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2025-03-31-accounts

2024-25 ••. •• ANNUAL REPORT INSPIRING YOUNG PEOPLE & ACCOUNTS

Contents

02 Welcome

04 Vision & Mission

05 Impact data

06 Highlights & Achievements

13 Fundraising

Trustees :

Andrew John Couldrick Louise Catherine Courtney-Taylor Arthur Humpfrey Baillie Brown Jacqueline McDowell Sabiene Rose North Paul James Brown Nicole Guest

14 Trustees & Volunteers

Independent Examiners

Edmil Accountants, 146 Broadway, Didcot, Oxfordshire, England, OX11 8SH

Bankers

CAF Bank 25 Kings Hill Avenue Kent, ME19 4jQ

The names of all young people used in this report have been changed to protect their identity.

Didcot TRAIN - Inspiring Young People Suite 1a 5/6 Marketplace

Didcot Oxfordshire OX11 7LE

www.trainyouth.org.uk 0745 8306 358

Charity number: 1176258

The trustees of TRAIN are pleased to present our annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements. TRAIN’s trustees have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties.

Hi,

I’m Ellie, and I’m happy to be writing this welcome as a youth ambassador for TRAIN!

It’s been a busy year at TRAIN. We’ve had loads of youth clubs running, more trips, and we even started football back up again, which has been so good. There’s also a new participation group, and the biggest thing is that TRAIN opened in Wallingford – which is exciting because it means more young people can get involved.

TRAIN has made such a difference for people like me. It’s helped people feel more confident and comfortable to just be themselves. When things are tough – whether it’s stuff at home, problems with mental health, or just the usual drama you get in Didcot – it’s good to have somewhere to go where you can talk to someone, chill out with friends, play games and just have fun. And now with Wallingford open too, more people have something to do instead of being bored or getting into trouble.

This year I really hope TRAIN keeps growing. I’d love to see more trips, more opportunities like the participation group, and just more chances for young people to get involved and feel part of something. TRAIN is great for teenagers – it’s a place where you’re accepted and supported, no matter what.

I hope you enjoy reading about everything we’ve been up to this year!

Ellie,

Youth Ambassador

02

Our Vision

Every young person has the opportunities, tools and support to create a positive future.

Our Values:

Honesty & Integrity

We communicate openly and honestly with the

young people, communities, and stakeholders we serve.

Quality

We deliver quality youth work, building trust, personal growth, and positive change through respectful, engaging relationships.

Co-operation

We build co-operative relationships with local organisations, public bodies, and the community to give young people the best opportunity to thrive.

Collaboration

We partner with others to deliver more for young people, optimising resources and staying true to our mission.

“TRAIN have been amazing with my son. I feel I can trust them. They do trips and cooking with them. My son loves TRAIN, he goes twice a week and really looks forward to it. He doesn’t get into trouble there, and the friendships he’s made seem good.”

03

Our Mission

TRAIN empowers young people to develop a strong sense of self-worth, make good life choices, and accept and value their right to healthy relationships.

TRAIN exists to improve the life opportunities of young people aged 10 to 18 in Didcot and Wallingford, especially those who are in need, disadvantaged or vulnerable, by empowering them to make informed decisions, attain stability, and become integrated members of society. Through engaging young people with our services, we watch their relationships with family, school and the wider community improve.

Our Impact

Young people are connected, confident, and actively participating in their positive future in society.

Charitable purposes

TRAIN’s charitable objects, found in our constitution, are:

To help and educate young people, who are either homeless or otherwise in necessitous circumstances, through their leisure time activities to develop their physical, mental and spiritual capacities so that they may grow to full maturity as individuals and members

of society, so that their conditions of life may be improved.

04

Impact data – 2024/25 at a glance

668

Young people reached

209 Engaged through new Wallingford provision

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459
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Mentoring sessions

Young people felt better about life as a result of their work with TRAIN

50+

Young people accessed TRAIN’s services more than 20 times last year

4.6

Parents' rating of the service TRAIN is providing

Parents say TRAIN Improved their mental has helped their health as a result of child grow in their engagement with confidence TRAIN

“TRAIN does such incredible work for local young people, providing them with a place to feel safe and supported. Their team cares about helping everyone reach their potential, and it shows. I am grateful for everything they do and am proud to stand behind their efforts”

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TRAIN 2024-25: HIGHLIGHTS AND ACHEIVEMENTS

Didcot Youth Centre Gets Revamp

A fresh look and new kit have transformed our Didcot Youth Centre this year. With help from private donors and local firm Total Electric, we now have sofas, air hockey, table football, improved lighting, and — crucially for teenagers — phone chargers throughout the space. Young people also enjoyed cooking and sharing a full Christmas dinner, and a volunteer from the South Oxfordshire Muslim Association led a popular henna art session.

Over the year, 274 young people came through the doors of our youth club, which runs multiple weekly sessions. The centre is a place to hang out, eat, and take part in activities — but most of all it’s a safe space to relax and connect with youth workers for informal support.

The refurb also benefitted our Year 5/6 group, which meets weekly. With 87 primary school children attending across the year, this club gives younger pupils a chance to build friendships, grow in confidence, and prepare for the move to secondary school. Sessions included rounders in the park, team games, and a group baking night. The club continues to give young people the reassurance of a trusted space at a crucial transition point.

TRAIN Combats Holiday Boredom!

Our holiday programme gave young people the chance to break routines, try new things and spend time together in safe and supportive settings. From ice skating in Oxford or Thorpe Park to cooking workshops, these activities created milestones for young people who might not otherwise get such opportunities. Alongside the fun, these days built independence and confidence, while also giving youth workers space to strengthen relationships. In total, 73 young people took part, each trip helping them feel more connected and ready to engage with TRAIN’s wider support throughout the year.

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TRAIN 2024-25: HIGHLIGHTS AND ACHEIVEMENTS

TRAIN Opens Wallingford Youth Centre

2024 was a landmark year for TRAIN as we opened a dedicated youth centre in Wallingford. For years, young people had told us there was nowhere safe to go after school. With support from local partners and funders, we were able to change that and put a consistent offer in place in the town. The expansion into Wallingford has been led by Yasmin, who grew up in Didcot and first came to TRAIN as a young person herself. She knows from experience what it feels like to have nowhere to go and how much difference a youth worker can make.

The Town Council offered TRAIN the use of their former offices at St Martin’s Street. From the beginning, young people were involved in making it their own. With the support of local artist Andrew “Mani” Manson, they designed and painted graffiti murals across the walls, turning an empty civic space into a vibrant youth centre that reflects their identity and creativity.

Since opening, 209 young people have engaged with Wallingford TRAIN through the youth centre, outreach in the community and work in Wallingford School. The youth club is the centrepiece. Pool, table tennis and a PS5 bring people through the door, and food on the table helps create a homely feel. What matters most are the conversations that grow around those activities. As one young person explained, “When I’m angry I talk to Yasmin and she just calms me down. I have a feeling she’s gone through the same thing.”

Wallingford TRAIN is still new, but the impact is already visible. Young people are attending regularly, building trust, and finding a space in town that feels like their own.

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TRAIN 2024-25: HIGHLIGHTS AND ACHEIVEMENTS

SHOUT! Creates a Safe Space for LGBTQ+ Young People

Alongside the new youth centre, we launched SHOUT! in Wallingford — a weekly group for LGBTQ+ young people and allies. It is one of the only regular spaces of its kind in South Oxfordshire.

What makes SHOUT! distinctive is the leadership behind it. The group is co-led by two young LGBTQ+ volunteers in their twenties, supported by a TRAIN youth worker. Their lived experience brings authenticity and relatability. Sessions are shaped by the group themselves and have included peer discussions, creative activities, and a visit from the Terrence Higgins Trust on healthy relationships. So far, 34 young people have taken part. For many, SHOUT! is the first place they can talk openly about identity without fear of judgement.

Graffiti Makeover Reclaims Winterbrook Bridge

Over the Easter holidays, a group of local young people gave Winterbrook Bridge a new look. With the guidance of a street artist and TRAIN youth workers, they designed and painted a vibrant mural on a stretch of wall that had long been a target for tagging. Thirty young people took part, turning a space once linked to anti-social behaviour into something they could be proud of. Laurie, one of the participants, said: “Doing the bridge was fun and really creative.”

For many of those involved, it was a first chance to try graffiti as an art form in a supported setting. The project gave them space to be creative, work together and leave a mark on their town that others can enjoy. As Yasmin, who leads TRAIN’s work in Wallingford, put it: “The graffiti project showed just how much energy young people bring when they are trusted to take part in something positive.”

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TRAIN 2024-25: HIGHLIGHTS AND ACHEIVEMENTS

Oxford United Stars Surprise Didcot Young People

Young people at our Premier League Kicks session were stunned when Oxford United players Marselino Ferdinan and Przemysław Płacheta walked onto the pitch. The two first-teamers joined the game, answered questions about their careers, and shared what it takes to succeed in professional football.

Football has become one of TRAIN’s most consistent offers. Every week, young people gather for free sessions run with Oxford United in the Community. The pitch is where they build discipline, teamwork and resilience, while also having trusted youth workers on hand for support. Over 100 young people took part in football with TRAIN this year.

In November, a small-sided match brought young people together with the Didcot and Wallingford Neighbourhood Police Team. They played out a 2–2 draw before sharing a Q&A. Fraser, aged 13, summed it up: “People stereotype the police, but when you meet them like this, they seem more chill. It was good. It was fun to play.”

Detached Youth Workers Defuse Town Centre Incident

In Didcot town centre, youth workers came across a group of young people in a heated confrontation with an adult. Items were being thrown, voices were raised, and the situation was becoming aggressive. One youth worker engaged the adult while another spoke with the young people, then opened our youth centre so the group could move into a calm and safe space.

Detached youth work is about being present in these moments. By meeting young people where they are, we can de-escalate conflict and connect them with safer options. This year over 200 young people were reached through detached sessions in town centre, skate parks and green spaces.

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TRAIN 2024-25: HIGHLIGHTS AND ACHEIVEMENTS

Teens and Care Home Residents Swap Stories

At Poppy Meadows care home, a group of young Community Ambassadors set out to bridge the gap between generations. Their sessions mixed games, creative activities and plenty of conversation. One of the most memorable moments came when they asked residents, “What advice would you give your younger self?” The answers ranged from funny to thoughtful and gave the young people a glimpse into lives lived very differently from their own.

The project was youth-led from the start. The group chose their focus, designed the activities and saw the work through, showing that young people can shape projects that matter to the wider community. Participation projects like this give young people the responsibility to plan, lead and reflect, helping them see themselves as contributors to their town. At the same time, they build confidence and spark conversations that would not happen otherwise.

This year, 12 young people took part in intergenerational social action. Their work has already been recognised with a nomination for an Age Friendly Award, a testament to the impact of connecting people across age groups.

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TRAIN 2024-25: HIGHLIGHTS AND ACHEIVEMENTS

Safer Streets Sessions Tackle Harmful Gender Attitudes

Across local secondary schools this year, groups of young people took part in a six-week Safer Streets programme. The sessions focused on issues such as consent, gender stereotypes and healthy relationships. Youth workers created space for honest discussion, helping young people reflect on their own experiences and think about how to challenge behaviour that doesn’t feel right.

The course is part of TRAIN’s wider focus on prevention. The sessions provided early support before problems could escalate. At the end of the programme, participants produced short videos and materials that were shown in assemblies, spreading the message to the wider school community.

Young People Step Up as Wellbeing Champions

Through our IMPACT programme, young people trained as Wellbeing Champions and took on roles supporting their peers. Year 10 students at Aureus School mentored younger pupils, helping them settle into secondary school. At the same time, Year 6 pupils at Willowcroft Primary learned about mental health and designed their own social action projects, from posters and assemblies to improving their school reward system.

Marie’s story captures the change. She arrived anxious and withdrawn but found the mental health awareness sessions helpful, especially on stigma. Over time she grew in confidence, smiling more, coping better, and even leading a school assembly on wellbeing. In total, twenty young people took part this year, contributing more than 300 hours.

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TRAIN 2024-25: HIGHLIGHTS AND ACHEIVEMENTS

Young Ambassadors Speak Out at the European Space Agency

In March 2024, three young ambassadors stood on stage at the European Space Agency for an event hosted by the Didcot Powerhouse Fund. All three had been supported through TRAIN’s mentoring programmes and spoke about the difference it had made in their lives. Jess put it simply: “What would life have been like if I hadn’t met TRAIN? It would have been lonelier and scarier. TRAIN helped me connect with people.”

Mentoring is at the heart of TRAIN’s work. Group sessions focus on themes like emotional regulation, relationships and decision-making, while one-to-one support gives young people a safe space to talk through personal challenges. The goal is always to build trust, provide practical tools and show that change is possible.

Kieran’s Story: From Exclusion Risk to Re-Engagement

At 15, Kieran was at risk of exclusion and felt trapped by a bad reputation. With difficulties at home and strained relationships at school, he had few coping strategies and had started to disengage. Through regular sessions with a TRAIN mentor, Kieran rebuilt trust with staff and created a regulation plan that worked for him. Suspensions have reduced, relationships have improved, and he now has a more positive outlook.

TRAIN Mentor Appears on ITV

Mentoring also shapes wider conversations. When ITV News covered retail crime, TRAIN youth worker Georgie was invited to share her perspective. Drawing on her experience supporting young people at risk of offending, she explained the underlying drivers and highlighted positive solutions like mentoring. Her contribution showed how TRAIN’s frontline work can inform the public debate.

This year more than 100 young people benefitted from TRAIN’s mentoring.

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TRAIN 2024-25: HIGHLIGHTS AND ACHEIVEMENTS

Fundraising successes!

None of what you have read in this report would have been possible without the generosity of our supporters. Some are major grant makers investing hundreds of thousands into youth work, others are local businesses, community groups and churches, and many are individuals who give quietly and often sacrificially. Whether large or small, each gift matters. Together, this collective generosity means young people in South Oxfordshire have safe spaces to go, trusted adults to turn to, and opportunities to thrive. For that, we are deeply grateful.

Skating for a Cause: 260 Miles in 24 Hours

Dom Brown and the RAF Skateboarding crew pushed themselves to the limit at UK Ultra Skate 2024, covering an incredible 260 miles in just 24 hours. Their effort raised £855 for TRAIN, with Dom explaining: “After working with young people for over a decade, I wanted to do more to support them in fun, safe spaces. Fundraising for TRAIN felt like the perfect way.” Huge thanks to Dom and the team — every mile skated helps young people thrive.

£75,000 Grant Powers Expansion of Detached Youth Work A major boost came this year from Ansvar Insurance’s Programme of Giving. TRAIN received a £75,000 grant, paid over three years, to expand detached youth work across South Oxfordshire. The funding will allow us to double our outreach and support more young people where they need it most — on the streets, in parks and town centres. Ansvar’s Managing Director, Sarah Cox, praised the partnership and backed TRAIN’s ability to extend its reach at a time when young people need it more than ever.

“The work of TRAIN is so important in offering early intervention to young people, by giving them a safe space to congregate, raise awareness of societal risks and dangers, and in providing positive activities to support them making better choices going forward.”

13

TRAIN welcomes four new trustees

This year we welcomed four new trustees, bringing exceptional leadership and fresh insight to our board.

Andy Couldrick, now Chair, is the former CEO of Wokingham Borough Council and Birmingham Children’s Trust, where he led a major turnaround in children’s services. He also serves as a commissioner for the Department for Education.

Jackie McDowell, our Trustee for Finance, combines deep charity sector experience with a background in tax and business leadership, and holds a postgraduate diploma in charity finance and management.

Arthur Brown is a youth work specialist with 25+ years in intercultural engagement and leadership, including a decade training youth leaders in Lebanon.

Kate Courtney- Taylor brings a wealth of strategic and marketing experience from the medical sector, alongside a growing portfolio of grassroots youth and community roles. Together, they add strength, challenge and renewed purpose to our board.

Volunteers Make the Difference

This year we welcomed volunteers with skills ranging from DIY and media to youth work, finance and administration, along with students from Oxford Brookes. Each has added something valuable, whether helping behind the scenes or working directly with young people. Their time and commitment mean our spaces run more smoothly and our programmes reach further. We are grateful for all they have given.

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TRAIN’s Future Plans

Last year we said we would expand into Wallingford, strengthen our Board, diversify our income, recruit more volunteers, amplify youth voice, and publish a theory of change and forward strategy. We did all that. It has been a year of delivery and change, and it leaves us with a strong base to build from.

Looking ahead, our work is shaped by four strategic priorities.

Develop a leading youth work offer

We want TRAIN to be known for high-quality youth work. That means embedding ourselves more deeply in schools and rebuilding our detached work so young people see us regularly in parks and town centres. We will also relaunch our participation pathways, giving young people the chance to take on leadership roles and work towards qualifications.

Strengthen our reputation and connections

Partnerships are becoming part of who we are. From football with Oxford United in the Community to joint local provisions through the Didcot Community Partnership, we’re working alongside more organisations than ever. In the year ahead, we’ll grow these collaborations, and with it TRAIN’s reptuation in the local community. We also plan to host the first Didcot Youth Festival — a chance to bring young people, families and partners together on a bigger stage.

Build financial resilience

We know sustainability depends on strong back-end capacity. This year we will build our fundraising capacity, alongside appointing administration support, so we can improve our communication with supporters and free up delivery staff to focus on young people.

Expand carefully into new communities

Wallingford will be our focus for growth this year, with staffing stabilised and the programme broadened. Beyond that we are exploring other areas, taking time to see whether TRAIN’s approach is the right fit. We will also pilot a residential sailing trip, testing the appetite for more adventurebased provision.

15

Financial Review

In total, TRAIN received £293,719 in income this year (2023–24: £377,922). The difference between years reflects the timing of the legacy instalments. Importantly, our core income from trusts, foundations and statutory sources grew, giving us confidence in the underlying strength of our fundraising.

2024-25 2023-24 Hazel’s Legacy
The most significant factor shaping TRAIN’s
finances in recent years has been the
Walker legacy. Hazel Walker, a local
resident who believed in the power of youth
work, left a large part of her estate to
TRAIN with the wish that it be used to
strengthen TRAIN’s sustainability. Trustees
have taken that responsibility seriously. The
first instalment of £200,000 received in
2023/23 allowed us to restructure with a
non-executive board and appoint a CEO,
creating the leadership and stability
needed for future growth. The final
instalment of £78,000, received in
2024/25, is supporting investment in core
capacity — leadership, administration and
fundraising — which underpins all our
delivery with young people.
Trusts and Foundations 144,353 110,565
Statutory Income 44,417 38,041
Faith Groups 3,451 3,380
Corporate Donations 6,621 9,763
Individual and Legacies 87,285 210,624
Other Trading Income 736 1,624
Charitable Activities 2,750 2,779
Investment Income 4,106 1,146
Total Income 293,719 £377,922

Expenditure in the year was £268,347 , with £33,569 spent on raising funds (2023–24: £17,803) and £234,778 on charitable activities (2023–24: £179,672). This increase reflects both the investment in building fundraising capacity and the expansion of direct delivery for young people. We hold one designated fund, created from the first phase of the Walker legacy to underwrite the CEO post. This fund is being spent down and we expect it to be fully used in the coming year.

Reserves policy and position

TRAIN’s reserves policy is to hold free reserves equivalent to four to six months of operating costs. On the 2024–25 budget this equates to £93,000 to £140,000. At year end, free reserves stood at £197,573, which is above target. Trustees are clear this is a temporary position arising from the Walker legacy and the timing of income. We have a planned spenddown as we continue to invest in core capacity, and as TRAIN grows, the operating cost base against which reserves are calculated will increase, naturally bringing us back into range.

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STRUCTURE, GOVERNANCE AND MANAGEMENT

The framework for the operation of TRAIN is set out in its Constitution dated 13 June 2023. The Charity is led by a Board of Trustees, who delegate day-to-day management responsibility to the CEO. The Board of Trustees meet four times a year, with additional meetings as necessary. Three sub-committees have been established to support the CEO with the day-to-day running of the Charity. They are Strategy and Operations, Fundraising and Communications, and Finance and Risk. Each has a term of reference and meets in advance of quarterly trustee meetings, providing oversight and reporting on key activities. A designated trustee has specific responsibility for oversight of safeguarding.

Members of the board of Trustees, who served during the year are listed below:

The trustees regularly review the balance of skills, competencies and experience which are needed to ensure that the charity continues to meet its aims and fulfil its charitable objects. New trustees have been found through online advertising and an open recruitment process. New trustees are appointed by a resolution passed at a properly convened meeting of the charity trustees. They receive an induction with the necessary information on the role and responsibilities of a Trustee and an understanding of the Charity’s work and mission. All Trustees undergo safeguarding training, DBS checks and sign a declaration of eligibility.

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.

In preparing these financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent;state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and — prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the board of Trustees and signed on their behalf by:

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INDEPENDANT EXAMINER REPORT

Edmil Accountants UK Ltd 78A Broadway Didcot Oxfordshire OX11 8AE 09 October 2025

Independent Accountants' report to the trustees of Didcot Train-Inspiring Young People on the preparation of accounts for the year ended 31 March 2025

In accordance with your responsibilities under the Charity Commission Act 2011, we have conducted an independent examination of the accounts of Didcot Train – Inspiring Young People for the year ended 31 March 2025. Our review was based on the company's accounting records along with the information and explanations provided to us.

This report is addressed solely to the Board of Trustees of Didcot Train – Inspiring Young People, in line with the terms outlined in our engagement letter. Our work focused exclusively on the examination of the accounts and stating the relevant matters we have agreed to include in this report. To the fullest extent permitted by law, we accept no responsibility to anyone other than Didcot Train – Inspiring Young People and its Board of Trustees as a collective for our work or for the contents of this report.

It is the responsibility of the Board of Trustees to ensure that Didcot Train – Inspiring Young People maintains adequate accounting records and prepares statutory accounts that present a true and fair view of the charity’s assets, liabilities, financial position, and surplus.

In performing our independent examination, we adhered to the guidelines established under section 145(5)(b) of the Charity Commission Act. After reviewing the accounts prepared by the treasurer for the year ended 31 March 2025 under section 145 of the Act, I am satisfied that the accounts accurately reflect the transactions of Didcot Train – Inspiring Young People for the period under review. Furthermore, I did not identify any concerns or material misstatements in the accounts that could adversely impact the understanding or interpretation of the financial position of the charity.

Thank you for the opportunity to assist in this important process.

Edwin Samu- FCCA, FMAAT, BSc (Hons), MSc. PG. Cert. Director Edmil Accountants UK Ltd

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TRAIN 2024-25: ACCOUNTS

STATEMENT OF FINANCIAL ACTIVITIES

The notes on the pages that follow form part of these accounts

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TRAIN 2024-25: ACCOUNTS

BALANCE SHEET

Approved by the Trustees and signed on their behalf by:

Andy Couldrick, 22 October 2025

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TRAIN 2024-25: ACCOUNTS

NOTES FORMING PART OF THE FINANCIAL STATEMENTS

1 ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared in accordance with the Statement of Recommended Practise: Accounting and Reporting by Charities (FRS102) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) – (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006. They have been prepared under the historical cost convention.

Income

All incoming resources are included in the Statement of Financial Activities once the charity has legal entitlement to the resources, it is probable that the resources will be received and the monetary value of the incoming resources can be measured with sufficient reliability.

Expenditure

Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis. Direct costs are those that can be readily attributed to specific activities. Support costs are allocated according to the amount of direct salaries charged to activities and with regard to the level of activity by our volunteers, to arrive at a reasonable statement of the cost of each activity.

Fixed Assets and depreciation

Tangible fixed assets are included at cost less depreciation. Depreciation is provided on Office Equipment and Office Furniture at the rate of 25% (straight line basis), from the date of acquisition of the asset. Fixed Assets costing over £1,000 are capitalised in accordance with our Capitalisation Policy. Intangible assets are measured at cost less accumulated amortisation. Amortisation is charged so as to allocate the cost of intangibles less their residual value over their estimated useful lives using the straight line method.

Debtors and Creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

Cash at Bank

Cash at bank and in hand includes cash and bank accounts.

Financial Instruments

The charity only has assets and liabilities of an ordinary kind that qualify as basic financial instruments.

Unrestricted Funds

Unrestricted funds represent donations, grants and other incoming resources received for the objects of the charity without a specified purpose and are available as general funds. From time to time the Trustees may establish Designated Funds out of the Unrestricted Funds to meet contingencies.

Restricted Funds

Restricted funds are used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund, together with a fair allocation of management and support costs.

2. LEGAL STATUS OF THE COMPANY

Didcot TRAIN - Inspiring Young People ('TRAIN') is a Charitable Incorporated Organisation ('CIO') registered with the Charity Commission of England and Wales under charity number 1176258.

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TRAIN 2024-25: ACCOUNTS

NOTES FORMING PART OF THE FINANCIAL STATEMENTS

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TRAIN 2024-25: ACCOUNTS NOTES FORMING PART OFTHE FINANCIALSTATEMENTS FOR THE YEAR ENDED MARCH 31 2025 Icontinuedl Otti¢e Eouipment, Fixtures & Fitiings S FIXED ASSETS Cost Opening 8818nceApril 12024 Disposals Closing Balan¢e March 312025 Aeeumulatad D•prael8tlon Opening Balance 1 April 2024 Chaige foryear Closing Balance 31 March 2Q25 Net Book Valu• At 31 March 2025 7,110 7,110 7.110 7,110 At 31 Ma¢¢h 2024 6DEBTORS 2025 2024 Prepayments Debtors 8,238 9.000 1.312 Accounts Receivabl• Oth•r Debtors 2.976 1,856 6,144 Ac¢rued In¢ome 1,500 16,738 7 CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2,526 3,470 517 63,253 69,766 2024 Creditor$ & A¢Gruo1$ PAYE & N8iion81 In$uran¢e Pènsion Creditor Deterreo In¢ome 3,772 796 17,460 22.028 Noie 8 Rele8sad to DEFEARED INCOME Balance 1.4.24 FundingRec8ived SOFA D8f8rred 31.3.25 Diclcor Powerhouse BBC Children In Nood SNG 25-28 Grant SODC Councillor5 Grant OCF Living E8sentials Grant SNG Summer 25 Fesifval Grani Award5 4 All Clarion Housing Pye Charitable Trust 9,960 7,SOO 9,500 22,500 7,500 10.000 9.940 5,000 20,000 9,310 10,000 103.750 9,960 30,000 1,875 9,500 5.625 10,000 7,135 5,000 13.863 3,880 8.250 63,252 2,805 6,137 5,430 2.750 58,957 17,4&1 Deferred Incom8 represents incom6 received prior to 31 MBrch 2025 but which r&lat88to periods Post 1 Apiil 202S 23

TRAIN 2024-25: ACCOUNTS NOTES FORMING PARTOFTHE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 MARCH 2025 Iconiinuedl 9RESTRICTEDFUNDS Movement in Regourc•s B8l•n¢o 1.4.2024 B•Lan¢o 31.3.2025 Additions Outgoinqs Transfers Servlces Drop In Detached & OLJtre8eh Equipment Football Impact Participation Ollice Overheads Powerhouse Holiday Activiiies SYW Nentoring Wallingtord Youth Empowerment Youth Champions Youth Club Saler streets Tran8ler8 between Fund8 6,178 6,178 5.875 2,500 1.rK)O 11,392 4,180 2.273 54,698 5,875 2,500 1,000 4,036 6,930 1,273 52,863 7,356 2,750 1.000 1,835 340 7,215 7,210 3,024 8,980 8,730 21,752 9.320 14,272 27.335 2.837 9.960 17,3S8 6,WO 1,673 1,827 187 9,960 14,942 6,000 4,660 2.244 38,818 144,841 175.178 8,481 10 DESIGNATEO FUNDS The Trustees designated £1 00,000 from the Walker le88¢y in january 2023 to Cover the ¢osts ol employing 8 CEO. The balace carried forward at year end is £45,437 which is forecast to be lully utilised by 31 March 2026 11 ANALYSISOF NET ASSETS BETWEEN FUNDS 2025 2024 Flxod Ass•ta Not Current Assèts Total Total Restricted Funds Unrestricted funds Designated Funds 8,481 197,573 45.437 251,491 8,481 197,573 45,437 251,491 38,818 96.396 90,905 226,119 24

TRAIN 2024-25: ACCOUNTS NOTES FORMING PART OF THE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Icontinuedl 12 STAFF COSTS 2025 2024 Salaries N8tional Insurance and Pension Contribution Total Temporarystsff & Consultsncy 157,395 11,651 169,046 124,202 6,151 132,353 169,046 132,353 Numbers 2025 2024 Number of stattemployed Fuiiiime Equivalents No employees reeeNed employee benetits lexclu(Jlng employer pension cosisl of more than £60,000 Employae benelits pald to key m8nag?m•nt per50nneltot811ad £45,465 12024 £8,750) Thi8 incre85e 15 due to the Dlrector belngemployed lor only3 month¥ In 2024. rhe ev8luaied v81ue ol our volunieers lime, for the year under review, of 131S houis 81 r8te8 provlded by the European Social Fund, •qu8tes to 8 valuo 01 £22.595. The gtaff 8nnual108vo y?8r is the ¢18end8r year. but 88 8n insignificgnt numb8r of holid8y3 grg carried lorwèrd, we hove not 8¢counted for any liability in respect of holi<Jhys tswed. 13 TRUSTEES. REMUNERATION AND EXPENSES No iemunerarion. directly or indireciiy. out of the funds of the charity was paid or was payable for the year to anyirustee or to any person known to be conrected to any irustee. No amounts were reimbursed to any Trusie8s12024- NIL) during Ihg year. 14 OBLIGATIONS UNDER LEASES Operating leases The total ol future minlmum le8ye p8ym•nt818 83 follows.. 2025 2024 Not later than one ye8r More than one year untilfirsi broak ¢1OLlSe 18,000 22,832 18,000 40,832 40.832 58.832 The 8mount of non-csncellsble oper8ting le88e p8yment5 recognised as an expense during the ye8rw88 £18,000 15 RELATED PARTY TRANS4CTIONS The Trustees confirm th8t there have been no related partytransactionsthat require disclosure In the accounting period

TRAIN 2024-25: ACCOUNTS

Direct costs have been allocated to the charity’s activities when they can be identified. Support costs are allocated according to broad judgements of the amount of staff time spent on each activity.

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Didcot TRAIN Suite 1A 5/6 Marketplace Didcot, Oxfordshire OX11 7LE Wallingford TRAIN 9 St Martin’s Street Wallingford OX10 OAL 07458 306358

info@trainyouth.org.uk www.trainyouth.org.uk Charity Number: 1176258