s￿ IAL MCBILITY SNESS PAR TNEWP Tru¥t•••' •nnu*l r•port Iln¢ludlThJ DlwB¢torn' r•prxt) forth? p•rlod Fn)m: 1bT Januwy 2021 to 31s1 OKember 2021 Charlty n•m•'. Soa"al MOl￿ty P8rtnersNp Ch•rlty r•qlstralon numb•T: 1174309 Comp•ny numb•r. CE010 Obl•¢t1￿5 and a¢tlvltb•• SORP relerence Sumary of the the charty 85 S•t tts d￿l￿nt Para 1.17 The obiwAs of SMBP to advance the eduralkm d young peo￿* Irorn income backgrounds in pwbculwr bul nol exclusively by". (•) wovldlng and IK4i18kng C*¥ty¥bjn1￿os lor them lo obtain experien￿ W￿1￿ ¢Yganwkn8 Ivth¥ig ITh or ￿tkn th• proless*xo of18w and accoun￿nCY, arKI su¢h profess￿9 an¢J fields as Trusioes ￿ Iheir absdulg ¢Ji6uetion so• fit. Ibl •I￿r0 and assisdng thern io athlev8 Ihe nece55ary qUahfiC4￿￿s aTrJ lo enter and prrNaress in careers in s￿h professvjns ond fiehjs. Sumary ofthe rn8in acb'vtbes relatson 10 t￿e pwp05es for the putrAK tenefit.in part*wlar. the prr4ects or seMce5 Klentrf*d in the accounts. Para 1.17 and 1.19 A volunteer4•1 thailty. SMBP 15 collatoralk)n ol over 140 ￿MM￿claI yani5aiKffjs, prof956*)nal 88ryic8s finns 8ThJ professlonal S￿rtS teams *ryking to delwer Work Irtsight and s￿.11$ weeks across fift*n Irms ond cil*s in Ihe UK. Ihe SMBP P3rts)ews are ￿￿rnitted lo supFKJting Year 12 Year 13 students Irom backgrounds in th￿¥ pursuit of a career in bu5Th55 . Sirv 2014, SM8P ha6 grovm Irom offwing opportunit*5 10 20 sludents wi ￿dl￿. lo over 7(￿ sludent ￿0$5 the UK ￿ 2022. Sttthts benefit IrL¥n spwling a day with fwr drfYer*nl bu51r￿s￿ week. leamt thrtyjgh mleractive garnès, and spend the fillh day al a prole5wnal sp)rts dub Ithere Ihey leam abcwt th8 psythokgy of resilienrx. A SMBP Career M6ntoring pr811omi l*Aa hll .11 mb .or enlonn then supports Ihern th￿9h their joumey ￿ 8 career by pfovidwvJ access 10 8dTr4te on the ￿e81•)n ol Person81 S*lornonls. Cvs and c(#npletion ol applKathx forns ané guts1ance to preparo lor Intwwews. In addrfkn 10 the 8fcThnenlb)n8d ￿bSIte 8nd career mentoring SI￿ maintenance. studeni travel 8nd Resilien¢8 Oay co$￿. Ihe olher main arga of expBndiIU￿ h slaff. £d￿S￿Y cosls and adff4nistrabon. S¢alenwni (x)nfirrning wheiher the trustees have had regard the guM1ance iuued ty the Chanty CryrwrissKffl ￿ wbl P¥8 1.18 The guhlance15sued by thè Charlty Commissw on wblic beneffl has been a￿laled io Tntsiees and the Twslees have had rngwd to the al au relevanl Iwn8S. ' Y8ar 12 8TrJ Year 13 students in Engthj W*s, Yw 13 aryl Yew 14 sludonts in Northem Irelarxl. S5 aTrJ S6 students in Scoland. Addltlon•l Inforni￿an (Wlona You rnay th￿Se ststerne￿ re￿￿1 abtyJ¢.' Polw on gTrnt m8kbwJ Para 1.38 SMBP i8 Th)1 a 9rant rnaking tharity Policy on social Investsnent dL•J￿g wrJJrdrn relai•d inv851meni Para 1.38 SMBP dcw erva&Je In Inve5trnent ContributKffj m*J8 by vdunte¢r¥ Parn 1.38 SMBP is supwted by over 700 volunteers cross 22 dusters. Kay roles are Clusl Head. Sludeni sc￿'n9 Lead and R8silwc• Lead. suppmtd by vdunleer¥ Irun all wr partner5 help to ddivef the prcqramme ¢M the day and thaperone 51udenis Iranw¢•tst*)n. The C￿¥1•r Head lakes ove￿￿ respM*bil for prtied rnanaging tho du51er working Clisely *ith the Siu¢Jenl Swrting Lead and Resi1￿nce Leail. They Than•Je mainta** rela¢h)nships all cornmerrA81 part[￿r5 aTrJ emthee volunteers and affange re9ular meeb'TrJs lo ￿su￿ they are on track lo delwer an iniernC￿ aTra ervJ•2itvJ day lor the sludents and to preveni any dupli£31ion of matenal. Safeguar¢Jkng ￿ key to Ihe weNare of sludent5 and Clustef Head5 a￿ ￿5[￿sIble lor ensww Ihai au partner5 have C(￿pIeted and svbmitted a health & Safety assessft￿nI rylevznl lo th￿ premtses. They 81s0 ensu OBS ¢•rf￿leS are in Pla￿ fof a lead thaperore kn*0 volLthteer5 10 0￿panY sludenls ￿ long train w txath pJuThy5 dum9 Ihe prc¥Jrarnme. The SILhl8nl Sourrjng Lead is Ih8 main contact for law finns and educabrm parlner5 al wnised 5rJKA)15 and mllege5 and will often VI￿1 5th￿IS and cowes to pffjmole the scheme. Their role is to ensure sethed 51udenls fil Ihe cmleria of the prrMJrarnme 8￿j 11 th (knely wih Ihe bTvkerag8 1 e(luc*h)n ￿tactS lo ensure this Is adhered lo. They I￿rk with Ihe chJ$lw head to gnsur8 relevant forms ore c4yr¢)IEled ￿ o limety nd regulatory manner. The R8sknKe Le8d with the 5wts.ng partner for eath clusler lo asgst ￿th the defvery ofthe SMBP r￿llenc? day. ￿￿h p8rtKipating tsjsiness partner wlhin al of lh0 22 dUS￿r5 coukl nol wun their SM8P day wth¢yJt the help of the three or rnore empl(ryee5 that voktn188r Iheir1in8 to èsSi5t 4*llh the dellvery of th8 day on th81r *¢8. coaches or thJ gr￿P train kjumoys aro arranged by SMBP travel. emF4gyees 81s0 vohjnteer 8$ chapefones to ensu Slud¢nts aty 8ets)mpanied. with c￿e le8d ctffj￿8IIng an enh8nced DBS WA Achl•w•ments and P•rf0m1•￿• Summary of the rnain hwvements of the charity, Jenlifyryng the drfference Ihe thanty's woth has mal? to Ihe arcum51arKes ol i*nefiLJaries and 8ny %wder nefits lo ￿￿ety as a whole. Para 1.20 W(¥king wilh Year 12 aThJ Year 13 stale schc Sludents fn)rn Inco￿ backgtOUTTds. Ihe chanty wuks lo ￿Qaden 8r£es5 lo busine55. Ih a Ictus on sfvwcayng how comrneraal tearns seamlessly ￿th their legal aDd finance u)18agues lo deliver bu￿55 slr8iegy 11 Is the first r*ogramme In the UK that enat4es students 10 See throe key elernents ol in thLS way. s￿dents allend a Work Ins￿3h1 and S￿11$ *Yek. spe￿j1￿j a day al l0urdrf1e￿nl bu5inesse5 and fifth day al a tWofes￿Onal srmyts dub whe sttyJ8nts 8t#yJl tha p$yth¢Jogy ol I￿nCe and goal achievernent Models. supMKted by defwery partner Cloartrad P¢rfoThanc•. In total the￿ are 22 db$lws sFYoad &r05s th8 UK, SUPPMing sttyaonls Irom Birmingharn, Blackpwl. Bradford, Bngthion, Bn5￿. DOWL Glasgow. Leeds. &ealer Lc*wJon. Manch8518r. N¢Thch, Clth8m, &wih Yorkshir¢ aThl Rea¢Jlng. In 2022. kn kne an ￿9Cl"n9 c￿n￿lIMent to Cf¢8se Ihe Dumber of siudeni plac¢rrftnts a¢yoss the UK. the Scheme ams lo ex￿nd rt5 twrarnme lo Include students from Carrsill. I North Easl and Cambndqe 8nd reinlroduco student placemenis In 8eif8s1 a dWn¥￿t year to the par￿ern￿. SM8P ompkjys tsrj lull Imne methrs Iwo parf time rnember5 0151aff 8Th1 B grateful lo tho 7 plus vdunteer5 Wrthin Ihe part￿PatI￿ busthes5e5. ¢Jellvw COn*nl on SMBP ¢Jays or take reSp￿s￿lity for central functi￿$ under the di￿￿#￿ of the SMBP lea All St￿je￿ts w￿? atteTh1 Ihe Programme can registef ￿ SM8P'5 be5￿ke Career Mentonno Plaiiorrn. Partiopating studen15 c4n on the experierts of bJwne5s. logal and finance profes5K)n8￿ frK on wniing irnpactftjl Cvs and 51alemenls. compleiiNd uviver51ty and awlicakn t(￿5 sn ervng lor an ffji£Thew. As well as gu￿ance. Sludenis can opt lo rKoNe Infomiaiw and signposiiThJ lo erTyk)yThent OPP￿t￿nI￿e5 and ecjurtrnent evenls at Pather ¢Nganisatsons. SMBP Is allocbry a sea change ￿ Ihe way eXpenen￿ in the UK is (J81ivered by Ctealing a mc#Jol whth lat*￿ the issue of lack tl wewJrce and budgel 10 delJ¥er meaningful M&￿yer experien￿$. Ow lull Irnp8cI RepKvt can be found here.. Stud•nts who attend•d th• 2021 Sch•m• and ¢ompldod th• Inw•d Survoy concluded.. 1CKI% 5a¥J they W(rtt￿ the SMBP Prc4Jfan*ne lo olher sludenls. 9)% carne aw8y Mth relevani experien(8 they can mdudè ￿ Cvs and tslk aboul in inlervLews 89% have leaml atvJl PrnCty¢81 things Ihey ean th) lo ensurv Ihal l ￿ach my C￿leer gtsals. % slaled that the expenence wll strergthen Iheir pe￿n￿ stsiemenl for unNer5rty. 91% undw518nd t*tter how a business operal85 and ￿al Ihey 8re l¢>Jking for In 89% have an und•￿￿ndI￿j ol the qualthcal*)ns needed lo studylsw. S8% have an under5tandNvJ ol the quahfical￿5 088ded 10 Study 8C¢thJTrt8ncy. 93% motivated lo I￿1r career 94% h8d • t•ttw undefstsnd*¥J ol tho drflerenl c8r¢w ¢¥yorbJniUes in tNJsiness. SM8P8 StLMJenl Ex[*￿nce team i8 njn by three alumni students cffj a vclunl8eT basis. Each a￿ respons￿e lor drfIe￿nI stages ofa ¥t￿len1¥. ￿¥t￿ment us.. The He•J ol Student E￿Jagen￿l i8 in L*arge ol all comm$ Ihai gD to $bJden15. It is ￿tal 311 sludenls le￿ prepared ahead of atten¢Jing the SMBP week lo avoid unnecessary student drowJu15. Thi5 indudes 51udent onboardfftg cornrns. the SM8P Sludwi &)p reg151rat process and user guides designed to epare sludenls the week e.g. How to gel m05t oul ol Ihe SMBP Career mw1ori￿g FlaiiLVrn The Head of Slu¢knt Experience is responsible for the cuTrl*)n ol the cornmon oye elements ol a SMBP **ek lindtyjing tr￿ Indudion sessi￿) and irrpacl ¥erKytsThJ They the Jntenl and the wrvey resullg each yeaf lo en$ure r￿JM￿9 sitsdenl f8edbaL* 15 lack￿e￿ Into the dehvery ol Iho lojluwing year. The Head ofsitsdenl ￿um￿l oVe￿ee$ our Va￿ louthp￿ts Mth students once they have cThnplel•a the SMBP week. Thi8 indudes a L￿￿lIn Me￿￿1￿ lor stutjenls once they are over 18.-RwJuitrneni Bile5" %thich infon Students of hjnher SMBP partner ¢)pportunilies (in¢&J*ThJ paKI iniernships gnrj ernploymenl cpprytunili8$1 ond 8 auarterty Newsletter. Addbllon*l Infornl•￿On loptlon•ll You may choose lo Ir￿Ude ftjrtmr slatoments rnl•vanl alwt.. hIe￿MIn￿ wknsl Para 1.41 (see atrfm) Performance of fundrni5¥ "ljeg againsi set Para 1.41 NIA Runnkn9 ¢09ts mei by tsJF4Jate fvrKllng partners InVes￿ent perf0m￿nCe ainsl ol¥ectiTrMs P8rn 1.41 NIA oth NIA Flnanclal r•Yl•w Review ol the ch￿ty.5 financaal 01 Ihe end ol th• pe￿ Para 1.21 A5 al 31.12.2021, Ihe thanty holds £207.159. in unre51rKted lunds. being I￿r cash in bank. Nothing is held in reslricted fvnds The chanty has Th) other fixed or rmly liabihties the tharity h8$ is a £3.589 creditor lo HMRC. which was selued wthin 30 days ol year •nd131.12.20211. The totsl irKI￿9 the period was £217.877. The tolal expenditure w85 £184.977. Tho reserves of £203,152 amount to 110% 01 Ihe lotsl Year 4 spend and 85% ol the lorecasl spwd in Year S. Wilh healthy cash p)sib¢)n. wo do noi en￿$998 any woblems in rneeling Ouf expenses as they fall due. Sta¢ernnt ex￿aining the lor hokjing reserves sts¢iry ￿Y they are hdd Para 1.22 We wll ahvays aim to havo £120.000 of lunds in re5eTre. This level w85 chosen as il arr￿JnIS lo apP￿Xima1￿Y half of the averag8 annual lunding reqU￿eMents. AJI Tier 18nd Tier 2 Fund￿5 have expressed a n￿bInL110g inlem 10 fwKI 8 minimum ol fwe year5. Shouw lunders cts)ose noi lo fund SMBP beyTrid year S, il wll b8 ablt lo conlinue lo operate lor ai ￿a$1 w M￿th$ prwding suffirienl time lo find further Ivnding. The rewves pdicy will be ￿vi￿e￿ )nftu8My 19 lak8 into accounl any changing financial cmims￿mee$. Finartes ￿711 be regvlaity rn￿110red by the Head of Finance. and should they lall 10 Ihe reseNe level. Th• 8oard will be profflpty nots'fiwj. Arnount ol re5eNes hebj Para 1.22 £203.152 Reasons hobJ￿g zero Parn 1.22 NIA Details of lund materialty defi Parn 1.24 NIA ExplanalJon of any uncwlalnti98 aty)ul ￿ charity continuing as a g￿ng Pard 1.23 The￿ ar8 no uncertainties abovl the tharity's ability lo con￿￿18 as a going c￿ceM. ha5 teen 5euJrefJ ￿ wver all forecasi expenses ol the 2022 5cherne. ￿1 r￿rtn￿$ and trustees are still on boans. Key P￿SOnnel remain in place, and our nets¥ork (d volunteW5 conknt*O lo support ¢he charity. Addltlonal Infomiatlon loptlonall You tnay ch005e lo Indude further slatthments where rvlgvant al￿1." The tharity's sourc•s Par¥ 1.47 of funds any SMBP i8 based on the srAn¢ ol c4Ylab)ralk)n ftJndraisirrfJl and th8 thal 311 PBiticipaiirsg organi%atK)ns give thwi time wlh)ul chwge. The running costs ol Ihe charity mel by lunthd IT￿ 8 numbor ol ryganisatkym. 1n￿strnen¢ pjlicy 8Tr1 obpclNes any sotlal knveswnenl [￿lity adopied Paro 1.46 NIA Tho ￿￿Trty does any kNe$tsnents sowl kn¥esbngnlB. A description ol the principal rtsks 1oc¥ng the chanty P8ra 1.46 NIA The tharity financial rtsk is underpnned by its 0)rpora￿ fv￿er$ and the finBnoal reseTh•s p)Jicy, as nowd atove. NIA Slructure. go¥•rnan¢• •nd management Descripb"on of thari￿b￿ trusts" SM8P ￿$ not have any charilable trusts. olgovem¥wJ drwmnt: Para 125 SPABP 15 govem8d by rts Consts"tutrm as publthed on the Charity C(rnrss*)n's How is the tharity ctM5tstubJ7 Para 125 The Charity i8 reg￿ered as a CIO TNsieè selection method5 ludkng de￿11$ of any consu"lut￿al pro¥tsK)n5 e.g. e￿ 10 ￿￿1 or narne of any pers(￿ Of body entitkny Bpwnl on• ￿ mre trvsiees Para 12S T￿￿tee5 art gen￿alY selected trun of the 152 bustr￿Se5 thai suppm SMBP, ba$6d the* expertise in rvnning sinwl schvAnes and Lqrgfrsc* CSR w*ds. Addlllonal Inlonnatlon loptlonal} Y¢yJ may clw to ftrther •lal•Trgnls abwl: Pol￿eS afyj adcpled lor the inducibjn aw¥J trn.ning ol Irusle8S Parn 1.51 When a ne* ¢wstee is voted in, the Gonernl C￿n8￿ will undortake the lo11ry￿9 Fryes$.' S•id • l)mi to tho new iru6tw to Ctyleci inlcfmalcfft required for Chw5ty Comrniww wstrab"on". Regi8ior IrUS￿ with the Charty Notify Head ol Operatths to t4x%Yuct D8S check for the tru51ee'. Send 8 cow of SM8P'$ consti￿110n 19 tsuslee. and Send coFies of the folkmng Oici8S'. SM8P's Saleguarding Pd lalDng link to guidance at SMBP'5 Criminal Fknartes Act Pc4icy'. o SMBP'S Data Prolection Pdicy (￿temal}.. SM8P's Stalement of Purpose, ObseLtres Values.. and Chanty Cornrniswon"$ 3 pie(x5 of gUidaTh￿ on Public Benefit.. s I,'assels utAishin ov ukl ovemmonllu loa lernlu load5'all8chmcn daiaifllel￿8234Ip l The benefit i iiome Ice hl Is ublishin overnmtsnt.'u loda slem'u Io£idsl?IlachfflpDI alaifilei610943.PR? Runiii servi ¥ ij ov mmon I tix hffl 71P SM8P also 8nan98s an annual training 58S5w. de￿8￿ by a charfty departmenl al a18w rim. the re5ponwts"lilies of Iruslees, SM8P has 14 Trnstees.. 12 frorn Ihe following oryanisali￿s.' Osbome cla￿e. Overtu Lmdon. P￿￿defit Financial. Mishcon de Reya, Sirnpfy 8u$iness, St8vghler and M8y. Reed Smith, CMS Carrerw M¢Kenn8 Nabarto Olswang. Squire Paiion Boggs. Ctsfford Chance. Burges saI￿)n and BT aTrJ two lThJepwvJent tsuslees. Th• charty's ￿an•s21￿)nOl $lwcture and 8ny ￿lder nets￿)rk wbth th• chaity Par8 1.51 The thètty emtAoy7 a Progtarn￿￿ OlreciLY IFTEI. a Head of Opefalions IPTEI a Sernor Operations Exewlive IFfEI and a StLthni SourciThJ MaTrJer IPTEI. Thrs emF4oyee team 5uw4ernented by c￿￿ul18n1 SUFPOrt Irorn the Lexjarn con5ulb.ng IPrirripal Consultant ol UC belng the Founderl and th8 f￿￿1￿ng volunteer execuiwe rL4es. Head of Resilience. Head of Finance. Head of Technck*Jy, Safeguarding Officer. General Counsel and the Sludenl Experien￿ le8m consisting of Head ol Sludenl &￿rring. Head of Student Experience a￿1 Head of Alurnni Relatio￿￿ ￿ ony rdaled pa￿5 1.51 SMBP wo￿$ in colabcffalion vAlt* oth charibes lo imp￿ve swal rnobility induding the Sutt(m Twst and Int￿l￿Ver$ity. SMBP al>) pawlnw5 *7th wula the FKofessions who cfraulhor student malenals lor the SMBP Sludenl ￿p. They are SRA". CILEX.. Bar Sland8rd5 Board," Facully ol Advocates.. Law S(oety of St4)Uand, ICAEW.. ICAS.. aTrJ AGCA. Ch•rlty Gov•rn•n¢? Cod• 2017 Olher As nol&Y ab￿. SMBP 8rranges an annual Iraining se$sK￿ lor the InJ$te￿. delNefed ty chwity ijepartmenl at a law rim, on thè spC￿￿bIllIes c4 lrnstees, wilh 8 focus the Chanty Govemance Code. SMBP'S S￿￿Me￿I ol PuryJo8e. ObW'¥o8 Bnd Values Ihal 15 lollrr•MJ by the Tnjsiees Is also based Iseg ￿￿ThJix 11. Charltle• IProtectlon and So¢l*l Investmentl A¢t 2016 SMBP dogs nol rneei the threshc4d atrrf)v• athjiv￿al feF*y1￿ 1$ required under the ChaThtie5 IPrcl8CtK)n ￿ Soo81 In¥e5tm?nll Acl 2016. R•l•r•nc• and admlnl•hW¥• d•t￿lI Charity na So¢l•l Moblllty Buslnoss Partnershlp Othw name tho thanty uses SMBP RegisleTed chaiity nurn￿r 1174309 Chanty'y pnrtryjal adthtss 05bourn• Cl•th•, On• London Wall, London, ECZY SEB N•m•• of tho ¢har5ty trusl•M who manag• the chwlty TNst•• nam• Dates acted 11 n lor whol• ymr Nam• ol person lor btsdyl •ntitled lo appolnt trusl8• Ilf anyl AndrEw Ga￿d Ch•inn 18.082017to rmi Jthnstc >).01.2019 to aJThont 26.09 2018 to ￿tren1 Rot•rt Hahc 24.05.2018 kn wryenl caro￿ Mqhbjan S8f•Juarth'rwJ Officer 24.01.2018 lo cwent Robwi Emn 24.01.2018 to ujmnt Guy N£￿nan 24.01.2018 to ujrnnt Jam￿ Whrte 24.01.2018 lo tuThenl 01.06.2020 10 curreni Ray Berg 18.08.2017 to ¢Jwreni 18.08.2017 10 Current Sarah-Jane Macdonald 24.01.2018 to rANrenl Tanya Franos 09.C6.2021 to current Rot)ert Lav&Eon 17.10.2019 to ￿ffent Corpornt• trust••s- n¥m•* ol lh• dlrnctors al th• dato th• rnport was approved NIA Nam• ol trust••• holdlnq tlll• to prop•rty b•longlng to th• ch•rlty NIA Fund• h•ld ￿ ¢u•todl•n tru•l••• on behalf of oth•rd DeSCnp1￿ ol Ihe assets hehj in Ihis capa¢Jty NIA Narn• and objecls of charity on vth058 behalf Ihe assets are held and how th fal￿ wthin the uJslL*Jwn ¢hanty'S Obi￿ts NIA DetaiL8 of 8ryangemert￿ ale custody segregat of suth fwrn the tharity's ￿ assets NIA NarnM and addr•s•u of *dv5¥•rn l*Won•l Inlormallonl Typo ol ¥dvl*•r N•m• Addre•• Shdley 8￿181 05bome Cl•rk•. On• Lwdon W41, L(ffidon. EC2Y 5E8 Isambard Innovalion LMnrt•J tradiry as Lexiam CLMsuting James House. 70 ch￿tea￿ pa￿ Seveno8ks, TN13 2SH Hea¢J ol Finance Robert Henson 0sbC￿ cla￿e. Ckne L￿￿¢Jn Wal. London, EC2Y SEB Head ol Techrok)gy Annette Bro* Osbome Clawk•. Cts)6 L(¥)don Wal. LC￿On. EC2Y SEB Nam• ol chl•f •X￿ul1¥• or namm of senlor 5t*ff memb•rn loptlonal InloTh•llon} P41A IA dkn¢b)rn' r•pM> ib•¥•. p￿I¢l0n Chaw aTrJ GiloJndor Saleguarrfing orr￿er Dal• 1lliolLL Zoliolz App•ndlx 1: SM8P's Statern•nt of Purpos•. Obl•ctl¥•¥ and Val￿¥ Stat•m•nt ol Purpos•, ObJ•ctlv•$ and V*lu Purpos• SMBP'S pwt*)se i8 as OJI C(ThlItu￿l. "Tr* ObpLts c4 the CIO to odvano the Irorn llw inccrfne backgrrwnds pa￿tsIa¥ exth¥ivety by.. 111 providing and laohtatsTrJ optx*tunil*s Ikw lh￿ t¢) oi*3￿ th exFeri8nc• *ith organis81￿￿ ￿ng in or vrith Ihe proles$K￿$ cl law arKI a¢cWntan￿. such c4her prGlessbJns end ffields as thè Truslees in thw"r absrAule dixrel*)n see fiL 121 •d￿S￿9 and assisttng them to 8chièv8 Ihe necwry qualrfK8t￿$ io enter and prc*3ress in careers in suth r*dess•Jns r￿d9.. Obl•ctl¥•• SMBP i• d•aieate¢J to fv¢J•nlng access to the l•g#l and 8C¢OUntancy pmlesslons by delivtrfng worf( hi ond ski115 ¢raining o)aching suppm 10 seC￿￿ary stale s¢WI students from low thic%)rr* b8¢kwn4s. Ths does Tr)t meon Ihet onty Slwjents knfv) wanl to go In￿ and g¢¢¢unt re 8ccepte(J ￿ the prograrnme. Ullimaigty. even rf a partkipanl decides that a career kn Lqw or a¢C￿lanCY ￿ not lor them. ￿ ojnsider thè prograrnme kn h8ve be￿ suctessful In enablin9 that stud￿1 to take inlonned abwl Ihw hJlur• and inV￿ng Ihwr Unde￿la￿J11¥a ol ti￿￿￿. SMBP'S obpcfv c•n ￿ *Jmrnatsed as Ic*M'. 111 bTr8k drr•m psychow'cal'fiiting in. ￿Udents may experience Ivbon ent￿lTra the worfd of business by prowJin9 Ihem an op￿Unty lo e¥wience (knyerenl Wtthng gn¥lrMments and mèet the p￿esSe￿Al$ ￿thin them: 121 studgnls, cornm￿1 8warwesg 8r•J 5krfls in th• folow arga$'. c&iwnunvtiw. 108nv*nk & knadership. ¢JeaMy & wjtyem solwng, & goal plannlng.. 131 ann stsJdenls *ilh muliilg rayporale tnnd narn89 to ryeate stsnd out P¢rwal St#lemenls ar Cvs". 141 pro￿de er*a89in9 busin*>$ 9ume end I￿￿380d insv3hl expeFiences to ¢reBte Bnecdotes tr* enable stud￿t$ 10 ccrfNJenty answer oynpetw questKns ¢JurfTrJ unfv•Nty and 151 aSs￿t stL¥Jents ¥￿th each slep ol th*r c4w ioumey through (ffjlinè eareer rnen1￿ng w Pewscmal S￿lemenuCV creati￿, completwyb of appl￿1(￿ form5 aryj inleNew weparalion. Valu SMBP alyns its values to the Chanty Go¥ernawKe Code. This Is a ljest praclK*' ccrfle sel up by the Chanty Governan￿ Coye Steering Group.. a volunlw. Lyoss tharity sectorcollaborèu"on. The Charity COrnnS5k￿ acts a5 an cl>seTher to ths groL￿. SMBFYS ¥a￿e$ are as I0￿0*S.. 111 SM8P's truslees are dear atth SMBP's aims and en5urB Ihal Ih8se are being delrvered effecDvely and su8tainably. They prov*Je 5tsategic le•Jerth"p in hne SMBP'S aim5 aryl v8lug5. 121 Th9 ¢nJstees act vAlh integnty." ad￿￿.￿ll val￿$ and creau.nu a (Jjllure that helps athieve SMBP. tharilable wtrrthes. Th8 t*)ard ol trustees i8 awa￿ ol Ihe inpvtance of the publK's Confiden￿ and trusl in thaiili¢s and trjstees undorfake Iheir dulles accudlngty. 131 The truslees m&ke sure that th￿r ¢Jedsk)n-rnthTra tKoc*sses we infomied. VVdofDUS and lim¢ty. 141 The trustees WO￿ as an effe¢lfve team, uslng the apprnpriale b8lanc• of￿18. awr￿n¢¢. background and knNIBdge lo tèke infrmed der45ions. 151 The Injskn, 8pwoach to dNtrwty supputs SMBP'S efforjivew. leadershlp and d8cishJn. m8kthg. 161 The IThJ$￿e$ SMBP In t*ing tsn8parent and accoJntalAe. SM8P Is open In Its wrnk. unl•s$ the￿ is gc4)d feason for il nol to be. ||Social Mobility Business Partnership|Social Mobility Business Partnership|Social Mobility Business Partnership|1174309||| |---|---|---|---|---|---|---| ||Annual accounts for the period|||||| ||Period start date|**1/1/21**|**To**|**12/31/21**||| |||||||| |**Section A Statement of financial activities**||||||| |**Recommended categories by**
**activity**
Guidance Notes
**Incoming resources (Note 3)**
**Income and endowments from:**
Donations and legacies
S01
Charitable activities
S02
Other trading activities
S03
Investments
S04
Separate material item of income
S05
Other
S06
S07
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
Charitable activities
S09
Separate material item of expense
S10
Other
S11
S12
S13
Net gains/(losses) on investments
S14
S15
**Extraordinary items**
S16
S17
S18
Other gains/(losses)
S19
S20
**_Reconciliation of funds:_**
S21
S22
1
**_Total_**
**_Net movement in funds_**
Total funds brought forward
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) before investment**
**gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fixed assets for the charity’s own use||**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05||||| |||214,002|3,875|-|217,877|230,853| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-||-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||214,002|3,875|-|217,877|230,853| |||||||| |||720|-|-|720|501| |||180,382|3,875|-|184,257|203,134| |||-|-|-|-|-| |||-|-|-|-|-| |||181,102|3,875|-|184,977|203,635| |||||||| |||32,900|-|-|32,900|27,218| |||-|-|-|-|-| |||32,900|-|-|32,900|27,218| |||-|-|-|-|16,800
-| |||-|-|-|-|-| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||32,900|-|-|32,900|10,418| |||||||| |||170,252|-|-|170,252|159,834| |||203,152|-|-|203,152|170,252| |||||||| ## **Section B Balance sheet** |**Fixed assets**
**Intangible assets (Note 15)**
**Tangible assets (Note 14)**
**Heritage assets (Note 16)**
**Investments (Note 17)**
**_Total fixed assets_**
**Current assets**
**Stocks (Note 18)**
**Debtors (Note 19)**
**Investments (Note 17.4)**
**Cash at bank and in hand (Note 24)**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 20)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds (Note 27)**
**Restricted income funds (Note 27)**
**Unrestricted funds**
**Revaluation reserve**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|Guidance Notes
B01
B02
B03
B04
B05
B06
B07
B08
B09
B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20
B21|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05| |---|---|---|---|---|---|---| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|| |||-|-|-|-|-| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||206,741|-|-|206,741|179,682| |||206,741|-|-|206,741|179,682| |||||||| |||3,589|-|-|3,589|9,429| |||||||| |||203,152|-|-|203,152|170,253| |||||||| |||203,152|-|**-**|203,152|170,253| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||||||| |||203,152|-|-|203,152|170,253| |||||||| |||-|-|-|-|-| ||||-|-|-|-| |||203,152|-|-|203,152|170,252| ||||||-|| |||203,152|-|-|203,152|170,252| |||||||| |||Signature||Print Name||Date of
approval
dd/mm/yyyy| |||||||| |||||||| CHARITY COMMISSION FOR ￿LAND ANO WALES Independent examinerfs report on the iaccounts Report to the tNstEe51 mernbern PJ On aceounts ye ended Charity no Iiranyl 117430 Setoutoh pwjes )FA 27 1 I rep)rtto thg truBte86 on my exhrnin8tiDn ofthe acA)unts of Ihe aLxwe th8rity I'the Trust") foi the year ended Re>pDnsltdiitl•s and basls cd r•FQrt As the eh8rtty'5 trustees. you arè resp)nwtrle forthe preparnti¢)n olth¢ accounts in accordar)CèV+ith the requrernenis ofthe Charitie8Act 2011 llhe ALYI. I re￿rt in r8EFoet of my examination crfthe Trusys accounts carried out under 6eth.on 145 of Ihe 2011 Acl and in carrwng out my examination, I h8ve follow￿d dl the app4icat4e Dirediorr6 9.vèn ty the Charity Commlssion undersecl'on 1445llbl of the Act. Ind•p•Trdent examinerfs staternent hg tharftys grc6s Income ex￿eded £250,000 and l am qualified to undertako the eKamination tyrf L*ing 8 qualnled rnern￿r ol lIr￿ert name of a￿l(?tAe listsd bcty*ll. Dgbte I l rfnd 8WAc¥blg. I have comF4•t8d my examination. l eonfirn) that no material mattets h8ve corne to my attenb'on in cxJnn4ction the examinalJ'¢)n Icth than that dsdosed tdow'l whbch gives m& ca￿$ to believ8 that in, any rn8terid respect • the actounting r8r￿rd5were not k¢rt in accordance th sadion 130 olthe Charities Art or . the accounts did not accord with the aco)unb"ng records,. OT • tha aewunts did not cO￿rAY *ith the 8Wicat4è requirem*nts conceming thtr form and thntent ofaccounts sel out in the Charities IAecx)unts and Rep)rtsl RegulaboThs 2CQB other than any requirernentthat the aco)unts gve a Irue and l&r' view which 18 not a matter ¢onsidered 88 part of an Ind&￿Tr￿n1 ex8min&b"on. I have no concem8 and have come acrcÉs no other matttsts in conn8ctlon ￿1th the exarnlnation to Ythich aiteniion should te drah in this rewJrt in order to enat4e a pmpar understsn(fing of tt a¢￿Unts to ￿ reached. ' Pl8gse dolete Iho 4swds in th&b￿k￿lS rftl*ydo nol &ppty. Name: Relevant ptrAesskn quaiifutionls) or Ix)o* Iir any): RC Address: Only complete if the examiner need5 to highlight material mattets of con(trn (see CC32. Independent examination of charity actounts: reth.ons and guidance foi examiners). Glve here brief detai15 CA any Iterns that the examiner wishes to dlsclose.