SMART WORIrated on 18 December 2017 and registered as a charity on 5 january 2018 with a clear mi55ion and vision to help more women back into the workplace by giving them the clothes and the confidence they need to succeed atjob interview. Smart Works Newcastle is part Of a network with 55X Other regional charities that deliverthe Smart Works Charity service in their area. At the core of our service is a two-hour appointment, dLJring which time each woman receives a complete outfit of high-qLJality clothes and accessories (theirs to keep) and dedicated one-to-one interview training. This short intervention has a significant impact as our clients start believing in their (>wn ability to succeed. Once they get the job, we offer clients a second dressing for more clothing, 50 that they have a working wardrobe to see them through to their first payday. 2. Achievements and performance NighlSghts Smart Works Newcastle is incredibly proud of what it has achieved in its fourth year. The year started with the challenge of the pandemic which remained a back drop for much of the year. Our highlights for the year can be summarized a5.. Increasing our reach on the previous year- we helped 414 women,. 290 with our core service, plus a further 111 for our career coaching. Developing our career ¢oa¢hing we built on our new career coaching service, which was developed online during the first year of the pandemic, to help women prepare for intetview. This need was identified during the pandemic and expanded our core service beyond only helping those women who already had secured an interview. Developed our relationships with referral partners by recruiting a Referral & Outreach Lead who aims to raise our profile with potential referral partners, builds on current relationships and expands our geographical reach across the North East including Northumberland. Durham and Teesside. Created volunteer experience days where group5 of women can Come into the Smart Works Newcastle Service and spend a day volunteering, gaining skills and experience and have a l..1 Career coaching session, so far we have supported 60 women. SMART WORKS NEWCASTLE Annual Report of the Boord of Trusteesfor the Year Ending 31 M(Jrch 2022 SMART WORIn the local economy and employabilitv. Continue to offer a virtual service (clothing parcels delivered to the client and virtual coaching) meaning we can support more women acr055 the North East region. Fundraising We will continue to maximise fundraising via trusts and foundations. It is expected that the Great North Run will provide at least £4500. We continue to run our fashion Sales Wlth at least three to be held during the next financial year. Other activities generating incorne include an event with our ambassador, our birthday raffle and ourjobs fairs. Outreach As part of our aim to support double the number of women across the region we have recruited a dedicated Referal and Outreach lead this year. Introduction of Women into Work. our women only jobs fair. Targeted plan for accessing all are35 of the region. Profile raising with referrèl agencies. Expand our volunteer day offering Governance We have regularly undertake 3 skills aLJdit of our Board of Trustees and look to ensure we recruit into any gaps we may have in expertise. recognising the need for a greater level of diversity across our organi5ation. 5. Structure, governance and management Governance SMART WORKS NEWCASTLE Annual Report of the Boord of Tru5teesfor the Year Ending 31 Murch 2022 SMART WORKS Smart Works Newcastle and its Trustees are bound by the Memorandum and Articles of Association. The names of the Trustees who served during the period are set out in the reference and administrative information on page 21. Smart Works Charity is the sole rllember of Smart Works Newcastle. Smart Works Newcastle has been granted a license to operate by Smart Works Charity and it has the same objectives and Similar activities as the parent companv. Recruitment and appolntment of new Trustees Regular reviews are undertaken to assess the skills of the current Trustee5 and identify any areas for strengthening. New Trustees are appointed by the existing Trustees and their appointment is approved by Smart Works Charity. Induction and tralnSng of new Trustees New Trustees are provided with an induction to familiarise themselves with the charity and the not for profit sector. They are briefed on their responsibilities by the existing Trustees. New Trustees are also referred to the Charity Commission's guide 'The Essential Trustee.. A Trustee Welcome P8¢k is shared with all Smart Works Trustees when they join the charity, setting our roles. respDnsibilitie5 and the structure of Smart Works both regionally and nationally. Organisational structure and decision making The Trustees review and approve all policies, and follow a strategy set in the busine55 plan. The Trustees meet at least quarterly throughout the year and have an annual session to update and revise the strategy. Management The day to day rnanagement of Smart Works Newcastle is undertaken by the Centre Manager, and her team and overseen by the Chair and board of Trustees. Operational and brand infrastructure is provided by Smart Works Charity. Pay policy for key management personnel All Trustees give their time freely and no Trustee received remuneration in the year. The pay of staff will be reviewed annually. The Trustee5 benchmark pay against pay levels in other similarlv sized charities. Risk management The Trustees regularly review the major risks to which the charity is exposed, in particular those relating to governance. operations, finance, HR, compliance and external factors. In 2021, we recruited a Trustee with specific responsibility for risk and gcivernance, strengthening our position in this area. Relationships with related parties Smart Works Charity is the sole member of Smart Works Newcastle. Policies Policies for all relevant areas are maintained, including Safeguarding. Data Protection, Health and Safety, 8ribery, Conflict of Interest, Complaints Handling and Privacy Policy lor Clients, Donors and Diver51ty. A staff handbook is made available to staff and include5 8 summary of all these policies. SMART WORKS NEWCASTLE Annuul Report of the 80(Jrd of Trusteesfor the Ye(Jr Ending 31 March 2022 SMART WORKS Volunteers The Trustees are grateful for the invaluable contribution of those who give theirtime voluntarily to deliver the dressing and interview preparation for our clients. The number of active volunteers during the year has averaged around 34 with a high retention rate. Arguably, one of the greatest assets Smart Works Newcastle has is the enormous role played by it5 dedicated volunteers. Public benefit The Trustees have read and complied with the guidance contained in the Charity Commission's general guidance on public benefits when reviewing our aims and objectives and IN planning our future activitie5. The achievements above detail how Smart Works Newcastle has complied with the public benefit requirements. In preparing this report, the Tru5tee5 have taken advantage of the Small companies exernptions provided by sertion 415A of the Companies Act 2006. This report was approved by the Board on 11 July 2022 and signed on its behalf by.. Sophie Milliken Chair Trustee SMART WORKS NEWCASTLE Annual Report of the Board of Trusteesfor the Yeor Ending 31 March 2022 SMART WORI 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- 1,14. Name of examiner.. Hannah Ormston Name of firm.. Critchleys Audit LLP Relevant professional body.. Chartered Institute of Public Finance and Accountancv Address.. Beaver House, 23-38 Hythe Bridge Street, Oxford, OXI 2EP Date.. 16 August 2022 io SMART WORKS NEWCASTLE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 MARCH 2022 SMART WORImp3nies regime. Sophie Milliken Chair Trustee Approved by the Board on xxxxxx. The notes on pages 13-20 form part of these account5. 12 SMART WORKS NEWCASTLE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 SMART WORIunting Folicy notes. The financial statements have been prepared on a goinB concern basis. Our services continue to be provided to clients both in-person and virtually and financial support has been provided by grant funders and fundraising activities. There are no material uncertainties in respect of the charitrfs ability to continue as a going concern for the foreseeable future,based on the latest strategic plans, financial budgets and level of reserves. The charity was incorporated in December 2017 and registered as a charity in January 2018. Service provision commenced in April 2018. The charity's presentational and functional currency is Pounds Sterling. Income Income is included in the period in which the charity becomes entitled to the resources, the Trustees have sufficient ￿rtaintY that they will receive the resources and the monetary value can be measured with sufficient reliability. The main income sources are corporate and individual donations, grants, fundraising income and sales of surplus of donated stock. Tax reclaims on donations and gifts Income from tax reclaims are included in the 50FA at the same time as the gift to which they ￿late. Donated goods and services Donated goods and services are recognised in the financial statements when the good5 and services are received by the charity and their value can be measured with reasonable accuracy. The valLJe placed on these resour￿$ is their value the charity. The Trustee5 consider it impractical to measure the value volunteer help and consequently, as permitted by the SORP, their value is not recognised in the financial statements but 15 described in the Trustees, annual report. Donated goods and services all relate to the provision of dressing stock used to deliver the service. Expenditure Expenditure is included in the statement of financial activities when incurred and includes attributable VAT which cannot be re¢overed. All expenditure is allocated to the particvlar activity where the mst relates directly to that activity. Indirect costs and overhead expenses are apportioned on a judgemental basis in proportion to floor Spa￿ Ljsed. 13 SMART WORKS NEWCASTLE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 fvIARCH 2022 SMART WORI