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2022-03-31-accounts

Registered number: 01984355 Charity number: 1010796

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

CONTENTS

Page
Reference and administrative details of the Company, its Trustees and advisers 1
Trustees' report 2 - 14
Independent auditors' report on the financial statements 15 - 18
Statement of financial activities 19
Balance sheet 20 - 21
Notes to the financial statements 22 - 39

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2022

Trustees C Bailey, Chair
P J Le Rasle
B Streader M.B.E. (resigned 20 July 2021)
F Vawda (resigned 20 July 2021)
L Kowalczyk
I A A Strydom (appointed 21 September 2021)
L Bailey, Treasurer (appointed 20 July 2021)
Company registered
number
01984355
Charity registered
number
1010796
Registered office
5 -11 Ellingham Road
Leytonstone
London
E15 2AU

Page 1

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022

Since the company qualifies as small under section 383, the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Director's Report) Regulations 2013 is not required.

2021-22 has been a year of change for Ellingham:

Despite this, the whole Board of Trustees must extend its overwhelming gratitude to:

Board Changes:

It was with great regret that, in July 2021, the Chair accepted the resignation of Beryl Streader from the Board. Beryl had been a Trustee since 2008, having previously worked with Ellingham’s employment team when she was employed by DWP as a Disability Employment Advisor. She was also a volunteer, working with the clients in I Can Ventures. Beryl will be missed from the Board, but we are pleased to say that she will continue to be a “Friend” of Ellingham. Also in July, Fatima Vawda resigned from the Board in order to go travelling more. Her contribution to the work of I Can Ventures will also be missed, but her role as Parent/Carer representative on the Board left an important vacancy which we are pleased to announce has been filled, in September 2021, by the appointment of Mrs. Inga Strydom. Inga & her family arrived in England from South Africa just as the country entered the first Covid-19 shutdown. The Board are also pleased to announce that, in July 2021, on her retirement from the staff, after helping Chris set up Ellingham in 1984, Linda Bailey has joined the Board as a Trustee. With Linda’s retirement, Helen Gore was appointed as Chief Executive of Ellingham Employment Services

Page 2

ELLINGHAM EMPLOYMENT SERVICES (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Objectives and activities

a. Policies and objectives

The main objectives and activities for the year had been to focus upon the excellent work carried on from previous successful years, but these had to be extensively modified due to Covid-19 restrictions:

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

Page 3

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Objectives and activities (continued)

b. Strategies for achieving objectives

Partnership Working

The Trustees are proud of the current work that is being undertaken in the field of working partnerships. The Board also recognise that this strategy is key to its future development and in particular essential to long term funding as the major Funders are now requiring a partnership procedure to ensure successful bids for finance and grants. These working partnerships continued electronically during the Covid-19 closure period.

The partnership with SEND Coffee continued during this period, linked with a new contract from Hackney Learning Trust starting in September 2021. SEND Coffee was able to provide short-term intensive Barista training to our clients, which has resulted in 60% job outcomes, despite the current economic climate. A new programme is being negotiated for 2022/23 which is hoped will have higher job outcome levels.

Representatives from Ellingham continue to be members of the following groups, although meetings held electronically:

Member of Work Redbridge, a partnership led by Redbridge Regeneration team, which has developed a Strategy and an Action Plan which aims to address unemployment and low skill levels, to support business growth, and to help businesses recruit people with the right skills to meet their needs;

Member of Redbridge & Waltham Forest Learning Disability Partnership Day Opportunities Forum;

It is with great pleasure to report that Rosemary Clark, Manager of I Can Ventures, continued in the role as Chair of the Newham Learning Disability and Autism Provider Forum.

Close working with Hackney Learning Trust in the delivery of Ellingham’s Supported Internship-style programme.

Such partnerships enrich the work of the Organisation and open potential opportunities for broadening its scope for development, as well as establishing closer working and meaningful links within the Community.

It is a strategic part of the Ellingham infrastructure that Partnerships will continue.

Page 4

ELLINGHAM EMPLOYMENT SERVICES (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Objectives and activities (continued)

c. Activities undertaken to achieve objectives

Ellingham’s unique selling point is that we recognise that there is no single route to assisting people with learning disabilities and/or associated physical and/or sensory disabilities attain & maintain their potential goals. Therefore, Ellingham has developed a range of activities according to client’s requirements and needs:

• I Can Ventures (ICV) – services for people with more complex barriers and higher support needs. Activities include a full range of day opportunities, accredited and non accredited training activities, advocacy and peer support services. All activities have a meaningful purpose as a way of maintaining skills learned and developing new ones.

• Supported Internships (Forward Work Directions - FWD) – based on our experience of working with several local colleges in recent years, Ellingham developed its own in-house programme. Whilst the mainstream Supported Internship programme is one type of study programme specifically aimed at young people aged 16 to 24 who have a statement of special educational needs, a Learning Difficulty Assessment, or an EHC plan, who want to move into employment and need extra support to do so, Ellingham staff have created a tailored programme for those clients who required additional support to those who can access the mainstream programme, thereby filling a gap in client need.

• DWP Access to Wor k – is a tailored practical support programme to people who have a disability, health or mental health condition to enable them to start work, stay in work or to move in self employment.

d. Main activities undertaken to further the Company's purposes for the public benefit

The main areas of Charitable activities are the provision of vocational training (accredited & non accredited), vocational guidance and supported employment to people who have learning disabilities and/or associated physical, sensory and mental health needs. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future projects. Our main activities, who we try to help, and who used and benefited from our services are described below.

Ellingham has made significant developments in its in house training strategies, which is assisting many people with severe disabilities to understand the complexities of the world of work, prior to placing them into valued and meaningful work experience. These programmes have been designed by the specialist staff teams to enhance their skills, provide confidence and equip the clients with a positive outlook and motivation, which will enable them to compete in an ever demanding and sometimes hostile world of work.

Previous comments have been made in this report on the growing development of Partnerships with other Agencies and Funding Bodies, and this scenario is one that the Board are keen to expand.

Page 5

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Achievements and performance

a. Key performance indicators

Page 6

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Achievements and performance (continued)

b. Review of activities

Despite a period of transition to full working had an impact on income to ICV, once fully operational income has exceeded predicted levels during the year. Access to Work was predicted to remain steady, as does the current level of income from Supported Internships. Due to lack of contract tenders due to Covid-19, no replacement for DWP Work & Health Programme has been found. However, predicted financial impact of the loss of this contract has been positive with the reduced levels of expenditure.

Trustees & staff used the period of lower attendance at Ellingham to carry out all major Health & Safety reviews/maintenance. This period was also used to undertake staff training in safeguarding, first aid, challenging behaviour and Professional Working Practices.

Ellingham is in the fortunate position in that despite being a charity it does not rely on fundraising for income, instead it is funded through contracts.

As a small gesture to show their appreciation of Ellingham’s greatest asset – its staff – Trustees continued to focus on ensuring that staff (particularly those isolating through furlough) were fully supported, not only by management & team members but by ensuring they were aware of Ellingham’s Employee Assistance Programme, a 24-hour freephone service through Health Assured confidential life management and personal support service available to all staff. Through the phased return to work, the introduction of flexible/hybrid working is now working across all departments as appropriate. In addition, as a recognition to the dedication & quality service staff give to the clients, Trustees ensure very competitive rates of pay and very good conditions of service are given. Also an additional day’s “Birthday” leave for all staff has been implemented.

I Can Ventures - Due to several clients’ families still being uncertain about returning with Covid-19 still around, the Outreach Service which started in 2020 funded through London Community Response Fund continued, but with increase face to face meetings. Several of these resulted in well-being referrals being made to Local Authority Social Services Departments to provide additional support which had arisen during the period of shutdown. Highest amongst these was increased mental health issues amongst both clients and their families.

It was also identified by staff that amongst those clients returning to day services in ICV, there was a high level of well-being additional needs. It was therefore decided to alter the programme schedule within our charitable aims to help clients cope with their well-being challenges and those challenges of adapting to a different lifestyle after a long time being housebound. Staffing roles were therefore changed to reflect this change in client programmes, once again reflecting the dedication to our clients’ welfare & needs.

During the year, several discussions were held with LBWF around their wish for Ellingham to open new services, but these were deemed to be financially unviable, and so turned down.

In addition, Ellingham’s programmes during 2021/22 also included:

Supported Internships – As stated above, clients on the 2021/22 programme continued their programme via electronic means, although 6-month unfunded extensions were granted by HLT to enable them to undertake periods of work experience to enable them to complete their programme. A new 2-3year contract had been awarded to start September 2021, and although scope for double the number of referrals had been anticipated, numbers remained constant. Discussions on this & additional contracts are continuing into 2022/23.

Access to Work – with many customers working from home or whose employers had furloughed them, the need for Support Workers remained low during 2021/22. However, there has been an increase in service contract enquiries for 2022/23.

Page 7

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Achievements and performance (continued)

INVESTORS IN PEOPLE

The latest review of this quality standard was carried out in December 2021 and the results were found to be excellent – higher than anticipated, with an overall score of 797 out of a maximum 900, higher than industry standard (744) and IiP Benchmark (727). All staff indicators as to satisfaction of working at Ellingham were above average standard.

Trustees would like to thank CEO, SMT & the entire staff team for this excellent result, which is an indication of staff’s impression of Ellingham as an employer and the support given by them to teams and individuals.

c. Factors relevant to achieve objectives

With the ever growing concerns from the Board regarding long term financial security, an issue regularly reported in the Trustees annual reports, Ellingham has continued to be an effective service deliverer in the supported employment and vocational training field. The difficulty of this insecurity has meant planning and development of the Organisation has been down to minimal longevity to programmes and staff remaining on annual contracts, this is despite the Organisation having a wide range of contracts with a diverse group of Statutory funding bodies.

The Finance and Development section work tirelessly to ensure that funding appropriate to the organisation’s principles is explored, and partnership working is proving successful in this area, although major funding streams, especially from DWP are no longer available as a direct finance source for an organisation as Ellingham, as the Department seeks to offer contracts solely through major Prime Contractors.

The lack of longer term funding and financial resources has always been a particular weakness in the Trustees view of strategic planning and development of its services, its nature of being one of the more respected and experienced employment services in the Greater London region has encouraged funders to invest in its work, however, such conditions will need to be marketed in a totally different way if this level of funding is to be sustained.

d. Investment policy and performance

The Board continue to strongly refuse any sums for deposit that have risk potential, as in stocks and shares and other volatile/risk-based funds and will continue to desist from speculating in such practices.

Financial review

a. Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.

Page 8

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

b. Reserves policy

It is agreed that Ellingham Employment Services will ring fence and hold reserves that will enable more accurate and prudent control of its resources. These reserves will be to cover the contingencies of:

In addition, the Directors may decide from time to time to divert reserves to cover capital expenditure to facilitate the start of a new project, or to build up additional funds to cover a long term capital project, such as refurbishment of buildings, such levels to be decided by the Board of Directors under the guidance of the Treasurer.

The Board will reserve amounts as it sees necessary in line with the Charity Commission’s recommendations of 3 months to 2 years operating costs as good financial practice. The amounts will vary, as dictated by external influences that decide the levels of income through funders and grant making authorities which are outside the control of the Board of Directors, although every effort must be made to ensure that levels do not fall below 3 months operating costs at any time. For the year 2022/23, it is anticipated that this sum will be in the region of £290,000. Based on the level of reserves, we are initiating a rolling programme of updating facilities & equipment at Ellingham’s sites to maximise environmental & economic sustainability, whilst ensuring premises provide clients with a welcoming facility appropriate to their needs. The level of debtors had increased from the previous year, despite best efforts to attain timely payment.

Reserves will be invested to earn the best interest, yet with reasonable access to funds, the interest being added to increase the capital thereby adding to reserves. Levels of reserves will be reported to the Board of Directors quarterly as part of the financial report.

These actions will empower the Board of Directors to exercise its authority to ensure the continuation of the financial security of the organisation, through its Instruments of the Memorandum and Articles of Association.

c. Principal funding

Due to the extensive range of services that Ellingham offers to enhance the skills of the clients it serves, we therefore have a wide range of funding streams to finances these services.

For financial prudence, all areas are self financing, with management costs proportioned to each department to finance such areas.

Page 9

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Structure, governance and management

Trustees have restarted the self-evaluation process, successfully submitting an update to Charity Commission of its governing document in line with Charities Act 2011. All Trustees now have designated roles and will be working with Senior staff in these roles for the future development of services & structure of Ellingham Employment Services. Trustee meetings continued via Zoom during 2021/22 working closely with Chief Executive and members of the Senior Management Team who have day-to-day management of the organisation.

a. Constitution

The company is registered as a charitable company limited by guarantee and was set up by a Trust deed.

The company is constituted under a Trust deed and is a registered charity number 1010796.

The principal object of the charitable company is to relieve the need of people with learning and/or physical disabilities but not exclusively by the provision of accredited and/or vocational training, sheltered and supported work placements in the Greater London area.

In the event of the Company being wound up Members are required to contribute an amount not exceeding £1.

b. Methods of appointment or election of Trustees

The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.

The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association.

Under the terms of the Memorandum and Articles of Association the Trustees are elected to serve on an annual basis after which they must be re-elected at the next Annual General Meeting.

Due to the work undertaken at Ellingham, its function is to support people who have a range of learning and associated physical and sensory disabilities into employment. The Trustees are recruited on their empathy and direct understanding of people with learning disabilities, and on the Board, are representatives from parents/carers to fulfil this role, in addition to those with professional experience in this field.

Page 10

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

(continued)

c. Organisational structure and decision-making policies

All Trustees carried out their duties well, working the senior staff to implement statutory requirements to ensure a quality service to our clients.

The structure of the day-to-day responsibility for the provision of the charity's services resting with all members of the Senior Management Team, who also have responsibility for ensuring the respective areas of its sections operate in accordance with Team goals/targets is working exceedingly well. This, together with individual supervision and annual staff appraisal of the staff team and also ensuring that the team continue to develop their skills and working practices in line with up-to-date training and knowledge, whilst working jointly and collaboratively on common issues and developments

With the retirement of the Executive Director, Helen Gore was appointed as Chief Executive in July 2021 with full responsibility for the management of Ellingham and oversight & management of the Senior Management Team.

The Chief Executive remains an intermediary between the Trustees and the Senior staff in the organisation. Members of the Senior teams attend Trustees' meetings submitting written reports to discuss specific aspects of work or projects where Trustees may need further information.

d. Policies adopted for the induction and training of Trustees

Most, if not all, of the Trustees are already familiar with the practical aspects of the working structures employed at Ellingham, either from their experiences within their own profession, or experience/expertise with other groups. However, Trustees are offered training as and when specific courses are identified by the Executive Directors. Some of these courses have been taken up during the year.

All new recruits to the Board attend a day long induction to the Organisation which covers;

As part of the Induction package the new recruit will also be given the latest edition of Ellingham’s Code Of Practice Of Trusteeship, which identifies Trustees' roles and responsibilities in running a charitable company. They are also provided, within this pack, with the latest documents from the Charity Commission in the appropriate areas of trusteeship. This Code is revised to reflect changes in governance when indicated from central government or the Charity Commission.

Trustees are encouraged, where practicable to attend seminars organised by the Charity Commission et al. to keep abreast of the latest changes in Government legislation. All Trustees are enrolled onto NVCO Trustee Training Programmes to assist with their professional development in their roles.

Page 11

ELLINGHAM EMPLOYMENT SERVICES (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

(continued)

e. Pay policy for senior staff

Currently Ellingham’s Board of Trustees have responsibility of ratifying all salary increases across the whole organisation, ensuring that Ellingham continues to be a Living Wage organisation. Trustees are working with CEO around budgets to award a pay increase to all staff in 2022/23, ensuring that the requirements of London Living Wage are met.

f. Risk management

The Trustees have assessed the major risks to which the company is exposed, in particular those related to the operations and finances of the company, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks.

A risk assessment register for all Trustees and Senior Staff has been created and is updated at least annually and processes are being reviewed by CEO & SMT in the light of the Covid-19 shutdown & its implications.

Where appropriate, systems or procedures have been identified to mitigate the risks the charity faces. Funding being the most adherent risk to the Organisation has meant that a broader diversification of funding providers and matrixes allow for this risk to be minimised to an extent. As the organisation works with vulnerable people, all staff & Trustees undergo regular enhanced DBS checks.

Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects.

Procedures are in place to ensure compliance with Health and Safety of the charity's staff, clients and visitors to the charity's facilities. To this end in 2021 MoorePay were appointed as our external health and safety consultants.

Staff are updated with risk assessment awareness through regular training sessions either in house or externally run courses with external consultants.

Since 2007, Ellingham became a member of Peninsula Business Services to assist with Personnel, employment Law and Health and Safety Issues, by providing a 24-hour advice line in addition to providing training and sending regular updates and newsletters. All staffing issues are administered in consultation with Peninsula. This service was extended in 2014 to include the services of Peninsula in reviewing all HR policies and procedures of the organisation, and in 2015 to a confidential Employee Assistance Programme to all staff, offering confidential life management and personal support services to all employees and their families, thereby increasing the well being aspect of staff. All Ellingham’s premises also undergo annual external Health & Safety checks, fire/intruder alarm checks, Legionella check and electrical PAC testing to ensure the safety of clients and staff. These are all currently under review to ensure best competitive support to Ellingham’s needs.

Page 12

ELLINGHAM EMPLOYMENT SERVICES (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Plans for future periods

Statement of Trustees' responsibilities

The Trustees (who are also the directors of the Company for the purposes 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 . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company 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 Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 13

ELUNGHAM EMPLOYMETr¥f SERVICES {A company limited by 9uarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Disclosure of InfOrn￿lI0￿ to auditors Each of the persons who are Trustee5 at the time when this Trustees. report is approved has confirmed that.. so far as that Trustee is aware. there is no relevant audtt infomiation of which the charitable company's auditors are unaware, and that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audrt infomiation and to establish that the charitable (x>mpanys audrtors are aware of that inf0m￿ts.0n. Auditors The auditors, Haslers, have indicated their wlllingness to continue in offi￿. The desKJnated Trustees will propose a motion reappointing the auditors at a meeting of the Tnjstees. Approved by order of the members of the trx)ard of Trustees on 21 September 2022 and 5ignwJ their behatr C Bailey {Ch ruslees} Page 14

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ELLINGHAM EMPLOYMENT SERVICES

Opinion

We have audited the financial statements of Ellingham Employment Services (the 'charitable company') for the year ended 31 March 2022 which comprise the Statement of financial activities, the balance sheet, the statement of cash flows and the related notes, including a summary of 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 Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council'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.

Conclusions relating to going concern

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 charitable company'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.

Page 15

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ELLINGHAM EMPLOYMENT SERVICES (CONTINUED)

Other information

The Trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditors' report thereon. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, 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 audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. 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.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees' responsibilities statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Page 16

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ELLINGHAM EMPLOYMENT SERVICES (CONTINUED)

Auditors' responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditors' report.

Page 17

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ELLINGHAM EMPLOYMENT SERVICES (CONTINUED)

Use of our report

This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an auditors' 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 its members, as a body, for our audit work, for this report, or for the opinions we have formed.

Haslers

Chartered Accountants Statutory Auditor

Old Station Road

Loughton

Essex

IG10 4PL

21 September 2022

Haslers are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.

Page 18

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2022

Note
Income from:
Donations and legacies
2
Charitable activities
3
Other trading activities
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Unrestricted
funds
2022
£
60,561
931,728
24,060
1,016,349
4,996
918,393
923,389
92,960
260,828
92,960
353,788		 Restricted
funds
2022
£
-
-
-
-
-
1,550
1,550
(1,550)
4,082
(1,550)
2,532		 Total
funds
2022
£
60,561
931,728
24,060
1,016,349
4,996
919,944
924,939
91,410
264,911
91,410
356,320		 Total
funds
15 Months
Ended 31
March 2021
£
207,640
1,019,901
124,048
1,351,589
3,377
1,328,729
1,332,106
19,483
245,428
19,483
264,911

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 22 to 39 form part of these financial statements.

Page 19

ELLINGHAM EMPLOYMENT SERVICES (A company limited by guarantee) REGISTERED NUMBER: 01984355

BALANCE SHEET AS AT 31 MARCH 2022

Note
Fixed assets
Tangible assets
8
Current assets
Debtors
9
Cash at bank and in hand
Creditors: amounts falling due within one
year
10
Net current assets
Total net assets
Charity funds
Restricted funds
11
Unrestricted funds
11
Total funds		 209,341
282,678
492,019
(141,922)		 2022
£
6,223
6,223
350,097
356,320
2,532
353,788
356,320		 171,398
237,302
408,700
(149,894)		 2021
£
6,104
6,104
258,806
264,910
4,082
260,828
264,910

Page 20

ELUNGHAM EMPLOYMENT SERVICES {A company limited by guarantee) REGISTERED NUMBER: 01984355 BALANCE SHEET (coKfiNUED) AS AT 31 MARCH 2022 The enw was entitled to exemption from audit under section 4T1 ofthe Cijmpanies Act 2006. The members have not required the enlity to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. However, an audit is required in accordance wrth section 144 of the Chanties Act 2011. The TNslees acknowledge their resporFsibditFes for complw.ng with Ihe requirements of the Act with respect to accountsng records and preparation of financial statements. The finanaal statements have been prepared in ac(￿rdan￿ wilh the provisions applicable to enlities subject to the small companies regime. The financial stalements were approved and authorised for issue by the Truslees and stgned on their behaff by". C Bailey Trustees) ate.. 21 SePteM￿r 2022 The notes on pages 22 to 39 fomi part ofthese financial Statem￿ts. Page21

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. Accounting policies

1.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Ellingham Employment Services meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

1.2 Income

All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Company has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Company, can be reliably measured.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

1.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.

1.4 Government grants

Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure.

Page 22

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. Accounting policies (continued)

1.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Company; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

1.6 Tangible fixed assets and depreciation

Tangible fixed assets costing £250 or more are capitalised.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined to be the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Short-term leasehold property - fully depreciated
Motor vehicles - 25%
Fixtures and fittings - 20%

1.7 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.8 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Page 23

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. Accounting policies (continued)

1.9 Liabilities and provisions

Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the statement of financial activities as a finance cost.

1.10 Financial instruments

The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

1.11 Pensions

The Company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Company to the fund in respect of the year.

1.12 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Page 24

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

2. Income from donations and legacies

Unrestricted
funds
2022
£
Donations
179
Legacies
25,000
Government Grant Receivable
35,382
60,561
Unrestricted
funds
15 Months
Ended 31
March 2021
£
Donations
1,491
Government grants
206,149
207,640		 Total
funds
2022
£
179
25,000
35,382
60,561
Total
funds
15 Months
Ended 31
March 2021
£
1,491
206,149
207,640

3. Income from charitable activities

Unrestricted
funds
2022
£
Personalised Budget Client
452,873
London Borough of Newham
86,650
Work and Health Programme
-
Support Work
182,554
Supported Internships
209,651
Outreach East
-
Total 2022
931,728		 Total
funds
2022
£
452,873
86,650
-
182,554
209,651
-
931,728

Page 25

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

3. Income from charitable activities (continued)

Personalised Budget Client
London Borough of Newham
Work and Health Programme
Support Work
Supported Internships
Outreach East
Total 2021		 Unrestricted
funds
15 Months
Ended 31
March 2021
£
539,389
53,961
27,173
281,994
118,422
(1,038)
1,019,901		 Total
funds
15 Months
Ended 31
March 2021
£
539,389
53,961
27,173
281,994
118,422
(1,038)
1,019,901

Page 26

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

4. Analysis of expenditure by activities

Direct costs
Direct costs		 Activities
undertaken
directly
2022
£
684,055
Activities
undertaken
directly
15 Months
Ended 31
March 2021
£
1,047,084		 Support
costs
2022
£
235,888
Support
costs
15 Months
Ended 31
March 2021
£
281,645		 Total
funds
2022
£
919,943
Total
funds
15 Months
Ended 31
March 2021
£
1,328,729

Page 27

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

4. Analysis of expenditure by activities (continued)

Analysis of direct costs

Staff costs
Agency staff costs
Motor expenses
Travel and subsistence
Recruitment
Qualification costs
Staff Training
Rent
Rates
Light and heat
Cleaning
Repairs and maintenance
Printing, postage and stationery
Entertainment
Telephone and internet
Sundry expenses
Equipment and materials		 Activities
2022
£
606,898
33,874
225
686
7,802
394
575
17,688
601
3,690
2,013
2,064
2,325
95
1,241
2,428
1,457
684,056		 Total
funds
2022
£
606,898
33,874
225
686
7,802
394
575
17,688
601
3,690
2,013
2,064
2,325
95
1,241
2,428
1,457
684,056

Page 28

(A company limited by guarantee)

ELLINGHAM EMPLOYMENT SERVICES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

4. Analysis of expenditure by activities (continued)

Analysis of direct costs (continued)

Staff costs
Agency staff costs
Motor expenses
Travel and subsistence
Recruitment
Qualification costs
Training
Rent
Rates
Light and heat
Cleaning
Repairs and maintenance
Printing, postage and stationery
Entertainment
Telephone and internet
Sundry expenses
Equipment and materials
Client allowance		 Activities
15 Months
Ended 31
March 2021
£
923,371
11,506
370
2,678
784
385
75
64,793
2,419
3,250
455
5,600
3,645
164
4,776
1,368
21,343
102
1,047,084		 Total
funds
15 Months
Ended 31
March 2021
£
923,371
11,506
370
2,678
784
385
75
64,793
2,419
3,250
455
5,600
3,645
164
4,776
1,368
21,343
102
1,047,084

Page 29

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

4. Analysis of expenditure by activities (continued)

Analysis of support costs

Staff costs
Depreciation
Motor expenses
Travel and subsistence
Staff training
Training
Light and heat
Cleaning
Repairs and maintenance
Insurance
Printing, posting and stationery
Telephone and internet
Equipment and materials
Equipment and materials
Auditors' remuneration
Legal and professional
Bank charges
Hospitality
Subscriptions
Storage costs
Bad debts
Irrecoverable VAT		 Activities
2022
£
124,867
1,658
228
198
100
10,040
1,353
706
5,000
15,882
718
20,180
1,635
165
8,300
14,974
(93)
363
3,180
1,044
8,506
16,884
235,888		 Total
funds
2022
£
124,867
1,658
228
198
100
10,040
1,353
706
5,000
15,882
718
20,180
1,635
165
8,300
14,974
(93)
363
3,180
1,044
8,506
16,884
235,888

Page 30

(A company limited by guarantee)

ELLINGHAM EMPLOYMENT SERVICES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

4. Analysis of expenditure by activities (continued)

Analysis of support costs (continued)

Staff costs
Depreciation
Travel and subsistence
Training
Light and heat
Cleaning
Repairs and maintenance
Insurance
Printing, posting, stationery
Telephone and internet
Equipment and Materials
Auditors' remuneration
Legal and professional
Bank charges
Hospitality
Subscriptions
Profit and loss on disposal
Storage costs
Bad debts
Irrecoverable VAT
Auditors' remuneration
Fees payable to the Company's auditor for the audit of the Company's
annual accounts		 Activities
15 Months
Ended 31
March 2021
£
155,167
5,074
133
15,668
2,880
1,524
3,173
16,426
4,712
20,132
1,483
8,000
15,437
67
446
5,465
9,109
1,093
(5,588)
21,244
281,645
2022
£
8,300		 Total
funds
15 Months
Ended 31
March 2021
£
155,167
5,074
133
15,668
2,880
1,524
3,173
16,426
4,712
20,132
1,483
8,000
15,437
67
446
5,465
9,109
1,093
(5,588)
21,244
281,645
15 Months
Ended 31
March 2021
£
8,300

5. Auditors' remuneration

Page 31

(A company limited by guarantee)

ELLINGHAM EMPLOYMENT SERVICES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

6. Staff costs

Wages and salaries
Social security costs
Contribution to defined contribution pension schemes		 2022
£
669,219
47,389
15,157
731,765		 15 Months
Ended 31
March 2021
£
990,704
68,311
19,524
1,078,539

The total amount of redundancy payments during the year was £12,372 (2021: £48,089) which includes pay in lieu.

The average number of persons employed by the Company during the year was as follows:

Directors
Management
Admin
Tutors
Catering
Support
Employment consultant		 2022
No.
5
4
2
4
8
10
3
36		 15 Months
Ended 31
March 2021
No.
6
5
2
5
11
27
5
61

No employee received remuneration amounting to more than £60,000 in either year.

Total remuneration including employee benefits paid to key management personnel during the year was £168,431 (2021: £217,412)

7. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2021 - £NIL) .

During the year ended 31 March 2022, no Trustee expenses have been incurred (2021 - £NIL) .

Page 32

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

8. Tangible fixed assets

Cost or valuation
At 1 April 2021
Additions
At 31 March 2022
Depreciation
At 1 April 2021
Charge for the year
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021
Debtors
Due within one year
Trade debtors
Other debtors
Prepayments and accrued income		 Short-term
leasehold
property
£
145,317
-
145,317
145,317
-
145,317
-
-		 Motor
vehicles
£
8,916
-
8,916
8,870
14
8,884
32
46		 Fixtures and
fittings
£
17,691
1,776
19,467
11,632
1,644
13,276
6,191
6,058
2022
£
133,893
15,984
59,464
209,341		 Total
£
171,924
1,776
173,700
165,819
1,658
167,477
6,223
6,104
2021
£
79,170
14,248
77,980
171,398

9. Debtors

Page 33

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

10. Creditors: Amounts falling due within one year

Trade creditors
Other taxation and social security
Pension fund loan payable
Accruals and deferred income		 2022
£
2,698
14,162
2,248
122,814
141,922		 2021
£
28,627
13,635
1,814
105,818
149,894

Page 34

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

11. Statement of funds

Statement of funds - current year

Unrestricted funds
General Funds - all funds
Restricted funds
David Solomon Grant
LBWF Infection Control
Total of funds		 Balance at 1
April 2021
£
260,828
67
4,015
4,082
264,910		 Income
£
1,016,349
-
-
-
1,016,349		 Expenditure
£
(923,389)
-
(1,550)
(1,550)
(924,939)		 Balance at
31 March
2022
£
353,788
67
2,465
2,532
356,320

Page 35

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

11. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds
General Funds - all funds
Restricted funds
David Solomon Grant
Lottery Community Fund
London Community Fund
GLA Barrista
LBWF Infection Control
Total of funds		 Balance at
1 January
2020
£
245,081
347
-
-
-
-
347
245,428		 Income
£
1,239,128
-
74,533
23,528
9,000
5,400
112,461
1,351,589		 Expenditure
£
(1,223,381)
(280)
(74,533)
(23,528)
(9,000)
(1,385)
(108,726)
(1,332,107)		 Balance at
31 March
2021
£
260,828
67
-
-
-
4,015
4,082
264,910

12. Summary of funds

Summary of funds - current year

General funds
Restricted funds		 Balance at 1
April 2021
£
260,828
4,082
264,910		 Income
£
1,016,349
-
1,016,349		 Expenditure
£
(923,389)
(1,550)
(924,939)		 Balance at
31 March
2022
£
353,788
2,532
356,320

Page 36

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

12. Summary of funds (continued)

Summary of funds - prior year

General funds
Restricted funds		 Balance at
1 January
2020
£
245,081
347
245,428		 Income
£
1,239,128
112,461
1,351,589		 Expenditure
£
(1,223,381)
(108,726)
(1,332,107)		 Balance at
31 March
2021
£
260,828
4,082
264,910

Restricted Funds

The David Soloman Grant was a donation received to be used for the I Can Ventures project.

National Lottery Community Fund Covid - Reponse: This is in respect of Covid 19, to support Ellingham in relation to the 'I Can Connect' Project.

London Community Response Fund (LCRF) Grant: This is in respect of purchasing Laptops and Ipads for employees and clients to work remotely.

(LCRF) Mayor's Young Londoners Fund GLA Grant: This is in respect to funds received for a new Barrista Project.

LBWF Infection Control Grant: This is in respect to funds received from Waltham Forest to support staff costs of receiving regular Covid 19 testing and travel to and from work to maintain infection control.

Unrestricted Funds

General funds represent the "free reserves" of the charity for its unrestricted use in connection with its overall charitable objectives

13. Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted
funds
2022
£
Tangible fixed assets
6,223
Current assets
489,487
Creditors due within one year
(141,922)
Total
353,788		 Restricted
funds
2022
£
-
2,532
-
2,532		 Total
funds
2022
£
6,223
492,019
(141,922)
356,320

Page 37

(A company limited by guarantee)

ELLINGHAM EMPLOYMENT SERVICES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

13. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior year

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Unrestricted
funds
2021
£
6,104
404,619
(149,895)
260,828		 Restricted
funds
2021
£
-
4,082
-
4,082		 Total
funds
2021
£
6,104
408,701
(149,895)
264,910

14. Contingent liabilities

In 1998 the charity received a restricted grant of £150,000 from National Lottery Charities Board in order to build and set up a training centre. The conditions of the grants stipulated that such assets shall not be disposed of without prior written consent of the National Lottery Charities Board and, that they shall not be used for any other financial purpose. This restriction applies for 80 years from the date of acquisition, and expires in the year 2078. If the charity does not comply with these conditions, the grant received will have to be repaid.

We are aware that there is a potential clawback of funding in relation to the work choice income stream. However, at this stage this amount has not been quantified or accepted by the Charity.

Page 38

ELLINGHAM EMPLOYMENT SERVICES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

15. Pension commitments

The charity operates a defined contribution scheme whose assets are held independently and administered separately from those of the charity. During the year, the cost was £15,157 (2021: £19,524). Contributions totalling £2,248 (2021: £1,814) were payable to the fund at the balance sheet date and are included in creditors. The charity has a commitment in respect of the capital repayment of pension contributions being paid by the London Borough of Waltham Forest of £24,450 (2021: £24,450) due as at year-end.

16. Operating lease commitments

At 31 March 2022 the Company had commitments to make future minimum lease payments under noncancellable operating leases as follows:

Not later than 1 year
Later than 1 year and not later than 5 years
Later than 5 years		 2022
£
31,000
124,000
294,500
449,500		 2021
£
31,000
124,000
294,500
449,500

17. Related party transactions

During the year the Amplified IT, a company in which a trustee is the director, provided the Charity with IT services. The total amount of services provided for the current year was £15,166 (2021: £21,641). There is no balance outstanding at the year end to Amplified IT.

Page 39