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$t*ig In the proyi5ion of
adult education and trakning. creative projecls and Ihtt necèsw support thgr)ed to enabl? p8opl& to general& an income
and b•come seifrysuificienL
To prOff￿1e socral inclusion fty th• PLknlic benèfrt by w•venlw¥J people trom bp¢On￿￿j socially excluded, rèlièv*ig tho needs
of those pètsp￿ WA￿ aro socially exthded and as5i5ting them to ntewdlè Mito society. 'Socialy exdudBd' is d$fined as belng
excluded from swgty. or parts of society, a5 a resum of of morn of Ihe lollowng faclor5.' unemployff*nL- 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$•Sility. ethn￿ orig￿, religion. bali8f. creed. sexual ovienlabon. or g&nder
re•assignff*nl.' poor educalion81 or ￿1$ 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 V*TJrt 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 V*loy 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$S
- Cuslomer Som¢¢
- Preven1KJn and Control ol InlaclK
- WorèhoLtsing Levels 1 and 2
- Dri￿n9 GC￿d5 Vehicle5
Quallty Assuranc•
W• m8et our ams Ihrough quality inlemal 7*hich Is shared by the whole leam. W? havg gslabllshed robus1
systems and processes Ithich support •xc•plional t8aching l•amirnJ aNI asSes5rr￿nl. and akn akwdys that our se￿￿e3 bè
supporfive, informalivtt accèssib￿ and maktt LL£O of feedback from leamer5 10 identify areas of excdlence aTrJ drive
continuDUS ￿]f￿¥MPrD¥ern?nL Fewjback Is used to infonn our annual Inwrov8menl Plan and Sell Aw#ren&ss
Review.
W• also continue to receNe stroThJ leethad( exloma qu• assurarKe viyils aThJ sam￿N9. and gffective quality
urance r¢assures leamers in the (wlity of our Servic￿ and faci￿tate Ml￿110nn9 and improving effidency. This keeps US
competitbve with &milar organis8￿n$. Wè ha￿ crnated products 5eryice5 vknich n￿t sult leamer expectations.
re5ulling in a largg nuww*Jer of pei>pt¢ who reium to Grnatesl Eyped8tThs to F￿rass.
Whgn m&8surlng success we corwder the Ivnns ot rnFrfKfirvJ and intemal aNn$:
- QualSty standards ad4Bved
. Whether it h89 n*t th• M•ds oflh local comThMMty Y￿u5ti￿5
- Workforce upskilling
- Equality and Diversty (neets & targets)
- E¢ontNnic growth
- Cultural and social im￿1
As a fin￿CIallY organisat￿. ￿ o)nlinwJsly mDritor quantif*s 8r*J assess8$ 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$1
Expedal1or￿ no a¢1 as a sut￿Onirad0r wilh Mi(kllesbnwh Couege and ha5 therelorp had to implemenl thè r•s•rv•s
policy.
Reducthin in income frorn mId(le5br￿ Col8p from Awl ha5 noCessi￿ ￿trO a ol ow Ch*qty Rese￿05.
Th¢ not r•suit for lh• year was a defKXt 01 £2,32312(122: defd of £34H)1). At tm ¢nd of Ihe ￿ar ow reseN¥s St(X￿ al
£105.206 {2022: £107.5291, w*Mch consists of£105206 urneslt￿ fwMIs.1202t£107.529 unreslricled).
Reserves Polky
11 is ihe policy ol Gre8teg1 Exp•do￿OrY1 thal ￿ unrestricted IvnLts have not been degign8led for a speclfic use shO￿d
be Ma￿ts1n*￿ at a lÈvel equivalent of ￿ to three Th￿nth'S fill￿e expendilwe.
Th8 tr￿l￿$ conslder that resem5 held at Ihi$ 10N￿ ¥nl enswo lha( in the eTr*pnt 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￿te*S
UCTURE, GOVERNANCE AND MANAGEMENT
Organlsatlonal Structurn
The TnrnleeB a￿ resp(Misknle lor strategic If¥ect¥￿ pc*y 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 Iwi*ted lo tuttys Inkmal quality assurance. ?dmlnl$lrdlors and
employerAe?mer engagement kam.
Pay Pollcy For Senlor Staff
The Truslees ojnsider Ihe sènior managtmtnl tèam Ihe key managemenl pèrsonnel of Ihe charity. in chwye of diro¢ling
and conlro1l￿g, running opsrallng the company on a daily bègs. Th• pay of senior staff revi9￿d annually and
normally increased in line wlh Inllatlon. based on the benL*l￿ of sinwlar ￿niSatIOns.
Recruliment 01 New Trust•as
The number and skills ol Tnjslees is rewE*Ed 8nd any gaps identified. An •yJsllng tNsle• would approach 8ui18b
candidal8s be inwled lo Bttend Iru$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 Compgn*s 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 folo**d 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 metlK*Js 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 r*cov•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 natL*8 and PLYpose of lund is inL*Mled ￿ 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 aLthty*y in a re$okit￿ of the BOB￿1 of Tfttstee& Ph W H Gthie was Sn
Position of pald eMplO￿ent durkng Ihe year*ilh a grg5s salary of £55,737 (2022.. £56,995) vthkh knckmled n8llonal
Wlsurnnce.
Trus¢e•$' 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 Decen*er 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 educalk*n 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
Insurar*ce
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