2020-07-31-accounts - Skills 4 Work (Gateshead) Limited

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Charity information				1
Trustees' Annual Report				1
Statement ofdirectom'	responsibilities			8
Independent Accountant's		Report		10
Funds Statements:-
Statement of Financial	Activities			12
Statement of Financial	Activities - Prior Year statement			13
Statement oftotal recognised			gains and losses	14
Movements in funds				16
Revenue Funds				16
Income and Expenditure	account			17
Balance sheet				18
Notes to the accounts				19

fully detailed in		s follows:-
		2020	2019
		6
Net income		20,363	12,425
Unrestricted Revenue Funds available for the general purposes ofthe charity		15,177	4,980
Restricted Revenue	Funds	39,546	29,380
Total Funds		54,723	34,360

year ended 31July	2020,	as req	uired by the C	ompanies Act 20	05j
		6 pap Rst	Current year Unrestricted	Current year Restricted	Current year TotsiFunds	Prior Year Total Funds
			Funds	Funds
			2020	2020	2020	2019
			2		K
Income &Endowments	from:
Donations &Legacies		A1	7,978	49,144	57,122	50,505
Charitable activities		A2	4,020		4,020	3,920
Other trading activities		A3	483	395	878	1,500
Total income			12,481	49,539	62,020	55,925
Expenditure on:
Raising funds		B1		96	96	368
Charitable activities		B2	2,284	39,277	41,561	43,132
Tots I expenditure		B	2,284	39,373	41,657	43,500
Net income for the year			10,197	10,166	20,363	12,425
Net income after transfsm		A-B-C	10,197	10,166	20,363	12,425
Net movement in funds			10,197	10,166	20,363	12,425
Reconciliation offunds:-		E
Total funds brought forward			4,980	29,380	34,360	21,935
Total funds carried forward			15,177		54,723	34,360

Skills 4Work (Gate 4.2ofthe SORP	sh	ead)	Ltd -	Analysis ofpri	or year total fund	s, as required
				Pdior Year	Prior Year	Prior Year
			SORP R&	Unrestricted	Restricted	TotslFunds
				Funds	Funds
				2919	2019	2919
				6	9	9
Income &Endowments	from:
Donations &Legacies			A1	240	50,265	50,505
Charitable activities			A2	3,920		3,920
Other trading activities			A3		1,500	'I,500
investments			A4
Other			A5
Total income				4,160	51,765	55,925
Expenditure on:
Raising funds			B1	134	234	368
Charitable activities			B2	954	42,178	43,132
Other			B3
Tax on surplus on ordinary		activiti	B3
Other taxation			B3
Total expenditure				1,088	42,412	43,500
Net gains on investments			B4
Net income for the year				3,072	9,353	12,425
Transfers between funds
Net income after transfers				3,072	9,353	12,425
Net movement in funds				3,072	9,353	12,425
Reconciliation offunds:-			E
Totalfunds broughtforward				1,908	20,027	21,935
Total funds carried forward				4,980	29,380	34,360

						2020	2019
						5	5
Surplus for the year:-
Net excess of	income over expenditure	from operations		before lax		20,130	12,192
Realised gains	on dispossls of social investments		which are programme		related
income from	operations before faxin	tire Statement		ofFinancial Aciivi res		20,130	12,192
Addi(deduct)	nonincomeandexpenditureitems:-
Grants for the acquisition offixed assets						233	233
Net Movement	in funds before taxation					20,363	12,425
Funds generated in the year as shown		on Statement		ofFinancial Activities		20,363	12,425

fixed assets f	or Charity	use:-
					2020	2019
					6	6
Funds generated	in the year as	detailed	in the SOFA		20,363	12,425
Resources applied	on functional	fixed assets				(700)
Other applications	offunds
Net resources	available to	fund charitable		activities	20,363	11,725

					Unrestricted	Restricted	Total	Last year
					Funds	Funds	Funds	Total Funds
					2020	2020	2020	2019
					2			6
Accumulated		funds brought		forward	4,980	29,380	34,380	21,935
Recognised		gains and	losses before		10,197	10,166	20,383	12,425
transfers
					15,177	39,546	54,723	34,360
Closing	revenue funds				15,177	39,546	54,723	34,360
Summary		of funds			Unrestricted	Restricted	Total	Last Year
					and	Funds	Funds	TotalFunds
					Designated funds
					2020	2020	2020	2010
					9	9	9	9
Revenue	accumulated		funds		15,177	39,546	54,723	34,360

Skills 4Work (Gateshead)	Ltd'	Ltd'
income and Expenditure Account for				the year ended 31July 2020as required			by the
Companies Act 2006
						2020		2019
						5		f
Income
Income from operations						61,787		55,692
Investment income
Gross income in the year before	exceptional			items		61,787		55,692
Gross income in the year including		exceptional			items	61,787		55,692
Expenditum
Charitable expenditure, excluding	depreciation			and	amortisation	41,328		42,899
Depreciation and amortisation						233		233
Fundraising costs						96		368
Realised losses cn disposals of	social investments				which are programme	related
Total expenditure in the year						41,657		43,500
Net income before tax in the financial year						20,130		12,192
Tax on surplus on ordinary activities
Net income after tsx in the financial		year				20,130		12,192
Retained surplus for the financial			year			20,130		12,192
All activities derive from continuing			operations

Skills 4Work (Ga	t	eshead) Ltd - B	alance	Sheet a	s at 31Ju	ly 2020
				SORP
			Note	Ref		2020		2019
						8		6
Fixed assets				A
Tangible assets			10	A2		234		467
Current assets				8
Debtors			11	82	3,320
Cash at bank and in	hand			84	52,004		35.460
Total current assets					55,324		35,460
Creditors: amounts		falling due within
one year							1 567
Net current assets						54,490		33,893
The total net assets		ofthe chadity				54,724		34,360
The total net assets		ofthe charity are	funded	by the funds ofthe		charity, as follows:-
Restricted funds
Restricted Revenue	Funds		16	D2	39,546		29,380
						39,546		29,380
Unrestricted Funds
Unrestricted Revenue		Funds	16	D3	15,177		4,980
						15,177		4,980
Designated Funds
Total charity funds						54,723

Salary costs			2020	2019
Gross Salaries	excluding	trustees and key management personnel	2,511	4,234
Total salaries,	wages and related costs		2,511	4,234
The average number of		part time staff employed in the year was	1	1
The estimated	full time	equivalent number ofall staff employed as above	1	1

Current	Year	Year			Opening	Released	Received	Deferred
					Deferrals	from prior	less released	at year end
						years	In year
						K	K
Sundry	items under 21000					(733)		234
Total					967	(733)		234
							2020	2019
							6	6
These	deferrals are included			in creditors			234	967
Prior Year					Opening	Released	Received	Deferred
					Deferrals	from prior	less released	atyear end
						years	In year
					6	6	6
Sundry	items under 61000				1,425	(1,425)	967	967
Gateshead		Council - MECC			2,446	(2,446)
Community		Foundation	Tyne &Wear and Northumberland		1,280	(1,280)
Total							967	967
							2019	2018
These	deferrais are included			in creditors			967	5,151

Current Year	Land and Buildings	Planta INachinery	Illlotor Vehicles	Total
Cost
At 1 August 2019		1,800		1,800
At 31July 2020		1,600		1,600
Depreciation
At 1 August 2019		1,133		1,133
Charge forthe year		233			233
At 31July 2020		1,366		1	368
Net book value
At 31July 2020					234
At 31July 2019		467			467
Prior Year	Land and Buildings	Plant & Machinery	INotor Vehicles	Total
	f	f
Cost
01 August 2018		900			900
Additions		700			700
01August 2018		1,600		1,600
Depreciation
01August 2018		900			900
Charge for the year		233			233
01 AU9ust 2018		tf133		1	133
Net book value
01August 2018		487			467

charit	y is requi	red und	er t	he terms ofthe gift to hold the asset o	n an ongoing basis.
					2020	2018
					f	f
Total r»uris	ofassets	funded	by	restricted	234	487

11	Debtors
					2020f	2019 6
	Trade debtors				3,320
					3,320
12	Creditors: amounts		falling due within one year		2020	2019f
	Accruals				600	600
	Deferred Income	—Restricted		funds	234	967
					834	1,567
13	Income and Expenditure			account summary	2020	2019
						6
	At 1 August 2019				34,127	21,935
	Surplus after tax	for the	year		20,130	12,192
	At 31July 2020				54,257	34,127

								Funds	brought	Movement In	Movement In	Transfem	Transfem	Funds carried	Funds carried
								forward from		funds	in 2020	between		forward to
								2010				funds	in 2020	2021
										see Note 17
											6
	Unmstricted		and designated				funds:-
	Unrestricted		Revenue		Funds				4,960		10,197				15,177
	Total unrestricted			and designated				funds	4,980		10,197				15,177
	Restricted	funds:-
	Restricted	Revenue		funds					29,380		10,166				39,546
	Total restricted funds								29,380		10,166				39,546
	Total charity		funds						34,360		20,363				54,723
17	Analysis	ofmovements				in	funds over the year as shown		in Note	16
												Other
								Income		Expenditure		Gains &		Movement
												Losses		in	funds
								2020				2020		2020
													K		6
	Unrestricted		and designated				funds:-
	Unrestdicted		Revenue		Funds				12,461		(2,264)				10,197
	Restricted	funds:-
	Restricted	Revenue		funds					49,539		(39,373)				10,186
									62.626	~41,662					20,363

Thi	s analysis isclasssi	s analysis isclasssi	fied by conven	fied by conven	tional nominal descr	iptions a	nd not by acti	vity.
20	Donations, Grants		and Legacies
					Current year		Current year	Current year	Prior Year
					Unrestricted		Restricted	TotslFunds	Total	Funds
						Funds	Funds
						2020	2020	2020	2019
						t		2		0
	Donations and	gifts from individuals
	Small donations	individually less than		F1000		618		618			440
	Total donations individuals	and gifts from				618		618			440
	All the donations	and gifts in the prior		year were unrestiicted.
	Donations and	gifm from individuals			(Include HMRC refunds	on gift aided donations)		- Prior Year	analysis
					Prior Year		Prior Year	Prior Year
					Unrestricted		Restricted	TotslFunds
						Funds	Funds
						2019	2019	2019
	Prior year						200
					Current year unrestnctea		Current year itsstncteo	Current year Total Funds	Prior Year Total Funds
						Funds	Funds
						2020	2020	2020	2019
						t	K	2		2
	Revenue grants	from	government	and
	public bodies
	Gateshead Council						8,320	8,320		4,077
	Community Foundation Northumberland		Tyne 8Wear	&		1,500	13,452	14,952		23,435
	NHS Health Checks										995
	Awards for At						15,495	16,495
	NHS Suicide Prevention						2,100	2,100
	Total public sector revenue grants					1,500	40,367	41,867		28,507

Revenue grants from government	Revenue grants from government	Revenue grants from government	Revenue grants from government	Revenue grants from government	Revenue grants from government	and public bodies - Prior Year analysis
						Prior Year	Prior Year	Prior Year
						Unrestricted Funds	Restricted Funds	Total Funds
						2019	2019	2019
Prior Year							28,507	28,507
						Current year	Current year	Current year	Prior Year
						Unrestricted	Restricted	TotslFunds	Total Funds
						Funds	Funds
						2020	2020	2020	2019
						9	9	9
Revenue grants and donations					from non
public bodies
Small grants	individually		less than		61000	4,640		4,640	1,795
Hays Travel Foundation							2,500	2,500
Curtin PARP							3,000	3,000
Birtley Freemasons							1,000	1,000
UK Youth						1,220	2,044	3,264	2,800
Co-operative	Community		Fund						500
Hadrian Trust
									1,000
Magdalen Hospital		Trust							2,000
SirJames Knott Trust
									2,000
William Trust	1989
									10,000
Summer Fun	Activity								1,230
Total private	sector revenue			grants		5,860	8,544	14,404	21,325
All the grants	in the	prior	year were unrestricted.

					Prior Year	Prior Year	Prior Year	Prior Year
					Unrestricted Funds		Restricted Funds	Total Funds
					2019		2019	2019
Prior Year							21,325	21,325
					Current year		Current year	Current year	Prior Year
					Urlrestricted		Restricted	Total Funds	Total Funds
					Funds		Funds
					2020		2020	2020	2019
Capital grants		from	non public bodies
Small grants	individually			less than f1000			233	233	233
Total private	sector		capital grants				233	233	233
At the grants	in	the prior year were unrestricted.
Capital grants		from	non public bodies - Prior Year analysis
					Prior Year		Prior Year	Prior Year
					Unrestricted Funds		Restricted Funds	TotalFunds
					2019		2019	2019
Prior Year							233	233
Total Donations,				Grants and Legacies
Total Donations, Legacies			Grants and		7,978		49,144	57,122	50,505
All the donations		and gifts in the prior year were unrestricted.
					Unrestricted		Restricted	Prior Year
Prfor year					Funds		Funds	Total Funds
					2019		2019	2019
					9		9	E
Total Donations, Legacies			Grants and			240	50,265	50,505

	Current year						Current year	Current year	Current year	Prior Year
							Unrestricted	Restricted	TotalFunds	Total funds
							Funds	Funds
							2929	2029	2929	2919
							f	9	9	9
	Primary purpose and	ancillary		trading
	Membership subscriptions in services		return for				4,020		4,020	3,920
	Total Primary purpose trading	and	ancillary				4,020		4,020	3,920
22	Total Income from charitable			activities
							Current year	Curmnt year	Current year	Prior Year
	Curmnf year						Unrsstncted Funds	Restrtctsd Funds	TotalFunds	TotalFunds
							2929	2920	2920	2019
							9		9	8
	Total income from charitable		trading				4,020		4,020	3,920
	Total from charitable	activities			A2		4,020		4,020	3,920
23	Income from other,	non	charitable,			trading activities

				Current year	Current year	Curmnt year	Prior Year
				Unrestnctea	Restncted	Total Funds	Total Funds
				Funds	Funds
				2020	2020	2020	2019
				2	9
Income from fundraising		events		483	395	878	1,500
Total from other activities			A3	483	395	878	1,500
A9 the income	in the prior year was unrestricted.
Income from	other, non	charitable,	trading activities	- Prior Year analysis
				Unrestricted Funds	Restricted Funds	TotelFunds
Prior Year					1,500	1,500

24	Expenditure on	charitable	activities - Direct spending	activities - Direct spending	activities - Direct spending
					Current year Unrestncted	Current year Restncted	Current year TotaiFunds	Prior Year TotalFunds
	Current Year				Funds	Funds
					2020	2020	2020	2019
					6	6	6	6
	Travel and Subsistence - Charitable Activities							510
	Cost ofmaterials	for programme				210	210	430
	Total direct spending			B2a		210	210	940
	Ail the expenditure	in the prior year		was unrestricted.
					Prior Year	Prior Year	Prior Year
					unresincted	Restricted	ToialFunds
	Prior Year				Funds	Funds
					2019	2019	2019
					6	6	6
	Travel and Subsistence - Charitable Activities					510	510
	Cost of materials	for programme				430	430
	Total direct spending			B2a		940	940
25	Expenditure on	charitable	activities- Grant funding ofactivities
					Current year	Current year	Current year	Prior Year
					Unrestricted	Restricted	Total Funds	Total Funds
	Current Year				Funds	Funds
					2020	2029	2920	2019
					6	6	6	6
	Work placement	co-ordinator						4,800
	Volunteer team training							3,436
	Sessional tutor -	employment	group		400	34,280	34,680	25,175
	Total grantmaking	costs		82c	400	34,280	34,680	33,411
					Prior Year	Pnor Year	Prior Year
					unrestncted	Restricted	TotalFunds
	Prior Year				Funds	Funds
					2019	2019	2019
					6	6	6
	Work placement	co-ordinator				4,800	4,800
	Volunteer team training					3,436	3,436
	Sessional tutor -	employment	group			25,175	25,175
	Total grantmaking	costs		82c		33,411	33,411

Support costs for charitable	Support costs for charitable	activities
			Current year uhleetrlcted	Current year neethcted		Current year Total Funds		Prior Year TetatFunda
Current Year			Funds	Funds
			2020	2020		2020		2010
			2	2		2		6
Employee costs not included in direct costs
Salaries - Administrative staff			263	2,248		2,511		4,234
Training and welfare - staff					866		866	185
Premises Expenses
Room Hire			460	1,440		1,920		2,905
Property insurance			298				298	323
Administrative overheads
Stationery and printing			212				212	220
Equipment, repairs, expenses		and maintenance						50
Professional fees paid to the Auditor orIndependent			Examiner in addition to			audit and examination
fees
As detailed in Note 27			631				631	631
Financial costs
Depreciation &Amortisation	in total for				233		233	233
Support costs before reallocation			1,884	4,787		6,671		8,781
Total support costs - Current Year			1,884	4,787		6,671		8,781

			Current year	Current year	Prior Year
Prior Year			Unrestricted Funds	Restricted Funds	Total Funds
			2020	2020	2019
			K	6	6
Employee costs notincludedin		direct costs
Salaries - Administrative staff				4,234	4,234
Training and welfare - staff				185	185
Premises Expenses
Room Hire				2,905	2,905
Administrative overheads
Stationery and printing Equipment, repaira, expenses maintenance	and			220 50	220 50
Financial costs
Depreciation &Amortisation	in total for			233	233
Support costs before reallocation			954	7,827	8,781
Total support cosis - Prior	Year		954	7,827	8,781

Professional fees	fees paid	to th	e Auditor or	Independent Examiner	in addition to	audit and el	ramination
				Current year	Current yssr	Current year	Prior Year
				Unrestricted	Restricted	TolslFunds	TolslFuuds
				Funds	Funds
				2020	2020	2020	2019
				F	K
Fees paid to the	examiner's	firm		631		631	631
Total additional fees included support costs at Note 26			in	631		631	631

28	Total Charitable expenditure
	Current Year
	Total direct spending	82a
	Total grantmaking costs	82c
	Total support costs	82d
	Total charitable expenditure	82

Current year UhfsslflCtsd	Current year Reelnclea	Current year TolslFunds	Prior Year TolalFands
Funds	Funds
2020	2020	2020	2019
6	2		2
	210	210	940
400	34,280	34,680	33,411
1,884	4,767	6,671	8,781
2,284	39,277	41,561	43,132

Total	direct spending	82a
Total	grantmaking costs	82c
Total	support costs	82d
Total	charitable expenditure	82

Prior Year	Prior Year	Prior Year
uarestnClea	Reslrictsa	Total Funds
Funds	Funds
2019	2019	2019
2	f	2
	940	940
	33,411	33,411
954	7,827	8,781
954	42,178	43132

Current Year				Current year unresincfsa Funds	Current year Rsslncled Funds	Current year TolslFuads	Prior Year Total Funds
				2020	2020	2020	2019
				2	6	6	6
Cost offundraising		activities			96		368
Total fundraising	cosuf		81			96	368
				Prior Year	Prior Year	Pfial' Y88f
Prior Year				Uhf88fflc'led Funds	Resfnciea Funds	Total Funds
				2019	2019	2019
				6	6	F.
Cost offundraising		activities				368
Total fundraising	costs		81	134	234	368