REGISTERED COMPANY NUMBER: 11073037 (England and Wales) REGISTERED CHARITY YI U.MBER: 1185149 OF THE TRUST HE YEAR ENDE 202 VIEW Ch￿l0¢ House Limit Chart¢r&l AccourrtarEts and Statutory Aw]itor 44 GTand Paraje Brighton BN2 9QA vi LIFE KIL NT OF E FINAN YEAR ENDED 11202 P*ge Re￿￿rt ofthe Tr￿Slee Report of the Indtpend¢Trt Auditors 7 to 10 StAtemtht of Fin#nci•l Adivi¢ies alxnte Sbett 12 CAsh Flow Stslement 13 Notes to the Cash Flow St•¢ement 14 Notey to the fmantl81 St*tem¢ots 15 ty 22 WNS VI WLIF OFT ETR YEAR ENDED31 MARCH2 OR The trustees wl]o are also dirKtOT5 of the tharity for the purpc6ts of the Companie5 2006. present their retx)rt with the financial sratrments of the charity for the vear ended 31 March 2025. Th¢ tsustee5 have ad(Fpted the provisions of Accounttng Rewrting by Charities.. St*+xnent of R¢wmmended Pradice applicable ￿ charities preparing their accounts in accordance wtth the Financi￿ Rewrtin8 Stsndard applicable in :he UK and R¢public of IrEland IFRS 102) {effe¢tive l January 2019). OWECTIVES AND AcrivmES Objectives ind Activfities The objectives of the Charity are to 5upF￿ young thlts with severe learning difficulties by provtding education w)d life skil]s programs. Our etho5. Our ethos 15 to create a ¢limate that fos*r5 connection. in¢tU5iOtL digntty. ￿peCt and va]lle for all members of our college comtnunity. It promote5 the Im[￿)rta￿ of Strong relationships between learner& stsff and parenWcareT5. Weaim.. . To 5UPPOrt learn¢r by f￿￿Sing ¢)0 their individuality and giving them xcess to a b￿&bC¢￿ and rel¢vant eurriculum. - To enable each learner to func¢ion with increayd inderthdenc¢ and confidcnce aThJ &ssist them in realising their maximum potential. - To p￿vide a safe, happy atkd ￿lMUr￿l￿g fflvironment within which to develop workplace skills. - To ¢n¢ourd8e care and consideration for dM)se arDund us. Our cUrr￿ell1￿m. The curriclllum has been devel0t￿ around th¢ overa￿bIng th¢me of Prcparation for AduhlNxKI'. Within this leame will build skills amund employability, indewldem livin& social communicatiThL relatiotships, being part of a o)mmunity and maintatning g￿d health. These them¢5 ajoogside l¢adcrs asp1t•io￿S for the used to devebp the <￿¢& for their Education. Health and plans. This en5ur¢$ that outcomes are ￿le￿ant for this transitionai phase of th¢ir liv¢s. Olf aim is to make every leaner as i[￿epen{le￿t as possible in re1￿lOn to their SFeeifi¢ need Curriculum Frnmework - Numern¢y- including pmblem s)Ivin& money and time skills. ￿J￿tIOn￿ nurneracy. - Literacy IT skEIIs - Inder*ndence skills- self-eare. cotskin& ¢lvdlltn& tranS￿)rt￿41￿1n& - PSHCE- health and well-bein8, keeping Safe. . ComTnuni¢atton (expressive, receptive and Soci￿ interaaion) - Employability skills and work platt l¢arniThg- job owhin& experi¢nce aud voliintttrin& - Creative ans - Leisure, reertdtion and srM)rt - Spiritual. moraj and culturdl studies. LL MB REP FOR RT REN ED31 MAR H202 Acereditstlon. - Etjty level award in P¢T50nal prn8ress (El) Entry level award irt employabiltty 5kil]s IEII - Enty level ¢ertificat¢ in using cmployability skills IEI) - Enty level certifi¢ate in itmlependent living skills- l(rf)king afteryourself and vour h¢)me (El)- - Enty level award in skills for employment training and PaWDal develownent (E3) Additionally, throughou¢ ourcour4 l¢arneTh ¢4n obtsin: - Discover Art Awards . Explore Art AwaTh OurTrvork experieote. LeameT5 have the opkx)rtimity for meaningful and approwi* work Lxtwiences and college bas￿ work placements. The pla¢¢ments are tailored kn th¢ leam¢trs intu¢sts and asptrations. Over the last year they have ¥cessed wo ¢xperien¢es at: Onsite: - Gard¢ning QTMI plaiit sales in our Conllnunity Garden - Shreddtng enterprise - Jobs aroutkd the college inGluding kiichth skil]s and recycling - Waitress / waiter- The Learners Café - Kitchen Porter- Cat)teen - Being an arti51-working with an artist & The OFth HoLLse Off she - kope Charity shop . The Junk F￿d Projea- Café and canteen . Ponslade Train Station- Gardening - Hove Train Ststion- Art exhibition . Gardening (Peace Gardens and OurJAdy of LAM]rdes) - Nando's - Speak Out. Advoca¢y gro Worknhops a4d work-related tvents - Pl￿ ¢xptess - Job Fwr- Various IIKatio - Disrover ABILITY day- Cricket Hovewds - Inter wlleg¢ sw)rts ￿vents - In¢lu5iV¢ theatre- Face front . Speak Out. Advoca¢y 8fOUP Publlt benefit The trustees confirm that they hav¢ due rewd to the Chartty C(bmmission's guidance on public benefjt. The main activities undertaken ￿ further the ¢harity's PLEfpos¢6 forthe public iwfii are set oui tn this rerK*rt. VIEW LIF LE RT FTHETR OR THE YEARENDEDJI M RCH 2025 ACHIEVEMEfffs AND PERFORMANCE Chgritable activiti Downs View Life Ski115 Colleg¢ prt)vides hr8h quality edU￿]Dn to le4rne15 wÉth sever¢ learning diffi¢uliie5. The c4)Ilege was insp¢cted by Ofsied gn 9 to 11 May 2021 under the FE frameworL Tr ￿lleg¢ h&$ been wded Requires Impmem¢nL At the time this was challeng¢d with Ofstcd the LX)mplaints Symem as we did Th)t fttl that the report showed an understmding of our l¢arners. The th￿Ienge resulted in sk8nificaTht ¢han8es to the report but the tsverail judw¢ni has ot been changd. W¢ receiv￿ a monitoring visit in June 2024. the outcome of this was that the coll¢ge had made significatkt progre55 in all idetrtified ar￿. We are now watting fora full inswion. As a developing colle8¢ we welcome f¢edb¥k from external professionats. The report from ofsted highlighted many of the strength5 of the college and rts curriculum. It said that leamtrs Yttl safe and well cared forf, increase their confidence, resilience and Ca￿]￿ lo comm￿l¢ate.. %viden their view of the World and promotr physical attivty, socia] intewlion and ¢re¥tivity' and ' benefit from a wide range of oprA)rtuntties to develop their sknlls outside the college., The ¢olle8e is described as. a ￿]rn atml w¢lcoming learning cnVironme￿ that enables learning to take plxe, where Te*hers and LSAS confidently provide the speciajisi support leam¢r5 requi￿, and twh an appropria￿. useful and pro8r¢ssive currÉculum that suptorts learner5 to xhieve ￿ th¢ best of their w)tential.' The development areas have been ￿ldIe￿ through the C(Jllege Development plan. Th¢ wll¢ge coniinues to b¢ supponed in its developm¢nt through the StrDn8 links wtth View Senool. There is a shared ethos between all sites. The college Co￿l￿U¢S to work Closely with BrightThL and Hove l(tsl au￿r[ty to mttt th¢ needs olsttjdents with sev¢re legrning disabilities locajly. Students numbe￿ in the college remain consistent with 32 ￿11 time learn¢r5. Post ¢ovid we have wot*ed hard to re-establish a full range of Work experience OPWthities. Cornmuntty linLK are a key focus of the college. Learners have ¢xten5ive OPkW)rtunities to a￿¢s5 the I¢￿ community and utilis¢ facilities within in. Work experienee opportunitie5 extemal and tnternal 8r¢ continually devel¢)ping and tailored to the needs and interests of the l¢amers. Lif¢ Skills pnwams ensu￿ that l¢arn¢rs have the skills needed ￿ k)ok aftu themselves and keep themselv¢s safe. Leamers have opportunities to ￿e¢s$ a wide variety of leisure activiiies in¢luding an arts w¢ck where leamers were able 10 sell their art work. Learners run a weekly café for their felkm Sftmlents. They aT¢ a]50 Pgrt of a weekty learner touncil which enables them to play aD active part in the rutming of the college. A community garden has been established. this provides work experience Op￿)rtUnItIeS for l¢wtkn. lit)ks with th¢ community and enh8Th￿S wellb¢in8 for a]1 who access it. Th¢ sile conlinues to Ee developed to cnsU￿ that it thlly meets the needs of all the leamrts. We WOTk in liaison with Brighton and Hove l(ul auilMTrrity. Safeguarding pr(￿d￿r¢S are ro￿ there is a DSL and DDSL OD site. All are aware of the prtvdures around 5afeguardin8 adults. statT are trained a[￿￿allY and training is tstlored to needi of students and atrwt national issues. All staff have received training around the PREVEKf Str￿egY. All staff have recetved PROAcf-scip tratning which supw>rts learnets with challenging b¢haviour. W¢ have a posttive behaviour suprK)rt practitioTrerto ¢nsure that we have a high level of suptA)rt of al. leamers and staff. FINANCIAL REVIEW Financlal position The rcsults for the year are shown in the Statement of Financi￿ Activities, Baldllce Sheet and accompanying notes. This is the seventh y¢ar thai th¢ Charity has been Én full operntion and spend has beep appropriate for the nwnbeJ3 of learners. The marn expenditure has been on 5taffrn8. The lease for the buildin8 has been agreed with Bri8hton & Hove Iwal auihority. W¢ have a clear plan for the wllege development *]d p￿rni5¢S inKe5tmeni that is managed by the college development manager. Ew FOR THE AR NDKD31 MARCH2112 FINANCIAL REVIEW Investment policy and objedives The college continues kn invest in the oJrriculum as a main f(w. Specialist equipment ha% a]so purchased to supp)rt learners. Thtte h&$ also been inv¢sthJcnt Én resources to suprM)rt employability skills. The premise5 development plan infomi ongoing spend. Reserves potiL7 Th¢ trus*e5 ar¢ holdithg reserye5 for any future paymmts to credi￿$ Res¢ryes are atso held for further site development. Reserves are held for any Property requirements if the If4se forthe existiDg stte was wathdrawn. FirruRE PLANS Learner nurnbers at Downs View Life Skills u)Ileg¢ will r¢main stable and we will continue to work ¢losely with Brighton and Hove L(￿1 AutI￿lty to ensjre wc me¢tthe ne¢4]s of lo¢aJ residents. The College development plan kn the developmeni arw frorn the Ofsted inspectio The facilities on site will be irnproved thmy8h the deVe￿￿￿ent of d&ssrcK)rn al￿ to ensure they meet learners needs and ensure capacity when the trmpcyary ¢la5srrM)ms are remov￿1. W¢ will ¢ontanye to develop the Outside learning area8 which will in¢lud¢ the Lvmrnunity 83rden as well as the space created with the plaTuKd removat of the otLSite hO￿Se. STRLCTURE. COVERNANCE AND MANAGEME￿￿ Governing document Downs View LÈfe Skills College was itwy0￿ as a Company Limited by Guarantee on 20 NovemFtr 2017 &8 Downs View Life Skills College Limitrd. The name was dwJg&l on 17 Juty 2018. li received chaTitsbl¢ status on 3 Septmber 2019. Ifs governing ￿UMent js Éts Munorandum and Articl¢s of Ass(Ki•ion d￿ed 20 November 2017 as amended by special resolution on 20 Jun¢ 2018 and 29 August 2019. Re£rnitrnent *Dd sp￿￿￿t￿t￿t of new trwtets The trustee5 ¢harity Irustees have eonttDI of the charity and its pmputy and funds. Th¢ 5ubs¢riber5 to the Memoratjdum (being th¢ first m¢mbersl arc the fjrst tnw. New ￿Slee5 are cte8ie Report or in prwin8 the Re￿ of the Tn&ee& ReS￿nsibilitieS of tr￿trts As explained more fvlly in the StatemeTtt of TnLStee5' R¢sFrf)nsibilities, the trustecs (who are a150 the directors of the charttsble eoTnp2ny for th¢ pur]x)s¢s of wmpany law) are restx)rtsibl¢ for thL preparntion of the fthanciaj statements and for b¢ing satisfied that they give a true and fair view. and for such internaj cthntrol as the trustees dderniine is necessary lo enable the preparntion of finan¢ÈaJ sthtements are frce from Ma￿la1 Mis$￿t￿enL whether due to frnud or¢tYor. Its preparing the financial statement& the trustees are ￿$[M)nSIble for ￿SIng the ehartrable company's ability to continue as a going concern. disclosing. as applicable. matter5 relat¢d to going eoncern and using the going ￿nCern basis of accounting unless the trus*es either intend to liquidate the rhari4ble company or to ceas¢ operntions, or have TLO realrstic ￿t￿natiVe but lo do so. Page 8 EP DOW TOF EIND PE S VIEW LIFE KtL ThE MEMBE1￿ OF STERED NI 'LT.MBEIL. 1107303 LL Our rwnsibilities ffyr the I￿111 of the fiD8nci•I st*tetnents Our objectives are to obthin reasortable assurance alyout whether the financtal Sth*ments &8 a whole are fire from material mi5s1atemenL whrfher due ￿ frdud or error, 2nd to issue a Report ol the Independent Auditors that includes our ¢)pinion. Reasonable ￿￿rance is a high level of ￿￿Tan￿ but is ￿t a guarantee that an audit conducted in acCo￿anCe with ISAS (UK) will aJway5 d¢teci a Ma￿adE missthteTnent when it exists. Misststements Can arise fff)rn fraud or ern)r and are eonsid¢red material if, tndividua]ly (Y it) thc a8grega*. they could reasothty be expected to influence the econ¢)mic decisions of users taken on the basis of thes¢ financial sthtemcnts. Th¢ extent to which ourprcthluffs are ¢*le of da¢￿]ng irye8ulartti4 including fraud is detailed below.. B&8ed on our understanding of the charity and its activities. and through dikussion with the truste¢s and management. w¢ identified the principa] risks of material mi&stat¢mcat tK*th at the financid siatement level and at the assertion l¢vel. We considered these risks in the light of vario￿ factors including the tevel of complrxTty. subjeclivity, uncertainty. pot¢ntial management bia5. fraud tnateria]ity and any other relevant f￿torS. We Considered the extent to which these would have a material impact on the fJnancia] swements and designed ouraudi.. work accordingly. In identtfying and asse5sin8 risks of [nat¢ri￿ misSwe￿ent in respect of trregulaTttie& in¢luding fiwd and non-compliAnee with laws and re8ulatiorLkOW included the following: . We obtained an undetsthndw of the le8al at)d regulaw framework that the dwtty operdtes in. focusing on those laws and regulations that had a material effect on the fJJJancial sta*rnents or that h￿1 a fimdamentsi ¢ff￿1 oll the 0￿raTionS of the charity from our profession￿ and sectorexperience. . We perforni￿ ana￿]Cal procedures to identify any unusual or unexpected rel*ionships that may indicate risks of materiaj misstatement to fraud. and reviewed significant or unusual transactions to identify their underlying supporting ration￿¢ ' We insp¢cied the rnin￿es of meetings of those ch2r8ed with governance. and made direct enquiries of management ond the tK>Hrd of trn5tees ¢oncerning th¢ charity's pjlicies and ry￿¢dures reiatingto: * Identifyin& evaluating, and complying with taw5 and regul&aon5 and whether they were awar¢ of any i￿$ta￿eS (Ff non-compliance., * Dct¢¢ting and re5w)nding to the risks of fiaud whether they have kDowledge of any ￿tual, susFrt¢& or alleged frnud,. * The internal controls establish￿ to mitigate risk8 rela*d to fratyj (Y n(¥￿pIlancC with laws 8ThJ regulatiOll5. In add￿sSIng the risk of fiw]d th￿8￿ management override of controls. wc tclled the appropriateness of journal e#tries and other adjustments. assessed whether th¢ judgetnents made in maknng accounting e5tima*s were indicative of a t￿tt￿ bi&% and tested 5]￿lfican¢ trdfLsaaions that weff unusual orth05eOUtside the tK)mial course of business. We also ' discussed and reviewed the charity'5 busin¢ss model and fotward planning io &%se5S going coiicern Comm￿leated applicable law5 and r¢gulatiot)s througknui the alldii team and remained alert to any tndications of non-compliance throughout the audit. ' reviewed the finaneial statement disclosu￿& and iested these to supwrting &Jcumentstton to assess compliance with applicable laws and regulations. ' Carried out substantive testing on income and eX￿d￿lure ' Re-perfomjed reconciliations of control accounts. and recaleulated item$ such as dq￿latIOn Because of the inhercnt limilations of an audi4 there is a risk that we will not detect a]1 irregul8ritie& including those leadiog to a materia] misststement fftn the financial S￿t￿ents orTh)n-c0rnpli￿ce with regui*ion. This risk incrwcs th¢ more compliance wtth a law or regulation i5 removed from the events ar￿ traDsactions reflected in the finan¢iat staiementy as we will be le$5 likely io be¢ome aware of instanees of nOn￿mpliAnce. The risk js ￿s0 greater regarding irregularities o¢¢urring due ￿ frdud rather than error. 3$ fraud involves intentiond ¢oncea]mcnl forgery. collusion, omission or misrepresentation Page 9 PORT OFTHE INDEPEN DOWNS VIEW LIFE SKILLS MBEILS GISTERED NUMBEIL. 11073 LLE A further description of our r¢5Fonsibilities for th¢ audil ofthe fuwKial staiements is kKat&l on the Financial R¢w)rting Council's website at wWw.fr¢.o￿UkIaudiIo￿es￿n$lblljtsCs. This description f￿?5 pan of our Report of the Independent Audiiots. Use of our report Thi5 rewrt is made solely to the charithble cotnpdnys rnemkn. as a ￿dy. in xcordance with Chapier 3 of Part 16 of the Companies Art 2(M)6. Our audii WO￿ ha5 been underraken 9) that we might stste to the rharttable company'$ members those matt¢rs w¢ are required ￿ state to them in an auditots, rerort and for no other PUryK)se. To the fullest extettt pernitted by law, wt do not accept or ￿ume responsibility to anyon¢ other than the ¢haTitsble compatjy and th¢ haritsble company'5 membeTS as a tr￿)dy, forour audit worl for this rep)TL or for th¢ opinions we have forni¢d. Shona Warthop CA. (Senior Statutory Auditor) for and on behalf of Charrot House Limiied Chart¢reil Accountsnts and Ststhtory Audilor 44 Grand Parade Brighto BN2 9QA D*.. Page 10 DOWNS VIEW LIV LS COLLE F FINAP*CIAL IVITIES NCORPORATIN ME AP*D EXPEN ACCOU 2025 2024 Desi8nats4 Restrictd Totsl fimds Total funds funds Notes INCOME AND ENDOWMEwfs FROM tknnation5 and legacies 979 20,(KKI 26,979 30,143 Ch#ritsble activities EthE¢atiot) lJ47J17 1.347,517 1,361,466 Investment income (hher income 39 31.099 39 31.099 28,331 Tot¥1 lJ85.634 1,405,634 1,420.140 EXPENDrrLFRE ON Charitsble artivitie5 Educfjtion 1273,553 38,052 1,311.605 1,159930 NET INCOMEI(EXPENDrruRE) Transfers betw¢em funds 112.081 (198,864) {38,052) 218.8 20,0(X) 120,O¢XI) 94.029 17 260,210 P4¢t movem¢nt in funth (8(783) 180.812 94,029 260210 RECONCILIATION OF FUNDS Total funds bn)ught fonvard 1.021,128 .021.128 760,918 TOTAL FUNDS CARRIED FORWARD 934.345 180.812 1,115.157 .021,128 The rntes f￿rn part of these financial statements VIEW REDN ER: 1107 E SHEE ARCH 2025 2025 2024 Ikign2ted Re51rided Total fvnds funds funds FIXED A&SETS Tangible assets 14 180.812 180,812 25,731 CURRENf ASSETS DebtOE5 Cash at bank and in hand 15 285 1,098218 285 1,098218 35,787 ,091,641 1.098,503 1,098503 1,127,428 CREDITORS AtJ]ounts falling due within one year 16 (164,158) (164,158) (132,031) NET CURREPtr ASSETS 934,345 934,345 995.397 TOTAL ASSETS LESS CURREwf LIABILITIES 934J45 180.812 1,021,128 NET ASSETS 934J45 180,812 1,115,157 1.021,128 FUNDS UnTestri¢ted fvnds 17 1,115.157 .021,128 TOTAL FUNDS 1.115,157 1.021.128 These financial Slatements have been prepared in ac￿d￿ with the prnvisions appli¢able to dwttabk companies subject io the smatl companies regime. The fin cia Iz Statements w¢re apptt>ved by the BoBrd of Tn]5tees and authorised for issue .. and were signed on tts behalf by: S Hirschler- TTr￿tee The part of the5¢ financial statements Pag¢ 12 WN KIL LL NT NDED 31 MAR FOR THE YEAR H 2025 2025 2024 Cash flows from operating artivitles C&%h g¢nerdt¢d from OW￿10￿$ 199.670 48,920 Net wh provided by owating xtivitie5 199,670 48.920 C#$h flows from investing ¥Lrtivstks Purchase of tangible fjxed as5et5 Interest Yeeeiv 1193.132) 39 (20.414) Net cash used in inv¢sting activities 1 193,093) (20,414) Change IA ¢•sh and c•sh equiw*knts the reporting period CHsh and eash equivalents gt the beginning of the reporting period 6,577 28.506 1.091.641 1,063,135 Cash artd cAsh equlyalents •¢ the end Trf the reporting period 1.098218 1.091,641 The rM)¢es fonn partof these financial st•¢mcnts Pa8e 13 FE RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING AcrivtTIES 2025 2024 Ne¢ income for the reporting peTiod (8s per the StstemeDt of Finana ArtiTrities) Adju$tments for: Deprttiation ¢harges Iniejrst received DeCre￿Ill￿CT&￿eI in debtors Increa￿(de¢￿&s¢} in mlito 94.029 260.210 38.051 139) 35.502 32,127 10,713 (19,703) (202.300) r4et ¢Ash provlded by optr*tio 199.670 48.920 ANALYSIS OF CHANGES IN NET FUNDS At 114f24 Cash flow At 3113125 Net Lysh C45h ai bank and in haThJ 1.091.641 6,577 ,098.218 1.091.641 6577 1.098,218 Total 1.091,641 6J77 1,098,218 The Tr)te5 forni part of th￿¢ fujancial statements Page 14 EG NOTE THE FIN MENTS FOR THE YEAR ENDED 31 MARCH 2025 AccouiYnf4G POLICIES Basis of preparing the st•iemeDts Thesc are fJnancia] s¢atemcnts of the charitsble ¢X>Mpa￿Y. which is t4 public Fgnefrt enttty under FRS102. have been prepared in accordan¢¢ with the Charitie5 SORP (FRS1021 'Accounting and Rew>rtin8 by Chariiies.. Ststement of Recommended P￿￿tc¢ applithle to chariit¢s pr¢paring their accounts with the Financial Reporting Standard applicable in the UK and Republi¢ of Irela1d {FRS102) {¢ff#tive l January 20191,. Financial Rewning Standwd FRS102 The Financial Rep)rt1118 Standard applicable in the UK and Republic of Ir¢land' atkd the Companies Act 21X)6. The financia] statements have been prepared under the his￿1¢&1 c4)st convention. The charity rneets the definition of a public benefit ffltity as defined by FRSIO2. The are pYepa¥ed in sterling. whtch is the f￿lonal ￿rrenCY of the chartty. Monetary assets in these financial sthtements orc rounded to the nearea £. Going Concern At the lime of approving the finan¢ia] statements, the trwstees have d reasonable ¢xpectstion that the charity h&$ adequate r¢50urces to fODtinu¢ in owiontl existence for the foresee4bl¢ fuwre aTMI on that basis the charity is considtrd to be a going cotK¢rn. c￿11¢91 •ceounting j￿dIt￿ents Ind kry sourtes Of￿1￿￿110￿ UDtert*inty In the application of the charity's accounting p¥>lici4 the charity is requir¢d to mak¢ jud8ments. estimates and assumptions abo￿ the ¢arrying value of a$￿ts and ltabilities that are not readily apparent from other sour¢es. The estimates and associa￿￿ wumptions are bas¢d on historical eXF¢rienc¢ and other factors considered to be TelevaThL AcDJal results rnay dÉffer frorn estimat¢s. There are no tstimaies and &ssumNiorLS that are considcred ￿ have a significant risk of causing a matrriai justments to the financial statements ID a fitture Peri￿. Income All income ts r￿0￿]1$￿ in the Staf¢m￿t of Financta] ALaivÈites onc- the charity h&s entiilement to the fi]nds, it is PTobable that the income will be rceeived and the am(wni tan ￿ meaiUTed reliably. Fees for students are re£ogniwl in the periiMI in which the texhtngtskes plarx. Eipenditure Liabilities aft recognised as expendttttre &$ &$ there is a legat or constructive Obli￿lon ¢OTnmitttng th¢ eharity to thai expenditu￿. it 15 probable that a transfer of ￿[m)MI¢ benefits witl be required in settlemtnt attd thc amount of the obligation can be mt&suwl reliably. Expthditurt is a¢¢ount¢d for *] ￿Nal5 basis and has been classifi¢d und¢r headings that asgr¢gate 311 cost rel￿ed to the ¢thgory. Wherc costs cannot be directly attributed to partirular headings they have been allocated to aaiviiies on a b&8i5 COll515tent with the use of resoure¢s. Tgngible fExed *s3ets 8nd deprttiation The costs of taDgible r￿ed asscts is Written off over their useful ￿)nornE¢ lives as follow5: SpeciaJi5t beds- 3 y¢ars straight line. Compuier equipment- 3 year5 srraight line. Other equipment- 3 year5 Strdi8ht line. Property improvements- 4 years straight line. It)dividual fixed a&sets ¢05ting £l.IXJO or more are capitatised at ¢tht. The charity ¢a]Yies Out rcgujar im￿]m)ent reviews of its fixed assets. Page 15 continued... NSV OTE TOTHE FTY OR THE YEARENDED31 M AT CH20 ntin ACCOUPfflNG POLICILS- eOtttiTru•l T*xAtio Th¢ Charity is ￿nSIdered to pass th£ tests s¢t out in Para￿h I Schedule 6 FinaEJce Act 2010 and therefore it meets the definition of 8 Charitable ￿mpanY for UK Coox)ration Tax pUr￿SeS. Aecordingly th¢ Charity is potentially exempt from tsxation in respea of itKome or w)ttal ggins received within Ca¢cgories wvered by Chapter 3 Pan I I Corp)ration Tax Act 2010 or Section 256 of the Taxauon of Chargeable Gains Act 1992. 10 the extent tha¢ such income orga1￿ ar¢ applied exclusively lo charitable putp)ses. Fund accounting u[￿estriCted fi]nd8 ¢an be used in accordance with thc chartt8ble objeaivc5 at the di%retion of the tnjstees. Resiricied fiLtKb Can only be used for Fqrticular rtstriL*d purtA)ses yithin the obje¢ts of th¢ ¢harity. RestrictK)ns aris¢ when specifi¢d by the d(￿Or￿whell fimdq are w¥i5ed for particular restri¢t¢d purw)s¢5. Further explanation of the nature and of each fimd ts Incl￿ In the Dotesto the financial statements. Basie fingnciAI iDStrnments The charity hL% only financia] assets and financia] liabilities of a kino that qualify ￿ b&sic financia] instrument5. Basic financial it)Struments are initsajl). reco￿)ised * tranwtion value and are subsequently m¢&sured ￿ their s¢ttlem¢nt value wtth the ex¢¢ption of baDk loan5 which ￿ me&sur&l at amortised mst using the effective interest rnethod. DONATIONS AND LEGACIES 2025 2024 Donations 26.979 30,143 INVEsfMENf INCOME 2025 2024 Dep)sit account interest 39 INCOME FROM CHARITABLE A￿1VrriES 2025 2024 Edu¢ationaJ gronts 1.347,517 1,361.466 Grants received, included ID the aiwe. are a5 foiiows.. 2025 2024 Education and Skills F￿￿]ng Agency Brighton and Hove City CoLllKiI East Sussex West Sussex Brighton and Hove Addt1ion￿ Funding 433.954 743,333 135,056 35.174 447,009 675,11 120,518 35.502 83,333 lJ47.517 lJ61.466 Page16 continued... VIEW TOT IAL FOR THE YEAR ENDED31 MAR TEI¥I H202 OTHER INCOME 2025 2024 Work experience income Capital grdnts 67 31.032 589 27,942 31,099 28.531 CHARITABLE AcriviTI￿ cosr6 SupF costs (see T￿te 8} Costs (see notr 7) Totals Education 7.3C 1.311,605 DIREcf COSTS OF CHARITABLE ACTIVTfiL8 2025 2024 Sthff costs Pr¢mise$ r05ts Othcr edu¢aiional ￿sts Office and admÉti costs DepTeciation 1.144,(MM s9.￿1 13,Y27 48.421 38,052 1.027,699 57,966 12,858 43,114 10,713 I J04,305 1,152.350 SUPPORT COS13 sts Education 7.300 Supwrt i￿l￿d￿ in the al￿. aTE &s follows.. 2025 2024 Totsl activitit5 EducatK)n AudiVlndeFndent examiD*ion 7,300 7,580 Page 17 continued... W LIFE KIL THE FINAN ATEI¥IEpifs- contiDued FOR THE Y R ENDED 31 MARCH 202 NET INCOMElffXPENDITURE) Net incomellexp¢nditure) is stated aft¢r¢hawgingl(crediting): 2025 2024 Depreciation. owned asscts 38.051 10,713 AUDtfORS' REMUNERATION The Auditor5, remutKration for 2025 was £7JOO (2024: £6.6(KII TRUSTEES, REMUNERATION AND BENEFrrs There were no tnwees, remunerdtion or other benefjts for the year ended 31 March 2025 nor for the year ¢nded 31 March 2024. Tnutees, expenses There rm) In￿¢¢$, expenses paid forthe year ￿A¢d 31 Marth 20.5 nor forihe Y￿ ended 31 Ma￿h 2024. STAFF COS15 12. The clwity does not empkny any 5tsff. All staff e seconded from tk>ww View Sclv)l. The ￿tal stsff cosrs rech8rgd to the ehaTity during 2025 wls £1.107,755 {2024: £997.706). The key maT￿¢ment petsonnel of the dwity are the trustees not ￿e1ve any remunerdtion or benefits in kitml in their role as ￿￿tr¢S. 13. COMPARATIVES FOR THE sfATEMEwf OF FIYJ ANCIAL AcrivrfiES tk5tgnated Restricted fund Totsl funds funds INCOME AND ENDOWMEIYTS FROM DonatÈ¢)ns and le8￿1¢5 30.143 30.143 ChHrit4ble activitles Edut*ion lJ61,466 .361,466 Other in¢otne 28.531 28,531 Tot•1 1,420.140 1,420,140 EXPENDITURE or4 Ch2ritoble A¢tlvitit8 Education 1,159.930 1,159.930 NET INCOME 260210 260,210 Page 18 coniinued... DO VIEW IJ ES TOTHE AN IA FOR THE YEAR ENDED31 , ATEM RCH 202 11 COMPARATIVES FOR THE ￿AT￿mE1￿ OF FINANCIAL ACTIVITIES- eontinued Designated assct funds R¢stri¢ted fimd Total funds RECONCILIATION OF FUNDS TIX￿ funds brought forward 760.918 760,918 TOTAL FUNDS CARRIED FORWARD 1.021.128 1.021.128 TANGIBLE FIXED ASSETS Jrnprovements FixbJre5 Computer equipmem fittings Totals COST At l April 2024 Additions 55,514 96.762 27,3C 6.236 82,814 193.132 .134 At 31 Mar¢h 2025 .134 . 52276 33J36 275,946 DEPRECIATION At l April 2024 Chw for y￿r 33.401 25.262 23.682 57,083 38.051 10,823 At 31 Ma￿h 2025 10.823 58,663 25.fA8 95,134 NET BOOK VALUE At 31 March 2025 79,311 93.613 7.888 180,812 Ai 31 March 2024 22.113 3,618 25.731 DEwfoRS: AMOUNTS FALLING Db'E wrrHIN of4E YEAR 2025 2024 Trade debtors P￿payrnents and a￿U¢d In￿Me 35,502 285 285 285 35,787 Pa8e 19 continu¢d... WNS VIEW NOTES TO TH INAP*' FOR THE YEAR E DE ATEM 31 IMAR H 2025 -