**Charity Registration No. 1180793**
**NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2020**
## **NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **Trustees**
Mr A A J Pile Dr R Carr Ms A Tilley Ms P Clarke Dr F Dunworth Dr N Harrison Mr M Bettencourt (Appointed 6 May 2020) Ms E Watson (Appointed 6 May 2020) Mr M Hill (Appointed 6 May 2020)
**NNECL Director** Ms P Ambrose **Charity number** 1180793 **Principal address** Kemp House 152-160 City Road London EC1V 2NX **Independent examiner** Frances Wilde FCCA DChA Warner Wilde Chartered Certified Accountants 4 Marigold Drive Bisley Surrey GU24 9SF
## **NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 4|
|Independent examiner's report|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Notes to the financial statements|8 - 15|
## **NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS**
## **TRUSTEES' REPORT** _**FOR THE YEAR ENDED 31 JULY 2020**_
The trustees present their report and financial statements for the year ended 31 July 2020.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's constitution , the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".
## **Objectives and activities**
The charitable object of the National Network for the Education of Care Leavers (NNECL) is, for the public benefit, to relieve the needs of people who are in, or have spent some or all of their childhood in, public care by:
- providing advice, guidance and support and other services in order that such people may fulfil their potential as individuals;
- advancing the education of the public, service providers and the media by providing information and advice on the issues affecting the welfare of people in care and care leavers with the object of reducing negative stereotyping and social exclusion; and
- encouraging the improvement of services for care leavers and those still in care
in order to transform the progression of those with experience of being in care into and through further and higher education so that they thrive throughout their lives and careers.
Our remit is particularly focused on supporting practitioners in universities and colleges who are working with, and for, care experienced students. We do this by:
- developing and sharing effective practice via our Regional Groups and National Strategy Group;
- advocacy with policymakers and sector bodies in higher and further education;
- working in partnership with cognate charities and other relevant organisations;
- commissioning our own research and disseminating findings from others’ research; and
- providing training, events and guidance materials.
NNECL’s activities during 2019-20 were focused on the following areas:
- progressing our project to develop a new Quality Mark accreditation scheme for universities and colleges to demonstrate the inclusion and success of their care experienced students;
- working with other cognate charities to advocate for the needs of care experienced and estranged students during the COVID-19 pandemic and lockdowns;
- further recruitment of member organisations to support the work of the charity; and
- establishing the NNECL office, including staff recruitment and the development of key organisational policies and procedures to ensure the smooth running of the organisation.
We confirm that the trustees have had regard to the guidance issued by the Charity Commission on public benefit.
NNECL values the contribution made by volunteers who actively participate in our work through the National Strategy Group and our network of regional representatives and groups.
- 1 -
## **NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 JULY 2020**_
## **Achievements and performance**
NNECL had a busy and productive year in its first full year of operation as an independent, registered charity. The COVID-19 pandemic had an understandable impact on some of our activities during the second half of the year, with priorities shifting to deal with the challenges this presented.
## **Membership**
We made an excellent start to our membership campaign in autumn 2019 and successfully recruited 52 member organisations over the year. These comprised universities, further education colleges, leaving care services in local authorities and other organisations with an interest in this area of work. Further targeted campaigns are planned in spring 2021.
## **Quality Mark**
One of our key achievements over the year was the development and piloting of our Quality Mark (QM) accreditation scheme, supported with grant funding from the UPP Foundation. The QM process is designed to evaluate institutional support and commitment to care experienced students across seven areas: culture and leadership; continuous improvement; pre-entry activity; admissions; student wellbeing; student success; and collaborative and partnership working. For each area, the QM provides a set of criteria statements against which participating institutions are assessed.
We ran a first pilot of the scheme in late 2019/early 2020 with 11 further and higher education institutions, all of whom successfully completed the process. The timing of follow-on work was then affected by COVID-19. The pandemic also highlighted the need for additional work on the QM criteria and processes, including an enhanced focus on student mental health and less reliance on institutional visits to complete the assessment.
New criteria and detailed written guidance were produced to underpin this new approach, with input from an external consultant and an Advisory Board (comprising representatives from other relevant charities and HE sector organisations, the Department for Education and the Office for Students (OfS)). NNECL trustees and National Strategy Group members also played an active role in helping to develop the extended guidance.
This revised approach is currently being trialled on a collaborative basis with 8 further and higher education institutions in the Greater Manchester region, with the support of the Greater Manchester Combined Authority. Our current plan is to launch the QM publicly in May 2021, with staged roll-out from summer 2021 onwards.
## **Responding to COVID-19**
As part of our response to the pandemic, NNECL worked collaboratively with the Unite Foundation, Stand Alone, Spectra and Become to highlight the particular difficulties and challenges faced by care experienced and estranged students. Over the course of 2020, the group carried out two student surveys seeking views on well-being, practical support, accommodation and financial concerns.
The initial survey took place in the first week of lockdown in March 2020, with responses from over 250 students. The main concerns emerging from this first survey related to: students’ abilities to complete their courses and to earn (62% of respondents); feeling lonely and isolated (55%); and worries about essential food supplies (50%).
A second survey in May 2020 received over 450 responses. This particularly highlighted concerns about whether basic bills could be met over the summer, with many respondents not receiving consistent financial support from their local authority or institution.
- 2 -
## **NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 JULY 2020**_
Feedback from these surveys informed a joint submission of evidence and recommendations to the House of Commons Education Select Committee enquiry on _The Impact of Covid-19 on Education and Children’s Services_ . Alongside this, NNECL collated examples of good practice from universities and colleges in supporting care experienced and estranged students during the pandemic (available at www.nnecl.org). This also fed directly into an Office for Students briefing note on _Students Without Family Support_ (https:// www.officeforstudents.org.uk/publications/coronavirus-briefing-note-students-without-family-support/).
Another consequence of the pandemic was the postponement of NNECL’s annual conference. In its place, we delivered a public webinar event showcasing and sharing good practice in supporting care experienced students during this challenging time. Following the positive feedback from this event, we are now developing a regular annual series of webinars, open to all.
## **NNECL Board of Trustees**
Three new trustees joined NNECL during the year, further enhancing the skills and expertise of the Board. These were: Emma Watson, a chartered financial planner who was also appointed as NNECL Treasurer; Michael Bettencourt, a researcher and former head of a Virtual School; and Mike Hill, an Assistant Professor in Learning and Teaching, with expertise in widening access and student engagement, retention and success.
## **Staff**
In May 2020, Sian Edwards joined us as our Communications and Administrative Officer. Debra Clothier, the first NNECL Director, left part-way through the year, and her successor, Patricia Ambrose, was recruited and joined the organisation in August 2020.
## **Financial review**
Total income during the 2019/2020 year was £122,540 (2018/2019: £32,230), comprising £100,021 in unrestricted funds (2018/2019: £15,453) and £22,519 in restricted funds (2018/2019: £16,777). We are particularly grateful to: the Esmée Fairbairn Charitable Trust for its grant funding to support core staffing and office costs; and the UPP Foundation and Greater Manchester Combined Authority for supporting the Quality Mark project.
Expenditure totalled £64,209 (2018-2019: £33,921). Restricted funds’ expenditure was lower than originally budgeted as the COVID-19 pandemic led to some delays in projects and staff recruitment. All unspent restricted funding is carried forward for use in subsequent years.
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to f our month’s expenditure (£24,000 in 2019/20). The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. Th e charity is working towards consistently maintaining this level of reserves by the end of the 2022/23 financial year.
As at 31 July 2020 total reserves were £56,640, of which £4,308 was for restricted projects and £52,332 was unrestricted.
NNECL maintains a risk register which is regularly updated and reviewed at Board meetings. The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
## **Structure, governance and management**
The charity is a Charitable Incorporated Organisation.
- 3 -
## **NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS**
## **TRUSTEES' REPORT (CONTINUED)**
## _**FOR THE YEAR ENDED 31 JULY 2020**_
The trustees who served during the year and up to the date of signature of the financial statements were: Mr A A J Pile Dr R Carr Ms A Tilley Ms P Clarke Dr F Dunworth Dr N Harrison Mr M Bettencourt (Appointed 6 May 2020) Ms E Watson (Appointed 6 May 2020) Mr M Hill (Appointed 6 May 2020)
Trustees are appointed on the basis of their relevant skills, knowledge and expertise. This includes involvement in activities related to the support of care-experienced and estranged students in higher and further education.
None of the trustees has any beneficial interest in the company.
NNECL supports its trustees by signposting and meeting the costs of relevant training. Detailed terms of reference for the Board, including expectations of Trustees, are being developed and will underpin future recruitment and induction processes.
The trustees' report was approved by the Board of Trustees.
.............................. **Ms E Watson** Trustee Dated: .........................
- 4 -
NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF NATIONAL NETWORK FOR THE EDUCATION OF CARE
LEAVERS
I r8port to the trust88s on my examination of th8 faal statem8nts of Naticffbal for the EdU¢tton
of Care Lèaver8 (th8 ttr6ty) for the yaar ormled 31 July 2020.
R••ponslblllll•s and bul• of r•port
As the trustses of the c*arfty yw are responslblg for the preParan of the finandal statements In
accordance wlh tha requiraments of tho Charits$Act 2011 (th¢ 2011 Act).
I report In respect of my 6xamln8tlon of the tha8 Ilnandal statemgnts ¢arrlod wt ur¥J•r saction 145 of
the 2011 Act. In Carrying out my 8xamination I have followed all the appkcaL48 Direction8 given by the
Charity Commi88lon under Sectbon 145(5Xbl of tho 2011 *L
Ind•pondonl ox•mSn•rf• stat•m•rt
Your att&ntlon 1$ drawn to th& fact that tha charfty has prepared ffinandal statements In accordanca wkh
ounting and Reporting by Charities prepariThJ their 8c¢ounts in acttrfdance with tho Finanual Raporting
Stsnd8rd applicabl8 In the UK and R8p&)Ilc of Ireland IFRS 1021 in pref8Tence to the A¢>*unllng and
Reporung by Ch8riUes: Statement of ReCommer Prndlco Issued on 1 Aprll 2005 whlch 18 referred lo In
thg extant rylallons bul has rh)w been
l understand that th18 has bo•n dono kn ordor for finandal statements to 8 tnje 8nd falr 0W In
cLJrdance wlh Generdly Att6Frt8d Acc(xmllrKJ Pracllce affacuve fix pgrlod8 bgglnnlng on or
after 1 January 2015.
I h8v8 complètsd my axamInOn. I confim that no mattern have comg to my attontlon In nn&cln wlih
the examlnation glvlng me cause to bg1Seve thal In any matotsl raspect:
accounlng record8 were rnt kept In respect of the dwlty a8 rgqulvod by sn 130 of Ihè 2011 A¢
or
the flnand818tatements do not a01{1 wlth IIK*0 rK%xd$: or
thè finandal stslements do not CoMY wSth the lble requirements concemlng tho fom and
o)ntenl of a¢nIS sgt oul In the Charilie$ (Ao))unts and Repts) Regulations 2008 other than any
r•qulr8ment that the acojunts gfv8 a truo and lak vi6w whlch18 not a matter consldernd gs port of an
Independent axamlnation.
I have no concoms and havè como a¢XOSS no othw matters In cg)nnection tho examlnauon lo whlch
attenlion should be drawn in this report in ordor to onab5e a pPor undgrstsndlng of the financial statements
to bg r8ach8d.
[-VcL.
FrafKeB Wllde FCCA DCtr&4
Wamer Wlde
Chartered CerUfi8d Accntsnts
4 Marigold Drive
Blsley
Surrgy
GU24 9SF
## **NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 JULY 2020**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2020**
**2020**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**3**
99,138
22,519
Charitable activities
**4**
867
-
Other income
**5**
16
-
**Total income**
100,021
22,519
**Expenditure on:**
Raising funds
**6**
475
-
Charitable activities
**7**
45,523
18,211
**Total resources**
**expended**
45,998
18,211
**Net income/(expenditure)**
**for the year/**
**Net movement in funds**
54,023
4,308
Fund balances at 1
August 2019
(1,691)
-
**Fund balances at 31**
**July 2020**
52,332
4,308|**Total**Unrestricted
Restricted
funds
funds
**2020**
2019
2019
**£**
**£**
**£**
121,657
14,010
16,777
867
1,443
-
16
-
-
122,540
15,453
16,777
475
-
-
63,734
17,144
16,777
64,209
17,144
16,777
58,331
(1,691)
-
(1,691)
-
-
56,640
(1,691)
-|Total
2019
**£**
30,787
1,443
-
32,230
-
33,921
33,921
(1,691)
-
(1,691)|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
- 6 -
## **NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS**
## **BALANCE SHEET**
## _**AS AT 31 JULY 2020**_
|**2020**
**Notes**
**£**
**Fixed assets**
**11**
Tangible assets
**Current assets**
**12**
Debtors
841
Cash at bank and in hand
70,834
**Creditors: amounts falling due within**
71,675
**13**
**one year**
(15,544)
Net current assets/(liabilities)
**Total assets less current liabilities**
**Income funds**
Restricted funds
Unrestricted funds|**£**
509
56,131
56,640
4,308
52,332
56,640|**2019**
**£**
1,240
-
1,240
(2,931)|**£**
-
(1,691)|
|---|---|---|---|
||||(1,691)|
||||-
(1,691)|
||||(1,691)|
The financial statements were approved by the Trustees on ......................... .............................. Ms E Watson **Trustee**
- 7 -
**NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 JULY 2020**_
## **1 Accounting policies**
## **Charity information**
National Network for the Education of Care Leavers is a Charitable Incorporated Organisation.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling , which is the functional currency of the charity. Monetary a mounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
## **1.4 Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
- 8 -
## **NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 JULY 2020**_
## **1 Accounting policies**
## **(Continued)**
## **1.5 Expenditure**
A liability is recognised when either a constructive or legal obligation is identified. Central costs are apportioned between costs of generating funds and charitable activities on the basis of the specific activities of members of staff. Irrecoverable VAT is allocated to the same expenditure heading as the cost to which it relates. Basic financial liabilities are recognised at transaction cost.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment
3 years straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.
## **1.7 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any ) .
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.9 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
- 9 -
**NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 JULY 2020**_
## **1 Accounting policies**
## **(Continued)**
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
## **1.10 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **1.11 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
- 10 -
## **NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 JULY 2020**_
## **3 Donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2020**
**2020**
**£**
**£**
Donations and gifts
-
-
Grants receivable
87,500
22,519
Membership fees
24,901
-
Less: deferred income
(13,263)
-
99,138
22,519
**Grants receivable for**
**core activities**
The UPP Foundation
-
16,777
Esmee Fairbairn
Foundation
87,500
-
GMCA
-
2,000
Esmee Fairbairn
Foundation - Training
grant
-
3,742
87,500
22,519|**Total**Unrestricted
Restricted
funds
funds
**2020**
2019
2019
**£**
£
£
-
9,486
-
110,019
-
16,777
24,901
6,375
-
(13,263)
(1,851)
-
121,657
14,010
16,777
16,777
-
16,777
87,500
-
-
2,000
-
-
3,742
-
-
110,019
-
16,777|Total
2019
£
9,486
16,777
6,375
(1,851)
30,787
16,777
-
-
-
16,777|
|---|---|---|
## **4 Charitable activities**
|Services provided under contract
Other income|**2020**
**£**
867
-
867|**2019**
**£**
1,193
250
1,443|
|---|---|---|
|**5**|**Other income**|||
|---|---|---|---|
|||**Unrestricted**|Total|
|||**funds**||
|||**2020**|2019|
|||**£**|£|
||Other income|16|-|
- 11 -
## **NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 JULY 2020**_
## **6 Raising funds**
|**Unrestricted**
**funds**
**2020**
**£**
Fundraising and publicity
Other fundraising costs
475
475
**Charitable activities**
**2020**
**£**
Staff costs
47,294
Depreciation and impairment
255
Contracted services
116
External hospitality charges
-
Website and internet costs
390
Travel and subsistence
1,538
Printing, postage and stationery
219
Other staff costs
882
Quality Mark expenditure
10,838
Repairs and small equipment
104
Sundry expenses
108
61,744
Share of support costs (see note 8)
840
Share of governance costs (see note 8)
1,150
63,734
**Analysis by fund**
Unrestricted funds
45,523
Restricted funds
18,211
63,734|Total
2019
£
-
-
**2019**
**£**
21,645
-
449
6,632
605
1,899
277
680
-
-
654
32,841
-
1,080
33,921
17,144
16,777
33,921|
|---|---|
## **7 Charitable activities**
- 12 -
## **NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 JULY 2020**_
## **8 Support costs**
|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Insurance
543
-
Subscriptions
297
-
Independent Examiner
fees
-
1,110
Bank charges
-
40
840
1,150
Analysed between
Charitable activities
840
1,150|**2020**
Support
costs
Governance
costs
**£**
£
£
543
-
-
297
-
-
1,110
-
1,080
40
-
-
1,990
-
1,080
1,990
-
1,080|2019
£
-
-
1,080
-
1,080
1,080|
|---|---|---|
## **9 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
## **10 Employees**
## **Number of employees**
The average monthly number of employees during the year was:
||**2020**|**2019**|
|---|---|---|
||**Number**|**Number**|
||2|2|
|**Employment costs**|**2020**|**2019**|
||**£**|**£**|
|Wages and salaries|46,186|17,927|
|Social security costs|-|970|
|Other pension costs|1,108|2,748|
||47,294|21,645|
- 13 -
## **NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 JULY 2020**_
## **11 Tangible fixed assets**
|**Cost**
Additions
At 31 July 2020
**Depreciation and impairment**
Depreciation charged in the year
At 31 July 2020
**Carrying amount**
At 31 July 2020
**12**
**Debtors**
**Amounts falling due within one year:**
Other debtors
Prepayments and accrued income
**13**
**Creditors: amounts falling due within one year**
**Notes**
Deferred income
**14**
Accruals
**14**
**Deferred income**
Other deferred income|**Plant and equipment**
**£**
764
764
255
255
509
**2020**
**2019**
**£**
**£**
410
1,000
431
240
841
1,240
**2020**
**2019**
**£**
**£**
13,263
1,851
2,281
1,080
15,544
2,931
**2020**
**2019**
**£**
**£**
13,263
1,851|
|---|---|
- 14 -
## **NATIONAL NETWORK FOR THE EDUCATION OF CARE LEAVERS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 JULY 2020**_
|**15**
**Analysis of net assets between funds**
**Unrestricted**
**funds**
**Restricted**
**funds**
**2020**
**2020**
**£**
**£**
Fund balances at 31
July 2020 are
represented by:
Tangible assets
509
-
Current assets/
(liabilities)
51,823
4,308
52,332
4,308|**Total**Unrestricted
funds
Restricted
funds
**2020**
2019
2019
**£**
£
£
509
-
-
56,131
(1,691)
-
56,640
(1,691)
-|Total
2019
£
-
(1,691)
(1,691)|
|---|---|---|
## **16 Related party transactions**
Three trustees received reimbursement of travel and subsistence expenses totalling £428 (2019: two trustees - £312)
- 15 -