Ch•rrty R•gl•tr*tlon No. 1176645 ASTRIID ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2022 ASTRIID LEGAL AND ADMINISTRATIVE INFORMATION C Faith S Short D Ro38rn T knwar {ResvJn8d 7 D8c*mber 2021) Moav L IRe¥ned 7 Ma￿h 20221 GEII Chl•f ExKutlv• S Shuts Ch•rlty numb•r 1176645 Prfnclp•l •ddr••• Br*e Ro*J Cranfield Surrey GU6 7HH Accountant• Future C￿d fvta¥Jntry Limit*J Unrt 14 H8lrfax Court Fernwo￿ BU￿ne$S Pa CONTENTS P•g• Trustws report ststeff•nt of firArKiol xtrlitss 8818n¢o Shoot Not88 to th8 financlal statements 7-12 ASTRIID TRUSTEES REI>ORT {INCLUDING DIRECTORS. REPORn FOR THE YEAR ENDED 28 FEBRUARY2022 The Trustees preaent thew rwt and fiMrKI818latem￿ for the y4w ended 28 Februory 2022. The financial str1err￿ts have been wepared in with the ￿￿OUnt.￿ polK4es setoul in note 1 to the financial st*nwts and compty with ts charity's tgoveming docurrentl. the Charibes Act2011 and 'Accounts'ng and Rewb'ng ty Charitss.. of Recomrr*nded PT8ctic* applicable ta charfb.es preg8rfno theér aCC￿nts in ￿￿OrdanCe with the Financkn?l Rep￿INj Stsndard applkabl8 In the UK and RepublK of Ireland IFRS 1021 (effective 1 January 20191", Obl•ctlv•• and •ctl¥lll•• Astriids objeciNes for whth the tharity estaWish&J is Ihe ffjlEf of uMmployment arr￿ng51 p80ple whose lives are allected by chr￿￿ and bng4em Ill￿ for the tenefft of the Publ￿ in such ways as may b? I1￿ught fiL ￿lS￿rK• to ffind opwnats 8nd Job ploc•rnnts. Tho Tru8t•o8 have paKI rogard to guidan￿ tho Charity corr*￿ in d￿￿￿Ing what athltth shoukl undertakè. R•fvw•nc• •nd Admlnl•tr•tlv• d•t•ll• The8e are Jet out on page 2 in accordarKe with section 1..27 01 Statement of Recommènded Pwti¢fr. In deciding on the ol the charity trustees have given due regard of the Charty Commission$ guid8n¢• on publ* ben¢fft and havo (4nWiod ￿th thwr duty in 4 ofthe 2011 Chanti88 Act. A¢hh¥•m•nt• •nd p•rtornwn Having athiev¢d charitsblo status 1> IY January 2018, by the 28m L* February 2022, 93 ndidate8 were pla(*d into and voluntary ￿ pl￿)ents. 1.444 candidates and 255 companies wisternd on Our Site since the registration of the chanty. Astribj ha5 created a matching diqrtal plaffomi Ihal connects candidates wrth pb OPFQrtunrtfts and we initiated 2,960 numter of conne¢ts"on$ wn¢e tho irThpttsi of charity IwhKh an expresSp￿ of inter86t by o o)mpony in the e•ndid*t•. Astrlid us8s ¥olunt¢w¥ a¢ross ts orywwlK)n. We like to thank all wr *Y)nderful volunteers, thout whom the charty C￿ld not run. have recrurted more than a dozen invisible talent pool volunteers and developed a parthership with Australian lechnKal training supplier, l•Vrth Y¢)u Me, who are now supporting candthtes i*llh pr•*al help in training new skills that wlll help our candidates trJ find To￿. have a g￿t voluntser team who help with the day to day funning of the organisalion covering finance. technology. cx)mrnnh%tW5, adMin￿tratiOn. event planning and ￿￿)re. have Vle havè undartaken a first Sery￿e ￿￿￿Ul1a￿ and h•J a strategy day with tho twstse t￿rd and other $takelKJkJeTr. We are Vlvking Ily￿rdS wbli6hing our n•¥ strategy in the next financial year to Set out OLtr vision for the charity in the next 3 yoar& ASTRIID Fln•ncl•l rnvlv* Vle wouid like to th￿k all ¢wr ivKJriwJual and (• and the v*11￿Ul tr￿r supwt we I￿￿k1 be unable to wovwje the do. During the ac£ounts'ng c*anty receNed totsl in(yTh of£200.231 irKurred expgnses of £283.624. The trustaes have 4re8d a minirrwm ofa three-￿￿th r8seNes Fo1￿Y which equates to a minimum of£71,0(Ks. The chanty camed lo￿ard Te4erves of £10,223, wthich inadequate to the reseN•s at thi8 ts'me. The charity ￿rn8 to rninlain rnserves to meet the chwivs I￿[8d￿ but wnl80s it o fo(ang currnntty. The Irustee6 reeo3n68e that a material delkit wa8 in(￿rI￿j in the y￿. irrpxknJ heavity upon the reser4es and the aoino concwn of the charity. This was an￿1pat￿l by the trustees to enable the managomonl tsam lo bring in rw prc¢es￿ and offw a WKler Tange of8er¥ices lo our t￿nef￿lan8s. The trustees have approved the budgets lor the year to 2PA2r23 whth a Su￿1￿$ of £20.257. The chartty continues to develop ts ser4Kes and wll be Setting up a corwjliing division in the year ahead to offer our experb'se lo bjost recruit1￿nL retentv)n. 8rvJ in a wnpany's and to bring bng" temb t<>ndttionJ to IMir Ofv•rnity and Incl￿10Th ay•NI•. a(x4Ptthere are risks invofved in thefijlurn (Jpwat￿ 0ftr￿charity trArtwrth a team wothlng on ¢Jur Vision ¢¥mfKJgnl thol the chwity *ill to fvnolwm and 8vstainabl• in the fvture. 81Nclur•. g¢y••rn•n¢•. •nd m•n•g•n*ftt The organi8alK)n is a charrtable inc￿P?￿￿ cryanisabon, i￿pOra￿d on 1P February 2017, and g￿tered as 8 ¢harty on 12th January 2018. The charity is 8Jtablishod under a rrth￿ndUM of The management of the chanty is rnsponsts'iity of tho Trustms. The app)intffthl of trustees 1$ gulatsd by the Charity'$ men￿rn￿luM and arlxles of a88Ctiètth. The of apw'ntrrnnt ol new trustees with the mènknr5 and exffjtinq boafd of trustee8. Nthv twstees are recrurted on their 8ki118 and experience. and onc• a tru8ts8 ts recrurted. uThJwyoan ITh1￿11￿ Itot them to the work olAstriKI and th*r respon￿bil￿￿$ as a trustO0. The charlty pahd Saw0￿ for trrining aThJ softw8r• during tho yO•T. In 8dditb)n. tho ¢hofity provhaos Advanc•d Comput•r Softwarg Group Lld with c4ndidat•s and •ams inc￿￿ from th•m. Two trust￿, S Short and M Davies work for Advanced and saknsfo￿ rgsF*thety, and we have recegnised there 1$ conflict of interest and have drafted a ￿nffl￿t￿qnter¢¥I Fdw. register and training on the Impl￿a￿'0nS ol having a wIf1￿t of witeTest to en8urn trustees dedare inlwests C￿ and are absent from any decision making. The Charity trustees are resk*)nsible for pwring a Trustees, Annual Report and finar￿la1 slatements in rdance wrth apprUb￿ and Unrted ￿ngd￿ Accounbng Standwds {Unrted ￿ngdorn General Accept8d ACCp)unDng prxbC&}. The18w applKabte to charitss in EngL•nd V&l85 rtyuires the tharity trustoes to prepare fin8naal stslements for each year whth gr¥e a true and fair vvw, of the slate of affairs. of the charity and ol the incoming resouw and app1v￿n of resour￿. ofthè chaiity fvr that ￿nC￿l. In preparing the financial stslewents, the trustees affj rwuired to.. ASTRIID Stats whether appl￿ble a¢counting standath have been folkr•thwI. 8uL* lo any materfal departures that mu•t aThJ txplair￿d in Ihe finarKial slatefflenls. thg chanty wll cgjntsnue in bus1r￿s. The trustees are re8QK)nsble lor keeping woper rtt4xds that disdose with reasonablo accuracy at any tim the financial F#)Sttion of the charty and to onable them to ensure that the financial ¥tatsments compty with the Chantw kt 2011. the ￿P￿￿*ble Charilie5 (Accounts •nd R•p)rt81 Regulat)ons, and th8 provlsk)ns ol the Tntst dood. Thoy are also resp)nsible for safeguarding lh6 a$￿ts ofthe thanty and ts￿'n9 roAsOnab￿ St￿ lor th8 prtrth)tiDn and dthti¢)n oltroud and other irwularrtk8S. Included on the chaffty's webslte in acoxdart• wllh 1•9bsl•0￿ In tho Unlthd Klrfjdom wvomlng the report was apwoved by ts trusta￿ on 16 O•¢¢mb•r 2022 •rK1 on beh8W ty. S Short Trustees Dated.. 16 December 2022 ASTRIID INDEPENDENT EXAAIINER'S REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATirfoRY FINANCIAL STATEMENTS OF ASTRIID FOR THE YEAR ENDED 28 FEBRUARY 2022 I report to the trustees rry examN￿kn of the ax(xKts of tr* r*Arty for the year erI￿j 2 Felxuary 2022. R••poMlbllltl•• and bMl• ol r•port A4 th• charity'g try¥t￿. Y￿ 4r• ro*P￿Ibl* fty th• F*•pw•kn olth• xcount• in •ccord•nc• with th• requir0Th￿rts ol the Cttafrt￿ Act 20111.the Acri. I rawt in resp￿t of nry of tho TnAYi *Jxwnts ¢xl￿ und8T sothn 145 of Ihe 2011 £t and In carrying out my examinat*)n, I have foiby*Ed all the ap￿table Dirncb)ns gNen by the Charty CommwvJn under sectw 1495Mbl of connection wrth the examinakn AMnA causè to belvrfe that in any material resp 1) accountsry n(K kew of the Chty a5 rw4utsJ ty S￿)n 130 01 the Art c 2} ts ac£cwnts do nol wth ItK*e r￿d$. 31 the aeeounls do not comply with aPpl*ab￿ rnquiromwts c1)ne￿ing I￿ fomi arKI content of counts sel out in th¢ Charrt*5 (Accounts and Re￿rts> Reguuitb￿5 2LK)8 other than any tequirement that the accounts gNe a true and far whth ts not a matter ¢￿s￿lered as part of an bndependenl I have c￿￿emS and have con* xrrAs other matters in cx)nn8dK￿ with the examinakn to whKh altantion shoukl b& drawn in tho i•rx)rt to enabb a sy•r unowstanding of the acctyjnts to be reathed. cnarh)lle ACA fg IIL120LI ASTRIID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2022 STATEMEKf OF ACTNMES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 28 FEBRUARY 2022 Total fvnds 2021 fvnd• fvnd• 2022 Donat￿n$ 8nd189 Charltable actsvltses 140.981 45.(XX) 140,981 59.250 157,922 10.000 14.250 Total Incom• 115,911 14250 200,231 187,922 Raising fund• 117,794 151.580 117.794 105,830 45.701 102,291 14.250 269,374 283.624 147.992 N•t In¢om• for th• y••rf N•t MOV•￿ In fund• Fund balanc•8 on 1 March 2021 (83,3931 87,522 (83.393) 19.930 72.592 Fund b•l•ncM on 28 F•bru•ry 2022 9,129 92.522 The 8tatsrMnt of fin*r￿lI1 a¢bvibgs all gains aryj k￿￿e8 rwn*ed ui tho yw. All ino)m and eXp￿dIlure derr￿ frryn conbnuing acbvibes. The slat8m8nt offinancial adi¥rfi8s also cxwnplios th thg reqUiw￿￿￿t# knan Ir￿1￿ and 0xpondr￿r• account under the Ch•ritie5 Act 2011. ASTRIID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2022 BALANCE SHEEr AS AT28 FEBRUARY2022 Note Unrestrkted Restrltted Funds Funds Total Funds Prlor Year Current Assets Debtors 30.181 30.181 7.830 C•sh at bank and In hand 13,9171 11￿ 99,025 Totsl Cuff•nt xs•ts 26264 J1364 1(KSJ55 Uabllltl•% Credltors due wfthln one ￿ar li 22,135 22,135 14.333 9,129 92522 The funds ofthe charlty.. Restrfcted Income funds 5,(W 5.CiKI 5.(MX) Unre5trirted income fvnds 4.129 4,129 87.522 Totsl ch•rlty fvnds s.(¥X> 9,129 92522 The financial 8later*th were 8prytyed ty the Trustees on: 16 0￿0m￿r 2022 Ch•lr of Tru•t•••: S Short Ch•rfty R•gl•tr•lkn 1170645 ASTRIID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2022 The ¢harity is entiuod to the exerFytw)n frtMn Its audit requirenwrt conlained in the Charthes Act 2011. for tho year ended 28 February 20L•. enmply with th& Act and frjr pryring finanv.￿l A tnA* And frAir rtf th*. xtxt*. rlf Affairs of the charsty as al the end of the financial yeaf and of its inwrnng resc4Jrtes and app¢icath)n of resources. including its income and exFenditure. for the finanaal year in ￿￿dance wth and whth otheThris• Comp￿ with the requl(emènts ofthe Charth8 fv£* 2011 rnlatlrKJ to fingrK¥al slat8Thnts. 80 far •$ 8ppIKxbl8 to the charity. The m•mbw¥ havg not rnquir•d th• chwity to obtabn an audit of rt¥ finwK4al Slal•nW￿ for tho year Sn QU￿￿0￿. to the 8mall charltle8' regime. Ch•rfty Inforn Asmld 1$ a Charllablo Organis•b￿. The sYwKipo1 Offi￿18 Lawlon, 8rW Rood. Cr8nlgyh, Surrey, GU6 7HH. 1.1 Aecountlno eonv•ntlon The financ￿1 State￿nts have bgen wepared wlth the Charfty's govemlng docurrnnt, the Charities Act 2011 and "Aec<>unting and Rowb'NJ by charit￿.. Slatewont of Reo)mmendod Practice applicable to charitw preparlng their 8c£4)unts in ac£ord8n¢e with the Financial ReForb"ng Stsndard ¥ppIKgbfe in the UK and Republic of Ireland {FRS 1021 leffecbve 1 January 20191". The chaiity 18 a Publi¢ Benefft Entsty a8 defined ty FRS 1ff2. The fin8naal ststsw*nts are prepared in 8lerting, wttKh 18 the hJn¢t*)nal ¢urrwy of the chadty. IAono14ry amounts in th¢se financial statemnts are rounded to the nearest £. The financial ststenwnls have been wepared under the historical cost o)nvenb"on. ft￿11fied to include the revaluation of freehold prcyeri*s and to indude investr1￿1 propert￿ and wtain financi￿ instruments at fair value. The principal acownting Fo1￿leS a￿ set out l)ekn¥. 12 Golng ¢onc•rn. Reference to our ¢on5Kleratw ab3Ut the going corKem natra￿ of the ch*ty ha5 been Included in the Trustee rep)rt under the financial review seclion. At the time of approving the fina￿181 stslements, tho Trustees have a reasonable expectatson that the chanty has adequate resources to continue in operational existonce for the foreseeab￿ fijture. Thus, the Tfu*es C￿tinUe to •Jopt the gryng ￿nCeM basis of Counting in preparing the financ481 Slat￿ts. 1.3 Ch•rltabl• fund• Unrestncted funds are available tr use at the distrEtsC￿ of the Trusie8¥ in fUrt1wv￿ of their charttabLe ASTRIID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2022 d us8$ of the restrthd luThJs are set in the notes io the financial statements. IA Incom• I Irthm k8 recognLryea once CA)mpany r￿& entMem￿l to Iho InrA)rn, rt ￿ probab* that the IrKoff rym b8 rece￿j, and the an￿nI of inconx ￿l¥ats￿ can be mèa8ured rel￿bty. hJtriKI rnat¢￿ those candidates with low terni or Chron￿ illness into of work w5th compan*8 who r¢gisler on ¢)Uf •bto. ￿ ask IPth• onK>kyy•rn to ftwko a %y>luntary donation to us onc• o pw8on 1$ emptyed by them. 1.0 Exp•ndltuw• Expenditure 18 recogni8ed once is a conslFuclrM a￿lgaI￿￿ ta transfer ttonomt bonefit to a third paty. It is probable that a transfer of ecor￿Th￿c beneffts will be rgquired in selilerwt and the amunt of the obligation can be rr*asure(J Tel￿b￿. Expendrturn ¢s classffied by xtNty. The ¢>)St ol each xlivty is made up ofthè tolal oldirèct costs and Sho￿j costs, induding support costs involved in undertaking 88ch activfy Dlrect03sts attrthrtth lo a SM9￿ actP4ty arè alkcat¢d ¢J1[￿ty lo xbvty. Shared cs)sts which ontribute to m¢)re than one xbvty and crnts whKh are T￿t attnbutable to a single activity 4T• apwvtioned behween Ihoge 8ctNrties M a baso ¢4xsth)I with the use of resour￿. Central staff eA)sts Suprx*rt costs aro th080 ¢08ts iwrrod dirth in supwt Ofe¥p￿￿11ure cm the obiecl8 oltho c4>mpany Charitable 8cthviOes and Govemm cyxts aro (¥)sts on the rjxnpany's opernb'on$, includln9 1.0 Cuh •Dd u•h •qul¥•l•nt• Cash and txh equivalents include c3Jh in hand. deposits hekl at call with banks, other short-term liquid investments wrth onginal maturths of thre8 rronths or ￿￿. and bank ovwdrafts. Bank overdraft8 8r• 1.7 Fln•ncl•l In•lrum•nl• The has electwj to appty the prOv￿Aln5 of 11 'Basic Financwl Instrunwts, and Secllon 12 '0th8r Financi81 Instruments Issues. of FRS 102 to all rtg financial instrLtmgnts. Flnandal instrumènts are TecyJgni8ed in the .8 ba*n¢• slwt t*1￿• the beconm party to the contra¢tual PTovisKJns of the instrument. Financial assets and liabililies ￿ offsrt with net anN￿nts mth)ted in the financial 8tateThnts, when there 1$ a legalty enforceab￿ right to set off the recryn1￿ amounts and there o an intentK)n to settle on a nel or lo rg8li8e the as8d selue ts Iwkn.￿ty smil1￿&￿. B•¥lc Ilnancl•l ••8•ts Basic financrdl assets, indu¢Je debtots and cash and bank b3Lanees, are in￿alty ft￿Sured al transaction price including tr8ns&lion costs and are subsequenty camed at amrb'sed cost using the effective interest meththy unless the arrangewem etiWibJtes a llnanung transacbon. where the tranSact￿n is measured at the present value of the fuiure resxipts di￿inted at a market rale of inleresL Financial assets classrf*d as receprnble *ithm ygar are not aNKxtised. ASTRIID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUAR Y 2022 flmncthl Il*blllll•• Basic fin¥nual li8bilrt*s, indudirw4 creditots and bank h)ans are initialty Twinised at tranSaC￿n price unless the arTall9e￿￿t constitute5 a finanung tr8ns•*on, whwe the debt in$tru[r￿1 1$ n*a5ured al the pTrsent value of the fvlure pay￿￿nts dr8counled at a Th￿rket rate of intsr8St Finanual liabilth.es clasyffie(I as poyab￿ With￿ one yoar arn not arrThlised. Trade creditorn are (Jbligatmxrf kn pay for goods or sepirAry8 that ha¥a been in th¢ ordinary ￿urSe of Operat￿n$ from suppliws. Ary￿￿nts payatle are dassrf*d as Qjfrenl liabilrfies rf payment is due on• y68r or le¥s. If nol th•y are presenled as r￿n-current IKgbJ'lrtw. TTade crnditors are reeognL8ed initially at tranSaC￿On prKe ar￿ sub8equenty mgasurnd at ￿lI8•d ￿81 U￿n9 the ellectfve Intere81 ff*llk)d. Flnan¢ial liabilltles arn ¢JereCtyJnk￿ 7*twi c*•rtty'$ c¢)ntra¢tt*l oblKJaUMs explre or are discharged or e•ne•lknd. 1.8 EmployM b•n•fft• The averagè number olenW￿088 duty the year wa8 8. (202144111. An8ty8ts of Staff (y)sts.' 2022 2021 SalarSe$ & Wes Sou81 secunty costs Pension I￿ntributions 86,067 2,134 928 Ramunér8tion to kry in lh• £36.40912021425,8081 crftk•l •ccounthry ••lIM￿ and Judgwn•nts In the applThlion of the charlty's ￿)Unting pc4￿. tho Trustees are required to make Judge￿nts. e8(Irr¥tg¥ armj a53uMpU(￿w almmrt the Ca￿Ing anThini of as¥ffls and IlaL¥ths mai are not r￿lty apparent from other sources. The estirroteg and associ￿ assumptions are based on histc*kal oxperierK• and other factors that are relevanL h£tual results may Irom these estimales. The eslimates and undetywYJ assumptions are rev*v*pd on an ongoing basi5. Revisions to 8¢¢ounting estimates are r￿n1￿1 in the Pa￿ in which the estimate 15 rev￿ad where the fevtsion all￿ts only that F*nod. or in thè pwknd of the reviSK￿ arKI fvturo the r¢vwi aff*ts tJatwJn Motor Veh￿￿ expenses SotlAvare I￿er￿ Legal & profess￿ Bank charges Govemanco VJ8ts Tfaining fees Independenl Revivw Fee 2,391 73,355 5.454 2.940 193 13,908 5,000 1.173 210 5,784 952 13S 22 8.453 2.943 150 750 1.300 342 750 14 li ASTRIID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2022 The trustees all gNe freety their and exF*rtise without any fomi of remunefatlon or other benefft in kind or cash {20214Nill. Expense5 paKI to the Iruslees in Ihe year was £Nil12021-£Nil}. Two trustees, Sinbjn Sh(wt and Martin DavK% were emthed ty Athianced Computws and Sal8sforee UK Lrd ￿$pethe￿. Duflng tne year, ¢XW recefved £29,743 In ufire5tr￿e￿ ¢Jonotson¥ from Saiesforce to fund Ong￿n9 expgnditure and recer¥od £10,576 from AtharKod for event matching and the plac¢ng of candidates. 80th trusteeswere not invow in the and rec*ipt ofthe fvnds and the charity havg recognised the issue around o)nfiKI of interest and we have drafted a polw to ensure p)tential o)nflicts Salesforce UK and knanced Computefs g Contr•ctorn Employm•nl co•t• 2022 2021 Contractor Fees 89A61 10 D•btorn 2021 Amounts falllnq du• wlthln (•n• ymr. 30,101 7.830 11 Cr•dltov•: Imounts f•lNng dy• wlthln on• y••r. 2022 2021 Other creditor8 Tax8th"on & soaal 8￿u[Ity Pen$*)n contributKfflS due 16,851 4.785 10,474 22,134 10.474 12 ASTRIID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2022 The charrty operates 4 dertr￿d benefft 8chem8 With Nest AJI ￿p￿ye8$ arv invi￿j to join after three 13 C••h g•n•r•t•d from op•rntlon• 2022 2021 IDeficttllSur￿S for th? ygar (84.718) 19,930 Movem￿ts In worknng a*1: Ilncreasel in debtor8 Incr88s0 in credito (23,0191 9,795 3,859 C••h g•n•r•l•d froml {•b•ort••d ty) op•rntloM 197.9421 70,689 13