COMPANY REGISTRAIION NUMBER: 04327256 CHARITY REGISTRATION NUMBER: 1092908 Oxclose and District Young Peoples Project Limited Company Limited by Guarantee Unaudited Financial Statements 31 March 2024 CS ACCOUNTING LIMITED 5 Mcmillan Close Saltwell Business Park Low Fell Tyne & Wear NE9 5BF Oxclose and District Young Peoples Project Limited Company Limited by Guarantee Financlal Statements Year ended 31 March 2024 Page Trustees, annual report (incorporating the director's reporti Independent examiner's report to the trustees Stotement of financial activities (including income and expenditure occountl Statement of finoncial position statement of cash flows 10 Notes to the financial statements The followlng pages do not form part of the flnanclal statements Detailed statement of financial activities 20 Notes to the detailed statement of financial activities 22 Oxclose and District Young Peoples Projecl Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) Year ended 31 March 2024 7he trustees. who are also Ihe directors for the purposes of company law, present their report ond the vnoudited financial stalements of the charity for the year ended 31 March 2024. Reterence and odministratlve details Reglsteied charlty name Oxclose and District Young Peoples Project Limited Charlty reglstratlon nvmber 1092908 Company reglstratlon nvmber 04327256 Prlnclpal offlce and registered Ayton Centre office Dunlin Drive Aylon Washington Tyne & Wear NE38 OEB The tiustees Ms J Eland Mr P Dawson Ms P Hegarty Ichairpersonl Mr DI Johnson (Treasurer) (Resigned l February 20241 Independenl examlner C Smith CS Accounting Limited 5 Mcmillan Close Saltwell Business Park Low Fell Tyne & Wear NE9 5BF Structure, governance and management PUBLIC BENEFIT We have referred to the guidance contained in the Charity Commission's general guidonce on public benefil when reviewing our aims and objectives and in planning our future activities. In particular, Ihe Trustee Board consider how planned oclivilies will contribute lo the oims ond objectives they have set. The Trustee Board reached the conclusion thal the Charity's aims and objectives did fall within the appropriale charitable purpose. The truslees confirm that they have complied with the duty in Section 17 of the Charities Act 2011 lo hove due regard to the Chority Commission's general guidance on public benefit. Oxclose and District Young Peoples Project Limited Company Limited by Guarantee Trustees, Annual Report (Incorporaling the Director's Report) fcontinved) Year ended 31 March 2024 OBJECTIVES AND ACTIVITIES Objectlves and alms To promote the benefil of young persons between I l and 25 living in Washington and the surrounding areas without distinction of sex, polilics. religion, or opinions in association with the local authorities, voluntary organisations and those young per50n5, in a common effor* to advance education and to provide facilities in the interests of social welfare for recreation and leisure lime occupation with the objects of improving the conditions of life of those young persons so as to develop their physical, mentol and spirituol capabilities so that they may grow to lull malurity within the community. Charltable actlvltles and ochlevemenls I hove greal pleasure in introducing this Annual Report which is a celebration of Ihe work undertaken by the ODYPP. It has been onolher busy year with a large number of young people from across Washington occessing our provision. Our youlh clubs have offered a wide ronge of opportunilies and hove been well ottended by many young people belween the ages ol eighl and nineteen. We have also given young people opportunities lo participate in out of centre activitie5 including bike rides ond ice skaling. Our post 16 troining has supporled mony young people lo raise aspirations, gain confidence as well as improve skills and gain qualifications. Our project has continued lo be successful with support from our many porfners. We are exlremely grateful of the support we have received. We would like to give our thanks to The All Together Consortium. Washington Area Committee. Sunderland City Council, Sunderlond Career5 Service, Oxclose Community Academy, our locol Police Community Team. The past year has been challenging lor the boord dve to financiol pressures. The finoncial outlook for future years looked grim and the board had to moke difficult decisions to ensure the long term viability of the projecl. None of this could have happened withoul our hard working and enthusiastic stoff team who are focused on providing high quality social and learning opportunities to a wide range of young people. I would like to thank them for their commitment to the young people and the project. Thank5 also go to Ihe Management Committee for their support and advice in driving lorward the ogenda. study Programme 2023-24 has been a unique year for ODYPP because from the end ot July 2023 we stopped delivering out full-time Study Progromme. Unfortunately, Springboard with whom we had been sub-conlracted to deliver post-16 Iroining for many yeors greatly reduced the number of subcontractors that they worked with which included ODYPP. Before the end of our controct ten learners completed their programme and gained a level I diploma in Ski115 for Employment, Training and Personal Development. Some learners also gained functional ski115 qualifications in maths and English All of our learners participated in Oxclose and District Young Peoples Project Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Dlrector's Report) (contlnued) Year ended 31 March 2024 meaningful work experience plocements in an orea of their choice. Young people also completed work placemenfs at, Washington Riding Centre, Vigo Lane Garage and in house with ODYPP. Springwell Village Community Venue is another of the organisotions that continued to support us and offer a number of work placements to learners. Young people were given opporlunities to work in the cosy Café and in the office as well os helping to prepare for the annual 1940s evenl thal is hosted by Springwell Village Community Venue. Hollday Aclivitles During the Easter holiday period we offered young people access to out of centre holiday octivilies including Inflataspace, ice-skating, Laser Quest. Whitley Boy Ice Rink and bowling at Hollywood Bowl. During Ihe May-June half term school holiday period young people enjoyed visits to Jump Gianl trampoline park, Laser Quesl, bowling ond ice-skaling ol Whitley Bay. In the summer holidays we offered a voried ond exciting programme of activities to young people across the five wards of Woshington. Young people porticipated ond enjoyed octivities including poddle boarding at Harllepool Marina, a high ropes course at Tees Barrage, Beamish open oir museum and a day Irip to Flamingo Land. The trip to Flamingoland was particularly popular with sixty young people braving the rides and enjoying the zoo. During the October holidays young people had greal fun at York Dungeon, Northumberlond Zoo, pumpkin picking at Brockbushes Farm and Beamish open air museum. A group of young people also hod an action packed day at Whickham Thorns where they braved the high ropes course and obstocle course and worked in a team to play gomes of laser tag. In the Christmas holidoy period we offered young people holidoy oclivities including ice skating ot Whitley Boy and South Shields outdoor ice rink and bowling. All young people thal participated in activities enjoyed their experience ond ore keen lo take parl in future activities within and outside of Iheir youth clubs. Good Vlbe5 The Good Vibes Projecl has continued to support young people from Washington through one- lo-one counselling sessions wilhin our youth centres. The service conlinues to offer counselling sessions for young people without a wailing list. The counselling service hos been well promoled through youth club5, outreach youth work, on our Facebook page. in local schools and through NHS Sociol Prescribers. Our Good Vibes youth clubs have continued to give young people aged 10-19 occess to cenlre based youth clubs where they con participate in a range of activities, socialise and receive information, advice and guidance from qualified youth workers. Oxclose and District Young Peoples Project Limited Company Limlted by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (conllnved) Year ended 31 March 2024 Youth clubs take place every week at the Pitstop, Ayton Community Centre, Oxclose Community Acodemy and Sulgrave Centre. All of the youth clubs are well attended by young people from acr05S the five wards of Washington. Fvn wlth Flnonce ODYPP have worked in portnership wilh Shiney Advice ond Resource Projecl ISHaRPI lo deliver Fun with Finance sessions to young people. Sessions are aimed at helping young people to be more finoncially aware and resilient and focus on topics such as budgeting, essential and non- essential spending, gambling and illegal money lending. Fun with Finance sessions hove been delivered in our youlh clubs and as part of the programme young people plon and budget for an octivity of their choice. Activities enjoyed by the young people hove included go-karting, o trampoline park and escape room experience. Washinglon Youth Councll Washington Youth Covncil hod another successful year working lowords their aims of representing young people living in Washington, giving young people a voice and promoting positive images of young people. In April Ihe group participated in the pilol Fun with Finance Progromme where they received information on a range of topics including essential and non-essential spending, illegal money lending, gambling and scams. On completion of the programme the young people gave feedbock on the programme. what Ihey felt went well and gave suggestions for improvements. In August Washington Youth Council hosted their onnual family fun day in Celebrotion of Inlernolionol Youth Day. The event was a greot success with over four hundred people of oll ages attending and enjoying the free octivilies which included an inflatoble assault course, rodeo bull. face pointers, a football speed cage, petting farm and wipe out zone. As part of the fun day a bake sale was held to raise funds for the Teenage Cancer Trust. Cakes, scones and other baked goods were donated by local shops and cafes os well as local people. family members and friends which resulted in £475.85 being raised. Woshinglon Youth Council entered a nalionol competition from the Char*ered Troding standards Institule to find Ihe Young Consumer Influencer of the Year. Their entry of o poem entitled Not So Canny Annie and occompanying video warned of the dangers of illegol money lending. Following a Successful social medio campaign the group were announced os winner5 of the award. In November members of Washington Youth Council Iravelled to London to attend the owards ceremony ol Ihe House of Commons where they performed their poem and received their award. The following day the group had a tour of the House of Commons and met with their local MP Sharon Hodgson for a chat, cup of tea and cake. The young people had a great time in Oxclose and District Young Peoples Project Limited Company Llmlted by Guarantee Trustees, Annual Report (Incorporating the Dlrector's Report) (continued) Year ended 31 March 2024 London and it wa5 the first time in the capital for them all. In December Washington Youth Council made on appeal for donations of pamper products which they used to creale hompers for the women living in Wearside Women in Need refuges over the Chrislmos period. The group were aware that women who have fled domestic violence oflen leove their home with little or no possessions and are likely to spend any money that they have lo provide Christmas presenls for their children. Woshington Youth Council wanted to help the women to have something for themselves that they could enjoy over the festive period. The group had a fantostic response from the public and were supported by Columbia Community Associalion who offered to use their building as a drop-off point. The week before Christmas members of Woshington Youth Council delivered large boxes full of pamper products including bubble baths and shower gels, bath bombs and face packs. In March 2024 Washington Youth Council allended the onnual Sunderland Young Achievers Awords at Rainton Meadows Arena where they were announced as the winners of the Local Community Award in recognition of oll of their work to supporl the local community over the year. The awards ceremony was o fantastic opportunity lo celebrote young people across the city and their achievemenls. Tolal Contacts 8988 Individual 3694 New Contacts 1117 FINANCIAL REVIEW The financial resulls for the charity are deloiled in the annexed Slatemenl of Financial Activities ond Balance Sheet together with the reloted noles. The net deficit on incoming resources for the year omoun*ed to £51,491 12023 £19,670) due laigely to a management reorganisation. The surplu5 attributable to general reserves stands at £391.99812023 £443,489) and the surplus relating to restricted reserves stands at nil12023 nill. The chority conlinues fo rely on short lerm grant funding lo carry out its activitie5. RESERVE POLICY Unreslricted funds amount to £391 k12023 £443kl but, of this the freely available balance stands much lower at approximately £121 k 12023 £133kl since there ore designated funds of £270k 12023 £310kl. The designations include a Redundancy Fund of £70k 12023 £IIOkl. a Replacement Van/Minibus Fund of £75k 12023 £75k} and a Building Refurbishment Fund of £125k12023 £125kl. The trustees hove determined thal the minimum level of free reserves to be held. which are nol invested in tongible fixed assets, should usually be the equivalent of six months expenditure, approximately £1 l Ok. Oxclose ond Dlstricl Young Peoples Projecl Llmiled Company Llmlled by Guorantee Trustees, Annuol Report (Incorporallng the Dlreclor's Report) leop•knv•dJ Yeai ended 31 Maich 2024 f UTVRE PIANS Tl)e Woik Pion lor 2024 202$ is lo ei)swe cont￿lue￿ irnpiovenieni ol ODYPP ontj the seivice) il ollers. rhe tri151eo5 onnuthl rep%yI orid Ilie stroieg4r. ier)orl were opproved oil 12 Decembvr ?Q?4 ond signed on beholl ot tlie booi¢ ol IIL151ees by.. Ms P Heqorly Ichniiporsonl Iru>tee MIDIJ Trvslee hn50n IlreosuBrl Oxclose and District Young Peoples Project Limited Company Llmlled by Guarantee Independent Examlner's Report to the Trustees of Oxclose and District Young Peoples Project Limited (contlnved) Year ended 31 March 2024 I report lo the trustees on my examination of the financial statements of Oxclose and District Young Peoples Project Limited I'the charity'l for the year ended 31 March 2024. Responslbilities and basls of report As the trustees of the company land also its directors for the purposes of company lawl you are responsible for the preparation of the financial statements in accordonce with the requirements of the Compcnies Act 20061'the 2006 Act'l. Hoving satisfied myself that the occounts of the company are not required lo be audited under Part 16 of the 2006 Acl and are eligible for independent examination. I reporl in respect of my examination of the charily's accounts as carried out under section 145 of the Charities Act 2011 I'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145151 Ibl of Ihe 2011 Act. Independent examlner's statement I have completed my examination. I confirm Ihal no matters have come to my attention in connection with the exominotion giving me couse to believe: occounling records were not kept in respect of the charity as required by section 386 of the 2006 Act,. or the financial statements do nol occord with those records; or the financial stotements do not comply with the accounting requirements ol section 396 of the 2006 Act olher than any requirement that the occounls give a 'true ond fair. view which is not a matter considered os part of an independent examination,. or the financial statements have not been prepared in accordance wilh the methods and principles of the Statement of Recommended Proctice for accounting ond repoiting by charities applicable to charitie5 preparing their accounls in occordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021. I have no concerns ond have come across no other matters in connection with the examinalion to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. C Smith Independenl Exominer 5 Mcmillan Close Saltwell Business Park Low Fell Tyne & Wear NE9 5BF Oxclose and District Young Peoples Project Limited Company Llmited by Guarantee statement of Flnanclal Activities (Includlng income and expenditure account) Year ended 31 March 2024 2024 Unrestricled Res*ricted funds funds Tolal funds Tolal funds 2023 Note Income and endowmènts Donations and legacies Investment income 55,996 137 155,099 211,095 137 193,346 208 Total income 56,133 155,099 211,232 193,554 fxpendlture Expendilure on charitable activities Total expendlture 107,624 155.099 262,723 213,225 107.624 155,099 262,723 213,225 Nel expendlluie and nel movement In funds 151,4911 151,4911 119,6711 Reconclllatlon ol funds Tolol funds brought fo￿ard Total funds cairled foiward 443.489 443.489 463,160 391,998 391,998 443.489 The 5tatemenl of financial octivities includes all gains ond losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages I I to 18 form part of these flnonclol slalemenls. Oxclose and Districl Yovng Peoples Project Llmlted Company Llmiled by Gvoronlee Slalemenl of Finoncial Posltlon 31 March 2024 2024 2Q12J Nole ¢vii•nl assets DoblDIs Cash n., born& Ofid iri hand 14 1.546 352.69? 499 394 ??0 461 ChJ6 Ci¢dlltsis- amovnls lalling wllhin one year N¢1 curienl osseli 2.228 17,517 391.gY8 443, 489 Tolal osse15 less cuiienl Fiobililies N•1 ussels JY1.998 441 489 391 998 4dl.4A9 Funds ol Iht charlly 391.998 443 489 lolgl chority Ivnds Is ?91.998 443, 48P Pc'r IIIL. yp.11 pllk-Iiri¢ 31 I.IoiLh ?1?d Ihp c.hn'ify w05 eril,11g.rJ lo **etii,'IliLiii IrJrTI uddil iindtw S(J￿ IIDr, 477 0.1 11 IL. CL>ii iponip.i Ar.* 4OD6 fFrylotIfi￿ Ic) SFTiall .-nn",pririses. Diip.r. lYi%' respctlS)t)jlilio5' 11)e iTriervibors not i¢'iiwrL'rJ flie c.rJmpniy lo obluii., ui) outtii 04 ils Iii)oiici(Il slulufftevi15 1..11 ', he yrfjr iri G-vos114n in oc COlOOi'Le Y/illTr sec. lion 47&.. 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