**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
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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: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. 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: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. 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