Ch•rtty r•Bl8tratlon numb•r 11647231Enol•nd •rbd W•l••l
Cthwny r•9l•traUon nwnb•r96Z6510
SMART WORKS READING
ANNUAL REPORT AND UNAUDrrED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

SMART WORKS READING
CONTENTS
P49•
10
12
13-23

SMARTWORKS READING
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
T￿ Tru8te8s, whp •r¢ o1¥0 fv dirodry¥ of the chwty fc¢ th8 ofth• CtywrMesAct. preoenl tw
reptrt lojelhor ￿th Ihe Kcojnts ol V¥c*ts R*8dThJ er￿ 31 ktsrch 2025.
Pr•rUc• on'Att￿JrfIvJ Ryrtng * CharW' 2019.
sm￿ Wcrfks Re•Yinq ￿th tarll￿ and to8thrvJ. 88 •$ hyh qu•lty Inwryi•w
dothts and Styling •dTrA¢• to Wrfflon. We th• ¢ffifid•n¢•. sell￿￿91 and rrt¢bC41
Th• thathty's objtdiv*s •r¢ the relol ￿ fm•nci•l h&thhip •nd th• rdv4f of utwmpW)enl ihe pubfi¢ benatm
through thé y¢moliw of mdepend8nc* •nw Re•drf¥J thp surrtrthding 8r88. To delwor
this. Sm•rt Work• R88dlng was ine4ywawd in 2015 *7th • L*ar 8nd 10 hdp mre vrt•Mn back mt
th• wrykplace by thèm tho doth￿ •nd tho cwfthca ty n8•d 10 aUCC88d 81 Job Illtew¥. Sm•rt Wr¥ts
R••JirvJ1s w1 of• n•hvk ofolghl ¢hWity￿￿ot d•l'wr tho Smartwtyks th*r or•8.
Al ￿ trye rl ow seTht• Is 8 trwtrhtyjf •n¢ Pryrakn wptynlmonl. dursry tr8ch women
r•¢•N•8 a tyJtTht doth05 wnd acc•ssr￿ I1￿4r9 to k••pl and laik•r•d on•4¢Trone Into￿￿￿
ry)athln9. Thls decepb%* slw$4e. 51Kyt ml•N•nUw ha$ g swthcani knwact 8$ d￿nts slart In Ihalr
r**n 8L4ty to lucc•￿. Onc• thfyy g•1 b)• Job. offor a SIKC￿d Thxre djthing. lo wwde q
wotkillg V4¥drt)b• lo 8•0 IIK•m Ihr¢)ugh 10 first pty cw
8•8sth• 10 offor iuppm to yin intthim. Thi¥ ffl•y b• •round CV pr•p•rnt*)n, job oppl'catson
9Th￿•r th*1 m•ich th•k TNS •¥tt¢ ml¢• h•¥ w•n hw r•c0nl yoars as lh• lob
A8 Part 01 the Smart Woth8 Grw, ojr SW•t•g￿ IcoJ• is lo 08hwr ruT (u• and IniéMty* sg1vic•
io th• btti si8ndard I¢￿# fv UK aThl 10 18ke rt 10 I¢x41boM •ny wtyn•n *tK) need8
support Gwn com• lo Sm•rt Wtha. In tho Ibt• of tho c4xt￿4￿n9 tth. ¥•￿9 gl 5•wnn9 olob has boen
gr•al•r. Our ¥upport l¥ n••¢•¢ 110w mty• tr￿ •vw. y•w w• ¢thpknl•d wrlhr••w••r pLgn. ¥thlch ¥1 • &rg•1
r••¢hlw 10,C(Kl pw y•w. •¥ w•1 •5 wp•¢t• sJ8lwry. K•y Imw¢ data l•
lo.6￿ supw1•d m 2024125
12 centros dolwtnng 8•rth Kross tho UK
61% of Glents 8•cur8 a I(￿ Wlhin Imo ffwlh olll* wprAntrnw
57% ofour dentB ere from trackw￿
16% 01 our t&ents hav8 8 dis8blity
49% of wrdienty
59% ofwdienL• 898 2&29
and In¢roased awwon8$5 ol ¥bLYk th Ihè k¢al 0￿￿ty. l)Jr pwfv)mirni kty KPIS r•llacts th•
dodic40on of our itram. Ihe strew of ow ref9￿1 ￿rkn*t$h￿￿. and ￿ grU￿ry rec¥)gnthM of the Smart Wolks

SMART WORKS READING
TRUSTEES REpoirr {INCLUDING DIRECTORS. REPORT) ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
C•rnor Co•¢hiNg vias a area ol in 2024Q5. W8 eMceoOtrJ aMu81 tty by 249 8ppointmorl8
- • r•laciknn of Ihe eff￿ m*Je lo referr81 partneis. yrtbjlath hxa Jci)
can￿$. This fouJ¥ hos èlw u5 lo al Oni ¢lnè8d, offomg 8WPtyt and guKlanc4.
r fc¢ Inifft* Coethlng WO8 374 •pFonkn•nls- •thkn'r¥J 75% 01 ow
l - Ihkn rema1￿ 8 resum In a chaknJlr¥J ctht•xl. tt 450 *ns •c¥ous the Smart Wrrts
In￿8￿1 ￿th Sm•rt Wths c*ntrgs lh• VK. I￿r Ma￿ cons*lar￿ a*$ ￿ling
Thli y••r m•h¢d • Éi•p charw in sm￿ Wcrts R••dYffj •ry•g¢s th• cunmunity. Th￿Ugh
In arnB$ th•1 •r• dfftutt to g•MI •ngagerrrfnl b*￿ule 01 • Valiety of bwri8r¥. W•'w ￿r0 to •Juut•
p•rtnm And 8i*ehobJ¢rs tho Sm•rtWr*ks 011•1. 8nsur*ig mNo f48 felorrnd 10 UI 81 th• f*hl tsm•.
Thh grv•Ang w$ibHty ￿ b•9thknVto ply •pyr•th ¢wr IC* ann￿, th• r•¥uh•
Hlyhllghts
tmrd• •n bY•rvl•w
. 8wn gral•fvl for ￿pE￿I01 ty4•r ¢l•knrfrMJ fv ¥wk•.
. Contsnu•d to r••¢* *trfJ IK* 4nK*•nl •rry*￿n0n1. Smart tk•nls ar•
moslty W.l•m hw• axpw*thY npO￿od t•JOd￿ni kn mufaF4•i00s."
. 47% have bo•n repct•d I￿n oyw 20 W. 28% ha￿ bBBn rnJ•cl•d fmm SO SS% h•v• t•8n
. 31% u•
. 81% haw • d*th"kty
. 41% are •tsic N*th%ty

SMART WORKS READING
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 AIARCH 2025
,iienl Bac-kgroufitt
SmArt Work8 R•*1￿ h•1 h¥d q rna￿•d (Ml•ty• •hJ ￿n91r￿m•1￿. Th• d•p*rtur• d f￿r
Fundr•ising L•4d lor on• Maffl member on m*•rnity l••¥• and anolh•r Ioawng Ih• organlutlon.
s&nincaniiy Impathed oui c4P8city. In tt* Tru*¢w¥ slepped up admlr*bly. h¢lpin9 to malntsin
owniial s•rvw •nd lur>Jr*¥ry duiing 8 bme of transl￿on. By Nrweth. wa h•d
¥ucceufuly r•wtt•d • br•n&rw to•rn. ￿l￿￿JM •nd ••ldng th8 fw Mntrw•d
supp¢rt cwr yrvlcés. Tb•$8 *￿nts 480 help•d r•￿ ow pubhc ryof4• aIn￿nStr•I•d th• T88¥18nc• of our l••m
and cornmunity. Wrth Ihe addit￿ ol • otd*4ied C￿1 w￿￿t. we'v• sttn an t*)th Ihe number and
quolty of app1c4lo￿. th¥vbng us lo purxub I￿air￿a Str••n5 from bxal trusts and I￿nda￿on6 8L¥O
8trk8hir• an¢J 8rt86. T￿$ str818* hSre ha8 8hwp•*d ￿ tsu5 cffi tru81 aThJ loundat10n
fundrni•ir4, aft area we to grrnv*itht•rtty Mi lh• yw
Our nth¥ Funth•sing Manager. WhOi¢an￿ ffi S•pt8rnb8r, ha8 imw. Sh• •#tabli8hod 0
￿￿t fundr818ity calend8r •nd btyan fo&terir*J relalKffithiw with tNJSmSSOS-eltortS Ihal 4re alre8dy b•arirvJ
fNit in Ihe fom ol cworaM supF*xi Md Thw• I￿r#I￿$ •r• oxpand eAW r•ach and
deepen ¢Uf Impac¢ acr085 IhB reokn.
Outrwch h•$ b••n I k•y loc￿ IN* >•Ar. par&>A•ty kn Iwu¥ •Lth u gwh. Ihorn a h*h knl ol noed
dua ¢0 ¢¢orKJmic ¢Jepri¥•lkn •ThJ cullurd b8rMrs to emplOyft￿l. We h•¥e bfren actNety buldiny rdaknonahips in
Ih81• ¢ommunNlos ond pY8p*ry lo plo1 • popup centr• ITr Slough In Ihe comlng mrrths. Th1$ Inlli•Uv8 ref*¢ts
gwtesl chalbgnges In acusslty the ￿￿FI8¢8.
Th+¥ y•ar. ￿¥• sydn￿C￿ty exp8nd•d nei*th Ihrcwh rn11￿81 parb*rships *11h o)mmnty 9rtyJps,
women's chalities. and k<al aUl￿NItieS. These rnlal￿nShlpS have hdped broaden lo our serviths for
wffiian who may Ml ha%* prevKJU5ty kncwn aknjl Smart Wo￿5. Our cgntre has a150 W8l¢omthl sevoral hig￿rofI8
VI￿tOrs. I￿a￿ding kncal MPS. counc4lcrf8. and cc¥wrate IBJdvrs41 of ￿re deeply irnpr889éO by the imp¥t
olwr The58 v￿lts oft•n ¥ark oFp>¢uribOS for supprf ctlabcrfation. and infiu•n¢o wthin lh8 r8gion.

SMARTWORKS READING
TRUSTEES REPORT {INCLUDING DIRECTORS. REPORTI ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
Wo've also simn9lh8O•d our braThl th￿0h str* evonis •mb8ss•dc< eng8￿Men1. Notabty, the
rwnimeni ol a new bc¥l has *jd￿0￿4 ￿tIlty and Lyening thè deor 10 furth8r
p•rtnerships 8nd med48 ¥xpwurn. Th￿ 8¢h￿MenL￿b￿ Th)t 8￿y$ taplured In KP15-8fe invaluablè in
our profi￿. eX￿l￿a OLY rwtt. and erwrmj thbt Irrtye IA 8ertshwe know aboui, ¢rv5t, and
FIn•n¢1￿ r•vl•w
R••uh lor th• y•ar
Total 1ncorne lor th• pwfod £244k Iirth £14.893 rn1•￿ Imm d•*n•i•d fiJTrY¥l mwdo up substsnUDIty from
•v•nts. tr￿tr •nd found•lKTh t4rprrtal• ponn•rnhw. and totsl •yg•nthiW• was È227k r8&dling In Ml Incorn•
01 £17k.
£81k.
Gmnts and kn•1k$￿ wtyrfKl• 70% 01 tC41 ￿K￿n• •nd w•ffl¥ rnj ralMd 30% ofour
Sources of I ncome
¢ix.trx
£8c.￿
£64.¢CQ
1221
E55.5CII
£40.fp
£31122
£20.a
Total •xpndilwe for lh• pwbj was £227k 18 818% frc¢Th yur. Thri i¥ ¢Jw to ￿￿1••d
Our ¢0816 ar• mothty for 51aff. ¢IBni s¢Thlc• cuts thtA¢h l• m•k• ￿ 96% ￿ our tyveral

SMART WORKS READING
TRUSTEES REPORT (INCLUDING DIRECTQRS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Expenditure
ficc ote
E9C.a73
£SD ax
173.097
£6Q
2924
E23 84E
£0
Si*1
Pien
Cl￿￿ DferE
rq
In¥wtm•nl P•Hcy
The TnJst••s. *•wd to th• Ivj￿dty r•iuN•mqnts d ev•rn￿n9 Ih• Ch•nty ¥r￿ r••*v•• pclry.
OP81•i•d a polty k••lYThJ fijnds in int01￿14)Unr￿j dqp0511 •r<ounts.
R•￿1¥•1 p￿￿Y
Tho TNsieès hiv• ¢•r￿r0d fvy fr•è row4￿. l.•. I￿ w¢fealr1c￿j funds nol d88*n•l•d for
¥p•cffi¢ purpos¢ pr ethmmNiad. It h•8 tthn d•l•rrnlned I￿. natu￿ ol the charfV• Work, th
vel of tr•• r•s•N•¥ Should btr 0Qv￿al•t￿ 10 3 10 6 c18nn￿¥ •xwndrtur•. This kYovhJè$ 8uffici•nl fiexlblmty
lo cowr ony t•mpor•ry 5Thorthl lrt and *ll the th•rffy to ¢¢pe rth)d festtod Imm8￿•18fy to •
rn8wnabl8 ol UnloT•￿•￿ advarna orcum8Wr￿ pnLV nmed491 boirva ImF48m8nted. The
r¥￿ry83 01 £83,3S0 m••ls this requireTh*￿.
Gowrn•Tr¢•
Smart Woth6 Reodir4 ils •re ithnd ty tho MemcurKkn and ol
A5¥Walion. The of th• Truste•8 s•Th*d dumg Ih p*od f*a thp r•l•r•nc4J ar
Smart Woths C￿rtty ￿ tho mtrn*w of Sm•rf R••trty Sm•1 R••Jlng h81 bean grini•d
Ik•ns• lo owrnl* by Sm¥t Wth¥ ¥rnJ rt has bl• swr• 0tr4th1 •nd Shlkw octi￿a$ •& parent
comp•ny.
R•cvjItn￿Tht *ndApp•lntrMnt of r••wTNst•
Regular reviews are undenaken lo a$5tS$ Ihe skilL5 01th•￿ri￿nI TrU￿Be$ *vJ Klpnbfy wy $tretyihenirvJ.

SMART WORKS READING
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED}
FOR TNE YEAR ENDED 31 AIARCH 2025
Indud•n •nd T￿￿1￿9 of￿*￿￿1￿*
N¢w TnJ*e•S we yovH1èd ￿ an indLthm to ftmbwiL* IWs¢fves with the chwdy •nd Ihe nol.for profil Soctor.
Th0y arè bnefed on wr*>i8ibliti81 by th¢ oyi5br¥J TnJ8te85. Nthv TnJale08 are aho rofeThed to the Ch8rlty
Ccrtnmiu￿n'S Tr E￿n￿lI Tnolee, Smm WLyks Ch•nty 5hare• • T￿1106 Wek(*))• Padt with •ll Smart
Wryki Tn*t••s when tw ￿rI lh• clwnty. tyjl rol•¥, I￿Ur• ol Smart Work• both
colly an¢) nalonalty. t*&(￿￿4$ *• •Y•W)kn tho dtrak•tgd TnJ8t•• of wr Intom81 pyt•l lor
tool$ 8nd WtyJTr•s aknng wlth vkj￿s. Tru¥lMJ undwtak• tralthj as part tsfththr rc4•,
du¢Jlw w Equlty tNvtr*ty and
Tho Tru51ees revitw and 8PkYQV8 al p¢4￿&$. and lul(x • utrot•gy 8•1 ￿ Ih• pkn. In lthe wth th• %Yid•r
Stralggy 501 by sm￿ Worki Chffjt. Th• TnJ¥t•M m801 at ¢wartwty IPb• ￿*r wll h•¥•
•nnual s8won to upJat• ond •lrat•9y.
Tho da￿￿•Y managThnl of Smm Wtyks R••dxw h uTrJW￿•n ty th• C•fiirn M•nag•T an¢J ¢)¥•r￿n by Ihi
Ch•ir •nd 8oard ofTNst••>. RO￿￿1¢•3, in1f•Str￿lUr* 8TrJ is prtr4thd by Smirf Wc**s Chanty on fiThIn￿,
p•opl8, partnernhip¥. wfjr4thy￿ ety)￿u￿￿8bQTr$.
P•y P￿1¢Y lor K•y M•Mg•m•nt P•v•onn•l
l TnJ8te•s glve Ih•lr tim• IT￿ no Trwl•• r•th•d lh•
Th• pay ol si•ff i¥ r•¥￿ 8nnualy. Th• TryMI￿• b￿th￿rk pay olhv •lz•d
¢hwrtK*s •nd othw Smirt Wc¢k¥ ewtrtt.
Tho TNst••s f•gulwty r•ww IM n•k• its th• tt*ty h w••d. In Itth• r•ll￿n9 to
R•knUon•hly ￿th R•lAl•d Pani
Smart WL¥ki c￿rItY wb• ft•r** wc￿
Poll¢l••
Polir¥•a lor •1 r•l¢v•ni •mas m m•in1•*￿￿ ty Sm•rt Wty*$ Chw)ty, irthding ￿l•￿￿rdIng Wnernb￿ ￿Uts,
S•f•gu8rdlry Chlldren, Aniberfbery FrnLKI. AnwMs*m¢rtt & BL￿￿d. Ctymysskn•io La•￿. Cffjalnts,
Conffict of Int•re81. D8w Prol•cUon, tNs¢wlinwy. ErMfOr￿n1•l, Eqy•lrty. FlJxibl¢ Wryklng, GrievJn¢¢, Hgotth &
Salely. Lon• WcrkiNJ. Maiemtty, Polemlty. Pai0￿ Lem. Prtv•cy. R•thJndancy. Risk M•nag•rrM)nl. Shamd
PorenlJ L•av•. s￿ne¥s ￿¥*ne* & C8wbiMy. Tmvtl & and WNSilèbbx￿r￿a. A Staff H8n¢lt>)ok li ma
avaUabl• Io Sthff and kn￿L￿•S a summary ofall
Volunt••rn
Tho Tw8te8s Jr• gr•Mlul Ic* ¢h• ccffjrtwliw of Lw8 ther lime ¥C￿ntari￿ to deliv•r
roles In dr•iiing. cc*thiNJ. *wthc4>0 m•nymoM 8TrJ thnithlkryN. W• ov•r ITr) ￿￿￿nI••r* ￿1h a
v•ry hbah rel•nliw mte 8TrJ en rocryitff*ffl to tK4st•r n￿b￿s. Chjr vc4Jnl•ers 8re one of
gro8le81 08Sa18, Ihoy •rn *1 lotaty d•d￿￿j aThJ pl•y •n •r￿ rt40 n dolNofir#J w d￿$6￿9 gnd c¢*¢hing
PubllG 8•n•fft
The fruslee$ have r••d •ThJ With the wil•r*• conl81￿￿ crwity g•nw* guid•nc•
Wt4ic benefits when •m5 F4aMiNJ fubjro auNit*S. •ch￿ve￿*￿ts
•bo¥e de￿nIgrate how ￿ have fvhllw this Mqulreff•ni durfrvj the y•ar. Irb ryop•￿ tri¥ rerw)rt thè TNst•es
ave18ken olthe 3m•l ¢¢rfnpath exomOw pwtr4hJKI by S¢¢*b* 41Mofts Cthry•thsk12Cth.

SMART WORKS READING
TRUSTEES REPORT {INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2Q20
Fts¢ur• W•n•
D•llv•rfng ourThrn• Y•ai Pl•n by ￿15
On thè 1st Apnl 2022. Srn•rt R•8¢YrwJ b•gon frf* y•ar of •n Tlww Y•w a• pwrt of th•
Smirt Woths Group In r•sF4)n¥• lo a S49r￿n¢¥￿t InL¥t*so kn neèd lor th8 athice pro¥thd In wr area. Thls plan 18
now comp￿• and *xl￿￿¥￿ consthabon hos 8UFPthd lh• of ts new y••r ￿4n. Mthl¢h wlll be
l•unchtyd In 2025. bu1￿ ￿ Ihb surt•ss 01¢￿
Th• COSld4Mng cn¥vJ hBy W 8 d8va5t4tw Iho we wv• and the ew9k)n ol our 88r¥i¢a h8S
b•en ftK)r• urgenl Tho h)b mgrket tho ¥rve. %tho aro apklOng for •n •voMg• of
38 role5 wthoul up Ifom 22 ￿ 2022.
Tho n•w Is lovjmd w th• Icdhy*lr¥ fv•
Str•t•9k Prhfhy
Alm
R•ith morn ￿M•￿
• •¥ii• t¢ •rrtur• •very w•m•n who could
•fft trom Sm*rt Worts can •¢usi ow 5•ryiC•
tnJsled. go lo. S•￿¢•
o Alm io b• fiahonaty r•t•gnis•d as the l•adkng
•Mce for unemployed women
Foi •v•ry wom•n •1 any
sla9•
e r•co9nls• Ihal wom•n r￿d thfferenl klnth ol
pport •1 th"ffw•ni pdnls kn thelr wowking IIv•g
Rai4• Oui Vofjce
• us• oui voke lo infiu•n¢• pvb4c 07scours•
nd pjlky •mund wom•n's un•mpltyym•nt
Stren￿hen Oui
FoundatJon$
• wiH bL#ld Ihe Infv8Strudvr•. £uhur• •nd fvnding
ft¢•d•d lor susl8inaty• 9lOVrth. ground•d in
ilabki ya¢tr•s •Ad corrtlnuovs knprovemenl
To •¢h*v• Ih•s• •in6 kn oui are•. we wTrl.
aThJ deepen tyJr Smpxt..
. 8tr•nglh•n •nd Exp•nd C•r••r CoKhlr•g 8•r¥lc•B
W• wll revw •nd C•r•¢r Co8thrwJ drorfr¥￿r f8818sty¢Mlng •nsure consl¥te
ddlvery. sC￿e ￿Jr reach. r•flne N8 Inwt ￿ wmn's •m*￿nt oultyne5.
. Iner••B• Corw•rnlon from Carn•r Co•ehlrw to Irrt•r¥l•wOfvb#kng
W• ￿11 focus on ImwO￿r￿￿ the ethvenitin rJt• from Cvrw to Dres&ffl9 appohlments,
c0gTr15￿n9 thls 89 a r8•Yy4made ￿p￿Ine. 88tter thlegratsn betrY8en Ihw $8rylces *ll bèn•fft
gur ful offer and supwt us in re8chiryJ wr annu￿ targets.
D••p•n L¢¢al P*rtn•r•hlp• •nd Communlty Fundraknlng
We to bulk1 strower rdqtyonshlps tw$in¢s￿. chwtsel, grcKps to Srwle
8waren8s8. 8XP8nd ref01r￿ pothw. saDJrn 8u8talnat48 strea￿ to 8uFwt

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m•ko and roniinuous￿ imtYo¥e Ihe quA&'ty olour aefyte ly¢￿0ty.
. Expkn Mor• CMt&ll•ctlv• Pr*m1￿ 4rKI EXP￿ Into Slouoh
W• r•vk*w our current olncè aTharyff*nis th a ¥16w lo kl•ntyThJ cost4ffK&?nl opkn5. A molLY
8mbllion Is to creats 8 &nart Works hL&) tn Shxffjh, wpporttd by kncoltHAr*ss fi#￿In9. to provld•
4cc&ssille. p￿(￿baSed ar•a of W r*.
Equlty. Dlv•rn*y & Inekmlon
In J￿0 2023. Srn•rt Wothi o now Equty. Lliv•r¥ty & strattyy. Th• 8trai8oy •
frarf•wk for htyw 4M Sm•rf Wcrfk• c•ntrM ¥MII ThJnw• i tyjkure of dN•¢slty •TrJ I￿u¥￿ty. ￿•r tho laii y••r.
SmDrt he8 d•liverod Imwrt•nt Initi•1￿88 10 W¢greu lh$ wtr*. Thi¥ kndude8 IraiNng for ¥t•ff. tru¥lee¥ •nd
vdunitér¥. d8rn0gF•phk d8t8 acroM ￿terna t￿￿ThI￿. 8nd Its thun¢h of • Cben¢ Ch•mpipn
Wé want Smart Wtyk¥ lo be a Yhttore •¥er>w l•qlu •cc•W. ot48 to t￿•. ¥¥h6th•r thay
sl•ll, v(Aunl•èrs, INii•M. yrtnw¥. rknt¥. Sman Worki f¢••diry * commNi•d en IM￿•m•ni￿9
)mmunity.
Th• IN¥tw• reFx)rtw￿ 4pwowd by Powd ¢4 TnJ¥i••i.
Hek•n Frwrjs
D•t•'.

SMART WORKS READING
STATEMENT OF TRUSTEES RESPONSIBIUTIES
FOR THE YEAR ENDED 31 AIARCH 2025
Tho trusi•o$. are V* direclrrt ol Sman W¢th Readiry purp)se of company Lffi¥. Ire respon5itle
lor propaTrng Ihe Trustses Rew 8nd the in aCC4ydanc8 •p**tle tDw Llnrfed
Ctynpxny law requlr•s th• IDJSWaS lo fv)8ntr4 knr finpn(lal y•*r**th gN• I trug •nd l*lr
Incem0 and eXPthdilur•. olth• th•rtat4• Ciyrwny IDr
In kn888 fln8n(ial sLg18rnffits. tr* h1518￿ • WLw•d lo.
. 8d•cl surtabla BcwJnbry polKm end than 8PFty Ilvn ttroM*nty.
.obsefv• the m•ththYs on¢ prfnoth• In th• Charts SORP..
- maké iudgom•nts and •sbmat•¥ •r• rna•onat4• and
. smi• wh•ih•i ￿p￿1¢a￿0 VK Att￿n11r￿j St•nd•rds b••n t￿>*•d, any dwanur•#
ththsod •nd •xp+ain8d In lh• f￿1￿£181 8tsimnl8.
. prepai¢ the finanual 1141orrb8nt$ tho w c¢J)c•rn b/th ta V•SL¥rn th•1 th•
I coniirw ￿ ¢JF*rnw.
The INat•88 ¥• r88pmW• accwitrg lh* rnaaonaN• at
4ny ￿rn• IM fin•T￿l81 ol lh• Ch¥iity •nd •n8bl• thwn to thei tho •t8t•mthil# Lyffipty
Ihe Cornp8niBsALI 2￿. Thty atso r•w*t46 knr s•199uarthw ￿ 8880ts of th• ch￿ and l¢r l•k
rn•sOna￿¥ 5￿p1 for kY•w¢*)n d•l•c￿Th ￿fr￿1 otr*r 4r•w¥￿*1.

SMART WORKS READING
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF SMART WORKS READING
ye4r endod 31 March 2025.
R••pom￿lI1tI•• •nd ba•lts of rnp•rt
As th• lrnstaes ol fv Cherfty IrA rAso Is dhtiorn puws•s I￿1, Y￿ are rwon8*41 far
¥aiofi•d ihal thfr ol th• Cth￿ty w• rw¥ed lo bo wJrt•d undw P8rt 16 or
tha Compar481 Act 2tth and or• dlgt4è lor IndepaThY•nl 8y•mlrt8kn. I r*￿￿1 In resped my •x•MM￿ of
Ch•rfty's flnancwl Sl8lwn￿ts c8th•d 145 rA lh& Ch•nI￿1 Ad 2011 In carryirvJ out rny
•xamhalkn I h•¥•fC**J￿* by lh• 1445Xbl ol tho Chartti•$
Act 2011.
Ind•p•rthDI •x•mkn•h •t•••n*
I h•W compkni•d rny •ythMiw. l rK) m•ilWB ¢4TrJ * my •iiwti￿ in vthh the
•￿In•l￿)n 9￿1n9 m• cauvts) thai In maiwlal r•wct'
•¢cwnlin9 k•Pt th• Chwty 386 C(mp*nwi Ad
th• finand•l do Mt bkn• rttordl: ¢v
th• flnimal 81oi¢m•nts do rb* eoff¥y 39B ol Ad
ZOC6 oth¢f Ihan wy r¢9uirewl th•1 ts fi￿￿4 •nd latr vw. Is Mi • m•tter
¢￿Il￿Or•d •t Pert ol On c¢
lh• fin*nu•l h•￿ no¢ b••n *) ¥￿1h th• IMlhoJA and wln•rl•8 ¢1 lh•
St•tem•nt ol R•ts)mm8rthd Pr&tw and ch•nt*¥ 10 ch•nii•s
IFRS 1021.
¥h¢LthJ b• r•wi in ty¢•r ¢4tr• rfft•r￿ to b• i••¢h•d.
G•ry Pr••dy FCA
Gr•vlt• Audlloxford LLP
First F￿. P•th C￿traI
4LH1 PafA En¢J Sife•l
Oxty
OX1 1JD
D•t•.'
io.

SMART WORKS READING
STATEMENT OF FINANCIAL ACTIVITIES
INCLUOING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Total
fun¢•
2025
funds
20Z4
fund•
2025
2024
Donaiknn$ and kn9ac*•
Othw Ir8dlng
91.520
72.187
.831
172,3$1
72.187
48.1n
924
105.098
55.5L))
Total Ineon¥J
163,707
,831
244.538
103.672
160,596
eAp•ndltur• on:
10.
156.824
10209
217.078
4.972
138.an
4.972
t07,501
48,824
Total •xp•rthr•
186,833
.154
227.287
113.849
48.624
192,473
N•t I￿OmI11•xP•nIItrjThI •nd
mov•rn•nt In lundi
13,1261
20,377
17.2S1
140.1771
(31,8771
R•¢ort¢M1￿on ol fvr•d•'.
Fund b8lanc•s at 1 AprA' 2W24
08.476
25.129
113.eo)S
128.653
16.829
145.482
Funo b**￿•• •t J1 IAwth
2025
4&506
130,858
88,476
25,129
113.60$

SMART WORKS READING
BALANCE SHEEr
AS AT 31 MARCH 2025
11
192
14,336
23.03
26,$03
20,183
32.613
49.893
13
134.119
103.369
14
111.4551
14.1L¥)I
122.884
99289
120.058
113,605
45,
25.129
18.476
17
130.058
113,805
2Cth. trth•y••r•TrY•d 31 2025
-12-

SMART WORKS READING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Attountlng powc
Ch•rtty Irrform•llon
Smart Wtyk5 Re•Jng ￿ • chadt8t48 compwy I*￿t￿j by gLwanlÉo fjn aNJ WalDi.
¥tw•d Is 94 L¢M¢kn Strefyt. Reodlw. 88rtth. RG14SJ.
1.1 Ac¢ount*4 con¥•n
Th• finanuel ¥iai•m•nts h•v• in accordan¢• ¥Ylth tho ch￿￿$ y4wnirvJ do¢umonl. the
Cryni•s Aci 2￿. FRS 102 Yh• Sthndwd apF4it4bkry ￿ lh• UK and Republ￿ of
Ir•l•nd' I-FRS 102.1 Ind the Char6￿ SORP 'A¢couNiry Ind Rer*)Fting by si••menl
Recornrrnnded Pr•¢b¢• apF4icabl8 to th•rt•S kywrry Ihw 8ccounts in 8cmrd•rKe ￿1￿ the FINI￿￿1
R•porhng siandard appl￿1¢4￿ IN tr• UK and Rwkc of Ir•l*bJ IFRS 102r i•if¢ctho 1 J•nuary 20191. Th•
Chariiy is a Pybk B•rt•frt Entity ￿ dofm•d by FRS 102.
The Chjrfty hm l*•n •J¥￿ta￿ ol SOAP lty ¢hwkns rvjt to k¥w•r• • &at•mwl of
C••h
Th• fin4ndal S￿leM•￿t$ are woparnd IN *lwth h the cur•nty ￿ lh• Ch*lty. Mon•i•ry
amuhts in lh*￿ tsttyy*n￿ w• rourthd 10 ib• rwrmi E.
1.2 Odn9 GQn¢•rn
At tho lim• ol •ppth*o lh• 8t•t•rrwts. Irwi￿ • r•••¢m* •xp•o*•tkn) th•t th• Ch•rtty
h•$ idoquats re￿re￿ to ￿[nu• In •xl$w for th• lor•w￿* lutyr•. Thu• lh• ￿*1
lknu• to adopt the llokng corK•rn ol •c¢ounVry In ywmrlng the fin•r￿￿ 8t•tsmonts.
1.3 Ch•rtt•bh lund•
U*reslrtct•d luthds v• •v•Hot4è th• bl•t•88 of th•lt•tA•
R••¢rf¢•d fvndl wr• •uyed ts SF•(*k eoThJWi* by •• lo hry4 ¢W ffliy b• umd. T
1A In¢om•
donat4Ms 8rv re¢oJnis•d M rec•pL Othw r•¢wMd the Ch•W ha5 t)•on rrf)tif*d
ol lh• donakn, un*B• r•quk• d8kn* of tho *M￿ni. lncCrfr￿ tax r•rJ)v•r8bkry In
th• (*arity gThJ Imir TrthJ8 ean be m•aswed kbilh M8wat48 acwraky. Tho vkn piacod on thaso r•swrc86
rJ Ih*r ¥8lw 10 V* chanty. Thè trustees cwsthr it 10 Iw8wre the vllue of hetr
c(￿￿u0￿1￿. 88 F4rrrkned by thè SORP. tsir r¢¢C4ri￿ in Ihe sl•len*￿8 bul i¥
13.

SMART WORKS READING
NOTES TO THE FINANCIAL STATEMENTS {coKllNUED)
FOR THE YEAR ENDED 31 MARCH 2025
Ae¢ourfing pokk••
IconYnu•dl
l.S Exp•nrtitw•
Expendllur• 15 r•cc8nW orK• Ihwo b 8 coftstrLK*V• Otrftgatton to trv4f•r b•nofil 10 •
thlrd perty, probable that I Ir8n$f•r d e¢>ywr* b￿offt5 wll ￿ r•qthJ ￿ selU•rn8nt. ano the 8mount of
Expthidtturfj 15 cl•ssW by •clMty. Th• el oach acuvty ar• mad• up of th• tatal of dlred costs ark1
¥harnd costs. Indudiw suFport C4Sts invcfvad In un(lerlthng •8ch acb*ty. Oirecl costs aknbulatrA• to • sing
aciThty ar• ￿kX818d airecty to thal actmty. Shw&J tcth to Ihan oft8 athvity gTrJ
¥UFWt costs which arn not aftribAaN• kn a Jr• •pFth￿d ￿1￿08n on 8 bul•
con$istsntwlh tho ol rnswrr•
1.1 T•nglbl• nx•d •18•ts
Tgnglbltr fvA•d 8ssol8 aro m•••w•J •1 rnMwr•d at C4￿ ¢x vahjatknn. not of
ua•lul IN*$ cffl Ihe bases..
c*Mth• pwljd ofth• l••M on IM 8lra#Jhl lkn•
q•kn or rKs lh• •*••t h d￿•M1￿*¢ •5 dhlorerth ttha•n tr•
1.7 Ifflp•lM•nt 01 flx•d •8••t•
AI ￿L* repo￿￿9 •nd d*t•. lh• Ch•nty th• urrtr¥vJ wro￿18 LY twythl• 4u•ts to é•t•rnino
wh•lh•r Ih•r• is any thot ¢hc•• •M•ts hm •uffw•d w imyffmtinl M any Ju¢h Indicatlon
•xi•ts, th• F•cov•r#w• *nount ol lh• au•t i• ••knal•d ￿ ord•r to d•i•rriw th• oXt8nl el th• Impalmi•
losi lil any).
1.9 C••h •nd caih •quSvalMts
Cash and OW￿&￿Tri1 Ind￿J8 cash kn IwThl. r•1 borthj, tslh•r
borwng5 in rjxrenl Ii•blth¥
1.10 R•lhm•n¢ b•n•fft*
14.

SMART WORKS READING
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED
FOR THE YEAR EIIDED 31 MARCH 2025
•sbmai•s Bntt as8unwticffi$ 8tKwJl tho wnryJM ci a88ats •nd I￿9￿111￿ thal are nol raadrfy 8pparenl
rrom oth•1 sourett. #nd a5Ko•i•J 8ssu)wttrt5 ¥9 ba$8d on h6￿￿916￿p0lI0n¢O 8nd olhor
rn8108 rncoanittd In Ihe pwK*J 08lhD•lO l& rwd thg rw$Kin affods wly th•1
T¢*1
furbd•
2024
fun¢J•
2024
2025
2025
2024
46,020
45.X
48.02Q
105.818
20.$13
28.122
20,050
31.122
$8,221
17.753
00.318
20.513
38.111
17.753
91.520
80.831
172.351
48.172
56,924
105,096
Unrn•trftl•d UnrHtrict•4
luthd
fund¥
17.704
21,197
19,939
FU)dr4￿nI
Shop incLVM
•rfSm•rfwry
13.895
72.187
15-

SMART WORKS READING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Exp•ndMur• on rnl•lngfur
Unr••trlct•d Vrn•trl¢t•d
fund
fund•
2025
2024
Fundrnl•ln9 1Th1 publkKy
Markollng ¢9sts
sioglng luThlr8kw"ng e¥en
878
4.128
10.209
4,972
Exp•ndltur• t￿￿1•bIl •dl¥lO
Chavtt•bl• Ch•rlt•b
a¢tlvltl••
24
2025
Staff cNt5
O•pr•&•tton tylnr
Prtmiies rel•ted dir¢4
Otherdir•cl •xponditurg
112.222
6.144
66.783
19.300
4.548
83.619
6.144
68.953
17,753
6.754
209.tr)7
181.223
$￿T• ofjupport *nd IM• D¢)ts Tl
Support
7,202
5.329
949
217,078
187,501
by fw
Unre$lrtl8d I￿￿8.901￿
Re51rtcled fund8
156.824
60.454
138.877
48.624
217.078
187.501
16.

SMART WORKS READING
NOTES TO THE FINANCIAL STATEMENTS ICI)NTINUED}
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
1,140
2.487
2.1e
S¢•IKffi•ry. •fvJ
Sundry •xp•nsrture
8ank ¢lwg•s
Slaff roLg18d
745
322
1.180
S52
2.155
8,071
6,278
8.071
6.278
Gov•m•nc• ¢•th pay1r￿S lo E7c￿ + VAT 12024.. £8501 f
Tr* lee th• •ctwnls ￿£1.7￿& * VAT12024.. E1.VA) * VATI to Ifthpwthnl •x•mkn
o b•ir8 p•id lor by p•wl ¢*wty.
Trn•t•
yw12024." MI.
2026
2024
Numb•t
Numb•r
Employrmnt ¢Mts
20
2024
102.026
77,581
Sodal s•cudty rmts
1.492
112,222
83.619
17-

SMART WORKS READING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR niE YEAR ENDED 31 MARCH 2025
R•munw4tK)n d k•y m•Mg•m•nt
2024
29.270
44,907
Th• 4g9rngel• •mploy•• benefits N4thywl 1ry•jw￿ ￿4￿nI￿1￿*)
10 T•xallon
Th• cmnty * ex•mo thx an goffts SOL*￿ 505 clth* TaA•A Aci 1988 or M¢tthi
252 of Ino T•x•lw gl Choryfrrt4• G**AGt 1992 ts th• •thni thol are 8pOod to tts ¢h•rttablo objockn.
11 T•h9lbl•llx•d u••ty
At 1 &>ri12024
At 31 14w¢h 2tr
O•pr•¢l•Won and
AIlW1￿24
15,3eo
6,144
At 31 Mari* 2025
21,9J4
C•vryln• •rnouni
At 31 Mor¢h 2025
8.192
A¢ 31 Mwch 2024
14,336
12 Sto¢th•
2025
2024
18-

SMART WORKS READING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13 D•blO
2025
2024
Amount• l•llr4 du• y•w'.
Tr•de dobl¢
21.$03
30,754
26,503
32.613
14 Cf•dltorn.' lamlng du• oMy•w
2025
Tr•d• v•ditQrn
u•dilorn
276
8.T79
110
2,776
4,ICQ
IS R•tlr•m•nt b•n•fft
202$
2024
1,492

SMART WORKS READING
NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
11 R••irl¢tsd fvn
The resmctod lund$ crf lh8 dwlty C£*W88 tho vMxwnd8d ano Lranlj trwl
•ubi•a to sp•ufK by dLWS ￿ to may be u¥d.
Al l Aprll IrK•mthg R••our¢•s At 31 M•rch
X+24 r•Bourt•• •xp•nd•d
202S
Ewefield Ch8DthNo TnMI
VnNersity of Re￿￿. Grnnt
UnN•rslty of R••#iNJ. Kwn•r ht•m
UnNer￿ty ol A6bdir*J. Intem
Scuter Chantabk Tru
Sh•nly Found•
Bawls Trust
Bwkshir• Chwiy
14761
11.0871
11.8021
11,6021
14,5211
12,OLXJI
ii.oo)I
2.624
l.C*7
1.602
32Y
1.267
1,1eo
413
13,375
413
18.C
Notknn•l Lotl•ryAw•rd¥ lor￿1
Tr• Palmaf Elirs Trus1
CoqcJ¥ThJ IP4wlion4 Lo11•ry1
•r••r Coothng18ank ofAm•rtcal
DrO￿ry Sto¢*
14,8251
16.4801
118.7201
118.3411
18.rn
20,513
23,034
25.129
80.831
ieo.4541
45.5C
y••r.'
At i Aprfl
202)
In¢(￿1n4 R••wr¢•• Al 31 mA￿h
•xp•n4•d
2024
e￿*fi•￿1 Ch•nwt48 Tru¥t
SWC Carner Coathlry18•nk ol1th￿¢•I
Un￿e￿ity ol Re•dty lfitern
Mobbs Momtyml TnMI
C•r••r Ce•chkn9 Lfftl
OM￿￿9 Stock
Crfeeham Trust
Swt¥r c￿n1•bkl TnMI
13.1WJ
8.175
113,19))
18.17SI
18.6401
113.7201
13.0001
11.9081
11,829
17.753
20,862
3.255
1.217
1fj.029
56.924
148.624}
25.129

SMART WORKS READING
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 AIARCH 2025
16 A￿l￿C￿dfvrrf
. SWC Sm¥t Wcrfks Chllty Car￿￿ Co*hlrvJ IBank olArnwr41 * a granl fw oye costs
Unwetsffy of R8adw Intem¥ 1$ want ts the st8ff t#W8 ILV undorgFJduale Jummer ￿teMs￿1p
. SWC Sm*1 W¢yk¥ Chanty Car6w Co8thr* IN8tiwl Lott•ryl Mg granl fry•y• ¢¢•ts
Gmnhem Trusi Is a grnni 10 Supp￿ sthkiry of l)Jtreach18ad
Souler Ch8niabl• Tryst Is a granl for 6eThko dehvery co*s
. sha￿ F￿nd81￿￿ 18 8 gmt 10 Supp(￿ m￿ry￿0utrgJth le•J
. LouL% 88yhs Trusi rt a 9ranl to support olOutrur*1oad
be￿$birt IAasttniE Charity Is a wni ￿811$ offK& lumhvr•
Bèntley i¥ 8 gw th• •uppM ofth• Sl*gh Popup
. N•uon81 Lollwy Aw*ds for • cr•nl to knj •ThJ Yw W¢m•n
Outr•aL*
. The Paknw Elity Tw81 is a to ol l)utrMth l••d
b8n8nciarb•s dothir¥J lor thl•Th
17 unr••t￿hd fvn
Th• vnres1￿l•d lundsdlh• lh• bthrK*•ofdon•t*)ni grants
•ubJ'8ci by OonryF w•nith •• lo h￿*1￿ may t* uB*d. ThM• indud•
d•sigft*ied lund$ %thKh ha¥e b8•n a8*Jo ¢>ut ofurrnirKt•d lundi by the ￿￿1•** lty spwfic
A¢ l Awll
In¢tynlno R•8￿1¢
•xp•nd•d
2025
114.8931
14,893
G•n•MI fvod•
163.707
1166.8331
85.350
88,476
183,707
1166.8331
85.350
Pr•wloyB y•w'.
Al 1 Apvll
2023
I0￿mIn9 RMour¢•#
rn•oure•• •xp•nd•d
Tr•n•f•rn At 31 kl•r¢h
2024
Des￿n?￿o 2025 F¥￿j
Gonqr81 fundi
$4,893
73.760
140,OWI
14,893
73.$83
103.672
1143.8491
128.653
103.87?
1143.8491
88,478
Ouriry tho y•¥ the Chartycomr4eted ihe ihird &wrol ts 3 ygBr F4•n to sw¥)rt aL¥OaS Readir#J
8S8Mal8d edditk)n•l eX￿nditurn.
21

SMART WORKS READING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2Q25
11 ol n￿*1*•1• b•bv••n fvNI•
Unr•¥tylEt•d Dtslynit•d RMlr*t•d Endowtwt
fufid•
fund•
Tot•1
2025
2425
2025
2023
202S
At 31 March 2025..
Tangibl• •s$01$
0.192
77.158
8.192
122,664
130.856
Tot*1
lund•
fvDd•
rth
1024
2024
2024
A¢ 31 M*r¢h 2024:
Tangitle 888•
Cumni •¥•WllwtyliOMI
14.336
99.289
$9.247
14.893
25.129
73.583
14.893
25.129
113.eos
I• ￿￿ts•r•.
Th• CLWQry Is *prt•d by&wrwte•. Every rrwntwdtho CL¥rwThy urthn•k•• to ¢wlritwlo to th• aou•ts of
tha company, In tha trv8N ol the same b8ir¥J w￿r￿j thoy are • rn•mtyw. or ¥Alhkn one year aft8r thay
Iv b• • rn￿b￿, fry p•ymqnt of thB and I•b*l￿5 rA th• wrwny c(rfact•d b•fLn thèy c*JN•d
lo be 8 rMmb•r. ¥nd d th• cost* ch•rg1s •fvJ •xp•r••¥ 01 *irbJirg up such am￿nI •• tmy b• r•tyir•d Mt
•xc••ding È1.Al ￿ b8￿r￿ sh8•t dats. thor• m8rt*ryr. S￿rt Ch•rity.

SMART WORKS READING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR EPIDED 31 MARCH 2025
20 Op•r•tlTh9 l••M commMm•mtr
At th• r•FrylrvJ •nd 4J•ts its h•d eArt&laTrJlr¥ mth*run paywnts under
2WS
2024
wrtNn ona yoÈr
58.383
18.794
75,178
75.1n
131,561
21 R•lat•d party trnmathbts
D￿r￿j Iho year th• 4*rlty MI payTh¥Jrts of £49.10212024.. £24.1001 Sm&1 wo￿1 Ch•rfty, Il•
por•nt.
Smrt WorAI R•Ading ETJQ ol from a 12024.. t391 and r•imbL*Md £rll or
•xpwsBg lo 12024.. t771.
22 ¢•Thtr•1
Th• par•nl of Iho hrp8•1 group in ththKh ￿n&•I 8tot•ff￿nM la Smart Charlty
{Company numt4r OJ87¢671 aTrJ Ch•rty 1c¢oecei i• mDmbaf of tharfly. SmÈrt
W¢b*$ chonty h•8 thè prw 8clMfy •¥ th•nty.
Th6 8d¢fe¥s for Sm•rt Wryks Chwlty h.. Imt 1. Y•ryl 20x08 Now Ncth Rood. 18lWoD, Lor%lon,
ErvJland. N1 78J.w th•rty.
-23-