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## **Charity Commission Annual Return 2025**
SMART WORKS LEEDS
Charity registration number: 1184676
**Most of the information you give in this form will become publicly available on the Register of Charities. Any field that the Charity Commission will not display will be clearly marked.**
**This document is a record of the information provided in the Annual Return 2025.**
## **PART A - Charity information**
## **Financial period**
**Financial period start date** 01/04/2024
**Financial period end date** 31/03/2025
## **Income and spending**
## **Income £**
£ 507,265
## **Spending £**
£ 321,982
## **Number of contracts from government**
**How many contracts (other than grant agreements) did your charity receive from central government or a local authority during the financial period for this return?**
0
## **Number of grants from government**
**How many grants did your charity receive from central government or a local authority during the financial period for this return?**
0
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## **Corporate donations**
**What was the value of your charity’s single highest value donation received from a corporate donor during the financial period of this return?** £ 5,000
## **Donations from individuals**
**What was the value of your charity’s single highest value donation received from an individual during the financial period of this return?**
£ 196
## **Donations from related parties**
**What was the value of your charity’s single highest value donation received from a related party during the financial period of this return?**
£ 5,000
## **Grantmaking**
## **Is grant making the main way your charity carries out its purposes?**
No
## **Recipients of grants**
**Please round all figures to the nearest pound (do not enter decimal points or commas). Individuals**
£ 0
## **Other charities**
£ 0
**Other organisations that are not charities**
£ 0
## **Trustee payments**
**Excluding out of pocket expenses, for what were any of the trustees paid during the financial period for this return?**
⊠ e. None of the trustees have been paid
**Did any of the trustees resign and take up employment with your charity in the financial period of this return?**
No
## **Income from outside the UK**
**Did your charity receive income from outside of the United Kingdom in the financial period of this return?**
No
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**Delivering activities outside the United Kingdom**
**Did your charity deliver charitable activities outside of the United Kingdom in the financial period of this return?**
No
**Spending outside of the United Kingdom**
**Did your charity spend funds outside of the United Kingdom in the financial period of this return?** No
**Total Spending outside of the United Kingdom** £
**Trading subsidiaries**
**Does the charity have any trading subsidiaries?**
No
**Employment contract types**
**People were permanently employed by your charity** 8 **People were on fxed-terms contracts with your charity** 0
**Self-employed people were working for your charity** 0
**Total overseas employees**
**How many of the people above work on behalf of your charity outside of the United Kingdom?**
0
**Total employee payroll**
**What was the total amount spent on employee payroll during the financial period relating to this return?**
£ 181,040
**Employees' salaries**
**Did any of your charity's employees receive total employment benefits of £60,000 or more in the financial period of this annual return?**
No
**Governance policies**
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**Internal charity financial controls policy and procedures** Yes **Safeguarding policy and procedures** Yes
## **Financial reserves policy and procedures**
Yes
## **Complaints policy and procedures**
Yes
## **Serious incident reporting policy and procedures**
Yes
**Internal risk management policy and procedures**
Yes
**Trustee expenses policy and procedures**
Yes
## **Trustee conflicts of interest policy and procedures**
Yes
**Investing charity funds policy and procedures**
Yes
## **Campaigns and political activity policy and procedures**
Yes
## **Bullying and harassment policy and procedures**
Yes **Social media policy and procedures** Yes **Engaging external speakers at charity events policy and procedures** Yes
**Safeguarding**
**Has your charity provided services to children and/or adults at risk in the financial period of the return?** Yes **a. Standard DBS checks have been obtained for all eligible roles** No **b. Enhanced DBS checks have been obtained for all eligible roles** No **c. Enhanced with Barred List(s) DBS checks have been obtained for all eligible roles** No
**Serious Incidents**
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**Has your charity reported all Serious Incidents (including any historical incidents) that the charity became aware of during the financial period of this return?** There were no incidents to report
## **External risk and impact**
**Donations** No impact **Other income - grants** No impact **Other income - contracts** Not applicable **Other income - investment** No impact
**Expenditure on charitable activities** No impact **Expenditure on overheads** Negative **Number of volunteers** No impact **Number of employees** No impact **Number of trustees** No impact **Fundraising activities** No impact **Capacity to deliver services** Unknown **Total service demand** Unknown
**Volunteers**
**Excluding trustees, provide an estimate of the number of volunteers who carried out charitable activities on behalf of your charity in the United Kingdom during the financial period of this return?** 140
## **PART B - Financial information**
**Account type**
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Charity only accounts
## **Does your charity prepare:**
## **Assets**
**Of the total fixed assets Total fixed assets what value is Fixed asset investments** £ 1,070 £ 0 **Of the total current assets Total current assets what value is Current asset investments** £ 317,068 £ 0 **Of the total current assets what value is Cash at bank and in hand** £ 286,426
## **Liabilities**
|**Creditors due within 1year**
£ 32,953
**Defned beneft pension scheme asset/(liability)**
**This fgure should be prefxed with a minus symbol**
**if it is a negative value**
£ 0
**Total net assets/(liabilities)**|**Creditors falling due after oneyear andprovisions**|
|---|---|
||£ 0|
|||
|£ 285,185||
**Funds**
|**Endowment funds**
£ 0
**Unrestricted funds**
£ 52,285
**Total Funds**|**Restricted funds**|
|---|---|
||£ 232,900|
|||
|£ 285,185||
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**Additional information**
## **Support costs**
£ 11,403
## **Level of reserves**
£ 52,285
## **Depreciation charge for the year**
£ 3,479
## **Average number of employees**
8
**Income and endowments**
**Donations & legacies** £ 448,455 **Of the total donations & legacies what amount is Endowments received** £ 0 **Investment income** £ 848 **Other income** £ 0 **Total Income and endowments** £ 507,265
**Of the total donations & legacies what amount is Legacies** £ 0 **Other trading activities** £ 57,962 **Income from charitable activities** £ 0
**Expenditure**
**Expenditure on raising funds** £ 21,864 **Other expenditure** £ 0
**Of the total expenditure on charitable activities what value is Grants to institutions** £ 0
**Of the total expenditure on raising funds what value is Investment management costs**
£ 0
## **Expenditure on charitable activities**
£ 300,118
**Of the total expenditure on charitable activities what value is Governance costs**
£ 815
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## **Total Expenditure**
£ 321,982
## **Gains/(losses)**
**Actuarial gains/(losses) on defined benefit pension schemes This figure should be prefixed with the minus symbol if it is a negative value.ymbol if it is a negative value.mbol if it is a negative value.gative value.ative value.** £ 0
**Gains/(losses) on revaluation of fixed assets schemes This figure should be prefixed with the minus This figure should be prefixed with the minus symbol if it is a negative value. symbol if it is a negative value.ymbol if it is a negative value.mbol if it is a negative value.gative value.ative value.** £ 0 £ 0 **Net gains/(losses) on investments Other gains/(losses) This figure should be prefixed with the minus This figure should be prefixed with the minus symbol if it is a negative value. symbol if it is a negative value.** £ 0 £ 0
## **Privacy statement**
**Any information you give us will be held securely and processed only in accordance with the rule on data protection. We will not disclose your personal details to anyone unconnected to the Charity Commission unless:**
- **you have consented to their release; or**
- **we are legally obliged to disclose them; or**
**· we regard disclosure as either (a) necessary so that we can properly carry out our statutory functions or (b) necessary in the public interest.**
**We may share and disclose information about you with relevant public authorities, regulatory bodies and agencies, outside the Charity Commission but only if:**
- **we can lawfully do so; and**
**· we decide that disclosure is necessary for national security, crime detection, prevention, and law enforcement, or other issues in the public interest**
**Information we collect about you**
**We will use this information:**
**To enable us to carry out our statutory functions and duties;**
**This will include the following actions:**
**(a) update, consolidate, and improve the accuracy of our records;**
**(b) undertake crime detection and prevention and law enforcement and assist the third parties specified above to investigate or prevent crime and carry out law enforcement;**
**(c) data analysis, testing, research, statistical and survey purposes**
**Information we receive from other sources.**
**Information we receive from other sources**
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**We may combine this information with information you give to us and information we collect about you.**
**We may use this information and the combined information for the purposes set out above (depending on the types of information we receive).**
**We will ensure that any such disclosure and use is proportionate; considers your right to respect for your private life; and is done fairly and lawfully in accordance with the data protection principles of the Data Protection Act.**
**The Data Protection Act 1998 regulates the use of 'personal data', which is essentially any information, however stored, about identifiable living individuals.**
**As a 'data controller' under the Act, the Charity Commission must comply with it. Any changes we may make to our privacy statement in the future will be set out in the replacement version of this form.**
**Please check back frequently to see any updates or changes to our privacy policy.**
**Declaration**
**This annual return has not been submitted and no Declaration has been made**
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Charlty reglstration number 1184676 (England and Wales)
Company reglstration number 12059540
SMART WORKS LEEDS
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
SMART WORKS LEEDS
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Ruth Cherry
Helen Oldham
Tracy Fletchgr
Stephanie Smith
Emrna Illin9WOrth
Jultte Fitzmaurice
Am8nda Clatl(e
Ally Dowsing-Reynolds
Deirdre Reid
(Appointed 8 August 20241
(Appointèd 8 August 20241
Charlty number
1184676
Company numbèr
12059540
Regl8t¢red offlce
Mabgat8 Mills Mill 5
First Floor
Mabgate
Leeds
Yorkshire
United Klngdom
LS9 7DZ
Indep8nd•nt examlner
Gra19 Audit Oxford LLP
Fiist Floor, Park Central
4041 Park End Street
Oxford
OX1 1JD
BankerB
Nafv4est
Ghatham Customer Service Centre
Western Avenue
Waterside Court
Chatham Maritime
Chatham
Kent
ME4. 4RT
SMART WORKS LEEDS
CONTENTS
Page
TNstees report
Independent examinerfs port
Statement of finandal activities
10
Balance sheet
Notes to the financial statements
12-24
SMART WORKS LEEDS
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees, who are also the d1CtOrS of the charity for the purposes of the Companies Act, pres8nt their annu81
report togetherwth the 8ccounts of Sm8rt Works Leeds in the year ended 31 March 2025.
The accounts have been prepared in accordance with the accounting policies Set out on pages 12 to 13 and comply
vAth the chaty,5 governing document, applicable laws and the requirements of Stslement of Recommended
Practice on 'A£counling and Reporting by Charities, issued in 2019.
ObSectlves and activiti
Smart WoTk5 Leeds provides both careeT8 coaching and InteNiew coaching, as well as high quality interview
clothes and styling advice to unemployed women. We give women the confidence. self-belief and practical tools
they require to succeed at interview 8nd start a new ch3Pter of their life.
The charity's objectives are the relief of financi81 hardship and the relief of unemployment for the public beneffit
through the Pfomotion of economic independence among women in Yorkshire. To deliver this, Smart Works Leeds
was inwrporated in 2019 with a clear mission and vision to help more women back into the workplace by gnfing
thern the clothes and the confidence they need to succeed at job interview. Smart WoTk5 Leeds is part ol a network
of 8ight charities that deliver the Smart Works Charity service in their area.
At the Core of our service is a twhOUr Interview Dressing and Preparation appointment, during which each woman
receives 8 complete ouffit of high-quality clothes and acoes50ries Ilheirs to keep) and tailored one-lo-one interview
coaching. This deceptivety simple. short intervention has a signffic8nt Impact as our clients start believing in their
own ability to succeed. Once they get the job, we offer clients a Second Dressing for more clothing, to provide a
working wardrobe to see them through to ibeir first pay cheque.
In addition to the core Serv4, for unemployed women who have not yet secured a job intetview. we deliver career
coaching sessions to offer support and skills to gain interviews. This rnay be around CV preparation. Job application
andlor sectorlroles that match their skllls. This aspect of our service ha5 seen high growth in recent years as the job
maiket has become more difficult.
As part of the Smart Works Group, our strategic focus 15 to delwer our core dressing and InteieW coachlng service
to the best possible standard across the UK and to take it to more locations so that any woman who needs our
support can corne to Smart Work5. In the lace of the cost-of4iving crisis, the value of securing a job has never been
greater. Our support 15 needed now Tnore than ever. This year we completed our Ihree-year plan, which sel a target
of reaching 10.000 women per year, as well as enhanang other aspects of our semce delivery. Key impact data
trom across the UK is as follows..
10,600 women 5UPPOrted in 2024125 alone
12 centres delverIng services across the UK
67% of rjients secure a job within one month of their appointment
94% report increased confidence after engaging with Smart Works
S7% of our client5 are frorn an ethnic minority background
16% of our clients have a disability
49% of our clients are parents
59% of our clients are age 25-29
Our key perfoTm8nce indicators are the number of women that we help, and the proportion of those women who
secure employment after their visit to a Smart Worf(s Centre
SMART WORKS LEEDS
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Aehlevements and perfonnanee
Hlghlight5
Smart WoTks Leeds is incredibty proud of whal has been achieved in its 6th year. Overall, Smart Work8 Leeds ha5..
Helped 1005 unique beneficiaries on theirjourney to employrnent., and delivered 1284 total appointments.
Delivered 728 Intemew Dressing & Preparation appointments to unemployed WOfn8n with secured job interviews.
Delivered 360 career coaching appointments to unemployed women lo help them make tangible steps toward
Becuring an interview.
Been grateful for the support of over 90 volunteers in deliverlng the servlce.
84% of the women we helped before a job interview seeured employment within a month of their visit.
Continued to reach women who face significant barriers lo securing employment. Smart Ik$ clients are rn05tly
long-term unernployed and have experienced repeated rejections from multiple jobs..
17% have been leCted from over 20 jobs, 129/0 have been rejected from over 50 jobs,
27% have been unevnployed for OV8T a year and 19% have been unemploye¢ for over 5 years.
The majorty are from communlbes facing Mu"ple barrier5 to gaining employment..
25% are lone parents,
15% have a disability and
49% aTe from an ethnic mlnorty
This year we have completed year 3 of our latest 3-year plan. We committed to a number of initiatives including
widening our outreach in Bradford and beyond, strengthening our local Bo8rd and developlng our relationships
within existing communities, as well 85 identifying new partnerships across the Ytsrkshire region. All this wth the airn
of helping at least 1000 women in our region.
We are delighted to have 8thieved and exceeded our own expectstions and would like to highlight the following
Suc$se8..
We have secured alrnost £380k of grant lunding oveT a 3-year perlod from The YBS Foundatlon, This has enabled
us to accelerate our plans to support women from the Bradford region and allowed us to employ 3 local women to
support outreach 8Nd seNice delivery focusing expliatly on the Bradford district, with targeted efforts in areas
idenlffied as most in need (util7ng the Indices of Multiple Deprivation).
Our targeted approach to grant funding has meant that we have 4 Additional 518ff from our region, 3 of whom are
now part of our pemianent team.
We now have 9 Trustees, includin9 our ChaiT,' our new Tru51ees bringing additional ski115 and experience, induding
strong govemance, marketing and also lived experience.
This yeaT we hosted our first ever Inlernalional Women's Day event which was a re50unding success. We had over
150 attendees and raised circa £5k through ticket sale5 and sponsorship.
SMART WORKS LEEDS
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Flnanelal Revlew
Results for lh• year
Total income for the period was £507.265, made up Substantially from Grants and Individual Dollation5 £317,962
and Corpordte and Diessing Stock Donations £130,493 and totsl expenditure was £321.982 resulting in net incorne
of £185,283. Of thi5, £169,476 was Teceived from the Yorkshire Building Society Charitable Foundation to be spent
in FY 25-26 and is restricied to our Bradlord expansion project. There is 8 103% in¢Te8se in over811 income which
includes unrestricted income of £190,698 and restricted income of £316,567.
Grants and donations provide 88% of our total income and fundraising events 8nd fashion sales raised 12% of our
income.
There has been 8 substantial Èncrease in fvnding received from Granls and Foundation5, Wlth a signjficant amount
1£169kl having been received as part of the Y8S Bradford project, all of which is re81ricted funding.
Also included in the grant Income was ftjnding for 2 brand new roles..
£19,300 from the National Lottery Community Fund, fundiNg a new Service Delwery Coordinator role beginning
J8nuary 2025, induding management lime.
£25,764 trom Beyondly's Fund for Change, funding one year of Outreach A8sSstsnt to work exdusively on North
Yorkshire outreach, including as50riated costs. She began in role Novernber 2024.
As well a5 SUPPOrt for a llew permanent role, Leeds Outreach Asslstant, from NPower Business Solutions
Foundation for their first year.1£17,5001 Ifundlng July- July)
Other notable grants include..
£9,425 from Maximus Local Impact Fund. funding a 6 month Research A551Stanl lo focus on researching the needs
of the Bradford District. The employee in this role is now part of our expansion to Bradford projeot and is funded by
Yorkshire Building Society for a further 3 yettrs.
£9.720 from Bettys and TaOr$ Cornrnunity Fund. funding targeted Leeds outreach a5 well as essen11818spects of
our wardrobe and training.
£10,000 from The Keith Howard Foundation, funding our Leeds job5 fair. as well as essential aspects of our servlce
to indude postage, social media outreach and marketing.
And with thanks to The People's P05tcode Trust for their unrestricted donation of £25.000.
We were privileged to be chosen as the charity Partner for the annual LDC charity qu which raised an impressive
£21k for our charity. Other noteworthy Corporate supporters indude High Speed Training, Re."wsion, Pinsent
Masons and Wealth and Wellbe1ng.
SMART WORKS LEEDS
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Sources of Income
£J17.*1
21QS
t150.0
?W24
f 107,Sfs4
'&9,*2
El00.¢
.667
E57.9É2 /
E%>.OCt)
22.829 É20.al%J
£8d8
EO
Cknthlng
Total expenditure for the period was £321,982 which is a 27% increase from last year. OUT Costs are mainly for
8tsff, prernises and dired client service ¢05ts which together make up 870A of our overall costs.
As mentioned, the siaff cost increase is as a result of employin9 additional staff, using iestricted grant funding. In
addition, an incTe8se in both the living wage and NIC costs have contributed to the uplift.
Expendilure includes an accTual of £20,000 for dilapid8tion costs, due to moving premises after the fin8ncial year
end.
Expendilure
£Mo,I
E160,1
15&070
El40.iXIO
£J20.ts)¢
£ioooJo
k4
t58.955
£w.oco
E36.fX>2
£27.072
124.
E21.09)
Y?.1.864 r17.415
E*).W)
Eo
Stslt
SupyAi
SMART WORKS LEEDS
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Invèstment Policy
The Trustees, having regard lo the liquidity fequirements of operating the Charity and lo the serveS policy, have
operated 8 policy keeping available funds in interest-bearing deposit aGcounts.
Reserves Pollcy
The Trustees have considered the requirement for free reserves. i.e. those unrestricted funds rtot designated for
5pecffic purpose or otherwise committed. It ha5 been determined that, given the nature of the charlty's work, the
level ol free resetves should be equivalent to 3 to 6 rnonths of annual expenditure. Thi5 provides suffiaent flexibllity
to cover any temporary shortfall in income and will allow the ch8rity to cope and respond immediately to a
reasonable range of unforeseen advet5e circurnstan¢es prior to SperiC Ternedial plans being implemented. The
free reserves ol £52,285 meets this qUIrement.
Structure, oo¥ernance and management
Govèmance
Smart Woik5 Leeds and 1$ Trustees are bound by the Memorandum and Artides of
Association. The name of the Tru51ee5 who setved dudng the period are set out Sn the leg81 and administrative
inlormats.on section.
Smart Works Ch8rity is the sole member of Smart Works Leeds. Smart Wotks Leeds h85 been granted a license to
operate by Smart Work5 Charity and il h8S the same objectives and similar activitie5 8S the parent company.
Recrultment and Appolntment of new Trustees
Regular reviews are undertaken lo assess the ski115 of the current Trustee5 and identify any areas for strengthening.
New Trustees 81e appointed by the existing TIu5tees and their appointment Is approved by the Srnart Works Charity
Board.
Inductlon And Tralnlng of new Trustses
New Tiustees are provided with 8n induction to f8miliarise themselves wth the tharily and the not-lor proflt sector.
They are briefed on their re5POn5ibilities by the existing Trustees. New Twstees are also ferred to the Charity
Commission's guide 'The Essential Trustee.. Smart Works Gharity shares a Trustee Welcome Pack with all Sm8rt
Wod(s Trustees when they loin the charity, Setting out roles, responsibilrties and the struclure of Smart Works both
locally and nationally. These resources are available under the dedicated Trustee section of our intemal portal lor
too15 and resources along other useful guides and videos. Trustees also undertake training as part of thelr role,
including on Equity Diversity and Inclusion.
Oryanlsatlonal Strueture and De¢lslon-Making
The Trustees review and approve all policies, and follow a strategy set in the busines5 plan, in line with the wlder
strategy set by Smart Works Charity. Th8 Trustees meet at least quarterly throughout the year and will hav8 an
annual 58ssion to update and revise the strategy.
Management
The day-to-day management of Smart Works Leeds is undertaken by the Centre Managers and overseen by the
Chair and Board of Trustees. Resources. infrastructure and 5UPPOrt is pmvided by Smart Works Charity on finance,
people, partnerships, operatlons ard communications.
Pay Policy for Key Management Personnel
l Trustees give their time freely and no Trustee received remuneiation in the year.
The pay of staff is reviewed annually. The Trustees benchmarf( pay agalnst pay leve15 in other similarfy sized
charities and other Smart Wofks centres.
Rlsk Management
The Tiustees regularfy rewew the major risks to which the charily is exposed, in particular those relating to
governance. operations, finance. HR. cornpllance and extemal factors. The centre maintains a ri8k register that is
reviewed by the board on 8 iegular basis.
SMART WORKS LEEDS
TRUSTEES REPORT IINCLUDING DIRECTORS. REPORT) ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Relatlonshlps *ryth Related Parties
Smart Works Charity is the sole member of Smart Works Leeds
Policies
Polioies for all relevant areas are maintained by Smart Works Charlty, including Safeguarding Vulnerable Adults.
Safeguarding Children, Anti-Bribery 8nd Fraud. Anli-Harassment & Bultying. Cotnpassionale Leave, Complaints.
Conflict of Interest, Data Protection, Disciplinary, Environmental, Equality, Flexible Working, Grievance, Health &
Safety, Lone Working, Maternity, Paternity. P8rental Leave, Privacy, Redundancy, Risk Management, Shared
Parental Leave, Sicknes8 Absen & Capability, Travel & Expenses and Whistleblowing. A Staff H8ndbook is rnade
available to staff and includes a summary ol all these policles.
Volunteers
The Trustees are grateful for the invaluable contribution of those who give their time voluntarily to deler across
roles in dressing, coaching, wardrobe management and administration. We have over 90 active volunteers with
very high retention rate and an ongoing recruitment process to bolster numbers. Our volunteers are one of our
greatest assets. they are all totally deduted and play an enorrnous role in delivering our dr8ssing and coaching
services.
Publlc Benefit
The Trustees have read and complied wMh the guidance contained in the Charity Commission's general guidafice
on publlc benefits whell reviewng OUT aitns and objectives and in planning our future aciivilies. Our achievements
above demonstrate how we have fulfilled this requlrement during the year. In preparing this report, the Trustees
have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.
Future Plans
Dellverlng our Three Y•ar Plan by 202S
On the 1stAp1 2022, Smart Works Leeds began the first year of an ambitious Three Ye8T Plan as part of Ihe Smart
Works Group in response to a 51gnificant increase in need for the service provided in our area. Thi5 plan is now
complete and extensive collsultation h8S SUPPOrted th8 developm9nt of the new three year p18n, vthich will be
launched in 2025, building on the success of our irnp8Ctful model.
The cost-of-living crfsls has had a devastating impact on the women we serve and the expansion of our setvlce ha5
never been mole UTgent. The job market is worsening for the women we Serve, vtho are applying for an average of
38 roles without success. up from 22 in 2022.
The new strategic plan is focused on the following five ambitions..
Stralegic Pflorlty
Aim
Reach rnore women
We asp8 to ensure every vioman who Cld
benefrt from Smart Wowks can access our sérvice.
A Intsled, 'go lo, Sa¢9
We aim to be na.0alty recognised as th81oading
serwce lor unemployed wom8n.
For ovgry woman. at any
stagè
We recognisè that women nee¢J different kn.nds of
support al drfferént poinls in th8ir workn"n9 &es.
Raise Our Voice
e use our vce lo fluence puNic discourse
8nd policy around wornen's unemployment.
strèngthen Our
FOUnda"on$
We will build Ihe infrastructure. cutture, and fun¢Jing
model needed f¢)r sustainable growth, gwounded in
equltable pracbces and continuous tmprovemenl.
SMART WORKS LEEDS
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
To athiewe Ihese aims In our area, we will..
Move lo 8 rnu¢h largar Cenlre with lh8 r2padty ta SkVPOrt up lo S,000 women peryear.
Coniiftue lo develop our outreach around 8radford. whera there is an urgonl ne8d for cwr serylee, d8vek)pir¥J
eommuA5ty workshops to SLSPPOrt Ihose wom6n who ar8 rnueh luvlh8r from the job market.
Alm to double the number of our acl¢va voluDleets to meet th8 increased demand for our service.
Develop our funding mcKlel 10 8UPPOrt sustainable growth.
Equlty, Dlver51ty & lrt¢luglon
In Jun& 2023. Srnart Works launched a new groupwld8 Eqully. Divefsily & Inclusion Strategy. The strat8gy yel$ oul
a framework for how all Smart Worls centres WIU nurture a culture of dfvorsity and in¢lu$ivity. Over the lasi ygar,
Smart Works has delivered irnportar*l inilialives to pmg18ss Ihi5 Wo. This Includes Iraintng for 51aff. Irusteas and
volunieers, damogrsphic data coll8¢1ion across our internal cornrnunity, and the launch of a ¢Ini CharnpK)n
progr8mrno where former clignls becme 8mbassadors for the charity.
We want Smart Work5 10 be a place where everyone feels accepted, valuÈd And abLg 10 Ihrive - whelh8r they Ére
staff. volunle6r5. trustfres. partners, supportots, or cur ¢lienls. Srn8rt wo9 Legds is cornmilted on impS#menling
Ihis strategy lorally and uealg a rrn)fe inGlusive and equitable fulure lor every mamber of th• Smart Works
mmunity.
rhe Twsl
s report was approv&d by Iha 8oaid of TrLLgle6S.
8lcher
Arnaada Clarke
TrtJJlee
Trust
Da*.. .......
SMART WORKS LEEDS
STATEMENT OF TRUSTEES RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees, who are a150 the directOTS ol Smart Works Leeds for the purpose ol cornparsy law, are responsible foT
preparing the Trustees Report and the financial statements in accordance with applicable law 8nd United lQngdom
Accounting Standard8 Iunited Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to PTepare financial 5tatement5 for each finanaal year vthich give a true and fair
view of the $18le ol affairs of the Charity and ol the incoming resources and application ol resource5, including the
income and expenditure. of the charitable company for that year.
In Preparing these ffinancial statements, the Trustees are requlred to..
select suitable accounting polieS and then apply them rx)n519tentty',
observe Ihe methods and principles in the Charities SORP.,
ake judgements and estirnates that are reasonable and prudent..
stale whether applicable UK Accounting Standards have been followed, subject to any material departures
disclosed and explained in the financial statements, and
prepare the financial slatements on the going concem basis unle35 It Is inappropriate to presume that the Charity
will continue in operation.
The Trustees are responsible for keeplng adequate accounting records that disdose wth reasonable accur8cy at
any lime the financial position of the Charity and enable thern to ensure that the finanaal statements cornply with
the Companies Act 2006. They are olso responsible for safeguarding the assets of the Charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
SMART WORKS LEEDS
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF SMART WORKS LEEDS
I report to the Trustees on my examination of the financial statements of Smart Works Leeds Ith8 Charity) for the
year ended 31 March 2025.
ReBponslbllltles and basis of report
As the Trustees of the Charity land also its directors lor the purposes of company lawl, you are responsible for the
preparatioTh of the finanrial statements in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the fiNancial staternen15 of the Chaiity are not required to be audited under Part 16 of
the Companies Act 2006 and are eligible for ind8pendent examination, l Teport in respect of my exarninatlon of the
Charity's financial statements carried out under section 145 of the Charities Act 2011. In carying out my
examination I have followed the Directions gThfen by the Charity Comrnission under section 14515llbl of the Charities
Act2011.
Indap•ndent examIn•S statement
Since the Charity's gros5 income exceeded £250.000. the independent examiner must be a member of a body
listed in Section 145 01 the Charities Act 2011. 1 confirm thal l arn qualified to undertake the examination because I
am 8 member of ICAEW, which is one of the listed bodies.
I have completed my examinatSon. I confirm that no matters have come to my attention in connecticm with the
examination giving me cause to believe Ih8t in any rnalerial respect..
accounting records We not kept in respect of the Ch8r4ty as required by sectK)n 386 of the Companies Act
2006.
the financial Statements do not accord with those COrdS., or
the financial statements do not comply with the accounting requi18ments of section 396 of the Companies Act
2006 other than any requirement that the financial statements give a true and fair view, whlch is not a matier
considered as part of an independent examin8tion', or
the financial statements have not been prepared in accordance wth the tnethods and principle5 of the
Statement ol Recofnmended Pradice for accounts.ng and reporting by charities 8ppllcBble to charities
preparing their financial statements in accordance with the Flnancial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021.
I have no ¢oncem5 and have come across llo other matlers in connection wth the exarnination to which attentlon
should be dT8wn in this report in order to enable a proper understanding of the ffinan¢lal statements to be reached.
Gary Pready F
Gravlta Audit Oxlord LLP
First Floor, Park Central
4041 Park End Street
Oxford
OX1 1JD
D8te'.
SMART WORKS LEEDS
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestrfcted Re¥trleted
funds
funds
2025
2025
Total Unrostrlcted Restricted
funds
funds
2024
2024
Totsl
2025
2024
Nates
Income from..
Donations and legacAe8
other trading activftles
Investments
131,888
57,982
848
316.567
448,455
57,962
848
72,142
63,867
113,465
185,607
63,667
Total income
190,698
316,567
507,285
135,809
113,465
249,274
Expenditure on..
Raising funds
Charitsble actimties
21.864
198.373
21,864
300.118
17,415
120.444
17.415
236.847
101.745
116,403
Total expendlture
220,237
101,745
321.982
137.859
116,403
254,262
Net Incomellexpendlturel and
movement in funds
129,5391
214,822
185,283
12,0501
12,9381
14,988}
Reconciliatlon of funds..
Fund balances at 1 April 2024
81,824
18.078
99,902
83,874
21,016
104,890
Fund balan¢g¥ at 31 March
2025
52,285
232,900
285,185
81,824
18,07B
99,902
The statement of financial activities indudes all gains and losses recognised In the year. Al income and expenditure
derNe from conlnuing activille$.
10
SMART WORKS LEEDS
BALANCE SHEET
ASAf31 MARCH 2025
2025
2024
Note5
rangle 8ssets
12
1.070
4,549
Current as#ets
S¢ocks
Oeblors
Cash ai bank and In hand
13
14
12,156
18,486
286,428
16,447
19.762
66,575
317,068
102,784
Credittsr5: amounts falting due wlthln
one year
15
112.9531
17.4311
Net current asyet
304,115
95.353
Total assets 1&88 current liablliti
305,185
99.9Q2
Provision for other liabllilles
16
120.0001
Net a$sgts
2e5.185
99.2
Tho funds of Ihe Charlty
Reslrlcled income funds
Unr8slfiCtéd fvnds
10
19
232.SlJO
52,285
18.078
81,824
285.185
99.902
The company is enliiled lo Ihe exèmption frorn the audit requirgmenl cOntaDed section 477 of Ihfy CotllP8ni8s Act
2006. for the year ended 31 Marrh 2025.
Th8 dire¢tors ackned08 Ihelr foSP0Tr81billlies for Mplying wsth Itt8 rerluirements of Ihe Companies A¢1 2006
wtth spe to acc(oJnUng records and thè pffjp8raln ol Ilnanclal slalaments.
Tho m8mbers have not required th6 company lo obtaln an audit of lis finandal statements lor the year In quesyon in
accordance wllh seGUon 476.
The$0 financlol $taternents have been prèpared In xcorijanca wllh Ihe prov15ions appllc8ble to WrnP8nie5 $ubiect
to th8 small ¢ompanle$ reg•rne.
Thg fina
cial 51alemenls wers approved by the Trusiees on.-... .
Flalcher
Truslee
Amand
Twstee
larke
Company registration number 12059540 IEnglaThJ and Wale81
SMART WORKS LEEDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounllng pollcles
Charlty Infomiatlo
Smart Work5 Leeds is 8 private cornpany limiled by guarantee Incorporated In England and Wales. The
registered office is Mabgate Mills Mill 5. Flrst Floor, Mabgate, Leeds, Yorkshire. LS9 7DZ, United Kingdom.
1.1 Accountlng convertrtion
The financial statements have been prepared in accordance with the Charity's governing document, the
Companies Act 2006, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland. ('FRS 102,1 and the Charities SORP 'Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financi81
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" (effective 1 January 20191. The
Charty is a Public Benefit Entity as defined by FRS 102.
The Charity has taken advantage of the provisions in the SQRP for ch8rfties not lo prepare a Ststement of
Cash Flows.
The financial ststernents are prepared in sterfing, is the lunclional currency of the Charity. Monetary
amounts in these financial statements are rounded to the neare51 £.
The nAnCIal statements have been prepared under the historical cost convention. The principal accounting
polides adopted are set out below.
1.2 Golng conc¥rn
At the time ol approving the finanual statements, the Trustees have a reasonable expectalion that the Charity
has adequate resources to continue in operational exi5teNce for the foreseeable future. Thu5 the Trustees
continue to adopl the going concem basis ol accounting in preparing the financial stalemellts.
1.3 Charltable fund$
Unrestricted funds are available ft)r use al Ihe discretion ol the Trustees in furtheran of their charitable
objedives.
Restricted fijnds are svbject lo speufic condrtions by donors or grantors 85 to how Ihey may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial staternents.
1.4 Income
Income is COgnised when th8 Charity is legally enlilled to il after gny performano conditions have been
met, the amounts can be measured reliabty, and it is PTobable that income wll be received.
Cash donaiions 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. Income tax recoverable in
relation to donalions received under Grft Aid or deeds of covenanl Is recognised at the time of the donation.
Legacies are recognised on receipt or othemse rf the Charity has been notified of an Impending distribulK)n,
the amount is known, and receipt is eKpected. If the amount Is not known. the legacy is treated as
contingent asset.
Donated stock for dressing clients Is recognised in the financial statements when the goods are received by
the charity and their value can be meaSud with reasonable accuracy. The value placed cn these resources
is their value lo the charity. The trLJStees consider it impiactical to measure the value of volunteer help and
consequently, as permitted by the SORP, their value 15 not recogni5ed in the financial statements bul is
described in the trustees. allnual report.
12-
SMART WORKS LEEDS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles
(Continued)
l.S Expenditure
Expendrture is recognis8d once there is a legal OT constructive obligation to transfer economlc benefit to a
third pariy, It is probable that a transfer ol econornic benefils will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is classified by aetniity. The costs of each actlvty are made up of the totsl of dirert eosts and
shared costs, induding support costs involved in undertaking each adivity. Direct costs attributable to a single
activity are allocated directly to that actlvity. Shared costs which contribute lo more than one acts'vity and
support costs whith are not attributsble to a single activity are apportioned between those 8Gtivities on a basis
consistent with the use of resources.
1.6 Tanglble flxed aBsets
Tangible fixed assets are initially measured at cost 8nd subsequentty measured 8t cost or valuation. nel of
depreciation and any impairment Ios5e5.
Depreciation is recognised 50 as to write off the cost OT valuation of a5$ets less theif residual values over their
useful live5 on the followng bases.
Compuler Equipment
30Qk on the straight lin8 basis
The gain or105s arising on the disposal of an asset is detemiined as the difference between the sale proceed5
and the carrying value of the asset, and is recogni5ed in the statement of financial activities.
1.7 Impalrment of fixed assets
At each reporting end date, the Charity reviews the carrying amounts of its tangible 855ets to determine
whether there 15 8ny indication that those a55ets have suffered an impaimient loss. If any such Indicabon
gxlsts, the reooverable amount of the asset 15 estimated In order to determine the extent of the impairment
loss lil any).
1.8 stocks
The c05t of donated dressing stock for distribution to beneficiaries is valued at fair value, which has been
estimated by the trustees.
1.9 Cash and cash equlvalents
Cash and cash equivalents include ush in hand, deposits held at call with banks, other short-term liquid
investments with origlnal maturities ol three months or less. and bank ov8rdr8fts. Bank overdraft8 are shown
withiN borrowings in current liabilities.
1.10 Provlslon8
Provisions are recognised vA)en the Charity has 8 legal or constructive pres9nt obligalion as a result of a past
event, it is probable that the Charity will be required lo settle that obligation and a reliable estim*e can be
m8de of the amount of the obligation.
The amount recognised as a provision is the best eS'Mate of the conslderation required to s8ttle the present
obligation at the reporting end date. taking into account the risk5 and uncertainties surrounding the obligation.
here the effect of the time value of money is Tnaterial, the amount expected to be required to settle the
obligation is recognised at present value. Vvhen a provision Is measured at present value, the unwinding of
the discount 15 recognised as a finance cost in net incomellexpendilurel in the perlod in which it 8rises.
1.11 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which 11)e employee's seNces are
received.
13
SMART WORKS LEEDS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Aecounling polleles
Icontlnuedl
1.12 Retirement beneflts
Payments to defined contribution retirement beneff( schemes are charged as an expense as they fall due.
Critical aeeountlng 8Stlmates and Judgements
In the application of the Charity's accounting policie5, the Trustees are required to make judgements,
estimates and assumptions about the carrying amount of assets and Ilabilities that are not Teadily app8nt
from other Sour$. The estimates and a5souated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may diffei from these estimaies.
The estimates and undertying assumptions are reviewed on an ongolng basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision 8ffects only that
period, or in the period of the revision and future periods where the revision affects both rAJrrent and future
periods. The trustees consider depreciation to be the main ac¢ounling estimate.
The trustees consider depreriation to be a snthcant estimate in the accounts.
DonatlonB
Unrestrlct8d Restricted
funds
fund¥
Total
Unrèstrlcted R•strlcted
funds
funds
Total
2026
2025
2025
2024
2024
2024
Corporate donations
Dressing stock donations
Grants and individual
donations
59.403
59,403
22,829
26,142
63,820 89,962
20,303 20,303
22,829
72,485
293,738
366,223
46,000
29,342 7S,342
131,888
316,567
448,455
72,142
113.465 185.607
Income from othertradlng activitles
Unrestrlcted Unrestricted
funds
funds
2025
2024
other inspire events
Fundr8i5ing events
step Up for Smart Works
Cycle for Smart Work5
27,467
20,856
9,639
37,089
26,578
other trading activities
57.*2
63,667
14-
SMART WORKS LEEDS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from Invostments
Unrestrlcted Unrestrictad
funds
funds
2025
2024
Interest receivable
Expenditure on rai5in9 funds
Unre5tr1cted Unrestrlcted
funds
funds
2025
2024
FundraSslng and publlclty
Stsging fundr8lsSng events
FundTaising and Marketing
6.858
15,006
5,776
11,639
Fundraising and publiuty
21.864
17.415
21.864
17,415
15-
SMART WORKS LEEDS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Expenditure on charitable actlviti
2025
2024
staff costs
Staff related direct expenditure
Premises related direct expenditure
(Xher direci expenditure
Administrative expenditure
staff training
Dilapidations
181,040
5,919
38.955
27,120
14,854
12
20,000
152,375
2,221
36,002
21,090
17,613
474
287,900
229,775
Share of support costslsee note 81
Share of governance costs (see note 81
11,403
815
8,139
933
300,118
236,847
Analysis by fund
Unrestricted funds
Restricted funds
198,373
101,745
120,444
116.403
300,118
236,847
Support ¢osts allocated to actlvltlety
2025
2024
staff related support costs
Premises related support costs
Administrative expenditure
Governance costs
2,262
4,548
4,593
815
1,139
2,877
2,123
933
12.218
7,072
Analysed between..
Ch8ri18ble aclivities
12,218
7,072
Govemonee costs indudes payrnents to the indeperdenl examiners of £700 + VAT 12024.. £6501 for
independent examination fees.
The fee foi the accounts preparation of £1,700 + VAT due to the independent examiners is being paid for by
ihe parent charity.
16-
SMART WORKS LEEDS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
Trustees
None of the Trustees loi any persons connected with theml reived any remuneration or benefrts from the
Charity during the ye8r12024'. Nill.
10 Employe
The average monthty number of employees during the year was..
202S
Number
2024
Number
Employment Costs
2025
2024
Wages and salaries
Social securty costs
Othei pension costs
164,679
12,973
3,388
138,809
10,748
2,818
181,040
152,375
There were llo employees whose annual remuneration was more than £60,000.
Remuneratlon of key management per50rtnel
The remuneration of key management pef50nnel was as follows..
2025
2024
Aggregate compensation
53,051
42.904
Under the tsrrns of the chaTlieS SORP. the trustees and the Centre Managers are recognised as key
management personnel. The aggreg8te employee benefits lincluding employer pension and National
Insurance contributions) received by the key management personnel are shown above.
11 Taxatlan
The charity 18 exempt from lax on income and gains falling vAthin section 505 of the T8xes Act 1988 or section
252 01 the Taxats"on of Chargeable Gains Act 1992 to the extent that these are applied to its charitable object5.
17-
SMART WORKS LEEDS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
12 Tanglble flx•d ass¢t5
Computer
Equlpment
Cost
At 1 April 2024
19,005
At 31 Marc* 2025
19,005
Depreciation and impalm)ent
At 1 April 2024
Depreciation charged in the year
14.456
3.479
At 31 March 2025
17,935
Carrylng amount
At 31 March 2025
1,070
At 31 Mafch 2024
4,549
13 Stocks
2025
2024
Dressing Stock
12,156
16,447
14 Debtors
2025
2024
Amounts falllng dve withln one year:
Other debtors
Prepayments and accrued Income
5,587
12,919
5.206
14,556
18,486
19,762
15 Creditors.. amounts folllng due withln one year
2025
2024
Other taxation and Social security
Trade creditors
other creditors
Acctu81s and deferr8d income
4,063
4,199
4,266
425
935
908
4,267
1,321
12,953
7,431
18-
SMART WORKS LEEDS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
18 ProvlsSons for Ilabllities
2025
2024
Building di18pidations
20,000
Movements on provlslons=
Building
di18pidatlons
Additional provisions in the year
20,000
Included within other provisionB is £20,000 iow8rd5 the cost of restoring the bullding.
17 Retlrement benaflt scheme8
2025
2024
Deflned controbutlon B¢h8m•s
Charge to profit or1088 in respect of defined contribution schemes
3,388
2.818
The Charity operates 8 de*ned contribLJtion pension scheme for all qualifying employees. The assets of the
scheme are held Separately from those of the Chaity in an independentty adminlstered furd.
19
00)
(y (n UJ
roo
r•oc
oNoo
000
ON¢DCDOO
rfknOOOO
00r*0C
(y
f£• rri ¢D * * ¢D
o00ft)N0
OJ O V) ¢0
i¢D rri <0 * T*
O >>uJLL W o
Q)LOUU£ O
Q) W Z5 T> 7J
rf)
SMART WORKS LEEDS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
19 Unrestrletsd fundB
The unrestricted ftjnds ol the chanty comprise the unexpended balances of donations and grants which are
not subject to specific condition5 by donors and srantors as lo how they may be used. These include
designated funds which have been Set aside out of unrestrlcted funds by the trustees for specific purposes.
Ineomlng
resources
Resources At 31 March
expended
2025
2024
General funds
81,824
190,698
1220,2371
52,285
Previous year:
At 1 Aprll
2023
Ineomlng
resources
Resources At 31 March
expended
2024
General funds
83,874
135,809
1137.8591
81,824
20 Analysls of net assets between lunds
UnrestTlCt*d Restrlcted
funds
funds
2025
2025
Total Unrestrlcted Restricted
funds
fund5
2024
2024
Totsl
2025
2024
Fund balances at 31
M8rch 2025 are
represented by..
Tangible assets
Current assets
Provisions
1,070
71,215
120,0001
1,070
304,115
120.0001
3,451
78.373
1,098
16,980
4,549
95,353
232.900
52,285
232,900
285.185
81,824
18.078
99.902
21 Members. Lloblllty
The oompany Is limited by guarantee. The member of the company undertakes lo contribute to the assets of
the company, in the 8vent if the same being wound up while they 8Te a member, or within on8 year after they
cease to be a member, for payment of the debts 8nd liabilities of the company contracted before they ceaseil
to be a member, and ol the cost5, charges and expenses of winding up such amount as may be required not
exceeding £1. At the balance sheet date there was 1 member. Smart Works Charity.
23-
SMART WORKS LEEDS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
22 Oper8ting lease commitments
Lessee
At the reporting end d8t8 the Charity had outstanding commitments for future minimum lease payments under
non-c8ncellable oper3ting leases, which fall due as follows..
2025
2024
Wthin one year
Befven Iwo and ffive ye8lS
9,125
18,250
9,125
9.125
27,375
op8rats.ng lease payments in the ye8r were £25.31012024'. £25,529).
23 Rèlated party transactions
During the year Smart Works Charity m8de net payments of £41.58212024.' £26,675) to Smart Works Leeds.
On8 trustee donated £249 to Smart Works Leeds12024'. £8001, and one trustee's other directorship bought 8
table for the ch8rity's corporate ball for £80012024." £7201.
Total expenditure reimbur5emÈnts to trustees were £nil12024". £nill.
24 Control
The parent of the largest group in which these fillanaal statements are consolidated is Sfflart Works Charity
(Company number 03870671 8nd Charity Nurnber 10806091 who is the sole member of this charity. Smart
Works Charity has the same piincipal activity as this charity.
The address for Smart Works Charity 15.. Unit 1, Canonbury Yard 202-208 New Noth Road, Islington, London,
England, N17BJ.
-24-
## **SMART WORKS LEEDS**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF SMART WORKS LEEDS**
I report to the Trustees on my examination of the financial statements of Smart Works Leeds (the Charity) for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the Trustees of the Charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
## **Independent examiner's statement**
Since the Charity’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the Charity as required by section 386 of the Companies Act 2006.
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or
- 4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 financial statements to be reached.
## **Gravita Audit Oxford LLP**
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