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2022-08-31-accounts

Registered company number 09687513

Registered charity number 1172089

Lifebridge Asend (A company limited by guarantee) Trustees' Report and Financial Statements

31 August 2022

Lifebridge Asend Report and accounts Contents

Page
Reference and administrative details 1
Trustees' report 2
Independent examiners' report 11
Statement of financial activities 12
Comparative statement of financial activities 13
Statement of financial position 14
Statement of cash flows 15
Notes to the financial statements 16

Lifebridge Asend Reference and Administrative Details

Trustees

Susan Banister Caroline Dawson Gary Johnson

Independent examiners

S.E.A Accountancy Limited Shaw House 1 Shaw Street Ashton-under-Lyne OL6 6QJ

Registered office

Rumworth School Armadale Road Ladybridge Bolton BL3 4TP

Registered company number 09687513

Registered charity number

1172089

1

Trustees’ Annual Report for the period 1[st] Sept 2021 to 31[st] August 2022

From Period start date: 1[st] Sept 2021 To Period end date: 31[st] August 2022 Charity name: LifeBridge ASEND

Charity registration number: 1172089

Objectives and Activities

SORP
Reference
Summary of the purposes
of the charity as set out in
its governing document		 Para 1.17 LifeBridge ASEND acts as a resource for young people
with special educational needs and disabilities in the
Greater
Manchester,
South
Lancashire
and
surrounding areas by providing support, educational,
physical and other activities to improve their life
chances and wellbeing. We respond to the changing
needs of current and future learning, to maximise the
potential of every individual who participates.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Para 1.17
and 1.19		 As a Specialist Post-19 Institution, we provide
educational, enrichment and vocational opportunities to
young adults between the ages of 19 and 25 with
special needs, remaining focused on their individual
needs. LifeBridge ASEND also offers extended non-
educational provision for young adults beyond the age
of 25 up to 30. Our priority is to support young people
with SEND to prepare themselves for adulthood, whilst
working towards becoming more independent and
ultimately gaining employment. The Post-19 offer we
deliver at LifeBridge ASEND provides an ‘adult’
environment for those young people who want to work;
the offer helps to increase their confidence and ability
to perform successfully in the workplace, the local
community and the wider society. Young adults with
special educational needs can be isolated in their local
community. LifeBridge supports young adults with
learning disabilities to organise social activities for
themselves within the wider community.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The trustees have regard to Charity Commission
guidance and are clear that LifeBridge ASEND is
beneficial to a sufficiently wide section of the public and
is not run for any particular personal benefit or gain.
Being mindful of the core purposes of the charity
underpins all of the decision making processes,

2

policies, practices and procedures undertaken by LifeBridge ASEND.

Additional information (optional)

You may choose to include further statements where relevant about:

SORP
Reference
Policy on grant making Para 1.38 Not applicable
LifeBridge ASEND does not make any grants
Policy on social investment
including program related
investment		 Para 1.38 Not applicable
LifeBridge ASEND does not make any social
investment
Contribution made by
volunteers		 Para 1.38 Not applicable
LifeBridge ASEND does not have any volunteers
Other Not applicable

Achievements and Performance

SORP
Reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 The main achievements of LifeBridge ASEND during
this year are:
●Continuing to provide education and wellbeing
support for our young people and using capital
investment to improve the premises as our long-
term home to create an environment which is
conducive to learning.
●LifeBridge Plus provides vital support for young
adults with SEND and makes a big difference to
their lives. Regular social opportunities were
organised for our young adults to take part in
meaningful activities, socialising with peers and
being supported to increase resilience and
independence.
●Strengthened the operational leadership for the
organisation including replacing key staff with new
people who have the appropriate skill set to

3

support our objectives and vision for our young adults.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against
objectives set		 Para 1.41 During this year, the main achievements of the young
adults with learning disabilities who we work with,
supported by our staff team, are:
35 young adults attended a full-time educational
programme during this year.
Learners achieved a range of accreditation
including Functional Skills Maths & English (Entry
Level 1 to Level 1/Level 2), BTEC Work Skills,
NCFE Awards
The delivery of the Duke of Edinburgh Award was very
successful with:
✓6 young people achieving Bronze Award
✓17 young people achieving Silver Award
✓5 young people achieving Gold Award
62.5% of learners have been supported into either
voluntary or paid employment as their next
destination.
13 young adults have been supported into work
experience placements during this year.
●7 young people attended a residential experience
over two nights which was a huge success.
Running a very popular Holiday Club offer open to all,
which was attended by 23 young people over three
separate holiday periods.
Para 1.41 We continue to plan fundraising events which raise
additional funds to enhance our provision.

4

Performance of fundraising
activities against objectives
set		 We were able to resume our usual bag packing
fundraising activity on two occasions at two local
supermarkets and raised a total of £348.23.
Fundraising monies raised were used towards the
purchase of new picnic benches for the grounds which
can be enjoyed by our young people during lunch and
social time.
Following the success of our charity football event in
the summer term of 2021, we had hoped to host
another event in 2022. Due to commitments of players,
this was rescheduled and arrangements made for the
event to take place in March 2023.
Investment performance
against objectives		 Para 1.41 LifeBridge ASEND does not make any investments.
Other LifeBridge ASEND also received donations of pasties
from a local producer which were used to provide
lunches for young people attending LifeBridge Plus.

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 We have included our full accounts for the year which
have been independently examined externally.
Our financial position remains extremely strong. We
continue to meet the ESFA Health Check in order to
operate & receive funding from the ESFA for our
young adults on their full-time educational
programmes.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 We are required by the ESFA to hold a significant
contingency to cover our operational costs for a period
of 3 months in the event of exceptional circumstances
that might interrupt the normal flow of grant funding
from central and local Government.
We are also continuing to retain reserves in order to
be able to make ongoing investment as capital works
for our new premises.
Amount of reserves held Para 1.22 LifeBridge ASEND held reserves of £212,251 at the
end of this year, of which £154,473 was restricted.
Reasons for holding zero
reserves		 Para 1.22 Not applicable
Details of fund materially in
deficit		 Para 1.24 Not applicable

5

Explanation of any
uncertainties about the
charity continuing as a
going concern		 Para 1.23 Not applicable

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the Para 1.46 principal risks facing the charity Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25
How is the charity
constituted?
(e.g. unincorporated
association, CIO)		 Para 1.25
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25

Additional information (optional)

You may choose to include further statements where relevant about:

Para 1.51

6

Policies and procedures adopted for the induction and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other

Reference and Administrative details

Charity name LifeBridge ASEND
Other name the charity uses LifeBridge PLUS
Registered charity number 1172089
Charity’s principal address Rumworth School
Armadale Road
Ladybridge
Bolton
BL3 4TP

7

Names of the charity trustees who manage the charity

Trustee name Office
(if any)		 Dates acted if not for
whole year		 Name of person
(or body) entitled to
appoint trustee
(if any)
Gary Johnson Chair Whole year Gary Johnson
Susan Banister Whole year Susan Banister
Caroline Dawson Whole year Caroline Dawson

Corporate trustees – names of the directors at the date the report was approved

Director name Gary Johnson Susan Banister Caroline Dawson

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
LifeBridge ASEND does
not own any property

8

Funds held as custodian trustees on behalf of others

Description of the assets Not applicable held in this capacity Name and objects of the Not applicable charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements Not applicable for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Type of adviser Name Address None

Name of chief executive or names of senior staff members (Optional information)

Senior Staff Member: Jane Haslam (Principal of LifeBridge ASEND)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

None

Other optional information

None

9

Declarations

The trustees declare that they have approved the trustees’ report above.
Signature
Full name Gary Johnson
Position
(e.g. Secretary, Chair, etc.)		 Chair Of Trustees
Date 24thMay 2023
Signature
Full name

Signature Full name Position (e.g. Secretary, Chair, etc.) Date Signature Full name

Signature Full name Position (e.g. Secretary, Chair, etc.) Date Signature Full name

10

Lifebridge Asend Independent examiner's report to the members of Lifebridge Asend

I report on the unaudited financial statements of Lifebridge Asend for the year ended 31 August 2022 which comprise the Statement of Financial Activities, the Statement of Financial Position, the Cash Flow Statement and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

Responsibilities and basis of report

As the trustees of the charitable company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the accounts of the charitable company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

I am qualified to undertake the examination, being a qualified member of the Institute of Chartered Accountants in England and Wales (ICAEW).

In connection with my examination, no matter has come to my attention:

have not been met; or

Stephanie Stevens

for and on behalf of S.E.A Accountancy Limited Independent examiner 24 May 2023

Shaw House 1 Shaw Street Ashton-under-Lyne Lancashire OL6 6QJ

11

Lifebridge Asend

Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the year ended 31 August 2022

Notes Unrestricted Restricted 2022 Total
£
£
£
Donations and legacies
4
1,242
-
1,242
Charitable activities
5
106,490
667,405
773,895
Other income
7
255
-
255
Total income
107,987
667,405
775,392
Expenditure on:
Raising funds
8
9
76
85
Charitable activities
9
134,335
605,459
739,794
Total expenditure
134,344
605,535
739,879
(Net expenditure)/net income
(26,357)
61,870
35,513
Transfers between funds
26
68,548
(68,548)
-
Net movement in funds
42,191
(6,678)
35,513
Total funds brought forward
21
15,587
161,151
176,738
Total funds carried forward
57,778
154,473
212,251		 2021 Total
£
890
739,956
-
740,846
158
727,267
727,425
13,421
-
13,421
163,317
176,738

The statement of financial activities includes all gains and losses recognised in the year.

All activities derive from continuing operations.

12

Lifebridge Asend

Comparative Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the year ended 31 August 2021

Donations and legacies
Charitable activities
Investments
Other income
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
(Net expenditure)/net income
Transfers between funds
Net movement in funds
Total funds brought forward
Total funds carried forward		 Unrestricted Restricted 2021 Total 2020 Total
£
£
£
£
890
-
890
4,716
77,082
662,874
739,956
687,296
-
-
-
20
-
-
-
54
77,972
662,874
740,846
692,086
16
142
158
39
112,487
614,780
727,267
676,501
112,503
614,922
727,425
676,540
(34,531)
47,952
13,421
15,546
19,287
(19,287)
-
-
(15,244)
28,665
13,421
15,546
30,831
132,486
163,317
147,771
15,587
161,151
176,738
163,317

The statement of financial activities includes all gains and losses recognised in the year.

All activities derive from continuing operations.

13

Lifebridge Asend Statement of Financial Position as at 31 August 2022

Notes
Fixed assets
Tangible assets
15
Current assets
Debtors
16
Cash at bank and in hand
Creditors: amounts falling due
within one year
17
Net current assets
Net assets
Funds
Unrestricted funds
General funds
21
Restricted funds
21
Total funds		 2022
£
91,299
24,164
457,023
481,187
(360,235)
120,952
212,251
57,778
154,473
212,251		 17,022
307,538
324,560
(175,551)		 2021
£
27,729
149,009
176,738
15,587
161,151
176,738

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

The trustees are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The trustees have acknowledged on the balance sheet as at 31 August 2022 their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

Gary Johnson Trustee Approved by the board on 24 May 2023

14

Lifebridge Asend Statement of Cash Flows for the year ended 31 August 2022

Notes
Operating activities
Surplus for the financial year
Adjustments for:
Depreciation
15
Increase in debtors
16
Increase/(decrease) in creditors
17
Cash generated by/(used in) operating activities
Investing activities
Payments to acquire tangible fixed assets
15
Cash used in investing activities
Net cash generated/(used)
Cash generated by/(used in) operating activities
Cash used in investing activities
Net cash generated/(used)
Cash and cash equivalents at 1 September 2021
Cash and cash equivalents at 31 August 2022
Cash and cash equivalents comprise:
Cash at bank		 2022
£
35,513
22,779
(7,142)
184,684
235,834
235,834
(86,349)
(86,349)
235,834
(86,349)
149,485
307,538
457,023
457,023		 2021
£
13,421
13,646
(11,206)
(24,942)
(9,081)
(9,081)
(21,968)
(21,968)
(9,081)
(21,968)
(31,049)
338,587
307,538
307,538

15

Lifebridge Asend Notes to the Accounts for the year ended 31 August 2022

1 Summary of significant accounting policies

Basis of preparation

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received, and the amount can be measured reliably and is not deferred.

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably, and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material.

Income received in advance of the provision of specified services it is deferred until the criteria for income recognition is met.

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.

Allocation and apportionment of costs

Direct costs that are specifically related to an activity are allocated to that activity. Shared direct costs and support costs are apportioned between activities.

The basis for apportionment, which is consistently applied, and proportionate to the circumstances, is based on numbers of young people on the different pathways and also by proportional to income.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

16

Lifebridge Asend Notes to the Accounts for the year ended 31 August 2022

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Individual items over £100 are treated as capital for the purposes of these accounts. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Plant and machinery over 5 years Fixtures and equipment over 4 years Motor vehicles over 3 years

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Leased assets

A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

Legal status of the charity

The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per trustee of the charity.

2 Critical accounting estimates and judgements

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Net income/ (expenditure)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation of owned fixed assets
Operating lease rentals - plant and machinery
Independent examiners' remuneration for independent examination services
Other accountancy services		 2022
£
22,779
1,292
725
13,631		 2021
£
13,646
-
725
13,619

17

Lifebridge Asend Notes to the Accounts

for the year ended 31 August 2022

4
Donations and legacies
Donations
5
Charitable activities
Grants
Lifebridge Plus
Grants received, included in the above, are a
Bolton Metropolitan Borough Council
Education and Skills Fund Agency
Department for Education
6
Charitable activities - by activity
Income
Lifebridge Plus
Grants
Grants
7
Other income
Other income
8
Raising funds
Hospitality		 Unrestricted
Restricted
£
£
1,242
-
1,242
-
Unrestricted
Restricted
£
£
-
667,405
106,490
-
106,490
667,405
s follows:
Activity
Lifebridge Plus
Independence Pathway
Employability Pathway
Unrestricted
Restricted
£
£
255
-
255
-
Unrestricted
Restricted
£
£
9
76
9
76		 Total 2022
£
1,242
1,242
Total 2022
£
667,405
106,490
773,895
Total 2022
£
237,060
402,130
28,215
667,405
2022
£
106,490
324,167
343,238
773,895
2022
£
255
255
2022
£
85
85		 2021
£
890
890
2021
£
662,874
77,082
739,956
2021
£
227,604
406,709
28,561
662,874
2021
£
77,082
321,967
340,907
739,956
2021
£
-
-
2021
£
158
158

18

Lifebridge Asend Notes to the Accounts

for the year ended 31 August 2022

9
Charitable activities costs
Accountancy
Bank charges
Cleaning
Consulting
Depreciation
Educational expenditure
Equipment expensed
Hire of equipment
Hygiene/ personal care
Insurance
IT software and consumables
Legal expenses
Lifebridge Plus costs
Light and heat
Management fees
Other expenses
Printing, postage and stationery
Rates
Rent
Repairs and maintenance
Staff costs
Staff training
Subscriptions
Telephone and internet
Travel and subsistence
10
Charitable activities costs - by activity
Lifebridge Plus
Independence Pathway
Employability Pathway
11
Support costs
Lifebridge Plus
Independence Pathway
Employability Pathway		 Unrestricted
£
1,436
11
723
-
22,779
-
239
129
-
231
-
291
6,030
820
2,700
49
564
1,260
-
575
95,915
32
-
113
438
134,335
Direct costs
£
115,082
276,273
292,907
684,262
Premises costs
£
2,886
12,567
13,392
28,845		 Restricted
£
12,920
101
6,508
1,000
-
7,168
2,152
1,163
-
2,072
757
2,623
-
7,376
24,300
949
5,068
11,336
-
5,175
504,456
283
5,099
1,017
3,936
605,459
Support costs
(see note 11)
£
5,479
24,232
25,821
55,532
Admin costs
(including
admin staff)
£
866
4,140
4,411
9,417		 2022
£
14,356
112
7,231
1,000
22,779
7,168
2,391
1,292
-
2,303
757
2,914
6,030
8,196
27,000
998
5,632
12,596
-
5,750
600,371
315
5,099
1,130
4,374
739,794
Total 2022
£
120,561
300,505
318,728
739,794
Governance
£
1,727
7,525
8,018
17,270		 2021
£
14,344
123
9,707
400
13,646
3,390
661
-
29
1,572
891
6,970
6,481
11,303
27,000
396
7,252
9,414
3,449
6,875
595,362
838
4,670
1,004
1,490
727,267
Total 2021
£
103,516
302,810
320,941
727,267
Total 2022
£
5,479
24,232
25,821
55,532

12 Trustees' remuneration and benefits

There were no trustees' remuneration or other benefits for the year ended 31 August 2022 (2021 : nil).

Trustees' expenses

No trustees' were paid expenses for the year ended 31 August 2022 (2021 : nil).

19

Lifebridge Asend Notes to the Accounts

for the year ended 31 August 2022

13
Staff costs
Wages and salaries		 Unrestricted
£
95,915
95,915		 Restricted
£
504,456
504,456		 Total 2022
£
600,371
600,371		 Total 2021
£
595,362
595,362

Seconded and third party staff

The above staff are seconded from Rumworth School and as such are not directly employed by the charity.

14 Government grants

Income from government grants comprises of grants made by local authorities to fund projects in line with the charity's objectives. See 'income from charitable activities' for details of these funds and any restrictions over their use.

15 Tangible fixed assets

Cost or valuation
At 1 September 2021
Additions
Disposals
At 31 August 2022
Depreciation
At 1 September 2021
Charge for the year
On disposals
At 31 August 2022
Carrying amount
At 31 August 2022
At 31 August 2021
16
Debtors
Trade debtors
Prepayments
Accrued income
17
Creditors: amounts falling due within one
Trade creditors
Accruals
Deferred income		 Motor Vehicles
At cost
£
37,782
-
-
37,782
18,035
9,005
-
27,040
10,742
19,747
year		 Plant and
machinery
At cost
£
20,400
76,772
(6,331)
90,841
14,625
10,310
(6,331)
18,604
72,237
5,775		 Fixtures and
equipment
At cost
£
6,064
9,577
(2,825)
12,816
3,857
3,464
(2,825)
4,496
8,320
2,207
2022
£
12,325
4,577
7,262
24,164
2022
£
27,680
278,649
53,906
360,235		 Total
£
64,246
86,349
(9,156)
141,439
36,517
22,779
(9,156)
50,140
91,299
27,729
2021
£
11,990
5,032
-
17,022
2021
£
108,736
12,725
54,090
175,551

20

Lifebridge Asend Notes to the Accounts for the year ended 31 August 2022

18 Movement in deferred income

Income is deferred based on the service delivery of projects.

Education and Skills Fund Agency
Bolton Metropolitan Borough Council
19
Movement in deferred income - prior year
Education and Skills Fund Agency
Bolton Metropolitan Borough Council
20
Analysis of net assets between funds
Fixed assets
Current assets
Current liabilities
21
Movement in total funds
Unrestricted funds
General fund
Total unrestricted funds
Restricted funds
Bolton Metropolitan Borough Council
Education and Skills Fund Agency
Department for Education
Total restricted funds
Total funds
The movement in deferred income is below:		 2021
£
51,904
2,186
54,090
2020
£
53,475
-
53,475
Unrestricted
£
91,299
11,662
(45,183)
57,778
At 1 September
2021
£
15,587
15,587
40,438
80,380
40,333
161,151
176,738		 Released
£
(51,904)
(2,186)
(54,090)
Released
£
(53,475)
-
(53,475)
Restricted
£
-
469,525
(315,052)
154,473
Net movement
in funds
£
(26,357)
(26,357)
19,069
14,586
28,215
61,870
35,513		 Deferred
£
53,908
-
53,908
Deferred
£
51,904
2,186
54,090
2022
£
91,299
481,187
(360,235)
212,251
Transfers
between funds
£
68,548
68,548
-
-
(68,548)
(68,548)
-		 2022
£
53,908
-
53,908
2021
£
51,904
2,186
54,090
2021
£
27,729
324,560
(175,551)
176,738
At 31 August
2022
£
57,778
57,778
59,507
94,966
-
154,473
212,251

22 Purpose of funds

Unrestricted funds

Bolton Metropolitan Borough Council Education and Skills Fund Agency Department for Education

These funds are held for meeting the objectives of the charity and to provide reserves for future activities. Subject to charity legislation, they are free from all restrictions on their use.

Educational funding. Educational funding.

Capital expenditure such as buildings, vehicles or equipment.

21

Lifebridge Asend Notes to the Accounts for the year ended 31 August 2022

23
Net movement in funds
General fund
Total unrestricted funds
Bolton Metropolitan Borough Council
Education and Skills Fund Agency
Department for Education
Total restricted funds
Total funds
24
Comparative movement in total funds
Unrestricted funds
General fund
Total unrestricted funds
Restricted funds
Bolton Metropolitan Borough Council
Education and Skills Fund Agency
Department for Education
Total restricted funds
Total funds
25
Comparative net movement in funds
Unrestricted funds
General fund
Bolton Metropolitan Borough Council
Education and Skills Fund Agency
Department for Education
Total funds
26
Transfers between funds
From fund
Department for Education		 At 1 September
2020
£
30,831
30,831
34,204
67,223
31,059
132,486
163,317
To fund
Unrestricted		 Incoming
resources
Resources
expensed
Movement in
funds
£
£
£
107,987
(134,344)
(26,357)
107,987
(134,344)
(26,357)
237,060
(217,991)
19,069
402,130
(387,544)
14,586
28,215
-
28,215
667,405
(605,535)
61,870
775,392
(739,879)
35,513
Net movement
in funds
Transfers
between funds
At 31 August
2021
£
£
£
(34,531)
19,287
15,587
(34,531)
19,287
15,587
6,234
-
40,438
13,157
-
80,380
28,561
(19,287)
40,333
47,952
(19,287)
161,151
13,421
-
176,738
Incoming
resources
Resources
expensed
Movement in
funds
£
£
£
77,972
(112,503)
(34,531)
77,972
(112,503)
(34,531)
227,604
(221,370)
6,234
406,709
(393,552)
13,157
28,561
-
28,561
662,874
(614,922)
47,952
740,846
(727,425)
13,421
Reason
Amount £
68,548
Purchase of fixed assets with restricted
funds, that no longer have any restriction
over their use

68,548

22

Lifebridge Asend Notes to the Accounts for the year ended 31 August 2022

27 Other financial commitments

Total future minimum lease payments under non-cancellable operating leases:

Falling due:
within one year
within two to five years		 Land and
buildings
2022
£
-
-
-		 Land and
buildings
2021
£
-
-
-		 Other
2022
£
1,176
1,176
2,352		 Other
2021
£
-
-
-

28 Related party transactions

The following Trustees are employed by Rumworth School: Gary Johnson (Head) and Caroline Dawson (Assistant Head). Susan Banister (Trustee) is Chair of Governors for Rumworth School.

Rumworth School and Lifebridge ASEND work closely together to enable both organisations to meet the requirements of Ofsted and maximise the outcomes of young people. Staff employed by Rumworth School are seconded to Lifebridge ASEND and their salary costs are recharged. A management fee is also charged for the provision of this service, which includes the payroll service, HR advice, support and administration, recruitment, occupational health and exam administration services.

Amount recharged for staff costs 600,371 595,362
Management fee 27,000 27,000
Other charges 902 660
Outstanding balance at reporting date 275,583 96,761

29 Presentation currency

The financial statements are presented in Sterling.

30 Legal form of entity and country of incorporation

Lifebridge Asend is a charitable company limited by guarantee and incorporated in England.

31 Principal place of operation

The address of the charity's principal place of operation and registered office is:

Rumworth School Armadale Road Ladybridge Bolton BL3 4TP

23

Lifebridge Asend Detailed Statement of Financial Activities for the year ended 31 August 2022

This schedule does not form part of the statutory accounts

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Charitable activities
Grants
Lifebridge Plus
Other income
Other income
Total income
EXPENDITURE
Raising funds
Hospitality
Charitable activities costs
Accountancy
Bank charges
Cleaning
Consulting
Depreciation
Educational expenditure
Equipment expensed
Hire of equipment
Hygiene/ personal care
Insurance
IT software and consumables
Legal expenses
Lifebridge Plus costs
Light and heat
Management fees
Other expenses
Printing, postage and stationery
Rates
Rent
Repairs and maintenance
Staff costs
Staff training
Subscriptions
Telephone and internet
Travel and subsistence
Total expenditure
(Net expenditure)/net income		 Unrestricted
£
1,242
-
106,490
106,490
255
107,987
9
1,436
11
723
-
22,779
-
239
129
-
231
-
291
6,030
820
2,700
49
564
1,260
-
575
95,915
32
-
113
438
134,335
134,344
(26,357)		 Restricted
£
-
667,405
-
667,405
-
667,405
76
12,920
101
6,508
1,000
-
7,168
2,152
1,163
-
2,072
757
2,623
-
7,376
24,300
949
5,068
11,336
-
5,175
504,456
283
5,099
1,017
3,936
605,459
605,535
61,870		 Total 2022
£
1,242
667,405
106,490
773,895
255
775,392
85
14,356
112
7,231
1,000
22,779
7,168
2,391
1,292
-
2,303
757
2,914
6,030
8,196
27,000
998
5,632
12,596
-
5,750
600,371
315
5,099
1,130
4,374
739,794
739,879
35,513		 Total 2021
£
890
662,874
77,082
739,956
-
740,846
158
14,344
123
9,707
400
13,646
3,390
661
-
29
1,572
891
6,970
6,481
11,303
27,000
396
7,252
9,414
3,449
6,875
595,362
838
4,670
1,004
1,490
727,267
727,425
13,421

24