Company Registration Number- 09128221 The Charity Registration Number is :. 01166652 Skills 4 Work (Gateshead) Limited Report and Accounts 31 July 2024
Skilts 4 Work (Gateshaad) Llmlted Report and a¢¢ount$ for the year ended 31 July 2024 Contents Pag? Charlty Infomiatk•n Trustees. Annual Report ststement of directors. re$pon$lbllltl•$ Independent Accountsrfs Report Funds Statements.". Statgmgnt of Finan¢lal A¢tivit195 Slatgment of Finan¢i81 A¢tivttse$- Prior Ygar statement Movements In funds Revenue Funds Fixed Assetfunds 10 13 12 14 Income and Expendiiure ac(x)unl Summary of fur5 13 Balance shwt 15 Nots$ to tho accounts 16
Sklll8 4 Wowk IGate5headl Llmlt•d Carryany RegIstrab Nber-O912l Tru$tsos' Annual R•port for the Year8nd 31 July 2024 The TtuSteè8prèÈenttholr Rgportand Accounls lorthe ypgrended 31 July2024. whlch ihe DSrector6' Report required by thtr CompsnlÈgA¢t2006. R•f¢rence and adminlstratlvo d8tail$ 7h6 ¢harftyn8me. The 901 n3M8ylthB chadty Is... s1 4 wo{GAteSad} LSr(ited. Th8th¥rity is iao kni3 by its optsrelng nBrn&. Ski1ts4 Woth IGai•3headl Th• op¥r4on 4rJd UK¢lwltblewl$ivttVbtL Th¢¢haFty Is r•glst•red in England & W¥84vilh the chrttyComm0n In england & Wdo5 (E> TrAith th9rfiYnnjber0I1e6892. Tho ¢riitydos ntyi trpwate In anYOv&rn1urf$LlcODs. Le¥trt[rtolth¢ ch&Ylfy Thè chÈdty con$tftuled as a cornpony lrnrted byguar4nt•g. re&istered underthg ¢ompinlBS Ads. Thè govern94Cm0nlQIthe MEmr&TrJumAnd Ade¥A£S0¢palI0n ¢stabllshln8 thg cornpany uThl•rcornpanyleglBlal10n. Thè o)V8mlng document Is dated 02 Apri12016 are no r8Strf¢tlon8 In the governing docwnenls on Ihe operation of the Charity or on ils in¥esim8nl pow¢r8 otherthgn those impos8d by Charity Law. By opÈration of law all, trusl9è5 are dlrectors Under1compae5Ath 2Q06 and all dirgthrs ar8 tr148s Lor CharfUe6 leglskuon and havg rgsp)ns1bilva4 swh. underboth cotswny and lègl$bdon. ThÈtNSte all indlvldu216.
Sklll$ 4 Work (Gatosheadl Limited ¢onwany Regtstraton NUknr- D9128221 Trustees. Annual Report for the ar ended 31 July 2024 Th• prfn¢lpal op•ratlnB addi¢$$, tèiephonp nurnb•r, •mBil gnd web addr•sMs of chuiiy art.'- HErri¥ Bank Famlly Hub Hl$Ballk, 81rttEy Enterln 6t¢p4. 4. DF13 ELN Tebtkno 07562 278263 twl Addre5$ mlIS@$MlI.jm Wfjb adth055 $kn194wknru Thp regIStsr offi¢8 oftbe chwtty for CLPanieS Act purp)80818.'- 63 lfjngfisher House Team Valèy, Gateshead Tyne and Wèar, NE11 OJQ TheTwst¢es In •ffiG• on lh• d•tsii rwrtwu approved wor•.'- Calherine Williaffls Pglor Proudknck Akn Bmer Jason Sekirk MatthvwEvaTrs Elvina Fooy Brenda Munro Tho hllwilng pwn# •r¥4d Tru•te¥• drIng th•swr•nrtod 91 July2024-. Thetruste86 who $8tved as 8 Ift• ID the repon0 p8rftyI. end, If 8pplic8bl2, theirdates ol aPpnIm8tOr resignation durtng the year we.'_ Nm• Appolnt4d GThn Farra98 Calhtrfn• WS1Sam8 0110812024 Peter PftyJ¥Jk> Jan Balmer Jason Selknrk Pauline Levbwma Shaun Wnnl¢omb¢ Matth&wEvans EIn8 Foov 8renda m[0 0110812024 0110812024 It trustees are akn ofthe Chority. Objects and I1viti¥ ofth• eharlty Th•pvTros•s oftho chwity 59¢outln Its qovgmlng do¢umwtrL Th8 eharltable company exists to act as a holistic support forwork andlrfg $kill$ development for Ihe young ppIe in the MmUnity of Gateshead, Tyne & Wèar whts are neurodlvergent. have a leaming condition. andlor poor mental health. It 1$ 8 'not for proflt. organisation, managed by local people for the local people.
Skills 4Work (Gatosheadl Llmltsd C%Y ltration Numbèr- 091281 Truste. Annual Report for th• year end•d 31 July 2024 The main a¢llvltl•$ undertaken In r•ltlon to thos• purposes during th¢ y••r. Th8 CLKnP8nyaLts as a not for profit ¢rganisaUon to wovido tho advancement of ethJ¢ation, titin£t1P and work rElaled opportunities fv young people in GateshBad. Tyne & Wear. Offering 7 s£Son5 per week. 2 Community bJn£he$ in 2 Venues ran by young people and comrnitlee VOkr8. monlhw parents support grwp and an aGtivo Soal media pre5encg. The delrrfery Dfthp objects are achieved byworkiw in parhershlplffi numerous organi5alions. and trusts05 value this paftnorship wotking arrangement. and Ihe input of thB volunteer5 who makt many4)t these opportunitie$ ptsss1e_ The ¢h¥ritab18 company has worked brAI di5abifity thisvrs. job centre plus aflvrJoYs. cols, Schw. Gateshead City Council and many VCSE organisattons in Gateshead to raise awareness of Ih&tharity and dovobp referral pro¢èswd to th8 EMoyabllity ski Progr8mme and wplbèing programTns8. Group eMbslo1 us from across Ihe Metropolt8n Borough of GgleEh8ad, wllh rèferab ¢omiThJ from a variety of bk&Minrt organwons, as well as lyough wvrd ofrnoLrth from youn9 peoFle and thetrfaml5. have valued our supwrt. Llnks have been e6tabli8h8d vlth thal empbyers who Supporf our chadtsbk companys Work Placement Proyramm8. and Ihs bo6 tslpgd us to briduè Iha gap trehveen disabilty and 8nwbyment ocros5 Gateshèad. Once reuuitqd, our MeMTS (youn9 wjutts with disabilftl¥sl wrk4ilh our 66ssionalworkern to supwt thèm through the transition frotn edLtation into émpbymenl. We support our members through a partsonali$e¢ palhyrdy directed via. an indivKlual baming plan IILPI %iGh prepar•$ each InthwdU tD rea59 thEir own persona] poters1ial, ad sets res&sti¢ go8 for theirfLrturp in paid or vduntarylplac9ment employment. ILPs supFK)rt meTnbet8 thTough a bespoke joumey of tr81niThJ. devekpment, voluntsgring and ¢mpK)yment pknements. We off8r 8 p18mme of work and lrfe skilL% devobpment on a w6ekJy basis to offer rouDline and ¥trudvrB. Themaln aGbvititrs undertaken dunng theyeor ts furthw the charlty¥puwe f¢r th publk bengfj Thèorg8nisaUon has dovgloped its partn8r eNJa9ement in G8to$hèad lo expend th8 hol11¢S8? of $upp)rL rtsutting in a greater nurnb8r of young p8oplt+ progressing into p8id empbymèntthan ovor b&foro. Tho tNstee$ have had r8yard to lh8 Charty Cwmi5SKJn's guidance on publlc nefi1 In man1n9 the advltie5 ofthe otharity. Tho ¢harfty brated 116 10th anniversary in Juty. In¥ed guests inckxled young peopWparentsltrusteeslvoknte8rslstsffirunders and local busines5 P8rtrrs.
Skllls 4Work IGats8h6adl Limited cOryanyRIStrAIQn Number- 09128221 Tru•t80s' Annual Report for th• yèar •nded 31 July 2024 Th¢ maln achievements and perfonnance of the ¢harfty durtng th8 year. We M)uPJ e tD take Ihe opportunity lo thank the ¥taff team and dedieAied volunt8ers. especialy tyjr trust. who ha¥p $upport8d thg devgbpm9nl of new partnerships. and recruitm•nt ofngw slaffto our gxisting le8tn. Wg art now runn1ng t%vo Cornmunty Lun¢ in tsvo dlfferent venueswhlch alk)wour m&mbeTS to gpin v8luablÈ work experience. In hospitaSty and catering. EDgoging over 70 k)¢zl Sidts every mollth. we arÈ proud that bDlh venues are part otthe Gateshead Wekome Spaces progrdmm&. W& woukl b'ke to gnf& Ihanks for the continued SUPPDrti¥fth8 Tyne and Wear Community Frwnd8tson, Gateshead CDun¢il. Sport E. Heritage Lottery Fund. hJ¢al businesses and othBr runders who allowed us lo run free programmes throuyhtyJl the year wilhoul your 5UPPOrt Ihi$ wtyj not be ¢0 achieve tho lif8 Changing r8sutty achieved. We rts d6119hled lo be awarded a National Award from Employment UK for creating opp)rtunMe8 for young peoplp wlth a vari&ty of ne8ds and The Drffere¥Ke Awards for our¢omThitment to aeSSibty and inCs1On for dIsabd p2opb. Wa 8r8 yy Urt of all the young petsp for how theYkn8 8dapled so 5moDthtyto thango of offic8 8pa¢es snd sessions, now h6ld In communSly ¥onu68. They8re o credit to Ihem8ÈI48s and the ¢l¥rily. Our weekly employrnanl 6esswJns and woth pla¢6msrn programme have sone from strenglh slr8rKJlh, en¢ It 1$ ama9 to See our wn9 pwpl• proyress 10 p81¢ employment once ayn Ihiq year. With 7 young people galnlng paSd empbym8n¢. Fundrisiftq art111•$ theyear. DurfrvJ tr year our organisallon ra13ed restricted lurwjing fFL¥n Gateshead Council. Commun Fwndation Tynp & Wear and Northumberfand. Heriiage Lottw. Sport Eng&nd. and olhei b)c81 furvjersvthith is very much appreGiated. Young peD9 il they can make 8 £5 perweek donatkin to Ihe unTrslricted reservos oflha Charity which ts US for Social aCtiVeS during the year. Th8 difference tho Gh•rityS perfomiance during thoyearh•s rnade to th• b6n•ficiari8s of th• ¢harltyand thg w1derl8ty. Tts Ghatity conlinut8 la play a vltal In Gateshepd supporbng young people th ade rnTrJg of additn81 support neèd$. To ba respacted as in¢JividuaL4 and lo ¥rk wth 5tafflvolunlews to ¢realo Woekly ttmetable of octivities to m•8t th8ir8spira1ltt. We arg proud to have a programm8 of 7 S88¢ porwe4¢ 8$ well Bs our 2 communty bJn(l)ès, 8nd monihty parents netsAvrkiry group.
Skllls 4 Worf( IGatesheadl Llmitod Conyany R¥Jbtrpthon NUTr&r- 09128221 Trust. Annual Report for the year ènded 31 July 2024 Struthro. yovornan¢è and rnan•gBm•nt of th¢ ¢harlty Th• M•1115 to recruit and8Ppntn&WchW1ty trustee& Th? member5 Df managemeftl committeB ale annually by way Of nomiD¥tians at the AGM. and normalty hold office until the AGM Ihe folo4%ifwJ year. Any ¢tropled non-voting vacancy may be fild by way of nominatlon atthe meatlng oflh8 management (xmmitt88. Nominatsons and conwts must be sent to tha c¢mmittae thIn seven days of the notice ralling the AGM. NewTru&tees undergo en Indu0 to briefthem on trir ob1igatlony under the chgrity and Company kAY4. the ¢ontent oftho ¢ompan<s M8morandum and Artid08 0fAS5oatiO. trÈ coJnrrritt88 and daasion making processe5, thtr up to dale business pn and racentfinancial performance of thè tharily. [nng their induction new ttUSi8È8 are en¢ourdged to rneel tho key irtdividu8b and otsi trustees. New Iru51ees ar• aL80 advised to attend 8ppropriaté ektemaltMnin9 events, where Ihose ¢gn farAlitato a greater understanding of Ihgir al responwbihti8$. Bankers Barcky5 Bank Pk 215 High Street. Gateshead. Tyne & Wear. NE8 1BX Laverick Watton & Co. 83 ngfigher House, Team Valky. Gateshead. NE11 OJQ A£¢ountants FlnanGial rvl8w The charity$ fln&nclalpositk•n at the end of Ih•y8ar•ndod 31 July2024 The rEnar1 poaibon of the charity at 31 July 2024 ahd comparatives for Ihè prior period. as more fuldetailed in U)9 accounts. can be ¥JRmaris8d as folows'.- 24 2023 154 20.9 Untesththd Rovenuo FU0v411#ts1trftrf1 98n8tal putrwJsssof charity 31,671 18.519 RBstricted Rév¢hue Funds 95,544 82.238 Totsl Fund$ 114,(63 113,909
Skllls 4 Work IGateshe4dl Limited CornpanyR8g19tralkon Number. 09128221 Trustee•. Annual Report for thg yr •nded 31 July 2024 Flnancial r•vlewof thoposftlon at tlw r¢portlng d8t•, 31 July 2024. Tht Truslees cofi&id8r the financial rformanCe oftht ¢h8rltyduring the year to hav8 been satisfactory. and the surplus r88lised ha$ glv8n the tharity a greater degrèè of gt8bifity tho retAined funds as outbned &bwe. Th& retsiDed fund$ wll albw tho TTUStees to an and apptyfer hkjhor of fundlng. M4th mor8 comp¥ a¢¢•s¥ requiramenls. and bngerkad M¢s. in th& beU•f Ih8tthe ongolng costs 81111 be Polici•s oft r888fW•S. The charity alms to maintaln sufficient re&ervBs to cover al dirtt CO8ls and ovBrh8adsfor a pBrftrl of 3 rnonth8 818lltimes. Al 31$tJuly 2024 we have man8ged to anwss unresidcJ reserves of£12,403, 8Ttd £59.543 of restrlcted re5ervg$. Our wsts amounted to £64.841 fer the yearGO wè have mel our larg for rthned rV$S 8t thi5 yaar-gnd. Av•i18ts1ity and8d8qU4¢y of &s8•ts of ea¢h of Ihe fund$ The brd of Iru818es18 satisfied11)at Ihe charit¥s asséts In oa¢h fijnd are avalb and du81e lo fvlll its oblEq8tions in respect of aach fund. lJ•tails otTh8 Indopnd¢nt Exarniryr MrJ Mil FCCA Mpmbtsr of pfchart•r•d Cerufigd A¢tnIat B3 long$herH ToArnVallsy Gat•sh98d Tyne &W••r NE11 OJQ
Skims 4 Work {Gat•sheadl Limlt•d Cornpany Regi¥tr8Yon Nuner- 09128221 TTUSte¢s' Annual Report for the year ended 31 July 2024 at¢m•nt of the Dlr•ctors Truste•#' R•sponsibillll•s Tl thariws tsusWS are responsibta for the prep8rAtion of the acciAJnls in OrdSne the ter of the Comp188 Act 2Q06. the Cbaritles Act 2011 and the Charilie8 lAUrtS and Reports) RegU10S 2008. lIstandIng the ewlicit requwement in the exiant statLSttry rEgubtiuns,the Ch8rilbes IAcc4unts end Rels) Regula05 2008, to pare Ihe fln8noal staleNtents In a(xordanc8 with th8 SORP 20fy5. In viewof th8faLI that the SORP 2W5 has been wthdrawn, the Ttusl8e5 Itelernined to Inrpret Ihis tesponbI1ty as requtring th8m to f(Aiowcurrent be51 pradii and preparethe aCUnts ac6Yyding to th8 FRS 102 SORP l&alem8nt of R80)mrnended Pracltce farA"Th and Reprts"ng byClwrb8sl 2015. (a5 amendBd by Ihe Bulktin Issed In OctobEr 2018 apprable to all accountff P8FiLxts bwTrttirKJ on after 1stJanu8ry 20191, {The SORP).. particUr. the CoMpDieS Act 2006 and tharfty13w rUIre Ihe Btw(4 ofTru5tee8 to wepare financ1815tat8nls foT eath fina01 y88[ kn1¢h give atru8 and tsirviewof tF¢e 5tat8 of 8ffaTrs of the charity a¥ at Ihe end of the finall(xal yeaf and of the 5uWus ordeficitorthe clwity. In preparing th05efinènual 5tst8ments the Bowd Is requirEd to:_ - to wepare the ac(xJurts in accordance With United lfjngdofft GenerallyApIed AcCnting Pwtlce (Unrted lQ'ntylom AccountiThJ Stdard5 and 8FWirAble kw). - selÈct8uilablB acc4yJnling pofjutss and gppty Ihem ¢onsiststrtly'. - make judgemenis and esbrrth$ that are raasonth and pwdenL - prepare the fmanclal st8tsfflent$ on Ihe going conGem ba51s Un tt Is inapproprf8t8 10 presume that the charitywill ttfitlnue in busin.. . State wthetheT 8Nllcable aecwnting stand8rds and staternentsof recomended pr8CtKe hwtr been fdknvmd, subject to ariy m8t8ri81 departur85 dI8d0 and explained In t1fiand81 staternerts: The law requi$ that thelrustees must not approva the acfX)unts unless they are satisfied thatthey give o true 8nd 18iT Vlew of the Stsle of affalrs of the farfty 3nd of the surplus or defi(xt of Ihe Gharfty forthg ar. The Trustees 8re alw r8spw4t48 forrnaintsinlng adequate 8crixirtJng lerdS vthith disdose ¥th TeascYdble A¢cur8tyat anytime ihsffin8nal ofthe ¢haflty and are fjuffldetrtto 51 and expl 11)e chariWstrans8dthS and enabb th8m to ensur8 thalthe financial statents rPty Ih the Compani98 Act20 and cornpty 1th regulavons made urKlerthe Chthties Act. are akn responsib for saf8guardlftg the 855ets of Ihe chthty and henL for takng Teasonabb steps for th8 prevènttcm and det8rlion of trd afid other Iff8gnUeS. Thè Tee5 9re 8180wsibk trlhe¢yJnMntsoftheTrustee8 report, ¢j resrrt)nwblltyolthe I8p¢ndentEItv in ¥elallvn iothe TDJ51Bes' report15 lirtW eythning rewt and Insuring that. an ther Df the reporLthèT8 are m rTh8ten81 inCAI1Èt4sswth thefigwe6 dp6LloEed In lherc1aI stAteThnts. hlelhod of preparatton of accounts- Srnall Ctypany provlslon$ The statEmests are set oul Dn page5 10 to 28. The financi81 stskrRenls have be prepared itnpknmenting the FRS 102 SORP ISiateTnerrt of Recornmended Prathits for Accounb"ng and Rep¥)Ftity ty Charftlesl 2015. la5 nended by the Butl Is8ued in O(ober 2018 apwIcab to all accouRling periods begianing on after 1st JaNary20191. {The SORPI. ond in acC<xd8rÈ 1th the Fywndal ReWrg Standard 102. (efftEYQ 1st JUary2Ol6) These fifwirial statements have beeTr prepared in act(dance ith the provision5 in Part 15 uf the Compani85 AGt 2006. aplb lo companie5 subj8Ctto the small compe$ ragiffl8. s rEDIrtE5 awovod bythe bcrd oftru5te88 on 21 MBy2025. Mr A Balm DtrecLorand Trus
Skills 4 Work {Gate$head) Limited Report of the Ind•pend•nt Examlnèr to th• Trustee$ of the charltable Company on the a¢¢ounts for the r ended 31 July 2024 I repxt to Ihe Trustees on my examination of the firtancial slaternerrts of th8 charftable company on pages 10 to 28 for the 5Ear ended 31 Juty 2024 whS¢h have been propared in a¢¢ordan¢ewilh the Charities A¢t 2011 lthe A¢tl and th the Financial Rewrtsng Standard 102, leffe¢tive 1st January 20161 as modified by FRS 102 SORP18tatement of Recommended Pracbce forAccounting and Reporling by ChariJesl 2015. las amended bythe Bulletin issued in Oclober2018 and applS¢able to all a¢countiry perbds beginning on or after 1sl January 20191. lThe SORPI, published by the Charity cornm1$On in England & Wales ICCEWI. and under the historiol Cost ¥¢n{lon and Y)8 acwJnting poliaes set out on page 16. R•sp¢ctlve re$ponslblllti•$ of tho Trust and th8 Ind•pendent Exarnlnorand the bas1$ of tho report As des¢rfbed on page 7, you, the charitable companls Twstees, wh) are al the Directors of the Companylor the purposes of C¢)mpany law. arÈ responsible lor th8 preparatn of the financial statements in accordanth Ihe CompanSes Act 2¢YJ6, tha Charth8s Act 2011 and all oth8r applleAble law and with United Kingdom fjeneral Accepted A¢¢ounlin9 Pra¢tlcÈ, applicable to srnaller entlb8s, and for being satisfied that the financial statements givo a tru8 and fair wlow. The Trustees ¢onsid8rthat the audit wuirement of SecOn 144111 of Iha Charltles Act2011 (the Actl doe$ not apy, and that there is no requirement In the mernorandum and articles of the ¢harityforthe conducting of an audit, and that Ihe a¢¢ounts do not requir8 an audit In accordan¢e Vth Part 16 of the Companies A¢t 2006 and Ihat marnber or members have requested an audit pursuant io Section 476 of the Companies Act 2(106. As a Consequ, the Trustees have el8Cted that the flnarrial Statents be suble¢t to independent ex[nation. Having Satisfied rny%$lf that the finanaal statements are not requir8d to be audited under any legal provislon, or olherwse, ar¥J arè elgible for Independtsnl Xaminat)n, It18 myresFX)nslbillty to.'- al examln8 Ihe finsft¢ial staiements of ¢he charity under Section 145 of th8 A¢t". bl follow Ihg appli¢abl8 procaduro8 In the Direc¥on8 given byt Charity Commlssion unders8Ction 14515llb} cl th8 Act. B•$1$ of Indopndont Ex#mkn•rts Stat•m¢nt and 8COPo of work und•rtak•n I report in resp9¢t of my examinaOn of the ¢haritysfinancial staternents rArried out und8r 5145 01 the Act. In carTring out my 8xaminatKJn, I have followed all Ihe applicable Dire¢Uons given by Ihe Charity Commission under se¢b"on 14515llbl of the Act setts.ng outth8 duties of an independent examln¥r in relation to th8 condudn9 of an ndopendent examination. An independgnt examination In¢ludes a reww of th8 8ccountsng r8cords kept bythe ¢harftsbl8 corppany and of the accounting system8 employed by the charftable cornpany and a comwad80n of the flnancial statermnts pre6ont8d 1th tt)os& records. It also Indude5 ¢on$lderation ¢>f any unusual ftems or disclosures n th& financ1 5tatement5, and Séeking 8xplanabons from you. as Trustees. ¢on¢eming such matters. Th& purpose of the examination is to Èstablish as far as possible that there have b&&n no bre•¢hg8 ol charity18Q481ation and that. on a tt basis of èviden relèvant to the amounts and disdosures made, th8 financial $latem8nts ¢OMply71h Ihe SORP. Thtr procJwes undertaken do not provide all lh8 evideno thatwould be requir8d in an audi¢ and infomiation Supplied by Ihe Trustees in the Gours& of the exatninauon is not suble¢ted to audit le8ts or enqulrlo$ and does not cover all the maiters that an auditorwould consider in arrfving at an oplnlon. The plannlng and condudof an audlt goes boyond tha limTt¥d assurance Ihat an ind8pendentexaminati¢n Can provide Consequ8nliy, I dts not 8xpress an audit (ynion on the vi8w given bythe fir¢181 statements, &Thl in p8rbcular, I expr88s no opinion as to wheth&r the financial statements give a true and fair view of Ihe affaits of the charity. and my reFQrt 15 limitsd to the rnatters set out in th& ststament below. I planned and F*rfomied myexamlnalion $0 as to sallsfy myself that the ObltiVes of the indepetKlenl examination are achieved and before fir1$19 lh& report l obtslned written assu¥ance8 frorn the Tru818e5 01 all mat8ri81 matters.
Skllls 4 Work (Gateshg?d) Llmlted Independent Examlnorf5 Stst8ment, Report ond Oplnion Subjectto the ilmitations upon the scope of my rk as detailed above, I have completed my examination-. and can confirrn that".. The accounts of this tharitable company ar8 not required to be audited under Part 16 of th8 Companies Act 2006." Th8 acoJunt5 ale bèing examined in the circurnstsnGe$ 8p8cffied in Regulation 3413llb. and the date when Ihe Charity Commission dispensed with the requirements for audit utLder S8Ction Section 144111 of the Charities Act 2011 Ilhe Act) of Ihe Att was:_ Th1$ Is a report in re$p8ct of an 8xaminati¢n carried out under 145 of the Act and in accordan¢e wth Directions given bythe CharltyCornmis8lon under seotion 1445llbl of the A¢twhi¢h may be appli¢able', and Ihat no material rnatters have com& to my attentKJn in connection wth thg examination giving me cause to belleve that in any matsrfal r8spect..- accounJng records were not k8Pt in r8sp8Ct of the ¢harty 88 requlred by Section 386 of the CompanSes A¢t 2006 and Sedion 130 01 The Charitias Act 2011,. the finanixal statements do not accord wlth Ihose r8cords.' or th8 finanEial statements do not Gomply with the applicablg fequirarnents con¢erning the fDrm and cont8nt of account5 set out in section 396 of thè Comp8nie5 A( 2006 other than any requirement that the accounls giv8 a Irue and fai¢ which Is not a matter con5tdered as part of aN irK19pendent eX8minoli¢n,' bave not been prepaEd in accordance vmh the ¥netlK)ds and principtes set out in the FRS 102 SORP Istaternent of Re¢ornmended Practice forAccounting and Rerting by Charitie512015, las amended bythe Bulletin issued in October 2018 and applicable to all acwunts.ng period$ bÈginning on or atsr 1st January 20191. (The SORPI. I hav8 no conc4ns and have come a¢r0s8 no oth8r matters in ¢thino¢th)n th the examination to whith attenOn should be Llrawn in thi5 report in ordgr to enab18 a proper (mdorst8nding of Lhe finandal statsrnents Its bo raach8d. MrJ s FCCA- Indèpendent Examin8r Association ol Chartered Certified Account B3 Kingfisher House Team Valley Geshead Tyne & Wear NE11 OJQ This roportwas sign8d on 21 May 2025
Skllls 4 Work {Gato$head} Limlted - Statsment of Financlal Activltlos for tho year ended 31 July 2024 Statement of Flnancial Activities (Including the Income and Expenditure Account for the year ended 31 July 2024, as required by the Companies Act 2006) priYo*r Total Fund¥ SORP R•t Curr•nt year UnTe&tcted Funds Curréntyear Re$tslctod FyndG ¢urr?ni aT Total FuTrds 2024 2024 2024 2023 In¢om8 & Endowmgnts trom: Donab"ons & Legacigs Charitable 8dvltles Investments A1 23,893 5,090 12 36.0(x) 59.893 5.090 12 70.338 4,685 Total ineome 28.995 36,000 64,995 75.023 Expondilur• on: Raising ftjnds Charttabb activitks B1 B2 1961 54.130 42.146 22,695 64.841 Total expendl¢uTO 42,146 22,695 64.841 54034 Not Incom• forth¢ year 113.1511 13.305 154 20.989 Net Income aft•r tranthA.B 113.151) 13,305 154 Not movement In funds {13,1511 13.305 154 20,989 Rgconeltlatlon of fund.. Total funds brought fopmard 31,671 82,238 113,909 92,920 Total funds ¢anl•d forward 18,520 95.543 114.063 113.909 The'SORP Ref indicated above 16 the cla8srficalon of incom8 set in the formal SORP documents. As required by paragraph 4.60 ofth• SORP, the brought fOard and carried forward fvnds above have been agreed to Balance SheeL A 88parat• Statement of Total Rewgniwl Gains and Los$88 is nol required as thls statement incheS all ran15&d gal and t0$5es. Al a¢livities derive from continuing operations The notes atta¢hod on pages 16 10 28 fom) an integral part of these accounts. 10
Skllls 4 Work {Gateshead) Limltod - Statsmont of Flnancial Actlvities for the year ended 31 July 2024 Skills 4 Work IGateshoad) Llmited - Anatysis of prior year total funds, as roquired by paragraph 4.2 of the SORP Prioryoar PriorYr Prlor Year Total Fund5 SORP Ref Unre5triGted Funds Funds 2023 2023 2023 In¢ome & End0wmts frorn: Donalons & Lega¢le6 Charitsb aClivitie$ Other trading act&$ Investments Oth8f A1 2.075 4,685 68.263 70.338 4,685 A3 Total sncome 6,760 68.263 75,023 Expendltur& on: Rafislng funds B1 Charitable activitiès B2 Other B3 Tax on surplu8 on ordin£ 83 Othertsxation B3 19fj1 1,125 {96) 54.130 53.005 Total expendlture 1.029 $3.005 54034 Net gains on investments B4 N•t In¢ome forth• year 5.731 15.258 20.989 Trnnsf•rs betvfftn fvn N8t in¢om? after tr*nsfgrs 5,731 IS.258 20.989 Net mgvomont In fvnds 5,731 15.2S8 20.989 Reconcillatlon ol fund.. Total fund$ brought foard 25,940 66.980 92.920 Total funds ¢arrled foNard 31,671 82,238 113.909 JI activiti d•riv8 from continuing operatlon$ A separate Staternent of Total Recognised Gatns and Losses is not required as thi5 statèment include5 all recognised gains and t05ses.' The notos attached on pages 16 to 28 forni an integral part of the$0 a¢counts. 11
Skills 4 Work (Gateshoad) Limitsd - Statsment of Financial Actlvitios for the year endod 31 July 2024 Skills 4 Work (Gateshead) Limited - Resources applied in the year ended 31 July 2024 towards fixed assets for Charlty use:. 2024 2023 Funds generated in the year as detailed in Ihg SOFA 154 20.989 Net rosources availabk to fund charltabl• athiitles 154 20.989 The rèsources applted on fixed 8ssets for charity use represènts the ¢o$t of addon8 less pro¢e8ds of any disposals. Tho notes attached on pages 16 to 28 fonn an integral part of these a¢¢oun 12
Skllls 4 Work {Gatoshead) Llmlted - Statemènt of Financlal Actlvlties for the year ended 31 July 2024 Movements In revènue and Capllal funds for tho year ènded 31 Juty 2024 R•vonue a¢¢umulated funds Ursrestrittod Fund$ 2024 R•slrf¢ted Funds 2024 Total Funds 2024 Last yoar Total Funds 2023 Accumulated funds broughtlon 31,671 82,238 113,909 92.920 Recognised galns and losses beforg transfers 113,1511 13,305 154 20.989 18.520 95,543 114,063 113.909 Closing r•venu• funds 18,520 114,063 113,909 Summary of funds Unr•¥trl¢t•d and Oe¥lgnatod fvnd 2024 R•strictsd Fund$ Total Fundt Lalt Y•ar Total Funds 2024 2024 2023 Revenue 8ccumulatod funds 18,520 95,543 114.063 fjl3.9 The notes attached on pages 16 to 28 form an integral part of these aGGounts. 13
Skills 4 Work (Gateshoad) Llmited - Statement of Finan¢lal Actlvhles for the year ended 31 July 2024 Skllls 4 Work (Gateshead) Limitod In¢ome and Expenditure Account for the year ended 31 July 2024 as requlred by the Companlos Act 2006 2024 2023 Income Income from op8ratK)ns 64.983 75,023 Inv8Stment in¢orn8 Intèrèst receivablg 12 Gross Income in thè y•ar bgfore •xc•ptlono1 items 649 75,023 Gross in¢om• In the tr In¢ludlng •xeèptlon•l It•m& 64,995 75,023 Expehdlture Charitab18 expenditure. 8xcluding depreciation and amorbsatK)n Fundraisirw costs Realised 105se5 on dispo$81s of social invesfments which are programme rE 64,841 54.130 1961 Totsl expendltyrg in th• yr 64841 54.034 N¢t In¢om8 before tax in th• finan¢Sal year 154 20.989 Ta on Surplus on ordinary activilies Net Incomg #tt•rtax In thè Ilnanclal year 154 20.989 Retalned surplus for the financial year 154 20.989 All activibes derive from ci)ntinuing operakn.ons In accordance with the pmisions ofthe CoMpanS Act 2006. the h8adings and subheadings u58d in thè Income and Expendiiure ac¢ount have been adapted to reflectthè spocial nalurg of the charivs activitses. The noto$ attached on pag•s 16 to 28 forni an intogral part of these accounts. 14
Skllls 4 wo {Gat•3he4dl LiMitl- BAlance Sheèt as at 31 July 2024 SORP NoteRef 20 Debtors C8sh at bank antl in ha¥J 433 114,4e8 13,153 101,529 ¢urrent aB59ts 114.921 114,662 Credltors: amountsfalllng due wlthl one par 10 C1 18581 N•t ¢YTront as8•ts 114.063 113.909 totsl not •s$&ts ofth• ehwlty 114063 113,909 Th totsl nèt Amets of th• charlty org fund•d bytho fvnds oftht ¢harlty. foMow4:. Rostrl¢t•d fynd$ RestrfGted Revenue 14 D2 95.543 82,238 95.543 82,238 Unr8strlctsd Fund¥ UnreStet8d Rgv8nuo Funds 14 D3 18.520 31.671 18,520 31.67f D•sl#nated Funds Total charltyfrjnds 114,081 113,•)9 The'SORP Ref lTrated abDV8 18 thtr dassrfication ol Balance Sheèl 41•ms as 8et out In the formal SORP dorAJrneats. A5 required by paragraph 4.60 of the SORP, th& bmught forward and carrt8d foTrvard fvnd$ above have been agreed to the SOFA.. The diiedrjrs are 58tisfied that the cOMnY is entiued ¢0 exemption from the requirernent to obtsln an oudit under section 477 of the Companies Act 21K>6. The members ha not required the c4)mpany to obt8ln an audit in acrLffdancgwith section 476 Ollhe Act. Th8 rfirectcfs a¢knovAedge ihdr re8pon5iblliUes for complying Ihe req¢Jlrement8 of the CNnp8ni85 Act 2006 with wpect to a¢UnIng rerS ond the preparation ofac£ounts. The charity is subl8Ct to Independ8nt Ey2minatlon undercharfty leglslation, and the report of th8 Independenl &¥Iner Is on page 9. The financial statements have be8n prepared in accordance with the provlslons in Part 15 ofthe Cemwies Act 21)06. applicable to CA)mp8nie5 subjecttothe sffiall (XpanieS rwitnÈ. Mr A Balrner Ttustee Apwoved bythe board oftNste85 on 21 May2025 Tho note9 attschod on pago$ 16 to 28 fonn intogral part of th0¥8 accounts. 15
Skills 4 Work {Gatesh•adl Llmltod Notes to tho Accounts for the yèar ended 31 July 2024 A¢¢ountlng poll¢h$ Poll¢le$ relating to theprodu¢llon of th• 4¢¢0unts. Basis of proparat¢on ond aDnts119 ¢onv8nfloD Thè accounts have been prepored on the aGuuals ba5, underlht hSsknrfcal Gost ¢onwents"on, ènd Sn actordan¢8 Ih Ihe FinancL81 Reportin9 Stsndard 102, lef¢tive 1st Janutry 201818nd'FRS 102 SORP Istatemgntof Recommanded Pr8Ctie for Accounting and R8PQrting by Charitsesl 2015, las amended by the 8ullèffin Sssu8d tn Oclober 2018 and apr&caNe to all attounting 0d8 bèginning on orafter 1st January 20151, Tr SORPI, published by1 Charity Commission in England & Wales ICCEWI. etiVe January2016,, and in a)rdance th all applicabl& law in th8 thantys1urisdtsOn of regislratiots, &xcepl that the ¢harfty has pr8pared Ihefinancial Statements in a¢cordano tha FRS 102 SQRP Istalement of R8commend8d PraclKe forAccwnling and Rep)rbng by Charili&sl 201S, las amended bythe Bullets"n issued In October2018 and appliGable lo all ac¢ountlng perdS beglnnlng on or aller 181 January20191, Ith6 SORPI. . preferérKe to Ihe prewous SQRP, the SORP 2005. which has been wihdrawn. notwithstanding the fact trot Ihe exlanl Slalutorywulalr, the Charit$ IAGcounts and Reportsl R8guktDn5 2Q08 rarer Olicitt0 Ihe SORP 2005. Th18 ha8 been done to acwrd ilh current bast pract]ce. Golng C)n¢om The charitable actwllas a enliTelydependenl on wntinulru want eid and voluntsrydonation8 as well as trading revenues. AÈ a ¢ons8quen¢è, th8 going concern basis18 dapendenton the frrtureflowofthese unGertaln funding strearns. A¢¢ording5y. Ihe Trustees have obtaned forncasls and, aftér revydwing Ihè fjnanaal foTerAsts forfuture perify4s to 31 Juty 2024, tho Trust are sati5fEéd knal. al Ihe tirné of appng the financlal ststements, il t8 approprfatts to adoptthé gdng con ba81s In preparing finanaal statemènts. Olherlhan thes8 matters, th8 Tru8lee$ are not aware ofanyrnatsrlal urtainl¢e$ ab(xrt Ihe charitys ability lo contsnue 8$ a gdng concem. Rl8ks and fvlurp ossumpdon5 charfty IE a wbh'G bgft8fitenlty. Th& Tnsstees have a managament StraiÈgy whl¢h comprises: An annu81 rwew oflh risks Ihatthè ¢harfty mayface., The establtshmenl of system$ and procedure5 to rniivJate Ih05e risks idéntified In Ihe psan: ImrAémentalbn of procedures desLqned to mlrtrnlsÈ any potentfdl impa¢l on th8 charity should ttv)str risks mthri81is8. PolicAe$ relatlng to cat8gorles of Income ahdln¢omo recognldon. Nalur• of In¢ome Gwss Sncome represents the value, n8ttsfvalue added tsx and disc¢unls. of goj$ pyowded to Customers and werk Ca1 out in réspact of servlcés provided to cust(Kners. Calgorls of kneom• IrKome is <tsgorfsed as incomè frem exchawe transaclbns IcoThtrOth incom81 and incom? from ThJrwchan tran5actions14ftsl. investmpnt IrKomearrtl olh8r Incom6. In¢omfrom •x¢han9•trans&Uons is reTrDied by the chartyforwtyjs or swvices supplSed under contract or where entrfèmenl k8 subjeGttofulfilliry performants ted ntht. Tha income the charfty recwve5 IS approx))aiely equal in valua to the goo(ts orsèmces suppkned bythtr Charity lo the purchaser. kncomo from a non•xd)ang• transaetlon Iswher8 Ihe thaiity recelves value from the donorwithout pmlding egual valuo in exchange, and inckndes dmations of monoy. gd$ and services flY gTrwan WIthr givlng equal value in exchdnge.
Skllls 4 Work {Gato$headl Limlted NotOS to the A¢¢ounts for th¢ yr end•d 31 July 2024 Incom• r¢ognhion lrtome. whethorfrom exchang& Of non exchange Iransa¢tiOnS, 18 recognised Sn kne stemenl offinancl81 actlviti ISOFAI on 8 reCeab basis. when a transactyon otothor event resutts In an inmstr In the Ch$ assets or 8 reduciion In its liabitiUw6 and ontywhen thè tharity has16gal entillemanl. th8 inrA)ma k8 piob8bl8 and Can bg measured rdiably. dènds are accrued when the shar8h)Idarfs rtghtto r8C8ive payment18 8sl8blished. )c¢m# subjedto tèm)$ and <x)ndStlons which rnu$t bts m&t befor9 tho charity 1$ enUrfd lolhe resourc 15 rK7t r8cognised unl51 th& conditions have been met. All In¢&me is Htcounled for grtss, baloro d&lu¢tirwJ any related fee$ orcosts. Accounn9 for d•ferfed Inrn0 and In¢ome r¢G•i¥•d In adnctr Where tems and condilhyts relallng to incorne hav8 not been met Oruncertaintygsts as lo wh&lher lh8 charity can meel 8ny témis ercondItn$ otheNise it8 control. ioM• ts not recognised but is defvrred 8s a lbIlitY ntil it is probaNe thatthe tsm8 w cIll0n& imp08éd can mtrt. Any grant that is subiectto pertorman¢e-rdatéd cond11hy recéivod In 8dv8nce of delivering Ihe g)tsJs arKI serlces required bythal condrfion, or Ss subje¢tto unmet ¢ondstionswhoityoutside the oJnlrol of the recIpnI charity, is accounted for as a waty and shown on tho bdance sheèt as d&ferred inMe. Deferréd nm9 IS réloased to in¢ome in th8 reporbng period in Ithich tha performan¢e-reJatsd or olher corvJition8 Iha¢limit rewnthon are mot. When inccffie from a grantordonaJon has nol been rerogni88d dLE to th8 condition$ apn9 to Ihe not beiny within the C1101 of Ihe reGSpl8nt ¢harity. it is dIts¢los as a contingènt asset if recèlpt of the grant or donation is prthble once thos conditions arè m81. Where tirne relatsd undibon$ arè Imposed ]Mpld by a lunder, then the income is aPptiOned to th? ttme P8ri0d5 Gon¢&med.8nd. whèra applicable, is actounled for as a lialIty and on the bal8nc8 sh881 as defened Incw. When grants are re¢Ved in advan ofth¢ éxpenditure on thè acttvity funded by them. butth6r8 gre no 8peeific time rèlated conditions, then Ih& irKome B rtotdèfe8d. Amycondltim Ihatallow8 for the rèGov6ry by the donorof any unexpended part ofa grantdoès not prevent regnition ofthè Income Goncerned. but a liabiKty to anyrepaent ts rèwnIS when repayment becomes Proba8. Membership subscrlplions The irKome 8nd any assocwted Gift Aid or othertax rèfvnd from 8 mtmber8hip 5ubsctipts.on received bythe charity In the ngturè of a 9fft. 1$ actounled for on Ihe same basis a5 a donallon. Th8 Income from a membership $ubs¢riptlon received by the charitythertr tho subscription purchases Ihtr rrfjhl to s8Nces or bènafits is re¢ognised as inGome from charftable activities. Poli¢l•$ relallng to •xpendlturn on good$ and s•Thl¢es provid•d lo Ihe ¢hartty. R•¢ognition of lab11tt1•5 nd •xpondlturg A lipbility, and the related expenditure, is rè¢o9nlsed when a bgal OT¢onstwctiv& oblvjation 8t8 a3 a resutt of 8 Past ev8nt, and when it is m? liketh8fi noi that a transfer tsf economic benÉfits wlll be requirad In seti¢emonL and when Ihe amountofthè oblgation Gan be twsured or rellably estimated.. Liabilities arising frcfft futurefurKJiThJ cemmilrnents and ¢¢rBtructivg obllgaibns. indudlng F6rfomanGè related grants, Vdhtrre the timirvj or amwntof the tUre expenditurtr wulred lo setlle the obliggtton aré uncertain, giv se to a y0visn In the aGwuDt&, which is revpwed at tha ac¢ountirvJ trnd. The provisqon 1$ Iwethd to refiecl any inGr8a6es in Irabilit$, and Is decreased bythe utlllsation of any provlsion within the period, and r8ver5ed any piowsioD 1$ longer required. These movements ere charged or crèdltsd lo the respO¥efvnd and 8Ctthlés to which pros1On relates. 17
Skills 4 Work (Gateshead) Llmitgd Not•$ to thè Accounts for th• year •ndod 31 July 2024 Polklg¥ r•latlng to assets, Ilabffllid•s andprovislons andothor mattws. TanHlbl¢ f•d•S#•ts Tawibk fixod 88$0ts are measured al their original cost V8lJe, er wbsequent revaluation, or rféonated. as described above. Cosl valuo includes 41 $ts expervjed Sn bringirvj the ass•t into its intsnded wotking condition. Dapre¢t has boen providBd ai thefollo*ing rat88 in ordertowrtte off the as8éts to th8iranUcipated residual v4lue over Ih8ir estimated useful Iwès. Pknt and rnathinory 33 % sts8t9ht lin A regularannual revw of the Ilkeliho(xl of asstt impaiment is undertaken. Stocks and progr¢$i Stock valued at the IDWEr of cost and net reaable walué. Debtor5 are mea8ur&d ottheir r8c¢v6rable amounts atthe babnrR shaèl date. Credlt•VS and pro¥lsi•ns Shortterm crblitors are megsured atthe Iransaotion pricè, which is equiv8ftt to the invoicad amount, irtlusfve of VAT where appll¢ab1e. Penslons-d•fined contribution s¢hfimoS The tharityop8Yatas a defin contributlon p&nsion sth8m8. Contributions 8re charged to th8 profit ond bss ac¢ount as they becomtr payable In accordan¢g vAth Ihe rUleSthe sth8me. Fund Ac¢ountlng Unr8Stri¢led fijnds ar8 availgblè for us? at the discotion oftha trustee$ in futherance ofthè general obieGbve8 of tha charity- Thgr6 are no d8sign81ad fund8. Rastricted fund5 ats subje¢t8d lo reslrittions on theireypenditurt Impo8ed bythe tlonor orlhrough th8 tsrrrA of an appeal or a$ imp1i8d by law. Thw8 are no endowm8ntfvnd$. 2 Llobklty to taxation The Trustees consider that the charity Satesthe tests SBteut in Paragraph 1 Schedule 6 ofthe FETrar Ad 2010 for UK corporation tax purposes. Accordingly, the Chanty 15 Potentially exempl froTn tsxation in resp1 of inGOtnÈ orcapital gain5 receivéd wlhin catewiBS co¥&r•J by£hapler 3 pari 11 of the Cotporation Tax Acl 2010 or Section 256 of th8 faxation of Ghargaable Gain5 Ath 1992, to the extent that $vch income or gains are appligd ex¢luslv8ly on the specific charitable objeGts of th8 Charfty and for no olhtrr purpose. V8luo Added lax is Dot re¢overat48 by the ¢harity, and Is therefore intlud8d In the rdevant ry)sis In the Stslernent of FlnancSalA¢Jvthe$. 18
Skills 4 Work (Gateshead) Limited Notes to the Accounts for the year ended 31 July 2024 3 ndIng up or dissolution of the Charity If upon %%inding up or dissolution of the charty there remain any assets, after the salisfactitin of 811 debts and liabilities. the assets represenled by the 8CCLtmulaled fund shall be transferred lo some other ch8rilable body or bodies having sitnilar objects lo the charity. 4 Sign5fican¢e of financial instwmonts to th8 charitys position Ther8 are no signfficanl implications to the Charty from the use of financial instruments. s The contrlbutlon of volunteers The charf¢y Is run by its Trustees, are all volunteers. They sit on the management committee and 9iV¢ their time freely to support the running of the organisation, and manage the sessional workers engaged by the charity so that the charity can mest Its obJ"eclives. The Truslees also set budgets and monitor how the charity is perfoming, and discuss the vrdys in which any income that is svrplus to the requirements of the day to day running costs Can be invested. Additionally, a number of volunteers are deployed lo run aclivittes such as the fairs and r8ffles for the charity. and withoul this contributron the charity would be unable to delivèr the range of acliviliès that are so highly valued by the local communty. 6 Staff costs and emoluments Salary 2024 2023 Gross SaiaTie¥ exdudlng irustees and key management personn91 22,892 13.344 Total salarles, w•90$ and relatsd ¢osts 22.892 13.344 The average number of part lime stsff employed in the year was No employees receivéd emoluments1ox¢luding pension costs) in oxcess of £60,000 per annum. 19
Skllls 4 Work (Gatsshead) Llmlted Not95 to th• Accounts for the year ended 31 July 2024 7 Remunèratlon and payment$ to Trustee$ and pèrson$ ¢ottnèthd with them No tru$tegs ¢rpeTwns ¢Mn8Cted with th8m 811 ony r8rnunerntion from the thorty. or any related entity. 8 Tangiblè flxed a5ts Motor V•hlclo8 Curront Yoar Land and 8ulidin Plant & Machlnery Totsl Cost At 1 August 2023 1.600 1,600 At 31 July 2024 1,600 1.600 Dopro¢i*ion At 1 August 2023 1,600 I,eoo At 31 July 2024 1.600 1,600 Not book valuo At 31 July 2024 Land and Bulldlngs Plant & Ma¢hkn¢ry Motor VEhl¢l•s Total Cost 01 August 2022 1,600 1,600 01 AL4gUSt 2023 I,¢oo 1,600 Depre¢i•ii¢)n 01 August 2022 1.600 1.600 01 August 2023 1.600 1,600 Not book valuE A slgnificanl element oflhe fixed a5setswere acquirèd ¥th the aid of grants and Ihwe are restridons upon the manrer in which the assets Can ba dèalt th Imposed bythe grant makSng aulhor1t$. assets are usedlor dire¢td)8t8bb purposes. 20
Skills 4 Work (Gatèshead) Limited Notes to thg Accounts for th• year gnded 31 Juty 2024 9 Dèbtors 2024 2023 Tradè debtors oth8r debtors 12,772 361 433 433 13.153 10 Credltor8: arnounts falllng du• wlthln one yaar 2024 2023 AC¢alS 858 773 11 Incomo and Expanditurè a¢¢ount surnmary 2024 2023 At 1 August 2023 Surplus aftertax forthe yèar 113.909 154 92.920 20,989 At31 July 2024 114.063 113.9Q9 12 No related party transactions Thpr8 *r¥ no r8kgled part8 Inthe year. 21
Skills 4 Worf( {Gateshoad> Limited Not•s to the k¢ounts for the year endèd 31 July 2024 13 Particulars of how particular lunds ar• ropr•s•nt•d by a$$ets and Ilabilitles At31 July2024 lIDr•#tsitsd lund D•slgnal•d knds R¢$trktsd Fund$ CufrentAssets Curront Li9bilities 19.377 18581 114921 18581 Il519 95.544 114.063 At 1 AugU8t2023 Vnr•*lrf¢led Do¥fjBnat•d R•strklod Jnd• knd$ lunds T•tsi FundB CurrenlA&sÈts CuN8nt abileS 32,444 17731 82,238 114682 17731 31.871 111WJ9 14 Chang• In total fund5 overthg yèar a$ $hown In Noto 13. arbalys•d by Indlvidual lund5 Fund¥ bt•wtyhl alowment In fvrwAidfmm frjnds In2024 2023 Tr4n¥fw4 bOtt¥n lund$1th2024 Fund%carwlDd forward lo 202$ SM F4ot• IS S•• N•t¢ii Unrestrfctad Revenue Funds 31,671 113.1511 18,520 Total unT95trl1d and d•slgnatsd lund8 14151 18.520 Reslrt¢l8dfunds.". Restritted R8venu8 Fund 82.238 13,305 95.543 Tot41 lo1¢tod 82.238 f3,305 95,543 Total ¢harltylunds 113,909 154
Skllls 4 Work {Gateshead) Llmited Notss to th? Ac¢ounts for th¢ year ended 31 July 2024 15 Anatysis of mov•mènts In fvnds ovèr the ygar as shown In Not• 14 Olhar Gal & Lossos 2024 Inrn• 2024 2024 unrestr1¢tandIgnattrdfUmt5.'. Unr&stsfj¢ted Revenue Funds 142,1461 113,1611 Restricted Revenuè FuThJ 36.000 122,6951 13.X15 16 The purpos88 for whi¢h th• Unr&stri¢t•d•nd4l*$lgnated The5elurKJs 8r8 hekl forthe tneetirvJ the obJeGtives of Ihe charity. aThJ to provide reservesferfuture acbvitie5, and. subject to charityle9tn. free frorn all rosthon5 on thrUS8. Unrestricled Revenu8 Funds Thesè fvnds are hdd for meeting the ol"ectives lhO charity. 8ndto promdp reserves forfutur& actrvilies and. wbjFct to charity gislation. are ros¢t£d In their use bylhe dOf funds. Restrided R8v$nue Fund 17 Ultimatè eontrolllng party Th6 charity is undBr control of ts legal members. 23
skil 4 Work IGatesh•adl Llmltod Dètsll•d analysls of incom• and 9xpendIr• forthe y•4f •nd¢d 31 July 2024 ¥$ reqdred byth? SORP 201S Thts an41ysls Is c18S8slllodby conv8ndonal nomin4ldescrfptlons ondnolbya¢tlwlty. 18 Donations. Grllnts and Logaci8s eurr•ntyokr Cwr•nty•ar eumMy•ir Prtory UMpthl¢t•d R•slrfrted Tothl Fund# loi•lFuTrds FndS Fun 2024 2023 Don•llatt rtd from indivldua Small(hxHtiO IndU1yk55 than£100 110 1.325 T¢rtal Ittsnallonsand gfftsfrom iNlividual$ 110 1.325 CurrMty¢ar Currnnty•ir Cuwrnty•ar PrfDrYw¥ UTrr•smthd Tthkl Fur TotslFuTrd¥ Fufftds Fun 2024 Z023 Revéfiu• #Y•tslrom go¥ernTh•rt and publi¢ bodl•s Gate91ad COL1 2,633 3.671 5,055 Communlty FOu010n Tyne & Wear 14.400 7.924 4324 42.280 NLthumbrH Poli¢e NHS Effjland 1420 SpDrt Enybnd 7252 J¢hn D Endowmont Fund5 2.500 1.000 23,038 2$,0gb Grggys iooo Toi¥l publlc 60clorr0vuO grty 17.QJ3 53,033 81S07 the sronts inlh& Priywere unrestricted. Revqnw giant¥ fr•m g•v•rnm•nt ond pubkc bodles. PrtorY•ar anatysis PvbvY••r UnMirf¢i•d Furds 2023 Pyr Prtoryr F 2423 Tot4 Pri•rY•ar 7SO 61,757 24
Sklll8 4 Worf( IGo108hoadl Llmltod D•tslkd anatysis of in¢ome and •xpond61wgforth8 yèar•nded 31 Juty 2024 as requlrod by1 SQRP 2015 Curi•ntygaT R¢4trf¢tsd Fvnd• PfvrY•r T•tolFwDd¥ Totsl F$ UnMstrfct4d pd# 23 Revenu• grants and dDrtatltsn from n¢n publlc bgdl•# Lal Griiw Gr8 soo NEYOU 400 4¢ 390 COn¢d Voi 3.100 3,10 3,480 sId FOatitin 1.836 Kogtsu UK tirnitad 300 Dl¥ability Ryhts 250 Yotkshlfe EngBJy 25Q UKYouth 150 150 KFC FDundalon 11K> 100 SJP Foundotlon 2,500 2.SOQ TotAI prf¥ateethT revenu• grants 6,750 750 506 Al Igrants kn ts Wr year were wr85tFithd. Revenuè donaUons from non publlE bodlH IlTrctud• GiftAld dontlon6 from 6ub51tharhFTr Prlor Yeorothaly•l• prtorY••r Unr4strfct•d R••trtthd Fundts Fwds PrforY•ir Prforyotsr T)tsJ Funds 2Q23 2023 Prtorythv 6,506 Total Donations. Grnnts and Lega¢les Ttknl DonoUon$, GrgntS Af and L•w¢le8 36,00ty 59.893 l thè donalknns and gifts in Ihe prior yearwere reStrIcted. PrforY•ar Totsl Fund& 2023 Pryear Futsd& 2D23 Funds 2023 Total Donatlons, Giants and L¢gacie$ A1 2.075 88,283 70,338
Skllls 4 Work IGat¢$headl Llmlted l)ètalhd an$1$ ol Incomo and axponditur•Yorthè yoar 31 Juty2024 as requtred bythè SORP 2015 19 Ine¢)me from ¢hatitablo aMtIets. Tmdlng A¢tMtks Curr•hty•Ar ¢•tyar Prforyiat R•$irfel•d Tot41 FuThdB fotlfwids UThr•sirfcted Fwd$ 2024 2024 2023 Prlmary pury>O$• Ahdanclllarytradlng Membetshw $ubs¢ripborts in rebjm S.090 1190 4.885 Tthal Prknary purpos• and an¢illwytradlng 5.090 20 Totsl Incom• from tharhabiE a¢UvlU ¢uW•Oty•Ar Curr•ntyv4 ¢umtyuv UnrusthGivd Wlrlctqd T¥tsi Fwnd FuThds Fund¥ PrlorY•ar Cvnutybar Total FuDd$ 2024 Total ththtthetrwJit¥ S.090 SQ90 4.685 T•lal from Ch•r•bIal1VI0 A2 90 46B5 21 Inv08tsn•nt Inwme CuTheniypar ¢umiy•ar Currnnty unr•slnclqd IMIVl¢tsd Tot•lFund• Funds Fnd Prforymr Total Fwnds 2024 2024 2023 fjn 8ank interest r4ceNaNo 12 12 T•tl Inve•un1cOrn0 12 12 22 Exp8ndltur• on ¢lwitabl• actfvitl8ts. Grantfundlng of a¢tiwties rront¥T Curr•rtyUF Curr1Y PrforY•ar TrfalFunth TotslFuTrd5 Fund5 Fthids 2023 Stsssv)n Tu*ors- Empbyment 21.830 11.755 33.585 .885 Total wantmakirvJ 21.B30 11.75S 33,585 29.885 PrfoTY•ar PrrIr Totsl Funth Prlpr Y•ar Fund$ 2013 20 Sos%onal Tutors- EmploymÈnt 29.885 .B15 T•141 grantm•klrvd ¢osts B2£ 29.185 29.68$
Skills 4 Work IGat•8headl Llmlt•d Dètall•d analy818 of ifi¢omè and pendr¥ for th¢ yaar•nd•d 31 July 2024 as rnqulred byth• SORP 2015 23 supPortts tty tharllable athlll Culr•hty•or Cwrnnlyvpr Currbnty•BF PrfDrY• ith¥vSlfiw R•rtGthd Total Funth TotslFund Fund C4WfOrt Ye 20 24 2024 Employ0• ¢08ts notlncludedln g)rètl $ts Sakrf¢s- Admini5trAtive staff Trainino ar weare- Blaff Travel and sub8i51ence- 51off 14WO 8,012 21892 13J44 2.317 1,248 3,565 3.547 Premises Exp8n8•S Rent payable under oparallng Rates and waterthgrges RM Hlr& Pr(yerty in8uranc6 1.211 652 1.863 235 089 352 121 210 65 IB6 323 Admlnlstrallvg Uv¢rh8 ststionery and pntIng Sundry expen888 PAT tests 368 l.Q51 105 107 132 J5 Prof•sthlffe2spaid lo thoAithwlndppendeJJtExamln8rlft addltlon to audytand •x8mlnallon f09$ A8 de181kd In NXe 24 n4 1.098 Pr•kssloMI f8e4 p8ld to advi$ th8ft th04udltoror¢x4mirt Olh8rl89al and profes$ional 73 Supportcots hfor• Mllo¢otlon 2Q.31fj 10,940 31,25fj 24245 Total sypport easts. Curr•nl Year 20.31$ 10,940 31.2$1 24,245 Tho basis ofaat)n ofcD5ts beiween a111$ l¥ Uer QGcouthn9 po9¥ ¢umhty•ar Cufftntymr Uhr•trfÉOd P•strtc¢•d Fun Fund• 2024 Prf¢f Y•ar Prfor Year Total Funth 2024 2Q23 Employ80 ¢o$ts notlneludoGlln th•ct¢osts Salarie5- Admini$traUv8 staff Troirung and waffar&- staff Travd and wbEislence- staff 13,344 390 3,S47 13,344 390 3.547 Pr•misos Exp8n$•s Ratos and water chargas Rwm Hirè 235 5.089 StalKin8ryand printing Sjry expenses PAT tests 300 132 35 300 432 3¥ Pr•l¢sslon•lf8asp8ld to the Audttor+vlndapondentExamln¢r In adrfi¢ign ttr*udlt•nd Profwlonal fees pald to Olherlw and professional 48 1.125 23,120 24245 Total 811PPOrt ¢08ts- PrlorY¢pr 1,12S 23.120 The ba8r6 k)¢all¢n ofets3t8 octiwbos 16 descthd und8f aewthg
Skllls 4 Work IGato$headl Llmited L)•¢•ll•d anatysi$ of In¢om• ¥nd expehthture forth• y•8r 31 ju 2024 as i•qulr8d byth• SORP 201S 24 Other EAp•ndKuro-Gov•mane• eo$t8 Prof•sslonal fwspaidts th8Audltororlndopend•ntEx8mlnerln 4dthiion &udltan examln•¢ion I8 eurr•ntyeY CyryÉfftiy•ar cUrrEy PfvrY•ar Unr•slrfGtsd R•Slrt¢tsd T¢l•lFuhd$ T•talFundx FuTrds 2024 2024 Fees paKI to examknorfs fi 714 1,091 773 Total •ddWlonaltee ihcllthd In 8upport ¢wts at 714 773 lthe eXpeiture in prlor yearwas uweSthwJ. Profos$lonalfe¢spaldtC+ lh8 AudllororlndgpertdtrntEx&mln8rln4ddltlon lo ¥tltand p0yeOr prtvY••r Unr•slrtGl•d ReBth¢W FuTr4s Fund9 zoiJ Prforyoir Total Fund• 2023 25 Tcrtal Charltabh experKlitsre Curr•nty••r ¢wr•nty•8r PthrY•ar UnT•¥tn¢le4J l(o•inew TotaEFutsth Tot1 Fd¥ Fund Cunont Yo&r 2024 2024 Total granlmaking cost5 T¢tal support costs 82c B2d 21,830 20,316 11.755 10.940 33.585 31.256 29.885 24,2 T•t•l th•rhbl• gxpn¢ltwe B2 411 PrforY¢•r PrfoEY•av Prroryoir lIne¢to Tot•1 FdI Fo* Prlor Y•8r Fuhd 2023 23 t023 Totsi granbnakSn9 costs Total $upporf costs 29.885 23.120 29.985 B2d 1.125 Toial ¢hailtabl•w•ndltur• B2 1.125 53,005 S4.130 26 Exp•ndllure on rthisin¥lut)d8 and ¢08ts ollnw$lm•nt management CostoffundralsSng athiti88 Yot•lfundrai•ing ¢D8 B1 1961 AI Ienltre prwyosrwt8 vnresth¢t6d.