## 

|||`Page`||
|---|---|---|---|
|`Report of the Trustees`||||
|`Independent Examiner's Report`||`2`||
|`Statement of Financial Activities`||`3`||
|`Balance Sheet`||`4`||
|`Notes to the Financial Statements`|`5`|`to`|`8`|
|`Detailed Statement of Financial Activities`||||





## 

## 

## 



Inde
endent Examiner's Re
ort lo the Trustees of
PPMA Business Education Skills Trainin
Independent examlnerfs report lo the trustees of PPNIA Business Education Skills Training
I report to th8 charity ITuslees Dn my examination of the accounts of PPMA Busines5 Education Skills Training
(the Ttustl for the year ended 31 March 2025.
Responsibilitiès and ba51s of report
As the ¢harily trustees of the Tmsl you are iesponsible for the preparation of the accounts in accordance with
the requirements of thè Charities Act 2011 I'lhe Acl'}.
l report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in
carrying out my examination I have lolk>wed all applicable DiieGtions given by the Charity Commission undef
Section 14515llbl of the Act.
Independent examlner's statement
I have completed my examination. l Gonfirm that no m8leri81 matters have come to my attention in connection
with the examination giving me cause lo believe that in any material respect..
accounting recofds were not kept in respect of the Trust as required by Section 130 01 the Act., or
the accounts do not a¢¢ord with those records,. or
the acwunts do not comply with the applicable requirements ¢onceTning the form and Content of
accoLJnts sel out in the Charities IAc¢ounls and Reports) Regulations 2008 other than any requirement
that the accounts give a true and fair view which is not a matter considered as part of an indèpendent
examination,
I have no Con￿￿n5 and have come across no other matters in connection with the examination to which
attention shoLJld be drawn in Ihis report in order lo enable a proper understanding of the accounts to be
reached.
F8foDk Owadally
JARDINES
CHARTERED CERTIFIED ACCOUNTANTS
73 Park Lane
Croydon
Surr@y
CRO 1JG
1610112026
Page 2

## 

|||||`31.3.25`|`31.3.24`|
|---|---|---|---|---|---|
|||`Unrestricted`|`Restricted`|`Total`|`Total`|
|||`tund`|`fund`|`spauf`<br>`funds`|`funds`|
||`Notes`|`7`|`Σ`|`7`||
|`INCOME AND ENDOWMENTS FROM`||||||
|`Donations and legacies`||`89,025`||`89,025`|`500,000`|
|`Investment income`|`2`|`12,469`||`12,469`||
|`Total`||`101,494`||`101,494`|`500,000`|
|`EXPENDITURE ON`||||||
|`Charitable activities`<br>`Grants provided`||`95,422`||`95,422`|`158,415`|
|`Other`||`67,907`||`67,907`||
|`Total`||`163,329`||`163,329`|`158,415`|
|`NET INCOME/(EXPENDITURE)`||`(61,835)`||`(61,835)`|`341,585`|
|`RECONCILIATION OF FUNDS`<br>`Total funds brought forward`||`522,743`||`522,743`|`181,158`|
|`TOTAL FUNDS CARRIED FORWARD`||`460,908`||`460,908`|`522,743`|





## 

|||||`31.3.25`|`31.3.24`|
|---|---|---|---|---|---|
|||`Unrestricted`|`Restricted`|`Total`|`Total`|
|||`tund`|`tund`|`funds`<br>`spunf`|`funds`|
||`Notes`|`Σ`|`Σ`|||
|`CURRENT ASSETS`<br>`Debtors`<br>`Cash at bank`|`5`|`7,766`<br>`476,347`||`7,766`<br>`476,347`|`1,212`<br>`534,216`|
|||`484,113`||`484,113`|`535,428`|
|`CREDITORS`<br>`Amounts falling due withinone year`|`6`|`(23,205)`||`(23,205)`|`(12,685)`|
|`NET CURRENT ASSETS`||`460,908`||`460,908`|`522,743`|
|`TOTAL ASSETS LESS CURRENT`<br>`LIABILITIES`||`460,908`||`460,908`|`522,743`|
|`NET ASSETS`||`460,908`||`460,908`|`522,743`|
|`FUNDS`<br>`Unrestricted funds`||||`460,908`|`522,743`|
|`TOTAL FUNDS`||||`460,908`|`522,743`|






## 

## 




## 

## 

||`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`<br>`Unrestricted`|`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`<br>`Unrestricted`|`Restricted`|`Total`|
|---|---|---|---|---|
||`INCOME AND ENDOWMENTS FROM`|`tund`<br>`7`|`fund`<br>`3`|`funds`|
||`Donations and legacies`|`500,000`||`500,000`|
||`EXPENDITURE ON`||||
||`Charitable activities`<br>`Grants provided`|`158,415`||`158,415`|
||`NET INCOME`|`341,585`||`341,585`|
||`RECONCILIATION OF FUNDS`<br>`Total funds brought forward`|`181,158`||`181,158`|
||`TOTAL FUNDS CARRIED FORWARD`|`522,743`||`522,743`|
|`5.`|`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`||||
||||`31.3.25`|`31.3.24`|
|||||`Σ`|
||`Other debtors`|||`10`<br>`212`|
||`Prepayments and accrued income`||`1,598`||
||`Prenayments`<br>`Prepayments`<br>`Deferred grants`||`6,168`|`1,000`|
||||`7,766`|`1,212`|





## 

## 

|`6.`|`CREDITORS: AMOUNTS FALLING DUE `|`WITHIN ONE YEAR`|||
|---|---|---|---|---|
||||`31.3.25`|`31.3.24`|
||`Taxation and social security`<br>`Other creditors`||`4,666`<br>`18,539`|`2,383`<br>`2283`<br>`30202`<br>`10,302`|
||||`23,205`|`12,685`|
|`7.`|`MOVEMENT IN FUNDS`||||
||||`Net`||
||||`movement`|`At`|
|||`At 1.4.24`|`in tunds`|`31.3.25`|
|||`Σ`|`Σ`|`£`|
||`Unrestricted funds`||||
||`General fund`|`522,743`|`(61,835)`|`460,908`|
||`TOTAL FUNDS`|`522,743`|`(61,835)`|`460,908`|
||`Net movement in funds, included in the above are as follows:`||||
|||`Incoming`|`Resources`|`Movement`|
|||`resources`|`expended`|`in funds`|
|||`Σ`||`Σ`|
||`Unrestricted funds`||||
||`General fund`|`101,494`|`(163,329)`|`(61,835)`|
||`TOTAL FUNDS`|`101,494`|`(163,329)`|`(61,835)`|
||`Comparatives for movement in funds`||||
||||`Net`||
||||`movement`|`At`|
|||`At 1.4.23`|`in funds`|`31.3.24`|
|||`7`|`E`|`Σ`|
||`Unrestricted funds`||||
||`General fund`|`181,158`|`341,585`|`522,743`|
||`TOTAL FUNDS`|`181,158`|`341,585`|`522,743`|
||`Comparative net movement in funds, included in the above are as follows:`||||
|||`Incoming`|`Resources`|`Movement`|
||`Unrestricted funds`<br>`General fund`|`resources`<br>`500,000`|`expended`<br>`(158,415)`|`in funds`<br>`7`<br>`341,585`|
||`TOTAL FUNDS`|`500,000`|`(158,415)`|`341,585`|
|||`Page 7`||`continued..`|





## 

|||`Net`||
|---|---|---|---|
|||`movement`|`At`|
||`At 1.4.23`|`in funds`|`31.3.25`|
||`£`|`Σ`|`7`|
|`Unrestricted funds`<br>`General fund`|`181,158`|`279,750`|`460,908`|
|`TOTAL FUNDS`|`181,158`|`279,750`|`460,908`|



## 

||`Incoming`|`Resources`|`Movement`|
|---|---|---|---|
||`resources`|`expended`|`in funds`|
||`£`||`Σ`|
|`Unrestricted funds`<br>`General fund`|`601,494`|`(321,744)`|`279,750`|
|`TOTAL FUNDS`|`601,494`|`(321,744)`|`279,750`|





||`Detailed Statement of Financial Activities`|||
|---|---|---|---|
||`for the Year Ended 31 March 2025`|||
|||`31.3.25`|`31.3.24`|
||||`£`|
|`INCOME AND ENDOWMENTS`||||
|`Donations and legacies`||||
|`Donations`||`89,025`|`500,000`|
|`Investment income`||||
|`Deposit account interest`||`12,469`||
|`Total incoming resources`||`101,494`|`500,000`|
|`EXPENDITURE`||||
|`Charitable activities`||||
|`Stem Day Costs`<br>`Grants to institutions`||`39,292`<br>`2,000`|`55,676`<br>`4,000`|
|`Grants to individuals`||`45,000`|`37,000`|
|||`86,292`|`96,676`|
|`Support costs`||||
|`Management`<br>`Telephone`<br>`Postage and stationery`<br>`Promotional activities`||`600`<br>`30`<br>`11,401`|`51`<br>`48,841`|
|`Travel `**`and`** `subsistence`||`4,514`|`1,063`|
|`Administration costs`||`10,319`|`1,670`|
|||`26,`**`8`**`064`|`51,625`|
|`Finance`<br>`Wages`<br>`Social security`<br>`Pensions`<br>`Bank charges`||`42,383`<br>`4,881`<br>`1901`<br>`1,330`<br>`139`|`8,964`<br>`122`<br>`923`<br>`95`<br>`122`<br>`132`|
|||`48,733`|`10,1114`<br>`ス`|
|`Governance costs`||||
|`Accountancy and legal fees`||`1,440`||
|`Total resources expended`||`163,329`|`158,415`|
|`Net (expenditure)/income`||`(61,835)`|`341,585`|