2024-12-31-accounts

Charity Reglstration Number '. 1150485 Company Registration Number .. 07893397 SOCIAL ARTS FOR EDUCATION TRUSTEE5' REPORT AND FINANCIAL STATEME￿5 FOR THE YEAR ENDED 31 DECEMBER 2024

SOCIAL ARTS FOR EDUCATION LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2024 Trugtee5 Llsa KSng Ruth Mcweeney julie Raven Angela Reynolds Brendan Hollyer 1150485 Charlty Numb•r Company Numb•r R•glst•r•d Offlc• 07893397 GROUND FLOOR 253 ELTHAM HIGH STREEr LONDON SE9 ITY Secretary Indgpond•nt Examlner REBECCA LEE ABUDEf AND CO ACCOUNTANTS FIRST FLOOR 14-16 POWIS STREET WOOLWICH SE18 6LF

SOCIAL ARTS FOR EDUCATION CONTENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees, Report Independent Examiners Report Statement of Financial Activltles Balance Sheet Notes to the Financial Statements

SOCIAL ARTS FOR EDUCATION TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present theSr annual report and flnancial statements for the year ended 31 December 2024 Trust¢e$' report and flnanclal statements The trustees who are also directors ot the charlty for the purpose5 of the Companies Act 2006, present thelr report with the financial statements of the charlty for the year ended 31 December 2024. The trustèes have adopted the pmvisions of Accounting and Reporting by Charities.. Statement of Recommended Practl¢e 3pplicable to charities preparing their accounts in accordance with the Financlal Reportlng Standard applicable in the UK and Republic of Ireland IFRS 1021 leffertive l Januèry 20191. OBIECTIVES AND ACTIVITIES Objectlves and aims The objective of SOCIAL ARTS FOR EDUCATION is to provSLle secondary education to statemented and non-statemented autistSc or bullled chIld￿n from the ages of 11 to 18 years of age. srRATEGIC REPORT Reserves pollcy Any surplus funds goes back into school funds to enable us to do more for our children. STRucfuRE. GOVERNANCE AND MANAGEMENT Goveming document The charity is controlled by its goveming document. a deed of trLbSt. and constitutes a limlted company, limlted by guarantèe, as defined by the Companies Act 2006. Trustees The trustees, who are also the dlrectors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were.. sa King Ruth Mcweeney julie Raven Angela Reynolds B￿ndan Hollyer Trust¢e$' responsibilitie5 Stat•m•nt The trustees. who a￿ also the d1￿CtorS of Charity For Social Arts For Education for the purpose of company saw. are responsible for P￿parIng 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 requlre5 the trustees to prepare financial statements for each flnancial year which give a true and fair vlew of the state of affalrs of the charity and of the incomlng resources and appllcation of resources. including the income and expenditure, of the charltsble company for that year. In preparing these tinancial statements, the trustees are reqJJlred to.. select suitable accounting policies and then apply them consi5tently', observe the methods and principles in the Charities SORP,. make judgements and estimates that are reasonable and prudent., state whether applicable UK Accountlng Standards have been followed, subject to any materlal departures dlsclosed and explained In the fi.nancial statements., and prepare the financial statements on the goSng concem basis unless it is inappropriate to presume that the charity will continue In operation. Thetrusteesareresponsibleforkeeplngadequateaccountingrecordsthatdisclosewithreasonableaccuracyatany tlmelheflnanclal posltlonofthecharityandenablethemtoensurethatthefinanclalslatementscomplywiththe Companies Act 2006. They are also responsible for safeguardlng the assets of the charlty and hence fortaking reasonable steps for thewention and detection of fraud and otwllllarities. This report was approved by the trustee and signed on Its behalf by.. Julie Raven Director Date ', Page 1 of 10

SOCIAL ARTS FOR EDUCATION INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Independent Examlner's Report to the Trustees of SOCIAL ARTS FOR EDUCATION. I report to the Charity Tnjstees on my examination of the accounts of the charity for the year ended 31 December 2024 which consists of the statement of financial activities.balance sheet and the related notes Responsibilitias and basis of report A5 the charity'5 trustees you are ￿sponSIble for the preparation of the accounts In accordance wlth the requirements of the Charities Act 2011 I'the Act'i I report In respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the appllcable Dlrectlons given by the Charity Commission under Section 14515llbl of the Act. Independent Examiner'5 Statement The charlty's gross income exceeded £250,000 and l am qualitied to undertake the examination by being a qualified membèr of AIA I have completed my ex3minatlon. I confim) that no materlal matters have come to my attention in connection with the examination (other than that disclosed below ') which gives me cause to believe that in. any materlal respect.. the accounting records were not kept in accordance with section 130 of the Charities Act,. or the account5 did not accord with the accour)ting record5'. or the accounts did not coinply with the dyplicable requirements concerning the form and cantgnt of accounts sg.t out in the Charities IAccoL*nt5 and RepDrts1 Regulations 2008 Dther than any reqU1￿ment that the accounts give a 'true and fair. view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connecLion wilh the examination to which attention Should be dravwn in this ￿port in order to enable a proper understanding of the accounts to be reached. Name.. SYMON ABUDEY for and on behalf of ABII AccauNTAN'rs Page 2 of 10

SOCIAL ARTS FOR EDUCATION STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 DECEMBER 2024 Recomméndèd catsgorf•s by actlvlty Income and endowmonts from: Unr•strlcted funds Total Funds 2024 Total Fynds 2023 Notag Donations and legacles 833,381 833,381 719,177 Investments 1,426 1,426 1,119 Total 834,807 834,807 720,296 Expèndlture on: Raising fund5 639,815 639,815 548,570 Charitable activities 198 198 315 Other 104.468 104,468 99,124 Total 744,481 744,481 648,009 N•t iThcom•ll•xp•ndltur•) 90,326 90,326 72,287 Net movement In funds 90.326 90,326 72.287 Reconclllatlon of funds: Totsl funijs brought forward 311,064 311.064 238,777 Total funds taffied forward 401.390 401.390 311.064 Page 3 of 10

SOCIAL ARTS FOR EDUCATION BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2024 Recomm*nded Categorlts by actlvity Total Funds 2024 Total Funds 2023 Not¢s Fixed assets Tangible assets 3.122 1.583 Total flxed assets 3.122 1,583 Current a55ets Cash at bank and Sn han(1 io 398.256 212.407 Total current assets 398,256 212,407 Total net assets or liabllltles 401.378 213,990 Funds of the Ch4rlty Unrestricted funds li 401,390 311,064 Restricted income funds li Endowment funds Total funds 401,390 311.064 For the year ended 31 December 2024 the company Ydas entitled to exemption from audit under sertion 477 of the Companies Act 2006 relating to small companies. The members have not ￿qUired the company tts obtain an audit of its account5 for the year ir) question irb accordance with sèction 476. The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect tg accounting records and the preparatlon of accounts. These accounts hève been p￿pared and delivered in accordance with the provisions applicable to companles subjert to the small companies regime. The financial statements were approved by the trustees on . and signed on its behalf by.. lulle Ra¥en Director Date Page 4 of 10

SOCIAL ARTS FOR EDUCATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 l. Accounting Policies The principal accountlng poll¢ies adopted by the Charity. which Is a public beneflt entity, in the p￿paratIOn of the accounts are as follow5. 1.1 Basis of preparation These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation. These account5 have been prepared in accordance with "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charltles preparlng their accounts in accordance with the Financial Reportlng standard applicable In the UK and Republlc of Ireland IFRS 1021" (effective l January 20191 . (Charlties SORP IFRS 10211, the Nnanclal Reporting Standard applicable in the UK and Republlc of I￿land IFRS 102) and the Charities Act 2011. These accounts are presented in pounds sterling and rounded to the nearest pound. 1.2 Going concern The Trustees have prepared financial projectlons, taklng Into consideration the current economic conditions and have, at the time of approvlng these accounts, a reasonable expectation that the char4ty has adequate resources to contlnue In operatlonal existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts. 2. Income from Donations and Legacles Anaty$15 Unrestrlct•d funds Total funds 2024 Total funds 2023 Donation5 Fees 758 832,623 758 832,623 977 718,200 833,381 833.381 719,177 3. Income from Investments AnalysI5 Unre$trltted fund5 Total funds 2024 Total funds 2023 Deposit account Interest 1,426 1.426 1,426 1.119 1,426 1.119 4. Expenditure on Raising Funds Anatysi5 Total funds 2024 Total fund$ 2023 Materials & Resources Trustees, salaries Trustees, social security Trustees, pensions paid Wages Social securlty Pensions Support Costs 13.627 111.072 12.682 1,842 375.176 33,393 10,693 81,330 15,727 109,044 13,393 2,581 326,751 24,713 7,781 48,580 639,815 548,570 Page5of 10

1. Expenditure on Charltable Actlvltles Total funds 2024 Total funds 2023 An•lysls Charitable Donatlons 198 315 198 315
2. Support Costs Total fvnds 2024 Total funds 2023 Analy51s Rates and water Insurance utilities & Telephone Postage and stationery Recruitment Subscriptions Safeguarding Training staff Welfa Computer software Subcontrartor Bank charges Motor & travel 710 595 7,228 9.292 1.255 7.250 7.356 1.141 95 259 1,024 1,394 7.914 2,394 1,181 21,506 312 8.925 1.062 6,408 1,228 1,381 3,396 258 3.427 Governance Costs Accountsncy and legal fees Legal and professlonal fees 6.516 11.679 6.418 8,306 81,330 48,580

3. Other Expenditure Analysls Unrestrfrt¢d funds Total funds 2024 Total fvnds 2023 Exam5 Health & Safety Send Rent Premlses expenses Entertainment Fixtures & fittings - Dep￿latIon Charge for the Year Computer equipment- Depreciation Charge for the Year 2,294 1,264 37.038 44.030 16.456 1,512 2,294 1.264 37,038 44,030 16,456 1,512 2,414 449 47.364 29,420 16.134 1.320 268 268 790 1.606 1,606 1.233 104,468 104.468 99,124 Page6of10

4. Employee's Emoluments 8.1 staff Costs Thi5 year Last year Salarie5 and wage5 So¢lal securlty costs Pen$lon Costs (defined ¢ontrlbution scheme) Other employe• b•n•fits Total staff costs 488236 435795 46075 38106 12535 7781 546846 481682 No employees recelved èmployee beneflts lexcludln9 employer pension costs) for th• r•portlng p•rlod of more than £60,000 Page 7 of 10

5. Tanglble Flxed Assets Flxtures & flttlngs Computer equlpment 9.1 Cost or valuatlon At 01 January 2024 Additions 2,370 3,700 3,413 Disposals Revaluations Transfers At 31 December 2024 2,370 7,113 9.2 Depreclatlon and Impairments At 01 January 2024 Charge for the year Disposals Revaluations 1.834 2,653 268 1.606 Transfers At 31 December 2024 2,102 4,259 9.3 Net book value At 01 january 2024 536 1,047 At 31 December 2024 268 2,854

6. Cash at bank and in hand Total funds 2024 Total funds 2023 Bank account no. I Bank account no. 2 Cash at bank and In hand 297,928 loo,000 328 112.272 loo,000 135 398,256 212,407
7. Charlty funds 11.1 Detalls of materlal funds held and movements during the CURRENT reporting perlod Fund balances brought fonyard Fund Income Gains and lossès Fund name5 Expendlture Transfers carried forward Unrèstrlcted fund5 311,064 311.064 834.807 834.807 744,481 744,481 401.390 401,390 Total Page9of10

11.2 Detalls of materlal funds held and movements during the PREVIOUS reportlng perlod Fund balane•i brought fonvard Fund balances carrled forward Galns and losses Fund names Incom• Exp•nditur• Ttansf•rs Unrestrlct*d nds 238.777 238,777 11.3 Transfers between funds 720.297 720,297 648,010 648.010 311.064 311.064 Total Thls Year Amount Between unrestritted and restricted funds Between endowment and ￿$trIcted funds Between endowment and unrestricted funds Last Year Amount Between unrestrlcled and restricted funds Between endowment and restrlcted funds Between endowment and unrestricted funds 12. Average Number of Employees Avayagè Employèès Thls ￿ar 18 Last year 20 Total Employe•s 18 20 Average number of employees during this year '. 18 and Last year: 20 Page 10of 10