CHORLEY YOUTH ZONE

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

McMillan & Co LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“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 significant doubt on the charitable company'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.”

Significant events

• “The focus during the 2024/25 financial year has continued to be an incremental return to 'business as usual' following several years of significant disruption. As expected, we have seen the knock-on impact of the pandemic and subsequent cost of living crisis, continuing to affect children, young people and their families. Social, emotional and physical development continues to be affected, impacting confidence, achievement, health and resilience. Increasing cost of living and food prices continues to affect our poorest families, causing food poverty and again, knock on health issues.”
• “Fiscal uncertainty, the continuing impact of Brexit, rising interest rates and political uncertainty has made fundraising difficult over the last 12 months especially when such a large proportion of income comes from local private sector businesses.”
• “Investments have not performed as well as hoped, but the Board continues to keep this, and the investment strategy, under constant review with the aim of maximising the return on this investment for the long-term security of the charity.”
• “Over the past year, we have worked hard to raise Inspire Youth Zone's profile and cement our position as a flagship local charity. Our team and young people have attended a wide range of community events from the Chorley Flower Show and Adlington Carnival to school fairs and local celebrations - meeting new people, sharing our mission, and inspiring others to get involved.”
• “A key achievement has been the growth of our Community Ambassadors programme. These young people have represented us not just at a local level, but at a national level too. They confidently attend events, speaking first-hand about how Inspire has impacted their lives, encouraging others to join, and demonstrating the real value of supporting us.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.