IF ANNUAL REPORT for year ending December 2024 PARADIGM www.paradignmproject.co.uk Registered Charity Number..1191206 PA OJ E C T
Contents Reference and Administrative Details 4 Trustees, Annual Report Message from the Trustees Message from the Founder 9 Vision. Mission. and Values 12 Strategic Goals for 2025 15 Impact and Outcomes 20 Financial Overview 21 Governance and Trustee Recruitment Acknowledgements 29 Looking Ahead Aiil"Il Paradigm Project Annual Roport 2024 www.paradigmproject.co.uk Registered Charity Irnber. 1191206 Ihe siephen Lawrencecentre. 39 Brookmill ROCKI Lewisha LorKJon. SE8 4HU PARADIGIA P R O J E C T
PAGE 03 Reference & Administrative Details Registered Office: The Stephen Lawrence Centre. 39 Brookmill Road, Lewisham. London, SE8 4HU Trustees Co-chair& Aisha Sanusi and Nigel Kippax Vice Chair: Matt Geer Treasurer: Justin O'Neill Secretary: Judith Topley Board Members. Joel Dawes. Dr Niquita Pilgrim and Zainab Asunramu Charity registration number 1191206 Chlef Executlve (CEO) & Founder Joel Dunn Website www.paradigmproject.co.uk Charity Secretary Judith Topley Email info paradigmproject.co.uk Accountants 1st Class Accounts. 320 City Road. London. EC1V2NZ Paradigm Project Annual Report 2024 www.paradigmproject.co.uk Registered Charity Number. 1191206 fOryeareDdingDwthr2o24 The siephen Lawrence Centre. 39 Brookmill Rood Lew18hom. London. SE8 4HU PARADIGM P R O J E C T
PAGE 04 Trustees Annual Report The Trustees present their annual report, along with the financial statements for Paradigm Projectfor the year ending 31st December 2024. The trustees confirm that the annual report and financial statements comply with statutory requirements and the provisions of the Statement of Recommended Practice (SORP). Financial Reporting Standard FRS102. The charity has no current debts or liabilities. Our funding is received exclusively to support our programmes. We are working towards developing a reserves strategy to support our ambitions for growth and sustainability. )RJIECT Parad Annu Project port 2024 www.paradigmproject.co.uk Registered Charity Number: 1191206 D•¢•mb•r2024 The Stephen Lowrc Lewishom. Lonol Il Rottd PARADIGM P R O J E C I
PAGE 05 Message from the Trustees Message from Michelle Edwards (Outgoing Chair) Dear Friends and Partners. As my tenure as Chair of the Boord ofTrustees for Paradigm Project comes to a close. I want to take this opportunity to express my deep gratitude for the time I have spentwith this incredible organisation. Serving as Chair has been a greatly rewarding experience. Over the years. I have witnessed the tremendous impact Paradigm Project has had on the lives of children and young people. particularly those facing educational disadvantage& While my time on the board has come to an end. I remain fully committed to supporting and championing the work of Paradigm Project. I am confident that the new team. led by Aisha and Nigel and supported by the talented trustees. have the strength. skills. and experience to take the organisation to the next level. Their dedication to the mission and their collective expertise will ensure Paradigm Project continues to thrive and expand its reach. making a lasting difference in the lives of many. I look forward to continuing to supportthe organisation in other ways and to seeing the amazing work that will unfold in the years to come. Thank you to everyone who has been part ofthisjourney. The future of Paradigm Project is bright. and I am excited to see what lies ahead. Sincerely. Mlchelle Edwards Chairofthe board oftrustees Porodigm Project Heod ofyouih offenoling. Safety& llenCe. Lonclon Borough ofNewham Paradigm Project Annual Roport 2024 www.paradigmproject.co.uk Registered Charity Number. 1191206 foryEarendingDK•thr2024 The sLephen Lawrence Centre. 39 Brookmill Rood Lewishom. London. SE8 4HU PARADIGM P R O J E C T
PAGE 06 Message from the Trustees Message from Aisha Sanusi (Incoming Chair) Dear Friends and Partners. l am incredibly excited and honoured tojoin Paradigm Project as Co-chair of the Board of Trustees. As someone who is deeply passionate about creating early intervention opportunities for young people, the mission of Paradigm Project resonates with my values and approach in profound ways. The need to go further upstream in education. safeguarding. and supporting children and families at an earlier stage is something I firmly believe in. My work as Director of the African Caribbean Education Network (ACEN) has provided me with extensive experience in the education sector. where I have had the privilege of working to empower and uplift young people. especially from underserved communities. This experience. coupled with my commitment to equity and systemic change. will allow me to contribute meaningfully to Paradigm Project's mission. l am fortunate tojoin an exceptional team of trustees. each bringing specialist skills and understanding to the table. Tiogether. we will supportjoel and the rest of the team in building and growing Paradigm Project. With our collective expertise and passion for making a difference, I am confident that we will continue to expand the impact of this remarkable organisation. I look forward to working with everyone as we take Paradigm Project to new heights and make a deeper. more lasting impact on the lives of the children and communities we serve. Sincerely. Alsha Sanusl Choiroflhe boord ofirustees Ptjrodigm Projeci rectoroflheAfricanCaribbetsn Eclucation Network(ACEN) Paradigm Project Annual Roport 2024 www.paradigmproject.co.uk Registered Charity Number. 1191206 f0rYerend19 Dv¢4rt•r2024 The Stephen LawrenceCentr8. 39 8rookmill Road L8wisham. London. SE8 4HU PARADIGM P R O J E C T
PAGE 01 Message from the Trustees Message from joel Dawes (FoundingTrnstee) Dear Friends and Partners. As one of the founding trustees of Paradigm Project. I am proud to reaffirm my commitment to the board in 2024. This organisation holds a special place in my heart, and it has been a privilege to help shape and guide its development overthe years. In my role, I was closely involved in overseeing the recruitment process for new trustees. ensuring thatthe board is diverse. skilled. and fully aligned with the strategic direction of the organisation. I am thrilled to welcome the new trustees and believe that their expertise will add tremendous value to our mission. As part of this transition. I will be stepping down from my role os Secretary to focus more on my work as a youth exploitation specialist. This shift will allow me to dedicate more time to providing the necessary context and underpinning for all the work we do. ensuring that our efforts are rooted in the realities of the challenges faced by young people today. I would like to express my gratitude to the outgoing trustees for their contributions and wish them all the best in their future endeavours. With the new additions to our board. I feel confident that Paradigm Project is in a strong position to continue its vital work and make an even greater impact on the lives ofyoung people and their communities. I am excited to see what the future holds for Paradigm Project and look forward to supporting the team in any woy I can. Sincerely. Joel Dawes Founding trustee trf Porodlgm Projéct Paradigm Project Annual Roport 2024 www.paradigmproject.co.uk Registered Charity Number. 1191206 foryparendingDK•thr2024 The sLephen Lawrence Centre. 39 Brookmill Roocl Lewishom. London. SE8 4HU PARADIGM P R O J E C T
PAGE 08 Message from the Founder & CEO Dear Friends and Partners, As we reflect on 2024. 1 am filled with immense gratitude for another year of growth and impact for Paradigm Project. This year has been particularly significant as much of our work has centred around research. which has been deeply influenced by my studies atthe University ofcambridge. My research topic.'Dismantling the School-to-Prison Pipeline." has not only enriched my understanding but also externally validated the approach we have long championed here at Paradigm Project. Our focus on addressing complex youth issues from their root causes. and through a systemic lens. has never been more relevant. The growing evidence base and insights from these research projects will help us continue to develop and refine our programmes and training. 2024 has also been a fantastic year for collaboration. We have had the privilege of working alongside some truly inspiring partners and organisations on multiple projects, allowing us to expand our reach and deepen our impact. These collaborations have not only strengthened our programmes but have also enriched our understanding of the complex challenges we seek to address. As we welcome new trustees to the board. I would like to take a moment to send my heartfelt thanks and well wishes to Michelle. James. and Amanda. who have been instrumental in our growth and success. Their dedication and expertise have helped shape Paradigm Project into what it is today. I also want to extend a warm welcome to our new trustees. I am excited about the skills and experience they bring to the team. and I look forward to collaborating with them as we continue to drive forward our mission. Thank you once again to all our supporters. partners. and team members. Together. we are building the foundation for a more equitable and transformative future for young people. Sincerely, Joal Dunn Foundtrr &¢ ofparodigm Projeci Paradigm Project Annual Report 2024 www.paradigmproject.co.uk Registered Charity Number. 1191206 f0ryearendingDwthr2o24 The siephen Lawrence Centre. 39 Brookmill Roocl Lew18hom. London. SE8 4HU PARADIGM P R O J E C T
PAGE 09 Vision, Mission & Values OUR VISION To be a transformative force in the UK educational landscape. shaping a future where every institution embodies equity. inclusivity. and diversity. We envision a world where every child, regardless of their background, hos access to quality education and proactive supportto thrive. fostering a society that values and uplifts each individual's potential. OUR MISSION We are dedicated to creating a more equitable education system in the UK through research. programme design and delivery, training. and professional development for educators and parents. Our mission is to use evidence-based, preventive. and upstream approaches to drive systemlc and pollcy changes, ensurlng every chlld Is supported, resourced. and given opportunities to succeed in their unique way. Paradigm P Annual Repo www.pa adigmproject.co.uk Reglstored Charlty Number. 1191206 024 IDr yètsr Dtifftb 14 The Steph Isttam. Lawrence Centre. 39 Brookmill Rood naor). SE8 4HU rARAPIGM ECI
PAGE10 Vision, Mission & Values Our Values Our work is guided by a Four-Pillars Framework that embodies the core values and approaches driving our mission. Each pillar focuses on complementary aspects of safeguarding, inclusion, innovation, wellbeing, and opportunity. Together. these pillars reflect our commitmentto supporting every child's unique needs and ensuring they thrive. l. Safeguarding and Environment Palr•d FoouM&' Protection &Voice | Rights & Agency l#hy It Matt•r Safeguarding ensures children's safety while giving them a voice and agency in their own journey. Shlftlng from a deflclt-bosed to a strength-based approoch helps bulld resilience and long-term security. How It Drlv•• Impa¢t: Eorly Interventlon and sofeguardlng reduce crSsls costs and prevent luture Issues, whlle embeddlng empowerment ensures chlldren have the tools to thrlve and become actlve agents In thelr future& 2. Play & Creativity Palr•d Foeuw& Joy & Exploration | Expresslon & 8elonging Why n Matt•r Play an¢J ¢reotlvlty ore e$$entlol for ¢hll¢J development. fosterlng leornlng. wellbelng, on¢J o sense of belonging. Creatlng In¢lvslve spaces helps every ¢hlld express themselves authentl¢ally. How n Drlv•s ImpaeA: Our arts-based and creative approaches in research and programme design surface authentic insights and strengthen community ownership. ensuring that every child's voice is heard and celebrated. Paradigm Project Annual R•port 2024 www.paradigmproject.co.uk Registered Charity Number. 1191206 foryearending D•o•thr2024 The Steph&n Lowr&nc&Cenrre. 39 Brookmill Road Lewlshom. London. SE8 4HU PARADIGM P R O J E C T
PAGEII Vision, Mission & Values Our Values 3. Mentsl Health & Resilience Palr•d Foeu$• Wellbeing & Support | Coping & Growth Why It Mattor As young people face Increaslng mental health challenges. provldlng robustsupport bulldsthelr capacltyto cope and grow through Ilfe'schallenges. Addressing mental health needs early set5 chlldren up for success. How It Drlv•• Inwact We embed trauma-inform8d practices In schools and services. equipping educators, parents. and children with resilience tools to r8duce exclusions and prevent future mental health crises. 4. Transitions & Opportunities Palr•d Focu••% Contlnulty & Connection l Aspiratlon &Access Why It Matt•r* ChSldren face crltlcal vulnerablllty durlng transltions. especlally In earlv years and key educational stage& Ensurlng contlnuity and connectSon during these transitions Ilnks them to future life opportunities. How It Drlv•• bwaet We focus on tronsltlon'pressure polntg, through our Local Authorlty Preventlon Partnershlp (LAPP) research, mapplng local services to flll gops and ensuring children can access strategic learnlng pathways. fosterlng long-term su¢¢ess and opportunity. This framework underpins all aspects of our work at Paradigm Project. guiding our approach to creating inclusive, preventative, ond empowering educational environments for children across the UK. By focusing on these four interconnected pillars, we aim to drive systemic change that ensures every child has the chance to thrive. regardless of their background or circumstances. Paradigm Project Annual R•port 2024 www.paradigmproject.co.uk Registered Charity Number. 1191200 forwreTbJingD•o•thr2024 The Stephen Lawrence Centre. 39 Brookmill Road Lewlshom. London. SE8 4HU PARADIGM P R O J E C T
PAGE12 Strategic Goals for 2025 As Paradigm Project celebrates its 5th onniversary in 2025. we are setting the stage for the next decade of impact. We are committed to building on our achievements and expanding our reach. ensuring that every child has access to the support they need to thrive. The following strategic goals outline our vision for the coming year. as we develop a ten-year vision and five-year strategy to guide our work into the futur&. l. Develop a Ten Year Vision and Five.Year Strategy 13oak As we mark our 5th anniversary. we will develop o ten-year vision arKI five-year stroteglc plon to ensure the long-ierm sustoinoblllty ond growth of Por¢xllgm Project. l#Thy It Mrrtt•rn Celebrating our 5th year is a pivotol moment in ourjourney. A clear long-term vision will help guide our efforts. align our team. and communicate our goals to funders. partners. and the wider community. How It Drlvm Impact This forward-looking plan will create a roadmap for the next decade. provlding a foundoilon lor scoling our Impact. strengthenlng our Internal capacity. and developing new initiatives thot reflect both our mission and the needs of the communides we serve. 2. Build Infrastructure and Systems to Support our Ambitions 13oak Strengthen our organlsotlonal Infrastructure and wstems to support our growlng ambitions. enabling us to scale efficienvy and deliver high-quality programmes at greater reach. Why It Matt•r* As we expand. it is crucial to have the right systems in place to sustoin growth. This includes enhoncing our operotionol copocity. streomlining processes. improving data management. arKI ensuring Ihat our digital plattorms are scalable. How It Drlvm Impact Solid infrastructure allows us to focus on what matters most. delivering impoctful progrommes and research. By building robust systems. we can maintain programmatic excellence. improve efficiency. and better measure our outcomes. which will also support our long-term sustainability. Paradigm Project Annual Raport 2024 www.paradigmproject.co.uk Registered Charrty rnber. 1191206 The Stephen Lowrencecentre. 39 Brookmill Rood Lewishom. London. SE8 4HU PARADIGM P R O J E C T
PAGE13 Strategic Goals for 2025 3. Strengthen Key Relationships with Funders ¢loal: Bulld and strengthen relotlonshlps wlth funders who are ollgned wlth our mlsslon. particularly those focused on preventing school exclusions. race equity, and inclusive leorning pro¢tlces. Why It Matter Securing sustainable funding from like-minded organisations will enable us to expand our reach. scale existing programmes. and further solidify our position os a leader in the fleld of educational equity. How It Drlv•• ImpaoL. Engaging with funders who understand and support our mission wlll not only provlde the necessary llnanclal backlng but also enhonce our abSllty to advocate for systemic change. These relationships will allow us to expand our work. partlcularly around issues of raclal eoulty and Incluslon, ensurlng that more chlldren beneflt from our programme& 4. Showcase our Research Projects Creatively Qoal: Creatlvely showcas8 our research projects, ensurlng that the volces and Ilvèd experlen¢es ol the people who matter mosi. chlldren. parents. ond educators are at the forefront of our work. Why It Matt•r Our research Is powerful because It Is drlven by the lived experiences of those most Smpacted by the challenges we address. By ompllfylng these voices. we bring authenticity. depth. and rel8vanc8 to our work. ensuring that it resonates with Communltles. stakeholders. and pollcymakers. How It Drlv•• ImpaoL. Showcasing our research in creotive. accessible ways, such as through multimedia projects. storytelling. and public engagements. will elevate the voices of those often overlooked. This approach will engage a broader audience. drive action on key issues like school exclusion and racial equity and help us influence policy and practice on a larger scale. Paradigm Project Annual R•port 2024 www.paradigmproject.co.uk Registered Charity Number. 1191206 foryearending D•o•thr2024 The Steph&n Lowr&nc&Cenrre. 39 Brookmill Road Lewlshom. London. SE8 4HU PARADIGM P R O J E C T
PAGE14 Strategic Goals for 2025 The strategic goals for 2025 are ambitious. but they are grounded in our belief that we can create systemic change through evidence-based. upstream interventions in education and youthjustice. As we enter our 5th year, we are positioning Paradigm Project for greater impact, ensuring that we build on our successes and continue to moke a lasting difference in the lives of young people. educators. and families across the Ulc Through careful planning. strengthened relationships. and innovative approaches to research and community engagement, we are excited about the possibilities ahead and the long-term changes we will contribute to In education and beyond. Iilt,A, TE Paradigm Project Annual R•port 2024 www.paradigmproject.co.uk Registered Charity Number. 1191206 foryearendingO•o•th2024 The sieph8n LcJwr8nc&Centre. 39 Brookmill Rood Lewlshom. London. 8E8 4HU PARADIGM P R O J E C T
PAGE15 Impact and Outcomes In 2024. Paradigm Project has made significant strides in advancing research that directly informs our approach to reducing school exclusions, fostering race equity, and enhancing inclusive education. We are currently working on three key research projects that align with our mission ond vision. all of which aim to address critical issues in education with a focus on systemic change and lived experiences. l. A Cultural Humility Approach to Reducing School Exclusions This research project. funded through King's College London in partnership with Impact on Urbon Heolth. focuses on the experlence ol Block glrls who hove been excluded from school. We are using a mixed-methodsapproach to explorethistheme, combining interviews. surveys. focus groups. and creative methods to gather insights from key stokeholders. Our collaborotion with Milk Honey Bees. a Lambeth.based organisation with extensive experience in researching the experiences of Black girls, ensures that this project is deeply Informed by those with lived exp8ri8nce. The alm is to engag8 wlth over100 parents, educators. and chlldren to produce a Cultural Humlllty Toolklt. Thls toolklt wlll equlp educators wlth strotegles to enhance thelr cultural understondlng ond address the system[¢ barrlers faced by 81ack girls In schools. This project is not only slgniflcant In provldlng practical tools for educators but also In ensuring that the voices of the most marginalised are at the cenlre of educational reform. The Cultural Humility Toolkit will b8 a resource aimed at fostering cultural understanding in schools, maklng It a vltol contrlbutlon to race equlty In educatlon. e are gratelul for the opportunlty to bulld on our research Into the experlenees of Black girls In schools. Porodlgm Project hos become o valued olly In fhls worL ond ourshored vlslon and values mean that together, we go further and create deeper impact. I'm excited to explore what this piece of research will uncover and the possibilities it holds for lasting change.. Ebinehita lyer8- Founder. Milk Honey B88S ProjectTimeline'. Due for completlon In Summer 2025 Paradigm Project l Annual R•port 2024 www.paradigmproject.co.uk Registered Charlty Number. 1191200 yearerbJingD•c•thr2024 The Stephen Lawrence Centre. 39 Brookmill Ro Lewlshom. London. SEB 4HU PARADIGM P R O J E C T
PAGE16 Impact and Outcomes 2. Race Equity Education Group The Race Equity Education Group project is a collaboration beeen Theatre Peckham. Paradigm Project. and UDA funded through The Black Systemic Safety Fund. This project explores the experience of racism in schools and evalucrtes the effectiveness of anti-racism policies. frameworks. and charters thai have been implemented across educational settings. A central goal is to understand how we con shift these efforts from being tokenistic or performotlve to becoming octionoble. meoningful. ond sustoinoble. Through this consortlum. we aim to give communities greater agency and ownership over the policies and practices that affect them. The project will engage with a broad range of stokeholders. Including educotors. students. ond community mernbers. to explore thelr experlences ond garher leedl)o¢k on how to Improve onil-rocist educotlon. A key aspect of thls work Is a large-scale roundtable event plonned for early 2025. whlch wlll brlng together pollcymokers, educators. ond community leoders io discuss ond reflne the Iromework for system1¢ chonge. In oddition, the project will involve o serles of smoller events. Interviews, and surveys io deepen our understonding of Ihe pro¢ti¢olitles ond l)orrlers to effe¢tlve implementation. A short film will olso be pr¢)du¢ed to document the process. capturing the experiences of those most affected by these issues ona showcosing the collaborative efforts being made to drive chonge. Th1$ project 1$ vitol In ensurlng thot ro¢e equity 1$ notjust o theoretl¢ol concept but $omethlng that is lived. underst¢X)d. on¢J actively pursued in schools The Block Systemlc Sofety Fund wos an 18-monih. porticipotory soclal-lob InltlatSve Oulv 2022-De¢ember 2023) led by The Ubele Inlilotive in portnership with Reos Portners ond Impoct on Urt)on Health. olmed ot explorlng furKling, porti¢ipotory gront-moklng, ond safety In Black and raciolly minoritised communities in Lambeth and Southwark Over six workshops with leorning journeys. creotive prototyping. reflective interviews, and compensation for participants, it directly invested £SOOk into communiry-co-designed innovations tackling systemic safety challenges. One standout outcome was the formation of the Race Equity Education Group addressing racial injustice in schools. o key pilotthat seeded deeper work on educational equity. Project fimeline. Due for completlon In 2025 Paradigm Project .paradigmproject.co.uk Ihe Steptrn Lawrencecentre. 39 8rookmill Road iewshom. London. SE8 4HU E C T
PAGE 17 Impact and Outcomes 3. Development of the My Next Steps Programme In 2024, we conducted a community consultation to unpack the learning from the last three years of delivering the My Next Steps programme. This consultation was instrumental in reflning and enhoncing the programme as we movetowards our ombition ofcreating the most comprehensive and inclusive primary to secondary transition programme available in theu The insights gathered from children. parents, and educators provided rich. qualitative data that allowed us to explore how the programme hos Impacted partlclpants. what has worked well, and where we can improve.The feedt)ackwas invaluable in shaping thefuture direction of the programme. and we are now focused on ensurlng that My Next Steps provldes the support and resources ne¢essory for every ¢hil¢J to succeed In their tronsition from prlmary to Secondary school. Supportlng us In thls process. and In the development of a pllot olthe new programme across four London boroughs. is London's Violence Reduction Unit (VRU). Their involvement ensures that we are Integratlng communlty-drlven Inslghts and solutlons that priorltlse safety, well-being, and empowerment. Th8 community consultatlon has provlded us wlth a clearer. evldence-based understandlng of the Challenges chSldren face durlng tronsltlons. as well os the speclllc needs of fomllles ond educators. We are excited to move forward with these flndings and look forward to expandlng the programme's Impact acrossthe UK You can read the full report on the My Next Steps Communlty Consultatlon on our webslte. Projectfimelin&. Ongoln$ wlth th• pllot sedUl•d for 2025 www.paradigmproject.co.uki 4 Reglstered Charlty Number. 1191206 n Lawrence Centre. 39 Brookmill Rood Trclor). SE8 4HU PARADIGV P R O J E C
PAGE18 Impact and Outcomes 3. Development of the My Next Steps Programme 'It's so powerful to know thatourvoices as parents have been centred in developing the My Next Steps programme. We all know how important the transition from primary to secondary school is and how overwhelming it can be. Parents need to be equipped with the right tools and supportto help our children navigate this change confidently. Being able to contribute to this important piece of workfelt meaningful, and I know itwill make a real difference for families like mine.. Quote from Parent .1 did the My Nextsteps programme before I started secondary school. and it really helped me feel ready. I liked how we gotto explore things in creative and fun ways. which made it easier to understand and talk about our feelings. It was great to be part ofthe conversations to help d8V8lop the programme so other children can f881 supported lik8 I wa&. Quote from Chlld Throughth8oommunltycon8ultatbn prooeBs. one olthe kgv ouMe$ wasihe development ol 0Th8oryof Chong8 lor them Inton Ide ourl ohlkJr•n. My N•xt 8t•p¥- Paradigm Project Annual R•port 2024 www.paradigmproject.co.uk Registered Charlty Number. 1191206 foryearendingo•o•è•r2o2l The siephen Lowrenc&Centre. 39 Brookmill Rood Lewlshom. London. 8E8 4HU PARADIGM P R O J E C T
PAGE19 Impact and Outcomes The Impact of Our Research These research projects ore notjust academic exercises but are designed to create real- world Impoct by empowerlng educotors, porents. ond students to engoge wlth ond challenge Ihe systems that perpetuate educational inequity. By focusing on lived experiences and community-driven solutions. these projects ensure thot our findings will be both relevant and actionable. The Cultural Humility Toolkit will provide educators with practical tools to bettersupport Block glrls. thus reduclng excluslons and fostering a more Ineluslve school 8nvlronment. The Race Equity Education Group aimsto transform anti-racist policies from being tokenistic to truly impactful. empowering communities to take ownership of the change they wantto see in their schools. The My Next steps Programme wlll b8come o more Incluslve and compreh8nslve offerlng thatsupports vulnerable chlldren durlng thelr crltlcal transition from primary to secondary school. ensuring they are equipped to succeed in their education and beyond. These projects, along with our contlnued work across the education sector. are an Integral port of ParadSgm Prolecfs ¢ommliment to moklng educailon more equStable and InclusSve for all young people. AL aradigm Project Annual Report 2024 www.p Ister igmproject.co.uk Charlty Num 9120 Rood IDr YUr er)dirig Duc*lmb•r ce Centre. 39 tsk PARADI? P R O J E
PAGE 20 Financial Ovetview In 2024. the majority of our funding has been directed towards supporting the research projects we are currently undertaking. These projects are crucial not only for understanding the systemic issues we are addressing but also for strengthening the evidence base of our programmes. By aligning our research with the real-world needs we uncover. we can dynamically respond to gaps in services and adapt our progrommes accordingly. While we are proud of the progress we have made, a key priority for Paradigm Project is ensuring financial sustainability. To reduce our reliance on potentiolly unreliable grants. we have been exploring various models to generate Income through our programme& Thls Is essentlal for bulldlng a more resilient and adaptable organisation, one that is not dependent on unpredictable funding streams. As we continue to expand and improve our offerings. we recognise the Importance of developing infrastructure and supporting core costs. To this end, we are actively seeking a fundraising specialist to help diversify our income streams. We see donations and corporate partnerships as key untapped areas that hold signiflcant potential for the future. By exploring these avenues further, we aim to bulld a more stable financial foundation for the long-term growth of Paradigm Project. A full financial report is available os an addendum to this document. providing a detailed breakdown of our finances for the year. Paradigm Project Annual Rep¢)rt 2024 www.paradigmproject.co.uk Registered Charlty Number. 1191206 foryeareMingD•o•thr2024 The Stephen Lawrence Centre. 39 Brookmill Road Lewlshom. London. SE8 4HU PARADIGM P R O J E C T
PAGE 21 Governance & Trustee Recruitment 2024 has been a significant year for the development and restructuring of our board. This year, we have welcomed new trustees who bring a wealth of expertise. skills. and experience to Paradigm Project. Their contributions are vital as we continue to strengthen our governance and work towards our strategic goals for the future. In the coming years. we are committed to ensuring that our board remains diverse. dynamic. and capable of supporting the ambitious plans we have in place. With this in mind, we have carefully selected trustees who align with our mission and bring specialist knowledge in key areas such as education. racial equity. fundraising. and governance. Meet our new trustees and learn a Ilttle more aboutthem below.. Nigel Kippax Co.Chair Focus Areo Chorlty l&od&rshlp, Trust&& board development, Govgrnon¢e I've worked at board level across both the commerclal and charlty sectors. I orlglnally quollfied In Chemlcol Englneerlng ond began my career In large International corporations. I later moved into a niche consulting flrm focused on strategy and organisational effectiveness. working with a range of clients across the UK Europe and Aslo. In recent years, my work has centred on the charity sector, where I've serv8d as a Chair ofTrustees, CEO ond Board Consultant. This has included working alongside mony inspirational charity and community leaders in and around Lewisham. supporting them to maximise the impactoftheirwork. I brlng to Porodlgm on understandlng of ¢horlty governon¢e. strategy ond board operations. along with a passion for solving problems at their root through innovation. collaboration and a willingness to challenge assumptions. k, Paradigm Project Annual R•port 2024 www.paradigmproject.co.uk Reglstered Charlty Number. 1191206 foryearendingo•thr2o2l The siephen Lowrenc&Centre. 39 8rookmill Rood Lewlshom. London. 8E8 4HU PARADIGM P R O J E C T
PAGE 22 Governance & Trustee Recruitment Aisha Sanusi Co.Chair R>cus Arett Strateglc development, Educotlon speclallst I'm the Co-Founder ond CEO of the Afrlcon Carlbbeon Educotion Network (ACEN), a natlonal organlsation connectlng over 8.000 Black parents. students. educators. and prof8sslonals who are commltted to addressing In8qulty and advanclng raclal justlce by improving access and experiences in education ond workplaces whereyoung Black people are underrepresented. Through both qualitatlve and quantitative data gathered from our members and partner Institutions. ACEN delivers a wide range of racial equity events, training, and consultancy servl¢e& To date. we've tralned over 20,000 students. teachers. and profes$Sonals In areas such as th8 case for racial Inclusion, strategic antl-raclsm approach8S, understandlng Instltutlonal ond structural raclsm, racial Ilteracy, and cultural competency. l also serve on th8 Educatlon Advisory Board of the Black Equity Organlsatlon (BEO), a national civil rights group working to end anti-Black racism in the UK and I'm a Church of Englon¢J Roclol Justlce Challenge Partner. colloboratlng to ¢Jismantle roclol dlsparltles across its Institutlons. In addltion. I serve as a Maglstrate. am a Trustee of the Dunraven Educational Multi Academy Trust, and previously served as the Lead EDI Governor for St Paul's School. My work is deeply rooted in a commitment to tackling structural Inequolltles ond bulldlng occountoble, Incluslve systems wlthln educotlon ond beyond. Paradigm Project Annual R•port 2024 www.paradigmproject.co.uk Reglstered Charlty Number. 1191206 foryearendingO•o•thr2024 The siephen LowrÈnc&Centre. 39 Brookmill Rood Lewlshom. London. 8E8 4HU PARADIGM P R O J E C T
PAGE 23 Governance & Trustee Recruitment Matt Geer Vice-chair Focus Arett Communlcotlons, morketlng ond publlc offolrs I'm an experienced communications professional with a background in journalism and a Member ol the Chonered InstSture of Publ1¢ Relorlons. Over rhe pasr 12 years, I've led communlcatlons, marketlng and public affalrs teams across the prlvate, publlc and charity sector& I'm passionate about connecting people to messages that drive social change. ond I've led campaigns fo¢use¢J on chlldren's social core, speclol eaucatlonal needs and dlsabllltles, poverty and soclal houslng. I grew up In South London and have worked In the educatlon sector, both In schools and wlthin educatlon charltles. I'm commltted to Impacting change through the work of Paradlgm Project ond supportlng the charlty to thrlve In empowerlng young people to reach theor full pot8ntlal. Paradigm Project Annual R•port 2024 www.paradigmproject.co.uk Reglstered Charlty Number. 1191206 foryearendingo•thr2ts2I The siephen Lowrenc&Centre. 39 8rookmill Rood Lewlshom. London. 8E8 4HU PARADIGM P R O J E C T
PAGE 24 Governance & Trustee Recruitment judith Topley Secretary Focus Arett Operotlons, Organlsatlon, siroteg5c Monogement As a qualified architect with over 20 years, experience in the built environment sector and pra¢rl¢e management I brSng extenslve organSsatlonal skllls (O the boord, along wlth people. operatlonal and strateglc management skllls. My role as ESG lead in practlc8 also means that l am familiar with aligning the needs of collaborators and other stakeholders to dellver positive impoct. I have a deep passlon lor equity, incluslon and soclal mobility thls has led to Involvemènt wlth various action groups,. the RIBA EDI Action Leaders Group- Equitable Work Experlence Subgroup and the Architecture Roce Forum Leadershlp Group to create much needed connectlons between buslness ond schools to strengthen coreer provlslon. especially In underr8pr8sent8d communltl8& Mycommltmentto chomplonlng equlty and Inclu$lon ollgns deeply wlth the mlsslon of Paradlgm Prolectond so I am delighted to be part olthe Board. Paradigm Project Annual R•port 2024 www.paradigmproject.co.uk Reglstered Charlty Number. 1191206 foryearendinglj•thr2o2l The siephen Lowrenc&Centre. 39 8rookmill Rood Lewlshom. London. 8E8 4HU PARADIGM P R O J E C T
PAGE 25 Governance & Trustee Recruitment Dr. Niquita Pilgrim FocusAreo Flnance. Sales. IT As a Chartered Psychologist and Co-Director of The Cultural Connection. I bring over a decode of frontllne experlen¢e In menral heal(h safeguordlng, and systems-focused practlc8- wlth a focus on addresslng raclal Snequltles through communlty-centred and evidence-based approaches. I currently serve as on NHS Associate Hospital Manager, ensurlng the rights ond dlgnity of Individuals ¢Jetolned under the Mental Health Act ore upheld. My experience spans deslgnlng and evaluatlng culturally responsSve, trauma-informed progrornmes dellvered In NHS, educatlon. and thlrd sector settlngs. Thls Includes servlces thot Improve mental health outcomes, reduce excluslons, and bulld more equltable systems of care for Black and raclally minorltls8d communltle& Porodlgm Project's mlsslon to drlve upstream. preventotlve change In educatlon reflects the kbnd of transformation I belleve is posslble when we centre chlldren's rlghts, Identity, and wellbeing in every decision. I'm honoured to contribute my expertise in research. safeguardlng. and strategy to help strengthen the systems that shape young people's Ilves. Paradigm Project Annual R•port 2024 www.paradigmproject.co.uk Registered Charlty Number. 1191200 forwreTvJingD•c•thr2024 The Stephen Lowrenc8 Centre. 39 8rookmill Ro Lewlshom. London. SE8 4HU PARADIGM P R O J E C T
PAGE 26 Governance & Trustee Recruitment Zainab Asunramu Focus Areo Research. AdvocacylPublSc Affalrs. Stakeholder Management With over a decade's experience in human rights and politics. I've worked with Internatlonal NGOS and UK Parllameni. I'm passlonare oboui humon rlghts, polltlcs. and encouraging polltlcal partlclpatlon. especlally among under-represented communltles. In senior parliamentary advocacy roles, I've shaped policies advancing gender ond roclol equality. As a Counclllor for Tham8smead East, I address local constltuents, concerns and scrutinize councll admlnlstratlon. I'm currently Deputy Leader of Bexley Labour and Shadow Cablnet Member for Chlldren's Servlces and Educatlon. I'm passlonate about Paradlgm Proj8Ct's work because I belleve In young people reachlng thelr full potentlal. regardless of thelr start In1Sfe. I'm committed to odvocatlng for dlsadvontage¢J youth foclng soclal inequallty. I look forwar¢J to contrlbutlng my $klll$ and worklng closely wlth Joel and Ihe board. Paradigm Project Annual R•port 2024 www.paradigmproject.co.uk Reglstered Charlty Number. 1191206 foryearendingO•o•thr2024 The siephen LowrÈnc&Centre. 39 Brookmill Rood Lewlshom. London. 8E8 4HU PARADIGM P R O J E C T
PAGE 27 Governance & Trustee Recruitment joel Dawes FocusAreo Youth Explobtatlon Specbollst I have worked in the youth justice system for the last15 year, working in custodial settings and the communlty. For the lasr (wo yeors I have been managlng projects In the Early Help space for chlldren who are at rlsk of serlous youth vlolence and exploltatlon. I have a passion for working with children who are affected byexploitation and supporting them to ochleve positlve outcomes. The work of the Para¢Jigm Project 1$ Important to me as It allgns wlth my bellefs as prolesslonal. Due to my current work I see the Impact whlch prev8ntatlV8 work has, and l am proud to be albgned wlth a charity that supports children through the dlfflcult transition periods in their lives. These new trustees, alongside our existing board members, will play a crucial role in ensuring that Paradigm Project continues to grow and succeed. We are exclted about the future and look forward to the contributions they will make as we work together to drive forward our mission. Paradigm Project Annual R•port 2024 www.paradigmproject.co.uk Registered Charlty Number. 1191200 forwrendingO•c•thr2024 The siephen Lowrenc8 Centre. 39 Brookmill Rood Lewlshom. London. SE8 4HU PARADIGM P R O J E C T
PAGE 28 Acknowledgements We would like to thank our dedicated trustees. staff. volunteers. and partners for their continued support and contributions. Special thanks to our funders. including Zingl. VRU. Impact on Urban Health and other key supporters. who make our work possible. ZING VRU Impact on Urban Health MAYOR OF LONDON Iii< PAHADIGM Paradigm Project Annual Report 2024 www.paradigmproject.co.uk Registered Charlty Number. 1191206 forwreTbJingD•o•thr2024 The Stephen Lowrence Centre. 39 Brookmill Ro¢ Lewlsham. London. SE8 4HU PARADIGM P R O J E C T
PAGE 29 Looking Ahead As we move into 2025. Paradigm Project remains steadfast in our mission to drive systemic change in the education system. We are excited about the opportunities ahead as we continue to expand. deepen our impact. and advocate for policy reform. We thank you for your continued support and look forward to collaborating with you to achieve our goals. Paradigm Project Annual Report 2024 www.paradlgmproject.co.uk Reglstered Charlty Number 1191206 IDr Èrtdiriy D•cqmb•rJOI4 The Stephen Lawrence Centre. 39 Brookmill Rood Lewisham. LoTrclor), SE8 4HU- PAFIADIGM J E C T
Trustees Report and Financial Statements for the Period 01 January 2024 to 31 December 2024 for
Paradigm Project
Paradigm Project
Contents for the Period 01 January 2024 to 31 December 2024
| Page | |
|---|---|
| Reference & administrative details of the charity, its trustees and advisers | 3 |
| Trustees report | 4 |
| Accountants reports | 5 |
| Statement of financial activities | 6 |
| Balance Sheet | 7 |
| Notes to the financial statements | 8 |
Paradigm Project
References & administrative details of the charity, its trustees and advisers for the Period 01 January 2024 to 31 December 2024
TRUSTEES: Nigel Kippax - Co-Chair - Trustee Aisha Sanusi - Co-Chair - Trustee Matt Geer - Vice Chair - Trustee Judith Topley - Secretary - Trustee Justin O'Neill - Treasurer - Trustee Dr Niquita Pilgrim - Board Member - Trustee Joel Dawes - Board Member - Trustee Zainab Asanramu - Board Member - Trustee REGISTERED OFFICE: Stephen Lawrence Centre 39 Brookmill Road LONDON SE8 4HU CHARITY REGISTERED NUMBER: 1191206 (England and Wales) ACCOUNTANTS: Starbridge 320 City Road London EC1V 2NZ
Paradigm Project
Trustee Report for the Period 01 January 2024 to 31 December 2024
The trustees submit the financial statements of the Paradigm Project (the charity) for the period ended 31 December 2024. The trustees confirm the annual report and financial statements of the charity statutory requirements of the charity's governing documents and the provision of the statement recommend practice (SORP) "Accounting and Reporting by Charities" issued in March 2005.
a. Constitution
The principle objective of the charity is to advance in life and help young people through the provision of mentoring, support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals.
b. Method of appointment or election of Trustees
The management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the trust deed.
Trustees' responsibilities
The trustees are responsible for preparing the Annual Report and the financial statements in accordance with the applicable law and United Kingdom Generally Accepted Accounting Practice applicable law and United Kingdom Generally Accepted Accounting Practice applicable to smaller charities.
Law applicable to the charities in England & Wales requires the trustees to prepare financial statements for each financial year which give true and fair view of the state if affairs of the charity and of surplus or deficit of the charity period. In preparing those financial statements the trustees have:
-
selected suitable accounting policies and applied them consistently
-
made judgements and estimates that are reasonable and prudent
-
prepared the financial statements on the going concern basis (unless it is inappropriate to presume that the charity will continue in operating)
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Acts 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the detection and prevention of fraud and other irregularities.
The trustees are responsible for keeping the maintenance and integrity of the corporate financial information included on the Charities Commission website. Legislation in the United Kingdom governing the preparation dissemination of financial statements may differ from legislation in order of jurisdictions.
28th July 2025
The report was approved by the trustees on …………………………………. and signed on its behalf by:
……………………………………………………..
Justin Nicholas Adair O'Neill - Trustee
28th July 2025
Date: ……………………………………………….
Paradigm Project
Accountants' Report for the Period 01 January 2024 to 31 December 2024
INDEPENDENT EXMINER'S REPORT ON THE ACCOUNTS
Report on the trustees/members for the period ended 31 December 2024 on the accounts set out on page 6 to 9.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
As described on page 4 the trustees are responsible for the preparation of the accounts and they consider that an audit is not required for the preparation of the accounts and they consider that an audit is not required for the year (under section 43 (2) of the Charities Act 1993 (the Act)) and that an independent examination is needed. It is my responsibility to:
-
examine the accounts (under section 43 (2) (a) of the Act)):
-
follow the procedure laid down in the General Directions given by the Charity Commission (under section 43 (7) (b) of Act)) and - state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINERS' STATEMENT
In connection with my examination, no matter has come to my attention:
(1) which give me reasonable cause to be believe that in any material respect the requirements:
-
keep accounting record in accordance with section 41 of the 1993 Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Act have not been met;
or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed ………………………………………………….
Y Ajala
28-07-2025 Date: ……………………………………………….
Paradigm Project
Statement of Financial Activities
(Incorporating income and expenditure account)
| Notes INCOME Administrative costs NET INCOME/EXPENDITURE |
2024 £ 82,437 68,628 |
|---|---|
| 13,809 |
The Statement of Financial Activities includes all gains and losses recognised in the year.
| Notes FIXED ASSETS Tangible assets 2 CURRENT ASSETS Debtors 3 Cash at bank CURRENT LIABILITIES Amounts falling due within one year 4 NET CURRENT LIABILITIES TOTAL ASSETS LESS CURRENT LIABILITIES CHARITY RESERVES Surplus 5 Retained Surplus TOTAL FUNDS |
Paradigm Project Balance Sheet 31 December 2024 |
£ 167 13,459 2 |
£ - 13,626 024 |
|---|---|---|---|
3 |
|||
| 13,626 - |
|||
| 13,626 | |||
| 13,809 183 - 13,626 |
The financial statements were approved by the director on ………………………………………..……. and were signed by:
…………………………………………………….. Justin Nicholas Adair O'Neill - Trustee
The notes form part of these financial statements
Paradigm Project
Notes to the Financial Statements
1. ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the exception of investments which are included at market value, and in accordance with the Financial Reporting Standard for smaller Entities (effective January 2007). The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP), "Accounting and Reporting Charities" published in March 2005 and applicable accounting standards.
Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Instruments & Equipment | ~ 25% reducing balance |
|---|---|
| Furniture & Fittings | ~ 25% reducing balance |
| Other Fixed Assets | ~ 25% reducing balance |
2. TANGIBLE FIXED ASSETS
| COST At 01 January 2024 Additions At 31 December 2024 DEPRECIATION At 01 January 2024 Charge for period At 31 December 2024 NET BOOK VALUE At 01 January 2024 At 31 December 2024 3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Credit card Loan Social securities and other taxes Other creditors 5. CHARITY RESERVES At 01 January 2024 Suplus for the period At 31 December 2024 |
2024 £ - - |
|---|---|
| - | |
| - - |
|
| - | |
| - | |
| - | |
| £ 167 |
|
| £ - - - - |
|
| - | |
| 2024 £ - 13,809 |
|
| 13,809 |
Paradigm Project
Statement of Financial Activities
(Incorporating income and expenditure account) for the Period 01 January 2024 to 31 December 2024
| Income Charitable activities Expenditure Advertising/Promotional Accounting Fees Charitable Activity Expenditure Contractor Costs Insurances Mentor Payment Office Rent Office/General Administrative Expenses Professional Services Fees Website Expenses NET INCOME/EXPENDITURE |
£ 82,437 2 |
£ 82,437 68,628 024 |
|---|---|---|
| 75 1,020 1,198 2,925 250 2,537 97 56,680 3,846 |
||
| 13,809 |
Trustees Report and Financial Statements for the Period 01 January 2024 to 31 December 2024 for
Paradigm Project
Paradigm Project
Contents for the Period 01 January 2024 to 31 December 2024
| Page | |
|---|---|
| Reference & administrative details of the charity, its trustees and advisers | 3 |
| Trustees report | 4 |
| Accountants reports | 5 |
| Statement of financial activities | 6 |
| Balance Sheet | 7 |
| Notes to the financial statements | 8 |
Paradigm Project
References & administrative details of the charity, its trustees and advisers for the Period 01 January 2024 to 31 December 2024
TRUSTEES: Nigel Kippax - Co-Chair - Trustee Aisha Sanusi - Co-Chair - Trustee Matt Geer - Vice Chair - Trustee Judith Topley - Secretary - Trustee Justin O'Neill - Treasurer - Trustee Dr Niquita Pilgrim - Board Member - Trustee Joel Dawes - Board Member - Trustee Zainab Asanramu - Board Member - Trustee REGISTERED OFFICE: Stephen Lawrence Centre 39 Brookmill Road LONDON SE8 4HU CHARITY REGISTERED NUMBER: 1191206 (England and Wales) ACCOUNTANTS: Starbridge 320 City Road London EC1V 2NZ
Paradigm Project
Trustee Report for the Period 01 January 2024 to 31 December 2024
The trustees submit the financial statements of the Paradigm Project (the charity) for the period ended 31 December 2024. The trustees confirm the annual report and financial statements of the charity statutory requirements of the charity's governing documents and the provision of the statement recommend practice (SORP) "Accounting and Reporting by Charities" issued in March 2005.
a. Constitution
The principle objective of the charity is to advance in life and help young people through the provision of mentoring, support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals.
b. Method of appointment or election of Trustees
The management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the trust deed.
Trustees' responsibilities
The trustees are responsible for preparing the Annual Report and the financial statements in accordance with the applicable law and United Kingdom Generally Accepted Accounting Practice applicable law and United Kingdom Generally Accepted Accounting Practice applicable to smaller charities.
Law applicable to the charities in England & Wales requires the trustees to prepare financial statements for each financial year which give true and fair view of the state if affairs of the charity and of surplus or deficit of the charity period. In preparing those financial statements the trustees have:
-
selected suitable accounting policies and applied them consistently
-
made judgements and estimates that are reasonable and prudent
-
prepared the financial statements on the going concern basis (unless it is inappropriate to presume that the charity will continue in operating)
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Acts 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the detection and prevention of fraud and other irregularities.
The trustees are responsible for keeping the maintenance and integrity of the corporate financial information included on the Charities Commission website. Legislation in the United Kingdom governing the preparation dissemination of financial statements may differ from legislation in order of jurisdictions.
28th July 2025
The report was approved by the trustees on …………………………………. and signed on its behalf by:
……………………………………………………..
Justin Nicholas Adair O'Neill - Trustee
28th July 2025
Date: ……………………………………………….
Paradigm Project
Accountants' Report for the Period 01 January 2024 to 31 December 2024
INDEPENDENT EXMINER'S REPORT ON THE ACCOUNTS
Report on the trustees/members for the period ended 31 December 2024 on the accounts set out on page 6 to 9.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
As described on page 4 the trustees are responsible for the preparation of the accounts and they consider that an audit is not required for the preparation of the accounts and they consider that an audit is not required for the year (under section 43 (2) of the Charities Act 1993 (the Act)) and that an independent examination is needed. It is my responsibility to:
-
examine the accounts (under section 43 (2) (a) of the Act)):
-
follow the procedure laid down in the General Directions given by the Charity Commission (under section 43 (7) (b) of Act)) and - state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINERS' STATEMENT
In connection with my examination, no matter has come to my attention:
(1) which give me reasonable cause to be believe that in any material respect the requirements:
-
keep accounting record in accordance with section 41 of the 1993 Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Act have not been met;
or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed ………………………………………………….
Y Ajala
28-07-2025 Date: ……………………………………………….
Paradigm Project
Statement of Financial Activities
(Incorporating income and expenditure account)
| Notes INCOME Administrative costs NET INCOME/EXPENDITURE |
2024 £ 82,437 68,628 |
|---|---|
| 13,809 |
The Statement of Financial Activities includes all gains and losses recognised in the year.
| Notes FIXED ASSETS Tangible assets 2 CURRENT ASSETS Debtors 3 Cash at bank CURRENT LIABILITIES Amounts falling due within one year 4 NET CURRENT LIABILITIES TOTAL ASSETS LESS CURRENT LIABILITIES CHARITY RESERVES Surplus 5 Retained Surplus TOTAL FUNDS |
Paradigm Project Balance Sheet 31 December 2024 |
£ 167 13,459 2 |
£ - 13,626 024 |
|---|---|---|---|
3 |
|||
| 13,626 - |
|||
| 13,626 | |||
| 13,809 183 - 13,626 |
The financial statements were approved by the director on ………………………………………..……. and were signed by:
…………………………………………………….. Justin Nicholas Adair O'Neill - Trustee
The notes form part of these financial statements
Paradigm Project
Notes to the Financial Statements
1. ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the exception of investments which are included at market value, and in accordance with the Financial Reporting Standard for smaller Entities (effective January 2007). The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP), "Accounting and Reporting Charities" published in March 2005 and applicable accounting standards.
Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Instruments & Equipment | ~ 25% reducing balance |
|---|---|
| Furniture & Fittings | ~ 25% reducing balance |
| Other Fixed Assets | ~ 25% reducing balance |
2. TANGIBLE FIXED ASSETS
| COST At 01 January 2024 Additions At 31 December 2024 DEPRECIATION At 01 January 2024 Charge for period At 31 December 2024 NET BOOK VALUE At 01 January 2024 At 31 December 2024 3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Credit card Loan Social securities and other taxes Other creditors 5. CHARITY RESERVES At 01 January 2024 Suplus for the period At 31 December 2024 |
2024 £ - - |
|---|---|
| - | |
| - - |
|
| - | |
| - | |
| - | |
| £ 167 |
|
| £ - - - - |
|
| - | |
| 2024 £ - 13,809 |
|
| 13,809 |
Paradigm Project
Statement of Financial Activities
(Incorporating income and expenditure account) for the Period 01 January 2024 to 31 December 2024
| Income Charitable activities Expenditure Advertising/Promotional Accounting Fees Charitable Activity Expenditure Contractor Costs Insurances Mentor Payment Office Rent Office/General Administrative Expenses Professional Services Fees Website Expenses NET INCOME/EXPENDITURE |
£ 82,437 2 |
£ 82,437 68,628 024 |
|---|---|---|
| 75 1,020 1,198 2,925 250 2,537 97 56,680 3,846 |
||
| 13,809 |