Charity Registratlon number: 700738 Company Registration number: 1843226 Merseyside Youth Association Limited (Limited by Guarantee) Trustees, Report and Financlal Statements for the year ended 31st March 2025
Merseyside Youth Associatlon Limited (Limited by Guarantee) Contents Page Legal and Administrative Information Trustees, Report 4-16 Independent Auditor's Report 17-19 Statement of Financial Activities and Income and Expenditure Account 20 Balance Sheet 21 Statement of Cashflows 22 Notes to the Financial Statements 23-38
Merseyside Youth Association Llmited {Limited by Guarantee) Charlty Information Charity Name.. Merseyside Youth Association Limited (Limited by Guarantee) Charity Registration Number.. 700738 Company Registration Number: 1843226 Governing Document.. Memorandum and Articles of Association dated 23 August, 1984 as amended in 1985 and 2000. Registered Office: Abney Building 65-67 Hanover Street Liverpool L13DY Principal Business Address: Abney Building 65-67 Hanover Street Liverpool L13DY Directorsrrrustees: P. Boyce D. Cooke R. T. Dears A. Gibbons (Chairperson) P. Moonan P. Singleton (Treasurer) D. R. Swaffield Company Secretary.. G. Bainbridge Chief Executive: G. Bainbridge Accountants", Sloan Accountants Limited Chartered Accountants PO Box 9657 Wilmslow SK9 OLD Auditor.. Collins & Co. Statutory Auditors and Chartered Accountants Suite 13, Hattersley House 1 Hattersley Court Off Burscough Road Omiskirk L39 2AY Bankers.. HSBC plc 99-101 Lord Street Liverpool L2 6PG
Merseyside Youth Assoclatlon Llmited (Llmlted by Guarantee) Charity Information (continued) Solicitors: Brabners Chaffe Street WorkNest Horton House Woodhouse Exchange Flags Church Lane Liverpool Aldford L2 3YL Chester CH3 6JD Investment Managers.. Limited Rathbones Incorporating Investec Wealth & Investment Port of Liverpool Building Brunswick Street Liverpool L3 1 NW
Merseyside Youth Association Llmited (Limited by Guarantee) Trustees, Report for the year ended 31st March 2025 The trustees present their annual report and the financial statements for th8 charity for the year ended 3181 March 2025, Reference and administrative details The details ar8 set out on page 2. Dlrectors and their interests The directors of the charitable company (the charity) are its trustees for the purposes of charity law and throughout this report are collectively referred to as the trustees. The directors who acted during the year are as stated below.. P. BoyGe D. Cooke R. T. Dears A. Gibbons J. C, Lewys-Lloyd (resigned 12 December 2024) P. Moonan P Singleton (appointed 12 December 2024) D. R. Swaffield P. Boyce and D. Cooke retire by rotation, and being eligible, offer themselves for re-election. Acknowledgement of Former Treasurer The Board wishes to record its deep appreciation for the outstanding se1 and commitment of our fomier Treasurer, John Lewys-Lloyd, who sadly passed away recently. John continued to serve throughout the 2024125 financial year, having dedicated more than 15 years to the charity. His guidance and stability were invaluable during some of the most challenging periods in our history. Although he expressed a wish to step down several years earlier, John generously remained in post until a suitable SuC880r was appointed, ensuring continuity and support when it was most needed. He formally resigned at the 2024 AGM, and the charity is profoundly grateful for his eXptiOnal contribution and lasting legacy. Structure Governance and Mana ement Governing document Merseyside Youth Association Limited is a company limited by guarantee governed by its Memorandum and Articles of Association dated 23rd August 1984 as amended in 1985 and 2000. The company is registered in England. It is a registered charity with the Charity Commission. Every member of the charity promises, if the charity is dissolved while slhe remains a member or within 12 months aftenNards to put up to £1 towards the cost of dissolution and the liabilities incurred by the charity while the contributor was a member. Appointment of Trustees The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles of Association are known as the Board of Directors, Under the requirements of the Memorandum and Articles of Association, the Trustees are eligible, as the Board of Directors, to appoint additional trustees. As set out in the Articles 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.
Merseyside Youth Assoclatlon Limited (Llmlted by Guarantee) Trustees, Report for the year ended 31st March 2025 (cont.) Appointment of Trustees (continued) The trustees can co-opt any duly qualified person to be appointed as a trustee to fill a vacancy, but a co-opted trustee will hold office only until the next AGM, When considering the co-option of a trustee, the Board has regard to the requirements of any specialist skills needed, All new trustees will have to complete an application form including a skills audit. The Chair and Treasurer and other honorary officers will be appointed by the trustees from among their number at the next general meeting after the AGM. Trustees inductlon and training New trustees receive an induction pack including information on the roles and responsibilities of trusteeship. It includes a copy of the Memorandum and Articles of Association, the Executive Summary of the Business Plan, a copy of the latest Annual Impact Report and Annual Trustees Report and Financial Statements. New trustees meet with the Chief Executive to brief them on the operation of the charity. Trustees are encouraged to attend appropriate external training events where these facilitate the undertaking of their role. Organisation The Board of Trustees, which can have up to nine members, administers the charity. The Board meet quarterly. The Board Gonvenes sub-groups for specific purposes 1.8. Finance and Risk, Propety (quarterly), Fundraising and Partnerships, and Safeguarding (bi-annually). Additional sub- group meetings are arranged as and when required. A Chief Executive is appointed by the trustees to manage and strategically develop the day-to-day operations of the charity. To facilitate effective operations, the Chief Executive has delegated aLrthority, within terms of delegation approved by the trustees, for operational matters including finance, employment and aGtivity related to the direct work with young people. Partner organisations The Charity has a close relationship with VS6, which is a partnership of support organisations working with 11,500 voluntary, community, faith and social enterprise groups operating across Liverpool City Region. It works to champion the vital role of our sector in the future of the city region, seeking to shape local policy and implementation for the benefit of our communities. This includes the Combined Authority and the Metro Mayor. As a member of VS6, we also work closely with the local Voluntary and Community Sector (VCS) and other infrastructure organisations. VS6 has an agreed manifesto and action plan which aims to offer solutions to some of the most challenging economic issues faGing our city region, drive community-centred approaches to tran8foming health and wellbeing and to provide a single point of Gontact for the city's Voluntary, Community, Faith, and Social Enterprise Sector (VCFSE). The CEO is a trustee and treasurer of Voluntary Sector North West (VSNW), the regional voluntary sector network for the North West. It is a membership organisation that connects to the region's VCFSE sector through infrastructure organisations, equalities networks and large regional and national providers. We continue our partnership with LCVS, Sefton CVS, St Helens and Halton CVA, One Knowsley and Community Action Wirral to coordinate the infrastructure offer aGross the city region. The charity is also a member of UK Youth and is a member of Youth Focus North West and is part of their StrategiG Leads group. The Charity has developed strategic links across Liverpool City Region, inGluding LCR Employment and Skills team and UKSPF (UK Shared Prosperity Fund) Providers group.
Merseyside Youth Association Limited (Limited by Guarantee) Trustees, Report for the year ended 31 St March 2025 (cont.) Partner organlsatlons (contlnued) We have also maintained our close strategic links with the Department of Work and Pensions including delivering a Youth Employment Hub at MYA'S city centre headquarters, with co-located DWP work coaches. This includes membership of the Liverpool City Region (LCR) Youth Hub Network. The Charity has strategic links with Child, Adolescent, Mental Health Services (CAMHS) including membership of the Mental Health and Emotional Wellbeing Partnership Board and is a member of the Sefton Emotional Achievement servi (SEAS) consortium which aims to offer emotional wellbeing support for children, young people, and their families in Sefton, The Charity has continued its work with Liverpool City Council in membership of the Fairer, Healthier Liverpool Group, with a focus on Liverpool gaining Marmot City Status. MYA has embedded strong and effective strategic and operational partnerships linked to the delivery of Knowsley's Targeted Youth Offer. This includes membership of the Knowsley Children and Families Board, and participation in network meetings in relation to several strategies including stronger Communities, Domestic Abuse, Vulnerable Children, Health and Wellbeing, Anti-social Behaviour (ASB), Care Leavers and Crirne and Communities team meetings. We remain members of the Health Watch Community Engagement Group and the Cheshire and Merseyside Health and Social Care Leadership Group, supporting the engagement of the VCS in the Health agenda across the region, representing the needs and issues of young people, The CEO is also a VCS representative on Cheshire and Merseyside NHS Children and Young People's Committee taking a systemic, multi4isciplinary approach to meeting the health needs of children and young people. She is also a member of the Cheshire and Merseyside VCSE Children & Young People's Network group which seeks to connect the wider sector with the NHS Integrated Care Board (ICB) and to identify and address priority issues across the ICB footprint. MYA has funding relationships with Liverpool City Council (Targeted Youth Support Service and Sports and Recreation servi), Knowsley Council, Sefton Council, Merseyside Violence Reduction Partnership, UK Shared Prosperity Fund (managed through the Combined Authority), UK Youth, NHS Cheshire and Merseyside Integrated Care Board, Liverpool Learning Partnership, Youth Music, Cornmunity Foundation Lancashire and Merseyside, Sefton Council for Voluntary Services, Liverpool CVS, National Citizens Service (Open via Youth Fed and targeted), National Lottery Communities Fund (Reaching Communities), Sefton and Know8ley Holidays Activities and Food (HAF) programmes, Department of Work and Pensions (Flexible Support Fund). Maria Tapioca is our new Gafé provider, selling horne-cooked food with a Brazilian twist. Cohens Chemist remains a tenant at Gordon Youth Centre, alongside Motiv8 who are operating their alternative education provision at the premises. Leisure United is providing football and leisure services from Jeffrey Humble Playing Fields. All our tenants have abided by Government legislation and guidelines in relation to their opening and delivery of services. Each project has operational links and partnerships with a wide range of statutory and voluntary agencies within their communities (including communities of identity) to enable a more effective and co-ordinated service for young people. Talent Match has a number of delivery partners, including Youth Federation, Listening Ear and The Brain Charity, procured to deliver targeted seNices, via an SLA. They also micro commission a wide range of organisations who provide personal and social development opportunities for young people.
Merseyside Youth Assoclatlon Limited {Llmlted by Guarantee) Trustees, Report for the year ended 315t March 2025 (cont.) Partner organlsatlons {continued> This year, we established a valuable partnership with fundraiser Lauren Evans to strengthen our corporate fundraising efforts and events. Lauren has a strong track record in driving business growth, with extensive experience in charitable fundraising. Risk management The Charity continues to implement its established Health and Safety policy as well as procedures to ensure that risks are minimised for both staff and young people in all aspects of its work. These include Safeguarding and Child Protection procedures, risk assessment of activities (on and off site), administration of medication policy and procedure and a separate residential policy. WorkNest provide external Health and Safety advice and undertake annual premises audits and monitor progress against action plans. Our internal HR function provide regular Health and Safety update briefings to all Project managers and Goordinators. Information is disseminated at the Board of Trustees and Senior Management Team meetings. Health and safety is a standing agenda item on the Board meetings, Senior Management Team meetings as well as team meeting8 and within supervision sessions. A rolling programme of Health and Safety training is delivered to staff members including risk assessment, first aid and fire marshal training as well as other modules of the e-Learning Health and Safety training. The Charity has reviewed its insurance needs at May 2025 to ensure appropriate cover for all charitable activities. The Charity has a reserves policy, which is regularly reviewed by the trustees to ensure sustainability. Reserves policy It is the long-term intention of the Trustees to build up our unrestricted reserves so that they represent the equivalent of twelve months, worth of running expenses. It is also the intention of the trustees to hold an additional sum, equivalent to three months, worth of restricted expenditure, in unrestricted reseNes. These objectives have been met. The total of unrestricted reserves currently stands at £4,218,626 and restricted reserves at the year-end date total £43,913, Ob'ectlvas The objects of the charity a,. To provide and co-ordinate, in the interests of social welfare, facilities for recreation and other leisure- time occupation for young people in Merseyside who have need for such facilities because of their youthfulness, infirmity or disablement, poverty, or social and economic circumstances, so as to develop their physical, mental, and spiritual capacities, that they may grow to full maturity as individuals and members of society. Public Benefit Statement INhen planning our activities for the year, the charity considered the Charity Commission's guidance on public benefit. Vision Liverpool City Region has young people who are able to leam, adapt, and thrive in their communities with pride, belief, hope, independence, and resilience.
Merseyside Youth Association Limited (Limited by Guarantee) Trustees, Report for the year ended 31st March 2025 (cont.) Mission Our mission is to co-create positive and lasting change in the lives of Merseyside's young people. Values: Young Person Centred Inclusive, Adaptable and ACSsible Responsive and Flexible Friendly and Non-judgemental Challenging and Rewarding Supportive and Developmental Effective and Efficient Offer: MYA is a trusted presence in the lives of young people, delivering community-based projects that support, inspire, and empower. Our core aims are" To give every child and young person the best start in life To foster a sense of belonging and inclusion To inspire young people to reach their full potential To equip children and young people with the skills and Confiden to take control of their lives To contribute to the development of healthy, safe, and sustainable communities To build a skilled, positive and inclusive workforce, promoting fair employment in youth ServIS At MYA, we use a person-centred, holistic approach that supports young people through every stage of life. Our work is trauma-informed and designed to meet individual needs, building resilience and promoting wellbeing through a range of youth-focused activities. Our Core Activities Include: Centre-based and Detached Youth Work < Groupwork. Schools Engagement. and 1.1 Support Youth Volce and participation rj Music and PerformingArts Outdoor Educatlon J Workforce development and tralnlng
Merseyside Youth Association Limited (Limited by Guarantee) Trustees, Report for the year ended 31st March 2025 (cont.) These activities aim to.. Connect Connectyoung people and reduce social isolation Improve Improve health, lifestyles, relationships and social learning Support Support emotional wellbeing. creativity, and positive coping strategies Encourage Encourage identity exploration and a sense of belonging Promote Promote pro-social behaviour, inclusion, and diversity Raise Raise aspirations and support personal development Build Build essential life skills and improve social and emotional literacy Develop Develop skills and enhance employability Through our work, MYA is committed to helping young people thrive-personally, socially, and educationally-while contributing to a fairer and more inclusive society. Our Achievements Vision, Values and Strategy This year, we have worked hard to promote our mission and vision both within the organisation and across our wider networks. These efforts were exemplified through our Impact Report, our website, and by achieving Fair Employment Charter status. To strengthen governance, our Board of Trustees transitioned to quarterly meetings, ensuring more effective oversight and strategic leadership. We established dedicated sul>committees focusing on Finance and Risk, Premises, Fundraising, and Partnership and Safeguarding. These groups have helped streamline reporting, maintain strategic direction. and improve overall scrutiny. In addition, we welcomed a new Treasurer to the Board. reinforcing our financial leadership and expertise.
Merseyside Youth Association Limited (Limlted by Guarantee) Trustees, Report for the year ended 31 St March 2025 (cont.) People and Culture We have revitalised several key internal processes to enhance our people-focused approach. New systems were introduced for recruitment and sel8Ction, induction, and a refreshed salary grading matrix to ensure fairness and transparency. Performance management practices were made more consistent aGross the organisation, and we placed greater emphasis on staff wellbeing through a range of activities throughout the year. The creation of a Staff Wellbeing Group demonstrated our commitment to fostering a supportive and positive workplace Culture. Key Policies and Procedures Maintaining high standards has remained a priority, and we were pleased to retain our ISO 9001 certification, the Matrix IAG standard, and DSPT compliance. Our use of technology was enhanced through improv8d deployment of systems such as our HR data platform, SharePoint for collaboration, and the Charity Log CRM for better data management. Alongside these improvements, we updated our Employee Handbook and contracts of employment, intrOdUd enhanced financial systems and procedures, revised our Disaster Contingency Policy, and developed a comprehensive GDPR mapping document to ensure compliance and readiness. Reach and Engagement Our impact this year was extensive, with engagement from over 8,000 individual young people and more than 195,000 recorded contacts. We have continued to prioritise inclusivity and equity by setting and monitoring equalities targets across all our programmes and services. Currlculum Offer We continued to deliver safe, welcoming spaces where young people can acGess support to meet their basic needs and participate in programmes tailored to their development. Our projects fostered connection and reduced social isolation, enabling young people to build healthy peer relationships, explore their identities, and engage in activities that supported wellbeing, resilience, and creativity. Through our curriculum, we promoted diversity, pra-social behaviour, and anti4iscriminatory practices. Young people developed essential life skills, increased their aspirations, and enhanced their social and emotional wellbeing in an environment that encouraged belonging and positive progression. Youth Voice Youth participation remained central to our work. We empowered young people to actively shape the services they reGeive, ensuring that their voices were heard and acted upon. Our staff were trained in the Lundy Framework of participation, embedding meaningful engagement across all levels of the organisation. Young people were supported to lead and influence through a broad range of consultation, co-design, and participatory activities, reinforcing our commitment to youth-led practice. Communications We strengthened our communication efforts through the successful completion of building branding projects, creating a consistent and professional visual identity. Our successes were showcased through targeted campaigns, impact-focused outcome reporting, engaging events, and a refreshed online presence via our website. 10
Merseyside Youth Association Limlted (Limited by Guarantee) Trustees, Report for the year ended 315t March 2025 (cont.) Partnership and Advocacy Our approach to partnership working has been dynamic and strategic. We maintained strong partnerships while expanding our network to support transitions and build multidisciplinary collaborations capable of delivering transfomiative interventions. Through constructive support and challenge, we helped partners uphold best practices and worked together to champion systemic change through a rights-based lens. The formation of a Board sub-committee on partnerships has further enhanced our ability to advocate effectively and collaboratively, Premlses and Facilities We undertook a review of all our leasehold buildings and agreements, ensuring they remain fit for purpose and aligned with our strategic goals, The Property Sub-committee provided valuable oversight, helping to balan organisational needs with the opportunity to support the wider local sector through shared facilities. Key developments included the relocation of staff from the third to the fourth floor at our Head Office in Hanover Street, the installation of solar panels, and the completion of a kitchen refurbishment at SPACE, contributing to both sustainability and service quality. Financlal Growth To support long-term financial sustainability, we implemented a 100/0 administration fee on bids exceeding £5,000 that did not include Full Cost Recovery. We set clear earned income targets and tracked progress against them, demonstrating a proactive approach to income generation. An external fundraiser was engaged to enhance our fundraising capacity, contributing to increased success in securing corporate sponsorship through events. Additionally, we collaborated closely with funders to evaluate our organisational capacity, resulting in secured funding for both fundraising strategy and property development consultancy. Risk Management This year, we made progress in developing an organisational risk register to support the proactive management of strategic and operational risks. We undertook Data Protection Impact Assessments (DPIAS) and continued to monitor our financial reserves and foNard projections into 2025126, helping to maintain financial stability and prepare for potential future Ghallenges. Outputs The charity has worked with 8,218 different young people, with 195,314 Gontads across 6 different local authority areas this year. We worked with 3,001 more young people this year than last year. most.of our projects work with young people regularly throughout the year, to build relationships and feelings of belonging. On average, each young person attends 23 times per year. li
Merseyslde Youth Assoclation Limited (Limited by Guarantee) Trustees, Report for the year ended 31 st March 2025 (cont.) Outputs (continued) Equality data. 45.20/ts of the cohort identify as male 39.90/c identify as female 1.20/0 identify as non-binary 11.90/0 of our cohort were frorn Black, Asian and Minoritized Ethnic Communities 3.6 % of our cohort identified at LGBTQ 16.9 % of our young people identified as disabled Age.. 160/0 of our young people were aged between 0-11 560/0 were aged between 12-16 23Q/o were aged 17-21 50/c were over 21 years We have provided training to 3,943 different organisationslprofessionals reflecting our reputation and innovation in relation to mental health. We have worked with 515 partner and referral agencies, once again demonstrating our breadth of partnership, again aligned with our business plan objectives. Outcomes This year we have enabled 558 young people to enter training, education cr work and a further 538 have gained a qualification as a direct SuIt of our work. MYA creates positive change in the lives of young people. Our work delivers the following long-term outcomes: Enhanced employability Improved health and emotional wellbeing Increased confidence and self esteem Enhand personal and social skills Raised aspiration and achieving learning goals Created independence directly through transferrable skills Finance MYA'S annual income has increased by £123,687 in this financial year and reseNes have increased by £1,015,504., much of that increase is attributable to the capital grant income retsived in the year totalling £1,196,259, for improvements at MYA SPACE. Excluding that capital grant income, annual income has fallen by £1,072,572, reflecting the difficult climate within which we continue to operate. Despite that, projects have been investing in direct work with young people, that reduced income being met with a decrease in expenditure of £964,117. The rise in investments, totalling £3,616. has also contnbuted to that increase in reserves. Despite a difficult climate we have sought to maintain a diverse range of income generatlon strands. Our'spread. of funding is such that 680k has Gome from grants induding European funding, Charitable Trusts, Foundations and public sector grants. Our income from Local Authorities has fallen very slightly in absolute terms, remaining con8iStent at 23 % of our total income. 12
Merseyside Youth Association Llmlted (Limited by Guarantee) Trustees, Report for the year ended 315t March 2025 (cont.) Finance (continued) Our income from sales {training, project and programme income) and hire of facilities has remained relatively stable this year, reducing slightly from 7.6tsA to 7.4Q/o of overall income. Hire of facilities and tenancy rentals alone has increased by £38,607 reflecting the increased use of our Hanover Street HQ and Our Place facility in Knowsley. Income from donations and legacies and from investments (together) has reduced by £3,247, as income from donations and legacies has fallen and income from investments has increased slightly. Plans for tha Future As part of our commitment to continuous improvement and long-term impact, MYA has identified ten strategic areas for development and established SMART targets for each. These priorities a designed to strengthen our organisation, enhance outcomes for young people, and ensure sustainability and resilience across all operations. Our focus areas and corresponding actions for the coming year are outlined below: 1. Vision, Values and Strategy We will continue to embed our mission and vision both internally and externally through key communication channels, including our Impact Report, website, and promotion of our Fair Employment Charter status. The Board of Trustees aims to strengthen its strategic leadership by streamlining reporting, improving the function of sub-committees, maintaining strategic SGrutiny, and diversifying board membership. 2. People and Culture We aim to nurture a supportive and inclusive work environment by implementing wellbeing initiatives such as staff-led activities, regular wellbeing walks, and a themed full-staff conference. Our Equality and Diversity group will be reinvigorated to deliver an action plan and annual calendar of events, We will also enhanGe key HR policies, retain external quality marks, and improve systems and documentation, including updating our Employee Handbook, GDPR mapping, and disaster contingency procedures. 3. Reach and Engagement Our target is to engage with 5,400 young people and facilitate 130,000 meaningful contacts annually. We aim for 940/0 of young people to report positive progression through the MYA outcome tool. Additionally, we will implement equalities monitoring, roll out a new CRM system, develop a data dashboard for Board oversight, and apply data insights to improve our reach. 13
Merseyslde Youth Association Limited (Limlted by Guarantee) Trustees, Report for the year ended 318t March 2025 {cont.) Plans for the future (continued) 4. Youth Volce Empowering young people remains central to our mission. We will develop diverse youth voice platforms, implement the Lundy Framework, and Greate mechanisms to demonstrate our response to youth feedback ("You said, we did"). We will ensure that youth voice informs our campaigns, curriculum, and seNice delivery. 5. Communicatlons A full audit of our communications and social media will be conducted, supported by the establishment of a cross-organisational Comms group. A staff conference will focus on improving intemal and external communication. We will strengthen our messaging to engage corporate supporters and showcase our achievements across campaigns, outcomes, and events including the Liverpool Tennis Tournament and MYA Golf Day. 6. Partnership and Advocacy We aim to maintain and expand our partnerships, working across disciplines to deliver life- changing interventions. By advocating for systemic change and promoting a rights-based approach, we aim to influence best practic88 in the sector. We will also support Youth Centre trustees in building capacity and assuming lease responsibilities. 7. Premlses and Facllities A mapping exercise of our leasehold properties will be completed and will work towards concluding outstanding lease negotiations. Through our Propety Sub-committee, we will seek to maximise the value and impact of our assets, including potential asset transfer8 of a number of Youth Centres. A planned review aims to help our facilities better support income generation, improve adaptability, and enhance spatial efficiency where possible. 8. Financial Sustainability A dedicated Fundraising professional will lead the development of a strategy to grow Given Income" by £130,000 overthree years. We will continue to explore new funding opportunities, set earned income targets, optimise the use of MYA facilities, and bring accountancy services in-house to reduce central costs. An upgraded financial system will enhance efficiency and financial oversight. 14
Merseyside Youth Assoclatlon Limited (Limited by Guarantee) Trustees, Report for the year ended 31st March 2025 (cont.) Plans for the future (continued) 9. Risk Management Risk management will be embedded throughout the organisation. We will maintain and refresh our risk register, strengthen succession planning, monitor income diversification, and undertake Data Protection Impact Assessments (DPIAS). Revised risk assessment tools and quarterly ISO non-conformance reviews will ensure a proactive approach. Risk management will also feature centrally in Board sub-committee planning. Knowledge transfer and Gapacity-building across staff and governance structures will help future-proof MYA and sustain organisational memory. 15
Merseyside Youth Assoclatlon Limlt8d (Limited by Guarantee) Trustees, Report for the year ended 31 St March 2025 (cont.) Trustees, res onslbilities in relation to the financial statements Company and charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the group and its surplus or deficit for that year, In preparing those financial statements, the trustees are required to: Select suitable accounting policies and then apply them consistently., Obsenie the methods and principles in the Charities SORP. Make judgements and estimates that are reasonable and prudent., state whether applicable Accounting Standards and Statement8 of Recommended Practice have been followed, subject to the departures disclosed and explained in the financial statements. and Prepare the financial statements on the going concem basis unless it is inappropriate to presume that the company will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and group and to enable them to ensure that the financial statements Gomply with FRS 102. They are also responsible 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 charity's auditors in connection with preparing their report) of which the auditors are unaware., and As the directors 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 infomiation. Auditor In accordance with section 487(2) of the Companies Act 2006, Collins & Co. are deemed to be reappointed as auditor to the company for the ensuing year. This report is prepared in accordan with the speGial provision of Part 15 of the Companies Act 2006 applicable to small companies. This report was approved by the Board of Trustees on 11 December 2025 and signed on its behalf by.. Ms Gill Bainbridge Secretary 16
Merseyside Youth Association Limited (Limited by Guarantee) Independent AUdit0S Report to the Members and Trustees of Merseyside Youth Association Limited We have audited the financial ststemenls of Merseyside Youth Association Limited for the year ended 31st March 2025 which comprise the Statement of Financial Activities and Income and Expenditure Account, the Balance Sheet and Ihe related notes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel, including FRS 102"The Financial Reporting Standard applicable in the UK and Republic of I reland" In our opinion, the financial statemenls,. Give a true and fairview ofthe state ofthe company's affairs as at 31st March 2025, and of the incoming resources and application of resources, including its income and expenditure, for the year Ihen ended. Have been properly prepared in accordance with United Kingdom Generally Accepted Accounling Practice., and Have been prepared in accordance with the requirements of the Companies Act 2006 and the Charities Act 2011. Basis for oplnlon We conducted our audit in accordance with International Standards on Auditing (UK) (ISA'S (UK)) an applicable law. Our responsibilities under Ihose standards are further described in the Auditors, responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including FRC'S Ethical Standard and we have fulfilled our other ethical respcnsibiSities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for cur opinion. Conclusions relatlng to golng concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significanl doubt on the charity's ability to continue as a going concern for a period of at least e1ve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevanl sections of this report, Other Inforniation The trustees are responsible for the other information which comprises Ihe Trustees, Report, but does not include the financial statements and our Report of the Auditors Ihereon. Our opinion on the financial stalemenls does not cover the other information and, except to the extent otheNise explicitly stated in our report, we do not express any form of assurance canclusion thereon. In connection with our audit of the financial ststements, our responsibility is to read the other information and, in doing so, consider whether the other information 18 materially consistent with the financial statements or our knowledge obtained in the audit or Oihemise appears to be materially misststed. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the olher information. If, based on the work we have performed, we conclude thal there is a material misstatement of this other information, we are required to report thai fact. We have nothing to report in this regard. Opinion on other matters prescrlbed by the Companies Act 2006 In our opinion, based on the wcrk undertaken in the course of the audit,, the information given in the Trustees, Annual Report (which includes the directors, report prepared for the purpose of Company Law> for the financial year for which the financial stateTnents are prepared is consislent wilh the financial statements. and the Trustees, Annual Report (which includes the directors, report prepared forthe purpose of Company Lawl has been prepared in accordance with applicable legal requirements. 17
Merseyside Youth Assoclatlon Llmlted (Limited by Guarantee) Independent Auditor's Report to the Members and Trustees of Merseyside Youth Association Limited {cont.) Matters on which w8 are required to report by exception We have nothing to report in respect of the following matters where the Companies Act 2006 and the Charities Act 2011 requires us to report lo you if, in our opinion- adequate and proper accounting records have not been kept. or returns adequate for our audit have not been received from branches not visited by us. or the financial statements are nol in agreement with the accounting records and returns., or certain disclosures of trustees rernuneration specified by law are not made., or we have not received all the information and explanations we require for our audit the trustees were not entilled to prepare the financial statements in accordance with the srnall companies regime and take advantage of the small companies, exemption in preparing Ihe Trustees, Annual Report (which includes the direGtors' repcrt prepared for the purpose of Company Law). Resp¢nslbllltles of trustees As explained more fully in the Trustees, Responsibilities Statemenl (set out on page 16), the trustees (who are also the direGtors of the charitable company for the purposes of company lawl are responsible for the preparation cf the financial slatemenls and for being satisfied that they give a true and fair view, and for such internal control as the trustees delermine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error, In preparing the financial statements, the directors are responsible forassessing the charity's ability to continue as a going concern, éisclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to wind up the charity or to cease operations, or have nc realistic altemative to do so. Audltors, responslbllitles for the audlt of the flnanclal statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whelher due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISA'S (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually, or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basi5 of these financial statemenls. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, lo detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below. The extent to which the audil was considered capable of d8t6Cting irregularities, including fraud Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows.. the Senior Statutory Auditor ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non<ompliance with applicable laws ané regulations., we identified the laws and regulations applicable to the company through discussions with directors and other management., we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006 and the Charities Act 2011., we assessed the extent of Gompliance with the laws and regulations identified above through making enquiries of managemenl and inspecting legal correspondence- and identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit. 18
Merseyside Youth Association Limited (Limited by Guarantee) Independent Auditor's Report to the Members and Trustees of Merseyside Youth Association Limited (cont.) We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by= making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud.. and considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations. To address the risk of fraud through management bias and override of controls, we.. performed analytical procedures to identify any unusual or unexpected relationships., tested journal entries to identify unusual transacts'ons., assessed whether judgements and assLJmptions made in detemining the accounting estimates were indicative of potential bias.. and investigated the rationale behind significant or unusual transactions. In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to. agreeing financial statement disclosures to underlying supporting documentation., reading the minutes of meetings of those charged with governance.. and enquiring of management as to actual and potential litigation and claims. There are inherent limitations in our audit procedures described above. The more removed those laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations,. to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.or -uklauditorsres Report of the Auditors. onsibilities. This description forms part of the Use of our report This report is made solely to the charity's members and trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so thatwe might state to the charity's members and trustees, those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity, the charity's members and trustees. as a body, for our audit work, for this report, or for the opinions we have formed. Paul Colllns FCA Senior Statutory Auditor for and on behalf of Collins & Co. Statutory Auditors and Chartered Accountants Suite 13, Hattersley House 1 Hattersley Court Off Burscough Road Ormskirk L39 2AY Date: LS 19
Merseyslde Youth Assoclatlon Llmlted (Llmlted by Guarantee) statement of Financial Activities including Income and Expenditure Account for the year ended 31st March 2025 Unr8stricl8d Funds Rostricted Funds TOTAL FUNDS 2025 2024 Note Income from: Donations and legaci98 Other tr8ding oolivities Investments Ch8171ablg 8Ctivilies Total 4196 203,628 8,249 1,204 217.277 2,734 48,604 6,930 252,232 8,249 4,827,062 S,094.473 10,644 202,934 7,782 4 749,426 4,970,786 4,825,858 4.877,196 Expondlturo on: Ralslng fvnds Charltab18 acllvftlos 10,010 420,639 10,010 4,072,575 4,489 5,042,213 3,651,936 Tolal 430 649 3 651936 4 082 585 5.046,702 Net {expendlturèylncoma before galns on Investmènts (213,3721 1,225,260 1,011,888 175,9161 Nel galns on investm8nts Nel galns on investrent property 13 1,787 1,829 1.787 1,829 18,673 2S7,811 Net {expendlture)Ilncome beforo transfer8 (209,7561 1,225,260 1,015,504 210,568 Transfers between funds 18 1,227,960 11,227,960) NET MOVEMENT IN FUNDS 1,018,204 (2,700) 1,015,504 210,568 RECONCILIATION OF FUNDS Totsl ndS brought forward Total funds carried forward 3,200,422 4,218,626 46,613 43,913 3,247,035 4.262,539 3.036,467 3,247 035 There have been no recognised gains or losses other than the net movement of funds for the above two years. The notes on pages 23 to 38 fom part of these financial statements, 20
Merseyside Youth Association Limited (Limited by Guarantee) Balance Sheet at 31st March, 2025 2025 2024 Note FIXED ASSETS Tangible fixed assets Investment assets: Investments Investment assets: Investment property 12 13 13 3,108,949 311,031 835,017 1,961,520 305,946 833,188 4,254,997 3,100,654 CURRENT ASSETS Debtors Cash at bank and in hand 14 622,599 10,536 619,244 128,948 633,135 748,192 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 15 (625,593) {576,161} NET CURRENT ASSETS 7,542 172.031 TOTAL ASSETS LESS CURRENT LIABILrriES 4,262,539 3,272,685 CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR 16 (25,650) NET ASSETS 4,262,539 3,247,035 THE FUNDS OF THE CHARITY Unrestrtcted Restricted 18 4.218,626 43,913 3,200,422 46,613 4,262,539 3,247,035 The notes on pages 23 to 38 fonn part of these financial statements. Approved y the Board of Trustees on 11 December 2025 and signed on its behalf by: A. Gibbons P. Sing ton Company Registration Number: 1843226 21
Mersayside Youth Association Limlted (Limited by Guarantee) Statement of Cashflows as at 31 March 2025 Nota 2025 2024 Cash flows from operating actlvltles 24 964,932 454,595 Cash flows from Investlng actlvltles Interest and divid8nds recelved Proceeds from sale of investments Purchase of Investments Purchase of property, plant and equipment Net cash flows from Invostlng actlvltles 8.249 104,346 {113,585) 1.233,725 (1,234,715) 7,782 31,072 129.575) 183.677 (174,398) Cash flows from flnancing actlvltles Repayments of bank loan Interest paid Net cash used in financlng actlvltle$ (40,810) 4,274 (45,084) {37,374} (57,3691 Net {decrease)Ilncrease In ¢a5h and cash equivalents (314,867) 222,828 Cash and cash equivalents at the beginnlng of th8 year 138,360 {84,4681 Cash and cash equivalents at the end of the year 176 507 138,360 Reconciliation to cash at bank and in hand Cash at bank and In hand Bank overdraft Cash equivalents 10,536 (190,386) 3,343 176,507 128,948 9,412 138,360 22
Merseyslde Youth Association Limited (Limited by Guarantee) Notes to the Financial Statements for the year ended 31sI March 2025 statutory Informatlon Merseyside Youth Association Limited is a private company, limited by guarantee, registered in England. The company's regist8r8d number and registered office address can be found on the Charity information page. The Charity is also a public benefit entity. Accounting policies The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial stat8ments have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recornmended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) and the Companies Act 2006. Th8 resulls for the subsidiary company have been consolidated with the parent charity and shown separately in the notes to the acGounts. The balance sheet is consolidated on a line-by-line basis. Going concern The trustees have a reasonable 8xpectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus it continues to adopt the going concern basls in preparing the financial stalements. There are no matarlal uncertainties about the charity's ability to continue. Funds General funds represent the funds of the charity that are not subject to any restrictions regardlng their use and are available for the general purposes of the charity. Funds designated for a particular purpose by the trustees are also unrestricted. Restricted funds are also subject lo specific conditions imposed by the donors or through the terms of an appeal. Transfers of income are made to recognise the release of restricted funds or to meet expenditure nol CoVed by restricted income. The financial stalements include all transactions, assets and Iiabllities for which the charity is held responsible in law. The financial statements include internal recharges of costs to projects, which are accounted for on a "line by line basis" in order to show the actual "true costs" of running the projects. Turnover Turnover comprises the arnounts receivable in respect of grants, donations, subscriptions and the sale of seNices. Income Donations and legacies Voluntary income received by way of grants. donations and gifts is included in the Statement of Financial Activities in the year in which it is receivable by or on behalf of the charity. Grants, where entillement is not condltional on the delivery of a specific p8rformance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. The charity received substantial amounts of voluntsry help from its supportèrs, but no attempt is made to place a financial value on these services and they have not been included. other income Rental income from the letting of the charity's premises is recognised when the rental is due. 23
Merseyside Youth Association Limited (Limited by Guarantee) Notes to the Financial Statemants for the year end6d 31st March 2025 (cont.) Investments Dividends and interest are accounted forwhen due and payable. Interest entitlements are accounted for as they accme. Tax recov6rable on such incorne is recognised in the same accounting period. Gains and Ioss9s on inv8Stments Realised gains or losses ar6 recognised when investments are sold. Unrealiseé gains or losses are accounted for on r6valuation of investments at 31. March. Expenditure Grants and donations Grants and donations are accounted for whan paid over, or when awarded, if that award creates a binding obllgation to the charity. Raising funds All expenses relating to fundraising, publicity, public relations and investment management charges are charged to this h8ading. Charitable activities Charitable activities comprise those costs Incurred by the charity in the d81ivery of its activities and services for its beneficiaries, It includes both the costs that can be allocated directly to such activities 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 relaled to the category. Irrecoverable VAT is charged against the category of resources expended forwhich it was incurred. Leasing Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance 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 outstanding in each period. Rental payments under operating leases are charged against income on a straight-line basis over the lease term. Tangible fixed assets and deprecation Fixed assets are included at cost, except where the cost figure is not available. In such instances, valuations have been used. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows: Freehold leasehold land and buildings Long leasehold land and buildings Short leasehold and buildings Fixtures & fittings ICT equipment, including computers Motor vehicles 2Q/o on cost (or valuation) Amortised over a maximum of 50 years AmortlS8d over the p&riod of the lease 1 Oe/o on cost 33.33 % on cost 250/0 on written down value 24
Merseyslde Youth Assoclatlon Llmlted (Limited by Guarantee) Notes to the Financial Statements for the year ended 31st March 2025 (cont.) Tangible flxed assets and deprecatlon (contlnued) All equipment, fixtures and fittings with 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 company's activities, there Is no expectation that the cost of the assets will be recovered in the way of future revenues. Investment Assats Investm6nts are valued at closing prices, as advised by th8 investment manager. 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. Cash and cash equivalents Cash and cash equivalents include cash held at bank and in hand, together with cash held by our Investment managers to facilitate transactions and bank overdrafts which ar8 reported in current liabililies. Current Assets Amounts owing to the charity at 31, March In respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectable. Employee benefits Defined contribution plans and other long tenn employee benefits A defined contribution plan is a post-employment benefit plan under which the charity pays fix6d contribulions into a separate entity and will have no legal or constructive obligation to pay further amounts. Obligations for Gontributions to defined contribution pension plans are recognised as an expense in the stalement of financial activities in the period during which services are rendered by employees. Financial instruments The charity has only financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including cash, debtors and creditors, are initially recognised at transaction value and subsequently measured at their settlement value. Contlngent Llabllltles and Provisions In accordance with the SORP, a contingent liability is disclosed for those grants, which do not represent liabilities, where the possible obligation, which arises from past events, will only be confirmed by the occurrence of one or more uncertain future events not wholly within the trustees, control. Provisions are recognised for those grants wherè ther8 is uncertainty as to the timing or amount, and any unc8rtainty 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 registered for value added tax. Basis of consolidation The consolidated accounts have been prepared to include the results of the subsidiary on a line by line basis except that the incoming resources and resources expended have been consolidated as a single line entry, as the results of the subsidiary are not material to the group as a whole. 25
Merseyslde Youth Assoclatlon Llmlted (Llmlted by Guarantee) Notes to the Financial Statements for the year ended 31st March 2025 (cont.) Unrestricted Funds Restricted Fund8 TOTAL FUNDS 2025 2024 Donations and legacies Donatlons 4,196 2,734 Other trading activities Hire of facilities Insurance rgcharges Fundraising 8vents 174,248 24,232 44,873 219,121 24,232 180,514 22,420 203 628 252 232 202,934 Income from Investments Interest on cash deposils Dividend income 624 7,625 8,249 624 7,625 8,249 126 7,656 7,782 6 Income from charitable activities Grants.. Alder Hey- NHS Trust Badmlnton England Big Lottery Fund Brighter Sounds Department for Work and Penslons Duke of Edlnburgh Award European Social Fund Groundwork UK- Tesco Bags of Help Knows18y MBC Liverpool CC- Children's Services Liverpool Leaming Partnership M8rs8yside Police National Lottery Heritage National Youth Agency NCS Trust NHS Cheshire and Merseyside ICB One Knowsley Right to Succeed Sefton CVS Sefton MBC UK Shared Prosperity Fund UK Youth Youth Endowment Fund Youth Federation Limited Youth Futures Foundation Youth Investment Fund Youth Music Programme Income Project sales income EMDR training income Other income 11,500 3,344 60,229 11,500 3,344 60,229 27.072 14,235 25 92,302 107,107 1,453 107,107 1,453 1,162,665 1,046 1,039,626 71,687 1,000 294,127 1,046 1,039,626 71,687 1,000 294,127 1.009,853 97,723 6,000 259,801 3,260 1,600 76,223 324,079 15,894 1,600 76,223 324,079 15,894 27,161 313,150 58,148 3,000 11,990 53,355 202,125 46,400 10,050 47.000 962,604 54.174 2,200 38,848 160.061 1,356,712 28,456 45,464 101,631 7,743 2.000 4,825,858 10,050 47.000 962,604 54,174 2,200 38,848 160.061 1,356,712 28,456 45,464 101,631 7,743 34,803 884,022 213,082 20,111 45,414 120,272 29.079 14,378 4,749,426 1,204 1,204 4.827 062 26
Merseyside Youth Association Limited (Limited by Guarantee) Notes to the Financlal Statements for the year ended 31$t March 2025 (cont.) Unrestricted Funds Restricted Funds TOTAL FUNDS 2025 2024 7 Expendlture on ralsing funds Fundraising costs Investment management costs 5,364 4,646 5,364 4,646 216 4,273 10,010 10,010 4,489 8 Expenditure on charitable activities Wages and salaries 281,534 staff pension costs 7,135 Agency costs 7,358 Compensatlon for loss of offlce 4,000 Redundancy costs staff Iraininglheallh & safety staff fitness and wellbeing Charity building costs R8nt & Rates Servlce charges Insurance Light and heat Cleaning and laundry R8pairs and maintenance Accountancy Advertising Auditors, remun8ration Bad debts ank charges Computer costs Consultancy fees EMDR training costs ESF indirect overhead ESF procured s8rvic8S Equlpment and resources External supervisionlsupport Fees and subscription5 Foodbank costs Hire of equipment Inter8St paid IT support charges Lègal and professlonal costs Marketing and communication NOW Festival Printing, postage & Stationery Programme expanses Project start uplrecruitment Support serviceslother charges Talent Match costs- Programme expenses clknd 2,043,304 48,008 34,420 2,324,838 55,143 41,778 4,000 6,945 14,834 3,490 2,660,017 62,959 63,556 6,945 24,770 1,400 41,845 22,102 361 (9,936) 2,090 (6,458) 94,369 40,050 62,253 80,146 15,432 7,834 9,600 475 87,911 40,050 103,570 111,346 43,508 76,123 70,681 475 20,800 51 7,475 74,974 20,640 34,158 72,639 38,050 104,654 109,708 55,637 64,534 78,329 41,317 31,200 28,076 68,289 61,081 20,800 11 7,475 31,213 336 18,000 1,399 10,084 68,881 14,573 58,795 40 43,761 20,304 34,158 79,898 44,908 17,463 3,145 7,567 1,530 6,426 (79,898) 44,908 23,788 5,841 9,395 1,530 14,011 4,274 125,073 44,248 7,299 9,512 1,636 14,739 19,995 6,325 2,696 1,828 7,585 4.274 {33,564) 20.420 2,217 33,564 2,584 28,526 23,362 12,798 191,315 3,498 189,466 23,004 30,743 23,362 18,241 177,125 35,873 48,256 12,917 17,422 200,201 5,443 (14,190) (3,498) (189,466) 361,514 3,574,833 361514 3,880,526 770.070 4,851.364 305,693 27
Mer8eyslde Youth Association Limited (Limited by Guarantee) Notes to the Financial Statements for th8 year ended 316t March 2025 (cont.) Unr88trlcted Funds Reslrlcted Funds TOTAL FUNDS 2025 2024 Charltabla activities (cont.) bthd 305,693 34,535 443 3,574,833 47,559 12,744 966 11,976 3,880,526 82,094 13,187 966 4,851,364 83,883 18,529 1,174 Teléphone Travel and molor 8xpenses Vehicle expenses Youth Hub administration fee Depreciation Sundrie8 (11,976) 86,296 86,296 9,506 4 072,575 75,088 12,175 5,042,213 420,639 3,651,936 9 Net (expendlture)/lncome 2025 2024 Net (expenditurellincome is stated aft8r charging: Depreclatlon of tangible flxed assets Slaff costs (s88 note 10} Accountancy Auditors, Remuneratlon 86,296 2,379,981 70,681 20,800 75,088 2,722,977 78.329 18,000 The auditorfs r8muneration of £20,800 (2024: £18,000) relates solely to the audit. 10 Staff Costs 2025 2024 Wag8s and Salaries Social Securily Costs Pension Costs 2,128,068 196,770 55,143 2 379 981 2,434,405 225.612 62,960 2 722,977 The average number of full-lime equlvalent employ88s (including casual and part-time staff) employed by the company during the y8ar was as follows: 2025 2024 Administration Flnance Projects, activities and sessions 57 68 68 79 Remuneralion axceeding £60,000, including pension contributlons. wa5 paid to staff as below.. Number Number From £60,001- £70,000 From £70,001- £80,000 The trustees received no remuneration <2024.. £Nil) during the year. A total of £527 (2024: £517) was paid by the company for Trustee Indemnity Insurance during the year. There were no other disclosable transactions in respect cf trustees or persons closely connected with them. 28
Merseyside Youth Assoclatlon Llrnlted (Limited by Guarantee) Notes to the Financial Statements for the year 6nded 31st March 2025 (cont.) 11 Pensions The company operates a defined contrlbutlon scheme in respect of employees, operat8d through the National Employment Savings Trust ("NEST ), the Scheme established by the government to ensure that employers have access to a high-quality Workpla pension scheme. The pension schem8 Charge represents contributions paid by, and due from, tha cornpany amounting to £55.143 (2024: £62,960). 12 Tangible Fixed Assets Freehold land & buildings Flxtures Leasahold fittings & property equipment vehlcles Motor Buildings work in progress Total COST OR VALUATION At 1st Aprll 2024 Additions Transfers 12,000 2,856,420 1,233,725 183,677 99,383 10,795 183,677 3,162,275 1,233,725 (183,677) At 31st March, 2025 12,000 4,273 822 99,383 10,795 4,396 000 DEPRECIATION At 1 st April 2024 Charge for the yesr 8,880 240 1,132,287 76,404 56,046 7,839 3.542 1,813 1,200,755 86.296 At 31st March, 2025 1208 691 5,355 1,287,051 NET BOOKVALUE At 31st March, 2025 3 065 131 35,498 5,440 3,108 949 At 31st March, 2024 3,120 1,724.133 43,337 7,253 183.677 1,961,520 The freehold and leasehold buildings consist of various youth club premises throughout Merseyslde (which are held on behalf of those clubs) and the company's head office building in Liverpool, The fixtures and fittings consist of the telephone system, various chairsltables and computer equipment, Certain of the buildings ar6 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 Kirby {Chartered Surveyors). The company's long term leasehold land and buildings were similarly revalued by the directors in 1987. A long term leasehold property which was purchased in 1987 via a 1 OOe/o grant, was revalued in 1997 by the directors. 29
Merseyside Youth Association Limited (Limited by Guarantee) Notes to the Flnanclal Statements for the year ended 31st March 2025 (cont.) 13 Investment assets 2025 2024 Investment in subsidiary undertakings Listed investments Cash h61d by Inv&stment managers Accrued incom8 du8 307,546 3,343 137 311,031 835,017 1,146,048 296,520 9,412 305,946 833 188 1,139,134 Investment property The Investment property has been valued based on dlscounted cashflows from rental income over the duration of the currgnt lease. Th8 discount factor used is CPI at the year 8nd date. Investment in subsidiary undertakings.. 2025 2024 Cost Al 1 April 2024 and 31 March 2025 The Investments held al the year end, and the percentage shareheldlng, are as follows: 2024 2023 Name Com an MYA Youth Limiled 4745797 Incor orated in England & Wales MYA Youth Limilad was made dormant as at 31 March 2025. 10010 100/0 Listed investments and cash.. Change In market value Opening valua Closing value Purchases Disposals Llsted Investments Cash Accw8d income 296,520 9,412 113,585 1104,346) 1,787 307,546 3,343 137 311,026 305,941 30
Merseyside Youth Association Limited (Limited by Guarantee) Notes to the Financlal Statements for the year ended 31st March 2025 (cont.) 14 Debtors 2025 2024 Trade debtors Prepayments and accrued income Othgr debtors 451,330 169,235 2,034 622,599 332,452 281,639 5,153 619,244 15 Credltors.. Amounts falllng due wlthln one year 2025 2024 Bank ov8rdraft Trade credltors Bank loan Accruals and deferred income Taxation and social security other creditors 190,386 93.400 24.858 252,520 48.779 142,636 40,018 326,777 51,660 15,070 576,161 625,593 The bank borrowings from HSBC plc are Secured by a firsl18gal charge dat8d 7th January 2002, over the company's long leasehold property (Abney Building), and a debenture (including a fixed charge) dated 29th September 2000 over the companls present freehold and leasehold properties, a first legal charg8 over the book and other debtors, Chattels, goodwlll and uncalled capltal both present & future, and a first floating charge over all the assets of th8 undertaking both pr8S8nt and future, The bank loan is payable over 10 years at an interest rate of 2.29Ya over th8 Bank of England Base Rate. Deferred income represents monies received on fund5, for which the approprfate expenditure will be incurred at a date after the year end. 16 Creditors.. amounts falling due after one year 2025 2024 Bank loan 31
Merseyslde Youth Assoclatlon Llmlted (Limited by Guarantee) Notes to the Financial Statements for the year ended 31 March 2025 (cont.) 17 Analysis of Net Assets by Fund Unrestricted Funds Restrlcted Funds Total Fixed Assets Current Assets Curr8nt Liabilities Fund Balance 4,254,997 617,476 653,847 4.218,626 4,254,997 633,135 625,593 4,262,539 15,659 28,254 43,913 18 Movement on funds At 1st April, 2024 At 31st March 2025 Incom8 (Inc galns) Expendlture Transfers Unrestricted fun General Fund 981.810 41.883 1770.508) 73,516 926,701 Desi nated unrestricted ital reserves Headquarters MYA Know MYA The Dam MYA SPACE Project Gordon Youth Centre MYA YIF (Capitsl} starting Point 635,560 12,767 7.253 36,965 14,676 183,677 1,070 620 1,961,518 (27,079) {1,601) (1,813) (12,863) {688) 23,320 631,801 11,166 5,440 1,413,036 19,138 1,388,934 5,150 1183,677) 42,252 86.296 1028,368 3 108.949 1233 727 Desi nated unr MYA Foodbank MYA Choices Knowsl8y MYA Know MYA MVP MYA Noise MYA Raise MYA SPACE Project MYA YOU Gordon Youth Centre 4,942 1425) 4.517 32,193 6,787 (31,516) (8,300) 9,170 166,580) 19,460 2,058 5,150 79.283 677 487 9,170 146,092 19,460 2,558 15 182,976 212,672 500 55,999 55,999 50,834 50,834 257,094 Total unrestricted funds 3,200,422 697,882 907,638 1,227 960 4218626 32
Merseyslde Youth Assoclatlon Llmlted (Limited by Guarantee) Notes to the Financlal Statements for the y6ar ènded 31st March 2025 (cont.) 18 Movement on funds (cont.) At1st Aprll. 2024 At 318t March 2025 Income {inc gains} Exp8nditure Transfers R strict8d funds MYA Choices Knowsley MYA Foodbank MYA Know MYA MVP MYA Navigators MYA NCS Targeted MYA Noise MYA Raise MYA Siobhan Price M8mortal Fund MYA SPACE Prolect MYA Talent Match Youth Futures MYA The Dam MYA YIF (Revenue Fund) MYA YIF (CapFtal Fund} MYA YOU MYA Youth Hub MYA UK Shared Prosperity Fund 254,655 1,105 857,358 100,000 189,342 77,023 42,849 443,168 (258,234) (1,530) (844,211) {106,300) {188.7301 (74.273) (32.2751 {409,7481 3,579 425 (13,1471 6,300 (612) (11,728) 19,170) (33,420) 8.978 1,404 6,816 6,816 168,110 191,035 92,254 160,452 1,196,259 51,687 107,107 963,799 1148,6501 1175,2011 1136,9171 1161,5751 {19,460) 19,859 35,693 44.663 1,123 (1.196,2591 (2,0581 (49,629) 1118,067) 1965,603) 10,960 1,804 Total restrict8d funds 46,613 4,896,203 3,670,943 1,227,960 43,913 Total funds 3 247 035 5,594 085 4 578 581 4 262 539 Name offund Description, nature and purposes of the fund Unrestricted funds General fund Any monios not included in any other fund. Desi nated unrestricted ca ital reserves The following funds were designated to be equal to the amount of the net book value of the fixed assets h6ld in these projects at the year end., Headquarters Gordon Youth Centre MYA Know MYA The Dam MYA SPACE Proiect MYA YIF (Capital) Starting Point This fund was designated to be equal to the amount of the net book value of the fixed assets held in this project at the year end, 6xcluding the value of the assets held within the restricled fund. 33
Merseyside Youth Association Llmlted (Limited by Guarantee) Notes to the Financial Statements for the year ended 31 $1 March 2025 (cont.) 18 Movement on funds (cont.) Name offund Description, nature and purposes of the fund Desi nated unrestricted funds The following funds were designated by the trustees following the success of the projects to allocate additional resourc6s to enab18 further related work to be performed in future periods: MYA Foodbank MYA Know MYA MVP MYA Noise MYA Ralse MYA SPACE MYA YOU Gordon Youth Centre This is a leas8hold 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 delivery of personalised pathways to education and employment for young people. There are also tenants located at the tre including a pharmacy who have a licence to operate in the designated area to serve the local community. Income from t8nancies is used to finance the operallng and malntenance costs of the building. Restricted funds MYA Choices Knowsley Choices Knowsley is a Knowsley Metropolitan Borough Council ftjnded 'Short Breaks, service for disabled childrenlyoung people and their families. The main purpos8 of a short break is to give parents or carers of a child or young person with a disability the opportunity to have a break from th8ir caring role. Provision Is available for disabled children and young people aged 4-19 and currently residing in Knowsley. MYA Know Funded through Knowsley MBC, this project supports young people in the Borough to ensure they reach their potential; overcome barriers they face and achiev8 the outcomes and goals they set themselves. The project works in a variety of ways. including 1-1, small group work, coaching, Detached Youth Worl( etc., The project team also contribute to Boroughwide activities and events for young people. The majority of services are delivered from MYA'S 'Our Place, venue located in Longview, Huyton and The Dam at Lord Derby's Estate in Knowsley. 34
Merseyslde Youth Assoclatlon Llmlted (Limited by Guarantee) Notes to the Financial Statements for the year ended 31 $t March 2025 (cont.) Restricted funds MYA MVP continued The Mentors in Violence Prevention Project (MVP} is a mentoring project for secondary schools across Merseyside. The Mental Health Youth workers will deliver training to school bas8d staff and young people to be mentors in the program which delivers a range of 22 youth based issues underpinned by mental health and resilience. The youth themes they will cover are in the rang8 of substance use, coercive control, homophobia and racism and the mentors will deliver to mentees who are younger students. This supports youth leadership and has got some great outcomes as it personally develops all concerned. MYA Navigators The Navigators project Is youth workers wlthln a hospital setting working alongside young p80ple who are involved in vi018nt activity as either victim, sU1VOr or perpetrator which in the main means hospital treatment. The staff will work alongside th6 young person to support them at this tlme and help them consider the outcomes they want out of life and help them navigate their way to finding those outcomes. MYA NCS Targeted Funded by NCS (National Citizens Service), thisproject provides an opportunity for young people to gain life skills, employability skills and develop their own social action project. MYA Noise The project aims to aid the personal and soGial development of young people through music, to provlde a safe and frlendly envlronment for young people to explore their musical talents and to build musical, personal and transferrable work-based skills. MYA Ralse Thls project delivers mental health awareness training to all professionals working with children and young people. Siobhan Price Memorial Fund This a small fund established in memory of Siobhan Price who was a Social Worker with Knowsley Metropolitan Borough Council. She had a passion for making a difference for young people and was an avid.outdoor pursuit enthusiast. Following her sudden and unexpected passing at a very young age, family and colleagues of Siobhan raised a sum of money and approached MYA to hold the money and use it to provide opportunities for young people to engage in the activities that Siobhan loved such as paddleboarding. SPACE Project Youth Arts venue, with 200-seater theatre space, rehearsal space, recording studio and editing equipment. Art-based workshops are on offer and facilities are available for hire. 35
Merseyside Youth Association Limited (Limited by Guarantee) Notes to the Flnanclal Statements for tha yaar ondad 31st March 2025 {cont.) Restricted funds contlnued Talent Match - Youth Funded by Youth Futures Foundation who are a ,hat works" funder. Thls Futures programm8 SUPPOrts young people who have been out of training, education or work for 12 months or more. This project works with young people aged 15-29 providing intensive mentoring and bespoke wraparound support to enable them to achleve their goals. Evaluated by King's College London, this programme aims to provide an evidence base on 'what works" to address youth unemployment in order to influence future unemployment strategies. MYA UK Shared Prosperity Fund This is a central pillar of the UK government's Levelling Up agenda and a significant component of its support for places across the UK. Under the People and Skills Priority, Liverpool City Region Combined Authority commissloned a number of community-led employment projects to work wilh economically inactive and socially excluded people to offer a rang8 of personalised support to move them closer to employment. MYA YOU The YOU Project funded through Liverpool City Council, is a citywide, strategic approach to providing services for disabled children and young people as well as their families, MYA Youth Hub Funded through the DWP this service offers a wide range of in-person support to help young people into education. training, and employment across the Liverpool City region. As well as a comprehensiv8 on-line service offering 6V8nts, car68rs Information, advice and guidance, young people can access the Youth Hub which is located within our Hanover Street premis@s. MYA Youth Investment Fund (Revenue & Capital) The Youth Investment Fund is funded by thg UK government to create, expand and improve local youth facilities and their ServIS in the out of school youth seclor, to drive positive outcomes for young people. It is used to improve tho health and wellbelng of young people, equip them with skills for work and life and empower them to become active members of their community and society. 19 Transfers between funds Eleven (2024: twelve) projects had incurred surpluses, including their brought forward reserves; other than for the three projects whose reseNes have been restricted, the relevant funders have no intention of seeking rgpayment of thes8 amounts. In respect of fixed asset additions in the year, £1,205,257 (2024., £183,677) has been transferred from restricted reserves to designated capital reserves. In addition, £23,320 was transferred from general unrestricted funds to designated capital reserves in respect of fixed asset additions. 36
Merseyside Youth Association Limited (Limited by Guarantee> Notes to the Flnanclal Statements for the year ended 318t March 2025 (cont.) 19 Transfers between funds (Gontinued) The most significant net transfers from designated unr8Stricted funds in the year are as below: £31,516 was transferred from designated unrestricted funds to restricted funds to support a related project that had incurred a deflclt In the year. £100,000 (2024,. £Nil) was transferred from designated unrestricted funds to the general unrestricted fund in respect of on8 project with a carried forward surplus. there was also a transfer of £33,420 from restricted funds to designated unrestricted funds in respect of the same project, as a result of a surplus in-year. The most significant net transf6rs from restricted funds in the year represent.. As referred to above, £31,516 was transferred frorn designated unrestricted funds to r65trlcted funds to support a related project Ihat had incurred a deficit in the year. A further £13,147, repres8nting the surplus for the year, was transferred from the restricted funds of the same project, to support that related proj8Ct that had incurred a deficit. The overall transfer to support the project was th8r8for8 £44,663. The two projects are very much linked, but are retained as different departments for monitoring purposes. Also as referenced above, there was a transfer of £33,420 from restricted funds to designated unrestricted funds in respect of the a project, as a result of a surplus in-year. In addition. £1,196,259 was transferred from restricted funds to designated unrestricted capital reserves, as a capital project was completed In the year. 20 Taxation As a charity, Merseyside Youth Association Limil8d is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity. 21 Contlngent Ilabllltles The comp8ny had the following contingent liabilities at 31. March, 2025.. A potential liability exists in respect of the Skills Capital Fund monies received during previous financial years. It is a condition of that funding that the charity shall not dispos6 of or chang8 the use of any such capital assets thus funded. This condition relates to £622,656 of funds received and remains in plac9 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. A potential liability exists in respect of the Social Investment Business Foundation ("SIBF') monies of £1,367,252 received in respect of the current and previous financial years for the capital improvement of the property held under a lease at Seaview Road. A charge was registered on 15 December 2023 prohibiting any disposition of the land at Seaview Road, occupied by MYA SPACE, without the written consent of SIBF. This condition MaInS in place for 15 years from 13 October 2023, until 12 October 2038. 37
Merseyside Youth Association Limited (Limited by Guarantee) Notes to the Flnancial Statements for the year ended 31 St March 2025 (cont.) 22 Financial commitments The company had commitments under non-cancellable op8rating18ases at 31, March, 2025 as follows: Land and Buildings 2025 2024 Other 2025 2024 Total future payments, falling due: Within one year Between one and five years 31,365 27,015 58.380 45,475 58,214 103,689 23 Capital commitments At 31° March, 2025, capital commitments authorised by the directors bul not contracted for amounted lo £Nil (2024.. £Nil) and capital commitments authorised and contracted for amounted to £Nil(2024.' £1,243,543). 24 Cash generated by operating activitl8S 2025 2024 Net income for the year Adjustments for,. Intest and dividends receivable Depreciation Nel gains on investments Interest payable Operating cash flow before movemonts in worklng capital (Increase)Idecrease in debtors (Decrease>lincrease in creditors 1,015,504 210,568 (8,249) 86.296 13,616) (7,782) 75,U88 {286,484} 19,995 1,094,209 (3,483) 125 794 964,932 11,385 394,155 454,595 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 seNed within the previous e1ve months) is limited to a conlribution of £1 towards the cost of dissolution and the liabilities inGurred by the charity while the contributor was a member. 26 Related party transactlons During the year, the Charity received a donation of £1,000 frorn Mason Owen Financial Services Limited, a company in respect of which A. Gibbons is a éirector. In support of the fundraising dlnner held during the year, tables costlng £400 and £800 were purchased by Mason Owen Financial SeNices Limited and Remstone Property Management Limited respectively. R.T Dears Is a director of Remstone Conslruction Limited. There were no amounts due to, or from, these companies at the year end date {2024: £Nil). 38