THE AWEN PROJECT Trustees Annual Report and Financial Statements Year ended 31 August 2025
“Awen has meant that my daughter isn’t just ‘back’ but she’s where she was always meant to be”
(Awen parent)
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Year ended 31 August 2025
The Awen Project Annual report and fi nancial statements
Contents
| Welcome | 4 |
|---|---|
| Trustees’ annual report | 5 |
| Objectives | 5 |
| Activities | 5 |
| Achievements and performance | 6 |
| Impact Report 2025 | 7 |
| Goals for 2025/26 | 8 |
| Financial review | 9 |
| Structure, governance and management | 9 |
| Legal and adminitstrative information | 10 |
| Statement of Board of Trustees’ responsibilities | 10 |
| Tribe member spotlight | 12 |
| Independent examiner’s report | 13 |
| Statement of f nancial activities | 14 |
| Balance sheet | 15 |
| Notes to the f nancial statements | 16 |
Charity number 1186305
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The Awen Project Annual report and fi nancial statements
Year ended 31 August 2025
Welcome
This year has been one of both extraordinary highs and signifi cant challenge for The Awen Project. We have seen our community, our Tribe, grow in confi dence, creativity and ambition, achieving things that once felt far beyond reach. From young people leading their own events, producing magazines and original artwork, to travelling internationally and performing at a festival, the breadth of what has been possible is something we are deeply proud of.
Alongside this, we have welcomed new families, new collaborators and an increasing number of funders and supporters who recognise the importance and potential of our work. There is a growing sense that what we are building, a creative, democratic and community-led approach to education, is not only needed, but gaining real momentum.
This progress has not come without diffi culty. The unexpected loss of the land we had called home for several years was both practically and emotionally signifi cant. It disrupted our plans, placed pressure on our resources and challenged our sense of stability at a crucial time. Yet, in response, we have experienced an outpouring of support from our wider community, reminding us that Awen is not defi ned by a place, but by the people and values that sustain it.
Despite these challenges, our focus remains unchanged. We continue to work towards a future where education is meaningful, creative and shaped democratically by the young people and families it serves. As we refl ect on how far we have come, from an idea rooted in passion to a growing, resilient community, we move forward with renewed determination, supported by those who believe in what we are building.
We are still here. We are still growing. And we are just getting started.
Charlotte Church
FOUNDER AND CHAIR OF TRUSTEES
THE AWEN PROJECT
Charity number 1186305
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Year ended 31 August 2025
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 2025.
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 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:
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Linked up with a democratic school in Italy on our second overseas trip.
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Performed at a major music festival
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Continued to develop our site
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Started to deliver more outreach
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The Awen Project Annual report and fi nancial statements
Year ended 31 August 2025
Achievements and performance
Our year:
This has been a landmark year of creativity, courage and growth for The Awen Project.
One of the defi ning moments of the year was our international programme in Venice, funded by the Taith. This was not simply a visit, but a deeply embedded learning journey. Young people explored the social and economic context of Italy, learned elements of the Italian language, studied The Merchant of Venice, and immersed themselves in Renaissance art, producing their own work inspired by the period and crafting traditional Venetian masks. Alongside this, they developed vital life skills, taking ownership of elements of the trip itself, including planning travel, organising accommodation and navigating a new country together.
The group also created a powerful legacy of the experience through a self-produced fi lm, written, directed, fi lmed and performed entirely by the young people, which premiered to a live audience at Big Love Festival. This moment captured not only their creativity, but their ability to collaborate, refl ect and tell their own stories with confi dence.
Music has been another major thread this year. Young people formed a band, developed their sound collectively and performed at a series of events, culminating in a main stage performance at Big Love Festival. Watching them step into that space, owning it with confi dence and presence, was a powerful refl ection of their growth.
The Tribe also planned, coordinated and curated the Kids fi eld at the festival - having direct experience of event planning, budgeting, working with children and parents, logistics and so much more. It was a huge success (bar some little bit of rain! Bah!)
Our annual exhibition, “The Cow”, once again showcased the extraordinary breadth and depth of creative work across
the Tribe. From photography and ceramics to stop-frame animation, poetry and mixed media, the exhibition celebrated not only output but the process, curiosity and commitment behind it.
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The Awen Project Annual report and fi nancial statements
This year also marked an emotional milestone as we said goodbye to one of our original Awenites, Osian, who has gone on to attend an international school in Bosnia. This is a huge achievement and a powerful example of the journeys our young people are capable of. We are immensely proud to have been part of his story.
Following the loss of our previous site, we have begun establishing a new home in Wenvoe. This transition has brought challenge, but also opportunity. Young people have been actively engaging with the new landscape, learning about local ecosystems and beginning to shape what Awen looks like in this next chapter.
We have also expanded our reach signifi cantly. Through support from National Lottery Community Fund Awards for All funding, we have launched an outreach bus, enabling us to take Awen beyond a fi xed location and into the wider community, connecting with families who may not otherwise have access to our work.
Across the year, we have directly supported around 25 young people aged 11–16, with our wider community now reaching over 100 benefi ciaries including families. We have delivered dozens of creative sessions, multiple public performances, an international exchange, and a major public exhibition, all led by the energy, ideas and commitment of our Tribe.
With continued support from Taith, Awards for All and an increasing number of major donors, we are entering the coming year with real momentum. What we are seeing now is not just participation, but leadership; young people shaping their own learning, their community and their futures.
Being in nature:
As usual we have spent almost all of our time outdoors. Being in a new outdoor space allows us to learn about new wildlife, new fl owers and fauna and thinking about space differently.
We have designed and created our home complete with fi re pit for outdoor cooking, compost toilet and canopy so that we can continue to be with the environment come rain or shine.
Awen families:
The Awen family is thriving and our volunteer groups have really gotten into the swing of things. We continue to do regular training sessions with the teams and they are now organised into Social Media, Events and fundraising, Grants, Land and Onboarding - so everyone has a strong role to play in the Village.
Impact Report 2025
Since joining Awen we have seen some amazing improvements in learning and well-being.
Our work has had a meaningful impact this year:
44% Increase in focus
56% Increase in Communication skills
We also saw a signifi cant improvement in engagement in learning:
84% Reported feeling confi dent co-creating projects
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The Awen Project Annual report and fi nancial statements
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81% Reported feeling like they’ve learned new skills that they will use in the future
And we are happy to see excellent results in the way our young people think about society around them.
75% Reported in commitment to democratic practice
Goals for 2025/26
We are looking to secure land ourselves - and are awaiting the outcome of a national lottery application which will include some capital money to buy our own space. That is the focus so that we can build on all of our achievements over the last few years - but solidify them into something that is more secure.
We will also be looking to continue to build on Wild Journeys and how we can maximise our income generating while furthering our learning.
Our focus here will be on building social enterprise within our village and we will be planning to look at creative and interesting revenue.
We are looking to replace our parent trustee role who can represent our young people at board level.
Fundraising
We saw a large increase in our fundraising this year which is great.
Thank you to Taith who funded our Venice trip and learning as well as The National Lottery awards for all who have awarded us a grant for a new bus - watch out South Wales!
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 focussing 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.
Educational practices
• 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 practice across
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The Awen Project Annual report and fi nancial statements
our wider community.
Financial review
During the current fi nancial year, the charity achieved a surplus of £19,187 (2024: defi cit of £7,058), increasing total reserves at year end to £21,526 (2024: £2,339). Income for the year was £86,569 (2024: £53,370) and expenditure was £67,382 (2024: £60,428).
Of the reserves held at year end £21,526 (2024: £2,339) 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 £21,526 (2024: £2,339) 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 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
Charity number 1186305
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The Awen Project
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Annual report and fi nancial statements
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.
Legal and administrative information
Charity name
The Awen Project
Charity registration no. Company registration no. 1186305 CE019562
Registered offi ce
58 Glamorgan Street Barry South Glamorgan CF62 6JN Trustees
Charlotte Church Chair Sean Bellamy John Farrell Stella Smith
Independent examiner
Enaid Accountancy Ltd Platform 10 Engine Rooms Hood Road Barry CF62 5QL
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:
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Year ended 31 August 2025
The Awen Project Annual report and fi nancial statements
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures
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disclosed and explained in the fi nancial statements; and,
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prepare the fi nancial statements on the going concern basis unless it is inappropriate to presume that the
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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.
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 xxxx 2026 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 2025
Tribe member spotlight: Tilly (11)
Tribe Member
Tilly joined Awen this year - after trying out Welsh Medium high school in the Vale of Glamorgan.
In Tilly’s words’
Hi, I’m Tilly and I joined Awen this year.
Before this, I was in mainstream school and I always thought I would be fi ne there. I didn’t really worry about it, I just assumed that was what everyone did and that it would work for me too. But when I look back now, I can see that I was actually really anxious a lot of the time. I didn’t notice it properly then, but being in a classroom, sitting still and looking at the same four walls all day just didn’t feel right for me.
I realised quite quickly that I learn differently. I like to be moving, making things, being outside, and actually doing something instead of just being told about it. At school, I found it hard to focus and hard to be myself. I even lost my confi dence and didn’t want to speak up in class. It was a surprise because I had never really felt like that before. Every morning I woke up I would dread the day ahead.
Since joining Awen, I feel like a completely different person. I’m more confi dent, I talk to more people, and I’m not as worried about getting things wrong. I’ve done things I never thought I would do, like performing, making art, and being part of group projects where everyone’s ideas matter.
One of my favourite things is that learning doesn’t feel forced. It feels natural, like you’re just exploring things together and discovering what you’re interested in. I feel like people actually listen to me here.
Awen has helped me realise that there isn’t just one way to learn, and that the way I learn is actually a good thing. It’s made me feel more like myself again.
Charity number 1186305
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The Awen Project Annual report and fi nancial statements
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 2025 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:
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examine the accounts under section 145 of the Charities Act;
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to follow the procedures laid down in the general Directions given by the Charity Commission under section
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145(5)(b) of the Charities Act; and,
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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:
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accounting records were not kept in respect of the CIO as required by section 130 of the Act; or
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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 XXXX 2026
Enaid Accountancy Ltd Platform 10 Engine Rooms Hood Road Barry CF62 5QL
Charity number 1186305
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Year ended 31 August 2025
Annual report and fi nancial statements
For the year ended 31 August 2025
| Notes Income from: Donations and legacies 3 Other trading activites 4 Total income Expenditure on: 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 2025 31 Aug 2025 31 Aug 2025 31 Aug 2024 £ £ £ £ 81,335 - 81,335 49,281 5,234 - 5,234 4,089 86,569 - 86,569 53,370 67,382 - 67,382 60,428 67,382 - 67,382 60,428 19,187 - 19,187 (7,058) 2,339 - 2,339 9,397 21,526 - 21,526 2,339 |
|---|---|
The notes on pages 16 to 23 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.
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Balance sheet
As at 31 August 2025
| 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 |
4,295 21,516 25,811 (4,515) 21,526 |
Total Funds 31 Aug 2025 £ 230 21,296 21,526 21,526 21,526 |
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 |
|---|---|---|---|---|
The notes on pages 16 to 23 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 xxxx 2026 and signed on their 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 2025
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 2025, 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 2025 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 58 Glamorgan Street, Barry, South Glamorgan, CF62 6JN.
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.
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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:
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Container - 3 years
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Computer equipment - 3 years
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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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2. Comparative statement of f nancial activities
| 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 |
Unrestricted Restricted Total Funds Funds Funds Year ended Year ended Year ended 31 Aug 2024 31 Aug 2024 31 Aug 2024 £ £ £ 49,281 - 49,281 4,089 - 4,089 |
|---|---|
| 53,370 - 53,370 |
|
| - - - 60,428 - 60,428 |
|
| 60,428 - 60,428 |
|
| (7,058) - (7,058) 9,397 - 9,397 |
|
| 2,339 - 2,339 |
3. Income from donations and legacies
| Grants Donations Gift aid Total income from donations and legacies Grants Donations Gift aid Total income from donations and legacies |
Unrestricted Restricted Total Funds Funds Funds Year ended Year ended Year ended 31 Aug 2025 31 Aug 2025 31 Aug 2025 £ £ £ 78,740 - 78,740 2,587 - 2,587 8 - 8 |
|---|---|
| 81,335 - 81,335 |
|
| Unrestricted Restricted Total 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 |
Charity number 1186305
18
Year ended 31 August 2025
The Awen Project Annual report and fi nancial statements
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 Charitable activity Total expenditure Charitable activity Total expenditure |
Unrestricted Restricted Total Funds Funds Funds Year ended Year ended Year ended 31 Aug 2025 31 Aug 2025 31 Aug 2025 £ £ £ 5,234 - 5,234 |
|---|---|
| 5,234 - 5,234 |
|
| 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 |
|
| Direct Indirect Total costs costs Funds Year ended Year ended Year ended 31 Aug 2025 31 Aug 2025 31 Aug 2025 £ £ £ 62,623 4,759 67,382 |
|
| 62,623 4,759 67,382 |
|
| 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 |
5. Total expenditure
Charity number 1186305
19
The Awen Project
Year ended 31 August 2025
Annual report and fi nancial statements
5. Total expenditure (continued)
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 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 2025 31 Aug 2024 £ £ 50,115 51,655 12,508 4,101 62,623 55,756 Total Total Funds Funds Year ended Year ended 31 Aug 2025 31 Aug 2024 £ £ 1,606 1,391 3,153 3,281 4,759 4,672 Total Total Funds Funds Year ended Year ended 31 Aug 2025 31 Aug 2024 £ £ 1,941 2,093 1,212 1,188 3,153 3,281 |
|---|---|
Indirect costs includes the following items:
Governance costs includes the following items:
Charity number 1186305
20
Year ended 31 August 2025
The Awen Project Annual report and fi nancial statements
6. Tangible f xed assets
| Cost As at 1 September 2024 As at 31 August 2025 Accumulated depreciation As at 1 September 2024 Charge in year As at 31 August 2025 Net book value As at 1 September 2024 As at 31 August 2025 |
Computer Container equipment Equipment Total £ £ £ £ 8,380 1,499 5,455 15,334 8,380 1,499 5,455 15,334 8,380 1,499 4,425 14,304 - - 800 800 8,380 1,499 5,225 15,104 - - 1,030 1,030 - - 230 230 |
|---|---|
- Debtors
| Prepayments Accrued income Other debtors Total debtors |
Total Total 31 Aug 2025 31 Aug 2024 £ £ 195 211 4,100 4,100 - 540 4,295 4,851 |
|---|---|
- Creditors - amounts falling due within one year
| Accruals Total creditors - amounts due within one year |
Total Total 31 Aug 2025 31 Aug 2024 £ £ 4,515 6,188 4,515 6,188 |
|---|---|
Charity number 1186305
21
The Awen Project
Year ended 31 August 2025
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 2025 31 Aug 2025 31 Aug 2025 31 Aug 2025 £ £ £ £ 2,339 86,569 (67,382) 21,526 2,339 86,569 (67,382) 21,526 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 |
|---|---|
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 2025 31 Aug 2025 31 Aug 2025 £ £ £ 230 - 230 25,811 - 25,811 (4,515) - (4,515) 21,526 - 21,526 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 |
Charity number 1186305
22
Year ended 31 August 2025
The Awen Project Annual report and fi nancial statements
11. Trustee remuneration
During the year, no Trustee received any remuneration (2024: £Nil). No members of the Board of Trustees received reimbursement of expenses related to attendance at Trustee meetings (2024: £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 (2024: £15,000) 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 (2024: £Nil) in the period.
13. Guarantees and secured charges
As at 31 August 2025 the Charity did not have any outstanding guarantees to third parties nor any debts secured against assets of the Charity (2024: £Nil).
Charity number 1186305
23