WOLVERHAMPTON 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. About these numbers

Margins divide P&L lines by turnover. 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

Lancaster Haskins Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees have reviewed the ability of the Charity to continue to operate as a going concern, considering the impact of inflation and other external environmental pressures in this review. After careful analysis of the Charity's income, expenditure and unrestricted reserves, the Trustees are confident in the Charity's ability to continue as a going concern.”

Significant events

• “2024-25 marked a period of renewal at The Way, with the appointment of our new Chief Executive, Paul Snape, who brings both grassroots and executive-level leadership experience. Paul's arrival signalled a reinvigoration of our strategic direction, culminating in the launch of our new four-year plan, co-produced with young people, staff and trustees.”
• “Under Paul's leadership, and through the extraordinary work of our staff and volunteers, The Way has grown its membership and increased regular attendance. We now support over 800 young people per week, offering more than 20 activities per session.”
• “The 2024/2025 period marked the first year of our four-year strategic plan, themed REBUILD. This foundational year focused on strengthening our core offer, rebuilding trust and relationships, and laying the groundwork for long-term growth and sustainability.”
• “Implemented new HR systems and began streamlining operational processes.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +21.9%

  £139,306 → £169,836

• Cash

  -59%

  £396,991 → £162,689

• Net assets

  -5.1%

  £4,623,834 → £4,386,569

• Employees

  -13.3%

  60 → 52

• Wages

  +15.7%

  £745,544 → £862,485

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers