2021-08-31-accounts

REGISTERED COMPANY NUMBER: 03760619 IEngl•nd ind Waht) REGISTERED CHARTfY NUMBER: 1078360 City Gateway REPORT OF THE TRUSTEES AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 FOR CITY GATEWAY Imagine a society where everyone reaches their full potential. Where the future is not defined by the past or determined by the place a person starts.

Clty Gateway Contsnts ol tho financial •tat•rn•nts for th• y•ar end•d 31 Augu•1 2021 Pag• Reyl ol Ihe Trusie 1tog Rwt ol the I￿nd￿l A￿11￿ 10t012 Consoldaled Slatennt ol kttvlty8s 13 CLy)¥olda￿ B•knce Sh•6t 14 15 CM•ohdated Slat•mnl ol C&¥h Fkni 16 Finwthl St•témkn 171029

Clty Gat•way Contont• of th• financlal staternents for th• ywr Ond￿ 31 August 2021 The Tru$té•s, who 8re also direcl(xg of Iho charty frx the pwpose8 of Ihe ComparAe8 kl 20(0, Ixewil thelf FQrt wth the statemènts ol ¢ho th8rly kn Ihe yoaf and￿ 31 AuguGI 2021. Thè Truslee8 have odwtod tm provlslons ol the Staterynl ol Recomr￿J￿d•d P￿tte ISORP) 'knxmling d RepNtirvJ try Charits$' 8pphcBble lo Chan￿ ￿pa￿ll thelr 8￿ydan￿ wtth the Fmarwl RipcKIty Standard •pplat4è In ￿ UK Repubk ol Irol￿d (FRS 1021 (ell8the 1 January 20151. R•gl•t•r•d Comwny numb•f 0376rk319 (Eryl￿d I￿1 W8} R•gl•t•r•d Ch•rtty nufflb•r 10782eo R•glrt•r•d Ollk• The Pavllrm 2 Clovè Cffjlcwl L(￿d￿ E14 28E TRUSTEE8 Kenny 1maffidC￿ - Chalnnafi Sean Gre8thead- VKe Chaknxn Kate Vfftllmr Yvmne Bajela Uche<i Ok￿•k• citve Mdls Adam Pqz Oavld Vthson {8pp¢¥'nlwJ 0111 Octob•r 2020) CHIEF EXECUTIVE D•TI Irnsiwl￿ 2￿ SepknTb&r 2020) Dlam 88118 (app￿nIed 2111 Cith)ber 2020) Mazars LLP. 6 Sutkn Pl•za, S￿in Cowt Ro•J, S4thn SM14FS Naonal PO Box 282. 216 Billwgate. Lorthn, EC2M 4a8

City Gateway Clty GAt•￿Y Tru•toe8 Report for the year end￿ 31 August 2021 WHY DO IIHAT ￿ DO? I 8 84ngl8 4rKI w95 runnlry ry b••uty fr(xn l¥Jry as a p•rtn•. ￿4Mp￿10d thor. Bul th•n CovKI-19 happoned. and werylhing changfA. I aws hal plan8 to in the cNporat• fW. bul1901 prwanl h1 a LikJ before I couhy 9•t into Ihat. My bwjgest Chal￿ childcare wdg. kjw l W wrto w(Kk or on Apkyéntrtéship. I was apptym9 for Pbs ￿mI k(•klng for Apwenlkeshy ¢)PP)rtunM•s onfmo when City Galwi Just upl So, 15igned up to il ak)ng wilh so miny oth8r opF¥ykniities, bul when City Gaiway callod had d￿CUss￿ about Ihe opportunit16S offef. F￿￿ I decidod IDtak• lh• oifer to becwse Cty Gal8way k¥Jked fft, and I lthl whal rt offered to young peoth. Cty trb•n S¢￿)1. It applies dncty to M• and whil? onty prepam you e¢lL￿at1￿. I IovfAI s￿rn. my lutor. b8cau8• she dhln'l Ireat 10 kkls. Sh• genulrnty piepwed k t•¥hing arld taw lo us atrtxrt thi In a very 8trw9htft>￿rfj way. City has helpd ¢JeYelcy s8ll<<JnfKlence, wth my CV and lèiter d￿Igned In Pfoless¥)n81 way a$ well as praclKalty by coKhing me to h•v• éxc818nt InloThi￿ skillg 11 ch￿goO lrfè because it has gN•n me the C￿￿(len￿ to slop Into tho wryld of it ffl8 th• opp(wtynty I fi08d￿ to build a PO¥mvo no￿ other Y￿n9 peOe Through Clty Gatéway, I work as an Appr•nlé In Mathetin9, h•# ljwn groat m• b•¢￿8 l •m able ID eam a livry. learn Wh￿ prthlsir4 bein9 8 rr￿￿ lo my dauglrter. a￿1 I have mBde m•ny fn•nd8 dunng Covk1-19 than I had before, al a Ith￿ vk￿rt are Iryty. bu8y onllno wogwnmes Crty Gway hel￿d achth• the thTrbgs I wwl to do by go11kn9 mè mto a iobl enjoy dolng. ￿1￿ I )Sglb611ty ol a ¢weoT in rol•. I ho￿ to progrnss wth nry In M¥k•tiThJ I have dthrtely recommondtAI Cwy Gateway lo al ffly frThJs wlll still d¢ so Allhough A w89 4 ol a 81)w •t8rt ￿ Cty Gatsway. as I had a bt of rep•tsttréé qu•stMyts, exwnplg w￿n wr60nd rA8ng ond Ibng g04i¥ su( as lor long tem. nth'um and sh(xt tefrrn. txrtll all became u8elul to ffTy after l •bswor•d qL￿81￿8. •NJ as l TKnt thwh tr• WI￿ rr#x8, ￿1 rt ￿MS (wl k) IJ• r￿C0sSary l)r bulhg foUndat￿n3. 8•tse City Galw￿￿. I was lust loit I dkln'l lo go. N what lo do. I was mfykng applkkn. bul I ¥t c(xJkln't gel ajob 11 w88 ry bgge¥l challeny I Caff￿ a¢rns$ the Cty Gaieway websilo when I wa6 lookffig fiy I deddéd to joln b￿8￿58 I left City t(￿5d ptovhle nx wth help and id￿. I n••dJ to wgress snlo som•thlrrfJ for ff•. I Ilkèd yo9ramTh because It proYKled m with )ts ofbps ￿ find the wort ptWTWnt Iwrth NCDPI ep8red for the wryld of 9av& mo Ihé d•v•W￿nI experrtt I was ￿¢kn9. Cy Gate￿Y is v•ry ffl￿h different to 8chod bKaLrf• rt's a rr￿ felgxed and chllled ￿ronm￿￿ Il'$ lun, BS you fr￿1 rw peoplfr, aThJ IM t•lng style is rn￿e eng4ln9. y￿ arn trealed as a chifd., We treatéd as a) Clty Gatrway aV•fconx l)wiers, like ol exptrlefi￿ th'lls worK and * helpe•J me deveJp a Ih•tattracts emthern, and wnth inlervlvw w•waiion Cty Galewgy has definilePy P￿INdY nyy life. tt h85 helped m8 find a pb, I have learned nvw s￿•1$ and l am mor• confidènt to kVO9ry$ vrtth my c4reer. I hor• to stty in frry pb, progress inlo 8 highèr role within the C1￿¥￿Y. I woukj rncomnwr Cty Gatew because giwnoilme8 young people rbeed help and supwt. vthlch Crty Gat•￿Y can wovbje H. I'd lall my Irnds Io u8e wery cypothnty g•t arKI m• thè best of rtl Pw1

City Gateway Clty Gateway Trust•o8 Report for the year •nd•d 31 Augu•t 2021 Jr Gat ay Page 2

City Gateway Clty Gateway Tru8teM Report for th• yoar Ond￿ 31 August 2021 l•lTrlAT WE 00 City GatW ks a fcnd in 1999 ty • grlxp olcty ¥thow•Me4ne•med thul in thelr kx cofttrnunlty. in ppopk to chawe Ihetr ¢xvn Ilthm. Ar#1 ty vnth Ihwn •rKI supporung ljxffl lo &thlè¥e tr(w arth'l￿n8. that lulurn ￿ b• a8 dare Imagltxj. In Tvrter HaM￿ts I￿JaY, Ovef haff olall thilr•n wlll wak• up in ptyrf•tr Many lamllJ dMI know where lo bjm and opwrltsnths for peoF4e can be 10 access, Po￿￿1111￿% arn M the d￿rsleP - lrtwally. The amuenc• of Canw Vtharf sst8 chee wth Hgrrdets in East Lorth. wé're basod. Yel help uTrk￿n9 that Wentkgl, wlll b•ndli. Th[8 Is wthw• ¥rn step in, seeinp Fthnbal - e¥•fi wt•nlial - in of L(Jidon'i crJmrNnths rn(￿ smpaLtsd ty s. And •r• cytsiw6tic lor thg futse, The NEEO 21% of y<yurw aré p)b¥ wlth l¥ fN¢ til￿ th• Mllonal fal• slrth thè parrtlen str￿k d¢$prt• beM)9 gt record h¥h. ￿￿181,9 un0mploym￿l hpj •o¥ed ty $5 pw to 105.cth lh• 8larl d lh8 wth 21 par cént of young peoplv s0oklry Jywts ￿1•&3, a io•)t hvesbgatth by Ihe Evenky S¢w)d8rd knd Tr IndeFwyJent has r•v•alèd. Tho five lrn nobo¥wl M)blMs fal• d 4.3 pw for all a98S atNI is evon hlghor yi)Ixig Awn. wth alrtMMI on• In lour ol those W 18 to 24 in Lwdoo U￿￿￿Ye￿. xcorthng to lh• Offv fc Nallonal Stali6b¢8 Alosl thst 42 per cent ol uFffotyed yth nalionwkje have bMn Jobl•￿ lor Ilx n)ntr4 or mofe, wth crushing consequerth lor their hopes and s•N-O$teem. Pag• 3

City Gateway City Gat•W4y Tru8to08 R•port for thè yoar ended 31 Aug￿1 2021 p•)pkn hMI been ¢wght in a storm To got 8 W6taInab￿ lob tlw rbéod the rfvjht experience and skdls VAyk KAK¢mafflts apF￿￿￿te$hl¢0 Pfovlde th1$. txAI alffrf)st 80 per cerrt ol enty-twel aFwinttéshlp and ¥ork pthcemwts were ujl or ￿u5￿d due to C¢)vld. As Job mark81 operxo up. there been iThmsed tonwlon kn •nty Iwel roles w)th yeafs, wwth Of￿1￿11￿9Ver$ and graduates k)okArYJ. Coffdr•&d wnth older vrkers relurnry ID labour markot, thé Impa￿ ts push•d lurthw ￿£￿ the ch8in. OUR IMPACT Our •chl•v•m•nt rnt• la•t y•8r w•• 81A% dwplt• th• IM￿¢1 of Covkl. 53% of our young p•opl• •nt•rgd full tlm• wort116+ IK)Uf•l wfth 00 n•w •mploy•rn. 25% of ouw young pfropl• proqr••••d on to •n •pprnntlc•ghlp wllh 23 •pprnfitk￿hIp •mploy•fs. 20% 01 our p•opl• w•nl on to Furth•r Educatlon or tr•lnlng wlth ZO of our rnf•rrnl partn•rn. Before ￿lendi￿ll Cty Galvw. Tywk was unsure aLx)ui hts lulufe aTrJ stru991ing with a I￿ of opwtunlliès thjo 10 CovJ.19, bul th￿￿5 to hij ienx)te wryk expewice placem￿1 anJ th• support ho recotrled from hls tJJtrys 8NI ¢oath•s, Tyr••k hgs n(p I•￿rIAl a Oyltsl S<thl Med& apwenllceship wlh Ihe BBC. H•r•'3 hls 'Befye Clty Gatsway I lod rec4nty lknlsw slxth IDM wd was my8eW- detstin9 wlther I •houkJ go on io unNer8rty Qf for an apPrenUc￿l0. I didn'l want to go lo unrrfer81ty as I didn'l Ilke the ronmenl of school. bul to Co¥hJ tt wms a strwgl• to find an wwenlkethp. I was k)0￿r￿a hard lof an cwrtunty aTrJ kept apthn9 ts jobs a￿1 ¥pwenlteships but bocwso ol Co¥xl. they kept 9ettiThJ cancelw Evenluolty. I loutwj Cty Gatvway. thld wa8 Vttlng worse, ltrrtre wag nothing lo and I was sffllng ai hom Compani￿ ￿ren7 hiring ary￿￿e, lyjt City Gaknvay WAS an OPForttmMy Ihat was thLYe for n. )d I wanted to t• IL I l•tt rt Wa * gyth to kKk418rt rry ioww I￿ •PkYenticeshw ￿ Imptym￿l." ¥AII th• •taff h•v• ￿en Irfondly and 8wportlv•. From th• vwy •t•rt d my tkn• wllh Crty G•t•wiy, from lh• flrnt conv•r•allon wh•r• th•y uk•d m• •ll tho•• lund•m•ntal quKtlons Ilk•. wh•t do Y￿ w•nt to do7 It made me roall•o that I nwd to do a lot and mak• a lot of chan9•8 to 9•t to wh•r• I w•nt to ￿. .1 Jolr￿d Ihe employability course and l $tar1ed tts understar¥J that there are a knt ol aojuslmefits I can make lo hélp mè 9èt thwé. I loarn•d lo knwove ry CV ¢Jevelw ry o¥m per5ry￿1 $￿ill& pra¢b¢a kntervws I reah•J I can dwelop Inwrm rry coftfth￿ arKI lo tsh•t ppr•nUcéshlp. I was accd xrto a work pkncrnt wth NCDP In DYJital 11 ¥rns a 0xpw￿l¢O fv)r m• • I was abl• to unders1￿d a dlfferent typ8 oflob, and ¥¥ort In 8 last.P8ced and ¢(ffipetrtNe enVirt)n￿tht. l•Ve wèrè 11 working arKI baminq ￿ether in the room, tl¥8 wa8 good bKavso11 m16 everyone wort h&rdef.' 'Throwh Clty Gateway I hJ the opportwlty to 9¢1 a Job 09 a ￿￿￿r￿reph8[ lor Tribgy Ente￿80 and bo nlorod ty ￿ experienced rknokngwher. I'v• al￿ b••n appty bmsons the Dlgitsl Markebng w(Yk placemprt with NCDP b rry photO9raphy J(yial media gccounts. 8LKh 08 to pkn m•tha c¢xrt•ft( to ¥lrtw the clxrecl 8udhnc• and sp￿k to them pYolessthaI￿. Bul my bpa Ixo8k was whon Clty witti lh• BBC cffj an •wenltMNp ¢Jpwrlwty. achos encoura9od mp lo knr. l w¢($8fv1 afWr8tKm, w l arn oigllal SoeA M•dla gpprents'cè at Ihe BBCI- "All ol th1 has com• abo￿ Irom on• Ilttb• opportuntty thal h•• •0 tsi. To thIn￿n9 •bwt lolnlng I woukl ••y: m•k• •ur• to l•ko •ny oppDrtunlty th•t tomm towrds youl" .1 w￿t to Say a m8$8Ne lh?￿k you to ry cowSs at Cty Galvway kn gring this opp)thnty, ￿lj to Ihe BBC fr)r taking m• M as an apprentte l am lo￿n9 lop4￿ to tathg as an opportuntty to 9row. and to be ty j￿4¢r at the BBC. Ar•d thank YDJ lo all the Cfy Gateway téam tor h•liAng mo a¢hiove an throwh￿rt my ￿m•y..

City Gateway Clty Gateway Tru8t•u Report lor the year •nd•d 31 Augugt 2021 OUR PARTHER8 Cty G,$ wnpKt Is onty PW1￿ li C(Al￿￿On wth Ihg iknuM4hlnkkng, gonèrtyJ8 oTrJanisBti¢XS who partnér us. Th¢w 0rwlsal￿￿ th wth us lo ¥o￿nI•ll, lund our programffos and Fwvide wtyk plwffnlS Ilrtludir¥J rerTh)te wtyk •iil AFornnI￿81Yp in t•ams lof OLW 88pr)n81, lèam•(s. Impelus has play•1 ￿ Instrufintal rok to Crty Galoway durtng the ch￿ge of OLW CEO leadérshlp, ol cwr pwtriws has mwJ& a si¥ranl cOnth￿tIOn to charwing ￿¥08 in London in 2021)r21 and we we truty gratèful to aN of th•m. Bokn¥ are I￿1 Son￿ ol th• pwbws Ih•l me ow P￿$￿.. Chlldpen in Need Man Impetu5 DENTONS J.P.Morgan r. JAMES'S 1)LACE C.'IIARITAHLE ri￿￿1}hT11)N Berkeley Centerbridge Group BAIN & COMPANY O L&Q STATE STREET.

City Gateway Clty Gateway Trustses R•port for th• y•ar •ndod 31 August 2021 BOARD GOVERNANCE Cty Gthay * a ccmnpany knlted by gugranlee ot)varnAI by Its men￿rand￿Tr arnl Artth A8gocLq datod 28 Apnl 1999, 11 is regialèred as a chartty wth Ihe Chgrty Cornrr￿. Cty Gay has aTrJ iU 10 tak• Ils 1Ww$￿IIOL￿ of en6LwlivJ ihal #s ch•n'table oclNth• c(rfitnbule %gnrfr4nty lo the hv•s ol Ittt)se we work wlth and ytsftalty wllhin the kul weas In whth b)C> ar• undertaken. l•kn refwwKe to Ch￿￿•$ Acl 2011. all our chwrtable act￿rt￿ dlrecled having a lifelong on London the80 acbvrtlos are undertthén to wr (Witab￿ wrtX88 for the Tw$toe$ apwinted on the ba61s of Ihwr sknms gnd expwo• as as thelr pay31￿ lo furtPr City Gatwy's vlsth, ar4J ethos A mix of drfl8rènt and bKkgry)und$ is 8oughl the 8o•rd ar#1 f 8oard W(¥klrwJ (>oup8. All Tws¢e•s I￿11 torn ¥oluntsTrly recerye rb) priv b8nefrt from Ihe ¢hafity. Th• t•rni ol olnco f(x • TNslee Is lefmg ol 3 yegrs, extendablo by 1nvrt•th￿ of the Cha￿. apwnt•J Twstees are on trlr reSwJn￿ththS 0wwj8ti￿l undér t•Xh ¢h¥rty and law, tts ￿en￿randum ar￿ Articles of Assocthn. tha curnni Straityic 8U$l¢K￿ Plw 8rKI gN¢n an tyer¥w ol the rKert fina￿181 porftymance. L%h Trus1•• 1$ given o p8¥tscul¥ ffjle ￿ a Board Working Gi￿P and is expethd to attend all TIl￿e nw¢ty'ngs. Truglees arn erc￿ra￿ ￿ attend aFvrOW￿l• ext¢Tnal tramty. W￿re th1$ ladlil9ts8 Ihfr undwtsklng ol Ihw fol8. Tnffjt¢es we resw)n81Jle SO￿￿9 ger￿81 policy. finghyng and approviry the annuBI pW arKI budget. rrn)nitortng thé th￿ty takiry do¢i¥h)ns about the stra￿1¢ direci¥)n of Ihe ctsrlty and capltal exp￿drtUre, Trust￿ a￿1n4 trè Chlef Exec3JtNe Officef fcEO"I lo mana98 and lead tre and agr•• o lev•1 ol dthgat&J auth(xity. The CEO is a￿￿nIa￿le 10 the ol Trustees through the Charnn who ho9 regulw meelirvJ8 with tho CEO. Th• CEO is re$ponle for enwring the chanty del¢vers its rnlsslon, nd that kty porknrW￿ ol opwnal d81fv•ry ¥• tmt. Tl reMuTr¥alK￿ of CEO IB 4pwovI nnuolty ty Ihe Try0ts￿. Cty Gateway has aft oulst8nding Staff tegm of 30 l•d by 8￿t•. mvrte empern to hdp us chawe lor the ty stér•h)g up Tth pjb or opportunll for the upsktllwvj Y￿ft9 p￿P19 and wcrfk kn(yw tlw• 18 w knu•dlbl• ol hKhJen tant in thi> Covba co1￿ ￿￿1181 our coaclmng nwyjel achthps posrttvè outcOn￿ for th¢)se ¢)n our wJ9rwm8. youw nood support li 18 pirt ro8pNwbthty lo Improve iNINrflual Irf• chatKtt ¥td unkx wentral Dl•n• B•ttA CEO Clty Gal•way our Iwn haw• a passion lor our sludtnts a￿1 f<hknthng I&Bilr¥J trsnthrn' rtal impacl In Ihelr IIYM. we iu¥t aB pa88thale lor our p8thw8 wth ex¢ellwK• cuth of (x)n1'nU￿

City Gateway Clty Gateway T￿￿te•S R•port for th• year endgd 31 Augu8t 2021 ACTf¥iff IN THE YEAR 2020121 In the last yw. CMY Gewy has ¢¢ntinl￿ to sflve wr $tudents 8nd cnTrdnuW irnwove our opwadng Ssos as we $e¢k to seprt al I￿r stakel¥)kJwy wth ￿lIen¢t, In xclor leader¥hip, bolh nuw 8rKJ in Ihe For the past 20 y￿8 ¥• have l)e¢n $upp)rtJng yours arKI womn ag•d 16.24 thfough (wr Youlh •ducth emthrnent wgramm88. And slnce 2015 we have also bgen SUFvyts'ng worn•n •2frJ 18+ •cnMs East London through dedraled V¥(wYn's prograrn￿ at our Srte m Slep￿. supporting th6m lo Etyitsh. gn ￿pendenc, ly￿ In c<)nfr1onco, •cceg8 ¢mpwnt and deb)p 6k1￿ In a supkN)tho corrThity environm•rt th9 Ihry Ilmo, we have Ga•n ¥)mM IM 18 to 81 year• ol ap iknwlsh •nd thrive. al￿ off•rl support to ththr lamlkn$. thern wllh par8niing Wl$ and c4)nlthrKe they l￿d to g￿e their thiidren bnghi lutsjre are hugety woud ol tho sufvwl ￿ havo been ab￿ ￿ gw• lo la￿11•5 from 8 de range of culurns Wgrounds. Heh¥￿. duo • l ol furnliry arKI that we ￿re ￿able lo f•scAv8 aftw 12 years of supwlng vjomen and famill•s m &ul LoTrJw through xd•K• wlth "£t¢Juntr'r4 and Repjrtlng by Charltl•s. state￿nI of Re￿)rnended Pre appltable lo charths prep9ring thew accounts kn ac¢c￿d ith the Financial Rewtlr*J Siandard applKable in the UK R8publlc of Iro18nd IFRS 1tr2) (effeclN• I jar￿ary 2015). . Ichwlies SORP IFRS 1D2)) and wlth relevanl ¢omww •xl 1•g48hlk￿

City Gateway Clty Gat•way Trusto•8 Report for th• yur •nd•d 31 August 2021 The Trustees rnwl a y•y of fjxrAknnt Wogreg8 In 2020r21. Dwlt• th• C￿1￿19 IM tary Cty G•tvway'g gfOM WK4xr frfxn aH ￿r￿s. wal expondéd and th• SPI￿ olfin•rKig1 t>theen rnstricl•d and unrostrlGted fijnds ￿ shrywn in detail In th• l0l1(ywlng pages, Amual Ineèmo was £1,6m (2019QQ.' £1 7ml Oui annual surplus ￿ th• yoar was £11k1201W20 surplus 01 £8kl ju￿￿ IB a ¥esun of L8ts1 ￿8￿1 In builthn9 eXperth￿ ￿ thè lulur• stralogt thrthjn Cty Gateway is commlllod to USIW kts In wrsult ol Ils charitable activities 11 is 8ts0 tt)mmiNed to Mamta￿lI1Vj 8 levd ol rese1￿5 Ihat ts pwcl•nl to ffeet Its On%￿n91￿￿'1111￿s, 6uffic￿l lo enwre Ihat all ser￿8 delNery commitrrwits can be mel and to Pr￿ the knno.tem) 8UStaSnable fvluro ol cwatThs Thls e)rY¥Thtmenl ig in Im¢ wrth the Owrabonal gu#Jance No 43 (Chanty In¢(Mr Rèsérves) ty the Cha ConmDis￿Qn $88ks lo guarantee firwN)al secunty ensure a suflknt ol reswves. Free feser4es CCN•r kncre8ged htty in year to £1181(7thlch c(XTe8pfftl$ to 1 year and (2019120, 1 mnthl. We reF￿ a cash 81 year end of£641k, This equates to 4 nK)nlhs c4wo1 {2019r20,' Our r•wffj8 pollcy • lo m to maintain $uffictent<•sh reseTh•s to cowr •t1oa413 ff¥)nlhs lulwa expwdltur•. poky IJ mlwed to ￿sU[• thal11 contsnues ty) be and tuifwL Rl•k m•na9•m•ni Vk continu• lo aMo88. r•vlthv, rnonltor 4rNJ plan for all rlsks thé ￿9•n￿1kM l&x, rKrw or in I firture, Our nsk mana9èment Étratéw cw4)ru￿ a risk regtster of al18sp￿ts ol organls•tYJn and rts actsvilles. oulllnlng p0s￿ble nskg whKh 0￿￿, procfrdures to rr#ba the xlenlif￿l and regular re- asses$￿ts both ol the rks ouvmd M the fegi$l¢r 8T￿ of F)lentsal rtsks. Thll prcum ralses awar￿&$6 ot Mk wlih devek)wxrt ol fobusl plans. K•y RlJk• Thwè ha$ b•on • ¢h8nge to Ihe fvndry 1ond8thpè vAh kner•a￿ kn c4Jmpekn arKI •v8ilth from u%bg1 Wufces as a rtsuli ol Co¥KI.19 & r￿￿8810n. To mlllgal• th1• risk Ihwe been • oui (ESFA> fvndiry for our existsng pr0￿me8 i￿luding TraIn8￿￿1pl. Thére has also been a on r￿￿n9 •xisllt)g partrws as trends c¢%￿rate Gr4lw ￿ to remain with tP existin9 p(thI￿. 14M• afe akn buddiryj $1rategK p4rtnerships to epare Ihtyn to support us m fijturn delfvery. In atJdrt¥)n, we are i¥oadening our IMding pxkages and meswng to alwjn wiLh 0 9realer number of Opp￿In￿￿S rtluding co￿0 fvTrdiry packa9e8 and InrnYat￿ packages. W• ar• also budd)g a FunOrgvJin9 Advtyory BoArd io supp)rt Ihe ¥lr8tsgy ar¥J secure l￿d% for th¢ pipekne. Thwe has akn bew a chwy In thg ngw ￿y￿￿1 AwrenlK8thip m&•t hryacted by Cv4kl.19. J have si￿99ft$1￿ P￿ev#l•r b) lin9 th• k)ck¢knm w• shift•d our buik'ry an ￿lIne hub that r￿1 suiwl (wr when moving fvly onhne b4rt glw lo supplwnont lh• 1x0-t￿l￿ we delNef. We nuw have a I￿8 hub wth cont￿¢ for maths. EnglAh. £m￿OYaL%1ty w)d our Gsteway learTWS as wèll a6 ￿ Op￿(￿jnrt￿ Se whthlols ￿rIen1 enyJynnl appr￿tr￿￿￿p vfunL*s. Pagé 8

City Gateway Clty Gateway Tru•tso8 Roport for th• y￿r •nd•d 31 Augu8t 2021 The 8owd have asseg8¢d Brextt C<wl.19 and C￿￿ded th•1 IM ¢Joo6 not po￿ a I￿k ts Ihg 8TATEMVIT OF TRUSTEES. RESPONSIBILmE8 Trustees l•ho are al$0 the dlrector8 ￿ Cty Gateway frjr Ihe purFK6 01 ¢tyry)any law) are responWe for preparing the Rèporl ol the Truslee8 an<1 the Statem￿ts th accothrKe with apPI￿able law and Cthry•ny ￿ requiw the Tru8teè8 lo wepare flrbarKIo1 statements for fmncaal yèar whth a tn and lalr vw ol the 8tate ofaffw5 01 the c8rrtab￿ comparhy arKI oflh• WKI expe￿I￿Ure olthe charlabl& cuNiany for tha¢ period. In Frfep8nr>g 11)ose Iinanaal sLglements. tho Trnslees we requfféd to.. Select suts140 Accounbr¥ polths and Imn themoyw•t¢nty observe Il rr1hDd$ and prlncpk8 in b)fr Charity S ke jud9ements and ffithmalgs thal aré r•asonabl• aTrapnthnt Pfepafe financial 8tslemnls on the c(rtern basis unl•s•11 OJ In4pyo&¥late to we8um• thai th• chaniabSe company Wll In bugn The Trustèes are ￿¥￿￿84b18 ftx keepry proper Krxintlng rnoyds dlK)se Wlth re•gonab •1 any the fi￿B￿al wsrtfsn of the ch￿tabl& compwy. and lo enable them to wtsure that the fmandal conwy wilh th• Act 20( They 8rv 0 responslb$8 ftrf 8al•guafdlng Ihe 8$3els of the ¢h8frtabkn and herK¢ for lng tsasonabjè steps for the preVen1K￿ p￿d detects)n ol fra4xI o rtyu1￿11&s. So fw as th• Tnj8l0￿ we Is nD rnlmnl (o# d￿ned ty Socllon 418 oflhe Coffpanipg t2￿? ol whKti the chantatAe company's audrt(K * unaware, and e¥h Truslee has taken all th8 sleps thai trbty owht lo hav• a$ o Trustee ￿ c¥Oer lo make them trare ol any aMIrt Inlcrfmalm •KI to e&labl￿￿ tr￿t the cwtsOle company s wditor * aw• ol thatinymalk)n. Kenny Imafw P•3• 9

Clty Gatsw•y Roport of tho ind•p•nd•nt audltor to the fflèm￿r8 of Clty Gatsway Oplnlon Wg ha￿ audrted t￿ fmarKlal stalen￿ ol City G8leway I'lhe parent th¥ity') Ils sub¥+diary I'the 9roupl for the ye¥ ended 31 Au9usI 2021 comwls• the CM8olklated Stsiern￿nt of Fin8naal hLtivrtlos, tr C<ttWatsd arml Parent Charty Balance Sheets, Cortsolbjated StsterrKnl ol Cash FIuw8 afKI notes to ncial ststeThwts, indudirwj a summary ol yJnrf¢•l accotsntlr¥J polKles. The repcrtting frarrthfjrk ltsl has been app￿ In their prepar8ti¢n 1$ a￿l¢th law and Urll•d ￿ngdoM A¢￿￿Th￿r¥I SLgndwds, irscaudin9 FRS 102 "The Finanoal R•rthng Standwd •ptrA• In tho UK a￿1 Repubk ol Ireland" Iunltsd Genefaty kn•pled Accountsng P¥aciK¢}. In our (YirlK￿. Iho fmwal statewnts: e a tru• ¥rfbd falr VIN of th Stat• ol the gftyjp'i WKJ Ih pawt thwty'j ￿ 88 at 31 Augu 2021 gnd of the grTrJp's incoff￿ arKI expBfidrturè y•ar ilxn efvJ8é" have been F￿pety prye¢J in with Unrted KirYJdom G8nW AccoJnllng Prxkn. and have wepared m K￿rdOl￿e thè r•quIr•M￿lI ol th• C¢xrP￿l￿ Act 2(th. B••h for oplnbon conducled cw aud& kn 8coxdar￿ Wrth InlematKwi S¢andard6 Cfb A￿J11n9 (UKI IISAS IUKII and appllcable law respons1￿lItIeS under Iho8• slandards ar• lurther descM)ed in Ihe AL#Jknf8 rn¥wsiblld5 Ihe audrt oflhe finanu8t8ta1eff￿ts sect￿￿ of(wi rewt We arn Inde￿ndent ol charrty th aCC￿oar wrfh the el￿￿1 requYem•nts thai ¥• rél•vant lo our ￿drt of ts financ￿ slalery￿ in Ihe UK. includlry th FRC'S Elh￿81 Standard and we have lthled eth￿( respontslitlès kn accordance quirenrts Vl• belthe that aLKlil eVtsj•n￿ w) have obtawl15 ouffrJBnt aThJ apwoprnle lo wovlde a ¢xr opffi￿n. Cortlu•lon• rnl•Ung to golng ¢oDc•m In auditsng lh• finan¢wl slal•ftKints, hav• I￿￿1[￿1•d IM Ihe I￿81088, of thfr 90ts￿ b8sK8 of )unilng m It yepar8kn￿ of the f￿￿141 ststennts is apwopnale Ba￿d on Iho work we have prIOrn￿d, wm haple Ml•ntnled any malertgl urbC¢rtalnlSes relallng lo events or ndit￿n8 Ihal. indwKiually ￿ cdlgctivety. casi svJnifwt ￿￿bt on t￿ group's crf p8renl chantys I￿1ty lo coniinuo as a conc•m ￿￿￿￿1 ol 8t108s1 twolve rrhxtts Imm Ttwi Ihe financiHI staff•nts are aUth￿'Sell frx ￿sue. Our reswwts'litss aThJ IM rbw)nsknifdo8 ol lh• truitots t#lth re8PKt to cc¥K4m in I levwt secljong ol It49 repryt. Oth•f k)forniallon The infonna1￿￿ comprise5 the inftm15on in lh• Trusl•é'• Report thr IMn flr￿nc18l IiatémTrts and cwr audttc<s rewrt ihefeon. The truslees are respwsible forthe olher 1n1ryr￿￿. (￿r wnion on Ihe financwl st8temwt5 doos r¥Jl co￿r the Ot￿r and, ¢xcèpl lo th8 •xthnt othéphts• 0￿1 stat•J m (yjr rewt, w• do express ¥y ol as$uf8rte th¥￿n ID wth our 8udrt of the finanriol SI&n￿ts, fesponsitxlity18 to road lh• othw and, JcNng ￿. conS￿er Whet￿r tr othef Informpnon is MgIef￿1ty irKonst5tenl with finarwl stat•nnts. c our krKwWe oblainJ in ¢ourn• of lh• audil, of olhorrto appears lo ￿ malefiaty rn1￿1ated. 11 we hjenbty sucth m91￿191 mc0n94lerK￿ Of apparenl matenal missl8tsmenlS. e rtquKed lo d•t•mine whèthèr Ihe¢8 ts a mAtwial In th• Inanclal slalemonts ￿ 8 mattr￿1 M¢ssiale￿nl of Ihe olh knlc¥malKm Ir, bgse¢Y on the work we have perfornw, we Ih4t Ihtrn o a matwal nsslai•n*nt ol trtis olh8f in10m￿l￿fi. arè reqtsir&l to rop)rt that lact hgye nothing to rewt in this W. Pw10

Clty Gat•way R•port of th• Independent audltor to th• memb•r8 of Clty Gateway Oplnlon• on oth•r m•tl•f• Pf••Cflb•d by th• Comp•nl•• Act 2006 In our 0￿￿n. bB90d work uThlwtsken m t￿ COUfM of the awl IM Inlomwts¢)n gNen In the TTustse's Report vthlch Irbcludes the 01roct￿, Report prepared th• rpostt ol conwany Iwat, for ihe finanoal yeDr wtK the fmantsal 6talemenl8 are pfepared i conyglenl ¥rtth the fIrW￿l¥ statennb. arml Dtrect￿3, ReFrf)rt irKluded vfithin thg TnJ5te•'8 Repryl ha8 prnpared wi ac¢ordwKo with Wl rtyulrnfflents. M•tt•rn on whkh w• •rn r•qulr•d to r•pDrt by •x¢•pUon In ol lh8 knthv18dw and undwstaThJiry of the caarty and rts environ￿￿nt obtslned In th8 c¢Jurse ol th8 I￿￿t we hvrfe thntsfied m8lenal misstalefwlts m tho Dirociors, RepcKt mckbded ¥nthin the Rep)rt of the We hwe nothing * r¢kK)rt in resK¢l of mittérn kn Mlaik)n lo ¥thkh tr Companwj AL 20 us to rnp￿ to ￿11, In our tyin￿.. 18quale ar￿ pw accountlng I￿1)ro$ hw• rKI bo•ffl kert (Y retums •Jw81o for our aLKJ h•¥e nol Len rKetrrtl from br￿￿1￿$ not visrted by u5., or Ihe f￿￿¢￿1 $talr•nts arè not In tyreomnl with the 8c£ountin9 femrd6 and Qf certam db8cb08ur6s ol Irusltt8' remufwalknr+ swcif￿l by law are not m&le', we have rnl Twxpied all the infomK•tsn arK1 •XF4analk)n8 wo rnqutro tor c￿r ￿t. RMpon•lbH1U￿ of Tru•to•• As eM￿alne0 fulty in the Iruglev, re¥)on5itslities 8t8twrnrt 8•1 rnrt on pagè 9. trU￿e¢S Ivtho are 8190 tho ol the paront chaity lor thè wrpO￿$ of company Ivwl are lor the preparatiw ol the ffina￿￿1 slatements and for teing gatisfied that they gw 8 tru¢ and Iw'r vlv4V. and lor such ￿ternal control the tn￿1￿•S determlne Is néc•ssary to enablfr preparatm Offw￿)cIa1 slatements Ihal are free fr(Kn ma￿181 D￿state￿￿n( vrt￿ due to frBud or wrN. In rrfeparlng tho firtar￿1 siathments, Ih• trustees we respons￿le lof 855essm9 the group's and tha parenl charrty's ablity lo conlmue a8 a goiry th'sclo￿"ng, as appltsblo, matters rolaiel to going corKm and using wng c4)ncom ba£ls ol accoJnllry unbtsss trustee$ erthef inte￿1 lo IWU￿?te chwty ot to c•g8e operatwns, or have no realislJ'¢ alLern31Jve but lo do so. Audltof• rnBponslblllllH lor th• •udlt ol th• flnanclal •tsl•m•nts Ouf Ot￿11¥e5 are lo obtain re850nBlJe assurance 8tx)ul whethèr the Ilnartbal #t8tsmMls as • whol• ¥• tr• from malertal mlsstatèm￿l. whatr￿ to Iraud or error. arKI lo i$$ue an 8udrtorfs report Ihal i￿lL￿je3 our op￿￿)n Re8gon8ble ¥$Bufan￿ * a h¥h bwel ol assuranc• bul Is a guaran8 that an audrt aceertdancé wtth ISAS IUKI wlll always delect a mtengl nrf8slatemenl wh¢n11 exryls mi5s18len￿ts w anse from fraLwJ or and we mldered molenal rf. indivhlually or in lh8 aggrn9atè. Ihoy couhj reas(#Mbtry •xpttled to In￿￿¢￿ IM •cMc))k <lecl$K￿$ of us•rs laken on Ihe Iiw's ol the ffinancial ststeTrnts lryulBfrt8. WKIUd￿ fraud, aro instsnco8 of non<ompllanee wth laws ano ftyulab￿a procedures In Ilno Our f•sFrt)wbrfths. ¢xJtlirbed above, to deted rnatsn31 mi55talemènts in respe¢l of trregul￿11eS. i￿lUding fraud Basod on our undgrstandwo ol the tharlty Ils xlvths. VJentrf￿d that the pmclpal rlss ol w.compllance wth l•vs wd regul8￿n5 rel8led lo ltte chwIt￿ Acl 2011. UK lax jèg161)t￿, ¢)ns legislalon, emp￿M￿l regL￿atIon and heallh and salèty rwJVla￿n, antrtrfitry, c4xruptwJn fra(•J. launoen'ng, nIY￿¢(l￿p1￿￿ wth lTrOlen￿n¢8tyjr% of govwnmenl Support Schen￿ rolalmg lo COVID-19. and wo e￿idered the Oxtsnl ID whpth non-com￿1?￿CO mlghi have a rna￿1 effecl on Its fingryjal statfjr￿nts. also considered those laws and regul8tKY￿ Ihal have a direct imp¥1 on Ihe preparatthi of the an¢471 Slaten￿ts. su¢h as the CoiyilesAc12tTh and IM CA¥1￿6$ Siatenxnt of R￿Orn￿w￿ded Pr￿1￿¥ evajated the Iru•tee$' •NI Manag￿nf3 wwilive8 arwj lor fraudule￿ manwlaikyt of th• financial 6ts18menls {incl(•Jing the risk ol twérrloè ol C￿trOl$l and delwmined Iha¢ the w¥Kip81 nsks were relale¢J to Postsng msnual PLtrnal entr6e8 to M￿lpulate finanual porfrmance, mènag•11￿1 bkas Ihfough Jtyrrnnts and assumpllons In &gnrfunl acccwntmg estmth. In parncul•r ￿ rtiM to use of restrthd fvrKl$. aThl $nfftonl owff or ￿n￿Ual trans3￿ Pw11

Clty Gatoway Rgport of th• IndoPond•nl auditor to th• m•mbern ol Clty Gatsway Our •Jdrt procedurn8 w•r• d@s￿n￿] lo • lo Ih¢M IO•ntrfied rl8k$. trKludlng Mn<0m￿lafice with I ond rngulatlons Iine9ulg1iliesl wd IrA Ihal are malenRI to the finarKial £lat•m•nl8. Ow •udil irKluded but wwe limrt@d lo: wth the tr￿te•S and ffl￿•3￿￿t their prjlclbs •)d pr￿￿1￿r•S fogafJry c¢ffolk1nc• 7Ah arml fftoulalons." . CcinM￿￿tsNg Idèr)tIW Iws rryul&tltyw ¥wwhout •rrfJ•pennt tsom aThJ remthlng to any of nw<omplh¥ui IhrthJ9h￿t ow audrt: and c￿$bJe11￿J ttbe rlsk ol Bcts by the aThJ th• w•nl ¢h¥ty vthKh ww• eantr•ry to appluble Iv7 and re9ulaip)ns, induding frawl. Our wjll woc6dure6 in rnlaibn lo tra￿1 Ir￿ded bu¢ not IknNtsd to.. Making ol the trystses •fvJ mnagornil they kno￿odY ol SUSFeCted or alleg￿ fr￿d,. on underStsndi￿ of th• lTht•mil c(rtrc4• esWffjld lo mttrJat• rtsks rel•lad to fr8utr, Ihcusswlg amwgst the enw•m8nt téam thfr nsks of traud". arKI . Athlf•sslrfj th• n•k$ offr4ud IIwou9h managamint¢)v•ffkl• olcontrolj by p¥lomltr¥￿rn1 •nty tastr8. Thw• are ￿h￿ent I1￿￿tat￿￿ In the 8LNIII prtt•durns dexrthd above 0￿j the M8p￿SIbil￿ lor the prvvent)M del8drt)n ol l(r•gul¥lWes IrKluding fraLbJ rests wtth management hj with any aud¢ I￿re rnmalnod a rk of n￿-d818￿￿n of ryulanlles, as IMs• may mvofve ¢4￿5￿)n, forgery, mlonllonal omissk)ns, m16TrFxffion1ht￿ts or lh• ov•rrhl• of Intemal A Iuftrlw d￿npl10n of ow rosponsibilrts tor Ihts audrt ol Ihe f￿an¢￿¥ $talemBnts is hxated on thè Flnand81 il•• ol th• audlt r•port Thks repcrft ￿ made 5olety to Ihe thwfty's rmmbérn as a txth kn x¢ord8nce wth Chaptw 3 of Part 16 of the Cc¥npans Act 21J)6. wdrt AVfk Iw boen undBrtsken so that mlghl state to the tharty'5 tho&e mBtter5 we we feqLtired tr16ts1è to Ihem m an a￿111r<S rep)rl and ft rKI Other wrpose. To the fvlsl exleni pèmiilhd by law, w8 do rboi accepl ￿ 8ssum rnspOnS￿lIrtY ¢Xlw than the ¢hw¢y and tho ¢harMy's as a body lor our aL¥JII MYKk, lor this rep(Kt, or for the opin4Ms we hav• Irn Nlcola W•k•fl•kl IS•nlor Statutory Audltwl For •Dd on b•hall ol IAaz4rn LLP Ch¥ternd Accountants and Slalutcry Audtr 6 Sutton Plaza. Sutton Court Ro*J, SLrtlon SM14FS Da￿.. 23 February 2022 Pag• 12

Cfty Gatoway Consolldated SlalemMt of Flnanc5al Act5vitlH for th• y•ar ended 31 August 2021 G•n•i•l Fund• Ro•trfctod 2021 Totsl 2020 T¢X•l Fund• Fund• Fund• Not• (nole 21) In¢0 tknwbons and l•ga Irom Investh*rtJ 440,641 110.676 551.317 59 1,1)46.575 980,811 458 733,109 7￿.610 255.957 Total In¢om• 1231318 1597 gS1 1714378 ExpMdltuM 1.205.631 381.099 1.588.730 1,7CA8.103 Total •xp•ndftur• 1,686 730 1706 103 NEf MOVEMENT IN FUNIYJ 11.221 8.276 Total fiJnd$ brwht forwwd Total fund• c•frf•d t¢)￿•1￿ 21 117 821 AJI armunls r•lats to e4)ntknulng aclfvtiiè8 8TrJ thoro are no oth¥ 981Ths w loJ•ts cthèi than as diac1c￿ed the Slate￿￿1 of financigl acthyrt￿s. Page 13

Clty Gateway Con•olldated Balnc• 8h••t at 31 Augu8t 2021 2021 Not• FIXED ASSETS Tan￿bI& assets 177.243 20.898 621 145.193 10,852 821 198.782 156,ee6 CURREpif ASSETS Debtors. anKiunts la1￿9 duo wmhin yw 10 Cash al bank h3nd 148,367 89,254 788,970 751,894 CREDITOft8 Ar￿Tr￿ falliThJ du• ￿1rb yg4r 11• 1528,5e1) 1317,135 NET CURREKf A8SET8 282 409 434.759 CREDITOR8 Aft￿unts lo11￿9 dug aftér than c 11b {343.350) 1484.8251 NET Assm FUN08 UnrestrKed lund8 12,13 117,821 92,134 TOTAL FUNOS Thwe iln8ndal Slft￿nts have beèn wpared In with th? sp8¢lal ol Pwl 15 01 the Cony6 Act 20tQ relaWfVJ to $m81 compan*88 aThl have been audrt¢d under Ihe Companlos Acl 2[￿, The finan¢kg1 statemnts we ap￿￿d ty Ihe Bo¥d ol Twulees on .... ......... ... 2cr22 wye sffjnld oft its by: K•nny Imafldon Page 14

Clty Gatsway Charlty Balan￿ sh••t at 31 Augu8t 2021 20 2020 FIXED ASs￿s Tangiblè assels In¢ang¢tle a$8•ts Ir+￿stmen18 IrNe9ty￿I in wbdknry 177243 20.898 145,193 10,852 621 11K) 198,862 156.7tt CURRENT ASSETS DÈblors. amouftts tsllirlo due within y•ar 10 154,474 91.869 794.243 748,1)S5 CREDrroR8 An￿UnIS lallng duo within yew 11a {S35.688} 1307,0411 NET CURRENT A8SErs CREDITOR8 AJTthnts lallTrJ du? after r￿r0 c 1343,350) IW.8251 NEf ASSErs 124 067 FUND8 Gènèral fvnds R•JtrK¢d fvnd• 12,13 124.LK7 98.499 TOTAL FUNDS These fin8n(i818taleNwts have been yep8ffjd in excord￿ wth th• •po&al of Part 15 01 the Companles A¢A 20￿ ￿l8￿n9 to small chantable wmpaThes and have beefi au¢knd urkler the Crynpgniti6 . 7wef• $19n•d its ty", K•nny P•3• 15

Clty Gateway Con8olldatsd Statom•nt of C48h Flow8 for th• y•8r Ond￿ 31 August 2021 20 2021 2020 2020 8,726 Adjustrnnts tr. D￿recIat￿ 54.810 15. (591 (59.1131 63.152 31.188 10.852 {4581 139.8911 274,313 Inltresl mcome Tr and othèr detknl Tr¥th ono other credrtor• Cash flowa g•n•rnt•d by i)p•ratlng adl¥ltl•• 86,907 284,279 Pufchgse of woperty plgrt eryiwrrt Pur¢has• ol Intangible fixed assots Ini¥est rtceN•d InlefOs1 p8KI 186.860) 125.942 59 (7.228) (654) 458 (5.677) C••h u8•d ln Inv•8tlng •cdvkl•• 1119,9711 loo￿ I￿£1¥ed in the y• Loan8 rnpaKI In y•ar 110,￿* 13.353) {37,9721 Calh g•n•rnt•d by Iln•nclng •¢llvld 12.0 106,647 N•1 Id•¢r••w) I Incr•a•• In c••h (22.03n 390,730 C••h bal•￿• •11 $opl•mb 061640 271.910 Caih bal•nu at 31 Augirdt 6818 Pap 16

Clty Gat￿rny Note8 to tho financlal •tatsm•nts for th• year •nd•d 31 Augujt 2021 ACCOUIITING POLICIES Ac¢ounthw ¢onv•Mlon The finan￿1 slat¢merts hjve been preparnd In fxcffllwKe vrith ko)untlr¥J Rwbn9 Charrfs SIaleff￿E ol R•¢oft¥MTrknJ PrKIice 8pbbg lo charlrk•8 yeP￿rIg ththr x¢ourts In cora￿¢• wllh the Fi￿nCL•l Reporting Sland¥d applKable in the UK of Imland IFRS 1021 lelfth 1 Jwuary 2019) . IChanls SORP IFRS 1021) and thé Cmynieg Acl 201X. Cty Gatff￿ nwts the déflnthn of a wb14c benefft enlity undef FRS 1WL. A￿ts arKI li8biM8 arn knltlalty fecognised •1 histofKal o)61 or transxlk)n Val￿ unless statod in the rele¥8nt ac(xunbng ffA8($). Ik#Jw fA08 of lh8 c￿￿101 Acl 2000 th¢ ciy)wiy Is frryn the requir￿)￿ to present frts thvrs St8ternent ol Flnancial acllvlith. Th• surplu• ts the ￿1 tr th• th￿1#￿10 pwenl company was £11.102 (2020. surplus ol £7,771). The Inrtees cOn￿der that It Is •pprrJpnate lor the￿ finww'al stal0ffn￿ ￿ bo pyewred 4)n Ihg going CQtKwn b•8bS the IBVOI ￿8860tr trlè tor•ca81 r•w#• tor 2Q2QV21. Iruslees have rev￿rnd dela1￿ ca6h fltyw prol&a¥Jns lo 31 ￿￿ary 2023 Bolh SOUfCeS ol income and types of expeThJhlur• ha￿ been rev￿e￿ wKludiNJ sonsrtNty anatyw. Th• ¢h•rlty l• t•xhlrbg 8lud•nts In P•fson •nd our curr•nt fundlng ￿1th•￿ f•m•ln ¢omrnltt•d to •uppDrtlng d•ll¥•ry of ourmhslon In th• m•dlum to long t•rni. Th¢ trustees have c¢nsldofthJ Ihe thwity'$ working caprtal and captsl expendiluie rpquirements. As a rt&un of tho Ihe InJstse8 ale sallshed that Il I aFwwlate to prnpare the x4>)unts on • ¢oKwn b88fj. Incom• l Incon￿ 18 In￿ded on tha Ststemènt of FlnatKlal knts'vth$ (SOFA) when ts13 •nllll•d lo th¢ Inc(xn• lh• amount can ts quan1rf￿ with &￿ra¢￿. Ir￿or￿ rec•fv•d sn advonce on contract5, perfrmm rnlaleA1 grants and grafiEs x fvluTr is carr￿d Ihrou9h t¢ Ihe Balance Sheet as d•lefred bncryne and induded in crtyjilors V¥t•efe It It Probable Ihal Inc0ft￿ rttelvod ￿11 be ￿, Ihi¥ 8ftwni rd In th• SOFA ag an a￿1 IB ¥KkwJod ¢)n ts ￿anc0 Shèét as a credllof. exp•ndftu EX￿nditUre Is x¢t)untod on has ￿ cssffled undw that 499reg&ts 81 ¢osl eat•kory Vtherfr cosls ￿nn0t be direw attrrbLtltd to path1¥ h•ading1, théy th• b••n all¢xaknJ to o bw cAMNsté•)i with of f¢oourc4s. •wlbl• fix•d ••••t• sor￿￿• cools hove GBP.rt81￿ al htsts¥k Mst and antt)rl￿ on a str•wJM.Urn b880 belwwn 2 yOor8 arKI 5 yOArs. Tnglblo blx•d M••ts Depreoallon 18 pro¥K18d at ralfr8 culated kn onlèr to off Vdch asset eventy over 48 esbffd uselul lrfe IndNKlual costthg undef £1.Cth we wrrtlen off on purchase. Estlmat6d uufvl lile of )vef th8 pédod ot b•as• -110Sye 4 yews 4 yews FIx¢u￿$ and fftknng5 Compther eqUlFrnt MotQf ￿hIcleS Pap 17

Clty Gatoway Nots• to the financlal 8talom•nts for th• year •nd￿ 31 Augu•t 2021 ACCOUNTING POUCIES ICONTINUEOI Taxatlon The ch8nty1g exomp¢ thx M 8 ¢•llai4• Fund •¢countlng Unrestrlcted lunds can bfr uwj In ￿¥1￿d•nce ith ckntablè obpthos at tho dwetion ol 11 trustees t)wrnaled funds ats 1hr￿ un(•sIr￿￿ I￿)d$ thfr I￿￿t•¢& hvve to b• u8•d for a partl¢ular PUfPOSe. Restrl¢led can be used for partkLd8r r06th¢led P￿[#)6@6 wthh th• of th• 1gwlty. Re5tri¢lknns when specifiéd ty Ihe or when fvnds we f•wd for p￿ti￿lar restrthd Furthor a￿1•nOt￿ of thg ￿8￿re bd purpo8e af 6gch lund li thd•d kn thé rK)l•s kn th• fin•rbU Opefallng ha•0• Ron￿13 paKI undef opwatry 89eB aro tharpd to the statemnl of aclfvlty8s on a Swht. Ilne basis o¥ef the ol the leas•. P•n•lon •ch•m• Th8 charrtable company operates a dBfiDed pen6ion thé p￿11c￿ iewèsénts th• afftJJnts pay&A• ty ch•nty ￿ lh• fvTrJ In feop¢¢l ol th? yw, Pa9• 18

Clty Gatsway Notes to th• financlal 8tst•m•nts for th• year end•d 31 August 2021 VOLUNTARY IP4COIIE 2021 2020 Indp•pJual dwalh)ns & Funthiging events Corwate donatw$ Gffts in kind Isaè not• 17) 37,161 262.867 7.319 33.¥X19 863,603 9,329 551317 980.811 Cc¢wral& donalws wKlude £110.676 {2020'. £449.125) ol ré￿￿1*s donabNw Al in the cwrfent J)d wlor y￿r are ￿n￿trth. COME FROM CHARrrA8LE ACTMnE8 2021 2020 074,556 369.628 2.391 408,110 315,356 9,643 grants and c￿tr￿ty APPren￿$h•P Trainin9 Ag•norf 1.016,575 733,109 grnnts cffilrath IKludo £255,957 {2020.. £307.3561 ol reststhd All alh•f bd•ices In the currgnl a￿1 yew ar• unr•strIc￿, Stamory relates lo ft£•fv•J from the slate ¥ stsluw Iniernxdi•ry kw. APprent"￿e$￿iP Tfwning frNn •mthw8 In fe¥Kt of appr•ntKoshlp PI￿ll￿n￿. p4• 19

Clty Gateway Not•• to tho financial •tst•ments for th• year •nded 31 Augu•t 2021 EXPENDITURE ON CHARITABLE ACTNmE8 you￿4 P•opl•'8 •duutlon, tr•lnlDg and pvogr•8•lon Famlly Prngrnmm•• Apprnntl¢. hbp Tr•lnlng Agfrn¢y 2021 202Q Dir•¢t tharltsblB xllw'lleB 9￿1 CQgts 490.295 407.116 198.319 164.674 178.286 148.040 n7.676 28.427 719.830 To¢•1 8•7,411 2,993 328,328 1.588,7JO 1.706.103 Support ¢o•ts brok•n d1>￿ by •¢tlvtty

)r mana9pn*nl

Finan￿ & contract Premmeg. FK4liliès & IT HR & Staff deveknF47)enl M¥kelin9 & ¢cffimunieation 78,778 163,089 99.231 21.170 42.709 4.139 31,056 65,968 40,138 8.563 17.275 1.674 27,919 59,305 36,083 7,658 15,530 1.505 135.753 288,￿2 175.452 37.431 75.514 7.319 184,298 250,3￿) 225,428 108,387 160,598 9.329 Total support ¢o•ts 407,118 164,674 148.r)40 719,830 928A27 rkn chartsbl• thlliO8 kne￿de £381.099 01 exwrKlrturn ocf20'. £469,294> Support costs kn¢1￿les £fiil of resthcled exwdilurn {2(r20,' £272.7211 All ¢th•r bd•K811 urronl ond s¥w yoora ar• 17 for delalls of 9lfts kn klnd. The ApFwenb¢e8hlp Tr•inkny Agow IATA) Off￿ swvw trb •nFtyéryd to I￿rCe, affarwje and host apprénlk•ships. The mapnty ol ex￿￿11￿(0 associal•O ￿th the ATA relgtes lo tm ¥Ages of hosted apprentices Cty Gat￿aY olhrs the emp)yern rt wths wth a ctsJlc• ol Hosted of awèntlcos thwh Ihe ATA or Direcl Empljymeiit ol apprentKeS Th¢ value of ex￿￿J￿￿re assodated ith tr* ATA is d•p￿d￿lt upon lh• I￿￿ made Total expondllurn rolatad lo ATA hos d￿ye8￿1 by £18.979 from £167.019 in 2020. IA GOVERNANCE CO8TS Iln¢lud•d In Support c￿t8 •bov•l 2021 2020 Aud11￿ ￿￿￿neral 16.152 14.975 Ptye 20

Clty Gat•way Not08 to th• flnanclal •tat•ments for th• y•ar Ond￿ 31 August 2021 5b. NET INCOME I IEXPENorruRE) Not nYJ¥wnent3 in fvrx18 Slthl aftef 2021 2020 A￿1￿8 rWnunW8l￿- f• 18,162 70,71 14.975 42.040 139 978 TRUSTEEY REIJUNERATION AND BENEFrrs The Chgii was nol p8KI the year ended 31 Augusl 2021 or y8ar érth 31 Aug(￿1 2020. No other tsuslee rKeNed any renwneratM)n durw the cur￿1 or pow ye￿, TN8t••8' Exp•n••• No tru$tee$ claimed expanw tho yew and•d 31 Awst 2021 ty the 31 A￿V5t 2020, STAFF COST8 2021 2020 918.773 87.588 58.256 1.016.563 93,432 SLial 8•¢urty R￿lUnd3ncY CC>sts Other Staff costs 8,223 Tho 8vowe monthty rMJrt•r ol the year was as followj.. 2021 No. Pemwnent slaff Enwbyoe8 who oamJ ih•n £6o.IYJO p.a. awe aj 2021 No. 2020 Pk•. £eo,001- £70,000 £70.(K)0 . £80.(M)D £120,001- £130,000 Kty ma9wrtht Fefsorffiel tra Ch￿1 EX￿Ul1Ve Offi¢e DitsctNs The tol81 eryOa benefrts ol th¢ key nNinaDen*ni p8rsor•nel of the chwty £324,489 {2020. £29J.918). P89• 21

Clty Gatoway Not•8 to the finan¢l418tst•m•nts for the y•ar •nd•d 31 Augu•t 2021 TAMGIBLE & INTANGIBLE FIXED A85Er8 GROUP & CHARITY L••s•hold Flxtur•• C4MnWrt•r T•nglbl• Prwrtl •nd Equlpm•nl FIX Ilttlng• IntsngllJl• Fl¥od TOL• T￿•18 COST Al 1 se&rteM￿r 2020 165.886 16,039 20.002 200,927 38.081 25.942 At 31 Augu•l 2021 13,039 106.162 DEPRECIATIOKIAP4ORTI8ATION At I Sepl8rnb8f 2020 Charge for Ihe year RO￿45&1 on d1£r￿SaI 32A97 16,589 13,348 33.797 06,734 rA,810 27,229 15,896 4.424 At 31 AUg￿t 2021 49,086 14.313 47,146 110.sm 43,126 NEf BOOK VALUE At JI Augu￿ 2021 116.100 Sg,717 177.243 200 133,389 5.150 146,193 10162 At 31 Aupust 2020 FIXED ASSET INVESTMENTS GROUP AND CHARrrY lslARKEf VALUE Ai 1 Semember 2020 and at 31 2021 NET BQQK VALUE AI 31 Aug￿1 2021 821 AI 31 AUg￿t 2020 621 T1￿ TWtr• iiv•stmonl 88Ml8 outskh the UK. INVESTMEp¥fs IN SiIBSIDIARY COST At 1 Septentsf 2020 at 31 A￿L*l2021 Pago 22

Clty Gateway Not•8 to tho financlal 8tstam•nts for the ye4r •ndod 31 August 2021 . FIXED ASSEf INVESTMEKfs ICONTINUEDI Profft for th• N•t Ilablllum •t yfraf endod 31 31 AUg￿t 2021 Atsgu•l 2011 8ub•ldl•th Inckxl•d In eon•olldath)n % of capll•l h• A¢tfvllS•• OpefBtion of Cty G8tew¥y Entorwkni Apwentkeship Lmtted TrBining AgerKy 6.254 118 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 2020 19.061 Acuued Inc( 92,152 56215 34.075 148.￿7 89,254 CHARffY 2021 2020 Oebt( 19.081 38.098 33.887 2.B03 92,152 56,1( 6,216 Inlwojmpony d•btor• 164.474 91.889 11•. CREDrroRS: AIAOUNTS FALUNG DUE VThIN ONE YEAR GROUP 2020 16.408 {220) 23.460 117.196 321.491 48,228 43.110 1840) 23.948 105.382 107.$83 37.9n VAT Other crgdrtorn £CN8ts Other rt)te 11c} 526.581 317.135 CHARITY 2021 2020 Tr•d• (xodl Olher ¢yedilc kcruaL8 18.408 23,467 116.096 321.491 48.226 41.910 23.955 98,032 105.172 37,972 Cxhw bang (aee note 1 Icl $25.688 307,041 Pw23

Clty Gat•way Not•8 to th• flnanclal 8tat•m•nts for th• y•ar onded 31 August 2021 11b. CREDITORS: AMOUNTS FALLWG DUE AFTER PJORE THAN ONE YEAR GROUP AND CHARrrY 2021 2020 127.591 278,559 10,0 88,675 196,553 10.000 70,449 Lo8n8 343.350 484,825 11¢. IAATURITY OF LOAN8 OROUP AND CHARrrY 2021 2020 Loans wayable y•w or Between one and h¥0 yearn 88hvoen two and fve yew8 48.228 37.243 30,555 2.651 37.9n 41,118 27,557 118,675 1(ffj.647 Th• charity hos two dwn d¢)wn ￿ 2019r20 wh•* are unseorf•d b8adng ￿ter0& * 8%. UNRESTRICTED FUNOS 12. CHARrrY A11 S•￿mb•r 2020 At31 Augu•l 2021 Trnn•hr• Inlout kn¢om• Exp•ndllur• Vnr••trlct•d lund•: Gonwal tunds 98.499 1228.V26 11,203.3581 124,067 GROUP A11 9•pt•m￿r 2020 At31 August 2021 Its￿m• Exp•ndltttr• Inlout Gefberal fvnds 2.134 1231,318 11.205,6311 117,021 Pag• 24

Clty G4t•way NotM to th• financlal 8tat•m•nts for the year end•d 31 August 2021 13. RESTRICTED FUNDS GR¢JUP AND CHARfTY At1 Soptsmb•r 2020 At31 A￿￿￿t 2021 All Churds Tntsl Arr￿Id Clar ALrt(xTh>biles timiied Awards for All Bank Workers Charlty 8efeley Foutxlation Cenierbrldge Charle5 F French Chaiitsble Tfttst Ford Bdtalfi Trust G￿ater London Authority L&Q Lady Fatemah Trusi London Catstyst Isamarrian Grant) Man Group Ocean Ilege￿latiOn Trust Parent Zone Serco Foundation St james Place State Street Street Games The 28 Mty 1961 Chorltable Trust The Clothworkers, Foundatl¢n The Rayne Fourrflatlon 12.500 750 1.850 250 16.819 41.667 2,648 2,304 24,IJOg 15.[ 4,Tr)0 112,500) 17501 11,650) 12501 (16.819) {41.867) (2.648) (2,304) 124.CQ9) (15.000) 14,iY)O) {1,¢XJO) {45,¢YJO) 134,8861 I1,(Y￿) {S.c￿)I (30,0(￿ 1100,¢XiII (3￿ {20,(W) 114.486) (7.850) 30,0 100,0 3LXJ 20,OIXI 14.4e6 Toial rMlrkt•d fun 14.416 316,633 381.09 All Chuf¢hes Trnst Amold aark AutomoblSes Llmlted Aw•rds for All Bank Workers Charlty eerkeley R>undatw)n Cenlerbrid8e Cha￿$ S French Charlt4ble Tntsi F¢yd 8rtialn Tru Greather London Authofity L&Q Lady Fitemah Tn15t London Cataty51 (SI￿￿11•n Grnnt) Man Group Ocean Re8eneratlon Tru Mental Health and counsellln8 SllPPOrt Famlty Support Hollday pr(Tramme FamSty Support Worer & Holiday Programme Contrlbulion towards the cosl of On apprenticesh Youth wogramme Support City Gateway 3 Yeai Growth Plan Support yO￿h programme G&ieway acthrftks support Refu￿•Shed laptops the learne Covld.19 response Icapltal fundin81 Employability programme Svpport Capital support to Youth PfO8ramme To a￿l$t Wple h) se4ere need. Youth programme Support Wonw)'s pro8r4mme5 at Stepney Lile Cent Page 25

Clty Gateway Notes to th• financlal 8tstsments lor th• y•ar •nd•d 31 August 2021 13. RESTRICTED FUNDS {CONTINVED) Parent Zofte Seico Foundatlofi Sl James Place stsie Stieei StreÈt Games Support Women's pfoRrnmmes Appreniice5hip delivery Support Student sUp￿rt Programme Youth proyamme Support Donalion Io Pufchase 12 x headsets Youth pro8ramffle Suppori INEET a8ed 16.24 lace muttiple dlsadvanla8esl C¢Jvid.19 ftsponse To Supp)rt afi Innovathe re￿￿te WO￿ pkcement The 29th May 1961 Ch•rrtable Trust The Cknthwofkers, Foundation The Aayne Fourthtion 14. ANALY818 OF NEf ASSET8 BETWEEN FUNDS Unr•fjtrkt•d RMtrlct•d G•n•rnl Funds Fund• Tolal Fund• 2021 Tot•1 Fund• 2020 T￿9￿1 l• Fix•d awls IniL4e FixJ a88el$ Investffthts Current 8Sfets Credrtors du• wrttt￿ w y•ar Credrtors due after than one y 177.243 20,898 621 788,970 1526.561 (343.350) 177.243 20.898 621 788.970 1526.5611 343,350 145.193 10.852 751,894 1317,1351 484.825 Il•t a•a•l• al 31 Augult 2021 117.821 117,821 106,8(K) Page 28

Clty Gat•way Noto8 to the Ilnanclal statemonts for th• year •nd•d 31 Augu•t 2021 15. crry GATEWAY ENTERPRISES UMITEO aty Gat￿Y has o own¢d SUb￿diary. Clty G8lvKy ErrterpfiS•$ wtth w8$ 1rcofpor￿tsj in Ihe United Kirydom ty) 8 October 2Q12. A Summary ol ts tr>Jry 15 Slthvn b&lu4V Th? In th1$ sub5KIi&ry 18 uicknl•d In t￿ ett￿ty balgrK• Jlet at a Vall￿ of £1CKI. The nel IAbilitlts of the ¥ubsMllwy ar• £6,264 Ywr •nd•d 31 A￿￿￿t 2021 Yur •nd•d 31 2020 16,718 $0,343 281 Cosl of sas Gros$ wo 16,716 116.S981 SO,315 149,8101 R•li•d in th• 8ubsad&•ry 118 assets 01 sut￿￿ Tow llabliies of suLwJwry 1.C63 (1.317) 7.373 (13.7451 EqLsty $harehCl•rn' 08fdi Slwe cwlal (6.2541 1CKJ (6.3721 Net kati￿ltI 18.1541 {8.2721 16. GiIARANTEE 8TATU8 Th• company IJ Ilnwted by guarnnt••, wh& rmans that 4wy fixmber urrflertakos to corrtrltwl& lo the ts ol Iha th¥lty In th• e•nt ol a vrnthng up. arYw>JFIts as bg wuirnd not exceethg on• pound. 17. GIFfs IN KIND DuriNJ yw lh• charfty féet￿4￿ seplces In kind from cO￿Dra1 •upportW8 udtsj rocyn ￿re ts varw evenls. a $lroy revlth¥ arrtl Wl a(fvtt thI(Mit￿l the y•ar a6 well as ￿rK￿9 othèr kw•ds ol support. specif￿ Iiems have been delail•d b•kn. olher sorviceg ha¥• not been I￿luded In the finarKxal 818tennts b￿1￿0 the tru$iee$ hwle ￿t been able to aC￿ra￿ a88es what lh• Value of I￿se wnounts to 20 2020 1.239 8￿18Th1n W Asx¢ InnexMJn SMrwc4)d PSF Ccm¥Llting Lmril Denlong LLP Edtn Mccallum LLP 1.929 Totsl 7A19 9.329 Page 27

Cfrty Gateway Note8 to the financlal •tstsm•nts for th• yur •nd•d 31 August 2021 1•. OPERATING LEASE cOMmI￿NTS AI 31 AL¥d￿l 2021 th• ¢h•rly h•d cCthmllm￿1i uThl•r n￿4f￿11•bkn opgral¥ig 1•88•8 86 IDIIM: L•nd •nd lJulkllng8 2021 2020 Less 1 y￿r 8eW 2 and 5 yew3 193,402 177.285 1S1.188 419,038 Totsl 1•. RELATED PARTY TRANSACTIONS Due to It￿ n8lure of the Charity's oFwalion$ and con4>)silw)n ol ts TnAt•tt. kl that thwe vldl bt transaciions bm• 10 tlme behveen lh• Chanty and cyganisaljons wrth whlch Truslees ol the ChBrity have 3 f￿ati￿ShIP If 6￿h IMwlK)ns do Ihèy are on an amFkngth bas and In Comp1￿ce wlth th• che￿.$ Flwthl RegulwtKrfN and P(w9, th• pedtrJ. Crty Galtrway ew•pJ In Ihfrldkwng tranSKI￿ wilh th WI￿ I)￿•Y sub8wJary Cty Gateway Enterwts¢6 Limrted. City Gal￿￿¥ r￿￿ed di5tr&wtions of £nll12020'. £nif) frrm Clty Gatthvay Lrnllad. Cty G￿eWaY Enterpri￿$ L wr￿ted fedwged c4yNthnts' o)sls 01 £14.325 (2020.. £40.70D) to Cty Gatoway dufing the y•¥ As at 31 ALWJUSt 2021 a balance ol £6216 (2020: £2,803) wa8 duo from Cty GaWkny Er)tsrww8 Lld. PENSION COlmatfMEP sep8raiety fr￿ those of the ￿)￿ m mdewthnity •Jmin4tered fiJnd3. The pension cost (*ar ftyresents contnbubM$ payable by the thaftty lo lh¢ lundsand an￿(￿lad l0£58.25612Q20 . £62.0001. Al the year there were tyJtsl•iding refunds ol £nil12020". £nil). P4• 28

Clty Gateway Nots• to the flnanclal statements for the year endod 31 August 2021 21. COMPARATIVE STAIEA1ENT OF FINANCIAL ACTivmE8 G•n•rnl fund• R•trkt4d Funds 2020 Ti•l Fund• $31,686 458 425.7S3 449,125 980.811 458 733,109 In¢orr* from Investswts Incorm trom ch•rtabb J)7.3 Tot41 In¢om• 957 97 1714 378 Ex￿ndIt￿l• 964,IM8 742,015 1.706.103 Tot41 •xp•ndltw• 742 01S 1706 103 N•t l•Mp•Trdltsr•Vthcom• 14A66 O,T15 Tctsl fvnd• forwwd Tolal lund• ¢afrl•d lorward 14 92 13￿4 6 Pagé 29