Company registration numbcr 09013822 Charity rcgistration numbcr 1170010 (: l()bal ,Skills Ccntre C()mpany Limited by Guarantee Ilcport and fl inancial Statements f()r the yL'ar endcd 30 April 2025
C.lobal Skills Ccntre Company Limited by Cyuarantee Ci)mpany inf(Irmation DircLto Polivios I,'fyhyiniou - Jte,signed Navember 2024 Jeremy E3arkcr I sjac Williains-cyonnlic ()rrcl I,(IwrLncc- Ai)poin£edApril 2025 Sccrcta Joscph J&iLobs Coimpa y numbcr 09013822 Charily numbL'r 170010 RcgistL L'd offiLc 2 Ma%L'fiL'ld I lousL' %ial'lord Iload l.ondon NW6 5YIJ AcLoun <inlS I,orralcx Associatc4 ALLounlants I l KiinbL'rlcy Court KimbL'rlL'y Iload l.ondon NW6 7SI. 13aiikcr 13ai-clay$ 13anl< plc 74 ShcphL'rdi Ilush Cil'CLn l.oiid()ii W12 8QE,' Solicit Ilu%,qcl l-cookc Sol icilor% 2 1)utncy I lill l.ondon SW15 6A13
(:lobal Skills Ccntrc Company Limited by Guarantce Ci)ntent. Page Aniiual cpori Indepcn cnt cxamincrs, rcport StalcinL t or rinanLial aLtivitiLs NolLS I Ihc slatLinLnl or riniinLi<il aLtiv iliLs
Clobal Skills Cclltrc Cotnpany Limitcd by Cyuarantce Annual Ilcport for the ycar cndcd 30 April 2025 I"hc dircclor present this rcport and thc financial slalcmcnl.s for thc pcriod ¢nd¢d 30 April 2025. Organisatio Global Ski Ils govcrncd by cliarity aiid a Ccntrc is rcgistcrcd as both a Chariiy and a Coinpany limilcd by guaranlec aiid i ts Mcmoranduni <ind ArliLIL'S of Associalion. 'I"hc dircLlors arL' also 'l"ruslccs ofthc c i'cfcrrcd lo as d ircclors. Ilevicw of p lil April 202 l.", nglisli luiti Inarlced an li rciiiain comii ogrcss and achievements the Charity bcgan a pha%ed rcsuinption of%ci-viccs, succcssfully delivering Maths and 11 for young peoplc agcd 7 10 I C) at ihc (iraiivillc Plus I,'ain ily Wcllbciiig Cciilrc. "I'his portanl stcp in oiir I'ccovcry cind rL'LI)nncction willi Ihc coininun ILY. I,c)ol<ing ahead, we iltcd io I'cstoring ful l OPLf<ilioii<il LapaLity as rLsoufLL.4 bLLOIIIC iivai lablc. Our dccp-ro Charity's lon ciisurc ihat o prograiT)mcs outcoincs an lcd partncrships wilh local communilics and agcnciL's rcmain fuiidamcnlal to ihc J_tcrm susl<iiiiabi lity. 'I'licsc col laborations not on ly boosl our scrv icc dclivcry bul also r work rcm4iin% closcly aligncd with Iocdl nccds. 'I'hL' conlinucd hig)h dcinand for our cllccl% ihc c%%Lntial rolc wc play in cnablingy individuals Io 41LhiLvL improvLd Icarning mcaningful pcrsonal growth. l."ccdback fro our approach altaininciil a scrvicc users and parincr organisalions conlinucs lo afririn ihc value and impact or ,ikcwisc, dala col Icclcd ovcr li InL .%hows .%u5lainL'd po%ilive trcnd.s in acadein ic d carccr pr()g)rc.%sion ainong pri)gTrr<iinmL parliLIpiint%. "l-hrouglioul I gap.£ in loLal prog7rammcs e year, WL. liavL rcmaincd focusLd on IcvL'r<lg7ingJ our slrcng?Ihs lo address idcnlificd ervicc provision. Our cominilimcnl lo delivering high-Liualily, clicnl-cLiitrcd hat arc inclusivc, acccs.siblc, and rcspoiisivc lo community nccds, rcmains unwavcring. We arc activ RoboliLs cla rcsumc oncc ly planning ihL' rL'in.slatcmcnl ofthc S'l"I,'M Programinc. incliiding Coding and scs. alonL)sidL ihc l)igital Inclusion and l.'S()l. I'rogrdininc8. "I'hcsc iniliativcs will uilablc and arrordablc prcmiscs havc bccn sccurcd. Youth Provi l)uriiig ihc 2 participalcd i 4. In additio intcrpcrsonal cach particip ion 2412025 finanLial ycar, a lolal of 70 young pcoplc (43 / boy,$ Lind 57 % girls) thc Afici-_School Prograinmc (Maihs and I,.nglish 'l'uilion), targcting Key Stagcs 2 to to acadcmic support, thc prograinmc incorporalcd wraparound services including dcvclopmcnt, life skills, sludy skills, and mcntoring to support thc holistic growth of nl. 'I'hc youth pr cngagc and i acccssiblc lo grammc providcs a safc and supporiivc Icarning cnvironincnt whcrc younL pcoplc can rive. All scssions arc frcc at ihL' poinl of dclivcry and <irc dcsignLd to bc fully 11 mcmbcrs ofthc community.
(:lobal Skills CentrL' Company Limited by Guarantee Annual Report for the year endL'd 30 April 2025 (eontxnued) Demand for accoininodat Stagc 2 provi ur Éuilioi) classcs has grown significantly, cxcecding our currcnt capacily to all rcfcrrals. As a rL'suli, WL havc wailing) lisls in cci-lain arc¢l.%, Ini)%L nolably foi. Kcy ion. Ileview of d I'lic Cliarity syslcni of I'L managciiient 'I'liis proccss Lvaludlions, livery pcr<ilcs priinarily in South Kilburn, wiihin ihc I,ondon Borough of Ilrciit. A robust u lar sclf-assc.ssincnl is in placc, covLriiig) kcy arcas sucli as tcach iiig quality. flccLivcnc8s, rL'sourLL ulilisalion, Icarnci. acliicvcmcnl, rclLnlioii, <ind progrcs.sion. s supporlcd by LomprLhcnsivL' record-kL'L'pinb, P<il'liLiP£inL fLLdb<iLk, and ()nguing liich collectivcly inform our annual Continuous Improvemcnt Action Plan. Wc extend o invaludblc su lilcc Io <ickn() (iranvillL' I)1 Kilbum 'l-rus Plus (l)WP). ahcad. r sincere gralitudc to all Ihc organisalions and individuals who liavc provided port lo (ilobal %ki118 ("Lnlrc thr()ug)houl thL fiii4tllLl<tl yL<ir. Iii ptii'liculiir, wc would ILdgJL ihL LoiilribuLions of Lhc Joliii l.yon'% Ch<irily, Counlrysidc l)arLnLr%h ips. l aini ly WL'llbcing CLnirL, Salisbury World, (iraiivi I IL Coininiinily KilLhL'ii, %ouih ()K Club, Ilrcni I lub8, CVS I4rent, Young I4rcnl l.oundalion, and Ilrciit Job Ccntrc Wc loolc fonvard io strcngthcning and nuriuring Ihcsc kcy partncr%hips in Ihc ycar 'I'he Charily whosc Llon&il valuL' ufihib gcncrously c continucd su as also grcatly bcncfitcd from ihc in-kind contributions of both %larrancl voluntccr.4, £1 iiinL hil% bL'Ln i iislruincnlal in siipporting pri)j CL( dLI ivLI'y. 'I'hL' LsliinatL.d monLlary ontribulion cxLccds £7,500. We gralcfully acknowlcdgc all Ihosc wlio havc nlribulcd ihLir limc and cxpcilisc ovcr ihc pasl ycar, which has been vital to ihc cL'ss of our prog)rammcs and scrviccs. I'age 2
Global Skills Centre Company Limited by Cyuarantce Annual Report for the year endcd 30 April 2025 (continued) Statemcnt o Dircctors ar yivcs a Irue directors, responsibilitics rcsponsiblc for ihc prcparalion of fin<incial stalcincnls for Lach financial ycar which lid fair vicw of thc slatc of thc affairs of ihc charily aiid of ihc rcsuli for that pcriod. In prcpariiig hosc financial slatcments, dircctors arc rcquircd io-_ Sclcc M¢ik Sialc dcpar Prep pi-Lsu suilablc accounting policiLs (tnd thcn apply ihcin LonsislcnL judgJL'inLnls cind cstimatc.8 thal wcrc rcasonable aiid prudciit whcihLr ¢ippIiL¢iblc dLLountiiig? standards have bccn followcd. 5ubjccl Lo aiiy Inalcrial urc d isLIosLd and cxpl¢iinLd in ihL aLLouiils. and rc ilic fiiiancial statcinLnls on a L)oing LonLcrn basis unless il is inapproprialc to L ihat tlic charity will contiiiuc to opcralc. l)ircclor.s ar tILLuf<iLy at a thc ilSSLls ol. <ind oilicr ii'r rcsponsiblc lor Icccping propLr aLLounling rccords which disclosc witli rLasonablL' y timc ihc financial po.qition of Ihc charily. 'I'hLy ai'c also i'c8pon%iblc for safcgu<irding hc chÉiriiy and hLnLL' for laking rL'asonablL' slL'p% for prevciilion and delL'Ltion of fi'aud gularitics. l)ireetnrs 'I'hL' d ircLtor (iorinl IL and who served during tlic ycar WL'I'L. Pol ivios l.'fyhyin iou, JcrLiny 13arkLr, I'.SjclL Will iains- )rrLI l.awrL'nLL. 'I'his rcpori i 2006 rc'laling prcparcd iii accordancc with ilic spccial pi'ovisions of i)dii 15 of tliL' Coimpaiiics Acl lo sinall coini)anics. "I'liis rcport as approvcd by thc board on 8 August 2025 and signcd on its bchalf by JcrL'niy Ilar DirL'ctor er Page 3
C:lobal Skills Ccntre Company Limitcd by Guarantee Indcpcndcnl Fxaminers, Report to the I'rustces of C'lubal Skillb Ccntre for the year ended 30 April 2025 rcport oli the accounts of ihL' company for ihe ycar ended 30 April 2025. which are sel out on pagcs 4 to 8. Ilespective r 'I'lic Truslcc5 thL prcp(ir(itio 43(2) ol-thL C sponsibilities of 'l'ru$tees and examiner wlio arc also ihc directors of thc coinpany for ilie purposes of compaiiy Idw) are i-esponsiblc for ol. Ihc accolinls. 'I'lic 'l'ruslces considLr IliÉlt an dudil is not required for Il)is year undcr seclion dritics Acl 1993 (IhL' 1993 Acl) und that an accountdnls, report is needed. 14aving satis indcpeiidenl cd myself ihdl the charity is not subjcct lo audit undcr company law and is cligiblc for xain ination, it is my rL'sponsibility to.. cxam nL' Ihc. aLcountS Lindcr scction 43 of tlic 1993 Act; ow ihc pi-oLcdLlI'eS laid dnwii iii Ilic gciicral l)ircctions g) ivcn by Ilic Cli<iriiy CominiSblOII scLlion 43(7)(b) oftlic 1993 Act; and wlictlicr pariicu lar maltcrs li<lVL Loinc lo my alleiilion. lo fol Linder to sla Basis of aceo My ex¢imindl oniin i.ssioii. coinparisoii o itctn% or discl InallL'rs. 'I'lic aiid coiisCCIU rcport is limil iitant.8' report oli wa4 LarriL'd oiit in accorddlicc wilh tlic 8cncral l)irc¢tion.s given by Ihc Cliarily An CX<llYI illati(In incliidL.% d rL'viL'w o filic accouiiliiig rcLords k'ci)t by ilic charity dnd (I "11)c accouiils prL'sL'lltcd with ih()%c rcLords. 11 al.%0 iiiLILidL'.4 LoiisidL'ralioii of dlly uniisual siircs iii ilie dCCOLllItS (iiid scL'lciiig) cxijlaiialioiifj froin y()U (Is .1 r115lLcs cuiiLLI-iiiiig dlly SULII ruL¢durLs uiidcrtakcii do Iiot pi-ovidL tLI I tliL' cvidL'ii¢¢ iliiil wi)uld bc I'cquii'cd i li illi audil illy 110 opiiiion is g) ivcii a.s lo wlicllici. Ihc account% Pl'L'8ciII a 'tiu¢ aiid fair vicw" aiid tlic d to ihosc Inatlors SLI out in ihL' sl¢ilcincnt bclow. AcLountants Iii LuniiL'LIioi) sliitcment willi Iiiy CX¢imiiialion, no Inatlcr lia% comc to Iny dtlciitioii: (l) whicl gives Inc I'casonablc causc lo bL'licv¢ thal iii ally Inalcrial I-CSPLLI LhL' rcqLiircmL'iils: to kce lo pi requir Stalc accoiiiitiiig Ircords in acLord£lllLC Witli s¢Llioii 3 86 of ilic Cuinpaiiiu's Act 2006. and P<U'C (iccouiils wliicli accord willi LIIL (iuluiiiiliiig i-ccvrds, Lviiiply willi Ilic (iLLUUllting Inciits of scction 396 of ihi Coiiipanics Acl 2006 (ind wilh IhL Inclhods <ind prinLiplcs of thc cnt of Rccoinmcndcd Practicc.. Accounliiig and Rcporting by Charitics Iiavc iioi bccii Inct. or (2) which iii iiiy opinioii, atlLntion sliould bc dr<lWli in ordcr lo ciiablc a propcr uiidcrsl411Idiiig of ihc Is lo bL' rcdclicd. accou OTTUZJIe ' l.orrdlcx Ass Accountdnls I l Kiiiibcrlcy Kimberlcy R I,ondon NW6 exan&er ciatcs nd Indcpcndcnt l.,xamiiicrs Court 7SI. 8 August 202 Page 4
Cl(Ibal &ikills Ccntre Company Limitcd by Guarantee Statement of Financial Activitics for thc year ended 30 April 2025 Unrestricted Ilestricted Total l<unds unds 2025 Total 2024 Note Incoming R I rom gcncra .sourccs ing funds Activities fo Granls and d IntL'rcsL rLcci gLncrating funds iialions ablc 36,580 78 45.000 81,580 78 25,087 30 Total Incom ng Ilcs()urccs 36,658 45,000 25,117 IlesqiurLL'5 Tr: Co.%t of geiiL' PL'iidL,d atiiig) fund.s Chdrilablc ac ivitics 1,765 40,098 41,863 73,687 Total Iles(iu ccs Tr.xpcndcd 1,765 40,098 41,863 73,6117 Nct Incomin Surplus l (l) / Outgoing Ilcsiiurccs ricit) 34,8()3 4,)( 02 39,795 (48,570) I'otiil Funds Br(iukiht Trorward 10,183 (5,709) 4,474 53,044 'rotal Funds Carricd Fonvard 45,076 (807) 44,269 4,474 All transacti All rccognisL 'I'hc nolcs on ns arc dcrivcd fr()m contlnuing activities gains and losscs are includcd iii the StatcmLnl of I,inancial Aclivitics (SOI.'A). pages 6 to 8 form part ol, Ihesc fin(Incial slalcincnls. Page 5
(:lohal Skills Ccntrc Company Limited by Guarantee Balance Sheet as at 30 April 2025 2025 2025 2024 Fixcd asstts 'I'aiigible assc Current assc l)cblurs and l) Casli at bank cpayments nd in liand 13 46,939 51,705 51,705 46,952 Credit()rs: a due ivithin o ounts lallin c ycar (7,436} (42.478) Net currcnt a scls / liabilitics 44,269 4.474 Net a88Cts 44,269 4,474 Rc.serves Tr un 44,269 4,474 In approving i Icsc liiiaiicial statements as dircclors ofihc compliny wc hcrcby confiriii.. (a) Iliat for tlic Coinpdnics A yciir stated abovc the coinpaiiy was cnliil¢d io lh¢ ¢x¢mption Lonfcrrcd by scclioii 477 of Ihc t 2006; (b) Ihat no nol rcqucsliiig Ilia c lias bccn dcposilcd dt Ihc rcgislci'cd officc of thc coinpaiiy pursu<illt to Scclioii 476 an audit bc coiiduclcd for ihi pL'riod ci)dcd 30 April 2025 diid (c) tli(Il wc ac (l) cnsuring t (2) prL'pariiig tlie end ol. tlic 8cctioii 394 d rin(Illci<il slatci nowlcdgc vur rLsp()ii%ibi lilics for- al tlic coinpaiiy keeps accounliiig rcLords wliicli coillply with 8¢ction 386. liiid Inaiicial statciY]cnts wliicli give a Iruc iiiid fair vicw of Ihc statc of affairs of ilie company as at inaiicial ycdr aiid of ils surplus for ihc year Ihcii cndLd in dccorddncc willi th¢ rcquircmcnts of d 395 aiid wliich othcrwisc Lomply wilh thc provisions of the Cornpaiiies Acl 2006 rLldling lo cnts, bo far ds applicablc to Ihc compaiiy. 'I"hcsc financi. Act 2006 rclilt I slatcmcnls are prcparL.d iii accordancc with ilic SPCLiiil provisions of Pdrt 15 of the Compiillics ng to sindll compdnics. I'he financidj t¢ltetncnt5 werc appi-ovcd by thc board on 8 ALigusl 2025 dnd sign on ils bchdlf by Joseph .Jacob SLcrctary Jeremy Director er
Global Skills Centrc Company Limited by Guarantcc Notes to the Slatcment of financial 44elivities for thL ycAr cndcd 30 April 2025 Aecoun ing policies 1.1. Accoun "Iic fin. applica (SORP ing convention ncial slatcincnls arc prcpÉircd iindcr ihe historical cosl convcnlion. and iii accordance with le accounling slandards aiid the Statcincnt of Rccommendcd Accounting l)raLlicc 2005 accouiiting by Cliaritics Conimission. 'I"he company has lakL'n advantagc ofthc oli in I,'RS I froin Ilie requireinciit to pi'oducc a cash flow slalcimciit as rcquircd by l Rcpoiling Standard No. l on ihc ground that il is a sinall company. cxciiipt inaiici 1.2. Incom Incoini 8pccifi dui'iiig ng IIL'sourccs g rL.sourccs rcprcscnl ainounls rcccivablc duriiig thc ycar. (irants and donalioii,s for purposcs ai'c Ii'catcd a.% incoir]c iii ihc ycar iii which rcccivcd. Ainounts rcLcivcd IIC yL'dr rL'l¢iling to spcci fic PL'riods (arc sprcad ovLr ihL PLriods to whiLh ihLy i-cliltc. 1.3. Out&yoi Ilcsourccs rc rcsourccs cxpcndcd in ordci. to dclivcr scrvices. "I'hcy arc inLludcd in thc %tst¢mcnl Lial ALliviliL's {SOI-'A) on aLcrual.% basis, inclusivL of any VA'I" paid. VA'I, cannot bL' Ld. I'.xpLiid iturL is Lharg?Ld li) aLliv iliL% ()n a dirLLt al Iocdlioii aiid / or suilablc IiiT)cni basis, in a iiiannLr coiisistciiily applicd. ofl ina rLL()vLI appoiti 1.4. b.und Ilcstric diffcrL' cc()unting cd aiid unrcslrictcd funds arc scparatcly disLloscd, as set out in ihe sofA. I'hc I runds hcld arc dL'finL'd as follows.. Ilcstri "tcd flinds <ifc SLibjecl lo thc spcLific purposc% for whiLh ihc funds wL'rL' raised. riLtcd funds afL' av<li lablL Lo spcnd ai ihc d i.%LrL'(ion ()f ihL' "I'ruslccs in iicc of thc cliaritablc objcctivcs of thc charity. furthcr raxati Asar laxatio )istcrL'd charily, Ihc coinpdny is polL'nlially cxcmpi from incomc and corporalion iti rcspcct of incomc and capilal gain.s rcccivcd witliin ihc calcEoriL's Lovcrcd by Ihc 'l"axcs Act 1988 or S256 of ihe .1 dxalion of Chargcablc Gains Act 1992 to thc hdt such income or gains arL' applicd io cxclusivcly charilablc purposcs. cxtcnt Liabili 'I"hc lia of ML'mbcrs ility of incmbcrs is limilLd by guar(Inlcc not Cxcccding £1 cach. CNoing 'hc ac Lonccr an al(c out thc bccn s onccrn ounls al'e pi'LPÉirc'd on a 'going concern, basis. 'I'hc 'l"ruslccs sli11 considci. Ihdt ' goiiig i.s ihL corrccl basis to prcparc thL aLcounl.s on ihc g)roiinds Lhai ihey havc conLliidcd iialivc funding arrangcmenl and that grani funds will, in ihcir vicw, bc sourced to carry new activilies. 'I'hc 'l"rustccs will nol undcriakc commitmcnts unlil ncw funding has urcd. Puge 7
Glob491 Sliill.4 Centre Company lJiinited by Gu2rantee Notc5 to the Statement of financial activities ror thc ycar ended 30 April 2025 Incnmi g Ilesourccs Un reqtrieted Ilestrieted Fund 2025 2024 'I'otal (irant I ntcrcst 36,580 78 45,000 81,580 78 25,087 30 Ilcccivablc 36,658 45,000 81,658 25,117 Ilcsour c% F.xponded Unrcstricted IIL'strictL,d unds Funds 2025 I'otal 2024 Tutal Charita Ic aLtivilics 1,765 40,098 41.863 73,687 1,765 40,U98 41,863 73,687 Tangib e fixed assets ()Iriec quipmL'nt Total Cosl AtIM Addili y 2024 1,900 6.948 1.900 6.9411 n5 At30 pril 2025 8.8411 8.848 J)i'prc AtIM Charge At30 iulii)n y 2024 ror the ycar pril 2025 1,900 6.948 1.900 6948 8,848 8.848 k values pril 2025 Al30 Net bo At30 k value.s pril 2024 Puge 8
Cylobal Skills Ccntrc Company IJimited by (Juarantcc Notes to the Statement of fingncial activities for the year end¢d 30 April 2025 Currc t Asscts: Dcbtors and Pr¢payments 2025 2024 r)cbior aiid prcpayinenls 13 13 Credil within rs: amounls falling due nc ycar 2025 2024 Accrua s and dcfcrrcd incoine 7,436 42,478 7,436 42,478 Page 9