This year has been dominated by the workload of finalising the purchase of land for new premises. The pressures have been twofold: first, the financial burden of finalising the deal and covering the costs of planning permission and deposits; second, the CEO's workload in leading through these challenges, which took him away from day-to-day operations.
We are delighted that, by the end of the year, the charity was in a strong position to meet its financial commitments to complete the £1,100,000 purchase and secure planning permission at a cost of £120,000, and that it had continued to grow for another year. Critical to this was Lloyd's confidence in the charity's financial performance, demonstrated by a £750,000 loan. We look forward to operating from our new premises, which will include advanced therapeutic and mental health support.
As we complete the accounts for reporting, the charity's exchange of the land at the end of the calendar year 2025 was formally completed in May 2026.
Revenues rose from £ 1,131,619 to £1,265,304, while student numbers showed similar growth to the previous year, with more complex cases undertaken, resulting in higher revenue per student.
The plan to increase the number and qualifications of TAs has paid off, providing greater flexibility. Alongside expanded work on complex cases using therapy-led solutions, the charity has strengthened its reputation for improving the lives of some of the most disadvantaged young people in Oxfordshire.
The staff have been, as in previous years, excellent in their professionalism. We continue to invest in child protection training and development, as evidenced by the positive outcomes from school compliance visits and the council's review of our processes.
Our audit of child protection operational policies received high praise from the River Learning Trust and OCC, with no areas of concern identified. We also note that the charity provides over 20,000 free meals for young people and staff, including breakfast, student meals, and outreach family meals, and that our kitchens have earned a 5-star rating.
Once again, we thank the charity's friends for their ongoing support. We were especially pleased to be the charity of the year and to host visits from the High Sheriff and Lord Lieutenant. We would like to recognise the specific support from Louise Upton, the Lord Mayor. Her backing led to several significant breakthroughs in securing new partners.
The trustees present their annual report and financial statements for the year ended 31 August 2025.
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
The objectives of the charity are:
To advance the education and training of young people under the age of 20 years who, or whose parents reside in Oxfordshire and the surrounding area and who are struggling with mainstream education or alternative education provision. In addition, the charity takes on young people whose circumstances may create tendencies in them towards offences so that such young people may grow to full maturity as individuals and members of society and become better equipped to take a useful and responsible place in the community.
The charity exists to serve a wide range of young people, at what may be difficult and formative times of their lives, to augment the resources available to provide appropriate levels of care and support.
The trustees confirm that they have complied with the duty in Section 4 of the Charities Act 2006 to have due regard for the Commission's guidance on public benefit.
In the year, the number of students accelerated alongside investment in staff for the future. This year's accounts demonstrate the ability to deliver fully with increased revenues and a strong contribution to reserves. Costs have increased in line with that growth, especially quality staff, as we built for 2025/26. The forecast for 25/26 shows further increases in student numbers.
A major achievement during the year has been gaining the planning permission on the new premises, and, as we write this report, the exchange in 2025 and completion in May 2026. This has been an expensive and lengthy journey since being notified by our Landlord that they would not renew the contract at the charity's current location.
It is a credit to the team that they have managed this alongside rapid growth.
The trustees believe that the charity remains in a strong position to meet the challenges of its core work, which is to provide increasing support to young people who are high-risk and vulnerable within Oxfordshire. This involves offering holistic support and structured vocational courses that lead to recognised qualifications. Alongside the growing number of students, the first apprenticeships were successfully completed. One apprentice moved on to full-time employment outside of the charity, and another in the programme is now employed as a full-time tutor in the bicycle workshop.
The trustees have reviewed the financial position at the balance sheet date and are confident that the charity remains stable with foreseeable revenues. They believe that the strategy implemented over the past five financial years is effective and generating reliable income, along with planned growth in student numbers and increased diversity.
The forecast budget stated growth would be achieved by August 25. The trustees can confirm the plans in place to achieve growth were met and the long-term forecast is for that growth to continue into the year ending August 26.
The financial statements have been prepared on a going concern basis as the trustees have assessed the position and have no reason to believe that any material uncertainties would affect the ability of the charity to continue as a going concern for the foreseeable future.
The trustees have considered the next 12 months and reviewed post-date reports for that period in their assessment. Supporting the trustee assessment is the ability to set aside costs of £338,000 for part payment of the land, which is an exceptional payment. The continued increase in student numbers and the rising demand for places reflect economies of scale, resulting in greater reserves.
The reserves policy requires the charity to hold three times the total monthly salary, including HMRC and employer staff pension contributions. Currently, this is £240,000. As with most organisations, COVID-19 affected the charity's ability to maintain that amount for three years. However, the charity exceeded that level of reserves during the period through August 2025. It should be noted that the pressures to move to new premises in 2026 may put that level under pressure once again. However, the budgets have been fully worked through, and the charity will exceed this reserve level in 2026.
Given the increasing demand for our services, our plan remains to expand both our offerings and vocational courses to achieve proven results for young people. In the medium term, this will include relocating to new premises. As we enter the new year, our cash position remains strong, supported by record numbers of students this year and a planned growth into 25/26 and 26/27. We will also see an acceleration of the moving-on scheme, which now supports students beyond their time at the charity as we work to improve their employment prospects. As part of this programme, we will also expand the apprenticeship scheme.
The long-term approach of integrating mental health with vocational skills qualifications and, crucially, progressing to further education or employment is a proven model that significantly impacts young people’s lives. It is a unique approach that other counties are interested in replicating through the project.
Oxfordshire Motor Project is registered under the Companies Act 2006 as a company limited by guarantee and not having a share capital.
Oxfordshire Motor Project is a registered Charity constituted as a limited company under its Memorandum and Articles of Association. The charity registration number is 1013246 (England and Wales) and the company registration number is 02733803 (England and Wales).
The Trustees are also the directors of Oxfordshire Motor Project for the purpose of company law.
Effective trustee recruitment requires a structured, transparent process to prevent "blind spots" that arise from relying solely on existing personal networks.
Oxfordshire Motor Project policy is to create a clear role description setting out expectations, time commitments, and the specific duties required.
We would advertise the role through multiple appropriate channels to attract a wide range of candidates who meet the requirements, while continuing to support equity, diversity, and inclusion. Before the appointment, verify that candidates are legally eligible to serve (e.g., over 18, not disqualified under the Charities Act). Conduct necessary DBS (Disclosure and Barring Service) checks if the role involves working with vulnerable beneficiaries.
The charity identifies Trustees from all walks of life, either those who approach us or we approach them. We currently have a professor, an Investment Banker, an FD, an ex-Lord Mayor and importantly an ex-attendee as a pupil at Trax in the 90s and now employed by Mercedes.
A candidate may come from a specific skill set or a general knowledge and commitment to the outcomes.
Once a candidate has been identified we would invite them to a trustee meeting limited by stepping out for sensitive or confidential information.
The trustees would take a vote, and a majority would carry a draft positive outcome. Check with the candidate if they wish to proceed.
Compliance checks, including DBS and conflict of interest checks
Letter from Chair confirming requirements and timescale including “being a charity trustee” charity information pack. Included in this pack are the critical policy documents that will need to be read and understood. As part of the training, the new trustees will be quizzed on their understanding and be given a full set as a reference point.
Complete the Companies House Director appointment while finally ensuring the appointment has been logged on the charity commission website.
During this process the candidate would spend a few days at the charity witnessing the work that is carried out in person and by the time they are confirmed as a trustee they would be familiar with the processes of the charity.
Overall responsibility for the charity's management rests with the Board of Trustees who are also the charity's directors. The selection of trustees is designed to supplement the existing skills and expertise of the Board and is governed by an informal skills assessment.
Reporting line 2025/2026
Chair of Trustees (final vote if no majority on major decisions), Trustees
Strategy is developed by the Trustees and the CEO
The CEO reports to the Trustees and has direct line responsibility for Finance, HR, Legal, Compliance and Student
Performance within the reporting line.
The COO reports to the CEO and has direct responsibility for day-to-day operations, Student Intake, and Risk Assessments, including liaising with SEN officers
Senior Management Role reports to the COO, bar two, who reports directly to the CEO, but liaises with the COO from time to time
Tutors, TAs, Report directly to Senior Managers
A comprehensive induction and ongoing development program ensures trustees understand their responsibilities and can contribute quickly. Provide new trustees with a welcome pack containing key governing documents, recent financial statements, strategic plans, and the Charity Commission Essential Trustee Guidance. In addition, arrange meetings with key staff, the Chair, and existing board members to gain insight into daily operations and board dynamics.
Training for trustees is identified and offered. All policy documents are distributed to trustees annually.
Risk review
The trustees review, on an annual basis, the major risks which the charity faces to ensure that it has sufficient resources in the event of adverse conditions. The trustees have examined the operational and business risks which the charity faces and confirm that they are satisfied that systems and controls are established over key financial systems to mitigate any significant risks.
The main risks facing the charity involve managing costs versus demand. The trustees recognise that it is vital to control expenses related to infrastructure and those arising from increasing student numbers. While growth is advantageous, uncontrolled expansion is not desirable. Furthermore, the trustees understand that rising student numbers and revenue make it essential to have the correct organisational structure in place regarding operations, governance, and ongoing oversight. Finalising the new premises will be a priority in the next financial year.
A mid-term risk may arise from government changes to the way schools manage Neurodiversity, SEN, and those with EHCPs. The CEO began to develop the plans, post year ending 24/25, to ensure the charity is aligned with this change by
Introducing 3-month short-term programmes to support schools with young people who still struggle with attendance.
Increased experience and skills in therapeutic and mental health capacity to support those whom a school cannot cope with.
Increasing the courses for alternative skills development
Introduction of ASADAN courses for those pre 14 and outside the City and Guilds programme.
An effective direct support route for schools' staff skills development in how to manage neurodiversity, combined with social impact issues.
The net effect of the changes in Oxfordshire, which are ahead of the change programme, has actually been a further increase in demand as schools and OCC seek effective support for those in most need, and schools struggle to provide it. Young people attending charities that offer “a place to go” without professional delivery are experiencing a decline in demand.
In accordance with the company's articles, a resolution proposing that Gravita Audit Oxford LLP be reappointed as auditor of the company will be put at a General Meeting.
The charity is registered with the Charity Commission and Companies House as Oxfordshire Motor Project but is commonly referred to by its stakeholders as TRAX Motor Project.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees and signed on its behalf by:
The trustees, who are also the directors of Oxfordshire Motor Project for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate 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 Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Opinion
We have audited the financial statements of Oxfordshire Motor Project (the ‘charity’) for the year ended 31 August 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
Other information
The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audit:
the information given in the trustees' report for the financial year for which the financial statements are prepared, which includes the directors' report prepared for the purposes of company law, is consistent with the financial statements; and
the directors' report included within the trustees' report has been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the trustees' report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of trustees' remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit; or
the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the trustees' report and from the requirement to prepare a strategic report.
The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.
- the engagement partner ensured that the engagement team collectively had the appropriate competence,
capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;
- we identified the laws and regulations applicable to the company through discussions with directors and
other management, and from our knowledge and experience;
- we focused on specific laws and regulations which we considered may have a direct material effect on the
financial statements or the operations of the company;
- we assessed the extent of compliance with the laws and regulations identified above through making
enquiries of management and inspecting legal correspondence where applicable; and
- identified laws and regulations were communicated within the audit team regularly and the team remained
alert to instances of non-compliance throughout the audit.
We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining
an understanding of how fraud might occur, by:
- making enquiries of management as to where they considered there was susceptibility to fraud, their
knowledge of actual, suspected and alleged fraud; and
- considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.
To address the risk of fraud through management bias and override of controls, we:
- performed analytical procedures to identify any unusual or unexpected relationships;
- tested journal entries to identify unusual transactions;
- assessed whether judgements and assumptions made in determining the accounting estimates were
indicative of potential bias; and
- investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures
which included, but were not limited to:
- agreeing financial statement disclosures to underlying supporting documentation;
- reading the minutes of meetings of those charged with governance;
- enquiring of management as to actual and potential litigation and claims;
- reviewing relevant correspondence.
There are inherent limitations in our audit procedures described above. The more removed that laws and
regulations are from financial transactions, the less likely it is that we would become aware of non-compliance.
Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to
enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.
A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
Use of our report
This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
Oxfordshire Motor Project is a charitable company limited by guarantee incorporated in England and Wales. The registered office is Red Barn Farm, Woodstock Road, Wolvercote, Oxford, OX2 8JR.
The financial statements have been prepared in accordance with the Charity's governing document, the
Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts
(Scotland) Regulations 2006 (as amended), FRS 102 “The Financial Reporting Standard applicable in the UK
and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January
2019). The Charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention with the exception of investments which are included at market value. The principal accounting policies adopted are set out below.
The charity had one dormany subsidiary undetaking, Traxse Limited (company number 09136371), which was clearly immaterial in considering the financial position of the charity. Therefore the charity has decided not to prepare consolidated accounts as under Section 405 of the Companies Act, all of the subsidiary undertakings can be excluded from consolidation.
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Course fees are recognised in the academic period to which they relate.
Income from grants (including government grants) is recognised in the period in which the teaching is performed, as the service is delivered, using the performance model as per FRS102. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attached to them. Where the grant imposes performance-related conditions, it is recognised only when those conditions have been met. Where grants are received prior to satisfying the revenue recognition criteria, they are recognised as a liability.
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
All expenditure is recognised inclusive of VAT.
Expenditure on charitable activities includes those costs incurred by the charity in delivering its activities and includes both direct and allocated support costs.
Governance costs includes those costs associated with meeting the statutory requirements of the charity.
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
Fixed asset investments are measured at cost.
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these 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 periods where the revision affects both current and future periods.
Useful economic life
This is an estimate based on the useful economic life of fixed assets. This is applied as described in the fixed assets policy. The amount of depreciation for the reporting period is £14,199 (2024: £17,015)
Bad debtor provision
This is an estimate on what outstanding debtors at year end are unlikely to be received. This is calculated by reviewing the age of debtors and the specific circumstances surrounding the debtor. The amount provided for at year end is £Nil (2024: £Nil)
Accrued expenses
These are expenses that relate to the reporting period but are received after the period ends. This is calculated by reviewing invoices received after the year end and using managements knowledge of the costs occurring in the year. The amount accrued at year end is £54,805 (2024: £51,341)
The grant received in both the current and the comparative periods is from Response Organisation. All monies relate to educational and training programmes. There are no unfulfilled conditions or other contingencies attaching to these grants at the balance sheet date. The charity has not directly benefited from any other forms of government assistance.
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year except for as disclosed in the related party transactions note.
No trustees were reimbursed for expenses during the year. (2024: None)
The average monthly number of employees during the year was:
Redundancy and termination payments totalling £Nil (2024: £4,379) were made in the reporting period.
Ex-gratia payments totalling £Nil (2024: £9,552) were made in the reporting period.
The remuneration of key management personnel, including employer NI and pension costs, was £139,997 (2024: £131,163)
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
CAMHS - This was funding received to pay for the wages of an employee and associated costs.
Harley Davidson -This was funding for workshop expenses.
Minibus -This was funding to pay for maintenance and fuel costs of a minibus.
Garden project - This was funding to build a garden plot
Blake Morgan - This was funding for the provision of education to children in the parish of Holy Trinity church, Headington Quarry
Dyslexic Teaching Supplies - This was funding given for the teaching supplies to support children with Dyslexia.
Landbased studies - This was funding given to support landbased courses offered
Premises movement - This was funding given to support movement to new premises
Other - This was funding given by small donors for individual projects that have been completed
Gym Equipment - This was gym equipment donated to the charity. The expenditure associated is the deprecation.
Other restricted fixed assets - This is other restricted fixed assets that have been purchased using restricted fixed asset funds. The expenditure associated is the depreciation.
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
During the year Peter Wilks, who is the father of a Trustee, was employed by the charity. He was paid at a market rate of remuneration for his role.
During the year Kieran Dass, who is the son of a Key Management Personnel (KMP), was employed by the charity. He was paid at a market rate of remuneration for his role.
During the year Nathan Price, who is the son of a KMP, was employed by the charity. He was paid at a market rate of remuneration for his role.
During the year Leah Dass, who is the daughter of a KMP, was employed by the charity. She was paid at a market rate of remuneration for her role.
During the year Ajay Dass, who is the husband of a KMP, was employed by the charity. He was paid at a market rate of remuneration for his role.
During the year 1 Trustee (2024: 0) donated an aggregate of £300 to the charity (2024: £0).
These financial statements are separate charity financial statements for Oxfordshire Motor Project as at 31 August 2025.
Details of the charity's subsidiaries at 31 August 2025 are as follows:
The charity had no material debt during the year.