Charlty r•glstratlofi number 1069993 Company r•gl$trntlon numbèr 03487635 (England and Wales) SKILLS FOR PEOPLE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 SKILLS FOR PEOPLE LEGAL ANDADMINISTRATIVE INFORMATION TnMt••8 J Whaley G Atwal-churchby S Wcx>sey A Dagg S Halpln 8•cretary E Wright Charfty number 1089993 Company number 03487635 Inclpal iddr•s• 4 Glendalo Terrai* Byk8r Newcaslle upon Tyne Tyna end Wear NE8 1PB K•y m•nag•m•trt p•r•onn E Wrlght - CNel Executive N Ball - Deputy Chlof EMif.Lrtlve K Chaplln - Deputy Chl•f Exacuttva L Cottrell - Operalk>nal Sp8clalisl Finon¢o •nnd Operatlonl ￿r•cloT to 30 May 2023 10 30 June 2023 Irom 4 Sapiember 2023 Audilor Roboon Laldlar Accounlentj Llmlted Fernwood House Femwood Road J•smond Newcasllo upon Tyne Tyne ond Woar Engla￿1 NE2 1TJ Bankol Unbty Trust Bank 4 8rlndl•y Placo 81m￿nghaM 812J8 SKILLS FOR PEOPLE CONTENTS P490 Twileés, rerx)rt Indepondenl audltofs roport Statement of finoncial 8dvlilo8 10-11 Bal8nco shéet 12 Statement of ¢88h IIow8 13 NolOB b) the flnandal ¥lalomonts 14-22 SKILLS FOR PEOPLE TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The Irusl8es prosgnl their annual ￿pOrt and nnan¢lal statom8nt8 for the yoar 8nd8d 31 Maych 2024, The fln8nc1818laloments havg been prepared in a¢¢ordanc8 wlth the 8ccounling pollcles sel out In not¢ 1 to Ihe financlal s1alemnnt￿ and comply vjllh Ihe ch8vrtYs gov¢mln9 docurnenl, the Cotnpanles Aol 2006 and 'Accounilrb9 and Roporlino by CharlUe$.' Statement of Recommendod Practlce appIl￿ble to charlties preparhng ttieir arLnunls In acc.ordanc4 wllh the Financial Rèportlng Standard appllcable In the UK and Republ1¢ of Ireland (FRS 102). loffocllve l January 2019). Oblectlv•s and aetlvnl•A The Iruslees Navo pald due f8gard to guidancts) i88ued by thg ¢horfty Commls81on In deciding that actfvitie8 the arily should Imdertaka. Our purpose Is to enabla disabled pèople and thoif f8mlI￿$ lo lead fulfilllng and Independent lives, lo be héallhy and salo. lo exefclse choice and Gonlfol over the 8&rvK48 which affecl their livos. lo be strI￿)g, ￿)nfKI￿nI and abl8 10 Ip&ak up lor themselves and to ovorcome the dally challergo$ they lace. In puislil ol our purpose, we offer a rangè of s8rvThs and activities Ih&t halp disabt8d and dlsablèd peoplo 10 develop greater ieslllence, lTrdopgnd0n￿, confldence, w8llbging and kffluenc*. Much ol ow Wa￿ supports peopl who h8Vg 81oamlng disabllity. aulislic peopl8, and th8lr families. Atiiville$ Indude Inform8Uon, gukt8n¢o and support lo ensure Ihg rlghts of dIsat￿ed people and thelr f8milieB aro prcknded, end that they get tho hfjlp they need Lo16ad lulfillod, ho81￿Y Ilvw, Wellbelng.. We off6r a i>Jmpreh&nsive hoalth end wellbelng qducailon proorammo for people ￿1b a leamlng disBbllity, offgriw educatlon and support to help people Iivo a healthy Ilfe. A rang8 of groups offer heallhy adivlty and fri8nd$hlp each week, Learning Dl$ablllty Cornmunlty Link Workérs work local GP8 to holp pBllents who have a l•affling di$abillly make the connections Ihey need 10 malnt41n good health. SoclBI Indusion 4nd Frléndshlp: We lun a rBnge Df soclal and In￿dshIP groups for p(￿[￿￿ wllh a18amlno di8abiliiy and aubslic people, which èlm to reduce 80¢181 isolatlon and lonellness. Informatlon and 8UPPOrt help8 people to connocl with peopl8, plaeès, and acilvitles within Ihelr communitlO8, Sell Advocacy.. We supporl pèople who have a leornlnR dl8ablhty to bulld Ihelr confldgnce Ihrough 'Spe8klng Up Groups,, 8nd shftifi Ih8ir vlewg, Suppoil for larnlly carers: Adv￿e, inlomation and tralnlng IS proirided for f8mlHÈ8 of disabled chlklr6n. An ￿lIne pool support group roathos woll over 5000 membors. Casy Infom811on Sorvic8.' producing a¢¢e8slble InformatloTh for pooplo wlth a le8mlng disabillty ben•fitlro hundrads of p6opte each ye8T. - Voic&', We support dSsabled pgopl8 lo becomè mor8 conlldenl to gpeak up. and lo Inflbence Ihefr local comffthjnlty, health and care sorYlce8, through taking on roles 8s expert advisors, leadefs. and Irainlng health 8nd care 8laff. Quality ChoGkar¥,' a le8m of peopl8 who hav8 a leamlng dlsablllty cre81ed thls proj8¢1 which ¢he¢ks ihat heallh arKI soci81 caro $8rviCèS offer good support for p¥ople havfr a loamlng disability. Tho i(k>8 h88 spread across the ¢ryJnlry and 1$ now u88d acro68 many hgallh and s￿la1 cara $ervl¢es. SKILLS FOR PEOPLE TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Th• outcomeo of our work Indudoo: - Improvem8nt¥ in heallh and wellbelng thrtyJgh programm68 of health educ8Uon. healthy aGlivitras and (TrnfrlTron 8UPPOrt. - A reduclion in social IBolBticm.' pbopl8 aro lupportod to galn frlonds, enloy soc181 aGtlvllle9 8nd to play An •div• ro In Ihaif communlties. - Tho 0dve gngagomonl of dl$abled p&ople and thelr lamllles In shaplng and Improvlng Icul seryt￿8, - kn In¢rng8od und8rstandlng among people who support dlsabled people and thelr famllles. 8nd the publ￿. I￿0￿11Y of Ilfo 18 improved by 8UPFKlrtSng people to understand Ihelr r￿hts, to access 8orvk88, 8nd lo 1801 mor• confident In voiclw thoir neadj. Publ1¢ benelll The trujlees eonflmi that Ihey h8ve complled wlth the requlroments of 4 of the Charltle8 2011 to havo dug regard to Ilk? public benèfil guSdanc• publlshed by the Ch&rity Commi8Blon lor England and Walgl. Achhv•monts and p•rf¢Kmane• The organisallon work8d across th8 North Ea81 and North Cumbrla, primarfly In Tyn6slde and Tee881de. Some ol tho hlthllght• of ye8r are 98t out balow Our WO￿ b6neffted around 5000 people: both dl8abled peoplo and famlly carer& Around 4000 dlsabled people 8nd lamlly car8r8 wfrre 8UPPOrted by Sk1118 lor Peopl6 Ovor %KJO peoplo re4xlved InlonT￿￿On or ￿pPort vla soc181 m6dla 300 woro Involved In 8haplng. Infiuenclng arKI Improvlng he81th And eare J8Nbcé1 Around 1700 r￿1Ved one-l0￿￿8 4dvic•, InformallDn or 9uld8nce ab)ut their situalhDn.' h8allh, fln8ncg, bgn8frt8, houBinq. and $èNlc•$,' or 8UPPOrt to connect wllh people. plac98 and acllvltig& In thotr ommun￿93. A samplo ol people 8UPPOrtod by Communlty Connectors Showod that 90% f911 moro Ind8perKJgnl, 79% f911 they had more frlond8 and allSe8, vAlh 72% 808lw an Improvamant In thetr phy￿¢￿1 hellh and 63% ropordng bellw m•ntal haolth. The oraanlsatlon celebr8ted Its 40th blrfhday at tho end of tho yoar wllh on awar(li cereTrNXry Io c*lebrale ev8ry0Tr8 has conlrlbuted to our suoco8s. 86lrvJ wlth poople, tr)8ndshlp and relauonshlps aro cor8 to muth of our wryK' connectlng peopl6 wlth plac•8 aThJ people where they Ilve, 8nd 8UPPOrtlng people bg logelher moan$ Ihal they are leB8 isol•lodfvulnpr8ble and ihelr m8nlal and phy8lcal health beneflts. Over 300 peoplg rggularfy altgnded a soc181 group or èctlvlty. More of our acllvlties h8ve been ouldoors.. wBlklng grt)upB. oardening groups, and le8rnlng about ihe planol. People make TrSend8 and enjoy th8 benollts of naluro. ID Rodcar and Cleveland, poople who have a168mlng dl8ablllty 8UPPOrt 38 Safe H8¢6$. Th•s• •rn ordlnary places Ilke shop&. wd publlc bulldlngl whore anyono can gol Support If they foel unJ81g or unwoN wh•n Ihgy are out and about. 450 people leamed how to be healthy through our health edLtutlon prts3r8mmes. or attonded healthy act[V￿￿É through FxDgramme8 Covoring mlndlulno83, r8latbn8hW8, bèreavemènt, relatlon8hlp&. 58xual health, tsncer, dlab6tès, heahhy eallng and cooknng. 100% ot the people 8urveyod 981d thelr rnantal health hod Improved, and 91°h f911 thelr physlcal health was bottor. 71 % fdl more Included in thelr community, and 75% fen more indepèndenl. 82% of Ihose attending Love Lme proorammé lelt more confidenl 8bout thelr saxval health. AroLmd 1400 f8mHles of dlsabled chlldffjn rocolved support. Famlly carers att8nd8d courses to lewn about p)slllve beh8vkJural support end KeYwo￿erS provlded support for young pooplg are autlsllc. or have a Igaming dIsg￿.11tY, who lace adrnls6lon to ho¥pStal thje to thelr mental ￿alth. and Ih8lr farnllles. (￿ar 300 peopl& have been 8UPPOrted to ghare Ihelr idg88 about their live8 and how hx81 heallh. cara and (rther 8oryire8 might Impro￿ for poople who have a leainlrig d#sabS1ity ￿ 8rg audellc, SKILLS FOR PEOPLE TRUSTEES, REPORT {INCLUDING DIRECTOR'S REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Over 80 membern of sem advocacy Ispeaklng up) group81gamed aboul Ihelr rlghls and how to speak up. Groups Include.. Geordie V￿¢?6. Mgn ol Ihv North, Goordio Mums and Womons Zom and Independent Vdcos in Red¢ar and Clevel8Dd. Qu&llty Checkftr$. an hdea al Skllls foT People ¢r8aled wlth peoplo who have 8 leorning disabmity is now national phenomgnon. The team conllnuo to Chèck Ihal h08tth and care servlces ￿91 tho n90d8 L>f poople who havo a leamln9 dlsablllty. Thls year IhBy ¢onlinued to train new Quallty Checkers. and workéd wlth NHS England's North Ealt and Cumbrta Loarnlng Dlaabllrty N8bNork to c￿ale nNxe toolki16 lo chad( NPk8 T&onlng programmes. Oliver McGowan Mandatory TrHlnlng; Followlng tho tragic and unneces80ry death ol Ollver, hls molher anl others su¢c8#81ully campalgned tr8lnlng lo bg¢Dm• ¢ompul80ry for anyong worklng W•ilh aulistic peopl• and people who have 8 leaining disability Skllls fcK Peoplè ig 8 foundor member of Ihe Good Llle CollabLYallve, 8 gioup of Ilke rn1nd￿ cnmmunlty vrganl•8tlond. Togother w8 hove been dellvfflTlng th1• ImForlant lrnlnlr*J in the North East and Cumbrla. The E••y Inft+ $eryl¢e C￿tIftU8d lo ernAto accesslble infOrma￿On {'ea8yrnad' docum8nts and 8hort fllmsl to help C￿nd1& heatth profosslon31s, eA>lleges and olher oroBn18etions lo communlcale tholr r￿$$￿3e, partlcularly lo people with aloaming dls8billty. In Ilno With thé Accesslble IDforn)allon St8ndÉrd. Fln4nGW rnvl•w Tho Statement ol Flnanelal A¢tivltle8 Bhow8 a 8urplus lor tho year of £28,731 (a deficlt of £110.027 In 2023). The ￿rp￿$ In unrnstricted fuThls Is £59.3301£66,809 In the prthrfou8 yoar). There has bèan on Inuea&6 In Income Iwom £1,068,287 to £1,366,717. The Inc¥oos0 was laruely due io aTh Incrnase In contract Income fiom st8tutory bod1￿, Ilke ¢oundl$ and the health ser4K•, Thore wa8 a reduclk)n in granlj, larg8ty thos¢ from Iheso statutory bodles. Expendllurè Increaged from £1,168.314 to £1.327,986 wlth dlrect th1$ (waoeg and Bervlce ddlvery co•16 Incrna$• due lo the Incrfjase In dolfvery of 8ervlryj￿prob￿¢ts, Othor ¢08ls remaln consi818nl lo prevlou8 y•qrn and Mpectatlon The In•oleg$ looked at roBtrlctgd fvnd b818nco8 durirvJ yoif and ensured that thme balances havo b•on Ipenl In accoldonco wlth the donors. requlromonts, At 31 Morch 2024. thÈ$fr re￿r￿1￿ resoTve& slood at £0 (2023 £30,599). The bolenco ohe•t mmalr4 he811hy, ￿ an Increa88 of fund& £874.63710 £903.368. R•••rv Unroslrkled fvrKts sland al £903,368 whlch £441,510 12023,. £385,681> 18 ¢1488ed as freo reseN68. Almosl all restrfGlod I￿￿8 wwe spqnt in 2023r2024 flna￿al yaar. The calcul￿0￿ ol re80Nw l• b89ed on Iho definllion Includod In the charlty Statement for recomrn•nded pr8cOc8 (SORP) whlch provlde8 rorommendatlong for accountlng and reportlng for charlties. The Irusloos have examSned thé rgqulremenls of the ch8rilable compBny to hold ts88 r88erve8 . th08e io8erve$ not Inv661ed In tsnglble flxed 06Gels, oxcludlng long torm liabilitles. or deslgnalod lor a partlcular purpo88. Thi8 exerclge consldor•d - Iden1ificatbn and p18nnlng for tho ffl8intenanr* of 888ontlal sorviw for benef￿,￿rIal. - Tlie rlsks of unF48nned closure. 8Pgrnllng cornmltrnen18, POt8nll81 Ilab1111108 6n(I fln8nci81 fowasL8'. and - The rfsk8 of un>q8nned ckisuro on their benpflciarles (In partlcular, vulnei8blo b8n9liGiarl￿), staff and volunte•r•. - Th8 challeng95 fa￿d by Lhe chaTiIy 8OGtor In the currenl financlal dlmst8. Golng ¢onc•rn The Iruslees hav8 pr8pared a budgol and cashllow for8¢a&l and have concluded Ihal he charlty c(>nUnuos to be a going wncern for Iho fore8&88bl• lulure. On Ihal b8&Ss Ih&y have conlinu8d lo adopl tho golng Cor￿rn ba6',s vthon prèparfng the finan4ial $latery￿ts. SKILLS FOR PEOPLE TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 P14n• for futuro perlod• The BoArd has leken pracauuong lo ensure Ihat the organiF*•lion IN su8tAinabl8. The Board and the staff team manage budgets closely. The Board plans lo 5ocuro Ihp fvturg of the organi$allon through carelul flnandal manaoemenl, and r8Islng In￿me through a dtvers6 rang8 of conlrarts, gr8nls and sa16s. Wo wlll contvbue to provlde and Oulld on th6 $uc¢eg$fiJl pn)grammg6 da8¢rIb￿ Oarlior In Ihls r•port. whkh wlll ￿¥blO x¢e6S to new sources of Income. Structur•. gov6man¢e find managemont Skills for People Is a company Ilmltsd by guarant80. nol havlng ih8r• cspllAI, and Is thereforo govèrned by a memorandum and 8rtlcle& ol a6soGlatlon. Every m8mbor of th• Gompony ￿dertakeS to contrlbut• to thg as59ts If ihe ¢)ompany Is wund up helshe IB p rnembor or wlthln on? year ol c688lng lo ba a rnembor. juch onvJunt a• rnay be requlred not exceedlnq £1. The rA)mpany l• a rogiBtorod charlly numb8r 1069993. The trusiees, 4th0 are also Ihe dlrectorB for tho pu￿08¢ of Mmpany law. and who 8Ofvod durlng tho year arKI up to the date o151gnaturn ol thg1)n8nclal $tatoment8 wor•: J Imaley G knal-churthley S W0068y AD&gg S Holpln Tho dlrector8 01 tho company aro aljo charlty tru8too8 lor the purposes of charlty Igw and undoT the compan*B 8rtlclo8 are knovm a8 dlroctDrs. UrKlgr thg rgquir8m6nts of the M8mor8ndum and Artlcle8 ol A880¢i8llon one third of dlr6Glors feUfe by rotallon evory year and cvjn offor ih8m$•lv68 rfrelectlon. The Board can also ry)-opI direclorB to Joln them unlll Ihe noxt AGM, The charlty on8vre8 that a r8nge ol skllls are represented on the Board IbuBlno88. Ilnanclal, oduc8Oonal and managomntl. Eftort¥ ar• rn8deJ lo rerxull Bo&rd Member8 vtho poMo•1 skimi whkh Ihe organlsatlon rgquires and mgmbgr¥hlp Is kept unijer revlew by the Board, SKills for Pwple has a Bo8rd whlch mg9ts at18ast 4 Ilme8 a year. The Board momber6 8re lrnstag8 of the charlly. and diiectors of the company. Thgy are legally re8pon8lble fcK the org8n16allon. The Boord 18 respon8ible lor the straleglc dlrectlon of tho orgonS801ion. A schème ol d61egaUon Is In plKe ond day to doy. RoJpon8lkAISty for the runnlng of tho organlsotion rests wllh the Chk*f Executlve (CEO}. She Is responslbfe for ensurtng the ch8rfty ddiva tho $olVICé8 8pedfled and lor m•8tlng koy ￿rfornIanc0 larg613. She a160 has respon8Sblllly lor making 8ufe thot staff and voluntger¥ afe wofi 8UPPOrtod. Momborn of iho Board, the CEO and the D8puiy CEO meet al olhor Ilme8 durlftg the year, In smaller 8trat6gl¢ group8. In ordoT to gukle and overneo bu8lnes8 managomenl ol lh• organl88t1￿. Durlng thls year, thg organ18ation crnat8d in advlsory group made up ol local di￿blad p8cWé. I'solf Adv(xat Board,) who advlBg tho Board on matter8 ol Importanc8 for dlsabled pooplg. Now board mombarn aro made aware of.. - thg obligation8 of Ihe dSrectorgAru8teeJ - the maln documénts which sèt out Iho oporalk)nal frameworf( for tho ¢harity r8sour¢ing and th• current Ilnandal posltlon - future plan8 and obloCtlve8 A handb¢)ok18 provlded lo Board membèr8 and tralnlna provlded as requlred. SKILLS FOR PEOPLE TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Key managemont remuneratlon The boaid meThbars alve Ihoir lirng freely. No trustees received rèmun6r8tion in Ihe year. Tho board has ODnsidered wP)o tho key management personnol of tho charl￿ble wmpany. Togolher with the board. Ihesa staff aro ihose In tharge of diracllng 8nd ¢￿trOlling. funning and opera1ing tho activiti&s of the charfy cw) o day lo day ba$l6. Tho pay of the key managÉménl personnel 18 revlewed annually. Iha IruslÉ6s benchmark aoalnst pay levels of other charllies and similar organi&albOfiS wllhin the 8èclor and the region. Pay levels are sol using Ihls informalton tog8ih8r wllh budget and furecasl Information, ensuring thal the chanlablo cornpany can affc*o any proposed increases. Rllk management Tho Board has cunducled a raviow of the ffla￿r d8k8 to which the (￿anISatIon18 expos￿. Th18 a88e88menl ol r18k is rO￿6w¢d and updated at lo¥st annually. Whèr8 appropnatg. sysleffls and procodures have beon established to mibgal8 risks. Inlemal control risks ar8 mlnlmls•d by the imploméntalion of robust pol￿.b￿S 8nd procèdures whlch sal8guard the resources and rewtatyon of th• organlsaiion. A key olomanl In Ihe manag8m8nl of flnanclal rlsk 1$ the gettlng of a Ro88rvo8 PvliL'y and Its regular wovlgw by director8ltru¥teé8. Aside Irom buildin9 8 prud8nl 18val of r•$ery8s 8nd mainlaining the level of working capltal. Ihgre ate limrtod lunds for long ierm invg8lmenl. st•tém•nt ol tru•t•••' r•8pon•lbllltl•J The Irusle8s, who are also Ihe dlrectors of Skills For Pé IISAS IVK)} and appllcAbla law, Our respofislbllltl05 und&r Ihose slandards are ftjrlhor descrlb8d in th8 Audllors o8pon.$ibilitie.s for tlje 8udll ol the fin8nc181 statern6ntS 40rlion of our report. We arg indep8ndenl of the charlly in accordance wSlh tho olhlcel rwulremenls thal relgvanl lo our audll ol thg flnancial stal8m8nl$ in the UK, Including the kRC's Eihi¢al Slandard, and we h8v8 fulfilled ¢)ur other ethlcal reGpon8lblllll8$ In 8cwrdbnc¥ wilh Ih686 requirements. Wo bell8¥0 thal tho 8udlt evldenca wg have obtained Is sufflclent and appmprlate to provide a basls for our opinlon. Concluslons r•latlng to golno c4)nceffn In audltlno the financlal slaletngnis, we havo concluded that th• Irusto99' use ol the golno contt•m basis of aTrxunllng in preparallon o( the finAnelal 8tatgmonlg1g appmprfale. Ba8ed on the woth we havo pyrformed, we have not Identffigd any rnalerl81 unc8rtainllos rglallng to evenl8 or condltlon8 that. Indlvlduglly or collectively, may caBI signific8nt doubt on the ¢h8rlty'S abllily lo conlinue as a going concern for 8 perfod of al lèa$1 rw8fve rMnlh& from whan lh6 fin8nd81 stalomonls are aulhorised loi iBsu¢, Jr responslbilillos and tho 1ospon¥lbllllL88 of the trust￿9 wlth reeport to golng concom are descdbed In the rolovant secllons of thls feport. Tr8n8far8 between funds (7,281} 7,261 Net mov•m•nl In fvnd• 69,330 130,599} 28.731 1110.0271 ReconcNlatlon ol fvnd•: Fund b&lance8 al l ApTSI 2023 844.038 30,599 874,637 984,064 Fund bal•nM• at 31 March 2024 903.388 903,388 874,637 The 8tal6ment of flnandal acti￿1106 Indudp$ 411 galn$ ond108ges rècognlsed In Ihe y&8r. Al inttome and eXporKI￿r9 derlve ftom oontlnulng actOvltle$. 10- SKILLS FOR PEOPLE STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Prlor fln•n¢lal y•ar Unr•8trlctéd fundi 2023 R••trict•d funds 2023 Tot•1 2023 Not•¥ In￿m¥ from: Donat'.ons 8nd18gaclo Charllablo acllvltlé6 Olher tradlng acllvlUe8 In¥e61ments 108.506 833.687 71.750 1.919 41.990 435 150,496 834,122 71.750 1.919 Total In¢om• 1,015,862 42,425 1.058,287 Exp•ndliura on.. chariw￿0 actlvttto8 949,053 219.261 1.168.314 Totsl •xpendltur• 949,053 219,261 1,168,314 t Incom•l(•xpondltur•l •nd mov•m•nt In fund• 86.809 1176.8361 1110,027) R•c•nclll•llon of fund8', FurKI bolance8 811 AprK 2022 777.229 207,435 984.684 Fund bBl¥n¢a• at 31 March 202J 844,038 30.599 8T4,837 11 SKILLS FOR PEOPLE BALANCE SHEEr AS AT31 MARCH 2024 2024 2023 Not•¥ Flxod ￿•t Tangible oSS8ts 10 461,858 478.357 Curnnt 88••ts Dobtor8 C3¥h at bank and In hand 11 41.455 540.479 678,988 581,292 581,934 1,258258 Cr•dltors: Amounts lalllng du• vAthln 12 {140,424) (881,978) N•1 curr•nl •Ji•l* 441.510 398,280 Tot•1 aM•ts108• curr•nl Il•bllltl•• 903.388 874,637 Th• fundl of tho chirtty Rgstrf#¥d Income funds Unf￿11*Clad funds 14 30,599 844,038 903,368 903,368 874,637 The flTr8nclal otalemgnts worg approvgd tsy lh¢ tru•tee• on 3 N0vom￿r 2024 J Whaley Tru•t•• Company reg1strati￿ numbor 03487635 (England and Wal•81 12- SKILLS FOR PEOPLE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Ngt•¥ Cah Ilow8 from op•fallng *etlvltl•• Cash abso￿•d by oporallons 18 (40,8131 (366,251) Inv••llng aGtfvIII•• Purch88e of18ngiblo fixed 08so18 Investment Income roolved (13,228} 1,919 N•t ci*h u$od In Investlng acllvltl•• 111.309) N•t ca•h u8•d In financlng actlvlll•• N•t d•cMs• In c•oh and c*ih •qulvalont• 140.813) (377,580) Cash and cash ￿ul¥ol￿n{S Ot beginnlng ol year 581,292 958.852 C•8h •nd ¢•*h •qulv•knt• at tnd of yoir 540,479 581.292 13- SKILLS FOR PEOPLE NOTES TO THE FINANCIAL STATEMENT8 FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ountlng poll¢l•8 Charlty Infommtlon Sk1118 For Peopl8 is a prlvalè company Ilmlted by guar8nt89 inc(xpor8l•J in England and Wale8. Th• réglstèred offlcè Is 4 Gl8ndal8 Terra￿. Byker, N•wca6tlo upon Tyna. Tyne and Woar. NE6 1PB. 1.1 A¢¢ountlng conventlon The flnanclel 518lemenl8 hava b8én prepared In accofdanca ¥ylth tho thorlty'8 govemlng do(￿Ment. CM)panlé6 Act 2008, FRS 102 'Thè Financlal Roportlng Standard applicoble in the UK and Republlc of I￿land. ('FRS 102.) &nd the Chariti08 SORP 'Accounling and Ro￿rtIng by Ch8riti88'. Slatemonl of R•comméndèd Pracllce Apkllcabh lo charltle8 pr8padng theli arthunts In accordancg w5th the Flnanclal Raportlng Standard appl:c8blè in the UK 8nd Republic of Iwvland {FRS 102>" (fjffectlvo 1 January 20191. Thg ch•rlly IB a Publlc Bèn•lll EntAy 88 d8firnd by FRS 102. The flnanclal #lat8mont& arè prwrnd in stortlng, 18 tho furttk)n81 currency of tho charlty. MonoL9ry amount8 In th•*è finandal otalom8nt8 afe round￿ to tho n•ar891 £. T￿ ff nanclal sthlèment8 h•v8 b••n prnparod under the hi>torl(*l coit convenllon. The prlndpal a￿)UntIng pallci08 adopted are let out bolow. 1.2 Golng eone•rn At tha Ilffle of apprDvlng Ihg finandal •tat•m•nts, tho trugteèj have a r•8gonabl• 8xp•cthtk￿ that th• chadty has ad8quat8 rnsourcos lo continug in oporaUon81 exislence IOT the lore8eeable fulurn. Thus thè tnotoej conunuo 19 gdopl Iha 90ing conGom ba818 of aC￿Un11n9 in preparlng tho Ilnanclal stato(nents. 1.3 Ch•rlt4bl¢ fvnd• Unre8trlcled luTrd8 arg 8vallablo for u80 at tha dibcrotlon of Iho tru•tow In fvrtherance of Iholr charltablg obloctlves. Rejlrlclod knnd8 are Bubjgcl lo spoclfi¢ ¢ondltlon8 by donors or grantorn as to how they moy b? used, The purpojets and ol Iho f6strlcted funds are sot out In Iho noto8 to Iho flnandal 8tal•mont¥. Endowmont fwd• are BubJ•ct to ip•dflc eondlllonB by don(x8 thal Ihe capltal musl be malntsbned by th• charfty. 1.4 In¢om• In￿rne Is reeognlsed when the ch8rfty181ogalty ontlljod lo li •ftor any performanc0 wndllloni have boon m9t. Ihe amdunt$ fAn bè m8a8ured rèllabty, and11 ￿ piobabl• that hicomo I￿11 ￿ recèlyed. Cajh d(Thtlons are I￿09n16ed recelpt. (Xher donallonl or• recogn18ed onc• tho charty has been rn)ti of the donation, unl¥s$ pvrformance condluons requlre dgforral of thg 8mounL Incom• tax recoverable In relatyon to don8tit>na recelved under GIftAld or deod8 of C£¢venant18 re¢ognl8ed at the tlm6 of thè donatlon. Legacles are recogn188d on rgGelpl or othorb•180 If thg chadty hes been notllled of an lrnpending di5tr5bulipn, the omounl 18 known. arKI r•c9iPt 18 8XP8dgd. If the am¢yJnt l• nol knLy4vn, the legacy l¥ tr￿ted as a conllngenl a6881. A86ets for dlslrlbullon are recognised ￿lY wh•Th distributed. A8sets g4ven lor u88 by the charty are re¢ognl$ed when r8¢èbvabl8. Stocks of undl8trlbutgd donatod goodty aio not valuod for balance 8hg01 purposes. 14. SKILLS FOR PEOPLE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢countlng pollel•* Icontlnuèd) 1.5 Exp•ndltur• Expendllurg18 recognlud once thefa Is a legal or ¢on$lTucilvé obllgalion to transfer economlc bonofft lo a thlrd p&ty, It18 Pfobabi8 Ihal a Iransfol ol o(*nomlc benofit¥ wlll be requlreo ￿ 8gtUfjmert arxl tho amount of tho obligatson ¢4n bo measurnd relkqbly. ExpendSlure 1$ cla$81fl6d by actlvlty. Tha costs ol each acilvlty are madè up of the lolal of dlre£t costs and 8hared cosls, Indudlng support CO8t8 Involv8d in undertgklng each 8cllvlly. Dlrect cost8 alirfbulalJe lo 2 Singlg aC1t￿lY aro 8Vocatyd dlroclly to that actbvlty. Shared costs ￿1¢h conlrlbut8 to moro than one acllvlty and SUPFM)rt CO818 whlch ore not attrlbutabla lo a 8inglo oclivily are 8pportionod between Ihose activil*S on a basis ¢onsisienl with the u80 of resourcea. Contral st8ft costs are allooated on the ba818 01 tlme spent, and doproclallon cherges are allocated on the portlon of the asset's UW. 1.8 TAnglble flx•d a•••ti Tanglbl8 fixed a888ts arg Inltlally measurad 4t ¢osl 8nd 8ub60quenUy measured at ¢081 or v8luaUon. nel of deprocl8ikon and any impalrmnl109ges. D•pwlatlon18 recollnlJ8d so a8 to wrtte off ihe c￿t or valu8tlon ol 8•88t81oJ¥ Ihelr r88ldual valu08 ovar th•lr useful lives on the lollowlng ba￿s-. Leasehold land and buildings Flxluré8 and Ilttlng$ Ovor lèrm ol tho loa8e 25¥• reduclng balgnce ba8ls The gain or los& Brlslng on tho dlspogal of an assèt l# dèièrmlned 88 the dlfferenca betwoen Ihe 8816 prO￿ed• d the Caffr￿ng valu8 Df tho a•oet, andlg remnl$od In 8lalomont of financial a¢livltS08. 1.7 Impalnn•nt of flxed Al each roporling •nd date, the ch8rlty revlews thg ¢arrylng arrKJunls of 118 langlblo assots lo dfjlemine thelher Ihere 1$ any Indlcallon that those 888ets havo suffered an Impairment loss. 11 any IndicatKJn exlstB, Ihe iocoverablè 8mount ol th8 a8sei 18 081imalod In order to detem)Ino lh8 6xl8nt of the ifnwimignt 108B (If any). 1.8 ¢*sh and cash •qulv•l•nt• C8$tt and ¢rt98h equivqlonls Include ca8h In hand. depo¥li8 held 81 call wllh banks. othei short.lemi Ilquld inveslmenlb with original malurltles of thr8• months or1888, and bank overdr8ft8. Bank ovordr8ft8 ar6 8hown withln bonowlng$ In current liabiliU88. 1.9 Taxatlon The charty 1$ exgmpt from corporallon tax on tt$ charftable actNItI88. 1.10 R•tlrwn•nt b•noflts Payments to d8finèd contrlbuts'on retlromant benefft schomes arè charged 08 an expense os Ihay fall dua. 15- SKILLS FOR PEOPLE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Donatlonl •nd legacl¢• Unr•itrlcl•d Rutrl¢t•d fund• lund* Total Unregtrlct•d R•itrl¢t•d funds fund• Tot•1 2024 2424 2024 2023 2023 2023 D(￿allonS and 91115 Grnnts 932 18,329 2.633 14.325 3,565 32,854 23.752 18.238 25,806 124,890 106,652 19.281 16,958 36,219 108,5( 41,990 150.496 Indud8d In glftB and doDDllonN ar• amounts from The Jolc8y Tru&l {£3,000 lor loc.￿1 group8): Sp￿[nIM Enterprf6efj CIC {£11.500 lor employmonl costs): The JoBeph Strong Frazer Tru81 <£1,000>: Tho Los118 & Ullan Manning Charllable TfU811£1.ODDI and Th8 Ho*pltal of God (£1,000>. Ornrt• r•¢•lvibl• lor cor• •¢tlvlll•• Tho Slr Jam08 Knotl Tru8t Newcastl• Clty Councll Tho Jolcey Tru31 Contact a lamlly NHS County Duth8m CCG 8entl8y Molor Gmup Nallonal Lott8ry Awards ￿ All Othor 10,93e 10.930 3,OCVJ 17,500 32.550 1,515 34,¢X6 3,000 11.325 8,175 50.000 so.000 500 500 8.490 16.612 8.490 27.336 718 718 11.723 18,329 14,325 32,654 106,652 18,238 124,890 Oth•r tradlng •dlvllh• Unr•8trl¢t•d RMtrl¢ted fund• lund8 Total Unrejtdcted furmts 2024 2024 2024 2023 Ronts rocélvable Bottor days rechar Room hlre Othar tradlng Incame 7,998 36,765 8,330 32 12.287 52.808 6.532 143 135 35,9C 8,330 92 60 Oth•r Iradlng *Mtle8 50,123 195 60,318 71,750 SKILLS FOR PEOPLE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Exp•ndlturn on ch?rltsbl• •cllvltl•• Ch•rftabl¢ I￿1vIlle5 2024 ¢harltslJ 1023 Dlr•ct ¢o•t8 staff co$t8 Depieclation and Smpalrmènt Consultancy fe¢$ othor gt8ff costs ProjeL'I costs 1,025,450 16,499 16,866 47,940 86,512 889,653 18,872 24,336 37.9e6 67,220 r li IT costs Ronl & 18191 In8Ufance LWI & h8al Prem1008 ropair• T8￿ph￿0 Po8tBgg and $tationery Health & 8af8ty Sundry expen$88 Bad debt 28.239 4.758 7,042 10,312 16.682 12.427 28.257 4.976 2.200 8.005 31,871 4,714 5,861 11,100 15,937 13.997 20.579 3,066 2,112 1,316,165 1.147,284 8har• of •upport and gov•rnanc• cos1• (B•• nol• J) Supporl GovemgrKo 2.613 9.208 2,992 18,OJ8 1.327,988 1.188,314 Andy•l• by lund Unre6thcled lund8 R88trlded fundB 1,270,328 57,658 949.053 219,261 1,327,988 1,188,314 8upport ao8t• illoc•t•d to acllvlll•• 2024 2023 +nter•6t Cleaning Legal and professional 18è8 321 2.292 9.208 2,698 18,OJ8 11.821 21,030 AnBly$•d betw••n: Charltsble actlvltlos 11,821 21,030 17 SKILLS FOR PEOPLE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Not mov•m¢nt In fvnd• 2024 2023 The net movemant In funds Is stated after (*erylngll¢r¢dMing): Feos payablo for the audlt of tho tharftyj ftnandal $tatomonts Oapmdalk)n of owned tanglble fixed 066015 6,029 16,499 2,934 18,872 TN•lo•• Non8 of Iho trustees (or any por8on8 ¢Gmn8cled wlth tham) rec•fv•d any rnmuneratlon or beneffts from tho chBrily durfng the y8?r. Employ••• Thg ovgrago morthly numbor of omploy•o8 éurln9 tho y88r wa8: 2024 Numb•r 2023 Numbor EmptOy•08 55 46 Employm•nl co•1• 2024 2023 W8g06 8nd oalJrf06 Socjal 9gcurtty co8t8 Olher pen81on co818 937,281 65,014 23,1S5 815.287 64.743 19,643 1,02S.450 889,653 The tolal employee bono1118 of the kny managemont peroonnel of the chanty wore £62,704 (2023: £82.090). There were no employee• who88 annu81 remuneratlcn wafy more Ihan £60,0(K). Taxatlon Thè chartty18 exempt from t8xatlon on kn actl¥lt106 bocause all Its Incom918 applled for Charltablè purpo¥e8. 18- SKILLS FOR PEOPLE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 10 Tanglble flx•d 18••ts L¢•s•hold Flxlur•* •nd land and ntting• hulldlw• Tolal Co$1 At 1 Aprf 2023 488,511 94,976 563.487 At 31 March 2024 468,511 94,978 563.487 Dapr•¢latlon •nd Impalmi•nl At 1 April 2023 Depreciallon charged In thè year 18,659 9,371 66,471 7,128 85.130 16,499 At 31 March 2024 28.030 n,599 101.629 Carrylnll &mount Al 31 March 2024 440,481 21,377 461,858 Al 31 Marth 2023 449,852 28.505 478.357 11 D•blo¥• 2024 2023 Amount• falllng du• wtthln on• y•ar: Trade dobtor• Olher dobiors 28,204 13,251 665.212 11.764 41,455 876,966 12 Cr•dllor•.' •mounts falllnq du• wlthln on• y•ar 2024 2023 Other taxalion tynd godal securlty Dofèrr8d Income Trade credllors Olh•r credltor8 18,342 115,038 2,123 1,231 3.690 16.492 828.980 11,225 1,232 4,049 140.424 861,978 Dgfgrrfjd incorn 18pro88nls ¢￿tra￿ Incomo recelvod In advancé of Ihg rglatod $eI¥l￿ b•lng provldèd. 19. SKILLS FOR PEOPLE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 13 Rotlrnmenl b•néllt •ch•m•8 2024 2023 D￿n•￿ ¢onlrlbutltyi •¢h•m•8 Charge to profit or lou in r•sp•¢t of defined c4)ntrfbullon schemes 23.165 19.643 The ¢harfty opgralos a deflnod conlrfbutlon p•n81on 8ch•m• loi ￿1 quallfylng employ•g5. Th8 as8•t$ ol Ihg 8¢heme 8rg hold separatoly from thoge of the ¢hartty In an Ind•p•ndenlly admlnlstered fund. 14 Ro•trlGt•d fvnd• The reBtrlclod funds of the charlty comprl8e the uneypended balancu of don8lton$ •nd grant8 hèld on tnJ8t sublect to ¥w¢ifi¢ ¢ondkllon8 by doMr8 a• to how thoy may b• u•¢d, At l Aprll 2023 In¢omlng R••ourc•• r••ou￿•0 •xp•nd•d Tr•nsl•r¥ At 31 March 2024 G￿rdIa Mum8 Speahino Up lknj Pottery Paronts Forum Spectrum Enterprf8e8 CIC 40 29,582 977 1,778 4,195 (3,508) 136,9261 1,690 3,149 (977) 3,399 11,326 2,500 114,724) {2,5(M)) 30,599 19.798 (67,858) 7.261 Pr•vlou8 y•ar: At 1 Aprll 2022 In¢omlng r••ourc•• R••ourco• •xp•nd•d Tr•n•l•r• At 31 Mar¢h 2023 Geordl8 Mum9 Spoaklng Up Groupg Pottery Charlllgs Ald Foundatlon 435 41,990 {395) (12.408> 40 29.582 977 977 206N58 (206,458) 207h35 42,425 (219.261) 30.599 Pury>o•• ol r•strlct•d fvnd• O•ordl• Mtsm•.' FundraSsing to 8UPW)rt lh8 aclivlti88 01 the 9￿uP ol mothery who havo a b•Bmhg d18ablllty Spoaklng up group•.' Fundlng was rac8lved from Iho Slr Jamos Knott Trust and an anonymou6 don8llon to support 4P8Èklng up oroup8 for peowe with o18aming di8ability. Charltl•J Ald FoundAllon.' Fundlng w88 re￿Ived from the Charftle8 Ald Foundatlon R881118nce Fund, wh1¢* Hims to help Ihe pèople ènd causes hardegl hll by Covld-19. It $upport8d Iho demvery of wellbelro and community ￿nn￿lIn0 98Nlc88, and a d6volopment programm• to lrnprovo Iho re8ili8rKa of the orGanl88tlon. Spoctrum Entsrprl•••: Fundlng Was recylved from Spectrum Enlerpri$e8 CIC, vthich 8ims lo crnale or 5UStain paid empbymei)l opporlunll16s for neuro41verg&nt peoplo. in lino wilh current employment kglsl8110n. SKILLS FOR PEOPLE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 15 UnrestrtGt•d fundi The unr08tr1cled luThdg of th8 charity COmprt￿ the unexperKlad b8lan¢e8 of donaUon8 ond granis whlch aro not Gubi8ct to $peclflc condlllons by donors and grantors as to how they may bo u8ed. The$9 Include deslgnated funds whlch hove be8n 801 a81de LKA of unrestrlctod funds by thè tru$tee8 for sp9cific purposei. At 1 Aprll 2023 InMmln8 Resourc•s r•soul￿* gxpgnd•d Tran8fvr• Al 31 March 2024 Genoral 844.038 1.338.919 11.270,328) (7,2611 903,368 Prnvlou• y••r; At l Aprll 2D22 In¢omlng R•sourc•* r•#ourt•• •xp•fftd•d Tran•l•rn At 31 M*r¢h 2023 G0nor81 lund8 7TT.229 1.01 5,882 (949.053) 844,036 16 An•ly•li ol n•t u••ts lth•n fund• Unr••trlclad fund• 2024 R••trlct•d fvnd* 2024 Total 2024 At 31 M•rch 2024: Tangiblo 888618 Current 888oW{Ilabllldes) 461.858 441,510 461.858 441.510 903.368 3,388 Unr••trlct•d lund8 2023 Re•trl¢t•ql fund4 2023 Total 2023 At 31 Mlrch 2023: Tanglblo gss¢t$ Curronl a8891$11118bllltlès) 478,357 385,681 478,357 398,280 30,599 844.038 30.599 874,637 17 R•l•t•d party tran••ollon• Thero wore no dlsd08abl• relotad party ir8nsactk*ng durlng the yoar (2023 - none). .21- SKILLS FOR PEOPLE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 l • Ca•h g•n•ratod from operallon• 2024 2023 Surpiug1{deficlt) for tho yeqr 28.731 (110,Q271 Adjustments for: Investment Income r8cognl$od statgmenl of finandal actlvlllei Depreclation and Impalrynonl ol tanglblg flJ(gd awts {1,9191 18.872 16,499 Movoment$ In Mxklng ¢apital: {IncTeaB9yd8cregsg In rtsck8 DeGreaselllncrg4891 In dobtors (713,9421 Cash ib•orb•d by op•rntlon• 140,813 1388,251) 10 An•ty•l• of Chang￿ In n•t fund• Tho chartty had no motortal debt durfng tho yaer. -22-