2023-08-31-accounts

Trustees				Mr SPatel (Chairman)	Mr SPatel (Chairman)	Mr SPatel (Chairman)			(Appointed	29 November	2022)
				Mr SAtkinson					(Appointed	1 September	2023)
				Dr S Flew
				Mr P Garrett					(Appointed	8 November	2022)
				Mrs P Gough
				Mr D Leyshon
				Mr ASanderson
				Mr0 Chun
				Mr H Railton					(Resigned	20 November	2023)
				Mr DAnthony					(Resigned	22 November	2022)
				DrJ Preston					(Resigned	21 July 2023)
CEO				Mr AWhitby-Collins		(appointed		1	March 2024)
				Mrs A Edwards	(resigned		1 March		2024)
Charity	number			1040572
Company		number		02957349
Registered			office	Surrey Technology		Centre
				40 Occam Road
				Surrey Research Park
				Guildford
				Surrey
				GU2 7YE
Independent			examiner	Chris SCairns
				Friary Court
				13-21 High Street
				Guildford
				Surrey
				GU1 3DL
Bankers				NatWest Bank
				Guildford High	Street (A)		Branch
				151 Guildford	High	Street
				Guildford
				GU1 3AH

			Page
Trustees' report			1-12
Independent examiner's		report	13
Statement offinancial	activities		14
Balance sheet			15
Statement ofcash flows			16
Notes to the financial	statements		17-27

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2023	2023		2022	2022	2022
		Notes
Income from:
Donations and legacies			16,339	230,131	246,470	28,692	251,882	280,574
Charitable activities			353,996		353,996	378,139		378,139
Investments			3,721		3,721	196		196
Total income			374,056	230,131	604,187	407,027	251,882	658,909
Expenditure on:
Raising funds			30,638		30,638	26,026		26,026
Charitable activities			318,345	279,809	598,154	275,184	304,760	579,944
Total expenditure			348,983	279,809	628,792	301,210	304,760	605,970
Net income/(expenditure)		and
movement in funds			25,073	(49,678)	(24,605)	105,817	(52,878)	52,939
Reconciliation	offunds:
Fund balances at 1 September
2022			354,220	71,428	425,648	248,403	124,306	372,709
Fund balances	at 31August
2023			379,293	21,750	401,043	354,220	71,428	425,648

					2023			2022
			Notes
Fixed assets
Tangible assets			13			65,598			54,598
Current assets
Debtors			14	43,354			27,080
Cash at bank and in		hand		394,950			406,355
				438,304			433,435
Creditors:	amounts	falling due within	15
one year				102,859			62,385
Net current	assets					335,445			371,050
Total assets less current liabilities						401,043			425,648
The funds	ofthe charity
Restricted	income funds		17			21,750			71,428
Unrestricted	funds					379,293			354,220
						401,043			425,648

				2023		2022
			Notes
Cash flows from operating		activities
Cash generated from operations			21		17,567		43,291
Investing	activities
Purchase	oftangible fixed assets			(32,693)		(43,220)
Investment	income received			3,721		196
Net cash	used in investing	activities			(28,972)		(43,024)
Net cash	used in financing	activities
Net (decrease)/increase in		cash and	cash
equivalents					(11,405)		267
Cash and	cash equivalents	at beginning	ofyear		406,355		406,088
Cash and	cash equivalents	at end of	year		394,950		406,355

Unrestricted	Restricted	Total	Total
funds	funds
general
2023	2023	2023	2022
F	F	F	F
16,339	230,131	246,470	280,574

Unrestricted	Unrestricted
funds	funds
2023	2022
343,972	366,543
10,024	11,596
353,996	378,139

Unrestricted	Unrestricted
funds	funds
2023	2022
f.
3,721	196

		Unrestricted	Unrestricted
		funds	funds
		2023	2022
		f
Fundraising	and publicity
Staff costs		30,006	25,983
Support costs		632	43
		30,638	26,026

				STEM	Construction	Employability	Total	Total
							2023	2022
Staff costs				81,882	260,236	43,077	385,195	365,661
Depreciation					21,693		21,693	18,203
Associates				701			701	3,949
Motor 8 Travel				2,054	26,968	125	29,147	30,098
Materials	&Tools			5,735	22,406		28,141	35,619
Office				2,296	14,789		17,085	13,944
Other				12,975	12,735	535	26,245	20,178
				105,643	358,827	43,737	508,207	487,652
Share of	support costs (see note 8)			17,135	60,830	7,711	85,676	85,985
Share of	governance		costs (see note
8)				1,073	2,851	347	4,271	6,307
				123,851	422,508	51,795	598,154	579,944
Analysis	by fund
Unrestricted		funds -	general	27,916	282,584	7,845	318,345	275,184
Restricted		funds		95,935	139,924	43,950	279,809	304,760
				123,851	422,508	51,795	598,154	579,944

8	Support	costs	costs
				Support costs	Governance	2023	2022
					costs
					F
	Staff costs			30,437		30,437	41,164
	Motor &Travel			1,221		1,221
	Office			20,914		20,914	22,241
	Other			33,736	188	33,924	23,052
	Independent		Examiner fees		4,083	4,083	5,878
				86,308	4,271	90,579	92,335
	Analysed	between
	Fundraising			632		632	43
	Charitable		activities	85,676	4,271	89,947	92,292
				86,308	4,271	90,579	92,335

	Governance costs includes	Governance costs includes	payments	payments	for an independent	examination	ofF2,810(2022-f2,556).
9	Net movement	in funds					2023	2022
	Net movement	in funds is	stated	after	charging/(crediting)
	Depreciation of	owned tangible		fixed	assets		21,693	18,203

				2023	2022
				Number	Number
Administration				1	2
Activity support				6	5
Tutors				10	10
				17	17
The full time equivalent	number	ofemployees	in the year was 12(2022: 10).
Employment costs				2023	2022
					F
Wages and salaries				408,330	394,163
Social security costs				30,045	30,007
Other pension costs				7,263	8,638
				445,638	432,808

13	Tangible fixed assets	Tangible fixed assets	Tangible fixed assets
				Fixtures and	Motor	Total
				fittings	vehicles
	Cost
	At 1 September 2022			2,106	140,949	143,055
	Additions				32,693	32,693
	At 31August	2023		2,106	173,642	175,748
	Depreciation	and impairment
	At 1 September 2022			2,106	86,351	88,457
	Depreciation	charged	in the year		21,693	21,693
	At 31August	2023		2,106	108,044	110,150
	Carrying amount
	At 31August	2023			65,598	65,598
	At 31August	2022			54,598	54,598
14	Debtors
					2023	2022
	Amounts falling due		within one year:		K	F
	Trade debtors				19,520	16,686
	Prepayments	and accrued income			23,834	10,394
					43,354	27,080
15	Creditors: amounts		falling due within one year
					2023	2022
				Notes
	Other taxation	and social security			8,867	7,998
	Deferred income			16	79,719	43,300
	Trade creditors				5,157	2,765
	Other creditors				2,377	1,511
	Accruals and	deferred	income		6,739	6,811
					102,859	62,385
16	Deferred income
					2023	2022
						F
	Other deferred income				79,719	43,300

Deferred income is	included in the financial statements as follo	ws:
		2023	2022
Deferred income is	included within:
Current liabilities		79,719	43,300
Movements in the year:
Deferred income at	1 September 2022	43,300	52,410
Released from previous periods			(9,110)
Resources deferred	in the year	36,419
Deferred income at	31August 2023	79,719	43,300

			At 1	Incoming	Resources	At	31August
			September	resources	expended		2023
			2022
					K
STEM Programme		Fund	22,894	87,791	(95,935)		14,750
Mobile Classroom		Fund		89,422	(82,422)		7,000
Mentoring	Fund			38,800	(38,800)
Fixed Assets Grants reserve			48,534	14,118	(62,652)
			71,428	230,131	(279,809)		21,750
Previous	year:		At 1	Incoming	Resources	At	31August
			September	resources	expended		2022
			2021
STEM Programme		Fund	73,341	105,267	(155,714)		22,894
Mobile Classroom		Fund		84,104	(84,104)
Mentoring	Fund		6,000	40,770	(46,770)
Fixed Assets Grants reserve			44,965	21,741	(18,172)		48,534
			124,306	251,882	(304,760)		71,428

			Unrestricted	Restricted	Total
			funds	funds
			2023f	2023	2023
Fund balances at 31August 2023 are represented		by:
Tangible	assets		65,598		65,598
Current	assets/(liabilities)		313,695	21,750	335,445
			379,293	21,750	401,043
			Unrestricted	Restricted	Total
			funds	funds
			2022	2022	2022
					F
Fund balances at 31August 2022 are represented		by:
Tangible	assets		54,598		54,598
Current	assets/(liabilities)		299,622	71,428	371,050
			354,220	71,428	425,648

	2023	2022
Within one year	11,851	1,048
Between two and five years	33,041	523
	44,892	1,571

	Remuneration of key	management	personnel	personnel	personnel
	The remuneration of key management			personnel			is as	follows.
									2023	2022
	Aggregate compensation								42,588	44,134
	There were no other related party transactions					during the year (2022: none).
21	Cash generated from	operations							2023	2022
	(Deficit)/surpus for the	year							(24,605)	52,939
	Adjustments for:
	Investment income recognised in statement				offinancial			activities	(3,721)	(196)
	Depreciation and impairment oftangible			fixed assets					21,693	18,203
	Movements in working	capital:
	(Increase) in debtors								(16,274)	(14,613)
	Increase/(decrease) in	creditors							4,055	(3,932)
	Increase/(decrease) in	deferred income							36,419	(9,110)
	Cash generated from	operations							17,567	43,291
22	Analysis ofchanges	in net funds