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2023-03-31-accounts

Ongo Communities Limited

Report and Financial Statements Year Ended 31 March 2023

Company Number 08619739 (England and Wales) Charity Number 1156007

Ongo Communities Limited

Report and financial statements for the year ended 31 March 2023

Contents

Page:

2

Ongo Communities Limited

Directors, Trustees and Advisors for the year ended 31 March 2023

Directors and trustees

The directors of the charitable company (the charity) are its trustees for the purpose of charity law. The trustees serving during the year and since the year end were as follows:

H Lennon J Williams N Cresswell (resigned 1 November 2022) K Merta (appointed 14 October 2022) D Clegg (appointed 14 October 2022) K Locking (appointed 14 October 2022) H Phillips (appointed 14 October 2022)

Executive leadership team: Chief Executive S Hepworth Property Director P Stones Director of Resource and Commercial A Harrison Director of Corporate & Compliance Services J Sugden Director of Customer Services K Hornsby Secretary J Sugden Registered number: Company number 08619739 Charity registration number 1156007 Registered office: Ongo House, High Street, Scunthorpe, North Lincolnshire DN15 6AT Auditor: Crowe U.K. LLP 3[rd] Floor The Lexicon Mount Street Manchester M2 5NT Bankers: Barclays Bank plc One Snowhill Snowhill Queensway Birmingham B4 6GB Solicitors: Devonshires Solicitors Forbes Solicitors Knights Professional Services Park House Rutherford House The Lexicon Park Square 4 Wellington Street (St Johns) Munt Street Leeds Blackburn Manchester LS1 2PW BB1 8DD M2 5FA Bermans Trowers and Hamlins Wilkin Chapman LLP Exchange Station 55 Princess Street Cartergate House Titheburn Street Manchester 26 Chantry Lane Liverpool M2 4EW Grimsby L2 2QP DN31 2LJ Manchester M2 5FA

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Chair’s Statement for the year ended 31 March 2023

Ongo Communities Limited

Ongo Communities Limited has been providing opportunities for local people and communities for close to nine years. Part of the Ongo group, the Communities arm has done a substantial amount of positive work over the past year and the teams have achieved targets in areas including employment, training, work with young people, ex-offenders, lone parents and other groups maximising their opportunities and prospects.

The organisation receives funds from Ongo Homes Limited (OH) and external grants which enable it to continue the excellent work delivered in the community. The statement of financial activities shows a total of £532k of funding in the year from a number of funders in addition to the funding from OH. These enable an increasing range of projects and services to be delivered; including self-employment support and mental health support.

With a four year strategy in place, and focus on the theme “Create Opportunities” which is part of the group’s corporate plan, we have set challenging aims and objectives for the coming years. This includes a focus on those communities and neighbourhoods which are the most challenging and require our support to increase their skills, access new opportunities and improve the overall quality of life for those areas.

H Lennon Director Date: 7 September 2023

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Ongo Communities Limited

Report of the Trustees for the year ended 31 March 2023

The trustees are pleased to present their annual trustees’ report (incorporating the directors’ report under the Companies Act) together with the financial statements of the charity for the year ending 31 March 2023, which are also prepared to meet the requirements for a trustees’ report and accounts for Companies Act 2006 purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the memorandum and Articles of Association, and Accounting and Reporting by Charities: statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Our objectives and activities

The corporate structure of the Ongo group is clearly defined and the relationship between this Company, the parent and its other subsidiaries is set out in Intra-Group agreements which were considered and approved by each of their Boards.

The role of the charity, which is partly funded by Ongo Homes Limited (OH), is to deliver that company’s wider social objectives by co-ordinating community development activity and developing social enterprises. To assist with this objective Ongo Communities has two wholly owned subsidiaries: Ongo Recruitment Limited, which is a social enterprise employment agency supplying temporary and permanent staff, particularly for local people within disadvantaged communities in order that they may develop their skills and re-engage with the labour market and Crosby Brokerage Limited, a company that provides managed services for clients in receipt of a personal allowance.

Governing documents

Ongo Communities is a registered charity (Charity Number 1156007) governed by its Articles of Association dated 22[nd] July 2013. It is registered with the Charity Commission and is also a Company Limited by Guarantee (Company Number 08619739). At the year end the Charity was a subsidiary of Ongo Partnership Limited, the ultimate parent undertaking. From 1 April 2023 the ultimate parent company became Ongo Homes Limited.

Key achievements and performance

During the current year Ongo Communities generated a surplus of £120k for the year (£7k surplus in the year ended 31 March 2022 ) . The Trustees consider this to be an acceptable standard of performance.

Key achievements during the year were:

5

Report of the Trustees for the year ended 31 March 2023

Ongo Communities Limited

Structure, governance and management

Ongo Communities is managed and governed by the Trustees who hold regular board meetings and agenda items include finance, health and safety and other operational reports.

The Trustees delegate the day-to-day management of the charity to the Executive Leadership Team, details of which can be found on page 3.

Recruitment and appointment of Trustees

Recruitment for charity trustees is overseen by the ultimate parent company who review and agree the recruitment procedures to be followed. Any new trustees will only be appointed if they have demonstrated they meet the skills and competencies required for the company following a recruitment exercise. New trustees can be appointed by the ultimate parent company.

6

Ongo Communities Limited

Report of the Trustees

for the year ended 31 March 2023 (continued)

Training and induction

All new trustees undertake an induction programme within the first six months of their appointment. As part of this they meet with the Chair of the Board, the Chief Executive and other members of the Executive Management Team to provide them with an overview of the charity and the context in which it operates. A number of documents are shared with the Trustees for them to read including the charity’s Articles of Association and the Charities Commission Essential Role of the Charity Trustee. Additionally, there are some core training courses which all new trustees are expected to complete.

Public benefit statement

The charity trustees have complied with their duty to have due regard to the guidance on public benefit published by the Commission in exercising their powers or duties.

Fundraising statement

Section 162a of the Charities Act 2011 requires charities to make a statement regarding fundraising activities. The legislation defines fundraising as “soliciting or otherwise procuring money or other property for charitable purposes.” All fundraising activities relate to applications for grant funding from relevant public and non-public sector bodies. We do not undertake widespread fundraising from the general public.

In relation to the above all solicitations are managed internally, without involvement of commercial participants or professional fund-raisers, or third parties. The day-to-day management of all income generation is delegated to the executive team, who are accountable to the trustees.

The charity is not bound by any undertaking to be bound by any regulatory scheme.

We have not received any complaints in relation to fundraising activities. Our terms of employment require staff to behave reasonably at all times. As we do not approach individuals for funds we do not have to particularise this to fundraising activities nor do we consider it necessary to design specific procedures to monitor such activities.

Financial review

Incoming resources for the year totalled £1,909k (2022: £2,102k) of which £532k (2022: £876k) related to funding activities upon which restrictions were placed and £1,053k (2022: £1,085k) was received from Ongo Homes. Expenditure totalled £1,789k (2022: £2,095k) resulting in a surplus of £120k (2022 £7k surplus).

Reserves are needed to bridge the gap between the spending and receiving of income and to cover any unplanned expenditure. The Board has resolved to maintain sufficient reserves to cover short-term operational costs. The operating cash and reserves positions should not fall below a minimum level of £100,000, which is sufficient to cover three months fixed operating costs, other than in relation to fluctuations due to the short term operating cash cycle. Any such fall below the prescribed level will be identified as such by the cash control and forecasting process.

7

Ongo Communities Limited

Report of the Trustees for the year ended 31 March 2023 (continued)

We will ensure that sufficient reserves are held to be able to fund all forthcoming projects to which we are committed and any further opportunities that may present themselves. These include match funding opportunities that will maximise income through achieving external grant funding to deliver projects that meet the outcomes of our corporate plan, and proposing projects to be approved by the board as an appropriate use of reserves that respond to emerging issues that affect our tenants, their families, and the wider estates and communities. We will enter into no commitments which cannot be funded by available reserves plus budgeted surpluses to be generated up to the point or points at which the commitment crystalises.

At 31 March 2023 the charity’s free reserves, excluding designated funds, stood at £452k (2022: £258k) with restricted funds carried forward of £nil (2022: £34k) and designated funds of £136k (2022: £175k). The business plan dictates that the free reserves will be retained for investment in the future development of the company. The designated funds relate to match funding for an approved project to support people into employment who have mental health issues, including older people, younger people and members of groups who may be disadvantaged.

Future plans

During the coming years it is expected that the activities of the Ongo Communities will expand:

  1. Ongo Homes has approved a grant of £1,000,000 per year from 2019 to 2023 to deliver activities that meet the objects of the organisation.

  2. Applications to grant giving organisations and EU funds have been awarded and a funding strategy is in place to continue to seek further opportunities to bid for funds and match fund projects that meet the needs of our customers and the wider communities within our area of benefit. However due to the ending of EU funding and the delay in UKSPF we anticipate that fewer opportunities will be available.

  3. We continue to change the way we engage with our customers by offering a mix of face to face and telephone support and a digital only programme for customers in rural areas and who cannot easily access our premises. We also provide IT skills and re-designed the customer facing areas in our buildings to best meet the individual needs of our customers.

  4. We want to support customers as much as possible with the cost of living crisis and are planning ways in which to re-use furniture and carpets to help our tenants in their homes, as well as delivering money management and budgeting support.

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Ongo Communities Limited

Report of the Trustees for the year ended 31 March 2023 (continued)

Financial Instruments

Credit Risk

Credit risk is the risk of financial loss to the company if a customer or counterparty to a financial instrument fails to meet its contractual obligations.

Credit risk also arises from cash and cash equivalents and deposits with banks and financial institutions. The following financial institution was used and its credit rating was acceptable to the board:

Institution
Rating at
31/03/2023		 Balance at
31/03/2023
Rating at
31/03/2022
Balance at
31/03/2022
£
£
Barclays Bank PLC
A1
(Moody’s long term rating)		 526,522
A1
497,739

Liquidity risk

Liquidity risk arises from the charity’s management of working capital. Rolling cash flow projections are prepared regularly, together with the value of the company’s cash investments. At the end of the financial year, these projections indicated that the company expected to have sufficient liquid resources to meet its obligations under all reasonably expected circumstances.

Cash flow interest rate risk

The charity is not currently exposed to cash flow interest rate risk.

Assessment of the effectiveness of Ongo Communities’ system of internal control.

The Board is ultimately responsible for the charity’s system of internal control and for reviewing its effectiveness.

The Board recognises that no system of internal control can provide absolute assurance or eliminate all risk. The system of internal control is designed to manage risk and provide reasonable assurance that key business objectives and expected outcomes will be achieved. It also exists to give reasonable assurance about the preparation and reliability of financial and operational information and the safeguarding of CBS assets and interests.

The Board has adopted a risk-based approach to internal controls, which are embedded within the normal management and governance process. This approach includes the regular evaluation of the nature and extent of risks to which the CBS is exposed and is consistent with good practice and regulatory requirements.

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Ongo Communities Limited

Report of the Trustees for the year ended 31 March 2023 (continued)

The main area in which this is evidenced is as follows:

Risk Management

Our approach

Risk is the possibility of an event and the consequences it has on the achievement of objectives, at a strategic, operational and project level. Risk creates uncertainty which we must understand, control, and monitor to reduce the uncertainty to an acceptable level.

Risk is part of everyday life and linked directly the decisions we make. The management of risk is therefore essential in ensuring the CBS meets its strategic objectives and remains legally and regulatory compliant.

Our risk management framework provides a clear and robust approach to managing risk. It provides a structure to integrate risk management into all aspects of Ongo activity, with the aim of protecting our assets, complying with all relevant laws and regulation, successfully achieving our corporate plan and creating a truly vibrant and resilient organisation.

Our principles of risk management

The overarching principle of risk management is to add value, and to support the successful delivery of objectives.

At Ongo, we use GUARDED principles to set our approach to risk management:

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Ongo Communities Limited

Report of the Trustees for the year ended 31 March 2023 (continued)

Our risk appetite

Our risk appetite is reviewed and set by Board, as high-level statements which sets the tone for risk taking. Detailed statements are then provided as guide for decision making to ensure we do not take risks outside of our agreed boundaries. Our risk appetite was last reviewed by Board in March 2023.

Operating environment and risk management

To help identify emerging risks, we assess the external and internal environments using a variety of tools and techniques. Our performance management framework runs in line with our risk management framework to help identify areas of concern or emerging risks. We have a suite of key risk indicators (KRIs) which provide intelligence on the key areas of risk facing our business and act as early warning indicators. Our key financial ratios and stress testing indictors are monitored monthly in our management accounts. We also map the annual sector risk profile with our existing risk registers as a comparison aid.

Assurance framework

To ensure that risk management is effective and that we have a sound and effective system of internal control we have a control framework in place. As Boards have ultimate responsibility for Risk Management, it is essential that Board members understand the risks facing Ongo and receive assurance on the effectiveness of controls. Strategic and emerging risks are discussed at each Board meeting as a separate agenda item (alternate meetings), but also embedded within each report. The Group Common Board have delegated assurance reviews to the Group Audit and Risk Committee. This enables the committee to focus on key areas of risk and assurance.

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Ongo Communities Limited

Report of the Trustees for the year ended 31 March 2023 (continued)

Assurance can come from many sources within an organisation. Developed from the three lines of defence, we have adopted four lines of assurance (FLA), which helps identify and understand where these different contributions arise:

This comes from independent, objective and expert sources. It provides independent challenge. It places reliance upon assurance mechanisms in the first and second lines of defence, and request evidence to confirm assurance is in place. Assurance is gained from internal and external audit, regulators, and accreditations.

Our customers provide a fourth assurance level. As they directly receive certain services, they are in the ideal position to assess and review service delivery. We have strong customer engagement arrangements, including a Resident Scrutiny Panel, Property Services Panel, and Complaints Monitoring Panel.

All assurance activities are co-ordinated centrally to provide assurances maps. The assurance map of the strategic risk register is used to inform the internal audit programme and assurance work for the next financial year.

Internal Audit

Our internal auditors are appointed by the Group Audit and Risk Committee to provide an objective evaluation and opinion on the overall adequacy and effectiveness of our risk management and internal control environment.

The annual internal audit plan is set using a risk-based approach and is approved by the Group Audit and Risk Committee. The plan includes a range of internal audits and assurance appraisals, which cover two types of corporate assurance risks – directed and delivery. Underpinning these two types of assurance risk are six root cause indicators (RCI):

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Ongo Communities Limited

Report of the Trustees

for the year ended 31 March 2023 (continued)

Directed Risk: Failure
organisation.		 to properly direct the service to ensure compliance with the requirements of the
Root
Cause
Indicator		 Governance
Framework		 There is a documented process instruction which accords with the relevant regulatory
guidance, financial instructions and scheme of delegation.
Risk Mitigation The documented process aligns with the mitigating arrangements set out in the strategic
risk register.
Compliance Compliance with statutory, regulatory and policy requirements is demonstrated, with
action taken in cases of identified non-compliance.
Delivery Risk: Failure
organisation.		 to deliver the service in an effective manner which meets the requirements of the
Root
Cause
Indicator		 Performance
Monitoring		 There are agreed KPIs for the process which align with the business plan requirements
and are independentlymonitored, with corrective action taken in a timelymanner.
Financial Constraint Theprocess operates within the agreed financial budget for theyear.
Resilience Good practice to respond to business interruption events and to enhance economic,
effective and efficient deliveryis adopted.

The findings against these corporate assurance risks informs both an individual assurance assessment and also the annual assurance opinion statement, provided by the Head of Internal Audit.

The annual plan is subject to ongoing review and could change as the risks change throughout the year. Any changes are formally reviewed with the Executive Leadership Team and the Group Audit and Risk Committee should a significant issue arise.

Internal audit reports carried out are signed off at each Group Audit and Risk Committee, where members have the opportunity to discuss and challenge the findings. Progress on any recommendations made are monitored by the committee and once implemented are verified by internal audit for final sign off. The internal auditors have an opportunity at every committee meeting to discuss matters without the presence of executives.

Our internal auditors provide an annual report on the internal control environment at Ongo. The annual report summaries the outcomes of the reviews that have been carried out on the Ongo group’s framework of governance, risk management and control. The Head of Internal Audit’s annual opinion states that they are satisfied that, for the areas reviewed during the year, Ongo has reasonable and effective risk management, control and governance processes in place.

This opinion is based solely on the matters that came to the attention of internal audit during the course of the internal audit reviews carried out during the year and is not an opinion on all elements of the risk management, control and governance processes or the ongoing financial viability or your ability to meet financial obligations which must be obtained by Ongo from its various sources of assurance.

.

13

Ongo Communities Limited

Report of the Trustees for the year ended 31 March 2023 (continued)

Our internal auditors carried out nine reviews, which were designed to ascertain the extent to which the internal controls in the system are adequate to ensure that activities and procedures are operating to achieve Ongo’s objectives. For each assurance review an assessment of the combined effectiveness of the controls in mitigating the key control risks was provided.

The table below provides an overview of the assurance findings in 2022-23

Assurance Assessments Number of Reviews Previous Year
Substantial Assurance 4 8
Reasonable Assurance 5 5
Limited Assurance
No Assurance

The areas on which the assurance assessments have been provided can only provide reasonable and not absolute assurance against misstatement or loss and their effectiveness is reduced if the internal audit recommendations made during the year have not been fully implemented. Progress with internal audit recommendations are monitored by the Group Audit and Risk Committee and implementation is verified by internal audit twice a year. All audit recommendations have been accepted and implemented.

Fraud

The fraud register is reviewed at each Group Audit and Risk Committee. To assess our internal control framework, assurance tests are built in to the internal audit plan each year.

The fraud register is updated as necessary for all actual and potential frauds committed or attempted to be committed against the CBS.

Reporting, review and corrective action

A process of regular management reporting on control issues provides assurance to the Executive Leadership Team and to the Board. This includes a rigorous procedure for ensuring that corrective action is taken in relation to any significant control issues, particularly those that may have a material impact on the financial statements and the delivery and fulfilment of our services.

The Group Audit and Risk Committee conducts an annual review of the effectiveness of the system of internal control and has taken account of any changes needed to maintain the effectiveness of risk management and control process. This Committee makes an annual report on this matter to the Board. The Board has received this report and has included it within the Financial Statements.

The Board confirms that there is an ongoing process for identifying, and managing significant risks faced by the CBS. This process has been in place throughout the year under review, up to and including the date of the annual report and accounts, and is regularly reviewed by the Board.

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Ongo Communities Limited

Report of the Trustees for the year ended 31 March 2023 (continued)

Going concern

The Board have reviewed financial assumptions during the budget process to ensure the company remains a going concern. The budget is subject to sensitivity testing to assess the possible financial impacts of various scenarios and the resilience of the budget. In all scenarios the company remains financially viable.

Given the strength of the balance sheet and liquidity the Board believes that while some uncertainty remains in respect of COVID-19 and the effects of inflationary pressures these do not pose a material uncertainty that would cast doubt on the charity’s ability to continue as a going concern. The charity’s financial performance in 2022/23 proved resilient and on this basis, the Board has a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future, being a period of twelve months after the date on which the report and financial statements are signed. For this reason, it continues to adopt the going concern basis in the financial statements.

Employment and equal opportunities

Employee information is set out in the notes to the Financial Statements.

The charity is committed to the principles of equal opportunities.

External Audit

In so far as the Board is aware, all of the current board members have taken all the steps that they ought to have taken to make themselves aware of any information needed by the auditors for the purposes of their audit and to establish that the auditors are aware of that information. The directors are not aware of any relevant audit information of which the auditors are unaware.

The External Auditors have an annual meeting with the Committee without the presence of executives.

Following a tender process during 2021/22 Crowe UK LLP were appointed as auditors for three years. They are in the second year of their appointment to serve as auditors for the Company and the Group.

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Ongo Communities Limited

Report of the Trustees for the year ended 31 March 2023 (continued)

Signed on behalf of the Trustees.

H Lennon Trustee 7 September 2023

16

Ongo Communities Limited

Trustees’ responsibilities in relation to the financial statements for the year ended 31 March 2023

The Trustees are responsible for preparing the Annual report and the financial statements in accordance with applicable law and regulations.

Company law requires the Trustees to prepare financial statements for each financial year in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period.

In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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Ongo Communities Limited

Independent auditor's report to the members of Ongo Communities Limited for the year ended 31 March 2023

Opinion

We have audited the financial statements of Ongo Communities Limited for the period ended 31 March 2023 which comprise the balance sheet as at 31 March 2023; the statement of financial activities, the statement of cash flows and noted to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Directors’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Directors with respect to going concern are described in the relevant sections of this report.

Other information

The Directors are responsible for the other information contained within the annual report. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matter prescribed by the Companies Act 2006

In our opinion based on the work undertaken in the course of our audit

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Ongo Communities Limited

Independent auditor's report to the members of Ongo Communities Limited for the year ended 31 March 2023

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in directors’ report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of Directors

As explained more fully in the Directors’ responsibilities statement set out on page 17, the Directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Directors are responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists.

Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We obtained an understanding of the legal and regulatory frameworks that are applicable to the Company and determined the most significant are the appropriate accounting standards in conformity with the requirements of the Companies Act 2006 and the Financial Services legislation;

We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our sector experience, through discussion with the Directors, and from inspection of the Company’s board minutes and legal and regulatory correspondence. We discussed the policies and procedures regarding compliance with laws and regulations with the Chief Financial Officer;

We assessed the susceptibility of the financial statements to material misstatement, including how fraud might occur, by meeting with management from relevant parts of the business to understand where management considered there was a susceptibility to fraud. We also considered the potential for management to manage earnings and influence the perceptions of the financial statements.

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Ongo Communities Limited

Independent auditor's report to the members of Ongo Communities Limited for the year ended 31 March 2023

We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be the override of controls by management and the timing of recognition of income.

Audit procedures performed by the engagement team included:

Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, misrepresentations or through collusion. There are inherent limitations in the audit procedures performed and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it.

Owing to the inherent limitations of an audit there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations. These inherent limitations are particularly significant in the case of misstatement resulting from fraud as this may involve sophisticated schemes designed to avoid detection, including deliberate failure to record transactions, collusion or the provision of intentional misrepresentations.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Vicky Szulist Senior Statutory Auditor For and on behalf of Crowe U.K. LLP Statutory Auditor Manchester

13th September 2023

20

Ongo Communities Limited ststsmeni of flnanclal actlvftles Ineorporaiing an Income and expendlture account for ihe yearended 31 March 2022 Unresirfcted Funds 2023 Restrlcted Funds 2023 Total Funds Total Funds Note 2023 2022 Income Income liom charlt8ble actlviiies 1,052.896 1,052,896 1.084,%2 Income liom donabons 109.732 109,722 380 215.227 215,227 140,897 Grants receivaNe 531,524 531,524 875,805 Total Incorne 1,277.855 521,524 1,￿9,279 2.101, Ex￿￿lture I￿2,856} 1814.9801 I1.518.￿6} I1.8￿.30￿) Expenditure Dn trading acbvities 1270,4841 1270.4841 1288.8141 Total expendiitsre 11,174,$401 1814.9801 11.789.320) NBt Incom8 118xp8ndltur81 f4Jrth8y8x 203,515 {63N561 120.059 527 Tra￿l￿rS b&t￿onfU￿dS 149,3701 49,370 NBtrnov8rn8nton funds 154,145 134,OB61 120￿59 527 R•condllallon of funds Total funds broughl forward 434.023 24,086 468,109 461,582 Total funds carrled fotwavd 588,168 SW168 46&109 The st8￿ment Dllinancial actlvltles includes all gains and IDsses recrynised in the year. income and expenditure derlves IrDm conbnulng activilies. The notes on pages 25 to 32 loyrn pari ol these linanclal statemenis.

Ongo Communities Limited ststsmeni of flnanclal actlvftles Ineorporaiing an Income and expendlture account for ihe yearended 31 March 2022 Unresirfcted Funds 2022 Restrlcted Funds 2022 Total Funds Total Funds 2022 2021 Income Income liom charlt8ble actlviiies 1,084.962 1,084,962 1.120,MO Income liom donabons 280 380 41,844 140.697 140,697 124,593 Grants receivaNe 875,605 875,605 531,805 Total Incorne 1,226.039 875,605 2,101,644 1.818,242 Ex￿￿lture 1899,3271 11.128.976) I1.8￿.30￿} 11.415.846) Expenditure Dn trading acbvities 1266,8141 1286.8141 Total expendiitsre 1%6,1411 I1.1￿.976} 11.608.SSSI NBt Incom8 118xp8ndltur81 f4Jrth8y8x and n81 rnov8Thnl onfunds 259,898 1253,3711 527 Tra￿larS b8hY88nknds I￿7,457) 7,457 NBtrnov8rn8nton funds {275591 34lJ06 6.527 209,E89 R￿On￿lIall￿n of funds Total funds broughl forward 461.582 461,582 251,893 Total funds carrled fotward 434,023 34lJ06 46&109 461.$82 The notes on pages 25 to 32 loyrn pari ol these linanclal statemenis.

Ongo Communities Limited ststement of Ilnanclal posltlon 8131 March 2023 Company number 08619739 Note 2023 2023 2022 2022 Current assets Debiors .888 72,015 497,729 Cash ai bank and In hand 526.522 820.410 569,754 year 122,2421 1101.8451 Total assets less current Ilabllll￿9 588.188 468,109 Total net assets S88.188 468,109 The funds of the eharliy Unresiricted lunds 452.018 2S8.949 17S.074 34.088 Desiqnated unresiiicied ltsnds Restricted lunds 138.152 Total fund5 S88.188 468,109 The linanclal staiemeniswere aKproved by the BDard Df DlrectDrs and atsthoiised for issue on 7 September 2022 H Lennon Trustee S Hepworth Chw Execut￿e The notes on pages 25 to 32 loyrn pari ol these linanclal statemenis. 23

Ongo Communities Limlted Statement C*f cash flows for ihe yearended 31 March 2023 2023 2022 Nei cash inllDwiioulllowl Irorn Dperatlng actriiiies Increase Ildecreasel In cash 28 783 3801 28,783 3,801 Noies Change In cash and cash equivalents Cash and cash equivdenis at 1 April 2022 Cash and cash equlvalents at 31 March 2023 28,783 497 739 ,801 467 938 526,522 497,n9 Reconclllatlon of operatlng surpluses to nei ￿$h InllDw I loutllDw} Irom Opera￿ng actlvltles Nei Incomellexpendiluiel lor the perlod Decieas&lincreasel In debtors Increaselldecreasel in credilois 120,059 121.8ni 189.4031 ,527 18,943 4,331 Net cash Inflow I loutflow} Irom 0￿ra￿n9 a￿l¥ll1eS 28,783 3,801 Analysls of cash and cash equlvalents Cash in hand 525 $58 49£ 80 Cash and cash equlvalents at 31 March 2023 S26,522 497,729 Analysls of changes In net debt (cash ai bank only) 28,783 497 739 29,801 467 9S8 Nei debi at 1 April 2022 Net dÈblAt 31 March 2023 S26,522 497,n9 The notes on pages 25 to 32 loyrn pari ol these linanclal statemenis. 24

Ongo Communities Limited Notes Ic*rmlng part ol the flnanclal ststsments for ihe yearended 31 March 2023 INDEX OF NOTES General notes Accounting pollcles Income and Èxpenditure related notès Grants received Nei expenditure Analysis ol expenditure Support costs Employees Direc￿ls. iemuneyabon ststement of flnanclal posltlon related notes 10 Fixed asset investments 14 Share capital 15 Analysis ol movernent In lunds 16 Analysis ol net assets beiween funds 17 Related party disclosures 18 (Wrating leases 19 Volunteers 25

Ongo Communities Limited Notes Ic*rmlng part ol the flnanclal ststsments for ihe yearended 31 March 2023 Significant aetountlng pollcles Ongo Communibes Limited Is a charit8ble cowy limrted by gu2r2ntee and IncorpDraied In England & Wales under the CDmpanies Aci 2006. The address ol Ihe iegisieied Dllice is given on ihe page 3 and the naiure ol Ihe company's opeiabons and Ils princi￿ aciivibes are set Dut in the Repori ol the Trustees. The Iinancial statements have been prepared under the historical cost convention and In attord2nce With siaiemeni ol Recommended Practice 2pplic8ble to ch2rities preparing their accDunts In accordance the Fin2ncial RepDriing Standard 2pplicable In the UK and Republic DI Irel2nd IFRS 1021 lellective 1 January 20151- Ichaiilies SORP IFRS 10211, FRS 102, Ihe Financial Rewrting Standard w￿able In the United Kingdorn and the Republ￿ ol Ireland. the Ch2rities Atl 2011 2nd the CDmpanies Aci 2006. The preparation ol Ilnancial statements In tompliance with FRS 102 iequlres the use ol certaln Crit￿al accounbng estlrnates. It alsD requires company management to exerclsejudgemeni In 8pplying the cornpany's atcouniing pDliCies. The presentatiDn turiency ol the financial statements Is the Pound Sterling 1£), iotsnded to the nearest £1. The following princlpal attounting pollcles have been applied.. Fln8nci&l Rewing St8ndard t02- reduced dlsclosure exemptions The company has taken advantage ol the IDllowlng discIDsure exemptlons in prep2rlng Ihese financld 5￿tementS. as permitted by Ihe FRS 102"The the requirements ol Seciion 3 Fin2ncial Statement Presentation p2ragraph 3.17ldl'. the requirements ol Seciion 11 Financial Insiruments paiagiaphs 11.39 to 11.48A'. the requirernents ol Seciion 33 Related Party DistlDsures paragraph 33.7. This inloirnatlon i% Included In the cDnsDlidaied financlal statements ol Ongo Paytnershlp Llmlted as ai 31 March 2022 and these Ilnancial statemenis may be obtained IrDm Ongo House. High streei. Scunthorpe. NDrih Lintolnshire, DN15 8AT B2&s olprepaiaiion-golng eoneem The chaiily's linanclal plans have been revlewed and the Board 2re sabslled Ihat the pl2ns are allord2ble and Ihai Ihe financ1￿ si3￿ments shDuld be prepared Dn a golng cDncern basls. The board revised the chariiys Ilnancial loyecasts. lor the years ended 31 March 2025, 10 reflect rhe risks and Ilnancial Impacis as relevant and Covid-19 had an ellect on Our ability 10 achieve the level ol outcomes we had set lor the previous Iin2ncial year although we were able 10 ch2nge our ways ol wor￿Thg to provide Suppori by telephone and Social media apps. We used the learning Irom this to determine the way Iotward lor the Curieni and luture years.. Dllering a mix ol lace 10 lace and telephDne Supwrt. AlthDugh Brexit and a reduction In EU lunding means avalabilily ol some granis has been reduced exieinal grant lunding continues ￿ be available. The charily Will cDntlnue to receive Ihe agreed long ieirn SUKlJOrt Irom wlthln the Ongo Group. The chariiy has ellectlve coniyols and prrtesses In place tD manage and monltDr cash flows. On thls basls. the board consider li apprcprlate loy the Ilnancial SLqiernents to be prep2red on a going concern b2sis. Judgemenis 8pplying sceouniingpol￿xes8nd￿eys0￿rces olestimstion uncertainty anagement do noicDnslder Ihere io be any signlllcantjudgernents or estlmatlon uncertalnty the siraighllDMard naitsre ol the chariiys Income Incoming resDurtes are attounted lor when receiv2ble. L￿2cleS ale atcounied lor when cDnsidered receivable. Investment incDme. donations and gllis In kind are atcounied lor when ieceivabk. Grants are recognlsed In the SLqternent ol Financial Actlvilies Dnce the ch2rity h2s enbiiemeni to the funds, li Is prob2ble thai Ihe income Will be recelved and the arnounican be meastsied relieNy. Expendituie Charitable expenditure Includes direct costs and SuKWrt Costs. Supwri tosts tompiise those necessary costs whlch do noi themselves produce the ouipul ol the charity. Including centrd ollice lunctions and govern2nce costs as shown In note 6. Such adminlsiiaiion 2nd attommodaiiDn SuppDn costs have generally been allDcaied on the b2sis DlturnDvei. Ongo CDmmunltles Limiied Is a charlty Within the meanlng ol Para 1 schedule 6 Finance Act 2010. Accordingly the cDmpany is Potentlalty exempi IrDm taxaiiDn in respeci ol Income oi capital gains Within Cat￿OrieS covered by Chapiei 3 DI Part 11 01 the Coipoiabon Tax Act 2010 or Seciion 25 ol Ihe Taxation ol Charge8ble Gains Act 1992. 10 the ex￿nithal such IncDme or gains ale applied exclusively tD chaiiiable purposes. 26

Ongo Communities Limited Notes Ic*rmlng part ol the flnanclal ststsments for ihe yearended 31 March 2023 Gisnisp2y2the Pension eosts ConiiibutiDns tD the cDmpany's defined contrlbuiion penslon scheme are tharged tD the pyollt 2nd IDSS accouni in the year In whlch they becorne pay8ble. The assets ol Ihe scheme ale he￿ separately IrDm ihose ol the tompany in an independently admlnistered fund. Trade and other debiors are Yecognlsed ai the seniernent amount due after any trade dlscount ollered Piepaymenis aye valued at Ihe amDunt piepald nei ol any diSCOunisdue Finaneislinsiruments The cornpany only has lin2nclal asseis 2nd Ilnantial li8blllties ol a klnd that qualtiy as bas￿ Ilnancial insiruments. Baslc linanclal InsiYumenL8 2 C2sh2tb8nk2ndin Cash ai b2nk and in hand Includes deposits which can be withdrawn Within 24 hDurs Wilhoui penalty and shDri term deposits whlch have a maiuyity perlod DI 3 mDnths oi less and are not subject ￿ slgnificani rlsk ol changes in vdue. Ll2knlities (including termlnatlon payments) aye recognlsed once there Is a legal oi construcirie obligaiion tD make a paymeni io a Ihird party. It Is prob8ble that settlement Will be required and the 2rnOuni Df the DbligaiiDn tan be rneasured reliably Fundsccounting Restricted funds are Subject io specilic restliciions imposed by the donDr. They include 'ReStrle￿d Incorne funds, wh￿h are spent Dr 2pplied Within a Yeasonable period liom Ihelr ieceipi Dr'Endowment funds. Oliginaiing liom thnations Dr bequests and invested ￿ enable future expenditure in line Wllh the resirictions ol the thnoy Designated lunds ale set 2side by ihe Tmstees lor spec11￿ purposes. but Would Otherwise form part ol the generd ltsnds. General funds aye available spend at the discretlon ol the Tmstees in lurtherance Dlthe chaiiiable objectives ol the cornp2ny. Intome from tharllable actlvl11È9 IMI Income IrDm tharitable activitles was generaied wlthln ihe UK. £I.OSm Df this Income 12022. £1.12ml relaies 10 coniribtsiiDns from a grDUP company. Ongo Homes Lirniied. Tradlng Income 2023 Vnrestrlcted 2022 Vnrestrlcted 42,460 92,342 17,429 0,996 31,804 89,SS6 17,350 2,207 Rental incDme Income liom PDSI 0[f￿e Other Income 215,227 140,897 Renial income Includes gllls in knnd in respeci DI prDpertles leased at belDw rna￿et rent. The lacilltles have been valued In extess ol reni pa￿ at 27

Ongo Communities Limited Notes Ic*rmlng part ol the flnanclal ststsments for ihe yearended 31 March 2023 Grants retelwdble 2023 Restrlcted 2022 K￿kStart North ￿nColnshIre CDuncil Deparimeniioi Work and PensiDn Humber Learning Consortlum Urban Challenge Police Crime Commissioner Fund Others 102,423 136,955 127,556 98,165 342,814 194,472 152,082 88,78 35,15 32,884 ,411 30,320 531,524 875,805 IMI grants are classed an income IrDm chariiable actlvltles. Those Identilled wlth an. are deemed io be gr2nts receivable IrDm goveynmeni agentses Net Incomel{expendlturel'. 2023 2022 This Is stated aiiercharglng.. (l)erating lease ch2rges land and bU1￿1n9S (l)erating lease ch2rges- others 9,062 IMI lees loi the audlt olthe company's annual accounL8 are pald by the uibmaie p2rentcompany ol Ihe group. Analysls of eX￿￿lture pport costs (note 71 Dlreci stAff osts OthÈrdlrect costs Total 2023 Total 2022 Charltable de￿￿tIeS Community benefiVlmprDvemeni yojects 887.410 271.480 379.988 1,516,836 1.828.303 Total eharttableexpendiiure B67N10 271,46 379,966 1,51B,836 1.828.303 Tradlng actlvltles The Arc anagement expendlture 119.861 42.381 162,222 108,262 171.S87 95.247 108.282 Total tradlng ex￿ndttUre 119061 42,361 10B,W2 270,4B4 268.814 Total resourtes expended 9B7,271 313,821 48B,22B 1,789,320 2.095.117 The Art Is a well-being hub based In the Wesiclille estaie in Scunthorpe. 11 houses a calé. posi Dllice. has roorns lor hlre as well as providing opwrtunltles 10 ollerother aciivitles. Ongo Communities use this bu1￿1n9 as a hub lor pr￿v￿ing tralning and SUPPDri tD users ol IL8 services. All costs have been allocated 10 trading actlvltles. as has any intome generated IrDm the use Dlthe building

Ongo Communities Limited Notes Ic*rmlng part ol the flnanclal ststsments for ihe yearended 31 March 2023 Support costs Flnance & Corporate Human Resources Prowy & Olllces Total 2023 Total 2022 Charltable de￿￿tIeS Community benefiVlmprDvemeni wjects anagement lee Irorn parent cornpany 149,387 74,442 18.445 167,832 212,134 188.981 251.994 28.255 Total charttableexpendiiure 223 26855 111,437 1B,445 379,966 438.955 Tradlng actlvltles The Arc anagement expendlture 68.844 9S.247 19,057 89.205 10B,262 Total tradlng ex￿ndttUre 19.057 89,205 10B,262 164.091 Total resourtes expended 242,B86 26255 111,437 107,6SO 48B,22B 603.048 The cDmpany is charged a rn2nagemeni lee liom its uibmaie parent COWY 10 CDvei dl central Finante. CDrwrate. tt. HR. PR and governance anagement expenditure Includes the nDtlonal cost ol the gilts in kind relaiing ￿ the lease Df wperties as deiailed In no￿ 2 10 the accounts. Employees 2023 2022 siallcosL8 lexcltsdlng directors who ale pa￿ by the group) conslsi ol.. Wages and salaries 977.385 87.189 21.2S7 73.234 1.007.813 82.02S 22.728 78.034 Cosi DI defined benefii scheme Cosi DI defined contribution schem 1.IS9.04S 1.188.598 No emplDyees. including key rnanagemeni personnel. are pa￿ dlreciiy by the CDmpany, althDugh li Is recharged by Ihe group eniily loi ern￿oyment costs Incurred on Its behdl. Contracts ol employmeni ale In the name ol Ongo Cornmunibes Llmlted. The a￿ve tosts represent Ihe charge made to Ongo Cornmunities Lirnited 2nd Is based Dn the IDllowing average number olemployees (excluding dlrecioisl durlng the year.. 2023 Number 2022 Number As detailed abDve. whilst tontiacts ol employrnent 2re in the narne ol OngD Cornmuniiies Limited employees ale nDI pald dlreciiy by the charity. One ol the Ilustees is an employee Dlthe group and has a coniraci ol ern￿OyMeniwlth the charity. Thai IndIv￿U21 recelved rernuneiabon underLqking thely Yole as a group ernployee and dld not receive any remuneratlon Dr Olhei benefiis Irom their trusieeship. Trustees not receiie any iemuneraiiDn Dr benellts directly from Ongo Cornmunibes ￿Miled durlng the year120>'. none) ND Ilustee 12022.. one) was pa￿ expenses during the year 12022. £1001 Adelined coniribuiiDn pensiDn scherne was operated by OngD Parkneiship Lirniied on behall DI all OngD giotsp subsidiary underLqklngs. The asseL8 01 the scheme are he￿ separately Irom those ol the group In 2n Independenlly adminlsieied fund The pension ch2rge represents cDntlibutlons payable by the CDmpany ￿ Ihe lund and amDunted 10 £73,22412022.' £78.0341. CDntributlons amountlng io £nil12022.- £nill were payable tD the fund at year end. A defined benefit pension scherne is operated by Ongo Homes ￿Miled on behdl DI Ongo group subsidiary tsndertakings. The asseis ol the scherne are he￿ separately Irom those ol the group In 2n Independenlly adminisieied fund The pension ch2rge represents CDntlibutlons payable by the CDmpany ￿ Ihe fund and amDunted io ￿l,257(2022.' £22.7281. CDntributlons amountlng to £nil12022.- £nill were payable tD the fund at year end. 29

Ongo Communities Limited Notes Icrmlng part ol the flnanclal ststsments for ihe yearended 31 March 2023 Dlrectors. remunÈraiion Direc￿ls. CDSIS ale pad by Ongo Paitnershlp Llmlted and the relevani PDfiiDn was Yechaiged to OngD Comrnunibes Llrnlted Iwith a rnark-tspl thrDugh their rn2nagemeni lee. 10 Flxed asset In¥esiments SubsidLoryundertskings The only underLqking in wh￿h the CDmpany has an interesi Is as follows.. Proportlon of ￿tIng rfghts and ordlnary share capllal held Country of Incorporaiion or Name Nature ol buslness Onoo Recrultment ￿Miled Enoland and Wales l00W. Recmiimentconsultancy Ongo Recruitment ￿Miled has a wholly owned sUbS￿l￿rY, whlch glves Ongo CDmmtsnltles Llmlted an Interesi In.. Crosby BrDkerage Lirnited England and Wales l00W. Business SeNices Ongo Communities Limited Notes Icrmlng part ol the flnanclal ststsments for ihe yearended 31 March 2023 11 Debiors 2023 2022 Trade debtors Amounts owed by group undertaklngs Piepaymenis and acciued incDme 12,829 765 60 71,190 81,059 92,888 72,015 12 Credltors: amounts falllng due wlthln one year 2023 2022 Trade credltDrs Other crediiofs Tayation 2nd social securlty Accruals and deleried income Amounts Dwed 10 group underiaknngs 3,816 2,166 4,￿0 22,170 9,414 s,ssB 79,887 32,242 101,M5 Deferredineorne Brought forward 27,768 137.7881 40,334 140.3341 37,768 Delerred In the perlod Carried I0￿8rd 37,768 Income is defeiied where a giant received in the year i% subject to pertormance-relaied tondltlons recelved in advance ol delrieying the services 13 Corporatlon tax The tharily Is exempi IrDm tax on Incorne and galns Idllng wlthln secbon 505 01 the Taxes Act 1988 or secbon 252 01 the Taxatlon ol Chargeable Galns Atl 1992 tD the extent thaithese aye applied tD Its charitsNe objeciries. 14 ShAre eapltal Being Iirniied by gu2r2ntee, the cornp2ny does not issue shares. 30

Ongo Communltle$ Llmlted Notes lormlng part ol the flnanclal ststsments for ihe yearended 31 March 2022 15 Analysls of movemeni In funda Transfers beMeen funds BaLqnce al 31 March 2023 Balanceat 1 Aprll 2022 Income ExpÈndlture Restrlcted funds Deparimeni loi Work and PensiDn Humber Learning Consortlum North ￿nColnshIre CDuncll Kickstari Other gianis 127.55 .165 136.955 102.422 86.425 1170.8MI I￿.329} 11S2.8S21 1122.7941 188.3511 43.298 1.184 IS.697 34,08 1.928 34,08 531.524 1814.9801 49.370 Designated unresiiicied ltsnds Unresiricted lunds 175,074 258,949 138.1S2 4S2.018 1.377.￿5 11.180.340) 110.4481 434,022 1.377.￿5 11.174.340) 149.3701 S88.188 Total funds 468 109 1.9￿.379 1.789.320 S88188 Analysls of movemeni In funds- prevlous ye&r Transfers beMeen funds BaLqnce al 31 March 2022 Balanceat 1 Aprll 2021 Income ExpÈndlture Restrlcted funds Deparimeni loi Work and PensiDn Humber Learning Consortlum North ￿nColnshIre CDuncll Kickstari Other gianis 152.082 88.78 194.472 342.814 97.451 1285.8081 11n.9011 1249.3851 I308.7￿} 1131.1MI 113.728 85.115 54.913 34.088 33.703 875.805 I1.1￿.976} 287.457 34.088 Designated unresiiicied ltsnds Unresiricted lunds 197,MO 264,S82 121.9261 1285.5311 17S.074 2S8.949 1.226.029 1986.1411 461,S82 1.226.039 1986.1411 1287.4571 434.023 Total funds 461,S82 2.101. 2.095.117 468.109 Restricted funds relate tD grants receiv2ble used lor chaiiiable purpDses. including projects around em￿0￿meThI, Iraining. WO￿ Wilh young people. ex- ollenders. lone parents and Dlher groups maximising iheir oppoitunibes and prospects as well as sell-emplDymeni and menial health Suppori The tr2nsler from uniestrlcied to restricted lunds represents the charlty's CDntributlon towards the CDSIS Df wvlding Ihese projects. During the previous year ihe charity successlully 2pplied 10 be a gateway IDr the Government's Kickstari prDiect which funded employers tD crea jobs lor 18 10 24 ye2r Dlds Dn Universal Credit. The chaiily receives funding In three elements-. lal to lund employee wages.. this IS immediately passed on 10 the employers or ietsined where stall are employed by OngD CDmmunities. Ibl tD pr￿v￿￿ SUKWrt io the employees during the Ille ol thely emplDyment contract. and Icl tD enable the ch2rity tD adminisiei the scheme. The first two elements have been classed as restricted funds. the lat￿￿ as unresiiicied This funding came to an end during this financial year Where employees lell the scheme the amount received loi providing them SuppDrt during their contratiw2s nDI repayable 10 the lunder. hence acredlt io unrestlicied funds as disclosed in the note a￿ve During a previDUS year ihe ch2rity Wied 10 the European Social Fund lor giani ltsnding lor a projeci to suppori people inio emplDyment who have mentsi hedth issues. including older people. younger people 2nd members ol groups who may be disathaniaged. This prDiect required the ch2rity to provide match Funding Dver 2 30 month period ol £197,MO This piojeci commenced during the previous financial year and Is treated as a designated ieseive. Funding IS received Via North Lincolnshire CDuncil and is Included as such In Ihe Lqbles above.

Ongo Communities Limited Notes Ic*rmlng part ol the flnanclal ststsments for ihe yearended 31 March 2023 16 Analysls of net 88gets bely￿en funds Fund balances ai 31 March 2023 ale reyesented by.. Unresirfcted lunds Restrlcted funds Totsi lunds Debiors Cash ai bank and In hand 74.677 174.8771 93.888 S28.S22 132.2421 801.199 132,2421 588.168 588.188 Comparairie InlormaiiDn In respeciol the preceding peiiDd i4 as follows.. Unresirfcted lunds Restrlcted funds Totsi lunds Debtors Cash ai bank and In hand 5.079 492.￿2 163,8781 68.938 4.917 137.7871 72.015 497.739 1101.8451 434.022 34.088 468.109 17 Related party dlsclosure9 Ai 31 March 2023 Ongo Homes Llrnlted was the conirolling party DI Ongo Cornmunltles Llmlted. OngD Homes Limlted is a Cornmuniiy Benellt Socieiy and ils Primary purpose IS tD provide socld housing in North LlncDlnshiie. Its atcounis are available to the at hltps'.IAvww.ongo.tO.uklcDrpDrate- in1oimationlfin2ncial-s￿tement5. Ai 31 March 2023, rhe uibmaie controlling party. by virtue ol ils control ol Ongo Homes Llmlted. was Ongo Partnershlp Llmlted, a comp2ny incDrpDrated In England 2nd Wales under regiStraiiDn number 08048224. Its consolidated accounts ale available tD the pU￿1t liom CDmpanies House. CrDwn Way. Maindy. Cardill, CF14 3UZ. Ongo Partnership Limiied's primary purpose w2s io Dversee Ihe straiegic direction ol and provide corpora￿ services to ils Subsldiaiies. allowlng them io locus Dn delivery and enhancemeniol their cDre seivlces. On 1 April 2023 Ongo Hornes Limlted became the ultlmate payeni CDmpany ol Ongo Cornmunibes Lirniied. vla a transfer ol engagements between Ongo Homes Llmlted and Ongo Partnership Lirniied. Other Ihan transacbons bemeen the gmup and other gmup companles. Ihe dlrectors do not CDnslder that Ihe company has any relaied party tr2nsactlons 16 OperAtlng ￿SeS The CDmpany had minlrnurn lesse pay2bles under non-cancell2ble operaiing leases as set Otsl below.. Land and Land and 2023 2022 10.958 9.229 14.202 Laiei than 1 year and nDI la￿rthan 5 years 15.802 23.431 19 Volunteers Our menid health Supwrt service utilises the oppoitunily lor volunieer tDunsellors, those whD ale In their find year ai university Siudying Counselling. whD are required io deliver 100 tD 200 hours ol cDunselllng as part DI the qualilicatlon We have engaged 23 vDlunieers In the year, delivering over 3.000 hours ol voluniaiy work IDr the organiSaliDn. 31