DoGusign Envebpe ID." D5E68C8&991745CC-9778-AFCF66CC012B Coinpany re¥i5tratioii number.. CEOI 7980 Charity registration number.. 1184077 Unity Academy (A company limited by share capital) Annual Report alld Financial Statements for the Year Ended i l July 2024 fostermann evolved accountsncy Accounting | busine55 advisory foster mann is a trading name of Foster Mann (UK) Mited Reolsteredoffice: Unit 26G. SDrlngfield Commercial Centre. Baoley Lane. Farsley. Leeds. LS28 SLY Re<Jistered in EThJland: 11833403
DoGusign Envebpe ID." D5E68C8&991745CC-9778-AFCF66CC012B Unity Academy Contents Reference and Administrative Details Trustees, Report 2to4 Accountants, Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 8 to 17
DoGusign Envebpe ID." D5E68C8&991745CC-9778-AFCF66CC012B Unity Academy Refer¢n¢¢ and Administrative D¢t#ils Charity Registration Number 1184077 Company Registration Number CEOI 7980 The charity is incorporated in England. Second Floor Greenhill Mills Florence Street Bradford BDJ 8EX Registered oifice Independent Examiner Foster Mann (UK} Limited Chartered Accountant Unit 26G, Springficld Commercial Centre Bagley Lan¢ Farsley Leeds LS28 SLY Page I
DoGusign Envebpe ID." D5E68C8&991745CC-9778-AFCF66CC012B Unity Academy Trust¢¢s' Report The trustees. who are directors for the purposes of company law, present the aiinual report tobFether with the financial Statements and auditors, report of the charitable conipany for the J'ear ended i l July 2024. Objectives and activities Public benefil Chair and Trustees w'ould like to thank Munir Akhtar for his contribution to the management team, post the passing of Tariq Mahmood. Munir has assisted the trustees with project delivery and additionally been a great asset en)ploying use of his extensive years of experiei)ce as equalities lead and safeguarding experience. Unity Academy has had another successful year despite the challenges experienced from the cost-of-living crisis and increase iii running cogts for the Charity. Increased delivery with hard-to-reach communities and those furthest from education, or currently in altemaiive education provision have been selected as notable achievements. Staff retention and increase in volunteers and projects has meant that we are able to do more. working smart, alongside an amazing pool of volunteers. The charity intends 10 heavily invest in trailling both for staff and trustee. This will allow us to increase our resource pool and further partner with colleges to offer placements. New progrgms targeted to supporting young people and adiilts interested in voliinteering or developing role in sports and physical ediication are targets for the coming years. The Charity and Trustees are cominitted to changing lives of those identified as vulnerable, in t]eed or suffering from poverty aiid health inequalities. The directors predict a challenging 12 months ahead '1th rise5 acr05S the board from utilities, insura]ice, and general costs. This we hope to offset by looking for ne. horizoiis. Unity Acadeiny have invested in social media re5011rces including developinent and lauiich of nem. website. This has dram'ii a lot of atteiitioii aiid a551St the cliarity reach nem. audiences and further share opportunitie5 aiid invite use[5 to join projects. The Board of Directors wish to thank all the staff and volunteer5 for a COMltted year. Oiie in which the Charity coiitinues to ¥row, strive, and deliver on its objects. The trustees confimi that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Trustees and orricers The trustees and otyicers serving during the year and since the year end were as follows.. Trust¢es'. B Frallcis U Hayat P Singh Chaimian.. B Francis Page 2
DoGusign Envebpe ID." D5E68C8&991745CC-9778-AFCF66CC012B Unity Academy Trust¢¢s' Report Strueturc, governanet and management Financial instruments Ohjeclives andpolicies The charity's activities expose it to a number ol. financial risks ii)eludii)g credit risk, cash flow risk and liquidity risk. The use of finai)cial derivatives is goven)ed by the eharity's policies appn)ved by the board of trustees, which provide Myitten principles on the use ol. financial derivatives to manage these risks. The charity does not use derivative financial instrumei)ts for speculative purposes. Cashflow risk The charity's activities expose it primgrily to Ihe financial risks of changes in foreign currency exchange rates and iiiterest rates. The charity uses foreign exchange fonvard contracts and interest rate swgp contracts to hedge these exposures. Interest bearing assets and liabilities are held at fixed rate to ensure certainty of cash flows. Credli rlsk The charity's principal finai)cial assets are bAI)k balances and cash, trdde and other reteivables, and invegtments. The charity's credit risk is primarily attribuiable to its trade receivables. The amounts presented in the balance sheet are net of allowances for dliubtful receivables. An allLlW'ance flir impairment is made M'here there is an identified loss eveni which. based on previous experience. is evidence of a reduction in the recoverability of the cash flow's. The credit risk on liquid funds and derivative financial insiruments is limited because the counterpanies are banks w'ith high credit-raiings assigned b}, international credit-rating agencies. The charity hgs no significant concentration of credit risk, with exposure spread over a large number of counterparties and customers. Liquidity risk In order to maiiitain liquidity to ensure tl)at sufficient fuiids are available for ongoing operations and future developments, the cl)arity uses a mixture of loiig-tenn and short-tenn debt finance. Furthei details regaidin¥ liquidity risk Ldn be found in the Statement of accounting policies ii) the financial statements. Statement of trustees, responsibilities The trustees Iwl)o are a150 the director5 of Unity Academy for the putposes of compai)y lawl are respoiisible for preparing the trustees, report and the financial statemeiits in accordance with applicable law and United Kiiigdoni Accounting Standards (United Kiiigdom Generallj, ACcepd Accounting Praciice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a trne and fair view of the state of affairs of the charitable company and of the incoming resources and applicatioii of resources. iiiclllding its incoine and expenditure, of th¢ charitable company for that period. In preparing these financial statements, the trustees are requircd to. select suitable accounting policies and apply them consistently: observe the methods and principles in the Charities SORP; make judgFements and estimates that are reasonable and prndent- state whether applicable accounting standards, coinprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements," and Page 3
DoGusign Envebpe ID." D5E68C8&991745CC-9778-AFCF66CC012B Unity Academy Trust¢¢s' Report prepare the finai)cial stateinents on the gFoing concetii basis unless it is inappropriate to presume that the charitable conipanN' will continue in business. The trustees are responsible for keeping proper accounting records that tan dI10se with reasonable accuraey at any time the financial position of the charitable company and enable them to ensure that the financial statements comply M'ith the Companies Aci 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for ihe preveniion and deiection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial infomiation included 011 the charitable con]panv's website. Legislation governing the preparatioii and dissemination of financial statenients may differ froin legislation in other jurisdictions. Disclosure of information to auditor Each trustee has takeii steps that they oiight to have taken as a tstee in order to make themselves aware of any relevant audit information and to establish that the charity'5 auditor is aware of that iJiforn]ation. The trustees confinn that there is no relevant infollnation that they ki)ow of and of which they know the auditor is unaw'are. The annual report was approved by the trnstees of th¢ charity on 22 August 2024 and signed on its behalf by.. frÈWAS B Francis Chairman and trustee Page 4
DoGusign Envebpe ID." D5E68C8&991745CC-9778-AFCF66CC012B Chartered Accountants, Report to the Trustees on the Preparation of the Unaudited Statutory Accounts of Unity Acadcmy for the Year Ended .11 July 2024 In order to assist you to fi]Ifil your duiies under the Companies Act 2006, we hgve prepared for your approval the accounts of Unity A¢adem}' for the year ended 31 July 2024 as set out on pages 6 to 17 from the company's accounting records and from information and explanations you have given us. As a pract15in¥ member firtn of the Institute of Chartered ALLountants iii En¥laiid and Wales (ICAEW) we are 5ubjeLt to its ethical and other professional requiremeiits which are detailed at http.'l..'wM'w.icaew.com..'eiil Tnetnberslregulation5-Standards-and-guidance/. This report is made solely 10 the board of direciors of Unity Academy, as a b(Kly. in accordance with the terms of our engagement letter. Our 'ork has been undertaken solely to prepare for your approval the financial statements of Unity Academy and state those matters that have agreed to state to the board of direciors of Unity Academy, as a body, in this repon. in accordance with ICAEW Technical Release 07116 AAF. To the fullest extent permitted by law, M'e do not accept or assume responsibility to anyone other than Unity Academy and its board of directors as a body for our work or for this report. It 15 your duty to ensure that Unity Acadeiny has kept adequate accountingF record5 and to prepare statutory accounts that give a true and fair view of the as5et5, liabilitie5. financial position and of Unity Acadeiny. You consider that Unity Academy i5 exernpt from the statutory audit requirement for the year. We have not been instructed to carry out an audit L)r a review of the accliunts of Unity Academy. For this reason. we have not verified the accuracy or completeness of the accounting records L)r information and explanations you have given to us and do not, therefore. express any opinion on the statutory accounts. f N.-(uQL. Foster Mant) (UK) Lin)ited Unit 26g Sprii)tsfield Commercial Cei)tre Bagley Lane Farsley Leeds LS28 SLY 22 Aiigust 2024 Page 5
DoGusign Envebpe ID." D5E68C8&991745CC-9778-AFCF66CC012B Unity Academy Statement of Finaneial Activities for the Year End¢d 31 July 2024 (Ineluding Income and Expenditure Account and Statement of Total Reeognised Gains and Losses) Total 2024 Unrestricted Note Income and Endowments fro. Donations and legacies 67,759 67,759 Total lllcome 67,759 67,759 Expenditure on: Raising funds Charitable activities 31,848 16,969 31,848 16.969 Total Expenditure 48,817 48,817 Net income 18,942 18,942 Net movemeiit in funds 18,942 18,942 Reconciliation of funds Total funds bn)ught forward 59,945 59,945 Total funds carried forward 78.887 Unrestriete funds 78,887 Total 2023 Note Income and F.ndoivments from: Doiidtions aiid legacies 25,935 25,935 Total income 25,935 Expenditure on: Raising funds Charitable activities (10,559) 19,481) (10.559} 19,481) Total eXpendire (20,040) (20,040) Net income 5,895 i,895 Net mov¢m¢nt in funds 5,895 5,895 Reconciliation of funds Total ndS brought fonward 54,050 54,050 Total ndS catTied fonvard 13 59,945 59,945 All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 20?3 is shown in note li. The notes on pages 8 to 17 foTn) ali iiitegrnl part of these financial statements. Page 6
DoGusign Envebpe ID." D5E68C8&991745CC-9778-AFCF66CC012B Unity Academy (Registration number: CE017980} Balanee Sheet as at 31 July 2024 2024 2023 Note Fixed assets Tangible assets 2,754 3,672 Current assets Cash at bank and in hand 10 88,201 61,627 Creditors: Amounts falling due within one year (12,068) 15,354} Net current assets 76,li3 56,273 Net assets 78,887 59,945 Funds of the charity: Unrestrieted ineome funds Unrestricted funds 78,887 59,945 Total funds 13 78,887 59,945 For the financial year endin¥ 31 July 2024 the charity wa5 entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. Directors. responsibilities.. The members have not required the charity to obtain an audit of its accounts for Ihe year in question in accordance with section 476: and The directors acknowledge their responsibilities for coinplying with the requirements of the Ad with respect to accounting reLords and the preparation of accounts. The financial stateinents on page5 6 to 17 were approved by the trllstees, and authorised for issue on 22 August 2024 and signed on their behalf by.. x8n•d by. FrAWAS 7ÉS208A.............. B Francis Chaimiat] and trustee The notes on pages 8 to 17 foTn) ali iiitegrdl part of these financial statements. Page 7
DoGusign Envebpe ID." D5E68C8&991745CC-9778-AFCF66CC012B Unity Academy Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2024 Charity status The charity is limited by shar¢ capital, incorporated in England. The address of its registered office is.. Second Floor Greenhill Mills Florence Street Bradford BDJ 8EX These financial statements '¢re authorised for issue by the trustees on 22 August 2024. 2 Accounting policies Sumrnary of 5igNificant accounting policie5 and kev accounting estimates The principal accounting policies applied in the preparglion of these fingncial statements are set out below. These policies have been consistently applied to all the year5 presented, Iinle5S Otherw'ise stated. Statement of eomplianee The financial statcmciits have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice {applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ircland {FRS 1021) {issued in October 2019) (Charities SORP IFRS 102)), thc Fiiiancial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) and the Companie5 Act 2006. Basis of preparation Unity Academ}. tneets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially reco¥r115ed at historical c05t or transaction value unless Oth£TrISt stated iii the relevant accountin¥ policy iiote5. Going concern The trustee5 cor15ider that there are lio material uncertainties about the charity's ability to continue as a ¥oin eoneem iior any significant areas of uncertainty that affect the carrying value of assets held by the charity. Income and endowment5 All inLoine is recognised once the charity has entitlement to the income. it is probable that the income will be received and the amount of the incoine receivable ean be measured reliably. Expenditure All expenditure is retogllised once there is a legal or constructive obligation to that expenditure. it is probable settleinei)t is required and the amount can be Ineasured reliably. All costs are alloLated to the applicable expenditure heading that aggregate similar CL)SiS to that category. Where costs cannot be directly attributed to particular headings the}, have been allocated on a basis consistent M'ith the use of resources, M'ith central staff costs allocated on the basis of time spent. and depreciation charges allocated on the PL)rtion of the asset's use. Other support costs are allocated based on the spread of staff costs. Page 8
DoGusign Envebpe ID." D5E68C8&991745CC-9778-AFCF66CC012B Unity Academy Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2024 Rui5ingfuMds These are cost5 incurred in attractin¥ voluntary income, the managernent of investments and those incutTed in tradin¥ activities that raise nds. Support cost5 Support costs include central functions and have been allocated to activity cost categories 01) a basis consistent with the use of resources. for example, allocating property costs by floor areas. or per capita, staff costs by the tiine spei)t and other costs by their usage. Governance £os¢s These include the costs attributable to the charitv's Compliance with constitutional and statutory requirements, including audiL strategic management and trustees meeiings and reimbursed expenses. Taxation The charity is CL)nsidered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act ?010 and therefore it meets the defiiiition of a charitable company for UK corporation tax purposes. Accordingly, the chariry is poientially exempt from taxation in respect of income L)r capital gains received within categories covered by Chapter i Part I l of the Corporation Tax Act 201 O or Section 256 of the Taxatilin of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Tangible fixed assets Individual fixed assets costing £0.00 or more are initially recorded at cosL less any subsequent accumulated depreciation and subsequent accumulated impairment losses. DepreciutioN and afftvrtisatiu Depreciation is provided on tangible fixed assets so as to }TIte off the cost or valuation, less any estimated residual value, over their experted usefvl economic life as follows.. Cash and eash equivalents Cash and cash equivalents comprise cash on hand and call deposlts, and other short-tem) highly liquid investsneiits that are readily convertible to a knowii amount of cash and are subject to an insignificant risk of chaiige in value. Borrowings Interest-beaTing borrowings are iiiitially recorded at fair valLle, net of transactioii costs. Interest-bearing bOowing5 are subsequently Caled at amortised cost, with the differeiice between the proceed5, iiet of trai15actioii cost5. and the amoiiiit due on redetnption bein¥ reco¥iiised as a charge to the Statement of Financial Activities over the period of the relevant borrowin¥. Interest expense is recognised on the basi5 of the effective interest method and is included iii interest payable and similar charge5. Borrowings are classified as eurrent liabilities uiiless the charity has an unconditioi)al right to defer settlement of the liability lor at least twelve months alier the reporting date. Page 9
DoGusign Envebpe ID." D5E68C8&991745CC-9778-AFCF66CC012B Unity Academy Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2024 Foreign cxehange '[ ransaction% in fi)reign currencies are recorded at the rate of exchange at the dat¢ of the trgnsa¢tion. Monetary assets and ligbilities deni)minated in foreign ¢urr¢nci¢s at the balance sheet date ar¢ reported at th¢ rates of exchange prevailing at that date. The results of overseas operations are tran%lated at the average rates of exchange diirin£ the pcrii)d and their balance sheets at the rates rnliT]g at the balance sheet date. Exchange differences arising on translatioii of th¢ opeiiing net assets and result5 of overseas operations are reported in other comprehensive income and accumulated in equity (attributed to iion-coiitrolling interests as appropriate). Other excl)ange differences are recobFnised in the Statement of Financial Activitie5 in the period in which they arise except for.. l) exchange differences on transactions entered into to hedge certain foreigi) currency risks (see above),. 2) exchai)ge differei)ces arising on gains or losses on non-monetary iteins which are recognised in other eoinprehensive income; and J) in the case of the consolidated financial statements, exchange differences on monetary items receivable from or pavable to a foreign operation for which setilenient is neither planned nor likely to occur (therefore forming part of the net investment in ihe foreign operaiion). which are recognised in other comprehensive income and reported under equiry. Fund Structure Unrestricied income funds are general funds that are available for use ar the trustees discretion in furtherance of the objectives of the charity. Financial in5trument5 Classifica¢ion Financial asseis and financial liabilities are recognised when the chariry becomes a party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arra]igements eiitered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities. Page 10
DoGusign Envebpe ID." D5E68C8&991745CC-9778-AFCF66CC012B Unity Academy Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2024 ReLognilion cndmeasuremenl All financial assets and liabilities are iiiitially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value throuiwh profit or loss, which are initially inea511red at fair value (which is Iiotinally the traiisactioii price ekcludiiig transaction cost5). unles5 the arrangement con5titute5 a Iinancing transaction. If ali arrangement constitutes a finaiiLing transaction. the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of iiiterest for a similar debt instnjment. Fiiiancial assets and liabilities are only offset in the stateinent of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis. or to realise the asset and settle the liability simultaneously. Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are seitled, b) the charity transfers to another party substantiallv all of ihe risks and rewards of ownership of the financial asset. or c) the charity. despite having retained some. but not all. significant risks and rewards of ownership, has transferred control of the asset to another party. Financial liabilities are derecognised only 'hell the obligation specified in Ihe contract is discharged, cancelled or expires. Page 11
DoGusign Envebpe ID." D5E68C8&991745CC-9778-AFCF66CC012B Unity Academy Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2024 Debi iNstrHments Debt Ir15trument5 which meet the following conditiotjs are 5llb5equently measured at amortised cost llsin¥ the effective interest method= {a) The contractual return to the holder is (il a fixed amount.. (ill a positive fixed rate or a positive variable rate; or (iiil a combination of a positive or a i)egative fixed rate and a positive variable rate. {b) The contract Inay provide for repayments of the principal or the retun) to the holder (but not both) to be linked to a single relevant observable ii)dex of general price iiiflation of the currency in which the debt instnjment is denominated. pn)vided such links are not leveraged. {c) The coniract may provide for a determinable variation L)f the return to the holder during the life of the instrument. provided that (i) the new rate satisfies condition (a) and the variation is not contingent on fuiure events other than I l) a change of a contractual variable rate; (21 to protect the holder against credit deterioration of the issuer,. 13) changes in levies applied by a central bank or arising from changes in relevant taxation or law., or (li} the new rate is a market rate of interest and satisfies condition la). Id) There is no contractual provision that coiild: by its iernis, result in the holder losing the principal amount or gny interest attributsble to the current period or prior periods. {e) Contra¢iu81 provisions that permit the issuer to prepay a debi instrument or permit the holder to pui it back to the issuer before maturity are not contingent oil tUre events, other tha]i to protect the holder against the credit deterioration of the issuer or a change iii control of the iSSlleT, or to protect the holder or issuer against changes in levies applied by a centrdl b[k or arising from changes in relevant tatIon or law. ID Contractual provisions may pem]it the exteiision of the term of the debt instruinent, provided that the return to the holder and any other contractual provisions applicable diiring the extended term satisfy the conditions of parauraphs (al to {c). Debt Ill5trument5 that are classified a5 payable or receivable withiii one yek)r on iiiitial recognitioii and which meet the above coiiditions are measured at the undiscouiited amouiit of the cash or other coiisideration expected to be paid or received, iiet of itnpainneiit. With the exception of some hedoing instruineiits. other debt instruments not meeting these conditions are measured at fair value through profit or loss. Cominitments to make and receive loans which meet the conditions mentioned above are measured at cost {which may be nil) less impaimient. JMve.flntenls Investincnts in non-convertible preference shares and non-puttable ordinary or preference sharcs (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less impaimient. Investtnents in subsidiaries and associates are measured at cost less iinpainneiit. For investments iii 5ub5idiarie5 acquired for coi)sideration including the issue of shares qualifying for merger relief, cost is measured by reference to the nominal value of the shares issued plus fair value of other consideration. Any premium 15 ignored. Page 12
DoGusign Envebpe ID." D5E68C8&991745CC-9778-AFCF66CC012B Unity Academy Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2024 DeriVliVefinuc1l inslruments The charity uses derivative financial iiistruments to reduce exposure to foreign exchan¥e risk and interest rate ovetnents. The charity does not hold or issue derivative financial inslnjmeiits for speculative purposes. Derivatives are ii)itially recognised at fair value at the date a derivative contract is entered into and are subsequei)tly remeasured to their fair value at each reporting date. The resulting gain or loss is recognised in statement of finai)cial activities immediately unless the derivative is designated and effective as a hedging instnjment, in which event the timii)g of the recognition in statement of finantial activities depends on the nature of the hedge relationship. Fair volue measurenienl The best evidence of fair value is a quoted Price for an identical as%et in pn active market. When quoted prices are unavailable, the price of a re¢ent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a signifi¢ant lapse of time since th¢ transaction took place. If the market is not active and recent trdll5action5 of an identical asset on their owi are iiot a gFood estimate of fair value. the fair value 15 e5tiinated by using a valuation technique. 3 Income from donations and legacies Unrtstricted funds GcnLral Total funds Regular giving and capital donations 67,759 67,759 Total for 2024 67,759 67,759 Total for 2023 25,935 25,935 4 Expenditure on raising funds a) Costs of trading activities Unrestricted funds General Total funds Note Costs of goods sold Other dirett costs of activities for generating funds 6,659 6,659 Total for 2024 iO,894 iO,894 Total for 2023 10,040 10,040 Page 13
DoGusign Envebpe ID." D5E68C8&991745CC-9778-AFCF66CC012B Unity Academy Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2024 b) Investment management Costs Unrestricted funds General Total funds Note Allocated sUPPOrt costs 954 954 Total for 2024 954 954 Total for 2023 i19 519 Total costs S Expenditure otl charitable activities Unrestricted funds General Total funds Note Govemance costs 16,969 16,969 Total for 2023 9,481 9,481 Total expenditure In addition ro the expenditure analysed above. there are also govemance cosis of £16,969 (202) relate directly to charitable activities. See note 6 for further details. £9.481 I which Page 14
DoGusign Envebpe ID." D5E68C8&991745CC-9778-AFCF66CC012B Unity Academy Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2024 6 Analvsis of governance and support eosts Governanee costs Unr¢5tricled fund5 General Total funds Audit fees Other fees paid to auditors Legal fees Marketing and publicity Other governance costs 1,200 595 875 14,299 1,200 595 875 Total for 2024 16,969 16,969 Total for 2023 9,481 9,481 7 Staff costs The a¥gregate paj'roll costs were as follows.. 2023 Staff costs during the year were: Otlier staff costs 47 No employee received emoluments of more Ihan £60,000 during the year. Page 15
DoGusign Envebpe ID." D5E68C8&991745CC-9778-AFCF66CC012B Unity Academy Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2024 8 Taxation The charity is a registered chgrity and is therefore exempt from taxgtion. 9 Tangible fixed assets Motor vehicles Total Cost At l August 2023 3,750 3,750 At 31 July 2024 3,750 3,750 Depreciation At l August 2023 Charge for the year 78 918 78 918 At 31 July 2024 996 996 Net book valut At 31 July 2024 2.754 2,754 At 31 July 202) 3.672 10 Cash and cash equivalents 2024 2023 Cash at bank 88,?01 61,627 I I Creditor5: amounts falling due within one year 2024 2023 TrLlStee5 current accounts Other creditors Accruals 5,288 5.353 6,780 12,068 5,354 12 Share capital 13 Funds Page 16
DoGusign Envebpe ID." D5E68C8&991745CC-9778-AFCF66CC012B Unity Academy Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2024 Balance at I August 2023 Incoming resources Resource5 expended Balance at 31 July 2024 Unrestricted funds General 59,945 67,759 (48,817) 78,887 Balanee at I Au£ust 2022 Incoming resourees Resourees expended Balance at 31 July 2023 Unrestricted fund5 General 54,050 25.935 (20,040) 59,945 14 Analvsis of net assets between funds Unrestricted funds General Total funds at 31 .luly 2024 Tangible fixed assets Current assets Curreni liabilities 2,754 88,201 (12,068) 2,754 88,201 (12,068} Total net assets 78,887 78,887 Unrestricted funds General Total funds at 31 July 2023 Tangible fixed assets Current assets Current liabilities 3,672 61,627 15,354) 3,672 61,627 15,354) Total net assets 59,945 59,945 15 Analysi5 of net funds At l August 2023 At31 July 2024 Cash at bai)k and in hand 61,627 61.627 Net debt 61.627 At l August 2022 61,627 At31 July 2023 Cash at bank and in hand 59,?41 59,241 Net debt 59,241 Page 17
DoGusign Envebpe ID." D5E68C8&991745CC-9778-AFCF66CC012B Unity Academy Detailed Statement of Financial A¢tivities for the Year Ended 31 July 2024 Total 2024 Total 2023 Income and Endowments from: Donations and legacies (analysed below) 67,759 25,9)5 Total income 67,759 25,935 Expenditure on.. Raising funds lanalyged below) Charitable activities (aiialy5ed below) (31,848) (16,969} (10,559} 19.481 } Total expenditure (48,817} 120.040) Net income 18,942 5,895 Net movemei)t in funds 18.942 5,895 Reconciliation of funds Total funds brought forward 59,945 54,050 Total funds carried forward 78,887 59,945 This page does nor forni part of the statutory financial staiements. Page 18
DoGusign Envebpe ID." D5E68C8&991745CC-9778-AFCF66CC012B Unity Academy Detailed Statement of Financial A¢tivities for the Year Ended 31 July 2024 Total 2024 Total 2023 Donulions and legocies Committed giving 67,759 25,9)5 67,759 25,935 Rui5in¥fuMdJ+ Sports Equipment Purchases (4,726} {24} 11,909} (20,235} (4,000) {2,540} {8761 {4,874} {1,750} Subcontract cost Coa¢hing sessions Facility Hire StatTtraining Trade subscriptions Depreciation of n)otor vehicles 1391) {50} (78) (36) 19181 (31,848) (10,559} Churitable aclivilit Rent Light, heat and power Insurance 16,780) 11001 {697) 11,244} {122) {417) {164) {1601 {286) Sportswear Repairs and rei)ewals Telephone and fax Computer software and maintenance costs Printing, postage alld staiionery Motor insurance Motor repairs and renewals Travel ai)d subsistence Advertising Staff entertainiii¥ (allowable for tax) AccouJ1t1cY fee5 Legal and professional fees 11001 14941 12821 12131 16071 19741 (1,2?3} (i,526} 18751 (4,751 } (47) {1,140} {453) 19,481 } 11,200} 15951 (16,969} This page does nor forni part of the statutory financial staiements. Page 19