2023-03-31-accounts

Companies House Education And Employers Taskforce Annual Report and Flnanclal Statements 31 March 2023 Company Re8istration Number 06886359 IEngland and Wales) (harity Re815trotion Number 1130760 AC3CM363 2811212W23 COklPANIES HOUSE

Education And Employers Taskforce Contents Page Reference ond adrf￿ni5tr3tive inf0m1￿10n Trustees. repNt 2-16 Auditorfs re 17-21 Statement of financial artivlties 22 Balance sheet 23 Statement of cash flows 24 Notes to the financial ststements 25.34

Education And Employers Taskforce Reference and administrative informatlon For the year tnded 31 Marth 2023 LNre¢tory and Trustee5 KymberliÈAndrew Kenneth Bristow David Cruickshank Professor DavTrd Dotherty OBE lan Fer8U51YI Karen Giles Professor Sir Steve Smith Saeed Atcha MBE DL (Appointed 17 Ociober20221 Nicola Freeman IAppointed l July 20221 Se*r Man8￿ment Nick Chambers CEO DominicJudEe Charlotte Thurston Chaflty reetstsred number 1130760 Company re￿Stered nurnber I￿86359 antum House Red Lion Court London En8land EC4A 3EB prlndpal oflke Bulla￿tt iiP 130 Wood Street London EC2V 60L The CooperatNe Bank PO Box 101 Oalloon Street Manchester M604EP Freshffiekls Bruckhaus Derin8er 65 Heetstreet London EC4Y IHS

Education And Employers Taskforce Trustees. report For the yeai ended 31 March 2023 The Tru5tee5 present their annual repNt together with the financial ststements of Education and Employers Taskforce I'the Chariv) f¢r the year ended 31 March 2023. The financial statements have been prepared in accordance the xwuntFng polities set out in note5 to the actounts and comply with the Charitvs goveming documenL the (harities Art 2011 and ActountinÈ and Reportin8 by Charities: Statement of Recommended Practite applicable to charities preparin8 their accounts in accordance with the Finanoal Reporting Stsndard applicable in the UK and Republic of Ireland published on 16 July 2019. The Charity operates under the workin8 name of 'Ed￿￿tIOn and Emplo￿r5.. STRucfuRE. GOVERNAPICE AND MANAGEMEIIT Education and Employers was incorporated on 23 April 2((8 wTrth the company numbei 06886359 and re8iStered as a charity on 27 July 2009 wth the charity number 1130760. The companvs governing instrument is its Memorandum and Articles of Assotiatioh. Education and Employers is a company limited by guarantee and has no share capital. The Board ofTrustees act as Trustees of the Charity and Dirertors of the Company. Trustees ensure the tharity complies with charity law and they oversee the strate8ic direction. The Board meets ontè per quarter. Board meetlngs are closed and attended byTrustees and the ExecutNe Team (Senior Management Teaml who report on progress against mission and provide administratrye support. Trustees appoint the Senior Management Team ISMTI and consider the Chief ExttutNe. Director of Operations and Programmes and thrertor of Governante Programmes as kty management personnel. The Board of Trustees oversees the perforrnan¢e of SMTincludin8 collaboration5 with the partner organisations. In this year and up to the date of the approval of the financial State￿￿nts. the followin8 people acted as Trustees.. Kymberlie Andrew Saeed Attha MBE DL Mr Kenneth Bristow Mr David Cruickshank Professor David Docherry OBE Nicola Freeman lan Fer8uson Karen Giles Professorsir Steve Smlth The Board of Trustees undertakes reuuitment of new members based on a skills revtew of the Board. New Trustees have an induction and ats provided with ongoing support and training to meet their responsibilities. Trustees fulfil a valuable role as ambassadors for the Charity to strengthen our influence with key stakeholders and decision-makers. The Charity works in cdlaboration leadin8 or8anisatyon5 representin8 education, ernploymènt. govemmènt and intermediariès. approved by the Trustee5. Their role ts essential to achievin8 the vision and by coordinating their activities they wll prwide greater clarity for sthools and colle8es and minimise unnecessary duplication for employers. We belitve that by working togètherwth tyjr partners and eollaborators across all sertors that we Can help ensure that ￿ery young person in the UL wherever they Irve, whatever their parentslcarers. circumstantts. ha5 the opportunity to hear first-hand about jobs and the world of work. We want our youn8 people to become excited by learning and by their potential, to see the diversity of what 15 possible and to make informed decisions abtyJt theirfuture. Senlor Managemenl Tearn (Smn The team is led by the Chief Executive who mana8e5 daily operations induding finances and strate8V as directed by the Trustets. He is responsible for liaising with Trustees, partners and all other stakeholders. He reports dsrectly to the Trustee5 who are re5ponsibl* for monttoring and assesslng hts Performan￿ and that of the team.

Education And Employers Taskforce Trustee< report (continued} For the year ended 31 Marth 2023 STRucfuRE. GOVERPIANCE AND MANAGEMENT Icontinuedl Remunèratlon pollcy The Board of Trustees sets the remuneration levels for the SMT. In setting remuneration. Trustees have regard to the need forthe Charity to attrart and retain highty effectNe people who can further the aims of the or8ani5ation. In SO they wish to minimise any unnecessary expense and ensure that the differential betsveen the hi8he5t and l¢)west paid member of staff is kept to a rninimum. Publlc benefft The Trustee5 confirni that they have referred to the guidance contained In thè Charity Commission's general guidance on public benefit when reviewin8 the Charivs aim5 and objertive5 las set out below) and in planning future actfvities and setting ¥propriate Oldes for the year. Small wmpany exemptlo• The finanual statements have been prepared in accordan¢e with the provisions applicable to companies subject to the srnall companies re8ime. Objertlve5 and arllvltFes The vision of Education and Employers is to"pro¥ide young people with the ift5piration, motivation, knowledge. skills and opportunities they need to help them ath1￿their PDtential-. The objecttve5 of Education and Employers are.. To help ensure that all young peopJÈ achieve their potential and leave edvcation with the relevant sknlls. knowledge. aspirations and motivation to enter further learning and the workforce: To contrlbute to ensurin8 thatthe UK'S future workforce is equipped with the skills that employer5 seek and thereby to help employets realise the benef￿ from their invofvement in education. To provide clarity. Simplicity and effioenty in linkin8 education to employers- To supportthe leadetship and management of sthools and colleges by providing highly skllled volunteers to serve a5 governors.. To support 5choots and c￿lege$ In Inspiri￿ guiding and motr¥ating young people about the world of work,. and To inspire and motivate employers. Owr Values As a tharity, we are committed to embodying ourvalues in ourwork with youn8 people. sthools. volunteers. employers, staff. partnefs and supporter5. We Strive to be inspirin& indusive. Innovative and impactful, and to act with inte8rity in all that we do. Inspirin8: This value stands for wbat our Charity is about linking thé worltl of work with education. to inspi children from all baek8rounds to seek thevery best fvture Fh)55ible. We will encourage and support our energetic staff, empowerin8 thern to do a great job. Indysi%.' We WTII workcollaborntively with empl¢)yer, volunteeran(l education partnèrs to thampoon equality, offering intlusive solutions that meet the diverse needs of all thildren. particularly those from disadvantaged backgrounds. Innov*ive: We will undertakè and shart our pionttring research, usin8 our Innovative technology to offer creative solutions for the times. We will look to forni n•wpartnetships in the interests of thildren. do thin8S dlfferentty and have a'can do, attitvde.

Education And Employers Taskforce Trustees, report Icontinuedl For the year ended 31 Mafth 2023 STRucfuAE, GOVERNANCE AND MAP4AGEMENT (£￿tinue￿I Impacrful: We will seek to ensure that everything we do makes a real dIffe￿nCe on children's lives. We will ensure we draw on the diversity and tslents of all our5taff to do this. encouraging and challenBin8 each other to improve ourselves as Colleagues and to deliver a better servi￿. Integrlty: We wll work with integrity to aChI￿e our aims. This fmal value underpins all ourothervalues. In evèrything wt do we will be re5pectlul. opèn and honest. We will operate with a strong ethical foundation and build Trust with stskeholders and be￿en cdleagues. Main attivilies of the thaiity The Pflnclpal activities of Educatlon and Employers are carried out through the following pro8rammes that target state primary and secondary schools and institutions in the UK. These are supported by funded projects and campaigns whith wthin these progfammes: Inspirin8 the Future Primary Futures Inspirin8 Governance Research A kÈy overarthin8 artNity of the Charity is to levd the playin8 field for all stste sthoo15 and colleges. focusin8 our resource5 as appropriate on 5UPPOrting those most in need indudin8 children and youn8 people who are livin8 Wlth social, economic and environmental disadvantage. We work in partnership with local stskeholder5 antl ather organisations to athieve our outcomes and we are deeply grateful for the input of schools, employers and our In￿e￿Ib￿ dNer5e range ofvolunteers who a￿ passionate abo￿ helping youn8 people achieve their potential. All of our pro8rammes le¥era8e the power of technology to enable a low connert volunteers from the world of work t9 State schools which is Èfficient. ÈffectNe. equitable anij scalable. The aim is to give all yourig people the opportunity to meet and interact with people doing a wde range of jobs, from different sertor5. leve15 and backgrounds. It is available to all state schools but tnables the Chartty to prowde focused support for young people who need it most. It also enables the Charity to run Ioc31 and national campaigns based on location. econornic sector. School subjeets. diversity, social mobility etc. Teacher5. goveming boards, employers and volunteers from the world of work 5iBn up to the platform for free and are then able to conntet for a range of activities supportin8 career related learnin8 or as gLvemots to school l)oards. The online service is supported by resources. 8uidance and our tsam who help share good practice and ensure a sijccessful match. Feedback is gathered fr￿ key stakeholders to monitor activity and continuously irnprove (wJtcomes. A number oldynamic dashboard5 and automated reports give instantaneous access to activity data with the option to drill tlown to filtered results which helps to monitor progress and ensure effettNenes5. Education aftd Empltyers Research has a leading national and international researth team that has been acclaimed for pioneering research in careers education. The team works in partnership with 5evtral ￿$earth institutions enabling the Charity to bring key findings to the attention of key stakeholders in the f1eld of education and employment. The Charity is fortunate to beworknnB alongside hi8hly regarded institutions such as OECD Education, World Economic Forum to further our researth agenda and improve the quality of careers edutation for children youn8 people in the UK and beyond.

Education And Employers Taskforce Trustees. report Icontinuedl For the year end￿ 31 March 2023 ACHIEVEMENT AND PERFORMANCE In5pirlng the Futsre Inspirin8 the Future l￿FI was the frrst empl¢)yer engagement in education programme designed and developed by Edutation and Employer5 aimed at en8a8ing tens of thousands of schoots and volunteers across the country. It remains ourflagship pro8ramme for sthools with over 11.Q)O schoo15 and colleges registered nationally and over 3 million interactions between youn8 people and vdunteers to date. The programme offers an ynrivalled database of tens of thousands of dNèrse volunteers available for both in person and virtual arttvities. Coupled with our team's expertise in faalitatin8 impattful actr¥ities for a range of a8e groups and demographics, sthoojs attossthe ttjvntry come to us with tonfidtno in helpin8 to inspire their students, navigate potential future opportunitie5 and motivate them around subjects. "Inspsring the Future is on excellent woyto bring the wortdof wvrk'olive'forstudents. The service helps us to evidence work towards. in portreulor Gotsby Benchmork$4 ondy Judrth Price, Careers Leader. Yardleys School "One of ourspeLrkers expluined obout the mLrny different skilts ond4ybilities needed to produce some puckoging for o betyutyproducr. It reollyopened rheireyes to how mu(h workooes into o produ¢tffom tnitsolde5ign to rnorket.-CEIAG Co•ordinator 8urscou8h Priory Acadery All activities enable schods to successfully delryer against Gatsby Benchmarks. Includin8 delivering irnpactful ernployer and employee encounter5 whith builds upon our own research showin8 young people who can recall lour or more encounters a￿ less likely ro become NEETand increase their earnings potential. We provide a range of resource5 explicltly designed to support sthools in delivery of the Gatsby benchmarks and deliver trainin8 and 8uldance to help strenyhen this. This year we saw a return to Sive face to face activities 35the most popularform of artivlty for sthools. following the popularity of virtual attivilies in previous years. live virtual interactr¥e activities did however fematn popular and together wrth usa8e of rwr pre-recorded video lessons attivities featuring a range of Our volunteers, our programmes reathed over 550.(KK) children and young people over the last financial year. Over this financial year we have continued towork do5+￿ key stakeholders acros5 the 5èrtor induding local authoritie5. thè Careers and Ertterprise Network I"CEC"l and Multi-kademyTrusts indudin8 ASSEr Edutation aThd Future Academies. We have continued ourongtiin8 partnership with Education Development Trust IEDTi. who run the West London Careers Hub. where we have created new video resources for Khools and delivered events supporting pupils to tonnertwr(h employers. including a green jobs focused ￿ent. We continue to run national campabgn5 Wlth key sectors antl throu8h funded partnefships. This includes our NHS Ambassador5 programme, our lead Corporate supporter Bank of America and partnerships including Marilime UK. BP. Amaion Web Services and GCHQ. 7hrou8h these partnerships we are able to help employers and industry sertors create better links to local communities, reaching out to support young people in considering the range of role5 and career pathways available to them and Secu￿ and diversify theirfutufe tslent pipeline. We are 8rateful for their continued support and look forward to working with them over the comin8 year. Pwimary Fuiures We know that for child￿n of primary agt. making a t¢)nne(tion between what they leam in the dassroom and how it relates to the world of work isn't easy. Primary Futures, deleloped in partnership with the National Assoaation of Head Teacher5 INAHTI 15 intsnded to thange thaL

Education And Employers Taskforce Trustees. report (continued) For the year ended 31 Marth 2023 ACHIEVEMENT AND PERFORMANCE lcontinuedl Primary Futures Icontinuedl Gethn8 the chance to meet a wide range of people doing different jobs i% partitularty important for those children from disadvantaged batk8rounds who have few successful role models. eithèr at home or in their local Communities. Primary Futures helps thildren understand how athievin8 at school can lead to a satisfyin8, fulfilling career. This finantial year. we have published impact reports on several funded regional projerts including Prima Futures Black ool and Our Future whith show how these interventions help to broaden horizons and link learning to the wider world. Alongside our support to primary schools acros5 the country. thls financtal year we h￿e focused on delivery of a number of regional projecis, funded throu8h DIE Opportunity Areas. trusts and local authorities. whi¢h ènabled us to work in partnership ￿th clusters of schools providing teacher training and developing communitles of good prattice to embed actiwties with ourvolunteers into thè curriculum. Regional projerts included alackpool. Oerby, Cornwall. East R(din8 znd a sertorspeafic projeet in London called Build(n8 Future London which focused on the built environment sector. Hi8hli8hts included en8aging 154% of the pupil engagement tar8et (total of 3,451 pupilsl and impacting an intreHse in childreft'$ aspirati￿S and knowledge about job5 in infrastrurture and the built environment post project o hove such u ron9e oJvolunteers thot truty rejlertedour communty moke up. wus incredftblypowerful. Con't wait to children tellme they wont to beproject mono9ers. g05 engineers ondAucilities monagers rother thonfootbollers ond You Tubers. 17ealty opprecyote the distonce5 YOU trovelled to be with us todoyos well os thefvith you putinto DairyMettdowPrimory to host Such events. Take care- muy thi5 1)e the cortinuution of somethftng truty owesome.-Teacher. Dairy Meadow Piimary Sthool The coreers event wos o success- thonk yots so muchfororyonising. The children & the te<¥chers enjoyed tltre event ond lftlt like they got u lot out of it. One of my ktd5 even quotedsomethin9 Mario hudsoid yesterdoyso he obviouslyfelt reolly ins&wred. Theguesrspeokef5 fnurse & the pilot) were reollygood wirh the chsldren ond the kid5 reolly enjoyed looking Ot theirprops ond heoring their5torles It was reollynice gnd refreshtng to see ortuolpeople Jrom t1￿ world of work vtsitus. rother thun o virtuol event-so thonk5 ogoinforpushin9 this to get itorguni5edl~ Kingsway Primary in East Ridin8 This hgs been o hugelyp95ttive experiencefvrboth stoffand children ¢7t oUr$¢h￿￿. tt hq5 providedg plotform from which we cun boseAuture work ondhelp roi5e 05pirotions in un ureo of deprivotion- thankyoul Communicat￿n hos been brilli¢7ntondl hove olwoys lefteoch plonning meetingfteling well-infvrmed ond confidentto use the PrimaryFutures plutform in thefvture. Teather, Cornwall Primary School Further afield, we were also Invited to share our learnings from the UK to schoo15 in BrIt￿h Columbia. through a pilot project connecting students to employers funded by the BC Ministry of Education. Positive feedback was received from teathers. pupils and stakeholders about the work. with 96% ot students agreed they knew rnore about job5 available to them in the future followin8 activitie5 and 83% of educators rating the project as i8h impacy on students. To ensure the projecvs legacy, we developed a ran8e of instructional resources available for *ducator5 to use to help embed Ca￿er-related learnin8 in the British Columbian curriculum. A summary ofthe projett highlights can be found here htt ducationandem ers.0 columbia ro ect-laun We look fO￿ard to building on this wgrk cwer 20231241)oth here in the UK and through International partnerships. We would like to thank all our fundern indudin8 the AKO Foundation and T.U.U.T. for their finanual support and ovr volunteers. employer partners and teachers who continue to support us in our work to inspire the future 8eneration.

Education And Employers Taskforce Trustees. report (continued) For the year ended 31 Marth 2023 ACHIEVEMENTS AND PERFORMANCE Icontinuedl Go¥rnan¢e Proerammes Insplrlng GOVernon￿ (IGJ In 2022-23 we continued to deliver the Inspirin9 Governonce IIGI school Bovemor reuuitment service for the Department for Education IOfEI. Finantial year 2022-23 was the first year of delivèring a new, competitively secured. 'two plus one. contrart that will operate until at least Marth 2024, potentially until March 2025. The focus of this contrart indude5 recruitment to governing board5 of maintstned sth9915 and recruitrnent to local governing boards of acaderny t￿Sts. It d¢)es not now indude recruitin8 academy tr115tee5. although there were legacy trustee appointments made in eady 2022-23 that were re8iStered from reuuitment processes that started underthe previous years. contrart. The 8overnor recruitrnent servlce works using our unique Salesforce and Ordnance Survey mappin8 tethno108y plarform, where volunteers can register their interest in becomin8 a governor and schooll academy trust recrulters can post their governing board vacancies whilst also searching for suitsble skIl￿d volunteers in their local area. Those governors appointed in sthools he been provided with 5UPPOrtin8 indurtion materials and online trainin8 modules from the National Govemance Assooation. Durin8 the 2022-23 financial yearwe successfvlty met DFE contrart KPIS to secure full payment for the contract. We successful￿ placed L276 8overnors in schools. reaching 104% of the OfE's main matching tsrget slgnificantly exceedin8 many other KPIS. indudin8 exceedin8 the tsr8ets for appointin8 Black. Asian and minority ethnic 8ovemors by 207% and appointin8youn8er8overnors under SO by 162%. We also easilv excèeded our 8ender band targets. ovr non-London regronal appointsnent taryets, and our skills tsrgets. As part of tyjrgovernance work and tommitrnent to securing a dNerse cNic democrary, we have continued our commitment to diversifyinB sthool and cgllegè 8ovemin8 boards. Under our joini Everyone on 8oDrd campai8n with the NGA we have worked wth passionate partnets like Operation Black Vote, the Black Youn8 Professionals Network, and the brilliant fjvil Service Race Forum to promote the role of govemor to skilled and diverse professionals. In 2022-23 33% of our matthed govemors were from an ethnic minority background. In response to 8overnin8 boards continued artlculalion that they often lack education expertise on their governing boards to challenge headttathtrs, we have continued ourjoint Educotors on 8oord campaign. ndly supporte(I by the Assoc1t7t￿n ofSclkx+l ond College Leoder& the Nt7tion¢71Associotion of Heodteochers the Chartered College of feoching. the SooetyAorEducotton ond Trninin& Ambittion Institute, feoch First. ond the Independent Schoots Councilwe have recruited further hundreds of extra education profes5iona15 in 2022- 23, atross all En8li5h rt8iofis and sthool phases. to support 8overnin8 boards. In additiCn to edueation volunteers, we have worked with a nationwide nets¥ork of employers Iboth private and public sector) and professional associattons & member networks to talk tovolunteers about the role of governance. These have induded our growing number of School Governor Chrymwons. promoting the role of 89vernor to their staff. and 5UPPOrtin8 them undertake the rol. We have continued a wlde range of communi¢ation Campaigns throu8hout the year. including ourvolunteers Weel 'batk to school.. and Christmas and New Year campaigns. We have also continued to produce numerou5 ca g￿￿￿featUrIng youn8 and dNerse govemors persuadin8 thwr peers to constder volunteering as a governor.

Education And Employer5 Taskforce Trustee< report (continued) For the year ended 31 Marth 2023 ACHIEVEME￿5 AND PERFORWINCE (continu￿> Go¥ernance Pro81￿mS Icontinuedl Insplrfnq Go¥emtsnce(IGI fcontinuedj We have enjoyed stron8 relationships throughout 2022-Z3 with wide range of governor and trustee recruiters. These have includeil Local Authorities. AcademyTrusts. ￿0¢eSe and a wide range of Schools, college5. and academy trust local 8overnin8 boards themselves. 2022-23 saw 1.557 more sin8le school and academy trust recruiters sign up to use the Servi￿{230 of these recruiting for multiple schools) and we untlertook numerous virtual (beginner and masterdassl brsefin8s for recruiters on how to best use the online pktform to support their recruitment needs. Our Inspiring Gownance seNice has athl￿1 consistentty high customer satisfaction rates throughout FY 2022-23. The last Q4 suThey of our placed wdunteers and reuuiters was conssient with quarters 1-3 and showed: 97% of volunteers were satisfied with the 5ervits provided by Inspiring Governance.. 97% of volunteers would recommend the IG servite: and 9PA wwè happy with th inlomiètion and onboèrdin8 support provided to therrt throughout the proces5. surveys of our recruiters showed.. 97% of retruiters we satisfied with the service provided by Inspiring Governance and 95% would rteommend the IG service to .others. This is an exceptionally strong endorsement of our work judged by any industry standards for customer satisfartion. This is further evidenced by the positNe feedback we have re￿1Ve0 from recruiters, typical example5 of whith we feel important to celebrate in this ￿pOr1.. -Mony thonk4 tljls site has enobledme tofind oll my volunteers gnd o diverse group. We nowhove o very Strong governing body.- -Firstly. tIKrnkyoufvrsupporting t7urgoverninq£wrds in Leed& We 1￿had$0MeeXee1￿rtt90VemOls plocedon tlrese boords... -rm deltghted tosoy thotA wos Offic￿lty odopted onto ourgoverning body lost night. l um extremefy confident thcrthis experience, skilts. ond knowledge will moke him Uf] incredible Osset to our boordand orte ugusn thonk youfor the excellent serwce you offer. We h¢we nowfound 3 bri1liuntg9verr￿￿ through IG ond theprimory where l om o go¥emorlrnfound onother4. Thonk yoy 59 much." honk5 to yourexcellent website we hove recruitedfour newgovernors with the5kills ￿ wrre 5¢eking." Yes. we appointed DKS and CW. ond they tsreprovin9 to excellent Oddit￿n5 to the Boardof Trustees. -During thepondemic we usedyouronline5eorthfocility to recruitsomenew (exceptionollygoodl) Trustees." "I hovefound Inspiring Governunce very usefulos we hove recruked2 9ovemors throtwh the system ond ¢7150fvund the supp9rtprov￿d ty yourselves very helpfvl.- e have just welcomed CR to our teom O Thonkyouso much. o greot recruitmentfvrus.~ "l am delightedto confim? thot Chos £en oppointed05 ¢7 loculAuthority governorot Wartd is moking o positive impoct ulreody. We ore very excitedto hove her on the team. Mqny thonksft+ryoyrhelp infinding e didindeed. Condidotenomeis E4 ondshe isprow'ng excellentolreudyso thunkyou." e ore on the crossroods of the M20/M25 which sounds wonderful btrt con meon hu9e trnffi¢oueues to get into schoo150 whot ltreporticularfy likedobovtyoursite is the obility to select by1ocut￿n. People who live neorbyore o huge 05set." Trnk you very muchforproviding the service thot you do. IYS been hu9ely helpfvl to ourG8." Yhank you qgoinfvr ollyour help. Our IGB 15 I¢￿king much heolthfter now which isJontostic.- Trnk youfor the Insprring GOvernOn￿ se￿ce. we would be lost without it!- Trnk youforyourossistonce. N s the 3rd TrustGovernor Ihave appointed vio Inspiring Governtsnce. I do recommend it within our Trustondseverol oAL)urSchools hove opwntedGwernor5 using the website. All in oll o very voluubleservAceforschtK15 ond trnsts. Thonk you.- "We I￿ve just appointedJR os o Foundotion Go¥tmor- he wos on excellent condidote ond well mqtched to the needs oJtheschool.- "We ore delighted with the q[￿litY of governorsfrom yoursite. Thanks ¥pry muchforyourhelp."

Education And Employers Taskforce Trustee< report Icontinuedl For the year endèd 31 Marth 2023 ACHIEVEMENTSANO PERFORMANCE Iconbnuedl Governance Proyarnrnes Icontlnue(l} Insplrlnq 6overnon¢e IIGJ fcontinued) onksfor thehelpfvm Inspiring G¢wernon¢e. Itis regllybenefJtig1 in tonnetting Governin9 Boords ond potentiol new GovernotS.- "lom so hoppy with Inspiring Governance ond with my newGovernorsl" -just in terms offted1￿ckIOrY￿U. both R ondNoreexcellentcondNdotes,' so much so thot we have offered them CfyoptedAdvisor roles to two of our Trust committee5. in oddition to Governorroles in two of our schoo15. With muny thonk5fvryour5UPPOrt undservKe in helping us to meet our recruitment needs- Thunk youfvryourinvqluoble 5ervi¢e." "lom delightedto inform you that our vaconcies 17tHPrimt7rySchwl hfjve beenfilled th¢7nks to Inspiring Governoncel So. thunkyoul- unk you onceugoinfvryour5upwr¢finding Governors 15 Lrcoming o reolchollerwe ondytsurservice Is reolly appreciotedr" In 2022-23 the new Inspiring Governance contract Wa5 focused inueasin8ly more on supporting'high needs. setting5. These were defjned as those 5chools/ academies rated 'requires improvementr or'inadequate by Ofsted, or school 8o¥erning boards causing concern referred to us by a local authority, diocese, or academy trusts for extra recTUltment support. These governor placements have required signifiCan￿Y more time and bespoke work from ourtearn- despite the new contrart having 45% redU￿d funding and consequent reduced stsffin8 from previous financial years. However. it is clearthat our governor appointments in these sthools are making a cgn5iderable difference- below are some anonymi5ed vi8nette5. shLMin8 typical examples of Whe￿ we have recruited highly skilled 8ovemors for high needs settrn8s. Brl8hton- contarted by a team leader in the DfE RSC office to urgently recruit a member for a newly formed IEB in a local sttondèry academy (part of an academy trust) that had been provisionally plaeed in special -mea5ures after a recent Ofsted judgement of "Inadequate-. The appointment was exceptionally ur8ent, with a rapid turnargund tirne. but by searthing through our nètwork ofggvematste contacts we were able to matsh them with a very experienced Ex-thair, with previous IE8 experien￿. who could attend meetings remotely. Somersd- a governan￿ professional at an academy trust approached us to 5UPPOrt a 'r*ew build, school that was havin8 actste difficLtlty in buildin8 an effective local 8overnin8 body due to the location of the School "on a partially built housin8 developmenv. By providin8 hands on support through the IG platfomi we were able to turn-around two matthes within 28 days- a project delr¥ery offiter at the DfE with recent experience working in the South-west Regional School Cornmissionerfs IRSCS) Office and a Deputy PrNate Secretary wth the Ministry of Justiee. "l om delighted to letyou know thot I￿th were oppointed to the l68 this evening. Thonk you SO MUCIII What on outcomel- Salford- we supported a school that was judged as Requires Improvement In 2018, 2016 and 2013 where 14.5% of pupils h3ve an SEN Education. Health. and Care Plan. and a1rn05t 50% are eligible for free school meals. We were delighted to help the governance professional at thi$ School reerutt twg high calibrt volunteers to help on its joumey towards improvement. A PhD le¥el researcher at the University of Manchester, with a specialist interest in indusion and dwersity and an ExecutNe Director of Operations at Sto¢kport NHSTNst.

Education And Employers Taskforce Trustees. report Icontinuedl For the year ended 31 March 2023 ACHIEVEMENTS AND PERFORAIANCE Icontlnvedl Governance ProKrarnmes Icontinuedl Inspiring Govtrnpnd to missl" The charity is immensely grateful to all the brilliant eMp￿yerS WKI professional assouations that have 5UPPOrted the service and all the fantastic indNiduals who have volunteered to become a 8o¥ernor/ trustee. Our Value of Volunieering research hi8hli8hts four clear benefits to volunteering as a govemor.. benefits to sthools from Skilled volunteers, professional skill development for volunteers from undertaknn8 the role- motivation and productivity Bains for employers who support their staff to volunteer. and additional personal health and well-bein8 8ains for those indwidua15 who volunteer. We would a150 like to thank our funders the Oeparbnent for Education: and all the govemor recruiters who have worked wlth us frorn indlvidual schools to Icol authorities. diocesè and multi academy trusts. Our re501ute focus in 2023-24 wlll be to seek and respLNKI to your feedbath and ￿ntinUe to improve the customer journey in the years ahead. io

Education And Employers Taskforce Trustees, report Icontinuedl For the year ended 31 March 2023 ACHIEVEMENTS AND PERFORMANCE Icthitinuedl Restsr¢h 'OurFuture'Report In Ottober the charity published an evaluation and impact research report which showed how rneÈting a diverse range of role rnodels from the world of work has helped to raise thildren's 35pirations. broaden their horizons, increase their motivation and hdped foster a more positNe attitude towards learning. The report evaluated the impacl ofthe'our Futu￿. project in its third year. where over 9.IXOchildrtn from 52 primary Schools in Derbyshire and Noitynghamshire have benefitted from 131 supported ￿reer-rel3ted learnin8 activities. The project was funded by Derby Opportunity A￿a and run by the Education and Employers Charity in partnership with Learn by Desi8n and dmh associates. Our Future sUPPOrted teather5 to ttjnnett wlth volunteers, includin8 those from the Prima Fu ures online platform. who helped brinK curriculum learning to lile and show children that what they are leam&n8 now is re￿vant in the future. his project helped rronsfttrm ourschool curriculum ondthe way we think obout let7dership und project-bosed leorning in the clossroom. E0￿￿rOU￿ 015red roting wo5 lTrOt good. we odopted thts opprooch ond involved everyone in the school, purents eMploYe￿￿oI￿nteers. We ore so grotefvl to the teomfortheir suppon.- (Head. Landau Forte Academy Moorhe￿} -children con now nome o ￿￿ervO1￿ety ofcoreer5 andknowthotsterÉotypessh¢wldnot motter when thinking of o ctireer.~ IOas5room teacher, Zaytounz Prirnary School) Key Findings Impart on a5piration5 and broadening horizons An increase frgm 62% to 74% ofchildren agreed vrith the ststement'l can do any job I want when l erow up.. An increase from 71% to 83% of those agreein8wth the ststement There art lots of dIffe￿￿tIObs for me when I grow up,. 76% children said they felt IAspired and excited after hèaring adults talk about their job5. 96% of parents think it 15 importantfor their children to understand the link betsveen what they leam at school to the world of work. Improvement in key ski115 Children's 5elf-assessment of thwr ski115 POSt£RL (career related learnin81 artNity shows an increase across all 9 key skills. This was also tonfirmed thrtsJgh teacher and headteatherfeedback. J* J59 li

Education And Employers Taskforce Trustee< report Icontinuedl For the year endtd 31 March 2023 ACHIEVEMEtirs AND PERFORMANCE Icontinuedl Research Icontinuedl FuturfReport(continved) Tacklin88enderstereotypin8 92% of pupils agree'Girls and boys tan do the s3rne job.. 92% of teachers agreed that the career-related leaming actr¥ities delivered have addressed the issue of gender equality. 82% of parents agree thal it is importsnt to tackle gender stereotyping from an eady a8e. -1 didn't know rI￿t I coulddo ony job I wunted. I thoughtsorneiobs were ju5tfor men ondsome were justfvr womenl-IKS2 pupill lrnpatt on the teathers 100% of teacher respondents to our suNey indicated the pro8ramme had a positive effert on the thildien and 95% stated their expectations had been exceeded or met. Ve huve IRen reollyglud to be upgrt of the proiert this yeurond we hoveftlt thot the experience5 hgve been reoltypositive tsnd beneficiulfor the children. We would definitely wont ro tokeport in onyfvture proiects thot orise. Thonk youfvryoursUPPQrt this yeor. we Irope to VIk￿th you 090in soon.- (Teacher. CherryTree Hill Primary) Education s￿cl Commoitets Educarion and Employers were asked to give evtdence to both the House of Commons and House of Lord5 select Cornmittee's on Education. ln January It gave evidence to the House of Commons Edu tion Select Committee. This inquiry looked at the effectiveness of the careers advice given to students and reviewed how well the current Svslern for careers eilucation, information. advitt and guidante is workin& The charl￿$ CEO Nick Chambers referenced its research into careers and employment engagement 5pannin8 the last 14 years and includin8 over70 re which 5h¢)wed that employer en8a8ement in eduotion helps to.. Broadèn young people's horizons Raise youn8 people's aspirations Challenge gendtr and ethnic 5ttreotypes Increase motNation which leads to improved attainment Improve social mobility Reduce the likelihood of young people becornin8 NEETlnot in education. employment of training) Increase the amountyoun8 people earn in ￿￿1t life Help youn8 people make better4nformed Career thoice5 Reduce the mismatch between young people's careeraspirations and the reality ofthe labour mark. 12

Education And Employers Taskforce Trustee< report Icontinuedl For the year ended 31 Marth 2023 ACHIEVEMENTS AND PERFORMANCE leontinuedl Edutatlon Selert Cornmlttees Icontinuedl In May the Charitygave evidence to the Houseol Lord5 Selert Comffrfttee rnquiry on'E cation for 11 to I Year Olds.. The Cornmittee examined education with reference to the skills necessary for the digital and green economy and the session focused on sthool/empl¢)yer engagement. carttts advite and guidante and work experience. The Chariws CEO outlined its research which found that traditional work experfence and career- related learnin8 helped improve young people'5 motivation. attainment and confidenee.. helped with HE admissions. 8ettin8 a job and clarifying career thoiw.. antl ￿d￿Ced ihe likelihood ofihem becomin8 NEET- Not in Education Employrnent orTrainin8. He hi8hlighted the CharitW5 landmark re5earch-IYs who u meet.. em er contstts ai sthool make z drfference to the em ment ros ects of oun adults~ which forms part of the Governmenvs careers sirate8y antl Gatsby Benchmarks. It was based on a survey undertaken pro-bono for the tharity by VouGov whith asked young adults aged 19-24 about their turrent employment status and to reflert on their experienc& of the wodd of work whist they were at schty)l. The findin85 were striking: 26.1% of youn8 people who could recall no contact wfth employers whilst at 5th001 went on to become NEET. This ieduted SiBnificantly to 4.3% for those who hèd taken part in four or more activities involvin8 employers (career insi8hts. mentorin& work tasters, WO￿ experience etc.) education Some 5d￿lsand collE8e5 arranF fprthelrstuderts laged between. 14and 19lto tske partin artv4itiesThith emplwrs•rlor41 IwJshss Peop￿ p￿dI￿¥thIngS ￿&¢1*￿rke￿Ped¢￿¢e,J￿efitorln& twprtsectsMp￿It￿ns..caTetlS3t￿l￿cvor.hMe1YI•￿ practice. On '.rriarrydrflereiit ocuskns doyou rèmefftbersuthemp.loy•r In youredu¢atth?. "Sa"mple ￿le...986" "Frddwoth..'Eebruary201I."IGreot•ritsi!il 4 OT fflore 'WhIch of the (￿lOW1n4.8E$T a¥¥pl￿$t{b￿i? Wet8hterf.14unth'r" NEEYS. z&ix "16.6X N￿44E .9YG. '76.'6% 83.4% 84.4% 95."7% 35U". 145 Bulletin and Llbrary The Charity produces an intemational free monthty research digest whith ttjmblnes the latest research. reports and publications worldwde to 5UPPOrt polity makers and researthers interested in employer en8a8ement in education. It cort￿1￿$ detsils of forthcoming Confe￿nceS and events. calls for evidence. tender5. artides and blogs on careers. skills. job5 and education. The more notable ￿pOrtS are included in the charivs online library which provides a comprthtnsrve repository of the differenr and effettive approaches to employer enga8ement and careers education. It bring5 tQ8ether the latèst thinking with selected research published over the past 40 year5. Free to a￿?5$ and 5ear¢hable by keyword. it features surnmaries of a wide range of studies with abstracts and links to the full reports. ￿er the last d￿ade the library has become a valuable asset for rÈ5earchers. acadeffll￿ and poliry Makers. With re5earth artides and reporti from leading fi8ures and education bodies, wsitors can examine issues such as employer-led learnin& youth ernploymenL areer-related leamin8 in primary sthools. and 50cial mobility, a5 well as information on gender. Èthnicity. and specific subjett study such as STEM. 13

Education And Employers Taskforce Trustees. report Icontinued} For the year endéd 31 Marck 2023 ACHIEVEMENTS AND PERFORMANCE Icontinuedl Bulletln and Llbrary Icontinuedl Internotloftol Our programmes and research continue to attrart intemational interest. We have a number of partnerships rn pla￿, the most notable being with New Zealand where we are worknn8 With the Tertiary Education CommissionlTe Amoran8i Matauran8a Matua whith is responsible for all careers provision in the country. We are also workin8 With partners tn Australia, Swe<len, U8anda and 6rit¥sh color￿)Ia, Canada whose Ministry of Education and Childcare have commissioned the charity to develop a pro8ramme for puplls in Grad￿ K-8 laÉes 4-14 years) wilh the aim of Exposing K-8 students to different career options Broadening their horizofi of possibilities Creating links between learnin8 and tareer dthTelopment Bringing learning to lif*. Thank you The Trnstees are 8rateful to the support 8iven to the CharSty by many indNidvals and or8anisations. We would like to take this opportunity tothank the thousands of volunteers. organisations and parts)erships without whom our work would not be possible and to all the sthools and ttathers who work so hard to inspire the next 8eneration. Education and Employers works with and through partners and special thanks should go to Bank of America. AKO Founllati￿. National Association of Head Teachers, Health Education En8land, Department for Education. Tu￿ Charitable Trust. The Dulverton Trust Department forTransport. Freshfields and Ordnance SuNey amongst many othe15. FINANCIAL REVIEW The total income of Education and Employers was £1.267.76812022.. £L249.7381 arrfl a defiot of £60.033 12022.. £116.9121 for the year ended 31 March 2023. Funding and goin8 concern The income of the Charity has been supported in the year by the continued artivtty of a major suppty contract for the Department for Education. Inspiring Governan￿. Under this contract the Charity has used the technolo8y developed undeT the Inspirin8 the Future programme to match volunteer school governors with suitable vacancies. This is a major undertaking for the Charity which has involved considerable development of our technology platfom and recrnitment of regional stsff in areas wbere stho(A g¢)vemgrs have been difficult to recruit. The Charity makes forecasts of future fundin8 b35ed on dtlfferent outcomes to fuTrdin8 blds and dependani on whether significant contracts are renewed when they come to their contract ren￿al date. In respert of the Inspiring Governance contrart that cornes to ?n end in September 2024 the tharity has made forecasts for both a continuation of fundin8 and without any continuation of tht5 fvndins. In both cases the forecAst Indicates that the Charity has suffioent acwrnulated ￿SeNe5 to continue with its core activities throughout 2024 albeit after makin8 sults￿e adju5tsnents to its operating c05t base. The Charity has always soueht to broaden its income source5 to tnclude grants from charitable Trusts and foundations. develop corporate partnerships. and relationships with prospertive major donor5. The a)arity Is positioning itself as a specialist parther to potential partners for projetts and contracts offerin8 our èXPErt15e to add ¥￿ve. 14

Education And Employers Taskforce Trusteeg report Icontinuedl For the year ended 31 March 2023 FINANCIAL IIEVIEW Itoritinutdl Reserves policy The total reserves held by the Charity at the year*nd were £388,188. This is made up of £276,909 Testrirted, £19.246 designated and £92,033 gtneral uniestricted reserves. The value of the restricted, unrestrirted and designated re5erve5 is monitored by the Charity and rtwiewed annually when the statutory accounts are presented for approval. The Tnjstees c0rn5iderthat the Charity Should retain reseNe$ 5uffitient to three months basit runnin8 costs. This equates to £250.Im and at the year end this tsrget had been met. This is on the basis of the totsl restritted and unrestricted funds held at the balznce Sheet date. as the majority of tharitable expenditure Is thin restricted funds. Principal risks and uncertainties Management and the Board ofTrustees Continuous￿ monitor the major risks to whith the Charity 1$ Subject. namely continuation of its fvndin8 antl its reputation. Funding. Fvndin8 is regularfy and closety rewtwtd by theTrustets. wtth thè stratebry to maintain medium term fundin8. The Charity remains small. low cost and flexible and. in the event of a sudden 1055 of fundin& an orderty close-down could be afferted. Having reviewed the strategic risks facing the Charity as well as the cash flow forecast models for¥arious scenarios. the Trustees consider that there are sufficient reserves held at 31 March 2023 to mana8e those risks and achieve their business plan. Rep￿atIOn. The Chartty has taken centre stsge in the area of educ￿(￿) and employer en8a8ement.' management and Trustees recognist that the fvture of the Charity depends on maintaining thts position. To this end. all pro8rammes and events that the Charity runs are professsonally mana8ed. and all research work the Charity spon50r5 is carried out and reviewed in a thorou8h, professional and independent manner. STATEMENT OF TRUSTEES. RESPONS181UTIES The Trustees, who are a150 the dirertor5 of Education and Empl¢)yers TaskForte for the purpose of company law. are responsible fgr Prepari￿ theTru5tees' Report and the finantial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kngdom Generally AC￿pted Accountong Practi¢el. Company Law requires the Trustees to prepare finanoal Statements for eath finanoal year whith give a true and fair view of the state of affairs of the Charity. and of the income and expenditure of the charitable company for that year. In preparin8 these financial ststements. theTru5tees are required to.. Select suitable accounting policies and then appty them con5iStendy.' observe the methods and principle5 in the Charities SORP.. make judgements and estimates that are reastsnable and prudent- and prepare the financial ststements on the I￿ng concern basts unless It 15 inappropriate to presume tltat the Charity will continue in operation. The Trustees are responsible for keepin8 adequate accountin8 records that disdose with reasonable accuracy at any time the financial posr(ion ol the Charity and enable them to ensure that the financial statements tompty with the Companies Act 2CO6. They are also responsible for safeguardin8 the assets of the Charity and hert￿ for ￿kIng reasonable steps for the prevention and detection of fraud and other irre8ularitiè5. 15

Education And Employers Taskforce Trustee< report Icontinved) For the year ended 31 Marth 2023 DISCLOSURE OF INFORWITION TO AUDITOR Each of the Trustees has confirmed that there is no infomation of whith they are aware whlch is relevant to the audit. but ofwhich the auditor is unaware. They have fvrther confirmed that they h3ve tsken appropriate steps to identify suth relevant irtformatitsn and to establish that the audltor is aware of such Information. The Trustees. report was approved by the Board of Tnjstees and ￿gned on their behalf by: Dated: 21 De￿rnber 2023 16

Buzzacott Independent auditorfs report to the trustees of Education and Employers Taskforce For the year ended 31 Marth 2023 Oplnlon We have audited the finanual statements of Education and Employers Taskforce Ithe'tharitsble ¢ompan¢l for the year ended 31 Marth 2023 which comprise the statement of finandal activitie5. the balance sheet, and statementof eash flows. the principal accounting poliatsand the nott5to thefinantial ststements.The financial reportin8framework that ha5 been appliefl in their preparation is applicable law and United Kingdom Accounting Standards. including Nnancial Reportin8 Stsndard 102 7he Finanoal Reporrirgstandardapplicable inthe UKand Republicof Ireland, (United ￿n&(lOM GeneraItyAC￿pted Accounting Practlcel. In our opinion, the finantial statements= • give a true and fair view of the stste of the charitable companvs affairs as at 31 Mafch 2023 of its income and expenditure forthe yearthenended,. • have been properly prepared in accordan￿ with United Klngdom Generalfy Atttpted A¢countinE Praetice,. and • have been prepared in accordance with the reqvirèments of the Companies Act 2006. Basis for oplnTron We conducted our audit in accordance with Intemational Standards on Auditing IUKI IISAS IUKII and applitable law. ¢)Jr responslbilities under those standards are further described in the auditorfs responsibilities for the audit of the financial statements section of our report. We are independent of the tharitable company in accordance with the ethical requirements that are relevant to our audit of the finandal ststements in the UL indudin8 the FRCS Ethical Stsndard, and we have fulfilled our other ethical re5ponsibilitses in accordance with these requirements. We beltseve that the audit evidence we have obtained is suffioent and appropriate to provide a basis for our opinion. Conduslons relatin8 to Eoln8 ¢oncern In auditing the finanual statements, we have tonduded that the trustees. use of the going concern basis of accounting in the preparation tsl the financial statements is appropriate. Based on the work we have performed. we have not identified any material uncertainties relatin8 to events or conditions thaL ind￿ldUal￿ or collectively may cast $18nificant doubt on the charitable companws ability to continue as a gtyng concern for a perie4J of at least twelve months from whèn the financial statements are authtirised for issue. Our responsibilitie5 and the ￿SPOnSIbl11t]eS of the trLFStee5 Vrith rtspect to going concem are describa in the relevant sections of this report. Other infomiatlon The other information comprlse5 the infomiatyon induded in thè annual repcrt other than the financial statements and our auditorfs report thereon. The twstees are re5pon5ible for the other information contained wSthin the annual report. Our opinlon on the financial statements does not cover the other information and. except to the exteNt otherwise explicit￿ stated In our repor¢ we do not express any fom) of assurance conclusion thereon. 17

Buzzacott Independent auditorfs report to the trustees of Educatlon and Employers Taskforce For the year ended 31 Marth 2023 Our responslbility is to read the other Informati￿ and. in doin8 so. consider whether the other inftymation is materialty inconsistent wth the financial statements or our knowledge obtained in the course of the auéit or otherwise appears to be materialty misstated. If we identify such rnaterial incon51Stencie5 gr apparent material misstaternents. we are required to determinewhether thi$ 8ives rise to a material mi5Statement in the financial ststements themselves. If. based on the work we hzvt performed. we contlude that there Is a material misstatementof this other information. we are required to rportthat latt. We have nothing to report in this re8ard. Opinions on other matters wesuthd by thè CornpaniesAct 2( In our opinion, based on the work undertaken in the coyr5e ofthe audit * the information given in the trusttts. report. which is also the ijirettorf ￿port for the purposes of cornpany law. for the finanoal year for whith the ffinantial statements are prepa￿d is consistent with the finantial sratements- and • the trustees, report. whith 1$ 41$0 Ihe directors. report for the purposes ol eorN)ary law, has been prepared in accordance with applicable le8al requirements. Matters on whlch we are requlred to report byexceptlon In the light of the knowledge and understandin8 of the charitsble company and its environment obtained in the ourse of the audit. we have not identified material missta¢ements in the trustee5' report. We have nothin8 to report in respect of the following matters in relation to which the Companies Acl requires us to report to you if, in our ¢)pinion: adequate acwunting records have not been kepL or retums adequate for our audit have not been received from branthes not￿Sited by us.. or • the financial ststements are not in a8reement with the attountin8 record5 and returns: or ertaln disclosure5 of trustees. refnunerion specified by law a￿ not made: or we have noi received all the infom)atlon and explanationswe require for our audit,. or • the trustees were not entitled to prepare the finan¢ial statements in accordance with the small companies regime and take advantsge of the small c¢)mpanies' exemptions in preparin8 the trustees. report and from the requirement to prepare a 5trate8ic reporL 18

Buzzacott Independent auditorfs report to the trustees of Education and Employers Taskforce For the year ended 31 March 2023 ResponsIb￿leS ol trwlees As explained more fulw in the trustees. respon&bilities staternenL the trustees Iwho are also the directors of the charitable comwy for the purposes of tompany lawl are responsible for the preparation of the finanoal statements and for bein8satisfied thatthey8Ne a truèandfairview, antl forsuth internal control asthetrustee5 detemine 15 necessary to enable the preparation of financial statements that are free from material misstatemenL whether due to fraud or error. In P￿paring the finanoal statements. the trustee5are respoftsible for a￿eSSing the tharitable companws ability to continue as a 80in8 concern, disdosin& as applicable, matters ￿lated to going concern and using the 4oing concern basis of accounting unless the trustees either intend to liquidate the tharitsble company or to ￿aSe operadons, or have no realisticatemative but to do so. Awdiiorfs responslbllitles ftw the a￿dIt of thèfmand•l statements Our objerti¥es are to obtain reasonable a￿Uran￿ about whether the financial Statements as a whole are free from material misstatement, whether due to fraud or error. and to 155ue an auditorfs report that indudes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit eonducted in accordance with ISA5 IUKI will always detert a material fflis5tatement when it exists. Mlsstatements can arise from fraud or errw and are conSide￿d material if. individually or in the agtre8ate, they could reasfyiably be expected to influence the economic decision5 of user5 taken on the basis of these financial statements. Irregularities. including fraud. are instances of non-tompliancewth law5 and regulations. Wedesi8n procedures In line with our responsibilities. outlined above, to detett material misstatements in respect ol irre8ularities. including Iraud. The extent to which our procedures are capable of detectin8 irre6ularities. intluding fraud is detailed below: Ourapproath toidentifyingand assessin8the risks of material mtsstatement in respect of irre8ularitles. indudin8 fraud and non-compliance wth laws and regulations, was as follow5= the engagement partner ensured that the en8agement team collectrvdy had the apwopriate competence. capabilities and skills to Identify or recognize non-compliance with applicable laws and regulations.. we identified the laws and regulations applicable t¢ the tharrty through discussrons with mana8emenL and from our knO￿ed￿e and experlence of the 5ertor: we focused on speofic law5 and regulatiws which we considered may ha¥e a dlrert mattrial effèrt on the finanoal statements or the operations of the Charity. indudin8 the Charities Act 2011. Companie5 Art 2LX16, data protection legislation. anti-bribery. Safeguardi￿ employment health and safety le&￿ation,. we assessed ihe extent of compliance with the laws and regulations identified above throu8h makin8 enquiries of management and inspectyng le8al ￿rreSponden￿- and identified laws and regulations were communicated wtthin the audit team regularty and the team remained alert to in5tsnces of n0ThTrcom￿lance throu8houtthe audit. 19

Buzzacott Independent auditorfs report to the trustees of Education and Employers Taskforce For the year ended 31 March 2023 We assessed the sus￿Ptibl1lty of the Chartrfs finanaal statements to material misstatement. induding obtaining an understsndin8 of how fraud might occur. by: makin8 enqLtiri•s of rnanagemtntas to where they considered there was a susceptibility to fraud, their knowled8e of actual. wspected and alleged fraud; and considering the internal tontrols in place to miti8ate risks Of fra(Kl and non-compliance wlth laws and re8ulations. To address the risk offraud through management bias and trltrride of controls. we: • performed anal￿1¢41 procedure5 to identify any unusual or unexpected relationship5.' tested journal entrie5 to identify unusual transaction5.' and assessed whetherjud8ernents 3nd assumptions made in determinin8the accountin8 estimates set out in the accountin8 polioes were indicative of potential bia5. In response to the risk of irre8ularitles arrfj nOn￿mplIanCe with kws and re8uLitions, we desi8ned Pro￿dureS which included, but not limited to: agreeing finantial statement disclosuresto underfwng SUPPDrting documntation,' + revfjewing the minutes of Trustees, ffleetings." enquirin8 of mana8ement as to attual ard potenttal liti8ation and daims. There are inherent lirnitations in our audit procedures described above. The more removed that laws and re8ulation5 are from financial transactions. the less Itkely it is that we would become aware of non-tompliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws antl ￿8￿LationS to enquiry of the trustees and other mana8ement and the Inspect￿ of regulatory and legal correspondence, if any. Material mi5Statements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. A further description of our responsibilsties 15 avalable on the Finanaal Reporting Countil's website at www.frco udi or5re5 s. This description forrn5 part of our auditorfs repo 20

Buzzacott Independent auditorfs report to the trustees of Education and Employers Taskforce For the year ended 31 Marth 2023 Use otour report This report is made solety to the tharits￿e cOmpan￿$Trt￿ttes. as a body. in ￿(ordance with Chapter 3 of Part 16 01 the Companies Art 2C06. Ovr ￿dit work has been Undertaken so that we might state to the charitable company's members those matters we are required to state to them in an audito￿5 report and for no other purpose. To the fullestextent per￿￿tte￿ by law. we do not ?￿pt or a55ume re5ponsibilityto anyone otherthan the charitable company and the tharitable cornpany's Trustees as a body. for our audit worl for this report, or for the opinions we have fomed. Date.. 28 December 2023 Katharine Patel (Senior Statutory Atsditorl For and on behalf of Buzzacott LLP. Statutory Auditor 130 Wood Street London EC2V 60L 21

Education And Employers Taskforce Statement of flnanclal actlvfties for the year ended 31 March 2023 Unrestr1¢￿1 Restrlrted 31 March 31 Mar¢h 2022 fvnds fvnd5 2023 Income from: Doftations and lègaeies Charitable actNlties 632 25.CQS 1.224,580. 153 145J76 5578 151,954 1,261.558 5.5n 1.267,768 Investments Totsl InMe 1,249,738 endltwe o arltable fvltles Research Inspiring the future icould 8367 1253A49 8J67 1.279JJ16 40A 1,327AOI 25.838 1,292.338 48,474. 1.366,6SO 25.167 O/d18 65W5 Total expendhure 1262216 Net Income/{expenditurel lor the year 86369 IU6AO2) 160,033) 1116,9121 Tran5Eer between lunds 183671 86369 8367 1146A02) Net movemerts In fvnds 160.0331 1116.9121 Recon¢lll•tlon of funds: Total funds at l April 2022 Total funds at 31 March 2023 33277 414,944 448.221 565,133 111279 276.909 388,188 448.221 The statement Of finanaal artivities I￿udeS all gains and losses reco8ni5ed In the year. All of the Tru5Y5 activities derived from continuin8 Operations durin8 the above financial periods. The notes on pages 25 to 34 fomi part of these finanoal statements. 22

Education And Employers Taskforce- Reglstered number: 06886359 Balance sheet 31 March 2013 2023 2022 2022 Rxéd a55ets: Tan￿ble assets 1750 127 Curreffl assels Debtors 149.902 So7￿14 657.716 52.548 673,064 725.612 Cash at bank and in hand Credltors: Amountslallln¢ due ¥Athln one ￿ar 14 {272278) 1277.5181 Net current assets 385A38 448,094 Totsi assets less curTeDt Ilabllltles 3￿18# 448.221 Intoffie funds Restricted funds 17 276.909 414,944 Unre5trktÈd funds Designated funds General unrestricted funds 19 19246 92J133 19.246 14,031 111279 33,277 Total lunds 388.188 448.221 The Trustees acknowledge their responsibilitie5 for complying the requirements of the Companies Act 2W6 with re5pertto attounting records and the prtparation of financial thtements. The ftnancial statements have been prepared In accordance with the provisions applicable to companies subject to the small companie5 ￿Sime and in acwrdano with the provisions of FRS102 Sertlon IA-small entities. The financial statements were approved by the Trustee5 and swed on their behalf by: Date.. 21 December 2023 The note5 on page5 25 to 34 f(￿ffl part of these financial statements. 23

Education And Employers Taskforce Statement of cash flows For the year ended 31 March 2023 2023 2022 2022 Cash flow5 from <)peratlng artlvltles Cash (used inllfunded by operations 1166.787) 39.583 Invest¥￿ activities Purchase Df tangible fixed assets Interest received 14A)41} 5578 153 Net ca5th fvnded by Inve￿Ing a¢tl¥ltl 37 153 Net Ideueaselllncrea5e kn cash and cash equovalents 11652501 39,736 Cash and cash equivalènts at l April 2022 673064 633.328 Cash and (ash egui¥alents at 31 Marth 2023 So7￿14 673,064 24

Educatlon And Employers Tasldorce Nthes to the financial ststements For the year ended 31 March 2023 General Informatlon Education And Employers Taskforce 15 a private company limited by guarantee and 15 incorpornted in England and Wales. The registered offKe is Quantum House. Red Lion Court. London. EC4A 3EB. England. In the event of the charity bel￿ wound up. the Ilabilty in respect of the guarantee ts Ilmlted to £1 per votIDg member of the tharity- Thè Charity's objertives and aims are dixlosed in theTru5tees' and Dirertors, Repiyt. Act￿ntIng Pollde5 8a515 of preparaolon ol finanthl statements These finanoal statements have been prepared in accordan￿ with FRS 102 The Financial Reportiri8 Stsndard applicable in the UK and Republic of I￿lafid-. the requirements of the Companies Art 2CK16 and under the historical eosi eonvention. The finantial statements have also been prepared in accordance with the accounting pdicies set out in more detail below, to compty with the tharttfs 8oveminB d4xument, the Charities Art 2011 and Accouniing and Reporting by Charities.. Statement ol Recommended Prattice applicable to tharities preparin8 their accounts in accordance with The Financial Aeporting Standard applicable in the UK and Aepublit of I￿land. The O)arityccth)stitutes a public benèffit entity as defined by FRSIO2. The finantial staternents are prepared in sterlSn& whith is the funtttonal Cufrency of the tharfty- Monètary amounts in these finantsal statements È rounded to the nearest £. 22 Goin$ Concern The Trustees have prepared the accounts on a going toneem bass. It is the Trustees, opinion that the Taskforce has sufficient income by way of 8rants antl donations. from a variety gf entitie5 which secures their funding for at least the next twelve months from the dats of approval of the finandal statements I'the forecast per¢od"l. In making that assessment consideration has been given to the antitipated renewal of tontract5 due to e¥pire within the forecast period We￿ probable. with plans in plate to mitigate againstthe loss of income should thatbethe case. Thisincjudes thecurrent In5pirin8Governance contrartthat comes to an end in September 2024. The Charityhas made forecasts for both a tontinuation of funding and without any cofitinuation of this funding. In both cases the forecast indicate5 that the Charity has sufficient zcojmulated reserves to tontinue with its core artivities throughout 2024 albeit after rnakin8 suitable adjustments to its operatin8 Cost base. The Trustees hwe reviewed the cash flow projerts for the forecast period and the tharity has suffioent cash at bank to meet its liabilities as they fall due. The Trustee5 znd mana8¢rnent continue to work to secure medium. and lon8er-term funding, where appropriate in partnership with others. but ah¥ays retaining the guidin8 principles of independence and that service5 are free. The Trustees believe that the tharity has Sufficient funds to eonttnue its activities for at least lJ¥elve months from the date of signing the finanoal ststements and that there are no material uncertainties irnpaetin8 on that assessmenL 2.3 Charllable funds Unrestricted funds are￿alIable for use at thed1s￿tIOrt of theTrustees in fvrtherance of theircharitable oblectives unless the funds have been de￿gnated for other purposes. Restricted fvnds are subjerted to restrictions on their •xpenditur impose(I by the donor or throu8h the terms of a wwk strand. 25

Education And Employers Taskforce Notes to the flnanclal statements (continuedl For the year ended 31 March 2023 Income Grant incornt rtttived from the Department fty Education. Education and Skills Fundine Agency and other organisation is recognised usin8 the accruals model and Sp￿a￿ over the kn8th of the contracL Donations and Le8acies. which include 8rants from non*overnmental or8anisations (NGOS) a reco8ni5ed when the tharity is entided to it after any performano ¢onditions ha¥e been meL the amounts can be measured reliably. and tr is probablè that intome will be tsteived. Investrnent in￿rne is recognised on a receivable basis. net of management fee5. Interest on funds hÈld on deposit 15 induded when re￿1¥able and thè amount tan be measured reliably by the charity.. this is norrnal￿ upon notification of the interest paid or payable by the bank. Expendtture Expenditure is reco8nised on an accruals bas6 asa liability is Incurred. Charltable expènditure comprises those tosts intyrred by the charity Sn the delNery of its activities and seThices for ils beneficiaries. It intludes both Costs that tan be allocated directly to such ètttvities and those Costs ol an indirert nature necess¥y to support them. Governance cgsts include th05e costs 3$50ciated wth the general running of the charity and include the operations of the Board and addressing¢onstitulional. audit and other statutory requifements. All costs are allocated be￿een the expenditure categories of the Statement of Financial Attivities on basis designed to reflect the use of the resource. Costs relatin8to a particular attivity a￿ allotated dirertly,. others are apportioned on an appropriate basis. 2.6 Tra(lemarks Internally generated traderna￿s and Iceos are treated as an expense and written off tothe Statement of Finantial Activities in the year that the expendittsre is incurred. 17 Allotatknn of support costs The costs of funrtions. which 5UPWt more than one of the charivs actfvlties. have been allocated to those activities based on time spent in furthernnce on thÈ tharitys objertives. Tanglble •d inianoble fixed assets Tangible fixed assets art initially measured attt>stand subsequently measuredatCOSt. netof depretsation and any impairment losse Depreciatlon is recogni5ed 50 as to write off the cost of assets less thèir residual values over thelr usefvl lives on the following ba5es.' Furniture. fittings and equipment 20% & 33% stfaight line 11 is the tharity'5 policy not to capitalise items c05ting Iw than £l,CKKI. All trademarks. 10805 and intellectual property are written off in the year incurred. Impairnieni of fixed assets At eath reportin8 end date, the charity reviews thetaff￿n8 amount5 of its tangiblt and Intan￿ble assets lo deterrnine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists. thè recoverable amount of the asset Is estimated In order to determine the extent olthe impairment loss lif anyl. 26

Education And Employers Taskforce Notes to the financial ststements (continued) For the year ended 31 March 2023 2.10 Cash and ¢•h equlvalents Cash and cash equivalents indude cash in hand and deposits held at call with banks. Ill FInancI￿ Instruments The charitable eompany applies the provi&ons of Section 11 'Baslc ￿nantial Instruments. of FRS 102 to all tsf its finantial instruments. Finanaal instruments ale recognised in the tharity's balance sheet when the charity becomes party to the contrartual provisions of the instrument. Financial assets artd liabilitits art offse¢ with the net amounts presented in the financlal Statements, when there is a legally enforceable right to set oft the reco8nised amounts and there is an ijtention to settle on a net bas￿ or to ￿aliSe the asset and settle the liability sirThJltaneously. 2.12 FID•nclal Inslrufflents Basie financial assets, which indude debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subwuently carried at amortised cost U5in8 the effective interest method unless the arrangement constitutes a financing transaction. where the transauion Is measured at the presentvalueof the future receipts discounted ata market rate of interest. Financial assets dassified as receivable within one year are not amorti5eil. 2.13 Bas1¢ finandal Ilabmltles 8asic financial liabilities, indudin8 trade and other creditors are inff¢ialty reco8nised at transart11￿ price unless the arrangement constitutes a finanong transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Finantial liabilities tla55ified as payablt ￿thin one year are not amortistd. .2.14 Taxatlon The Tasklorce is a re8iStered charitable company and as suth its income and gains falling within sections 466 to 493 of the Corporètion Tax Art 2010 or Section 256 of the Taxation of (hargeable Gains Art 1992 are exempt from corporation tax to tht extent that they are applied to its tharitable objertNe5. 2.15 Employe¢ ￿nefits The costs of short-term Èmployee benefits are recognised as a liability and an experLse, unle5$ these costs are reqUI￿d to be reco8nised as part of the cost of stock orffixed assets. The cost of any used holiday entitlement is recognised in the pwiod In whith the employee's Servi￿ are received WIthe￿ deemed material by theTrustees. 2.16 Penslon The charity operates a defined coninTrJution stheme, and the pension tharge represents the amounts payable by the tharity to the fund in ￿sPe￿ of the year. The c95ts of the defined contributions are charged to èath aCt￿lty based on the methodolo8y in note 16. 2.17 Optratlng lease Rentals paid under operatin8 lea5e5 are tharged to the Ststement of Finanaal Artivities as incurred over the term of the lease. 27

Education And Employers Taskforce Notes to the financial ststements (contlnued) For the year endèd 31 Marth 2023 Crltkal accountingestknates and iud8effjents In the application of the Charitys accountin8 polioes, the Trustees are required to make judgements, e5timate5 and a55umption5 about the carryin8 arnount of assets and liabilities that are not reèdily apparent from othèr sourtes. The estimates and assooated assumptions are based on histgrical experien￿ and ¢)ther fartors that a￿ considered to be releyant. Actual results may differ from these estimates. The estimates and undertwn8 assumptions are reviewed on an ongoing basb5. Revisions to accountin8 estimates are reco6nised in the perlod in which the estimate is revised where the revtsion affetts onty that period, or in the period of the re¥ision and fvture periods where the revision afferts both current nd future periods. Glfts In klnd Gifts in kind are measuretl at their falrvalue. Calojlation of the fair value of each gift in kind reeeNed by the tharity involves a dtÈree of judgement to be made, which includes looking atthe market value of thè gift in kind at the date of recwpL and what would be expetted to be paid at an arm's lenBth tran5artion. This calculation ha5 no net impart on the result forthe year. Donations & leKac•e5 Unrestrirted funds Unre5trieted funds Restricted fund5 2022 funds Donations 132 132 25.005 25,¢XJS 25.005 25.005 CharilalAe artrdiliès Unrestritted funds Restricted funds Unrestricted funds Restricted funds 2022 116.126 1,115.682 i231￿9 1.166,096 6.401 L166,096 6,401 S2,083 1,224,580 Researth icould 29.750 145.876 29.750 1261.558 52.083 52.083 1.115,682 1.172,497 awrhable tradln8 Income Government grants Irom the Departmentfor Education. Department of Education Sports and Culture and CEC Careers Enierpri5e Company amounting to £445.508 were re￿IVed durin8 the year ended 31 March 2022. in respert of the'lnspirin8 the Fu¢ure' IrrFI ProjecL 2023 2022 Interest retei¥abl¢ 5.578 5.578 IS3 153 28

Education And Employers Taskforce Notes to the financial ststements (continued) Forthe year ended 31 Mar¢h 2023 Charltsble actlvilles Research rh the Icould T¢tal 2023 Totsl 2022 staff tosts Othef direct Costs Dtpretiation 3.417 4,950 546.929 152.752 1.417 701,098 550346 198,120 IA17 749A83 485.110 339,646 1.282 826,038 40.418 &367 40.418 Share of 5UPPtsrt costs Isee note 81 Share of governance costs15ee note 81 554,168 554.168 528.112 23.750 23.750 12,X 8.367 1.279.016 40.418 I?27￿01 1,366.650 Analws bylund: For the yeai el￿¢d ai Mar¢h 2023 Unrestrirted funds Re5trieted funds 25,167 1,253,849 I.2￿,016 40.418 65385 1262.216 lJ27WI 8,367 8,367 40.418 For the year ended 31 March 2022 Unrestrieted funds Restricted funds 414 25.424 25.838 13.370 1,278,968 1.292.338 48.474 62,258 L304.392 L366.650 48,474 The allotaiion of stsff costs is based on time spent on each activity. Support costs &Jpport Govemante tosts Total 2023 Total 2022 Staff costs Othertosts 370.389 183,779 554,168 370J89 183.779 554.168 18.750 378,808 149.304 528,112 10.000 2.500 540,612 . Autlit fees Le8al and professional 18,750 554.168 23.750 577,918 Support and Eovemance costs are allocated in proportiryi to the dirert tosts incurred in respect of each artivity. 29

Educatlon And Employers Taskforce Notes to the financial statements (continued) For the year ènded 31 Marth 2023 Net rno¥ement In fvnd5 2Q23 2022 Net mownenl In tundsls sl•ted th¢r chargkni Fees payable to the charivs auditor. Oepretiation on tangible fixed assèts Operatin8 lease thar8es 12AX)O 1.417 32,147 io.otsj 1.282 25,073 io Trustees None of iheTrusteeslor anyper50nsconnetted with them) rrfewed any remuneration orreimbursement of expenses from the tharity during the year12022= nontl. li Employees Number of empl¢)ye*s The average monthly nufflber ernpl(ryee5 during the year was: 2023 Numbèr 2022 Number RÈsearth Inspiring the future Other support staff 19 19 25 25 Employment COSts 2023 2022 Wages and salaries Social security costs Other pension costs 799348 779.580 76.376 42,339 898,295 33,275 917.595 The charlty offers all employees a season ticket loan whi¢h i% repayable by employees within the year from the date the loan is issued. The number of employees whose annual rernuneration was E60.CrfXI or more were: 2023 Number 2022 Number In the band £60,¢XII- £70,C In the band É70.CQI~ £80.L In the band £80.WI-£90.C The tharity considers the Board of Trustees. the Tasklorte Director and the rrF senior management as their key management pefsonnel. The total employment benefits lincludin8 employer's national insurante contribution5 and employer pension contributions) of key management personnel was £270,39612022= £255.7081. 30

Education And Employers Taskforce Notes to the financial 5tstements (contlnued) For thè year ended 31 Marth 2023 Tanilble Assèts Furnlture. ffttlnpand eqUiPhÈnt At l April 2022 Additions At 31 March 2023 49,759 4,041 Depreclatlon At l April 2022 Charge for the year At 31 M3r£h 2023 49.631 1,417 51W8 Net book value At 31 March 2023 At 31 Marth 2022 2.752 127 Debtors 2023 2022 Amounts falling due withln one year. Trode debtors Prepayments & accrued incLNme 1ts.19D 31.712 149.902 .560 32.988 52,548 14 cre(Ilto￿ arnO￿ts falllnldue wlthln one ￿ar 2023 2022 Trade creditors Other taxation and Social security Othef creditor5 Accrvals and deferred income 12.654 79239 655 171.730 272278 15,751 74,371 6.260 181,135 277.517 31

Education And Employers Taskforce Notes to the Ilnanclal statements Icontinued) For the year ended 31 Marth 2023 O•ferred Incoffle 2023 2022 Deferred income at l April 2022 Income received ￿qUIring deferment ReleasÈ of incorne durin8 the year Deferred income at 31 March 2023 135.000 127.723 1135AI(rfJI 127,723 3.623 s,(K)o 13,6231 135,( As atthe balance sheet date the tharity was holding funds received in advance from the AKO Foundation in rtspett of funding recer¥ed to support cort operations for the coming year as well as speafic support from the Department of Education Northern Ireland for a project starting in the 2023-2024 year. Also included are amounts related to Inspirin8 the Future fundin8. 16 Retlrement benefft Khemes The charity operates a defined contribution pensi¢)n scheme for all qualifying empllryees. The assets of the 5theme are held separately from those of th• tharity in an indepertdently atlministered fvnd. The charge to Statement of Finanoal Artivitye5 in respert of defjned ¢ontributi¢)n scheme was £33,275 12022- £40,519). At the balance sheet date the tharity had totsl pension contributions Lmjtstanding totslling £3.31512022: £5.6701. 17 Restricted funds mo¥eM￿t In funds Balan¢e at l April 2022 Income EMW)dlture Tran4er Balance at 31 March 2023 Researth Inspirln8 the future 18367) 11253A49) 8367 414J 1.115I14 276,909 414344 1.11SJ14 12622161 276.909 Mmiement in funds Balance at l April 2021 IrKome Expenditure Transfer Balance at 31 Marth 2022 Research Insptrin8 the future 6.401 1.166.096 1,172.497 125.4241 11.278.968 11.304.392 19.023 527,816 527,816 414.944 414,944 19,023 Research fvnd: Ensurin8 the latest seminars and conference5 are made available to t￿￿>se who require it. InsplrlnE the future lund: In.%Plfing the future 15 3 free and tasyway forsthods. colleges and tlolunteers from the world of work to connert. 32

Education And Employers Taskfor Notes to the finanaal statements Icontinued) For the year ended 31 Marth 2023 General lunds m￿ment In lunds Expendllurè Tr•thr Balance at 31 March 2023 Aprll 2022 Gentral unrestritted 14J)31 14,031 1354 15L954 165y51 165,5851 18367 18J671 92.033 92,033 Movement in fvnds Balance at I April 2021 Income Expenditure Transfer Balance at 31 March 2022 General unrestricted 18,071 18.071 77.241 77,241 162.2581 162.2581 119,0231 119.0231 14.031 14.031 19 Designated funds The income funds of the tharity indude the fdltivrin8 des￿nated funds which have been set aside out of unrestricted lunds by the Trustees for specific purposes= Movement In funds Incorn* Exptndlture Balance l Awil 2022 Balance at 31 March 2023 Staff personal development fund 19246 19,246 19246 19,246 Movement in fund5 Income Expenditure Balante at l April 2021 Balance at 31 Marth 2022 Staff pefsonal dtvtlopment fund 19.246 19,246 19.246 19,246 The staff personal development fvnd is expette(I to be used within the next two years. 33

Educatlon And Ernployer5 Taskfor Notes to the financial statements (continued) For the year ended 31 Marth 2023 20 Analysis of nèt assets beTh¥e•n funds Unrestrfcted fut)d Restrirtèd lunds Total 2023 Fund balances ai 31 March 2023 are represented bw. Tangible assets Current assets 2.750 108,529 111.279 2,750 385A38 388.188 276.909 276,909 Unrestricted fund Restricted funds Total 2022 Fund balantes at 31 March 2022 are ￿preSented bv: Tangible assets Net Current assets 127 33.150 33.277 127 448,C84 448,221 414.944 414,944 21 Opefatffii lease Comrnltments Operating lease payments represent rental payables by the tharity for land and buildiw. Leases are ne8Otiated foi an average term of 4years. At the report1￿ date. the tharity h•J outstanding commr(ments forfuture minimum lease payments under non-wcellable operating leases. whith fall due as follows- 2013 2022 Within one year Be￿een one and fNe yea 26JX)O 52mO 4,356 4,356 Related party iransactlons The Charity reeeived income from the Bank of America durin8theyear totsllin8 £59.88912022.. £58.4791. Thère were no amounts outstanding at the current or pr¢￿tius year end. There were no furthertransatknons with rtlated parties to be disdosed under FRS 102. Cash 8enerated from (yeratlon5 2023 2022 Deficit for the year {fA)￿33) 1116.9121 Adlustrnents for. Interest receivable Depreciation ol tan8ible fmed assets 15,578} 1,417 (IS31 1,282 Movtments in workinescaptta IlncreasellDecrea5e in debtors IlntreasellDecrease in creditors Cash pro￿ded byl lused In) operatlng atllvltles 197,3541 15.2391 1166.787) 71.329 84.037 39.583 34