Company registration number: 07362533 Charity registration number: 1139807
Reclaim Project Limited
(A company limited by guarantee)
Annual Report and Financial Statements for the Year Ended 31 August 2025
Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Reclaim Project Limited
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 to 8 |
| Balance Sheet | 9 |
| Notes to the Financial Statements | 10 to 20 |
Reclaim Project Limited
Reference and Administrative Details
Trustees D Kay Polley, Chair Rachael Firth, Treasurer Catherine Brown Monica Mwanje Victoria Langer Senior Management Team Becky Bainbridge, CEO Katie Shaw, Head of Campaigns Charity Registration Number 1139807 Company Registration Number 07362533 Registered Office Manchester Deaf Centre Crawford House Booth Street East Manchester M13 9GH Independent Examiner Eva Stevens, employee of Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Page 1
Reclaim Project Limited
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 August 2025.
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees:
D Kay Polley, Chair Rachael Firth, Treasurer (appointed 7 February 2025) Catherine Brown Monica Mwanje Peter Dickens (resigned 7 February 2025) Victoria Langer
Structure, governance and management
Nature of governing document
The charity is a company limited by guarantee and registered charity. It is operated under the rules of its memorandum and articles of association dated 1 September 2010 and most recently amended 2 March 2021. It has no share capital and the liability of each member in the event of winding-up is limited to £10.
Recruitment and appointment of trustees
Trustee roles are advertised nationally, through online recruitment sites and social media platforms. Prospective trustees are asked to submit an application letter, and shortlisted candidates are invited to interview with young people from RECLAIM, and Trustees and Staff.
Objectives and activities
Objects and aims
The Charity's objects are specifically restricted to the following: To develop the capacity and skills of the socially disadvantaged community, initially of Greater Manchester, but extending elsewhere in Great Britain, in such a way as they are better able to identify and help meet their needs and participate more fully in society.
Objectives, strategies and activities
We deliver our mission in 3 ways: ~ We run a range of campaign leadership programmes for young working-class people. ~ We support working-class young people to run campaigns locally and nationally on issues they are passionate about to get their voices heard and win change.
~ We support organisations looking to become more inclusive of working-class talent and expertise.
Public benefit
The beneficiaries of RECLAIM's work are primarily working-class young people aged 12-25. They are drawn from Greater Manchester as well as the wider North West and UK. Many of the campaigns they run have a national impact for all working-class young people. RECLAIM also works to support organisations to become more inclusive of working-class talent which benefits a wider age-range of working people nationwide.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Page 2
Reclaim Project Limited
Trustees' Report
Use of volunteers
RECLAIM is very grateful to the volunteers who assisted our work during the year. Their support on our programmes has played an essential part in delivering the results detailed in this report.
Achievements and performance
Over the period, we supported young people to deliver three major social campaigns. The Let Periods Flow campaign was launched to tackle period stigma, supported by resources including an animation, lesson plans, an inclusive language guide, a schools pledge, and a template letter to MPs. It was also featured on the GMCA Curriculum for Life website, and outreach to schools took place to encourage adoption.
The Stick Together, Stand Together campaign centred on a documentary exploring representational politics for working-class young people.
The Abuse in Sport campaign focused on holding British Gymnastics to account for limited progress on the REFORM 25 action plan and calling for better youth engagement in addressing abuse. Early conversations were held with officials in DCMS and Sport England.
We continued delivery of year three of the Full Time Fierce programme, delivering social sessions, Saturday programme sessions, and mentoring support. We also facilitated work experience opportunities, including placements with a legal firm and access to pre-university summer courses. The Full Time Fierce Juniors cohort transitioned into the Working Class History Campaign, developing alliances, campaign visuals, and a communications strategy that informed several funding bids.
Our Young Policy Makers advanced their high streets campaign by practising public speaking, carrying out community surveys in Bolton and Leigh, and visiting a local regeneration project. They finalised their campaign demands and contributed evidence to a House of Lords Select Committee inquiry, which was published in the Committee’s November report. The group also created a short dystopian-themed animation with the Museum of Science and Industry to support their work.
We supported six young people to sit on regional youth committees, including panels focused on gender equality, youth voice, mental health, and net zero.
We continued our partnership with the Working Class Movement Library on the Big Flame project, enabling young people to engage in archival research, explore activism, and plan a youth-led exhibition. We also supported Bolton at Home’s Scrutiny Panel to develop a communications resource tackling social housing stigma, with several participants joining other RECLAIM programmes.
Our partnership project Muslim Girls Finding Power began delivery, with over six sessions completed, including educational trips and engagement activities for young Muslim women.
Throughout this period, we sustained delivery across all partnership programmes and maintained strong representation of young working-class voices in decision-making spaces across the region.
Financial review
This financial year was extraordinarily difficult. Owing to insufficient and unstable funding, the Trustees made the decision to close RECLAIM. The remaining funds were used to ensure an ethical and orderly closure, including engaging funders in the process and meeting all obligations to staff and creditors. The charity ceased activities in May 2025.
All trade creditors have now been paid and these will be the final accounts we will file.
Page 3
Reclaim Project Limited
Trustees' Report
Policy on reserves
RECLAIM’s reserves policy is to maintain a level of unrestricted funding that would cover the costs of responsibly closing the organisation should unforeseen financial difficulties require this to happen. The policy put in place by the Trustees therefore states that RECLAIM requires a level of enough unrestricted reserves to cover the running costs of a three to six month period. This policy is reviewed annually. Throughout the year Trustees monitored levels of reserves closely, and used the reserves policy to support decision making around a responsible closure of the organisation.
Going concern
Cessation of Activities
The charity ceased operating in May 2025 following a decision of the Board of Trustees. This decision was taken after a sustained period of unreliable and insufficient funding which made the continuation of charitable activities no longer viable. The trustees concluded that, despite efforts to secure ongoing support, the charity could not continue to operate in a financially sustainable manner.
Winding Up and Transfer of Assets
The charity has now fully closed. All obligations have been met, and there are no outstanding liabilities. A small balance of remaining funds will be transferred to a community organisation with similar charitable purposes, in line with the objects of the charity and the trustees’ legal duties. All previously restricted funds were formally released by the respective funders for use in winding down the charity.
Thanks
On behalf of RECLAIM and our beneficiaries we'd like to thank our volunteers, and colleagues across the sector, for their continued support. None of our work would be possible without the support - both financial and practical - of our funders. We'd like to offer our sincere and heartfelt thanks for your support over the years.
Small companies provision statement
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
Page 4
Reclaim Project Limited
Trustees' Report
Statement of Responsibilities
The trustees (who are also the directors of Reclaim Project Limited for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by the trustees of the charity on 15 December 2025 and signed on its behalf by:
......................................... D Kay Polley Trustee
Page 5
Reclaim Project Limited
Independent Examiner's Report to the trustees of Reclaim Project Limited ('the Company')
Independent examiner’s report to the trustees of Reclaim Project Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the company for the year ended 31 August 2025.
Responsibilities and basis of report
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied 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 your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) 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 that in any material respect:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
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the accounts 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 applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters 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.
...................................... Forces
Eva Stevens, BSc, CPFA, employee of Community Accounting Plus member of the Chartered Institute of Public Finance and Accountancy (CIPFA)
Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
16/12/2025 Date:.............................
Page 6
Reclaim Project Limited
Statement of Financial Activities for the Year Ended 31 August 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note Income and Endowments from: Donations and legacies 2 Charitable activities 3 Total income Expenditure on: Raising funds Charitable activities 5 Total expenditure Net (expenditure)/income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 13 |
Unrestricted funds £ 40,032 1,320 41,352 - (136,960) (136,960) (95,608) (95,608) 102,831 7,223 |
Restricted funds £ - - - - (181,266) (181,266) (181,266) (181,266) 181,266 - |
Total 2025 £ 40,032 1,320 41,352 - (318,226) (318,226) (276,874) (276,874) 284,097 7,223 |
Total 2024 £ 200,595 257,994 |
|---|---|---|---|---|
| 458,589 | ||||
| (298) (420,362) |
||||
| (420,660) | ||||
| 37,929 | ||||
| 37,929 246,168 |
||||
| 284,097 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for the period is shown in note 13.
The notes on pages 10 to 20 form an integral part of these financial statements. Page 7
Reclaim Project Limited
Statement of Financial Activities for the Year Ended 31 August 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
These are the figures for the previous accounting period and are included for comparative purposes
| Note Income and Endowments from: Donations and legacies 2 Charitable activities 3 Total income Expenditure on: Raising funds Charitable activities 5 Total expenditure Net income Transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 13 |
Unrestricted funds £ 200,595 2,738 203,333 (298) (190,021) (190,319) 13,014 13,234 26,248 76,583 102,831 |
Restricted funds £ - 255,256 255,256 - (230,341) (230,341) 24,915 (13,234) 11,681 169,585 181,266 |
Total 2024 £ 200,595 257,994 |
|---|---|---|---|
| 458,589 | |||
| (298) (420,362) |
|||
| (420,660) | |||
| 37,929 - |
|||
| 37,929 246,168 |
|||
| 284,097 |
The notes on pages 10 to 20 form an integral part of these financial statements. Page 8
Reclaim Project Limited
(Registration number: 07362533) Balance Sheet as at 31 August 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| Current assets | |||
| Debtors | 7 | - | 98,402 |
| Cash at bank and in hand | 8 | 17,223 | 192,154 |
| 17,223 | 290,556 | ||
| Creditors: Amounts falling due within one year | 9 | (10,000) | (6,459) |
| Net assets | 7,223 | 284,097 | |
| Funds of the charity: | |||
| Restricted income funds | |||
| Restricted funds | 13 | - | 181,266 |
| Unrestricted income funds | |||
| Unrestricted funds | 7,223 | 102,831 | |
| Total funds | 13 | 7,223 | 284,097 |
For the financial year ending 31 August 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The financial statements on pages 7 to 20 were approved by the trustees, and authorised for issue on 15 December 2025 and signed on their behalf by:
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----- Start of picture text -----
.........................................
D Kay Polley
Trustee
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The notes on pages 10 to 20 form an integral part of these financial statements. Page 9
Reclaim Project Limited
Notes to the Financial Statements for the Year Ended 31 August 2025
1 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with 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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
Reclaim Project Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Going concern
The charity ceased operating in May 2025 following a decision of the Board of Trustees. This decision was taken after a sustained period of unreliable and insufficient funding which made the continuation of charitable activities no longer viable. The trustees concluded that, despite efforts to secure ongoing support, the charity could not continue to operate in a financially sustainable manner.
The charity has now fully closed. All obligations have been met, and there are no outstanding liabilities. A small balance of remaining funds will be transferred to a community organisation with similar charitable purposes, in line with the objects of the charity and the trustees’ legal duties. All previously restricted funds were formally released by the respective funders for use in winding down the charity.
Exemption from preparing a cash flow statement
Under the exemption available to smaller charities the Board of Trustees has chosen not to include a Statement of Cash Flows within the financial statements.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
Page 10
Reclaim Project Limited
Notes to the Financial Statements for the Year Ended 31 August 2025
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class
Office equipment and computer equipment
Depreciation method and rate
25% on a straight line basis
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
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Reclaim Project Limited
Notes to the Financial Statements for the Year Ended 31 August 2025
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Restricted income funds are those grants for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Pensions and other post retirement obligations
The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
2 Income from donations and legacies
| Donations and legacies; Donations from companies, trusts and similar proceeds Donations from individuals |
Unrestricted funds General £ 35,875 4,157 40,032 |
Total 2025 £ 35,875 4,157 40,032 |
Total 2024 £ 189,320 11,275 |
|---|---|---|---|
| 200,595 |
Page 12
Reclaim Project Limited
Notes to the Financial Statements for the Year Ended 31 August 2025
3 Income from charitable activities
| Grants and donations Sales & fees Sundry income 4 Grants & donations The Blagrave Trust Save the Children Sundry grants & donations |
Unrestricted funds General £ - - 1,320 1,320 Unrestricted funds £ 1,000 34,875 4,157 40,032 |
Total 2025 £ - - 1,320 1,320 Restricted funds £ - - - - |
Total 2024 £ 255,256 2,432 306 |
|---|---|---|---|
| 257,994 | |||
| Total £ 1,000 34,875 4,157 |
|||
| 40,032 |
Page 13
Reclaim Project Limited
Notes to the Financial Statements for the Year Ended 31 August 2025
5 Expenditure on charitable activities
| Wages, NI & pension Project costs Project advertising & marketing Legal & professional Printing, postage & stationery Travel & subsistence Rent & services Consultancy Training Equipment, repairs & renewals Bank charges Support costs IT support & consumables Insurance Office costs Telephone & internet Recruitment Sundry payments Volunteer expenses Fundraising Trustees' expenses Charitable donations |
Unrestricted funds General £ 73,637 267 113 4,178 - 5,071 11,833 8,478 636 1,168 441 3,069 6,479 3,759 128 6,758 - 7 7 632 299 10,000 136,960 |
Restricted funds £ 140,448 691 - - 146 4,119 2,465 12,362 123 154 - 500 - - - - - - - - - 20,258 181,266 |
Total 2025 £ 214,085 958 113 4,178 146 9,190 14,298 20,840 759 1,322 441 3,569 6,479 3,759 128 6,758 - 7 7 632 299 30,258 318,226 |
Total 2024 £ 295,020 1,538 723 9,881 1,572 15,995 20,477 46,079 2,356 7,298 422 - 7,255 3,805 270 4,543 987 1,956 185 - - - |
|---|---|---|---|---|
| 420,362 |
Page 14
Reclaim Project Limited
Notes to the Financial Statements for the Year Ended 31 August 2025
6 Staff costs
The aggregate payroll costs were as follows:
| Staff costs during the year were: Wages and salaries Social security costs Pension costs |
2025 £ 195,427 14,180 4,478 214,085 |
2024 £ 268,328 20,697 5,995 |
|---|---|---|
| 295,020 |
The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:
| Average number of employees | 2025 No 9 |
2024 No 8 |
|---|---|---|
9 (2024 - 8) of the above employees participated in the Defined Contribution Pension Schemes.
Contributions to the employee pension schemes for the year totalled £4,478 (2024 - £5,995).
No employee received emoluments of more than £60,000 during the year.
The total employee benefits of the key management personnel of the charity were £48,800 (2024 - £119,463).
7 Debtors
| Prepayments Other debtors 8 Cash and cash equivalents Cash on hand Cash at bank |
2025 £ - - - 2025 £ - 17,223 17,223 |
2024 £ 1,451 96,951 |
|---|---|---|
| 98,402 | ||
| 2024 £ 242 191,912 |
||
| 192,154 |
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Reclaim Project Limited
Notes to the Financial Statements for the Year Ended 31 August 2025
9 Creditors: amounts falling due within one year
| 9 Creditors: amounts falling due within one year |
||
|---|---|---|
| Trade creditors Other creditors |
2025 £ - 10,000 10,000 |
2024 £ 5,015 1,444 |
| 6,459 |
The only creditor is the payment of funds over to the Community Organisers Charity which happened in the months just after the year end and the final remaining balance of funds will also be transferred in due course.
10 Charity status
The charity is a company limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
11 Fees payable to independent examiner
During the period, the fees payable (excluding VAT) to the charity’s independent examiner Community Accounting Plus (previously: Third Sector Accountancy Limited) are analysed as follows:
| Independent examination Tax advisory services |
2025 £ 1,260 1,265 2,525 |
2024 £ 1,050 - |
|---|---|---|
| 1,050 |
12 Taxation
The charity is a registered charity and is therefore exempt from corporation taxation.
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Reclaim Project Limited
Notes to the Financial Statements for the Year Ended 31 August 2025
13 Funds
| Unrestricted funds General General fund Restricted funds The Blagrave Trust Bolton at Home Charities Aid Foundation Comic Relief Young Manchester - KCYPS The Co-op foundation - #our space Liberty Rank TTS Barnardo's Manchester City Council Muslim Northern Women (Blagrave & Global Foundation) Kind to Mind Total restricted funds Total funds |
Balance at 1 September 2024 £ 102,831 56,007 3,276 2,944 59,896 2,256 3,199 7,500 893 3,638 11,948 27,428 2,281 181,266 284,097 |
Incoming resources £ 41,352 - - - - - - - - - - - - - 41,352 |
Resources expended £ (136,960) (56,007) (3,276) (2,944) (59,896) (2,256) (3,199) (7,500) (893) (3,638) (11,948) (27,428) (2,281) (181,266) (318,226) |
Balance at 31 August 2025 £ 7,223 - - - - - - - - - - - - |
|---|---|---|---|---|
| - | ||||
| 7,223 |
Page 17
Reclaim Project Limited
Notes to the Financial Statements for the Year Ended 31 August 2025
| Unrestricted funds General General fund Restricted The Blagrave Trust Bolton at Home Charities Aid Foundation Comic Relief Tudor Trust Young Manchester - KCYPS The Co-op foundation - #our space Liberty Rank TTS Barnardo's Manchester City Council Muslim Northern Women (Blagrave & Global Foundation) Kind to Mind Total restricted funds Total funds |
Balance at 1 September 2023 £ 76,583 55,550 5,472 772 83,092 5,515 - 4,951 5,000 9,233 - - - - 169,585 246,168 |
Incoming resources £ 203,333 45,000 10,198 3,216 93,042 - 15,000 - 10,000 - 20,319 15,000 40,000 3,481 255,256 458,589 |
Resources expended £ (190,319) (44,543) (6,948) (1,044) (108,450) (5,515) (12,744) (1,752) (7,500) (8,340) (16,681) (3,052) (12,572) (1,200) (230,341) (420,660) |
Transfers £ 13,234 - (5,446) - (7,788) - - - - - - - - - (13,234) - |
Balance at 31 August 2024 £ 102,831 56,007 3,276 2,944 59,896 - 2,256 3,199 7,500 893 3,638 11,948 27,428 2,281 |
|---|---|---|---|---|---|
| 181,266 | |||||
| 284,097 |
Page 18
Reclaim Project Limited
Notes to the Financial Statements for the Year Ended 31 August 2025
The specific purposes for which the funds are to be applied are as follows:
• The Blagrave Trust - Delivery of the Young Policy makers programme, working with young working-class people in Bolton and Leigh to look at how to interrogate and influence local policy;
• Bolton at Home - Facilitation of Youth Scrutiny Board to provide a platform for young people to influence housing policy and tenant engagement;
• Charities Aid Foundation - Discretionary budget for Youth Board activities with a particular focus on employability skills;
• Comic Relief - Delivery of the Power Up: Full Time Fierce Programme, working with working-class young women and non-binary people to campaign on Gender Justice themes;
• Young Manchester (KCYPS) - Delivery of the ‘Keeping Children and Young People Safe’ work, working with youth organisations across Manchester to train and inspire working-class young people to lead and take part in social action campaigns;
• #Our Space (The Co-op Foundation) - Delivery of the #OurSpace programme, working with young working-class people to deliver recommendations on how public spaces in Greater Manchester can become more welcoming and inclusive for working-class communities;
• Liberty - A research project with the human rights organisation Liberty to investigate how to better attract, serve and progress working class talent;
• Rank TTS (Time To Shine) - Recruitment and retention of an Apprentice Youth Worker;
• Barnardo's funding, this was to deliver the voice and influence component in the design of our services in Salford and Rochdale, ensuring that young people actively shape and inform our service offering;
• Manchester City Council - a programme of work on safety of women and girls in Manchester including supporting RECLAIM'S youth committee participating in the GMCA Women and Girls Panel, Bee Heard and the North West Zero steering group;
• Muslim Northern Women (Funded by the Blagrave Trust and the Global Fund Foundation) - a programme of work delivered in partnership with Muslim Northern Women engaging with working class Muslim women aged 12-16 living in greater Manchester;
• Kind to Mind (The Big Give) - funding provision for targeted mental health support for young people.
Last year there was also the following restricted fund which completed in 2023-24:
• Tudor Trust - Continued finance of the back office finance function in the organisation.
Page 19
Reclaim Project Limited
Notes to the Financial Statements for the Year Ended 31 August 2025
14 Analysis of net assets between funds
Unrestricted
| Unrestricted | |||
|---|---|---|---|
| Current assets Current liabilities Total net assets Current assets Current liabilities Total net assets |
Unrestricted General £ 109,290 (6,459) 102,831 |
General £ 17,223 (10,000) 7,223 Restricted £ 181,266 - 181,266 |
2025 Total funds £ 17,223 (10,000) |
| 7,223 | |||
| 2024 Total funds £ 290,556 (6,459) |
|||
| 284,097 |
15 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
16 Related party transactions
There were no related party transactions in the year.
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