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2022-08-31-accounts

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REGISTERED COMPANY NUMBER:
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1172680
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REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 FOR

LIFE SKILLS EDUCATION CHARITY

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www.lifeskillseducation.co.uk

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Follow us on
The programme is interesting and varied. I like the way that it
students to build skills slowly and apply them later.support network – this helps with spaced retrieval. It also enables keeps going back to previous activities such as the spidergraph, the
   www.lifeskills-education.co.ukinfo@lifeskills-education.co.uk0300 111 3273
years, which can be studentsby groups for young people 11-15 digital programme An interactive settings. in a variety of or individual used learning materials can be delivered at your Around six hours of own pace. of different electronic accessed on a variety Designed to be devices. secondary schools or with community groups. Suitable for use in
@LifeSkillsEducation
@LifeskillsCt
Anon – Head of Year, Secondary Academy, East Midlands
Get in Touch
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Charity Public Benefit – The Difference we Made in 2021 – 2022

Why We Exist

Our Products

At Life Skills, we know education has the power to change behaviour

We have a range of programmes from Key Stage 1 to Key Stage 3.

That is why we believe all young people should have access to the tools to grow and thrive. We do this by:

Developing and delivering a suite of programmes that use our SKILL Decision-Making Model, a tool to help young people think about their choices and the consequences they have on themselves and others.

Empowering young people with the confidence to open up meaningful conversations around tricky subjects with their parents, schools and broader support networks.

The SKILL DecisionMaking Model

Our unique SKILL DECISION-MAKING MODEL teaches young people to make safe and healthy choices by working through problems and issues one step at a time. It teaches young people to consider various options, balance risk against consequences, manage stress and resist pressure. These are all critical tools in ensuring they develop into positive and proactive young adults who can adapt to life’s challenges. At the core of this is young people realising the risk to themselves and others, especially around their physical and emotional health.

Creating more resilient communities with improved health outcomes by reducing the effects of substance misuse on people and shared spaces.

Young people are at the heart of what we do, and our aim is for every child to be less affected by the dangers around the misuse of drugs, alcohol, knife and hate crimes.

They tell us they have far more confidence to make well-informed, less risky decisions, speak up about issues affecting them and know where to find help.

We want to build upon these skills every year and remain committed to offering a wide range of resources to aid all young people; aged 6 through to 16 years old.

The Year in Numbers – Measuring the Difference we Make

How do we use this data?

We collect and analyse many data sets. It informs us what we are doing right and what we need to improve to be better; the development of our secondary (KS3) programme curriculum is a clear example of this.

Our evidence base:

o Young people scored:

Our Impact

Safer, Happier Young People

A Safer Space for All

Facilitating Partnership and Engagement

Why it Matters Parent comments: -

“I have a 30-year-old daughter who did the Life Skills programme 19 years ago. Her decision-making skills, the foundations of which she learnt on the programme, have kept her safe ever since. I am confident the programme has evolved to meet the current needs of children growing up now, like my youngest, who is 8. This issue is critical to me because I have seen first-hand the effects alcoholism and smoking-related illnesses can have on a family and how avoidable they can be with good quality education at the right age.”

“Really impressed with the confidence this programme has helped my daughter find. She has discussed lots of what she has been learning, but more importantly, her friends have been chatting regularly and openly about parts of the book.”

Quotes from the feedback of young people about the knowledge and skills they have learned:

“The Life Skills programme has allowed us to have some good conversations with my son on some subject areas, which we would have found difficult to raise with him.”

The Challenges

The Cost

LIFE SKILLS EDUCATION CHARITY

CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 August 2022

Page
Report of the Trustees 1 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Cash Flow Statement 10
Notes to the Cash Flow Statement 11
Notes to the Financial Statements 12 to 17
Detailed Statement of Financial Activities 18

LIFE SKILLS EDUCATION CHARITY

REPORT OF THE TRUSTEES for the year ended 31 August 2022

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2022. 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

Under the direction of the trustees, we develop, deliver and continuously evaluate age-appropriate resources for use in primary and secondary schools as well as community organisations within England and Wales.

All resources are delivered by specially trained staff or schoolteachers and community leaders who undergo specific training in the resources they wish to provide.

We continuously evaluate the impact and effectiveness on outcomes of all our resources resulting in updates, amendments and improvements as discovered.

The staff team work closely to gather feedback from all stakeholders such as children, schools, parents, relevant local government departments and partner organisations.

The direct benefits of our work are:

Objectives for the year

We review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The study looks at the success of each critical activity and the benefits they have brought to those groups of people we are set up to help. The review also helps us ensure that our aims, objectives, and activities remain focused on our stated purposes. We have referred to the charity Commission's general guidance on public benefit when reviewing our aims and objectives and planning our future activities. In particular, the trustees consider how planned activities will contribute to their aims and objectives.

In setting out their objectives and financial strategy, the board has focused on ensuring the Charity is based on a sustainable business model. Recognising that many Charities dependent on receiving grants or providing commissioned services are susceptible to large swings in funding provision, which can threaten the longevity of the delivery of services to meet the Charitable Aims.

Life Skills Education will seek grants for two primary purposes, keeping the products up to date and relevant, including reviewing the effectiveness of delivery and enabling schools to benefit from a cost reduction directly. Only in exceptional circumstances will we seek full funding for the programme. Our experience shows that all parties have improved outcomes when a school directly invests in the programme.

We benefit from the voluntary contributions of the board and a youth advocate. These contributions are welcome and enable the programme to be delivered efficiently and to be seen as a good value investment by our clients, donators and funders.

Public benefit

The trustees have due regard for the Charity Commission guidance on Public Benefit.

For the public benefit, the advancement of education of young people aged 9 to 16 throughout England and Wales who are in danger of becoming addicted to or dependent upon drugs particularly but not exclusively by providing information and raising awareness through evidenced-based life skills programmes.

Page 1

LIFE SKILLS EDUCATION CHARITY

REPORT OF THE TRUSTEES for the year ended 31 August 2022

STRATEGIC REPORT Achievement and performance Charitable activities The 2021-22 year:

This year is our first part year under our banner of Life Skills Education products delivering Drug, Alcohol and Resilience Training (DAaRT) with 'Resili-Ant' as our Mascot. Launching our new range of products on the 1st of January 2022 was a significant step forward for us and marked the end of an era under the DARE America banner. Our new relationship with Professor Michael Hecht and REAL Prevention enables us to take a more responsive culturally appropriate and dynamic approach to our services and products.

We started the autumn term of 2021 full of hope and optimism that we were over the worst impact of the COVID pandemic in schools. While restrictions were being lifted and immunisation was growing, the primary school environment was still awash with new cases. While we were able to deliver consistently in school, attendance was disrupted.

The picture remained the same in the spring term and started to ease in the Summer of 2022. However, a newly emerging issue was beginning to surface. The growing cost of utilities was having an impact on the education sector. This unplanned emerging issue impacted orders, with schools cancelling delivery or reducing their commitment from fully delivered to teacher-led delivery to reduce costs.

Despite these pressures, we maintained the uplift in pupil numbers achieved in the previous 2020-21 year. The new range of Life Skills Programmes was launched and well received; delivery has otherwise run smoothly.

We have successfully moved all our sales activity from our old customer management system to a new bespoke platform. New computer projects are generally regarded as high risk because they often overrun budgets and are not delivered on time. We have bucked that trend because the project was delivered on time and within the planned budget. The end product is pretty good too. We were able to transfer all our old records to the new system with more powerful analytical tools, enabling us to identify trends more readily. The new system has the capacity we need for the foreseeable future.

We have delivered to those schools that benefited from deferred funding for participating in the Youth Endowment Fund evaluation. Each school that agreed to participate in the evaluation was incentivised by having the programme fully paid for from the fund. For the schools we randomly assigned to the control group, their delivery was delayed until after the evaluation was completed. This did mean that it was a different year group of pupils who benefited from the programme. In all, £96K was carried forward into the 2021/2022 financial year to pay for the delivery in those schools. All that work has now ended, and the full report of the evaluation will be published in September 2022.

We have had some preliminary information shared with us that reflects that the evaluation was severely affected by the COVID pandemic. Yet, we did show a small positive impact on all the indicators in the evaluation. The evaluation aimed to establish if the primary programme impacts wider criminality and violence. In this regard, it was a positive outcome; we show a small yet broader impact on crime and violence. The qualitative data also showed that pupils, parents and teachers reported positive effects on the levels of confidence, communication and decision-making skills. We eagerly await the full report to be published.

We have had a quiet year on the recruitment front. The posts we did recruit for this year were widely advertised, and we experienced the same difficulty as others in our sector in that the marketplace is full of jobs and fewer people for those jobs. We are pleased with the recruitment outcomes; they took much longer to get to where we wanted to be. We have recruited a Human Resources Manager to help us transition away from our online service provided through Citation and a Training and Development Manager who will start at the end of this reporting period and run in unison with the Director of Products and Human Resources, who retires in December 2022.

In reviewing our business plan and people strategy, we commissioned a staff perception survey to inform our approach to the next business plan period. Our staff received this well, and we have a great piece of work which helps to understand what it is like to be an employee in our organisation. 91.2% of our team enjoy working for the Charity. We cannot be complacent and will strive to take the feedback and make improvements; for example, our staff have noticed that we are asking them to travel slightly further than usual. We will take this into account in our planning process. Our team also agree that we should do more to differentiate the delivery of our universal programmes to consider special educational needs. This will become a new work stand for improvements in the programme during the review.

We are grateful for the patience of our partner, Checkpoint Software Technologies, who sponsored the development of our Web Warriors programme. We finally launched the programme in the Primary Schools in 2022 when COVID restrictions were lifted.

Page 2

LIFE SKILLS EDUCATION CHARITY

REPORT OF THE TRUSTEES for the year ended 31 August 2022

After an approach from the Notts FA Safeguarding lead, we were asked to help develop a response to be used by football clubs to reduce the risk of knife violence among their members. In partnership with the Nottinghamshire Police and Crime Commissioner, we secured £10,000 for the creation of the Football Game. The product is finished, and we will evaluate its impact early next year to make it available to all youth football clubs in the UK.

The National Lottery has again supported the Charity with a grant of £10,000 to update the On Track early years programme, which we offer for free via our website. This work has just started and will be completed during the Autumn of 2022.

Here are some of our other headlines for the year:

  1. We delivered to 14,740 pupils comprising 495 classes in 335 schools. We maintained our 5000-pupil uplift achieved over the last two years.

  2. Generated £147,118 of income from grants, donations and voluntary contributions from business partners:

  3. The Notts PCC (Life Skills Game): £10,000

  4. Awards for All (On Track): £10,000

  5. Garfield Western: £20,000

  6. Notts Police 3-year project: £107,083

  7. Other £35

  8. We completed year 3 of a 3-year project with Nottinghamshire Police, who made available £100k per year for the three years to support Nottinghamshire schools to receive the DARE 25 Programme. During 2021/22, 189 Nottinghamshire schools benefited from this funding.

  9. We won three new grants, £10,000 from the Notts PCC for the development of our Football based Game, a £10,000 grant from Awards for All to update our On-Track Programme and a £20,000 core funding grant from the Garfield Western Foundation.

  10. Recruited one new DAaRT Officer, one HR manager and one Training and Development Manager

  11. Received over £80,335 in 'in kind' donations from suppliers such as Microsoft, Google, Amazon, Slack, Plesk, and Hotjar through the Charity Digital Exchange/Tech Trust.

  12. Our quality assurance systems ensure we deliver to our high standards, guaranteeing a product consistently delivered to all schools. The management team conducted 45 QA visits during the year, taking direct feedback from teachers. Of these, 66 took the time to complete our quality standards questionnaire, showing us being assessed as over 65% outstanding and 97.6% either good or outstanding.

  13. 29,374 users visited the website 58,910 times over the last 12 months.

  14. We now have 559 Facebook followers.

  15. Engaging MPs to support our programmes resulted in specific questions in the House of Commons about our products and their use in primary schools to reduce crime.

  16. Utilised Linked-in as a source for Sales and Marketing.

Financial review

Principal funding sources

The Charity's business model is based on seeking grants and or donations to pay for the development of our product range. We then sell the product to the schools. We will also seek opportunities to help schools with the funding to pay for the programme. We can keep the cost of delivery at the cost to the charity, ensuring that we offer an excellent value for money product which is sought by teachers and applauded by parents' careers and students.

The Charity Trustees ensure that our funding sources do not compromise our ability to provide fair and objective information to young people about the uses of drugs and alcohol. We will care about our environmental impact and seek to use cost effective materials and delivery methods which have minimal impact on the environment.

Investment policy and objectives

Most of the charity's funds are to be spent in the short term so there are few funds for long-term investments. This will be reviewed throughout the following year and any excess of funds generated will be invested appropriately by the trustees in line with our Memorandum and Articles of Association and the Charities Act.

Reserves policy

Our business model enables the Charity to operate with low reserves ensuring Life Skills Education make full use of its income while allowing our customers and service users to benefit from low costs which cover our basic running costs making the products accessible to more young people. This is achieved through careful cash flow management and ensuring that we operate an order book two terms in advance of expenditure. Effectively giving us a six month reserve window.

Page 3

LIFE SKILLS EDUCATION CHARITY

REPORT OF THE TRUSTEES for the year ended 31 August 2022

STRATEGIC REPORT

Future Developments

We have three primary goals for the future:

  1. Launch an all-new secondary programme

  2. Take the Football Game to the FA and Premier League to launch among all youth football teams

  3. To build our programmes to take them from paper-based to electronic.

During 2022-23 we will continue to find a funding partner for the secondary programme. This year has been frustrating because we have had two applications rejected for the funding we need to take our content onto a digital platform for the secondary market. We will review, refresh and surge again.

Our football game is being piloted and evaluated. Once this is finished, we will take the evidence of effectiveness to partners and open the channel for further negotiation with the leading football body.

Our final goal is a three to five-year aspiration. We know the workbook will become a burden rather than an asset in the next 3-5 years. The challenge is finding a suitable electronic method to replicate or replace our current methodology in using the workbook. We keep this subject at the top of our agenda and allocate time for consultation and exploratory discussion about how this can be realised. We are aware of the extent of digital poverty as it is today. However, we see that as short-lived.

We anticipate that 2022-23 will be one of consolidation and exploring new channels for our sales. The market and finances are such that we expect that growth at the same rate is unlikely but remains a goal.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Life Skills Education Charity is a company limited by guarantee and is registered as a charity with the Charity Commission, registration number 07742739. Its affairs are governed by its Memorandum and Articles of Association. The Company has to comply with both the Companies Act 1985 and the Statement of Recognised Practice.

The liability of the members in the event of the company being wound up is limited to a sum not exceeding £10 each

The Memorandum of Association restricts the use of the charity's income and property, such that they must be applied solely toward the objects of the charity and specifically disallows the payment of dividends, bonuses or profits to the members.

Recruitment and appointment of new trustees

The directors of the company are also charity trustees for the purpose of charity law and under the company's Articles are known as members of the board.

Under the requirements of the Memorandum and Articles of Association the members of the board are appointed to serve for a period of three years after which they must be re-elected at the next Annual general Meeting.

All members of the board give their time voluntarily and receive no benefits from the charity.

The number of trustees shall not be less than three.

Induction and training of new trustees

Potential trustees are identified according to criteria set by the board, so that there is a varied range of abilities, skills and experience.

Most trustees are already familiar with the practical work of the charity, having been encouraged to take up roles by existing trustees or staff.

Additionally, new trustees are invited and encouraged to attend an initial induction training session to familiarise themselves with the charity and the context within which it operates. Each trustee is also encouraged to attend lessons delivered by DAaRT officers and a graduation ceremony to experience the programme first hand.

The primary documents that set out the charity's operational framework, including the Memorandum and Articles, business plan and accounts, are supplied to new trustees and explained by the CEO and Chairman. A Question & Answer pack has also been prepared, drawing information from the various Charity Commission publications signposted through the Commission's guide "the Essential Trustee" as a follow-up to these sessions. This is distributed to all new trustees. Feedback from new trustees about their induction has been very positive.

Page 4

LIFE SKILLS EDUCATION CHARITY

REPORT OF THE TRUSTEES for the year ended 31 August 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT Organisational structure

The Trustees meet on a regular basis throughout the year. Relevant staff, to ensure clarity of operation and joint understanding of the issues involved, attend these meetings.

A scheme of delegation is in place, and day-to-day responsibility for the provision of the services rests with the Chief Executive and the two non-board Directors.

The Chief Executive ensures that the charity delivers the services specified and that key performance indicators are met. The Director of Finance and Operations and The Director of HR and product development are responsible for the charity's day-to-day operational management, individual supervision of the staff team and ensuring that the team continue to develop their skills and working practices in line with good practice.

Risk management

The board has reviewed the significant risks to which the charity is exposed. A risk register has been established and is updated at least annually and reviewed at each board meeting. Systems or procedures have been implemented to mitigate the charity's risks. Significant external risks to funding have led to the development of a strategic plan which allows for the diversification of funding and activities. Risks relating to internal controls are minimised by implementing procedures for authorising all transactions and projects. Systems are in place to ensure compliance with health and safety and other legal obligations such as GDPR covering all staff, volunteers and clients. We have an up-to-date Safeguarding Policy, and all staff are subject to enhanced DBS checks.

In so far as it is complimentary to the charity's objects, the charity is guided by both local and national policy. At a national level, drug and alcohol education is steered by defined principles. The charity contributed to monitoring those standards and was held as good practice in Ministerial papers. Teachers are asked to complete a survey to measure the delivery of the programme against national standards-97.6% of the surveys rate delivery as good or outstanding.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

07742739 (England and Wales)

Registered Charity number 1172680

Registered office

6 Sherwood Rise Nottingham NG7 6JF

Trustees

L Ayoola A P Camilleri Chairman (resigned 28.9.22) P S Chadbourne A Cresswell S Harvey (resigned 23.12.21) R A Lord Interim Chairman L M J Freeman C T Cooke (appointed 3.10.22) R J Cox (appointed 3.10.22) S Desai (appointed 3.10.22) T R Wheatley (appointed 3.10.22)

The Trustees present their annual report together with the unaudited financial statements of the year ended 31 August 2022.

Company Secretary

S Longcroft

Page 5

UFE SKILLS EDUC4TION CHARITY REPORT OF THE TRUSTEES for the year endd 31 Au8U5t 2022 REFERENCE AND ADMINISTRATIVE DEfAILS Hewltt Card Chvterd Wfled Accountants ACCA Hewitt Card Llmlted Nottlngham Road Marthfidd NottinBharnshlr• NG18 IBN Sdldt s￿)￿MIth5 LLP 100 Avebury Boulevanl Mllton MK91FH Cltation Ltd Kln8 Court Wllmslow SENIOR AIANAGEMENT TE Mr P Moyes a)Id Ex￿￿Ve Mr S Lonwuft The Dlrectorof FInan￿ and Operatlons Mr5 A ShoRrd The DiroLor ol HR and product developnwt Mrs K Buko Sa1•5 & Markding ManaBer , Ino)rpoiatins a strateglc report appT(Ned by order olthe board ol iru5tee5. a5 the comFAny direLtoYs, ..%Tr............. and SI￿v￿ on the bwd's behalfby. Pa8e 6

INDEPENDENT EKAMINER'S REPORT TO THE TRUSTEES OF UFE SKILLS EDUC4TION CHARITY ¢Yamln&i rqwt to thetrurtee• of Llle Skllb Educauon Charlty ethe Comparf) I report to the charlty trust•es on my examlnarfon olthe aecounts of the Company fDrthe year ended 31 Ausust 2022. As the charlty's trustees ol Ihe Company land also its dlrKtors for the pury)sÉs of company law) you arp re5PDn51ble for thq e￿ra￿ ofthe In ac(DnlarTr wlth the rEquirnments oftr Companiw Act 21J)61'the 2006 Act'l. ￿tIllI￿ M￿ewthatthè accounts ofthe Company arn not rwulred to te audlt&4 under Part 16 ofthe 2￿6 ALt and a ell￿ble for Indepa)dent examlnadorn I reFQrt In twpxt of my examination of your charlty's accounts as cwrried out under SKtion 145 of the Charitie5 Act 2011 I'the 2011 kn'l. In earylng out my examlnatlon I have followeAI the DITethon5 8lVI the Uwlty Comm1551on urKkr SeLtlon 145151 (bl of the 201 l ACL Slft￿ ￿ur dwlty's 81055 Income &¥ceeAled £250,00) youi ￿rnIn¢r must be a membEr of a Ilsted body. I w cmflm thai I am q￿[thed to undertth the examlnatlon be(awe l am a reglsternd m•nb•r ofACCA whlth Is one ofthe lisi•J Ixxlies. I ha￿ cixnplthl my exTrlnadth). I confimi that no matter5 ￿ come to my att¢ndon In connectlon wtth the 0xamlna￿On ng me Lxuse to bell￿. accountlng records wore not kept In r•pectofthe ComF4ny as rnqulred by S￿￿0￿ 386 ot the 2W A¢ or the ￿coUnts do not accord wlth those records; or accounts do not cyjmply wlth the acc￿ntIng requlrements of 5Kdon 396 of the 21x16 Act other than any r•qulrBm•nt that tho aCc￿￿7ts ts a true and lalr vlaw whlch Is not a matter Ll)nsldertd as part d In Independent eAxThlr￿t1QTh: or the xrounts have not plyr￿1 in accordance with the method5 and wtnciples of the SM8menl of R•comm•ntsl Pradlce for accountlng and repottin8 by thadtie5 (applicable to charhle5 preparfnB thelr acLDunts In ac￿[dan￿ wtth the Flnanclal Re[￿rtIng Standard appllcablé In the UK and Rapubllc ot Irèland IFRS 10211. I haw no conce￿ arKI hm cckne acrass no other mattets In connertlon wlth the examlnatlon to whlch attentton should be dAwn In th[$ In order to enable a pwr UnderS￿n8 ofthe accounts to be rnached. wll aj ACCA Hewltt Canl Llmitsl charte￿ *Kcounfants 72 Nottln8ham Road Man#leld NottIngl￿Mshjr8 NG1B 1BN Pa8e 7

LIFE SKILLS EDUCATION CHARITY

STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 August 2022

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
127,118
Activities for generating fund
3
268,512
Total
395,630
EXPENDITURE ON
Raising funds
4
2,632
Charitable activities
5
Charitable activities
442,539
Total
445,171
NET INCOME/(EXPENDITURE)
(49,541)
RECONCILIATION OF FUNDS
Total funds brought forward
151,938
TOTAL FUNDS CARRIED FORWARD
102,397		 Restricted
funds
£
20,000
-
20,000
-
12,099
12,099
7,901
6,793
14,694		 2022
Total
funds
£
147,118
268,512
415,630
2,632
454,638
457,270
(41,640)
158,731
117,091		 2021
Total
funds
£
135,191
419,212
554,403
7,698
500,868
508,566
45,837
112,894
158,731

The notes form part of these financial statements

Page 8

LIFE SKIiiS EDUCATION CHARITY BALANCE 5HEEr 31 Au8Wt 2022 2022 Total 2021 Total fund5 Unrestricted fund Restricted funds T4nBlble •s 17,232 17,232 26,960 10 58,230 117,776 54230 132.470 Cath at bankand In haThl 39,916 248,093 14,694 176,006 14,694 190,700 288,IJ09 CREDITORS Aft￿unts killns due wlthln ono y 11 (56,799) (56,799) 1112,536) 119,207 14,694 1JJ,901 175,473 TOTAL A4SEfs CUIRENT LIABILITIE5 136039 14694 151,133 20W3 EDITORS AM￿nts fallln8 due after nwjro than one year 12 (S4￿1 134,04¥ 143.702) IWJ,397 14,694 117ml 158,731 FUNDS Unrestslctsl fiinds Re5tr1cted furd$ 14 10¥97 14694 151,938 6,793 TOTAL FUNDS 117,091 158.731 The charitsblecomrAny ts ontltled to exemptson from audlt uTrler SeLtlon 477 ofth? Cornpanle5 Act 2LJX lorthe èn 31 Auwjgt 2022. Thè members have not requlred the companyto obtaln an audlt of its flnanclal statements foT the ￿￿r end￿ 31 Au8uA 2022 In acconth wlth Secuon 476 ofthe Companles Aa 200& ThB acknowl* thelr r•spoMlbllhi# for en5urin8 that the tharfkble company kew a¢cthintln8 reLords that compty wlth S&tion$ 386 and 387 of Companles Act 2CI)6 and prepa￿ngfinanc5al ststwnents whlth Slve a truE arvl falrvl•w of thè slate of affalr% of the charftablecumpany as at the e￿1 of ea financlal yw arKI of Its surplu$ or defictt for Èath flnandal year In accordance wlth the requlrements of s￿￿On5 394 395 and whlch otherwlse comply with the Rqulrements of the Companles Act 2006 relatln8 to linanclal statern￿, so faras applloble to the charftable company. The flnandal ststefflents wern apwDY￿ the BoArd of Tw5tea8 and avthortsed for 155ue on .... aThJ SIS￿d on its bohalf by.. The nots5 form part ot these financlal 5tstsments Pa8e 9

LIFE SKILLS EDUCATION CHARITY

CASH FLOW STATEMENT for the year ended 31 August 2022

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest paid
Net cash (used in)/provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash used in investing activities
Cash flows from financing activities
New loans in year
Loan repayments in year
Net cash (used in)/provided by financing activities
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning of
the reporting period
Cash and cash equivalents at the end of the
reporting period		 2022
£
(103,208)
(801)
(104,009)
(5,316)
(5,316)
-
(6,298)
(6,298)
(115,623)
248,093
132,470		 2021
£
123,557
-
123,557
(30,606)
(30,606)
50,000
-
50,000
142,951
105,142
248,093

The notes form part of these financial statements

Page 10

LIFE SKILLS EDUCATION CHARITY

NOTES TO THE CASH FLOW STATEMENT for the year ended 31 August 2022

1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net (expenditure)/income for the reporting period (as per the Statement of
Financial Activities)
Adjustments for:
Depreciation charges
Interest paid
Increase in debtors
(Decrease)/increase in creditors
Net cash (used in)/provided by operations		 2022
£
(41,640)
15,044
801
(18,314)
(59,099)
(103,208)		 2021
£
45,837
12,477
-
(15,809)
81,052
123,557

2. ANALYSIS OF CHANGES IN NET FUNDS

Net cash At 1.9.21
Cash flow
At 31.8.22
£
£
£
Cash at bank and in hand 248,093
(115,623)
132,470
248,093
(115,623)
132,470
Debt
Debts falling due within 1 year (6,298)
(3,362)
(9,660)
Debts falling due after 1 year (43,702)
9,660
(34,042)
(50,000)
6,298
(43,702)
Total 198,093
(109,325)
88,768

The notes form part of these financial statements

Page 11

LIFE SKILLS EDUCATION CHARITY

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 August 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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.

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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 15% on reducing balance Computer equipment - Straight line over 3 years

Taxation

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

Fund accounting

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

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.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Voluntary help and gifts in kind

The Charity benefits from the many voluntary hours contributed by it's supporters. In addition, companies and organisations have provided the use of facilities and equipment without charge. It would be impossible to place a value on these gifts in kind for which the Charity is extremely grateful, and without which, much of the work undertaken could not be achieved.

2. DONATIONS AND LEGACIES

Donations
Grants
Grants received, included in the above, are as follows:
Government grants re COVID19		 2022
£
147,118
-
147,118
2022
£
-		 2021
£
110,448
24,743
135,191
2021
£
24,743

continued...

Page 12

LIFE SKILLS EDUCATION CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2022

3. ACTIVITIES FOR GENERATING FUND

School programme
Other income
4.
RAISING FUNDS
Raising donations and legacies
Marketing and advertising
5.
CHARITABLE ACTIVITIES COSTS
Charitable activities
6.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets		 2022
£
262,070
6,442
268,512
2022
£
2,632
2022
£
15,044		 2021
£
418,741
471
419,212
2021
£
7,698
Direct
Costs
£
454,638
2021
£
12,477

7. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2022 nor for the year ended 31 August 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2022 nor for the year ended 31 August 2021.

8. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Total staff		 2022
£
300,533
10,449
4,186
315,168
2022
37		 2021
£
345,618
11,380
3,852
360,850
2021
41

No employees received emoluments in excess of £60,000.

continued...

Page 13

LIFE SKILLS EDUCATION CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2022

9.
TANGIBLE FIXED ASSETS
Fixtures
and
Computer
fittings
equipment
£
£
COST
At 1 September 2021
8,981
45,769
Additions
3,847
1,469
At 31 August 2022
12,828
47,238
DEPRECIATION
At 1 September 2021
826
26,964
Charge for year
1,578
13,466
At 31 August 2022
2,404
40,430
NET BOOK VALUE
At 31 August 2022
10,424
6,808
At 31 August 2021
8,155
18,805
10.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
£
Trade debtors
5,217
Prepayments
53,013
58,230
11.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
£
Bank loans and overdrafts (see note 13)
9,660
Trade creditors
26,937
Social security and other taxes
2,877
Monies received in advance
13,717
Accrued expenses
3,608
56,799		 Totals
£
54,750
5,316
60,066
27,790
15,044
42,834
17,232
26,960
2021
£
8,878
31,038
39,916
2021
£
6,298
3,712
3,114
95,998
3,414
112,536

continued...

Page 14

LIFE SKILLS EDUCATION CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2022

12. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

Bank loans (see note 13)
13.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank loans
Amounts falling between one and two years:
Bank loans - 1-2 years
Amounts falling due between two and five years:
Bank loans - 2-5 years
14.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
City of London schools
Awards for All
Clothworkers Foundation
Police & Crime Commissioners
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Awards for All
Clothworkers Foundation
Police & Crime Commissioners
TOTAL FUNDS		 2022
2021
£
£
34,042
43,702
2022
2021
£
£
9,660
6,298
9,915
9,660
24,127
34,042
Net
movement
At
At 1.9.21
in funds
31.8.22
£
£
£
151,938
(49,541)
102,397
1,793
-
1,793
-
9,901
9,901
5,000
(5,000)
-
-
3,000
3,000
6,793
7,901
14,694
158,731
(41,640)
117,091
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
395,630
(445,171)
(49,541)
10,000
(99)
9,901
-
(5,000)
(5,000)
10,000
(7,000)
3,000
20,000
(12,099)
7,901
415,630
(457,270)
(41,640)

continued...

Page 15

LIFE SKILLS EDUCATION CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2022

14. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 1.9.20 in funds 31.8.21
£ £ £
Unrestricted funds
General fund 111,101 40,837 151,938
Restricted funds
City of London schools 1,793 - 1,793
Clothworkers Foundation - 5,000 5,000
1,793 5,000 6,793
TOTAL FUNDS 112,894 45,837 158,731
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds Incoming
resources
£		 Resources
expended
£		 Movement
in funds
£
General fund 544,403 (503,566) 40,837
Restricted funds
Clothworkers Foundation 10,000 (5,000) 5,000
TOTAL FUNDS 554,403 (508,566) 45,837
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds At 1.9.20
£		 Net
movement
in funds
£		 At
31.8.22
£
General fund 111,101 (8,704) 102,397
Restricted funds
City of London schools 1,793 - 1,793
Awards for All - 9,901 9,901
Police & Crime Commissioners - 3,000 3,000
1,793 12,901 14,694
TOTAL FUNDS 112,894 4,197 117,091

continued...

Page 16

LIFE SKILLS EDUCATION CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2022

14. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Awards for All
Clothworkers Foundation
Police & Crime Commissioners
TOTAL FUNDS		 Incoming
Resources
Movement
resources
expended
in funds
£
£
£
940,033
(948,737)
(8,704)
10,000
(99)
9,901
10,000
(10,000)
-
10,000
(7,000)
3,000
30,000
(17,099)
12,901
970,033
(965,836)
4,197

Each restricted and designated fund has sufficient resources to enable the fund to be applied in accordance with the restrictions imposed.

ii) Nottinghamshire- MFSS - The final year of a 3-year funding project by the Notts PCC to develop a Knife and Hate Crime aspect to our primary programme and subsidise the delivery of the new programme within Nottinghamshire schools at a rate of 50%.

iii) City of London Schools - The local unit closed, this fund is set aside for if the City of London ever want to use it again.

v] Awards for All - this is for the redevelopment of the Ontrack programme.

vii) Clothworkers Foundation - This was for purchase of computer equipment and has been fully expended.

viii) Police & Crime Commissioners - for the development of a football based game.

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 August 2022.

Page 17

LIFE SKILLS EDUCATION CHARITY

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 August 2022

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
Activities for generating fund
School programme
Other income
Total incoming resources
EXPENDITURE
Raising donations and legacies
Marketing and advertising
Charitable activities
Wages
Social security
Pensions
Rent
Insurance
Telephone
Postage and stationery
Travel costs
Workbooks and direct costs
Teacher training costs
Website and IT costs
Repairs and maintenance
Accountancy
Professional fees
Other costs
Recruitment
Fixtures and fittings
Computer equipment
Bank loan interest
Total resources expended
Net (expenditure)/income		 2022
£
147,118
-
147,118
262,070
6,442
268,512
415,630
2,632
300,533
10,449
4,186
2,185
1,755
2,405
3,163
21,468
36,264
13,873
16,453
571
4,222
16,429
3,339
1,498
1,578
13,466
801
454,638
457,270
(41,640)		 2021
£
110,448
24,743
135,191
418,741
471
419,212
554,403
7,698
345,618
11,380
3,852
13,034
1,703
3,312
3,958
27,300
8,472
7,391
27,865
5,138
4,498
10,638
11,939
2,293
442
12,035
-
500,868
508,566
45,837

This page does not form part of the statutory financial statements

Page 18