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← Lifebridge Asend

2024-08-31-accounts

Registered company number 09687513

Registered charity number 1172089

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

31 August 2024

Lifebridge Asend Report and accounts Contents

Page
Reference and administrative details 1
Trustees' report 2
Independent examiners' report 12
Statement of financial activities 13
Comparative statement of financial activities 14
Statement of financial position 15
Statement of cash flows 16
Notes to the financial statements 17

Lifebridge Asend Reference and Administrative Details

Trustees

Caroline Dawson Gary Johnson Hannah Lane Jennifer Dunne (appointed 9 May 2024)

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

Lifebridge Asend Registered number: 09687513 Trustees' Report

The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report and financial statements of the charity for the year ended 31 August 2024.

The trustees have adopted the provisions of 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).

Trustees' responsibilities

The trustees, who are also the directors for the purposes of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company and charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Disclosure of information to independent examiner

Each person who was a Trustee at the time this report was approved confirms that:

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

2

Trustees’ Annual Report for the period 1[st] September 2023 to 31[st] August 2024

From Period start date: 1[st] September 2023 To Period end date: 31[st] August 2024

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
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 at LifeBridge Plus. Our priority
is to support young people with SEND to prepare
themselves for adulthood, whilst working towards
becoming more independent and ultimately gaining
employment where possible. 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, policies,
practices and procedures undertaken by LifeBridge
ASEND.

3

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:
●Further to the Ofsted grading of ‘Good’ overall with
‘Outstanding’ Behaviours and Attitudes at the full
Ofsted Inspection completed in June 2023, the
provision continues to provide tailored education and
wellbeing support for our young people which meets
individual Education and Health Care Plan (EHCP)
targets.
●We have continued to utilise DfE capital investment
to improve the Susan Isaacs premises as our long-
term home to create an environment which is
conducive to learning. This included carrying out
external repairs to the walls of the building to future
proof against water ingress and remedial work to the
roof. We also re-modelled the internal gallery area to
create a space more conducive to enhancing the
socialisation skills of the young people who attend.
●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.

4

● On the employability pathway, learners develop the skills that they need to progress into meaningful employment within the local community. A number of our young people undertake volunteering roles at charity shops, allotments, care homes and voluntary run cafes to make a contribution to society and feel a sense of self-worth and value. ● The independence curriculum is relevant to learners who need further support to develop the skills they need to increase their independence in their daily lives. We continue to seek opportunities for learners on the independence pathway in either internal or external work placements where appropriate. ● We have strengthened the staff team further with tutors and support staff who have the appropriate skill set to 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:
37 young adults attended a full-time educational
programme during the academic year.
Learners achieved a range of accreditation including
Functional Skills Maths & English (Entry Level 1 to Level
2), BTEC Work Skills and NCFE Awards.
The delivery of the Duke of Edinburgh Award continues
to be successful with learners having the opportunity to
complete either the Bronze or Silver Award or work
towards the Gold Award.
Further to discussions with Bolton Local Authority, DFN
Project Search and a local Asda store, we explored the
possibility of commencing supported internships for our
young people to increase chances of future sustainable
employment. Following an application process and skills
assessment, eight of our young people were offered an
Asda supported internship due to commence in
September 2024.

5

Leaders are ambitious for learners who attend LifeBridge
and our priority is to support young adults with SEND to
prepare themselves for adulthood, work towards
becoming more independent and where possible gain
employment. 100% of the 14 leavers in July 2024
transitioned to a positive destination. All of the 9 leavers
on the employability pathway, transitioned into either
voluntary or paid employment.
Performance of fundraising
activities against objectives
set		 Para 1.41 We continue to plan fundraising events to raise
additional funds to enhance our provision.
A sponsored ‘Santa Shuffle’ took place in December
2023 and students raised £90.00 in total. This money
was then used towards a college lunch and festivities for
students so that they could socialise and dine together.
Investment performance
against objectives		 Para 1.41 LifeBridge ASEND does not make any investments.
Other We received a donation of four family season tickets
from BWFC, which enabled our families to attend with
their young people and enjoy a sporting football event on
a regular basis.
Manchester football museum offered LifeBridge Plus an
opportunity to attend the museum free of charge which
was very well received.
Warburtons provide a weekly supply of bakery products
free of charge which enables our young people to have
a good start to the day with a free breakfast on arrival or
sandwiches using bread supplied.
Carrs Pasties continue to supply free of charge pasties
through their donations scheme. This has enabled us to
provide hot meals for our young people.

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

6

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
Susan Isaacs premises. We anticipate spending a
significant amount of capital in the academic year 2024-
2025 on the re-roofing of the building and the
procurement of two new boilers, which are requirements
of the building lease.
Amount of reserves held Para 1.22 LifeBridge ASEND held reserves of £316,437 at the
end of this year (2023: £261,992), of which £205,584
was restricted (2023: £191,820).
Reasons for holding zero
reserves		 Para 1.22 Not applicable
Details of fund materially in
deficit		 Para 1.24 Not applicable
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 principal Para 1.46 risks facing the charity Other

Structure, Governance and Management

Policies and procedures
adopted for the induction and
training of trustees		 Para 1.51
The charity’s organisational
structure and any wider		 Para 1.51

7

network with which the charity works Relationship with any related Para 1.51 parties Other

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:

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

8

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
Hannah Lane Whole year Hannah Lane
Caroline Dawson Whole year Caroline Dawson
Jennifer Dunne From 9 May 2024
onwards		 Jennifer Dunne

*New trustees can be appointed on the agreement of ¾ of the existing trustees.

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

Director name

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

9

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

10

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 28thMarch 2025

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

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

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

11

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 2024 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

Shaw House for and on behalf of 1 Shaw Street S.E.A Accountancy Limited Ashton-under-Lyne Independent examiner Lancashire 28 March 2025 OL6 6QJ

12

Lifebridge Asend

Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the year ended 31 August 2024

Notes Unrestricted Restricted 2024 Total
£
£
£
Donations and legacies
4
968
-
968
Charitable activities
5
196,533
777,859
974,392
Other income
7
754
-
754
Total income
198,255
777,859
976,114
Expenditure on:
Raising funds
8
28
109
137
Charitable activities
9
208,394
713,138
921,532
Total expenditure
208,422
713,247
921,669
(Net expenditure)/net income
(10,167)
64,612
54,445
Transfers between funds
26
50,848
(50,848)
-
Net movement in funds
40,681
13,764
54,445
Total funds brought forward
21
70,172
191,820
261,992
Total funds carried forward
110,853
205,584
316,437		 2023 Total
£
1,788
853,312
638
855,738
498
805,499
805,997
49,741
-
49,741
212,251
261,992

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

All activities derive from continuing operations.

13

Lifebridge Asend

Comparative Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the year ended 31 August 2023

Donations and legacies
Charitable activities
Other income
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net income
Transfers between funds
Net movement in funds
Total funds brought forward
Total funds carried forward		 Unrestricted Restricted 2023 Total 2022 Total
£
£
£
£
1,788
-
1,788
1,242
153,121
700,191
853,312
773,895
638
-
638
255
155,547
700,191
855,738
775,392
50
448
498
85
149,834
655,665
805,499
739,794
149,884
656,113
805,997
739,879
5,663
44,078
49,741
35,513
6,731
(6,731)
-
-
12,394
37,347
49,741
35,513
57,778
154,473
212,251
176,738
70,172
191,820
261,992
212,251

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

All activities derive from continuing operations.

14

Lifebridge Asend Statement of Financial Position as at 31 August 2024

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		 2024
£
128,592
15,680
392,859
408,539
(220,694)
187,845
316,437
110,853
205,584
316,437		 25,847
298,618
324,465
(151,219)		 2023
£
88,746
173,246
261,992
70,172
191,820
261,992

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 2024 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 28 March 2025

15

Lifebridge Asend Statement of Cash Flows for the year ended 31 August 2024

Notes
Operating activities
Surplus for the financial year
Adjustments for:
Depreciation
15
Decrease/(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 2023
Cash and cash equivalents at 31 August 2024
Cash and cash equivalents comprise:
Cash at bank		 2024
£
54,445
43,163
10,167
69,475
177,250
177,250
(83,009)
(83,009)
177,250
(83,009)
94,241
298,618
392,859
392,859		 2023
£
49,741
30,650
(1,683)
(209,016)
(130,308)
(130,308)
(28,097)
(28,097)
(130,308)
(28,097)
(158,405)
457,023
298,618
298,618

16

Lifebridge Asend Notes to the Accounts for the year ended 31 August 2024

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.

17

Lifebridge Asend Notes to the Accounts for the year ended 31 August 2024

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Individual items over £250 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		 2024
£
43,163
1,040
822
13,793		 2023
£
30,650
1,239
798
13,219

18

Lifebridge Asend Notes to the Accounts

for the year ended 31 August 2024

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
£
£
968
-
968
-
Unrestricted
Restricted
£
£
-
777,859
196,533
-
196,533
777,859
s follows:
Activity
Lifebridge Plus
Independence Pathway
Employability Pathway
Unrestricted
Restricted
£
£
754
-
754
-
Unrestricted
Restricted
£
£
28
109
28
109		 Total 2024
£
968
968
Total 2024
£
777,859
196,533
974,392
Total 2024
£
276,810
469,986
31,063
777,859
2024
£
196,533
233,358
544,501
974,392
2024
£
754
754
2024
£
137
137		 2023
£
1,788
1,788
2023
£
700,191
153,121
853,312
2023
£
241,589
416,606
41,996
700,191
2023
£
153,121
341,128
359,063
853,312
2023
£
638
638
2023
£
498
498

19

Lifebridge Asend Notes to the Accounts for the year ended 31 August 2024

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
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
£
2,923
21
408
-
43,163
-
249
208
32
1,096
-
290
6,428
3,987
6,500
570
1,144
563
3,081
133,213
513
-
158
3,847
208,394
Direct costs
£
176,981
198,937
462,054
837,972
Premises costs
£
9,135
10,050
26,494
45,679		 Restricted
£
11,692
81
1,631
2,279
-
12,751
2,237
832
130
4,384
12,828
1,158
-
15,947
26,000
2,330
4,573
2,255
12,327
591,705
1,541
5,377
628
452
713,138
Support costs
(see note 11)
£
14,146
19,409
50,005
83,560
Admin costs
(including
admin staff)
£
1,799
5,825
14,194
21,818		 2024
£
14,615
102
2,039
2,279
43,163
12,751
2,486
1,040
162
5,480
12,828
1,448
6,428
19,934
32,500
2,900
5,717
2,818
15,408
724,918
2,054
5,377
786
4,299
921,532
Total 2024
£
191,127
218,346
512,059
921,532
Governance
£
3,212
3,534
9,317
16,063		 2023
£
14,017
108
1,970
3,173
30,650
7,918
1,598
1,239
9
2,251
1,537
853
5,606
16,704
27,000
2,786
6,374
2,613
34,719
631,602
2,262
4,946
767
4,797
805,499
Total 2023
£
129,781
330,288
345,430
805,499
Total 2024
£
14,146
19,409
50,005
83,560

12 Trustees' remuneration and benefits

There were no trustees' remuneration or other benefits for the year ended 31 August 2024 (2023 : nil).

Trustees' expenses

No trustees' were paid expenses for the year ended 31 August 2024 (2023 : nil).

20

Lifebridge Asend Notes to the Accounts

for the year ended 31 August 2024

13
Staff costs
Wages and salaries		 Unrestricted
£
133,213
133,213		 Restricted
£
591,705
591,705		 Total 2024
£
724,918
724,918		 Total 2023
£
631,602
631,602

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 2023
Additions
Disposals
At 31 August 2024
Depreciation
At 1 September 2023
Charge for the year
On disposals
At 31 August 2024
Carrying amount
At 31 August 2024
At 31 August 2023
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
33,469
4,313
-
37,782
-
4,313
year		 Plant and
machinery
At cost
£
97,452
76,665
(12,544)
161,573
36,375
29,377
(12,544)
53,208
108,365
61,077		 Fixtures and
equipment
At cost
£
32,219
6,344
-
38,563
8,863
9,473
-
18,336
20,227
23,356
2024
£
7,326
7,058
1,296
15,680
2024
£
120,537
54,499
45,658
220,694		 Total
£
167,453
83,009
(12,544)
237,918
78,707
43,163
(12,544)
109,326
128,592
88,746
2023
£
5,950
19,897
-
25,847
2023
£
23,847
81,110
46,262
151,219

21

Lifebridge Asend Notes to the Accounts for the year ended 31 August 2024

18 Movement in deferred income

Income is deferred based on the service delivery of projects.

Education and Skills Fund Agency
19
Movement in deferred income - prior year
Education and Skills Fund Agency
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:		 2023
£
46,262
46,262
2022
£
53,908
53,908
Unrestricted
£
128,592
14,482
(32,221)
110,853
At 1 September
2023
£
70,172
70,172
70,470
101,565
19,785
191,820
261,992		 Released
£
(46,262)
(46,262)
Released
£
(53,908)
(53,908)
Restricted
£
-
394,057
(188,473)
205,584
Net movement
in funds
£
(10,167)
(10,167)
20,041
13,508
31,063
64,612
54,445		 Deferred
£
45,658
45,658
Deferred
£
46,262
46,262
2024
£
128,592
408,539
(220,694)
316,437
Transfers
between funds
£
50,848
50,848
-
-
(50,848)
(50,848)
-		 2024
£
45,658
45,658
2023
£
46,262
46,262
2023
£
88,746
324,465
(151,219)
261,992
At 31 August
2024
£
110,853
110,853
90,511
115,073
-
205,584
316,437

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.

22

Lifebridge Asend Notes to the Accounts for the year ended 31 August 2024

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
2022
£
57,778
57,778
59,507
94,966
-
154,473
212,251
To fund
Unrestricted		 Incoming
resources
Resources
expensed
Movement in
funds
£
£
£
198,255
(208,422)
(10,167)
198,255
(208,422)
(10,167)
276,810
(256,769)
20,041
469,986
(456,478)
13,508
31,063
-
31,063
777,859
(713,247)
64,612
976,114
(921,669)
54,445
Net movement
in funds
Transfers
between funds
At 31 August
2023
£
£
£
5,663
6,731
70,172
5,663
6,731
70,172
10,963
-
70,470
6,599
-
101,565
26,516
(6,731)
19,785
44,078
(6,731)
191,820
49,741
-
261,992
Incoming
resources
Resources
expensed
Movement in
funds
£
£
£
155,547
(149,884)
5,663
155,547
(149,884)
5,663
241,589
(230,626)
10,963
416,606
(410,007)
6,599
41,996
(15,480)
26,516
700,191
(656,113)
44,078
855,738
(805,997)
49,741
Reason
Amount £
50,848
50,848
Purchase of fixed assets with restricted
funds, that no longer have any restriction
over their use

23

Lifebridge Asend Notes to the Accounts for the year ended 31 August 2024

27 Other financial commitments

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

Falling due:
within one year		 Land and
buildings
2024
£
-
-		 Land and
buildings
2023
£
-
-		 Other
2024
£
-
-		 Other
2023
£
1,176
1,176

On 28 March 2024, the Charity signed a 28 year lease agreement with The Borough Council of Bolton for the Susan Isaacs building. The lease has a peppercorn rent (if demanded). The Charity is responsible for paying the insurance, rates and utilities on demand. During the year ended 31 August 2024, £nil rent was paid. The lease ends 27 March 2052.

28 Related party transactions

The following Trustees were employed by Rumworth School during the year: Jennifer Dunne (Head) and Caroline Dawson (Deputy Head). The Principal of Lifebridge Asend (Jane Haslam) is also employed by Rumworth School as Assistant Head.

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.

2024 2023
£ £
Amount recharged for staff costs 696,310 631,602
Management fee 32,500 27,000
Other charges 1,094 1,391
Outstanding balance at reporting date 164,974 83,536

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

24

Lifebridge Asend Detailed Statement of Financial Activities for the year ended 31 August 2024

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
Repairs and maintenance
Staff costs
Staff training
Subscriptions
Telephone and internet
Travel and subsistence
Total expenditure
(Net expenditure)/net income		 Unrestricted
£
968
-
196,533
196,533
754
198,255
28
2,923
21
408
-
43,163
-
249
208
32
1,096
-
290
6,428
3,987
6,500
570
1,144
563
3,081
133,213
513
-
158
3,847
208,394
208,422
(10,167)		 Restricted
£
-
777,859
-
777,859
-
777,859
109
11,692
81
1,631
2,279
-
12,751
2,237
832
130
4,384
12,828
1,158
-
15,947
26,000
2,330
4,573
2,255
12,327
591,705
1,541
5,377
628
452
713,138
713,247
64,612		 Total 2024
£
968
777,859
196,533
974,392
754
976,114
137
14,615
102
2,039
2,279
43,163
12,751
2,486
1,040
162
5,480
12,828
1,448
6,428
19,934
32,500
2,900
5,717
2,818
15,408
724,918
2,054
5,377
786
4,299
921,532
921,669
54,445		 Total 2023
£
1,788
700,191
153,121
853,312
638
855,738
498
14,017
108
1,970
3,173
30,650
7,918
1,598
1,239
9
2,251
1,537
853
5,606
16,704
27,000
2,786
6,374
2,613
34,719
631,602
2,262
4,946
767
4,797
805,499
805,997
49,741

25