Charlty reglstratlon number 1097333 {England and Wales)
Company reglstratlon numbor 04383779
HUMBER LEARNING CONSORTIUM
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

HUMBER LEARNING CONSORTIUM
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr P Nthls(
PlrA Jonas
Mr M Jennings
Mr C A Dam811
MrG Betts
Mrs L Benton
Sgcrotary
MrA D CrossLand
Charlty number (England and Wa19sI
1097333
Company number
04383779
Règistsrèd offlce
63-71 Anlaty Ro*J
Hull
England
East Yorkshire
HU3 2LL
Auditor
RaL*hams A(mmtrt Limited
3 Melton Enterprise Park
Re¢*Jitf Road
Metton
East Yukshire
HU14 3RS

HUMBER LEARNING CONSORTIUM
CONTENTS
Page
Chalmian'8 8tatemenl
Th18t6es' report
Slalement of trustees, responsitmlftles
Independent auditorfs rewrt
8-10
Statement of financial adlvhies
11
Balance sheet
12
Statement of cash flow8
13
Notss to the finandd statements
14-23

HUMBER LEARNING CONSORTIUM
CHAIRMAN'S STATEMENT
FOR THE YEAR ENDED 31 MARCH 2025
HLC'S operaliw enmronment has remained challenging Ihroughoul 2024-25 and we exkwt the tsJrbul$nc8 10
continu8 into 2025-26 and beyond. HLC'S trar￿ltion to ￿MeStiC fijnding (UKSPF) followirvJ the end of European
(ESFI hjnding In 2023 w88 largely suceessfvl in tems of mairTtsining partnership approaches lo the delivery of
leaming & skills promsion - HLC woJ*ed wmh 24 parthers ac*os8 UKSPF aThY Mult￿lty in ￿th Hull and the East
Flding of Yorkshire.
though the annual contract values fcf UKSPF were broadly compgratrAe to ESF. Ih&r8 was stlll a funding g8P that
we were unatAe to close, and thls has resulted in a remd defi(il p)silion of £44,195 in 202425. UKSPF Is In
doubt beyor)d March 2026, and Mullipty ended nabonJty in March 2025. which only reirrforces the uncertainty
facing HLC and Third Sector organisati)ns operating in the leaming aTrJ skilh arena.
(ljr Adult Skills Fund cont￿1 has continued to defv8r exceptionally wdl, so il came as a hugè disappolnlm8nt to
leam wthout wior waming In March 2025 that ¢)ur 202&26 ASF allccaion of £477.000 h￿1 ￿en subsumed into th8
HEY local authoritres, wthout our prior knovAedge, as part of a devolution 'plof p￿esS in Hull and East Yorkshire.
To add fvrther lo the uncertainty we are graprAing wlh, 8 10% ASF contract top slice is now being applied by our
811ocated local a￿￿O￿ty, which wll resutt in a signifficant k)ss of inwme lo HLC next year.
HLC'S tXE 16-19 Study Programme continues lo grow anEI deliver. and il is meeting exprBss8d need across HLrfI
where NEET numbers have been on the rise for several years. A signifKant percentage of the young people we
work with, through our partners Goodwin Development Trust. Unty in Community, and Niche Training. have
EdLKab'on Health Care Plans (EHCPSI or are classed as high needs. and the fl&xibl8 1 infomial approach of our
Study Programme sulls them better than more fomial inslltuti￿s.
Our UKSPF partnerships in Hull and East Riding of Yorkshire (202>2025) bDth delnfered 3uccessful￿, exc8eding
Iheir respective ¢wtput and ￿lcoMe lar￿ts by ¢orr$ideral￿e niargins. Hull Cty Council has maintained its strong
working rdationship with the Thir(I Sector by fuThling th8 Hull Exploring opportunities partnershlp Into 2025-26.
Howev￿. East Riding Council chose to continue the ER Expk)rirvJ Opptsrtunities progi8mme, and this £1m per
year project Closed al the end of March 2025. Unfortunatety, one of Ihe East Riding partnw organisations folded
immediatdy as a result.
The deficit in 2024-25 turr)ed out to be lowEr than we had origlnalty ￿eCasted and this helped us to maintain our
cash reserve8 on 31 March 2025 at a hèalthy £808.680. The end of UKSPF in East F￿dIng and the MultI￿Y
programme nationally, will make 202&26 a more challenging F￿OsPecL uncertainty r8maining over UKSPF
beyond March 2026 and darity on ASF arml Sktlls Devolution unlikely to materiallse until early-2026. the next ccuple
of years wll remaln daunting.
A8 in previous years the HLC board of ttustees remains confident that HLC'S excellent contract delivery track
record, reputation wth stakeholders, staff team expertise, and it8 robust financBI he￿th (strong cash rese￿e8
position and m extemal bomMbrKJsl will enable th6 organisation to plan and respo￿1 proacbvely over thè nexi fèw
years.
Lynn Ben
Chalr of Trust•os
Date: 17 Septernb8r 2025

HUMBER LEARNING CONSORTIUM
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The Iruslees present the￿ annual re￿t and statem¥ts for the year eTrJed 31 March 2025.
The finandal statements have be￿ prepare(l in aCCorda￿e wthh the ￿)Unting poticies set out In note 1 to the
financial statements and Comply the d18ri￿S governiTr3 documenL the Companie5 Ad 20(￿, FRS 102 The
Finanoal Rep(￿ting Standard applicable in the UK and Republic of Ir@land" and the Charities SORP "knounliny
and Rop0￿￿ by Charities.. Stslement of RecommerKled Practice applicable lo charrfies preparing their account8 in
accofdance with th@ Financial Reporting Slandard appl￿ in the UK aTrJ Republbc of Irdand IFRS 102}'.
ObJectlve5 and activltles
Tha charitab18 objects of HLC are to promoto ￿ adva￿ment ofedUcafj￿ for the public benefft. In partkular..
lal To improve access lo leamiro wrtunrtw for u¥ers, volLnteers, arKI empbyees of voluntary a￿1 community
organisalions in Humber and Yorkshire
(bl To devdop vduntsry S￿01 leamirwj providw5 to meet qualty thresholds and 8tskeholder requirements
(cl To develop a partnershlp aFvoach to th8 ddivery and de¥eloF4nent of 1￿Mir￿j opw)rtuniti88 a￿1 gcxxl practic
Id) To cary out a$s￿Sted activities
181 To promote the efficiency and effectiveness of chwibes. y￿u￿tary and communlty groups based in the Humber
and Yorkshire region by providing lrrining and ortrgoiro supFort to increase their ability 10 8CC8ss fijnding and
participate in the Tegeneration of their area.
Public benefft
HLG'S ?ctivitie¥ womote the advallGem￿ of education for pubfjc benefiL In shapirKJ our objedivos for the year
and ptarining our actimties, the trustees have considered ts Charity Commlsslon's glwdance on public benefit,
includiny specific gUIdan￿ on fee charging.
We work with delivery partners, the fflaiority of whth 8te ￿t-fr￿-profit Organisatic￿5, to deliver a ronge of
?￿re￿iled and non-accredrted reaming opportunittes.
HLC'S ￿anIng provision is targeted at disadv&ttaged inth'viduaL8 arnl ￿MmunIti￿5. As 8 r8sulL where possÈble,
learning is prowded free of charge, or at the lowest possible cx)st to enc¢)urage access and partirApalion.
From a broader persFective, HLC'S activlties hdp *Jults and ywrKJ peo&￿@ *ithin the Yorkshire and Humber region
to engage on a journey that leads to further leamlng and l or Job op￿rtunitIes, beneffting tx)th the indivldLral, their
families, and communities.
Quality assurance and improvement pr¢xEs8e8 are wen a hKJh profile across HLC and its partners nthorks.
Guldance and training are regularfy provided lo ensure that defNery pathers and th8ir slaff members m￿t the
qualty thresholds of funders and inspection bodies.
HLC is committed to strengthening voluntary anil communtty sector (*9￿SationS lo deliver le8ming OPPDrtunilb8s.
Our experience dernonstrates that womoting the delNery of leaming oppmjtunities In partnership wlh local and
trusted community groups helps to errfJage those from the most disadvantsged backgrounds.

HUMBER LEARNING CONSORTIUM
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Achlovements and p•rfornianco
SignifKgnl 2ctwrf￿8 and achieven￿nts 8gainst obieGlives
During 2024-25 HLC has been 8Ne to Pr￿70t0 and dgtiver l&amir¥J opporhmities through thè followlng core
?clivitles, grants. aThJ contracts"
- Qualty and DeveloFrfnent
- DfE 16-19 Study Programme
- ESFAAdull Education Budget
UKSPF Mumiply Hull
UKSPF Muttiply East Riding
- UKSPF ExrAoring Opportunities Hull
- UKSPF Ex￿O￿ng opportuni￿e$ East Rldng
- National Lottery Community FurMI- Go(xl to Go pr4ect
wth our partners we have ddlvered a wde range of ￿arn1r￿J OPFQrtuntties to disadvantaged people. The contracts
and PTojects are summarised below. The lett￿$ Sn brackets demonstrate which of HLC'S tharitsble objact8 (see
above) are being met by a particular area of wo￿, grant. or contr
Quality and D&vekJpment {8. b, c, d. e)
Quality essurance and the development of our ddNery partners is a driven by our commitment lo conb'nuou5
improv&ment. Suppotting vduntary sector organisab.ons to becorne high quality leaming providers is one of HLC s
primary charitable objects and one of our 3 Strateg￿ p[K)rit￿. HLC Ca￿leS out a rang8 of quality Bnd development
actiwties, induding=
- Regular 1-1 ¢wality and supwrt visits to parkners
- Observations of leachirwJ. lèaming. and assessment (Indudng dual observations)
- Qualty Improvement Nets¥ork meetngs {&6 per a(sdenyc y&8r)
- Designated Safeguarding Officers netwoth (4 per year)
Continuing professlonal developmenl events
- Equality & diversity support, inc. E&D diaries and ￿enderS
Leamer enrichment actiwties
- Safeguarding & Pr8v8nl Dlrty support and thice
E-safety au(rrt8
- Vvebinars
- Telephon& 8dvic8, on-line meetiros, 1-1 supporL and virtual Defy￿￿ks
-A dedicated quallty rosources website
- Matrix IAG quality assuranco compliance support
These activities help HLC to maintain and strewien our relationships ￿ partner organisations. In turn helplng
them to bulld their own capaw and deliver hKJh qU￿lty leaming cpportunrties to our target beneflciarie&
HLC coniinues to demonstrate a strorrfJ commitrnent to (rywlty improvement and was rated 'Good' by Ofstfjd
inspèctors in June 2022. HLC has nIY￿ b86n rated 'Gcx)d" in aN ils inspectK)ns12012, 2015, 2022). HLC holds the
Matrix infomation, adwce. and guidan￿ qualrty standard, and Cyber Essentials accrethtats.l￿.
DIE- 16-19 Sludy Programme startedAugust 2023 (8. b. c. e)
The Study Programme replaced our p¥evlous 16-18 Traineeship contrad when the national Tr8ineeship8
programme wa8 scrapped by the fomler ConseNative govemmenL This contract is deliverpd by 3 communlty-
base(1 partners. HLC will be seeknng to grow Its St￿Y Prcgrnmme delivery InCr￿n8n￿lIY and carefully over the
(x)millg 2-3 academic years to develop and maintain quallty of provi£40n.

HUMBER LEARNING CONSORTIUM
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
ESFA-Adult Skfils Fund (f0M￿￿Ad￿1è Educalfv)n BuGN- slartedAugust 2023 (8, b, c, e)
HLC was one of only 55 training woviders nationally to bid successfvny through the 2023 SFA Adult Skills Fund
IASF) procurement exercise. The ASF pr¢gramme SUF?￿ts ad￿1$ a9ed 19+ offering a range of flexitle a￿redited
units and qualificati￿8 that are designed lo prryJress iThlMcluals into employm8nl, further leamin9. or car88r
progression. In 2024-25, HLC worked with 5 enmmunity-based delNery pathrs in Hull & East Riding. We intend lo
growASF provlslon gradually, adding new pathers and local delivery over the next 2-3 years. ASF will ￿rne under
the local remlt and corrtrol of the Hull & East Yorkshire mayor￿ COMI￿r￿ Authority (via Devolution) in summer
2026. An interim pilot devolution arraroement is in place for 202&26. %thich will see HLC'S ASF fvndlng 'account
managed. by HUN TraIt￿ng & Adult Education fLY one aGwJemic year.
UKSPF Multiply Hull Novgmber2022 to Ma￿h 2025 (a. b. c. d. èj
Multiply was a national >year numeracy progr￿rne aimed at adutts aged and funded thr￿gh 8 20DA top slice
of the UK Sh8r8d Prosp8rily Fund IUKSPFI. Multiply was designed to Improve adutts. nUMe￿¢Y ski118 ty engaging
them in activities that develop their ccnfidence wAth numbers. HLC led a partnersh￿} of 4 ￿MMunity based VCSE
organisalions who delivered maths-based activitres across the (yty of Hull. The HLC-￿d partnershlp delivered 3 out
of the 5 Multiply contracts that were tendered c¥Jt by Hull Clty cou￿￿1. lTrÉse acfvitles ended in March 2025 when
the Multiply programrne was closed natlonally.
UKSPF Multiply East R￿Nn9 Nov8mber2022 lo Ma￿￿ 2025 (a. c. d)
HLC is leading a partnership of 5 wmmunity has￿ VCSE pathers are delivering maths engagemonl aclivllles
aC￿sS the East RKling ol YOrf(Shi￿ tsrith a particular emphasis on Bridlinglon. Gcole. and Holdemes& The ER
Multiply COntr￿t is ended in March 2025 when the national programme was dos&J.
UKSPF Explonng Opportunki&s Hull fn)mApn7 2023 to Ma￿h 2026 (a. b. c)
Funded through UKSPF Hull CTty Cwnal a8 Ihe a￿￿￿￿table body, EO Hull is an HLCAed partnèrshlp project
wlh 8 expèrienced Hull-based oiganisalrons It aims to SUPPLYt unemployed and ecornmically inactive residents
th the goal of progressing them into employment ¢x fLtrther leaming ¢x movlng them closer lo the laty)ur market.
The partnership provides benef￿a￿leS wth 1-1 ke￿er arml a personalised programme of supwrt, inclutting
dedica18d mental health and (Jebt thice 8eThices. The ddNery m(Klel ￿lId5 upon best practice from our 8￿CeSS￿l
CLLD, BBO, and Springboafd wogrammes.
uKSPFExpl￿lng Opportuniti&s Easl Rft*ng frOmAUg￿ 2023 to Math 2025 (a. b. CJ
Funded through UKSPF with East Riding as the acc(NJntable body. EO East Riding was a successfvl HLC-led
partnership pfoject with 8 experienwl ER-b8sed organi8ats.c￿8 It supported u1￿MplOyed and econC*n￿l1Y inactive
re￿dentS wth the goal of progressiro t￿M into eM￿)yMent or further reami￿ lx moving them clow lo Ihe latx)ur
market. The partnership prowded t¢neficiari8S Wtth 1-1 keywrxfrer arKI 8 personalisecl prOgr￿nMe of support,
Including d8dicatad mèntal health and d8bl advice se￿iCe$. The deltvery model bu1￿ upon best practice from our
successfvl CLLD. BBO, and Spmgboard programmes. The programme dosed in March 2025 w￿n East R4JirKJ
CounGiI chose Tr)t to Commissi￿ any VCSE w0visi￿ via UKSPF Pe(W& & Skills.
National Lollery Communty Fund- Good to Go fnNn Apiil 2024 to M8fth 2026 (8. o d)
A 2-ye8r LDttsry-fvnded programme (Reaching Communitie81. vthich is fc￿￿ed on fi￿t 81eps arn180￿1 inclusion
tivilies that act as a bridge into employatAiity provisNJn.
Flnancial reviow
This y&ar. HLC 18 reporting a deficit £44,195 FrLKn a }Inan￿31 I￿alth Per5￿t￿e. HLC has robL￿t su$tsirwbility and
geating ratlngs LkJrrowngs}, ￿1th an unrestrict&J reserve rn&bon of £808,680.

HUMBER LEARNING CONSORTIUM
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Plans for futurn pariods
At the lime of wtting, the govemment 18 yet to anrnLmce what th8 future Of UKSPF funding might look like beyond
March 2026. Clarity on this is critical because ￿ ma1(￿ty our partners ￿anISatiOnS are currenyy delivering on
HLC'8 UKSPF programmes and arg dependwtt on it for their sustainabilty Tr lack of NEET andlor In&live
TrailbI￿er status in Hull and East Yorkshire is CCfflFounding thg issue not only for VCSE sustsinabitty, bul also for
provision sufficiency for young Feople and unemployedlinactive adults.
Our AduA Skills Fund provision is cAJrrenty und8r a teMp￿ary"pll0r manyment arrangemont wth Hull Trnining &
Adult Education in aJvan¢e of fiJll Hldl & East Rhling skill$ devoluticn in Auwgt 2026. are hoping to secure and
grow our own ASF ddivery for 202&27 through a crmibined authority pl(￿rement pKocess, which 18 ON￿cted to
launch in 6arly-2026.
Th8 16-19 Study Programme CC￿tinueS lo deliver wetl, and ￿ are aimirvJ io glow thi8 organicalW w-LxFyear, with
the goal of eventually doubfing the overall contracl value.
structurep governance and Manage￿￿1
The chanty is controlled by its pveming dc¢ument. a deed of trust. ￿nStituteS a limited company, limihl by
guarantee, as defined by the CompaniesAct 2Crf)6.
The trustees, who are also the directors for the purpose of cornpany 1¥4V. and who served during theyear and up to
th8 date of signature of financial statements were:
P Nicholson
MrAJonas
Mr M Jennings
Mr CADarndl
Mr G Betts
Mrs L Benton
Owanis8fion81 stmclu
A board comprising six trustees is the currenl Ihe ￿0￿nIable body for and oversight wHhln the agreed
framework sel out in th8 Memorandum ofAssociats'on.
Th8 Irvstees meet quarterly to discu&8 and arprove major deusions. The board of HLC has a Financè & General
Purposes sub-group, which meets in advance ol a fvll trM)ard meeting to scrutinise the financial and management
accounts. A monagemenl team u)mwising a Chief ExerJJtive, Deputy Chief Executwe. Quality Director.
overse8s the day-lo- day operations of the organisation. The Chief Exe(xrtnie also sewves as the Company
Secretary.
The tnjstses seek lo utilise a partnership apwoach in the devdopmenl of slrdlegy, which enables the whole slaft
team lo engage in and discuss issues affecting the orgardsatton. We meet as a whole group every January for an
away day. This ensures that the staff team remains fulty engw and that strategTrc decisions of the ly)ard b6nefil
from the expertise operational experience of all empknyees. Responsibility for fhe day-to-day operations and
implementation is subsequenyy taken by in(fjvi¢*Jal member of staff, as appropriate lo their level of
responsbility-
cOn￿clUa1 Partnethps
Humber Leamlng Consortium uknlises contra(knl p*tnershlps lo enab￿ ddivery of a broad range of servlces in
sut4)ort of leaming within the voluntary and (y)mmunity Sector IVCSI. In this cDnl8xt the organisation has worked
very ￿CCessfUllY wth the Education & Skills Funding Agency. Department for Ethcalion {DfEI, National Lottery
Community Fund. Hull Clty Counal IUKSPF & Mutttply}. and East Ri(fjw of Yorkshire Council {UKSPF & Muttiptyi.
HLC alstr has strategic alliarKes which support VCS leaming.. parbws include Hull & East Yorksh￿8 Business
Growth & Skills Hub Iformerfy HEY LEPI, arKf the National caree￿ SeJviL*.

HUMBER LEARNING CONSORTIUM
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 AIARCH 2025
Risk npan&gen￿nf
Th$ Irust88s have a duty to idenlfy 8TrY review the risks to ￿[ch the ch&rity is exwJ8ed and to ￿U[e 8ppropri8te
controls are in pFace lo provlde reasonable assurance against fra￿1 and er[￿.
The m8nagem8nl team in coriunclton wlth trustee representatives rnvi8w th8 risks f￿ed by the organi8alion. A risk
gisler is held and reviewed per1￿1￿llY to assess thangirg risk f￿t0[5. The main risks to the organlsallon
considered a5 part of this strategy ar8 as follovts:
1. Corporat￿StrategIc Factors
2. Goverrk3nce and Management
3. Flnanclal
4. Personnel
S. Teaching. Leaming & Asséssment
6. Communlcallons, Infornialion Technology and MIS
7. Premises and facilrbes
8. Marketing
g. Natural disaster
Audltor
Followlng a procyJrement exercise Rackhams Accountsnts Limtied rtrapptsinted by HLC trustees at the 2023 AGM
for a 3-year period.
The
stees, report was app￿ved by the Bo¥d of Trustees.
MrA D Crossland
Company Secretary
17 Septemtor 2025

HUMBER LEARNING CONSORTIUM
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees, who are also Ihe dlrectorn ol HumLw LeamI￿￿ CcffjS￿IluM for tho purpose of company law, are
responsible for preparfng the Trustees. Report and the financial stslements in accord8nce wth appluble law and
United Kingdom Accounting Standards (United KJngthJn Generalty AcceptedAccounting Practice).
Company18w requires the trustees to prepare finanrAal 5tatemerits for each financial year which give a true and fair
ew of the state of affair8 of the charity and of the irKomiry re8ouwrEs and appli￿tion of resourcos, inclLKli￿J the
come and experKJiture. of the (tharltable compary for that year.
In preparing these financial statements. the I￿￿teeS are required to:
sal8Ct Suitab￿ accounting Policies and then apply them COn￿sten￿..
observe the methods and rfflnciples in the Charitie5 SORP..
- make judgements and eslimales that are reasonable and pruden(
slate whether applicable UK Accounting Stsndards have follcv#&Y. subject to any material departu￿$
disclosed and explained in the financial statements., and
- prepare the financial stat￿nentS on the g)It¥J concem unless il 18 inappropriate to Presu￿ that the charity
11 continue in operaoon.
The tnjstees are responsible for keeping adequate accounting records th* dl8dose with reasonable aGcuf8cy BI
any time the financial positi.on of the charity arKI enthe them to ensure that the financial stslements comply with the
Companies Act 2006. They a￿ also responslble for safeguarding the assets of the charity and h@nce for taking
reasonable steps for the prevention and detect￿ of fraud arKI other Irr￿ul￿ritieS.

HUMBER LEARNING CONSORTIUM
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF HUMBER LEARNING CONSORTIUM
Oplnlon
Wa have audted the financial statom&nts of HINnber Leamirg Consortlum (the 'charrVI for fhe year endèd 31
March 2025 which Gomprise the statemenl of financial 3ctNths. the balance sFwt. the ststemenl ofcash Ilows and
notes to the financial slalemerrts, indLrdirMJ Signifi￿nI acLountlng wlicie8. The financial reporting tramework that
has been appli&l in th8ir weparatK)n is ap￿[cable law al￿ United I￿ngd￿ Accounting Standards, induding
Flnanclal RepC￿ing Standard 102 The Financlal Rewrting St8ndartl &pplic8bl8 in the UK 8nd Republlc of lTrland
(United Kingdom GeneraltyA￿d ACC￿￿11n9 Pradce).
In our opinion, the finanual statements:
glve a true and fair view of the state of the tharftsble companys affairs BS al 31 MarL*) 2025 arKI of Sls
incoming resources and application of iesources. for the year then ended;
have been pmpwty prepared In acc4)nlarKe Untied lfjrv1(￿n G￿￿llY Accepted AccountiTrJ Practice.,
and
have been wepared in accordance ¥￿th the requI￿ents of the cl￿npanIeSA¢t 20(￿.
Basls for oplnlon
We conducted our audit in acC(*dar￿ wth Intemational Stsndards rA) Auditing IUKI {ISAs (UK)) aThJ applicable
law. Our rEsponslbilities undor those standards are fvthr descrthd In the Auditors rgspons1bil￿eS for the 8t￿￿1
tl)e financi81 stat8ments sedion of our report. We are independent of 1hé charity in accordance whh ethical
requirements that are relevant to our audit of Ihe financial Statements in the UK, including the FRC'S Ethical
Standard, and w8 havè fulfilled our other ethicd resP(￿SIbil￿es in a¢L¥)rdan￿ with these requirements. We believe
that the audit evidence we have obtaned is sufficient and appropriate to provid& a basis fcf our opinlon.
Conclusions relatlng to golng concem
In audlllng the financid slalemenls, we have corKlud2d that the ttuslees, use of the g￿ng conc£m basts of
accounting In Ihe preparation of the thaTrial statemenls Is akwropriate.
Basad on the work we have perfomed, we have not Njenlified any malerial uncertainties relatiNJ lo events or
Ctjnditions that, indi¥iduJty or collecbvdy, may ¢381 slgnrficant doubt ￿ the charity's lo continue as a going
concem for a period of al least ￿￿ve months from *then the financk91 statements are authorised for issue.
Our respOns￿l[ltieS and the responsibilthes of ts trustees Thith respect to g￿ng concem are descfibed in the
rele￿t sectlons of this repcrt.
other Infomiatlon
The other Infomiation comprises the infoTmation included in the annual ieport ot￿r than the fina￿lat slalements
and our audilD¢5 report thereon. The trustees are respons￿19 for the other infomiation contBin8d within the annual
report. Our opInK￿ on the financial slat8ments does not cover the other infomiab'on we do not express any fom
of assurance condusion thereon. Our reSpOn￿bIl￿ i8 to read thè other information and, in doing so, consider
whether the other irrfomi8tion 18 Materi￿lY inconsistent with the financial statements or knthedge obtalned in
the coursè of the audit, or otheMise appears to be ma18rialty rnisstaled. Jf we identrfy such malertal inconsistencies
or apparent rnaterfal misstatements. we are required to determine whether this gives rise to a material misstatement
in thè finanual statements themselves. If, based the work we have perf0M￿d. we conclude that Ih8r8 IS
rnaterial misstaternent oFthls other infonnation, y￿ are reqi¥red lo rewl that fact.
We have nothing lo rwt in this regwd.
Matters on *thlch we are requIr￿ to report ty 6x￿pIlon
Wo have nothing to report in respect of the followng matters in r8iatron to whith the Charlljes {Accounls and
Reports) R8gulations 2008 requires us to report to you rf. in opinion"
the information given in the finanoal statements is irKcn5i5terrt ID ary materlal respect with Ihe trustees,
report., or
sufficient aCc(￿ntIng records have not tseen kept or
the financlal statements are not in agreement wth the aecounung records" or
w8 have not r￿e1Ve￿ all the infomialion aTrJ eXp1ar￿li0ns we require for our audii.

HUMBER LEARNING CONSORTIUM
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF HUMBER LEARNING CONSORTIUM
Responslbllltles of tru8tees
As expl?ined more fully In the statement of trustees, responsiLNifoes, the trustees. or@ also the dirthrs of the
charity for the purwse of company law. are responsitrAe the preparation of the ffiancial slatemènls and for belng
satisfied that they give a true and fair vtew, and for such int8mal control as 1he trustee5 determine is necessary tcs
enable the preparation of financial statements that are free from material misstalemenL whether due lo fraud or
error. In preparing the finandal statements, Iho trustees are responsible for assessing the Charit￿s ability to
continue as a going concern, disdosing, as applicabl8, matters related to going concetn and using the going
concem basis of accounlirwj unless the trustees either intend to liquidate the charitable company or to e8as8
operations, OT have no redistic alternatNe bLrt to do so.
Audltorfs responsiblllues for the audlt of thg flnanclal ststwngnts
We have been appointed as auditor un*r se¢ts'on 144 of the Chariiies Act 2011 and rewrt in accordance wth the
Act and relevant regulatiiTh haviw off￿1 trweunthr.
Our objectives are to obtain reas(￿1th assurance aboul whelher the finandal statements as a whole are fre8 from
material mi8818tsmenl, wthether du8 lo fraud or error, and lo issue an audrtorfs report that Includes our opinion.
Reasonable assurance is a high level of assuranc8 ixrt is not a guarantee that an aulfrt conducted In accorda
with ISAS (UK) wll always detect a material misstatement th it e￿tsts. Misslalemènts can arise from fraud or
error and we considered mat6rial rf, indivmlually or in the aggregate. ttw ciwld reasonaLly ba expected to irffluenc8
the economic decisions of users taken on the basis of the58 financial sL*ements.
Tha éxtent to vthich our procedures aro capablg of d*ecting irregularities. Ir￿uding fraud, is detailed bdow.
As pgrt of our plannlng process:
We enquired of rnanagemewrt the Wewns ar¥J o)ntrols the company has in place. in the areas of the
financial statements that are mostly gusceptible to the risk of irr8gu&rities and fraud, and ￿ether there
was any known, suspected. or alleged fraud.
We obtained understanding of the legal and reguL91(ry frameworks apFli¢able to the company and we
detemiined that the lollowirvj ￿Te most relevant: FRS 102, Companies Act 2006. Health and Safety at
Work Act and Employment Law.
We considered the incentives and 0[P￿tunitieS that exist in the company, including the extent of
management bias, which present a Wen1id for irregulariti8s and fra￿ io be peFpetraled, and tailcfed our
rrsk assessment accordingly.
Using our kn￿ledge of the ￿Mpany, together ￿th th8 disCu￿OnS held wlh the company al the planning
stage, wo formed a cxjnclusion on the risk of misstatement due to I￿egUlar[tieS, including fraud, and tailored
r procedures according to this rlsk asS@ssm￿tt.

HUMBER LEARNING CONSORTIUM
INDEPENDENT AUDITOR'S REPORT (CONTINUEDI
TO THE TRUSTEES OF HUMBER LEARNING CONSORTIUM
The key w4Jcedur8S W8 undertoi* to detect iwularitoes inL4LKling fraAd duriro the course of the audit included:
Identifying and t&sting joumal entries and the overall ￿cOUn11r￿ records. In pathular. we lesled items that
were significant and unu8uel.
Reviewing the ffnanual ststement disdosure8 and deterniining ac(thnting policies have b
appropriately appli￿.
Revrewing and (liallenging the assumptions and judgements used by management In their significant
accounung estimates. In particular, we Con￿dered giyrYJ CO[￿eM and impaimient of trade debtors.
Assessing extent of complia￿. or1o¢k of, wilh th& rethnt I?￿S and re￿lat￿)n8.
T8sling key revenue lines.
Performing physical verificAtion of key assets.
Obtsinlng knird party confimiation of materid balance5.
Documenb'ng and verifying all Signif￿￿1 related party balan￿ and trwGtions.
Reviewng documer)tation s￿h as the ¢))mpary IK>ard mn)utes. correspond8nc8 ￿th sollcltors. for
disCUS8ions of irregularifies indudirKJ fraud.
Owing to the inhorenl limitstions of an audit. there 1$ ?n Unavoidab￿ risk that we may not have detected some
material misstatemen18 in the finanrial statements even though we have property planned and perf0m1￿1 our audit
In accordance with audttlng standards. The primary respongtiltty for thp prEvenlion and d@1oCtion of irreguiarities
and fraud rests wth the directors.
A fvther dgscrfption of our r&spowbilities Is available on the Finanual RepOrtIr￿ Council's website at.. https:11
www.frc.org.uklaudilorsresponsibilities. Thls dv3cripti()n frKms part of our auditorfs report.
Use of our report
This report is made sc4ely lo the charity's truste8s. as a body. in accordance wlth Part 4 of the Chariti8s {Accounls
and Reports> Regulations 2008. Our audit work has beer) undertaken so that we might stsle to the charity's trustèes
those matter3 we are required to stale to them in an auditor's rep(￿t and for r￿1 other purpose. To the fullest oxtenl
pemiitted by law. we do not a￿p1 or assum8 respOnsi￿lIty lo anyone other than the charity and the charity's
trustees a8 a body, for our aud.
¥•￿￿k. for this reFK¥t, or fc*the Opin￿mS ￿ have f(*Thed.
Mr Trgvor Rackham FCCA (Sanlor Statutory Audltor)
For and on beh￿f of Rackhams Accountants ￿MIt￿l. StatutryyAudilor
Chartered Certified A￿Ountants
3 Mellon Enterprise Park
Redcltfl Road
Melton
East YorksFur8
HU14 3RS
17 September 2025
Rackhams Accountsnts Limited is digible for appointment as auditor of th8 charity by virtue of its eligibilty for
appointment as auditor of a CDmpany under secknn 1212 ofthe CCrfnpan￿Ac1 2006.
10-

HUMBER LEARNING CONSORTIUM
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Total Unrestrlcted Restrlctsd
funds
funds
2024
2024
Totsl
nds
2026
funds
2026
2026
2024
Notss
Income from:
Charita￿e actiMtie8
Investsnenls
1,309,689 4.164,861 5.474,550
15,960
15,960
747.346 3.934.780 4,682,126
5,108
5.108
Total Income
1,325,649 4.164.861 5,490.510
752.454 3.934.780 4,687,234
Expendlture on:
Charitable aclivilie8
1.369,844 4.164,740 5,534.584
828,798 3.837,243 4,664,041
Totsl expendlturn
1.369.844 4.1eA,740 5,534,584
826,798 3.837,243 4.664.041
Net Incom8llaxp8ndltur•)
144,195)
121
(44.074)
(74,3441
97,537
23,193
Transfer8 be￿on
fun(Is
(3)
124.449
{124,449)
Net movernent In
funds
144.1981
124
{44,0741
50.105
126,912)
23,193
Roconclllatlon of funds:
Fund balances at 1 Awtl 2024
852.949
1195)
852,754
8￿2,644
26.717
829,561
Fund balancos at 31 March
2025
808.751
(71)
8OB.680
852.949
1195y
852,754
The 8talem8nt of financi￿ activiti8s indudes al gains a￿1 losses ￿e0gnised in the year. All income and èxpenditure
derive from continuing aC￿￿tIes.
11

HUMBER LEARNING CONSORTIUM
BALANCE SHEEr
ASAT31 MARCH2025
2025
2024
Flxèd a8sel8
Tangible assets
11
1,808
5,614
Current assets
Debtors.
Cash al bank ané In hand
12
525,807
832,128
699,453
995.467
1.357,933
1.694.920
Credltots: amounts falllng due tAlthln
one year
13
1551.c￿l)
{847,780)
Net current assgts
806.872
847,140
Total assets les8 currgnt Ilabllltles
808.680
852,754
The funds of tho charfty
Rest￿1&d income fvTrJs
Unrestricted fvnds
16
17
(71)
808,751
{195}
852,949
808,680
852,754
The company Is entitled lo the exern￿.0n from lh8 audit r&wlremenl Cont￿"ned in sectrjn 477 of the Gompanles Aci
2006, for the year @nded 31 March 2025.
The dlTectors acknowAedge their responslbilttres for comrAwng with the requlrements of the Companies Act 2006
with respect to accounting records and the preparatim of financial statements.
The members have not required the company to obtsin ￿ audit of its finawal statements urk*r the reqU1￿ments
of th8 CompaniesAct 2006, for the year in queslh)n in accord8nce ￿th secaion 476.
These than￿￿1 statements have been Fwared in ￿dan￿ wtlh the proMsion8 applicable lo companies wbject
to the Small c¢)mpanie8 reglme.
The finanaal ststements were approved by the tr￿tee8 ￿ 17 September 2025
Company Sacretsry
Company registration number 04383779 IEwLand arnj Wa￿)
12-

HUMBER LEARNING CONSORTIUM
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2026
2024
Cash flow5 from operatlng actlyltles
Cash absorbed by I)P￿StIonS
{178.3081
(188,448)
Investlng a¢UvlUes
Purchase of tan9lble fixed assets
Proceeds from disposal of tangible fixed
8ss8ls
Inv8Stmenl income re￿Ned
(1.049}
15.960
5,1t18
Net cash generdted from Investlng actlvltles
14,￿7
5,108
Net cash generated from flnanclng actlvltle5
Net decrease In Gash and cash equlvalents
{183.3411
1163,340}
Cash and cash eqUiVa￿r1ts al t￿ginnIng of year
995,487
1,158,807
Cash and cash equlvalents at end of year
832,126
995,467
13-

HUMBER LEARNING CONSORTIUM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng polkles
Charlty Infommtlon
Humber Leaming cons￿l￿M 18 a private CoM￿nY limited by guarant08 ifKoryh)rated in England and ￿les,
The registered office is 63-71 Anlaby Road. Hull. E￿￿and. East Yotkshire, HU3 2LL.
1.1 Basls of Prapara￿On
The financial stateme￿3 lyave been prepared In accordance vrilh ttle charitys goveming document. the
Companles Act 2006, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic ot
Ireland, arxl thè Charities SORP "AccounÈ'ro and ReporbThJ by Charities.. Stsletllent of Recommendad
Prxtice applicable to L*arities w6parirKJ their accounls in a￿rdaTrce with the Flnanual Reporting Standard
applleable In the UK and Republic of Ireland (FRS 102)" The charity is a Publ￿ Benefit Entity as (kfined by
FRS 102.
Th& charity has taken &Jvantsge of th8 provigons in the SORP charities not to prepare a stathenl of
ca8h flows.
The finanoal Statements are prepared in sterling, Ithich is the fvncliond ajrrerry of the charlty. Monètary
amounts In these financial 8tatements ar8 rounded to fv nearest £
The financial statements have been prepar￿j undèr Ihe hlstorical cost convention, Imrxgifled to inclLKJe the
revaluation of freehold properties and to indude investrnent properb&% and certain financial instrunents al falr
vduel. The prinopal xcounting p￿ILle8 adopted are set Cmjt below.
1.2 Going concgrn
At the lime of appwng the finanaal statements, ttie trustees have a reasonable &xp8ctBlion that the charity
has adequat8 r8sourc8s lo conkn.nue in operational existence for th8 foreseeaNe frJture. Thus thè IrLL%lee8
continue lo adopt the gK)ing concem basis of accounting in preparing the financial slatemenls.
1.3 Charltabla funds
UnrestriLtsd fiJnd5 are avallat4e for use at the ￿lS￿ello￿ of the trustees In furtherance of their chwilable
ot¥ectives.
Rèstricted funds ¥e subjeL# to speafic Cond￿On5 by th)nors cff granlors as io how they may be used. The
purposes and uses of Ihe restrtcted are set out in Ihe rM)tes to ￿ ffinanclal statements.
End0Vm￿nI fvnds are suty'ect to s￿1￿C conditirms by dorm that the capiial musl maintained by the
ch8dty.
1A Income
Income is reccMJnised whon fhe charity le￿lY entitled to it after any performance conditions have b&en me(
the amounts can be measured rdiabjy. arKI it is prOba￿e that irwme will r￿1ved.
Cash donatH)ns aro rewJnrse(l on receipL Other thjnations are recwised once the charfty has been nolrfied
of the donation, unless ￿rfOrniance condthons rwuire deferral of Ihe amount. Income lax reweraue in
relation lo donatM)ns received Gfft￿d ￿ deeds of covenant reccMJni8ed atthe time of the donation.
Legacle8 are recL)Jnl8ed on rwwpl cr ottvwise rf the tharity has been notlfled of an impending distribution,
the amount is known. and receipt is 8xr*thd. If the amourrt is not kn[￿￿. the ￿gacY is treated as a
contlngent asset.
14-

HUMBER LEARNING CONSORTIUM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles
Icontlnuedl
1.5 Expandlture
Expendituie is Tecognised Or￿ there 18 a legal or CL¥￿In￿ obllgation to transfer economic benefft to ?
third paty. il is prOba￿e th8t a transfer of econom￿ Lwn8fft8 will be requwad in s8tt1emenl, and the amount of
the obligation can be measured reliabty.
Expenditure is dassified ty actswty. The costs of each activty ar8 made up of the totrdl of thr￿t CO818 and
shared costs. including support costs involved in undertaking each activity. Diwt costs attributable to a single
activtty are all￿￿ted directly to that activity. Sha￿d costs contribute to than one actlvity and
supwrt costs Ithich are not attrib(rt8ble to a sin* activity are apportioned be￿￿ those actiwtss on a basi8
conslslent with the use of resources. Central stsff costs are allocated on the ba8is of time spent, and
deprery8lion charges are allr￿￿ted on the portion of the asseys use.
1.6 Tanglble fLxéd assets
Tangible fixed assets are inilially measured ai c#)st and subs8qu&nty m&asured at cost LY valuatK)n. net of
depreaation and any Impaiment losses.
DepreU8tI￿ Is recognised so as to ￿lte off ts cost OT v￿VatiOn of assets le55 their resldual values over thelr
useful lives on th8 10110sMng bases:
Plant end equipment
3 yaars LN) tsjst
The gain or loss arising on the disposal of an asset is detemined as the drfference be￿een the s81& proceeds
and kne carrying vaue of the asset, and is recognised in the statetnent of financkgl activities.
1.7 Impaim8nt of fixed assets
At each reporting end dale, the thB17ty reviews the carrwng amounts ol rts tangible as8ets to determine
wthether th$re Is any irKlicatlon that Ihoso assets have suffered an impairment loss. If any such Indication
exists, the recovernble amount of fv asset is esth'm8knJ in ￿der lo deternii￿ the extent of the Imp8imienl
Ioss {rf any).
1.8 Cash and cash oqulvalgnts
Cash and cash equivalerrts Ir￿lude cash in hand. deposits held at call th banks. other short-t8mi liquid
investments with Origin￿ rnalurities of three months or less, arKI bank ove￿rafts. Bank overdrafts are shown
thin tL)rrowings in Gurrent lia￿lI￿eS.
1.9 Flnanclal Instruments
The charity has elected lo apply the provtsions of ￿lDn 11 'Baslc Flnanu81 Insknjments, 8nd Section 12
'Other Finan￿al Instnjments Issues. of FRS 102 to of its fina￿la1 inslrunents.
Flnancial instrum8nts are I￿ognis￿l in the balar￿e sheet the charity become8 party to th8
contrac￿1 provisMJns of the inslnjment
Financial assets 8nd li8bililies are offset, the net amounts presented in the financlal statements, when
there is a legally enforceable right to set off the reC￿3r￿se￿ wnounts and there is an intention to $8th8 Dn a net
ba8is or to realise the asset and sethe the liability simultaneously.
Baslc financial assets
Basic financial assets. which irKlude debt￿5 and cash aThJ bank balartts. are initially measured at
transactlon price induding Iransac4ion cosls aNJ are Sl￿￿entIY carni8d al amortised cost using the effective
Inte￿St methcKI unless the arrangement consttiutes a financing transacth)n, where the transaction 18
measured at the preserrt vdue of the future receipts disc¢xJnted al a martet r*e of inlwest. Financial assets
lassified as receivable wkthln one year are not amortised.
15-

HUMBER LEARNING CONSORTIUM
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles
{Contlnuedl
Basic flnanclal Ilalm'litles
Basic financial liabil￿e5, incluthw ¢￿d[torS and bank bans are inrtially rxognised at Iran8actK>n prKe unles8
the arrangement Consti￿ a financing transacti￿, vJh8r8 the debt instrument Is measured al the present
value of the future payments th￿Unted at a market rate of interesL Financial liabilities dassified as payable
w￿h1n one year are not 8morti8ed.
Debt instruments subsequenty carried at amoFbsgJ rt ￿rrfj the effective interest rale meth1￿￿.
Trade creditors are obligations to pay kn goods or Se￿CeS that have teen acquirod in Ordin￿ course of
Operat￿n$ from supplieTr. Amounts payable are cL2ssrffed as current liabil￿)eS rf paymenl is dLte wthin one
year or less. If r￿, they are presented as non•curtent Irdbilrties. Tr&Je Cred￿Or$ are recogni5ed initialty at
tranwtion price and $ub¥equentty measured at amortised cost ￿r￿j Ihe effectiv& interest methLXI.
Derncognition of flnanclalllabllllles
Flnancial liabilities are derecognised when the dlarlty's C•)rrtr8thal obligations 8xpire or are rfischarged or
can¢8lled.
1.10 Employee beneflts
The cosl of any unused hojiday enfiuement is reLWi￿sed the in whKh th8 employee's services are
received.
T8miination beneffts are reLxwised IMMed￿telY as an expense kn the tharity is demonstrably commltted
lo temiinate thè 6rnployment of an employee or to wvkle temiin8ll￿ t*neffts.
1.11 R8tlrement beneffts
Payments to dèfined Contribub"C￿ relirement benefit schemes are Cha￿ as an expense as they fall due.
Crltical accountlng estlmatss and Judg8m•nts
In the applicalbn of the charrty's accounting polKies. th& Irusteos are required to make jLfdgements, estimates
arKI assumptior7s aboul the carylng amount of assets and liabil￿e$ that are not readity apparent from othor
sourcas. The estimates and associated assumpti(￿S are based on historical experienc£ and other factors that
are Considered to be relev8nt. Actual results may differ from thes8 estimates.
The estimates and undedY1￿ assumptK)ns are wi6w8d ￿ an ongoing basis. RevIsi￿9 to &counting
estimates are recryJnised in ￿ period in whTrch the astimale is remsed wh8re the revision affects only that
peri(￿, or in the period of the mision arml future perw)d8 Ythere the revision affects both current and fulLwe
pericxjs.
Income from charltable actlvltles
Unrestrfctod Rostrlcted
funds
fund5
2025
2025
Totsl Unrestrlcted Restrfct8d
funds
funds
2024
2024
Total
2026
2024
Subcontracted leamlng
ServKes pro￿ded under
contrdct
1.309.689 4,164.861 5.474,550
747.346 3,934,780 4,682,128
16-

HUMBER LEARNING CONSORTIUM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Incom& from Inv05tm•nts
Unrestrktad Unrostrlctod
fund5
funds
2025
2024
Interest recelvable
15,960
5,108
Expgndliuro on charttable aclivltles
Subcontracted Subcontractsd
learnlng
leamlng
2025
2024
Dlrect costs
Staff costs
Depreuation and 1mpairn￿t
Insuran
Event costs
Exl8rnal consultants
Training and traine
Leamer bursery payments
Subcontracted Leaming
1,024,921
4,796
3,309
592
1,214,420
9,427
3,024
4,708
34,753
2,370
39,387
3,216,006
2,4L
23,106
4,349,209
5,408.341
4,524,095
Share of support and governance costs Is•e note 6)
Support
Govemance
120,943
5,300
135,462
4,4
5,534,584
4,664,041
Analysls by fund
Un￿tricted fijnds
Restricted funds
1,369,844
4,164,740
826,798
3,837,243
5,534,584
4,664,041
17-

HUMBER LEARNING CONSORTIUM
NOTES TO THE FINANCIALSTATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Support costs allocated to actlvltl8s
2025
2024
s￿r￿rIes
Bank charge8
A(umodation
Communicadon
Equipment and resourtss
Organisalion development
Staff exp8nses
Govemance c08ts
2.034
975
35,156
28,686
27,OTt
5,045
21,970
5.300
1.340
1,122
46,523
29,032
38.803
7,514
11,128
4,484
126,243
139,946
Analysed between:
Suboontractsd lèaming
126.243
139,946
Not movemnt funds
2025
2024
The net movement In ful￿S is staled after chargin￿{Credi11ryj.
Fe8s payable for the audit of th8 tharity's financial statements
Depre￿all¢m of c￿ed tangible fixed assets
5,300
4,798
4.292
9.427
Tmsttss
Non8 of th8 Irtjstees (or any p￿sOn$ c>)nnect&l wilh them) recetved any remuneration or benefits from the
charity during the year.
Employees
The average Month￿ number of employees during Ihe year was..
2025
Numbor
2024
Number
CEO
Seruor rnanagemenl
Dellvery staff
Administralion
Information technology
14
17
12
Total
28
18-

HUMBER LEARNING CONSORTIUM
NOTES TO THE FINANCIAL STATEMENTS (cO￿nNUED>
FOR THE YEAR ENDED 31 MARCH 2025
Employoes
{Contfnuedl
Employmont costs
2025
2024
ges and salaries
Social security costs
Other pen8lon costs
859,154
77,566
88,201
1.016,854
93,766
103,800
1,024.921
1,214,420
The number of empk)yees vthose annual remUneratIL￿ was more than £60.OOLI
Is as follows:
2025
Number
2024
Number
£60,001- £70,fKJO
£70,001- £80,000
10 Taxatlon
The charlty Is exempt from taxali)n on its actfvltl￿ b￿U50 all Its income is aP￿led for charitable purposes.
11 Tanglble flxed assets
Plant and
¢q￿pmont
C05t
Al 1 April 2024
Additions
Disposals
34,687
1.04
16861
At 31 March 2025
35,050
DeproGlallon and Impalrnent
Al 1 Aprtl 2024
Depreciation charged in the year
iminated in respect of i*sposals
29.073
4,798
162g)
At 31 March 202S
33.242
Carrylng amount
At 31 M2rch 2025
1.808
At 31 March 2024
5,614
19-

HUMBER LEARNING CONSORTIUM
NOTES TO TrIE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
12 DebtoY6
202S
2024
Ajnounts falllng duo V41th1n ono yfjar.
Trade debtors
Prepaym&nls and accn*d income
{25,749)
551,555
29,8
669,647
525,8
699,453
13 Crodltors: amounts falllng due wlthin one year
2026
2024
Noles
other laxatlon and scoal security
Deferr6d income
Trade creditor8
AGcruals
23,874
50,254
2.382
474.551
13,859
35.528
228,715
569,678
14
551,L*1
847.780
14 Deforrod Incon
2026
2024
other deferred irthme
50.254
35.528
Defewed income is In￿￿ed in Ihe fina￿t￿ ststements as fou￿..
2025
2024
DefeThed income 1$ irKILKled within..
c￿￿ent liabilities
50,254
35,528
Movements in the year.
Deferred incorne al 1 April 2024
Released from ple￿Ou$ pemds
Resources deferTed in the year
35.528
135,5281
50,254
642,997
{642,9971
35,528
Deferred income at 31 March 2025
50,254
35,528
15 Redrement b•n8fit sch•m•s
2026
2024
Deflned contrlbullon ￿heMeS
Charge to profil or loss in r8sped ol defir*d contriLKrtKJn s￿￿￿e$
88,201
103,800

HUMBER LEARNING CONSORTIUM
NOTES TO TrIE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
15 Retlrement benefft schemes
(Contlnued)
The charfty operates a defined ¢x)ntrit4Jb'on peftS1￿ 8cheme for all qUalI￿.ng employees. Th8 assets of the
scheme are hdd s8paratety from those ofthe chanty in an independently adM￿lStered fund.
16 Rtsstri¢t8d funds
The restrcted funds of the charity comprise the unexpended balances of donations and grants held on tnjst
subject to specific conditions by as to how they may be us8J.
At 1 Aprfl
2024
Incomlng ResOu￿e$
gxpand8d
Tr4nsfers At 31 March
2025
High Needs Leamer5 Funding
UKSPF ExplLYing oPp￿tUnItieS
East Riding
UKSPF Exploring Opportunities
Hull
UKSPF Exploring Empbymerrt
UKSPF Exploring Volunteering
UKSPF Families Leamir4J
Together
{125)
75,098
175,0981
1125)
1.002,365
(1.(M)2,3611
73
754.Y20
1,000,000
8C0,￿o
1754.873)
1999,990)
1799.949)
110)
151)
299,646
232.832
(299.637}
(232,6321
19)
{195)
4.164,861
(4.164,740)
1711
Prevlou5 year..
At 1 Aprfl
2023
Incomlng Re50ur¢es
resour¢es
expended
Transf8rs At 31 March
2024
YEI ESF Springboard
This Ability
BBO
Springboard 3
High Needs Leamers Funding
UKSPF Exploring Opportunities
East RidirrfJ
UKSPF Exploring Opportunities
Hull
25.398
1.319
559.055
976,546
152,282
815,190
7.700
(463,0551
1979,1501
1149,8541
1813,282)
(7.825)
(121,398)
1,285
(2.428)
(1.908)
{125)
737,725
1737.802)
17n
686,282
(686,275)
26.717
3.934.780
(3.837.243>
{124,449}
1195)
21

HUMBER LEARNING CONSORTIUM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
17 Unrestrfctsd fund5
The unrestrtct8d funds of th8 r*writy comprise the unexpended balan￿ ofdonations and grants which ar8
not subject to specffic conditions by donors arKI grantors a8 to how th8y may be used. These Include
de8ign8t8d funds whith have been set aside ¢yJt of unrestrTrcted funds by the tnjSt￿ for 8p8cffic pU￿ose5.
At 1 April
2024
Incomlng Resources
resources
expended
Transfers At 31 March
2026
Redundancy T88eN8
Adult Education Budgei
Adult Skills Fund
Spot Contracts
Barbara H8wJh Inv6stm8nt FurKI
Multiply East Mthng
Mumlply Hull
Study ProgrBmme
General funds
175,386
12,4381
11,2351
172,948
9,192
451.644
30.Tf1
(7,95n
1447,3721
13D,7711
(2,0001
{301,2321
{333.5921
{160,5291
(86,391)
4,272
6.312
{811}
(8.7741
678.836
301,328
338.700
162.503
29,511
16.4081
{4.2971
14,800)
636,331
14,375
852,949
1,325.649
{1,369.844)
{3)
808,751
Prevlous year:
At 1 Aprll
Incoming
Rosouwces
2023 resources eyndgd
Transfers At 31 March
2024
Redundancy reserve
AEB
Youth Hub
Bart￿ra Hayh Investment FUNI
CLLD
Youth Hub 2
Youth Futures
vpp
Study Programme
Multiply East RKling
Multit￿Y Hull
General fiJrvJs
182,729
12.857
89,193
(6461
175,386
168,7+M
(1,4811
(257,937)
(2.100>
(1,000}
118.583}
{28.3001
{48.9721
{29,8561
(71,4771
(173,215>
1200,6841
{368:573)
4,227
156.890
895
29,563
27,523
48,524
29,856
64.703
175,000
2￿).1(￿7
384.022
{167,8701
1118)
{6.774)
6,312
1811)
684.337
4,527
{227)
477.655
191,233
802,844
752.454
(826,798)
124,449
852,949

HUMBER LEARNING CONSORTIUM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
18 Analysls of net assets between funds
Total
nds
2026
funds
2025
2025
At 31 March 2026:
Tangrble assets
CU￿8￿1 asselsllll8b11115es)
1.809
806,942
1.809
8LK,871
1711
808,751
1711
808.680
UnTrstrlct8d Rostrtct8d
funds
funds
2024
2024
Total
2024
At31 March 2024:
Tangible assets
Current a8setsllliabilities)
5.614
847,335
5,614
847,140
11951
852,949
{195
852,754
19 Related party trnnsactloDs
The charitable company shares a mutual trustee with the GOo￿1n Development TrusL During the yèar
payments ￿￿e made by Humber Leaming Cons¢ytium to G0th￿n Development Trust amounting to
£666,85712024 .. £556,859).
20 Cash gen8rated from 0￿ratIOnS
2025
2024
{DeficitVsurpus for the y
144.073)
23.193
Adjustments for..
Invèstment income recognL%ed in statement of financial acti￿lIeS
Depreciation and impaimienl of tangl￿e fix￿ assets
(15,960)
4.798
15.1081
9,427
Movemerts in ¥￿tking caprtal..
Decrease In deblo
IDecreaseYincrease in txeditors
Increaselldecrease} in deferred income
173,647
1311,445)
14,726
2,908
408,600
1807,468)
Cash absorbed by operatloTrs
{178.3071
{168,448)