Company registration number.. 12496030 Charity Wlstration number.. 1149568 Community Education Employment And Advice LTD IA cornpany limited by share capital) Annual Report and Financial Statements for tha period from 1 April 2023 10 31 January 2024 RM Accountancy Sèrvices Castle Cavendish Business Centre Dorking Road Nottingham NG7 SPN
Community Education Employment And Advice LTD Contents Refgrence and Administrative Details Strategic Report Trustees, Report 3105 Accoun18nts' Rèport Slalemenl of Financial Activities 7108 Balance Sheet 9t010 Notes lo the Financial Statements 11to25
Community Education Employment And Advice LTD Referènce and Administrative Details Charity Reg15tratlon Numb•r 1149568 Company R•glstratlon Number 12496030 The charity is incorporalod in England and Wales. Casue Cavendish Business Centre Dorking Road Nottingham NG7 5PN Registered Offi¢• Accountants RM Accountancy Services Casfje Cavendish Businass Centre Dorking Road Nottingham NG7 5PN Page 1
Community Education Employment And Advice LTD Strategic Report for the Period from 1 April 2023 to 31 January 2024 The trustees, who are directors for the purposes of company law, present Iheir slrategic report for the period from 1 April 2023 10 31 January 2024, in compliance with s414C of the Companies Act 2006. The slrale9ic report was approved by th8 trust88s of th8 charlty on by.. 8nd sign8d on its behalf Mrs Ruksanna Malik Trustee Mr Wajid Hussain Trustee Page 2
Community Education Employment And Advice LTD Trustees. Report The trustees, who are directors IDr the purposes of company law. present the annual report togelher with the financial statements of the charitable company for the period ended 31 January 2024. Obj¢etlves and activitie5 Objects and aims Bring the community together, increase cohesion and redueè r8ciallreligious tension. Improve health and wellbeing for thosa suffering from chronic illness, diabetes, high blood pressure, mental heatth issues or those feeling generally low and in poor physical health Publlc benofit Wg provide support via self-help groLJPS where everyone can spgak freely and share their oxpèriances with Dlhers and r&¢eive special input from experts. We regularly run courses and workshops in lrfestye change and haalthy cooking elc.we provide Ir8ining to improve digital skills. The trLJSt8as confim that they have complied rith the requirements of section 17 of the Charities Act 2011 to have due regard lo tha public benefit guidance publish9d by the Charity Commission for England and Wales. Trustees and offlcers The trustees and officers $arving during the year and since tho ygar end were as follows.. Trustees.. Mrs Ruksanna Malik Mr Rizwan IQBAL Mr Walid Hussain structure. g¢v•rnane• and management Flnanclal Instruments Oblectlves and policies The charity'5 activities exp058 it to a number of financial risks including credit risk, cash flow risk and liquidity risk. The usg (>f financial derivatives is govemed by tha charity's policies approved by the board of Iruslees, which provide written principle5 on the use of financial derivatives lo manage these risks. The charity does not Ljse derivative financial instrumants for speculative purposes. Cash flow risk The charity's acliwtie5 expose 11 Primari to the financial risks of changes in foreign currency exchange rates and interest rates. The charity uses foreign exchangè forward contracts and int¢resl rale swap contracts lo htsdge these exposures. Intest bearing assets and liabillllgs are held at fixed rate lo ensure cèrtainty of cash flows. Page 3
Communlty Educatlon Employment And Advlc8 LTD Trustees. Report Credit risk The charity's principal financial assets are bank balances and cash. trade and other receivables, and inveslmenls. The charity's cr8dit risk is prfmarily attribul8blg to its trade receNables. The amounts prèsènted in the balance sheet are nel of allowances for doubtful ro¢0ivablos. An allowance for impairment is made whero there is an identified loss event which, based on previous experience, is evidence of a reduction in the recover8bility of tha cash flows. Thé credit risk on liquid funds and derlvatfvè ffnan¢ial Instrumentsls Ilmlt8d bècausè th6 count&rpartl8S are banks with high credit-ratings assigned by international credit-rating agencies. The charity has no signtfioanl concentration of credit risk, with exposure spread over a large nurnber of counterparties and customers. Llquidity risk In order lo maintain liquidity to ensure that sufficient funds are available for ongoing operations and future developwenls, the charity uses a mixture of long-term and short-lemi debt finance. Further details regarding liquidity risk Can be found in the Stslemenl of aG¢ounting policies in the financial statements. Stat•m&nt of Trust8es' Rèspon$lbllitl¢$ Thè trustees (who are also tho dir9clors of Community Education Empk)ym&nl And Advice LTD for the purposes of company lawl are responsible for preparing the trustees, report and the financial statements in accordance with the United Kingdorn Accounting Standards Iunited Kingdom Generally Accepted A¢¢ounting Practice) and appli¢able law and regulations. Company law requires the trustees tr) prepare financial statements for each financial period. Under CDrnpany law the trustees musl not approve the financial statements unless they are satisfied that they gNe a true and fair view of tho slate of affairs of the charitable company and of its incoming resource5 and application of rasourc8s, including its income and expenditure, for that pgriod. In pr&paring Ih8se financial statements, the trustees are reouired to". select Suitab accounting policies and apply them consistently., obserye the rnelhods and principles in the Charities SORP., makè ludgèm8ntS and èslim8tes that arg reasonable and prudent., stste whether applicabl¢ UK Accounting Standards have been followed, subjgcl to any material departures disclosed and explained in the financial statements.. and prepare the financial slalements on the going concern basis unless it is inappropriate to presume ihat the charitable company will continue in business. The trusteès are responsible for keeping adequate accounts'ng records that are suffi¢i8nt lo show and axplain the charitable companys transactions and dis¢lose with reasonable accuracy at any time tho financial position of the charitable company and enable them to ensure that the financial statements Cornply wlh the Cornpanies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hencg lor tsking reasonable stsps for the prfjvgntion and d&t@¢tion of fraud and other irregularities. Page 4
Community Education Employment And Advice LTD Trustees. Report The annual r&port was approved by the Iruslees of the charity on by.. and signed on its behalf Mrs Ruksanna Malik Trustee Mr Wajid Hussain Trustee Page 5
Chartered Accountants, Report to the Trustees on the Preparation of the Unaudited Statutory Accounts of Community Education Employment And Advice LTD for the Perlod Ended 31 January 2024 In order to assist you lo fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Community Education Employrnent And Advice LTD for the period ended 31 January 2024 as sel out on pages 7 10 25 from the company's accounting records and from informatlon and explanations you have givon us. It is your duty to ensure that Community Education Employment And Advice LTD has kept adequate accounting records and to prepare slalulory accounts that give a true and fair view of the assets, liabilities, financial p0511ion and results of Community Education Employment And Advi¢e LTD. You consider that Community Educatlon Employment And Advlcg LTD Is exempt from the statutory audit requirement lor the period. We have not been instructed to carry out an audit or a review of the accounts of Community Educatio Employment And Advice LTD. For this reason, we have not verified the accuracy or complelèn8ss of tha accoLJnting records or information and explanations you hava 9iven io us and wa do not. therefore, express any opinion on the statutory accounts. RM Accountancy Services Castle Cavendish Business Centre Dorking Road Nottingham NG7 5PN Dale.. Page 6
Community Education Employment And Advice LTD Statement of Financial Actlvltles for the Period from 1 April 2023 to 31 January 2024 (Including Income and Expendlture Account and Statement of Total Recognised Gains and Losses) Unrestrlcted funds Total 2024 Not In¢om• and Endowments from- Donations and legacies Charitable activits'es Other incorne 40,000 5,651 41,883 40,000 5.651 41.883 Total income 87,534 87,534 Expandlture on.. Ralsing funds Charitable activities 178,3161 3,283 178,3161 3,283 Total expenditure 81,599 81,599 Ngt income Transfers between funds 5,935 29,875 5,935 29,875 Net movement in funds 35.810 35,810 Rèconclllatlon of funds Total funds brought forward Totsl funds carried forward 9,186 9,186 44,996 Unrestrictèd fund5 44.996 Total 2023 Noto Income and Endowments from: Donations and 18ga¢i$s Charitable 8ctiviti8s Other in¢om9 33.500 11,422 12.074 33,500 11,422 12,074 Total incom 56,996 56,996 Expendtture on- Raising funds Charitable aclivili8s (55.8001 481 155.8001 481 Total expenditurè 56,281 56,281 Net income Transfers between funds 715 7,105 715 7,105 Net movement in funds 7,820 The notes on pages I 110 25 form an integral part of these financial statements. Page 7 7,820
Community Education Employment And Advice LTD Statement of Financial Activities for the Period from 1 April 2023 to 31 January 2024 (Includlng Income and Expendlture Account and Statement of Total Recognised Gains and Losses) Unrestricted funds Total 2023 Note Ro¢on¢illatlon of funds Total funds brought forward Total funds ¢arri&d forward 1,366 1,366 15 9,186 9,186 All of thè charity's activities derivè from continuing opèrations during thè above periods. The fund5 breakdown for 2023 is showll in note 15. The notes on pages 11 to 25 form an integral part of these financial siatements. Page 8
Communlty Educatlon Employment And Advice LTD (Registration number: 12496030) Balance Shèet as at 31 January 2024 2024 2023 Nola Fixed asset$ Tanglble assets 11 399 Current assets Debtors Cash al bank and in hand 12 13 7.383 40,573 7,383 2,561 47.956 9.944 Creditors.. Amounts falling du• wlthln on8 year 14 3,359 758 Net curront assets 44,597 9.186 Net a$$&ts 44,996 9,186 Fund$ of the charity: Unre$trletèd income funds Unrestricted funds 44.996 9,186 TolaS funds 15 44.996 9.186 For tho financial period ending 31 January 2024 the charity was entitled to exemption from audit under saction 477 of th8 Corllpanies Act 2006 relating lo sin811 Companies. Dir8Ctors' responsibilities.. The members havè not r8quired the charity lo obtsin an audit of its accounts for the period in qugstion in accordance with section 476., and Thg directors acknDwledge Ihtsir rèsponsibilities for complwng with the requirements of the Act with respect to accounting records and the preparation of 8¢¢ounis. The notes on pages 11 to 25 form an integral part of these financial statements. Page 9
Community Education Employment And Advice LTD (Registration number: 12496030) Balance Sheet as at 31 January 2024 The financial statements on pages 7 to 25 wfyrg approv8d by the Irustg9s, and authorised for issue on and signed on their behalf by.. uksanna Malik Trustee Mr Wajid Hussain Trusltsè nancial 5talemenls on pages 7 to 25 were approved by the truslees. and authorised for issue on .%F.è.o$14. and signed on their behalf by.. Mr uksanna M81ik Trustea Mr Wajid Hussain Trustee The notes on pages 11 10 25 form an integral part of these financial statements. Pag6 10
Communlty Educatlon Employment And Advice LTD Notes to the Financial Statements for the Perlod from 1 April 2023 to 31 January 2024 1 Charlty status The charity is limited by shar8 c8pilal, incorporatod in England And Wales. The address of ils regist8rèd office is.. Castle Cavendish Business Centre Dorking Road Nottingham NG7 5PN Authorised for Issue date 2 Accounting pollcl8s Summary of slgnificant accounting policies and key accounting èstlmates The principal accounting policies applied in the preparation of these flnancial statements are set tsul below. These policies have been consisl8ntly applied to all tha ygars presented, unless olherws& statèd. ststeTn¥nt of compllanco The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. ststement of Recommended Practice lapplio8ble to ch8rffj8s prapAring their accounts in accord8n¢g th the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211 (issued in October 20191 Icharities SORP IFRS 10211, the Financial Reporting Stsndard applicable in the UK and Rèpublic of Ireland IFRS 1021 and the Cornpanies A¢1 2006. Basis of preparation Community Education Employmgnt And Advice LTD meets the definition of a publi¢ benefit entity under FRS 102. Assets and liabilities are initially recognised al hisloriG81 ¢ost or transaction value unless olh8Th¥is8 staled in the relevant accounting policy notes. Going ¢on¢•rn The Irusle$5 consider that there are no material uncertainties about the charitys ability to continue a5 a going concem nor any signifant areas of uncertainty that affect the carrwng value of assets held by the charity. Exemption from pr&parlng a cash flow statement The charity optod to early adopt Bulletin 1 published on 2 February 2016 and hav8 th@refore not included 8 ¢ash Ik>w statement in these financial slalements. Page 11
Community Education Employment And Advice LTD Notes to the Financial Statements for the Period from 1 April 2023 to 31 January 2024 Transition to FRS 102 In preparing the accoLJnts, the trusteas have considered whether in applwng the accounting policies required by FRS 102 and the Char((ies SORP FRS 102 a restatement of comparative items was required. No reslalemen15 are required as a result of the transition lo FRS 102. Income and endowrnents All income is recognised once the charity ha5 enlillemenl to the income, il is probab5e that the income will be rectslved and the amount of the income receivable can be measured reliably. Lknnatlons and legacles Donations are recognised when the charity has be&n notified in writing of both th& amount and seltlèmant dale. In the event that a donation is subject lo ccsndilions that require a level of performance by the charity before the oharity is ontilled lo the funds, the income 15 deferred and not recogni5ed ulllil either those conditions are fully met, Dr the fulfilment of those conditions is wholly wthin the control of the charity and it is Probab that these conditions will be fulfilled in the reporting period. Expèndituro All expenditure is recognised onc8 the is a 18ga1 or constructiv8 obligation to that 8xpanditura, it is probable selllemenl is required and the amount can be measured reliably. All costs are allocated lo the applicable expenditure he8ding that aggregate SiTnilar costs to that category. Where costs c8nnot b8 directly attributed to particular headings they have been allo¢aled on a basis Gonsistent with the use of resources. wlh central staff costs allocated on the basis of lirne spent, and depreciation charggs allo¢aled on thg portitsn Of the asset's use. Other support costs are allocated based on the spread of staff costs. Ralslng lund$ These are costs incurred In attracling voluntary income, the management of investmen15 and those Incurrad in trading Activitiès that raise funds. Support costs Support costs in¢lude ¢enlr¥l functions and have been allocated to activity cost categories on 8 basi5 consistent with the use of resources, for example, alloGallng propgrty costs by floor areas, or per ¢apita, staff costs by the time spent and other costs by thèir usag8. Govern•n¢e ¢o$t$ These include the c051s attributabSe lo the charity's compliance with conslilulional and slalutory requirements, including audit, strategic management and trustees's meetings and reimbursed expenses. Pag9 12
Community Education Employment And Advice LTD Notes to the Financlal Statemenls forthe Period from 1 April 2023 to 31 January 2024 Taxation The charity is ¢onsidarad to pass the tests set out in Paragraph 1 Schedule 6 01 the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Aecordingly, the charity is potentially exempl frorn 18xalion in respect of income or capital gains r&¢eived thin categorie5 covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Se¢tion 256 of the Taxation of Chargèabl& Gains Act 1992, to the exlent that such income or gains arè applied exc5usivety lo charitable purposes. Tangible fixed assets Individual fixed as5els costing £0.00 or more are initially recorded al cost, less any stjbsequent accumulatsd deprèciation and subsequent accumulated impairment losses. Depreciation and amortl$atlon Depreciation is providtsd on langibla fixed ass8ts so as lo write off the ciisl or v8luation, less any eslimaled rgsidual value. over their expecled useful economic life as follows.. Trado dèbtors Trade debtors are amounts due from customers for mer¢handis8 sold OT service5 performed in tho ordinary course of business. Trade debtors are recognised initially al the Ir8ns8¢tion prfc8. They are subsequently measurgd at amortised cost using the effective inteTeSt mèthod. lèss provision for irnpairmenl. A provision for the impairment of trade debtors is established when there is objective eviden¢8 that the charity not be abl8 tr> collect all amounts due according lo the original terms of th& receivables. Cash and cash equlvalènts Cash and cash equivalents comprisg cash on hand and call deposits. and olheT short-t8rm highty liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of chang¢ in value. Trade creditors Trade creditors are obligations to pay for goods or services that have been 8¢quirèd in ihe ordinary course of bllslnèss from suppliers. Accounts payable are classified as current liabilities if the charity does not havo an unconditional right, al the end of the reporting period, lo defer settlement of the creditor for al least e1ve months after the reporting dale. If there is an unconditional right lo defer Settlement for at least twelve tllonths after the reporting date, they are presented as non-currtsnt liabiliiies. Trad8 creditors are recognised initially al the Irans8clion pri¢8 and subsequently rneasured at 8morts8d cost using the effective interest method. Page 13
Community Educatlon Employment And Advlce LTD Notes to the Financial Statements for the Period from 1 April 2023 to 31 January 2024 Borrowlngs Intorost-b¢aring borrowings are initially recorded al fair value, nel of Iran5a¢tion ¢osts. Inlorest-bå borrowings are subsequently carried at amortised cost, with the difference bebmeen the proceeds, nel of transaction costs, and the amount due on redemption being recognised as a charge lo the Statement of Financial Activities over the perioLI of the relevant borrowing. Interest expense 15 recognised on the basis of the effective interest method and is included in interest payable and slmllar charges. Borrowings are classified as current liabililies unle55 the Ghaiity has an unconditional right lo defer settlement of the liability for al least twelve months after the reporting date. Foreign exchange Transactions in foreign currencies are recorded at th8 rat& of 8xchange at the date ol the transaction. Monetary assets and liabilities denominated in foreign currencies at the balance sheet dale are reported at tha ratas ol èxehanga pravallSng 81 that dale. The results of ov&rseas operations are translated al the average rates of exchange during th8 period and their balan¢8 sheets al the rates ruling al the balance sheet dale. Exchange differences arising on translation of the opening net assets and rèsults of oversèas operations are reported in other cornprehensive incorne and accumulated in equity (attributed to non-controlling interests as appropriatel. Olher exchange differences are reeognised in the Ststernent of Finan¢ial ActltIeS In the period in which they arise except for.. 11 exchange differences on transactions entered into to hedge certain forgign currency risks (see abov81', 21 exchange dTffer8nces arising on gains Of losses on non-monetary items which are recognised in other comprehensive income., and 31 in the case of the consolidated financial statements, exchange differences on monetary items recèivablè from or pay8bl@ to a foreign operation for which settlement is n&ilher planned nor likèly tts occur Itherelore forming part of the net investmonl in the forefjgn operation). which are recognised in other cornprehensive income and reported under equity. Fund structure Unrastrictad income funds are gen&ral funds that a 8vailabl& for use al the tn2Stees discretion in furtherance of the objectives of the charity. Page 14
Community Education Employment And Advice LTD Notes to the Financial Statements for the Period from 1 Aprll 2023 to 31 January 2024 Flnancial instrumènts Classifiratfflon Financial assets and financial liabilities are recognised when thè charity becomes a party to the conlraclual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered intc>. An aquity instr*Jmenl is any contract that evidences a residual interest In tho assets ol the charily after deducting all of its liabilities. R¢eognltlon and measurement All financial assets and liabilities are irTrili8lly mgastjrad at transaclN)n price lin¢luding transaction costs), except lor those financial asse15 classified as at fair value through protit or loss. which are inillally measured al fair valuè (which is normally the transaction pri¢& 6xcluding transaction cos151, unloss the arrangement ¢onstitutes a financing Iransaclion. If an arrangement constitutes a financing transaction, the financial asset or financi81 liability is maasured at the present valu8 of the future payments discounted al market rale of interest for a similar debt instrument. Finan¢i81 assets and liabilities are only offset in the statement of financial position wh8n, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either lo settle on a nel basis, or lo reallsa the asset and settle the liability slmultsneously. Financial assets are der8Gognised when and only when al the conlr8¢lual rights to the cash flows from the financial asset &xpira or arè setU8d. bl the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, 01 cl the charity, despite having rètsined some, but not all, significant risks and rewards of owngrship. has transferred control of the ass¢t to another party. Financial liabilities arg derecognised only when the obligation specified in the contract is dl$¢harged, cancelled or expires. Page 15
Community Educatlon Employment And Advlce LTD
Notes to the Flnancial Statements for the Period from 1 April 2023 to 31 January
2024
Debt instruments
Dabt instruments which m88t th8 following Conditions are subsequently measured al amortised cost using
the effeclive interest methDd'.
lal The contractLJal return lo the holder is lil 8 fixed 8mounl,' lill a positive fixed rale or a posf(ive variable
rate.. or liiil a combination of a positive or a negative fixéd rate and a positive variable rate.
{bl The ¢ontract may prowde for repayments of the principal OT the return to the holder Ibul not both) to be
linked to a single relevant observable indtsx of gengral price inflation of the currency in which the debt
instrument is denominated. provided such links are nol leveraged.
lel Thè contract may provide for a determinable variation of the return to the holder during the life of the
instrument, provided that lil the new rate satisfies Gondi
Communlty Education Employment And Advlc8 LTD Notes to the Financial Statements for the Period from 1 April 2023 to 31 January 2024 Investments Inveslmgnts in non-convertible preference shares 8nd n(>n-puttable ordinary or preference shares (where sharas are publicly traded or their fair value is raliably measurable) are measured al fair value through profit or loss. Where fair value cannot be measured reliably, Investmonts are measured al cost 1ts5S impairment. Investments in subsidiaries and 8s$0¢1atès are measured al cost less impalrment. For investments in subsidiaries acquired for consideration including the issue of shares qualifying for merger relief, oost is measured by r818r&nce to the nominal value of the shares issued plus fair value of other conslderation. Any premium is ignored. Derivative flnan¢lal Instruments The charity uses d8rivatlvé linaneial instruments lo reduce exposure to foreign exchange Tisk and intarest rale movements. The charity does not hold or i55ue derivatlV8 financial instruments for speculative purposgs. Derivatives are Initlally cogniSed at fair value al the dale a derivative contract is entered into and are subsequen11y remeasured to their fair value at each reporting dale. The resulting gain or loss is recognised in statement of financial 8¢tivities immediately unless the derivative is designated and effective as a hedging instrument, in which event the liming Df the ra¢ognition in statement of fillan¢i81 activities depends on the nature of the hedge relationship. Falr valu• measurement The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identi¢al asset provides evidence of lair value as long as there has not been a significant ch8ng8 In aconornic circumstances or 8 significant lapse of time since the transaction took p5ace. If the rnarket is not active and recent transactions of an identical asset on their own are not a good estimate of fair value. the fair valu8 is èstimated by using a v8lu8lion technique. 3 Incom• from donatlons and legacles Unrestricted funds Gen•ral Total funds Donations and legacies., Donations from individuals 40,000 40,000 Total for period ¢ndad 31 January 2024 Total for perlgd end&d 31 March 2023 40,000 40,000 33,500 33,500 Page 17
Communlty Educatlon Employment And Advlce LTD Notes to the Financial Statements for the Period from 1 April 2023 to 31 January 2024 4 Income from charitable activities Unrestricted funds G&n8ral Total funds 5.651 5.651 Total for parlod andéd 31 January 2024 Totsl for p•rlod •nd•d 31 Mar¢h 2023 5,651 5,651 11.422 11,422 5 Othar Incorno Unrestri¢ted funds Goneral Total funds Fees and supplies 41,883 41,883 41,883 Total for p•rlod ¥nd¢d 31 January 2024 Total far pèrlod andod 31 March 2023 41,883 12,074 12,074 6 Exp8ndltur8 on ralslng fund$ al Costs of tradlng actlvltl•$ Unrestrlcted funds Ggn•ral Total funds Nota Costs of goods sold 2,925 2,925 Total for porlod 8nd8d 31 January 2024 Total for pgrlod andad 31 March 2023 2,925 2,925 7,235 7.235 Page 18
Community Education Employment And Advice LTD Notes to the Financial Statements for the Period from 1 April 2023 to 31 January 2024 bl Invéstment management costs Unrèstricted fund$ General Total funds Not• Allocated support costs 11,605 11.605 Total for perigd ended 31 January 2024 Total for perlod ended 31 Mareh 2023 11,605 11,605 18,424 18,424 Total costs 7 Expenditure on chaTltabl• activities UnrestrSct•d funds G8n•ral Total funds Note Govèrnance costs 3,283 3,283 Total for perlod endad 31 M•r¢h 2023 481 481 Total expendltur• In addition to the expenditure analysed above. there are also g0Veman costs of £3,28312023 - £4811 which relate dir8cUy to charitable activities. Soe note 8 for further details. 8 Analysis of governanc8 and Support costs Governance costs Pagfj 19
Community Education Employment And Advlce LTD Notes to the Financial Statements for the P8riod from 1 April 2023 to 31 January 2024 Unrestri¢t•d funds Genèral Total fund5 staff costs Social security costs Depreciation, amortisation and other similar Costs Other govemance Costs 1,522 105 1,656 1,522 105 1,656 Totsl for p•rlod anded 31 January 2024 Total for p•rlod anded 31 March 2023 3,283 3,283 481 481 9 Staff costs The aggregats payroll costs were as follows.. 2024 2023 staff costs during tho p¢rlod w•ra: Wages and salaries Social security costs 63,786 1,522 30.141 469 65,308 30,610 The monthly avtrrago number of pgrsons (including senior management I leadership leaml employed by the charity durlng the period expressed as full lime equivalents was as follows.. 2024 No 2023 No Average number of persons employed No employee received emtsluments of morg than £60,000 during the period. Page 20
Communlty Education Employment And Advice LTD Notes to the Financial Statements for the Period from 1 April 2023 to 31 January 2024 10 Taxation The charity is a règistered charity and is therefore gxgmpl from laxalion. 11 Tangiblg fixed ass•ts Furnlturo and quipmant Total Cost Additions 504 504 At 31 January 2024 504 $04 D•prg¢iation Charge for the year Al 31 January 2024 105 105 105 105 Net book valuè At 31 January 2024 399 399 12 Debtors 2024 2023 Trade d8btors Accrued income Other debtors 1.756 3,000 2,627 1,756 3,000 2,627 7,383 7.383 13 Cash and cash equivalants 2024 2023 Cash on hand Cash al bank 40,552 21 552 2,009 40,573 2,561 Page 21
Communlty Educatlon Employment And Advlce LTD Notes to the Financial Statements for the Period from 1 April 2023 to 31 January 2024 14 Crèdltors: amounts falling duè within on8 y8ar 2024 2023 Trade creditors Other taxation and social security Accruals 158 2,001 1,200 600 3,359 758 15 Fund$ Balance at 1 April 2023 Balan¢e at 31 January 2024 Incorning r•$our¢•$ Re$our¢¢$ •xp&nd•d Transfers Unrestri¢t•d funds General 9,186 87,534 81.599 29,875 44,996 Balance at 1 Aprll 2022 Balanc8 at 31 March 2023 In¢omlng rèsourcas R•sourc•s xpended Transfers Unrestrlcted funds General 1,366 56,996 56.281 7,105 9,186 16 Analysls of net assets heeen funds Unre$trlthd funds General Total funds at 31 January 2024 Tangible fixed assets Current assets Current liabilities 399 47,956 3,359 399 47,956 3,359 Total net assets 44,996 44,996 Page 22
Communlty Education Employment And Advice LTD Notes to the Financial Statements for the Period from 1 April 2023 to 31 January 2024 Unrestricted funds General Total funds at 31 M#r¢h 2023 Current assets Current liabilities 9,944 758 9,944 758 Total net assets 9,186 9,186 17 Analysls ot n•t funds At31 January 2024 At 1 Aprll 2023 Flnanelng cash flows Cash al bank and in hand 2.561 2.561 Nel debt 2.561 Flnanelng cash flows At 1 Aprll 2022 At 31 March 2023 Cash al bank and in hand 1.566 1.566 Net debt 1,$66 18 Transltlon to FRS 102 Balanc• Shoèt at 1 Aprll 2022 As orlglnally reported ReclasslficatlonRemeasurement As restated Note Funds of th• charlty Total funds Page 23
Community Education Employment And Advice LTD Notes to the Flnanclal Statements for the Perlod from 1 April 2023 to 31 January 2024 Balance Sheet at 31 March 2023 AS originally rèportod R•elasslfleatlonR&moasurement As restated Note Fund$ of th• ¢harlty Total funds Page 24
Community Educatlon Employment And Advlce LTD Notes to the Financial Slatemenls for the Period from 1 April 2023 to 31 January 2024 Statement of Finan¢lal A¢tlvltlgs for th& ytsar ended 31 March 2023 As originally reported ReclasslflcatlonRemeasurement As restated Nots Incomo and Endowments from: Total income Nel incomellexpendilurel Nel movement in funds Page 25
Communlty Educatlon Employment And Advlce LTD Statement of Financial Activities by fund for the Period from 1 April 2023 to 31 January 2024 Unrestricted Funds Total Total Unrestricted Unrestri¢tèd Funds Funds 2024 2023 Income and Endowments from.. Donations and legacies Charitable activities Other income 40,000 5,651 41.883 33.500 11.422 12.074 Total incorne 87.534 56.996 Expendlture on.. Raisin9 funds Charitable 8Ctiv@S (78,3161 3.283 155,8001 1481 Total tsxp8nditura 81.599 56,281 Net incorno Transfers b&tween funds 5.935 29.875 715 7.105 Net movement in funds 35,810 7,820 RenCIlIatIOn of funds Total funds brought foard Totsl funds c8rrl8d lonard 9.186 1,366 44.996 9,186 ThSs page does not form part of the statutory financial siatemenls. Page 26
Communlty Education Employment And Advice LTD Detailed Stalement of Financial Activities for the Period from 1 Aprll 2023 to 31 January 2024 Total 2024 Total 2023 Incom8 and Endowments from: Donations and legacies lanalysed below} charitab activities lanalysed below) Other income lanalysed below} 40,000 5,651 41,883 33,500 11,422 12,074 Total incoTll8 87,534 56,996 Exp•ndlture on.. Raising funds lanalysed below) Charitable activities lanalysed below) 178,3161 3,283 155,8001 481 Totsl expenditure 81,599 56,281 Nat income Transfers belwesn funds lanaly5ed below) 5.935 29.875 715 7.105 Not movement in funds 35,810 7.820 R•¢onclllatlon of funds Total funds brought fomard Total funds carried forward 9,186 1,366 44.996 9.186 This page does not form part of the stalulory fin8n¢i81 stat8m8nts. Page 27
Community Education Employment And Advice LTD Detailèd Statement of Flnanclal Activities for the Perlod from 1 April 2023 to 31 January 2024 Total 2024 Total 2023 Donat10115 and legè¢le$ Appeals and donations 40,000 33,500 40,000 33,500 Ch8rit8blé actlvltles Granis receivable 5.6S1 11,422 5,651 11,422 Otherlncome Fees and supplies Rental income 41.883 9,747 2,327 41.883 12.074 Ralslng funds Subcontract cost Wages and salaries Rènt and rates Light, heat and power Insurance Tolephone and lax Office expenses Computer sofiware and maintenance costs Printing, wstage and stationery Sundry expen$8s Tr8val and subsistenca Advertising Accountancy fees Consultancy fees Legal and profg55ional fees 12.9251 163,7861 17.2351 130,1411 15691 17551 11741 1701 11,9331 14,7881 15621 19301 19221 14,8411 16001 11,3501 930 12681 11.4681 17,1871 16021 11071 16001 11.1971 35 78,316 55,800 Charltable actlvltles Stsff NIC {EmplorS) Bank ¢harges Leasing payments Depreciation of office equiprnent 11.5221 1361 11.6201 105 14691 1121 3,283 This page does not fomi part of the stalulory financial statemènts. Page 28 481
Community Education Employmènt And Advice LTD Detailed Statement of Financlal Activities for the Period from 1 Aprll 2023 to 31 January 2024 Total 2024 Total 2023 Transfers belween funds Funds- Transfer from another fund 29,875 7,105 This page does not lom part of the slatulory financial statements. Page 29