Charity Reglstration No. 1151874 Company Regl$tratlon No. 07832926 PERSONAL SUCCESS Trustees, Report and Flnancial Statements for the year ended 30 November 2024
Charity Reglstration No. 1151874 Company Reglstration No. 07832926 PERSONAL SUCCESS TRUSTEES. REPORT AND FINANCIAL ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2024 Contents Pago 1-6 Trustees. report Independent audltofs report Statement of finanaal actlvities Balanc8 sheet Not88 to the flnancial statements 10
Charfty Registratlon No. 1151874 Company Reglstration No. 07832926 PERSONAL SUCCESS Report of the Trustee5 for the year ended 30 N¢)vember 2024 The Trustees present their report and the flnancial statements for the year ended 30 November.2021. The flnancial statements have been prepared in accordance wlth the accountlng policles set out in Recommended Practlce, AccountSng and Reportlng by Charities" issued in March 2005. The Trustees who served during the year and up to the date of thls report are listed below. Le8al and admlnlstratlve Informatlon Charlty Name PERSONAL SUCCESS Charlty number 1151874 Offlce Address 15 Hlgh Park street Toxteth England L8 8DX Trustees Morufu Babatunde Bello Deqa Ahmed Muse Olakunle Fatal Adesina Omelebanln All Consultant CWC Consultants Servlces Clo High Park Street Toxteth England L8 8DX
Charity Registratlon No. 1151874 Company Registratlon No. 07832926 PERSONAL SUCCESS TRUSTEES, REPORT FOR THE YEAR ENDED 30 NOVEMBER 2023 STRUCTURE, GOVERNANCE AND MANAGEMENT Personal Success is a limited charitable company governed by its Memorandum and Articles of Association dated 26 November 2012. It is registered as a charity with the Charity Commlssion on 2 May 2013. The Charitys Board of Trustees are also its Directors who are el8Cted by Annual General Meetings of the members of the Charty, with casual vacancles being filled, as requlred by the Board of Trustees in accordance with the Articles of As50clation, The Board meets regularly throughout the year and attends to all strateglc and operational matters. RISK MANAGEMENT The Trustees have conducted a review of the major risks to lch the charity is exposed and where apOropriate, systems or procedures have been establlshed to mitigate the risks the charity faces. External risks to funding have led to the development of a strategic plan which will allow for the diversification of funding 8nd activities. Intemal controls risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are In place to ensure compliance with health and safety of staff. volunteers, service users and vlsitors to the premises. Standards are monltored both Internally and externslly to ensure consistent quality of delivery for all operational aspects of the charity. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charlty. OBJECTIVES AND ACTIVITIES The objects of the charltable company are as follows:. a) To advance the education of the publlc In the subject of mathematlcs. science and other subjects, through the provision of an afterschool for children and young people in Liverpool, to help build their knowledge, skills and confidence in order to increase educational attainment. b) To advance the education and training of those granted refugee status and their dependants in need thereof so as to advance them,in life and assist them to adapt within a new community. c) The relief of unemployment of those granted refugee status and those seeking asurn in the United Kingdom, and in particular Liverpobl, by the provislon of vocational and Skills training, advice and support.
Charity Reglstratlon No. 1151874 Company Registratlon No. 07832926 PERSONAL SUCCESS TRUSTEES. REPORT FOR THE YEAR ENDED 30 NOVEMBER 2024 (Cont'd) We have been running courses successfully for WEA for over 10 years: such as: 1 Employability 2 Cultural Cookery 3 Sewing 4 Community Interpretlng Courses L2 5 Lffe In the UK 6 Driving Theory Test 7 Mentoring course 8 Functional skills - Maths g English Language for professionals 10 IT 11 English as Second Language {ESOL) 12 Number Made Easy 13 Community Interpretlng Courses L1 14 Seeker to Citizenship Courses 15 Health and Sociological care L2 & L3 ( Highfleld Awarding body) 16 Safety At work L2 ( Highfield Awarding body) 17 Food safety L2 ( Highfield Awarding body) 18 Security Training (Highfield Awarding Body ) 19 Child Minder courses ASDAN Awarding Body Ascentis Awardlng Body Ascentis Awardlng Body Ascentls Awarding Body We have beneflted enormously through our partnership with WEA and JCP which we feel has been 'in win" relationship as we have enabled them to access students who were hard to reach for them but assessable for use. Impressively, over 900 people have completed WEAIJCP Courses, Blackburn House and Granby Trust Development courses with us in past years, and presently. we are over subscribed to the level that we .cannot accommodate the demand. Presenuy. over 80 students are on the wailing list of whiGh 30 of them were to register for ESOL. Another key strategic partner for Personal Success is John Moore Foundations and eduk8. Presently, we are now running accredited courses at NVQ level this includes Health and Social Care, Customer Service and Security Training courses. This has been another way to generate some funds. through delivering the training for them as their local partner for Merseyside area. The major challenge to Personal Success is shortage of funds to cary out our activities.
Charity Reglstration No. 1151874 Company Registratlon No. 07832926 PERSONAL sUCs Report for the year ended 30 November 2024 Statement of Trustees. Responsibilltles: The charity trustees are responsible for preparlng an annual report and flnanclal statements In accordancé wlth appllcable law and UK Accountln8 Standards. The law applicable to charltles In En8land and Wales requlres the charltytrustees to prepare flnanclal statements for each year whlch 8fve a true and falr vlew of the state of affairs of the charlty and of the Incomlng resources and appllcatlon of resources of the charlty for that perlod. In preparln8 the financlal 5tstements, the trustee5 are requlred for the year ended 30 November 2021 select suitsble accountlng pollcles and then apply them conslstentlyi observe the methods and prlnclp.les In the Charltle5 SORP; make judgements and estlmatÈs that are prudent. State whether appllcable accountSn8 Standards have been followed, subject to any materlal departures dlsclosed and explalned In the flnanclal ststements,. prepare the flnandal statements on the golng conrn bas15 unless It Is Inapproprlate to presume that the charlty wlll contlnue In buslne55 The tTU5tees are Tesponslble for keepln8 proper accountlng records that d15c105e wlth reasonable accijracy at any tlme the flnanclal posltlon of the charlty and to enable them to ensure that the financlal statements comply wlth the Charltle5 Act 1993, the Charlty IAccounts and Reports) Regulatlons 2008 and the provlslon of the trust deed. They are also responslble for safeguardlng the assets of the charlty and hence taklng reasonable steps for the preventlon and detectlon of fraud and other irre8ularltles. The trustees for the purposes of charlty law who served durln8 the year an(i up to the date of thls report are set OLrt on Pa8e l of the trustees report. Approved by the trustees anlslgned on its behalf by,.
Charlty Reglstratlon No. 1151874 Company Registratlon No. 07832926 PERSONAL SUCCESS Statèment of Hnancial Actlvltles for the year ended 30 November 2024 Unrestrlrted funds Restrfcted funds 2024 Total 2023 Total Notes Incomlni resources Incoming resources from generated funds: Voluntsry Income: Workers Educational Main Grant John Moores Foundatlon Llverpool VHA and VO Foyle Foundatlon Gaffleld Weston 3,705 18.8S6 io,( 5,CK)O 2,100 4,000 4,000 Others 2.184 T¢x•I Incomlni rewU•S IrKomlnB resources from charltsble a¢tlvltl*s 35,956 Resour5 expendttd Charitable actlvltles Depreclatlon Other expenses Governance costs Total resource5 expended 24,139 597 25,826 593 6,369 3(M) 33,088 15,336 Net IncomInotoInS re50urc•s before transfe Gross transfer5 between fund5 16,4471 2,868 Reconclllatlon of funds Total funds brought forward Adjustments 10,349 22,546 12,197 Total fvnds urrf•d fi)nY4rd 3,902 10.349
Charity Reglstration No. 1151874 Company Registratlon No. 07832926 PERSONAL SUCCE55 Independent Examiner's Report to the Trustees for the year ended 30 November 2024 I report on the account5 for the year ended 30 November 2024. Respertlve responslbllltles of trustees, members and examlner As the Charlty members you are responsible for the preparatlon of the account5.' you consider that the audlt requlrement of 5ectlon 43121 of the Charities Act 1993 Ithe Act) does not apply. It is my responsiblllty to state, on the basis of procedure5 specified In the General Dlrections 8lven by The Charlty Commlssloner5 under section 4317IIBI of the Act, whether particular matters have come to my attentlon. Basls of Independent examlner's report My examination was carrled out In accordance wlth the General Directions given by the Charity Commlssloner5. An exarnlnatlon Includes a review of the accountlng records kept by the charity and compar150n of the accounts presented with those record5. It also Includes conslderatlon of any unusual Items or disclosures in the accounts, and seeking explanations from you as trustees concernln8 any such matter5. The procedures undertaken do not provlde all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by.the ccounts. Independent examlner's statement In connectlon wlth my examlnatlon. no matter has corne to my attentlon: 111 whlch glves me reasonable cause to believe that In any materlal respect the requlrements to keep accounting records in accordance wlth section 41 of the Act,. and to prepare accounts whlch accord wlth the accounting record5 and to comply wlth the accounting requlrement5 of the Art have not been met; or 121 to which, in my oplnlon, attentlon should be drawn in order to enable a proper understandln8 of the account5 to be reached. Date; CWC Consultants Servlce5 Clo Hlgh Park street Toxteth En8laTrd L8 80X
Charity Reglstratlon No. 1151874 Company Reglstration No. 07832926 PERSONAL SUCCESS Balance Sheet as at 30 November 2024 2024 2023 Notes Flxed assets Tangible assets 2.777 3,358 Current assets Debtors Cash at bank and In hand 1.725 8,525 1,725 8,525 Credltors: •mouThts fallln due wlthln ¢)n* ye•r 16001 11,5341 6,991 Net current (Ilabllltlesllassets 1,125 6,991 TOTAL ASSETS LADS CURRENf LIA81LITIES 3,902 10,349 NEf ASSETS Income funds Brought forward Unrestrlcted funds.. Restrlcted funds 10,349 -6,447 22,546 -12,197 Totsl charlty funds 3,902 10,349 Approved by the trustee5 on ......................... and slgned on thelr behalf by: Morufv 8abatunde Bello Trustse
Charlty Reglstratlon No. 1151874 Company Reglstration No. 07832926 PERSONAL SUCCESS Notes to the financial statements for the year ended 30 November 2024 I. Acct>Jntln8 pelieies {a) Ba51s of preparatlon The financlal stotements have been prepared under the hlstorlc cost conventlon. The financlal statements have been prepared In accordance wlth the Statement of Recommended Practlce.. Accountlng and Reporting by Charltle5 ISORP 200511ssued in March 2005, and appllcable UK Accounting Standards and the Charitles Act 2011. The flnancial statement5 have been prepared on a 8olng concem bas15 that alsume5 that the char¥ wlll contlnue to recelve the support of its bankers, creditors and funders. The charlty Is aware of the deficlt incurred and is In the proces5 of addresslng this includlng actlons to secure more fundlng and Implement efflclency strategles. Ib) Funds Structure Unrestrlcted Income funds cdmprlse those funds whlch the trustees are free to use for any purpose In furtherance of the charitable objects. Unrestrlcted fund5 Include all funds that the trustees use at their dlscretlon, and have set aside resources for a speclflc purpose. 1¢) Incomlng resources All Ineomlng resources are Included In the statement of financlal actlvltles when the charlty Is entltled to the Income and the amount can be quantlfled wlth reasonable accuracy. The tollowln8 speclflc pollcles are applled to partlcular cateBorles of Income.. Voluntary Income is recelved by way of grants, donatlons and 8ifts and 15 Included In full In the statement of flnanclal artlvltle5 when receivable. Grants where entltlement Is not condltlonal on the dellvery of a 5peciflc performance by the charlty, are recognlsed when the charity become5 unconditlonally entitled to the grant. Donated servlce5 and facllitles are Included at the value to the charity where thls can be quantlfled. The value of 5ervlces provlded by volunteer5 has not been Included. Grant5, Includln8 grants for the purchase of fixed assets, are recognlsed In full in the statement of financlal 4Ctlvltles In the year In whlch they are recelvable. Id IResources expended Expendlture Is recognlsed on an artual ba51s as a Ilablllty Is Incurred. Expenditure Includes any VAT whlch cannot fully recovered, and Is reported as part of the expendlture to whlch It relate5. le ) Charltable actlvltles Charftsble expenditure comprises those costs Incurred by the charlty in the dellvery of Its actlvltles and servlces for its beneficlarles. It includes both costs that can be allocated dSrectly to such actlvltles and those costs of an Indirect nature necessary to support them. (fl Tanglble flxed assets and depreclatlon Tanglble flxed assets other than freehold land are stated at cost or valuatlon less depreclation. Depreciatlon Is prDvided at rates calculated to write off the c05t or valuatlon les5 estlmated resldual value of each asset over Its expected useful life, as follows.. Computer Equlpment FIKtures, fitting5 & Equlpment Igl Taxation 15% stral8ht Ilne ba$15 IO% straight Ilne ba515 The charity beneflts from vorlous exemption5 from taxation afforded by tax legislation and is not liable to corporatlon tsx on income or gain5 falling wlthin those exemption5.
Charity Reglstration No. 1151874 Company Reglstration No. 07832926 PERSONAL SUCCESS Notes to the Financlal Statements For the year ended 30 November 2023 5. Trustees None of the trustees (or any persons connected wlth them) recelved any remuneratlon during the year and none of them was reimbursed expenses. 5. Tangible flxed assets Flxtures. Fittings & Equlpment Computer Equlpment TOTAL Cost At l December 2023 7,046 274 4,lYIO At 30 November 2024 7,046 274 4,040 Depreciation At l December 2023 Charge for the period 4,304 595 245 3,371 597 At 30 November 2024 4,899 247 3,968 Net Book Values At 30 November 2024 2.147 27 At 30 November 2022 3,916 33 3,949 6. Credltors: Amount5 falllng due withln one year 2023 2022 Accruals Paye/NI 300 1,234 300 1,534 150
Company Registratlon No. 07832926 Charity Reglstratlon No. 11 $1874 PERSONAL SUCCESS DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 NOVEMBER 2023 (This page does not form part of the statutory finanaal statements) 3011112023 3011112022 INCOME Unrestrlcted Restricted funds funds TOTAL Incomln8 Resources from Generated Funds Workers Educatlonal Income Communlty Foundatlon Torus Foundatlon National Herltage Income John Moores Foundation Womens Liverpool Cha and VO Main Grant 9,660 . 7,280 6,964 2466 9,680 5,000 480 5,000 2,100 10,000 COST OF SALES Trustees Remuneratlon Hlghfleld Award Research and development costs Staff & Volunteer Expenses 31,870 3,243 1,061 1,126 6,664 12,094 -12,094 19.776 26,760 EXPENDITURE Admlnlstrartlve expenses Recrultment costs Staff tralnlng Volunteer Wages Travel expenses Rent Computer software, consumables Insurance Freelance Companles- Dlngle Multl-A8ency Printingi Postage and statlonery ICT repalrs Insurance, Telecommunlcatins and data costs Exhibition Accountancy fees Consultanc¥ fees Bank charges Depreclation of fixtures and fittings Depreclatlon of computer equlpment Sundry expenses -20,681 690 2,545 250 25,826 835 745 5,069 1,744 909 800 300 109 -12,094 iioo Other Operating Income LCV5 -12.999 40,922
Another important challenge is to maintain our strategic relationship with WEA which has been vitally important. There are indications that this could be at risk due to external funding constraints from WEA. It is urgent that Personal Success explores avenues to find continuing support for this provision. This has been successful so far as we are now in psrtnership with life college in Birmingham and a local organisation Blackburn House and which relations have been productive. The impact of Covid-19 on our services is huge. this includes the reason for relocation , which created a reduction in student intake. In addition, this has had an impact on funding. Covid-19 also enabled us to adopt online training to our service and hence which has led to a better environment for our students. Plans for Futuro Periods Looking ahead, the priorities for 2024-2025 are to raise enough funds in order to meet our immediate demand. We will encourage more local people to come forward to join Personal Success and together we will achieve our aim and aspiration by making education, training and employability support open and accessible to all. We are now registered with awarding bodies. They are Highfield Awarding Body for Compliance, ASDAN and Ascentis awarding body. We are now running other courses like Food and Safety, Security Training, Health and social care and Teaching and Learning up to Level 3 wlll be now. included In our courses. The coming year we intend to set up Agency wing of our service, such that most of our students will be employed by us and sent out employers in the areas like health sectors and cleanlng operatlves. This wlll enable us to be more sustainable and avoiding total dependent of funding. As will are struggling to raise funding, Executive Direct will now be sent for training in Management skills and bid wriling. In 2021 we have beginning to raise more fund unlike past years, will hope to raise up to £100000, and will also planning to look into social funding for our future projects FINANCIAL REVIEW Incomlng resources for the year £21,017 compared to {2020.. £43,487), This reduction was due to the Impact of COVID-1g which had a significant Impact on the organisatlon. However the expenditure for the year was £19,288 . (2020.. £41,432) At 30 November 2021, the Charity's reserves stood at net surplus of £ 1729 (2020., £1,955), the Net Assets £ 11.680 (2020.. £8,946) The Trustees are aware of the current financial position of Personal Success. They will be continuing with fundraising 2nd seeking new contractslgrants, as applicable. in order to mitigate risk. RESERVES POLICY The Trustees asplre to having free reserves at a level that would cover 3 months running costs.
Charlty Registration No. 1151874 Company Registration No. 07832926 REPLACED BY NEW REPORT PERSONAL SUCCESS TRUSTEES, REPORT FOR THE YEAR ENDED 30 NOVEMBER 2024 (Cont'd) Publlc Bèneflt Statement In consldering the objectives and activities, the Trustees have considered the Charity Commission's guidance on Public Benefit to ensure that the organisation is meeting its Public Benefit requirements. ACHIEVEMENTS AND PERFORMANCE It has been an exciting year for Personal Success. We have been growing from strength to strength since our establishment in 2011. The Board of Trustees has been working tirelessly to ensure that we deliver and sustsin our collective aim and objectives to advanced education for local people in Liverpool, especially the most deprived. From 2011-2023 we have supported over one thousand people in their educational attainment and achievements. For the National curriculum subjects: Mathematics, English Language, Physics, Chemistry and Biology, all of our students achieved one or more levels higher than predicted in their actual grades. In respect of this, in addition to the singular intervention and contribution of Personal Success we acknowledge mainstream schools have a part to play in this improvement. The parents and carers have provided positive feedback about Personal Success, contribution to their children's educatlon in the recent years. Students also commented positively about the impact of Personal Success and this has been captured through interviews and questionnaires to find out, how our activities are impacting on students, educational attainment. Our recent GCSES. result spoke for itself. About 42 students that access our provision achieved some level of education Improvement based on their ability. This success would not have been achieved without the support of our Funders such as, Workers Educational Organisation. LCVS and partners. Award for all lottery.. Also Parents, contributions, stakeholder support, volunteers and non-Teaching staff who support our values and aspirations. We gratefully acknowledge all of their contributions. In the area of Adult education, especially in the area of employability, we entered into it as a relative. Newcomer. However, we are now recognised as one of the outstanding centres that provide skills for. Jobs in South Liverpool. We are unique in our provision as individuals from over 23 nationalities accessed our services in 2015-2021. This would not have been possible without the support of our partners especially WEA, LCVS, Torus Foundations and ESF.
Charlty Reglstratlon No. 1151874 Company Règistration No. 07832920 PERSONAL SUCCESS Notes to the finandal statements for the year ended 30 November 2023 2. Funds Unrestricted Restrlcted funds funds Total 2023 Totsl 2022 Voluntary Income: Maln Grant- Lottery monles John mo05 Foundation Other income 10,000 5,000 10,000 5,000 9,660 Grants: LCVS Llverpool CC Bank interest Directors loans 2,100 2.100 2,850 2,850 3. Bank Interest 4. IncomSn8 Resources from Charltsble Aetlvltles Unrestrlct•d Restrlded fvnds funds Tthal Total Arti¥ltle5 undertaken dlrectly 2023 2022 2023 2022 Total resources expended D•preclJtlon Othgr costl Total Total Depreclatlon Governance cost5 & Attountsncy fees 240 300 280 300 $40 580 280 Governance costs Includes payments to the accountsncy fees of £300:12022: £1501
Charity Reglstration No. 1151874 Company Regl$tratlon No. 07832926 PERSONAL SUCCESS Trustees, Report and Flnancial Statements for the year ended 30 November 2024
Charity Reglstration No. 1151874 Company Reglstration No. 07832926 PERSONAL SUCCESS TRUSTEES. REPORT AND FINANCIAL ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2024 Contents Pago 1-6 Trustees. report Independent audltofs report Statement of finanaal actlvities Balanc8 sheet Not88 to the flnancial statements 10
Charfty Registratlon No. 1151874 Company Reglstration No. 07832926 PERSONAL SUCCESS Report of the Trustee5 for the year ended 30 N¢)vember 2024 The Trustees present their report and the flnancial statements for the year ended 30 November.2021. The flnancial statements have been prepared in accordance wlth the accountlng policles set out in Recommended Practlce, AccountSng and Reportlng by Charities" issued in March 2005. The Trustees who served during the year and up to the date of thls report are listed below. Le8al and admlnlstratlve Informatlon Charlty Name PERSONAL SUCCESS Charlty number 1151874 Offlce Address 15 Hlgh Park street Toxteth England L8 8DX Trustees Morufu Babatunde Bello Deqa Ahmed Muse Olakunle Fatal Adesina Omelebanln All Consultant CWC Consultants Servlces Clo High Park Street Toxteth England L8 8DX
Charity Registratlon No. 1151874 Company Registratlon No. 07832926 PERSONAL SUCCESS TRUSTEES, REPORT FOR THE YEAR ENDED 30 NOVEMBER 2023 STRUCTURE, GOVERNANCE AND MANAGEMENT Personal Success is a limited charitable company governed by its Memorandum and Articles of Association dated 26 November 2012. It is registered as a charity with the Charity Commlssion on 2 May 2013. The Charitys Board of Trustees are also its Directors who are el8Cted by Annual General Meetings of the members of the Charty, with casual vacancles being filled, as requlred by the Board of Trustees in accordance with the Articles of As50clation, The Board meets regularly throughout the year and attends to all strateglc and operational matters. RISK MANAGEMENT The Trustees have conducted a review of the major risks to lch the charity is exposed and where apOropriate, systems or procedures have been establlshed to mitigate the risks the charity faces. External risks to funding have led to the development of a strategic plan which will allow for the diversification of funding 8nd activities. Intemal controls risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are In place to ensure compliance with health and safety of staff. volunteers, service users and vlsitors to the premises. Standards are monltored both Internally and externslly to ensure consistent quality of delivery for all operational aspects of the charity. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charlty. OBJECTIVES AND ACTIVITIES The objects of the charltable company are as follows:. a) To advance the education of the publlc In the subject of mathematlcs. science and other subjects, through the provision of an afterschool for children and young people in Liverpool, to help build their knowledge, skills and confidence in order to increase educational attainment. b) To advance the education and training of those granted refugee status and their dependants in need thereof so as to advance them,in life and assist them to adapt within a new community. c) The relief of unemployment of those granted refugee status and those seeking asurn in the United Kingdom, and in particular Liverpobl, by the provislon of vocational and Skills training, advice and support.
Charity Reglstratlon No. 1151874 Company Registratlon No. 07832926 PERSONAL SUCCESS TRUSTEES. REPORT FOR THE YEAR ENDED 30 NOVEMBER 2024 (Cont'd) We have been running courses successfully for WEA for over 10 years: such as: 1 Employability 2 Cultural Cookery 3 Sewing 4 Community Interpretlng Courses L2 5 Lffe In the UK 6 Driving Theory Test 7 Mentoring course 8 Functional skills - Maths g English Language for professionals 10 IT 11 English as Second Language {ESOL) 12 Number Made Easy 13 Community Interpretlng Courses L1 14 Seeker to Citizenship Courses 15 Health and Sociological care L2 & L3 ( Highfleld Awarding body) 16 Safety At work L2 ( Highfield Awarding body) 17 Food safety L2 ( Highfield Awarding body) 18 Security Training (Highfield Awarding Body ) 19 Child Minder courses ASDAN Awarding Body Ascentis Awardlng Body Ascentis Awardlng Body Ascentls Awarding Body We have beneflted enormously through our partnership with WEA and JCP which we feel has been 'in win" relationship as we have enabled them to access students who were hard to reach for them but assessable for use. Impressively, over 900 people have completed WEAIJCP Courses, Blackburn House and Granby Trust Development courses with us in past years, and presently. we are over subscribed to the level that we .cannot accommodate the demand. Presenuy. over 80 students are on the wailing list of whiGh 30 of them were to register for ESOL. Another key strategic partner for Personal Success is John Moore Foundations and eduk8. Presently, we are now running accredited courses at NVQ level this includes Health and Social Care, Customer Service and Security Training courses. This has been another way to generate some funds. through delivering the training for them as their local partner for Merseyside area. The major challenge to Personal Success is shortage of funds to cary out our activities.
Charity Reglstration No. 1151874 Company Registratlon No. 07832926 PERSONAL sUCs Report for the year ended 30 November 2024 Statement of Trustees. Responsibilltles: The charity trustees are responsible for preparlng an annual report and flnanclal statements In accordancé wlth appllcable law and UK Accountln8 Standards. The law applicable to charltles In En8land and Wales requlres the charltytrustees to prepare flnanclal statements for each year whlch 8fve a true and falr vlew of the state of affairs of the charlty and of the Incomlng resources and appllcatlon of resources of the charlty for that perlod. In preparln8 the financlal 5tstements, the trustee5 are requlred for the year ended 30 November 2021 select suitsble accountlng pollcles and then apply them conslstentlyi observe the methods and prlnclp.les In the Charltle5 SORP; make judgements and estlmatÈs that are prudent. State whether appllcable accountSn8 Standards have been followed, subject to any materlal departures dlsclosed and explalned In the flnanclal ststements,. prepare the flnandal statements on the golng conrn bas15 unless It Is Inapproprlate to presume that the charlty wlll contlnue In buslne55 The tTU5tees are Tesponslble for keepln8 proper accountlng records that d15c105e wlth reasonable accijracy at any tlme the flnanclal posltlon of the charlty and to enable them to ensure that the financlal statements comply wlth the Charltle5 Act 1993, the Charlty IAccounts and Reports) Regulatlons 2008 and the provlslon of the trust deed. They are also responslble for safeguardlng the assets of the charlty and hence taklng reasonable steps for the preventlon and detectlon of fraud and other irre8ularltles. The trustees for the purposes of charlty law who served durln8 the year an(i up to the date of thls report are set OLrt on Pa8e l of the trustees report. Approved by the trustees anlslgned on its behalf by,.
Charlty Reglstratlon No. 1151874 Company Registratlon No. 07832926 PERSONAL SUCCESS Statèment of Hnancial Actlvltles for the year ended 30 November 2024 Unrestrlrted funds Restrfcted funds 2024 Total 2023 Total Notes Incomlni resources Incoming resources from generated funds: Voluntsry Income: Workers Educational Main Grant John Moores Foundatlon Llverpool VHA and VO Foyle Foundatlon Gaffleld Weston 3,705 18.8S6 io,( 5,CK)O 2,100 4,000 4,000 Others 2.184 T¢x•I Incomlni rewU•S IrKomlnB resources from charltsble a¢tlvltl*s 35,956 Resour5 expendttd Charitable actlvltles Depreclatlon Other expenses Governance costs Total resource5 expended 24,139 597 25,826 593 6,369 3(M) 33,088 15,336 Net IncomInotoInS re50urc•s before transfe Gross transfer5 between fund5 16,4471 2,868 Reconclllatlon of funds Total funds brought forward Adjustments 10,349 22,546 12,197 Total fvnds urrf•d fi)nY4rd 3,902 10.349
Charity Reglstration No. 1151874 Company Registratlon No. 07832926 PERSONAL SUCCE55 Independent Examiner's Report to the Trustees for the year ended 30 November 2024 I report on the account5 for the year ended 30 November 2024. Respertlve responslbllltles of trustees, members and examlner As the Charlty members you are responsible for the preparatlon of the account5.' you consider that the audlt requlrement of 5ectlon 43121 of the Charities Act 1993 Ithe Act) does not apply. It is my responsiblllty to state, on the basis of procedure5 specified In the General Dlrections 8lven by The Charlty Commlssloner5 under section 4317IIBI of the Act, whether particular matters have come to my attentlon. Basls of Independent examlner's report My examination was carrled out In accordance wlth the General Directions given by the Charity Commlssloner5. An exarnlnatlon Includes a review of the accountlng records kept by the charity and compar150n of the accounts presented with those record5. It also Includes conslderatlon of any unusual Items or disclosures in the accounts, and seeking explanations from you as trustees concernln8 any such matter5. The procedures undertaken do not provlde all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by.the ccounts. Independent examlner's statement In connectlon wlth my examlnatlon. no matter has corne to my attentlon: 111 whlch glves me reasonable cause to believe that In any materlal respect the requlrements to keep accounting records in accordance wlth section 41 of the Act,. and to prepare accounts whlch accord wlth the accounting record5 and to comply wlth the accounting requlrement5 of the Art have not been met; or 121 to which, in my oplnlon, attentlon should be drawn in order to enable a proper understandln8 of the account5 to be reached. Date; CWC Consultants Servlce5 Clo Hlgh Park street Toxteth En8laTrd L8 80X
Charity Reglstratlon No. 1151874 Company Reglstration No. 07832926 PERSONAL SUCCESS Balance Sheet as at 30 November 2024 2024 2023 Notes Flxed assets Tangible assets 2.777 3,358 Current assets Debtors Cash at bank and In hand 1.725 8,525 1,725 8,525 Credltors: •mouThts fallln due wlthln ¢)n* ye•r 16001 11,5341 6,991 Net current (Ilabllltlesllassets 1,125 6,991 TOTAL ASSETS LADS CURRENf LIA81LITIES 3,902 10,349 NEf ASSETS Income funds Brought forward Unrestrlcted funds.. Restrlcted funds 10,349 -6,447 22,546 -12,197 Totsl charlty funds 3,902 10,349 Approved by the trustee5 on ......................... and slgned on thelr behalf by: Morufv 8abatunde Bello Trustse
Charlty Reglstratlon No. 1151874 Company Reglstration No. 07832926 PERSONAL SUCCESS Notes to the financial statements for the year ended 30 November 2024 I. Acct>Jntln8 pelieies {a) Ba51s of preparatlon The financlal stotements have been prepared under the hlstorlc cost conventlon. The financlal statements have been prepared In accordance wlth the Statement of Recommended Practlce.. Accountlng and Reporting by Charltle5 ISORP 200511ssued in March 2005, and appllcable UK Accounting Standards and the Charitles Act 2011. The flnancial statement5 have been prepared on a 8olng concem bas15 that alsume5 that the char¥ wlll contlnue to recelve the support of its bankers, creditors and funders. The charlty Is aware of the deficlt incurred and is In the proces5 of addresslng this includlng actlons to secure more fundlng and Implement efflclency strategles. Ib) Funds Structure Unrestrlcted Income funds cdmprlse those funds whlch the trustees are free to use for any purpose In furtherance of the charitable objects. Unrestrlcted fund5 Include all funds that the trustees use at their dlscretlon, and have set aside resources for a speclflc purpose. 1¢) Incomlng resources All Ineomlng resources are Included In the statement of financlal actlvltles when the charlty Is entltled to the Income and the amount can be quantlfled wlth reasonable accuracy. The tollowln8 speclflc pollcles are applled to partlcular cateBorles of Income.. Voluntary Income is recelved by way of grants, donatlons and 8ifts and 15 Included In full In the statement of flnanclal artlvltle5 when receivable. Grants where entltlement Is not condltlonal on the dellvery of a 5peciflc performance by the charlty, are recognlsed when the charity become5 unconditlonally entitled to the grant. Donated servlce5 and facllitles are Included at the value to the charity where thls can be quantlfled. The value of 5ervlces provlded by volunteer5 has not been Included. Grant5, Includln8 grants for the purchase of fixed assets, are recognlsed In full in the statement of financlal 4Ctlvltles In the year In whlch they are recelvable. Id IResources expended Expendlture Is recognlsed on an artual ba51s as a Ilablllty Is Incurred. Expenditure Includes any VAT whlch cannot fully recovered, and Is reported as part of the expendlture to whlch It relate5. le ) Charltable actlvltles Charftsble expenditure comprises those costs Incurred by the charlty in the dellvery of Its actlvltles and servlces for its beneficlarles. It includes both costs that can be allocated dSrectly to such actlvltles and those costs of an Indirect nature necessary to support them. (fl Tanglble flxed assets and depreclatlon Tanglble flxed assets other than freehold land are stated at cost or valuatlon less depreclation. Depreciatlon Is prDvided at rates calculated to write off the c05t or valuatlon les5 estlmated resldual value of each asset over Its expected useful life, as follows.. Computer Equlpment FIKtures, fitting5 & Equlpment Igl Taxation 15% stral8ht Ilne ba$15 IO% straight Ilne ba515 The charity beneflts from vorlous exemption5 from taxation afforded by tax legislation and is not liable to corporatlon tsx on income or gain5 falling wlthin those exemption5.
Charity Reglstration No. 1151874 Company Reglstration No. 07832926 PERSONAL SUCCESS Notes to the Financlal Statements For the year ended 30 November 2023 5. Trustees None of the trustees (or any persons connected wlth them) recelved any remuneratlon during the year and none of them was reimbursed expenses. 5. Tangible flxed assets Flxtures. Fittings & Equlpment Computer Equlpment TOTAL Cost At l December 2023 7,046 274 4,lYIO At 30 November 2024 7,046 274 4,040 Depreciation At l December 2023 Charge for the period 4,304 595 245 3,371 597 At 30 November 2024 4,899 247 3,968 Net Book Values At 30 November 2024 2.147 27 At 30 November 2022 3,916 33 3,949 6. Credltors: Amount5 falllng due withln one year 2023 2022 Accruals Paye/NI 300 1,234 300 1,534 150
Company Registratlon No. 07832926 Charity Reglstratlon No. 11 $1874 PERSONAL SUCCESS DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 NOVEMBER 2023 (This page does not form part of the statutory finanaal statements) 3011112023 3011112022 INCOME Unrestrlcted Restricted funds funds TOTAL Incomln8 Resources from Generated Funds Workers Educatlonal Income Communlty Foundatlon Torus Foundatlon National Herltage Income John Moores Foundation Womens Liverpool Cha and VO Main Grant 9,660 . 7,280 6,964 2466 9,680 5,000 480 5,000 2,100 10,000 COST OF SALES Trustees Remuneratlon Hlghfleld Award Research and development costs Staff & Volunteer Expenses 31,870 3,243 1,061 1,126 6,664 12,094 -12,094 19.776 26,760 EXPENDITURE Admlnlstrartlve expenses Recrultment costs Staff tralnlng Volunteer Wages Travel expenses Rent Computer software, consumables Insurance Freelance Companles- Dlngle Multl-A8ency Printingi Postage and statlonery ICT repalrs Insurance, Telecommunlcatins and data costs Exhibition Accountancy fees Consultanc¥ fees Bank charges Depreclation of fixtures and fittings Depreclatlon of computer equlpment Sundry expenses -20,681 690 2,545 250 25,826 835 745 5,069 1,744 909 800 300 109 -12,094 iioo Other Operating Income LCV5 -12.999 40,922