Charfty reglstrarfon Trumber 1129696 IEn8land and Wales)
Company roglstratl¢M number 06743505
TEES VALLEY LEARNING PROVIDERS NETWORK LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

TEES VALLEY LEARNING PROVIDERS NEfwoRK LTD
LEGAL AND ADMINlStRATIVE INFORMATION
MrMR Foster
Mr DA Thompson
Chjrfty number
1129696
Compary number
06743505
Prlndp81 address
Blzspace, Office 13G
Queensway House
Queensway
East Middlesbrough IndEst
Teesside
T53 8TF
Reglstered offKe
BIZSpa￿, Offlce 13G
Queensway House
Queensway
East Middlesbrough IndEst
Tee55ide
T53 8TF
Independent examlner
Benson Wood Ltd
Unit 21
Belasis Court
Belasis Hall Technol¢)gy Park
Billingham
T523 4*2

TEES VALLEY LEARNING PROVIDERS NEfwoRK LTD
Report OfThe Trustses ￿pCrt
Independent examlner's report
Ststement of financial activitie5
Balance sheet
Notes to the financial ststements
7-13

TEES VALLEY LEARNING PROVIDERS NETWORK LTD
REPORT OF THE TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 JULY2024
The trustees present their annu31 report and financial 5tstements for the year ended 31 Juty 2024.
Amended finanaal statements
These financial statement5 replace the orrginal financial statements, are now the ststutory financial ststements and a
prepare(J as they were at th¢ date of the original financial statements.
The ftnanclal ststements hwe been prepaTrd in a¢¢ordan¢e with the accounting p)licies set out In note I to the financlal
statements and comply with the chartty's govemlng document. the Companie5 Art 2006 and "Accounting and Reporting by
Chartties: Statrment of Recommended Practice applicable to charities p￿paring their accounts in accordance with the
Financial Reportlng Stsndard applicable in the UK and RepublK of Ireland IFRS 1021 leffectlve l January 20191"
Objedives ond Alms
To provide the highest quality training opportunlties to the people of Tees Valley and offer a real alternative to the more
traditional academic r￿s, in addition to increaslngthe awareness of Vocational progression routes.
This in tum wlll lrnprove the skills levels.job opportunities and overall prosperity of the people of Teesvalley.

TEES VALLEY LEARNING PROVIDERS NEfwoRK LTD
REPORT OF THE TRUSTEES REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
Collabordtive Network
-41 members
- 4 annual operational meetings including stakeholder and guest speaker updates
- 2 annual strate8ic Steering group meetings, in addition to focus and task groups
- 2 director and chair meetings
Collaboratlve School Strategy- ASK Project
rvLPN is a delivery partner for the Apprenticeship Support and Knowledge for schools and colleges programme IASKI.
which is funded by the National Apprenticeship Services, part of Department of Education.
Through the project delivery partners continue to offer every educational estsblishment a bespoke enga8in8 SUPPOrt
package to transform apprenticeship and T-level knowledge, offering provision to years 10, 11, 12 and 13 across Tees Vallev.
The project aim is to work with students, teachers, career advisers, and parentslcarers, alongside other key partners to
support schools and ensure that they meet their statutory duties regarding the provision of impartial information advice
and Euidance, specifically in relation to apprenticeships and T-levels.
Schools
Establishments
Planning Meetings
Activities
Pupils Engaged
FAA RegistratSons
55
55
58
60
183
8052
580
232
NIA
FE Colle
Establishments
Planning Meetings
Activities
Pupils Engaged
FAA Registrations
45
NIA
200
21
742
295

## **TEES VALLEY LEARNING PROVIDERS NETWORK LTD** 

## **REPORT OF THE TRUSTEES REPORT {INCLUDING DIRECTORS' REPORT) (CONTINUED)** 

## _**FOR THE YEAR ENDED 31 JULY 2024**_ 

## **Collaborative Marketing** 

- **Created and distributed an Apprenticeship booklet to all schools and stakeholders across Tees Valley.** 

- **Created a PDF version Higher & Degree Apprenticeship booklet for our website.** 

- **Maintained TVLPN website** 

- **Organised a Networking event for members, stakeholders and careers leads** 

## **Collaborative Training** 

- **Organised and facilitated 6 training and quality workshops and briefing events for members of staff covering the following topics:** 

   **1. ILR Training** 

   **2. Designated Safeguarding Lead Training** 

   **3. Digital Safeguarding Training** 

   **4. Trauma Training** 

   **5. Managing Mental Health** 

   **6. Managing Menopause** 

## **Collaborative Partnerships** 

**- Enhanced relationship with key Stakeholders - Tees Valley Combined Authority, AELP, Education and Skills Funding Agency, Job Centre Plus support in Schools, Local Authorities, 0-19 Services, National Careers Service and the National Citizen Service.** 

- **Enhanced relationships with Networks within the Northern Region.** 

- **Supported member's inspections for Ofsted, Matrix and Investors in people.** 

- **Organised and participated in local update meetings with local authorities and Network members.** 

- **Developed Stakeholder Group which includes National Careers Service, National Citizen Service, DWP, Tees Valley Combined Authority & local authorities.** 

- **Organised and facilitate member peer support groups** 

- **Individual Provider Meetings - one to one support** 

## **Structure, governance and management** 

**The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.** 

**The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:** 

**Mr MR Foster** 

**Mr DA Thompson** 

**The Report of the Trustees report was approved by the Board of Trustees.** 

**Mr MR Foster Trustee Dated: ........................ .** Q.6 \ l **I\** '2c:)2..'-f 

**-3-** 



TEES VALLEY LEARNING PROVIDERS NETWORK LTD
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF TEES VAILEY LEARNING PROVIDERS NETWORK LTD
I report to the trustees on my examination of the finanaal statements of Tees Valley Learnln8 Providers Network Ltd (the
charityl for the year ended 31 Juty 2024.
Ilésponslblmiies and bJ51s of Teport
As the trustees of the charity land also fts directt)rs for the purposes of comparry law), you are responsible for the
epardtlon ofthe Ilnandal statements In accordan￿ wlth the requlrements ofthe Companles Art 2006.
Having satisfied myself that the flnanclal ststements of the tharfty are not requlred to be audlted Under Part 16 of the
Compante5 Act 2006 and are eligible for independent examirthion, I report In respect of my examlnatlon of the charitvs
financial statements orried out under section 145 of the Charlties Art 2011. In carrylng out my examinatlon I have
followed the Oirectlons gfven by the Charlty Q)mmission under sertion 1451511bl of the Charitie5 Att 2011.
Independent examlner's statement
I have completed my examlnation. I confirni that no matters have come to my attent￿n in connection with the
examination giving me cause to belleve that In any matertal re5pert:
l accountlng records were not kept in respett of the charity as required by sertKin 386 of the 2CK)6 Art: or
2 the financlal ststsments do not accord with those records; or
3 the finandal ststements do not comply with the accounting requirerftents of section 396 of the Companie5 Act 21>)6
other than any requirement that the financial statements give a true and fair vlew. whlch Is not a matter considered as
part of an independent examination,. or
4 the financi415tatements have not been prepared In accord?nce with the methods and principles of the Statement of
Recommended Practice for accountlng and reporting by chartties applicable to charlties preparln8 thelr financial
statements In accordance wlth the FSnanch41 Reporting Stsndard appSlcable in the UK and Republlc of Ireland (FRS 1021.
I have no concerns and have como acr055 fK> other mattets in connectlon wlth the examlnatlon to whith attention should
be drawn in this report In order to enable a proper understanding of the finandal statements to be reached.
MYS s whtyte
Mrs Sharon White
ACCA
Ben50n Wood Ltd
Untt 21
Belasls Court
Belasls Hall Technology Park
Billingham
T523 4AZ
26/1ts2024

TEES VALLEY LEARNING PROVIDERS NEfwoRK LTD
STATEMENf OF FINANCIAL ACTIVITIES
INCWDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 JULY2024
Unv•$trk￿ Unrestrirted
fvnd$
funds
2024
2023
Income from:
Donatlons and le8ades
Investments
99,133
5,154
82.528
1.381
104,287
83.909
Raising fijnds
75.3
67.432
G0￿ManCe costs
1,417
L320
525
77.319
69.152
Net Income for the yearl
Plet movement In fvnds
26,968
14,757
Fund balan￿5 at l August 2023
166.033
151.276
Fund hlanrns •t 3lJuty ZOZ4
I93.￿1
166.033
The statement of flnancS?l actlvftles Includ￿ all gain5 a￿1 losses recognised In the
The 5t*ement of financial artlbttles Indudes all 8ains and losses reco8nlsed In the year. All Income arnl eMpendFtyre derl¥e
from continuin8 activities.
The statement of Ilnancial acti¥ltles also complies wlth the requirements for an income and expenditure ac¢owtt under the

## **TEES VALLEY LEARNING PROVIDERS NETWORK LTD** 

## **BALANCE SHEET** 

## _**AS AT 31 JULY 2024**_ 

|||**2024**||**2023**||
|---|---|---|---|---|---|
||**Notes**|**£**|**£**|**£**|**£**|
|**Fixed assets**||||||
|**Tangible assets**|**9**||**869**||**173**|
|**Current assets**||||||
|**Debtors**|**10**|**2,064**||**1,740**||
|**Cash at bank and in hand**||**196,883**||**170,853**||
|||**198,947**||**172,593**||
|**Creditors: amounts falling due within one**||||||
|**year**|**11**|**(6,815)**||**(6,733)**||
|**Net current assets**|||**192,132**||**165,860**|
|**Total assets less current liabilities**|||**193,001**||**166,033**|
||||---||---|
|**Income funds**||||||
|**Unrestricted funds**|||**193,001**||**166,033**|
||||**193,001**||**166,033**|



**The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 July 2024.** 

**The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.** 

**The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.** 

**These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.** 

**The financial statements were approved by the Trustees on ........................ .** 


**----- Start of picture text -----**<br>
Mr MR Foster  Mr DA Thompson<br>Trustee  Trustee<br>**----- End of picture text -----**<br>


**Company Registration No. 06743505** 

**-6-** 



TEES VALLEY LEARNING PROVIDERS NETWORK LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUIY2024
Accountlng poucies
Charity InfqKmatioA
Tees Valley Learning Providers Network Ltd is a pri4Bte company lirnited by guarantee incorpor*ed in England and
Wales. The registered office is Bizspace. Office 13G. Queensway House. Queensway. East Middlesbrough IndEst.
Teesside, T53 8TF.
1.1 Atcountlng conventlon
The financial statements have been prepared in accordan￿ wlth the charty'5 govemlng document, the Companies Art
2006, FRS 102 "The FinanciAI Reporting Standard applicable in the UK and Republic of Ireland. and the Chariknes SORP
"Accounting and Reporting by Chartties: Statement of Recommended Prdctice applicable to charities preparing thelr
accounts in acwrdance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021".
The charity is a Publlc 8enefit Entty as defined by FRS 102.
The charity has taken advants8e of the provlsions in the SORP for charltles not to prepare a statrment of cash flow5.
The financlal statements are prepared in 5terlin& which is the funrtlonal currency of the charfty. Monetrry amounts in
these financial statements are rounded to the nearest £.
The financial statements have been prepared under the hbstorlcal cost convention, Imodlfied to include the revaluation
of freehold properties and to Include Investment properties and certain financial instruments at fair valuel. The
principal accounting policies adopted are set out below.
L2 Goln8 concern
At the time of approving the financial statements. the trustees have a rea50nable pJpec&ltion th* the charlty has
adequate resources to continue In operational existence for the foreseeable future, Thus the trustees continue to adopt
the goln8 concern ba515 of accountlng In preparlng the financlal ststements.
13 Charftable funds
Unrestricted funds are awdilable for use at the dixretion of the trustees in furtherdnce of their charitsble objectives.
Restricted funds are subjert to specific conditions by donors or grnntors as to how they may be used. The purposes and
uses of the restrirted funds are set out in the notes to the financial statements.
Endowment funds are subject te specific condltions by donorsthat the capital must be maintslned bythe charity.
IA Income
Income is recogni5ed when the ¢harity hs legdlfyl entitled to it after any performance conditions have been met. the
amounts ran be measured rellably. and St15 probable that inwme will be receNed.
Cash donation5 are recognised on receipt. Other donations are recognised On￿ the charity has been notif￿1 of the
donation, unless performance conditions requlre deferral of the amount. Income tax recoverable in relation to
donatlons re￿}Ved under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are reeognised on recelpt or otherwise If the charity has been f*)tlfied of an Impendlng dlstribution, the
amount is known, and receipt is experted. If the amount Is not known, the legacy is treated as a contingent asset.

TEES VALLEY LEARNING PROVIDERS NEfwoRK LTD
NOTES TO ThE FINANaALSTATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
Ac￿untIng pollcles
Iconllnued)
L5 Expendltsre
Expendtture is re￿￿nI￿d once there Is a legal or constructive obli8ation to transfer economic benefft to a thlrd party. it
is probable that a transfer of economic benefits will be required in settlement. and the amount of the obli8*ion can be
MeasU￿d rellably.
Expenditure is dassified by activity. The c05ts of eath actNty are made up of the totsl of dI￿¢t costs and shared u)sts,
Includin8 SUPPOrt costs irM)Ived in undertaking each activty. Direct costs attributsble to a single activrty are allocated
dire¢tty to that artivlty- Shared costs whlch contribute to more than one activity and support costs which are not
ttributable to a single activity are apportioned between those activities on a basis consistent wth the use of resourc￿.
Central stsff costs are allocated on the basis of time spenL and depreciation tharges are allocated on the portion of the
assevs ￿e.
Expendlture Is accounted for on an accruals basis has been classifled under headings that aggregate all cost related
to the category. Where costs cannot be direth attributed to particular headiry they ha¥e been allocated to attivities
on a bois consistent with the use of resources.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation. net of depreciation
and ary impaimient losses.
Deprecfjatlon is recognised so as to write off the w5t or valuation of assets less their residual values over their useful
lives on the following bases:
Fixtures and fittings
Computers
25% on cost
25% on cost
The galn or loss arfsing on the dlsp05al of an asset is determined as the dIffe￿nCe between the sale proceeds and the
carryingvalue of the asset. and is recogni5ed in the ststement of financial activitie5.
1.7 Impalfment of flxed assets
At each reporting end date, the charbty reviews the carrying amounts of its tsngible assets to determine whether there
is any indication that those assets have suffered an impairment Ioss. If any suth indication exlsts. the recoverable
amount of the asset is estimated in order to deterniine the extent of the impaimient loss lif any?.
IA Cash and cash equl¥4lents
Cash and cash equivalents include cash in hand, deposits held at call with banks. other short-term Ilqurfl Investments
wlth orlginal maturftie5 of three months or les5, and bank overdFaft5. Bank overdrdfts are shown wlthln borrowlngs lft
current1Sabllities.
1.9 Finand•l Instnjments
The charity has elected to apply the provisions of Sertion 11 'Basl¢ Finanoal Instruments, and Sertion 12 '0ther
Financial Instruments Issue5. of FRS 102 to all of its financial in#ruments.
Financial instruments are recognised in the tharity's balance sheet when the chaiity becomes party to the contractual
provisions of the inttrument.
Financlal assets and Ilabllltles are offseL wth the net amounts preserted in the financial 5tatemerrts, when there is a
legally enforceable right to set off the recognised amounts and there Is an Intention to settle on a net basls orto realise
the a55et and settle the liability simultaneou51y.

TEES VALLEY LEARNING PROVIDERS NEfwoRK LTD
NOTES TO THE HNANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
AccounilTrd policles
(Continued)
Basic finanual assets. whlch indude debtors and cash and bank balances. are Initially measured at transaction price
including transaction costs and are subsequently carried at amortised cost Using the effecttve interest method unle55
the arrangement conrtitutes a finanang transaction. where the transartlon is measured at the present value of the
fLrture receipts discourrted at a market rate of interest Flnancial assets ckssified as receivable wlthin one year are not
amortlsed.
8askAlnandol Iloblllt
Basic financial liabllitie5, including t￿ditOrS and bank loans are inltially reco8ni5ed * trn5a¢tion price unless the
arrangement constitutes a financing trdn5artion. where the debt instrument is measured at the present value of the
futu￿ payments discounted at a market fate of interesL Financial Itabilitie5 dassified a5 payable within one year are not
amortised.
Debt Instruments are subsequently carrfed at amortlsed cost uslng the effeLtlve Interest rate method.
Trade creditors are obligations to pay for goods or services that have been ècqulred In the ordinary course of operatlons
from suppliets. Arnounts payable are classlfied as current Ilabilltles If payment Is due within one year or less. If not. they
are presented as non-current Ilabllltles. Trade ¢￿dItOrS are recognlsed Inltlalty * transartlon pr1￿ and subsequently
measured * amortised cost using the effective Interest method.
Derecoqnitlon offinonciolllabllltles
Financial liabilities are derecognised when the charlws contrnctual obllgatlons expire or are discharged orcancelled.
1.10 Employee beneflts
The cost of arw unused holiday entitlement ￿ recognised in the perlod in which the employee's seThlces are received.
TermInat￿n beneffts are recognised imMed￿telY as an expense wtr￿ the charfty is demonstrably committed to
terminate the employment of an employBe or to provide terniination beneffts.
i.li RetlrnTwnt benefft5
Payments to defined contribution retirement benefft sthemes are thaTged as an expense a5 they fall due.
Crltlcal accountsng estlmates and judBthTrents
In the application of the charlvs a¢countln8 policies, the trustees are required to make judgements. estimates and
assumptions about the carrying amount of assets and liabilitie5 that are not readily apparent from other 50urce& The
estlmate5 and aswciated asstsmption5 are based on historical experience and other factors that are considered to be
relevant. Actual results may differ from these estimates.
The estim*es and underlying assumptlons are revlewed on an ongoing basis. Revision5 to accounting e5timate5 are
recognised in the period in whbch the e5tim*e is revised where the revislon affects only that period. or in the period of
the revislon and futu￿ perlods where the revision affects both current and future periods.

TEES VALLEY LEARNING PROVIDERS NEfwoRK LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
Don*loDS and legades
Unrest11rt￿ Unrestrlcted
funds
2023
Project and grdnt funding
Services and members, fee5
73,925
25.208
58,793
23,735
99,133
82,528
Unrestrlcted Unrestricted
funds
funds
2023
Interest recelvable
5.154
1,381
Ra151n8 fvnds
LIMertrf¢ted UnrestrSrted
fvfids
funds
2024
2023
Fundraisin
Support costs
and blicl
75.377
67.432
75,377
67.432
10-

TEES VALLEY LEARNING PROVIDERS NETWORK LTD
NOTES TO THE FINANaAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
Support costs
2024 Support costs
Govemance
Costs
2023
stsff costs
Dep￿(latIOn
Travelllng
Room hSre and
catering costs
Telephone
Postage and
stationery
Sundrie5
Sub5criptlons
Event cost5
Repa1￿ and
renewa15
Advertising
Bookkeeping
Rent
Insurdnce
45.995
106
1.179
45.995
106
1.179
43,313
58
1.494
43,313
58
1,494
1.772
1.772
1.359
739
1,359
739
378
1.471
945
378
1.471
945
7.076
7,076
385
385
6,584
293
4.753
1.104
459
4,830
298
4.650
1,051
459
4,830
298
4.650
1.051
293
4.753
1.104
Bad debts
Accountsncy
525
1,417
525
1.417
400
1320
1.320
75.377
1,942
77,319
67,432
1.720
69.152
Ana￿Sed between
Fundraislng and
charitsble artivities
75,377
1.942
77,319
67,432
1.720
69.152
Trustees
None of the trustees lor any persons connerted wlth them) received any remuneratlon or beneffts fmm the charity
during the year.
11

TEES VALLEY LEARNING PROVIDERS NEfwoRK LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
EmployeÈs
The aver4ge monthty number of employees durin8 the year was:
Numhr
Number
Employment costs
2023
Wage5 and salaries
Other pension costs
45.023
9n
42,411
902
45.995
43.313
Tanglble flxed assets
ffttln¢5
At l August 2023
Additions
670
172
1.618
629
2.288
At 31 July 2024
2,247
3,089
Dwedatlon and imp•lrnwnt
At l August 2023
Depreciatlon charyed in the year
497
61
1.618
2.115
105
At 31 July 2024
558
1,662
2.220
Caftyini amount
At 31 JLbly 2024
585
At 31 July 2023
173
173
12-

TEES VALLEY LEARNING PROVIDERS NEfwoRK LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
10 Debtors
2024
2023
Amounts fallifft8due withln one year.
Trade debtots
Prepayments and accrued income
1,099
965
955
785
1.740
11 Crndltors: amourts fallknE due wlihln one year
2023
Other tsxatlon and soclal securlty
Deferred income
Other creditors
Accruals
437
1.800
722
3.856
499
722
3,712
6.815
6,733
Deferred Income
2023
Other deferred income
1.800
Deferred Income Is Included in the financial Statements as follovts:
Deferred Income Is Included within:
current1sabilitie5
There were no movements in the year.
13-