| Page | |||||
|---|---|---|---|---|---|
| Reference and administrative | details | ofthe company, | its Trustees and advisers | ||
| Trustees' report |
2-8 | ||||
| Independent | auditors' report |
on the | financial statements | 9- 13 | |
| Consolidated | statement of financial |
activities | 14 | ||
| Consolidated | balance sheet | 15 | |||
| Company balance sheet |
16-17 | ||||
| Consolidated | statement of cash flows |
18 | |||
| Notes to the | financial statements | 19-38 |
| Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|
| funds | Restricted funds | funds | funds | |||
| Note | 2023 6 |
2023 Z |
2023 6 |
2022f | ||
| Income from: | ||||||
| Chantable acuwbes |
1,149,142 | 25,000 | 1,174,142 | 1,742,230 | ||
| Investments | 1,163 | 1,163 | ||||
| Total Income | 1,150,305 | 25,000 | 1,175,305 | 1,742,230 | ||
| Expenditure on: |
||||||
| Chantable actiwties |
1,028,107 | 118,510 | 1,146,617 | 1,560,211 | ||
| Total expenditure | 1,028,107 | 118,510 | 1,146,617 | 1,560,211 | ||
| Net Income/(expenditure) | 122,198 | (93,510) | 28,688 | 182,019 | ||
| Transfers between |
funds | 16 | 21,543 | (21,543) | ||
| Net movement in |
funds | 143,741 | (115,053) | 28,688 | 182,019 | |
| Reconciliation of |
funds: | |||||
| Total funds brought | forward | 442,663 | 115,053 | 557,716 | 375,697 | |
| Net movement in funds |
143,741 | (115,053) | 28,688 | 182,019 | ||
| Total funds carried forward | 586,404 | 586,404 | 557,716 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Note | 6 | |||||
| Fixed assets | ||||||
| Intangible assets |
10 | 467,188 | 362,630 | |||
| Tangible assets | 1,821 | 5,754 | ||||
| 469,009 | 365,384 | |||||
| Current assets | ||||||
| Stocks | 13 | 6,971 | 5,583 | |||
| Debtors | 14 | 189,776 | 209,572 | |||
| Cash at bank and | in hand | 19 | 1,127,107 | 1,531,094 | ||
| 1,323,854 | 1,745,249 | |||||
| Creditors: amounts | falling due within one year | 15 | (1,206,459) | (1,556,917) | ||
| Net current assets | 117,395 | 189,332 | ||||
| Total net assets | 586,404 | 557,716 | ||||
| Charity funds | ||||||
| Restricted funds |
16 | 115,053 | ||||
| Unrestncted funds |
16 | 586,404 | 442,663 | |||
| Total funds | 586,404 | 557,716 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Note | 6 | |||||
| Fixed assets | ||||||
| Intangible assets |
10 | 467,188 | 362,530 | |||
| Tangible assets | 1,821 | 5,754 | ||||
| Investments | 12 | 100 | ||||
| 469,009 | 368,484 | |||||
| Current assets | ||||||
| Stocks | 13 | 6,971 | 101 | |||
| Debtors | 14 | 189,776 | 91,822 | |||
| Cash at bank and | in hand | 1,127,107 | 349,714 | |||
| 1,323,854 | 441,637 | |||||
| Creditors: amounts | falling due within one year | 15 | (1,206,459) | (252,405) | ||
| Net current assets | 117,395 | 189,232 | ||||
| Total net assets | 586,404 | 557,716 | ||||
| Charity funds | ||||||
| Restricted funds |
16 | 81,343 | 115,053 | |||
| Unrestncted funds |
16 | 505,061 | 442,683 | |||
| Total funds | 586,404 | 557,716 |
| 2023 6 |
2022f | |||||
|---|---|---|---|---|---|---|
| Cash flows from operating | activities | |||||
| Net cash | used in operating |
activities | (207,773) | 609,277 | ||
| Cash flows from investing | activities | |||||
| Proceeds | from the sale of intangible assets |
130,267 | ||||
| Purchase | of intangible assets |
(193,983) | (200,196) | |||
| Purchase | oftangible fixed assets |
(1,203) | ||||
| Net cash | used In investing |
activities | (193,983) | (71,112) | ||
| Cash flows from financing | activities | |||||
| Net cash | provided by financing activities |
|||||
| Change | in cash and cash | equivalents in |
the year | (401,756) | 538,165 | |
| Cash and | cash equivalents | at the beginning | ofthe year | 1,531,094 | 992,929 | |
| Cash and cash equivalents | at the end of | the year | 1,129,338 | 1,531,094 | ||
| The notes on pages 19to 38 form part ofthese financial | statements |
| Book Publishing | Book Publishing | Rights | 20% straight | line | |
|---|---|---|---|---|---|
| Traimng | Matenals | 10% —33% | straight | kne | |
| Website | 20% straight | kne |
| Unrestricted | Restricted | Total | ||||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | ||||||
| 2023 | 2023 | 2023 | ||||||
| 6 | E | f | ||||||
| ACE - Summer | Arts College | 25,000 | 25,000 | |||||
| EPA | 93,842 | 93,842 | ||||||
| Criminology | 9,517 | 9,517 | ||||||
| Social Policy | 25,876 | 25,876 | ||||||
| Management | 8 | Coaching | 56,240 | 56,240 | ||||
| Dissertation | (IRM) | 23,320 | 23,320 | |||||
| Support | 6,277 | 6,277 | ||||||
| Foundation | Degree - Cnminal | Justice | 12,397 | 12,397 | ||||
| YJEPC | 145,896 | 145,896 | ||||||
| Foundation | Degree - Youth Justice | 775,777 | 775,777 | |||||
| ITC Rainsbrook | ||||||||
| 1,149,142 | 25,000 | 1,174,142 | ||||||
| Unrestricted | Restricted | Total | ||||||
| funds | funds | funds | ||||||
| 2022f | 2022f | 2022 1 |
||||||
| ACE - Summer | Arts College | 275,000 | 275,000 | |||||
| EPA (UA) | 137,400 | 137,400 | ||||||
| Cnminology | (UA) | 3,565 | 3,565 | |||||
| Social Policy | (UA) | 4,051 | 4,051 | |||||
| Management | 6 | Coaching | (UA) | 61,159 | 61,159 | |||
| Dissertation | (IRM) (UA) | 12,613 | 12,613 | |||||
| Support | 15 | 15 | ||||||
| Foundauon | Degree - Cnminal | Justice (UA) | 7,839 | 7,839 | ||||
| YJEPC (UA) | 129,649 | 129,649 | ||||||
| Foundation | Degree - Youth Justice (UA) | 1,109,006 | 1,109,006 | |||||
| ITC Rainsbrook | (UA) | 1,933 | 1,933 | |||||
| 1,467,230 | 275,000 | 1,742,230 |
| Unrestricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | |||||
| 2023 | 2023 | 2022 | |||||
| 6 | E | f | |||||
| Bank interest | receivable | 1,163 | 1,163 | ||||
| 6. | Analysis | ofexpenditure | by activities |
| Activities | ||||||
|---|---|---|---|---|---|---|
| undertaken | Total | |||||
| directly | Supportcosts | funds | ||||
| 2023 | 2023 | 2023 | ||||
| 6 | 6 | f | ||||
| ACE - Summer | Arts College | 59,512 | 59,800 | 119,312 | ||
| FDCJ | 30,690 | 22,771 | 53,461 | |||
| Social Policy | 18,442 | 8,162 | 26,604 | |||
| Management | &Coaching | 49,211 | 12,416 | 61,627 | ||
| Dissertation | 7,393 | 7,816 | 15,209 | |||
| Youth Justice | Institute | 45,707 | 9,099 | 54,806 | ||
| YJEPC | 80,526 | 44,066 | 124,592 | |||
| Foundation | Degree | 317,391 | 280,289 | 597,680 | ||
| Other | 73,128 | 20,198 | 93,326 | |||
| 682,000 | 484,817 | 1,146,617 |
| Activities | ||||
|---|---|---|---|---|
| undertaken | Total | |||
| Chre cthy | Support costs | funds | ||
| 2022f | 2022f | 2022 f |
||
| ACE - Summer Arts College | 100,923 | 59,024 | 159,947 | |
| YJEPC (Unitas) | 9,784 | 3,479 | 13,263 | |
| Social Policy (Unites Academy) | 42,259 | 6,575 | 48,834 | |
| Management &Coaching |
(Unites Academy) | 57,807 | 15,590 | 73,397 |
| Dissertation (Umtas Academy) |
6,442 | 7,191 | 13,633 | |
| Youth Justice Institute | 110,671 | 8,221 | 118,892 | |
| ACE - Research | 34,221 | 34,063 | 68,284 | |
| YJEPC (Unites Academy) | 91,343 | 41,706 | 133,049 | |
| Foundation Degree (Unitas Academy) |
643,879 | 285,948 | 929,827 | |
| Other (Unites Academy) | 1,085 | 1,085 | ||
| 1,098,414 | 461,797 | 1,560,211 |
| Total | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2023 | 2022 | |||
| f | f | |||
| Staff costs | 279,737 | 289,997 | ||
| ~epreciation/amortisation | 19,027 | 4,817 | ||
| Other costs | ||||
| Office costs | 39,159 | 42,803 | ||
| Property rent |
26,690 | 34,157 | ||
| Interest payable | 508 | 307 | ||
| Sundry expenses | 8,096 | 10,410 | ||
| Allocation of impairment |
59,181 | |||
| Capital manager | resources | 34,163 | 4,123 | |
| Meetings and travel |
3,759 | 2,291 | ||
| Marketmg | 28,362 | 1,354 | ||
| Legal and professional | fees | 18,343 | 14,657 | |
| Bad debts | 6,773 | (2,100) | ||
| 464,617 | 451,797 |
| Group | Group | Company | Company | ||||
|---|---|---|---|---|---|---|---|
| 2023 6 |
2022 f |
2023 f |
2022f | ||||
| Wages and | salaries | 230,570 | 295,749 | 230,570 | 236,886 | ||
| Socml secunty costs | 26,089 | 29,04B | 26,089 | 29,048 | |||
| Contribution | to defined | contnbution | pension schemes | 23,078 | 24,063 | 23,078 | 24,063 |
| 279,737 | 348,860 | 279,737 | 289,997 |
| Group | Group |
|---|---|
| 2023 | 2022 |
| No. | No. |
| Group | Group |
|---|---|
| 2023 | 2022 |
| No. | No. |
| Book | ||||
|---|---|---|---|---|
| Publishing | Training | |||
| Rights | Materials | Webslte | Total | |
| Cost | ||||
| At 1 April 2022 | 11,410 | 924,071 | 42,363 | 977,844 |
| Additions | 190,553 | 5,305 | 195,858 | |
| At 31 March 2023 | 11,410 | 1,114,624 | 47,668 | 1,173,702 |
| Amortisation | ||||
| At 1 April 2022 | 11,410 | 603,804 | 615,214 | |
| Charge for the year | 76,251 | 15,049 | 91,300 | |
| At 31 March 2023 | 11,410 | 680,055 | 15,049 | 706,514 |
| Net book value | ||||
| At 31 March 2023 | 434,569 | 32,619 | 467,188 | |
| At 31March 2022 | 320,267 | 42,363 | 362,630 |
| Book | |||||
|---|---|---|---|---|---|
| Publishing | Training | ||||
| Rights | Materials | Webslte | Total | ||
| 6 | |||||
| Cost | |||||
| At 1 Apnl 2022 | 11,410 | 924,071 | 42,363 | 977,844 | |
| Additions | 190,553 | 5,305 | 195,858 | ||
| At 31 March 2023 | 11,410 | 1,114,624 | 47,668 | 1,173,702 | |
| Amortisation | |||||
| At 1 April 2022 | 11,410 | 603,804 | 615,214 | ||
| Charge for the year | 76,251 | 15,049 | 91,300 | ||
| At 31 March 2023 | 11,410 | 680,055 | 15,049 | 706,514 | |
| Net book value | |||||
| At 31 March 2023 | 434,569 | 32,619 | 467,188 | ||
| At 31March 2022 | 320,267 | 42,363 | 362,630 | ||
| 11. | Tangible fixed assets | ||||
| Group and Company | |||||
| Offic | |||||
| equipmentf | |||||
| Cost or valuation | |||||
| At 1 Apnl 2022 | 25,447 | ||||
| At 31 March 2023 | 25,447 |
| NOTES TO THE FINANCIAL STATEMENTS | ||||
|---|---|---|---|---|
| FOR THE YEAR ENDED 31 MARCH 2023 | ||||
| 11. | Tangible fixed assets | (continued) | ||
| Group and Company | (continued) | |||
| Office | ||||
| equipment | ||||
| Depreciation | ||||
| At 1 Apcl 2022 | 19,693 | |||
| Charge for the year | 3,933 | |||
| At 31 March 2023 | 23,626 | |||
| Net book value | ||||
| At 31 March 2023 | 1,821 | |||
| At31March 2022 | 5,754 |
| Group | Group | Company | Company | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 2023 f |
2022f | 2023 f |
2022f | ||||||
| Finished | goods | and | goods | for | resale | 6,971 | 5,583 | 6,971 | 101 |
| Group | Group | Company | Company | |||
|---|---|---|---|---|---|---|
| 2023 6 |
2022 f |
2023 f |
2022f | |||
| Due within one year | ||||||
| Trade debtors | 133,294 | 138,053 | 133,294 | |||
| Amounts owed by group undertakings |
66,741 | |||||
| Other debtors | 7,303 | |||||
| Prepayments | and accrued income | 56,482 | 71,519 | 56,482 | 17,778 | |
| 189,776 | 209,572 | 189,776 | 91,822 | |||
| Creditors: Amounts | falling due within one year | |||||
| Group | Group | Company | Company | |||
| 2023 | 2022 | 2023 | 2022 | |||
| 6 | f | 6 | f | |||
| Trade creditors | 37,351 | 51,565 | 37,351 | 39,245 | ||
| Amounts owed to group undertakings |
158,663 | |||||
| Other taxation | and social security | 6,263 | 28,415 | 6,263 | 8,721 | |
| Other creditors | 21,489 | 21,489 | ||||
| Accruals and | deferred | income | 1,141,356 | 1,476,937 | 1,141,356 | 45,776 |
| 252,405 | ||||||
| 1,206,459 | 1,556,917 | 1,206,459 |
| Statement of |
funds | funds | -current | year | |||||
|---|---|---|---|---|---|---|---|---|---|
| Balance at 1 | Transfers | Balance at 31 | |||||||
| April 2022 | Income | Expenditure | In/out | March 2023 | |||||
| 8 | 6 | K | |||||||
| Unrestricted | funds | ||||||||
| Designated funds |
|||||||||
| Fixed asset fund | 368,383 | (95,233) | 195,858 | 469,008 | |||||
| Generalfunds | |||||||||
| General Funds |
74,280 | 1,150,305 | (932,874) | (174,315) | 117,396 | ||||
| Total Unrestricted | funds | 442,663 | 1,150,305 | (1,028,107) | 21,543 | 586,404 | |||
| Restricted funds | |||||||||
| Arts Council England | —Summer | Arts | |||||||
| College | 115,053 | 25,000 | (118,510) | (21,543) | |||||
| Total offunds | 557,716 | 1,175,305 | (1,146,617) | 586,404 |
| 16. | Statement of |
funds | funds | (continued) | (continued) | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Statement of |
funds | - prior | year | ||||||||
| Balance et | Balance et | ||||||||||
| 1Apnl 2021 | income | Expenditure | Transfers | inrout | 31 March 2022 | ||||||
| 8 | 8 | 8 | 8 | 8 | |||||||
| Unrestricted | funds | ||||||||||
| Designated funds |
|||||||||||
| Fixed asset fund | 467,325 | (170,053) | 71,111 | 368,383 | |||||||
| General funds | |||||||||||
| General Funds |
(91,628) | 1,467,230 | (1,230,211) | (71,111) | 74,280 | ||||||
| Total Unrestricted | funds | 375,697 | 1,467,230 | (1,400,264) | 442,663 | ||||||
| Restricted funds | |||||||||||
| Arts Counml England |
- | Summer | Arts | ||||||||
| College | 275,000 | (159,947) | 115,053 | ||||||||
| Total offunds | 375,697 | 1,742,230 | (1,560,211) | 557,716 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2023 | 2023 | ||
| E | f | ||
| Tangible | fixed assets | 1,821 | 1,821 |
| Intangible | fixed assets | 467,188 | 467,188 |
| Current assets | 1,323,854 | 1,323,854 | |
| Creditors | due within one year | (1,206,459) | (1,206,459) |
| Total | 586,404 | 586,404 |
| Unrestricted | Restricted | Tote( | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022f | 2022f | 2022 f |
||
| Tangible | fixed assets | 5,754 | 5,754 | |
| Intangible | fixed assets | 362,630 | 362,630 | |
| Current assets | 1,631,196 | 115,053 | 1,746,249 | |
| Creditors | due within one year | (1,556,917) | (1,556,917) | |
| Total | 442,663 | 115,053 | 557,716 |
| Group | Group | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||||||
| f | 6 | |||||||||
| 28,688 | 182,019 | |||||||||
| Net income for the year (as per Statement | of Financial | Activities) | ||||||||
| Adjustments | for: | |||||||||
| Amortisetion | and depreciation | charges | 143,315 | 170,053 | ||||||
| Decrease/(increase) | in stocks | (1,388) | 3,571 | |||||||
| Decrease | in | debtors | 5,096 | 883,686 | ||||||
| Decrease | in | creditors | (278,171) | (630,052) | ||||||
| Net cash | provided | by/(used | in) operating | activities | (102,460) | 609,277 | ||||
| 19. | Analysis | of | cash and cash equivalents | |||||||
| Group | Group | |||||||||
| 2023 | 2022 | |||||||||
| 6 | f | |||||||||
| Cash in hand | 1,129,338 | 1,531,094 | ||||||||
| Total cash and cash equivalents | 1,129,338 | 1,531,094 | ||||||||
| 20. | Analysis | of | changes in net debt |
|||||||
| At 31 March | ||||||||||
| At 1 April 2022 | Cash flows | 2023 | ||||||||
| 6 | 6 | |||||||||
| Cash at bank | and in | hand | 1,531,094 | (401,756) | 1,129,338 |
| Group | Group | Company | Company | |||
|---|---|---|---|---|---|---|
| 2023 | 2022 | 2023 | 2022 | |||
| 6 | f | 6 | ||||
| Not later than | 1 year | 24,167 | 285 | 24,167 | 285 | |
| Later than | 1 | year and not later than 5 years | 27,562 | 27,562 | ||
| 51,729 | 285 | 51,729 | 285 |