Projects 4 Change Registered Charity No. 1181162 Financial Statements for the period ended 31 March 2023
Le al Information- 2022123 Namo: ProJe¢ts 4 Change Charlty Number: 1181162 structurn- RegISted Char Trust•es: Chesley Conlln Syeda Ahmed Amy Coale5 Tahir Rashid Helen Hall Linda Hobson SSmon Pinkngy Chalr Vic6 Cha"r Secretary TaSurer Tfusiee TSle8 Tw$tèè Addrgss: Projecls4Change 8ettys Hul and Garden The Cowg8le Centre Houghlon Avenue Newcastle upon Tyne NE5 3UT Independent Exarnlnor: Mark Thompson MA4T 42 Lesbury Road Newca511e Upon Tyne NE8 SLB
Report of lh• Trustsos for tho Perlod End8d March 2023 Projecls4Change IP4CI works predominantly with young people aged 11-18 in Cowgale and the surrounding areas of Newcastle Upon Tyne. Many of the young people are living ift poverty and are facing significant barriers to a happy and stable life. The local community has a higher than average number of young people and 8 larger number of single parent families. This means the povety experienced on the eslaie particularly affects the lives of children and young people. Working together with young people we have creaied fantasllc opportunilies for their development and responded pro.actively to the challenges of 2022-23. This has included, 5 residentials, 1 Sailing Tnp. a Change Maker Volunteer-youlh Led mulli arts festival. A youth lèd bi-weekly Trans +non-binary support group. Weekly Haven forest school sessions In Kenton. Two days per week Youth al Kenton IYAKI is a project commissioned by AGtson4Children to work wilhln the local school. Crafty Cowgale lcrafy solutions lo enviTonmenlal problems Project). Young volunteers planned a Halloween Treasure Hunt and crfyaled a booklet by the yOLtng people about gender based violen. We delivered holiday programmes and Piloted a Counselling in Nature services at Ihe request ol our Change M8ker Volunteers. Pro ects ol note. Counselling In Nature, Counselling Pilot seryice for younsj people Betty's Hul mulil arts festival with Ihe Unfoldlng Theatre Crafty Solutions lo Environmental Problems, with Monkfish Pro¢Juclions Salllng wlth the Blue Spiril Bursary Fund Youth al Kenlon, school based wellbeing support with Aclion4Children 12 days of Christrnas Prolecl with LGA Gender based ¥Ience bookl81 greeled by our Change Maker Volunleerg Rlsk Manag•m•nt Tho executive members have assessed the m8jor risks lo which the charity Is exposed, and are sallsfled that systems 819 In place to mlllgale oxposure lo maior rlsk$. TfustOa¥' Tesponslblllti•s In relatlon to the financlal statemènts Charity Law require5 Ihe Trustees to prepare financial slalements lor each finanu81 year which comply with the regulations s8t out In th8 Charities Act 1993. The Trusleas have èleded lo take advantage of the provisions that apply to small charities and have prepared a Receipts 8nd Paym6nts A¢Gounl and Statement of Assats and Uabllllles. Signed-. ..Ch8ir, on behalf of the Twstees, dale..
Projects 4 Change Recelpts & Payments Account 1 Aril 2022 to 31 March 2023 2022-23 Unrestricted Restricted 2021-22 Total Notes Recelpts Grants & Donations 47738 65782 113520 100750 Total Receipts 4TT38 65782 113520 100750 panents Salary Costs Capital Project Youth Training Activities, Mal8rials and ResoUe8 Sweatshirts Subsi5tance and Refreshments Betvs Hut Operating Expenses Unfolding Theatre Totem Pole Molor and Trav8lllng Expenses Media Expenses Insurances Postsge and Stationery Accountancy Subscriptions Sundries Depreciation 32102 25776 26730 57878 26730 435 11680 563 3593 1126 8382 1300 2708 87 208 547 280 200 282 53491 15183 1683 9430 138 3317 1218 435 8424 563 3593 1126 3256 8382 1300 608 87 208 547 280 200 282 2100 3510 96 208 249 275 198 162 Total Paymonls 49755 115999 89158 SurpluslDeficit for the period -2017 462 -2479 11592 Transfer Betwe&n Funds Funds at 1 April 2022 46347 14680 61027 49435 Total Funds at 31 March 2023 44330 14218 58548 61027
Projects 4 Change Balan¢0 Sheet as at as at 31 March 2023 Notss 2023 2022 Flxed Assets Tangible Ftxed Ass&ts Curronis Assots Cash at bank and In hand 60982 64174 Currènt Llabllitles -2414 -3147 Net Currènt A6t$ 58548 81027 N•t Assèts 58548 61027 Funds Reslricted Funds General Funds 14218 44330 14680 46347 Total Funds at 31 March 2023 61027 The financial stslements were approved by the following members ol thg Management Committee.. Signed..... Powllon.. Signed. PosIn.. Dale Ig. i?.9023
Projects 4 Chan Not•8 iothe Flnanelal siat•m•nts 88 at 31 March 2023 1 Tr finBncial sialements have been prepared in aCrdance wth A¢ting and Rwjtting by Ch8nti Statetnenl ol Recommended Pracbc8 ap1(%1£ to lan&S preparing Iheir avnI5 th the FIn3nd Rewwbng Standard atvlicablv in the UK RepuNic al Ireland IFRS 1021 leffectwe 1 Januwy 20151- Charilios SORP IFRS 1021, the Financial R8Ptsting Slandard In the UK Reputc of Ireland (FR$ 1021 thè comp86&Act 2(#J6 Prt8 1 Change meets definlbon of8 put4K enity undef FRS 102 Assets and liablthes ale Inltlfy ¥ecowL88d 81 h1081 c1 ¢x Iransgclkin vabje UTh$$ othe188 in Iht r818vant¥ccouThthg pStynfA¢lg1. 2 Prole¢ts 4 Chang818 8 ch•rly rBgk%lered ith Cty Commssw. Reuislrd¢w rn 7181162 11 16 ty8 manwnent commltt•è. 3 No remthler8ln w•$ pwld lo tsu818es obrfng Il y••r. 4 Grants RoG(tlvod. UnMtrlct•d 6alllnwTftsst Patrh Conn¥ctèd Vty¢e ICc61 of L1VJ1 Garfidd Wesion Trust Ed98 N¢)rth E&¥1 UK Youlh Icoslof LIVIr FyTrJl 01hordonaliS Totsl UnM8trl¢t•d Qrir 10WJ 200LX) 10Cb) 100 738 4T138 R•8trlct4d Lifétime Train RIS8 North East Slreetggmos N(rf¢h East Monkn5h Pr0dL1108 The Unroldl Thqalr• Northumbrij Pdlce (me CnlIOner Key f0417rJ6 M8kots Volurthers Aclhjn f(x ChlldFEll Now Writing Ncrth East LGA FounOaiKJn (Ttraae cl)) LGA F¢)undalK)n112 Days ofchrf$tsna$l Communly Ftyjndaibn TyrKI 8 Wear aTrJ NorthumbBrlend.. Well8sl•y Tntsl Youlh Inve51mwl Fund IPLqMh)g &Bnll Tot•1 R•8trlcid Grant 1750 1971 2500 9932 6953 6718 9218 16740 65782 Total Grants & Donatlons Recetv•d 113520 3 Toigl Salary & Nl coats for tho É57,878. Th• etht fcf Indep8nd8nt E•mlnicffj for the y••r1 £300. r Curr•nt Llibllltl•• PAYE IHMRCI crJitor 2414
8alanco Balafic• 0110412021 Inc Exwnd 3110312023 500 1971 1750 2500 9932 9932 StKJ 5110 7953 6718 B R•8lrl¢tsd Fundo Lilelime Tralnho Streelgatne5 G¢8n15 Fls• Norfh E85t Mmkfish Prcrt1ucUons UnfddirvJ Theatre Ntsrthuma P1¥ Crima Comm&slcfi8r £[st Cwk TNSI Key Fur**Chawe Maker5 Vo198 Acuon for Chlldfen 1971 1750 10rx) 5110 6953 6718 N8Ka61 cty Cwncll£hwp Vc4unieers New Wthikng North Ea61 LGA Found•lon ITo8$U• Cl) LGA FoiJnd¥bon112 Days olChrfslm8sI Ccfflmunty FoundalM)n & Wearand NUMbed@1." 6070 41XIO 30 30 1500 W218 9218 LGA Foundaik)n Ywlh Irwe&lm8nl Fund IPL9rwthg Grnntl 2000 2000 16740 16740 Total 14680 6S782 882H 14218 Unr•8trl¢t•d Fund 46347 47738 417SS Tot•1 Fun 81027 113520 11S999 58548
INDEPENDEKf EXAMINER'S REPORT Report to the trustees of Projects 4 Change On accounts for the yoar ènded 31 March 2023 Charlty no 1181162 R•spo¢tlve responsibilities of trnstees and examiner The trustees of the organis8tion are responsible for the preparation of accounts.. they consider that an audil is not required for this year under se¢lton 144121 of the Charft48s Act 20118nd that an Independènt Examination is ded. 11 is my responsibility to examine the accounts {under sgclion 145 of the 2011 Acll, • follow the procèdures laid down in the General Direth'ons given by the Charity Commission {Ur¥r section 14515llbl of the Acl}. and • state wh8lher particular matters have com& lo my attention. 8asSs of My gxamln811on was Carrled out In accordance vhlh General Dlreclh)ns Ind•p8nd•nt given by tho Charlty Commlssloners. An ex&minBtion indudes O of gxamlner'8 Ihe 8ccountin9 records kepl by the charity and a comparsson of the 8tat•m8nt accounts presented wlh those rerds. 11 also includes considerdtion of any unusual items or disclosures in the accounts. and seekSng explanations from the trusloes wncerning any such matter8. The procedures undertaken do not provide all Ihe 8vSdence that would be required in an audiL and con89quenlly I do not oxpre88 an 8udit opinion on tho accounts. Indopondent In ihe course of my examin8lion. no matter has come lo my attent)n- oxamlnerfs statemont which gives me reasonablg Cause lo believe that in. any material respect, the Iruslees have not met Ihe requir8menls lo ensure Ihal.. ' prop¢r accountlng records ara kept {in a¢cordance with seotlon 130 of th8 Acll., and . accounts are prepared which agree with the accounting records and comply wlh the accounling requirements of the AGI.. or 2. to which, in my opinion, aitenlion should be drawn in order lo 8n8bla a propor understsndinq ol the aceounls io be reached. Slgnod: Dat•: 10 Nov8mb•r 2023 Name.. dress: Mark Thompson MAAT 42 Lesbury Road Ne¥%rastle NE6 5LB