##
|Trustees|||Stewart Harris|-|Chair||||
|---|---|---|---|---|---|---|---|---|
||||Jonathan
Gaunt||||||
||||Tina Sode||||||
||||Andrew Scott Lusk||||||
||||Mike Wojcik||||||
|Senior Management||Team|Renato Marques||Teixeira —Principal||||
||||Ricky Nunn -Assistant||||Principal||
||||Seny Begum —Office|||Manager||(Sept 2022 —April 2023)|
||||Amooti Binaisa|—Senior Administrator||||(April 2023 —August 2023)|
|Charity number|||1172227||||||
|Company|number||09615159||||||
|Registered|office||Phoenix Autism||Trust||||
||||2 Paton Close||||||
||||London||||||
||||E32QD||||||
|Auditors|||SKSAudit LLP||||||
||||3Sheen Road||||||
||||Richmond
Upon||Thames||||
||||TW9 1AD||||||
|Bankers|||Royal Bank of|Scotland|||||
||||Threadneedle|Street||Branch|||
||||London||||||
||||EC2R SLA||||||
|Website|||www. phoenixcollege.|||london|||
##
|||Page|
|---|---|---|
|Trustees'
report||1-6|
|Independent
auditor's|report|7-9|
|Statement offinancial|activities|10|
|Balance sheet|||
|Statement
ofcash flows||12|
|Notes to the financial|statements|13-22|
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|||
||||Notes|2023
6|2023
F|2023f|2022
6|
|Income from:||||||||
|Charitable
activities|||3|1,741,232|43,035|1,784,267|1,161,369|
|Investments|||4|9,316||9,316||
|Total income||||1,750,548|43,035|1,793,583|1,161,369|
|~ECht||||||||
|Raising funds|||5|25,711||25,711|59,399|
|Charitable
activities|||6|1,520,304||1,520,304|829,241|
|Total expenditure||||1,546,015||1,546,015|888,640|
|Net incoming|resources|before transfers||204,533|43,035|247,568|272,729|
|Gross transfers|between|funds||27,054|(27,054)|||
|Net income for the year/||||||||
|Net movement|in funds|||231,587|15,981|247,568|272,729|
|Fund balances|at 1 September 2022|||1,176,606||1,176,606|903,877|
|Fund balances|at 31August 2023|||1,408,193|15,981|1,424,174|1,176,606|
##
##
|||||2023||2022||
|---|---|---|---|---|---|---|---|
||||Notes|6||6||
|Fixed assets||||||||
|Tangible assets|||10||22,327|||
|Current assets||||||||
|Debtors||||17,711||1,020||
|Cash at bank and|in|hand||1,479,333||1,580,098||
|||||1,497,044||1,581,118||
|Creditors: amounts||falling due within|12|||||
|one year||||95,197||404,512||
|Net current assets|||||1,401,847||1,176,606|
|Total assets less|current liabilities||||1,424,174||1,176,606|
|Income funds||||||||
|Restricted funds|||||15,981|||
|Unrestricted
funds|||||1,408,193||1,176,606|
||||||1,424,174||1,176,606|
##
##
||||||2023|||2022||
|---|---|---|---|---|---|---|---|---|---|
|||||Notes|f||f|||
|Cash flows from operating|||activities|||||||
|Cash (absorbed|by)/generated||from|18||||||
|operations||||||(83,027)|||480,805|
|Investing
activities||||||||||
|Purchase oftangible fixed assets|||||(27,054)|||||
|Investment
income received|||||9,316|||||
|Net cash used|in investing||activities|||(17,738)||||
|Net cash used|in financing||activities|||||||
|Net (decrease)/increase
in||cash and||cash||||||
|equivalents||||||(100,765)|||480,805|
|Cash and cash|equivalents|at beginning||ofyear||1,580,098|||1,099,293|
|Cash and cash|equivalents||at end of|year||1,479,333|||1,580,098|
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||Unrestricted|Total|Total|
|---|---|---|---|
||Funds|2023|2022|
||8|6|F|
|London Borough ofTower Hamlets|947,197|947,197|654,948|
|Education
and Skills Funding Agency|632,668|632,668|363,645|
|London Borough of Hackney|189,277|189,277|102,625|
|Essex County Council|15,000|15,000||
|Other income|125|125||
|Kent County Council|||15,000|
|London Borough of Newham|||10,151|
|Southwark
Council|||15,000|
||1,784,267|1,784,267|1,161,369|
|Analysis
by fund||||
|Unrestricted
funds - general|1,741,232|1,741,232|1,161,369|
|Restricted
funds|43,035|43,035||
||1,784,267|1,784,267|1,161,369|
|For the year ended 31August 2022||||
|Unrestricted
funds - general|1,161,369||1,161,369|
||1,161,369||1,161,369|
|4|Investments||||
|---|---|---|---|---|
|||Unrestricted|Total|Total|
|||funds
6|2023
6|2022f|
||Interest Income|9,316|9,316||
|||9,316|9,316||
##
##
||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds
6|2023|2022f|
|Staff costs|||17,782|17,782|15,622|
|Share ofsupport costs (see note 7)|||7,716|7,716|41,856|
|Share ofgovernance||costs (see note 7)|213|213|1,921|
||||25,711|25,711|59,399|
|For the year|ended|31August 2022||||
|Fundreising|and publicity||59,399||59,399|
||||59,399||59,399|
##
|||Educational|Total|Total|
|---|---|---|---|---|
|||Operations|2023|2022|
|||6|6|F|
|Staff costs||971,388|971,388|591,785|
|Learning
resource costs||93,331|93,331|39,639|
|Student Meals costs||42,404|42,404|20,958|
|Membership
and Subscriptions||7,121|7,121|1,750|
|Transport
&Travel costs||17,548|17,548||
|||1,131,792|1,131,792|654,132|
|Share ofsupport costs (see note 7)||378,099|378,099|167,424|
|Share of governance|costs (see note 7)|10,413|10,413|7,685|
|||1,520,304|1,520,304|829,241|
|Analysis
by fund|||||
|Unrestricted
funds -|general|1,520,304|1,520,304|829,241|
|||1,520,304|1,520,304|829,241|
|Forthe year ended|31August 2022||||
|Unrestricted
funds -|general|829,241||829,241|
|||829,241||829,241|
##
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##
|||||||Support|Governance|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||costs|costs|2023|2022|
|||||||6|f|6|F|
||Staff costs|||||119,490|4,446|123,936|70,196|
||Depreciation|||||4,727||4,727||
||Management|and administration||||17,853||17,853|52,691|
||Insurance|||||7,399||7,399|5,295|
||Bank charges and interest|||||812||812|80|
||Training|||||15,286||15,286|515|
||Legal and professional||fees|||31,831||31,831|3,780|
||ITCosts|||||29,664||29,664|11,960|
||General expenses|||||6,352||6,352|3,669|
||Rent|||||130,000||130,000|65,000|
||Recruitment|Costs||||5,010||5,010||
||Repairs and|maintenance||||17,391||17,391||
||Auditor's fees||||||6,180|6,180|5,700|
|||||||385,815|10,626|396,441|218,886|
||Analysed
between|||||||||
||Fundraising|||||7,716|213|7,929|43,777|
||Charitable
activities|||||378,099|10,413|388,512|175,109|
|||||||385,815|10,626|396,441|218,886|
|8|Net Incomel|Expenditure||for|the year|||2023|2022|
||Depreciation|ofowned tangible|||fixed assets|||4,727||
||Auditor's
Remuneration|||||||||
||Audit Fees|||||||4,020|3,600|
||Non Audit Fees|||||||2,160|2,100|
|||||||||6,180|5,700|
##
##
##
|The average
monthly
|number
ofemployees
during the year|was:||
|---|---|---|---|
|||2023|2022|
|||Number|Number|
|Fundraising||0.20||
|Charitable
Activities||15.27||
|Administration
and Support||2.90||
|Governance||0.05||
|Total||18.42||
|Employment
costs||2023
f|2022f|
|Wages and salaries||609,719||
|National
Insurance costs||61,949||
|Other pension costs||119,920||
|Agency and seconded|staff costs|321,518||
|||1,113,106||
||||2023|2022|
|---|---|---|---|---|
||||Number|Number|
|f60,001|to|F70,000|||
|f70,001|to|f80,000|||
##
|10|Tangible fix|ed asset|s||||
|---|---|---|---|---|---|---|
|||||||ITequipment|
|||||||6|
||Cost||||||
||Additions|||||27,054|
||At 31August|2023||||27,054|
||Depreciation|and impairment|||||
||Depreciation|charged|in the year|||4,727|
||At 31August|2023||||4,727|
||Carrying
amount||||||
||At 31August|2023||||22,327|
|11|Debtors||||||
||||||2023|2022|
||Amounts
falling due||within one year:||6|6|
||Accrued income||||15,560||
||Prspayments||||2,151|1,020|
||||||17,711|1,020|
|12|Creditors: amounts||falling due within one year||||
||||||2023|2022|
|||||Notes|||
||Deferred income|||15||56,226|
||Trade creditors||||26,908|342,586|
||Taxation and|social security|||14,347||
||Other creditors||||20,451||
||Accruals||||33,491|5,700|
||||||95,197|404,512|
##
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##
||||||||Movement|in funds||
|---|---|---|---|---|---|---|---|---|---|
|||||||Balance at|Incoming|Transfers|Balance at|
||||||1|September 2022
E|resources
f|f|st August
202t3|
|Education|and|Skills|Funding|Agency|||43,035|(27,054)|15,981|
||||||||43,035|(27,054)|15,981|
|Analysis ofnet assets bet|ween funds|||||
|---|---|---|---|---|---|
||Unrestricted|Restricted|Total|Unrestricted|Total|
||funds|funds|2023|funds|2022|
||6||6|f.||
|Fund balances at 31August||||||
|2023 are represented
by:||||||
|Tangible assets|22,327||22,327|||
|Current assets/(liabilities)|1,385,866|15,981|1,401,847|1,176,606|1,176,606|
||1,408,193|15,981|1,424,174|1,176,606|1,176,606|
|Deferred income||||||
|||||2023|2022f|
|Deferred income is included|within:|||||
|Movements
in the year:||||||
|Deferred income at 1 September 2022||||56,226|39,603|
|Released from previous
periods||||(56,226)|(39,603)|
|Resources deferred
in the year|||||56,226|
|Deferred income at 31August 2023|||||56,226|
##
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##
|18|Cash generated
from|operations|operations||||2023f|2022|
|---|---|---|---|---|---|---|---|---|
||Surplus for the year||||||247,568|272,729|
||Adjustments
for:||||||||
||investment
income recognised||in statement||of financial|activities|(9,316)||
||Depreciation
and impairment
oftangible|||fixed assets|||4,727||
||Movements
in working|capital:|||||||
||(Increase)/decrease
in|debtors|||||(16,691)|8,180|
||(Decrease)/increase
in|creditors|||||(253,089)|183,273|
||(Decrease)/increase
in|deferred|income||||(56,226)|16,623|
||Cash (absorbed
by)/generated||from operations||||(83,027)|480,805|
|19|Related party transactions||||||||