|Contents||Pages|
|---|---|---|
|Trustees'
Annual
Report||3 —18|
|Independent
Examiner's|Report|19|
|Statement
of Financial Activities||20|
|Balance Sheet||21|
|Statement
ofCash Flows||22|
|Notes tothe Financial Statements||23 —31|
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|||||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|2023|2022|
||||Note|E|6|8|6|
|Income from:||||||||
|Donations|and legacies|||20,462|185,316|205,778|163,111|
|Charitable|activities|||364,223||364,223|333,382|
|Investments||||3,513||3,513|103|
|Other income||||219||219||
|Total income||||388,417|185,316|573,733|496,596|
|Expenditure
on:||||||||
|Raising funds||||10,594||10,594|17,237|
|Charitable|activities|||328,857|196,896|525,753|464,408|
|Total expenditure||||339,451|196,896|536,347|481,645|
|Net income||||48,966|(11,580)|37,386|14,951|
|Transfers
between||funds|14|1,652|(1,652)|||
|Net movement|in funds||6|50,618|(13,232)|37,386|14,951|
|Total funds at|start ofyear||14|359,424|14,397|373,821|358,870|
|Total funds at|end ofyear||14|410,042|1,165|411,207|373,821|
##
|BALANCE SHEET
|BALANCE SHEET
|BALANCE SHEET
|||||||
|---|---|---|---|---|---|---|---|---|
|AS AT 31AUGUST 2023||||||Company|number:|1151057|
|||||2023|||2022||
||||Note||||||
|Fixed assets|||||||||
|Tangible fixed|assets||10||2,383|||4,665|
|Current assets|||||||||
|Debtors||||8,735||5,516|||
|Short term deposits||||341,188|||||
|Cash at bank||||151,793||501,381|||
||||||501,716|||506,897|
|Creditors: Amounts||falling due within|||||||
|one year|||12||(92,892)|||(137,741)|
|Net current assets|||||408,824|||369,156|
|Net assets|||||411,207|||373,821|
|Funds|||||||||
|Unrestricted|funds||15||410,042|||359,424|
|Restricted funds|||15||1,165|||14,397|
|Total funds|||||411,207|||373,821|
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
||||||Notes|8|f|
|Net cash|inflow|from operating||activities|17|(9,939)|55,389|
|Nonwperational||cash flows:||||||
|Investing|activities:|||||||
|Investment|income|||||3,513|103|
|Purchase|oftangible||fixed assets|||(1,974)|(5,768)|
|||||||1,539|(5,665)|
|Net cash|inflow|for|the year||18|(8,400)|49,724|
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|Income from don|ations
and le|gaci|es|||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds|2023|
||||||8|8|6|
|Dame Violet Wills|Will Trust||||2,500||2,500|
|Denman
Charitable|Trust|||||3,000|3,000|
|Frankham
Family|Charitable
Trust|||||25,000|25,000|
|Grace Trust|||||1,000||1,000|
|John James Bristol Foundation||||||10,000|10,000|
|Masonic Charitable|Foundation|(MCF)||||20,000|20,000|
|Medlock Charitable|Trust|||||5,000|5,000|
|Nisbet Trust||||||25,000|25,000|
|Pople Charitable
Trust||||||10,000|10,000|
|Quartet
Community|Foundation|- Crime Commissioner||||4,969|4,969|
|Quartet
Community|Foundation|- Express||Grant||5,000|5,000|
|Quartet
Community|Foundation|- KPMG||||2,000|2,000|
|Quartet
Community|Foundation|- Tredwin||& Pennington||25,809|25,809|
|Society of Merchant Venturers||||||35,165|35,165|
|Society ofThe Holy Child Jesus|||||15,000||15,000|
|StJames Place Charitable
Trust||||||2,500|2,500|
|Van Neste Foundation||||||10,000|10,000|
|Other donations|||||1,962|1,873|3,835|
||||||20,462|185,316|205,778|
|Prior year comparatives|||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds|2022|
||||||6|F||
|Dame Violet Wills|Will Trust||||2,000||2,000|
|Garfield Weston
Foundation|||||30,000|30,000|60,000|
|Grace Trust|||||2,000||2,000|
|Hartcliffe Support|Fund|||||2,719|2,719|
|J & M Britton Charitable
Trust|||||5,000||5,000|
|John James Bristol Foundation||||||10,000|10,000|
|Masonic Charitable|Foundation|(MCF)|||2,000||2,000|
|Medlock Charitable|Trust|||||10,000|10,000|
|National
Lottery Community
Fund||||||9,950|9,950|
|Nisbet Trust||||||25,000|25,000|
|Pople Charitable
Trust||||||5,000|5,000|
|Quartet
Community|Foundation|- Resilience||||9,950|9,950|
|Somerset Masonic|Charity (SMC)||||4,150||4,150|
|Van Neste Foundation||||||10,000|10,000|
|Job Retention Scheme (Government|||grant)||2,209||2,209|
|Other donations|||||2,583|550|3,133|
||||||49,942|113,169|163,111|
##
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|Income from Char|itab|le|Activities||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Total Funds|Total Funds|
||||||||||2023|2022|
||||||||||8|E|
|BLC(Trust in Learning||Academy)|||||||10,000|4,000|
|Bridgwater
and Taunton|||College||||||86,000|116,707|
|Bristol City Council||||||||||26,820|
|City of Bristol College||||||||||1,100|
|Hartcliffe and Withywood|||Community|Partnership||||||37,000|
|Somerset Community||Foundation|||||||10,400||
|University
ofthe Bristol|||||||||125,000||
|University
ofthe West||of|England||||||125,000|142,239|
|WEGA|||||||||7,823|5,516|
||||||||||364,223|333,382|
|Charitable
activities income is represented|||||by unrestricted|funds|in both the|current and prior year.|||
|Expenditure
by activity|||||||||||
||||||||Raising|Direct|Support|Total Funds|
||||||||Funds|Costs|Costs|2023|
||||||||F||F||
|Green Futures|||||||212|20,504|803|21,519|
|Hartcliffe Support|Fund|||||||12,608||12,608|
|Bristol Apprenticeship||Programme|||||1,271|52,485|4,813|58,569|
|Learning
to Lead|||||||2,225|96,900|8,423|107,548|
|Unlocking
Potential|||||||1,271|60,000|4,813|66,084|
|Future Quest|||||||2,542|101,515|9,627|113,684|
|Somerset Apprentice||Programme|||||1,378|85,608|5,215|92,201|
|Discover Maths|||||||953|36,398|3,610|40,961|
|Careers|||||||742|6,878|2,808|10,428|
|Digital Strategy||||||||12,745||12,745|
||||||||10,594|485,641|40,112|536,347|
|Prior year comparatives|||||||Raising|Direct|Support|Total Funds|
||||||||Funds|Costs|Costs|2022|
|||||||||6|8|f|
|South Bristol Projects|||||||7,153|19,739|1,840|28,732|
|Employability||||||||186||186|
|Green Futures|||||||131|3,196|2,147|5,474|
|Hartcliffe Support|Fund|||||||2,580||2,580|
|Bristol Apprenticeship||Programme|||||2,176|52,965|11,272|66,413|
|Learning
to Lead|||||||1,652|40,223|6,053|47,928|
|Unlocking
Potential|||||||2,359|57,418|8,001|67,778|
|BLCCommunicate||||||||371||371|
|Future Quest||||||||128,357||128,357|
|Realising Talent|||||||794|19,320|3,887|24,001|
|Somerset Apprentice||Programme|||||2,972|95,757|11,096|109,825|
||||||||17,237|420,112|44,296|481,645|
##
##
|4|Expenditure||on charitable|activities - (by natural
cl|assification)||||
|---|---|---|---|---|---|---|---|---|
||||||||Total Funds|Total Funds|
||||||||2023|2022|
||||||||8|F|
||Direct costs||||||485,641|420,112|
||Consultancy||||||1,104|1,044|
||Insurance||||||2,291|2,149|
||General office expenses||||||5,263|7,293|
||Advertising|and promotion|||||7,456|1,662|
||Legal &professional||||||726|1,280|
||Accountancy||||||271|270|
||Training||||||2,600|3,253|
||Bank charges||||||998|720|
||Depreciation||||||4,257|4,097|
||Travel||||||4,601|2,677|
||IT support
and maintenance||||||7,636|16,228|
||Other staff costs||||||419|1,355|
||Governance||costs (note 5)||||2,490|2,268|
||||||||40,112|44,296|
||||||||525,753|464,408|
|5|Governance||costs||||||
||||||||2023|2022|
||||||||f|F|
||Independent||Examination||||2,490|2,268|
|6|Net income|I(expenditure)||forthe year|||||
||This is stated||after charging:||||2023
8|2022f|
||Independent||Examination|for independent|examination|services|1,444|1,300|
|||||for other services|||1,046|968|
||Depreciation||||||4,257|4,097|
##
##
|Staff costs||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||||2023||2022|
||||||||||||||||8||6|
|Wages and salaries|||||||||||||||295,766||291,167|
|Social security|costs||||||||||||||13,475||15,310|
|Pension|||||||||||||||9,207||6,275|
||||||||||||||||318,448||312,752|
|The average
monthly||headcount|||ofemployees||during||the|year|was as follows:|||||||
||||||||||||||||2023||2022|
||||||||||||||||No.||No.|
|Admin staff||||||||||||||||||
|Project staff||||||||||||||||||
||||||||||||||||13||13|
|The key management|||personnel||is considered||to|be|the Chief Executive .The||||total employee||benefits received||by key|
|management|personnel||including||employer's||national||insurance||and pension|contributions||was 661,671||(2022:||
|F60,506).||||||||||||||||||
|One (2022: One) employee||||received emoluments||||of|more|than|F60,000 in the||current year.|||||
|Taxation||||||||||||||||||
|The charity is|exempt|from corporation||||tax on|its|charitable||activities.||||||||
|Prior year fund comparatives||||||||||||||||||
||||||||||||Unrestricted||||Restricted|Total Funds||
||||||||||||||Funds||Funds||2022|
||||||||||||||||F||6|
|Income from:||||||||||||||||||
|Donations
and legacies|||||||||||||49,942||113,169||163,111|
|Charitable
activities|||||||||||||333,382||||333,382|
|Investments|||||||||||||103||||103|
|Total income|||||||||||||383,427||113,169||496,596|
|Expenditure
on:||||||||||||||||||
|Raising funds|||||||||||||17,237||||17,237|
|Charitable
activities|||||||||||||353,484||110,924||464,408|
|Total expenditure|||||||||||||370,721||110,924||481,645|
|Net income I|(expenditure)|||and|||||||||12,706||2,245||14,951|
|net movement|in funds|||||||||||||||||
|Total funds at start||ofyear|||||||||||346,718||12,152||358,870|
|Total funds at end of|||year||||||||||359,424||14,397||373,821|
##
|10|Tangible fixed asse|ts|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Equipment|Total|
||Cost||||||||6|6|
||At 1 September 2022||||||||16,284|16,284|
||Additions||||||||1,974|1,974|
||At 31 August 2023||||||||18,258|18,258|
||Depreciation||||||||||
||At 1 September 2022||||||||11,619|11,619|
||Charge for the year||||||||4,256|4,256|
||At 31 August 2023||||||||15,875|15,875|
||Net Book Value||||||||||
||At 31 August 2023||||||||2,383|2,383|
||At 31 August 2022||||||||4,665|4,665|
|11|Debtors: Amounts|falling due|||within one year||||||
||||||||||2023|2022|
||||||||||F|f|
||Prepayments
and accrued income||||||||7,794|5,516|
||Other debtors||||||||941||
||||||||||8,735|5,516|
|12|Creditors: Amounts||falling due|||within|one|year|||
||||||||||2023|2022|
||||||||||F|f|
||Trade creditors||||||||8,406|6,326|
||Other creditors||||||||2,129|1,792|
||Taxes and social security||||||||6,828|5,485|
||Accruals||||||||3,029|12,960|
||Deferred Income|||||||(Note 13)|72,500|111,178|
||||||||||92,892|137,741|
|13|Deferred Income||||||||||
||The total income deferred|||to the||next financial||year was as follows:|2023
F|2022
6|
||BLC(Trust in Learning||Academy)|||||||5,000|
||Bridgwater
and Taunton|||College||||||10,400|
||Medlock Charitable|Trust||||||||5,000|
||Nisbet Trust||||||||27,500|25,000|
||Pople Charitable
Trust||||||||10,000|10,000|
||Quartet
Community|Foundation||||- Crime|Commissioner|||4,969|
||Quartet
Community|Foundation|||- Tredwin||& Pennington|||25,809|
||Society of Merchant|Venturers|||||||25,000|25,000|
||Hargreaves
Foundation||||||||10,000||
||||||||||72,500|111,178|
##
|14|Movement
in funds|Movement
in funds||||||||
|---|---|---|---|---|---|---|---|---|---|
||As at 31August 2023||||1 Sep 2022|Income|Expenditure|Transfers|31Aug 2023|
||||||8|F|8|6|F|
||Unrestricted
funds|||||||||
||General Funds||||359,424|388,417|(339,451)|1,652|410,042|
||||||359,424|388,417|(339,451)|1,652|410,042|
||Restricted funds|||||||||
||Aspire||||1,652|||(1,652)||
||Digital Strategy||||12,745||(12,745)|||
||Discover Maths|||||28,834|(28,834)|||
||Hartcliffe Support|Fund||||13,773|(12,608)||1,165|
||Insight
into Apprenticeship|||Bristol||53,333|(53,333)|||
||Learning2Lead|||||84,376|(84,376)|||
||Somerset Apprentice||Programme|||5,000|(5,000)|||
||||||14,397|185,316|(196,896)|(1,652)|1,165|
||Total funds||||373,821|573,733|(536,347)||411,207|
||As at 31August 2022||||1 Sep 2021|Income|Expenditure|Transfers|31Aug 2022|
||||||6|E|6||6|
||Unrestricted
funds|||||||||
||General Funds||||346,718|383,427|(370,721)||359,424|
||||||346,718|383,427|~370721,||359,424|
||Restricted funds|||||||||
||Aspire||||1,652||||1,652|
||Digital Strategy|||||19,900|(7,155)||12,745|
||Hartcliffe Support|Fund||||2,719|(2,719)|||
||Insight
into Apprenticeship|||Bristol|10,500|65,000|(75,500)|||
||Learning2Lead|||||550|(550)|||
||Unlocking
Potential|||||25,000|(25,000)|||
||||||12,162|113,169|~110,924||14,397|
||Total funds||||358,870|496,596|(481,645)||373,821|
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|Analysis offunds|Analysis offunds|||||
|---|---|---|---|---|---|
|As at 31August 2023||Fixed|Current|Current||
|||assets|assets|liabilities|Total|
|||f||||
|Unrestricted|funds|2,383|500,551|(92,892)|410,042|
|Restricted|funds|2,383|1,165
301,718|~92,892|1,165
411,207|
|As at 31August 2022||Fixed|Current|Current||
|||assets|assets|liabilities|Total|
|||6|6|6|F|
|Unrestricted|funds|4,665|492,500|(137,741)|359,424|
|Restricted|funds||14,397||14,397|
|||4,665|506,897|(137,741)|373,821|
##
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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
||||||||F|
|Statement of Financial||Activities: Net movement||in funds||37,386|14,951|
|Investment
income||||||(3,513)|(103)|
|Depreciation||||||4,256|4,097|
|Increase
/ (decrease)||in creditors||||(44,849)|36,000|
|(Increase) / decrease||in debtors||||(3,219)|444|
|Net cash inflow
/|(outflow) from operating||activities|||(9,939)|55,389|
|Analysis ofchanges||in cash during the year||||||
||||||2023|2022|Change|
||||||E|F|6|
|Short term deposits|||||341,188||341,188|
|Cash at bank and|in hand||||151,793
49WITI|501,381
~FHIII|(349,588)
~~0)|
||||||2022|2021|Change|
|||||||6|6|
|Cash at bank and|in hand||||501,381|451,657|49,724|
##