OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-07-31-accounts

Page
Charity information
Trustees' Annual
Report
Statement ofdirectors' responslbgities
Independent
Accountant's
Report
Funds Statementsh
Statement of Financial Activities 8
Statement of Financial Acliuftes - Prior Year statement g
Statement oftotal recognised
gains and losses
10
Movements
in funds
12
Income and Expenditure
account
13
Balance sheet 14
Notes tothe accounts 15

Trustees'Annual
Report for the yearended
31July 2
Trustees'Annual
Report for the yearended
31July 2
022
The Trustees present their Report and Accounts for ths year ended 31 July 2022, which also comprises the
Directors' Report required
by the Companies
Aet 2006.
Reference and administrative
details
The shanty name.
The legal name ofIhe charity is:.Skills 4Work (Galeshsad) Lm.
The chargy is also known
by Its operating
name, Bkigs 4Work (Gateshsad)
Limted.
The cnarfty's areas operation
and UK charitable mgisrmgon.
The charily re registered
in England 6Wales
with the Charity Commission in England 6 Wams (CCEW) with charily
number 011e6652.
Ths charily does not operate in any overseas jurisdrclions.
Leglrl srrrlcfars ofths cbsritl
The chmity is conslituied
as scompany
gmited by guarantee,
registered
under the
document
of Ihe chatty Isths Memorandum
and futides ofAssociagon
establishing
Companies
Acts .The governing
the company
under company
legtdstton.
The governing
02 Apnl 2016
document
is dated
corn
There are no reslndions
in the govemtng
documents
an Ihe
operation ofIhe chaltty or on Its investment powers
other than those imposed
by Charity law.
Byoparagon
ofmw ag, trustees are directors
under the compan tee Aci2006and af directom are trustees under
chsdties
legislation
end have responsibildies,
as such, under both company and charity legislation.
The trustees are sg individuals.
The orincioal ooeratino address. teleohone number.
email and web addresses
ofthe charltv arsr-
Plneirss Centre
Durhe
RoM, mriuv
County Durham,
DH3 2TD
Telephone 075e2276263
Email Address
tws kith f2g mail.
Web address sbgs4work. org
The registered
oNce ofIhe chargy for Companies
Aci purposes is-
B3lgngtlsher
House
Team Vemy, Gatsshead
Tyne and Wear. NE1I OJQ
The Trustees
in oBiceon the dale the report was approved were:-
Glenn Farrage
Catherine
Wrlfams
Peter Pro udl ock
Ths following
pemons served as Trustees
during the year ended 31July 2022 r-
Ths trustees who served as a trustee
in lhe reporting
period were as shown above,
and Ihere
during the year, or in ms pened between the year end and Ihe approval of Ihe accounts.
were no changes
Aa the In st es are also msmbem
ofthe charity.

year ended 31J uly 2022, as reg uired by th e Companies Act200$)
soap
RW
Currantyaar
Unrestricted
Currant year
Restricted
Cunent Year
Endowment
Currant year
TotalFunds
Prior Year
TotalFunds
Funds Funds Funlls
2022 2022 2022 2022 2021
E 2 2 E
Income &Endowments from:
Donations
&Legacies
Al 1,250 53,675 54,825 77,646
Charitable
activities
A2 3,570 3,570 3,360
Total income A 4 820 53675 58,495 81,206
Expandltule
on:
Raising funds 81 100 100 242
Charitable
activities
B2 1,069 51,393 52,462 48,701
Total expenditure B 1169 51,393 52,562 ~48943
Net income for the year 3,651 2.282 5,933 32,263
Nat income after lranaram A-8-c s,ssl 2,2a2
Net movement
in funds
3,651 2,282 5,933 32,263
Reconciliation offunds:- E
Total funds brought forward 22,289 64,698 88,987 54,724
Total funds carried forward 25,940 66,980 92,920 86,987

Skills 4Work (Gates
4.2ofthe SORP
head) Ltd - Analysis of prior year t otal funds, as required
by
Prior Year Prior Year Prior Ysw Prior Year
Rrd Unfssmctcd Restricted Endowment TotciFunds
Funds Funds Frlnds
2021 2021 2021 2021
c E c r.
Income 8 Endowments from:
Donations 8Legacies A1 4,970 72,876 77,846
Charitable acavities A2 3,360 3,360
Other trading activities A3
Investments A4
Other A5
Total income 8,330 72,876 81,206
Expenditure
on:
Raising funds 81 242 242
Charitable
activities
B2 977 46,962 48,701
Other 83
Tax on surplus
on ordinary
activit B3
Other tension es
Total expenditure 1219 46962
Net gains on investments
Net income for the year 7,111 25,914 32,263
Transfem
between funds
Net income after transfem 7,111 25,914 32,263
Net movement
in funds
7,111 25,914 32,263
Reconciliation
offunds:-
E
Totalfunds
broughtforward
15,178 39,546
Total funds cerned forward 22,289 65,460 86,987

2022 2021
E E
Surplus for the year:-
Net excess of income over expenditure from operations before tax 5,933 32,028
Realised gains on disposals ofsocial investments
which are programme
related
income from operations
before tex in
the Statem enl ofFinancial Activites 5,633 32,026
Add/(deduct) non income end expenditure items:-
Grants
for the acquisition offixed assets
235
Net Iaovement in funds before taxation 5,933 32,263
Funds generated
in the year as shown
on Statement ofFinancial Activities 32,263
Skills 4Work (Gateshead)
Ltd
-Resources applied -Resources applied in the year ended 31July 2022 towards
fixed assets for Charity use:-
2922 2921
r. 2
Funds generated in the year as detailed in the SOFA 5,933 32,263
Net resources available to fund charitable activities 5,933 ~32263
Movements
in revenu
Movements
in revenu
Movements
in revenu
e
and c
apital funds fo r the year e nded 31July 2 022
Revenue accumulated funds
unnlstrlctad Rssntmsd Endowment Total Last year
Funds Funda Funds FUnda Total Funda
2022 2022 2022 2022 202t
E E E E 4
Accumulated funds brought forward 22,28$ 64,698 86,987 54,724
Recognised
transfers
gains snd losses before 3,651 2,282 5,933 32,263
25,940 66,980 92,920 86,987
Closing revenue funds 25940 66$80 92,920 86,$87
aummary of funds Unrsstnctsd Rsstnctsd Endowment Total Last Year
ssd FUnds Funds Funda Total FUnds
Designated
funds
2022
2
2022
E
2022f 2022
E
2$2t
2
Revenue accumulated funds 25,940 66,980 92,$20

Companies
Act 20
06
2022 2021
8 5
Income
Income from operations 58,495 80,971
Investment
income
Gross income in the year before exceptional items 58,495 80.971
Gross income in the year including exceptional items 58,495 80,971
Expenditure
Chenlsbie
expenditure,
exduding depreastion snd smorlisslion 52,452 48,452
Depreciation
and emortisslion
234
Fundraising
costs
100 242
Realised lasses
on disposals ofsocial investments
which are programme related
Total expenditure
in
the year 52,552 48,943
Net income before tsx in the finenoiel veer s,sss 32,028
Tax on surplus on ordinary aclivibes
Net income after tax in the financial year 5,933 32,028
Retained surplus for the financial year 5,933 32,028
All activities derive from continuing operations

11 the assets can be de
Debto r
alt wi th imposed
by Ihs grant making
authorities
ASassets
are used for direct charitable purpines.
2022 2021
8 5
Trade deblors 3,050
Other debtors 431
431 3050
12 Creditors: amounts falbng due within one year 2022
5
2021
8
Accruals 733 618
Deferred Income - Rsstncted tunds 7,000
73$ '7618
1$ Income and Expenditure account summary 20228 2021
8
At I August 2021
Sumlus oner tex for
the year 86,752
5,933
54,724
32,028
At $1July 2022 928SS $6752

c m nt year c m nt year c m nt year c m nt year curmnt yea curmnt yea curmnt yea curmnt year curmnt year curmnt year Current year Current year Prior Prior Prior Year Year
tlhlsstA'CtNI RosldCtNI Efldowlllslu Total Total Funds
F
d
Fund F nda Fmd
2022 2022 2022 2022
0 0 E
Capital gmnls from government and
pubhc bodree
S
Sg
t*l dlrid dlyl Ih 41000 235
Tomlp bn Nmwlpilalgn t 235
Asthsgranttinth p'o yee w r lrih d.
ca pm I gwnts from government and public bodice
~pi or Year analyeb
pri
Ver
pri
V
prirv Prior Ye r
Tol
I
Fnds F
d
F
d
F
da
2021 2021 2021 2021
2 6 0 0
P
fvmr
23S 23$
Trln ti G t dl
Toml Oonations,
LOKSC
Gmnts and 1.250 dheye
Unmsmcmri
Fund
Rsatdmeu
7
5
Endowment
Fllllds
Phof YMI
Telal
F
4
2021 2d21 2021t 2021
s
Total Oonatl
Lg la
.Granla d 72.070
21 I
NoflemCIolavobm
5 III 7 dNEA a b
0 mnty
UllloatllCtsd
Cunentyear
R
bl
INI
c m tv
E do
IIINlt
C lmtlr
Tol
I
P
Y
Torsi l nds
Fulld5 Fuhds Fshds Funds
2022 2022 2022 2022
0 0 0 0
primary purpose and anegbfv lmdina
lllenbershlps
Niece
bscnplionslnrehmfor 3.570 3,350
TotalPhmaryp
In dblg
qomandan Saw 3,570 3,570 3,300
22 T lallhCON I h hlabl ammi
Cuhehty
Unresbimea
|C
ty
Raslri
ted
currentyear
Erie
ht
cm
ty
Ttl
I ' Y ar
C rlerrtloal Funds F nd
2022 2022 2022 2022 2021
0 6 E K 6
Toter semi m bl tradng 3.570 3,300
Tmdfr I dl ba mvm * A2 1570 2570 3300
23 E panda r on charitable asgw'nos-G tfundmgmacdvites
C ly Currentyea c t INN c tyear prior Year
Clrfroar 7 Unrestricted
F
4
R I 'ct
F
d End wment Total 7 IUF nda
2022 aaal 2022 2022
E 0
0 s dTutlrs-Empbp tG up 35,110 N,f1a N,SN
Total 0 nlmaking mte 30NS
Prior Yo Pilaf Ymf Prlof Yoo Prier Year
Unresuhwd
Fslldt
R bl ted
F
ENIO
t
Fllllds
Towl
Funds
2021 2021 2021 KO21
0 0 0
Sessbnel TW N. Employment Gre p 43,005 4S,OSS
Toml g humalh4 Co t 43085 N ass