2023-12-31-accounts

REGISTEIIED COMPAMY NUMBER: 07006082 (England and Wales) REGISTERED CHARITY NUMBEIL" 1155726 forth• Year Enthl 31 DoC•m￿l 2023

Contents ofthB Flnanclal Slat•m•nts Report ofth? Tvuste•s 1 to 6 IrthpMd•nt Ex¥mlnerf$ R•port Statwnenl of Flnanclal Acllv5 Balanc# SI￿•1 Notès to the Flnanclal Stal•me 10 10 14 Detslled Slalom•nt of FlnanGlal Aclmlk 15

The twsleos who are also directo￿ of the charity for the FKtrFfjSOS of th& Companies Act 2006, present Ihwr report wllh Ihe rinandal slalements of th8 chty for the ￿ded 31 Dttèmbtr 2023. The trustees have adop1￿ the provision5 of AccoLmting and Reporbng by ChaFilie5: Slalernenl of Re¢Nfrnr¥Jed Pra￿lce appl¢ablè to charities prnparing Iheir unts in accordance wilh the FinwKaal Repoiting Standard applcaL4e in the UK and Repubk of Ireland (FRS 1021 leffectNe 1 January 20191

for th• Yw Ended 31 D•¢frm￿l 2023 OBJECTWES AND ACTIVITES Purp05e af Gr•at8st Exp•ctallons The p￿Vent￿)n or religf of poverty and fmancial harthhip Tees Val￿Y by pro￿thng w assl$tig In the proyi5ion of adult education and trakning. creative projecls and Ihtt necèsw support thgr)ed to enabl? p8opl& to general& an income and b•come seifrysuificienL To prOff￿1e socral inclusion fty th• PLknlic benèfrt by w•venlw¥J people trom bp¢On￿￿j socially excluded, rèlièvig tho needs of those pètsp￿ WA￿ aro socially exthded and as5i5ting them to ntewdlè Mito society. 'Socialy exdudBd' is d$fined as belng excluded from swgty. or parts of society, a5 a resum of of morn of Ihe lollowng faclor5.' unemployffnL- financial hardship: youth or old age; ill health I physical SNI mtntsl }- SLthl8nce atyjse or depend¥w Includlng alcohol or dwugs: dlscrfmknalion on the gr0￿d5 of sex. th$•Sility. ethn￿ orig￿, religion. bali8f. creed. sexual ovienlabon. or g&nder re•assignffnl.' poor educalion81 or ￿1$ attainmen( relabonshy famity bfeakdomm: poor housww (that is hOu￿ng that doe5 riot nwt h8biiabk slandards},' c￿? (eittw a5 0 vKtwn Df LY as an olfender ohAbilhaling Inlo soraetyl. Publlc Benvfit In setting the chanty's obpctives and its aclibrylies. the tru51ees hwe t•ilh dLrty lo ha￿ r•gard lo giMdaThx publlshad by thè chaT￿Y includwwJ benefft 9￿￿. We exist for the public be￿rrt ky promotè Ihè •(kxation of people of ￿Y age in the North East of England in such vRys the charily Iruslees see fiL inclu¢YirwJ by Pr￿￿￿)n ol gducalkn to prepare for oc¢upalion. trgd• or profession on leaving any education eslablishment. Ov•Thl¢w GTealesl Ex￿18th)n$ has been helping local. unernpbyed Peop￿ ¢0 rTM)¥e doser lo the lobs markel through seclor and •mployablllty provision since 2009. We are pro8clive ￿ rpspwse to Ihe needs of k>cal pèoplè and thmF4oyers needs with training solulions whlth18ad lo ￿al and p05itwR (wJtc¢ The development ol employablity sklb is a pri¢ty in l•amirvJ pattrMBys. (Xw mis￿n is to give a uYounthrvJ ￿ the kind of skills required by employe￿ and Whe￿ possible provide valuable VTJrt experience opporlunities which can b8 a blg help In nproving confiden¢¢ and mollvathjn. L[￿llY our serV￿S contribute tD th& prevention and relief ol ￿verty in the Tees Valley by a$$isllng wth educalional. IraInK￿ aThJ heamhrae wtryects. arrfl g¥ing other swyort to •nabl• p8opla lo generale an incomo and b8come sell-sufficienL We kn￿# thal Ihere are b•rnfils to ￿arnIv. not least ol ￿ lh¢ Incrnase in confidenco èThl pwsonal fulfflmenl, motivation arKI OV?￿11 quality of life. Our awn is lo e¥Kourny• our le￿ to become members of and to prorrK)le Ihe elh05 01 funda￿ntaI Britbsh Vdues in thow Greatest Expadallons has a S￿gty Yested inlerB5t kn Fvcfflolkng the local aNI naiitin81 •conoffAes by wppNting peoplè lo overcorne 'soaal barriers-, wF¥ch is a km used lo highlight inequalibes e￿slIng be￿¥een individual$ for dllferent raason5. i.e. socloecorrf)rnic stslus, r•kngiM, race. •Itr￿d¢1ty or￿￿Je1, and ¢XAcethied by the cUT￿nI dimale. Greatest Exppclations is a proponenl of c￿labora￿￿ Mainlalr￿ l(ry slandkng rnlailon5hips vAth our wme lunder and a fittfv￿rk of loc￿ wJari5atKffls, vknith often en8b￿ kamers to expethte Ih•k move Into employmenL Leamars ar8 at th8 heart of all deci￿0￿￿. Our commitment to ex¢eplional information. •JvicB and guidance has been undèrpinned by Matrix accr¥dilatr•n sbice 2015. whe￿ prvvid& he￿ aThJ SUFsJrf ￿ VAII use our nefv￿rk lo reler lo an altemative. K•y Alms of GTrate5t Expectatlons . To help peoplo to ￿lkI bètt•r tives 8nd To unlock Indr￿dUal potenli . To pliminale ph￿Ical arbd psy¢htihJwl b￿1•[S to as far as possible To inspire. motivate and thalbry? To priofitise eMploY￿lI1ty and softer skllls, In¢k￿￿9 tfjnfiY•nc• and self4Jekel To ensure leaching. 1￿mIng and assessmenl ?re of e￿p1k)nal quality To ensure all subjecls ar8 Televant and contoxtual to Ihe area and thè n8¢ds of l(Kal people emplo￿15 - To ensure tho learner is al the heart of ejjrrkn￿M pknwvj Page 2

for the Ygar Ended 31 D•c•mber 2023 . To engeThJer a s￿￿tiN%, cdlaborative eNmnm•nl whkh Is safè arml lo al - To rThJnilor our inlemal prO￿ss•S and systèms so are fil for pwp05e To provide ex￿PIlOn31. bespoke infomiouon. ￿V￿e and guidar - To use every pwtical tool posslble to combat stress, lonelwws arml isolation in fgamers To ¢ulltvate key relatlortships and create new tYJ5Th55 opporlUn￿¥$. gnsuring a s￿lainable fithirè for &•al•sl Expèctations . To continue lo invest in ow empk)￿•S. w￿￿Ch our iewtslion and th? quality of d•llvory lo lewner5 . To maint8ir) excellèncè in t￿Sin•$S pracllc8s are mindfid of. and pwTh>le. our¢h8rlBble alms STRATEGIC REPORT hle¥•ment and perfomianc• The charity has successfully athieved its ￿lgatI￿5 thr{x￿h delivery fc MIdd•sbro￿Jh Colle9e under Adult Education Budget and the TBe5 Vloy and out of area. As a C￿l￿￿¥ty OTgantS8tion wlhin one of the ff￿st dewived areas of the UK ￿th eritical thls of poverty. we haw strived to ffEel the ch￿n￿5 ¢reated by eC0￿MiC urhcortainly and th• l•gaey of pand•mlc. wth personalised tra¥i¥¥J aThl s￿)1￿1 in tIRse ¥eas.' Employability Skilly - Mental Hp81th A￿Tene$S - Cuslomer Som¢¢ - Preven1KJn and Control ol InlaclK - WorèhoLtsing Levels 1 and 2 - Dri￿n9 GC￿d5 Vehicle5 Quallty Assuranc• W• m8et our ams Ihrough quality inlemal 7hich Is shared by the whole leam. W? havg gslabllshed robus1 systems and processes Ithich support •xc•plional t8aching l•amirnJ aNI asSes5rr￿nl. and akn akwdys that our se￿￿e3 bè supporfive, informalivtt accèssib￿ and maktt LL£O of feedback from leamer5 10 identify areas of excdlence aTrJ drive continuDUS ￿]f￿¥MPrD¥ern?nL Fewjback Is used to infonn our annual Inwrov8menl Plan and Sell Aw#ren&ss Review. W• also continue to receNe stroThJ leethad( exloma qu• assurarKe viyils aThJ sam￿N9. and gffective quality urance r¢assures leamers in the (wlity of our Servic￿ and faci￿tate Ml￿110nn9 and improving effidency. This keeps US competitbve with &milar organis8￿n$. Wè ha￿ crnated products 5eryice5 vknich n￿t sult leamer expectations. re5ulling in a largg nuwwJer of pei>pt¢ who reium to Grnatesl Eyped8tThs to F￿rass. Whgn m&8surlng success we corwder the Ivnns ot rnFrfKfirvJ and intemal aNn$: - QualSty standards ad4Bved . Whether it h89 nt th• M•ds oflh local comThMMty Y￿u5ti￿5 - Workforce upskilling - Equality and Diversty (neets & targets) - E¢ontNnic growth - Cultural and social im￿1 As a fin￿CIallY organisat￿. ￿ o)nlinwJsly mDritor quantifs 8rJ assess8$ achl8veff￿nts, pn)gr•ssitin ratès and cuslomer satisfacthorLStrwJ feedb￿ Is a key to securiry ILry￿r fvndiry. Th15 data wll ultin81•ty help in the WE￿13b￿n of a self-asse35menl repNL hèlp in assessing wxliwdual staff porfom)ance. Equalltyand Dlv•rnlty MiddlesbTough 1$ 8n especially dIVe￿e t(Y•￿ and delivery engages a thverse aFKI r¢prnsenlative grow) of 1•8m•rs. Greale51 Expeclallons stmngly believes in equality of oppOrt￿lty for all. arKI ensurn British Valu￿. Safeguarding and Prevent are embedded into the ￿J￿1￿￿1Urn arwl Inducllon. We stsive lo ueate a of respect and dMJnlty where evèryone is welcome and 1ndiw￿81$ arg free to rase diseuss isS￿S oper. We monitor avareness of Ihis Ihraugh tho individual leaming Pl￿ al key points on Ihe prcwrnme. and *vler Impact thrO￿h ¢h• l•amerfs awarene￿ ol Bquallty and diveNty and how lo conlritrtrt• elledNety lo Bfili5h Ile.

for th• Year End•d 31 DEc•mbor2023 STRATEGIC REPORT Flnanclal revlew Greal•st E¥pectalions source of lundlny this year has teen from our contraet with Mi(hJje5brou￿ College. Incom8 has also bèen supplemenle(I with small s¢de conlrdcts. together 7hith dBablity •¥argrnss trnining and first traln¥¥J. Middlesbrough Collagè hav8 had a change in Ihe¥ strategy v￿th alftM)st total boss tsf any $ubcontractor5. Grpa10$1 Expedal1or￿ no a¢1 as a sut￿Onirad0r wilh Mi(kllesbnwh Couege and ha5 therelorp had to implemenl thè r•s•rv•s policy. Reducthin in income frorn mId(le5br￿ Col8p from Awl ha5 noCessi￿ ￿trO a ol ow Chqty Rese￿05. Th¢ not r•suit for lh• year was a defKXt 01 £2,32312(122: defd of £34H)1). At tm ¢nd of Ihe ￿ar ow reseN¥s St(X￿ al £105.206 {2022: £107.5291, wMch consists of£105206 urneslt￿ fwMIs.1202t£107.529 unreslricled). Reserves Polky 11 is ihe policy ol Gre8teg1 Exp•do￿OrY1 thal ￿ unrestricted IvnLts have not been degign8led for a speclfic use shO￿d be Ma￿ts1n￿ at a lÈvel equivalent of ￿ to three Th￿nth'S fill￿e expendilwe. Th8 tr￿l￿$ conslder that resem5 held at Ihi$ 10N￿ ¥nl enswo lha( in the eTrpnt ol a fthther slgnfficart drDP in luNllrvJ. VAII ￿ able to eonlinu8 our cwrerbt aC￿VIlle5 vknile ¢onsld•rdtK)n bs gven to in additional funds may b& raked. This18vel of reserves has been mainlalmd throughoLEI the yew. The aTrwJunt curronuy hetd Ls £105,20612022: £107.529}. Futurn Plans Thgro aw undoubtedy ch￿Ienge5 Ithch affecl ftwKlin9. x ￿11 as by the ￿j0￿)9 ￿$1 of li￿n9 Crisis in a p051-pandomk worfd. Another layer ol rthalEewe5 are 8tbJed wilh the vrar In UkrnI￿, hbah in￿110n and rising fuel costs. All of ￿lch impacts negalivety on household and t￿￿￿sseS. as seen by the wK¥ea5ed us0 d food banks aThl numbèr of businesses cb)sing or downsiang. There are also ongoing Issues decreased leamer engagth￿l in the Iraining secw as a W￿1•. arHI whle we have thays r•s￿ded robuslty lo thi5 type ol thallenge. ￿ are n no way mplactnt to task ahewj in o￿ler io sustaln our charitobl• endeavours. Plans for 2024 include- - Increased B￿rPnesS and plans to ad¢tre5s the of povarty in ihe Tees Valley - Provision of tralniNJ aThJ SUFVOTL and easin9 soci￿ i￿13110n. ihrouth mEnlal health a￿￿OneSS training IrKIL￿11vJ ￿1rkIng wilh various support hLth and kKal employer5 . To sourc& new Stre￿S olfunding to ensure Grealest Expectalicrt ¢w lo f￿fil its awng STRUCTUR￿ GOVERNANCE AND MANAGEMEKr Governlng Document The charity is controlled by Is goveming do￿nl a da•d of bwL con51ilute8 ¥ corrpany, knited by guarantee, as defined by tho Companies Act 2006. R•cruttment and Appolnlmwtt of N•w Truste•s Thè board of tru51ee5 hay ¢0 qjpoint a*l￿On￿ Inthe$ as il ecfftslders appropriats.

Report ollh? Tn￿teS UCTURE, GOVERNANCE AND MANAGEMENT Organlsatlonal Structurn The TnrnleeB a￿ resp(Misknle lor strategic If¥ect¥￿ pcy of ¢fA)V>￿ arKI lo ensur• that It m••ts its legal raquirèmants. Thè Manag1￿ Director is supporttd by tha Dirncior and Busine55 Developmenl Manager. The èveTrg9 nLwnb8r of employees Ihroughaut the year was 10. bui ￿t Iwited lo tuttys Inkmal quality assurance. ?dmlnl$lrdlors and employerAe?mer engagement kam. Pay Pollcy For Senlor Staff The Truslees ojnsider Ihe sènior managtmtnl tèam Ihe key managemenl pèrsonnel of Ihe charity. in chwye of diro¢ling and conlro1l￿g, running opsrallng the company on a daily bègs. Th• pay of senior staff revi9￿d annually and normally increased in line wlh Inllatlon. based on the benLl￿ of sinwlar ￿niSatIOns. Recruliment 01 New Trust•as The number and skills ol Tnjslees is rewEEd 8nd any gaps identified. An •yJsllng tNsle• would approach 8ui18b candidal8s be inwled lo Bttend Iru$l¢e$' meelings as djservets, befort being fomally inviled lo be¢om& a lrnslee lo110￿￿j disojssicffls avKI the of refwencts. Tnt5tee< re(¥LNti￿nI ¢ boll￿ ty the sam# fatr rncrullm•nt processes as slaff. Inducllon And Tnknlng or N•w Tru¥toes A Trustee's inductitin eovets Ihelr legal owaltons uryjer CTr￿￿ty arnl ccwnp￿Y laws, rtslÈs And rospmsibllties, organisational structur?. health safety and al C￿panY polirAes and procedures. ernpha5i5 on Egualty & Diversty, Heallh and Safety Quallty Assurance. T￿￿e8 8r• bound by th• same confidentk21Ay agreemfynl as members o151aff. Rlsk Management & Trust•O8 Grealesl Expectations. Trustees bound to re¥iew any polenlial risks Athich the chwity may be exposed to. and lo ensure that the 8pprowole pr￿eSSeS we in pk(* to Provide FWDteclw against fraud. Tru51ee$ arè aware ol the potenl¥?I iisk5 to Ihe charity Iflnandal other ￿es) and has stralegi¥s ¢0 ¢rth or minimi8e thèsè risks. are rewlarfy REFERENCE AND ADMINISTrATIVE DEfAL8 Reglstered Cornpany number 0701A082 (England ar￿ Wales) RegSslerèd Charlty wmber 1156726 Reglstered offic• Calvary Fknuse 3640 Grange Road Middlesbrough TS1 5BQ Trustees Mr W H Guthrie Dir¥¢tor M J Lilhgo Director E J Oonnally Director Company Se¢vgtary rs V G Gut￿1?

for the Year Enth￿ 31 D•c•mb•r 2023 REFERENCE AND ADMINISTRATIVE DEfAILS Indèpèndent Examlner Alan Rlchard Cousins FCA Cousins & Co Llmiied Chartered Acccmjnlants 18 Brenlnall Street Middlesbnju Cleveland TS1 SAP Bankevs HSBC Bank pk 60 Albèrt Road Middleslwvugh TS1 1RS Aeetsuntanis Cousins & CD Limited Chartefed A¢¢ountanls 18 Brèntnall Strn81 Middlesbrough TS1 SAP Mrw H Gtrthrfe Is Ihe charitable eompanls IAan•3irwJ l)weckr. Report ￿ thn8ps, i￿r￿tIng a strategic repc￿. wo%*d by crfdgr of Ihe board of Iw$te•s. as th8 company direclo¥5. Irus on 13Sepl er20 4 and sign•d on boartts behalf by. Mr J LI￿O- T￿￿te8

InthpqThlent Examln•rfs R•port to th• Trustees of GTratsst Expatiat￿ Llmitsd (Raglsl•r•d mxnber. 071J06DB21 Independent examlnees r¢pDrt to the trusiees of Gweat•st Exp•ctatlons Llmltpd {Ih• Companrf) I rèport to Ih• tharity INslees on my ex•Thnation ol the accounts ol the Company for ihe ytrar ended 31 December 2023. R¢spvns#JllltlM and bJ519 of report As the chariiY5 Irustees of the Company land atso Is forthe wptssos of conwany lawl reSp￿s￿lI? for tho prnpardtkn ofth• aecounls in acco￿ ith ts wuThnpnts ofthe Compgns Act 2006 (Ihg 2(KJ6 Art Havlng satisf￿d mysèlf Ihat thè accounis of the Coryany are nol rnqui￿ lo be wdiled urthr Part 16 01 the 2006 Aci and are eligible fur indEpswwJenl exarn1natic￿, I reF4xI in respect of ffly examwlion of your Chari￿$ accounts as carried out under Sectim 145 of the Charities Acl 2011 Cth• 2011 ACVI. In C￿n9 (Mrt my examination I folod Ihe Directions glven by th• Charbty Cornmisgion under SOCI￿ 145(5) {b)of the 2011 ACL Inde￿ndent gxarnlnorfs statement Since your charity5 gross I￿ome exceeded £250.OIXb •yAfThner bp a memberofa Ibsted W. l confwm Ih81 1 am qualified lo undertake the examIna￿on because l •m a rnember ol ihe Instsiule ol Charlered Acc￿m￿n{S In Er4Jland and Waley, whkh Is of th8 listed bo(lie5. I have completed my ex8nMnation. I confvm that no fflallerB come to my atlenticm in connecllon Vlith the •xamknalK)n gNlng me cwse lo bdi?ve: CoUn￿g r8cords re nol kept in rBspg¢1 of Ihe col￿nY as ry•d by SectM￿ 386 oftha 2006 A¢ the account5 do not accord V•ryth IIK)se records: or the xwjnts do Ml wilh the a¢xounlW￿ requY•))ants of Sect￿n 396 of 2006 Acl othor Ihan any requiremènl that lh• accourts gbve a In￿ f ¥1￿ 15 rvjt • nwtler ¢￿s0dered a5 Part ol an SThJ•peThJent examirhathon- or the accounts have not been prnparod li acccydance ￿th the metlKJs ard principlBs of the Slalemènl af Recomm8nded Practice for acrountNig aNI reportiw by ¢h¥itiès (appI￿able lo chariues Wep￿ng their accounls In aceordance wth the Repo￿n￿ Starmlard appkable Mi Rep￿ of Irèland (FRS 102)). I have no concems aruj haw ¢om• a¢n)ss no Lthr maller5 li corn￿ ¥ith the exwThnalM)n lo vthlch attenbon should b8 drawn In this rBPOrt ￿ D￿er to enablB a woper of Iho accw45 to be rgached. Alan RiGhard Couslns FCA Th6 Inslllute of Chartered Accour4ants In Erylwwj W Couslns & Co knmited Chartered Accountants 18 Brentnall Shel Middlesbrough Cl•￿18r¥￿ TS1 SAP 13 September 2024 Pap7

(Incorporntlng an Incom• and ExpgndltuY• kcounl) for the Y•ar Erthd 31 De¢wnb•r 2D23 31.1223 31.12.22 Tolal lunds fvnds INCOME AND ENDOWMENTS FROM Charltabl• actjvltles pn￿$1￿n of •￿ealion and tsnin9 344.752 344.752 445,140 expENDmiRE ON Charitable acllvltles Provlsion of edu¢atlon and trair*¥J 347,075 347.075 479,941 NEf INCOMEI(EXPENDITURE) 3Z3) (1323} 134.801) RECONCIUATION OF FUNDS Total lund5 brcMJghl lorymrd 107.S29 107.529 142,330 TOTAL FUNDS CARRIED FORWARD 105206 105206 107,529

GrnalKt Expe¢t•tions Lhnli•d IRegl•lernd numb•r. 07D06082) Balanrn Sh•et 31 Decornbw 2D23 31.12.Z3 Tota 31.12.22 Total lunds rwjs fund FIXED ASSETS Tangible assets 10 5.782 5.782 7.709 CURRENT ASSETS Cash al bank and in hand 105A61 105.561 115,998 CREDITORS Amounts falling duB wthln or* y•w 11 16,13n (6.137) (16.178) NET CURRENT ASs￿s 99.424 99,424 99.820 TOTAL ASSEfs LESS CURREKf LIABiITES 105. 105.206 107.529 NEf ASSErs 105. 105,206 107.529 FUNDS Unr•slricled lund5 12 105,206 107,529 TOTAL FUNDS 105.206 107.529 Tha charitable cornp￿ Is enlllled to exenwt#)n ftryn under Sedvm 477 ofthe Cornpan￿ Acl 20￿ for thè par •nded 31 Decembor 2023. The mwnbers have nol rnqu￿d comwy to obkkn an aLKSt of ils 51atemtrnts for tho ￿•r wded 31 D¢cember 2023 in accord￿¢• Seciion 476 of the Ad 2006. Thg IruslBe¥ a¢kno4￿edge their rwonsl￿ties for la} en$uring that the chariwe Comp￿ keeps 8C&Xmttr#J rec￿d3 that clynply sactic￿ 386 and 387 of th8 CompaThes Acl 2006 and epar#w financ￿1 $lalemnls vthich give a true and f&r view of slal• of affai￿ of the charslable ¢(￿panY 0$ al Ihe end oleach finAnci81 year and d its surpkn or deficit for frnancial year in o(£onlance with the r¥qulmment5 ol seC￿n¥ 394 and 395 and wFMch othermse cornpty wlh lh& requyements of Ihe Comparwes Aet 2006 relating lo rinancial 5ts1em&nts. 50 far as to Ihe charilabb Ib) These fin8ncial slaiements have been prep￿ed wi x¢Ndafi￿ the prnthis applicab￿ lo charbtablB companles 5ublèct to Ihe small coryanbas regSm•. The financFI stsl•monts Mrre approved by thè Board ol Tn￿le?5 for Issue on 13 Sep1ember 2024 and wero slgn•d on If by.. M J LithgD- Truslee

for the Y•ar End•d 31 Dec•m￿r 21r23 ACCOUTrrnNG POLICIES Basls ol wvparfng the finandal stal•rn¢nts Tho financial stalemenb of the charitable ojmpwry. wNch is a publi¢ bènefil enlity under FRS 102. have beèn propared in accordar£• with Ih• Charities SORP {FRS 102} 'A(>xunlity ynd Reporbng by Charfll&s'. Slalemenl of Recommended Practi¢e applicable to charili•s preparir¥J their awDunts ￿ ao)Jrdanc• Financial Rpportlng Slandard ¥ppllcable In the UK Rèpublic of I￿land {FRS 102) {effecb¥e 1 January 2015y. Financial Reporting standard 102 The Financial Repurting S￿da￿ appIl￿ble in lh• UK and Republic of Ireland, KI thè Componi•s Act 2￿6. The finarKial Slatem￿ts have teen Fryar•d ur4lèr the his￿lE&1 ¢ost conventKffl. Al Ihe time of appro￿ng the aCt￿nIS rrL￿IeeS ha￿ a rÈasonablè oxpectatK)n thal the chaiity edBqual? resources to continue in operayon￿ exlstence for for￿¢able future. th• trusl•8s ￿￿tinue lo lopt ihe In¢om• All In￿Me is r•cognts•d Stslemenl of Fmanclaj Acts¥rylies charity hb5 •r￿llemen1 lo ￿ furKIs, I is probable th41 lh¢ ir)come will be rwived and the Ban b¢ measured reliabty. Expendllure Liabilities are ￿OgniSed as eypenthtLW8 as soon as there bs a legal or construelfva obligation cornmltting the charity to that expenditure. rt is probable that a transf¢r of econcrfTlc benefrts wll bo required in $elll•mènt and the amount ol the oblwalon can be ffleasurtd rdiably. Expendilvre 15 arxounted for on ￿ accruals basis and h8$ boen cla55ffied under heading5 Ihal aggr8galg all ¢osl relaled to the calegory inclusive OlVAT￿￿1ch cannot be rcov•rad. Where costs cannot be di￿1]Y attrityjted to pariitxkn they have alth&ted to è¢brfes on 4 basls consistent usa of resOU￿S. T•nglble fix¢d assèts Depr8datlon1s provide¢J al Ihe fdlwry annual rates to vAile off each 855el ovw Its eslimaled tsg•ful Ila. FLxtures and ritty￿S . 25% on thin9 bala￿ T¥xat6on The charity Is exerry>t from GorwalvJn laKon Ms acll¥rf￿S. Fund •¢countl Urnst￿ted fvrKIs can bg used In acconkn y￿th thè tha￿able al the thscretiJn oflh? truslees. Reslricled funds ￿ only be used tor p•ticutar restricte(I purposès vthhin the objocls of tho charity. R¥strKlions ari￿ when swfied by the rJ)nof funds raised for particular re51ri¢tod purposes. Furlher explanation ofthe natL8 and PLYpose of lund is inLMled ￿ th? r￿leS lo the fm8nckl slatementS. INCOME FROM CHARffABLE ACTivrnES 31.12.23 31.12.22 ddl8sbrough CollegB HBC Grant Olher Income Kickstart Grant First Aid Grdnt g Lottery 332.519 5.193 7,040 NIL NL NIL 346,861 6.483 NIL 79,936 344,752 445,140 Incomè fmm MithJle3brwgh College we under Educatwjn and Skllls Fundiry Agency for the pmislon of edU￿110n and Iraining to leam•rs. HBC is lo a5Si5t lÈam•rs obtan skils for futwe emPl¢)￿l.The other income Is for disability training ar￿ fvsl akl trainir¥J lo the Iwsporiaiion seetor. The lQckstsrt In￿me ceased in lfr previous yew ¥nil prowded lurKfjrvJ to crnale new hib5 lor 16 to 24 year )Id on Universal Credil who were al risk of long lemi unemployrr*nl. Pap 10 conthnuod...

CHARITABLE ACTMTIES COSTS Direct Costs {see te41 Totsls Provision ol ed￿atIon trnlnlThJ 344.939 2,136 347.075 DIRECT COSTS OF CHARrrABLE ACTMTIES 31.12.ZJ 31.12.22 Slaff costs Rent Insyrnnc M)lor expenses Tdephone Poslag8 and slallon8ry Computer 50ftwH• SurKlrips Trnining Prolesslonal fees Depreciation Iniere51 paya￿ and slmlar charges 155.530 32,921 267.996 .402 2,203 1.564 4241 1289 1,830 1,198 105,386 36.649 1.927 5.550 3,397 3.302 2,414 ,390 41,034 2.155 344.939 477.885 NEf INCOhlW(EXPENDifvRE) Nel incomel(exp2ndliur8) Is 51aled after th¥9￿[¢re￿N￿). 31.12.23 31.1222 Depro¢i¥tlon- omied 1.927 2.155 TRUSTEES. REMUNERAnON AND BENEFrrs In 8wdanc• the exFxe55 aLthtyy in a re$okit￿ of the BOB￿1 of Tfttstee& Ph W H Gthie was Sn Position of pald eMplO￿ent durkng Ihe yearilh a grg5s salary of £55,737 (2022.. £56,995) vthkh knckmled n8llonal Wlsurnnce. Trus¢e•$' OXP•MeS There were no Irustees. eypenses lor t￿ yw ended 31 Decernber 2￿23 nor fty the yur ende(I 31 December 2022. STAFF COSTS The avernp monthly r￿l￿)er0f￿w the ￿rWa$ as folkms: 31.1223 10 31.1122 10 Administrollon ND amployees received wlumenls ex(ss of £60.ONJ. Page11 ¢)ntinued...

Notes to tho Fln•n¢kl Slat•M•￿. conlknu•d for th• End•d 31 D￿rnber 2023 COMPARAMVES FOR THE STATEMEMT OF FINAMCIAL ACTMTIES Unrestricted R8st fund Tolal funds INCOME AND EN1)OWMEP￿s FROM Charllable acllvllle Provision ofeikThbon and trainlng 445,140 445.140 EXPENDITURE ON Charltable actlvltles Provislon ofeducalion and tralrK 479.941 479,941 NEf INCOMEI{EXPENDmiREI {34,801) 134,801) RECONCILIATION OF FiIMDS Total I￿XIS brought lorwaryl 142,330 141330 TOTAL FUNDS CARRIED FORWARD 107.529 107,529 GOVERNANCE COSTS Govemance costs ¥K4ude accountgrKy fees of £2.136 (2021. a0561 *Mch ¥KlutJes indepandenl examlner fee of£1,02012022- £1,020) 111. TANGIBLE FIXED ASSETS Fttlur•s and rrttin95 COST At 1 J¥nu•y 2023 aNI 31 Decern￿ 2 21.146 DEPRECIATION Al 1 January 2023 Charge lor year 13,437 1,927 Al 31 Decener 2023 15,364 NET 800K VALUE At 31 Oecember 2023 S.782 At 31 D¢cèmber 2022 7,709 Page12 conllnu8d...

Not•s to th? Flnandal Stat•menis- conllnu•d forthtt Yéar End•d 31 D•c•mber 2023 11. CREDITORS: Ah10UPItS FALLING DVEWITTrIM ONE YEAR 31.12.23 31.12.22 Trnde creditor3 Social security and othèr tèxes Accwed ewen5e5 1,602 2,495 10,139 2.040 6,137 16,178 12. MOVEMENT IN FUNDS Nei At1.1.23 lunds 31.12.23 Unrestrktsd funds G•neral lund 107,529 (2.323) 10S.206 TOTAL FUNDS 107.529 12,3231 105.206 N•t movemBnl n fund5. included In the ab[￿ are as fokn45: InLyJmlng Tesowces expended In lunds Vnrestrlcted fvn General fuThl 344.752 (347.0751 (2.323) TOTAL FUNDS 344.752 (347.075) (2,3231 CompaTatives fol mDv•m•nt In funds A11.122 In fiJnd5 31.12.22 Unr•strkt•d funds General fvnd 142.330 134,8011 107.529 TOTAL FUNDS 142.330 {34,801) 107.529 Compwativ8 nel move￿￿nI in knds. abm ¥• as fothxts: In¢omw Resource5 Movèment eyponded in luThJs UnreBtrlei*d lunds General l￿d 445.140 {479.9411 134.801) TOTAL FUNDS 445,140 (479.9411 (34,8011 Page 13 contknued..

Notos to tho Flnandal Statements . conthiu•d forth• Y•ar Ended 31 I)Ec•m￿r2023 MOVEMENT IN FUNDS-¢ontlnued A curyent year 12 mryths ar¥J wior >*ar 12 mr•ts CoMbh￿d pwlNJn ￿ a5 fofon: Nei movem•nl in fund5 Al 31.12.23 At1.122 Unr•strlcted funds Gènèral lund 142.330 137,124) 105.206 TOTAL FUNDS 142.￿) 137.124) 105,206 A currèrt y8ar 12 months wioy )Ear 12 mmths Coffl￿ nèl nvI•m￿t in fvnts, in Ihe above Bre 85 In(x>rning resowces Rosources MDYem￿l eypended In ILmds Unrestrlcted lunds General fund 789.8￿2 {827,016) (37.124) TOTAL FUNDS 789.892 1827.0161 137.1241 13. RELATED PARTY DISCLOSURES During the year the ¢tywany pold renl ofE23.tXrfI 121)22: £46.￿}} to a company contraled by Mr W H Guthrie. Page 14

for th• Year ErKl•d 31 D•cember2023 31.1223 31.12.22 INCOME AND ENDOWMENTS Charll#bl• a¢tlvltl•s Granls Provision of educalkn arKI Irglnlr4J 12.233 332.519 98.279 346.861 344.752 445,140 Toial Incomlng re50WC•S 344.752 445,140 EXPENDMJRE Charltabt• actMtI•s Wages Pensions Rent Insurarce Motor expgn5¥S Tèlèphonè Poslage and $t#)nery Computer softw￿e Sundries Training PTofes5ion81 feas DeprecialKJn oflangablg fixed assets Bank intgre51 146.693 8.837 32.921 259,097 8,899 50.402 2,203 982 4,241 1.289 1.830 1.198 105.386 36,649 1.927 60 3,397 3,302 2,414 98,3 41.034 2,155 344.939 477085 s￿pOrt Costs G¢￿maN¢• costs Accountwcy 1138 Totsl resourc•s eyrKlad 347,075 479.941 N•t èxpendlturn 12,323) 134.8011 Thls page does nol km w¢ of Iha slalthy f￿ben¢la1 slaternents Pay• 15