SKY
WAY
Your future.
Own it.
SKYWAY CHARITY
Known as Skyway
REPORT AND FINANCIAL STATEMENTS
YEAR ENDING
31 MARCH 2021
Charity Number
1093239
Company Number 04335024 (ENGLAND AND WALES)

The Trustees are pleased to present their annual report and audited financial statements for
the year ended 31 March 2021.
Reference and Admlnlstratlve Infomiatlon:
Charity Name.. Skyway Charity
Charity Registration Number.. 1093239
Cornpany R8gistr8tion Numb8r'. 04335024
Registered Office and Operational Address..
Unit 2, 222 ￿.ng$1and Road
Hackney. London
E2 8DG
Members ofthe 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 s8t out below.
Manaoement Committee..
Lee, Grant
Barrie, Mo
E150n, Claie Elizabeth
P8uI. Nicholas Martin
Archard. Nick
Castle, Joseph
Persson, Jonas
Sokoya, Joshua Oluwatosin
Azzopaidi-Throssell, Maria Jose (appointed Mareh 20211
Ichairl
(Tieasurerl
(Vice Chaiil
Secretsry
Ahmed, Noreen
Senior Management Team:
Ms N Roast Ichief Exe¢ulivel
Mr D Mussie (Director of Development)
Mr M Gayle IDirector of Operations)
Auditor..
HW Fisher LLP, Acre House, 11-15 William Road, London, NW13ER
Bankers:
CAF Bank Itd, 25 lQng5 Hill Avenue, King5 Hill, West Malling Kent, ME19 4JQ
Triod05 Bank, D8anery R08d. Bii5tol, BS1 SAS
Solicitors:
Slaughter and May. One Bunhill Row. London EC1Y 8YY

SKYWAY CHARITY
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2021
Annual Report
Aims and Purposes
In early 2020 Skyway amended ils purposes as ¢ontsined within the company's Memorandum of
Association by special resolution lo..
Skyway aims to addtsss the individual needs of disadvantaged young people aged 8-25 years c>ld
and fh8irlocal con7munity in London boroughs." enabling them to ach18V8 P8rsonalgoals. r8alis8 th8ir
potential and contribute positiwely to their community.
The change, which moves Skyway's focus from purely young people to young peop￿ and their local
communities. acknowledges that our young people are strongly influenced by their experien￿$ in the
places that they grow up and the families and communities in which they are part of. Consequently
to alkjw young people to make long lasting changes in their lives we felt we needed a wider
community approach.
This aim is achieved through youth and cornmunity-led prograrnmes. sharing the following objectiV8S'
Enable young people to develop communication and social skills, self-confidence and
rnotivation to 8thieve goals. and the ability to cope with life's 'up5 and downs,
Empower young people to make positive heatth and lifestyle choices, including increasing
their participation in sport 8nd positive recr88b"on81 activit185
Provide opportunities for young people to volunteer and develop transferable employability
and atizenship skills, whilst raising their awareness of training and career opportunities
Ghampion the needs of local young people and encourage partnership working between
local community organisations, public sector service providers, policy makers, businesses
and young people
Support parents. carers and the comrnunily to become actively engaged in, and
understand the everyday lives of young people
Develop best practi￿ and share innovation in youth work
Ensuring our work delivers our aims
Skyway reviews ils aims, objectives and activities each year. This review looks at what has been
achieved during the previous 12 months and considers the success of our key initiatives.
The review also helps Skyway ensure our aims, objectives and actimties remain focused on our
stated purposes. Skyway refers to the guidance contained in the Charity Commission's general
guidance on public benefit when reviewing airns and objectives. and in planning future activities. In
particular, the trustees consider how planned activits'es will contribute to the aims and objectives they
have set.
How do our activities deliver public benefit?
Our rnain a¢livilies and those who it seeks to support are described below. All our charitable acts'vilies
focus on the engagement of dis8dvantaged young people, their families and their local ¢ommunilies
and are undertaken to further our charitable purposes for the public benefit.
Who used and benefited from our services?
Our objectives and funding allow the services we provide each year lo predorninantly focus on
disadvantaged young people aged 8 to 25 years, and their local comrnunities residing in Hackney,
Southwark and other local boroughs.

SKYWAY CHARITY
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2021
Young people activities=
Young people aged 8-25 continued to be the main beneficiaries of our services in 20121 however the
way in which we delivered these ServI￿S and engaged the young people was severely impacted by
the Covi(k19 pandemic which first took hold in the UK in early 2020.
Our activities for the y88r took place through 8 mixtLJf8 of online groLJP zoom 58ssions, t8lephone
conversations and in-person activities when reslriclions allowed.. following Covid secure governrnenl
and National Youth Agency guidelines.
When restrictions allowed, Skyway's frondine staff team worked in youth clubs, parks, schools,
housing estates and streets 8UOSs Hackney and other inn81-London boroughs. delivering activities.
workshops, training and detached and outreach services.
The following were the key delivery locations I methods for the year..
Online to allow lor youth activities, workshops and one to ones to continue during lockdown
The Blue Hut Youth Club in Shoreditch, Hackney
Damilola Taylor Centre in Peckham, Southwaik
Oliver Goldsmith's Sthool in Camberwell Southwaik
Detached work (working with young people in an area they choose to meet and working
towards a shared outcome) on a number of estates in Had(ney and Southwark
Outreach work and running sessions in community venues in Hackney and Soulhwark
Skyway focused its efforts on delivering activities, workshops and offering support that was fleXI￿e
for the young people in a year full of chall&nges Despite the disruption. activiti&s were wide ranging.
inclusive and focused on the needs of our young people whilst considering their wellbeing including
conoerns and worries which included isolats'on and loneliness. coping with bereavement, living and
studying in overcrowded spaces, poor mental health, a con￿rn around lack of technologies and real
worries about their education.
In 20-21 Skyway worked with.,
1126 young people engaged In our youth Sessions or sport5
214 engaged through youth work sessions
763 engaged through sports session
91 engaged through detached on estates, streets and parks
58 engaged through the fit and fed programrne at Oliver Goldsmiths school
113 achieved accredited qualifications including FA level 1
10 young people completed a leadership programme and 9 leaders volunteered across our
activities
Young people activity.. Highlights of the year
A flexible online and in-person offer. as appropriate. that included a range of activities lo aid
w8llbeing, develop personal goals and h8v8 fun. This included". numerou5 art5 and crafts
activities,. online cooking., goal setting workshops,. CV workshops., FIFA tournaments,. and
much more
Weekly one-to-one sessitsns with ytsung people to check up on wellbeing and offer individual
support
Delivery of laptops to those that lacked digital teehnology for sehool work and online
comrnunication
Handing out educational workbooks for each year group, these were ernailed over and
handed out as printed packs as required
The offer of counselling support to young people that had suffered bereavement during the
period
IndI￿dual8nd group life coaching 5es510ns for young p80ple. with ski118d coach85 to work
through any issues they may be facing and plan ways to overcome these
A very popular maths tutoring session for those that were falling behind in school
Our youth ￿ntre was one of the distribution centres for the Marcus Rashford 'No child should go
hungry food r2mpaign during school holidays.

SKYWAY CHARITY
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2021
A creative sports pad(age which included online sessions for young people and young
people and their families, football match days rather than tournaments, individual gym
sessions and non-contact football training sessions in bubbles
A partnership with Oliver Goldsmith's school whereby Skyway ran a 'fit & fed, programme
during school holidays which included fun sports actiwties, a meal daily and a food hamper to
tak& hom& at th& weekends to cook with their families
Outcomes achieved by our young people in 20-21
Developed resilience, Improved health, Improved communication skills, lrnproved adaptive skills
Improved listening skills, developed respect for each other, Improved physical health, Developed
self-care strategies, Willingness tts aC￿sS supp)rt, Improved emotional wellbeing
Community activity
We recognised immediately that the lockdown may cause our young people's families further financial
concern and wrth our charitable aims recently changed to incorporate young people's families and
communities we called round to all to ask if they would benefit from Week￿ food bags, from which our
food journey comtnenced.
Food has been a key aspect of our development into working with communities. In the first week of
the pandemic we handed food. which included cupboard staples, fresh fruit and veg, ¢ereal. eggs.
bread and toiletries to 17 families. By the end of the financial year we were handing out bags of food
out to 220 families and vulnerable people, consequently feeding over 700 individual people each
W88k. Bags w8r8 hand8d out from The Blue Hut youth and community hLJb. d8liv8r8d acios5
Hackney by Skyway staff and volunteers and given to Oliver Goldsmith Primary School and New
Regents PRU to distribute to their families rnost in need.
The food distribution directly impacted the lives of the young people through our work with our local
communities and we used this work to enable us to bring a little bit of joy at special times in a difficult
year. This included..
Over 300 Christmas presents lo children whose families collected our food bags
Over 300 books were distributed on World Book Day
Easter eggs and Ramadan treats were distributed to coincide with those religious festivi￿eS
'Too many pants, a book that tackles 'big feelings, for younger children was handed out in
each of the fotsd bags in June 2020. The following day the author, Ruth Dieary read along
with the children who tuned In via zoo
We 8150 woik8d with different partners on oth8r food initiatives our we8kend bags
containing ingredients for full meals with recipe cards for children and families was a very
successful extra project. We loved seeing the pictures posted of the children with their
delicious nutritious cooked foodl
In 2020-21 Skyway have worked with.,
992 members of the community engaged with our s&rvices
In total 792 community m8mb8rs benefited from food during th8 period many of them on 8
weekly basis
200 engaged in sports
3 adults became Comrnunity Charnpions and supported othei local people
38 Clinically extremely vulnerable comrnunity members ieeeived weekly food bags18s
they could not go out lo shop for themselves)
25 Community members received weekly food shops whilst they were isolating due to
track and tra

SKYWAY CHARITY
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2021
Community 8ctivity= Highlights for the year
A reactive and quick community response to the pandemic which has allowed us to offer
direct support to over 200 families, considerably enabling the development and growth of our
community work within the year
Mini projects to bring a smile to the faces of community members and their families, such as..
Christrnas p18sents". book5 on World Book Day". adivities such as our Skyway farmily online
quizzes.. challenges for Mother's Day., sports. reading and cooking challenges All created
and developed a sense of community and allowed people to have a bit of fun
Opportunities for life coaching to support community members through lrfe's hurdles, both
one-to-one and in groups proved very SUC￿$sful and many of those that took part expressed
that it has posib-vely irnpacted their liv85
In December 2020 we comrnissioned the Turkish Cypriot Cultural Association to support us
to offer culturally specific food to 50 of our Turkish comrnunily that picked up bags, they also
provided a translation and support service
Community WhatsApp groups created by Skyway as a way to keep in touch about our food
offers have flourished, wrth community members using them to not only find out about the
Skyway offei but alsts as a way to share experiences, offer each other support and pass on
unwanted good5 Such as furniture and clothes
Our Skyway Community Champions have been a real highlight of the year. Community
members that have been supported by Skyway have been encouraged to get involved and
volunteered to help others
Through referrals frorn Shoieditch Trust and Hackney council we have supported petsple from
our communities who were classified as clinically eXt￿melY vulnerable and isolating due to
track and trac8 to receive weekly shop5 for as long as d8emed necessary
Strategic development
Skyway commissioned Wired Canvas to update and rebrand our visual identity following the
widening of our offer early in 2020, we were really impressed with our new look and consequently
worked with thern to update our website too. The rebrand focuse5 on the recognition that Skyway
trains and sUPPOrts people to develop their own responses to cornmunity piobletns. The aim of this is
to enable people to collectively address the challenges they fa￿ in life which is more sustainable
than trying to solve" problems for them. OLJr new strapline 'Your future Own it, encapsulates this
idea.
Our website is bright and bold and we believe Illustffdtes a Clear idea of who Skyway are and what wa
off8r.
Volunteering
This year we were immensely grateful lo those who volunteered with u$ during difficult limes. the
majority of the volunteers supported Skyway with the community food programrne. helping us with
the very tiring and tim&consuming role of moving food, packing food bags, handing out food to the
local community and doing deliveries on behalf ol the team. The work was often physically
d8m8nding. yet they frequ8nUy tuined up week on week to offer th&ir support. oth8r volunteers hav&
helped with sports, our online Offers and in our youth activities. We offer up a very big thank you to all
of our volunte&rs this year
Skyway Charity worked with 26 Volunteers

SKYWAY CHARITY
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2021
Financial review
The total income achieved by Skyway Charity in 2020r21 was £798,482 which was derived from a
variety of sources. The Charity ended the financial year with a surplus of £69,974. most of whic* is
restricted income for the year 21122. The management team is very happy with the financial
performance achieved during the year.
Much of this financi81 year was spent targeting a wide range of fundets from statutory sources, trust
and foundations, additionally we were more 5ucces5ful with our Chri5tma5 campaign than we hav
been previously with any other donation ¢arnpaign. Due to the pandemic and lockdown our income
generation of hiring out our spa￿$ was considerably down. Fortunately, we were able to off set this
with our success from our wider fundraising, and in total increased our income on the year before by
£227,331.
The funding breakdown foi th8 year was 30.901¢ sourced from 5t8tutory grants, 21.201¢ sourced from
trusts and foundations and 47.9 /0 from income generation and donations.
Reserves policy
Skyway Charity's M8n8gement Committ8e r8v18WS its r8quir8m8nts for r8s8tV85 on 8 qU8rt8rly b8SI5,
Whi￿ taking into consideration all rnajor risks that could potentially affect the organisation. Skyway
Chaiity continues with its policy of investing surplus cash into a Charities Aid Foundation ICAFI
account and has also maintained its savings account at Triodos Bank.
As per our ptslicy for the year ahead, Skyway Charrty will ab￿ayS aim tts htsld unrestricted reserves tsf
no less than three months annual expenditure and no more than ten months annual expenditure.
As of 31 March 2021, the budgeted expenditure lor the financial year 2021-22 is £666,641.
The level of unrestricted reserves as of 31 March 2021 was £348,901 which represents just over 6
months of operating expenditure and fa115 Wlthin our expected reserves levels. The Trustees feel that
the reserves are of a sufficient level lo sustain the Charity if there was a prolonged drop in income
over the current year
The Management Committee is confident that this ests'mated annual expenditure will enable all
ex15ting adivities to continue, alongside additional focus on the developrnent of new activrties to
enhance the activity range offered and contribute to the long-term sustainability ol the organisation.
Plans for the future
21122 started with an easing of the 3rd UK lockdown. Still in an unprecedented and unpredictable
environmenl, our focus has been to build up our in-person activities again whilst abiding by the
government covid guidelines and government road map and alternpting to meet the increasing
demand across all of our activities. We will continue tts manage this delicate process in 21122 as rules
decrease and life attempts to return to normal.
A focus In 21122 15 to establish stability within our youth piogiamtne5 to offei a consistency of in-
person adivity to meet the needs of the young people that come to activities al Skyway. As always
we will locus our attention on delivering high quality activities that young people are interested in and
that will support their own personal development and enrich their lives.
The end of April 2021 saw the end of our food pi(NJiamrne due to the cost and level of 1850urc8S that
it took to off&r food to so many peopl&. However, we have been incredibly fortunate in that
Humdingers. a local catering company in Hoxton, have offered lo continue providing and packing
food to local residents on a weekly basis. Since May 2021 we have been working with Humdingers
and the next door penticostal church to continue to offer the food bags. We will continue to monitor
this in 2021122 and assess what best meets the needs of our local communities.
As w&ll 8s food we will look to work dosely with the communities that W8 have r88ch8d during Ihe
pandemic to assess and offer them support, activities and programmes that allow them to thrive for
the future.

SKYWAY CHARITY
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2021
Pre-lockdown we were exploring how we could further develop our income generation parti¢ularty
from the Blue Hut, we will continue to explore how this can be re-established.
Offer of thanks
Skyway offers its enormous thanks to all the funders, fundraisers and donors who have supported us
over the last year. We ale also very giatefvl to those who have donated time and their expertlse to
support us in a variety of ways.
Skyway works with a number of partners to extend our reach and offer specialist support to young
people. This year we have been delighted with how the community has come together to offer
support to those that most need it.
W8 offer thanks to all but in parhcular to J811ot, Hackney Qu8St, Shoreditch Trust, TLJrkish Cypriot
association, Guro Maneyo Granth Gurdwara, The Hygiene Bank, Hackney City Farrn, Humdingers.
Shoredilch FC, Hackney and Islington Football Club. Dipped in Creativity, Immediate Theatre. United
AIIStars, Jean Te Le, Southwark Legends. Rio Ferdinand Foundation, Southwark Council, Hackney
CVS, Access to Sports, the Hackney Gangs Unit, Hackney Youth Service and the Had(ney Food
Network whts have supptsrted us this year in our mission to empower young people and their local
communities.
Governance
Govèming Doeumènt
The organi58tion is a charitabl8 company limited by gu8rant88. incoiporated on 5 Decernb81 2001
and registered as a charity on 31 July 2002. The company was established under a Memorandurn of
Association that established objects and powers of the charitable cornpany and is governed under ils
Articles of Assoaation. In the event of the company being wound up members are required to
contribute an amount of £10.
Recruitment and appointment of new trustee5
The Directors of the cornpany are also charity trustees for the purposes of charily law. and under the
company's Articles are known as Members of the Trustee Board. New trustees are recruited through
advertisements, recommendations or by people contacts'ng Skyway looking to volunteer, are then
interviewed and, if deemed suitable, proposed and elected to the Trustee Board. This year we
appointed one new tiustee. We have advert15ed trustee positions through e-mail newsgroups and
trustee websites that we have links lo. All members of the Trustee Board give their time voluntarily
and receive no benefits from the charity.
Inductlon and tralnlng of naw trust•&s
Skyway runs yearly away days for new and existing trustees to induct and update them on current
activities and agree future plans. New trustees complete an induction procedure and ale also offered
a'tnentorf from the existing trustees to offer support and guidance, unfortunately thi5 year we were
unable to have an away day due to Covid, we hope with restrictions easing that this will be something
that we can do in 2022.
Trustees are given the Charity Commission Guides about the responsibilities of being a trustee and
off8r8d the opportunty to 8tt8nd training sessions to assist th8rn In th8ii role.
Risk management
Risk management is addressed through the trustee meetings.. both the CEO'S report and the Finan
report identifies risk areas. This year the trustees looked at the 4 greatest risks to the organisation
and how to protect the organisatM)n against these. Skyway Charity wotl(s to an annual plan which
Identtfies the key areas for development for the year and keeps the oigani5ation on tiack. There is 8
high level of investment In staff training and dev&loprnent to ensure Skyway Charity can meet all the
needs and requirements in the field of youth and community work. The CEO is supported by two
Directors, who make up the Senior Management Team.

SKYWAY CHARITY
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2021
The main risk for the charity for 2021122 is still considered to be the Cowd-19 pandemic. Despite the
vaccine being widely available and the potential for reopening, there is sts'll a lot of uncertainty for the
future. Skyway has to continue to balanTr the needs ol our service users with the need to stay safe
and offer a safe environment for those that wish to use it. We are very aware that most of our young
people a￿ very keen to retum to 'normal lrfe, and often have faced real hardship by being isolated
frorm th8ii friends and ext8nd8d family. W8 will continue to work very hard to balance thes8 factois
and put in place robust risk assessments and prO￿dureS to safeguard all that come into ¢ontaot with
the Charity.
Skyway will continue to work closely with our young people, their parents and community to support
them during this difficult time.
The 3 other main risks are..
Missed or inapproprialely handled Safeguarding and or health and safety incident.
Shift in focus of our core aim and offering community activity and food
Staff wod(ing from home
Slructure, Governance and Management
Since March 2015. the rol8 of Secretary to the trustees has te8n undertaken by the Financ8 and
Off￿e Manager at Skyway Charity.
Day-ttrday responsibility for the provision of services rests with the CEO and Directors, who are
responsible for ensuring that we deliver the services specIf￿d and key performance indicators are
met. They are also iesponsible for the financial monitoring. budgeting and fundraising foi the charity,
supervision of key staff and ensuring that the team continue to develop their skills and working
practices in line with good practice.
The Directors are responsible for the day-to-day running of the contracts and programme delivery.
The trustees and staff meet annually to consider the strategic developments and direction of Skyway
Charity. At present the board has 9 members from a variety of professional backgrounds relevant lo
the work of the charity. The board is not currently looking to recruit. however if the right person
presented themselves with skills and experience required we would consider an appointment.
Responsibilities for management and development, in line with the organisation's vision and
objective5 continu8 to be delegated to th& CEO. who r8ports to the tiustees at rn8etings every 8
weeks, pioviding regul81 wiitten r8ports on the financial posth.on and futur8 funding, p8rformanc8,
strategic opportunities. govemance and staffing matters.
Due to the nature of the organisation's worf(, Skyway Charity engages young people in sessional
employment, mainly in sports and youth work, trains young people to be peer educators and also
engages and supports young people in volunteering roles. Skyway Charity also supports young
people to becorme peei mentors to actively work with other young people to direcuy impact their own
skills and knowledge Over the last year we have worked cbsely wth our new Skyway Champions
who are members of the community that volunteer for us to support other community members.
Skyway Charity is guided by both local and national policy. At a local level Skyway Chaiity is a
member of London Youth, UK Youth, NCVO and Hackney Council for Voluntary Services IHaLkney
CVS) The Directors are part of the Safer Neighbour Board. Community resilience partnership. Comd
Safety forurm. Safer Young Hackney Network and Safer Neighbourhood Board. Mayors spoit board,
16+ Network meetings. Hackney Food NeI￿ork, Children and Families forurn meetings and we also
participate in the Hackney Gangs meetings.

SKYWAY CHARITY
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2021
Slatement of Management Committee's Responsibilities
The trustees, who are also the directors of Skyway Charity for the purpose of company law, are
responsible for preparing the Trustees. Rewrt and the financial statements in accordance with
applicable law and United Kingdorm Accounting Standards Iunrted Kingdorn Generally Accepted
Accounting Practice).
Company Law requires the trustees to prepare financial statements lor each financial year which give
a true and fair view of the state of affairs ol the charity and of the incoming resources and application
of resources. including th8 income and exp8nditur8, of th8 charitable cornpany foi that y8ar.
In preparing these financial statements, the trustees are required to..
select suitable accounting policies and then apply them consistently.,
observe the m8thod5 and piincipl85 in the Chaiities SORP,
make jLJdg8rn8nts and 85timat8S that are reasonable and prudent".
state whether applicable UK Accounb"ng Standards have been followed, subjeet to any
material departures disclosed and explained in the financial statements., and
piepare the financial statements tsn the going con￿rn basis unless rt is inappiopiiate to
presume thal the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the financial
statement5 comply wrth the Companies Act 2006. They ale also responsible foi safeguarding the
assets of the charity and hence for taking reasonable steps for the prevention and deteth'on of fraud
and other irregularities.
Disclosure of information to auditor
Each member of the Management Committee confirms that to the best of hislher knowledge there is
no information relevant to the audit of which the auditor is unaware. Each member of the
Management Committee also confirms that helshe has taken all necessary steps to ensure that
h8lshe Is aware of all relevant aLJdit information and that this Information has be8n comrnunicated to
the auditoi.
Approved by the Management Committee on
and signed on ils behalf by..
75th December 2021
Grant Lee
Chair

SKYWAY CHARITY
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 MARCH 2021
2021
Total
fijnds
2020
Total
funds
Unresiri¢tsd
furbds
Restricted
fullds
Notes
Income Irom..
Donations
Chanisblt aciiwlias
In16ra$i rt¢trivabltr
Other income
Total In¢ome
35.109
35,109
732.415
216
30,742
798.482
34.592
489,089
622
46.848
571.151
732.415
216
3,635
38.980
27,107
759,522
Expendlture on-
Raising funds
5.823
6.690
12.513
5.823
722.685
728.508
2.263
fj19,016
621.279
715,995
715.995
Total expenditure
Net incomellexpendiiure
26.447
43,527
69,974
50.128
Met mr•vement in funds
26.447
43.527
69,974
50.128
Total fund5 brought forward
322,454
322.454
372.582
Total funds carrled forward
346,901
43.527
392,428
322.454
CONTINUING OPERATIONS
I Inuming resources and regour¢es exp8nded arise from Gonbnuing aGtivthes.
The statement of financial aclivites also complies ￿￿th the requirements for an income and expendthre account under the CompaniesAct
2006.
The notes fomi part of these financial 8lal8ments
10

SKYWAY CHARITY
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2021
Prior year figures
2020
Total
fund$
un￿$t￿Cted
funds
Reslri¢ted
fund$
Notes
Income from:
Donations
Charitable activities
Interest receivable
Other income
Total Income
34.592
34.592
489.089
622
46.848
571.151
489,089
822
39.557
74.771
7,291
496,380
Expendfitu￿ on..
Raising funds
Charitable activities
Total expendlture
2.263
4.780
7.043
2.263
619,016
821.279
614,236
614,236
Net incomellexpenditurel
67.728
1117,8561
150,1281
Transfers behveen funds
1100,7451
100,745
Net movement in fund5
133,0171
150,1281
Total funds brought forward
355,471
372,582
Total funds carried folward
3L,454
322,454
CONTINUING OPERATIONS
All incoming resources and resources expended arise from continuing activities.
The statement tsf financial a¢tivites also Complies with the requirements for an income and expenditure a¢¢ounl under Ihe
Companies Act 2006.
The notes fomi part of these financial statements
11

SKYWAY CHARITY
BALANCE SHEET
AT 31 MARCH 2021
COMPANY NUMBER.. 04335024
2021
Tatal
funds
2020
Total
funds
LJnr8Stiict8d
funds
R88trict8d
fvnds
Un￿s￿Ct￿d
funds
R8striBtéd
funds
Notes
Fix8d aBs8tS
TsngiblE assets
6.369
6,369
Currgnl assets
D@btor8
Cash at bènk in hand
s4.￿5
290.670
344,975
45,815
16.740
62,5
100,12
307.410
407,530
29,17B
291.5S7
320.735
5.400
9.420
14,820
34,518
300.977
335.555
Cteditots". AM￿￿tsfa1lIn￿ duewthn DtbE year
Net¢urr•nt 08sets
338,285
43,527
3BI,B12
316.085
316.085
Totsl a5sel$ less cuNwt llabll1￿e5
348,901
43,527
392,428
322 454
322,454
Thq funds of th• Charity
Unrestricted fut￿¥..
Ggneralfund
R@8trictsd funds
348,901
348,901
43,527
322.454
322,454
43,527
Totsl Charltyfvnds
348,W)1
43,527
392,428
322,454
322,454
The financlèl $tatementswere approved by the Bts*￿ ofTmsLÈe$ ¢
T51h Detthiber2D21
ndwtse s￿Med on its behallby
, Chainna
The notes form ￿rtof thE5Efinancial ststements
12

SKYWAY CHARITY
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2021
2021
Total
funds
2020
Total
funds
Note$
Cash flow5 from op8rating activities..
Net cash (used inllprovided by operating a¢tivities
18
13,002
112.2631
Cash flo￿% from investing activitie8'.
Interest income
Purchase of property. ￿ant and equipment
Net ¢ash provlded byllu$ed Inl Inve$tlng actlvltles
218
16,7851
16.5691
622
622
Change in cash and cash equivalents in the reporting period
6,433
111.6411
ash and cash equivalents at the beginning of the reptsrting period
300,97T
312,618
Cash and cash equlvalents at the end of the reportlng perlod
307,410
300,977
The notes fomi part of these financial statements
13

SKYWAY CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
Charfty Inlomiatknn
Skywaychartyis a privètè cOm￿nY limrted byguaranteè inco[￿r#ied in Enoland and w￿e$ The rtgi$teted tsffite i4 Unit2. 222
Kingsland Road, Hackney, London, E2 BDÉ
ACCOUNTING POLICIES
Accountiny convqntioTr
The fjnancial $lalements have been prepared undei ihe CcmpaniesAd 2006, and the requiremerts of Ihe A¢¢ounbng
Rèporting bycharities Statemeniof Recommended Pr&tice appitsLlÈtO chan￿3 weparing thar &cOunts in accordan￿ with
the Financial Reporbty Standsrd spplicabk in Ihe UK Republicol IreLgnd IFRS 1021 leffecbve 1 J5nuary20191.
Thè Chatitymeèts the dehnit￿ts ola public knefrt Undèr FRS 102 Aysets ènd li8blrt*$ are in￿allY tectynised at hi$ttsri¢al
cosl ortransaction valu@ unl888 0th8tV4iS&Stat8d in th@ r￿￿￿￿taccoUnh￿9 PDIICY
The financial $lalements are prepared In $lerfing, whi¢h Islhefunctional cuirenwof ihe Charity. Moneiaryamounts in these
finsncial staiemEnts are rDunded tD the nearest È
Pr&￿ration of thofinancial 5tatBmBntson a going concern basi
Th& Charity ha$ a I￿alIty level olca$h and net assets and Ihe Trustse6 ar& confident tha1fU￿1ng ala $imilar Iwello piwous
yeaiswill be f0rihc0m￿g, even ihough n¢t 311 am¢uDts have been *Gured at Ihis swe. Iflhere weieio be a reduction of Income,
since much Dlthe Charity's expendiiure ￿dI￿cre11Dnary. th15 cauld bE r￿Uced. withoulseriouslycurtailing chatrtls activities
Having ¢onsidered these ii$ks and $ub6equent mitigations. IheTiu$tees reaswably expect ihèchaiity to haveadequale i*¢ur¢es
ttrcOntiThuÈ opetating foT thÈ forèsee1kn￿ (uiure. The￿￿ore. the Tru#tÈe$ ¢Ontsn￿ to ￿optthègolM¥ ¢onGem bèyi$ of in
P￿paring lh8 financial slat8m&nts
Inc¢Jming r8sourc85
All incotning resour￿8 are included in the Statementol Finan￿￿ Acbvitieslvhen the charity is 1egaltyentit1￿ tothE income and
amounlcan b&quanlified with r&asonable a¢curaw.
Resour¢e5 expended and IrrecovernbleVAT
Expenditure Is recognised oncethere Is a lryal or conslrucbva 0￿19atIOn to mak8 a wawnentto athird paty, It Is probabl@thal
sdllwnenlwll b8 requiied and thfr amount of obligation ¢an bg mea$ured rfrliably. ExpenditUTg 1$ ¢￿$S1fied uDd81 the
3rtiVIty headings.
Costs of raising funds c(wnpris@th8 CCFSts of attracting voluntary Incom8 and th8 costs olfundraisi
Expendiiure On chèritèble acbvitie8 InG1￿e$ the cO$ts olthe deliveryolits aGtivibe$ and its benèficiaries
Allocèdons and &pwrtionmÈntof costs
Whereco$ts cann¢t be diredlyattribuled lo parbcularheadingslheyhave bèen allo¢aled lo actriilies¢na basisconsisienlwilh th
u* of resources All support Gosts ate all¢￿ted to thÈ one charitalk artivity youth work projecis
T?ngibb fixgd a¥89ts
D&pre¢iabon is prowded allhefollowiry annual rate$ a straighl-IID&ba%i$ in orderto wThte off wach asseloverits frslirnated
U8elul lrfe
orri* and training equipment
Flxiures and fittlngs
-33% On GO#I
-20% on Cosi
All assets cosbng morethan £500 8iÈwitalised.
T*x*tiOn
The chaThty isexempt from corporationtaxon its ¢haiitoble activities.
Fund accounting
Unreslnded fund$ b8 use¢ In a￿Or￿an￿ thatitable obje￿iveS al the di*￿tion of the Iw$tFs% R•6lri¢ted funds are
don8bons whichthe donorhas speclfied are to be solely used for PArti¢pJlar2reas of the Ch8rlty'swth* or for spe￿fic yoiects belng
und8rtakén bykn8 Chanty.
Gr￿P￿n￿nCld st&om&nts
Th@ Trust88s ar8 01th8 opinion that ￿ résults and n8tass8ts olth@ subsidiary. Entétpris&SkywayCIC, ar@not matorial to th8
charity ¢On$ol￿al8d financial &lateMgnts havg therefore nolbgen prgpaTe
14

SKYWAY CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
ACCOUNnNG POLICIES Icontinupdl
Cash at bank in hand
Cash al bank and cash In hand Indud&s cash and shortlettm highty Iwuid Investrnents with a Shl￿ rnalurtyof
three rnonlhs orlesslroTn the dale of ￿qUisItion or O￿nIng of the deposit orsimilar account.
Debtors
Trade and olherdeblors ale ￿toOn1$ed al the settlemeni amount due after2ny trade discountoffeied and
prtsvisltsn for bad and dOub￿Ul detts. Prepaymènts are valued at the amount p￿paId net of anytrade di$counts
due
Crèditors and pro￿$1(1118
Creditors and provisions are recognised ¥yherethe Chanty has a present o￿lgation resulbng from a past event
thaiwill probably result in the transfer offu￿$ ID a third paty and the amount due ID settle the obligation can be
measured or estimated reliably. C￿dItorS and prowsions 3re normallyrecogni5ed at their8Ètllemeni2mount
after3llowing for any trade discounts due
FSnanclal InstNments
The Chatity has 8leded to applylh8 provisions ol Section 11 'BaS￿ Finan￿al InslTumgnts' and Sedion 12
The ChariLyonly has financial Bssets and financial Ii£bilities of a kind thatqU8ltry Es bBsic fin8nti81 insliumenls
Basic financial Instruments are Initially rectynised at tran$actitsn valuè and Subsequently measured at thèir
seitknènt vslue With the exceptson ol financing Itemswhich are subsequèntly measured at amorbsed eost
using the efffctive inlgresl method.
c￿￿ettI accountlng estlmates andludgements
In th8 applicati￿ of th8 charitys a¢￿￿￿tIng policies. Trustees ar& r&quired lo tnake judg&ments, eslimatss
and assumptsoDs aboullhe carwng amount of assets and liabilthes that are not r&adilyappar8nl from other
sources.
The estimates and asSOCl8ted assumptions are based Dn histsiical experEnce and other factors that are
considèred to be rèlevant Attual results may differ from thesè esbmatès The estimaie$ and underlwng
assumptions r8veiwed on an ongoing basis Rgvisions lo 8c¢ounling eslirn81gs are recrynised in th8 period
in which Ihe eslimats is rewsed wh&r8 revision onlylh31 pgriod, or in lh9 pgngd gf the rewsion and
future peDods where the revision affeds both current andfulure p8riods.
The Trustees do not believe the￿t0 bejudgemenls or eBtirnates that would be considered critical ID the
finar￿la1 $18lemenls
Govommgrf yr8nts
Govemmenlgranls are accounted for underlhe accrual model and are recognised 81 the fair value ol the
nounl received or re￿1V£ble Vdhen there Is reasonable assurance that the grant conditions will be mel and Ihe
grants will k received.
Govemmentgr8nl8 being rg¢9iv9d undgrlhe CDronawtusJob Retsntion SclEm8 d8signed lo cornp8nsale
forstaffcosls.
Amounts received OT receivable are recognised In the 6ts1ernenl ol financial activities overlhe sarne wiod as
the costs io vthich t￿Y rel£le
15

SKYWAY CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
DONATION INCOME
2021
2020
Donations
35,109
35.109
34,592
34,592
Donations in 2021 and 2020 were unrestriGted.
Unrestricted
funds
2021
Restrictsd
funds
2021
Total
OTHER INCOME
2021
Serv￿e5 prOV￿ed
20,732
20,940
3.427
6.375
30.742
3,427
HMRC Job rentention Scheme
6,375
27,107
3,635
UnreslriGtsd
funds
2020
RestriGtsd
funds
2020
Total
2020
Services prOV￿ed
17.831
21.726
39.557
7,291
25,122
21.726
46.848
7,291
16

SKYWAY CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
*4COME FROM CHARrrABLEACTwm&8
A¢¥¥lty
Youth Work PID1￿1$
Olhbr£Yanlsandconlracls
732,415
7￿.415
489,089
489.089
IncDme from 1Tr2021and202Owereresthcted
D¢¢a51$ otgran* Yg¢glvgd •r*a$ Irllow&.'
2021
202D
LQtteryCD￿rnU￿ity Fwd IYIHI
99,980
,000
.ODD
60,0(W)
24,995
Henry5￿1th ly
National Lottery CDronavi￿s supp￿ F￿￿- Covid IYIHI
Globals Maké some Noise (Y
y￿n9 Landon SwnmèrandAulumnActlvlbas2020- Gr0￿d￿￿rks IYMI
Y￿l￿End0￿mefilc0vld-19 F￿d{Y)
48.9S5
36,520
27,900
26,969
25,ODD
31,744
28,8rM)
26,969
5,(N)O
Sguthw4tK ISWI
GL4- Thnve IH
GarrIe￿ Weston Iv
Children In Need's COMD-19 Ne￿5*p8 Programmely)
B8￿81&Y FO￿ndatiOn IYIHI
HacknaYGWi￿ Coronaviius Fund (HI
Y￿l￿End0¥mIfftl Fur￿ (HI
22.4
19.967
19,20D
19,É
Nike Swrts I￿Pa￿ Fund- Kiw Found£bon ISI
HackneyGraThts Cl
EaStE￿ cQ￿MUnityFOUr￿&t1[￿ Phsse 1 lrnmediaie RelieflH
Li￿d0￿ ComThunityFoundation- Yothh so￿al Action Fund IYI
London ComrnunityFDundation Wavè2 Fund (HI
12.600
10.(
10.0
io.o(M)
iO,OOD
9,880
30.000
10,0
LBHIDEFRA¢ovil-19 Food E$s¢nii$l$GrgDt (HI
L￿d￿n CornThunityFDundation Covid- 19 Wave 1 (H
Egyl F￿￿￿¥11(￿ Co-pp Cowd 19 IHI
5,0(M)
HaCkn8YC￿nC11- MIHCLG operational supportfvThling IHI
L￿d0￿ Borough ofHackn8y- F(￿ Puw8r Fund (HI
L3rnbeth SO￿￿¥￿￿k. SummerFood Full IYIHI
Wést Ha￿neY Parothial IE)
Ea￿lE￿ Community Fou￿￿ti(￿ ￿￿8rg￿cV Fur￿ Phas8 3 (HI
Jack PÈtC￿Y FO￿r￿￿tion-ytsUIhAth￿V￿￿é￿lAWÈ1ds (YI
3.437
3.360
3.2
3.2
3.0
2,50D
2,250
3.500
4,000
Street Garnp5- Thp PEar 20201$1
West HBckney P£ro(*ial- Erne[ge￿￿ Rdief Pr9E￿ (HI
Parefitzone communityau￿ (HI
GrOUndw￿ksTe5co IHI
y￿thInVes￿￿ethfUnd (Vl
Childi8n In NÉÉd- Young L8adarsProi8cllY)
RegwVsVoG*i¢nal Cdl¢9¢- EdusJliong1 pr¢giamm$ ftyyoun9 p¢ople IE)
L￿dOn ¢grnrnunityFpundption Pe?￿Y IYI
The Lpndpn COM￿￿TrI1Y EVE￿￿9 Di5Wy¥e5￿ (HI
The LDndpn COM￿￿TrI1Y Eveniw DiBwssP53eJ ErnpWrnenllHI
street Games BSBT ISH
Héstia I
L(￿dOn Youth ISI
Tho Gdlsthith$Compaw Charlly IY)
EaSlE￿ Cammunity Fou￿￿11￿n ri
Street Ggm¢$ Nats¢nal Qil ISIHI
Woodrofte BeThton IHI
1,OQO
20.138
13,050
10,(
8,545
6.450
5.500
3.WO
2.420
2.000
732.415
489.089
ofr8sthcled tunds
Yuuih deldrheddrlLYrrtd Int51￿LeS￿nd vuuthiLubb￿ ￿livi1¥S
Yuuih Spoff PILEthILmrs-S￿￿b5t￿￿thSdeIiV￿T￿d in b¥h￿l$. souihilu
YwngH¢alil) * I Ifcswl¢PTowaThm￿- Prfjpiiim¢5that¥th￿sStknr dtv¢lopni¢￿toIyfj￿￿S[W￿C 5wh&swork5hop& phi'si¢al w¢lI￿l￿g

SKYMIAY CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
EXPENDrruRE ON RALSING FUTrXIS
2021
2020
Support ¢o$l re markding &adv•rti$in9
5.823
5.823
2.263
2.283
ExpEndiiure on raising funds in 2021 and 2020 weTe unrestri￿.
Unresthcted
funds
Resthcted
funds
u[￿tricted
nds
ResthGted
funds
Toial
EXPENDtTURE ON CHARttABLE ACTWtTIE8
2021
2020
2020
2020
Youth Watk proiBcis
Dir?￿ ¢osl&- pfrrsonnel costs
Dire￿ cost8- project related
Supwrt¢o$ts
GDvernance
417.472
2ff2.528
95.995
417,472
202.52B
95,995
6.690
722,685
418.276
87.990
107,970
418,276
87.9
107,970
4.780
619,016
6.6
6,6
4.780
4,780
715,995
614,236
Unrestncted
funds
REsthcted
funds
Totsi
Unrestricted
funds
Resincied
funds
Total
SUPPQRT COST
2021
2021
2020
2020
2020
Support cost Is c(wnpris8d of."
ertising & mathetin9
PferniSie#
G8n8ral Otficg
Depre¢￿￿on
5,823
5,823
&3.338
,296
2.&38
95.995
2,263
2,263
53,084
48,225
4.397
107.969
53,338
34,￿6
2.538
90.172
53,084
48,225
4,397
5.823
2.263
EXPENDrruRE ON GOVERNANCE
2021
202D
Auditois, r8mun8ration
6,690
4.7BO
4,780
Expendthre on govemance in 2021 and 2020 were unrestricÈd
NET INCOMINGIIOUTWNGI RESOURCES
Neireaourtès èrÈ$tAiÈd èfter charging.
2021
2020
AuditQTS' remunerabo
Oepre¢lsii¢n-owned assets
Oper8ting lea*s- rent
6.690
2,538
34,800
4.7BO
4.397
33.￿0
111. TRUSTEes' REMUNERATION AND BENEFITS
No Iru$lee$ received remuneration or olh•r benefits In eitherof yearE lo 31 March 2021 or31 March 2020.
11. STAFF COSTS
2021
2020
Wages and salar￿$
363,449
7.555
35,303
406,307
364.907
7.870
34 273
407.050
so¢￿1 security costs
The Averagè Monthty numberof employee$ during the ye2rWAS agftsllow$.'
2D21
2020
Number of staff
No •mployeg earned abov&£60.000 In 2021 12020.. 01.
The key managBmenlpBISDnnel of thecharity Gumprisethe Senior management teaTn as detailed on page 2 Df the trustees. snnual report
Th8 total amount80fam￿0Y￿8 8molum8lltS ￿c￿1V￿d byth& s8niormanag&méntt&am £136.212 12020 £127,748)

SKYWAY CHARtrY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
TANGIBLE FIXEDASSETS
Office and
otnpuler
equiwnent
Fixiures and
TDt
COST
Al 1 Ayil 2020
59,515
2.574
50,827
110,342
6.785
Al 31 Marth 2￿1
62,089
55,038
DEPRE¢L4TION
59.045
682
44,928
1.856
103,973
2.538
¢h3rg8foryear
Al 31 March 2021
59.727
46,784
NET BOOK VALUE
At 31 Marth 2￿1
2.382
8,2Y
10,816
At 31 ￿rch 2020
470
S,899
8,369
DEBTORS: AMOUNTS FALUNG DUE WITHIN 014E YEAR
2021
2020
Trade dEbtot
Prepayments and a¢erued Inco
Oth8rd8btot¥
64,$76
12,535
3.0
20.522
11,047
3.009
34,578
14
CREDITORS- AMIYJNTS FILLING DUE WITHIN ONE YEAR
2021
2020
Trade creLflors
Swial $g¢urityand olhgrtsmes
5,586
9,784
9,358
1.615
7.730
Dpferrfd inwrne
25,718
19,470
FINANCIAL COMMITMENTS
At 31 Mèrch 2021. the conwènywè$ committed to making the total fdknwlny payments undern0n-trAnc￿1ab￿Opeyatlny ￿8$e5..
Land and bu1￿1r￿j$
Operat￿g leases which expire.
Wiknin one y8ar
Greaterthan one yearlèsj than five years
2021
34.800
104,400
2020
34,800
139.200
sUBSID￿Ry UNDERTA￿NG
Ent8rwi$e Skyway Cl¢, ¢Gw￿￿￿nIty nteresl ¢¢¥￿PanY, is a wholly-(wn8d suhsidaryol Skyway Chanty
The Pu￿0$e of Ihg CIC is to empower di$advantag80 young peopb in London to itnprove Ihgirqualty ol lile in an 8nlrepreneurial
fash￿￿ Entetprisp Skyway CIC does not trsde and 18 therefotp dDtrnant. No atnountwsso¥ved bythE subsidary to the psrent st
yearend12020 01

SKYWAY CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
17. MOVEMENT IN FUNDS
IDcomin9
resourc8s
Resources
8XPEnded
Transfer
bpt4veen funds
At 1.4.20
At 31.3 21
Llnreslrictèd fund¥
322,454
38,960
348,901
Re5tr1cted funds
Youth Work Programrng Ioulrfrath a[￿ Detathedl
Youth Swrts ProgrAmmes
Young S Lrfestylg Progratnmes
Youth Enterwise & Learni
374.252
101.480
273.647
22,794
11.878
4,175
4.680
43,527
189.S821
1%9,472
759,522
715,995
TOTAL FUNDS
322.454
798.482
728,508
392,428
Rpstrirted funds all tplate to sclivities carried outw*hin the charity

SKYWAY CHARITY
NOTES TO THE FINAN¢IALSTATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
IPrioryear comparatives
17. MOVEMEMT IN FUNDS
Incoming
resources
ReBourGes
èxpended
Transfer
bet4￿n funds
A11.4 19
A131.320
Unrestricted fund5
General fund
355,471
74.TT1
17.IW31
1100,7451
322.454
Restricted funds
Youth Work P￿ramme Ioulreath and Detschèdl
Youth Sports Programrnes
Young Health & Lifestyle Programmes
Youth Enletprisg & LeamiDg
335.121
60.201
74.518
26,540
496,380
1439,0771
160.4641
181.6011
33.W4
{614.2361
103,958
263
6,554
I￿,745
TOTAL FUNDS
372,582
1621,279
322,454
Restrict&l fundg all relate to activthes c8rried out wlhin Ihe charty
21

SKYWAY CHARtrY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
18. Reconciliation of net {expenditurellincome to nel cash flow Irom operating activities
2021
2020
lexpenditureifincomefor the repowting ppriod las perthe statementof financial acti¥ities1
69,974
Adjustments for..
Depreciation charges
Inte￿91 income
2,538
4.397
IlnGreaseVdecrease In debtors
Increaselldecr&asel In creditors
165,5421
6,248
45.397
Netcash Iu5ed Inyprovlded by operatlng actlTrAtle5
13,002
112,2fj3}
19. Analysis of rhange8 in net Idebtvfunds
The Charity had na debt dufiny the year.
Related PartyTransa¢tior
There have been no related wrty transacliDnS in this finanual year or in the Pri￿ pr
22

SKYWAY
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF SKYWAY
Oplnlon
We have au¢frted the fi￿n(la1 st*ements ofStywaylthe'd)èritV) forthe ye8r ended 31 March 2021 wh￿h CL￿Pr￿ethe statement
of financial Ocu￿tieS, the b3lance the 5tstement of cash IIM and the notes tothe financlal 5tstements, Includln8 Sl8nlficant
Jntlng The flnanclal re￿1￿ framewLYk that has been applled In thelr prep3ratkn) ￿ app1ka￿e law and ufft￿ed
m Attountimg Standards. Indudini FRS 102 The Fihahtial Reporting stsmdard aPF4icablÈ in UK and Republic of IrÈlatsJ
Iunlted Kln8thm General￿AcCepted AccounUng Pract1￿1.
In•yropinlon. the financl41514temenl$=
%* atruÈandfalr￿eW0fthe ststeofthe tharita￿e tompany'$aff8lrsas at 31 MaKh 2021 andof its Intomln8 resty￿r￿* and
*p￿￿1tioN of reM￿re*&farthe yearthkn ended..
have boenpr4)erly yepared In accordanowlth Unlted Kltwm GeneralWAtceptedAtcounfjry Practlce.. and
have ￿eTrpre￿red In accOrda￿ew11h the requlrementsofthe CompanlesAct 2CQ&
Basls for oplttlon
We (￿d￿ted our wjdlt In I￿Or00nEe w￿h InterTrwtirrfwl %onthrd5 on AudrtknB IUW ILfA5 IUKTrI 4nd ￿p1￿ble law. Our
re5ponslb11th5 uThJer those stsndard5 are fvrther de5crlbed In the A￿lItor'S responsI￿1￿leS forthe audlt oltheThnarKhl ststements
sectlon of our reporL We are Independent of the charlty In atoxdance wlth the ethkal requlrements thèt are rel￿ant to ￿r 8ud5t
of the flnanclal statements ln the UK, In¢ludln8 the FRCS Ethkal Standard, and we have fulfllled our other ethlcal re5wnslbllltles In
aCcordan￿WIth these reqUIremen￿ We belfjeve thatthe aUdIte￿￿nCeWe ha¥eobtalts*d ts sufficlent and approprfateto p￿de
b*%i%fortyJr 4)irth.
Conclusioths relatingtogoinÈ ¢on¢ern
In audf(irg the finandol statement5. we hove wnduded th* tn45tees' use of the Bdn8 concern bosts ol accounfjrg In the
prepration oFthefinantlalst8tementstsapproprfaie.
Based on the work we hove performed, we hwe klerrtffied any moterkl uncertalntles rdatln8 to e%*nts LY cCffjdItkn￿ thoL
Indmdually or collect1ve￿, may cast slgnfficant dwbr on the charlVs ablllty to contlnue as a golry concern for a perltrj of at le45t
monthsfrom *thertthefin8ncial statemÈnts are a￿￿)NsÉd for l&sue.
Our reswn51bllkles ar*J the resF4Jnslbllltle5 of the trustees wlth ￿$Fttt to 8oln8 concern are descrlted In the relevant sectlons of
thls rÈptsrt.
Other information
The other Informatlon cc41)wlsesthe It)fOrmath￿ IKlthJed Inthe annual reportirtherthan the flnandal Aatemet)ts and audttcrf's
rèpLYt thereon. Thè trustÈÈs arÈ resptsNsiblÈ for the ather information tortairted within the annual rèporL Our opinltsn on the
flnanclal statements (ljes not cover ihe other Inlormatlon and, except to the exteni Othe￿Ise stated In our rekKrt, we do
not express any fomi of assurat)ce eoncluslon thereon. Our reSkK￿5ltII￿ Is to read the other Informatlcl) and, In dolng so, tot￿der
whether the other Informatljn Is MaterIal￿ IrKon515tert whh the finan¢lal Stateme1￿ or our knNled8e obtaIr￿d In the course of
the audlt, cf otherwlse appears to MaterIal￿ mlsststed. If we Ident￿ suth Th*erlal Incon5L4tencles or apparent m*erkil
mIsstateM￿ty we are required to detemiine whethÈr thi% 8i¥es rtse to a material mi%statement in thÈ finantial statements
themselve5. If, based on the we ha￿ performed, we cOrKI￿le th* there Is a materN Thls5t*ement of thls other Irtsm*lcffj.
we are requlredtoreportthètfatt.
We hwe noth1￿10 report in thls re8ard.
Oplnlons on other matters prescrlbed b¥ the CompattlesArt 211)6
Inthiropinion. b&ed onthework undertaken in thÈ course of ouraudlt
the Informa￿On in the trustees, repcrt. Indudes the direttors, repcrt pre￿red for wrposes of company18W.
fartheffinandal yearfttrwhiththefinantial slatements are prÈp3red15tttns15tÈnt wfth t￿finaNCIal statemÈrt%: and
th2 threctws. report InCI￿led wtthln the trustee5' rewrt have been prepared In accordarKe whh apFllcable legal
requlrements.
Matters on whlth we are requlred to reportby extrptlo
Inthe light of the knowl* and understandin8 offt￿ tharityand its eN￿￿oNMe￿ obtsI￿d inthe tourse ofthe audK * have
Id2ntffted materlal mlsstatements In thedlrectors, report Included wtthfjn thetrustees, rerorL
23

SKYWAY
INDEPENDENT AUDITOR'S REPORT {CONTINUED)
TO THE TRUSTEES OF SKYWAY
We h8¥e nothltK8 to report In respttt ofihe ftll￿￿n8 matters k) rethk)n to whkh the Ccthpgnles Att 2(XJ6 requlres us to report to
vou if. in ouropiniDn'.
ad4u8te att0iintl￿ retL¥ds ha¥* nrt bÈÈn kepL or re￿rn$ adequate our audlt ha¥e not been reteived from branchès
)t Visited byu5.' or
thefinancial statementsare notln a8reementwhh thÈ accountiry records and retums.. c¢
certalndlseknsures of trustees, remunerntlC￿ spedfled by laware not made: c¢
we ha¥e notieceNed allthe Infomiatlon aNI exWanath)ns we requireforouraud
Responsibilities of trustees
A5 explained more fvlly in the 5tatemert of trustee5' re5PW51ts1tt1e5. trustees, are 3150 dlrethrs of the chorltyfor the
wrpose of ccfflpany law, are res￿￿ble for the preparatlon olthe fknanclal statements and for beln8 satL4fled thattheyglve a true
and lalr vlew. and for suth Internal tomrol as the trustees dètermlne b t)Ècessaryio en8ble the weparatlon of flnartlal statsmet
trot are free material m155totrment, whetTrEr due to fraud or error. In preporln8 the ffflanctsl 5t*ments, the trustees are
reSp￿sIble for assesslnE the thèrws to cot)fjnue as a EolnE CO￿ern. dlsdoSl￿ as applICa￿e. matters relatsd to Eoln8
toncern and usln8 the 8thn8 tontern basis d attOJrti￿ unless thÈ trustees e￿¢her Intend to liquldatethÈ tharitaNe compan¥ c* to
se OFeratlons, or have M reall5￿¢ akernatl¥ebutio thj so.
Auditor's responslbllltlÈsfor audlt of thÈ flnanclal ststements
Our oblectl¥es are to obtaln reasot18ble assurarKe atty)￿ whether the fln8nclal statemet)ts as a whc4e are Iree frcth m*erfal
mlsstatemwL whether to or error, and to15suE an a￿lit0￿$ report th* include5 our OF4nion. Reasonable as5urance15 a
hlgh level of assuran￿ tr*rt Is not a Éuarantee th* 8th 8udlt CC4)dutted In accordance ¥Ath W (UK) wlll a￿¥v$ demct a materfal
misststemefit I¥￿N rt exlsts. Mi%statem*nts arisè from or Èrror and are tonsidered matsrtal if. Indiv￿Ul11y or In the
a8Eregate, they couhl reasonably be expetted to Influen￿ the ttonomlc ded￿On5 of users taken on the ba515 of these financlal
statements.
lThe8ularftle5, Includlw fraul are Instances of Mn-compllance wkh law5 and reBulatlons. We 1*5kn procedures In Ilne w￿h ￿Jr
responslbilttlès. outllned abo￿ ta detert m*erial mtsstatsments In res*ct of Irre8ularilies. ihtludin8 fraud. Thè extent tt+ whkh
our procedure5arecapab￿Of￿ete(*In￿1rre￿U1arl￿es, Includln8fraul15 detslled bdow.
As part of our plannln8pf+xes$'.
We enqulred of management the swems and controls the charty ha5 In ￿a¢e. Ihe areas of ihe finandal statemet)ts that
re most susceptlble tothe of Irre8ularhle5 and fraul and whether there was any known, 5U5perted or al*d fra￿1.
The dld not Inform u50f any knI￿n,SUspec1ed oral*d fraud.
We obtained an under5trndln8 ofthe le8al and regul*orytrdmework5aprJlcaWe to thecomparty.Wedetermlred that the
foll￿￿n£were most rel2¥ant:IheCharltySORP. FRS 102. CharltlesAct 2011. Compan*sAci 2ts)6 and Employment Law.
We consldered ihe Inceml¥es aThJ opportunltle5 that exlst In ihe ¢harlty, I￿lutIngIhe extem of managemeni Lth, whkh
present a wential for Irre8uL9r￿É%aThd fraudto be prpetu*ed. 8ndiailoredour rIsk8s￿sme￿t8ttard￿n8ty.
UslnB our knr￿￿dge céthe charfty. tOEether w6th the thscussljns held w6th the thèrlty atthe t4annlng staget wefOrM￿
tondusion on thÈ risk of missL8trment due to irrÈ8u￿rities intludin8 fraud and tailorÈd tyjr ryotedu￿ attorthn8 to this
riskas5e55menL
The keypro¢edwes we undertty)kto dete¢tirre8ul4ritiesindudin8frayd dumgthe ￿Y￿Se of theoutht in¢luded:
IdÈntrfyity and tes11￿ journal trtrfes and overall a¢¢othtin8 re¢￿th. In par￿¢U18￿ thwe th* were s18nkn ar*J
unusual.
ewln8 finanrKIl statement L15rknsures and determlnln8 *thether accwntln8 pdlcle5 have bEen apkyowlatety
applkd.
He￿iewIng ènd thollen8ln8 the è55umptk)ns and judgements used ty m4no8ement, and cOndwI￿ Ihal t￿re are r
sknfficantactountlngestlmates.
Asse551ngthe extentOfccfflthn￿, or lackof, ￿hthe re*vartlawsand re8ulatlcfi
TeStI￿￿evIncDme Ilne¥ kn pa￿CUlar ort￿ff,forevlIence0f mana8ement
Assesslng the ¥al￿rtY d the d8ssffic8tlon of incom< eXpe￿IlUre. assets and llatl1l￿es beN¥een unrestrided. and
restrktedfvnd5.
Performirwa physical verifftation of keyassets.
Obtalnln8thlr&F4rtyconflrmatknn of materlal bank ￿lanCeS.
D￿MentlnBand verffylnu all 5knlficant related party tqlancesandtran5arthJns.
24

SKYWAY
INDEPENDENT AUDITOR'S REPORT {CONTINUED)
TO THE TRUSTEES OF SKYWAY
OvMng to the inhErent limitstion5 of an audit, there is an unavoidaNe risk that we may not have detected 5orne materiol
misstatements In the finènciil sratements even though we have properly planned and performed our audit in accordance with
auditin8 Staftdards. The primary responsibility for ihe prewention and detedion of irre8uIBritie5 and fraud rests wirh the trustees of
the charity.
A further description of wr responsibilities is available C￿ the Flnancial Reportin8 Council's We￿te at..
https'.Ilwww.frc.orE.uk/auditc*sresponsibilities. This description forms partof our auditor'5 report.
U5• of our report
ThSs report is made Sole￿ tD the charitable company's members, as a body. in accordance with Chapter 3 of Part 16 of the
Cornpanies Act 2(M)6. OUT audit ¥York has been undertaken so that we might state to the charitable tompany'5 member5 those
matters we are required to state lo them in an auditor5, report and for no other purpose. To the fullest extenr permned by law. we
do not accept or assume resp)nsibility to anyone other than the charitable company and the charitable companV5 members 35
bth. for our auditwork. for this report. or for the opSnSons we have formed.
Sallesh Mehta 15¢nlor StatutoryAydltorl
for and on behall of HW F15her LLP
Chartered Accountants
Statutory Auditor
Acre House
11-15 Willi3m Road
London
NWI 3ER
United Kinldom
25