evallTrg Suc¢es5 UK CIMrity No. 1141070 Company No. tW5pa5 Tntstee* Report and Unaudited Ac¢ounts 31 March 2W24
Elevatlnu SU8$1 UK Contents Trustees, Annual Report Indèpendent ExaffllTrer* Report Statement ot Financial Actfvities Summary In¢ome and Expendlture Account Balance Sheet Statement of Cash Iloyi Notes to the Accounts Detallod Statement ot Flnantlal Acmies 2to3 9t014 151016
Elevating Success UK trustees Annual Report ELEVATING SUCCE&S UK The irustees, who are also dire¢tors ol the ¢harfty forthe purposes of the Companles Att 20(, present thelr report wlth the unaudlted Ilnancthl statements of the charity lorthe year ended 31 Mareh 2024. REFERENCE AND ADMINISTrATIVE DEfAILS Company No. 06435795 ChaTlty No. 1141070 Reglsternd Offlce HONOR OAK OLD DEPOT ST. NORBERT ROAD BROCI(LEY SE4 2EY Dlrectors and Trustees The Dlrectors ol the charftsble company are ItsTrustees forthe purposes ol chlrity law. The following Dlrectors and Trustees 5eNeO durtng the year. Andrea Beveney Ann.Marie Nlcholts Devon Hobbs lohn Opara vane Clarke Company Secrotary AnTrMarie Nlcholts Key Management Personnel Chair A¢countanl$ Andrea Bweney Borasana Umited 55 Ja5mlne Grove London SE20 8JY Bankers Barclays Bank PLC 1 North End Croydon CR91RN OBJECTIVES AND ACTIVITIES
E18vatinll succe UK Trustees Annual Report Our charfty¥ purpose as sei out in the Oblects contned in the company's Memorandum of Association are to: provide a profesgonal. cariryJ. creative and mutually respectful tralfting service. offer a professlonal and dependab18 service at all limes. promot8 and di#eminale good practioe,. and provide amtance and partnershlp support lo reu8nerate priorlty areas and devdop sustainable Mmmunities. Our vlslon is to Inspire, mofjvate and empower people to achleve th8lrfuU p upon supportino those from dl8advantaged ¢ommunttie8 ACHIEVEMENTS AND PERFORMANCE entiil, with a particular focus l am so proud to write th% report follong the end ol myse¢ond year as the ew Chair ol Elevating Success UIL As Elevating Succezs enters rts17th year, it has contlnued to support kal Eommunftles In Croydon and Lewisham through a range ol inltlative Durin outo the year. the ex¢ellent staff at Elevats. ano 73% passed inal cohort of 84 graduating. Success tan a hwjhly succe5sfiJ'l'On The Road, proprt with 59 r Theory Test and six people also passed outo)me, 35 went on to ffnd employmen( elr Practtcal Drivirlg tesL Amanda Brown abo iolned the ES lamlty and began working wilh the NHS on a collaboratlve research proiect which has run over a perlod 0112 montt At the end of the ear. we leamt that we h1 been successful in a trAd to the Natior1 Lottery to tsere fvndin of £20K to assiuthe bc41 ciThmunity in Croydon with the Cost-of-Livin through a finanoal Itteracy programme. sorrthing that I feel very passjona CTrSl5. We wryll provide suppo atrft stan in MIdepteMtser 2024. We wll dso be providiThJ a cookery prcbaramme. helping peoFAe to learn to C4)ok on atudget l am very excited b see the SUCC UK cx)ntinue to evo and grcw. livivJ up to X will havq as well as watchiw Elevatin e to grtrw and surxee FINANCIAL REVIEW Elevalino Success. fInan[ alm Is to have a ¢over4e of elghteen montts of Ih, reserve. We are workiw tDward that aim. operatlng runnlno cost lft STrUCTURE, GOVERNAPICE AND MANAGEMENT E18valing Succe&s has a Management Committee ol five members whose wa Gomplement the work of the charity. PTofessional backgrounds The day-to.day runnlng ol Elevatlng Success rests with th8 Operallorn Co4)rd5 aior. He Is respon8lble for ensurillg that the charity dellven the seM¢88 speufied, that the operallonai aspects of the charity are met and that staff and volunle8Ts are sup8Nhed as they rJa out thelrlun¢tlons withln the team. The Trustees are responslble for keeping proper accountir¥J re¢ordsthat dixloge wlth reasonable accuracy at any tlme the financial position DI Ihe charity and to enable them to ensure that the financlal statements compty wlth the Companies Act 2(M)6. The Trustees are also responsible for safeguardlng the assets of the charSty and hence taklng reasonable steps lor tl preventlon and detson of fhud and other irreoularlties.
ElevatTng Success UK trustees Annual Report The above report has been prepared in accordance vrith the prothions applicabl8 to Companles subject lo the small companies regime as sel out in Part15 of the Companies Act 2CQ6 and In accordance with the Charitles SORP (FRS 102). Slgned on behalf of the board Andrea Beveney Trustee 31 March 2024
Elevating Success UK 'Inilependent Examiners Report Independent Exarniner's Report io the trustees of ElevatlNJ Success UK I report to th8 charity trustett on my examinatlon ol the financid statemen& of Bevatino Success UK for th8 year ended 31 March 2024. Responslbilltles and bas18 of r8POrt As the ¢haNtys trustees of the company {and also its dlrectors tor the purposes of company lawl you are responsible for the pr8paration of the financial slatements ITr acGordance wlth the requlrements of the Companles Act 2C(l% ('the 20C* Acl. Having satisfled mysell that the Ilnanclal ytatements of the Charfty are nol r9qulred to be audited under Part 16 01 the 2006 Act and are eiiglble for independent examlnallon. I r8POrt in respect of my examlnation ol your charity's flnancial statements as carried oirt under section 145 of the Charities Act 2011 {Yhe 2011 Act.). In carrying out my examlnation I hav8 followed the Dlrections given by the Clarlty Commission under sectlon 145(5) (b) of the 2011 Act. Independent examiner's statement I have completed my examinatlon. I can confirm that no rnaterlal mattern have come to my attention In connection wlth the examinalion givlng me rAus8 to believe- • accountlng r8cords were nol kept in accordance with section 386 of the 2006 Act ' or the Ilnancial statements do not accord wlth those records: or the flnanclal statements do not comply wlth the Iount1j requlrements vler section 396 01 the 2 Act other than any requlrement thal the finandal statements gfve a Irue and falf vlew whlch is not a matter considered as part of an independent examlnation; or • the flnancial statements have not been prepared in accordance wEth the methods and prfnclples of th8 Statement of Recofflmended Pralce lor accounting and reporting by charitles applicable to charities preparing thelr accounts in a¢Eordance wlth the FlnanLxal Reportlftg Standard appllcable In the UK and AepublK of Ireland (FRS 102). I have no concerns and have come a¢n)ss no other mattern In tonnectlon the examinatlon to whl¢h attentlon should be drawn in this report in order to enable a proper understar10 of the financial statements to be reached. Orvil Plummer F Borasana Umlted 55 lasmlne Grove London SE20 8N 31 March 2024
Elevating Success UK tat8ment ot Flnanclal Actlvltles for the year ended 31 klaFth 2024 Unr8Stricted RerIcted funds fundi Total lunds Total lunds 2024 2024 2023 Notes Income and endowm&nts Irom: Donations and leqacles Charftable actfvitle$ 44.442 17AOO 61842 36,078 Total 44,443 17,5LKI 61,943 36,078 Exponditure on: Charltable aotlvllies Olher Total 12.568 30,981 43,544 14,583 27.146 30,981 58.127 11.128 31.679 42,807 14,583 Net gairts on Investments Net incomel(expenditure) Transfers belween funds Net incomel(expenditure) before other gainsl(losse$) Other oalns and losse8 Net movement in lunds Reconciliatlon of lunds: Total funds brought forward Total funds Carrled forward 2.917 3,816 (6,729> 2,917 3.816 (6.729) 1917 3.816 (6.7291 18.487 13.487 20,216 14.386 19117 17,303 13,487
Elevating Success UK ' Summary Income and Expendlture A¢¢ount for the year ended 31 Malch 2024 ',2024 2023 Income 36,078 Gross Income for the year Expenditure 61913 58'.127 36.078 42.525 D8preoiatlon and charoes for Impalrment of fixed assets 282 Total expenditure for the year Net Incom81(expendlture) belore lax lor the year 42,807 31816 3.816 {6.729) (6.729) Nel In¢ome l(expendllur8)foT the year
Elevatlng Sucoe&s UK Balanc8 She81 ai 31 March 2024 Company No. 435795 Notes 2023 Flx8d a8sets Tanglble &%sets Current assets Cash at bank and In hand 10 18.399 18,399 11,096) 14,308 14.308 {821) 13,487 13.487 13.487 13.487 Credltors.. Amount falling due withln one year Net current wets Total assets less Current liabilltles Net assets excludlng pension asset or Ilability Total net assets 11 17,,303 171,303 171,303 The lunds ol the charlty Restrfcted funds Restricted income funds 12 2,917 Unrestricted funds General funds 12 14.386 13,487 13,487 Reserrfes 12 Total funds 17,303 13,487 The88 accounts hav8 been prepared In accordan¢e with the speclal prothns of Part 15 of the Companies Act 2(M16 relating to small coinpanles. For the year ended 31 Marchi2024 the company was enlitled to exemption Companies Aet 2006 relatlng to small companles. The membern have not requirpd the company to obtain an audit In accordanée wlth section 476 of lh8 Companles Act 2006. The dlrectors acknowledqe thdJ re8ponsibilHies for compfyino with the requirements of the Companfes Act 2006 with r8spett to a¢¢ountifjg records ind the preparation of account& Approved by the board on 31 March 21r24 And signed on Its behalf by. der section 477 of the Andrea Beveney Trustee 31 March 2024
Elevating Succe&% UK Statement of Cash flows for the year ended 31 Maroh 2024 2023 Cash flows frorn operating actfvilies Net Incomel{expenditure) per Statement of Financial Aclivltles 3,816 (6,729) Adjustments lor. Increa881{Decrease) In trade and other payabl (1,5361 Nel cash provlded byl(used In) operatlng actfvttles (7,983} Net cash from investing aCtltIeS Net cash from linancing aCtItIO8 Net increas&llde¢rease) In ¢ash and Eash equNalents 17.983) Cash and cash equivalents al the beglnning of the year 14,108 22.291 Cash and cash equlvalents al the end of the year 181.732 14.308 Components of cash and cash equlvalents Cash and bank balances 18,a99 14,308 18,399 14,308
E18vatfftg Success UK Notes to the Accounts for the year ended 31 March 2024 1 Accounting Pollcles Basts of preparatft The financial statements have been prepared in acMrdance wlth ACuntIng and ReportirKJ by Charlti88: StatemeTrt of Recommended Practice appllcable to tharltles preparfng thelr accounts in accordanc8 wlth the FInan¢i Reporting Standard appIlble in the UK and Republic of lffeland (FfLS 102) (effective 1 lanuary 2015) - (Charities SORP IFRS102)), the Finartcial R8POrtiw Standard applicable In the UK and Republic oi Ireland (FRS 1021 and the Companles Act 2fTh. Chanoe in basls ol a(%ounting or to prevlous accounts There has been no change to the aOUntIng policies (waluatfon fules artd method of a¢countingl slnce last year and no changes have been made to accounts for previous yean. Fund accountlr lJnrestri¢ted funds Thes& are avallable for use at the discretlon ol the trustees In lurtherance of the Designated lund$ general oblects of the charty. These are unrestrfcted lunds eamiarked by the trustees for partlcular purposes. Revaluatlon funds These are unrestricted funds which in¢lude a revaluatlon reserve representlnu the Restricted funds reststemeth of investment assets at thelr market tralues. These are available for use subject to restrictlons imposed ty the donor or throuoh terms ol an appeal. Intom8 Recognltlon of income Income ts Included In the Statement of nanCIal Activities (SOFA) when the charlty becomes eThtled to. and vlrtualty certaln to receivp. the income and the amount the Income can be measured wlth sufficient reuabilty. Income wlth reLated Wherè income has related expenditure the cOMe and r8lat8d expeNllture is expendlture reported gr8 in the SOF Donatiors and legacies Voluntsry income recelved by way of grants donat10 and glfts Is includ&d in the the SOFA when re¢elvable and onty when the Charity has uncondllional entitlement to the Income. Tax reclalms on Incorne from tax reclalms Is Included In the SOFA atithe same tlme as the donations and glft$ olftldonation to which it relates. Donated $eFvkes and facllltle¥ These are onty included In income (wlth an equfvalent amount In expendrture) where the benefit lo the Charity is reasonabty quantifiable. measurable and material. Volunteer help The value ol any volunteer help re1Ved is not IKluded in the accoun Investment Income This is Included in the accounts when re¢eiwdble. Galns/lloss8s) on Thls includes any aaln Dr loss resulting from r8valulrtg Inv8stments to market value revaluatlon ol flxed at the eNI of th8 year. a&8ets Galnslllosses) on Investm6nt assets Thia includes any oaln or loss on the sale of invtttment&
Elevating Success UK Notesiothe Accounts Expendlture Recognition ol expenditure Expendlturg Is recognised on an aal$ basis. Expendlture includes any VAT whlch cannot be lully recovered, and is reported as part of the expenditure io which It relates. Expendlture on ralsing fundi These comprtse the ¢osts awiated with attrdcting voluntary income. fundra18i Expendlture on trading costs and investment management cos These comprise the costs Incurred ty the Charity In the delivery of Its activtbes and charitable acllvities services In the furtheraftce of Its obie¢t& in¢ludlng the maklNJ of grants and governance costs. Grants payable All grant expendilure is accounted for on an actual pald bath pl an accrual for grdnts that have been approved by the trttstees at the end of the y8ar but not yet paid. Governance costs These irKlude those costs acIated with meetlna the constitutlonal and statulory requlrements Df th8 Charity, including any audiulndependent examlnation fees, Costs linked to the strat8olc management of the Charlty. together with a share ot other administration cost& Other expendrture These are 8UPPOrt Costs not allocated to a partular activlty. Taxation The chartty Is exempt from corporallon tax on its chaTitatAe acli¥ltie Freehold investment property Investment prop8rtles are measured inttilty at ¢ost and subsoquenty alfalr value at each balance sheet dat6 and are not depreclaied. All gains or losses are taken to the State arls8. 'ent of Flnancial Activitles as they Stocks Stock is Included at the lower of cost or nel realisable value. Donated items ol stock are recognlsed at lalr value whlch Is the amount the chartty woukl have been to pay for,'th8 Items on the open fflarket. Trade and other debtors Trade and other debtors are recognised at the settlement amounl due after any trade dbcount offered. Prepayments are valued at the amount prepaid net ol ary trade drfcounts due. Cash antd cash equfvalenls Cash and cash equivalents Comprise cash at bank and on hand, demand deposlts wlth banks and other short-term highly Ilquld Investments with oritynal maturitles of three months or les and bank Gverdrafts. In the statement of financial position. bank twerdrafts are showrè withln borrong8 or current liabilltle$. In the Statemenl ol Cash Rows. cash and cash equivalents are shown net ol bank overdrafts that are repayable on demand and form an integtal part of the company cash mqnagem8nL Trade and other ¢redltors Short temi credltors are measured at the tranwtbn price. Other credltors and provlsions are recognl8ed wh&re the charlty has a present obllgatlon reSullij from a m event tha I wlll probabty result In the traTrsler ol fundi to a third party and the amount due lo sellle the oblipatlon &in be measured or eimated reliably. Credltors and pmvi5knns are nonnaJty recogni5ed at thèlr eMent amount after allowlng for any trade di8Gounts due.
Elevating Success UK Notes to the A¢counts Research and development Expenditure on research and development Is wrltten off in the year In hlch It Is incurred. For8lDn currencl Monetary assets and Ilèbilities denominated In currencles other than Ihe f UtIon currenty ol the charlty are translated at the rates of exchange prevalllng at the end of the r8POrting perlod. Transactions in ¢urr8ncies other than the fUnloal currency ol the charfty are recorded at the rate of exchange on the date that the transactlon o¢curred. All exchange difler8nces are are taken into account In arrmng at net in¢pme16xpeTrdlture. Leased assets Where the charlty enters into a18aY whlch entails taking sul)stantiaity ali the risks and rewards ol ownershlp of an asseL the lease is treated as a finance lease. Leases whlch do not transfer svbstantialty the rilks and rewards ot owngrship lo charity are classllled as operating leasel A&8ets held under finance leases are initlally recognlsed as assets ol the charity at their lalr value at the Inceptlon of Ihe lease or. N lower, at the pre8enl value of the minimum lease payments. The corresponding liabllity to the lessor Is induded in the balance sheet date,'as a finance lease obligatlon. Lease payments are apporboned between tinanc8 expens8s and redurtion of the18ase obllgation so as to achleve a constant rate of Interest on the remainlng balance of th8 liabillty. Flnance expenses are recognised immedlatety. unless they are directty attributsble lo quallfyfjng &88ets, whi¢h case they are capltalised In a¢Mrdan¢e wlth the chall pollcy on borrowlnu ¢ost& Assets held under flnance leases are depreciated in the same way as owned &8ets. Operating lease payments are recognis8d &8 an expense on a stwh14ine basls over Ihe lease terni. In the event that lease incentives are recei%¢d to enter Into operating leases, suth Incentives are recognlsed a5 a Ilability. The aggrewe benefit of InntIVeS is rewnlsed as a reduction of rental expense on a stralght-llne basL8. Pension costs The ¢harlty operates a deffned contribution plan for its employees. A defined contrlbutlon plan is a pension plan under which the company pays fFxed contrlbutions Into a separate enllty. Once the contributions have been paid the company has no lurther payments obligations. The contrlbutions are retrMJnlsed as expenses when they lal due. Amounts not pald are shown in accruats in the balance sheet. The assets ol the plan are hehl separatelyfrom the company in Independentty 8dmSnlstered funds. Recelpt of donated goods, facllitles and seThi¢ All donated goods, facilltles and ser¥ices received are recognlsed wlthin Incomlng resources and expenditure at an estlmate of the lue to the charity. 2 Company 8tatu$ The company Is a prfvate company limlted by guarantee and consequenty., do88 noi have share ¢apltal.
Elevatlng Succe&8 UK Notes to the Accounts S Statement ol Finandal Activltles- prior year Unrestrfcted funds Total tunds 2023 Income and endowments Irom: Charftable aCltIeS Total 36.078 36.078 36.078 36,078 Expendtture on: Charttable actlvltles Other 11,128 31,679 42.807 11,128 31,679 42,807 Total Net Income Net incom8 belore other oaln81(losses) Olhergalnsand low: Net movement in lunds Recondllatlon of lunds: Total funds brought lorwa Total funds carried lonyard (6.729} 16.729) (6,729 (6,729) {6,729) {6,729) 20.216 13,487 20.216 13.487 4 Income from donatlons and legacies Unrestrlcfed Total 2024 Total 2023 Donatlons 5 Income from charltable actlvitles Unrestri¢ted Restrl¢t8d Total 2024 Total 2023 Mentorlng and tralning 44,442 44.442 17,5LII 17.50.0 61,942 61.942 36,078 36,078
Elevating Success UK Notes to the Accounts 6 Expenditure on charltable actlvitles Unrestrlcted Restrfct8d Tot 21Y24 Total 2023 Expendlture oncharttable actiwties Mentorlno and tralni Wag8s and Salaries Governance ¢osts 7.842 4,721 7,842 19.304 11,128 14.5&8 I263 14.583 27,146 11,128 7 Other expenditure Unrestrfcted Total 2024 Total 2023 Employee costs Amortisatlon, depreciation, Impairment, profltlloss on disposal of fixed &et$ General adminlstrative costs Leg and prolessional costs 26,020 26,020 26,669 3,479 3.479 1,482 30.981 2,841 1.887 31,679 30.981 8 Net incomel(exp8nditure) bofore transfèrs Thls Is stated after Ghartyng: Depreclation of owned fixed assets 9 Staff costs 24 2023 282 Salarles and wages 2024 26,020 26,020 2023 26.669 26,669 No employee r8cefv8d emoluments In excess 01 £60.IMI. 10 Tangible ILxed assets Cost or revaluatlon At 1 Aprll 2023 At 31 March 2024 D8preGiatlon and Impalrment Al 1 April 20YJ At 31 Mar¢h 2024 Nel book values At 31 March 2024 At 31 March 2023 2,817 2,817 2.817 2.817 2,817 2.B17 2.817 2,817
Elevaung Succe&8 UK -'Notes to the Ac¢ountS 11 Credltor5: amounts tling due within one year 21r24 2023 Other taxes and Social securlty Other creditors Accruals 1,405 (308) (i) 371 118 332 821 12 Movement in funds Incoming resources ncludlng other At 1 April gal/10S$eS Resources expended A131 March 2024 Restricted f und¥. Restrlcted in£ome tunds: Klng's College Bread cordInatOr 17.500 {14,5&3) 2,917 Total 17.500 Unre8tricted f und8: G&n8ral funds (14.583) 2,917 13,487 {43} 14.386 Total funds 13,487 17.303 Purposes and restAcUons in relatlon to the funds." Restrfcted funds". lfjng's College Bread Co-ordlnaior 13 Analysis of net assets between funds Unrestrirted fund$ Total Net current &V8ts 17,303 17.303 17.303 17.303
Elevatlng Success UK Notes to the Accounts 14 Reconeiliatlon of net debt At31 March 2024 At1,,Aprfl Cash flows Cash and cash equivalents 14,308 14,308 4,091 18A99 18.399 Net debt 14308 4,091 18.399 15 Related party dtsclosures Gontmlllng party The company is Ilmited by guarantee and has Tro share capi. thus no slngi8 party controls Ihe company.
El8vatlng Success UK DetaSled Statement of Financial Attivilies forlhe year ended 31 March 2024 UTrrestrfcte dIndS 2024 Restricted funds Total funds Total funds 12024 2024 2023 Incom8 and endowmentsfrom". Donatlolls and legacies Donatlons Charltable a¢tlvitles PAentorinq and trainlng 44,442 44,442 44.443 17,5 17,51X) 17X 61.942 61,942 61,943 36.078 36.078 36,078 Total income antl endowments Expendllure on: Charitable actrvllie8 Menloring and trainlNJ Wages and Salaries 7.842 4.721 12.563 7,842 19,304 27.146 11.128 14,583 14.583 Total of expenditure on charftab18 actlvltles Employee costs Salarieslwages 11,128 12563 14,583 27.146 11,128 &020 26,020 General admlnistratfve costs, induding depreclation and amortisation Depre&atfon ol Bank charges General insurances Statlonery and printing Sundry expenses Telephone. lax and broadband 26.020 26,669 26,669 282 129 107 971 107 971 14 110 1,696 3,123 140 1261 3.479 140 2.261 3,479 Legal and prolesslonal costs Acuntan(Y and bookkeepl Other legal and prolessional costs 1,887 13 13 Total of expenditure of other costs Total expenditure Netgalns on Investments 1.482 30.981 58,127 1,887 31,679 42.807 30,981 43,544 14,5&8 Net In¢omel{expendllure) 899 3.816 (6,729)
Elevatlng Success UK Deialled Statement of Financial Attivltlv4 Net incomel(expendlture) before other gn$/IOsSes) Other Galns 2.917 3,816 {6,729} Net movemenl In lund8 899 1917 3.816 {6,729) Reconciliatlon of funds., Total lunds brought lorward Total funds carried forward 13.487 13,487 20.216 14J86 2,917 17.303 13,487
Elevating SuGce&% UK Notes to the Arxounts 11 Creditor& amounts falling due within one year 2023 Other taxes and SDclal securlty Other cr6dltors Accruals 371 118 332 821 (i) 12 Movement In fuTrds In¢oming resources (Including other At l April gn8/10s$e8 Resources expended At31 March 2024 RestriGt8d funfls: Restricted in¢ome fund& Klnu's College Brea COrdInatOr 17.51KI (14.583) 2.917 Tot 17,5 Unreslrlcted fund$.' General funds (14.583) 2,917 13,487 (43,544) 14,386 Total funds 13,487 61.943 (58,1271 17,303 Purpo8e$ al reStrktiO in relatlon to the funds.. Restrfcted tunds: Xlng's College Bread Co-ordlnator 13 Analysis ol net assets between funds Unrestricted
Elevating Succw UK Notes to the A¢counts 14 Reconcillatlon of net debt At31 arch 2024 At 1,April 2023 Cash flows Cash and rash equivalents 14.308 14,308 4,091 4.091 18,399 18,399 Net debt 14,308 4,091 18B99 15 Related party dlsclosures Controlllng party The company is limlted by guaranlee aNI has no share upital: no single party controls the tompany.
Elevating Success UK Detalled Statement of Finan¢lal Act$ fortheyearended 31 March 2024 UnrestArte d funds 2024 Restricted .funds Totsi funds Total funds 2024 2024 2023 Income and endowmentsfrom: Donatlons and18gacies Donatlon8 Charttable aCtitIeS Mentoring and tralning 44.442 44,442 44.443 17.5(Kl 17,5L 17,5 61.942 61,942 61,943 36.078 36,078 36.078 Total Income and endowments Expendlture on: Charitable actNtties Mentorlng and tralniThJ Wages and Salaries 7,842 4.721 123 7.842 19304 27.146 11,128 14.5&3 14.583 Total of expenditure on charllable activlties EmployeB costs 8aiarieslwage8 11,128 12M3 14&5 27.146 11,128 26,020 26.020 General admlntstrative rosts, incfudlng depreciation and amortlsation Depreciation of Bank charges General insurdnces Statlonery and prlntlng Sundry expens88 Telephone. fax and broadbarnl 26,669 26.669 26,IY20 282 129 892 14 110 1,696 3,123 107 971 107 971 140 2.261 3,479 140 2.261 3,479 Legal and professional costs AccountanLy and bookkeeplno Olher leg and prolessional QQ8ts 1,887 13 13 1.482 30.981 43544 Total of expenditure of other costs Total expendlture Net GaIr on investments 1.887 31,679 42,807 30.981 58,127 14,588 Net Incomel{exp8ndlture) 1917 3.816 (6,729)
ElevatlThJ Success UK Detailed Statement of Financtal AttSvltles Nel incomel{expenditure) before other gainsl{losses) Other Galns 2.917 3,816 (6,729) Net movem8nt in funds 2.917 3,816 (6.729) Re¢on¢iiiation of lunds: Total funds brought forward Total funds carrled forward 13.487 13,487 20,216 14386 2.917 17.303 13.487