2024-06-11-accounts - Project Indi

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PROJECI INDI Trustees Report June 2023-June 2024

Executve Summary	3
Introducton and Associaton Details	4
Community Profle	5
Our Mission, Aims and Values	6
Timeline	7
Our Services	8
Our Members	15

Projectindi.org.uk | Charity

Executive Summary

Project Indi (Previously known as Helping Angels Charitable Association) was formed in 2019 to support adults and children with disabilities, to lead independent and fulfilling lives. The organisation began as a small community group in 2018. As a community group we worked closely with the local community and saw firsthand the deprivation and complex needs of the families that we were working with. We saw that often the most vulnerable did not have the opportunity to have a voice. We decided to form the Charitable Association to enable our members to have a vote and a say in how our services are shaped to serve them.

Our charity has experienced significant growth over the last four years, transitioning from zero income to an annual income exceeding £315,000 in accounting year 22-23. We have progressed from hiring community venues to owning our own space. Presently, Project Indi supports 280 adults across 5 sessions a week and provided 853 spaces for youth activities across 65 sessions per year.

Despite these achievements, the Board acknowledges the challenging financial landscape, particularly with our local council facing a significant budget deficit. We have actively participated in discussions with the council regarding the needs of the voluntary sector. We recognise that as well as supporting our local community and offering services at an affordable cost, we also need to move towards self-sustainability by generating income from services and reducing our reliance on grant funding. In the accounts of 2023-2024 this shift in focus is clear.

Due to our local current economic challenges and the effect of the cost-of-living crisis, we expect to see a huge demand for voluntary sector services in Stoke-on-Trent. We need to minimise the risk of our organisation becoming oversubscribed and strategically look at the number of people we can support and the services we can offer with our available resources, while ensuring the well-being of our staff and existing members. Our focus is to maximise our impact and enhance our services to continue providing quality support to those in need.

The Trustees have looked at how and where the Association has come from, and more importantly, how it is planning to become more sustainable and viable in the future.

Over the next three years we plan to focus on:

We’re Inclusion Champions Create a purpose built inclusive and accessible building at the heart of our community.
We’re Extending Our Reach

To improve the quality of life for disabled and vulnerable members of our community and to grow these services throughout Staffordshire.

We’re Inspiring Future Careers Continue to train the professionals of tomorrow by delivering in house and quality education placements.
We’re Supporting Young People To Thrive

To grow and develop our Kindi project to support young people to grow, thrive and connect.

We’re Planning For The Future

To develop a sustainability and trading income plan to support the growth of our services.

Introduction and Association Details

This is a three-year rolling Business Plan developed by Project Indi which illustrates how we will achieve our strategic objectives during the period 2024-2027.

Association Details

Project Indi

Charity Number: 1183838 Address : The Indi Club, Ralph Drive, Sneyd Green, ST1 6HZ Telephone : 01782 212 000 Email : info@projectindi.org.uk Web Site: www.projectndi.org.uk/ Accountants: Fortune Hart, Sugnall Business Centre, Stafford ST21 6NF

Board of Trustees

Alice Cosgrove John Gleave Dale Nixon Sarah Hall Samantha Litherland

Community Profile

Stoke-on-Trent is a city and unitary authority area in Staffordshire, England, with an area of 36 square miles (93 km[2] ). It is the largest settlement in Staffordshire.

Stoke is polycentric, having been formed by the federation of six towns in 1910. Hanley is the primary commercial centre. The other four towns are Burslem, Tunstall, Longton , and Fenton . Stoke-on-Trent is the home of the pottery industry and is commonly known as the Potteries.

What we know about Stoke-on-Trent

About Us

Project Indi is a registered Charitable Incorporated Organisation (Registered Charity No: 1183838) based in Stoke-on-Trent, Staffordshire.

Project Indi (Previously known as Helping Angels Charitable Association) was formed in 2019 to support adults and children with disabilities, to lead independent and fulfilling lives. The organisation began as a small community group in 2018. As a community group we worked closely with the local community and saw firsthand the deprivation and complex needs of the families that we were working with. We saw that often the most vulnerable did not have opportunity to have a voice. We decided to form the Charitable Association to enable our members to have a vote and a say in how our services are shaped to serve them.

Our Mission

Our mission is to build inclusive communities where everyone has a sense of belonging and a place in society. Our focus is to provide people-led safe places and spaces in Staffordshire, where vulnerable adults and children can connect, inspire, and thrive.

Our Aims

To ensure all disabled and vulnerable people feel respected, valued and safe.
To empower people to optimise their own health and wellbeing.
To create an inclusive space where people can feel a sense of community and belonging.
To break down barriers and provide opportunities for people to achieve the life they choose.
To provide early intervention to prevent crisis and tackle inequalities.

Our Values

Inclusion
Diversity
Equality
Creativity
Inspire
Ambition
Togetherness
Enlightenment

Timeline

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Day Opportunities and Community Social Groups

We support disabled and vulnerable adults of all ages, to regularly access a range of diverse activities and workshops at our inclusive hub, The Indi Club. We are partnered and work with a range of local businesses, activity providers and workshop leaders to deliver specialised activity programmes that aim to:

Independence for a person with a disability is a foundation for living as a full member of society, this includes having the freedom to work in a career of their choice, to live in an accessible environment, to access public transport, to visit public places, to form friendships and relationships, and to access recreational activities. Most of our members with disabilities have the capacity to learn and implement new skills that give them a pathway to a more independent life. Personal independence is a key factor when it comes to employment for people with disabilities.

Our sessions help to create a supportive environment where people can thrive. Within our Independence projects we deliver everyday activities such as food hygiene and cooking, allotment and gardening work, money management and budgeting, shopping and travel training. As an organisation, we pride ourselves on our services that strive to enhance the life skills of our members.

Our independence project aims to:

Create a sense of achievement and self sufficiency
Improve physical and mental health
Learn and develop new life skills
Provide a pathway to employment
Help people to form stronger relationships and support networks
Improve community integration
Support people to know when and how to ask for help

We provide sessions as part of our Healthy Living Project programme; including inclusive sports and exercise sessions, our weekly walk & talk group, visits from health professionals and therapeutic arts and crafts. Physical activity plays a pivotal role in contributing towards a positive mind frame and maintaining one’s mental health.

Research by NHS Learning Disability Mortality Review (LeDeR) Programme shows that:

The median age of death for people with a learning disability in 2021 was 61. The median age for the general population was 82.7.
49% of deaths were rated as "avoidable" for people with learning disabilities.
6 out of 10 people with a learning disability died before they were 65.
37.5% of people with a learning disability are classed as obese.
People with a learning disability are at nearly double the risk of developing diabetes as the general adult population.

We aim to empower, educate, and support people with disabilities to optimise their own health and wellbeing. We aim to make positive and empowering changes to lives through community interaction, activities, and education.

Our healthy living project aims to:

Reduce health inequalities for people with disabilities
Empower people to optimise their own health and wellbeing
Prevent people with disabilities from early and avoidable deaths
Provide support to understand how and where to get health care help
Promote healthy eating and living
Improve physical and emotional wellbeing
Reduce isolation and promote social inclusion
Promote togetherness through group activities

We deliver a weekly lunch club and social night, aiming to reduce isolation, and provide opportunities to socialise and meet new people. In addition to this, we offer day trips and short UK breaks with accessible and adapted transport. Social inclusion means that all people have the best opportunities to enjoy life and do well in society and making sure no one is left out or excluded . This is not just an ideal – the ability to participate in society, and to be free from discrimination and disadvantage is a basic human right.

There is extensive evidence that people with disabilities face widespread stigma, discrimination, and social exclusion. Social inclusion for people with disabilities is important. It promotes access to support networks, builds friendships, and allows participation in meaningful activities, which can help improve mental and physical wellbeing. Promoting and enabling social inclusion, is one of the core tenets and founding principles of our charity. We believe that everyone has the right to feel a sense of community and belonging.

Research shows that:

In a survey by Sense, over half of disabled people reported feeling lonely, rising to over three quarters (77%) for those aged 18-34 (Sense, 2020). Loneliness is associated with physical and mental health problems and poorer quality of life.
People with profound and multiple learning disabilities have smaller social networks, which consist mainly of family members (Mencap, 2019).
The proportion of disabled people (13.3%) who report feeling lonely “often or always” is almost four times that of non-disabled people (3.4%). (Ons, 2019).
Average anxiety ratings are higher for disabled people at 4.27 out of 10, compared with 2.66 out of 10 for non-disabled people. (Ons, 2021).
Research suggests that 1 in 3 young people with a learning disability spend less than 1 hour outside their home on a typical Saturday (Mencap, 2019).

The Inclusion Project aims to:

Increase happiness: Having an active social life can help people with a disability to feel happier, included and valued.
Reduce loneliness: Friendships also help to reduce loneliness. Loneliness is linked to a number of health risks, such as depression, high blood pressure and higher mortality risk.
Improve physical health: Evidence suggests that having more and better-quality friendships is associated with better physical health and lower risk of early mortality.
Reduce stress and anxiety levels: Having friendships boosts mood and can improve mental health during adulthood.
Increase confidence: Having an active social life can increase positive self-perceptions and acceptance.
A sense of belonging: We promote togetherness through group activities and aim to create a space where everyone feels respected, valued, and integrated into the community.

We deliver regular drama workshops, singing lessons, dance sessions and art therapy workshops. These activities aim to get participants moving, build their confidence and allow them to express themselves in their own way. We regularly host sessions led by local creatives, that promote group participation.

We offer opportunities to explore creativity and performance in a safe, friendly and accessible environment. We produce an annual pantomime, which allows our members to learn new skills in theatre, dance, and music, and provides the opportunity to perform on stage. Research by the British Council shows that, disability arts can help counteract misunderstandings, misconceptions, stereotypes, and negative narratives surrounding the lives of disabled people.

Our creative art projects aim to:

Encourage social interaction and reduce loneliness
Promote self-esteem and increase confidence
Provide a safe space for people to express themselves and explore their creativity
Develop communication skills
Improve mental and physical health
Increase happiness and reduce anxiety

Our Kindi Project supports disabled and vulnerable young people aged 4 – 25, to access a range of diverse activities, events and day trips. We are partnered with The Hubb Foundation and Action For Children and work with a range of providers to deliver specialised activity programmes for children.

Free School Holiday Activities for Families

We deliver school holiday activities for families as part of the Holiday Activities and Food programme (HAF). School holidays can be particularly difficult for some families because of increased costs, such as food, especially now, when costs of living are so high, and rising. Our sessions are completely free to attend and include a healthy and delicious meal. We offer a wide range of activities to choose from, such as cooking, crafts, sports, dance, animal workshops, and more. In addition to this we also offer seasonal free or affordable family focused community events. We currently deliver 2 sessions a week during school holidays that have a duration of 2 weeks or longer.

SEND Sessions for Children and Young People

We deliver regular activities for young people with special education needs or disabilities (SEND) in Staffordshire. This includes school holiday activities, after school clubs, seasonal events, and day trips. Our sessions offer young people a safe and welcoming environment, allowing them to connect

with other young people, build confidence and develop life skills. These sessions can be attended independently, providing respite for parents and carers. We currently deliver 2 after school sessions a month and 2 sessions per week during school holidays.

We offer inclusive work placements and volunteering opportunities to adults and young people; allowing them to gain confidence and experience, enhance their life skills, to help them transition into paid employment and give back to the community.

We provide a friendly, safe, and welcoming environment and encourage learners to be full and active members of our team. We offer a range of opportunities across our two sites: The Indi Club and Café Indi at The Pavilion. Our volunteer programme embraces diversity and inclusion and ensures equality of opportunity for all people to volunteer in ways that are right for them.

Education

We offer placements to students from Keele University, Staffordshire University, Stoke on Trent college and Stoke sixth form college. We currently accept students from health and social care, digital marketing, medics, paramedics, psychology, and social work students.

We offer work placements to students from local colleges and universities who are working towards obtaining a degree or qualification. These placements can be requested directly from the student or from our education partners. The length of the placements will be determined by the requirements of the course being completed. We also offer block group placements; this is arranged via the lecturer for a specific course. Offering work placements offers an income stream for the charity, as universities will often pay a fee for each placement. We currently have a waiting list of students and placements, so we do not feel recruitment is an issue at this present time. We are a key training provision in the city.

We aim to educate students on the importance of inclusion and diversity, and we hope the students will continue to promote this within their chosen careers. Their progress and feedback is closely monitored and recorded, the methods vary from each learning establishment and are agreed prior to placement alongside any learning objectives they may have.

We have been working closely with Keele University and were one of the first placements to pilot the non-medical paramedic placements. This has been successful and is now being rolled out. We are currently working alongside Keele University to become a non-medical training centre for student medics, paramedics and learning disability nurses.

Supported Internships

We offer supported internships to students with special education needs or disabilities via our education partners. Supported internships provide an opportunity to improve the life chances of

young people with SEND by supporting them into sustained, paid employment. Achieving paid employment not only brings young people financial independence, but it can be key to build confidence and self-esteem, increasing health and well-being, gaining friendships and a social life. There are also benefits for the economy, employers, families, the local community, and wider society.

The student is supported by a qualified job coach whilst on placement and has a bespoke learning plan in place. The job coach will also support with the practicalities of employment such as commuting. We currently work in partnership with Newfriars College to provide weekly placements for their students. This includes:

Indi Bakes Life Changing Cakes. The team of students bake a range of cakes and bakery items which are then sold at Café Indi at The Pavilion. This project supports students to gain confidence in the hospitality industry by starting with simple bakes and moving on to more difficult recipes The work placement is designed to develop the student’s life skills in a practical environment. This includes cooking skills, weighing and measuring, reading and following recipes, and communication and teamwork skills.
eBay retail skills. The students manage our online eBay charity shop. This includes sorting donated items, photography, creating listings, processing orders, and arranging to despatch the orders at the local post office. The work placement is designed to develop the student’s creative and retail skills in a business environment. All proceeds are donated to our charity.
Indi food to improve your mood A team of students prepare meals that are then served to our members during our social group’s sessions. The placement promotes life skills and wellbeing in a practical environment. Cooking promotes creativity, can significantly boost your mood and is clinically proven to support our mental health.

Skills for Life Programme

Our Skills For Life Programme is open to our members who attend our day opportunities and community social groups. The programme aims to create a sense of achievement and provide an opportunity to learn and develop new skills. Members are allocated roles and responsibilities to assist our team with the daily running of our services. Trainees are provided with a badge and a full job description and are supported by our Member Engagement and Support Coordinator while carrying out their duties. The roles include:

Building Attendant
Car Park Attendant
Receptionist
Bingo Caller
Stationary Monitor
Kitchen Assistant
Entertainment Assistant
Stock Control Assistant

Our Members - Demographics

Project Indi currently has 280 active members. This data was obtained from 238 members over 16 years old, that access our service at least once a week.

Member Feedback

This feedback was obtained from active adult members who regularly attend our day opportunites and Community Social Groups. The data was obtained using annoymous surveys in July 2023.

Free school holiday sessions – Demographics & Feedback

This data was obtained from 200 children who attended our free school holiday activities between July and December 2023.

This feedback was obtained from 18 families who attended a Summer day trip delivered by Project

Indi. The data was obtained using annoymous surveys

fortunehart

24 Brookside Business Park Stone Staffordshire ST15 0RZ

01785 859434 fortunehart.co.uk

Project Indi The Indi Club Ralph Drive Sneyd Green Stoke on Trent ST1 6HZ

4[th] April 2025

Dear Dale and Sarah

PROJECT INDI

Financial Statements to 30 June 2024

I have enclosed Full Unaudited Accounts for you to electronically sign on the Approval Statement and the Balance Sheet to confirm agreement with the figures.

Once signed, they can be submitted to the Charities Commission along with your annual return.

The independent examiners report is included within the accounts attached.

Corporation Tax

We have been advised that there has been no request from HMRC to file a CT600.

Representation

You have acknowledged, as a Trustee, your responsibility for making accurate representations to Fortune Hart Limited for the financial statements that we have prepared for the charity on your behalf.

You confirmed that all accounting records had been made available to us for the purpose of preparing the accounts and that all the transactions undertaken by the company have been properly reflected and recorded in the accounting records. All other records and related information, including minutes of all management and shareholders' meetings, have been made available to us.
You confirmed the charity had no liabilities or contingent liabilities other than those disclosed in the financial statements.
You confirmed that all information supplied to us is accurate.
You acknowledged that we have not performed an audit of your business and as such the financial statements have been prepared based on the information supplied to us. You also acknowledged that all Trustees of the business are responsible for keeping accurate accounting records and that we can rely on the accuracy of the information supplied to us.

Fortune Hart Limited Registered in England & Wales 07614094 Registered office: 24 Brookside Business Park Stone Staffordshire ST15 0RZ

fortunehart

You confirmed that there have been no events since the balance sheet date that required disclosure or would materially affect the amounts in the financial statements, other than those already disclosed or included in the financial statements.
You confirmed that the charity has, at no time during the year, had any arrangement, transaction, or agreement to provide credit facilities (including loans, quasi-loans or credit transactions) for Directors, nor to guarantee or provide security for such matters, except as disclosed in the financial statements.
You confirmed that you have disclosed to us all related party transactions relevant to the charity and that you are not aware of any further related party matters that require disclosure.
You confirmed that the charity has not contracted for any capital expenditure other than that already disclosed in the financial statements.
You confirmed that you have reviewed the final financial statements and consider all balances showing to be a true and fair reflection of the business as at the year-end date.
You confirmed that there are no laws or regulations that are central to the charity’s ability to conduct its business.

If you have any questions, please do not hesitate to contact me.

Your sincerely,

Lisa Fortune

Fortune Hart Limited, Chartered Accountants

Encl.

Unaudited Accounts

Fortune Hart Limited Registered in England & Wales 07614094 Registered office: 24 Brookside Business Park Stone Staffordshire ST15 0RZ

REF. NUMBER DOCUMENT COMPLETED BY ALL PARTIES ON U597Z-VMNYY-RI8DX-MDAUI 04 APR 2025 12:30:35 UTC SIGNER TIMESTAMP SIGNATURE LISA FORTUNE (APPROVALS) SENT 04 APR 2025 12:28:53 UTC EMAIL VIEWED LISA@FORTUNEHART.ONMICROSOFT.COM 04 APR 2025 12:30:11 UTC SIGNED IP ADDRESS 04 APR 2025 12:30:35 UTC 90.199.129.61 LOCATION STOKE-ON-TRENT, UNITED KINGDOM RECIPIENT VERIFICATION EMAIL VERIFIED 04 APR 2025 12:30:11 UTC

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PAGE 1 OF 1

Registered number 1183838

Project Indi

Report and Unaudited Accounts

30 June 2024

Project Indi Report and accounts Contents

	Page
Approval statement	1
Independent examiners report	2
Income and expenditure account	3
Balance sheet	4
Notes to the accounts	5
Detailed income and expenditure account	10

Project Indi 1183838

Approval statement

I approve the accounts which comprise of the Income & Expenditure and Balance Sheet. I acknowledge my responsibility for the accounts, including the appropriateness of the applicable financial reporting framework as set out in note 1, and for providing Fortune Hart Limited with all the information and explanations necessary for their compiliation.

Dale Nixon Sarah Hall Chair of Trustees Trustee 4 April 2025 4 April 2025

Project Indi 1183838

Independent Examiner's Report on the accounts

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30/06/2024.

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

· accounting records were not kept in accordance with section 130 of the Act or

the accounts do not accord with the accounting records

· the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

This was approved on 7th March 2025

Lisa Fortune signed on behalf of Fortune Hart Ltd 24 Brookside Business Park Ltd Stone Staffordshire ST15 0RZ

Project Indi Income and expenditure for the year ended 30 June 2024

Income and endowments Charitable activities Gross income Administrative expenses Net income Loss on the disposal of tangible fixed assets Interest payable Net movement in funds Total funds carried forward	2024 £ 308,853 (69,245) 239,608 (281,338) (41,730) (1,979) (104) (43,813) (43,813)	2023 £ 340,252 (42,986) 297,266 (234,863) 62,403 (7,446) (65) 54,892 54,892

Project Indi Registered number: 1183838 Balance Sheet as at 30 June 2024

Notes Fixed assets Tangible assets 4 Current assets Debtors 5 Cash at bank and in hand Creditors: amounts falling due within one year 6 Net current assets Net assets Funds of the charity Restricted funds 9 Unrestricted funds Total funds Dale Nixon Chair of Trustees Approved by the board on 4 April 2025	2024 2023 £ £ 67,235 24,345 67,235 24,345 2,501 3,649 78,278 164,507 80,779 168,156 (5,051) (5,725) 75,728 162,431 142,963 186,776 63,876 88,871 79,087 97,905 142,963 186,776 Sarah Hall Trustee Approved by the board on 4 April 2025

Project Indi Notes to the Accounts for the year ended 30 June 2024

1 Accounting policies

Basis of preparation

The accounts have been prepared in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FR102) (Effective 1 January 2019) - (Charities SORP (FRS 102)), the financial reporting standard applicable in the UK and Republic of Ireland (FRS 102), the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008.

The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

Grants and donations

Income is recognised when the charity is legally entitled to it after performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount.

Legacies are recongnised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and the receipt is expected. If the amount is not know, the legacey is treated as a contingent asset.

Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used.

Intangible fixed assets

Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment l

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Freehold buildings	over 50 years
Leasehold improvements	over 5 years
Plant and machinery	over 5 years
Fixtures, fittings, tools and equipment	over 5 years
Computer equipment	over 3 years
Motor vehicles	25% reducing balance

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

Project Indi Notes to the Accounts for the year ended 30 June 2024

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Taxation

The charity is exempt from tax on its charitable status.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Leased assets

A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

Pensions

Contributions to defined contribution plans are expensed in the period to which they relate.

2 Employees Average number of persons employed by the company Employment costs	2024 2023 Number Number 8 8

There were no employees whose annual remuneration was more than £60,000.

Project Indi Notes to the Accounts for the year ended 30 June 2024

Remuneration of key management personnel The remuneration of key management personnel was as follows: Aggregate compensation	2024 2023 Number Number 109,910 82,417

3 Trustees

None of the trustees (or any persons connected with them) received any remuneration or expense payments during the current or previous year.

4 Tangible fixed assets

Cost At 1 July 2023 Additions Disposals At 30 June 2024 Depreciation At 1 July 2023 Charge for the year On disposals At 30 June 2024 Net book value At 30 June 2024 At 30 June 2023	Leasehold improvements Plant and machinery etc Motor vehicles Total £ £ £ £ - 44,069 - 44,069 45,898 7,294 13,999 67,191 - (3,194) - (3,194) 45,898 48,169 13,999 108,066 - 19,724 - 19,724 9,180 9,643 3,500 22,323 - (1,216) - (1,216) 9,180 28,151 3,500 40,831 36,718 20,018 10,499 67,235 - 24,345 - 24,345

5 Debtors Trade debtors Other debtors 6 Creditors: amounts falling due within one year Trade creditors Taxation and social security costs Other creditors	2024 2023 £ £ 237 2,617 2,264 1,032 2,501 3,649 2024 2023 £ £ 356 1,312 3,015 2,930 1,680 1,483 5,051 5,725

Project Indi Notes to the Accounts for the year ended 30 June 2024

7 Related party transactions

One of the key management peronnel also manages The Indi Project CIC which throughout the year has donated a total of £11,791 to contribute to wages (2023: £0)

There were no other related party transactions throughout the year.

8 Other information

Project Indi is an incorporated charitable organisation, incorporated in England. Its registered office is:

The Indi Club Ralph Drive Sneyd Green Stoke on Trent ST1 6HZ

Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they are to be used.

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Balance at Incoming Resources Balance at
01/07/2023 Sources Expended 30/06/2024
£ £ £ £
Stoke Council - Fixed Assets 50,000 - 10,000 40,000
Hedley foundation 600 - 600 -
Awards for all 4,116 - 4,116 -
The Hubb Foundation Accounts 6,000 - 6,000 -
Edward Cadbury Grant 3,000 - 3,000 -
Main Grants - Reaching communities 12,348 - 12,348 -
Skipton 1,800 - 1,800 -
Barchester 500 - 500 -
Barclays Football grant 500 - 500 -
Baron Davenport 600 - 600 -
The Sir John Middlemore Trust 2,000 - 203 1,797
Other Grants - Fixed Assets 7,407 - 3,703 3,704
Coalfields Grant - 5,000 5,000 -
Main Grants - Million hour fund - 8,950 8,360 590
The Rank foundation - Fixed Assets - 2,000 400 1,600
Bishop Stamer - Fixed Assets - 6,333 1,266 5,067
National Lottery - Fixed Assets - 8,000 2,000 6,000
Peter Harris Foundation - 3,000 1,290 1,710
National Grid - 3,800 2,892 908
The Bruce Wake Trust - 2,500 - 2,500
The Indi Project CIC - 11,791 11,791 -
Barkers Fencing - 1,156 1,156 -
Helping Angels Ltd - 2,917 2,917 -
88,871 55,447 80,442 63,876
----- End of picture text -----

In 2023 the money received from Stoke Council totalling £50,000 was used to improve the leasehold property and the depreciation in relation to this is being allocated against this as resources expended over a 5 year period.

In 2023 £2,000 was been received from The sir John Middlemore Trust to fund the purchase of a shed. This has been part spent with the remainder carried fowrard and used against charitable activies. The depreciation in relation to this is being allocated against this as resources expended.

£5,000 was received from Coalfields which was used towards wages.

£8,950 was received from Million Hour Fund which with £5,000 used towards wages and the remainder towards charitable activities.

£2,000 was received from The Rank Foundation and has been used to purchase fire doors whilst improving the leasehold property. The depreciation in relation to this is being allocated against this as resources expended.

£6,333 was received from Bishop Stamer and has been used towards the purchase of blinds and a projector.

£8,000 was received from The National Lottery towards a motor vehicle, and depreciation is being expended at 25% reducing balance.

£3,000 was received from The Peter Harris Foundation and has been used towards charitable activities.

£3,800 was received from National Grid and has been used towards charitable activities.

£2,500 was received from The Bruce Wake Trust to support sporting activites.

£11,791 was received from The Indi Project CIC to support wages through the year.

£1,156 was received from Barkers Fencing to support charitable activities.

£2,917 was received from Helping Angels Ltd to fund the rent for the sensory room. The client no longer occupies this property.

Project Indi Detailed income and expenditure for the year ended 30 June 2024

This schedule does not form part of the statutory accounts

Income and Endowments Grants and donations Other charitable income Direct expenditure Charitable activities Administrative expenses Employee costs: Wages and salaries Pensions Employer's NI Staff training and welfare Travel and subsistence Motor expenses Entertaining Premises costs: Rent Rates Light and heat Cleaning General administrative expenses: Telephone and internet Postage Stationery and printing Licences Subscriptions Bank charges Insurance Equipment expensed Software Repairs and maintenance Depreciation Interest payable Sundry expenses Legal and professional costs: Accountancy fees Consultancy fees Advertising and PR Other legal and professional Other operating income Loss on the disposal of tangible fixed assets Net surplus/deficit Reconcilation of funds Total funds brought forward Surplus/deficit in the period Total funds carried forward	2024 Unrestricted Fund £ 41,138 212,268	s 253,406 48,095 - 173,966 8,443 23,699 16,042 222,150 (18,818) 97,905 (18,818) 79,087	2024 Restricted Funds £ 55,447 -	55,447 21,150 38,255 2,917 17,520 600 59,292 (24,995) 88,871 (24,995) 63,876	2024 Total Funds £ 96,585 212,268 308,853 69,245 194,252 4,600 10,649 656 216 1,848 - 212,221 2,917 1,092 5,580 1,771 11,360 4,481 475 1,305 260 343 379 2,510 - 4,661 3,954 22,322 104 425 41,219 2,597 2,600 9,165 2,280 16,642 281,442 1,979 (43,813) 186,776 (43,813) 142,963	2023 Total Funds £ 241,766 98,486 340,252 42,986 173,167 4,760 8,869 156 393 - 445 187,790 8,833 - - 604 9,437 3,718 515 1,353 180 318 970 1,771 311 1,408 2,622 9,436 65 495 23,162 2,548 5,100 6,841 50 14,539 234,928 (7,446) 54,892 131,884 54,892 186,776
	48,095 155,997 4,600 10,649 656 216 1,848 - - 1,092 5,580 1,771 4,481 475 1,305 260 343 379 2,510 - 4,661 3,954 4,802 104 425 2,597 2,600 8,565 2,280 1,979		21,150 38,255 - - - - - - 2,917 - - -
			- - - - - - - - - - 17,520 - -
			- - 600 -
			-

REF. NUMBER `U597Z-VMNYY-RI8DX-MDAUI` DOCUMENT COMPLETED BY ALL PARTIES ON `10 APR 2025 08:56:12 UTC` SIGNER TIMESTAMP SIGNATURE

LISA FORTUNE (APPROVALS) EMAIL `LISA@FORTUNEHART.ONMICROSOFT.COM` SENT `04 APR 2025 12:28:53 UTC` VIEWED `04 APR 2025 12:30:11 UTC`
SIGNED `04 APR 2025 12:30:35 UTC` IP ADDRESS `90.199.129.61` LOCATION `STOKE-ON-TRENT, UNITED KINGDOM` RECIPIENT VERIFICATION EMAIL VERIFIED `04 APR 2025 12:30:11 UTC`

SARAH HALL EMAIL `SARAH.HALL@STOKE.GOV.UK` SENT `04 APR 2025 12:28:53 UTC` VIEWED `07 APR 2025 12:41:24 UTC`
SIGNED `07 APR 2025 13:42:52 UTC` IP ADDRESS `195.62.193.126` LOCATION `NEWCASTLE-UNDER-LYME, UNITED KINGDOM` RECIPIENT VERIFICATION EMAIL VERIFIED `07 APR 2025 12:41:24 UTC`

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REF. NUMBER DOCUMENT COMPLETED BY ALL PARTIES ON U597Z-VMNYY-RI8DX-MDAUI 10 APR 2025 08:56:12 UTC SIGNER TIMESTAMP SIGNATURE DALE NIXON SENT 04 APR 2025 12:28:53 UTC EMAIL VIEWED DALENIXON2000@GMAIL.COM 10 APR 2025 08:48:03 UTC SIGNED IP ADDRESS 10 APR 2025 08:56:12 UTC 90.212.171.55 LOCATION STOKE-ON-TRENT, UNITED KINGDOM RECIPIENT VERIFICATION

EMAIL VERIFIED 10 APR 2025 08:48:03 UTC

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fortunehart

24 Brookside Business Park Stone Staffordshire ST15 0RZ

01785 859434 fortunehart.co.uk

Project Indi The Indi Club Ralph Drive Sneyd Green Stoke on Trent ST1 6HZ

4[th] April 2025

Dear Dale and Sarah

PROJECT INDI

Financial Statements to 30 June 2024

I have enclosed Full Unaudited Accounts for you to electronically sign on the Approval Statement and the Balance Sheet to confirm agreement with the figures.

Once signed, they can be submitted to the Charities Commission along with your annual return.

The independent examiners report is included within the accounts attached.

Corporation Tax

We have been advised that there has been no request from HMRC to file a CT600.

Representation

You have acknowledged, as a Trustee, your responsibility for making accurate representations to Fortune Hart Limited for the financial statements that we have prepared for the charity on your behalf.

You confirmed that all accounting records had been made available to us for the purpose of preparing the accounts and that all the transactions undertaken by the company have been properly reflected and recorded in the accounting records. All other records and related information, including minutes of all management and shareholders' meetings, have been made available to us.
You confirmed the charity had no liabilities or contingent liabilities other than those disclosed in the financial statements.
You confirmed that all information supplied to us is accurate.
You acknowledged that we have not performed an audit of your business and as such the financial statements have been prepared based on the information supplied to us. You also acknowledged that all Trustees of the business are responsible for keeping accurate accounting records and that we can rely on the accuracy of the information supplied to us.

Fortune Hart Limited Registered in England & Wales 07614094 Registered office: 24 Brookside Business Park Stone Staffordshire ST15 0RZ

fortunehart

You confirmed that there have been no events since the balance sheet date that required disclosure or would materially affect the amounts in the financial statements, other than those already disclosed or included in the financial statements.
You confirmed that the charity has, at no time during the year, had any arrangement, transaction, or agreement to provide credit facilities (including loans, quasi-loans or credit transactions) for Directors, nor to guarantee or provide security for such matters, except as disclosed in the financial statements.
You confirmed that you have disclosed to us all related party transactions relevant to the charity and that you are not aware of any further related party matters that require disclosure.
You confirmed that the charity has not contracted for any capital expenditure other than that already disclosed in the financial statements.
You confirmed that you have reviewed the final financial statements and consider all balances showing to be a true and fair reflection of the business as at the year-end date.
You confirmed that there are no laws or regulations that are central to the charity’s ability to conduct its business.

If you have any questions, please do not hesitate to contact me.

Your sincerely,

Lisa Fortune

Fortune Hart Limited, Chartered Accountants

Encl.

Unaudited Accounts

Fortune Hart Limited Registered in England & Wales 07614094 Registered office: 24 Brookside Business Park Stone Staffordshire ST15 0RZ

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Registered number 1183838

Project Indi

Report and Unaudited Accounts

30 June 2024

Project Indi Report and accounts Contents

	Page
Approval statement	1
Independent examiners report	2
Income and expenditure account	3
Balance sheet	4
Notes to the accounts	5
Detailed income and expenditure account	10

Project Indi 1183838

Approval statement

Dale Nixon Sarah Hall Chair of Trustees Trustee 4 April 2025 4 April 2025

Project Indi 1183838

Independent Examiner's Report on the accounts

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30/06/2024.

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

Basis of independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

· accounting records were not kept in accordance with section 130 of the Act or

the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

This was approved on 7th March 2025

Lisa Fortune signed on behalf of Fortune Hart Ltd 24 Brookside Business Park Ltd Stone Staffordshire ST15 0RZ

Project Indi Income and expenditure for the year ended 30 June 2024

Income and endowments Charitable activities Gross income Administrative expenses Net income Loss on the disposal of tangible fixed assets Interest payable Net movement in funds Total funds carried forward	2024 £ 308,853 (69,245) 239,608 (281,338) (41,730) (1,979) (104) (43,813) (43,813)	2023 £ 340,252 (42,986) 297,266 (234,863) 62,403 (7,446) (65) 54,892 54,892

Project Indi Registered number: 1183838 Balance Sheet as at 30 June 2024

Notes Fixed assets Tangible assets 4 Current assets Debtors 5 Cash at bank and in hand Creditors: amounts falling due within one year 6 Net current assets Net assets Funds of the charity Restricted funds 9 Unrestricted funds Total funds Dale Nixon Chair of Trustees Approved by the board on 4 April 2025	2024 2023 £ £ 67,235 24,345 67,235 24,345 2,501 3,649 78,278 164,507 80,779 168,156 (5,051) (5,725) 75,728 162,431 142,963 186,776 63,876 88,871 79,087 97,905 142,963 186,776 Sarah Hall Trustee Approved by the board on 4 April 2025

Project Indi Notes to the Accounts for the year ended 30 June 2024

1 Accounting policies

Basis of preparation

The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

Grants and donations

Income is recognised when the charity is legally entitled to it after performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount.

Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used.

Intangible fixed assets

Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment l

Tangible fixed assets

Freehold buildings	over 50 years
Leasehold improvements	over 5 years
Plant and machinery	over 5 years
Fixtures, fittings, tools and equipment	over 5 years
Computer equipment	over 3 years
Motor vehicles	25% reducing balance

Investments

Stocks

Project Indi Notes to the Accounts for the year ended 30 June 2024

Debtors

Creditors

Taxation

The charity is exempt from tax on its charitable status.

Provisions

Foreign currency translation

Leased assets

Pensions

Contributions to defined contribution plans are expensed in the period to which they relate.

2 Employees Average number of persons employed by the company Employment costs	2024 2023 Number Number 8 8

There were no employees whose annual remuneration was more than £60,000.

Project Indi Notes to the Accounts for the year ended 30 June 2024

Remuneration of key management personnel The remuneration of key management personnel was as follows: Aggregate compensation	2024 2023 Number Number 109,910 82,417

3 Trustees

None of the trustees (or any persons connected with them) received any remuneration or expense payments during the current or previous year.

4 Tangible fixed assets

Cost At 1 July 2023 Additions Disposals At 30 June 2024 Depreciation At 1 July 2023 Charge for the year On disposals At 30 June 2024 Net book value At 30 June 2024 At 30 June 2023	Leasehold improvements Plant and machinery etc Motor vehicles Total £ £ £ £ - 44,069 - 44,069 45,898 7,294 13,999 67,191 - (3,194) - (3,194) 45,898 48,169 13,999 108,066 - 19,724 - 19,724 9,180 9,643 3,500 22,323 - (1,216) - (1,216) 9,180 28,151 3,500 40,831 36,718 20,018 10,499 67,235 - 24,345 - 24,345

5 Debtors Trade debtors Other debtors 6 Creditors: amounts falling due within one year Trade creditors Taxation and social security costs Other creditors	2024 2023 £ £ 237 2,617 2,264 1,032 2,501 3,649 2024 2023 £ £ 356 1,312 3,015 2,930 1,680 1,483 5,051 5,725