REGISTERED COMPANY NUMBER: 03126101 (England and Wales) REGISTERED CHARITY NUMBER: 1051587 Report Df the Trustees and Financial Statements for the Year Ended 31 December 2023 for Case Training Services Harris Lacey and Swain Chartered Accountants and Statutory Auditors Suite I The Riverside Building Hessle East Yorkshire HU13 ODZ
Case Training Services Contents of the Financial Statements for the Year Ended 31 Deeember 2023 Page Report of the Trustees Report of the Independent Auditors 9 to 12 Statement of Financial Activities 13 Balance Sheet 14 to 15 Cash Flow Statement 16 Notes to the Cash Floiv Statement 17 Notes to the Financial Statements 18 to 27
Case Training Services (Registered number: 03126101) Report of the Trustees for the Year Ended 31 December 2023 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 20?3. The trustees have adopted the provisions of Accounting and Reportin(Y 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 l January 2019). Introduction This report is a combined directors report and provides an overview of the activities, accomplishments, and strategic direction of CASE Trainints Services, a charity supportin(r adults with learning disabilities, over the past year. It hiohliohts key performance metrics, ongoing initiatives, and future to ensure the continuous growth and success of our organisation. CASE Mission Statement CASE Training Services is dedicated to empowering adults with leaming disabilities through high-quality. accessible training pro(ryams that promote independence, skill developmen¢ and community inteJts ation. Vision To be a leading provider of training services for adults with learning disabilities, recognised for excellence in education. personal development, and community entraoement. Core Values Integrity- Upholding the highest stsndards of honesty and ethical behaviour. Compassion.. Demonstratintr care and empathy in all our interactions. Excellence= Striving for outstanding performance and quality in all we do. Inclusion- Promotino diversity and equal opportunity for all individuals. Page I
Case Training Services (Registered number: 03126101) Report of the Trustees for the Year Ended 31 December 2023 Organi52tional Structure Board of Trustees Allan Robins Anita Bielby John Deacon Pam Cavanagh CEO Mark Cooke HLAS Management Accountant & Auditor HR Willerby Hill Finance, Facilities and Central Services Flo Render (Finance & Facilities) Tess Emmer50n (CSS Admin Officer) Emma Smith (CSS Hygiene Asst) Welfare Department Vikki Marshall (Welfare Officer) Kim Edwards (Welfare Officer) Services Manager Sally Hill Services Admi Officer Tracey Williams LSA Angle Thompson Nikki Wood Functional Skills Creative Arts Health Wellbeing Independent Livino Suite Activity Worker Glenis Edwards Discovery Rogm Activity Worker IC.T catering Activity Worker Debs McEvoy Support Trainers Tutor Jackie Collins Trainer Trainer Angle Gardner Trainer Josh Underwood Sally Myers Brenda Burgess Mulligan Rachel Hoe Catering A551Stant Ellie Hudson Tutor 2 Allison Cuthbertson EHCP Coordinator Allison Cuthbertson OBJECTIVES AND ACTIVITIES Public benefit As a charity principally working intensively with participants with the aim of moving them into employment. further education or vocational training, the Trustees believe this meets the public benefit test as required under charity law. The Trustees hold a regard to CCICCNI Guidance in relation to public benefit. Page ?
Case Training Services (Registered number: 03126101) Report of the Trustees for the Year Ended 31 December 2023 STRATEGIC REPORT Achievement and performanee CHARITABLE ACTIVITIES CASE was founded in 1985 by a group of dedicated local parents wantino day care provision for their children as they got older. Since then, we have provided many years of care and support to hundreds of trainees in the Hull, East Riding and North Lincolnshire area. We believe that everyone has the ricrht to an independent and lfIllIng life. Our support offers individuals advice and training to enable them to build life skills to gain independence, develop confidence, help each other, and look forward to a more posltive future. We are dedicated to continually improving the lives of every individual who attends our Centre based in Hull. CASE offers each trainee a broad-bas¢d curriculum and we believe everyone has the potential to achieve what they want to. We provide an exceptional environment, pernianent support via our in-house dedicated welfare team atLd help to create healthier lifestyles alongsid¢ independence. Trainees can expect to get the best experience possible at CASE, as we place them at the heart of everything we do. We work closely with families, social workers, and partner organisations to make sure every trainee makes the most of their time with us. Our facilities provide opportunities and Choices for all trainees to achieve their full potential. CASE is unique in many ways, with a state-of-the-art building which feature5 an independent livino suite. We believe we have the best tutors and support workers, as we are the largest training provider of our kind in Hull and the suOUnd1g area. Our vision and values are at the heart of CASE. they are the essence of who we are, what we do and why we are here. Our vision is all about extendin(r our reach, positiv¢ly impactino as many people as possible and truly making a valuable difference. The people we Work with inspire us and in turn we look for new ways to foster positive change and growth. We owe it to the people we work with to shape the future in a way that improves all our lives. We want people to be able to access the support they need when they need it, to prevent issues from escalating and increase access and choice through new and innovative service delivery solutions. We are committed to creating the best possible environment for the people we support and oui staff, enablino everyone to thrive. We commit ¢0 building a strong and financially viable CASE charity together. When individuals benefit, so does the local community, with positive impacts delivered for the economy and environment, as well as improvements to general health and wellbeing and community Cohesion. Days of Service January 2023 started stron(y with a total of 247 servt¢e days and by 31 December 2023, we finished the year with a total of 297 service days, just short of our forecasted target of 300 days. Financial Performance We saw an increase in revenue this year, managing to achieve an increase of £150,000 in revenue for the year which has strenothened our reserves and has brought them to £l,006,23 8 unrestricted and £1,056 ?58 restricted. giving a total of £2,062,496 sat in reserves. Strategic Initiative5 and Achievements A. Infrastructure and Sustainability Page 3
Case Training Services (Registered number: 03126101) Report of the Trustees for the Year Ended 31 December 2023 Solar Panel System Uptrrade.. Investments in uporading our solar panel systems have decreased our reliance on the national tsrid and improved our carbon footprint. This will enable us to apply for additional orant fundintr in sustainable energy in the future. Conununity Room Refvrbishment: The new Community Room is on schedule to be refurbished by the end of December. This space will provide service users with opportunities to learn independent living skills in a relax¢d environment while participating in community activities. Creative Arts Exhibition.. As part of our open season, Creative Arts held its first Art Exhibition evening, displaying artwork for the public to view. Selected pieces were displayed at the Ferens Art Gallery's open season exhibition in the summer. Annual Sports Day.. Hosted our first annual sports day in the summer with over 70 participants competing in various events. This event will now be a regular annual occurrence. Open Days.. Conducted two open day events, allowing parents, carers, and families the opportunity to tour the centre and view the hard work of our service users. ChristTnas Fayre.. Our annual Christmas Fayre saw over 100 vi51tor5 to the centre to 58mple (roods made by each department. The event was celebrated at the Beverley Minster Christmas Tree Festival throughout December. C. Community Enoacrement Partnerships with Local Authorities.. The team worked hard durino 202i to build stronger relationships with Hull and East Ridina Council authorities. enhancino our already strong partnerships. Hostincr Community Events: CASE is now a chosen venue to facilitate events such &s the Local Disability Partnership Board. Healthwatch. and CHCP J NHS events. Challenges and Opportunities A. Challenges Service Day Shortfall.. Despite a strong year, we fell slightly short of OUT tartset of three hundred service days. Funding.. Ensuring sustainable financial support to maintain and expand our program offerings. B. Opportunities Sustainability Fundincr: Uporading our solar systems positions us well for additional grant fimding in sustainable energy. Community Room Utilisation.. The new Community Room will enhance our traintng programs and comtnunity activities. Increased Community Engagement.. Building on our successful events and partnerships to further integrate with the community. Page 4
Case Training Services (Registered number: 03126101) Report of the Trustees for the Year Ended 31 December 2023 STRATEGIC REPORT Financial revieiv Reserves policy For the ensuing year the trustees intend to retain in bank deposits, sufficient funds to finance approximately six months, activities for the charity, based on the 2023 figures this equates to funds of £391,865 (2022.. £381,633). The level of unrestricted bank deposits at the year end were £617,668 (2022.. £571,456) this was well within the trustee5 policy. A Sum of £300,000 has been invested with Handelsbanken Wealth Management to provide an increased income from the Charity's funds. This investment has since been moved from Handelsbanken to a Virgin Money Deposit Account post year end, in January 2024. The final sum of this deposit is £500.000. The Charity has unrestricted reserves of £1,005.969 (2022.. £945.897) and restricted reserves of £1,056,258 (2022.. £1.082,486) at the balance sheet date. FUTURE PLANS A. Program and Facility Enhancements Restaurant Upgrades.- Plan to invest in upgrading the cookints appliances in our restaurant to align with our solar energy investments. Expansion of Training Programs.. Develop new programs in response to participant feedback and market trend5. B. Enhanced Support Services Career Counselling and Job Placement.. Strengthen services to support participants, professional journeys. Mental Health aThd Well-Being'. Provide additional resources to support the well-being of our service users. C. Infrastructure Improvements Technology Upgrades.. Continue. Iipgradin¢F faciliti<*s ivi+4 statc.of-;he-art equipinenl ¢tna technology. Staff Development.. Invest in staff development to ensure high-quality instruction and support. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its (Toverninty document, a deed of trust. and constitutes a limited company, limited by ouaranlee, as deftned by the Companies Act 2006. Recruitment and appointment of new trustees The trustees of the Charity are also directors for the purpose of company law and under the Company's Articles of Association. The trustees at the date of this report are as listed above. In accordance with the Articles of A550ciation, one quarter of the trustees are required to retire by rotation and, accordingly. New Trustees are appointed by the members. Care is given to ensure that service users voices are represented. Induction and training of new trustees The more traditional business skills are well represented on the board of trustees. In the event of particular skills being lost due to retirements, individuals are approached to offer themselve5 for election to the board of trustees. Upon gaining appointment as trustee they are inducted into the charÉty by means of an inforn]al process. Trustees receive further training throughout their period of office as and when it is considered appropriate. Page 5
Case Training Services (Registered number: 03126101) Report of the Trustees for the Year Ended 31 December 2023 STRUCTURE, GOVERNANCE AND MANAGEMENT Employees The company rioorously follows its Equal Opportunities Policy in respect of all recruitment and employment procedures. Risk management The Charity faces a number of risks in its day to day operations. As a Charity that deals with vulnerable people it is of paramount importance that Safeguarding rules are adhered to. The Charity has in place robust procedures and training policies to cover this area. The trustees endeavour to manage prudently the financial affairs and risks faced by the Charity. ensuring adequate and appropriate systems of control, and exercisints proper stewardship of the Charity's funds. Long temi disruption from the Covid 19 Pandemic has lead to significant ¢han(res in service delivery. The charity is mitigating this risk with inveslments in all areas of its business to create new safe ways of providino its services. Conclusion CASE Training Services has made significant strides in achievino its mission and strategic goals in 2023. The organisation is well-positioned lo continue its growth and impact in the sector of training and support for adults with learning disabilities. The ongoing support and guidance of the Board of Trustees will be Crucial in navigating future Challenges and seizin(r opportunities for advancement. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 03126101 (England and Wales) Registered Charity number 1051587 Rf gistp.re.d nffi¢e 60 Charles Street Kinoston upon Hull East Yorkshire HU2 8DQ Trustees Ms Anita Dawn Bielby Mr John Deacon Mr Allan Robins Mrs Pamela Mary Cavanatsh Director (appointed 20.9.23) CEO Mark Cooke Key Management Flo Render - Finance Officer Tess Emmerson - Admin OITicer Sally Hill - Service5 Manager Vikki Marshall - Welfare Officer Kim Edwards - Welfare Officer Tracey Williams - Services Admin Officer Anole Thompson - LSA Nikki Wood- LSA
Case Training Services (Registered number: 03126101) Report of the Trustees for the Year Ended 31 December 2023 REFERENCE AND ADMINISTRATIVE DETAILS Company Secretary Ms Anita Dawn Bielby Auditors Harris Lacey and Swain Chartered Accountants and Statutory Auditors Suite I The Riverside Buildin Hessle East Yorkshire HU13 ODZ Bankers Handelsbanken Hull Marina Court 18 Castle Street Hull HUI ITJ STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also the directors of Case Trainino Services for the purpos¢5 of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accountin(r Standard5 (United Kingdom Generally A¢¢epted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable ¢ompany and of the incomino resources and application of resources, including the income and expenditure, of the charitable COFnpany for that period. In preparin(r those financial Statements, the trustees are required to select siiitahle accounting policies and then aDDlv them consistently: observe the methods and principles in the Charity SORP,. make judgernents and estimates that are reasonable and prudent. state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements- prepare the financial statements on the going concern basis unless it 15 inappropriate to presume that the charitable COTnpany will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any tirne the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other iegUlarlties. In so far as the trustees are aware.. there is no relevant audit inforn]ation of which the charitable company's auditors are unaware; and the trustees have taken all steps that they outsht to have taken to make themselves aware of any relevant audit Énfomiation and to establish that the auditors are aware of that infomation. AUDITORS The auditors, Harris Lacey and Swain, will be proposed for re-appointment at the forthcoming Annual General Meeting. Page 7
Case Training Serviees (Registered number: 03126101) Report of the Trustees ror the Year Ended 31 December 2023 Report of the trustees, incoq)orating a strategic report. approved by order of the board of trustees, as the company directors, on l!: ol:..Ilol.*........... and signed on the board's behalf by.. rustee Page 8
Report of the Independent Auditors to the Trustees of Case Training Services Opinion We have audited the financial statements of Case Training Services (the 'charitable company,) for the year ended 31 December 2023 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accountino policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kintrdom Generally Accepted Accounting Practice). In our opinion the financial statements.. give a true and fair view of the state of the charitable company's affairs as at 31 December 2023 and of its incoming resources and application of resources, including its income and expenditure. for the year then ended. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,. and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditina (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 UK, including the FRC'S Ethical Standard, and we have lfilled 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 tnte¢s, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perfonned, 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 concem are described in the relevant sections of this report. Other information The trustee5 are responsible for the other inforn]ation. The other information comprises the infomation included in the Annual Report, other than the financial statements and our Report of the Independent Auditor5 thereon. Our opinion on the financial stalements does not cover the other infomiation and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the fmancial statements, our responsibility is to read the other information and, in doing so, consider whether the other infonnation is materially inconsistent with the finanrial statements or our knowledge obtained in the audit or othenvise appears to be materially misstated. If we identify such tnaterial inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other inforniation, 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 nothino 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- the information given in the Report of the Trustees is incon51Stent in any material respect with the fLnancial statements. or the charitable company has not kept adequate accountin(y records. or the financial statements are not in atrreemenl with the accounting records and returns- or we have not received all the ]nforntiOn and explanations we require for our audit. Page 9
Report of the Independent Auditors to the Trustees of Case Training Services Re5ponsibilitie5 of trustees As explained more fully in the Statement of Trustees, Responsibilities, 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 deterniine is necessary to enable the preparatiOTL of financial statements that are free from material misstatement, whether due to fraud or error. In preparincr the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concem, disclosing, as applicable, matters related to tsoing concern and usin(r the ooin(T Concern basis of accountino unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Page 10
Report of the Independent Auditors to the Trustees of Case Training Services Our responsibilities for the audit of the financial statements We have been appointed as auditors under Section 144 of the Charities Act 201 l and report in accordance with the Act and relevant reoulations 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 a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in a¢cordance with ISAS {UK) will always delect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the ao(rregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. The extent to which our procedures are capable of detectincv irregularities, includino fraud is detailed below- We identify and assess the risks of material misstatement of the fLnancial statements, whether due to fraud or effor, and then design and perform audit procedures responsive to those risks. including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion. Identifying and assessing potential risks related to irre(rularilies In identifying and assessing risks of material misstatement in respect of irregularities, includinu fraud and non-compliance with laws and retsulations, we considered the following.. Audit response ¢0 risks identified the nature of the industry and sector, control environment and business perforniance includin(r key drivers for directors, remuneration, bonus levels and perforniance taroets results of our enquiries of manaoement and their own identification and assessment of the risks of irregularities,. any matters we identified havino obtained and reviewed the compatLie5' documentation of their policies and procedures relating to.. identifying, evaluatincr and complying with laws and regulations and whether they were aware of any instances of noncornpliance; detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged the internal controls established to mitiiyate risks of fraud or non-compliance with laws and regula¢ions' the matters discussed among the audit engagement team including regarding how and where fraud might occur in the financial statements and any potential indicators of fraud. As a result of these procedures. we Considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud in relation to revenue deferrals. In common with all audits under ISAS (UK). we are also required to perforn] specific procedures to respond to the risk of management override. We also obtained an understanding of the legal and regulatory frarneworks that the company operate5 in, focusing on provisions of those laws and regulations that had a direct effect on the detemiination of material amounls and disclosures in the financial statements. The key laws and retyulation5 we considered in this context included the UK Cotnpanies Act, UK Corporate Governance Code and local tax legislation. In addition, we Considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the company's ability to operate or to avoid a material penalty. Audit response to risks identified Our procedures to respoThd to risks identified included the following: reviewing the financial statement disclosures and testing to supporting docurnentation to assess compliance with provisions of relevant laws and reoulations described as having a direct effect on the financial statements. enquiring of manaoemenl conceming actual and potential ILtigation and claims; perfomiincr ana]iCal procedures to identify any unusual or unexpected relationships that May indicate risks of material misstatement due to fraud,. readints minutes of meetings of those charged with governance Page 11
Report of the Independent Auditors to the Trustees of Case Training Services obtained an understanding of provisions and held discussions with manacrement to understand the basis of recognition or non-recognition of lax provisions; and in addressin(r the risk of fraud through manaoement override of controls, testino the appropriateness of joumal entries and other adjustments,. assessin(r whether the judoements made in making accounting estimates are indicative of a potential bias. and evaluating the business rationale of any si(ynifi¢ant transactions that are unusual or outside the nornial course of business. We also communicated relevant identified laws and regulations and potential fraud risks to all enoagement team members. and remained alert to any indications of fraud or noncompliance with laws and regulations throughout the audit. A thrther description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uklauditorsresponsibilities. This description fonns part of our Report of the Independent Auditors. 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 thos¢ matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent pennitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's trustees as a body, for our audit work, for this report, or for the opinions we have fomied. ktQicL( Lo(é Harris Lacey and Swain Chartered Accountants and Statutory Auditors Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 Suite I The Riverside Building Hessle East Yorkshire HU13 ODZ Date.. 11: 07 lQ.L. Page 12
Case Training Services Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 31 December 2023 2023 Total funds 2022 Total funds Unrestricted funds Restricted nds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 837,475 837,475 631,763 Other trading activities Investment income 26,198 11,956 26,198 11,956 10,333 2,43 I Total 875.629 875,629 644,527 EXPENDITURE ON Raising funds 32,036 24,196 Charitable activities Governance Costs Charitable Activities 58,079 731,006 58,079 757.234 71.372 691,893 26,228 Total 821,121 26,228 847,349 787,461 Net gainsl(1055es) on investments 5,564 5,564 (41,i68) NET INCOME/(EXPENDITURE) 60,072 {26,228) 33,844 (184,302) RECONCILIATION OF FUNDS Total fiinds brought forward 1,082,486 2,028,383 2,212.685 TOTAL FUNDS CARRIED FORWARD 1,005,969 1.056,?58 2.062,227 2,028.383 The notes fonn part of these financial statements Page 13
Case Training Services (Registered number: 03126101) Balance Sheet 31 December 2023 2022 Total funds Unrestricted nds Restricted funds Total funds Notes FIXED ASSETS Tancrible assets Investments 14 15 58,083 259,864 1,052,810 1,110,893 259,864 1,115,913 254,JOO J17,947 1.052,810 1,370.757 1,370,213 CURRENT ASSETS Debtors Cash at bank and in hand 16 72,824 621.396 72,824 624,844 76,556 597,602 3,448 694,220 3,448 697,668 674,158 CREDITORS Amounts falling due within one year 17 (6,198) {6,198) {15,988) NET CURRENT ASSETS 688,022 3,448 691,470 658,170 TOTAL ASSETS LESS CURRENT LIABILITIES 1.005.969 1,056,258 2,062,227 2,028,J83 NET ASSETS 1,005,969 1,056,258 2,062,227 2,028,383 FUNDS Unrestricted funds Restricted funds 18 1,005,969 1,056.258 945,897 1,082,466 TOTAL FUNDS 2,062,227 2,0?8,J83 The charitable Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended J l December 2023. The members have not dep051ted notice, pursuant to Se¢¢ion 476 of the Companies Act 2006 requiring an audit of these financial statements. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companie5 Act 2006 and preparino financial slatements which 1ve a true and fair view of the State of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which othenvi5e comply with the requirements of the Companies Act 2006 relating to financial statetnents, so far as applicable to the charitable company. (b) These financial statements have been audited under the requirements of Section 145 of the Charities Act 2011. The financial statements were approved by the Board of Trustees and authorised for i55ue on ..1J...c.i..rLQ.%. and were signed on its behalf by.. The notes fonn part of these financial statements Page 14 continued...
Case Training Services (Registered number: 03126101) Balance Sheet- continued 31 December 2023 Trustee The notes forni part of these financial statements Patse 15
Case Training Services Cash Flow Statement for the Year Ended 31 Decernber 2023 2023 2022 Notes Cash flows from operating activities Cash tsenerated from operations 73,890 (100,294) Net cash provided byl{used in) operating activities 73,890 (100,294) Cash flows from investing activities Purchase of tangible fixed assets Interest received (58,604) 11,956 (24,206) 2,431 Net cash used in investing activities (46,648) (21.775) Change in cash and cash ¢quival¢nts in the reporting period Cash and cash equivalents at the beginning of the reporting period 27,242 (122,069) 597,602 719,671 Cash and ¢ash equivalents at th¢ end of the reporting period 624,844 597,602 The notes forni part of these financial statements Page 16
Case Training Services Notes to the Cash Flow Statement for the Year Ended 31 December 2023 RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES 2023 2022 Net ineomel(expenditure) for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation char(res (Gain}/losses on investments Interest received Decrease/{increase) in debtors (Decrease)lincrease in creditors 33,844 (184,302} 63,624 (5,564) (11,956) 3,732 (9,790) 54,989 41,368 (2,4J l ) (11,609) 1,691 Net cash provided byl(used in) operations 73,890 (100,294) ANALYSIS OF CHANGES IN NET FUNDS At 1.1.23 Cash flow At31.1?.23 Net cash Cash at bank and in hand 597,602 624,844 597,602 27,242 624,844 Total 597,602 27.242 624,844 The notes forn] part of these financial statements Patye 17
Case Training Services Notes to the Financial Statements for the Year Ended 31 December 2023 COMPANY INFORMATION The cotnpany is a private company limited by tsuarantee and is incorporated in England and Wales. The address of its registered office is 60 Charles Street. Hull, HU2 8DQ. The company's regiscered number is 03126101. ACCOUNTING POLICIES Basis of preparing th¢ financial statements 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 (FRS 10?) 'Accounting and Reporting by Charities.. Statetnent of Recommended Practice applicable to Charities preparino their a¢counls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 10? 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value. a5 modified by the revaluation of certain assets. Critical accounting judgements and key sources of estimation uncertainty Estimates and judoements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors, best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Directors do not consider there to be any material estimates and judgements. Income Income received for services provided is accounted for on an accruals basis. All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Cash donations and gifts are included in full in the income and expenditure account as they are received. Any .%igD_ificant non-¢ash dnnation.s are included in the incoTne and exT)enditure account at the trustees, estimate of their market value when re¢eiv¢d. The value of voluntary help is not included in the accounts. Grants and other funding of a revenue nature are def¢ed and released to the income and expenditure account over the period to which they relate. Bank interest is included in the income and expenditure account on an accTua15 basis. Expenditur¢ Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation cornmitting the charity to that expenditure, it is probable that a transfer of economic benefit5 will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis con51Stent with the use of resources. Allocation and apportionment of costs All costs are alloLated between the expenditure categories of the Statement of Financial Activities on the basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Long leasehold 20/0 on cost and over lentsth of lease Page 18 continued...
Case Training Services Notes to the Financi31 Statements - continued for the Year Ended 31 December 2023 ACCOUNTING POLICIES- continued Tangible fixed assets Gardening equipment Plant and machinery Fixtures and fittinqs Motor vehicles Computer equipment 150/0 on cost 150/0 on cost 150/0 on cost 250/0 on cost 33% on cost Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted fvnd5 can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Pension costs and other post-retirement benefits The charitabl¢ company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charoed to the Statement of Financial Activities in the period to which they relate. Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors, are initially recogni5ed at transaction value and subsequently measured at their settlement value. Investments Inveqtments_ hoth cutTent and fixed are included at fair value. DONATIONS AND LEGACIES 2023 2022 General Gtfts & Donations Grants 19,261 818,214 57,884 573,879 837,475 631,763 Grants received, included in the above, are as follows.. 2023 2022 Hull City Council East Riding of Yorkshire Council Essex City Council 585,099 226,680 6.435 376,528 197.351 818.214 573,879 Page 19 continued...
Case Training Services Note5 to the Financial Statements - continued for the Year Ended 31 December 2023 OTHER TRADING ACTIVITIES 2023 2022 Other fvndraising events Catering Income Sundry Income Gardenino Income 4,729 19,810 395 1.264 1,559 906 4,167 3,701 26.198 10.333 INVESTMENT INCOME 2023 2022 Deposit account interest 11,956 2,431 RAISING FUNDS Other trading aetivities 2023 2022 Purchases i2,036 24,196 CHARITABLE ACTIVITIES COSTS Support costs (see note 8) Direct Costs Totals Cinvernance Costs Charitable Activities 58.079 424 58,079 757,234 756,810 756,810 58.503 815,313 SUPPORT COSTS Governance costs Governance Costs Charitable Activities 58,079 424 58,503 Page 20 continued...
Case Training Seryices Notes to the Financial Statements continued for the Year Ended 31 December 2023 NET INCOMEI(EXPENDITURE) Net incomel(expenditure) is stated after charCrIn(cred1tlllcr 2023 20?2 Depreciation - owned assets 63,624 54,989 io. AUDITORS, REMUNERATION 2023 2022 Fees payable to the charity's auditors and their associates for the audit of the charity's financial statements 6,960 6,696 ii. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022. Tru5tees' expenses There were no trustees, expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022. 12. STAFF COSTS 2023 2022 Wages and salaries Social security costs Other pension costs 480,?96 36,767 9.972 435,108 32,459 8,259 527,035 475,826 The average monthly number of employees during the year was as follows= 2023 2022 Management Administration and services 19 17 21 19 The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was.. 2023 2022 £60,001- £70,000 Paoe21 continued...
Cas¢ Training Services Notes to the Fin2ncial Statements - continued for the Year Ended 31 December 2023 13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted nds Restricted funds Total nds INCOME AND ENDOWMENTS FROM Donations and legacies 605,263 26,500 631,763 Other trading activities Investment income 10,333 2,431 10,333 2,431 Total 618,027 26,500 644,527 EXPENDITURE ON Raising funds 24,196 24.196 Charitable activities Governance Costs Charitable Activitie5 71,372 665,511 71,372 691.893 26,382 Totsl 761,079 26,382 787,461 Net (rainsl(losses) on investments (41,368) (41,368) NET INCOME/(EXPENDITURE) (184,420) 118 (184.302) RECONCILIATION OF FUINDS -1 funds brouJo )t fonuard 1,130,317 1.082.368 2,21? 685 TOTAL FUNDS CARRIED FORWARD 945,897 1,082,486 2,028,383 Page 22 continued...
Case Training Services Notes to the Financial Statelnents - continued for the Year Ended 31 December 2023 14. TANGIBLE FIXED ASSETS Centre of Excellence Long leasehold Gardening equipment Plant and machinery COST At l January 2023 Additions 1,286,467 24,899 346,403 698 22,004 At 31 December 2023 1,311,366 J46,403 698 22,004 DEPRECIATION At l January 2023 Charge for year 232,328 26,228 346,403 698 6,440 At 31 December 2023 258,556 346.403 698 9.741 NET BOOK VALUE At 31 December 2023 1,052,810 1?,263 At 31 December 2022 1,054,139 15,564 Fixtures and fittincrs Motor vehicles Computer equipment Totals COST At l January 2023 Additions 36.974 15,568 43,194 57,597 18,137 1,793,337 58,604 At I I December 2023 52,542 43,194 75,734 1,851,941 DEPRECIATION A¢ l January 2023 Charge for year 14,686 7.921 34.338 8,856 42,531 17,318 677,424 63.624 At 31 December 2023 22.607 43.194 59,849 741,048 NET BOOK VALUE At 31 December 2023 29,935 15,885 1,110,893 At 31 December 2022 22,288 8.856 15,066 1,115,913 Page 23 continued...
Case Training Services Notes to the Financial Statements Continued for the Year Ended 31 December 2023 15. FIXED ASSET INVESTMENTS Unlisted investments MARKET VALUE At l January 2023 Revaluations 254,300 5,564 At 31 December 2023 259.864 NET BOOK VALUE At 31 December 2023 259,864 At 31 December 2022 254,300 There were no investment assets outside the UK. Cost or valuation at 31 December 2023 is represented by.. Unlisted investments Valuation in 2020 Valuation in 2021 Valuation in 2022 Valuation in 2023 Cost 45,690 10,341 {41,368) 5,564 239.637 259,864 At the end of the year the market value of listed investments was £259,864. 16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 Trade debtors Other debtors 54,067 18,757 17,010 59,546 72,824 76,556 Paoe 24 continued..
Case Training Services Notes to the Financial Statements - continued for the Year Ended 31 December 2023 17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Trade creditors Accrued expense5 3.836 2,362 7,?00 8,788 6,198 15,988 18. MOVEMENT IN FUNDS Net movement in funds At 31.12.?3 At 1.1.23 Unrestricted funds General Reserve 945,897 60,072 1,005,969 Restricted funds Centre of Excellence 1.082,486 (26,228) 1,056,258 TOTAL FUNDS 2,028,383 i3,844 2,062,?27 N¢t movement in funds, included in the above are as follows.. Incoming resources Resources expended Gains and losses Movement in funds Unrestricted funds Cieneral Reserve 875.6?Q {8?1,1?i) 5,£64 Rc5tricted funds Centre of Excellence (26,228) (26,228) TOTAL FUNDS 875,629 (847,349) 5,564 33,844 Page 25 continued...
Case Training Services Notes to the Financial Statements continued for the Year Ended 31 December 2023 18. MOVEMENT IN FUNDS - continued Comparatives for movement in funds Net movement in funds At 31.12.22 At 1.1.22 Unrestricted funds General Reserve 1,130,317 (184,420) 945,897 Restricted funds Centre of Excellence James Reckitt 1,079,868 2,500 (25,729) 25,847 1,054,139 28,347 1.082,368 118 1,082,486 TOTAL FUNDS 2,212,685 (184,302) 2,0?8,383 Comparative net movement in fill)ds. included in the above are as follows.. Incoming resources Resources expended Gains and losses Movement in funds Unrestricted funds General Reserve 618,027 (761,079) (41,368) (184,420) Restricted funds Centre of Excellence James Reckitt (25,729) (653) (25,729) 25.847 26,500 26,500 (26,382) 118 TOTAL FUNDS 644,527 (787,461) (41.368) (184,J02) A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds At 31.12.23 At 1.1.22 Unrestricted funds General Reserve I,1)0,317 (124,348) 1,005,969 Restrieted funds Centre of Excellence James Reckitt 1,079,868 2,500 (51,957) 25,847 1,027,911 28,347 1.08?,368 (26,110) 1,056,258 TOTAL FUNDS 2,212,685 (I50,458) 2,062,227 Page 26 continued...
Case Training Services Notes to the Financial Statements- eontinued for the Year Ended 31 December 2023 18. MOVEMENT IN FUNDS - continued A current year 12 months and prior year 12 months combined net movement In fijnds, included in the above are &5 follows.. Incoming resources Resources expended Gains and losses Movement in funds Unrestricted funds General Reserve 1.493,656 (1,582,200) (35,804) (124,348) Restricted funds Centre of Excellence James Reckitt (51,957) (653) (51,957) 25,847 26,500 26,500 (52,610) (26,110) TOTAL FUNDS 1,520, I56 (1,634,810) (35,804) (150,458) 19. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 December 2023. 20. TAXATION All of the charity's income is applied for charitable purposes and therefore the charity is exempt from corporation tax. 21. TRUSTEES, INDEMIYITY INSURANCE The company has indemnity insurance for officer5 and truslees of the company. The premium for ?023 amounted to £nil (2022= £8 I7). 22. SHARE CAPITAL The charity is incorporated as a company limited by guarantee and therefore has no share capital. The liability of members is restricted to £1 O each. The unrestricted fund and any excess of income over expenditure is not to be distributed to members. 23. EMPLOYEE BENEFIT OBLIGATIONS During the period the charitable company paid £9,972 (2022: £8.259) into defmed contribution schemes. The expense and liability are allocated to unrestricted funds. There were £2,289 outstanding at the period end (2022.. £2,280). Patse 27