2022-03-31-accounts

Chdrlty v•glstr4tron number 106164S Company ro015trntlon numb•r 03326B09 IEn#l4nd and Wale51 LEARNING SPACE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

LEARNING SPACE LEGAL AND ADMINISTRATIVE INFORMATION Trusts8s T Bullen- Chairman C Parry J Mockler S Govind- Tr88sur8r S Swaln Fossey S Edulnton LPitt Charity numb 1C61545 Company numbr 03325809 R•g15tsr•d offla• Enterprise Court Unil 2, 3 Mlll Street Redhlll Surrey RH18PA Ind•p•nd•nl •Mmln8r Mart 8tntonACA Muris Palmer Llmlt8d Chartered AccouThtsnts Barttelot Ccurt Bartlelol Road Horsham Wesl Sussex RH12 1DQ Bank•rs 8￿tander 301 Sl Vin¢•nl Streat Glasgow G2 5HN

LEARNING SPACE CONTENTS Pag• Chairfs statement TnJstee5' report Independent •M8mlnErfs r8p¢yi stètvmentof fln8nclal •¢tSvilles 8*18nc4 sheet Nole5 to th8 fin81K181 statements 8-16

LEARNING SPACE CHAIR'S STATEIVJENT FOR THE YEAR ENDED 31 MARCH 2022 Last yeads Chairfs ￿pOrt looked forward ILI 2021-22 with Leaming Spaco WOr￿ng as a lounding rnernber of the Emoiional Wellbelng & Mental H8allh ￿lianc8. Th8 ￿ri8[￿c8 began work in April 2021, a$ a newly forffled partnership ol NHS wothing colL4bor3tively with thlrd sedor provldeTS lo defwor services to vuln¢rabfe chlldten and young people in Surrey. The ffjporl ￿￿¢1￿￿¢￿ by remafklng Ihal Leaming Space was WBII placed lo fflBkg a significont conknbulion lo Ihls new Afjiance. In fact 2021-22 ha8 proved to be a year of remarkable achi8vem0nl Iw Le8mlng Spac8, in tenns of exp8nding OUT abifity io engage and support children and people. Our conth'bulion lo Ihe Alliance has exceoded all cxptsclation5 in volume of Se￿Ice5 delivered. the etfidency of our adfftSnSsiratsv8 support and thg leadership we hav8 shown in developin9 liance strategy aA>und gDal based oulcomes and Itstenlng to Ihe user volc. All Leaming Space stslf hbve pl8yed Iheir part in oUrsU￿8$S and hoartrell thanks Jrb lo all. Within th8 Alliancg. Loèming Space offers two main servlces. Vve aro dlrealy contracted lo supply nevmdevdoprnenlal INOI ServI￿S as a full panner ol Ihe ￿lIanCe 8nd we supplyearfy inleNenllon IEII 68Jvlce5 through our mernb8rshlp of th8 SurTey Wellbeing Partne￿h[p ISWPI. which 1$ 8lso a fvll parlnoi of the Afiance. Demancl for both OUT ND and El seN¢8s as ex￿pIlon31IY hlgh throughoui th8 yaar, parfcularfy our support lor children and young peopl8 vlth a ND condlutrn. The mosi likely expbnation lor high demand was Ihe uneerfointy isojabon ¢￿aled by the COVID19 epidemic tsken tegether the anxlety rJealed bythe deifrri0ra￿ng economlc climalo. In P0￿cUlar. the aftern)ath ol COVID has had a profound impacl on Leaming Spac6 JeNlce d8nvery. Our natural meeling 6pa¢e5. suc1> as schoDls. We￿ Increasingly rduclanl to allow u$ lo use thcir fadlluos a5 8 procautson ag8ln81 the rlsk ol $preadin9 inf8cltoTr. Opportunlbes lo meel ¢hlldren and young people were Iher&forè becofftln9 rosiyicl8d. Added lo thaL very eady ints the 2021.22 year. Leaming spa￿ Iosi our exduslve use ol the Phoenlx Centre in Tadworth due to the changed manzg8mgnl piioTrb"es ol Ihe CoLsnty Counul. 11 became apparent Ihal Leaming Spaco n8•ded d8¢ical8d gceDmmodaik¢n In orfer to 88¢ure moeting spaces to rnBnage the Inueased demand. In November 2021, L¢amlng Spaco took OTr Ihts lease of office8 In Min streeL Redhlm 8nol Subsequently thls locatton ha5 become Ihe hub of our operalions- ai lÈasl in Iht east of the coufjly. 11 was pleasing symmetry lo dlscover Ihat our new opera￿onal cenlre was p¥eviously occuthed by another cbaritywhl¢h had bg8n setup by LeBrnlng Sp8cei lounding fother, the lale Bwce Pearce. Wllh tl)ai knowledge M￿1 SlTrel f88ls th8 rjghl plac• to be a$ Le•mlng Space CQDllnutrs to grow nLI expand our seFVi¢a$. rim Bullen Chalmian D8ts.. 22 Decernber 2022

LE4RNING SPACÉ TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORTI FOR THE YEAR ENDED 31 PAARCH 2022 Thetrustee5 present their annual ￿pOrt and finan¢ial statements for the year ended 31 March 2022. The fjnanoal 51atemenls have been prepared in &c￿rdanCe wth the accounting policies set out in note 1 to the finar￿181 staternents and comply vmh the charity's Mernorandum aryj Arti¢l&s of AssoGiaUon dated 17 F8bruary 1997, tha Companies Act 2006 and "Accounting and RepDttsnu by Charities. Statement of Recommended practi￿ applicable lo tharities preparing their a￿￿ntS in accordance wlh the Finan¢io1 Reporting Standard gppli¢able in the UK and ReputAr¢ of Ireland IFRS 1021" (effective 1 January 20191. Obj•atlv•s and autlvltl95 Oblattts gftho Charlty The charivs obJ'e¢t$ are to provkle tr8ining 8nd other fa¢ililies lo help young people and teenagers from the county of Surrey davelop thèir physlc81 and mental t4pabilib"es, so that they rnay grow to re81i58 their full poten￿￿. Publlo bJn•nt The Iwslees have paid due reqard lo the ueneral wh48r¢ce cffj benefft issued by the Charity Comrni5si¢n In d￿dIng what activitses th6 chAnty should undert8k8. The trusteès are satisfi￿ that the tharity to meet Iho requlrtd publi¢ benefit test through its oble¢tives and 8ctiwti8s. Actlvltl•s •f th• ¢h•rlty Th& th8rity supports pmjects Ihal aim io.. 41 ldents.fy YOW￿ people In Surrey, rnalnly In th8 13 to 18 y88r8 of age range, 1th05e rela￿'OnShIpS have broken down nd whose eKpeAences hava left them with fealings of despair and allenab'on gnd no sense of puFpovJ and fiJlfilrnent, bl en&ble these youThJ poople to meet hSlherto unmel ¢h•ll•ng•$ In th•Sr lfvo$ by WO￿￿9 •longsld• th•m •nd off￿Th0 •nMurag¢m•n[ trust and support and cl erKourage and build on young peopkn's strength8 and akn'lilles and •nablo thern to Teali88 thoir ftAI Wents"9l 91 memb6rs of the communlty.

LEARNING SPACE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORTI ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Aohiovomonts and porformantto A5 Stated in the Chairfs statemen{ this year %Yas the first yesT of operation IOT StYT8y'S new'CAMHS' Servi￿ entiled the Emots"onal Wellbeirtg and Mental H&allh Allianc8 whèrè Leaming spa￿ 15 a founding partner. Whilst thB i)verall perfonnanee of all partner¥ across the Aliance best be described as a 'mixed b8g'. throughout the year Learning Spao ts)nsistently exc66déd the performanc8 tsrgets we had agreed at the outset of Ihe service In sumfflary. for our ND and El 5ervic$. we oVerperfOrrr￿d (above targell by.. 161% for the number tsl childran r8ferr&d to our ND 1-1 offer 178% lor the nurnber of children r6ferred to our ND gTOUP offer 113% for the number of Interventions provided across our ND servica 109% for the nurnber of Interventions provideil aGr055 our El 5eNice l must go to our highty profe5sicfial front-Iln6 Fyactits'oners, 8￿Y backed up by all of our support slaff. By wothlng In hamony, Leaming spa￿ was able to d&liver rncre than the sum ol our parts. Und8m6ath the headline performance figu￿ thero Is huge r8ng8 of innov8bve individual and group 8ctivity r&presented here whiGh involve staff w¢fvng across many differing locab"ons. The en•r9y 8nd dynarnism of ourwork 1$. by itself, a very ¢onsiderable achievement. In the inleresl8 of opennts55 and tr8nsparenGy howtsv•r, it should be noled that the number of Int•rvenlions lor our El 1-1 Junssllino Service was slightly down on largel. Throughout our history, Learnina Space has predomlnately operated a face-to-face delivery rnodel but COVIO and a consequential reluctanc8 to open doors lo third partses has rnade that approach Increasing problematic. In Novombèr 2021, Leaming Space man8g8d to somewhat r6dress this balanc8 by s¢urfng a ￿458 on new office$ in Redhill Ihfrreby pmvidiw $om rnUGh nv?ded slability. Our Redhill office in Mill Strefjt ￿mpriSeS meet¢Thg rooms for both 1-1 woik and for groupwork, It h88 been a huge success and very popular amongst $t8ff, children, parents and famllies. It has quickly becomt our operaUonal hub. It should ￿ noted that having our own space represents 8 matLIFlng of our sefvlce offer to the Icc41 cornrnunity. Le8mlng Space can darn￿6trate that we are puwng down r<)015 which, h¢Jpofully, cn only build confid8nc &mongst par8nt$ and farnilies. Tho acquisrtion and renovation of Mill Street a8 our head office was a projact doliv•r•d &$ a j¢int effort by many L6aming SPA￿ members ol $laff and a$$o¢l8tt<l fv.ends - from nego114ling fin8nci41 term5, organising adapb"on8, d•¥¢loping pmrnotion81 video to painb.ng ￿11$. On¢x again. ¢r•dit mu6t go lo all those involved. Flnally. retumlno to the AllSantx, the nrst year of oparation has been ￿ ol solld $ucce55. We ar8 rwjw polsed to play an Increasing role In d8veloping 8 common structure for the Allanco around Ihe Se￿Ce slandalds that Learnlng Spac& has championed over many years. Standards like the chilwparent voice being heard., m8asur6d uoals based outcomes and s•leguarding. Tlwrn m•y b• opportunrtl88 to dev81op Learning Spac8 Gt8lfto t•k• 4 mortr pwoial rot• in 8tr¢nglhening Ihe Iianc&. Fin4n4i•l r•vi•w The results for the year show th the Ghanty made 8 surplus of £68.fj7412021 - deficlt of £21,3WI. Thè reserves of the company inu8ased from £199.397 as at 31 Mwch 2021 to £268,071 at the yearend. The Su￿uS was due to tho sur£e8sful first year in operation lor Surrey's new CAMHS SeN1￿ entiued th8 EmoJonal Wellbelng and Mental Health AJlSance It Is the or the ￿'ty that unrestricted funds have r¥A been designated for a $pe¢lfl¢ us& should bg maintained at a lovel equivalent to four months operatlonal cost5. The trustees c¥Jnslder that rèserves at thi5 level wll 8nsure tha( in th6 event of a ggnifi¢x)t drop tn fvnding. they ￿11 b£* able to continue the chaTrty's ￿rrent actiwbas whi18 ccn5iderab.on is gwen to ways in which additional frjnds may b8 ra$8d. As at 31 Marth 2022, this18vel of reserves 15 rnet as th6 b81ante in unrestrided fvnds at the year end is £236,160. struc￿r•, gov•man¢• and management The charity is a cornp8ny limited by guarantee and fts wveming d0￿ment 15 Its Memorandum and Artide5 ofAssooati¢)n dated 17 February 1997 and a5 amended on 29 November 2000 and 25 May 2005. Thts thanty regi$trab"cn number is 1C61545 and Ihe offire ofthe chwity is Enterprise Court. Unit 2, 3 Mill Stree¢ Redhill, Surrey. RH16P

LEARNING SPACE TRusfEES' REPORT IIMCLUDING DIRECTORS. REPORT) (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2022 The tru51ees. tho are a150 the direciors for Ihe puw&se of u)mpany law, who Served durfng Ihe year and up to tha dale olsignaluvE olthe financL81 sialementswere.. TBullen- Chainnan C Parry J MoC￿er S Govind-Treasurer S Swaln Foss8y S Edglnton A Hopkin8 M Scott S knghl LPitt IAppclTrted 21 July 21f22) IAppoinled 1 December2021) IAppDlnlÉd 21 July 2022) IRe¥igned 31 March 2022) IReslgned 20 Juty 20221 (Resigned 31 March 20221 (Appdnled 16 November 2022) Trnsts• s•1gctlon m¢thod Trustees ar¢ se18￿ed from Inleresled foul persons rnpmstntlnp Gommuntty prof8s51oAS, for examp18 Ihe pollts. dergy, medical wolessionats and cowiselling servlcÉ$. M&mbers' guaranto0 None of the trustees h85 any b•nefi¢lal Interest In the company. ￿1 olthe truslees are mernber5 01th8 COrnP8ny 8nd esch gLtar8nlees to contrjbule a maiimum of £10 10 the a$$eL8 of the tharfty In Ih? evanl of 8 wlndkng up whlle he or sh& Is a member Or￿th5n ￿e1ve monihs of Ihelrceasln9 to a member. Organlsatlon81 structure Learning Spacels g0Vem￿ by Its Board ofTru8t88B. hl¢h M•0￿ thrn• imes 88th ￿r. It d61oyales d8y to day aulhtyfjty to the Managem¢nl Comrniltoe. One ol the Leaming Sp8C8 pradlbner8 8180 attends thp M8nagement Commlttee meeung io T8P￿sent the OFgaTrlsallDTr'S employees. small Compan1￿ ex•mpUo This mport has b••n prepAr￿ in aEcordancg vjllh lh• provisions applicab19 lo ￿￿VanI•S enulled lo the srnall compaftbs exBThpbon. The tsu8tees' ￿pOrtW83 approved ty Iha 8o&rd ofTFusle8¥. T Bullen- Chalrm Trutstq• 22 December20Y2

LEARNING SPACE

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF LEARNING SPACE

I report to the trustees on my examination of the financial statements of Learning Space (the charity) for the year ended 31 March 2022.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

• 1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

• 2 the financial statements do not accord with those records; or

• 3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

• 4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Marti Stenton ACA

Morris Palmer Limited Chartered Accountants Barttelot Court Barttelot Road Horsham West Sussex RH12 1DQ

Dated: 22 December 2022

• 5 -

LEARNING SPACE STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENOITUREACCOUNT FOR THE YEAR ENDED 31 MARCH 2022 Unr6striet•d R¢stri¢ted funds funds 2022 Total Unr•strlctsd Rostrleted fuftds funds 2021 2021 Total 2022 2022 2021 •ndowm Donations and legacies Ch8rit8ble actiwlie5 Investments Other in¢ome 291 899,806 14 5,329 291 899.806 14 5,329 150 335,553 265 13,411 265 13.411 Totsl In•om• 905.440 15,440 349,379 349,379 dltUT• O Charitabk aclivibes 636.766 838,766 370,769 370,769 N•t in¢om•ll•xp•nd5tur81 lor thg y•arl Not mov•m•nt In funds 68,674 68,874 121,3901 121,3901 Funa b4lances at 1 Aphl 2021 167,488 31,911 199,397 188,878 31,911 220,787 Fund bAIAno•s at 31 Maroh 2Q22 238,160 31,911 2e8,071 187,488 31,911 199,397 The $la¢ement ol finarKial xti¥llle& Indud•s dl gains and108S88 rao)onl$ed in the year. I I￿orne and &xpendilur• derive from wntinuing 8clivillas. The statement of financial ￿￿¥1¢￿9¥ 8180 complle8 Wth the r¢qulMmont8 for an lTr¢ome and expenditur8 account under Ihe Companie5Acl 2006. 7he notes on p¢ges 8 ¢0 16 fom part ofthese finanaal stst¢m*nts.

LEARNING SPACE BALANCE SHEET AS AT 31 MARCH 2022 2022 2021 No1•8 FSxd assets T8ngible 855et5 11 38.825 19,234 Current355ets Debtors Cesh at bank and In hand 12 68,993 187.134 46,527 194.108 256,127 242,635 Crodlt<)rs: arngunts f￿lIng duewithin gne year 13 126.8811 1fj2.472) tsjrrenl ass 229.246 180,163 T•lal a88•ts IM• ¢urr•nt IlabllltleB 268,071 199,397 Income funds Re6ts1cled lund8 Unr•Btricted fund$-gener81 15 31,911 236,160 31,911 187,486 268,071 199.397 Th& no1•50n pages 8 to 16 lomi pgrt of th989 nnandal 8lal•m•nts. The company Is en￿lled to the 8xornpUon from th? audit rnquiremenl coniained In e¢¢Uon 477 orth8 CompaAlesAct 2006, forthe year ended 31 March 2022. The directOTr 8cknovAedg8 Ih8ir responsibfi￿o3 foT ¢omplyino th• requirem￿ts ol Cornpanles Act 200S T8SP8Ct to 8cciJunling records gnd th? preparallon ofln8nclal stslemeThts. The members have noi required the compony to obtsln Sn 8udli of Its ffn8nclal stst8m?nts lor th8 y83T In quesuon Sn accordan￿ with BeC￿On 478. These finanwl $&lements have been pfepareo ID oc¢ordar** vAth Ihe provlslons appllcablo lo oJrnpanl8s subl8ci to th& small cornpanies regirne. Tho flnandal slBt8rn8nlswere approved bythe Twstoes on 22 O•cemb8r2022 TBullen- Chalrman Trust S Govlnd-Treasur8T Trustee Company reglstratton number 03325809

LEARNING SPACE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 l&qARCH 2022 Aooountlng pollo1• Charlty InfoTmatlon Learning Space is a privat8 company limited by guarante8 incorporated In England and ￿16$. The reglstered office Is Ente￿n$0 Unit 2, 3 Mill Street, Rethill, Surrey, RH16P 1.1 Accoun￿ng ttonvèntlon The financial statements have been prepared in arLordance with Ihe charlty's Memorgndum and thd$s tsl Associ•ts'on dated 17 February 1997 la$ emended 29 November 2000 and 25 May 2CK151, th& Companie5Act 2006, FRS 102 'The Finanual Reportino Standard applicable in Ihe UK and Republic of Ireland. I'FRS 102.1 and the Charitie8 SORP A¢¢¢unling and Reportino by Charities.. Ststemenl ol Retx)mmended Practice applrcable to Charit￿s preparing thelr 8cctyJnts In accordance wlh the Finandal ReportSng St8ndard 8pplicable in the UK and Republic of Ireland IFRS 1021" (effective 1 January 20191. Th8 chanty is 8 Public Benefit Entity as defined by FRS 102. The tharfty taken advanlooe of the prow8ion$ Sn the 8ORP for ch8riti•8 not to pr•par• 8 Statement of C8$h Flows. The financial sla18m8nts ar• prepared In sterflng, ￿lch Is th¢ lunL#i¢n•l ol th• ¢hgrty. Monètary amounlg In Ih889 flnandal statements are rounded to the nearest £. The finanaal 8tat8ments h4v8 b88n preyred under th8 h1$torf￿ cost c4nvenUon. The prtnclpal ecc4unb.ng policles adopted Ore $01 oui b810w. 1.2 Ooiny eoneprn At the time of 8pprovtna the fnana81 statements. the trJslee5 h8ve a reasonable eXpecta￿0n Ihat th8 charlty h8$ adequate rèsources lo continue in oparational existence for Llte Iof8seeabl8 fulvrg. Thus the trustees ¢cnlnue to Adopt Ihe golng concern ba$1$ of aLxourt¢ng in preparing tha frn8rKial $lal•menl q.a Ch¥rltabl fund Unrestricted funds are av8ilablo for u50 at tho th8cretton of th tru$le•s in furthernr￿ ofth8ir tha￿table otye¢tlves. Re8tric18d fjJnd8 $uble¢t t) $ycJfl¢ u)néit'ons by dCfflO￿ a8 to how they may be u6•d. 1.4 Inoom• Incorne is recognised when the th8rity 18 legally entiued to it 8fter any perfornanco condition$ ha￿ be¢n mt, th* 8mounls c8n bè mèasured reliably. and It is prob8bl& Ih3t income will be recelved. The fdlobthng spe￿fiC policws are 8ppli8d to partkular ca18gorfes of Sntr)me'. Donafr'onB and simi18r Inwming r88ources are only indudod the Statement of Finand81 Activitiès when the charity has Un￿ndItional enl'tjemenl to the re50urce5. Investment incorne is induded in tho actounts when r8cgivobl?. Government grants are recogr￿sed at the far value ol the 8$69t reGeived cf receivable when there is reasonable sstrance that the grant conditions wll be met and the granlswll be received. A grant that sFwfies performan￿ conditions is r8cognised in irthm& when the perfomiance ￿nfI￿On$ are met Where a grant does not specrfy perfomance fX)ntlition5 It Is recognised in income when the proceed5 are re￿IVed or re￿I¥￿ble. A grant retriv6d before the recognits'cfi criteria arè satisfied Is rery)gnised as a liability. When inrxjrning r850urces have related expendrture, the incoming resources and related exp8nditure are reported gr05s in the Statement of Financ4al A¢￿v￿e5.

LEARNING SPACE NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THEY&4R ENDED 31 MARCH 2022 A¢¢ountlnp pollolés IC¢4ntfjnued) 1.fj Expenditure Expenditure is recognised on¢e there 15 8 legal or constrwlivts oblSgalion to Iran51er econornic benefit to a third sl 1$ probable lttat a transfer of economtG benefits ￿11 be ￿qUIred in 5ettlernent, and the arnount of th8 oNigation can be measured reliaUy. Expendiiura Is da￿lfied by activity. The costs of eath Bctivty 8re m8de up ol the total of dir&d tost5 and shared costs, incjuding support Costs invoSv8d in undertaking each activity. Diie¢t ¢osls attnbutable lo a single activity are allocated diredy to that adivty. Shared eosls which contribute to more than on& activity and support cost5 which are not attributable lo a singla athvity are apportioned betweern those ￿tIvItieS on a basis consistent with the use of reSoU￿s. Central $taff costs are aUo¢ated on the ba￿S of b.mo spent, and d¢pr6rAats"on char￿5 are 4located on th8 porti¢n of thg asset's Use. 1.8 fanolblg flx•d 455•ts Tanplble fixed assets Initially me8SUfed at CQ5t and Sub88qU8n￿Y m8a8ured at C05t or valuation. not of dweoalion and any impalrrnent los$¢$. Depreciadan Is re¢ognised so a$ to Write off th8 Cost or vthluallon of assets le$8 their re8￿Ual valu88 over thalr useful live5 on tho following ba5e5'. Leasèhold Improv•m•n¢s Computer$ & offlco eq￿Pment over Ihtr life of the lease 25% slraighl lin8 The galn or loss arising on the di8PD$81 of an ￿ts#t is determined as thfr difforence behveen the &81& proceeds and th• carying value of th& asse( and is reoJgn18ed in Ihe st818rn8nt of fingnd81 a¢uvI￿¥I. 1.7 Irnp4irm•nt olfix•d 455•ts At each repor￿ng end dale, the Gharify revlew5 Ihe carrying amounts oflts 18nglble ossels to detemiine whether there is any indication Ih8t those assets have suffered an imp8irm8nl loss. Ir any such indicalion &xlsts, the rgCOVgr8blo omount of th8 a$$¢t 18 gStirnat8d in order to d•¢em)Sne th8 ￿ent oftha irnp8lmi¢nt los$ Ill 4ry1. 1.8 Cash tsnd eash aqulval•nts Cash and c8sh equivalent5 Indude csh In hand, deposit8 held at ¢811 wlth b8nks. other $hort-temi Ilquid nve5tmenls with original maturities of three monlhs or ￿&$, and bank tsverdr8ft8. Bank overdrafts are shown ￿thIn borrobwngs in cJJrr8nt li8bilits'es. 1.9 Flnanolal Instruments The tharity has eledoll to apply the pro￿${on$ of SeL#l¢n 11 'BaS￿ FinBnu81 Instruments, and Section 12 '01hor Finanoal Inslrum8nt818su8s' of FRS 102 to all of its financial snstruments. Fin8ncial instruments a￿ re0)U￿sed Sn the ¢artty'$ tJ8lawJ sh￿t when the charity I)eCo￿￿5 party to the conltathal provision5 ofthe inst[urne￿L Finond81 assets and liabilities 8re offset, wilh the n8t 8mount8 wesented In Ihe finanry315taternenls, when there is legally enfOrcea￿e right 10 oft the recogni5ed amoun15 4nd there is an iniention ¢0 settle on a net basis or to realise the asset and 5etUe the liability simultaneousty. Basle finanelalassèts Basic finanaal assets. which indude debtors 8nd c88h and b8nk balan￿, a￿ initially rne8￿red 8t tr8n58thon pilce Ind￿ding trans2thon ¢sts End are 5ubsequenUy carried at 4morb5ed cost using lh& elfethve Interest method unless the arrenuement constitutes a fin8ncing transaction, where the transathDn is measured at the present value of the future r8ceipts dlscounted at a rnathet rate ol Interest. Flnanaal assets dassified as re¢eiv4ble wthin one year are nol arn￿tised.

LEARNING SPACE NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Aotounting poliei•s {Con￿nued) ImpairTr7entof fin•n¢l•l ès$els Financial assets, oth6r than those held at fair value through income 8nd expenditure, 8Te assessed for Indicators ol irnpairnent at each reptsrtin9 date. Financial a55els are impair8d where there is obJ'&clive evidence that. as a re5U of on6 or events tha¢ occurred after the initial rerognilion of the finanual a55el, the 65timat¢d future cash flows have been 8ff8cted. If an a5sel is impaired, the Imp8im16n¢ loss is Ihe diff6rence between the csrying amount and tho present value of the estimated cash flows th'scounled at th8 ass6t'5 originBI 8ffective interest rate. The impainn¢nt loss is recognis6d In net incomellexpenditurel for the year. If there is a decrease In the impaimient loss arising from an event ooxrring after lh8 Impaimient was r8Wgni￿. the impalmient Is revarsed. The reversal is such that th8 current carrying amount dott5 not exceed what the caTrying 8mount would have been. had the imp8irm6nt not previously been recognis8d. The impaimlent reversal 1$ iemgni88d in net In￿MellXpBTrJiturOl for the year. D¢re¢ognltlan Of Iln8ncl8l•s$ets Financial ass6ts are derecognis8d Only when the contradual fiqht5 to Ihe cash flows from the asset explre or are sewed, or when the charity transfers the finanGial asset and subslanlially 211 th8 risks 8nd rewards ol ownership to 8n¢ther entity, or Ir some signifiGant risks and reword5 of ownership are retslned bul control of o$$et ha$ transferred to another paty that Is oble to sell the asset in ils entirety to an unrelated third party. 8•8lo tln•nel•lllabllltl•8 Basic final￿181 Iitybilits'e5, including ¢redilor5 ar• InI￿allY r¢¢4gni5ed at trans8don pric unless the 8rr8ngem8nt constitutes a finandno Ir8n$a¢tion, where thts d#bt inslrumont is m•88ured #l the present value of the futur• payments discounted at a market rate of in18r•sL FlnonGlal 114b+llUe8 classlflad •$ p4y•bla within on8 y88r •re not arnort15ed. D•tyt Instrument8 are 8ub8aqu¢nlly ￿rried at aM￿tiSed cos{ u$ing the effethvg Intemt rat• mothod, Tr8d8 c¥8dhors arè obllgauons to PBY for goods or $ervirAs that have been acwlred ln lh• ¢rdln8ry ol operaUon$ frorn supplier5. Amounts payab16 are d455ified as currént Ilabililies if payment is due within cne year or lèss. If not, they are presented 85 non-currant118bililies. Trade creditors a￿ recognised inib'ally 81 tran$aGtion wic8 and 5ubsequ•ntiy measured at amLvtlsed ¢¢st uslng th8 8ffectSve inieresl method. Derecognltloft alfjn•n¢l•l IIAbllltlg¥ Finan081 l18blll￿eS 8Te dere¢oonlsed whon the ch8htys contr8clu81 obligatbns axpkè or are di$¢harged Or C8nc*ll8d. 1.10 Employ•• b•n•flls The c4)sl of any unus8d holiday enllllemtsnt Is recognised In Ihe period in which the employe88 s8￿ceS are rec8ived Termination benefits a￿ ￿¢¢g￿l$ed imrn8diatsly as an expense when tharity is demonstrably committed to tennin8le ¢he employrnent of an employee or to pro¥Ade tem)InaUon benefits. 1.11 R•tirgm•nt b•nrfits Paymonts to defined wntribution retirement benefit schemes are Gharged as an expense 45 thay f811 du8. 1.12 Lèas95 Rentals payable under oper8ting leases, including any lease incentives re¢eived, 8T8 th8rg¢d as an expens8 on a straight line basis overthe term of the rdèvBnt lease. 10-

LEARNING SPACE NOTES TO THE FINANCIAL STATEMENTS {CONTINUEOI FOR THEYEAR ENDED 31 MARCH 2022 Donatlon$ and lega¢i05 Unre5tr5gt•d Unrestri¢led funds fvnds génèral general 2022 2021 Oonations and gift5 291 Chorltabl• a¢tivltlès S•hopl S•rvloe LPF & CAMHS Aqrtrm¢nts ¢8 202Z 5WP 1••4 SCC ts•• CYP IAPT T•ts Z022 T•tAI 2021 fe•$ 2022 2022 2022 2022 Counselling servic88 74,217 762,619 11,900 10,000 41,470 899.808 335,553 For th• y•ar •nd•d 31 Mwroh 2021 Soh•t*l S•rylo• LPF & CAMH5 Agi••mvnt• SWP fv•8 SCC h• Ttstsl 2021 Coun$¢llSnp $eThke$ 75.936 245.654 6,461 7.500 335.553 nalysis by fund Unrastricted funds- g8n8ral 75,938 245,6S4 8,461 7,5(M) 335.553 Inv95tm•nts Unr•striot•d UnrestrKled funds fvrxls gÈnor81 general 2022 2021 Interest reGeivable 14 265 11

LEARNING SPACE NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Other I￿•m* UTrr•strlot&d Unreslricted funds funds ggneral general 2022 2021 Job RetentSon Scheme grant8 5,329 13,411 Ch•rlt•bl• ￿tIvIt￿•S Dlr•tst¢Q5ts M•n•g•m•nt Informatlon Gov•manc• ohnology 2022 Totsl 2022 Totsl 2021 2022 2022 2022 Staff costs Coun$elling ¢Mts 703.C63 23,323 703,063 23.323 335,338 8,156 728.3e6 728,386 343,494 Sh8T8 ol support cos18 Iseo note 71 Share of llDvernan¢e e4Sts (see note 71 80,668 21,920 102,588 22,545 7,792 4,730 728,386 80,666 21,920 7,792 838,768 370,769 Ftsrth• yor •nrl•d 31 IAaMh 2021 Dlr8¢t •osts Manaqgm•nt Informatlon Gov•man¢• t••hnoloyy osts Total 2021 Staff costs Counselllng ¢o$ts 335,338 8,156 3&E,338 8,156 343,494 343,494 Share ol support C05t515ee note 71 Share 0fgovelnan￿ costs (see not8 71 18.617 3,928 22,545 4,730 4,730 343,494 18,617 4.730 370,789 Analys1$ by fund Unre$lricted frJTrd5- general 343,494 18.617 3,928 4.730 370.769 12-

LEARNING SPACE NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Support costs Support Governance ao¥ts ¢05ts 2022 8upport Govgrnanc• eosts cost8 2021 Dèweciatio Rent In5ur8nce Traininy and subSCrip￿on$ Telephone Re¢Tutrnent Tfav¢l expenses ghl and heat Rale$ Actounts pr8p•r8tty Ir $upport 9.922 26,649 2,176 8,497 4,086 8.664 8,640 4,774 5,448 1,612 21.920 9,922 26,649 2,178 8,497 4,086 3,140 3,140 4,350 1,250 3.284 3.031 1,250 3,284 3,031 8,640 4.774 5,448 1,812 21,920 1,484 275 1,243 1,484 275 1,243 560 3.928 3,928 Ind•pendent E¥amin8f8 sc#J T￿Ste&S fees- t¢¢kkpin 8,952 6,952 4,230 4.230 102,588 7,792 110,380 22,54S 4,730 27,275 Analysed 88 Charitabl8 activl'e6 102,588 7,7W2 110,380 22,545 4.730 27,275 A￿OuntS prepsralion includ05 fee5 payablo to the Ind8pendenl Examinor lor lh8 preparqtion of th8 8tatutory 8wounts of £1,58012027 - £7601. N•t m•v•m•nt In fund8 2022 2021 Nat m￿M￿nI In frJnds18 6taled ftft8r ¢harglwll¢redlln91 Dfjprg¢lation of owned tanolU fixed a$sets 9,922 3,140 Tru5ts•5 The fdlovlng tNstees rerelved rvmtjneration from the charfty during the year. Sen81 Go￿nd- L*)okkeeplng £6.952 No oY)er tru5tee5 lor any person8 conned6d wrth them) received any remuner8Uon or b￿efits frorn the ch8rity during Ihe year. No tnJst6es' 6xpenses were paid during Ihe ￿r. nordurtw the previousyear. 13-

LEARNING SPACE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 10 Employ••s The average monthly number of employÈ¥5 during the year wa$.. 2022 Numb•r 2021 NuM￿r 30 Employmont oosts 2022 2021 Wagos and salaries $oLagl security costs Other pension costs 844,652 47,317 11,094 313,366 18,348 3,624 703,083 335,338 T}￿were no •mployee5 whose annual rernuneratlon wa$ moro than £eo.000. 11 Tanglbh flx•d a$￿ts L••$ah•ld Comput•rn & Impr•¥•m•nts T•tsl •q¥lpm•nt At 1 Aprtl 2021 Additions 30.679 552 30,679 29,513 28,981 At 31 Marth 2￿22 28.S81 31,231 D•pr•olallon and ImpAlmipnt At 1 ApAI 2021 Depreu81on thftrg•d In the year 71.445 5.783 11,445 9,922 4.139 At 31 Mar¢h 2022 4.139 17.226 21,367 Carrylng •mount At 31 Marth 2022 24,822 14,003 38,825 At 31 March 2021 19,234 19.234 12 DobtOTS 2022 2021 Amounts f4111ng du• within •n• yoar: Trade debtors Other dèbtors Prepayments and acc¥ued InC￿e 35,299 3.185 6.428 525 41.574 68,993 48,527 t4-

LEARNING SPACE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 13 Crgditorn: amounts frlling du• withln on• y•ar 2022 2021 Nots$ Other taxation and SO￿81 serJJrity Deferred income Trade ¢redilors Other creditors Acrruals 31,079 24.172 14 7,278 9,983 2,505 4,784 4,428 2.795 28,881 62.472 14 D•f•Tr#d Inoom• 2022 2021 Arlslng from Fee5 re￿1Vd in adv8n 7,278 24,172 Defarred incomels included In th• fin8nd&l 5181omenls a$ to11r￿S.. 2022 2021 D¢lerred Inc<Jmo is Indudtsd %thtNn.' CuTrent liabi11ti8$ 7,278 24.172 M0￿mentS In Iha yeÈr. Deferrod In￿[DO at 1 Aprfl 2021 Rleased fr¢m previous k)eriod5 Res¢)urces deferred in Ihe year 24,172 124,1721 7,276 20,417 120,4171 24.172 Dohrred InDJme at 31 March 2022 7,278 24,172 15 R•strfjol•d fund¥ Th8 Income fijnds ofth8 charity indud& ￿$triCted fvnds comprSslng tho folltiwiThJ unexpen(kd bal8n¢os ofdonauons and wants held on trust for 8pec4fiG purposes.. lJlov•m•nt In funds In•amlno MSQUto•8 l Aprll 2021 Mov•m•nt In lunds l APFII 2020 Ye8our¢•5 31 M4r¢h 204 Resln"ded tund 31,977 31,911 31,911 15-

LEARNING SPACE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 PIIARCH 2022 18 AFtHlysls ol net as$•ts b•tsw4n funds Unr•strlat•d R•striatsd funds funds 2022 2022 Total Unrestricted lund5 2021 R8slri¢ted fiJnd5 Totsl 2022 2021 Fund bBTance5 at 31 Martj) 2022 are represented by. Tangible assets Current 85seisllliabllrtS0$1 38.825 197,335 38,825 229,246 19,234 146,252 19,234 180,163 31,911 31,911 236,180 31.911 268,071 167,486 31,911 199.397 17 Op•r*ting lease ¢ommltmgnts At the reporting end date tha chsrfty h8d out5tsnding commitrn•nts for fvtur8 mlnlmum leaso p8ym•nts under rnn- ¢oncellbbl8 operntsng1885e5, whlch fall du6 as follow8.. 2022 2021 WILhin ong year 8elW86n hvo and years In over five y6•rs 12,5Q) 50,000 18.750 81.250 18 R•lAt•d paty trAn￿#t10Th¥ There were no dlsd068bl¢ rolaled party transadons durfng thè year12021- nom). 1fj-