Charity reglstratlon number 1172227
Company registration numbèr09615459 (England and Wales
THE PHOENIX AUTISM TRUST
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

THE PHOENIX AUTISM TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Stewart Hatris- Chair
Jonathan Caunl
Tina Sode
Andrew Scott Lusk
Mike Wojcik
Gosia Dav￿On
Michael Samuels
Jujhar Singh Dusanj
(Appoinled as on 22 May 2024)
(Appoinled as on 22 May 2024)
(Appointed as on 22 May 2024)
Senlor Management Team Renato Marques Teixeira- Princ4pal
Ricky Nunn - Assistant Princjpal
Natasha Wood - Assistant Principal
Ambroen Shafiq - Office Manager
(from November 2023)
Amooli Binaisa- Senior Administrator (April 2023- November 2023)
Charity number
1172227
Company number
09615159
Registered offlce
Phoenix School
2 Paton Close
London
E32QD
Audltors
SKS Audit LLP
3 Sheen Road
Rithmond Upon Thames
IAD
Bankors
Royal Bank of Scotland
Threadneedle Street Branch
London
EC2R 8LA
Webslte
VN4W.phoenixcollege.london

THE PHOENIX AUTISM TRUST
CONTENTS
Page
Trustees. report
Independenl auditorfs report
Slalemenl of financial activities
10
Balance sheet
11
Slalement of cash flows
12
Notes to the financial slalements
13-22

THE PHOENIX AUTISM TRUST
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
The Trustees, who are also direclors of the chatily for Ihe purposes of Ihe Companies Act 2006, presenl Ihèir
report and accounts for the year ended 31 August 2024.
The accounts have been prepared in accordance with Ihe accounting policies sel out in note 1 to the accounls
and comply wilh the charitable company's Memorandum and Artides of Association, provisions of Charities Act
2011, the Companies Acl 2006 and "Accounting and Reporting by Charities.. Statemenl of Recommended
Practice applicable lo charities preparing their accounts in accordance with the Financial Reporling Standard
applicable in Ihe UK and Republic of Ireland (FRS 102) (effective 1 January 2019)"
Objectives and a¢tivities
Our community values opportunily and diversity, and we seek to reduce barriers and lo give everyone an equal
chance lo learn, work, and live free from the aclion. or fear, of racism, discrimination. or prejudice.
We operate mainly in East London, where we lun Phoenix College. a posl-19 educational provider serving th8
needs of young people from Tower Hamlets and surrounding boroughs with mainly wilh Autism and l or
language, communication or interaction difficulties. The charily's objecls are..
To advanc8 lh8 education of people with Aulism and/or language. communication or interaGlion difficulties,
including bul not exclusiv81y Ihose cu￿entlY or previousty attending or supported by Phoenix School, Tower
Hamlets. in particularby..
Dov81oping effeclive relationships belween the slaff, par8nls and olhers associaled wilh lh8 coll&ga and
relaf8d inslilulians,.
Engaging in aclivili8s or providing lèaching facilities an(Vor equipment which supports Ihe education of
people with Aulism and/orlaipgu8g8, communicalion or iiitéraclion difficulties.. and
D8v8loping broader life opportunities for peop18 wilh Autism and/or 18nguaga, communication or
inleraction dillicul¢ies by providing training, giiid8nc8 and support and improving Ih8ir li18 and woth skills
so they may WO￿ towanls a more independenl life.
This includes supporting post-16 education and other areas of activity.
Our volunteers
There were no volunteer5 during the year.

THE PHOENIX AUTISM TRUST
TRUSTEES. REPORT (CONTINUEDI(INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
Achievements and performance
Phoenlx College
The Trust was successful in ils application lo be listed on Ihe Secretary of Slate's Section 41 list as 8 Special
Posl 16 Inslilution (SPI) and subsequently was granted a contract for placement funding by the ESFA. The
partnership with New City College ceased at the end of July 2020.
The college moved lo its curreni premises al Phoenix Upper South in January 2021. The transition lo the current
premises was very successful and allowed sludenls to access more subjects linked lo cooking, enterprise,
horticulture. ICT and sports. These subjects are now very successful, leading students to work placemenls in all
the areas above, including p2rtr)ers such as IKEA, Marriotl's Hotel. Otlolen9hi, Tale Modem and Starbucks,
Regent's Park. among many others. Our currtculum focuses on the four areas of preparalion for adullhood..
Learning, F.ducalion or Employment., Independence: Health and Friendships and Relationships. Our curriculum is
ambitious and we aim for all sludenls to graduale from Phoenix College with clear outcomes in all those four
areas, especially employmenl. We expect all students lo graduate with a clear pathway towards supported
employmenl and volunteering. This academic year we had ten leavers and mosl of them gradualed with
employmenl or volunteering offers. One of them was offered a paid supported job at Ottolenghi before his
graduation.
Th8 Principal, who started al the ￿llege in September 2021, and the Assislanl Principals have been involved in
Ihe transition process for all leavers. liaising with Iheir respective parents and local aulhorilies. The Princlpal has
also reviewed the slaff slruclure, crealing Iwo Assislanl Principal roles. The new Assistant Principals slariéd in
the new roles in June 2023.
In June 2024, Phoenix College received a full inspection from OFSTED achieving very good feedback In all
areas. Quality of Educalion and Leadèrship and Management were rated as GOOD while Behaviour and
Alliludes and Personal Development were rated as OUTSTANDING.
Publ1¢ benefit ststement
In shaping our objeclives for the year and planning our activilies, Ihe Trustees have C￿nsidered the charity
Commission's guidance on public benefil. induding the guidance 'Public benefil.. running a charity, {PD2J. The
achievements and adivilies above demonstrate the public banefit arising Ihrough the charity's activities.
Going concern
After making appropriate enquiries. Ihe Trustees have a reasonable expeclation Ihal the Trusl has adequate
resources lo conlinue in operational exislence for the foreseeable future. For this reason, il continues lo adopt
the going concem basis in preparing the financial slatemenls. Further details regarding the adoption of the going
concern basis Can be found in the Statement ofAccounling Policies.
Flnanclal review
The Stalemenl of Financial Activilies showed a nel surplus of £44,122 {2023 - £247,568) for the year and
reserves sland al £1,468,296 {2Q23 - £1.424,174) as on 31 August 2024. The financial position al Ihe year
revealed by the Balance Sheet shows net C￿r￿n1 assets or working capital of £1,449,254 {2023 - £1,401,847).
The net book value of langible fixed assets held, all of which a￿ used directly for charitable purposes, amounled
10 £19,042 (2023- £22,327).
During the year ended 31 Augusl 2024, tolal expenditure of £1.815.166 (2023 - £1.546,015) was met by
recurrent education grant funding from the ESFA and from Local Authorities.
The Trust is holding balances as part of bls reserve policy and in anticipalion of the future development of
Phoenix College. especially Ihe search for new premises.

THE PHOENIX AUTISM TRUST
TRUSTEES. REPORT {CONTINUED){INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
Reserves pollcy
The charity's reserves policy is to maintain at least 6 monlhs of operating costs to ensure financial stability. The
charity has plans lo expand and move lo larger premises, which will require capital inveslmenl, and is building
reserves for this strategic aim. Reserve5 are reviewed annually and used only with board approval for strateglc
and emergency purposes.
The ESFA'S 'lagged leamer, funding model takes Ihe number of students from the pfevious year to allocate
funding in the following year. This approach often entails colleges not receiving full funding for addilional Students
unti5 the year after and the reserves will support this transitsonal gap in funding.
The remainder of reseNes are currently sel aside for the development and growth of Phoenix College and the
Trustees will review this on an ongoing basis.
Phoenix College moved into ils current premises in January 2021. Phoenix School continues lo grow and are
being asked by Towcr Hamlets lo increase Iheir role. One of the school's options would be lo expand the
accommodalion currently let to the Phoenix College. This school's need for expansion so imminently is
somewhat unexpecled. This has necessilated exploring alternative long-lerm solutions. including obtsining n8W
premises on a long term lease. ideally in the first instance within Ihe Borough.
The Phoenix Trustees are therefore aware of Ihe need lo increase reserves lo facililale any move, and lo review
the College's fees accordingly.
As of 31st Augusl 2024, financial stalemenls showed reserves of £1.468.296 (2023 - £1.424,1741 of whl¢h
£14,883 12023 - £15,981) were reslricled funds and £1,453,413 {2023 - £1.408.193) were unreslricled funds.
The unreslricted funds not designated or invested in tangible fixed assets held by the charlly are £1,434,371
(2023- £1,385.866}.
The Trustees consider that Ihe charity's reserves will enhance the services provided and provide financial
securily for the future.
Details of reserves are shown in notes 13 and 1410 the financial slatements.
Principal Funding Sources
The principal funding sources during the 23r24 year were education funding from the ESFA. Tower Hamlets Local
Authority, Hackney Local Aulhorily and Wallham Forest Counly Council.
Investment powers and policy
Under the Memorandum and Articles ofAssociation, the charity has the power to make any investment which Ihe
Trustees see fil. The Trustees have considered the mosl appropriale approach for investing funds and have
decided that 6 monlhs revenue should be placp.d in a fixed term high interesl account and the balance in a high
interest easy a￿sS account as a development fund. £500k deposited in a reserve account and £250k in a
liquidity account.
Future Plans and Developments
The Trust will over Ihe coming year be developing a long-lemi strategic plan.
The Trust is aclively seeking new properly for long-term lease. initially within the Borough of Tower Hamlets lo
facilitate the growih of its successful and much needed educalion and etnployabilily model.
The conlracl wilh the ESFA was renewed for another year and forty-four (44) pla￿S were coinmissioned for the
2023124 academic year from Tower Hamlets Local Authority, Wallham Forest County Council and Hackney Local
Aulhorily. Demand for pla￿S conlinues to be slfong and Ihe Trust expects that there will significani growth over
the next few years, which will be supported by ils resepie balarbces.
The Trust transferred staff from the employmenl by Phoenix School to the Phoenix Aulism Trust al the start of
September 2022. Phoenix Autism Trust is now Ihe sole employer of staff at Phoer)ix College.

THE PHOENIX AUTISM TRUST
TRUSTEES. REPORT (CONTINUED}(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
Project SEARCH
There were no students from Phoenix College enroifed into the Project SEARCH programme Ihis academic year.
Phoenix College and Phoenix School have been working logether on Ihe TUPE process for the Project SEARCH
team to join Phoenix College as employees from Seplember 2024.The main reasons for this change are the
increased proximity belween the staff structure, curriculum and oulcomes from Project SEARCH and the
Preparalion for Work and Life programme delivered by Phoenix College.
Phoenlx College- Preparatlon for Work and Life
The feedback from OFSTED reiterated the assessmenls eonducted by the SLT- senior leadership team, both in
the areas of success and areas for development. The inspectors were particularfy impressed with the outcomes
reached by the students which are massively above the nalional avcrago. In the UK, less Ihar) 6°A of people wilh
learning disabilities are accessing some type of employment, whereas Phoenix College has more than 500% of its
students graduating wlth offers of employment. The Trusl is still seeking lo develop facililies to enable it to deliver
Ils comprehensive curriculum, including vocational pathways to a wider range of learners. The curriculum leam
implemented an expansion of the opportunities for vocational courses, moving the CLJrriculum lowards a more
tailored pathway lo supported employment. There is also an increased focus on developing enterprise
opportunities for all students as we reach new parlners such as QMUL and Starbuck5. The College is also
growing the number of external partners for work placements. which led to a great success on the offer of paid
supported employment offers for graduates.
With the increased opportunilles for vocational pathways, we plan to enhance the profile of the team deliveTing
Ihose programmes. We have invested in recruiting instructors and subjecl leads Ihal will deliver courses for those
palhways, especially around ICT and Cooking. We have also delivered a Digital Skill course to all support staff,
including the agency job coa¢hes.
We increased students, access to work placements by creating the role of Assistsnl Principal - Careers and
growing the Careers Team by introducing the roles of Enterprise Lead, Horticulture Lead and Employment
Engagefflenl Officer. Having a full-lime Careers Team allowed us lo meet all Ihe Galsby Benchmarks, improve
our baseline process by introducing vocational profiles. and increase the amount of exleTnal work pla￿MentS
and paid supported employment opportunilies. Our next sleps are to detach the role of Careers Lead from the
Assistant Principal position lo in¢rease Iheir focus on Iransitions.
The College will look to develop its infraslruclure to meet the growing demand for post-19 places and ensure Ihal
it becomes sustainable in Ihe long term. Wo offered places lo 30 sludenls in September 2021, 40 students in
September 2022 and 40 sludenls in Seplember 2023. Our projection was lo increase this number bul the roll will
remain static for 2024 until our accommodation issues are resolved.
Structure, goveman¢e and management
Governlng document
The Phoenix Aulism Trust {Ihe word 'Limiled' bcing omilled by license from the Board of Trade) is a company
limiled by guarantee and not having a capital divided by shares.
The charity was incorporated on 29 May 201S. The Company was registered as a charity on 23 March 2017
under Registration Number 1172227 and company regislration number is 09615159.
Recruitment and appolntment of Trustees
As set out in the Articles of Association the chair of Ihe Tnjstees is nominated by Ihe other Trustees. The
Directors of the organisation are also the charity Twslees for the purposes of charity law.
The Board of TnJstees has power lo appoint addilional Truslees. and aims to expand ils membership, to bring in
additional skills and experience.
The Trustees have no beneficial interesl in the company other Ihan as members. The Trustees are also the
Directors of the company. All of Ihe Truslees are members of Ihe company and guarantee to contribute £1 in
evenl of winding up. The Board has the power lo appoint additional Directors.

THE PHOENIX AUTISM TRUST
TRUSTEES. REPORT {CONTINUED)(INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
Organisation
The Tiuslees of the charity aim lo meet every three monlhs as a Board. The Chaii also meets wilh the Principal
and Office Manager on a regular basis.
The charily is governed by the Board of Trustees. which sets Ihe overall framework. The Principal and Iheir staff
team are then d81egaled full responsibility for implementation within this framework.
Trustee induction and trainlng
The Trustees maintain a good working knowledge of charity and company law and best praclice by regular
reading of charity press articles and scruliny of Companies House, Charily Commission, other Government and
voluntary organisalion advisory websiles. New Trustees are given copies of the Memorandum and Articles of
Association and copies of previous year's minutes and allend an induction session given by an experienced
Tiuslee,
Related parties
Tho charity works closely with olher slmilar organisations as delailed in the a¢hievements and performance
section of the Truslees, Report.
After following a TUPE process to become a fulty independenl college. Phoenix ALJlism Trust agreed to follow the
same terms and ¢ondilions that employees previously had with Tower Hamlets Local Aulhorily. including ils pay
policy for staff. The charily will update the pay policy al the start of the new academic year 23124 when the new
staff slruclure is finalised.
Risk Management
The Trusteès have a risk management slrategy which comprises:
An annual review of the risks Ihe charity may face.
The establishment of systems and procedures to miligale those risks identified in the annual review., and
Implemenlalion of procedures designed lo minimise any potential impaci on Ihe charily should those
risks malerialise.

THE PHOENIXAUTISM TRUST
TRUSTEES. REPORT {CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
statement of Trustees. responslblllties
The Trustees, who are also the directors of The Phoenix Autism Trust for the purpose of company law, are
responsible for preparing the Truslees. Report and the accounts in accordan￿ with applicable law and United
Kingdom Accounting Standards (Uniled Kingdom Generally Accepted Accounting Practice) inc5uding Financial
Reporling Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"
Company Law requires th8 Trustees to prepare accounls for eath financial year which give a true and fair view of
the slate 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 Ihal year.
In preparing these acLounls. Ihe Trustees are required lo:
select suitable accounting policies and then apply Ihem consislenlly-
- obseNe the methods and prindples in the Charities SORP.,
make judgemenls and eslimales that are reasonable and prudent- and
prepare Ihe accounls on the going conceTn basis unless it is inappropriate to presume that the charilable
company will continue In operation.
The Trustees are responsible lor keeping adequate ac¢ounling records Ihal disclose wilh reasonable accuracy at
any lime the financial position of Ihe charitable company and enable them to ensure thal Ihe accounts comply
with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable ¢ompany
and hanca for taking reasonable steps for the prevention and delection of fraud and other irregularities.
The Trustees are responslble for maintenance ar)d inlegrity of the corporate and financial infomialion included on
the charitable company's website. Legislation in Ihe United Kingdom goveming Ihe preparation and
dissemination of financial stalemenls may differ from legislalion in other jurisdiclions.
In so far as the Trustees are aware..
there is no relevanl audit information of which Ihe charitable companvs auditors are unaware., and
the Tnjslees have laken all sleps that Ihey ought lo have taken to make themselves aware of any
relevant audit information and lo establish Ihal the auditors are aware of that infomialion.
This rp.port has been prepared in accordance with Ihe special provisions of Part 15 01 the Companies Acl 2006
relaling lo small companies.
The Trustees, report was approved by the Board of Trustees and signed on its behalf by:
S Harris
Chair
Dated.. 09 May 2025

THE PHOENIX AUTISM TRUST
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF THE PHOENIX AUTISM TRUST
Opinion
We have audited the financial statements ol The Phoenix Autism Trust (Ihe 'charilable company,) for the year ended
31 Augusl 2024 which comprise the slalement of financial aclivilies. the balance sheet, the statement of cash flows
and notes to the financial slalemenls, induding significant accounting policies. The financial reporling framework
that has been applied in their preparation is applicable law and United Kingdom Accounting Slandards, including
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland
(United Kingdom Generally Accepted Accounting Practice).
In our opinion, Ihe financial slalemenls..
give a true and fair view ol the stale of Ihe charilable companvs affairs as al 31 August 2024 and of ils
incoming resources and application of resources, including ils income and expendilure, for the year then
ended.,
have been properly prepared in accordance wilh Uniled Kingdom Generally Accepted Accounting Practice.,
including Finanaal Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland,; and.
have been prepared in accordance with the requirements of Ihe Companies Ad 2006.
Basis for opinion
We conducled our audit in accordanc£ with Inlernational Slandards on Auditing (UK> (ISAS (UK)) and applicable
law. Our responsibilities under those slandards are further described in the Auditorfs responsibilities for the audit of
the finan¢ial stalemenls section of our report. We are independent of the charilable company in accordance with the
ethical requirements that are relevant to our audit of Ihe financial slalemènts in the UK, including the FRC'S Elhical
Standard, and we have fulfilled our olher ethical responsibililies in accordance with these requirements. We b&liev8
that the audit evidence we have obtained is sufficienl and appropriate to provide a basis for our opinion,
Concluslons relating to going concern
We have nothing lo report in respect of the following mallers in relation lo which the ISAS (UK) require Lts to report
lo you where..
Ihe Iruslees, use of the going concern basis of accounting wi the preparalion of the financial slalemenls is
nol appropriate-, or
the Iruslees have nol disclosed in the financial statements any identified material uncertainties that may
casl significant doubl aboul the charilable company's ability lo continue to adopt Ihe going concern basis of
accounting for a pèriod of at least IWe￿e months from the dale when the financial slalemenls are
aulhorised for issue.
Other informatlon
The other infoTmalion comprises the infomation included in Ihc annual rcport other than the financial statements
and our audilo¢s report thereon. The Trustees are resporlsible lor the other information contained within the annual
report.
Our opinion on the financial slalemenls does not cover Ihe other infomialion and, except lo the extenl olhewise
explicitly staled in our report, we do not express any form of assurance conclusion thereon.
Our responsibility is lo read the olher information and. in doing so. consider whelher the olher information is
materially inconsislenl wilh the finanaal stalemenls or our knowledge oblained in Ihe course of the audit, or
otherwise appears lo be materialty misslated. If we identify such malerial incnnsislencies or apparent malerial
misstatements, we are required lo delemiine whelher this gives rise to a material misslatemenl in the financial
stalemenls themselves. If, based on the work we have performed, we cor)clude that there is a material
misslalemenl of this other information, we are required lo ieport Ihal fact.
We have nolhing lo report in this regard.

THE PHOENIX AUTISM TRUST
INDEPENDENT AUDITOR'S REPORT {CONTINUED)
TO THE MEMBERS OF THE PHOENIX AUTISM TRUST
Opinions on other matters prescribod by the Companles Act 2006
In our opinion, based on the work undertaken in the course of our audit..
the information given in the TTuslees' report for the financial year for which the financial slatamenls are
prepared, which includes the directors. report p￿pared for Ihe purposes of company law, is consistent with the
rinancial statemenls., and
the directors, report included within the Tiustees, report has been prepared in arxordance with applicable legal
requirements.
Matters on whtch we are required to report by exception
In the light of the knowledge and understanding of Ihe charitable company and its environment obtained in the
course of the audit, we have not idenlified material misstatements in the directors. report included within the
Trustees, report.
W6 have nothing to report in respect of Ihe following matters in relalion to which the Companies Acl 2006 requires
us lo report to you if, in our opinion..
adequate accounting records have nol been kepl. or returns adequale for our audit have not been received
from branches not visited by us,. or
the financial slalements are nol in agreement with the accounling records and returns., or
certain disclosures of truste8s' remuneration specified by law are not made,. or
we have not received all the information and explanations we require for our audit. or
the Truslees were not enlilled to prepare the financial slalemenls in accordance wilh the small companies
regime and lake advanlage of Ihe small companies, exemplions in preparing the TrLJStees' report and from Ihe
requirement to prepare a slrategic report.
Responsibilitles of Trustees
As explained more fvlly in the statement of Truslees, responsibililies. the Truslees, who are also the directors of the
charitable company for the purpose of company law, are responsible for the preparation of the financial statements
and for being satisfied Ihat Ihey give a Irue and fair view. and for such inlemal control as Ihe Trustees delermine is
necessary lo enable Ihe preparation of finanual statements that are free from material misslalemenl, whether due
lo fraud or error.
In preparing the finanaal stalements, the Trustees are responsible for assessing the charitable company's ability to
continue as a going concern, disclosing, as applicable, mallers related lo going concem and using the going
concern basis of accounting unless Ihe Truslees either intend to liquidate the ¢haritable company or to cease
operations, or have no realislic allernalive bul lo do so.
Auditor's responslbilities for thè audit of the financial statements
Our objectives are lo obtain ieasonable assurance aboul whether the financial slalernenls as a whole are free from
material misstalemenl, whelher due lo fraud or error. and lo issue an auditor's report that includes our opinion.
Reasonable assuran￿ is a high level of assurance bul is not a guarantee that an audit conducted in accordance
with ISAS (UK) will always delecl a material misstatement when it exists. Misslalements can arise from fraud or
error and are considered material if, individually or in Ihe aggregate. they could reasonably be expected lo influence
the economic decisions of users taken on Ihe basis of these financial stalemenls.
Irregularities, including fraud. are inslances of non-compliance with laws and regulations. We design procedures in
line wilh our responsibilities, outlined above, to detecl malerial misstalemenls in respecl of irregulatilies, including
fraud. The extent to which our procedures are capable of detecting irregularities, induding fraud is detailed below..
Discussions were held with. and enquiries made of. management and Ihose charged with governance wilh
a view to idenlifying those laws and regulations Ihat could be expected to have a material impact on the
rinancial slatemenls. During the engagement team briefing. the outcomes of these discussions 2nd
enquiries weie shared with Ihe leam, as well as consideralion as lo where and how fraud may occur in the
entily.

THE PHOENIX AUTISM TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF THE PHOENIXAUTISM TRUST
The followlng laws and iègulalions were idenlified as being of slgnificanco to th8 enlty-
Those laws and regulalions c￿nSIdered to have a direct effect on the finanGial slalements Include
UK finandal reporting slandards. Company Law. Charit￿5 Acl. Tax and Penslon$ leglslatlon. and
dislributabl8 profiis legislation.
11 5s considered Ihal there are no laws and regulations for whlch nonwcompliance may be
fundamental lo the opeiating aspocfs of the charity.
Audit procedures undertaken in response to Ihe potenlial risks relating to iffegularities (whlch Indudty fraud
and non-compllance with laws and regulations) comprfsed ofr Inqulrles of managemenl and Ih05e charged
wlih 9overnance as lo whetl)Br the charilablo company complies wllh such laws and regulallon5- ènqulries
wilh the same concemlng any aclual or polenllal lrtigallon or clairn&- inspection of re16vanl legal
rA)rrespondence' revlew of board mlnutes: tesllng the approprlaleness of entfles In the nomlnal lodger.
Incjudlng Journal enlrles: revletNlng transacllons around Ihe end ol Ihe reporting year; and th6 pèrfonnance
of analytkal procedure5 lo Idgnlity unexpected movements in account balances whlch may be indicallve of
fraud.
No Instances 01 rnalerlal non.compllancg were Identified. However. the likelihood of delectln9 irregul4riti08,
Induding fraud, 15 Ilmlled by Ihe Inherenl dilficulty in detecling Irregularllies, tho effeGlivftnÈss of the entity's
controls, and Ihe nalur8, liming and exlenl of Ihe audll procedur85 perlormed. Irrègularilies Ihal result from
ffaud mlghl be Inheren15y mole difficuft lo deted Ihan lffegularilies Ihat rosull from error. As explainèd
above. there Is an unavoldable risk thal material misslalemenls may not be detected. Èv6Th though Ihe audit
has beèn planned and perfomad In accordance vAlh ISAS (UK).
A lurther deFcriptlon of our fe$ponsibUltlo8 Is available on thè Flnanclal Reportlng CounGII's wpbsllè 81: htlps;11
YTrM.frc.org.ukJaudllofsresponslbilifios. Thi6 descflpllon fofms part ol our 8udllo¢s report.
Use of our rnport
Thls rèport is made solely lo Ihe ¢ompanls membgrs, a$ a body. In aco)rdancg with Chapler 3 of Part 16 of Ihe
Companias Acl 2006, Our audit work has been underlakèn so Ihal we mighl slate lo the ¢haritabl8 company's
members Ihose matters we are required to stale lo them In an auditorf5 reporl and for no olhor purpoyè, To Ihe
full8sl exlènt permitted by law, we do not accepl or assume respon51bility to anyone olher than th9 ch8rilable
ompany and Ihe charilable compan￿5 members as a body. lor our audit work, for thls ffjport, or for lh8 oplnlons we
have formed.
MEh8
arfAmlraly
(Senlor Statutory Audltor)
lor and on bohalfof SKS Audlt LLP
09 May 2025
ChartorgdA¢countsnts
3 Shèèn Road
Rlchffiond Upon Tham¢s
IW9 IAD

THE PHOENIXAUTISM TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2024
Unrestricted Restricted
funds
funds
Total
2024
Total
2023
Notss
Income from:
Charitable activities
Inve51menls
1,832,909
20,151
6.228
1,839,137
20,151
1,784,267
9,316
Total Income
1,853.060
6,228
1.859,288
1,793.583
Ex
enditure on:
Raising funds
Charitable activities
25,199
1,789,967
25,199
25,711
1,789,967 1,520,304
Total expenditure
1,815,166
1.815,166
1,546,015
Net incoming resources before transfers
37,894
6,228
44.122
247,568
Gross Iransfers be￿een funds
7,326
(7.326)
Net incomellexp8ndlture) for the yearl
Net movement in funds
45,220
(1,098)
44.122
247.568
Fund balances at 1 September 2023
1,408.193
15,981
1,424,174
1,176,606
Fund balanc88 at 31 August 2024
1.453,413
14.883 1,468,296
1,424,174
The slalemenl of financial adivilies includes all gains and losses recognised in the year,
All income and expenditure derive from ¢onlinuing activities.
The 51alement of financial activities a150 complies wilh the requiremenls for an income and expendilure account
undcr the Companies Act 2006.
The notes on pages 13 to 22 form part of Ihese financial statements.
10-

THE PHOENIX AUTISM TRUST
BALANCE SHEET
AS AT31 AUGUST 2024
2024
2023
Notes
Fixed assets
Tan9ible assets
10
19.042
22,327
Currant assets
Deblors
Cash al bank and in hand
11
312,255
1.198,399
17,711
1,479,333
1.510.654
1,497.044
Creditors: amounts falling due wlthln
one year
12
61.400
95,197
Nel current assets
1,449,254
1.401,847
Total assets less current liabilities
1,468,296
1,424,174
Income funds
Restricted funds
Unrestficled funds
14,883
1,453,413
15,981
1,408,193
1,468.296
1,424,174
The Trustees have prepared financial statements in accordance wlh Section 398 of Ihe Companies Act 2006 and
Seclion 138 of Ihe Charities Acl 2011. These financial statements are prepared in accordance with Ihe special
provisions of Part 15 of the Companies Acl relaling to small companies and conslilule the annual financial
slalemenls required by the Companies Acl 2CrfJ6 and are for c4rrAJlalion to members of the company.
The financial slalemenls were approved by the boaid of directors and aulhorised for issue on 09 May 2025 and are
signed on 115 behalf by:
The noles on pages 13 to 22 form part of these financial stalements.
S Harris
Chair
Company Registration No. 09615159
11

THE PHOENIX AUTISM TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 AUGUST 2024
2024
2023
Noles
Cash flows from operating activities
Cash absorbed by operations
17
(293,759)
(83,027)
Investing activities
Purchase of tangible fixed assets
Investment income received
(7.326)
20.151
(27,054>
9,316
Net cash generated fromllused in}
investing aGtiviti8S
12,825
(17,738)
Net cash used in financlng activltles
Net decrease In Gash and cash equlvalents
{280.934)
(100,765)
Cash and cash equivalents al beginning of year
1,479.333
1,580,098
Cash and cash equlvalents at end of year
1,198,399
1,479,333
12-

THE PHOENIX AUTISM TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Accounting policies
1.1 Accounting convention
The financial slalemenls of the charitable company, whith is a public benefit under FRS 102. have been
prepared in accordance with the Charities SORP {FRS 102) 'Accounling and Reporting by Charities:
statement of Recommended Praclice applicable lo charilies preparing their financial slalemenls in
accordance with Ihe Financial Reporting Slandard applicable in Ihe UK and Republic of Ireland IFRS 102)
(effeclive 1 January 2019)., Financial Reporting Slandard 102 'The Financial Reporting Standard applicable in
the UK and Republic of Ireland, and Ihe Companies Act 20(￿.
The financial statements are prepared in sterling, which is the functional ou￿encY of the charitable company.
Monetary amounts in these financial stalemenls are rounded to the nearesl £.
The financial slatements have been prepared under the hislorical ¢osl convention. The prinrypal accounting
policies adopted are sel out below.
1.2 Golng concern
The charity's financial statements show nel surplus of £44.122 (2023.. £247,568) for Ihe year and fre8
reseNes of £1,434.371 (2023.. £1.385,866). The Trustees are of the view thal these results have secured the
immediate future oflhe charily for the next 1210 18 months and on this basis the chariiy is a going concem.
1.3 Charitable funds
The general fund comprises those monies which may be used toward meeling the Charitable objectives of the
company al the discretion of the Management Board.
The reslricled funds arè monies waised for, and Iheir use restricted to. a specific purpose or donations subject
lo donor-imposèd conditions.
1.4 Incoming resources
All income is included in the slalement of financial activities when the charity is legally enlilled to il, re¢eipt is
probable, and the amount can be measured with sullicienl reliability.
Grant Income
Grants are credited to Ihe stalemenl of financial activities when Ihe chaiity is enlitled lo Ihe funds. Income is
only deferred where there afe time constrainls imposed by Ihe donor or if the funding is performance related.
Where entitlement lo grants receivable is dependerbl upon fuifilmenl of condition5 Within Ihe tharily's control.
Ihe income is recognised when there is sulficient evidence that conditions will be met.
Grants supporting the core activities of the charity and with no specific restrictions placed upon their use are
included within donations and legacies. GTanls Ihal have specific reslrictions placed upon their use are
included within income from charitable activilies.
Capital grants for the purchase of fixed assets are credited to reslricled incoming resources on the earlier
dale of when they are recelved or receivable. Deprerjation on Ihe related fixed assets is charged againsl the
reslricled fund.
Donations and legacies
Donations are recognised in the year in which Ihey are received. Legacy income is recognised when Ihe
charity's entitlement is judged lo be probable and where the amounl can be reliably measured.
Contract income
Income from charitable activities include income recognised as eamed (as the related goods and services are
provided) under contracl.
Investment income
Investment income is included when receivatAe.
13-

THE PHOENIX AUTISM TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
Accounting policles
(Continued)
1.5 Volunteers and donated services and facilities
Donated professional services and donaled facilities are recogni5ed as incnme when the charily has control
over Ihe item, any conditions associated with Ihe donated item have been mel, Ihe receipt of oconomic
benefil from the use by the charily of the item is probable and that economic benefit can be measured reliably,
In accordance with the Charilies SORP (FRS 102), the general volunteer time is not recognised (refer lo the
Irustees, annual report for more infomiation about Iheir conlribulion).
On receipt, donaled professional services and donated faeilities are recognised on the basis of the value of
the gift to the charity which is the amount the charity would have been willing lo pay lo oblain seNices or
facilities of equivalenl economic benefit on the open market., a corresponding amount is then recognised in
expenditure in the year of receipt.
1.6 Resources expended
Expenditure is recognised once there is a legal or construclive obligation lo make a payment to a third party, il
is probable Ihal settlement will be required. and Ihe amount of Ihe obligalion can be measured reliabty.
Expendllure is classified und8r the following aclivily headings:
Cost of raising funds comprises the cost of seeking donations and leg3cies, membership services
and other fundraising aclivittes and Iheir assocjaled support cosls.
Expenditure on charitable activities includes the costs directly associaled with providing educational
needs for people with Autism andlor language, communication or inlera¢tion difficulties and their
associated suppori costs.
Irrecoverable VAT is tharged as a cosl against Ihe actiwly for whlch the expendilure was incurr8d.
1.7 Allocation of support costs
Support costs are Ihose functions thal assisl Ihe V￿rk of Ihe charity but do not directly undertake charilablé
aclivilies. Support costs include back-office costs, finance and administration personnel, payroll and
governance cosls which support the Trust's programmes and activities. These cosls have been allocated
be￿een cosl of raising funds and expenditure on charitable activities. The basis on which support ￿SIS have
been allocated are sel out in note 7.
1.8 Tanglble fixed assets
Tangible fixed assets are initially measured al cosl and Subsequent￿ measured al cost or valuation. nel of
depreciation and any impairment losses. The ¢osl of minor addilions or those costing less Ihan £SOO are not
capilalised.
Depieciation is recognised so as to write off the cost or valuation of assets less their residu21 values over their
useful lives on the following bases-
Fixtures and fittings
IT equipmenl
33°h straight Line Method
33% Sttaighl Line Method
The gain or loss arising on Ihe disposal of an a55et is determined as Ihe difference between Ihe sale
proceeds and Iho carrying value of the asset. and is iecognised in the statement of financial activities.
1.9 Cash and cash equivalents
Cash and cash equivalenls indude cash in hand. deposits held at call with banks, other short-temi liquid
investments wilh original m21urilies of three monlhs or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
14-

THE PHOENIX AUTISM TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Accounting policles
{Continuedl
1.10 Flnanclal instruments
The charilable company has elected lo apply Ihe provisions of Seclion 11 'Basic Financial Inslrumenls, and
Section 12 '0ther Financial Instruments Issues. of FRS 102 to all of ils financial instrumènts.
Financial inslrumenls are recognised in the charitable company's balance sheet when the charitable company
becomes party lo the contractual provisions of Ihe inslrument.
Financial a5sels and liabililies are offset, wilh Ihe net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounls and there 15 an intention to sellle on a
net basis or lo reali5e the asset and settle the liability simultaneousty.
1.11 Taxation
The charity is a registered charity and. therefore, is not liable for Income Tax or Corporation Tax on income
derived from its charitable aclivilies. as il falls within Ihe various exemptions available to registered charities.
1.42 Credltors and Provlslons
Cr8ditors and Provisions are recognised when Ihe charitable company has a legal or conslruclive present
obligation as a result of a pasl event, il is probable Ihal the charitable company will be required to settle that
obligation and a reliable eslimale can be madè of the amount of the obligation.
The amounl recognised as a provision is the best eslimale of the consideration required to settle the present
obligation at the reporting end dale. taking inlo account Ihe risks and uncertainties surrounding the obllgalion.
Where the effect of the lime value of money is malerial. the amount expected lo be required to settle the
obligation is recognised al present value. When a provision is measured al presenl value, Ihe unwinding of
the discount Is recognised as a finance cost in net incofflel(expendilure) in the period in which il arises.
1,13 Debtors
Trade and other deblors are recognised al the selllemenl amounl due after any Irade discount offered.
Prepayments are valued al the amount prepaid net of any trade discounts due.
1.14 Penslon
The Charily operates a defined contribution pension scheme on behalf of ils employees. Contributions are
charged to Ihe Statement of Financial Aclivilbes in Ihe period in which they are payable. The a55ets of Ihe
schem?. are held separately from those of the Charity in an independently adminislered fund.
Critlcal accounting estimates and judgements
In the application of the charitable company's accounling policies, the Trustees are required to make
judgements. estimates arKI assumptions about the carying amount of assets and liabilities Ihal are not readily
apparent from other sources. The estimates and associated assumptions are baged on historical experience
and olher factors that are considered lo be relevant. Aclual results may differ from these estimates.
The estimates and underlying assumplions are reviewed on an ongoing basis. Revisions to accounling
estimales are recognised in Ihe year in which the eslimale is revised where Ihe revision affecls only that year,
or in Ihe year of the revision and future year where the revision affecls both currenl and futLJre yeais.
15-

THE PHOENIX AUTISM TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Charitable activities
Charitable
activities
Total
2024
Total
2023
London Borough ofTower Hamlels
Educalion and Skills Funding Agency
London Borough of Hackney
Essex County Council
Olher income
Wallham Forest
Access 2 work
1,100.909 1.100,909
610,572
610,572
83,175
83,175
947,197
632,668
189.277
15,000
125
1,526
24,009
18.946
1,526
24,009
18,946
1,839,137 1,839,137 1,784,267
Analysis by fund
Unreslricted funds - general
Reslricted funds
1.832,909 1,832.909 1,741,232
6,228
6.228
43,035
1.839,137 1,839.137 1,784,287
Forthe year ended 31 August 2023
Unrestricted funds- general
Restricted funds
1,741,232
43,035
1,741,232
43,035
1.784.267
1.784,267
Investments
Unrestricted
funds
Total
2024
Total
2023
Interest Income
20,151
20,151
9,316
20.151
20,151
9.316
16-

THE PHOENIXAUTISM TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Raising funds
Unrestricted
funds
Total
2024
Total
2023
Staff costs
Share of support costs (see nole 7)
Share of governance ¢osls (see note 7)
18,925
18.925
6,046
228
17,782
7,716
213
228
25.199
25,199
25,711
For the year ended 31 August 2023
Fundraising and publicity
25,711
25,711
25,711
25,711
Charltable aGtiviti8S
Educational
Operations
Total
2024
Total
2023
Staff Costs
Learning resource costs
Sludenl Meals cosls
Membership and Subscriptions
Transport & Travel costs
1.150,516 1,150.516
117,447
117.447
58,006
58,006
7,675
7,675
10,669
10,669
971,388
93,331
42,404
7.121
17.548
1,344,313 1,344,313 1.131,792
Share of support costs (see nole 7)
Share of governance cosls (see note 7)
429,500
16,154
429,500
16,154
378,099
10,413
1.789,967 1,789.967 1,520,304
Analysis by fund
Unreslricled funds - general
1.789.967 1,789,967 1,520,304
1,789,967 1,789,967 1,520,304
For the year ended 31 August 2023
Unrestricted funds - general
1,520,304
1,520,304
1,520.304
1,520.304
17-

THE PHOENIXAUTISM TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Support costs
The charity initially identifies Ihe cos15 of ils support functions.11 then identifies those costs which relate to the
govemance function. Governance c051s and other support costs are apportioned separately between the key
activities underlaken in Ihe year. All the general support and governance costs have been apportioned to the
various charitable activities on the basis of direcl costs of each activity.
Support Governance
costs
costs
Total
2024
Total
2023
Staff costs
Deprecialion
Management and adminislralion
Insurance
Bank charges and Inleresl
Slaff training and development
Legal and professional fees
IT Costs
General expenses
Rent
Recruilmenl Costs
Repairs and maintenance
Audilorfs fees
Trustees and board meeting expenses
1(￿,142
10,611
13.594
8,055
1,222
21,105
55.656
36.951
628
171.120
5.180
5,282
9,463
115,605
10,611
13,594
8,055
1,222
21,105
55,656
36,951
628
171,120
5.180
5.282
6,840
79
123,936
4.727
17,853
7,399
812
15,286
31,831
29,664
6,352
130,000
5,010
17,391
6,180
6.840
79
435,546
16,382
451,928
396,441
Analysed between
Fundraising
Charitable aclivilies
6,04S
429.500
228
16,154
6,274
445,654
7,929
388,512
435,546
16,382
451,928
396.441
Net Incomel Expenditure for the year
2024
2023
Deprecialion of owned tangible fixed assets
10.611
4,727
Auditor's Remuneration
Audit Fees
Non Audit Fees
4,440
2,400
4,020
2,160
6,840
6,180
18-

THE PHOENIX AUTISM TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Analysis of staff costs, trusiees. remuneration and expenses, and cost of key management personnel
The average monthty number of employee5 during the year was..
2024
Number
0.20
17.38
2.53
0.10
2023
Number
0.20
15.27
2.90
0.05
Fundraising
Charitable Activities
Administration and Support
Governance
Total
20.21
18.42
Employment costs
2024
2023
Wages and salaries
National Insurance cosls
Other pension Costs
Agency and seconded staff costs
772,214
77,849
145,899
289,085
609,719
61,949
119,920
321,518
1.285.046
1,113,106
No Iruslees received any remuneration during the year (2023 £nil). One Irustee received reimbursed
expenses during Ihe year £79 (2023 - £91).
The key managemeni personnel of the charity comprise the Trustees, the Principal. Assistant Principal, and
Senior Administrator. The lolal payments lo the key managemenl personnel of the charity were
£203,810(2023- £217,283).
The number of employees whose annual remuneration was more than £60,000 is as follows..
2024
Number
2023
Number
£60,001 to £70,000
£70,00110 £80,000
£80,00110 £90,000
19-

THE PHOENIX AUTISM TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
10 Tangible flxed assets
Flxtures and IT equlprnent
Ilttlngs
Total
Cost
Al 1 September 2023
Additions
27,054
2.574
27,054
7.326
4,752
Al 31 August 2024
4,752
29,628
34.380
DepreGiation and Impaimient
At 1 Seplember 2023
Depreciation charged in the year
4,727
9,194
4,727
10,611
1.417
Al 31 Augusl 2024
1.417
13,921
15,338
Carrying amount
Al 31 Augusl 2024
3.335
15,707
19,042
Al 31 August 2023
22.327
22,327
11 Debtors
2024
2023
Amounts falllng due wlthln one year:
Trade debtors
Accrued income
Prepayments
302,201
15.560
2,151
10,054
312,255
17,711
12 Creditors.. amounts falling due wlthln one year
2024
2023
Trade creditors
Taxation and social security
other creditors
Accruals
198
17.413
6,519
37,270
26,908
14,347
20.451
33,491
61,400
95,197
-20-

F

THE PHOENIX AUTISM TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
14 Analysis of net assets between funds
Unrestrlcted Restrtcted
funds
funds
Total Unrestrlcted Restricted
2024
funds
funds
Total
2023
Fund balances at
31 August 2024
are represenled
by..
Tangible assets
Curronl
asselsllliabililies)
19.042
19.042
22.327
22,327
1,434,371
14,883
1,449,254
1.385.866
15,981
1.401,847
1,453.413
14,883
1,468,296
1.408,193
15,981
1,424,174
15 Pension
The pension cost char9e represents conlribulions payable by the Charily lo the fund and amounted lo
£145,899 {2023 - £119,920). Contribulions tolaling £6.017 (2023 £12.137) were payable lo the lund at the
year end and are included in other t￿dItorS
16 Share capitsl
The charitable company is limited by guaranlee and does not have a share capital divided by shares.
17 Cash generaied from operations
2024
2023
Surplus for the year
44,122
247,568
Adjuslmenls for..
Investment income recognised in statement of financial adivittes
Depreciation and impairment of tangible fixed assets
(20,151)
10,611
(9,316)
4,727
Movements in working capital..
(Increa5el in deblors
(Decrease) in creditors
(Decrease) in deferred income
{294.544)
{33,797)
(16,691)
(253,089)
(56,226>
Cash absorbed by operations
(293,759)
(83,027)
18 Related party transactions
During the year £254,157 {2023: £404.940) was paidlpayable lo The Phoenix Primary and Secondary School
for recharges of resources used vthere Jonalhon Caunt is a governor. As at the year end balance payable lo
The Phoenix Primary and Secondary School amounted to £nil (2023= £23,827) included in trad8 creditors.
During Ihe year charity paid £867 to Calmcare Consulting Limited for Iraining c£Jsl where one of the trustees is
the director.
-22-