Company Registration Number- 08331345 The Charlly Registration Number is :. 1151387 The Guild for Lifelong Learning Limited Report and Accounts 31 August 2023 The Guild for Llfelong Loaming Limited Report and accounts for thè year ended 31 August 2023 Contènts Page Prlnclpal's Report Referenc¢ and admlnistratlve Informatlon Trustees. Annual Report Independant examlnèr's rèport Funds Slat8rnenÉs.'_ Statement of Financial Acllvkles Statement of Financial Activi￿es- Prior Year slalemenl Movemanls In funds 10 12 Income and Expenditure a¢count 13 Balance sheet 14 Cash Ilow statèment Notes to the accounts 17 The Gulld for Llfalong Learning Llmlted Prlnclpal's report forthe year 8nd8d 31 August 2023 l am pleased lo report that Charity contfnued to successfully d81iver Ils obA8cllves by provlding an In¢luslve and broad curri(xJlum ol c￿￿mUnItY-bdsed adull education. It was, as exp8cled, a dlffi¢ull ￿ar for the chafity. Whilst (he pandemic feds Ilke a dlslant event, Ils legacy Is sllll being fell by the charity and the community it seNes', most nolablywith the additiOll81 fivanclal burden known as th8 'COSt of llv1￿ crisis,. The cost of enargy has mad8 a significant impact on the oper311onal iunnlng tosts of the ch8rity. The charity has rnad£ changss to Ihe bulldlng to b8come ffl(xe energy efflclent la reducè &xp8ndllur8 and envlronm6nlal Impact., new bollers have ieduc8d gas consumption, and new LED low Ènergy Ilghling has reduced 81eclricily consumption. Th8 charity's communily café 8Dd art SP8ce tvoved lo b8 v&ry popu18¥. Th6 café offered a hot lunch menu ov¢ry wéékday as w811 as sandW￿￿S. sna¢ks, bev&rag&8, tonfectionery. Throu9hout the colder months the chaiitywas proud to prowde a waym space 3nd Iros hot meals to those who ne8ded th9 SUPPOrt of our Gharltable communlty. The corTxMunily hub spacg was agaln used by s8V8ral local chariti85 and not.for.profll partn&r organisations to deliver their cisFnmunity outreaGh programmes. Regular users were.. - Cyb8r Crima Awareness- cYL￿r Crime TeaTn. Cheshlr$ Constabu12ry nancial Aw8reness Surgeries- Twe Potentlal- Flnancaal Advice & Investment Dlgital Lilaracy. Aid8n Mcllroy - Scams Aw8ren8ss- Age UK, Gheshir& East The gallery space was used lo dlsplay fujr 8xhlbitions.' 'L*ndow Art & Craft Exhlblllon, by Transition Wilmslow (local charfiy) 'A Wlndowon Llndow by Phil Barton IltJf.81 artisti 'Portrails' by sludonts of Annas Art Cl855es 'GuIld4)n-￿8￿ by the teachers and ¢lub facililalors al the Guild This year, as In premous years, thé educational and adrThnislratwe teams have provlded ex¢eptional support lo m6 and each othpr, thelr hard walk and d8dl(*Jon 6nsured that the Guild continuad to fvnction during th￿0 dIff￿ul1 tlmes. 11 must also be noted th91 our a¢hlw8m8nts wwe only k¥Jssible due to the support and Bomtnilinent uf our l(+am tsfvolunt88rs whose effort and 8nlhusiasM $8 greatly apPre￿ated. Paula Rlordan Bsc Msc PGCE FRGS FSET FIOL Principal 5th Februsry 2024 Reference odmlnlstratlve Informatlon Charity name and number The G￿ld for ￿f40￿g Legrnlng Llmlled The charity is ragl$l8r6d In E￿a[1d Wales with the ChaIilyCommission far Ewland and Walas. R￿￿Stered charlty rwTriber.' 115f387 RegEStered company number. 0￿31345 R8ulst6rad Offlcè Th¢ Gu(Id for L5fBlong L£am1ng 1 Bouft16 sireal Wlkr8]ow Ch&shlr6 SK9 5HD Te￿phOne number., 01625 523 903 Email Bdd es leamln .or on learnin Legal Stru¢tur6 of th8 ¢h<y The Guild for Ufelong Learnlng b a charlly Inc(waled as a co￿PanY Ilmited byguaranlee. The goveiniog document the tnern(KaTEdum artd articles of associallon d81ed 14 Decèmber 2012, as arnended S Jgnuary 2021 and 29 March 2021. The Irust&ès of the charfty are the dir8Ctors ofthe company for the purpos8s of comyany law.. Ihrowmui Ihls rèport Ihey are ¢0118cllvely knowi? as Ihe Ttusl86S. TrustB88 The Iwslea8 In offk8 on the dal& th8 WFM)rt was approved ￿￿Te.. Janal Douola8 J¢)hn Dennls GFaCe Reed Su8 Rad￿Y Paula Rlordan matth￿ Smllh Ch8irman AppoInt￿ 8 Novomber 2013 Appo]nied f April 2014 Apptsintsd 23 April 2018 AppdntÉd 29 March 2021 Appointed 24 May 2021 Apwnlcd 27 March 2023 The Itustees sÉrvèd during the period undef report.. Amil Valdyd Resigned 6 February2023 Prlndpal Paula Rlordan Bsc Msc PGCE FRGS FSET FlnslLM Profésslonal Advlsors Legal My6rson Soliutors LLP Gr08venor Houye 20 Bayrlnglon Road irln¢ham Chèshlre WA14 1HB 8ankars N8tiQnBI Westmlnsier Bank PLC 418 Grove Sto Wilmslow Cheshlr SKJ1EE Independent Examlner Érl¢ Lawer BSC FCA Lan￿r & Co. 8110 Galley Road Chead18 Cheshlre SK81PY In6uran¢8 Brokers Delta Corwtal& ￿sk Suile 2 Balley Court Green Sliéet MAcclesfidd Cheslire SK10 1JQ Penslon Adrnlnlstrators Nalk>nal Empk¥ymenl 8avlngs Trust RIversI￿. Hause 8oulhwark Bthge Road London SE1 9HA Trustees, report lor the yearend8d 31 August 2023 The Trustaes pièseni Ihetr annual report and accounts for the year ending 31 August 2023 wh￿h hav& baen prep8red In 8ccordance wllh the Companiey Acts 2(K)6. the Ch8rlllas Aci 2011 and SORP IS18¢ement of R8cDmm&nded Practice for Accounilng and reporting by Ch8rilieg12015 las 8Mended by tho Bull8tin issued ui Ocl¢b¢r 2018 and applKable to all &Gcounling period$ beginning Dtt or after 1st January 2019k (The SORPI. Background to The Gulld for Llfelong L&2rnlng In 1922 the Wilmslow Educational Soclely IWESI w￿ling In ¢onfvrLtlon with the Wotkers Educalk>nal AssociÈtion (WEAI organlsed lh￿r￿r$I s8rias of Ieciurés and In subsequent years th6 R&ligious Society ol Fr￿ndS kindly108ned th8lr sthool roorn lo Ihe WES for some cwrs8s and the perf￿marKe of plays. In lh8 Spring of 1926, il was dechJe¢51o fomi a n8WorgaTr￿atIQn which was separate from Ihtr WEA, il be c8lbd Ih6"Be8con Guild" Ènd bé based at Bouine Slr68t. Thè nèw organisalion publlsh$d ils flrst syllabus for the season 1926-27 arKJ11 ortsw stoadiwfrom ils inceplknn rylh Ihe support of Wllmslow kncply of Fnend$, ChBthlre Comly Council a￿1 Ihe 14linig1ry of Educalim. The narne of Ih8 charitychanoed lo Wilmslow B&Acon Guikl in 1939 dnd lo Wilm8bw Guild In 1940. 30 Aprll 1W3 th8 Gui* was rsglslered as a charttyln accDrdanc& the Charilies Acl becauso INS was a condltlon for funding by the Mlnlslry of Educaiion. Tth GUI￿, èn unineorwraled cha￿ty, Continued lo grow In twJlh115 pn)VisI£￿ and nUm￿r of participanls. In 2012 lh8 Trusiees decWed. due lo Ihe stAe uf lh& orgdnf6dllon, lo thang8 the leg81 gtalus of tha charity to 3D inGorporaled ch8ri1y. Tthoughoul thé charily's &¥asten¢e hs purposa h88 rem85ned the same.. lo promde a cantre In whlch men and wornen may Ilnd opportunlties for 8nrlchmenl of life thmwh edu¢allon, fdbwship and co-operaliva effort forlha wèlfare of Ih8 communlty. A resolulhyi passed ￿ 5 J8nuary 2021 to changa (he name ol the d)arily to The GUI￿ for LEfeW Learnlng to prDwde a beller 8xpbnslion of the purposo of the charily,. 8nd k) remov8 Ihv 98ogFaphical Ilnk to Wilmslow tecause tha charflyoperales from COmTnunlly venues Ihroughosrt East Cheshlrg 8Dd South Ma￿host0[. Otganlsatlonal Stru¢tur8 The Tnjsièes are responslbk for pollcymattérE and the over811 dlreclion of Ihc charity and have absolvle dlscrellon In opplylng its funds forth8 furfh8ian¢s ¢1 IhB oblects of the charity. Ths BoArd rp.v*Aw& all of th8 polic￿5 of Ihe Guild on cydleal basls. Non6 of the Ituslees has 8ny b&n8fl0ldl Inl8resl in Ihe Gharily, norrecdves any r6muneralion, 0lherV￿n Principal who is an 8X-officio I￿st￿e. Eath Trus168 guoranloo$ lo Contil￿te £1 in tbe event of wlnding up. The Board of Trustees m68tÉ slx lirnes 8 yeHrforordln8ry m88¢ings kn 8ddrflon to the Bnnual ￿neral m8611ng, The B03rd of Twslees may also Inwta olherindivirfuals as appointwj to advis6 and rèport, bul onlylhe Trusleas ha￿ vollnu rights. The Flnan¢6 Comfflhl£e, whlch reports t() Iha board, meels prlor lo the board meetings lo r&v18w". b￿got5, Inveslmenls. fillancial perfor1￿anCe dnd controls, the fin8nci81 impkcalEons ol any SP8GIBI InilralDies. Dsk manag8m&nl and to finayse Ihe 8udited ac¢ouDis and annual roport fer the awroval of the Bosrd ol Trusle£s. RerDUtwallon for 811 stsff Is and agr￿6 annually by the Remuneration Committee. adwseLI by th8 Prindpal. Th8 Board of Trustees del￿al? respon$lbSllly fcr 8¥ operational matEers af Ihe chadty lo thè Princlpal. The Irusl68s er8 very gi*eful lo (he Princwal. her hard wurk ¢ind dedlcdlion had been eXcep￿onal., 9he ensured the ch8rily coTrlinued lo operate throughout th8 yeaidelDiorirbg ils sfjrvlces lo m8inlakn sttial cohesion 2nd reduce So￿al IsoL411on. Recrustment electlon and fralnlng of trustoè$ The pow￿ of appDinling successor or8ddllk)nal IrLtst*ès Is vesled the Members of the ch8rfiablè tompany. the majorftyof whom arè IrLJStees of Ihe chwily. The Memorandum and artiGles ol 38s0￿a￿On slate Ihat there musl be al lea8t three and no more Ih8n hvafve Iruslees. On8 Ihkd of th8 Iruslees must rebre at Annual Gen6ral M881ing". relying Trustees arè eliglbla lor ia-gppoinlmenl. Trus18es are s£leGled on th8 basis of Ih61r spèclallst ski115 knowledg8 thal18 ralevani to thè Guild. Newlruslfje Induclknn Is undertaken on a on￿￿ne basls vthen they ar8 decled. They are brfeled on thdr legal oljligalions undor charilyand tompÈny law. the conleDI of the memorandum and art￿leS of a£%(￿JaIl(1n, the charity 51ruGture 8nd deuSi(￿-m8k1no processes. facenl aGtivilps 8nd finandal perfortnanGe and ￿ans. Yhere is foNal 1¥8lnlng fortn￿teeS as tsquired. Rlsk mana9èm8nt Thè trustees h£v8 8sse5sa the major rfskE IDwhlGh ths charity Is exposed gnd are $afj$fl@d wlh the systems atKI procedur8s that ar8 in pl8G9 to m8n8ge end mlllgal6 Ihesa. Ddall¢d ¢onslderation of risks18 deleg818d lo the Fknance Commlttee. a$8lsled by tha PHDGip￿. A lom21 révlew of The Gulld's rlsk tnanagemènt processes and the rtEk regisleris undertaken a8 part of Ihe cyclical Olcy r￿eW undertaken by the Board of Trustee8. strateglc Revlaw Summaryof Tho Gulld lor Llfelong Leamlng's oblbctlves The mem)randum ond artiGl2s of es50￿￿￿on sel out howthe irfome and propetyof the Ethorlty 8rg to be usÈd to advarKe the Charitable purposÈ. The objects of Ihe chatsiy arè.. lal la womota the Wefil ofthe ￿habitants ofWilmslow8nd the n8ighbourhood logeU)8¥defined by Iht areas known as Wilm$k)wand Hgndforfh and tho clvll parishes of Alderley Edge. ch￿trY 8￿j Mcltram Sl. Andiew. wflhoul disllnclion of sex. sexual orlentatson. rac• or polillcal. rallgKJUS ofoiher Wnlon8. by associ8llw logBlhar th• Sald Inhabllanls and lac&1 authorit￿s, voluntary and olherorganisations In a commoii eflort to 8dvance aducBllon and lo pwide f$￿111186 in the interests of soclal wdfare lor recre8lion alld161sure-tlme oceupalion wlh the obi8cI ol IMpro￿r￿j Gonth￿onS of lrfé for the Sad inh8biknis', O)) lo establish, or ts￿re the eslabKshrnenl ol a commuE)Ily cenlre Bnd kn maIn￿￿n and manage th8 same Iwhelher 8lone or in co￿paratIOn Wilh any thl auihoriiyerolher porson or body) in furth8r8n¢e of Ihese oblects., and Icl lo promote Suth other purposes Ihal ale Gharflatqe a¢carding to the bws of EwlarKI and Wales and lorth8 bgn8fil olthe publlc as may from line to brne be dalermlfted bythe Trusteés. A Sel ofW41ves and Akns" have now been esiabli8hed to comrAIMenl Ihe'vlston and Mlsslon" statements. A D8vel¢ymenl and Straléglc Plan was written In 2018 whlch $8ts wl orggnisaliot￿l obl8¢llv8s from Impl8menlalion up 10 2021. the plan Wd% Imp￿Ment9￿ lo daliv8rthè objects ol Ihe charity. Thg plan ￿ a do¢umenl and is r&vi£wod nd ￿Sed a cyclical b8sls to ensura that the objective5 remain S￿ART (Specific. Measurable, Attaln3blÈ, R&￿vallt and Tlme*a8edl. Summaryof th6 maln 8chlevements durfng the y8ar Tho 2022123 a¢ad6mic yesr morked IhÉ 97th annivfjrseryof Ihe founding of th& Gulld th8 programmtr h88 Contlnued to develop ￿th a great2r 2nd mtt8 dlverse wancÈ £50,UODI,' a￿. or, bl Ihe establshmenl of operations in s￿￿ble prwnlses vthen Ihè1É3se 1 Bourne SlrÈBI ex￿re$ In 2061 Icurient allowan￿ £250.0001. Tho board of Imslges knowth81 the 8vallabb resarves need lo grow substant￿llY to safeguard thefulure OF th8 charity. Invèstment pollBy and Inve8tmont ob￿CtIVeS. Undérihe memrandurn and arilttles of 8ssocialion, the charity has lh$ power to knv8sl In 8ny way Ihat the trustees see fit, provldino Ihal suGh powers of Inve$lm81112re 0￿Y axèrciséd for Ihg purpose of attanlng the objects of Ihe charity and In a manner that is ￿gallY th￿table. Th8 c￿[ant invesimenl oiy'ecllve ￿ to ma￿MIsS Income yidd whlle mtlnialnlng tha Value of capital In real tèrms. Tha Financè Commlttee M￿[tOrS wfoman¢* and reports to th8 Board ol Truslees on a regul¥ b8￿8. Members of IhÈ Finan￿ Commlttetr have b8ckgrouTrd ÈXptsrler￿6 and knowledge of finan*. An Indyndent Investrn8nl advl8orassisls the Trusl£e& wh&n Tre¢ess8ry. The major rl&k6 to whl¢h the ¢harity Is exposad and reviews and systems to mltlgate Ihem. The tÉnur8 of pramis& for th8 diarily lo deliw its progr8mme of aclNit1es is wnsidared lo be a Ask. T￿leaS& I Bourne Street, the prim￿ slla for dellveryof the pwr8mme. wll expire In 2062. Th6 Truglees have deC￿ad thai the acqulslllcn of pem)anonl premls8s forlhe ch8rily lo d8llv6r Its ¢harilable pUr￿s0 ￿ 8 key slralegio ot4ective to ensure Ihefulur& of the charlly. Thp. b￿lding at 1 Boume Street 1$ g moduE3r sysltm ￿11{ Ilint￿r framed GOTrStruGtlon dallng f¥om 1962, 11 was conslmct8d In a¢cordanc8 ￿￿th thelgdbe and Is currently ￿SIdered prachcal and eGonotnic lo malnialn In accordan￿ wlh the iaase for Ihe r£TDaindÈr of Ihc term. The bU￿ding, vthilsl fil for purwse, wll requlw Ong￿n9 maintenance dnd répalr aswell gs intémal remoddltw to ensure that11 lunctbrbs well forlhè dolNcry of Ihe charlvs objecllvès. P18175 For the Futuro The tW5tses of The Gulld have 8 deBr plan for the fvlure of the charity. However, the tirnlng ol Ihè Implemenlalion of the is subie¢l lo the circumstances causèd by the COVID.19 pandomk. The Iruslees Inte￿ to $18adlty expand the provision of acu￿11$$ offered by the charily lo deliv$[ its objéels durkng t￿ next fiv8 years. TtMÉ Mrill bs achieved by waiklng In p8rtnersNp vxlh Ot￿r chailllos. cheshi￿ East Coukdl 8nd the Departrnent for Educdllon. 1118 the trustees, ithianllDlI lu I￿re¥s¢ the numbÉi of cours6s. clubs and sociellès dellvered.. gnd lo offorihl8 oxpanded prov151on in a way Ih81 18 acoe$sQ)le lo a Ikroer proportk)n of t￿ sdull populallon. There ￿ryI1 bè An expanslon af face40-f8Ge le8mlng In the East Ch8shire and SDulh Man¢hesler&reas as and commvDlly vanués ba¢ome avaIlab￿. Dlsclosure of Informaiion to the independent examlnor AllofiheTIu5tep5 have£anfi¢med th3tthere isfio InfDNmationofwhlch theyare aware whl£h Is le￿Wan(Lothe IndependÈht examlhatlon, butofwhlch thE IndÈpendenreKamlneT 15 Unawarè. ￿lTruSte2S have 1urthprct￿fIrMe￿Ih￿t1heY trwve. taken pproprlate stepsto identifysuch relevdntlnformation and toest3bnshihat Ihe inde￿ndEnt examlnerts awareof 5uth Ér¥formatkn. Statom¢nt ol th• Trust8es' Respon$lbilitlBS Thetharlty's ifusLeesare respanS1b￿fo￿ the preparation plthezccounts In accordar￿¥￿t￿ theteims of the CompaniesAct2006, thèCharlUesAct 2011 and the Charltles IAccounr5 and R@PDrtsl ReEulatlons 2008. wiwlthstanrln8 Lhe expllcir iequirementln the extsnt statutory rtgu13tlons.the Chariile5 IAccouDtSand Reports) Reguktlon5 ?￿8, to prepare the fln3ncia15tstements In attordancewilh Éhe 50RP 2005, In vlewof the factthatthe SORP 2005 ha5 bepnwlthdrawn, the Trustee5deteTmlne&to Interpret thls re5pon51bilityss tequlrlngthem tofollow ¢urient besipiaciice and prepare the actounts according tothe FRS 102 SORP ISLalernentol Recommended Practi￿ forAccouiitlnE and AeportiDgb¥ Cha>ltlesl 2015, las amernthd bythe Bulleyn Issued In October 2018 and app14£3bleto all 3cioUntitt¢ perlods beglmnlngon Or after Ist13nuary 20191, IYheSORPI. In partKulbr,thÈ Comp3nlesAcl 2006and charity law require the Board of Trusrees io prepare flnanclal stateTnents for each Ilnandal yearwhlch glve a true 3ndfalrvEeW Df thestate of affair5 of chariiyas atihe end of the flnanclalyÈarand of the5U[￿￿5 or deficitofthÈ tharlty. In preparin8 Ihoselinahdal slatemenlsthe Bpard 15 regulred to;. - lo pr£par8 a¢covnls In e￿OrdanCe wfth Unlted Kingdom Generally Accepted ACC￿ntIng Pradlce (United KIn￿oM A¢counllng Standards and 8pplk8ble law - sdad suilaLrfa accounting PDVdè$ and apWy them conslslenuy,. - mBka JU(￿eMen15 aTvJ esllmatss that aro reasonabltt and prud8nl'. prepare the Ilnancial stslem8nts on the going concèrn b8s1s unless It 15 inapprwrfale lo presume that Ihe chBrily yrill conlinue lft business.. stale whether applicable aGcountiw slandards 8nd $181ements ofrewmmendod pra¢ti¢e hBv2 been fdloW￿. sublecl to any mal&rial dèpartures disdosed and explalnÉd In the finan£lal stsletnenls., ThB1gw requlras that the Itustees musl nol approv8 the sccounls unle3s they are sa115fled that they 9fv6 a true and fair v of the state of sffalrs of the Cha￿lY 8nd of Iha surplus or deflLYl ol the eh81ily [(* yèar. Tha TrugtÈés are 2lso responslblè fortnaintsinlng adequ8le accounllng recor(Is wthlch dl$closa wlh reasongble 2￿r8¢Y 818nytime the financAal position of IhB charity and wlich are suffl¢l8nt lo show arbd explaln lh8 chariiis Iran58cli(N78 en9ble them lo ensure that the financial slaiÈm8nts camplywllh Cornpanles Acl 2006 and comply vlth regulati￿5 mad2 underlho Charfllas Act, They are aL%o rfrswnslble for Baleguardlng th8 assets orth8 charityam h6nce foF18king reggonab￿ steps for th8 pravenlion gnd d8te¢iion of fraud 8nd olh8T IrregularflioÈ. The Trustees aro dso rès￿51b1e forlhe C(￿1￿￿15 ofthg Trustees, report, and th8 stalulory responslbllily of Ihe I￿￿et￿nden1 Ex8mln8r In relati￿ to Ihe Tru$le8s' report is linil8d to examlnlng lh& rel￿)rt and ensuring Iliai, on the fHee of the report, Ihere are no ma18rial Encorbs￿lendtrs the figures disclosed In the financid statements. MÈthod of preparatl¢)n ol accounts- Small Company provlslan¥ The fin8ncial siat8mènts ara sel out ￿ PaOE*$ 10 to 32. The fin8nclal statèments have been prap￿sd iM￿ementIng Ihp FRS 102 SORP Islalernent ol R8commÈndèd PractKe forAcrx￿nI[n9 and Reporting by Cliarlli&s120I5, las atnended by the Sullelin issued in Oolobgr 2018 and applieBble lo all accounliro perlods b8glnTring on or after Isl January 20191. (The SORPI, and In accordance ￿th the Flnandal R&wrting Sl8ndard 102,18rfeGl￿e 1st January20161 Th888 fIna￿l81 8ta18rnenlB ha￿ besn prepared in gworLlance th6 provlslons in Pari 15 of Ihe CA)mpanies Act 2W6. 8pWi¢gble to Compan￿5 subj£cl to the sm811 (ompanles teglme. This report was a￿[oVed by th8 board of Irus18e& on. J4 Douglas tnan of the Board ofTrustee$ Tho Gulld for Llfelong Learnlng Llmltsd Report otthe Independent Examinèr io the Tr¢J8tees of The Gulld for LIf￿Ong Loarnlng on the finan¢lal statémènts for the year Ènded 31 August 2023 I r8PUt lo the Trustees Qn my axamthallon of th6 finanGial stalem?nls ol th6 ch&rily on pag95 1 ta 31 for the yaar tnd6d 31 August 2023. Responsibilities 4nd Ib8 bas15 of Ihe report As d8scrib8d on page 7. you. th8 Charllls TM51ees 13nd also Its dlroclors for the purposes of ¢omp8ny lawl. are responsible for Ihe praparation of the fin8nGial st8temenls in accord8rice wtth the requiremanls of Iha Compani85 ACE 2006 I'the 20)6 Aci'i. Havlng satl8F18d my8&lf thal the financ121 slatemenls of th8 Charity are not rèqulred lo be audlted 4JndE>r Part 16 af the 2006 A¢1 and ar8 81igible for Independfinl ex3minalion, I report in respeot of my 8xaminalion of your chaiitl5 flnanGlal $tsltment8 a8 carrth out under section 145 of lh& Charities AGI 20111'lh& 2011 Acl'l. In Car￿￿￿ out my examlnallon I have followed the Dlrecllons glven by the Chthty Commlssbn v￿er section 145151 Ibl tsf th8 2011 Act. Indep&ndtrnt Examlne¢s Stat8m•nt Since the Charflys gros8 Income exceeded £250.000 your examlner must be a membei of a body Ilsl8d In section 145 of the 2011 Act. I confirm Ihal l am qualified lo und&rtak& Ihe examination because l am a member of Th6 Inslitule of Chartersd AccoLmtanlÈ In ENaland and Wales, which Is one of the Ilsled bodies. I hav8 completed rny examina￿on. I rAxkfiFm th81 no rnaller5 have Gomo lo my attention in ¢onn¢¢ti¢)n wllh th8 8xamlnalia gNing me cause 10 bella￿.. 1. 3SGounting rwds were not kept In re$￿tt of the Charity 8s required by with Se¢Uon 386 of 20￿ Aot,, or 2. the financial stalements do not aG¢ord with those record5", or 3. Ihe flnanclal ststernents do not comply with Ihp. arr￿lInting re4ulr&mÉnis of Secti(￿ 396 of Ihé 2006 Act othcr Ihan any r8Quiren￿lll thal the aG¢￿￿ts givc a'lrue and f&iff view, whth Is not a maller consldergd as part uf an ind6p8nd8nl ex8minalion', tsr 4. the finan¢lal sl8t8menls h8ve not bÉen prepar6d In 8ccordaKe with thè molhods and prtnciples of the Slaletnent of R8comm&nded Practice for aGG0￿￿UnU and r8w)rtsng by oharities. I have no concems and hav8 comè across no olher tn3118rs In conneclion ￿th the examination to which attention should bg drawn In thls report In order to enable a proper urKt&rstandlng of th8 financial slalemenls tu be rtrathed. 16 Fobruary 2024 Erlc Langer Bsc FCA ICAEW Dat8 8-10 Gatley Road Ch&adla Cheshire SK8 1PY The Gulld for LlfelDng Leavming Limited- Sfat8mènt of Flnancial AGtlvltleg for the year ended 31 August 2023 Stalementof FlnanclalActlvltlas (Includln9 Ilro Income andExpepdl(ure Account rortht yèAr eMded31 Augusl 2023, as requlrgdbylhe Compenles Aci 2006J SORP Rof Current year Un¥eslri¢ted Funds Currént year RéstTlCtèd Fund8 Curr8nt yoar Total Funds Pyloryear Total F￿ndS 2023 2023 2023 2022 Intome & Endowméthts from.. Don8llon3 & Legacies Charllable activllles Othor trading actlvllleg Invaslm8nls Oiher A1 2,909 491,377 2,135 3,208 2,346 6,803 9.712 491.377 2,135 3.208 2,346 61,864 369.839 1,208 893 A5 Total Incomè 501,975 6,803 508.77B 433,804 Expe￿￿1t￿re on.. Raislng funds Charitable 3clivlties B1 82 620 461,112 483,673 33.540 517,213 Total ¢xp8ndltuie 414,337 33.540 517.877 461.732 Net Incom8 fortho year 17,638 126,7371 19,0991 127,0281 Transfers b8tweèn fund$ 13251 325 Net In¢ome aftertran¥faYs 17,318 126,4121 19,0991 127.9281 Net movemont In fonds 17,313 126,4121 19,0991 127.92111 Recontlllatlon offvDds'.- Total Funds brought forward 872,543 47.983 420,526 448,454 Total funds carrled fowward 389,856 21,571 411.427 420.526 Thg'SORP Ref kndlpAl8d abave is the ¢lasslflcallon of Incomg sel out sn th8 formal SORP documents. As tewired by paragraph 4.60 Of the SORP. the brought lorward ¢8rried forw8rd funds 8bove have b8&n a￿￿6d lo the B8lance Sh8el. A Stal8menl ofTctsl Re￿gnISed G8ins and Loss6s is induded 85 e primsrystalem8nl in thess Èttounts. 18t11vllles d&rlvg ftom Ix)nlinulng Operat￿n$ Th8 notos alt&chÈd on pages 17 to 32 fonw an Int&gr&l part of thè&e accounts. io The Gulld lor Llfelong LeHrnlng Llmlt•d-Statement of Flthanelal Actlvltle8 for the yearèndèd 31 August 2023 SORP Ref Prioryoar Unrestrl¢ted Fund8 2022 Prloryegr Restricted Funds 2022 Prloryear Total Funds 2022 Income & Endowmonts from: Donalions & Legao66 Charliable a¢￿￿￿eS OthÈr IrÈding acllvllles Snveslmènts Al 1,$81 369.839 1,208 893 60,303 61,864 369.839 1,208 893 Total incoma 60,303 433 804 Expendlture on= Ralsing funds Charitable aGlivilies 81 B2 620 461,112 443,835 17,277 Total expondlturo 444 435 17,277 461.732 tkl gains on inYeBfm8nts B4 Net Incomè for tho y8ar (70.9541 43.026 127,9281 Transfers betwegn funds 15,OOQ 115.OODI Met Incom8 after transfers 155.9541 28,026 127.9281 Net movoment In fund 155.9541 2B.026 127,9281 Recon¢lllatlon of lund8'.- Totsl tunds brought forward 428,497 19.957 448.454 Total funds ¢3Trled forward 372.543 420,526 All acllvltles derlve from contlnulng operatlons Aslalemenl ofTolal Reu)gn188d Gains and Loss881$ kndudad In th￿& 2crxJunls as a separak prfmry statement The fftote8 8tlached on p8ges 17 to 32 form iniÈgral part of th8so ac¢¢JuDIs. Thtr Guild for Llfelong Laamlng Llmltéd_ Stalement of Flnattcial AG¢lvltlo¥ forthe year endèd 31 Augu8l 2023 M0￿MO￿t& in tevenue and ¢apltal funds forth6 year ond8d 31 August 2023 Rèvenue accumulated funds Unre5trl¢ted Funds 2023 R•strl¢ted Funds 2023 Total Funds 2023 Last year Total FuThds 2022 Accumula18d ftsnds brought fotward 372,643 47.983 420,526 448.454 RÈcognised galns and108ses bbfoi transfers 17,838 126,737 19,099 27.928 29Q,181 21.246 411.427 420.526 (Fromyfo unreslricted revanw fvnds 13251 325 ¢loslng rovenu8 fund$ 389,856 21,571 411.427 420.526 Doslgnatod revenue funds Included wlthln thÈ unrestrfctod funds abovE Total Fund8 2023 Last year Total Funds 2022 Al 1 Soplembtsr Transfer Ilollfrom r8Yenue accumulated fund8 470,000 190,0001 470,000 At 31 August 380.000 470,000 Thè pvtposes forwhlch these fvnds have been d8slgnated 8re dew1b￿ in Note 18 lo Ihg ar£ounts. Summary of funds Unrestrfcted Restrictgd Funds Totsl Fund¥ Last Year Totgl Fund8 D6$lgnatèd funds 2023 2023 2023 2022 Revenu8 8￿￿￿uL￿ted fut)ds Revents8 designst8d lund& 9.856 380,(K)O 21,571 31,427 380,000 149,4741 470,OOQ Total 389,856 21,571 411.427 420,526 The noles altachèd on page$ 17 to 32 form an Inttgral part of the88 accounfs. 12 Th8 Gulld for Lifelong Leaming Llmlt6d - Statemtrnt of Flnarsclal Actlvltles lor Ihe yoarend6d 31 Auuust 2023 The Guild for Lif&long Learning Llmlted Incomè ènd Exponditure Aecount forth8 yaarended 31 August 2023 8$ requlred by Ehe Compan188 A¢t 2006 2023 2022 In¢om$ Incom8 from operellons Interest ￿e￿1Vable Othér op8milThg income 503.224 3.208 1,713 432,911 893 Gro88 Income In the ￿ar bafore exceptional Iterns 508,145 433,804 Exteptlonalilems.. Galn on disposal of asséts 633 GrDS5 Incomo In tha year Includlng 8xceptlonal Items 508,778 433.8Q4 Expenditurè Charitable expenditurè. èxcluding d8preualion and amortlsalic DepreLiglK)D and amorUs811an Fundrdising cosls Govemance ¢0515 S02,394 12,227 664 2,592 449,774 8,746 620 2,$92 Total èxpondlture In thè yèar 517.877 461,732 Net I￿¢0￿e beforo tax In the Ilnanclal year 19.0991 127,9281 Tax on surplus on ordlnary acllvltles NÈt Incoma aftor tax In th&flnanclal year 19,0991 127,9281 Retained surplu¥ forth6 flnanclal yèar 9,099 27.928 l actlvltles de¥ivè from conliNlng operations In aGGordan¢é vAlh prov15ions of the Companles Aot 2006, thé headlngs and subheadlws usad h) th6 Inc(￿e 8nd ExpendilvJe HCGounl h8V6 begn gdapled to rertgcl th8 speu81 naturè trf th8 charityls 8ctvrill8S. Th8 llotes attachtrd on pagès IT to 32 fartn an Inl8gral part of those accounts. 13 Thé Guild for Llfolong Leamlng Llrnlted- Balanco Sheet as at 31 Auoust 2023 SORP Nota Ref 2023 2022 FIx6d atssets Tanglble 9ssets 317,807 329.204 Current assets Oeblors Cash al bank and in hend 10 B2 84 5,259 258,842 11,383 234.865 Total current ass8t8 264,101 246.348 Credltors: amounts falllng due wllhin one year 11 C1 170.481 1155,020 N8l currènl assets 93,620 91,322 Thè fgtal net as8els of the tharity 41qA27 420,526 The total net assets of the Charfty aTr fundèd bythe fitnds of tha chavllyi as follows:. Rèstrlcted funds Restricled Revenue Funds 15 D2 21,571 47,983 2fj,571 47.983 Unr•8trl¢ted Funds Unreslriclad Revenua Fllnds 15 D3 9,85 197.4571 9,856 197,4571 Deslgnatgd Funds De8lgnalèd Révttnuè Funds 15 D3 380,000 470,000 380,000 411,427 470,000 420,526 Total Charlty funds Th*'SORP R8f indirated abov81s Ihe C￿ssIfIcatIon ol Bdlanc8 Sheet items as setout In the foimal SORP docutll6nls. As required by paragraph 4.60 of the SORP, Ihtr brovghl forward and carried fotward fiinds abov8 hav8 bean ggreed lo th6 SOFA,. The direciors arB satisfied that Ihe ￿MPaThy Is enlitEed to OX8mption from the requirement lo (l)lain an eudll under section 477 of t￿￿ Companles Act 2006. Th8 tnembgrs have not requlr8d the wmpany lo obtaln an audit in aC￿rdanc￿ section 476 of th8 Aci. The directors acknowledge their responslbililie5 for catnpl5fjng wllh lh8 requiremenls of tha Companies Act 2006 with respect lo accounllng records 8nd iho preparation of accounts. The charfly Is subiacl lo IndependBnl Examin31ion uM4er charlly leglsl8tion, and th8 report of the Independent Examlnér Is on pag8 9. The flnanottl st8lemenls have been yaparÈd in aocordanc8 Wlh the prOv￿￿nE In Part 15 of the Compan￿$ Acl 2006. applkgbb to cornp8nies sublectto Ih8 small companlès ￿gIMe. Ja ef Douglas irman of1118 board of Iru5tees Approvèd by the board oftrusl&8s on 5th Febru8.ry.2024 Thè notes attached on p89è8 17 to 32 form an Infègral part of these account8. 14 Th8 Guild for Llfelong Le8rnlrtg Llmlted C2sh Flow Statsment Forth8 year ended 31 August 2D23 2023 2022 Cash flows from opera£lng a¢tlvit1è8 Nel tash provkjed by operatkng activities 48 show belaw 35,866 30,734 Cash fflows Irom Invesflng 8GtivltAe$ IntÈrbsl r8celved Purch9$8 of yrfWBrty. ￿an1 and equlpMÈnt 3.208 115.1971 893 Net ¢8sh provlded by Investing adlvlt1é8 111,989 893 Cash nows from flnanGlng 8ctlvltles Nét cash pmvlded by flnan¢lng actlvltl88 Ovarall cash provld8d by Bll acti￿tIeS A+B+C 22,877 29,841 Cash mtsvements Chang8 In cash and eash equlval8TEis from ac￿￿tIeS In thè yearéndad 31 August 2023 23,877 129.8411 Cash and cash equiva18llts at 1 SeplembBr2022 234,965 264.8L Ca8h at bank and In hand less ovardrafts at 31 August 258,842 234.965 The Gulld for Llf8long Leart)Ing Llmltsd Cash Flow Slalernonl for th8 yÈar endod 31 August 2023 Rgconclllallon of n•t Ineome to not ca8h flow from opèratlng aGtlvltl88 N61 InGome as shown in tha Slatemenl el FinBnciBI Activit￿S 19,0991 127,9281 AdJuslment6 for.. DèprE*cialion charges R&vèr5al of Fixed As£èl addilion 8ccru&l Dividends. inltrw￿ and rents from Investments Loss on ih(* disp0581 of Fixed and Intangible Assets Decrease in deblois Increasé credllors, S￿hIdIng k)att5 12,227 15.000 13.2081 16331 6,124 1S,455 8,746 18931 19,0581 Net cash provided by Qporatlng actlvltle8 35.866 knalysls of ¢88h and cash equlval8nt5 2023 2022 CÉsh IA hand 91 for th• year ended 31 Auousi 2023 258,842 234,g65 Total Cash and eash èqulvalents 258.842 234.965 Analysls of ¢hang8 In net debl Atst&rt C8$h At8nd ofyear of year Flows C88h 234,g65 23,877 258,842 Total 234.965 23.877 25B,842 fj6 The Gulld lor ufaltsng Lèarnlmg Llmlt4d Not98 to the Accounts ft*rthfr year gndgd 31 August 2023 t A¢¢ountlng pollGle3 Pollcles rglollny lo fhe produ¢llon ollhe ac¢allnts. Basls of preparatlot) and accoun￿rbY ¢tsnvÈntlon Th8 accounts have been prepdwd Dn the accw¥ls b8sL4, underlhB h151arfcal cc>st Gofivvmlon. and in Bccordan¢svAth the Finanthal Reporbog St&ndard applkabl8 in lh9 UK and RapubliGof Ip.l¥Jnd IFRS 1021 and Acwunllng and R8partiThg byCharilio$.' Slalementof Rewmmended Pradlce ￿p￿iCAb￿ lo chadli¥¥ prep8dn9 Ihgir aCc￿nts i a#vrJoiica wilh the Fknandal Rep￿1￿9 s￿tt￿ard applicable In tha UK and Repobll¢of Ireland IFRS 1021. Charllleg SORPIFRS1021, gs amerKJed by Update BL¢ii61in 1. The accounts have been preparsd In accordaTrGe Wlh appllcable tharily law kn England thls b￿ng the charit￿￿ A 20118nd Sl 20081e29 ICh¥illes AG¢ounihg 8•d ReportlThg Regulalionsland, p8ndlDg the maklng of repl3cAm8nt $pe￿f￿to Charflièa SORP IfR81021 In aC￿rdanc0 ￿1￿7 Reg,814lldl of Sl 20081629, th8 charily Iwslegs h8v8 depaA6d Iram th8 r8quirom8nl of Reg.61S1 byfollowlng Charflles SORP IFRS1021 instead of Chgrlknes SORP IFRSSEI lo tho eytenl ne￿9￿ry lo giwa £ true 3nd fairv18w in th8 (xrcutnsiance Golng Concorn The Tru$lees are sallsfied Ihal, al Ilme of 8pprovlng the I￿ancIal s18temenls. it (s approprlale to 8dopl Ihe golno concern basis ￿ prepafing theffin￿￿aI siatemenls. Rlsks and futur& alsumpllons Thtr tharfly COnBliiUl&S 8 public ben8fiiènlKy ag defiTrÈd by FRS102. Thg tharily18 an (xsmpanylitniied by gugran188 reglstered In England. Th8 pDn(xpal Address of Ihe charliy is 1 Boum6 Street, Wlmsbyw. Chè9hir8, SK9 SHO. Poll¢los r•NAlln4 lo caIègorl4s oflncome andlncomo ts¢ollnlllon. Catègovk8 of Incom8 And rè¢oonlUo Voluniary income Is ra¢elved bywayol grants, donalions and gltts and is kntludod in lull In the slaitrmenl of ￿8￿(￿21 8¢IIWlOswh￿ receivab16. Grants￿￿8r8 gnlllbmanl Is notc<)ndl¢lon21 on Ihg d811very ol a 8peclfiG perfom)ance bythe charity ar8 rfj¢ognlsed whon Ihs charfly becom¢$ uncondltionaltyenllbd lo Ihe grant. t)onal2d service8 fadlS118S 8re Included 81 Ihe value to ehdritywh8r8 thL8 Can be qu8ntifi8d. Tha value of g8twe8s pthd8d by volunteers has nat b89n Included. Iwom8 ¢harftable acliv1l￿S provislon of ¢￿SseS and couts¢$ rebllng lo Ihosè t&￿ng pts¢e bef(Jra tho yeel end. Any Incame rdalin9 to IhoGe laklno ￿8¢$ in th8 next ye¥l9 deferred. Gr8nls, {￿UdIng granis f¢*ihe purchase of fixed assèts, are rè￿OnI8*d In ly11 kn the 51aiamentorrin8nc￿1 aGliviUe$ In the year In which t￿Y￿re recdvabl8. Incomé from IDvthenls13 Included in the yoar Inwhich It Is rrfelvable. PoH¢les relating to exp&J)diture on godds ands•wl¢e$ provldedto thsrlly. Recoonltlon of1Sabllitl&s and Èxpendltu Expendiiuie & rec￿n￿od on an ￿rU81 b8sis as a liabllltyls lThcurr8d. Expandiiure In¢lude8 anyVATwhl&3 cgnnol b recOv￿&d. ar￿ is r8PC*ted as part of Iho expenditDre io whlch11 relate Fundrais*w ¢0819 are Ihose inGvrrnd kn rektioTr lo aGilvWe8 forg8n8f81ino funds, Qovernance r￿sts include Ihoge costs a5$0daledwilh mè81ing Ihe conslrfulp)nal and 9181ulory r8qukgm￿is Ollhe charity and ifitlude the faes and rosis tsnk9d 10 the 51rdt8gk managsmÈnl ofts charity. 17 The Gulld forLlftrlong Leaynlnu LI￿lled Notés to thg Accounts forthg ygarended 31 August 2023 Pollcles relallnu io 8ssets, Ilabllllitrs ondprovislons andoiherfftallers. fanglblé lixedassets Tangible fixed assèts ￿e m8a9ured atlheir origlnal cost vaue, orsubsequtrnl revalualion. less a¢¢umulaled deprsfjlalbn. Dewedaiitsn has been pro￿ded tl Ihe lollowlng ralgs In ordgr lo wrSie otf the ass818 io Ih$lranlldpaled re4dual valu& o¥érlhdrest1tnaled useful lives. Lfjase￿￿ premises Plant arwJ machlnery Fixtures. filb"ng$ 8nd equipment Sir8lghl lin8 over I￿$ of ￿a￿e Stralghl Iln8 over3 years 20 % st￿￿h1 Ine cha￿￿e ofpdky In year ended 31 August 2023. Th& rWrei￿e￿* for items to have o r8381¢ value ol O￿r£1,000WA8 removed. Debtors Debtors are me88ured atlheir recov8rablè 8mounts al the balancg sheel d418. Credllors xnd pruvl3lons Credllots ar8 rne£Eured 81 Ihak payBbl& gmovnis al the bBlan¢e sh86t date. FlrJ•ncl&l Instrumènt8 In¢ludlng cash and bank balances Cash he￿ by1￿ charity is Includtsd al the amount ¥dually hdd and CO￿*e￿ atlheyearand. Bank balantss. W￿th$r In credll oroverdrawn. are shown al the am(Junlg properfy recundl8d Io the bank si8t6mgnts. LeBslng athd hlre purch88¢ Contracts and commltmentS Rentals paid under optrdling leases Èrv tharged lo In¢we on a 51raight lina b8s1s ovèrihe lease lann. Penslans- dpflngd conlrlbutltso schgmes The charltyopero105 a defined ¢onlribulion pens￿ ¥¢heme. ConiribLrtions ar& th8iged lo the profil and loss accounl 88 Ihey becomg payable In 3￿rdanCe wllh Ihe rul$s of Ihè scheme. Fu￿d Aoeouniiny iJnre8lrl¢i8d lunds ara aval￿￿6 foruse 8tthe dt8uetion of the Iruslees In furth8rance of the generalo¥e¢lSv88 of the charity. Da&￿That0d tts￿5 ar9 unre5th¢ted lundE earm£iked by tha TrtJs19esfor paffj¢Lrtarpuipo599. Redrfcted fijnds are s￿)leCted lo ra&lricllonson Ihèlrexpendliur& ￿￿P￿S￿ bylh$ dorK)rorlhrough tha lfjrm8 ol an app881 ora8 Implled by law. Th￿8 are n¢ ondowmenlfunds. 2 Llablllty to iax*iio The Trusieos con81derthal the ¢h8rity581isfies the 18stÈ Sél out in Pgragrath 1 SchedL¢e 6 of the Finance Act 2010 for UK CA)iporahon 18x purpu¥vs. AC(J)rdin￿y, the Ch8rlly is pol8nliallyexompl frotp) Iaxall￿ in resP8cI of Income. ttrcapilal galns [S￿￿ed &￿thIn catego[￿S rA)ve￿d by Ctr￿pler 3 part 11 of the Corwalion Acl 2010 or Sgdion 258 of lh& r8xallon of Chargeable Galn$ A¢1 1992, to the exteni that such income or gains ar8 applied exduslvely on the specific tharfl$b￿ ￿￿￿ClS of Ihe char￿Y and for no o111￿ pulp0￿. Vabe Add￿ Tax Is not re¢ovÈrablg by the char#y. and erefore Included In Ihe relevanlcosts In IhÉ Slalemenl of Flnantial AcIlvil￿s. 3 Wlndlng up ordlssolutloty olthe charlly If uppn winding up or dissoluVL￿ ol the th8rily there remaln any assats, afterthe salisfa¢iion of all d8bt8 and l￿bI¥ll8$, Ihe assels rapresentsd by Ihe accuMul8led fu￿ sh811 be tr8nslerrod to some other ¢harilable body or having rriiP8r o¥&cts Its th& chgrlly. 4 Slgniflcancg olflnan¢lal Instruments to thè GhaTSly's poslllon Th8re are no mauers of ￿gnIf￿anCe ￿31 r4ui1g rewrtlw In r8sptsct of (he Itn£nelal Inst￿[￿ents, 18 Tbq Gulld for Lweltsng Lo/rning Llmltw Not98 tts Ihe Accounts for tho y*arendgd 31 Augugt 2023 S Net surplug before tax theffirtsancial y￿r 2Q23 2022 Tho n¢1 surplus before the finatKlal Is staled aftortharolTrg'.- Depreclatl(￿ of owned fixed ass8ts Pgn9ion costs 12,227 3.205 8,746 2,947 6 Staff ¢eAis and emolum•nts Salary co$ls 2Q23 2022 Gross SalaD8$ exejuding trus10È9 and key managern¢nt personnel Empbyofs Na￿O￿al Insuran¢e for811 staff Empbyarfs opdr2tlng .'. 2Q23 To1(f￿rnI Vnrestrf￿I*d Revenue Funds ITr 8¢corOance wilh Ihe aeovunllng pdl¢y'A¢countirKJ forcapital gr8nls and fixed asselfunds,. Tollfroml Deslgnaled Revenue Funds Tollfroml Restricted Rovenue FU￿j5 89,875 Igo,0001 325 Nel tra*sfer$ Tran$ferfroM Unro4rfcled Revents6 Fund toyouth Mental Health Fiisl Ald Fund Is Gorrecling a ml88llocation from 31 August 2022. The L8nd & Fund w8s r8du¢ed by£90,000. 18 The Pur￿￿8¢9 for whlch th• lunds as d&tallÈd In note 15 arp héld by the a¥é.'. Unr*slrtcled dtslgkJaledfun(ts.'. LIMle*￿ed R8vgnue Fund8 TheEe funds ale heW forlh8 m8gllng objectives of the ¢hBdty, lo mV￿e reservès forluluie acfmlles. and sublaclto charlly legl312tion, arè frée from 811 r8sknrtionts on Ihelr use. The trLt8teÈs have d8gign￿ed th188 funds. Deslgnaled R$￿ve Funds & Bu11dlngs Fund. Funds dè*9n8led lorlh6 w0vi￿on of18rnd 8nd Idlngs lo engble th$ fuiure operation ol Ihe cher#y. Th8 lynd was redUl￿d by£90,0(KTr in tho ye)r8nd the b￿aNCe the fund at 31 Augu$l 2023 was £2fJO.00012022 £340,0(101. siraiegl¢ Rese￿e. Funds desl9nal4d 10 Élsslsl the GUI￿ lo be Nn down and up in an ordefly and responslblg fashbn In the event DI Ih gu1￿ b81ng financialty unabl8 lo ¢onUnue. Iherc wtss no n￿ve￿onI In thls fund durin9 Ihe ￿arand the balarte 8131 Au9USt 2023v408 t80,(K)O 12022 £80.0￿1. Rep*li Fund. Funds de8tqnaled formalorbulldlag repglrs. Therg Wag no movement ID Ilils fund during Ihp y&ar and th8 bal*¢& at31 Aug￿81 2023 was £50.00012022 t50,000 Rèslrlcled lunds... ResldenU81 Cour808 DoTration of£13,707 rec￿￿18￿ from The Lamb ¢3ulld ofHdlyRoyde on th8ir ¢8ssalon for the provislon of re¥idenllal cours8s. ¥eceNed towards Uie provision of commun818raa and eoulpmenl forlhg Community Cafe. GFanl of£31,908 re(*lv8d Ifom Cheshire EB61 cO￿d Recovery Fund iowards th8 coslg of 2 full lime cafe traSn&rand sup8tvigorfty 18 months frotn Gafe openlng. Rt$trltied donation of £750 IowBrds the pur(*ase oflaw8flgry equlpm8nl. Café Space 8nd Equipmenl Fund Cafo S49ry Fund Jewelkry Equlpmenl Fund Book¢Jse Pl&que Fund Resiric18rl donab.¢￿ of £1,(WXI ltswatds the Irssl￿la1VJn of 8 bookcas& plaque. Rèsliitt$d gr8DI of £2,W3 for wowsk)n ofyoulh menlal heal￿ flrst gid cours9S. Youlh Manlal Heal￿ First Ald VCSFE Reslriated granl of£3,000 towards ihe ol VCSFE L&ad. 23 The Gulld far Llf6long Learnlnu LI￿119￿ Notes tts the Accounts for th& yfjarondad 31 Augu$12023 fg Llltlmat8 ¢ontrolllng party The charity is ihe control of Is lègal mernbers. The GUI￿ forLlfelong Le8rniw Is 8 eompawlimiled by guwaniee 8nd accord1ny￿ do£8 not hav8 shara cawlal. The ddre5s of r¢glstered otnce Is 1 Street. WIITnElow, Cheshlre. SK9 SHD. E￿ry memb9rol eampany undert8kes 10 con1ri￿le 4muntaB Maybe req￿Ired notexceÈding £110 th a$sels of Ihe Ch￿ritabl9 companyln ovenl of Ils beingw￿ll￿ up whlle ho Dr she Is a Member. tsrwlhin ofj$ y8ar after he orsho ceasgs lo be a member. 24 The Gulld for Llfelong Learnlng Llmitèd Datalled analysls of Incomtr and expendlturè for the ￿ar fynded 31 August 2023 as requlred by th• SORP rhls analysis ts ¢14ssiftsd by ¢onventlon81 nomlnal descrlptlons and nol by activify. 20 Donzllon$, Grants and Legacie8 Curront year Current year Current year Prforyear Unréstilcted Restrfcled Total Fund$ Total FundB Funds Funds 2023 2023 2023 2022 Donatlons and olfts from Indlvldtsals Small don81ions indlvldually leys than £1000 Donatsons ththvidually more £1,000 Total donatlons and glfts from Indivlduals A4 prior yèar donallons were unreslrlct$d 1.909 750 1.000 1,750 2.659 1,000 1,190 Current year Curr8nt year Curr&nt year P¥lorYear UnrestrlGted Rostrlcted Total Funds Total Funds Funds Funds 2023 2023 2023 2022 grant$ and donati¢ns from non publlc bodles Sm811 grariis indlvidually less than £lOOO Wllmsbw I'own c￿n011 Cheshlfe East Ctsuncll Garf18￿ Wcslon Foundallon Nalbnal Lo116ryCommunlly Fund Choshire Egst C4)vld Recovèry Fund VCSFE 325 2,000 1.395 15.000 lo,￿0 31,W8 3,OQO 2.053 4,000 6,a53 2,053 Waim Placès Total prlvate sector revenue grants 1,000 1,000 60,628 Rèv6nu8 grahts and donatlon$ from non publlc bodlets Ilnclude Glft Ald donatlons from subsldlarfesl Year analysls Prlor Ptioryear PTlarY6ar Unrestrlcted R6stricled Funds Fuiids 2022 2022 Prlo¥ Year Total Funds 2022 PritsrY&ar 325 60.303 Currgnt year Currtrnt year Curient year Prlor Yoar Unrèstrl¢t8d Restrl¢ted Totsl Fund5 Total Fund¥ Fund$ Funds 2023 2023 2023 2022 Membership subs¢Ylption8 88 donatlons AII WLW yèar membership subscriptiofts a8 donalEon5 ￿r8 unreslibled 46 25 The Gulld for Llfelong Lèamlng Ltfflltgd Detall8d analyslg of Incorne 2nd Fxpendltura forthe year onded 31 Augy812023 as requlrèd by fhe SORP Total Donations, Gr8llt8 and Lega¢lo¥ Unrèstrlcfad RestrfGted Funds Funds Current YeaTTot81 Funds 2¢J23 Gu￿￿1year Prloryear Total Funds 2022 2023 2022 TDtal DonatlonE, Grants and L6gacles A1 2,905 fj,B03 9,712 61,864 Prlory8ar Uhrestrl¢t8d Restrlcted Funds Funds 022 2022 Piior Year Total FLJnd5 2022 Total Donatlons, Grant8 and Leoaclès Al 1,S61 60,303 61,864 21 Income from chartiable a¢tlvllles- Tradlnu Acllvltl85 CuFr8nty88r CuvY6nt year ¢urrent yèar Curr6nt year Prforyèar U￿restrIcted Restricted Total Funds To141 fund8 Funds Fund8 2023 2023 2023 2022 prtmary purposo and anclllary tradlng Classes & Courses Clvbs & Socielles Café Total Prlmary purpose 8nd anclllary tradlng 435,407 21,411 34.499 435.407 21.471 34,499 340,851 17,701 11.287 491,377 491.2TT 369,839 22 Total In¥ome from charltablo activlties Current y&ar Curronf year Curr&nt year Uvrestrld8d Restrlcted Total Funds Funds Funds 2023 2Q23 Prfor Yèar Curr6ntyear Total Funds 2023 2022 Total In￿ma Irom charitab58 trodlno 491.377 491,377 369,839 Total from charltsble actlwrties All prlor year income was wreslrlded 491,377 491,377 369,839 23 Income frorn other, non cha¥ltabJe. tradlng actlvltie5 Currènt y&ar Cufrent year Current y88r Prfor Y£ar UnrÈstri¢l8d Restrict&d Total Funds Total Fundg Funds Funds 2Q23 2023 2023 2022 Sundry sales and sponsorsh4) Incomè from16lllng and licenslng of prop8rty for non charitable purposes 6Th) 600 1,058 1,535 1,535 150 Total from other actlvltles All ￿or year Income unreslricled 2,135 1208 26 The Gulld for Llfelong Learnlng Llmlted DetallÉd 8naly8I9 of Incomè ond 8xpenditUTe forthts year endèd 31 August 2023 as requlr•d by the SORP 24 Investment Incom Cv¥rertt yèar Cur¥•nt year Curr6nt year Prlor Yéar Unrestrl¢t*d Restrlcled Total Total Fund8 F￿ndS Funds 2023 2023 2023 2D22 arth Interest 3.208 3,208 893 Total Investment Income All prK)r yÈar kncome was unresidctèd 3.208 3,208 893 25 Other in¢om& and galns Current year Current ytrar Current year Prioryoar Unrèstrlct8d Resttlcted Total Funds Total Funds Funds Funds 2023 2023 Curr8nty8ar 2023 2022 Galn on dlsposal of gss818 Othar incorn& 633 1.713 633 1,713 Total other In¢ome 26 Exp8ndllure on charttable eGtlvltle5- Charltable tradlng Current year Current ￿¥r Current year Prloryoar Unrestricted Rostrlct9d Total Funds Total Fund$ Funds Funds 2D23 2023 Currgnt Year 2023 2022 Course8 costs Groups, Clubs & SoGi8lies costs ProspèctU8 & Websi18 Markeling gnd advartisin9 Gra88 wage.E and salarl8s- charitabla tradln9 act1￿1195 Empk>y6rs' Ml- charitable Iradlng adivikn8s Defjngd tonldbuuon penslrf￿ costs - charit8bl8 ￿dIng activities Café slock 118.839 28,226 1,895 8.664 231.892 717 119.556 28,226 1,895 8,664 259,415 11,495 113.541 41,417 6.458 3,034 209.447 9.304 27,522 360 235 3,205 2,947 2,970 12,177 12,177 5,292 Total ¢harltabl8 trading c08ts 2b 415,758 444 633 391440 Prlor Year Prlor Year Prioryear UnrEStrl¢tod Restricted Total Fund& Funds Funds 2022 2022 Prior Y￿1 2022 c(Al￿68 costs Groups, Clubs & Societ￿5 costs Prospectus & Webslle Marketlng and advertlsing Gross wdg88 and $alaries- charitsbls IradlThJ activities EMploy8rs' Nl- charitable tradlng aclrwities Defined corEtribulion p•nsion costs ch3ri1abtO trading adviti8S C81é sloGk 107,291 41,417 6,458 3,034 113,541 41,417 6,458 3,034 209,447 208.2e4 1.183 9,304 2.942 2,947 5,292 5.292 Total charltable tradlng costs B2b 384 002 391.440 27 The GuSld for Llfelong Learnlnu Llmitèd Detall6d analysis of Income oxptrndilure forth8 yeaT endad 31 August 2023 as requlred by the SORP 27 Support costs forchÈvitsble actlvltlès Cur¥ent year cUr￿￿t ygar Current yèar PrlorY68r Unre¥lricted R88tricted Total Funds Tolal Funds Funds Funds 2023 c￿￿ent Y￿r 2023 2023 2022 Employ8e costs nol lJJ¢luded fn dlrnGt costs Tralnlng Trav81 and sub8klence Refjrultmenl expenses Staff Bewfits DBS ¢￿tk& Pr8mlses Expenses RÈnt payable undtrr operallng ￿88*s Rates and watei Gharge5 Llghl heal and power Premi80s rÈp3irs. renew81s and mainlenanc Administratlve overheads Poslagè & lelepli(Jne SlalK)nery and prinllno Software licsnces and expenses Insurdnce Cleaning & surxlrks Café prqecl HMRC Interest 53 Prolésslonal fÈe$ pald to advlsors utherthan the 4udllor orexamlner Legal fÈes 787 FlnaMc131cos(s Bank charges Depi8claUon & Amortlsal¥Jn IR total for the pe￿rf 3,007 318 200 476 326 1,438 4,445 318 200 476 326 719 238 430 476 367 80 4,192 14,115 4,114 80 3.8fj0 11,501 4,192 14.115 4.114 7.094 2,198 3,D97 155 7,020 2,427 2,198 3,037 2,230 3,155 404 6,127 1,696 9,839 29 7,020 2,427 3,267 53 8,267 187 662 11,151 12,227 9,467 8,746 12,227 Support costs bofore reallocatlon 65,283 4,705 69.988 67,080 Ttstal support Costs . Current Yea¥ 65.283 69.988 67.080 The basls olallotallon of costs belween a￿￿tieS is descrlb8d undaraccounllw poRdès 28 The Guild for Llfelang Loarnlng Llmlted Dotalled analysls of income and expendltuw fo¥ the year ended 31 Au9U¥t 2D23 as requlrad by the SORP P￿orY88r Prior Year Prlor Year Unrestrl¢ied FléStri¢tad Funds Funds 2022 2022 Prlor Year Total Funds 2022 Employee costs notlncluded in dlr8¢1 costs Training Travel 8nd sU￿ls18r￿ R8crullment expenses staff Bentrlils DBS ched¢s Preml$os EKpenses Rent Pdy8ble und8rop8rallng leases R31èS and water charges Liqhl hegt 2nd pmr Premises repalrs, rsnewals and m81nlen8nce Admlnlstrative overheads Posiagt & lelephone Stslionory3nd prlnling Sothwar8 licences dnd 6xpen8es Insurance Cleanlng & 8undr16S Caté prolètl HMRC Inleiest Profosslonalfeespald lo advlsors ofhèy Legal fees Flnan¢131 costs ank ¢har9es DepreG&allon & Amortlsalbp ID Iotsi for the peitod 7t9 238 430 476 367 719 238 430 476 367 8Q 3,810 11.501 3,810 11,501 7.094 7.094 2,230 3,155 404 6.137 1.696 2,230 3.155 404 6,137 1,696 9,839 29 9,839 29 662 662 9,467 8,746 9,467 8,746 Support ¢osls befora r6allo¢alion 57,241 9,839 67,080 rotdl support CO8t$. Prloryear 67,080 The ba51s of alloogllon of Costs baMe8n aciivlVe51s desthbed under attouniing pollcles 28 Othèr EXpe￿dI1Ure- Govamance co8ts Current year Current year Current yaar Prlor Year UnreBtvl¢tod Restricted Total Funds Total Funds Funds Fund8 2023 Curr8nl Year 2023 2023 2022 Independent Ex8Fniné¢s 186$ 2.592 2,592 2,592 Total Governance costs All prloryear expendllure unrestrictéd 2,592 29 The Gulld for Llfelong Learnlng Umited Detall8d analy51s of Incomo and èxpendllur• lor the yaar Ènded 31 Auuusl 2023 as requlr8d by the SORP 29 Total Charltablè expendltura Cur¥ent year Cuvrent year Current year Prlor Yèar Unrestrlcted Re6trl¢ted Total Funds Total Fund& Funds Funds 2023 Current Yettr 2023 2023 2022 Total ch&rllab18 bxdlng costs Total 8UPPOrt tosls Totsl Govern8n￿ costs B2b B2d 826 415.798 65,283 2,592 28,835 4.705 444.633 69.988 2.592 991.440 67,080 2.S92 Total charttabl8 èxpendlture B2 483.673 33,540 517.213 461,112 PTiorYear Prlor Year Prlor Yèar Unrestricted Rostrltted Total Funds Funds Funds 2022 2022 Pklor YÈ8r 2022 Total chBrltsble trsding tosts Total support CO818 Total GovemBnce costs B2b B2d B2e 384,002 57,241 2.592 7,438 9.839 391,440 67,08 2,592 Total chorit3ble ex￿ndItUre B2 443,835 17,277 461,If2 30 Expa￿dItUre on ial8lt)g funds ond ¢osts of InvoStment manayemenf Curront yèar Current y6ar Current year Prforyear Unr£strlcted Re5trided Total Funds Total Funds Fund8 Funds 2023 Cu*Y•ni Yèar 2023 2023 2022 Fundraising eNp8nses 664 664 620 Tolal lundraislng costs B1 684 664 620 I thé 8xp8nditwe in th6 prloFyearwas unrestric18d. 3Ql Thè Gulld for Llfelong LqoTtblno Llmlted Actlvlly Hnolysls irf Income and &¥pertdlturtr for the forth8 year ended 31 August 2023 Thls analy8As 18 c1asslflédbya6f￿ity and not by¢onv¢trJtJonal nomlnaldescriptAons. 31 Analys15 of Income by 8Ctlvlty SOFA ref 2023 2022 Actlwlty Income from charlt8blg aÉtivlt56S AduEt education 491,377 369.839 SumFnaryof Totsl In¢ome, Includlng th& Jlems above Charftabl8 actwili8s Olher aG￿VIl Donatlons & Legad8S Invastmenl incom oth6r Ir*cxJme 49fj,377 2.135 9,712 3.208 2.348 369.839 1,208 61.864 893 A3 A1 Total Income as Shown In the SOFA 508.778 433,804 Cale9orlè8 of Income Income from 8xd)ange transactiolls 508,778 433,804 32 AnaSy818 of ¢h8rltablè Éxpèndlture by a¢tlvlty Attlvity Dlrect Costs Support costs Grant funding of actlvStl8s 2023 Total Tot41 2023 2023 2028 2022 Adult educa(Fon charitab￿ Irading costs Employee costs not incJud8d IrE dlrecl co Pr&mis8s 6Xpe.n￿S Adminislraliva ovérhèads Professknnal f888 FInar￿￿1 ¢0$18 444.633 444633 5,765 22,501 18,157 187 23,378 391.440 2,230 22,485 23,490 662 18.213 5,765 22.501 18,157 187 23,378 Total Adult educatlon 444,633 69,98$ 514,621 458.520 Summary of chaTltable costs by actlvlty Dlrect COSts Support costs Grant fundlng of actlvlttes 2023 Total Tolal 2023 2023 2023 2022 To181 Adult educalio Total Gov8manc8 Costs as d8fral￿d in Note 28 444,633 e9,988 2,592 514.621 458,520 2,592 2,592 Total charltsble expendlture 517,213 461112 The basls of allocati(￿ of cosls between acllvll￿s Is descrlbad undeT accounung pollcies 31 Th6 Guild for Llfelong Leamlng limited Actlvlty 8naly$ls of In¢omo and èxpondltu¥é for the for th• yoarendfjd 31 August 2023 Analys16 of support dnd gov6man¢o costs by charltablo actlvltltrs Gov6rnance Flnanct Human Re50UlCeS Oth8T Overh&ads Total Actlvlty Adult Èducalr 2.592 23,378 5.765 40,845 72.580 33 Analysls of non charltablg expendlture by aetlvlty Actlvity Fundralslng acllvltles Fundraising Fundralslng actlvfj¢ltS 2023 2022 Dlrèct fundra151ng costs 620 Governance costs Governance costs Govemanc8 costs 2023 2022 OthBr ExpeDdltura- Govern8nCe to&ls as detalled h Noté 28 2,592 2.592 Totalnon charl¢able expendllur8 2023 2022 Totsl Costs ol Fundralslng acllvlll95 620 Total non charftablè ÈxpeTrdStur8 664 620 32