CHOYSEZ
(A company limited by guarantee)
REPORT AND FINANCIAL STATEMENTS
For the year ended 31 August 2024
Charity number 1089811
Company number 04286804

CHOYSEZ
IA ¢ompany limited by guarantee)
TRUSTEES ANNUAL REPORT
For the year ended 31 Augus12024
The trustees are pleased lo present their annual directors. report together wilh the financial
statements of the charily for the year ended 31 August 2024 which are also prepared to meet the
requirements for a direclors. report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011. the Companies Act 2006, the
Memorandum and Articles of Association, and 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} leffective 1
January 20151
Obje¢tlves and activities
The principal activity of the charitable company is to promote the development, education and
rehabilitation of young people from all sections of Ihe community, in particular the disaffected,
disadvantaged or socially excluded, to raise their aspiralions and achievements and lo enable them
lo realise their full potential as individuals and members of wiety- Our policies lo achieve our
objectives continue to be lo develop, arrange, promote. support and fund projects and programmes
for the personal and education development of young persons and to provide appropriate
educational, welfare, social and leisure facilities. and to encourage research and offer advice. We
refer lo Charity Commission guidance on Public Benefit when reviewng our aims and objectives and
ensure that future plans remain focused on their achievemenl. Funding limits our activities, but no
beneficiaries appropriate to our aims are excluded. Equal access to Ouf services is important to us,
and we promote local understanding of our work. When considering our overall objectives and
plannirng our activities. the board of trustees is mindful of the Charity Commission's guidance on
public benefit, including the guidance "public benefit.. running a ¢harity IPB2)'.
Achlevements and performance
We started the 2023-2024 financial year confident that the tough financial conditions in the years
following COVID-19 were starting lo improve in line with our forecasis and that we were predicting a
small surplus for the financial year 2023-2024.
We knew this would still be a challenging year and one where the cosl-of-living crisis hil all areas of
expenditure, and especially the families of the young women we supporl. It was also a year full of
optimism, one where we could start to lay down longer term plans for our future. Our financial
forecasts were shown to be correct. as was our hope that 2023-2024 would be an exciting and
amazing year of developments and achievements for us.
To ensure Choysez is here to support Ihe needs of those who need us most takes a commitment
from everyone involved in the project.11 requires a clear focus on what we need to achieve including
planning, our drive and a calmness to see the larger picture over the shorter term view that our long
track record affords us. We are supported in doing this by our excellent trustees who help guide us
with an efficiency and a calmness that supports our development and protecls the welfare of the
young people and staff. They ensure Ihal Choysez continues to plan and develop, making important
decisions that help lo manage our resources effectively for Ihe benefit of the charily. Their continued

CHOYSEZ
IA company limited by guarantee)
TRUSTEES ANNUAL REPORT
For the year ended 31 August 2L124
support, scrutiny and direction are very much appreciated. and their enmmilmenl and care for the
project is clear for all lo see.
We are always proud of the achievements of the project and for what il means lo so many people. It
means the world lo all of us who work here. At Choysez we are so blessed lo have the best staff
tearn anyone could imagine. The care, dedication and stability they provide lo some of the most
vulnerable young women in the region is an inspiration to everyone who visits. work in or attends the
project. Their ability lo respond lo the needs of the young women who need our support and lo give
their time, care and commitment is whal drives the project fotwards, always seeking lo push the
boundaries of what we can do next and do better. Givin9 up lime freely to listen makes such a
difference and the caring ethos of the project is a joy to see on a daily basis. Parents, young women,
referral agents, visitors and inspectors all say the same thing - you can feel the atmosphere and
ethos as soon as you enler the building. We are so lucky to have Ouf staff team. our work family
working here. They are not only instrumental in everything that is achieved but are the inspiration
behind the wellbeing of the project. Il's very moving to see what they do and what they give daily
and il is an honour lo work alongside them. The future of Choysez and the care for young women
who need our support is safe in their hands. Thank you.
The young women who attend Choysez have often faced many challenges in their lives and had to
face their future having experienced many adverse childhood expertences. To see the care, support
and respect they give the staff at Choysez is something that is very precious to all of us. Their support
in what we are trying lo achieve wilh them is very special and very much appreciated. This long-
standing commilmenl to the project could be seen this year with the return of previous pupils who
left the project over the last Iwo years returning for educational. emotional and employment SLtpport.
This shows the respect and care the young women have for Choysez,. they know this is a magical
space where they feel safe. and a place they know is always here for them.
In 2024 we had more young women take GCSE exams Ihan in any previous years and the
participation and results of this were great to see. Young women pemanenlly excluded from school,
some who had not been in education for over a year. sitting GCSE exams alongside their peers in
mainstream school with outcomes ranging right up lo Grade 5. In addition, they also succeeded in
passing their BTEC Health and Social Care, with students gaining rnerils and distin¢lions in their
work. All our Year 11 leavers moved forward into college or employment. Our range of qualifications
increased lo include ASDAN Awards in a range of short courses. This shows the commitment of the
students here, bul also the benefit of having a highly skilled staff team who can support and teach
to the highest standard. Our quality inspection report praised both the leaching standards and the
behaviour and participation of our students. we are very proud to receive such recognition of our
joint achievements.
In addition, we continued lo invest in our staff team and have improved and upgraded our existing
classroom resources. Changes lo the building were made following discussions with our young
women they were able to share Iheir voice and give suggeslK)ns about how the building should
look and feel, giving them a real say in how the project looks. This included the creation of a new
outdoor space and sealing area to provide another area lo be enjoyed. bul also an additional quiet
space when needed or somewhere quiet lo be listened to. We were able to carry out planned trainin9
in line with our staff development plan helping to support our work.

CHOYSEZ
IA wmpany limited by guarantee)
TRUSTEES ANNUAL REPORT
For the year ended 31 Au9USt 2L124
Financially, it was a year where we were able to report a small surplus which was in line with our
forecasts over the last couple of years. Despite some tough years financially we have continued lo
develop, increase and improve the support we give. Our friends and funders have supported us and
believed in us for many years, and il is always a pleasure showng them around the project so that
they can see first-hand the difference their support makes. Without their support and belief Choysez
would not be able to do everything we do. and this longslanding commitment means everything to
us in supporting our community. A special mention must also be made of the staff team at
Communlty Foundation Tyne & Wear and Northumberland and our regular funders there who
have supported and developed our project over many years. We are so proud of the connection they
have to our charity. They are a real example of how funding partners and charities can make a
difference lo the communities we serve and improve the oullook and prospects of those we support,
changing lives for the beller. Withoul our funding partners who support and encourage us al every
opportunity, we would not be here providing this vital support. Thank you.
FINANCIAL REVIEW
The total income for the peri(Id was £351.769 {2024= £259.846). This income is allocaleLI across
respective funds on the Statement of Financial Aclivilies in accordance with the Statement of
Recommended Practice.
The Statement of Financial Activities for the period ended 31 August 2024 shows a net surplus
across all funds of £15,59612024: _£22,1341.
The Balance Sheet at 31 August 2024 shows tolal funds carried forward of £156,255 {2024'.
£140,659) of which there are £0 reslricled funds {2024= £0).
Reserves
olic
Choysez has maintained a level of free reserves {reseNes not invested in tangible fixed assets) over
the years, currently £60,562 to meet the working capital requirernenls of the charity in the event of a
significant drop in funding. 11 has established a policy whereby the unrestricted fLAnds held by the
charity should be between 3 and 6 months of annual expenditule. At 31 August 2024 reserves are
al 2 months of expenditure.
PLANS FOR FUTURE PERIODS
Choysez is an asset thal Northumberland can be proud of. Supporting the most vulnerable young
people in Northumberland for over 20 years. We have a long-standing track record of commilmenl
lo young people in our area. We show funders and referral agents that we are an organisalion that
can be trusted and relied upon. We are an organisalion Ihal has true valsjes. We can be trusted lo
deliver and continue to seek out improvements to the support we give. OUT results show we are
project that refuses to sland still. The young women we support deSe￿e nothing less. That's why in
the year 2024-2025 we look fomiard to further new developments. We will seek to increase our s18ff
team which will allow us to expand our curriculum by introducing a new BTEC qualification in Child
Development which will be introduced in September 2024. It will provide our SENCO with more time
lo engage in SEND provision and inlervenlions lo support our sludenls even further. We will also
build space into OUT day lo allow slaff to provide the emolional and safeguarding support that is key

CHOYSEZ
IA company limited by guaianleel
TRUSTEES ANNUAL REPORT
For the year ended 31 Augus12024
to what we do. We will build on previous work wlh young women who left the project in earlier years
to provide additional support and guidance - helping them back into work, training or education. In
addition, 2024-2025 will enable us to introduce new individualised areas ofstudy for those who wish
to enhance their career prospects with study plans and new qualifications which support their goals
and aspirations.
We will continue to invest in project resources. and 2024-2025 will see the washroom area completed
which will allow young women who need lo do so lo bring their own clothes in and wash them while
they are at Choysez. Our food bank area will be expanded and we will also have a clothes bank on
sile where our young women can freely choose items of clothes they need.
Facilities will continue to be improved. bringing unused space back into more productive use
improving classrooms, common areas and outside spa￿5 Within the project. We will continue lo
invest in staff training and facilities lo drive the project forwards.
Choysez is here for young women who need our support. We nèver forget this and that is why we
continue lo develop our staff. resources and project lo ensure that we can meel their ever-changing
needs. The young women who come lo Choysez tell us they feel the care and support given by
everyone here and that is why we will continue lo give everything we can, lo gtve them the care and
support they desejve. We are so proud lo work for Choysez and of the achievements of our young
women. Our fantastic staff team alongside the support from our Iruslees. the cornmilmenl of our
fantastic young people, and our fvnders will make 2024-2025 a year lo remember - one which is
exciting and progressive. This is what makes Choysez the place our young women Irust and believe
in. A place where they are safe and somewhere they can call Iheir own. A project that can be relied
upon.
PUBLIC BENEFIT STATEMENT
The Trustees have referred lo the Charity Commission's guidan￿ on public benefit when reviewing
the charity's objectives and planning ils fulure aclivilies. This annual report will aim lo demonstrate
the link belween our charitable activity and how Ihis benefits our service users.

CHOYSEZ
IA company limited by 9uaranlee}
TRUSTEES ANNUAL REPORT
For the year ended 31 August 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Charity Name
CHOYSEZ
Registered
Charity Number
1089811
Company
Number
042868(M
Registered Office 2 Gooch Avenue
and operational
Barrington Industrial Estate
address
Bedlinglon
Northumberland
NE22 7DQ
Trustees
Graham Shannon
Anthony Railton
Janel Fay
Zoe Maylam
Gillie Robson
Chair
Bankers
Bank of Scotland
The Mound
Edinburgh
EX1 1YZ
Independent
Examiner
Michelle Wrighl
MW Accounling SeTvices
Woodgate House
Wood Street
Galeshe3d
NE119NP
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governin
documents
The organisation is a charitable company limited by guaranlee. incorporated on the 13 September
2001 and is controlled by its governing document, a deed of Irusl, and constitutes a limited
company, limited by guaranlee. as defined by the Companies Act 2006.
oinlmenl of Trustees
The directors and trustees seek lo ensure that the users. needs are reflected through the diversity
of the Board. To enhance the potential pool of directors and trustees. selected individuals who may

CHOYSEZ
IA ¢ompany lirniled by guarantee)
TRUSTEES ANNUAL REPORT
For th& year ended 31 August 2024
sh lo become directors or trustees are approached as necessary. Directors and trustees are re-
appointed annually. All concerned give their time voluntarily and receive no benefit.
anisation
All of the trustees meet every month and deal with the adminislralion of the charity to ensure that
Choysez has a clear vision and strategy for the future. and to monitor the performance against plans,
to support the management and staff team. and to oversee financial accountability and risk
management.
The operational management of the organisation is underlaken by the paid staff team.
Risk mana
Vve have 8ssessed land reviewed regulady} the major risks lo which we are exposed. in particular
those related lo our operations and finances. and we are satisfied that syslems are in place to
mitigate our exposure. No major risks have been identified. A key element in our management of
financial risk is the setting and regular review of our reserves pdicy.
emenl
TRUSTEES. RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS
The trustees, who are also directors for the purposes of company law. are responsible for preparing
the Trustees, Annual Report and the Financial Statements in accordance with applicable law and
United Kingdom Accounling Standards (United Kingdom Generally Accepied Accounting Praclicel.
Company Law requires the trustees lo prepare financial slalemenls for each financial year which
show the slate of affairs of the charitable company and of incoming resources and application of
resources. including the income and expenditure of the ¢harilable¢ompanyfor Ihal year. In preparing
those financial statements, the Iruslees are required to..
select suitable accounting policies and apply them consislenlly.,
observe the methods and principles in the Chartties SORP-
make judgements and estimates that are reasonable and prudent.
slate whether applicable accounting standards have been followed. subject to any material
departures disclosed and explained in the financial slatemenls..
prepare the financial statements on Ihe going (x)ncem basis unless it is inappropriate to
presume that the charity will continue in operation.

CHOYSEZ
IA Gompany limiled by 9uaranteel
TRUSTEES ANNUAL REPORT
For the year ended 31 August 2024
The trustees are responsible for keeping accounting records that disclose with reasonable accuracy
Ot any lime the financial t)osilion of the charitable company aThJ enable Ihem to ensure that the
financial slalemenls comply with Ihe Companies Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hence lor taking reasonable sleps for the
prevention and detection of fraud and other irregularities.
This report was approved by the Trustees on:
1910512025
and signed on their behalf by=
fjtèFtsmShan(Kinlllay19.ZQ2511.3JGUT-11
Graham Shannon
Chair

CHOYSEZ
IA company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
For the
ear ended 37 Au
ust 2024
I report on the financial slalemenls of Choysez for the year ended 31 August 2024, which are set out on pages 9 10
21.
Respèctivè rè$pon$ibllhtte$ of tru5tee5 and examiner
The charity's Iruslees (who are also directors of the company for the puTpos*s of company lawl are responsible for
the preparation of the accounts. Th$ ¢harily's trustees consider ihat an audit is not required for this year under
section 144 of the Charities Act 2011 Ilhe Charibes Acll and that an independent examination is needed.
The charity's gross income exceeded £250.0(K> and l am qualified lo undertake the examination by being a
Member ol the Association of A¢¢ounling Technicians.
Having satisfied myself that the charity is not subject lo audit under company law and is eligible for indep6ndent
examination, it 15 my responsibility lo..
examine the accounts under section 145 of the Charities Act.
l(> follow the procedures laid down in the general Directions given by the Charity Commission (under section
14515llbl of Ihe Charities A¢ll, and
lo stale whether particular mallers have come lo my attention.
Ba$ls of Indepondent examiner's statement
My examination was carried out in accordance with general Diredions gwen by the Charity Commission. An
examinalion includes a review of Ihe accounting records kepl by the charily and a comparison of Ihe accoun15
presented with those records. It also includes ¢onsid&ration ol any unusual items or disdosures in the a¢coLJnts,
and seeking explanations from the Iruslees conceming any such matlets. The pr￿edureS undertaken do not
provide all the evidence that would be reqEJired in an audit. and consequenyy no opiniijn is given as to whether the
accounts present a 'lrue and fair view. and the report is limiled lo those matters sel out In the statement below.
Independent examiner's statom•nt
In connection with my Èxamination, no material matters have come to my altention which gives me cause lo
believe that in, any material respecl..
accounb'ng records were not kept in accordan￿ with section 386 01 Ihe Companies Acl 2006- or
the accounts do not accord with such records" or
the accounts do not comply with relevant accounting requirements under section 396 of the Companies Acl
2006 other than any requiremenl Ihal the accounts give a 'lrue and fair. VEW which is not a rnaller
consi(Sered as part of an independent examinalion". or
the a¢¢ounls have not been prepared in accordance with ihe Charilies SORP {FRS1021.
I have corne across no other matters in connection with ihe examinalron lo whith attention should be drawn in this
report in order lo enable 8 proper understanding of the accounts lo be reath8d.
Michelle Wrighl
oodgale House
5¢ Wood Street
Gateshead
Tyne and Wear
NE119NP
Dale..
M￿wr￿A￿
1910512025

CHOYSEZ
IA ¢ompany limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING SUMMARY INCOME & EXPENDITURE ACCOUNT)
For the year ended 31 August 2024
Uniestricled
Funds
Restrid6(1
Fund5
Total
2024
Total
2023
Income from:
Charitable activities
Grants and conlra¢ls
Other trading activities
326,070
5.000
20.699
346,769
5,000
259,846
Total in¢ome
331.070
20,699
351,769
259,846
Ex
endltur• on..
Charitable activities
Operalion ol the charity
Total expenditure
315.474
20,699
336,173
281,980
315,474
20,699
336,173
281,980
Nel Income/(expendlture) and n8t
movement offunds
15.596
15,596
122,134)
Recon¢lllatlon of funds
Tolal funds brought forward
140.659
140,659
162,793
Total funds ¢arried fonvard
156.255
156.255
140,659
The Stalement of Financial Activities includes all gains and losses recognis￿j in the year. Al income and expenditure
derive from continuing acliwli8s
The nolgs on pages 1110 21 form an integral part of these accounts.

CHOYSEZ
IA company limited by guarantee)
Charity Nurnber 1089811
Cornpany Number 04286804
BALANCE SHEET
As al 31 August 2024
Total
2024
Total
2023
Fixed assets
Tangible assets
15
95.693
103,069
Total fiTxed assets
95,693
103,069
Current assets
Oeblors
Cash al bank and in hand
16
17
3.778
71,722
2.607
39.198
Total cuttent assets
75,500
41,805
Craditors: amounts falling due within
one year
18
114,938}
14,214)
Net current assets
60,562
37,590
Total assgts less ¢urrent liabilities
156.255
140,659
Total net assets or liabilitigs
156.255
140,659
Funds of the ¢haTit
Unreslricled ificome funds
Reslricled income funds
156,255
140,659
Tolal funds
1S6,255
140,659
The company was enlilled to an exemption from audit under $477 of the Ccmpanies Act 2006 relating to small
companies.
The members have not required the company to obtain an audit in aC￿rdan￿ ￿1th seclK)n 476 of the Companies Act
2006.
The directors acknowledge Iheir responsibilities for complying with the requiremenis ol the Companies A¢1 with the
respe¢l to accounting recoids and the preparation ol accoLFnls.
These accounts have been prepared in accordan￿ wilh Ihe provisions app￿Icable lo small compani&s subject lo the
small companies regime and in accordance with FRS102 SORP.
The notes on pages 11 to 21 fomi an inlegral part of these accounts.
These financial statements were approved by the Board on=
1910512025
and are signgd on ils btrh8lf by-
Graham Shannon
Chair of Board of Trustees
10

CHOYSEZ
IA company limiled by guaranteel
NOTES TO THE FINANCIAL STATEMENTS
For the
ear ended 31 Au
U512024
1 A¢¢ountlng Policies
The principal accounling policies adopted. judgements and key sources of estimation uncertainly in the
preparation of Ihe finan¢i81 statemen15 are as follows=
2 Basis of accountlng
2.1 Basis of preparation
These a￿uniS have been prepared under the historical cost convent￿￿ with items recognised al cost or
transaction value unless otherwise statèd in the Televant nole{sl to these accounts.
The accounts have been prepared in accordance with Accounting and Reporting by Charities-. Ststemenl of
Recornmended Practice applicable to charities preparing their awunis in a(LOrdan￿ with the Financial
Rtsporting Siandard applicable in the UK and Republic of Ireland IFRS 1021 leffectiv8 1 January 20191
Charities SORP IFRS 1021, the Financial Reporting Slandard appliable in the UK and Republi¢ DI Ireland
IFRS 1021 and Ihe Charities Acl 2011.
Choysez metrls Ihe definition of a public benefit entity under FRS 102.
2.2 Preparation of thg accounts on a going con¢¢rn basis
The financial stalemants have been prepared on a going concem basis. In making their assessment the
Iruslees have reviewed and considered relevant information. indudirg their annual budget and luture cash
flows. The Iruslees are ol Ihe view thal Ihe immediate luture of the tharity lor the next 12 months is secure
and that on this basis the charity is a going concem.
Ineom&
3.1 Re¢ognltion of incom¢
Income is re¢ognised when Ihe charity has enlillemenl lo the res￿jrCe9. any performance conditions
alla¢hed to the ilemlsl of Income have been met. il is more likely than not Ihat the resources will be received
and the monetary value can be measured with suffiuent reliability
3.2 Oflsèttin9
There has been no offsetting of assets and liabilities. or income expenses. unless required or permilled
by FRS102 SORP or FRS102.
3.3 Grants and donations
Income from government and olher grants. whether'capilal, grants or 'revenue' grants, 15 recognised when
the charity has entillemenl lo Ihe funds. any performance conditions attached to the grants have been met, it
is probable that the income will be received and the amounl can be measured reliably and is not deferred.
Income received in advance of thè provision of a specifie(I se￿Ice is deferred until the criteria of income
recognition are mel.

CHOYSEZ
IA company limited by guaranleel
NOTES TO THE FINANCIAL STATEMENTS
For the
ear ended 31 Au
ust 2024
3.4 Donated goods and servlcès
Donated goc>ds are measured al fair value {Ihe amounl for which the a55el could be exchanged) unless
impractical to do so.
Oonated servi¢es ar￿ facilities are included in the SOFA when received al Ihe value ol Ihe gift lo the ch8rily
provided that the valLte of the gift can be measured reliably. Donated services and facilities that are
consumed immediately are recognised as income with the equivdenl amount recognised as an expense
under the appropriate heading in the SOFA.
3.5 Volunteer help
The value of volunteei help re￿iVed is not included in the accounts but is described in the Iruslees. annual
report.
3.6 Interest receivablè
Inl¢resl on funds held on deposit is induded when receivable and Ihe amount can be measured reliably by
the charity,. this Is normally upon nolification of the interest paid or payable by the bank.
3.7 Income from mèmbership subscriptions
Mtsmbership subsc¥iptions re¢8ived in the nature of a gift are recognised in donations and legacies.
Membership subs¢riplions which gives a member the right lo buy serv￿eS or other benefits are recognised
as income earned from the provision of goods and servi¢es as in(x)n￿ from charitable activities.
3.8 Investmant galns and losses
This indudes any realised OT unrealised gains or losses on Ihe sale of investments and any gain or Ioss
resulting from revaluing investments lo market value at the end of the year.
3.9 Fund ac¢ounting
Unrestricted funds are available lo spend on activities that futhr any of the purposes of the charity.
Designated funds are unrgstricted fvnds of the charity which the Iruslees have decided al their discretion to
sel aside lo use lor a specific purpose. Reslficled funds are donations which the donor has specified are to
be solely used for particular areas of the charity's work or for speafic projects being underiaken by the
Expendituro and Ilabilitie5
4.1 Llablllty re¢ognition
Liabililies are recognised when il is more likely than not that Ihere is a legal or conslruclive obligation
committing the charity lo pay out resources and the amount of the obligation can be measured with
reasonable certainty.
4.2 Charitable activitias
Expenditure on charitable activilies includes the costs of running the centre and other actiwlies undertaken to
furthèr the purposes ol Ihe charity and their associated suppori costs.
12

CHOYSEZ
IA company limited by gLtaranleel
NOTES TO THE FINANCIAL STATEMENTS
For the
ear ended 31 Au
ust 2024
4.3 Governance and support costs
Support costs have been allocated belween govemarhce cost and other suprxjrt. Govemance wsts comprise
all costs involving public a¢couniabilily of the charity and its compliance wth regulation an¢J good practice.
Support costs are those fijnclions that assist the work of the charity bul do nol directly undertake charitable
aclivilies. Support costs indude cenlral functions and have been alocaled lo actimly cost categories on a
basis Consislenl wilh the use of resources.
4.4 Irracov&rable VAT
Irrecoverable VAT is charged as a cost against Ihe activity for which the expenditure was incurred.
4.5 Creditors
The charity has creditors which are measured at seltlemenl amour)ts less any trade dI￿unt$.
4.6 Provisions for Ilabllltles
A liability is measured on recognition at ils historical cosl and then subsequently measured at the best
estimate of the amount required lo settle the obligalion at the reporting date.
5 Assets
5.1 Tangible fixed a$$¢t$ for use by the charity
Individual fixed assets costing £1.000 cv more a￿ capitalised al ￿$t and are depreciated over their
eslimaled useful economic lives on a slraighl line basis. a full years ¢Jewecialion charge is applied in the year
of acquis11ion and no charge is made in Ihe year of disposal-
Land & bijildings
Plant & machinery
Motor vehicles
Slraighl line over iwenty years
Reduang balance 33.3%
Reducing balance 25%
13

CHOYSEZ
IA company limiled by guaianleel
NOTES TO THE FINANCIAL STATEMENTS
For the
ear ended 31 Au usl 2024
Analysis of income
Unrestricled
Funds
Restricted
Funds
Total
2024
Total
2023
6 Charitablè activities
Income from
rants and contracts
School contracts
Kellogs
Sprig9s Family
Community Foundation High Sheriff
Chop Town Council
RW Mann Trust
Nelherton Park Trust
302.318
1.000
500
1.000
302,318
1.000
soo
1,000
500
2,000
7,500
5,000
500
2.000
7.500
5.000
Communily Foundation
Northumberland Villag8 Homes
Community Foundation
Welesley Trust
Community Foundation
Northvmberland Group Fund
Community Foundation 1989
Willan Charitable Trust
Rolhley Trust
Other grants
6,252
6,252
9,699
9,699
4.114
10.1)00
10.000
1.000
1,000
255,732
326,070
20.699
346 769
259,846
7 Other trading activities
Other income
5,000
5.000
Income was £351,769 12023= £259.8461 of which £331.070 was unreslricted or designated 12023.. £255,732)
and £20,699 was reslricled12023.' £4.114)
14

CHOYSEZ
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the ear ended 31 Au
ust 2024
Analysis of expènditure on charitablè actlvities
Unreslricled
Funds
Restricted
Funds
Total
2024
Total
2D23
8 Charftablg activities
Direct costs
Staff costs
Recruilmenl
staff Iraininglconferences
Uniforms
Staff Iravellmeelings
Project activity
ort costs
244.905
676
3.915
5,000
249.905
676
3,915
203.937
1,919
2,013
512
15,490
198
15.794
198
20,493
4.699
Transport costs
Telephone charges
Heating & lighting
Office expenses
Repairs and renewals
Rent, water & waste
Insuran¢e
Legal & professional fees
Award Certificates
Depreciation
9.247
1.771
5.023
5.703
2.761
2.466
7.610
9,247
1,771
5,023
5,703
13,761
2,466
7,610
7.913
2,134
4,301
4,687
9.002
2,478
7,595
2,960
3,510
12,264
11,000
1.946
12,446
1.946
12,446
Gtsvernance costs
Independent examinerfs fees for reporting on
the accounts
1.013
1,013
1.265
315474
336173
281980
Expenditure on charitable activities was £336,173 (2023= £281.9801 of which £315,474 was unrestricted or
designaled12023.. £277,866) and £20,699 was resthcled {2023= £4,114)
9 Fees for examlnation of the account$
2024
2023
Inde￿ndent examinerfs fees for repty1ing on the accounls
1,000
1,265
1.000
1,265
15

CHOYSEZ
IA company limited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
For the
ear ended 31 Au
ust 2024
10 Analysls of staff costs and the cost of key management personnel
2024
2023
Salaries and wages
Social security costs
Pension costs Idefined coniribulion pension plan}
216,947
21,713
10.957
249,617
No employee received remuneration above £60,00012023". nil)
The key management personnel of the charily. comprise the Trustees and the Centre Manager. The total
employee benefits of the key management personnel ol the charity were £57,256.12023'. £46.5591
11 Staff numbèrs
The average rnonlhly head ¢ounl was 6 staff {2023.. 6 stafQ and the average monthly number ol full-lime
equivalent employe&s during the year were as follows..
2024
Number
2023
Number
The parts of the charity in which th8 employee's wo
Charitable activitios
Strssion81 staff are hired on a project by project basis and are inclLrded within charitable aclivib'es as direct
proje¢l ¢osls as they typically relate lo specific pr(Mlu¢lion or projecls.
12 Transactlons wlth trustees
None ol the trustees have been paid any remuneration or received any thher benefits fiom an employment with
their charity or a relaled enlily.
Trustees. expens•s
No Iruslee expense have been incurred in the year.
Transaction{s} with related parti•$
The following detail the related party transactions in the reporting period.
G Shannon, who is a Directoi of the Organisation and a Tnjslee of the Charity. is an associate 501icilDr at EMG
Solicitors Limited. who are our solicitors. No transactions beiween the parties took place during the year ended
31 August 202412023 £Nill.
J Fay is a charity trustee and acts as our insurance broker. operating on nornial (x>mmercial lemis.
13 Defined contribution pénsion scheme
The charity operates a defined conlribulion pension scheme. The assets of the s¢hetne are held separ8lely from
Ih05e ol the charity in an independently administered fund.
The employer's pension costs represenl conlribulions payable by Ihe ¢harity lo the fuftd and amount to £4,537
12023.. £7,512). There was £501 oulslanding as al 31 August 2024 (2023." £2.0581
16

CHOYSEZ
IA company limiled by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the
ear ended 31 Au
ust 2024
14 Corporation Taxation
The charily is exempl from lax on income an¢J gains falling within section 505 ol the Taxes Act 1988 or section
252 of the Taxation ol Chargeable Gains Act 1992 to the extent that these are applied lo its charitabl8
objectives.
Freehold
property
Plant &
ma¢hinery
Motor
vehi¢1os
15 Tangible fixed as$ots
Total
Cosl
Balance brought forward
Additions
Disposals
Balance carried forward
233.268
56,546
2,200
5.070
292.014
5,070
233,268
56.546
7.270
297 084
Depre¢latlon
Basis
Rale
SL
5%
RB
33%
RB
25°
Balan￿ brought fomard
Depreciation charge for year
Disposals
Balan¢0 carried forward
132.364
11,663
56.169
124
412
658
188,945
12,446
144.027
56.293
1,070
201391
Net book value
Brought forward
100.904
377
1.788
103 069
Carried forward
89.241
253
6,200
16 Debtors and prepayments (r￿e1vable within 1 yearl
2024
2023
Trade debtors
Prepayments
1,135
2,643
3,778
2,607
2.607
17 Cash at bank and in hand
2024
2023
Cash al bank and in hand
71.722
71,722
39.198
39.198
17

CHOYSEZ
IA company limited by guar¥nleel
NOTES TO THE FINANCIAL STATEMENTS
For the
ear ended 31 Au
ust 2024
18 Creditors and accrual$ (payable within 1 yèar)
2024
2023
Taxation and social securily
Pension
Accruals
Independenl examination of accounts
Other accruals
Deferred income
CF Mu¢kle
Other creditors
4,958
3.902
1.940
1,000
78
1.265
5.000
1,010
4,214
14,938
19 Deferred Income
Deferred income comprises of advance payments from grants that relate lo future periods
2024
Balance brought forward
Amount released lo income eamed from
charitable activities
Amount deferred in year
Balance carried forward
5,000
5,000
20 Events after the end of the reporting period
No events Inol requiftng adjustment lo the a¢counlsl have occurred after (he end of the reporting period bul
before the accounts are authorised which relate to conditions that arose after the end ol the reporting period.
18

CHOYSEZ
IA company limited by guafanleel
NOTES TO THE FINANCIAL STATEMENTS
For the
ear ended 31 Au
usl 2024
21 Analysis of charitable funds
Analysis of movements In unrestricted funds
For th8 year ending 31 August 2024
Fund
balances
brought
forward
Fund
balances
¢arried
foThvard
Incoming
r¢sources
Resource5
exponded
Transfers
Unrèstrlcted funds
General unrestricted fund
140,659
140,659
331.070
331,070
1315,4741
315.4741
156,255
156,255
Totals
For the year endlng 31 August 2023
Fund
balan¢e$
brought
forward
Fund
balancès
carried
forward
Incoming
resources
Resources
expended
Transfers
Unrestricted funds
General unrestricted fund
162.793
255.732
1277,8661
1277.8661
140,659
140,659
Tolals
162.793
255,732
Purpose of unrestricted fund5
General unrestricted fund
The'free Teserves. after allowng fordesignaled funds
19

CHOYSEZ
IA company limited by guaranleel
NOTES TO THE FINANCIAL STATEMENTS
For the
ear ended 31 Au
usl 2024
21 Analysis of charltable funds continuèd
Analys1$ of movement in restricted funds
For the year ending 31 August 2024
Fund
balances
brought
forward
Fund
balances
Carried
foFward
Incoming
resour¢es
Resources
expend&d
Transfers
Restricted funds
Chop Town Council
RW Mann Trust
Nelherton Park Trust
Community Foundation
Northumberland Group Fund
Rolhley Trust
Heritage Fund
Community Fountyation
New¢aslle City Counul Ward
Funding
National Lollery
Street Games
Henry Smith
Newcastle Cily Council
Other small grants
500
2.000
7,500
9.699
15001
12.0001
17,5001
19.6991
1.000
11.QOOI
Totals
20.699
120,699
Analysis of movement in restricted funds
For thè yèar ènding 31 August 2023
Fund
balan¢Ès
balances
brought
forward
Fund
balan¢es
carrlèd
lo￿ard
Incomlng
resources
Resources
expended
Transf¥rs
Restricted funds
Northumberland Group Fund
Totals
4.114
14,1141
4.114
4,114

CHOYSEZ
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the
ear ended 31 Au
ust 2024
21 Analysis of chJritabl8 funds continued
Purpose of restricted funds
Reslricled funds lepresenl incom8 resources used for a specific purposewithin the charity as identified by the
donor.
Chop Town Council
RW Mann Trust
To support the purchase of new ¢haYs for a classroom
To support the renovations and adaplalions to bring an unused space and
lum il inlo a community washroom
To support the renovation of a dassroom turning il into an English
classroom and reading spa¢e for young women
To support the employment and future career opportunities for young
women particularly Ihose due to leave Ihe proje¢t and those who have left
thin the last two years.
To support the renovations and adaptaI￿)n$ to bring an unused space and
lum il inlo a community washroom
Nelherton Park Tnjst
Community Foundation
NorthLJmberland Group Fund
Rolhley Trust
22 Capital commitments
As al 31 August 2024. the charity had no capital commitments {2023-£nill
23 Analysis of net assets between funds
Unrestrided
Funds
Reslrid8d
Fun(Ss
Total
2024
Total
2023
Tangible fixed assets
Cash al bank and in hand
Other nel currenl asselsl{liabililiesl
95.693
71.722
{ 11.1601
156.255
95,693
71,722
111,160)
156255
103.069
39,198
11.6081
140 659
21

The following page (Joes not lo￿} part of the statutoryaccounts

CHOYSEZ
Income and expenditure account
For the flnancial year ended 31 August 2024
2024
2023
Income
Training courses & grants
Olher income
346,672.00
5.097.00
351,769.00
259,846.00
0.00
259,846.00
Dedud Expenditure
Staff costs
Recruitment
Staff Training
Uniform
Activities
Transport
Fuel
Staff Travel
Repairs & Renewals
Telephone
Office Exp
Light & Heat
Insurance
Rent. Water & Waste
Award Certificates
Legal & Prof
Bad debts
Accountancy charges
Depreciation
Capital loss
Capital profit
Equipment funded
249.905.21
676.00
3.915.00
0.00
20,493.00
3.003.00
6,244.00
198.00
7.977.42
1.771.00
5.703.00
5.023.00
7,609.75
2,466.00
1,946.00
203.937.00
0.00
1.919.00
2.013.00
15,490.00
7.913.00
0.00
512.00
9.002.00
2,134.00
4.687.00
4.301.00
7,595.00
2.478.00
3,510.00
2.960.00
0.00
1,265.00
12.264.00
0.00
0.00
0.00
0.00
1.013.20
12.446.06
5.784.00
336,173.64
281,980.00
Net surplusldeficit for the year
15.595.36
-22,134.00