Charity Number: 1194403
Operation Reach
CIO (Charitable Incorporated Organisation)
Trustees Annual Report and Unaudited Receipts and Payments Accounts
for the year ended 30 September 2024
Operation Reach pnwides transformative adventure5 foryoungpeople.
to build their life skills & help them reach theirpotentsal
info@operationreach.org.uk
operationreach.org.uk
Operation Reach is a registered charity in England and
Wales No.1194403. Registered office.. 77 Woodsrock Roct
Oxford OX2 6HL

Operation Reach
Contents
Page
Trustees and Other Information
Trustees. Report
Independent Examiner's report
Receipts and Payments A¢¢ounts
Sfatement of Assets and Liabilities
Notes to the Accounts
info@operationreach.org.uk
operationreach.org.uk
Operation Reach is o reglstered Charity in England and
Wales No.1194403. Raglsrèred ofllce." 77 W(M)cl$tock Roud,
Oxford, OX2 6HI

Operation Reach
Trustees and Other Information
Trustees
Miss Flora Vasey
Mr Rene Campbell
Miss Leila Jarvis
Mr Ho Yeung (Henry) Kwok (Resigned on 14 January 2025)
M5 Christine Van Der Guch¢
Ms Georgina Louise Bartlett (Appointsd on I I September 2024)
Ms Qixin Li (Appointed on 8 January 2025)
Ms Claire Eggar (Appointed on 8 January 2025)
Charity number
119403
Registered office
77 Woodstock Road
Oxford
OX2 6HL
Independent examiner
Trevor James FCA DChA FCIE
Key management personnel
Mrs Olfvla Hill (Volunteer CEO)
info@operationreach.org.uk
operationreach.org.uk
Operation Reach is a roglstergd charity in England and
W¢¥les No. 1194403. R8gist8r8d offi¢e-. Tl Woodstock Road,
Oxford, OX2 6HL

Operation Reach
Trustees. Report
Year ended 30 September 2024
The Trustee5 present their report and financial statements for the year ended 30 September 2024.
The Trustees confirm that the Annual Report and Rnancial Statements of the charity comply with
the current statutory requirements, the requirements o* the charity's governing document and the
provisions of the Statement of Recommended Prac¢i¢e (SORP), applicable to charities preparing their
accounts on the receipts and payments basis.
Objectives and activities
Policies and oblectlves
Operation Reach provides transformative adyentures for young people. to build their life skills and
help them reach their potential.
b. Artivities for achieving objective5
Operation Reach provides young people aged 16 to 18 with the opportunity to trnvel overseas to
experience a distinct culture and complete a demanding, physical challenge. The charity the
provides ongoing support through an 18-month mentoring programme, focussing on advice and
guidance for university and work experience opportunities.
. Public benefit st74tement
The Trustees confirm that they have compiled with the dury in section 17 of the Charities Act 2011
to haye due regard to the Charity Commissions, general guidance on public benefi( "Chariues and
Public Benefit"
Achievements and performance
Review of activities
As awareness of our charity grows amongst young people, so do the number of applicants. This year
we had close to 50 eligible {free school meals, first generation tertiary education and strong
academic credentials) applicants for only 14 places. This gaye our trustees quite a challenge in
info@operationreach.org.uk
operationreach.org.uk
Operation Reach is a registered chafity in England and
Woles No. 1194403. Registered office". 77 Wwdstock Ro¢xL
Oxford, OX2 6HL

selection but a150 meant that the young people we chose really were those for whom Operation
Reach could make social mobility a realiry. The Reachers 2024 ultimately chosen demonstrated.a
drive to achieve,. had tough 50cio-economic barriers to overcome; and, were Supported by strorbg
references from their teachers- either identifying a clear need to build life skills or someone whose
horizons were too narrow through lack of opportunity. The Reachers 2024 are also the broadesc
group in terms of interests and career aspirations which has led to our m05t diverse industries being
utilised including, for the first time, doctors. technology firms and architects.
The Reachers 2024 are 50 proud to have been selected for this opportunity, and have demonstrated
enduring commitment to the values and purpose of this charity. Speaking with the volunteers when
they returned Irom Indi4 they were immensely proud of how well each young person adapted to the
new cultural experience and physical challenge. Whi15t there were certainly testing times, all the
Reachers made it through and grew in confidence as a result.
The programme continues to create valuable opportunities- whether it's welcoming Reachers into
the workplace to experience office life and connect with recent graduates, exploring museums. or
facilitating introductions with profe5siona15 in their fields of interesL The mentoring programme
started in September 2024, and is a wonderful opportunity for the Reacher5 to widen their network
of professional contacfs. All the pairings are golng well. each taking its own path depending on the
interests and needs of the young person.
Following their triB mentors have been providing tailored support with UCAS applications,
apprenticeship opportunities, and interview preparation. ensuring each Reacher feels supported to
take their next steps be that their final year of School, gap years. university of the workplace.
Most recentEy, the Reachers attended our annual Photography Exhibition - an opportunity for a
reunion., to see memories from their trip., and. m05t importantly, engage with our donor network.
Again, there was 2 significant sense of achievement to watch the confidence with which these young
people can now engage with adults. and thus broaden their horiions ever further.
Financial Revlew
The charity's receipts for the period were £37,607 2nd Consisted of £26.000 from grants, £9,311
from donations and £2,296 fundraised by Reachers and volunteers.
Payments for the year were £49.4¢)6 of which £45.813 was for expedition costs, training day and
associated insurance.
info@operationreach.org.uk
operationreach.org.uk
Operation Reach is a registered charity in England ond
Woles No. 1194403. RegIste￿d ollice-. 77 Woodstock Road.
Oxford, OX2 6HL

For the year ended 30 September 2024, there was a deficit of payments over receipts of £11,799.
There was a surplus of receipts over payments in the prior year of £19.090.
Funds of the charity were £10,099 as at 30 September 2024.
Going concern
The Trustees have a reasonable expectation that the charity has adequate resource5 to continue in
operational exIs￿nce for the foreseeable luture. For thi5 reason they ¢ontinue to adopt the going
concem basis in preparing the financial statements.
b. Reserves policy
The charity's reserves policy aims to..
provide the charity With adequate financial stability and the mean5 to address any unforeseen
circumstances-
ensure the continuity of services for all beneficiarie5 Without unnecessary interruption. and
ensure that restritted and unrestritted funds are managed in an appropriate manner.
Given the early stage of establishment of the charity, the Trustees recognise that it was a challenge to
build reserves in the Current economic climate.
The CEO and Trustees will continue to keep the reserves needs of the charity continually under
review. The appropriate level of free reserves necessary for the efficient management of the charity
is a5se5sed to be approximatety costs relating to organising an expedition for one future cohort plus
three months operating expenditure.
As at 30 September 2024. there was a balance of £1 0,099 unrestricted funds.
. Post Balance Sheet events
The Trustees confirm thac there were no post balance sheec events that might have an impact on the
financial position of the charity as of the reportlng date.
Structure) governance and management
Constitution
Operation Reach is governed by its Con5t¢tution. It became a registered CIO on 10 May 2021.
b. Method of appointment or election of Trustees
info@operationreach.org.uk
operationreach.org.uk
Operation Reach is a regisrered charity in Engknnd ar
Wales No. 1194403. R￿iStered office.. 77 Woodstock Rood,
Oxford, OX2 6HL

The management of the charity is the responsibility of the Trustees who are elected and co-opted
under the term5 of the constitution. An interview process is in place in the appointment of the
Trustees. The final decision to appoint is voted on by the Trustees.
Policies adopted for the Induction and training of Trustees
Trustees are Subject to interviews and DBS checks prior to being appointed. All Trustees have a clear
role description including specific roles and respon5ibllide5. Training is given by existing Trustees and
they have the optlon to meet the Reachers (subject to the necessary checks having been performed)
through the interyiew process. training day and at fundraising events.
d. Organisational strurture and decision making
There are seven appointed Trustees who are responsible for oversight of the charity and effe¢¢ive
management of its resources as at the date of this report Day to day responsibility for operations is
delegated to the Volunteer CEO as set out in their contract {unpaid). All major decisions such as
selec¢ing of vendors and use of financial re50urce5 are discussed and voted on by the Trustees.
. Rlsl< management
The Trustees have assessed the major risks to which the charity [5 exposed. in particular those
related to operations and finances of the charity. and are satisfied that systems and procedures are in
place to mitigate its exposure to the major risks. The charity has an insurance policy in place to
mltlgate some of the operational risks.
A separate detsiled risk assessment for the Reachers, expedition was also prepared by the travel
agency that the charity partnered with and reviewed by the CEO and trustees.
Trustee's responsibilities statement
The Trustees are responsible for keeping proper accounting records that disclose with rea50n2ble
accuracy at any time the financial position of the charity and enable them to ensure that the financial
statements compty with the Charities Act 201 l. the Charity (Accounts and Reports) Regulations
2008 and the provisions of the charitys constitution.
The Trustees of a charity registered in Erbgland and Wales that is not a company are permitted under
Section 133 of the Charioes Act 201 I to prepare receipts and payments accounts provided the
charitys gross income is not over £250,000.
info@operationreach.org.uk
operationreach.org.uk
Operation Reoch is o registered charity in England and
Wales No. 1194403. Reglstered oHice.' 77 Woodstock Road
Oxford, OX2 6HL

The Trustees are responsible for preparing the Trustees, annual report and accounts in accordance
with applicable law. They are also responsible for safeguarding the assets of the charity and hence for
taking reasonable strps for the prevention and detection of fraud and other irregularicies.
This report was approved by the Trustees on 21 st May 2025 and signed on their behalf by..
Claire Eggar
Trustee
inlo@operationreach.org.uk
operationreach.org.uk
Operation Reach is a registeTed charity in England urKI
Woles No 1194403. Registered office.. 77 Woodstock Road.
Oxlord, OX2 6HL

°The hike was a real test and pushed me both physically and mentolly, it was
very rewarding and I felt like I could do anything after completing such a
challenging task"
2024 Reacher
-1 feel very prlvlleged to have been part of the 2024 Reachers group. The trlp was
extremely unique and I wos able to explore a part of the world that is rich in
both culture and history - much of which we were taught when visiting the Taj
Mahal & the Red Fort in Agra. Despite the hike being challenging, it taught me
how to be resilient and ollowed me to form closer bonds with the other
Reachers. After the hike. I was paired with an excellent mentor who helped me
with my application to medical school & now continues to support mg while
preporlng for interviews. Being a Reacher has given me an experience that i
cannot find elsewhere and an opportunity to develop skills that will benefit ma
for the rest of my life"
2024 Reacher
"He is so on top of everything - his university oppli¢otions. his studies. his
additional work at school etc - and was absolutely thrilled to hove improved his
predicted grades so dramatically. Very impressivel"
2024 Mentor
1nfo@operationreach.org.uk
operationreach.org.uk
Operation Reach is a registerod chtsrlty in England and
Woles No. IT94403. Registered oth'c8'. 77 Woodstock Rood,
Oxford, OX2 8HL

Operatlon Reach
Independent Examlner's report to the Trustee$ of Operation Reach
Year ended 30 September 2024
I report to the charfty Trustees on my examlnation of the accounts of the Operatlon Reach (the
charity) for the year ended 30 September 2024.
Responslbllltlès and basls of report
A5 the Trustees of the charitabie Incorporated oryanlsarlon you are responsible for the pr¢p3f4tion
of the accounts In accordance with the requlrements of the charl￿¢$ Att 2011 I'the Act,).
I report in respert of my examination of the charity's accounts carried ouc under section 145 of th•
Act and in carrying out my examination I have fallowed all the applicable Direcdons 8iv4n by the
Chariy Commission undér sertlon 14515)(b) of the 2011 ACL
Indopgnd•nt Ex•mlner's rtatem•nt
I have completed my ex&mina¢ion. I confirm that no material matters have come to my attention In
connectlon with the examination giving me cause to belleve that in any material respect..
accounting records were noc kept In respect ot the chariry 45 required by 5ectlon 130 of th•
ACL or
• the accounts do not accord wl¢h those records
I have no concerns and have come across no other matters In connectlon wlth the examlnatlon to
which attention should be drawn in thls report in order to •nable a proper understanding of the
accounts to be reached.
Trevor James FCA DChA FCIE
Dormer Cottage
Old 8royle Road
West 8royle
Chichester
West Sussex
P019 3PR
4 June 2025
1nfo@operationreoch.org.uk
operatlonreaeh.org.uk
Operation Reach 15 a register8d chrjrity in Englond otxy
Wolès No.1194403. R•gi5t*rod oNlce.' 77 Woodstock Roa
Oxford, OX2 6HL
10

Operation Reach
Receipts and Payments Accounts
Year ended 30 September 2024
Note
Restricted Unrestricted
2024
Total
2023
Total
Receipts
Donations
Grants
9,311
9,311
26,000
2,296
37.607
3.566
60,(KIO
2,079
65,645
26.000
Fundraising
Total receipts
2.296
11,607
26,000
Payments
Expedition and training d
Insurances
44,597
1,216
1,321
45,813
1.321
41,403
2,831
840
1,481
46.555
Website I technology
Other costs
Total payments
2.272
4.809
2.272
49,406
H.597
Net receiptslpayments
-18,597
6,798
11,799
19,090
Cash funds at the start of the period
Cash funds at the end ol the period
18,597
3.301
10.099
21.898
10,099
2,808
21,898
The note5 on pages 13 to 14 form part of these accounts.
info@operationreach.org.uk
operationreach.org.uk
Operation Reach is a iegister&d charity in Englond and
Wtsles No. 1194403. Registered offi¢e- 77 Woodstock Road,
Oxford, OX2 6HL

Operation Reach
Statement of Assets and Liabilities
As at 30 September 2024
Note
30 Sep 24
30 Sep 23
Flxed assets
Intangible assets
Current assets
Debtors
Prepayments
Cash at bank and in hand
10,099
21,898
Creditors: amoynts falling due within one year
Net current assets l (liabilities)
10,099
21.898
Net assets
10.099
21,898
Funds
Restricted funds
Unrestricted funds
Total
18,597
3,301
21,898
10.099
10,099
The accounts were approved by the Trustees on 21 st May 2025.
Claire Eggar
Trustee
Charity number.. 1194403
The notes on pages 13 to 14 form part of these accounts.
info@operationreoch.org.uk
operationreach.org.uk
Operurion Reoch is u registered charity in England and
Wales No. 1194403. Registered office.. 77 Woodstock Road,
Oxford, OX2 6HL
12

Operation Reach
Notes to the accounts
Year ended 30 September 2024
Accounting pollcles
l. l Basis of preparation of accounts
The charity constitutes a public benefit entity as defined by FRS 102. The accounts have been
prepared on the receipts and payments basis as pemiitted in accordance Accounting and
Reporting by Charities: Statement of Recommended Practice applicable to charities iSSLted on 16 July
2014, the Charities Act 2011 and UK Generally Accepted Practice as it applies from l January 2015
updated for bulletin l.
The accounts are prepared on a going concern basi5 under the historical cost convention.
The accounts are prepared in sterling, which is the functional cvrren¢y of the charlty.
Monetary amounts in these a¢¢ounts are rounded to the nearest £. The significant accounting
policies applied in the preparation of these accounts are set out below. These policies have been
conststendy applled to all years presented unless otherwise stated.
1.2 Going concern
At the time of approving the accounts, the Trustees have a reasonable expec¢ation that the charlty
has adequate resource5 to continue in operational existence for the foreseeable future. Thus the
Trustees continue to adopt the going concern basis of a¢¢ounting In preparing the accounts.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees In furtherance of their
charitable objectives unless the funds have been designated for other purposes.
Restricted fund5 can only be used for parcicular restricted purposes wlth the object5 of the charity.
Restrictions arise when specified by the donor or when fvnds are raised for particular restricted
purposes.
1.4 Income and expendlture
The accounts have been prepared on a receipts and payments basis.
inlo@operationreach.org.uk
operationreach.org.uk
Operation Rea¢h is a ￿gIStered ¢harity in England and
Wales No. 1194403. Registered offic8.. 77 Woodstock Rood
Oxford, OX2 6HL

1.5 Cash and cash equivalents
Cash and cash equivalents include cash in hand.
1.6 Fixed assets
The charity does not currentty have any fixed assets.
1.7 Basic financial assets
Basic financial assets, which include debtors and cash and bank balances. are initially measured at
transacoon price including transaction costs and are subsequently carried at amortised cost using the
effective interest method unless the arrangerTient constitutes a financing trnnsa¢tion, Whe￿ the
transaction is measured at the preserbt value of the future receipts discounted at a market rate of
interest. Financial assets classified as receivable within one year are not amortised. All expenses are
indusive of irrecoverable VAT.
1.8 Corporation Tax
The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is
considered to pa55 the tests set ouc in Paragraph I Schedule 6 Firiance Act 2010 and therefore it
meets the definition of a charitable company for UK corporation tax purposes.
1.9 Crltical accounting estimates and judgements
In the application of the charl￿S 2ccounting policies. the Trustees are required to make judgements,
estimates 2nd assumptions about the carrying amount of assets and liabilities that are not readity
apparent from other sources.
The ￿tiMate$ and associated assumptions are based on htstorical experience and other factors that
are considered to be relevant. Actual re5uIt5 may differ from th¢se estimates. The estimates and
underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are
recognised in the period in which the estimate is revised where the revision affects only that period,
or in the period of the revision and future period5 where the revision affects both current and future
periods.
2. Trustees and volunteers
No Trustees or volunteers received any remuneration or benefits in the period.
3. Related party transactions
The charity did not undertake any related party transactions in the period.
info@operationreoch.org.uk
operationreach.org.uk
Operlltion Reach is o regISte￿d chority in Engbnd and
Wales NO. 1194403. Registered office.. 77 woodstock Road,
Oxforcl OX2 6HL
14