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2022-03-31-accounts

Education Support Trustees’ Annual Report & Accounts For the year ending 31 March 2022

About Education Support

Our mission is to improve the mental health and wellbeing of teachers and education staff. We believe that better mental health leads to better education.

We support individuals and help schools, colleges and universities to improve the mental health and wellbeing of their staff. We also carry out research and advocate for changes in Government policy for the benefit of the education workforce.

Our free and confidential helpline is open 24/7 on 08000 562 561 and is staffed by qualified counsellors. It is available for everyone working in education, including support staff, lecturers, administrators and teaching assistants.

Call us. We’ll listen.

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Contents

Contents
Chair and CEO report ** 4** Instagram live 18
Our Objectives 5 Our Research 19
2021-22 Delivering our Services 8 Teacher Wellbeing Index 2021 20
Counselling 9 How we raised our money 21
Financial grants ** 10** How we spent our money 22
School Leader Wellbeing Services in England 11 Quality Assurance and Impact ** 23**
School Wellbeing in Wales Programme ** 12** Legal and Administrative Information 24
Increasing our reach 13 Objectives and Activities 27
Our new website 15 Independent Auditor’s Report to the Members
Online events 17 and Trustees of Education Support Partnership 31

Staff at the university of Essex

Chair and CEO report

Whether we were providing counselling, financial support, supervision or peer support to education staff, the stories we heard over the past year share many common themes. If we had to label it, 2021-22 would be the “Year of Exhaustion”. On countless occasions we have worked with educators who have been brought to tears by the relentlessness of the past two years. The period from November 2021 to February 2022 appears to have been the nadir. Whilst there is still significant distress and hardship across the profession, life in education feels a little more ‘normal’ as we move through 2022.

Our focus for the future is sharper than ever. We will continue to press policymakers to recognise and address the drivers for wellbeing and to make decisions that support a flourishing and high-performing workforce. We will continue to help schools to develop the cultures and practices that shape healthy environments in which people can do their best work and achieve the best outcomes for learners. And we will continue to hold individual educators at the core of our work. We will support them to develop and hold personal boundaries and to accept that they cannot hold up the system by themselves, no matter how many hours they work. We will promote the importance of community care and connection across the profession and let educators know that they are never alone. We are always on the end of the phone.

Whilst we warmly welcome a bit of normality, we don’t lose sight of the fact that when it comes to educator wellbeing, ‘normal’ is not all that impressive. Our 2021 Teacher Wellbeing Index highlighted persistent high rates of stress, anxiety and depression across the workforce, relative to other professions. If acute stress is consistently reported as affecting 7080% of the workforce, at what point do we accept that there is a chronic stress issue at play, with all of the health implications that this brings?

Increasingly, spill over from other, creaking parts of the public sector drive workload and work intensity. In particular, school leaders report that Children and Adolescent Mental Health Services and social services are stretched and underfunded, leaving teachers and education staff to pick up the social, emotional and safeguarding challenges that other parts of the public sector lack capacity to address.

Let us be clear. Giving teachers and education staff more training to continue to take on these responsibilities is not the answer. Broadening of our definition of “teacher” by stealth is no way to respond to social need. Teachers are not therapists or social workers, nor should they be expected to be. It is by addressing these social challenges, and letting teachers teach, that we best keep children and young people engaged, learning and energised.

The WHO reported in 2021 that working 55 hours or more per week is a “serious health hazard”[1] Since long working hours have become wholly normalised within schools, colleges and universities, we need to reflect on what this means for educators. ‘Survival of the fittest’ may no longer be an appropriate workforce strategy.

We will unapologetically promote health, relationships and laughter (the science backs us here!) and when we do our work well, educators will remember why they fell in love with teaching in the first place.

We are hugely grateful to everyone who has donated to us this year, making our work possible. This includes our regular givers and everyone who has responded to an urgent appeal, collected sponsorship for a challenge, donated proceeds from the sale of products or left us a gift in their Will. We are also thankful to the organisations who have supported us, including the Academy Transformation Trust, AEC Trust, CSIS Charity Fund, Danson Foundation, ETF, Pears Foundation and TUUT Charitable Trust.

Sean Hanson & Sinéad Mc Brearty

1Pega, F et al (2021). “Global, regional, and national burdens of ischemic heart disease and stroke attributable to exposure to long working hours for 194 countries, 2000–2016: A systematic analysis from the WHO/ILO Joint Estimates of the Work-related Burden of Disease and Injury”. Environment International, Vol 154. https://ww.sciencedirect.com/science/article/pii/S0160412021002208

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Our Objectives

Objective 1: To be well known, credible and trusted across the education workforce

Objective 2: To move mental health toward the centre of education policy, using robust data and evidence

We have worked hard this year to raise awareness of the charity across the workforce, with a particular focus on reaching school leaders.

The wellbeing of education staff has become a mainstream concern in the education sector and Education Support is proud to have contributed to this increase in awareness and understanding.

We are delighted to have built and launched a new website that significantly improves the user experience and navigation of our resources. Since its launch, user engagement has grown rapidly, with users staying longer and interacting with our content more. In parallel, we have continued to develop and deepen our social media presence across all the major platforms. These channels continue to be a priority for us, and we will continue to grow and maintain audience relationships via social media. We have also begun hosting our own webinars, with a programme of events focused on topics that we know are not addressed elsewhere in the sector. We have been heartened to see the level of enthusiasm and engagement with these events. We also speak routinely at a range of sector events and conferences. We have developed 42 new content pieces and our resources have been viewed over 105,000 times across the year. We continue to invest time and energy in a range of important partner and stakeholder relationships. Over this period we are delighted to have collaborated with ASCL, Association of Colleges, Chartered College of Teaching, Confederation of School Trusts, Education Policy Institute, Mental Health Foundation, Mentally Healthy Schools, MindEd, NAHT, NASUWT, NEU, Public First, Sixth Form Colleges Association and Universities UK.

We are pleased to hold good working relationships with governments in England and Wales. We continue to share our data and insight on the issues affecting education staff and will work with policymakers to develop sustainable policy solutions.

We published the fifth edition of the Teacher Wellbeing Index, including a retrospective on trends over the past five years. We published a literature review of the evidence base on the impact of stress, burnout, anxiety and depression on the wellbeing of education staff and their students. We were delighted to work with Professor Gail Kinman and Dr Siobhan Wray to produce our Supporting Staf Wellbeing in Higher Education report.

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Objective 3: To offer a range of highquality services that deliver clear and substantial impact for everyone working in education

We continue to deliver our ‘safety net’ services to those working in education. Our 24/7 helpline continues to handle a consistent volume of emotional support calls from the workforce, with over 9,500 cases supported. We experienced a 23% year on year increase in the number of cases where someone was clinically assessed to be at risk of suicide.

Our Grants programme provides essential support to those who are in financial distress, with a notable rise in demand toward the year end as the cost of living crisis escalated. We awarded just over 400 grants with a combined value of £307,976 in the period.

With support from Welsh Government and Department for Education in England, we have delivered peer support or professional supervision to over 370 school leaders over the past year. In addition, our Wellbeing Advisors have worked with over 110 schools in Wales, supporting the development of bespoke wellbeing strategies or interventions with each school.

Objective 4: To be recognised as a centre for innovation; piloting, evaluating and disseminating new approaches to supporting the mental health of the education workforce

This year we have built on previous pilots to extend the support that we offer to school leaders in England and Wales. Our facilitated peer support, professional supervision and school wellbeing advisory service have all been positively evaluated during this period. On average, nine out of every ten participants reported that our support has made a meaningful difference to their work or wellbeing.

We continue to look to extend and deepen our service offer and have started new pilot projects with Further Education partners as well as in Northern Ireland.

We are pleased to be a member of the Mental Health in Higher Education Advisory Group and will use this opportunity to consider how we can best support staff in the Higher Education sector.

Finally, our Employee Assistance Programme continues to channel high quality emotional and mental health support to schools across the country. Over the course of the year over 1,200 schools were supported through this service.

Across all services, we provided mental health and wellbeing support to over 100,000 people working in education during 2021-22.

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Objective 5: To become financially sustainable, generating surplus to fund innovation projects

We have secured an operating surplus for the second consecutive year. We continue to grow top line income and to sustain strong cost management. We have developed an investment plan for our surplus reserves and will be using this money to support the recruitment of new individual donors, growth of our EAP school member base and the development of new services for schools and colleges.

Alongside this work against our five organisational objectives, we have made good progress in developing the organisation. We completed a successful hybrid working pilot, taking the opportunity to understand the operational and cultural issues arising from the shift to hybrid working.

We are also pleased to have developed an Equality, Diversity and Inclusion strategy with staff, and are now working to implement that strategy.

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Education Support

2021-22 Delivering our Services

image: visiting teacher at Drayton Park Primary, London © Simon Ellis

Counselling

Education Support carried me when I couldn’t walk. Sometimes the scariest thing is reaching out, making that phone call. But it really was a lifeline, by making those calls I’m still alive.”

– Sian-Marie, RE teacher and helpline caller

Our free and confidential helpline is open every day, round the clock.

We’re proud to provide in the moment emotional support to everyone working in the education sector.

Callers can speak to our qualified counsellors about anything from their work or home life.

9,532 59% calls of calls dealt

of calls dealt with workrelated stres

741

people were clinically assessed as at risk of suicide  23%

Employee Assistance Programme (EAP)

Our EAP continues to provide quality, confidential support for thousands of people working in the education sector.

Our service offers face-to-face counselling and information to support staff with a range of personal and professional issues. Schools and organisations can address issues before they escalate and become problems for the individual, school or pupils.

Over

6,500

cases

([] 18% compared

to last year)

Over

1,800

95,300

people had people working in ongoing schools are supported counselling by an Education sessions Support EAP

597

were from people clinically assessed as at risk of suicide

([] 89% compared to last year)

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Financial grants

We continue to provide emergency financial help to those in the sector who need it. In 2021/22 we awarded 408 financial grants to current, and former, education staff.

I'm deeply thankful for the financial support that Education Support has given me. My financial situation was so bad. Without this support I would really have struggled and ended up in even further debt. I cannot express my gratitude and how much this support means.”

– Educator and grant recipient

820 applications (up from 727 in 2020-21)

408 grants awarded (up from 341 2020-21)

277 applicants between Jan 2022-March 2022

£307,976 was the total amount we awarded

We provided grants for a range of reasons:

We supported people with:

Service feedback

----- Start of picture text -----
90 [%]
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believe the grant had a positive impact on their financial circumstances

----- Start of picture text -----
95 [%]
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rated the service they

received as excellent or good

100[%] of users would recommend us to a colleague

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Education Support

School Leader Wellbeing Services in England

We were delighted to be awarded further funding from the Department for Education in 2021/22. This allowed us to support a further 437 leaders with their mental health and wellbeing, during a challenging time for people running schools.

The service provides both peer group support and one-to-one support, with both professional supervision and support from BACP accredited counsellors available.

School leaders have found it hard to find time to prioritise their own wellbeing, however the impact on those who participated in our services has been life changing.

We use a wellbeing measure (the Warwick-Edinburgh Mental Wellbeing Scale) to score peer support participants’ wellbeing. The scores increased from 41.19 to 45.81 over the weeks they took part.

I was amazed at how easy it was to apply and overjoyed to have been given the supervision - it has been a lifeline in my final weeks as a headteacher. I really wasn't sure I was going to make it out alive until I got the email to say I had been successful.”

– One to one support recipient

----- Start of picture text -----
95% 95% 95%
felt more felt less felt less
supported anxious stressed
----- End of picture text -----

I valued being able to share with others' in similar situations and gain valuable feedback and support.”

– Peer support participant

It was so helpful to have dedicated 'me' time to talk through issues.” – Peer support participant

Staff at Royal Harbour, Thanet © Brian Benson

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School Wellbeing in Wales Programme

----- Start of picture text -----
Teacher at Hatton School © Julian Anderson
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Our Schools Wellbeing Service worked with 113 schools in Wales, supporting them with bespoke guidance, resources and advice.

The service, funded by the Welsh Government continues to help schools create mentally healthy cultures for all staff.

In addition to this, we have:

As a school we really appreciated the level of support received from our advisor. All targets were well discussed and always followed up with supporting materials. An excellent and extremely helpful service.”

– School leader

The service provided was excellent. Communication was easy and both ways. Due to the support provided the school now has a strategy for staff health and wellbeing.”

– School leader

----- Start of picture text -----
100 [%]
----- End of picture text -----

of schools reported improved knowledge about staff mental health and wellbeing

----- Start of picture text -----
100 [%]
----- End of picture text -----

of schools described themselves as more motivated to implement wellbeing activity

----- Start of picture text -----
100 [%]
----- End of picture text -----

of schools reported improved confidence when planning how they will support staff mental health

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Increasing our reach

We have continued our strategy to reach teachers and education staff via engaging digital resources and events. We’re delighted that our audiences continue to grow, and interact with us more!

----- Start of picture text -----
Over
----- End of picture text -----

Over Over 475.5k 64 52k visitors to the website pieces in national and social media sector media followers

Over 685 105.2k people reached via people reached via new our online events digital resources

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Our new website

In September we launched of our new website which is jam-packed with information to help keep teachers and education staff mentally healthy. Everything is easy-to-access, navigate and designed with our beneficiaries in mind. Watch this short website video tour to see why we love it so much!

Exploring more

18% increase in number of pages visited

Staying longer

27% increase in page visit time

Interacting more 146% increase in downloads, forms completed and contacts

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Aguide to m￿rtalion for Stsff tl 16 Annual Reportand Accounts 2021-22 Education Support

Online events

----- Start of picture text -----
57
attendees
320
views
----- End of picture text -----

----- Start of picture text -----
268
attendees
----- End of picture text -----

----- Start of picture text -----
71
views
----- End of picture text -----

----- Start of picture text -----
150
55
views
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Instagram live

----- Start of picture text -----
views
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Our Research

In 2021 we continued to publish comprehensive and robust research about the mental health and wellbeing of teachers and all education staff. We published:

Stress, Burnout, Anxiety and How they impact on Depression: the mental health and wellbeing of teachers and on learner outcomes

----- Start of picture text -----
Literature Review
October 2021
Sarah GibsonDr Catherine Carroll , Director at CooperGibson Research , Research Associate, CooperGibson Research
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Supporting Staff Wellbeing in Higher Education

----- Start of picture text -----
Dr. Siobhan Wray and Professor Gail Kinman
Dr. Siobhan Wray is Associate Professor of Organisational
Behaviour at the University of Lincoln and Dr Gail Kinman
is Visiting Professor of Occupational Health Psychology at
Birkbeck, University of London.
----- End of picture text -----

Supporting Staff Wellbeing in higher Education

This report presented the findings of a national study examining working life in UK Higher Education institutions. Two thousand and forty-six academic and academic related staff were surveyed about the psychosocial hazards they encounter, how they feel about the tasks they do and the availability and usefulness of support mechanisms to manage their wellbeing. The psychosocial safety climate of their institutions was also examined along with mental health and work-life balance. The key fndings can be found on our website.

Literature Review on Stress, Burnout, Anxiety and Sepression

In October, we commissioned CooperGibson Research to explore the existing evidence base for the impact of stress, burnout, depression and anxiety on the mental health and wellbeing of the teaching profession, and on learner outcomes. You can view the themes that emerged from this research by accessing the full report on our website.

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Teacher Wellbeing Index 2021

Our fifth Teacher Wellbeing Index was arguably the most important yet. It provided a unique insight into the working lives of teachers and education staff under the shadow of Covid-19. It also showed us the five year picture of teacher mental health trends across the UK.

Every day I make decisions that scare me. I’m not a medic. I’m a teacher. I’m afraid that one day I’ll make the wrong decision and someone will get hurt.”

– headteacher

Our survey of over 3,000 education staff found that in 2021:

77[%] 72[%] 46[%] experienced were stressed (rising always went into symptoms of poor to 84% for senior work when unwell leaders) (rising to 54% for their work senior leaders)

42[%] reported that their organisation’s culture had a negative impact on their wellbeing

experienced symptoms of poor mental health due to their work

----- Start of picture text -----
Teacher
Wellbeing
Index
2021
----- End of picture text -----

Visit our website to download the full report and learn more about our recommendations.

----- Start of picture text -----
54 [%]
----- End of picture text -----

considered leaving the sector in the past two years due to pressures on their mental health

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Education Support

How we raised our money

During 2021/22 more than 24,000 individual supporters donated regularly, responded to appeals, or left us a gift in their Will.

----- Start of picture text -----
Total Income
£3.514M
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We are also fortunate to have the support of charitable foundations, government and corporate partners. We generate income from the workplace services that we provide to schools and colleges, as well as through returns from our investments.

We couldn’t do what we do without our supporters, partners and customers. Thanks to them, we raised £3.514 million in 2021/22.

Donations Government Trusts and and Legacies programmes Foundations £1,718,055 £584,758 £82,056 Workplace Services Investment Income Corporate Donations £1,029,496 £93,439 £6,400

Strides Against Stress

Strides Against Stress was our brand new online fundraising challenge, set against the backdrop of Covid-19 restrictions and a teaching workforce facing new and rapidly changing pressures.

Our supporters aimed to run or walk a stress-beating mile a day throughout April – which is also Stress Awareness Month.

More than 1,000 supporters of all ages and abilities took part. Together they raised more than £53,000, for which we are extremely grateful!

Thank you Striders!

Everyone on my team commented that it helped their mental and physical wellbeing by helping them be active every day.”

Time for me to walk immersed in nature was good for the soul.”

Getting out every day for a 1 mile run cleared my head! Physical fitness helped my mental fitness.”

Encouraging me to walk more positively impacted my mental wellbeing.”

I was happy and motivated to go walking.”

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Education Support

How we spent our money

£2,196,759 was spent in total in the year on charitable services. The cost of raising funds was £1.066m (2020:21 £1.038m) excluding strategic development costs.

Total Expenditure £2.197M

The Surplus excluding investment gains was £334,193 after Pension deficit reduction of £224k.

Counselling and mental Communications, Training and health advice services policy and research organisational development £1,153,493 £416,646 £43,902 Financial Information and support services online advice services £432,682 £150,036

£150,036

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Education Support

Quality Assurance and Impact

Education Support operates a bi-annual audit programme with an independent clinical assessor.

These audits involve listening to calls as well as examining processes in place and exploring how improvements might be made. Each audit meeting operates to ISO 9001:2008 standards and monitors the performance of counsellors (based on clinical and non-clinical standards).

Furthermore, we invite every service user to complete an online evaluation form.

Independent Audit Results: November 2021

[Counselling Services Audit Score 2021]

98%

----- Start of picture text -----
97%
96%
96%
94%
92%
90%
90% 90%
89%
86%
Actual Clinical Target Clinical Actual Worklife Target Worklife
rubic rubic rubic rubic
----- End of picture text -----

Service User Feedback:

----- Start of picture text -----
93.2 [%]
----- End of picture text -----

said using our service helped them feel better equipped to deal with their problem or query

1.9% on 20/21

agreed that the service had a positive impact on their situation.

positive impact on 92.3[%] their situation.  2.5% on 20/21 agreed that we are 98.8[%] empathetic and understanding  0.5% on 20/21

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Legal and Administrative Information

Image: teacher at the university of Essex

24 Annual Report and Accounts 2020-21

Education Support

The trustees are pleased to present their report and accounts for Education Support and its subsidiaries (the group) for the year ended 31 March 2022.

Constitution

Education Support is a Company Limited by Guarantee (Company Number 09311354) with charitable status and is registered with the Charity Commission under registration number 1161436. It does not have any share capital.

Education Support is the successor to the Teacher Support Network Group comprising of Teacher Support Network and Recourse following a merger of their assets, activities, undertakings and liabilities on 31 March 2015.

The company was incorporated on 14 November 2014 as Education Sector Support UK and changed its name to Education Support Partnership on 24 July 2015.

Education Support Partnership and Worklife Support (a former subsidiary of Teacher Support Network) merged their trading activities and assets on 1st April 2016.

Governing document

The governing document guiding the work of the organisation is the Articles of Association – these articles were adopted upon incorporation and were amended following a special resolution in December 2018. The Charity is a Charitable Company Limited by Guarantee.

Trustees and Management

Board of Trustees who were in place during the financial year 2021 - 22

Sean Hanson Chair
Adam Alagiah-Glomseth Appointed 7 September 2021
Helen Herniman Appointed 7 September 2021
Debbie Simpson Appointed 7 September 2021
Amy Bills Appointed 7 September 2021
Harry James Chair of GDP committee Resigned 31 March 2022
Christopher Day Vice Chair
Rod Rufe Resigned 31 March 2022
Emma Hollis
Lynne Tweed Vice Chair
Gareth Conyard
Prof. Ed Sallis Resigned 31 March 2022
Rachelle Headland
Sridhar Athreya Honorary Treasurer

Elected Officers of the Board

Sean Hanson Trustee Board Chair
Lynne Tweed Trustee Board Vice Chair
Christopher Day Trustee Board Vice Chair
Sridhar Athreya Honorary Treasurer

Leadership team

During the financial year 2020-2021

Sinéad Mc Brearty
Chief Executive Ofcer
Paul Lismore Director of Finance and Operations
Katie Hepworth Director of Income Generation
Faye McGuinness Director of Programmes
Gemma Scotcher Director Comms & Public Afairs (From April 1 2022)

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Education Support

Other charities and companies in the group:

Teacher Support Network,

40a Drayton Park, London N5 1EW

Teacher Support Network formerly promoted health and wellbeing and offered benevolence to teachers . The company and charity transferred its assets and undertaking to Education Support Partnership on 31 March 2015 and is currently dormant .

TBF Holdings Limited

TBF Holdings Ltd is a wholly owned subsidiary that manages the shareholdings of the charity in Worklife Support Limited. The principal office is at 40a Drayton Park, London, N5 1EW.

Professional Advisors

Bank: National Westminster Bank plc Chancery Lane and Holborn branch 332 High Holborn London WC1V 7PS

Auditor: Moore Kingston Smith 9 Appold Street, London, EC2A 2AP

Clinical auditor services: Ben Amponsah, Apartment 39, Islington Wharf, Great Ancoats Street, Manchester, M4 6DH

Investment advisors: Ethical Investment, Third Floor, Formal House, 60 St George’s Place, Cheltenham, GL50 3PN

TBF Trading Limited - Currently dormant

Worklife Support Limited (WLS Ltd)

WLS Ltd was a trading subsidiary of the charity delivering a range of health and wellbeing services to employers and their employees in education and in the third sector. The charity’s shareholding in WLS was held by TBF Holdings Limited, a subsidiary of Education Support Partnership. Its activities merged with Education Support Partnership on 1 April 2016.

Investment Manage: Quilter Cheviot Senator House, 85 Queen Victoria Street, London, EC4V 4AB

Education Support’s registered office: Education Support, 40a Drayton Park, London, N5 1EW

Staff at the University of Essex

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Education Support

Objectives and Activities

Objectives

Our charity’s purposes as set out in the Objectives section of the Articles of Association (Article 3) are:

Our vision and mission

Mission

Our mission is to improve the mental health and wellbeing of teachers and education staff. We believe that better mental health leads to better education.

How we deliver public benefit

Everything we do is aimed at supporting and improving the wellbeing and mental health of those working in, and retired from, education. This includes assisting them in managing their finances and going some way to relieving the associated pressures of financial hardship. We support the whole person: by that, we mean not just an individual in their professional capacity but in their personal life as well. In setting the business plan each year the trustees of Education Support have complied with the duty of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission, including “Running a Charity PB2”.

Summary of our principal activities

See pages 8-24.

Volunteers

Education Support did not run a volunteer programme in 2021 - 2022.

Structure, Governance and Management

Governance structure

The Board of Trustees

Trustees govern the activities of the charity in accordance with its Articles of Association. The charity is constituted as a Charitable Company Limited by Guarantee and has no share capital.

Governance Review

The board of trustees continue to assess its performance and skills. A full board effectiveness review was carried out during the year. Actions and findings from that are being incorporated into our use of the governance wheel toolkit.

As well as the board of trustees there are three sub committees:

Trustee selection methods

Trustees are recruited via an open recruitment process, selected on the basis of skills gaps and ability to contribute effectively to the governance of Education Support.

Remuneration policy

Staff salaries cost of living increases are approved at the remuneration committee before the annual budget for the year is completed. Senior staff salaries are reviewed by the Remuneration committee against market rates.

How we make decisions

The board of trustees meets on a quarterly basis to review progress against key objectives.

The board of trustees makes all strategic decisions and delegates responsibility for the operational management and leadership of the charity to the Chief

Executive (under the terms of the CEO delegated authority) who is supported by the Leadership Team.

Financial procedures set the financial limits for decision making at varying and appropriate levels from board level downwards.

The board of trustees organises itself into committees in order to explore particular areas in more depth and report back and make recommendations to the board as a whole.

Induction and Training

A new induction process was implemented in 2019 and five new trustees took part. Feedback on the process was positive. Trustees have developed a training matrix and we use this to identify any specific needs/gaps. We aim to fill these gaps with training and guidance where necessary. We regularly review the induction process.

Fundraising Review

The majority of Education Support’s fundraising is conducted by paid staff or by volunteers securing small sums of sponsorship on our behalf. We also work closely with carefully selected third party organisations who fundraise on our behalf, conducting telephone campaigns and operating our online lottery.

Education Support, and our third party fundraising partners comply with fundraising regulations and the Fundraising Regulator code of practice. Education Support and our third party suppliers are registered with the Fundraising Regulator, and pay the annual levy.

No areas of non-compliance have been identified relating to any of our fundraising activities.

There were no complaints registered relating to fundraising activities in 2021/22.

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Investment Policy

Quilter Cheviot acts as Investment Manager to Education Support. The investment objective is to invest holdings on a long-term basis to achieve capital appreciation and minimum income of 3 percent per annum for distribution to the charity on a quarterly basis.

The charity adopts a socially responsible investment approach excluding investment in arms manufacture and distribution and promotion of pornography from its portfolio, and restricting tobacco investment. We support community investment, environment and green technology, and encourage investment in recycling and waste, safety and protection, training and educational activities and employment.

Investments are selected from a wide range of asset classes to allow for diversification and maximise performance with a reasonable or balanced level of risk.

The Committee meets annually with its Investment Manager to review performance of the fund and to determine future plans. An initial £4.0 million was invested in the fund in 2014 and a further £300k added during 2015/16. To support the trustees in decision-making we employed an independent Investment Advisor (Ethical Investments) at the end of 2018/19. Due to the disruption and uncertainty in the last year additional work in this area has been put back.

The investment portfolio gained £230k of its overall value during the financial year. The balanced approach adopted by Quilter Cheviot has benefited the charity by outperforming benchmarked indices such as FTSE All Share.

Since March 2020, markets have improved but remain uncertain. The market value of the investments at 31 March 2022 is £3.3 million compared to £3.0 million as at 31 March 2021.

The trustees have considered the nature, disposition, marketability, security and valuation of the scheme’s investments and consider them to be appropriate relative to the reasons for holding each class of investment. More

Staff at the University of Essex

Overall, income (excluding that from investments) was 17.5% higher this year at £3.514 million.

details about investments are given in the notes to the financial statements.

+17.5[%]

Financial Review

2021/22 continued on from 2020/21 with uncertainty around the impact of Covid-19.

generated a net surplus of £564k (2020/21: Surplus of £657k). The surplus this year shows good progress in our aim to make the organisation more financially stable.

We again looked to our supporters for donations as well bedding down the new commercial team structure. We also managed to add additional grant and contract funding from DfE and the Welsh Government for projects to support those in need.

Overall, income (excluding that from investments) was 15 percent higher this year at £3.4 million.

The response from supporters, some very generous legacies whilst maintain similar amounts of commercial income to previous years and the additional grant/contract funding meant we had a positive year financially. This also reflected our commitment to manage costs effectively.

In 2021/22 financial year voluntary income was £1.807 million, up 4 percent on 2020/21, mainly due to an increase in legacy income. This was £497k for the year. Our appeals in the year raised £128k. Voluntary income made up 51 percent of our total income. We will continue our long term strategy to diversify voluntary income sources.

Total incoming resources for the year were £3.514 million (2020/21: £3.035 million) and total expenditure was £3.404 million, (2020/21: £2.855 million) giving an operating surplus of £334k (2020/21: surplus £180k) before gains/ losses on investments.

Despite this being a very challenging year for our commercial team, income generated from paid for services was £1.029 million (2020/21: £917k).

In 2021/22 Education Support contracted with the English and Welsh governments to deliver new services to support education staff during the pandemic. Income in this area was £585k and additional funding is already secured for 2022/23.

Included in this surplus is a one off item on the Pension Fund. Following the triannual valuation in 2020, the long term creditor on the pension reduced by £224k (see Note 15). Including this Education Support in 2021-22

28 Annual Report and Accounts 2021-22

Education Support

Education Support continues its focus on improving cost efficiency. Total resources expended in Education Support for the year amounted to £3.404 million, an increase of £549k on 2020/21, with main increase in delivering charitable activities up 22% on 20/21 at £2.2m.

Reserves Policy

The trustees have set a reserves policy, which requires that:

the reserves should provide the charity with adequate financial stability and the means for it to meet its charitable objectives for the foreseeable future;

reserves are maintained at a level which ensures that Education Support’s core activity can continue during a period of unforeseen difficulty;

a proportion of reserves is maintained in readily realisable form.

The policy states that free reserves should be maintained at a level which is at least equivalent to six months’ operational expenditure, having regard to its future business plan and likely funding streams. Based on the organisation’s budget for 2022-23 this equates to £1.845 million. At 31 March 2022, the value of free unrestricted reserves is £3.245 million.

Unrestricted reserves of the Group at 31 March 2022 are £4.879 million, which include fixed assets and designated funds of £1.634 million.

The underlying assets of the organisation have sufficient liquidity to enable the organisation to meet all of its commitments as they fall due, but we recognise that we are operating currently in an uncertain environment.

Restricted reserves represent funds provided by external organisations for a specific purpose. These funds are actively managed and utilised in accordance with the restrictions placed on these funds as advised to Education Support.

Free Reserves:

It is recognised that the level of free reserves at 31 March 2022 is in

excess of our policy minimum, however trustees recognised that the level of uncertainty around both voluntary and commercial income, the uncertainties that will remain throughout this year and beyond, and the increased levels of need for our services, require us to be able to react positively in the coming years. We also aim to invest in strategic development projects in 2022/23 to meet key organisational goal.

Designated funds:

The Development Fund represents the fund designated for the strategic development and growth of the charity.

In 2018/19 the board designated a Grants Fund of £350k, set aside to ensure that any short-term issues in income streams will not impact on our ability to support those in financial hardship. The trustees are committed to ensuring that funds are available should the need arise.

The trustees regularly review the level of reserves that are required to ensure that they are adequate to fulfil the charity’s continuing obligations. Trustees have the ability to re-designate reserves as they wish to meet the business needs of the organisation.

Risks and Uncertainties

Purpose and scope of the risk management policy

In the process of delivering its services, Education Support is subject to certain risks that affect its ability to operate, support its beneficiaries and staff in the education sector and protect its assets. These include risks to employees, service users, customers, financial risks, liability to others and risks to property. These risks are managed through an effective risk management policy that seeks to minimise, mitigate, or in certain cases, avoid these risks through appropriate management action.

The aim of the policy is for trustees and management within Education Support:

  1. to understand as fully as possible the risks being faced or taken;

  2. to take appropriate action to manage these risks where it is possible and cost effective to do so;

  3. to minimise the risk that new initiatives adversely affect existing services;

  4. to accept a higher level of uncertainty, if appropriate, when taking advantage of new opportunities.

The Senior Leadership Team is, through its day-to-day operational management of the charity, responsible for managing and controlling risk in line with the approved policy and framework agreed by the board. The impact of the Covid-19 pandemic was identified as a serious risk early in 2020/21 and the organisation moved to mitigate the impact as can be seen from the results.

Within Education Support, risks are categorised as follows:

The most significant strategic risks are:

  1. Impact of the Covid-19 pandemic/ resulting recessional events

  2. Governance effectiveness/diversity

  3. Service delivery quality

The risk register is reviewed every six months by the trustees and the policy is reviewed annually.

Third party operational risk management

The safety and wellbeing of our service users is paramount and to that end, we ensure that our service centre takes risk management very seriously.

We continue to operate a robust quarterly audit program with our clinical auditor at our service centre in Ealing. You can read more about our audit process on page 23.

29 Annual Report and Accounts 2021-22

Education Support

Our audits are designed to ensure that we are aware of risks to the Helpline and EAP service. These include operational risks but also risks which might impact upon the reputation of the services and the organisation and ultimately the users of our services. Mitigating actions are put in place to address any areas of potential concern.

Pension Liability

The charity participates in the scheme, a multi-employer scheme which provides benefits to some 638 nonassociated participating employers. The scheme is a defined benefit scheme in the UK. It is not possible for the company to obtain sufficient information to enable it to account for the scheme as a defined benefit scheme. Therefore it accounts for the scheme as a defined contribution scheme.

The scheme is subject to the funding legislation outlined in the Pensions Act 2004 which came into force on 30 December 2005. This, together with documents issued by the Pensions Regulator and Technical Actuarial Standards issued by the Financial Reporting Council, set out the framework for funding defined benefit occupational pension schemes in the UK.

A full actuarial valuation for the scheme was carried out at 30 September 2020. This actuarial valuation showed assets of £800.3 million, liabilities of £831.9 million and a deficit of £31.6 million. To eliminate this funding shortfall, the trustees and the participating employers have agreed that additional contributions will be paid to the scheme as follows:

Statement of Trustees’ Responsibilities

The trustees are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company and charity law requires the trustees to prepare financial statements for each financial year. Under company law, the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and the group, the incoming resources and application of resources, including its income and expenditure, for the period. In preparing, those financial statements the trustees are required to:

The trustees are responsible for keeping adequate sufficient accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the requirements of the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity’s website. Legislation in the United Kingdom governing preparation

and dissemination of the financial statements and other information included in annual reports may differ from legislation in other jurisdictions.

In so far as the trustees are aware:

Going Concern

Whilst there has inevitably been an impact on the activities of the charity as a result of Covid 19, the organisation continues to generate income and meet its liabilities as they fall due. After reviewing the group’s budgets and plans, and taking into account the reserves available, the trustees have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future, being the 12 months from the date these accounts are signed and have not identified any material uncertainties in this regard. The group therefore continues to adopt the going concern basis in preparing its consolidated financial statements.

Small Company Provisions

This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

Approved by the Board of Trustees on 8 September 2022 and signed on their behalf by:

Sean Hanson (Chair)

30 Annual Report and Accounts 2021-22

Education Support

Independent Auditor’s Report To The Members And Trustees of Education Support Partnership

Image: teacher & pupil at Drayton Park Primary, London © Simon Ellis

31 Annual Report and Accounts 2020-21

Education Support

Opinion

We have audited the financial statements of Education Support Partnership (the ‘company’) for the year ended 31 March 2022 which comprise the Group Statement of Financial Activities, the Group and Parent Charitable Company Balance Sheets, the Group Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Ireland’ (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs(UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the audit of financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent

otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and parent charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ Annual Report.

We have nothing to report in respect of the following matters where the Companies Act 2006 and the Charities Act 2011 require us to report to you if, in our opinion:

32 Annual Report and Accounts 2021-22

Education Support

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement set out on page 27, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the group and parent charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or parent charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under the Companies Act 2006 and section 151 of the Charities Act 2011 and report in accordance with those Acts.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

As part of an audit in accordance with ISAs (UK) we exercise professional judgement and maintain professional scepticism throughout the audit. We also:

uncertainty exists related to events or conditions that may cast significant doubt on the group and parent charitable company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the group or parent charitable company to cease to continue as a going concern.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and, in respect of the consolidated financial statements, to the charity’s trustees, as a body, in accordance with Chapter 3 of Part 8 of the Charities Act 2011. Our audit work has been undertaken so that we might state to the charitable company’s members and trustees those matters which we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to any party other than the charitable company, the charitable company’s members, as a body, and the charity’s trustees, as a body, for our audit work, for this report, or for the opinion we have formed.

Date 7 October 2022

Shivani Kothari (Senior Statutory Auditor) for and on behalf of Moore Kingston Smith LLP, Statutory Auditor

9 Appold Street London EC2A 2AP

Kingston Smith LLP is eligible to act as auditor in terms of Section 1212 of the Companies Act 2006.

33 Annual Report and Accounts 2021-22

Education Support

Consolidated statement of financial activities (incorporating an income and expenditure account) for the year ended 31 March 2022

Income (Notes)
Donations and legacies
Trusts and Foundations
Government Programmes
Paid for services
Policy and Research
Investment Income(6)
Total income
Expenditure
Raising Funds
Cost of generating voluntary income(5)
Paid for services(5)
Investment management costs
Charitable expenditure
Counselling and mental health advice service(5)
Financial Support Services(5)
Communications, Policy and Research(5)
Information and Online Services(5)
Training and organisational development(5)
Strategy Development(5a)
Total Expenditure
Pension Valuation
Net Income/(Expenditure)
Realised gains/(losses) on investments(11)
Unrealised gains/(losses) on investments(11)
Unrealised gains/(losses) on investment property(11)
Transfers between funds
Net gains/(losses) on investments
Net income/(expenditure) for the year
Transfers between funds
Net movement in funds
Funds at 1 April 2021 (16)
Funds at 31 March 2022 (17)		 Unrestricted
funds (£)
1,724,455
82,056
-
1,029,496
75,403
2,911,410
489,754
543,583
35,765
1,069,102
628,546
390,460
391,647
141,034
41,268
137,877
1,730,832
2,799,934
223,727
335,203
(114,939)
300,813
-
-
185,874
521,077
2,316
523,393
4,355,998
4,879,391		 Restricted
funds (£)
-
-
584,758
-
16,843
601,601
-
-
-
-
524,947
42,222
24,999
9,002
2,634
-
603,804
603,804
-2,203
(25,594)
66,982
-
1,193
42,581
40,378
-2,316
38,062
854,160
892,222		 Endowment
funds (£)
-
-
-
-
1,193
1,193
-
-
-
-
-
-
-
-
-
-
-
-
1,193
(1,818)
4,757
-
(1,193)
1,746
2,939
2,939
60,658
63,597		 Total Year to 31
March 2022 (£)
1,724,455
82,056
584,758
1,029,496
93,439
3,514,204
489,754
543,583
35,765
1,069,102
1,153,493
432,682
416,646
150,036
43,902
137,877
2,334,636
3,403,738
223,727
334,193
(142,351)
372,552
0
-
230,201
564,394
564,394
5,270,816
5,835,210		 Total Year to 31
March 2021 (£)
1,619,435
111,469
301,857
916,964
85,415
3,035,140
494,429
518,342
25,677
1,038,448
942,952
374,287
343,003
108,958
33,414
14,375
1,816,989
2,855,437
179,703
67,898
312,017
97,500
-
477,415
657,118
657,118
4,613,698
5,270,816

All incoming resources and resources expended derive from continuing activities All recognised gains and loses are reflected through the Consolidated Statement of Financial Activities and no separate Statement of Total Recognised Gains and Losses has been presented. The notes on pages 34 to 48 form part of these financial statements

34 Annual Report and Accounts 2021-22

Education Support

Balance sheets as at 31 March 2022 Company registration number: 9311354

Fixed assets (Notes)
Tangible fixed assets(10)
Intangible Fixed Assets(10)
Investments(11)
Current assets
Debtors(12)
Cash at bank and in hand
Creditors:amounts falling due within one year(13)
Net current assets
Pension Provision(14)
Net assets
Funds
Endowment(16a)
Restricted(16b)
Unrestricted:
General Fund(16c)
Funds at 31 March 2022 (17)		 at 31 March
2022
Group (£)		 at 31 March
2022
Charity (£)
1,130,194
-
3,838,755
4,968,949
588,677
1,194,293
1,782,970
(868,330)
914,640
(48,379)
5,835,210
63,597
892,222
4,879,391
5,835,210		 at 31 March
2021
Group (£)		 at 31 March
2021
Charity (£)
1,136,219
-
3,542,990
1,130,194 1,136,219
- -
3,838,653 3,542,888
4,968,847 4,679,107 4,679,209
291,230
1,443,965
588,679 291,232
1,194,293 1,443,965
1,782,972 1,735,197 1,735,195
(921,344)
(868,230) (921,244)
914,742 813,953 813,851
(222,244)
(48,379) (222,244)
5,835,210 5,270,816 5,270,816
60,658
854,160
4,355,998
63,597 60,658
892,222 854,160
4,879,391 4,355,998
5,835,210 5,270,816 5,270,816

As permitted by s408 Companies Act 2006, the company has not presented its own income and expenditure statement and related notes. The company's surplus for the year was £564,394 (20/21 FY: £657,118)

These financial statements have been prepared in accordance with the provisions applicable to the small companies regime.

These financial statements were approved by the Board of Trustees and authorised for issue on 8 September 2022 and signed on their behalf by:

Sean Hanson

35 Annual Report and Accounts 2021-22

Education Support

Consolidated Cash Flow Statement for Year Ended 31 March 2022

Reconciliation of net income/(expenditure) to net cash flow from
operating activities
Net income/(expenditure) for the year as per the statement
of financial activities
Adjustments for
Depreciation and amortisation charges
Loss/(Gain) on investments
Dividends, interest and rents from investments
Loss/(profit) on the sale of fixed assets
(Increase)/Decrease in stocks
(Increase)/Decrease in debtors
Increase/(Decrease) in creditors
Net cash provided by operating activities
Net cash flow provided by operating activities
Cash flows from investing activities
Dividends, interest and rent from investments
Proceeds from the sale of property, plant and equipment
Purchase of property, plant and equipment
Proceeds from sale of investments
Purchase of investments
Net cash provided by investing activities
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting period
Cash and cash equivalents at the end of the reporting period
Analysis of cash and cash equivalents
Cash at bank and in hand
Cash held by broker
Total cash and cash equivalents		 Year to
31 March 2022 (£)		 Year to
31 March 2021 (£)
657,118
13,630
(477,415)
(85,415)
-
-
175,211
117,009
564,394
14,635
(230,201)
(93,439)
-
-
(296,916)
(227,411)
(268,938) 400,138
400,138
85,415
-
-
435,542
(387,162)
(268,938)
93,439
-
(8,610)
685,264
(503,063)
267,030 133,795
533,933
953,574
(1,908)
1,487,507
1,485,599 1,487,507
£
1,443,965
43,542
£
1,194,293
291,307
1,485,600 1,487,507

36 Annual Report and Accounts 2020-21

Education Support Partnership

Notes to the financial statements for the year ended 31 March 2022

1. Company Information

Education Support is a private limited company incorporated in the United Kingdom on 14 November 2014, under Company Number 9311354.

The company’s registered office is 40A Drayton Park, London N5 1EW.

2. Basis of Preparation

The charitable Group is a public benefit group for the purposes of FRS102 and therefore the charity also prepared its financial statements in accordance with Statement of Recommended Practices applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (The FRS 102 Charities SORP), the Companies Act 2016, and the Charities Act 2011.

The group financial statements consolidate the financial statements of Education Support Partnership and its entire subsidiary undertakings drawn up to 31 March each year.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts are rounded to the nearest pound.

Going Concern

Whilst there has inevitably been an impact on the activities of the charity as a result of Covid 19, the organisation continues to generate income and meet its liabilities as they fall due. After reviewing the group’s forecasts and projections, and taking into account the reserves available, the trustees have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future, being the 12 months from the date these accounts are signed and have not identified any material uncertainties in this regard. The group therefore continues to adopt the going concern basis in preparing its consolidated financial statements.

Accounting policies

The following indicates the principal policies adopted:

(i) Income and expenditure

All items of income and expenditure are accounted for on an accruals basis. Where contracts are awarded in favour of the company for fixed terms, contract income and the direct costs associated with the contract are accrued evenly over the duration of the contract.

Income

The specific bases for accounting for income are described below.

Donations are included in full in the statement of financial activities when received.

For legacies, entitlement is taken as the earlier of the date on which either: the Charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Charity that a distribution will be made; or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the Charity has been notified to the executor’s intention to make a distribution.

Trusts and foundation grants are recognised when entitlement to the grant is confirmed.

Paid for services income is recognised when the services are delivered.

Investment income is included in the Statement of Financial Activities in the year in which it is receivable.

(ii) Tangible assets

Tangible fixed assets are measured at cost less accumulated depreciation to date and any accumulated impairment losses. Depreciation is calculated to write down the cost less residual value of all tangible fixed assets over their expected useful lives, using the straight line method. The rates applicable are:

Computer equipment 3 years Furniture and fittings 5 years

Our Head office leasehold is depreciated over the period of the lease (155 years) on a straight line basis. Refurbishment costs associated with the property are depreciated over 50 years on a straight line basis.

(iii) Intangible assets

Intangible assets are measured at cost less accumulated amortisation to date and any accumulated impairment losses. Amortisation is calculated to write down the cost less residual value of all intangible assets over their expected useful lives, using the straight line method. The rate applicable is:

Software 3 years

(iv) Impairment of assets

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

(v) Investments

Listed investments are included in the financial statements

37 Annual Report and Accounts 2021-22

Education Support

Notes to the financial statements for the year ended 31 March 2022

at bid value at the balance sheet date. Gains/losses on disposal of investments and revaluation of investments are recognised in the year of gain or loss and are allocated to the funds to which the investments relate. Investments in subsidiaries are included in the financial statements at cost.

(vi) Debtors

Short term debtors are measured at transaction price, less any impairment.

(vii) Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

(viii) Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership of the leased asset to the company. All other leases are classified as operating leases. Rentals payable under operating leases are charged on a straight line basis over the lease term, unless the rental payments are structured to increase in line with general inflation, in which case the company recognises annual rent expense equal to amounts owed to the lessor.

(ix) Taxation

The Charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied for its charitable purposes.

(x) Turnover

Turnover arises from the company’s principal activities of providing support, assistance and training and consists of amounts invoiced net of VAT. All turnover arises in the U.K.

(xi) Expenditure allocation

Expenditure has been allocated to restricted and unrestricted funds by direct attribution where possible, or by the proportion of service usage reported and attributed to each fund.

(xii) Employee benefits

Short term employee benefits and contributions to defined contribution plans are recognised as an expense in the period in which they are incurred. In line with FRS 102 accrued holiday has been included as an expense in the period in which the entitlement arose.

(xiii) Pensions

The Charity has two pension schemes: a defined contribution scheme for current employees and a closed defined benefit scheme. The latter is a multi-employer scheme and is currently in deficit. The charity is paying contributions to eliminate the deficit in accordance with the

deficit reduction plan.

The assets of the defined contribution scheme are held separately from those of the Charity in independently administered funds. The pension cost charge represents contributions payable to the scheme contributions payable to the scheme in the year. The Charity has no liability under the scheme other than the payment of those contributions.

(xiv) Funds

General funds are those that are available for use at the Trustees’ discretion in the furtherance of the Charity’s objectives. Designated funds are unrestricted funds set aside for unrestricted purposes and which would otherwise form part of general funds. Details of the nature and purpose of each fund are set out in note 16c.

Restricted funds are funds that are subject to restrictions imposed by donors and are applied in accordance with these restrictions. Details of the nature and purpose of each restricted fund are set out in note 16b.

The Charity has one Endowment fund, the Cutler Trust. Income derives from the investment of the fund and is used to promote the education of persons in need under 25 years of age, whose parents are or were teachers in the London area.

(xv) Support Costs

Support costs cover those funds which assist the running of the charity and mainly comprise of staff costs and overheads. These costs have been allocated between costs of raising funds and charitable expenditure.

4. Significant judgements and estimates

In preparing these financial statements, the Trustees have made the following judgements:

Legacy income is based on proof of entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable.

Investment Property is valued at open market value at the reporting date, less an adjustment to reflect the discount that would be applied to the sale value on the basis of an incumbent tenant.

The independent valuation survey was commissioned in 20/21FY and the adjusted value of investment property is reflected in the accounts.

Investments – Listed investments are valued at the quoted bid price at the reporting date.

Tangible Fixed Assets and Intangible assets are depreciated over their useful lives taking into account residual values where appropriate. The actual lives of the assets and residual values are assessed annually.

38 Annual Report and Accounts 2021-22

Education Support

Notes to the financial statements for the year ended 31 March 2022

5. Expenditure for the year to 31 March 2022

Counselling and mental health advice service
Financial support
Communications, Policy and Research
Information and on-line services
Training and organisational development
Paid for services
Cost of generating voluntary income
Total		 Grants (£)
-
307,976
-
307,976		 Direct Staff
costs (£)		 Other direct
costs (£)
948,969
-
159,579
3
43,902
35,723
116,511
1,304,687		 Support
Costs (£)
Year to
March 2022
Total (£)
1,153,493
432,682
416,646
150,036
43,902
543,583
489,754
141,315 63,209
63,608 61,098
166,875 90,192
82,838 67,195
- -
303,241 204,619
235,775 137,468
993,652 623,781 3,230,096

5. Expenditure for the year to 31 March 2021

Counselling and mental health advice service
Financial support
Communications, Policy and Research
Information and on-line services
Training and organisational development
Occupational Health Management
Paid for services
Cost of generating voluntary income
Total		 Grants (£)
-
210,821
-
312,300		 Direct Staff
costs (£)		 Other direct
costs (£)
856,028
-
110,990
-
33,414
-
5,205
138,075
1,143,712		 Support
Costs (£)
Year to
March 2021
Total (£)
942,952
374,287
343,003
108,958
33,414
-
518,342
494,429
57,668 29,256
97,603 65,863
132,211 99,802
57,144 51,814
- -
347,649 165,488
225,962 130,392
918,237 542,615 2,815,385

Resources expended are allocated to the particular activity where the cost relates directly to that activity. The cost of overall direction and administration of each activity, comprising the salary and overhead costs of the central function, is apportioned on the following basis which is an estimate, based on staff time, of the amount attributable to each activity.

Counselling and mental health advice services represent the costs of delivering Employee Assistance Programme, Free Helpline and Occupational Health Services. In addition we also deliver a range of services incuding online peer to peer support and Telephone supervision through grants from English and Welsh governments.

Financial Support costs relate to grants awarded to help people with financial emergencies and the burden of short term debt, to pay for essential unaffordable items and to help them stay in or get back to work. All grants are paid to individuals.

Communications and Policy represents the expenditure associated with survey, research and statistical analysis in order to bring awareness of the challenges within the education sector.

Information and on-line service costs represent the expenditure associated with commissioning social media content, marketing and events to increase awareness and promote our services.

Training and organisational development costs represent the costs of delivering staff and leadership development programs, staff engagement surveys and wellbeing training.

Paid for services costs represent the costs of selling our commercial products and services.

Costs of generating voluntary income represent the costs of running and supporting our fundraising function.

39 Annual Report and Accounts 2021-22

Education Support

Notes to the financial statements for the year ended 31 March 2022

5. Expenditure for the year to 31 March 2021 (continued)

5. Expenditure for the year to 31 March 2021 (continued)
Support costs include:
Office administration costs
Building administration costs
Organisational Management
Human Resources costs
Finance Costs
Professional fees
Marketing and communications costs
IT Costs
Governance costs
Total overheads		 Support Costs
March 2022		 Support Costs
March 2021
80,946
54,636
97,746
110,550
66,696
4,304
1,732
67,951
58,054
102,721
53,103
82,673
109,143
85,977
19,974
16,209
97,078
56,903
623,781 542,615

Increase in Office and Building administration costs is mainly due to increased office costs/ cleaning and maintenance to reflect a return to office work Decrease in Organisational Management costs reflects the results of reduction in senior Leadership numbers

Increase in Finance costs in the current year is a result of treatment of Pension deficit reduction

5a. Strategy Development

Professional Fees costs increased due to more Associate work

Increase in marketing and communication support costs is due to additional research and reporting on policy issues Increase in IT reflects additional costs in hybrid/home working equipment/support

5b. Governance Costs

Strategic development costs were paid to improve our infrastructure, knowledge and our income generation with funding provided by Trustees to make improvements to our IT infrastructure, develop our Research knowledge and review and test our donor program.

The main components of strategic development are:

Website Development
Communication
Programme Development
Strategic Project		 £
77,768
24,366
13,003
22,740
137,877

Costs classified as governance relate to the general running of the charity and included operation of the Board of Trustees and addressing constitutional, audit and other statutory matters, and are made up of the following:

Financial Audit fees
Grants Audit fees
Governance Travel and Subsistence
Governance Meetings
Apportionment of staff costs
Professional and Legal Costs
Total		 March
2022 (£)

March
2021 (£)

19,543
8,000

606
-

29,905
-
18,780
552
-
37,571
-
56,903 58,054

6. Investment Income

6. Investment Income
Income from listed investments
Bank interest receivable
Total		 General
Funds (£)
75,366
37
75,403		 Restricted
Funds (£)		 March 2022
Total (£)
93,402
37
93,439		 General
Funds (£)
66,008
570
66,578		 Restricted
Funds (£)		 March 2021
Total (£)
84,845
570
18,036 18,837
- -
18,036 18,837 85,415

40 Annual Report and Accounts 2021-22

Education Support

Notes to the financial statements for the year ended 31 March 2022

7. Net outgoing resources for the year are stated after charging

Depreciation
Auditor’s remuneration: Audit fees (excluding VAT)		 Year to March 2022 (£) Year to March 2021 (£)
13,630
17,200
14,635
18,780
8. Employee information
Employee Costs
Wages and salaries
Social security costs
Pension costs
Redundancy payments within year
Redundancy payments in 20/21 FY relate to 1 staff members		 Year to March 2022 (£) Year to March 2021 (£)
1,111,767
118,314
113,135
20,982
1,150,892
121,344
117,665
12,000
1,401,901 1,364,198
The average number of employees during the period was:
Fundraising
Paid for Services
Financial Support
Information and on-line services
Counselling and Mental Health services
Communications, Policy and Research
Administration
Total		 Year to March 2022 (£) Year to March 2021 (£)
4
5
2
2
1
4
8
4
4
1
1
6
7
8
31 26
Key management personnel aggregate pay (including NI and pension) Year to March 2022 (£) Year to March 2021 (£)
311,453
361,335

During the year key management personnel comprised of:

During the year key management personnel comprised of:
c CEOc Director of Finance and Operationsc Director of Income Generation c Director of Programmes
Employee information
The number of employees earning in excess of £60,000
per annum (including taxable benefits) was:
over £100,000
£90,001 to £100,000
£80,001 to £90,000
£70,001 to £80,000
£60,001 to £70,000		 Year to March 2022 (£)
Year to March 2021 (£)*
0
1
0
1
3
1
0
1
1
1
9. Trustees *Note: 2021 figures include pension contributions
Trustees provide their services without remuneration
Total expenses reimbursed to the trustees (including amounts paid on behalf of trustees)
for travel, accommodation and subsistence
Number of trustees claiming expenses during the year		 Year to March 2022 (£)
-
-		 Year to March 2021 (£)
126
1

41 Annual Report and Accounts 2021-22

Education Support

Notes to the financial statements for the year ended 31 March 2022

10. Tangible (TFA) and intangible fixed assets (IFA)

Group & Charity
Cost
At 1 April 2021
Additions
Disposals
At 31 March 2022
Accumulated depreciation
At 1 April 2021
Charge for the year
Disposals
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021		 TFA TFA
Furniture,
equipment,
fixtures &
fittings (£)
195,693
8,610
-
204,303
195,693
1,005
-
196,698
7,605
-		 TFA IFA
Software
(£)
65,236
-
Leasehold
property
including
refurbishment (£)		 Total
(£)
1,314,276 1,509,969
- 8,610
- -
1,314,276 1,518,579 65,236
65,236
-
178,057 373,750
13,630 14,635
- -
191,687 388,385 65,236
1,122,589 1,130,194 -
1,136,219 1,136,219 -

11. Fixed asset investments

Summary
Listed investments (a)
Unlisted investment (b)
Investment Property (c)		 March 22
Group (£)		 March 22
Charity (£)
3,318,653
102
520,000
3,838,755		 March 21
Group (£)
March 21
Charity (£)
3,022,888

102
520,000
3,318,653 3,022,888
- -
520,000 520,000
3,838,653 3,542,888 3,542,990

(a) Listed Investments Group & Charity

At 1 April 2021
Additions
Disposals
Realised gain/(loss)
Unrealised gain/(loss)
Cash held by broker
At 31 March 2022
Historical cost		 Unrestricted Unrestricted Total Total
Fixed Interest
(£)
746,327
-
(87,223)
-
95,291
754,395
754,395		 Equities
(£)
861,433
292,515
(423,206)
(142,351)
190,774
779,165
779,165		 Overseas
Equities (£)		 Alternative
Investments (£)
496,667
-
-
-
57,487
554,154
554,154		 Year to March
2022 (£)		 Year to March
2021 (£)
2,647,807
387,162
(435,542)
67,898
312,017
874,915 3,022,888
210,548 503,063
(174,835) (685,264)
- (142,351)
29,000 372,552
939,628 3,070,888 2,979,342
43,546
247,765
939,628 3,318,653 3,022,888
2,627,209 2,667,058

42 Annual Report and Accounts 2021-22

Education Support

Notes to the financial statements for the year ended 31 March 2022

11. Fixed asset investments (continued)

Unrestricted fund investments consist of a portfolio of listed investments managed on the Charity’s behalf by professional fund managers. The following investments make up more than 5% of the total investment portfolio:

% of total (%) Market Value
(£)
United Kingdom (Government of) 4.25% Gilt Snr Bds 5.98 196,141
JPMorgan American Investment Trust 7.90 262,140
(b) Unlisted investments
100% interest in TBF Holdings Limited (i)
Incorporated in the United Kingdom,
Company Number 4328710
100% interest in TBF Trading (No. 2) Limited (ii
Incorporated in the United Kingdom,
Company Number 4162015		 Group
at 31 March
2022 (£)
-
-
-		 Charity
at 31 March
2022 (£)		 Group
at 31 March
2021 (£)
-
-
-		 Charity
at 31 March
2021 (£)
100 100
2 2
102 102

(i) Education Support Partnership owns the entire share capital of TBF Holdings Limited, a company limited by shares and incorporated in England and Wales. TBF Holdings Limited was dormant during the year and the previous period.

(ii) Education Support Partnership owns the entire share capital of TBF Trading (No. 2) Limited, a company limited by shares and incorporated in England and Wales. The company was dormant during the year and the previous period.

(c) investment property
Market value at 1st April 2021
Unrealised gain on valuation
Market value at 31st March 2022		 at 31 March
2022 (£)		 at 31 March
2021 (£)
422,500
97,500
520,000
-
520,000 520,000

In 20/21 FY we commissioned an independent valuation survey to value the investment property. Based on that report, the market value of the freehold property was estimated to be £520,000.

The Directors, having reviewed market changes over the last 12 months do not believe there has been a material change to that valuation.

43 Annual Report and Accounts 2021-22

Education Support

Notes to the financial statements for the year ended 31 March 2022

12. Debtors

12. Debtors
Trade debtors
Prepayments and accrued income
Legacy debtor
Other debtors
Welfare loans		 March 22
Group (£)		 March 22
Charity (£)
137,262
375,053
3,072
42,959
30,331
588,677		 March 21
Group (£)		 March 21
Charity (£)
119,525
84,209
13,467
43,578
30,451
137,262 119,525
375,053 84,209
3,072 13,467
42,961 43,580
30,331 30,451
588,679 291,232 291,230

Legacy debtor relates to legacy income which was notified and Education Support was entitled to before 31 March 2022 and had been accrued as required by FRS 102.

13. Creditors: amounts falling due within one year

Amount due to subsidiary undertakings
Trade creditors
Taxation and social security costs
Pensions including pension fund deficit contribution plan
Accruals and deferred income including holiday pay
Other creditors		 March 22
Group (£)		 March 22
Charity (£)
100
116,808
53,733
47,965
636,815
12,909
868,330		 March 21
Group (£)		 March 21
Charity (£)
100
179,837
45,755
91,791
594,035
9,826
- -
116,808 179,837
53,733 45,755
47,965 91,791
636,815 594,035
12,909 9,826
868,230 921,244 921,344

13a. Deferred Income

13a. Deferred Income
Deferred Income b/f
Released in year
Deferred to next year
Deferred income c/f		 March 22 (£) - March 21 (£)
477,768 412,409
5,678,243 6,072,954
(5,690,785) (6,007,595)
465,226 477,768

Deferred income relates to paid for services that are expected to be delivered over several months. Employee Assistance Programmes and Positive Workplace Programmes are delivered over 12 month period from the start of the contract. Headspace/ Yourspace and training and development service deferrals based on the duration of the individual contracts.

14. Pension Provision

14. Pension Provision
Pensions including pension fund deficit contribution plan March 22
Group (£)		 March 22
Charity (£)
47,847
47,847		 March 21
Group (£)		 March 21
Charity (£)
222,244
47,847 222,244
47,847 222,244 222,244

44 Annual Report and Accounts 2021-22

Education Support

Notes to the financial statements for the year ended 31 March 2022

15. Pension Scheme

The company participates in the scheme, a multi-employer scheme which provides benefits to some 638 non-associated participating employers. The scheme is a defined benefit scheme in the UK. It is not possible for the company to obtain sufficient information to enable it to account for the scheme as a defined benefit scheme. Therefore it accounts for the scheme as a defined contribution scheme.

The scheme is subject to the funding legislation outlined in the Pensions Act 2004 which came into force on 30 December 2005. This, together with documents issued by the Pensions Regulator and Technical Actuarial Standards issued by the Financial Reporting Council, set out the framework for funding defined benefit occupational pension schemes in the UK.

The scheme is classified as a 'last-man standing arrangement'. Therefore the company is potentially liable for other participating employers' obligations if those employers are unable to meet their share of the scheme deficit following withdrawal from the scheme. Participating employers are legally required to meet their share of the scheme deficit on an annuity purchase basis on withdrawal from the scheme.

A full actuarial valuation for the scheme was carried out at 30 September 2020. This valuation showed assets of £800.3m, liabilities of £831.9m and a deficit of £31.6m. To eliminate this funding shortfall, the Trustee has asked the participating employers to pay additional contributions to the scheme

as follows:

Deficit contribution

From 1 April 2022 to 31 January 2025: £3,312,000 per annum (payable monthly)

Unless a concession has been agreed with the Trustee the term to 31 January 2025 applies.

Note that the scheme’s previous valuation was carried out with an effective date of 30 September 2017. This valuation showed assets of £794.9m, liabilities of £926.4m and a deficit of £131.5m. To eliminate this funding shortfall, the Trustee asked the participating employers to pay additional contributions to the scheme as follows:

Deficit contributions

From 1 April 2019 to 30 September 2025: £11,243,000 per annum (payable monthly and increasing by 3% each on 1st April)

The recovery plan contributions are allocated to each participating employer in line with their estimated share of the Series 1 and Series 2 scheme liabilities.

Where the scheme is in deficit and where the company has agreed to a deficit funding arrangement the company recognises a liability for this obligation. The amount recognised is the net present value of the deficit reduction contributions payable under the agreement that relates to the deficit. The present value is calculated using the discount rate detailed in these disclosures. The unwinding of the discount rate is recognised as a finance cost.

Present values of provision


Present values of provision
Present value of provision 31 March 2022 (£)
85,045		 31 March 2021 (£) 31 March 2020 (£)
277,148 335,756

Reconciliation of opening and closing provisions

Provision at start of period
Unwinding of the discount factor (interest expense)
Deficit contribution paid
Remeasurements - impact of any change in assumptions
Remeasurements - amendments to the contribution schedule
Provision at end of period		 Period Ending
31 March 2022 (£)		 Period Ending
31 March 2021 (£)
335,756
2,919
(64,792)
3,265
-
277,148
902
(66,736)
(1,400)
(124,869)
85,045 277,148

Income and expenditure impact

Income and expenditure impact
Period Ending Period Ending
31 March 2022 (£) 31 March 2021 (£)
Interest expense 902 2,919
Remeasurements – impact of any change in assumptions (1,400) 3,265
Remeasurements – amendments to the contribution schedule (124,869) -
Contributions paid in respect of future service* * *
Costs recognised in income and expenditure account * *

*includes defined contribution schemes and future service contributions (i.e. excluding any deficit reduction payments) to defined benefit schemes which are treated as defined contribution schemes. To be completed by the company.

45 Annual Report and Accounts 2021-22

Education Support

Assumptions

Assumptions
31 March 2022 31 March 2021 31 March 2020
% per annum % per annum % per annum
Rate of discount 1.60 0.37 0.97

The discount rates shown above are the equivalent single discount rates which, when used to discount the future recovery plan contributions due, would give the same results as using a full AA corporate bond yield curve to discount the same recovery plan contributions.

The following schedule details the deficit contributions agreed between the company and the scheme at each year end period:

Deficit contributions schedule

31 March 2022
31 March 2021		 31 March 2022
31 March 2021		 31 March 2020
Year ending (£) (£) (£)
Year 1 33,441 66,736 64,792
Year 2 26,717 68,738 66,736
Year 3 26,717 70,800 68,738
Year 4 0 72,924 70,800
Year 5 - - 72,924
Year 6 - - -
Year 7 - - -
Year 8 - - -
Year 9 - - -
Year 10 - - -

The company must recognise a liability measured as the present value of the contributions payable that arise from the deficit recovery agreement and the resulting expense in the income and expenditure account i.e. the unwinding of the discount rate as a finance cost in the period in which it arises.

It is these contributions that have been used to derive the company’s balance sheet liability.

Statement of Changes in Reserves

16a. Endowment Fund

Cutler Trust Balance as at 31
March 2021
(£)		 Income
(£)
1,193		 Expenditure
(£)		 Gains/ (Losses)
on Investments
(£)
2,939		 Transfers
(£)		 Balance as at 31
March 2022
(£)
60,658 (1,193) 63,597

The Cutler Trust is a permanent endowment to promote the education of persons in need under 25 years of age, whose parents are or were teachers in the London area.

46 Annual Report and Accounts 2021-22

Education Support

Notes to the financial statements for the year ended 31 March 2022

16b. Restricted funds for the year to 31 March 2022

DFE programme
Welsh Government
programme
Cutler Trust
TeachWell grant
G Hollows
Kent NAHT
Scottish Teachers &
Lecturers
NUT Development Workers
Fund
Widows Fund
Alan Naylor legacy
CSiS Grant
Teacher Support Network
Funds
Recourse Funds		 Balance as at 31
March 2021 (£)		 Income (£)
235,539
349,219
32
283
113
96
-
135
114
156
-
-
15,914
601,601		 Expenditure (£) Gains/(Losses) on
Investments (£)
(233,223)
-
(255,450)
-
(300)
79
-
699
-
244
-
236
-
-
-
331
-
281
-
385
-
-
-
-
(114,831)
39,133
(603,804)
41,388		 Transfers (£) Balance as at 31
March 2022 (£)
-
93,769
2,616
15,325
6,089
5,181
-
7,283
6,187
8,437
4
-
747,331
- (233,223) (2,316)
- (255,450) -
1,612 (300) 1,193
14,343 - -
5,732 - -
4,849 - -
- - -
6,817 - -
5,792 - -
7,896 - -
4 - -
- - -
807,115 (114,831) -
854,160 (603,804) (1,123) 892,222

Restricted funds for the year to 31 March 2021

DFE programme
Welsh Government
programme
Cutler Trust
TeachWell grant
G Hollows
Kent NAHT
Scottish Teachers &
Lecturers
NUT Development Workers
Fund
Widows Fund
Alan Naylor legacy
CSiS Grant
Teacher Support Network
Funds
Recourse Funds		 Balance as at 31
March 2021 (£)		 Income (£)
95,000
206,857
88
263
105
89
-
125
106
145
-
-
16,783
319,561		 Expenditure (£) Gains/(Losses) on
Investments (£)
(95,000)
-
(206,857)
-
(4,314)
391
-
1,170
-
468
-
396
-
-
-
556
-
473
-
644
-
-
-
-
(107,821)
74,647
(413,992)
78,745		 Transfers (£) Balance as at 31
March 2022 (£)
-
-
1,612
14,343
5,732
4,849
-
6,817
5,792
7,896
4
-
807,115
- (95,000) -
- (206,857) -
4,314 (4,314) 1,133
12,910 - -
5,159 - -
4,364 - -
- - -
6,136 - -
5,213 - -
7,107 - -
4 - -
- - -
823,506 (107,821) -
868,713 (413,992) 1,133 854,160

47 Annual Report and Accounts 2021-22

Education Support

Notes to the financial statements for the year ended 31 March 2021

16b. Restricted funds (continued)

16c. Unrestricted funds

16c. Unrestricted funds
Unrestricted Funds:
Comprise of:
Designated Fund
Fixed Asset
Development Fund
Grant Reserve
Free Reserves		 Balance at 31
March 2021 (£)		 Transfers (£)
2,316
2,316
2,316		 Net movement
in funds excl
transfers (£)		 Balance
at 31 March
2022 (£)
4,879,391
1,130,194
154,062
350,000
3,245,135
4,355,998 521,077
1,136,219 (6,025)
291,939 (137,877)
350,000
2,577,840 664,979
4,355,998 521,077 4,879,391

48 Annual Report and Accounts 2021-22

Education Support

Notes to the financial statements for the year ended 31 March 2022W

17. Analysis of Group and Charity net assets between funds

2022
Fixed assets
Investments
Current assets
Current liabilities
Long term liabilities
Net assets at 31 March 2022		 General fund
(£)		 Endowment fund
(£)
-
63,597
-
-
-
63,597		 Restricted funds
(£)
-
892,222
-
-
-
892,222		 Designated funds
(£)		 Total funds
(£)
1,130,194
3,838,743
1,782,972
(868,852)
(47,847)
- 1,130,194
2,882,924 -
1,278,910 504,062
(868,852) -
(47,847) -
3,245,135 1,634,256 5,835,210
2021
Fixed assets
Investments
Current assets
Current liabilities
Long term liabilities
Net assets at 31 March 2020		 General fund
(£)		 Endowment fund
(£)
-
60,658
-
-
-
60,658		 Restricted funds
(£)
-
854,160
-
-
-
854,160		 Designated funds
(£)		 Total funds
(£)
1,136,219
3,542,888
1,735,197
(921,244)
(222,244)
- 1,136,219
2,628,070 -
1,093,258 641,939
(921,244) -
(222,244) -
2,577,840 1,778,158 5,270,816

Analysis of Charity net assets between funds

2022
Fixed assets
Investments
Current assets
Current liabilities
Long term liabilities
Net assets at 31 March 2021		 General fund
(£)		 Endowment fund
(£)
-
63,597
-
-
-
63,597		 Restricted funds
(£)
-
892,222
-
-
-
892,222		 Designated funds
(£)		 Total funds
(£)
1,130,194
3,838,845
1,782,970
(868,952)
(47,847)
- 1,130,194
2,883,026 -
1,278,908 504,062
(868,952) -
(47,847) -
3,245,135 1,634,256 5,835,210
2021
Fixed assets
Investments
Current assets
Current liabilities
Long term liabilities
Net assets at 31 March 2020		 General fund
(£)		 Endowment fund
(£)
-
60,658
-
-
-
60,658		 Restricted funds
(£)
-
854,160
-
-
-
854,160		 Designated funds
(£)		 Total funds
(£)
821,105
3,542,990
1,735,195
(921,344)
(222,244)
- 1,136,219
2,628,172 -
1,093,256 641,939
(921,344) -
(222,244) -
2,577,840 1,778,158 5,270,816

49 Annual Report and Accounts 2021-22

Education Support

Notes to the financial statements for the year ended 31 March 2022

18. Operating lease commitments

At 31 March 2022 the group had total future minimum lease commitments under non-cancellable operating leases as follows:

At 31 March 2022 the group had total future minimum lease
commitments under non-cancellable operating leases as follows:
Plant and Machinery March 22 (£) March 21 (£)
Maturing within one year (equipment) 11,657 11,657
Maturing between one and five years (equipment) 971 12,628

19. Related party transactions

There were no identified related party transactions in 2021/22 (2020/21: none).

The total donations received from trustees in 2021/22 amounted to 0 (4 trustees in prior year donated £1,227)

20. Financial Instruments

20. Financial Instruments
Financial asset measured at fair value
Financial assets measured at amortised cost
Financial liabilities measured at amortised cost		 March 22 (£) March 21 (£)
520,000
248,587
520,000
557,684
814,397 875,489

50 Annual Report and Accounts 2021-22

Education Support

r'ri 51 W Annual RepDrt and Accounts 2021- Education Support

Education Support 40A Drayton Park, London, N5 1EW +44 (0) 20 7697 2750 educationsupport.org.uk

Registered Charity No. 1161436 © 2022 Education Support