FESP
REPORT OF THE TRUSTEES AND u￿AuDITED FINANCIAL STATEMENTS
FOR THE YEAR EYDED 31 MARCH 2024
FOR
FURNESS EDUCATION A.YD SKILLS PARTNERSHIP
Furness Education and Skills Partnership
Barrow 151and Community Primary School
Trinity Street
Barrow-in-Furness
LA14 25J
wThTrv.fesp.org.uk

FURfiESS EDUCATION AND SKILLS PARTIIERSHIP
REFEREI%CE AND ADIIINI.STRATII'E DETAILS
FOR THE YEAR ENDED 31 IIARCH 2024
FESP
Ch*rli) wlsirnilott number:
1183085 (England and Walesl
Barro¥ Island Primary SclM)oI
Trinity Sirtti
Barrow-in -Furne55
Princi￿1 addre
LA142SJ
Trustees
Jayn¢ Moojby (Chairl
Janci Dixon ITrcasur¢r)
Simon Crai¥ IS¢Yr¢tsryl
Memhl'r
sn￿rt K105inski
Mark Nicholson
Rdchelle Poynz
Independeni Exgmlntr
Mr P Homby FCA
JFHomby&Co
Chart4rd A¢¢()unian
The Tower
Dalionga* Busine55 Centrc
Daliongalc
Uli'cr¥lon
Cumbn# LA12 7AJ
Bhnki¥rs
ThL c(W￿ratIve Ilank
MartLhe%ier
MM>4EP
CO.YTEliTS OFTHE FINAliCIAL STATEMENTS
Contents
PAge
Report of the Trustees
R¢¢¢ipts and Paym¢ntsA¢rounts and
Statem¢nl of A￿lS ar￿ Liabilili¢5
Indepcndeni Examincrfs Rq￿rt

FURf*ESS EDUCATION AND SKILLS PARTISERSHIP
REPORT OFTHE TRL8TEES
FOR THE YEAR ENDED 31 MARCH 2024
FESP
The trustees pr￿¢￿t their rq￿ with the accounts of the cbarity for the yeareDtsJ 31 Marrb 2024 wbich are p￿pared oll a
reccipts and payments b&%is.
ORJECTIN.'ESANDACTIVITIES
Objectives aim5
ThL chariry'.% objecL% are to act a5 a r¢source for young peopl¢ living in Fume&4 and the surrour¥Jing areas by PTovidinB wjvice
and assistsnce and or8anisin8 Programmes of physical. educaiional and oiher aeiiviiies as a means of..
al advanLing in lite and helping young ￿p1¢ by developing their skills. ¢api¢LIL¢S and ¢apabiliiies to ¢nabl¢ them lo
parlL¢iP81¢ in S￿l¢4Y a8 Inde￿nd¥'n￿ matur¢ aNI r¢sponsibl¢ individual$:
b) advancing cducalion-
c) Teliei'ing unemployinent.
The charity's actjliiics are dcsi8ned io..
equip local young ]wple ￿lIh knowledg¢. 8kill$ and aspirniions relevant 10 a ¢omp¢tiiive 21* c¢r)tury markct-
placc
¢nabl¥ and drive ¢ni¢rpris¢. innovalion and long-i¢rni growth in th¢ lo¢al. r¢gMJn8J and naiion81 ¢¢onomy
OUT ailivili¢s
build a bdlanLed and etTeLiive IoLal eduLaiion and business partnership
Tai8e AwaTcne&q ofpotential Cartcr paihway8 for youn¥ people. noi Mly in the min¢lq of young ￿nple thcm%L'Ivcs.
but also in the mind5. of thciT Icachcrs and iheir parents Ihrough Projec￿ and aciivities delii'ered in ponncr4hip with
I￿￿1 ¢mploy¢TS1¢¥7 Buildin¥7 MJ Skills probTrrnmm¢ from Key l - Key StobDe 41
irtLrca&e young pcoplc 4 ay>irnlions by making learning eX￿ien11aI. Ihus removing barriers such as jack of self.
b¢liet'. loik ot'prn)tL'SSLonal ￿01cC eic le.g. Hoppy & HL'8lihy Llfesivles Projecil
provid¢ ¢urr¢ni, r¢'al.WOTld applild leamin¥ orwrtunili¢s for y(Trun¥ ￿xIpl¢ in 811 Ihr¢'¢ &￿U¢3170n phaw% whiLh
IllLWse4 en¥a%ement as leurniTh¥ hH% pury)pse le¥ Ilarrow & Di.4lTicI A$wcialion of F.ngineer% Prii.e Slheinel
devclop iho%c transferable skills i%'hich will aid y()un8 rKoplc ai key transition points in thcir education and into
Ihe world of w'ork (¢8 und¢rpin aciLVLli¢* it) all proj¢¢ii wilh k¢y 1¢8rning 8nd ¢mployabiliiy %kills1
aid in ihe dLvelopmenl of well-inforn)ed. work-ready and employable youn8 rthple and proiidc Ihcm with a
rrf)rttoliu of valuable experienLe% and a profes5ional v¢Kabu
Publ1¢ btneflt
Whln plannin¥ armi priprili$in¥ proj¥cLs, tnLStx4 rcvicwd thc guidanc¢ by ihc ch&rily rommiRsipn on puhlic bcncfil.
AC.HIEI'EME%T AID PERFOR￿1.1￿CE
Ch*rlt#ble *r¢lvltles
OvLr lh¥ past y¥ar. ihariiy has mad¢ signifiiani pniw¢s5 in Fx)Ih vp¢rdiivnal d¢v¢lopm¢tti and iDmmuniiy inipd¢l. WL hdve
undertaken exien%ive wi)rk 14) siren¥ihen our governance frarnework. ensuring ihal we ot*rd* wilh ihe hibthe%i %12ndards or
accounlabiliiy and transparency. l)ne of 4)ur key achiei'emenLS in this area wa% the implemenialion ot. Xem sntlwaTC 10 manage
our finanee%. This hag qlreamlined our accouniing p￿￿esSeS. eThhanced financial 1ranspare￿Y. and improved resource allocaiion.
By adopiin8 thi% Icchnolo8y. we havc SlTcn8ihcncd our financial mana8cmcni. makin8 morc etTicieni and bciicr cquippcd to
SUPPOrt our corc aclivitiL%.
We have iOlliJnu¢d 10 build strong pam¢r5hips with lo¢al xknols. edu¢aiityn pn)Vi4kr5. aNI th¢ business ¢vmmuniiy. The¥¢
collaborniions havL Lxpanded our rL'ach and dLyTh.d our impact. allowit)¥ us io en¥a¥L more L(YeLiivcly wilh yowig PLi)pIL.
Our partnerships hai'c been instrumenLg1 in fostering a neN'ork ofsuppon and in PTO%'idin8 lJ% Wlth in%ighis Ihai drive innoialion
and COlliinuou5 ifllproi'cmcni. Our charity 74'0rkcd wilh schw15 in cach of thc fli'c w'ard5 in Bamiw in Fumcs5 thai fall withiTh
th¢ I￿10 ITlOSt dqJTiv¢d ar￿$ in England. W¢ regularly work with 25 prinwry %lwls 6 5¢co[￿ sch￿]5 and I wll¢ge.
A major highli¥hl w&$ the 5UCLe55ful delivery of our fwsi ¢hildret) s skills Lonference for primary Sch￿)[ students. Thi5 cveni
providid sludLllls with an intr(xluciion io essL'Thiial skills io inspire their Icarning journey. The confercnce inCl￿ed workshops
and aili¥iiiLS (workin¥ with businL%sLs1 &'Sl¥nL￿ 10 fo￿Ly kLv skills inLludin¥ LommuniLalion. ILamwork. LIL dnd 10 illLfLasL
Page I

FURf*ESS EDUCATION AND SKILLS PARTISERSHIP
REPORT OFTHE TRL8TEES
FOR THE YEAR ENDED 31 MARCH 2024
FESP
¢vnfidenrc whi15t raising aspirations and awarcnc5s of Tnany cxcitlng rarccT5. This ransfo￿Lative initiative notonly eTnp)wered
yvung IrdTll¢T5 but a150 r¢intorcd ow repulalion as a leader in ¢ducatiOThal d¢%.¢10p￿cnl withill the collununity.
UlveTSTEM and the Furness STEM Show remain annual highlights with oNer2.51M) attendee5 aeross the two e￿ents in Ulverston
and Elarr(IM,. Fccdback for th¢q¢ even￿ is extremely N)sitii'e fn)m young ￿)p]e. .q¢hools and parents and suppon from (he
busincs5 community delivering hands. on activitie5 and carttT& infoTtnation continue5 to grow..
Furthermore. our progTammcs ha&e had u profound impart on the Iivc5 of children and young pcoplc. particularly thosc fro
hig7h4ieprivation areas. Through our focus on building irdnsferdble skills, we have yeen significaiil improvements in suhool
atlendanL¢. >¢ll-.i()nfid¢ni¢. and fulur¢ aspiralion5 lh¢ people we serve. FeedbaLk from oui pr(IBrAms. such as the
FumeKs STF.M Sh()w. indiiaies thal 92°,
o of iiiiendee5 felt tll()Te infLITrned abL)ul Lareer (wwrtunilies in STF.M.
Our work not only tran5forns indi%'idual liies bui h&s a Tipplc cffcct wiihin families and Ihc widcT communiry. By providin8
mcaningful educational and employability acli%'iiie¥ we help youn8 people E*corne Tole models, influcncin¥ Iheir pLYrs and
farniliL'.41(I PUThUL LduLalional andcareer0p￿[un1l1es. In lurn. Ihi% stren8thenscommunity lies and fo%ler%a culture vf ii%piralioTh
Ind lit¢lun¥ learning.
()v¢rall. our achi¢vcmcn15 this year rcnccl a clcar Commilmcni to cxccllcncc. SiTale8ic growth. ar￿ su4¢ainable iiiJpacl. FTOIII
impmving financial mar)agemcni and govemance 10 dclii'erithg innovative ¢yJu¢aiiothal program% and buildir)g vital partncr*hip%
our ¢hariiy 1% w¢ll-posiiionid ¢0 ¢ontinu& making a lasting diff¢r¢n¢¢ in th¢ li%'¢s of youn¥ p¢opl¢ #nd lh¢ bro8d¢r rommunily.
Link io vicw Childrcn s Skills Confcrenic Vidco hll
Link ￿ view FurnLbS STEM Show VidL'O hii
la
FINAP4CI.11. REVIEII.
Reserves poIIc>'
Any rcs¢rn¥i JlLumuloicd or¢ b¢ing uxd ￿ en8ur¢ futyw $ust#in#bility.
Oiir rL'SL'fvLS aim Iv L'nsurL Ihai our Lhariiv main￿1￿5 suffiLILllI lurmls 10 SUPWrt its on¥oin¥ operaii4)iis and 10 &afegudrd agdinsl
anv iinfiiTe%ccn lindllLIAI Lhdllen¥eN. TypiLally. IJUT giMI 1% Ic) hc)Id a level cifre%eTves whiih will pr4)%'ide u buffcr Ill Liiver ii)re
exp¢n.4es. ¢n%uring Ihe %ust4inability of our work in th¢ ¢v¢ni ofun¢xrt¢ied income shonfalls OT emergenry necds. The iniended
valuL for our r￿￿L'r￿Ls Is currL'nily in ihL PToce&s of being reviewed with a Trustee meeiing sChedulL￿ io fomially astrrLe the
spccitIL details dnd %irucDJre of the Teseryes mo%'in8 forward.
Ai .1 1st March 2024. thc charity hcld bank furwjs of E73.695 12023.. £33,028). of which £69.11112023.. £23,665) wcrc rcstrictcd
nd £4.5841?023.' £9.6361 unrn'striilixl.
ThL priniipal sourLi ol. funds is fn)m yrants to supwn s￿￿111( pft)jLxls. ThL grants TLlalc lo th¢ objLxlivLS of ihL Lharily. All
grants haN'¢ KPl% (Key Perfomance Irmlicalorsl and theFt in lurn are relaled lo Ihe chariiy s objecti￿e8. The charily re￿rLs on
thc KP15 lo th¢ fundcT5. W'iihoul th¢ 5UPEX>rt of Ihc fvndcrs Ihc rharity would not bc 4blc lo Khicvc 115 objcctii'C5.
Thc cxpendiiure 15 dirccily rclated to the 8rant KPIS.
Thc rharity ha5 no iny￿tMrftts but if rt did in th¢ fvtur¢. 1¢ would adopt cthirwi inv¢stmcrit policy
STRucfuRE, GO￿.ERI￿A1%CE AYD MANAGEMENT
Governin¥ documcnt
ThL chariij is an unincorporatcd charity.
Organ15atlonxl Stru¢ture
ThL buard Lonsisiing ot'ihL trnsiees. members and programme atml projeei mana8ers meets 2 10 3 limes a year lo review proj¢cl
and funding progrLs5 as WLII as ihc financial position. Trusiees arc soughi from ihc local busincss ar￿ community
organisalions with whom the charity has been involved with.
Page 2

FURf*ESS EDUCATION AND SKILLS PARTISERSHIP
REPORT OFTHE TRL8TEES
FOR THE YEAR ENDED 31 MARCH 2024
FESP
McTnbcTh support the trustee by offering the i￿￿er]I of their experiencc froTll their p*r50nal and business knowledge and
eXPCTietLC¢.
Rlsk m#nagement
The key risk5 encounteT¢d by the charity and derai15 of how. the charity mitigate5 their risk are=
Safe¥uarding- all FM)ard m¢mb¢ts and ¢ontra¢tors are DBS (Di&closur¢ and Barring SeThic¢l checked: poliei¢& ar¢ in
pla¢¢ to ¢nsur¢ all swdmts ar¢ saf¢
FtnanLidl risk gT#ni inLome is short term. and the management team are constantly sourcing and applying for
nrw fundin¥ li) enahle pr(IjVfL4 lo pr(K¢cd
Approvcd by order of the board of on 16110Q024 and signd on its behalf by:
Jayne MooTby
Janet Dixon
Jwk W-
Tm%lLL (Chairl
TrusiLY (Treasurer)
Page 3

Registered Charity
1183085
FURNESS EDUCATION AND SKILLS PARTNERSHIP
RECEIPTS AND PAYMENTS ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
RECEIPTS ANO PAYMENTS
2024
2023
Unrestricted Restricted
Funds
Funds
T¢)tsl Funds
Total Funds
RECEIPTS
Donations
Grant Income
57.399
93.557
57.399
93.557
26,830
109.372
Total Recelpts
150,956
150,956
136,202
PAYMENTS
Project costs
Donation5 paid
Support costs
Grant Clawback
52
88.055
21,514
88.107
21,514
669
157,901
669
1,043
8,239
Total Payments
720
109,569
110,289
167,183
Net of recelpts I Ipaymentsl
17201
41,387
40,667
130,9811
Tran5fer5 between funds
Cash Funds brought forwards
14.0591
9,363
4,059
23,665
33,028
64,CQ9
Cash Funds carrled forwards
4,584
69,111
73.695
33,028
STATEMENT OF ASSET5 AND LIABILITIES
AS AT 31 MARCH 2024
2024
2023
Vnrestri£ted Restrlcted
Funds
Funds
Totsl Funds
Total Funds
Cash funds held
69.111
73.695
33.028
The accounts were approved by the board of trustees and si8ned on its behalf on 4 November 2024.
Victoria Jayne Moorby
Chair
Janet Dixon
Treasurer

Registered Charity
1183085
INDEPENDENT EXAMINATION REPORT TO THE TRUSTEES AND
MEMBERS OF FURNESS EDUCATIONS AND SKILLS PARTNERSHIP
FOR THE YEAR ENDED 31 MARCH 2024
I report to the trustees on my examinatlon of the accounts of the above charity l~the TrusVI for the year ended 31
March 2024.
Respon5ib51ilies and bas65 of report
As the charity trustees of the Trust. you are responsible forthe preparation ot the accounts in accordar*ce with the
requirements of the Charitles Att 20111-Ihe Act-l.
I report in respect ol my examination of the Tru5V5 accounts carried out under section 145 of the 2011 Act and in
carrying out my examination. I have followed the applicable Directions given by the Charrty Commission under Section
14515llbl of the Act.
Indtptndent èxamlntr's stat•mtht
I have completed my examination. I conlirm that no material matters have tome io my attention in connection with the
exarnination whith gives me caust to believe ihat in. any material respett..
accounting record5 were not kept in accordance with sertion 130 01 the Art or
the accounts do not accord wlth the a￿O￿ntIn8 r￿OrdS
I haye no concerns and have corne across no other marters In connertlon wlth the e¥èminatlon to whSch attentlon
should be drawn in order to enable a proper understanding of the accounts to be reached.
Paul Hornby FCA
4th November 2024
JF Plornby & Co
Chartered Accountants
Dalton8ate 8uslness Centre
7 Dalion8ate
Ulverston
LA12 7A1