##
||Page|
|---|---|
|Reference and administrative details ofthe Company, its Trustees and advisers|1|
|Trustees’ report|2- 14|
|Independentauditors report on thefinancialstatements|15-17|
|Statement offinancial activities|18|
|Balance sheet|19|
|Statement ofcash flows|20|
|Notes to the financial statements|21
- 33|
|Trustees|Paul Webb, Chair (Resigned 30 September2022)|
|---|---|
||Michael Brown CBE DL|
||Jonathan Drake|
||Darren Cormack|
||Michael Smith, Vice Chair|
||Mary Quigg, Chair|
||Claire Schimmer|
|Company registered||
|number|8820018|
|Charity registered||
|number|1156046|
|Registered office|Duckworth House|
||Talbot Road|
||Manchester|
||M32 OFP|
|Company secretary|K Taylor|
|Independentauditors|Crowe U.K. LLP|
||3rd floor|
||The Lexicon|
||Mount Street|
||Manchester|
||M2 5NT|
|Bankers|Royal Bank ofScotland plc|
||Drumrnond House|
||Redheughs Ave|
||Edinburgh|
||EH12 9JN|
|Solicitors|Devonshire Solicitors|
||30 Finsbury Circus,|
||London|
||EC2M 7DT|
##
##
##
##
##
|The key activities within financial year|July 2021
—June 2022||
|---|---|---|
||July2021June 2022|July 2021-June2022|
|||Achievement|
||Target||
|People into employment|188 + 62 (250)|243 ÷57 (300)|
|% people from prioritygroup into|90%|96%|
|employment|||
|% ofthose employed retained for|80%|86%|
|minimum ofsix months|||
##
##
##
|Priority Group Definitions|||
|---|---|---|
||p||
|Ex-Cifender|candidates who have a criminal record.|This includes spent convictions.|
|SAME|Black, Asian and minority ethnic candidates.||
|Long Term Unemployed (6 months|Candidates who have been out ofemployment for over 6 months, any age.||
|plus)|||
|NEET (16-24)3 months plus|Candidates aged 16-24 who have not been In education, employment! or training far||
||over 3 months.||
|Non-traditional roles (i.e.! women|This is split Into 3 main categories:||
|into construction)|||
||•
Women into construction|(trade)”
- women going into a trade role i.e..|
||plumbing, electrical, joinery.||
||.
“Women intoconstruction (general)” —women going into non-trade roles||
||such as administration ortechnicalapprenticeships but within a construction||
||setting.||
||•
“Non-traditional gender into role”
— for example men into care werk or||
||nursing
and
women
into|engineering
roles
which
dont
fall
under|
||construction||
|Disability|Candidates who identify themselves as|having a disability either physical or mental,|
|50 plus|Candidates aged over 50 years old.||
|History of homelessness|Candidates who have at some point been homeless. This does not have to be street||
||homeless and can Include sofa survey?|ofno fixed abode.|
|In care/care leaver|Candidates who are either currently a ‘looked after child’ i.e., those In the care oftheir||
||local authority or have been in the past.||
|Military Service Leaver|Candidates who have spent time in the|armed forces i.e.! army! navy, air force, etc..|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2022|2022|2022|2021|
||Note|£|£|£|£|
|Income from:||||||
|Donations and legacies|3|-|100,000|100,000|625,000|
|Charitable activities|4|-|12,900|12,900|66,464|
|Investments|5|-|29,330|29,330|26,460|
|Total income||-|142,230|142,230|717,924|
|Expenditure on:||||||
|Charitable activities|7|35,511|766,137|801,648|628,459|
|Total expenditure||35,511|766,137|801,648|628,459|
|Net movement in funds||(35,511)|(623,907)|(659,418)|89,465|
|Reconciliation offunds:||||||
|Total funds brought forward||100,040|1,340,339|1,440,379|1,350,914|
|Net movement in funds||(35,511)|(623,907)|(659,418)|89,465|
|Total funds carried forward||64,529|716,432|780,961|1440,379|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2022|2022|2021|
||£|£|£|
|Procure Plus Holdings Limited|-|-|600,000|
|Reallies Limited|100,000|100,000|25,000|
||100,000|100,000|625,000|
|Total 2021|625,000|625,000||
##
||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2022|2022|2022|2021|
||£|£|£|£|
|Income from charitable activities|-|12,900|12,900|66,464|
|Total 2021|46,633|19,831|66,464||
|Investment income|||||
|||Unrestricted|Total|Total|
|||funds|funds|funds|
|||2022|2022|2021|
|||£|£|£|
|Interest receivable||29330|29,330|26,460|
|Total 2021||26,460|26,460||
##
##
##
##
||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2022|2022|2022|2021|
||£|£|£|£|
|Charitable Grants|27700|423800|451,500|404,100|
|Other costs|7,811|330,787|338,598|213,859|
|Expenditure on governance|-|11,550|11,550|10500|
|Total 2022|35,511|766,137|801,648|628,459|
|Total 2021|5,473|622,986|628,459||
##
##
||Restricted|Unrestricted|||
|---|---|---|---|---|
||funds|funds|Total|Total|
||2022|2022|2022|2021|
||£|£|£|£|
|Direct costs|35,511|766,137|801,648|628,459|
|Total2021|5,473|622,986|628,459||
##
##
##
|Charitable grants|||
|---|---|---|
||2022|2021|
||£|£|
|New Ground|76,000|60,000|
|Yes Project|43,000|27,000|
|Inside Connections|40,000|-|
|lnspira|38,000|22,000|
|We Mind The Gap|28,000|-|
|Midlands SV Fund|27,700|-|
|Broughton Trust|27,000|2,000|
|Salvation Army|23,000|14,000|
|Upturn|13,800|60,300|
|CommunitiesforWork|12,000|-|
|Volition|12,000|-|
|Wigan Youth Zone|10,000|20,000|
|Liverpool in Work|10,000|10,000|
|Cheshire Learning Partnership|10,000|-|
|L14 Community|10,000|-|
|The Jewel Foundation|8,000|20,000|
|Diverse|8,000|-|
|St Lukes|8,000|-|
|Spear Clapham Junction|8,000|-|
|Calico|7,000|45,000|
|Birchwood Centre|6,000|27,000|
|Humankind|6,000|6,000|
|Transform Lives|6,000|-|
|Conwy Employment|6,000||
|Your Own Place|6,000|-|
|The Message|4,000|4,000|
|St Georges Crypt|4,000|4,000|
|Working Denbighshire|(2,000)|14,000|
|Building Heroes|(2,000)|-|
|Street League|(2,000)|-|
|Other|-|68,800|
|Total grants made to promote charitable aims|451,500|404,100|
##
##
##
##
##
##
##
##
|Auditors’ remuneration|||
|---|---|---|
||2022|2021|
||£|£|
|Fees payable to the Company’s auditor forthe audit ofthe Compans|||
|annual accounts|9,150|6,600|
|Fees payable tothe Company’s auditor in respect of:|||
|All non-audit services not included above|2,400|1,800|
##
##
||2022|2021|
|---|---|---|
||£|£|
|Due within oneyear|||
|Trade debtors|2,093|2,875|
|Amounts owed by group undertakings|1,000,000|1,000,000|
||1,002,093|1,002,875|
##
##
##
||2022|2021|
|---|---|---|
||£|£|
|Trade creditors|22,571|70,000|
|Amounts owed to group undertakings|100,000|100,000|
|Other creditors|531|833|
|Accruals and deferred income|434,220|438,449|
||557,322|609,282|
##
|||2022|2021|
|---|---|---|---|
|||£|£|
|Financial|assets|||
|Financial|assets measured at cost|1,338,283|2049,661|
|||2022|2021|
|||£|£|
|Financial|liabilities|||
|Financial|liabilities measured atcost|556,791|608,449|
##
##
##
##
|Statementoffunds - currentyear|||||
|---|---|---|---|---|
|||||Balance at|
||Balance at 1|||30 June|
||July 2021|Income|Expenditure|2022|
||£|£|£|£|
|Unrestricted funds|||||
|General Funds|1,340,339|142,230|(766,137)|716,432|
|Restricted funds|||||
|Cumbria Restricted Funds|11,033|-|(8,000)|3,033|
|Women and Manual Trades|42,374|-|(7,811)|34,563|
|Midlands Social Value Funds|46,633|-|(19,700)|26,933|
||100,040|-|(35,511)|64,529|
|Total offunds|1,440,379|142,230|(801,648)|780,961|
|Statement offunds - prioryear|||||
|||||Balance at|
||Balance at|||30June|
||1 July2020|Income|Expenditure|2021|
||£|£|£|£|
|Unrestrictedfunds|||||
|General Funds|1,292034|671,291|(622986)|1,340,339|
|Restrictedfunds|||||
|Cumbria Restricted Funds|11,033|-|-|11,033|
|Women and Manual Trades|47,847|-|(5,473)|42,374|
|Midlands Social Value Funds|-|46,633|-|46,633|
||58,880|46,633|(5,473)|100,040|
|Total offunds|1,350,914|717,924|(628,459)|1,440,379|
##
##
##
##
|Analysis of net assets between funds - curr|entyear|||
|---|---|---|---|
||Restricted|Unrestricted|Total|
||funds|funds|funds|
||2022|2022|2022|
||£|£|£|
|Current assets|64,529|1,273,754|1,338,283|
|Creditors due within one year|-|(557,322)|(557,322)|
|Total|64,529|716,432|780,961|
##
|Analysis of net assets between funds - prior|year|||
|---|---|---|---|
||Restricted|Unrestricted|Total|
||funds|funds|funds|
||2021|2021|2021|
||£|£|£|
|Current assets|100,040|1,949,621|2049,661|
|Creditors due within one year|-|(609,282)|(609,282)|
|Total|100,040|1,340,339|1,440,379|
||||2022|2021|
|---|---|---|---|---|
||||£|£|
|Net income/expenditure for the year (as|per Statement|of Financial|||
|Activities)|||(659,418)|89,465|
|Adjustments for:|||||
|Interest received|||(29,330)|(26,460)|
|Decrease in debtors|||782|1,504|
|Decrease in creditors|||(51,960)|(281,688)|
|Net cash used in operating activities|||(739,926)|(217,179)|
##
##
##
|||2022|2021|
|---|---|---|---|
|||£|£|
|Cash|in hand|336,190|1,046,786|
|Total|cash and cash equivalents|336,190|1,046,786|
##
||2022|2021|
|---|---|---|
||£|£|
|Opening balance owed to related party|(102,000)|(86,000)|
|Accrual movement during the year|(27,000)|12,000|
|Amounts invoiced by related party|(50,000)|(72,000)|
|Funds Paid to related party|78,000|44,000|
||(101,000)|(102,000)|
##
||2022|2021|
|---|---|---|
||£|£|
|Opening balance owed to related party|-|(52000)|
|Accrual movement during the year|-|32000|
|Amounts invoiced by related party|..|(34,000)|
|Funds paid to related party|-|31,000|
|Closing balance owed to related party|-|(23,000)|
##
##