REGISTERED COMPANY NUMBER.. 07611398 (England and Wales)
REGISTERED CHARITY NUMBER: 1146157
RFPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024
FOR
THE ITSA DIGITAL TRUST
ITSA
INSPIRING BRIGHTER FUTURES
BK Plus Limited
6 Manor Park Business Centr8
Mackenzie Way
Chellenham
Gloucestershire
GL51 9TX

THE trsA DIGITAL TRUST
CONTE￿5 OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
Page
Relertnce and Admiplslrallve Delalls
Rèport of thè Trustèts
Independent Examlnerfs Reporl
Slatem•nt ol Flnanclal Actlvtlles
Slalement ol FlnJnclo1 Poslllon
9 10 10
Not•s to the Financlal Slat•m•nt8
11 to 20

THE rrsA DIGITAL Trusr
REFERENCE AND ADMINISTRATIVE D￿AlLs
FOR THEYEAR ENDED 31 MAY 2024
TRUSTEES
M R Ralclilfe MBE
P M Hazel Iresigned 10.7.231
A Piggoll (resigned 23.8.231
Mr5 J S Hill
A C Bates lappointed 6.6.241
S J Ashley (appointed 4.6.241
M R Diaz lappoiThted 13.5.241
Ms E Fraser {appointed 27.3.241
REGISTERED OFFICE
Wolseley House
Orièl Road
Chellenham
Glouceslershire
GL50 ITH
REGISTERED COMPANY NUMBER 07611398 IEngland and Wales)
REGISTEREO CHARITY NUMBER 1146157
INDEPENDENT EXAMINER
BK Plus Limilèd
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Glouceslershiro
GL519TX
CHIEF EXEcullvE
Geoffrey Nèwsome
BANKERS
Lloyds Bank plc
Chellenham
Glovceslershire
GL50 IEW
Page I

THE ITSA DIGITAL TRUST
REPORT OFTHETRUSTEES
FOR THE YEAR ENDED 31 MAY 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006. present
their report with the financial slalemeTr15 of Ihe charify for the year ended 31 May 2024. The Iru51ees have
adopted the provisions ol Atcounting and Reporting by Charities.. Statemenl ol Recommendeé Prattlte
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic ol Ireland IFRS 1021 lelfeclive 1 January 2ll191.
OBJECTIVES AND ACTIVITIES
Significant activiti•s
The ITSA Digital Trust (commonly known as'lTSA? continued lo improve access lo IT equipment and IT skllls
lor school children in Alrica and lor disadvanta9ed communities in the UK, particularly Gloucesler5hirÈ.
ITSA enabled computer access to 423.500 school children in Africa Ihrough its compuler-supply
programme during the year, In the UK, 3,649 users were given acce55 lo digital technology, includlng IT
èquipment and skllls. The Diyibvs Project conlinued to deliver Ireè digilal-skills support in Gloucesler£hire
in order lo improve digital inclusion within the counly.
Publlc B?neflt
In planning the charily's aclivities lor the year. Ihè trustèes havè complièd with the Charity Commission's
guidance on public benefit. The locus ol the CharIt￿S activities during Ihe year. which explains the delivery
by the charlly ol public benefit. is sel out below under'achievement and perlormance..
Grantmaklng
The ITSA Digital Trust receiv•s and refurbishe5 used compul•rs, which il then supplie5 10 schools in
dèveloplng counlries In Afr1¢3 and lo tharilable organSsalions ix the UK. Although ITSA recelves a
contribulloA towards the cosl ol shipping ¢ompulers, 11 provides computers wilhoul much glgnilitanl
contrlbutSon in return.
ACHIEVEMENT AND PERFORMANCE
CharStabl• acllvStl•s
OVERVIEW
The charlly has had a svccesslul year, perlorminu well In both Africa and the UK. deliverlnu largeled
projects lo improve digltal educalion and skills access. 11 maintained its supply programme providing
high-ryualily desktop computers and laptops lo Africa as well as delivering leachor training lo improve
digital education. 115 Outreach programme in Glouceslershire continued Io support charitable orgaThi5ation5
and marginalised Individuals in the county with free IT equipment and free IT skills supparl.
Flnancial doThors lo the charily continued lo show immense generosity, although lunds raised were 6%
lowèr than in Ihe previcus financial year.
Africa and ov•rs•as op•ratlons
ITSA supplied 4,235 desktop computers and laplops lo ils programmes Sn Kenya. Malawl, Zambla and
Zimbabwe. Th59 represented a 23% increase on the previous year.
Funding allowed the charity's projects in Africa lo continue, including IT training to leachers in both Zambia
and Zimbabwe. based on éemand from schools in those countries having requested digilal skills training.
Kenya
ITSA successfully supplied 1,335 laptops and computer syslem5 ID Its partner in Kenya. Naivasha Technical
Training Inslitule.
The computer5 and laptops are by the college to de14ver tomputer-study lesson5 to students in
addition to allowing teachèrs to improve the quality of their lessons. Thère is also advantage for the local
communily in having acces5 to such high-qEhality. affordable equipmènt.
Page 2

THE ITSA DIGrrAL TRUST
REPORTOFTHETRusfEES
FOR THEYEAR ENDED 31 MAY 2D24
ACHIEVEMENT AND PERFORMANCE
Charllable aclivilles - conllnued
Maiawl
During the year ITSA sent 700 computers and laptOP5 to Computers tor Malawian Schools ICFMSI, ITSA'5
implementing partner in Malawi.
CFMS'S Training Centre in Blantyre conlinued to supporl the local community, helping to improve digital
skills lor Ihose m05t in need and in line with one ol Ihe charily's goals, Is. more disadvarnlaged and
excluded people Sho￿(d be able to use digital technology to enhance Iheir lives.
In addition, ITSA and CFMS inslalled 2 IT laboratories in schools in Malawi. from grants generously donated
by Fondalion Eagle. The Schools had a combined intake ol over 1,000 studen15 wllh only 1 worklng
computer. They now have refurbished. secure classrooms wilh new furniture. networked tompulÈrs,
laptops lor the teachers. overhead projectors. printers and importantly inlernet access. giving Ihem lull
access lo digital skills and inlormalion lollowing decade5 01 digital exclusion. The schoo15' teachers have
been given IT Iraininy afbd an agreement alluws ulher schools in the area lo use these exciting new
ZamblJ
Thi5 year the ¢harily was pleJ5ed lo be able lo send a second lull-slzed shipment ol Computer systems and
laptops. following small shipments sent during Ihè previous 21 years. The tquipment consist@d ol a
consignment of sorne 700 relurbi5hed laplops. desktop computers and periph•ra15 which were delivered lo
Computèrs ltsr Zambian Sthtsols ICFZSI, ITSA'S parlrtèr irt Zambia.
In additlon. ITSA was able to conllnue ils delivery ol th• leach8r-Iraining programme In Zambla. There
continues however lo be an inadequate number ol djgitally-skilled teacher5 throughout the country,
Impacting on the quality DI students, edu¢alion. The programme. run by CFZS, is lo¢used Dn increaslng the
number ol teachers who caTh ellectively use ICT to improve their students. digital educaliorn.
Zlmbabwe
ITSA supplied 1,5Ql unils lo IT Education Zimbabwe IITEZ). Ils Implemenling partner In Zimbabwe, whl¢h was
more than twice the quanlity supplied in the previous year. The equipment is being dislributed lo prlmary
ar¢d secondary schools throughout the country.
Although ICT is on the national cvrriculum lor primary schools In Zimbabwe. prlmary school teachers are
not taught ICT a5 parl ol their teacher Iraining and 50 ITSA was pleased lo be able lo continue ils teacher
Iralnlng programme in Zimbabwe this year.
ITSA is most gralelul to have the continued support ol the Belt Trusl and ol Fondation Eagle respect ol
their IT educalional programmes in Malawi. Zambia and Zimbabwe.
UK operatlons
Compulor donations
Over the year ITSA received 5,037 computers and laplop5, which was a decrease ol 1,383 IZI%1 from the
previous year, eaused principally by fewer donations ol desktop computers. The drop in the number ol
desktops was mirrored by a drop the previous year and perhaps reflects a general trend ol people using
mDre laptop5 than desktop computers since the start ol the paThdemic ané Is possibly reflected in the
increased number DI laptops donated. Forlunately the number of monitors donaled was similar to the
number in the previous year. al 3,484.
The charlly contlnues to be parlicularly insisleThl about refusin9 equipment which is èilher too old, damaged
r cannot be successlully refurbished and upgraded with Windows 10 or11.
Dver the years some 132.680 devices have been donated to the charily by buslnesses, sthvols.
public-sector oryanisations. charities and private individuals and to all ol whom we are immensely grateful.
Page 3

THE ITSA DIGITAL TRUST
REPORTOFTHETRUSTEES
FOR THEYEAR ENDED 31 MAY 2024
ACHIEVEMENT AND PERFORMANCE
Charitable activities - contlnued
Computer donatlons - conllnued
11 is pleasing lo record that our FT workshop and warehouse team at H.a. succe5sfvlly lull¥llÈd all the
planned shipmenls to our NGO partners in Africa, in addition to supplying numerou5 local communities and
charilieg throughout Glouceslershire, Ihrough our IT Outreach programme.
Prlson programme
The prison programme al HMP Whitemoor has conllnued lo grow fDllowlng ils rèsumption in March 2022.
The prison coThlribuled lo the charills relurbishment programrne some 708 desktop compulers, an
increase 01222 Dn the previous year. This programme is popular with boih ITSA staff and al the prlsorn,
where inmate5 are given thE opportunity to nol only help school children and commuThlties In Alrlca as well
as those in our own county ol Gloucestershire. bul also learn valuable 5kS11s allowing them to gain
nationally recognised qualSficalion5, which may help thèm gain fulurè tmployment.
Gloucèst•rshlr• IT Outreach programm•
Through our local Glouce51ershire IT Outreach Programrne we donatèd 141 laptops to communily
organisalions in Glouce5ter5hire, with Ihe objective ol reducin9 digital exclusion and social isolallrsn Sn the
ounly. The programme supports disadvanlaged and digitally excluded groups, those who are out of work,
people wilh disabilities. refugee families. youth clubs, low-income families anLI community ce#lres.
ITSA works with the Gltsucestershlre Rural Communily Council IGRCCI. Citizens Advlce, NHS socSal
prescribers. the Gloucestershire Digit81 Hubs Project. District Councils, Know Your Palth and numerous
other local organisalions lo ensur• we reach members ot thè tommunity who can be the most dlfflcult lo
reach.
In total 48 organisalions {benelilling 3,649 members of Ihe communilyl were suppjrled durlng thè year.
wilh reclpients Irom the GRCC'S Daisi project. the All Nations Comrnltnity Centre, the Nelson Trust, the Rock
Youth Charity, the Independen¢e Trust, Ihè Honour Thy Woman charity, the Churn Projecl, Forest Pu15e,
NÈwent Men's Shed and Homestart Stroud. as well as referred relugee lamilies and indivlduals lrn need.
We know through our research and from listening lo our 1g¢al communltles that dlgital exclvsion impacts
on opporlunilie5, well-being and the chance lo lully parlicipale in society. And in our ever-connecled digital
world, as more sèrvices such as employment. heallhcare and education move online, Ihè urgèncy to reduce
digital poverty has nevqr b•en greater.
Volunteer Programme
We were delighted Ihat a lurlher 76 volunleers were able lo work in both the charitls IT workshop and
warehovse. in addition to helping with a number cl office lunttions, represènling a 55°A increase on Ihe
previous year.
Wilhovl these wonderlul and sèlfless volunteers, we would struggle ID fulfil our
commitments to our Programmes in Africa and in Ihe UK. So not only does the charity benellt but
volunteers Irequenlly gain uselul skills and experlence lor themselves. olteth going on to lurlher education
and employment.
Fundralslng actlvltles
Our hearllelt appreciation goes lo all organisations and individuals who have kindly provided financial
contributions. Without this support it would have been impossible to implement such irnporlant work.
changing lives lor Ihe better in all walks of life. The contributions ol major dorbof5 are on page 12.
Page 6

THE ￿SA DIG￿AL TRUST
REPORTOFTHETRusfEES
FOR THEYEAR ENDED 31 MAY 2024
FINANCIAL REVIEW
Financial rvview
The charity has successlully navigaled Ils way through the variou5 financial challenges that have arisen
during the lasl lew yeafs. This is principally due to the tremendous continuing support from regular and
new donors as well as the ellorls by all the slafl to deliver the charitable objeclives in an eflicienl. cosl
elleclive manner.
The results lor the year show a surplus on unrestricted a¢tivity before translers ol nearly £50.000,
compared to a deficit ol Over £IOO,000 in Ihe previous year. a tremendous turnaround in the charity's
lirnancial perlormance. The Iruslees chose lo apply this surplus lo the Diglbus project, which Is accounted
lor under restricted funding and which therelare required a transler ol É51.262 in respect ol that support. 11
leaves the charity with £95.139 DI unrestricted funds at the end ol the financial year {2023.' É96,3051.
Reslricled funds report a delicll for the year lo 31 May 2024 as the charlly Spent funds durlng the year that
had bèen retelved in a previous actountiny period. At the year-end, the charily had £59,12412023.. £70,956)
ol reslricled lurbd income that it will apply lo the relevanl projects in Ihe year to 31 May 2025 and potentially
beyond.
Following a revièw ol the Oigibus project il was recognised that the programrne shoLtld be pul bolh'on hold,
and restructured at the year end. trustees having prèviously agreed to support the programme out ol
un-reslrlcled lunés on an interim basis whtlsl external funding was secured early in the followlng year.
Cumulative Talal Funds al the 31 May 2024 are in aggregate a healthy £154,263 {2023.' £167,261) whlch
provides a robust platlorm lor the charity lo operale from in lulure years.
Rèsèrv•s pollcy
The truslees continue lo monitor closely the level ol lunding required by the charfty and io lake approprlate
action lo generate this luThding. The Iruslees consider the current level ol accLtmulaled reserves, coupled
wllh lunding streams presently in place. Ic be adequate lo support the ¢haritls principal aclSvilles.
Inv•slm•nl pollcy and abl•cllv•s
Due to the relatively low level ol lunds available for inveslmenl the Iru51ee5 consSder that bank depDsils
prgvlde a sa1151aclory return lo the ¢harS1y.
FUTURE DEVELOPMENTS
ITSA will conlirnue lo delivèr its succèssful projÉcls in Alrita and thè UK, looklng lor opportunities to assist
even more st￿dentS and teachers and Ihuse who are in need DI digital educalion through the schools, local
communities. To broaden ils impact. the charity is likely lo engage with more buslnesses and lo recruil
additional Iruslees.
ITSA also intends to form additional partnerships in Africa. so that compulers may be supplied to even more
schools in olher countries.
It is hc*ped that thè programme with HMP Whitemoor will grow lurther and that perhaps other HM Prisons
might once again choose to engage with the charily's programmes.
During Ihe tollowing 12 mDllths ITSA would likp to launth a business club which will provide mulual support
both for busirsesses and the work ol the charily.
As the charity look5 to expand it5 impact further afield. il will continue to fulfil its mission which is to
"transform lives through digital education" both in Alrica and the UK, allowing more and more people lo be
lilted oul ol what is called Ihe 'digilal poverty Erap"
Page 5

THE rrsA DIGrrAL TRUST
REPORT OFTHE TRUSTEES
FOR THE YEAR EhlDED 31 MAY2024
STRUCTURE. GOVERNANCE AND MANAGEMENr
Governing document
The charity is intorporated as a campany limited by guaranlee and therefore it has no share capital. 11 is
governed by its Memorandum and Arlicles of Association dated 21 April 2011. In the event ol the CDrnpany
being wound up and the liabilities and windaThg (tp expenses being in exces5 01 assets. the liability Lil each
member 15 limited to £1.
Recruilm•nt and appoinlmenl of n•w Iruslees
The power lo appoint Thew Iruslees is vested in survlving and tonlinuiny trusteès.
Orgonisotional struclur•
The charity is coThlrolled by a eoard ol Iruslee5 whlch meels on a regular bas15. Names ol the Iruslees and
dvisers lo the charity are shown on page l ol these financial slalemenls.
R•laled p•rtle8
The charity has a Iradlng subsidlary, ITSA Educalion Limited, which was formed in 2008 lo pravide lunds Sn
support ol the acllvilies carried on by this charity. Details ol other related party transactions are shown in
nole 19 to the linancial stalemet)ts.
Rlgk manag•m•nl
The trustees have a duly lo Idenlily and revi?w the risks lo which the charity Is exposed and te insure
approprlile Controls are in place to provide reasonable assurance against Iraud and error.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees Iwho are also the direclors ol The ITSA Digital Trust lor the purposes ol company lawl are
responsible lor preparing the Report of the Trustees and the linancial statemenls in accordance with
applicable law and United Kingdom Accounting Standard5 Iunlled Kingdom Generally Accepted A¢¢ounllng
Pra¢lS¢el.
Company law requlres ihe trustees lo prepare linancial slalemenls lor each linancial year which glve a
true and lair vSew ol the 51ale pl allalr5 01 the ch?rltable ¢ompany and ol the Incoming resources ar*d
appll¢allon ol resour¢e5, Sncludin4 the Sn¢ome and expendilure, ol the charitablè company for thal period. In
preparlng those linancial statements, the trustees are required to
sElect suitable accounting policiès and thèn apply them conslsltnlly.
observe the mEthuds and principles in the Charity SORP..
make judgemenls and eslimales that are reasonable and prudent.,
prepare the financial slalemenls on Ihe going toncem basis unless il is inappropriate to presume that
the charitable company will continue in business.
The trustees are responsible lor keeping proper accounting records which d15c105e with reasonable
accura¢y al any lime the liThanclal p0511bon ol the charitable company and to enable thèm to ensure that the
Ilnancial stalemenls comply with the Companies Act 2006. They are also responsible for safeguarding the
assets ol tho charitable company and hence for taking reasonable steps for the prevention and detection ol
fraud and oiher irregularilies.
This reporl has been prepared in accordance wilh Ihe special provisions of Parl 15 01 Ihe Companies Att
2006 relating 10 Small companies.
Approved
order ol the board ol truslees on 31 October 2021 and signed on ils behalf by.
M R Ratclille MBE - Truslee
Page 6

INDEPENDENT EXAMINER'S REPORTTO THETRUSTEES OF
THE ttSA DIGITAL TRUST
IndepEnd•nt examiner's reporl to the trustees of The ITSA Digital Trust rthe Companll
I report lo the charily Iru51ees on my examination ol Ihe accounts ol the Company lor the year ended
31 May 2024.
Rosponsibilili•s and basis ol report
As the charity'5 Iruslee5 01 the Company land also its directors for the purposes ol company lawl you are
responsible lor the preparation of the accounts in accordance with the requiremen15 of the Companies Act
20061.lhe 2006 Acl'l.
Having satislied myself Ihat the ac¢ountS DI the Ctsmpany are not required to be audited under Parl16 01 Ihe
2006 Acl and are eligible for independent examination. I report in respect ol my examinatiorn ol yDur
charity's accounts as carried out under Section 165 ol the Charities Act 2011 I'ihe 2011 Act'l. In carrying out
my examination I have followed the Directions given by Ihe Charity Commission under Section 145151 Ibl ol
the 2011 Acl.
Ind•p•nd•nt •xaminees gtalemenl
Since your charllls gros5 Int¢mè exceèded £250,000 your examiner musl be a member of a listed bvdy. I
can confirm that l am qualified to undertake the examination because l am a member ol the Institute ol
Chartered Accounlanls in England and Wales, which is one ol Ihe li51ed bodies.
I have Completed my examinalion. I confirm Ihal no mallers hav• come lo my allenlion In connection with
the examlnatlon yivlng me cause to believe..
accounting records were not kepl in respe¢l ol Ihe Company as required by S•ctien 386 01 the 2006
Act., or
the accounls do nol accord wilh those record5; or
the accounts do not comply wllh the accounting requirements of Section 396 01 Ihe 2006 Act oiher
than any requlremenl Ihal thé atcounts give a Irue and lair view which is not a malter considered a5
parl ol an indepèndent examlnation.. or
the accounls have not been prepared in accordance with the mèlhods and principles of Ihe
Statement ol Recommended Practice for accounting ènd reporting by charities lappllcable lo
charS1ies prépariThg thèir accounts in accordance with the Financlal Reporting Standard appllcable In
Ihe UK and Republi£ ol Ireland IFRS10211.
I have no concerTr5 and have ¢ome across no olher matters in connection with Ihe examination lo whlch
allenllon should be drawn in Ihis report in order to enable a proper understanding DI the accounts tts be
reached.
Roger Downes FCA
8K Plus Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL519TX
31 October 2024
Page 7

THE rrsA DIGtrAL TRUST
STATEMENT OF FINANCIAL ACMVITIES
FOR THE YEAR ENDED 31 MAY 2024
31.5.24
Tolal
lunds
31.5.23
Tolèl
funds
Unrestricted Reslricted
fund
funds
Noles
INCOME AND ENDOWMENTS FROM
Donations and legacies
66,396
209,296
275,692
2?d,328
Other trading activitie5
Investment income
145.843
145,843
39.583
Tolal
212.2I&
209.296
421.54D
315,911
EXPENDITURE ON
Ral$ing funds
17,172
17,172
19,073
Charitabl• acllvlll•s
Charitable
144.976
272.390
417,366
395,819
Total
162.148
272.390
434.538
414,892
NET INCOMEI(EXPENDITUREI
Transl•rs b•lw••n funds
50,096
151.2621
{63.0941
51.262
112.9981
198,9811
17
N•t mov•m•nt In lund#
11.1661
{11,8321
112,9981
198,9811
RECONCILIATION OF FUNDS
Total lund5 brought forward
96.305
70,956
167,261
266,242
TOTAL FUNDS CARRIED FORWARD
95.139
59.124
154,263
167,261
The Doles form parl of these financial slalemenls
Paye 8

THE ITSA DIG￿AL TRUST
STATEMENTOF FINANCIAL POSITION
31 MAY 2024
31.5.24
Total
lunds
31.5 23
Total
funds
Unrestricted Restricted
fund
funds
Notes
FIXED ASSErs
Inve51menls
12
CURRENT ASSErs
Debtors
Cash al bank and in hand
13
170.645
817
S9.124
229,769
817
2D&,959
14.356
171.462
59.124
23LI,586
219,315
CREDITORS
Amounts falling due within one year
14
166,32&)
166,324)
132,0551
NET CURRENT ASSErs
105,138
59.124
164.262
187.260
TOTAL ASSEfs LESS CURRENTLIABILMES
105.139
59,124
16&.263
187,261
CREOITORS
Amounts lallinu due aller more Ihan one
year
15
110,000)
110,DOO)
120,0001
NFr ASSEfsiiLIA8ILmESI
95.139
59.124
154,263
167,261
FUNDS
Unreslricled funds
Reslrl¢led funds
17
95,139
59.124
96,305
70,956
TOTAL FUNDS
154,263
167.261
Th8 charitable Company 15 eThlilled lo exemption from audil under Section 477 of the Companie5 Act 2006
lor the year ended 31 May 2021b.
The members have not required the company to obtain an audit of its financial statements lor the year
ended 31 May 2024 in accordance wilh Section 676 of the Companies Act 2006.
The trustees acknowlèdge their responsibililies for
lal
ensuring that Ihe charitable company keeps accounting records that comply with Sections 386 and
387 01 the Companies Act 2006 and
Ibl preparlng financial slatemènts which give a Irue and lair view of ihe state ol allairs ol the charitable
company as at Ihe end ol each linancial year and ol ils surplus or deficit lor each financial year in
accordance with the requirernenls ol Seclions 394 395 and which otherwise comply with the
requiremenls ol Ihe CDmpanies Acl 2006 relaling lo lÉnancial statements. so far as applicable to the
charitable company.
The notes form part ol these financial slalemen15
Page 9
corlinued...

THE ITSA DIGITAL TRUST
STATEMENT OF FINANCIAL posmoN - conlinued
31 MAY 2024
These financial slalemenls have been prepared in accordance with the provisions applicable lo charitable
companies sijbject to the small companie5 reuime.
The financial slalemenls were approved by the Board of Trustees and aulhorised lor issue on
31 October 2024 and were signed on ils behall bw.
M R Ralclille MBE Trustee
The notes forni part of these financial slatements
Page 10

THE ITSA DIGITAL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THEYEAR ENDED 31 MAY2024
ACCOUNTING POLICIES
Basls of prèparlng thè financial stal•m•nls
The financial statements ol ihe charitable company, whtch is a publit benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by
Charities.. Statement ol Recommended Practice applicable to charities prepartng their account5 In
ccordallce with the Financial Reporting Standard applicable in the iJK and Republic of Ireland IFRS
IC121 lelleclive l January 20191., Financial Reporting Standard 102 The Financial Reporting Standard
applicable in the UK and Republic ol Ireland, and the Companies Act 2006. The financial slalemenls
have been prepared under the historical cost convenlion. with the exception ol inve51menls which
are irncluded al market value.
Solng concern
As a result of the positive actions that have been laken over the last couple ol years, the tharily
remains in a relalively stable financial position al Ihe year-end. However. Ihe Irustees chose to
supporl the Dlgibus project out ol unrestricted ltsnds in the year under report and the charity 15
currently operating with a bank overdrali.
The Iruslees have considered Ihe cash flow requlremenls ol the charily lor a period ol twelve
months from the date ol approval ol these linanrial statements against ils business plan for that
period and remain tonlidÈnl that, despite the ongoing uncertaintl05 01 the current economic climate,
they will be able to raise sullicienl IvThding to ersable the charity lo continue with ¢vnliden¢e and
secvrily. As a result, the Iruslees consider the charity lo be • going coNc•rn and have prepared the
Ilnancial slalement5 on thal basis.
Pr•p4ratlgn ol consolld•t•d Ilnanclal ¥l•l•m•nl•
Thfr financial statements contain inlormation aboul The ITSA Digilal Trust as an Indlvldual company
and do not tontèlD consolidated financial inlormalion as Ihe parent of a group. The charity Is exempl
under Section 39912AI ol the Companies Act 2006 from the requirements lo prèparè consolidated
financial slalemenls.
Incom•
All income Ss recognised in the Stalemenl ol Financial Activities once the tharlty has Èntltlemenl to
the funds. il 15 probable that the income wlll be re¢elved and the amount can be measured reliably.
Expèndltur•
Liabilities are recognised as expendilure as soon as there Is a legal or constructive obligation
committing the charity lo that expendilure. it is prDbable that a Iransler ol economic beTrelils will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounled lor an accruals basis and has been classilied under headings that aggregatè all cost
related to the calegory. Where cosls cannol be direclly attributed to particular headings they have
been allocated to activitiès on a basis consislent with the use ol resources.
Taxatlon
The charity is exempl from corporallon tax on its charitable activities. 11 is not. however, exempt
from VAT and Irrecoverable VAT is included in the cost ol those items to whirh il relates.
Fund accounling
Unrestricted funds can be used in accordance with the charitable objettives at the discretion Df Ihe
trustees.
Restricted funds can only be used lor particular restricled purposes wilhin Ihe objects of Ihe charity.
Restrictions arise when specified by the donor or when funds are raisèd ltsr parlicular restricted
purposes.
Further èxplanation ol Ihe nature and purpose of each fund És included in the notes to Ihe financial
stalements.
Page 11
continued...

THE rrsA DIGrrAL TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY2024
ACCOUNTING POLICIES - continued
Penslon costs and other posl-rellrement benellt5
The charitable company Dperates a defined Contribution pension scheme. Contributions payable lo
the charitable CoMpan￿S pension scheme are charged lo the Statement ol Financial Aclivilie5 in the
period to which they relate.
OONATIONS AND LEGACIES
31.5.24
31.5,23
Donations
Grants
255.692
20,000
265,495
10,833
275.692
276,328
Major donors
Foundation Eagle
8¥IT Trust
Acces5 Foundation
Nominet Members Grant
The Haramead Trust
Glouteslershiré CC
Marllrn Diamon
Glouceslershire CommunSly Foundation
Big Give
Edward Cadbury Trust
MJB Charitable Trust
Tabhair Charitable Trust
Scolt (Eredinel Charitable Trus1
Tabholr Charitable Trusl
Donations less than £5.000
79,129
40,000
20,000
20,000
10,000
7.500
7,000
10,000
5,536
5,000
5,000
5,000
5,000
5,000
66,527
Grants received. in¢luded in the abr*ve. are as lollows..
31.5.2&
31.5.23
National Lottery
Nominel Members Grant
10.833
20,000
20,000
10.833
Page 12
CDntinued...

THE ITSA DIGITAL TRUST
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 MAY 2024
OTHER TRADING ACTIVMES
315.24
31.5,23
Dividend from tradiny subsidiary
Other income
Costs lunded by 5ubsidTrary
137,510
2,872
5,461
18.211
21,357
145,843
39,583
INVESTMENTINCOME
31.5.24
31.5.23
Oeposil account interest
RAISING FUNDS
R3l¥lng donatlons and legacl•s
31.5.24
31.5.23
Fundraising costs
17,172
19,073
CHARifABLE AcrvrriES COSTS
Dire¢l
Cosls (see
note 71
Support
costs Isee
note 81
Totals
Charlt3ble
414,874
2,492
417,366
DIRECT COSTS OF CHARITABLE ACTIVITIES
31.5.24
31.5.23
Slalf costs
Rates and water
Insurance
Light and heal
Telephone
Postage, stationery and advertising
Suridries
Carriage
Repairs and renewals
Computer cosls
Rent
Maintenance
Travelling and subsistence
Digibus project costs
Professional lees
Bank charges
Service charges
Teacher Traininy PrDject C051s
194.848
4.571
4.422
15,960
2,210
901
2,699
12,308
666
7.639
36,149
3,617
172
ID1,210
3,566
497
7,155
16,280
190,853
6.376
4,503
IU,166
1.676
1,519
2.589
10,647
21
5,390
36.149
4,285
471
101.240
307
7,122
9,804
41&,87&
393,118
Page 73
continuEd...

THE ITSA DIGITAL TRUST
NOTES TO ThE FINANCIAL STATEMENTS - contirtued
FOR THEYEAR ENDED 31 MAY2024
SUPPORT C05rs
Govèrnance
costs
Finance
Totals
Charitable
637
1.855
2,492
Support costs. included in the above. are as lollows.-
31.5.24
31.5.23
Total
Charllable
Inleresl payable and Similar charges
Independent examination fèés
637
1,855
887
1,814
2,492
2,701
TRUSTEES. REMUNERATION AND 8ENEFITS
There were no Iru51ees' remuneration or othèr bènelils lor the year ended 31 May 2024 nor lor the
year ended 31 May 2023.
Truil•••' •xp•ns•s
Ther¢ were no Iruslees, expenses paid lor the year ended 31 May 2024 nor lor the year ended
31 May 2023.
ID.
STAFF COSTS
The average monlhly number of employees during the year was as lollows..
31.5.2
10
31.5,23
Charllable activities
No employees received èmoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unreslricled Reslricled
lund
funds
Total
funds
INCOME AND ENDOwmE￿s FROM
Donations and legacies
46,879
229,449
276.328
Other Irading aclivilles
39.583
39,583
TotaL
86,462
229,449
EXPENDITURE ON
Raising funds
19.073
19.073
Charitable a¢tiviti•s
Charitable
179,725
216.094
395,819
Total
198.798
216.094
414.892
Page 14
continued...

THE rrsA DIGITAL TRUST
NOTES TO THE FINANCIAL STATEME￿rs- continued
FOR THE YÉAR ENDED 31 MAY 2024
COMPARATIVES FOR THE STATEMENT OF ￿NANCIAL ACTrVmES- conlinued
Unrestricted Rèstricted
fund
funds
Total
lund5
N￿INcomE/{EXPEND1TuRE)
Translers between lund5
{112.3361
{12.3791
13,355
12,379
198,9811
Nèl movèment In lunds
1124.7151
25,734
198,9811
RECONCILIATIOM OF FUNDS
Total lund5 brought forward
221,020
45.222
266,242
TOTAL FUNDS CARRIEO FORWARD
96,305
70,956
167,261
12.
FIXED ASSET INVESTMENTS
Shares in
group
underlaklngs
MARKET VALUE
At l June 2Q23 and 31 May 2024
NET BOOK VALUE
Al 31 May 2024
Al 31 May 2023
There were no inve51menl assels oulside the UK.
The company's inveslments al the balance sheet dale in the share ¢apilal of companies include tho
lollowing..
ITSA Educallon Llmlted
Reglslpred ollice.. Wolseley House, Oriel Road, Chellenham. Gloucestershire. GL50 ITH
Nature ol business.. IT TrainiThg & Education
Class ol share:
Ordinary
holding
100
Ouring the year profits were paid up lo the Charity by way ol dividend under deed ol covenant from
its trading subsidiary. ITSA Education Limited, 91 £137,51012023: É18.211}.
Page 15
continued...

THE ItsA DIGrrAL TRusr
NOTES TO THE HNANCIAL STATEMEMfs - continued
FQR THEY£AR ENDED 31 MAY 2024
13.
DEBTORS.. AMOUNTS FALLSNG DUEWtrHIN ONEYEAR
31.5.24
315.23
Due from subsidiary
Prepèymenls and accrued income
224.791
,978
197,621
7,338
229,769
204,959
14,
REDITORS- AMOUNTS FALLING DUEWITHIN ONE YEAR
31.5.24
31.5 23
Bank loans and overdrafts (see note 161
Trade creditors
Social security and other taxes
Olher creditor5
Accruals and deferred income
34,685
19,248
2,915
2,836
6,640
10,ooD
8.649
3,340
1.136
8.930
66,324
32,055
15.
CREDITORS.. AMOUNTS FALLING DUE AFfER MORETHAN ONE YEAR
31.5.24
31.5.23
Bank loans Isee note 161
10,000
20,OQO
16.
LOANS
An analysls of Ihe maturily ol loans Is given belo￿.
31.5.24
31.5.23
Amounts falling due within one year on demand..
Bank overdralls
Bank loans
24,685
10.000
10,000
34,685
10,000
Amounts falling between one and two years:
8ank loans
10,000
20,000
Page 16
continved...

THE ITSA DIGITAL TRUST
NOTES TO THE FlhtANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 MAY 2024
17.
MOVEMENTIN FUNDS
Nel
movement
in lund5
Transfers
belweern
funds
Al
31.5.24
At 1.6.23
Uhreslrlcted lunds
Gtneral fund
96.305
50,096
151,2621
95,139
Reslricled lunds
Belt Trust
IT Teacher Training programme
Zambla
Dlgibu5 ProSecl
Big Give Christmas Challenge
Entrepreneurial skills Malawi
Malawi Slarler Pack scheme
IT Lab PrDject Malawi
IT Teacher Training programme
Zimbabwe
Kenya Shipping C0519
18.889
f1391
18.150
3.500
13.5001
151.2621
51,262
1.662
25.955
7.250
1,662
125,9551
17,2501
33,810
33,810
8.700
5.000
18,1981
502
5.000
70,956
163,0941
51,262
59,124
TOTAL FUNDS
167.261
112,9981
154,263
Nel mov•m8nl Sn funds, Included in Ihe abovè are as follows:
Incoming
rtsourcès
Resr*ur¢es
expended
Movement
in funds
Uhr•$lrltt•d lunds
General fund
212,244
1162,1481
5Q,096
Reslrlcled lunds
8eit Trusl
IT Teacher Training programme
Zarnbia
IT Lab Projèct Zimbabwe
Tech Connect
Digibus Project
Zambia '8kJy One Gel One, stheme
Entreprèneurial skills Malaw
Malawi Starler Pack scheme
IT Lab Prcsjecl Malawi
IT Teacher TralnSny programme
Zimbabwe
40,000
{&0.7391
391
12.780
4.500
io.000
9,952
2.250
116,2801
14.5001
110,0001
13,5001
151,2621
12,2501
125,9551
122.6151
137.9391
125,9551
Cl,2501
33.810
15,365
71.749
2.700
110.8981
{8,1981
209,296
1272,3901
163,0941
TOTAL FUNDS
421.540
(434,5381
112.9981
Page 17
continued...

THE rrsA DIGrrAL TRUST
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THEYEAR ENDED 31 MAY 2024
17.
MOVEMENT IN FUNDS - conlihue41
Comparallves for movemenl in lunds
Nel
movement
In lunds
Transfers
betwee
lunds
At
31.5.23
Al 1.6.22
UThr•3lricted funds
General fund
221.020
1112,3361
112.379)
96,305
Restricted funds
Bell Trust
IT Teacher Tralning programmè
Zambia
Digibus Project
Big Glve Christmas Challenge
Enlrepreneurial skills Malawi
Malawi Slarler Pack scheme
IT Teacher Trainlng programme
Zimbabwe
Kenya Shipping Costs
20,544
11.6551
18,889
3.004
496
(12,3791
3,500
12,379
13,374
8.300
1,662
25.955
7,250
7.250
8,700
5.000
8.700
5.000
45,222
13,355
12,379
70,956
TOTAL FUNDS
266.242
{98.9811
167,261
Comparative nèt movemÈnt in funds. included in thè èbove are as follows..
Incomlng
resour¢es
Resources
èxpendèd
Movement
in funds
Unr•slrict•d fvnds
General fund
B6,462
{198,7981
1112.3361
R•slrlct•d fvnds
Bell Trust
IT Teacher Train4ng programme
Zambi
Tech Connect
Digibus Project
Biy Give Christmas Challenge
Entrepreneurial ski115 Malawi
Malawi SlartEr Pack scheme
IT Lab Project Malawi
IT Teachèr Training programme
Zimbabwe
Kenya Shipplng Costs
35,000
{36.6551
11.6551
10,300
39,30D
88,861
19.804}
139,3001
1101,24DI
496
(12,3791
17.655
7.2SO
17,383
17,655
7,25Q
117,3831
8,7QO
5.000
8,70Q
5,OOQ
229,449
{216,Q941
13,355
TOTAL FUNDS
315,911
1414.8921
198,9811
Page 18
continued...

THE fTSA DIG￿AL TRusr
NOTES TO THE FINANCIAL STATEMENTS- cont5nued
FOR THEYEAR ENDED 31 MAY 2024
17.
MOVEMENT IN FUNDS - continued
Bell Trust
Generou51y provide specific lunding lor transporl and related costs to ship rr equlpmenl from
Cheltenham to the various African country programmes.
IT Teacher TraSnlng in Zambla
Provision ol ICT training courses lor teachers and school leaders in Zambia, delivered by ITSA'S
in-country partner Compulers for Zambian Schoo15, to improve digital eitu¢atign in schools.
Tech Connect
Our local outreach project in Gloucestershire where we provlde good quallty refurbishèd IT
quipment and lechnical support lo local organisalioThs, cornmtsnily c2ntre5. job clubs, schcols.
refugee groups, coding and youth clubs all supporting rnarginalisEd and disabled groups and recruit,
train and managè a tohorl ol Digital Champions to assist individuals with their digital 5klll5.
Dlglbus Projecl
Our Prolecl Manager and tèam ol trainèrs continued to prov5de Iree-of-charge IT Support and skllls
Iralnlfig lo cit12ens ol all agès throughout GIoLtrcestershire. wilhin our mission lo reduce dlgllal
dèprivation by giving people in the UK and Alrica greater acce55 to IT equipment and IT skills.
Blg Glve Chrlstmo5 Challenge
Participation in the annual Big Give Chrlslmas Challenge enabled ITSA lo ralse funds towards Ils
Slarler Pack programme, providing sels of 10 refurbished computers lo low-incom• Schools in
Malawi.
Entreprenturlal Skllls Malawl
The objective ol the project is lor sludenls lo gain vocational and enlrepreneLtrlal skills wilh the alm
ol improvlng Ihelr future livtlihoods.
Malawl Starter Pack Sch•m•
The scheme is to provide sels 0110 refurblshed compulers lor low-income schools in Malawl.
IT Lab ProSocl Malawl
Tho project is lo provlde lull IT labs lo low-lncome schools In Malawi, complete with 30-50
relurbished and networked computers. a laplop lor Ihe teacher. a projeclor and inlernel conneclivity.
IT Teachor Tralnlng In Zlmbabwe
Provision of ICT training courses lor leachers and school IEaders in Zimbabwe. delivered by ITSA.
in-counlry partner IT Education Zimbabwe. to improve digital education in schools.
Kenya Sh5pplng Cosls
Shipment costs lor computers sent to Kenya.
Zzmbla 'Buy One Gel One. schem•
Set up to eThcourage more schools. e5Petially those in the more disadvantaged, rural area5 01
Zambla, to Invest in IT èquipmenl. The computers give pupils, teachers and the wider comMuNity
access to basic IT skills and inlormation acces5.
IT Lab Project Zimbabwe
The project is to pfDvide full IT labs to low-income schools in Zimbabwe, tomplete with 30-50
refurbished and networked computers. a laptop for the teacher. a projector and internel connectivity.
Page 19
continued,..

THE ITSA DIGrrAL TRUST
NOTES TO THE FINANCIAL sTATEME￿[s- continued
FOR THEYEAR ENDED 31 MAY 2D24
17.
MOVEMENT IN FUNDS - conlinu•d
Translers between funds
Transfers are made between reslricled and unrestricted funds al Ihe end ol every accounting
period cases where..
il the activity ol the restricted ItFnd has come lo an end and there is an unspent balance that is not
repayable lo the lunderlsl, when the surplus is Iranslerred to unrestricted funds., or
ill the restrictèd fund has come lo an end and Ihere is no prospect ol a surplus in a later period.
when the delicil is eliminated by transfer from unreslricled fund5.
18.
CONllNGENT LIABILMES
Various lunders retain the right lo claw back grants should the use of the funds not be in accordance
wllh the terms ol the grant. In the oplnlun ol the Iru51ees no su¢h liabillly exists at the year end.
19.
RELATED PARTY DISCLOSURES
ITSA Educallon Llmlled
Subsidiary company
Durlng the year proflls were pald up Its the Charlty by way ol dlvidend under deed of covenant from
115 trading 5ub5idiary, ITSA Edu¢otion Limited. ol £137.51012023'. £18,211) and £5,46112023.' £21,357101
Oigibus project costs were incurred in and lundEd by Ihe subsidiary company. At the ytar ènd
£224,79112023= E197,6211 was due Irom the subsidiary.
M R Ratcllffè Consullanls Llmltèd
Related by reason of some common directors
The related p3rly charges expenses lo The ITSA Digital Trust, on an arms length basls. The expenses
charged in the year were É16.392 12023.. £14.2371. Al the year end Ihe charily owed the relaled party
£4.212.
M R Rattllfle Consultants R*tlrèm•nl Benefll Schem•
Relaled by reason ol some common Truslees
The relaled party chargès The ￿SA Diyilal Tru51 rent lor using two of ils properties., this is tharged al
50/4 01 the market value. The related party also charges service costs and other expenses lo The
ITSA Digital Tnjst.. this is al 100% ol the value. The rent and expeThses charged in the year were
£16,27512023.. È16,2751. Al Ihe year end the charity owed the related party E4,069.
M R Ralclilf• MBE
Truslee
The related party charges The ITSA Digilal Trust renl for using two of his properties arbd service
charges for four of his properties,. this 15 charged at market value. The total charged in the year wa5
£26,99712023. £26.9971.
Page 20