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: - (1) which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 386 of the Companies Act 2006; and - to prepare accounts which accord with the accounting records, comply with the accounting requirement of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities (FRS102) have not been met; or - (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## 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