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2021-08-31-accounts

Action Tutoring Ltd

Annual Report and Financial Statements for the year ended 31st August 2021

Registered Charity Number 1147175 Company Number 08105978

Action Tutoring, The Dock, Tobacco Quay, Wapping Lane, London E1W 2SF

Contents

Trustees’ Report:

Trustees’ Report:
From the Chair page 3
Charitable aims and objectives page 5
Delivery of aims and objectives page 6
How the activity delivers public benefit page 7
Summary of activity page 7
Impact page 9
Fundraising activity page 13
Funders page 15
Financial review page 16
Structure, governance and management page 18
Future plans page 19
Legal and administrative details page 20
Statement of Trustees’ responsibilities page 21
Independent auditors’ report page 23
Financial Statements:
Statement of Financial Activities for the period ended 31
August 2021		 page 27
Balance Sheet as at 31 August 2021 page 28
Statement of cash flows for the period ended 31 August
2021		 page 29
Notes to the financial statements for the period ended 31
August 2021		 page 30

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TRUSTEES’ REPORT

From the Chair

We began the year optimistically as we returned to the classroom after nearly seven months away, delivering face to face programmes and officially launching our online programmes.

We were delighted to be accepted as a National Tutoring Programme (NTP) Tuition Partner in November 2020. The NTP received a large volume of applications and each went through a rigorous selection process to assess their quality and impact, only a small number were approved. We welcomed this recognition of tutoring as an effective intervention and the opportunity for it to become widely available. Action Tutoring has worked closely with other members of the FEA tuition advocacy group to ensure successful uptake of the NTP.

The NTP enabled Action Tutoring to scale its growth significantly, at a rate that couldn’t have been achieved on our own. We were able to double in size and double our reach as a result. This included launching programmes in new areas including Coventry and Derby.

Unfortunately, in January, with the announcement of school closures and the national lockdown we had to pivot again. Within two weeks we launched a fullscale home-based tutoring programme, adapting to new safeguarding, accessibility and technology requirements. This swift response ensured pupils continued to receive tutoring support even while schools were closed. Around 7,000 hours of tutoring were delivered over this period.

Overall more than 80% of last year’s delivery was online. A remarkable achievement considering the previous year we hadn’t delivered a single programme in this manner. This new method opens up significant possibilities for where we can work in the future.

We were proud to play our part in helping pupils and schools through an exceptionally difficult year. We’re incredibly grateful to the funders who’ve supported us, the tutors who’ve volunteered with us, the schools who’ve partnered with us and the staff team who’ve worked so hard and adapted so willingly to make the best of the year.

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Looking ahead we’re excited to be growing again this year and we are thrilled to be continuing as an NTP Tuition Partner. Our online delivery continues to be a key part of our offer to schools, but we are hoping for a more stable year.

A final note to thank Jen Fox for all her work leading the charity as Interim CEO, maternity cover for Susannah Hardyman, during this year.

Peter Baines, Chair of Trustees, November 2021

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Charitable aims and objectives

Action Tutoring aims to support pupils from disadvantaged backgrounds to achieve a meaningful level of academic attainment, with a view to enabling them to progress to further education, employment or training. It does this by providing high-quality volunteer tutors to work with pupils, increasing their subject knowledge, confidence and study skills.

Action Tutoring seeks to tackle socio-economic disadvantage by making the benefits of tuition more widely accessible, and to enable more young people to reach their potential in life, regardless of their background.

The charity’s aims are to support people in education through:

Action Tutoring works in partnership with non-selective state primary and secondary schools where a higher than average percentage of pupils are eligible for Pupil Premium funding.

Within those schools, Action Tutoring specifically supports the following groups:

Primary schools Secondary schools
●
Pupils eligible for Pupil Premium
funding or pupils who might otherwise
be considered disadvantaged.
●
Year 10 and Year 11 pupils preparing for
their English and maths GCSEs and
Year 7 pupils transitioning from
primary school.
●
Pupils on the grade 42borderline at
GCSE who are at risk of leaving school
without basic qualifications, especially
in English and maths.
●
Pupils eligible for Pupil Premium1
funding or pupils who might otherwise
be considered disadvantaged.
●
Year 5 and Year 6 pupils preparing for
their English and maths SATs.
●
Pupils at risk of leaving school not
reaching national standards in either or
both subjects.

Through the provision of tutoring Action Tutoring aims to achieve the following:

1 This includes all pupils who have been eligible for Free School Meals (FSM) in the last six years.

2 In 2016-17 the GCSE grading system changed to 9-1, with the new standard ‘pass’ grades set at a grade 4.

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Delivery of aims and objectives

Action Tutoring’s programmes are delivered in partnership with schools. A ‘programme’ is a term of tutoring, composed of 8-10 weeks of hour-long sessions with a high-quality volunteer tutor. The schools are responsible for identifying the pupils to take part in the programme and the selection is discussed with Action Tutoring to ensure it corresponds with the charity’s guidelines.

Action Tutoring recruits high-quality volunteer tutors, who volunteer for a minimum of an hour a week for a term, at one of the charity’s partner schools or on an online programme. All volunteers attend an online training and induction session, prior to beginning their tutoring, and complete a DBS check. Volunteer tutors come from a wide range of backgrounds including, but not limited to, university students, corporate employees and retired professionals.

All Action Tutoring volunteers must meet the organisation’s minimum requirements for academic achievements and skills developed: educated to degree level or studying towards a degree, B or above at A Level in the subject they wish to tutor (or a close equivalent), evidence of strong communication skills and some experience of working with young people or a strong understanding of the skills needed to work with young people.

Action Tutoring provides carefully structured resources for volunteer tutors, tailored to the curriculum, that can be adapted to the needs of individual pupils. Quality assuring the delivery of the tutoring sessions, resources, volunteer training and ongoing support is a key priority for the charity. Alongside this, robust impact measurement and evaluation is paramount. This is done in a number of ways: including carrying out baseline and interim assessments with pupils, which also help to inform key subject areas to focus tutoring on; and data sharing and analysis with partner schools including the grades pupils are currently working at and eventual SATs or GCSE results.

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The Senior Management Team and Trustees review the aims and activities of the charity each year to ensure that every area of the work it carries out benefits those the charity seeks to help.

The Trustees confirm they have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to the Charity Commission general guidance on public benefit.

How Action Tutoring’s activity delivers public benefit

Action Tutoring provides the opportunity for disadvantaged young people to benefit from 1:2 tuition, to increase their academic performance, study skills and confidence. It aims to equip pupils to leave school with the grades necessary to either excel at secondary school or to go on to further education, employment or training on leaving school, with the intention of breaking the cycle of poverty and enabling them to contribute to society.

Action Tutoring partners with schools with a higher than average percentage of pupils eligible for Pupil Premium funding, to ensure that the support is getting to the most disadvantaged young people. Schools are then asked to particularly prioritise giving places on the programme to their Pupil Premium pupils.

Action Tutoring supports pupils by providing them with a volunteer tutor who will work within Action Tutoring’s resources framework, to deliver personal tutorials relevant to their pupil’s needs. Pupils referred to Action Tutoring will be at risk of leaving secondary school without basic GCSE qualifications or at risk of leaving primary school without reaching national standards, and would not otherwise have access to private tutoring to support them in their education.

Summary of activity

In 2020-21, Action Tutoring began the year by increasing its delivery in its existing eight cities and launching in Chester in early 2021. In October 2020 the charity officially launched its online delivery, with tutors delivering sessions remotely from across England, Scotland and Wales.

Below is a summary of the total number of sessions delivered, pupils supported and tutors volunteering in 2020-21, including during local and national lockdowns and school closures. Percentage increase on the previous year is shown in the brackets:

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Region Total tutors* Total tutors* Total pupils* Total sessions
(pupil
perspective)		 Total sessions
(pupil
perspective)		 Total session
(tutor
perspective)
Birmingham 228 (+95%) Secondary: 296
(+110%)
Primary: 320 (+364%)		 Secondary: 1,858
Primary: 4,233		 2,135
Bristol 245 (+88%) Secondary: 366
(+239%)
Primary: 264 (+138%)		 Secondary: 2,825
Primary: 3,111		 2,928
Chester** 17 Secondary: 110
Primary: 22		 Secondary: 891
Primary: 252		 137
Liverpool 66 (-13%) Secondary: 368
(+130%)
Primary: 20		 Secondary: 2,591
Primary: 236		 657
London 1,054 (+89%) Secondary: 807
(+58%)
Primary: 1,584 (+161%)		 Secondary: 6,951
Primary: 26,081		 12,181
Newcastle 151 (+144%) Secondary: 186 (+116%)
Primary: 205 (+1039%)
Secondary: 1,665
Primary: 2,811		 1,930
Nottingham 116 (+300%) Secondary: 197
(+228%)
Primary: 70 (+%)		 Secondary: 1,152
Primary: 725		 1,071
Sheffield 155 (+172%) Secondary: 270
+(207%)
Primary: 20 (-17%)		 Secondary: 2,013
Primary: 266		 1,555
Sussex 135 (+96%) Secondary: 273
(+221%)
Primary: 150 (+266%)		 Secondary: 2,116
Primary: 1,970		 1,662
Non-AT Region 582 --- --- 7,507
Total*** 2,749 (+150%) Secondary: 2,873 (+132%)
Primary: 2,655 (+205%)
Total: 5,528 (+162%)		 Secondary: 22,062
Primary: 39,685
Total: 61,747		 Total: 31,763
***2019-20 figures were significantly
impacted by school closures, %
increase shown in brackets
*attended at least one session this
academic year.		 **Action Tutoring launched in
Chester in 2021, so there is no
previous comparison data for this
city.		 ***2019-20 figures were significantly
impacted by school closures, %
increase shown in brackets

Action Tutoring’s programmes are delivered in partnership with schools. A ‘programme’ is a term of tutoring, where hour-long ‘sessions’ are delivered at the same time every week for 8-10 weeks.

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Each programme consists of approximately 8-10 volunteer tutors working with up to 20 pupils for a term. In 2020-21 most schools initially opted to run either two or three programmes over the course of the year. Programme delivery was disrupted after the Christmas holidays following the school closure

announcement. After a swift transition Action Tutoring was able to restart the majority of its programmes, over 170, and support pupils whilst they were at home.

Whilst attracting new volunteers will always need to be a priority, ultimately the charity wants to encourage people to remain as volunteers, reducing the need for continued recruitment over time. In addition to doing more than one term of tutoring, some volunteers also volunteered on more than one programme during the same term. The majority of the primary school programmes ran before working hours, providing a viable volunteering option for many of the corporate volunteers who work full time.

Of those pupils supported, 72% were eligible for Pupil Premium funding (have received Free School Meals in the last six years). This is from data returned for 96% of the pupils the charity supported.

Of the primary school pupils supported, 84% were working towards or much lower than expected standard in their year group. Of the secondary school pupils supported, 77% began the programme working between grades 3 to 4.

Impact

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Pupil progress and exam results

Pupils sit a baseline assessment at the start of their programme and a progress check in February, roughly halfway through their time with Action Tutoring. Due to the disruption caused by local and national lockdowns and the school closures in the academic year, Action Tutoring only ran progress assessments with just over 500 of the Year 6 pupils it supported.

The chart below shows the % progress made between these two assessments. Positive progress was made in both subjects, matching progress made by pupils in the previous academic year.

Last year GCSE results were decided by teachers (teacher-assessed grades). The results of the pupils Action Tutoring supported last year have been analysed and the headline figures are shared below. Further details will be published in Action Tutoring’s 2020-21 Impact Report.

In the 2020–21 academic year, of those Action Tutoring pupils eligible for the Pupil Premium who attended at least eight tutoring sessions in their subject:

Due to the vastly different methods of awarding grades in 2021 these results are not comparable with previous years; however, a higher proportion of pupils earned grades 4 and above in each year relative to 2019.

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Volunteer, pupil and teacher feedback

Pupils

Pupils were asked to answer the statements below with a number where 1 is ‘Definitely not’ and 10 is ‘Yes, definitely’. The average scores, based on 1,544 survey responses, are shown below:

Tutors

Tutors were asked to answer the statements below with a number where 1 is ‘Definitely not’ and 10 is ‘Yes, definitely’. The average scores, based on 343 survey responses, are shown below:

Teachers

Teachers were asked to answer the statements below with a number where 1 is ‘Definitely not’ and 10 is ‘Yes, definitely’. The average scores, based on 63 survey responses, are shown below:

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Volunteer tutor demographics

In 2020-21 volunteer tutors were recruited from a wide range of sources. All tutors are expected to:

Volunteer applications came from the following main groups:

Additional activity

In January 2021, just a day into the new school term, schools were forced to close again due to the pandemic. Action Tutoring made the decision to continue running tutoring sessions to pupils based at home by switching as many online and in person programmes as possible to home-based delivery.

Action Tutoring had been officially approved by the NTP for this form of delivery. The charity responded swiftly and by introducing new safeguarding measures and working closely with parents and schools to overcome accessibility issues and technology barriers, it was able to start delivering to pupils at home after just two weeks.

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Around 7,000 hours of tutoring were delivered over this period to pupils in their homes before schools reopened in March. The majority of tutoring programmes transitioned to this format.

In the summer Action Tutoring delivered 21 ‘catch-up days’ at schools across the country and online. These took a similar format to the Revision Days the charity ran in previous years. The additional sessions helped 205 pupils to recover from lost learning with a full or half day of tutoring.

At the start of the holidays in July, Action Tutoring ran a summer school pilot at a secondary school in London. Tutoring was delivered in-person, for two hours a day, for five days. Over 30 tutors attended and supported 40 pupils with their maths and English. The pupils had just left primary school, transitioning to the new secondary school in September.

Action Tutoring was announced as a Fair Education Alliance Scaling Award winner in July 2020. Over the last year the charity has benefited from bespoke support to deepen its impact. The prize is a two-year accelerator programme and Action Tutoring is looking forward to the continued support and benefits into 2022.

Further analysis from Action Tutoring’s activities in 2020-21 will be available in the Impact Report, released in spring 2022.

Fundraising activity

The total income for the year was £2,468,472. This represents an increase in income by 73.6% on 2019-20.

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Schools were asked to pay a contribution per programme[3] per term. Total school income for the year came to £491,222. The income from schools covered 23% of the charity’s outgoings.

In 2020-21 Action Tutoring received £1,575,752 in grant income through the National Tutoring Programme (NTP) which covered 75% of the cost of NTP funded programmes.

£59,843 was received in donations, including through participation in mass fundraising events. Grant income (excluding the NTP) for 2020-21 came to £341,357, a decrease of £719,384 (68%) on the previous year - this was a strategic decision and meant we could defer some of our secured funding to future years due to the introduction of the NTP grant. New funders during this period

included Sheffield Town Trust, National Lottery Community Fund, Rothley Trust, John James, Westminster Foundation, EY Foundation, Perry Price Foundation and Bluecoat.

Breakdown of income (2020-21)

No professional fundraisers were used in 2020-21 and Action Tutoring has not received any complaints regarding its fundraising activities. All fundraising is carried out by the Chief Executive Officer and the Partnerships and Fundraising Manager, supported by other staff.

3 Each programme consists of 8-10 volunteer tutors working with up to 20 pupils, for a term.

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Funders

Action Tutoring is incredibly grateful to the following grant and donation providers for the generous support they gave in 2020-21:

Regional

Donations

In addition, Action Tutoring is grateful to the individuals who supported the charity with donations, and to those who undertook fundraising events throughout the year.

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The generous co-investment from Impetus and Centrebridge was part of a three-year partnership, originally signed in May 2018.

The funds from Wellington, Hibbert, Montpelier, EQ Foundation, Impetus and Orp Foundation were unrestricted and contributed to the core running costs, which are vital for the charity to operate and deliver.

Action Tutoring participated in a number of fundraising activities this year including the Big Give Christmas Challenge in December 2020 and a number of supporters participated in the London 10K, raising funds for the charity.

In February, Action Tutoring joined EasyFundraising allowing customers to fundraise for the charity through their online shopping. The charity also ran a fundraising campaign in May to celebrate its 10th year of running tutoring programmes.

Financial review

The total income for the year was £2,468,472. This consisted of school contributions, grants, donations and sundry income.

The total expenditure for the year was £2,154,554 leading to a net surplus of £313,918.

Expenditure included the following:

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Please see Action Tutoring’s Financial Statements 2020-21, from page 27, for further information.

Reserves policy

The charity’s policy is to hold reserves for the purpose of protecting the work of the charity in the short term, should funding targets not be met or if the charity should need to cease or curtail its activities. At the end of the 2020-21 academic year Action Tutoring held £1,566,219 of unrestricted funds in its reserves. £833,091 of these have been transferred to designated funds as Action Tutoring is currently in receipt of a large government grant for the National Tutoring Programme which will gradually reduce between 2021-22 and 2023-24 and our designated funds will help protect against this forecast reduction in funding and the need for increased reserves in future years as our delivery income decreases as a proportion of our overall funding. This leaves £733,128 of unrestricted general funds.

It is the policy of the charity to maintain three months of full costs or nine months of net costs (minus delivery income which currently includes school income and the National Tutoring Programme funding), whichever is the larger. The reserves policy has been met in 2020-21. The reserves policy is reviewed annually where specific factors affecting the level of reserves are looked at, primarily contractual obligations for employees, with changes being made as necessary.

Going concern

Action Tutoring has been selected as a National Tutoring Programme (NTP) Tuition Provider for a second year, which provides access to additional funding of £1.4m to deliver programmes in the 2021-22 academic year. Covid-19 continues to impact the logistics of programme delivery, however Action Tutoring has been successfully running an online tutoring offer and has moved tutoring to home based tutoring when there have been school closures. Based on the work done, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, the Trustees continue to adopt the going concern basis in preparing the financial statements.

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Structure, governance and management

Action Tutoring is a charitable company limited by guarantee, incorporated in May 2012 and registered as a charity in May 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.

Senior management

Responsibility for day-to-day operations and the leadership of the staff and volunteer team is delegated to the Senior Management Team, led by the Chief Executive Officer. The team is responsible for all day-to-day decisions affecting the charity. Decisions of a strategic or directional nature, including the employment of the senior staff, remain the responsibility of the Trustees. The Trustees are ultimately responsible for setting and approving remuneration of senior management and other staff. Remuneration is approved by the Trustees as part of the annual budget process.

Trustees keep up-to-date with charity regulation through reports from the Senior Management Team, which are presented as part of the main agenda in the Trustee meetings on a quarterly basis.

Trustees attend relevant training and are expected to share knowledge and best practice at Trustee meetings.

The charity has no subsidiaries and there were no related party transactions during the year. The Trustees give their time voluntarily.

In 2020-21 the work of Action Tutoring was carried out by 62 paid staff and 2,749 volunteer tutors.

Risk assessment

The Trustees of Action Tutoring are responsible for the management of the risks faced by the charity. Detailed consideration of risk is delegated to the Senior Management Team. Risks are identified annually and are monitored and controlled on an ongoing basis. The Trustees are satisfied that all major risks have been reviewed and procedures put in place to mitigate against those risks. Whilst procedures can mitigate against major risks, the Trustees cannot provide absolute assurance against those risks.

The Trustees recognise the importance of reviewing the risks associated within the charity and will review major risks such as the ongoing impact of Covid-19; risks of scaling online delivery; failure to achieve fundraising targets; the impact of the economic downturn on trust, foundation and corporate giving; loss of key staff; major shifts in government educational policy; and health and safety, on a regular basis.

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Recruitment and training of Trustees

The recruitment of Trustees is carried out primarily through external recruitment, nominations from within the current Board and wider recommendation from other stakeholders, including schools and funders. In order to assess their personal competence and independence, a skills audit is conducted to measure their suitability for any vacancies on the Board. Appointments are made by a vote of the existing members.

Anthony Hawkins resigned from the Board in December 2020 and Tim Mungeam resigned from the Board in July 2021. Action Tutoring is currently recruiting for two new trustees (November 2021).

Future plans and aims

Following a period of significant growth and change for Action Tutoring, accelerated by Covid-19, the charity now has the chance to consolidate its work and re-stabilise. At the time of writing, the CEO and the Board are working towards a new strategic plan. They aim to launch the new strategy in spring 2022.

As society, education and Action Tutoring emerge into a new environment, the charity will continue to make the most of the opportunities presented. Action Tutoring has been officially approved as an NTP Tuition Partner until 2024 and hopes tutoring support in schools will be further embedded. Action Tutoring will keep collaborating with others to ensure that the NTP is a success and leaves a lasting legacy.

Now that online delivery is firmly established, the charity hopes to further its geographic reach enabling it to deliver on its mission of supporting disadvantaged pupils to reach their academic potential.

May 2022 marks ten years since Action Tutoring was registered as a charity. It’s an important opportunity to reflect on all that’s been achieved and ensure the charity is on a strong footing to continue making a meaningful difference through the next decade of delivery.

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Legal and administrative details as at 31st August 2021

Registered name

Action Tutoring Ltd

Registered Charity Number

1147175

Registered Company Number

08105978

Trustee Board

For the purposes of the Companies Act 2006, the Board of Trustees is regarded as the Board of Directors of the company. The Trustees of the company throughout the year and to the date of signing this report are as follows:

Peter Baines (Chair) Richard Aked (Treasurer) Jo Conduit-Smith Susannah Hardyman Antony Hawkins (resigned 7th December 2020) Tim Mungeam (resigned 14th June 2021) Anna Paige Jatin Patel

Senior Management

Susannah Hardyman – Chief Executive Officer (maternity leave 2020-21) Jen Fox - Director of Transformation, Impact and Quality and Interim CEO (202021)

Heather Taylor – Head of Operations and Finance (maternity leave 2020) Dan Jones – Head of Operations and Finance (maternity cover 2020) Adam Geach – Head of Delivery

Fleur Nicholson – Head of Marketing and Communications

Bankers

HSBC, 8 Victoria Street, London, SW1 0ND

Independent Auditors

Goodman Jones LLP, 29-30 Fitzroy Square, Fitzrovia, London, W1T 6LQ

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Statement of Trustees’ responsibility

The Trustees (who are also directors of Action Tutoring for the purposes of company law) are responsible for preparing the Trustees’ 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 and outgoing resources and application of resources, including income and expenditure of the charitable company for that period. In preparing these Financial Statements, the Trustees are required to:

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.

Disclosure of information to auditors

Each of the persons who are Trustees at the time when this Trustees' Report is approved has confirmed that:

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Auditors

The auditors, Goodman Jones LLP, have indicated their willingness to continue in office. The Designated Trustees will propose a motion re-appointing the auditors at a meeting of the Trustees.

This report was approved by the Trustees and signed on their behalf by:

……………………………..

Peter Baines (Chair)

Date: 24-12-21

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Independent Auditors’ Report to the Members of Action Tutoring Ltd

Opinion

We have audited the financial statements of Action Tutoring Ltd (the 'Charity') for the year ended 31 August 2021 set out on pages 27 to 44, which comprise the Statement of financial activities, the Balance sheet, the Statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going

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concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Other information

The Trustees are responsible for the other information. The other information comprises the information included in the Annual report, other than the financial statements and our Auditors' report thereon. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

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Responsibilities of trustees

As explained more fully in the Trustees' responsibilities statement, the Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Based on our understanding of the charity and sector, we identified that the principal risks of non-compliance with laws and regulations related to sector regulations and unethical and prohibited business practices, and we considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006, the Charities Act 2011, Charity Commission and sector regulations, and UK Tax Legislation. We evaluated management’s incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls). Appropriate audit procedures in response to these risks were carried out.

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These procedures included:

We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members; and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.

There are inherent limitations in the audit procedures described above and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

Use of our report

This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its trustees, as a body, for our audit work, for this report, or for the opinions we have formed.

Goodman Jones LLP

29/30 Fitzroy Square London

W1T 6LQ

Date:………………………………. 04-01-22

Goodman Jones LLP are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.

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STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2021

Note
Income from:
Donations and legacies
3
Charitable activities
4
Investments
5
Total income
Expenditure on:
Charitable activities
6
Total expenditure
Net surplus/ (deficit) before
other recognised gains and
losses
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Note
Income from:
Donations and legacies
3
Charitable activities
4
Investments
5
Total income
Expenditure on:
Charitable activities
6
Total expenditure
Net surplus/ (deficit) before
other recognised gains and
losses
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Unrestricted
funds
Designated
funds
Restricted
funds
2021
£
2021
£
2021
£
297,403
-
1,679,549
491,422
-
-
98
-
-
788,923
-
1,679,549
260,575
-
1,893,979
260,575
-
1,893,979
528,348
-
(214,430)
(403,091)
403,091 -

125,257
403,091
(214,430)
607,871
430,000 282,430
125,257
403,091
(214,430)
733,128
833,091
68,000		 Unrestricted
funds
Designated
funds
Restricted
funds
2021
£
2021
£
2021
£
297,403
-
1,679,549
491,422
-
-
98
-
-
788,923
-
1,679,549
260,575
-
1,893,979
260,575
-
1,893,979
528,348
-
(214,430)
(403,091)
403,091 -

125,257
403,091
(214,430)
607,871
430,000 282,430
125,257
403,091
(214,430)
733,128
833,091
68,000		 Unrestricted
funds
Designated
funds
Restricted
funds
2021
£
2021
£
2021
£
297,403
-
1,679,549
491,422
-
-
98
-
-
788,923
-
1,679,549
260,575
-
1,893,979
260,575
-
1,893,979
528,348
-
(214,430)
(403,091)
403,091 -

125,257
403,091
(214,430)
607,871
430,000 282,430
125,257
403,091
(214,430)
733,128
833,091
68,000		 Unrestricted
funds
Designated
funds
Restricted
funds
2021
£
2021
£
2021
£
297,403
-
1,679,549
491,422
-
-
98
-
-
788,923
-
1,679,549
260,575
-
1,893,979
260,575
-
1,893,979
528,348
-
(214,430)
(403,091)
403,091 -

125,257
403,091
(214,430)
607,871
430,000 282,430
125,257
403,091
(214,430)
733,128
833,091
68,000		 Unrestricted
funds
Designated
funds
Restricted
funds
2021
£
2021
£
2021
£
297,403
-
1,679,549
491,422
-
-
98
-
-
788,923
-
1,679,549
260,575
-
1,893,979
260,575
-
1,893,979
528,348
-
(214,430)
(403,091)
403,091 -

125,257
403,091
(214,430)
607,871
430,000 282,430
125,257
403,091
(214,430)
733,128
833,091
68,000		 Unrestricted
funds
Designated
funds
Restricted
funds
2021
£
2021
£
2021
£
297,403
-
1,679,549
491,422
-
-
98
-
-
788,923
-
1,679,549
260,575
-
1,893,979
260,575
-
1,893,979
528,348
-
(214,430)
(403,091)
403,091 -

125,257
403,091
(214,430)
607,871
430,000 282,430
125,257
403,091
(214,430)
733,128
833,091
68,000		 Total
funds
2021
£

1,976,952

491,422
98		 Total
funds
2021
£

1,976,952

491,422
98		 Total
funds
2020
£
1,111,564
309,180

1,167

1,421,911
788,923 - 1,679,549
2,468,472
260,575 -
1,893,979


2,154,554


1,197,873

260,575		 -
1,893,979

2,154,554

1,197,873
528,348
(403,091)
125,257

-
403,091
403,091
(214,430)
-
(214,430)



313,918
-
313,918


224,038
-
224,038

1,096,263
224,038
1,320,301

430,000
403,091
833,091




282,430
(214,430)
68,000



1,320,301
313,918
1,634,219

The notes on pages 30 to 44 form part of these financial statements.

27

Company number: 08105978 Charity number: 1147175

ACTION TUTORING LTD

BALANCE SHEET

AS AT 31 AUGUST 2021

Note
Fixed assets
Tangible assets
9
Current assets
Debtors
10
Cash at bank and in hand
Creditors:amounts falling due within
one year
11
Net current assets
Total net assets
Charity Funds
Restricted funds
12
Unrestricted funds
12
Designated funds
12
Total funds		 £
208,710
1,678,639		 2021
£
40,464




1,593,755		 £

351,971
1,103,858		 2020
£
24,940
1,295,361
1,320,301
282,430
607,871
430,000

1,887,349
(293,594)
1,455,829
(160,468)






1,634,219

68,000
733,128
833,091
1,634,219 1,320,301

The Charity's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The Trustees consider that the Charity is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the Charity to obtain an audit for the period in question in accordance with section 476 of the Act. However, an audit is required in accordance with section 144 of the Charities Act 2011.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf, by:

................................................

Peter Baines Chair

Date:………………………………. 24-12-21

The notes on pages 30 to 44 form part of these financial statements.

28

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2021

Note
Cash flows from operating activities
Net cash (used in)/provided by operating activities
14
Cash flows from investing activities:
Purchase of tangible fixed assets
Net cash used in investing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents brought forward
Cash and cash equivalents carried forward
15		 2021
£
620,063		 2020
£
546,941

(45,282)

(26,287)

(45,282)


(26,287)

574,781
1,103,858


520,654
583,204

1,678,639
1,103,858

The notes on pages 30 to 44 form part of these financial statements.

29

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

1. General information

Action Tutoring Ltd is a charitable company, limited by guarantee, registered in England and Wales, and whose registered office address is The Dock, Tobacco Quay, Wapping Lane, London E1W 2SF. The Charity's objects are to support the education of pupils from disadvantaged backgrounds as stated in the Trustees' Report.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Action Tutoring Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

The financial statements are prepared in sterling, the functional currency of the Charity, and rounded to the nearest £.

2.2 Company status

The Charity is a company limited by guarantee. The members of the company are the Trustees named on page 20. In the event of the Charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the Charity.

2.3 Going concern

The Charity receives income by way of both contracts for services and voluntary income (in the form of grants from funders and donations from individuals).

During the year, operations have been affected by the Coronavirus outbreak, which has forced school closures and programmes to move to online delivery. Since the balance sheet date, schools have reopened and the Charity has adapted some programmes to be suitably run online. Additionally, as referenced in the Trustees’ Report, Action Tutoring has been renewed as a National Tutoring Programme (NTP) Tuition Provider until 2024, and this will provide additional funding to deliver programmes in the next 3 financial years. Therefore, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, the Trustees continue to adopt the going concern basis in preparing the financial statements.

2.4 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

30

2. Accounting policies (continued)

2.4 Fund accounting

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

2.5 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received, and the amount of income receivable can be measured reliably.

Grant income is recognised to the extent that the above criteria have been met together with any performance conditions attached to the grants. Grant income is deferred only to the extent that the Charity has yet to fulfil the related performance conditions. Government grants are credited to the Statement of financial activities as the related expenditure is incurred

Income receivable from schools under contracts is recognised to the extent that the services have been provided. Where income is received in advance, this is deferred until the services are performed.

Donated services or facilities are recognised when the Charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the Charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the contributions of volunteers is not recognised.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the Charity which is the amount the Charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

2.6 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 institution with whom the funds are deposited.

31

2. Accounting policies (continued)

2.7 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Support costs are those costs incurred directly in support of expenditure on the objects of the Charity and overall governance and management of the Charity. All expenditure is inclusive of irrecoverable of VAT.

2.9 Tangible fixed assets and depreciation

Tangible fixed assets costing £200 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment - 2 year straight-line

2.10 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.11 Cash at Bank and in hand

Cash at bank and 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.

32

2. Accounting policies (continued)

2.12 Liabilities and provisions

Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within the Statement of financial activities as a finance cost.

2.13 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.

2.14 Critical accounting estimates and areas of judgment

Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The Charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. Trustees have not identified any estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

3. Income from donations and legacies

Unrestricted
funds
Restricted
funds
2021
£
2021
£
Donations
59,843
-
Grants
237,560
103,797
Government Grants - NTP
-
1,575,752
Total donations and legacies
297,403
1,679,549
Total 2020

702,423
409,141		 Unrestricted
funds
Restricted
funds
2021
£
2021
£
Donations
59,843
-
Grants
237,560
103,797
Government Grants - NTP
-
1,575,752
Total donations and legacies
297,403
1,679,549
Total 2020

702,423
409,141		 Unrestricted
funds
Restricted
funds
2021
£
2021
£
Donations
59,843
-
Grants
237,560
103,797
Government Grants - NTP
-
1,575,752
Total donations and legacies
297,403
1,679,549
Total 2020

702,423
409,141		 Total
funds
2021
£

59,843

341,357

1,575,752
Total
funds
2020
£

50,823

1,060,741

-
297,403
1,679,549


1,976,952

1,111,564


702,423 409,141 1,111,564

Within Grants are £nil (2020: £20,125) grants received from the government under the Coronavirus Job Retention Scheme.

33

4. Income from charitable activities

Unrestricted
funds
Restricted
funds
2021
£
2021
£
Tuition and school support
491,422
-
Total 2020

290,700
18,480		 Unrestricted
funds
Restricted
funds
2021
£
2021
£
Tuition and school support
491,422
-
Total 2020

290,700
18,480		 Total
funds
2021
£

491,422		 Total
funds
2020
£

309,180
18,480
309,180

5. Investment income

Unrestricted
funds
Restricted
funds
2021
£
2021
£
Investment income
98
-
Total 2020

1,167
_- _		 Unrestricted
funds
Restricted
funds
2021
£
2021
£
Investment income
98
-
Total 2020

1,167
_- _		 Unrestricted
funds
Restricted
funds
2021
£
2021
£
Investment income
98
-
Total 2020

1,167
_- _		 Total
funds
2021
£
98		 Total
funds
2020
£

1,167
1,167 _- _ 1,167

6. Analysis of expenditure on charitable activities

Unrestricted
funds
Restricted
funds
2021
£
2021
£
Tuition and school
support
260,575
1,893,979
Total 2020
857,682
340,191
Analysis of expenditure by activities
Activities
undertaken
directly
Support
costs
2021
£
2021
£
Tuition and school support
1,698,860
455,694
Total 2020
770,409
427,464		 Unrestricted
funds
Restricted
funds
2021
£
2021
£
Tuition and school
support
260,575
1,893,979
Total 2020
857,682
340,191
Analysis of expenditure by activities
Activities
undertaken
directly
Support
costs
2021
£
2021
£
Tuition and school support
1,698,860
455,694
Total 2020
770,409
427,464		 Unrestricted
funds
Restricted
funds
2021
£
2021
£
Tuition and school
support
260,575
1,893,979
Total 2020
857,682
340,191
Analysis of expenditure by activities
Activities
undertaken
directly
Support
costs
2021
£
2021
£
Tuition and school support
1,698,860
455,694
Total 2020
770,409
427,464		 Total
funds
2021
£
2,154,554		 Total
funds
2020
£

1,197,873

857,682
340,191
1,197,873

Total
funds
2020
£

1,197,873
Total
funds
2021
£
2,154,554

770,409
427,464
1,197,873

7. Analysis of expenditure by activities

34

7. Analysis of expenditure by activities (continued)

Analysis of direct costs

Analysis of direct costs
Marketing
Travel and accommodation
Tutor resources
Volunteer expenses and training
DBS checks
Consultancy fees
Staff costs
Online tutoring
Total 2020
Analysis of support costs
Recruitment
Rent
Travel and accommodation
Training
Welfare
Insurance
Accountancy fees
Audit fees
Office costs
Sundry expenses
IT Costs
Legal and professional fees
Bank charges
Consultancy fees
(Profit)/loss on exchange
Staff costs
Depreciation
Total 2020		 Tuition
and
school
support
2021
£
69,248
21,273
34,650
138
24,091
10,285
1,472,050
67,124		 Total
funds
2021
£

69,248

21,273

34,650

138

24,091

10,285

1,472,050

67,125
Total
funds
2020
£

39,217

20,656

21,741

8,251

10,060

5,666

656,897

7,921


770,409

Total
funds
2020
£

5,425

71,401

4,754

11,133

3,514

2,691

5,775

7,800

12,322

2,369

30,182

6,033

729

18,065

-

238,113

7,158


427,464
1,698,860
1,698,860

770,409 770,409
Total
funds
2021
£

4,514

39,769

1,378

22,644

9,283

3,999

6,963

8,400

35,781

1,471

54,637

28,496

1,131

-

6

207,433

29,789
Tuition
and
school
support
2021
£
4,514
39,769
1,378
22,644
9,283
3,999
6,963
8,400
35,781
1,471
54,637
28,496
1,131
-
6
207,433
29,789
455,694
455,694

427,464 427,464

35

8. Staff costs

Staff costs were as follows:

Wages and salaries
Social security costs
Other pension costs		 2021
£
1,508,348
132,434
38,701		 2020
£

801,675

73,425

19,910
1,679,483
895,010

The average number of persons employed by the Charity during the period was as follows:

2021 2020
No. No.
Employees 62 32

No employee received remuneration amounting to more that £60,000 in either year.

During the year, total remuneration and benefits paid to key management personnel totalled £268,593 (2020: £267,890).

During the year, S Hardyman, a trustee (2020: S Hardyman, a trustee), received remuneration (including retirement benefits accruing in respect of defined contribution pension schemes) from the Charity for her role as Chief Executive and is included in the amounts payable to key management personnel. No remuneration was paid in respect of her role as a trustee.

None of the other trustees (2020: none) received any remuneration or benefits in kind. No trustees (2020: one trustee) received £nil (2020: £34) reimbursement of expenses.

36

9. Tangible fixed assets
Cost
At 1 September 2020
Additions
At 31 August 2021
Depreciation
At 1 September 2020
Charge for the year
At 31 August 2021
Net book value
At 31 August 2021
At 31 August 2020
10. Debtors
Due within one year
Trade debtors
Other debtors
Prepayments and accrued income
11. Creditors: Amounts falling due within one year
Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income		 Office
2021
£
20,322
5,250
183,138
208,710
2021
£
34,908
30,559
10,272
217,855
293,594		 Office
2021
£
20,322
5,250
183,138
208,710
2021
£
34,908
30,559
10,272
217,855
293,594		 equipment
£
46,584
45,282
91,866
21,644
29,758
51,402
40,464
24,940
2020
£
6,913
8,000
337,058

351,971
2020
£
5,577
19,971
5,598
129,322

160,468
208,710

2021
£
34,908
30,559
10,272
217,855



293,594

37

11. Creditors: Amounts falling due within one year (continued)

Deferred income at 1 September 2020
Resources deferred during the year
Amounts released from previous years
Deferred income at 31 August 2021		 2021
£
104,000
182,500
(104,000)
2020
£

63,500

104,000

(63,500)
182,500
104,000

Deferred income brought forward and carried forward represents grant income received in advance of performance conditions being met.

38

12. Statement of funds

Statement of funds - current year

Statement of funds - current year
Balance at
1 September
2020
£
Designated funds
Wellington
80,000
Hibbert
50,000
Montpelier
75,000
Advent
225,000
Future programme fund
-

430,000
General funds
General Funds
607,871
Total Unrestricted funds
1,037,871
Restricted funds
National Tutoring
Programme
-
EY Foundation
-
National Lottery
Community Fund Covid
Response
-
Impetus
26,180
Westminster Foundation
-
Fidelity Foundation
138,810
UBS
17,440
Sheffield Bluecoat
-
Perry Price Foundation
-
Worshipful Company of
Investors
-
Betty Messenger Charitable
Foundation
100,000
John James
-
Rothley Trust
-
Sheffield Town
-
Allen and Overy
-
282,430
Total funds
1,320,301
Income
Expenditure
£
£

-
-

-
-
-
-
-
-

-
-
-
-
788,923
(260,575)
788,923
(260,575)
1,575,752
(1,575,752)
18,000
-
9,764
(9,764)
20,333
(46,513)
8,450
(8,450)
-
(138,810)
-
(17,440)
1,000
(1,000)
4,000
(4,000)
10,000
(10,000)
-
(50,000)
3,000
(3,000)
1,250
(1,250)
3,000
(3,000)
25,000
(25,000)
1,679,549
(1,893,979)
2,468,472
(2,154,554)
Transfers
in/out
£

(80,000)
(50,000)
(75,000)
(225,000)
833,091
403,091

(403,091)
-

-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Balance at
31 August
2021
£
-
-
-
-
833,091
833,091
733,128
1,566,219
-
18,000
-
-
-
-
-
-
-
-
50,000
-
-
-
-
68,000
1,634,219

39

12. Statement of funds (continued)

Statement of funds - prior year

Balance at Balance
1 September Transfers
at
2019 Income Expenditure in/out
31
August
2020
£ £ £ £ £
Designated funds
Wellington 120,000 - - (40,000) 80,000
Hibbert 100,000 - - (50,000) 50,000
Montpelier 150,000 - - (75,000) 75,000
Advent
- - - 225,000 225,000
370,000 - - 60,000 430,000
General funds
General Funds
531,263 994,290 (857,682) (60,000)
 607,871
Total Unrestricted funds
901,263 994,290 (857,682) - 1,037,871
Restricted funds
Sussex - 5,000 (5,000) - -
Bedgebury Foundation - 2,000 (2,000) - -
Dulverton Trust - 16,666 (16,666) - -
Impetus - 80,000 (53,820) - 26,180
Allan & Gill Gray Foundation - 80,000 (80,000) - -
Fidelity Foundation - 138,810 - - 138,810
Eleanor Rathbone - 2,000 (2,000) - -
CJRS - 20,125 (20,125) - -
UBS - 47,520 (30,080) - 17,440
UBS Emergency - 22,000 (22,000) - -
Nesta - 13,500 (13,500) - -
Tutor Resources 40,000 - (40,000) - -
Betty Messenger Charitable
Foundation 150,000 - (50,000) - 100,000
Johnson Foundation 5,000 - (5,000) - _- _
195,000 427,621 (340,191) - 282,430
Total funds 1,096,263
 1,421,911 (1,197,873) _- _
1,320,301

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12. Statement of funds (continued)

The restricted funds are held for the following purposes:

Betty Messenger Charitable Foundation – Restricted funding for Programme Coordinators for the financial years 2019/20 to 2021/22.

Impetus – Restricted funding for online delivery

Fidelity Foundation – Restricted to organisational and technology development to increase access to online tuition.

UBS – Restricted to Maths and English tutoring of disadvantaged GCSE pupils.

Sheffield Bluecoat – Restricted to secondary schools in Sheffield

Perry Price Foundation / Rathbone Investment Management – Restricted to two secondary school tuition programmes at a Wirral based school.

Worshipful Company of Insurers – Restricted with to the Charity’s tutoring programmes in and around the

City of London.

Impetus – Restricted funding for online delivery

Allen and Overy – Restricted to online tutoring

John James – Restricted to Bristol schools.

Rothley Trust – Restricted to providing technology to disadvantaged students

Sheffield Town – Restricted to tutoring programmes in Sheffield

EY Foundation – Restricted to the provision of IT equipment (hardware or software) for the needs of young people.

National Lottery Community Fund Covid Response – Restricted to tutoring programmes in South London

Westminster Foundation – Restricted to work with schools in Chester and Westminster

NTP – Restricted as part of the National Tutoring Programme to deliver low-cost tutoring to schools.

The designated funds represent funds designated by Trustees towards future programmes and organisational sustainability.

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13. Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted Unrestricted
Restricted
Restricted		 Total
funds funds funds
2021 2021 2021
£ £ £
Tangible fixed assets 40,464 - 40,464
Current assets 1,819,349 68,000 1,887,349
Creditors due within one year (293,594) - (293,594)
Total 1,566,219 68,000
 1,634,219
Analysis of net assets between funds - prior year
Unrestricted Restricted Total
funds funds funds
2020
2020		 2020
£ £ £
Tangible fixed assets 24,940 - 24,940
Current assets 1,164,399 291,430 1,455,829
Creditors due within one year (151,468)
(9,000)
 (160,468)
Total 1,037,871 282,430 1,320,301
14. Reconciliation of net movement in funds to net cash flow from operating
activities
2021 2020
£ £
Net income for the year (as per Statement of Financial
Activities) 313,918 224,038
Adjustment for:
Depreciation charges 29,758 7,158
(Increase)/decrease in debtors 143,261 (256,325)
Increase/(decrease) in creditors 133,126 59,420
Net cash (used in)/provided by operating activities 620,063 546,941
15. Analysis of cash and cash equivalents
Total Total
funds funds
2021 2020
£ £
Cash in hand 1,678,639 1,103,858
Total 1,678,639 1,103,858

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16. Analysis of changes in net debt

Analysis of changes in net debt
Cash at bank and in hand
Total		 At 1
September
2020
£
1,103,858		 Cash
flows
£

574,781		 At 31
August
2021
£
1,678,639

1,103,858


574,781
1,678,639

17. Other financial commitments

At the balance sheet date, the Charity had operating lease commitments of £1,319 (2020: £594) in respect of a lease in place at the balance sheet date.

18 Related party transactions

Apart from as disclosed elsewhere in the financial statements, there are no other transactions with related parties in either the current and/or prior years that require disclosure.

19. Controlling party

The Charity is controlled by Board of Trustees as a whole and there is no one individual with overall control.

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Action Tutoring, The Dock, Tobacco Quay, Wapping Lane, London E1W 2SF

0203 872 5894

hello@actiontutoring.org.uk www.actiontutoring.org.uk

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