2024-12-31-accounts

REGISTERED CHIBJTY NUMBER: 1185690 Re￿rt￿lthtTrnsLth ind Unaidlttd Fln4n¢iai Statsm¢thts IoTtknYetr Endtd 31 D¢¢ember 2024 for Work￿1 Edutstlo Peter L'pton Br1db￿ House 2 Bridge Avcn Maidenhead Bukshire SL61RR

Workln&Optlon$ In Edu￿￿0￿ Cont¢Ats of the Flnandxi Stxtcments rthe Ythr Ended 31 Dece Report of thtTru$tee5 IndtpeDdtDt Eiamlnerfs Rep(Kt St*temellt of Fmivlal Art1￿&￿8 BoI•Dce Sheet IYoteS to the Flnantial Statsmtrtts 8 to 11 iiled Stst£mtthtof FwDtiAI Aelivilies

'ons ith Edv4xtlon Rcport of the I'ru$tee5 r thc Year 31 Dcctmbtr2O24 The nstees who are al￿ dijwxorg ofthe charity for the putwscs of the Conipsnies Act 2(￿, pres¢ni their rwrt with the fin￿¢]￿1 51aicmcnts of the charity for the year ended 31 D￿eM￿r 2024. Tho tnjskts h&ve adopted thc p￿visiOnS of AccountirL8 artd Rworting by Cbtirities.. Sratm)ent of R￿0￿M¢ndCd Practice a[pli￿b]C lo charitie5 preparing th¢ir ￿Coun(S in ￿t0￿d￿n¢t with the FinJncial Rewrting Stsnd3rd applicdble in the UKand RepthliL4)f Ir¢Jand IFRS 1021 leffcctive l January 20191. OWECTIVES AND ACTIVITIES Working in EdM￿lon (Worknng Oplionsl exi815 becausc youllg ￿PIe need supwrt to the skills. and acc¢s$ to ihc oN￿rtunitieS that they need to create positiv¢ futures for th¢rn5elv￿ (Atr prornmes #npowcr individuaL8 agal 14 ty 19 in England and Wal 10 iderttify and nurttut their capabilities. tyoviding inforniaiioTr and in¥iration at¥>ut what's ￿￿ble for their ¢rttrx all frtt at th¢￿71ntof LLSe. This y¢ar with our national nework of cOM￿nieS aThl busin¢8s volwJieer5 wc rcachoj 73.0(M) youn8 ifvpfflson and 12 milliort through digital ¢onient. (h]r wojlc i8 kntalty inclu51v¢ ro Stsie school stu(knts. While taIenl is diributsJ 4ually across ￿lety. Op￿rtunitieS are not. So. we p￿actIV¢]Y iargei ¥olleges prI￿llege￿ arets of thc wuntry where young ￿)ple most our work Mor¢ th8n I million young Fwple th the UK are noi in educatio￿ eMpk)Ym￿L or trdining right ]M)w. This is not ￿CauS¢ th¢y lack potential. bui becaus¢ thwj don't hay¢ the right 0pp)rt¥nitl￿ a￿1 the tonfidcnce lo pursLLe then). Th¢s inequity new41ively affrfts young Fwple's future5, thc a¢ccssible ts]enl ￿01 forbusinesse& and overall long-tertn UK PToduLlivity. Wc Jd value to young people's schLK)I learning by off#irt8 awuNe up.tO-date insights d1￿CtlY from the world of work. We swn volunteets tu share their careet stories which klp young people se¢ that 'if they lyn do it. I (k) li ￿,. We fflwurage young wple to hold of dicir career by ￿￿11]fying Iheir chosen career path and iKlicvin8 itt then￿1Ve$ to wm their tKlt¢ntial IMO p￿rfor[[￿lc¢. Work￿8 with ￿￿thall s￿ volun￿r5 across Ellglartd and WB)¢4 ourffeeservices furyourtg popl¢ include.. l. lttdwtry kn￿ght ItS$LIMl$ - volunteus from a rang¢ of itthLStries tell Ihetr stories share crntid insights aLK)ut their S￿￿)r, business. and careeriuumey . 2. Dlgltsl eontrnt - short-fomi videns on TikTok which give viewers an insight In￿ a partieul8T career or emploYa￿lity topic. aNI longer-liNm conkrtl ort YouTube wbiih pTrvidcs adewdive into a subJc¢i or optx)rtunity. 3. Skills workAh0￿ acmk$ six different ar￿ of work . ieamwrf wmm￿l¢afiot￿ ￿terV1¢WI PTDblem-solvin& Jjetworking and ¢reaijvity. All are aur•JI￿j by th¢ Ski115 Bui]derfrttmework. 4. T•8teT DI)￿- hosted by businesses 3ndyiving first-hllT￿ ¢xp¢rienceof work ¢nvironments and tiws¢ working in th¢m. 5. Induslon n¢tt¥ork events - Wd in indu5ty Settings and connectingyoung pLy)pIedi￿IIy with fvtUr¢eMploy￿. 6. Emp]o)Thent (WtsTtunltlu . we wnDe¢t yixmg p￿p1¢ with tsnployers who offer work experi¢D¢e placaTrffl15 3Th1 paid int¢rnshJps. 7. MeDknrlng - new for 2024, we &wefulty trnin mwL* young peoplc with mentors have eX￿ienCe of the lljdw or role thty aTe tiJi#thl in. SUF￿￿1￿8 them actoss thement￿ing journey PaEe I

OTklnL OptioN5 in Educ•don rt ofthe Trn8ttts for th¢ Year Ended 311)¢¢ember 21J24 FJNANLJAL RF.VIEW FlnaTh¢lalposltlo We ended 2024 with agty uf £86.669 benveen u]COTne exp￿Ilure. ￿VrIng ft¥0 big contracts al Cr￿ of 2023 wuired u5 to our deliv•y Itdm and s¢t ourselv&% up foT deliv¢ring again$1 anibilious f2rget& We w¢r¢ highly Succ￿[￿1 in rhi& but unIortU￿telY a wuple of uLeX[￿£￿a fut￿1ng rcJLXtiO￿ during thc year m¢anl Ihat we werenl able to ]natch eXp￿xIl￿re by De£onbcT. W¢ 4r¢ d¢li8hi¢d rhut our income pipeline is VLYY ¢rKouraginB for 2025, havitig work¢d h&xl to littt UP QPWftunTtigs towardsthe end of 2024. We v¢ry grateful kn Google.org for their donaiiort of £174,nOO in 2024 which sUPPOrtd io Si8nificanily grow our work in Eng)8￿1 and digithlly. and to the m￿ndan¢¢ Fouwjation fl￿ th¢ £90.1￿)0 th¢y granlwj for work in Wales for th¢ y￿. Google's CUTreni ￿mmit￿¢¥it to supwtingour work rw￿ io January 2026. the M(KTrndance Foundation until January 2029. In 2024 PAI Partners kI￿]Y us £25.500 to SUPFOrt OUT work and entryr¢n¢ur Timothy ArniTr) gaye us a g¢n¢rou8 donation of £30.(X)O. GP Bullhound Cottliiiue lo be a firn) and critical 5Utv(thr of WorkllJ2 ￿]0￿5, Ia15ing £]9.￿￿) thtin8 the yw 10 de]iver our wo Ih•r football toutnarneTht and Inve5tOT AIIstsrs Awards ¢v¢ning. We th continued our FthncT5hip wilh the Cjoyal Foundath)n this yw, rL)geilkr tv8ching almost 50.0(M) youn8 ￿pIe with their nal d¢v¢lopmeni and mEntsJ h¢a]th se$sM)￿ Th¢y funded us£24.(K)O forthis ￿Jp￿rL Ai the end of 2024 our team made up of 10 p¢rn18neni rTrrmbcrs of thff. including an entirely new Programme TEgrn ol three based in Walts. Progrmme R¢vlew 2024 a busy ycar for our icam. The tOi1 number of young wple we bWllX)rted xro&s thc y¢ar w&% 73277 In-p￿y1m. and 2.2 millio]] diwtajly. Bellefirtary breakdow In EnglaTrd. our volunl¢Ns d¢liveral 252 in-school c4reets ￿S1OnS wiy¢h reach¢d 18.342 yow]g rwple, atsj we wed 4 further 335 young EKY)ple with our Day& networking ¢v¢nts. mentorin8. and inte￿￿h]p$. We also aTfdngol 69 Personal Devel￿m¢￿t and ML Ilvalih 5e55ions on t¢half of our delivLry partners I]Jrter Spark and Mind of the Swdcrtl. whi¢h 108ether Teacha addit￿1￿￿ 48,999 St￿ntS. Thatths lo a significant grant fioTll the Mwndance Foun&tion x¢urtJ al Ihg end of 2023. we were also able ts) etnphy thrix mlant of siaff ID Wule5 to establish our Walts AL￿tI￿ra￿T. (hw fJt51 5QSSlQnS wuc delivered in April 2024 and by the of the yfdr our ew wlunteerBhJ delivered 97 foY5,6DI young pwle ￿ro&S 29 W¢lsh ￿0ndary stat¢ 5¢1MX) W¢ art incr￿lIblY pro￿ ()f the achievemLmts of our team a￿d volunteer& and we aTe excit￿ tt) repli￿le the model of Wa1¢5 A£celernlorto inleThsify ourswtx)rt indiff¢Mt region5 of Eng18nd in 2025. In 2024 w¢ incrtra5e in th¢ number of SEND 5¢hwJs and Altr¢rnaive Provision tMtr¢s rtque5ting and rebwking our ￿l0￿. Our IknBramme Team crea1￿ suprortive resour¢tt for volunteers WIN) arc delivering StsSk)ns in th¢s¢ gettings. ¢nihusiasti¢ and wsilive from ￿herS.. "I wantd to exi¢Jxl a heartfelt thatjk you for the recent S¢55ii>n. li was a 8Jrttt su¢ces%. The was ￿fectlY pit¢lKxi 10 ￿CoUrage our leamers to int¢ract and ￿￿trbUt¢ m¢anin8fully, and they T¢ally rose to th¢ ￿¢as￿￿T It was k)vely to se¢ Ihe leart collth)rdtin& dis¢wllw their ideas With enrhusiasm. and or¢nly sh&ring their thoughts with the group. tThe vulurneerfsl friendly ar an)ro2ch8bl¢ manntt ¢te&ted an environm¢nl where the stUdL￿15 felt comforfable and fully engag￿ wilh the aetiTriii¢& Her apptDach mle a sI8ttif￿aThl irnpg¢4 and it Show￿ in th¢ karnws, ￿1]VepartICl￿lloTh., T￿[h￿￿. SEND s¢ht)ol in Wal¢s Our di8ital reach in 2024 w￿1 from strength ro recetving 8.9 million vicws- by 2.2 million young rwile appmximat¢fy with 15% of thos¢ young pwplc engaging IhTOU8h like& wmnients, ￿l￿arkS and profile view& We have pÈrtner¥l w¢ih sevml nivwtsiiies across the wunty ￿ employ paid ￿￿gr￿jua¢e interns w create much ot'UUT content. In apPr￿h Ihai is well.￿e1V by young pwlL In 2U25 we plan lo Mkc thi8 further by wmbinthg i)ur p￿Tts￿ ￿mI￿lty kJ￿wIed8t with undu8rJuaie cont￿t deliv¢ry. W¢ ha¥¢ a]ways l*ert proud of the qua]ity of SUFVDrt wc provide hr everyon¢ involvd in our work This y¢ar we have Colllinued to cave prnis¢ from all stakeholder gr(￿￿￿ fur the hord work and d¢diution of OUT t￿m. lo￿kn of a8ain r¢portcd thai they would wtnm¢nd worf(tiJg with us. 'W'orking Ilxions offers us a fantastic Selection ¥f empjoyability Maste￿1¥$$¢S. workshops and in4)irntional speaker4 with grvdl links 10 indus￿ which ha¥p￿VIl￿d meaning￿1 intLva¢ttorkq fvrour.%tthts" Teacher, 2024. .1 would like to thank Worknng ￿lon5 for the cO#￿ant hard work and the n¢Y(¥ Cndthg tries to occixnnKKlatc sdJtx)l% as well as lls speak&Y' Volunt¢¢r.2024. Page2

Workill O tions in Edur¥tlon rt of the Truite¢5 for the Ye4r Ended 31 De¢embeT 2024 We ¢vrttinue to ¢nioy very strun¥ buprort from G￿Sle.0rg in 2024 their wni ¢nabled OUT ¢xpanslOrt in England. and the ation promotion of digital cont¢nt. Th¢ partnrtship with &Kigle.orB alw ￿abled us to a kcy part of thtir Al Hub in canid¢￿ and i0￿her wi¢h Carndert Learning w¢ launched È menknnng programm¢ for slu(knts in Cam(kn. We 1rdirt￿ ar￿ ¢ar¢hJlly mxtched young wpl¢ with stall. frotn Gwgl4 D¢¢pMityJ and Other Google p3ttheT& at¥J we 8Te nminitoring aJKI 8wJN)rting their menloringr¢lationsb4)s Ihrwghoui thcdur8tion of their Al Hub oxpcri¢nc¢. In 2024 we a150 Lvmpletyj our work with ¢xlemal LX)nsultants ImpxtEd on our Theory of Chang¢. This has hejpui us to anicula¢¢ th¢ 4Jifferente we airn lo have on OUT main stak¢holdus. For yow]8 Fe)plq th¢ int¢nnw]iaie oute¢dn¢5 we are W￿rkI￿¥ lowHrth are an incresse in.. - Awar¢nns - Re5ili¢T - Senfe of &8UICy - Awarelless tsf care¢rpathwtys in linc with Ikir intuests All Of which lead to an inCT17scd a￿"lity kn 5¢en and gccess ¢areerl job otwrtuniiieg 8TK1 InCre￿tx] ptoduaivity. Ultimately, w¢ are working toward$ young peopl¢ ¢TVating w￿lIEVe futures f(K thernselve5 by devel(ying knowk￿ge. confidenc4 Wxl winning cha￿ter1#i (htr Work alw aims to PTol￿de fchools with onJcmand ac£%ss lo Careers infwn>ativt4 inspiraiiort KJ Op￿)rtunitI￿} for studenL impmving their car¢ers pnvisivn. Fur ¢mployer& we aim to ujftucnce them t() nLw apptoaL'hes' To ideTJtifyins and 50urthn¥ tal¢nt by impn)ving the1runde￿tandin8tsf the wlential of yvuhg peopl¢ fn)iJJ undgr rwurced backgrour￿$. Theory i)f Change work with 1rnpa￿d al%) included an overhaul of uur ¢valuatiott fi>[[￿0￿ k) inclLvJe su￿eY qllesmms fiDm nationally re¢o8nis&J ttnpact survey At th¢ end of IhE yvar. w¢ c04realal a Crativity W0￿$hOp kngdher ¥wth shat¢gi¢ a¥ency The Upsid¢. This workshup ytkts ￿ our librkry nf ernployability skills Work%￿>￿) 3nd now been ac¢rulit#i by Skills Builder. VoluntL%rn will d¢liv¢r its cOnt£￿t with their own volte usin8 tsirown experi¢n¢es to ￿708 th¢ ¢ont￿l 10 life. We continue 19 deliver OUT work fr¢¢ of charge to yOu￿g ￿pIe atkt seknols. we continue to plaGe inLlusion at Ihe heart of our work. We wlll supp)rtany youngpeN)Th r¢gthl¢&Aof theiraLknrri¢ ability 01 backgrou￿1. Resetves poJi¢>' Th¢ Chatity'5 policy is 10 maintsin our Rese￿ at a kvel which i8 at least quivalem ts) 3 months operdling wApEnse& QLW1etiy operating expthmiiture is ￿tImated at approxirnat¢ly £119.¢>00 at the yvar end. up ￿6.(￿0 yw. Due to our two big projcc our salary o4)sts hafve incr¢￿￿ and unfoffunately in-year we werffl]'t ablc ￿ match Ihis increase with income. Our healthy res¢rv¢s 5ition al end 2023 rn￿￿$ that our finanffs werc abl¢ lo withsland ihis irt¢om¢ gap. Our level of reserves luTrrcs¢n¢kd funds) equal¢& Its 2.5 months estimated VPETrting expense￿ The &iard rcviews ￿rv&S amount that is required th¢y are uate to fulfil ourcorttinuing obligaiions. srRucfuRQ COVFRliANCE AND MANAGFMENT Governlw£doryment The charity is controlled by its govi¥ning d)cum¢nL a deed vf tnL%( and ¢onstiiut¢s a limilgj ¢omrAny, limitLyJ by guarantK as der]ll¢￿1 by th¢ CompaDiesA¢t21KA5. Retrulthltttt Ind ¥pointment of tr¥stce5 Trustf￿ ar¢ s¢leLtcd for their wfessiu￿l skilLq aNI experie]Ke ￿TO$s a v8riety of ar￿ to whith th¢y can tOWaTrfs the eff￿1]ve r￿nIng of the charity. New Itustrts must by the and are aFp)inT&i by an ordin8ry resolut￿rt of the Lx)mpany. The ttumtfr of InLSts must not ￿ less thall thrg and there 1$ Th) maximum. Wthtking (4xion5 in EdU￿10n currently 5 Trustees. 0￿￿1￿1[￿nAl 8tructhre A Chief F.xwuti¥e. WFK) is JK>t a trusiee, is ettvloy￿ aJK1 operates Working Orrtion5 in Ed¥caTh)n OTr a day-lu4lay basis. with a senior leadwship team inGludLng 8 Ilead of Programme and Head of mark￿1￿ 8t￿ a delivery TeaD] ail focus on the programmes and pmj¢cis within asr&Yi key ¢harEty theme& The Chief Exwutive rerK>ftS w¢¢kly to the Chatr. Fowkler aNI Preside￿1, with nM)nthly fin8nc¢ meetin&% [D￿thlY ￿d￿t£S for all irnsttes I￿[quarte￿Y fvll Jjoard rneetings. Risk manAgemcrtt The hdv¥ a dury to identify Teview th¢ risks kn which th¢ chwity 1$ cxtx)sed 4NI to appmpriate controls are in plsce to pmvi& reagonabl¢&8sur4nce aga1￿ fraud 3rKI ettor. Page 3

WOrki￿n O tlons kn Edutatlon Rcportof theTrnstees for the Year Ettded JJ D¢t￿nber 2024 REFERENCE AND ADMINISTRATIVE DEI"AILS Relered Compally nutober CE1119114 Ifn8laMI and Wales) Regi5tertd Charity numi 1185696 R¢Wstered office Bridge Flouse 2 Brid¥¥ AvetW¢ maldcnl￿1d B￿kshI SL6 Iiui Trnsites P Monk N D¢sw S Sadiq N Mo￿lS J M Cothpany see￿￿ry Independent EKmlDeT PLtr Upknn Bridge House 2 8rid8eAfft Mwd¢nh Berkshir¢ SL6 IRR Approved by OTdeTof the b)ardof on............................................. 8lldsignryJ on its I￿￿￿1f by.. P MMk- Trus Pag¢4

Inde endellt Ex•mlner'$ Re rt to the Trustees of Worklmfi O tlon5 ID Edkntatlon Independettt exllmln¢r'5 rewirt to the tru¥tees of Worktn% Optlons lu Education ('tht CompAny') I reFrf)tt to thetharity trnst¢ts on iny ¢xaminatiun of rhe accounrs of the CvTnpany f()r the yedr ¢ndc4131 t}￿emb￿ 2024. Res￿￿81b￿Arfe￿ And basls of report A5 the charity's tNstees of the Cornpany (and also its direct(H3 for the purposes of Ix>mpany lawl you ar¢ rwsibl¢ for th¢ Pt¢pararion of thc d¢counts in accordance with the r¢quirontat5 of the Companies Act 2(x)6 ('the 2006 Arfl. Hwing satisfied rnys¢lf that the a¢¢ounts of the ComFany not required to b¢ audited under Part 16 of the 2006 A¢1 and ar¢ elisible for independot cxamination. I rwrt in resp¢cL of my examinatio￿ nf your tharily's atrounls 8$ earried out under Section 145 of the Ciwities Aci 2011 I'ihe 2011 Act). ln catrying out my exfjmination I have followed the Di￿￿]0￿$ gEYen by the Charity CoTnmission undtr SeGtion 145151 Ibl (Trf the 2011 Act. Independent exn￿Der'S $tstenTreht Since your charity's gross inlvme exce41gJ £250,￿)0 your examiner must ￿ a mlmber of a listed ￿y. l Lxn eonfirm that l am qualified io und¢nak¢ the ¢xatThination l am & membLYf the A$51Kl8tiun of Ch8rt¢Ttd Certifid Aeeountants. which is OTh¢ of th¢ list￿1 Imxlies. I have complet&l my examination. I eo]Jfinn mauets have com¢ to my attention in cotm¢ctLOD with the examination wvin8 me cause lo believ¢.. 8ctountin8 r¢cords were ttol kept in resp￿¢ (pf the Conwy &$ rcquird by Section 386 of the 2006 A¢¢ or th¢ aec4)unts do not accord wth thosc rtords,. or Ihe aecgunts do not CL>mply the accounting rcqui]trricnts of S¢ction 396 of th¢ 2006 Act otherthan any Jwuirrni that the accounts give a twe and f￿r view whi¢h 15 not 4 M￿tsr considerd as part of an indwdent examination. or the aL¢ouThts hav¢ not been prepaTed in aLxothJc¥ the n]¢thith and principles of the St4Liemtht of R￿Qmmended pr￿l¢C for accounting and rworting by charities (applicable to chariiies p]Lyaring their acmunts in atcord4nLe with th¥ Financial RLyorting Sthndard 4ppIiLabl¢ in the UK and ￿UbliC of ITelattd {FRS 1021}. I havc nts conccms and have come a¢rv¥s no oth¢r matter* in conn¢etion with the exH]nination to which attention $hi)uld bc drawn itt this rwrt tn order to enable a proper undErslandin8 of the actounts to k Teach signed on1710712025,14'.52'.24 BST Natasha Ca&8idy The As8o¢iaiion of Chartued Cffiified AccountanL% Uplon Bridge House 2 Brid8e Av￿ue Maidenhead B¢rkshire IRR 1710712025 Pag¢ 5

'orkiDgOyllotu in Eduratlorn Sta*men¢of Fln8nttal ArttTrl ' th¢ Year Endtd 31 mber IQ24 31.1124 UtThtiiittxi fijnd 31.12.23 Tot3J funds INCOME AND ENDOWMFNTS FROM DOn￿IonsatyJ legacies 424.410 343.816 EXPENDITURE ON Raising fvnds 18,579 18.761 Charltableadivltks ch8ritsbleacliviti£4 476.701 267J91 15.7 17,039 Totsl 511.079 303,191 NET JNCOMMEXPENDrfuRE) 186,6691 40,625 REcofiCIl.JATJON OF FUNDS Totat fiuwls b￿￿8￿¢ fornard 134.494 TOTAL FUliD5 CAR￿ED FORWARD 88.450 Th¢ note5 form part of these financial 5tstemenL% Pa¥e6

WorkinL OptltitL4 li Educatlon Bthnce Sh¢et 31 ¢mber 2024 31.12.24 Unre5tticied fund 31.12.23 Total furtds Noik FIXF.D ASS￿5 Tan8ible assLS 3.144 285 CURRENT ASSETS Debiprs Investtn¢nts Cash at bank 3,124 292.575 17.654 9514 59).499 313.353 6(M).013 CREDITORS Amounts falling wiihin one year 1228.047) (425.179} ETCURREh7 A&sErs 85.3 174834 TOTAL ASSETS LLSS C￿￿￿T LIABILITtES 88,450 NET ASSETS 88,450 175,119 FUNDS Lnrestrict￿ tsnds 10 88.450 175.119 TOTAL FtYNDS 88.450 The charitable cornwy is entiil¢J to exemption from audit undLY S#tion 477 of the Cornpwues Ac¢ 2006 for the y¢ ejthl 31 Demb¢r2024. The m#nb¢rs have tK>t rwuir&l the ￿MpanY to obtain an 3udii of its flnancial stht¢ments for the yw eJtd&l Jl D¢canbeT 2024 a¢¢ordance with S¥ciiiin476ofth¢ Comparti& A¢t 201hS. The InL￿eeS aLknowledg¢ their rt4x)nsibiliti¢s for lal ensuring that the ¢huilabk wmpany keeps aLcountitw r￿d8 thot ¢omply S¢aions 386 and 387 of the Compantes Act 2(Kbatxt epDnng fJn8ncia] slatemeni$ which give a true otsd f8ir view of th¢ slate of affair5 of the Eharitsble company L4 at the thd of eaLh firt8ncial yw and of it5 surplu$ or deficit for financial year in with the requir¢ments of Sections 391 aT￿ 395 and which oTtrth¥i5e coinply th¢ wuiremeth$ of the cOTnpsni￿ A¢1 2(Kkn relating lo fjnaniial staiemeDt& so faras aw)licable to th¢clwitablea)Tnpaoy. Ibl These fllJall¢i￿ statem¢ns have been PTw¢d itt a¢Gordanr with Ihe provisions applicable 10 ¢haritable £OTnWits SUbi￿t to thc small cotnpanies r¢gime. rinancigl statements w¢re atwrovqt by the Boajd of T￿￿(te$ ond aUthOris￿ for is5u¢ on ............................................. w tts beha]f by.. P Monk. Th¢ T¥)ies fomi p3rt of ihese f][Jw￿lal statemen Page 7

WorklnE Optioiis Edu¢tlon Notrs 10 the Fkn&ni491 Ststemtnts for the Year End¢d 31 DttembEr 2024 ACCOUNTING POLICIES Basls ofprtyarlDgtheflfjnrlal Stattmehts -rhc financid thr17ncnts of the charitable compJny. which i8 a pllblic b¢nefit entity under FRS 102, have prep3rd in accor(lance with th¢ ￿arIticI SORP IFRS 1021 'A￿o￿nting and Rq￿rting by Ch￿ties.. Statemeth of Rccommended Pro¢ncc applicable to chgsities prewtlB th¢tr a￿ount5 itt accord￿¢¢ wilh Ihc FinaTK'ial Reportin8 Siandanl applicabje in the UK and Rwjblic of Ireland IFRS IU21 leffeL'tive l January 2019y. FirwIci￿ Rewrkng Standard 102 The Financial Rwrting Standard applicab]¢ in the UK and Republi¢ of Ireland, and the Companies Act 201b. Th¢ fjnancial stsiem¢nts have prep8r•J ullder the historitAI LThl convention. Jn¢ome All i]￿￿me is reco8nis¢d in the Staiancni of Finawal A¢iiwti¢s wce the CI￿lty hos aliti￿ellt to the funds. it is probable that the income will he r￿e1Ved and amount Cgn measutul r¢liably. Expendltsr¢ Liabiliiie5 aTe r¢rognised 2$ eXF￿dItUre soon as there is 3 legal or ronstruL%ive ob11gatK￿ committing the charity 10 diat expendiwrc, il is protr￿1¥ Ihat t Iransfer of L¥onomic benefits will be tequir¢d in settleineni th¢ aniouni uf tk obligation m¢asur&l reliabty. &xtrtdiluT¢ is attounted (or accnthls b&s'is aT¥J becn cltssifial undcr headings thai aggrcBat¢ all c()st relat￿ 10 th¢ cewry. Where Costs c￿n01 k directly atttibuted tv ￿rt￿ular h&tsliDgs tt￿y have been u(￿at￿l to a¢iiviii¢son a b&8iS Crnsistent wtth the usvof rty)urces. TllElblo fixed assets DepTYcialion is pro￿ld￿llt th¢folkiwingannual in orderto writ¢ off eath a¥getover its ¢stin)ated useful lil¢. OffKe 4uipment 25Vo Strdighl Line Txxauon TheLh8rity is exempt kn) wr￿￿tiOn on its charithble ￿1vities. Fund a¢¢0￿￿¢1￿￿ U]JTeStricl￿J funds can bo used in aLl¢wd￿￿ with th¢ chartt&blenbi¢ctiv￿ at the difLrtion of ihe tru&1￿$. Resrryded funds can onty be tss￿ for parri¢ular restyicrcd putws¢s within th¢ objeEts of the chatity. R¢stri¢liO]LS arise when spe¢ifiLxl by thedonotorwh¢n funds art raised forp3rticularte51riLled purFoseb. Further explanotion of thenaiure 8ndpurrN)of eath ful￿ is uKlud¢d in The tu)t¢sto the finan¢ial ststcmrnts. Pen51on #nd 0tberpost￿ttlreM¢￿t b¢nefits Th¢ ¢haritabk company owates a defin￿1 cvntribu¢ioll twion ￿]￿e. ConinTrulinns payable to the charitsbk comp&W$ FI￿s1on sch¢Jn¢are Charg￿ to Ihe Statemcni of Financial Aui*iiies in tkwiod to which thcy T¢la( Flnan¢Sal 1118iruments The Lharity onlv finsnLial dss¢ts and liabilitk% of a kind thai qualify a% bBSiC finaDcial instrumorts, which affj ifiiri8lly lt tran￿tion Y￿U¢ and subs4uently Measu￿ ai ttEirSett1￿llentV8lll￿ PIET INCOMEJ(EXPENDITURE} Nth incomd{cxpenditure) 1$ statrd aftercJw¥ingllcrtyJiuJ)81.' 31.12ll4 31.12.23 Depjwiation. ownol •ssets 142 Pw8 coniinu•J...

r4_otes to thtFIJLaad81 Sttrments- eontlkn foT the Yér F.nded 31 De¢tmbei 2024 TRUSTEESI REMUNE114TION AND BENEFITS Ther¢ T/cr¢ 0 trL￿, remuneration OT other ten¢fits for th¢ year Jded 31 D¢ccmbEr 2024 nor for the year end¢d 31 D¢TntKr2023. Trust￿, expemes Thetr w¢r¢ truths'exp¢nsespaid furtheyearJded 31 D￿ember2024 nor forth¢yeareJthl 31 Decem￿2023. STAFF COSTS Th¢ average monthly numberof tsnployc(sdunng theyur was &% follows: 31.12.24 Fjtwloye 31.12.23 Tk nLDnb¢r ofonploy¢es ¢rnpk)ytt kllefiLs (excl￿ding eMployerpe￿I0tt costs) Exceeded £60,Tr)0 £70.rH)1- £80.000 31.12.23 COMPARATJVES FOR THE sfATEMEpif OF FlTriAP4CIAL ACTlVtTIES Unre5trid fund INCOME AND END01￿El¥T5 FROM Donations and Iwci(¥ 343.816 EXPENDITL1RE ON Rai¥ing fu]Jds 18.761 Charltthle*ctiYliies Ch8ritsbleaLll￿ltl￿S 267.391 17.019 Totsl 303.191 NEf INCOME 40,625 RECONCILIATION OF FUNDS TotAI fv￿J$ brO￿t fvrward 134.494 TOTAL FUIYDS CARRIED FORWARD Poge 9 continued...

Il'ork5n£ Op￿0￿1 in Edu¢atioll Notej to the Finallcial Statemtllts- CODtlnued for the YegrEoded 31 De¢embtr2O24 TANGIBLE FIXED ASSETS Computer uipment COST Al l January 2024 A(kiibons 570 4,003 Ar 31 Dxrmber2024 4,573 DEPRECIATION Ai l January 2024 Char8e foryear 285 1,144 At 31 D￿ber2D24 1,429 Nrf B(X)K VALUE At 3L De¢eJnber 2024 3,144 Al 31 D￿ern￿r2023 285 DEBTORS,. AMouf4TS FALLINC DUE WTHIN ONE YF.AR 31.12.24 31.1123 Tradedebtors 6281 3233 1,224 3.124 9014 CVRREf4T ISSET INVESTMENTS 31.12.24 31.12.23 Lisiej LiJve5tments 292.575 CREDttORS,' AMOUNTS FALLING DUE IIqTHIN OYE YEAR 31.12.24 31.12.23 Ttade cr¥]itors ial security othertaK&S het creditors Cr¢ditcaJ A£¢n￿d income 1,329 8.5(r2 5,0(X) 774 212,412 11232 5,759 21J30 385.658 228,(￿? 425.179 MOVEMENT IN FUNDS Net mow¢m￿l in fu￿$ Ai 31.1224 Ai 1.1.24 Unrutrlcted funds Gth*rdl fvJKI {86.6691 88,450 TOTAI, FIJNDS 186,6591 88.450 PoK¢ 10 eontinu&L..

Ifotsl in Educatlwk to tbt FFM al Statrments- ntin for ihe Ye¥r Ended.11 Deetthb¢r2024 io. MOVEMENT IN FUNDS. continued Net movemellt in fuT￿ts, llJclud41 in thcaknveare a% follow& Incoming r￿urCeS Rtwwces Movemlmi expendLMI m funds UnreJtrttted fund G¢TKral fund 424.410 1511.07YI 186.669) TOTAL FUNDS 424.410 1511.0791 (86,6691 Comparatives for movemtnt Infund5 move]n¢nt in funds Atl.1.23 31.12.23 Unrttltltted ftrnd G&J¢ral Fund 134.494 40.625 175,119 TOTAL FUNDS 134.494 40.625 CompaTrtive net movctntnt in ￿ndS in¢luda] in the aFx)ve 2rtas follows.. Incoming resour￿ Resourc& Movement in funds Unrestrletsd fund5 C¢nml fund 343.810 1303.1911 40.625 TOTAL FUNDS MJ}16 13U3,1911 40,625 RELATED PARTY DISCLOSURES Ther¢ werern relat￿ party Iran8attions fortkyearathi 31 De￿nb¢V2024. Page 11

WoykinxOp.tson¥ In Edu¢*do Iletalled Ststornent of Fln#thd41 Actlthes for iht Yttr Lndtd 31 Dtcember 2024 31.12.24 Jl.l2.23 INCOME AND ENI)OWMENTS tknnatlon¥ aDd iegRdes Donations Grants Sacla S¢holar5hip I￿Ome J(15.790 271.￿5 61.701 11,050 424.410 343,816 TO1￿ i1￿mIng resources 424.410 34.3.816 EXPENDITURE R#isiDg don&tlons legAcles Consultsncy S&ia Scknlarthip EXl￿lI￿r¢ Fvndrai$￿8 4,8(KJ 12.(XK 6.579 13.961 18.579 18.761 Ch#rltableacdvltIes Wag¢s jai sxurity PerLsion$ InsurBn¢e Telvpknne Prin4Fosrage and station FTEeLincc staff R¢cNllmenr & oiherstaff c4)st Advcnisin8 & tnarkvtill8 Comput¢r& 501hvare Inl¢met & website costs. Travel & 5thsisTrnL Subscriptio￿s Training Clothing£￿Sts CompUt¢r￿UlpMeni 375,805 199,877 15.012 3,108 1,441 284 1,494 239 2.535 240 3.097 9.605 I,lJ6 7,414 379 20.475 713 8.787 15.125 7.527 10.791 1627 2,243 142 355 476.696 Othff R&ruitsnenl & otherst4ff w5t Profession￿ f 2,201 850 3,450 8.862 436 6J27 50 B(K>H(eeping fees Advwtising & Tnarketing 15.799 17.039 pporttffjts Bankand ¥Yedii chorg¢s 482 Total resour¢fs eXp&)￿j 511,()79 303.191 Nrt(expendltureWlncome 186.6691 40.625 Thi5 pHged(KS JM)I form parrofthe statuknry fil￿¢181 $tatanents Page 12

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