Docusign Envelope ID: 1D58A3FC-5AB7-4A46-9A54-81C46BEFA057 # **Inclusion Hampshire Annual Report and Financial Statements** **For the year ended 31 August 2024** 2023/2024 www.inclusioneducation.org.uk 2024 Inclusion Education is a working name of Inclusion Hampshire Charity Registration Number: 1162711 Docusign Envelope ID: 1D58A3FC-5AB7-4A46-9A54-81C46BEFA057 ## **Annual Report 2024** ||**Welcome**
**Aims and Objectives**|**1**|| |---|---|---|---| |**Table of Contents**|**Achievement and Performance**
**Impact - Beneficiaries**
**Impact - Staff and Volunteer Engagement**
**Financial Review & Risk Assessment**
**Looking Forward**
**Structure, Governance and Management**
**Reference & Administrative Information**
**Notes to Financial Statement**
**Independent Auditors Report**
**Statement of Financial Activities**
**Balance Sheet**
**Statement of Cash Flows**
**Statement of Trustees Responsibilities**|**2 - 5**
**6**
**7**
**8-9**
**10**
**11-12**
**13**
**15-17**
**18**
**19**
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**21-34**
**14**|| ||||| Docusign Envelope ID: 1D58A3FC-5AB7-4A46-9A54-81C46BEFA057 Annual Report 2024 ## **Welcome From Inclusion Education CEO, Cheryl Edwards** **Inclusion Education (a working name of Inclusion Hampshire) is a registered charity dedicated to supporting disadvantaged and disenfranchised young people, empowering them to reach their full potential.** ## **Aims and Objectives** Our mission is to provide inclusive education provision which delivers nationally recognised accredited courses and holistically meet the needs of vulnerable and/or disadvantaged young people: to raise motivation and aspirations with the young people we work with; and, to support young people into employment in partnership with businesses and the community. **----- Start of picture text -----**
CHERYL EDWARDS
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## Chief Executive Officer (CEO) During this reporting period we have continued to meet our charitable objectives and aims having grown, developed and strengthened our existing services as well as expanding our offer to the wider We are committed to making a positive impact in our community through the development of government approved Independent Special Schools and Colleges, and the development of outreach and specialist programmes to support mental health in the community. community. We are working hard to find future opportunities for development and growth all designed to further our aims of providing greater provision, inclusion and mental health support for our young people. Inclusion Education provides support for young people via our key sites, Inclusion School and Inclusion College and two new services launched this year, Inclusion EB8 and Project Iris. We aim to challenge the stigma surrounding mental health, neurodivergence and additional learning needs within the workplace, community and wider society to promote greater opportunity and experience for the young people in our care and beyond. Page 01 **CEO and Founder** Docusign Envelope ID: 1D58A3FC-5AB7-4A46-9A54-81C46BEFA057 Annual Report 2024 Achievement and Performance ## **Inclusion School** **----- Start of picture text -----**
‘Staff go out of
their way to unlock pupils’ talent’.
Ofsted, November 2023
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Inclusion School has continued to grow and develop since its inception in 2022. Our Independant Special School has increased both pupil and staff numbers whilst also retaining existing staff – which is notable in the current education market. During this period the school further developed links with businesses, organisations and the community to increase opportunities and experiences for our learners through further work experience programmes as well as greater exposure to cultural capital through a series of trips and visits. This was supported by our procurement of a school minibus via Hampshire County Council to support our learners transport needs. Our staff have continued to develop our curriculum honing material to ensure the greatest provision of the range of abilities and needs of our learners. During this report period we were awarded a ‘good’ Ofsted rating and throughout this time we have also become exam board accreditated completed with Pearson, AQA, ASDAN and Princes Trust. Direct claim status awarded by NOCN. **Learners attending** **Number of school staff employed** **Good Ofsted rating awarded Cultural capital trips and expereinces** ‘ **staff instil in pupils’ a self-belief in a future where pupils can play their part in society’ Ofsted, November 2023** Page 02 Docusign Envelope ID: 1D58A3FC-5AB7-4A46-9A54-81C46BEFA057 ## Annual Report 2024 Achievement and Performance ## **Inclusion College** Inclusion College has continued to develop during this reporting period. The College has seen an increase in the number of placements it has been able to offer as well as an expansion of life skills, employability and core courses. The college has built links with businesses and other organisations to offer further experience and opportunities to students and increase their cultural gains. As with previous years focus was placed on mental health, wellbeing and knowledge of British Values to better understand their place in the world. The College received their first preOfsted visit which awarded the organisation with a ‘no concerns’ assessment in preparation for a complete visit in the near future. During this reporting period we appointed a new Headteacher, Liz Cooper to the team. This appointment was designed to support the expansion of the curriculum, reporting measures and systems for the development of the college and beyond. New staff were also appointed throughout the College team as well as a period of restructuring to support growth and ensuring the very best outcomes for students. **Students attending** **Cultural capital trips, visits and experiences throughout the year** **Members of the staff team** Page 03 Docusign Envelope ID: 1D58A3FC-5AB7-4A46-9A54-81C46BEFA057 ## Annual Report 2024 ## Achievement and Performance As the charities core services of school and college grew this year, this has led to the need for a greater focus on our future development and additional services and programmes to reach a wider section of the community as well as promoting the next steps of progression for our young people in line with our objectives. ## **Inclusion EB8** ## _**When diversity is embraced, opportunity expands for everyone**_ This year saw the development and launch of Inclusion EB8, a supportive employability hub, to support young people from 18-25. The service offers employability skills, inhouse work experience, supported work placements and access to careers support and development. This service offers a clear progression pathway for the students attending college to allow them to develop further skills, confidence and experience to become work ready. This has led to the development of a greater network of contacts, working within the business and wider community to establish links and opportunities for our young people. We have also built links with fellow charity The Hygiene Bank, giving them vital storage space on site and working closely with them to provide our students in-house work experience opportunities developing their skills with some hands on experience such as stock taking, order preparation, and promotion. _**(the student has...) already made lots of progress and there’s so much hope for more with your support. Parent Feedback**_ **The charity also secured government funding from the Levelling Up fund of £63,643 to develop EB8 Hart, a supportive employment hub specifically for those young people living in the Hart area whose mental health needs are a barrier to accessing further education or employment. This aspect of the service provides mental health support, with staff working 1:1 with young people to gain confidence, enable them to develop potential career pathways, and work towards work placement and future employment. This was awarded for an eight month period.** **Inclusion EB8 is also designed to champion neurodiversity in the workplace, working with businesses to develop their own working practices to ensure they are able to access the potential of a more diverse and inclusive workforce.** Page 06 Page 04 Docusign Envelope ID: 1D58A3FC-5AB7-4A46-9A54-81C46BEFA057 Annual Report 2024 Achievements and Performance ## **Project Iris** _**Every year, almost 46,000 children between the ages of 10 and 19 end their own lives – about 1 every 11 minutes. (UNICEF 2021)**_ In this country over 200 teenagers die by suicide every year. Through our work supporting young people struggling with mental health challenges, we know the devasting impact this can have on young people, their families and the community. This period saw the development of a new Inclusion service - Project Iris – Growing Hope - a suicide prevention programme designed to support young people from 11 –25. **of our Project Iris attendees reported they felt more able to talk about suicide and find where to get help** Responding to the need reflected by so many of the young people accessing our school and college services, we wanted to provide a programme that would support young people struggling with loneliness, isolation, suicidal ideation, thoughts and self-harm without the need of an Education Healthcare Plan (EHCP) or referral from the Local Authority. **Project Iris works with young people to help them understand more about mental health support then to find strategies and scaffold their recovery. Working with our team of mental health professionals, young people will explore their own thoughts and feelings, combined with access to green and outdoor therapies.** **Referrals have been received from schools, specialist education services, colleges, GPS and families and is a clear indication that we are accessing a wider range of the community to offer these supportive services.** We completed a comprehensive bid and were awarded £163,531 from the Department of Health and Social Care for 12 month suicide prevention programme. **As well as offering invaluable support to young people in our area, the project has strengthened our community reach and partnership working – with Mencap Greenfingers providing the garden space and green activities for the programme and Danny’s Place near Winchester supporting the equine element.** **It has also further developed our networks with increased membership of other suicide prevention agencies and organisations, supporting knowledge of our work at a more national level.** Page 06 Page 05 Docusign Envelope ID: 1D58A3FC-5AB7-4A46-9A54-81C46BEFA057 Annual Report 2024 Impact ## **Beneficaries** **As highlighted throughout this report, our core mission is the betterment and support of disadvantaged young people be this directly through our services and programmes or more indirectly through system, policy and mindset. We work hard to support the young people in our care and strive to have a beneficial impact on our wider community through campaigns, awareness raising and network building. Our organisation has positively impacted the lives of 120 beneficiaries through our sites, Inclusion School, Inclusion College, Inclusion EB8 and the Project Iris programme.** **Through our outreach and networking work developing links with businesses and other organisations to promote mental health and champion neurodiversity in the work place, we have increased our reach and influence footprint, the scope of which we are only just beginning to discover.** Page 02 Page 06 Docusign Envelope ID: 1D58A3FC-5AB7-4A46-9A54-81C46BEFA057 Annual Report 2024 Impact ## **Staff and Volunteer Engagement** **Our staff remain at the heart of all that we do as an organisation. Staff wellbeing and development is key to ensuring we provide the best possible outcomes for the young people in our care. This year saw our staff numbers grow to 57 full and part time members of the team, the highest we have every reached.** This period also saw the launch of a developed version of The Inclusion Way, our training programme designed to support staff in the approach and pedagogy of our trauma informed, PACE inspired methodology for all teaching, learning and interaction with our young people. It promotes positive mental health and a holistic approach to education that centres the young person and promotes relationship building and authenticity to re-engage with learning. The programme will continue to be developed to meet the needs of our staff and ensure the most effective and comprehensive delivery to our young people. This training programme will secure and develop staff skills, knowledge and development inline with the ethos and values of our organisation and allow for future growth by creating a replicable framework for use across other potential sites. Our teaching training pathway was further developed with accredited bodies to provide bespoke professional development. This year also saw our recertification of Gold Award – Mental Health in Schools, Carnegie Centre of Excellence, Leeds Beckett University. Page 07 Docusign Envelope ID: 1D58A3FC-5AB7-4A46-9A54-81C46BEFA057 Annual Report 2024 Financial ## **Financial Review and Risk Assessment** ## **Overview** In the financial year ended 31 August 2024, Inclusion Education has continued to grow its existing education provisions whilst expanding into new services which include the Inclusion EB8 provision, based out of new site in Basingstoke and Project Iris, our suicide prevention programme. All of this was achieved whilst the Charity continues to build its financial resilience and a strong financial base able to support future growth in delivering services to vulnerable and disadvantaged young people. ## **Income** The total income for the 2023/24 financial year grew to £3,533k (2022/23: £2,247k) of which £3,202k (2022/23: £2,215k) is generated from charitable activities. The growth is due to the increase in number of learner places in all our education provisions. Inclusion Education also received £124k of restricted grant income in the year from central and local government bodies. This included grant funding from the Department of Health and Social Care to deliver Project Iris which will continue to March 2025 under the current approved funding agreement. Inclusion Education also benefited in the financial year from a generous donation by the Maurits Mulder Canter Charity. We'd like to sincerely thank everyone who supported our charity through the grants and donations received in the year. ## **Charitable Expenditure** Total expenditure increased for the 2023/24 financial year to £3,054k (2022/23: £2,067k). The Statement of Financial Activities (SOFA) provides an analysis of the split of expenditure between the charitable and support activities. The significant rise in the level of expenditure in the year is mainly due to the increased number of education and support staff required to meet the growth in our activities throughout the year in line with our charitable objectives. **The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's constitution, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)** **23/24 23/24 23/24 £3,533K £3,202K £1,178K Total Income Charitable Income Total Fund Balances 22/23 22/23 22/23 £2,247K £2,215K £699K** Page 06 Page 08 Docusign Envelope ID: 1D58A3FC-5AB7-4A46-9A54-81C46BEFA057 Annual Report 2024 Financial ## **Balance Sheet** ## **Financial Health** The overall net assets for Inclusion Education are £1,178k as at 31 August 2024 (31 August 2023: £699k). This increase reflects the growth in the charitable activities in the financial year and it’s stated objective of ensuring the Charity maintains strong financial health. Cash balances have increased in the year to £1,365k (31 August 2023: £671k). ## **Restricted Funds** These are funds that have either been donated or received as grant funding and are tied to a specific purpose. Unspent restricted funds have increased to £12,723 at the end of the financial year (31 August 2023: £2,846). ## **Unrestricted Funds** Unrestricted funds are those that are not subject to specific restriction in respect of their ultimate purpose. The total of unrestricted funds is £1,165k (31 August 2023: £696k). General unrestricted funds have increased to £665k in the year (31 August 2023: £366k) and to £500k for designated funds held under the Expenses Reserve (an increase of £170k in the financial year). ## **Reserves Policy** As part of the trustee responsibilities for the Charity, they regularly review the finances and are required to approve the annual financial budget ahead of the new financial/academic year. The Financial Controls Policy requires the Charity to hold sufficient funds to cover six months of the projected running costs to mitigate the risk of disruption in the delivery our charitable activities. Whilst this approach is currently appropriate for our finance needs, we will review this in the next financial period - ensuring our reserve policy addresses the financial risk as our education provisions grow. In accordance with the Financial Controls Policy, all designated funds held in the Expenses Reserve can only be used for a purpose approved by the Board of Trustees. ## **Going concern** The Board of Trustees has reviewed the financial statements and consider there to be sufficient reserves on 31 August 2024 for Inclusion Education to continue in operational existence for the foreseeable future. This supports the Charity accounts being prepared on a going concern basis. ## **Post Balance Sheet** There are no post balance sheet events to report. ## **Risk Assessment** A formal risk assessment is in place using the Charities Commission guide. The Trustees review the major risks and their implications and steps are taken to mitigate potential adverse effects. The procedures continue to be maintained and monitored on an ongoing basis. Page 06 Page 09 Docusign Envelope ID: 1D58A3FC-5AB7-4A46-9A54-81C46BEFA057 Annual Report 2024 Future ## **Looking Forward** Inclusion Education will continue to expand its service offering to young disadvantaged and disenfranchised young people. We will also seek to increase the number of places and services we offer to the community. ## **Increase capacity** Increase the number of places at our existing Inclusion School and Inclusion College provisions so that more young learners can benefit from the Inclusion Education services. ## **Quality of education at Inclusion College** In preparation for an Ofsted inspection of the Inclusion College, we will invite an external party to perform an assessment of our readiness ahead of the inspection. ## **Extend Project Iris** Successfully deliver Project Iris in March 2025 and then seek further grant funding to extend our suicide prevention programme for the remainder of the financial year. ## **New education provisions** Inclusion Education will commence its search for a suitable site(s) to increase its capacity and extend the geographical reach of its services. We will evaluate suitable proposals and with the support of our board of trustees, work towards delivering a new educational provision(s). ## **Build Inclusion EB8** Following the successful launch of the Inclusion EB8 service in the 2023-24 financial year, we will look to further expand our links with the local community and increase the number of young learners we support into employment in the 2024/25 financial year. Total expenditure increased in 2023/24 to £3,054k (2022/23: £2,067k). The Statement of Financial Activities (SOFA) provides an analysis **Baton of Hope** of the split of expenditure between theLead the Basingstoke Baton of Hope event which is charitable and support activities. The significantan annual nationwide event that raises awareness increase in the level of expenditure in the year isabout suicide prevention and challenges the mainly due to the increased number ofstigma around talking about suicide. We’ll work to education and support staff required to meetraise awareness and to also gain grant funding, the growth in learner numbers across all oursponsorship and other suitable funding to support sites in the year.the event to be held in the Basingstoke area on 25 September 2025. ## **VAT of School Fees** Inclusion Education will be required to charge output VAT and recover any input VAT incurred on purchases from 1 January 2025. Page 06 Page 10 Docusign Envelope ID: 1D58A3FC-5AB7-4A46-9A54-81C46BEFA057 Annual Report 2024 ## **Structure, governance and management** **The charity is a Charitable Organisation (CIO), registered with the Charity Commission. It was formed on 17 July 2015 and is governed by written constitution.** overned by written constitution. ## **Executive Team** **C Edwards - Chief Executive Officer D Ravenhill - Director of Finance** During this reporting period the charity Senior Management Team has increased in response to the growth and development of the organisation. The role of the Director of Finance has been formalised to give greater control and financial management and the creation of a finance team. This appointment has strengthened processes and systems more befitting of the size and reach of the organisation. It also supports the future aspiration and growth of the charity in line with its charitable aims and objectives. The appointment of the Innovation and Development Director (Social Impact) in April 2024 reflects the development of the social reach and impact of the charity, utilising the expertise acquired through the progression of our education services to forge new pathways, partnerships and influence real change in the community and beyond in line with our objectives. This was also strengthened by the Senior Development Team, CEO, consisting of Heads of School, College, Business and Communications. With effect from September 2024, Inclusion Education has appointed a Chief Operating Officer to further meet the needs of our educational growth and development. Page 11 Docusign Envelope ID: 1D58A3FC-5AB7-4A46-9A54-81C46BEFA057 Annual Report 2024 ## **Structure, governance and management** **The Trustees who served during the year and up to the date of approving the financial statements were:** **Amanda Minshull-Beech - Chair Jane Pratt MBE (Lesley) – Safeguarding Lead Alan Howell Matthew Russell Toni Shaw** Trustee are appointed by a resolution passed at a properly convened meeting of the trustees. Each new trustee is appointed for a minimum of three years. The trustees are responsible for governance, including setting the Charity’s strategy and overall policies and reviewing progress against objectives. The Chief Executive, working closely with Trustees, carries out the day-to-day management of the charity. However, all trustees are encouraged to take an interest in the charity’s project work and take an active part in the management thereof. The charity has maintained good governance practices and complied with regulatory requirements. Although not a statutory requirement, Governor Boards for the School and College have grown and developed with new key appointments from parent governors, local business and industry and specialists in education. The Governor Boards report directly to the Charity Board of Trustees. This year saw the appointment to a further Trustee to the Board, Toni Shaw who brings a wealth and experience of the charity sector. A recruitment programme is also being developed to reflect a wider scope of knowledge, expertise and diversity of our Board of Trustees to further support the aims and vision of the charity. Page 12 Docusign Envelope ID: 1D58A3FC-5AB7-4A46-9A54-81C46BEFA057 Annual Report 2024 ## **Statement of trustees responsibilities** The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping sufficient accounting records that 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 Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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' report was approved by the Board of Trustees. ## **A Minshull-Beech Trustee** 6/1/2025 | 12:05 GMT ## **Date** Page 13 Docusign Envelope ID: 1D58A3FC-5AB7-4A46-9A54-81C46BEFA057 Annual Report 2024 ## **Reference and Administrative information** **Trustees :** Amanda Minshull-Beech Toni Shaw - appointed 30 January 2024 Alexandra Wilson – resigned 1 March 2024 Becky Wilson – resigned 11 March 2024 **Chair** : Amanda Minshull-Beech **Chief Executive:** Cheryl Edwards **Charity Name** : Inclusion Hampshire (also known by working name Inclusion Education) **Charity Number** : 1162711 **CIO Number** : CE005063 **Registered Office** : Inclusion School **Auditor:** Fiander Tovell Limited Page 14 Docusign EnvelopÈ ID." 1D58A3FC-5A87-4A46-9A54-81C46BEFAO57 INCLUSION HAMPSHIRE INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF INCLUSION HAMPSHIRE Opinion We have audited the financial slalements of Indusion Hampshire (the 'charily'l for the year ended 31 August 2024 which comprise the slalemenl of financial aclivilies. the balance sheet. the stslemenl of cash flows and notes lo the financial ststemenls, including significant a¢counling policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting SlandaKI applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Praclicel. In our opinion, the financial slatemenls.. give a true and fair view of the stste of the charity's affairs as a131 August 2024 and of ils incoming resources and application of ￿SourCes, for the year then ended", have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,. and have been prepared in accordance with the requirements of the Charities Act 2011. Basis for opinion We conducted our audit in accordance with International Stsndards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are ftjrther described in the Audilorts ￿SponsIbl1rfAes for the audit of the finanoi81 statements sedion of our report. We are independent of the charity in accordance with the ethi¢al 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 ¥Mth these requirements. We believe that the audit evidence we have obtsined is sufficient and appropriate lo provide a basis for our opinion. Conclusions relating to going concern In auditing the financial stalemenls, we have concluded that the Iruslees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may casl significant doubt on Ihe charity's ability to continue as a going concern for a period of at least Melve rnonlhs from ¥Nhen the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees wth respect lo going concern are described in the relevant sections of this report. other inforniation The other information comprises the information included in the annual report other than the financial $18lements and our audilorfs report Ihereon. The Iruslees are responsible for the other information contained within the annual report. Our opinion on the financial stslemenls does not cover the other infomialion and we do not express any fomi of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent wth the financial statements or our kno￿edge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required lo determine whether this gives rise to a material misstalemenl in the financial stslemenls themselves. If, based on the work we have performed, we conclude that there Is a material misstatement of this other information, we are required lo report that fact. We have nothing lo report in this regard. Matters on whl¢h we are requlred to report by exceptlon We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us lo report to YOU if, in our opinion.. the information given in the financial slalements is inconsislenl in any material respect with the Iruslees, report., or sufficient accounting records have not been kept., or the financial slalements are not in agreement with the accounting records., or we have not received all the information and explanations we require for our audit. 15- Docusign EnvelopÈ ID." 1D58A3FC-5A87-4A46-9A54-81C46BEFAO57 INCLUSION HAMPSHIRE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF INCLUSION HAMPSHIRE Re5ponsibilitie5 of trustees As explained more fully in the stslemenl of Iruslees, responsibilities, the trustees are responsible for the preparation of the financial stslemenls and for being satisfied that they give a true and fair view. and for such internal control as the trustees determine is ne￿$sary to enable the preparation of financial statements that are free from material misslatemenl, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclDsing, as applicable, matters related to going concern and using the going con￿r￿ basis of accounting unless the trustees either intend lo cease operations, or have no realislie altemalive but to do so. Auditorfs responsibilities for the audit of the financial statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance wth the Act and relevant regulations made or having effect Ihereunder. Our objectives are lo obtain reasonable assurance about whether the financial stslemenls as a whole are free from material misslatemenl, 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 bul is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements Can arise from fraud or error and are considered material if. individually or in the aggregate. they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below. Extont to whl¢h th9 audlt was ¢on$ldorgd capable of dot9¢tlng Irr9gularlt19$, In¢ludlng fraud Our approach lo identifying and assessing the risks of material misslalement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows.. the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations. we identified the laws and regulations applicable lo the charity through discussions with Iruslees and other management, and from our commercial knowledge and experience. we focused on specific laws and regulations which we considered may have a direct material effect on the financial 5talemenls or the operations of the charty, including the Charities Act 2011, laxalion legislab"on, data protection, employment, environmental and health and safely legislation. we assessed the exlenl of compliance with the laws and regulations identified above through making enquiries of management. We assessed the susceptibility of the charity's financial stslemenls to material misslatemenl, including obtsining an understanding of how fraud might occur. by.. making enquiries of management as lo where they considered there was susceptibility lo fraud, their knowledge of adual, Suspected and alleged fraud. considering the intemal controls in place to miligale risks of fraud and non-complianee with laws and regulations. Audit response to risks identified To address the risk of fraud through management bias and override of controls, we.. performed analytical pro￿dUreS lo identify any unusual or unexpected relationships. lesled joumal entries lo Identify unusual Iransaclion5. lesled a sample of payments to identify payments being made to unexpected bank accounts. perfomied Iransaclional lesling on payroll costs in respect of those employees with responsibility or authority in connection with the payroll function. assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias. investigated the rationale behind significant or unusual transactions. 16- Docusign EnvelopÈ ID." 1D58A3FC-5A87-4A46-9A54-81C46BEFAO57 INCLUSION HAMPSHIRE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF INCLUSION HAMPSHIRE In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, bul were not limited to". agreeing financial ststement disclosures to underfying supporting documentation. enquiring of management as to adual and potential litigation and daims. There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required lo identify non-complian￿ with laws and regulations ID enquiry of the directors and other management and the Inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder lo delecl than those that arise from error as they may involve deliberate concealment or collusion. A fLJrther description of our responsibilities is available on the Financial Reporting Council's website al.. hllps'.11 wvwj.f￿.or9.Uklaud1tor$re$POnsibl1it￿e$. This description forms part of our auditor's report. other matters Your attention is drawn to the fact that the ¢harily has prepared financial slalements in accordance with Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo Charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021" las amended) in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 which is referred lo in the extant regulations but has now been withdrawn. This has been done in order for the financial statements lo provide a true and fair view in accordance with current Gener8llyAccepled Accounting Prath"ce. Use of our report This ￿port is made solely lo the charity's trustees, as a body, in accordance with part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might slate to the charity's trustees those matters we are required to state to them in an aLJditorfs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed. Adam Buse FCA (Senior Statutory Auditor) for and on behalf of Fiander Tovell Limited 8/1/2025 | 14:40 GI￿[ Chartered Accountants ststutory Auditor Stag Gates House 63164 The Avenue Southampton Hampshire S017 1XS Fiander Tovell Limi(ed is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006. 17- Docusign EnvelopÈ ID." 1D58A3FC-5A87-4A46-9A54-81C46BEFAO57 INCLUSION HAMPSHIRE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2024 Unrestricted Unrestricted Restricted funds funds fvnd$ general designated 2024 2024 Total Total 2024 2024 2023 Notes In¢om9 and endowmènts from: Donations and legacies Charitable activities Investments Other income 178,549 3,201,521 24,025 2,005 127,136 305,685 3,201.521 24,025 2,005 23,056 2,214,645 4,481 5,201 Total income 3,408,100 127,136 3,533,236 2,247,383 Ex enditure on: Charitable activities 2,937,050 117,259 3,054,309 2,066,939 Net incoming resources before transfers 469,050 9,877 478,927 180,444 Gross transfers between funds 1170,0001 170,000 Net income for the yearl Net movement In funds 299,050 170,000 9,877 478.927 180,444 Fund balances al 1 September 2023 365,995 330,000 2,846 698,841 518,397 Fund balances at 31 August 2024 665,045 500,000 12,723 1,177,768 698,841 The stslemenl of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing aclivilies. 18- Docusign EnvelopÈ ID." 1D58A3FC-5A87-4A46-9A54-81C46BEFAO57 INCLUSION HAMPSHIRE BALANCE SHEET AS AT 31 AUGUST 2024 2024 2023 Notes Fixgd assets Tangible assets 12 556,360 549,386 Current assets Debtors Cash at bank and in hand 13 138,382 1,365,331 350,923 671,409 1,503,713 1,022,332 Credttors- amounts falling due within one year 14 1426,9051 1432,8771 Net current assets 1,076,808 589,455 Totsl assets less current Ilabllltle$ 1,633,168 1.138.841 Provlslons for Ilabllltles 1455,4001 1440,0001 Net assets 1,177,768 698,841 Income funds Restricted funds Unreslrided funds Designated funds General unrestricted funds 16 12,723 2,846 17 500,000 665,045 330,000 365,995 1,165,045 695,995 1,177,788 698,841 6/1/2025 | 12:05 Gfvtr The financial stslemenls were approved by the Trustees on . A Minshull-Beech Trustee 19- Docusign EnvelopÈ ID." 1D58A3FC-5A87-4A46-9A54-81C46BEFAO57 INCLUSION HAMPSHIRE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2024 2024 2023 Notes Cash flows from operatlng actlvltles Cash generated from operations 21 714,552 171,250 Invgstlng actlvltlgs Purchase of tangible fixed assets Investment income received {42,0831 21,453 145,0111 1,758 Net cash used in investing activities 120,6301 143,2531 Net cash used in financing activities Net Incrga$g In ¢a$h and ca$h gqulvalgnts 893.922 127,997 Cash and cash equivalents at beginning of year 871,409 543,412 Cash and cash equlvalents at end of year 1,365,331 671,409 -20- Docusign EnvelopÈ ID." 1D58A3FC-5A87-4A46-9A54-81C46BEFAO57 INCLUSION HAMPSHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Accounting policies Charity inforniation Inclusion Hampshire is a charitable incorporated organisalion registered wth the Charity Commission in England and Wales. The office address is Inclusion School, Bridgwaler House, Viables Business Park, Basingstoke, RG22 4AX. 1.1 Accountlng conventlon The financial statements have been prepared in accordance with the charity's constitution. the Charities Act 2011, FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. I'FRS 102.1 and the Charities SORP 'Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable lo charities preparing their accounts in accordance wth the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021" (effective 1 January 20191. The charity is a Public Benefit Entity as defined by FRS 102. The financial slalements have departed from the Charities (Accounts and Reports) Regulations 2008 only lo the exlenl requirèd to provide a truè and lair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred lo in the Regulations but which has since been withdrawn. The financial stslemenls are prepared in slerfing, whid) is the functional currency of the charity. Monetary amounts in these financial stslemenls are rounded to the nearest £. The financial slalements have been prepared under the historical cost convention. The principal accounting policies adopted are sel out below. 1.2 Going concern At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted ftjnds are available for use al the discretion of the trustees in ftJrtheran¢e of their charitable objectives. Designated funds are funds sel aside by the trustees for specific purposes. Reslri¢led funds are subject lo specific conditions by donors as to how they may be used. The purposes and uses of the restri¢ted funds are set out in the notes to the finanaal slalements. Transfers are made be￿en funds when adeqLJale justificab'on and supporting eviden￿ is provided. 1.4 Income Income is re￿gnised when the charity is legally entitled to il after any performance conditions have been met, the amounts can be measured reliably, and il is probable that income will be r￿e1ved. Cash donations are re￿nised on receipt. Other donations are recognised On￿ the charity has been notified of the donation, unless performance condrftions require deferral of the amount. Income lax recoverable in relation to donations received under GiftAid or deeds of covenant is recognised at the lime of the donation. Grants are recognised when the charity has entillemenl after any performance conditions have been mel, il is probable that the income will be received and the amount can be measured reliably. If entillemenl is not met, these these amounts are deferred. 21 Docusign EnvelopÈ ID." 1D58A3FC-5A87-4A46-9A54-81C46BEFAO57 INCLUSION HAMPSHIRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2024 Accountlng pollcles Icontlnuedl Legacies are recognised on receipt or otherwise rf the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit lo third paty. il is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation ¢an be measured reliably. Support costs are allocated to activities in proportion lo the use of facilities and time spent. Where SUPPDrt costs are allocated lo restricted funds, these are allocated in accordan￿ with the temis of the funding agreements. Irrecoverable VAT is charged as a Cost against the category of expenditure lo which it relates. 1.6 Tanglble flxed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any Impairment losses. Depreciation is recognised so as lo write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Leasehold land and buildings Le85ehold Improvements Fixtures, fittings and equipment Straight line over the period of the lease Slraighl line over the period of the lease 25Q/o Straight line The gain or loss arising on the disposal of an asset is detemiined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the slalement of financial activib"es. 1.7 Impalrment of flxed assets At each reporb'ng end date, the charity reviews the carrying amounts of its tangible assets lo detemiine whether there is any indication that those assets have suffered an impaimienl loss. If any such indication exists, the recoverable amount of the asset is eslimaled in order lo determine the extent of the impairment loss lif any). 1.8 Cash and cash equlvalents Cash and cash equivalents indude cash in hand, deposits held al call wth banks, other short-term liquid investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown thin borrowngs in cuirenl Iiabililies. 1.9 Financial instruments The charty has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of ils finanaal inslrumenls. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, wrth the net amounts presented In the financial slatemenls, when there Is a legally enforceable right to sel off the recognised amounts and there is an Intention to sellle on a nel basis or lo realise the asset and settle the liability simultaneously. -22- Docusign EnvelopÈ ID." 1D58A3FC-5A87-4A46-9A54-81C46BEFAO57 INCLUSION HAMPSHIRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2024 Accountlng pollcles Icontlnuedl Baslc flnanclal assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried al amortised cost using the effective interest method unless the arrangement conslilules a financing transaction, where the transaction is measured at the present value of the future receipts discounted al a market rale of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including Creditors and bank loans are initially recognised al transaction price unless the arrangement ¢onslilules a financing transaction. where the debt instrument is measured al the present value of the future payments discounted at a market rale of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequenuy carried al amortised cost, using the effective interest rale method. Trade creditors are obligations lo pay for goods or services that have been acquired in the ordinary Course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade Creditors are re¢ognised initially al transaction price and subsequenuy measured al amortised cost using the effective interest method. Derecognltlon of flnanclal Ilabllltles Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.10 Provisions Provisions are recognised when the charity has a legal or constructive present obligation as a iesull of 8 past event, il is probable that the charity will be required lo settle that obligation and a reliable estimate Can be made of the amount of the obligation. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting end date. taking into account the risks and Un￿rtaInlieS surrounding the obligab'on. here the effect of the time value of money is material. the amount expected to be required lo settle the obligation is recognised al present value. INhen a provision is measured at present value, the unwinding of the discount is recognised as a finan￿ cost in nel incomellexpenditurel In the period in which it arises. 1.11 Employee benefits The cost of any unused holiday enliuement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 1.12 Retiremgnt benefits The charity operates a defined contribution pension scheme. Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. -23- Docusign EnvelopÈ ID." 1D58A3FC-5A87-4A46-9A54-81C46BEFAO57 INCLUSION HAMPSHIRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2024 Critical accounting estimates and judgements In the application of the charity's accounting Policies, the Iruslees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The eslimales and associated assumptions are based on historical experience and other factors that are considered lo be relevant. Actual resu115 Tnay differ from these eslimales. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting eslimales are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and ftjture periods where the revision affects both current and future periods. Critical Judgements The following judgements have had the most significant effect on amounts recognised in the financial slalements. Dilapidation provisions The trustees have obtained a third paty assessment for both leased buildings to estimate the Cost of dilapidations required to return each site to the original state of repair. The dilapidation provision is therefore based on this estimation. Income from donatlon$ and legaclg$ Unrestrlcted Restrlcted funds funds 2024 2024 Total Unrestrlcted Restrfcted funds funds 2023 2023 Total 2024 2023 Donations and gifts Grants re￿1vable Donated goods and setvices 1,653 26,896 2,931 124,205 4.584 151,101 1.880 21,176 1,880 21,176 150,000 150,000 178,549 127,136 305,685 23,056 23,056 Grants include government grants of £124,20512023- £21,176) in support of charitable aclivilies. Donated goods and seThices Donates services are included at the value to the charity, where this can be quantified. Donated goods and services received for which the Trustees have been able to value include donations of rented propety. -24- Docusign EnvelopÈ ID." 1D58A3FC-5A87-4A46-9A54-81C46BEFAO57 INCLUSION HAMPSHIRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2024 Income from charitable activities Unrestrlcted Unrestrlcted funds funds 2024 2023 Inclusion College income Inclusion School income 1,491,437 1,710,084 1,038,636 1,176,009 3,201,521 2,214,645 Investments Unre$lrlcted Unrestrlcted funds funds general general 2024 2023 Interest receivable 24,025 4,481 Other Income Unrestricted Unrestricted funds funds general general 2024 2023 Other income 2.005 5,201 -25- Docusign EnvelopÈ ID." 1D58A3FC-5A87-4A46-9A54-81C46BEFAO57 INCLUSION HAMPSHIRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2024 Charitable activitie5 2024 2023 Staff costs Accredilalion, training and testing Temporary or specialist leaching resources Resources Transport Trips and events Food and drink Sundry costs Rent, rates and other premises costs Premises repairs and maintenance 1,172,681 30,810 97,714 29,302 7,844 38,906 49,456 1,444 816,440 45,336 695,065 20,743 155,386 15,967 6,428 5,581 51,457 1,185 660,303 48,684 2,289,913 1,660,797 Share of support costs as reslaled (see note 81 Share of governance costs (see note 81 741,017 23,379 378,864 27,278 3,054,309 2,066,939 Analysls by fund Unrestricted funds- general Restricted funds 2,937,050 2,066,887 117,259 52 3,054,309 2,066,939 Property related expenditure incurred for the delivery of educational activities has been redassified lo charitable adivities, this was previously reported as support costs. -26- Docusign EnvelopÈ ID." 1D58A3FC-5A87-4A46-9A54-81C46BEFAO57 INCLUSION HAMPSHIRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2024 Support costs Support Govemance costs costs 2024 2023 Staff costs Depreciation staff training, recruitment and other costs Telephone. computer and other office costs Travel M8tkeling Sundry costs Bank charges and interest 398,898 50,509 55,893 209,863 7,816 11,777 5,443 1,018 398,898 50.509 55,893 209.863 7,616 11,777 5.443 1,018 184,451 46.706 53,379 85,924 1,683 3,014 3,606 101 Audit fees Legal and professional 11,712 11,667 11,712 11,667 9,OQO 18,278 741,017 23,379 764,396 406,142 Analysed be￿?en Charrtable activitses 741,017 23,379 764,396 406,142 Governance costs includes payments lo the audf(ors of £11,7121202& £9,000) for audr( fees. Trustees None of the trustees received any remuneration or benefits from the charity during the current and prior years. 10 Employees The average monthly number of employees during the year was.. 2024 Number 2023 Number 43 28 Employment costs 2024 2023 INages and salaries Social security costs Other pension costs 1,382,531 125,546 63,482 778,215 66,795 34,506 1,571,559 879,516 -27- Docusign EnvelopÈ ID." 1D58A3FC-5A87-4A46-9A54-81C46BEFAO57 INCLUSION HAMPSHIRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2024 10 Employees Icontlnuedl The number of employees whose annual remuneration was more than £60,000 is as follows.. 2024 Number 2023 Number 70,00110 80,000 Remuneratlon of key management personnel The remuneration of key management personnel is as follows. 2024 2023 Aggregate compensation 75,000 55,000 11 Taxation The charity is exempl from lax 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 lo ils charitable objects. 12 Tangible fixed assets Leasehold Leasehold land and Improvement5 buildings Fixtur88, fittings and equipment Total Cost At 1 September 2023 Additions 111,452 42,083 440,000 15,400 51,903 603,355 57,483 At 31 August 2024 153,535 455,400 51,903 660,838 Deprgclatlon and Impalrment Al 1 September 2023 Depreciation d)arged in the year 7,973 8,953 29,334 29,334 16,662 12,222 53,969 50,509 Al 31 August 2024 16,926 58,668 28,884 104,478 Carrying amount Al 31 August 2024 136,609 396,732 23,019 556,360 Al 31 August 2023 103,479 410,666 35,241 549,386 -28- Docusign EnvelopÈ ID." 1D58A3FC-5A87-4A46-9A54-81C46BEFAO57 INCLUSION HAMPSHIRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2024 13 Debtors 2024 2023 Amounts falling due within one year: Trade debtors Other debtors Prepayments and accrued income 10,340 6,862 121,180 133,122 4,431 213,370 138,382 350,923 14 Credltors: amounts falllng due wlthln one year 2024 2023 Other taxation and social security Deferred income Trade creditors Other creditors Accruals 32,431 53.546 33,257 10,026 297,645 16,234 124,856 94,475 12,307 185,005 426,905 432,877 15 Provlslons for Ilabllltles 2024 2023 Dilapidations provision 455,400 440,000 Movements on provisions.. Dllapldatlons provlslon At 1 September 2023 Additional provisions in the year 440,000 15,400 At 31 August 2024 455,400 -29- Docusign EnvelopÈ ID." 1D58A3FC-5A87-4A46-9A54-81C46BEFAO57 INCLUSION HAMPSHIRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2024 16 Restricted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject lo specific conditions by donors as lo how they may be used. At1 September 2023 Incoming resources Resources At 31 August expended 2024 OCC Life Skills Programme Little Help Fund Sleep Project Project IRIS Isuicide Prevention) Inclusion School Minibus 1,500 752 11,5001 12811 15941 173,7421 113,5181 110,2661 931 1,402 73,742 13,518 10,266 11.321 408 2,000 14,950 HART UKSPF DFE ISCA and DFC Grant) Department for Work & Pensions Maurits Mulder Canter Charity Pupil Premium Grant 11,321 14081 12,0001 114,9501 2,846 127,136 1117,2591 12,723 Previous year: At1 September 2022 Incoming resources Resources At 31 August expended 2023 OCC Life Skills Programme Little Help Fund Sleep Project 1,500 804 1,500 752 594 1521 2,898 1521 2,846 30- Docusign EnvelopÈ ID." 1D58A3FC-5A87-4A46-9A54-81C46BEFAO57 INCLUSION HAMPSHIRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2024 16 Restrfcted funds Icontlnuedl OCC Life Skills Programme - Funding from Odiham Consolidated Charities IOCCI lo deliver a Lrfe Skills Programme. teaching learners and empowering them to develop the skills required to live a more independent Little Help Fund - Funds raised through donations and events to help support our most vulnerable learners during their lime al Indusion School and Inclusion College. Sleep Project - Funding from BNI International to support young people and their families to piovide training sessions for both learners and their parentslcarers to help them lo understand the benefits of sleep and ways in which they can achieve better sleep health. Project Iris Isuicide Prevention)- Suicide prevention courses for individuals aged be￿een 11 and 25, who are at high risk of suiade and are experiencing one or more of the follo¥Mng - not currenuy attending school or college, being home educated, previously self-harmed, in contact with mental health services, autistic, experiencing gender dysphoria or have other special educational needs. Inclusion School Minibus- Grant provided lo fund a minibus for Inclusion School to transport leatners. Hart UKSPF (UK Shared Prosperity Fund) To provide specific entry lo work support for young people aged 18 and over with mental health needs andlor special educational needs and disabilities ISENDI in the Hart area. DFE ISCA and DFC grant) - Department for Education {DFEI grants. The SchoDI Condition Alocation ISCAI grant Is lo be used for keeping school buildings safe and in good working order and the Devolved Fomiula Capital IDFCI grant is lo fund building maintenance and small capital projects. Department for Work & Pensions- Claims forAccess lo Work allowance for an employee. Maurits Mulder Canter Charity - To fund a specific project which will enable improved classroom subject teaching or well-being adivilies e.g. music inslrumenls, a gardening environment, more books for the library, science lab equipment, elc. Pupil Premium Grant - Local authority distributed grant lo schools which is allocated based on the number of pupils in year groups from reception lo year 11. Grant received for PLAC (previously looked-after Children) and FSM lfree school meals). 31 Docusign EnvelopÈ ID." 1D58A3FC-5A87-4A46-9A54-81C46BEFAO57 INCLUSION HAMPSHIRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2024 17 Designated funds The unreslricled funds of the charity comprise the unexpended balances of donations and grants which are not subject lo specific conditions by donors and grantors as to how they may be used. These include designated funds which have been sel aside out of unreslricled funds by the trustees for specific purposes. Movement in funds Incoming Resources resources expended Balance at 1 September 2023 Transfers Balance at 31 August 2024 Expense reserve 330,000 170,000 500,000 330,000 170,000 500,000 Movement in funds Incoming R8sources resources expended Balance at 1 September 2022 Transfers Balanc8 at 31 August 2023 Expense reserve 200,000 130,000 330,000 200,000 130,000 330,000 Expense reserve ftjnds set aside to provide an adequate safety net for the charitable running costs in accordance with the charity's financial controls policy. 32- Docusign EnvelopÈ ID." 1D58A3FC-5A87-4A46-9A54-81C46BEFAO57 INCLUSION HAMPSHIRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2024 18 Analysis of net assets between funds Unrestrlcted Deslgnated Restrlcted funds funds funds 2024 2024 2024 Totsl 2024 Fund balances at 31 August 2024 are represented by.. Tangible 8ssels Current assetsllliabililiesl Provisions 556,360 564.085 1455,4001 556,360 1,076.808 1455,4001 500.000 12,723 665.045 500.000 12,723 1,177,768 Unrestrlcted Deslgnated Restrl¢ted funds funds funds 2023 2023 2023 Total 2023 Fund balances at 31 August 2023 are represented by.. Tangible assets Current assetsllliabililiesl Provisions 549,386 256.609 1440,0001 549,386 589.455 1440,0001 330,000 2.846 365.995 330.000 2,846 698,841 33- Docusign EnvelopÈ ID." 1D58A3FC-5A87-4A46-9A54-81C46BEFAO57 INCLUSION HAMPSHIRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2024 19 Operating lease commitments Al the reporting end dale the charity had oulslanding commitments for future minimum lease payments under operating leases, which are due as follows. 2024 2023 Ilhin one year Be￿een two and five years In over five years 359,208 1,611,740 3,218,552 311,333 1,558,260 3,631,240 5,189,500 5,500,833 20 Related party transactions During the year the charity had no transactions ¥Arith related parties. In the prior year Stephen Minshull-Beech, the spouse ofAmanda Minshull-Beech was appointed as a teacher al Inclusion School, at a market rale of remuneration. As of the 2024 financial year, Stephen was no longer employed by Inclu510n and therefore no remuneration was paid. 21 Cash generated from operations 2024 2023 Surplus for the year 478,927 180,444 Adjustments for". Investment income recognised in statement of financial aclivf(ies Depreaation and impairment of tangible fixed assets 124,0251 50.509 14,4811 46,706 Movements in working capital.. Decreasellincreasel in debtors Increase in Creditors {Decreasellincrease in deferred income 215,113 65,338 171,3101 1279,3411 156,554 71,368 Cash ggngrat9d from opgratlons 714.552 171,250 34-