Company registration number 14613939 (England and Wales)
Charity registration number 1204227 (England and Wales)
CREWE YOUTH ZONE LTD
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
CREWE YOUTH ZONE LTD
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
G Ramsbottom
V J Haworth
J I S O'Doherty
J S Warren
C L Williamson
D M Ashwell
(Appointed 28 June 2024)
N L Heath
(Appointed 28 June 2024)
D M Smith
(Appointed 28 June 2024)
Senior Management Team
Stuart Manifould
Chief Executive
Country of incorporation
United Kingdom
14613939
(England and Wales)
Charity registration
England and Wales
1204227
Principal address
Suite Ge
Atria
Spa Road
Bolton
BL1 4AG
Registered office
Suite Ge
Atria
Spa Road
Bolton
BL1 4AG
Auditor
DonnellyBentley Ltd
Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY
CREWE YOUTH ZONE LTD
CONTENTS
Page
Trustee's report
1 - 6
Independent auditor's report
7 - 9
Statement of financial activities
10
Balance sheet
11
Statement of cash flows
12
Notes to the financial statements
13 - 22
CREWE YOUTH ZONE LTD
TRUSTEE'S REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
- 1 -

The Trustees, who are also Directors of the company, present their Directors' report for the purposes of section 41 5 of the Companies Act 2006 and Trustees' Annual Report for the purposes of section 162 of the Charities Act 2011 together with the Financial Statements of the Charity for the period ending 31 March 202 5.
Crewe Youth Zone Ltd was incorporated on 24 January 2023 (Company registration number: 14613939) as a company limited by guarantee and registered as a Charity on 7 August 2023 (Charity registration number: 1204227).

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)".

Who we are
Crewe Youth Zone, recently named by young people as ‘The Dome', will be a purpose built facility for the town’s young people aged 8 – 19, and up to 25 for those with additional needs.

The Youth Zone will be located on the Oak Street Car Park to the south of the town centre, and is expected to be completed in 202 6/2 7. It is core component of a wider development funded by Crewe Towns Fund which sees the development of several sites across the town. The Towns Fund programme focuses on town centre regeneration, culture and heritage, community spaces and connected places. The programme will achieve a range of benefits including substantial regeneration of the Flag Lane Community Hub, the extension of Cumberland Arena and the Mill Street Corridor which will see a significantly improved cycling and pedestrian route along the road.

Crewe Youth Zone will join a network of similar independent youth organisations that all share the same principles, developed by the Charity OnSide Youth Zones, which is building 21st century youth facilities across the UK. Youth Zones are based upon a proven model, which has been established in several other towns and cities across the country, and young people from Crewe will have access to a variety of fantastic activities for a cost of only £5 for an annual membership and 50p per visit. The Youth Zone will provide a safe environment, where young people can spend their leisure time, helping each young person to raise their aspirations, as well as improve their physical and mental health. Up to 20 different activities will take place each night, such as football, boxing, dancing, climbing, creative arts, music, drama and employability training – all for just 50p per visit.

The OnSide Youth Zone model uses a unique partnership approach; drawing together the Local Authority, private sector businesses, young people and the wider local community. This partnership approach aims to establish the Youth Zone right in the heart of the community for the long term, whilst meeting the needs of young people today. Preparation for Crewe Youth Zone has been taking place for a number of years, with all the capital funding in place to develop this amazing new facility, and an active revenue fundraising campaign underway that will provide the necessary funds required to operate the Youth Zone for the first three years. Following the end of the financial period, site preparations are underway, and we look forward to construction works progressing in 202 5/20 2 6. Expectations are for an official opening taking place in 2026 when Crewe’s young people can begin to benefit from their amazing new Youth Zone.

Objective and activities
Crewe Youth Zone's objects are to help and educate children and young people resident in Crewe and surrounding areas through their leisure time activities by promoting their full physical and spiritual potential in order that they may grow to full maturity as individuals and members of society and their conditions of life may improve.

CREWE YOUTH ZONE LTD
TRUSTEE'S REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -

Public benefit
All the activities of the Charity (as summarised above) were undertaken to further its charitable purposes for public benefit. The provision of a high-quality town centre facility for young people responds to a clear, ongoing demand from young people, parents and wider communities for more and better places for young people to go. Providing a service to all young people, Crewe Youth Zone will focus on attendance and participation by young members across the entire community who will be able to enjoy affordable access to all the opportunities that the facilities will provide. This will lead to improved achievements and enhanced aspirations amongst young members of the local community. They will be happier, healthier and make more constructive use of their leisure time which consequently will help reduce nuisance and antisocial behaviour. Longer term public benefits will include improved health, reduced crime, enhanced learning and employability and greater community cohesion.

The Trustees of Crewe Youth Zone believe they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission.

Volunteers

Throughout the period all members of the Board of Trustees made invaluable voluntary contributions to the Charity’s work in terms of governance, professional and business experience, financial planning, fundraising and leading initiatives across the project. Such contributions were, on average, equivalent to two full days each calendar month.

Achievements during the period
We are indebted to the capital funders who have committed to support the Youth Zone. Cheshire East Council, Crewe Towns Fund and the Government’s Youth Investment Fund have committed their support to the capital project along with strategic funders the Garfield Weston Foundation and BP International Ltd; together these funders have provided all of the finances needed for the construction and fit out of the facility, provide all the remaining capital funding required and have been instrumental in driving the project forward. Cheshire East Council, Crewe Towns Fund, the Youth Investment Fund have also pledged revenue support during the pre-opening phase and early years of the Youth Zone’s operation.

The Founder Patron campaign, which provides a significant proportion of the operating revenue for the Youth Zone, aims to secure a total of £3.4m to support the first three years of running costs of the Youth Zone; this will come from a combination of supporters at Founder Patron (£100k) and Cornerstone Patron (£400k) levels. We are pleased to report that we have already confirmed pledges of support from Julia and Hans Rausing Trust, UK Fuels Limited, Bentley Motors Limited, Morning Foods Limited, NWF Group plc and AO Smile Foundation.

In the lead up to incorporation and throughout 2024/2025, the Charity’s Trustees and partners have worked tirelessly to ensure the project remains on course despite delays experienced. We are grateful for the resolute support of all the Youth Zone’s funders, supporters and champions who have remained committed to our work with young people.

Crewe Youth Zone enjoys the support of OnSide Youth Zones (charity number 1125893) in its development and will become a member of the growing OnSide network of Youth Zones.

Financial review

A summary of the results is shown below:

£

Incoming resources 2,990,237

Outgoing resources (728,663)
Net incoming resources 2,261,604
The Charity is still in its early life with grants and donations being received to fund the design and construction of the Youth Zone. The Charity continues to cultivate further donations to support future revenue expenses from a variety of sources as outlined above (see “achievements in the period”).

The Charity had total reserves of £3,051,228 at 31 March 2025.

CREWE YOUTH ZONE LTD
TRUSTEE'S REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
Reserves policy

The Charity has secured the funding to complete the construction of the Youth Zone and the Founder Patron (revenue) campaign is well underway. The Trustees have prepared projections of the operating costs expected once the facility is open. The Board of Trustees of Crewe Youth Zone has established a reserves policy which appropriately reflects the risks to which the Charity is exposed. Once the Youth Zone is operating and in compliance with such policy, it will review regularly both the sum it wishes to hold in reserves in the unrestricted budget and the basis for that figure. The reserves policy does not consider expenditure which is linked to restricted projects and therefore covered by restricted funds.

In reviewing the potential costs that could arise should a significant reduction in income be incurred, the Trustees have determined that unrestricted, ‘free’, reserves should be maintained at approximately 3 months running costs. This is based on the running costs when the Youth Zone is fully operational and is not therefore based on the expenditure in these accounts.

Total reserves at 31 March 2025 were £3,051,228 of which £2,799,961 are restricted reserves and £251,267 are unrestricted reserves.

Principal funding sources

The Directors wish to record their thanks to all those individuals and organisations who have made donations or pledged their support to the work of the Charity; this includes all those listed above plus other anonymous donors.

We cannot overstate the importance of the Founder Patrons who have committed their support to Crewe Youth Zone so far. In particular, as Cornerstone Patrons, the Julia and Hans Rausing Trust has shown incredible enthusiasm and generosity toward the project, and their involvement will only add to the credibility of our work, helping to draw further support from the local business and philanthropic community.

Investment activities
Under the memorandum and articles of association, the charitable company has the power to make any investment which the Trustees see fit. Investments are made where required to further the aims and objects of the Charity. The Charity does not currently hold any investments other than cash on deposit with Handelsbanken plc.

Plans for future periods

With all parties fully committed to the completion of Crewe Youth Zone, work is continuing to execute the construction of an incredible facility to provide a welcoming, high spec and attractive impression to all visiting young people. As construction progresses, the Youth Zone will look to significantly increase the size of the team employed; with just 3 members of staff currently in place, the Chief Executive will lead on this exercise, creating a large delivery and support team to include both paid staff and volunteers, who will be recruited and inducted ready for opening.

At the same time, the campaign will continue to grow the Youth Zone’s family of Founder Patrons with a target of ensuring that the Youth Zone’s pre-opening and first three years of running costs are fully funded.

Crewe Youth Zone already benefits from a Board of experienced and committed Trustees. To build on this, and in preparation for full operation, the organisation will continue to expand the Board of Directors / Trustees including portfolios for finance, legal, safeguarding, People, etc. who will provide effective governance, oversight and support across the full spectrum of Youth Zone operations and activities.

CREWE YOUTH ZONE LTD
TRUSTEE'S REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
Structure, governance and management

Governing document

Crewe Youth Zone is a company limited by guarantee without share capital and registered under the Companies Act 2006, registration number 14613939. The company is governed by its Memorandum and Articles of Association dated 24 January 2023. Management of the company’s affairs is vested in the co-Directors. It is a Charity registered with the Charity Commission on 07 August 2023.

In the event of a winding up, the present members and those who have ceased to be a member within one year of such an event have guaranteed the liabilities of the company to the sum not exceeding ten pounds each.

The directors/trustees who served during the period are:

G Ramsbottom
V J Haworth
J I S O'Doherty
J S Warren
C L Williamson
D M Ashwell
(Appointed 28 June 2024)
N L Heath
(Appointed 28 June 2024)
D M Smith
(Appointed 28 June 2024)
Recruitment and appointment of trustees

The first Directors were the subscribers to the memorandum as notified to Companies House as the first Directors of the Charity. A person appointed as a Director thereupon becomes a Member of the Charity and a Director who ceases to hold office for any reason thereupon ceases to be a Member of the Charity. Directors have the power to appoint, by ordinary resolution, any person to be a Director who is willing to act as such. New Directors will be recruited according to the needs of the Charity and the suitability of possible candidates. A unanimous approval of existing Directors would lead to their appointment.

The Memorandum and Articles of Association states that the number of members (Directors) shall have no maximum and shall not be less than three. At the first Annual General Meeting all Directors must retire and seek re‑election. At each subsequent Annual General Meeting one third of the Directors are required to retire by rotation and seek re‑appointment if they wish to continue.

The Members of the Charity are its Directors for the time being and the only persons eligible to be Members of the Charity are its Directors.

Full details of the rules are contained in the company’s Memorandum and Articles of Association, dated on incorporation on 24 January 2023, which may be inspected at the Crewe Youth Zone registered office.

A pay review will be conducted annually by the Chief Executive with a proposal being brought to the Nomination & Remuneration Committee. The CEO remains responsible for the proposal of the Organisation’s employees remuneration with oversight from the Committee. The Committee shall be consulted on the CEO’s proposed total planned aggregate employee costs for the next financial year, including the proposed standard annual salary uplift, prior to the setting of the annual budget. A number of scenarios may be presented to the Committee which consider economic conditions, individual performance and the financial security of the Organisation

CREWE YOUTH ZONE LTD
TRUSTEE'S REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
Organisational structure

Crewe Youth Zone is governed by its Trustee Board which is responsible for setting the strategic direction of the organisation and the policy of the Charity. The Trustees carry the ultimate responsibility for the conduct of Crewe Youth Zone and for ensuring that the Charity satisfies its legal and contractual obligations. Trustees meet approximately 5 times a year and may delegate the implementation of their decisions or day‑to‑day operation of the organisation to senior management, any employee of the Charity, person or committee as they see fit. Any committee must include at least one Trustee. The Trustee Board is independent from management.

Decisions are determined by a simple majority of votes. In the case of an equality of votes the Chairman of the meeting has the casting vote.

Risk management
The Trustees have considered the major risks to which the Charity is exposed and have established suitable risk management and control procedures

Related party transactions
Are disclosed in Note 20 to the financial statements.

Statement of trustee's responsibilities

The trustees, who are also the directors of Crewe Youth Zone Ltd for the purpose of company law, are responsible for preparing the Trustee's Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company 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 charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

- select suitable accounting policies and then apply them consistently;

- observe the methods and principles in the Charities SORP;

- make judgements and estimates that are reasonable and prudent;

- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Auditor

In accordance with the company's articles, a resolution proposing that DonnellyBentley Ltd be reappointed as auditor of the company will be put at a General Meeting.

CREWE YOUTH ZONE LTD
TRUSTEE'S REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -
Disclosure of information to auditor

Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

The trustee's r eport was approved by the Board of Trustees.

G Ramsbottom
Trustee
5 November 2025
CREWE YOUTH ZONE LTD
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF CREWE YOUTH ZONE LTD
- 7 -

Opinion

We have audited the financial statements of Crewe Youth Zone Ltd (the ‘charity’) for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

-

give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;

-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-

have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's 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 the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustee's 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 significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve 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 relevant sections of this report.

Other matter

The corresponding figures for the period to 31 March 2024 have not been audited as the charity was exempt from audit. This was because the level of income for the year to 31 March 2024 was below £1 million and therefore an audit was not required by the Charities Act 2011.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

CREWE YOUTH ZONE LTD
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF CREWE YOUTH ZONE LTD
- 8 -

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

-

the information given in the trustee's r eport for the financial year for which the financial statements are prepared, which includes the d irectors' r eport prepared for the purposes of company law, is consistent with the financial statements; and

-

the d irectors' r eport included within the trustee's r eport has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the d irectors' r eport included within the trustee's r eport.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

-

adequate 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 not in agreement with the accounting records and returns; or

-

certain disclosures of trustees' remuneration specified by law are not made; or

-

we have not received all the information and explanations we require for our audit; or

-

the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the trustee's report and from the requirement to prepare a strategic report.

Responsibilities of trustees

As explained more fully in the s tatement of trustee's r esponsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is 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 trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (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 the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to 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:

We obtained an understanding of the legal and regulatory framework applicable to the company and the sector in which it operates and considered the risk of non - compliance with applicable laws or regulations.

We determined that the following laws and regulations were most significant: the Companies Act 2006, the Charities Act 2011, Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial and Reporting Standard applicable to the United Kingdom and Republic of Ireland (FRS102), those that relate to safeguarding and child protection and those that relate to employment law. We designed audit procedures to respond to the risk, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment, for example, forgery or intentional misrepresentations, or through collusion.

CREWE YOUTH ZONE LTD
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF CREWE YOUTH ZONE LTD
- 9 -

We obtained an understanding of how the company is complying with those legal and regulatory frameworks by making enquiries of the management. We corroborated our enquiries through our review of board minutes.

Our tests also included agreeing the financial statements disclosures to underlying supporting documentation. There are inherent limitations in the audit procedures described above and, the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. We did not identify any key audit matters relating to irregularities, including fraud.

We also addressed the risk of management override of internal controls, including testing journals and evaluating whether there was evidence of bias by the management or trustees that represented a risk of material misstatement due to fraud.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of P art 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Catherine Cole (Senior Statutory Auditor)
For and on behalf of DonnellyBentley Ltd, Statutory Auditor
Chartered Accountants
Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY
5 November 2025
CREWE YOUTH ZONE LTD
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2025
- 10 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
Notes
£
£
£
£
£
£
Income from:
Donations and legacies
3
249,820
2,738,940
2,988,760
-
874,577
874,577
Investments
4
1,477
-
1,477
63
-
63
Total income
251,297
2,738,940
2,990,237
63
874,577
874,640
Expenditure on:
Raising funds
5
93
13,653
13,746
-
11,776
11,776
Charitable activities
6
-
714,887
714,887
-
73,240
73,240
Total expenditure
93
728,540
728,633
-
85,016
85,016
Net income and movement in funds
251,204
2,010,400
2,261,604
63
789,561
789,624
Reconciliation of funds:
Fund balances at 1 April 2024
63
789,561
789,624
-
-
-
Fund balances at 31 March 2025
251,267
2,799,961
3,051,228
63
789,561
789,624

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

CREWE YOUTH ZONE LTD
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 11 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
12
2,648,940
787,069
Current assets
Debtors
13
184,063
287,017
Cash at bank and in hand
1,399,204
47,866
1,583,267
334,883
Creditors: amounts falling due within one year
14
(1,180,979)
(332,328)
Net current assets
402,288
2,555
Total assets less current liabilities
3,051,228
789,624
The funds of the charity
Restricted income funds
17
2,799,961
789,561
Unrestricted funds
18
251,267
63
3,051,228
789,624

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies.

The financial statements were approved by the trustees on 5 November 2025
G Ramsbottom
Trustee
CREWE YOUTH ZONE LTD
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
- 12 -
2025
2024
Notes
£
£
£
£
Cash flows from operating activities
Cash generated from operations
21
3,212,673
834,898
Investing activities
Purchase of tangible fixed assets
(1,862,812)
(787,095)
Investment income received
1,477
63
Net cash used in investing activities
(1,861,335)
(787,032)
Net cash generated from financing activities
-
-
Net increase in cash and cash equivalents
1,351,338
47,866
Cash and cash equivalents at beginning of year
47,866
-
Cash and cash equivalents at end of year
1,399,204
47,866
CREWE YOUTH ZONE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 13 -
1
Accounting policies
Charity information

Crewe Youth Zone Ltd is a private company limited by guarantee incorporated in England and Wales. The registered office is Suite Ge, Atria, Spa Road, Bolton, BL1 4AG.

1.1
Reporting period

The financial statements have been prepared for a period of 12 months. The prior year financial statements were prepared for a period of more than 12 months due to incorporation on 24 January 2023 (Company registration number: 14613939) as a company limited by guarantee. The comparative figures and related notes are therefore not entirely comparable.

1.2
Basis of preparation

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.3
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.4
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.5
Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
CREWE YOUTH ZONE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 14 -
1.6
Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.7
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer equipment
33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.8
Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.9
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.10
Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

CREWE YOUTH ZONE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 15 -
Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.11
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Income from donations and legacies
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
£
£
£
£
£
£
Donations and gifts
249,820
-
249,820
-
-
-
Government grants
-
2,738,940
2,738,940
-
874,577
874,577
249,820
2,738,940
2,988,760
-
874,577
874,577
CREWE YOUTH ZONE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 16 -
4
Income from investments
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Bank interest received
1,477
63
5
Expenditure on raising funds
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
£
£
£
£
£
£
Fundraising and publicity
Staging fundraising events
-
5,184
5,184
-
-
-
Film production
-
6,000
6,000
-
-
-
Professional fees
-
-
-
-
8,944
8,944
Trips and minibus hire
93
2,469
2,562
-
2,832
2,832
93
13,653
13,746
-
11,776
11,776
6
Expenditure on charitable activities
Charitable activities
Charitable activities
2025
2024
£
£
Direct costs
Share of support and governance costs (see note 7)
Support
714,887
73,240
Analysis by fund
Restricted funds
714,887
73,240
CREWE YOUTH ZONE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 17 -
7
Support costs allocated to activities
2025
2024
£
£
Staff costs
109,570
8,096
Depreciation
941
26
Telephone
419
173
Computer costs
5,062
761
Brand design
-
9,000
Insurance
1,121
567
Other staff costs
7,938
858
Other costs
2,887
684
OnSide capital project fees
514,045
36,000
Accountancy fees
6,292
3,080
Recruitment costs
9,600
11,775
Marketing & research
54,492
-
Governance costs
2,520
2,220
714,887
73,240
Analysed between:
Charitable activities
714,887
73,240
8
Net movement in funds
2025
2024
£
£
The net movement in funds is stated after charging/(crediting):
Fees payable for the audit of the charity's financial statements
8,100
-
Depreciation of owned tangible fixed assets
941
26
9
Trustees

None of the trustees received any remuneration or had expenses reimbursed by the charity during the year. (2024 £nil).

10
Employees

The average monthly number of employees during the year was:

2025
2024
Number
Number
Administration
2
2
CREWE YOUTH ZONE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
10
Employees
(Continued)
- 18 -
Employment costs
2025
2024
£
£
Wages and salaries
100,506
7,906
Social security costs
6,783
-
Other pension costs
2,281
190
109,570
8,096

Key management personnel is considered to be the Chief Executive. The total amount of employee benefits paid to the key management personnel for the period was £6 8,644 (2024: £3,923).

The number of employees whose annual remuneration was more than £60,000 is as follows:
2025
2024
Number
Number
£60,001 to £70,000
1
-
11
Taxation

The charity is exempt from tax ation on its activities because all its income is applied for charitable purposes.

12
Tangible fixed assets
Crewe Youth Zone - building under construction
Computer equipment
Total
£
£
£
Cost
At 1 April 2024
784,702
2,393
787,095
Additions
1,857,354
5,458
1,862,812
At 31 March 2025
2,642,056
7,851
2,649,907
Depreciation and impairment
At 1 April 2024
-
26
26
Depreciation charged in the year
-
941
941
At 31 March 2025
-
967
967
Carrying amount
At 31 March 2025
2,642,056
6,884
2,648,940
At 31 March 2024
784,702
2,367
787,069
CREWE YOUTH ZONE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 19 -
13
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
152,592
286,808
Prepayments and accrued income
31,471
209
184,063
287,017
14
Creditors: amounts falling due within one year
2025
2024
Notes
£
£
Other taxation and social security
6,994
1,524
Deferred income
15
490,605
262,035
Trade creditors
658,001
58,713
Other creditors
20,015
4,756
Accruals
5,364
5,300
1,180,979
332,328
15
Deferred income
2025
2024
£
£
Arising from Deferred income
490,605
262,035

Deferred income is included in the financial statements as follows:

2025
2024
£
£
Deferred income is included within:
Current liabilities
490,605
262,035
Movements in the year:
Deferred income at 1 April 2024
262,035
-
Resources deferred in the year
228,570
262,035
Deferred income at 31 March 2025
490,605
262,035
16
Retirement benefit schemes
2025
2024
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
2,281
190
CREWE YOUTH ZONE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
16
Retirement benefit schemes
(Continued)
- 20 -

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

17
Restricted funds

The restricted funds of the charity compri se the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be use d.

At 1 April 2024
Incoming resources
Resources expended
At 31 March 2025
£
£
£
£
-
-
-
-
Youth Investment Fund –
revenue grant
1,657
726,937
(728,540)
54
Youth Investment Fund –
capital grant
392,904
1,862,003
-
2,254,907
Cheshire East Capital - capital grant
395,000
150,000
-
545,000
789,561
2,738,940
(728,540)
2,799,961
Previous Period:
At 1 April 2023
Incoming resources
Resources expended
At 31 March 2024
£
£
£
£
Youth Investment Fund –
revenue grant
-
86,673
(85,016)
1,657
Youth Investment Fund –
capital grant
-
392,904
-
392,904
Cheshire East Counil - capital grant
-
395,000
-
395,000
-
874,577
(85,016)
789,561

The restricted funds relate to monies received to fund the initial construction and fitting out of the building and the operating costs of Crewe Youth Zone. The Youth Investment Fund capital grant and Local Government grant relate to the construction of the Youth Zone.

18
Unrestricted funds

The unrestricted funds of the charity compri se the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be use d. The se include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April 2024
Incoming resources
Resources expended
At 31 March 2025
£
£
£
£
General funds
63
251,297
(93)
251,267
CREWE YOUTH ZONE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
18
Unrestricted funds
(Continued)
- 21 -
Previous Period:
At 1 April 2023
Incoming resources
Resources expended
At 31 March 2024
£
£
£
£
General funds
-
63
-
63
19
Analysis of net assets between funds
Unrestricted
Restricted
Total
funds
funds
2025
2025
2025
£
£
£
At 31 March 2025:
Tangible assets
-
2,648,940
2,648,940
Current assets/(liabilities)
251,267
151,021
402,288
251,267
2,799,961
3,051,228
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
£
£
£
At 31 March 2024:
Tangible assets
-
787,069
787,069
Current assets/(liabilities)
63
2,492
2,555
63
789,561
789,624
20
Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

CREWE YOUTH ZONE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 22 -
21
Cash generated from operations
2025
2024
£
£
Surplus for the year
2,261,604
789,624
Adjustments for:
Investment income recognised in statement of financial activities
(1,477)
(63)
Depreciation and impairment of tangible fixed assets
941
26
Movements in working capital:
Decrease/(increase) in debtors
102,954
(287,017)
Increase in creditors
620,081
70,293
Increase in deferred income
228,570
262,035
Cash generated from operations
3,212,673
834,898
22
Analysis of changes in net funds

The charity had no material debt during the year.

2025-03-31 2024-04-01 false false CCH Software iXBRL Review & Tag 2025.2 14613939 2024-04-01 2025-03-31 14613939 bus:Director1 2024-04-01 2025-03-31 14613939 bus:Director2 2024-04-01 2025-03-31 14613939 bus:Director3 2024-04-01 2025-03-31 14613939 bus:Director4 2024-04-01 2025-03-31 14613939 bus:Director5 2024-04-01 2025-03-31 14613939 bus:Director6 2024-04-01 2025-03-31 14613939 bus:Director7 2024-04-01 2025-03-31 14613939 bus:Director8 2024-04-01 2025-03-31 14613939 2025-03-31 14613939 2024-03-31 14613939 2023-01-24 2024-03-31 14613939 bus:FRS102 2024-04-01 2025-03-31 14613939 bus:Audited 2024-04-01 2025-03-31 14613939 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP