students4Stiidenls Cliaril No CHARITY COMMISSION FOR ENGIANO AND WALES | 1186813 Annual accounts for the period 1st July 2023 To 30th Jun& 2024 Section A Statement of financial activities Restricted income funds Recommendod categories by activity Unrestricted funds Endowment funds Prlor year fund5 Totsl funds Income {Note 31 F01 F02 F03 F04 F05 Income and 8ndowments from- Don8llon5 and lega¢les 3,075 698 1,200 3.075 698 2,298 150 1,543 GlfLAld Grants 1,098 150 7,000 775 Fundral$lng Total Expendlture INote 41 4,972 1,248 6,220 9.318 Expendltur8 on- R£ising fund5 Ch£rllable actlwuss 745 4,427 135 5,307 54 5,576 799 10,016 135 10,950 1,080 8,281 84 9,445 13 Othèr Total 13 5,630 Net Incomellexpenditure} before investment gainslllossesl 335 13 4,383 4,730 127 Nel gainslllossesl on inv8slments Net incomellexpenditurel Extraordinary itèms Transfers between funds other recognised gainslllossesl: 335 13 4,383 4,730 127 416 416 Loan repaym$nts Other gainslllo$$681 Net movement in funds 751 13 3.967 4,730 127 Reconciliation of funds.. Total funds brouyhlfornwrd Total funds carried forward 2,875 2,124 733 720 3,364 603 6,972 2.242 7,099 6.972
Section B Balance sheet Restrlcted Income funds Unrestricted funds Endowment Total thls funds year Total last year Flxed assets Tanglble assets Intanglble as$•ts (Note 61 INot8 6A) Total fix8d assets 224 250 474 50 50 Current assets Debtors (Note 71 Cash at bank and in hand INote 101 Total current assets 339 330 669 587 6.929 7,515 3,143 722 2,432 6,297 Creditors.. amounts falllng due withln on& year (Note 81 1,070 3,035 4,105 1,017 Net current assets/(liabilitiesJ 722 603 2,192 fj.496 Totsl assots less current Ilablllties 2,123 722 603 6,972 Creditors: amounts falling dua after one year (Note 91 Provisions for Ilabilities Total net 3SSets or liabilitiès Funds of the Charity Endowm8nt funds (Not8 13 Restrictéd Income funds (Note 131 Unrestrlcted funds Revaluatlon reserva 2.123 722 603 2,242 6,972 603 603 3,364 734 722 722 2,124 2,124 2,874 Totsl funds 2,124 722 603 2,242 6,972 Signed by on8 or two twst888 on behalf of all the trustees Dale of approv81 ddlmml Signature Prfnt Name Fred HarrSson-Jame8 CC17a IEx¢ell 0810412025
Section C Notes to the accounts Note 1 Basis of preparation This section should be completed by all charities. 1.1 Basis of accounting These accounts have been prepared under the historical cost convention with items recognised al cost or transaction value unless otherwise stated in the relevant notelsl to these accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 issued on 16 July 2014 and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021, and with the Charilies Act 2011. The charity constitutes a public benefit entity as defined by FRS 102. 1.2 Going concern At the reporting dale, Students4Students had total funds of £2,24012023.' £6,972), with £1,51912023: £6,239) relatin9 to unrestricted or designated funds. During the year, Students4Students had a net loss of £4,73012023.' loss of £127). Nonetheless, given its strong cash balance, the trustees expect that Students4Students will continue to be able to meet ils liabilities as they fall due. Since the year end, Sludents4Sludenls continued to provide free online tuition lo primary school children. demonstrating ils ongoing capacily lo operate. Therefore, il is the expectation of the trustees that students4Students will continue as a going concern for the foreseeable future. 1.3 Change of accounting policy The accounts present a Irue and fair view and the accounting policies adopted are Ihose outlined in note 1.1. 1.4 Changes to accounting estimates No changes to accounting eslimales have occurred in Ihe reporting period {3.46 FRS 102 SORPI. 1.5 Material prior year errors No material prior year errors have been identified in the reportSng period (3.47 FRS 102 SORP). CC17a (Excel) 0810412025
Section C Notes to th$ accounts conll Notg 2 Ac¢ountlng policies 2.1 INCOME Thls slsnd8rdbsloa¢¢ovrtltngpolKsfvas bwapplkdbythe Gb8Tityx¢aPl0rthOseIke&'Nts"Qr Y. ffewtLY#dthl0nalpfv&S this1$ d$idb] boxbthw. R•coqn511on of Ineomé lded In t$191tof Fina1#1 IsoFAlwhEn." Ihp thariivbgtomes eitled Ihé r8sources'. 16 more IlkdylhBn Ihal th8 trusieeswllfecFrl¢ IrSrCES,. the Monetèryv4 bB Me&5¢d1h$uffnE rdiility. No Nla Ttr¢ has nDQtt3iliw otassgts and liab1?5. orIrKiv @B. u¢$6 rgqulrédoi PBnnftta byth¢ FRS 102SORPorFRS 102. Yea ND Offsoiti Yes No Gro$ alall05 ar¢ orty lttluded intsS0FAwhih9[al crrteiia m¥i15.10 105.12 FR$102 SORPI. Grants donAUtins ln 1Cae01rftsDmaa rOted gr. lrtome musloplYbBfwJuy¢dtOthe 9&t ihal 1h?GhgtyhS Ihè$poclfiÈd a$ÈtleMentIolhe9lprtt nlyoccurs pBrfOiMae reled ¢X1110n ale metl5.16 FRS 102 SORPI. L•gacie84Tg inthdèd lThth0 50FAwhEDi¢MW& pr(thb1e. Ih&tl$, vknÉn Ihère has 9ranlolprthie. Ihpe%rtwrShaV&ests1shPd thai IhgrÈ arèsurriclerteU5èts kn I eslale artYdIn5 attB¢fthtoth• 0cye eilherlth>CLyr Dfthe Ladly Orkabeen mpl. No Yes Nl3 Yes No Nla GrsvémMqnlgtant$ TrChElllYh8s[sVPdgarn0rtgrant&kn IhBreporfllry p¢Aod GfftAld le¢¢9b1&18 2 Y4lpJd¢¢laiaiiontromthedD. AnyGfftAld em01 adon81 |$¢or¢&ld8rdd io be partofthaioin L treèl¥as an addliDThio IhF 59rtwfd as the INlial 1hBd0ThK1tr téimsofthe8pp¥eJ hav6SPBcIfd OthwSé. T#x réclalrnson donatlon5 and Yes Nla es Nty Nla ContraGlul Inetsmèand rola18 Th18 16 udyl1d kn lhpS¢FAoth&chBIYh pwIl¢gdth8rthieddtsOr eIC?5 orm¢i IperfnnGe Y&s No Nla Donat4d 9tsDds trald 9oods areTh9rd al[afrvueIlr8ThQVtf¢lthkhttssSSel GQLld eXChaThJedl1¢$$ Imprathaliodo T¢slofanyst0ck o1gw lortslribLlw 1¢ belaneS Is 10 ba thefa1FVa¢ olis8O5 al Ihetimo4fihthrecelpland tsy¥rè r¢cogrw&8d rec4Pt. In Ihbreportiry puiod InwNth Ih8slo&84Tèth91Ilb, thyarerecogrs41 assn Y9S No Nle Donatsd d31¢tO69IQ ¥e measured4tl8ifvAlwon Inillal Te(ognIw.th1th ksthe p8d$frll 91È$the expected c051ydsalg, and recniSed in'lrwm olhertr$lin9 aclivllies'wlh Ihe¢ofr¢$rKMthnDsiock rewrMs¢I kn Ih&balance On Ilssale Ihev>lw olslock Is chBrged89EAfsi'iOM2 Iromothertr#dlny actrwilie5' wocéed8fiom SFlo8iÈ ak%orecogtM8qd i$'lACQme (r olhprlr4dw¥J Yes No Wa Yes Nla G¢odsdonaled IDron.gakny use by1h2GhBy1$ rÉcagnedas iengibk llxéd endirtludad In the SoFA4$irttsmln9 rourCeS*Enr¢ceatrl. Yes N¢ s l¢ruSèbyihpchy&1o Incthed InsOFA&s |nctyDatromknatlorhS Wh r8C85vab. Donatodgwvk¢$ and Don8ted$$fvi¢aÈ alf¥ClI115 ¢1d th Ih88OFAwhFn r¥Èfvadatthevalue(rf thÈ9lfttothBchBTilyprovld8Othe valueolih#9ln cÉnbB measured relbIl. aledsetvirp9 #11acIlIti8s Ihbtwe L¥Mym¢d Immedlalelyeip Itc09%83s Inc<)me h #n aqulv316lll a0¢ reCsed as anexw5#undèrlhgappNyriBt¢hothry kn B8OFA. No Nlg Yes Yes No Nl4 5UPPOrtCOBt• Th&ch&rflYly IrKtyréd eXpeIlen$Up[th(w. Yes ThpvBluo4faThyvolMlaryh$lpwglv86ts not IleID8 9ccouStldFs¢d knthe ItePs.8rrdIlO. es InGom• Irorn Inlor•sC roy¢l¢l#s and dlYldqnd$ TNe 1$ kncIud8dIhBd¢Wrtsn reptI¥ wob4WandttrzmntrrtNJcan from nmrnbershlp KiéMbeishlpsLth¢ripiN%[8ceknd In IoIr¢ dagNiai• recoBnle¢d In Donthnsas Lq9?¢1#$. e$
b&mrrtswe r¢¢tynLq8d asIOrne e8ffled1r( pr(thsknofgDod9 ar sthlces85 chaiilablpllVil$. No 8ottleMentol InsurAnc Insurance da15 ar•onlylffled InSoFAthn general roc09110 ¢thwla arèmel15.10 10 5.12 FR8102 SORPlandBre 1cd¥S aThtt8m ofdhèr eiTrlhpSoFA. Nle Yes No Inv•stmentguln$ Thls Include54nymNÈadttuweal& g4in5 orb&sèsonthosale DI1$1mlsand 4nygalnorknss res1 trom i•valulwlwestmBrts rn8ik¢ivAlwaltheend url la 2.3 EXPENDITURE AND LIABILITIES Liabil1 récounrtsed H¢ell & molIkY1h1n nDtthal Ihw# l$tyWI construc1weobli9 ¢0mml the chaiilyltsPayQthr8srwces andh amOl011h obl81canb0 measurqdwlhrÉasonabl8 certelnty. SupportClkSt& h3vp bEFn gllocaied beh¥eengoveiW¢¢ tosls andottteTSVPWrt. Qovemart•coslsc0mpe all c051y wblK accountsbwiiyollh&ch8iMyanOil¥ ¢Drnpllancewlh rq9ufai1 gOodact. Y&s No Nla Govornance and tsupport eo8ts SupportCD515 I)dÈcnErftio¥ Bnd hawbeenglDcakbtO&¢l1tyc0st al#9Ort&son a ba515CDDsl$tnl lIhttle us80fre5ou. ¢9 a1Cling piopEttyr0$16 tyfloLrai+&$, (rfP8rca, sleKco3ts bylhÈ lkn&sp6nl ar oiher¢oslsbytheliusagp. Y85 Nl¢ WherothechWgvip$ ¥ grantCOndI1lonYftyII$ aspprift¢ lol0f Grant8wKh setvirts Or¢1 lobo[VIse. swhgranls arooWfecognls¢l kn lh8 SoFAonGe I condltlon r1pn10fthe grÉni hjs proV&e 5pecifd serylcé or(lp. Irare 11[0n8Iiathlng lothe gratltatrIès th8dDmiGh&rtyto 10alist81&V(&thO C¢MnMitmBlll. a lbIlly101 Itlfu ob¥bArnust iewnlsod. Yes Grants payablowlthout rformancècondlU4n& No Wa Yes ND Nla R•dunthnty ¢wt Thp¢harfiymad8 reddrPWn1Sdrkng IhpfepDthg per. Ygs No Nla D01+rièd Intr NornatOn Ilpmofdèf¢rr¢¢ IncW¢dlnthe acc18. es Nla Crqdltoig ThF (b#tilyh8scrrtiSWO1¢MsW@d al SelurnffttSLg%s anylF8de dlscounls AHathlily13 $edUreCOgNIlUntIts hlOTlttalcosl and Ihen$Ltr9qu1lY m¢asur8ballhebB31e51imai¢ ol1h&am(l requ¥d %¢1118 Ihg dgtè ThèchaiiiyaccoMlsfot bB51¢ fin9nda Instruments rÉtogNIZsperp&r&9Qph 11.7 FRSID2SORP bsequent m$ty¢mlIS as perpar4gioph$ 11.17 10 11.19, FR&IO2SORP. Yes Nla No 2.4 ASSETS Tanglblk flxèd ass•ts for Th856aTec3wWle¢d thYcan Ihonon8y8aT, ¢x)$18t18asl by charlty £3 Yes Th¢yaiava1uBd al cost. Thpdepr¢¢lthnratss arm4th09 uÈéd ar8dsdosed In 9.2. Tchri1¥haS InlangfixBdS$¢I$. that Is. n.onery8s0lS that th)llolhav¢ physKal subslanre b319 1d8Thtifia8ad can1rd byihe chantythowhclty orbg¥l The am0thatN f¥i¢$And mélhLth used Èr¢ dIxhrys&linlP9.S Ihtanghtsl• 1Sxpd aBBvl$ Ygs No e8 Theyare Y•CoL ThB rhariiyhas 18n1e&Sel$, t1 Is. mn-Monetsrya¥5?tSI1hIIoric. arhsbr. e1c, iechnclrylcal. geophys1eWmtalaIes Ih81 gre h8ld a molniald princlpaWylDrihsltcOnlrknl loked98 andtuliur& rates Ms&Sda$th5dO9dIfft wg.6.1.4. Yes No Wa Yes ND TWarovaluBd ?lty)$1. Inv•slmpnt xed BSBFlknvÉslm8This Iqud ehaf•s. Irad8d ar 51MWknVIMertS are valu8d al InlllaltyaiGtsSI and subSettr4tfWrya1I1thraelYP1) 01 lh9r nd. fh8same Ireeknenll58p iounllstedinve51ffjgnl$ UHsfaVaknGQl ba e4swe6f¢llablykn lChCase m¢36ui8d atc0St351m9£Im$ffti. lny63lmertshe for rOsorpendIry Ih¢li ¢qUI181 mwrilydat60fS8 Ihèn 1 yèarare treated45 ¢Vff¢niAÉIkny8S1rne Yes No Nla Yes No Yes Nla s¢tseksandwork In proBroBs stocks hE1Sf a$partof hTbbtr8da Measur atty I¢V orcostornpl Good6 OrSeIc£sPra¥J¢I ?$pÈnof achan1a? #MIY9r•E83edatlIl8I1sSbI¥SO basedlsk8OIetl pr(wldeJtyy Ilemsofslock. as No Nle Ye5 N13 Wtyklnprogress1svaluBd ¥i(Xxl anyfoFe5e stha1 L%lIkdYtD(KIlthO contract.
Oebkms lirtdIn9 trade debtorJwI h13tLqrecoivablel #r¢MÉasured on Inilr4lT¢c¢gnlllon al 69llleTrwlll a01 ¥ii¥ranyiTad6discounlBty amount al5va& bylhg tharity. swmy. yarpm¥aÈuréd al ItrEGa5h ofoihucondBtEiunew£d lobe red. Th$ ¢h¥iiyhas has InYe31mBTht$ Ilhold5 lor r¢$9kor p8ndiThJ Ir$flOAd c8shand Geuh YFS qale$I p ma1Yales5 th#n year. These IlUd?cash OndepoyrtraSh a m21uthydao[s thanone ar81dfOrve81mert IFAhei IhBn 10 Me81 stthi¢mi¢a$h comrnitmeThts tstWlaltho. Yes N18 No Cyyrèntasset Invo5tménts Ni TW¥evaIued4ll#kvak exceptvhièth¢YqulIyas ba llnwlal knsltumeni8.
Sectlen C ote5 to the accounts contl Note 3 Analysls of Income Unfgstrkted fundy Toialfunrts PrforypB Anal sls Donations and Ills Donatlons and l£uacles'. 3,075 698 1,200 3,075 698 2,298 1,543 Grants Donated oods fa¢illlie9 and services Olher 1.098 7,QOO Total 4,972 1.098 6.070 8,543 Oth8rtrBdlng FundraI9ing 150 150 77S Interest on Iradi a¢¢ounl Olher Total 150 TOTAL INCOME 4,972 1.248 6.220 9.318 OC17a {Ex¢dl 0810412025
Section C Notes to the accounts Iconti Not8 4 Analysls of expenditure Thls year Last yoar unro5tr1¢d Ritrfctsd InGQ1nPttsd8 EndOwrnt fund¥ unr05t15Bd Income fund$ Endowrnllnt fund¥ Analysls Ex endltur• on ralsln fund$'. IncuTred seeking don3tions Incuired seeking legacie9 291 291 216 216 Incurr seeking grants 198 198 343 343 Adverflslng and markellng costs 82 82 190 190 Support Costs Inole 51 174 228 277 54 332 Total pxpèndlture on ralBlng funds 745 54 799 1.026 54 1,08 ExpendltUTe on charltable a¢tlvltles'. 3.313 55 13 1,947 190 5.272 245 330 4,988 4,988 297 9S 202 Teaching r8sour¢es 330 150 176 325 1,020 319 1,020 330 520 520 DBS ch8Gks 44 178 220 Tut f¢wllrnenl 69 652 921 314 92 406 Tur welfare 62 Tulortraining Tutor travel 191 658 191 589 99 500 456 69 195 280 189 575 288 School eng?gemenl Support costs Inoie 51 Total exp9ndllure on charlt•ble 248 108 555 108 063 4,427 5.576 10.016 1,202 5.236 1,842 8.281 Oth9r ort eosLs nol8 S Total other Èxpenditure TOTAL EXPENDITURE 84 84 135 135 5,307 135 135 10,950 84 84 2,313 5,63D 5.236 I,e96 CC17a (Excd)
Section C Notes to the accoLsnts Note 5 Support Costs Please compl&te thls nole If the charity ha5 analysed Its expenses using a¢tlvlly cstegories and has support Costs. This year Ralslno funds actlvitles other Grand total Basls of allo¢atlon Support cost 75 150 224 See below Daprecialio 67 133 200 S88 below Amortisation 57 114 171 See below Websit8 Costs 30 59 89 See below Strategy day 135 135 See below Other adrnin ¢osl$ 228 456 135 819 Total Last year ar Raislng funds oth6r Grand total Basls of allocatlon ID6serlbe method) Se8 b8l¢w port Cost 102 204 305 Depr8ciation 67 133 200 Se8 b81ow Amortisation 57 114 171 See below Website cost$ 106 212 318 See below Strategy day 84 See bebw Other adfflin costs 332 663 84 1,079 Totsl Please provlde Lletails of the 4ccounlin9 policy adopted for the apportffonment of costs l>elween acllvllles and any estlm8tlon techniqves used to Galttulate theirapporlionmènt. All support costs exoepl other admin costs have been apportioned one-third lo raising funds and tWO-Ihirds lo eharitable aclivilies. This estimale refleots the amount of volunteer time spent On gach aclivily. Other administrative costs have been ¢ale9orised as 'other' expenses. CC178 (Exc811 0810412025
Section C Note$ to the acGounts Nole 6 Tangible fixed assots Please ¢omplettr Ihls note Af th8 charltyhas any tanglblÈ IAx6dassels 6.1 Cost or valualion Plant, machlnery and tnoior Vehlcles Total Al Ihe b8glnnlng of the yéar Additions 1,222 Revaluatlons Disposals Transfers Al end of th8 year 1,222 1,222 6.2 Depr8clatlon and Impalmients Basls SL ovÉr4 ye8rs SL over 4 years Rat8 25% 25% At b8glnning of th8 yaar Disposals 997 997 Oepreciation 224 224 ITllpairtn•nl Transfer5 Al end ofthe year 1,222 1,222 14.3 Net book value Nel book value 8t the beglnning of the yaar 224 224 N81 book value at the end of thè ytrar CC17a IExcell 10 I)U10412025
Section C Notes to the accounts Note 6A Intanglble flx8d assets 6.1 C08t orvalua¢lon WÈbsllè d810PMent Total Al the beglnnlw of the year Additions 600 600 Revaluallons Dlsposals Transfers Al end of Iha year 60 800 6.2 Dppreclatlon and impalrmonts Basls SL ovtrr 3 years SL ovar 3 years Rate 33% 33% Al beginning of the year Disposals 350 350 Amorti5alion 200 200 ImpalTtnanl Transfers At end of the year S50 550 14.3 Net book valu N81 book value 8t the beginning of the year 250 250 Not book value at the Ènd of the year 50 CC178 {Excell OW04ll025
1111 1111
111111 111111 111111 111111
li 11 li I Iiiii
1111
c c V5
Section C Notes to the accounts (cont} Note 12 Events after the end of the reportlng period Please complèt8 this note evènts (not requlring adju5tm8nt to the accounts) hav8 occurred after the 8nd of the reportlng period but before thè accounts aré authorised whlch relate to ¢ondltions that arose after thè end of the raporting period. Please provida details of th& nature of thè &vent No events requiring adjustment ol or disclosure In lh8 accounts hav8 occurred $inc8 the reporiing dale. Providè an estimatè of the financlal effect of thè event or a statement that such an estimate cannot bè made Not applicable, see above. CC17a (Excell 17 0810412025
11111111 111 11111111 111 11111 11111111 Lfjw
llllllllll Jlll Iiilillllllllll lliiiiiiiiiiiiiii 11111111 111 1111 11111111 11111111
Section C Note5 to the accounts Iconti Not8 13 Charity funds lcontl 13.3 Transfers betWè8n funds This year Re850n for Iransfer and where endowment is converted to Incom8. legal power for Its conv8rslon Amount Between unrestricled and re5tiicled funds None in the y88r. Between unrestricted and endowrn8nl funds Between 8ndowment and unreslricted funds Transfers from central bank accounts to bran¢h accounts to aid cash flow. 416 Non8 in the year. Last year Reason for transfer and where endowment Is converted to In¢ome, legal power for It$ conv8rsion Tiivial surplus on a reslricled fund writ18n off, arislng due to a historic error. Amount B8tween unrestricted and r8Stricled funds 18 Between unrestricted and endowment funds Between endowment and unrestricted funds Tr8nsfers from ntral bank accounts to branch accounts lo aid cash flow. 1,249 Non8 in the year. 13.4 Designated funds Thls year Planned use Oxford branch Pur ose of the d851 natlon To fund tuition undertaken by the Oxford branch. To fund tuition undertaken by th8 Durham branch, To fund tuition undertaken by the Brislo1 branch. To fund tuition undertaken by th8 York branch. Amount 2,114 775 Durham bran¢h Bristol branch 977 York branch 965 Total deslgnated funds 603 Last year Planned use Oxford branch Pur ose of the designation To fund luition undertaken by the Oxford branch. To fund tuition undertaken by the Durham branch. To fund tultlon Undertaken by the Bristol br8nch. Amount 3,425 79 Durharn branch Bristol branch 18 Totsl de81gnated funds 3,364 CC178 (Excdl 20 0810412025
Section C Notes to the accounts Icontl Note 14 Transactions with trustees and related partl6s 14.1 Trustee remunèration and benèflts None ol th8 Iruslees have been paid any rernuneralion or receiv8d any olhei benefits Irorn an 8rnploymenl with their charity or a related entity. In addition, there were no such r8rnuneialion and benef1ts in th8 prior year. 14.3 Transactlon{s} with relatéd partios This yèar There have been no related party transactions in the reporting peri¢xl. Last year Th8re were no related party transactions In the reporting period. In relallon to the trensactions above, please provffde the term$ and conditions, ffncluding any se¢urity and the nature of anypayment {eonslderatlonJ to be provtided tn settlement. No IransaclSons Identified above Forany relaledp8rty. pleas& provlde det811s of any guaran¢ee$ glven or rec8iv8d. No guarantees have been glv8n or received. QC17a (Excdl 21 0810412025