VIORI<S
SMART WORKS iEEOS
REGISTERED NUMBER 12059540
ANNUAL REPORT AND FINANCIALSfATEMEP4TS
FOR THE YEAR ENDED 31 Marth 2022
¢ABOKP)L4"
2WO92022
COMPANIES HOUSE
1166

SMART WORKS LEEDS
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 Morch 2022
WORI<S
CONTENTS
Report of the Trustee5
Independent Examinerfs Report
ststement of Financial Activities
Balance Sheet
Notes to the Accounts
io
Reference and Administrative Detai15 of the Charity
19

SMART WORKS LEEDS
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 Morch 2022
SMART
WORI<S
The Trustee5, who are a150 the directors of the charity for the purposes of the Companies Art. present
their annual report together with the accounts of Smart Works Leeds for the year ended 31 March 2022.
The accounts have been p￿Pared in accordance with the accounting policies set out on page 10 and
comply with the chariws 8oveming docurneftt. applicable laws and the requirements of Statement of
recommended Practice on Accounting and Reporting by Chartties. issued in 2019.
l. Objecti￿$ and artivities
Smart Works Leeds provides hlgh quality inteniiew clothes. stylin8 advice and inteThiew training to women
in need. We give women the confi"dence, the self-bel*f and the pradlcal tools they requi￿ to succeed at
inter¥iew and start a new chapter of their lrfe.
The charitrfs objectives are the relief of financial hardship and the relief of unemployment for the public
benefit through the promotion of economic independence among women in West Yorkshire. Smart Work5
Leeds has a clear mission and w￿lOn to help more women back into the workplace by giving them the
clothes and the confidence they need to succeed at ajob interview. Smart Works Leeds ￿ part of a network
of 6 other regional charities that deliverthe Smart Works Charty service in their a￿0.
At the core of our service is a two-hour appointment, dtsring vthich time each woman receives a complete
twtfit of high quality clothes and ac¢essories Itheirs to keepl and dedicated one-to-one interview training.
This Short intervention has 3 significant impact as our clients start believing in their own ability to succeed.
After her dre55in& each client receives a one-to-one interview preparation and coaching session with an
experienced HR professional or senior manager. The irtteThiew session focuses on increasing the clienl's
awarene55 of her own strengths. answering question5 effectively and understanding what is expected of
her at interview.
Once a client is successful at interview. they are welcomed back for a Second Dressin8 to recer¥e five
additional pieces of clothing. This means that they can start their new role with a ca￿ule working
wardrobe which will see them through until their first pay theque.
We recommended our viritual and In person seThice from April 2021. Having helped 347 women alone
overthe last year with ourvirtual service. ourteam in Leeds and volunteers have been working re￿ntle$S1V
to ensu￿ that we can sustain the virtual Servi￿ alongside the regular personal appointments for which
we've experienced a significant increase in deThiand over the last 12 morith5.
2. Achlevements and perlornwn¢e
Highlights
Smart Works Leeds opened its doors to the women of West Yorkshrre at the start of November 2019
with no expectation of how 2020 and 2021 would have unfolded. We offer a bespoke styling and
coaching service to help women to secure employment. The interest and support we receNed from the
community and our volunteers as a whole during 2020 and 2021 wa5 extremely grati￿.￿8 and meant
that we were able to continue providing our Service to women across Yorkshire. Smart Works Charity
stepped in and delivered the Smart Works ser¥ice Virtual￿ during the fitst lockdown. and Subsequent
lockdowns when it wasn't possible to access the centre. Their support was invaluable as we were still at
the early stages of our journey.

SMART WORKS LEEDS
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 March 2022
SMART
WORI<S
We are extremely proud that during 2021 when the pandemic hit we were able to continue operating in
a virtual environment without a ￿nt reduction or rent free period. During the year we were able to raise
funding through a range of events the highlights bein8 our first ever in person fashion sales event at the
Corn Exchange in Leeds in S"ummer 2021 where we raised over £9,0￿ in donations and Cyde for Smart
Works in March 2022 which delivered over £1?,(￿ in donations. We were also successful in securing
grant1£28kl from the Yorkshire Building Society Charitable Foundation which allowed u5 to appoint an
Outreach Officer who has been building partnershrps with referral agencies in Leeds. Bradford.
Doncaster and York with the goal of providing vulnerable women with job and interview coachin8.
The sin8le outstandin8 highlight howeveris the continued rate of grovrth of the service. eX￿dIng its client
ach and objective again durin8 the year ended 31 March 2022. We again exceeded both the target Set
for service delivery and virtual career coaching io the end of the financial year and this was accompanied
bysincere and extremely positive feedback from both clients. volunteer5 and referrers. None of this would
have been achieved if it wasn't for the hard work and dedication of ourteam at the Centre and volunteers
whose continued supp)ry and effort we are grateful for.
Operatlonal 4thievements and perfomlance
During the 12 months ended 31 March 2022. Smart Works Leeds dressed and coached 519 unemployed
women for success at their job interview giving them the confidence and selF belief they need to secure
employment and transform their lives. 64% went on to get the job within a month of their visit. This year,
over40 skilled volunteer5 delivered our Service. giving around 2.(KJO hours of their time
3. Financial Teview
Results for ihe year
Total income for the year ended 31 March 2022 was £128.025 and total expenditure for the year was
£123,020 resulting in net irbcome of £5.005.
Investment policv
The trustees. having regard to the liquidity requirements of operating the charity and to the reserves
policy, have operated a policy of keeping available funds in a suitable deposit account. The account is
CLrrrent5y held with Natwest.
Re5er¥e5 policy
The trustees have considere(I the requirement for free reserves, i.e. those unrestricted funds not
designated for specific purpose or otherwise committed. It has been determined that, given the nature
of the charr<rfs work. the level of free reserves should be equivalent to three months of annual
expenditure. This provides Suff￿lent flexibilty to cover any temporary shortfall in income and will allow
the charity to cope and respond immediately to a reasonable range of unforeseen adverse circumstances
prior lo SPeCrf￿ remedial plans being iM￿emented.
The total reserves of £90.020 incbJdes general funds of £68.636 and restritted funds ￿£21,384. Of these
restricted funds. most relate to dressing stock kindly provided by our supporters. Smart Works Leeds
forecast to be in excess of their reserves policy for the coming financial year 2022-23. We have plans in
place to inuease reserves with fundraising activfties throughout the year and several grant applications
which will ensure that we.meet our policy.
4. Plans for the f￿Ure
On the l April 2022. Smart Works Leeds be8an the first year of an ambitious Three Year Plan acr055 the
Smart Works Networi which aims to double the number of women helped in each of our tentres.

SMART WORKS LEEDS
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 Morch 2022
SMART
WORI<S
including Smart Works Leeds. After the pandemic, and with a severe cost of living Crisis. the need for our
service has never been more urgent, and by the end of the three years, we aim to be helping over I,OC
women from across we￿ Yorkshire, and ensuring that at least 65% go on to secure a job.
We have already signffl¢ant￿ Increased the number of women we have supported during FY22 across
West Yorkshire. Smart Works Leeds will be reaching out to support more women and will be looking to
extend further into the surrounding covnties. We expecl to increase the numbers we sUPPOrt with our
core services by SO% on 2022123.
To achieve these aims we have appointed a dedictated referral partner and have broadened the range of
referral partners we engage and work with while deepening existing referral relationship5. We see
emerging ￿latIOnShipS with a number of corporate returners programmes as a particularly extiting and
rewardirtg prospect. Smart Works Leeds will also be considering a needs driven expansion of our direct
service delivery hours this year which will be athieved by recruriing an additional staff memberls.
We will proactivety seek funding opportunities and the￿bY financlal stabKlity in line with our fundralslng
strategy. While we continue to capitaltse on the ￿810n01 funding available through granl giving bodies
during 2022123 we will concentrate on developing fvrther a sustained income through events. individual
and torporate relaiionships thereby ensuring we are able to coniinue delivering our aim of supporting
women in West Yorkshire into ernployment.
5. Stryrture• goveinance and management
Govemante
Smart Works Leeds and its trustees are bound by the Memorandum and Articles of A5s¢Xlation. The
names of the trustees who seThed during the period are set out in the reference and administrative
information on page 19.
Smart Works Charity is the sole member of Smart Works Leeds. Smart Works Leeds has been granted
license to operate by Smart Works Charity and it has the same objectives and similar activities as the
parent company.
RKruitment and appointment of new trustees
Regular reviews are undertaken to asses5 the skills of the CU￿ent trustee5 and identify any areas for
stren￿hen1Trg. Newtrustees are apfviinted by the existing trusiees and thelr appointmentls approved by
Smart Works Charitv.
Indurtion and training of new trustees
New trustees are provided with an inductron to familiarise themsefves with the charity and the not for
profit sector. A Trustee Welcome Pack is shared with all Smart Works trustees when they join the charity,
setting our roles, responsibilities and the Structu￿ ol Smart Works both regionally and nationally. They
are briefed on their responsibilities by the existingtrustees. New trustees are also referred to the tharity
Comrnis5ion'5 guide The Essential TrustÈe'.
Organisatlonal structure and decision making
The trustees review and approve èll policies, arod follow a strnte8y set in the business plan. The trustee5
rneet at least monthly throughout the year and will have an annual session to update and revtse the
Strategy.

SMART WORKS LEEDS
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 Morch 2022
SMART
WORI<S
M•na8ement
The doy to day management of Smart Works Leeds is undertaken by the Manager and overseen by
the Chair ond board of trustees. Operational and brand infrastrurture is provided by Smart Works Charity.
Pay poli¢y for key management personnel
All truslees give their time freely and no trustee receNed remuneration in the year.
The pay of staff will be reviewed annualty. Thetru5tees benchmark pay against pay levels in other similarly
sized charities.
Rlsk management
The trustees regularty review the major risks to which the charity is exposed. in particular those relating
to governance, operation5. finance. HR. cornpliance and exiernal factors.
Relationshlps with related parties
Smart Works Charity is the sole member of Smart Works Leeds.
Policies
Policies for all relevant areas are maintained. induding Vulnerable Adults. Data Protect￿n. Health and
Safety. Bribery. Conflict of Interest. Complaints Handling and Privacy Policy for aients, Donors and
Oiversity. A staff handbook 15 made available lo staff and includes a summary of all these policies.
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 over 40 with a very high retention rate. Arguably. one of the greatest assets Smart Works
Leed5 has is the enornious role played by its dedicated volunteers.
Public benefit
The tru5tee5 have read and complied with ihe guidance contained in the Charity Commission's general
guidance on public beneffts when reviewing our aims and objectives and in planning our future actwities.
The achievements above detail how Smart Works Leeds has complied with the public benefit
requirements.
In preparing this report, the tmstees have taken advantage of the small companies exemptions provided
. by sertion 415A ofthe COmpan￿S Act 2￿16.
This report was approved by the Board on I September 2022 and signed on its behaff by..
Helen Oldham
Saffeena Geldart

SMART WORKS LEEDS
TRUSTEES, RESPONSIBILMES STATEMENT
FOR THE YEAR ENDED 31 March 2022
VJORI(.S
Trust&￿ responsibililies Statement
Tthe trustees (who are also diiectors of Smart Works Leeds for the purposes of tompany lawl are
responsible for preparing the Trustees. Annual Report and the financial statements in accordance with
applicable law and United Kingdom AttountFng Standards Iuniied Kingdom Generally Accepted
Accountlng Practice).
Company law requires the Trustees lo prepare financial statements for each financial year. Under that
law the Trustees have elected to prepa￿ the financial statements in acwrdance with united Kingdom
Generally Accepted Accounting Practice Iunited Kingdom Accounting Standards and applicable lawl.
Under Company law the Trustees musi not approve the financial statements unless they are satisfied that
they give a true and fair view of the state of affairs of the Charrtable airnpany and of the incoming
resoyrces and application of resources, including the income and expenditure, of the Charitable company
for that period. In preparing the firtèncial statements the Trustees are required to=
select svitable accounting pol￿e$ and then apply them ¢onsistenily.'
observe the methods and principles in the Charities SORP 2019 IFRS 1021-
make judgements and estimates that are reasonable and prudent-
Stste whether applicable UK Accounting Standards have been followed, subjert to any material
departures disclosed and explained in the financial statements-
prepare the financial statements on the going concem basis unless it is inappropriate to presume
that the charitable company will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable
accuracy at any time the financial position of the charitable compaRy and enable them to ensure that the
financial statements comply with ihe Companies Act 2006. They are a150 responsible for safeguarding the
assets of the charitable company and hence for laking reasonable steps for the prevention and detertion
of fraud and other irregularities.

SMART WORKS LEEDS
INDEPENDENT EXAmINE￿s REPORT TO THE TRUSTEES OF SMART WORKS LEEDS
FOR THE YEAR ENDED 31 March 2022
I report to the tharity trustees on my examination of the accounts of the company for the period from
intorporation to 31 March 2022 which are set out on pages 8 to 19.
Responsibilities and basls ot report
As the charity trustees of the company land abo Tts dirertors for the purposes of company lawl you are
responsrble for the preparalion of the accounts in actordance WTth the requirements of the Companies
Act 20061.the 21)06 ACVI.
Having satisfied myself that the accounts of the company a￿ not requirèd to be audited under Part 16 of
the 2￿6 Act and are eligible for independent examination. I report in respect of my examination of your
compan￿5 accounts as carried out under section 145 of the Charities Act 2011 {'the 2011 Act'l. In carrying
out my examination I have folknved the Llirections given by the Charity Commtsston under section
1451511bl of the 2011 Acl.
Independent examiner's statemwt
I have completed my examination. I confimi that no matters have come lo my attention in connectlon
with the examination giving rne cause lo believe that in any material respect:
accounting records were not kept in ￿Spect of the company as Tequired by section 386 of the 2￿6
Act: or
the accounts do not accord with those records- or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a 'true and fair ¥1￿￿ whTrch is not a matter considered
as part of an independent examination: or
the accounts have not been prepa￿d in accordance withthe methods and printiplesof the Statement
of Recommended Practice for accounting and reporting by charities applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable In ihe VK and Republic
of Ireland IFRS 1021.
I have no concerns and have come across no 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.
Hannah Orrnston CIPFA
Critchleys
Date:
21 September 2022

SMART WORKS LEEDS
STATEMENT OF FINANCIAL AcfiviTIES INCLUDING INCOME AND EXPENDITURE
FOR THE YEAR ENDED 31 March 2022
SMART
WORKS
Notès Gèneral Dest￿ted ftestricted
Fund5
Funds
2022
Total
2021
Total
Donations
Other trading
activitie5
Other income
51.964
34.$06
86.470
Sl,521
30.675
30.675
10.880
28.280
10.490
IOMI
Total
82,639
45.386
128.025
90.291
Expènditure on."
Charitable activities
Total eX￿ndit￿re
70,839
52.181
123.020
48.540
70,839
11.8C*)
52.181
16.7951
123.020
5.(KJ5
48.540
41.751
Net Intomè
Transfers between
funds
Net mo¥ement In(￿d$
11.8th)
16,7951
S.(X)S
41,751
Reconollatlon of lunds
Total funds brought
torward
Total lunds urrled
forward
56,836
28.179
85.015
43.264
68.636
21.384
90,020
85.015
All of the companfs activities are dassified as continuing.
The company had no gains or hJ55e5 Other than those shown above.
The notes on pages 11-"19 form part ofthese accounts.

SMART WORKS LEEDS
BAiANCE SHEET
REGISTERED NUMBER 12059540
AS A T31 March 2022
Nixes
2021
Non current Assets
Flxed Assets
12,858
15,541
Current A55ets
Stock
Oebtors
Cash at bank and in
hand
io
li
14.658
10,103
20.153
21.829
71.783
32.860
74,842
Credltors: amounts
lallini due wiihin one
year
12
119,3821
15,3681
119,3821
15,3681
et current assets
77.162
90.020
69,474
85,015
et assets
The fvnds ofthe
¢harliv
Restrieted funds
Unrestricted funds
General fund
Tmal <h•rlty fw¥ts"
21,384
28,179
68.636
90,020
56,836
85,015
For the year ended 31 March 2022 the company was entttled to exemption from audrt under section
477 of the Companies Act 2006 relating to small companbes.
The members have not required the company to obtain an audit in accordance with section 476 of
the Act.
The directors acknowledge their responsibilities for comptying with the requirements of the
Cornpanies Act 2006 with respect to xcounting iecofds and preparation of accounts.

SMART WORKS LEED5
BAiANCE SHEET
REGISTERED NUMBER 12059540
ASA T31 Morch 2022
SMART
WORI<S
These actounts have been prepared in attordance with the wovsions applicable to companies
subject to the small companies regime.
+o&odè
Helen Oldham
Saffeena Geldart
Approved by the Board on I September2022.
The notes on pages 11-19 fomi part ofthese accounts.
io

SMART WORKS LEEDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 Morch 2022
IIVORI<S
I. ACCOUNTING POUOES
General informaiion
Smart Works Leeds is a company limited by gvarantee and incorporated in England and Wales..
The registered Is Mabgate Mills. Mill 5 First Floor. Mabgate, Leeds. LS9 7DZ.
B•515 Qf preparntion
The financial statements have been prepared in accordance with Accounting and Rep)rting by
Charities= Staternent of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 leffectwe l Janvary 20191 (Charities SORP IFRS 10211. the Financial Reporting Standard
applicable in the UK and Republic of Ireland {FRS 1021 and the Companies Act 2006.
Smart Works Leeds meetsthe definition of a public benefrt_entityunder FRS 102. Assets and liabilities
recogni5ed at historical cost or transattion value unle$5 Otherwise stated in the relevant ac¢ounting
policy notes.
The financial statements are prepafed on a going concem basis. There are no material
uncertainties in respect of the charitvs atHlty to continue as a going concem for the foreseeable
future, based on latest strategic plans and financial budgets.
The charl￿5 presentational and functional currency is Pounds Sterling.
Income
Income is included in the period in which the charity becomes entitled tothe resources, the trustees
have sufficient certainty that they will receNe the resour￿ and the monetary value can be
measured with sufficient ￿lIabIl￿. Main and common %)urce of income during the period was
fundingfrom HQand donations from indNKluab.
Grants
Grants and donations are reCOgn￿ed On￿ entrtlement and value have been confirnied in writing.
Tax redaims on donations and ￿$
IrKome from tax redaims are inclLrded in the SOFA at the ￿me tine as the gift towhKh they relate.
Donated goods and seThites
Donated stock for dressing clients 15 recognised in the financkil statements when the goods are
received by the charity and their value can be measured with reasonable accuracy. The value
placed on these resources is their value to the charity. The trustee5 consider it imprartical to
me•sure the value of volunteer help and consequently, as pern)rtted by the SORP. their value is
not recognised in the financial statements but is des¢ribed in the trustees. annual report.
Expenditure
Expenditure is included In the statement of finanaal artivtties when incurred and includes
attributable VAT which cannot be recovered. All expenditure is allocated to the particular activity
where the c05t relates directly to that actwity. Indirert ￿$ts and overf￿ad expenses are
apportioned on a judgemental basis in proportion tofloor spa¢e used.
Tangible fixed assets
Assets are capitalised rf they can be used for fflore than one yearand cost at least £i.rNxi. Tangible
fixed assets are stated at cost les5 depreciatKYb.
li

SMART WORKS LEEDS
NOTES TO THE FINANCIAL STATEMEPUS
FOR THE YEAR ENDED 31 March 2022
SMART
WORKS
Depredation
Depreciation ha5 been provided at the folk)wing rates in order lo wriie off the assets. ￿sS their
estimated residual value. over their estirnate(fuseful economic lives:
Computer equipment
office fixtures and ffttings
30% M the 5tra%ht line basis
20% on the stTaiBht line basis
Stocks
The cost of donated stock for distributton to beneftwries 15 valued at fair value. whth has been
estlrnated bythe trustees.
Inve5oment income
Thi5 is included in the act(yJnts when re￿TrIable.
Debto
Trade and other debtors are recognised at the settlement amount due after any trade d￿cOunt
Offe￿￿. Prepayments a￿ valued at the amount prepaid net of any trade discounts due. Attrued
incomeand tax recoverable ts included at the best estimate of the amounts receNable at the balance
sheet date.
Fmancial Instruments
The charity only has financial asset5 and liabilities of a kind that qualify as basic financial
instruments.
Basic financial instruments are inrtially recognised at transaction value and
subsequently measured at their settlement value. Fixed assets are recorded at depreciated
historical cost and all other assets and liabilrties are recorded at cost, which is their fair value.
Cash at bank and in hand
Cash at bank and cash in hand indudes cash and short term high￿ liquid investments with a short
maturity of th￿e months or less from the date of acquisition or openi￿% of the deposit or similar
account.
Creditors
Liabilities are recogn￿1 as soon a5 there 15 a *al or constructV￿ obligation committing the charity
to pay oth resources.
Fund accountin8
The General Fund is an unre5tri¢ted fund which is available for use * the d￿cretiOn of the trustees
In lurtheTrnce of the 8eneral obiertives of the charity and which have not been desEnated for
specrfic purposes.
The Designated Furbds are unrestricted fund5 which have been set up by the trustees to hold fvnds
forspecific wrposes. Theaim and useof each designated fund ts setout in the notesto theaccounts.
Restricied Funds are funds whth are to be used in attordance with spetific ￿StridIonS imposed by
the donors. The aim and use of each Restricted Fund 15 set out in the notes to the accounts.
Income and expenditure are allocated to the Funds on a dirert or time apportioned ba515 as
appropriate.
12

SMART WORKS LEEDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 Morch 2022
SMART
WORKS
T￿ation
The company is cOnside￿d to pass the tests set out in Paragraph I Schedule 6 of the Finance Act
2010 and therefofe tt meets the definttion of a charitable company for UK corporation tax
purposes. Accordingly, the company is potentially exempt from taxation in respert of income or
capital gains received wtthin categories covered by Chapter 3 Part Ilof the Corporation Tax Act
2010 or Section 256 of the Taxation of ChargealAe Gains Act 1992, to the extent that such income
or gains are appl*d exclusivety to charitable purposes.
The charity operates a defined contribution pension scheme for employees. These assets of the
scheme are held separateW from those of the charity. The annual contribut*)ns payable are charged
to the statement of financial actbvfties. The charity abo makes COntribut￿n5 into indNiduaYs own
personal pension arrangements.
Operating lease weements
Rentals applicaWe to operating leases where substantTrally all of the benefits and risks of ownership
remain whth the lessorare charged aga￿￿ profits on a straight line basis overthe period ￿the lease.
Signtficant Accountin8 Estimates
The Trustees make estimates and a5SUrnPtions concerning the future. The resulting accounting
estirnates will, by deftnition, seklom equal the related attual results. There a￿ no estimates and
assumptions that have a s¥ntficant risk of Caus1￿ a material adjustment to the Carrying amounts of
assets and lialmlities within the fte￿ financial year.
2. DONATIONS
OJRRENT PERK>D
2022
Total
Funds
Funds
Dressin8 stock donations
Grants and individual
donations
S.935
5.935
51.964
28.571
80.535
51.964
34.506
86.470
PRIOR PERIOD
General Ilesi8nated Re5trirted
Fund
Fund5
2021
Total
Dressing stock donatitins
Donated capex
Grants and indiwdual
donations
16.3131
4,200
16.3131
. 4.2C(J
23.455
30.179
53.634
23.455
28.066
S1.S21
13

SMART WORKS LEEDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2022
SMART
WORI<S
3. OTHER TRADING ACTivmE5
CURRENT PERIOD
2022
Totsl
Fund
Fwds
Funds
Cycle for Smart Wwks
Events
17.675
13.Q
30,675
17.675
13.C
30.675
PWOR Pf RIOD
2021
Total
Fwnd5
Funlts
Cytle for Smart Works
Events
19.134
9,146
28,280
9.146
28.280
CHARifABLE ACri￿nE$
CURRENT PERIOD
General Dtsyated
Restrlrted
Funds
Fund
Funds
Total
Staff ￿lated dirett Èxpenditvre
Premises related direct
expenditure
Other direct expenditure
Administrat¢ve expenditure
Support costs Inote Sl
47.061
24,880
71.941
10,768
14.347
25.115
5.859
461
6.690
11.430
17.289
461
.214
1.524
70.839
52.181
IZ3.020
PRIOR PERIOD
2021
FWMI
Funds
Total
Staff related dired expenditure
Premises related direct
expenditure
Other direct expenditure
Administrative expenditure
Support costs (note 61
31.542
31.542
9,733
9,905
19,638
11.8161
514
3.374
11.805
16,4701
18.2861
514
5.132
1.758
36,735
14

SMART WORKS LEEDS
NOTES TO THE FINANaAL STATEMENTS
FOR THE YEAR ENDED 31 Morch 2022
S. SUPPORTcosrs
2022
Total
2021
Total.
Staff related
Premises related
Administratsve expenditure
Governance w5ts
989
1.591
3.461
2.173
8.214
428
1.352
5.132
The fee for independent examination of theses financ￿1 statements was £9CQ.
NEf INCOMEAFTER CHARGINGIICREDMNGI
2022
Total
2021
Total
Operating lease payments
Wa8e5 and sa13ries
Employer￿ National Insurante
Employers Pension
Independent Examinerts remuneration
24.354
67.993
2.763
844
900
20.559
29.242
1,816
485
Avera8t number of employee5 during the peri¢)d
No member of staff was paid more than £60.(XM) IFY21: £60,(KK>I in the period.
The key management personnel of the Charity compflse the Trustees working with the Centre
Manager. The total amount of employee benefrts (including employer pension and employer
national insurance ¢ontributM)nsl received by the key management team for their ser¥i¢es to
the Charity was £35.739 IFY21: £14.9121.
7. TRUSTEE REMUNERATION AND WENSES
No Trustee received any reMUnerat￿n in the year. Trustees receNed expenses from the charity in
relation to the performance of their duties as tn15tees. Thi5 lotalled £NIL in the period IFY21: £NILI.
15

SMART WORKS LEEDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 Morch 2022
WOR1<5
9. FIXED ASSErs
T•tsl £
Eq￿Prnent
C05t
Opening balance
Addilions
aosing balance
15.070
1708
1227
3,935
17.778
1,227
19.C(J5
15.070
tkpreclation
Openin8 balan
Charge for the year
Closing balance
1.624
613
816
1,429
1237
3,910
6.147
4.718
Total NBVa5 at31 Marth
2022
10.352
12.858
Total NBVas at31 Ma￿h
2021
13.446
2.095
15.541
2022
2021
Oressing st¢xk
14.658
20,153
A5 dètailed in note l. the charit(s donated stock forbeneftciarie5 15 valued at fair valut.
11 DEBTOR5
2022
2021
Debtors
10,103
21,829
10,103
21,829
11 CREDITORS
2022
2021
Accruals and deferred income
Other creditors
15.115
4.267
4.922
19,382
16

SMART WORKS LEEDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 Morch 2022
SMART
WORI<S
13. RESTRICTED FUNDS
Asat31
Marth
2021 Intomt Expenditure
Asat31
March
2022
Analysis of fvnd balance by projert
Dressing st¢xk
Grants and othef income
Fixed assets
20.153
5.935
39,451
111.4301
138.9751
1.7761
14.658
2.076
4.650
6.426
28.179
4S,386
152.1811
21.384
The d￿SSing Stock fund represents donations received for the specifK purpose of provbdin
beneficiaries ¥￿h dothing for interview.
During FY22. we were Successful￿ awarded grants from the followin8 organi5ation5:
National Lottery Community Fund - Coronavirus Community Support Fund {collerted via
Smart Works Charity) is a grant for core costs - £2.160
SWC Career Coaching (Bank of America 2022 collected via Smart Works Charity) is
grant for core costs - £14,625
Yorkshire Building Society Chartiable Foundation is a grant for employing an Ovtreach
Projects Officer- £28.LKKJ1£14k delerred to FY231
14. ANALYSIS OF NEfASSETS BETWEEN FUNDS
Current year
Funds
Funds
2022
70ts1
2022
Tangible fixed assets
Current assets
Cred*t￿S￿Ue within oneyear
4,650
35.O)1
118.2671
21384
8.208
12.858
61.543
96,544
11.1151 119.3821
68,636
90.020
loryear
Funds
2021
Funds
2021
Total
2021
Tan8ible fixed assets
Current assets
Creditors due within one year
6,426
26.020
14.2671
28.179
9.115
48,822
ii.ioii
56,836
15,541
74.842
15.3681
85.015
17

SMART WORKS LEEDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 Morch 2022
SMART
WORI(S
15. OTHER FINANCIAL COMMITMENTS
At the period end the company had annual commiiments under can￿lable operating lease5 as set
out below":
Re5trirted
20
2021
operati￿ Lease5
within one year
within two to five years
21,616
20,905
16. MEMBERS. LIABILITIES
The comp8ny is limited by guarantee. The rnember of the company undertakes to contribute to
the assets of the company, in the event of the same being wound up while they are a member.
or within one year after they cease to be a rnember, for payment of the debts and liabilities of
the company contracted before they ceased to be a member. and of the costs, charges and
expenses of winding up such amount as may be required not exceeding £1. At the balance sheet
date there was one rnember. Smart Works Charity.
17. RELATED PARTY TRANSAclloNS
During the year the charity recetved several grants via Smart Works Charity (Charity Regtstration
Number is 1080609 and Company Registration Number 15 038706711. its immediate parent.
These totalled £37.096 IFY21: £41.8291. There were no other related party transactiOn5.
18. CONTROL
The charity is controlled by Smart Works Charity who is the sole member of this charity. Smart
Works Charity has the same principal activity as this charity. The accounts of Smart Works Charlty
are consiAidated and available frorn Companies House.
18

SMART WORKS LEEDS
REFERENCE AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 March 2022
WORI<S
Registered narne
Smart Works Leeds
Charity re8iStration number
1184676
Company registr*ion number
12059540
Corporate status
The Company is limited by guarantee
Reglstered office
Mabgate Mills Mill 5 First Floor
Mabgate
Leeds
L59 7DZ
Telephone
0113 234 6503
Website
smartworks.org.uk
Truslees
Helen aare Oldham
Ruth Frances Cherry
Beverley Maureen Brown
Claire Louise Tiffney
Saffeena Gèldart
Tracy Elizabeth Fletcher
Stephanie Louise Smith
Kathryn Croft {resi8ned on 6 July 20221
Independent Examlner
Hannah Orniston apFA
Critchleys
Beaver House
23-38 Hythe Bridge Street
Oxford
OXI 2EP
Bankers
Natwest Bank plc
8 Park Row
Leeds
LSI 5HD
19