THE AWEN PROJECT Trustees Annual Report and Financial Statements Year ended 31 August 2024
“We continue to thrive - despite the challenges. Our families are better for having Awen in our lives - there is no doubt about that.”
(Awen parent)
••
Year ended 31 August 2024
The Awen Project Annual report and fi nancial statements
## **Contents**
|Welcome|4|
|---|---|
|Trustees’ annual report|5|
|Objectives|5|
|Activities|5|
|Achievements and performance|6|
|Organisational achievements|8|
|Impact Report 2024|7|
|Goals for 2024/25|7|
|Financial review|8|
|Structure, governance and management|8|
|Legal and adminitstrative information|10|
|Statement of Board of Trustees’ responsibilities|10|
|Independent examiner’s report|12|
|Statement of f nancial activities|13|
|Balance sheet|14|
|Notes to the f nancial statements|15|
Charity number 1186305
3
The Awen Project Annual report and fi nancial statements
Year ended 31 August 2024
## **Welcome**
Welcome to our annual report for 2023/2024 - another year of rich learning and growing as a Tribe.
And another year of unbelievable pride, joy and wonder at our amazing children, amazing families and amazing educators who have achieved so much.
A lot of this year has still found us searching for a permanent home - and still a challenge - but one thing we have found through this adversity is that there are many people and supporters out there who want to help and get involved! This has been immeasurably encouraging and a real positive thread through something which we thought might bring us to a halt!
We have also had some brilliant events this year too - and some more funding from organisations that are starting to believe in our vision and values too - so we feel like the need for what we do is getting some of the attention that it deserves. This will make such a valuable difference to us operationally but also it will help to open out or networks and bring awareness to more people - which will help us in this long journey
As we always have been, we remain resolutely focused on our mission - which is simply to facilitate deeply meaningful, relevant and creative education to be offered democratically to the children and families who mainstream education does not work for. I’ve told you before - there are a lot!
I want to take a moment to thank everyone who has been a part of Awen this year, we have seen a lot of new faces in new families, but also new volunteers, and new facilitators and experts who have come to spend some time with us and the children. We have also made new partnerships and been on the road at festivals - and so we have spent a lot of time moving and shaking!
And I want to make a moment to thank everyone who has supported us this year - whether its coming to an event, donating their money or who continue to believe in what we do - it really has helped spur us on and continue to offer something that is so needed.
Love
## Charlotte Church
## **FOUNDER AND CHAIR OF TRUSTEES**
## **THE AWEN PROJECT**
Charity number 1186305
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Year ended 31 August 2024
The Awen Project Annual report and fi nancial statements
## **Trustees’ annual report**
The Board of Trustees, submit their annual report and the fi nancial statements of The Awen Project for the year ended 31 August 2024.
The Board of Trustees confi rms that the annual report and fi nancial statements of the Charity comply with current statutory requirements, including the Charity Act 2011, as well as the requirements of the Charity’s governing document and the provisions of the ‘Charities SORP (FRS 102) - 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 (FRS 102) second edition (effective 1 January 2019)’, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
## Objectives
The Awen Project is a Charitable Incorporated Organisation (CIO), registered with the Charity Commission for England and Wales (Charity number: 1186305).
The objects of The Awen Project are to advance education for the public benefi t by the establishment of, or assisting in the establishment of, schools that are governed by participatory democracy.
Our aim is to pioneer a new model for education that is democratic, free-to-attend, and human-centred. We empower young people as participants within a learning community by providing conditions supportive of learning (rather than teaching) and supporting families to facilitate their children’s education.
The Trustees have referred to the Charity Commission’s guidance on public benefi t when reviewing the Charity’s objectives and activities.
## Activities
The Awen Project is pioneering a human-centred model for education where children are valued as people in their own right who are allowed to be themselves as active participants in a community. We support them to become healthy, informed, and responsible members of a global society. Today we are running a learning community based in Dinas Powys, South Wales, developing our expertise and approach in partnership with leading experts in education and human development. We plan to extend our impact on the education system through building our home community and welcoming more students and families, piloting our Awen Lite programme that welcomes mainstream educated children and is a potential revenue stream to support the project, and offering training to teachers and education practitioners.
Our vision is to co-create a network of learning communities throughout the world where every human is valued. An Awen education empowers at all levels by training and supporting parents and carers to be present in their children’s education, bringing meaning and purpose to everyone in the community. Our team of creative facilitators are developing a relationship-based pedagogy that will form the basis of a new model for education – to replicate around the world, not for our profi t but for the profi t of future generations.
Over the last year major progress was made in the following areas:
- Received important funding from a variety of organisations and donors
- Curated and delivered several large scale fundraising events and activities
- Continued to look for land
- Made excellent partnerships and widened our network
Charity number 1186305
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The Awen Project Annual report and fi nancial statements
Year ended 31 August 2024
Achievements and performance
## **Our learning:**
This year, we immersed ourselves in a wide range of enriching activities and educational pursuits:
- Creating an RPG set during the Roman invasion of South Wales.
- Reading and discussing The Dispossessed by Ursula K. Le Guin and Romeo and Juliet by William Shakespeare.
- Song writing and map drawing.
-
- Exploring poets and storytelling traditions.
- Studying art history, from the Baroque era to the 20th century.
- Engaging in sustainable Christmas crafting and scavenging for materials.
- Delving into A Christmas Carol by Charles Dickens.
- Establishing our own theatre production company, which included preparations for a public performance.
- Investigating the history of theatre worldwide and gender roles on stage.
- Mastering scripting, directing, acting, promoting, and organising theatrical events, alongside theatre design and
- more.
## **Some incredible events:**
- Performed our play The Letter Killers Club over a three-night run.
- Took the production on the road to festivals, including a performance at Big Love Festival in Monmouthshire.
- Hosted Christmas busking sessions.
- Delivered a presentation at the annual HSE Conference in Bicester.
- Strengthened our partnerships and networks to further our mission.
## **Being in nature:**
This year, we focused on developing temporary homes and continued our search for a permanent space. Along the way, we met some incredible people who inspired and supported us on this journey.
## **Our funders:**
We are deeply grateful for the generous support of our funders, including:
- The National Lottery Community Fund
- WCVA
- CWVS
- Norton Rose
- The Vale of Glamorgan
Charity number 1186305
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Year ended 31 August 2024
The Awen Project Annual report and fi nancial statements
## **Our community work:**
We continue to be as involved in our community as we can and have welcomed new parents and guardians to our woodland home to fi nd out more about Awen. This gives us a chance to meet new people and make new connections. We also visit the local community clubs and the local library to develop those relationships.
## **Awen families:**
This year, we celebrated the arrival of four new families to our Tribe. It has been heart-warming to see everyone integrate so seamlessly and build such strong connections.
## **Strategic:**
We welcomed a new educator, Valentine Gigandet, to our Tribe. Valentine has brought her creativity and a touch of French fl air to our community. Welcome, Valentine!
And we also welcomed our new Volunteer Coordinator - Marie, who is also an Awen mama! We are excited to see how many new faces Marie will bring into the Tribe!
## Impact Report 2024
Since joining Awen we have seen some amazing improvements in learning and well-being.
Our work has had a meaningful impact this year:
**77%** of families reported feeling **secure about their child’s education**
**84%** of children reported feeling more **confi dent in using new skills for the future**
**73%** of children participated in **activities they are now eager to pursue further**
“This year, we have been so proud of the whole Tribe in how we have still managed to do so much despite not having a permanent home. It feels like we are all operating as one. And we all reap the benefi ts of that.”
## Goals for 2024/25
We still have to fi nd a new home - and so that will be our absolute priority moving forward - but we are also focused on building partnerships - which we believe is the key to making wide reaching change in the sector.
## Fundraising
We saw an excellent increase in support from grant donors which means our work is being recognised amongst different organisations.
Our target is still to raise £120k – £150k to cover core operating costs for the next two years. In this time, we will establish a set of income streams and develop a regular-giving base. We believe that philanthropic / major donors will offer the best chances of success and enable us to develop a network of partners who support our vision of a new, more human form of education.
We will continue with ideas for Wild Journeys - still focusing our partnerships on referral agencies like Youth Service and other learning clubs where there may be budgets to support the young people but also increasing our scope to a social enterprise and other community activities.
We will continue to improve fundraising infrastructure, in particular the Awen Project’s website, mailing list, and social media. Using these tools effectively will enable us to make the most of engagement with like-minded families and supporters to grow our community and raise funds.
Charity number 1186305
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The Awen Project Annual report and fi nancial statements Educational practices
Year ended 31 August 2024
- We will continue to evolve in our refl ective practices and working to establish best practice.
- We will make partnerships and allies in the progressive education network following from a positive conference
- visit this year - and continue to integrate ourselves in the growing sector.
- Continue to fi nd ways to monitor and evaluate the learning journey.
- Continue to fi nd ways to integrate progressive learning outcomes in mainstream society post Awen.
## Looking outwards
• Bring together like-minded parents and educators and support them to establish an Awen (or Awen-inspired) setting in their local community. Through collaborating with others, we will necessarily take a critical look at our own ways of being and doing at the same time as nurturing a new educational setting.
• Talk about our work, our approach, and why this is an important (and under-valued) educational discussion. Collaborate with other Learning Communities to critique and support each other and develop practices across our wider community.
## Financial review
During the current fi nancial year, the charity achieved a defi cit of £7,058 (2023: defi cit of £9,873), decreasing total reserves at year end to £2,339 (2023: £9,397). Income for the year was £53,370 (2023: £63,850) and expenditure was £60,428 (2023: £73,723).
Of the reserves held at year end £2,339 (2023: reserves of £9,397) were unrestricted in nature.
## Reserves policy
The trustees are currently in the process of putting together a formal reserves policy, however the current reserves of £2,339 (2023: £9,397) are deemed suffi cient for the stage at which the Charity currently is and the current fi nancial obligations of the organisation.
## Structure, governance and management
## Governing document
The Charity was registered on 12 November 2019 as a charitable incorporated organisation (CIO) governed by its constitution and whose only voting members are the Trustees.
## Recruitment and appointment of Trustees
Trustees are elected onto the Board through nomination by the current Trustee Board. New Trustees are provided with an induction by the current members.
Under the governing document, the number of Trustees shall not be less than three with no maximum number. A quorum is formed when one half of the Trustees are present or three, whichever is the greater number. All decisions are made by the Trustees.
## Risk management
The trustees review, on an annual basis, the major risks which the charity faces to ensure that it has suffi cient resources in the event of adverse conditions. The trustees have examined the operational and business risks which the charity faces and confi rm that they are satisfi ed that systems and controls are established over key fi nancial systems to mitigate any signifi cant risks.
The main risks facing the Charity are as follows:
Education Outcomes, Legislation, and Compliance
Working with young people is a privilege that comes with signifi cant responsibility. In promoting an alternative approach to mainstream education, we must not assume that because we have positive intent that this will automatically yield
Charity number 1186305
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Year ended 31 August 2024
The Awen Project Annual report and fi nancial statements
positive results for the young people in our care.
To ensure the well-being and development of our young people:
• We work with experts to inform our approach and ensure we are guided by research and the experience of more established democratic schools;
• Students participate in weekly coaching sessions to discuss their aims, progress, and any challenges they may currently be facing;
• Students complete regular self-assessments to understand how they are developing across a range of holistic measures (a broader set of measures than mainstream schools, that includes academic outcomes);
• We engage our parents / carers as partners in their children’s education, which necessitates far better, deeper, and more frequent dialogue than would be normal for a mainstream setting;
• Most importantly, we listen to our young people; they are in charge of their own learning, with choice and real power over what they do and how their community is run.
There are many laws and regulations that govern the education and care of young people. We currently operate as a learning community of Elective Home Educated children and our provision is for fewer than 17 hours per week / 50% of a standard school week.
## Financial sustainability
We are a young organisation and have not yet established reliable income sources with which to sustain ourselves over the longer term. To address this we are engaging with potential donors to provide further funding, with support from experienced fundraisers. Covid-19 has materially affected trusts and foundations resulting in a more challenging funding environment, especially for less well established charities like us.
There are opportunities for us to create reliable income streams by expanding our offering to include mainstream educated children and teachers, and we plan to launch pilot programmes over the next 12 months to test the market.
## Health and safety
As our community is based primarily in the forest, there are many risks we need to be aware of and these change over time, for example trees may fall down after a storm and high winds make the site unsafe. In addition to basic safety checks and policies, our students perform regular site audits. We have appropriate insurance in place for an education setting, including public liability insurance.
Charity number 1186305
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The Awen Project Annual report and fi nancial statements
Year ended 31 August 2024
Legal and administrative information
Charity name
The Awen Project
Charity registration no. Company registration no. 1186305 CE019562
Registered offi ce
The Spinney Twyncyn Dinas Powys CF64 4AS
Trustees
Charlotte Church Chair Sean Bellamy John Farrell Stella Smith
Independent examiner
Enaid Accountancy Ltd Units 24 & 25 Goodsheds Container Village Hood Road Barry CF62 5QU
## Statement of Board of Trustees’ responsibilities
The Trustees are responsible for preparing the Trustees’ Annual Report and the fi nancial statements in accordance with applicable law and regulations.
Charity law requires the Trustees to prepare fi nancial statements for each fi nancial year. Under that law they are required to prepare the fi nancial statements in accordance with UK Accounting Standards and applicable law (UK Generally Accepted Accounting Practice), including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Under charity law the Trustees must not approve the fi nancial statements unless they are satisfi ed that they give a ‘true and fair’ view of the state of affairs of the Charity and of the excess of income over expenditure for that period. In preparing these fi nancial statements, the Trustees are required to:
• select suitable accounting policies and then apply them consistently;
• make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures
- disclosed and explained in the fi nancial statements; and,
- prepare the fi nancial statements on the going concern basis unless it is inappropriate to presume that the
- Charity will continue its activities.
The Trustees are responsible for keeping adequate accounting records that are suffi cient to show and explain the Charity’s transactions and disclose with reasonable accuracy at any time the fi nancial position of the Charity and enable them to ensure that the fi nancial statements comply with the Charities Act 2011. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the Charity and to prevent and detect fraud and other irregularities.
The Trustees are responsible for the maintenance and integrity of the corporate and fi nancial information included on the Charity’s website.
Charity number 1186305
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Year ended 31 August 2024
The Awen Project Annual report and fi nancial statements
Legislation in the UK governing the preparation and dissemination of fi nancial statements may differ from legislation in other jurisdictions. In addition, the Trustees confi rm that they are happy that the content of the Annual Review in pages 5-11 meet the requirements of the Trustees’ Annual Report under charity law.
They also confi rm that the fi nancial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the Charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014.
This report was approved and authorised for issue by the Board of Trustees on xx June 2025 and signed on its behalf by:
## **CHARLOTTE CHURCH**
## **FOUNDER AND CHAIR OF TRUSTEES**
Charity number 1186305
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The Awen Project Annual report and fi nancial statements
Year ended 31 August 2024
## **Independent examiner’s report**
I report to the trustees on my examination of the accounts of The Awen Project (charity number 1186305) for the year ended 31 August 2024 set out on pages 13 to 22.
## Respective responsibilities of trustees and examiner
The CIO’s trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Charities Act). The CIO’s trustees consider that an audit is not required for this year under section 144 of the Charities Act and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section
- 145(5)(b) of the Charities Act; and,
- to state whether particular matters have come to my attention.
This report, including my statement, has been prepared for and only for the CIO’s trustees as a body. My work has been undertaken so that I might state to the CIO’s trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the CIO and the CIO’s trustees as a body for my examination work, for this report, or for the statements I have made.
Basis of independent examiner’s statement
My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the CIO and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
## Independent examiner’s statement
I have completed my examination. I confi rm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- accounting records were not kept in respect of the CIO as required by section 130 of the Act; or
- the accounts do not accord with those records; or
• the accounts do 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 this report in order to enable a proper understanding of the accounts to be reached.
## **ANDREW PHILIP NASH FCA**
## **MEMBER OF THE INSTITUTE OF CHARTERED ACCOUNTANTS IN ENGLAND AND WALES � 2461833**
**DATED: XX JUNE 2025**
Enaid Accountancy Ltd Units 24 & 25 Goodsheds Container Village Hood Road Barry CF62 5QU
Charity number 1186305
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Year ended 31 August 2024
The Awen Project Annual report and fi nancial statements
##
For the year ended 31 August 2024
|Notes
Income from:
Donations and legacies
3
Other trading activites
4
Total income
Expenditure on:
Raising funds
5
Charitable activities
5
Total expenditure
Net income/(expenditure)
Reconciliation of funds:
Balance brought forward
9 & 10
Balance carried forward
9 & 10|Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
Year ended
Year ended
Year ended
Year ended
31 Aug 2024
31 Aug 2024
31 Aug 2024
31 Aug 2023
£
£
£
£
49,281
-
49,281
52,004
4,089
-
4,089
11,846
53,370
-
53,370
63,850
-
-
-
3,270
60,428
-
60,428
70,453
60,428
-
60,428
73,723
(7,058)
-
(7,058)
(9,873)
9,397
-
9,397
19,270
2,339
-
2,339
9,397|
|---|---|
The notes on pages 15 to 22 form part of the fi nancial statements.
All the above results arise from continuing activities.
There were no other recognised gains or losses other than those stated above.
Charity number 1186305
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The Awen Project Annual report and fi nancial statements
Year ended 31 August 2024
## **Balance sheet**
As at 31 August 2024
|Notes
Fixed assets
Tangible f xed assets
6
Current assets
Debtors
7
Cash at bank and in hand
Total current assets
Creditors -
amounts falling due within one year
8
Net current assets
Net assets
Funds of the charity:
Unrestricted funds
General funds
9 & 10
Total funds|4,851
2,646
7,497
(6,188)
2,339|Total
Funds
31 Aug 2024
£
1,030
1,309
2,339
2,339
2,339|
1,460
10,469
11,929
(6,188)
9,397
|Total
Funds
31 Aug 2023
£
3,656
5,741
9,397
9,397
9,397|
|---|---|---|---|---|
The notes on pages 15 to 22 form part of the fi nancial statements.
All the above results arise from continuing activities.
There were no other recognised gains or losses other than those stated above.
These fi nancial statements were approved and authorised for issue by the Board of Trustees on xx June 2025 and signed on their behalf by:
## **CHARLOTTE CHURCH**
## **FOUNDER AND CHAIR OF TRUSTEES**
Charity number 1186305
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Year ended 31 August 2024
The Awen Project Annual report and fi nancial statements
##
## 1. Accounting policies
Basis of preparation of the fi nancial statements
The fi nancial statements have been prepared in accordance with ‘Charities SORP (FRS 102) - 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 (FRS 102) second edition (effective 1 January 2019)’, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), including Update Bulletin 1, and relevant charities law.
The effect of any event relating to the year ended 31 August 2024, which occurred before the date of approval of the fi nancial statements by the Board of Trustees has been included in the fi nancial statements to the extent required to show a true and fair view of the state of affairs at 31 August 2024 and the results for the year ended on that date.
The functional currency of the Charity is sterling and amounts in the fi nancial statements are rounded to the nearest pound.
Using the exemption available to smaller charities the Board of Trustees has chosen not to include a Statement of Cash Flows within the fi nancial statements.
## Legal status
The Awen Project is a charitable incorporated organisation registered in England & Wales, and meets the defi nition of a public benefi t entity. The registered offi ce is The Spinney, Twyncyn, Dinas Powys, CF64 4AS.
## Going concern
The Trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast signifi cant doubt on the ability of the Charity to continue as a going concern. The Trustees have made this assessment for a period of at least one year from the date of approval of the fi nancial statements.
The fi nancial statements have been prepared on the going concern basis as the Board of Trustees is confi dent that future reserves and future income is more than suffi cient to meet current commitments. There are no material uncertainties that impact this assessment, and the wider economic environment has had no material impact on this assessment. The Charity therefore has adopted the going concern basis in preparing its fi nancial statements.
## Fund Accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds that are to be used in accordance with specifi c restrictions imposed by donors or that have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specifi c fund. There are currently no restricted funds within the Charity.
## Income
All income is included in the Statement of Financial Activities when the Charity has entitlement, there is probability of receipt and the amount is measurable.
For donations and gifts this is when they are received. Gift Aid is recognised on a receivable basis as part of the income to which it relates.
Income from charitable activities and grants is credited to the Statement of Financial Activities when received or receivable whichever is earlier, unless it relates to a specifi c future period or event, in which case it is deferred.
## Expenditure and irrecoverable VAT
Expenditure is accounted for on an accruals basis and liabilities are recognised as expenditure when there is a legal obligation committing the Charity to the expenditure, it is probable that settlement will be made, and the obligation can be measured.
Charity number 1186305
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The Awen Project Annual report and fi nancial statements
Year ended 31 August 2024
Non-recoverable VAT is included against the expenditure heading to which it relates.
Indirect costs, including governance costs, which cannot be directly attributed to activities, are allocated between activities proportionate to the direct costs incurred in those activities.
## Taxation
As a registered charity income and gains are exempt from Corporation Tax to the extent that they are applied to the charitable objectives.
Tangible fi xed assets and depreciation
Tangible fi xed assets are stated at cost less accumulated depreciation and any impairment losses, with individual assets over £500 being capitalised. Depreciation is provided for at a rate to ensure the items are written down over their useful economic life as follows:
- Container - 3 years
- Computer equipment - 3 years
- Equipment - 3 years
## Cash at bank and in hand
Cash at bank and in hand includes cash in hand, deposits with banks and funds that are readily convertible into cash at, or close to, their carrying values, but are not held for investment purposes.
## Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount is applied.
## Creditors
Creditors are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party, and the amount due to settle the obligation can be measured or estimated reliably.
## Financial instruments
## Critical estimates and judgements
In preparing fi nancial statements it is necessary to make certain judgements, estimates and assumptions that affect the amounts recognised in the fi nancial statements. The treatment of tangible fi xed assets is sensitive to changes in useful economic lives and residual values of assets. These are reassessed annually.
In the view of the Trustees in applying the accounting policies adopted, no judgements were required that have a signifi cant effect on the amounts recognised in the fi nancial statements nor do any estimates or assumptions made carry a signifi cant risk of material adjustment in the next fi nancial year.
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The Awen Project Annual report and fi nancial statements
2. Comparative statement of f nancial activities
|3. Income from donations and legacies
Notes
Income from:
Donations and legacies
3
Charitable activites
4
Total income
Expenditure on:
Raising funds
5
Charitable activities
5
Total expenditure
Net income/(expenditure)
Reconciliation of funds:
Balance brought forward
9 & 10
Balance carried forward
9 & 10
Grants
Donations
Gift aid
Total income from donations and legacies
Donations
Total income from donations and legacies|Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Aug 2023
31 Aug 2023
31 Aug 2023
£
£
£
52,004
-
52,004
11,846
-
11,846|
|---|---|
||63,850
-
63,850|
||3,270
-
3,270
70,453
-
70,453|
||73,723
-
73,723|
|||
||(9,873)
-
(9,873)
19,270
-
19,270|
||9,397
-
9,397|
||Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Aug 2024
31 Aug 2024
31 Aug 2024
£
£
£
32,450
-
32,450
15,840
-
15,840
991
-
991|
||49,281
-
49,281|
||Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Aug 2023
31 Aug 2023
31 Aug 2023
£
£
£
52,004
-
52,004|
||52,004
-
52,004|
3. Income from donations and legacies
Charity number 1186305
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The Awen Project Annual report and fi nancial statements
Year ended 31 August 2024
## 4. Income from other trading activities
|5. Total expenditure
Ticket sales for fundraising events
**Total income from other trading activities**
Ticket sales for fundraising events
Total income from other trading activities
Raising funds
Charitable activity
Total expenditure
Raising funds
Charitable activity
Total expenditure|Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Aug 2024
31 Aug 2024
31 Aug 2024
£
£
£
4,089
-
4,089|
|---|---|
||4,089
-
4,089|
||Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Aug 2023
31 Aug 2023
31 Aug 2023
£
£
£
11,846
-
11,846|
||11,846
-
11,846|
||Direct
Indirect
Total
costs
costs
Funds
Year ended
Year ended
Year ended
31 Aug 2024
31 Aug 2024
31 Aug 2024
£
£
£
-
-
-
55,756
4,672
60,428|
||55,756
4,672
60,428|
||Direct
Indirect
Total
costs
costs
Funds
Year ended
Year ended
Year ended
31 Aug 2023
31 Aug 2023
31 Aug 2023
£
£
£
2,997
273
3,270
64,575
5,878
70,453|
||67,572
6,151
73,723|
Charity number 1186305
18
Year ended 31 August 2024
The Awen Project Annual report and fi nancial statements
## 5. Total expenditure (continued)
Direct expenditure on raising funds includes the following items:
|Fundraising consultancy support
Total direct expenditure on raising funds|Total
Total
Funds
Funds
Year ended
Year ended
31 Aug 2024
31 Aug 2023
£
£
-
2,997
-
2,997|
|---|---|
Direct expenditure on charitable activities includes the following items:
|ndirect costs includes the following items:
Governance costs includes the following items:
Educationalists and other consultants
Staff Training
Other direct expenditure
Total direct expenditure on charitable activities
Administration and other costs
Governance
Total indirect expenditure
Insurance expense
Independent examination
Total expenditure on governance|Total
Total
Funds
Funds
Year ended
Year ended
31 Aug 2024
31 Aug 2023
£
£
51,655
55,117
-
361
4,101
9,097
55,756
64,575
Total
Total
Funds
Funds
Year ended
Year ended
31 Aug 2024
31 Aug 2023
£
£
1,391
2,775
3,281
3,376
4,672
6,151
Total
Total
Funds
Funds
Year ended
Year ended
31 Aug 2024
31 Aug 2023
£
£
2,093
2,188
1,188
1,188
3,281
3,376|
|---|---|
Indirect costs includes the following items:
Governance costs includes the following items:
Charity number 1186305
19
The Awen Project Annual report and fi nancial statements
Year ended 31 August 2024
## 6. Tangible f xed assets
|7. Debtors
Cost
As at 1 September 2023
As at 31 August 2024
Accumulated depreciation
As at 1 September 2023
Charge in year
As at 31 August 2024
Net book value
As at 1 September 2023
As at 31 August 2024
Prepayments
Accrued income
Other debtors
Total debtors|Computer
Container
equipment
£
£
8,380
1,499
8,380
1,499
7,844
1,227
536
272
8,380
1,499
536
272
-
-|
Equipment
Total
£
£
5,455
15,334
5,455
15,334
2,607
11,678
1,818
2,626
4,425
14,304
2,848
3,656
1,030
1,030
Total
Total
31 Aug 2024
31 Aug 2023
£
£
211
225
4,100
-
540
1,235
4,851
1,460|
|---|---|---|
## 7. Debtors
8. Creditors - amounts falling due within one year
|Accruals
Total creditors - amounts due within one year|Total
Total
31 Aug 2024
31 Aug 2023
£
£
6,188
6,188
6,188
6,188|
|---|---|
Charity number 1186305
20
Year ended 31 August 2024
The Awen Project Annual report and fi nancial statements
9. Analysis of charity funds
|Unrestricted funds
Total charity funds
Unrestricted funds
Total charity funds|Balance
Income
Expenditure
Balance
brought
in
in
carried
forward
period
period
forward
Year ended
Year ended
Year ended
Year ended
31 Aug 2024
31 Aug 2024
31 Aug 2024
31 Aug 2024
£
£
£
£
9,397
53,370
(60,428)
2,339
9,397
53,370
(60,428)
2,339
Balance
Income
Expenditure
Balance
brought
in
in
carried
forward
period
period
forward
Year ended
Year ended
Year ended
Year ended
31 Aug 2023
31 Aug 2023
31 Aug 2023
31 Aug 2023
£
£
£
£
19,270
63,850
(73,723)
9,397
19,270
63,850
(73,723)
9,397|
|---|---|
## 10. Analysis of net assets
|Fixed assets
Current assets
Current liabilities
Total charity funds
Fixed assets
Current assets
Current liabilities
Total charity funds|Unrestricted
Restricted
Total
Funds
Funds
Funds
31 Aug 2024
31 Aug 2024
31 Aug 2024
£
£
£
1,030
-
1,030
7,497
-
7,497
(6,188)
-
(6,188)
2,339
-
2,339
Unrestricted
Restricted
Total
Funds
Funds
Funds
31 Aug 2023
31 Aug 2023
31 Aug 2023
£
£
£
3,656
-
3,656
11,929
-
11,929
(6,188)
-
(6,188)|
|---|---|
||9,397
-
9,397|
Charity number 1186305
21
The Awen Project Annual report and fi nancial statements
Year ended 31 August 2024
11. Trustee remuneration
During the year, no Trustee received any remuneration (2023: £Nil). No members of the Board of Trustees received reimbursement of expenses related to attendance at Trustee meetings (2023: £Nil).
## 12. Related party transactions
During the current year, Jonathan Powell, who was formerly a trustee and is spouse of Charlotte Church, Chair of the Board of Trustees was remunerated a total of £15,000 (2023: £17,500) for his role as a educational consultant after resigning as a trustee in May 2021. This is permitted under the consitution and Charlotte was not involved in the decision making process nor the discussions around remuneration. His remuneration was at the same rate as other consultants, all of whom are paid below market rates.
Total unrestricted donations from trustees amounted to £Nil (2023: £Nil) in the period.
## 13. Guarantees and secured charges
As at 31 August 2024 the Charity did not have any outstanding guarantees to third parties nor any debts secured against assets of the Charity (2023: £Nil).
Charity number 1186305
22