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2024-03-31-accounts

CORAM LIFE EDUCATION HILLINGDON LIMITED

(A Company limited by guarantee)

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REPORT AND FINANCIAL STATEMENTS
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FOR THE YEAR ENDED 31 MARCH 2024

CHARITY NO: 1068047

COMPANY REGISTERED IN ENGLAND NO: 3494207

CORAM LIFE EDUCATION HILLINGDON LIMITED

LEGAL AND ADMINISTRATIVE INFORMATION

Status

The organisation is a charitable company limited by guarantee, incorporated on 16th January 1998 and registered as a charity on 11th February 1998.

The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. Under the Articles, one-third of the trustees retire by rotation at the AGM and are able to offer themselves for re-election.

Directors and Trustees

The directors of the charitable company ("the charity") are its trustees for the purpose of charity law and throughout the report are collectably referred to as the trustees.

The trustees serving during the year were as follows:

Trustees

John Connolly Nicholas Smith Colin Turfus (Company Secretary) Derek Johnson (Treasurer) Kevin Mullally Gillian Pearce Liz Wakling Susan Constant Chair Kevin Dupree

Registered Office

Unit 301, Chimes Shopping Centre, Uxbridge, UB8 1GD

Accountants

Lewis Associates, Chartered Certified Accountants 75 Coniston Gardens London NW9 0BA

Bankers

Barclays UK PLC Leicester LE87 2BB

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CORAM LIFE EDUCATION HILLINGDON LIMITED

Report of the trustees for the year ended 31 March 2024

The trustees are pleased to present their report together with the financial statements of the charity for the year ended 31st March 2024

Legal and administrative information set out on page 2 forms part of this report. The financial statements comply with current statutory requirements, the Memorandum and Articles of Association and the Statement of Recommended Practice - Accounting and Reporting by Charities.

Objects of the Charity

The objects of the charity are to advance the education of children and young people particularly in respect of the damages of drugs and addictive materials and substances. Primarily teaching is provided by specially trained Educators, through skills development, interactive participation, with the assistance of a range of audio visual material and publications and by using any other means of dissemination and communication of educational material and information primarily in the London Borough of Hillingdon.

Organisation

A board of trustees currently of nine members, who meet quarterly, administers the charity.

Investment powers

Under the Memorandum and Articles of Association, the charity has the power to make any investment as the trustees see fit.

Review of Activities and Future Developments

2023/2024 has been a challenging financial year as charities are still being impacted by the impacts of Covid 19. Our customers, the Schools have had financial cutbacks, resulting reduced bookings from Schools. Due to this Sarah and Karen started completing some work for CLE and we invoiced CLEfor hours completed As insufficient bookings continued we operated a voluntary wage reduction programme for a few months we educator days reducing from 3 to 2 days. We were sorry to see Karen resign from us in October 2023 and thankful for her input over a difficult period.

As a result of a program of intense effort by Kay and Sarah, the financial situation of CLEH is much improved and bookings are Sarah and Kay both took part in the informative talksat Juniior Citizens to numerous Year 5 children at Brunel University, promo online safety. This raised the profile of CLEH to schools in Hillingdon. Lots of positive feedback received

This year to date Sarah and Kay have visited over 9,000 children with all (Core, RSE and KS1 Mental Wellbeing) workshops. There have also been several pilots for KS2 Mental Wellbeing Workshops and Sarah is ready to confidently roll these out on ge in the next academic year. St. Laurence at Cowley and Belmore were very helpful in allowing them to ‘practice’ with their willing KS2 ch All were very well received.

Statement of Public Benefit

The aims of Coram Life Education Hillingdon Limited are to advance the education of children and young people, particularly in respect of the damaging effects of drugs and addictive materials and substances. Teaching is provided by specially trained Educators, using interactive teaching methods.

Ensuring our work delivers our aims

The aims and objectives for Coram Life Education Hillingdon Limited are set out above and are reviewed at the direction of the trustees, subject to our licence and when activities are changed. We refer to the guidance contained in the Charity Commission's documents on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.

How our activities deliver public benefit

Our service is available to all primary school children in the London Borough of Hillingdon and in surrounding boroughs and adjoining educational authorities. We believe that by offering our service, Coram Life Education Hillingdon Limited gives young local people the chance to learn in a structured way so that they can make informed choices. This has had a positive effect locally and we continually evaluate the effectiveness of our service.

During the last financial year we have continued to extend our service to support parents and carers.

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CORAM LIFE EDUCATION HILLINGDON LIMITED

Report of the trustees for the year ended 31 March 2024 (continued)

Trustee's responsibilities in relation to the financial statements

Company law requires the trustees to prepare financial statements that give a true and fair view of the state of affairs of the charity at the end of the financial year and of its surplus or deficit for the financial year. In doing so the trustees are required to:

The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply with the Companies Act 2006. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

By order of the trustees:

Nicholas Smith

…………………………..

Nicholas Smith Vice-Chair of Trustees

9th July 2024

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ACCOUNTANTS REPORT TO THE DIRECTORS ON THE UNAUDITED ACCOUNTS

OF CORAM LIFE EDUCATION HILLINGDON LIMITED

You are responsible for the preparation of the accounts for the year ended 31 March 2024 set out on pages 5 to 8, and you consider that the company is exempt from an audit under the provisions of Section 477(1) of the Companies Act 2006. In accordance with your instructions, we have compiled these unaudited accounts to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Lewis Associates

……………………………………..

Lewis Associates Chartered Certified Accountants 75 Coniston Gardens London NW9 0BA

9th July 2024

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CORAM LIFE EDUCATION HILLINGDON LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (including Income and Expenditure Account) for the year ended 31st March 2024

Unrestricted Restricted Total Total
Funds Funds Funds Funds
2022/23 2022/23
Incoming resources £ £ £ £
School fees 41,635 41,635 30,532
School Fees (Debtors who paid after 1/4/24) 7,733 7,733 2,455
Fundraising 1,557 1,557 2,345
Profit on sale Harold books 0 0 22
Bank Interest 171 171 32
Donations 1,000 1,000 0
Branch work for Coram 5,035 0 5,035 231
Total incoming resources
Resources expended
Salaries, tax and NI and pensions
Educator travel
DBS
Legal and professional fees
Software
Life Education licence fee
Training expenses
Insurance
Recruitment
IT sundries
Depreciation
Carry bags
Display board
Classroom expenses
Printing
Phone card
Zoom Licence
Conference
Write-off of Workbooks
Cover from Coram
Total resources expended
Net incoming resources for the year
Balance brought forward 1 April 2023
Funds balance carried forward
31-Mar-24		 57,131
0
36,121
0
175
31
139
76
7,420
90
0
836
0
0
0
798
0
0
0
157
157
100
70
144
0
320
0
46,634
0
10,497
0
22,369
32,866
0		 57,131
35,617
36,121
38,590
175
143
31
61
139
488
76
518
7,420
8,597
90
6,074
836
1,107
0
476
0
316
798
860
0
388
157
0
157
533
100
232
70
144
144
0
220
320
0
538
46,634
59,285
10,497
-23,668
22,369
46,037
32,866
22,369		 35,617
38,590
143
61
488
518
8,597
6,074
1,107
476
316
860
388
0
533
232
144
220
538
59,285
22,369

The statement of financial activities indicates all gains and losses recognised in the year. All incoming resources and resources expended derive from continuing activities.

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CORAM LIFE EDUCATION HILLINGDON LIMITED BALANCE SHEET AS AT 31 MARCH 2024

Note
Fixed Assets
Tangible fixed assets
4
Current Assets
Current account 3490
BACS payments 8799
Stock
5
Debtors
7
Less Current Liabilities
Creditors
Net Assets		 2023/24
£
1,621
1,867
21,645
-
7,733
32,866		 2022/23
£
2,419
2,083
15,092
320
2,455
-		 2022/23
£
2,419
2,083
15,092
320
2,455
-
-
7,733
32,866 22,369
Funds
Unrestricted funds
General purpose funds
Restricted funds		 2022/23
£
22,369
0
22,369		 2022/23
£
22,369
0
22,369
2023/24
£
32,866
0
32,866

For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors ' responsibilities:

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS102.

Approved by the Board on 9th July 2024 and signed on its behalf by:-

Nicholas Smith

…………………………….. Nicholas Smith Vice-Chair of Trustees

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CORAM LIFE EDUCATION HILLINGDON LIMITED

NOTES FORMING PART OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting Policies

(a) Basis of preparation of accounts

These accounts have been prepared under the historical cost convention with items recognised at cost or transactions value unless otherwise stated in relevant notes to these accounts.

The accounts have been prepared in accordance with:

The charity constitutes a pubic benfit entity as defined by FRS 102

(b) Grants are recognised in full in the Statement of Financial Activities in the year in which they are receivable.

(c) Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered.

(d) Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds.

(e) Designated funds are unrestricted funds earmarked by the management committee for particular purposes.

(f) Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund, together with a fair allocation of management and support costs.

2 Trustees' Remuneration

No remuneration directly or indirectly out of the charity was paid or payable for the period to any trustee or any person or persons known to be connected with any of them in attendance of meetings or functions.

3 Taxation

The charitable company is exempt from corporation tax on its charitable activities.

4 Tangible Fixed Assets Equipment
£ £
Cost
Balance Brought Forward 1 April 2023 2,419
total 2,419
Depreciation
Charge for the year 798
Net Book Value
As at 31 March 2024 1,621

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CORAM LIFE EDUCATION HILLINGDON LIMITED

NOTES FORMING PART OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024 (continued)

2023/24
5
Stock
£
Books
nil		 2022/23
£
320

6 Reserves Policy

Coram Life Education Hillingdon aims to maintain a minimum level of reserves as required in order to ensure prudence in its financial management. The reserves policy aims to provide working capital to cover operational costs for six months. The reserves also cover salary costs for key staff members of staff, for a period of six months. The free reserves required to achieve this objective total is estimated to be £25,000. This figure acknowledges that income will continue to be generated during any period where a given contract is being reduced or discontinued. The total level of reserves may vary, dependent on Coram Life Education Hillingdon's operational budget. The current level of free reserves is just short of the reserve policy set out.

7 Debtors
Schools visited before 1st April 2024 but paid after
coteford £563.00
frithwood £1,875.00
grange park £1,125.00
hillside £520.00
minet £1,500.00
robertswood £650.00
whiteheath £1,500.00
total £7,733.00

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