OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

ANNUAL REPORT 2021-2022

'Emerging from Covid-19 Restrictions'

Chairman's Report

03

Programme Lead's report

04

GOS&D's Guiding principles

05

Where our beneficiaries come from

06

Our key impact 2020-2021

07

Standing UP TO COVID : Project and activities

08

COVID- 19 Related projects

09

2021 - 2022 Projects

10

2021 - 2022 Projects

11

Case studies and Testimonials

12

Consultations and events

13

Significant agencies

14

Accreditations and Quality Marks

15

02 | Annual Report 2021-22

Chairman's Report

As the chair of GOS&D, and on behalf of my fellow trustees, staff, volunteers and our beneficiaries, I cordially present to you all our 2021-2022 annual report.

This annual report is quite poignant in the sense that after the sudden and devastating impact of Covid-19, we are all starting somewhat to get back to normal existence. This for us is not about 'building back better' - but rather, a demand that lessons need to be learned and inequality gaps addressed through implementation of specific interventions including changes to oppressive/discriminating policies and practices. 'Building back better' narrative assumes that before the pandemic, things were not that bad but our work since 2003, has year on year demonstrated how inequality disparities continued to be unchecked.

In our report, you will see how we are still addressing Covid-19 issues. We predicted in our 2020 report on the Impact of Covid-19 on Ealing's BAME Communities that the Covid-19 - in its various forms, will continue to affect our communities for the foreseeable future.

We continue to form alliances with like minded organisations to tackle Covid-19 issues whilst delivering projects that directly meet our user needs.

I would like to thank my fellow trustees, staff, volunteers, funders and partners for what has become a breakthrough and exciting year for GOS&D. Despite all the odds, GOS&D has achieved life changing outcomes for our beneficiaries. Resilience is a word that is now becoming synonyms with GOS&D - an organisation that decided to never give up in its quest to stand up for the voiceless and vulnerable members of our society.

Abdirisak Jibril Chair of Trustees

03 | Annual Report 2021-22

Programme Lead's Report

2021-2022 was indeed a poignant on many levels and I totally agree with our chair. Like a phoenix rising from the devastation and the loss of numerous lives of GOS&D users, the organisation continued to 'stand up to Covid-19' by constantly engaging and rebuilding the lives of our most vulnerable residents.

This year, we have been able to engage with 1449 residents with varied needs. We have supported 231 unemployed residents find employment. 400 plus residents that were hesitant to taking Covid-19 vaccinations are now immunised. 117 homeless residents with their families are now in suitable accommodation. These are just a few examples of how as an organisation we have not dwelled on how Covid-19 continues to negatively impact society. I particularly enjoyed how our approach to get back to normality galvanised our beneficiaries. We always mention that residents are not voiceless but that what they require is a platform from which they can articulate their needs while also offering possible solutions to the same needs/issues that they face. The lived experiences of residents is crucial, hence our constant drive to consult our communities on key issues.

These consultations assist GOS&D in developing new projects through our person centred and asset based approaches. We involve our users in developing and delivering projects and this is the reason we have around 30 volunteers in our registration - all having been users of GOS&D services.

This year, we have embarked on a journey to support and deal with the cost of living crisis. We believe that residents find employment that pays the London Living Wage, we will be able to lift them out of poverty. We are very grateful to our funders for supporting our work and in times of scarcity and huge competition for resources.

I would like to extend my gratitude to everyone at GOS&D from my colleagues including volunteers to our beneficiairies.

SHARMARKE DIRIYE Programmes Lead

04 | Annual Report 2021-22

GOS&D'S GUIDING PRINCIPLES

GOS&D’s charitable objectives

To develop the capacity and skills of people from socially disadvantaged communities. To provide relief from financial hardship, sickness, social or economic disadvantage, and to advance the education of its community.

To promote and fulfil other charitable purposes beneficial to charity.

To empower individuals to make, and put into practice, informed choices based on their experiences.

GOS&D’s vision

To see a vibrant and equal society where everyone is valued for their potential, and where their human rights are observed and protected.

GOS&D’s mission

To engage every section of the community in creating person-centred, workable solutions to meet ever-changing societal needs and wants.

GOS&D’s strategic objectives

Raising aspirations Extending opportunities Tackling poverty Strengthening communities

05 | Annual Report 2021-2022

WHERE OUR BENEFICIARIES COME FROM

----- Start of picture text -----
100
75
50
25
0
Hounslow Hillingdon Ealing
06 | Annual Report 2021-22
----- End of picture text -----

OUR KEY IMPACT 2020-2021

427

Workshops and training sessions delivered face to face and remotely.

115

93

Individuals from BAME communities with severe mental health afflictions and not known to key service providers are now getting the support they require

136, 000+

Homeless residents are now in suitable accommodation

1449

Beneficiaries including whole families supported to avoid homelessness

29

Community consultations carried out

Generated for users through access to benefits such as UC and recouped for our clients through successful challenging financial decisions such as ; welfare benefits, rent arrears and consumer credit.

231

Beneficiaries supported into employment, self employment, Apprenticeship, further education and training pathways

3455

Volunteer hours completed

426

Digitally excluded beneficiaries supported

07| Annual Report 2021-22

2021 - 2022 Projects

- Covid 19 Projects:

The London Community Foundation Funding - through the Covid 19 Emergency Response Fund:

WAVE 5: GOS&D secured funding from the LCF as a lead organisation with two other organisations namely, Horn of Africa Disability and Elderly Association (HADEA) and Ealing Somali Welfare and Cultural Association (ESWCA). The project looked to support residents recover from the challenges posed by Covid-19.

09 | Annual Report 2020-21

2020 - 2021 Projects

- Covid 19 Projects:

Following 2020-2021 operations, we continued to deliver Covid-19 work this year. Partnership work with EACH Counselling and Support funded by Ealing Council. GOS&D was also funded by Ealing Public Health to deliver Covid-19 interventions. Covid-19 work for last year continued for this financial year and again supported by; BBC Children in Need, DWP and Ealing Council. These projects achieved the following KEY outcomes for beneficiaries;

10 | Annual Report 2020-21

2021- 2022 PROJECTS

Some projects for last year continue to be delivered for this year (2021-2022). We have also been able to secure funding for new projects;

  1. BBO Working West London 2017-2023. - National Lottery Community Fund/ESF Partnership-project.

  2. Our Children Our Future: 2019-2022: Project funded by John Lyons Foundation

  3. Prevent Project 2021-2022: Funded by the Home Office through Ealing Council (Prevent Team)

  4. Community Connections 2019-2022: Funded by Ealing Council

Key outcomes achieved by the projects;

  1. Resilience Fund 2021-2023: Community Aid Foundation (CAF)

  2. 38 beneficiaries secured employment

  3. Core Funding 2021-2023: Funded by Lloyds Foundation

  4. 12 young people avoided being excluded forum school 200 plus residents engaged in rejecting radicalisation ideologies 23 children/young people with Special Education Needs supported improve on their Education, Health and Care Plans

  5. Pathways to Economic Opportunities (P2E) 2021-2022: Funded by London Community Foundation

  6. Advice in Community Settings (Digital) 2021-2022: Funded by the Mayor's Office

  7. Culture and Community Spaces at Risk 2021: Funded by the Mayor's Office

  8. 50 BAME beneficiaries supported with their mental health afflictions 23 NEET young people secured employment

  9. Breaking Barriers 2021: Funded by Hounslow Council (Thriving Communities)

11 | Annual Report 2020-21

CASE STUDIES AND TESTIMONIALS

Our work is best proved by the impact it is having on those that access our services. For many years, we have been informing funders and anyone who would like to listen - that we fully engage with those that access our services. We understand and have extensive experience of supporting users with multiple needs. One of our beneficiaries is 92yrs old and she has been accessing GOS&D services continuously for the past 18yrs. She has also served as a volunteer on numerous occasions!

Case Study: One

Testimonials: Samples

GOS&D has made a reality for me to set up my own business, something I though I will never be able to do here in the UK..... .Mrs J from Syria

Thanks to GOS&D for teaching me how I need to advocate for my autistic child who was denied support in the past........... Mrs F in regards to her child with SEN

...

12 | Annual Report 2020-21

CONSULTATIONS, REPORTS AND EVENTS

GOS&D learned and shared its experiences and expertise in supporting the most vulnerable, especially BAME communities to deal with the fall out from the Covid-19 pandemic. This process is still ongoing as Covid-19 is still here with us.

Ealing Council's Scrutiny Panel 4: March 2022

GLA Digital Platforms: October 2021

GOS&D was visited by the Deputy Mayor for Communities & Social Justice Debbie WeekesBernard. GOS&D is part of a consortia with Ealing Mencap.

GOS&D gave a presentation to the council's scrutiny panel on residents engagement - citing good examples and what the council needed to improve on.

GOS&D has also supported the council when developing its place based resident questionnaires.

Value of Small: Lloyds Bank Foundation: December 2021

GOS&D was asked to present its work and how valuable small charities are in supporting the most vulnerable in our communities. GOS&D has taken part in the LBF's research on the Value of Small. The event was well attended across the board.

BAMER Professionals Round Table Discussion: Understanding Inequalities: March 2022

GOS&D invited professionals from Ealing for a presentation and discussion on BAMER Mental Health and Special Education Needs.

13 | Annual Report 2021-2022

SIGNIFICANT AGENCIES - 2020-2021

Forums

Ealing Advice Forum Ealig Mental Health Forum

14 | Annual Report 2020-21

ACCREDIATIONS AND QUALITY MARKS

15 | Annual Report 2020-21

GOLDEN OPPORTUNITY SKILLS & DEVELOPMENT (GOSAD)

ANNUAL REPORT AND ACCOUNTS

Year ended 31 March 2022

REGISTERED COMPANY NUMBER 06396150

REGISTERED CHARITY NUMBER

1121565

ANNUAL REPORT AND ACCOUNTS

CONTENTS:
Legal and Administrative information
Trustees/Directors’ report
Statement of Trustees’ responsibilities
Independent Audit Report
Statement of Financial Activities
Balance Sheet
Notes forming part of the financial statements		 Page No.

2-4
3-5
6
7
8
9
10-13

1

ANNUAL REPORT AND ACCOUNTS

GOLDEN OPPORTUNITY SKILLS & DEVELOPMENT (GOSAD) is a charitable company limited by guarantee, incorporated on 11 October 2007 and registered as a charity with the Charity Commission on 12 November 2007.

The company was registered under a Memorandum of Association which established the objectives and powers of the company and is governed under its Articles of Association.

GOLDEN OPPORTUNITY SKILLS & DEVELOPMENT (GOSAD) is a leading charity focused on building a vibrant and equal society.

Our services are designed to meet the needs of people from socially disadvantaged parts of our community and help them flourish.

GOLDEN OPPORTUNITY SKILLS & DEVELOPMENT (GOSAD) was founded in 2003 by three friends from diverse and challenging backgrounds who shared a vision of better support for young people in Ealing, London. Since then, we have delivered groundbreaking projects focused on providing the kinds of help that really makes a difference.

REGISTERED COMPANY NUMBER 06396150

REGISTERED CHARITY NUMBER 1121565

REGISTERED OFFICE:

Resource Centre Featherstone Terrace London UB2 5AL

BANKERS

NATWEST 69 The Broadway Southall, London UB1 1LD

ACCOUNTANTS

Unit 8 122-126 Coldharbour Lane London UB3 3HL

2

DIRECTORS AND TRUSTEES FOR THE YEAR ENDED ON 31 MARCH 2022

The directors of the charitable company are its trustees for the purpose of charity law and throughout this report and are collectively referred as trustees.

The appointed trustees are as follows:-

Abdirrisak JIBRIL - Chair Yuusuf GUULED - Treasurer Kaisi OMAR - Secretary Kevin DEMPSEY Glen GAYLE

Structure, Governance and Management

GOLDEN OPPORTUNITY SKILLS AND DEVELOPMENT (GOSAD) is a company limited by guarantee and has charitable status. Its governing document is clearly set out in its Memorandum and Articles of Association.

The policies and procedures adopted for the induction and training of trustees.

All newly appointed Trustees are inducted by the charity’s trustees Manager and are given appropriate documents that contain their roles and responsibilities as referred to the guidance published by the Charities Commission.

Additional external training is also provided to all newly appointed trustees when new opportunities become available. This is mainly designed to ensure that trustees follow the rules in the charity’s governing document and to support them to fulfil their roles and responsibilities effectively.

All decisions relating to the governance and management of the organisation are taken and approved by the trustees.

GOLDEN OPPORTUNITY SKILLS AND DEVELOPMENT (GOSAD) engages in partnership with many other organisations and charitable companies, but this does not have an impact on the operational policies adopted by the charity.

The relationships between the charity, related parties, and with other charities and organisations are solely in the pursuit of its aims and objectives as clearly indicated in the organisation’s governing document.

Risk Assessment

The charity manages its exposure to unexpected risks that the charity may face such as adverse changes in funding and other adverse events that may have a significant impact or the potential to inhibit areas of its charity operations in developing and putting in place effective and efficient mitigating measures.

Those measures and systems are regularly monitored, reviewed and developed periodically in trustees’ management committee’s meetings.

The organization has a comprehensive risk register in place, which is reviewed and monitored regularly.

Internal risks are also continuously reviewed and appropriate measures are developed and implemented to safeguard the organisation’s resources and charitable activities. 3

TRUSTEES’ REPORT

To develop the capacity and skills of people from socially disadvantaged communities.

To provide relief from financial hardship, sickness, social or economic disadvantage, and to advance the education of its community.

To promote and fulfill other charitable purposes beneficial to the community.

To empower individuals to make, and put into practice, informed choices based on their experiences.

To arrive at this ambitious plan we listened to many voices. We heard directly from the very people that directly benefit from GOSAD’s projects about their experiences.

We asked them what life is like for them and what project(s) and support they want to help them through difficult and challenging times.

We listened to our steering group of users, set up to help shape the strategic vision, on many topics, including their take on what would happen if GOSAD no longer existed to provide crucial services to the community.

Our staff and volunteers shared their experiences, and we met with many others from outside the organisation to discuss how, together, we can provide timely and appropriate interventions for those in our communities that face multiple disadvantages

During the next three years, we anticipate:

Continuing reductions in public spending - with Ealing Council focussing even more on funding initiatives that will support the delivery of core statutory duties.

This will have a significant impact on our users and the move by Ealing Council to award single contract awards – will mean that there will be less funds to spread around.

Economic growth and increases in employment are currently forecast to continue, but there is significant uncertainty about the long term. Income from employment is not increasing and more people are self-employed and in less secure roles. It is likely that income inequality and the number of people experiencing poverty will rise over the coming years.

Nationally, in recent years voluntary sector income has decreased, although recently there has been a reversal of this trend. The decrease is mainly as a result of reduced public spending. Income from government grants and contracts is falling, but the decrease in grant funding is greater than the decrease in contract funding.

It is likely that there will be increasing pressure on public services as funding reduces necessitating service reorganisation.

Welfare reform is also set to continue and we will see more users having issues accessing and exercising their rights to claiming welfare benefits. More and more cases of homelessness, going without food and suffering of families due to cuts in welfare funds such as the new regime on disability benefits (ESA and PIP) will continue

Youth violence will be on the increase as the past couple of years have demonstrated. Knife crime in particular will again show that there is no longer a need for young people to be part of a gang – in order to commit acts of violence.

4

Health inequality will continue to persist, especially support in dealing with mental health amongst BMER communities.

Resources and support for ESOL, Digital and Financial Inclusion programmes will continue to dwindle in the face of rising demand for such interventions.

BREXIT remains uncertain and all reports suggest ‘worst case’ scenario(s) where civil societies will also be affected. GOSAD to engage with the borough’s BREXIT preparations and plans.

Last but not least, Social Injustice and lack of legal support (legal aid reforms) will continue to affect the most vulnerable in our society – from lack of advocacy support in dealing with unfair schools exclusion to court (tribunal) representation for this fighting to maintain or access disability related benefits.

Whenever possible we will engage external researchers to gain an impartial and more rigorous evaluation of our work. Through Steering Groups established for some of our projects we also gain on-going external review.

On reserves

The board is committed in building up sufficient unrestricted funds to enable it to meet its essential charitable objectives in emergencies.

The charity’s general reserve for emergencies stands at £23,640 for the financial year ended 31 March 2022. This is included in the reserves of the year of £160,607.

The Association does not hold any funds on behalf of other parties.

5

GOLDEN OPPmlllTY 8KILLI I I)EVELOPMtMT IGOW) NP411AL ALI4)RT AND ALf()IlNTS FOA THE YL4I1 EIII)El) 31 MARCH 2022 CTrmi)aiiy law 1'equi￿% tht tnistee.$ In p￿pare nTranclal fjtat•ments that glve a true and falr vlew nf Ilie ormanisation's financial acllvlties durinR the year and its flnancial posltlon at the end of each flnanchal year. In doing 50, the I￿SteeS are requlred io: Select suitahle aciouniinx p(Trllties and then apply ihem conslslently liidKrt)ents aiid rex.%(Inable and prudent ludKmenLs state whether appllcable accounting stsndards and statemenis of recommended prartlce have been fnllnwed,-siiblect to any departiire.4 dlsclnsed 2nd explalned In the flnanclal statements Prepare the flnanclal statrmpnt.s nn the gnlng cnncern h2$18 unless ILS Inapprnprlate in presume that the orBanisatlnn will ¢antlnue In operatloi) fnr the fnreseeable future, The trustees are responslble for keeplng proper accountlng records that dlsclose wlth reasonable accuracy at any tln)e, the Ananclal posltlon ofthe company and enable them to ensure that the flnandal comply wlth applicable laws. regulations and the trust deeds. They are also responslble for safeRuardlnK the assets of the orxanlsatlon and hence for tsklng rea$onable steps for the prevention and detection of fraud and other irregularlties includin8 money launderin& Slgned on behalf of the tnjstees: Abdlnlsak IIBRIL YuusufGUULED yA)k Chalr Treasurer

Independent examiner’s report to the charity trustees of GOLDEN OPPORTUNITY SKILLS AND DEVELOPMENT (GOSAD)

I report to the trustees on my examination of the accounts of GOLDEN OPPORTUNITY SKILLS AND DEVELOPMENT (GOSAD) for the year ended 31 March 2022.

Responsibilities and basis of report

As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed by examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and 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.

Yousif Abdi – Accountant - FCA

For and on behldf of Aflah Accounting Solutions Date: 13/09/2022

7

GOLDEN OPPORTUNITY SKILLS & DEVELOPMENT IGOSAD) ANNUAL REPORT AND Accouiifs FOR THE YEAR ENDED 31 MARCH 2022 srATEMENTOFFINANCIAL ACTIVITIFS FOR THEYEAR ENDED 31 MARCH 2022 Note5 UWIESIflICTEO FUNDS RESTRICTED FVNDS TOT Ai FUNDS TOTOI FUNDS 2022 2021 Ir4COMINGREg)UR￿s VoluDtarylncomB/(kants (i) 49.110 347.030 396,140 314,522 BaciB5 ljftsin Kind Investrne￿Illcr1]lle Charltable Attlvlttes OthBrlncoiDin8Re&YN]rces Tolai Inojmi Re5￿ur￿ 49.mo 347.010 396.14LI 314522 SOURCESEXPEFIDFJ): Costsfor8enBratiDgfunds CForttable Adfvldes (7267) (131653) (139.920) (162.8791 PPDrting ￿l￿tieS (18911) (14).11 i) (159.022) (112.871) SBrvice level a8reementswithwtherawities Q7,5CQ) I￿,500) TOTALRESOURCESEXPEE4DED.. 42.D Net &]￿l￿s/Do￿CLtf￿rthQ 21932 46.76 69.65 38.772 0pen1ngf￿￿ts Trander offftuhds 18.640 71269 51137 Transfer 01hll￿S (IOSING FV14DS= 572 yuy

APIIIIV41. 11Tr'PIIII A14f) ArriMTIITS THF. YFA WI FVIIII.TI 1114IRI.H Inii BAIAHCE SIIEET AS AT 31 MAItCM 1022 0￿DElI OPIY•*TIJNITY SKILLS & DEVELOP•I£IIT {la(ISAD) X22 ,-wr".rp-. Fitk14rrtlPE ATCCT 41.211 (24.?fpli Q10171 IW7 ATBANK& INRA 141 151.810 8J.429 151810 85K9 {5) (7.6X)) (fi6M)) .YJ'a 16) 119.035 160 Apprfftd by the board on 1610912022 and signed on behalf of the board by: Abdirisak IIBRIL- Chair Yuusuf GUULED - Treasure

NOTES FORMING PART OF THE FINANCIAL STATEMENTS:

ACCOUNTING POLICIES:

1b) INCOMING RESOURCES:

Voluntary income includes donations, gifts, legacies and grants that provide core funding or are of general nature are recognised where there is entitlement, certainly of receipts and the amount can be measured with sufficient reliability. Such income is only deferred when:

Income from charitable activities includes income received under contract or where entitlement to grant funding is subject to specific performance conditions is recognised as earned (as the related goods or services are provided). Grant income includes in the category provided funding to support performance activities and is recognised where there is entitlement, certainly of receipts and the amount can be measured with sufficient reliability.

Expenditure is recognised when a liability is incurred. Contractual agreements and performance related grants are recognised as goods or services are supplied. Other grant payments are recognised when a constructive obligation arises that result in the payment being unavoidable.

1d) RESTRICTED FUNDS:

Restricted funds are to be used for specified purposes as lay down by the founder. Direct and support expenditure, which meets these criteria, is defined to the fund together with a fair allocation of other costs.

10

1e) UNRESTRICTED FUNDS:

Unrestricted funds are funds received with no restrictions placed in their expenditure and are available as general funds.

Note 1

INCOMING RESOURCES:

11

GOLDEN OPPORTUNITY SKILLS & DEVELOPMENT IGOSAD) ANNUAL REPORT AND Accouiifs FOR THE YEAR ENDED 31 MARCH 2022 uNRESTRl￿ED ITrKOME DONORS Ealing Mencap EACH |soiJtHALL COMMUNrrY ALLIANCE IDEAL H EALTH CONSU SOFALE LLOYDS BANK FOUNDA, LBFOUNDATION EDU & SKIL London Youth HADEA EALING SOMAL[ WELFARE SOFALE The Power to Change Anti Tribalism Movement The National Lottery Community Fund Davenport Estate ESWCA CATALYST HOUSING od Thing Foundation COMMUNITY FIRST F(XiNDATtON ESDEG IBUILD-ID LIMITED ECIL ITOTAL TOTAL 2022 TOTAL ZOZI 4.721.00 6￿00.00 4￿C￿.00 3220.00 3,500.00 1,500.00 300.04 25￿[X).00 520.22 3964.00 480.00 480.00 224.00 2,300.00 27,260.00 9,000.00 9,990.00 1.500.00 2,000.00 1,500.00 3.000.00 1,750.00 726.37 185.00 200.00 49,109.2Z 64,711.41. 12

GOLDEN OPPORTUNITY SKILLS & DEVELOPMENT IGOSAD) ANNUAL REPORT AND Accouiifs FOR THE YEAR ENDED 31 MARCH 2022 NOTE 2 TOTAL RESOURCES EXPENDED ExPE￿￿E UhVEsfpJcrED FUhDS RESTPJCIEDFLThDSIE 121.489nO 27￿0￿0 liJ64fj0 TOTNL. Z022 20 Chanlable aCt￿rtIeS 7267.00 128,756.00 149,128.$2 27 500.00 reemerts Volunteers Costs 11 164.00 Awredi181ion ar)Y Memb$rsh Fgs Prornotion￿ S$N¢ES Tlphon Payroll 8 HMRC Costs Stall Expnss Rort Repairs & Mairt9rkJrLe D9pr9cithon tharge5 0.00 8?4. 1fi80.00 1.550.LK) 2.400.00 2.369.91 114fi22.00 68,192.76 0.00 3,5(M). 7 522.00 12,400.00 2.747.00 3,538.00 897.00 492.00 i￿j￿0 2.400nO 114fi22nO 7 J22A)O 8.438AJO 3￿2A)0 Z747JKI 2,550.CI) 2,273.WJ 3,467.43 247.16 532.35 3538nO 897nO 1r5uar￿ce Cost5 Bank Charge5 DBS Costs 492.00 0.00 0.00 184. 2.520.(X) 24,978.(X) 3.499.82 Aelwrties and Development sts 0.00 84_00 84.00 Fwdrisi 0.00 x)o.00 0.00 0.00 299.00 515.00 0.00 5,WJO.00 864.00 no IT Cos15 SLnd thar ts BL551Tr55 Rate Olhcg 5wplies w5ts staff train Travel Experses Software 1316.05 9nO 515J)O 1,542.iKJ SMJO.00 ACCOU￿1￿ tees 1 450.00 CorEu￿a 840.00 Mana ement Sep￿￿8 15)0_oo lJ72.00 26.17&00 1,500.00 1,172.00 326.44100 275.75QOO Prole£siorBI services TOTAL aco.264.C•J 13

NOTE 6

RESERVES:

The reserves of the charity at the financial year ended on 31/03/22 are £160,607. This consists of £119,305 of restricted funds and £41,572 of unrestricted funds. £23,640 of the unrestricted funds has been pacifically ring fenced for emergencies.

14

GOLDEN OPPORTUNITY SKILLS & DEVELOPMENT IGOSAD) ANNUAL REPORT AND Accouiifs FOR THE YEAR ENDED 31 MARCH 2022 Taxation The charitsbk c(fftpary LS exem0 from tsxatr)n utyler 466 to 493 cl the Cor￿ratIOn Tax Act 2010 Cash flow statement The company has taken advantage of the exem[kn.￿ in fina￿al RepNb"rKJ *TrJard No I from prcx1uang a cash flow stat￿ent on the gr￿rKI5 that rc 6 a 97kill ccmpany EMPLOYMENT COSTS 2022 2021 Payroll & HNRC Costs £114,622 £68,193 TRUSTEES EXPENSES The trustees nether re￿iVed nor KoNed ary e￿￿lLrrEnts duriTrJ the FerK Trustees daimed for travelling expenses during year. Trse arrKNJnted to £ RELATED PARTIES There are no re￿ted parb'es trans]ctw)rE to LE diXI￿ed END 15