## ## ## |Trustees|LJ Pratt|||| |---|---|---|---|---| ||A Minshull-Beech|||| ||AWilson|||| ||A Howell|||| ||R Wilson|||| ||M Russell||(Appointed|27 September 2022)| |Chair|A Minshull-Beech|||| |Chief Executive|C Edwards|||| |Charity number|1162711|||| |CIO number|CE005063|||| |Principal address|Inclusion
School, Bridgwater|House||| ||Viables Business Park|||| ||Basingstoke|||| ||HG22 4BS|||| |Auditor|Fiander Tovell Limited|||| ||Stag Gates House|||| ||63/64 The Avenue|||| ||Southam pton|||| ||Hampshire|||| ||60171XS|||| ## |||Page| |---|---|---| |Trustees'
report||1-4| |Independent
auditor's|report|5-8| |Statement
of financial|activities|| |Balance sheet||10| |Statement
ofcash flows||| |Notes to the financial|statements|12-24| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||Unrestricted|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---|---|---|---| |||||||funds|funds|funds||| |||||||general|designated|||| |||||||2023|2023|2023|2023|2022| ||||||Notes|PE||||| |co||w|e|o||||||| |Donations
and|legacies||||3|23,056|||23,056|48,336| |Charitable
activities|||||4|2,214,645|||2,214,645|825,813| |Investments|||||5|4,481|||4,481|1,321| |Other income|||||6|5,201|||5,201|1,471| |Total income||||||2,247,383|||2,247,383|876,941| |~Edit||||||||||| |Chaditable
activities|||||7|2,066,887||52|2,066,939|839,607| |Net incoming/(outgoing)||||resources|before|||||| |transfers||||||180,496||(52)|180,444|37,334| |Gross transfers|between|||funds||(130,000)|130,000|||| |Net income/(expenditure)||||for the year/||||||| |Net movement|in funds|||||50,496|130,000|(52)|180,444|37,334| |Fund balances|at 1|September 2022||||315,4og|2On,nnn|2,898|518,397|481,063| |Fund balances|at|31|August 2023|||365,995|330.000|2,846|698,841|518,397| ## ## ## ||||||2023||2022|| |---|---|---|---|---|---|---|---|---| |||||Notes||||| |Fixed assets||||||||| |Tangible assets||||12||549,386||111,081| |Current assets||||||||| |Debloi s||||13|350,923||68,859|| |Cash at bank and||in|hand||671,409||543,412|| ||||||1,022,332||612,271|| |Creditors:|amounts||falling due within|||||| |one year||||14|(432,877)||(204,955)|| |Net current|assets|||||589,455||407,316| |Total assets less||current liabilities||||1,138,841||518,397| |Provisions|for liabilities|||||(440,000)||| |Net assets||||||698,841||518,397| |Income funds||||||||| |Restricted|funds|||16||2,846||2,898| |Unrestricted|funds|||||||| |Designated|funds|||17|330,000||200,000|| |General
unrestricted|||funds||365,995||315,499|| |||||||695,995||515,499| |||||||698,841||518,397| ## ## ||||||2023||2022|| |---|---|---|---|---|---|---|---|---| |||||Notes||||| |Cash flows from operating|||activities|||||| |Cash generated||from operations||21||171,250||153,919| |Investing|activities|||||||| |Purchase|oftangible
fixed assets||||(45,011)||(106,684)|| |Investment|income received||||1,758||287|| |Net cash|used|in investing|activities|||(43,253)||(106,397)| |Net cash|used|in financing|activities|||||| |Net increase
in||cash and cash equivalents||||127,997||47,522| |Cash and|cash|equivalents|at beginning|ofyear||543,412||495,890| |Cash and|cash|equivalents|at end of|year||671,409||543,412| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Unrestricted| |---|---|---|---|---|---| |||||funds|funds| |||||2023|2022| |||||E|| |Inclusion|Learning|Centre|income||364,968| |Inclusion|College|income||1,038,636|460,845| |Inclusion|School|income||1,176,009|| |||||2.214,645|825,813| ## ## ## |5|investments| |---|---| ||Interest iecetvabte| ||Unrestricted|Unrestricted| |---|---|---| ||funds|funds| ||general|general| ||2023|2022| |Interest iecetvabte|4,461|1.321| |Other income||| ||Unrestricted|Unrestricted| ||funds|funds| ||general|general| ||2023|2022| |||6| |Other income|5,201|1,471| ## ## ## ## ||||2023|2022| |---|---|---|---|---| |Staff costs|||695,065|375,120| |Accreditation,
training|and testing||20.743|3,027| |Temporary
or specialist teaching||resources|155,386|63,827| |Resources|||15,967|5,089| |Transport|||6.426|3,635| |Trips and events|||5,581|598| |Food and drink|||51,457|| |Sundry costs|||1,185|3,050| ||||951,810|454,346| |Share ofsupport costs as restated||(see note 8)|1,087,851|382,311| |Share ofgovernance|costs (see note 8)||27,278|2,950| ||||2,066,939|839,607| |Analysis
by fund||||| |Unrestricted
funds - general|||2,066,887|833,615| |Restricted
funds|||52|5,992| ||||2,066,939|839,607| ## ## ## |Support cos|ts||||||| |---|---|---|---|---|---|---|---| |||||Support|Governance|2023|2022| |||||costs|costs||| |Staff costs||||184,451||184,451|125,429| |Depreciation||||46,706||46,706|3,380| |Staff training,|recruitment||and other costs|53379||r53 379|13,113| |Rent, rates and other||premises costs||660,303||660,303|147,916| |Premises maintenance||and repairs||48,684||48,684|40,288| |Telephone,
computer||and|other office costs|85,924||85,924|28,623| |Travel||||1,683||1,683|1,534| |Marketing||||3,014||3,014|19,092| |Sundry costs||||3,606||3,GOG|2,839| |Bank charges|and interest|||101||101|97| |Audit fees|||||9,000|9,000|| |Accountancy|||||||(700)| |Legal and professional|||||18,278|18,278|3,650| |||||1,087,851|27,278|1,115,129|385,261| |Analysed
between|||||||| |Charitable
activities||||1,087,851|27,278|1,115,129|385,261| ## ## |||2023|2022| |---|---|---|---| |||Number|Number| |||28|23| |Employment|costs|2023|2022| ||||8| |Wages and salaries||778,215|449,949| |Social security costs||66,795|30,492| |Other pension costs||34,506|20,108| |||879,516|500,549| ## ## ## ## ## ## ## |Tangible fix|ed assets||||||| |---|---|---|---|---|---|---|---| |||||Leasehold|Leasehold|Fixtures,|Total| |||||land and|Improvements|fittings and|| |||||buildings||equipment|| |||||8|8|F|| |Cost|||||||| |At 1 September 2022||||92,427||25,917|118,344| |Additions||||19,025|440,000|25,986|485,011| |At 31August|2023|||111,452|440,000|51,903|603,355| |Depreciation|and impairment||||||| |At 1 September 2022||||536||6,727|7,263| |Depreciation|charged|in the|yam|7,437|29,334|9,935|46,706| |At 31August|2023|||7,973|29,334|16,662|53,969| |Carrying
amount|||||||| |At 31August|2023|||103,479|410,666|35,241|549,386| |At 31August|2022|||91,891||19.190|111,081| |Debtors|||||||| |||||||2023|2022| |Amounts
falling due||within|one year:||||| |Trade debtors||||||133,122|8,823| |Other debtors||||||4,431|1,520| |Prepayments|and accrued income|||||213,370|58,516| |||||||350,923|68,859| ## ## ## |14|Creditors:||amounts|falling|due within|one year|||| |---|---|---|---|---|---|---|---|---|---| |||||||||2023|2022| ||||||||Notes|F|E| ||Other taxation and social security|||||||16,234|10,748| ||Deferred income|||||||124,856|53,488| ||Trade creditors|||||||94,475|21,346| ||Other creditors|||||||12,307|| ||Accruals|||||||185,005|119,373| |||||||||432,877|204,955| ||Provisions||for liabilities|||||2023|2022| ||Dilapidalions||provision|||||440,000|| ||Movements||on provisions:||||||| ||||||||||Dilapidations| ||||||||||provision| ||Additional|provisions||in the|year||||440,000| ## ## ## ## ## |||||Movement|Movement|in funds||| |---|---|---|---|---|---|---|---|---| ||||Balance at|Incoming|Resources||Transfers|Balance at| |||1|September|resources|expended|||31August| ||||2022f|||||2023
2| |Expense|reserve||200,000||||130,000|330,000| ||||200,000||||130,000|330,000| |||||Movement||in funds||| ||||Balance at|Incoming|Resources||Transfers|Balance at| |||1|September|resources|expended|||31August| ||||2021|||||2022| ||||f|||||Z| |Expense|reserve||200,000|||||200,000| ||||200,000|||||200,000| ## ## ## |18|Analysis of net assets between|funds||||| |---|---|---|---|---|---|---| ||||Unrestricted|Designated|Restricted|Total| ||||funds|funds|funds|| ||||2023|2023|2023|2023| ||||8|||8| ||Fund balances at 31August 2023|are represented||||| ||by:|||||| ||Tangible assets||549,386|||549,386| ||Current assets/(liabilitios)||256,609|330,000|2,846|589,455| ||Provisions||(440,000)|||(440,000)| ||||365,995|330,000|2,846|698,841| ||||Unrestricted|Designated|Restricted|Total| ||||funds|funds|funds|| ||||2022|2022|2022|2022| ||Fund balances at 31August 2022|are represented||||| ||by:|||||| ||Tangible assets||111,081|||111,081| ||Current
assets/(liabilities)||204,418|200,000|2,898|407,316| ||||315,499|200,000|2,898|518,397| ## ## |||||2023|2022| |---|---|---|---|---|---| |Within one year||||311,333|386,097| |Between two and|five years|||1,558,260|1,544,388| |In over five years||||3,631,240|3,783,437| |||||5,500,833|5,713,922| |Related party transactions|||||| |Remuneration
of|key management|personnel|||| |The remuneration|of key management|personnel|is as follows.||| |||||2023|2022| |Aggregate
remuneration||||55,000|56,794| |21|Cash generated
from|Cash generated
from|Cash generated
from|operations|operations||||2023|2022| |---|---|---|---|---|---|---|---|---|---|---| ||Surplus
for||the year||||||180,444|37,334| ||Adjustments||for:|||||||| ||Investment||income recognised||in statement||offinancial|actiwties|(4,481)|(1,321)| ||Depreciation||and impairment||oftangible|fixed assets|||46.706|3,380| ||Movements||in working|capital:||||||| ||(Increase)|in debtors|||||||(279,341)|(56,605)| ||Increase
in||creditors||||||156,554|125,196| ||Increase
in||deferred
income||||||71,368|45,935| ||Cash generated
from|||operations|||||171,250|153,919|