Company number: 7697173 Charity Number: 1145488
## Education Services 2010
Report and financial statements For the year ended 31 December 2022
Doc ID: 36039d463bb87e8aec7f57895605f5679eea1bba
**Company number** 7697173 **Charity number** 1145488
## **Registered office and operational address**
18 Orchard Avenue Cambridge CB4 2AH
## **Trustees**
Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows:
Huw Rowland Thomas Chair, Charity contact Janet Drysdale Michael Hansen Simon Jacobson Deborah Patterson Jones Ruth Sawtell Adrian Stenton Ian Tod Louise Walker Andrew Brown (resigned 17/06/2022) John Evans (deceased 07/05/2022)
## **Company Secretary**
Simon Jacobson
## **Bankers**
CAF Bank 25 Kings Hill Avenue Kings Hill Kent ME19 4JQ
Triodos Bank Deanery Road Bristol BS1 5AS
## **Independent examiner**
Paul Cowham FCA DChA Green Fish Resource Centre 46-50 Oldham Street Manchester M4 1LE
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## Education Services 2010
## Trustees’ Annual Report
## for the year ended 31 December 2022
The trustees present their report and the unaudited financial statements for the year ended 31 December 2022. Included within the trustees’ report is the directors’ report as required by company law.
Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.
## **Objectives and activities**
The charitable company was established to further the objectives and activities formerly carried out by the unincorporated association Education Services (charity number 313026) which itself was founded at Toynbee Hall, London in 1930 by Jack Bellerby and associates. The endowment fund originally established in the 1930s was transferred to the charitable company in 2013 and the unincorporated association was wound up.
The charity’s objects as laid out in the Articles of Association are:
For the public benefit to advance the education of people in the UK and overseas in such ways as the charity trustees think fit, including by:
- Providing grants to individuals, particularly to those of limited means who otherwise would have difficulty in pursuing their chosen field of study, artistic endeavour or training;
- Providing grants to libraries, institutions and organisations involved in education and the arts;
- Promoting and publishing research, particularly in the fields of monetary theory and banking;
- Providing support, including grants, to assist members of the company in their own research and education; - Promoting the above objects in accordance with the social ideals of Jack Bellerby in his book “The Contributive Society”
The charity's activities are the provision of grants to individuals and organisations as detailed above; and occasionally, promoting and publishing research, including on the history of the charity itself.
The trustees review the aims, objectives and activities of the charity each year. This report looks at what the charity has achieved and the outcomes of its work in the reporting period. The trustees report the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the trustees ensure the charity's aims, objectives and activities remained focused on its stated purposes.
The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set.
## **Achievements and performance**
The charity's main activities and who it tries to help are described below. All its charitable activities focus on grant making and are undertaken to further Education Services 2010’s charitable purposes for the public benefit.
Grants are made to organisations involved in educational work in the broadest sense, both in the UK and in the developing world. **Grants to organisations totalled £50,477** during the year (2021: £59,432). Details of all grants of £2,500 and over are listed in note 5 of the financial statements.
**Grants to individuals** are made, particularly to those of limited means, and pursuing education, training, publication or research. None were made during the year (2021: nil).
All grantees, whether organisations or individuals, are required to use their grant funding in accordance with their applications, which need to demonstrate wider benefits to society as a whole, and to report on the outcomes of their work or projects.
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Education Services 2010
## Trustees’ Annual Report
## for the year ended 31 December 2022
## **Financial review**
The charity received **£49,947** (2021: £45,289) in investment income and interest during the year and donations from members totalling **£475** (2021: £300) were gratefully received. Grants totalling **£50,477** (2021: £59,432) were made.
The charity’s assets stood at **£1,390,102** (2021: £1,587,831) at the year end, made up of:
- £1,358,563 representing the capital endowment fund
- £31,539 unrestricted funds being accumulated income available for future grant-making and governance costs
## **Reserves policy**
The charity has a large endowment and without premises or employees, has low operating costs. It generally does not enter into ongoing grant or other financial commitments. There is therefore no need to carry substantial reserves. In earlier years the trustees followed a practice of carrying forward unrestricted funds, or accumulated income, at the end of each year loosely approximating to the investment income received in that year. More recently they have decided to run down the reserves to enable a higher level of grant making, and at the end of 2022 the unrestricted fund reserves totalled **£31,539** (2021: £34,812).
## **Investment policy**
The charity’s investments are reviewed regularly and the investment policy was discussed and agreed at the Council meeting in June 2022. In accordance with mainstream investment opinion, the policy takes the view that over the long term equities will generally outperform fixed income products and that as a grant-disbursing charity with low overheads, our needs are best met by investing primarily in UK based income bearing equities which also give some exposure to global markets. There is also a preference for avoiding the administrative burden and potential risks involved in moving investments unnecessarily, and avoiding high fund charges. The current portfolio is principally based on three holdings, all of which are low cost and provide reasonable and dependable income. There are in addition some smaller unlisted investments in accordance with the wishes of trustees to express the positive social and environmental preferences of the charity.
## **Structure, governance and management**
The organisation is a charitable company limited by guarantee, incorporated on 7[th] July 2011 and registered as a charity on 17[th] January 2012.
The company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under its articles of association.
The company is managed by a committee of the directors, known as the Council, who are also the trustees of the charity. The Council are elected by the members of the charity. The Council can co-opt new directors whose appointment is confirmed by the members of the charity at the subsequent AGM. Any new directors are appointed after having first been members of the charity and attended Council meetings as observers to receive induction in the operation and ethos of the charity.
Members of the charity guarantee to contribute an amount not exceeding £10 to the assets of the charity in the event of winding up. The total number of such guarantees at 31 December 2022 was 10 (2021: 11). The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.
All trustees give their time voluntarily and receive no benefits from the charity other than any disclosed in note 8. Any expenses reclaimed from the charity are set out in note 8 to the accounts.
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Education Services 2010
## Trustees’ Annual Report
## for the year ended 31 December 2022
## **John Evans 1945 - 2022**
John Evans, who died in May 2022, was a long-standing member and trustee who first became involved with the charity in 2002 under its previous incarnation. He will be remembered for his ideas, enthusiasm, the sense of humour he brought to meetings and his dedication to improving the well-being of the charity’s beneficiaries.
## **Statement of responsibilities of the trustees**
The trustees (who are also directors of Education Services 2010 for the purposes of company law) are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
- Select suitable accounting policies and then apply them consistently
- Observe the methods and principles in the Charities SORP
- Make judgements and estimates that are reasonable and prudent
- State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
This report has been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime of the Companies Act 2006.
06 / 21 / 2023
The trustees’ annual report has been approved by the trustees on ………………………… and signed on their behalf by:
Huw Rowland Thomas
Council member and charity contact
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Independent examiner’s report to the trustees of
## Education Services 2010
## for the year ended 31 December 2022
I report to the charity trustees on my examination of the accounts of the of Education Services 2010 (‘the Company’) for the year ended 31 December 2022.
## **Responsibilities and basis of report**
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Paul Cowham FCA DChA Green Fish Resource Centre 46-50 Oldham Street Manchester M4 1LE
Date
06 / 22 / 2023
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## Education Services 2010
## Statement of Financial Activities
(including Income and Expenditure account) for the year ended 31 December 2022
|Unrestricted
funds
Note
£
**Income from:**
Donations and legacies
3
475
Investments
4
49,947
**Total income**
**50,422**
**Expenditure on:**
Charitable activities
5
53,695
**Total expenditure**
**53,695**
(3,273)
-
6
**(3,273)**
Transfer between funds
-
**Net movement in funds for the year**
**(3,273)**
**Reconciliation of funds**
Total funds brought forward
34,812
**Total funds carried forward**
**31,539**
**Net income/(expenditure) before net**
**gains/(losses) on investments**
Unrealised gains/(losses) on investments
**Net income/(expenditure) for the year**|Endowment
funds
£
-
-
**-**
-
**-**
-
(194,456)
**(194,456)**
-
**(194,456)**
1,553,019
**1,358,563**|Total funds
2022
£
475
49,947
**50,422**
53,695
**53,695**
(3,273)
(194,456)
**(197,729)**
-
**(197,729)**
1,587,831
**1,390,102**|Unrestricted
funds
£
2,300
45,289
**47,589**
62,455
**62,455**
(14,866)
-
**(14,866)**
-
**(14,866)**
49,678
**34,812**|Endowment
funds
£
-
-
**-**
-
**-**
-
134,541
**134,541**
-
**134,541**
1,418,478
**1,553,019**|Total funds
2021
£
2,300
45,289|
|---|---|---|---|---|---|
||||||**47,589**|
||||||62,455|
||||||**62,455**|
||||||(14,866)
134,541|
||||||**119,675**
-|
||||||**119,675**
1,468,156|
||||||**1,587,831**|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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## Education Services 2010
## Company number 7697173
Balance sheet as at 31 December 2022
|Note
£
£
**Fixed assets**
Investments
10
**1,358,563**
**Current assets**
Cash at bank and in hand
11
32,189
**Total current assets**
**32,189**
**Liabilities**
Creditors: amounts falling
due in less than one year
12
(650)
**Net current assets**
**31,539**
**Net assets**
**1,390,102**
**The funds of the charity:**
Endowment funds
13
1,358,563
Unrestricted income funds
14
31,539
**Total charity funds**
**1,390,102**
**2022**|£
£
1,553,019
35,412
35,412
(600)
34,812
**1,587,831**
1,553,019
34,812
**1,587,831**
**2021**|£
£
1,553,019
35,412
35,412
(600)
34,812
**1,587,831**
1,553,019
34,812
**1,587,831**
**2021**|
|---|---|---|
|||**1,587,831**|
|||1,553,019
34,812|
|||**1,587,831**|
For the year in question, the company was entitled to exemption from an audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006,
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.
The notes on pages 8 to 15 form part of these accounts.
06 / 21 / 2023
Approved by the trustees on …................................ and signed on their behalf by:
Huw Rowland Thomas (Trustee)
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Education Services 2010
## Notes to the accounts for the year ended 31 December 2022
## **1 Accounting policies**
The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
## **a Basis of preparation**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 - (Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Education Services 2010 meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.
The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 section 1A. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £ sterling.
## **b Preparation of the accounts on a going concern basis**
The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern.
## **c Income**
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
## **d Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
## **e Fund accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of charity.
Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.
The endowment fund was established by the original donors to the former unincorporated charity Education Services (number 313026). The capital value of the fund is treated as a restricted endowment fund within these accounts. The investment income arising from the fund is unrestricted and can be spent to satisfy the objectives of the charity as the trustees see fit.
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Education Services 2010
Notes to the accounts for the year ended 31 December 2022 (continued)
## **f Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
## **g Fixed asset investments**
Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year.
The Charity does not acquire put options, derivatives or other complex financial instruments.
The main form of financial risk faced by the charity is that of volatility in equity markets and investment markets due to wider economic conditions, the attitude of investors to investment risk, and changes in sentiment concerning equities and within particular sectors or sub sectors.
## **h Cash at bank and in hand**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **i Creditors and provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **j Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **2 Legal status of the charity**
The charity is a company limited by guarantee registered in England and Wales and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity. The registered office address is disclosed on page 1.
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Education Services 2010
## Notes to the accounts for the year ended 31 December 2022 (continued)
## **3 Income from donations and legacies**
|Donations from members
Grant repaid
**Total**
**4**
**Investment income**
Dividends received
Income from bank deposits
**Total**|Unrestricted
£
475
-
475
Unrestricted
£
49,836
111
49,947|Restricted
£
-
-
-
Restricted
£
-
-
-|Total 2022
£
475
-
475
Total 2022
£
49,836
111
49,947|Unrestricted
£
300
2,000
2,300
Unrestricted
£
45,261
28
45,289|Restricted
£
-
-
-
Restricted
£
-
-
-|Total 2021
£
300
2,000|
|---|---|---|---|---|---|---|
|||||||2,300|
|||||||Total 2021
£
45,261
28|
|||||||45,289|
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Education Services 2010
**5 Analysis of expenditure on charitable activities**
Notes to the accounts for the year ended 31 December 2022 (continued)
|**Analysis of expenditure on charitable activities**|||
|---|---|---|
|Grants paid: organisations
Grants paid: individuals
Total grants paid
Governance costs - see note 7
Total expenditure
Restricted expenditure
Unrestricted expenditure|2022
£
50,477
-
50,477
3,218
53,695
-
53,695
53,695|2021
£
59,432
-|
|||59,432
3,023|
|||62,455|
|||-
62,455|
|||62,455|
## **Grants to organisations**
Grants are made to organisations involved in educational work in the broadest sense, both in the UK and in the developing world. The largest grants made in 2022 were:
£6,936 to Cambridge Curiosity and Imagination (CCI) to enhance their work with two school-based communities in areas of disadvantage, allowing a CCI artist to work in partnership with a Cambridge Acorn Project therapist.
£5,338 to Womankind to support their work with local partner Polycom Development Project to tackle violence against young women and girls in the Kibera informal settlement, Nairobi, Kenya.
£5,000 to Saffron Walden Community Shed. Following the sale of their original premises and enforced move to a barn at the Audley End estate, the grant is towards the cost of materials and outside specialists required to make the barn suitable for the Community Shed.
£3,842 to Harwich Electric Palace Cinema to support two initiatives to encourage local engagement with the cinema and to help make cinema and film-making more accessible to all - a workshop for older children and teenagers including showing how films are made with a hand-crank projector; and free film screenings for children from disadvantaged families plus educational talks and post-film activities.
£3,420 to Cambridge Museum of Technology towards the cost of an exhibition and educational activities to mark the November 2022 centenary of the BBC, showing how Cambridge's Pye Radio contributed to the local economy and the first 10 years of public broadcasting.
£3,000 to Sea Watch Foundation to support Orca Watch 2022 in Caithness, North Sutherland, and Orkney and Shetland - one of the foundation's annual Citizen Science events.
£2,766 to Quaker Congo Partnership to provide enhanced training, communication and support to 21 selected 'Relais Communitaires' (community health workers) in six health areas forming the catchment of Abeka Hospital, Democratic Republic of Congo.
£2,500 to Bee Friendly Trust towards a project to help a village school create a bug hotel and bird bath sculpture from local cob, terracotta and ceramics for a new wildlife garden on an area of wasteland at Wrabness Station in Essex.
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Education Services 2010
Notes to the accounts for the year ended 31 December 2022 (continued)
## **6 Net income/(expenditure) for the year**
|This is stated after charging/(crediting):
**Governance costs**
Professional and legal fees
Independent examination
Meeting and administrative expenses
Bank charges
Independent examiner's fee|2022
£
650
2022
£
2,265
650
222
81
3,218|2021
£
600|
|---|---|---|
|||2021
£
2,263
600
64
96|
|||3,023|
## **7 Governance costs**
The average full time equivalent number of staff employed during the period was nil (2021: nil).
The key management personnel of the charity comprise the trustees and the Secretary. The Secretary's fees as a self employed contractor were £2,115 (2021: £2,250).
## **8 Trustee remuneration and expenses, and related party transactions**
Neither the management committee nor any persons connected with them received any remuneration or reimbursed expenses during the year (2021: Nil), except that:
A relative of one of the trustees was paid £2,115 (2021: £2,250) for providing administrative and secretarial services to the charity as a contractor. The contract for these services was agreed without the trustee concerned taking part in the decision.
One trustee received reimbursement of administrative expenses during the year of £13 (2021:£64).
Aggregate donations from related parties were £475 (2021: £300).
There were no donations from related parties which are outside the normal course of business and no restricted donations from related parties.
No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2021: nil).
## **9 Corporation tax**
The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.
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Education Services 2010
Notes to the accounts for the year ended 31 December 2022 (continued)
|**10**
**Investments**
Add net gain/(loss) on revaluation
Investments at fair value comprised:
Equities - listed
Other investments
Investments are all carried at fair value.
**11**
**Cash at bank and in hand**
Cash at bank
Other: Shared Interest account
**12**
**Creditors: amounts falling due within one year**
Creditors and accruals
Market value at the start of the year
Market value at the end of the year|2022
£
1,553,019
(194,456)
1,358,563
1,276,890
81,673
1,358,563
2022
£
22,094
10,095
32,189
2022
£
650
650|2021
£
1,418,478
134,541|
|---|---|---|
|||1,553,019|
|||1,474,608
78,411|
|||1,553,019|
|||2021
£
25,342
10,070|
|||35,412|
|||2021
£
600|
|||600|
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Education Services 2010
Notes to the accounts for the year ended 31 December 2022 (continued)
## **13 Analysis of movements in restricted funds**
|Endowment funds
Total
**Comparative period**
Endowment funds
Total|Balance at 1
January
2022
£
1,553,019
1,553,019
Balance at
1 January
2021
£
1,418,478
1,418,478|Income
£
-
-
Income
£
-
-|Expenditure
£
-
-
Expenditure
£
-
-|Revaluation
£
(194,456)
(194,456)
Revaluation
£
134,541
134,541|Balance at 31
December
2022
£
1,358,563|
|---|---|---|---|---|---|
||||||1,358,563|
||||||Balance at
31 December
2021
£
1,553,019|
||||||1,553,019|
## **Description, nature and purposes of the fund**
The endowment fund represents the capital value of the permanent endowment of investments transferred from the unincorporated association Education Services (charity number 313026) to the charitable company. The income earned by these investments is unrestricted income to be applied to the charitable objectives of the company.
## **14 Analysis of movement in unrestricted funds**
|General fund|Balance at
1 January
2022
£
34,812
34,812|Income
£
50,422
50,422|Expenditure
£
(53,695)
(53,695)|Transfers
£
-
-|As at 31
December
2022
£
31,539|
|---|---|---|---|---|---|
||||||31,539|
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Education Services 2010
Notes to the accounts for the year ended 31 December 2022 (continued)
## **Comparative period**
|**Comparative period**||||||
|---|---|---|---|---|---|
|General fund|Balance at
1 January
2021
£
49,678
49,678|Income
£
47,589
47,589|Expenditure
£
(62,455)
(62,455)|Transfers
£
-
-|As at 31
December
2021
£
34,812|
||||||34,812|
## **Name of**
## **unrestricted fund Description, nature and purposes of the fund**
General fund The free reserves available to spend on activities that further any of the purposes of the charity
## **15 Analysis of net assets between funds**
|Fixed asset investments
Net current assets/(liabilities)
Total
**Comparative period**
Fixed asset investments
Net current assets/(liabilities)
Total|General
fund
£
-
31,539
31,539
General
fund
£
-
34,812
34,812|Designated
funds
£
-
-
-
Designated
funds
£
-
-
-|Restricted
funds
£
1,358,563
-
1,358,563
Restricted
funds
£
1,553,019
-
1,553,019|Total 2022
£
1,358,563
31,539|
|---|---|---|---|---|
|||||1,390,102|
|||||Total 2021
£
1,553,019
34,812|
|||||1,587,831|
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Doc ID: 36039d463bb87e8aec7f57895605f5679eea1bba