Charity registration nu]nb¢r. 1192263 Project 67 {A charitable incorporated organisation} Annual Rewl alld Fitl¢la1 Statements for the Year Ended 30 A[1 2025 McKellens Limiied I l Riverview The EmbaDk)nent Business Pk Vale Road Heaton Mersey Stockport SK4 JGN
Project 67 Contents Reference and Administrative Detsils Tnes, Report 2104 Independent Examinevs Report Statement of FiDancial Activities Balallce Sheet Notes to tht Finatictal Ststements 8tts17
Project 67 Reference and Administralive D¢tai Trustees K Keenan K N And¢T50n Charity ReglstratioD Number 1192263 RegL8tered 19 LiverwK)I Street Saiford M5 4LY Independent Examiner McKellens Limtted I l Riverview The Embalthent BsinesS Park Vale Road Heaton Met5ey stkpOrt SK4 3GN Bankers Natwest Bank PIC 182 Deansgate Manch¢st¢r M3 3LY Page I
Project 67 Trnstee8' Report The tsustees, who are directors for the pwyoses of company law. present the annual report together with the financial statements of the charitable company for the year ended 30 Awil 2025. Objectives and ¥4rtivities Objects anè alrns Proje 67 is ¢ornrnitted to the prOotion and protection of go(Ml health and the relief and rehabilitatiott of men and women whose liv¢s have be¢n impa(t¢d by drug aud oloohol addirtion. We strive to h1¢y¢ tbis by providing- • A safe. stsu¢tUTe& and sober living environrnent. An opportunity to engage in a 12-month recovery programme that fosters independence. supp)rts the maintenance of all addiction-free lifestyle, and empowers individuals to regain control of their lives. . A TaDge of activities, petsonal development wotk8hops, alld trnIttg SlOnS designed to enhance emotional, physical, psychologi¢aL and spirittthi well-beillg. . Ongoing 5llPPOrt through safe and appropriate therar*utic ititervelltions. heipitig individuals ttconnect with aDd rest(Trre r¢18tionships with their families. . Trainin& workshop% aDd volunt¢eTing opporWes to enco¢ aud 5LWQrt ind1vithl5 in rtr¢ntering education. fdIng employmenL aDd Suc$$fullY reintwpting into wiety. • Assistamce in secwing F¢Tman¢Dt housin& Objecliva. stralegies oclivilys The men alld women wlv) reside at our Sober Living facility follow a structured daily routine, which in¢lud¢s regular teachings, ethicati0rl programs trailbing day5, and fithess activtti¢s. Ten residents of both the ]n¢n's and women's homes attended the Fixed conference in Boln, where they participate in sernin8 aimed at supporting their addidion recovery. 10 graduates also served on teaDL We offer weekty sessions focused on life sktlls development and teachiw that encourage residents to study the Bible and share testimonies about their recovery progress. These sth810S help residents build confidence and improve their pllbli¢ speakxng abilities. They also have acc¢s$ to trauma coutsselling stssions fmm extenlll PTovid¢rs. The fellle residents tske part in the Code Red Proje¢ visiting indivi¢knls in h05te15 who are suffering from domestic violence twice a month and aDDualty deliver a patllF¢r day for sex workers. This initiative provides encouragement and gifts. Residents parficipated in Online VEll trn1 earning recognised credits that contribute towards their enty into Bible college. All residents are committed to vohmteering oll SuDday's and midweek event4 developing ftiendsbips and support outsid¢ of the homes. Page 2
Project 67 Trusttt8' Report Key achievements (2023-2024) . There bay¢ b¢¢n t¢D graduates this year. • Between Aptii 2024 and April 2025 the woffjcn's home Imd three resldents and the men's horne had fifteen to ttventy tesidents Five men completed the full progroll¢ to 8Taduati Grqnts No grallts were received ID this financial year. Public benefil The clwity re¢ogtLises its obligation to demonstrate that its purFrf)s¢s ar¢ for the public benefit. The trustees confirni that they have adhered to section 17 of the Charili¢s Act 2011 and have given due considera(ion to the public benefit guidance published by the Clwity Cunmi55ion for England Jnd Wales. Th¢ trumtts tonfirni that they have complied the requirements of gection 17 of the Charities Act 2011 to have du¢ regard to the public benefit guidance published by tb¢ Cbarity Con]mission for England alld Wales. Finaneial review Principolf¥ndlng $uur¢ The clwity relies on r¢ntai income fiDm sIdellts &$ its principa] source of funding. Inwm¢ frorn charitable activities amounled to £61,430 (£2022: £64290). Pollcy on resenys The Trustees have considered the level of reserves they wish to retain appropriale to the chartty's need5. This is based on the ChwiW5 size aud the level of fitmllcial commimients heltl The Ttee$ aim to wllr¢ the Charity will be able to conunue to fulfil its cbaritable objectives even if there is a temporary shortfall in incgme or ullexpected expenditure. The Trustees will ethdeavour not to set aside fillth unnttethy. Going concern The trustees Consider that there are no material unc¢rtsiDties about tbe charitys ability to ntillUe as a going concern nor auy 5igllificant areas of uncertainty that affed the carying calue of &ssets held by the charity. Should Project 67 Fd thelltselves in need of fmallciai &ssistan¢¢ in the future, Victory Outreach Manchester are willing to provide th¢ nccessary suppo Structurey governanee and maDagemeDt Orgdrtlsallondl slrnchlre There is a Board of Tntstees who meet regularly to I[ke strntcgic decisions. The TnLStees bave delegated the responsibility of overseeitig the day-ttrday op¢rnlions of the charity to the cbariws management team. As the tharity grows, capacity is being entarged with experts in financ¢ and athnini5trdtso Page 3
Projeet 67 Trst¢¢$' Report Statemellt of trustees. responsibilities The tsNstees are also the directors of Project 67 for the purposes of company taw) are responsible for pttpartng the tTUStees' report and the fmcial ststcments in accordance with applicable law and United Kingdom Accounting Standard5 (United King(k) Genernlly Accepted Accounting Practice), including FRS 102 "The Financial Rep)rting Standard applicabl¢ in th¢ UK aud Republic of Ireland" Company taw requires the trust¢¢s to prepare fmancial staments for each financial year. Und¢r wmpatty law the trustees must not approve the financial ststements unlS tbey are satisfied that they give a Iwe aud fair view of the stste of affairs of the cbaritable company and of the incoming resources and application of resources, including its income and expenditure. of the ¢hartthl¢ mpany for that period In preparing these financial Statements, the tsustees are required to: select suitable accounting policies and apply them Cons1Y. obsetve the Meth and principles in the Charitie5 SORP" make judgernents and estimates that reasonable and PTudenL state whether applicable accounting stsndard& comprising FKS 102 have be¢n followe4 subject to any terIal deparbjres disclosed and explained in the financial stst¢Ub¢T]ts" ond prepare the fall¢la1 statements on the goiDg concern b&sis ullless it is inappropriate to prtsume that the h8riiable company wi]1 continue in business. The trustees are resp)nsible for ke¢ping proper accounting record% that call disclose with reasonable acawacy at ally t1c the fllWICAal Ex)sition of the ¢baritable c¢)mpaDy and enable the to ensure that the financial statements ply with the Companies Act 2006. They are also r¢spon5ible for safeguard]ng the assets of the charitable olnpalry alld hence fortakitig reasonable steps for the prevention and detection of frdud and other irregularities. The trustees aTe responsible for th¢ maintenance aDd integrity of the ¢orpora and financial information included on the clwitsble compangs website. [ls[atiOn govemitig the ptrparation and dissemination of financial statemellts may differ from legisl10n in oth¢riurisdictiOll5. The annua] report was approv¢d by the trteS of the charity on 3 March 2026 aDd signed on beba]f by.. D Campsall Trustee Page 4
Project 67 Independent Examin¢r'$ Report to the tThtee5 of Project 67 ('the CompaDy') I report to the cbarity tru¢es on my exami0 of the accounts of the Company for the year ended 30 April 2025. Respon5ibilitie5 and b3sis of report As the ciwity's ttILStees of the Company (and also its dirT$ for the purposes of compally law) you are responsil)le for the preparation of the accounts in accordance with the requirements of the Cornpatii¢s A¢t 2006 ('the 2006 Act,). Having satisfied myself th&t the accounts of the Cojnpany are not required to be ajjdited under Part 16 of the 2006 Act and are eli7]e for in(lewident ¢xaminatioJ4 I report in respect of my examinatton of your c]wity's accounts a5 carried out under section 145 of the Charities Act 2011 ('the 2011 Act.). In caThyiDg out my examiDatioD I have followed the Dir¢¢ti¢)ns given by the Charity CoMmi10n under section 145(5Xb) of the 2011 Act. Independent eiamiDer's statement I have ¢oTnplet¢d my examinon. I confm that no mattrrs have come to my attention in connection with th¢ examillalion giving Tn¢ ¢ause to believe: l. accouDling records were not kept iti restrt of Prnject 67 as requir&1 by sectioll 386 of the 2006 ACL OT 2. the accounts do noi accord with those records" or 3. the accounts do not comply with the accounting requirfflD¢nts of se¢tion 396 of the 2000 Act other than any requirement that the accounts give a'l and fair view whi¢b Rs not a matt¢r considered as pwt of an independent examination: or 4. the accounts have noi been preparul in accordaDC¢ with thc metbo(Ls and principles of tbe Statement of Recommended Practice for accounting and reporting by rharities lapplicable to chaTitie5 prepariug their accounts in accordance with the FitMn¢ia] R¢portiDg Stsndard applicable in the UK alld Republic of Ireland {FRS 102)]. I have no concerns and have com¢ ri)S$ no oth¢r ttLatter5 ill conllection witb the exajnination to titCh attention should be draHTr in this r¢port ill order to eDable a proper UDderstanditig of the accounts to be reached. Paul Roper McKellens Limited I l Riverview The Ernbanknent Busin¢s5 Park Val¢ Road Heaton M¢rs¢y st(kport SK4 3GN 4 Mar¢h 2026 Page 5
Project 67 Statement of FinaDei*l Activities for the Year Ended 30 April 2025 n¢luding Income and Expenditure Ac¢ount and Statement of Total Recognised Gains and LO) Unrestricted fwids Restricted fNnds Totsl 2025 Nots Income and Enifowm¢Dts from: D(Fnations snd legacies Charitable activities 1.458 58285 1,458 58,285 Total income 59.743 59,743 Expenditsre on: Raisillg fillmjs Charitable a¢ttvitses (354) (53,45 (354) (58,922) (5,465) Total expenditure Net incotn&(expenditure) Nd movement in fLmds (53,811) (5,465) {59276) 5.932 {5.465) 467 5.932 {5,465) 467 Reeoneiliation of funds Total fund5 Efought foThvard 9,807) 18,494 8.687 Total funds carried forward 15 (3.875) Ullrestri¢i¢d funds 13,029 9,154 Total 2024 Restricted funds Note Income and Endowments from: Donation5 and legaci¢5 Charitable activities 21,845 51263 26.833 48,678 51263 Total incortle 73.108 26,833 99,941 Expenditmre OD: Raising funds Charitable activities (6.130) (74,059) (6,130) (85,198) 11,139) Totsl expenditure Net (expenditurevincome N¢t movement ID (80.189) (11,139) 91,328) (7,081) 15.694 8,613 (7.081) 15.694 8,613 Reconciliation of funds Totsl fimds brought forward Total funds carrted fonyard (2.726) 2,800 74 15 {9,807) 18,494 8,687 All of the ctwity's artivities derive from continuing operations Ihwiog the above two peri(NJs. The fiujds breakdoThn for 2024 is shown in note 15. The notes oll pag&8 8 to 17 forni an int¢gral part of th&%e fiTMncial statanents. Pag¢ 6
Project 67 (Registration number: ) Balance She¢t As at 30 April 2025 2025 2024 Note Fixed assets Tangible Lssets 2.111 2,066 Current 8sJets DebtOT5 Cash at bank and in band 12 13 14,039 1,761 17,957 710 15,800 18.667 Creditors: Amounts falling due witbin y¢ar 14 8.757 12,046) Net current assets 7.043 6,621 Net assets 9.154 8,687 Funds of the charity: Restricted ineome Dd5 Restricted fijnds 13.029 18,494 UDre5tricted itlcome funds Unrestricted fuTKi8 (3,875) (9.807) Total funds 15 9,154 8,687 For the financial year ending 30 April 2025 the charity elltitled to exemption from audit under section 477 of the Companies Act 21J06 relating to small ¢ompADies. Directors, responsibilities: The membus have not required tb¢ tsity to obtain all audtt of Ats accounts for the year in question in accordance with section 476. and The directors acknowledge their respon5ibilittes for complyxllg with the requirements of the Act with r¢sp¢¢t to accountillg records and the preparation of accouuts. The fInancl statern¢nts on pages 6 to 17 were approved by the t[stee5. and authori5ed for issu¢ on 3 March 2026 and sI¢d on th¢ir behalf by: D Campsall Trustee The notes on pages 8 to 17 forni an infrgrnl part of these financial statements. P¥g¢ 7
Project 67 Notes to tbe Financial Statem¢nts for the Year Ended 30 April 2025 I Charity ststus The charity is a charitsble incorporated orgallisatso 2 Aeeountillg p)Ileies Summary of signifKan¢ ¢¢OUDting policies aDd key #ceowititig estimates The principa] CoUntIng policies applied in the preparation of these fjDancial sfatements are set out below. These policies have been eonsisientty applied to all the years Present unless oth¢TWiS¢ 5tat¢(t Statement tsf eotllpliallee The financial ststemeDts have been prepared in accordance with Accounting and Reporting by chlties.. Statement of Recommended Pr11¢¢ (applicable to ¢FrAtieS prepartng their accounts in accordance '1th the Financial Reporting stallda applicabl¢ in the UK alld Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)). the Financial RepOrtU St8nd8rd applicable in the UK and Republkc of IrelaDd (FRS 102) and the CompaDies Act 2W6. Basis of prep¥4ratioD Proje¢t 67 me¢ts the definition of a public benefft entity Under FRS 102. Assets and liabilities are initially recOlIS¢d at historical cost or Iransaction value unless otheTBW stated in the r¢l¢vallt accounting policy notes. Going eolltern The ttwtees consider that ther¢ are no material uncettiinties about the chariws ability lo continue &$ a going concern nor any significant areas of uuc¢rt¥iDty th& affed the canying value of assets held by the ctwity. Exemption frotD PTeprillg a cash flow statement The charity adopted Bulletin I published on 2 F¢bnJAry 2016 and have therefore not included a cash flow stat¢ellI in these finattcial statements. Ineome lllld endowments All income is recognised once the chtirity has eniitlement to the income. it is probable that th¢ iOrne will be receive and the amount of th¢ inwm¢ r¢ccivable can be rnWud reliably. DonulioKF und legacies Donations are recognised wh¢n the chartty blq been notified in MTiting of both the am¢)unt and s¢ttlernent date. tn the event that a donation is Subje to conditiolls that require a level of perforniance by the charity before the ¢Ilty is entitled to the fids, the incom¢ is deferred and not recognised ulltil either those conditions ar¢ fully meL or the fulfiiment of those condition5 Rs wholly witlhm the control of the charity. and it is probable that these ¢onditions will be fidfilled in the reFrf)rtiDg p¢ri(Ml. Grants reeehble Grattts are recogllised when the charity h&3 an entitlemtht to the fimth 8lld any conditions linked to the grdnts have been tt. Wbere perfomiance conditions are attached to the grdllt and are yet to be Jnel the income is re8iSed as a liabikty and included on the bala¢ sb¢d &s defrrr¢d income to be rele&8 Page 8
Projeet 67 Notes to the Financial Statements for th¢ Year Ended 30 April 2025 Expenditure Ail expenditUTe is recognis¢d once there 15 a legal or consknjdive obligation to that expenditure, it is probabl¢ settlement is required and th¢ alnouut can be e&SUrd Eeliabty. All costs are allocated to the applicable expeJLditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings. they have been allocated on a basis coll5iStent with the use of resources. with central staff costs allocated on the b&sis of titne spenL and deprecialion charges allocated on the portion of the asset's use. Other suppon costs are allocated bd on the spread of 5ts1Tcosts. Ratslftgfunds These are costs incwred in attracting vohmtsry incomA the nJanagetnt of illvestments alld those incurred in trddillg activities that ratse fijnds. Charltable elIVleS Charitable expenditure comprises those costs incwred by the charity the delivery of its activities and setvices for its beneficiaries. It includes both costs that can be allocated directly to sucb activities attd those costs of an indirect naturt nece&wy th supw>rt them. Support COSts Support costs imclude centrdl fimctions and have been allocated to activity cost categories on a b1$ consistent with the us¢ of resources, for exalnple. allocating pmperty costs by floor areas, or per Capi ¢osts by th¢ time spent and other costs by their usage. Governallee eosts These include the costs attributable to the ¢baTity's compliance with constitthtioJ]al alld stabjtory requirements, includÉng audiL strategic tnanageJDent and trustees, meetings and reimbursed eXe$. Taxation The charity is considered to pass the tests set out in Pardgrdpb I S¢be(knle 6 of the FIn¢t Act 2010 and therefore it me¢ts the definition of a charttsble company for UK corporation tsx pU0$e5. AordInglY, the charity is potentially exempt from ttion in respect of income or capital gains received Mrythin categories covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent such inwme or gains are applied exclusively to charitable purw)ses. TaDgible rued assets Individual fLxed &8sets costing £S(X).LH) or more are inittally recorded at C05L Depreelatioll attd AmortisatioD Depreciation is provided on tangibl¢ fixed &s5ets SO &$ to write off the cost or valuatioll less ally estimated residual vame. over their expected useful ¢conomic lif¢ &$ follows: Asset class Fixtures kmd fittings Motor vehicles Depreciation method and r*te I/9 straight line 25Vo straight line
Project 67 Notes to the Financial StatemeDts for the Year Ended 30 April 2025 Trade debtor$ Trade debtors are amounts thje from customers for merchandis¢ 501d or s¢rvi¢¢s Ferforml in the ordinary course of business. Trade debtors ar¢ 0]13¢d initially Ht the IrHnsadion price. They are subsequentty measutEd at amortised cost ussng th¢ eff¢rtive interest rneth(ML less provision for impainnenL A provision for the impainnellt of trade d¢btors is ¢5tablish¢d when ther¢ is objective evidence the charity will not be able to collect all amounts due a¢¢i)rding to the original tern ofthe rKeivables. Cash and cssb equivalenty Cash and cash equivalents comprise cash on halld and call dysits. and other short-terni high]y liquid investsnents that are readily convernl)le to a known amount of (zth and are subj¢ct tt) an insignifiwt risk gf change tti value. Trade creditors Trade creditor5 are obligatioT]S to pay for go(ML5 or services that have been acqutred in the ordinary course of busiDe55 from supplieT5. Accounts payable are c1&5sified as current liabiltties if the Chlty does not have an unconditional righL at th¢ end of the r¢wrting perio( to defer settlement of the credÉtor for at least twelve months after the reporting date. If there 15 an unconditional right to defer settlement for at le&%t twelve mollths afier the reporting dth, they are presented as non-current liabilities. Trade creditors are recognised initialty at the transaction price and subsequently urEd at aOrtised cost Using the effective interest method. Fund stTucthre uleStrIcted inco¢ fitttd5 are general that are available for us¢ * the truslee's di$e¢loll in fiern¢¢ of the objectives of the cbarity. Restricted income fimts are those donated for ill a PArticul#r ar¢a or for spxific PUTPOS¢¥ the us¢ of which ts restricted to that area or purpose. Page 10
Project 67 Not to th¢ Financial Statements for the Year Ended 30 April 2025 3 1D¢orne frow donalions and legacA&s UDrngtrieted funds General Totsl 2025 Totsl 2024 Donations and legacies- Donations frojn companie& trusts and similar proceeds Donations froTll tndividua]s Grants, including capital grants" Grallts from other charities 1,000 10.678 1.458 1,458 37,000 1,458 1,458 48.678 4 Ineome from eharitsble activities UDrestricted ruDds General Totsl 2025 Totsl 2024 Rent Received 43289 14,996 43,289 14,996 42,719 8.544 Communal Contributions 58285 58285 51,263 5 Expenditure on Yaising fundj a) Costs of generating donations And Iy¢i¢s UDre5tricted funds Generdl Total 202S Totsl 2024 Donati(bDS 354 354 6,130 Page 11
Project 67 Notu to the Financial Statements for the Year Ended 30 April 2025 6 Exp¢nditsr¢ ¢haritable adivities Unrestrieted IndS General Restricted funds Total 2025 Totsl 2024 Nots Direct charitable expenditure Staff costs Allo¢at¢d support ¢osts 43.159 220 43,159 5,685 56,026 12,807 5,465 8J40 1,738 8.340 1,738 15,791 574 Governance costs 53,457 5,465 58,922 85,198 7 AnalysL8 ofgovernance ¥4nd support costs Governance Costs UDfestricted Ivnds General Totsl 2025 Totsl 2024 Independent examiner f¢es Examillthon of the financial ststements l£gai ftts 810 928 810 700 126 1,738 1,738 574 8 Trusttt5 rewuneratioD atsd ¢xpenses No trustees. Thor atty petsons cot)nected with have received any remuneration from the Chatity during the y¢8r. No trtee5 bave received any rexmbursed exses or any otber ttnefits from the clwity durmg the year. Page 12
Project 67 Notes to th¢ Fillaneial Statements for tbe Year Ended 30 April 2025 9 Staff costs The aggregate pa>11 costs were as follows: 2025 2024 Staff eosts during the year TFere: Wages and SaleS Social s¢¢ilty tosts Pension costs Other staff costs 5.368 12,167 332 308 97 220 5.685 12,807 The monthly ayerage number of pers[ (in¢luding senior management I leadership team) ¢p10Yed by the charity during the year expressed as fi1 litne equival¢rt% follows: 2025 No 2024 Raising and Chilable a¢tivits¢5 1 (2024- 1) of the above employees participaled in the D¢fined ContnThution Pensioll Schemes. Contributions 10 tbe ep10ytt pension schemes for the yearti)tsll¢d £97 {2024- £308). No eployee received emoluments of more than £60.000 durAng the year. Page R3
Project 67 Notes to the Financial Statements for the Year Ended 30 April 2025 10 TaxatiOD The clwity is a registered chatity and 15 th¢Tefore exempt from tsxatio 11 Tangible red assets Furntture attd equipment Totsl Cost At l May 2024 At 30 Apri] 2025 3.944 Depreciatioll At l May 2024 1,833 1,833 At 30 April 2025 1,833 1,833 Net book value At 30 April 2025 2,111 2.111 At 30 Aprii 2024 2.111 2,111 12 DebtOTS 2025 2024 Prepayments Other debtor5 2.931 11,108 3,277 14,680 14,039 13 Cash and 5h equivalents 2025 2024 Cash on Cash at bank 26 684 1,761 1,761 710 Page 14
Projeet 67 Notes to the Financial Statements for the Year Ended 30 April 2025 14 Creditory: atllounts falling due T¥itbin ODe year 2025 2024 Trade creditors Accn 6.757 9231 2,815 ,757 12,046 15 Funds BJlaDce #t I May 2024 ID¢otning resources ResoMr¢es expended Balance at 30 April 21125 Unrestricted fllnds General 9,807) 53,811) (3,875) Restrieted Fund5 Restricted Funds {Other) Lottery Commutiity Fulld 213 18281 213 12,816 {5,465 Total R¢stricted funds E8,494 5,465 Totsi fun 8.687 59.743 59.276 9,154 Balafjce at I May 2023 Incoming resovrees Resources expend Balance at 30 April 2024 Unrestricted funds General 2.726 73,108 (80,189) (9,807) Restrietsd Fllttds Restricted Funds {Other) Refurbishment of homes 833 {620) 8,800) 213 2,8(KJ Ttstal Restricted flld$ 2.800 9,420 213 Total fund5 74 89,609 9.594 Pag¢ 15
Project 67 Notes to the FinaneRal Ststements for the Year Ended 30 April 2025 The specific purposes for whictrL the fillKL% are to be applied 8T¢ follows: The National Lottery Commuuity Fulld is fidillg salary costs of w0erS at a supwjrted living project. During the Current year and prior year. funds were received to be ed foT the refurbisbmeDt of the sober living homes. Other restricted fi]Thd5 We r¢¢eiYed in the current and prior years to pay for a Cbristmas Meal. Also included in 'other r¢strict¢d fiujds, are donatiODS to be ed in supportill8 Olle of the gtaduat¢s froni the homes in fiuther studies. At the year eniL the balance to be for this purpose w&s £213. The ¢harity received funds in the prior year with a rEstriction that th¢ funds must be used for mental health alld addi¢tion mentoring. Funds were donated to the charity in the prior year for'code Red, to meet travel expenses. 16 Analysis of net assets behveell fund5 UDrestiided ruDds General Totsl funds at 30 April 2025 Restrirted funds TaDgibl¢ fiK¢d as5¢ts Current assets Current liabilities 2.111 2,771 (8.757) 2,111 15,800 8,757) 13,029 Total nei atsets (3.875) 13,029 9.154 Unrestricted funds General Total fllnds at 30 April 2024 Restricted fllnds Tangible fixed assets Current &%sets CurreDi liabilitte5 2,066 18,667 12,046) 173 (12.046) 18.494 Totsl net assets 18.494 8,687 Page 16
Project 67 Notes to the Financial Statements for the Year Ended 30 April 2025 17 Related party tran53rtion$ During the year the cljarity ade the following related party trdll5actioDs: Vietory Outreath Mallcllester En November 2020. this Charitable [ncOrpor OrganiOn (CIO) was registtr which took on the responsibilitie% of the homes (Sober Livtng Facilities) from Victory Outrcath Manchester (Reg CharÈty No 1167670) all L¥sets and liabilities relating to the hoe$ traSferred to th¢ ¢lwity. E Curti4 a trw5tee of this ¢h8rity, is employed by Victory Outreach Manchestrr. During the year, Victory Outyh Manchestff gave a donation of £nil (2024: £4,088) towards the rLWnl wsts of the charity during that period. During the year. Project 67 paid rent of £1 1.700 (2024.. £9.900) to Vict¢)ry Outreacb Manchester. Historically both charities have paid costs on behalf of each other. including lIty and telephone bills, bLK)kkeeping fees and wages. Both charities have taken Steps to [¢the these tra[ons over the year. Included in other debtors at the year end is a balance oThitig from Victory treach Manchester to Project 67. This includes an amount of fidIng received by Project 67 1)ich wa8 held by Victory Outre2¢h Manchester oll behalf of Project 67 in addition to ÉransactioLs beNeen the clwities. At the balance sheet date the amount due fro]n VÈctory Outreach Manchester w&8 £9206 (2024- £14,680). Page 17
Project 67 ststement of Financial Activities by fund for the Year Ended 30 April 2025 UDrestricted Funds Total Total Unrestricted Unre5trieted Funds Funds 2025 2024 IDeome and from: Donations and legacies Charitable activities 1.458 58.285 21,845 51263 Total iucome 59,743 73,108 Expelldithre oll: Raising fut)th Clwitable activities (354) 53.457) (6,130) 74,059) Total expenditure (53,811) 80,189) Net in¢orn¢l(¢xpenditure) 7,081) N¢t moY¢rnent ip fid5 5,932 17,081) ReconcilialioD of funds Tthal fijnds brought foThvard Totsl fitllds carried fonvard (9,807) 726} 3,875 9,8071 This page does not form part of the statutory financtal statetllents. Page 18
Project 67 Statement of Financial Activities by fund for the Year Ended 30 April 2025 Restricted Funds Total Restricted Funds 202S Total Restrieted Funds 2024 Income and EndoTvments from: Donaiions and leg]¢$ 26,833 Total iTh¢¢)m¢ 26,833 Expendithre on: Charitable activities 5.465 11,139) Tijtsl ¢Xp¢ndjtie (5,465) (11.139 (expenditure)lin¢om¢ (5.465) 15.694 Net movement in funds {5,465) 15.694 Reconciliation of fndS Total fun&% brought forward 18,494 2,800 Total fimds carried foTw8rd 13,029 18.494 This page do¢$ Dot forni part of the ststut(ry fmallcial strtements. Page 19
Project 67 Detailed Statement of FiDaDeial Activities for the Year Ended 30 April 2025 Total 2025 Total 2024 Ineome and Endowments from: D(Trllation5 and legacies (analysed below) Charitable activities (aJMlysed below) 1,458 58285 48,678 51263 Total illcome 59,743 99,941 penditure Raising fun(b (analysed below) Charitable activities (YSed below) {354) (58,922) (6,130) {85,198) Total expenditure 59,276) 91,328 Net income 467 8,613 Net rnovernent in fi]nds 467 8,613 Retoneiliatiott of fundy Total funds brougbt fonyard Total funds carried fonvard 8,687 74 9,154 8,687 This wdge does not forni part of the statOry financial statements. Page 20
Project 67 Detailed Statement of Financial Acliyities for the Year Ended 30 April 2025 Totsl 2025 Totsl 2024 Don4lions andleg4cieJ Donations One Off Donaiions One Off Donatitsn8 One Off Grant Funding Grant Funding Grdllt Fundillg 1.458 9,845 833 1,000 12.000 5.000 20.000 1.458 48.678 Charltllble oetlvldes Rellt Received Communal ContributiOD5 43.289 14,996 42,719 8,544 58.285 51.263 RuiFingfuRd% Fwjdraising Costs (i54) 6,130) 354 6,130 Churitable ucllvlll COUUal Food alld ExS Vol R¢cov¢ry Holne fees Rent {9,833) (401) {18,900) (4,624) (3.869) (289) (2,379) (6,424) (17,100) {3210) (10.742) LighL Power, Heating Equiprnellt Purcbases SAnall (less than •500) Repairs & Maint¢nan¢¢ Repairs & Maintenance Building Illsurduce IT Software arld co[ndb1Cs Telepholle & tntemet Printing & Stationery SubsCriPtiOD5 General Expenses tDsufdDce Event Costs Eyent Costs 17,045) (8,800) (1.566) (159) (827) (1.586) (55) (561) (33) (260) (379) (1,278) (250) {496) {861) (1,139) (793) (620) (10,555) (1,612) (273) (59) (260) Sa]arie$ Salaries EMployS National Insurance Etnployers National Insurance P¢nsions Costs (5.368) This page does not forni part of the statutory fu¢la] statements. Page21
Project 67 Detailed Statement of Financial Activitie5 for the Year Ended 30 April 2025 Total 2025 Total 2024 Pensions Costs Staff Training Trav¢l- TrniDS ¢1 Travel- international Motor Vehicle Expenses Motor Vehirl¢s Insuranc¢ Book-keeping and Payroll services Bak and Finance chae$ DepreciatlOD ExpeD5e- Equipment Audit & Ac¢ountanry fees l£gal and Professional Fees 197) (220) (146) (48) (349) (581) 13238) (1.786) (5,475) (82) (524) (700) (1.368) (1,432) (2.767) (284) (805) (810) jj (928) 126 158,922) 85.198 This page does not form part of the stalutory financial statements. Page 22