2025-03-31-accounts

Projects 4 Change Registered Charity No. 1181162 Financial Ststements for the period ended 31 March 2025

Name: Charlty N￿)ber. 1181162 Registered Charity Linda Hobs Tahir RashKI Amy Coates Shannon D8vin8 Helen Hall JennIf￿ Bern￿1 Chair Prcygcts 4 Change Houghton Avenue NE5 31Jr Examlner. 42 Lestwry Road Nthvcastle up￿ T)I NE6 5LB

Report of Trustees forth• Perfod Ended March 2025 Achievgnwnts 2024.25 VA b8 rememtered 85ts Th8 dwite marry 0th8r akn ￿Ing ofgreat vaue, from Sailir¥J wrth The PAue ￿'rit 8ursary FuThJ aThJ CirJ. Tha TlrJwte lightir¥J and walws. ifflpro￿g ￿LeS&bl￿fOr ever)￿￿. Prciects4Ch8nge recc¥Jnkses that exw1er￿e the %wld drffwenfy arnl that Iheir rwjs are not akvay5 tsken into {￿sKI8[a)0n. Vthith 15 why hard to &sten arwj tske al￿￿￿. The cu￿ed'S destgn. look and f881 are infclrned by Y￿Trg people. Proiects4CharpJe eThJaged ￿r￿j people in vark)us ways, Indu￿￿g 8'r￿n￿l￿re and enabSng them to m88t the architects lo tx)th understand the pL4nning pr￿e$S IrN¢￿ed in the dasign d￿rth"on wilh Bemard Int8rKx3. Young Feoplt Sa￿ they waftt￿ a safe sp￿, a skylight to k)k at thè stW5 an opwjrttmrty lo ty n*AT Ihings and attend ftkye often. The Cowshed was o)mpletwJ in Dwnber 20241

Proigcts of merll The Cowsh8d: caprta VIFknJed Yrth Spa￿. nsellng in N8turfrC￿nSelllThJ in a na￿ra1 8rNYmmgnL Th• Extra IAi18 Proje& Miliorts Funded propcL P8fk life. Loc£1 Cc¥nmunty Parinershipfvndad y)utr Rlsk IAanaggment The exe￿tiVe members have assessed the map)r risks b %thich the chty i8 exFosed. and are satisfied that systems a￿ ￿ pl￿ to mÉbg to mw risks. T￿￿tee8. responsibilltles In relatlon trj the financial stslements Chan'ty Law requires the Twstees to prepare finan(ial slatements for finaThial year which comply with the reguEatk)ns set out in CharTties Act 1993. The Trustees have elecbj to 12ke advantage of the provisi￿S that apply to small char[tI￿ armj have pFep8r&J a Re￿ipts and Payments Account and S eJnent of Assets and Liabi&ties. , on behdf of the Trustoes, date: .GL 1.0 I 12026

Report to the Projects 4 Change tha yoar end8d 31 IAarch 2025 Chlty no 1181162 Respecfjve Tr trustees ofthe ¢ygat￿1k￿ are responsiue for the Feparallon of sponslbllltles of ac£(yJnts.' they cO￿lder that an S￿11 is nc wuired for this Jear under trust¢os and 144(2) ofthe Charibes Act 2011 •¥J that an lThjep￿dent oxamlner Exaninabon is needgj. It Is my rg¥ongbltyto • examine the (￿jer section 145 ofthe 2011 AÉ). • fi>1￿ ts proc&thbres tahj down In the General Directions by the Charity ComMissh￿ lurxler se(aion 145(SXb) of the Act), and asls ol ktyexamhth was out in a(Xud8￿ wlth General Dk￿lionS Inthpendent &¥ven tythe Charity comrniss1c)e￿. kn examination I￿a￿deS a wew of examlnerfs thg ￿x￿nb.ry reLtffd5 kepi by the chty ar￿ 8 c¥ynparis(￿ of the ry Unusu￿ 5tem$ or dBc4wres in the acC￿nts. and seeking edures U￿lertaken do Th)t KovKle all the eviden￿ Ihat Iwukl be roqu1￿1 aud￿ and (xThw0nty I do Tr)t exF￿ an au( opinM)n Independwrt In th8 wiTre of my examlna1kn, Th) matter has come to my attention: examlnerfs 1. g¥es me r8asL￿ab￿ Luse to believe that in, any material statemert resFert the trustees have not met lh8 requirements lo ensure that.. • woper accO￿￿ng recths are kept {in ae¢c￿anCe Y￿th section 130 rA Act): • accounts are aJrg9 7hith the a￿0untirVj r￿rdS aThJ COMI￿Y wth the aowntir4J requirements of the A(. or 2. to vthiLb, in my orAriTh. atlention SIw￿￿j be dran In to enablB a Swned: D*: 8th Octobgr 2025 42 Ro￿1 NE6 5LB

Projects 4 Change Recelpts & Payments Account 1 Aprll 2024 to 31 March 2025 202445 202M4 Recelpts Grants & Donatlork Intrerest Received 917648 977936 1207 240739 1207 Total Recolpts 61495 917648 979143 240739 Payments Salary Costs CapÈtal Proj8Ct Youth Training Activities, Materials 8r¥J Res￿r¢eS Sweatshirts Subsistsnce and Refreshments Betys Hut OperatirMJ Expenses Motor arKI Travelllng Exp￿ Media Expgnses Insurances Legal Fees expens6s. Postsge arKI stati￿ery Accouniancy Unfokling Theatre Subscripth)ns Sundries 152524 637054 161011 637054 86829 74478 2387 12046 673 8109 2772 2932 93 460 3240 555 300 3227 28148 31375 3192 4717 663 657 9413 1474 3921 741 12605 6191 1398 952 2876 1410 4286 350 11758 11758 764 652 264 Total Payments 2T102 850343 878045 196290 SurplUslDef￿lt fcr the perK 33793 67305 101098 Transfer Between Funds Funds at 1 April 2024 54913 102997 Total Funds at 31 March 2025 88706 115389 204095 102997

Projects 4 Change Balanu Sh••t as at as at 31 March 2025 2025 2024 Cash at bank a￿1 kn harKI 183015 102997 207110 Cwr•nl Ltabilli 4015 11r2997 204095 102997 Funds 115389 54913 Total FuThls at 31 March 2025 102997 The flnandal stalements were woved by the folbhiThJ memb&3 of the Manawent Committee:

ProJ#ts 4CIww• ith the R8FLY￿ Stsndard UK R•￿￿01 (FRS 1021 leftth l Jariuary 2015)- ClrlU&s SORP (FRS 1021. ts Flron(xo1 Rewb"ThJ Sl)d8nl tpr rrf) 1181162 Baw Tn UK Ycojth {Cost￿LIS￿4 Fwxl) &r JMslQxbltTnl Hwru FuTrJ L&4 F(x1rJa￿ (Toathg Clubl 145591 X &te Fees 2670 &37W 637C04 145591 145S91 $￿T0 VAT R8(w￿ b) b8 rAhJ. l$114iBrlkn dt PAYE & NIC dLn ) *J15

15￿ 13¥4) 1280 12m 4144 79x1 9913 7YXI The Badw Fourth 31W 121 HcoJTr FuTrJ Ftyjrth T¢tsl 13M03 67W 11S30• Youth kn¥8Stm*itFwxl IRthW￿l 14S591 145591 Totsl Totsl Fth