SOCIAL MOBILITY
BUSINESS PARTNERSHIP
Trustees, annual report {Includlng Directors, report} for the perlod
From: 16t January 2020 10 31 sl December 2020
Charlty namo.. Social Mobility Business Partnershlp
Charlty registration number: 1174309
Company numbor.. CE010808
Oblectlve8 and a¢tlvitle8
SORP reference
Summary of the purposes of
the charity as sel out in ils
governing document
Para 1.17
The objeGls of SMBP are lo advance the
oducalion of young people from low income
backgrounés in particular bul not exclusively
by..
lal providing and facililaling opportunities
for them lo obtain work experience with
organisalions working in or with the
professions of law and accountancy, and
such other professions and fields as the
Trustees In their absolute discretion see fit..
an
Ibl advising and assisting them to achieve
the necessary qualifications arid lo enter and
progress in careers in such professions and
fields.
Summary of the main activities
in relation to those purposes for
the public benefil,in particular,
the aclivilies, projeds or
services identified in the
accounts.
Para 1.17 and
1.19
A volunleer-led charity, SMBP is a
collaboration of over 160 commercial
organisalions, professional services firms
and profession81 sports teams working
across nineteen towns and cities in England,
Scotland and Northern Ireland and Wales.
All the SMBP Partners are commilled lo
supporting Year 12 students from low
income backgrounds in their pursuit of a
career In business1 Since 2014, SMBP has
grown from offering opportunilies lo 20
students in London, lo over 700 sludenl
places across the UK in 2021.
Students benefit from spending a day with
four different businesses in a week, learning
through inleraclive business games, and
spend the fifth day al a professional sports
cILJb where they learn about the psychology
of resilience. A SMBP Career Mentoring
Plarform (via htl s.'Ilsmb
.or
.ukl
rou
menlorin
11 then supports them through
their journey lo a career by providing access
lo advice on the creation of Personal
Slalemenls, Cvs and completion of
application forms and guidance on how lo
prepare for interviews.
In addition lo the aforemenlloned website.
sludenl travel and Resilience Day costs, the
other main area of expenditure is on staff,
advisory costs and adminislralion,
Slalemenl confiming whether
the Iruslees have had regard lo
the guidance issued by the
Charity Commission on public
benefit
Para 1.18
The guidance issued by the Charity
Commission on public benefit has been
circulated lo Trustees and the Trustees have
had regard lo the same al all relevant limes.
l Year 12 studen15 in England and Wales. Year 13 students in Northern Ireland, S5 and S6 students
in Scotland.
Additional informatlon loptionall
You may choose lo include further statements where relevant about..
SORP reference
Policy on grant making
Para 1.38
SMBP is not a grant making charity
Policy on social investment
including program related
investment
Para 1.38
SMBP does nol engage in investment
aclivlly
Contribution made by
volunteers
Para 1.38
SMBP is supported by over 700 volunteers
across 20 clusters. Key roles are Cluster
Head, Siudenl Sourcing Lead and
Resilience Lead, supported by volunteers
from 811 our partners who help lo deliver the
programme on the day and chaperone
students during Iransportalion.
The CIu51er Head lakes overall responsibility
for project managing the cluster working
closely with the Student Sourcing Lead and
Resilience Lead. They manage and maintain
relationships with all commercial partners
and employee volunteers and arrange
regular meetings lo ensure they are on track
lo deliver an inleraclive and engaging day
for the students and lo prevent any
duplication of material.
Safeguarding is key lo the weKare of
students and Cluster Heads are responsible
for ensuring that all partners have completed
and submilled a health & safely assessment
relevant lo their premises. They also ensure
DBS certificates are in place for 8 lead
chaperone who volunteers lo accompany
students on long train or coach journeys
during the programrne.
The Student Sourclng Lead is the main
contact for law fimis and education partners
at recc¥Jnised schools arKI colleges and wll
often vlslt schools and colleges lo promote
the scheme. Their role is to ensure selected
students frt the criteria of the programme and
will work closely with the brokerage I
education contscts lo ensure thls Is adhered
to. They work with the cluster head to ensure
all relevant forms are conipleted In a limely
and regulalory manner.
The Resilience Lead works w4th the sportlng
partner for each dust8r to assist with the
delivgry of the SMBP resillence day.
Ea¢h participating business partn8r wsthin all
of th8 20 cluslors could not run their SMBP
day without the help of the three or more
employees Ihat volunteer their lime to assist
wrth the dolfvory of the day on Iheir slle.
Where ¢oa¢hes or long group train loumeys
are arT8nged by SMBP for travel. employees
also volunteer as chaperones to ensure
students 8r8 accompanied, with one lead
chaperone complellng an enhanced DBS
check.
NIA
Other
Achlevem•nts and Perfonnancg
Summary ofthe main
achievements of the charity,
identifying the difference the
charity's work has made to the
circumslanc6s of its
beneficiaries and any wider
benefits to society as a whole.
Para 1.20
Working with Year 12 slate school students
from low income backgrounds, the Gharity
works to broaden access lo business.
with a focus on showcasing how commercial
teams work seamlessly with their legal and
ffinan colleagues to deliver business strategy.
It is the first and only programme in the UK that
enables students to see all three key elemenls
of business in this way.
Slud8nts attend a Work Insight and Skills week,
spending a day at four different businesses and
a fifth day al a professional sports club where
students learn aljout the psychology of
resilience and goal achievement models.
supported by our delivery partner Cleartrack
Performance.
In total there are 20 dusters spread across the
UK, supporting students from Belfast,
Birmingham. Blackpool. Bradford, Brighton.
Bristol, Dorsel, Glasgow, Leeds, Greater
London, Manchester. Norwich. Oldham, South
Yorkshire and Reading.
In 2021, In Ilne with an ongolng commitment to
increase the number of student placements
acros5 the UK, the Scheme aims to extend ils
programme to include students from Cardlff,
Rugby. the North East and Cambridge and
increas8 student pl8comenls in Belfast and
Greater London. SMBP employs Mo full time
members and one part lime mgmbers of staff
and is grateful to the 700 plus volunteers within
the participating businesses, who doliver
conlenl on SMBP days or tske responsibillty for
central functions under the direction of the
SMBP team.
All students who attend the Programme can
register on SMBP'S bespoke Career Mentoring
Platfomi. Participating students can draw on
the experience of business. legal and finance
professionals for advice on WTiting impactful
Cvs and personal st8tements. completing
university and job appli(ztion forms and
prepping for an interview. As well as guidance,
students can opl to receive information and
signFrt)sting to employment opportunities and
recruitment events at our partner organisations.
SMBP is affecting a sea change in the way
work experience in the UK is delivered by
creating a mcKlel whith tsckles the issue of18ck
ol resoL¢rce and budget to deliver meaningful
employer exp8Nences.
SMBP was highlighted by Justine Greening at
the launch of her soci81 mobility pledge as a
best practice example of collaboration 8nd
coordination. B8rry Matthews. SMBP Founder.
has also been centr811o the development of the
pledge.
Our full Impact Report tan b8 found here..
htt s..// mb
Im
actl
Studènts who •tt•ndgd thg 2020 SGh8mo
and complotod tho Impact Survèy
¢on¢ludgd:
99% sald th8y would recommend the SMBP
Programme to other students.
91 OA came away with relevant experience they
Can In¢lude on Cvs and talk about in
Inlervlews.
91% have leamt ab¢xrt practical things they can
do to ensure that I reach my care8r goals.
910A ststed that the experign¢e 11 strengthen
their personal statement for universty.
90% understand better how a business
operates and what they aTr looking for in
employees.
89% have an understanding of the
qualifications needed lo sbjdy law.
61% have an undorstanding of the
qualifications needed lo Study accountsncy.
85% felt motivated to ahleve Iheir career goals.
91% had a better understanding of th8 different
career opportunities in business.
SM8P's Studgnt Exp8rience18am is run by
three alumni students on a volunteer basls.
Each are restx)nsible for different stages of a
students, placement with us..
The Head of Student Sourcing is in charge of
all comms that go to students ahead of the
SMBP week. It is vitsl 811 Students feel prepared
ahead of attending the SMBP week to avoid
Unness2ry student dropouts. This indudes
sdent onboarding comms. the SMBP Student
App registr8tion process 8nd simple user
guides designed to prepare studenls for th6
week e.g. How to get the m05t out of the SMBP
Career Mentoring Platform
The Head of Student Experi8nce is responsible
for the cur8tion of the common core elements
of a SMBP week {induding the Induction
session) and impact reporting They review the
content and the impact suNey results each
year lo ensure reoccuffing student feedback is
factored into the delivery of the following year.
The Head of Sludenl Alumni oversees our
various loijchpoints with students once they
have e()mpleted the SMBP week. Thls Includes
a Llnk8dln Ne0rk for students onctr they are
over 18, "Recnjitment Biles. which inform
students of further SMBP partner opportunlll8s
lincluding paid inlemship8 and employment
opportunities) and a Quarterly Newsletter.
Addltlonal Infomiatlon (optlonal}
You may choose lo include further statements wher8 relevant about..
A¢htevoments against
oblecllveg sel
Para 1.41
Isee above)
Performance of fundraising
activities agalnst objectives set
Para 1.41
NIA
Running costs met by corporate funding
partners
Investment perfom)ance
against objectives
Para 1.41
NIA
Other
NIA
Flnan¢io1 rgvlgw
Review of the charity's financial
position at the end of the period
Para 1.21
As at 31.12.2020. the charity holds
£174,682, in urirestriGted funds. being our
cash in bank. A further £5,000 is held in
restricted funds, as deferred income relating
to 2021 scheme donakn'ons. The charity has
no othgr fixed or CUent assets.
Apart from th& aforementioned deferred
incom6, the only liabililles the charity has is
£4,429 Grgditor lo our ponsion provider and
HMRC, which was settled within 30 days of
year end131.12.2020).
The total Income for the period was
£230.853. The total expenditure was
£220.435. The reserve$ of £170.252 amount
10 77% of the total Year 3 spend and 81% of
the forecast spond in Year 4. With 8 hoalthy
cash positton. we do not envisage any
problems in meeting our expenses as they
f811 due.
statement explaining the poll¢y
for holding reserves ststing why
th8y are held
Para 1.22
We wlll always alm lo have £113.000 of
funds in reserve. Thls level was chosen as r(
amounts to approximately half of the average
annual funding requlremenls. All Tier l and
Tier 2 Funders have expressed a nonbinding
intent lo fund for a minimum of five years.
Should funders chooge not lo fund SMBP
beyond year 5, it will be able lo continue to
operate for at least six months providlng
sufflcient time to find furth8r funding.
The reserves policy wll be rewewed annually
to take into account any changing financial
circumstances. Finances will be regulady
monitored by the Head of Finance, and
should they fall to the reserve level, The
Board will be promptly notsfied.
Amour*t of reserves held
Para 1.22
£170,252
Reasons for holding zero
resee$
Para 1.22
NIA
Details of fund materially in
deficit
Para 1.24
NIA
Explanation of any uncertalntles
about the charty continuing as
a going concem
Para 1.23
There are no uncertainties about the charity's
ability lo continue as a going cOnrn.
Funding has b8en secured lo cover all
forecast expenses of the 2021 scheme. All
P8rtner$ arKI trustees are sttll on board. Key
personnel remain in Flace. and our netr
of volunteers continue lo support the charity.
Addltlonal Inforniatlon (optlonal}
You may choose lo includo furth8r statements wherg rglgvanl about..
The charty's princlpal sources
Para 1.47
SM8P is based on the spirit of collaboration
of funds {including any
and th8 principle that 811 participating
fundralsingl
organisations give their lime without charge.
The running Costs of th$ ¢harty a met by
funding from a number of organisations.
Investment policy and
objectives includlng any soclal
investment pollcy 8dopled
Para 1.46
NIA
The ¢harlty does not make any Investm8nts
or so¢lal Inveslmenls.
A descrlptlon of the prlndpal
risks faGing the charity
Para 1.46
NIA
The charity financial risk is underpinned by
s corporate funders and the financlal
reserves policy, as noted above.
Other
NIA
structur•. gOwrnan and management
DesiptIOn of charitable trusts..
SMBP does not have any charitable trugts.
Type of goveming document:
Para 1.25
SMBP is govemed by Its Const4tuUon ag
published on the Charity Commission's
website.
How is the charity cJJnstituted?
Para 1.25
The Charity is registered as a CIO
Trustee selection mathods
including details of any
constltutlonal provlsions e.g.
election to post or name of any
person or body entSlled lo
apwlnt on& or more trustees
Para 1.25
Trustees are gènerally selected from one of
the 152 businesses that support SMBP.
based on Ihelr exp8rt1$8 In wnnlng slmllar
schemes and large-scale CSR prolects.
Addltlonal Infomiatlon lopllonal)
You may ch¢Jose to Indude fvrther statements where relevant about:
Policies and proceduffjs
adopted for the induction and
training of trustees
Para 1.51
When a new tNsleg is voted in. Ihe General
Counsel will undertake the following process..
Send a form to the new trustee to
collect information required for Charity
Commission registration;
Register trustee with the Charity
Commission.,
Notify Head of Operations to conduct
a D8S check for the trustee,.
Send a copy of SMBP'S Constitution
lo trustee,. and
Send copies of the fdlowing policles..
SMBP'S Safeguarding Policy
(along with link to guidance at
htt s'.Ilwww.
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afe
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chari
SMBP'S Criminal Finances
Act Policy-
SMBP'9 Data Protsction
Policy {inlemall',
11
SMBP'S Statement of
Purpose, Objectives and
Values.. and
Charity Commission's 3
pieces of guidance on Public
Benefit..
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SMBP 8180 arranges an annual training
session, delivered by a charity department at
a law firm. on the r8sponsibili118s of Iru8te88,
with a focus on the Charity Governance Code.
SMBP has 14 Trustees: 12 from the followlng
organisalions.. Osborne Clark8. Overture
London, Provident Financial, Mishcon de
Reya. Slmply 8uslnes$, Slaughter and May,
Reed Smith, CMS Cameron McKenna
Nabarro Olswang, Squire Patton Boggs.
Clifford Chance. Burges Salmon and BT and
tsvo independont trustees.
The tharity's organisatlonal
structure and any wider
network wrth whth the Charfty
works
Para 1.51
The charity employs a Programme Director
IFfEI, a Head of Operations {PTEI and an
Senior Operations ExeGUtive {FTE).
This employee team is supplementéd by
consullant support from the Lexjam
Consulting (Principal Consultant of LJC being
the Founder) and the following volunteer
executive roles.. Head of Resilience, Head of
Finance. Head of Technology, Safeguarding
Officer, General Counsel and the Student
Experience team consisting of Head of
Student Sourcing. Head of Student
Experien and Head of Alumni
Relationship wth any related
partie9
P8r8 1.51
SMBP works in collaboration with other
charities to improve social mobllity indudlng
the Sutton Trust and Intouniversity.
SMBP also partners with th8 regulatory
bodies for the professions who co-authc
student materials for the SMBP Student App.
They are.. SFIA.. CILEX.. Bar Standards Board.
Faculty of Advocates; Law Society of
Scotland; ICAEW.. ICAS.. and ACCA.
Charlty Governance Code 2017
s:Ilwww.charl
ov8rnanc8
Other
odè.o
As noted ab)ve. SMBP arranges an annual
training sesslon for the Iru8lees, delivered by a
chartty department al a law firm, on the
responsibilities of tnjstees, with a focus on the
Charity Goveman¢e Code.
SMBP'S Statement of Purpose, Objectives and
Values that is followed by the Trustees is also
baged on the Code (See Appendlx 11.
Charltl95 (Protectlon and Soclal
Invastm•ntl A¢t 2016
SMBP does not meet the threshold above
which additional reporting is required under the
Charilieg (Protecllon and Social
Investment) Act 2016.
Reference and admlnlstratlve detalls
Charity name
Soclal Moblllty Business Partngrshlp
Other name the charity uses
SMBP
Registered charity number
1174309
Charity's PTlncipal address
08bourne Clarke, On• London Wall, London, EC2Y SE8
Names of th6 charlty tru8t•#8 who manage tho charlty
Trustee namo
Offlce (If any)
Datos acted If not
for whole year
Name of pgrJon lor
body) èntltlèd to
appolnt truste• (If
any)
Andrew Garard
Chairman
18.08.2017 to current
Russell Johnstone
30.01.2019 to ujrrent
Joanne Theodoulou
26.09.2018 to current
Robert Halton
24.05.2018 to Current
Carole Mehigan
Safeguarding
Offi¢er
24.01.2018 to current
Robert Elvln
24.01.2018 to ¢urrent
Guy Norman
24.01.20181o current
Jamie White
24.01.2018 to current
Dominic Robertson
01.06.2020to
current
Ray Berg
18.08.2017 to
cuffent
K8vin Gold
18.08.2017 to
Currer¢t
Sarah-Jane
Macdonald
24.01.2018 to Cufrent
Tanya Franics
09.06.2021 to current
Rotert Lawson
17.10.2019 to CUTrent
Corporate trustses- names of tho dlrectors at thè date tho report was approv6d
NIA
Name oltrustoés IldIng tltl• to prop•rty bolonglng to the charlty
NIA
Funds held as cu8todlan trustses on bghaw of othern
Description of the assets held
in this capacity
NIA
Name and objects of the
charity on whos8 behaw the
assets are held and how this
falls within the custodian
charity's objects
NIA
Detallg of arrangements for
safe custody and segregatlon
of such assels from the
charty's own assets
WA
Names and addre88e8 of adv180rs loptlonal Infomiatlon)
Type of advlser
Name
Addres8
General Counsel
Shelley Bezalel
Osbome Clarke, One London Wall. London.
EC2Y SEB
Consuttant
Isambard
Innovation Limited
tr8ding as Lexjam
ConsLrting
James House. 70 Chipslead Park, Sevenoaks,
TN13 2SH
Head of Finance
Robert Henson
Osborne Clarke. One London Wall. London.
EC2Y SEB
Head of
Technology
Annette Brown
Osborne Clarke, One London Wall, London,
EC2Y SEB
Nam• of chlef executive or names of senlor staff members (optional information}
Rose Firth {Head of Operations} and Jessica Organ (Programme Director)
EJtemptlon8 from dl8clo8ur•
NIA
Other optlonal Infomation
NIA
Docl•rotlons
The company hai tak•n advantag• of th• #mall companlos, exemption In
preparlng the rnport above.
Tho tru•tw• doclare that they have approved thè tfU8tO98' report Ilncludlng
dirgCtor8' report) above.
Slgnod on b•half of thg charlt
'6 tru8toe8ldlr•ctor8'.
Slgnaturns
Full namès
Andrew Garard
Carole Mehigan
Position
Chair
Safeguarding Officer
Full namos
Andrew Garard
Carole Mehigan
Posltlon
Chair
Safeguarding Officer
ISlio/u
zsiioILI
Appendlx 1: SMBP'S Statement of Purpose. Objectlvos and Values
Statoment of Purpose. ObJectlv8s and Valugs
Purpose
SM8P's purpose is as set out in its Constitution..
"The Objects of the CIO are 10 8dvan¢e the education of young people from low income backgrounds
in particular but not exduswely by:
11 } providing and facilitatlng opportunlle$ for Ihem to obtain work experlence wlth
organisations working in or with the professions of law and accountsncy. and such other
professions and fleldg as the Trustees in their absolut8 discretion see fit,. and
121 advising and assisting them to achieve the necessary qualrfications and to enter and
progress in c8reers In such professions and fields."
Objoctlves
SMBP is dedicated to broadening aGcess to thelggal and accountancy profeSSnS by delivering work
Insight and skills training and ongoing c08ching $upport to secondary slate school students from low
income backgrounds. This does not mean that only slud8nts who want to go into law and accounting
are accepted on the programrne. Ullim8tely, even if a particlpant decides that a career in law or
8ccountancy is not for them, we consider the programmg to have been successful in enabling that
student to take infonned de¢lslons about Ih8ir future and Improving their understsnding of buslness.
SMBP'S obleclives can be 5ummarised as follows..
{11 break down psychological 'fittlng in, barriers students may experience when entering the worfd of
businass by providing them with an opportunity lo experien¢9 different working environments and
meet the professionals within them..
{21 develop students. commercial awareness and skills In the followlng areas.. Inlervlewlng, team
working, relationship building. presenting, influencing. resilience, goal planning and negotiation,.
(31 arm students with multiple corporate brand names to create stand out Personal Stalements and
Cvs.,
{41 provide engaging buslness game and focussed work insight eXperIenS to create anecdotes to
enable students to confidenuy answer competency quesliorss asked during university and job
inteNiews" and
15) assist students with each slep of their careerjoumey through onllne virtual coaching on Personal
SlatemenVCV creation, completion of application fomis and interview preparation.
Valu•¥
SMBP aligns its values to the Charity Govemance Ccxje. This is a 'best practice, code set up by the
Charity G0Veman Code Steering Group,. a voluntary, cross Gharity sector (x)Ilaboralion. The Chanty
Commission acts as an observer lo this group.
SMBP'S values are a5 folkiws..
(11 SMBP'S trustees are clear about SMBP'$ aims and ensure that Ihese are being delivered
effectively and sustalnabty. They provide strategic leadership in line wth SMBP'S aims and values.
{21 The trustee$ ad wth integrty.. adopting values and creating a cutture thal helps achieve SMBP'S
charitable purposes. The board of trustees is aware of the imp)rtanc8 of the public's confidence and
trust in charits8s and trustees undertake thelr duties accordingly.
(3} The Irustees make sure that th8ir deasion-making Processes are informed, vigorous and timely.
(41 The trustees work as an effectlve team, using the appropri8te balance of skllls, experience,
background and knoedge to take informed decisions.
(51 The trustees, approach to diversity supports SMBP'S effectSveness. leadershlp and declsion-
making.
16} The Iwstees lead SMBP in being transparent and accountsble. SMBP 18 open in its work. unless
there is good reason for il not lo t.
Social Mobility Business Partnership 1174309 Annual accounts for the period Period start date **01/01/2020 To 12/31/2020**
## **Section A Statement of financial activities**
|
**Recommended categories by**
**activity**|Guidance Notes
|
**Unrestricted**
**funds**|
**Restricted**
**income**
**funds**|
**Endowment**
**funds**|**Total funds**|**Total funds**|**Prior year**
**funds**|
|---|---|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**||**£**|
|**Incoming resources (Note 3)**||F01|F02|F03|F04||F05|
|**Income and endowments from:**||||||||
|Donations and legacies|S01|228,126|2,728|-|230,853||239,530|
|Charitable activities|S02|-|-|-||-|-|
|Other trading activities|S03|-|-|-||-|18,181|
|Investments|S04|-|-|||-|-|
|Separate material item of income|S05|-|-|-||-|-|
|Other|S06|-|-|-||-|-|
|**_Total_**|S07|228,126|2,728|-|230,853||257,710|
|**Resources expended (Note 6)**||||||||
|**Expenditure on:**||||||||
|Raising funds|S08|501|-|-||501|6,295|
|Charitable activities|S09|200,406|2,728|-|203,134||185,231|
|Separate material item of expense|S10|-|-|-||-|-|
|Other|S11|-|-|-||-|-|
|**_Total_**|S12|200,908|2,728|-|203,635||191,526|
|**Net income/(expenditure) before investment**||||||||
|**gains/(losses)**|S13|27,218|-|-|27,218||66,184|
|Net gains/(losses) on investments|S14|-|-|-||-|-|
|**Net income/(expenditure)**|S15|27,218|-|-|27,218||66,184|
|**Extraordinary items**|S16|- 16,800|-|-|- 16,800||-|
|**Transfers between funds**|S17|-|-|-||-|-|
|**Other recognised** **gains/(losses):**||||||||
|Gains and losses on revaluation of fxed assets for the charity’s own use|S18|-|-|-||-|-|
|Other gains/(losses)|S19|-|-|-||-|-|
|**_Net movement in funds_**|S20|10,418|-|-|10,418||66,184|
|**_Reconciliation of funds:_**||||||||
|Total funds brought forward|S21|159,834|-|-|159,834||93,650|
|**_Total funds carried forward_**|S22|170,252|-|-|170,252||159,834|
|1||||||||
## **Section B Balance sheet**
|||Guidance Notes|**Unrestricted**
**funds**|**Restricted**
**income**
**funds**
**Endowment**
**funds**|**Restricted**
**income**
**funds**
**Endowment**
**funds**||
|---|---|---|---|---|---|---|
||||**£**|**£**|**£**||
|**Fixed assets**|||F01|F02|F03||
|**Intangible assets**|**(Note 15)**|B01|-||- -||
|**Tangible assets**|**(Note 14)**|B02|-||- -||
|**Heritage assets**|**(Note 16)**|B03|-||- -||
|**Investments**|**(Note 17)**|B04|-||- -||
|**Current assets**|**_Total fxed assets_**|B05|-||- -||
|**Stocks**|**(Note 18)**|B06|-||- -||
|**Debtors**|**(Note 19)**|B07|-||- -||
|**Investments**|**(Note 17.4)**|B08|-||- -||
|**Cash at bank and in**|**hand (Note 24)**|B09|174,682|5,000 -|||
|**_Total current assets_**||B10|174,682|5,000 -|||
|**Creditors: amounts**|**falling due**||||||
|**within one year**|**(Note 20)**|B11|4,429|5,000 -|||
|**_Net current assets/(liabilities)_**||B12|170,252||- -||
|**_Total assets less_**|**_current liabilities_**|B13|170,252||-**-**||
|**Creditors: amounts**|**falling due after**||||||
|**one year (Note 20)**||B14|-||- -||
|**Provisions for liabilities**||B15|-||- -||
|**_Total net assets or liabilities_**||B16|170,252||- -||
|**Funds of the Charity**|||||||
|**Endowment funds (Note 27)**||B17|-||- -||
|**Restricted income funds (Note 27)**||B18|||- -||
|**Unrestricted funds**||B19|170,252||- -||
|**Revaluation reserve**|**_Total funds_**|B20
B21|170,252||- -||
|Signed by one or two trustees on behalf of all|||||||
|the trustees|||Signature||Print N||
CC17a (Excel)
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**----- Start of picture text -----**
Total this Total last
year year
£ £
F04 F05
- -
- -
- -
-
- -
- -
- -
- -
179,682 210,802
179,682 210,802
9,429 50,967
170,252 159,834
170,252 159,834
- -
- -
170,252 159,834
- -
- -
170,252 159,834
-
170,252 159,834
Date of
Name approval
dd/mm/yyyy
**----- End of picture text -----**
CC17a (Excel)
3
10/28/2021
## **Section C Notes to the accounts**
Note 1 **Basis of preparation**
_**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
the Statement of Recommended Practice: Accounting and Reporting by Charities • and with* ü preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with* ü the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
• and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*
* -Tick as appropriate
## **1.2 Going concern**
_**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
An explanation as to those factors that support _**Funding secured for the 2020 scheme. Partner organisations**_ the conclusion that the charity is a going _**still on board. Volunteers and employees in place to**_ concern; _**continue charitable activities.**_ Disclosure of any uncertainties that make the _**Not Applicable**_ going concern assumption doubtful; Where accounts are not prepared on a going _**Not Applicable**_ concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
## **1.3 Change of accounting policy**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }. Yes* ü * -Tick as appropriate No* ü _**Please disclose: Not Applicable (i) the nature of the change in accounting policy; Not Applicable**_
_**(ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and**_
_**(iii) the amount of the adjustment for each line Not Applicable affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.**_
## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP). Yes* ü No* ü * -Tick as appropriate _**Please disclose: Not Applicable (i) the nature of any changes; Not Applicable**_
_**(ii) the effect of the change on income and expense or assets and liabilities for the current period; and**_
_**(iii) where practicable, the effect of the change in one Not Applicable or more future periods.**_
## **1.5 Material prior year errors**
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
Yes* ü No* ü * -Tick as appropriate _**Please disclose: Not Applicable (i) the nature of the prior period error; (ii) for each prior period presented in the accounts, the Not Applicable amount of the correction for each account line item affected; and**_
_**(iii) the amount of the correction at the beginning of Not Applicable the earliest prior period presented in the accounts.**_
CC17a (Excel)
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4
## **Section C**
## **Note 2 Accounting policies**
_Please complete this note when first reporting under FRS2102. presented, if all are applicable._
## **2.1 RECONCILIATION WITH PREVIOUS GE PRACTICE**
**Please provide a description of the nature of each change No Change in accounting p in accounting policy**
## _**Reconcilation of funds per previous GAAP to funds dete**_
**Start of End of period period £ £ Fund balances as previously stated** _**Adjustments:**_ **Fund balance as restated** _**Reconcilation of net income/(net expenditure) per previ FRS 102**_ **End of period £ Net income/(expenditure) as previously stated** _**Adjustments:**_
_**Reconcilation of net income/(net expenditure) per previ FRS 102**_
**Previous period net income/(expenditure) as restated**
CC17a (Excel)
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5
## **Notes to the accounts**
_. Section 35 of FRS102, requires 3 reconciliations to be_
## **ENERALLY ACCEPTED ACCOUNTING**
**policy**
## _**ermined under FRS 102**_
## _**ious GAAP to net income/(net expenditure) under**_
CC17a (Excel)
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## **Section C Not**
## **Note 2 Accounting policies 2.2 INCOME**
_This standard list of accounting policies has been applied b different or additional policy has been adopted then this is_
|**Recognition of income**|These are included in the Stat|
|---|---|
||· the charity becomes ent|
||· it is more likely than not|
||· the monetary value can|
||There has been no ofsetting o|
|**Ofsetting**|permitted by the FRS 102 SOR|
||Grants and donations are only|
|**Grants and donations**|criteria are met (5.10 to 5.12|
||In the case of performance re|
||that the charity has provided|
||only occurs when the perform|
|**Legacies**|Legacies are included in the S|
||grant of probate, the executo|
||estate and any conditions atta|
||charity or have been met.|
|**Government grants**|The charity has received gove|
||Gift Aid receivable is included|
|**Tax reclaims on**|Any Gift Aid amount recovere|
|**donations and gifts**|treated as an addition to the s|
||terms of the appeal have spec|
|**Contractual income and**|This is only included in the So|
|**performance related**|services or met the performan|
|**grants**||
|**Donated goods**|Donated goods are measured
exchanged) unless impractica|
||The cost of any stock of good|
||the fair value of those gifts at|
||receipt. In the reporting perio|
||as an expense at the carrying|
||Donated goods for resale are|
||expected proceeds from sale|
||from other trading activities' w|
||sheet. On its sale the value o|
||activities' and the proceeds fr|
||activities'.|
||Goods donated for on-going u|
||and included in the SoFA as in|
Gifts in kind for use by the ch when receivable. **Donated services and** Donated services and facilitie **facilities** the gift to the charity provided Donated services and facilitie with an equivalent amount re the SOFA. **Support costs** The charity has incurred expe The value of any voluntary he **Volunteer help** in the trustees’ annual report **Income from interest,** This is included in the accoun **royalties and dividends** be measured reliably. **Income from** Membership subscriptions rec **membership** and Legacies. **subscriptions** Membership subscriptions wh benefits are recognised as inc income from charitable activit Insurance claims are only incl **Settlement of insurance** criteria are met (5.10 to 5.12 **claims** in the SoFA. **Investment gains and** This includes any realised or u **losses** any gain or loss resulting from year. **2.3 EXPENDITURE AND LIABILITIES Liability recognition** Liabilities are recognised whe constructive obligation comm the obligation can be measure Support costs have been alloc **Governance and support** Governance costs comprise a **costs** compliance with regulation an Support costs include central categories on a basis consiste by floor areas, or per capita, s Where the charity gives a gra **Grants with performance** service or output to be provid **conditions** recipient of the grant has prov Where there are no conditions **Grants payable without** realistically avoid the commit **performance conditions** recognised. **Redundancy cost** The charity made no redunda
**Deferred income** No material item of deferred i The charity has creditors whic **Creditors** discounts A liability is measured on reco **Provisions for liabilities** measured at the best estimat reporting date The charity accounts for basic **Basic financial** paragraph 10.7 FRS102 SORP **instruments** 11.19, FRS102 SORP. **2.4 ASSETS Tangible fixed assets for** These are capitalised if they c **use by charity** They are valued at cost. The depreciation rates and m **Intangible fixed assets** The charity has intangible fixe physical substance but are ide or legal rights. The amortisat They are valued at cost. **Heritage assets** The charity has heritage asse scientific, technological, geop maintained principally for the rates and methods used as di They are valued at cost. **Investments** Fixed asset investments in qu valued at initially at cost and end. The same treatment is a measured reliably in which ca Investments held for resale or maturity date of less than 1 y **Stocks and work in** Stocks held for sale as part of **progress** realisable value. Goods or services provided as based on the service potentia Work in progress is valued at Debtors (including trade debt **Debtors** settlement amount after any t they are measured at the cas The charity has has investme **Current asset** equivalents with a maturity da
**Current asset investments**
equivalents with a maturity da equivalents with a maturity da to meet short term cash comm
They are valued at fair value e
**POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE**
**tes to the accounts (cont)**
_by the charity except for those ticked "No" or "N/a". Where a detailed in the box below._
tement of Financial Activities (SoFA) when: titled to the resources;
that the trustees will receive the resources; and be measured with sufficient reliability.
of assets and liabilities, or income and expenses, unless required or RP or FRS 102.
y included in the SoFA when the general income recognition FRS102 SORP).
lated grants, income must only be recognised to the extent the specified goods or services as entitlement to the grant mance related conditions are met (5.16 FRS 102 SORP).
SOFA when receipt is probable, that is, when there has been rs have established that there are sufficient assets in the ached to the legacy are either within the control of the
## ernment grants in the reporting period
in income when there is a valid declaration from the donor. ed on a donation is considered to be part of that gift and is same fund as the initial donation unless the donor or the cified otherwise.
oFA once the charity has provided the related goods or nce related conditions.
at fair value (the amount for which the asset could be al to do so.
s donated for distribution to beneficiaries is deemed to be t the time of their receipt and they are recognised on od in which the stocks are distributed, they are recognised g amount of the stocks at distribution.
measured at fair value on initial recognition, which is the less the expected costs of sale, and recognised in 'Income with the corresponding stock recognised in the balance of stock is charged against 'Income from other trading rom sale are also recognised as 'Income from other trading
use by the charity are recognised as tangible fixed assets ncoming resources when receivable.
**----- Start of picture text -----**
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü
ü ü
Yes No N/a
ü
ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
**----- End of picture text -----**
arity are included in the SoFA as income from donations
s are included in the SOFA when received at the value of d the value of the gift can be measured reliably.
s that are consumed immediately are recognised as income cognised as an expense under the appropriate heading in
enditure on support costs.
elp received is not included in the accounts but is described
**----- Start of picture text -----**
.
**----- End of picture text -----**
ts when receipt is probable and the amount receivable can
ceived in the nature of a gift are recognised in Donations
ich gives a member the right to buy services or other come earned from the provision of goods and services as ties.
uded in the SoFA when the general income recognition FRS102 SORP) and are included as an item of other income
unrealised gains or losses on the sale of investments and m revaluing investments to market value at the end of the
re it is more likely than not that there is a legal or itting the charity to pay out resources and the amount of ed with reasonable certainty.
cated between governance costs and other support. ll costs involving public accountability of the charity and its nd good practice.
functions and have been allocated to activity cost ent with the use of resources, eg allocating property costs staff costs by the time spent and other costs by their usage.
nt with conditions for its payment being a specific level of ed, such grants are only recognised in the SoFA once the vided the specified service or output.
s attaching to the grant that enables the donor charity to ment, a liability for the full funding obligation must be
ncy payments during the reporting period.
**----- Start of picture text -----**
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
**----- End of picture text -----**
**----- Start of picture text -----**
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
**----- End of picture text -----**
**----- Start of picture text -----**
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
ü ü ü
Yes No N/a
**----- End of picture text -----**
ncome has been included in the accounts.
ch are measured at settlement amounts less any trade ognition at its historical cost and then subsequently te of the amount required to settle the obligation at the c financial instruments on initial recognition as per P. Subsequent measurement is as per paragraphs 11.17 to
can be used for more than one year, and cost at least
ethods used are disclosed in note 9.2.
ed assets, that is, non-monetary assets that do not have entifiable and are controlled by the charity through custody tion rates and methods used are disclosed in note 9.5
ts, that is, non-monetary assets with historic, artistic, physical or environmental qualities that are held and ir contribution to knowledge and culture. The depreciation sclosed in note 9.6.1.4.
oted shares, traded bonds and similar investments are subsequently at fair value (their market value) at the year applied to unlisted investments unless fair value cannot be ase it is measured at cost less impairment.
r pending their sale and cash and cash equivalents with a year are treated as current asset investments
f non-charitable trade are measured at the lower or cost or net
s part of a charitable activity are measured at net realisable value al provided by items of stock.
cost less any foreseeable loss that is likely to occur on the contract.
ors and loans receivable) are measured on initial recognition at trade discounts or amount advanced by the charity. Subsequently, h or other consideration expected to be received.
nts which it holds for resale or pending their sale and cash and cash ate less than one year These include cash on deposit and cash
ü ü ü
except where they qualify as basic financial instruments.
Yes No N/a ü ü ü
**Section C Notes to the accounts**
## **Note 3 Analysis of income**
**----- Start of picture text -----**
Restricted
Unrestricted income Endowment
funds funds funds
Analysis
Donations Donations and gifts 225,213 2,728 -
and legacies: Gift Aid 2,913 - -
- - -
Legacies
General grants provided by government/other
charities - - -
Membership subscriptions and sponsorships
which are in substance donations - - -
- - -
Donated goods, facilities and services
Other - - -
Total 228,126 2,728 -
Charitable
activities: - - -
- - -
- - -
Other - - -
Total - - -
Other trading Fundraiser
activities: - - -
- - -
- - -
Other - - -
Total - - -
Income from Interest income - - -
investments: Dividend income - - -
- - -
Rental and leasing income
Other - - -
Total - - -
- - -
Separate
material item - - -
of income: - - -
- - -
Total - - -
Other: Conversion of endowment funds into income - - -
Gain on disposal of a tangible fixed asset held
for charity's own use - - -
Gain on disposal of a programme related
investment - - -
Royalties from the exploitation of intellectual
property rights - - -
Other - - -
Total - - -
**----- End of picture text -----**
CC17a (Excel)
10/28/2021
15
228,126 2,728 -
## **TOTAL INCOME**
## **Other information:**
**All income in the prior year was unrestricted except for: (please provide description and amounts)**
**Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion.**
**Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)**
£2,728 in donations which were specifi Not Applicable All lines are material
CC17a (Excel)
16
10/28/2021
**(cont)**
**----- Start of picture text -----**
Total funds Prior year
£ £
227,940 234,530
2,913 5,000
- -
- -
-
- -
-
230,853 239,530
- -
- -
- -
- -
- -
- 18,181
- -
- -
- -
- 18,181
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
**----- End of picture text -----**
CC17a (Excel)
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17
230,853 257,710
fically for student travel.
CC17a (Excel)
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10/28/2021
**Section C Notes to the accounts**
## **Note 4 Analysis of receipts of government grants**
**Description Government grant 1** Not Applicable, no grants received **Government grant 2 Government grant 3 Other Total** _**Please provide details of any unfulfilled conditions and other contingencies attaching to grants that have been recognised in income.**_ Not Applicable, no grants received _**Please give details of other forms of government assistance from which the charity has directly benefited.**_ Not Applicable, no grants received
CC17a (Excel)
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**(cont)**
|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**|
|---|---|
|-|-|
|-|-|
|-|-|
|-|-|
|-|-|
CC17a (Excel)
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10/28/2021
**Section C Notes to the accounts**
## **Note 5 Donated goods, facilities and services**
## **Seconded staff Use of property Other**
**Please provide details of the accounting policy for the recognition** We do not attribute a value to time that unpaid **and valuation of donated goods,** volunteers contibute to the charity, thus it is not **facilities and services.** recognised in the accounts. Nor is the use of property. **Please provide details of any unfulfilled conditions and other contingencies attaching to resources from donated goods and services not recognised in income.**
**Please give details of other forms of other donated goods and services not recognised in the accounts, eg contribution of unpaid volunteers.**
CC17a (Excel)
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10/28/2021
## **(cont)**
|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**|
|---|---|
|-|-|
|-|-|
|-|-|
|-|-|
CC17a (Excel)
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10/28/2021
**Section C Notes to the accounts**
## **Note 6 Analysis of expenditure**
|**Analysis**
Incurred seeking donations
501 - -
Incurred seeking legacies
- - -
Incurred seeking grants
Staging fundraising events
Fudraising agents
Operating charity shops
- - -
- - -
Database development costs
- - -
Other trading activities
Investment management costs:
- - -
Portfolio management costs
- - -
Cost of obtaining investment advice
- - -
Investment administration costs
- - -
Intellectual property licencing costs
- - -
- - -
- - -
**Total expenditure on raising funds**
501 - -
Staf Costs
124,128 - -
Student Travel and Catering
726 -
Website Costs
11,233 2,001 -
Materials
- -
Admin costs
59,043 - -
Resiliance Day costs
6,003 - -
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Expenditure on**
**raising funds:**
Operating membership schemes and
social lotteries
Operating a trading company
undertaking non-charitable trading
activity
Advertising, marketing, direct mail and
publicity
Start up costs incurred in generating
new source of future income
Rent collection, property repairs and
maintenance charges
**Expenditure on**
**charitable**
**activities**|**Analysis**
Incurred seeking donations
501 - -
Incurred seeking legacies
- - -
Incurred seeking grants
Staging fundraising events
Fudraising agents
Operating charity shops
- - -
- - -
Database development costs
- - -
Other trading activities
Investment management costs:
- - -
Portfolio management costs
- - -
Cost of obtaining investment advice
- - -
Investment administration costs
- - -
Intellectual property licencing costs
- - -
- - -
- - -
**Total expenditure on raising funds**
501 - -
Staf Costs
124,128 - -
Student Travel and Catering
726 -
Website Costs
11,233 2,001 -
Materials
- -
Admin costs
59,043 - -
Resiliance Day costs
6,003 - -
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Expenditure on**
**raising funds:**
Operating membership schemes and
social lotteries
Operating a trading company
undertaking non-charitable trading
activity
Advertising, marketing, direct mail and
publicity
Start up costs incurred in generating
new source of future income
Rent collection, property repairs and
maintenance charges
**Expenditure on**
**charitable**
**activities**|**Analysis**
Incurred seeking donations
501 - -
Incurred seeking legacies
- - -
Incurred seeking grants
Staging fundraising events
Fudraising agents
Operating charity shops
- - -
- - -
Database development costs
- - -
Other trading activities
Investment management costs:
- - -
Portfolio management costs
- - -
Cost of obtaining investment advice
- - -
Investment administration costs
- - -
Intellectual property licencing costs
- - -
- - -
- - -
**Total expenditure on raising funds**
501 - -
Staf Costs
124,128 - -
Student Travel and Catering
726 -
Website Costs
11,233 2,001 -
Materials
- -
Admin costs
59,043 - -
Resiliance Day costs
6,003 - -
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Expenditure on**
**raising funds:**
Operating membership schemes and
social lotteries
Operating a trading company
undertaking non-charitable trading
activity
Advertising, marketing, direct mail and
publicity
Start up costs incurred in generating
new source of future income
Rent collection, property repairs and
maintenance charges
**Expenditure on**
**charitable**
**activities**|**Analysis**
Incurred seeking donations
501 - -
Incurred seeking legacies
- - -
Incurred seeking grants
Staging fundraising events
Fudraising agents
Operating charity shops
- - -
- - -
Database development costs
- - -
Other trading activities
Investment management costs:
- - -
Portfolio management costs
- - -
Cost of obtaining investment advice
- - -
Investment administration costs
- - -
Intellectual property licencing costs
- - -
- - -
- - -
**Total expenditure on raising funds**
501 - -
Staf Costs
124,128 - -
Student Travel and Catering
726 -
Website Costs
11,233 2,001 -
Materials
- -
Admin costs
59,043 - -
Resiliance Day costs
6,003 - -
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Expenditure on**
**raising funds:**
Operating membership schemes and
social lotteries
Operating a trading company
undertaking non-charitable trading
activity
Advertising, marketing, direct mail and
publicity
Start up costs incurred in generating
new source of future income
Rent collection, property repairs and
maintenance charges
**Expenditure on**
**charitable**
**activities**|**Analysis**
Incurred seeking donations
501 - -
Incurred seeking legacies
- - -
Incurred seeking grants
Staging fundraising events
Fudraising agents
Operating charity shops
- - -
- - -
Database development costs
- - -
Other trading activities
Investment management costs:
- - -
Portfolio management costs
- - -
Cost of obtaining investment advice
- - -
Investment administration costs
- - -
Intellectual property licencing costs
- - -
- - -
- - -
**Total expenditure on raising funds**
501 - -
Staf Costs
124,128 - -
Student Travel and Catering
726 -
Website Costs
11,233 2,001 -
Materials
- -
Admin costs
59,043 - -
Resiliance Day costs
6,003 - -
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Expenditure on**
**raising funds:**
Operating membership schemes and
social lotteries
Operating a trading company
undertaking non-charitable trading
activity
Advertising, marketing, direct mail and
publicity
Start up costs incurred in generating
new source of future income
Rent collection, property repairs and
maintenance charges
**Expenditure on**
**charitable**
**activities**|
|---|---|---|---|---|
||Staf Costs|124,128|-|-|
||Student Travel and Catering||726|-|
||Website Costs|11,233|2,001|-|
||Materials||-|-|
||Admin costs|59,043|-|-|
||Resiliance Day costs|6,003|-|-|
CC17a (Excel)
23
10/28/2021
|200,406 2,728 -
- - -
- - -
- - -
- - -
**Total**
- - -
**Other**
- - -
- - -
- - -
- - -
- - -
**Total other expenditure**
- - -
**TOTAL EXPENDITURE**
200,908 2,728 -
**Total expenditure on charitable**
**activities**
**Separate**
**material item of**
**expense**|**Total expenditure on charitable**
**activities**|200,406|2,728|-|
|---|---|---|---|---|
|||200,908|2,728|-|
## **Other information: Analysis of expenditure on charitable activities**
**----- Start of picture text -----**
Grant
Activity or funding Support
Activities undertaken directly
programme of Costs
activities
£ £ £
Activity 1
Activity 2
Other
Total
**----- End of picture text -----**
**Prior year expenditure on charitable activities can be analysed as follows:**
Not Applicable
**Within the expenditure items above the following items are material: (please disclose the nature, amount and any prior year amounts)**
All items are material
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## **(cont)**
**----- Start of picture text -----**
Total funds Prior year
£ £
501 6,295
- -
- -
- -
- -
-
- -
- -
- -
- -
- -
- -
501 6,295
124,128 124,491
726 13,992
13,234 5,435
- 4,767
59,043 28,544
6,003 8,002
**----- End of picture text -----**
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203,134 185,231 - - - - - - - - - -
- - - - - - - - - - - - 203,635 191,526
**----- Start of picture text -----**
Total this Total prior
year year
£ £
**----- End of picture text -----**
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## **Section C Notes to the accounts**
## **Note 7 Extraordinary items**
## _**Please explain the nature of each extraordinary item occurring in the period**_
**Description Extraordinary item 1** One off costs incurred developing an online career mentoring platform with Mentor Xchange. This allowed the schemes to support the increasing number of students that participate in the SMBP **Extraordinary item 2 Extraordinary item 3 Extraordinary item 4 Total extrordinary items**
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## **(c**
## _**d.**_
**----- Start of picture text -----**
This year Last year
£ £
- 16,800 -
- -
- -
- -
- -
- 16,800 -
**----- End of picture text -----**
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## **Section C Notes to the accounts**
## **Note 8 Funds received as agent**
## _**8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.**_
**----- Start of picture text -----**
Amount received Amount paid out Balance held at period end
Description/name of party Related
party (Yes This year Last year This year Last year This year Last year
or No) £ £ £ £ £ £
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Total - - - - - -
8.2 Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve economies in the
purchase of goods or services, please discose details of any balances outstanding between any participating members.
Description/name of party
Balance held at period end
This year Last year
£ £
- -
- -
- -
- -
- -
Total - -
**----- End of picture text -----**
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## **Section C Notes to the accounts**
## **Note 9 Support Costs**
_**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_
**----- Start of picture text -----**
Raising funds Activity 1 Activity 2 Activity 3
Support cost
(examples) £ £ £ £
- - -
Governance
- - -
- - -
- - -
Other - - -
- - -
Total
**----- End of picture text -----**
_**Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.**_
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**----- Start of picture text -----**
Basis of
Grand total allocation
(Describe
£ method)
-
-
-
-
-
-
**----- End of picture text -----**
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## **Section C Notes to the accounts**
**Note 10 Details of certain items of expenditure**
## **10.1 Fees for examination of the accounts**
_**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_
**Independent examiner’s fees**
**Assurance services other than audit or independent examination**
**Tax advisory fees**
**Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner**
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**----- Start of picture text -----**
This year Last year
£ £
0 0
0 0
0 0
0 0
**----- End of picture text -----**
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**Section C Notes to the accounts**
## **Note 11 Paid employees** _**Please complete this note if the charity has any employees.**_
## **11.1 Staff Costs**
|
**Salaries and wages**
**Social security costs**
**Pension costs (defned contribution scheme)**
**Other employee benefts**
**Total staf costs**|**This year**
**£**|
|---|---|
||113,580|
||8,053|
||2,494|
||-|
||124,128|
**Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party**
Not Applicable
_**Please give details of the number of employees whose total employee benefits (excl pension costs) fell within each band of £10,000 from £60,000 upwards. If there are transactions, please enter 'true' in the box provided.**_
## **No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000**
**1**
**----- Start of picture text -----**
Band Number of employees
£60,000 to £69,999 1
£70,000 to £79,999 0
£80,000 to £89,999 0
£90,000 to £99,999 0
£100,000 to £109,999 0
Please provide the total amount paid The Scheme Director was paid £61,800 via payroll
to key management personnel the CEO & Founder on a consultant
(includes trustees and senior
management) for their services to the
charity
**----- End of picture text -----**
## **11.2 Average head count in the year**
**The parts of the charity in which the employees work**
**----- Start of picture text -----**
This year
Number
Fundraising -
Charitable Activities 3
Governance -
Other -
**----- End of picture text -----**
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**Total** 3
## **11.3 Ex-gratia payments to employees and others (excluding trustees)** _**Please complete if an ex-gratia payment is made.**_
**Please explain the nature of the payment**
**Please state the legal authority or reason for making the payment**
**Please state the amount of the payment (or value of any waiver of a right to an asset)**
## **11.4 Redundancy payments**
_**Please complete if any redundancy or termination payment is made in the period.**_
**Total amount of payment**
**The nature of the payment (cash, asset etc.)**
**The extent of redundancy funding at the balance sheet date**
**Please state the accounting policy for any redundancy or termination payments**
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## **(cont)**
**----- Start of picture text -----**
Last year
£
113,229
9,174
2,088
-
124,491
**----- End of picture text -----**
## _**luding employer no such**_
**----- Start of picture text -----**
1
**----- End of picture text -----**
. £44,800 was paid to t basis.
**----- Start of picture text -----**
Last year
Number
-
3
-
-
**----- End of picture text -----**
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3
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**Section C Notes to the accounts**
**Note 12 Defined contribution pension scheme or defined benefit accounted for as a defined contribution scheme.**
## _**12.1 Please complete this note if a defined contribution pension scheme is operate**_
**Amount of contributions recognised in the SOFA as an expense**
**Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds.**
**Auto-Enrollment Employee and Employer pen are deducted through payroll. The Employer deductions only are shown as an expense in t correcsponding entry as a liability on the bal balance sheet liability is drawn down in the f when the contributions are paid to our pensi Pension.**
## _**12.2 Please complete this section where the charity participates in a defined benefi is unable to ascertain its share of the underlying assets and liabilities.**_
**Please confirm that altough the scheme is accounted for as a defined contribution plan, it is a defined benefit plan.**
**Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity**
## _**12.3 Please complete this section where the charity participates in a multi-employe pension plan that is accounted for as a defined contribution plan.**_
**Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multiemployer plan**
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## **(cont)**
## **t scheme**
## _**ed.**_
**2494.08**
**nsion contributions r pension the SOFA, with the ance sheet. The following month on provider Smart**
## _**fit pension plan but**_
## _**er defined benefit**_
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## **Section C Notes to the accounts**
## **Note 13 Grantmaking**
_**Please complete this note if the charity made any grants or donations wh part of the charitable activities undertaken.**_
## **13.1 Analysis of grants paid (included in cost of charitable activities)**
**----- Start of picture text -----**
Grants to Grants to
Analysis institutions individuals
Activity or project 1
Activity or project 2
Activity or project 3
Activity or project 4
Total - -
**----- End of picture text -----**
## _**Please enter “Nil” if the charity does not identify and/or allocate support**_
## **13.2 Grants made to institutions**
_**My charity has made grants to particular institutions that are material in the context of its grantmaking. Details of the institution supported, purpose of the grant and total paid to each institution is available on the charity's web site.**_
**----- Start of picture text -----**
Names of institution Purp
**----- End of picture text -----**
_**Total grants to institutions in reporting period Other unanalysed grants**_
## _**TOTAL GRANTS PAID**_
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**(cont)**
## _**hich in aggregate form a material**_
**----- Start of picture text -----**
Support costs Total
£ £
- -
- -
- [ - ]
- -
**----- End of picture text -----**
## _**t costs.**_
**----- Start of picture text -----**
Please provide
Yes details of charity's
URL.
Provide details
No
below
Total amount of
pose
grants paid £
-
-
-
-
-
-
-
-
-
-
-
-
-
**----- End of picture text -----**
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## **Section C Notes to the accounts**
## **Note 14 Tangible fixed assets** _**Please complete this note if the charity has any tangible fixed assets**_
## **14.1 Cost or valuation**
|**Total**
**£**
**£**
**£**
**£**
**£**
- - - - -
Additions
- - - - -
Revaluations
- - - - -
Disposals
- - - - -
Transfers *
- - - - -
At end of the year
- - - - -
**14.2 Depreciation and impairments**
****Basis**
SL or RB
SL or RB
SL or RB
SL or RB
SL or RB
**** Rate**
- - - - -
Disposals
- - - - -
Depreciation
- - - - -
Impairment
- - - - -
Transfers*
- - - - -
At end of the year
- - - - -
**14.3 Net book value**
- - - - -
- - - - -
**Freehold land**
**& buildings**
**Other land &**
**buildings**
**Plant,**
**machinery**
**and motor**
**vehicles**
**Fixtures,**
**fttings and**
**equipment**
At the beginning of
the year
At beginning of the
year
Net book value at the
beginning of the year
Net book value at the
end of the year|**£**
**Freehold land**
**& buildings**|**£**
**Other land &**
**buildings**|**£**
**Plant,**
**machinery**
**and motor**
**vehicles**|**£**
**Fixtures,**
**fttings and**
**equipment**|**Total**
**£**|
|---|---|---|---|---|---|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
## **14.4 Impairment**
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_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **14.5 Revaluation**
_**If an accounting policy of revaluation is adopted, please provide:**_
_**the effective date of the revaluation**_
_**the name of independent valuer, if applicable**_
_**the methods applied and significant assumptions**_
_**the carrying amount that would have been recognised had the assets been carried under the cost model.**_
## **14.6 Other disclosures**
_**(i) Please state the amount of borrowing costs, if any, capitalised in the construction of tangible fixed assets and the capitalisation rate used**_
- _**(ii) Please provide the amount of contractual commitments for the acquisition of tangible fixed assets.**_
_**(iii) Details of the existence and carrying amounts of property, plant and equipment to which the charity has restricted title or that are pledged as security for liabilities.**_
- _The "transfers" row is for movements between fixed asset categories._
- _** Please indicate the method of depreciation by deleting the method not applicable (SL = straight_
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## **(cont)**
Straight Line ("SL") or Reducing Balance ("RB")
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## **Section C Notes to the accounts**
## **Note 15 Intangible assets** _**Please complete this note if the charity has any intangible assets**_ **15.1 Cost or valuation**
|**£**
-
**Research &**
**development**
At beginning of the|**£**
-
**Research &**
**development**
At beginning of the|**£**
-
**Patents and**
**trademarks**|**Other**
**Total**
**£**
**£**
- -|
|---|---|---|---|
|year||||
|Additions
|-|-|- -|
|Disposals
|-|-|- -|
|Revaluations
|-|-|- -|
|Transfers *
|-|-|- -|
|At end of the year
|-|-|- -|
|**15.2 Amortisation and impairments**||||
|****Basis**
SL or RB
**** Rate**
At beginning of the|-|SL or RB
-|SL or RB
SL or RB
- -
Straight Line
("SL") or
Reducing
Balance ("RB")|
|year||||
|Disposals
|-|-|- -|
|Amortisation
|-|-|- -|
|Impairment
|-|-|- -|
|Transfers*
|-|-|- -|
|At end of year
|-|-|- -|
|**15.3 Net book value**||||
|
Nat book value at the|-|-|- -|
|beginning of the year||||
|
Net book value at the|-|-|- -|
|end of the year||||
## **15.4 Accounting policy**
_**Please disclose the accounting policy for intangible fixed assets including: Reasons for choosing amortisation rates Policies for the recognition of any capital development**_
## **15.5 Impairment**
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_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **15.6 Revaluation**
_**If an accounting policy of revaluation is adopted, please provide:**_
_**the effective date of the revaluation**_
_**the name of independent valuer, if applicable**_
_**the methods applied**_
_**the carrying amount that would have been recognised had the assets been carried under the cost model.**_
## **15.7 Other disclosures**
_**(i) If your intangible asset was acquired by way of grant, provide value on initial recognition and carrying amount of the asset.**_
_**(ii) Details of the carrying amounts of any intangible assets to which the charity has restricted title or that are pledged as security for liabilities.**_
_**(iii) Please provide the amount of contractual commitments for the acquisition of intangible assets.**_
_**(iv) State the amount of research and development expenditure recognised as expenditure in the year.**_
_**(vi) Please detail the headings in the SOFA in which a charge for amortisation of intangible assets is included. (vii) For any material intangible assets, please provide a description, its carrying amount and any remaining amortisation period.**_
_* The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction_
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**Section C Notes to the accounts**
## **Note 16 Heritage assets**
_**Please complete this note if the charity has heritage assets**_
## **16.1 General disclosures for all charities holding heritage assets**
**(i) Explain the nature and scale of heritage assets held.**
**(ii) Explain the policy for the acquisition, preservation, management and disposal of heritage assets.**
## **16.2 Cost or valuation**
|**£**
**£**
**£**
At beginning of the year
- - -
Additions
- - -
Disposals
- - -
Revaluations
- - -
Transfers *
- - -
At end of the year
- - -
**16.3 Depreciation and impairments**
****Basis**
**** Rate**
At beginning of the year
- - -
Disposals
- - -
Depreciation
- - -
Impairment
- - -
Transfers*
- - -
At end of year
- - -
**Heritage asset**
**1**
**Heritage asset**
**2**
**Heritage asset**
**3**|**£**
**Heritage asset**
**1**|**£**
**Heritage asset**
**2**|**£**
**Heritage asset**
**3**|
|---|---|---|---|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
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## **16.4 Net book value**
Nat book value at the beginning of the - - - year Net book value at the end of the year - - -
## **16.5 Impairment**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **16.6 Revaluation**
_**If an accounting policy of revaluation is adopted, please provide: the effective date of the revaluation the name of independent valuer, if applicable qualifications of independent valuer the methods applied and significant assumptions any significant limitations on the valuation**_
## **16.7 Analysis of heritage assets by class or group distinguishing those at cost**
Carrying amount at the beginning of the period
Additions
Disposals
Depreciation/impairment
Revaluation
Carrying amount at the end of period
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## **16.8 Heritage assets (where heritage assets are not recoignised on the balanc**
## **(i) Explain the reason why heritage assets have not been recognised on the balance sheet.**
**(ii) Describe the significance and nature of heritage assets.**
**(iii) Disclose information that is helpful in assessing the value of heritage assets.**
## **(iv) Explain the reason why it is not practicable to obtain a valuation of heritage assets.**
## **16.9 Five year summary of heritage assets transactions**
**----- Start of picture text -----**
2015 2014 2013
£ £ £
Purchases
Group A - - -
Group B - - -
Group C -
Other -
Donations
Group A - - -
Group B - - -
Group C - - -
Other - - -
Total additions - - -
Charge for impairment
Group A - - -
Group B - - -
Group C - - -
Other - - -
Total charge for impairment - - -
Disposals
Group A - carrying amount - - -
Group B - carrying amount - - -
Group C - - -
Other - - -
**----- End of picture text -----**
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**Total disposals - - -**
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## **(cont)**
**----- Start of picture text -----**
Heritage asset Total
4
£ £
- -
- -
- -
- -
- -
- -
Straight Line
("SL") or
Reducing
Balance
("RB")
- -
- -
- -
- -
- -
- -
**----- End of picture text -----**
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- - - -
## **and those at valuation**
**----- Start of picture text -----**
At valuation At cost Group Total
Group A B
£ £ £
- - -
- - -
- - -
- - -
- - -
- - -
**----- End of picture text -----**
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## **ce sheet)**
**----- Start of picture text -----**
2012 2011
£ £
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
**----- End of picture text -----**
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**- -**
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## **Section C Notes to the accounts**
## **Note 17 Investment assets**
_**Please complete this note if the charity has any investment assets.**_
## **17.1 Fixed assets investments (please provide for each class of investment)**
|**Less: impairments**
**Add: Reversal of impairments**
Carrying (fair) value at end of year
Carrying (fair) value at beginning of
period
**Add:**additions to investments during
period*
**Less:**disposals at carrying value
**Add/(deduct):**transfer in/(out) in the
period
**Add/(deduct):**net gain/(loss) on
revaluation|**Cash & cash**
**equivalents**|
**Listed**
**investments**|**Investment**
**properties**|**Social**
**investments**|
|---|---|---|---|---|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
## ***Please specify additions resulting from acquisitions through business combinations, if any.**
_**Please note that Fair Value in this context is the amount for which an asset could be knowlegable and willing parties in an arm's length transaction. For traded securities value of the security quoted on the London Stock Exchange Daily Official List or equi assets where there is no market price on a traded market, it is the trustees' or value fair value.**_
## **17.2 Please provide a breakdown of investments shown above agreeing with balance sheet row B04 differentiating between those held at fair value and th at cost less impairment.**
|**Analysis of investments**
**Cash or cash equivalents**
**Listed investments**||
|---|---|
||**Fair value at year end**|
||**£**|
||-|
||-|
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|**Investment properties**
**Social investments**
**Total**
**Grand total (Fair value at year end+Cost less impairment)**
**Other investments**|-|
|---|---|
||-|
||-|
||-|
|||
## **17.3 If your charity holds investment properties, please complete the followin**
**(i) Explain the methods and significant assumptions in determining the fair value of investment property held by the charity**
**(ii) Name or independent valuer, if applicable, and relevant qualifications**
**(iii) Provide details of any restrictions on the ability to realise investment property or on the remittance of income or disposal proceeds**
**(iv) Explain any contractual obligations for the purchase, construction or development of investment property or for repairs, maintenance or enhancements**
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## **17.4 Please provide a breakdown of current asset investments, if applicable, balance sheet.**
**Analysis of current asset This year investments £** - **Cash or cash equivalents** - **Listed investments** - **Investment properties** - **Social investments** - **Other investments** - **Total**
## **17.5 Guarantees**
**Please provide details and amount of any guarantee made to or on behalf of a third party Name of the entity or entities benefitting from those guarantees Please explain how the guarantee furthers the charity's aims**
## **17.6 Concessionary loans**
**Amount of concessionary loans made (** _**Multiple loans made may be disclosed in aggregate provided that such aggregation does not obsure significant information**_ **).**
**Amount of concessionary loans received** _**(Multiple loans received may be disclosed in aggregate provided that such aggregation does not obsure significant information).**_
_**Description Total Description Total**_
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**Terms and conditions eg interest rate, security provided Value of any concessionary loans which have been committed but not taken up at the reporting date Amounts payable within 1 year Amounts payable after more than 1 year Amounts receivable within 1 year Amounts receivable after more than 1 year 17.7 Additional information Please provide information about the significance of investments to the charity's financial position or performance eg. terms and conditions of loans or the use of hedging to manage financial risk. For all investments measured at fair value, the basis for determining the value, including any assumptions applied when using a valuation technique. Where a charity has provided financial assets as a form of security, the carrying amount of the financial asset pledged as security and the terms and conditions relating to its pledge.**
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## **(cont)**
**----- Start of picture text -----**
Other Total
- -
- -
- -
- -
- -
- -
- -
- -
**----- End of picture text -----**
_**exchanged between s, the fair value is the ivalent. For other ers' best estimate of**_
## **the hose held**
**----- Start of picture text -----**
Cost less impairment
£
-
-
**----- End of picture text -----**
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- - - -
## **ng note:**
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## **agreeing with the**
**----- Start of picture text -----**
Last year
£
-
-
-
-
-
-
**----- End of picture text -----**
**This year £ Last year £ This year £ Last year £**
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## **Section C Notes to the accounts**
## **Note 18 Stocks**
## _**Please complete this note if the charity holds any stock items**_
## **18.1 Please state the carrying amount of stock and work in progress analysed be activities.**
|**Charitable activities:**
**_Opening_**
**_Added in period_**
**_Expensed in period_**
**_Impaired_**
**_Closing_**
**Other trading activities:**
**_Opening_**
**_Added in period_**
**_Expensed in period_**
**_Impaired_**
**_Closing_**
**Other:**
**_Opening_**
**_Added in period_**
**_Expensed in period_**
**_Impaired_**
**_Closing_**
**Total this year**
**_Total previous year_**|**Stock**|**Stock**|**Donated goods**|**Donated goods**|
|---|---|---|---|---|
||**For**
**distribution**|**For resale**|**For**
**distribution**|**For resale**|
||**£**|**£**|**£**|**£**|
||||||
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||**-**|**-**|**-**|**-**|
||||||
||||||
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||**-**|**-**|**-**|**-**|
||||||
||||||
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||**-**|**-**|**-**|**-**|
||-|-|-|-|
||-|-|-|-|
CC17a (Excel)
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**18.2 Please specify the carrying amount of any stocks pledged as security for liabilities**
CC17a (Excel)
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10/28/2021
## **(cont)**
## **tween**
**Work in progress £** - - - - **-** - - - - **-** - - - - **-** - -
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CC17a (Excell
67
1012812021
**Section C Notes to the accounts**
**Note 19 Debtors and prepayments** _**Please complete this note if the charity has any debtors or prepayments.**_
## **19.1 Analysis of debtors**
**Trade debtors Prepayments and accrued income Other debtors**
## **Total**
_**Please complete 19.2 where a material debtor is recoverable more than a year**_
**19.2 Analysis of debtors recoverable in more than 1 year (included in debtor**
**Trade debtors Prepayments and accrued income Other debtors**
**----- Start of picture text -----**
Total
**----- End of picture text -----**
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## **(cont)**
**----- Start of picture text -----**
This year Last year
£ £
- -
- -
- -
- -
**----- End of picture text -----**
## _**r after the reporting date.**_
**----- Start of picture text -----**
rs above)
This year Last year
£ £
- -
- -
- -
- -
- -
**----- End of picture text -----**
CC17a (Excel)
69
10/28/2021
## **Section C Notes to the accounts**
## **Note 20 Creditors and accruals**
_**Please complete this note if the charity has any creditors or accruals.**_
## **20.1 Analysis of creditors**
|**20.1 Analysis of creditors**|||
|---|---|---|
|**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**
**Payments received on account for contracts or**
**performance-related grants**|**Amounts falling due**
**within one year**||
||**This year**
**£**|**Last year**
**£**|
||-|-|
||-|-|
||-|-|
||-|-|
||5,000|50,000|
||3,458|-|
||971|967|
||9,429|50,967|
## **20.2 Deferred income**
_**Please complete this note if the charity has deferred income.**_
_**Please explain the reasons why income is deferred.**_
_**The £5,000 in deferred income relates to a donation made specifically towards income will be recognised in the 2021 SOFA as income**_
## _**Movement in deferred income account**_
**Balance at the start of the reporting period Amounts added in current period**
**Amounts released to income from previous periods Balance at the end of the reporting period**
CC17a (Excel)
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10/28/2021
## **(cont)**
**----- Start of picture text -----**
Amounts falling due after
more than one year
This year Last year
£ £
- -
- -
- -
- -
- -
- -
- -
- -
**----- End of picture text -----**
## _**s the 2021 scheme. This**_
**----- Start of picture text -----**
This year Last year
£ £
50,000 85,000
5,000 50,000
- 50,000 - 85,000
5,000 50,000
**----- End of picture text -----**
CC17a (Excel)
10/28/2021
71
## **Section C Notes to the accounts**
## **Note 21 Provisions for liabilities and charges**
_**Please complete this note if you have included in charity expenditure any prov made when the charity has a liability of uncertain timing or amount.**_
## **21.1 Please provide:**
**- a brief description of any obligations on the balance sheet and the expected amount and timing of resulting payments;**
## _**No provisions for liabilities**_
**- an indication of the uncertainties about the amount or timing of those outflows; and**
**- the amount of any expected reimbursement, stating the amount of any asset that has been recognised for that expected reimbursement.**
## **21.2 Movements in recognised provisions and funding commitment during the**
**Balance at the start of the reporting period Amounts added in current period Amounts charged against the provision in the current period Unused amounts reversed during the period Balance at the end of the reporting period**
**21.3 For any funding commitment that is not recognised as a liability or provision, provide details of commitment made, the time frame of that commitment, any performance-related conditions and details of how the commitment will be funded (with contracts for capital expenditure separately identified).**
**21.4 Where unrestricted funds have been designated to a fund commitment, please disclose the nature of any amounts designated and the likely timing of that expenditure.**
CC17a (Excel)
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10/28/2021
## **(cont)**
**----- Start of picture text -----**
visions. A provision is
**----- End of picture text -----**
**----- Start of picture text -----**
s
e period
This year Last year
£ £
- -
- -
- -
- -
- -
**----- End of picture text -----**
CC17a (Excel)
73
10/28/2021
**Section C Notes to the accounts**
## **Note 22 Other disclosures for debtors, creditors and other basic financi**
**22.1 Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk. 22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conitions related to its pledge should be given here.**
CC17a (Excel)
10/28/2021
74
**(cont)**
## **ial instruments**
CC17a (Excel)
10/28/2021
75
## **Section C Notes to the accounts**
## **Note 23 Contingent liabilities and contingent assets**
## **23.1 Contingent liabilities**
## **Where the charity has contingent liabililities, please complete the following se possibility of their existence is remote.**
**Description of item including its legal nature. Estimate of fi Please describe any security provided in connection to the liability.**
## **23.2 Contingent assets Where the charity has contingent assets, please complete the following section probable**
**Description of item**
**Estimate of fi**
**23.4 Other disclosures for contingent assets and/or liabilities Please provide the following information where practicable:**
**Explain any uncertainties relating to the amount or timing of settlement; and the possibilty of any reimbursement**
**Where it is not practical to make one or more of these disclosures, please state this fact**
CC17a (Excel)
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## **(cont)**
## **ction unless the**
## **nancial effecti**
## **n when their existence is**
## **nancial effect**
CC17a (Excel)
10/28/2021
77
## **Section C Notes to the accounts**
**Note 24 Cash at bank and in hand**
**Short term cash investments (less than 3 months maturity date) Short term deposits Cash at bank and on hand Other Total**
CC17a (Excel)
78
10/28/2021
## **(cont)**
**----- Start of picture text -----**
This year Last year
£ £
- -
- -
179,682 210,802
- -
179,682 210,802
**----- End of picture text -----**
CC17a (Excel)
79
10/28/2021
## **Section C Notes to the accounts**
## **Note 25 Fair value of assets and liabilities**
**25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks.**
No credit risk, as no debtor at ye market risk, as the charity does Liquidity risk extremely low. Cas exceeds the full year expenses.
**25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.**
CC17a (Excel)
80
10/28/2021
## **(cont)**
ear end. No exposure to not hold any investments. sh in bank at end of year
CC17a (Excel)
81
10/28/2021
## **Section C Notes to the accounts**
**Note 26 Events after the end of the reporting period**
_**Please complete this note events (not requiring adjustment to the accounts) ha the end of the reporting period but before the accounts are authorised which r that arose after the end of the reporting period.**_
**Please provide details of the nature of the event**
**Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made**
CC17a (Excel)
82
10/28/2021
## **(cont)**
## _**ave occurred after relate to conditions**_
CC17a (Excel)
83
10/28/2021
**Section C Notes to the accounts (cont)**
## **Note 27 Charity funds**
## **27.1 Details of material funds held and movements during the CURRENT reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure fo figure below should reconcile to 'Total funds' in the blanace sheet.**_
## _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special t unrestricted funds**_
**----- Start of picture text -----**
Fund
balances
Type PE, EE
Purpose and Restrictions brought
R or UR *
forward Income Expenditure
Fund names £ £ £
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
Other funds N/a N/a - - -
Total Funds - - -
**----- End of picture text -----**
CC17a (Excel)
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10/28/2021
## _**for 'Other funds'. The 'Total funds'**_
## _**trusts, of the charity; and U -**_
**----- Start of picture text -----**
Fund
balances
Gains and carried
Transfers losses forward
£ £ £
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
**----- End of picture text -----**
CC17a (Excel)
85
10/28/2021
**Section C Notes to the accounts (cont)**
**Note 27 Charity funds (cont)**
## **27.2 Details of material funds held and movements during the PREVIOUS reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure fo figure below should reconcile to 'Total funds' in the blanace sheet.**_
## _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special t unrestricted funds**_
**----- Start of picture text -----**
Fund
balances
Type PE, EE
Purpose and Restrictions brought
R or UR *
forward Income Expenditure
Fund names £ £ £
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
Other funds N/a N/a - - -
Total Funds - - -
**----- End of picture text -----**
CC17a (Excel)
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10/28/2021
## _**for 'Other funds'. The 'Total funds'**_
## _**trusts, of the charity; and U -**_
**----- Start of picture text -----**
Fund
balances
Gains and carried
Transfers losses forward
£ £ £
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
**----- End of picture text -----**
CC17a (Excel)
87
10/28/2021
**Section C Notes to the accounts Note 27 Charity funds (cont)**
## **27.3 Transfers between funds**
**Reason for transfer and where endowment is con income, legal power for its conversion** Between unrestricted and restricted funds Between endowment and restricted funds Between endowment and unrestricted funds
## **27.4 Designated funds**
**Planned use Purpose of the designation**
CC17a (Excel)
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10/28/2021
## **(cont)**
**----- Start of picture text -----**
verted to Amount
**----- End of picture text -----**
**----- Start of picture text -----**
Amount
**----- End of picture text -----**
CC17a (Excel)
89
10/28/2021
## **Section C Notes to the accounts**
## **Note 28 Transactions with trustees and related parties**
_**If the charity has any transactions with related parties (other than the trustee expens details of such transactions should be provided in this note. If there are no transactio in the box or "False" if there are transactions to report.**_
## **28.1 Trustee remuneration and benefits**
**None of the trustees have been paid any remuneration or received any other benefits employment with their charity or a related entity (True or False)**
_**In the period the charity has paid trustees remuneration and benefits. Please give the for, any remuneration or other benefits paid to a trustee by the charity or any instituti**_
**----- Start of picture text -----**
Amounts pa
This ye
Legal authority (eg Remuneration Pension
Name of trustee order, governing contribution
document)
£ £
Please give details of why remuneration or other
employment benefits were paid.
Where an ex gratia payment has been made to a trustee,
provide an explanation of the nature of the payment.
**----- End of picture text -----**
## **28.2 Trustees' expenses**
_**If the charity has paid trustees expenses for fulfilling their duties, details of such tran this note. If there are no transactions to report, please enter “True” in the box below. report, please enter "False".**_
## **No trustee expenses have been incurred (True or False)**
**----- Start of picture text -----**
This
Type of expenses reimbursed
£
**----- End of picture text -----**
CC17a (Excel)
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10/28/2021
## **Travel Subsistence Accommodation Other (please specify): TOTAL**
**Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity**
## **28.3 Transaction(s) with related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in wh interest, including where funds have been held as agent for related parties. If there a enter 'true' in the box provided.**_
## **There have been no related party transactions in the reporting period (True or False)**
**----- Start of picture text -----**
Name of the trustee Relationship Description of the Balance at
Amount
or related party to charity transaction(s) period end
£ £
In relation to the transactions above, please provide the
terms and conditions, including any security and the
nature of any payment (consideration) to be provided in
settlement.
**----- End of picture text -----**
_**For any related party, please provide details of any guarantees given or received.**_
CC17a (Excel)
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10/28/2021
**(cont)**
## _**ses explained in guidance notes) ons to report, please enter “True”**_
**----- Start of picture text -----**
from an 1
e amount of, and legal authority
ion or company connected with it.
aid or benefit value
ear Last year
Redundancy Other TOTAL
(including
loss of
office)/ex
gratia
£ £
**----- End of picture text -----**
## _**nsactions should be provided in . If there are transactions to**_
**----- Start of picture text -----**
year Last year
£ £
**----- End of picture text -----**
CC17a (Excel)
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10/28/2021
## _**hich a related party has a material are no such transactions, please**_
**----- Start of picture text -----**
Amounts
written off
Provision for bad
during
debts at period end
reporting
period
£ £
**----- End of picture text -----**
CC17a (Excel)
93
10/28/2021
**ection C Notes to the accounts (cont)**
## **ote 29 Additional Disclosures**
CC17a (Excel)
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## **Independent examiner's report on the accounts**
**Section A Independent Examiner’s Report**
|**Report to the trustees/**
**members of**
**On accounts for the year**
**ended**
**Set out on pages**
**Responsibilities and**
**basis of report**|Charity Name
Social Mobility Business Partnership|Charity Name
Social Mobility Business Partnership|Charity Name
Social Mobility Business Partnership|
|---|---|---|---|
|||||
||31 December, 2020|**Charity no**
**(if any)**|1174309|
|||||
||3-37
(remember to include the page numbers of additional sheets)|||
||I report to the trustees on my examination of the accounts of the above
charity (“the Trust”) for the year ended**DD / MM / YYYY**.
As the charity's trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
(“the Act”).
I report in respect of my examination of the Trust’s accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I
have followed all the applicable Directions given by the Charity Commission
under section 145(5)(b) of the Act.|||
**Independent** [The charity’s gross income exceeded £250,000 and I am qualified to **examiner's statement** undertake the examination by being a qualified member of [insert name of applicable listed body]]. _Delete_ [ ] _if not applicable._
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
* _Please delete the words in the brackets if they do not apply._
**Signed: Date:** 21 September, 2021 **Name:** Andrew Boucher **Relevant professional** ACA **qualification(s) or body**
**Oct 2018**
**IER**
1
## **(if any):**
**Address:**
15 Dealtry Road Putney London SW15 6NL
## **Section B Disclosure**
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
No issues noted
**Oct 2018**
**IER**
2