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2025-08-31-accounts

Company Registration: 04873355 (England & Wales) Registered Charity Number: 1108579

EBENEZER COMMUNITY COLLEGE LIMITED

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS

FOR YEAR ENDED 31ST AUGUST 2025

EBENEZER COMMUNITY COLLEGE LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS

FOR YEAR ENDED 31ST AUGUST 2025

Page
Reference and Administrative details 1
Report of the Trustees 2 - 6
Report of the Independent Examiners 7 - 8
Statement of Financial Activities 9
Balance Sheet 10 - 11
Notes to the Financial Statements 12 - 19

EBENEZER COMMUNITY COLLEGE LIMITED

REFERENCE AND ADMINISTRATIVE DETAILS

Trustees Ernest Ampang Kwateng - Chief Executive Kwaku Frimpong-Manson - Director & Trustee Angela Eugenie Reid - Director Constance Abena Adoma Owusu - Trustee James Benjamin Buachie - Trustee Company Name Ebenezer Community College Registered Office 726-728 Seven Sisters Road Tottenham London, N15 5NH

Registered Company Number 04873355 (England & Wales) Registered Charity Number 1108579 Independent Examiner Ray Harris BA (Hons) FMAAT Project H Accountants Beadle House, Bull Plain Hertford Herts, SG14 1DT

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EBENEZER COMMUNITY COLLEGE LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025

The trustees, who are also directors for the purposes of the Companies Act, are pleased to present their report and the independently examined financial statements of the charity for the year ended 31st August 2025.

OBJECTIVES AND ACTIVITIES

Ebenezer Community COllege: Public Benefit

The Trustee confirms that it has referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Ebenezer Community College Ltd.’s aims and objectives and in planning future activities. The purposes of the charity are to advance the objectives of the Ebenezer College or any such objects for educational purposes connected with or related to said college.

Consequently, the Trustee considers that the ECC operates to benefit the general public and satisfies the public benefit test.

ORGANISATION AND ACTIVITIES

Appointment of Trustees

The appointment of trustees is governed by the Trust Deed of the charity.

The Board of Trustees are authorised to appoint new trustees to fill vacancies arising through resignation or death of . any existing trustees

Constitution, Objects and Policies

The principal activity of the College continues to be that of providing academic and vocational training and advice to local community adult learners primarily from Black and Minority Ethnic backgrounds, to help them towards enhanced employment and/or further and higher education opportunities. Ebenezer Community College (ECC) is an Adult Education charity that aims to support all learners towards personal and economic freedom through achievement of educational goals our learners gain enhanced confidence, mindset and skill that allow them to embrace new employment challenges and opportunities. Additionally, ECC partners with colleges to offer pathways to further and higher education.

Development, Activities and Achievement

The college continues to operate in a challenging environment. Despite, this student numbers at the college increased year on year.

Relationships with the college’s main contractors continue to develop facilitating the provision of

complementary courses in Further and Higher Education. The college is optimistic for the next financial period due to the introduction of new courses and the addition of School of Teaching to the current Schools of Computing, Health and Business. Management are confident that this new Teaching course will provide significant growth to student numbers and revenue. The college remains on schedule with repayments of the CBILS loan.

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EBENEZER COMMUNITY COLLEGE LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025

ACHIEVEMENTS AND PERFORMANCE

Charitable Activities

The College continues to operate in a challenging environment. Despite this, student numbers continue to increase.

Relationships with the College’s main contractors have continued to develop, enabling the provision of complementary courses in Further and Higher Education. Management remains optimistic for the next financial year, buoyed by the expansion of the new School of Teaching, alongside existing Schools of Computing, Health, and Business.

This growth saw an increase in cohorts from 5 to 13. Student numbers similarly rose, with over 300 learners enrolled during the period. This growth was largely powered by strong recruitment into the new teacher training programmes.

However, it is important to note that this level of growth may not be sustainable in future periods. A change in funding arrangements for teacher training has been announced and is scheduled to commence from September 2025, which is expected to impact recruitment levels and financial projections.

ECC continues to engage with local employers to maintain it’s strong employability ethic and approach for its learners by proactively working with local businesses to secure placements for students.

The College is now well beyond the midway point in repaying the original £75,000 CBILS loan, reflecting strong financial management.

Plans for the future

The Trustees do not consider there to be any material uncertainty regarding the College’s ability to continue as a going concern.

However, the Trustees recognise that a change in funding arrangements for teacher training, due to take effect from September 2025, may impact the College’s ability to sustain the strong cohort and student number growth achieved in 2025. Management is actively assessing the potential implications of these changes and is working to diversify the College’s funding streams and course offerings to mitigate the anticipated impact.

In the coming year, the College will focus on:

The Trustees are confident that, through proactive management and strategic planning, Ebenezer Community College will continue to deliver high-quality education and training opportunities to the communities it serves.

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EBENEZER COMMUNITY COLLEGE LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025

FINANCIAL REVIEW

The trustees consider the performance of the charity to be satisfactory. The charity's main source of funds continues to be subcontracted funding for training and skill acquisition. All funds are unrestricted and are used to meet expenditures. Surplus funds are held at bank and are used to meet unforeseen expenditure that may occur are prepared on accrual basis in accordance with Statement of Recommended Practice (SORPs) for further and higher education (FE / HE) and FRS102.

Overview of Financial Performance

Income

In 2025 the charity’s total income for the year was £681,033, an overall increase of £ 129,552 from the previous year (2022/23 : £448,683). The growth was primarily driven by increased student enrolments and the expansion of course offerings.

Expenditure

Total expenditure for the year was £730,000 (2024 : £544,515), comprising of direct cost, £346,310; (2023 : £262,653) and administrative cost £384,452 (2023 : £281,862). During the year, legacy payroll costs were discovered, amounting to exceptional costs of £52,129.

Reserves policy

the trustees have agreed a formal policy on reserves

the Trustees of set a reserve policy which required that the reserves are maintained at a level which ensures that ECC core activity could continue during a period of unforeseen circumstance with a knock-on effect on liquidity.

The Trustees agreed that a general unrestricted reserve should be maintained with an objective to cover up to six months of the running costs of the charity to enable ECC to meet contingency situations and/or carry out discreet pieces of work that will help us meet our strategic business plans aims.

The Trustees reserves policy in accordance with the Charity Commission's guidelines is to maintain total free reserves, excluding the element which relates to tangible fixed assets, at a level which is no less than approximately four months of expenditure i.e. £181,505 to provide the charity with some ability to cope with unforeseen interruptions in income flows. Based on 2025’s expenditures, the monthly costs amount to circa £60,869. The charity’s total free reserves, excluding tangible fixed asset, at 31st August 2025 amounted to -£12,941 (2024; (£25,826). The trustees are taking steps to increase and maintain free reserves to the desired level.

Risk review

The Trustees continue to regularly review and assess the risks faced by the charity. Actions are taken to mitigate residual risks to levels deemed acceptable by the Trustees. Measures include:

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EBENEZER COMMUNITY COLLEGE LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025

Risk review continued

Principal risks remain linked to funding uncertainties, especially concerning vocational qualification delivery and income diversification. ECC is proactively working to secure new funding streams and strategic partnerships to mitigate these risks.

Monitoring of the financial and operational strategy implementation is undertaken via the risk register, reviewed and updated at every Board meeting.

Trustee's Responsibilities

The Trustee is responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.

Charity law requires the Trustee to prepare financial statements for each financial year in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under charity law, the Trustee must not approve the financial statements unless the Trustee is satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing these financial statements, the Trustee is required to:

The Trustee is responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable the Trustee to ensure that the financial statements comply with the Charities Act 2011. The Trustee is also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the Trustee is aware:

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EBENEZER COMMUNITY COLLEGE LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025

Trustee's Responsibilities continued

Financial statements are published on the Trustee’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements, which may vary from legislation in other jurisdictions. The maintenance and integrity of the Trustee’s website is the responsibility of the Trustee. The Trustee’s responsibility also extends to the ongoing integrity of the financial statements contained therein.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

04873355 (England and Wales)

Registered Charity number

1108579

Registered office

726-728 Seven Sisters Road Tottenham London, N15 5NH

Approved by the board of trustees.

Dated: 27/05/2026 _ _ _ _ _ _ _ _ _ _ _ _ _ _ Signed

Ernest Kwateng, Chief Executive

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EBENEZER COMMUNITY COLLEGE LIMITED

INDEPENDENT EXAMINER'S REPORT

I report to the trustees of Ebenezer Community College (Charity No 1108579) on the accounts of the company for the year ended 31st August 2025 which are set out on pages 9 to 19.

Respective responsibilities of the trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("The Charities Act") and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair’ view and the report is limited to those matters set out in the statement below.

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EBENEZER COMMUNITY COLLEGE LIMITED

INDEPENDENT EXAMINER'S REPORT

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

……………………………………

Ray Harris BA (Hons) FMAAT Project H Accountants Beadle House, Bull Plain Hertford Herts, SG14 1DT

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EBENEZER COMMUNITY COLLEGE LIMITED

STATEMENT OF FINANCIAL ACTIVITIES

FOR PERIOD ENDED 31ST AUGUST 2025

Note
INCOME RESOURCES
Donations and legacies
2
Charitable activities:
Tuition fees
3
Other income
4
Total Income Resources
RESOURCES EXPENDED
Charitable Expenditure:
Charitable activities
5
Total Resources Expended
NET INCOME / (EXPENDITURE)
Balance brought forward
Balance carried forward		 Unrestricted
Funds
Restricted
Funds
Restricted
Asset Funds
Total Funds
2025
£
£
£
£
-
-
-
-
681,033
-
-
681,033
550
-
-
550
681,583
0
0
681,583
730,762
-
-
730,762
730,762
-
-
730,762
-49,179
-
-
-49,179
36,238
-
-
36,238
-12,941
-
-
-12,941		 Total Funds
2024
£
-
551,481
23,349
574,830
544,515
544,515
30,315
5,923
36,238

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EBENEZER COMMUNITY COLLEGE LIMITED

BALANCE SHEET AS AT 31ST AUGUST 2025

Notes
FIXED ASSETS
Tangible assets
10
CURRENT ASSETS
Debtors
12
Cash at bank and in hand
CREDITORS: falling within 1 year
13
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
CREDITORS: falling due more than 1 year
Long Term loans
14
NET ASSETS / (LIABILITIES)
FUNDS
15
Unrestricted Funds
General fund
Restrictive Funds
General fund
Fixed asset fund
TOTAL FUNDS		 Unrestricted
Funds
Restricted
Funds
£
£
7,808
-		 Total Funds
2025
£

7,808

156,513

33,472

189,985

-209,639

-19,654

-11,846

-1,096

-12,941
-12,941
-
-
-12,941		 Total Funds
2024
£
10,412
156,513
-
33,472
-		 117,884
1,751
189,985
-		 119,635
-209,639
-		 -76,208
-19,654
-		 43,427
-11,846
-		 53,839
-1,096
-		 -17,601
-12,941
-		 36,238
36,238
-
-
36,238

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EBENEZER COMMUNITY COLLEGE LIMITED

BALANCE SHEET continued AS AT 31ST AUGUST 2025

For the year ended 31 August 2025 the charitable company was entitled to exception from audit under section 477 of the Companies Act 2006 relating to small companies.

The trustees have not required the charitable company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The trustees acknowledge their responsibility for complying with the requirements of Sections 386 & 387 of the Act with respect to keeping accounting records and Sections 394 & 395 for preparation of the accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.

The financial statements were approved by the trustees on 27 May 2026 signed on its behalf by:

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_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
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Mr E Kwateng, Chief Executive

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EBENEZER COMMUNITY COLLEGE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR YEAR ENDED 31ST AUGUST 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company have been prepared in accordance with the Charities SORP (FRSSE) 'Accounting and Reporting' by Charities: Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with the provisions of FRS 102 Section 1A Small Entities and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated uselful life.

Computer equipment - 25% straight line Fixtures & fittings - 25% staright line

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EBENEZER COMMUNITY COLLEGE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR YEAR ENDED 31ST AUGUST 2025

1. ACCOUNTING POLICIES continued

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when the funds are raised for particular restricted purposes.

Further explanation of the nature and purposes of each fund is included in the notes to the financial statements.

Hire purchase and lease commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight-line basis over the period of the lease.

Investments

Investments are stated at market value as at the balance sheet date. The statement of financial activities includes net gains and losses arising on revaluation and disposals during the period.

2. DONATIONS AND LEGACIES

Donations
Grants received, included in the above are as follows;
Other grants		 2025
£
-
0
-		 2024
£
241
241
-

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EBENEZER COMMUNITY COLLEGE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR YEAR ENDED 31ST AUGUST 2025

3. INCOME FROM CHARITABLE ACTIVITIES
Fees from referrers
4. OTHER INCOME
Misc Income
DBS Income
5. CHARITABLE ACTIVITIES COST
Charitable activities
6. SUPPORT COSTS
Other resources expended
College
7. NET INCOME / (EXPENDITURE)
Net income / (expenditure) is stated after charging / (crediting);
Accountants fee
Depreciation		 2025
£
681,033
2024
£
550
550
Direct costs
Support
costs
(note 6)
£
£		 2024
£
551,481
2024
£
16,969
6,380
23,349

Totals
£
634,563
96,199
730,762
Manage -
ment
Govern -
ance costs
Totals
£
£
£
12,199
12,199
84,000
84,000
84,000
12,199
96,199
2025
£
12,199
2,604
14,803		 2024
£
13,500
-
13,500

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EBENEZER COMMUNITY COLLEGE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR YEAR ENDED 31ST AUGUST 2025

8. TRUSTEES' REMUNERATION AND BENEFITS

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 Aug 2024 .

9. STAFF COSTS
2025
£
Wages and salaries
271,042
The average number of employees during the period was as follows:
14
The number of employees who's employee benefits (excluding pensions) exceeded £60,000 was
0		 2024
£
205,355
7
0

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EBENEZER COMMUNITY COLLEGE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR YEAR ENDED 31ST AUGUST 2025

10. TANGIBLE FIXED ASSETS

Cost
At 1st September 2024
Additions
At 31st August 2025
Depreciation
At 1st September 2024
charge for the period
At 31st August 2025
Net Book Value
At 31st August 2025
At 1st September 2024		 Computers
Fixtures &
Fittings
Total
£
£
£
0
10,412
10,412
0
0
0
0
10,412
10,412
0
0
0
0
2,604
2,604
0
2,604
2,604
0
7,808
7,808
0
10,412
10,412

11. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year 2025
£
2,604		 2024
£
-

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EBENEZER COMMUNITY COLLEGE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR YEAR ENDED 31ST AUGUST 2025

12. DEBTORS
Trade receivables
Other Debtors
13. CREDITORS
Trade creditors
Social security and other taxes
Bank loans
Accrued expenses
14. CREDITORS FALLING DUE MORE THAN 1 YEAR
Bank loans
15. MOVEMENT IN FUNDS
Unrestricted funds
General funds
Restricted funds
General funds
Fixed asset funds
TOTAL FUNDS		 2025
2024
£
£
156,513
117,884
-
-
156,513
111,277
2025
2024
£
£
12,496
-
148,183
64,208
12,000
12,000
36,960
-
209,639
76,208
2024
2024
£
£
1,096
17,556
At
01.09.2024
Net
movement
in funds
At
31.08.2025
£
£
£
36,238
-49,179
-12,941
-
-
-
-
-
-		 2024
£
117,884
-
111,277
2024
£
-
64,208
12,000
-
76,208
2024
£
17,556
36,238
-49,179
-12,941

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EBENEZER COMMUNITY COLLEGE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR YEAR ENDED 31ST AUGUST 2025

15. MOVEMENT IN FUNDS CONT.

Net movement in funds, as included above are as follows:

Unrestricted funds
General funds
Restricted funds
General funds
Fixed asset funds
TOTAL FUNDS
Comparative figures for movement in funds
Unrestricted funds
General funds
Restricted funds
General funds
Fixed asset funds
TOTAL FUNDS		 Incoming
Resources
Resources
Expended
Movement
in funds
£
£
£
681,583
-730,762
-49,179
-
-
-
-
-
-
681,583
-730,762
-49,179
At
01.09.2022
Net
movement
in funds
At
31.08.2023
£
£
£
5,923
30,315
36,238
-
-
-
-
-
-
5,923
30,315
36,238

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EBENEZER COMMUNITY COLLEGE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR YEAR ENDED 31ST AUGUST 2025

15. MOVEMENT IN FUNDS CONT.

Comparative figures for net movement in funds

Unrestricted funds
General funds
Restricted funds
General funds
Fixed asset funds
TOTAL FUNDS		 Incoming
Resources
Resources
Expended
Movement
in funds
£
£
£
574,830
-544,515
30,315
-
-
-
-
-
-
574,830
-544,515
30,315

16. RELATED PARTY DISCLOSURES

There were no related party transactions for year ended 31 August 2025 (2024: nil)

17. LIMITED LIABILITY

The company is limited by guarantee, every member promises that if the Charity is dissolved while he or she remains a member, or within twelve months afterwards to contribute up to £1 towards the cost of dissolution of the liabilities incurred by the Charity.

18. GOING CONCERN

The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the company to continue as a going concern. The trustees make this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial statements and have concluded that the charity has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the charity’s ability to continue as a going concern, thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

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