Annual Report and Financial Statements Year Ended 31 March 2024 Training Link (A company limited by guarantee) Charity number 1051662 Company number 03142188 Pagel I
CONTENTS: LEGAL AND ADMINlSfRATIVE DETAILS MISSION. AIMS AND OBJECTIVES HISTORY REPORT OF THE TRUSTEE5 AND MANAGEMENT COMMIThEE -Chairfs Report- Millicent Christian -Director's Report- Tanya Buynovskaya -Financial Overview -Projects and ESOL report- Chris Carr -computers for Older People and IT Drop-in sesslons- Nelly Pined3 -Advice Work- Peter Lush, Abimbola Ademuyiwa and Millie Christian -case Study -camden Adult Community Learning-Tracey Hamion -PCAN Project- Steve Mccarthy -what Learners Say ACKNOWLEDGEMENTS AND THANKS 15 INDEPENDENT EXAMINER'S REPORT 18 srATEMENT OF FINANaAL ACTIVITIES 19 BALAN SHEET 20 NOTES TO THE FINANCIAL STATEMENTS 21 INCOME AND EXPENDITURE ACCOUNT (Thi5 report does not form part of the Financial Ststements 28 Pag¢12
LEGAL AND ADMINISTRATIVE DETAILS Tralnlng Llnk Ltd Registered Office: 54-56 Phoenix Road, London NWI IES Charity Registration Number: 1051662 Registered Company Number (England & Wales): 03142188 Telephone: 020 7383 5405 Email: directOT@traininglink.org.uk Websits: ww. inin link.or The Trustees confirm that they have taken into account the Charity Commission's general guidance on public benefit when reviewing Training Link's aims and objettives and in planning future activities. Inde ndent Examiner: John Lambourne FCA. Latham Lambourne Ltd, 18 Woodlands Park. Bexley. Kent DA5 2EL Bank: Uoyds Bank plc, 25 Gresham Street, London, EC2V 7HN Management committee & Trustees Tr stees: Brenda Goring Moore (Chair}, Millicent Christian, Dr Elaine Arnold QBE. Kathleen Hayes (Treasurer). Mana ement Committee: Millicent Chrlstlan (Chair), Brenda Goring Moore, Elaine Arnold, Kathleen Hayes {Treasurer), Maya Alva, Elizabeth Ajith, France5 Connelly, Larlan Davis (from September 20221, Tracey Hamilton, Paul Tomlinson (from September 2022) The companws Dlrectors are also the charitys Trustees, Pagel 3
OUR MISSION, AIMS AND OBJECTIVES About Training Llnk Training Llnk is a small and welcoming charity based in the St Pancras and Somers Town ward of the London Borough of Camden where a fifth of residents hold no natlonally recognised qualificat5ons. The employment rate for the ward is 46% compared with 68% for the borough's highest scoring ward, Belsize {2021 Census). There are six schools in which the average eligibility for free school meals Is 57% wlth the Camden average belng 40%, (Borough and ward map data pack Dec 2022). Set against this background of challenges, Training Llnk's small team of staff and volunteers upskill and empower local resldents, including those who find it hard to access mainstream services. We provide a range of IT training, accredited vocational trainin& employability SUPPOrt, English for speakers of other languages (ESOL) and one-to-one literacy support. We also offer advice and advocacy, mainly around benefits and immigration claims and appeals. We help residents build their confidence. become more active in civic society, volunteer, and earn money through paid work. Learners come from diverse starting points, often having limited social networks, confidence, finances, digital or English language skills. They may be family carers, low-waged earners or suffering from a disability or health condition. We provide a choice of learning approaches tsilored to individual learning styles and educational gap5 that larger institutions might not have the flexibilityto address. We are commissioned by We Are Digf(al Group, a Home Office funded company, to offer advice and advocacy support for Windrush residents, EU cityzens and 50cio-economitalSy disadvantaged resldents in need of clifjzenship, housin& disability and benefits advice. OUR MISSION is to relleve poverty, advance education and advance employment opportunities for black and ethnic minority and socially excluded people, by facilitating access to training to enhance employment opportunities. WE WORKTO: Promote baslc skills, vocational training for employment. advice, support and cross-cultural activities to help socially-exduded residents induding BAM£ heritage women and older people to improve wellbeing and better engage with the wider mainstream community, volunteering and employment. Provide programmes of awareness, advice and guidance, equipping service-users wlth skills to make informed decisions about their own and their dependentg lives. Enable service-users to gain better acce55 to legal and statutory support on health. housing. immigration, education and training services vÉa our own internal resources and signposting to specialist local services," Support and develop education, employment and enterprise opportunities for seNice-users: Help improve the quality of life for local people as a whole and encourage disadvantaged residents to participate more widely in activities and social attion for the benefit of a wider local communÉty. OUR VALUES -small, supportive and person-centred -Embedded In the community 4)ffering an opportunityto enter adult education for people who have not done this before -offering opportunltles to learners with family responsibilities Page14
HISTORY Training Link developed in the mid-1980s from a project called the C3mden Bus. This was a bus that visited local housing estates in Camden to promote training and educational opportunities for women. The women Involved in it set up Women's Training Link as an independent organisation to be able to fundraise to continue their work. The organisation was very innovative, offering women from ethnic minorit1es the chance to train as black cab drivers and later driving instructors. In the mid-1990s, the organisation moved to Its current location in Somers Town, having origlnally been based in Holborn. It also became Training Link. This allowed us to open our courses to men and made it easter to fundraise. However, a majority of our trustees, management committee and learners are still women from ethnic minority backgrounds. Training Link has always had basic skills training as an important part of its work. That continues today, linking in with our online vocational courses, computer courses and twice-weekly drop-in sessions. In 2023, one of our trustees, Dr Elaine Arnold, was awarded an OBE in the Birthday Honours for serVIS to children of African descent and to charity. Pagel 5
REPORT OFTHE TRUSTEES AND MANAGEMENT COMMirrEE CHAIR'S REPOR Welcome to the Training Link ITL) Annual Report for 2023-2024. When I presented at the Annual General Meetin8 (AGM) in September 2023, we were still focused on combatting the ongoing threat of COVID-19. Although we continue to Ilve with COVID, we rernain vigilant, Additionally, we face some very significant and pressing challenges such as the ongoing conflicts around the world and perhaps the most critical challenge for our service users - the continuous rise in the cost of energy and food, commonly referred to as the "cost of Ilving crisls." These unprecedented increases in living expenses have pushed many of our clients to the brink of despair, with an increasing number finding themselves on the margins of survival, thereby intensifying the need for our services. We are pleased to announce the appointment of our new Direttor, Tanya 8uynovskay3, who joined TL in October 2023 and is now arT integral part of our team. Tanya has been doin8 outstanding work since her arrival. In addition, we have recently employed a Green Learning Coordinator, Anna Rognaldsen. Furthermore: a new discussion group entitled Tea and Talk., facilitated by Shana Blbi: who has also recently joined our team, takes place on Thursday mornings. In 2023 TL held a strategy session to plan future work, and in December 2023. we organised Christmas gathering. These events were made possible through the considerable efforts of our director, who worked diligently to ensure their success. Our commitment isto continue providing an easily accessible program of face-to-face courses and other learning opportunities for our learners. These Initiatives have been well received and supported by the community. We remain open to new ideas and suggestions from both learners and community members. Our evolving approach aims not only to enhance skills and knowledge but a150 to foster personal development. Therefore, we strive to engage the diverse talents of our communlty members to work together in unity. We continue to work with We-Are-Group formerly known asWe-Are-Digit31 in different areas of work supporting people using the Government website. The Essential Digital Skills Qualifications {EDSQ), piloted on behalf of Camden Adult Community Learning in 2022, has been very successful and will continue, leading to a National Open College Network (NOCNI award. Tracey, who previously taught this course, recently transitioned to 3 new role as Library Manager. She has also taught a Level I Business Administration course from September 2023 to July 2024, which was a150 a NOCN award. Tracey has dedicated over 20 years of service at TL on behalf of Camden Adult Community. and we wish her all the best in her new position. It has been a pleasure working alongside Tracey for the past seven years as her teaching assistant; she will be greatly missed. I would also like to express my gratitudeto my fellow Management Committee members and Trustees fortheir unwavering support as well as to our members who have stood by the organisation. Special thanks to Chris, Nelly, Abimbola, steve and Peter who retired as Dirertor last September 2023 but continues to volunteer with TL as an advisor. l also wish to acknowledge our new cleaner, Rosa, and all the volunteers who have tirelessly worked to meet the needs of our learners and clients. I thank our funders for their continued generosity and support of our work. I recognise that the landscape has shifted even in the past year, but change is centra5 to Training Link's mission: helping people transform their lives and reach their potential for a better future. l encourage our funders and supporters to continue helping us facilitate that chan8e. A huge thank you a150 8oes to our audltor. Pagel 6
l extend my appreciation to Frances for her support alongside Tanya in applying for funding and for supporting Anna, our Green Coordinator. Additionally, I would like to thank Kathleen for her ongoing assistance with financial matters. l am grateful to our partners, particularly our Camden famlly and neighbours in Somers Town, The Living Centre group and staff. and Life After Hummus. May we all continue to work together to assist residents in realising their aspirations for themselves and their families. In conclusion, l am optimlstic that in 2024 Training Link will continue to strengthen its support networks and build upon our p35t achievements. Together, we will strive to enhance our ser4ices and meet the evolving needs of our community. l extend my best wishes to all and reaffirm my commitment to providing sUPPOrt wherever it is requTrred. Millicent Christian. Training Link Charr DIRECTOR'S REPORT l joined Training Link in October 2023 and one of my prlorities from the start was to learn about its history and its amazing work in Somer5 Town and wider Camden. l also enjoyed meeting it5 people. beneficiaries and partners. My other key priority during this time was to explore new fijnding opportunities and develop new funding bids to ensure we can continue, improve, and extend our Services and educational support to local underprlvileged Camden residents. During the first six months at my role as Direttor l also looked at the ways we can upgrade our IT system and move to cloud-based Office 365, increase ourstafflng and volunteering capacity and skills, strengthen existing partnershlps and develop new ones. I would like to thank all Training Link Management Committee members, staff and volunteers, and especially Millie Christian, France5 Connelly, Kathleen Hayes and Peter Lush, who helped me settle down and learn about Training Link and its operations. and who were always there for me with advice and support! FINANCIAL OVERVIEW Total income in the finanaal year 2023-2024 was £71,352. representing an increase from £28.249 in 2022-2023 as we rebuild face-to-face services. Total expenditure amounted to £61.916, also an Increase from £49,520 in 2022-2023. This contributed to a healthy expansion of our servIs. About Training Link and Sorners Town Training Link has been providing basic skills leamingfor residents in Somers Town and wider Carnden for almost 40 years. Somers Town and Kings Cross are home to the highest number of borough households experiencing food poverty {516). some of the highest concentrations of household5 Wlth incomes below £20,000 and higher concentration5 of indTviduals receiving unemployment benefits, income sUPPOrt and universal credit 18% of our local residents, including BAME women and older learners, have no qualifications. 2020 Ward Analyses indicate higher-than-average receipt of Dlsability Living Allowances, Incapacity Benefits and Severe Disablement support in the local communlty. Our easily accessible learning centre is based at the heart of Somers Town, Just a short walking distance from Euston and St Pancras stations. We offer a friendly place for residents to get out of the house. connect with the local community, learn new skills and share their learning, improve their employment skllls and meet new frlends. Pa8¢17
Serylces are facilitated by stsff, volunteers and Management Committee members wlth experiences reflectlng those of servlce-users and extensive grass-root networks. We also receive support from more than 40 volunteers, who teach English in a one-to-one setting either at the centre or in a local public space, as well as online. Our Impact durlng the year In the year 2023-24 we delivered more than 230 learnlng sesslons for 215 learners focusin8 on digitol inclusion and digitol ski115, ESOL maths, employability andfinancial literacy. Most of our learners came from Camden. with at least 250A from the St Pancras and Somers Town ward. More than 75% of our learners were women and 74% spoke English as their second language. 63% of our learners were unemployed. 77 learners attended our ESOL courses, English Discussion Group and Adult Literacy courses. More than 120 people registered for online vocational courses We sUPPOrted 47 dients with the Windrush Compensation Scheme From May 2023 we provided beneflts advice and advocacy to 70 people, mostly with benefits appeals or applications for Personal Independence Payments (PIP). As part of the NHS PCAN project, we helped 24 people to reglster for th1$ NHS tralning course, wlth 10 completing the course. Plans for the future Sustain and improve our core current work to help empower and up-skill disenfranchised residents to gain paid employment, access volunteering opportun5ties and become more socially active. Pilot and develop further services to help connect, share learning and empower service-users disproportionately experiencing social and economic exclusion. Support the Council's 2020 2025 Climate Action Plan and 5orners Town Future Neighbourhoods programme and initiate partnerships and creative learning approaches to increase awarene55 of environmental issues and share practical information to enable more sustainable lifestyles. Raise our profile via improved face-to-face outreach and social media presence. Further develop and expand our learning opportunities for new groups such as refugees, asylum seekers and new migrants; Develop a programme of activities to celebrate our 40th anniversary in 2025. Page18
TrAINING UNK PROJECTS AND ACTIVITIES These are the reports from staff and tutors responsible for our programmes. ESOL classes Adult Literac Pro'ect and Online Vocational Courses Chris Carr, our ESOL Tutor and Project Coordinator, teaches most of the English classes at Training Link and is also responsible for English Discussion Group. Adult Literacy project and Online Vo&itional Courses. This involves not only teachin& but also interviewing volunteers, assessing learners. setting up online course5 and dealing with the administrative side of many activities at the centre. Adult Literacy Project We recruit volunteers to teach English in a l-l setting. Most volunteers do frdce-to-face lessons. either at the centre or in a public space arDund Somers Town, but some also work online. l interview all the volunteers and offer teaching materials for each leamer. l assess each learner, help volunteers to plan the lessons and try to help in whatever area of improving En85ish is needed. Since the stsrt of the pnjject, we had around 46 volunteers working on the project and I think it'5 been a great success. Most volunteers are students from UCL, and the college have told us that we were still the organisation that has the most volunteers recruited through them. The project reaches out to many different people who rnay just need extra support while they are doing other classes with us, or those who prefer to learn English away from a whole class setting. It really helps build confidence and offers the volunteer the chance to get hands-on teaching experience and be involved in grassroots community work. A blg thank you to all the volunteersl English Discussion Group OurThursday English Discusslon Group is an informal Engllsh conversational group. We choose 3 differenttopicto speak about each week. I give out the topic a week before to give learners the chance to think about what they're golng to say. Again, it really helps people's speaking confidence in a friendly, nonjudgmental setting. We have a wide range of learners covering four continentsl And it's interesting to hear such a range of people share their experiences. Numbers in the class usually range between five and nine each week. ESOI Level I In July 2023, seven learner5 finished the Level One course and took an exam in Reading, Writing and Speaking and Listening. Five people passed everything and two did not Pass. This course is more formal than the Discussion Group. We do accredited exam5 through the National Open College Network (NOCN). ESOL Entry Level 3 and Entry 3 Funrtional Eng115h Skills These two courses started in September 2023, with each course being attended by flve learners. AII 10 learners will be doing the accredited NOCN exams tOW3rds the end of this academic year. Both courses are quite similar, but Entry 3 Functional English Ski15s course is more analytical and involves more reading and writing than in Entry 3. There Is a Speaking and Listening element in each course as well. Pagel 9
Onllne Vocational Courses I'm the coordinator for the online vocational courses we offer at Training Llnk. Courses we offer include Food Safety, Customer Care, First Aid and HeaSth and Safety in a Care Setting, and there are nurnerous other online courses that can be made available to our leamers upon request. These course5 are useful in terms of helplng people find work. 54 people have registered for online courses and completed them. The Food Safety course is byfar the most popular and most useful for our learner as it can help get paid or voluntsry work. The Food Safety certificate Is needed for any food preparation setting. such as a cafe, restaurant etc. The courses are all done remotely and can be done at our centre or people can do them from home. This means that we can reach out to a lot more people. hope all the projerts continue in the future as they are really beneficial for people in the local area and can help them with academic learning, finding work and helping create community cohesion. Chns Carr niir ¢[ &r4vnr WindYii<h r.nm en<?tinn 5rhpmp Apnp!itJ and Em lo rnent advlce We continue to work in partnership with the We Are Grou (formerly We Are Digital). There are three parts of the work.. Windrush Compensation Scheme claims, benefits appeals and claims and visa I citizenship claims. We supported 47 cllents seeking Windrush Compensution Scheme between April 2023 and March 2024. Each appointment lasted up to three hours. Some of the accounts of crackdowns on 'illegal' Windrush residents in the not-too-distant past and anecdotes of childhood arrivals in the UK were distressing. Jobs and homes are put at risk in spite of long-term U.K. resldents having arrived legally; their devastation at facing such events means that we listen carefully as client stories unfold. Our support is not just technical; feedback suggests our expertise, in tandem with compasslonate concern. is much appreciated. Since May 2023 we provided benefits advlce and advocacy to 70 people, mostly helping with benefits appeals or applications for Personal Independence Payments (PIPI. Some of the 3bove cases were equally shocking, e.g. we had clients with a permanent health condition, such as epilepsy. who learnt that their entitlement to PIP had been removed after they had received the benefft for years. We often encourage people to attend the Social Security Appeal Tribunal hearings so they can tslk to the panel and judge direttlv. Duringthe year we also helped with claims and appeals for Univer531 Credit, with c05t-of-living applications, employment advice and general benefits advice. One of our dients has recently been awarded 'A Cost of Living, payment and was able to purchase a fridge at last. We also did a couple of online 'no faulv divorce cases, and one 'single justice procedure, where someone wanted to plead guilty to a magistrate's court motoring offence. Page | LQ
We strive to provide a very friendly and supportive environment at all our advice sessions and most people who attend them are very satfsfied with the unique service offered by Training Link. When people come to see us, we also signpost them to other services and courses provided by Training Link. We encourage them to attend our drop-in sessions and consider any courses that may be useful for them. This is still a new area of work for Training Link, and we hope to expand our advice and advocacy seniices and continue helping our vulnerable clients in the future. Peter Lush Millie Christian andAbimbola Ademuylwa Case Study: From Learner to Citizen Anna {not her real name) first joined our basic IT skills training course a few years ago, coming back to practise at our drop-in sessions. She then progressed to complete online vocational courses on site with help from our team to gain qualifications for work. A single parent with an eight-year-old son, she 15 settled In Somers Town after fleeing ethnic and rellgious persecution. She had been in the United Kingdom with 'lndefinite leave to remain, for over 20 years. She Is unable to contact her family. She told our Advocacy Adviser that she would feel more secure in the United Kingdom if she became a British citfjzen; Training Link helps process such applicaifons In partnership with 'We Are Di8ital' whlch 75 commi55ioned by the Home OffFce. We helped her complete relevant form5. source referees and photos for herself and her son," this was complicated by the fart that her son's Head Teacher did not agree to be one of her referees. 'We are Digital, funding provided a single session with her; and so five follow-up sessions with our Advisers were covered by small grant funding and voluntary input from our Level 3 AIG~qualified Chair and a Magistrate volunteer. To our delight, Anna returned several months later, happy and excited, to announce that both she and her son had been granted British citi2en5hip. Anna has continued attendingTraining Link classes and is now a part-time Teaching Assistsnt at a local school. Slowly, through reconnection and support, she is able to capitalise on previous training and experience as a teacher in her country of origin. Well done Anna! We look forward to watching you reach further heights after achievlng these first, hardest steps. Com uters for Older Peo le and IT Dro -in sessions Ouring the year we continued running the afternoon "Drop-in. sessions on Tuesdays and Thursdays, open to all who want to start learning how to use a computer a5 well as to those who need to practise for their courses or just improve their computer skllls. These sessions provide a safe and informal space for users to atterrd, no reglstratlon Is needed. Someone mayjust pop in for a quick solution to a computer/phone problem or may be looking to learn a particular application skill which may necessitate coming back to continue the learning process. Some sessions are quite relaxed, but others can be a bit hectÈc depending on the number of people arriving and the type of issues raised. Pagel IJ
Some people come to TLvia the Job Centre and they can be complete beginners who need to search for jobs, update and send thelr CV and open/manage an emall. Others have some knowledge from years ago, or from previous work and thus need to update it. They usually learn quickly, being a good typlst is a plus and they need to concentrate on learning the application. We also help those who need to access the Government webslte for varlous services and information e.g. housing, benefits, immigration etc. Recently we have shown some learners how to access the NHS app either to view and manage their hospital appointments orto use an online form to contact their GP, or get an appointment with an optician. People also come to TL for a quick job such as printing, photocopying, enquiring about other courses. They are able to read or answer their emails or get the latest news from their home countries. We have leaflets displaying information about classes and events from other organi5ation5 and community centres for anyone to see and take. This year, we have had more people wanting to learn how to use their mobile phone and this in itself was very interesting. Apple iPhone and Android Smartphones Interface are not the same on all phones. I had to explore the menus to find the right way to do things in various phonesi yes, definitely a lot of learning on the subject specific to each phone manufacturer. Most questions are about Using WhatsApp, sendlng or replying to texts, audios, videos and pictures. Lucklly, to accelerate the recent learning, I had the wonderful help of young "wizard" Chris who is not only a tech sawy but kind, patient and super helpful. We are very fortunate to have him volunteering at TL during his holiday time. Nelly Pineda Camden Adult Communit Learnin and DI Ital Skllls at Tralnln Link In 2023-34 Training Link continued working in partnership with Camden Adult Community Leaming and Tracey Hamilton, our much-loved tutor from Camden ACL, led our digital skills training every Monday. As we are saying our goodbyes and thanks to Tracey, who 15 moving to full-time management of Swiss Cottage Library from September 2024, we are happy to share her final report and reflections below. -As I transition from my teaching role at Training Link to full-time management of Swiss Cottage Library, I would like to reflect on my time and contributions to this invaluable centre that I have tsught at for almost 20 years. Courses Delivered Durlng my tenure at Training Link, I was responsible for dellvering several key courses via Camden Adult Community Learning aimed at empowering our community members with essential digitsl skills. In the past, I have taught malnly MS Office Applications (Excel, Word, PowerPoint), l also taught web design which has very popular. During the last year I taught two courses at Training Link- l) Essentfal Dlgital Skills Qualificats'on and 2J 1ntroductt.on to Business und Office Admlnlstratlon Level l. Pag¢112
Student Outcomes & Pro ression The response to these courses was overwhelmingly positive, especially wlth the introduction of the Intro to Buslness & Office course, which was offered for the first time. Many students from the Essentlal Dlgltal Skllls Quallficatlon course will be advancing to higher-level IT courses or have utilised their new skills in their current jobs, enhancing their productivity and efficiency. Student of the Introduction to Business and Office Administration Level I course reported increased confidence in handling business tasks, and being much more efficient. Personal Reflections and Partin Words It has been a remarkable journey to witness the growth and achievements of our students. Their determination and progress have been a source of imrnen5e pride and fulfilment for me. As I step into my new role managing the community library, I carry with me countless memories and the satisfattion of knowing that I have contributed to the personal and professional growth of many individuals. Training Link has been more than just a teaching centre; it has been a community, a family where every success is shared and celebrated. l am confident that Training Link will continue to thrive and make a significant impact on the lives of many more. I leave with a heart full of gratitude and a deep appreciation for the friendly, open and collaborative spirit that defines this organisation. Thank you for the support and trust over the years. I look forward to Seeing Training Link reach even greater heights,. Tracey Hamilton ert -Pre rin for Work In NHS I have undertaken various administrative and publicity tasks atTraining Link. This year, l attended an outreach event atthe UCL Volunteering Fair for Training Link. I recruited a new Office Cleaner and was responsible for building maintenance. I wa5 an invigilator forthe end of course exams. This year I was responsible for the implementation of the NHS PCAN project at Training Link. This scheme was intended to encourage ellgible students, interested in entry level roles in primary care, to enrol and embark on a three-week online study course. We had 50 to 60 enquiries regarding this scheme, I personally enrolled 24 people online and 10 went on to successfully complete the course. Stephen Mccarthy Page113
Testimonials From Learners 66 66 The tutor is very helpful and kind I feel safe here, I can ask for any advice or help 66 Thank you for the tools and knowledge shared throughout the course. 66 66 I feel welcomed and encouraged to leam am learning so much from everyone 66 Tutors created a safe and supportive learning environmerrt [for] practical learning and output reflection and creativity 66 66 Really enjoyed the v¥hole ambience and flow of the sessions. Lovely tutors It was an encouraging and inspirational. A good group with diverse expectations. P888114
ACKNOWLEDGEMENT AND THANKS The Management Committee and Trustees would like to thank Staff, tutors, supporters and dedicated volunteers who invest much time and effort to run classes and advice sessions, develop and implement projects, organise and attend various events in the community on behalf of Trainin8 Link. Special thanks is due to Peter Lush, our outgoing Dlrector, for his on-going dedication in leadin& then volunteering to help sustain Training Link's good work. We also wish to thank partners, whose drive and enthusiasm have continued to bring about the suc55 of our shared activitie5, particularly Camden Adult Community Learning who run course5 on site, University College London student Union and Camden Centre forvolunteers who slgnpost volunteers to support our work, Life after Hummus, Somers Town Museum, HealthProm, North London NHS PCAN, British Museum Community Outreach Team and more... We would Ilke to thank the followin or anisatiofts who funded us durln 2023-24.. London Borough of Camden (CIL and Resilien Fund) The Fitzdale Trust Vandervell Foundation North Central London INCLI Training Hub (PCAN project) Somers Town Big Local London Community Foundation Pagel 15
Cnntents of the FinanGial Statements for the Year Elld 31 MarGh 2024 Page Report of the Tn 14 Inded¢llt Exaroinctrs Report 15 Statement of FinaaGial Activities 16 Balance Sheet 17 Not¢s to the Financial Statements IS to 24 DetaileA Ststement of Financial Activities 25 Pa8e116
Re rt of the Trn8tees for the Year Ended 31 March 2024 The who 4r¢ also directors of the ch8rity for the putpos&g of the Cornpanies Act 2006, present their Teport with the finaTAc&al statents of th¢ tharity for thc year ended 31 Matclt 2024. The trnstees have &doptsd the pwvisions of Accounkng and Reporting by chulti. Statement of ReCoMmded Practice &ppli¢abl¢ to charities preparing their accoiints in accordallce with the Financial Reporting Staodard applicable in the UK and Republic of Ireland (FRS 102) (effe£tivc I January 2019). ACHXEVEMENf AND PERFORMANC This rqjort should be read in COlliUDCtion wilh the Trninillg Link Rcport, includBd &8 an aLllcx to this documcnL FINANCIAL REVIEW Re5erYes po]icy It is expected that rc5crYes of at least £IO.000 should be held to mainÉain an appropriate level of working capital and to protect theie operations of TrainittgLiok from the effeGts of any variations it] its income or expendithre8 as identifJed in thcRisk Policy end any unforeseen eveots. Covernillg document The cbarity 16 ¢ontrolled by its and articl¢s of association. and wustitutes a limited ¢ompally, limited by guat8ntee. as defined by the Companles Act 2006. REFEIIENCE AND ADmINISTTIvE DETAILS ReEtst¢red CoMpY number 03142188 (England tmd Wales) RegLstered Chgrlty number 1051662 R¢EisÉer¢d offiee 54-56 Phocnix Road London NWI IES Trnst¢es B GorÈng-Moore Dr E ATnold Ms K Hayes Ms M Christian Conywy Secretary Ms T Buyuovskaya Independent Exajther Jobn Lamboum¢ Latha LambowDe Ltd 18 W(MJdlallds Pa Bexlcy K¢ttt 2EL Approvedby ord¢r of th¢ board of on 151h October 2024 and signed on its behalf by: Pagc | 17
tc s of Traini Link Independent examiner's report to the truste of Traittlng Llnk (lthe Company,) I rqN)rt to the Chlty trwtees on rny examination of the accounts Df the Company for th¢ year eaded 31 March 2024. RespwWitÈe5 and basis of report As the cbarity's ttusÈees of the Compauy {attd also its directors for the purp08es of conJp8lly law) you are responsible for lh¢ preparation of the accounts in accordance with th¢ requTrr¢ments of the CompaDiGS Act 2006 ('th¢ 2006 Aol,). Havitig s8tisfied myself that tbB &ccouuts of the Company are not requir¢d to be auditsd under Part 16 of the 2006 Act and are cligible for independent exnillation. E report in reect of my examitiation of your ch&n"ty's accouttts 8s ¢anied out under Sectioll 145 of the Charities Act 2011 ('the 2011 A¢t'). In cryIng Ollt my ezaTnination I have foll0vd the Diftclions given by the Cb8rity Commission under Section 145(5) Ib) of the 2011 ACL Indepelldent exAnylner'3 statement I have ¢ompletedmy WAamination. I confirmthat no matters have come to my attention in connection with the examination giving me CaSe to believe: accounting OrdS wert not kept in respect ofthc Con)pany as requir by Seclion 386 of the 2006 ACL or the accounts do not accord with those recor¢l8" or the accounts do not mply with the accounting requirements of Section 396 of tlLe 2006 Act other th8n any requirement that thc accounts gtye a true &lld fair view wbich is not a matter GOnsidtt as Part of aD ind¢pend¢nt cxamination. or the accou[ have not been prepgred in acGordaDrz witll the methods and principl¢8 of the Statemt of Reornellded Pra¢tice for a¢counting attd reportittg by chaTiti&8 (applicable to charities pryaring their accounts in accordance with the Financial Reporting Standard applicable in the UK 8nd Republic oflreland (FRS 102)). I hayc no concems and have coms across no Ot1 matters in comiecti(itt with tb¢ exajnination to whicb attention should be drawn in this report itLorder to enable a proper UDd¢rslanding of tILe accounts to be reached. Jobn Lamboume L4thanJ Lambournc Ltd 18 Woodlands Park B¢xley K¢nt DA5 2EL . lef oa 2Ay£F Pagel 18
temellt of Financial Activiti for the Year Ended 31 Marth 2024 31314 Total funds 31.3.23 Total fimds Ullr¢stricted fimd R$S1Cled fimds Notes INCOME ENDOWMLYfs FROM Donp&tion8 2nd legaci¢5 491 491 733 Clwlt*ble activities TraLg f¢es 428 20.494 2J14 11,259 58,968 70.227 Koo(Th hire Investment income 634 634 180 12 71 28249 Cknitaible adivitiRs 21224 40 61,576 ET ll¥COMEi(EXPENDllURE) (8,840) 1&616 9,776 (21271) RFLONclLT10N OF FUKDS Total fi{L$ brought forward 25.723 9JOI 35,024 56.295 TOTAL FUNDS CARRIED FORWARD 27917 44,800 The notes forni part of these fJnancial statenThts Pag¢ | 19
Bal8nc£ Shcet 31 March 2024 31324 Total funds 31.3.23 Total Unrestrtcted Restricted funds Notes CURRENT ASSETS Casb at b8nk and inlmnd 182(p6 27,917 4@123 36347 Au]ounts fallillg duc Nvitbin one year (lJ23) {iJ23) (1.323) NET CURRENT ASSETS 27 44 35.024 16083 27,917 44,800 35,024 NKT ASSETS 27 16083 25,723 9301 Rcstrictrd fullds TOTAL FUNDS 44,800 35.024 The ¢h2Titable Company is entitled to cxemption from auth't under Section 477 of the Compani&8 Act 2006 for the year cadcd 31 March 2024. The T[LebC[8 have not Tequired the company to obtsin an audit of its fmancial statements for the year ended 31 Marcb 2024 in accordojwe with Section 476 of the compa Act 2006. The ITUStees acknowledge th¢irrespoDsJbilities for (a) CttSUFing that thB chaTitable company keeps accounting records that comply with Sections 386 387 of the Compani&8 Act 21)06 alld pteparing fin&n¢iai statements whith give a trLTre and fair view of the stftte of affairs of the charktable compaDy as at the end of ¢ach financial year and of its surplus or deficit for each fit)ancial year in accordanc¢ with d3¢ requiments of Secttons 394 8nd 395 and whicb otherwise con]ply with thc requirejuents of tbe Companies Act 2006 relating to falle1 statem¢nL% so far as applicable to the charitable Lompany. (b) Thue fiuancizl statcments ha b¢en prepared in aOrdanCe with the pmvisions applicable to ¢h8ritabl¢ ¢orwi¢s subject to the s11 companies regime. The fiDallcial statemellts were approvcdbythe Board of Thstees and authoris¢d for i&su¢ on 15 O¢tober2024 and w¢r¢ siglled on its beEulfby: The note5 foTTn part of these firlanciai ststemcnts Page120
Not&8 to the Financial Statements foT the Year Eoded 31 March 2024 ACCOUI¥TING POLTCIIS Basis of preparing the financial ststements The fttjanci StateM<tr of th¢ ChItable compatty. whith is a public benefit eTJtity uNler FRS 102. have bee prepared ID acwrdance with th¢ chltieS SORP (FRS 102) 'knounling and Rqtting by Clwitics: Statement of Recollullend Prdclioc applioable to charities preparing their 2CCQUDts ill accordance with the Financial Reporting Stsndard applicable in the UK aud Republic of Lrclalld IFRS 102) (effective l January 2019)., Fitiallcial Reporting Standard 102 Th¢ Financial Reporting Stalldard applic&ble in thc UK aDd liyblic of Ireland, and the Companies Act 2006. The fillanci21 statBrnBnts have been prepar¢d th¢ bistoric41 cost Couvellti(L Income All income is recogllised in the Statement of Financiat Activitiu once the charity has entitlement to the funds, it is prob4bl¢ that the incorne will bc received and the amount ¢ao bc measured reliably. Expenditure Liabilities are recogoised as expenditure as soon as there is a lega] or constrCtiVe obligatiou committing the chatity to tbat cxpcndithr4 tt is prob5th1e tbat • tr8EL8fer of economic benefits will be rcquired ITL SEttlunft ad the amount of the Oblition be measured T¢itably. Expendithr¢ is account for on an accNals basis and bas been cl85sifi¢d under headings that aggr¢gate all cost relat¢d to th¢ Gatcgory. Where costs cannot be dir¢rtly attributyl to particular h¢athgs they have been allocated to a¢tivitie6 on a basis cotisistart with th¢ use of resources. Tangible fixed 888ets Depreciation is provtded at the following am)ual ratss in orderto vnits off¢ach asset over its e8timateduseI life. FiKtiJTeS and fittings Computer equipmerlt 33/0 on cost 33Yo on cost Taxation The cltty is ex¢tnpt from corporation tsx OD its charitable activiti¢s. accoundng UnstrICted c4n be use41 in accord8n¢e with the charitable objecti$ at the dis¢retion ofthe trostees. RGstricted funds can onty beused forparticularrestricted purpose6 withArJ theobjects of the clwity. Restsictions arise when spified by the dO]r or when futtds are raed for particular re8tricted PVTposes. Furtber PlanatIOn of the nature and putpose of each fund is included in the notes to the fm2nci218tatement& HI purchase and kasing commitm¢nts Rentals PAid under operntmg leases ate charged to the Statement of Financial Activities vn a str8ig&t line basis over theperKtl of the lease. Pension eosts 2nd other post-retlrement benefits The charitable company operdtes a defmed contrl)utionpetssiottsclMllc. Contributions pable to the cFthtitsble conwa$ peL8ion schetlle are ckn'gedto the Statement of Financial ACtitiCS in th¢ period to wJJickthey relate. colltinued... Page121
Nofrg to the Finattcial Stafrm¢nts - continutr for the Year 31 Marc 2024 VESTME JThCOME 31.324 31.323 634 180 iyrr INCOTrIEI(EXPENDITURE) Net illcomeJ{expendilurc) is stated after chargiuW(crcditsllg): 31J.24 31.323 Depreciation- owned assets Other operating le&ges 359 4,361 TRUSTEES. REMUNERATION AND BKNEFITS There were no trustees. remunerntioD or other b¢fits for the year ended 31 Marth 2024 noT for th¢ yeat ended 31 March 2023. Trnst¢es' expenses Thpae were fro tntees, exp¢ns¢s paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. STAFFCOSTS The &verdge llnthlY null¢r of employees during the yearw&s as follows: 31.3.24 31.323 offiManagtr Cogrdinatoi aeaner Owations manager No enwloyees received emoluments in cxce&s of £60,0. COMPARATIVES FOR THE STATEMENT OF Fll¥ANCTAL AcfMTIES Unrestricted fund Restricted fimds Total fi]D INCOME AND EIYDOWMENTS FROM Donations and l¢gacies 733 733 Charitsble Aetlvitles Training fees Service6 ctr Room kni 4.528 2.650 2.314 4.528 20,494 2.314 17,844 Continued... Pa8e122
Trainin Link Notcs to the Ftuattcial Statements - continutd for the Year Ended 31 March 2024 colwPARTIVEs FOR THE STATEMENT OF FINANCIAL ACTIVITIES - eontinued Unta%tricted Restiicfrd fimd Total Charit&ble actIvIe$ (5,076) (16,195) (21271) REcONcILTx0N OF FUNDS Tosal fid8 bmught forward 30.799 25,496 56295 T(YfAL FUNDS CARRIED FORWARD 25.723 9.301 35,024 Fixturo5 Computer cquiprnent fittings Totals COST At l April 2023 aDd 31 March 2024 4,700 9.260 13960 DEPRECIATION At l Apiil 2023 and 31 Matcb 2024 r BOOK VALUK At 31 March 2024 At 31 March 2023 CREDrroRS: AMOUNTS FA5ItNG DUE WITHllq ONE YEAR 31J.24 31.3.23 Accruals and deferred income Accrued expenses 663 660 663 660 lJ23 Page123
to the Financial Statem ts- continued forthe YearEnded 31 March 2024 MOVEMENf IN FUNDS Nrt movement At 31.324 At 1.4.23 Unrestricted hmd8 G¢neral fund 25,723 (8W) 16083 Restrieted fvnds Fit7A1alc TTUSt Camdcn CIL CAmd¢n Rasilience Fund L4)ndon Community Foundation Vanderyell Foundation 750 3,816 {7511) 21,851 1,250 (4,735) 1,000 25,667 1250 4735 18,616 27,917 TOTAL FUNDS Net movement in fund4 included in the abovc aTe as follows". Incoming resources Resour expended Movtsnent in fun& UDrestrlet¢d 12J84 (2J,224) (8,840) ritzdale Trn8t ST Big Lornl Camdcn CIL Cantdcn Resilience Fund Lolldon Conunwty Foundation Access Foundation Grznt PCAN Vandervell Foundatioa (750) (41D (16,049) (6350) (4,735) 16,891} (3,660) (750) 417 38,500 7,500 21,851 1,250 (4,735) 6,891 3,660 52 TOTAL FUNDS 71a52 61J7 9,776 Page124
Notes to the Financial Statemen . continued for tbc Year Ettded 31 March 2024 MOVEMENT tN FUNDS . continued Comparatives for movement lo funds rnovem¢nt in funds At 31.3.23 At 1.422 Unrestrleted funds General fond 30,799 {5,076) 25.723 Big LA>tt¢ry Fund Fit7AUe TrusL Francis Crick 6.658 (6,658) 750 (1.328) (11,444) (U5Q) 750 1.328 15,260 2.250 3.816 charl Hayward Foundation 25.496 16,195 9.301 J271 35.024 Cornparativc net movement ID fi]nd4 included in the above are 8s follows: Tncoming Resource expcndoj Movement UJMYstrleted funds General fund 10.405 (15.481) {5,076) Big Lottffly Fund Pilzdale Tntst Francis Crick ST Big Local HS2 GTourLdworks CIL ChaTle4 Hayward FouTLd8tion London COU]UnIty Foundation {6,658) (750) (1.328) (417) (6,457) (11,444) (2250) (6,658) 750 (1.328) 1.500 417 6.457 (11.444) (2,250) 9.470 17,844 16.195 28 49.520 continued... Page125
Trainin Link Notes to the Finattci Statements - continued for tbe Year E 31 March 2024 MOVEMENT IN FUNDS - CODtinued cuffent year 12 Thontbs atkd lOry¢ar 12 month8 combiued position 18 as follows". Net movernenl i) fi]Dds At 31.3.24 At 1.4.22 UmrtrICted hnds Genernl fund 30,799 (13.916) 16.883 Restrieted funds Big IA)tt¢ry Fund Francis CtiGk Camden CIL les Hayward Foundation Camden Rcsilience Fund Vandcrycll Foundation 6,658 1,328 k5,260 2250 (6,658) (1.328) 10,407 (2,250) 1,250 25.667 1250 1.000 27.917 TOTAL FUNDS 56295 44.800 A current year 12 months and PIOT ycar 12 month5 combined net movement in fimd4 illclud¢d in tbe above are as follows.. Incoming R&8ources Movement exp¢nd¢d in fi]nds Unrestslded funds General fund 22,789 (36,705) (13.916) Restricted funds Big Lottery Fund Fitzdale Trust Francis Crick sr Bk8 LK)cal HS2 GrouDdworks Camden C Charles Hayward Foundation CamdefE Resilience Fund Lolldi)n CoEnmunity Foundation Accc&s Foundation Grant PCAN ValldervelI Foundation (6,658) (1.500) (1,328) (834) (6.457) (28,093) (2,250) (6J50) (9.470) (6,891) (3.660) 1,000 (6.658) 1,500 (1.328) 834 6,457 38500 10.407 (2250) 1250 7,500 9.470 6.891 3,660 76.812 TOTAL FUNDS (111096 Pag¢126
Notcs to thc Financial Statements - continued the Year Ended 31 Nfarch 2024 10. RELATED PARTY DISCLOSURLS There w¢r¢ no related party tractionS for the ycar end 31 Mah 2024. Page127
nin Detsxled Statement of FillCiaL Activities for the Year Ended 31 March 2024 31.3.24 31.3.23 Donations and Iyci¢s Donations 491 733 Investment Ineome DqsIt account interest 634 180 Charjtable activities Service progrdmrne incorne 11359 S8.968 9,492 [7.844 Total iBcom5ng rf*ources 71 J52 28249 Charitable aetlvit14S Staff costs Peosions Rent Water Ratrs 21,863 1,736 4AOO 477 788 1809 079 909 Ih12 3,067 333 15,440 911 4J61 103 651 1.707 979 1.291 l263 1976 191 631 15222 24 179 Light andheat Tdephone Postage station¢ry Advertisitig Sundri Computrr expenses EERM fees Teaching Voluntsus ¢08ts Subscriptions Clcaning Rq)ai 17,924 78S 1,031 385 2,133 85 679 1.818 iji Battk chwges 60.916 47.637 Other Dq>reciation of t0ngibl¢ fixed aB8¢ts 359 Governance Costs AOuntAn¢Y and l¢gal f 660 Total rtsour¢es expended Net jDcomeJ(ezp¢llditure) 9,776 (21.271) Pw128 This pag¢ doe5 not fomi part of the statutory finaocial statements