Charity registration numbor 1158065 Company reglslrallon number 08021909 (England and Wales) OSWIN PROJECTS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024
OSWIN PROJECTS
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 30 APRIL 2024
Tlie Irusloos pros&nl 1118ir lnu[lI roporl and fii)aiiLial statumonl4 lor Ihe yeili eiid¥d 30 April 2024.
Tl)i' Irusloos, wlio are iilbu diro=lors al Ilie clidTily fur Iho purposoq rjl Ilip CviiiydniBS Act 201JEi, prn8oni Iheir rp.poil
will) tho fiiianLial bldlvirie-,Is of thi! cliaiily lui 11)e ycar pndp.i'l lo Apiil 2024. Tl'e Iruslnos havci adopliiil 11)e
tjruvis nns ol Acccuril riLI f4p.partiiifj by Clidrilies.. Slrilo.nip.nl nl ReLVllilV)eIidd Prryi clirp. <??pllr.8hlo. lo c,haiil1S
prL&fjiiing lhp.ir aLLuuiils In it c.r.nrrlaMre Yiill I tlie Fjii'inriril f4p.pt)Il,ri Ji Sidiid&ird dbpliLtoblo in Ihp. UK and Repul)liL ol
Ircland {FRS 1021 letrecliv? 1 ,lanLlal'y 20191.
Conlgxt
Tl)(JfP IS £1 spnsp af hnpo. fell periTieiiling Ihp ffiniinal ju51iuv system, bill il yp.I Iii be reali¥ed. Currei)tly Lord
Tii)I11sun el ¢41 roniiin ro¢?rlive 11 is hopod th.11 WI)17 IhEv iurrenl pressiir?. Irniii rbvri'.Io%vtiiiiy I ias diiiiiiiibtried. IhLThII
will Iip.Lvnie pr(IAr.livo. I nnjc ierm %hDrtlo.miiqn) and a duublinq al Ihv 1p.nglh nl sp.i)1piices SiliLe 2013 hitvi:
$11iiifrcdnily rrfrnlrlhiilp.d ID Ilie Lurrpnl dy%liine.lionalily rfind ovprrTnsvAino in 11)e prison syslern.
SLLC¢SSi
GovvrnmRnls hlVP. wanled lo be %e.v.ii -fniiih on criii)e and Ic>iigh nn Ihp. r.a.J8es ol cri[, Ivilhu( wishing In invp.sl
In pri.srJns. ltndiicing the leriglh ol %nnlp.nces, coupled with Inllctrwing the pxai?)ple sel by NL)rway 12nd Hnllir nri Ivn411rt
be clln8idftrtibly niore Lust efferiive Ihcln bLiildirig iiiore prisngs.
Thft Srtiialion lias never hften more challenqlng. Thi4 i,$ diio lo a coii)binaliori ol circumNlI?ne.n8 from the condilioii ol
Ihe prisoii esidle 12i3rll% bBing VILlurldiil, the nvftrcTo¥vdiiig {cells desiuiiLIJ for singln op.Cikpaiiry iiow l)oliliriu Iwu
prisoi)erbl ,tJ shortage ol prisoii olliLers lind pr<)b¢11ion oflithrs diid a leiir of advor%o piiblicity wliicli creales d S
OSWIN PROJECTS LEGAL AND ADMINISTRATIVE INFORMATION Trustees MrA Lhri$p Mr P Tfiylor P Wir IkiJr Mr N Ill GDLidie Mf W l Keviien (Appointed 16 April 20241 IApiJuiiiluLI 13 Seple.mhv.r Secrelary Revere4d F J Samplo Chiof oxecutlve offlcèr Reveiend F J S11 mplo Charity number 1158U65 Company number 0802ifjor Registered offlco -rhr4 FAlal89 Offic Bothal Castle Morpelh Noilliuiiil)8rland F.ii(Jldrid NE61 bSL Ind8pendont examiner Rvbsun L.4idl?r Arr,011171anis Liii)iled Fvrnwood Hoiiso Fornvdood Road Jp.8moThd Np%vr,aq15o. ijpon Tyi)e l yiic. and Ivedr Eii9land NE21TJ
OSWIN PROJECTS CONTENTS Pago Truslee5' roport Indcpcndenl ex8niiiivr's roport Slaieni81)l L>1 firiÉ)nci*il ¢irlivllios Sial8ry)enl of lin¢iiicial position Sknlernent of cash flows io Notes lo tho fiiiaiiclal sldleinents 11- 19
OSWIN PROJECTS TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Dlreclly MenloTing Peoplo wlth Criminal Records wlth Supported Ae¢•s$ to Extgrnal Employgr6 and Trainlng.. i)rovidi19 CV Uvvolappiei)I liolp f,.nJinq Vhicjrk IliiLluding IliroLigh niir neiviork Df en)pluyur81, siippoil aLLessing rel¥vJnl Iraiiiiiiy, ¢ine, aUvlLe nn disLlusipg ci'irilii¢Jl rec.oras lu efnployei 5. Sincp. May 2U23 nur niei Ilui nidllil9PI' hab worked dirvLIIy With 77 indivi(iudlN. A6 have t>oon supuurted Iiilo elTiploymenl or Irf?ining aiid dll dd(Jiiional 31 havo beefl holped with wrilin9 LiibLIos(Ire st8lements. We ugp. Il',e rLhcihilildlive pnlentidl o, ft.mi)luymenl 8nO Irdining 10 5UPPQrt prisoi)er& and ex-vffendprs lo beLuiDc Lnnifibultjlb Iii snciely ri11her 11)dri £lppp.ndviTrls. Our lailorvd packdqe al su{JiJiirl Iiirliides Ireriloring. Iiaiiliiiu an(1 woik exp¥rionc& dLfo55 .5 eiilerprisp.s. Bdkery ai)d Cdlii 16 111 Hfvlp N()IlliuiiibLirlai)d ¢4.'i¢J d SQCOlI(I Ci41¥ 16 in Ctilhvdr<il., GrDwiii(i OLI' Mdrke: Grirdeii Jnd fhriii Slio[I 111 IIA4P NorlhiiiiiL)Etrldiid: 'InsiiJ¥ iii(J ., lai-rlqc£ioiiig. lorgblry, builcliii¢J iin(J matrilL4n<1nce %••urk rirross NE-. cincl 'Clid11ying 11)¥ nyLlo', kic.ytyle rLpciir%, m<iiiileii,'Inc.o an(1 Sdlas Irefu'rbishorll Oui SLircpss iJle 1% tpgldl.ienl In the Vdluv. Ir nd IlilPdLI nl oiir Kloik. ill a linie wlieii ¥voff.i)c.11)ci rBID.s Iii 11)e riprtp.p.as1 dl Ihoir l)iyliesl Inr ov¥r d dorirlde16 lox Prc)jeLI s iftnfferiding r¢ilp. is undrj, 4'th. IviII)iii a ygai DI ipleasel 11)e ()qwiii INV lare. iiioiid In 'walk-11)e-IVrilk', S ,Trf niif 13-corft 8lafl dcf044 maridf4emo.ni arid Lnnrdinaliori rr)Ips hAve lived exwrip.n:-.e ol Ihp. c.riiiiir1411 jiislice syslp.n). eac.h hriiioin9 invaliiable I'.XPf.rlise lo Ihftir rL)le throijgb pe.rsorial u11<rtaI]¢jin9 nf the issu08 Aiid Llidllpiigfjs li4Led hy prisuiiers aii(l ex-offondp.rs Cafe 16 HMP Northumberland.- CJ<iln 16 in HNIP Norlhumbr.rland is H f•ri1-bake.ry 4l¢ifled by a m af iJristJnp.rs, Inrl by p.xperienrp.d Calé Ivlanagier r1nd As%i%l.Inl TrMaiidqe.r. Thy. lJ¢llpJh.Ikpry 15 bir8p.rl Insidp HMP Nftrlliiiinbprl.Ind and so.rwes pnsnii %lall dl)d Ihp. iiri5Jn8 b'isilors, I:pnlre. Arid siJi)plift.8 other oijllpls Over the. 1.18,, yQc?I' ledm.4 in Ine Pr1snn have rnp.nlored. suppnrled dnd Ir¢iined over 24 people, Café 1 G in Nfrwcastle Cathedral: Calè 1 (i Ili NewLysllv Cail)edr<il biiilds a Jri(Igo ol OPaL)rtunily beliyeen Dnson lid Ilip %nrkpIaiu. Those trInP.rl in our i)risoii cafe "graduate" In Ilie Cdlhed. cl1 Cale un rplorise. Ii¥re Ihc:v cali 00111117iJe their IrKryining 811d re.Geivv dddilional 3uppnrt. We dl80 offer ROIL IreledSV nn lenipurary lic.oiicvl pldLLirncils, Ill 'Nhich serviiig prisoriefb Clr n srje.lid limo workiny in oiir Cdlhodr.Il Calv IL hp.lp acLIIiTldlisn tliniii ILI Ille c)iil%irto oiison in prepyralinn lor relv,a4n. Baked qrtrods Suld In <•1r Ié 16 In thn Lall',eJi¢il ¢irp produLe,'l in niir I IMP Nurl,iiimherlaiid silc, Sil)cp Mfiy 23. our Ne'wcdslle, GallieL'r<il Lt110. lias employod 10 pet)plp, with Lriinin.Il record diid providèd volijnteeriiiq andlor shorl Ini'in k pl¢icmen1S fnr 14 people. Inside & Out: cmploy¥ ond 1ra.iiy Iiri4on leyver% lo bnijertokc garderiing. torostry. and PfOP8ily mninlon8nLe wurk. I ho '.eaiii IL., 1dor aiid depiily leauor df<lW, on Ihcir lived Lixpni'ioi)ce ol Iho criiiiii)Kil iuslice sytilem. which yruvido8 Ihom 'hilh qrp.It I IFisiqhl Into how bp.sl lo pnqiign cl1)d support orisun IvflVPI'S. Mirrnrin9 the synp.rgy of our LJlp. those who will "qrJduiilo." frorTI oijr Cirowino ()111 fJJfden4 In NorthiinibNrlJiid L.in coi)Iiiiuc Ihpir Iraii., woYkii)q us parl ol Ih? In9ide & Oijl 18arri. Sinro May 202.1 Ihere have hfte.n 6 men nmploye¢J In Ihi% team. Growing Out- In ,luly '23 wp slarled wnrkino wilh HMP Norlhumbortaiid In rniiiaqe tlie M<?rkei Gdnjong, and we L.pp.nnrJ Ine (ir?Ivlng Oul F.Irn) Slinr> in Ihe qrniJ2rts. Open three dJys ¢1 W8ek. ltye Shop olfers vfpliiiileeriiiq upportiiiiilies and paid ernploy171eiil lo Oswiniief5, followiiiu tho niodel wc in vur ulhrjr enrerprlse Dvrii)u Iliis yoar il rtd¥ providèd viviploynieiil lo 1 Osivirinor. Tl)e shop has betiii coi)siderdbly more suLLes4fJl Ibdll W OXPg¢leol, I.. provides .') market lur prodLlCV gro'wii In tho priqon, iliLir(I wo l)avv 20 vnlLinreer Osviiniiors WL>rking, 211(1 strllb at1rd&n furnitrE Inadv in ltye woodNnrk 14e end ol the K'eek. vorkshop. Aiiy uiisold proLlaLu Is donaied lu Aml)lo foo(J Bank at Whtilov8r palliway is 18ken, the Oswln Proioci piovid8S 8 IBilorgd packLtqe nf 1.1 suppor. and mer)loring. Where i'v@dq 'all ouls.,drJ oui. arvii al exDertiSI), lo.rJ, l)uiJ8ing, ii)¥iilJl hftallli i wark with K)drliier nigAIiisL41Trun% lo assure tho besi po¥siblo nelw4Jrk Df suppvri. Ckir DfoLess s long term. typically workin9 voilli iiid,vidiJals lof uvor 6 moiillib. goal for users 10 yr()gress Io Vfyploymeiil uulqi¢o ol I11& O%wiM Pr.GI. hawng gdintxj 4he necessary peisoiidl ¢ind S.11& dvvul0p1ir1I lo roniain employed ¢ynd avoid reollending.
OSWIN PROJECTS
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
Chang•ng pgrcgptlons
eiihdnco tho Impacl ul uur work through tsvonl% aimed al advuL.Icy tind creaiing oppDrtLnitios.
Social impact
Our LIiLin15 <?re siippvrled by oiir mei7iof mangrtrr. loaim leaders #ind vnliinle&fS i'iiih relcvr1nl nxperience. Our rubusl
iyoriiinring and etraluijlion prnr.ess is LonliniJ¢illy rei'iewed Jiid dpvplopeu, Ii
OSWIN PROJECTS TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) ICONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Funders April 2(i23-2024 Thanks are owed ID (111 oiir prlvala donors iintj lor lye grcinl% rftroivnd Ifom Ihe lolloiving.. Wur?iliiyliJl Cornpany of Weavvrs. Hdijrian fiust. The R3nk FDundalion, Tu(k)r Tiusl, Chrislophor Roivbolham Lharilil)lo Tru81. The. Venlièril Sislers Norta slo.it rls Wine F3rm Coii)'i)LJri,,ly BeiiLlil Fund. Lloyd% k3ink Foundrllinn (or Eng11f Fl(1 & Wa;'es. Pldlluii f¢JlTiily 'TnJsl. Brnir,In.y Tfusl. AILlieii)y Trus1. Illyrs1)Iplul Compiny ol CJragv.r% JrJmp_% Kiic)11 TriJl, .%ydiiey BlilLk CliJri147blv Trijst, DiAna Ashc.rofl Clii4111dblv Trus1. Tudur TrLJsI. V1r rrjy Fnijrdalinn, CLA, VVA ridley Trus1, Clisrlvs Hdyward r.oiindalion. Beri)ILd. Bdibuur FuuiiLlaliun. rtiold Woslon Trust, Reserves pollcy Tli6 Trtisl¥es pnliry 18 lo hold 3 1))onll)s operijtion rn8ls in ¥ft%nrvft. froe resèrves ol Iliè Lliaril¥ iurrently slcinij al £97.3211 The. C)sivin Projerl vrfould like lo Ihii nk Ihnso wlin hilVQ. sn g?.iip.rously Qiven fincinLldl SUPPOfl over Ihp. year. Ilrfp. sJr.biBvftd 4iiff ir.ipnl fji'aiil lui)ts'iiq lo cover Ihn r.nrp. r,nA14 nl oiii. iiianagemenl arid iidrriiiiislrdliun, in addilion lo Ihp rK)sls t1%4nr.l¢iled wil11 1l)e ri411fJe uf i)clivilie8 li%lo(J. Rlsk managomont Tile IrLJsli>e% h47VP. ti duly lo Identily cind feiYiL'w Iho risks lo whicli the charily is tsxposv(l and to SUrE appropriiilc LOfilrc)15 .Irr In Piricn lo provide redbonablp %siJfflnro rllJclinsl IraLid an(J error Tbxe LtiJrily hils Jdoplp.d <1 ri4k rryJnqqp.mpnl 8lrHlegy, The risk rriL41)dqcnipnl %lrÉ?Ipgy fnnns part of Ilie Chanly'y overall Inlern.'Il r.nnlrol :,IriJr.ILirp. antl I:ryrpnrii lp. grJVP.rnance arrill)qen)L'-, I -.Irrilo.gy provi(les deliniliuns ol rule'Janl lerminalngy 1nd dvl.I,l., respon%ihilily rind accoui)tabilily iyilhiii I.tr I'hiirily. The slralegy dlsu desLribes the rn?naqpmrJnl pror.pss, inr.lulircJ Ihp. idp.nlilirlI linn ai)d n)easuren)?nl ol riBk.s iinrl Ihp. main reyorliriq arv&nqpinpnl8. lljvk ippp.lilv is Ihn torm iivp.d I ,p.Inrmino ihe amoui)l ol rlsk Ili1111-.. Ipiirapririlfi for the Chcirily. Structure. governance and maiiagement The Lharili is conlrollv.d hy ils gnvornin J docuinenl, a deed nf Irusl, 1r nd r.on%tituleq a liiniled coinpany. limiled by qudrtlfilee, ils defined Dy Ihc Gonipanies ALI 2006. The liuslees. wha Iiro alqo tho 6'ireclors lof Ihe purnose Dt Gompany law. and wlio served duriiiq Ihe year und up Its 11?e diilo ol dSignnliJre ol the finai)Lwl slJlempnts woro.. A Cliriso Mf P Tr1/lor fvls P Walker Mf F. Coi)r'ur Mr I l Hun)?le M¥ S Riilidrdson Mr N W Goudio Mr W L Kttent)n IR¥siqiied 31 March 2(124 (Resiqncd 2 1 So.plnmbnr 20?41 IResignÉ4d ?.) .Iiily 2n23) (Appninlod 1 fi Ai)ril 20241 {Appoinlod 13 Sepleniber 202JI Rocruitmont and appolntment ol ncw tru8loo8 CCc15ionally il is i)eLessiiry lor Ihv. ('h.Ifily lo recruit i)ew Tru."lee Irj rw.pl¢lr,p. Iho-.IP. th<11 hi?vc. re.signed during 11)oir ierffl ol office, or tiue to ti plrinnp.d rp.liremei)Is afler Ihe I:(Implolinn nl IbD. I xftd Ihree.-year Term Ilhis Lari be extei)d&d by J Ibrlier .1 yoir rs wilb BiiarG' dppfuvdl,, KKppu'nlTnpnli) ii rv mci(Jo lo lill Idei)Iilied skill iieed. willi CV scruliiiy then following inlcrviow procedures L"onduclpd by thn Ll)air ot Trustees, CEO and one olher Irustee. Organisational slructure Tho Charity Is qoverne(i by fd f)t Truslees. Tlie Board iiel$ a miiiimurn ol fcxjr limos r1 yoa¥. Qf is rnqiiired, lo deal i%'illi ari5, specific ig.suos. l'e have esl8bllslied sub commillov8 r.nvorin9 Finance & ALI(lil. fv1arkp;.In(i & Cot7llllLiI)icilion%. Gnvnrnanro and Social Iii)VdcI. Each Irii41?p. 31sn haq r)vp.rqilp. for an ei)lerprise. Tru slees Iiold resporTrsibiiiliiis fnr IhAse differe41 areJs arid rep<)rt tho r findings and rer.ommen(iaiionb al Board nietsliiiqs. The In(IuL'.Ion rraining ol Trusiees is Ilie respons bilily nl tho Board ?i)d is arTai)qed url 81) Iiidivifjudl UT LolleLlive basis r1s 1r ppropnate
OSWIN PROJECTS TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Concluslon Nki¥i&r Ihts Oswin Projorls work hpp.n morLI Imr)orlaiil. To anyoiie invulvort in the dy%fiincliui)al Cniiiinril JiisliLe ysleiii It Is obviOUY Ihal 11)e curronl slluL41ic)ii is not sustainable. Tlit) 08wiii Piuiecl holps ieduLL 1119 hoi Iiuust) elldL".l ul prisons wlittro crime Is c.ijlliiialerJ rather Iliaii reh?r h.lilaliori. DerJp.ndeiiL/ 011 the third seLlor lo neqal¥ the urs1 ciprosses ul Ihi$ 8iILialiun is Ineiiilkibly increa%ii)q bec.aiise sldlulciry Dod LS C¢lnnol cope . Tho Oswin PruiLTLI iq i)ow in slrony yo%ilion lo .rilluiince IIIL Jg(Iiida Fli HMP, Nnrthiiiiib(Irlrind ai)tsl beyond Th& tq151ees' report was apprnved by Iho Board ol Trustees. P Vl&lker TTu$lee Date,.
OSWIN PROJECTS INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF OSWIN PROJECTS I répor lo Ilie Irusleos on my gxaniil1alil ol 11)u Iiiidnci1r l %lir lomo111% ol Oswin Projects Iilie ¢arIlY) for tl)e eiidvd 30 April 2024. Respon5ibilili0s and basis of report As 11)e IwsiLscs of che. e.haiily land also Ilv dircclnr.., Inr Ihp. piirposes of conipanv lawl you JrL respo111blL for IliL' prepJrJlinn nl Ilip. Iiiiaic'al Slileinvi)Is in *W,rA]rd¢irr.n wilh the. requireniernls of Ilie Cumpariivg Act 20(Xi (Ihp 211(16 Acll H1r ving Éalislied mysèlf th81 tho Iinrinc.Irl18lalemenrs of Ilie chdrity are nul rcquirod lo bo ¢11Jdiled (Indor PRrt 16 01 lfvi ?fin6 Act and ar¥ tsllgible far Indp.pp.ndenl examiiialiun. I repurl in ri.'%pi',r.I nf niy QX1r minrilinn of Ihp c.harity q linrlnrial slAlèI?)erils (:drripd nLII Iindv.r section 145 01 Ilie Cliarilic.% Arl 21111 Ilhp ?n11 Acll- ITh rarrying Obl my pxaminalioli I Iidve lollowod r111 Ihp 1¢ ppIiLaL>le DireLliuns givun by Iho (:hArity Crjmmission under seciioii 145I5llb) of Ilie 2011 ALI. Independent examinoes statement Slnre Ite "harll5' E grnq& irr.one exceeded £250.000 yoijr QXAminAr m1181 be 8 mamber of 8 body Iisled In séction 145 of Iliv 2011 Acl. l oonfirm that l illll Uudliliod to und9rlake Ihe exan'iiialioi) L)eLaLise l 8 iYiefT)ber uf Ill A65ULldliun of GhHrtoro(J Gertified AcLourildnls. which iy one ol th8 Ilsied bo¢Jies. I liyvg complDlod niii exaiiiijiiillvii. l LL)nfifm that no niatters have coiiie lu rTly ylleiilluii LunnLLtior, wilh Iho exiiniiialion gilling Ine cause lu beliLVQ Ihi)I In Any iiiat81ial 1'8SPeLI'. .Ir.r.riiJnling rocords we.'e riot kpi'.l ..p re.,-,iie.r.I nl the cliafily as requ.red by section Jtlb ol Iho 2UOE? Arl,. nr Ihn lin.Inc.Ilr I slalenienls ,J(J nnl t?r.rnirt wilh Ihose reLLITds, ur the f.nanclal Slcltemvn15 dti nal c.ornply wilh Ili¥ aLL'uuiilSnq requirernonts ol sectlon 396 01 the 2006 Acl ollier Il)(El) ai)y reiiuirernenl Ihi?I tha accouiils give d Irue drid fair view which IR noi 1r mailef considored as part ol an ndepei)deiil examin?r linn,. nr Il)e liiianLi81 stsJlv.tNp.nls have iiol bven prppiirpd In ¢ir,c.nrdwr GO with tho meihodg and prinupleb of tli Slu'.einenl of l£p.rnivnicnded Pr¥Ll1e lor .?rr.c>iinling nd rTrgOrt•nfj by cl)atilies dIlCdtr)Ie Io Llidriliey preparing Ihnif r1r.c.oiinls In 8cLordanLe with Ihf) Finaicial Réportiiig Stai)dard appliL£ible in Ihe UK arxl ReouDlir ot Imllr nd IFRS 1021. I hiive no mnr8rns and l)av¥ Lume ¢)rrosq other n)allers iii iOlilleLIiuf i %villI '.trIc CXi?mintitior, 10 which Ilonlion 'huuld bo drawn In Iliis rvpL)d in ordor lo onable a proper undersiaridin.4 Ih(: fini)lll:Iqt I sl¢11omon15 to bo rrjachod. Niclolas Ciinniiiqh¢?m FC('A Robson Laidlor Accountant$ Llmlted Fefii%vooe Hc)usft Fern¥vood Road Jesrnun Npwr•<?8llp. kjpon Tyiie Ty0 tino Wear NF? 1TJ EnG18nd
OSWIN PROJECTS STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 APRIL 2024 Ciifrent flnancial year Unreslrlcled funds 2024 Reslrlcted funds 2024 Total Total 2024 2023 Notes Incomc Ebnd endowments from.. D%JnJcior8 and leqacies 0117pr l.".2rting activities Invc51Trenlg Othr.r Income 191,132 3r)1.fj1a I,f570 2,2<Jl 37,000 228,132 351,510 1,810 2,291 340.717 .32 *.(iHII 3,81111 Total Incoffie 37,000 583.803 666,?05 Expendlluro on= Cli&."ItHblie acliviliès ProjeLI dIid runnin9 rKJsIs 615,852 33.4511 649,311 525.237 Total expondlture 649.311 525.237 Net niovement in funds {69,049) 3.541 165,5081 140.968 Reconclliatlon of funds.. FLJrd bdldll LS al 1 fv1ay 20?.3 253,578 80.781 193,391 Fund balances at 30 Aprll 2024 184.529 114,322 268.851 334,359 The sltqlomAnl ot rinancial acllvilies inrliid8s all gains and Ioss85 rftcogDi8Rrt ip the year. All inconie anTJ expendllure derive frorn conliiiuing aclivilies.
OSWIN PROJECTS STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 APRIL 2024 Prior financlal yoar Unre$lricted funds 2023 Restrictod fund& 2023 Total 2023 Notes Incoine and endowmonlB from,. OoThaijyiis ind leudLleS ()Ihef l.ading aclivilie.s Other Iiicome 211,368 .'121 ,6LIts 3,800 129,349 340,717 321.688 3.80L) Total income 129.349 Expondltufe on,. Ch*ryriTJNe aLts'vitiès 482,023 43.214 525.2.37 Total exponditure 482,ll23 43.214 5?S,237 Net Income 54,833 86.135 I40.8 Tr<iiislgrs belwvvn fuiids 5.354 15,354) Nel movement In lunds 60,18T 8Q.7A1 Rocon¢lllatSon ol funds,. Pund l)ali4riL42s al 1 Klay 2022 193.391 1YJ.191 Fund balances at 30 Apfll 2023 n,701 3,34.359
OSWIN PROJECTS
STATEMENT OF FINANCIAL POSITION
AS A T 30 APRIL 2024
2024
2023
Notei
Fixod a8$Qts
11
87.201
82.9'.59
CufTont a$6•ts
slnc.rfs
Dphlnr8
Cir sl) al baiik 8nd in harbd
12
13
9,613
64.931
182.536
230,297
257,086
282,686
CredltorJ= amounts falllng due wlthln
one ygar
14
{75,4361
131.26GI
Not current assets
181.liS0
2af1,42L)
Tolal assets less Cufreni liabilltio$
268,851
334,359
The funds of the charlty
RA%lri¢.leLI illLUfne funds
Ui)reslriLIEJd luiids
16
17
H4 '.112
184,,5?9
80,781
253,578
268.851
334,359
ThA r.c>rnpany is 8nlitled ID Ilie ex?mplion Ifnm Ihg aiJ¢Jil requiremei)I Ctsnl
OSWIN PROJECTS STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 APRIL 2024 2024 2023 Not61 Cash flows f rom operating aclivltles C¢ish I tihsorbed byl,'generalert Ii'om 21 {29.1011 141,119 Invasting a¢tlvities Pvrchc759 ol lai)uibltr Iixed rl8sels Prnr.D.C.Lls Ironi disposal nl Iqll)giblè fixed r $501s Invesiniei)l iiicomp. re(*ivèd 120,530) {30,064) 3,600 1,870 Net cash used in investlng activili98 1: 8.(i601 {26,I.64) Nel cash u80d in flnanclng actlvlties N&t {d0¢rèasellln¢roaso In cash and ca8h èqulvalènls (147.7611 114,855 Cash ai)(l LdSI1 equivalents al beuirining nl ypar 230.29'1 115.442 Cash and cash eqijlvalents at ond of year 4 82..)'.4f> 2311.297 10-
OSWIN PROJECTS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
Accountlng pollcles
Charlly Inlorniallon
L).sviin Proierl¥ Is an Ir,rorporriled cI13rily Ich¢lrily number 11580tiS1- I h? fngislerad office is based ¢71 I ho
.51ales Office. BoU)al C1T vllc. Moipelli Northumtitrrland, NE616SL.
1.1 Accoiinllng Convontion
The finanLial sLileme.nis liavé been prv.pHrod in accordance ivilh tho charity's oo'ivrninq doeump.n1, the
(JoNpanies Act 21111É> rlnd "AcLt)unlinii antl Roport no by Cliarilip.s.' %lrllo,meiil of Recommended prilr.lico
,Ipplicable lo c.11rilifts Pfepari".4 Ihpir tir.counis in ¢Jcoordan.;ft wilh 11)e FinanLial Rppnrting %lt1ndaro
IppIiL(IL)le In Ihe UK riiid Rek)ublir af Irolciiid IFRS 102> lett?.c.Iivo 1 Jcl1'Llaiy 20191 I he r.ht1rily is ti Pvblic
Beiiefit Enlily ns ¢olined by FR5 IU2,
The financiil181alemenls are propared in slerlinq. whirh is the ILillcitOli&?l Ltsrrcncy nf Iho charity. K,loneIY
amounts In l.4ese financial 51alnfjio.nls are roundod lo Ihrj nfiarp.sl 1.
Tho linanftial slaleiiivn15 hlVA been prepufvd undftr Ihg hisiorical Lotsl convDnlinn. The pnncipal dCCUUllting
policies adop1 sel ovl below,
1.2 Going concern
Al It)e Iiiiiy uf approving the Ili)dllLldl slrilemenls. th8 iruslves h*iV8 a re¢lsonable exyeLldlion thrlt the -.h8rity
h88 ad&t4UBle resnurcos lo coiiliiiuij In np•.r?r lioiial existence lor thTr foreseeable ILilure. I hus tho Iru81ge5
Goniiiiu¥ Iu ddopl tho going conLern basi8 0! accoui)lin4 in prvparing Ihg Iliiancial isialemenls.
1.3 Charltable fund$
Unroslricled funds aro avail8bl8 for use al tho discrelioii ol Itr liusle04 in liirth81'8nce of t111r charilablo
nbiociives.
Reslficlod funds are subivcl lo spficilic condilions by donor5 or granlors as lo how Incy mr1y be used. The
purposcs ir nd uses ol tlie re%lrir.lod lui)ds aTe svl OLI In tho notes lo 1118 Iinanciiil %'¥iltnrn(2nls.
1.4 Income
Iiicume Is recognised wl)vn IhLi chi1nty 15 legally dnlilled lo 11 afto.r r1ny pcrf(IrmanLe Londilions hFJVO bÈon n)el.
IFie amount8 ran bo measured rp.liHNy. and il is probablp that income will be reLeived.
1.5 Expenditure
I Ir11iililies dre recogni%orl as exyendilur(J a$ soon as there Is a legal ni. r.ni)%li'iiclive oblioidlion corntrilliiig Ihp.
c.h8rily lo Ihal expfrndilure. Il is prtyb,1blft Ihal a 1raiisfer of ecDnnmir. tye.iielils svi.'l Je required in 5v.Illo.rnonl and
11)e kSlTlOUI)'. nl itr.o obliydlion tn ho. nii.,aSLired relidbly. Expp.nailiii'o is aLu)uiilvd for on lin rirr.riilr Is tMSiS arid
ha bopn r.It1ssifigd under olain09 thai 8utJregdle rill r.r)81 rolalod lo 11)e L
OSWIN PROJECTS NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Accounting pollciès Icontlnuod) 1.6 Tanglble flxed ass•ts T&riqible fixnd %SV.t5 iiro ini111c Il/ 'i)easvred al cost lind 8iibsoqiiftnlly m8asured ai cosl or valualion. npl ol éeyr&ciallon and impairment loyses. noprocialiDn is rea)gni¥ed &0 as to off lh& cost Of valudliL)n of 41SSQts l(J%s thpir rosidual vtiliios over Il)eir 118olul lives oli Ihe follL)WJnq hn" Pliiiil Jrid Bquipment lulor VfJhirles 10Uh htrBighl lin8 25./0 re(luciiiu ba18rice 1,7 Impalrmènt of flxad assots Al 8dLlI i¥yurliiig tjnd dtiln. Ihp rliajily reviews 11)e carrying Arnnijnlq nl ils laiigible ayselb Itj del¥rynii)e .Iielliei Iliere is any i-.rlied<iliOli Ilicil I1liSe dssels Yavp Siiffrro.d Ali imi)ainiwi)I loss. 11 ui)y su,'h ndcdlion e.xists. Ihe recovareihlo rimniinl ol Ilie asset is eslimwllpd In nrrtftr In rt&ièrwine the vxlenl ol ihe impalrrnpnl losq lil .Hny). 1.8 Stocks btocks are staled ai Ilits lowL"r ol cost and e91in)aled selliny price ILaSS costs lo complolo 1¢ nd sell. 1.9 Cash and cash equivalenls Casl) and casl) equiviile.nls inr,Iiiilp casli In Iiand. deposits hp.ld .71 rql11 Viilh banks other shorl-lerm Ilquid Invesiniei)Is will) ()rlginit I mAliirilip.c ol Ihree months oi loss. and bank ovei'dralis. Bar)k ovefdralis are shown 'Ill)Iri borrowing5 in r.IirrAnl Iiabililies. 1.10 Rotiromont benelli¥ '.iyfftonls bo defined contribulion r(Jllrnmnnl henofll schemes are chdrqed as An oxpvii8iJ ns Ihvy li111 due, Income Irom donatlon8 andlogacles Unrestrlcted Restrlcted funds lunds 2024 2024 Total Unrestrlcled Restrlcted lunds funds 2023 2023 Total 2024 2023 Don4)Ilnn% Hno gifts 29,081 29,081 199.051 31,723 1 Iy,64r, 122,718 217,999 37.000 JB,354 191,132 228.1J2 211,368 129,349 340,717 12.
OSWIN PROJECTS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
Income from other Iradlng actlvllle5
Unrgstrlcled Unrostricle
funds
fund5
2024
2023
Gcll'dttriing aiid IlldirilenanGe
Calliedr¢il Lale
HlvlTrN C.Ale
Qiticr Incoin
115,422
13J,UU2
102,11fri
103.099
125.904
Olhor If
OSWIN PROJECTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 ExndItrÈ on charitablo actlvltles Chorltable a¢livllies 2024 Charitablo activities 2023 Dlrect cos Slgff cu%ls D¥pieuialion anrj IIYpil,rmenl Rvp.'Jir%i Ind renewdl InstJr1r nr,0 Pfvmisos aiid ruiiiiirig costs D?rnri?Iing project r.051s Bi1kpry proieLI Losls 1orilhgdi.81 pruiecl rKJst 439,370 16.268 4.14U G.'.19'.4 9.146 322.6(18 ?,4?7 11,250 23.271 96.150 JO.402 114,317 16,06g 625,444 JOI,371 Sharè of support and govarnance costs (sae note 71 Support 23,B+i7 23.866 649.J11 525,237 Analysls by fund Ui)resiriLled luntJ5 ReblrjLIL¥tt IiJnd4 615,852 33,459 482.(J2J 43,1.14 649,311 J25,237 Support ¢08ts allocated to actlvilie& 2024 2023 Telepl)one Priiiliiig and Ir dvort15ing Lpaiil <ind professional 1nilo,rypndl exdiiiiiiers Iftfis Gonr4fal I,Q33 1,567 1,219 5,913 1.Q77 11.786 23.866 AnalyBOd between.. Charitable aclii¢i118S 23.861 Trustees Nuiie ol the tru51ees lur any persons coiin&cled wilb them l iecefved ariy r8munofDllon or benefils IruiTI Ihe chciTily dunnfj Ilie ye4r. 14-
OSWIN PROJECTS NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Employ•e8 Tliv Ejvorlr ge iiiuiillily niii)Iber Lil ernployeeb during Ihg yvcif iVdS-. 2024 Number 2023 Niimber Klancl9emEnl 0.hef 21 17 Totsl Employm•nl costi 2024 2023 Wir gF>s ai)(I salari08 So=l¢l1 security costs 011181 perision costs 401.87tJ 24,825 6,667 299_810 17.232 5.566 4:It3,370 322,liQH Tliere were no en)ployeo4s whDse anThJal remunerAlion was t7iore7 Ihan 160,000. Rernunerailon ol key managemeiit personnel Tlie lomun8railuri ol koy n)antOonI personnel Wr18 as follows.. 2024 2023 AgDreodle Lompfjnsalityn 1J3.144 135.713 10 Taxatlon ThL' ch¢1rily ib vxempl froiii IdxJlion on ils aLtsvilios bocaLise dll ils inGome is appliod for charildble yurp050S.
OSWIN PROJECTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 11 Tanglblo flxed assots PIHnl and •qvipmonl Molor veliltlo$ Toial Ai 1 Mai 2023 Artdilions 7fi,843 38,486 115,3?9 At 30 April 2024 38.486 135.859 Deprociaiion and Impairmont Al 1 Mr?v ?n?3 Dvprocialion Lliargod in tho yoar 26.1119 8.239 G.371 8.029 32.391) 16.2t>il Al 39 Apiil 2024 34,258 14,400 48.65 Carrylng amount AI 30 April 2024 63.115 24,086 B7.201 AI 30 April 2023 50,824 32,115 82,939 12 Stocks 2024 2023 Raw maleriii14 ¢ind con%iimables 4,3,248 13 Oebtor5 Amounts fE4111ng due withiii one year: 2024 2023 I r¢lilo deblors Pr8payfiient8 ir nd aLcrued ii)curTie 111,268 11.1103 31.138 64.937 39.141 14 Cr•dltors'. amount6 lalllng due wlthin oiie year 2024 2023 Olher 11r Xtilion and *nclal security TrdLILi credilors Other Crediiors ArrAiials dnd dfr41eireLI incnme 41.429 ?0.036 11.771 2.2nn 2,114 26.211 1.141 I.ORQ Jl,266 16
OSWIN PROJECTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 1 S Rétirement benofll schames Deflned contfibution schomes 2024 2023 Charge lo prolil or loss in fespeLt nf dèfii)ed rniilribtiliuii sr,hp.i)'es 6,667 5.56G Th¥ Lharily opvr&les ri deliiied rLinliibulinn pensivii sch8rne lor 811 aiialifyiiiy employogs. The assets ol Ilie scl)eiiiL+ iiro h431d separ8lely frum Ihose ol tye charily 111 un liideilde171IY rld'iiiiiislerod Iui)Ll. 16 Restrictèd funds At 1 May 2023 Incomlng r•8ources Resoitrces expendod Transfers At 30 April 2024 Brikp.ry fui)rl 1on'.or fund PI0[lI rAinrdinalor fltrnd 'elIbeIng luiid 25.000 2U,000 17,000 {17.52,11 14.7441 12,256 986 9116 flO,781 37,000 133.4r)g1 84.322 Prevlous year.. At l May 2022 Incoming resource8 Resources exnended Tran&f•r5 AI 30 Aprll 2023 Elakery funtl Moii'.or fund Caiiivdrit I lund Wellbcing fund 1'.12.?001 I'o,0001 11,0141 54,795 15,3541 2,000 986 129.349 43,214 80.181 Reslrlcted lund$ Bakery lund - This fund repres@nls furiding recejvea tor thè dgvelopmeiil ol Iho new bakery and lor the ruiining ol the Liifo project, Monlor fund - fhis reluloq lo ILiiiding roceivL¥d Irj pay waqc% .Ind assoc.Iilftd COSIS Iow*irds the mnloring prniecl. Project coordlnatof fund This relale4 lft fundinq roc¢Ved Iowf?rds waqe5 on iniroducllon ot a new COOTdinalor role. Cathgdral lund This repre8on15 lunijing ceiVed lor Ih@ Oèveilopmenl ol Ilie nfjw cale, Wollbèlng fund - Tl)Is rL'proserts' d ono off tiidnt rTrcelved IDWcirds the véellboing of dnd vTrliinieers. 17.
OSWIN PROJECTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 17 Unrestrlcted funds Al 1 May 2023 Incomlng resources Resoiirces expend8d Tranyfer5 At 30 April 2024 Ganor31 lunds 546,Rn3 1615,Hfj21 184.529 Prevlous year,. At 1 Moy 2022 Incomlng rosources Rosources oxponded Trtsn5fers At 30 April 2023 Geneidl lunds 193.391 536.85fS 1482,0231 5,354 253.578 18 Analysi8 of net as5Qt6 betweon fund$ Unrèstricted funds 2024 Restricl&d lunds 2024 Total 2024 At 30 April 2024: Tanuiblp. assets Cur'onl asselsl<lir1hililiesl 87.201 97,.32 87.201 181.650 184,529 84.322 268,1141 Unre5trictgd lund$ 2023 Rèstrictod fund8 2023 Total 2023 At 30 Aprll 2023: R?.939 1 70.639 Curreiil As%(¥lS2(Iiabilitieql 80,7B1 251,420 253,5711 80.781 334.359 19 Relatod pDrty transactions Dunng the year. tho c.harily L'mployod Mrs C Chrisp the spou80 ol Irusiee Mr A Chri5p. TIIL. umplaymonl Is ori a normal coiiiinv.rr.Iril basis. There were no other reliiled party Ir£ins13rllons in the year to disLIose. 11J