TWICS (Training for Work in Communities)
A REGISTERED CHARITY
DIRECTORS’ AND TRUSTEES’ REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
A company limited by Guarantee and not having a Share Capital
Company No. 3863035 Charity No. 1085977
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TWICS (Training for Work in Communities)
| Contents | Page |
|---|---|
| Legal and Administrative information | 2 |
| Report of the Management Committee | 3-8 |
| Independent examiner's report on the accounts | 9-10 |
| Statement of Financial Activities | 11 |
| Balance Sheet | 12 |
| Notes forming part of the Financial Statements | 13-23 |
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TWICS (Training for Work in Communities)
Report of the Trustees & Directors (Management Committee) for the year ended 31st March 2025
The Trustees and Directors (Management Committee) present their report and financial statements for the year ended 31st March 2025
Reference & Administrative Information
Charity name: TWICS (Training for Work in Communities) Charity registration number: 1085977 Company registration number: 03863035 Registered office: 121 Church Street Southampton SO15 5LW
Trustees and Directors (Management Committee)
Paul Lewzy (Chair) Mike Page (Treasurer) Carol Dukes Barbara Hancock Vilma M Scott
Secretary Iane Chambers
Accountants: T D Gregory, 237 Manor Farm Road, Bitterne Park, Southampton, SO18 1NY
Bankers:
CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME19 4JQ
Solicitors: Malcolm Leatherdale, Dolphin House, St Peter Street, Winchester, S023 8BW
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TWICS (Training for Work in Communities)
Structure Governance and Management
Governing Document
The organisation is a charitable company limited by guarantee, incorporated on 21st October 1999 and registered as a charity on 21st October 1999. 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. In the event of the company being wound up members are required to contribute an amount not exceeding £1.
Recruitment and Appointment of Trustees & Directors (Management Committee)
The Directors of the Company are also the Charity trustees for the purposes of Charity law and under the Company's Articles are known as members of the Management Committee. Under the requirement of the Memorandum and Articles of Association the members of the Management Committee are elected to serve for a period of one year after which they must be re-elected at the next Annual General Meeting.
The Management Committee seeks to ensure that it is both representative of our stakeholders and has the expertise to manage the charity efficiently and effectively. Trustees have considerable management experience in the field of education.
Trustees Induction and Training
Most Trustees are familiar with the work of the charity having been drawn from stakeholders in our particular area of work.
Additionally all new trustees are given a 'Trustees Induction Pack' with necessary information for example,
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Memorandum and Articles of Association
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Copies of previous Annual Reports and Accounts,
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Samples of training programmes,
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Copy of our last Annual Review (i.e. where the work and priorities for the project are decided).
New Trustees are also encouraged to meet the staff and to arrange to meet with the Chair or other experienced trustees to answer any questions.
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TWICS (Training for Work in Communities)
Risk Management
The Trustees & Directors (Management Committee) have conducted a review of the major risks to which the charity is exposed. A risk assessment has been established and is updated at least annually. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces.
Procedures are in place to ensure compliance with health and safety of staff, volunteers, and participants on training courses, contractors and visitors to the project. A consistent quality of delivery of the service is also ensured through implementation of the National Occupational Standards for Community Development Work. In addition we annually undertake our own self-assessment report (SAR) based on the quality assurance requirements of Southampton City Council.
Organisational Structure
TWICS has a Management Committee that meets approximately six weekly that is responsible for the strategic direction and policy of the charity. At present the Committee has five members from a variety of professional backgrounds relevant to the work of the charity. Representatives from the local authority are able to attend committee meetings but have no voting rights.
A scheme of delegation is in place and day to day responsibility for the provision of the services rest with the TWICS Manager. The Manager is responsible for ensuring that the charity delivers the services specified and those objectives are met. She also has responsibility for the day to day operational management of the organisation, individual supervision of the staff team and for ensuring that the team continues to develop their skills and working practices in line with good practice. The Training Coordinator has responsibility for ensuring that TWICS has a timely and appropriate training programme in place that aims to meet the learner targets set by our funders
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TWICS (Training for Work in Communities)
Mission Statement
“Empowering people to take an active role in their communities through encouragement, advice and training”
TWICS work is primarily targeted at groups and communities that are most disadvantaged and have the least access to other training opportunities.
What we aim to do:
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Deliver good quality training that is enjoyable, involves everyone and starts from people’s own experiences.
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Improve the quality of community involvement through training.
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Provide information and advice on training and accreditation relevant to groups and individuals in their communities.
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Support community networks.
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Work with statutory and voluntary organisations which have an interest and involvement in training.
Main activities of the year focused on:
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Enabling local people to develop the skills and knowledge to actively participate in decisions that affect their lives and the lives of their communities.
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Working with community and voluntary groups to understand their training needs.
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Delivering our training programmes funded by the Adult Education budget.
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Partnership working with agencies to meet the needs of our client group.
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Enabling voluntary organisations to develop their skills and knowledge to influence services and run their own organisations more effectively.
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Applying for funding and to develop projects to meet the needs of the organisation.
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Being one of the four delivery partners of the SO:Linked Service
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TWICS (Training for Work in Communities)
Achievement and Performance
We have continued work under the Adult and Community Learning Tender and in all we have provided learning opportunities to over 120 learners.
We have been working as part of the SO:Linked contract delivering community development activities and advice throughout the city.
Our training offer has taken into account the cost of living crisis and seeks to support people in making the most of their finances available. We offer our training rooms as warm spaces and seek to supply food and drinks for free to learners while they are in class.
We have offered a wide range of training opportunities, including:
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Basic Food Hygiene
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Cookery skills with members of local communities that address healthy eating and cooking on a budget.
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Budgeting Skills
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Upcycling courses
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Gardening skills
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Creative crafts courses
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Life Skills courses
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Making successful grant applications
Outreach
Outreach, both to promote learning opportunities, particularly to harder to reach groups including to people with learning disabilities, but also to discover new and evolving training needs has continued to be an important part of our work. Over the year we have visited a wide range of groups and attended many to promote our services.
Funding
This year our principal funding sources have been Southampton City Council and the Joint Commissioning Unit.
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TWICS (Training for Work in Communities)
Reserves Policy
It is the policy of the Trustees & Directors (Management Committee) to keep a minimum of £30,000 in reserves to cover staff and general running costs. This is sufficient to meet running costs of the charity and core staff costs for three months.
Plans for Future Periods
TWICS plans to continue the activities outlined above in the forthcoming years subject to successful tendering.
Responsibilities of the Management Committee
Company law requires the Trustees & Directors (Management Committee) to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the management committee should follow best practice and:
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Select suitable accounting policies and then apply them consistently:
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Make judgement and estimates that are reasonable and prudent: and
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Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the company will continue on the basis.
The Management Committee is responsible for maintaining proper accounting records which disclose accurately at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 1985. The Management Committee is also responsible for safeguarding the assets of the charity company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Members of the Trustees & Directors (Management Committee)
Members of the Trustees & Directors (Management Committee), who are directors for the purpose of company law and trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 2 of this report
Accountants
T D Gregory was appointed as accountants and has expressed their willingness to continue in that capacity.
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TWICS (Training for Work in Communities)
The trustees, in their capacity as directors, state that the accounts have been prepared in accordance with the special provisions relating to small companies under s477 of the Companies Act 2006.
Approved by the Management Committee and signed on its behalf by:
Director
Date:
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TWICS (Training for Work in Communities)
Report of the Independent Examiner to the trustees on the accounts of the Charity for the year ended 31 March 2025
I report on the financial statements of the Charity for the year ended 31st March 2025, which are set out on pages 11 to 23.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the Charities Act,
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to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
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to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
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TWICS (Training for Work in Communities)
Independent Examiner's Statement, report and opinion
In connection with my examination, no matter has come to my attention to indicate that:
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accounting records have not been kept in accordance with section 386 of the Companies Act 2006;
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the accounts do not accord with such records;
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where accounts are prepared on an accruals basis, whether they fail to comply with relevant accounting requirements under section 396 of the Companies Act 2006, or are not consistent with the Charities SORP (FRS102);
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any matter which the examiner believes should be drawn to the attention of the reader to gain a proper understanding of the accounts.
Signed:
Date: 06 December 2025
Name:
Andrew Nicholas CPFA, MAAT
Professional Body: Chartered Institute of Public Finance Accountants Association of Accounting Technicians
Address:
T D Gregory 237 Manor Farm Road Bitterne Park Southampton Hampshire SO18 1NY
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TWICS (Training for Work in Communities)
Statement of Financial Activities (including Income and Expenditure Account) for the year ended 31 March 2025
| Unrestricted Funds Note 2025 Incoming Resources £ Income resources from generated funds: Voluntary Income: Donations and Grants 2 98,585 Donated Services - Activities for generating funds Bank interest 2,276 Incoming resources from charitable activities: Grants and Contracts 3 33,719 Total incoming resources 134,580 Resources Expended 4 Costs of generating funds 3,341 Charitable activities 82,615 Governance Costs 1,261 Total resources expended 87,217 Services supplied to restricted funds 5 - - 87,217 Net incoming resources before other recognised gains 47,363 Reconciliation of funds Total funds brought forward 109,749 Total funds carried forward 157,112 Transfer of balances where obligations have been discharged or elapsed |
Restricted Funds 2025 £ - - - - - - - - - - - - - - - |
2025 2024 £ £ 98,585 51,735 - - 2,276 1,623 33,719 186,313 134,580 239,671 3,341 5,675 82,615 231,254 1,261 2,430 87,217 239,359 - - - - 87,217 239,359 47,363 312 109,749 109,437 157,112 109,749 Total Funds |
|---|---|---|
The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.
The notes on pages 13 to 23 form part of these accounts.
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TWICS (Training for Work in Communities)
Company No. 3863035
Balance Sheet at 31 March 2025
| Note Fixed assets: Tangible assets 10 Current assets: Debtors 11 Cash at bank and in hand Creditors: amounts falling due within one year 12 Net current assets Net assets Represented by: Unrestricted funds Restricted funds Total funds 13 |
£ £ - 38,753 123,648 162,401 5,289 157,112 157,112 157,112 - 157,112 2025 |
£ £ - 13,049 111,764 124,813 15,064 109,749 109,749 109,749 - 109,749 2024 |
|---|---|---|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board of directors and trustees on _______ and signed on its behalf by:
Director and Trustee
The notes on pages 13 to 23 form part of these accounts.
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TWICS (Training for Work in Communities)
Notes to the accounts for the year ended 31 March 2025
1. Accounting policies
Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
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(I) the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
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(ii) the Charities Act 2011
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(iii) the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
The charity constitutes a public benefit entity as defined by FRS 102.
Incoming resources
Income represents grants and donations receivable and local & health authority funding.
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TWICS (Training for Work in Communities)
Notes to the accounts for the year ended 31 March 2025
(continued)
Recognition of income
These are included in the Statement of Financial Activities (SoFA) when:
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the charity becomes entitled to the resources;
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it is more likely than not that the trustees will receive the resources;
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the monetary value can be measured with sufficient reliability.
Offsetting
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.
Grants and donations
Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Legacies
Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met.
Government grants
The charity has received no government grants in the reporting period.
Tax reclaims on donations and gifts
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified
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TWICS (Training for Work in Communities)
Notes to the accounts for the year ended 31 March 2025
(continued)
Contractual income and performance related grants
This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions. Any management expense element of cost plus grants is treated as unrestricted income.
Donated goods
Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.
Donated services and facilities
Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA.
Support costs
The charity has incurred expenditure on support costs.
Volunteer help
The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
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TWICS (Training for Work in Communities)
Notes to the accounts for the year ended 31 March 2025
(continued)
Income from interest, royalties and dividends
This is included in the accounts when receipt is probable and the amount receivable can be measured reliably.
Income from membership subscriptions
Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies.
Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services not as income from charitable activities.
Settlement of insurance claims
Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA.
Investment gains and losses
This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
EXPENDITURE AND LIABILITIES
Liability recognition
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
Governance and support costs
Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, e.g. allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
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TWICS (Training for Work in Communities)
Notes to the accounts for the year ended 31 March 2025
(continued)
Grants with performance conditions
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output.
Grants payable without performance conditions
Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised.
Redundancy cost
The charity made no redundancy payments during the reporting period.
Deferred income
No material item of deferred income has been included in the accounts.
Creditors
The charity has creditors which are measured at settlement amounts less any trade discounts
Provisions for liabilities
A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date
Basic financial instruments
The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP.
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TWICS (Training for Work in Communities)
Notes to the accounts for the year ended 31 March 2025
(continued)
ASSETS
Tangible fixed assets for use by charity
These are capitalised if they can be used for more than one year, and cost at least £100.
They are valued at cost and reported on the balance sheet at cost less depreciation.
Intangible fixed assets
The charity has no intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights.
Heritage assets
The charity has no heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture.
Investments
Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments
Stocks and work in progress
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
Debtors
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
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TWICS (Training for Work in Communities)
Notes to the accounts for the year ended 31 March 2025
(continued)
2. Donations and Grants
| Unrestricted 2025 £ Southampton City Council (SCC) 98,517 Donations 68 Other - 98,585 |
Restricted 2025 £ - - - - |
2025 2024 £ £ 98,517 51,481 68 239 - 15 98,585 51,735 Total |
|---|---|---|
3. Incoming resources from activities to further the charity's objects
| Unrestricted 2025 Project £ Avenue St Andrews 15,719 BIG Local - Other - Bank interest 2,276 SO:Linked 18,000 35,995 |
Restricted 2025 £ - - - - - - |
2025 2024 £ £ 15,719 12,192 - 150,895 - 5,226 2,276 1,623 18,000 18,000 35,995 187,936 Total |
|---|---|---|
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TWICS (Training for Work in Communities)
Notes to the accounts for the year ended 31 March 2025
(continued)
4. Total resources expended
| Basis Staff costs Note 8 Time Project costs Direct Tutors and assessors Note 8 Direct Accreditation Direct Procured services and bought in support Direct Premises Activity Staff training Direct Accountancy/Professional Direct Office administration Floor Area Other Expenses Direct Depreciation Direct |
Cost of Cost of TWICS generating activities Governance 2025 2024 funds £ £ £ £ £ 2,964 70,095 1,037 74,096 114,554 - - - - 44,757 - 4,535 - 4,535 5,395 - 780 - 780 35 - - - - 55,459 - - - - 2,088 - - - - 1,969 - 4,037 - 4,037 4,178 278 2,327 175 2,780 2,807 99 841 49 989 8,117 - - - - - 3,341 82,615 1,261 87,217 239,359 Total |
|---|---|
5. Services supplied to restricted funds
This represents the allocation of costs incurred by the charity to specific projects within restricted funds.
6. Matching funding to restricted funds
This represents the monetary value of services that could not be claimed against restricted funds due to either absence of external match funding or excessive costs.
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TWICS (Training for Work in Communities)
Notes to the accounts for the year ended 31 March 2025
(continued)
7. Net income for the year
| This is stated after charging: Depreciation Directors and trustees remuneration Accountancy fees The directors and trustees received expenses during the year of 8. Staff costs and numbers Staff costs were as follows: Salaries and wages Social security costs Pension contributions |
2025 2024 £ £ - - - - 600 600 - - 2025 2024 £ £ 75,101 114,975 415 1,810 3,115 3,164 78,631 119,949 Total Total |
|---|---|
No employee received emoluments of more than £50,000. The average weekly number of employees during the year was:
| Directors Training and development |
2025 2024 No. No. 5 5 4 8 9 13 Average |
|---|---|
9. Taxation
The charity is exempt from corporation tax on its charitable activities.
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TWICS (Training for Work in Communities)
Notes to the accounts for the year ended 31 March 2025
(continued)
10. Tangible fixed assets
| Cost: At 1st April 2024 Additions At 31st March 2025 Depreciation: At 1st April 2024 Charge for year At 31st March 2025 Net Book Value: At 1st April 2024 At 31st March 2025 |
Office Equipment £ 24,855 - 24,855 24,855 - 24,855 - - |
|---|---|
11. Debtors
| Contract income invoiced Uninvoiced work Other debtors and prepayments rs: amounts falling due within one year Social security and other taxation Other creditors, accruals and deferred income |
2025 2024 £ £ - - - - 38,753 13,049 38,753 13,049 2025 2024 £ £ 1,011 1,086 4,278 13,978 5,289 15,064 Total Total |
|---|---|
12. Creditors: amounts falling due within one year
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TWICS (Training for Work in Communities)
Notes to the accounts for the year ended 31 March 2025
(continued)
13. Analysis of net assets between funds
| Unrestricted 2025 £ Tangible fixed assets - Debtors 38,753 Cash at bank and in hand 119,370 Creditors: (1,011) 157,112 amounts falling due within one year |
Restricted 2025 £ - - 4,278 (4,278) - |
Total 2025 £ - 38,753 123,648 (5,289) 157,112 |
|---|---|---|
14. Related parties
No amounts were paid to directors and trustees for tutorial and consultant services provided to the charity.