THE
HARBGUR
PROJECT
For Swindon Refugees and Asylum Seekers
Providlng a safe space for relugees and asylum seekers In SvAndon
Charftable InC￿parated Orgunlsotlon
Reg. charlty no- 1171368
8r MARCH I•

e Haibour Project
Finontial Stolem&n￿ fo< thè yèttr ended 3111 M¢Jrch 2024
Contents
FINANCLAL sfATEMENTS FOR THE YEAR ENDED 318f MARCH ￿Z4...................
Conlents..........................................................................
Chairmon's Report.......................................................................................................................
Trustees, Report...... . .
Independent Examiner's Report ..........................................................................................
statement of Finonciol Activities for the year ended 31 st Ivlarch 2024............................
Balance Sheet as at 31 $1 March 2024.................................................................-....-................
Notes to the financial stotements for Ihe year ended 31 st March 2024..
Accounting Policies.........................................
Incoming resources.........................................................................................................
Resources expended.........................................................................
Anoly5is of restricted funds
Net movement ol resources....................................................-......-......... .
Taxation ...............................................................................
13
Tongible fixed ossets..........................
Debtors...........
Credilors ........................................................................................
ReseNes.................................................

e Horbour Project
Finonciol Slotaménls lor lh8 yeor ended 31TI Morch 2024
Chairman's Report
The end of the period sow the Horbour Project in o healthy linoncial position. We
secured mojor conlinuolion funding from key institutions like the Notionol Lottery
Community Fund and from Swindon Borough Council in the previous year. During
the last year we were delighled to learn that we had successfully secured o grant
from the Lloyds Bank Foundotion of £75,OIJO over three yeors. We have also been
successful with o number of opplicotions lor smoller amounts to fund specific
octivities, meoning thot we hove o highly dD/ersified income bose. We 0150 SQW a
three-fold increase in our income from fundraising ond private donations. This is o
trajectory that we will pursue. However, il is important to stress Ihat we never lake
our funders or our financial slobility for granted. We recognise the tremendous
hord work ond commitment by our team required to 5UStoin our level of Resepies
and retain a diversified income bose.
The Lloyds funding also come with the opporlunity to occess free consultancy
expertise which we used to review the working5 of the Trustee Boord. Our vice choir,
Faisal Nawaf Mayed resigned his posl but we welcomed three new trustees., Farzin
Rahmani-shirozi. Nabi Mohammed Duski and Gurpreet Niiiar. OLJr CEO of several
years, Claire Gcsrrett. signolled her intention to Step down at the end ol the year in
December. Tom Bain was appointed as her successor and will seNe os joint CEO
until Cloire'5 deporture.
In the period, hvo of the three town centre hotels housing asylum seekers were
closed ol very short notice. We were onlicipoting a drop in Visitor numbers but
people seeking asylum continue lo be settled in the town ond our numbers are still
high with about 13ffl people losylum seekers and refugees) regislered with us and
demond continues lo rise.
At the time of wriling we hove been operating from our new premises at the
Broodgreen Community Centre in Swindon since Jonuory 2023. This hos been on
unqualified success. We have Ihe facililie5 to expand our offering, including
educotion. women's octivilies. and a youth group as well as more spoce for odvice
giving cjnd sociol mixing. The cosls ossocioted wth the new premises hove, ol
course, increased but the benefits of being there significantly outweigh these
considerations.
Sadly, the 'hoslile environment, continues unoboted. The rush to 'cleor the bocklog,
in 2023 produced high levels of homelessness in the town as people were forced lo
leave their asylum occommodotion whether they received o positive or negotive
decision. The 'Salety ol Rwanda, Act and the 'lllegal Immigration, Act odd to the
stress levels ol our Visilors who ore oddilionolly burdened with Me prospect ol being
sent to the 'Bibby Stockholm, or other detenlion cenlre. Problems are further
exocerbated by the constant changes in the Home Otlice's policies and their
approach lo processing asylum applicalions, compounded by the complexity of
mony claims and the huge reduclions in Legol Aid ovoiloble in osylum coses. This
puts additional strain on the team as we must conslantly re-evoluate where lo locus
our resources to best support our Visito￿. We would olso like serious considerotion lo

The H¢rbou' Proiecl
eilE lor the year Lndeiy J i.; March 2024
be given Ic allow people woiting lor their cases to be heord to work. This would not
only give people purpose bLII reduce demonds on the Exchequer.
We ore proud lo see the Horbour growing in strength ond seNing our community.
We believe thot we ore successful in providing Support to vulneroble (Jnd often
Iraumalised people and the feedback we get te5tilies to ."hot. We owe much to our
dedicoted trustees, statF ond volunteers.
David Rowlan
Chai¥ ol Trustees
September 2024

The Horbour Projecl
Inancial Slalemenls for the year ended 3151 Moich 2024
Trustees, Report
The Trustees present their report wilh the financial stotements for the year ended 31 st
Morch 2024.
Chorltable Objects
l . To provide relief for asylum Seeke￿ and refugees ond their dependents who
ore in conditions of hordship of distress.
2. To preserie ond protect the physical and mental health ol such people.
3. To provide focilities for asylum seekers and refugees lor educolion.
employment, volunteering. recreation or other leisure time occupofions with
the object of improving their conditions of life ond assisting their inclusion into
the wider community
4. To support the needs ol asylum seekers ond refugees with oppropriate
inforniotion, advice and guidance.
Charlty Informatlon
Registered Chorify Nuniber..
1171368 IEnglond and Wales)
Registered Office..
The Harbour Project
Broadgreen Community Centre
Solisbury Street
Swindon
Wiltshire, SNI 2AN
Bankers:
Metro Bonk
One Southampton Row
London
WCIV5HA
CAF Bank
22 Kings Hill Avenue
Kings Hill
Wesl Moiling
ME19 4JQ
Trustees who seNed during the year..
David Rowlonds
Hodizo Mahuta
lon Robertson
Faisal Nawaf Mayed - resigned 12th January 2024
Neda Kri5hnan
Housam Al-Housami
Mari Williams
Emma Groham

The Horbovr Project
Firhanciol Slatemenls lorlhe veor ende¢J 311r March 20?4
Farzin Rohmini-Shirazi- Appointeci 4th May 2023
Nobi Mohommed Duski- Appointed 281h July 2023
Gurpreet Singh NI￿or- Appointed 241h November 2023
Independent Exominer..
Robert Raynes
85 Priors Hill
Wroughton
Swindon
Wilfshire, SN4 ORL
Organisational Structure
The charity is a CIO and is governed by a board of trustees.
Reserves Poll¢y
The trustees, policy is to hold reserves at on oppropriote level to continue core
octivities for o minimum of six months and a maximum of 12, to allow lime lor seeking
new gronl funding for staff posts and redundoncy costs arising in the event of
funding not being renewed.
Risk
The Trustees give high priority to identifying and implementing effective
arrangements to manoge risk. A Risk Register has been established and approved
by the Board ol Trustees. It is kept under continuol review by the Trustees ond onv
chonge5 01 risk ore reviewed ot each Trustees meeting. Financial risks associated
with reducing income slreoms ore mitigoted by o lundroising slralegy Ihat allows lor
diversification of income. Systems or procedures have been put in place lo diminish
risk. ond these ore periodically reviewed to ensure their timeliness ond
appropriateness.
This rep
roved by the trustees ond signed on their beholf by=
David
and
Date

The Harbour Project
Finonciol Slolem8nls lor Ihe y8or &nd&cJ 3111 March ￿24
Independent Examiner's Report
I report on the accounts for the yeor ended 31 St March 2024 set on poges 8 to 16 for
The Harbour Project Iregistered charity number 11713681.
Responsibilities and ba515 of report
As the charity's trustees, you are responsible for the preparolion ol the accounts in
accordance with Ihe requirements of the Charities Act 2011 I the Act")
I report in respect of my examination of the Trust's occounts carried out under
section 145 of the 2011 Act ond in carrying out my examination. I hove followed all
the applicable Directions given by the Chorify Commission under section 145151 Ibl if
the Act.
Independenl Examlner's Statement
I have completed my examinotion. I confim Ihat no material matters hove come to
my attention in connection with the examination which gives me cause to believe
thot in, ony materiol respect..
The occounting records were not kept in accordance with seclion 130 of
the Charitie5 Act-, or
The accounts did not accord with the occounting records., or
The accounts did not comply wilh the applicable requirements
concerning the form and content of occounts sel out in the Charities
(Accounts and Reportsl Regulotions 2CQ8 other than ony requirement thot
the accounts give o 'lrue and foir, view which is not a matter considered
as part of an independent examination.
I have no concems and hove come across no olher matters in connection with the
examination to which attention should be drawn in this report in order to enable a
proper understanding ol the accounts to be reoched.
Signed:
Dote:
Nome..
Address-
Robert Roynes
Bridleway Cottage. 85 Prior's Hill, Wroughton, Swindon, Wiltshire SN4 ORL

The Hooovr Project
Finonciol Slatém8nls for the yeor endeLI 3151 Morch 2024
statement of Financial Activities for the year ended
31 st March 2024
Unrestrlcled
Funds
Restrlcled
Fund5
Total
2023
Income from
Activities in furtherance ol
horitoble objects
Gronts & lundroising receivoble
Donotions & legacies
other income
13.815
283,465
297.280
44.394
274,414
63.307
44.394
5.796
7,452
5,796
7.452
1.220
Investment incorne
2,406
Total incomin
resources
71,457
283.46S
354,922
341,347
Resource5 expended
-56,076
-283,465
-339,541
-320,603
Nel movement ol resovrce5
15,381
15,381
20.744
The notes on pages l O 10 17 form part ol these occounls.

The Har￿vr Project
Finonclol SloiÈmenls lor th& y￿r ended 3151 Morch 3)24
Balance Sheet as at 31 st March 2024
2024
2023
Tongble lixecl ossels
Improvements lo leasehold
ro
24.638
58.920
65.466
78,431
90.104
Current assets
Cosh & cosh equivolents
Debtors & prepayments
353.035
7.520
341.696
6.158
3&0,555
347,854
Less.. Current liabilities due wlhin
one yeor
Creditors & accruals
136.703
119.917
Net currenl 055ets
223.852
227.937
Nel ossels
302.483
318,041
Represented by..
Designoled funds
Reslricled Funds
Unreshicted funds
113.138
144.077
189.345
173,964
302.483
318.041
The notes on pages 10 to 17 form port ol these accounts.
Approved by the trustees and signed on their behalf by..
Rowlands
Dote
27.09 2&a

Yhe Horbou< Project
Fiwnciol Slotemenls lorlhe veorended 31sr Morch 2024
Notes to the financial statements for the year
ended 31 st March 2024
Accounting Policies
Basis of accounting
The linoncial statements have been prepared in accordance with applicable
slondoid5 ond the Statement ol Recommended Practice.. Accounling and
Reporting by Charities ISORP 20151 and the Chorilies Act 201 l. me finonciol
5totements hove been prepored on the occruals basis lor the charity continuing as
a going concern.
Incoming resources
Incoming resources ore reported gross and ore included in the stotement of
financiol activities when the chority is entitled to the income and omount con be
qualified with reasonable accuracy.
Grants receivable
Grants received prior to the finoncial year ol their intended use ore shown os
deferred income ond will be reporled as income in the financial year of their use. All
other gronts are recognised when receivoble.
Resmcted funds
Restricted funds con only be used for porticulor restricled purposes within the
objects of the chority. Restrictions orise when specified by the donor, when funds
ore raised lor particular restricted purposes, or when restricted in their use by the
Trustees
Designated funds
Designated funds were funds set oside Ilrom Unrestricted Funds) by Ihe Trustees
explicitly for new premises or improvement of existing premises.
A subslanlial amount was spent in 2022123 to allow the charity to move to new
premises in Broadgreen Community Centre. Monies were spent on refurbishment ol
the Broadgreen Communtly Centre, as well as new equipment to allow the chority
to continue to provide its services in accordance with its Choritable Objects. A l O-
yeor leose has been agreecl with the Landlord (South Swindon Parish Council). The
COSts of refurbishment are to be depreciated over l O years. in line with the term of
the lease, dr(Jwing down from the Designoted Reserves. The cost of the equipment
11 be depreciated in accordance with normal accounting policies.
This extra depreciation will be covered by transfers from the Designated Rese￿e5 to
Unrestricted funds.
Remaining Designoted Reserves wll be utilised over Ihe term ol the Leose to help
meet increases in rent and other operating costs associated with the move lo new
premises. As well as higher rent. the charitv Is now also responsible lor meeting costs
such os energy, woter. heolth ond solely lesling, ond cleoning. It is not onticipated
that the charity will need to retain Designoted Reserves once this fund is exhousted.

The Horbour Project
Finon¢iol Slolemenis lor the year ended 31..r 2024
Unrestrlcted funds
Are donaliorns and other income received or generoted to further ony ol the
chorily s purposes, spent or applied ot the discretion o., the Iruslee5. ond ore
ovoiloble lor use os general lunds ot the discretion of the Trustees.
Governance and adminislration costs
Governonce ond adminisi rolion costs of the chority relole lo the costs ol running the
charity and includes any costs that cannol be specifically identified lo direct
choriloble activities.
Deprecialion ol tangible assets
Tangible assets for use by the charily are slated at cost less depreciation.
Depreciation is chorged al rates calculated to write oll the cost over their expected
Useful live5 on the following bos15.'
Office ond other fixed equipment is ccjpitolised vthere it hos a cost ol more than
£500, and is deprecioted ot 20 Yo on o reducing bolonce bosis.
Improvements lo leasehold property are depreciated on o l O yeor basis in line with
the term of the leose of Broadgreen Community Centre.

The Homovr Pvoiecl
Pjnar.CioI 5taleme?ts.-or year ended 31., Morch 2024
Incoming resources
Unreslricled
Reslrieted
2024
Grants & Fundraising
Notionol Lottery Communiiy Fund
Swindon Borough Council
Lloyds Bonk Four,dotion
Swindon Borough Council/DEFRA
Nohorzal Benevalent
Willshire Community Foundolion
Zurich Community Trust
Wiltshire Council
A 8 Chariloble Trust
Blagrave Trust
ESFA
Postcode Community Trus.
Kingshill Trust
The Fore
Hilden Chariloble Trust
Jock Lone Choritoble Trust
Rolory Club
WASP
Shared Prosperity
8ris10l Low Centie
Health Inequalities
Willshire Wildlife Twsl
Cossorollo
Anonymous/olher gronts
Fundroising
36.957
92,300
15.662
36.957
45,243
51,197
15,662
488
9.165
.021
2.175
9,165
30.021
2.175
6.022
6.822
4.0
15.000
20,263
4.192
3.331
18.000
7,4
1.315
20.307
20.307
11.292
11,292
?,0
4,067
5,300
9.795
7.200
8.2
4,067
9.795
7.200
8.200
520
1.190
26,984
330
283,465
38.461
5,829
274.414
13.815
13,815
14.145
297,280
Donations & Legacies
Gilts & Donolions
4.720
4.720
52.666
Gill Aid Donolions
Gill Aid Received
5.120
34.564
44.404
5.786
7,452
13,238
71.457
5.120
34.564
44,404
5.786
5.634
5,007
63,307
1.220
2.406
3.624 '
341,347
Olher income
Interest received
13.238
354,922
Total in¢oming Tesource5
283.465

The ￿C￿our Project
Finonciol Slolemenls for Ihe year endert 3151 March 2024
Resources expended
Unreslrlcted
Restricted
2024
2023
Dlreel Charitable expenses
Stali Salary costs
Rent
Stall and volunteer trovel cos15
Printing. postoge and sfotionery
IT and telephone
Re
oirs & Moinlenance
Bank chor
es
Accountin
and
Insuronce
Beneficiary cos15
Dues & Subscriptions
Tuition & Classes
Visilor Activih'es
Po
roll Costs
Bookkee
Trainin
Cleoning and catering
Publicity ond advertising
Miscelloneous
Fundraisin
expenses
Direct visitor costs
De
recialion
h,, & heat
Total
20,281
4.971
232,603
252.884
15.770
445
4.847
13.089
2.362
2.5C
310
195
4.515
1.386
228.108
i 9.CK)J
282
5.875
10.635
1.410
1.935
1,210
2.014
5,016
1,638
6.039
1,775
7.050
587
roles5ional lees
310
195
4.515
283
884
2.420
636
27,711
202
4,738
20.583
207
4.856
23.003
207
4.856
290
5,954
1.526
785
2.238
lees
290
3,ia3
1,471
436
2.238
2.851
55
349
3,759
309
301
1.400
1,210
517
3,045
320.603
413
419
56,074
413
1.702
339,541
1.283
283.465
Deslgnoled
Resetves
2023
Direct Chorftoble expèfisès
Cleanin
and cotenn
Rent
Wosle collection
Premises cleoner
Repoirs & moinlenance
IT ond telephone
ht & heat
Amortlsalion
Depreciation
Totol
371
5.4C
630
3.086
1.780
7.871
6,546
4.514
30,939
1,494
1.678
5,923
As stated obove on poge 10, on amount has been spent in respect ol odditionol costs thol
have been incvrred by reason of the move to the Broadgreen Community Centre.
The capital costs of this exercis& have been included in the Bolance Sheet and the direct
revenue expenses incurred during the year have been wrillen off lo Designoted Reserrfes.

The Hcrboui Pi ciecl
Fipontycl Stotem&nt5 lor thé yécr endad 3. . 2024
Analysis of restricted lund5
Donor
Income
received
Resources
expended
Nolionol Lollery Community Fund
Swindon Borough Council
Lloyds Bank Foundolion
Wiltshiie Community Foundation
Wiit5nire Council
Bloorove Trust
T￿.e Fore
Zurich Community Trust
Jack Lane Choritable Trust
Rotary Club
WASP
36.957
92.3()J
15.662
9,165
2,175
20.307
11.292
30.021
92.300
l i,&62
9.165
20,307
11.292
30,021
2,000
4.067
5.300
9.795
7.2CKI
8.2
520
1.190
27.314
283.465
4,067
5,300
9.795
7.200
8,200
520
Shared Pr05perily
Bristol Low Cenlre
Healln Inequalitie5
Wiltshire Wildlife Trvsl
Cassarollo
Anonymouslother grants
Total
27.314
283.465
Net movement of resovices
The nel movement of funds lor this linoncial yeor is sloted ofter chorging..
Depreciation
Depreciolion from Designated Reserves
Amortisotion from Designated Reserves
£413
£4,514
£6.546
Toxotion
The Horbour Project, as a registered charity. obtains exemption from taxation under
section 505 and section 256 Taxation of Chargeoble Gains Act 1992.

The Horbtsvi Proiècl
inonciol S*oleme-. ts lor Ihe year ended 31 LI IAaTch 2024
Tangible fixed assets
Cost
As al I,-l A ril 2023
Addilion injeor
Dis
osals In
ear
As 0131 st Morch 2024
De
reciution
As al l A ril 2023
Char
elor
On dis
osols
As at 31 it March 2024
12.192
4.927
ear
17.119
Nel book volue
A5 013151 Morch 2023
As at 31 st March 2024
24.638
19.711
Le05ehold Im rovements
C05t
Asot 151 A ri12023
ear
67.144
Addition in
Dis
05015 in
eor
As at 31st March 2024
67,144
Amorlisation
Asof151A
Choi
eloi
On dis
osals
As at 3151 March 2024
ri12023
eor
1,678
6.546
8,224
Nel book volue
As al 315t March 2023
As at 3151 Moich 2024
65.466
58,920

The HcloourP'oiect
Finortticl Slolemértt5 lor thè yeor @nded 315-. IAarch 2024
Debtors
2024
2023
Accounls Receivoble
other Debtors
IncomA lax relund due on Gill Aid poyments
Prepoymen15
340
1.533
1.392
2.8?3
6.158
316
2,572
1,679
7.520
CTeditors
2024
2023
4S,775
62,833
11,309
119.9T7
Grrjnl old received in odvcjnce,
Anonymouslolher grants received in odvonce
Other creditors
88.046
5.748
136.703
The following orgornisotions hove olreody advanced us funds in respect 012023-24.
2024
2023
Wiltshire Council
lo
rove Trust
Swindon Borou
h Council/DEFRA
Zurich Cornmunit Trust
Tne Fore
Willshire Communil Foundation
Rola
Lloyds Foundotion
2,825
13.796
13.903
300
18.178
4,894
10.656
1.254
1.432
9,338
42.909
45,775

The H=Ibour Fi?iecl
Fipianci-a slalerr.ents lortho year endec 31, .Morch 2024
Reserve5
2024
2023
Restricted reserves 05 ol
April 2023
Transferred Itol / from unrestricted resewes
Net income / lexpendilurel lor year
Restslcled reserves as restated at 3151 March 2024
t)esignaled reserves os at l 81 April 2023
144,077
150.000
Transferred from I Itol unrestricted
-30.939
-5.923
Net income / lexpendilurel lor year
Designated reseNes as 0131 sl March 2024
113,138
144,077
Unre5tricled re5eNe5 a5 at 1st Apiil 2023
Transferred from I (lol reslricled reserves
173,964
153.220
Net income / lexpenditurel lor yeor
Transferred to designatoJ hJnds
15.381
20.744
Unrestricted reserves at 31 It March 2024
189.345
173,964
Total reserves os Ot 315t Mar¢h 2024
302.483
318.041