¢vilY rrfi5tTrti(m Durnber 1011403 Compry registrati 02881047 IEnKld ahd Wale51 LEARNING TO WORK {SOUTh EAST) lImED ANNUAL REPORT AND UNAUDITED FINANCIAL StATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 *AB)FOAD4¢ 2311212022 COMPANIES HOUSE A23 264
LEARNING TOWORK {SOUTh EAsn UMITED LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr Roland Cundy Mr ma FY&ldhoLtse Mrjohn Frenth Mr Kevin McGann Mr Richard Standen Mr ChrtopherThofflas Mrs Rama Varsani Charfty nurnl 1Tr11403 C<Thpany number 02888047 Reosteredofflee 178 Bucb"ngham A¥enuÈ SkJu8h Berkshwe SLI 4RD
LEARNING TO WORK (SOUTH EA5fi LIMrrED coMrENTS Tf115tees' report Irxlependem examiner's report Statement of finanaal artivtties alare theet St•ternerrt of ta5h flow5 io l•otes tothefinaTrck415tstements 11-15
LEARNING TO WORK (SOUTH EAsn UMITED REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2022 The Trustees present ihwr annual reportto8etherwith the financial stètsments of the ¢haflty forthe perbd l April 202110 31 M4rch 2022. Oble(tlve5 and xti¥ryttes Throughout the yeaT the char¥ cwtinued to work in support of its ky objecti¥e5. In 5ettini our obiectiVES for the year and pl•nnin8 our aCtitIes. the irusree5 ha¥e considered the Charity Ccfflmi5sion's guidaftce on public &nefil inclyd¢nz the guldance on puts1 berfrt and fee charging. in settinR le¥el of fees. charges and WnCeSOnS the trustees ¥i% careful consideration tothe assibilItY of its seNce5forthose oft low income. Athle4ements pertorniante Ke4 financial performanc¢ Inditatois The organisation has three main 50urres of IrKome'. - Delivery of Serwce5. Entsand Actiwties for Sth0015 lindL"n¢Vlork Experiencel - Business MÈmbErship15ponsOf5hip - Contrarted delivery as a resukof successfvl 8rnnVlund applicaiw)ns and t15. Intermsof expedituwt.the laT8t5t eXpsl0[1he oryani5ation is ylaryrosi at 85%01 ttstsl operating £osL Ree 01¥rtleS Throu¥hout the last year. we hwe continued io work dosety ¥th oureduotion custoners. p3rticularly in line with the Gatsb¥ Benchmarks fDr CareeTS Guidance to ensure ihal services. e%tnts artiTrAties that we offer and provide for them continue to be n8a8ir¥, in5pirin8and iMthI eApuiencesfortheir •Ms. The financlal Vear 2021-22 was a period of tFansition for the chaTrtY. è5th¢ fiw5t two ouartts saw the ¢ontinuatlon of Virtual deltry ot our project and arti¥itie5 asresult of on-go£ restrictions from the pandemi£. with a return to in-per50n delNery in 5rhoo15 frorn Septembei 2022. Activities that retumed to iTrperson dellbtryintluded". Careers Gvidanre Q&A Panels Work Ready Conferenies Enterprise Events IntEMew Oays WeweT* alsoabletD corrtinuewith delwy ol Busine55-led proRommes fort folk)wiThg partner5.' Heathrow Printe's Trust SEGRO British Land Ascot Racecourse CrtyFitrxe These initiatives were delivered both wtu•lty Ind iTrper50n. depwdtrn8 M thE format ot the activity and when it was deli¥ered. Gr4nt FundinE Wa5 a150 secured from the Europeah S(%i•l Fund IESF) amd the Berkshire Ctynmunity Foundation IBCFI to dellver the followin8 pioiects.. ESF- ProJErt BEEP- Employability pwrarnffe briniiTr8 towher schooJ¥ colleges and local empl¢wr5 BCF-'Spotlight' E%Rnts- rtUal Careers Everrts for Sk)ugh. Bratknell and Re•ding.
LEARNING TO WORK (SOUTH EAsf) UMITED REPORT IINCLUDING DIRECtORS' REPORn ICONTINUED) FOR THE YEAR ENDED 31 MARCH2022 Whilst it IWd5 possib to reinstste muth of wr pre-pandiC attmty. thje to the restrcdon5 the impact of the pandemK on local businesses, rt was not ¥iable to reintrodute work e4)trnce progwamme durifi8 thi5 period. This had SIEnrficant impact on irbcome lor the Organisat_ In the w&pandemic rIOd of 2QIgZO. work experientt had been respon&ble for £153.564127%1 of theorpni5ation'5 totsl intoffle. The thnartial periDd 2021-22 saw an MKrease in total Inc of 7.28% on the pre¥iou5 ar to £458.385. Thi5 Wè5 due to an increase in Inco tr Careus Guthnce pr19¢ to £83.81612019-20 £42.9351. This rexlted ¢n an end of ar 5wpIus of £5.962. Given the challen8es faced. this ts an thJtskndin8 athiÈ%efftt and testsrrtnt to the hard WO and delem)irIort of the teim. The contribution and ¢omrnitment of our iwyre55 ¥¢knnteer5 alsts recognised this peri. the orniSatiO was awarded the Queen's Award for Vtsluntaryserrice 2021. This is the e4uivalentof an MBE for TrIary groups and aims to r08n1Se out#anrfing work Yolunteer 8roup5 to beneffit their l(Kal communrfiies. FlnarKlal re¥iew . Goin8 (Lmurn After making appropriate enquir5. tru5teeshknY a reasonable eXpert0t thatthecompany ha5 adequate resources io continue in OPErational exirteno for the foreseeaLle fure. For this reason. Ihey coniinue to •d¢Jpt the 8oin8 toncefn y5 in prep4rinB the finawal 51ements. b. Res¢r¥es polity The Board of Trustees has agreed SUffent SeNe$ to be held by the charity at the year end. ThEy have eam)arked all n$triced funds to contractual liabilrties and statutory employment obligation5. At the year-end, the charity had available reserves of £84,18012021.' £76.2181 held in order io continue to prolIe serCeS in furtherance ol its objects should Ihefe te a temporary shortfall in incomiw Iu[r c. Matrial irtvÈ#ments poliey Under the memorandum and artides ol as¥rtiation.the ¢harityhasthe FK)werto Mrtst in any way the truttees $h. ansfor the future202Z-13 a. Futurede¥elopments The current income farecast for the new finanual itar 2022-23. should allow the organ0 to Kenerate o small surplu5 agèin by year end. In the short term (the new finanoal ¥arl, focus be on the lOpmen1 and impthent•tion of a new proBramme to SUFPOrt young people whi15t tlEy ère not able to 14e part in exwience. Tht5 progiamme wll rted to caterlor all types of #udents acr055 the many dilFerent schools we ry)rk with. We 11 l¢ok to futher inrre45e our Carftrs Gwdance w0¥75KllI to sthoots as wdl Is answer the 8rowirtB demand for Careers Events in Schools. We will èlso be wnplementing new P&rrrnesI Ina51 existing delibryfor tTresS partn5. This will all need to be achieved at ihe same time as ensurine that * can c0ThtFn to Sup( our sclh)ols and businesse5 in thE most apwowiate way and delNer at our usual high standard. Business ar$in& de¥elopment and #late rtinue to be trj enswe the resilien aThJ robusrness of the orynlsaiion for the future. It is the policy of the Of8ènisatioTh that uhrÈ#ii¢ted fvnds whi¢h have not been dvsi8nÈd for a specific use shodd be maintoined at le%tl equivalent to between three and month'5 expenditurt. The board considers that reserves at this Pevel will ensufe that, in the event of a 5bEn1f3fit drop In fundin& thy be èble to continue the ch4TiW5 curient activities while cOnseration is 85%n to ways in •ddilional fvnd5 may be raised Thv ltrl ol reserves has been maintained throughout the ye4f.
LEARNING TO WORK (SOUTH EAST) UMITED REPORT {INCLUDING DIREcfoRS' REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH2022 Constitulioii The company wa5 Set up by Memordndum of A550CiatiM 14January 1994 and is rqistved as a chaTrtable company limrted by guarantee. Method of ppoirrtm•rt or tlertith of truste The manaEement of the coMY is the re¥Try"1 of the TNses who are ekned and ctropted under the temis of the Article5 of A$50Cialion. Ortanrsational stnthre and dtisiom ma&im¢ Tht charity 15 ultirnately governed by the Board of Trustees tho agree5 and mtsnit¢Ms the FoThva plan and approves all the Charity's polcies. Indudion dIraInin$ olnew trnrtees TrUee5 are sought for the Board 5petthully to add vèluo to the tharity. This is both in terms of treating a Board that Ss representati¥e of the cofflmunrty the Charity Ser and one that has all the skills and ewernCe required to properly carry out the work ol the tharity. Wn a potential trustee 15 identified. they are iTh¥ited to attend a number of 8oard meebnBS in the C4pa¢ity of Observtr. Once they and the Board have gainetl understsnding of each Oihertheyare nominated for the portion of trustee. The emistin trustees vote by way of a show of hands and a unanimous deosion 15 sought. The wte 15 carrd out pnvate W(th0 the prospective trustee bn8 pfesent. 405t trustee5 are farniliar wth the prartiral worl of a charity. Newtrustee5 undergo an orierfabon day to brief them on their legal obligatTr$ under charty and company law. the content of the MemoraThJum ènd Articles of asSociatn, the committee and decision makin& thE bune$S pl•n arwl Tecent finantial perfmances of the tharity. Trustees are encouraged to attend 4ppropriate extefnal training events 4there these will facilitsiethe undwtsking of thr role. sk manaymtrtt 'Learnin8 to Work, acknowledee5 at all time5 the risks a$sated with its vrk as a charitdble company. The board of trustees ensure5 that lis Object5, philosopfv and str•te8y encompasses the Fdenbhcation and £orrtrol Df risk at all limes. recognise5that wch risk irwolves the folbwin8- overnan¢t and MafiageTrt -Operètional risk -Financial risk -Environmenial aThl external ri -Law and rewlation tompliance risk To ensure that such risk idertffjd and apwopriate Control Measu are into place. the board of trustees ensure5 that the Chief Exe£utiv2 OffKer ICEOI undertake5 regular re¥it and eluatIon of all aspett5 of the company and subrnf(S a regular risk analyys to the t*)ard.
LEARNING TO WORK (SOUTH EAsn LIMITED REPORT (INCLUDING DIREcfoRS' REPORT) ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Relorenre and adrfnlstra14¥e dd*ls RrfisterÈd Compny numblr 02888047 {Enand and wa$) fteEistered Charbty nwnber 1041403 Ae8lst¢r¢d 24 Pa£khorse Road Gerrards Cr055 Buckinghamshire SL9 7QE Twrttts Mr R H Cundv Chairman Mr M P Fieldknu5e Mr R I Stènden Mr J A French Mi K T MtGann Mr CJ Thomas Chlef EY¢utb¥e OFficer MTS R Burt Independent EMarnir Numn Haard LLP 2-4 Packhorse Road GerTrrds Cross Buckin6hamshwe SL9 7QE Banker5 Bhrclays Bank pl¢ IQ HiÉh Street Madow &vckingharn5hire 5L7 IAR
LEARNING TO WORK (SOUTH EAST) LIMITED REPORT (INCLUDING DIREcfoRS' REPORTI (CONTINUED) FOR THE YEAR ENDED 31 MARCH2022 The trustees. who are a150 the diredof5 of Learni to Work (South East) Limited for the pwse of company law, are responsible for preparing the Report and the ffinanoal statements in xcordance with appltsb5e law and United Kingdom AccountlnB Stdards Iunitsd Kingdorn Generalty Arpted Acowntirva PractKel. Company Law requi the trustees to wepare financial staterr*nts for each financial year whith give a twe and tair view of the state of affairs of the charitable company and of the inroming resources and apiCatI ol resources, including the intome and expenditure. of the charitable company for year. In preparing these financi #atÈfflents. the trustees are requiredto: - selert $Itable accounting poliaes and then 3ppty thern ttsnststertt. - observe the methods and prinriples in the Charitie5 SORP: - make judgements and eImate$ that are asOnable and prudent: state whether appliCae accountin8 srandartls been followed. subiert to any material departures di5dosed and explained in the the financial statements- - prepare the financial thtements on the going nrn bays unless it is inappropriate to presume that the will continue in opefation. The trustee5 are responsible for keeping adequate acrounting records that disclose with wsonable accuracy at any time the rinantial position of the tharitable company and enable them to ensurt that the financial statements comply with the Companie5 Art 2006. They are also reSp151bIe for safe8uardin8 the assets of the chaiirable company and hence for takin8 reasonable steps for the wevention arwj detertion offr•Jd and othef wregularities. Rep rt of the trtee5 incorporating a strntegic repowt apprDbrd by order of the board of tn1 as the company directors, 6Jkn.kY&nd signed on the board'5 behalfby: MrRHCundy-T stee
LEARNING TO WORK (SOUTH EASTI UMITED INDEPENDENT EXAMINER'S REPORT TO THE OF LEARNING TO WORK (SOUTH EAST) LIMITED I report tothe charity trustees on myeNAminatiDn oftheactounts ofthe CoNwrryfor the >tar ended 31 March 2021. Re5pon5ibilitles la51501 repxt A5 the charity'5 trustee5 of the Comparry land also its dirertty5 tor the PWFQ5e5 of company lawl you are poNSible fr)r the prepavation of thefinancial statemerrts in arconlante7ith thÈ requientS of tlComyrNesAtl 2006 (the 2C4)6 Att). Having satisfied myself that the finanaal Statements of the Company are required to be •udited under Part 16 of the 21NJ6 Act and are eligible for Independent e¥aMtiOn. I report in respect of my eyamination of the ¢h4rity'S finantial statements as carried out undef sertion 145 of the Charities Art 2011 (the 2011 Act). In (arrwnK Out my examinatM)n I havt follt)wed all thÈ •pplicable Dirertions 8iven ty the (harity Conwni55ion under 5ertion 14515llbl olthe 2011 Art. Ihdependert examinerfs slaient Since ihe charity's 8ross income exceeded E25Q.CW your eyaminer mu# be a member of a tJdy listed in section 145 of Ihe 2011 Act. I ccnhrm that l am qualthed to undert4ke the examiftation bEcause l affl a member ol ICAEW. which is one of tht listed bod& I have completed my eNAn¥nation. I confirrn that no matters he come to ry attention in connectK)n with the etsmlnation me rau5e to belve that in arty material respea.. accounting rerord5 re not kept in respect of the Company as required ty 5ertityn 386of the 2(X)6 A¢t: or the financial 5tèiements do not accord wrth those retords.. QT the linancial statefflent5 do not c¢mF4ywith the acc¢)untin8 requirements of 5ertion 3% of the 2CQ6 Art other than any requirernent that the accounts 8Ne a true and fair wew which Is not a matter 0Sidered as part of an Independent e¥3minalion' the fit)ancial statements not toen wepared in accorda•ce with the ftthtyJs and pwinciplts of the Ststement of Recommenthd Practice for accounting ar reporting by charities to thaTities preparing their a¢¢owts i accordance with the financial Repwstsrtda aPPe in the UK and liepublic of Ifeiaftd IFftS 1021. I hève no ioTrcems and have come acros5 no other matter5 in connottion With the wrninotion to which attentvjn should be drawn in th15 report ift OTderto enable a propeT understandin8 of tl* finanual ststementsto be rea[d. Slmon Oodd ICAEW Nunn Hayward LlP Chartered Accountants 24 Packhorse Road Gerrard5 Cm5S 8ucks SL9 7QE Dèted.. 8 Oecembei 2022
LEARNING TO WORK (SOUTH EAsfi LIMITED STATEMENT OF FINANCIAL AcrivmES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022 Unrestricted Unre5tr1ded fvnd5 fvhd5 2022 2021 Ntytes Ihtoffle Iroffl: Oonations and legacies Charitable actiwt5 Othertrading activities InveAments 13.298 41Q.840 34.236 li 38.686 388,522 47 Totsl 1thrne 458.385 427.255 ndiluv Charitsble al1t5 4S2.321 446.889 Other 102 ToLIl expendftyre 452.423 446.889 Nei incomellexpemktuielfor thytarl Net mo¥emetht in funds 5.962 119.6341 Fund balarKes at l Awil 2021 78.218 9?52 Fund tsalncos 1 31 P•larth 2012 84.180 78.218 The st4temtht oFhn4nthil activities includes all gainsand h)sses [ewlled in the year. All income arld exnditre derive from mnbnuini •ctM1. The 5tstement of finanual actiwties also complies with thE TewbTErrnts for an income Expenditure •ctt*unt under the Companv&sAct 2006.
LEARNING TO WORK (SOUTH EAsf) UMITED BALANCE SHEET ASAT31 MARCH 2022 2011 Notes Fixed ass5 Taneible assets 2.435 4.871 Cuvrent assets Detstofs Cash at bank and in hand 71.n8 92.241 39.118 98.993 163,979 138,111 credito nOuntslan8 dut willwn vear li 145.5671 117.5421 Net current 45sets 118.412 I20.9 Total assets le55 liabllfts 120.847 125.440 Creditors.. amoun151lhn6 due aftv rnwt than one al 13&6671 147.2221 asws 78.218 Inwme Iwids unre5tri¢ted funds 78.218 84.180 78.218
LEARNING TO WORK (SOUTH EAST) LIMITED BALANCE SHEEf (CONTINUED) ASAT31 MARCH 2022 The company is entitled to the eXeMpn fr(ffi) the audit requirement contsined in sertion 477 of the Companie5 Art 20C6. for the year ended 31 March 2022. The directors acknowledge their re5wJn5ibilities for comptying wrth the requ1Ments of Companies Act 2(Q6 with respect to accounting cOld5 and the ppar*n of financial statemerrts. The member5 have not required the compary to 0trrta an audit of its financial statemerrts for the year in question In accordance with section 476. These financial stalemenls have been prepared rn accorda1 with the pThiyons applioble to companies subject to the small companie5 regime. The financial 5Mements were appmved bythe on 8 December 2022 Mr Rolan Compaffji wstratlon number0298
LEARNING TO WORK150UTh EA5f> LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH2022 2021 Cash flo*s frtymoptratint atI Cash lab50rbed byll8enerated frL¥n opeIlDn$ 15.9301 9,386 Investlnz attl¥btres In¥estrnent income recei¥ed li 47 li 47 Finantin8 acti¥i¢it5 Repayment ()f borri)win8S 18331 Nql ush Iu50d 1/enerated from Iln¥ arti¥ities 18331 so,thJo Net Idoveasellinuease In ush and (ash ewNalents 16,7521 59,433 Cash and cash ewivalents at bewnninE ofye¥ 98.993 39,56D Cash and tZ5h e4ui¥alefftts at end of par 92.241 98,993 10-
LEARNING TO WORK (SOUTH EAsf) LIMtfED NOTES TO THE FINANQAL sfATEMENTS FOR THE YEAR EhlDED 31 MARCH2022 Attounlin8 polides Charlty Infommtion Le•rning to Work (South Eastl Limited is a prNate compary kn"mited fy guarantee incorpoiated in En8tsnd and Wale5. The few5tered offKe 15 178 8uckiThEham knnue. zh, BtTkshNe.$11 4fLO. 1.1 kcountihE£oTr¥entlon The finantial stètements of the charitsble compary. ThTth 15 a publ bEnefit eThtity under FRS 102, have been prepored in accordance Witb ihe CharTbes 50RP IFRS 1021'AccouMin8 and Peporbng by Charities.. Statement of Recomrnerbded Prarti£e to charitie5 preparing theiT atcounts in acwrdance th ihe Financkal Reporting StaThJard applicable in the and RepublK of IrelaTrd IFAS 1021 leffeclive l January 20191.. Finanoal Reporting Standard 102 The Financial Repothg St•ndard applKable In the UKand ReputAK of Ireland. and the Companies Acr 2006. The financol statements are wep•red in 5terlin& whKh is the fvnrth)n41 cUrt of the. Monttary amounts in these financial sweffEntsare rwred to the nearest £. The financial ststemerts ha been prepared uThler the his11)31 tost tonNntion. In)drfted to include the re¥71uatlon ol freehold propertie5 ond to Include Investn pmperties and trrtain finanual instruments at fair v•luel. The principal aCCOUrfin£ policiesadopted are set out below. 1.2 Goin¥concern The financial statements hwe been prepared on a corKem ba51& The Trustee5 he rewewed #nd considered rdÉwant information. intluding the annual budiet in making their assessment. In partioJlar, in response to the COVID- 19 pandÈrnK, the Trustee5 haK 4s5essed the irnwt on iheir artMkne5 of possible 5cenaTiOS brought on by the impart of Cov119, alon8side the mea5ure5 that ha¥t been undertaken to miriEate the current ad¥tr5e condition5, and the current resour£es availabk, the TrUeeS haN conduded that thty can continue to athpt the going concern basts in preparing the annual report and accoLMt> 1.3 Inwme All income 15 re¢o8rHsed the Ststernent of Financwl Attivities once the chorrty hos entidement to the funds, it Is probaNe that ihe irorne will be recei%d and the amount (3n be rneasud reliablv. Oonated seNices or facilities are re£oBnised twhen the company has control over the item, any condition5 •55OClated Wh the donated item been met. the receipt of economic benefrt from the use of the CDr¢A)èny of the item Is probaNe and thai economic benefit can be measured reliably_ ln accordance wAth the Charities SORP IFRS 1021, the general timeof vdunteets is not rttogni5ed: relEr tytheTnJ5tee5' rewtfor rn0 inlotmation about their cofttrthutioTh. On receipt. donated PTolessional ser¥i¢e5 ond dofièted faciltrs are 08Th1$td on the basis of the vahje ol the grfi to the company vjhich 15 the amolsnt the company woukl have been wlling to to obtain servitts Or facilitie5 of equlvalent econorn bemefrt art the open maret' a Ctsfresponding amount 15 then ¥eto&nised in expenditure In the periad of receipt.
LEARNING TO WORK (SOUTh EAsf) UMITED NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Accountingptslitits (Continued) IA Expendltu Expenditure is recogni5ed once there is a legal or construai¥e oblfjKation to transfer economic benefit to a thiré party, it is probabk that a transfÈr of et(xwiic befiefits will be req1 in setdernenL and the amountof the obli8ation cath be measured reliably. Expenditure is classified by activity. The c5 of eath actmty are made of the total of direct costs and shared cost5. including support Costs in¥olved in undertaking each adiTrnty. Tert costs attributable to a sin8le activity a allocated directly to that artivity. Shared costs which cofttribute to more than one activity ènd wpport C05t5 V4hich are not ttributat4e to a single activity are apportioned behveen those attivitieson a basis consient wilh the use of resource5. Central staff c05t5 are •llocad on the basis of ts.me 5peni deplatIOn char¥e5 are alocated on the pDrtion of the asset's use. 1.5 Thnglblefimed assets T•nEible fixed issets are initially ffa5ured at cost and subsequently measured at C05t or vahjatw. net of depreciation and ary Impaiiment losses. Depreciatn 15 recogTrised 50 45 to write off the cost or valuatioD of assets less their reslU01 wlue5 their useful lives on the folloin8 bases.. Fixtures and fittinES Ckn a strnht line ba%5 orthree years The pin or loss arisini on the disposal of an is detemiird as the beten the sale proceeds and the ca1¥ Trrtlue of the as5eL and is recrynsed in the ststement of ffinanoal arti¥ities. 1.6 Emplope bem¢fits The cost of any unused hdidayentiilerneTrt is rttoensed in the period in whKh empbyee's serYKes are received. TerminatiDn benefit5 are reco8ni5ed iminediately as an expense wlEn the is derybon5trab4f cornmitted to terminate the employmeniof an ernOyee or to pro¥ide ierffAnation bEnefrts. 1.7 RetifemeAtI)enehts Paymentst¢J defined wfitril¥Jtiom retwement benefrtschemes are charged a5 an expense a5 they tsll due. Dohatityis leÉues Unrestricted Unrestricted nds funds 1022 2021 Donations and Membership fees 25,000 13,686 13.298 12-
LEARNING TO WORK (SOUTH EAsn LIMITED NOTES TO THE FINANaAL STATEMEf4TS (CONTINUED) FOR THE YEAR ENDED 31 MARCH2022 Charotable arti¥1 Charitable Income He4thng I Chri¢4b Income e4dlog I IoMe from wgjerts 410.840 388.S22 Othef tvadreacV¥blies UnFe5trirted funds Totsl 20Z2 2021 Government Grant into 34.236 In¥estments Urwestr1(ted UnrestrKted nd5 Jnos 20ZZ 2021 Interest receivable li 47 Trust¢es' rmunv¥tithi and benefits There were no trnstees. remuneration or otheT beneffts for the year ended 31 March 2022 nor (or the year ended 31 Marth 2021. Emplwes The è%rap monthty numbwofemployeÈs during the yèrwas.' 20 Number Number 15 15 13-
LEARNING TO WORK (SOUTH EAsf) LIMITED NOTES TO THE FINANCIAL STATEMENTS ICONnNUED) FOR THE YEAR ENDED 31 MARCH2022 Empknyees (Contin¥edl Wa8es ar salaries 5otsal security costs Other pensh)n costs 349.126 25,950 7,049 324.208 21.528 6,222 382.125 351,958 There tre employeeswhose anThJal remuneration was more than £60.L. Tahilble fixed 15sets At l April 2021 99,Q60 At 31 Marrh 2022 99,Q60 Oepredation and imp•rment At l Awil 2021 Depreriaiion charged in the ¥af 94.189 2,436 At 31 March 2022 96,625 C*rrWn¢ am1 At 31 March 2022 2,435 At 31 March 2021 4.871 Oeb 2022 Arnount5 fallinoduewtthln Oney.. Trade debtors Preptymentsand accrued income 67.511 4,227 34,505 4.613 71,738 39,118 14_
LEARNING TO WORK (SOUTH EASTI LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 2022 20ZI Other lo•n5 49,167 Ptyable within one yeaf payab èfterone year 12.sc 36,667 2.778 47,222 11 rJthtor5'. •Dounts f4knBthJe witlM"n one y 2022 2021 Borro8$ Tyade crEditors Accruals and defefftd irKome 12.5 19.086 13,981 2.778 10.817 3,947 45,%7 17.542 12 Crtthtor5: amuuntsfaifin¥dur after Morth on¢y 2021 BorrovAngs 36.667 47.222 ij Related partytrlatlJns The tTe no di5closable rElaterf party trarbSothon5 during theyear12021- none). 14 Unrestflcted fvnds Within unrestrirted fvnds the is a de9enated amount of £65.0{2021 - £65,(X)01 whKh the trustees a tsInIng in case it becomes necessary to acquire new premises in the fotseeable future. This amount is therefore hdd in reserves by the charity and is not available for use lor future project5. The trustee5 have eaTrIed all unrestricted funds not held in re5eThEfoi rentand 5talfing [0515. a8ainst future project5 to be undertakw ty the Charitable company. 15-