REGTSTERED COMPANY NUMBER: 01874856 (England 2nd W411es)
REGISTERED CHARITY NUIMBER: 326768
ort of the Trustees And
Unaudiled Financial Statements for the YeAr Ended 31 MAreh 2024
for
Ownershi
At Work
360 Accountants Llmited
18-19 Albion Street
Hull
East Yorkshire
HUI 3TG

Owneishi
at Work
Contents of the ￿1n2￿cial Statements
for the Year Ended 31 ￿[￿reh 2024
Page
Report of the Trustees
Independent ExAminer's Report
StAtement of Financial Activitie5
Balance Sheet
Not￿ to the Finli ncial Statements
6 to 10
Detailed Ststement of FinfineiAI AetivitSes

Ownershi
at Work
ort of the Trustees
for the YeAr Ended 31 March 2024
The trustees who are a150 directors of the charity for the purposes of the Companies Act 2006, present theii. report with
the fin&n¢ial stateTnenls of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of
Accounting and Reporting by Charities.. Sialement of Recommel￿ed Practice applicable io charities preparing their
accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective l January 2019).
Ownership at Work exists to promote grvdter understanding of the rol¢ industrial democracy and employee ownership
can play in the UK economy. OA W is an independent company limited by gu8raniee with charitsble status. Its current
activity focuses on generaling insight into the social and ecortomie impact of sharing meaningful ownership and
participation with eiDploy¢es and workers in organisatioThs of all kinds.
The 2023-24 FY marked a significaiit year of delivery for Ownership at Work (OA W). OAW published a landniark
piece of research, rhe EO Knowledge Programme. The research ouiputs from this programme were the culmination of
two years, of work by the organisation's small team. Inanaoint7
the delivery of independent reSea￿h partners aiid with
extemal oversight of the project. The final publications hav¢ been widely weleomed as bringing
oround-breaking
insights into tlie impact of worker and employee owned businesses on the UK economy and sociery. As a result of the
publication of tlie EO Knowledge Progrdmmc. and sLvcral smaller publications across the year. OAW ha5 cemented a
strong delivery reputation and is building critical relalionship5 With key stakeholders across the mutual econoiny which
will support futiire research ambitions.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Govei'ning document
The charity is a limited company. limited by guaranie< as defined by the Companies Act 2006 and is governed by its
Memorandum and Articles of Association
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company ttumber
01874856 (England and Wales)
Registei*d Charity number
326768
Registered office
Wrigleys Solicitors LLP
3rd Floor
3 Wellington Place
Leeds
West YorL8hire
LSI 4AP
Ti'ustees
Mrs D J Oxley OBE Consultant
Prof. J M Pritchard OBE Consultant - Health and Social Care
Ms A C Tyler Management Consultant
Mr J E B De Le Vingne Chief Executive
Mr P T L Dann Market Researcher
Mrs S Lenox Solicitor
Mi's N Mehegan Project Manager
Mr S J Poole Company Director
Independent Examiner
360 Accouiitants Limited
18-19 Albion Street
Hull
East Yorkshire
HUI 3TG

Ownershi
ort of the Trustees
for the Year Ended 31 March 2024
REFERENCE AND ADMINISTRATIVE DETAtis
Bankers
Unity Trust Bank
POBOX 7l93
Planetary Road
Willenliall
WVI 9DG
This repoit ha5 been prepared in accordance with the special provisions of Part 15 of the Companies A¢t 2006 relating
to small companies.
Approved by order of the board of trustee5 on ..............
. and signed on its behalf by:
Ms A C Tyler-'frus
Page 2

Inde
endent Examiner's Re
ort to the Trustees of
Oivnershi
at Ivork
Independent e¥aminer's report to the trustees of Oivnership 2t Work ('the Comp2ny')
I report to tlie charity trustees on Tlly examination of the accounls of the Company for the year ended 3 l March ?024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its direclors for Ihe purposes of company law) you are responsible for
the preparation of the accounts in accordance with the requirements of the Compaiiies Act 2006 ('th¢ ?006 Act,).
Having satisfied Inyself thal the accounts of the Company are not required to be audited under Part 16 of the 2006 Act
and are eligible for independeni examination. I report in respect of rny examination of your charity's accounts as carried
out under Seciion 145 of the Charities Act 2011 {'the 2011 Act,). In carying out my examination I have followed the
Dire¢tions given by the Charity Commission under Section 145(5) (b) of the 201 l Act.
Independent examiner's stAtement
I have eompleled my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe:
accounting records were not kepl in respect of the Company as requir¢d by Section 386 of tlje 2006 Act. or
the accounis do not accord with those records. or
the accounts do not comply wilh the accounting requirements of Se¢tion 396 of the 2006 Act other than any
requirement that the accouTJls give a true and fair view which is not a matter considered as part of an independent
examination. or
Ihe accounts have not been prepared in accordance with Ihe methods and principles of the Statement of
Recommended Practice for accounting and reporting by ¢haritie5 (applicable to charities preparing their accounts
in accoi'dance witli the Financial Reporting Siandard applicable In the UK and Republic of Ireland (FRS 102)).
I have no ¢on¢ern5 and have come across no other matters in connection with the examination to which attention should
be drawn in this report in order to enable a proper understsndiDg of the accounts to be reached.
Andrew Steele FCCA FCA
The Institute of Chartered Accountants in England and Wales
360 Accountants Limited
18-19 Albion Street
Hull
East Yorkshire
HUI 3TG
l O July 2024
Page 3

Ownershi
at Work
Statement of Financial Activities
for the Yoar Ended 31 Mareh 2024
3113124
Total
funds
3113r23
Total
funds
Unrestricted
fvnd
Restricted
fund
Notes
INCOME AND ENDOWMENTS FROM
Donations and sponsorships
56.976
56,976
51,332
EXPENDJTURE ON
Raising funds
1,828
1,828
CharttablÈ activities
Funds for charitable activities
55,609
6,000
61,609
65,008
Total
57,437
6,000
63.437
65,008
NET INCOME/(EXPENDITURE)
(461)
(6,000)
(6,461)
(13.676)
RECONCILIATION OF FUNDS
Total funds brought forward
2,528
6,000
8,528
22.204
TOTAL FUNDS CARRIED FORWARD
2,067
2,067
8,528
The notes forni part of these financial Statements
Page 4

Oivnèrshi
At Work
Bl4 laftce Sheet
31 Marth 2024
3113ll4
Total
funds
3113r23
Total
funds
Unrestricted
fijnd
Restricted
fund
Notes
CURRENT ASSETS
Debtors
Cash at bank
iJoo
797
ijoo
797
13,33?
11,612
2,097
2,097
?4,944
CREDITORS
Amounts falling due iviihin one year
(30)
(30)
(16.416)
NET CURRENT ASSETS
2.067
2,067
8,528
TOTAL ASSETS LESS CURRENT
LIABILITIES
2.067
2.067
8.528
IYET ASSETSI(LIABILITIES)
2,067
2.067
8,528
FUNDS
Unrestricted fuiids
Restricted funds
2,067
2.528
6,000
TOTAL FUNDS
2,067
8,528
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ended 31 March 2024.
The membej's have not required the company to obtain aTJ audit of its financial statements for the year ended
31 March 2024 in accordance with Section 476 of the Companies Act ?006.
The trustees acknowledge their responsibilities for
(a)
ensuring that the Charitable company keeps accouniing records that comply with Sections 386 and 387 of the
Companie5 Act 2006 and
preparing financial statements which give a irue and fair view of the stste of affairs of the charitable coirtpany &5
at the end of eLch financial year and of its surplus or deficit for each financial year in accordan¢e with Ilie
requirements of Scctions 394 and 395 and which otherwise comply with the requirements of the Companies Act
2006 relating to financial statemenls. so far as applicable io ihe charitable company.
(b)
These financial staternents have been prepared in ac¢ordan¢e with the provisions applicable to charitable companies
subject to the srnall companies regime.
slate
were approved by the Board of Tru51ees and authorised for issue
nd wer¢ signed on ils behalf by.,
on
Ms A C Tyler- Truste
The notes form part of these financial statements
Page 5

Ownershi
at Woi'k
]%otes to the FinaDcial Statemellts
ror the Year Ended 311.Iarch 2024
ACCOUNTING POLICIES
Basis of prepRring the financial statements
The financial statements of the charitable compony. which 1$ a public benefit entity under FRS 102, have been
prepared in accordance wilh the Charities SORP (FRS I O?) 'Accounting and Reporting by CharitÉes'. Statement
of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effe¢tive l January 2019),,
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Companies Act 2006. The financial staternents have been prepared under the historical cost
convention.
Iacome
All income is recognised in the Statement of Financial Aclivities once the chaTity has entitlement to tlie funds. it
is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing tlie
charity to that expenditure, it is probable that a transfer of economic benefits will be required in settleinent and
the amount of the obligation can be measured reliably. Expenditui'e is accounted for on an accruals basis and lias
been ¢lassified under headings that aggregate all cost relat¢d to the category. Where costs ¢annot be directly
attributed to particular headings they have been allocated 10 aetivities on a basis ¢on$i3tent with the u$¢ of
resources.
Taxfition
Tli¢ charity is exempt from corporation Éax on its charilable activities.
Fund aecountlng
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purpose5 Witliin Ilie objects of the Charity. Restrictions
arise when specified by the donor or when fijnds are Taised for particular restricted purposes.
Further explanation of the nature and purpose of each ￿nd is included In ihe notes to the financial statements.
Hii'e pui"chase And leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis
over the period of the lease.
DONATIONS AND SPONSORSHIPS
3113124
3113123
Donations and sponsorsiiip
56,976
51,332
Page 6
continued...

Ownershi
at Work
Yotes to tht Financial Statements- CODtillued
for the Year Ended 31 Mareh 2024
NET INCOME/(EXPENDITURE)
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 Nlar¢li 2024 nor for the year ended
31 March 2023.
Trustees, expenses
Tliere were no truslees, expei)ses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
COMPARA TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
nd
Resiri¢ted
fund
Total
funds
INCOME AND ETrIDOWMENTS FROM
Donations and sponsorships
15,432
35,900
51,332
EXPENDITURE ON
CharitAble Activities
Funds for charitable aclivilies
35,108
29.900
65,008
NET INCOMEI(EXPENDITURE)
(19,676)
6,000
(13,676)
RECONCILIATION OF FUNDS
Total funds brought forward
22,204
22,204
TOTAL FUNDS CARRIED FORWARD
2,528
6,000
8,528
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
3113124
3113123
TrAde debtors
IJOO
13.332
Page 7
continued...

Ownershi
at Work
Not&s to the Financial Statements- CODtiDued
for the Year Ended 31 .Ilareh 2024
CREDITORS.. AMOUNTS FALLING DUE WITHIIY ONE YEAR
3113124
3113/23
Trade creditors
Accrued expenses
30
175
16.241
30
16.416
MOVEMENT IN FUNDS
Net
movement
in fvnds
At
3113124
At 114123
Unrestricted funds
General fund
2,528
(461)
2,067
Restricted funds
Restricted
6,1)00
(6,000)
TOTAL FUNDS
8.528
(6,461)
2,067
Net movement in funds, included in Ihc above are as follows:
Incoming
resources
Resources
expended
Movement
in fiinds
UniYsti'i¢ted funds
General fund
56,976
(57,437)
(461)
Restricled funds
Reslri¢led
(6,000)
(6,000)
TOTAL FUNDS
56,976
(63,437)
{6.461)
Compai'Atives for movement in funds
Net
movement
in funds
At
3113123
At 114122
Unrestricted funds
GeTJeral fiind
22.204
(19,676)
2,528
Restricted funds
Restricted
6,000
6.000
TOTAL FUNDS
22,204
(13,676)
8,528
ntinued...

Ownershi
at Work
Notes to the Financial StAtements - continued
for the Year Ended 31 MArch 2024
MOVEMII NT IN FUNDS- Continued
Comparative net Tnov¢rnent in fifftds. included in the above a￿ as follows:
Incoming
resources
Resources
expended
Movement
in ￿ndS
Uni'estrieted funds
General fund
15,432
(35,108)
{19,676)
Resti'icted funds
Restricted
35.900
(29.900)
6,000
TOTAL FUNDS
51,332
(65,008)
(13,676)
A cUr￿nt year 12 months and prior year l? months combined position is as follows:
N¢t
movement
in fvnds
At
3113124
At 114122
Unrestricted funds
General fund
22,204
(20,137)
2,067
TOTAL Fuf4DS
22.204
(20.137)
2,007
A current year 12 months and prior year 12 months combined net movement in funds, inoluded in Ihe above are
as follows:
Incoming
resources
Resources
expci)dcd
Moveinent
in funds
Uni'estricted funds
Generdl fund
72,408
(92,545)
(20,137)
Rostricted funds
Restricted
35.900
(35,900)
TOTAL FUNDS
108.308
(128.445)
{20.137)
Page 9
¢ontinued..

Ownershi
at Work
Notes to the Financial Slatemen¢s - continued
for the Year Ended 31 hlarcli 2024
RELATED PARTY DISCLOSURES
During the year trustee Mrs D J Oxley OBE contributed £ 1,000 to the tharity to support its a¢tivities.
Page 10

Ownershi
At Work
Detailed St2tement of Finanti21 Activities
for the Year Ended 31 March 2024
3113124
311312?
INCOME AND ENDOWMENTS
DonAtions and spottsorships
Donations and sponsorship
56,976
51.332
Total incoming resources
56.976
51,332
EXPENDITURE
Charitable Activities
Consultant fees
Insurance
Advertising
56,199
340
3,240
57,572
59.779
57.572
Suppoit eosts
Management
Sundries
791
Finance
Bank charges
90
54
Governance eosts
Accoiiniancy and legal ftes
3,568
6.591
Total resoLirces expended
63.437
65,008
Net expenditure
(6,461)
(13,676)
This page does not form part of the statutory financial statements
Pagell