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 Cir<len Tnjst ￿ an *female fvfrday voyage in Juty
2024 to la￿chIng our T￿le Makers session The Unfoklmg Tlwtre in March 2025.
This was abo￿ the Co¥b£hed pr(4￿l uThJoubte(ty the nv)st sgnfrant LThlertaknng in Proiects4Change'$
history. We realised wr drpam olcTratiThJ a space tmihin Bety8 Hut and Garden 7Mth extra ￿pacity to meet
more foi local people now armj in the futLm.
We strengthened our paitwshps Ihis (x)n￿*￿ating years ofgxmj and (*Jt(y)m8s tyiilh ibe
Thi5 induded fu[1h￿ CX￿￿b0rat￿$. such as ChAdren. vknKh commissK)ns ￿r
Youth at Kenton prc¥ecL 0$ as other woia¢ts l&ke the Kenton GI￿ gw aTrJ the Prisrn NE grcwjp for Tr8n$
arxl ￿)r￿BMaryyjUTrg FWF4e.
dallv8r8d Ihe NCS Tarwed programme trj 1￿17-year￿dS. We are *￿ inv(4v&J in the Hdday Action Fur￿.
8Mching Duroff•r during Spring, SunNner. and Winter aThJ tlefvèrirvj C￿MMUnty.
Anolhgr woiect I W￿ld lÈke to rrpntion is yjcc4S￿ C(yJnseli¢wJ in Naiure programm8, wtiith
offers week￿d a￿1 evening Ferso1K￿ counseliTrJ in a naknral environm8nL In 2024, we launched The
Extra Mile iYoJe¢t. vthith saw the te8m re￿kn ¢yJi to ￿￿ng r* through deta*)ed ywth work. supporbng
those (*Jnl attend wxrth wps in regaining a sew dagency. One final w48Ctofnote vras The Parf(
Life prcie¢t. whth Ya5 built Éwi ¢)urJwThJ Fecf4e's knve of Kenton Pa*. We TrAabcffat￿
NoTlhurnb8rland Wihjrfo TTust 8nd arbst Jc6ie to r￿sID￿t GIFS. aThJ vKI￿S, as as bird
Finally. can we lalk 8lM)trt The Ccthshed. I hear say.1 We t*gan wile constru¢tKYb of a new youth hub in
te Spring 2024 and ¢￿ipleted in lat8 Decemter 20241 Qkjring yw wè were awarded grants of £782.645
from th9 Youlh knvestment FurKI. £637,054 Edated to tr* capitsl eypeTrJibJg on the Cowshed Buikling
larchileclure firni Xslte buthjers knn Waker).The Y(NJth Investr￿nt Fund 5UW)orted Ihe buikl. which is
UK gcryornment inibabve delwere¢J by Ihe Socaal knvestrwt Busws in pgrtwsh¥Tr7fflth the Naliona Youth
Agency. Resorwice. and Key Fund.
The CowsF*d is 8 great examF4e of ¢Wr￿l￿on. Its st￿. I￿k and feel rèflect yourKJ p￿pIe have totd
us. El is a t4ace thèy G9n their own. Vtsly. the generou5 fvnding this y8ar enabled us to LN￿k1 and upsk4ll
OUrv￿rkfthr0. providir4J yourwJ p8(yle op￿￿￿beS to grw. tYeveh)p and have fun. As of the
young peopk said, Th& Cowshgj i% a skfvJht lo Ihe stsys. The buihJiThJ indudes a w FtK)f. effjcaent
insulalion. 5(4ar panets, and a heat pump. The Spa￿ features a kitchen. aoxssible and an
amF4e ctrGular area with skfvjhts and cir0* sgatir@. Two smalw spaces att used for on8-￿-¢￿e rneetings
and rdaxation. The main spa￿ i5 nwJliH¥s8, pro￿dIng 1¥y)r￿n[w ￿ dfam8. 8rL InfOrn￿l edueatK)n,
enwronmental edu¢￿tiOn, and bagc skdls devdopmènL This in(h)or w workspace catÈr5 for wup
sessicfis. hO￿aY pr(*Jrammes. and ￿kInteerIa[vent￿e traNiw>J. Tha T*lrJwte
lightir¥J and walws. ifflpro￿g ￿LeS&bl￿fOr ever)￿￿.
Prciects4Ch8nge recc¥Jnkses that exw1er￿e the %w*ld 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
Ch*lty no 1181162
Respecfjve Tr trustees ofthe ¢ygat￿1k￿ are responsiue for the F*eparallon 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 K*ovKle 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￿ L*use 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 vthiL*b, in my orAriTh. atlention SIw￿￿j be dra*n 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)- Cl*rlU&s SORP (FRS 1021. ts Flron(xo1 Rewb"ThJ Sl*)d8nl tpr*
rrf) 1181162
Baw Tn
UK Ycojth {Cost￿LIS*￿4 Fwxl)
&r J*MslQxbltTn*l
Hwru FuTrJ
L&4 F(x1r*Ja￿ (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