into our planning at Buslnass and Project level. We have identrfied 10 key areas for development and have set out SMART targets for the coming year. They are as follows: 1.Vision, Values and Strategy Promote updated mission and vlsion Internally and externally O Impact Report O Website O Promote Fair Employment Charter status Ensure Board of Trustees set strategy and provide strategic leadership and oversight of the work of MYA.. / Move to quarterly Board meetings / Implement sub- committe@ structure / Maintain strategic focus and scrutiny / streamlln8 reporbng O Diversify Board mambership 2. People arKI Culture Refresh and Implement new processes: rf Recruitment and selection O Induction O Salary grading matrix Improve consistency of performance management processes Develop a skills plpellne for employment within the organlsatlon 22
Merseyslde Youth Assoclatlon Llmlted (Limited by Guarantee) Trustees, Report for the year ended 31st March 2024 (cont.) Plans for the Future (continued) 3. Key Policies and procedure8 Retain External Quality Marks Improve ule of IT via: O HR data systgm O Share Polnt Implement updated: Employee Handbook O Contract of employment 0 Financial systems and procedure8 O Disaster Contingency Policy O GDPR mapplng document 4. Reach and Engagement Engage 4,000 dlfferent young people a year Facilitate 130,000 contacts a year Set and monitor equalities targets Implement new: O CRM system O SROI outcomas monltoring Utlllse data analysis to target reach Identlfy our cornmunlty and utilise Its assets 5. Curriculum Offer Provide Safe spaces for young people where their basic needs can be met. Provide projects which: rf Conn8Ct young people to each other O Reduce soclal isolation O Create healthy and positive peer relatlonships and learning O Focus on wellbeing, health, positive coplng slrategles, cr8ativlty, resillence bullding and fun! O Enable young people to èxplore thelr Identity rf Engender a sense of belonglng O Promote pro-social behaviours, anti-discriminatory practlce and diversity O Enhance young people's aspirations and progressions Develop Life skills O Enhance soclal and 8motional developmenl 23
Merseyslde Youth Assoclation Llmlted {Limited by Guarantae) Trustees, Report for the year ended 31st March 2024 (cont.) Plans for the Future {continued) 6. Youth Volce Create and develop dlv6rse youth voice platfomis withln projects Empower young people to shape the services they receive Ulilise Lundy Framework Champion youth voice, platform, action Demonstrate the impacfi 'You sald, we did. Implement learning from youth volce Into campaigns, curriculum and delivery 7. Communications Audlt of current comms1sl81 media and review gaps Set up a Comms group for support and coordinatlon Complete building branding Facilitate staff conference on communicatlons Showcase our successes: O Campaigns O Outcomes / Events 4 Website 8. Partnership and advocacy Sustain existing partneFshlps and neorkS Expand partnerships and networks to support transition Forge multi-disciplinary partnershlp to build life changing interventions Support and challenge partners ensuring best working practlces across the sector Advocate with partners to motivat8 for syst8mic change and a rlghts-based approach Review Leasehold bulldings and agreements Flnalise outstandlng leases: O JH playing ftelds < Knowsley Facllltate Property Sub-committee of the Board Use properties to strengthen local sector whilst balancing neods of MYA Full review of Hanover St usage: O Maximislng Income O Flexlbillty for ¢hange / Efflclent Intemal spaclal plans SPACE - relaunch refurbished centre and monltor Solar Impact 24
Merseyslde Youth Association Llmited (Limlted by Guarantee) Trustees, Report for the year ended 31st March 2024 (cont.) Plans for the Future (contlnued) 9. Finanaal Growth Horizon scan to remain ahead of the fundralslng curve Seek new funders to sustaln offer Respondlng to new funds and applylng for new opportunities Implement a IOYO admln fee on bids over £5k with no FCR costs Set and monitor earned income generation targets Optlmlslng MYA facilities u11$ing space in Hanov&r Street and MYA premises 10. Risk management Develop organisation risk ragister Improve successionlcontinuity planning within projects. Undertake DPIAS SLT to scrutinise new funding blds conslderlng capacity and rfsk Close analysis of Cashflow 2024125 Implement revlsed risk assessment forms Monitor reserves and financial projections into 2025126 Improve internal communlcation Implement quarterly review of project ISO non-conformanco and mitigations wlth SLT review 25
Merseyside Youth Association Limited (Llmited by Guarantee) Trustees, Report for the year ended 31st March 2024 (Cont.) Trustees, res onslblllties In relation to the financial statements Company and charfty law requlres the trustees to prepare financlal statements for each financial year which give a true and falr vi8w of the state of affairs of the group and Its surplus or deficit for that year. In preparing those flnancial statements, the trustees are required lo: Select sultable accounting policies and then apply them con8iStently', Observe the methods and principles in th8 Charities SORP. Make Judgements and estimates that are reasonable and prudent. state whether applicable Accountlng Standards and Statements of Recommended Practice have been followed, subjeot to the departures disclosed and explained in the finanaal statements. and Prepare the financial statements on the going concern basis unless it Is Inappropriate to presume that the company wlll contlnue in buslness. The trustees are responsible for keeplng proper accounting records whlch disGlose with reasonable accuracy at any time the financlal posltion of the company and group and to enable them to ensure thal the financial statements comply with FRS 102. They are also responslble for safeguarding the assets of the company and group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In accordan with company law, as the company's directors, we certify that: So far as we are aware, there is no relevant audit information (information needed by the charlty's auditors in connection with preparing their report} of which the auditors are unaware. and As the dlrectors of the company, we have taken all the steps that we ought to have taken In order to make ourselves aware of any relevant audit information and to establish that the charity's auditors are aware of that informatlon. ditor In accordan with section 487(2> of the Companles Act 2006, Collins & Co. are deemed to be reappointed as auditor to the company for the ensuing year. This report is prepared in accordance wlth the speclal provision of Part 15 of the Companies Act 2006 applicable to small companies. This report was approved by the Board of Trustees on 12 December 2024 and signed on its behalf by: Balnbrldgo Secretary 26
Merseyslde Youth Associatlon Llmlted (Limlted by Guarantee) Independent Auditor's Report to the Members and Trustees of Merseyslde Youth Assoclatlon Llmlted W& have audlled tha financial statements of Merseyslde Youth Association Limited for the year ended 316t March, 2024 which comprise the Consolldatsd Stat8ment of Financial Activities and Group Income and Expendlture Account, Ihe Group and Parent Charitable Company Balance Sheets and ihe related notes. The financlal relIng framework that ha8 been applied in their preparatlon Is appllcable law and Unlled Klngdom Accounting Standards (United Klngdom Generally AGo6Pted Accounllng Practlce>, Including FRS 102 'The Financial Reporting Standard applicable in the UK and RepubllG of Ireland". In our opinlon, the finanoial statements: Give a true and fair view of the stale of the group's and the parent charltable Company's affalrs as at 316t March 2024, and of the group's incoming resources and application of resources. includlng Its income and expendlture, for the year then endgd., Have been properFy prepared In accordance with Unit8d Klngdom Generally Ac¢8ptad Accounting Practic@; and Hav& b6en pr8pared in accordance wlth the r8quirements of the Companles Act 2006 and tha Charftle$ Act 2011. Basls for oplnlon We conducted our audit In accordance wlth Intematlonal Standards on Audlling (UK} (ISA'S (UK)) and applicable law. Our responslbllities under those standards are further described in thg Auditors, responsibilities for the audtt of the finanoial statements section of our report. We are Independent of the charty in accordance with the ethlcal requirements that are relevant to our audit of the financial statements in the UK, including FRC'S Ethical Standard and we have fulfllled our 0th8r ethical responsibilities in accordance with these requlrements. We believe that the audlt evldence we have obtained is sufficient and approprlato to provlde basis for our opinlon. Concluslons relatlng to golng ¢on¢ern In auditing the finandal statem8nts, we have ¢oncJuded that th@ trustees, use of the golng concem basls of accounting in the preparation of the financial Statements is approprlat6. Based on the work we have perfomied, we have not Identlfled any material uncertainties relating to events or condllions that, indivtdually or collectivety, may cAst significant doubt on the charity's abli ity to continue as a golng concem for a perlod of al least iwelve months from when the ftnanclal statements are authorised for issue. Our responsibilities and tha responsibilities of Ihe trustees with respect to going concem are described in th8 relevant sections of thls reporL Other Inforniatlon The trustees are rasponslble for the other Informatlon whlch comprlses the Trustees, Report. but does not in¢lude the financlal statements and our Rgport of the Auditors thereon. Our opinion on the financial statements does not cover the other informatlon and, excopt to the extent otheIse explicitly slated In our report. we do not express any form of assuran conduslon thereon. In connectlon with our audit of Ihe financial statements, our responsibility is to read the other infomiation and, in dolng so, considerwhether the other informatlon is materlalty cA)nsistent with the financlal statomenl8 or our knowledge obtained in the audit or otheNlse app6ar8 to be materially misstatad. Ef wa Identify such material inconsistencies or apparent materlal mlsstatements, we are required to d6tenTrine whether thero L8 a materlal mlsstatement in the Ilnanclal statements or a material misstat8ment of the other Informatlon. If, based on the work we have performed, we condud8 Ihat there is a material mlsstatement of thls other Information, we a required to r&port that fad. We have nothing to r8port in thls ragard. Opinion on other matters prascrlbad by the Companlgs Act 2006 In our opinSon, based on the work undertaken in the course of the audtt: the Informallon glven in lh8 Trustees, Annual Roport (whlch Include8 the director8, report prepared for the purpose of Company Law) for the financial year for which the financial statements are pr8pared Is consistent with the financial slatements. and tho Trust8es' Annual Report {which includes the dir8ctors' report prepared forthe purpose of Company Law) has been prepared in accordanc8 wlth appllcable legal raquirements. 27
Merseyside Youth Association Llmlted (Llmlted by Guarantee) Independent Auditor's Report to the Members and Trustees of Merseyside Youth Assoclation Limited (cont.) Matters on whl¢h we are required to roport by exceptlon We have nolhlng to report In resp8ct of the following m811er8 wher8 the Companles Act 2006 and the Charities Aci 2011 requires us to report to you If, In our oplnlon; adequate and proper ao¢ountlng records have not been kept, or rotums adequate for r audit have not been r8ceived from bran¢hes not visited by us. or the financial statements are not In agre&ment th the aUnting records and retums,. or certaln disctosures of tNstees rsmuneratlon speclfied by law are not made,. or we have not rec8ived all th6 Informaon and explanations we requir6 for our audit the Iruslees were not entitled to prepare the financlal statements in accordance wlth the small companies raglme and tak8 advantage of the small companies. exemption in preparing the TN8te8s' Annual Report (whlch indudes the dir8ctors' report prepar8d for the purpose of Company Law). Rasponslbllltles of trustaes As explalned more fully In the Truste8s' Responsibilities Statement (set oul on page 301, Ihe trustees (who ar8 also the directors of the charitable company for the purposes of company law) are responslble for the preparation of the financial 8tatements and for being sallsfied Ihat they glve a true and fair view, and for such int6rnal control as th6 twste&s detennine necessary to enable the preparation of flnancial slatoments that ara free from materlal mlsstatern8nt, whether due to fraud or error. In preparing the flnancial s*atem@nts, the directors are responsible for a8S8ssing the charltys abilityto contlnue as a golng coneem, disdosing, as appllcable. matters related lo going o)ncem arKI using the golng conrn basls of accounting unless the dlrectors elther intend lo nd up the charlty or to cease operations, or have no reallsllc alternative to do so. Auditors, rosponsibilltles for the audit of the financlal statements Our objecllvos we to obtain reasonable assuran about whether the financlal statemerrts as a whole are freg from materfal mlsstatement, whether due to fraud or error, and to issue a Report of the AudlÉors that Indudfjs our opinion. Reasonabl8 assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordanco with ISA'S (UK} will always detect a materlal m18slatement when il exists. Misstatements can arlse from fraud or error and are con8id8red material rf, individually, or in aggregate. they could r6asonably be expeded lo Snfluence the economic d8cisions of users taken on the basis of these financlal statements. Irregularitles, Indudlng fraud, are Instances of non-compllance with laws and regulations. We deslgn proceduras In Ilne wtth our responslbilities, outlined above. to detect materlal mlsstatgments In respect of iffegularlles, Includlng fr8ud. The extent to whlth our procedures are capable of delecling Irregularles, Indudlng fraud, Is detalled below. The extent to which th& audit was conslderad ¢apablo of detoctlng Irrogularitles, Including fraud Our approach to identifylng and assesslng the rSsk8 of materlal mlsstatoment In respect of irregularities, induding fraud and rson4ompllance with laws and regulations, was as follows: th& Senior Statutory Audltor ensured that the engagement team collaGtively had thg appropriate cornpeten¢e, capabllitles and skills to identlfy or recognise non-complian wlth applicab18 laws and regulatlons,. wo id&ntif16d the laws and reoulation8 applicable to the company through dlscusslons with diradors and other rnanagement we focused on speclfic laws and regulations which we consldered may have a direct material effect on the financial statemonts or the op8rallon$ of tha company, includlng the Companies Act 2006 and th8 Charities Act 2011. w8 assessed thg extent of compllance wlth the laws and regulations IdentkNed above through making gnquldes of management and inspecting legal coeSpOndenCe. and idontlfi8d laws and regulatlon8 were Communitsd wlthin the audlt team regularly and the toam ramalned alart to instances of non-compliance throughout the audit. 28
Merseyslde Youth Associatlon Llmlted (Limlted by Guarantee) Independent Auditor's Report to the Members and Trustees of Merseyside Youth Assoclation Limited (cont.) We assessed the slCePtibll1ty of thg company's financlal statements to matertal mlsstat8ment, Includlng obtainlng an und8rstandlng of how fraud mlght occur. by: making enqulrles of management as to where they consldar@d there was susceptSbllity to fraud, thelr knowledge of actual, suspected and a118ged fraud. and consldering the inl8mal contro18 In place to miligat¢ risks of fraud and non.¢Xsmpliance wlih laws and regulatlons, To address the rfsk of fraud through management bias and override of controls, we.. perforrned ana1Cal procedures to Identlfy any unusual or unaxpeoted relalonshlps; tested joumal enlries to Iderntlfy unusual Iransaction6' assessed whether judgements and assumptlons made In detenmlnlng the ac¢ountlng estlmates were indicative of potentlal blas; and Investjgated the rationale b8hind slgnlficant or unusual transactlons. In rosponse to the risk of irregularities and nonrycompliance with laws and regulations, we deslgned procedures whloh Included, but were not Ilmlted to: agreelng fin8ncial slatement disclosur8S to underlying supportlng documentation; readlng the minutes of meetings of those charged with govemance. and enquiring of management as to actual and potential fitigation and clalms. Th&r8 are Inherant1Smitations In our audit procedures described abov6. The mor8 removed those laws and regulatlons are from financial transactions, the less likely it Is that we would become aware of non-oompllance. Audltlng standards also limit the audlt procedures required to identlfy nonwcompllance with laws and regulatlons. to enquiry of the dlre¢tors and other management and the Ihspecllon of regulatory and log81 correspondenoe, if any. Materlal m18Statsments that arlse due lo fraud can be harder lo detect than those that arf8e from orror as they may involve deliberate concealment or collusion. A further dgscrlptlon of our responsibllltles for th6 audlt of the financlal 8tatements Is located orl the Flnanclal Reportlng Councll's websit8 at www.frc.or onsibilities. This description forms part of th8 Rewrt of the Auditors. Uso of our report This report is made solely to the charivs members and trustees, as a body, in accordance wllh Chapter 3 of Part16 of the Companies Act 2006. Our audltwotk has been undertaken so that we might slate to th& Ghaty'S members and trLlStees, those matters we are r4uir8d to state to them in a Report of Ihe Auditors and for no other purpose, To tha fullest extent permitted by law. we do not accept or assum8 r88ponsibility to anyone other ihan the charity, Éhg Charily's mombers and tNstee8, as a body. for our audit work. for Ihls r6port, or the oplnions we have formed. Paul Collins FCA Senlor Statutory Auditor for arsd on behalf of Collln8 & Co. Statutory Audltors and Chartered Accountants Sulte 13, Hattersley House 1 Hattersley Court Off Bur8cough Road Omskirk L39 2AY ed dL¢ FOA Dat8: 29
Merseyslde Youth Association Limlted (Limited by Guarantee) Consolldated Statement of Flnancial Activities including Income and Expendlture Account for the year ended 318t March 2024 Unr¢$trlctsd Re8lrl¢ted TOTAL FUNDS Funds Funds 2024 2023 Notè Incomé from". Donatlon8 and legaclos othertrodlng adlvllles Inveslmgnls Gharilable acffviHes Tolal 1,179 153,052 7,782 9,465 49,882 10,644 202,934 7,782 4 749 426 970 786 9,164 187,262 7,083 4 147 371 4 350 880 4,74 242 4,801589 169 197 Expendlture on: Ral&ng fvnds Charttabl& aGtivltios other expenditure 544 277,808 4,5*M 5,042.178 4,545 4,308,003 4,704372 Total 5 046 722 4 312 548 Net (expèndlture}Ilncomo befor (lossasygalns on Invastmènts {113,153) 37,217 175,936) 38,332 Net galnslOo$se8) on investments Net galns on invastm8nt property 13 18,673 267,811 18,673 267,811 (11,2841 (42.589) Nel In¢on)g1(exptndlturo) befDrn tsznsfars In,331 37,217 210,548 (15,5411 Transfers botweèn funds 18 150,159 (150,159) NET MOVEMENT IN FUNDS 323,490 {112,942> 210,548 {15.541) RECONCILIATION OF FUNDS Total fvnds brought forward Total fvnds ¢aThiod formard 917 3 200,407 159555 46,613 3 036.472 3 247,020 3,052.013 There have been no recognised gains or losses other than the net movement of funds for the above two years. The notes on pages 34 to 50 form part of thesa flnancial statements. See Note 27 for the comparative Statement of Flnancial Actlvities analysed by funds. 30
Merseyslde Youth Assoclatlon Llmlted (Limited by Guarantee) Company Balance Sheet at 31$1 March, 2024 2024 2023 Note FIXED ASSETS Tangible flxed assets Investment assets: Investments Investment assats: Investment property 12 13 13 1,961,520 305,946 833,188 1,852,931 283,764 565,377 3,100,654 2,702,072 CURRENT ASSETS Debtors Cash at bank and In hand 14 619,244 128,948 1,013,408 10,913 748,192 (576,161) 1,024,321 {623,925) CREDrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR 15 NET CURREirf ASSETS 172,031 400,396 TOTAL ASSETS LESS CURRENT LIABILITIES 3,272,685 125,650) 3,102,468 {66,001) CREDrroRS: AMOUNTS FALUNG DUE AER ONE YEAR 16 NET ASSETS 3 247 035 3 036 467 THE FUNDS OF THE CHARITY Unrestrlcted Restrfctad 18 3,200,422 46,613 2,876,912 159,555 3,247 035 3 036,467 The notes on pages 33 to 49 form part of these financial statements. Approved by t Board of Trustees on 12 December 2024 and signed on its behalf by: A. Gibbons . Lewys-Lloyd Company Reglstratlon Number: 1843226 Th@ notes on pages 34 to 50 form part of these financial statements. 31
Merseyside Youth Association Llmlted (Limited by Guaranteel Group Balance Sheet at 31st March, 2024 2024 2023 Nole FIXED ASSETS Tangible fixed assets Investment assets: IrtV8Stments Investment assets: Investment property 12 13 13 1,961,520 305,941 833,188 1,852,931 283,759 585,377 3,100,649 2,702,067 CURRENT ASSETS Debtors Cash at bank and in hand 14 619,244 128,948 1,013,408 10,923 748,192 (576,171) 1,024,331 (623,925) CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 15 NET CURRENT ASSETS 172021 TOTAL ASSETS LESS CURRENT LIABILITIES 3,272,670 (25,650) 3,102,473 (66,001) CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR 16 NET ASSETS 3 247 020 3,036,472 THE FUNDS OF THE GROUP Unrestrlcied- Relained wltriln the company Retslned within a non-tharltable subsldlary 18 3,200,422 {15) 2,876,912 3,200,407 46,613 2,876,917 159,555 Restricted 3 247 020 3,036 472 The financial statements are prepared in accordance with th@ special provisions applicable to companies subject to the small companies regime. Approved b he Board of Trust68s on 12 D8cember 2024 and signed on its behalf by: A. Gibbons .- C. Lewys-Lloyd Company Registration Number: 1843226 Th6 notes on pages 34 to 50 form part of these flnancial statements. 32
Merseyside Youth Associatlon Llmlted (Llmited by Guarantee) Consolidated Statement of Cashflows as at 31 March 2024 Noto 2024 2023 Cash flows from operating actlvities 23 454,575 (254,287) Cash flow8 from Invostlng actlvft108 Interest and dlvldends received Proceads from sale of Inveslrnents Purchase of Investments Purchase of property, plant and equlpment Nat cash flows from Investlng actlvllieB 7,782 31,072 {29,575) 183,677 (174,398) 7,083 13,331 (24,149) {25,065) Cash floT4VS from Ilnanclng actlvltl88 Repayments of bank loan Interest paid Net cash used in financlng activities (37,374) (36,2801 (57,369) {44,301} Net Increasel(de¢rea$e) In cash and cash equlvalents 222,808 (323.653) Cash and cash equivalents at the beginning of the year {84,4581 239,195 Cash and cash equivalents at the end of the year 138 350 84,458 Reeonclllatlon to cash at bank and In hand Cash at bank and In hand Bank overdraft Cash aquivalants 128,948 {10} 10,923 {99,796) 4,415 84,458 138,350 33
Merseyslde Youth Assoclation Llmited {Llmlted by Guarantee) Notes to the Flnancial Statements for the year ended 31$t March 2024 Statutory Infomiatlon Merseyslde Youth Associalion Llmlted Is a privat8 company, limlted by guarantae, registered In England. The company's reglslered number and r8glstered offlce address can be found on the Charity Information page. The Charlty Is also a public benefit entity. Accountlng pollcles The financial statements have been prepared under the historlcal cost conventlon excgpt for the valuation of investment assets, which are shown at market valu8. The financial statements have been prepared in accordaT)ce with Accounting and Reporting by Charities: Statement of Recommended Practice appllcable to charltles preparfng their accounts in accordance wlth Iha Flnancial Reporting Standard applicable In the UK and Republlc of Ireland (FRS 102) and the Companies Act 2006. Th@ results for th8 subsidlary company have been consolidated with the parent Gharity and shown separately in the noÉos to the accounts. The balance sheet is consolidated on a linfrby-line basis. Golng concern The trustees have a reasonable expectation that the charity has adequate resources to continue in operational exlstence for the foreseeable future. Thu8 It continues lo adopt the going concern basis in preparfng the financlal statements. Th8ré are no materlal uncertalntles about the charlty's ablllty to continue. Funds General funds represent the funds of the oharfty that are not subject to any restrictlons regardlng thelr use and are available for the general purposes of the charlty. Funds designated for a particular purpose by the trustees are also unrestricted. Restrlcted funds are also subject to spedfic conditlons imposed by the donors or through the terms of an appeal. Transfers of income are made to recogni88 the release of r88tricted funds or to meet expenditure not covered by restricted income. The finandal statements Include all transactions, assets and liabilities for which the charity is held responsible in law. The financial statements include internal recharges of costs to projecls, whlch are account8d for on a "line by Ilne basis. In order to show the actual Yrue Gosts. of runnlng th8 projects. Turnover Turnover comprlses the amounts receivable In respect of grants, donatlons, subscriptions and tho sale of services. Income Donations and legacies Voluntsry income received by way of grants, donatlons and gSfts is Included in the Statement of Financlal Activitles In the year in which It Is recelvable by or on behalf of the charity, Grants, where entitlement Is not condltlonal on the dellvery of a speclfic performance by the charlty, are recognised when the charity becomes unconditlonally entitled to the grant. The chaiity received substantial amounts of voluntary help from its supporters, but no attempt Is made to place a financlal value on these serViS and they have not been included. Other Income Rental income from the letting of the charlty's premises Is recognised when the rental 18 due. 34
Merseyslde Youth Assoclation Limited (Llmlted by Guarantee) Notes to the Financial Statements for the year ended 318t March 2024 (cont.) Investments Dlvldends and Interest are accounted for when due and payable. Intarest entitlements are accounted for as they accrue. Tax recoverable on such Income Is recognised In the same aGcounting perlod, Gains and lossas on investments Realised gains or losses are recognls6d when investments are sold. Unrealised gains or losses are accounted for on revaluation of Investments at 31, March. Expendlture Grants and donatlons Grants and donations are aOUnted for when pald over, or when awarded, If that award creates a binding obligatlon to the charity, Raising funds All expenses relatlng to fundralslng, publlclty, publlc relatlons and investment management charges are charged to this headlng. Chantable activities Charitable activities comprise those costs Incurred by the charity in the delivery of its activities and services for Its beneficiaries. It includes both the costs Éhat can be allocated dlrectly to such actlvities and those costs of an Indirect nature necessary to support them. Irrecoverable VA T All resources expended are classified under activity headings that aggregate all costs related to the Gat8gory. Irrecoverable VAT Is charged agalnst the category of resources expended for which it was incurred. Leasing Assets obtained under hire purchase contracts and finan leases are capitalised as tangible assets and depredated over the shorter of the lease term and thelr useful Ilves. Obligations under such agreements are Included in credltors net of the finance charge allocated to future perlods. The flnance element of the rental payment is charged to the income and expenditure account so as to produce constant period rates of change on the net obligations outstandlng In each period. Rental payments under operatlng leases are charged against Income on a straight-line basis over the lease term. Tanglble flxed assets and deprecation Fixed assets are Included at cost, except where the cost figure is not avallable. In such instances, valuatlons have bean used. Depreciation is providad at rates calculated to write off the cost less resldual value of each asset over its expected useful life, as follows: Freehold leasehold land and bulldlngs Long leasehold land and bulldlngs Short leasehold and bulldings Flxtures & flttlngs ICT equlpment, In¢ludlng computers Motor vehicles 20/0 on cost (or valuatlon) Amortlsed over a maximum of 50 years Arnortised over the period of the lease 101 on cost 33.33'/0 on cost 250/0 on written down valu8 35
Merseyslde Youth Assoclation Llmited (Llmlted by Guarantee) Notes to the Flnancial Statements for the year ended 31st March 2024 (cont.) Tanglble flxed assets and deprecatlon (contlnued) All equipment, fixtures and fittings wtth an original cost of less than £5,000 are written off In the year in which the expenditure was incurred on the basis that due to the nature of the companvs activities, there is no expectation that the cost of the assets will be recovered In the way of future revenues. Investment Assets Investments ar6 valued at doslng prlces, as advised by the Investment manager. The Investment property has been valued based on dlscounted cashflows from rental Incom6 over the duratlon of the current lease. The discount factor used Is CPIH at the year end date. Current Assets Amounts owing to the charity at 31. March in respect of fees, rents or other income are shown as debtors less provlsion for amounts that may prove uncollectable. Short term deposits include cash held on deposit at the bank. Employee beneflts Defined contribution plans and other long term employee benefits A defined contribution plan is a post-amployment beneflt plan under which the charity pays fixed contributions into a separate enttty and wlll have no legal or constructive obligatlon to pay fvrther amounts. Obligations for contrlbutlons to defined contribution pension plans ar6 recognised as an expense in the statement of financial actlvtties In the perlod during which servlces are rendered by employees. Flnancial Instruments The charity has only financlal assets and flnancial liabilit18s of a kind that qualify as basic flnancial instruments. Basic finanGlal instruments, including cash, debtors and creditors, ara initially recognised at transactlon value and subsequently measured at thelr settlement value. Contlngent Llablllties and Provlsions In accordan¢o with the SORP, a contlngent Ilability is dlsclosed for those grants, which do not represent liabilities, where the possible obllgation, which arisas from past events, wlll only be confirmed by the occurrence of one or more uncertain future events not wholly within the trustees, control. Provlsions are recognised for those grants where there is uncertainty as to the timing or amount, and any uncertainly regarding the amount is more than one of determining a basis for reasonable estimation of the liability arising from that constructive obligation. Charltable status and taxation As a registered charity, the company benefits from rates relief and is generally exempt from income tax and corporation tax. The charity Is not reglstsred for value added tax. Basis of consolldation The consolidated accounts have been preparod to include the r8suIts of the subsldiary on a line by Ilne basls except that the incoming resources and resources expended have been consolidated as a single line entry, as the results of the subsidiary are not materlal to the group a8 a whol8. 36
Merseyside Youth Assoclatlon Llmlted (Llmlted by Guarantee) Notes to the Financial Statements for the year anded 318t March 2024 (cont.) Unrestrlcted Funds Restricted Funds TOTAL FUNDS 2024 2023 Donations and legacies Donatlons 1,179 10,644 other trading actlvitles Hlre of facilities Insurance recharges 130,632 49,882 180,514 22A20 202 934 167,522 153052 49,882 187 262 Income from Investments Interest on cash dewsits Divldand Incomg 126 126 41 7,042 7,083 6 Incon7e from charitable actlvltles Grants: Alder Hey- NHS Trust Arts Council England Blg Lottery Fund Brlghter Sounds Department for Work and Pensions Duke of Edinburgh Award European Social Fund Groundwork UK: Tesco Bags of Help Knowsley MBC Llverpool CC- Childr8n's SeNices Liverpool CCG Liverpool Leaming Partnershlp Marseyslde Pollce National Lottery Herftsge NCS TrLtst NHS Cheshire and Mersaysida ICB One Knowsley PRS Foundation Rlght to Succeed Sefton CVS Softon MBC Sports England Street Games UK Shared Prosp6rfty Fund UK Y¢)uth Young Persons Advlsory S8rvlce Youth Federation Limited Youth Futures Foundallon Youth Investment Fund Youth Muslc Programme in(x)rne Project sales Incom6 EMDR tralnlng Income Othar Income 27.072 27,072 12,204 797 14235 25 92,302 14,235 25 92,302 8.140 104,401 7.478 1,143,163 1,000 984,960 50,579 80,616 24,045 371,878 27,325 1,162,665 1,162,665 1,009,853 97,723 1,009,853 97,723 6,000 259,801 6,000 259,801 3,260 27,161 313,150 58,148 3,260 27,161 313,160 58,148 148,400 45,724 4,992 3,OOQ 11,990 53,355 3,000 11,990 53,355 9,300 93,943 {2,020) 20.QOO 202.125 46,400 202,125 46,400 52,617 34,803 884,022 213,082 20,111 45,414 120,272 29,079 34,803 884,022 213,082 20,111 45,414 120,272 29,079 763,221 46,409 9,167 131,154 9,178 4 742,242 4 749 426 4 147,371 37
Merseyside Youth Associatlon Llmltod (Llmlted by Guarantee) Notes to the Financial Staternents for the year ended 31st March 2024 (conl.) Unre8trlcted Funds Restrlcled Funds TOTAL FUNDS 2024 2023 Expendlture on raising funds Fundralslng c£ts Investment management costs Tradlng subsidiary expenditure 216 4,273 55 216 4,273 55 218 4,199 130 8 Expenditure on charitable activltles Wages and salarles 193,126 Staff penslon co8t$ 8,578 Agancy costs 9,720 Redundancy costs 41,845 Staff tralnlnglhealth & safety 17,570) Staff fikness and wellbeing 361 Charlty bulldlng costs Rent & Ratss SeNlce chargas Insurance Llght and hoat Cleanlng and laundry Repalrs and maintenance Accountancy Advertising Audltors, remuneratlon Bad debts Bank charges Compuler costs Consultancy fees EMDR training costs ESF indlrgct overhead ESF procur6d servl¢8s Equlpment and resources Extemal supeNisionlsupport Fees and subscdptlons Foodbank costs Hire of equipment Interest pald IT support charges Legal and prof8sslonal c08ts Management support fee Marketlng and communlcatlon NOW Festival Prlnting, postage & statlonery Programme expenses Project start uplrecruitment Support servlc*slother charges Talent Match costs.. Programme expenses 2,466,891 54,381 53,836 2,660,017 62,959 63,556 41.845 22,102 361 2,241,199 50,653 97,715 29,672 30,044 1,583 (28,363) 99.002 38.050 65,485 76.705 20,756 10,911 27,275 72,639 38,050 104,654 109,708 55,637 64,534 78,329 61,814 34,813 88,279 100,204 50,951 89,290 58,741 2,939 17,000 2,226 8,350 55,258 12,960 65,758 39,169 33,003 34,881 53,623 51.054 18,000 764 10,079 34191 6,895 18,000 1,364 10,084 66,881 14,573 58,795 600 32,690 7,678 58,795 152,018 125,073 35,620 4,383 7,7TO 1,636 5,413 (152,018) 125,073 44,248 7,299 9,512 1,636 14,739 19,995 121,274 67,422 5,816 7,127 2,580 13,426 8,021 8.628 2,916 1,742 9.326 19,995 133,249) 25,643 (q2A60) 5,038 33,249 10,230 12,460 43,218 12,917 13,458 207,381 4452 189,042 35,873 36,977 48,266 12,917 17,422 200,201 20,328 12,203 21,895 178,226 3,964 (7,1801 (4,452) {189,042) 770,070 4671,122 TIO,070 4.851,329 552.379 4,117,451 180,207 38
Merseyslde Youth Assoclatlon Llmlted (Limlted by Guarantee) Notes to the Flnanclal Statements for the year ended 31st March 2024 {cont.) Unrestrided Funds Restrlcted Funds TOTAL FUNDS 2024 2023 Chan"table actlvldes (cont.) 180,207 25,028 282 4,671,122 58,855 18,247 1,174 4,851,329 83,883 18,529 1,174 4,117,451 75,065 10,446 Telephone Travel and motor expenses Vehlcle expenses Volunteers Youth Hub admlnistrallon fee Depreciation Sundrles 150 (9,690) 75,088 9,690 75,088 73,170 277 806 4,764 372 5 042 178 4 308 003 9 Net (expendlture)/lncome 2024 2023 Net (expendtture>l(ncome is stated after charging: Depraclatlon of tangible ffixed assèts staff (x)sts18ee note 10) Accountancy Auditors, Remuneratlon 75,088 2,722,977 78,329 18,000 73.170 2,291,851 58,741 17,000 The audltovs remuneration of £18,00012023: £17,000) relates Solely to the audit. 10 Staff Costs 2024 2023 Wages and Salarfes Social Securlty Costs Penslon Costs 2,434405 225,612 62,960 2 722 977 2,046,280 194.919 50.653 2,291,852 The average number of full-llme gqulvalent employees (Including Ggsual and part-tim8 slaffl employed by the company durtng the year was as follows: 2024 2023 Admlnlstratlon Flnan Projects, acllvltles and s8sslons 68 79 54 65 Remunerauon exceedlng £60,000, Induding penslon contrlbutlon8, was paid to staff as below: Number Number From £60,001- £70,000 Th6 trustees received no remuneration {2023: £NII) durfng the year. A total of £517 (2023: £494} was pald by the company for Trustee Indemnity Insurance durlng the year, Ther8 were no other dlsclosable transactlons In respect of trustees or persons dosely connected with them. 39
Merseyside Youth Associatlon Limited (Llmited by Guarantee) Notes to the Flnanclal Statements for the year ended 31st March 2024 (cont.) 11 Pensions The company operates a defirjed contribution scheme in respect of employ8es, operated through the National Employment Savings Trust ("NEsf), the Scheme establlshed by the government to ensure that employers have access to a high-quality workplace pension scheme. The pension SGheme charge represents Gontributions paid by, and due from, the company amounting to £62,960 (2023: £50,653). 12 Tanglble Flxed Assets Freehold land & bulldings Flxtures Bulldlngs Leasehold flttlngs & work Tn property aqulpment vehlcles progress Motor Total ent Com and Grou COST OR VALUATION At 1st Aprll 2023 Addttlons 12,000 2,856,420 99,383 10,795 2,978,598 183,677 183,677 At 31 st March, 2024 2 856,420 99,383 10,795 183,677 3 162,275 DEPRECIATION At 18t Aprll 2023 Charge for tha year 8,640 240 1,067,695 64,592 48,208 7,838 1,124 2.418 1,125,667 75,088 At 31 st March, 2024 1132,287 3,$42 1,200 755 NET BOOKVALUE Al 31st March, 2024 1724 133 43.337 7,253 183,677 1961.520 At 31 st March, 2023 3,360 1,788,725 51,175 9,671 1852.931 The freehold and leasehold buildings consist of various youth club premlses throughout Merseyside (which are held on behalf ofthose clubs) and the company's head office building in Liverpool. The fixtures and fittings consist of th8 telephon8 System. various chairsltables and computer equipment. Certain of tho buildings ara bound by restrictive covenants which provide that they may only be used as youth clubs. The company's freehold land and buildings were revalued on an open market basis In 1987 by Messrs Edmund Klrby (Chartered Surveyors). The company's long tenn leasehold land and buildings were similarly revalued by the directors in 1987. A long term leasehold propety which was purchased in 1987 a 100 % grant, was revalued in 1997 by the directors. 40
Merseyslde Youth Assoclatlon Llmlted (Limited by Guaranteè) Notes to the Financlal Statements for the year ended 31st March 2024 (cont.) 13 Investment assets 2024 2023 Investment in subsidiary undertaklngs Listed investments Cash held by investment rnanagers Accrued income due 296,520 9,412 279,344 4.415 305,946 283,764 565 377 849 141 Investment property 1139 134 The investment property has been valued based on discounted cashflows from r8ntal income over the duration of the current lease. The discount factor used is CPIH at the year end date. Investment in subsidiary undertakings." 2024 2023 M l April 2023 and 31 March 2024 The Investments held at the year end, and the percentage shareholdlng, are as follows.. 2024 2023 Name an MYA Youth Limlled 4745797 nco rated In England & Wales It Is the Intention Ihat the trading company donates Its profits to the charity on a regular basss The profit and loss account of the trading company for the year end8d 31 st March, 2024 was as follows: 1 OOYO 2024 2023 Tumover Gross profit Admlnistrative expanses Loss on ordinary actlvltles after taxation Retained reserves brought forward Retained res8Nes carri8d forward 3S 35 55 (20 107 107 130 (23) 28 15 Llsted Investments and cash.. Change In market value Openlng value Closing value Purchase$ Dlsposals Llsted Investments Cash Accrued Income 279,344 4,415 29,575 (31,0721 18,673 296,520 9,412 283 759 305,941 41
Merseyside Youth Assoclatlon Limlted (Limited by Guarantee) Notes to the Financial Statements for the year ended 31st March 2024 (conL) 14 Debtors 2024 2023 Parent Co Tradè debiors Prepayments and accrued income other debtors nd Grou 332,452 281,639 257,932 751,000 1.013,408 15 Creditors.. Amounts falllng due wlthln one year 2024 2023 ent Co Bank overdraft Trade creditor5 Bank loan Accrual8 and deferred Income T8xation and social securlty Other cr8dltor8 99,796 1(KJ,964 37,041 316,560 52,840 16,724 623 925 142,636 40,018 326,777 51,660 576 161 Bank overdrnft Trade credltors Bank loan Accruals and deferred incorne Taxation and social security Other credttors 10 142,636 4Q.018 326,T17 51,660 15,070 576,171 99,796 100,964 37,041 316,560 52,840 16.724 623,925 The bank borrowings from HSBC plc are secured by a first leual charge dated 7th January 2002, ovar the company's long leasehold property (Abney Bullding), and a debenture (includlng a fflxed charge) dated 29th Soptember 2000 over the companvs present freehold andloasehold properties, a first legal charge over tha book and other debtors, chattels, gcodwlll and uncalled capital both present & future, and a first floatlng charge over all the assets of the undertaklng both present and future. The bank loan Is payable over 10 years at an interest rate of 2.29¥0 over the Bank of England Base Rate. Deferred Income represents monles received restricted funds, for which the appropriate expanditure wlll be incurrad at a date after the year end. 42
Merseyside Youth Assoclation Limited (Llmlted by Guarantèe) Notes to the Flnanclal Statements for the year ended 31 March 2024 (cont.) 16 Creditors.. amounts falllng due after one year 2024 2023 arent co Bank loan 66.001 Of the amount payable on the bank loan after more than 1 year, £NII (2023: £NII) Is due aftar more than 5 years. 17 Analysls of NetAssets by Fund Unrestrlcted Funds Reslrlcted Funds Total Fixed Assets Current Assets Current Llabllllles Creditors: amounts due after more than 1 year Fund Balance 3,100,649 647,586 (522,178> 3,100,649 748,192 (576,171} 100,606 (53,993) 3 200,407 18 Movement on funds At1st Aprll, 2023 At 31st March 2024 Income (Inc galns) Expendtture Transfers Gene l unr6strict6d fijnds Generdl Fund 670,888 986,121 (734,422) 59,223 981,810 Desi nated unrestricted ca ital reserves Headquarters MYA Know MYA Th6 Dam MYA SPACE Project Gordon Yotsth Centre MYA YIF (Capitsl) Startlng Polnt 662,445 24,038 126,885> 11,601) 12,417) 11,288) {645> 635,560 12,767 7,253 36,965 14,676 183,677 1,070,620 1,961,518 (9,670> 9,670 38,253 15,321 183,677 1112872 1852,929 183,677 Desi naled unrestrlcted funds MYA Foodbank MYA Choices Knowsley MYA Know MYA MVP MYA Navigators MYA Raise MYA SPACE Project MYA YOU Gordon Youth Centre Trading subsidiary- MYA Youth Llmlied 6,504 (1,562) 4,942 89,334 21,796 13,106 217,701 {F/,141) {15,009) {13,106) (5,029) 32,193 6,787 212,672 4,654 (4.154) 3,225 500 43,467 (46,692) 55 46,747 35 15 257 079 353,11JJ 43.467 Total unrestrided funds 2 876917 1029 588 150159 3.200.407 43
Merseyslde Youth Assoclatlon Llmlted {Llmlted by Guarantee) Notes to the Financial Statements for the year ended 3181 March 2024 (cont.) 18 Movement on funds (cont.) At 1st Aprll, 2023 At 318t March 2024 Income (Inc galnsl Expondlture Transfers MYA Choices Kr(ow81ey MYA MVP MYA Foodbank MYA Know MYA NCS Targeted MYA Noise MYA The Dam MYA YOU MYA Youth Hub MYA YIF (Revenue Fund) MYA YIF (Capital Fund) MYA Navigators MYA Ralsg MYA Slobhan PrirA Memorlal Fund MYA SPACE Project MYA Step Up Fund MYA Talent Match MYA Talent Match Plus MYA Talent Match Youth Futures MYA UK Shared Prosperity Fund 240,235 106,000 74 898,628 27,161 53,675 99,653 75,223 92,302 29,405 183.677 131.391 466.773 6,816 IS6,486 {264.367> {130,851 > {1,636) 1924,760> (18,183) (72,975) (130,662) 160,732) 194.756) 130,717) 24,132 15,009 1,562 26.132 9,642 8,978 19,300 31,009 (14,491) 13,414 10,960 1,312 (183,677) 15,192 194,9711 (146,583) {371,802) 6,816 (157,050) 18) (14,273) (1,193,106) {972,582} {204,280) 564 14,205 23,895 98,391 68 6,545 1,162,666 894,050 202,125 19,859 2,155 Total restricted funds 4.826 340 4789123 150 159 Total funds 3 036 472 5 855 928 5,645 380 3 247.020 44
Merseyslde Youth Associatlon Llmlted (Llmlted by Guarantee) Notes to the Flnanclal Statements for the year ended 31st March 2024 (cont.) Name offund DesGrfptlon, nature and purposes of the fund Unrestrlcted funds General fund Any monies not Includod In any other fund. Desi nated unrestricted ca itsl reserves The following funds were designated to be equal to the amount of th8 net book value of the fixed assets held in these projects at the year end: Headquarters Gordon Youth Centre MYA Know MYA The Dam MYA SPACE Project MYA YIF (Capital) Starting Point This fund was designated to be equal to Ihe amount of tha net book value of the fixed assets held in this project at the year end, excluding the value of the assets held within the restricted fund. Desl nated unrestricted funds The following funds were designated by the trustees following the success of the projects to allocate addltional resources to enable further related work to be performed in future periods: MYA Foodbank MYA Choices Knowsley MYA Know MYA MVP MYA Navigators MYA Raise MYA SPACE Project MYA YOU Gordon Youth Centre This is a leasehold property located in the Netherton area of the city. The centre is utilised as a project base for our Talent Match team and supports Its dallvery of personalls8d pathways to education and employment for young people. There are also tenants located at the Centre including a pharmacy who have a li¢en¢e to operate in the designated area to serve the local community. Income from tenancles 18 used to finance the operating and maintenance costs of the building. Trading subsldiary- MYA Youth Limited This represents the accumulated profitsl(losses) of the subsidiary company still retained within the subsidiary company. 45
Merseyslde Youth Association Limlted (Llmlted by Guarantee) Notes to the Flnancial Statements for the year ended 31$t March 2024 (cont.) Restrlcted fun MYA Choices Knowsley Cholc6s Knowsloy Is a Knowsley M8tropolltsn Borough Councll funded'short Breaks, service for dlsabled chlldrenlyoung people and thelr famllles. The maln purpose of a short break is to give parents or carers of a chlld or young person with a disability the opportunity to have a bak from their caring role. Provision is available for dlsabled chlldren and young people aged 4-19 and currently resldlng In Knowsley. MYA MVP The Mentors In Vlolence Preventlon Prolect (MVP) Is a mentorlng projoct for secondary schools across Mersayside. The Mental Health Youth wort(er8 wlll deliver training to School based staff and young people to be mentors in the program whlch delivers a range of 22 youth based Issues underplnned by mental health and resill&nce. The youth themes they wlll cover are in the range of substance US8, coercive contrd, homophobia and racism and the mentors will deliver to mentees who are younger stud&nts. This supports youth16ad6rship and has got some great outcomes as it personally develops all concerned. MYA Know Funded through Knowsley MBC. th18 project supports young people In the Borough to ensure they reach their potentlal. overcome barrlers thay face and achieve the outcomes and goals they set themselves. The proloct works in variety of ways; including 1-1, small group wot*, coaching, Detached Youth Work etc.. The project team also contrlbute to Boroughwlde activities and event8 for young people. The majorlty of serrfices are delivered from MYA'S 'Qur Place, venue located in Longview, Huyton and The Dam at Lord Derby's Estate In Knowsley. MYANCSTargeted Funded by NCS {Nats'onal Citizens SeNice), thisproj8Ct provides an opportunity for young people to gain Ilfe skills, employability skills and develop thelr own 80cial action project. MYA Noise The project aims to aid the personal and soual development of young people through muslc, to provide a safe and frfendly environment for young people to explore their musical talents and to build music81, personal and transferrable work-basèd skills. MYA YOU The YOU Project funded through Liverpool City Councll, is a citywide, strategi¢ approach to providing servlces for disabled children and young people as well as their familles. MYA Youth Hub Funded through tho DWP thls seryice offers a wlde range of in-person support to help young people into education, training, and employment across the Liverpool City Region. As well as a comprehensive on-llne service offering events, careers informafjon, advice and guidance, young people can access the Youth Hub which Is located within our Hanover Street premlses. MYA Raise This project delivers mental health awareness training to all professionals working with children and young p60pIe. 46
Merseyslde Youth Associalion Llmited (Limited by Guarantee) Notes to the Flnanclal Statements for the yaar ended 31st March 2024 (cont.) Restrlcted funds contlnued MYA Youth The Youth Investment Fund Is funded by the UK govemment to create, Investment Fund expand and improve local youth facllities and their services in the out of (Revenue & Capital) school youth sector, to drive positive outcomes for young people. It is used to Improve the health and wellbeing of young people, equip them with skills for work and life and empower them to become active members of their comrnunlty and soclety, MYA Navigators The Navigators projeot is youth workers within a hospital settlng working alongside young poople who are Involved In vk)lent activlty as either victim, survlvor or perpetrator whlch In the maln means hospital treatment. The staff will work alongside the young person to support tham at this time and help them consider the outcomes they want out of life and help them navigate their way to finding thos8 outcomes. SPACE Project Youth Arts venue, WFth 200 seater theatr8 space, rehearsal space, recordlng studlo and editlng equlpment. Art-based workshops ar8 on offer and facililies are available for hire. Siobhan Price Memorial Fund This a small fund estsblished in memory of Siobhan Price who was a Social Wort(8r with Knowsl8y Metropolitan Borough Councll. She had a passion for making a dlfference for young people and was an avid outd¢)or pursuit enthusiast. Followlng her sudden and unexpected passing at a very young age, family and colleagues of Siobhan ralsed a sum of money and approached MYA to hold the money and use it to provide opportuniti9s for young people to engage in ihe activitias that Siobhan loved such as paddleboardlng. ESF and YEI: Talent Match Plus Funded by the European Social Fund and Youth Employment Initiative, this projecf works with young people aged 15-29 from across LCR who are rthest away from the labour market. Innovative interventlons through Intensive Mentoring and Individualised career coaching develop a unique, person centred pathway of support to progress them into education, employment or trainlng. Talent Match - Youth Futures Funded by Youth Futures Foundation who are a °what works. funder. Thls programrne supports young people who have been out of training, education or work for 12 months or more. This project works wlth young people aged 15-29 provldlng Intenslve mentorlng and bespoke wraparound support to enable them to achieve their goals. Evaluated by King's College London, thls programme alms to provlde an evldence base on That works. to addross youth unemployment In order to Influence future unemployment strategies. MYA UK Shared Prosperity Fund Thls Is a cenlral plllar of the UK govemment's Levelllng Up agenda and significant component of its support for places across the UK. Under the People and Skills Prlorlty, Llverpool Clty Region Combined Authority commissioned a number of community-led employment projects to work with economlcally na¢ve 2nd soclally excluded people to offer a range of personallsed support to mov6 them closer to employment. 47
Merseyside Youth Assoclatlon Limited (Llmited by Guarantee) Notes to the Financlal Statements for the year ended 31. March 2024 (cont.) 19 Transfers between funds Twelve (2023: eleven) projects had incurred surpluses, Includlng their brought forward reserves, other than for the four projects whose reserves hava been restrlcted, the re18vant fvnders have no Intentlon of seektng repaymgnt of these amounts. Net transfers to designated unrestrlcted funds in the year represent: Transfers from designated fund8 to general unrestiicted funds In respect of projects that incurred surpluses totalled £9,183 (2023: £8,114). In addltlon, adjustments were necessary due to insufflclant ftjndlng being received for some restricted projects, In respect of whiGh £3,260 (2023: £11,077) has been transfetTed to deslgnatgd funds to cover this shortfall, Including any adjustments necessary followlng the endlng of certain projects, Further. the dlrectors have made transfers from designated to restricted funds totalling £86.818 (2023: £24,994> as broughtfoNard designated funds have been utilised, while £Nil {2023: £115,518) has been transferred from restricted to deslgnated funds in respect of surpluses generated by projects. In the prevlous year, a further £8,188 was transferred from restricted to designated funds to support MYA Foodbank and £5,446 was transferred from unrestricted reserves to designated capital reserves In respect of fixed asset additions, Net transfers from restricted funds In the year represent: Transfers from restiioted funds to general unrestricted funds In respect of projects that incurred surpluses totalled £109,462 (2023: £15,159). In additlon, adjustments were necessary due to insufficient fundlng being received for some restricted projects, In respect of which £56,162 (2023., £58,407) has been transferred from general unrestricted funds to restricted funds to cover thls shortfall, includlng any adjustsments necessary following the onding of certaln projeGts. Further, the dlrectors have made transfer8 from deslgnated to restrided funds totslllng £86,818 {2023: £24,994) as brought forward designated funds have been utllised, while £Nil (2023.. £115,518) has been transferred from restricted to deslgnated funds in respect of surpluses generated by projects. In the prevlous year, a further £8,188 was transferred from restrlcted to designated funds to support MYA Foodbank. In respect of fixed asset additions in the year, £183,677 (£2023: £10,795} has been transferred from restrlcted reserves to designated capitsl resewes. A transfer of £9,670 has been made from tho designated unrestricted capital reserves of one project to another, representing an asset transfer. 20 Taxatlon As a charlty, Mers8yslde Youth Assoclation Llmlted Is exempt from tax on income and galns falllng within section 505 of the Taxes Act 1988 or s256 of the Taxatlon of Chargeable Galns Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen In the Charlty. 21 Contlngent Ilabllltles The company had the following conting6nt Ilabilities at 318t March, 2024: A potential liability exists In resp8Ct of the Skills Capital Fund monies received during previous flnanclal years. It is a condltion of that fundlng that the charity shall not dispose of or change the use of any such capital assets thus funded. This condition r8lates to £622,656 of funds received and remains in place for 5 years from the Agreed Project Financial Completion Date, which was 31 March 2021. Therefore, the condition Is In place until 31 March 2026. 48
Merseyslde Youth Association Limited (Limlted by Guarantee) Notes to the Financial Ststements for tha year andad 31st March 2024 (cont.) 21 Contlngent Ilabllities (continued) A potential liability exlsts In respect of the Social Investment Business Foundation ("SIBF') monies of £183,677 due to be received In respect of the financial year for the capital improvement of the property held under a lease at Seaview Ri)ad. A charge was registered on 15 December 2023 prohibiting any dlsposition of the land at Seavlew Road, occupled by MYA SPACE, without the written consent of SIBF. This condttion remains in place for 15 years from 13 October 2023. Therefore, the condltlon Is In place unlll 12 October 2038. 22 Flnanclal commitments The company had commitments under non-cancellable operating leases at 3191 March, 2024 as follows". Land and Bulldlngs 2024 2023 other 2024 2023 Total future payments, falling du8.. Within one year Between one and five years 45,475 3,739 1,322 5,061 103689 23 Cash generated by operatlng activities 2024 2023 Net incomel(expenditure) for the year Adjuslments for: Interest and dividends receivable Depreciation Net (gains)Ilosses on investments Interest payable Operating cash flow b6fore movements In worklng capltal Decrease/(increase) in d6btors Increasel{decrease) in creditors 210,548 115,541 > fl,782) 75,088 (286,484) 19.995 (7,083) 73.170 53,873 11,365 394,155 112,440 (176,865) 189,862 Capltal commitments At 31 $1 March, 2024, capital commitments authorised by the dlrectors but not contracted for amounted to £Nil (2023: £30,000) and capital commitments authorised and contracted for amounted to £1,243,543 (2023: £Nil). 25 Members, liability The company is limited by guarantee, and, in the event of the winding up of the company, the liability of each member (including those members who have served within the previous twelve months) is limited to a contribution of £1 towards the cost of dlssolutlon and the liabilities incurred by the charity while the contributor was a member. 49
Merseyslde Youth Assoclation Limited (Limited by Guarantee) Notes to the Flnanclal Statements for the year ended 3181 March 2024 (cont.) 26 Relat8d party transactlons During Ihe year. the Charity wrote off the balance due from the subsidiary company, MYA Youth Limlted, in the amount of £35. Balances due from group companies are shown in Note 14 of the financial statements. 27 Comparative Statement of Flnanclal Activities Unre$trl¢ted Fundg Rgstrlcted Funds Totsl 2023 Note Income fr. Donaflons andlegarA8s other Irading acllvth88 Investments Charilable aGtlv1118S 2,708 140,497 7,083 6,456 40,765 9,164 187,262 7,083 4147,371 4,147,371 Total 156 288 4 194 592 4 350 880 Expendlture on: Raislng fvnds Chan'table aclmuas otherexpandlture 4,545 240,428 4067.575 4,308,1103 Tolal 244973 067.575 Not (expenditureylncome beforo l¢wes on Investments 188,6851 127,017 38,332 Nat losses on Inv88tments N8t losses on inveslmgnl property 111,2841 (42,5891 111.284) {42,589} Ngt Incomel(expendlturn) b8foro transfe 1142,5581 66,259 127,017 (15,541 TranOIS botween funds 166,259) NEf MOVEMEprr IN FUNDS 176,299> 60,758 (15,5411 RECONCIUATION OF FUNDS Total ffijnds brought fOard Total funds ¢arrled fomard 2953216 287691T 3 052,013 3 030 472 50