## **Action Tutoring Ltd**
**Annual Report and Financial Statements for the year ended 31st August 2024**
**Registered charity Number 1147175 Company Number 08105978**
## **CONTENTS**
|**Trustees’ Report**|**3**|
|---|---|
|From the Chair|3|
|Charitable aims and objectives|5|
|Delivery of aims and objectives|6|
|How Action Tutoring’s activity delivers public beneft|7|
|Summary of activity|8|
|Advocacy work|10|
|Impact|12|
|Funders and supporters|16|
|Financial review|18|
|Structure, governance and management|22|
|Future plans and aims|25|
|Legal and administrative details as of 31st August 2024|27|
|**Independent Auditors’ Report to the Members of Action Tutoring LTD**|**29**|
|Opinion|29|
|Basis for opinion|29|
|Conclusions relating to going concern|29|
|Other information|29|
|Matters on which we are required to report by exception|30|
|Responsibilities of trustees|30|
|Auditors' responsibilities for the audit of the fnancial statements|30|
|Use of our report|31|
|**Statement Of Financial Activities (Incorporating Income And Expenditure**|**Account)**|
|**For The Year Ended 31 August 2024**|**32**|
|Balance Sheet For The Year Ended 31 August 2024|33|
|Statement Of Cash Flows|33|
|For The Year Ended 31 August 2024|34|
|Notes To The Financial Statements For The Year Ended 31 August 2024|35|
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## **Trustees’ Report**
## **From the Chair**
2023-24 was a year of growth, advocacy and expanding our geographical reach. Our programmes reached pupils located across 11 main cities and areas and tutoring was delivered in person and online by volunteer tutors across England, Scotland and Wales. In total 6,003 pupils received 61,751 tutoring sessions delivered by 1,896 volunteer tutors over the course of the academic year. 716 pupils, around one in ten of those supported, received tutoring in both subjects. We were thrilled to work in partnership with 154 schools.
We established programmes in new locations including Devon, Stockport and Darlington. We were grateful for the networks and multi-academy trusts that helped facilitate this, enabling us to reach pupils and communities who often fly under the radar. While urban areas frequently dominate discussions about educational disadvantage, rural inequality often manifests in hidden disadvantages such as families relying on seasonal employment, more limited access to resources and a smaller choice, and therefore competition, of schools. It’s for exactly these reasons that ‘reach’ is a core pillar of our organisational strategy.
We made great strides in impact and quality. We were delighted that the pupils we supported in Year 6 and Year 11 significantly outperformed the national average for pupils facing disadvantage, by over 11% points at SATs level and 8% points at GCSE level. Success at primary school sets pupils on a strong trajectory for their secondary school progress and achieving strong GCSE grades in maths and English is key to entering further education, employment and training. Additionally, on impact and quality, we published our multi-year study exploring how far the GCSE and SATs results of our pupils differ according to the kind of support they receive on our programmes. This work was completed with the support of a leading independent research organisation, the National Foundation for Educational Research, the study looks into important features of our programme and how these are linked to final test results. We also launched our updated KS4 resources for English and maths tuition and a new learning and development platform for our volunteer tutors. Alongside others in the sector we commissioned the release of research by Public First into the economic impact of the National Tutoring Programme (NTP) which highlighted that for every £1 spent on tutoring, there's a benefit to the economy of £6.58.
2023-24 was the proposed final year of the National Tutoring Programme (NTP), so our advocacy efforts ahead of the 2024 Spring Budget focused on campaigning for an extension to this vital funding. Activities included securing media coverage featuring prominent education spokespeople, a visit from the treasury to one of our programmes and attending meetings at No. 10. Unfortunately the Government at the time chose not to continue the provision but our advocacy efforts continued, including securing a parliamentary debate on tutoring provision in England and engaging Ministers in the new Government to ensure that tutoring remains on the agenda.
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We enjoyed a few celebrations in the year: in November 2023 we received our Queen Elizabeth II’s Platinum Jubilee Award at a prestigious reception at the Fishmongers' Hall and in June 2024 we celebrated our 12th anniversary at a special event at the Drapers’ Hall in London, where the hall and refreshments were generously donated by the Drapers’ Company. Finally we continued to benefit from the second year of our partnership with the QBE Foundation which has included strategic funding; QBE employees volunteering on our programmes and team members completing challenging fundraising events. At this crucial time, when government support has ended, we remain incredibly grateful to all our funders for their ongoing commitment to our work.
**Peter Baines** _, Chair of Trustees, October 2024_
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## **Charitable aims and objectives**
Action Tutoring aims to support pupils facing disadvantaged 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 young people in education through:
- The provision of tutors to provide academic support to pupils preparing for exams or transitioning to secondary school;
- Partnerships with schools; and
- The encouragement of pupils, raising aspirations and confidence in addition to academic support.
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**
- Pupils eligible for Pupil Premium[1] 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.
## **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 4[2] borderline at GCSE who are at risk of leaving school without basic qualifications, especially in English and maths.
Through the provision of tutoring Action Tutoring aims to achieve the following:
- Increase the number of pupils leaving primary school reaching national standards in English and maths.
- Increase pupils’ confidence, study skills
- Increase the number of pupils leaving secondary school with a minimum of five strong GCSEs (grade 4 or 5), including English and maths.
> 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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and aspirations.
- Ensure pupils start secondary school on a firm footing and with the best possible chance of going on to achieve in their GCSEs.
- Increase the number of pupils going on to further education, employment or training as a result of leaving school with basic GCSE qualifications.
- Increase pupils’ confidence, study skills and aspirations.
## **Delivery of aims and objectives**
Action Tutoring’s programmes are delivered in partnership with schools. A ‘block’ of tutoring is composed of 10-20 sessions, usually an hour long, 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 block, at one of the charity’s partner schools or on an online programme. All volunteers attend an online training, prior to beginning their tutoring, and complete a DBS check. Tutors supporting online complete an additional training module. 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 and the delivery medium, 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 are paramount. This is done in a number of ways: including carrying out baseline and progress 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 SAT or GCSE results.
The Senior Leadership 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's general guidance on public benefit.
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## **How Action Tutoring’s activity delivers public benefit**
Action Tutoring provides the opportunity for young people who are facing disadvantage to benefit from small group tuition, of ideally three pupils or less, 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 pupils’ 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 in their SATs and would not otherwise have access to private tutoring to support them in their education.
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## **Summary of activity**
In 2023–24, Action Tutoring’s operations supported pupils located across 11 main cities and areas. Tutoring was delivered in person and online by volunteer tutors located across England, Scotland and Wales.
In total 6,003 pupils received 61,751 tutoring sessions delivered by 1,896 volunteer tutors over the course of the academic year. 716 pupils, around one in ten of those supported, received tutoring in both subjects.
Below is a summary of the total number of sessions delivered, pupils supported and tutors volunteering in 2023–24:
|**Hub**|**Total active**
**tutors***|**Total pupils***|**Sessions received**
**by pupils**|**Sessions delivered**
**by tutors**|
|---|---|---|---|---|
|Birmingham|135|Primary school: 235
Secondary school: 66|Primary school: 3,130
Secondary school:
413|1,410|
|Bristol|94|Primary school: 69
Secondary school: 182|Primary school: 616
Secondary school:
1,511|1,168|
|Bromley|24|Secondary school: 54|Secondary school:
443|221|
|Cheshire|116|Primary school: 107
Secondary school: 115|Primary school: 1,130
Secondary school:
766|889|
|Coventry|36|Primary school: 70|Primary school: 597|272|
|London|834|Primary school: 1,515
Secondary school: 493|Primary school:
21,766
Secondary school:
4,557|11,067|
|Merseyside|113|Primary school: 41
Secondary school: 301|Primary school: 468
Secondary school:
1,488|982|
|Newcastle|119|Primary school: 310
Secondary school: 34|Primary school:
3,893
Secondary school:
270|1,826|
|Nottingham|225|Primary school: 97
Secondary school: 491|Primary school:
1,030|2,553|
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||||Secondary school:
4,239||
|---|---|---|---|---|
|Sheffeld|80|Primary school: 32
Secondary school: 232|Primary school: 186
Secondary school:
2,220|1,111|
|Sussex|224|Primary school: 302
Secondary school: 233|Primary school:
3,084
Secondary school:
1,649|2,201|
|Outside these hubs|429|Primary school: 504
Secondary school: 520|Primary school:
4,654
Secondary school:
3,641|3,882|
|**Total**|**1,896**|Primary: 3,282
Secondary: 2,721
**Total: 6,003**|Primary: 40,554
Secondary: 21,197
**Total: 61,751**|**27,582**|
*attended/received at least one session this academic year.
Action Tutoring’s programmes are delivered in ‘blocks’ in partnership with schools. A block of tutoring is composed of 10-20 sessions delivered at the same time every week, with each session usually one hour long.
Each block is supported by approximately 8–10 high-quality volunteer tutors working with up to 20 pupils. In 2023–24, most schools opted to run two blocks of tutoring over the course of the year. There have been high levels of pupil absence since the outbreak of the Covid-19 pandemic which has impacted schools and Action Tutoring’s programmes, however there was a marginal but impactful improvement on this in 2023–24.
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 block of tutoring, some volunteers also tutored on more than one programme during the same term. Many of the primary school programmes ran before working hours, providing a viable volunteering option for those who work full time.
Of those pupils supported, 67% were eligible for Pupil Premium funding (have received Free School Meals in the last six years). This is from data returned for 100% of the pupils the charity supported. Action Tutoring works closely with schools to ensure that non-Pupil Premium pupils taking part in the programme would not be benefitting from private tutoring elsewhere. For 2023-24, the charity continued to use its exceptions criterion, introduced in the previous year, to more closely track the reasons pupils would be eligible for tutoring support beyond the Pupil Premium. For those pupils who were not eligible for
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Pupil Premium funding, in 96% of cases, the school confirmed that the pupil would not otherwise be able to access tuition if not for Action Tutoring.
Of the primary school pupils supported, 73% were working towards or much lower than the expected standard in their year group. Of the secondary school pupils supported, 75% began the programme working between grades 3 and 4.
## **Advocacy work**
Action Tutoring engages politicians and policy leaders, advocating for cross-party support, to embed tutoring for pupils facing disadvantage, permanently in the education system. By making state-funded tutoring permanent and widely accessible, especially to pupils facing disadvantage, it has the potential to narrow the attainment gap in schools, which is now at its widest in 12 years.
Action Tutoring’s advocacy efforts in the first half of 2023-24 were focused on campaigning for an extension of the National Tutoring Programme (NTP), which was due to end in August 2024. The initiative was designed to help pupils, especially those facing disadvantage, to recover from lost learning experienced during the pandemic school closures. Although three years have passed since the pandemic’s height, the impact of it is still being significantly felt by pupils across the country.[3]
These advocacy efforts included attending the Conservative and Labour party conferences in autumn 2023, participating in panel discussions organised by the Education Policy Institute (EPI) and Centre for Social Justice (CSJ), to discuss building embedded support for tutoring. These activities were delivered in collaboration with fellow tutoring charities, Get Further and Tutor Trust. The Children’s Commissioner, Dame Rachel DeSouza, joined the panel discussion on fixing educational disparities across the UK at the 2023 Labour Party conference.
In early 2024 Action Tutoring CEO and founder, Susannah Hardyman, and fellow representatives of the Fair Education Alliance presented a petition to Downing Street, signed by over 500 teachers and senior leaders, urging the continuation of vital tutoring funding for schools and colleges. Additionally Action Tutoring engaged various MPs across the country, with some attending the charity’s tutoring sessions in person. These activities gained coverage in the national press, including in _TES_ and _The i,_ and a cross-party op-ed was coordinated, bringing together Lord David Blunket (Former Labour education secretary), Robin Walker (then chair of the Education Select Committee), and Munira Wilson (Liberal Democrat education spokesperson).
Alongside peers in the sector, Action Tutoring commissioned the release of powerful research by Public First, in January 2024, on the economic impact of tutoring. It showed that pupils who achieved better grades through tutoring during the 2021-22 and 2022-23 years of the NTP will boost the UK's economy by £4.34 billion. This economic benefit is
> 3 The COVID-19 pandemic may be a thing of the past - its impact in schools is not
(https://www.ascl.org.uk/ASCL/media/ASCL/News/Press%20releases/The-COVID-19-pandemic-may-be-a-thing-of-the-past.pd f)
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captured through pupils improving their grades and, as a result, obtaining higher lifetime earnings. For every £1 spent on tutoring, there's a benefit to the economy of £6.58.
Unfortunately, despite this evidence and the sector’s campaigning efforts the Conservative Government at the time chose not to extend the NTP. However Action Tutoring did not halt its efforts and remains resolutely steadfast, alongside peer charities, in its commitment to supporting pupils facing disadvantage and campaigning for government investment in tutoring.
Shortly after the announcement of the funding ending, Action Tutoring and fellow tutoring charities secured a Westminster Hall Debate on tutoring in England, sponsored by the Liberal Democrat Education Spokesperson, Munira Wilson. Politicians from across party lines acknowledged the transformative impact of tutoring. They highlighted its ability to close the attainment gap and boost pupil confidence and Action Tutoring was named specifically for its work by MP Paul Howell.
Action Tutoring’s advocacy activities have continued since the spring, engaging the new Government with its work and raising awareness of the value and impact of tutoring. Thanks to the NTP, there is now a greater awareness of the role that tutoring can play, particularly in supporting the attainment of pupils who are facing disadvantage. Action Tutoring strongly believes that state-funded tutoring will return and it continues to advocate for this. Conversations have moved forward significantly, but change won’t happen overnight.
Thanks to Action Tutoring’s fundraising and philanthropy efforts the charity can continue to support schools despite the NTP funding ending. However with school budgets becoming ever tighter more needs to be done to ensure that pupils in receipt of Pupil Premium reap the full benefits of tutoring, to enable them to progress in life.
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## **Impact**
This is an initial analysis of Action Tutoring’s activities in 2023-24. A more detailed breakdown of the charity’s work will be available in its Impact Report, which will be released in early 2025.
## **SAT results 2023–24**
In 2024, Action Tutoring pupils were **significantly more likely** than other pupils facing disadvantage nationally to achieve the expected standard at the end of primary school.
Children facing disadvantage who were supported by Action Tutoring in English almost **closed the gap** with other children nationally who are not from disadvantaged backgrounds.
Children selected for Action Tutoring’s support are identified by their school as being **at particular risk of not meeting this benchmark** in their key stage 2 SATs— making their attainment all the more impressive.
_These results are provisional. Action Tutoring pass rates are calculated using a sample of 304 SATs results in reading and 318 SATs results in maths. Action Tutoring did not receive SATs results for all the children it supported; SATs data was available for 73% of pupils for maths and for 89% for reading._
_Disadvantaged defined as children in receipt of the Pupil Premium grant. National comparison data from gov.uk: key stage 2 attainment._
## **GCSE results in 2023–24**
Young people taking part in Action Tutoring programmes are considered by their school to be **at particular risk of missing out on a pass** at GCSE.
After ten or more sessions with an Action Tutoring volunteer, 62% of young people facing disadvantage passed their English Language GCSE, while 60% passed maths.
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These results are provisional: Action Tutoring has requested information from the Department for Education about Pupil Premium English and maths pass rates nationally, to better understand the impact of its programme. Our Impact Report will publish revised results alongside this national comparison.
As an indicator, in 2023 the national Pupil Premium pass rates at GCSE level were 52% for English Language and 52% for maths.
_Action Tutoring pass rates calculated using GCSE results data from 2024 for maths (165 results), and from 2023 and 2024 together for English (132 results). Action Tutoring did not receive GCSE results for all the young people it supported; data was available for 99% of pupils for maths and for 99% for reading._
_Disadvantaged defined as children in receipt of the Pupil Premium grant._
## **Volunteer, pupil and teacher feedback**
## **Pupils**
At the end of their tutoring blocks, 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 1,680 survey responses across 104 schools, are shown below. Responses came from pupils across all year groups supported (Year 5, Year 6, Year 7, Year 10 and Year 11):
- ‘My tutor(s) are able to explain the subject to me clearly.’ Average score of 7.8
- ‘Would you recommend the tutoring sessions to a friend who needs help in English or maths?’ Average score of 7.6
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## **Tutors**
After delivering 10 tutoring sessions, tutors were asked to answer the statements below with a number where 1 is ‘Definitely not’ and 10 is ‘Yes, definitely’. From a small sample of 93 responses (which is approximately 9% of tutors that received the survey), the average scores were:
- 'The Action Tutoring workbooks/online tutoring resources are helping me deliver effective sessions.' Average score of 8.9
- 'Action Tutoring’s ongoing training and support is helping me develop my tutoring.' Average score of 8.5
- 'Action Tutoring communicates information and updates clearly.' Average score of 9.2
- 'Would you recommend volunteering with Action Tutoring to a friend, family member or colleague?' Average score of 9.4
- 'Volunteering with Action Tutoring is helping me develop new skills or improve existing ones.' Average score of 9.0
- 'By volunteering with Action Tutoring I feel like I’m making a difference.' Average score of 9.1
- 'Volunteering with Action Tutoring is having a positive impact on my mental health.' Average score of 8.8
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## **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 69 survey responses (39% of participating schools in 2023-24), are shown below:
- ‘The Action Tutoring staff leading the delivery of the programme are well organised.’ Average score of 9.4
- ‘Based on your experience, would you recommend Action Tutoring to another school?’ Average score of 8.7
- ‘Action Tutoring’s programme offers good value for money.’ Average score of 8.2
- ‘Action Tutoring has an overall positive impact on our pupils.’ Average score of 8.4
- ‘Most of the volunteer tutors communicate effectively with pupils during sessions.’ Average score of 8.6
- ‘Most of the pupils are increasing in confidence from taking part in the tutoring programme.’ Average score of 8.1
- ‘The Action Tutoring curriculum resources are effective in helping prepare the pupils for exams.’ Average score of 8.3
## **Volunteer tutor demographics**
In 2023-24, volunteer tutors were recruited from a wide range of sources. All tutors are expected to:
- Have achieved a grade B or above at A Level (or equivalent qualification) in the subject they wished to tutor or demonstrate sufficient knowledge in the subject.
- Be studying for or have earned a degree.
- Demonstrate strong communication skills.
- Demonstrate experience or interest in working with young people.
Action Tutoring’s active volunteer tutors who delivered one or more sessions in 2023-24 came from the following main groups:
- 40% employed (working full or part-time).
- 28% university students (postgrad or undergrad).
- 14% retired professionals.
- 18% not currently in employment or selected 'other' under occupation.
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## **Funders and supporters**
## **Grants**
Action Tutoring is incredibly grateful to all its fantastic funders who provided grants in 2023-24. All grant funding, whether unrestricted or restricted, enables and empowers Action Tutoring to reach and support more children and young people facing disadvantage. The charity simply couldn’t achieve its mission without the support of fantastic trusts, foundations and corporations. Action Tutoring would like to thank the following funders who provided grants in 2023-24:
- Allan & Gill Gray Philanthropies
- The Considered Ask
- DAC Beachcroft
- The Drapers’ Company
- The Dulverton Trust
- The Fidelity Foundation
- The Hibbert Family Foundation
- Impetus
- Inflexion Foundation
- J & H Peters Fund (Managed by King Baudouin Foundation)
- Livingbridge Foundation
- The Swire Charitable Trust
- QBE Foundation
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- Tesco Stronger Starts
- Wellington Management Foundation
- The Westminster Foundation
- The Worshipful Company of Insurers
## **Donations**
Action Tutoring would like to thank the following organisations who provided crucial donations to the organisation in 2023-24, strengthening its ability to reduce the academic attainment gap in England:
- Bureau Veritas
- Centurion Management Ltd
- Dragonfly Consultancy Ltd
- Friends4Development
- Guy Butler
- The Harbour Foundation
- KPMG
- Lansdowne Partners
- Mills Reeve
- MyCause UK Festivals
- Schroders Giving
- Scottish Power
In addition to the support provided by these organisations and businesses, Action Tutoring would also like to thank all of its wonderful individual donors for their support in 2023-24. Their generosity enables and empowers the charity to support more children and young people to open the doors to their futures. In 2023-24 Action Tutoring continued to offer cryptocurrency donations as a route to support the charity.
## **Individual giving (campaigns and events)**
In 2023-24 Action Tutoring secured a variety of charity spaces on various sporting events which, alongside participating in the annual Big Give Christmas Challenge which contributed over £8000. Total income from both individual donors, events and wider supporters totalled £105,921. Action Tutoring is grateful to all of its fundraisers and supporters who took part in these challenges, or supported the charity via its festive fundraising. campaign.
## **Partnerships and awards**
Action Tutoring was delighted to be working in partnership with the QBE Foundation in 2023-24. The QBE Foundation generously committed at least £1.5 million to Action Tutoring over a three-year period starting in 2023-24.
The foundation provided strategic funding and volunteer tutors for the charity’s programmes and also raised additional funding to support Action Tutoring’s cause.
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In March 2024, the QBE Foundation’s film, highlighting the partnership with Action Tutoring, was shortlisted in the ‘Corporate Cause’ category of the Smiley Charity Film Awards.
Action Tutoring was delighted to host QBE’s Executive Management Board (EMB) for their volunteering day in June 2024, through which their team provided the charity with valuable insights, approaches and suggestions to help Action Tutoring navigate particular ‘business’ challenges.
Action Tutoring would like to thank the QBE Foundation for all of its support over 2023-24 and look forward to continuing to work alongside them in 2024-25.
## **Financial review**
## **Income**
The total income for the year was £3,417,208. This represents a small decrease in income from 2022-23 by 4%.
Schools were asked to pay a contribution per block of tutoring, which comprised a portion of direct contribution and a portion from the Government’s National Tutoring Programme Grant. In addition, Action Tutoring covered the remaining cost of running the tuition from funding it received from other sources such as grants and donations. Total direct school contribution for the year came to £474,893. Additionally, schools provided a further £928,822 from the funding they passed on from the National Tutoring Programme income they received, making a total income from schools of £1,403,715.
Additionally, grant and foundation income for 2023-24 came to £1,826,351, an increase of £471,935 on the previous year. New funders included The QBE Foundation who gave £500,000 as part of a three-year corporate partnership. £105,821 was received in individual smaller donations, including through participation in mass fundraising events. Additional income totalling £81,321 was generated by investing reserves in short-term interest-bearing deposits.
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**Breakdown of income (2023-24):**
No professional fundraisers were used in 2023-24, and Action Tutoring has not received any complaints regarding its fundraising activities. All fundraising is carried out by the Chief Executive Officer, the Head of Philanthropy, a newly created role of Fundraising Manager, Corporate Partnerships Manager and two Fundraising Coordinators supported by other staff across the organisation. The charity is not signed up to the Fundraising Regulator but follows the Code of Fundraising Practice as donations represented only 3% of income in 2023-24. The question of registering with the Fundraising Regulator is reviewed regularly, especially if the income mix of the charity changes significantly. Action Tutoring takes its responsibility as a fundraiser in terms of safeguarding, data protection and market regulations seriously and does not send unsolicited mail, electronic or otherwise, to individuals. All fundraising takes place through its existing volunteers, contacts and social media campaigns.
## **Expenditure and overall performance**
The total expenditure for the year was £3,319,119, leading to a surplus of £98,089. Of the total expenditure, £2,512,627 represented expenditure allocated directly to tuition and school support, with £596,631 representing support costs and fundraising costs representing £158,409 of total expenditure. Additionally, for the first time this year, the costs relating to advocacy for public funding of tutoring as a needed provision for pupils facing disadvantage have been broken out as a separate charitable activity; this totalled £51,452.
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**Breakdown of direct costs (2023-24):**
## **Investment policy**
Action Tutoring’s cash management approach aims to ensure that the charity has access to cash funds as needed to finance its operations while optimising the blend of credit risk and interest rate returns. The charity has no UK-based assets against which to secure a loan or overdraft, and hence, any short-term facility, if available at all, is likely to be expensive, rapidly wiping out any benefit from interest income; the risk appetite for liquidity issues is therefore very low. Action Tutoring seeks to produce the best financial return within an acceptable level of risk.
Action Tutoring’s assets are held in cash or near cash investments (denominated in sterling) to facilitate quick and easy access and ensure its cash flow is not constrained. The charity holds a minimum of three months of gross expenditure in instant access accounts. This guards against the risk of secured income receipts being delayed. Additionally, cash above this level is held in a mix of short term or notice deposits with a maturity profile such that (subject to total cash levels) the charity has access to funds to cover its forecast gross expenditure.
## **Reserves policy**
Action Tutoring’s reserves policy focuses on free reserves, as these are the available reserves held at the Trustees' discretion. The policy is designed to ensure that the charity’s work is protected from the risk of disruption at short notice due to a lack of funds while at the same time ensuring it does not retain income for longer than required. The reserves policy is kept under regular review, and target levels are adjusted as assessments of risk
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and other factors develop or change. Key areas considered by the Trustees in determining target reserve levels include the financial impact of risks, inflationary pressures on the charity’s cost base and required levels of working capital.
The current target range for free reserves is between four and six months of expenditure - equivalent to between £1.2m and £1.8m based on planned expenditure in the next financial year. Action Tutoring’s free reserves at the year-end were £1.3m, equivalent to four months of expenditure. The charity’s free reserves were, therefore, within the target range.
The Trustees have also set aside designated funds. These funds are being held to mitigate the additional risks which now arise from (i) NTP funding not continuing beyond the end of the 2023-24 academic year and (ii) increasing pressure on school budgets, adversely impacting the ability of schools to allocate funding for tutoring. Action Tutoring expects to use some of these designated funds in 2024-25 in order to enable schools to continue to be able to access its tutoring programmes.
## **Going concern**
The trustees have reviewed the reserves position, the income pipeline and planned expenditure. Based on this, 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**
## **Structure**
Action Tutoring is a charitable company limited by guarantee, incorporated in May 2012 and registered as a charity in the same month. The company was established under a Memorandum of Association, which established the objects and powers of the charitable company and is governed under its Articles of Association. The charity is governed by a Board of Trustees which has legal, financial, and managerial responsibility for the charity. The Trustees constitute directors of the charitable company for the purposes of the Companies Act 2006 and Trustees of the charity for the purposes of the Charities Act 2011.
## **Governance**
The Trustee Board meets at least five times a year, with four formal board meetings and an annual away day to discuss wider aspects of the charity's overall strategy. In addition, the Board has two formal sub-committees, each of which meets twice a year. The first is the Audit, Finance and Risk Committee which has particular responsibilities for monitoring the annual audit, scrutinising the risk register in depth and supporting the Senior Leadership Team in setting and scrutinising the charity’s budget. The second is the Human Resources Committee, which assists the Board in matters relating to remuneration policy, talent management and HR policies; sets the CEO’s remuneration; and assists with board nominations and governance.
Trustees keep up-to-date with charity regulation through reports from the Senior Leadership Team, which are presented as part of the main agenda in the quarterly board meetings, as well as attending relevant training, and are expected to share knowledge and best practice at trustee meetings.
## **Management**
Responsibility for day-to-day operations and the leadership of the staff and volunteer team is delegated to the Senior Leadership Team, led by the Chief Executive Officer, and supported by a wider Senior Management Team. The Senior Leadership 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 Leadership Team, remain the Trustees' responsibility.
The charity has no subsidiaries, and there were no related party transactions during the year. The Trustees give their time voluntarily.
In 2023-24, the work of Action Tutoring was carried out by 78 paid staff and 1,896 volunteer tutors.
## **Remuneration Policy**
Action Tutoring has a pay policy which sets out how it adopts a fair salary structure which is applied consistently to all its employees. The Trustees are ultimately responsible for setting and approving staff remuneration. Trustees have direct oversight of the Senior Leadership Team's pay and, through the approval of the annual budget, the pay policy and any overall increases in the total pay envelope for the rest of the staff team.
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The salary level for all posts in the organisation is calculated based on:
- The accountabilities set out in the relevant role profile, including any specific responsibilities and sector benchmarking.
- The required knowledge, skills/abilities and qualifications as described in the person specification.
Action Tutoring aims to maintain fair and comparable remuneration levels in the market with other similar organisations in terms of size and operation.
The charity’s decisions around pay are based on the following principles:
- Ensuring that the charity maximises its impact by recruiting the best people.
- Demonstrate integrity through evidence-based decision-making.
- Benchmarking against similar organisations within the sector and making sure the charity’s salaries are fair in comparison.
That charity does not operate a performance-based pay system and does not make bonus payments.
## **Recruitment and training of trustees**
The recruitment of trustees is carried out primarily through external recruitment, including advertising on external sites and using recruitment agencies; nominations from within the current Board and wider recommendations 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 with the approval of the existing members, following an interview process and recommendation from the interview panel.
## **Risk assessment**
The Trustees of Action Tutoring have ultimate responsibility for overseeing risk management for the organisation as a whole but recognise that staff are crucial in implementing the risk management process, so consideration of risk is delegated to the Senior Leadership Team. The charity maintains a Strategic Risk Register, which is reviewed monthly by the Senior Leadership Team and is a standing item for review by both the Trustee Board and Audit, Finance and Risk Committee when they meet.
There are currently nine Strategic Risks identified; these and the outline of the mitigation plans are:
|plans are:||
|---|---|
|**Risk**|**Mitigation**|
|**Safeguarding**(The safeguarding of those
pupils that Action Tutoring serve is rightly
regarded as a critical priority with the
need to have the appropriate systems
and procedures in place)|Mandatory training, established code of conduct, policies
and procedures, strong pre-employment checks, regular
reminders, full annual review of all policies, safer
recruitment policy; ensuring a culture of safeguarding
across the organiation and a willingness to report and take
action.|
|**School budgets and change in delivery**
**model of NTP**(Schools budgets are|Controlled budget to ensure no overspend, capacity
building in fundraising team, building a school discount|
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|increasingly stretched, and NTP funding
has ended)|model, advocacy work with others in the sector, strong
credit control and building a clear marketing proposition to
schools.|
|---|---|
|**Philanthropy**(NTP funding ending
places increased reliance on
non-school/government funding sources
to ensure the viability of tutoring
offerings to schools)|Developing a detailed and wide ranging philanthropy
strategy, researching and cultivating relationships with new
funder leads, investment in developing the philanthropy
team, ensuring tight control of programmes, establishing a
wider Philanthropy strategy and multiple lines of income to
build Action Tutoring’s fnancial base.|
|**Volunteer recruitment**(External
environment and changes in programme
commitment
requirements lead to a reduction in
volunteer sign-ups.)|Analysis of volunteer sign-ups, cross-organisational
approach to volunteer recruitment, making use of targeted
recruitment avenues, increased digital marketing.|
|**Staffng**(Salary costs are Action
Tutoring’s biggest single cost and
therefore investment; Action Tutoring’s
performance is directly correlated to the
quality of its staff)|Detailed metrics gathered, including staff turnover, regular
benchmarking of employee proposition, fundraising
strategy, building out a Learning and Development
strategy, increased use of apprenticeship opportunities.|
|**Financial fraud**(Financial fraud and
controls are key to ensuring appropriate
management of charitable funds)|Robust fnancial procedures, access to systems carefully
controlled, dual payment authorisation, clear levels of
authorisation, steps in place to clearly identify external
emails.|
|**Government policy**(Education policy is a
rapidly changing environment which
impacts both
tutoring and, specifcally Action Tutoring)|Advocacy work continues to raise the profle of Action
Tutoring and tutoring in general; the Senior Leadership
Team and wider Senior Management Team monitor
education policy and liaise with key external organisations.|
|**Generative Large Language Model**
**Artifcial Intelligence (AI) Systems**
(Competitors and schools increase their
use of AI instead of tutors resulting
in lost business. Action Tutoring does not
properly make use of AI in its business
processes.)|Engage and keep up with technological advances in
generative AI. Begin the process of investigation of using
generative AI for increasing internal effciencies (e.g.
marking of assessments, generating marketing content
and application as subject-support in tutoring itself).|
|**Cyber security**(Malware, phishing and
other cyber attacks are an increasingly
signifcant threat to all organisations)|Use of managed hardware for Action Tutoring phones and
computers, password management system, malware and
anti-virus software on all computers, mandatory data
protection training, breach reporting, two-step
authentication introduced on key systems.|
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## **Future plans and aims**
Now in its 12th year Action Tutoring is entering a new chapter following the ending of the National Tutoring Programme in summer 2024. This brings new challenges and new opportunities for the 2024-25 academic year. Susannah Hardyman, CEO and Founder, is also stepping down in December 2024 after 12 years leading the charity. Recruitment for her successor is underway, to be in post in early 2025.
The charity is continuing to consolidate its work and ensure a strong platform for future growth and it remains committed to its strategy which focuses on four key areas: reach, growth, impact and advocacy. This strategy enables Action Tutoring to maintain a laser focus on its mission, ensuring the charity is having a meaningful impact on the young people it supports, and continually striving to reach more.
## **Reach**
In the year ahead Action Tutoring plans to expand the locations the charity works in, especially to reach more rural and coastal areas to support pupils who are often facing hidden disadvantages. This means continuing to build on the success already achieved in reaching schools outside of its eight regions. Particular geographical areas of focus for 2024-25 include Essex, Devon, Blackpool, Rotherham, Middlesbrough, Wolverhampton and Derby, but the charity also remains responsive to opportunities that arise in other locations.
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## **Growth**
With the ending of the National Tutoring Programme and school budgets becoming increasingly restricted, the growth strand of Action Tutoring’s strategy has become more challenging to deliver. However with the attainment gap at its widest in 12 years, the need for Action Tutoring’s support is greater than ever. The charity remains committed to its ambition for growth whilst ensuring that its targets can be reached sustainably and it can overcome the external barriers it faces.
## **Impact**
Action Tutoring is proud of the record impact it’s already demonstrated over the last few years and is continuing to refine its tutoring resources, pupil assessments and volunteer development to further improve pupil outcomes. Additionally it is aiming to carry out a quasi-experimental design (QED) evaluation on its Year 6 maths programme in autumn 2024 with an ambition for a larger external randomised control trial (RCT) evaluation in the 2025-26 academic year. These pieces of evidence would have significant value in demonstrating to key policy decision makers, funders and schools why investing in tutoring is crucial to enabling pupils facing disadvantage to progress in life. A new curriculum will be developed for the Year 5 cohorts based on thorough research and feedback. This will ensure every tutoring session has an impact.
## **Advocacy**
Although disappointing that the NTP was not extended, Action Tutoring’s advocacy efforts and ambitions have not been dampened. In 2024-25 the charity will continue to campaign and seek to engage politicians and key decision makers, advocating for extended government investment in state school tutoring. As part of this work Action Tutoring will participate in panels at the 2024 party conferences and collaborate with Public First on two new reports looking at lessons learned from the National Tutoring Programme and a tutoring policy proposal for the new Labour Government. It will continue to grow its influence and contribution to policy-making with partners in the sector to shape young people’s futures positively.
To achieve all the outlined medium to long-term strategies, collaboration, one of Action Tutoring’s core values, will continue to be critical to the charity’s success. Internally, the team will work together to optimise its unique talents and drive efficiencies to improve the operational and managerial performance and impact of programme delivery. Beyond its workforce, the charity will work hand in hand with sector partners, funders, schools, volunteer tutors and the wider network for the collective growth of the education sector.
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## **Legal and administrative details as of 31st August 2024**
## **Registered name**
Action Tutoring Ltd
## **Registered Charity Number**
1147175
## **Registered Company Number**
08105978
## **Registered Address**
Action Tutoring Fivefields 8-10 Grosvenor Gardens Victoria SW1W 0DH
## **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) Mark Shadrack (Treasurer) Jo Conduit-Smith Abbie Hayes Andy Ratcliffe Anna Paige Sara Selvarajah Susannah Hardyman
## **Senior Leadership Team**
Susannah Hardyman – Chief Executive Officer
Jen Fox - Deputy CEO Nicholas Bull - Director of Operations and Finance (appointed July 2023)
Fleur Peel – Director of Marketing and Communications (maternity leave from February 2023 to December 2023)
## **Bankers**
HSBC, 8 Victoria Street, London, SW1 0ND
## **Independent Auditors**
Goodman Jones LLP, 29-30 Fitzroy Square, Fitzrovia, London, W1T 6LQ
27
## **Statement of Trustees’ responsibilities**
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:
- Select suitable accounting policies and then apply them consistently; Observe the methods and principles in the Charities SORP;
- Make judgments and estimates that are reasonable and prudent;
- State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the Financial Statements; Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
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:
so far as that Trustee is aware, there is no relevant audit information of which the charitable company's auditors are unaware, and
- that Trustee has taken all the steps that ought to have been taken as a Trustee to be aware of any relevant audit information and to establish that the charitable company's auditors are aware of that information.
## **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 Date** 12-12-24 Chair
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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 'charitable company') for the year ended 31 August 2024 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:
- give a true and fair view of the state of the charitable company's affairs as at 31 August 2024 and of its incoming resources and application of resources, including its income and expenditure for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
- Practice; and
- have been prepared in accordance with the requirements of the Charities Act 2011 and Companies Act 2006.
## **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 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 other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The Trustees are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the
29
other information is materially inconsistent with the financial statements or our knowledge obtained in the course of 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 this gives rise to a material misstatement in the financial statements themselves. 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:
- the information given in the Trustees' Report is inconsistent in any material respect with the financial statements; or
- sufficient accounting records have not been kept; or
- the financial statements are not in agreement with the accounting records and returns; or
- we have not received all the information and explanations we require for our audit.
## **Responsibilities of trustees**
As explained more fully in the Trustees' Responsibilities Statement, the Trustees (who are also the directors of the charitable company 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
30
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.
## These procedures included:
- Discussions with management, including consideration of known or suspected instances of non-compliance with laws and regulation and fraud;
- Reading minutes of meetings of those charged with governance;
- Obtaining and reading correspondence from legal and regulatory bodies including HMRC;
- Identifying and testing journal entries;
- Challenging assumptions and judgements made by management in their significant accounting estimates.
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.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.
## **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 members, as a body, for our audit work, for this report, or for the opinions we have formed.
## **Goodman Jones LLP**
Chartered Accountants Statutory Auditors 1st Floor, Arthur Stanley House 40-50 Tottenham Street London W1T 4RN
Date: 13-12-24
Goodman Jones LLP are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.
31
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2024**
|**Note**
**Income from:**
Donations and legacies
4
Charitable activities
5
Investments
6
**Total income**
**Expenditure on:**
Raising funds
7
Charitable activities
8
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Unrestricte**
**funds**
**d**
**Restricted**
**funds**
**2024**
**2024**
**£**
**£**
**1,522,100**
**410,072**
**1,403,715**
**-**
**81,321**
**-**
**3,007,136**
**410,072**
**193,125**
**-**
**2,705,892**
**420,102**
**2,899,017**
**420,102**
**108,119**
**(10,030)**
**2,312,935**
**10,030**
**108,119**
**(10,030)**
**2,421,054**
**-**|**Unrestricte**
**funds**
**d**
**Restricted**
**funds**
**2024**
**2024**
**£**
**£**
**1,522,100**
**410,072**
**1,403,715**
**-**
**81,321**
**-**
**3,007,136**
**410,072**
**193,125**
**-**
**2,705,892**
**420,102**
**2,899,017**
**420,102**
**108,119**
**(10,030)**
**2,312,935**
**10,030**
**108,119**
**(10,030)**
**2,421,054**
**-**|**Total**
**funds**
**2024**
**£**
**1,932,172**
**1,403,715**
**81,321**
**3,417,208**
**193,125**
**3,125,994**
**3,319,119**
**98,089**
**2,322,965**
**98,089**
**2,421,054**|_Total_
_funds_
_2023_
_£_
_1,462,090_
_2,077,589_
_25,982_|
|---|---|---|---|---|
|||**410,072**||_3,565,661_|
|||**-**
**420,102**||_170,092_
_2,652,408_|
|||**420,102**||_2,822,500_|
|||**(10,030)**||_743,161_|
|||**10,030**
**(10,030)**
**-**||_1,579,804_
_743,161_|
|||||_2,322,965_|
The Statement of Financial Activities includes all gains and losses recognised in
the year. The notes on pages 35 to 53 form part of these financial statements.
32
**BALANCE SHEET FOR THE YEAR ENDED 31 AUGUST 2024**
|**Note**
**Fixed assets**
Tangible assets
12
**Current assets**
Debtors
13
Cash at bank and in hand
Creditors: amounts falling due within
one year
14
**Net current assets**
**Total assets less current liabilities**
**Total net assets**
**Charity funds**
Restricted funds
15
Unrestricted funds
Designated funds
15
General funds
15
Total unrestricted funds
15
**Total funds**|**150,167**
**2,594,286**|**2024**
**£**
**8,822**
**2,412,232**
**2,421,054**
**2,421,054**
**-**
**2,421,054**
**2,421,054**|_64,594_
_2,364,939_|_2023_
_£_
_4,002_
_2,318,963_|
|---|---|---|---|---|
||**2,744,453**
**(332,221)**||_2,429,533_
_(110,570)_||
||**1,100,000**
**1,321,054**||_1,100,000_
_1,212,935_||
|||||_2,322,965_|
|||||_2,322,965_|
|||||_10,030_
_2,312,935_|
||||||
|||||_2,322,965_|
The entity was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the entity to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
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 preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
................................................
**Peter Baines**
Chair
................................................ **Mark Shadrack** Treasurer
Date:
The notes on pages 35 to 53 form part of these financial statements.
33
## **STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2024**
|**Cash** **fows** **from** **operating** **activities**
Net cash used in operating activities
**Cash** **fows** **from** **investing** **activities**
Dividends, interests and rents from investments
Purchase of tangible fxed assets
**Net** **cash** **provided** **by** **investing** **activities**
**Cash** **fows** **from** **fnancing** **activities**
**Net** **cash** **provided** **by** **fnancing** **activities**
**Change** **in** **cash** **and** **cash** **equivalents** **in** **the** **year**
Cash and cash equivalents at the beginning of the year
**Cash** **and** **cash** **equivalents** **at** **the** **end** **of** **the** **year**
The notes on pages35to53form part of these financial statements|**2024**
**£**
_2023_
_£_
**147,563**
_1,015,661_|
|---|---|
||**92,991**
_25,982_
**(11,207)**
_(2,136)_|
||**81,784**
**23,846**|
||**-**
**-**
**229,347**
**1,039,507**
**2,364,939**
_1,325,432_|
||**2,594,286**
_2,364,939_|
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## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024**
## **1. General information**
Action Tutoring Ltd is a charitable company, limited by guarantee, registered in England and Wales, and whose registered office address is Fivefields, 8-10 Grosvenor Gardens, London, SW1W 0DH. 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 1. 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). Having considered the future plans of the Charity, expected future income and expenditure, and available reserves, 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.
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
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## **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.
School income is receivable under contracts and 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 facilities are recognised on the basis of the value of the gift to the Charity which is the amount it 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
## **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.
Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
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 VAT.
36
## **2.8 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.
Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities, events and non-charitable trading.
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 VAT.
## **2.9 Pensions**
The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.
## **2.10 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
## **2.11 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.
## **2.12Cash 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.
## **2.13Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer
37
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.
Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities, events and non-charitable trading.
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 VAT.
## **2.14 Pensions**
The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.
## **2.15 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
## **2.16Debtors**
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.
## **2.17Cash 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.
## **2.18Liabilities 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.
38
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advance 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 in the Statement of Financial Activities as a finance cost.
## **2.19Financial 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.
## **3. Critical accounting estimates and areas of judgement**
Estimates and judgements 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.
Critical accounting estimates and assumptions:
The Charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The estimates and assumptions that are considered to have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows:
Income Recognition - The Charity receives income from contracts and performance grants. These agreements can include various qualitative and quantitative milestones and performance conditions to be met in order for the Charity to have entitlement to the funds. The Charity makes various assumptions in determining the stage of completion of these contracts and performance grants
39
## **4. Income from donations and legacies**
|Donations
Grants
_Total 2023_|**Unrestricted**
**funds**
**2024**
**£**
105,821
1,416,279
1,522,100
_847,674_|**Restricted**
**funds**
**2024**
**£**
-
410,072
410,072
_614,416_|**Total**
**funds**
**2024**
**£**
**105,821**
**1,826,351**
**1,932,172**
_1,462,090_|_Total_
_funds_
_2023_
_£_
_107,674_
_1,354,416_|
|---|---|---|---|---|
|||||_1,462,090_|
||||||
## **5. Income from charitable activities**
|Tuition and school support
National Tutoring Programme
_Total 2023_|**Unrestricted**
**funds**
**2024**
**£**
474,893
928,822
1,403,715
_2,077,589_|**Total**
**funds**
**2024**
**£**
**474,893**
**928,822**
**1,403,715**
_2,077,589_|_Total_
_funds_
_2023_
_£_
_912,441_
_1,165,148_|
|---|---|---|---|
||||_2,077,589_|
|||||
In its first two years (2020/21 and 2021/22), the National Tutoring Programme (NTP) income represented government grant funding received by Action Tutoring. In 2022/23 and 2023/24 NTP funding was provided directly to schools who use the funding to access the charity's services. For both years 2023 and 2024 this funding relates to income from schools using NTP funds.
40
## **6. Investment income**
|Interest income
_Total 2023_|**Unrestricted**
**funds**
**2024**
**£**
81,321
_25,982_|**Total**
**funds**
**2024**
**£**
**81,321**
_25,982_|_Total_
_funds_
_2023_
_£_
_25,982_|
|---|---|---|---|
|||||
## **7. Expenditure on raising funds**
||Costs of raising funds
Costs of raising funds - wages and salaries
Allocated centrally incurred fundraising and
governance costs|**Unrestricted**
**funds**
**2024**
**£**
5,715
152,694
34,716
193,125
_170,092_|**Total**
**funds**
**2024**
**£**
**5,715**
**152,694**
**34,716**
**193,125**
_170,092_|_Total_
_funds_
_2023_
_£_
_6,171_
_163,921_
_-_|
|---|---|---|---|---|
|||||_170,092_|
||||||
||_Total 2023_||||
||||||
41
## **8. Analysis of expenditure on charitable activities**
## **Summary by fund type**
|Tuition and school support
Advocacy
_Total 2023_|**Unrestricted**
**funds**
**2024**
**£**
2,643,163
62,729
2,705,892
_2,037,992_|**Restricted**
**funds**
**2024**
**£**
420,102
-
420,102
_614,416_|**Total**
**2024**
**£**
**3,063,265**
**62,729**
**3,125,994**
_2,652,408_|_Total_
_2023_
_£_
_2,652,408_
_-_|
|---|---|---|---|---|
|||||_2,652,408_|
||||||
## **9. Analysis of expenditure by activities**
|Tuition and school support
Advocacy
_Total 2023_|**Activities**
**undertaken**
**directly**
**2024**
**£**
2,512,627
51,452
2,564,079
_2,083,141_|**Support**
**costs**
**2024**
**£**
550,638
11,277
561,915
_569,267_|**Total**
**funds**
**2024**
**£**
**3,063,265**
**62,729**
**3,125,994**
_2,652,408_|_Total_
_funds_
_2023_
_£_
_2,652,408_
_-_|
|---|---|---|---|---|
|||||_2,652,408_|
||||||
9.
42
## **10. Analysis of expenditure by activities (continued)**
## **Analysis of direct costs**
|Staff costs
Marketing
Programme travel and accommodation
Training
Repairs and maintenance
Tutor resources
Volunteer expenses and training
DBS checks
Online tutoring
Consultancy fees
Advocacy consultancy and travel
_Total 2023_|**Tuition**
**and**
**school**
**support**
**2024**
**£**
2,233,521
81,195
43,732
-
12,895
42,641
5,092
18,412
57,905
17,234
-
2,512,627
_2,083,141_|**Advocacy**
**2024**
**£**
17,287
-
-
-
-
-
-
-
-
-
34,165
51,452
_-_|**Total**
_Total_
**funds**
_funds_
**2024**
**£**
_2023_
_£_
**2,250,808**
_1,906,966_
**81,195**
_61,001_
**43,732**
_-_
**-**
_12_
**12,895**
_-_
**42,641**
_34,576_
**5,092**
_2,516_
**18,412**
_13,029_
**57,905**
_46,889_
**17,234**
_18,152_
**34,165**
_-_
**2,564,079**
_2,083,141_
_2,083,141_|
|---|---|---|---|
43
## **9. Analysis of expenditure by activities (continued)**
## **Analysis of support costs**
|Staff costs
Depreciation
Recruitment
Marketing
Rent
Travel and accommodation
Training
Welfare
Insurance
Accountancy fees
Audit fees
Offce costs
Sundry expenses
IT Costs
Legal and professional fees
Bank charges
_Total 2023_|**Tuition**
**and**
**school**
**support**
**2024**
**£**
240,308
5,894
4,000
1,800
132,707
4,237
5,751
31,728
6,581
5,376
8,832
27,345
2,031
52,993
19,937
1,118
550,638
_569,267_|**Advocacy**
**2024**
**£**
4,921
121
82
37
2,718
87
117
650
135
110
181
560
42
1,085
408
23
11,277
_-_|**Total**
**funds**
**2024**
**£**
**245,229**
**6,015**
**4,082**
**1,837**
**135,425**
**4,324**
**5,868**
**32,378**
**6,716**
**5,486**
**9,013**
**27,905**
**2,073**
**54,078**
**20,345**
**1,141**
**561,915**
_569,267_|_Total_
_funds_
_2023_
_£_
_278,133_
_16,132_
_12,129_
_10,974_
_45,565_
_58,253_
_25,807_
_6,403_
_1,741_
_6,800_
_10,750_
_23,652_
_1,067_
_47,385_
_23,390_
_1,086_|
|---|---|---|---|---|
|||||_569,267_|
||||||
44
## **10. Staff costs**
|Wages and salaries
Social security costs
Other pension costs|**2024**
**£**
**2,387,329**
**216,715**
**59,839**
**2,663,883**|_2023_
_£_
_2,089,687_
_202,782_
_56,551_|
|---|---|---|
|||_2,349,020_|
The average number of persons employed by the Charity during the year was as follows:
||**202**|_2023_|
|---|---|---|
||**4**|_No._|
||**No.**||
|Employees|**78**|_71_|
The number of employees whose employee benefits (excluding employer pension costs) exceeded
£60,000 was:
|||**2024**|_2023_|
|---|---|---|---|
|||**No.**|_No._|
|In the band £60,001|- £70,000|**1**|_1_|
|In the band £70,001|- £80,000|**1**|_1_|
|In the band £80,001|- £90,000|**1**|_-_|
During the year, total remuneration and benefits paid to key management personnel totaled £308,904 (2023: £295,352).
During the year, S Hardyman, a trustee (2023: 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.
## **11. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits _(2023 - £NIL)_ other than as disclosed in note 10.
During the year ended 31 August 2024, no Trustee expenses have been incurred _(2023 - £NIL)_ .
45
## **12. Tangible fixed assets**
|**Cost or valuation**
At 1 September 2023
Additions
At 31 August 2024
**Depreciation**
At 1 September 2023
Charge for the year
On disposals
At 31 August 2024
**Net book value**
At 31 August 2024
_At 31 August 2023_
**13.**
**Debtors**
**Due within one year**
Trade debtors
Other debtors
Prepayments and accrued income|**2024**
**£**
**10,667**
**6,871**
**132,629**
**150,167**|**Offce**
**equipment**
**£**
**109,730**
**(5,030)**|
|---|---|---|
|||**104,700**|
|||**105,728**
**6,387**
**(16,237)**|
|||**5,878**|
|||**8,822**|
|||_4,002_|
|||_2023_
_£_
_4,301_
_11,100_
_49,193_|
|||_64,594_|
46
## **14. Creditors: Amounts falling due within one year**
|Trade creditors
Other creditors
Accruals and deferred income
Deferred income at 1 September
Resources deferred during the year
Amounts released from previous periods|**2024**
**£**
_2023_
_£_
**17,080**
_14,678_
**16,099**
_13,804_
**299,042**
_82,088_|
|---|---|
||**332,221**
_110,570_|
||**2024**
**£**
_2023_
_£_
**50,000**
_-_
**260,000**
_50,000_
**(50,000)**
_-_|
||**260,000**
_50,000_|
|||
Deferred income brought forward and carried forward represents grant income received in advance of performance conditions being
47
## **15. Statement of funds**
## **Statement of funds - current year**
|**Unrestricted funds**
**Designated funds**
Future Programme Fund
**General funds**
General Funds
**Total Unrestricted funds**
**Restricted funds**
EY Foundation
J & H Peters Fund (Managed by King
Baudouin Foundation)
Westminster Foundation
Tesco Stronger Starts
Fidelity Foundation
Swire Charitable Trust
DAC Beachcroft
Dulverton Trust
Drapers Charitable Trust
Big Ask
**Total funds**|**Balance at 1**
**September**
**2023**
**£**
**1,100,000**
**1,212,935**
**2,312,935**
**10,030**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**10,030**
**2,322,965**|**Income**
**£**
**-**
**3,007,136**
**3,007,136**
**-**
**78,000**
**125,600**
**4,000**
**20,400**
**40,000**
**52,072**
**35,000**
**30,000**
**25,000**
**410,072**
**3,417,208**|**Expenditure**
**Balance at**
**31 August**
**2024**
**£**
**£**
**-**
**1,100,000**|
|---|---|---|---|
||||**(2,899,017)**
**1,321,054**|
||||**(2,899,017)**
**2,421,054**|
||||**(10,030)**
**-**
**(78,000)**
**-**
**(125,600)**
**-**
**(4,000)**
**-**
**(20,400)**
**-**
**(40,000)**
**-**
**(52,072)**
**-**
**(35,000)**
**-**
**(30,000)**
**-**
**(25,000)**
**-**|
||||**(420,102)**
**-**|
||||**(3,319,119)**
**2,421,054**|
|||||
48
## **15. Statement of funds (continued)**
|||**Statement of funds -**
**prior year**
**Unrestricted funds**
**Designated funds**
Future Programme Fund
**General funds**
General Funds
**Total Unrestricted funds**|_Balance at 1_
_September_
_2022_
_£_
_833,091_
_736,683_
_1,569,774_|_Income_
_£_
_-_
_2,951,245_
_2,951,245_|_Transfers_
_Expenditure_
_£_
_in/out_
_£_
_-_
_266,909_|_Balance at_
_31 August_
_2023_
_£_
_1,100,000_
_1,212,935_
_2,312,935_
_10,030_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_10,030_
_2,322,965_|
|---|---|---|---|---|---|---|
||||||_(2,208,084)_
_(266,909)_
_(2,208,084)_
_-_||
|||**Restricted funds**
EY Foundation
Westminster Foundation
Allan & Gill Gray Foundation
Fidelity Foundation
DAC Beachcroft
Dulverton Trust
Mischon De Reya
Drapers Charitable Trust
Allen and Overy
Eveson Trust
Big Ask
Garfeld Weston
**Total funds**|_10,030_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_10,030_
_1,579,804_|_-_
_100,000_
_200,000_
_125,429_
_32,487_
_35,000_
_4,000_
_30,000_
_27,500_
_5,000_
_25,000_
_30,000_
_614,416_
_3,565,661_|_-_
_-_
_(100,000)_
_-_
_(200,000)_
_-_
_(125,429)_
_-_
_(32,487)_
_-_
_(35,000)_
_-_
_(4,000)_
_-_
_(30,000)_
_-_
_(27,500)_
_-_
_(5,000)_
_-_
_(25,000)_
_-_
_(30,000)_
_-_
_(614,416)_
_-_
_(2,822,500)_
_-_||
|||||49|||
## **15. Statement of funds (continued)**
The designated funds, consolidated in 2021 as the Future Programme Fund, represent funds designated by the Trustees towards Action Tutoring's long-term development and organisational sustainability, notably the ending of funding in its current format for the National Tutoring Programme at the end of the academic year 2023-24.
The restricted funds are held for the following purposes:
**EY Foundation** - funding received towards provision of IT equipment for the needs of young people; funding agreed for the provision of headphones.
**J & H Peters Fund (Managed by King Baudouin Foundation)** - tutoring block in rural and coastal areas in the South of England
**Westminster Foundation** - funding restricted to programmes in Westminster and Chester.
**Tesco Stronger Starts** - funding restricted to programmes in London.
**Fidelity Foundation** - restricted to organisational and technology development to increase access to online tuition.
**Swire** - restricted to core funding of maths and English programmes.
**DAC Beachcroft** - funding restricted to programmes in the north of England.
**Dulverton Trust** - funding restricted to core funding.
**Drapers Charitable Trust** - restricted to the provision of programmes in London schools.
**Big Ask** - restricted to the provision of a programme co-ordinator to support programmes in Newcastle and Durham.
**Allen & Gill Gray Foundation** - restricted specifically to cover the Charity's core costs.
**Mishcon De Reya** - restricted to supporting programmes generally, utilised specifically for the provision of tutoring in Newcastle.
**Allen and Overy Foundation** - funding restricted to online tutoring.
**Eveson Trust** - restricted to the provision of programmes in Birmingham schools.
**Garfield Weston** - restricted to the support of core costs.
50
## **16. Analysis of net assets between funds**
## **Analysis of net assets between funds - current period**
||**Unrestricted**|**Total**|
|---|---|---|
||**funds**|**funds**|
||**2024**|**2024**|
||**£**|**£**|
|Tangible fxed assets|8,822|**8,822**|
|Current assets|2,744,453|**2,744,453**|
|Creditors due within one year|(332,221)|**(332,221)**|
|**Total**|2,421,054|**2,421,054**|
## **Analysis of net assets between funds - prior period**
||_Unrestricted_|_Restricted_|_Total_|
|---|---|---|---|
||_funds 2023_|_funds_|_funds_|
||_£_|_2023_|_2023_|
|||_£_|_£_|
|Tangible fxed assets|_4,002_|_-_|_4,002_|
|Current assets|_2,369,503_|_60,030_|_2,429,533_|
|Creditors due within one year|_(60,570)_|_(50,000)_|_(110,570)_|
|**l**|_2,312,935_|_10,030_|_2,322,965_|
## **Total**
51
## **17. Reconciliation of net movement in funds to net cash flow from operating activities**
||||**2024**|_2023_|
|---|---|---|---|---|
||||**£**|_£_|
||Net income for the period (as per Statement of Financial Activities)||**98,089**|_743,161_|
||**Adjustments for:**||||
||Depreciation charges||**6,387**|_16,132_|
||Dividends, interests and rents from investments||**(92,991)**|_(25,982)_|
||(Increase)/decrease in debtors||**(78,702)**|_244,322_|
||Increase in creditors||**214,780**|_38,028_|
||**Net cash provided by operating activities**||**147,563**|_1,015,661_|
|**18.**|**Analysis of cash and cash equivalents**||||
||||**2024**|_2023_|
||||**£**|_£_|
||Cash in hand||**2,594,286**|_2,364,939_|
||**Total cash and cash equivalents**||**2,594,286**|_2,364,939_|
|**19.**|**Analysis of changes in net debt=**||||
|||**At 1**||**At 31**|
|||**September**|**Cash Flows**|**August 2024**|
|||**£**|**£**|**£**|
||Cash at bank and in hand|**2,364,939**|**229,347**|**2,594,286**|
|||**2,364,939**|**229,347**|**2,594,286**|
52
## **20. Operating lease commitments**
At 31 August 2024 the Charity had commitments to make future minimum lease payments under non- cancellable operating leases as follows:
|Not later than 1 year
Later than 1 year and not later than 5 years|**2024**
**£**
**130,968**
**147,344**
**278,312**|_2023_
_£_
_1,200_
_-_|
|---|---|---|
|||_1,200_|
In October 2023 Action Tutoring entered into a three year agreement to rent office space in partnership with Grosvenor West End Properties Limited and the Westminster Foundation.
## **21. Related party transactions**
Apart from as disclosed above or elsewhere in the financial statements, there are no other transactions with related parties in either the current and/or prior years that require disclosure.
## **22. Controlling party**
The Charity is controlled by the Board of Trustees as a whole and there is no one individual with overall control.
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Action Tutoring Fivefields 8-10 Grosvenor Gardens Victoria SW1W 0DH
0300 102 0094
hello@actiontutoring.org.uk www.actiontutoring.org.uk
Action Tutoring is proud to be a member of the Fair Education Alliance (faireducation.org.uk).
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