COMPANY REGISTRATION NUMBER: 04327256
CHARITY REGISTRATION NUMBER: 1092908
Oxclose and District Young Peoples Project Limited
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2025
CS ACCOUNTING LIMITED
5 Mcmillan Close
Saltwell Business Park
Low Fell
Tyne & Wear
NE9 5BF

Oxclose and District Young Peoples Project Limited
Company Llmlted by Guarantee
Financial Statements
Year ended 31 March 2025
Page
Trustees, annual report (incorporating the director's report)
Independent examiner's report to the trustees
statement of financial activities {including income and
expenditure account)
statement of financial position
statement of cash flows
10
Notes to the financial statements
The following pages do not form part of the flnanclal statements
Detailed statement of financial activities
20
Notes to the detailed statement of financial activities
21

Oxclose and District Young Peoples Project Limited
Company Limited by Guarantee
TTUStees' Annual Report (Incorporating the Director's Report)
Year ended 31 March 2025
The trustees. who are also Ihe director5 for the purposes of company law, present their reporl
and the unoudited financial statements of the chorily for the year ended 31 March 2025.
Refeience and adminlstrative details
Reglstered charily name
Chority reglstratlon number
Company reglslralion number 04327256
Oxclose and District Young Peoples Project Limited
1092908
Princlpal office and registered Ayton Centre
office
Dunlin Drive
Ayton
Washington
Tyne & Wear
NE38 OEB
The trustees
Ms A Parkes
Mr P Dawson
Ms P Hegarfy
Mr DI Johnson ITreasurerl
C Smith
5 Mcmillan C105e
5allwell Business Park
Low Fell
Tyne & Wear
NE9 58F
(Appointed 12 December
20241
(Resigned 12 December 20241
Independent examiner
Slruclure, governance and management
Public Benefit
We hcJve referred to the gvidance contained in the Charity Commission's general guidance
on public benefil when reviewing our aims and objectives and in planning our future activities.
In particulor, Ihe Truslee Board consider how planned activities will conlribute lo Ihe aims and
objectives they have set. The Trustee Board reached the conclusion that the Chority's aims and
objectives did fall within the appropriate charitable purpose.
The trustees confirm that they have complied wth the duly in Section 17 of the Charitie5 Act
2011 to have due regard to Ihe Charily Commission's general guidance on public benefit.

Oxclose and District Young Peoples Project Limited
Company Limited by Guarantee
Tru5tees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
Objectives and activitie5
To promote the benefit of young persons between I l and 25 living in Washington and the
surrounding areas without distinction of sex, politics, religion. or opinions in association with the
local authorities, voluntary organisotions and those young persons, in a common effort to
advance education and to provide facilities in the interests of social welfare for recreation and
leisure time occupation with the objects of improving the conditions of life of those young
persons so as to develop their physical, mental and spiritual capabilities so that they may grow
to full maturity within the community.
Charltable actlvltles and achlevements
I have great pleasure in introducing this Annual Report which is a celebration of the work
undertaken by the ODYPP. It has been another busy year with a large number of young
people from across Washington accessing our provision. Our youth clubs have offered a wide
range of opportunities and have been well attended by many young people between the
ages of eleven and nineteen. We have also given young people opportunities to porticipate
in out of centre activities. Our post 16 training has supported many young people to raise
aspirations and gain confidence as well as improve skills and gain qualifications. The
Management Committee wish to compliment the leadership and staff of ODYPP for their
tremendous hard work over the year in sUPPOrting the young people of Washington in their
own communities. It is important to recognise the impact this work has in providing
opportunities for our young people and in contributing to socia5 wellbeing and cohesion with
our local communities.
Employability Programme
2024-25 has been the first year that we have delivered our new Employability Programme
funded by Washington Area Committee. Staff from Oxclose & District Young Peoples Project
worked closely with Together for Children's Careers team to identify young people aged
Slxteen to nineteen who were recorded as not cU￿entlY engaging in employment. education
or training INEETI. After identifying young people home visits were carried out alongside a
careers advisor to find out if the young person was in fact NEET. if not what they were doing in
regards to employment, education or training and to also promote the new project. Oxclose
& District Young Peoples Project teaching and support staff created a Short programme aimed
at young people who were NEET and actively seeking work. Over the course of ten sessions 51X
young people identified their skills and qualities and how these could be useful in different types
of career and working environments. Young people then wrote a personal staternent
promoting their skills and qualities which they included in on vp to date CV. As part of the
programme young people also registered with recruitment websites. searched ond applied for
jobs online and. identified ways to improve interview skills and practiced answering interview
que5tion5. After creating and printing copie5 of their CV young people identified businesse5 in
Washington in which they would like gain employment. They were then supported by staff who
took them out in the mini bus to hand deliver a copy of their CV. One young person was
successful in gaining an apprenticeship in business administration and another gained part-
time employment in a cafe. All members of the group where offered ongoing career
information, advice and guidance from ODYPP.

Oxclose and District Young Peoples Project Limited
Company Limited by Guarantee
Trustees, Annual Report {Incorporallng the Dlrector's Report) {conlinued)
Year ended 31 March 2025
From September 2024 - February 2025 eleven young people participated in a twenty week
programme aimed at improving employability and life skills, raising aspirations and promoting
positive progressions into further education. training or employment.
Young people completed initial assessments in Maths ond English to ascertain their current
abilities and to ensure that they are entered for functional skills qualifications at the level above
in order to Stretch and challenge them. Young people met one-to-one with theirtutor to discus5
their career interests. if any. and any work experience they may have as well as their strengths
and areas of development. These discussions alongside their Maths and English initial
assessments helped to create Individual Learning Plans IILPs} for each learner. In December
the young people hosted a Christmas party for thirty six elderly people. The group had made
and hand delivered invitations to bungalows around Ayton Villoge. The guests enjoyed a three
course meol as well as a Christmas themed quiz, games of bingo and a raffle. Funding from
Washington Area Committee's Community Chest meant that the party was completely free of
charge. All of the gue5t5 had o great time and thanked the group for all of their hard work.
Nine young people completed the programme which included a week work experience
placement. Work plocements took place in a wide variety of organisations including garages,
a flooring company. cleaning company. key cutting business and a community centre. All of
the young people received positive feedback from their placement supervisors. The work
experience placements gave the young people the opportunity to spend time in a real
working environment, finding out what the job entailed and what would be expected of them
in an average week. On return to the training room the young people added their period of
work experience to their Cvs. From the nine young people that completed the programme
hvo progressed into further training, two into employment and one was making regular money
from streaming online. In March 2025 0 further three young people who were actively seeking
work started a six week programme aimed at progressing them into employment. All young
people who participated in our programmes also completed emergency first aid sessions and
received a Heartstart certificate accredited by the British Heart Foundation
Hollday Actlvllles
During the Easter holiday period we offered young people access to out of centre holiday
activities including Treetop Golf. Homeside Adventure Park. Jump Giant trampoline park. Laser
Quest, Air Troll High Ropes Course, Inflataspace and bowling at Hollywood Bowl. Young people
from Washington East ward also participated in an interactive session at Safety Works. Activities
included discussions ond tasks arovnd fire, water, rood and Metro safety. During the May-June
half term school holiday period a group of young people enjoyed a visit to Whickham Thorns
Outdoor Activity Centre where they tockled the high ropes course. played laser tag ond snow
tubed. Other groups of young people visited Whitley Bay Ice Rink and Whitley Bay Football Golf
Course. In the summer holidays we offered a varied and exciting programme of activities to
young people across the five wards of Washington. Young people participated and enjoyed
activities including poddle boarding at Hart5epool Marina, Laser Quest and swimming at South
Shields, day trips to Beamish Open Air Museum, York Dungeon and a day trip to Flamingo Land.
The trip to Flamingoland was particularly popular with sixty young peop5e braving the ride5 and
enjoying the zoo. During the October holidays young people had great fun at The Strategy
Escape Rooms, solving puzzles in an attempt to escape the room in the allocated timescale.
other groups of young people enjoyed visit5 to Jump Giant Trampoline Park and Beamish Open
Air Museum. In the Christmas holiday period we offered young people holiday activities

Oxclose and District Young Peoples Project Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report} (continued)
Year ended 31 March 2025
including visits to Infinite Air trampoline park and Bowling. In February half term young people
participated in a range of out of centre activities including visits to Infinite Air trampoline park,
Tree Top Golf. The Strategy Escape Room, Laser Quest and a pantomime at Springwell Village
Community Venue. All young people that participated in activities enjoyed their experience
and are keen to take part in future octivities within and outside of their youth clubs.
The Feeding Brilain Programme
Funding from Washington Area Committee and the Feeding Britain Programme also allowed
us to run extra activity se55ions during the summer holiday period. Young people participated
in arts and crafts activities including tie dying, painting and bracelet making as well as vislts
from a mobile petting zoo where they held a range of different snakes and an owl. All young
people who participated in the programme also enjoyed o meal and a drink.
Good Vibes
The Good Vibes Project has continued to support young people from Woshington through one-
to-one counselling sessions within our youth centres. The service continues to offer counselling
sessions foryoung people without a waiting list. The counselling service hos been well promoted
through youth clubs. outreach youth work. on our Facebook page. in local schools and through
NHS Social Prescribers. Our Good Vibes youth clubs have continued to give young people
aged 10-19 access to centre based youth clubs where they can participate in a range of
activities, socialise and receive information, advice and guidance from qualified youth
workers. Youth clubs take place every week at The Pitstop. Ayton Community Centre, Oxclose
Community Academy and Sulgrave Centre. All of the youth club5 are well attended by young
people from across the five wards of Washington.
Fun with Finance
ODYPP hove continued to work in partnership with Shiney Advice and Resource Project
ISHaRPI to deliver Fun with Finance sessions to young people. Sessions are aimed at helping
young people to be more financially aware and resilient and focus on topics such as
budgeting. essential and non-essential spending, gambling and illegal money lending.
Fun with Finance sessions have been delivered in ouryouth club5 and as part of the programme
young people plan and budget for an activity of their choice. Activities enjoyed by the young
people have included trips to Jump Giant trampoline park, bowling. escape rooms and meals.
In tofal twenty eight young people completed the Fun with Finance Programme from April
2024-25.
Washlngton Youth Councll
Washington Youth Council had another successful year working towards their aims of
representing young people living in Washington, giving young people a voice and promoting
P051tive images of young people. In June 2024 members of the youth council teamed up with
some members of staff from Asda Washington and Keep Washington Tidy to carry out a litter
pick in Albany Park as part of the Big Help Out. In August Washington Youth Council hosted
their annual family fun day in celebration of International Youth Day. The event was a great
success with over four hundred people of all ages attending and enjoying the free activities
which included an inflatable assault course, rodeo bull, face painters, a football speed cage,

Oxclose and District Young Peoples Project Limited
Company Llmited by Guarantee
Trustees. Annual Report {Incorporating the Director's Report) (continued)
Year ended 31 March 2025
petting zoo 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 as well a5 local people, family members and friends which resulted in £450
being raised. In December Washington Youth Council made an appeal for donations of
pamper products which they used to creote hampers for the women living in WWIN refuges
over the Christmas period. The group were aware that women who have fled domestic
violence often leave their home with little or no possessions and are likely to spend any money
that they have to provide Christmas presents for their children. Washington Youth Council
wanted to help the women to have something for themselves that they could enjoy over the
festive period. The group had a fantastic response from the public and were supported by
Columbia Community Association who offered to use their building as a drop-off point. The
week before Christmas members of Washington Youth Council delivered large boxes full of
pamper products including bubble baths and shower gels. bath bombs and face packs. Some
female members of the group went along to the WWIN refuge in Washington to deliver the
products to the delighted staff. In Januory 2025 Washington Youth Council met with MP Sharon
Hodgeson to talk about the impact of youth work, what it feels like as a young person living in
Washington and what they think that Washington needs to improve for local young people.
The group enjoyed the informal chat and the opportunity to represent local young people. In
March members of the group participated in another litter pick with Keep Washington Tidy. This
time the group litter picked around Glebe Pork collecting numerous bogs of rubbish and
shopping trolleys which were reported by Keep Washington Tidy.
Strategic report
The following Sections for achievements and performance and financial review form the
strategic report of the charity.
Financiol review
The financial results for the charity are detailed in the annexed Statement of Financial Activities
and Balance Sheet together with the related notes.
The net surplus on incoming resources for the year amounted to £5,09712024 deficit £51,491 }.
The surplus attributable to general reserves stands at £5,09712024 deficit £51.491 l and the
surplus relating to restricted reseNes stands at nil12024 nill. The charity continues to rely on short
term grant funding to carry out it5 activities.
Reserves pollcy
Unrestricted funds amount to £397.09612024: £391,999) but, of this the freely available balance
Stand5 much lower ot approximately £127,096 12024: £173,489) since there are designated
funds of £270k12024 £270kl. The designations include a Redundancy Fund of £70k12024 £70kl,
a Replacement Van/Minibus Fund of £40k12024 £75kl, a Building Refurbishment Fund of £70k
12024 £70kl and a Youth Work/Education Fund of £90K12024 nill.
The trustees have determined that the minimum level of free reseNes to be held. which are not
invested in tangible fixed asset5, should v5ually be the equivalent of six months expenditure.
approximately £120k.

Oxclose and District Yovng Peoples Project Limited
Company Limited by Guarantee
Trusfees, Annual Report (Incorporating the Director's Report) (contlnuedj
Year ended 31 March 2025
Pluns foi lulvre periods
The Work Plan for 2025- 2026 15 to ensure continued improvemenl of ODYPP ond the 5eivices il
offers.
The Irustee5' onnual report and Ihe slrategic report were approved on 18 December 2025 and
signed on behalf of the board of Irustees by..
e5
Chairperson
MrDI
Truslee
son (Treosureil

Oxclose and District Young Peoples Project Limited
Company Limited by Guarantee
Independent Examlner's Report to the Trustees of Oxclose and Dlstrict Young
Peoples Project Limited (conlinued)
Year ended 31 March 2025
I report to the trustees on my examination of the financial statement5 of Oxclose and District
Young Peoples Project Limited I'the charity'l for the year ended 31 March 2025.
Responsibillties and basls of report
As the trustees of the company land also its directors for the purposes of company law) you
are responsible for the preparation of the financial statements in accordance with the
requirements of the Companies Act 20061'the 2006 Act'l.
Having sat15fied myself that the accounts of the company are not required to be audited under
Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my
examination of the charity's accounts as carried out under section 145 of the Charities Act
2011 I'the 2011 Ac*'l. In carrying out my examination I hove followed the Directions given by
the Charity Commission under section 145151 Ibl of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in
connection with the examination giving me cause to believe:
accounting records were not kept in respect of the charify as required by section 386
of the 2006 Act. or
the financial statements do not accord with those records. or
the financial statements do not comply with the accounting requirements of section
396 of the 2006 Act other than any requirement that the account5 give a 'true and
fair, view which is not a motter considered as part of an independent examination..
or
the financial statements have not been prepared in accordance with the methods
and principles of the Statement of Recommended Practice for accounting and
reporting by charities applicable to charities preparing their accounts in accordance
with the Financial Reporting Standard opplicable in the UK and Repvblic of Ireland
IFRS 1021.
I have no concerns and have come across no other molters in connection with the
examination to which attention should be drawn in this report in order to enable a proper
understanding of the accounts to be reached.
C Smith
Independent Examiner
5 Mcmillan Close
Saltwell Business Park
Low Fell
Tyne & Wear
NE9 5BF

Oxclose and District Young Peoples Project Limited
Company Llmlted by Guarantee
statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2025
2025
Unrestricted Restricted
funds
funds Total funds Total funds
2024
Note
Income and endowments
Donations and legacies
Investment income
58,603
133.198
191,801
211,095
137
Total Income
58,603
133,198
191,801
211.232
Expendllvre
Expenditure on charitable activitie5
53,506
133.198
186.704
262,723
Tolal expenditure
53,506
172.080
186.704
262,723
Net income/(expenditure} and net
movement in funds
5,097
5.097
151,4911
Reconclllallon of funds
Total funds brought forward
Total funds carried forward
391.999
391.999
443.490
397,096
397.096
391 .999
The statement of financial activities includes all gain5 and losses recognised in the year.
All income and expenditure derive from continuing activities.
The noles on pages 1110 18 form part ol these flnanclal statements.

Oxclose and District Young Peoples Project Limited
Company Limited by Guarantee
Statement of Financial Position
31 March 2025
2025
2024
Current assets
Debtors
Cash at bank and in hand
Note
13
4,682
394.642
1.546
392,681
399,324
394.227
Creditors: amount5 falling due wlthin one year
Net current assets
Total assels less current liabillties
Net assets
14
2.228
2.228
397.096
391.999
397.096
391,999
397,096
397,999
Funds ofthe charity
Restricted funds
Unrestricted fund5
Total charlty lunds
397.096
391,999
16
397.096
391.999
For the year ending 31 March 2025 the charity wa5 enfilled to exemption from oudil under
section 477 of the Companies Act 2006 relating to small componies.
Direcfors, re5pon5ibilitie5..
The members hove not required the company to obtain on audit of its financial
statement5 for the year in question in accordance with section 476:
The directors acknowledge Iheir responsibilities for complying with the requirements of the
Act with respect to accounting records ond the preparation of financial Statements.
These financial statements have been prepared in accordance with the provision5 applicable
to componies subject to the small companies, regime.
These financial stalements were approved by the board of trustees and authori5ed for issue on
18 December 2025. and are signed on behalf of the board by:
orkes
Chairper50n
MrD
Trust
John
on ITre05urerl
The notes on pages I I to 18 form part of these finoncial statements.

Oxclose and District Young Peoples Project Limited
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 March 2025
2025
2024
Cash flows from operaling activities
Net incomellexpenditurel
5,097
151,4911
Adjustments for."
other interest receivable and similar income
Accrued income
11371
13,5801
Changes in..
Trade and other debtors
Trade and other creditors
444
11 ,0471
115,2891
167,9641
Cash generated from operations
1,961
Interest received
137
Net cash fromllused inl operating activities
1.961
167.8271
Net increase/(decrease) in cash and cash equivalents
Cash and cash equivalents at beginnlng of year
Cash and cash equivalents at end of year
1,961
392,681
167,8271
460.508
394,642
392.681
The notes on page5 1 I to 18 form part of these flnanclal statements.
10

Oxclose and District Young Peoples Project Limited
Company Limited by Guarantee
Notes to the Financlal Statements (continued)
Year ended 31 March 2025
General Informallon
The charity is a public benefit entity and a private company limited by guarantee.
registered in England and Wales and a registered chority in England and Wales. The
address of the registered office is Ayton Centre. Dunlin Drive, Ayton, Washington, Tyne &
Wear. NE38 OEB.
statement ol compliance
These financial statements have been prepared in compliance with FRS 102. 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the 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 IFRS
1021 (Charities SORP IFRS 10211 and the Companies Act 2006.
Accounting policies
Basls of preparatlon
The financial statements have been prepared on the historical cost basis, as modified by
the revaluation of certain financial assets and liabilities and investment properties
measured at fair value through income or expenditure.
The financial statements are prepared in sterling. which is the functional currency of the
entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of
the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future
project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor
or through the temis of an appeal. and fall into one of two sub-classes: restricted income
funds or endowment funds.
Incoming resources
All incoming resources are included in the statement of financial activities when
entitlement has passed to the charity; it is probable that the economic benefits associated
with the transaction will flow to the charity and the amount can be reliably measured. The
following specific policies are applied to particular categories of income:
income from donations or grants is recognised when there is evidence of entitlement

Oxclose and District Young Peoples Project Limited
Company Limited by Guarantee
Notes to the Financial Statements (COn￿nUed)
Year ended 31 March 2025
to the gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably. in which case the value is derived from the cost to
the donor or the estimated resale value. Donated facilities and services are
recognised in the accounts when received if the value can be reliably measured. No
amounts are included for the contribution of general volunteers.
income from contracts for the supply of services is recogni5ed with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in
which case it may be regarded as restricted.
Resovrces expended
Expenditure is recognised on an accrua15 basis as a liability is incurred. Expenditure
includes any VAT which cannot be fully recovered. and is classified under headings of the
statement of financial activities to which it relates:
expenditure on raising funds includes the costs of all fundraising activities. events.
non-charitable trading activities, and the sale of donated goods.
expenditure on charitable activitie5 includes all costs incurred by o charity in
undertaking activities that further its charitable aims for the benefit of its beneficiaries,
including those support cost5 and costs relating to the governance of the charity
apportioned to charitable activities.
other expenditure include5 all expenditure that is neither related to raising funds for
the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct
costs attributable to a single activity ale allocated directly to that activity. Shared costs
are apportioned between the activities they contribute to on a reasonable, justifiable and
consistent basis.
Tangible a55els
Tangible assets are initially recorded at cost. and subsequently stated at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at
revalued amounts are recorded at the foir value at the date of revaluation less any
subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carying amount of an asset as a result of a revaluation, is recognised
in other recognised gains and losses. unless it reverses a charge for impairment that has
previously been recognised as expenditure within the statement of financial activities.
decrease in the carrying amount of an asset as a result of revaluation. is recognised in
other recogni5ed gains and1055es. except to which it offsets any previous revaluation gain,
12

Oxclose and District Young Peoples Project Limlted
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2025
in which case the105s is shown within other recognised gains and losses on the stafement
of financial activities.
Deprecialion
Depreciation is calculated so as to write off the cost orvaluation of an asset, less its residua5
value, over the useful economic life of that osset as follows:
Plant and machinery
Fixtures and fittings
Motor vehicles
Written off in full in year of purchase
Written off in full in year of purchase
Written off in full in year of purchase
Impairment of lixed assels
A review for indicators of impairment is carried out at each reporting date, with the
recoverable amount being estimated where such indicators exist. Where the carrying
value exceeds the recoverable amount. the osset is impaired accordingly. Prior
impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing. when it is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the
cash-generoting unit to which the asset belongs. The cash-generating unit is the smallest
identifiable group of assets that includes the asset and generates cash inflows that largely
independent of the cash inflow5 from other asset5 or groups of assets.
For impairment testing of goodwill. the goodwill acquired in a business combination is.
from the acquisition date. allocated to each of the cash-generating units that ore
expected to benefit from the synergies of the combination, irrespective of whether other
assets or liabilities of the charity are a55igned to those units.
Flnanclal Instruments
A financial asset or a financial liability 15 recognised only when the charity becomes a
party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivoble or payable
including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can othewise be
measured reliably. the investment is subsequently measured at fair value with changes in
fair value recognised in income and expenditure. All other such investments are
subsequently measured at cost less impairment.
other financial instruments. including derivatives, are initially recognised ot fair value,
unle55 payment for on osset 15 deferred beyond normal busine55 terms or financed at a
rate of interest that is not a market rate. in which case the asset is measured at the present
13

Oxclose and District Young Peoples Project Limited
Company Limited by Guarantee
Notes to the Financial Statements (conllnuedj
Year ended 31 March 2025
value of the future payments discounted at a market rate of interest for a similar debt
instrument.
other financial instruments ore subsequently measured at fair value, with any changes
recognised in the statement of financial activities, with the exception of hedging
instruments in a designated hedging relationship.
Financial a55ets that are measured at cost or amortised c05t are reviewed for objective
evidence of impairment at the end of each reporting date. If there is objective evidence
of impairment, an impairment loss is recognised under the appropriate heading in the
statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial a55ets that are
individually significant. these are assessed individually for impairment. Other financial
assets are either assessed individually or grouped on the basis of similar credit risk
characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal
does not result in a carying amount of the financial asset that exceeds what the carrying
amount would have been had the impairment not previously been recognised.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in
which the related service is provided. Prepaid contributions are recognised as an asset to
the extent that the prepayment will lead to a reduction in future payments or a cash
refund.
When contributions are not expected to be settled wholly within 12 months of the end of
the reporting date in which the employees render the related service, the liability is
measured on a discounted present value basis. The unwinding of the discount is
recognised as an expense in the period in which it arises.
Limited by guarantee
The company is limited by guarantee, not having a share capital and consequently the
liability of members is limited. subject to an undertaking by each member to contribute to
the net assets or liabilities of the company on winding up such amounts as may be
required not exceeding £1.
14

Oxclose and District Young Peoples Project Limited
Company Limlted by Guarantee
Notes to the Financial Statements (conllnued)
Year ended 31 March 2025
Donatlons and legacies
Unrestricted Restricted Tolal Funds
Funds
Funds
2025
Donatlons
Donations
Room hire
15.048
15,048
Grants
Springboard
Sunderland All Together Consortium
Sunderland City Council
Sharp - Money Matters
other small grants
36,970
51.911
80,185
88.881
80,185
6.585
1,102
6,585
1,102
58,603
133.198
191.801
Unrestricted Restricted Totol Funds
Funds
Funds
2024
Donalions
Donations
Room hire
1,020
6,907
1,020
6.907
Granls
Springboard
Sunderfand All Together Consortium
Sunderfand City Council
Sharp - Money Matters
other small grants
21,309
15,738
21,309
92.083
42,007
11.268
36,501
76,345
42,007
11,268
25,479
11.022
55.996
155,099
211,095
Investment income
Unrestricted Total Funds Unrestricted Total Fund5
Funds
2025
Funds
2024
ank interest receivable
137
137
Expendllure on charftable aclivltles by fund type
Unrestricted Restricted Total Funds
Fund5
Funds
2025
Direct costs
Support costs
29.715
103,483
29.715
156,989
53,506
53,506
133,198
186,704
15

Oxclose and District Young Peoples Project Limited
Company Limited by Guarantee
Notes to the Financial Statements (conlinued)
Year ended 31 March 2025
Unrestricted Restricted Total Funds
Funds
Funds
2024
Direct costs
Support costs
2,588
105.036
23.502
131,597
26.090
236.633
107.624
155,099
262,723
Expenditure on charitable activilies by activity type
Activities
undertaken
directly
Support Total fvnds Total fund
costs
2025
2024
Charitable activities
29,715
156.989
186,704
262.723
Independent examlnation fees
2025
2024
Fees payable to the independent examiner for:
Independent examination of the financial statements
2,340
1,950
10. Slaff costs
The total staff costs and employee benefits for the reporting period are analysed as
follows=
2025
2024
Wages and salaries
Social security costs
Employer contributions to pension plans
101.982
2.658
2.790
172,112
7.604
8.400
107,430
188.116
The average head count of employees during the year was 912024: 81.
No employee received employee benefits of more than £60.000 during the year12024:
Nill-
11. Trustee remuneratlon and expenses
No remuneration or other benefits from employment with the charity or a related entity
were received by the trustees.
16

Oxclose and District Young Peoples Project Limited
Company Llmlted by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2025
12. Tangible fixed assets
Plant and Fixtures ond
machinery
fittings
Motor
vehicles
Total
Cost
Al l April 2024 and 31 March 2025
Depreclallon
At l April 2024 and 31 March 2025
Carying amount
At 31 March 2025
18,795
12,917
28.794
60.506
18,795
12.917
28,794
60,506
At 31 March 2024
13. Deblors
2025
2024
Prepayments and occrued income
4.681
1 ,546
14. Credilors: amounts falling due within one year
2025
2024
Accruals and deferred income
other creditors
2,340
11121
2.228
2.340
11121
2,228
15. Penslons and olher post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined
contribution plans was £2.79012024: £8,400).
17

Oxclose and District Young Peoples Project Limlted
Company Limited by Guarantee
Notes to the Flnanclal Statements (conlinued)
Year ended 31 March 2025
16. Analysis of charitable funds
Unrestricted funds
At
31 March 20
25
At
l April 2024
Income Expenditure
General funds
391,999
58.603
153,5061
397.906
At
31 March 20
24
At
l April 2023
Income Expenditure
General funds
443.490
56,133
1107,6241
391.999
Restrlcted funds
At
31 March 20
25
At
l April 2024
Income Expenditure
Restricted Funds
133.198
1133,1981
At
31 March 20
24
At
l April 2023
Income Expenditure
Restricted Funds
155.099
1155,0991
17. Analysls of changes In net debl
At
At
l Apr 2024 Cash flows 31 Mar 2025
Cash ot bank and in hand
392,681
1.961
394.642
18

Oxclose and District Young Peoples Project Limited
Company Limited by Guarantee
Management Informatlon
Year ended 31 March 2025
The followlng pages do not lorm part of the Ilnanclal statements.
19

Oxclose and District Young Peoples Project Limited
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 March 2025
2025
2024
Incorne and endowments
Donations and legacies
Donations
Room hire
Springboard
Sunderland All Together Consortium
Sunderland City Council
Sharp - Money Matters
other small grants
1 ,020
6,907
21,309
92,083
42.007
11,268
36.501
15.048
88.881
80,185
6.585
1,102
191,801
211,095
Investment income
Bank interest receivable
137
Total Income
191.801
211,232
Expendlture
Expenditure on charitable activities
Wages and salaries
Employer's NIC
Pension costs
Rates and water
Light and heat
Repairs and maintenance
Insurance
Training and governance
Motor vehicle expenses
Legal and professional fees
Telephone
other office costs
Education costs
Activity costs
101,982
2,658
2.790
1.080
5,333
35.173
1.884
343
3,084
2.136
491
35
6,267
23.448
172,112
7.604
8,400
1 .399
6,287
32.411
1,316
3,952
2.570
567
2,588
23.502
186.704
262.723
Total expendlture
186,704
262,723
Nel Income/(expendlture)
5.097
{51.4911
20

Oxc105e and District Young Peoples Project Limited
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Actlvltles
Year ended 31 March 2025
2025
2024
Expendllure on charltable actlvitles
Activities undertaken directly
Education costs
Activity costs
6.267
23,448
2,588
23,502
29,715
26,090
Support costs
Wageslsalaries
Employer's NIC
Pension costs
Rates & water
Light & heat
Establishment costs
Insurance
Training and governance
Motor and travel costs
Legal and professional fees
Telephone
Office c05tS
101,982
2,658
2,790
1.080
5,333
35,173
1,884
343
3,084
2,136
491
35
172,112
7,604
8.400
1,399
6.287
32,411
1.316
3.952
2,570
567
156,989
236.633
Expenditure on charltable actlvltles
186,704
262,723
21