REGisfKRED COMPLIY NLTIIBER: 111173037 (EnglHnd aDd Wale5) REGISTERED CHARTfY FIUMBEIL. 1185149 RT FINAfiCIAL STAILMKNTS FOR THE YEAR LNDED 31 MARCH 2024 DOWNS VtEW LIFE SKILIS C LLE 44 Grwjd Par Brighton BN2 9QA DOWNS VIEW LIFE SKILLS COL CE N￿Ts FTHEFI ANC TATE FOR THE YEAR ETr*l)ED 31 F+gARCH 2024 Report of tbeTrllytee6 I to 6 Rwort ofthe IndependentAudito 7 to 10 Statement of FlnaM¢l41 Actlvitits Balance Sheet 12 Cash Flow Statement 13 Trlotey to the CAsb Flow Stalement 14 Not¢5 to the Fln•nclaJ Statements 15 to 21 De¢alled Statsment of Flnanclal Acthpltks DO GISTERED YUMBEIL. 11 303 REPORT OF THE TRUSTEES 2024 The ttwtees wbo Bre also direct￿5 of the clmtity for the puw of tbe Con]PODies Act 2(K16, pre5fflLt their reiJ)rt with the finalleial statements of the ¢harity for the year ended 31 Mar¢h 2024. The In￿te¢S have adopted the provisiollB of Ac£ounting alld Reportill8 by Charities: State[t￿llt of ReCom1lle￿ Practice applicable to C1￿11ticS preparing their accounts in accordRncc wth th¢ Financial Rewrt1￿g SthNlard applicable in the UK Republyc of Ireland (FRS 102) l¢ff¢xisY¢ l January 20191. ObJe¢lives and Actlvltles The objectives of tbe cbarity are to suppirt yowjg adults with severe Le￿ difficulties by wovith"Dg edu(xtion and ]ife skills proBrall￿. Our etho Our Ethog ts io Crea￿ a climatr that fosters cooDecrioo Inch￿]0￿ dignity, rwwt aThd value for all mejnbets of our college comn)unty. It pmnwtcs the iDJPOrtance of stron8 tel*ionships lthccn learners. staff and parent&1¢2rers. We Alm,. . To support learner by focusing on their ]nd[￿d￿ality attd them a¢ccss to a broa4 ba]anced and relevan¢ awriculum. . To enable ¢ach learner to function with In￿ Independell￿ and confiknce and &%%ist thon in reaiising their n)tiximum potentiaL - To ptoTride a saf4 happy and 51imu]ating eLvironmeTht within whicb to deveIop w0￿p1aCe skills. - To encourdse cate alld consideration for those artCntial., The deVelop￿ettt art8 have been adthE&%ed thn)ugh the College Development plan. The college eonttnues to be supponed in its development through the 3trong links with DO￿￿$ Wiew School. There is a shared ethos besween all sites. The c(Fllege continucs to wwk clO￿lY with ￿18h1o￿ and Hove local autbwity to meet thc Decds of stlthnts with severe learning di5abil1li￿ locally. Students itk the college consistent Ivttb 36 full litn6 learneTh and I part-tirne learner. P05t CDvid we havE worked hard to rerDJnities both extern￿ Ind ittiErn81 are cotitttiually developing atld tailored to the needs and interests of th¢ 1¢8rners. Lrfe Skills programs ensLw¢ that l¢arDets have the skills Jxeeded to lty)k aftw th¢ll)$elve8 Attd keep themselv&% St￿¢. Lcarners have oppotluDities to acce55 a wide variety of leisure actairytie5. Arts we£k sv&8 very suceessfi]L the college was Part of the BThghton F&%tival open house program where learners wue 8ble to SEII ll)6ir art work. ttdrner$ rlm a weekly café for their fellosF stsdcnts. They arc al80 part of a weckly Icatner coimeil enabl¢s the]n to play 8n active par¢ in the nujning of the College. A conjmuniry garden bas iwi establisw this pmvideg WO￿ ex￿lenCe ¢)p￿)I*m1li¢S for IiTths with the cotllTlluDity arKI enhatkce5 wellbein8 forau who access il The site continues to be develop￿ to VLwr¢ that IÉ fi￿Y n]*s the Deeds of all th¢ le•m￿s. We work in liaison with Brighton and Hoye local authority. safegu8rdi￿ pro¢ethire8 are mlyusL there is a DSL alld DDSL on sitc. AII 3tAff ate aware of tbe pr(Kedure8 around safeguarding adults. Stsff are trnined annually aud trwnillg is tsitoMI to lleels of stUde￿ts end llational issues. All 8taff hav¢￿e1Ved training aToulld th¢PREVENT strty. All staff have re¢civtd PROAcf-SCIP ts7ining whi¢h sutwrts learners with ¢hoU¢nw8 b¢haYiouT. W¢ h8v¢ Creat￿ a ew rol¢ of positive behaviow SUP[￿ practitiotsEr kn Etw]tr we havE a bigh Icvel of SUPE￿>rt of aJL learners alld F￿ANc￿NEvj￿w Finarteiil positio Th¢ r¢8ults for the year are showD in the Statement of FiTwKiai ALliVitE&￿. Balsnc¢ 5bect And accompmying notes. Thi8 i8 the 8iXtb year that the Charity h&5 been in fvll operaiion and s￿lld has been appropriote for thB iwllthet5 of IEarner& The main ex￿Itt￿¢ has been on stMffiDg. The for the build￿ agre￿ with Bright0￿ & Hove local authority. We hive 8 clear plall for the college Ikvelqjmerti and PTemises inv¢sun*it Ibat 18 managed by the college d¢vdopnwitu)allag￿. Pagc 3 OLLEGE GtsrERED NbTrlBER: 11 RT F THE TRUSTEES FOR THE YEAR FINANCIALREVJEW tllVe5tm¢nt pollcy and objediv The college Continues to invest ill the cuniculurtt As 8 D)8ill fcrtws. Spxialist WjiPD￿It kn also been pur¢I￿d to support learn¢r8. There has also b¢eD tnvesttn¢nt in resouttts to support employability skills. The premi￿ dev¢lopmetLt plan irjforyn ongoing spenLi Reserv¢y pu]Icy The tNsttts holding Testtves for w firtvr¢ payrffjents to ￿edit0Th. are a]8(Tr held for fjjrther site d¢velopmenL R￿erve5 ar¢held foT any fvDJ¢ prorffj ifthelease for thoexi8ting site was withdraw FUTURE PLLNS L¢am¢rnumb¢rs atDowD8 ViewLife SkiU5 collegB willra)Miti stsble AJd we will contlliue to wotk dos¢ly with BrI￿)tOnalld Hove Locdl Authority kn ensujy we meetth¢ nttds of10¢o1 T¢sid¢nts. The CollE8e developmcntpian addr￿ th6dcVelopm￿t frotn thr Ofs¢ed insttttioll. The Life Skills faciliti￿ on site will be imprnyed thn)u8b the development of cl&ssroom areas to ell8t￿e they ]ne& leamers need% en%we ¢apacity wlktt the t¢mp)rary Classro￿ are (emove(L W¢ will continue to development the outside letsrning areas wbicb ￿11 include the conmmmity garth as well as the &pa¢E cre*ted witbthepl&nned mnova] of the otJsit¢ hou*. STRUCTURE, GOVEILYANCE AND MANAGLM Coverming document Dowms View Lif¢ Skills Coll¢ge was incorporated as a Company LimitEd by Gurntee on 20 November 2017 as Downs View Lifr Skills College Limited. The name was changed on 17 July 2018. It rec¢iYed charitttbltr statu8 on 3 Septtmber2019. Its governing dDcument is its MetllDralldU￿ alld Articles of kn)ciation d8bJ 20 Novemb￿ 2017 as amentsj by special resolution on 20 J￿¢ 2018 and 29 August 2019. Recrnltmtnt #lld #ppointment of new trnrttts The trustee8 ￿ charity tnwtees have control of the ¢￿￿ty and itspropty atKI fi￿. The subscrilKrs to thc MertLOTanduTn (bEYllB the fr5t D]eD]I￿) are al80 thE fjrst trI￿te￿. New tnLStffs are CO-W by tbe trustees. The tr￿. wben complete eonsist of at least 3 attd ￿0t more than 9 over the age of 18, all of whom Sllp￿ the objethives of the cbarity. Otse thitd of the twstees must reure e4ch y¢ar, those lot)gest in offjce rniring first alld tbe cknice IKtwe¢D any of equal ￿¢£ being made by lots. A retiiing trustee who is digible may be reaEwoitited Rlskmanage￿en￿ The trLJSte&q have a duty to identify and revicw the risks to which the ¢harity 18 ¢xposed and to eDSUTe 8ppropriat¢ contro]s are inp]aeE to provide reasonable &%%urance 88aiLSt fiaud ll￿d eEror. The tswtces Are devElopittg a system to ]nallage than eltmiDate tbe risk of failu￿ to achievE the CI￿l￿S obj¢¢tiveè 4nd w tbeTrfore oDly pro￿d¢ reasonabk assuran¢e ond not absolut¢ assurnttc¢ against materia] mi8stat¢meni orloss. REFEREE4C£ ATr4￿ ADI￿[￿sTRATIVED￿TA[Ks Reglstered Compfiny nwnbcr 11073Q37 (F4JglpThJ and Wales) Reglstered Ch8Trity number 1185149 DO co GE FOR TUE IThRLNI)LD 31 MèlRCU 2024 Reg15ter¢d oflke 7 Old IA*ndonlioad Brighton E&st Sussex BNI 8XR Trll5teei Ms S Hirschler Ms J F McM¢) Ms AV Jon&8 J Watkins Dr J A Clwllan Senior Statstory Alldltor Shona Warthp CA. udttors ChariotHou5e Limited Chart¢red Staw Auditsy 44 GraTrd PaThde Brighton BN2 9QA so￿¢1¢0r8 GTiffith SmithLLP 47 Old Stein Brighton East Sussex BNI INW ChlefExecutlveJHeadteacher Vanessa Hickey STATEMENT OFTRUSTEES, RESPONSIBILf￿ES The di￿¢e8 Iwbo are a]so the diteckn of DoBn5 View Life Ski115 Colle8e for the pwpo8es of wmpjny law) are r￿￿o$]ble for pr¢paTing the ReFffj of the TnJs*e8 and the financia] ststrmertts iti aceord8nee applicable law gmd United Kingdom Acc4)unting Sla]knlarth (United Kingdorn Genry8lly Accepted Accounting Pra¢ti¢¢). CoD4TraTLy law r4uires ibe InLStees to prepare fir￿Cl￿1 Stat￿ for e￿ filla￿la1 year which giye a true and fair view of the state of &ffoiTS of the charitsblr company a￿d of the i￿￿>￿ID8 resour￿% and app]i¢atton of resources, including the incorne and expenditsre, of th¢ Ch￿ILabl¢ ¢ompany for that In pr¢wing thosE fi1￿CIal 5talEtnents, tbt lrnstees ￿er¢qUred to 8elect switable accounting poti¢ics then apptythcm coLsisten¢ty. observ¢ th¢ rneth0(￿ 8Dd prirKiples in the Charity SORP. make ar￿ estitnate5 that are r&qsotthle dnd prudeD(" prepa￿ the fioau¢ial st8temeDts on the going eoDGem bgsis w]le8S it i8 nw)propriatB to presL]m¢ th&t the ch￿]￿ble company will [￿ntinu￿ ]nI￿sineS& The ts￿st¢eS Jre TESponsible for keep1t￿ proper accounting reconts wbtch disclose with reasollable accuracy at ally thne th¢ finaAcial ￿sItiOn of the ch￿l￿ble company enthle to ensure that the financial stateme4]ts comply with the Comp8Die8 Act 2006. They ATe 1150 respO￿[ble for safe8uardtng the wets Df the clk4ritsble compally and hencc for taking ft&%orJablo steps for the preY¢ntioo anddelrftionof i*ti¢5. P88e 5 DOWNS VIEW LIFE SKILLS COLLEGE IsrERED YLThIBER. 11 po USTE STATEMENT OF TRLTSTEES, RFSPONSIBiIifIES-continuol In 80 far ￿ the trustees are awa￿.. th¢re is no rel¢Yant audit inforrnation of which the charitable CoMpAn￿$ ffjditorts sr¢ LllWWa￿. and the trLL%tceB have taken all steps that they ou8bt to knve taken to make themselv￿ awEre of r¢levEnt audit infonllAtion 8nd to ￿￿bliSh that the auditots attawa￿ of that it1fon￿o1L AUDrroRS The auditors Chotiot House Limited, will beproposed for rwp)intsnentat the fortbcoming A]]nu81 Genernl Meeting. App dby 0￿¢r of th¢ ixwd of thJ5tEtS On... 11 lj 112.4........ st￿ SI￿ ott its bebatrby.. M¢Mornw. TnLqt¢e Page 6 F THE INDEPENDEYr. KtL LLE rroRS TO THE %IEIIBERS OF ERED ER:1 Opiniort We have audited tbe finRn¢ial stataneats of Downs Life Skills College (the ￿h￿itable conwJ4) for the ye4r ended 31 March 2024 which comprise the Statement of FiJ]allciai Activities. the Balance SheeL the C&8h Flow Ststement and notes to the fitwjcial M&tetnents. iticludithg a swnll)ary of Sl￿fiCAnt accounting poliei&%. The financial reporting framework tbat has be¢D applied in their pr¢pw8ti1)n is appliubk law and Uuited Kingdom Aw>uD¢ins Stsndards (UnitedKillgdDm G6nctally Arc¢pbJ AC￿￿till8 PLHGti￿}. In opiniott the fmancial statejnents.. give a ttue ffjd fair view of the st8te of the ¢b8ritabk ¢orypanYs affairs ￿ &t 31 March 2024 and of its illGon]ing re￿Ure¢S attd applieatiott of resource4 IDcluding its lrteome and expenditurq forthe year then ended. hove been pn)perly prepaTed in accordance witb Lni*dKing(b)m Gu)￿lIY Accepted AcCO￿￿￿g Practi(%; ond hav¢been prepar￿1 ill acLx)rdEnce with the r￿u￿ell)ellts of the Cowies Act2(M)6. Bojts for opinlon We conduct¢d our audit in accokn Internati¢)￿1 St8ndarth on Alld￿n8 (UK) (ISAS (UK)) Applicable law. Our responsi￿lIllI¢S under those staDdards are fiuther d￿￿ribed in the Auditors, respoDsiliiities for the audit of the fittaTLciat statettlents sectioll of our repotL We ate independent of the clwiÉable company ill accord9￿Ce with the ethical rrquimnents that are Yelevant to our oudit of tb¢ rMa￿l8] se8trnts in the UL including the FRes Ethical Standard, and w¢ have fU￿￿ed our other ¢thical reswnsibijities ID 8￿rda￿ with th￿¢ reqlli￿ts. WE b¢li¢ve that the audit evidenc< w6 have Obtai￿ed 15 sUffiCia￿a￿l appiopriateto prnvidE a bgsts for our opinion. Coneluslons T¢Jadng to Eolng ¢oiicern ItL auditing the finmcial statement4 we ]wve cortc1￿ the t[￿tee5, of the going eOnL%m basis of attounting iti the preparntion of the finon¢ial Sthtements is approprinte. Based on the work we have perfoTma, wt haye ￿)1 ideniified Any ullcertaintsEs r¢latitig to cvcnts or conditions tlia¢ individually or ¢ollertiv¢ty. may cast stgnifieant doubt ¢)n th¢ ¢b&ritable ¢omparAys ability to ¢outiW 8s a goillg concern for aperiod of at le&st ttvelvt from when the finaucial st￿eme￿t5 dre authorised for issue. Our respoT&8ibilities and the rESW)ll5bJ ilities of the triL*£s with respect to going concern are d&stsYxbed in the rclevant sertions of thi8 TepoTL Other Inforniation The ¢￿Ste¢S are resp)nsibLe for the other inforn¥tion. Th¢ otk infornjation conwrise8 the infonnauon included in ¢h¢ Al￿val ReFffj odLerthanthe financial statcfftents &￿o￿rRq￿ ofthe IndepenthtALvJitors ther¢on. Our opinion on the financial statemrtLts doGs Dot covff thc other excqjt to the EKtcnt otherwise explicitly stated in ow report, we th) not express ￿Y fomi of ￿Urance conclusion ther￿. In totjnection w(th our a￿lIt of the finattGial Stat£m￿ts. our twbilily is ts) read the other infonnation and. ID doing so, considtr whether the other informarion is nNiterialty inco]Jsistent with the fin8ncial statuna]ts oy ow knoWI￿ge obtained in tk audit or othern+ise appeaT5 to ￿ matertaily mi9statr& If we identify rnat¢rial illconsi8tencics or ppar¢nt material rni&staiements, we aTe requiJed to detemiine Wheth￿ this gil'es rise to a material inisstatement in the financial sthtein6nts the￿561￿&%. l( based tbe wodt w6 have wformed, we conclude that there is & matwi81 mtsstat¢m¢nt of thi8 other 1nfornllti0￿ w¢ are rwuJTed to that fact. We have uothing to its this Tegard, OplDlon$ on other matters prwcrlbed by the compW￿¢S Art 2006 Itt our opiniofy bas¢d on the workUnde￿¢ll iThth¢ course of the a]]ditr. the snformatiott given in the Report of the Trusm for the finattcial year for wbich the fillancial 8iatctnetts are pr¢patEd ig c1)￿ls1BDt with the fmaDcial btaterDents,' alld the R¢wrt of the TNste¢s has be¢n p]rpared in a¢COr￿ with applicable legal requIr￿nts. REPORT OF THE n¥D . IVE SK OF LTMBER: 1107303 COLtIGE Matter8 on whlch we are requlred to report by excepdon the light of the kryowl¢dse and Understandi￿ of fhe charitsble cowy aThl its ¢Dvir()nm¢nt obtsTned in the courK of tb6audiL we havEllOt idatifirylrnat6rial mi5s¢atc]neJts ill the oltb¢ TnJ5tec& We have ￿]llg to rq)ort respect of the fi)Ilory mAtter8 wl)ere the CoTwies Act 2006 rgwires us to report to you if. ill our opiniou.. branches notirysit¢d by u5., or cert8iThdisclo$ures of trusrees, remuntration specified by law arenot man5ible for the preparation of the fin8ll¢ial statements and foT bein8 satisfied that they give & true aud fair view. and for su¢h internal cotrtrol as the tsustees delmDine is necesgary to awbl¢ the preparatian Df fiJjaoci￿ Ststemelltsth￿ are fr¢e from ]natcrial rnisststement, whetherdue to frdudor cttor. tn preparin8 the financial ststrmeDts, the ts]￿ are re&y)Dsible for assewing the charitable compauy's ability to cO￿tinUe a5 a 8oin8 concern. disclosin& &s appIicable. Dwtrer5 ￿lated to going Concern attd using thE gtsing concern basis of accolmting unless the trustees eith￿ intmd to liquidaie the chaTitsble ¢oThp￿Y or to cease operations or have no realisti¢ <¢rnativ¢ but to do yo. RTOFT PENDE T A[￿lTORs TO DOIVNS TrIEW LIFE SKILLS COLLEGE GisfERED YLTMBER: IIIJ73113 Our Yesponsllyffities for the audlt of the flnanclal ststell￿nts Our obiKtiY¢s &r¢ to obtasn re￿Ollabl¢ assllra￿e almmrt whether the fil￿￿1￿1 slatern￿ts as a whole fire frojn atDrial misststellLenL wbdheT du¢ kn fraJJl or t[￿, 8nd to issue a liqth of the It]dependent Auditors that iDclths our opinion. Re8Eon9bl¢ &wirallce is a high leyel of &ssurdnce. but is not a that atL audit collducta in accordance with ISA8 (UK) will always thtect a material misstaten)eD¢ when it exists. Misstatements 8fiBe from fraud or ¢nDr aud are considered materi41 if, inibvith]ally or in a8grE8at4 they could reasonably be expthl to influence the eKollrric deG15iOllS of useT5 tRkcn on thr basTS ofthese finan¢ia] stateMu￿. Th¢ ¢xt¢ntto whi¢h oiu procedm are capable of deMitigAntguJJritse4 ]￿lUding fraud is detsiled b¢low.' Based on our uThd¢rstalldin8 of the charity and its acLivitie4 and thTougkn discussion with the trustees and manag¢m¢n( w¢ idcntificd the principal risks of material misslatementboth atthe finoncia] star¢meDt level and atthe assertion le￿1. We collBidcred the8v risks thE li8ht of variDU5 fadots in¢htding th¢ Igvel of ¢omplexity, SUbi￿tiVIty, utsceitsinty, potential ma￿age]￿ent bias. fraud materiality aod arLy TekTrani f¥tyrs. We co￿ldered the extertt to which th￿e would Iiav¢ an)aterial impwt on th¢ fin8￿jaI staknll¢nts gnd desigtted ouraudit work &C￿rdingly. In id¢ntifying and a&$￿[￿g rssks of materiai misstaiemait in r• of ITre￿lar1ties, tncludiDg fraud and non-collJplian¢e with laws 8nd reEuiatsons ovrprwth included thc followm8'. We obtailled an undeLStandmg of the legal hlld fraroeth that the tharity operate5 in, focusing Dn those jaws aad regulatio￿ that had & material effect on the fiDallcial OT th&t ]JBd a fundamen￿ effert on the operdtions of the CI￿lty from ourprDfes5iOt)al hnd sector experie￿¢. ' We porformcd at￿lYtICal pnxedLues to identify any ullusuai or unexpected Trlationships that may indicate risks of aterial misstatement due to fraud, and Teviewed signifi￿rt or ￿￿￿Ual frdDsactiODS to idenrfy their uthl)iThg SUPFthiDg rationale ' W¢ iDspKted the minutes of ￿￿etin&S of those chaTged with 8ovemauc<. direct ¥nquiiie8 of ]nanagenKnt and the boardof tNStE&￿ cOn￿rni￿ tbe thritys PDlities andpmceduw ffl8ttng to: * I iti arconJancE WAth Chapter 3 of Part 16 of the Companie8 AGI 21J)6. Ow audit wth* has been undertkn so that we mi￿1 stste to the c]witable cortlpats￿s e]nbaE those m&tters we are required to stak to them in alldit0￿ rew>rt 8md for tto otber puryose. To the fullest extent perniitted by law. we do not accept or assu￿ respons1￿]lIty to Anyoue otk thall the cljaritsble conyny and th¢ charitable C0DJpAn￿S menJb¢rs a I￿y. for our auditwort for this rew4 orforthe Opinions we haye formed. Shona Wardrop C.A. (S¢nior Statytory Auditor) for and on bEl￿Tr of ChgTiOt Hous6 Limited Ch8rteredAccountsnts and sts￿tOry Audtt(r 44 Parad6 Brighton BN2 9QA Page 10 DO . T OF FINthCIA ACTIVITIES RPORA COME" EXPEr*￿r[LI1EAc FOR THE YEAR Ef4DED 31 MèlRCH 2024 2024 2023 Totsl fimds fijnds INCOME AND ENDOWMENfs FROM DonatioD8 andlewies 30.143 5261 ChArltAble aetlildes Bducauon lJ61.466 1.356239 Other income 28,531 45,337 Tot91 1,420.140 I,4[￿.837 EXPENDITtJRE ON Charitable Aetlvides Education 1.159.930 1,051467 T￿T INCOME 260210 3S4,370 RECONCILIATION OF FUNDS Total funds brought fonvard 760,918 406,548 TOTAL Fuf4DS CARRIED FORWARD 1,021,128 760,918 The Dotes form partof thcx fill¥￿¢7a1 st8tellMts Pag¢ll ER: li SHEET 2024 un￿￿trict￿l 2023 Totsl fjjods Notes FLYED ASSETS Tall￿ble 8S5ets 13 25,731 16.030 CURR￿ ASSETS Debtors Cash a¢ b4nk and inhand 14 35,787 1,091,641 16,084 1.063.135 1,127,428 I,(r19,219 CREDITORS Atrwts falling thtswitbin one year 15 (132.031) 1334,331) 995 J97 744,888 TOTAL ASSKIS LFS8 CURRLYT LIABILI'fiLS 1.021,128 760,918 r4ET ASSETS 1.021.128 760,918 16 Unrestricted fvt)d8 1.021.128 760.918 TOTAL FUTr4DS 1,021,128 760,918 These fina￿¢1&1 ststements h&ve been ￿¢0[￿￿ wAth the pmvisions app]icable ￿ ¢1￿1￿￿1e comp9mL'es subJec¢ to the stllall eompauies regit The ments wer¢ approY¢d by th¢ BO￿ of Tn￿te¢S and authoris¢d for i&8lle DIL . alldw￿ sigDed on its behalfby.. Morrow- Trustee Page 12 I)OWNS VIEW co ASH FLOW STATEfvILN4T R THE TrTA CH 2024 2024 2023 Notes C8sh flow5 frou) operatillg activltle8 48.920 408,085 Net ¢4thprovidedby operating 8ctivitie5 . 48920 408,(K85 Cash floivs from IDveJt%ng actfvltles Purchase of tangible fixed &%sets (20,414) (15,812) Net Cash ussj in investing actiNIti& (20.414) (15.812) Cbange in ￿¥h and ¢ash equfvaients I the reporting ptrMKI C4sh and e4sh ￿ll]Valents at the beglDnlng of the reportlllg ￿rIOd 28506 392.273 1.063,135 670,862 Cash e8sb equivalents #t the elld of the reportlngperlod 1.091.641 1,063,135 Page 13 OTES TO THE ASH FLOW STATEhlENT 2024 RECOYCILL4TIOTrI OF F*ET INCOME TO NET CASH FLOW FROM OPERATING ACTTrITIES 2024 2023 Net Ineome for the reportJDg perftyl (as per the StatementofFtrthne Adlvltlu) Adjustments for: Depreciation chArge8 In¢rease in debtor8 (D¢creaS¢Y￿ere￿ in creditots 260.210 354.370 10,7E3 {19,703) (202.3(M)) 4,152 (16,084) 65,647 Net £￿Sh PToTlded by oper*tiD 48,920 408,085 ANALYSJS OF CHANGLS INNET FtrNDS At 114r23 Cash flow At 31n124 Iyet cayh C&th atb￿th and in hand 1.063.135 28.506 1,091.641 1.063,135 28.506 1,091,641 Tot41 1,063.135 28,5 1,091.641 Page 14 TE TO THE FIliANCLiL STATEMLNTS THE ITAR EI¥Tr4 ED ACCOUhThG POLICIES Basts ofprepwlllg the fiDandal ststements ThEoo ￿ fiDan¢iai statements of th¢ ¢h8ritabl¢ conJpaDy. wbich is a public beuefit entiry ujder FRSI(r2, h&v¢ been prepared in acu)rdan¢e with the SORP IFRS1021 'AccoutrtiDg and R6porting by ChJsitie6.' StJ*m¢nt of Recin￿¢￿ded Practi¢¢ ￿plICable to charities pry8rtDg their accounts with the Filla￿la1 Rwortin8 Standard applicable in the UK alld Republic of Irelsnd (FRS102) (eff￿[[Ve l January 2019),, Financial Rcwting Swthrd FRS102 Tr Fiuallci￿ Rewrting SthttdArd applic•ble in the UK and Republic of ITr]and' and the CornpaDi¢5 Act 2006. The fin￿la1 slat¢Jr*nts have been prepaxcd under the historical cost CLmvention. The ¢lwity meets the definition of A public beneEt entity ￿ definedby FRSIO2. Tre accounts are prepared in $ter]ing which i5 the fill￿tional curtency of the charity. Monclary assets in these finollciaI stat¢m¢nts are round¢d to th¢ n¢arest£. GolDg Concern At the of &pprovin8 the financid st*ment% the tn]ste¢s bave a reasonable expectstion that the charity ha8 adequate resources to continue Ope￿i(￿lai existcne£ for foresccablr and on tbat basis the ¢hpxity is considered to be a going c¢)ll¢￿. Critical #ecoulltillg judgements And key 50urce5 ofeytirnation untertsinty In th¢ application of the Charity's acco￿tillE policies, fhe ciwity ￿ Te￿￿red to jUdgm￿ts, esttmates a8SLiTllptions about the carryw V￿ll¢ of Swts ￿1 tiabilities that ar¢ not readily apparmt froin other souwes. The &*imaies aDd associated ￿UmptIOnS are based on hisiorical Experience aDd other factor8 eollsidered to be relevallL A¢tual K8ults DUY dilFer from these e8timati%. There ue no ￿l￿ateS and asswnptiotss that are cons](k￿ to h&ve ll sigaifieollt risk of causing a material adiusttllcnts to the fjnallciai stat￿llents in a futs]re wi￿1. Ioeome Ail income is ttcognised in the Stateitient of Finattei81 Activities once the charity has entitlement ty the fund%, tt 15 proboble that the incon￿ vlill be weived and th¢ amountcanbe measured telwbly. Fe¢% for ywderlts ar¢ff¢ognise4 in tbe peri(MJ in wbi¢]J the ieachitig tskes plac Expendlture Li&bilitie8 are recogtii5¢d exPEtidit￿ as s￿1 ￿ thrye is a lega] or CODstructive obligation Committ￿ tbe haTitv to that ￿penditUre. it is probable that a tr8usfr* of economic beDefits will be rcwired in sett]ement and the auiovnt of the obligatton w] b¢ Dwsurd reliably. F￿￿J]L￿re is accoulltal for on an acauaLs basis 8JJd b&5 been classified under hedding5 that aggregat all c05t re]atrd to the category. Where ¢osrs caunot be directly attribuled to particular he4dmgs they have teen ￿l(￿atyj ts ￿1Vill#S on a basis coL%istellt with the use of TAnElble fixe41 assels and depredadDD The costs of rangible fixed assets is writtcu offover tbeirus6fjJl eco1￿mic livG8 a5 follows.. Specialist beds~3 yeats straight liti CoIiipiitcr cquipnlwt. 3 y¢ats straighi lin Othtr equipment- 3 yeats straiyht IJDE. Ind]MdU￿ fixed assets costing £l,(KMI ormore are capits11￿1 al￿sL Th¢ chatity c&rri&8 out regular ]m￿lIMent revi¢ws of its fix￿ a￿. Page 15 contrnued... OWNS V co GE THE FI&N ED31 CH 2024 AccoirrmNC POLlCIFS- contJDued T￿110￿ The Charity is ¢oJJsider¢d to pas8 the tests s¢t ou¢ in Pardgr8ph I Sch￿￿1¢ 6 Fitiall￿ Act 2010 and thexefore it mects the definition of a chJJitsble collwy for Ll( Co￿>￿tio[L Tax pulp0￿8. Accordingly the Charity is potentially exempt from taxation ill respxt of income or Capi￿ gains Rceived ￿rythin cat¢gorio8 ci)vered by c￿•r 3 Part I I CO￿or*i0n AGt 2010 or Se£tion 256 of th¢ T8xa¢ion of Chargeable Gall￿ Act 1991 to thB extent that such income or ggins are Bppiied exclusively to cjwitsblepttrposes. Futhd &£couDthig un￿tricted call be wed in witbthe chBritsble objcctive5 ￿ the discrctioll of the trustees. Rcstricted fi]ll(L% calh only IK used for particular rcstsietrd PWH￿s vrithiD the Obj￿ of tke charity. R&8trictions arix wlwn Specifi￿ bythe donoror?A￿ fimds are rnised forparti¢ularrestrictedpwpose8. Further explanation of tbenalweoodpU￿ of eath fimd is Included inthe note8 to the fuwi¢ial statemoJt& B98tc flnanelal Instrum¢nts The charity has only fi)wKial assets 8TKI financi￿ liabilities of a kind t￿￿t qua]ify as basi¢ ffn8n¢i&l in5ttuments. Basic fin￿￿la1 Inst￿￿eLts are illitialty recogDisal at trall￿10￿ the and are SubSequ￿￿Y rn¢a8ured at their settl¢mcnt value with the exce￿10n of bank 108tss which ￿e￿5[￿ed at allM)tti5Ed cost using tbe etyective D0Tr4AYIONS AND LKGACIES 2024 2023 30,143 5,261 2024 2023 Aclivity Education Edurdtiot] E(h￿allO￿al grants Ckn fututs 1,361,466 1,353,246 2,993 1,361,466 1.356,239 GlWts￿elVed, inoluded ill the ai)ove, as follows: 2024 2023 Edu¢ation atsd Skills Fimding Agency Brightou 4ndHoYe City Council East Sussex West Swsex RTishtffl and Hove Additional Funding 447,009 675,104 120,518 35.502 83,333 386,150 662.026 69.568 35.502 200,000 l J61,466 1,353,246 Page 16 E SKtLL O THE FINAP*CIAL sfATE 31 TrIARCH 2024 FOR T OTHER INCOME 2024 21)23 Work exrtrience inco]ne Capitsl grants 589 27,942 1,146 44,191 28,531 45,337 SuppDrt c￿ts (see note 7) Costs (see nots 6) Tots Educotiott 1.152,350 7,580 1,159,930 2024 2023 Staff costs 1.027,699 57,966 12.858 43,114 10,713 930,572 56,337 16.488 38543 4,152 Otherethcational co8ts Office and admin costs 1,152,350 I,trf6,092 SUPPORT C(KSTS costs Ethcation 7,580 sUpI￿ costs. included in th¢ aLx)Y4 are ￿ follows.. 2024 2023 adiviti£ A￿J1t11￿dq￿ndrn1 exumtnation 7.580 6,375 Page 17 conlinud.. NOTES TO THE FI￿ATrI MARCH 2024 Trlrr IfiCOMEI(EXPENDITURE) Net incornol(expuJditswe) is stat&1 afterc]wBinpJ(¢Tediting): 2024 2023 Deprect&tion- owned 85SCts 10,713 4,152 AuD￿oR8, BEMuTr￿RATI0N The Auditors, remuneration foT 2024 was £7.800 (2023: £6,6(K)). io. There were trustees, Temuomlion or other b¢nefits for the year 31 Marcl) 2024 nor for the yw ended 31 March 2023. Trn8teeg' exp¢nse4 T]we w¢r¢ no tsiths, expows ￿ld for the ye8retthd 31 March 2024 nor forthe year endoj 31 hlarch2023. ii. Th6¢harity does not employ w staff. èlll staff are seco1￿ed frorn DowDs Vi¢w Sctwl. The totsl stsff eosts r￿b￿ryed to the charity dunns 2024 wag £997.706 (2023.. £921,386). The key TE￿￿g¢I￿£￿t PerWD￿ of the cljarity at¢ the fru¥*i8 wl¥) do rec¢ive fjny remuneration or benefits in kI￿d in their role &8 tn￿tee8. 12. COMPARATIVES FOR THE STATEMENf OFFll¥ANCIAL ACTivfiTES Unrdgticted INCOME AND ETrIDOwME￿￿s FROM tknatioThs and l¢gaci£s 5261 Charltsble aclfvlttes FAlucation lJ56,239 45,337 Total 1,406,837 EXPENDITURE ON Ch8rttgble *¢tis'ities Educati( 1.052,467 r4LT ￿COmE 354,370 Page 18 conlinue4L.. DOWNS LIFE LIIGE ATE 31 MARCH 2024 tID FOR THE YEAR 12. COMPARATIVES FOR THE sfATEMEhY oFF￿{ANCIAL AcrivtTIES. eontinuEd Unrestricted RECONCILIATIOTri OF FiFNDS Total fullds brought forward 406548 760,918 13. TANGIBLE FIXED ASSETS Fixtwes Comput equipm¢Trt fittiD8S Totals COST At l April 2023 Additiojjs 38246 17268 24,154 3.146 62,41K> 20,414 At 31 March 2(Q4 55.514 27,300 82,814 DEPEECJATION At l April 2023 Charge foryear 25,681 7.720 20,689 2,993 46,370 10,7l3 At31 March 2024 33,401 23,682 57,083 NET BOOK VALUE At 31 Matcb2024 211 13 3,618 25,731 At31 Ma￿h 2023 12565 3,465 16,030 14. DEBTORS: AMOUNTS FALLINGDUE wrrHLN 014E YEAR 2024 21Y23 Trade d¢bior8 35,502 285 11,834 4,250 35.787 16.084 Page [9 ¢onlinue(L.. WLI LLEGE LES.10 TH.E.FINAN FOR THE YEAR EfffiED TA CH20 NTS. cojthued 15. CREDTfoRS: AMOiINTS FAtLINC DUE wrrnny OIYE YEAR 2024 2023 Trad¢ creditm OtheT ¢reditOES Accnw]s uttd defexed income 11.357 29 11.894 108.751 50.553 33.786 249,992 131031 334,331 16. Nct rnovement At 3113ll4 At 114ll3 Vnrestrkted fimds General fund Conullunity Garden 7￿,918 236,876 23 J34 997,794 .334 7(￿,918 260210 1.021,128 TOTALFU.YDS 760.918 260,210 1.021.128 Net￿ove￿￿rt iE] fimd8, ia th¢ 8bove 8J¢8s follows: Resour￿ Mov¢m¢llt expcnded Unrestrieted Gen¢ral fimd Comtllunity Garden I J96,806 23J34 (1,159.930) 236,876 23,334 1,420.140 (1,159,930) 2￿,210 TOTAL FLTrIDS 1,420,140 (1,159,930) 2(￿￿210 Comparatlves for movement in Net moyement in fund At 3113ll3 At 114r22 Unrtstrlded fvnd5 GeDernl fjjnd 406,548 354,370 760,918 TOTAL Fuf4DS 406.548 354,370 760.918 Page 20 OMWS V￿w CO￿EGE OTES T R THE THE FINAN TEIIEN13. ¢D￿thi￿ 31MARCH 2 16. MOVEMTNT tN VUNDS. eontlllued CornpaTative nc4 movement in fllll￿ inchjdtd iti the ai¥Trve we &8 follows: Unrestrleted funds General fund 1.406.837 (1,051467) 354,370 TOTAL FUNDS 1,406,837 (1.051467) 354.370 17. RELATED PARTY DISCLOSLTrES All ofthe tr￿￿te&direCtorS we a]so oll theiKord of 8ovmtsof DtssvtLS View SchwL Tr chan'ty pwtha8¢d the following serviceslgmjs frO￿DoW￿Ls View School in the p¢riod: 2024 2023 StatTcosts (tsaebin& adn)iti, and IthTship} 997,706 26,555 921,386 3&683 As at the 31 March 2024 th6 Gharity OW￿ DDvm5 View School £104,051 (2023: £237,510). I8, ULTLTrL4TE CONfROIIING PARTY Ulttmat¢ control lies With the dire£tOfsltrusi 19. The eompaty 15 Iitllitedbyguai2￿ Every m&uber promises, if the clwity is dissolv&l wbile helsh¢ remains a mernbEr or within one year after hpJsh¢ ceases to be a maDb¢r, to pay up to£1 tovths: -p4yment of thosE debts and liabilitie6 of theeharity inwred befoTe he/she￿a￿l to be a mentr. -payment of the ¢c6ts. ¢hfjTges axd expeD5es of windin8 ￿. aad -the adju%ttneDt ofrights of Contributo￿ among thenL￿1ve5. If thE Gharity is dissolv• the assets (if ally) re￿1￿ after provi(ling for ajl its liabilities ￿Ust b¢ appli￿ in one OT more of the fouowitjg ways". .by transfer to on¢ or mor¢ otho Lxwjies e5tabli5hed for ¢x¢lusively L*arit8ble purpos￿ withrL thc san)e as or simiIar to th¢ Objects., .directiy foT the obi￿ts or ci]Aritsble puryxbse8 whith are within or simttarto theobjects. .in 8u¢h other ￿allner consist¢DI with ¢harit8ble Stsbjs &4 the CoMrni￿1OTr approvES in wiiting ill advanc¢. Page21 R TAE ITAR D JI MARCH 2 24 2024 INCOME Af4D Ef41X)WMEf(13 Don8tiony kgacie5 Dottation8 30,143 5261 ChAritable aetlTAd EducationAI Class funds l J61.466 1.353,246 2,993 l J6l.466 1.356239 Other In¢om¢ Work exwi¢nc¢ iucomE Capitsl grants 589 27.942 1,146 44,191 28.531 45,337 TotsI lllcomlllg re50urc 1,420,140 1,406.837 EXPENDrruRE Charltabie aetlvlties Statrjng Prefflises costs Other educaiional ¢08ts Office ard adlnill Deprecialion fixtur&8 & fitrings Depreciation COJDPUter equiprnejjt 1,027.699 57.966 12.858 43,114 7,720 2,993 930,572 56,337 16,488 38,543 768 3,384 1.152,350 1,046,092 Support eo$ts GovernAn¢¢ costs AudiUtudEpend¢lli Exami￿￿0￿ 7,580 6,375 Total r¢sourccs expelldeMJ 1,159,930 1,052,467 IYe¢ income 260,210 354,370 This pa8e