To
Trustees' Annual Report for the period
Period start date Period end date 1st April 2021 31st March 2022
From
Section A Reference and administration details
Charity name Other names charity is known by Registered charity number (if any) 1183085
Furness Education & Skills Partnership
Charity's principal address c/o Barrow Island Primary School Trinity Street Barrow-in-Furness, Cumbria Postcode LA14 2SJ
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Jayne Moorby | Chair | |||
| Janet Dixon | Treasurer | |||
| Jane Ridyard | 01/04/21-01/12/2021 | |||
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
TAR
January 2023
1
Names and addresses of advisers (Optional information)
Type of adviser Name Address
Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Description of the charity’s trusts
Constitution
Type of governing document (eg. trust deed, constitution) Trust How the charity is constituted
- (eg. trust, association, company)
Elected by Board of Trustees Trustee selection methods
(eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
-
policies and procedures adopted for the induction and training of trustees;
-
the charity’s organisational structure and any wider network with which the charity works;
-
relationship with any related parties;
-
trustees’ consideration of major risks and the system and procedures to manage them.
Section C Objectives and activities
Summary of the objects of the charity set out in its governing document
The charity’s objects (‘the objects’) are: To act as a resource for young people living in Furness and the surrounding areas by providing advice and assistance and organising programmes of physical, educational and other activities as a means of: (a) advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals; (b) advancing education; (c) relieving unemployment.
TAR
January 2023
2
The charity’s activities are designed to:
-
equip local young people with knowledge, skills and aspirations relevant to a competitive 21st century market-place
-
- enable and drive enterprise, innovation and long-term growth in the local, regional and national economy
Our activities
-
build a balanced and effective local education and business partnership
-
raise awareness of potential career pathways for young people, not only in the minds of young people themselves, but also in the
-
Summary of the main minds of their teachers and their parents through projects and
-
activities undertaken for the activities delivered in partnership with local employers (eg
-
public benefit in relation to Building My Skills programme from Key Stage 1 – Key Stage 4)
-
these objects (include within - increase young people’s aspirations by making learning
-
this section the statutory experiential, thus removing barriers such as lack of self-belief,
-
declaration that trustees have lack of professional voice etc (e.g. Happy & Healthy Lifestyles
-
had regard to the guidance Project)
-
issued by the Charity - provide current, real-world applied learning opportunities for
-
Commission on public young people in all three education phases which increases
-
benefit)
-
provide current, real-world applied learning opportunities for young people in all three education phases which increases engagement as learning has purpose (eg Barrow & District Association of Engineers Prize Scheme)
-
develop those transferable skills which will aid young people at key transition points in their education and into the world of work (eg underpin activities in all projects with key learning and employability skills)
-
aid in the development of well-informed, work-ready and employable young people and provide them with a portfolio of valuable experiences and a professional vocabulary
When planning and prioritising projects, trustees reviewed the guidance issued by the charity commission on public benefit.
Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
-
policy on grantmaking;
-
policy programme related investment;
-
contribution made by volunteers.
TAR
January 2023
3
Section D Achievements and performance
Summary of the main achievements of the charity during the year
Our charity worked with schools in each of the five wards in Barrow in Furness that fall within the 10% most deprived areas in England. We regularly work with 25 primary schools, 6 secondary schools and 1 college.
By delivering the Barrow Engineering Project we provided funding for 11 primary schools and 6 secondary schools to participate in Tomorrow’s Engineers Week and British Science Week.
Approximately 900 secondary age pupils and 500 primary age pupils took part in our Build My Skills project, developing their awareness of career opportunities and the skills and attributes required for success. To ensure access for all, the programme was adapted into a digital format and extended to pilot KS1 and KS3 units. This programme continues to grow.
Holiday Clubs were provided for children from high deprivation wards. The Clubs focused on re-engaging children in learning, helping them to increase self confidence and strengthen skills such as teamwork, communication, self-management and resilience. The clubs were free and took place on several sites, during each holiday period. Approximately 650 children attended in total.
New website www.fesp.org.uk
TAR
January 2023
4
Section E Financial review
Any reserves accumulated are being used to ensure future sustainability.
Brief statement of the
charity’s policy on reserves
Details of any funds materially in deficit
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
-
the charity’s principal sources of funds (including any fundraising);
-
how expenditure has supported the key objectives of the charity;
The principle source of funds is from grants to support specific projects. The grants relate to the objectives of the charity.
All grants have KPIs and these in turn are related to the charity’s objectives. The charity reports on the KPIs to the funders. Without the support of the funders the charity would not be able to achieve its objectives.
The expenditure is directly related to the grant KPIs.
The charity has no investments but if it did in the future, it would adopt an ethical investment policy.
- investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) |
||
|---|---|---|
| Victoria Jayne Moorby | Janet Dixon | |
Chair (during the reporting period) |
Treasurer |
Date 10-1-2023
TAR
January 2023
5
TAR January 2023
REGISTERED CHARITY NUMBER: 1183085
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
FOR
FURNESS EDUCATION & SKILLS PARTNERSHIP
J F Hornby & Co Chartered Accountants The Tower Daltongate Business Centre Daltongate Ulverston Cumbria LA12 7AJ
FURNESS EDUCATION & SKILLS PARTNERSHIP
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 10 |
| Detailed Statement of Financial Activities | 11 |
FURNESS EDUCATION & SKILLS PARTNERSHIP
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
To act as a resource for young people living in Furness and the surrounding areas by providing advice and assistance and organising programmes of physical, educational and other activities as a means of:
a. advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals;
b. advancing education;
c. relieving unemployment.
The charity's activities are designed to:
a. equip local young people with knowledge, skills and aspirations relevant to a competitive 21st century market-place b. enable and drive enterprise, innovation and long-term growth in the local, regional and national economy.
Significant activities
a. build a balanced and effective local education and business partnership
b. raise awareness of potential career pathways for young people, not only in the minds of young people themselves, but also in the minds of their teachers and their parents through projects and activities delivered in partnershipwith local employers (eg Building My Skills programme from Key Stage 1 - Key Stage 4)
c. increase young people's aspirations by making learning experiential, thus removing barriers such as lack of self-belief, lack of professional voice etc (eg Happy & Health Lifestyles Project)
d. provide current, real-world applied learningopportunities for young people in all three education phases which increases engagement as learning has purpose (eg Barrow & District Association of Engineers Prize Scheme)
e. develop those transferable skills which will aid young people at key transition points in their education and into the world of work (eg underpin activities in all projects with key learning and employability skills)
f. aid in the development of well-informed, work-ready and employable young people and provide them with a portfolio of valuable experiences and a professional vocabulary.
Public benefit
When planning and prioritising projects, trustees reviewed the guidance issued by the charity commission on public benefit.
Page 1
FURNESS EDUCATION & SKILLS PARTNERSHIP
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Our charity worked with schools in each of the five wards in Barrow in Furness that fall within the 10% most deprived areas in England. we regularly work with 25 primary schools, 6 secondary schools and 1 college.
By delivering the Barrow Engineering Project we provided funding for 11 primary schools and 6 secondary schools to participate in Tomorrow's Engineers Week and British Science Week.
Approximately 900 secondary age pupils and 500 primary age pupils took part in our Build My Skills project, developing their awareness of career opportunities and the skills and attributes required for success. To ensure access for all, the programme was adapted into a digital format and extended to pilot KS1 and KS3 units. This programme continues to grow.
Holiday Clubs were provided for children from high deprivation wards. The Clubs focused on re-engaging children in learning,helping them to increase self confidence and strengthenskills such as teamwork, communication, self-management and resilience. The clubs were free and took place on several sites, during each holiday period. Approximately 650 children attended in total.
New website www.fesp.org.uk
FINANCIAL REVIEW
Reserves policy
Any reserves accumulated are being used to ensure future sustainability.
The principle source of funds is from grants to support specific projects. The grants relate to the objectives of the charity.
All grants have KPIs and these in turn are related to the charity's objectives. The charity reports on the KPIs to the funders.
Without the support of the funders the charity would not be able to achieve its objectives.
The expenditure is directly related to the grant KPIs.
The charity has no investments but if it did in the future, it would adopt an ethical investment policy.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1183085
Principal address
Barrow Island Primary School Trinity Street Barrow-in-Furness Cumbria LA14 2SJ
Trustees
Mrs J Dixon Trustee Mrs V J Moorby Chair Mr S H Craig (appointed 12.7.22) Mrs J Ridyard (appointed 1.4.21) (resigned 1.12.21)
Page 2
FURNESS EDUCATION & SKILLS PARTNERSHIP
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner J F Hornby & Co Chartered Accountants The Tower Daltongate Business Centre Daltongate Ulverston Cumbria LA12 7AJ
Approved by order of the board of trustees on 24 January 2023 and signed on its behalf by:
Mrs V J Moorby - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FURNESS EDUCATION & SKILLS PARTNERSHIP
Independent examiner's report to the trustees of Furness Education & Skills Partnership
I report to the charity trustees on my examination of the accounts of Furness Education & Skills Partnership (the Trust) for the year ended 31 March 2022.
Responsibilities and basis of report
As the charity trustees of the Trust 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 examinationof the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do 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.
Mr John F Hornby J F Hornby & Co Chartered Accountants The Tower Daltongate Business Centre Daltongate Ulverston Cumbria LA12 7AJ
24 January 2023
Page 4
FURNESS EDUCATION & SKILLS PARTNERSHIP
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Charitable activities Charitable Activities 9,581 EXPENDITURE ON Charitable activities Charitable Activities 26,311 Other 4,574 Total 30,885 NET INCOME/(EXPENDITURE) (21,304) RECONCILIATION OF FUNDS Total funds brought forward 21,304 TOTAL FUNDS CARRIED FORWARD - |
Restricted fund £ 172,894 108,885 - 108,885 64,009 - 64,009 |
31.3.22 Total funds £ 182,475 135,196 4,574 139,770 42,705 21,304 64,009 |
31.3.21 Total funds £ 49,204 56,450 - 56,450 (7,246) 28,550 21,304 |
|---|---|---|---|
The notes form part of these financial statements
Page 5
FURNESS EDUCATION & SKILLS PARTNERSHIP
BALANCE SHEET 31 MARCH 2022
| 31.3.22 | 31.3.21 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Cash at bank | - | 64,009 | 64,009 | 21,304 | |
| NET CURRENT ASSETS | - | 64,009 | 64,009 | 21,304 | |
| TOTAL ASSETS LESS CURRENT | |||||
| LIABILITIES | - | 64,009 | 64,009 | 21,304 | |
| NET ASSETS | - | 64,009 | 64,009 | 21,304 | |
| FUNDS | 4 | ||||
| Unrestricted funds | - | 21,304 | |||
| Restricted funds | 64,009 | - | |||
| TOTAL FUNDS | 64,009 | 21,304 |
The financial statements were approved by the Board of Trustees and authorised for issue on 24 January 2023 and were signed on its behalf by:
Mrs V J Moorby - Trustee
The notes form part of these financial statements
Page 6
FURNESS EDUCATION & SKILLS PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committingthe charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitmentbut not accrued as expenditure.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
continued...
Page 7
FURNESS EDUCATION & SKILLS PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
| 3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Charitable activities Charitable Activities - EXPENDITURE ON Charitable activities Charitable Activities 7,246 NET INCOME/(EXPENDITURE) (7,246) RECONCILIATION OF FUNDS Total funds brought forward 28,550 TOTAL FUNDS CARRIED FORWARD 21,304 4. MOVEMENT IN FUNDS At 1.4.21 £ Unrestricted funds General fund 21,304 Restricted funds General Fund - TOTAL FUNDS 21,304 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 9,581 Restricted funds General Fund 172,894 TOTAL FUNDS 182,475 |
Restricted Total fund funds £ £ 49,204 49,204 49,204 56,450 - (7,246) - 28,550 - 21,304 Net movement At in funds 31.3.22 £ £ (21,304) - 64,009 64,009 42,705 64,009 Resources Movement expended in funds £ £ (30,885) (21,304) (108,885) 64,009 (139,770) 42,705 |
|---|---|
continued...
Page 8
FURNESS EDUCATION & SKILLS PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
4. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.20 | in funds | 31.3.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 28,550 | (7,246) | 21,304 |
| TOTAL FUNDS | 28,550 | (7,246) | 21,304 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | - | (7,246) | (7,246) |
| Restricted funds | |||
| General Fund | 49,204 | (49,204) | - |
| TOTAL FUNDS | 49,204 | (56,450) | (7,246) |
| A current year 12 months and prior year 12 months combined position is as follows: | |||
| Net | |||
| movement | At | ||
| At 1.4.20 | in funds | 31.3.22 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 28,550 | (28,550) | - |
| Restricted funds | |||
| General Fund | - | 64,009 | 64,009 |
| TOTAL FUNDS | 28,550 | 35,459 | 64,009 |
continued...
Page 9
FURNESS EDUCATION & SKILLS PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
4. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds General Fund TOTAL FUNDS |
Incoming resources £ 9,581 222,098 231,679 |
Resources Movement expended in funds £ £ (38,131) (28,550) (158,089) 64,009 (196,220) 35,459 |
|---|---|---|
5. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2022.
Page 10
FURNESS EDUCATION & SKILLS PARTNERSHIP
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|
| FOR THE YEAR ENDED 31 MARCH 2022 | ||
| 31.3.22 | 31.3.21 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Charitable activities | ||
| Grants | 182,475 | 49,204 |
| Total incoming resources | 182,475 | 49,204 |
| EXPENDITURE | ||
| Charitable activities | ||
| Reimbursement of programme costs | 78,649 | 13,000 |
| Grants to institutions | 9,106 | 19,459 |
| 87,755 | 32,459 | |
| Support costs | ||
| Management | ||
| Sundries | 84 | - |
| Computer costs | 454 | 443 |
| Subcontractor | 47,441 | 23,410 |
| Professional Fees | 165 | - |
| Printing, Postage & Stationery | 3,803 | 89 |
| 51,947 | 23,942 | |
| Finance | ||
| Bank charges | 68 | 49 |
| Total resources expended | 139,770 | 56,450 |
| Net income/(expenditure) | 42,705 | (7,246) |
This page does not form part of the statutory financial statements
Page 11
REGISTERED CHARITY NUMBER: 1183085
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
FOR
FURNESS EDUCATION & SKILLS PARTNERSHIP
J F Hornby & Co Chartered Accountants The Tower Daltongate Business Centre Daltongate Ulverston Cumbria LA12 7AJ
FURNESS EDUCATION & SKILLS PARTNERSHIP
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 10 |
| Detailed Statement of Financial Activities | 11 |
FURNESS EDUCATION & SKILLS PARTNERSHIP
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
To act as a resource for young people living in Furness and the surrounding areas by providing advice and assistance and organising programmes of physical, educational and other activities as a means of:
a. advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals;
b. advancing education;
c. relieving unemployment.
The charity's activities are designed to:
a. equip local young people with knowledge, skills and aspirations relevant to a competitive 21st century market-place b. enable and drive enterprise, innovation and long-term growth in the local, regional and national economy.
Significant activities
a. build a balanced and effective local education and business partnership
b. raise awareness of potential career pathways for young people, not only in the minds of young people themselves, but also in the minds of their teachers and their parents through projects and activities delivered in partnershipwith local employers (eg Building My Skills programme from Key Stage 1 - Key Stage 4)
c. increase young people's aspirations by making learning experiential, thus removing barriers such as lack of self-belief, lack of professional voice etc (eg Happy & Health Lifestyles Project)
d. provide current, real-world applied learningopportunities for young people in all three education phases which increases engagement as learning has purpose (eg Barrow & District Association of Engineers Prize Scheme)
e. develop those transferable skills which will aid young people at key transition points in their education and into the world of work (eg underpin activities in all projects with key learning and employability skills)
f. aid in the development of well-informed, work-ready and employable young people and provide them with a portfolio of valuable experiences and a professional vocabulary.
Public benefit
When planning and prioritising projects, trustees reviewed the guidance issued by the charity commission on public benefit.
Page 1
FURNESS EDUCATION & SKILLS PARTNERSHIP
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Our charity worked with schools in each of the five wards in Barrow in Furness that fall within the 10% most deprived areas in England. we regularly work with 25 primary schools, 6 secondary schools and 1 college.
By delivering the Barrow Engineering Project we provided funding for 11 primary schools and 6 secondary schools to participate in Tomorrow's Engineers Week and British Science Week.
Approximately 900 secondary age pupils and 500 primary age pupils took part in our Build My Skills project, developing their awareness of career opportunities and the skills and attributes required for success. To ensure access for all, the programme was adapted into a digital format and extended to pilot KS1 and KS3 units. This programme continues to grow.
Holiday Clubs were provided for children from high deprivation wards. The Clubs focused on re-engaging children in learning,helping them to increase self confidence and strengthenskills such as teamwork, communication, self-management and resilience. The clubs were free and took place on several sites, during each holiday period. Approximately 650 children attended in total.
New website www.fesp.org.uk
FINANCIAL REVIEW
Reserves policy
Any reserves accumulated are being used to ensure future sustainability.
The principle source of funds is from grants to support specific projects. The grants relate to the objectives of the charity.
All grants have KPIs and these in turn are related to the charity's objectives. The charity reports on the KPIs to the funders.
Without the support of the funders the charity would not be able to achieve its objectives.
The expenditure is directly related to the grant KPIs.
The charity has no investments but if it did in the future, it would adopt an ethical investment policy.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1183085
Principal address
Barrow Island Primary School Trinity Street Barrow-in-Furness Cumbria LA14 2SJ
Trustees
Mrs J Dixon Trustee Mrs V J Moorby Chair Mr S H Craig (appointed 12.7.22) Mrs J Ridyard (appointed 1.4.21) (resigned 1.12.21)
Page 2
FURNESS EDUCATION & SKILLS PARTNERSHIP
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner J F Hornby & Co Chartered Accountants The Tower Daltongate Business Centre Daltongate Ulverston Cumbria LA12 7AJ
Approved by order of the board of trustees on 24 January 2023 and signed on its behalf by:
Mrs V J Moorby - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FURNESS EDUCATION & SKILLS PARTNERSHIP
Independent examiner's report to the trustees of Furness Education & Skills Partnership
I report to the charity trustees on my examination of the accounts of Furness Education & Skills Partnership (the Trust) for the year ended 31 March 2022.
Responsibilities and basis of report
As the charity trustees of the Trust 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 examinationof the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do 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.
Mr John F Hornby J F Hornby & Co Chartered Accountants The Tower Daltongate Business Centre Daltongate Ulverston Cumbria LA12 7AJ
24 January 2023
Page 4
FURNESS EDUCATION & SKILLS PARTNERSHIP
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Charitable activities Charitable Activities 9,581 EXPENDITURE ON Charitable activities Charitable Activities 26,311 Other 4,574 Total 30,885 NET INCOME/(EXPENDITURE) (21,304) RECONCILIATION OF FUNDS Total funds brought forward 21,304 TOTAL FUNDS CARRIED FORWARD - |
Restricted fund £ 172,894 108,885 - 108,885 64,009 - 64,009 |
31.3.22 Total funds £ 182,475 135,196 4,574 139,770 42,705 21,304 64,009 |
31.3.21 Total funds £ 49,204 56,450 - 56,450 (7,246) 28,550 21,304 |
|---|---|---|---|
The notes form part of these financial statements
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FURNESS EDUCATION & SKILLS PARTNERSHIP
BALANCE SHEET 31 MARCH 2022
| 31.3.22 | 31.3.21 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Cash at bank | - | 64,009 | 64,009 | 21,304 | |
| NET CURRENT ASSETS | - | 64,009 | 64,009 | 21,304 | |
| TOTAL ASSETS LESS CURRENT | |||||
| LIABILITIES | - | 64,009 | 64,009 | 21,304 | |
| NET ASSETS | - | 64,009 | 64,009 | 21,304 | |
| FUNDS | 4 | ||||
| Unrestricted funds | - | 21,304 | |||
| Restricted funds | 64,009 | - | |||
| TOTAL FUNDS | 64,009 | 21,304 |
The financial statements were approved by the Board of Trustees and authorised for issue on 24 January 2023 and were signed on its behalf by:
Mrs V J Moorby - Trustee
The notes form part of these financial statements
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FURNESS EDUCATION & SKILLS PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committingthe charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitmentbut not accrued as expenditure.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
continued...
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FURNESS EDUCATION & SKILLS PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
| 3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Charitable activities Charitable Activities - EXPENDITURE ON Charitable activities Charitable Activities 7,246 NET INCOME/(EXPENDITURE) (7,246) RECONCILIATION OF FUNDS Total funds brought forward 28,550 TOTAL FUNDS CARRIED FORWARD 21,304 4. MOVEMENT IN FUNDS At 1.4.21 £ Unrestricted funds General fund 21,304 Restricted funds General Fund - TOTAL FUNDS 21,304 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 9,581 Restricted funds General Fund 172,894 TOTAL FUNDS 182,475 |
Restricted Total fund funds £ £ 49,204 49,204 49,204 56,450 - (7,246) - 28,550 - 21,304 Net movement At in funds 31.3.22 £ £ (21,304) - 64,009 64,009 42,705 64,009 Resources Movement expended in funds £ £ (30,885) (21,304) (108,885) 64,009 (139,770) 42,705 |
|---|---|
continued...
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FURNESS EDUCATION & SKILLS PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
4. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.20 | in funds | 31.3.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 28,550 | (7,246) | 21,304 |
| TOTAL FUNDS | 28,550 | (7,246) | 21,304 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | - | (7,246) | (7,246) |
| Restricted funds | |||
| General Fund | 49,204 | (49,204) | - |
| TOTAL FUNDS | 49,204 | (56,450) | (7,246) |
| A current year 12 months and prior year 12 months combined position is as follows: | |||
| Net | |||
| movement | At | ||
| At 1.4.20 | in funds | 31.3.22 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 28,550 | (28,550) | - |
| Restricted funds | |||
| General Fund | - | 64,009 | 64,009 |
| TOTAL FUNDS | 28,550 | 35,459 | 64,009 |
continued...
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FURNESS EDUCATION & SKILLS PARTNERSHIP
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
4. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds General Fund TOTAL FUNDS |
Incoming resources £ 9,581 222,098 231,679 |
Resources Movement expended in funds £ £ (38,131) (28,550) (158,089) 64,009 (196,220) 35,459 |
|---|---|---|
5. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2022.
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FURNESS EDUCATION & SKILLS PARTNERSHIP
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|
| FOR THE YEAR ENDED 31 MARCH 2022 | ||
| 31.3.22 | 31.3.21 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Charitable activities | ||
| Grants | 182,475 | 49,204 |
| Total incoming resources | 182,475 | 49,204 |
| EXPENDITURE | ||
| Charitable activities | ||
| Reimbursement of programme costs | 78,649 | 13,000 |
| Grants to institutions | 9,106 | 19,459 |
| 87,755 | 32,459 | |
| Support costs | ||
| Management | ||
| Sundries | 84 | - |
| Computer costs | 454 | 443 |
| Subcontractor | 47,441 | 23,410 |
| Professional Fees | 165 | - |
| Printing, Postage & Stationery | 3,803 | 89 |
| 51,947 | 23,942 | |
| Finance | ||
| Bank charges | 68 | 49 |
| Total resources expended | 139,770 | 56,450 |
| Net income/(expenditure) | 42,705 | (7,246) |
This page does not form part of the statutory financial statements
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