REGISTERED CHARITY NUMBER.. 1156041 rt of the Trustees and Unaudited Financial statenIs for the Year Ended 31 March 2024 PPMA BUSINESS EDUCATIONAL SKILLS TRAINING TRADING AS PPMA BEST Farook Owadalty Jardines 73 Park Lane Croydon Surrey CRO 1JG
PPMA B SINESS EDUCATIONAL SKILLS TR41NING DING AS PPMABEST Contents of the Finan(481 Staternents for the Year Ended 31 March 2024 Page Report ofthe Trustees Independent Examinerfs Report Statement of Financial Actiwbes Balance Sheet Notes lo the Financial Statements Detailed Statement of Finanaal Athities 10
PPMA BUSINESS EDUCATIONAL SKILLS TRAINING TRADING AS PPMA BEST Re rt of the Trustees for Ihe Yeai Ervjed 31 Maich 2024 The Iruslees present thèir report with the finan(¥al statements of the tharity ft)r the year ended 31 March 2024. The tnJst88s have adopted the pYovF5ions of AwountllNJ 8nd Reporting by Charities= Statement of Recommended PraCte appli¢alAe lo charities preparing their accounts in accordance with the Financial Reporting Standard apiCae in Ihe UK ar Repuilic of Ireland {FRS 1021 {effe.¥? 1 January 20191. STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng documènt Th8 charity is controlled by its g0vem1j docurnenl. a deed of trust and constitutes an unino)rporated charity. Risk management The truslees have a duty to Idenbfy and review Ihe risks to which Ihe chaiity is exposed and to ensure appropriate controls are in place to prowde reasonable 8ssurance against fraud ar error. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1156041 Principal address New Progress House 34 Slafford Road Wallington Surrey SM6 9AY TThsteas l M D Jardine RARLitMe G Wyles J C18yton T Paul Ind&p¥ndenl Exatniner Farook Owadally Jardines Chartered Certffjed Accountsnls 73 Park Lane Croydon Surrey CRO 1JG 23 JAN20 Approved by order of the board of trustees on............................................. arKI SKJned its behalf by.. Trustee Page 1
Inde ndenl Examinerfs Re to the Trustees of PPMA Business Educalional Sknlls Traini Indèpandenl examlneVs report to the trustees of PPMA Bu$lne$$ Educatlonal Skllls Tralnlng report to the charity Iruslees on my examination of the accounts ol PPMA Business Edu¢alional Skills Training (the Trust) lor Ihe year ended 31 March 2024. Responsibilities and basls of report As tho charity trustees of Iho Twst Y( are responsible for the prepatalt(m of the accounts in aC0)rdar with th8 requirements ofthe Charities Act 2011 1.the Act.). I report in respect of my examination of the Trusys accounts carried under Section 145 of the Act and in carrwng oul my examinatio n I have fotbwed all appliCae Directions gNen by the Charity Comrnission under Secllon 145151{bl of tho Act. Independent examinerfs statement Since your charitys gross income exce&led £250.000 your examin rnusl be a member of 8 listed body. I can confimi Ihal l am qualified lo undertake the examinalion because l am a mefflLr of the Associalion of Chartered Certified A¢countanlslACCA}. which one ofthe listed Lx)dies. I have completed rny oxamination. I confimi that no malgrial malters have ojme lo my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Trust as reQuirj by Section 130 ofthe Art,. or the accounts do Th)1 accord wth those records.. or the accounts do nol comply with the applicable requirements corKeming the fomi and conlenl of accounts sel out in the Charilies (Accounts and Reports) RegulatKins 2008 other than any requirernenl that the accounts give a Irue and fair view which is not a matter COded as part of an independent examinalion. I have no conc8ms and have come across other matters in coMe(on wth the examination to which attention should be drawn in this rerKKi in order lo enable a proper understanding of the accounts tr> be reached. Farook Chvadally Jwdines Date.. 2310112025 Page 2
PPMA BUSINESS EDUCATIONAL SKILLS TRAINING RADING AS PPMA BEST ststemenl of Finanaal Acbvitie 24 for the Year ErKJed 31 March 21L 31.3.24 Total funds 31.3.23 Totsl funds Unrestricted fund Reslricled fund INCOME ANO ENDOWMENTS FROM Donations and legacies Notes Investrnenl income 500,000 55,000 Total 500.000 55,001 EXPENDITURE ON Raising funds Support Costs 46,269 70.595 70.595 Charitable a¢livilies Grants provided Stem Days 41.000 46,820 41,000 46,820 25.000 Total 158.415 158.415 71,269 NET INCOMEIIEXPENDITUREI 341,585 341.585 116,2681 RECONCILIATION OF FUNDS Total fijnds brought forward 181.158 197.426 181,158 TOTAL FUNDS CARRIED FORWARD 522.743 522,743 181,158 The notes fom) part ollhese finanaal slatements Page 3
PMA BUSINESS EDUCATIONAL SKILLS TRAINING TRADING AS PPMA BEST Balance Sheet 31 March 2024 31.3.24 Total funds 31.3.23 Total funds Unrestricted Re$lted (und fund Notes CURRENT ASSETS Debtors Cash at bank 1.212 534.216 1.212 534.216 4.000 182.158 535.428 535.428 186,158 CREDITORS Amounts falling due bwlhin one year {12,685) {12,6851 15,0001 NET CURRENT ASSETS 522.743 522.743 181.158 TOTAL ASSETS LESS CURRENT LIABILITIES 522.743 522.743 181.158 NET ASSETS 522,743 522.743 181,158 FUNDS Unrestricted funds 522.743 181,158 TOTAL FUNDS 522,743 181,158 The financial statements were approved by Ihe Board of Trust and aulhorised for issu& on Z3 JAN 2OJ and were signed on its behalf by.. Tnftpe The noles form part of these financi statemenls Page 4
PPMA BUSINESS EDUCATIONAL SKILL TRAINING TRADING AS PPMA BEST Noles to the FInaaal Statements for the Year Ended 31 March 2024 ACCOUNTING POLICIES Basis of preparing the financi31 statements The financial slalernents of Ihe charity. which is a pU1C benefit enb.ty under FRS 102, have been ppared in accordance with the Chartties SORP IFRS 102} Accounling 8nd Reporting by Charities.. ststemenl of Recommended Pra¢bce applicable lo charitses preparing their a¢¢ounts in accordan th the Financial Reporbng Stan(lard applicable in the UK and Republic of Ireland IFRS 1021 {effe¢tive 1 January 20191.. Finanual Reporting Standard 102 The Financk81 Reporting Stsndard applicable in the UK arKJ Republic ol Ireland, arHJ the Charities Act 2011. The finanoal staiements have been prepared under the hisloricAI st conventK)n. Income All income is rewgnised in the Stalemenl of Finanoal Athvibes once the tharity has entiuemenl lo the funds, il is probable that the income will received and the amounl rAn be rneasured reliably. Expenditure Liabilities ai8 recognised as expenditure as soon as there is a legal or constructive 019allOn committing the Charity lo that expenditure. it is probable that a transfer ol eu)nomic benefits wll be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been dassified under headings that aggregate all cost related to the calegory. Where costs cannot be diredy attribuled lo particular headings they have been allocated lo actiwlies on a basis LX)nsislent with the use of resour. Grants offered subject to conditions whKh have not been mol al Ihe year end dale are noted as a C0MItMent bul not accrued as expendilure. Taxation The charity is exempt from L7x on its Charitale activities. Fund accounting Unrestricted funds can be used in accordance wth the charilatrAe objectives at the disuelion of the trustees. Restricted funds can only be used for patbujlar restricted purtM)ses wlhin Ihe objects ol the d)arity. Restrictions arise when speafied ty Ihe donor or when fuThts are raised for paTb¢uL8¥ reslricled purposes. Pension costs and other posl-retirement benefits The charity operates a defined coniribulion pension scheme. ContritrAJtions payable to the charitys pension scheme are charged lo the Statement of Financial Actbwi*s in the p10d to which they relalo. INVESTMENT INCOME 31.3.24 31.3.23 Deposit account interest Page 5 conlinued...
PPMA BUSINESS EDUCATIONAL SKILLS TRAINING TRADING AS PPMA BEST Notes lo the Finanaal Statements- wnliiu for the Year Ended 31 March 2024 TRUSTEES. REMUNERATION AND BENEFITS None of Ihe Iruslees received remuneration or benefits in Ihe years endeii 31st March 2024 or 2023. Trustees, expenses Trustees meeting costs lotalled £333 (2023.. £201). COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES unreSted fuThJ Restricted fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 55.(YJO 55,000 Investment income Total 55.(KJ1 55.001 EXPENDITURE ON Raisiro funds 46,269 46.269 Charitable activities Grants provided 5.000 25.000 Total 66.269 5,000 71.269 Nsf INCOMEIIEXPENDttURE> {11.2681 5.000) 116,2681 RECONCILIATION OF FUNDS Total funds brought forward 192.426 197.426 TOTAL FUNDS CARRIED FORWARD 181.158 181.158 DEBTORS.. AMOUNTS FALLING DUEWITHIN ONE YEAR 31.3.24 31.3.23 otherdebloT5 Deferred grants 212 1.000 4.000 1.212 4.LK)O Page 6 continued...
PPMA BUSINESS EDUCATIONAL SKILL TRAINING TRADING AS PPMA BEST Note5 to the Finawal Statements- coniiiued for the Year Ended 31 March 2024 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Taxation and 50aal serity Other creditors 2.383 10.302 12.685 5.000 MOVEMENT IN FUNDS Nel movgmgnl in funds Al 31.3.24 At1.4.23 Unrestricted funds General fun 181.158 341.585 522.743 TOTAL FUNDS 181.15B 341.585 522,743 Nel fnovemenl in funds. included in the above are as fdlows: InrnIng reswrc&s Resources expendfjd Movement in funds Unreslricled funds General fund {158.415) 341.585 TOTAL FUNDS 1158.415) 341.585 Comparatives for movement in lunds Nel movement in ftjnds At 31.3.23 At 1.4.22 Unreslricled funds General fund 192.426 {11.268) 181.158 Reslri¢led fund5 Restricted funds 5.000 {5,000) TOTAL FUNDS 197.426 {16,268} 181,158 Page 7 COn.nued...
PP_MA BUSINESS EDUCATIONAL SKILLS TRAINING TRADING AS PPMA BEST Notes lo the Fir)anc4al Statements- coniy) for the Year Ended 31 March 2024 MOVEMENT IN FUNDS- continued Comparative nel movement in funds. Ind in the above affj as lolbws.. Inu)ming resources Resources expended Movement in funds Unrestricted funds General fund 55.001 {66.269) (11,2681 Restricted funds Restricted funds {5.IX)O) 15,0001 TOTAL FUNDS 55.001 {71,2691 116.2681 A cuffenl year 12 months and prior year 12 monlhs o)mbined rM)sihon is as fc41ows: Nel movernenl in funds Al 31.3.24 Ai 1.4.22 Unreslricled funds General fijnd 192.426 330.317 522,743 Reslri¢led funds Restricted funds I5.0) TOTAL FUNDS 197,426 325,317 522.743 A current year 12 mnlhs and prw year 12 monlhs combined net mvement in funds, included in Ihe above are as follows.. Ino)ming resources Resources expended Movement in funds Unreslricled funds General fund 555.001 1224,684) 330,317 Restricted funds Restricted funds 15,000) {5,0001 TOTAL FUNDS 555.001 1229.6841 325,317 Page 8 continued..
PPMA BUSINESS EDUCATIONAL SKILLS TRAINING TRADING AS PPMA BEST Notes lo Ihe FinanrAal Slalements- nnUed for the Year Endeil 31 March 2024 RELATEO PARTY DISCLOSURES There were no relaled party transactions for the year ende(131 March 2024. Page 9
PPMA_ BUSINESS EDUCATIONAL SKILLS TRAINING TFUDING AS PPMA BEST tailed Statement of Finanaal ActivilS for the Year Ended 31 March 2024 31.3.24 31.3.23 INCOME AND ENDOWMENTS Donations and lègacies Donations 500.000 55.000 Invoslmtnt In¢om• Deposit 8ccounl interest Total incoming resour¢es 500,000 55,001 EXPENDITURE Charitable activities Grdnts to indwiduals stem days 41.000 46.820 25,000 38.000 Support costs Management Postage and stationery Promotional activities Travel and subsistence AdministralKJn costs Employment Cosls 51 57,697 1.063 1.670 9.982 7.967 201 70,463 Flnanca Bank charges 132 101 132 101 Total resources expende 158,415 71.269 Not incomg1{axpenditurg1 341.585 116,2681 This page does not fom) part ofthe stalulory finan(ial statements Page 10