THE
HARBGUR
PROJECT
For Swlndon Refugees and Asylum Seekers
Provldlng a safe space for refugees and asylum seekers in Swindon
Charitable Incorporated Organlsatlon
Reg. charity no: 1171368
FINANCIAL sfATEMENTS FOR THE YEAR ENDED
31ST MARCH 2025

The Harbour Project
Financial Slalemenls lor the yeor ended 3151 Morch 2025
Contents
F￿ANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025...................
Contents.........................................................................................................................................
Chairman's Report.................................,.....................................................................................
Trustees, Report.....................,.......................,....................,.,.,......................,..............................
Independent Examiner's Report..............,......................,.,..................................................
statement of Financial Activities for the year ended 31 st March 2025.........................,..
Balance sheet as at 31 sl March 2025.........,.,...........................................................................
Notes to the financial statements forthe year ended 31st March 2025.......................,10
Accounting Policies..........................................,...................,.........................,......................10
Incoming resources................................................................................................................12
Resources expended............................................................................................................13
Analysis of restricted funds .
14
Net movement of resources................................................................................................
Taxation.......,...........................................,................................................,..........................,....14
Tangible fixed assels..................................,.
15
Debtors..................,....................................................................,..,..........................................16
Creditors...............,..................,.........................,.........................,............................................
Reserves.........,..........................................................

The Harbour Project
Finoncial Stolemenls for the year ended 3111 McTrch 2025
Chair's Report
2025 is Harbour's 25th anniversary year and although most of the celebrations will
feature in our next report, early 2025 saw in many ways the affirmation of our place
in the Swindon community and the ongoing need for our seNices.
The funding climate has been. and continues to be, very challenging for all charities,
and we are no exception. Having said that, we were delighted to end the period
having received granls from new funders such as Garfield Weston Foundation,
National Benevolent Charity, Albert Hunt Trusl, and St. James's Place Charitable
Foundation. Although we ended the year in a healthy financial position, the
fundraising challenges are a reminder of how important it is to work towards
achieving further financial resilience and an even more diversified income base.
With this in mind, we were able to take advantage of Zurich Community Trust's
apprenticeship levy which enabled Mia O'sullivan to undertake a Level 3 Diploma in
Fundraising.
The Handover from our outgoing CEO, Claire Garreti, to Tom Bain proceeded
smoothly, and we were grateful to Claire for the additional time she gave to ensure
a seamless process, as well as accepting the position of Ambassador for the charity.
David Rowlands indicated his wish to step down from the Chaimanship, and Emma
Graham was appointed as Chair of Trustees in July 2024. David has since assumed
the role of Vice-chair. We were sad to say goodbye to Nabi Mohammed Duski who
resigned from the Board of Trustees in January 2025, and we wish him well in his
move to a newjob and new challenge. Our long time employee Mindy Sandhu
retired in November 2024, but the Advice Centre had already been augmented by
the addition of Mohamed Yahya in July 2024.
Our home within Broadgreen Community Centre continues to offer the additional
space we have long needed and the opportunity to host our regular social café
and offer a welcoming space for sociability as well as occasional hol meals. An
important new initiative for us has been the establishment of our Lived Experience
'LEX' Panel, rnade up of both members of staff and Visitors who have themselves
been through the asylum process. In this connection, we have again benefited from
additional support from existing funders. Lloyds Bank Foundation's offer of enhonced
support was taken to allow Expert Link to run training workshops for the newly formed
LEX panel.
Prior to the 2024 change of govemment, some progress on reducing the backlog of
asylum claims hod been made by introducing questionnaires for individuals from
certain countries, but it is plain that the issue remains an intractable one, and that
the hostile climate persists.

The Horbour Project
Financial Slalemenls lor Ihe year ended 31 sl March 2025
Our work is full of challenges and unpredictabilities. Our wonderful staff and all our
volunteers, together with the steadfast support of our funders, patrons and many
civic leaders in Swindon and Wiltshire. as well as so many other organisations and
local businesses all enable us to meet these needs. With their help, we aim to pursue
our mission of helping asylum-seekers and refugees to rebuild their lives, with the best
possible chance for fair outcome from their asylum claim and a fair future in the UK.
Emma Graham
Chair of Trustees
September 2025

The Horbour Project
Financial Slalemenls lor the year ended 31 rt hAarch 2025
Trustees, Report
The Trustees present their report with the financial statements for the year ended 31 st
March 2025.
Charltable Objects
l . To provide relief for asylum seekers and refugees and their dependents who
are in conditions of hardship of distress.
2. To preseNe and protect the physical and mental health of such people.
3. To provide facilities for asylum seekers and refugees for education.
employment, volunteering, recreation or other leisure time occupations with
the object of improving their conditions of life and assisting their inclusion into
the wider community
4. To support the needs of asylum seekers and refugees with appropriate
information, advice and guidance.
Charity Information
Registered Charity Number..
1171368 (England and Wales)
Registered Office:
The Harbour Project
Broadgreen Community Centre
Salisbury Street
Swindon
Wiltshire, SN12AN
Bankers..
Metro Bank
One Southampton Row
London
WCIV SHA
CAF Bank
22 Kings Hill Avenue
Kings Hill
West Mailing
ME194JQ
Trustees who seNed during the year:
David Rowlands
Hadiza Mahuta
lan Robertson
Neda Krishnan
Housam Al-Housami
Mari Williams
Emma Graham
Farzin Rahmini-shirazi
Nabi Mohammed Duski- Resigned 20th January 2025

The Harbour Project
Financial Slolemenls lor the year ended 31 rt March 2025
Gurpreet Singh Nijjar
Isabella Harte- Appointed 3rd April 2024
Independent Examiner..
Robert Raynes
85 Priors Hill
Wroughton
Swindon
Wiltshire, SN4 ORL
Organisalional Struclure
The charity is a CIO and is governed by a board of t￿slee5.
Reserves Policy
The trustees, policy is to hold reserves at an appropriate level to continue core
activities for a minimum of six months and a maximum of 12, to allow time for seeking
new grant funding for staff posts and redundancy costs orising in the event of
funding not being renewed.
Risk
The Trustees give high priority to identifying and implementing effective
arrangements to manage risk. A Risk Register has been established and approved
by the Board of Trustees. It is kept under continual review by the Trustees and any
changes of risk are reviewed at each Trustees meeting. Financial risks associated
with reducing income streams are mitigated by a fundraising strategy that allows for
diversification of income. Systems or procedures have been put in place to diminish
risk, and these are periodically reviewed to ensure their timeliness and
appropriateness.
This report was appdoved by the trustees and signed on their behalf by..
i(iQ
Emma Grah
Z6/q /?
Date

The Horbour Project
Finoncial Slalemenls lor the year ended 31 st March 2025
Independent Examiner's Report
I report on the accounts for the year ended 31 st March 2025 set on pages 8 to 16 for
The Harbour Project (registered charity number 11713681.
Responslbllllies ond basis of report
As the charity's trustees, you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 I'the Act")
I report in respect of my examination of the Trust's accounts canied out under
section 145 of the 2011 Act and in carrying out my examination, I have followed all
Ihe applicable Directions given by the Charify Commission under section 145{51 (bl if
the Act.
Independent Examlner's Statement
I have completed my examination. I confirm that no material matters have come to
my attention in connection with the examination which gives me cause to believe
that in, any material respect..
The accounting records were not kept in accordance with section 130 of
the Charities Act,. or
The accounts did not accord with the accounting records,. or
The accounts did not comply with the applicable requirements
concerning the form and content of accounts set out in the Charities
(Accounts and Reports) Regulations 2008 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.
I have no concems 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.
Signed..
Date;
7675
Name..
Address:
Robert Raynes
Bridleway Cottage, 85 Prior's Hill, Wroughton, Swindon, Wiltshire SN4 0

The Horbour Project
Finonciol Stolemenls lor the year ended 3151 March 2025
Statement of Financial Activities for the year ended
31 st March 2025
Unreslrlcted
Funds
Reslricted
Funds
Total
2024
Income from
Aclivities in furtherance of
charitable objects
Grants & fundraising receivable
Donations & legocies
other income
5,678
362,222
867
367,900
37,147
297,280
44,394
5,796
7.452
36,280
11.174
Investment income
7,586
7,586
Tolal incomin
resources
00,718
363,089
423.807
354,922
Resources expended
-45,860
-363,089
-408,949
-339,541
Net movement of resources
14,858
14,858
15,381
The notes on pages 10 to 17 fom part of these accounts.

The Harbour Project
Finoncial Slolements lor the yeor ended 3151 Morch 2025
Balance Sheet as at 31 st March 2025
2025
2024
Tangible fixed assets
Improvements to leasehold
ro
23,818
19.711
42,940
58.920
66,758
78,631
Current assets
Cash & cash equivalents
Debtors & prepayments
321.282
10,492
353,035
7,520
331,744
360.555
Less.. Current liabilities due within
one year
Creditors & accruals
102,829
136.703
Net current assets
228,945
223,852
Net assets
295,703
302,483
Represented by..
Designated funds
Restricted Funds
Unrestricted funds
91.500
113,138
204.203
189,345
295,703
302.483
The notes on pages l O to 17 form part of these accounts.
Approved by the Irustees and signed on their behalf by:
Emma Graham
Date

The Horbour Project
Financial Slolemenls lor the yeor ended 3151 Morch 2025
Notes to the financial statements for the year
ended 31 st March 2025
Accounting Policles
Basis of accounting
The financial statements have been prepared in accordance with applicable
standards and the Statement of Recommended Practice: Accounting and
Reporting by Charities ISORP 20151 and the Charilies Act 2011. Trie financial
statements have been prepared on the accruals basis for the charify continuing as
a going concem.
Incoming resources
Incoming resources are reported gross and are included in Ihe statement of
financial activities when the charity is entitled to the income and amount can be
qualified with reasonable accuracy.
Grants recelvable
Grants received prior to the financial year of their intended use are shown as
deferred income and will be reported as income in the financial year of their use. All
other grants are recognised when receivable.
Restricted funds
Restricted funds can only be used for particular restricted purposes wthin the
objects of the charity. Restrictions arise when specified by the donor, when funds
are raised for particular restricted purposes, or when restricted in their use by the
Trustees.
Designated funds
Designated funds were funds set aside (from Unrestricted Funds) by the Trustees
explicitly for new premises or improvement of existing premises.
A substantial amount was spenl in 2022/23 to allow the charity to move to new
premises in Broadgreen Community Centre. Monies were spent on refurbishment of
the Broadgreen Community Centre. as well as new equipment to allow the charity
to continue to provide its seNices in accordance with its Charitable Objects. A l O-
year lease has been agreed 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, drawing down from the Designated Reserves. The cost of the equipment
will be depreciated in accordance with normal accounting policies.
This extra depreciation will be covered by transfers from the Designated ReseNes to
Unrestricted funds.
Remaining Designated ReseNes will be utilised over the term of the Lease to help
meet increases in rent and other operating costs associated with the move to new
premises. As well as higher rent, the charity is now also responsible for meeting costs
such as energy, water, health and safety testing, and cleaning. It is not anticipated
that the charity will need to retain Designated Reserves once this fund is exhausted.
10

The Horbour Project
Finonciol Stolemenls lor the year ended 315t I￿arCh 2025
Unreslricted funds
Are donations and other income received or generated to further any of the
charity's purposes, spent or applied at the discretion of the trustees, and are
available for use as general funds at the discretion of the Trustees.
Governance and admlnlstraflon costs
Governance and administration costs of the charity relate to the costs of runnir)g the
charity and includes any costs that cannot be specifically identified to direct
charitable activities.
Depreciation of tanglble assets
Tangible assets for use by the charity are stated at cost less depreciation.
Depreciation is charged at rates calculated to write off the cost over their expected
useful lives on the following basis:
Office and other fixed equipment is capitalised where it has a cost of more than
£500, and is depreciated at 20 Yo on a reducing balance basis.
Improvements to leasehold property are depreciated on a l O year basis in line with
the temi of the lease of Broadgreen Community Centre.

The Harbour Project
Financial Slalemenls lor the year ended 31 ¥ March 2025
Incoming resources
Unrestricted
Restricted
2025
2024
Grants & Fundralsln
Swindon Borough Council
National Lottery Community Fund
Lloyds Bank Foundation
Blagrave Trust
Boost Charitable Trust
8ristol Law Centre
Cassarotto
Fulmer Charitable Trust
Health Inequalities
Household Support Fund
John Lewis Foundation
Justice Collaboration
Leeds Building Society
Migrant Help
National Lottery Community Fund
Football
Rotary Club
Shared Prosperity
Sported Barclays
st. James's Place
Swan Mountain
The Fore
WASP
Wiltshire Community Foundation
Wiltshire Council
Wiltshire Wildlife Trust
Zurich Community Trust
Anonymous/other grants
Fundraising
47,058
39,231
33,048
32.369
4,484
9,600
47,058
39,231
33,048
32,369
4,484
9,6
92.300
36,957
15,662
20,307
7,2
1,190
198
8.306
9,000
1,040
3,990
1,000
3.325
8.910
198
8,306
9.000
1.040
3,990
1.000
3,325
8.910
8,200
1,489
10,235
22
1,949
763
3,608
1,489
10,235
22
1,949
763
3.608
4,067
9,795
11,292
5.3(K)
9,165
2,175
520
30.021
26,984
14,145
297,280
1,120
2,825
1,120
2.825
40,126
97.016
1,510
. 362.222
40,126
97,016
7,188
3d7.900
5,678
5.678
Donolion5 & Legacles
Gifts & Donations
Gift Aid Donations
Gift Aid Received
26,817
5,220
4,243
36,280
867
27,684
5.220
4.243
37.147
34,564
5,120
4,720
44.404
5,786
7,452
13,238
354,922
867
other income
Interest received
7,586
18,760
60.718
7,586
18.760
423,807
Total Incomlng resources
363.089

The HcTrbour Project
Finoncial Slolemenls lor the year ended 31 sl Morch 2025
Resources expended
Unrestrlcled
Restrlcted
2025
2024
Direct Charltable expenses
Accountin
ond Professional fees
Bank char
es
Beneficiary costs
Bookkee
fees
Cleanin
ond caterin
Depreciation
Dues & subscriptions
Fundraising ex
enses
Insurance
IT and tele
hone
ht & heat
Miscellaneous
Pa
roll costs
Printin
osta
e and statione
Publicity and advertising
Rent
Repairs & maintenance
staff and volunteer travel costs
staff sala
costs
Training
Tuition & classes
Visitor activities
Woste collection
Total
550
2,015
1905
43
913
407
1,923
1 ,205
2.103
1 .723
5,450
831
550
2.015
13,397
5,211
1.573
407
1.985
1 ,205
2,103
8.426
9,273
2,138
222
2.247
310
2500
4,515
4,856
5.954
413
1.386
2,238
195
13,089
1,702
785
207
4,847
1 ,526
15,770
2.362
445
252,884
290
884
23.003
11,492
5,168
660
62
6,703
3,823
1 ,307
222
969
1 ,278
5,400
8.372
472
5,754
539
343
4.407
227
45.860
16,200
7.756
41
287,952
1,120
36
19.578
21,600
16.128
513
293,706
1 ,659
379
23.985
227
408,949
363.089
339,541
Deslgnated
Reserves
2024
Direcl Charltable expenses
Amortisation
Depreciation
IT and telephone
al fees
ht & heat
Premises cleaner
Rent
Re
airs & maintenance
Waste colleclion
Total
6.714
4,752
6.546
4,514
1.780
10.172
7,871
630
5,400
3.086
21,638
30,939
As stated above on page l O, an amount has been spent in respect of additional costs that
have been incurTed by reason of the move to the Broadgreen Community Centre.
The capital costs of this exercise have been included in the Balance Sheet and the direct
revenue expenses incurred during the year have been written off to Designated Reserves.
13

The Harbour Project
Financial Slalemenls lor the yeor ended 31 ¥ March 2025
Analysis of restricted funds
Donor
Income
recelved
Resources
expended
Swindon Borough Council
National Lottery Community Fund
Lloyds Bank Foundation
Blogrove Trusl
Boost Charitable Trust
Bristol Low Centre
Fulmer Charitable frust
Health Inequolities
Household Support Fund
John Lewis Foundation
Justice Collaboration
Leeds Building Society
Migrant Help
National Lottery Community Fund
Football
Rotary Club
Shared Prosperity
Sported Barclays
st James's Place
Swan Mountain
The Fore
Wiltshire Community Fund
Wiltshire Council
Zurich Community Twst
Anonymous/other grants
Tolol
47,058
39,231
33.048
32,369
4.484
9,6
198
8,306
9.000
1,040
3.990
1,0
3.325
8.910
47,058
39,231
33,048
32,369
4.484
9.600
198
8,306
9.000
1,040
3,990
i .000
3,325
8.910
1 ,489
10,235
22
1,949
763
3.608
1,120
2.825
40,126
97,016
360,712
1 .489
10,235
22
1,949
763
3.608
1,120
2,825
40.126
97,016
360.712
Net movement of resources
The net movement of funds for this financial year is stated after charging..
Depreciation
Depreciation from Designated Reserves
Amortisation from Designated Reserves
£407
£4,752
£6,714
Taxatlon
The Harbour Project. as a registered charity, obtains exemption from taxation under
section 505 and section 256 Taxation of Chargeable Gains Act 1992.

The Horbour Project
Financial slalemen15 lor the year ended 31 st March 2025
Tangible fixed assels
ment
Cost
Asat IslA ri12024
ear
36,830
Addition in
Dis
osals in
ear
As at 31 sl March 2025
reciotion
Asat lslA
Char
efor
On dis
osals
As at 31$1 March 2025
ri12024
ear
12,605
407
13,012
Net book value
As at 31 sl March 2024
As at 31sl March 2025
24.225
23,818
Leasehold Im
Cost
rovements
Asat ISIA
ear
ri12024
67,144
Addition in
Dis
osals in
ear
As ot 31 st March 2024
Amortisation
As at I st April 2024
Char
efor
ear
On dis
osals
As at 315t March 2025
12.738
11.466
24,204
Net book value
As at 3151 March 2024
As at 31$1 March 2025
54.406
42,940

The Harbour Project
Financial Slalemenls lor the year ended 3111 March 2025
Debtors
2025
2024
2.953
316
2,572
1,679
6,158
Accounts Receivoble
other Debtors
Income tax refund due on Gift Aid payments
Prepayments
6,739
316
1 ,305
2,132
10,492
Creditors
2025
77,856
15,048
9,925
102,829
2024
42,909
88,046
5.751
136,706
Grant aid received in advance
Anonymouslother grants received in advance
other creditors
The following organisations have already advanced us funds in respect of 2025-26.
2025
2024
Llo
ds Foundation
Albert Hunt
Bla
rave Trust
Boost Charitable Trust
Fulmer Charitable Trust
Gorfield Weston Foundation
Jack Lane Charitable Trust
Justice Collaboration
National Lotte
Communit Foundation
Rota
S orted Barcla
St. James's Place
The Fore
Wiltshire Communit Foundation
Wiltshire Council
Zurich Communit Trust
3,790
8,000
4,427
783
1,001
25,000
403
3.642
3,939
9,338
13,796
1,432
978
2,324
3.608
1.254
2.825
10.656
42,909
23,569
77,856

The Horbour Project
Financial Slalemenls lor the yeor ended 31 * March 2025
Reserves
2025
2024
Restricted reseNes as at I sl April 2024
Transfe￿ed Itol I from unrestricted reserves
Net income / lexpenditurel for year
Restricted reseNes as at 3Tsl March 2025
Designated reserves as at l sl April 2024
113.138
144,077
Transferred from I Itol unrestricted
-21.638
-30.939
Net income / lexpenditurel for year
Designaled reserves as at 315t March 2025
Unrestricted reseNes as at 151 Aplll 2024
91,500
113,138
189,345
173,964
Transferred from I Itol restmcted reserves
Net income I lexpenditurel for year
14.858
15.381
Transferred to designated funds
Unrestrlcted reserves at 31 sl March 2025
204,203
189,345
Total reserves as at 3151 March 2025
295,703
302,483