Charity registration number 1041403
Company registration number 02888047 (England and Wales)
LEARNING TO WORK (SOUTH EAsn LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGusf 2024

LEARNING TO WORK (SOUTH EAST) LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr R Cundy
Mr M Fieldhouse
Mr J French
Mr K McGann
Mr C Thomas
Mrs R Varsani
Mr R I Standen
Mrs H Todd
MrAJKemp
(Resigned 18 March 2024)
(Appointed 18 March 20241
(Appointed 9 May 20231
Charity number
1041403
Company number
02888047

LEARNING TO WORK (SOUTH EAST) LIMITED
CONTENTS
Page
Trustees, report
Independent examiner's report
Statement of financial activities
Balante sheet
Statement of cash flows
io
Notes to the financial statements

LEARNING TO WORK (SOUTH EAST) LIMITED
REPORT {INCLUDING DIRECTORS, REPORT)
FOR THE PERIOD EhlDED 31 AUGUST2024
The Trustees present their annual report together with the financial statements of the charity for the 17 month period of I
April 2023 to 31 August 2024.
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 Directors Report) Regulations 2013 is not required.
Objertlves and artivlties
Principal actlvities
The overall aim of the charity IS to broker relationships between education and business to enhance employability skills and
contextualise work related learning for young people.
Strategies for achieving objectives
Throughout the year the charity continued to work in support of its key objettives. In setting our objectives foi the year arkd
planning our activities. the trustees have considered the Charity Commission's guidance on public benefit including the
guidance on public benefit and fee charging. In setting the level of fees. charges and concessions the trustees give careful
consideration to the accessibility of its services for those on low income.
Achievements and performance
a. Key ffinanclal perforniance Indlcators
The organisation has three main sour¢e5 of income..
Delivery of Service5, Events and Activitie5 for Schoo15 lincludin8 Work Experiencel
Business Membership/ Sponsorship
Contracted delivery as a result of successful 8rant/ fund applications and bids.
In terms of expenditure, the largest expense for the organisation is salary cost at 82% of total operating cost.
b. Review of activltles
The Trustees took the decision to extend the 2023-2024 financial period to 17 months to facilitate a change to the
organisation's financial year-end. The financial year has been amended from 1st April 31st March to 1st September - 31st
August. This change aligns the organisation's financial year with the academic year. which represents the principal reporting
period for both school and business-funded contracts. This alignment is expected to streamline internal processes and simplify
the reporting function.
The extended financial period presented several challenges. the Principal among them being=
The resumption of the work experience service remained unachievable due to a lack of funding to re-estsblish the
program. coupled with limited employer participation.
Budgetary constraints within schools led to the reassessment of Careers Guidance programs. with some schools
reducing the number of activities delivered.
Financial uncertainty within the business sector, including changes to National Insurance and tsxation. contributed to
hesitancy in allocating budgets to Corporate Social Responsibility initiatives. This includes the10ss of funding for the
Enterprise Challenge from the Prince's Trust. Their recent restructuring has meant a sharper focus on more deprived
areas of the country, principally the midlands and north of England.
Despite the continued suspension of the formal work experience service, the organi5ation has made concerted efforts to
provide alternative workplace experiences for the young people we support In schools.

LEARNING TO WORK (SOUTH EAST) LIMITED
REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST 2024
Areas of OrEanisatlonal Growth
During the financial period, the organisation recorded growth in the following service areas-
Careers Guidance
Workplace Visits
Busine55-funded Artivitie5
Performance 5ummary- Academic Year 2023-2024
We are pleased to report the followSng performance outcomes for the academic year September 2023 to August 2024:
29,652 student attendees at Learning to Work events12022-2023- 28,7691
3.333 students received Level 6 Careers Guidance12022-2023- 2.648)
1.977 students participated in Workplace Visits12022-2023-. 713}
8.444 students engaged in Bu5ine55-funded activities12022-2023.. 7,5361
Partnershlp Programs
We have continued to deliver business-led programs in collaboration with the followin8 partners:
Heathrow
The Prince's Trust
SEGRO
Ascot Racecourse
Orange Business
Grant Fundin8
We are grateful for the grant funding received from the Berkshire Community Foundatlon IBCFI, which supported the delivery
of the following project:
Bracknell Apprenticeship Event (December 20231- Bracknell Forest
Ascot Supports (February 20241- Supported by Ascot Racecourse
Taking Control (May 20241- Slough
Income Analysls
Comparing the 12-month period from 1st April 2023 to 31st March 2024 against the previous year, the organisation recorded
increases in income across several key areas..
Career5 Guidance provision increased by 15.8% to £127,504 (2022-2023.. £110.0651
School Projects and Events income rose by 9.9% to £160,90212022-2023'. £146,468)
Busine55 Delivery Income increased by 63.9% to £157,09712022-2023: £95,841)
Financial Outcome
The 17-month financial period concluded with an end-of-year deficit of £27.261. This outcome was largely attributable to the
inclusion of two August periods within the reporting year. August represent5 a period of minimal activity and limited income.
owing to the school summer holidays, whilst fixed salary costs continue to be incurred.
Deficit recorded during August 2024.. £30,717
Deficit recorded during August 2023.. £38,772

LEARNING TO WORK (SOUTH EAST) LIMITED
REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST2024
Financial review
. Going concern
After makin8 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 ¢ontinue to adopt
the going concern basis in preparing the financial statements.
b. Re5effts pollcy
The Board of Trustees has agreed sufficient reserves to be held by the charity at the year end. They have earmarked all
unrestricted funds to meet contractual liabilities and statutory employment obligations. At the year-end, the charity had
available reserves of £73.19712023.. £ICrf).4581 held In order to continue to provide services in furtherance of its objects
should there be a temporary shortfall in incoming resources.
c. Materlal Investments policy
Under the memorandum and articles of association, the charity has the power to invest in any way the trustees wish.
Plans for the Future- 2024-2025
Our strate8ic vision for the 2024-2025 f inancial year remains centred on maintaining the hi8h standard of servi¢e delivery for
which the organisation is known, while expanding our offer to schools and businesses Wlthin our existing geographical
footprint.
Key areas identified for growth in the coming year, which will form the core focus of our business development activities.
include:
Careers Guidance
Busine55 Partner Programs
Workplace Visits
The income f0￿C0st for the financial year 2024-2025 indicates that the organlsatlon is on track to generate a small surplus by
year-end, reflecting prudent financial planning and sustainable growth.
Over the course of the year, we aim to:
Increase the value and reach of our Careers Guidance provision.
Expand Business Delivery income by strengthening relationships with existing partners and establishing new
collaborations.
Build upon the growing success of Workplace Visits as a meaningful and scalable alternative to traditional work
experience placements.
These developments will be undertaken with a continued commitment to supporting both schoo15 and businesses In a
responsive and appropriate manner, ensuring we uphold the high standards that underpin our reputation.
Ongoing review of business planning, development initiatives. and strateEiC direction will be essential to ensure the
organisation remains resilient, adaptable, and well-positioned for long-term sustainability.
It 15 the policy of the organisation that unrestricted fund5 which have not been designed for a specific use should ideally be
maintained at level equivalent to between three and six month's expenditure. The board considers that reserves at this level
will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while
consideration is given to ways in which additional funds may be raised.

LEARNING TO WORK (SOUTH EAST) LIMITED
REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED
FOR THE PERIOD ENDED 31 AUGUST2024
Structure. governance and management
Constltutlon
The company was set up by Memorandum of Association on 14 January 1994 and is re8iStered as a charitable company limited
by guarantee.
Method of appointment or elertlon of trustees
The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the
Articles of Association.
Or8anlsatlonal structure and declslon making
The charity is ultlmately governed by the Board of Trustee5 who agree5 and monitors the Forward plan and approves all the
Charity's policies.
Induction and training of new trustees
Trustees are sought for the Board specifically to add value to the charity. This is both in terms of creating a Board that is
representative of the community the Charity serves and one that has all the skills and experience required to properly carry
out the work of the charity.
When a potential trustee is identified, they are invited to attend a number of Board meetings in the Capacity of Observer.
Once they and the Board have gained understsndin8 of each other they are nominated for the portion of trustee. The existing
trustees vote by way of a show of hands and a unanimous decision is sought. The vote is carried out in private without the
prospective trustee being present.
Most trustees are familiar with the practical work of a charity- New trustees undergo an orientstion day to brief them on their
legal obligations under charity and company law. the content of the Memorandum and Articles of association, the committee
and decision making, the business plan and recent financial performances of the charity. Trustees are encoura8ed to attend
appropriate external training events where these will facilitate the undertaking of their role.
Risk manazement
'Learning to Work, acknowledges at all times the risks associated with its work as a charitable company. The board of trustees
ensures that its objectives, philosophy and strategy encompasses the identification and control of risk at all times.
recognises that such risk involves the following..
-Governance and Management
-operational risk
-Financial risk
-Environmental and external risk
-Law and regulation compliance risk
To ensure that such risk is identified and appropriate control measures are put into place, the board of trustees ensures that
the Chief Executive Officer ICEOI undertake5 regular review and evaluation of all aspects of the company and submits a
regular risk analys15 to the board.

LEARNING TO WORK (SOUTH EAST) LIMITED
REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUEDI
FOR THE PERIOD ENDED 31 AUGUST 2024
Reference and administrative details of the wmpanyi its trustees and advisors year ended 31 August 2024
Trustees
Mr K McGann, Chalr
Mr RH Cundy
Mr Rl Standen Iresigned 18 March 2024)
Mr MP Fieldhouse
Mr J French
Mrc Thomas
Mrs Rama Varsani
Mr Andrew Kemp ljoined 9 May 2023)
Mr5 Helen Todd (joined 18 March 20241
Cornpany registered number
02888047
Charity registered number
1041403
Registered office
2-4 Packhorse Road
Gerrards Cross
Buckinghamshire
SL9 7QE
Principal operating office
Learning to Work (South East) Limited
176 Butkingham Avenue
Slough
Berkshire
SLI 4RD
Chief Executive Officer
Mrs R Burt
Independent Examiner
Nunn Hayward LLP
24 Packhorse Road
Gerrards Cross
Buckinghamshire
SL9 7QE
Bankers
Barclays Bank plc
10 High street
Marlow
Buckinghamshire
SL7 IAR

LEARNING TO WORK (SOUTH EAST) UMITED
REPORT (INCLUDING DIREcfoRS' REPORT) {CONTINUED
FOR THE PERIOD ENDED 31 AU6UST2024
Statement of respDnsibilitjes
The trustees. who ?re ?Iso the directors of Leamln8 to Work (South East) Lithited for the purpose of ci>mpaw tsw are
respt>nsible for preparing the Report ¥nd the li￿n¢la1 st¥tement5 in ?ccord?nce with 8.PPlicable l¥w ?nd United Kingdom
Accounting Standards (United Kin8dom Generally A¢¢epted Accou#liDg Prncri¢el.
corn￿￿¥ Law reqltiros the tNstees tt) prepare financial tstements Ipr t4¢h financial ye•.r which 8iVE ? true 8nd lair view of
the stste of affaks of the chpritable company and of the IncomlnB resources and application of resources, inclu4Jlng the
income and expenditure. Of the charitablecompany for that year.
ln p￿Parin8th¢s¢flna￿¢Ial statements, the tiustees are requI￿d to:
- select sultable acLountlng pollcles and then apply them conslstently;
- c4)serve ihe methods ènd principles in Iht Charities SORP;
- make jud8ements and estimates thBt are reasonable and prndeirt;
state whether applicèble accountin8 strndards have been followed, svbieci to any matertal dep3rtUfe5 disclosed and
explalned in the the tinantial statements.
prepore the financial statfiments on the golne ¢oncerr* bpsis vnless it is in¥ppropri¥te iv pr£sumo ib•t the will conlinue ID
ope￿Il0n.
The trustees are re5ponsil)le for keeping adeouate x¢ountirt£ records that disc105e with fea50nable BccuRcy at any tlmè the
fina￿101 positlon of the tharltable compèny and ename them to ensure that the fln8nclal statements carnply with Ihe
Companies Acr 2006. They are als0 responsible for safe8uardin& the asseis of th¢ ¢haritsble comparty and hence for tèkinB
ceasoTrabJe thp$ lor the preventltsn Jnd detection of fftud ind other Irregularltles.
Peport
on.
the
rustees Incorporating a Strategic rewrt. approved by onder of the boattj of trustees, as tl>E company direttor5,
0*/2 ..and signed on the toard's bfrhalf by,,
McGa
aK of Trustee5

LEARNING TO WORK (SOUTH EAST) LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE OF LEARNING TO WORK (SOUTH EAST) LIMITED
I report to the charity trustees on my examination of the accounts of the Company for the period ended 31 August 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company lawl you are responsible for the
preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the Company are not required to be audited under Part 16 of the 2006
Act and are eligible for independent examination, I report in respert of my examination of the charity's financial Statements
as carried out under section 145 of the Charities Act 2011 Ithe 2011 Actl- In carrying out my examination I have followed all
the applicable Dirertions given by the Charity Commission under section 14515llb) of the 2011 Act.
Independent examinerfs statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in sertion 145 of the
2011 Act. I confirm that l am qualified to undertake the examinatlon because l am a member of ICAEW, which is one of the
listed bodies.
I have completed my examination, I confirm that no matters have come to my attention in connection with the examination
giving me cause to believe that in any materlal respect:
accountin8 records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the financial statements do not accoid wtth those records; or
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any
requirement that the accounts give a true and fair view which is not a matter considered a5 part of an independent
examination- or
the financi31 statements have not been prepared in accordance with the methods and principles of the Statement Df
Recommended Practice for accounting and reporting by charities applicable to charitie5 preparing their accounts in
accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021.
I have no concerns and have come across no other matters in connection with the examination to which attention should be
drawn in this report In order to enable a proper understanding of the financial sratements to be reached.
Slmon Dodd
ICAEW
Nunn Hayward LLP
Chartered Accountants
2-4 Packhorse Road
Gerrards Cross
Bucks
SL9 7QE
22 May 2025

LEARNING TO WORK (SOUTH EAST) LIMITED
STATEMENT OF FINANCIAL AcfiviTIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE PERIOD ENDED 31 AUGUST2024
Unrestrlrted
funds
2024
Restrlrted
funds
2024
Total
Unrestrlcted
funds
2023
Restrirted
fund5
2023
Total
2024
2023
Notes
Incomefrom:
Charitable activities
Investments
736,S20
1,911
25,000
761,520
1,911
487,193
262
31,000
518.193
262
Total income
738,431
25.000
763,431
487,455
31,000
518,455
Expenditure on:
Charitable activities
Other expenditure
764,702
1,153
25,000
789,702
1.153
469,171
2.006
31,000
500.171
2.lJ)6
Totsl expenditure
765,855
25,000
790,855
471,177
31,0(X)
502,177
Net incomellexpenditurel and
movement in funds
127,424}
127,4241
16,278
16,278
Reconciliation of funds:
Fund balances at l April 2023
100,458
100,458
84,180
84,180
Fund balances at 31 August 2024
73,034
73,034
100,458
100,458
The statement of financial activities includes all gains and losses recognised in the period. All income and expenditure derive
from continuing activities.

LEARNING TO WORK {SOUTH EAST) LIMITED
BALANCE SHEET
ASAT31 AUGUST2024
2024
2023
Not
Fixed assets
TanBible assets
li
7,354
1210
CuryÈnt
Debtors
Cash at bank and ITr hand
27,860
81.616
65,468
J.42.687
109,4?6
(27.035)
208.155
(79282)
CredftO￿. amothttsfallitt8 duèwithitt ¢•ne yèar
Net tyrfent xsets
82,411
128,873
Total assets lesscurrent Ilabllltles
89.795
131,083
Cjedhtsrs: amourtstslllng Ilu¢ *r rnore than
one year
Is
(16,7611
(30.6251
Net assets
73.034
100,458
The funds of the
Vnrésiricted fund5
18
73,034
IiKI,458
73,034
l(K).458
The fompany is eniiied to the oxemption from the avdit reg￿lr¢M¢ftt Cohtalned In stction 477 ofthe Comp?nies Acl 21)06.
the period ended 31 August 2024.
The directors acknowledge their re5ponslbllltles for complying with ihe requirernents of the Companies Art 2006 wlth respect
ti) ¥countÈrt8 re¢orés and the preparation of fifi4n¢j?l sl¥tement5.
Th¢ members have not requlred the ¢ornp?ny obtslft an audlc of It$ financpdl ￿ate[nentS fDr the period in qvesiion in
acc4>rdart¢ with sectio)7 476.
Thesefiftancial starements have been prepared ift accor*nce w4th th¢ provisions applicable to comp3*ies subje£ttothe sm41
companies reÈtrme.
The fifjan(ial 5tatemem5 We￿ apprt)ved bv the Bo•r¢ of Trvst¢es on..
McG8nn
r of Trustees
Compary fe8iSlQt4on number028880471EnglpnLI and Wales)

LEARNING TO WORK (SOUTH EAST) LIMITED
STATEMENT OF CASH FLOWS
FOR THE PERIOD ENDED 31 AUGUST2024
2024
2023
Notes
Cash flows from operatlng attlvltles
Cash (absorbed byllgenerated from operations
21
136,6091
62,042
Investing artivities
Purchase of tangible fixed assets
Investment income received
{11,9531
1,911
{3,316)
262
Net tash used in investing artivities
110,0421
13,0541
Financing activities
Repayment of borrowings
114,420)
18,5421
Net cash used in financlng activities
{14,4201
18,5421
Net (decreasellincrease in cash and cash equivalents
161.0711
50,446
Cash and cash equlvalents at beginnlng of period
142,687
92,241
Cash and cash equivalents at end of period
81,616
142,687
10-

LEARNING TO WORK (SOUTH EAST) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST2024
Accountlng pollcles
Charlty Informatlon
Learning to Work (South East) Limited is a private company limited by guarantee incorporated in England and Wales.
The registered office is 2-4 Packhorse Road, Gerrards Cross, Buckinghamshire, SL9 7QE.
1.1 Reportlng perlod
These financial statements cover the extended reporting period of Learning to Work (South East) Limited for the 17-
month peiiod ended 31 August 2024. The previous financial statements covered the 12-month period ended 31 March
2023. The extension was made to align the company's financial year-end with the school year-end, ensuring that
financial reporting better reflect5 the company's operations and revenue cycles in line with the academic calendar.
As a result, the figures presented in the financial statements are for a 17-month period and 3re therefore not directly
comparable with the prior year's 12-month period.
1.2 Accounting convention
The financial statements of the charitable company. which is a public benefit entity under FRS 102. have been prepared
in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities: Statement of Recommended
Practice applicable to charities preparing thelr accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland IFRS 1021 (effective l January 20191., Financial Reporting Standard 102 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006.
The financial statements are prepared in sterling, which is the functional currency of the . Monetary amounts in these
financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. [modified to include the revaluation
of freehold properties and to include investment propertie5 and certain financial instruments at fair valuel. The
principal accounting policies adopted are set out below.
1.3 Goln8 concern
The financial statements have been prepared on a going concern basis. The Trustees have reviewed and considered
relevant information, including the annual budget, in making their assessment.
1.4 Income
All income is recognised in the Statement of Financial Artivities once the charity has entitlement to the fund5, it is
probable that the income will be received and the amount can be measured reliably.
Donated services or facilities are recognised when the company h3s control over the item. any conditions associated
with the donated item have been met, the receipt of economic benefit from the use of the company of the item is
probable and that economic benefit can be measured reliably. In accordance with the Charities SORP {FR5 1021. the
general time of volunteer5 is not recogni5ed: refer to the Trustees, report for more information about their contribution.
On receipt, donated professional services and donated facilities are recogn15ed on the basi5 of the value of the gift to
the company which is the amount the company would have been willing to pay to obtain services or facilities of
equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the
period of receipt.
11

LEARNING TO WORK (SOUTH EAST) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST2024
Accounting policies
Icontinued)
1.5 Expendlture
Expenditure 15 recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it
15 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,
includlng 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 are allocated on the portion of the
asset's use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at C05t or valuation, net of depreciation
and any impairment losses.
Depreciation is reco8nised so as to wrlte off the cost or valuation of asset5 less their residual values over their useful
lives on the following bases..
Flxtures and fittings
On a straight line basis over three years
The gain or1055 arising on the disposal of an asset is determined as the difference between the sale proceeds and the
carryin8 value of the asset, and is recognised in the statement of financial activities.
1.7 Employee beneflts
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
TermSnation benefits are recognised immediately as an expense when the is demonstrably committed to terminate the
employment of an employee or to provide termination benefits.
1.8 Retirement benefrts
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Critical accounting estimates and judgements
The preparation of the financial statements requires the Trustees and management to make judgements, estimates and
assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources, The
estimates and associated assumptions are based on historical experience and other fartor5 that are considered to be
relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are
recognlsed in the period in whith the estimate is revised where the revision affects only that period, or in the period of
the revision and future periods where the revision affects both current and future periods.
12-

LEARNING TO WORK (SOUTH EAST) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST2024
Charitable artivities
Unrestrlrted
Income
Re5trlrted
Income
Total
2024
Unrestrlrted
Income
Restrfrted
Income
Total
2023
2024
202a
2023
Income from projects
736,520
25,0(KJ
761,520
487,193
31,000
518.193
Analysis by fund
Unrestricted funds
Restricted funds
736,520
736,520
25,000
487,193
487,193
31,000
25.000
31,000
736,520
25.000
761,520
487,193
31,000
518,193
Income from investments
Unrestrirted
funds
2024
Unre5tricled
funds
2023
Interest receivable
1,911
262
13-

LEARNING TO WORK (SOUTH EAST) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST 2024
Expenditure on charitable activities
Charitable
expenditure
2024
Charltable
expendlture
2023
Dirert costs
stsff costs
Depreciation and impairment
Other operating leases
Insurance
641.081
6,809
411,340
3,541
3,772
3,943
6,696
6.316
232
9,386
11.348
7,992
21.423
2.908
8.034
6.534
10,953
11,570
175
13,882
19.128
11,153
38,607
7,755
18,815
Telephone
Postsge and stationery
Advertising
Professional costs
General project costs
Recruitment and other staff costs
IT services
Travel and entertaining
Rates & Service charges
786,462
496.931
sha￿ of support and govemance costs (see note I
Governance
3.240
3.240
789,702
500,171
Analysls by fund
Unrestricted funds
Restricted funds
764,702
25,000
469,171
31.000
789.702
500,171
Net movement in funds
2024
2023
Net movement in funds is stated after charging/lcrediting)
Independent examiner fees
Depreciation of owned tangible fixed a55et5
Other operating lease
3.240
6,809
11,316
3,240
3,541
9,163
Trustees, remuneratlon and beneflts
There were no trustees, remuneration or other benefits for the period ended 31 August 2024 nor for the year ended 31
March 2023.
14-

LEARNING TO WORK (SOUTH EAST) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST2024
Employees
The average monthly number of employees during the period was..
2024
Number
2023
Number
16
15
Employment costs
2024
2023
Wages and salaries
Social security cost5
Other pension costs
587,923
40,964
12,194
374.832
28.902
7,606
641,081
411,340
The number of employees whose annual remuneration was more than £60,000 is as
follows:
2024
Number
2023
Number
Other expenditure
Unrestrlcted
fund5
2024
Unrestrirted
fund5
2023
Financing costs
1,153
2,006
10 Taxation
The charity is exempt from taxation on its activities because all its income is 3pplied for charitable purposes.
15-

LEARNING TO WORK (SOUTH EAST) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST2024
11 Tangible fixed assets
Flxtures and
r￿On8$
Cost
At l April 2023
Additions
102.376
11,953
At 31 August 2024
114,329
Depre¢iatlon and Impalrment
At l April 2023
Depreciation charged in the period
100,166
6.809
At 31 August 2024
106,975
Carrying amount
At 31 August 2024
7.354
At 31 March 2023
2.210
12
Debtors
Z024
2023
Amounts falllng due wlthln one year:
Trade debtors
Prepayments and accrued income
24.432
3,428
56,690
8,778
27,860
65,468
13
Loans and ovenlrafts
2024
2023
Other loans
26,205
40,625
Payable within one year
Payable after one year
10,000
30,625
16.761
16-

LEARNING TO WORK (SOUTH EAST) LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST2024
14 Credltors: amounts falling due within one year
2024
2023
Borrowings
Trade creditors
Accruals and deferred income
9,444
11,516
6,075
10,000
14,549
54,733
27.035
79,282
15 Creditors: amounts falling due after more than one year
2024
2023
Borrowings
16,761
30,625
16 Retirement benefit schemes
2024
2023
Deflned contrlbution schemes
Charge to profit or1055 in respect of defined contribution schemes
12.194
7,606
The operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held
separately from those of the in an independently administered fund.
17
Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to
specific conditions by donors as to how they may be used.
At l April 2023
Incorning
resource5
Resources
expended
At 31 August
2024
Berkshire Community Foundation- Ascots Supports
Programme
Wates Family Enterprise Trust Grant for Start
Employability Now- Slough
Berkshire Community Foundation - BCF- Taking
Control Grant
10,000
{io,0001
10,000
{io,000}
5,000
15,0001
25,000
125.0001
17-

LEARNING TO WORK (SOUTH EAST) LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST 2024
17
Restrlrted funds
(Continued)
Previous year:
At l April 2022
Incomlng
resources
Resources
expended
At 31 March
2023
31.000
{31,0001
Purpose of restrirted Funds
Berkshire Community Foundation - Ascot Supports
This represents grant finding received from the Berkshire Community Foundation and aims to support local charities
and community groups within Berkshire. The fund was expended at 31 August 2024.
Wates Famlly Enterprlse Trust Grant for Start Employablllty Now
This represents grant finding received from the Wates Family Enterprise and aims to support programmes in Slough that
equip young people with essential skills and experiences to improve their employment prospects. The fund was
expended at 31 August 2024.
Berkshire Communlty Foundatlon - Takln8 Control Grant
This represents grant findlng recelved from the Berkshire Community Foundation and aim5 to support local charities
and community group5 Within Berkshire. The fund wa5 expended at 31 August 2024.
18
Unrestrirted funds
The unrestricted funds of the charity comprise the unexpended bèlances of donations and grants which are not subject
to specific conditions by donors and grantors as to how they may be used. These include designated funds which have
been set aside out of unrestricted funds by the tru5tee5 for specific purposes.
At l Aprll 2023
In¢omlnE
resources
Resources
expended
At 31 August
2024
General funds
100,458
738,431
{765,8551
73,034
Previous year:
At l April 2022
Incoming
resources
Resources
expended
At 31 March
2023
General fund5
84,180
487.455
1471,1771
100,458
19
Related party transactions
There were no disclosable related party transactions durin8 the period12023 - none).
18-

LEARNING TO WORK (SOUTH EAST) LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST2024
20
Unrestricted funds
Within unrestricted fund5 there is a designated amount of £65,000 {2023 - £65,000) which the trustees are retaining in
ase it become5 nece55ary to acquire new premises in the for5eeable future. This amount 15 therefore held in reserves
by the charity and is not available for use for future projects.
The trustees have earmarked all unrestricted funds not held in reserve for rent and staffing costs, against future projects
to be undertaken by the charitable company.
21
Cash generated from operations
2024
2023
IDeficitl/surpus for the period
127,4241
16.278
Adjustments for..
Investment income recognised in statement of financial activities
Depreciation and impairment of tangible fixed assets
11,9111
6,809
{2621
3,541
Movements In working capltal..
Decrease in debtors
IDecrea5ellincrease in creditors
37,608
151.6911
6,270
36,215
Cash (absorbed byllgenerated from operations
136,6091
62.042
22 Analy515 of changes in net funds
At l Awll 2023
Cash flows At 31 Au8USt 2024
Cash at bank and in hand
142,687
161,0711
81.616
Loans falling due withln one year
Loans falling due after more than one year
iio.0001
130,6251
556
13,864
19,444)
116,7611
102,062
146,6511
55.411
19-